First Bank & Trust

Status:Inactive as of 08/15/2015
 Merger - Without Assistance
Successor Bank:First Bank & Trust
Headquarters:First Bank & Trust
101 Second Street, N.W.
Pipestone, MN 56164
Established:02/28/1889
FDIC Insurance:01/01/1934
FDIC Cert:#5227
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$191,507,000
Total Deposits:$165,073,000

History

1889-02-28Institution established: Original name:The First National Bank of Pipestone
1986-09-18Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1995-09-01Changed name to The First National Bank and Trust
2004-02-06Acquired First National Bank of Luverne (4015) in LUVERNE, MN
2010-01-01Changed name to First Bank & Trust, National Association
2015-08-15Acquired First Bank & Trust of Milbank (26638) in MILBANK, SD
2015-08-15Merged into and subsequently operated as part of First Bank & Trust (3973) in BROOKINGS, SD
2017-12-02Acquired Peoples Bank of Commerce (10192) in CAMBRIDGE, MN
2017-12-02Acquired State Bank of New Prague (12921) in NEW PRAGUE, MN
2020-10-16Acquired First Bank & Trust (27078) in SIOUX FALLS, SD

Financial Information (2015-06-30 and Older)