Security Exchange Bank

Status:Inactive as of 06/15/2012
 Absorption - Assisted
Successor Bank:Fidelity Bank
Headquarters:Security Exchange Bank
833 South Cobb Drive
Marietta, GA 30060
Established:04/17/2000
FDIC Insurance:04/17/2000
FDIC Cert:#35299
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$150,962,000
Total Deposits:$147,896,000

History

2000-04-17Institution established: Original name:Security Exchange Bank
2008-01-31Reorganized.
2012-06-15Failed. Acquired with government financial assistance and subsequently operated as part of Fidelity Bank (21440)
2014-01-31Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2015-10-02Acquired The Bank of Georgia (35259) in PEACHTREE CITY, GA as part of a government assisted transaction.
2016-03-01Acquired American Enterprise Bank of Florida (57709) in JACKSONVILLE, FL
2019-07-01Merged into and subsequently operated as part of Ameris Bank (20504) in ATLANTA, GA

Financial Information (2012-03-31 and Older)