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Federal Reserve Bank of St. Louis


https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

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STANDARD FORM No. 14A

APPROVED BY THE PRESIDENT
MARCH 10, 1926

TELEGRAM

FEDERAL DEPOSIT
INSURANCE CORPORATION
WASHINGTON

CHARGE SALARIES AND EXPENSES
FEDERAL DEPOSIT INSURANCE CORPORATION

OFFICIAL BUSINESS-GOVERNMENT RATES


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Federal Reserve Bank of St. Louis

(The appropriation from which payable must be stated on above line)
to 8 GOV.:10016NT IM.NTIMI 01/71011

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SOUTH DAKOTA - Banks failed while guaranty
law was in effect
1916-1927
Data from Biennial Reports of Superintende
nt of Banks, or computed
Location

.

Name

1916 Oacoma

Citizens State Bank

1919 Pukwana

rukwana State Bank

1n20 Scotland

Bon Homme County Bank

Percentage
dividend paid
creditors 1/

,/- 2:5() t;-/ -(//
Amount
dividends
paid credittors 1/

:•• ;I- 2 ‘,1

,

• -J

Preferred
claims
paid 1/

cut

)4 1

•

'
f
:
,
11?

Bills payable Biennial
and redisReport - year
counts paid 1/ and Page

•

±:75

'••••••

L$H

Peoples State Bank

2 Lesterville,4 14.Lesterv1lle State Bank
•
V
Marvin
Marvin State Bank
•

'
fr

:2,7 c
.4E1921 Canova

•

..)Bowdle

1,4 ;

''Harrold ,,• ,)
, •,',
V
Manchester -VTripp ,:!'',!
Winfred

t!,-

•

'

$2/
c! •

Bank of Bowdle

I

z.; I

-

egri

70

Stockgrowers State Bank
Ma l'iState Bank of
i%
Tripp State Bank

f

•-?

•-•-•

/- 4// t2

0-1171

Li

^

:

'•

_ • 4-7•

tv 1 '71
eat_

, 7

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,

,
7 .44-44
7

q

State Bank of Winfred

.Bushnell /,

i•

•.

•

'

•
;
244
•
•

.,

Garden Cityi

,

Bonesteel
Roswell

State Bank of Roswell

Fort Pierre,

Stockgrowers Bank

Loyalton

Atti,•„, .14 a--13
• 1..te-ii-4

•

4.
4164,
,1

/4,4'4

?

•

•
5

rf

•
7

Farmers Savings Bank

•IBairfax
Preston'
ji

VVienna

Gregory County State Bank
Bank of Lake Preston
First State Bank
Farmers Home Bank

/Lily
,

'-•J•7 !
-I 211 2.7
;

:
/:-)3;
;;;
/
.

First State Bank

• Garretson

Minnehaha State Bank

VRapid City

Citizens Bank & Trust Co.

VVerdon

Farmers & M. State Bank

Ireever
-V Cottonwood
✓ Fruitdale

b

'

a..

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72 774 ,
61

C

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1

Farmers Security Bank

0'•;'.2r 0 '6

Cottonwood State Bank

t

I

Fruitdale State Bank

VBelle Fourche
• Bradley

.

.:•2

'7'444474;7
:'1
:c47ff
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s.
7
7

Bank of Herrick

"Wood

c?

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First State Bank

4Herrick

'Lake

q

Bonesteel State Bank

tAok.t
.

