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r https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis [OMISSIONS TO AND TERMINATIONS OF INSURANCE 1934-1940 Supporting Lists for Table 102, 1939 annual report and Table 104, 1940 annual report • ADMISSIONS TO AND TERMINATIONS OF INSURANCE 1934-1940 Supporting Lists for Table 102, 1939 annual report and Table 104, 1940 annual report • • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • Table 104. ANALYSIS OF ADMISSIONS TO AND TERMINATIONS OF INSURANC E IN 1934-1940 Total EACH CLASS OF BANK, 1934-1940 1935 Under Under tempor- permsary plan nent plan 1934 1936 1937 1938 1939 1940 Jan. 1- Aug. 23Aug.22 Dec. 31 ALL BANKS 'umber insured at beginning of period umber insured at end of period dmissions not directly offset by terminations—total Banks operating, or with direct predecessors operating, when deposit insurance became effective: Banks of deposit operating January I, 1934, not previously insured, or successors to such banks, Banks previously insured, or successors to such banks, Financial institutions operating January 1, 1934, but not engaged in deposit banking, or successors to such institutions. Banks in conservatorship or operating under restrictions, or in receivership or liquidation, when deposit insurance became effective: Successors to or reorganizations of banks in conservatorship or operating under restrictions' Successors to or reorganizations of banks in receivership or in process of liquidation. Banks organized and opened since deposit insurance became effective: Banks opened and admitted to insurance in the same calendar year Banks opened since January I, 1934, prior to year of admission to insurance, or successors to such banks Financial institutions opened since January 1, 1934, but not engaged in deposit banking prior to year of admission to insurance dmisaions directly offset by terminations—total Banks succeeding other banks in same clam' Banks succeeding other insured banks not in same class, Readmissions of banks which had suspended and reopened or had withdrawn from insurance Admissions to insurance of banks withdrawing from F. R. System.. Admissions of insured banks to F '13,2111 13,4941 13,2111 14,219 14,219 13,495 '13.2111 14,217 14,217 14,219 14.219 14,182 14,182 14,929 14,029 13,853 13.853 13,709 13.71n 13,589 13,589 13,495 1,977 1,624 353 1,436 194 42 83 82 48 48 56 509 22 405 2 104 20 355 1 50 1 14 3 33 4 25 I II 2 11 5 10 6 1 2 8 8 3 I 13 13 1,006 989 17 5 6 2 4 76 10 921 • 60 68 86 16 5 3 1 1 805 142 183 93 49 14 32 45 21 24 27 86 10 26 3 6 6 5 6 939 248 691 193 55 23 121 117 78 131 222 137 186 71 41 66 145 53 30 18 11 a 6 16 30 18 35 8 18 16 25 6 31 6 81 1 6 6 26 3 107 a 22 1 6 68 2 6 5 5 85 3 182 1 10 1 1 1 2 12 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Terminations not directly onset by admissions—total Banks suspended or merged with financial aid from FDIC: Suspended banks not reopened or succeeded Banks merged with financial aid of FDIC—net reduction Other terminations: Withdrawals from Insurance of operating banks (excluding those readmitted during same year) Banks absorbed by, succeeded by, or consolidated with noninsured banks Banks absorbed by or consolidated with other insured banks without financial aid of FDIC—net reduction Other liquidations Insured status terminated by FDIC' Terminations directly offset by admissions—total Banks succeeded by other banks in same class Banks succeeded by other insured banks not in same clans Suspended banks, or banks withdrawing from insurance, readmitted Banks withdrawing from F. R. System and admitted to insurance.. Insured banks admitted to F. R. System, 1,683 605 1,1178 414 191 SO 236 288 192 168 144 223 105 24 199 105 9 15 9 40 22 50 20 49 22 32 21 19 20 228 224 191 33 20 14 6 6 8 1 2 855 249 3 267 76 588 173 3 172 36 95 40 60 11 139 31 150 36 1 77 37 2 90 25 72 33 939 249 690 193 56 22 120 117 78 131 222 137 186 6 31 579 71 41 2 6 129 66 145 4 25 450 53 30 3 6 1 8 18 16 25 6 31 12 15 30 1 6 68 18 35 3 107 18 11 2 3 22 6 56 5 47 5 85 3 182 5,153 5,144 5,153 5,419 8,419 5,144 5,153 5,462 5,462 5,419 5,419 5,386 5,386 5,325 5,325 5,260 5,260 5,224 5.224 5,187 5,187 5,144 426 401 25 385 16 3 7 7 1 3 4 10 8 1 1 339 339 336 3 13 13 10 3 1 8 a NATIONAL BANKS MEMBERS OF THE FEDERAL RESERVE SYSTEM Number insured at beginning of period Number insured at itnd of period Admissions not directly offset by terminations—total Banks operating, or with direct predecessors operating, when deposit insurance became effective: Successors to banks operating but not insured January 1, 1934 Banks in conservatorship or operating under restrictions, or in receivership or liquidation, when deposit insurance became effective: Successors to or reorganizations of banks in conservatorship.... Successors to or reorganizations of banks in receivership or in process of liquidation Banks organized and opened since deposit insurance became effective: Banks opened and admitted to insurance in the same calendar year Admissions directly offset by terminations—total Banks succeeding other banks in same class, Banks succeeding other insured banks not in the same class., Readmission of bank which had suspended and reopened Terminations not directly offset by admissions—total Banks suspended or merged with financial aid from FDIC: Suspended banks not reopened or succeeded Banks merged with financial aid of FDIC—net reduction 64 41 23. 