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310

BOARD OF G O V E R N O R S
*

•Olft.V

S-229

OF THE

FEDERAL RESERVE SYSTEM
WASHINGTON

*s

-S L
* «

ADDRESS

OFFICIAL C O R R E S P O N D E N C E
TO THE

********

October

BOARD

5, I9I4-O.

Dear Sir:
In accordance with the provisions of letter B-1002 of
July 28, I93I1, the Federal Reserve Banks now notify the Board by
wire of each suspension, absorption,liquidation, or other cessation of operations of a bank. These bank closings are also included in the weekly reports of changes in"the status of banks
submitted on form F,R. Ll.12 (formerly B-12), pursuant to letter
B-1093 of July 25, 1935.
It now appears that the information contained in the
weekly reports of bank changes (form F,R. Ij.12) will suffice for
the Board's purposes except in the case of (1) bank suspensions,
(2) any changes affecting a State member bank, except those relating to branches in the head office city, and (3) any other
changes which in the opinion of the Federal Reserve Bank should
be brought promptly to the Board1 s attention* Wire advice of
other changes may be discontinued, but it is emphasized that
advice of the above changes in the status of State member banks
should be furnished by wire, as such changes are published and it
is desirable that the publications be current with the changes.
Such information on bank changes as is furnished by wire should
be covered briefly by an open telegram giving the salient facts.
Accordingly, the code !,Supp!!, "Likk", "Vert" and "Sorb" wires
requested in letter B-1002 may be discontinued effective immediately.
The weekly report on form F.R. IJ.12 should include every
change in the status of banks that has actually occurred and has
come to the attention of the Reserve Bank, even if it has not
received formal approval of the supervisory authority* Any qualifications, of which the Federal Reserve Bank has been advised,




311
8-229
-

2

—

such as the lack of formal approval, should be noted in the report#
The report hereafter should also include changes in the status of
branches, heretofore reported on form St. 63860. A supply of
revised form P.R. 1|12 is being sent to you under separate cover.
Reports of branch changes on form St. 63860 may be discontinued
effective immediately. Reports of changes in chain or group
banking, which some Reserve Banks are still submitting on form
St. 6386d, may also be discontinued, since such data are called
for annually by moans of a letter addressed to the respective
Reserve Banks.
' There is attached a specimen copy of the revised report
form F.Re I4.12, illustrating the manner of reporting the various
changes, which should be used as a guide in order that the reports
from all districts may be as nearly uniform as possible. The
headings in the specimen report cover the various types of changes
reported in the past, but if none of them appear to cover a situation that may arise in the future the change should be reported
under an appropriate heading devised for the purpose, A report
should be submitted each week whether or not there are any bank
or branch changes to report.
Very truly yours,

E, L. Smead, Chief,
Division of Bank Operations.

TO TEE PRESIDENTS OF ALL FEDERAL RESERVE BANKS




Form F.Ri 2+12
(Revised Oct. 19lt0)

S"%
REPORT OF BANK AND BRANCH CHANGES
Week ended Wednesday,

Federal Reserve Bank of

/
v> '

Location

Name of bank and/or branch

Class
of
bank

, 19k
Date on which
change became
effective

New banks
(except successions and conversions)
Robertsdale,

Central Baldwin Bank

\

Nonmember

I-17-W

3—30-lj.O

Successions and conversions
Uptown National Bank of
Conversion of —
Uptown State Bank

Chicago, Il^t-K^

National

Chicago, Ill>

State member

J. F. Morgan & Co. Inc.
Conversion of —
J. P. Morgan <$• Co.

New York,

Nonmember

Security National Bank of
Succession of —
The Whitesboro National Bank

\ -

Y.

New York, A Y.
X J
Whitesbord> Tex.

Private

Whiteatioro,' Tex.

National

\

National

II-1-W

3-30-lt.o

\J

Reopenings of suspended banks
Chatsworth Savings Bank

ChettSn(or' ih, Iowa
r-x.

