Polk County Bank

Status:Inactive as of 11/18/2011
 Absorption - Assisted
Successor Bank:Grinnell State Bank
Headquarters:Polk County Bank
5601 Merle Hay Road
Johnston, IA 50131
Established:03/01/1903
FDIC Insurance:04/04/1934
FDIC Cert:#14194
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$91,580,000
Total Deposits:$81,967,000

History

1903-03-01Institution established: Original name:Polk City Savings Bank
1997-08-06Changed name to Polk County Bank
1997-12-03Moved bank headquarters from POLK CITY, IA to JOHNSTON, IA
2011-11-18Failed. Acquired with government financial assistance and subsequently operated as part of Grinnell State Bank (11347)

Financial Information (2011-09-30 and Older)