The First State Bank

Status:Inactive as of 03/04/1987
 Absorption - Assisted
Successor Bank:First Security Bank and Trust Company
Headquarters:The First State Bank
211 West Main Avenue
Rockford, IA 50468
Established:01/01/1925
FDIC Insurance:01/01/1934
FDIC Cert:#9101
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$15,754,000
Total Deposits:$15,205,000

History

1925-01-01Institution established: Original name:The First State Bank
1987-03-04Failed. Acquired with government financial assistance and subsequently operated as part of First Security Bank and Trust Company (1852)
1988-01-20Acquired Aredale State Bank (14376) in AREDALE, IA
2009-11-07Acquired First State Bank (8093) in NORA SPRINGS, IA
2009-11-07Acquired First State Bank (4498) in RICEVILLE, IA
2015-12-07Acquired Hampton State Bank (13722) in HAMPTON, IA