State Bank and Trust Company
History Of State Bank and Trust Company
State Bank and Trust Company was established on October 3, 2005. Over the years, the bank expanded its reach and assets through a series of acquisitions. Notable mergers included those with Security Bank of Bibb County, Security Bank of Houston County, Security Bank of Jones County, and several others, all conducted as part of government-assisted mergers in July 2009. The bank continued to grow through additional acquisitions, including The National Bank of Georgia and S Bank, both completed on December 31, 2016. In a significant change, the institution adopted the name State Bank and Trust Company on the same day. On January 1, 2019, State Bank and Trust Company merged with Cadence Bank, N.A., further solidifying its position in the financial sector. Subsequently, on October 29, 2021, it changed its name to Cadence Bank and merged with BancorpSouth Bank, enhancing its operational footprint in the banking industry.
Below is a list of some important events in banks history, including mergers and acquisitions.
2005-10-03Institution established. Original name: State Bank and Trust Company.
2009-07-24Acquired Security Bank of Bibb County in Macon, GA as part of a government assisted merger.
2009-07-24Acquired Security Bank of Houston County in Perry, GA as part of a government assisted merger.
2009-07-24Acquired Security Bank of Jones County in Gray, GA as part of a government assisted merger.
2009-07-24Acquired Security Bank of Gwinnett County in Suwanee, GA as part of a government assisted merger.
2009-07-24Acquired Security Bank of North Metro in Woodstock, GA as part of a government assisted merger.
2009-07-24Acquired Security Bank of North Fulton in Alpharetta, GA as part of a government assisted merger.
2009-08-19Main Office moved to 4219 Forsyth Road, Macon, GA 31210.
2009-12-04Acquired The Buckhead Community Bank in Atlanta, GA as part of a government assisted merger.
2009-12-04Acquired First Security National Bank in Norcross, GA as part of a government assisted merger.
2010-07-30Acquired Northwest Bank & Trust in Acworth, GA as part of a government assisted merger.
2010-12-17Acquired United Americas Bank, National Association in Atlanta, GA as part of a government assisted merger.
2011-10-14Acquired Piedmont Community Bank in Gray, GA as part of a government assisted merger.
2011-10-21Acquired Community Capital Bank in Jonesboro, GA as part of a government assisted merger.
2014-10-01Acquired Bank of Atlanta in Atlanta, GA.
2015-07-24Acquired First Bank of Georgia in Augusta, GA.
2016-12-31Acquired S Bank in Glennville, GA.
2016-12-31Acquired The National Bank of Georgia in Athens, GA.
2016-12-31Changed Institution Name to State Bank and Trust Company.
2017-09-30Acquired AloStar Bank of Commerce in Birmingham, AL.
2019-01-01Merged and became part of Cadence Bank, N.a. in Atlanta, GA.
2021-10-29Merged and became part of BancorpSouth Bank (11813) in Tupelo, MS.
2021-10-29Changed Institution Name to Cadence Bank.
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