Georgia Bank & Trust

Georgia Bank & Trust Company was a bank based in Augusta, Georgia. It was a subsidiary of Southeastern Bank Financial Corporation, a bank holding company. It was the largest bank headquartered in Augusta, Georgia and was second in market share in the city.[1] In 2017, the company was acquired by South State Corporation.

Georgia Bank & Trust Company
IndustryBanking
FoundedAugust 28, 1989 (August 28, 1989)
DefunctJanuary 4, 2017 (January 4, 2017)
FateAcquired by South State Corporation
HeadquartersAugusta, Georgia
Key people
Total assetsIncrease $1.9 billion (2016)[1]

History

The bank was founded on August 28, 1989.[2][1]

In 1997, R. Daniel Blanton was named chief executive officer of the bank.[3]

In 2002, the bank reached $500 million in assets.[3]

In 2006, the bank reached $1 billion in assets.[3]

In October 2016, Jay B. Forrester was named president of the company.[4]

In 2017, the company was acquired by South State Corporation.[5]

References

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