Central Bank of Georgia

Status:Inactive as of 02/24/2012
 Absorption - Assisted
Successor Bank:Ameris Bank
Headquarters:Central Bank of Georgia
285 South Broad Street
Ellaville, GA 31806
Established:09/16/1910
FDIC Insurance:01/01/1934
FDIC Cert:#5687
Charter Class:Commercial bank, state charter and Fed nonmember, supervised by the FDIC
Total Assets:$278,860,000
Total Deposits:$266,589,000

History

1910-09-16Institution established: Original name:Bank of Ellaville
2003-10-07Changed name to Central Bank of Georgia
2012-02-24Failed. Acquired with government financial assistance and subsequently operated as part of Ameris Bank (20504)
2012-07-06Acquired Montgomery Bank & Trust (19498) in AILEY, GA as part of a government assisted transaction.
2012-10-10Moved bank headquarters from ELLAVILLE, GA to MOULTRIE, GA
2013-12-23Acquired Prosperity Bank (24963) in SAINT AUGUSTINE, FL
2014-07-01Acquired The Coastal Bank (20134) in SAVANNAH, GA
2015-05-22Acquired Merchants & Southern Bank (18116) in GAINESVILLE, FL
2016-03-11Acquired The Jacksonville Bank (34941) in JACKSONVILLE, FL
2018-05-25Acquired Atlantic Coast Bank (45826) in JACKSONVILLE, FL
2018-06-29Acquired Hamilton State Bank (57810) in HOSCHTON, GA
2019-07-01Moved bank headquarters from MOULTRIE, GA to ATLANTA, GA
2019-07-01Change trust powers from TRUST POWERS NOT GRANTED to FULL TRUST POWERS GRANTED
2019-07-01Acquired Fidelity Bank (21440) in ATLANTA, GA

Financial Information (2011-12-31 and Older)