Bank failure · GA
Darby Bank & Trust Company (Vidalia, GA) — failed November 12, 2010
Darby Bank & Trust Company of Vidalia, Georgia was closed on November 12, 2010 and resolved through a purchase and assumption. Ameris Bank (GA) took over its insured deposits. At failure it held $654.7M in assets and $587.6M in deposits. The FDIC's estimated loss on the failure is $125.9M (19.2% of assets).
- Closing date
- November 12, 2010
- FDIC certificate #
- 14580
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Ameris Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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