Putnam State Bank

Status:Inactive as of 06/15/2012
 Absorption - Assisted
Successor Bank:Harbor Community Bank
Headquarters:Putnam State Bank
350 State Road 19, North
Palatka, FL 32177
Established:12/29/1988
FDIC Insurance:12/29/1988
FDIC Cert:#27405
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$169,489,000
Total Deposits:$160,024,000

History

1988-12-29Institution established: Original name:Putnam State Bank
2012-06-15Failed. Acquired with government financial assistance and subsequently operated as part of Harbor Community Bank (18149)
2013-08-29Acquired Bank of St. Augustine (34413) in SAINT AUGUSTINE, FL
2014-10-25Acquired Highlands Independent Bank (26428) in SEBRING, FL
2015-05-09Acquired First America Bank (57722) in BRADENTON, FL
2015-07-24Moved bank headquarters from PALATKA, FL to FORT PIERCE, FL
2015-12-05Acquired Florida Citizens Bank (34869) in GAINESVILLE, FL
2017-07-28Acquired Jefferson Bank of Florida (58672) in OLDSMAR, FL
2018-01-01Acquired Harbor Community Bank (18149) in FORT PIERCE, FL
2018-01-01Acquired Sunshine Bank (30750) in PLANT CITY, FL
2018-01-01Merged into and subsequently operated as part of CenterState Bank, National Association (33555) in WINTER HAVEN, FL
2018-09-01Acquired CharterBank (30720) in WEST POINT, GA
2019-04-01Acquired National Bank of Commerce (57764) in BIRMINGHAM, AL
2020-06-08Changed name to South State Bank, National Association (33555)
2020-06-08Acquired South State Bank (13425) in COLUMBIA, SC

Financial Information (2012-03-31 and Older)