The Graveyard › Banks › 1977
First Augusta Bank & Trust Company
Augusta, GA · failed May 20, 1977 · FDIC certificate 19871
First Augusta Bank & Trust Company of Augusta, GA failed on May 20, 1977. It opened on December 31, 1959, 17 years before. At its last report before that it held $24.2 million in assets and $20.0 million in deposits. The FDIC's list gives no estimate of the loss: the FDIC says its figures are not complete for its own cases before 1986 or for FSLIC cases from 1934 to 1988.
Assets at the end$24.2 millionlast report before May 20, 1977
Deposits at the end$20.0 million
Estimated loss to the fundnot givenFDIC
Also ended in 1977
- Banco Economias · San German · $190.3 million in assets · assisted
- Republic National Bank of Louisiana · New Orleans, LA · $6.3 million in assets
- Donahue Savings Bank · Donahue, IA · $5.5 million in assets
- The Monroe Bank and Trust Company · Monroe, CT · $4.3 million in assets
- First State Bank · Foss, OK · $2.0 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.