Note: The following is the second in a series of columns on the origin of currency in the American colonies and Georgia. The first private banks founded in Georgia were the Planters Bank of the State of Georgia (1810), the Bank of the State of Georgia (1815), and the Bank of Darien (1818). During the "Panic of 1819," Bank of Darien customers had to swear before a justice of the peace that the banknotes were theirs, pay a fee of $1.36 on each note, and then accept a payment of $60 worth of pennies a day.