Waccamaw Bank

Status:Inactive as of 06/08/2012
 Absorption - Assisted
Successor Bank:First Community Bank
Headquarters:Waccamaw Bank
110 North J.K. Powell Boulevard
Whiteville, NC 28472
FDIC Insurance:09/02/1997
FDIC Cert:#34515
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$533,114,000
Total Deposits:$472,704,000


1997-09-02Institution established: Original name:Waccamaw Bank
2001-05-31Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD
2001-05-31Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2006-04-29Acquired The Bank of Heath Springs (17459) in HEATH SPRINGS, SC
2012-06-08Failed. Acquired with government financial assistance and subsequently operated as part of First Community Bank (13012)
2019-12-31Acquired Highlands Union Bank (26191) in ABINGDON, VA

Financial Information (2012-03-31 and Older)