The Graveyard › Banks › 2012

Hometown Community Bank

Braselton, GA · failed November 16, 2012 · FDIC certificate 57928

Hometown Community Bank of Braselton, GA failed on November 16, 2012. It opened on August 1, 2005, 7 years before. At its last report before that it held $124.6 million in assets and $108.9 million in deposits. At its largest in the FDIC's quarterly reports, on March 31, 2010, it held $148.1 million. The FDIC estimates that the Deposit Insurance Fund lost $39.7 million on it.

2005-092012-09

Assets at the end$124.6 millionlast report before November 16, 2012

Deposits at the end$108.9 million

Estimated loss to the fund$39.7 millionDIF

Largest in the quarterly reports$148.1 millionMarch 31, 2010

Equity to assets-4.2%September 30, 2012

Loans not being repaid20.2%noncurrent, September 30, 2012

Return on assets-12.78%a year's rate, September 30, 2012

Staff18full time, September 30, 2012

On the FDIC's list: HOMETOWN COMMUNITYBANK.

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Also ended in 2012

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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.