Avery County Bank

Status:Inactive as of 10/20/2003
 Merger - Without Assistance
Successor Bank:First-Citizens Bank & Trust Company
Headquarters:Avery County Bank
Estatoa Street
Newland, NC 28657
Established:10/16/1913
FDIC Insurance:01/01/1934
FDIC Cert:#13191
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$71,822,000
Total Deposits:$54,351,000

History

1913-10-16Institution established: Original name:Avery County Bank
2003-10-20Merged into and subsequently operated as part of First-Citizens Bank & Trust Company (11063) in RALEIGH, NC
2006-06-15Acquired First-Citizens Bank, National Association (34453) in ROANOKE, VA
2009-07-17Acquired Temecula Valley Bank (34341) in TEMECULA, CA as part of a government assisted transaction.
2009-09-11Acquired Venture Bank (22868) in LACEY, WA as part of a government assisted transaction.
2010-01-29Acquired First Regional Bank (23011) in LOS ANGELES, CA as part of a government assisted transaction.
2010-03-05Acquired Sun American Bank (27126) in BOCA RATON, FL as part of a government assisted transaction.
2011-01-07Acquired IronStone Bank (34340) in FORT MYERS, FL
2011-01-21Acquired United Western Bank (31293) in DENVER, CO as part of a government assisted transaction.
2011-07-08Acquired Colorado Capital Bank (34522) in CASTLE ROCK, CO as part of a government assisted transaction.
2014-01-01Acquired Mountain 1st Bank & Trust Company (57763) in HENDERSONVILLE, NC
2015-01-01Acquired First Citizens Bank and Trust Company, Inc. (15504) in COLUMBIA, SC
2015-02-13Acquired Capitol City Bank & Trust Company (33938) in ATLANTA, GA as part of a government assisted transaction.
2016-03-11Acquired North Milwaukee State Bank (20364) in MILWAUKEE, WI as part of a government assisted transaction.
2016-05-06Acquired First CornerStone Bank (35312) in KING OF PRUSSIA, PA as part of a government assisted transaction.
2016-09-01Acquired Bank of Virginia (57627) in MIDLOTHIAN, VA
2017-01-13Acquired Harvest Community Bank (34951) in PENNSVILLE, NJ as part of a government assisted transaction.
2017-05-05Acquired Guaranty Bank (30003) in MILWAUKEE, WI as part of a government assisted transaction.
2018-04-30Acquired HomeBanc (58194) in TAMPA, FL
2018-10-02Acquired Securant Bank & Trust (12515) in MENOMONEE FALLS, WI
2018-11-01Acquired Palmetto Heritage Bank & Trust (57880) in PAWLEYS ISLAND, SC
2019-04-01Acquired Biscayne Bank (57973) in COCONUT GROVE, FL
2019-05-01Acquired First South Bank (34222) in SPARTANBURG, SC
2019-12-31Acquired Entegra Bank (31445) in Franklin, NC
2020-02-01Acquired Gwinnett Community Bank (35249) in DULUTH, GA

Financial Information (2003-09-30 and Older)