Data / Bank failures / 2010 / First Southern Bank
First Southern Bank, Batesville, AR: failed December 17, 2010
First Southern Bank in Batesville, Arkansas, failed on December 17, 2010. Southern Bank of Poplar Bluff, MO, took over its deposits. It held $191.8 million in assets and $155.8 million in deposits at its last report. The FDIC estimates the cost to its insurance fund at $24.8 million (12.9% of its assets). By assets it was the 96th largest of 157 banks closed or assisted in 2010.
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The FDIC's record
- Closed
- December 17, 2010
- Type
- Failure
- How it was resolved
- Purchase and assumption: another bank took over the deposits
- Acquirer
- Southern Bank, Poplar Bluff, MO
- Total assets
- $191,764,000
- Total deposits
- $155,803,000
- Estimated cost to the FDIC
- $24,770,929 (estimate as of July 31, 2026)
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- DIF
- FDIC certificate
- 58052
Other bank failures in Arkansas, 2008 to 2012
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Anb Financial National Association | Bentonville | May 9, 2008 | $1.90 billion | $1.82 billion | $1.03 billion | Pulaski Bank and Trust Co |
All bank failures in 2010 · 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.