# CENTRAL BANK OF GEORGIA

> **Failed bank** · ELLAVILLE, GA · failed 2012-02-24 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $52M

## What happened

CENTRAL BANK OF GEORGIA of ELLAVILLE, GA was closed by regulators on **2012-02-24**. The FDIC was named receiver.

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

Deposits were transferred to **AMERIS BANK** (MOULTRIE, GA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3992
- **FDIC Certificate:** 5687
- **FDIC FIN:** 10426
- **Bank name:** CENTRAL BANK OF GEORGIA
- **Location:** ELLAVILLE, GA
- **Failure date:** 2012-02-24
- **FDIC resolution date:** 2012-02-24
- **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:** $52M
- **Deposits at failure:** $267M
- **Assets at failure:** $279M
- **Acquiring bank:** AMERIS BANK (MOULTRIE, GA)

## Other banks AMERIS BANK has acquired in FDIC resolutions

- MONTGOMERY BANK & TRUST (AILEY, GA) — failed 2012-07-06 — /failed-bank/4014
- ONE GEORGIA BANK (ATLANTA, GA) — failed 2011-07-15 — /failed-bank/3945
- HIGH TRUST BANK (STOCKBRIDGE, GA) — failed 2011-07-15 — /failed-bank/3942
- TIFTON BANKING COMPANY (TIFTON, GA) — failed 2010-11-12 — /failed-bank/3879
- DARBY BANK & TRUST COMPANY (VIDALIA, GA) — failed 2010-11-12 — /failed-bank/3877
- FIRST BANK OF JACKSONVILLE (JACKSONVILLE, FL) — failed 2010-10-22 — /failed-bank/3869
- SATILLA COMMUNITY BANK (SAINT MARYS, GA) — failed 2010-05-14 — /failed-bank/3804
- UNITED SECURITY BANK (SPARTA, GA) — failed 2009-11-06 — /failed-bank/3710
- AMERICAN UNITED BANK (LAWRENCEVILLE, GA) — failed 2009-10-23 — /failed-bank/3697

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CENTRAL%20BANK%20OF%20GEORGIA

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CENTRAL BANK OF GEORGIA (FDIC ID 3992), failed 2012-02-24. Retrieved via AI Analytics 2026-05-17 from https://api.ai-analytics.org/failed-bank/3992.

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