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First Commerce Community Bank

Douglasville, GA · failed September 17, 2010 · FDIC certificate 57448

First Commerce Community Bank of Douglasville, GA failed on September 17, 2010. It opened on March 4, 2003, 7 years before. At its last report before that it held $248.2 million in assets and $242.8 million in deposits. At its largest in the FDIC's quarterly reports, on December 31, 2008, it held $295.7 million. The FDIC estimates that the Deposit Insurance Fund lost $101.0 million on it.

2003-032010-06

Assets at the end$248.2 millionlast report before September 17, 2010

Deposits at the end$242.8 million

Estimated loss to the fund$101.0 millionDIF

Largest in the quarterly reports$295.7 millionDecember 31, 2008

Equity to assets1.6%June 30, 2010

Loans not being repaid24.1%noncurrent, June 30, 2010

Return on assets-8.70%a year's rate, June 30, 2010

Staff28full time, June 30, 2010

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Also ended in 2010

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La Jolla Bank, FSB · La Jolla, CA · $3.6 billion in assets
Riverside National Bank of Florida · Fort Pierce, FL · $3.4 billion in assets
Frontier Bank · Everett, WA · $3.3 billion in assets
Midwest Bank and Trust Company · Elmwood Park, IL · $3.2 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.