Alpha Bank & Trust

Status:Inactive as of 10/24/2008
 Absorption - Assisted
Successor Bank:Stearns Bank
Headquarters:Alpha Bank & Trust
3651 Old Milton Pkwy
Alpharetta, GA 30005
Established:05/08/2006
FDIC Insurance:05/08/2006
FDIC Cert:#58241
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$354,090,000
Total Deposits:$344,231,000

History

2006-05-08Institution established: Original name:Alpha Bank & Trust
2008-10-24Failed. Acquired with government financial assistance and subsequently operated as part of Stearns Bank National Association (10988)
2009-06-26Acquired Horizon Bank (9744) in PINE CITY, MN as part of a government assisted transaction.
2009-08-07Acquired First State Bank (27364) in SARASOTA, FL as part of a government assisted transaction.
2009-08-07Acquired Community National Bank of Sarasota County (27183) in VENICE, FL as part of a government assisted transaction.
2009-08-21Acquired Ebank (34682) in ATLANTA, GA as part of a government assisted transaction.
2010-11-12Acquired Copper Star Bank (35463) in SCOTTSDALE, AZ as part of a government assisted transaction.
2012-03-23Acquired Covenant Bank & Trust (58068) in ROCK SPRING, GA as part of a government assisted transaction.
2012-07-27Acquired Jasper Banking Company (16240) in JASPER, GA as part of a government assisted transaction.
2012-10-19Acquired First East Side Savings Bank (28144) in TAMARAC, FL as part of a government assisted transaction.

Financial Information (2008-09-30 and Older)