Data / Bank failures / Community & Southern Bank
Failed banks taken over by Community & Southern Bank: 8
Community & Southern Bank took over 8 failed banks between January 29, 2010 and July 18, 2014, holding $3.21 billion in assets and $2.96 billion in deposits. The FDIC estimates the cost to its insurance fund at $1.04 billion. The largest: Appalachian Community Bank ($1.01 billion), First National Bank of Georgia ($840.6 million), The Peoples Bank ($447.2 million).
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Every bank it took over, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Eastside Commercial Bank | Conyers | GA | July 18, 2014 | $173.9 million | $166.9 million | $38.3 million | Community & Southern Bank |
| Georgia Trust Bank | Buford | GA | July 20, 2012 | $116.9 million | $114.7 million | $25.3 million | Community & Southern Bank |
| First Cherokee State Bank | Woodstock | GA | July 20, 2012 | $209 million | $182.1 million | $36.2 million | Community & Southern Bank |
| The Bank of Ellijay | Ellijay | GA | September 17, 2010 | $168.8 million | $160.7 million | $79.7 million | Community & Southern Bank |
| First Commerce Community Bank | Douglasville | GA | September 17, 2010 | $248.2 million | $242.8 million | $101 million | Community & Southern Bank |
| The Peoples Bank | Winder | GA | September 17, 2010 | $447.2 million | $398.2 million | $101.9 million | Community & Southern Bank |
| Appalachian Community Bank | Ellijay | GA | March 19, 2010 | $1.01 billion | $917.6 million | $456.5 million | Community & Southern Bank |
| First National Bank of Georgia | Carrollton | GA | January 29, 2010 | $840.6 million | $780.2 million | $203.9 million | Community & Southern Bank |
Other acquiring banks
- NCNB Texas National Bank 66
- Texas American Bridge Bank 24
- Bank One, Texas, N.A. 20
- First State Bank 18
- Kilgore FS&LA 16
- The First National Bank of 16
- Consolidated S&LA 15
- Hibernia National Bank in T 15
- Citizens Bank 12
- State Bank and Trust Company 12
- Deposit Guaranty Bank 11
- First Bank 11
- Olney S&LA 11
- U.S. Bank, NA 11
- American Federal Bank FSB 10
- Ameris Bank 10
- Central Bank 9
- First-Citizens Bank & Trust Company 9
- Home Sa of America 9
- Citizens State Bank 8
- First American Bank 8
- Bank of the Ozarks 7
- Centennial Bank 7
- Channelview Bank 7
- Hibernia National Bank 7
- Pacific Southwest SB FSB 7
- Premier American Bank, National Association 7
- Texas Commerce Bank NA 7
- Bank One, Texas, National A 6
- Comerica Bank-Texas 6
- First FSB 6
- First National Bank 6
- Horizon FS&LA 6
- Household Bank FSB 6
- Republic Bank of Chicago 6
- Sunbelt Savings FSB 6
- 1ST United Bank 5
- American National Bank 5
- Anchor Savings Bank FSB 5
- Centerstate Bank of Florida, National Association 5
Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.