First Choice Community Bank
Dallas, GA · Owner: FMCB Holdings Inc
$291M
total assets, March 31, 2011
$291M
total assets, March 31, 2011
First Choice Community Bank was a state nonmember bank in Dallas, GA, owned by FMCB Holdings Inc. It failed on Apr 29, 2011, and Bank Of The Ozarks took over its deposits. At its last report it held $291.2 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2011
This bank failed
- Failed on
- Apr 29, 2011
- Assets
- $291M
- Deposits
- $295M
- Estimated cost
- $105M
- Deposits went to
- Bank Of The Ozarks, Little Rock, AR
Total assets
$291M
-19.5% in a year · -5.6% in a quarter
Deposits
$295M
-9.5% in a year · -4.9% in a quarter
Loans
$251M
-15.3% in a year · -4.1% in a quarter
Profit so far
-$746K
Jan 1 to Mar 31, 2011
Capital ratio
-6.75%
-14.31 pts in a year
Return on assets
-0.99%
+3.17 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 68 First National Drive, Dallas, GA, 30157
- County
- Paulding
- Holding company
- FMCB Holdings Inc
- Established
- Apr 9, 2007
- Failed
- Apr 29, 2011
- Employees
- 62
- Branches
- 7
- Id
- b58539
Quarter by quarter
June 30, 2007 to March 31, 2011
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 First Choice Community Bank?
$291.2 million in total assets and $294.8 million in deposits as of March 31, 2011, with assets down 19.5% from a year before. Its loans were $251.1 million.
How many branches does First Choice Community Bank have?
7 branches in Georgia as of June 30, 2026.
Is First Choice Community Bank profitable?
No: it lost $746,000 from January 1 to March 31, 2011. Its return on assets was -0.99% a year; about 1% is typical.
Who owns First Choice Community Bank?
First Choice Community Bank is owned by FMCB Holdings Inc, its holding company.
When did First Choice Community Bank fail?
Apr 29, 2011. Bank Of The Ozarks of Little Rock, AR took over its deposits. The estimated cost of the failure was $105.2 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.