Bank failure · GA
The First National Bank of Barnesville (Barnesville, GA) — failed October 22, 2010
The First National Bank of Barnesville of Barnesville, Georgia was closed on October 22, 2010 and resolved through a purchase and assumption. United Bank (GA) took over its insured deposits. At failure it held $126.6M in assets and $122.9M in deposits. The FDIC's estimated loss on the failure is $46.9M (37.0% of assets).
- Closing date
- October 22, 2010
- FDIC certificate #
- 2119
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- United Bank
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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