Appalachian Community Bank

Status:Inactive as of 03/19/2010
 Absorption - Assisted
Successor Bank:Community & Southern Bank
Headquarters:Appalachian Community Bank
829 Industrial Boulevard
Ellijay, GA 30540
Established:03/03/1995
FDIC Insurance:03/03/1995
FDIC Cert:#33989
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$1,010,075,000
Total Deposits:$917,575,000

History

1995-03-03Institution established: Original name:Gilmer County Bank
1996-08-09Reorganized.
2001-08-13Acquired Appalachian Community Bank (23684) in BLAIRSVILLE, GA
2001-08-13Changed name to Appalachian Community Bank
2010-03-19Failed. Acquired with government financial assistance and subsequently operated as part of Community & Southern Bank (59010)
2010-09-17Acquired The Peoples Bank (182) in WINDER, GA as part of a government assisted transaction.
2010-09-17Acquired First Commerce Community Bank (57448) in DOUGLASVILLE, GA as part of a government assisted transaction.
2010-09-17Acquired Bank of Ellijay (58197) in ELLIJAY, GA as part of a government assisted transaction.
2012-03-21Moved bank headquarters from ELLIJAY, GA to ATLANTA, GA
2012-07-20Acquired Georgia Trust Bank (57847) in BUFORD, GA as part of a government assisted transaction.
2012-07-20Acquired First Cherokee State Bank (32711) in WOODSTOCK, GA as part of a government assisted transaction.
2014-06-24Acquired Verity Bank (58711) in WINDER, GA
2014-07-18Acquired Eastside Commercial Bank (58125) in CONYERS, GA as part of a government assisted transaction.
2014-09-19Acquired Alliance National Bank (35173) in DALTON, GA
2015-05-08Acquired Community Business Bank (58624) in CUMMING, GA
2016-07-21Merged into and subsequently operated as part of Bank of the Ozarks (110) in LITTLE ROCK, AR
2016-07-22Acquired C1 Bank (34092) in SAINT PETERSBURG, FL
2018-07-16Changed name to Bank OZK (110)

Financial Information (2009-12-31 and Older)