Florida – Miami-Dade – Miami
(SM) Commercial bank, state charter & Fed member
inactive
Florida
Miami-Dade
Miami
(SM) Commercial bank, state charter & Fed member
inactive
26289
1985
FDIC Certificate Number: 26289
FDIC's unique number: 32686
The FDIC Field Office where an institution is physically located: South Florida
Federal Reserve ID Number: 808037
Report Date: 2001-09-30
Bank Charter Class: SM
The date of the last data update: 2002-02-14
1985-07-01 Institution established. Original name: Grovegate Bank.
1992-05-15 Changed name to Panamerican Bank .
2001-12-31 Merged into and subsequently operated as part of Southern Security Bank in Hollywood, Florida.
2002-01-18 Changed name to Panamerican Bank .
2004-02-18 Moved bank headquarters from Hollywood, Florida to Miami, Florida.
2006-01-20 Changed name to Sun American Bank .
2006-12-30 Moved bank headquarters from Miami, Florida to Boca Raton, Florida.
2006-12-30 Acquired Beach Bank in Miami Beach, Florida.
2007-03-31 Acquired Independent Community Bank in Tequesta, Florida.
2010-03-05 Merged with government financial assistance and subsequently operated as part of First-Citizens Bank & Trust Company in Raleigh, North Carolina.
2010-03-05 FDIC closing information for
Sun American Bank : http://www.fdic.gov/bank/individual/failed/sunamerican.html.
2011-01-21 Acquired United Western Bank in Denver, Colorado as part of a government assisted transaction.
2011-07-08 Acquired Colorado Capital Bank in Castle Rock, Colorado as part of a government assisted transaction.
Total assets: $33,058,000
Total deposits: $28,288,000
Last updated on: 2011-10-20
No affiliations
No associations
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Profile ID: LFUS-BAB-P-24654