$32.0M
total assets, March 31, 1984
The Corning Bank was a state nonmember bank in Corning, AR. It failed on Jun 15, 1984, and Corning Bank took over its deposits. At its last report it held $32.0 million in assets.
Updated Oct 11, 2026 · numbers as of March 31, 1984
This bank failed
- Failed on
- Jun 15, 1984
- Assets
- $32.0M
- Deposits
- $30.6M
- Estimated cost
- $13.8M
- Deposits went to
- Corning Bank, Corning, AR
Total assets
$32.0M
vs a year before: -
Deposits
$30.6M
vs a year before: -
Loans
$25.0M
vs a year before: -
Profit so far
-$2.2M
Jan 1 to Mar 31, 1984
Capital ratio
1.47%
Return on assets
-26.49%
Yearly rate
Facts
- Type
- State nonmember bank
- Head office
- Main Street, Corning, AR, 72422
- County
- Clay
- Established
- Sep 30, 1931
- Failed
- Jun 15, 1984
- Employees
- 30
- Id
- b5631
Related pages
Questions and answers
How big is The Corning Bank?
$32.0 million in total assets and $30.6 million in deposits as of March 31, 1984. Its loans were $25.0 million.
Is The Corning Bank profitable?
No: it lost $2.23 million from January 1 to March 31, 1984. Its return on assets was -26.49% a year; about 1% is typical.
When did The Corning Bank fail?
Jun 15, 1984. Corning Bank of Corning, AR took over its deposits. The estimated cost of the failure was $13.8 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.