Frontier Bank
Lagrange, GA · Owner: Frontier National Corp
$259M
total assets, December 31, 2012
$259M
total assets, December 31, 2012
Frontier Bank was a state nonmember bank in Lagrange, GA, owned by Frontier National Corp. It failed on Mar 8, 2013, and Heritage Bank Of The South took over its deposits. At its last report it held $258.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2012
This bank failed
- Failed on
- Mar 8, 2013
- Assets
- $259M
- Deposits
- $224M
- Estimated cost
- $73.4M
- Deposits went to
- Heritage Bank Of The South, Albany, GA
Total assets
$259M
-13.1% in a year · -8.3% in a quarter
Deposits
$224M
-11.6% in a year · -7.6% in a quarter
Loans
$111M
-35.9% in a year · -11.2% in a quarter
Profit so far
-$5.4M
Jan 1 to Dec 31, 2012
Capital ratio
0.41%
-1.65 pts in a year
Return on assets
-1.88%
+4.63 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 401 Vernon Street, Lagrange, GA, 30240
- County
- Troup
- Holding company
- Frontier National Corp
- Established
- May 23, 1946
- Failed
- Mar 8, 2013
- Employees
- 98
- Branches
- 10 in 2 states
- Id
- b16431
Quarter by quarter
March 31, 1984 to December 31, 2012
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 Frontier Bank?
$258.8 million in total assets and $224.1 million in deposits as of December 31, 2012, with assets down 13.1% from a year before. Its loans were $110.6 million.
How many branches does Frontier Bank have?
10 branches in 2 states as of June 30, 2026.
Is Frontier Bank profitable?
No: it lost $5.41 million from January 1 to December 31, 2012. Its return on assets was -1.88% a year; about 1% is typical.
Who owns Frontier Bank?
Frontier Bank is owned by Frontier National Corp, its holding company.
When did Frontier Bank fail?
Mar 8, 2013. Heritage Bank Of The South of Albany, GA took over its deposits. The estimated cost of the failure was $73.4 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.