Pine Island Bank

Status:Inactive as of 09/17/2022
 Merger - Without Assistance
Successor Bank:Frandsen Bank & Trust
Headquarters:Pine Island Bank
128 S Main St
Pine Island, MN 55963
Established:07/27/1931
FDIC Insurance:01/01/1934
FDIC Cert:#12193
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$156,508,000
Total Deposits:$129,339,000

History

1931-07-27Institution established: Original name:The Security State Bank of Pine Island
2003-05-09Changed name to Pine Island Bank
2022-09-17Merged into and subsequently operated as part of Frandsen Bank & Trust (1399)

Financial Information (2022-06-30 and Older)