The Commonwealth Bank

Status:Inactive as of 06/06/2003
 Merger - Without Assistance
Successor Bank:First Community Bank
Headquarters:The Commonwealth Bank
9310 Midlothian Turnpike
Richmond, VA 23235
Established:04/30/1986
FDIC Insurance:04/30/1986
FDIC Cert:#26663
Charter Class:Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB)
Total Assets:$151,064,000
Total Deposits:$119,075,000

History

1986-04-30Institution established: Original name:The Commonwealth Bank
2003-05-28Moved bank headquarters from CHESTERFIELD COUNTY, VA to RICHMOND, VA
2003-06-06Merged into and subsequently operated as part of First Community Bank, National Association (13012) in BLUEFIELD, VA
2004-04-01Acquired People's Community Bank (34104) in JOHNSON CITY, TN
2008-11-14Acquired Mooresville Savings Bank, SSB (29873) in MOORESVILLE, NC
2009-07-31Acquired TriStone Community Bank (57854) in WINSTON SALEM, NC
2011-06-28Changed name to First Community Bank (13012)
2011-06-28Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS
2012-06-01Acquired Peoples Bank of Virginia (57364) in RICHMOND, VA
2012-06-08Acquired Waccamaw Bank (34515) in WHITEVILLE, NC as part of a government assisted transaction.
2019-12-31Acquired Highlands Union Bank (26191) in ABINGDON, VA

Financial Information (2003-03-31 and Older)