Rowan Savings Bank, SSB, Inc.

Status:Inactive as of 11/30/2004
 Merger - Without Assistance
Successor Bank:Communityone Bank
Headquarters:Rowan Savings Bank, SSB, Inc.
200 North Main Street
China Grove, NC 28023
Established:05/17/1905
FDIC Insurance:08/09/1989
FDIC Cert:#32355
Charter Class:
Total Assets:$164,409,000
Total Deposits:$120,922,000

History

1905-05-17Institution established: Original name:Rowan County Savings and Loan Association
1988-03-31Changed name to Rowan Federal Savings and Loan Association
1992-12-22Changed name to Rowan Savings Bank, SSB
1992-12-22Changed organization type to MUTUAL SAVINGS BANK
1993-06-02Changed organization type to STOCK SAVINGS BANK
1993-06-02Changed name to Rowan Savings Bank, SSB, Inc.
1996-07-11Reorganized.
2004-11-30Merged into and subsequently operated as part of First National Bank and Trust Company (4879) in ASHEBORO, NC
2006-02-01Acquired Alamance Bank (34676) in GRAHAM, NC
2006-08-01Acquired First Gaston Bank of North Carolina (34041) in GASTONIA, NC
2007-06-04Changed name to Communityone Bank, National Association (4879)
2013-06-08Acquired Bank of Granite (5950) in CHARLOTTE, NC
2016-10-26Merged into and subsequently operated as part of Capital Bank Corporation (59049) in RALEIGH, 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 OFFICE OF THRIFT SUPERVISION 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 (2004-09-30 and Older)