Bank failure · GA

First Commerce Community Bank (Douglasville, GA) — failed September 17, 2010

First Commerce Community Bank of Douglasville, Georgia was closed on September 17, 2010 and resolved through a purchase and assumption. Community & Southern Bank (GA) took over its insured deposits. At failure it held $248.2M in assets and $242.8M in deposits. The FDIC's estimated loss on the failure is $101.0M (40.7% of assets).