Bank failure · GA
McIntosh State Bank (Jackson, GA) — failed June 17, 2011
McIntosh State Bank of Jackson, Georgia was closed on June 17, 2011 and resolved through a purchase and assumption. Hamilton State Bank (GA) took over its insured deposits. At failure it held $339.9M in assets and $324.4M in deposits. The FDIC's estimated loss on the failure is $75.4M (22.2% of assets).
- Closing date
- June 17, 2011
- FDIC certificate #
- 19237
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Hamilton State Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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