Minnesota – Pine – Pine City
(NM) Commercial bank, state charter and Fed nonmember
inactive
Minnesota
Pine
Pine City
(NM) Commercial bank, state charter and Fed nonmember
inactive
9744
1915
FDIC Certificate Number: 9744
FDIC's unique number: 6232
The FDIC Field Office where an institution is physically located: Minneapolis
Federal Reserve ID Number: 89452
Report Date: 2009-03-31
Bank Charter Class: NM
The date of the last data update: 2009-06-29
1915-06-01 Institution established. Original name: Kerrick State Bank.
1979-10-01 Moved bank headquarters from Kerrick, Minnesota to Pine City, Minnesota.
1979-10-01 Changed name to Pine City State Bank .
2006-06-01 Changed name to Horizon Bank .
2009-06-26 Merged with government financial assistance and subsequently operated as part of Stearns Bank National Association in Saint Cloud, Minnesota.
2009-06-26 FDIC closing information for
Horizon Bank : http://www.fdic.gov/bank/individual/failed/horizon.html.
2009-08-07 Acquired First State Bank in Sarasota, Florida as part of a government assisted transaction.
2009-08-21 Acquired Ebank in Atlanta, Georgia as part of a government assisted transaction.
2010-11-12 Acquired Copper Star Bank in Scottsdale, Arizona as part of a government assisted transaction.
Total assets: $84,763,000
Total deposits: $69,254,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-10294