$114M
total assets, June 30, 2009
First Piedmont Bank was a state nonmember bank in Winder, GA. It failed on Jul 17, 2009, and First American Bank And Trust Company took over its deposits. At its last report it held $114.1 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2009
This bank failed
- Failed on
- Jul 17, 2009
- Assets
- $114M
- Deposits
- $108M
- Estimated cost
- $38.0M
- Deposits went to
- First American Bank And Trust Company, Athens, GA
Total assets
$114M
-13.9% in a year · -8.0% in a quarter
Deposits
$108M
-8.4% in a year · -6.8% in a quarter
Loans
$70.8M
-25.6% in a year · -4.0% in a quarter
Profit so far
-$2.8M
Jan 1 to Jun 30, 2009
Capital ratio
2.55%
-6.34 pts in a year
Return on assets
-4.67%
-3.89 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 65 East May Street, Winder, GA, 30680
- County
- Barrow
- Established
- Apr 15, 1998
- Failed
- Jul 17, 2009
- Employees
- 22
- Branches
- 2
- Id
- b34594
Quarter by quarter
June 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 First Piedmont Bank?
$114.1 million in total assets and $108.5 million in deposits as of June 30, 2009, with assets down 13.9% from a year before. Its loans were $70.8 million.
How many branches does First Piedmont Bank have?
2 branches in Georgia as of June 30, 2026.
Is First Piedmont Bank profitable?
No: it lost $2.81 million from January 1 to June 30, 2009. Its return on assets was -4.67% a year; about 1% is typical.
When did First Piedmont Bank fail?
Jul 17, 2009. First American Bank And Trust Company of Athens, GA took over its deposits. The estimated cost of the failure was $38.0 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.