31 10 2 6 7 1 3 4 156 81 75 69 12 3 12 22 7 15 16 69 96 1 51 30 8 66 1 44 25 7 5 3 2" 10 2 19 1 1 6 2 13 1 15 442 155 287 97 58 35 59 75 31 41 46 13 22 4 9 22 1 3 1 1 2 7 1 4 4 4 1 Table 104. ANALYSIS OF ADMISSIONS TO AND TERMINATIONS OF INSURANCE IN EACH CLASS OF BANK, 1934-1940---Continued 1934-1940 1935 11 Total 1934 Under Under tempor- permsary plan nent plan 1936 1937 1938 1939 1940 Jan. 1- Aug. 23Aug.22 Dec. 31 NATIONAL BANKS MEMBERS OF THE FEDERAL RESERVE SYSTEM— Continued 01 er terminations: anks absorbed by, succeeded by, or consolidated with noninsured banks anks absorbed by or consolidated with other insured banks without financial aid of FDIC—net reduction ther liquidations Tcr 'nations directly offset by admissions—total Be ks succeeded by other banks in same class Bo ks succeeded by other insured banks not in same class pended banks, or banks withdrawing from insurance, readmitted 11 10 1 5 5 338 58 113 28 225 30 75 16 38 12 33 2 50 7 57 8 23 3 26 7 86 3 149 61 88 48 13 4 21 19 13 14 17 59 88 2 51 10 8 78 2 44 4 7 6 2 19 2 16 1 1 12 2 12 1 16 856 1,342 856 990 990 1,342 I 980 900 990 190 1,001 1,001 1,051 1,151 1,1181 1,1181 1,114 1,114 1,175 1,175 1,342 62 41 21 40 1 2 3 5 3 2 6 19 2 9 10 2 9 1 1 3 1 5 1 1 3 1 STA E BANKS MEMBERS OF THE FEDERAL RESERVE SYSTEM Nu her insured at beginning of period Nun ber insured at end of period Adm'salons not directly offset by terminations—total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ba ks operating, or with direct predecessors operating, when deposit insurance became effective: anks of deposit operating January 1, 1934, not previously insured, or successors to such banks, ank previously insured' manual institutions operating January I, 1934, but not engaged in uepotiat banking, or successors to such institutions, Ba ks in conservatorship or operating under restrictions, or in receivership or liquidation, when deposit insurance became ell ective: uccessors to or reorganizations of banks in conservatorship or operating under restrictionsuccessurs to or reorganizations of banks in receivership or in process of liquidation, Ba ks organized and opened since deposit insurance became effective: • anks opened and admitted to insurance in the same calendar year 4 4 1 1 2 , 25 25 7 5 2 5 5 2 3 2 24 1 1 1 1 1 1 13 78 22 1 12 1 1 68 8 4 II 594 133 461 1199 24 Barks succ-eding other banks in same class Hai kg succ eding other insured banks not in same ChM Admizsions of insured banks to F. R. System, 7 8 579 3 1 129 4 7 450 1 1 107 2 Terminations not directly offset by admissions—total 86 19 67 11 Admissions directly offset by terminations—total Banks suspended or merged with financial aid from FDIC. Suspended banks not reopened or succeeded Banks merged with financial aid of FDIC—net reduction Other terminations: Withdrawals from insurance of operating banks (excluding those readmitted during same year) Banks absorbed by or consolidated with other insured banks without financial aid of FDIC—net reduction Other liquidations Terminations directly offset by admissions—total Banks succeeded by other banks in same class Banks succeeded by other insured banks not in same class....... Banks withdrawing from F. K. System and admitted to insurance. 47 87 186 2 56 47 1 1 85 2 2 182 21 7 13 12 2 1 1 3 1 3 14 3 6 1 9 1 7 2 8 1 13 18 15 13 2 8 3 6 2 ss 1 1 4 61 12 13 6 48 7 6 4 84 21 63 14 7 12 2 2 3 1 5 6 7 6 5 5 1 9 5 7 46 31 8 12 6 4 34 25 1 10 3 106,978 6,956 6,978 7,754 7,754 6,956 K6,978 7,787 7,787 7,754 7,754 7,739 7,739 7,597 7,597 7,456 7,456 7,323 7,323 7,116 7,176 6,956 1,459 1,158 301 982 176 37 73 76 44 39 38 459 14 367 2 92 12 317 1 so 13 3 31 3 22 1 11 2 10 1 5 2 2 2 1 4 COMMERCIAL BANKS NOT MEMBERS OF THE FEDERAL RESERVE SYSTEM Number of insured at beginning of period Number insured at end of period Admissions not directly offset by terminations—total https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Banks operating, or with direct predecessors operating, when deposit insurance became effective: Banks of deposit operating January 1, 1934, not previously insured, or successors to such banks, Banks previously insured, or successors to such banks, kinancial institutions operating January I, 1934, but not engaged in deposit banking, or successors to such institutions, Banks in conservatorship or operating under restrictions, or in receivership or liquidation, when deposit insurance became effective: Successors to or reorganizations of banks in conservatorship or operating under restrictions. Successors to or reorganizations of banks in receivership or in process of liquidation, Banks organized and opened since deposit insurance became effective: Banks opened and admitted to insurance in the same calendar year,. Banks opened since January 1, 1934, prior to year of admission to insurance; or successors to such banks Financial institutions opened since January 1, 1934, but not engaged in deposit banking prior to year of admission to insurance 9 9 1 640 623 17 660 83 6 6 2 66 58 8 46 13 4 8 1 235 98 137 69 89 12 25 37 20 20 23 9 5 6 6 6 36 10 1/5 10 • Table 104. AN-ALYSIS OF ADMISSIONS TO AND TERMINATIONS OF INSURANCE IN EACH CLASS OF BANK, 1934-1940—Continued 1984-1940 Total 1935 Under Under tempor- permsary plan nent plan 1184 1936 1937 1938 1939 1940 Jan. 1- Aug. 23Aug. 22 Dec. 81 COMMERCIAL BANKS NOT MEMBERS OF THE FEDERAL RESERVE SYSTEM—Continued Ad 189 34 155 15 11 7 38 37 24 21 24 71 82 17 10 54 72 8 4 9 6 3 2 12 19 16 14 7 12 13 11 3 14 5 31 1 6 4 25 1 3 2 3 1 6 1 6 5 E. 3 minationa not directly offset by admissions--total 464 244 715 137 112 41 166 163 146 113 86 anks suspended or merged with financial aid from FDIC: Suspended banks not reopened or succeeded Banks merged with financial aid of FDIC—net reduction 203 77 20 183 77 e 12 9 39 21 46 12 46 18 25 15 18 11 49 lesions directly offset by terminations—total anks succeeding other banks in same &use •links succeeding other insured banks not in same clam, eadmissions of banks which had suspended and reopened or had withdrawn from insurance dmissions to insurance of banks withdrawing from F. R. System. ther terminations: Veithdrawals from insurance of operating banks (excluding those readmitted during Jamie year) Banks absorbed by, succeeded by, or consolidated with noninsure.' banks Banks absorbed by or consolidated with other insured banks without financial aid of FDIC—net reduction Other liquivations Insured status terminated by FDIC, 46 8 21 25 9 4 6 1 3 446 178 2 186 43 310 135 2 91 16 46 27 23 9 80 23 79 25 1 43 33 1 67 16 28 25 minations directly offset by admissions—total 706 167 539 131 36 18 87 85 55 102 1112 anks succeeded by other banks in same class anks suLteeded by other insured banks not in same clans uspt mum Lanka, or banks withdrawing from insurance, readmitted urea banks admitted to 1.. R. System. 