Data / Bank failures / State Bank and Trust Company
Failed banks taken over by State Bank and Trust Company: 12
State Bank and Trust Company took over 12 failed banks between July 24, 2009 and October 21, 2011, holding $4.13 billion in assets and $3.76 billion in deposits. The FDIC estimates the cost to its insurance fund at $1.54 billion. The largest: Security Bank of Bibb County ($943.7 million), The Buckhead Community Bank ($856.2 million), Security Bank of Jones County ($432.7 million).
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Every bank it took over, newest first
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Community Capital Bank | Jonesboro | GA | October 21, 2011 | $165.3 million | $157.8 million | $65 million | State Bank and Trust Company |
| Piedmont Community Bank | Gray | GA | October 14, 2011 | $199 million | $178.8 million | $88.2 million | State Bank and Trust Company |
| United Americas Bank | Atlanta | GA | December 17, 2010 | $242.3 million | $193.8 million | $96.4 million | State Bank and Trust Company |
| Northwest Bank & Trust | Acworth | GA | July 30, 2010 | $160.8 million | $155.5 million | $33.6 million | State Bank and Trust Company |
| The Buckhead Community Bank | Atlanta | GA | December 4, 2009 | $856.2 million | $813.7 million | $310.6 million | State Bank and Trust Company |
| First Security National Bank | Norcross | GA | December 4, 2009 | $127.5 million | $121.6 million | $34.3 million | State Bank and Trust Company |
| Security Bank of North Fulton | Alpharetta | GA | July 24, 2009 | $190.6 million | $179.5 million | $49 million | State Bank and Trust Company |
| Security Bank of Gwinnett County | Suwannee | GA | July 24, 2009 | $259.2 million | $256.6 million | $193.4 million | State Bank and Trust Company |
| Security Bank of North Metro | Woodstock | GA | July 24, 2009 | $184.2 million | $182.4 million | $102 million | State Bank and Trust Company |
| Security Bank of Bibb County | Macon | GA | July 24, 2009 | $943.7 million | $831.4 million | $414.3 million | State Bank and Trust Company |
| Security Bank of Houston County | Perry | GA | July 24, 2009 | $371.6 million | $313.2 million | $51 million | State Bank and Trust Company |
| Security Bank of Jones County | Gray | GA | July 24, 2009 | $432.7 million | $375.2 million | $98.2 million | State Bank and Trust Company |
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
- 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
- Community & Southern 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.