Community Bank and Trust - West Georgia
Lagrange, GA · Owner: Community Bankshares Inc
$293M
total assets, March 31, 2026
$293M
total assets, March 31, 2026
Community Bank and Trust - West Georgia was a state nonmember bank in Lagrange, GA, owned by Community Bankshares Inc. It failed on May 1, 2026, and Anchor Bank took over its deposits. At its last report it held $305.7 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2026
This bank failed
- Failed on
- May 1, 2026
- Assets
- $306M
- Deposits
- $296M
- Estimated cost
- $97.3M
- Deposits went to
- Anchor Bank, Palm Beach Gardens, FL
Total assets
$293M
+23.9% in a year · +1.5% in a quarter
Deposits
$287M
+42.6% in a year · +6.8% in a quarter
Loans
$191M
+2.3% in a year · -0.2% in a quarter
Profit so far
-$5.0M
Jan 1 to Mar 31, 2026 · -41716.7% in a year
Capital ratio
0.16%
-7.17 pts in a year
Return on assets
-6.88%
-6.90 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 201 Broad St, Lagrange, GA, 30240
- County
- Troup
- Holding company
- Community Bankshares Inc
- Established
- Dec 15, 1984
- Failed
- May 1, 2026
- Employees
- 44
- Branches
- 3
- Id
- b25796
Quarter by quarter
December 31, 1984 to March 31, 2026
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 Community Bank and Trust - West Georgia?
$292.6 million in total assets and $286.6 million in deposits as of March 31, 2026, with assets up 23.9% from a year before. Its loans were $190.6 million.
How many branches does Community Bank and Trust - West Georgia have?
3 branches in Georgia as of June 30, 2026.
Is Community Bank and Trust - West Georgia profitable?
No: it lost $4.99 million from January 1 to March 31, 2026. Its return on assets was -6.88% a year; about 1% is typical.
Who owns Community Bank and Trust - West Georgia?
Community Bank and Trust - West Georgia is owned by Community Bankshares Inc, its holding company.
When did Community Bank and Trust - West Georgia fail?
May 1, 2026. Anchor Bank of Palm Beach Gardens, FL took over its deposits. The estimated cost of the failure was $97.3 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.