Data / Bank failures / 2014 / Eastside Commercial Bank
Eastside Commercial Bank, Conyers, GA: failed July 18, 2014
Eastside Commercial Bank in Conyers, Georgia, failed on July 18, 2014. Community & Southern Bank of Atlanta, GA, took over its deposits. It held $173.9 million in assets and $166.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $38.3 million (22% of its assets). By assets it was the 4th largest of 18 banks closed or assisted in 2014.
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The FDIC's record
- Closed
- July 18, 2014
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Community & Southern Bank, Atlanta, GA
- Total assets
- $173,946,000
- Total deposits
- $166,875,000
- Estimated cost to the FDIC
- $38,333,608 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 58125
Other bank failures in Georgia, 2012 to 2016
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| The Woodbury Banking Company | Woodbury | August 19, 2016 | $21.4 million | $21.1 million | $3.3 million | United Bank |
| The Bank of Georgia | Peachtree City | October 2, 2015 | $286.1 million | $264.2 million | $27.8 million | Fidelity Bank |
| Capitol City Bank & Trust Company | Atlanta | February 13, 2015 | $272.3 million | $262.7 million | $95.9 million | First-Citizens Bank & Trust Company |
| Sunrise Bank | Valdosta | May 10, 2013 | $60.8 million | $57.8 million | $16 million | Synovus Bank |
| Douglas County Bank | Douglasville | April 26, 2013 | $317.3 million | $315.3 million | $89.6 million | Hamilton State Bank |
| Frontier Bank | Lagrange | March 8, 2013 | $258.8 million | $224.1 million | $73.4 million | Heritage Bank of the South |
| Hometown Communitybank | Braselton | November 16, 2012 | $124.6 million | $108.9 million | $39.7 million | Certusbank, National Association |
| Jasper Banking Company | Jasper | July 27, 2012 | $206.7 million | $204.2 million | $49.2 million | Stearns Bank National Association |
Other failed banks Community & Southern Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| Georgia Trust Bank | Buford | GA | July 20, 2012 | $116.9 million | $114.7 million | $25.3 million | Community & Southern Bank |
| First Cherokee State Bank | Woodstock | GA | July 20, 2012 | $209 million | $182.1 million | $36.2 million | Community & Southern Bank |
| The Bank of Ellijay | Ellijay | GA | September 17, 2010 | $168.8 million | $160.7 million | $79.7 million | Community & Southern Bank |
| First Commerce Community Bank | Douglasville | GA | September 17, 2010 | $248.2 million | $242.8 million | $101 million | Community & Southern Bank |
| The Peoples Bank | Winder | GA | September 17, 2010 | $447.2 million | $398.2 million | $101.9 million | Community & Southern Bank |
| Appalachian Community Bank | Ellijay | GA | March 19, 2010 | $1.01 billion | $917.6 million | $456.5 million | Community & Southern Bank |
| First National Bank of Georgia | Carrollton | GA | January 29, 2010 | $840.6 million | $780.2 million | $203.9 million | Community & Southern Bank |
All bank failures in 2014 · All bank failures in Georgia · Every failed bank Community & Southern Bank took over · 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.