Stockholm State Bank
| Status: | Inactive as of 03/27/1986 |
| Absorption - Assisted | |
| Successor Bank: | First Bank & Trust of Milbank |
| Headquarters: | Stockholm State Bank Main Street Stockholm, SD 57264 |
| Established: | 05/08/1907 |
| FDIC Insurance: | 01/01/1934 |
| FDIC Cert: | #9951 |
| Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
| Total Assets: | $7,154,000 |
| Total Deposits: | $6,644,000 |
History
| 1907-05-08 | Institution established: Original name:Stockholm State Bank | |
| 1986-03-27 | Institution established: Original name:Community State Bank of Stockholm (26638) | |
| 1986-03-27 | Failed. Acquired with government financial assistance and subsequently operated as part of Community State Bank of Stockholm (26638) | |
| 1994-09-15 | Changed name to Community State Bank (26638) | |
| 1996-08-12 | Moved bank headquarters from STOCKHOLM, SD to MILBANK, SD | |
| 2006-06-02 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
| 2006-09-01 | Changed name to First Bank & Trust of Milbank (26638) | |
| 2015-08-15 | Acquired First Bank & Trust, National Association (5227) in PIPESTONE, MN | |
| 2015-08-15 | Acquired First Bank & Trust of Milbank (26638) in MILBANK, SD | |
| 2015-08-15 | Merged into and subsequently operated as part of First Bank & Trust (3973) in BROOKINGS, SD | |
| 2017-12-02 | Acquired Peoples Bank of Commerce (10192) in CAMBRIDGE, MN | |
| 2017-12-02 | Acquired State Bank of New Prague (12921) in NEW PRAGUE, MN | |
| 2020-10-16 | Acquired First Bank & Trust (27078) in SIOUX FALLS, SD |