$25.5M
total assets, March 31, 1985
Bank of Lockesburg was a state nonmember bank in Lockesburg, AR. It failed on May 31, 1985, and Bank Of Lockesburg took over its deposits. At its last report it held $25.5 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1985
This bank failed
- Failed on
- May 31, 1985
- Assets
- $25.5M
- Deposits
- $23.5M
- Estimated cost
- $7.4M
- Deposits went to
- Bank Of Lockesburg, Lockesburg, AR
Total assets
$25.5M
+40.9% in a year · +8.4% in a quarter
Deposits
$23.5M
+42.2% in a year · +10.9% in a quarter
Loans
$19.3M
+70.3% in a year · +11.7% in a quarter
Profit so far
$29K
Jan 1 to Mar 31, 1985 · -50.8% in a year
Capital ratio
5.85%
-2.28 pts in a year
Return on assets
0.47%
-0.89 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- Main And Redbud Streets, Lockesburg, AR, 71846
- County
- Sevier
- Established
- Oct 4, 1902
- Failed
- May 31, 1985
- Employees
- 13
- Id
- b13790
Quarter by quarter
March 31, 1984 to March 31, 1985
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 5
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is Bank of Lockesburg?
$25.5 million in total assets and $23.5 million in deposits as of March 31, 1985, with assets up 40.9% from a year before. Its loans were $19.3 million.
Is Bank of Lockesburg profitable?
Yes: it earned $29,000 from January 1 to March 31, 1985 (down 50.8% from the same months a year before). Its return on assets was 0.47% a year; about 1% is typical.
When did Bank of Lockesburg fail?
May 31, 1985. Bank Of Lockesburg of Lockesburg, AR took over its deposits. The estimated cost of the failure was $7.37 million.
Official public data from the reports every insured bank files each quarter. Profit so far runs from January 1 to the quarter end. Branch deposits are counted once a year, as of June 30. New quarters appear about two months after the quarter ends.