Carolina Community Bank

Status:Inactive as of 05/16/2003
 Merger - Without Assistance
Successor Bank:First Bank
Headquarters:Carolina Community Bank
100 East Leitner Street
Latta, SC 29565
Established:01/01/1934
FDIC Insurance:01/01/1934
FDIC Cert:#11537
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$74,468,000
Total Deposits:$62,782,000

History

1934-01-01Institution established: Original name:Latta Bank and Trust Company
1983-09-16Change trust powers from FULL TRUST POWERS GRANTED to LIMITED TRUST POWERS GRANTED
1988-06-27Reorganized.
1989-02-23Changed name to SouthTrust Bank of Dillon County
1995-10-31Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
1995-10-31Changed name to SouthTrust Bank of Dillon County, National Association
1995-11-01Changed name to Carolina Community Bank, National Association
2003-05-16Merged into and subsequently operated as part of First Bank (15019) in TROY, NC
2008-05-16Acquired Sentry Bank & Trust (28032) in CHERAW, SC
2009-06-20Acquired Cooperative Bank (27837) in WILMINGTON, NC as part of a government assisted transaction.
2011-01-21Acquired The Bank of Asheville (34516) in ASHEVILLE, NC as part of a government assisted transaction.
2013-09-04Moved bank headquarters from TROY, NC to SOUTHERN PINES, NC
2015-04-22Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2015-04-22Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL RESERVE BOARD
2017-03-04Acquired Carolina Bank (34348) in GREENSBORO, NC
2017-10-01Acquired Asheville Savings Bank, S.S.B. (29663) in ASHEVILLE, NC

Financial Information (2003-03-31 and Older)