Crescent Bank and Trust Company
Jasper, GA · Owner: Crescent Banking Co
$970M
total assets, June 30, 2010
$970M
total assets, June 30, 2010
Crescent Bank and Trust Company was a state nonmember bank in Jasper, GA, owned by Crescent Banking Co. It failed on Jul 23, 2010, and Renasant Bank took over its deposits. At its last report it held $970.2 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2010
This bank failed
- Failed on
- Jul 23, 2010
- Assets
- $970M
- Deposits
- $933M
- Estimated cost
- $304M
- Deposits went to
- Renasant Bank, Tupelo, MS
Total assets
$970M
-6.3% in a year · -4.1% in a quarter
Deposits
$933M
-1.9% in a year · -3.4% in a quarter
Loans
$650M
-15.8% in a year · -8.2% in a quarter
Profit so far
-$19.0M
Jan 1 to Jun 30, 2010
Capital ratio
0.60%
-3.79 pts in a year
Return on assets
-3.84%
-1.19 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 120 Appalachian Parkway, Jasper, GA, 30143
- County
- Pickens
- Holding company
- Crescent Banking Co
- Established
- Aug 14, 1989
- Failed
- Jul 23, 2010
- Employees
- 166
- Branches
- 11
- Id
- b27559
Quarter by quarter
September 30, 1989 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 Crescent Bank and Trust Company?
$970.2 million in total assets and $932.8 million in deposits as of June 30, 2010, with assets down 6.3% from a year before. Its loans were $649.9 million.
How many branches does Crescent Bank and Trust Company have?
11 branches in Georgia as of June 30, 2026.
Is Crescent Bank and Trust Company profitable?
No: it lost $19.0 million from January 1 to June 30, 2010. Its return on assets was -3.84% a year; about 1% is typical.
Who owns Crescent Bank and Trust Company?
Crescent Bank and Trust Company is owned by Crescent Banking Co, its holding company.
When did Crescent Bank and Trust Company fail?
Jul 23, 2010. Renasant Bank of Tupelo, MS took over its deposits. The estimated cost of the failure was $303.7 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.