Bank of Quitman was a state nonmember bank in Quitman, AR. It failed on Nov 12, 1982, and First NB Of Cleburne Cou took over its deposits. At its last report it held $17.4 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- Nov 12, 1982
- Assets
- $17.4M
- Deposits
- $16.3M
- Estimated cost
- $1.4M
- Deposits went to
- First NB Of Cleburne Cou, Heber Springs, AR
Data is being prepared
The quarterly numbers of this bank appear here as soon as their first load is finished.
Facts
- Type
- State nonmember bank
- Head office
- West Spring Street, Quitman, AR, 72131
- County
- Cleburne
- Established
- Aug 15, 1903
- Failed
- Nov 12, 1982
- Id
- b12527
Related pages
Questions and answers
When did Bank of Quitman fail?
Nov 12, 1982. First NB Of Cleburne Cou of Heber Springs, AR took over its deposits. The estimated cost of the failure was $1.41 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.