Haven Trust Bank
Duluth, GA · Owner: Haven Trust Bcorp Inc
$560M
total assets, September 30, 2008
$560M
total assets, September 30, 2008
Haven Trust Bank was a state nonmember bank in Duluth, GA, owned by Haven Trust Bcorp Inc. It failed on Dec 12, 2008, and Branch Banking And Trust Company took over its deposits. At its last report it held $559.6 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2008
This bank failed
- Failed on
- Dec 12, 2008
- Assets
- $560M
- Deposits
- $490M
- Estimated cost
- $247M
- Deposits went to
- Branch Banking And Trust Company, Winston-salem, NC
Total assets
$560M
+28.4% in a year · +0.4% in a quarter
Deposits
$490M
+31.3% in a year · +8.4% in a quarter
Loans
$476M
+29.3% in a year · +5.0% in a quarter
Profit so far
-$13.6M
Jan 1 to Sep 30, 2008 · -353.7% in a year
Capital ratio
4.42%
-4.53 pts in a year
Return on assets
-3.44%
-5.25 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 6340 Sugarloaf Parkway, Suite 100, Duluth, GA, 30097
- County
- Gwinnett
- Holding company
- Haven Trust Bcorp Inc
- Established
- Jan 24, 2000
- Failed
- Dec 12, 2008
- Employees
- 65
- Branches
- 4
- Id
- b35379
Quarter by quarter
March 31, 2000 to September 30, 2008
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 Haven Trust Bank?
$559.6 million in total assets and $489.7 million in deposits as of September 30, 2008, with assets up 28.4% from a year before. Its loans were $476.4 million.
How many branches does Haven Trust Bank have?
4 branches in Georgia as of June 30, 2026.
Is Haven Trust Bank profitable?
No: it lost $13.6 million from January 1 to September 30, 2008. Its return on assets was -3.44% a year; about 1% is typical.
Who owns Haven Trust Bank?
Haven Trust Bank is owned by Haven Trust Bcorp Inc, its holding company.
When did Haven Trust Bank fail?
Dec 12, 2008. Branch Banking And Trust Company of Winston-salem, NC took over its deposits. The estimated cost of the failure was $246.6 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.