Department of Banking and Finance bulletin, Jan. 31, 2005

. . . .BULLETIN. . . .BULLETIN. . . .BULLETIN. . . .BULLETIN. . . .
STATE OF GEORGIA

DEPARTMENT OF BANKING AND FINANCE
2990 Brandywine Road, Suite 200 Atlanta, Georgia 30341-5565
DAVID G. SORRELL, COMMISSIONER

Phone: (770) 986-1633

Fax: (770) 986-1655

Internet Address: http://www.gadbf.org
January 31, 2005
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 January 2005.

IN THIS ISSUE: Uniform Bank Performance Report (UBPR) for Individual Banks Now Available

1

APPLICATIONS FOR NEW FINANCIAL INSTITUTION

FINANCIAL INSTITUTION
Northside Bank State Route 140 Adairsville, GA 30103 Bartow County

CAPITALIZATION
$ 10,000,000

APPROVAL DATE
Pending

BEGIN BUSINESS DATE

Sentry State Bank 245 Perimeter Center Parkway, Suite 600 Atlanta, GA 30346 DeKalb County

$ 35,000,000

Pending

Hometown Community Bank 6700 Highway 53 Braselton, GA 30517 Jackson County

$ 7,500,000

Pending

Georgia Heritage Bank 3754 Hiram-Acworth Highway, Suite A Dallas, GA 30132 Paulding County

$ 10,000,000

Pending

Peach State Bank & Trust 325 Washington Street Gainesville, GA 30501 Hall County

$ 12,000,000

01-14-2005

Cornerstone Bank of Georgia Highway 138 & Spring Street Monroe, GA 30655 Walton County

$ 11,750,000

Pending

American Southern Bank 1450 Mansell Road Roswell, GA 30076 Fulton County

$ 8,000,000

Pending

PREVIOUS NAME
HeritageBank of the South
The Buckhead Community Bank, NA

FINANCIAL INSTITUTION CONVERSIONS

CONVERTED TO
HeritageBank of the South Albany Dougherty County

APPROVAL DATE
12-21-2004

The Buckhead Community Bank Atlanta Fulton County

Pending

EFFECTIVE DATE
01-01-2005

APPLICATIONS TO ESTABLISH A BRANCH OFFICE

FINANCIAL INSTITUTION
Dorsey State Bank Abbeville

BRANCH OFFICE
McDonough Branch Office GA Highway 20 & Westridge Parkway McDonough, GA 30253 Henry County

APPROVAL DATE
01-19-2005

BEGIN BUSINESS
DATE

2

FINANCIAL INSTITUTION
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
SunTrust Bank Atlanta
Community Bank & Trust Cornelia
First Intercontinental Bank Doraville
Crescent Bank and Trust Company Jasper

BRANCH OFFICE
Cortez Road Wal-Mart Branch Office 5315 Cortez Road West Bradenton, FL 34210 Manatee County
Cocoa Wal-Mart Branch Office 2800 Clearlake Road Cocoa, FL 32922 Brevard County
Lovejoy Wal-Mart Money Center Branch Office 11449 Tara Boulevard Hampton, GA 30228 Henry County
Gannett Branch Office 7950 Jones Branch Road McLean, VA 22102 Fairfax County
Ocoee Wal-Mart Branch Office 10500 West Colonial Drive Ocoee, FL 34761 Orange County
Maximo Wal-Mart Branch Office 3501 34th Street St. Petersburg, FL 33716 Pinellas County
Parkway Wal-Mart Money Center Branch Office 2535 Apalachee Parkway Tallahassee, FL 32311 Leon County
Bells Ferry Wal-Mart Money Center Branch Office 6435 Bells Ferry Road Woodstock, GA 30189 Cherokee County
Winder Branch Office 4 Mimosa Street Winder, GA 30680 Barrow County
Sugarloaf Branch Office 1291 Old Peachtree Road Duluth, GA 30097-5136 Gwinnett County
North Bartow Branch Office 21 Eagle Parkway Adairsville, GA 30103 Bartow County

APPROVAL DATE
01-06-2005

BEGIN BUSINESS
DATE

01-06-2005

01-26-2005

11-22-2004

01-26-2005

07-16-2001

10-15-2001

01-06-2005

12-02-2004

01-26-2005

01-18-2005

11-22-2004

01-26-2005

09-15-2004

01-21-2005

01-18-2005

01-10-2005

3

FINANCIAL INSTITUTION
Fidelity Bank Norcross
Guardian Bank Valdosta
Darby Bank & Trust Co. Vidalia
The Peoples Bank Winder
FINANCIAL INSTITUTION
SunTrust Bank Atlanta
Darby Bank & Trust Co. Vidalia
PREVIOUS NAME
Peoples Community Bank Colquitt
PROPOSED NAME
Eastside Commercial Bank

BRANCH OFFICE
Sugarloaf Branch Office 1142 Old Peachtree Road Duluth, GA 30097-5105 Gwinnett County
Norman Drive Branch Office 246 Norman Drive Valdosta, GA 31601 Lowndes County
Maple Drive Branch Office 105 Maple Drive Vidalia, GA 30474 Toombs County
Chateau Elan Branch Office 2085 Highway 211, NW Braselton, GA 30517 Barrow County

