North Carolina – Gaston – Gastonia
(SA) Savings associations, state or federal charter
active
www.citizenssouth.com
North Carolina
Gaston
Gastonia
(SA) Savings associations, state or federal charter
active
28833
1904
FDIC Certificate Number: 28833
FDIC's unique number: 41667
The FDIC Field Office where an institution is physically located: Charlotte
Federal Reserve ID Number: 397175
Report Date: 2011-06-30
Bank Charter Class: SA
OCC Charter Number: 702E3
Number of Domestic Offices: 21
Number of Foreign Offices: 0
The date of the last data update: 2011-07-21
1904-01-01 Institution established. Original name: Gaston Federal Savings And Loan Association.
1982-05-31 Acquired Mount Holly Federal Savings And Loan Association in Mount Holly, North Carolina.
1998-04-09 Changed name to Gaston Federal Bank .
1998-04-09 Changed organization type to Stock Savings Bank.
2001-12-31 Acquired Citizens Bank, Inc. in Salisbury, North Carolina.
2002-03-11 Changed name to Citizens South Bank .
2005-10-31 Acquired Trinity Bank in Monroe, North Carolina.
2010-03-19 Acquired Bank Of Hiawassee in Hiawassee, Georgia as part of a government assisted transaction.
2011-04-15 Acquired New Horizons Bank in East Ellijay, Georgia as part of a government assisted transaction.
2011-07-21 Changed primary regulatory agency from Office Of Thrift Supervision to Comptroller Of The Currency.
Total assets: $1,117,779,000
Total deposits: $906,361,000
Deposits held in domestic offices: $906,361,000
Equity capital: $106,657,000
Net income: $1,823,000
Return on Assets: 0.34
Return on Equity: 3.48
Last updated on: 2011-10-20
Citizens South Bank - Belmont Branch
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Profile ID: LFUS-BAB-P-26953