Data / Bank failures / 2012 / Alabama Trust Bank, National Association
Alabama Trust Bank, National Association, Sylacauga, AL: failed May 18, 2012
Alabama Trust Bank, National Association in Sylacauga, Alabama, failed on May 18, 2012. Southern States Bank of Anniston, AL, took over its deposits. It held $51.6 million in assets and $45.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $10.7 million (20.7% of its assets). By assets it was the 45th largest of 51 banks closed or assisted in 2012.
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The FDIC's record
- Closed
- May 18, 2012
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Southern States Bank, Anniston, AL
- Total assets
- $51,553,000
- Total deposits
- $45,149,000
- Estimated cost to the FDIC
- $10,671,923 (estimate as of July 31, 2026)
- Charter
- National bank (supervised by the OCC)
- Insurance fund
- DIF
- FDIC certificate
- 35224
Other bank failures in Alabama, 2010 to 2014
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Nexity Bank | Birmingham | April 15, 2011 | $757.6 million | $611.7 million | $182 million | Alostar Bank of Commerce |
| Superior Bank | Birmingham | April 15, 2011 | $2.98 billion | $2.74 billion | $281.2 million | Superior Bank, N.A. |
| First Lowndes Bank | Fort Deposit | March 19, 2010 | $137.2 million | $131.1 million | $11.7 million | First Citizens Bank |
All bank failures in 2012 · All bank failures in Alabama · The full failed bank list
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.