Bank failure · GA

Community Bank and Trust - West Georgia (Lagrange, GA) — failed May 1, 2026

Community Bank and Trust - West Georgia of Lagrange, Georgia was closed on May 1, 2026 and resolved through a purchase and assumption (insured deposits). Anchor Bank (FL) took over its insured deposits. At failure it held $305.7M in assets and $296.4M in deposits. The FDIC's estimated loss on the failure is $97.3M (31.8% of assets).