First Security Bank of North Arkansas was a state nonmember bank in Horseshoe Bend, AR. It failed on Aug 27, 1982, and Bank Of Melbourne took over its deposits. At its last report it held $14.1 million in assets.
Updated Oct 11, 2026
This bank failed
- Failed on
- Aug 27, 1982
- Assets
- $14.1M
- Deposits
- $12.7M
- Estimated cost
- $2.6M
- Deposits went to
- Bank Of Melbourne, Melbourne, 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
- Commerce Street, Horseshoe Bend, AR, 72356
- County
- Izard
- Established
- May 25, 1905
- Failed
- Aug 27, 1982
- Id
- b1758
Related pages
Questions and answers
When did First Security Bank of North Arkansas fail?
Aug 27, 1982. Bank Of Melbourne of Melbourne, AR took over its deposits. The estimated cost of the failure was $2.63 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.