The Graveyard › Banks › 2011
Habersham Bank
Clarkesville, GA · failed February 18, 2011 · FDIC certificate 151
Habersham Bank of Clarkesville, GA failed on February 18, 2011. It opened on May 13, 1904, 106 years before. At its last report before that it held $387.7 million in assets and $339.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2001, it held $563.9 million. The FDIC estimates that the Deposit Insurance Fund lost $119.4 million on it.
1984-032010-12
Assets at the end$387.7 millionlast report before February 18, 2011
Deposits at the end$339.9 million
Estimated loss to the fund$119.4 millionDIF
Largest in the quarterly reports$563.9 millionMarch 31, 2001
Equity to assets0.7%December 31, 2010
Loans not being repaid22.6%noncurrent, December 31, 2010
Return on assets-2.95%a year's rate, December 31, 2010
Staff87full time, December 31, 2010
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.