The Graveyard › Banks › 2012
Georgia Trust Bank
Buford, GA · failed July 20, 2012 · FDIC certificate 57847
Georgia Trust Bank of Buford, GA failed on July 20, 2012. It opened on May 16, 2005, 7 years before. At its last report before that it held $116.9 million in assets and $114.7 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2010, it held $162.7 million. The FDIC estimates that the Deposit Insurance Fund lost $25.3 million on it.
2005-062012-06
Assets at the end$116.9 millionlast report before July 20, 2012
Deposits at the end$114.7 million
Estimated loss to the fund$25.3 millionDIF
Largest in the quarterly reports$162.7 millionJune 30, 2010
Equity to assets1.6%June 30, 2012
Loans not being repaid23.6%noncurrent, June 30, 2012
Return on assets-2.09%a year's rate, June 30, 2012
Staff20full time, June 30, 2012
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.