Data / Bank failures / 2016 / The Woodbury Banking Company
The Woodbury Banking Company, Woodbury, GA: failed August 19, 2016
The Woodbury Banking Company in Woodbury, Georgia, failed on August 19, 2016. United Bank of Zebulon, GA, took over its deposits. It held $21.4 million in assets and $21.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $3.3 million (15.4% of its assets). By assets it was the 4th largest of 5 banks closed or assisted in 2016.
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The FDIC's record
- Closed
- August 19, 2016
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- United Bank, Zebulon, GA
- Total assets
- $21,426,000
- Total deposits
- $21,122,000
- Estimated cost to the FDIC
- $3,290,043 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 11297
Other bank failures in Georgia, 2014 to 2018
| 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 |
Other failed banks United Bank took over
| Bank | City | State | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|---|
| The First National Bank of Barnesville | Barnesville | GA | October 22, 2010 | $126.6 million | $122.9 million | $46.9 million | United Bank |
| First Coweta | Newnan | GA | August 21, 2009 | $163.8 million | $154.9 million | $66.7 million | United Bank |
| First Georgia Community Bank | Jackson | GA | December 5, 2008 | $256.4 million | $215.3 million | $86.3 million | United Bank |
All bank failures in 2016 · All bank failures in Georgia · Every failed bank United 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.