First National Bank of the Carolinas

Status:Inactive as of 04/01/2005
 Merger - Without Assistance
Successor Bank:American Community Bank
Headquarters:First National Bank of the Carolinas
217 North Granard Street
Gaffney, SC 29340
Established:10/18/1996
FDIC Insurance:10/18/1996
FDIC Cert:#34237
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$84,839,000
Total Deposits:$61,069,000

History

1996-10-18Institution established: Original name:First National Bank of the Carolinas
2005-04-01Merged into and subsequently operated as part of American Community Bank (34868) in MONROE, NC
2009-04-17Merged into and subsequently operated as part of Yadkin Valley Bank and Trust Company (19861) in ELKIN, NC
2013-05-28Changed name to Yadkin Bank (19861)
2014-07-04Moved bank headquarters from ELKIN, NC to STATESVILLE, NC
2014-07-04Acquired Vantagesouth Bank (35006) in CARY, NC
2016-01-28Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2016-03-01Acquired NewBridge Bank (16799) in GREENSBORO, NC
2017-03-11Merged into and subsequently operated as part of First National Bank of Pennsylvania (7888) in GREENVILLE, PA

Financial Information (2005-03-31 and Older)