If it’s Friday, it must mean more banks have failed. Two Georgia institutions were closed today:
First National Bank of Barnesville, with branches in Lamar and Pike counties, south of Atlanta, was seized and sold to United Bank of Zebulon. Gordon Bank in tiny Gordon, Ga., 20 miles east of Macon, was closed and sold to Morris Bank of Dublin, Ga.
The failures are the first in the state since three lenders were shuttered Sept. 18. Sixteen banks have been closed in Georgia so far this year