-I Tea

•

• Garden City State Bank

Belle Fourche State Bank

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q ,•,•

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Peoples State Bank

I

First State Bank

4••,-;

•

6-

J./cc.(c,

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First Trust & Savings Bank

"Roslyn

Security State Bank

vEthan

Ethan State Bank

Unityville

Farmers State Bank

Vebltn

Farmers State Bank

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SOUTH DAKOTA - Banks failed while guaranty law was in effect - continued - page 2
1916-1927
Data from Biennial Reports of Superintendent -of Banks, or computed
Name

Location

Amount dividends paid
/,
creditors

kmaexximi

Reliance Savings Bank

1923 Aeliance
s7 Hurley
v Andover

Percentage
dividend paid
creditors

r• 7

Bank of Hurley
,
,

(Edgemont

!'S

State Bank of Andover

Stockgrowers State Bank

V Dempster

Dempster State Bank

Lemmon

First State Bank

Draper

Live Stock Bank

V Philip

)
•

• ;; 1-1
•

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2

Todd County State Bank

v Parker

Citizens Bank

State Bank of Oelrichs

Revillo

First State Bank

1924 J Raymond

;

,

Oelrichs

I

/ /

'/7

Bennett County Bank

4 Huron

James Valley Bank

A

Ellis,-.

State Bank Of Ellis

"Sisseton

Guaranty State Bank

V Sioux FLI's
V,Lake Norden

Sioux Falls Trust & Savings
Bank
Security State Bank

1 Sioux Falls

International State Bank

Revillo

Western State Bank

V Watertown'

State Bank & Trust Company

si Redfield

Merchant's Bank

v.St. Lawrence

Farmers State Bank

v Presho

First State Bank

Ni Sioux 'Falls

Commercial & Savings Bank

.1 Humboldt,

Farmers Bank

v!Alexandriq

Farmers & Merchants State
Bank
Citizens State Bank

N/ Oldham )

Dakota State Bank

vFarmer

2

7.2q,

,

Lief /
797, 76,

,
7 •

State Bank of Cuthbert

"Fairburn'i

Ranchman's State Bank

V' Rapid City

Security Savings Bank

%awns'

I 39 (/
rl

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0 ti'?

(
.1

Bank of Brookings

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Parker

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Farmers State Bank
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Wessington Springs Farmers Savings Bank
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Security State Bank

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Strandburg

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1 "I

Bank of Revillo

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)/ Lowry

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Raymond State Bank

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' Deadwood

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First State Bank

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Bank of Edzemont

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and page

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https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

SOUTH DAKOTA

Banks failed while guaranty law was in effect - continued - page 3
1916-1927

Name

Location

Preferred
claims paid

Percentage
Amount dividividend paid dends paid
creditors
creditors

Bills payable Biennial Reand redisport - year
counts paid
and page

••;7,5.

1/
Fulton

1924

lpresho

Bank of Davis

'Isabel

Citizens State Bank

Lane

;

,

tr / 7 36 .

•'

< ;•

:' • tS
'

Commercial & Savings Bank

'' Herrick '

f.;,I -

2

Farmers State Bank

Kimball;

•

7
• /

-

;

First State Bank

'Chester

Farmers State Bank

JPeever

First State Bank

siBroadland

Broadland State Bank

Emery

-

•

Presho State Bank

"Davis

6

•

.2.

Farmers State Bank

Farmers Bank

v'Elkton,

•• •

•
2'; '2.- 4

First State Bank

7(11

r•

Bank of Dallas
vtarkston

American State Bank

Eden

Emery

`3`.1

)0

Eden State Bank

VWanka:
,

I

tt
,

Owanka State Bank
•

Emery state Bank

;• Iroquois'
'2 v
1 ,-!1f( Egan

Farmers & Merchants Bank
Security State Bank

uSalem

Commercial State Bank

YLetcher

Citizens Bank

INisland

Farmers State Bank

Fulton

I
!

5-8 C. I?
- 7'

First State Bank

(Highmore / •

Hyde County State Bank

VScotland

P6 13j/•2'?

Woonsocket State Bank

'

'-

3

Security State Bank

-/ Montrose

Security State Bank

V Mitchell

O.L. Branson & Company

0 5 '11.

