The Graveyard › Banks › 2011
Community Bank of Rockmart
Rockmart, GA · failed November 10, 2011 · FDIC certificate 57860
Community Bank of Rockmart of Rockmart, GA failed on November 10, 2011. It opened on May 9, 2005, 6 years before. At its last report before that it held $62.4 million in assets and $55.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2009, it held $72.4 million. The FDIC estimates that the Deposit Insurance Fund lost $20.3 million on it.
2005-062011-09
Assets at the end$62.4 millionlast report before November 10, 2011
Deposits at the end$55.9 million
Estimated loss to the fund$20.3 millionDIF
Largest in the quarterly reports$72.4 millionMarch 31, 2009
Equity to assets2.2%September 30, 2011
Loans not being repaid16.9%noncurrent, September 30, 2011
Return on assets-0.22%a year's rate, September 30, 2011
Staff12full time, September 30, 2011
Also ended in 2011
- Superior Bank · Birmingham, AL · $3.0 billion in assets
- First Community Bank · Taos, NM · $2.2 billion in assets
- United Western Bank · Denver, CO · $2.2 billion in assets
- Integra Bank National Association · Evansville, IN · $2.0 billion in assets
- Lydian Private Bank · Palm Beach, FL · $1.7 billion in assets
- Community Banks of Colorado · Greenwood Village, CO · $1.3 billion 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.