New Horizons Bank

Status:Inactive as of 04/15/2011
 Absorption - Assisted
Successor Bank:Citizens South Bank
Headquarters:New Horizons Bank
489 Highland Xing
Ellijay, GA 30540
Established:05/21/2004
FDIC Insurance:05/21/2004
FDIC Cert:#57705
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$103,055,000
Total Deposits:$99,022,000

History

2004-05-21Institution established: Original name:New Horizons Bank
2011-04-15Failed. Acquired with government financial assistance and subsequently operated as part of Citizens South Bank (28833)
2011-07-21Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
2012-10-10Merged into and subsequently operated as part of Park Sterling Bank (58408) in CHARLOTTE, NC
2014-05-01Acquired Provident Community Bank, National Association (28997) in ROCK HILL, SC
2016-01-01Acquired First Capital Bank (34802) in GLEN ALLEN, VA
2017-11-30Merged into and subsequently operated as part of South State Bank (13425) in COLUMBIA, SC
2020-06-08Merged into and subsequently operated as part of South State Bank, National Association (33555) in Winter Haven, FL
2020-06-08Changed name to South State Bank, National Association (33555)

Financial Information (2011-03-31 and Older)