$144M
total assets, September 30, 2010
Tifton Banking Company was a state nonmember bank in Tifton, GA. It failed on Nov 12, 2010, and Ameris Bank took over its deposits. At its last report it held $143.7 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2010
This bank failed
- Failed on
- Nov 12, 2010
- Assets
- $144M
- Deposits
- $142M
- Estimated cost
- $21.4M
- Deposits went to
- Ameris Bank, Moultrie, GA
Total assets
$144M
-21.1% in a year · -15.3% in a quarter
Deposits
$142M
-6.9% in a year · -6.7% in a quarter
Loans
$118M
-18.7% in a year · -10.5% in a quarter
Profit so far
-$11.0M
Jan 1 to Sep 30, 2010
Capital ratio
1.08%
-7.62 pts in a year
Return on assets
-8.47%
-7.39 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 729 West Second Street, Tifton, GA, 31794
- County
- Tift
- Established
- Oct 12, 2004
- Failed
- Nov 12, 2010
- Employees
- 17
- Branches
- 1
- Id
- b57831
Quarter by quarter
December 31, 2004 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 Tifton Banking Company?
$143.7 million in total assets and $141.6 million in deposits as of September 30, 2010, with assets down 21.1% from a year before. Its loans were $118.1 million.
How many branches does Tifton Banking Company have?
1 branch in Georgia as of June 30, 2026.
Is Tifton Banking Company profitable?
No: it lost $11.0 million from January 1 to September 30, 2010. Its return on assets was -8.47% a year; about 1% is typical.
When did Tifton Banking Company fail?
Nov 12, 2010. Ameris Bank of Moultrie, GA took over its deposits. The estimated cost of the failure was $21.4 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.