Department of Banking and Finance bulletin, May 31, 2000

STATE OF GEORGIA

DEPARTMENT OF BANKING AND FINANCE
STEVEN D. BRIDGES, COMMISSIONER

Phone: (770) 986-1633

Fax: (770) 986-1655

Internet Address: http://www.state.ga.us/dbf/
May 31, 2001
The following is a summary of official action taken on applications by State Financial Institutions under Chapter 7-1 of the Code of Georgia and petitions for Certificate of Incorporation of Financial Institutions and other matters of interest during the month of May 2001. IN THIS ISSUE: Department Publications Recently Posted to our Website

APPLICATIONS FOR NEW FINANCIAL INSTITUTION

FINANCIAL INSTITUTION Prime Bank 3423 Piedmont Road Suite 125 Atlanta, GA 30305 Fulton County

CAPITALIZATION APPROVAL DATE BEGIN BUSINESS DATE

$ 8,500,000

Pending

New South Bank 4077 Forsyth Street Macon, GA 31210 Bibb County

$ 7,000,000

Pending

Guardian Bank 701 Wildwood Plantation Drive Valdosta, GA 31602 Lowndes County

$ 4,500,000

12-07-2000

05-01-2001

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

FINANCIAL INSTITUTION Bank of North Georgia Alpharetta

BRANCH OFFICE Buckhead Branch Office 11 Piedmont Center Suite 110 Atlanta, GA 30305 Fulton County

APPROVAL DATE
05-25-2001

BEGIN BUSINESS
DATE

SunTrust Bank Atlanta

Bethany Village In-Store Branch Office 13800 Highway 9, Suite E Alpharetta, GA 30004 Fulton County

03-29-2001 05-31-2001

SunTrust Bank Atlanta

Publix on Ponce Branch Office 1001 Ponce de Leon Avenue Atlanta, GA 30308 Fulton County

01-27-2000 05-24-2001

SunTrust Bank Atlanta

Good Hope Marketplace Branch Office 2845 Alabama Avenue, SE Washington, DC 20020

05-04-2001

Georgia Bank & Trust Company of Augusta Augusta

Fury's Ferry Branch Office
409 Fury's Ferry Road Martinez, GA 30907 Columbia County

Cohutta Banking Company Chatsworth

Old Chattanooga Road Branch Office 1501 North Thornton Avenue Dalton, GA 30720 Whitfield County

Community Bank & Trust Cornelia

Kroger #437 Branch Office 3630 Thompson Bridge Gainesville, GA 30506 Hall County

Chestatee State Bank Dawsonville

Foothills Branch Office 34 Holcomb Way Marble Hill, GA 30148 Pickens County

Colony Bank of Fitzgerald Fitzgerald

Warner Robins Branch Office South Houston Lake Road and Chilton Place Warner Robins, GA 31088 Houston County

Riverside Bank Marietta

East Paces Ferry Branch Office 334 East Paces Ferry Road Atlanta, GA 30305 Fulton County

Southern Bank Sardis

Rowland House Branch Office 855 Liberty Street Waynesboro, GA 30830 Burke County

Community Bank of the South Smyrna

Dallas Highway Branch Office 3596 Dallas Highway Marietta, GA 30064 Cobb County

11-03-2000 05-29-2001 05-02-2000 05-04-2001 03-28-2001 05-17-2001 03-03-2000 05-21-2001 05-17-2001 05-29-2001 10-24-2000 05-07-2001 05-07-2001

The First State Bank Stockbridge
Guardian Bank Valdosta
The Park Avenue Bank Valdosta

Crumbley Road Branch Office State Route 155 and Crumbley Road Stockbridge, GA Henry County
North Ashley Branch Office 1906 North Ashley Street Valdosta, GA 31602 Lowndes County
Richmond Hill Branch Office 1925 Highway 17 Richmond Hill, GA 31324 Bryan County

05-01-2001 12-07-2000 05-01-2001 05-24-2001

FINANCIAL INSTITUTION Community First Bank
Carrollton

APPLICATIONS TO CHANGE LOCATION

CHANGE LOCATION OF Hiram Branch Office From: 4166 Jimmy Lee Smith Parkway Suite F Hiram 30141 Paulding County To: 5071 Jimmy Lee Smith Parkway Hiram 30141 Paulding County

