# CITIZENS NATIONAL BANK OF WALNUT RIDGE

> **Failed bank** · WALNUT RIDGE, AR · failed 1990-02-02 · National commercial bank (OCC-chartered) · FDIC cost $6M

## What happened

CITIZENS NATIONAL BANK OF WALNUT RIDGE of WALNUT RIDGE, AR was closed by the OCC on **1990-02-02**. The FDIC was named receiver.

**Resolution:** Purchase & Assumption — acquiring bank assumed deposits + bought assets

Deposits were transferred to **THE LAWRENCE COUNTY BANK** (PORTIA, AR). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 2639
- **FDIC Certificate:** 16816
- **FDIC FIN:** 4148
- **Bank name:** CITIZENS NATIONAL BANK OF WALNUT RIDGE
- **Location:** WALNUT RIDGE, AR
- **Failure date:** 1990-02-02
- **FDIC resolution date:** 1990-02-02
- **Charter type:** National commercial bank (OCC-chartered)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $6M
- **Deposits at failure:** $34M
- **Assets at failure:** $38M
- **Acquiring bank:** THE LAWRENCE COUNTY BANK (PORTIA, AR)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=CITIZENS%20NATIONAL%20BANK%20OF%20WALNUT%20RIDGE

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, CITIZENS NATIONAL BANK OF WALNUT RIDGE (FDIC ID 2639), failed 1990-02-02. Retrieved via AI Analytics 2026-09-13 from https://api.ai-analytics.org/failed-bank/2639.

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