Latimer Bank & Trust

Status:Inactive as of 01/15/1987
 Absorption - Assisted
Successor Bank:First National Bank
Headquarters:Latimer Bank & Trust
Main Street
Latimer, IA 50452
Established:07/01/1955
FDIC Insurance:07/01/1955
FDIC Cert:#17475
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$23,230,000
Total Deposits:$21,988,000

History

1955-07-01Institution established: Original name:Latimer Bank & Trust
1987-01-15Failed. Acquired with government financial assistance and subsequently operated as part of The First National Bank of Clarion (4437)
1987-07-30Acquired Farmers State Bank (13152) in KANAWHA, IA
1990-01-01Reorganized.
1990-01-01Changed name to First National Bank (4437)
1994-12-05Merged into and subsequently operated as part of First Citizens National Bank (4433) in MASON CITY, IA
1994-12-05Acquired Osage Farmers National Bank (4487) in OSAGE, IA
1994-12-05Changed name to First Citizens National Bank (4433)
1994-12-09Acquired Citizens National Bank (14897) in NEW HAMPTON, IA
2013-01-01Acquired First Citizens Trust Company, National Association (34212) in MASON CITY, IA
2014-07-01Acquired Kanabec State Bank (8220) in MORA, MN
2015-12-31Changed name to First Citizens Bank (4433)
2015-12-31Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2015-12-31Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS