Atlantic Southern Bank
Status: | Inactive as of 05/20/2011 |
Absorption - Assisted | |
Successor Bank: | CertusBank |
Headquarters: | Atlantic Southern Bank 4077 Forsyth Road Macon, GA 31210 |
Established: | 12/10/2001 |
FDIC Insurance: | 12/10/2001 |
FDIC Cert: | #57213 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $741,855,000 |
Total Deposits: | $707,643,000 |
History
2001-12-10 | Institution established: Original name:New Southern Bank | |
2005-07-11 | Changed name to Atlantic Southern Bank | |
2006-12-15 | Acquired Sapelo National Bank (34235) in DARIEN, GA | |
2007-01-31 | Acquired First Community Bank of Georgia (34580) in ROBERTA, GA | |
2007-12-01 | Acquired CenterState Bank Mid Florida (57334) in LEESBURG, FL | |
2011-05-20 | Acquired First Georgia Banking Company (57647) in FRANKLIN, GA as part of a government assisted transaction. | |
2011-05-20 | Failed. Acquired with government financial assistance and subsequently operated as part of CertusBank, National Association (59028) | |
2012-11-16 | Acquired Hometown Community Bank (57928) in BRASELTON, GA as part of a government assisted transaction. | |
2012-12-10 | Reorganized. | |
2013-02-07 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
2013-04-26 | Acquired Parkway Bank (57158) in LENOIR, NC as part of a government assisted transaction. | |
2015-10-23 | Voluntarily relinquished FDIC insurance | |
2015-10-23 | Changed institution class to NONINSURED COMMERCIAL INSTITUTIONS | |
2015-11-02 | Closed voluntarily and liquidated its assets. |