Data / Bank failures / 2013 / Sunrise Bank
Sunrise Bank, Valdosta, GA: failed May 10, 2013
Sunrise Bank in Valdosta, Georgia, failed on May 10, 2013. Synovus Bank of Columbus, GA, took over its deposits. It held $60.8 million in assets and $57.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $16 million (26.3% of its assets). By assets it was the 14th largest of 24 banks closed or assisted in 2013.
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The FDIC's record
- Closed
- May 10, 2013
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Synovus Bank, Columbus, GA
- Total assets
- $60,793,000
- Total deposits
- $57,775,000
- Estimated cost to the FDIC
- $16,002,247 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 58185
Other bank failures in Georgia, 2011 to 2015
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| 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 |
| Eastside Commercial Bank | Conyers | July 18, 2014 | $173.9 million | $166.9 million | $38.3 million | Community & Southern 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 |
All bank failures in 2013 · 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.