Bank failure · GA
Firstcity Bank (Stockbridge, GA) — failed March 20, 2009
Firstcity Bank of Stockbridge, Georgia was closed on March 20, 2009 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $285.0M in assets and $259.1M in deposits. The FDIC's estimated loss on the failure is $135.2M (47.4% of assets).
- Closing date
- March 20, 2009
- FDIC certificate #
- 18243
- Resolution
- Payout (deposit payoff) (failure)
- Acquiring institution
- 0
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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