First Security National Bank
Norcross, GA · Owner: First Security Emp STK Ownership TR
$127M
total assets, September 30, 2009
$127M
total assets, September 30, 2009
First Security National Bank was a national bank in Norcross, GA, owned by First Security Emp STK Ownership TR. It failed on Dec 4, 2009, and State Bank And Trust Company took over its deposits. At its last report it held $127.5 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2009
This bank failed
- Failed on
- Dec 4, 2009
- Assets
- $127M
- Deposits
- $122M
- Estimated cost
- $34.3M
- Deposits went to
- State Bank And Trust Company, Macon, GA
Total assets
$127M
-6.4% in a year · -0.9% in a quarter
Deposits
$122M
+2.2% in a year · +1.1% in a quarter
Loans
$51.2M
-37.1% in a year · -8.1% in a quarter
Profit so far
-$9.7M
Jan 1 to Sep 30, 2009
Capital ratio
2.01%
-8.00 pts in a year
Return on assets
-9.76%
-7.53 pts in a year
Facts
- Type
- National bank
- Head office
- 6170 Peachtree Parkway At Peachtree Corners, Norcross, GA, 30092
- County
- Gwinnett
- Holding company
- First Security Emp STK Ownership TR
- Established
- Jun 25, 1985
- Failed
- Dec 4, 2009
- Employees
- 24
- Branches
- 4
- Id
- b26290
Quarter by quarter
June 30, 1985 to September 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 Security National Bank?
$127.5 million in total assets and $121.6 million in deposits as of September 30, 2009, with assets down 6.4% from a year before. Its loans were $51.2 million.
How many branches does First Security National Bank have?
4 branches in Georgia as of June 30, 2026.
Is First Security National Bank profitable?
No: it lost $9.72 million from January 1 to September 30, 2009. Its return on assets was -9.76% a year; about 1% is typical.
Who owns First Security National Bank?
First Security National Bank is owned by First Security Emp STK Ownership TR, its holding company.
When did First Security National Bank fail?
Dec 4, 2009. State Bank And Trust Company of Macon, GA took over its deposits. The estimated cost of the failure was $34.3 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.