Bank failure · MS
North Mississippi S&la (Clarksdale, MS) — failed April 1, 1983
North Mississippi S&la of Clarksdale, Mississippi was closed on April 1, 1983 and resolved through a a/a. Security S&la (MS) took over its insured deposits. At failure it held $152.0M in assets and $130.5M in deposits. The FDIC's estimated loss on the failure is $42.7M (28.1% of assets).
- Closing date
- April 1, 1983
- FDIC certificate #
- 31863
- Resolution
- A/A (assistance)
- Acquiring institution
- Security S&la
- Insurance fund
- FSLIC
Other failures in 1983
- First Fs&la of Monroeville AL
- Citizens S&la OH
- The Bank of Red Oak OK
- Bank of Hackleburg AL
- Union Trust Company PR
- Metro Fs&la LA
- Bohemian S&la MO
- Atkinson Trust & Savings Bank IL
- First Fs&la of Ft. Wayne IN
- American Fs&la IN
- Ft. Wayne Fs&la IN
- South Bend Fs&la IN
- First Nat Bk of Browning MT
- State of Clovis, Sa NM
- Cleveland Community Savings Co. OH
- The First Nat Bk of Midland TX
- First Carolina Fs&la SC
- The Deschutes Bank OR
- Auburn Savings Bank NY
- Dominion Bk of Denver CO
- Security S&la LA
- National Bk of Odessa TX
- Bastrop Fs&la LA
- Warren County Bank TN