The Graveyard › Banks › 2011
One Georgia Bank
Atlanta, GA · failed July 15, 2011 · FDIC certificate 58238
One Georgia Bank of Atlanta, GA failed on July 15, 2011. It opened on May 5, 2006, 5 years before. At its last report before that it held $177.7 million in assets and $158.1 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2009, it held $250.5 million. The FDIC estimates that the Deposit Insurance Fund lost $40.6 million on it.
2006-062011-06
Assets at the end$177.7 millionlast report before July 15, 2011
Deposits at the end$158.1 million
Estimated loss to the fund$40.6 millionDIF
Largest in the quarterly reports$250.5 millionSeptember 30, 2009
Equity to assets-0.5%June 30, 2011
Loans not being repaid12.2%noncurrent, June 30, 2011
Return on assets-6.87%a year's rate, June 30, 2011
Staff22full time, June 30, 2011
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.