The Graveyard › Banks › 2015
The Bank of Georgia
Peachtree City, GA · failed October 2, 2015 · FDIC certificate 35259
The Bank of Georgia of Peachtree City, GA failed on October 2, 2015. It opened on February 18, 2000, 15 years before. At its last report before that it held $286.1 million in assets and $264.2 million in deposits. At its largest in the FDIC's quarterly reports, on June 30, 2009, it held $447.6 million. The FDIC estimates that the Deposit Insurance Fund lost $27.8 million on it.
2000-032015-09
Assets at the end$286.1 millionlast report before October 2, 2015
Deposits at the end$264.2 million
Estimated loss to the fund$27.8 millionDIF
Largest in the quarterly reports$447.6 millionJune 30, 2009
Equity to assets2.5%September 30, 2015
Loans not being repaid6.0%noncurrent, September 30, 2015
Return on assets-2.45%a year's rate, September 30, 2015
Staff62full time, September 30, 2015
Also ended in 2015
- Doral Bank · San Juan, PR · $5.9 billion in assets
- Capitol City Bank & Trust Company · Atlanta, GA · $272.3 million in assets
- Edgebrook Bank · Chicago, IL · $90.0 million in assets
- First National Bank of Crestview · Crestview, FL · $73.8 million in assets
- Highland Community Bank · Chicago, IL · $54.7 million in assets
- Premier Bank · Denver, CO · $26.8 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.