Sarasota Bank
Status: | Inactive as of 12/04/2003 |
Merger - Without Assistance | |
Successor Bank: | Colonial Bank |
Headquarters: | Sarasota Bank Two North Tamiami Trail Sarasota, FL 34236 |
Established: | 09/15/1992 |
FDIC Insurance: | 09/15/1992 |
FDIC Cert: | #33644 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $186,965,000 |
Total Deposits: | $153,305,000 |
History
1992-09-15 | Institution established: Original name:Sarasota Bank | |
2003-12-04 | Merged into and subsequently operated as part of Colonial Bank, National Association (9609) in MONTGOMERY, AL | |
2005-02-10 | Acquired Union Bank of Florida (32518) in LAUDERHILL, FL | |
2005-06-02 | Acquired First Federal Savings Bank of Lake County (28856) in LEESBURG, FL | |
2007-06-08 | Acquired Commercial Bank of Florida (22813) in MIAMI, FL | |
2007-12-13 | Acquired Citrus and Chemical Bank (17283) in BARTOW, FL | |
2008-06-10 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2008-06-10 | Changed name to Colonial Bank (9609) | |
2009-08-14 | Failed. Acquired with government financial assistance and subsequently operated as part of Branch Banking and Trust Company (9846) | |
2012-08-02 | Acquired BankAtlantic (30559) in FORT LAUDERDALE, FL | |
2013-01-01 | Reorganized. | |
2013-01-01 | Acquired BB&T Financial, FSB (34780) in COLUMBUS, GA | |
2013-05-01 | Reorganized. | |
2015-06-19 | Acquired The Bank of Kentucky, Inc. (33022) in CRESTVIEW HILLS, KY | |
2015-08-01 | Acquired Semper Trust Company (33308) in KING OF PRUSSIA, PA | |
2015-08-01 | Acquired Susquehanna Bank (7579) in LITITZ, PA | |
2015-08-01 | Acquired Susquehanna Trust & Investment Company (35359) in LANCASTER, PA | |
2016-04-01 | Acquired National Penn Bank (7414) in ALLENTOWN, PA | |
2019-12-07 | Moved bank headquarters from MONTGOMERY, AL to CHARLOTTE, NC | |
2019-12-07 | Changed name to Truist Bank (9846) | |
2019-12-07 | Acquired SunTrust Bank (867) in ATLANTA, GA |