Palos Bank and Trust Company
| Status: | Inactive as of 08/13/2010 |
| Absorption - Assisted | |
| Successor Bank: | First Midwest Bank |
| Headquarters: | Palos Bank and Trust Company 12600 South Harlem Avenue Palos Heights, IL 60463 |
| Established: | 06/01/1956 |
| FDIC Insurance: | 06/01/1956 |
| FDIC Cert: | #17599 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $493,391,000 |
| Total Deposits: | $467,784,000 |
History
| 1956-06-01 | Institution established: Original name:Palos State Bank | |
| 1970-02-09 | Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED | |
| 1971-01-13 | Changed name to Palos Bank and Trust Company | |
| 2010-08-13 | Failed. Acquired with government financial assistance and subsequently operated as part of First Midwest Bank (3709) | |
| 2012-08-03 | Acquired Waukegan Savings Bank (28243) in WAUKEGAN, IL as part of a government assisted transaction. | |
| 2014-12-06 | Acquired Great Lakes Bank, National Association (3610) in BLUE ISLAND, IL | |
| 2015-12-05 | Acquired The Peoples' Bank of Arlington Heights (35195) in ARLINGTON HEIGHTS, IL | |
| 2016-03-12 | Acquired The National Bank & Trust Company of Sycamore (10036) in SYCAMORE, IL | |
| 2017-02-04 | Acquired Standard Bank and Trust Company (16606) in HICKORY HILLS, IL | |
| 2018-05-07 | Moved bank headquarters from PALOS HEIGHTS, IL to CHICAGO, IL | |
| 2018-12-07 | Acquired Norstates Bank (18626) in WAUKEGAN, IL | |
| 2019-05-11 | Acquired Bridgeview Bank Group (21122) in BRIDGEVIEW, IL | |
| 2020-06-13 | Acquired Park Bank (26218) in MILWAUKEE, WI |