Peotone Bank and Trust Company

Status:Inactive as of 04/23/2010
 Absorption - Assisted
Successor Bank:First Midwest Bank
Headquarters:Peotone Bank and Trust Company
200 West Corning Avenue
Peotone, IL 60468
Established:01/01/1916
FDIC Insurance:01/01/1934
FDIC Cert:#10888
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$130,165,000
Total Deposits:$124,676,000

History

1916-01-01Institution established: Original name:Peotone State Bank
1974-11-29Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED
1975-01-29Changed name to Peotone Bank and Trust Company
2010-04-23Failed. Acquired with government financial assistance and subsequently operated as part of First Midwest Bank (3709)
2010-08-13Acquired Palos Bank and Trust Company (17599) in PALOS HEIGHTS, IL as part of a government assisted transaction.
2012-08-03Acquired Waukegan Savings Bank (28243) in WAUKEGAN, IL as part of a government assisted transaction.
2014-12-06Acquired Great Lakes Bank, National Association (3610) in BLUE ISLAND, IL
2015-12-05Acquired The Peoples' Bank of Arlington Heights (35195) in ARLINGTON HEIGHTS, IL
2016-03-12Acquired The National Bank & Trust Company of Sycamore (10036) in SYCAMORE, IL
2017-02-04Acquired Standard Bank and Trust Company (16606) in HICKORY HILLS, IL
2018-05-07Moved bank headquarters from PEOTONE, IL to CHICAGO, IL
2018-12-07Acquired Norstates Bank (18626) in WAUKEGAN, IL
2019-05-11Acquired Bridgeview Bank Group (21122) in BRIDGEVIEW, IL
2020-06-13Acquired Park Bank (26218) in MILWAUKEE, WI

Financial Information (2010-03-31 and Older)