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Data / Bank failures / 1938 / Bank of Decatur

Bank of Decatur, Decatur, AR: failed January 19, 1938

Bank of Decatur in Decatur, Arkansas, failed on January 19, 1938. It held $97,000 in assets and $84,000 in deposits at its last report. By assets it was the 36th largest of 74 banks closed or assisted in 1938.

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The FDIC's record

Closed
January 19, 1938
Type
Failure
How it was resolved
Payout: the FDIC paid insured depositors directly
Total assets
$97,000
Total deposits
$84,000
Charter
State nonmember bank (FDIC)
Insurance fund
FDIC

The FDIC record

Other bank failures in Arkansas, 1936 to 1940

BankCityClosedAssetsDepositsEstimated costAcquirer
Merchants & Farmers BankAtkinsMarch 23, 1939$223,000$192,000
Citizens State BankHartfordMarch 2, 1938$118,000$94,000
Bank of MarionMarionFebruary 7, 1938$639,000$554,000
Bank of SwiftonSwiftonNovember 19, 1937$208,000$157,000

All bank failures in 1938 · 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.