# PIEDMONT COMMUNITY BANK

> **Failed bank** · GRAY, GA · failed 2011-10-14 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $88M

## What happened

PIEDMONT COMMUNITY BANK of GRAY, GA was closed by regulators on **2011-10-14**. 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:** 3969
- **FDIC Certificate:** 57256
- **FDIC FIN:** 10404
- **Bank name:** PIEDMONT COMMUNITY BANK
- **Location:** GRAY, GA
- **Failure date:** 2011-10-14
- **FDIC resolution date:** 2011-10-14
- **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:** $88M
- **Deposits at failure:** $179M
- **Assets at failure:** $199M
- **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
- 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
- FIRST SECURITY NATIONAL BANK (NORCROSS, GA) — failed 2009-12-04 — /failed-bank/3720
- 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=PIEDMONT%20COMMUNITY%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, PIEDMONT COMMUNITY BANK (FDIC ID 3969), failed 2011-10-14. Retrieved via AI Analytics 2026-05-16 from https://api.ai-analytics.org/failed-bank/3969.

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