# FIRST CHOICE COMMUNITY BANK

> **Failed bank** · DALLAS, GA · failed 2011-04-29 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $105M

## What happened

FIRST CHOICE COMMUNITY BANK of DALLAS, GA was closed by regulators on **2011-04-29**. The FDIC was named receiver.

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

Deposits were transferred to **BANK OF THE OZARKS** (LITTLE ROCK, AR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3929
- **FDIC Certificate:** 58539
- **FDIC FIN:** 10361
- **Bank name:** FIRST CHOICE COMMUNITY BANK
- **Location:** DALLAS, GA
- **Failure date:** 2011-04-29
- **FDIC resolution date:** 2011-04-29
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $105M
- **Deposits at failure:** $295M
- **Assets at failure:** $291M
- **Acquiring bank:** BANK OF THE OZARKS (LITTLE ROCK, AR)

## Other banks BANK OF THE OZARKS has acquired in FDIC resolutions

- THE PARK AVENUE BANK (VALDOSTA, GA) — failed 2011-04-29 — /failed-bank/3925
- OGLETHORPE BANK (BRUNSWICK, GA) — failed 2011-01-14 — /failed-bank/3893
- CHESTATEE STATE BANK (DAWSONVILLE, GA) — failed 2010-12-17 — /failed-bank/3887
- HORIZON BANK (BRADENTON, FL) — failed 2010-09-10 — /failed-bank/3852
- WOODLANDS BANK (BLUFFTON, SC) — failed 2010-07-16 — /failed-bank/3828
- UNITY NATIONAL BANK (CARTERSVILLE, GA) — failed 2010-03-26 — /failed-bank/3771

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST CHOICE COMMUNITY BANK (FDIC ID 3929), failed 2011-04-29. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3929.

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