# GEORGIA TRUST BANK

> **Failed bank** · BUFORD, GA · failed 2012-07-20 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $25M

## What happened

GEORGIA TRUST BANK of BUFORD, GA was closed by regulators on **2012-07-20**. The FDIC was named receiver.

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

Deposits were transferred to **COMMUNITY & SOUTHERN BANK** (ATLANTA, GA). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 4020
- **FDIC Certificate:** 57847
- **FDIC FIN:** 10451
- **Bank name:** GEORGIA TRUST BANK
- **Location:** BUFORD, GA
- **Failure date:** 2012-07-20
- **FDIC resolution date:** 2012-07-20
- **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:** $25M
- **Deposits at failure:** $115M
- **Assets at failure:** $117M
- **Acquiring bank:** COMMUNITY & SOUTHERN BANK (ATLANTA, GA)

## Other banks COMMUNITY & SOUTHERN BANK has acquired in FDIC resolutions

- EASTSIDE COMMERCIAL BANK (CONYERS, GA) — failed 2014-07-18 — /failed-bank/4070
- FIRST CHEROKEE STATE BANK (WOODSTOCK, GA) — failed 2012-07-20 — /failed-bank/4018
- THE BANK OF ELLIJAY (ELLIJAY, GA) — failed 2010-09-17 — /failed-bank/3858
- FIRST COMMERCE COMMUNITY BANK (DOUGLASVILLE, GA) — failed 2010-09-17 — /failed-bank/3857
- THE PEOPLES BANK (WINDER, GA) — failed 2010-09-17 — /failed-bank/3853
- APPALACHIAN COMMUNITY BANK (ELLIJAY, GA) — failed 2010-03-19 — /failed-bank/3769
- FIRST NATIONAL BANK OF GEORGIA (CARROLLTON, GA) — failed 2010-01-29 — /failed-bank/3746

## Primary source

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

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, GEORGIA TRUST BANK (FDIC ID 4020), failed 2012-07-20. Retrieved via AI Analytics 2026-05-20 from https://api.ai-analytics.org/failed-bank/4020.

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