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Data / Bank failures / Worthen B&TC, NA

Failed banks taken over by Worthen B&TC, NA: 2

Worthen B&TC, NA took over 2 failed banks between February 17, 1989 and March 2, 1989, holding $314.6 million in assets and $474.9 million in deposits. The FDIC estimates the cost to its insurance fund at $355.7 million. The largest: Independence FS & La ($207 million), First State Savings Bank ($107.6 million).

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Every bank it took over, newest first

BankCityStateClosedAssetsDepositsEstimated costAcquirer
First State Savings BankMountain HomeARMarch 2, 1989$107.6 million$128.5 million$52.2 millionWorthen B&TC, NA
Independence FS & LaBatesvilleARFebruary 17, 1989$207 million$346.4 million$303.5 millionWorthen B&TC, NA

Other acquiring banks

Read from the FDIC's failures data (BankFind), last updated 2026-10-23. Assets and deposits are as of the last report before failure; the estimated cost is the FDIC's latest estimate of the loss to its insurance fund and changes as the receivership winds down. Free to reuse with credit to SpecStream under CC BY 4.0.