Satilla Community Bank
Saint Marys, GA · Owner: Satilla Bankcorp Inc
$136M
total assets, March 31, 2010
$136M
total assets, March 31, 2010
Satilla Community Bank was a state nonmember bank in Saint Marys, GA, owned by Satilla Bankcorp Inc. It failed on May 14, 2010, and Ameris Bank took over its deposits. At its last report it held $135.7 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 2010
This bank failed
- Failed on
- May 14, 2010
- Assets
- $136M
- Deposits
- $134M
- Estimated cost
- $36.3M
- Deposits went to
- Ameris Bank, Moultrie, GA
Total assets
$136M
-13.2% in a year · -7.1% in a quarter
Deposits
$134M
+0.1% in a year · -4.5% in a quarter
Loans
$96.6M
-15.8% in a year · -3.4% in a quarter
Profit so far
-$4.0M
Jan 1 to Mar 31, 2010
Capital ratio
0.82%
-7.24 pts in a year
Return on assets
-11.37%
-11.29 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 6308 Highway 40 East, Saint Marys, GA, 31558
- County
- Camden
- Holding company
- Satilla Bankcorp Inc
- Established
- Nov 20, 2001
- Failed
- May 14, 2010
- Employees
- 16
- Branches
- 1
- Id
- b35114
Quarter by quarter
December 31, 2001 to March 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 Satilla Community Bank?
$135.7 million in total assets and $134.0 million in deposits as of March 31, 2010, with assets down 13.2% from a year before. Its loans were $96.6 million.
How many branches does Satilla Community Bank have?
1 branch in Georgia as of June 30, 2026.
Is Satilla Community Bank profitable?
No: it lost $4.00 million from January 1 to March 31, 2010. Its return on assets was -11.37% a year; about 1% is typical.
Who owns Satilla Community Bank?
Satilla Community Bank is owned by Satilla Bankcorp Inc, its holding company.
When did Satilla Community Bank fail?
May 14, 2010. Ameris Bank of Moultrie, GA took over its deposits. The estimated cost of the failure was $36.3 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.