First Cherokee State Bank
Status: | Inactive as of 07/20/2012 |
Absorption - Assisted | |
Successor Bank: | Community & Southern Bank |
Headquarters: | First Cherokee State Bank 9860 Highway 92 Woodstock, GA 30188 |
Established: | 11/27/1989 |
FDIC Insurance: | 11/27/1989 |
FDIC Cert: | #32711 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $209,021,000 |
Total Deposits: | $182,114,000 |
History
1989-11-27 | Institution established: Original name:First National Bank of Cherokee | |
2001-05-17 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
2003-12-15 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2003-12-15 | Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION | |
2003-12-15 | Changed name to First Cherokee State Bank | |
2012-07-20 | Acquired Georgia Trust Bank (57847) in BUFORD, GA as part of a government assisted transaction. | |
2012-07-20 | Failed. Acquired with government financial assistance and subsequently operated as part of Community & Southern Bank (59010) | |
2012-07-20 | Acquired First Cherokee State Bank in WOODSTOCK, GA as part of a government assisted transaction. | |
2014-06-24 | Acquired Verity Bank (58711) in WINDER, GA | |
2014-07-18 | Acquired Eastside Commercial Bank (58125) in CONYERS, GA as part of a government assisted transaction. | |
2014-09-19 | Acquired Alliance National Bank (35173) in DALTON, GA | |
2015-05-08 | Acquired Community Business Bank (58624) in CUMMING, GA | |
2016-07-21 | Merged into and subsequently operated as part of Bank of the Ozarks (110) in LITTLE ROCK, AR | |
2016-07-22 | Acquired C1 Bank (34092) in SAINT PETERSBURG, FL | |
2018-07-16 | Changed name to Bank OZK (110) |