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Bank failure · AR

Arkansas FSB (Little Rock, AR) — failed December 21, 1990

Arkansas FSB of Little Rock, Arkansas was closed on December 21, 1990 and resolved through a purchase and assumption. Branch Sale (NA) took over its insured deposits. At failure it held $71.7M in assets and $61.6M in deposits. The FDIC's estimated loss on the failure is $15.4M (21.4% of assets).

Closing date
December 21, 1990
FDIC certificate #
32145
Resolution
Purchase and assumption (failure)
Acquiring institution
Branch Sale
Insurance fund
RTC

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