$151M
total assets, June 30, 2011
Patriot Bank of Georgia was a state nonmember bank in Cumming, GA. It failed on Sep 2, 2011, and Georgia Commerce Bank took over its deposits. At its last report it held $150.8 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2011
This bank failed
- Failed on
- Sep 2, 2011
- Assets
- $151M
- Deposits
- $141M
- Estimated cost
- $54.2M
- Deposits went to
- Georgia Commerce Bank, Atlanta, GA
Total assets
$151M
-11.9% in a year · -6.4% in a quarter
Deposits
$141M
-9.3% in a year · -6.3% in a quarter
Loans
$111M
-16.7% in a year · -0.8% in a quarter
Profit so far
-$1.3M
Jan 1 to Jun 30, 2011
Capital ratio
1.70%
-3.24 pts in a year
Return on assets
-1.70%
-0.15 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2555 Peachtree Parkway, Cumming, GA, 30041
- County
- Forsyth
- Established
- Jul 3, 2006
- Failed
- Sep 2, 2011
- Employees
- 16
- Branches
- 1
- Id
- b58273
Quarter by quarter
September 30, 2006 to June 30, 2011
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 Patriot Bank of Georgia?
$150.8 million in total assets and $140.6 million in deposits as of June 30, 2011, with assets down 11.9% from a year before. Its loans were $111.2 million.
How many branches does Patriot Bank of Georgia have?
1 branch in Georgia as of June 30, 2026.
Is Patriot Bank of Georgia profitable?
No: it lost $1.34 million from January 1 to June 30, 2011. Its return on assets was -1.70% a year; about 1% is typical.
When did Patriot Bank of Georgia fail?
Sep 2, 2011. Georgia Commerce Bank of Atlanta, GA took over its deposits. The estimated cost of the failure was $54.2 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.