Jennings State Bank

Status:Inactive as of 10/02/2009
 Absorption - Assisted
Successor Bank:Central Bank
Headquarters:Jennings State Bank
126 West Main Street
Spring Grove, MN 55974
Established:01/01/1890
FDIC Insurance:01/01/1934
FDIC Cert:#11416
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$52,347,000
Total Deposits:$50,801,000

History

1890-01-01Institution established: Original name:Onsgard State Bank
1997-05-01Changed name to Jennings State Bank
2009-10-02Failed. Acquired with government financial assistance and subsequently operated as part of Central Bank (27234)
2009-10-23Acquired Riverview Community Bank (57525) in OTSEGO, MN as part of a government assisted transaction.
2009-11-20Acquired Commerce Bank of Southwest Florida (58016) in FORT MYERS, FL as part of a government assisted transaction.
2011-04-15Acquired Rosemount National Bank (24099) in ROSEMOUNT, MN as part of a government assisted transaction.
2011-10-07Acquired The RiverBank (10216) in WYOMING, MN as part of a government assisted transaction.
2012-07-13Acquired Bank of Naples (35396) in NAPLES, FL
2013-10-07Moved bank headquarters from SPRING GROVE, MN to GOLDEN VALLEY, MN
2014-04-12Acquired First National Bank and Trust (5338) in BARRON, WI
2016-04-01Merged into and subsequently operated as part of MidWestOne Bank (14843) in IOWA CITY, IA
2019-05-01Acquired American Bank & Trust Wisconsin (6183) in CUBA CITY, WI
2019-05-01Acquired American Trust & Savings Bank (13150) in DUBUQUE, IA

Financial Information (2009-09-30 and Older)