Security Bank of North Fulton
Alpharetta, GA · Owner: Security Bank Corp
$191M
total assets, June 30, 2009
$191M
total assets, June 30, 2009
Security Bank of North Fulton was a state nonmember bank in Alpharetta, GA, owned by Security Bank Corp. It failed on Jul 24, 2009, and State Bank And Trust Company took over its deposits. At its last report it held $190.6 million in assets.
Updated Oct 11, 2026 · numbers as of June 30, 2009
This bank failed
- Failed on
- Jul 24, 2009
- Assets
- $191M
- Deposits
- $180M
- Estimated cost
- $49.0M
- Deposits went to
- State Bank And Trust Company, Pinehurst, GA
Total assets
$191M
+4.4% in a year · -8.9% in a quarter
Deposits
$180M
+7.7% in a year · -5.8% in a quarter
Loans
$110M
-18.3% in a year · -7.8% in a quarter
Profit so far
-$7.5M
Jan 1 to Jun 30, 2009
Capital ratio
0.63%
-7.01 pts in a year
Return on assets
-7.52%
+18.02 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 2380 Old Milton Parkway, Alpharetta, GA, 30009
- County
- Fulton
- Holding company
- Security Bank Corp
- Established
- Sep 19, 2003
- Failed
- Jul 24, 2009
- Employees
- 19
- Branches
- 1
- Id
- b57430
Quarter by quarter
September 30, 2003 to June 30, 2009
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 Security Bank of North Fulton?
$190.6 million in total assets and $179.5 million in deposits as of June 30, 2009, with assets up 4.4% from a year before. Its loans were $109.9 million.
How many branches does Security Bank of North Fulton have?
1 branch in Georgia as of June 30, 2026.
Is Security Bank of North Fulton profitable?
No: it lost $7.52 million from January 1 to June 30, 2009. Its return on assets was -7.52% a year; about 1% is typical.
Who owns Security Bank of North Fulton?
Security Bank of North Fulton is owned by Security Bank Corp, its holding company.
When did Security Bank of North Fulton fail?
Jul 24, 2009. State Bank And Trust Company of Pinehurst, GA took over its deposits. The estimated cost of the failure was $49.0 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.