Bank of Granite

Status:Inactive as of 06/08/2013
 Merger - Without Assistance
Successor Bank:Communityone Bank
Headquarters:Bank of Granite
1017 East Morehead Street
Charlotte, NC 28201
Established:01/01/1906
FDIC Insurance:01/01/1934
FDIC Cert:#5950
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$666,954,000
Total Deposits:$599,277,000

History

1906-01-01Institution established: Original name:Bank of Granite
1985-03-29Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1987-05-29Reorganized.
2003-07-24Acquired First Commerce Bank (34215) in CHARLOTTE, NC
2012-08-31Moved bank headquarters from GRANITE FALLS, NC to CHARLOTTE, NC
2013-06-08Merged into and subsequently operated as part of Communityone Bank, National Association (4879) in ASHEBORO, NC
2016-10-26Merged into and subsequently operated as part of Capital Bank Corporation (59049) in RALEIGH, NC
2017-11-30Merged into and subsequently operated as part of First Tennessee Bank, National Association (4977) in MEMPHIS, TN
2019-10-26Changed name to First Horizon Bank (4977)
2019-10-26Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2019-10-26Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2020-07-02Acquired Iberiabank (28100) in LAFAYETTE, LA

Financial Information (2013-03-31 and Older)