Community Bank & Trust

Status:Inactive as of 01/29/2010
 Absorption - Assisted
Successor Bank:South State Bank
Headquarters:Community Bank & Trust
448 North Main Street
Cornelia, GA 30531
Established:08/03/1900
FDIC Insurance:01/01/1934
FDIC Cert:#5702
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$1,181,717,000
Total Deposits:$1,067,957,000

History

1900-08-03Institution established: Original name:Cornelia Bank
1986-04-01Changed name to Community Bank & Trust - Habersham
2000-11-20Acquired Community Bank & Trust - Jackson (875) in COMMERCE, GA
2000-11-20Changed name to Community Bank & Trust
2010-01-29Failed. Acquired with government financial assistance and subsequently operated as part of SCBT National Association (13425)
2011-02-18Acquired Habersham Bank (151) in CLARKESVILLE, GA as part of a government assisted transaction.
2011-07-29Acquired BankMeridian, N.A. (58222) in COLUMBIA, SC as part of a government assisted transaction.
2012-04-25Acquired The Peoples National Bank (26753) in EASLEY, SC
2012-04-25Acquired Seneca National Bank (35079) in SENECA, SC
2012-04-25Acquired Bank of Anderson, National Association (34830) in ANDERSON, SC
2012-07-01Moved bank headquarters from CORNELIA, GA to COLUMBIA, SC
2012-07-01Changed name to SCBT (13425)
2012-07-01Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2012-12-13Acquired The Savannah Bank, National Association (33120) in SAVANNAH, GA
2012-12-13Acquired Bryan Bank & Trust (32744) in RICHMOND HILL, GA
2013-07-26Acquired First Federal Bank (28994) in CHARLESTON, SC
2014-06-30Changed name to South State Bank (13425)
2017-01-03Acquired Georgia Bank & Trust Company of Augusta (27574) in AUGUSTA, GA
2017-11-30Acquired Park Sterling Bank (58408) in CHARLOTTE, NC
2020-06-08Merged into and subsequently operated as part of South State Bank, National Association (33555) in Winter Haven, FL
2020-06-08Changed name to South State Bank, National Association (33555)

Financial Information (2009-12-31 and Older)