First Southern Bank

Status:Inactive as of 08/18/2014
 Merger - Without Assistance
Successor Bank:First Southern Bank
Headquarters:First Southern Bank
301 East Main Street
Carbondale, IL 62901
Established:01/01/1905
FDIC Insurance:01/01/1934
FDIC Cert:#3796
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$243,405,000
Total Deposits:$207,165,000

History

1905-01-01Institution established: Original name:The First National Bank of Grand Tower
1988-02-01Changed name to Downstate National Bank, Grand Tower, Illinois
1992-07-01Changed name to First National Bank
2001-01-10Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2001-01-10Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2001-01-10Changed name to Shawnee State Bank
2002-07-10Changed name to First Southern Bank
2006-11-30Moved bank headquarters from GRAND TOWER, IL to CARBONDALE, IL
2014-08-18Merged into and subsequently operated as part of First Southern Bank (15565) in MARION, IL
2014-12-06Acquired Herrin Security Bank (17793) in HERRIN, IL
2022-07-01Acquired The Bank of CarbondaleFirst Southern Bank (10828) in CARBONDALE, IL.

Financial Information (2014-06-30 and Older)