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The bank changed its name to Southern Bank and Trust Company on March 1, 1967, to reflect a more regional presence. The Home Office of the Bank is located at 116 East Main Street, Mount Olive, North Carolina. Southern BancShares (N.C.), Inc., was founded and established as the holding company of Southern Bank on January 1, 1983.
In 1906, Lane and his associates purchased Southern Bank of Georgia enabling them to merge the two banks as the new C&S Bank. [4] The newly merged banks were officially named the Citizens and Southern Bank of Georgia. In 1922 Citizens and Southern absorbed Central Bank and Trust Corp., the bank founded by Coca-Cola co-founder Asa Griggs Candler ...
Early in 1993, Southern National completed its purchase of First Federal Savings Bank in Winston-Salem, [11] putting Southern National behind only Wachovia in Forsyth County deposits. Southern National had $4.5 billion in assets, $3.9 billion of those in North Carolina, and was the state's sixth largest banking company.
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Bank of the Carolinas of Mocksville, North Carolina: $64.7 million Additional assets in North Carolina [27] 15 July 2016: Community & Southern Bank $799.6 million $4.4 billion of total assets, $3.0 billion of loans and $3.7 billion of deposits [28] [29] 16 July 2016: C1 Financial: $402.5 million
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