$354M
total assets, September 30, 2008
Alpha Bank & Trust was a state nonmember bank in Alpharetta, GA. It failed on Oct 24, 2008, and Stearns Bank, Na took over its deposits. At its last report it held $354.1 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2008
This bank failed
- Failed on
- Oct 24, 2008
- Assets
- $354M
- Deposits
- $344M
- Estimated cost
- $211M
- Deposits went to
- Stearns Bank, Na, ST. Cloud, MN
Total assets
$354M
+6.0% in a year · -7.6% in a quarter
Deposits
$344M
+18.9% in a year · -4.4% in a quarter
Loans
$296M
+1.7% in a year · -7.9% in a quarter
Profit so far
-$21.9M
Jan 1 to Sep 30, 2008 · -5215.9% in a year
Capital ratio
1.38%
-9.97 pts in a year
Return on assets
-7.88%
-8.10 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 3651 Old Milton Pkwy, Alpharetta, GA, 30005
- County
- Fulton
- Established
- May 8, 2006
- Failed
- Oct 24, 2008
- Employees
- 35
- Branches
- 2
- Id
- b58241
Quarter by quarter
June 30, 2006 to September 30, 2008
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 10
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Alpha Bank & Trust?
$354.1 million in total assets and $344.2 million in deposits as of September 30, 2008, with assets up 6.0% from a year before. Its loans were $295.9 million.
How many branches does Alpha Bank & Trust have?
2 branches in Georgia as of June 30, 2026.
Is Alpha Bank & Trust profitable?
No: it lost $21.9 million from January 1 to September 30, 2008. Its return on assets was -7.88% a year; about 1% is typical.
When did Alpha Bank & Trust fail?
Oct 24, 2008. Stearns Bank, Na of ST. Cloud, MN took over its deposits. The estimated cost of the failure was $211.3 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.