Bank failure · GA
First Choice Community Bank (Dallas, GA) — failed April 29, 2011
First Choice Community Bank of Dallas, Georgia was closed on April 29, 2011 and resolved through a purchase and assumption. Bank of the Ozarks (AR) took over its insured deposits. At failure it held $291.2M in assets and $294.8M in deposits. The FDIC's estimated loss on the failure is $105.2M (36.1% of assets).
- Closing date
- April 29, 2011
- FDIC certificate #
- 58539
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Bank of the Ozarks
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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- Western National Bank AZ
- Central Progressive Bank LA
- Polk County Bank IA
- Community Bank of Rockmart GA
- Sunfirst Bank UT
- Mid City Bank, Inc. NE
- All American Bank IL
- Community Banks of Colorado CO
- Old Harbor Bank FL
- Community Capital Bank GA
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- Piedmont Community Bank GA
- Country Bank IL
- First State Bank NJ
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- The Riverbank MN
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- Citizens Bank of Northern California CA
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- The First National Bank of Florida FL
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