# ALLEN COUNTY BANK AND TRUST COMPANY

> **Failed bank** · LEO, IN · failed 1985-11-22 · State commercial bank, non-Federal Reserve member (FDIC-supervised)

## What happened

ALLEN COUNTY BANK AND TRUST COMPANY of LEO, IN was closed by regulators on **1985-11-22**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **INDIANA NATIONAL BANK** (INDIANAPOLIS, IN). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 1103
- **FDIC Certificate:** 20533
- **FDIC FIN:** 2518
- **Bank name:** ALLEN COUNTY BANK AND TRUST COMPANY
- **Location:** LEO, IN
- **Failure date:** 1985-11-22
- **FDIC resolution date:** 1985-11-22
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $0M
- **Deposits at failure:** $11M
- **Assets at failure:** $11M
- **Acquiring bank:** INDIANA NATIONAL BANK (INDIANAPOLIS, IN)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=ALLEN%20COUNTY%20BANK%20AND%20TRUST%20COMPANY

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, ALLEN COUNTY BANK AND TRUST COMPANY (FDIC ID 1103), failed 1985-11-22. Retrieved via AI Analytics 2026-07-12 from https://api.ai-analytics.org/failed-bank/1103.

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