Failed Bank List

4 failed banks ยท 2008 to 2016

Failed banks taken over by United Bank

United Bank of Zebulon, Georgia took over four failed banks between 2008 and 2016, the 17th-highest count among the 318 acquirers of that period. Together they reported $568 million in assets and $514 million in deposits at closing. The largest was First Georgia Community Bank, at $256 million. All of them were in Georgia. The most recent was The Woodbury Banking Company of Woodbury, on August 19, 2016. The FDIC's estimated loss on these failures totals $203 million, a median of 35% of each bank's assets.

Failed banks taken over by United Bank, by closing date200020052010201520202025First Georgia Community Bank, 2008-12-05First Coweta Bank, 2009-08-21The First National Bank of Barnesville, 2010-10-22The Woodbury Banking Company, 2016-08-19
Each circle is one failed bank, placed at its closing date; area shows total assets.
Every failed bank it took over, in date order
ClosedBankLocationTotal assetsEst. loss
December 5, 2008First Georgia Community BankJackson, GA$256 million$86.3 million
August 21, 2009First Coweta BankNewnan, GA$164 million$66.7 million
October 22, 2010The First National Bank of BarnesvilleBarnesville, GA$127 million$46.9 million
August 19, 2016The Woodbury Banking CompanyWoodbury, GA$21.4 million$3.3 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.