The Park Avenue Bank
Status: | Inactive as of 04/29/2011 |
Absorption - Assisted | |
Successor Bank: | Bank OZK |
Headquarters: | The Park Avenue Bank 3102 North Oak Street Extension Valdosta, GA 31602 |
Established: | 08/01/1956 |
FDIC Insurance: | 03/01/1968 |
FDIC Cert: | #19797 |
Charter Class: | Commercial bank, state charter and Fed member, supervised by the Federal Reserve (FRB) |
Total Assets: | $849,409,000 |
Total Deposits: | $724,483,000 |
History
1956-08-01 | Institution established: Original name:The Park Avenue Bank | |
2001-06-22 | Acquired Friendship Community Bank (27270) in OCALA, FL | |
2001-08-31 | Changed primary regulatory agency from FEDERAL DEPOSIT INSURANCE CORPORATION to FEDERAL RESERVE BOARD | |
2001-08-31 | Changed institution class to INSURED COMMERCIAL OR SAVINGS BANKS, STATE, MEMBERS FRS | |
2001-12-08 | Acquired Farmers and Merchants Bank (16672) in ADEL, GA | |
2002-01-12 | Acquired Eagle Bank and Trust (33312) in STATESBORO, GA | |
2002-03-09 | Acquired Baxley Federal Bank (29330) in BAXLEY, GA | |
2002-05-01 | Acquired First Community Bank of Southwest Georgia (29334) in BAINBRIDGE, GA | |
2011-04-29 | Acquired The Park Avenue Bank in VALDOSTA, GA as part of a government assisted transaction. | |
2011-04-29 | Acquired First Choice Community Bank (58539) in DALLAS, GA as part of a government assisted transaction. | |
2011-04-29 | Failed. Acquired with government financial assistance and subsequently operated as part of Bank of the Ozarks (110) | |
2013-01-01 | Acquired The Citizens Bank (59) in GENEVA, AL | |
2013-08-01 | Acquired The First National Bank of Shelby (4910) in SHELBY, NC | |
2014-03-06 | Acquired OMNIBANK, National Association (17325) in HOUSTON, TX | |
2014-05-17 | Acquired Summit Bank (34433) in ARKADELPHIA, AR | |
2015-02-11 | Acquired Intervest National Bank (35011) in NEW YORK, NY | |
2015-08-06 | Acquired Bank of the Carolinas (34903) in MOCKSVILLE, NC | |
2016-07-21 | Acquired Community & Southern Bank (59010) in ATLANTA, GA | |
2016-07-22 | Acquired C1 Bank (34092) in SAINT PETERSBURG, FL | |
2018-07-16 | Changed name to Bank OZK (110) | |
2020-06-15 | Moved bank headquarters from VALDOSTA, GA to Little Rock, AR |