Data / Bank failures / 2026 / Community Bank and Trust - West Georgia
Community Bank and Trust - West Georgia, Lagrange, GA: failed May 1, 2026
Community Bank and Trust - West Georgia in Lagrange, Georgia, failed on May 1, 2026. Anchor Bank of Palm Beach Gardens, FL, took over its deposits. It held $305.7 million in assets and $296.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $97.3 million (31.8% of its assets). By assets it was the largest of 4 banks closed or assisted in 2026.
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The FDIC's record
- Closed
- May 1, 2026
- Type
- Failure
- How it was resolved
- Purchase and assumption of the insured deposits only
- Acquirer
- Anchor Bank, Palm Beach Gardens, FL
- Total assets
- $305,716,000
- Total deposits
- $296,420,000
- Estimated cost to the FDIC
- $97,284,000 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 25796
All bank failures in 2026 · 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.