Bank failure · AR

Bank of Imboden (Imboden, AR) — failed June 14, 1988

Bank of Imboden of Imboden, Arkansas was closed on June 14, 1988 and resolved through a a/a. Bank of Imboden (AR) took over its insured deposits. At failure it held $16.2M in assets and $16.4M in deposits. The FDIC's estimated loss on the failure is $2.2M (13.8% of assets).