Bank Failure
Bank of Dierks
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Closed September 2, 1952 · Dierks, AR .
- Closing date
- September 2, 1952
- Headquarters
- Dierks, AR
- Total assets at closing
- $520K
- Total deposits at closing
- $583K
- Estimated loss to the insurance fund
- Not published (the FDIC feed carries no estimate for this failure)
- Insurance fund
- FDIC insurance fund
- Resolution
- Failure (closed by regulators)
Context
On September 2, 1952, regulators closed Bank of Dierks, headquartered in Dierks, AR. At closing, the institution held approximately $520K in assets and $583K in deposits. The FDIC record does not name an acquiring institution.
By assets at closing this is the 3166th largest of the 3,526 bank failures in the FDIC record, and the 3rd of 3 in 1952. It falls in the period the record labels Postwar Stability (1945-1979), a period with 161 failures peaking at 16 in 1976.
Three decades of regulated calm — Reg Q ceilings, geographic branching limits, and high industry profits kept failures rare.
Source: FDIC Failed Banks list. Asset and deposit values reflect the most recent regulatory filing prior to closing.
Common questions
When did Bank of Dierks fail?
Bank of Dierks was closed by regulators on September 2, 1952.
How big was Bank of Dierks when it failed?
Bank of Dierks had approximately $520K in total assets and $583K in deposits at the time of failure.
Other failures in 1952
| Date | Bank | Assets |
|---|---|---|
| May 5, 1952 | Camden State Bank | $838K |
| Jan 21, 1952 | Thomasville Bank and Trust Co. | $1.0M |
Explore: all failures · AR bank events · 1952 events · events hub