$145M
total assets, June 30, 2009
Ebank was a savings bank in Atlanta, GA. It failed on Aug 21, 2009, and Stearns Bank, N.a. took over its deposits. At its last report it held $144.7 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2009
This bank failed
- Failed on
- Aug 21, 2009
- Assets
- $145M
- Deposits
- $132M
- Estimated cost
- $49.9M
- Deposits went to
- Stearns Bank, N.a., ST. Cloud, MN
Total assets
$145M
+5.0% in a year · -4.6% in a quarter
Deposits
$132M
+8.2% in a year · -3.7% in a quarter
Loans
$92.6M
-11.7% in a year · -4.7% in a quarter
Profit so far
-$3.3M
Jan 1 to Jun 30, 2009
Capital ratio
1.83%
-2.59 pts in a year
Return on assets
-4.40%
+0.58 pts in a year
Facts
- Type
- Savings bank
- Head office
- 2410 Paces Ferry Road, Suite 190, Atlanta, GA, 30339
- County
- Cobb
- Established
- Aug 17, 1998
- Failed
- Aug 21, 2009
- Employees
- 21
- Branches
- 1
- Id
- b34682
Quarter by quarter
September 30, 1998 to June 30, 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 Ebank?
$144.7 million in total assets and $131.5 million in deposits as of June 30, 2009, with assets up 5.0% from a year before. Its loans were $92.6 million.
How many branches does Ebank have?
1 branch in Georgia as of June 30, 2026.
Is Ebank profitable?
No: it lost $3.29 million from January 1 to June 30, 2009. Its return on assets was -4.40% a year; about 1% is typical.
When did Ebank fail?
Aug 21, 2009. Stearns Bank, N.a. of ST. Cloud, MN took over its deposits. The estimated cost of the failure was $49.9 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.