Metro Bank of Dade County

Status:Inactive as of 07/16/2010
 Absorption - Assisted
Successor Bank:Capital Bank Corporation
Headquarters:Metro Bank of Dade County
9350 South Dixie Highway
Miami, FL 33156
Established:06/05/1984
FDIC Insurance:06/05/1984
FDIC Cert:#25172
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$399,441,000
Total Deposits:$375,522,000

History

1984-06-05Institution established: Original name:Metro Bank of Dade County
1988-11-28Moved bank headquarters from MIAMI, FL to CORAL GABLES, FL
1997-05-05Reorganized.
1998-04-27Moved bank headquarters from CORAL GABLES, FL to MIAMI, FL
2010-07-16Failed. Acquired with government financial assistance and subsequently operated as part of NAFH National Bank (59049)
2010-07-16Acquired Turnberry Bank (32280) in AVENTURA, FL as part of a government assisted transaction.
2010-07-16Acquired First National Bank of the South (35383) in SPARTANBURG, SC as part of a government assisted transaction.
2010-07-16Institution established: Original name:NAFH National Bank (59049)
2011-04-30Acquired TIB Bank (21435) in NAPLES, FL
2011-06-30Acquired Capital Bank (34452) in RALEIGH, NC
2011-06-30Changed name to Capital Bank, National Association (59049)
2011-09-08Acquired GreenBank (895) in GREENEVILLE, TN
2011-12-09Moved bank headquarters from MIAMI, FL to CORAL GABLES, FL
2012-10-11Acquired Southern Community Bank and Trust (34321) in WINSTON SALEM, NC
2015-11-17Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2015-11-17Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2015-11-17Changed organization type to COMMERCIAL BANK
2015-11-17Changed name to Capital Bank Corporation (59049)
2015-11-17Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION
2016-02-04Moved bank headquarters from CORAL GABLES, FL to RALEIGH, NC
2016-10-26Acquired Communityone Bank, National Association (4879) in ASHEBORO, NC
2017-11-30Merged into and subsequently operated as part of First Tennessee Bank, National Association (4977) in MEMPHIS, TN
2019-10-26Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2019-10-26Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2019-10-26Changed name to First Horizon Bank (4977)
2020-07-02Acquired Iberiabank (28100) in LAFAYETTE, LA

Financial Information (2010-06-30 and Older)