Data / Bank failures / 2009 / Community Bank of West Georgia
Community Bank of West Georgia, Villa Rica, GA: failed June 26, 2009
Community Bank of West Georgia in Villa Rica, Georgia, failed on June 26, 2009. It held $201.2 million in assets and $189.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $71.7 million (35.6% of its assets). By assets it was the 91st largest of 148 banks closed or assisted in 2009.
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The FDIC's record
- Closed
- June 26, 2009
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $201,222,000
- Total deposits
- $189,398,000
- Estimated cost to the FDIC
- $71,712,316 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- DIF
- FDIC certificate
- 57436
Other bank failures in Georgia, 2007 to 2011
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Community Bank of Rockmart | Rockmart | November 10, 2011 | $62.4 million | $55.9 million | $20.3 million | Century Bank of Georgia |
| Community Capital Bank | Jonesboro | October 21, 2011 | $165.3 million | $157.8 million | $65 million | State Bank and Trust Company |
| Decatur First Bank | Decatur | October 21, 2011 | $184.8 million | $172 million | $24.6 million | Fidelity Bank |
| Piedmont Community Bank | Gray | October 14, 2011 | $199 million | $178.8 million | $88.2 million | State Bank and Trust Company |
| Patriot Bank of Georgia | Cumming | September 2, 2011 | $150.8 million | $140.6 million | $54.2 million | Georgia Commerce Bank |
| Creekside Bank | Woodstock | September 2, 2011 | $102.3 million | $96.6 million | $33.8 million | Georgia Commerce Bank |
| First Southern National Bank | Statesboro | August 19, 2011 | $164.6 million | $159.7 million | $22.2 million | Heritage Bank of the South |
| One Georgia Bank | Atlanta | July 15, 2011 | $177.7 million | $158.1 million | $40.6 million | Ameris Bank |
All bank failures in 2009 · 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.