Monticello Bank

Status:Inactive as of 09/15/2007
 Absorption - Without Assistance
Successor Bank:CapitalSouth Bank
Headquarters:Monticello Bank
10696 St. Augustine Road
Jacksonville, FL 32257
Established:04/23/1986
FDIC Insurance:08/09/1989
FDIC Cert:#32472
Charter Class:Savings banks, state charter, supervised by the FDIC
Total Assets:$234,209,000
Total Deposits:$181,665,000

History

1986-04-23Institution established: Original name:Mandarin Federal Savings Bank
1986-07-31Changed name to First Trust Savings Bank, FSB
1995-11-21Changed name to Monticello Bank
2007-09-15Merged into and subsequently operated as part of CapitalSouth Bank (22130) in BIRMINGHAM, AL
2009-08-21Failed. Acquired with government financial assistance and subsequently operated as part of Iberiabank (28100)
2009-11-13Acquired Century Bank, a Federal Savings Bank (32267) in SARASOTA, FL as part of a government assisted transaction.
2009-11-13Acquired Orion Bank (22427) in NAPLES, FL as part of a government assisted transaction.
2010-07-23Acquired Sterling Bank (32536) in LANTANA, FL as part of a government assisted transaction.
2011-01-01Acquired IBERIABANK fsb (33538) in LITTLE ROCK, AR
2011-06-01Acquired Cameron State Bank (19541) in LAKE CHARLES, LA
2011-06-01Acquired Omni Bank (27397) in METAIRIE, LA
2012-08-01Acquired Florida Gulf Bank (57085) in FORT MYERS, FL
2014-06-01Acquired Teche Federal Bank (29028) in NEW IBERIA, LA
2014-07-01Acquired First Private Bank of Texas (58497) in DALLAS, TX
2015-03-01Acquired Florida Bank (26280) in TAMPA, FL
2015-04-01Acquired Old Florida Bank (24244) in ORLANDO, FL
2015-04-01Acquired New Traditions Bank (58822) in Orlando, FL
2015-06-01Acquired Georgia Commerce Bank (57521) in ATLANTA, GA
2017-08-01Acquired Sabadell United Bank, National Association (21837) in MIAMI, FL
2018-03-24Acquired Gibraltar Private Bank & Trust Co. (32212) in CORAL GABLES, FL
2020-07-02Merged into and subsequently operated as part of First Horizon Bank (4977) in MEMPHIS, TN

Financial Information (2007-06-30 and Older)