Bank failure · GA
Decatur First Bank (Decatur, GA) — failed October 21, 2011
Decatur First Bank of Decatur, Georgia was closed on October 21, 2011 and resolved through a purchase and assumption. Fidelity Bank (GA) took over its insured deposits. At failure it held $184.8M in assets and $172.0M in deposits. The FDIC's estimated loss on the failure is $24.6M (13.3% of assets).
- Closing date
- October 21, 2011
- FDIC certificate #
- 34392
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Fidelity Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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