Sun American Bank
Status: | Inactive as of 03/05/2010 |
Absorption - Assisted | |
Successor Bank: | First-Citizens Bank & Trust Company |
Headquarters: | Sun American Bank 9293 Glades Road Boca Raton, FL 33434 |
Established: | 12/04/1987 |
FDIC Insurance: | 12/04/1987 |
FDIC Cert: | #27126 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $535,724,000 |
Total Deposits: | $443,481,000 |
History
1987-12-04 | Institution established: Original name:Florida First International Bank | |
1994-01-25 | Changed name to Southern Security Bank of Hollywood | |
1997-11-03 | Changed name to Southern Security Bank | |
2001-12-31 | Acquired Panamerican Bank (26289) in MIAMI, FL | |
2002-01-18 | Changed name to PanAmerican Bank | |
2004-02-18 | Moved bank headquarters from HOLLYWOOD, FL to MIAMI, FL | |
2006-01-20 | Changed name to Sun American Bank | |
2006-12-30 | Acquired Beach Bank (35051) in MIAMI BEACH, FL | |
2006-12-30 | Moved bank headquarters from MIAMI, FL to BOCA RATON, FL | |
2007-03-31 | Acquired Independent Community Bank (34649) in TEQUESTA, FL | |
2010-03-05 | Failed. Acquired with government financial assistance and subsequently operated as part of First-Citizens Bank & Trust Company (11063) | |
2011-01-07 | Acquired IronStone Bank (34340) in FORT MYERS, FL | |
2011-01-21 | Acquired United Western Bank (31293) in DENVER, CO as part of a government assisted transaction. | |
2011-07-08 | Acquired Colorado Capital Bank (34522) in CASTLE ROCK, CO as part of a government assisted transaction. | |
2014-01-01 | Acquired Mountain 1st Bank & Trust Company (57763) in HENDERSONVILLE, NC | |
2015-01-01 | Acquired First Citizens Bank and Trust Company, Inc. (15504) in COLUMBIA, SC | |
2015-02-13 | Acquired Capitol City Bank & Trust Company (33938) in ATLANTA, GA as part of a government assisted transaction. | |
2016-03-11 | Acquired North Milwaukee State Bank (20364) in MILWAUKEE, WI as part of a government assisted transaction. | |
2016-05-06 | Acquired First CornerStone Bank (35312) in KING OF PRUSSIA, PA as part of a government assisted transaction. | |
2016-09-01 | Acquired Bank of Virginia (57627) in MIDLOTHIAN, VA | |
2017-01-13 | Acquired Harvest Community Bank (34951) in PENNSVILLE, NJ as part of a government assisted transaction. | |
2017-05-05 | Acquired Guaranty Bank (30003) in MILWAUKEE, WI as part of a government assisted transaction. | |
2018-04-30 | Acquired HomeBanc (58194) in TAMPA, FL | |
2018-10-02 | Acquired Securant Bank & Trust (12515) in MENOMONEE FALLS, WI | |
2018-11-01 | Acquired Palmetto Heritage Bank & Trust (57880) in PAWLEYS ISLAND, SC | |
2019-04-01 | Acquired Biscayne Bank (57973) in COCONUT GROVE, FL | |
2019-05-01 | Acquired First South Bank (34222) in SPARTANBURG, SC | |
2019-12-31 | Acquired Entegra Bank (31445) in Franklin, NC | |
2020-02-01 | Acquired Gwinnett Community Bank (35249) in DULUTH, GA |