Data / Bank failures / 2002 / Amtrade International Bank of Georgia
Amtrade International Bank of Georgia, Atlanta, GA: failed September 30, 2002
Amtrade International Bank of Georgia in Atlanta, Georgia, failed on September 30, 2002. It held $92.1 million in assets and $73.2 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.3 million (1.4% of its assets). By assets it was the 4th largest of 11 banks closed or assisted in 2002.
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The FDIC's record
- Closed
- September 30, 2002
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $92,144,000
- Total deposits
- $73,205,000
- Estimated cost to the FDIC
- $1,325,766 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- BIF
- FDIC certificate
- 33784
Other bank failures in Georgia, 2000 to 2004
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Mutual Federal Savings Bank of Atlanta | Atlanta | March 10, 2000 | $31.5 million | $32.2 million | $1.3 million | Citizens Trust Bank |
All bank failures in 2002 · All bank failures in Georgia · 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.