The First State Bank
Stockbridge, GA · Owner: Henry County Bancshares Inc
$517M
total assets, December 31, 2011
$517M
total assets, December 31, 2011
The First State Bank was a state nonmember bank in Stockbridge, GA, owned by Henry County Bancshares Inc. It failed on Jan 20, 2012, and Hamilton State Bank took over its deposits. At its last report it held $516.8 million in assets.
Updated Oct 11, 2026 · numbers as of December 31, 2011
This bank failed
- Failed on
- Jan 20, 2012
- Assets
- $517M
- Deposits
- $509M
- Estimated cost
- $192M
- Deposits went to
- Hamilton State Bank, Hoschton, GA
Total assets
$517M
-8.3% in a year · -3.8% in a quarter
Deposits
$509M
-6.5% in a year · -3.5% in a quarter
Loans
$344M
-9.5% in a year · -3.0% in a quarter
Profit so far
-$11.7M
Jan 1 to Dec 31, 2011
Capital ratio
0.60%
-2.05 pts in a year
Return on assets
-2.12%
-1.06 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 4806 North Henry Boulevard, Stockbridge, GA, 30281
- County
- Henry
- Holding company
- Henry County Bancshares Inc
- Established
- Oct 8, 1964
- Failed
- Jan 20, 2012
- Employees
- 106
- Branches
- 7
- Id
- b19252
Quarter by quarter
March 31, 1984 to December 31, 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 The First State Bank?
$516.8 million in total assets and $509.1 million in deposits as of December 31, 2011, with assets down 8.3% from a year before. Its loans were $344.1 million.
How many branches does The First State Bank have?
7 branches in Georgia as of June 30, 2026.
Is The First State Bank profitable?
No: it lost $11.7 million from January 1 to December 31, 2011. Its return on assets was -2.12% a year; about 1% is typical.
Who owns The First State Bank?
The First State Bank is owned by Henry County Bancshares Inc, its holding company.
When did The First State Bank fail?
Jan 20, 2012. Hamilton State Bank of Hoschton, GA took over its deposits. The estimated cost of the failure was $192.1 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.