Bank of Hiawassee

Status:Inactive as of 03/19/2010
 Absorption - Assisted
Successor Bank:Citizens South Bank
Headquarters:Bank of Hiawassee
20 Main Street
Hiawassee, GA 30546
Established:07/21/1909
FDIC Insurance:01/01/1934
FDIC Cert:#10054
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$377,779,000
Total Deposits:$339,597,000

History

1909-07-21Institution established: Original name:Bank of Hiawassee
1995-10-12Reorganized.
2010-03-19Failed. Acquired with government financial assistance and subsequently operated as part of Citizens South Bank (28833)
2011-04-15Acquired New Horizons Bank (57705) in EAST ELLIJAY, GA as part of a government assisted transaction.
2011-07-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
2012-10-10Merged into and subsequently operated as part of Park Sterling Bank (58408) in CHARLOTTE, NC
2014-05-01Acquired Provident Community Bank, National Association (28997) in ROCK HILL, SC
2016-01-01Acquired First Capital Bank (34802) in GLEN ALLEN, VA
2017-11-30Merged into and subsequently operated as part of South State Bank (13425) in COLUMBIA, SC
2020-06-08Changed name to South State Bank, National Association (33555)
2020-06-08Merged into and subsequently operated as part of South State Bank, National Association (33555) in Winter Haven, FL

Financial Information (2009-12-31 and Older)