Data / Bank failures / 1939 / Merchants & Farmers Bank
Merchants & Farmers Bank, Atkins, AR: failed March 23, 1939
Merchants & Farmers Bank in Atkins, Arkansas, failed on March 23, 1939. It held $223,000 in assets and $192,000 in deposits at its last report. By assets it was the 17th largest of 60 banks closed or assisted in 1939.
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The FDIC's record
- Closed
- March 23, 1939
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $223,000
- Total deposits
- $192,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
Other bank failures in Arkansas, 1937 to 1941
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Citizens State Bank | Hartford | March 2, 1938 | $118,000 | $94,000 | ||
| Bank of Marion | Marion | February 7, 1938 | $639,000 | $554,000 | ||
| Bank of Decatur | Decatur | January 19, 1938 | $97,000 | $84,000 | ||
| Bank of Swifton | Swifton | November 19, 1937 | $208,000 | $157,000 |
All bank failures in 1939 · 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.