CapitalSouth Bank

Status:Inactive as of 08/21/2009
 Absorption - Assisted
Successor Bank:Iberiabank
Headquarters:CapitalSouth Bank
2340 Woodcrest Place
Birmingham, AL 35209
Established:10/01/1975
FDIC Insurance:10/01/1975
FDIC Cert:#22130
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$586,586,000
Total Deposits:$539,422,000

History

1975-10-01Institution established: Original name:Citibanc of Alabama, Fultondale, Alabama
1984-06-20Changed name to Bank of Alabama
1994-12-01Moved bank headquarters from FULTONDALE, AL to BIRMINGHAM, AL
2005-09-30Changed name to CapitalSouth Bank
2006-11-03Acquired Capital Bank (57178) in MONTGOMERY, AL
2007-09-15Acquired Monticello Bank (32472) in JACKSONVILLE, FL
2009-08-21Failed. Acquired with government financial assistance and subsequently operated as part of Iberiabank (28100)
2009-11-13Acquired Orion Bank (22427) in NAPLES, FL as part of a government assisted transaction.
2009-11-13Acquired Century Bank, a Federal Savings Bank (32267) in SARASOTA, FL as part of a government assisted transaction.
2010-07-23Acquired Sterling Bank (32536) in LANTANA, FL as part of a government assisted transaction.
2011-01-01Acquired IBERIABANK fsb (33538) in LITTLE ROCK, AR
2011-06-01Acquired Omni Bank (27397) in METAIRIE, LA
2011-06-01Acquired Cameron State Bank (19541) in LAKE CHARLES, LA
2012-08-01Acquired Florida Gulf Bank (57085) in FORT MYERS, FL
2014-06-01Acquired Teche Federal Bank (29028) in NEW IBERIA, LA
2014-07-01Acquired First Private Bank of Texas (58497) in DALLAS, TX
2015-03-01Acquired Florida Bank (26280) in TAMPA, FL
2015-04-01Acquired Old Florida Bank (24244) in ORLANDO, FL
2015-04-01Acquired New Traditions Bank (58822) in Orlando, FL
2015-06-01Acquired Georgia Commerce Bank (57521) in ATLANTA, GA
2017-08-01Acquired Sabadell United Bank, National Association (21837) in MIAMI, FL
2018-03-24Acquired Gibraltar Private Bank & Trust Co. (32212) in CORAL GABLES, FL
2020-07-02Merged into and subsequently operated as part of First Horizon Bank (4977) in MEMPHIS, TN

Financial Information (2009-06-30 and Older)