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421.11-6 - Bank Suspensions Since Jan 1 1921
Nonmember State Banks Florida E-L
Committee on Branch Group & Chain Banking
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
111
Type of bank reported—check
appropriate one of the following
fl National bank
Name of State
1 State bank
El Trust company
LII Stock savings bank
111
Mutual savings bank
LI
Private bank
FLORIDA
State Bank of Eau Gallie
1. Name of bank_
2. Date organize
3. Federal reserve district
Town or City
Eau Gallie
County
ly 11, 192ropulation of town or city*
Date suspended Jua
6
None
Outside city of parent bank**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
556
Non
Member or nonmember of F R. System__
4. Number of branches operated: In city of parent bank__
•
Brevard
No
6. Condition figures, as of (date*)
7O/
Loans and discounts:
On real estate
Other
Total loans and discounts
poy pf4k 0?
$
Real estate acquired in satisfaction of debts
3. 74
ft. 30 e. oo
o
Investments
All other resources
e4
4
/-
o0
_3;3,$4e.
Total resources
0 o
0a.
Capital
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
93
7 0 74.
/o 3 0.96./9
.
fig Ne•
$
Total deposits
7.o44 273.i/o
Borrowings from F. R. bank
ffi/ fir
Borrowings from other banks
59
All other liabilities
0
/1. 36T, 0
374..56
Total liabilities
7. Has this bank been reopened?
-1 1-0
.
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
.
8. Has this bank been taken over by another bank?
-7, O
--t
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
mounts in dollars)
Claims allowed
Dividends paid from
collections
b. oi J.7 7
/ 0141
Preferred claims...
71.1 01.14
General claims
I,C4. OV.6
Total claims
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
lulu_
?-14ii-e11-6,-At_z
Sectu-ed claims
10. Has this bank been finally liquidated?
7/
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims
Preferred claims...
General claims. .
Total claims
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
ep
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
\\N
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1,1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
r;
11] National bank
Name of State
IX] State bank
O Trust company
[1 Stock savings bank
O
Mutual savings bank
Florida
O Private bank
1. Name of bank_Ril_enton
2. Date organized
State Bank
3.0454
3. Federal reserve district
Six
Date suspended
Town or City
7-17-29
Ellenton
Population of town or city*
Member or nonmember of F R. System
4. Number of branches operated: In city of parent bank_
None
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County Manatee
72
8
non
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
•
Fits:9o
Real estate acquired in satisfaction of debts
Investments
/:2 /l-,37
7
All other resources
Total resources
71
3 ,
Capital
Ac 00, Q0
0
Surplus and undivided profits
/cc 1
.(
4)
4f
Deposits:
44.57
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
g,
34 r3
7
,33
$
Total deposits
VS
:742'. 40
Borrowings from F. R. bank
747 9/4 3
.
Borrowings from other banks
All other liabilities
73ø0
Total liabilities
7. Has this bank been reopened?
Date of reopening
If so give:
/77'
Name under which reopened
Loss to depositors on:
Secured claims..
Amount of loss
.-f1tte..4) • id-elil—e-riE.4.4—/LtdeCAPer—
,
•
Per cent of loss
to claims
.4tedj-
Preferred claims.
General claims..
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
'244
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims
Preferred claims...
General claims
Total claims. .. .
4110
10. Has this bank been finally liquidated?
14,40
If so give:
Date liquidation was completed
.
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims. . ..
Preferred claims
General claims. .
Total claims. .
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)..
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O
National bank
IA
State bank
Name of State
O Trust company
O Stock savings bank
El
Mutual savings bank
LI
Private bank
FLORIDA.
•
Ellenton State Bank
Name of bank__
2. Date organized'/3.
3. Federal reserve district
suspended
6
Town or City Ellenton
June 5, 1928
Population of town or city*
Member or nonmember of F. R System._.
4. Number of branches operated: In city of parent bank_
•
None
Outside city of parent bank**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County Mante1.
728
Non
6. Condition figures, as of (date*
Loans and discounts:
On real estate
Other
$
Total loans and discounts
6li. 9
'
6‘
Real estate acquired in satisfaction of debts
D.e, D
00
Investments
All other resources
9 1- 5-4
/ 'A
MI. 505.,01
1
Total resources
/ ..7:00d.00
Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including If. S. Govt. deposits
9'.00 9'
.
Time deposits, including postal savings
$ ccS•
Total deposits
f. I
Borrowings from F. R. bank
4cro.
Borrowings from other banks
oo •
All other liabilities
. 0 .
-1/- _1 3 SAL
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopene
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims..
Preferred claims.
11.4. .
,
..
General claims.
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
714
If so give:
Name of bank by which taken over
Date taken over
Per cent of loss
to claims
Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims.
General claims.
Total claims. . .
110
10. Has this bank been finally liquidated?
11.40
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims. . ..
Preferred claims.
General claims. ..
Total claims. . ..
Dividends paid from
collections
, Payments from
guaranty fund
.
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
'We
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
[11
'so
National bank
Name of State
State bank
0 Trust company
LI Stock savings bank
0 Mutual savings bank
FLORIDA.
0 Private bank
•
Englewo
1. Name of bank__ od State
,
Date suspended Jime 4 193°Population of town or city*
2. Date organize
3. Federal reserve district
Englewood.
Town or CityCounty Sarasota
6
4. Number of branches operated: In city of parent bank
Member or nonmember of F R. System_
None
None
•
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
No
111
Non
6. Condition figures, as of (date*
Loans and discounts:
On real estate
Other
$
Total loans and discounts
iffsV cc!
