Citizens South Bank

Status:Inactive as of 10/10/2012
 Merger - Without Assistance
Successor Bank:Park Sterling Bank
Headquarters:Citizens South Bank
519 South New Hope Road
Gastonia, NC 28054
Established:01/01/1904
FDIC Insurance:08/09/1989
FDIC Cert:#28833
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$938,239,000
Total Deposits:$826,693,000

History

1904-01-01Institution established: Original name:Gaston Federal Savings and Loan Association
1982-05-31Acquired Mount Holly Federal Savings and Loan Association (30493) in MOUNT HOLLY, NC
1998-04-09Changed organization type to STOCK SAVINGS BANK
1998-04-09Changed name to Gaston Federal Bank
2001-12-31Acquired Citizens Bank, Inc. (28172) in SALISBURY, NC
2002-03-11Changed name to Citizens South Bank
2005-10-31Acquired Trinity Bank (35288) in MONROE, NC
2010-03-19Acquired Bank of Hiawassee (10054) in HIAWASSEE, GA as part of a government assisted transaction.
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 OFFICE OF THRIFT SUPERVISION 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 (2012-09-30 and Older)