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FDIC Enforcement Decisions and Orders
In the Matter of
The Federal Deposit Insurance Corporation ("FDIC") hereby
issues this ORDER TERMINATING THE ORDER TO CEASE AND DESIST
("TERMINATION ORDER"), terminating all provisions of the Order to
Cease and Desist issued on April 28, 2005, against American State Bank,
Indiana ("Bank"), pursuant to section 8(b) of the Federal Deposit Insurance Act, 12 U.S.C. §1818(b).
In support of this TERMINATION ORDER, the FDIC finds that the Bank ceased to exist as a legal entity as of the close of business on June 10, 2005 by virtue of a merger with and into Peoples Community Bank, West Chester, Ohio, with Peoples Community Bank being the surviving institution.
IT IS HEREBY ORDERED, that the Order to Cease and Desist issued on April 28, 2005 against the Bank be, and hereby is, terminated.
Pursuant to delegated authority.
Dated this 29th day of June, 2005.
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