Cardinal State Bank

Status:Inactive as of 03/31/2008
 Merger - Without Assistance
Successor Bank:Yadkin Bank
Headquarters:Cardinal State Bank
3400 Westgate Drive
Durham, NC 27707
Established:06/27/2001
FDIC Insurance:06/27/2001
FDIC Cert:#57172
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$198,093,000
Total Deposits:$170,082,000

History

2001-06-27Institution established: Original name:Cardinal State Bank
2008-03-31Merged into and subsequently operated as part of Yadkin Valley Bank and Trust Company (19861) in ELKIN, NC
2009-04-17Acquired American Community Bank (34868) in MONROE, NC
2013-05-28Changed name to Yadkin Bank (19861)
2014-07-04Moved bank headquarters from ELKIN, NC to STATESVILLE, NC
2014-07-04Acquired Vantagesouth Bank (35006) in CARY, NC
2016-01-28Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2016-03-01Acquired NewBridge Bank (16799) in GREENSBORO, NC
2017-03-11Merged into and subsequently operated as part of First National Bank of Pennsylvania (7888) in GREENVILLE, PA

Financial Information (2007-12-31 and Older)