Oglethorpe Bank
Brunswick, GA · Owner: Oglethorpe Bank Holding Co Inc
$211M
total assets, December 31, 2010
$211M
total assets, December 31, 2010
Oglethorpe Bank was a state nonmember bank in Brunswick, GA, owned by Oglethorpe Bank Holding Co Inc. It failed on Jan 14, 2011, and Bank Of The Ozarks took over its deposits. At its last report it held $211.1 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2010
This bank failed
- Failed on
- Jan 14, 2011
- Assets
- $211M
- Deposits
- $201M
- Estimated cost
- $84.1M
- Deposits went to
- Bank Of The Ozarks, Little Rock, AR
Total assets
$211M
-19.3% in a year · -8.4% in a quarter
Deposits
$201M
-14.0% in a year · -5.3% in a quarter
Loans
$159M
-23.7% in a year · -7.9% in a quarter
Profit so far
-$14.9M
Jan 1 to Dec 31, 2010
Capital ratio
-2.37%
-5.24 pts in a year
Return on assets
-6.25%
-0.81 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 3024 Cypress Mill Road, Brunswick, GA, 31525
- County
- Glynn
- Holding company
- Oglethorpe Bank Holding Co Inc
- Established
- Aug 26, 2003
- Failed
- Jan 14, 2011
- Employees
- 36
- Branches
- 2
- Id
- b57440
Quarter by quarter
September 30, 2003 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 Oglethorpe Bank?
$211.1 million in total assets and $201.4 million in deposits as of December 31, 2010, with assets down 19.3% from a year before. Its loans were $158.8 million.
How many branches does Oglethorpe Bank have?
2 branches in Georgia as of June 30, 2026.
Is Oglethorpe Bank profitable?
No: it lost $14.9 million from January 1 to December 31, 2010. Its return on assets was -6.25% a year; about 1% is typical.
Who owns Oglethorpe Bank?
Oglethorpe Bank is owned by Oglethorpe Bank Holding Co Inc, its holding company.
When did Oglethorpe Bank fail?
Jan 14, 2011. Bank Of The Ozarks of Little Rock, AR took over its deposits. The estimated cost of the failure was $84.1 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.