4 failed banks ยท 2011 to 2013
Failed banks taken over by Hamilton State Bank
Hamilton State Bank of Hoschton, Georgia took over four failed banks between 2011 and 2013, the 17th-highest count among the 318 acquirers of that period. Together they reported $1.5 billion in assets and $1.4 billion in deposits at closing. The largest was The First State Bank, at $517 million. All of them were in Georgia. Two of the deals came in 2011. The first was Bartow County Bank of Cartersville, on April 15, 2011. The most recent was Douglas County Bank of Douglasville, on April 26, 2013. The FDIC's estimated loss on these failures totals $440 million, a median of 27% of each bank's assets.
| Closed | Bank | Location | Total assets | Est. loss |
|---|---|---|---|---|
| April 15, 2011 | Bartow County Bank | Cartersville, GA | $314 million | $83.0 million |
| June 17, 2011 | McIntosh State Bank | Jackson, GA | $340 million | $75.4 million |
| January 20, 2012 | The First State Bank | Stockbridge, GA | $517 million | $192 million |
| April 26, 2013 | Douglas County Bank | Douglasville, GA | $317 million | $89.6 million |
The FDIC names the acquirer in each failure record. This page lists what that record shows and says nothing about the acquiring bank today.