Failures by State
Bank Failures in Arkansas
43 FDIC-insured banks headquartered in Arkansas have failed since 1937. The most recent was Allied Bank on September 23, 2016. The worst year was 1989, with 12 failures. Failed banks held $8.66B in assets at closing.
43
Failures
1937 to 2016
$8.66B
Failed assets
At closing
$5.06B
Estimated DIF loss
FDIC estimate
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All Arkansas events
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Largest bank failures in Arkansas
| Date | Bank | Assets |
|---|---|---|
| May 9, 2008 | ANB Financial N.A. | $1.90B |
| Dec 5, 1986 | Firstsouth FS&LA | $1.68B |
| Feb 10, 1989 | First Federal of Arkansas | $1.58B |
| Feb 10, 1989 | Savers FS & La | $806.0M |
| Dec 6, 1985 | Guaranty S&LA | $451.4M |
| May 25, 1990 | First American Federal Savings | $450.7M |
| Feb 17, 1989 | Independence FS & La | $207.0M |
| Dec 17, 2010 | First Southern Bank | $191.8M |
| Jun 28, 1991 | United FS & La | $142.5M |
| Mar 2, 1989 | Landmark Savings Bank FSB | $132.3M |
Arkansas bank failures by year
| Year | Failures | Failed assets |
|---|---|---|
| 2016 | 1 | $66.3M |
| 2010 | 1 | $191.8M |
| 2008 | 1 | $1.90B |
| 2001 | 1 | $29.8M |
| 1992 | 1 | $24.7M |
| 1991 | 2 | $171.9M |
| 1990 | 6 | $695.9M |
| 1989 | 12 | $3.31B |
| 1988 | 1 | $10.1M |
| 1986 | 1 | $1.68B |
| 1985 | 2 | $476.9M |
| 1984 | 2 | $45.3M |
| 1983 | 1 | $13.3M |
| 1982 | 3 | $37.8M |
| 1975 | 1 | $2.4M |
| 1966 | 1 | $832K |
| 1952 | 1 | $520K |
| 1939 | 1 | $223K |
| 1938 | 3 | $854K |
| 1937 | 1 | $208K |
Every bank failure in Arkansas
| Date | Bank | Assets |
|---|---|---|
| Sep 23, 2016 | Allied Bank | $66.3M |
| Dec 17, 2010 | First Southern Bank | $191.8M |
| May 9, 2008 | ANB Financial N.A. | $1.90B |
| Sep 7, 2001 | Sinclair National Bank | $29.8M |
| Sep 24, 1992 | First Exchange Bank of Little Rock | $24.7M |
| Aug 16, 1991 | Northwest National Bank | $29.4M |
| Jun 28, 1991 | United FS & La | $142.5M |
| Dec 21, 1990 | Arkansas FSB | $71.7M |
| Dec 7, 1990 | Texarkana FS & La | $40.4M |
| Nov 30, 1990 | First Sa | $64.1M |
| May 25, 1990 | First American Federal Savings | $450.7M |
| Feb 2, 1990 | Citizens National Bank of Walnut Ridge | $37.5M |
| Jan 26, 1990 | Grand Prairie FS & La | $31.5M |
| Jul 27, 1989 | Capitol Federal S & L | $89.9M |
| Mar 2, 1989 | Landmark Savings Bank FSB | $132.3M |
| Mar 2, 1989 | First FED. S & L Assoc. | $125.6M |
| Mar 2, 1989 | Madison Guaranty S & La | $114.7M |
| Mar 2, 1989 | First State Savings Bank | $107.6M |
| Mar 2, 1989 | First FED. S & L Assoc. | $51.1M |
| Mar 2, 1989 | Home FED. S & L Assoc. | $37.2M |
| Mar 2, 1989 | Commonwealth S & L Assoc. | $37.1M |
| Mar 2, 1989 | Unipoint FED. Savings Bank | $18.9M |
| Feb 17, 1989 | Independence FS & La | $207.0M |
| Feb 10, 1989 | First Federal of Arkansas | $1.58B |
| Feb 10, 1989 | Savers FS & La | $806.0M |
| Dec 9, 1988 | Central Arkansas S&LA | $10.1M |
| Dec 5, 1986 | Firstsouth FS&LA | $1.68B |
| Dec 6, 1985 | Guaranty S&LA | $451.4M |
| May 31, 1985 | Bank of Lockesburg | $25.5M |
| Aug 9, 1984 | Jackson County National Bank | $13.3M |
| Jun 15, 1984 | The Corning Bank | $32.0M |
| Mar 24, 1983 | Prairie County Bank | $13.3M |
| Nov 12, 1982 | Bank of Quitman | $17.4M |
| Aug 27, 1982 | First Security Bank of North Arkansas | $14.1M |
| Jun 23, 1982 | Citizens Bank | $6.3M |
| Jul 1, 1975 | Bank of Chidester | $2.4M |
| Jan 24, 1966 | Citizens Bank | $832K |
| Sep 2, 1952 | Bank of Dierks | $520K |
| Mar 23, 1939 | Merchants & Farmers Bank | $223K |
| Mar 2, 1938 | Citizens State Bank | $118K |
| Feb 7, 1938 | Bank of Marion | $639K |
| Jan 19, 1938 | Bank of Decatur | $97K |
| Nov 19, 1937 | Bank of Swifton | $208K |
Source: FDIC failed-bank list. Counts are real closures by headquarters state; FDIC open-bank assistance transactions are not failures and are excluded. Assets and deposits are as reported at closing.
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