Atlantic Bank

Status:Inactive as of 10/11/2003
 Merger - Without Assistance
Successor Bank:Truist Bank
Headquarters:Atlantic Bank
4604 Coastal Highway
Ocean City, MD 21842
Established:06/24/1974
FDIC Insurance:06/24/1974
FDIC Cert:#21641
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$294,769,000
Total Deposits:$212,616,000

History

1974-06-24Institution established: Original name:Atlantic National Bank
1985-04-01Reorganized.
1994-12-29Changed name to Atlantic Bank
1994-12-29Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD
2003-10-11Merged into and subsequently operated as part of Branch Banking and Trust Company (9846) in WINSTON SALEM, NC
2003-10-11Acquired Farmers Bank of Maryland (4821) in ANNAPOLIS, MD
2004-06-11Acquired Republic Bank (21350) in SAINT PETERSBURG, FL
2006-09-16Acquired Main Street Bank (9243) in COVINGTON, GA
2006-11-11Acquired The Home Bank (10303) in DUCKTOWN, TN
2006-11-11Acquired The Home Bank of Tennessee (34192) in MARYVILLE, TN
2006-11-11Acquired The Bank/First Citizens Bank (21498) in CLEVELAND, TN
2006-12-31Acquired Branch Banking and Trust Company of South Carolina (21098) in GREENVILLE, SC
2006-12-31Acquired Branch Banking and Trust Company of Virginia (22584) in RICHMOND, VA
2007-08-18Acquired Coastal Federal Bank (30683) in MYRTLE BEACH, SC
2008-12-12Acquired Haven Trust Bank (35379) in DULUTH, GA as part of a government assisted transaction.
2009-08-14Acquired Colonial Bank (9609) in MONTGOMERY, AL as part of a government assisted transaction.
2012-08-02Acquired BankAtlantic (30559) in FORT LAUDERDALE, FL
2013-01-01Reorganized.
2013-01-01Acquired BB&T Financial, FSB (34780) in COLUMBUS, GA
2013-05-01Reorganized.
2015-06-19Acquired The Bank of Kentucky, Inc. (33022) in CRESTVIEW HILLS, KY
2015-08-01Acquired Semper Trust Company (33308) in KING OF PRUSSIA, PA
2015-08-01Acquired Susquehanna Bank (7579) in LITITZ, PA
2015-08-01Acquired Susquehanna Trust & Investment Company (35359) in LANCASTER, PA
2016-04-01Acquired National Penn Bank (7414) in ALLENTOWN, PA
2019-12-07Changed name to Truist Bank (9846)
2019-12-07Moved bank headquarters from WINSTON SALEM, NC to CHARLOTTE, NC
2019-12-07Acquired SunTrust Bank (867) in ATLANTA, GA

Financial Information (2003-09-30 and Older)