The 1,805 citizens of Latta, S.C., are about to get back their hometown bank - though in a highly unorthodox way.

Six years ago, $19 billion-asset SouthTrust Corp. of Birmingham, Ala., bought Latta's only locally based bank as a jumping off point into South Carolina. From Latta Bank and Trust Co., SouthTrust grew its South Carolina operations to its current $325 million of assets.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.