71 52 4 579 17 19 2 129 54 33 2 460 a 9 16 a 3 3 18 4 3 7 107 12 16 12 1 56 7 1 2 22 12 6 1 68 47 85 182 214 53 214 54 ss 53 214 68 68 56 56 54 56 56 54 56 48 411 51 53 3 2 3 MUTUAL SAVINGS BANKS mber insured at beginning of period nsber insured at end of eriocl https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 54 51 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 30 24 Banks operating, or with direct predecessors operating, when deposit insurance became effective: Banks of deposit operating January 1, 1934, not previously insured Banks previously insured 21 6 21 Banks in conservatorship or operating under restrictions, or in receivership or liquidation, when deposit insurance became effective: Successors to or reorganizations of banks in conservatorship or operating under restrictions 2 2 Banks organized and opened since deposit insurance became effective Bank opened and admitted to insurance in the same calendar year 1 Admissions not directly offset by termination—total 1 1 Banks suspended or merged with financial aid from FDIC: Suspended bank not reopened or succeeded Banks merged with financial aid of FDIC—net reduction Other terminations: Withdrawals from insurance of operating banks (excluding those readmitted during same year) Banks consolidated with other insured banks without financial aid of FDIC—net reduction Other liquidation Insured status terminated by FDIC 21 6 182 Terminations not directly offset by admissions—total 1• 6 10 3 4 2 1 1 9 1610 13 1 177 4 8 1 1 1 169 177 1 5 5 1 issued March 10, 1933, prior to, or 1 The banks admitted to insurance as of January 1, 1934, were icensed, under the provisions of the Executive Order of the President 1934, though formally en the date deposit insurance became effective, with the exception of a few banks which were fully or conditionally admitted to insurance as of January 1, licensed at a later date. See also footnotes 4 and 10. 1933. 10, March issued President the of Order Executive the of under provisions the Excludes banks operating under restrictions but unlicensed banks and operated as noninsured Includes banks which withdrew from insurance during or at the close of the temporary funds, or which were succeeded by noninsured banks for three months or more prior to readmission to insurance. funds eligible for insurance; (b) These cases include the following types of institutions: (a) trust companies not engaged in deposit banking but with uninvested trust laws enacted since January 1, 1934, industrial and Morris Plan banks and companies not legally authorised to receive deposits on January 1, 1934, which have been authorized byand (c) banks of deposit organised as to engage in deposit banking; or whose obligations were recognized by the Corporation as eligible for the protection of deposit insurance; types were successors to cooperative credit associations, savings and loan associations, Morris Plan companies, and similar institutions. In addition, 40 institutions of thew admitted to insurance as of January 1, 1934. 1934. 1, January to subsequent 11 Includes a few cases of banks placed under restrictions or liquidation, Includes a few muses of banks which were in conservatorship or operating under restrictions on January 1, 1934, which were subsequently placed in receivership and were in process of liquidation at the time of reorganization and admission to insurance. maintained not was identity 7 Includes private banks incorporated, new charters obtained in connection with consolidation, and charter renewals in cases where corporate and the bank was required to reapply for insurance. thereinsured are they but system, 'No termination of insurance occurs in the case of insured banks not members of the Federal Reserve System which are admitted to that to Federal Reserve memberafter under subsection le) rather than subsection (f) of section 128 of the Federal Reserve Act, as amended. The number of insured banks admitted ship is shown in this table in order to indicate the admissions and terminations of insured banks by class. 11 1 of these banks subsequently suspended operations. 1934. Also includes 1.1 Includes about 460 banks which had been approved for insurance, but from which assessment remittances were not received until after January 1, 40 institutions of the types described in footnote 4. banks. such to direct not SIICOMOr1 but communities, same the in banks "Includes banks opened subsequent to the suspension of other insured r .4- -• •7 • rvry ' • • •. ". VI( https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis boe' • , t '< v vdt (' 17- 44e4,07L3 /F /3'7 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1.3f- , f .606` cb 61" 1 '1' '••••°1 ° -4 I -/7,;-„•( /*--7 . 7 1 1 ' ( W14'f • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 q 4.11 " fr ff )/ /75 1. T-44- roi?' 1 :2 • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 ' , :0441 0 (A a a .L" ,,4? 