BARTOW COUNTY BANK Failed 2011
What happened
BARTOW COUNTY BANK of CARTERSVILLE, GA was closed on 2011-04-15. The FDIC was named receiver.
Resolution: Purchase & Assumption — acquiring bank assumed deposits + bought assets
Deposits were transferred to HAMILTON STATE BANK (HOSCHTON, GA). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3922
- FDIC Certificate
- 21495
- FDIC FIN
- 10353
- Bank name
- BARTOW COUNTY BANK
- Location
- CARTERSVILLE, GA
- Failure date
- 2011-04-15
- FDIC resolution date
- 2011-04-15
- Charter type
- State commercial bank, non-Federal Reserve member (FDIC-supervised)
- Resolution type
- Purchase & Assumption — acquiring bank assumed deposits + bought assets
- FDIC DIF cost (est.)
- $83M
- Deposits at failure
- $290M
- Assets at failure
- $314M
- Acquiring bank
- HAMILTON STATE BANK (HOSCHTON, GA)
Other banks HAMILTON STATE BANK acquired in FDIC resolutions