# PREMIER BANK

> **Failed bank** · WILMETTE, IL · failed 2012-03-23 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $69M

## What happened

PREMIER BANK of WILMETTE, IL was closed by regulators on **2012-03-23**. The FDIC was named receiver.

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

Deposits were transferred to **INTERNATIONAL BANK OF CHICAGO** (CHICAGO, IL). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3996
- **FDIC Certificate:** 35419
- **FDIC FIN:** 10431
- **Bank name:** PREMIER BANK
- **Location:** WILMETTE, IL
- **Failure date:** 2012-03-23
- **FDIC resolution date:** 2012-03-23
- **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:** $69M
- **Deposits at failure:** $199M
- **Assets at failure:** $269M
- **Acquiring bank:** INTERNATIONAL BANK OF CHICAGO (CHICAGO, IL)

## Other banks INTERNATIONAL BANK OF CHICAGO has acquired in FDIC resolutions

- ALL AMERICAN BANK (DES PLAINES, IL) — failed 2011-10-28 — /failed-bank/3975

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=PREMIER%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PREMIER BANK (FDIC ID 3996), failed 2012-03-23. Retrieved via AI Analytics 2026-07-10 from https://api.ai-analytics.org/failed-bank/3996.

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