NetBank, which filed for bankruptcy two months ago, said in a regulatory filing that it would liquidate its assets.

NetBank sought bankruptcy protection on Sept. 28.

The failure of the bank is the largest in Georgia history. It is the largest U.S. bank to fail in 14 years.

“The Company intends to file its Plan of Reorganization of NetBank, Inc. and related Disclosure Statement with the Bankruptcy Court which will describe the liquidation of assets.,” NetBank said in the SEC filing on Monday “The Company believes that its equity securities have and will have no value and that any Chapter 11 plan approved by the Court will not provide the Company’s stockholders with any distributions. Accordingly, the Company does not anticipate providing for any value or distribution to stockholders.”