BranchWatch

Premier Bank

This institution is no longer FDIC-active (merged, renamed, or closed). FDIC certificate #29845.

Total assets
Deposits
$6.9B
Q4 2024
Active branches
Closings since Jan 2020
8
3 openings since Jan 2020

Financial snapshot — Q4 2024

All quarters
Net income (quarter)
$21M
Return on assets
0.87%
Return on equity
7.30%
Noncurrent loan rate
1.24%

Deposits by year (Summary of Deposits)

3
2019
6
2020
6
2021
7
2022
7
2023
7
2024

Values in $ billions, June 30 of each year.

Closings by year

1
2020
3
2021
1
2022
3
2024

Openings by year

1
2020
1
2023
1
2024

Other network changes since 2020

  • 2 branch relocations
  • 35 branches acquired through purchases or mergers
  • June 19, 2020: legal name changed from “First Federal Bank of the Midwest” to “Premier Bank”

Recent closings

All figures transcribed from FDIC BankFind Suite records: structure-change history, quarterly financial reports and the annual Summary of Deposits.