*44"11

Trent State Bank

Marion

Marion State Bank

Hosmer

'Hosmer State Bank

/45&pringfi:eld

Colton State Bank

Kadoka

Farmers State Bank

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Bank of Springfield

Colton

V/Ha

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Bank of Hartford

, Trent

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State Bank of Humboldt

Farmer Security State Bank

'

•

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V Harrisburg

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- Bank of Buffalo County
'/Wessington Springs Wessington Springs State
Bank
Sioux Falls
Dakota Trust & Savings Bank

Hartford

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'Humboldt

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VGann Valley

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)

Kaylor State Bank

Artesian/

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State Bank of Scotland

v Woonsocket
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Federal Reserve Bank of St. Louis

SOUTH DAKOTA - Banks failed while guaranty law was in effect continued - page
1916-1927

4

a

Location

Name

1924 "
Hamill
;'-4-

Burke

American State Bank /-

Reliance

Farmers State Bank

Alpena

Alpena State Bank
Farmers Savings Bank

vBruce

Farmers State Bank

-/ Hammer ,

Farmers State Bank

Sorum

First State Bank

Lake Andes

County Seat State Bank
,

Boveel

.••••

State Bank of Turton

Interior

State Bank of Interior

V Newark

Citizens State Bank
1L

,
„
I
/1/L-27.-alt•-•

Dakota State Bank
jq

s Argonne
,

‘i Winner

Winner State Bank
Live Stock Exchange Bank

%/Canova
v
•. ,

Farmers & Merchants B qk

"
'18/1

1.!

Ardmore State Bank

;

7

1525
2te..
,/71"--—; '7
!; 49,Hartford,

Savings Bank of Hartford
Citizens State Bank

•2 /-1 -.?73

Citizens State Bank

,TAilare
Osceola ;

Guaranty State Bank

"Chance

Perkins County,Bank

IVilas

Vilas State Bank

Bison

Farmers State Bank
11 A

4 Chester
%/Agar

r

Chester State Bank

!

Citizens State 11,.nk
.First State Bank

Meadow

' Meadow State Bank

v Tyndall

Security Bank of Tyndall

./Mina

Farmers State Bank

VBrookings.

Midland State Bank

=-7 Centerville-,

../

Dakota State Bank

Timber Lake/

-;

;

Lf:

7/')
0

Wagner State Bank

VDante

Security State Bank

IFolome

31-Metallic Bank

4Northvi11e

Northville State Bank

''Big Stone City

Big Stone City State Bank
Albee State Bank
Atlas State Bank

,
i; "7.

39 3 ()

9.0

Bank of Centerville('

vWagner,


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Stockmans Bank

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1Ardmore Y)ii
'

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o

'Farmers Savings Bank

✓ Newell

Salem

o

Security State Bank

.

• Gann Valley.

.14

6,

r

First State Bank

/Roswell

,

Bills payable Biennial Report - year
and redisand page
counts paid

(

Bank of Bovee

Turton

VZe11

Preferred
claims paid

Hamill State Bank

/Tabor

V

Percentage
Amount dividividend paid dends paid
creditors
creditors

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-,•`:

7
•

'1•

•

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SOUTH DAKOTA - Banks failed while guaranty law was in effect - continued - page

5

1'916-1927

Location

)y.!....,46'1925

Name

Percentage
Amount divi- ,
dividend paid dends paid
creditors
creditors

0

Bills payable Biennial Report - year
and redisand page
couS ts paid

:

First State Bank

Sioux Falls

Preferred
claims paid

• •.

Farmers Savings Bank

'''SherMan

,St. Charles State Bank

•/St. Charles
,/Boonesteel

Citizens State Bank

VTroy

Farmers State Bank

r .••••
:

;
First State Bank

/La Bolt

Bank of Commerce

.

Milbank
VCarter

Carter State Bank

Y Lily

Bank of Lily
'

, vLemmonr

'

Lemon State Bank

Howard

Peoples State Bank

'Cuthbert/

' Cuthbert State Bank

;

41,•.;

-3

Wecota State Bank

Wecota

q

5 :".; •-?

