First State Bank of Claremont

Status:Inactive as of 2020-07-03
 Absorption - Without Assistance
Successor Bank:Dacotah Bank
Headquarters:First State Bank of Claremont
7 East Highway 12
Groton, SD 57445
Established:1903-01-01
FDIC Insurance:1934-01-01
FDIC Cert:#484
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:2
Total Assets:$61,318,000
Total Deposits:$54,188,000

History

1903-01-01Institution established: Original name:First State Bank of Claremont
2002-10-07Moved bank headquarters from CLAREMONT, SD to GROTON, SD
2008-07-01Acquired Langford State Bank (9940) in LANGFORD, SD
2020-07-03Merged into and subsequently operated as part of Dacotah Bank (17437) in ABERDEEN, SD

Financial Information (2020-06-30 and Older)