Bank failure · GA
The Tatnall Bank (Reidsville, GA) — failed December 4, 2009
The Tatnall Bank of Reidsville, Georgia was closed on December 4, 2009 and resolved through a purchase and assumption. Heritagebank of the South (GA) took over its insured deposits. At failure it held $49.6M in assets and $47.1M in deposits. The FDIC's estimated loss on the failure is $14.7M (29.6% of assets).
- Closing date
- December 4, 2009
- FDIC certificate #
- 12080
- Resolution
- Purchase and assumption (failure)
- Acquiring institution
- Heritagebank of the South
- Insurance fund
- DIF
- Pre-failure filings
- Last reported financials
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