The Farmers Bank of Lynchburg
Status: | Inactive as of 06/15/2012 |
Absorption - Assisted | |
Successor Bank: | Clayton Bank and Trust |
Headquarters: | The Farmers Bank of Lynchburg 71 Mechanic St. South Lynchburg, TN 37352 |
Established: | 04/25/1888 |
FDIC Insurance: | 01/01/1934 |
FDIC Cert: | #1690 |
Charter Class: | Commercial bank, state charter and Fed nonmember, supervised by the FDIC |
Total Assets: | $163,859,000 |
Total Deposits: | $156,402,000 |
History
1888-04-25 | Institution established: Original name:The Farmers Bank of Lynchburg | |
1990-05-15 | Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED | |
2005-05-26 | Change trust powers from FULL TRUST POWERS GRANTED to TRUST POWERS TERMINATED | |
2009-09-29 | Acquired Oakland Deposit Bank (10320) in OAKLAND, TN | |
2009-10-30 | Acquired First State Bank (2383) in CHAPEL HILL, TN | |
2012-06-15 | Failed. Acquired with government financial assistance and subsequently operated as part of Clayton Bank and Trust (6104) | |
2014-04-01 | Moved bank headquarters from LYNCHBURG, TN to KNOXVILLE, TN | |
2017-07-31 | Acquired Clayton Bank and Trust (6104) in KNOXVILLE, TN | |
2017-07-31 | Acquired American City Bank (21663) in TULLAHOMA, TN | |
2017-07-31 | Merged into and subsequently operated as part of FirstBank (8663) in NASHVILLE, TN | |
2020-02-14 | Acquired The Farmers National Bank of Scottsville (2769) in SCOTTSVILLE, KY | |
2020-08-15 | Acquired Franklin Synergy Bank (58714) in FRANKLIN, TN |