Merchants Bank

Status:Inactive as of 04/01/2019
 Merger - Without Assistance
Successor Bank:Cadence Bank
Headquarters:Merchants Bank
1901 North College Avenue
Jackson, AL 36545
Established:11/16/1962
FDIC Insurance:11/16/1962
FDIC Cert:#18637
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$225,153,000
Total Deposits:$205,275,000

History

1962-11-16Institution established: Original name:Merchants Bank
2019-04-01Acquired Grand Bank of Texas (22040) in DALLAS, TX
2019-04-01Acquired Merchants Bank in JACKSON, AL
2019-04-01Merged into and subsequently operated as part of BancorpSouth Bank (11813) in TUPELO, MS
2019-09-01Acquired Summit Bank, National Association (58786) in PANAMA CITY, FL
2019-09-01Acquired Texas Star Bank (5567) in VAN ALSTYNE, TX
2020-01-01Acquired Texas First State Bank (15300) in Riesel, TX

Financial Information (2019-03-31 and Older)