Nexity Bank

Status:Inactive as of 04/15/2011
 Absorption - Assisted
Successor Bank:AloStar Bank of Commerce
Headquarters:Nexity Bank
3680 Grandview Parkway, Suite 200
Birmingham, AL 35243
Established:02/22/1968
FDIC Insurance:02/22/1968
FDIC Cert:#19794
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$757,574,000
Total Deposits:$611,681,000

History

1968-02-22Institution established: Original name:Peoples State Bank
2000-01-05Changed name to Nexity Bank
2000-01-14Moved bank headquarters from GRANT, AL to BIRMINGHAM, AL
2004-01-12Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
2011-04-15Institution established: Original name:AloStar Bank of Commerce (59060)
2011-04-15Failed. Acquired with government financial assistance and subsequently operated as part of AloStar Bank of Commerce (59060)
2017-09-30Merged into and subsequently operated as part of State Bank and Trust Company (57870) in MACON, GA
2019-01-01Merged into and subsequently operated as part of Cadence Bank, N.A. (4999) in Atlanta, GA

Financial Information (2011-03-31 and Older)