Bank Failure
Darby Bank & Trust Company
BankRegReports is independent of Darby Bank & Trust Company and never asks for online banking logins or passwords.
Closed November 12, 2010 · Vidalia, GA · FDIC Cert #14580.
- Closing date
- November 12, 2010
- Headquarters
- Vidalia, GA
- FDIC Certificate
- 14580
- Total assets at closing
- $654.7M
- Total deposits at closing
- $587.6M
- Estimated loss to the insurance fund
- $125.9M
- Insurance fund
- Deposit Insurance Fund (DIF)
- Resolution
- Failure (closed by regulators)
- Acquirer
- Ameris Bank
Context
On November 12, 2010, regulators closed Darby Bank & Trust Company, headquartered in Vidalia, GA. At closing, the institution held approximately $654.7M in assets and $587.6M in deposits. The FDIC record names Ameris Bank as the acquiring institution in the resolution. The estimated cost to the Deposit Insurance Fund (DIF) was approximately $125.9M.
By assets at closing this is the 304th largest of the 3,526 bank failures in the FDIC record, and the 31st of 157 in 2010. It falls in the period the record labels Global Financial Crisis (2008-2013), a period with 489 failures peaking at 157 in 2010.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Darby Bank & Trust Company fail?
Darby Bank & Trust Company was closed by regulators on November 12, 2010.
Who acquired Darby Bank & Trust Company?
The FDIC record names Ameris Bank as the acquiring institution in the resolution of Darby Bank & Trust Company.
How big was Darby Bank & Trust Company when it failed?
Darby Bank & Trust Company had approximately $654.7M in total assets and $587.6M in deposits at the time of failure.
Other failures in 2010
| Date | Bank | Assets |
|---|---|---|
| Dec 17, 2010 | The Bank of Miami | $448.1M |
| Dec 17, 2010 | Chestatee State Bank | $244.4M |
| Dec 17, 2010 | United Americas Bank | $242.3M |
| Dec 17, 2010 | First Southern Bank | $191.8M |
| Dec 17, 2010 | Appalacian Community Bank, F.S.B. | $68.2M |
| Dec 17, 2010 | Community National Bank | $31.6M |
| Dec 10, 2010 | Paramount Bank | $252.7M |
| Dec 10, 2010 | Earthstar Bank | $112.6M |
Explore: all failures · GA bank events · 2010 events · events hub