Concord Bank

Status:Inactive as of 04/01/2006
 Merger - Without Assistance
Successor Bank:The Summit National Bank
Headquarters:Concord Bank
6588 Corporate Drive
Houston, TX 77036
Established:05/16/1983
FDIC Insurance:05/16/1983
FDIC Cert:#24497
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$120,005,000
Total Deposits:$107,916,000

History

1983-05-16Institution established: Original name:Asian American National Bank
2002-03-01Changed name to Concord Bank, National Association
2006-04-01Merged into and subsequently operated as part of The Summit National Bank (27199) in ATLANTA, GA
2006-12-29Merged into and subsequently operated as part of United Commercial Bank (32469) in SAN FRANCISCO, CA
2007-05-24Acquired The Chinese American Bank (19736) in NEW YORK, NY
2009-11-06Failed. Acquired with government financial assistance and subsequently operated as part of East West Bank (31628)
2010-06-11Acquired Washington First International Bank (32955) in SEATTLE, WA as part of a government assisted transaction.
2014-01-18Acquired MetroBank, National Association (26937) in HOUSTON, TX
2014-01-18Acquired Metro United Bank (33401) in SAN DIEGO, CA

Financial Information (2006-03-31 and Older)