Palmetto Heritage Bank & Trust

Status:Inactive as of 11/01/2018
 Absorption - Without Assistance
Successor Bank:First-Citizens Bank & Trust Company
Headquarters:Palmetto Heritage Bank & Trust
10919 Ocean Boulevard
Pawleys Island, SC 29585
Established:01/03/2005
FDIC Insurance:01/03/2005
FDIC Cert:#57880
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$164,783,000
Total Deposits:$123,488,000

History

2005-01-03Institution established: Original name:Palmetto Heritage Bank & Trust
2018-11-01Merged into and subsequently operated as part of First-Citizens Bank & Trust Company (11063) in RALEIGH, NC
2019-04-01Acquired Biscayne Bank (57973) in COCONUT GROVE, FL
2019-05-01Acquired First South Bank (34222) in SPARTANBURG, SC
2019-12-31Acquired Entegra Bank (31445) in Franklin, NC
2020-02-01Acquired Gwinnett Community Bank (35249) in DULUTH, GA

Financial Information (2018-09-30 and Older)