FIRSTSOUTH FS&LA Failed 1986
What happened
FIRSTSOUTH FS&LA of PINE BLUFF, AR was closed on 1986-12-05. The FDIC was named receiver.
Resolution: ABT
Deposits were transferred to HOME FS&LA (KANSAS CITY, MO). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 1319
- FDIC Certificate
- 29048
- FDIC FIN
- 7545
- Bank name
- FIRSTSOUTH FS&LA
- Location
- PINE BLUFF, AR
- Failure date
- 1986-12-05
- FDIC resolution date
- 1987-12-08
- Charter type
- SL
- Resolution type
- ABT
- FDIC DIF cost (est.)
- $1,697M
- Deposits at failure
- $1,500M
- Assets at failure
- $1,681M
- Acquiring bank
- HOME FS&LA (KANSAS CITY, MO)
Other banks HOME FS&LA acquired in FDIC resolutions