State Coverage: Georgia
Regulators Shut Banks in Delaware, Ohio and Georgia
American Banker | Mar 22Regulators closed three banks Friday, including the largest bank subsidiary of bankrupt Advanta Corp., to bring the year's failure toll to 33.
Ailing PAB Plans $85M Stock Issue
American Banker | Mar 12PAB Bankshares Inc. in Georgia says it plans to raise $85 million through a common stock offering.
Heritage to Buy Branches
American Banker | Feb 26The parent company of HeritageBank of the South in Albany, Ga., announced a deal Thursday to acquire five branches from the Park Avenue Bank, which has struggled with credit-quality problems.
PE Buyers Strike Again as Six Banks Fail
American Banker | Feb 01For the second Friday in a row, the FDIC relied on new-bank capital to find homes for the operations of failed institutions.
Loan Sales Look Better to Banks with Fresh Capital
American Banker | Feb 01Loan sales helped a growing number of community banks push some of their problems out the door in the fourth quarter.
Fidelity Southern Bullish on 2010
American Banker | Jan 28With nonperforming assets declining and two consecutive profitable quarters under its belt, the Atlanta company is planning for a year of black ink.
FDIC Oversight in Three Failures Faulted
American Banker | Jan 12A new round of watchdog reports says the Federal Deposit Insurance Corp. could have been tougher in regulating three community banks that later closed.
New Exchange Deal at Appalachian
American Banker | Jan 06Appalachian Bancshares said Tuesday in a SEC filing that it exchanged $1.1M of fixed-rate subordinated notes for 2.2M shares of common stock in a deal with seven investors ...
IndyMac's Buyer Does Another Deal with FDIC
Seven more banks fail; government gets creative
American Banker | Dec 21Seven failed banks holding a combined $14 billion in assets failed Friday in what was yet another busy night for the Federal Deposit Insurance Corp.
AmTrust Largest of Six Failures Friday
New York Community buys the Cleveland-based thrift
American Banker | Dec 07Less than a week after its parent's bankruptcy filing, Cleveland-based AmTrust Bank failed Friday at a cost of $2 billion to the government.
U.S., China Team Up on Failed San Francisco Bank
American Banker | Nov 09Officials announced the elaborate closing of United Commercial Bank Friday night in a deal involving both U.S. and Chinese regulators and a buyer poised to assume the bank's ...
Bad Loans Shrink at Georgia's Atlantic Coast, But 3Q Loss Rises
American Banker | Nov 02For the first time in more than two years, nonperforming assets at Atlantic Coast Federal Corp. in Waycross, Ga., went down.
Failures in Triple Digits After 7 Banks Fall
American Banker | Oct 26Failures in 2009 shot past the 100-mark late Friday as regulators swooped into seven community banks in the Midwest and southeast.
Georgia Bank Sees Loan Trouble Peaking
American Banker | Oct 26Though United Community Banks continued to suffer worse-than-expected loan losses in the third quarter, it offered an optimistic outlook on a conference call Friday.
$2B Asset Georgian Bank Collapses
American Banker | Sep 28Regulators closed the $2 billion-asset Georgian Bank in Atlanta on Friday, the industry's 95th failure of the year.
More Georgia News
- Georgia Bank Says Survival in Doubt
- Out $40 Million, an Investor Reflects on a Rare Miss
- In Georgia, Step One is Resolution; Step Two: Roll-Up
- Georgia Bank Expects to Satisfy Order
- United Community Swings to Loss
- Yearly Failure Total Hits 55
- Capital's Not the Half of It: Woes of Start-Ups
- Investment Banker Starts Firm to Recapitalize Banks
- Stars Align for M&A on Gulf Coast
- '09 Failures Up More Than 10% in One Night
- Georgia's Cherokee Told to Improve Capital
- Total Failures Rise to 40
- Bankers' Banks Mine for Gold In Southeast, Silverton Country
- FDIC to Sell Silverton in Parts
- Bankers' Banks: Not Like Silverton, But Challenged
