The Graveyard › Banks › 2012
Montgomery Bank & Trust
Ailey, GA · failed July 6, 2012 · FDIC certificate 19498
Montgomery Bank & Trust of Ailey, GA failed on July 6, 2012. It opened on March 1, 1926, 86 years before. At its last report before that it held $153.2 million in assets and $164.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2009, it held $264.8 million. The FDIC estimates that the Deposit Insurance Fund lost $65.8 million on it.
1984-032012-06
Assets at the end$153.2 millionlast report before July 6, 2012
Deposits at the end$164.2 million
Estimated loss to the fund$65.8 millionDIF
Largest in the quarterly reports$264.8 millionJune 30, 2009
Equity to assets-10.9%June 30, 2012
Loans not being repaid12.0%noncurrent, June 30, 2012
Return on assets-28.97%a year's rate, June 30, 2012
Staff42full 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.