# FIRST SOUTHERN BANK

> **Failed bank** · BATESVILLE, AR · failed 2010-12-17 · State commercial bank, non-Federal Reserve member (FDIC-supervised) · FDIC cost $25M

## What happened

FIRST SOUTHERN BANK of BATESVILLE, AR was closed by regulators on **2010-12-17**. The FDIC was named receiver.

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

Deposits were transferred to **SOUTHERN BANK** (POPLAR BLUFF, MO). Customers became depositors of the acquiring bank automatically.


## Key facts

- **FDIC ID:** 3889
- **FDIC Certificate:** 58052
- **FDIC FIN:** 10322
- **Bank name:** FIRST SOUTHERN BANK
- **Location:** BATESVILLE, AR
- **Failure date:** 2010-12-17
- **FDIC resolution date:** 2010-12-17
- **Charter type:** State commercial bank, non-Federal Reserve member (FDIC-supervised)
- **Resolution type:** Purchase & Assumption — acquiring bank assumed deposits + bought assets
- **Estimated FDIC DIF cost:** $25M
- **Deposits at failure:** $156M
- **Assets at failure:** $192M
- **Acquiring bank:** SOUTHERN BANK (POPLAR BLUFF, MO)

## Primary source

FDIC BankFind failed-bank search: https://banks.data.fdic.gov/explore/failures?searchName=FIRST%20SOUTHERN%20BANK

## Citation

> US Federal Deposit Insurance Corporation, BankFind failed-bank database, FIRST SOUTHERN BANK (FDIC ID 3889), failed 2010-12-17. Retrieved via AI Analytics 2026-05-18 from https://api.ai-analytics.org/failed-bank/3889.

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