4 filptf.'1 6-4j1 Lre-t Str4 A.4 b,4,0-41 k https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis F,e,). " ,c -Pr r 4.1( -— ••,- tr40 (1'') C ' • Sr- -Lail r. 3-( Lists supporting table for 1939 Annual Report • - 7 NUMBER OF BANKS ADMITTED TO AND TERMINATING INSURANCE List number Category (Admissions not directly offset by terminations) Banks operating, or with direct predecessors operating, when deposit insurance became effective: . Banks previously insured, or successors to such banks Banks of deposit operating January 1, 1934, not previously insured, , -4 . Successors to, or consolidations of, banks operating but not insured January 1, 1934 * 4. Financial institutions operating January 1, 1934, but not engaged in ‘ t i deposit banking, or banks succeeding such institutions 4. Banks in conservatorship or operating under restrictions, or in receivership or liquidation, at time deposit insurance became effective: Successors to or reorganizations of banks in conservatorship or operating under restrictions 6. Successors to or reorganizations of banks in receivership or in process of liquidation 5. • Banks organized and opened since deposit insurance became effective: 7. 8. Banks opened and admitted to insurance in the same calendar year Banks opened between January 1, 1934, and beginning of year of admission to insurance, or successors to such banks 9. Bankareplacing other banks or branches closed\gir relocated since January 1, 1934 10. Banks providing additional offices in the centers in which located (Admissions directly offset by terminations) Successions to other banks in same class Successions to other insured banks not in the same class -13-1, Readmissions of banks which had suspended or had withdrawn from insurance Banks withdrawing from F.R. System and admitted to insurance as nonmembers 15, Insured banks admitted to F. R. membership 11. Po // (Terminations not directly offset by admissions) Banks continuing to operate without insurance or succeeded by noninsured banks: 115. Lo. Insurance terminated by FDIC Withdrawals from insurance (excluding those readmitted during same year) Banks succeeded by or consolidated with or to form noninsured banks • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis -2 - (Terminations not directly offset by admissions - Continued) Ai/ Banks suspended or merged with financial aid from FDIC: • -19:--Suspended (excluding those reopened or succeeded) Merged with financial aid of FDIC - net reduction 1/ -72.0. Other terminations: Banks consolidated with other insured banks - net reduction -722...„Other liquidations (Terminations directly offset by admissions) Succeeded by other banks in same class Succeeded by other banks not in the same class Suspended banks, or banks withdrawing from insurance, readmitted Banks withdrawing from F. R. System and admitted to insurance as nonmembers Insured banks admitted to Federal Reserve membership • • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 ADMISSIONS NOT DIRECTLY OFFSET BY TERMINATIONS Banks previously insuredi or successors to such banks Date and previous status Location and name 'Di: Termination classification Bank changes number not F.R.S. Admitted 9-1-34; successor to the Estill Exchange Depository 3-27-34 Not directly offset: insured banks succeeded by noninsured banks Admitted to insurance 1-8-35; successor to The First National Bank 12-24-34 Not directly offset: insured banks succeeded by noninsured banks Minnesota: Kasson Kasson State Bank Admitted to insurance 12-23-35; consolidation of National Farmers Bank and National Bank of Dodge County 2-4-35 Not directly offset: insured banks succeeded by noninsured banks Texas: Kirbyville The Kirbyville State Bank of , Kirbyville : e oies-te Admitted to insurance 12-6-35; consolidation of Kirbyville State Bank and Peoples State .Bank, both not F.R.S., 2-16-35 Not directly offset: insured barks succeeded by noninsured banks South Carolina: Exchange Bank Estill 1935 - not F.R.S. (Temporau FUpd) Kansas: Tonganoxie The First State Bank of Tonganoxie 1135 - not • F.R.S. (Permanent Fund) 1411-Vet 106 - Btete members F.5.B. • - ?-"P;.> withdrawals from Admitted to F.R. membership 1-18-36; had withdrawn from insurance 7-1-34 Not directly offset: insurance Iowa: Aurelia The First Trust and Savings Bank Admitted to insurance 10-31-36; successor to First National Bank 4-22-35 Not directly offset: insured banks succeeded by noninsured banks 365 Nebraska: Randolph First State Bank of Randolph Admitted to insurance 3-14-36; successor to First National Bank 7-1-35 Not directly offset: insured banks succeeded by noninsured banks 382 Pennsylvania: Woodbury Farmers State Bank Admitted to insurance 11-7-36; had withdrawn from insurance 7-1-34 Not directly offset: insurance Washington: Pomeroy Pomeroy State Bank 359 1936 - not F.R.S. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis withdrawals from 385 - 2 -- BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 (Continued) ADMISSIONS NOT DIRECTLY OFFSET BY TERMINATIONS Banks previously insured, . or successors to such banks Location and name Termination classification Date and previous status Bank changes number 1937 - not F.R.S. Texas: Coleman Coleman County State Bank Admitted to insurance 4-1-37; successor State Bank, Valera, 10-15-36 to First Not directly offset: insured banks succeeded by noninsured banks 422 1938 - not F.R.S. Kentucky: Campbellsville Taylor County Bank Admitted to insurance 4-6-38; opened 8-30-37 as successor to The Taylor National Bank of Campbellsville, which suspended 8-24-37 Not directly offset: insured banks succeeded by noninsured banks 261 Wisconsin: Appleton Appleton State Bank Admitted to insurance 11-1-38; had withdrawn from insurance 7-1-34 Not directly offset: from insurance withdrawals 274 Operating noninsured 1-1-34; originally admitted to insurance 2-12-34, and withdrew from insurance 7-1-34 Not directly offset: from insurance withdrawals 257 1939 - not F.R.S. Wisconsin: Black Creek Bank of Black Creek 2522.