The Graveyard › Banks › 2016
Allied Bank
Mulberry, AR · failed September 23, 2016 · FDIC certificate 91
Allied Bank of Mulberry, AR failed on September 23, 2016. It opened on March 4, 1902, 114 years before. At its last report before that it held $66.3 million in assets and $64.7 million in deposits. At its largest in the FDIC's quarterly reports, on September 30, 2010, it held $190.8 million. The FDIC estimates that the Deposit Insurance Fund lost $6.2 million on it.
1984-032016-06
Assets at the end$66.3 millionlast report before September 23, 2016
Deposits at the end$64.7 million
Estimated loss to the fund$6.2 millionDIF
Largest in the quarterly reports$190.8 millionSeptember 30, 2010
Equity to assets2.0%June 30, 2016
Loans not being repaid12.3%noncurrent, June 30, 2016
Return on assets-12.37%a year's rate, June 30, 2016
Staff40full time, June 30, 2016
Also ended in 2016
- First CornerStone Bank · King of Prussia, PA · $103.3 million in assets
- North Milwaukee State Bank · Milwaukee, WI · $67.1 million in assets
- The Woodbury Banking Company · Woodbury, GA · $21.4 million in assets
- Trust Company Bank · Memphis, TN · $19.0 million in assets
History, not advice.
Source: Federal Deposit Insurance Corporation, BankFind Suite API. Source values and institutional identifiers are retained; formatting and normalization by Underfolio. No FDIC endorsement is implied. How these numbers are made · Report a data issue.