Bank failure · AR

Citizens Bank (Tillar, AR) — failed June 23, 1982

Citizens Bank of Tillar, Arkansas was closed on June 23, 1982 and resolved through a payout (deposit payoff). 0 (0) took over its insured deposits. At failure it held $6.3M in assets and $5.6M in deposits. The FDIC's estimated loss on the failure is $433K (6.8% of assets).