The Community Bank
Loganville, GA · Owner: Triangle Financial Group Inc
$635M
total assets, September 30, 2008
$635M
total assets, September 30, 2008
The Community Bank was a state nonmember bank in Loganville, GA, owned by Triangle Financial Group Inc. It failed on Nov 21, 2008, and Bank Of Essex took over its deposits. At its last report it held $634.9 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2008
This bank failed
- Failed on
- Nov 21, 2008
- Assets
- $635M
- Deposits
- $604M
- Estimated cost
- $335M
- Deposits went to
- Bank Of Essex, Tappahannock, VA
Total assets
$635M
+12.1% in a year · +1.1% in a quarter
Deposits
$604M
+22.8% in a year · +4.6% in a quarter
Loans
$506M
+4.9% in a year · -2.5% in a quarter
Profit so far
-$26.8M
Jan 1 to Sep 30, 2008 · -484.9% in a year
Capital ratio
3.71%
-6.17 pts in a year
Return on assets
-5.74%
-7.53 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 4581 Atlanta Highway, Loganville, GA, 30052
- County
- Walton
- Holding company
- Triangle Financial Group Inc
- Established
- Oct 5, 1946
- Failed
- Nov 21, 2008
- Employees
- 63
- Branches
- 4
- Id
- b16490
Quarter by quarter
March 31, 1984 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 The Community Bank?
$634.9 million in total assets and $603.7 million in deposits as of September 30, 2008, with assets up 12.1% from a year before. Its loans were $505.8 million.
How many branches does The Community Bank have?
4 branches in Georgia as of June 30, 2026.
Is The Community Bank profitable?
No: it lost $26.8 million from January 1 to September 30, 2008. Its return on assets was -5.74% a year; about 1% is typical.
Who owns The Community Bank?
The Community Bank is owned by Triangle Financial Group Inc, its holding company.
When did The Community Bank fail?
Nov 21, 2008. Bank Of Essex of Tappahannock, VA took over its deposits. The estimated cost of the failure was $335.1 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.