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Data / Bank failures / 1992 / First Exchange Bank of Little Rock

First Exchange Bank of Little Rock, Little Rock, AR: failed September 24, 1992

First Exchange Bank of Little Rock in Little Rock, Arkansas, failed on September 24, 1992. First Commercial Bank NA of Little Rock, AR, took over its deposits. It held $24.7 million in assets and $24.4 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $1.9 million (7.5% of its assets). By assets it was the 155th largest of 181 banks closed or assisted in 1992.

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The FDIC's record

Closed
September 24, 1992
Type
Failure
How it was resolved
Purchase and assumption of the insured deposits only
Acquirer
First Commercial Bank NA, Little Rock, AR
Total assets
$24,681,000
Total deposits
$24,396,000
Estimated cost to the FDIC
$1,856,940 (estimate as of July 31, 2026)
Charter
National bank (supervised by the OCC)
Insurance fund
BIF
FDIC certificate
27470

The FDIC record

Other bank failures in Arkansas, 1990 to 1994

BankCityClosedAssetsDepositsEstimated costAcquirer
Northwest National BankFayettevilleAugust 16, 1991$29.4 million$30.2 million$936,463Citizens Bank of Northwest
United FS & LaJonesboroJune 28, 1991$142.5 million$136.7 million$16.3 million
Arkansas FSBLittle RockDecember 21, 1990$71.7 million$61.6 million$15.4 million
Texarkana FS & LaTexarcanaDecember 7, 1990$40.4 million$43.2 million$11.2 millionCitizens NB
First SaParagouldNovember 30, 1990$64.1 million$46.7 million$24.6 millionPeoples Bank
First American Federal SavingsFort SmithMay 25, 1990$450.7 million$444.2 million$45.2 million
Citizens National Bank of Walnut RidgeWalnut RidgeFebruary 2, 1990$37.5 million$34.1 million$6.3 millionThe Lawrence County Bank
Grand Prairie FS & LaStuttgartJanuary 26, 1990$31.5 million$24.8 million$14.2 million

All bank failures in 1992 · 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.