Merchants Bank of Alabama

Status:Inactive as of 01/05/2022
 Merger - Without Assistance
Successor Bank:SouthPoint Bank
Headquarters:Merchants Bank of Alabama
900 2nd Ave Sw
Cullman, AL 35055
Established:01/01/1907
FDIC Insurance:01/01/1934
FDIC Cert:#46
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$382,952,000
Total Deposits:$345,793,000

History

1907-01-01Institution established: Original name:The Merchants Bank
1970-11-17Changed name to Merchants Bank
2006-05-24Moved bank headquarters from HANCEVILLE, AL to CULLMAN, AL
2006-06-19Changed name to Merchants Bank of Alabama
2022-01-05Merged into and subsequently operated as part of SouthPoint Bank (58088)

Financial Information (2021-12-31 and Older)