FIRST EXCHANGE BANK OF LITTLE ROCK Failed 1992
What happened
FIRST EXCHANGE BANK OF LITTLE ROCK of LITTLE ROCK, AR was closed on 1992-09-24. The FDIC was named receiver.
Resolution: Payout / Insured deposits — FDIC paid insured deposits directly to depositors
Deposits were transferred to FIRST COMMERCIAL BANK NA (LITTLE ROCK, AR). Customers became depositors of the acquiring bank automatically.
Key facts
- FDIC ID
- 3375
- FDIC Certificate
- 27470
- FDIC FIN
- 4516
- Bank name
- FIRST EXCHANGE BANK OF LITTLE ROCK
- Location
- LITTLE ROCK, AR
- Failure date
- 1992-09-24
- FDIC resolution date
- 1992-09-24
- Charter type
- National commercial bank (OCC-chartered)
- Resolution type
- Payout / Insured deposits — FDIC paid insured deposits directly to depositors
- FDIC DIF cost (est.)
- $2M
- Deposits at failure
- $24M
- Assets at failure
- $25M
- Acquiring bank
- FIRST COMMERCIAL BANK NA (LITTLE ROCK, AR)