The Bank of Falkner

Status:Inactive as of 09/29/2000
 Absorption - Assisted
Successor Bank:CB&S Bank, Inc.
Headquarters:The Bank of Falkner
Main Street
Falkner, MS 38629
Established:01/01/1923
FDIC Insurance:01/01/1934
FDIC Cert:#338
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$85,485,000
Total Deposits:$77,140,000

History

1923-01-01Institution established: Original name:The Bank of Falkner
2000-09-29Failed. Acquired with government financial assistance and subsequently operated as part of Citizens Bank & Savings Company (15310)
2005-06-24Acquired The Bank of Bolivar (14671) in BOLIVAR, TN
2006-05-01Acquired Farmers Bank (1692) in CORNERSVILLE, TN
2008-03-03Changed name to CB&S Bank, Inc. (15310)
2013-08-23Acquired Community South Bank (19849) in PARSONS, TN as part of a government assisted transaction.
2019-07-31Acquired PrimeSouth Bank (17892) in TALLASSEE, AL

Financial Information (1999-12-31 and Older)