Bank failure · GA

First FSB of Georgia, Fa (Winder, GA) — failed November 6, 1992

First FSB of Georgia, Fa of Winder, Georgia was closed on November 6, 1992 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $108.2M in assets and $97.5M in deposits. The FDIC's estimated loss on the failure is $4.4M (4.1% of assets).