Failed Bank List

4 failed banks ยท 2010 to 2012

Failed banks taken over by Simmons First National Bank

Simmons First National Bank of Pine Bluff, Arkansas took over four failed banks between 2010 and 2012, the 17th-highest count among the 318 acquirers of that period. Together they reported $1.0 billion in assets and $869 million in deposits at closing. The largest was Security Savings Bank, F.S.B., at $453 million. The banks were spread over two states, most in Missouri (3). Two of the deals came in 2010. The first was Southwest Community Bank of Springfield, on May 14, 2010. The most recent was Excel Bank of Sedalia, on October 19, 2012. The FDIC's estimated loss on these failures totals $148 million, a median of 15% of each bank's assets.

Failed banks taken over by Simmons First National Bank, by closing date200020052010201520202025Security Savings Bank, F.S.B., 2010-10-15Truman Bank, 2012-09-14Excel Bank, 2012-10-19Southwest Community Bank, 2010-05-14
Each circle is one failed bank, placed at its closing date; area shows total assets.
Every failed bank it took over, in date order
ClosedBankLocationTotal assetsEst. loss
May 14, 2010Southwest Community BankSpringfield, MO$101 million$25.6 million
October 15, 2010Security Savings Bank, F.S.B.Olathe, KS$453 million$53.1 million
September 14, 2012Truman BankSt. Louis, MO$282 million$39.5 million
October 19, 2012Excel BankSedalia, MO$186 million$29.6 million

The FDIC names the acquirer in each failure record. This page lists what that record shows and says nothing about the acquiring bank today.