Nonmember

2-26-lf.O

nsions

Blairsville Savings & Tru^t Coi..

lairdrille, Pa,
\

Nonmember

JU-5-ltO

x

\ Voluntary liqOWations
(except incio&aj^to absorptions, successions, etc.)
Burns Bank & Trust Co*

BurnS^Tenn,

Nonmember

3-23-L0

Consolidation's, absorptions, etc.
Union Avenue Bank of Commerce
Deposit liabilities assumed b y Commerce Trust Company
Bank of Guerneville
Analy Savings Bank
The Sebastopol National Bank
These three banks combined under

charter of Analy Savings Bank and
http://fraser.stlouisfed.org/
under title of
Federal Reserve
T3 ABank
v, of St.
-P Louis
Q
**.***** Qj,

Kan^s City, Mo,

Nonmember

Kansas. City, Mo,

State member

\

Guerneville, Calif. Nonmember
Sebastopol, Califs Nonmember
Sebastopol, Calif. National

6-21-i >0

3-1-1>.0

Form F.R. J J . 1 2
(Revised Oct. 19-'iO)

Page 2
S-229a

313

REPORT OF BANK AND BRANCH CHANGES
Week ended Wednesday,

Federal Reserve Bank of

Location

Name of bank and/or branch

(\^
\

Class
of
bank

,191;

Date on which
change became
effective

Consolidations, absorptionsV-Wtc. (Cont'd)
Farmers State Bank
Absorbed by -Exchange Bank

Lenora, Kead

Nonmember

Lenora, ^an&.

Nonmember

The First National Bank of
Me nomi i^ee ^\Mi ch.
The Lumbermen*s National Bank of
Menominee, Mich,
These two banks consolidated under
\
charter and title of —
The First National Bank of Menominee

2-2)j.-iiO

National
National

3-11-1 i.O

Admissions of State bagS*s td Federal Reserve membership
The Bank of Wadesboro

Wad&sBtfro, N. C.

—

3-6-h.O

Withdrawals of State\jmftftc§) from Federal Reserve membership
Bank of Eastman

/^EBr^tmn, Gaf

9-6-38

(
^ % ^ p g e ^ in t ^ l e or location
Michigan Industrial "Rank ,
Title changed to —
The Michigan Bank

it, Mich,

Lea County State Bank of
Title and location changed t o —
Lea County State Bank

Nonmember

Lovington, N. Mex. "Nonmember

2-5-I4O

6-18—38

H<jfbtis, N. Hex,

] \

ancftes established

I. *1^vi\ba^ks
n* Y
(including
converted into branches)

Miami Industrial Bank
Miami Beach Branch
(De novo)
Bank of Sonoma County
Guerneville Branch
(Formerly Bank of Guerneville)



\Miami, Fia.
Nonmember
\ 1101 Lincoln Road,
\ Mi ami Beach, Fla.
Sebastopol, Calif, Nonmember
Guerneville, Calif,

3-1-ILO

3 -1-11-0

Form F.R. Ll2
(Revised Oct. 19^0)

Page 3
S-229&
REPORT OF BANK AND BRANCH CHANGES

31.4

Week ended Wednesday,

Federal Reserve Bank of

/ Class

Location

Name of bank and/or branch

/

r

0f

bank

,191).
Date on which
change became
effective

Branches acquired by absorption\or
JU 1<- purchase
d "
Sebastopol, Calif, Nonmember
Bank of Sonoma County
Monte Rio, Calif.
Monte Rio Branch
Forestvilie Branch
Forestvilley^C^ili f.
(Formerly branches of Bank of
Guerneville and Analy Savings Bank,
respectively, both of which were
merged into Bank of Sonoma County)
Manufacturers Trust Company
Stuyvesant Square Branch
(Purchased from Chase National
Bank, New York, N. Y.)

Plymouth Five Cent Savings Bank
Court Street Branch

New York,pit Y.
, 230 2nd Avfenue

Branches discontinued
r — ; — —
PlyAgithy' Mass,
318 tourt Street

3-1-iiO
3-1-UO

State member
6-30-37

Mut, Savings
11-30-35

X
Changes in name SQT•\ ljccation of branches
Lea County State Bank /ot
Lovidgton, N. Mex.
Designated its brandh
Hobbg^^
f x
N. Mex., as the hea\ o^Kice; folMagr
head office at Loving\on\ri 11 be
operated as a branch
American Trust Company
Third-Townsend Branch
renamed
Third-Brannan Branch
Bank of America, N. T. & S, A,
Fillmore-Haight Branch
moved and renamed
Haight-Fillmore Branch
Seattle-First National Bank
Wenatchee Valley Branch
moved to



Nonmember

San Francisco,Calif, State member
601 Third Street

\

X
\

B^me address
:;
\San Francisco,Calif, National
/^j-6 Haight Street

6-18-38

l-2l.i-38

L.-30-38

z U98 Haight Street
Seattle, Wash,
National
2 South Wenatchee Ave.,
Wenatchee, Wash,
36 South Wenatchee Ave,

3-27-I1O