Millbrook-Newark Bank

Status:Inactive as of 06/18/2001
 Merger - Without Assistance
Successor Bank:Farmers State Bank of Somonauk
Headquarters:Millbrook-Newark Bank
Route 71 And Union Street
Newark, IL 60541
Established:01/01/1921
FDIC Insurance:01/01/1934
FDIC Cert:#5747
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$31,788,000
Total Deposits:$27,716,000

History

1921-01-01Institution established: Original name:Farmers State Bank of Millbrook
1976-10-18Moved bank headquarters from MILLBROOK, IL to NEWARK, IL
1976-10-18Changed name to Millbrook-Newark Bank
2001-06-18Merged into and subsequently operated as part of Farmers State Bank of Somonauk (10083) in SOMONAUK, IL
2005-07-31Merged into and subsequently operated as part of Citizens First National Bank (3731) in PRINCETON, IL
2012-11-02Failed. Acquired with government financial assistance and subsequently operated as part of Heartland Bank and Trust Company (20369)
2016-04-29Acquired American Midwest Bank (21272) in SYCAMORE, IL
2020-12-31Moved bank headquarters from 401 NORTH HERSHEY ROAD, BLOOMINGTON, IL to 401 N Hershey Rd, Bloomington, IL.
2020-12-31Acquired State Bank of LincolnHeartland Bank and Trust Company (12396) in LINCOLN, IL.

Financial Information (2000-12-31 and Older)