First Southern Bank, Batesville, Arkansas Fails & Purchased By Bank With Outstanding TARP Loan

December 17, 2010 – First Southern Bank, Batesville, Arkansas, a two branch locally owned bank, was closed today by the Arkansas State Bank Department, which appointed the FDIC  as receiver.  The FDIC sold the failed bank to Southern Bank, Poplar Bluff, Missouri, which will assume all deposits of First Southern. Depositors will have access to […]