Ashville Savings Bank

Alabama – St. Clair – Ashville

(NM) Commercial bank, state charter and Fed nonmember

inactive

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Details

(NM) Commercial bank, state charter and Fed nonmember

inactive

9049

1906

FDIC Certificate Number: 9049
FDIC's unique number: 5787
The FDIC Field Office where an institution is physically located: Shelby

Federal Reserve ID Number: 930134
Report Date: 1997-12-31

Bank Charter Class: NM
The date of the last data update: 1998-03-20

1906-08-16 Institution established. Original name: Ashville Savings Bank.
1987-03-31 Reorganized.
1998-02-06 Merged into and subsequently operated as part of Colonial Bank in Montgomery, Alabama.
1998-02-12 Acquired First Central Bank in St. Petersburg, Florida.
1998-02-13 Acquired First National Bank Of Florida At Bonita Springs in Bonita Springs, Florida.
1998-02-20 Acquired United American Bank Of Central Florida in Orlando, Florida.
1998-06-16 Acquired Commercial Bank Of Nevada in Las Vegas, Nevada.
1998-08-13 Acquired Commercial National Bank in Daytona Beach, Florida.
1998-09-18 Acquired Firstbank in Dallas, Texas.
1998-10-02 Acquired First Macon Bank & Trust Company in Macon, Georgia.
1998-10-07 Acquired Prime Bank Of Central Florida in Titusville, Florida.
1998-10-14 Acquired Interwest Bank in Fallon, Nevada.
1998-12-01 Acquired Texas Bank And Trust in Dallas, Texas.
2002-03-29 Acquired First Mercantile Bank, National Association in Dallas, Texas.
2002-10-18 Acquired Palm Beach National Bank & Trust Company in Palm Beach, Florida.
2003-08-08 Changed name to Colonial Bank, National Association .
2003-08-08 Changed institution class to Insured Commercial Bank, National, Member Frs.
2003-08-08 Changed primary regulatory agency from Federal Reserve Board to Comptroller Of The Currency.
2003-12-04 Acquired Sarasota Bank in Sarasota, Florida.
2005-02-10 Acquired Union Bank Of Florida in Lauderhill, Florida.
2005-06-02 Acquired First Federal Savings Bank Of Lake County in Leesburg, Florida.
2007-06-08 Acquired Commercial Bank Of Florida in Miami, Florida.
2007-12-13 Acquired Citrus And Chemical Bank in Bartow, Florida.
2008-06-10 Changed name to Colonial Bank .
2008-06-10 Changed institution class to Insured Commercial Banks, State, Not Members Of The Frs.
2008-06-10 Changed primary regulatory agency from Comptroller Of The Currency to Federal Deposit Insurance Corporation.
2009-08-14 Merged with government financial assistance and subsequently operated as part of Branch Banking and Trust Company in Winston Salem, North Carolina.
2009-08-14 FDIC closing information for Colonial Bank : http://www.fdic.gov/bank/individual/failed/colonial-al.html.

Total assets: $147,013,000
Total deposits: $133,322,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-2746

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