Sun American Bank

Details Sun American Bank Sun American Bank

Florida

Palm Beach

Boca Raton

(SM) Commercial bank, state charter & Fed member

inactive

27126

1987

FDIC Certificate Number: 27126
FDIC's unique number: 38828
The FDIC Field Office where an institution is physically located: South Florida

Federal Reserve ID Number: 1160732
Report Date: 2009-12-31

Bank Charter Class: SM
The date of the last data update: 2010-03-09

1987-12-04 Institution established. Original name: Florida First International Bank.
1994-01-25 Changed name to Southern Security Bank Of Hollywood .
1997-11-03 Changed name to Southern Security Bank .
2001-12-31 Acquired Panamerican Bank in Miami, 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 Acquired Beach Bank in Miami Beach, Florida.
2006-12-30 Moved bank headquarters from Miami, Florida to Boca Raton, 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: $535,724,000
Total deposits: $443,481,000
Last updated on: 2011-10-20

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Profile ID: LFUS-BAB-P-12359