The Graveyard › Banks › 2010
First Southern Bank
Batesville, AR · failed December 17, 2010 · FDIC certificate 58052
First Southern Bank of Batesville, AR failed on December 17, 2010. It opened on August 1, 2005, 5 years before. At its last report before that it held $191.8 million in assets and $155.8 million in deposits. The FDIC estimates that the Deposit Insurance Fund lost $24.8 million on it.
2005-092010-09
Assets at the end$191.8 millionlast report before December 17, 2010
Deposits at the end$155.8 million
Estimated loss to the fund$24.8 millionDIF
Largest in the quarterly reports$191.8 millionSeptember 30, 2010
Equity to assets10.0%September 30, 2010
Loans not being repaid1.1%noncurrent, September 30, 2010
Return on assets0.44%a year's rate, September 30, 2010
Staff36full time, September 30, 2010
Also ended in 2010
- Westernbank Puerto Rico · Mayaguez, PR · $10.8 billion in assets
- R-G Premier Bank of Puerto Rico · Hato Rey, PR · $5.7 billion in assets
- La Jolla Bank, FSB · La Jolla, CA · $3.6 billion in assets
- Riverside National Bank of Florida · Fort Pierce, FL · $3.4 billion in assets
- Frontier Bank · Everett, WA · $3.3 billion in assets
- Midwest Bank and Trust Company · Elmwood Park, IL · $3.2 billion 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.