State Bank of Lucan

Status:Inactive as of 12/31/2011
 Merger - Without Assistance
Successor Bank:First Independent Bank
Headquarters:State Bank of Lucan
106 Main Street
Lucan, MN 56255
Established:05/05/1936
FDIC Insurance:04/29/1942
FDIC Cert:#15890
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$41,119,000
Total Deposits:$36,069,000

History

1936-05-05Institution established: Original name:State Bank of Lucan
2011-12-31Merged into and subsequently operated as part of First Independent Bank (1900) in RUSSELL, MN
2013-03-16Acquired The Buffalo Ridge Bank (8219) in BEARDSLEY, MN
2021-12-10Acquired United Southwest BankFirst Independent Bank (10208) in COTTONWOOD, MN.
2022-05-28Acquired Citizens State Bank of Tyler, IncorporatedFirst Independent Bank (10582) in TYLER, MN.

Financial Information (2011-09-30 and Older)