First State Bank of Franklin County

Status:Inactive as of 04/01/1993
 Merger - Without Assistance
Successor Bank:CB&S Bank, Inc.
Headquarters:First State Bank of Franklin County
18 Broad Street
Phil Campbell, AL 35581
Established:04/06/1921
FDIC Insurance:01/01/1934
FDIC Cert:#1740
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$27,518,000
Total Deposits:$25,625,000

History

1921-04-06Institution established: Original name:First State Bank
1981-02-14Changed name to First State Bank of Franklin County
1993-04-01Merged into and subsequently operated as part of Citizens Bank & Savings Company (15310) in RUSSELLVILLE, AL
2000-09-29Acquired The Bank of Falkner (338) in FALKNER, MS as part of a government assisted transaction.
2005-06-24Acquired The Bank of Bolivar (14671) in BOLIVAR, TN
2006-05-01Acquired Farmers Bank (1692) in CORNERSVILLE, TN
2008-03-03Changed name to CB&S Bank, Inc. (15310)
2013-08-23Acquired Community South Bank (19849) in PARSONS, TN as part of a government assisted transaction.
2019-07-31Acquired PrimeSouth Bank (17892) in TALLASSEE, AL

Financial Information (1992-12-31 and Older)