Community National Bank of Sarasota County

Status:Inactive as of 08/07/2009
 Absorption - Assisted
Successor Bank:Stearns Bank
Headquarters:Community National Bank of Sarasota County
201 Center Road
Venice, FL 34285
Established:02/16/1988
FDIC Insurance:02/16/1988
FDIC Cert:#27183
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$92,528,000
Total Deposits:$92,352,000

History

1988-02-16Institution established: Original name:Community National Bank of Sarasota County
2009-08-07Acquired First State Bank (27364) in SARASOTA, FL as part of a government assisted transaction.
2009-08-07Failed. Acquired with government financial assistance and subsequently operated as part of Stearns Bank National Association (10988)
2009-08-21Acquired Ebank (34682) in ATLANTA, GA as part of a government assisted transaction.
2010-11-12Acquired Copper Star Bank (35463) in SCOTTSDALE, AZ as part of a government assisted transaction.
2012-03-23Acquired Covenant Bank & Trust (58068) in ROCK SPRING, GA as part of a government assisted transaction.
2012-07-27Acquired Jasper Banking Company (16240) in JASPER, GA as part of a government assisted transaction.
2012-10-19Acquired First East Side Savings Bank (28144) in TAMARAC, FL as part of a government assisted transaction.

Financial Information (2009-06-30 and Older)