SCB Bank

Status:Inactive as of 02/10/2012
 Absorption - Assisted
Successor Bank:First Merchants Bank
Headquarters:SCB Bank
29 E Washington Street
Shelbyville, IN 46176
Established:01/01/1891
FDIC Insurance:08/09/1989
FDIC Cert:#29761
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$182,561,000
Total Deposits:$171,365,000

History

1891-01-01Institution established: Original name:First Federal Savings and Loan Association of Shelbyville
1988-12-31Changed organization type to MUTUAL SAVINGS BANK
1991-12-31Changed name to Shelby County Savings Bank, FSB
1991-12-31Changed organization type to STOCK SAVINGS BANK
1998-06-26Changed name to Shelby County Bank
2007-07-20Changed name to SCB Bank
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2012-02-10Failed. Acquired with government financial assistance and subsequently operated as part of First Merchants Bank National Association (4365)
2013-11-13Acquired Citizens Financial Bank (29367) in MUNSTER, IN
2014-11-08Acquired Community Bank (13147) in NOBLESVILLE, IN
2015-04-17Acquired Cooper State Bank (58041) in DUBLIN, OH
2015-12-31Acquired Ameriana Bank (29031) in NEW CASTLE, IN
2016-04-15Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2016-04-15Changed name to First Merchants Bank (4365)
2016-04-15Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2017-05-19Acquired The Arlington Bank (34977) in UPPER ARLINGTON, OH
2017-07-14Acquired IAB Financial Bank (16400) in FORT WAYNE, IN
2019-09-01Acquired Monroe Bank & Trust (12181) in MONROE, MI

Financial Information (2011-12-31 and Older)