First State Bank

Status:Inactive as of 10/30/2009
 Merger - Without Assistance
Successor Bank:The Farmers Bank of Lynchburg
Headquarters:First State Bank
118 S. Horton Pkwy,
Chapel Hill, TN 37034
Established:10/03/1931
FDIC Insurance:01/01/1934
FDIC Cert:#2383
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$49,057,000
Total Deposits:$43,298,000

History

1931-10-03Institution established: Original name:First State Bank
2009-10-30Merged into and subsequently operated as part of The Farmers Bank of Lynchburg (1690) in LYNCHBURG, TN
2012-06-15Failed. Acquired with government financial assistance and subsequently operated as part of Clayton Bank and Trust (6104)
2014-04-01Moved bank headquarters from LYNCHBURG, TN to KNOXVILLE, TN
2017-07-31Acquired Clayton Bank and Trust (6104) in KNOXVILLE, TN
2017-07-31Acquired American City Bank (21663) in TULLAHOMA, TN
2017-07-31Merged into and subsequently operated as part of FirstBank (8663) in NASHVILLE, TN
2020-02-14Acquired The Farmers National Bank of Scottsville (2769) in SCOTTSVILLE, KY
2020-08-15Acquired Franklin Synergy Bank (58714) in FRANKLIN, TN

Financial Information (2009-09-30 and Older)