Ranchers Banks

Status:Inactive as of 01/11/2006
 Merger - Without Assistance
Successor Bank:First Community Bank
Headquarters:Ranchers Banks
620 West Reinken Avenue
Belen, NM 87002
Established:06/07/1961
FDIC Insurance:06/07/1961
FDIC Cert:#18386
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$107,096,000
Total Deposits:$90,513,000

History

1961-06-07Institution established: Original name:Ranchers State Bank
1989-02-28Reorganized.
1994-10-17Changed name to Ranchers Banks
2006-01-11Merged into and subsequently operated as part of First Community Bank (12261) in TAOS, NM
2007-03-01Acquired Heritage Bank (90579) in LOUISVILLE, CO
2011-01-28Failed. Acquired with government financial assistance and subsequently operated as part of U.S. Bank National Association (6548)
2011-12-31Reorganized.
2012-01-27Acquired BankEast (19869) in KNOXVILLE, TN as part of a government assisted transaction.
2012-11-12Reorganized.
2013-05-13Acquired U.S. Bank National Association ND (34590) in FARGO, ND

Financial Information (2005-12-31 and Older)