First Georgia Banking Company

Status:Inactive as of 05/20/2011
 Absorption - Assisted
Successor Bank:CertusBank
Headquarters:First Georgia Banking Company
101 Main Street
Franklin, GA 30217
Established:11/03/2003
FDIC Insurance:11/03/2003
FDIC Cert:#57647
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$730,981,000
Total Deposits:$702,231,000

History

2003-11-03Institution established: Original name:1st Georgia Banking Company
2005-12-01Changed name to First Georgia Banking Company
2011-05-20Acquired First Georgia Banking Company in FRANKLIN, GA as part of a government assisted transaction.
2011-05-20Acquired Atlantic Southern Bank (57213) in MACON, GA as part of a government assisted transaction.
2011-05-20Failed. Acquired with government financial assistance and subsequently operated as part of CertusBank, National Association (59028)
2012-11-16Acquired Hometown Community Bank (57928) in BRASELTON, GA as part of a government assisted transaction.
2012-12-10Reorganized.
2013-02-07Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2013-04-26Acquired Parkway Bank (57158) in LENOIR, NC as part of a government assisted transaction.
2015-10-23Voluntarily relinquished FDIC insurance
2015-10-23Changed institution class to NONINSURED COMMERCIAL INSTITUTIONS
2015-11-02Closed voluntarily and liquidated its assets.

Financial Information (2011-03-31 and Older)