First Bank of the South
Status: | Inactive as of 07/01/2016 |
Merger - Without Assistance | |
Successor Bank: | First State Bank of DeKalb County |
Headquarters: | First Bank of the South 246 Main Street Rainsville, AL 35986 |
Established: | 02/01/1983 |
FDIC Insurance: | 02/01/1983 |
FDIC Cert: | #24307 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $80,969,000 |
Total Deposits: | $73,642,000 |
History
1983-02-01 | Institution established: Original name:First National Bank of Rainsville | |
1988-06-01 | Changed name to First Rainsville Bank | |
1988-06-01 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION | |
1995-02-14 | Changed name to First Bank of the South | |
2016-07-01 | Merged into and subsequently operated as part of First State Bank of DeKalb County (23815) in FORT PAYNE, AL |