4 De Smet:

,

r

1. •

, American State Bank

I pell Rapids

Granite City Bank

lAshtont

First State Bank

bn.L.11.5' 541 -•!

=
192.6

g=4,4;4:
7?-5.73 7t%

4 Athol

Athol State Bank
,
,6111'irst State Pank

'Lake City ,

.

'/Bradley

Farmers & Merchants State
Bank
State Bank of Bradley

vCrandall

Crandall State Bank

'/Crocker

Farmers State Bank

/Bijou

Bank of Bijou Hills
Farmers State Rank

Thunder Hawk
.1 Toronto //,
'
ICrandon

P

Farmers Exchange Bank

• •

State Bank of Crandon

,

White River
Murdo

,

'
e

White River State Bank

- -

Murdo State Bank
White State Bank

VI;Thite

Moody County Bank

\haandreau

Farmers State Bank

/

4Doland

State Bank Of Doland

Aallas

Farmers State Bank

Conde

-.•,4 ,*;

Farmers & Merchants Bank

'Henry

Henry State Bank

'
4 Conde,_.

• ,

Conde Bank

/Henry !;

,

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22q

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Citizens State Bank

.6"

Mellette

,

State Bank of Mellette!).1)

• ;-/s/. 7?
((!7

vBarnarcl

First State Bank

vRaymond;

Farmers & Citizens Bank

Ashton

Ashton State Bank

Lumbard State Bank

vPierpont

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Federal Reserve Bank of St. Louis

SOUTH DAKOTA - Banks failed while guaranty law was in effect continued - page
1916-1927

Location

Name

6

Preferred
claims paid

Percentage
Amount divi- ;dividend paid dends paid
creditors
creditors

•

Bills payable Biennial Report - year
and redisand page.
counts paid

1926
'McLaughlin
Avon 7 `'

McLaughlin State Bank
Bank of Avon

-

"Virgil

Virgil State Bank

'.Canton

Lincoln County Bank

Forestburg

Forestburg State Bank

Hillhead

Liberty State Bank

VGroton

Farmers State Bank

-/Lucas

Lucas State Bank

Estelline - -

Estelline State Bank

"Claire City!
Ni Wentworth

_

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,

1
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FV,

State Bank of Wentworth
State Savings Bank

. Blunt

101 -!20

Claire City Bank
.

Ortley•

;".

g(,,

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Security State Bank

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_
SOUTH DAKOTA - Banks failed while guaranty law was in effect - continued - pg. 3

1916-1927

Dept.
Case
No.

Location

Name

, .
,4144 --4r

Date of
closing (FR) 4
11 -

' 4r5A-0-1-71

1924
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./ Chester
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3-31-24'

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Broadland State B
,p,nk

First State Bank

4-5-24

Dallas

Bank of Dallas

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Owanka

Owanka State Bank

Emery

C 1/33? 4-16-24 V
Emery State Bank
1
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Farmers 8c Merchants Bank
4-21-24/

Salem

Commercial State Bank-3/g :)-'7`C 37 4-24-21V

522

Hyde County State Ban0i-21`21 7.2- 4-29-24 1/

Scotland

State Bank of Scotland

4-30-24

Woonsocket

Woonsocket State Bank33-2)-"W

5-1-24/

Kaylor

Kaylor State Bank
Security State Bank

5-3-24/

"Montrose

Security State Bank

5-3-24 1r

O.L. Branson & Compan

5-3-24/

Bank of Buffalo County

5-5-24-/

t'

e/
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Dakota Trust & Savings Bank

5-12-24'/

Humboldt

State Bank of Humboldt

5-13-24 1/

Hartford

Bank of Hartford

5-13-24/

6
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Marion State Bank

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34145/
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Hosmer State Bank

I

Bank of Springfield

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/ e‘3 5-15-24'

Colton State Bank

Kadoka

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/ 61

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SOUTH DAKOTA- Banks failedwhile guaranty law was in effect - continued - pg. 4
1916-1927

Dept.
Case
No.

