Southern Community Bank and Trust
Status: | Inactive as of 10/11/2012 |
Merger - Without Assistance | |
Successor Bank: | Capital Bank Corporation |
Headquarters: | Southern Community Bank and Trust 4701 Country Club Road Winston Salem, NC 27104 |
Established: | 11/18/1996 |
FDIC Insurance: | 11/18/1996 |
FDIC Cert: | #34321 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $1,387,119,000 |
Total Deposits: | $1,093,350,000 |
History
1996-11-18 | Institution established: Original name:Southern Community Bank and Trust | |
1998-03-31 | Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED | |
2001-02-02 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2001-02-02 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2001-02-02 | Moved bank headquarters from WINSTON-SALEM, NC to WINSTON SALEM, NC | |
2004-10-18 | Acquired The Community Bank (26919) in PILOT MOUNTAIN, NC | |
2006-11-17 | Changed primary regulatory agency from FEDERAL RESERVE BOARD to FEDERAL DEPOSIT INSURANCE CORPORATION | |
2006-11-17 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2012-10-11 | Merged into and subsequently operated as part of Capital Bank, National Association (59049) in CORAL GABLES, FL | |
2015-11-17 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2015-11-17 | Changed organization type to COMMERCIAL BANK | |
2015-11-17 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2015-11-17 | Changed name to Capital Bank Corporation (59049) | |
2016-02-04 | Moved bank headquarters from CORAL GABLES, FL to RALEIGH, NC | |
2016-10-26 | Acquired Communityone Bank, National Association (4879) in ASHEBORO, NC | |
2017-11-30 | Merged into and subsequently operated as part of First Tennessee Bank, National Association (4977) in MEMPHIS, TN | |
2019-10-26 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2019-10-26 | Changed name to First Horizon Bank (4977) | |
2019-10-26 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2020-07-02 | Acquired Iberiabank (28100) in LAFAYETTE, LA |