SterlingSouth Bank & Trust Company

Status:Inactive as of 07/21/2006
 Merger - Without Assistance
Successor Bank:Bank of North Carolina
Headquarters:SterlingSouth Bank & Trust Company
1110 Dover Road
Greensboro, NC 27404
Established:10/16/2000
FDIC Insurance:10/16/2000
FDIC Cert:#35570
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$168,931,000
Total Deposits:$138,751,000

History

2000-10-16Institution established: Original name:SterlingSouth Bank & Trust Company
2006-07-21Merged into and subsequently operated as part of Bank of North Carolina (33527) in THOMASVILLE, NC
2010-04-09Acquired Beach First National Bank (34242) in MYRTLE BEACH, SC as part of a government assisted transaction.
2011-10-14Acquired Blue Ridge Savings Bank, Inc. (32347) in ASHEVILLE, NC as part of a government assisted transaction.
2011-12-31Acquired Regent Bank (58873) in GREENVILLE, SC
2012-06-08Acquired Carolina Federal Savings Bank (35372) in CHARLESTON, SC as part of a government assisted transaction.
2012-09-14Acquired KeySource Commercial Bank (58475) in DURHAM, NC
2012-11-30Acquired First Trust Bank (34864) in CHARLOTTE, NC
2013-10-01Acquired Randolph Bank & Trust Company (22746) in ASHEBORO, NC
2014-04-01Acquired Home Savings Bank of Albemarle, SSB (30668) in ALBEMARLE, NC
2014-06-01Acquired Harrington Bank, FSB (57262) in CHAPEL HILL, NC
2014-12-01Acquired Harbor National Bank (58219) in CHARLESTON, SC
2015-07-01Acquired Valley Bank (34019) in ROANOKE, VA
2016-06-17Acquired SouthCoast Community Bank (34774) in MOUNT PLEASANT, SC
2016-09-30Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2016-11-01Acquired High Point Bank and Trust Company (12267) in HIGH POINT, NC
2017-06-16Merged into and subsequently operated as part of Pinnacle Bank (35583) in NASHVILLE, TN

Financial Information (2006-06-30 and Older)