Southern Community Bank
Status: | Inactive as of 06/19/2009 |
Absorption - Assisted | |
Successor Bank: | United Community Bank |
Headquarters: | Southern Community Bank 525 North Jeff Davis Drive Fayetteville, GA 30214 |
Established: | 06/02/2000 |
FDIC Insurance: | 06/02/2000 |
FDIC Cert: | #35251 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $371,695,000 |
Total Deposits: | $297,962,000 |
History
2000-06-02 | Institution established: Original name:Southern Community Bank | |
2009-06-19 | Failed. Acquired with government financial assistance and subsequently operated as part of United Community Bank (16889) | |
2015-07-06 | Moved bank headquarters from FAYETTEVILLE, GA to BLAIRSVILLE, GA | |
2015-07-17 | Acquired First National Bank (4947) in LENOIR CITY, TN | |
2015-09-01 | Acquired The Palmetto Bank (8997) in GREENVILLE, SC | |
2016-07-01 | Acquired Tidelands Bank (57594) in MOUNT PLEASANT, SC | |
2017-07-31 | Acquired Horry County State Bank (27139) in LORIS, SC | |
2017-11-01 | Acquired Four Oaks Bank & Trust Company (11506) in FOUR OAKS, NC | |
2019-05-01 | Acquired First Madison Bank & Trust (57898) in COLBERT, GA | |
2020-07-01 | Acquired Seaside National Bank & Trust (58328) in ORLANDO, FL |