Failed Bank List

Bank failures in Arkansas

Arkansas has 43 bank failures on FDIC record since 1934, 1.2% of the national total and the 22nd-highest count of any state or territory. The worst year was 1989, with 12. Since 2000 there have been 4; the most recent was Allied Bank on September 23, 2016. The largest by assets was ANB Financial, NA of Bentonville, with $1.9 billion, in 2008.

Bank failures in Arkansas per year0369121937: 11938: 31939: 11952: 11966: 11975: 11982: 31983: 11984: 21985: 21986: 11988: 11989: 121990: 61991: 21992: 12001: 12008: 12010: 12016: 1194019501960197019801990200020102020
Failures per year in Arkansas. By decade: 1930s 5, 1950s 1, 1960s 1, 1970s 1, 1980s 22, 1990s 9, 2000s 2, 2010s 2. Most failures by city: Little Rock (5), Batesville (2), Fayetteville (2).
4 failures since 2000, newest first
ClosedBankLocationTotal assetsEst. loss
September 23, 2016Allied BankMulberry, AR$66.3 million$6.2 million
December 17, 2010First Southern BankBatesville, AR$192 million$24.8 million
May 9, 2008ANB Financial, NABentonville, AR$1.9 billion$1.0 billion
September 7, 2001Sinclair National BankGravette, AR$29.8 million$4.2 million
39 failures from 1934 to 1999, newest first
ClosedBankLocationTotal assetsEst. loss
September 24, 1992First Exchange Bank of Little Rock, National AssociationLittle Rock, AR$24.7 million$1.9 million
August 16, 1991Northwest National BankFayetteville, AR$29.4 million$936 thousand
June 28, 1991United Federal Savings and Loan AssociationJonesboro, AR$142 million$16.3 million
December 21, 1990Arkansas Federal Savings BankLittle Rock, AR$71.7 million$15.4 million
December 7, 1990Texarkana Federal Savings and Loan AssociationTexarcana, AR$40.4 million$11.2 million
November 30, 1990First Federal Savings and Loan AssociationParagould, AR$64.1 million$24.6 million
May 25, 1990First America Federal Savings BankFort Smith, AR$451 million$45.2 million
February 2, 1990Citizens National Bank of Walnut RidgeWalnut Ridge, AR$37.5 million$6.3 million
January 26, 1990Grand Prairie Savings and Loan AssociationStuttgart, AR$31.5 million$14.2 million
July 27, 1989Capital Savings and Loan AssociationLittle Rock, AR$89.9 million$17.2 million
March 2, 1989Unipoint Federal Savings BankTrumann, AR$18.9 million$18.3 million
March 2, 1989Commonwealth Savings and Loan AssociationOsceola, AR$37.1 million$15.2 million
March 2, 1989Home Federal Savings and Loan AssociationMountain Home, AR$37.2 million$56.8 million
March 2, 1989First Federal Savings and Loan AssociationMalvern, AR$51.1 million$19.5 million
March 2, 1989First State Savings Bank, FSBMountain Home, AR$108 million$52.2 million
March 2, 1989Madison Guaranty Savings and Loan AssociationMcCrory, AR$115 million$61.8 million
March 2, 1989First Federal Savings and Loan AssociationFayetteville, AR$126 million$29.1 million
March 2, 1989Landmark Savings Bank, FSBHot Springs, AR$132 million$87.7 million
February 17, 1989Independence Federal Savings and Loan AssociationBatesville, AR$207 million$303 million
February 10, 1989Savers Federal Savings and Loan AssociationLittle Rock, AR$806 million$618 million
February 10, 1989First Federal of Arkansas, FALittle Rock, AR$1.6 billion$793 million
December 9, 1988Central Arkansas Savings and Loan AssociationConway, AR$10.1 million$2.2 million
December 5, 1986Firstsouth, FAPine Bluff, AR$1.7 billion$1.7 billion
December 6, 1985Guaranty Savings and Loan AssociationHarrison, AR$451 million$64.1 million
May 31, 1985Bank of LockesburgLockesburg, AR$25.5 million$7.4 million
August 9, 1984Jackson County National BankTuckerman, AR$13.3 million$5.3 million
June 15, 1984The Corning BankCorning, AR$32.0 million$13.8 million
March 24, 1983Prairie County BankHazen, AR$13.3 millionnone
November 12, 1982Bank of QuitmanQuitman, AR$17.4 million$1.4 million
August 27, 1982First Security Bank of North ArkansasHorseshoe, AR$14.1 million$2.6 million
June 23, 1982Citizens BankTillar, AR$6.3 million$433 thousand
July 1, 1975Bank of ChidesterChidester, AR$2.4 millionnot estimated
January 24, 1966Citizens BankPottsville, AR$832 thousandnot estimated
September 2, 1952Bank of DierksDierks, AR$520 thousandnot estimated
March 23, 1939Merchants & Farmers BankAtkins, AR$223 thousandnot estimated
March 2, 1938Citizens State BankHartford, AR$118 thousandnot estimated
February 7, 1938Bank of MarionMarion, AR$639 thousandnot estimated
January 19, 1938Bank of DecaturDecatur, AR$97 thousandnot estimated
November 19, 1937Bank of SwiftonSwifton, AR$208 thousandnot estimated

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