Closed Friday, May 1, 2026 · LaGrange, Troup County, Georgia
Community Bank and Trust - West Georgia
No bank in Georgia had failed for nine years, since The Woodbury Banking Company closed in 2016. In the three years to the first quarter of 2026, Community Bank and Trust - West Georgia's assets grew 221%. It was the second-largest of the 6 bank failures in 2026.
On the books, 2018 to 2026
Total assets were at their highest of these 32 quarters in the final report, for the first quarter of 2026. Equity capital went from 3.4% of assets in the second quarter of 2018 to 1.3% at the last report. By then 17% of its loans were 90 days or more past due or no longer accruing interest. The last quarterly report, for the first quarter of 2026, showed $293 million in total assets; ranks on this site use the FDIC's failure record, which differs. It reported a net loss in four of its final nine reporting years. The deepest annual loss, $5.0 million, was booked in 2026 in only part of the year.* 2026: January to March only, the last report before closing.
Size against the other 2026 failures
Total assets of each 2026 failure, log scale; Community Bank and Trust - West Georgia in red.
Within Georgia it ranks 33rd by size of the 128 failures recorded since 1934. Across the failures of 2026, the median estimated loss came to 12% of assets. In the size ranking of that year, just above it was Nano Banc of Irvine, California ($736 million, loss 15% of assets); just below, Metropolitan Capital Bank & Trust of Chicago, Illinois ($261 million, loss 7.5% of assets). Every 2026 failure in the explorer.
Failures in Georgia
No bank in Georgia has failed since. Troup County has 2 failed banks on FDIC record since 1934. The other: Frontier Bank (2013).