The Summit National Bank

Status:Inactive as of 12/29/2006
 Merger - Without Assistance
Successor Bank:United Commercial Bank
Headquarters:The Summit National Bank
4360 Chamblee-Dunwoody Road
Atlanta, GA 30341
Established:03/10/1988
FDIC Insurance:03/10/1988
FDIC Cert:#27199
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$665,410,000
Total Deposits:$550,476,000

History

1988-03-10Institution established: Original name:The Summit National Bank
1993-12-31Acquired Vinings Bank & Trust, National Association (27088) in ATLANTA, GA
1998-06-30Moved bank headquarters from DE KALB COUNTY, GA to ATLANTA, GA
1998-06-30Acquired California Security Bank (21306) in SAN JOSE, CA
2006-04-01Acquired Concord Bank, National Association (24497) in HOUSTON, TX
2006-12-29Merged into and subsequently operated as part of United Commercial Bank (32469) in SAN FRANCISCO, CA
2007-05-24Acquired The Chinese American Bank (19736) in NEW YORK, NY
2009-11-06Failed. Acquired with government financial assistance and subsequently operated as part of East West Bank (31628)
2010-06-11Acquired Washington First International Bank (32955) in SEATTLE, WA as part of a government assisted transaction.
2014-01-18Acquired MetroBank, National Association (26937) in HOUSTON, TX
2014-01-18Acquired Metro United Bank (33401) in SAN DIEGO, CA

Financial Information (2006-09-30 and Older)