Sterling Bank
Status: | Inactive as of 07/23/2010 |
Absorption - Assisted | |
Successor Bank: | Iberiabank |
Headquarters: | Sterling Bank 1189 Hypoluxo Road Lake Worth, FL 33462 |
Established: | 05/01/1987 |
FDIC Insurance: | 05/01/1987 |
FDIC Cert: | #32536 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $354,966,000 |
Total Deposits: | $329,541,000 |
History
1987-05-01 | Institution established: Original name:Sterling Savings Bank | |
1993-07-01 | Changed organization type to STOCK SAVINGS BANK | |
1993-07-01 | Changed name to Sterling Bank, F.S.B. | |
1998-01-19 | Moved bank headquarters from WEST PALM BEACH, FL to LANTANA, FL | |
2004-01-05 | Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS | |
2004-01-05 | Changed name to Sterling Bank | |
2004-01-05 | Changed primary regulatory agency from OFFICE OF THRIFT SUPERVISION to FEDERAL DEPOSIT INSURANCE CORPORATION | |
2004-04-01 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2004-04-01 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2010-07-23 | Failed. Acquired with government financial assistance and subsequently operated as part of Iberiabank (28100) | |
2011-01-01 | Acquired IBERIABANK fsb (33538) in LITTLE ROCK, AR | |
2011-06-01 | Acquired Cameron State Bank (19541) in LAKE CHARLES, LA | |
2011-06-01 | Acquired Omni Bank (27397) in METAIRIE, LA | |
2012-08-01 | Acquired Florida Gulf Bank (57085) in FORT MYERS, FL | |
2014-06-01 | Acquired Teche Federal Bank (29028) in NEW IBERIA, LA | |
2014-07-01 | Acquired First Private Bank of Texas (58497) in DALLAS, TX | |
2015-03-01 | Acquired Florida Bank (26280) in TAMPA, FL | |
2015-04-01 | Acquired Old Florida Bank (24244) in ORLANDO, FL | |
2015-04-01 | Acquired New Traditions Bank (58822) in Orlando, FL | |
2015-06-01 | Acquired Georgia Commerce Bank (57521) in ATLANTA, GA | |
2017-08-01 | Acquired Sabadell United Bank, National Association (21837) in MIAMI, FL | |
2018-03-24 | Acquired Gibraltar Private Bank & Trust Co. (32212) in CORAL GABLES, FL | |
2020-07-02 | Merged into and subsequently operated as part of First Horizon Bank (4977) in MEMPHIS, TN |