South Bay Bank

Status:Inactive as of 06/19/2007
 Merger - Without Assistance
Successor Bank:TIB
Headquarters:South Bay Bank
2200 Sepulveda Boulevard
Torrance, CA 90510
Established:04/28/1982
FDIC Insurance:04/28/1982
FDIC Cert:#23786
Charter Class:Commercial bank, national (federal) charter and Fed member, supervised by the Office of the Comptroller of the Currency (OCC)
Total Assets:$253,621,000
Total Deposits:$154,807,000

History

1982-04-28Institution established: Original name:South Bay Bank
1998-05-08Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to COMPTROLLER OF THE CURRENCY
1998-05-08Changed name to South Bay Bank, National Association
2001-12-14Reorganized.
2007-06-19Merged into and subsequently operated as part of TIB The Independent Bankersbank (23647) in IRVING, TX
2010-01-13Acquired Independent Bankers' Bank Bridge Bank, National Association (59021) in SPRINGFIELD, IL as part of a government assisted transaction.
2010-11-30Reorganized.
2012-12-30Reorganized.
2014-09-22Moved bank headquarters from IRVING, TX to FARMERS BRANCH, TX
2017-05-31Changed institution class to INSURED COMMERCIAL BANK, NATIONAL, MEMBER FRS
2017-05-31Changed name to TIB The Independent Bankersbank, National Association (23647)
2021-07-01Changed name to TIB National Association.

Financial Information (2007-03-31 and Older)