Location

Name

Date of
closing (FR)

471

C,, CVI

. t/1.1i.t

cp.&

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1924
Hamill

5-21-2

Hamill State Bank

-2'71'71

41.3'/96i

-93 -2

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American State Bank

73
-2

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"
5.-26..24

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Alpena State Bank

5-31-24'

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Farmers Savings Bank.

Reliance

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Farmers State Bank

c- -14-24Y

./ Hammer

Farmers State Bank

6-14-24/

/ Lake Andes

First State Bank

Bank of Bovee

,/ Turton

State Bank of Turton

Interior
V

First State Bank

9-11-24 v

/ Roswell

Dakota State Bank

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•

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ICJ

Canova
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v Osceola
VI

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/ Vilas

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173-25

Citizens State Bank

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Guaranty State Bank

3-14-25 k/

Perkins County Bank

3-18-25 v,

Vilas State Bank

3-20-25 y

Chester State Bank

72.7)

12-30-24 v

Ardmore State Bank

Dakota State Bank

_

12-22-24/

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Salem

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t
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T

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7/1

/2'/i )'/

5-18-25

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5-27-25 /

Farmers State Bank

6-27-25

Midland State Bank
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9-25-25v

Security State Bank

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Bi-Metallic Bank

10-2-25 y

NortlyFid4.rle State Banit'6

10-10-25`'

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Federal Reserve Bank of St. Louis

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5. 779ci

Live Stock Exchange Bank

Bison

Chester

7".1

23

. -71/

12-6-24 V

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Hartford

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'

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5'7 6-30-24

8-20-24 v.

Argonne

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6-19-24 ky

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Federal Reserve Bank of St. Louis

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SOUTH DAKOTA - Banks failed while guaranty law was in effect - continued - pg. 5

1916-1927

_

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4

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Bank of Commerce

11-18-25/

/ Lily

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Lemmon State Bank

Howard

Peoples State Bank

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Ashton

•

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12-24-25 "-

First State Bank
/

12-26-25'r

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)

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1-13-26v

v Lake City

First State Bank

2 23 26 Y

V Hecla

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Farmers & Merchants State Bank

3-8-26 /

✓ Bradley

State B nk of Bradley'4

.' Crandall

Crandall State Bank

Bink of Bijou Hills

Thun er Hawk Farmers State Bank

3
77
7/
7 `/(/

3-22-26 V
3-24-26
-3-30-26 fr•

/ Crandon

4-2-26

,/ White River

White River State Bank

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White State Bank

Flandreau
Storla
Poland
VDallas

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(
- -0.k

/

Moody County Bank

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5-24-26

State Bank of Doland

6-9-26 v

Farmers State Bank

6-11-26 /

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2&,?)--,/,),c
-ii 6c26///

Conde

Conde Bank

6-19-26

45-7/

Henry

Citizens State Bank

6-19-26

State Bank of Mellette

6-21-26

Barnard

First State Bank

6-22-26

Raymond

Farmers & Citizens Bank

6-22-26"1
6-23-26 r' •

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https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

71.e. 4r- <

Lumbard State Bank
,

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73 Ja,
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00

3-16-26

State Bank of Crandon

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,O3

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Murdo State Bank

/'c'7i

3-16-26

/

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/ Murdo

3#2./

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/-/// 3E--

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'

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;2qc//
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American State Bank

7/6.

/(-

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Cuthbert State Bank

V Crocker

`/Y/

9:2

1;
A'H '

27,2 Xi/

12-4-25
l2_14_25

7.

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I

11-23-25 V
f

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closing (FR)

Name

Location

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Case
No.

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https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

- SOUTH DAKOTA - Banks failed while guaranty law was-in effeet - continued - pg. 6
1916-192 r

Dept.
Case
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Location

Name

Date of
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Federal Reserve Bank of St. Louis

Digitized216for FRASER
SUNDAY, AUGUST
https://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

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Federal Reserve Bank of St. Louis

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