Southern Community Bank

Status:Inactive as of 05/01/2018
 Merger - Without Assistance
Successor Bank:SmartBank
Headquarters:Southern Community Bank
1400 North Jackson Street
Tullahoma, TN 37388
Established:11/28/2005
FDIC Insurance:11/28/2005
FDIC Cert:#58105
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$237,031,000
Total Deposits:$205,023,000

History

2005-11-28Institution established: Original name:The Bank of Tullahoma
2011-09-06Changed name to Southern Community Bank
2018-05-01Merged into and subsequently operated as part of SmartBank (58463) in PIGEON FORGE, TN
2018-11-01Acquired Foothills Bank & Trust (58591) in MARYVILLE, TN
2020-03-01Acquired Progressive Savings Bank (32021) in JAMESTOWN, TN
2021-09-01Acquired Sevier County BankSmartBank (10318) in SEVIERVILLE, TN.

Financial Information (2018-03-31 and Older)