Bank failure · GA

Douglas County Bank (Douglasville, GA) — failed April 26, 2013

Douglas County Bank of Douglasville, Georgia was closed on April 26, 2013 and resolved through a purchase and assumption. Hamilton State Bank (GA) took over its insured deposits. At failure it held $317.3M in assets and $315.3M in deposits. The FDIC's estimated loss on the failure is $89.6M (28.2% of assets).