Community Bank of West Georgia
Villa Rica, GA · Owner: Community Bancshares W Ga Inc
$201M
total assets, March 31, 2009
$201M
total assets, March 31, 2009
Community Bank of West Georgia was a state member bank in Villa Rica, GA, owned by Community Bancshares W Ga Inc. It failed on Jun 26, 2009, and its insured deposits were paid out. At its last report it held $201.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2009
This bank failed
- Failed on
- Jun 26, 2009
- Assets
- $201M
- Deposits
- $189M
- Estimated cost
- $71.7M
- Deposits went to
- payout
Total assets
$201M
-3.1% in a year · -0.9% in a quarter
Deposits
$189M
+8.4% in a year · +0.7% in a quarter
Loans
$130M
-27.1% in a year · -6.1% in a quarter
Profit so far
-$3.4M
Jan 1 to Mar 31, 2009
Capital ratio
3.58%
-3.64 pts in a year
Return on assets
-6.70%
-3.06 pts in a year
Facts
- Type
- State member bank
- Head office
- 662 Highway 61, Villa Rica, GA, 30180
- County
- Carroll
- Holding company
- Community Bancshares W Ga Inc
- Established
- Mar 25, 2003
- Failed
- Jun 26, 2009
- Employees
- 31
- Branches
- 1
- Id
- b57436
Quarter by quarter
March 31, 2003 to March 31, 2009
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 of West Georgia?
$201.2 million in total assets and $189.4 million in deposits as of March 31, 2009, with assets down 3.1% from a year before. Its loans were $129.6 million.
How many branches does Community Bank of West Georgia have?
1 branch in Georgia as of June 30, 2026.
Is Community Bank of West Georgia profitable?
No: it lost $3.38 million from January 1 to March 31, 2009. Its return on assets was -6.70% a year; about 1% is typical.
Who owns Community Bank of West Georgia?
Community Bank of West Georgia is owned by Community Bancshares W Ga Inc, its holding company.
When did Community Bank of West Georgia fail?
Jun 26, 2009. The estimated cost of the failure was $71.7 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.