The Community Bank

Status:Inactive as of 10/18/2004
 Merger - Without Assistance
Successor Bank:Southern Community Bank and Trust
Headquarters:The Community Bank
616 South Key Street
Pilot Mountain, NC 27041
Established:03/23/1987
FDIC Insurance:03/23/1987
FDIC Cert:#26919
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$313,123,000
Total Deposits:$213,476,000

History

1987-03-23Institution established: Original name:The Community Bank
1992-10-20Change trust powers from TRUST POWERS NOT GRANTED to LIMITED TRUST POWERS GRANTED
1993-04-08Change trust powers from LIMITED TRUST POWERS GRANTED to TRUST POWERS TERMINATED
2004-01-12Reorganized.
2004-10-18Merged into and subsequently operated as part of Southern Community Bank and Trust (34321) in WINSTON SALEM, NC
2006-11-17Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2012-10-11Merged into and subsequently operated as part of Capital Bank, National Association (59049) in CORAL GABLES, FL
2015-11-17Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2015-11-17Changed institution class to INSURED COMMERCIAL BANKS, STATE, NOT MEMBERS OF THE FRS
2015-11-17Changed name to Capital Bank Corporation (59049)
2015-11-17Changed organization type to COMMERCIAL BANK
2016-02-04Moved bank headquarters from CORAL GABLES, FL to RALEIGH, NC
2016-10-26Acquired Communityone Bank, National Association (4879) in ASHEBORO, NC
2017-11-30Merged into and subsequently operated as part of First Tennessee Bank, National Association (4977) in MEMPHIS, TN
2019-10-26Changed name to First Horizon Bank (4977)
2019-10-26Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2019-10-26Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2020-07-02Acquired Iberiabank (28100) in LAFAYETTE, LA

Financial Information (2004-09-30 and Older)