Forest Commercial Bank

Status:Inactive as of 04/04/2014
 Merger - Without Assistance
Successor Bank:Carolina Alliance Bank
Headquarters:Forest Commercial Bank
1127 Hendersonville Road
Asheville, NC 28803
Established:03/05/2008
FDIC Insurance:03/05/2008
FDIC Cert:#58693
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$157,120,000
Total Deposits:$129,557,000

History

2008-03-05Institution established: Original name:Forest Commercial Bank
2012-08-17Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2012-08-17Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2014-04-04Merged into and subsequently operated as part of Carolina Alliance Bank (58432) in SPARTANBURG, SC
2015-10-03Acquired Pinnacle Bank of South Carolina (58179) in GREENVILLE, SC
2019-04-01Merged into and subsequently operated as part of The Park National Bank (6653) in NEWARK, OH

Financial Information (2014-03-31 and Older)