Bank failure · GA
High Trust Bank (Stockbridge, GA) — failed July 15, 2011
High Trust Bank of Stockbridge, Georgia was closed on July 15, 2011 and resolved through a purchase and assumption. Ameris Bank (GA) took over its insured deposits. At failure it held $180.3M in assets and $177.2M in deposits. The FDIC's estimated loss on the failure is $70.8M (39.2% of assets).
- Closing date
- July 15, 2011
- FDIC certificate #
- 19554
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Ameris Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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