Community Bank of Arizona

Status:Inactive as of 08/14/2009
 Absorption - Assisted
Successor Bank:MidFirst Bank
Headquarters:Community Bank of Arizona
2700 N. Central Avenue, Suite 200
Phoenix, AZ 85004
Established:11/25/2003
FDIC Insurance:11/25/2003
FDIC Cert:#57645
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$158,517,000
Total Deposits:$143,834,000

History

2003-11-25Institution established: Original name:Cactus Commerce Bank
2007-02-16Changed name to Community Bank of Arizona
2007-12-07Moved bank headquarters from GLENDALE, AZ to PHOENIX, AZ
2009-08-14Acquired Union Bank, National Association (34485) in GILBERT, AZ as part of a government assisted transaction.
2009-08-14Failed. Acquired with government financial assistance and subsequently operated as part of MidFirst Bank (4063)
2009-08-14Acquired Community Bank of Arizona in PHOENIX, AZ as part of a government assisted transaction.
2011-07-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
2014-04-30Reorganized.
2015-01-07Acquired Steele Street Bank & Trust (57575) in DENVER, CO
2016-07-01Acquired 1st Century Bank, National Association (57657) in LOS ANGELES, CA

Financial Information (2009-06-30 and Older)