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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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
May 31, 1991	United FS & La	Smyrna	$119.3M	Branch sale
May 10, 1991	Guaranty FSA	Warner Robins	$25.6M	Crossroads Bank of GA
Apr 5, 1991	First Federal SB, FSB	Ashburn	$30.2M	Branch sale
Mar 22, 1991	The Federal SB, FSB	Swainsboro	$150.9M	Branch sale
Feb 22, 1991	First FS & La	Dallas	$37.5M	Etowah Bank
Jan 4, 1991	Fulton Federal Savings Bank	Atlanta	$2.02B	Branch sale
Jun 15, 1990	Moultrie Savings Bank FSB	Moultrie	$65.8M	Moultrie NB
Apr 12, 1990	First Federal Savings & Loan	Warner Robins	$150.1M	CB&T Bank of Middle Ga
Jun 22, 1989	Great Southern Federal Savings	Savannah	$880.2M	First Wachovia
Jun 22, 1989	Habersham Federal Sa	Cornelia	$93.3M	First Commerce Bank
Jun 22, 1989	First FED. S & L Assoc.	Americus	$54.4M	Sumter Bank & Trust
Mar 9, 1989	First FED. S & L Assoc.	Atlanta	$301.0M	Merchant Bank of Atlanta
Mar 9, 1989	First FED. S & L Assoc.	Summerville	$32.8M	Interfederal SB
Jan 19, 1989	Southern Federal SB	Thomasville	$76.6M	—
Mar 17, 1981	Peoples Banking Company	Boston	$8.4M	Commercial Bank
Jan 5, 1979	Toney Brothers Bank	Doerun	$5.9M	—
May 20, 1977	First Augusta Bank & Trust Company	Augusta	$24.2M	—
Oct 8, 1976	The Hamilton Bank and Trust Company	Atlanta	$40.1M	—
Sep 7, 1961	Bank of Ochlochnee	Ochlochnee	$984K	—
Aug 9, 1954	Bank of Ila	Ila	$98K	—
Sep 18, 1940	The Bank of Leslie	Leslie	$141K	—
Jul 20, 1940	The Claxton State Bank	Claxton	$223K	—
Oct 12, 1938	Bank of Eton	Eton	—	—
Jul 13, 1937	Chattooga County Bank	Summerville	$265K	—
Jul 22, 1935	Merchants & Farmers Bank	Marietta	$227K	—
Jul 20, 1935	Bank of Grantville	Grantville	$91K	—
May 2, 1935	The Farmers Bank	Royston	$166K	—
Oct 13, 1934	Pickens County Bank	Jasper	$243K	—

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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