Data / Bank failures / 1983 / Prairie County Bank
Prairie County Bank, Hazen, AR: failed March 24, 1983
Prairie County Bank in Hazen, Arkansas, failed on March 24, 1983. It held $13.3 million in assets and $12.1 million in deposits at its last report. By assets it was the 90th largest of 99 banks closed or assisted in 1983.
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The FDIC's record
- Closed
- March 24, 1983
- Type
- Failure
- How it was resolved
- Payout: the FDIC paid insured depositors directly
- Total assets
- $13,251,000
- Total deposits
- $12,119,000
- Charter
- State nonmember bank (FDIC)
- Insurance fund
- FDIC
- FDIC certificate
- 16290
Other bank failures in Arkansas, 1981 to 1985
| Bank | City | Closed | Assets | Deposits | Estimated cost | Acquirer |
|---|---|---|---|---|---|---|
| Guaranty S&LA | Harrison | December 6, 1985 | $451.4 million | $316.5 million | $64.1 million | Superior Federal Bank, FSB |
| Bank of Lockesburg | Lockesburg | May 31, 1985 | $25.5 million | $23.5 million | $7.4 million | Bank of Lockesburg |
| 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 |
| 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 |
| Citizens Bank | Tillar | June 23, 1982 | $6.3 million | $5.6 million | $432,501 |
All bank failures in 1983 · 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.