Sarasota Bank

Details Sarasota Bank Sarasota Bank

www.sarasotabank.com

Florida

Sarasota

Sarasota

(NM) Commercial bank, state charter and Fed nonmember

inactive

33644

1992

FDIC Certificate Number: 33644
FDIC's unique number: 47725
The FDIC Field Office where an institution is physically located: Tampa

Federal Reserve ID Number: 1988730
Report Date: 2003-09-30

Bank Charter Class: NM
The date of the last data update: 2004-01-22

1992-09-15 Institution established. Original name: Sarasota Bank.
2003-12-04 Merged into and subsequently operated as part of Colonial Bank, National Association in Montgomery, Alabama.
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: $186,965,000
Total deposits: $153,305,000
Last updated on: 2011-10-20

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