Southcrest Bank

Status:Inactive as of 02/28/2014
 Merger - Without Assistance
Successor Bank:Southcrest Bank
Headquarters:Southcrest Bank
108 South Church Street
Thomaston, GA 30286
Established:10/01/1951
FDIC Insurance:10/01/1951
FDIC Cert:#17041
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$285,136,000
Total Deposits:$259,102,000

History

1951-10-01Institution established: Original name:Bank of Upson
1997-02-07Reorganized.
1997-05-30Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
2010-03-19Acquired Century Security Bank (58104) in DULUTH, GA as part of a government assisted transaction.
2012-08-27Changed name to Southcrest Bank
2014-02-28Changed name to Southcrest Bank, National Association (2124)
2014-02-28Acquired Southcrest Bank in THOMASTON, GA
2014-02-28Acquired Peachtree Bank (68) in MAPLESVILLE, AL
2014-02-28Acquired Bank of Chickamauga (5713) in CHICKAMAUGA, GA
2014-02-28Merged into and subsequently operated as part of Southcrest Bank, National Association (2124) in TYRONE, GA
2017-05-30Moved bank headquarters from TYRONE, GA to ATLANTA, GA
2021-08-01Merged into and subsequently operated as part of Colony Bank (22257)

Financial Information (2013-12-31 and Older)