- Mutual savings banks New York: New York East River Savings Bank Admitted to insurance 2-15-39 258 New York: New York (Brooklyn) The Greater New York Savings Bank Admitted to insurance 6-20-39 259 Pennsylvania: Philadelphia The Beneficial Savings Fund Society of Philadelphia Admitted to insurance 11-21-39 Pennsylvania: Philadelphia Western Savings Fund Society of Philadelphia Admitted to insurance 11-21-39 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis These four mutual savings banks had withdrawn from insurance 7-1-34; not directly offset: withdrawals from insurance 260 261 53 3' r( /93Y— I ' _ 3 )6(' /93 , 71Z4 3 / 3 4/ ‘ C.-&-4 \\(, L J (-1771 3V 6.; -11 3 .2,---44(:;4-4f/ - A- 3 4/ 7 A „I-J.410c 4.5" ) ••=•t':: Nric , 4e/'c,3 re' .2/ /9 , r 1• -47 44-14.0.ze_ - (714' / / • , .44? e ?-1Y500.,./t4T--**"--7171.-- /3 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7. )11,47/ 4( 7-Jl 33 tifL, , • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .. BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 • -- ADMISSIONS NOT DIRECTLY OFFSET BY TERMINATIONS Banks of deposit operating January 1, 1934, not previously insured Bank changes number Date admitted Name Class Locati,, -n • 7'• ;L.-- 67 rt, , 2 77' 1, 3 , , / / r`. • / - / -VH1AI 7!: it- I it r • , ) -ii, 7 -2/1 4••• ,1,7-",-- -.. rt",' PI , . 4 442 6,-y7/- -46- I , • / r,' 4 / — 3 , .-777i,, ,--T,.(...1, L fr,_ ,i:i: 6/, /3 •`-7 ‘i X: i t - it: 171.77fl. iq / ‘41IL f3 - A „ — ' ( /...) , , 42,11 2,) 0 .1 f j (9 r , / • 1: https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis t•-"" H d BANKS ADMITTED TO ANL' TERMINATING INSURANCE 1934-39 • ADMISSIONS NOT DIRECTLY OFFSET BY TERMINATIONS Successors to, or consolidations of, banks operating but not insured JanuE/7 1, 1934 Faissr Locati on Name Admitted Bank charv, number' j3anic succeeded and date „ ect, .( a 5— -/ < • ., • 5-{7 /A ' '4 ( , a , " , A A"11/ t / . z • ' , AAA-if 7 ; 1 : - e / A ( . r-- 7 a, , . ,, , '-o• ,j aki:::',,,,,,-.) (a-,. .t, --, -e4.. , ) r-----, •' /.2.4 i Aikr-'- / ,' ......i.., , _ /1( : : „:-_H„,., .--77.., 734-4/ /e„,—rti 7- 5/- 3 (C 1 • / f 47_ tle /2 -'•'" ••11; ' /- / -',,) ,i, ,z,,,A4 • , , c. i,, r `/- 3 V 7 L.) , / r3s C3' „' ,• (3)A-t-„,_ 47_ „ 4_,• ?dti ( 5 • 1(&•"4 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis War 1,34n 4;1_3 -3 r • )1k- /2-4- 3) • -t.) • 44, g 17/ 0L-0 Z?" af—oc-4 0 ' CT _. • • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ii -t 8-4 0.....„,, - - , '24, ; -7 rl-fle-- 0---/ t.,,L -4- .2,1J, --)k.,... ° op.. 0---1-Cj7tA22 Q...Q.,_4„..„.............. —p,..,.3,( risic, . 4... A,..i,c%...,..a....f 71.4e.7 t••-,.4 crA.),,,„......-..._.A.,..i q , • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis BANKS ADMITTED TO AND TEEMINATING INSURANCE 1934-39 ADMISSIONS NOT DIRECTLY OIFSET BY TERMINATIONS Finanical institutions operating January 1, 1934, but not engageu in deposit banking, or banks succeeding such institutions / • / , „ - • t.11, .1frt;;;; ,',7: 1-7,1 1.041•• c, -..-.141 / • • -' ) 1-4 ' rib 0.0. " • .) 00t BANKS ADMIT= TO AND TERMINATING INSURANCE 1934-39 ADMISSIONS NOT DIRECTLY OFFSET BY TERMINATIONS • Successors to, or reorgenizetions of, banks in conservetorship or operating under restrictions r • / •/ • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis el 2 - -/ BANKS ALMITT7E, 7) AND TERMINATING INSURANCE 1934-39 DIRECTLY ADMISSIONS NOT OFFSET BY TERMINATIONS Successors to, or reorganizations of, banks in receivership or in process of liquidations 7- --r • / P)4J,„ 1 , • - / • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ;- ./ .22 - BANKS ADMITTED TO AND TERMINATING IN,IJRANCE 1934_39 ADMISSIONS NOT DIRECTLY OFFSET BY TERMINATIONS 'tanks opened and admitted to insurance in the same calendar year Opened Name Location Admitted to insurance biampaor BaoxicxxxrximauarlaKE) Banks or branches replaced (X indicates that new bank provides additional office in center in thich located) • Bank change s number ,-t /72 C 2 . , / /) ) r, .‘•—9 -T-cti.4 /2 AI • , ,} c .,(.1 I A 3,)! I-' '3 5.- /e ,t , A--"4.4„ eii! • 4ad&C- /1,3 5- ••• ° , 2i 5 1 / ori NA') 15- 0 --(4 .74-71- e 3-t's - 4 ICI '` ci 7 7J6. - 7777';r--) 6 4.„.. • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - I 1, C , — k —1 A- /f3 t, BANKS ADMITTED TO AND TERMINATING INSURANCE ' ADMISSIONS NOT RIRECTLY OFFSET BY TERMINATIONS — Banks opened betteen January 1, 1934, and beginning of year of admission to insurance, or successors to such banks Location dame -7, Opened Admitted to insurance Bank or branch replaced (X indicates that net bank provides additional office in center in v hich located __11•1) 044- • •••, , / ; Bank changes number 7 t - I-- 3 .5- - 2. - soo- ,rI , , e`r • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ,4L.ar-r. /17 cp / T.— 53 / BAKE; ADNITTFD TO "'NTT TERMINATING INSURANCE 1934-39 ADMISEIWIL LIIL,CTLY OFFSET BY TERMINATIONS Successors.- to other insured tanks in same class TERMINATIONS DIR-CTLY OFFSET BY ADMISSIONS Succeeded Ly other banks in .sLxle class ,Name of terminating bank -444,s4 Location Name of successor bank Date t. A e •/ , /- 4ra ; j el4 , / 0104L/ ii • • ' 'I.,' 1 Or %I • -rT. .•r 4..11 : 1 ' ' • 4 ,/ 404 V ,a/ /la1 - 3 „, ;U./ J1114 ( re, e • • / https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FAA , •A ,,21 /5- , (C6iK.44-(' Ve? "i411444) 44-1) 1*-414-4.7` /1/07:-,A1 OZ:14/4et"'-1: .74 fr/ :7; 1 r • (4i4 1t Vfr.•-";/7' Jee 4) /4. / 1 ,----_,L,_,' ,,,.„._,:..s... ... .4, Bank changes number - 4 -9/ ( IL-67 -117.6"7:)7 r ) • —5 "1:-\-Te: 07-vvoi - /- wi_L-74-7t4 71-Pc7 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis §f • 2 .41") _..-•""7"'"0-441•V• _ • - •.