$169M
total assets, June 30, 2010
Bank of Ellijay was a state nonmember bank in Ellijay, GA. It failed on Sep 17, 2010, and Community & Southern Bank took over its deposits. At its last report it held $168.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Sep 17, 2010
- Assets
- $169M
- Deposits
- $161M
- Estimated cost
- $79.7M
- Deposits went to
- Community & Southern Bank, Carrollton, GA
Total assets
$169M
-5.1% in a year · -1.7% in a quarter
Deposits
$161M
+1.8% in a year · +0.7% in a quarter
Loans
$118M
-15.1% in a year · -6.5% in a quarter
Profit so far
-$7.2M
Jan 1 to Jun 30, 2010
Capital ratio
0.50%
-5.50 pts in a year
Return on assets
-8.34%
-5.34 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 134 Industrial Boulevard, Ellijay, GA, 30540
- County
- Gilmer
- Established
- Apr 3, 2006
- Failed
- Sep 17, 2010
- Employees
- 27
- Branches
- 2
- Id
- b58197
Quarter by quarter
June 30, 2006 to June 30, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Bank of Ellijay?
$168.8 million in total assets and $160.7 million in deposits as of June 30, 2010, with assets down 5.1% from a year before. Its loans were $117.6 million.
How many branches does Bank of Ellijay have?
2 branches in Georgia as of June 30, 2026.
Is Bank of Ellijay profitable?
No: it lost $7.15 million from January 1 to June 30, 2010. Its return on assets was -8.34% a year; about 1% is typical.
When did Bank of Ellijay fail?
Sep 17, 2010. Community & Southern Bank of Carrollton, GA took over its deposits. The estimated cost of the failure was $79.7 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.