Mountain National Bank

Status:Inactive as of 12/30/2006
 Consolidated - Without Assistance
Successor Bank:Carter Bank & Trust
Headquarters:Mountain National Bank
543 East Stuart Drive
Galax, VA 24333
Established:07/01/1996
FDIC Insurance:07/01/1996
FDIC Cert:#34198
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$240,479,000
Total Deposits:$223,700,000

History

1996-07-01Institution established: Original name:Mountain 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 Patrick Henry National Bank (22359) in BASSETT, VA
2006-12-30Acquired Patriot Bank, National Association (34201) in FREDERICKSBURG, VA
2006-12-30Acquired Mountain National Bank in GALAX, VA
2006-12-30Acquired First National Bank (21853) in ROCKY MOUNT, VA
2006-12-30Acquired First National Exchange Bank (34645) in ROANOKE, VA
2006-12-30Acquired Community National Bank (26425) in SOUTH BOSTON, VA
2006-12-30Merged into and subsequently operated as part of Carter Bank & Trust (58596) in MARTINSVILLE, VA
2006-12-30Acquired Peoples National Bank (22371) in DANVILLE, VA
2006-12-30Acquired Central National Bank (34200) in LYNCHBURG, VA
2006-12-30Acquired Blue Ridge Bank, National Association (24123) in FLOYD, VA

Financial Information (2006-09-30 and Older)