-ke...2,4 7., -.7..!,-).1•7:_ . •-• 7-45/ 479eni C it,r5) r .rs • y/— • • V, ) v• -4, -44 --f• .1) -I • •r -r n y • ""1-74ev 2 , 4. Viva. 71n 2- 1* re"/ T7°""17 re-'-e-1-frrg PrEfAJ ( 77' reit - ' CU -4 •'r r- e .71) •-41 " e"" ,j, ----.--i„----, f -,) ( - ' . ' 7-t,f rk. ‘..) * .4 ---, 4 N N WI—Q 9 r c( 7r-1 4 :fry . 1st- 74--ectr:4" rvblirriej. .1_:f_V111( 17 19/ ‘ .44 I- -pry . frDV 'F e • i4 s diktj kg, - s ,) . 1.1„•-• BANKS ADMITTED TO AND TERMINATING INSURANCE, 1934-39 , ADMISSIONS DIRECTLY OFFSET BY TERMINATIONS Successors to other insured banks not in same class TERMINATIONS DIRECTLY OFFSET BY ADMISSIONS Succeeded la other insured banks not in same class --- -e 44 , —.> • •yol • .> • bi-444.4.Jatit-wbertrcer Location saa=mme , / •IC•f• rl / 4 4mto, ctc.tuo and claau / /41-xi /V 0' 4 - Bank Changes number 3v ,•-yt /7-77 77 /. ; t 1 4;i ,-- • 41 pZeit a_ a41 4„ /4)-1.2 - ..? ..7-/11- 3V1 ,/,1 /1/ -.26 - 3 12 'd /Cie" 4,,,,-41',Di‘At _•1,4 S'Af 4.f44 /-.2-1 -3 V A.. Aterme- 4.-47470,1-#ftz a,;.? ///a&od .//e r t.Y Al tJ 7,1-z tA S674rl s. • 4 (itl. v,„17-et..e".4-c.r.4- e,0 6',74-7 1.0/1. , . • 4ryt https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 40(„oto-4.-• on. AL.t-1 ireti 460-4 ' 44 iel-74 (c.,-,-A-Ltit „IA-% .eri 4,4 0,t-k,„u_a -7 -. , /f//Li / 6-/Lf r22.1 11-7" 4, 7 A /1/,,,,4/ if) ei ,s; •rt- / r t't-43--#17; A/ /a Cif /‘ / (;e4 _ " C 3 -4 3 710 -3 3y b — _. (r/......-_ _ ..."...71' f,-? '..,,, -.4 /, /.._--"ec c • IT' •••...2 • ...; • \ b.-T., ..- /./.. i..,-, 1.-__.›..__.......... • 7----.°\ ••(-- .-, ....-..._ , :.''' ,1"-,/,-4: (/,. 4-rd.:;::: • /7 -7,..„1„,..,.,,_.__, ::'-://,.. . , A ,ii...,,.._4;.//-7,,•;,..7? I....,,.../,,,'!.•,,,,, I,e-- /-,/.-------` •:-1)"-- / 4-'''-r—4 ,// ,111..?'„f vva Al /lit‘D"- /67-',--,,,i / /e,,-_,7_;(_:„,-. ,A,A''--/ ' 6 "I. _ .../4/71it'cA/ /_-•:-...c.,, le' 2ji..Aet - r) ; 7 ( oe: • .. 1,,,„,-Pi //v.,' ( : /**.e4 /41:41i‘ r 2/ // cri euvA f ad.t (?)/ r/ er.L7-; 7 r-7`^ / • ( ) r 0.4,14.. z t„. G• L-spl*le 7.4id4 c.":ck • 2:!A it, r 5 • / 4 I.{ I," 4 toe 47 • 14 , 3 "Js).- „ • 477.' • -^ .0 / -f •, / • • rc, ` 40.---% "/A: / `74 7:4 , r • (." riezt;-, P." , M36- r. / 140 (2'1- •-•- (7- ) (Q.., • (-.0-11 A 7 - 1. Lr; 4-0 jet./aLl , _ A4-0.004ALie 7z(, https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • , 'ff."-64-11446LJ , fr . ?id/m.4 iL • • ' At' ; • N 4 .1• • • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 • ADMISSIONS DIRECTLY OFFSET BY TERMINATIONS Readmissions of, or successors to, banks suspended or withdrawing from temporary insurance TERMINATIONS DIRECTLY OFFSET BY ADMISSIONS Susrended banks, or banks withdrawing_from insurance,readmitted or succeeded Location and name Termination date and status Admission date and status Bank changes number 1935- not F.R.S.l_iTemporary Fund' Oklahoma: Mountain Park Planters State Bank Suspended 4-10-35 Reorganized and reopened as an insured bank 4-23-35 1935_ - not F.R.S. (Temporary Fund for withdrawal: Permanent Fund for readmission) North Carolina: Lenoir Lenoir Industrial Bank Withdrew from Temporary Fund 9-23-35 Readmitted to Permanent Fund 10-1-35 The Commercial National Bank of Bradford suspended 9-28-35 Deposit insurance bank organized under subsections (1) (9-10) of the revised deposit insurance law The Wellsville Bank suspended 9-14-36 Bank of Wellsville opened same date without assumption of liabilities, but operated by same management as old bank, and taking over some assets of the bank 511 The First National Bank in Burlington suspended 10-20-37 Reopened with aid of FDIC loan 11-6-37, under title of National Bank of Burlington 532 Hartford Deposit Bank suspended 4-30-37 Reopened 5-17-37 533 1935 -- pot F.R.S. (Permanent. Fund)— • Pennsylvania: Bradford Deposit Insurance National Bank of Bradford 1936 - not F.R.S. Missouri: Wellsville Bank of Wellsville 1937 - national Iowa: Burlington National Bank of Burlington 1937 - not F.R.S. Kentucky: Hartford Hartford Deposit Bank https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis --(-1•4 1,01111..,, • -,( itt-rAzt,t1 N. 3 / • /r?? t t S • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis '"34 e 7 //4- 41 BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 • - ) ADMISSIONS. MIXEIX DIRECTLY OFFSET BY TERMINATIONS Banks withdrawing from Federal Reserve System and admitted to insurance as nonmembers TERMINATIONS DIRECTLY OFFSET BY ADMISSIONS Banks admitted to insurance as nonmembers upon withdrawal from federal Reserve System if3Y3 Bank changes number Date Name \ .41-71 (q 3 r 1411"4•44-4.1 go-1...s/i Tia4 , • • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis BANKS ADMITTED TD AND TERMINATING INSURANCE 1934-39 S - ADMISSIONS DIRCTLY OFFSET BY TERMINATIONS Insured banks admitted to Federal Reserve membership TERMINATIONS DIRECTLY OFFSET BY ADMISSIONS Insured banks admitted to Federal Reserve membershi Location Date Name ci P • • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • a BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 411 • • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis TERMINATIONS NOT DIRECTLY OFFSET BY ADMISSIONS Insurance terminated by FDIC - BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 TERMINATIONS NOT DIRECTLY OFFSET BY ADMISSIONS Withdrawals from insurance (excludingthose readmitted Itiar_Ing. same year) / ; 3 / C, L' p -/ // • _ ( a • .4 I, /'1 ) • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis / BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 TERMINATIONS NOT DIRECTLY OFFSET BY ADMISSIONS Banks succeeded by, or consolidated with, or to form noninsured banks Location and name Admission classification (If subsequenty admitted) Date and subsequent status Bank changes number national Arkansas: Gentry First National Bank Consolidated with Bratt State Bank, Siloam Springs, noninsured, to form Bratt-Wass4 Bank, Siloam Springs, noninsured, 6-28-34 Kansas: Tonganoxie First National Bank Converted to First State Bank, noninsured, 12-24-34 Not directly offset: banks previously insured or successors to such banks Minnesota: Gray Eagle National Bank of Gray Eagle Converted to State Bank of Gray Eagle, noninsured, 7-2-34 (Operating as noninsured bank, 12-31-39) Texas: Devine Adams National Bank Absorbed by Lytle State Bank, noninsured, 4-20-34 Texas: Goldwaite First National Bank Ab6Orbed by Trent National Bank, noninsured, 6-30-34 1934-commercial image not F.R.S. / Texas: Kirbyville Kirbyville State Bank andPeInles_State Bank Consolidated to form the Kirbyville State Bank of Kirbyville, noninsured, 2-16-35 Not directly offset: banks previchusly insured or successors to such banks 1935 - national (Temporary Fund) 140-4 e • _ C'ea , - 1 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Lig .Z.0.