# FIRST SECURITY NATIONAL BANK

> **Failed bank** · NORCROSS, GA · failed 2009-12-04 · National commercial bank (OCC-chartered) · FDIC cost $34M

## What happened

FIRST SECURITY NATIONAL BANK of NORCROSS, GA was closed by the OCC on **2009-12-04**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **STATE BANK AND TRUST COMPANY** (MACON, GA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3720
- **FDIC Certificate:** 26290
- **FDIC FIN:** 10157
- **Bank name:** FIRST SECURITY NATIONAL BANK
- **Location:** NORCROSS, GA
- **Failure date:** 2009-12-04
- **FDIC resolution date:** 2009-12-04
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $34M
- **Deposits at failure:** $122M
- **Assets at failure:** $127M
- **Acquiring bank:** STATE BANK AND TRUST COMPANY (MACON, GA)

## Other banks STATE BANK AND TRUST COMPANY has acquired in FDIC resolutions

- COMMUNITY CAPITAL BANK (JONESBORO, GA) — failed 2011-10-21 — /failed-bank/3973
- PIEDMONT COMMUNITY BANK (GRAY, GA) — failed 2011-10-14 — /failed-bank/3969
- UNITED AMERICAS BANK (ATLANTA, GA) — failed 2010-12-17 — /failed-bank/3888
- NORTHWEST BANK & TRUST (ACWORTH, GA) — failed 2010-07-30 — /failed-bank/3840
- THE BUCKHEAD COMMUNITY BANK (ATLANTA, GA) — failed 2009-12-04 — /failed-bank/3723
- SECURITY BANK OF NORTH FULTON (ALPHARETTA, GA) — failed 2009-07-24 — /failed-bank/3656
- SECURITY BANK OF GWINNETT COUNTY (SUWANNEE, GA) — failed 2009-07-24 — /failed-bank/3655
- SECURITY BANK OF NORTH METRO (WOODSTOCK, GA) — failed 2009-07-24 — /failed-bank/3654
- SECURITY BANK OF BIBB COUNTY (MACON, GA) — failed 2009-07-24 — /failed-bank/3653
- SECURITY BANK OF HOUSTON COUNTY (PERRY, GA) — failed 2009-07-24 — /failed-bank/3652

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20SECURITY%20NATIONAL%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST SECURITY NATIONAL BANK (FDIC ID 3720), failed 2009-12-04. Retrieved via AI Analytics 2026-06-26 from https://api.ai-analytics.org/failed-bank/3720.

---

*[FDIC failures dataset](/datasets/fdic-failures) · CC0 1.0*