First Savings Bank of Moore County, Inc., SSB

Status:Inactive as of 11/17/2000
 Merger - Without Assistance
Successor Bank:First Bank
Headquarters:First Savings Bank of Moore County, Inc., SSB
205 Southeast Broad Street
Southern Pines, NC 28387
Established:01/01/1922
FDIC Insurance:08/09/1989
FDIC Cert:#28074
Charter Class:
Total Assets:$309,156,000
Total Deposits:$223,662,000

History

1922-01-01Institution established: Original name:First Federal Savings and Loan Association
1989-05-31Changed name to First Federal Savings Bank of Moore County
1989-05-31Changed organization type to MUTUAL SAVINGS BANK
1993-06-22Changed name to First Savings Bank of Moore County, SSB
1993-06-22Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION
1994-01-06Changed organization type to STOCK SAVINGS BANK
1994-01-06Changed name to First Savings Bank of Moore County, Inc., SSB
2000-11-17Merged into and subsequently operated as part of First Bank (15019) in TROY, NC
2001-09-18Acquired Home Savings, SSB (31012) in THOMASVILLE, NC
2003-05-16Acquired Carolina Community Bank, National Association (11537) in LATTA, SC
2008-05-16Acquired Sentry Bank & Trust (28032) in CHERAW, SC
2009-06-20Acquired Cooperative Bank (27837) in WILMINGTON, NC as part of a government assisted transaction.
2011-01-21Acquired The Bank of Asheville (34516) in ASHEVILLE, NC as part of a government assisted transaction.
2013-09-04Moved bank headquarters from TROY, NC to SOUTHERN PINES, NC
2015-04-22Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2015-04-22Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2017-03-04Acquired Carolina Bank (34348) in GREENSBORO, NC
2017-10-01Acquired Asheville Savings Bank, S.S.B. (29663) in ASHEVILLE, NC

Financial Information (1999-12-31 and Older)