by - October 31, 2014 2:50 pm
The Federal Deposit Insurance Corp. lifted that consent order against Decatur State Bank in September, according to a filing which was made public Friday (Oct. 31.). Decatur State Bank was…
by - December 8, 2012 12:21 pm
On Friday (Dec. 7) Chambers Bank, largely owned by veteran banker John Chambers of Danville, purchased Peterson Holding Company and 100% of Decatur State Bank. "The regulators have said they…
by - October 31, 2012 9:07 pm
The Decatur State Bank is short roughly $10 million of the capital it needs to regain compliance with a federal enforcement action. The bank has little wiggle room for future…
by - September 17, 2012 11:35 am
A deal between Mathias Bancshares and Peterson Holding Company that would have transferred ownership of Decatur State Bank was recently nixed by federal regulators. Larry Olson, spokesman for Mathias Bancshares…
by - April 24, 2012 6:53 pm
Time was ticking down for Decatur State Bank to raise approximately $12 million in needed capital or marry a suitor to shore up the bank’s wobbly balance sheets resulting from…
