Security Bank of Gwinnett County

Status:Inactive as of 07/24/2009
 Absorption - Assisted
Successor Bank:State Bank and Trust Company
Headquarters:Security Bank of Gwinnett County
1380 Peachtree Industrial Boulevard
Suwanee, GA 30024
Established:02/24/2003
FDIC Insurance:02/24/2003
FDIC Cert:#57346
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$259,182,000
Total Deposits:$256,578,000

History

2003-02-24Institution established: Original name:Homestead Bank
2006-07-31Changed name to Security Bank of Gwinnett County
2009-07-24Acquired Security Bank of North Fulton (57430) in ALPHARETTA, GA as part of a government assisted transaction.
2009-07-24Acquired Security Bank of North Metro (57105) in WOODSTOCK, GA as part of a government assisted transaction.
2009-07-24Acquired Security Bank of Gwinnett County in SUWANEE, GA as part of a government assisted transaction.
2009-07-24Acquired Security Bank of Jones County (8486) in GRAY, GA as part of a government assisted transaction.
2009-07-24Failed. Acquired with government financial assistance and subsequently operated as part of State Bank and Trust Company (57870)
2009-07-24Acquired Security Bank of Houston County (27048) in PERRY, GA as part of a government assisted transaction.
2009-07-24Acquired Security Bank of Bibb County (27367) in MACON, GA as part of a government assisted transaction.
2009-08-19Moved bank headquarters from SUWANEE, GA to MACON, GA
2009-12-04Acquired The Buckhead Community Bank (34663) in ATLANTA, GA as part of a government assisted transaction.
2009-12-04Acquired First Security National Bank (26290) in NORCROSS, GA as part of a government assisted transaction.
2010-07-30Acquired Northwest Bank & Trust (57658) in ACWORTH, GA as part of a government assisted transaction.
2010-12-17Acquired United Americas Bank, National Association (35065) in ATLANTA, GA as part of a government assisted transaction.
2011-10-14Acquired Piedmont Community Bank (57256) in GRAY, GA as part of a government assisted transaction.
2011-10-21Acquired Community Capital Bank (57036) in JONESBORO, GA as part of a government assisted transaction.
2014-10-01Acquired Bank of Atlanta (32362) in ATLANTA, GA
2015-07-24Acquired First Bank of Georgia (27423) in AUGUSTA, GA
2016-12-31Acquired The National Bank of Georgia (35338) in ATHENS, GA
2016-12-31Acquired S Bank (15926) in GLENNVILLE, GA
2017-09-30Acquired AloStar Bank of Commerce (59060) in BIRMINGHAM, AL
2019-01-01Merged into and subsequently operated as part of Cadence Bank, N.A. (4999) in Atlanta, GA

Financial Information (2009-06-30 and Older)