Lydian Private Bank

Status:Inactive as of 08/19/2011
 Absorption - Assisted
Successor Bank:Sabadell United Bank
Headquarters:Lydian Private Bank
180 Royal Palm Way
Palm Beach, FL 33480
Established:04/06/2000
FDIC Insurance:04/06/2000
FDIC Cert:#35356
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$1,700,117,000
Total Deposits:$1,253,835,000

History

2000-04-06Institution established: Original name:VIRTUALBANK
2002-06-28Changed name to Lydian Private Bank
2003-12-18Moved bank headquarters from PALM BEACH GARDENS, FL to PALM BEACH, FL
2011-07-21Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to COMPTROLLER OF THE CURRENCY
2011-08-19Failed. Acquired with government financial assistance and subsequently operated as part of Sabadell United Bank, National Association (21837)
2014-07-12Acquired JGB BANK, NATIONAL ASSOCIATION (17715) in DORAL, FL
2017-08-01Merged into and subsequently operated as part of Iberiabank (28100) in LAFAYETTE, LA
2018-03-24Acquired Gibraltar Private Bank & Trust Co. (32212) in CORAL GABLES, FL
2020-07-02Merged into and subsequently operated as part of First Horizon Bank (4977) in MEMPHIS, TN

Financial Information (2011-06-30 and Older)