Georgia Commerce Bank Celebrates a Year of Expansion and Growth 2011 was a year of significant growth for Georgia Commerce Bank. We celebrated the opening of our new 5,000-square-foot facility in the heart of Atlanta’s Buckhead neighborhood, as well as the acquisition of two new banks from the FDIC: Patriot Bank of Georgia and [...]
Author Archives: Georgia Commerce Bank
Georgia Commerce Bank Assumes the Deposits and Purchases substantially all the Assets of CreekSide Bank and Patriot Bank of Georgia
Atlanta, GA – September 2, 2011 – Georgia Commerce Bank announced today that it has entered into Purchase and Assumption Agreements with loss-share arrangements with the Federal Deposit Insurance Corporation (“FDIC”) to assume the deposits and certain assets of two Georgia banks, CreekSide Bank and Patriot Bank of Georgia. CreekSide Bank is headquartered in Woodstock, [...]
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Georgia Commerce Bank Announces 2011 Second Quarter Financial Results
Georgia Commerce Bank is producing both positive earnings and asset growth in 2011, despite the challenging economic environment we have experienced in the Southeast and the Atlanta market in particular. We have recorded YTD net income of more than $1.4 million and have increased total assets by 6.10% since the end of 2010. Download 2011 [...]
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“I needed a bank who believed in my dream”
Buying a professional women’s basketball team and going to the championship your first year is what dreams are made of – especially for Kathy Betty. She purchased the Atlanta Dream and worked with Georgia Commerce Bank to ensure all vendor and banking services were in place.
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Georgia Commerce Bank Raises $21 Million in Capital Campaign
We at Georgia Commerce Bank are pleased to announce that through our recent capital campaign, we have raised $21 million in new equity. This investment primarily will be utilized to expand our Atlanta banking operations. In this regard, we are proud to announce that GCB will be expanding into Buckhead with our new 5,000-square-foot branch [...]