Habersham Bank
Clarkesville, GA · Owner: Habersham Bcorp
$388M
total assets, December 31, 2010
$388M
total assets, December 31, 2010
Habersham Bank was a state nonmember bank in Clarkesville, GA, owned by Habersham Bcorp. It failed on Feb 18, 2011, and SCBT National Association took over its deposits. At its last report it held $387.7 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2010
This bank failed
- Failed on
- Feb 18, 2011
- Assets
- $388M
- Deposits
- $340M
- Estimated cost
- $119M
- Deposits went to
- SCBT National Association, Orangeburg, SC
Total assets
$388M
-15.0% in a year · -2.1% in a quarter
Deposits
$340M
-13.2% in a year · +1.7% in a quarter
Loans
$224M
-19.2% in a year · -6.5% in a quarter
Profit so far
-$12.3M
Jan 1 to Dec 31, 2010
Capital ratio
0.87%
-2.21 pts in a year
Return on assets
-2.95%
+2.38 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 201 North Washington Street, Clarkesville, GA, 30523
- County
- Habersham
- Holding company
- Habersham Bcorp
- Established
- May 13, 1904
- Failed
- Feb 18, 2011
- Employees
- 87
- Branches
- 8
- Id
- b151
Quarter by quarter
March 31, 1984 to December 31, 2010
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 Habersham Bank?
$387.7 million in total assets and $339.9 million in deposits as of December 31, 2010, with assets down 15.0% from a year before. Its loans were $223.7 million.
How many branches does Habersham Bank have?
8 branches in Georgia as of June 30, 2026.
Is Habersham Bank profitable?
No: it lost $12.3 million from January 1 to December 31, 2010. Its return on assets was -2.95% a year; about 1% is typical.
Who owns Habersham Bank?
Habersham Bank is owned by Habersham Bcorp, its holding company.
When did Habersham Bank fail?
Feb 18, 2011. SCBT National Association of Orangeburg, SC took over its deposits. The estimated cost of the failure was $119.4 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.