What part of Bankhead were you planning to visit? I don’t recall many, if any, roads being rutted out. In fact, I think most of the main FS roads were in pretty good shape last time I went. There are several horse/hunter camps you could stay at - or some place like Brushy Lake. There is a pretty little waterfall southeast of Brushy Lake. I don’t recall the name, but marked it with a red arrow in the map below. There is a pull off big enough for 2-3 cars and it’s a quick 5 minute hike down to the top of the falls. Follow the trail to the left to get down to the bottom.
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Upper Caney Falls is also a pretty place that’s about a 20 minute hike from then road