American State Bank was a state nonmember bank in Bradley, IL. It failed on Feb 12, 1983, and Midwest T&SB Of Bradley took over its deposits. At its last report it held $14.1 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- Feb 12, 1983
- Assets
- $14.1M
- Deposits
- $13.8M
- Estimated cost
- $1.2M
- Deposits went to
- Midwest T&SB Of Bradley, Bradley, IL
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- Route 50 North At North Streeet, Bradley, IL, 60915
- County
- Kankakee
- Established
- Jun 22, 1979
- Failed
- Feb 14, 1983
- Id
- b22880
Related pages
Questions and answers
When did American State Bank fail?
Feb 12, 1983. Midwest T&SB Of Bradley of Bradley, IL took over its deposits. The estimated cost of the failure was $1.15 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.