$29.3M
total assets, September 30, 2010
The Gordon Bank was a state nonmember bank in Gordon, GA. It failed on Oct 22, 2010, and Morris Bank took over its deposits. At its last report it held $29.3 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2010
This bank failed
- Failed on
- Oct 22, 2010
- Assets
- $29.3M
- Deposits
- $26.9M
- Estimated cost
- $10.4M
- Deposits went to
- Morris Bank, Dublin, GA
Total assets
$29.3M
-13.9% in a year · -0.6% in a quarter
Deposits
$26.9M
-7.8% in a year · +0.6% in a quarter
Loans
$14.4M
-27.7% in a year · -10.8% in a quarter
Profit so far
-$1.7M
Jan 1 to Sep 30, 2010
Capital ratio
-0.14%
-7.24 pts in a year
Return on assets
-7.30%
-5.61 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 280 Milledgeville Highway, Gordon, GA, 31031
- County
- Wilkinson
- Established
- Apr 29, 1994
- Failed
- Oct 22, 2010
- Employees
- 12
- Branches
- 1
- Id
- b33904
Quarter by quarter
June 30, 1994 to September 30, 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 The Gordon Bank?
$29.3 million in total assets and $26.9 million in deposits as of September 30, 2010, with assets down 13.9% from a year before. Its loans were $14.4 million.
How many branches does The Gordon Bank have?
1 branch in Georgia as of June 30, 2026.
Is The Gordon Bank profitable?
No: it lost $1.66 million from January 1 to September 30, 2010. Its return on assets was -7.30% a year; about 1% is typical.
When did The Gordon Bank fail?
Oct 22, 2010. Morris Bank of Dublin, GA took over its deposits. The estimated cost of the failure was $10.4 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.