Presque Isle Bank

Status:Inactive as of 09/28/1991
 Merger - Without Assistance
Successor Bank:North Bank
Headquarters:Presque Isle Bank
111 West Michigan Avenue
Rogers City, MI 49779
Established:12/18/1890
FDIC Insurance:10/05/1934
FDIC Cert:#14791
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$63,608,000
Total Deposits:$58,265,000

History

1890-12-18Institution established: Original name:The Presque Isle Bank
1971-01-01Changed name to Presque Isle Bank
1987-12-15Reorganized.
1987-12-31Acquired Hillman State Bank (16871) in HILLMAN, MI
1991-09-28Merged into and subsequently operated as part of Farmers and Merchants State Bank of Hale (17080) in HALE, MI
1992-10-31Changed name to North Bank (17080)
1992-10-31Reorganized.
1996-08-12Merged into and subsequently operated as part of Independent Bank (8180) in IONIA, MI
2001-09-14Merged into and subsequently operated as part of Independent Bank (27811) in BAY CITY, MI
2001-09-14Changed name to Independent Bank (27811)
2004-07-01Acquired First National Bank of Gaylord (22057) in GAYLORD, MI
2004-09-08Change trust powers from TRUST POWERS NOT GRANTED to TRUST POWERS TERMINATED
2007-09-15Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2007-09-15Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2007-09-15Acquired Independent Bank East Michigan (12732) in TROY, MI
2007-09-15Acquired Independent Bank - South Michigan (13930) in EAST LANSING, MI
2007-09-15Acquired Independent Bank-West Michigan (22094) in GRAND RAPIDS, MI
2015-04-20Moved bank headquarters from IONIA, MI to GRAND RAPIDS, MI
2018-04-01Acquired Traverse City State Bank (35350) in TRAVERSE CITY, MI