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Failures by State

Bank Failures in Georgia

128 FDIC-insured banks headquartered in Georgia have failed since 1934, the 7th most of any state or territory. The most recent was Community Bank and Trust - West Georgia on May 1, 2026. The worst year was 2009, with 25 failures. Failed banks held $41.42B in assets at closing.

128
Failures
1934 to 2026
$41.42B
Failed assets
At closing
$11.57B
Estimated DIF loss
FDIC estimate
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All Georgia events
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Largest bank failures in Georgia

Date Bank City Assets Acquirer or resolution
May 1, 2009 Silverton Bank, N.A. Atlanta $4.16B —
Sep 28, 2007 Netbank Alpharetta $2.47B ING Bank, FSB
Sep 25, 2009 Georgian Bank Atlanta $2.23B First Citizens Bank & Trust Company
Jan 4, 1991 Fulton Federal Savings Bank Atlanta $2.02B Branch sale
Jan 29, 2010 Community Bank & Trust Cornelia $1.18B SCBT, N.A.
Aug 29, 2008 Integrity Bank Alpharetta $1.11B Regions Bank
Mar 19, 2010 Appalachian Community Bank Ellijay $1.01B Community & Southern Bank
Mar 27, 2009 Omni National Bank Atlanta $979.6M —
Jul 23, 2010 Crescent Bank and Trust Company Jasper $970.2M Renasant Bank
Jul 24, 2009 Security Bank of Bibb County Macon $943.7M State Bank and Trust Company

Georgia bank failures by year

Year Failures Failed assets
2026 1 $305.7M
2016 1 $21.4M
2015 2 $558.4M
2014 1 $173.9M
2013 3 $636.9M
2012 10 $2.00B
2011 23 $6.17B
2010 21 $8.06B
2009 25 $13.43B
2008 5 $2.91B
2007 1 $2.47B
2002 1 $92.1M
2000 1 $31.5M
1992 4 $364.4M
1991 7 $2.46B
1990 2 $215.8M
1989 6 $1.44B
1981 1 $8.4M
1979 1 $5.9M
1977 1 $24.2M
1976 1 $40.1M
1961 1 $984K
1954 1 $98K
1940 2 $364K
1938 1 —
1937 1 $265K
1935 3 $484K
1934 1 $243K

Every bank failure in Georgia

Date Bank City Assets Acquirer or resolution
Sep 17, 2010 The Bank of Ellijay Ellijay $168.8M Community & Southern Bank
Jul 30, 2010 Northwest Bank & Trust Acworth $160.8M State Bank and Trust Company
Jul 23, 2010 Crescent Bank and Trust Company Jasper $970.2M Renasant Bank
Jun 25, 2010 First National Bank Savannah $252.5M The Savannah Bank, N.A.
May 14, 2010 Satilla Community Bank Saint Marys $135.7M Ameris Bank
Mar 26, 2010 McIntosh Commercial Bank Carrollton $363.4M Charterbank
Mar 26, 2010 Unity National Bank Cartersville $300.6M Bank of the Ozarks
Mar 19, 2010 Appalachian Community Bank Ellijay $1.01B Community & Southern Bank
Mar 19, 2010 Bank of Hiawassee Hiawassee $377.8M Citizens South Bank
Mar 19, 2010 Century Security Bank Duluth $96.5M Bank of Upson
Jan 29, 2010 Community Bank & Trust Cornelia $1.18B SCBT, N.A.
Jan 29, 2010 First National Bank of Georgia Carrollton $840.6M Community & Southern Bank
Dec 18, 2009 Rockbridge Commercial Bank Atlanta $294.0M —
Dec 4, 2009 The Buckhead Community Bank Atlanta $856.2M State Bank and Trust Company
Dec 4, 2009 First Security National Bank Norcross $127.5M State Bank and Trust Company
Dec 4, 2009 The Tatnall Bank Reidsville $49.6M Heritagebank of the South
Nov 6, 2009 United Security Bank Sparta $153.6M Ameris Bank
Oct 23, 2009 American United Bank Lawrenceville $110.1M Ameris Bank
Sep 25, 2009 Georgian Bank Atlanta $2.23B First Citizens Bank & Trust Company
Aug 21, 2009 First Coweta Newnan $163.8M United Bank
Aug 21, 2009 Ebank Atlanta $144.7M Stearns Bank, N.A.
Jul 24, 2009 Security Bank of Bibb County Macon $943.7M State Bank and Trust Company
Jul 24, 2009 Security Bank of Jones County Gray $432.7M State Bank and Trust Company
Jul 24, 2009 Security Bank of Houston County Perry $371.6M State Bank and Trust Company
Jul 24, 2009 Security Bank of Gwinnett County Suwannee $259.2M State Bank and Trust Company
Jul 24, 2009 Security Bank of North Fulton Alpharetta $190.6M State Bank and Trust Company
Jul 24, 2009 Security Bank of North Metro Woodstock $184.2M State Bank and Trust Company
Jul 17, 2009 First Piedmont Bank Winder $114.1M First American Bank and Trust Company
Jun 26, 2009 Neighborhood Community Bank Newnan $212.6M Charterbank
Jun 26, 2009 Community Bank of West Georgia Villa Rica $201.2M —
Jun 19, 2009 Southern Community Bank Fayetteville $371.7M United Community Bank
May 1, 2009 Silverton Bank, N.A. Atlanta $4.16B —
Apr 24, 2009 American Southern Bank Kennesaw $106.0M Bank of North Georgia
Mar 27, 2009 Omni National Bank Atlanta $979.6M —
Mar 20, 2009 Firstcity Bank Stockbridge $285.0M —
Mar 6, 2009 Freedom Bank of Georgia Commerce $172.5M Northeast Georgia Bank
Feb 6, 2009 FirstBank Financial Services McDonough $317.2M Regions Bank
Dec 12, 2008 Haven Trust Bank Duluth $559.6M Branch Banking and Trust Company
Dec 5, 2008 First Georgia Community Bank Jackson $256.4M United Bank
Nov 21, 2008 The Community Bank Loganville $634.9M Bank of Essex
Oct 24, 2008 Alpha Bank & Trust Alpharetta $354.1M Stearns Bank, N.A.
Aug 29, 2008 Integrity Bank Alpharetta $1.11B Regions Bank
Sep 28, 2007 Netbank Alpharetta $2.47B ING Bank, FSB
Sep 30, 2002 Amtrade International Bank of Georgia Atlanta $92.1M —
Mar 10, 2000 Mutual Federal Savings Bank of Atlanta Atlanta $31.5M Citizens Trust Bank
Nov 6, 1992 First FSB of Georgia, F.A. Winder $108.2M Branch sale
Jul 10, 1992 Southern FSA of Georgia Atlanta $160.0M Branch sale
Mar 31, 1992 First Community Bank of Cherokee Woodstock $35.6M Etowah Bank
Jan 10, 1992 The Citizens Bank Dallas $60.6M First NB of Paulding Cou
Nov 8, 1991 Cobb FSA Marietta $83.2M First Union NB of GA

Source: FDIC failed-bank list. Counts are real closures by headquarters state; FDIC open-bank assistance transactions are not failures and are excluded. Assets and deposits are as reported at closing.

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