The Graveyard › Banks › 2012
Central Bank of Georgia
Ellaville, GA · failed February 24, 2012 · FDIC certificate 5687
Central Bank of Georgia of Ellaville, GA failed on February 24, 2012. It opened on September 16, 1910, 101 years before. At its last report before that it held $278.9 million in assets and $266.6 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2009, it held $404.3 million. The FDIC estimates that the Deposit Insurance Fund lost $51.8 million on it.
1984-032011-12
Assets at the end$278.9 millionlast report before February 24, 2012
Deposits at the end$266.6 million
Estimated loss to the fund$51.8 millionDIF
Largest in the quarterly reports$404.3 millionMarch 31, 2009
Equity to assets0.5%December 31, 2011
Loans not being repaid15.8%noncurrent, December 31, 2011
Return on assets-4.90%a year's rate, December 31, 2011
Staff57full time, December 31, 2011
Also ended in 2012
- Tennessee Commerce Bank · Franklin, TN · $1.0 billion in assets
- Citizens First National Bank · Princeton, IL · $924.0 million in assets
- Fidelity Bank · Dearborn, MI · $818.2 million in assets
- Waccamaw Bank · Whiteville, NC · $533.1 million in assets
- The First State Bank · Stockbridge, GA · $516.8 million in assets
- Inter Savings Bank, fsb D/B/A Interbank, fsb · Maple Grove, MN · $463.8 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.