Piedmont Bank

Status:Inactive as of 07/31/2002
 Merger - Without Assistance
Successor Bank:Yadkin Bank
Headquarters:Piedmont Bank
325 East Front Street
Statesville, NC 28677
Established:07/01/1997
FDIC Insurance:07/01/1997
FDIC Cert:#34437
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$244,584,000
Total Deposits:$209,204,000

History

1997-07-01Institution established: Original name:Piedmont Bank
2002-01-01Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2002-01-01Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2002-07-31Merged into and subsequently operated as part of Yadkin Valley Bank and Trust Company (19861) in ELKIN, NC
2004-01-01Acquired High Country Bank (34865) in BOONE, NC
2008-03-31Acquired Cardinal State Bank (57172) in DURHAM, NC
2009-04-17Acquired American Community Bank (34868) in MONROE, NC
2013-05-28Changed name to Yadkin Bank (19861)
2014-07-04Moved bank headquarters from ELKIN, NC to STATESVILLE, NC
2014-07-04Acquired Vantagesouth Bank (35006) in CARY, NC
2016-01-28Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2016-03-01Acquired NewBridge Bank (16799) in GREENSBORO, NC
2017-03-11Merged into and subsequently operated as part of First National Bank of Pennsylvania (7888) in GREENVILLE, PA

Financial Information (2001-12-31 and Older)