Data / Bank failures / 2012 / Security Exchange Bank
Security Exchange Bank, Marietta, GA: failed June 15, 2012
Security Exchange Bank in Marietta, Georgia, failed on June 15, 2012. Fidelity Bank of Atlanta, GA, took over its deposits. It held $151 million in assets and $147.9 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $44.8 million (29.6% of its assets). By assets it was the 28th largest of 51 banks closed or assisted in 2012.
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The FDIC's record
- Closed
- June 15, 2012
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Fidelity Bank, Atlanta, GA
- Total assets
- $150,962,000
- Total deposits
- $147,896,000
- Estimated cost to the FDIC
- $44,759,752 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 35299
Other bank failures in Georgia, 2010 to 2014
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Eastside Commercial Bank | Conyers | July 18, 2014 | $173.9 million | $166.9 million | $38.3 million | Community & Southern Bank |
| 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 |
| Georgia Trust Bank | Buford | July 20, 2012 | $116.9 million | $114.7 million | $25.3 million | Community & Southern Bank |
| First Cherokee State Bank | Woodstock | July 20, 2012 | $209 million | $182.1 million | $36.2 million | Community & Southern Bank |
Other failed banks Fidelity Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| The Bank of Georgia | Peachtree City | GA | October 2, 2015 | $286.1 million | $264.2 million | $27.8 million | Fidelity Bank |
| Decatur First Bank | Decatur | GA | October 21, 2011 | $184.8 million | $172 million | $24.6 million | Fidelity Bank |
| Fort Worth State Bank | Fort Worth | TX | September 27, 1990 | $20.7 million | $22.2 million | $9.3 million | Fidelity Bank |
| Fidelity National Bank of Fort Worth | Fort Worth | TX | October 6, 1988 | $33.8 million | $32.5 million | $10.6 million | Fidelity Bank |
All bank failures in 2012 · All bank failures in Georgia · Every failed bank Fidelity 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.