Community National Bank

Status:Inactive as of 12/30/2006
 Consolidated - Without Assistance
Successor Bank:Carter Bank & Trust
Headquarters:Community National Bank
222 Main Street
South Boston, VA 24592
Established:10/11/1985
FDIC Insurance:10/11/1985
FDIC Cert:#26425
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$245,213,000
Total Deposits:$220,961,000

History

1985-10-11Institution established: Original name:South Boston Bank
1995-12-31Changed primary regulatory agency from FEDERAL RESERVE BOARD to COMPTROLLER OF THE CURRENCY
1995-12-31Changed name to Community National Bank
2006-12-30Institution established: Original name:Carter Bank & Trust (58596)
2006-12-30Acquired Shenandoah National Bank (34199) in STAUNTON, VA
2006-12-30Acquired Patriot Bank, National Association (34201) in FREDERICKSBURG, VA
2006-12-30Acquired Patrick Henry National Bank (22359) in BASSETT, VA
2006-12-30Acquired First National Exchange Bank (34645) in ROANOKE, VA
2006-12-30Acquired Mountain National Bank (34198) in GALAX, VA
2006-12-30Acquired First National Bank (21853) in ROCKY MOUNT, VA
2006-12-30Acquired Peoples National Bank (22371) in DANVILLE, VA
2006-12-30Acquired Community National Bank in SOUTH BOSTON, VA
2006-12-30Acquired Central National Bank (34200) in LYNCHBURG, VA
2006-12-30Acquired Blue Ridge Bank, National Association (24123) in FLOYD, VA
2006-12-30Merged into and subsequently operated as part of Carter Bank & Trust (58596) in MARTINSVILLE, VA

Financial Information (2006-09-30 and Older)