Data / Bank failures / 2016 / Allied Bank
Allied Bank, Mulberry, AR: failed September 23, 2016
Allied Bank in Mulberry, Arkansas, failed on September 23, 2016. Today's Bank of Huntsville, AR, took over its deposits. It held $66.3 million in assets and $64.7 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $6.2 million (9.4% of its assets). By assets it was the 3rd largest of 5 banks closed or assisted in 2016.
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The FDIC's record
- Closed
- September 23, 2016
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Today's Bank, Huntsville, AR
- Total assets
- $66,336,000
- Total deposits
- $64,713,000
- Estimated cost to the FDIC
- $6,213,476 (estimate as of July 31, 2026)
- Charter
- State member bank (Federal Reserve)
- Insurance fund
- DIF
- FDIC certificate
- 91
All bank failures in 2016 · All bank failures in Arkansas · The full failed bank list
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.