O'Fallon Bank Robbery Suspect Charged, Remanded to Federal Custody

The man accused of robbing the First National Bank of Waterloo in O’Fallon, Illinois, on September 6th is now in federal custody, the United States Attorney for the Southern District of Illinois, Steven D. Weinhoeft, announced today. Daryl A. Smith, 48, of Cahokia, Illinois, was arrested at a friend’s home on Tuesday based upon a federal complaint and arrest warrant issued on September 11.

Earlier today, a federal grand jury in East St. Louis, Illinois, returned a one-count indictment charging Smith with the bank robbery. If convicted, Smith faces a maximum term of 20 years imprisonment.

An indictment is a formal charge against a defendant. Under the law, that charge is merely an accusation and the defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt.

Smith made his initial appearance at the federal courthouse in East St. Louis this morning and pleaded not guilty. He was ordered detained until trial, which is currently set to begin on November 5.

The investigation was conducted by the O’Fallon Police Department and the Federal Bureau of Investigation.