Bank failure · AR

Jackson County National Bank (Tuckerman, AR) — failed August 9, 1984

Jackson County National Bank of Tuckerman, Arkansas was closed on August 9, 1984 and resolved through a purchase and assumption. First State Bank of Newp (AR) took over its insured deposits. At failure it held $13.3M in assets and $12.9M in deposits. The FDIC's estimated loss on the failure is $5.3M (40.3% of assets).