Satilla Community Bank

Status:Inactive as of 05/14/2010
 Absorption - Assisted
Successor Bank:Ameris Bank
Headquarters:Satilla Community Bank
6308 Highway 40 East
Saint Marys, GA 31558
Established:11/20/2001
FDIC Insurance:11/20/2001
FDIC Cert:#35114
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$135,688,000
Total Deposits:$134,005,000

History

2001-11-20Institution established: Original name:Satilla Community Bank
2008-03-01Reorganized.
2010-05-14Failed. Acquired with government financial assistance and subsequently operated as part of Ameris Bank (20504)
2010-10-22Acquired First Bank of Jacksonville (27573) in JACKSONVILLE, FL as part of a government assisted transaction.
2010-11-12Acquired Tifton Banking Company (57831) in TIFTON, GA as part of a government assisted transaction.
2010-11-12Acquired Darby Bank & Trust Co. (14580) in VIDALIA, GA as part of a government assisted transaction.
2011-07-15Acquired High Trust Bank (19554) in STOCKBRIDGE, GA as part of a government assisted transaction.
2011-07-15Acquired One Georgia Bank (58238) in ATLANTA, GA as part of a government assisted transaction.
2012-02-24Acquired Central Bank of Georgia (5687) in ELLAVILLE, GA as part of a government assisted transaction.
2012-07-06Acquired Montgomery Bank & Trust (19498) in AILEY, GA as part of a government assisted transaction.
2012-10-10Moved bank headquarters from SAINT MARYS, 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
2019-07-01Acquired Fidelity Bank (21440) in ATLANTA, GA
2019-07-01Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED

Financial Information (2010-03-31 and Older)