What do you mean? They look to be pretty much the same as the rest of the country, just at ~30 instead of ~20. Not really that much of an outlier.

Base rate fallacy is correct if you are analyzing the original point of Georgia being the worst. Its the issue of Georgia having a much larger number of banks and the graphic here is only showing the number of bank failures, not the percentage of banks that experienced a failure.

That is why both CA and FL are darker as well, you need more banks for more people. Its also pretty impressive how light TX and NY are when you realize they, alongside CA and FL, are the leading states by population by a wide margin.