Gainesville Bank & Trust

Status:Inactive as of 2008-07-25
 Merger - Without Assistance
Successor Bank:SunTrust Bank
Headquarters:Gainesville Bank & Trust
500 Jesse Jewell Parkway S.E.
Gainesville, GA 30501
Established:1988-02-01
FDIC Insurance:1988-02-01
FDIC Cert:#27158
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
# of Branches:11
Total Assets:$689,543,000
Total Deposits:$408,879,000

History

1988-02-01Institution established: Original name:Gainesville Bank & Trust
1997-02-18Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
1998-04-24Reorganized.
2004-08-02Acquired Southern Heritage Bank (34593) in FLOWERY BRANCH, GA
2004-08-19Acquired Lumpkin County Bank (24160) in DAHLONEGA, GA
2008-07-25Acquired Mountain State Bank (57507) in DAWSONVILLE, GA
2008-07-25Acquired First National Bank of Gwinnett (35409) in DULUTH, GA
2008-07-25Acquired Home Town Bank of Villa Rica (34391) in VILLA RICA, GA
2008-07-25Acquired United Bank & Trust Company (32739) in ROCKMART, GA
2008-07-25Acquired First National Bank of the South (27543) in MILLEDGEVILLE, GA
2008-07-25Acquired Community Trust Bank (27163) in HIRAM, GA
2008-07-25Merged into and subsequently operated as part of SunTrust Bank (867) in ATLANTA, GA
2008-08-01Acquired First Priority Bank (57523) in BRADENTON, FL as part of a government assisted transaction.
2019-12-07Merged into and subsequently operated as part of Truist Bank (9846) in CHARLOTTE, NC
2019-12-07Changed name to Truist Bank (9846)

Financial Information (2008-06-30 and Older)