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Data / Bank failures / 2000 / Bank of Falkner

Bank of Falkner, Falkner, MS: failed September 29, 2000

Bank of Falkner in Falkner, Mississippi, failed on September 29, 2000. Citizens Bank & Savings Com of Russellville, AL, took over its deposits. It held $85.5 million in assets and $77.1 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $14.6 million (17.1% of its assets). By assets it was the 3rd largest of 7 banks closed or assisted in 2000.

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The FDIC's record

Closed
September 29, 2000
Type
Failure
How it was resolved
Purchase and assumption of the insured deposits only
Acquirer
Citizens Bank & Savings Com, Russellville, AL
Total assets
$85,485,000
Total deposits
$77,140,000
Estimated cost to the FDIC
$14,592,499 (estimate as of July 31, 2026)
Charter
State nonmember bank (FDIC)
Insurance fund
BIF
FDIC certificate
338

The FDIC record

All bank failures in 2000 · All bank failures in Mississippi · The full failed bank list

Read from the FDIC's failures data (BankFind), last updated 2026-10-24. 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.