Bank failure · GA

Amtrade International Bank of Georgia (Atlanta, GA) — failed September 30, 2002

Amtrade International Bank of Georgia of Atlanta, Georgia was closed on September 30, 2002 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $92.1M in assets and $73.2M in deposits. The FDIC's estimated loss on the failure is $1.3M (1.4% of assets).