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X-3962
BANKS REPORTED CLOSED - WEEK ENDED SEPT. 4, 1951
(For confidential use only - subject to correction)
liember "banks indicated ty an asterisk (*).
Date
closed

Surplus
Total
Capital
& profits
deposits
(Bankers' Directory,Jan.1931)

Name of Bank

Pity

District No. 3
•Portland National Bank
Parkway Trust Co.

Portland
Pa.
Philadelphia "

Aug. 31
Sept. 2

50,000
250,000

76,000
234,000

1,056,000
1,884,000

District No. 4
Curtice State Bank

Curtice

Sept. 2

40,000

23,000

542,000

State

Ohio

District No. 5
Elon College N. C. Aug. 31
10,000
10,000
Elon Bkg.& Trust Co.
Bank of Sutton
Sutton
W.Va. Sept. 1
35,000
8,000
351,000
Central Trust Co.of M . Frederick
Md.
"
2 1,000,000 1,608,000 14,682,000
with branches at: Emmittsburg, Monrovia, i^ersville, Poolesville, Smithsburg,
Sykesville, Thurmont, Union Bridge, Walkersville, Ellicott City & Iliddletown.
Bank of Pax
Pax
W.Va. Sept. 4
25,000
10,000
163,000
District No. 6
•First National Bank
Vidalia
Ga.
Sept . 1
35,000
41,000
703,000
it
•First.National Bank
Lyons
Ga.
1
25,000
10,000
175,000
It
Baldwin State Bank
Baldwin
Ga*
4
15,000
11,000
106,000
District No. 7
Farmers Savings Bank
Woolstock
Iowa Aug. 2 9
15,000
7,000
266,000
It
it
State Bank of Woolstock Woolstock
29
25,000
5,000
104,000
Farmers State Bank
Kawkawlin
Mich. It
31
20,000
7,000
160,000
It
Marquette Park State Bk. Chicago
111.
31
300,000
158,000
2,375,000
it
First State Bank
Mineral
Sept,. 2
25,000
3,000
152,000
it
First State Bank
Frankfort
Ind.
2
100,000
80,000
900,000
it
Far. & Ilerch. Svgs.Bank Tipton
Iowa
2
50,000
15,000
482,000
it
*Bay City Bank
Bay City
Mich.
2
400,000
320,000
5,750,000
it
Princeton State Bank
Princeton
Wis.
2
60,000
30,000
700,000
it
State Savings Bank
Gait
Iowa
3
12,000
5,000
130,000
Sunfield State Svgs.Bk. Sunfield
Mich. it
3
22,000
21,000
292,000
it
it
*Inkster National Bank
Inkster
4
25,000
5,000
394,000
District No* 8
Bank of Arlington
Arlington
Ky.
Aug. 2 9
24,000
27,000
145,000
it
Clark County Svgs.Bank Kahoka
Mo.
31
20,000
17,000
235,000
Hanover Deposit Bank
Hanover
Ind. Sept. 1
25,000
5,000
56,000
A. T, Hudspeth chain;
(Bankers' Directory, July,1930)
Citizens Bank & Tr. Co. Harrison
Ark. Sept. 1
100,000
28,000
(not given)
It
it
it
Peoples Savings Bank
1
25,0P0
3,000
158,000
it
ii
Citizens Bank
Yellville
1
30,#00
10,000
466,000
with branch at:
Flippin Uiarion County Bank) .
First State Bank
Karshall
Ark. Sept. 1
25,pOO
3,000
493,000
It
ii
American Exchange Bank Leslie
1
15,000
2,000
180,000
It
it
Bank of Alpena Pass
Alpena Pass
1
10,000
1,000
133,000
It
it
Bank of Lead Hill
Lead Hill
1
10,000
1,000
79,000
II
it
Bank of North Arkansas Everton
1
10,000
2,000
89,000




- 2 B A M S REPORTED CLOSED

X-3962

WEEK ENDED SEPT. 4, 1951

lumber "banks indicated by an asterisk (*).
Date "
closed

Name of Bank

City

State

District No. 9
First State Bank
Merchants Bank
•First National Bank
Peoples Bank
Merchants State Bank
State Bank of Belview
American State Bank
•Security National Bank

Stratford
Napoleon
Westbrook
Dixon
Richardton
Belview
Howard Lake
Ho bridge

S.Dak. A u g . 2 8
29
N.Dak. «•
Iilinn. Sept,, 1
S.Dak. ft
1
1
N.Dak. •I
ft
2
Minn.
2

3

District No. 10
Peoples Bank
Citizens State Bank
Bank of Gretna

JUaitland
Mo.
Aug. 3 1
Belle Plaine,Kans. Sept,, 3
M
Gretna
Nebr.
4

District No. 11
Abilene State Bank
•First National Bank
•First National Bank
•First National Bank

Abilene
Smithville
El Paso
Las Cruces

ft

ti

S.Dak.

Texas
»
t»

ft

Aug.
n

ti




None.

«•»

mm

56,000

10,000

6,000

67,000

30,000

15,000

453,000

5,000

9,000

96,000

25,000

15,000

412,000

30,000

20,000

214,000

15,000

6,000

198,000

50,000

13,000

371,000

20,000

42,000

190,000

25,000

6,000

105,000

50,000

11,000

309,000

1,188,000

125,000

22,000

31

50,000

29,000

4

1,000,000

293,000

4

50,000

34,000

997,000

100,000

355,000

8,372,000

50,000

9,000

154,000

67,000

13,000

338,000

District No. 12
Ogden State Bank
Ogden
Utah
Aug. 31
•Prineville National Bank,Prineville Oreg. Sept. 1
Glendora Bank
Glendora
3
Calif.
REOPENED:

30,000

29

Sept.,

N.liex.

~
Surplus
Total
& profits deposits
Capital
(Bankers Directory,Jan.1931)

455,000
11,828,00C