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
1916-01-01 | Institution established: Original name:Peotone State Bank | |
1974-11-29 | Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED | |
1975-01-29 | Changed name to Peotone Bank and Trust Company | |
2010-04-23 | Failed. Acquired with government financial assistance and subsequently operated as part of First Midwest Bank (3709) | |
2010-08-13 | Acquired Palos Bank and Trust Company (17599) in PALOS HEIGHTS, IL as part of a government assisted transaction. | |
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 PEOTONE, 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 |