• •-• , tji. ' '41 /- Gt, rt ---9 v \ C••74./ t it9e r vr/ 71t-/4: - . s ...V A-3-(7 - A/-6 '9'42-4Y 'err/ PY -4:7""Pri d2=xC 177-91il ',-"r° /-7-0-17 -1•0•441-47/77' 3 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis u — Wr7, 7it trE bi 2E7.7 • yriy4 tg,-- 9 • rr F heirr' r2/ / 19-70 ..r104410 • 4- ( /2i . '71 4./ e ";-) eSbi 9c-,cr, • ri91 ?r•-"1 "21. I" 9d1„5,1 h.rv v`1.r - 2/1 , • • " 2 -) • BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 TERMINATIONS NOT DIRECTLY OFFSET BY ADMISSIONS Banks succeeded by,, or consolidated al.1- 42.2_211..k_Sszamninsured banks Location and name Date and subsequent status Admission classification (If subsequently admitted) Bank changes number 1934 - national Arkansas: Gentry First National Bank Consolidated with Bratt State Bank, Siloam Springs, noninsured, to form Bratt-Wassan Bank, Siloam Springs, noninsured, 6-28-34 Kansas: Tonganoxie First National Bank Converted to First State Bank, noninsured, 12-24-34 Not directly offset: banks previously insured or successors to such banks, 1935 T Minnesota: Gray Eagle National Bank of Gray Eagle Converted to State Bank of Gray Eagle, noninsured, 7-2-34 (Operating as noninsured bank, 12-31-39) Texas: Devine Adams National Bank Absorbed by Lytle State Bank, noninsured, 4-20-34 Texas: Goldwaite First National Bank Absorbed by Trent National Bank, noninsured, 6-30-34 222.4 - commercial not F.R.S. Succeeded by Exchange Bank, noninsured, 3-27-34 Not directly offset: banks previously insured or successors to such banks, 1934 Iowa: Aurelia The First National Bank of Aurelia Succeeded by First Trust and Savings Bank, noninsured, 4-22-35 Not directly offset: banks previously insured or successors to such banks, 1936 Minnesota: Kasson The National Bank of Dodge County at Kasson National Farmers Bank of Kasson Consolidated to form the Kasson State Bank, noninsured, 2-4-35 Not directly offset: banks previously insured or successors to such banks, 1935 P Succeeded by First State Bank of Randolph, noninsured, 6-29-35 Not directly offset: banks previously insured or successors to such banks, 1936 Succeeded by Roulette County Bank of Rolla, noninsured, 4-23-35 (Operating noninsured 12-31-39) vSouth Carolina: Estill Estell Exchange Depository 1935 - national (Temporary Fungi. °Nebraska: Randolph The First National Bank of Randolph North Dakota: Rolla The First National Bank of Rolla https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 2 • BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 (Continued) TERMINATIONS NOT DIRECTLY OFFSET BY ADMISSIONS Banks succeeded by, or consolidated with, or to form noninsured banks Date and subsequent status Location and name Admission classifications (If subsequently admitted) Bank changes number 1935 - commercial not F.R.S. (Temporary FunAl Texas: Kirbyville Kirbyville State Bank Peoples State Bank Consolidated to form the Kirbyville State Bank of Kirbyville, noninsured, 2-16-35 Not directly offset: banks previously insured or successors to such banks, 1935-P Technically placed in liquidation, but actually succeeded by De La Perriere Bank (private), noninsured, because of continuity of management, 4-20-36 (Operating as noninsured private bank 12-31-39) 403 Succeeded by The Bank of Salley (technically 437 -Statie-)aw-charter amended to obtain regular banking powers; tabulated as succession, since FDIC considers insurance status to be automatically terminated) 4-9-36 (Operating as noninsured bank 12-31-39) 404 Succeeded by Coleman County State Bank, Coleman (Technically voluntary liquidation of Valera bank 10-15-36, but tabulated as succession since new bank was organized by officers of the Valera bank with intention of absorbing that bank. New bank was disapproved for insurance 9-25-36 but nevertheless opened immediately) Not directly offset: banks previously insured or successors to such banks, 1937 405 Suspended 8-24-37. Succeeded 8-30-37 by Taylor County Bank, noninsured Not directly offset: banks previously insured or successors to such banks, 1938 433 1936 - commercial not F.R.S. - Georgia: Hoschten Bank of Hoschten Carolina: Salley , South Salley Gash Depository Texas: Valera First State Bank 1937 - national Kentucky: Campbellsville The Taylor National Bank of Campbellsville 1938 -commercial not F.R.S. • Georgia: Tallapoosa Citizens Bank of Tallapoosa Technically placed in liquidation 3-14-38, but classi- (Operating as noninsured bank 12-31-59) fied as succeeded by Commercial Bank (private) noninsured, opened 4-14-38, because of continuity of management 276 Nebraska: Madrid State Bank of Madrid Succeeded by Farmers State Bank, noninsured, 10-24-38 (Operating as noninsured bank 12-31-39) 277 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 TERMINATIONS NOT OFFSET EY ADMISSIONS (Banks suspended (excluding those _reopened or succeeded) Location NE..me Da-b. / e ,2 , =e-4. r /(/ 4,el • _ —2 , r---14441j /L.( • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Titi-wxacnaxdataxifxximpEnmoix=xsmciammiEg Bank changes number BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 • / TERMINATIONS NOT OH DIRECTLY OFFSET BY ADMISSIONS Merged with financial aid of FDIC - net reduction Location • • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Name Date Mbscirbing bank Bank changes number BANKS ADMITTED TO AND TERMINATING INSURANCE 1934-39 .1( AINATIONS NOT DIRECTLY OFFSET BY ADMISSIONS Bankskconsolidated with other insured banks - net reduction 40 Location xxdxmamax Absorbing bank/ and date Name Bank Changes number • :e (1 A. / 3 3- s' i ' l -.:—,I v.• , .. - y/t A I 4 ; 3, 3r 7 7-).-3%' 7/1 st-r.ek otit -7 /7 3.... e) 3( /93 I(447 _ A4,17r).c( e/m;,„: 5_7 — — 11.4 (93s it sI -e4c( 40:: 44-44 3 / I 3 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis fi.C/ ; — q 3) — .x / ( If 3 y BANKS ADMITTED TO AND TERMINATING INSURACE 113'1 fircr 1934-39 - TERMINATIONS NOT DIRECTLY OFFSET BY ADMISSIONS Other liquidations ?35 /game Locati on .5)e,a,%-zic;$ (9,K ... .......----- ---,--1 ,— /9 -3 - A-, -j - r0,4104. ...---- / 3/ /9-.))Ir/hffe4;/,. / Z-/,..... 4.4,-Zitrei( Bank changes number Date S ....— y:,,,64/ ,--• / 93 , , r; ‘ .z.6, ) , 12_ 7./..,„ /Z12,-i p ( 7 414 7, 3, id '6 / y‘ 3 ;-- • )--'..cr-A_ __„-- I 7i.„........, ,, '104‘k j935'- / .3,1•0, (0 I 1,„-, (fj3 /'i3 5 /3C- 7 v44-441 I (T 1 x -W 7 ff3'" if-A-- 3 e-C (g 3 5 , r;ZtAIO • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ( /N--( 1(./ p 3, fr, r0-1 • 4,• _ z. .5 1 - _ -41 i414. • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis — , - /4-441t1t/ ( )41.111-46(±/J ,/ — , — / r ../ 3 ,;,./4, _ _ — // -•.1,' ' ----- J — /3 — 2 - ..1 — ,/,,' , -/ -/ ).- - 6 7 n ,) 1 —its — ‘ IA. et ( 9111.-C ,itr • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 443n-i/ 1 41/ er — C ... 1-5-?7 s- 6 rt 7‘-• 3 - ilcc6 23.2 a 6 Ipr -/37 - 1177 7L/6 --/13 —/3 • • J. 1 https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - .( ! /' ' 1 •• 1. ; • . 3 1 C- /"; ; .0/ 12 7 „ .3" 7 - https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ) / /-1-)Y2 7 ...s--- (2--( <tpl, ov't ../ 3 " S 67 2. eerere.--Jczy.t,,e7 e , ,c,,,srerr& -HA 1 r .4 1411° 44.4 s•-•-el • -:•••••••. 1f3/ .35 T _ LI / L /1/ 19'357 -Art(VI ,• / i _ L..4.'4,„, Li_ 7- , L2.0,...40 . . .4 ,,..._ iz!,,,v4it04,6,7"6'airar Wrck /93 11,0vJ-0-1 /73.5- T 2i„. _ 1-? 5 K 1 93 $ ) • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis )933- p , /93f p /f3 .5- p-k,41,4,IA,4_ e /4 19,42 9t rJ' P af4; aeo4 • AWIL;SIONS TO AND TERMINATIONS OF IlLURANCE OF COLHOIAL BANKS DURING 1938 1/ Not offset by terminations Offset by terminations 22 1 22 1 160 n A. 1 A. .. 23 26 23 .0 OS 26 5 .. 5 Not of set by admission* Offset by admissions Total Total numbor of aIa14;3i3n.s Now banks Closed banks reopened Trust companies not engaged in deposit banking Operating banks admitted to insurance (including successors to noninsured banks) Successors to insured banks Banks withdrawing from Federal Reserve System 22. Total Total number of terminations Banks ceasine, operations--total Suspension* Insolvent banks absorbed or sucemodad with aid of loans by FDIC g/ Other mergers, absorptions, and consolidations Other liquidations Banks succeeded by othor bPsks Banks continuing operations—total Withdrawals from FRS Dismissed from insurance ,a Withdrawals from insurance OS 2.12 184 206 48 180 48 26 .. 23 22 1 72 36 27 72 36 2 .. .. 25 5 •• 5 1 •• 1 3 •• 2.1 No mutual savings banks were admitted to insurance during 193. Insurance of 8 mutual savings banks vas terminated, as follows: J. suspended, 5 wore absorbed, I was placed in voluntary liquidation, and I was dismissed from insurance. 2/ The Corporation made 24 loans to facilitate mergers. One bank to which a loan was made ia classified as a suspension and 1 as a successor to an insured bank. 2/ This bank suspended subsequent to dismissal from insurance. A/ Includes I trust company not engaged in deposit banking not thereafter counted among noninsured banks. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • ADMISSIONS TO AND TMMINATIONS OF INSURAJCL OF COMZERCIAL TAN7E DURING 1939 1/ Not offset by terminations Offset by terminations 27 27 .. 17 41 17 .. .. 41 5 .. 5 Not offset by admissions Offset by admissions Total Total number of admissions New banks .?./ ():rating banks admitted to insurance (including successors to noninsured banks) Successors to insured banks Banks withdrawing from Federal Reserve System Q. Total Total number of terminations Banks ceasing operations—total Susonsions Insolvent banks absorbed or succeeded with aid of loans by FDIC 2/ Other mergers, absorptions, and consolidations Other liquidations Banks succeeded by other banks Banks continuing operations—total Withdrawals from Federal Reserve System 213 167 4S2. 208 32 167 32 .. 23 20 3 90 25 38 90 25 .. .. .. 38 $0 5 5 1/ 4 mutual savings banks were admitted to insurance during 1939. Insursnee of 1 mutual savings bank was terminated, this bank being merged .Nith the aid of a loan from the Federal Deposit Insurance Corporation. 2/ Includaa 1 previously operatinz financial institution (a :11orria Plan company) which bccame z. bank of deposit during 1939, and was admitted to insurance. V The Corporation made 28 loans to facilitate mergers, classified aL follows: 20 commercial banks absorbed or succeeded—net reduction (indie3ted above) 1 mutual savings bank absorbed (see footnote 1) 3 banks classified as having been succeeded 4 banks which retained their corporate identity in con— nection with mergers with other banE, to which loans were also mad.. 1 of these 4 banks changed its title. https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . 11 /1-4 /Pi .3 v7La (7k_ 622-- ( -}(L'-r-L-L---\ ( • https://fraser.stlouisfed.org Federal Reserve Bank of St. Louis (' (6 35--