First Southern Bank
Batesville, AR
$192M
total assets, September 30, 2010
$192M
total assets, September 30, 2010
First Southern Bank was a state nonmember bank in Batesville, AR. It failed on Dec 17, 2010, and Southern Bank took over its deposits. At its last report it held $191.8 million in assets.
Updated Oct 11, 2026 · numbers as of September 30, 2010
This bank failed
- Failed on
- Dec 17, 2010
- Assets
- $192M
- Deposits
- $156M
- Estimated cost
- $24.8M
- Deposits went to
- Southern Bank, Poplar Bluff, MO
Total assets
$192M
+60.3% in a year · +22.3% in a quarter
Deposits
$156M
+52.0% in a year · +21.8% in a quarter
Loans
$128M
+35.0% in a year · +6.8% in a quarter
Profit so far
$510K
Jan 1 to Sep 30, 2010 · +314.6% in a year
Capital ratio
11.11%
-0.47 pts in a year
Return on assets
0.44%
+0.29 pts in a year
Facts
- Type
- State nonmember bank
- Head office
- 1583 South St. Louis Street, Batesville, AR, 72501
- County
- Independence
- Established
- Aug 1, 2005
- Failed
- Dec 17, 2010
- Employees
- 36
- Branches
- 2
- Id
- b58052
Quarter by quarter
September 30, 2005 to September 30, 2010
Assets, deposits and loans
Each quarter end, US dollars
Profit by quarter
Net income of each quarter, the last 12
Ratios
Percent. Return on assets and net interest margin are yearly rates.
Related pages
Questions and answers
How big is First Southern Bank?
$191.8 million in total assets and $155.8 million in deposits as of September 30, 2010, with assets up 60.3% from a year before. Its loans were $127.8 million.
How many branches does First Southern Bank have?
2 branches in Arkansas as of June 30, 2026.
Is First Southern Bank profitable?
Yes: it earned $510,000 from January 1 to September 30, 2010 (up 314.6% from the same months a year before). Its return on assets was 0.44% a year; about 1% is typical.
When did First Southern Bank fail?
Dec 17, 2010. Southern Bank of Poplar Bluff, MO took over its deposits. The estimated cost of the failure was $24.8 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.