APPROVAL DATE
01-18-2005

BEGIN BUSINESS
DATE

01-07-2005

01-30-2004

10-04-2004

12-27-2002

07-01-2004

APPLICATIONS TO CHANGE LOCATION

From: To:

CHANGE LOCATION OF
Dolly Parton Parkway Branch Office 215 Court Avenue Sevierville TN 37862 Sevier County 601 Dolly Parton Parkway Sevierville TN 37862 Sevier County

APPROVAL DATE
12-27-2004

From: To:

Garden City Branch Office 216 West U.S. Highway 80 Savannah GA 31408 Chatham County Westside Branch Office 145 Pooler Parkway Pooler GA 31322 Chatham County

01-20-2005

EFFECTIVE DATE
01-14-2005

NOTICE OF CHANGE IN NAME
NEW NAME
PCB, The Community Bank

APPROVAL DATE
Pending

EFFECTIVE DATE

APPLICATIONS FOR RESERVATION OF A NAME

COUNTY
Rockdale County

APPLICANT
Ms. Rebecca Saferstein, Paralegal Smith, Gambrell & Russell, LLP 1230 Peachtree Street NE, Suite 310 Atlanta, GA 30309-3592

4

PROPOSED NAME
Neighborhood Community Bank
The Walton Bank
FINANCIAL INSTITUTION (SURVIVOR)
SunTrust Bank Atlanta, GA SunTrust Bank Atlanta, GA United Community Bank Blairsville, GA Peoples Community Bank Colquitt, GA Peoples Community Bank Colquitt, GA Crescent Bank and Trust Company Jasper, GA

COUNTY
Coweta County

APPLICANT
Mr. James B. Kimsey, President Newnan Coweta Bank 145 Millard Farmer Industrial Boulevard Newnan, GA 30263

Walton County

Mr. Byron Richardson, Principal BankResources, Inc. 2451 Cumberland Parkway, Suite 3618 Atlanta, GA 30339-6157

FINANCIAL INSTITUTION MERGERS
MERGED INSTITUTION
National Bank of Commerce Memphis, TN
SunTrust BankCard, National Association Orlando, FL

APPROVAL DATE
01-24-2005

EFFECTIVE DATE

01-24-2005

Liberty National Bank Conyers, GA
Peoples Community Bank Columbia, AL

Pending Pending

PCB, The Community Bank Malone, FL

Pending

Futurus Bank, N. A. Alpharetta, GA

Pending

GE Capital Consumer Card Co. Mason, OH

Monogram Credit Card Bank of Georgia Alpharetta, GA

01-31-2005

Associated Credit Union Norcross, GA

American Heritage Credit Union Ellenwood, GA

10-04-2004

01-01-2005

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 Trust Bancshares, Inc. Buford, GA
Capitol Bancorp Limited Lansing, MI
FirstBank Financial Services, Inc. McDonough, GA
Enterprise Banking Company, Inc. Stockbridge, GA

Georgia Trust Bank (IO) Buford, GA
Peoples State Bank Jeffersonville, GA
First Bank of Henry County McDonough, GA
Dorsey State Bank Abbeville, GA

01-19-2005 Pending
01-10-2005 01-19-2005

5

BANK HOLDING COMPANY
ACQUISITIONS CompuCredit Corporation Atlanta, GA
Synovus Financial Corp. Columbus, GA

TO ACQUIRE
Sentry State Bank (IO) Atlanta, GA
Cohutta Banking Company of Tennessee (IO) Chattanooga, TN

APPROVAL DATE
Pending
Pending

CITY
Norcross Clarkston Norcross Riverdale Duluth Atlanta Duluth Atlanta Calhoun Brunswick Conyers LaGrange Atlanta Conley Atlanta

CHECK CASHER LICENSES ISSUED

APPLICANT NAME
* ATF, LLC * Abai Liquor Store, Inc. * Azkar, Inc.
Bibi Enterprises, Inc. Chong, Yon S. * Corner Shop, Inc. * Duluth Package Store Incorporated * M&E Food, Inc. * Mejia, Elena * Norman R. Stuckey, Inc. Rong's Enterprises, Inc. * Sawja Investments, Inc. * Thurston, Hye Son Trend Stitchers International, Inc. * Yun Corporation

TRADE NAME
ATF Lulu's Package Store Shell Food Mart Real Check Cashing Check Cash Plus 21 Corner Shop Duluth Package Store J&C Food Mart El Rodeo City Finance Company USA Package Store #2 Jr. Food Store Easy Shop Conoco Truck Stop Denny's Super Save

* =Registered Exempt (O.C.G.A. 7-1-709)

MONEY TRANSMITTER
Jamaica National Overseas (USA) Inc. Brooklyn, NY

MONEY TRANSMITTER LICENSES ISSUED
APPROVAL DATE
01-20-2005

NOTICES

Uniform Bank Performance Report (UBPR) for Individual Banks Now Available
The December 31, 2004 UBPR will be available almost one month earlier for many individual banks. Beginning January 28, 2005, UBPR reports are being posted to the web site http://www2.fdic.gov/ubpr/BankList/Default.asp after the underlying Call Report data has been reviewed. Please note that peer statistics for December 31, 2004 will only be available after February 25, 2005.
Back to Top

6