Data / Bank failures / 1982 / Citizens Bank
Citizens Bank, Tillar, AR: failed June 23, 1982
Citizens Bank in Tillar, Arkansas, failed on June 23, 1982. It held $6.3 million in assets and $5.6 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $432,501 (6.8% of its assets). By assets it was the 115th largest of 119 banks closed or assisted in 1982.
SpecStream is the live web data engine for teams and agents. It reads the FDIC failed bank data every morning, and this page is that reading. Ask for the banks you follow and each new closure arrives in your sheet, CRM, Slack or agent as the FDIC announces it.
The FDIC's record
- Closed
- June 23, 1982
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $6,316,000
- Total deposits
- $5,582,000
- Estimated cost to the FDIC
- $432,501 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 15933
Other bank failures in Arkansas, 1980 to 1984
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Jackson County National Bank | Tuckerman | August 9, 1984 | $13.3 million | $12.9 million | $5.3 million | First State Bank of Newp |
| The Corning Bank | Corning | June 15, 1984 | $32 million | $30.6 million | $13.8 million | Corning Bank |
| Prairie County Bank | Hazen | March 24, 1983 | $13.3 million | $12.1 million | ||
| Bank of Quitman | Quitman | November 12, 1982 | $17.4 million | $16.3 million | $1.4 million | First NB of Cleburne Cou |
| First Security Bank of North Arkansas | Horseshoe | August 27, 1982 | $14.1 million | $12.7 million | $2.6 million | Bank of Melbourne |
All bank failures in 1982 · 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.