Security Bank of North Metro

Status:Inactive as of 07/24/2009
 Absorption - Assisted
Successor Bank:State Bank and Trust Company
Headquarters:Security Bank of North Metro
155 Towne Lake Parkway
Woodstock, GA 30188
Established:05/20/2002
FDIC Insurance:05/20/2002
FDIC Cert:#57105
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$184,184,000
Total Deposits:$182,413,000

History

2002-05-20Institution established: Original name:SouthBank, National Association
2004-01-07Changed name to SouthBank
2004-01-07Changed primary regulatory agency from COMPTROLLER OF THE CURRENCY to FEDERAL DEPOSIT INSURANCE CORPORATION
2004-01-07Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2005-06-09Reorganized.
2005-06-09Changed name to Security Bank of North Metro
2009-07-24Acquired Security Bank of North Metro in WOODSTOCK, GA as part of a government assisted transaction.
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 Jones County (8486) in GRAY, GA as part of a government assisted transaction.
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 Gwinnett County (57346) in SUWANEE, 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.
2009-07-24Failed. Acquired with government financial assistance and subsequently operated as part of State Bank and Trust Company (57870)
2009-08-19Moved bank headquarters from WOODSTOCK, GA to MACON, GA
2009-12-04Acquired First Security National Bank (26290) in NORCROSS, GA as part of a government assisted transaction.
2009-12-04Acquired The Buckhead Community Bank (34663) in ATLANTA, 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)