Crescent Bank and Trust Company

Status:Inactive as of 07/23/2010
 Absorption - Assisted
Successor Bank:Renasant Bank
Headquarters:Crescent Bank and Trust Company
120 Appalachian Parkway
Jasper, GA 30143
Established:08/14/1989
FDIC Insurance:08/14/1989
FDIC Cert:#27559
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$970,235,000
Total Deposits:$932,809,000

History

1989-08-14Institution established: Original name:Crescent Bank and Trust Company
1992-05-01Reorganized.
1995-02-01Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
2005-04-01Acquired Futurus Bank, National Association (35440) in ALPHARETTA, GA
2010-07-23Failed. Acquired with government financial assistance and subsequently operated as part of Renasant Bank (12437)
2011-02-04Acquired American Trust Bank (57432) in ROSWELL, GA as part of a government assisted transaction.
2011-09-01Reorganized.
2013-09-01Acquired Merchants and Farmers Bank (9361) in KOSCIUSKO, MS
2015-07-01Acquired Heritage Bank of the South (50028) in ALBANY, GA
2016-04-01Acquired KeyWorth Bank (58617) in JOHNS CREEK, GA
2017-07-01Acquired Metropolitan Bank (22346) in CRYSTAL SPRINGS, MS
2018-09-01Acquired The Brand Banking Company (878) in LAWRENCEVILLE, GA

Financial Information (2010-06-30 and Older)