Chestatee State Bank

Status:Inactive as of 12/17/2010
 Absorption - Assisted
Successor Bank:Bank OZK
Headquarters:Chestatee State Bank
6639 Highway 53 East
Dawsonville, GA 30534
Established:05/15/1998
FDIC Insurance:05/15/1998
FDIC Cert:#34578
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$244,376,000
Total Deposits:$240,476,000

History

1998-05-15Institution established: Original name:Chestatee State Bank
2010-12-17Failed. Acquired with government financial assistance and subsequently operated as part of Bank of the Ozarks (110)
2011-01-14Acquired Oglethorpe Bank (57440) in BRUNSWICK, GA as part of a government assisted transaction.
2011-04-29Acquired The Park Avenue Bank (19797) in VALDOSTA, GA as part of a government assisted transaction.
2011-04-29Acquired First Choice Community Bank (58539) in DALLAS, GA as part of a government assisted transaction.
2013-01-01Acquired The Citizens Bank (59) in GENEVA, AL
2013-08-01Acquired The First National Bank of Shelby (4910) in SHELBY, NC
2014-03-06Acquired OMNIBANK, National Association (17325) in HOUSTON, TX
2014-05-17Acquired Summit Bank (34433) in ARKADELPHIA, AR
2015-02-11Acquired Intervest National Bank (35011) in NEW YORK, NY
2015-08-06Acquired Bank of the Carolinas (34903) in MOCKSVILLE, NC
2016-07-21Acquired Community & Southern Bank (59010) in ATLANTA, GA
2016-07-22Acquired C1 Bank (34092) in SAINT PETERSBURG, FL
2018-07-16Changed name to Bank OZK (110)
2020-06-15Moved bank headquarters from DAWSONVILLE, GA to Little Rock, AR

Financial Information (2010-09-30 and Older)