APPROVAL DATE
12-20-2000

EFFECTIVE DATE 03-05-2001

Peoples Bank of West Georgia

Villa Rica Crossing Branch Office

Carrollton

From: 664 West Bankhead Highway

Suite 2-C

Villa Rica 30180

To: 485 West Bankhead Highway

Villa Rica 30180

Carroll County

04-20-2001

05-24-2001

APPLICATIONS FOR RESERVATION OF A NAME

PROPOSED NAME C & S Bank
Citizens & Southern Bank
Piedmont Banc
Amended United Commercial Bank

COUNTY Chatham County

APPLICANT Mr. Byron Richardson Principal Bank Resources, Inc. 4290 Bells Ferry Rd, Ste 106-36 Kennesaw, GA 30144

Chatham County

Mr. Byron Richardson Principal Bank Resources, Inc. 4290 Bells Ferry Rd., Ste 106-36 Kennesaw, GA 30144

Fulton County

Mr. Richard T. Hills Attorney Womble Carlyle Sandridge & Rice 1201 W Peachtree St N.E. Atlanta, GA 30309

Fulton County

Mr. Robert A. Calvert, Jr. Principal & Owner Calvert Consulting P. O. Box 768711 Rowell, GA 30076

FINANCIAL INSTITUTION MERGERS

FINANCIAL INSTITUTION (SURVIVOR)
Community First Bank
Carrollton

MERGED INSTITUTION Douglas Federal Bank
Douglasville

APPROVAL EFFECTIVE

DATE

DATE

05-18-2001 05-23-2001

The Park Avenue Bank Valdosta

Friendship Community Bank Ocala, FL

Pending

Branch Banking and Trust Company Winston-Salem, NC

Hardwick Bank & Trust Company Dalton

05-09-2001 05-11-2001

Branch Banking and Trust Company Winston-Salem, NC

Metter Banking Company Metter

05-09-2001 05-11-2001

Branch Banking and Trust Company Winston-Salem, NC

First Bulloch Bank & Trust Company Statesboro

05-09-2001 05-11-2001

APPLICATIONS TO BECOME A BANK HOLDING COMPANY AND/OR TO ACQUIRE VOTING STOCK OF A FINANCIAL INSTITUTION

BANK HOLDING COMPANY TO ACQUIRE

APPROVAL DATE

FORMATIONS Georgia Banking Company, Inc. Atlanta, GA

Georgia Banking Company (In Organization) Atlanta, GA

Pending

Reliance Financial Corporation Atlanta, GA

Reliance Trust Company Atlanta, GA

05-25-2001

Georgia Bancshares, Inc. Fayetteville, GA

The Bank of Georgia Fayetteville, GA

05-15-2001

ACQUISITIONS Summit Bank Corporation Atlanta, GA

Global Commerce Bank Doraville, GA

Rescinded 05-09-2001

GB&T Bancshares, Inc. Gainesville, GA

Community Trust Bank Hiram, GA

05-17-2001

Persons Banking Company, Inc. Lithonia, GA

The Farmers Bank Forsyth, GA

05-16-2001

ABC Bancorp Moultrie, GA

The First Bank of Brunswick Brunswick, GA

05-29-2001

CHECK CASHER LICENSES ISSUED

CITY Riverdale Marietta Waycross Atlanta Smyrna Conyers Sugar Hill Stone Mountain Roswell Smyrna Doraville

APPLICANT NAME Cellular Z, Inc. Chong, Kyong H. Collins, Pamela Jean Crown Global Investments, Inc. ET Group, Inc. Kim, Myung S. Lee, Kyong O. Mahal Corporation Peach State Capital, Inc. Stone Improvements Corp. Universal Express, Inc.

TRADE NAME Cellular Z Pager Stop & Shop Edd's Package Avenue Newsstand NBI Check Cashing - So. Cobb Sunrise Sugar Hill Convenience Store Beverage Club Shell Food Mart Check King Universal Express

N O T I C E
DEPARTMENT PUBLICATIONS RECENTLY POSTED TO OUR WEBSITE
The Department's 2000 Annual Report was recently posted to our website. The Report is available for viewing or downloading in Adobe PDF format at the following Internet address: http://www.state.ga.us/dbf/publications.html.
In addition, the Department has recently revised the Bank Director Handbook and the Credit Union Director Handbook. These publications have been posted to the Department's website at the following address: http://www.state.ga.us/dbf/publications.html.
The Internet version of these Handbooks is available in either Microsoft Word or Adobe PDF format (8.5 x 11 in. - letter size) and can be viewed or downloaded from our website. Each financial institution will be provided with two (2) hard copies of the Director Handbook for their use.
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