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Data / Bank failures / 2008 / Integrity Bank

Integrity Bank, Alpharetta, GA: failed August 29, 2008

Integrity Bank in Alpharetta, Georgia, failed on August 29, 2008. Regions Bank of Birmingham, AL, took over its deposits. It held $1.11 billion in assets and $962.5 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $465.9 million (42.1% of its assets). By assets it was the 13th largest of 30 banks closed or assisted in 2008.

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The FDIC's record

Closed
August 29, 2008
Type
Failure
How it was resolved
Purchase and assumption: another bank took over the deposits
Acquirer
Regions Bank, Birmingham, AL
Total assets
$1,107,514,000
Total deposits
$962,456,000
Estimated cost to the FDIC
$465,942,478 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
DIF
FDIC certificate
35469

The FDIC record

Other bank failures in Georgia, 2006 to 2010

BankCityClosedAssetsDepositsEstimated costAcquirer
Appalacian Community Bank, F.S.B.McCaysvilleDecember 17, 2010$68.2 million$76.4 million$28.5 millionPeoples Bank of East Tennessee
United Americas BankAtlantaDecember 17, 2010$242.3 million$193.8 million$96.4 millionState Bank and Trust Company
Chestatee State BankDawsonvilleDecember 17, 2010$244.4 million$240.5 million$83.1 millionBank of the Ozarks
Tifton Banking CompanyTiftonNovember 12, 2010$143.7 million$141.6 million$21.4 millionAmeris Bank
Darby Bank & Trust CompanyVidaliaNovember 12, 2010$654.7 million$587.6 million$125.9 millionAmeris Bank
The Gordon BankGordonOctober 22, 2010$29.3 million$26.9 million$10.4 millionMorris Bank
The First National Bank of BarnesvilleBarnesvilleOctober 22, 2010$126.6 million$122.9 million$46.9 millionUnited Bank
The Bank of EllijayEllijaySeptember 17, 2010$168.8 million$160.7 million$79.7 millionCommunity & Southern Bank

Other failed banks Regions Bank took over

BankCityStateClosedAssetsDepositsEstimated costAcquirer
Firstbank Financial ServicesMcDonoughGAFebruary 6, 2009$317.2 million$279.3 million$151.3 millionRegions Bank

All bank failures in 2008 · All bank failures in Georgia · Every failed bank Regions 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.