Montgomery Bank & Trust

Status:Inactive as of 07/06/2012
 Absorption - Assisted
Successor Bank:Ameris Bank
Headquarters:Montgomery Bank & Trust
Lee And Gum Streets
Ailey, GA 30410
Established:03/01/1926
FDIC Insurance:10/08/1965
FDIC Cert:#19498
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$153,208,000
Total Deposits:$164,181,000

History

1926-03-01Institution established: Original name:Montgomery County Bank
2003-03-10Changed name to Montgomery Bank & Trust
2012-07-06Failed. Acquired with government financial assistance and subsequently operated as part of Ameris Bank (20504)
2012-10-10Moved bank headquarters from AILEY, GA to MOULTRIE, GA
2013-12-23Acquired Prosperity Bank (24963) in SAINT AUGUSTINE, FL
2014-07-01Acquired The Coastal Bank (20134) in SAVANNAH, GA
2015-05-22Acquired Merchants & Southern Bank (18116) in GAINESVILLE, FL
2016-03-11Acquired The Jacksonville Bank (34941) in JACKSONVILLE, FL
2018-05-25Acquired Atlantic Coast Bank (45826) in JACKSONVILLE, FL
2018-06-29Acquired Hamilton State Bank (57810) in HOSCHTON, GA
2019-07-01Moved bank headquarters from MOULTRIE, GA to ATLANTA, GA
2019-07-01Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2019-07-01Acquired Fidelity Bank (21440) in ATLANTA, GA

Financial Information (2012-06-30 and Older)