Summit Bank

Status:Inactive as of 09/01/2019
 Absorption - Without Assistance
Successor Bank:Cadence Bank
Headquarters:Summit Bank
11 W 23rd St. Suite A
Panama City, FL 32405
Established:04/08/2008
FDIC Insurance:04/08/2008
FDIC Cert:#58786
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$522,429,000
Total Deposits:$453,130,000

History

2008-04-08Institution established: Original name:Summit Bank, National Association
2011-12-16Acquired Premier Community Bank of the Emerald Coast (58343) in CRESTVIEW, FL as part of a government assisted transaction.
2019-09-01Merged into and subsequently operated as part of BancorpSouth Bank (11813) in TUPELO, MS
2019-09-01Acquired Texas Star Bank (5567) in VAN ALSTYNE, TX
2020-01-01Acquired Texas First State Bank (15300) in Riesel, TX

Financial Information (2019-06-30 and Older)