Real estate acquired in satisfaction of debts
Investments
/9, 0,0.00
o.s q0.04
All other resources
1
,9- 07ç4
Total resources
9[
/57000.00
Capital
,Y68.3?
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
,
7. 3D 64
3. 7 0.71-
7'
$
Total deposits
3-.5O6.6
11
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
370 9cf
-
/f.
1
Total liabilities
7. Has this bank been reopened? ')/44
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank? —2-1-n
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
Amounts in dollars)
Claims allowed
Secured claims. .. .
Preferred claims...
Dividends paid from
collections
Payments from
guaranty fund
Total payments
3,o0.00
d
0
,
'
LL lot
Per cent of payments
to claims allowed
Maw-
General claims. . . /o.lpiv,3/2
0
Total claims. ... Pf•ViOio 0
0
• Has this bank been finally liquidated?
10.
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
secured claims. .
Preferred claims.
General claims. . . .
Total claims. . ..
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
/o
le--(A-e—e:-.W
Arif 3-0
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
El National bank
Name of State
[2 State bank
Li Trust company
Ei Stock savings bank
[1] Mutual savings bank
LI Private bank
•
1. Name of bank__Qitizens
Town or City Eustis
an
County
Lake
i3 -7
2. Date organized
4-17--/ 2.-
3. Federal reserve district
Date suspended 7-16-26
SIX
Population of town or city*
Member or nonmember of F. R System 7 1A/
/
4
4. Number of branches operated: In city of parent bank
•
Outside city of parent bank**
,
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
2435
6. Condition figures, as of (date*)
4
/
Loans and discounts:
On real estate
Other
401-49
$
Total loans and discounts
Real estate acquired in satisfaction of debts
I 080.00
470
05-.
7
Investments
All other resources
41.7
J8
Total resources
5 00.0)0
Capital
/
Surplus and updivided profits
'4)
q.
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Akti.71.r 0 7
S • ik0 • 9
7
4
(
Time deposits, including postal savings
$
Total deposits
0 11 .,90
.6 3
Borrowings from F. R. bank
Borrowings from other banks
,i/tryte/
All other liabilities
10 i
k/.6 6 /.7
)
Total liabilities
7. Has this bank been reopened?
Date of reopening
Name under which reopened
If so give:
v5 qvL
Eta-vt.44./
c
r .tors
Loss tof os ) on:
. ,,,,.<14(4 vt_t_df CLAA(4
,
0
Sec
. 4)#i
Pr
. Amount of loss
-Widirti_
Per cent of loss
to claims
114m,/
ed claims... .....
eral aims2?
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims
Preferred claims.
General claims
Total claims.
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
,
Secured claims
Preferred claims
General claims. . ..
Total claims
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
/0.0
If so, give dates and amounts of all assessments
a4,4i€44-24,t4444-.1.1ALLLei
2‘--
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
[j] National bank
Name of State
41 State bank
Trust company
LI Stock savings bank
Lii Mutual savings bank
FLORIDA
El Private bank
•
1. Name of bank___tate Bank of Fellsmere
2. Date organize
3. Federal reserve district
3 Date suspended Larch
6
Fellsmere
Town or City
(1922)
16, 192
'
--r
Iopulation of town or city*
Member or nonmember of F. R. System__
None
4. Number of branches operated: In city of parent bank__
•
Outside city of parent bank**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County Indian Rile'.
333
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
Real estate acquired in satisfaction of debts
V7'/7
Investments
/.0 311.ofI
)
All other resources
7Z i/0.19
Total resources
) 1 00- 00
1
S; 2
Capital
Surplus and undivided profits
I
/80.0C9
1
Deposits:
Ylicog
Due to banks**
Demand deposits, including U. S. Govt. deposits
S:0 459.
1
It
,5o. der
Time deposits, including postal savings
$ /60Z
Total deposits
Borrowings from F. R. bank
rev o. oo
Borrowings from other banks
All other liabilities
*21Ad
l
/1i2
Total liabilities
7. Has this bank been reopened?
3/1:0
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
7t2
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims.
s
Preferred claims. ..
General claims. . ..
Total claims. .. .
10.
• Has this bank been finallr liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Secured claims
Preferred claims.. .
General claims
Total claims. . ..
10
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
`'i/Z-e)
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
2 bank suspended? *///4 A.,-e-,f7 14.- If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
0(
Type of bank reported—check
appropriate one of the following
LI National bank
zi State bank
Name of State
[I] Trust company
DI Stock savings bank
Mutual savings bank
Florida
[] Private bank
•
Town or CityFt.Lauderdal County Broward
1. Name of bank City Bank
2. Date organized
1— VS Date suspended
--
3. Federal reserve district
7 -26
-3
Six
Population of town or city*
Member or nonmember of F. R System
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
•
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
` 1-?
---
13,187
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$ ,WS73,1 ag
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
411.444.-e.
I3
/
000.0
61_7‘e.3
All other resources
9gleo
Total resources
-4?2000 00
.
Capital
/. /0
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Ø1 .yti/S.3/
,
$
Total deposits
411.45L-4--a—q,
Borrowings from F. R. bank
Borrowings from other banks
_7040O
-
on
•
7Z.v5
4
All other liabilities
9. 6rffilo
Total liabilities
7. Has this bank been reopened? * 1,1,€)
4f2As a
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
8. Has this bank been taken over by another bank?
-7- "
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
0
vI 000
Preferred claims...
• e6
1/ • /
General claims
.•J/ II". g 4
Total claims. . .
Secured claims. ...
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
J_t ‘7, 1 6
2../ 0 ii- . 0 0
J4,36
i 0 a 70
*7.611.14
Sails. qv
.
2o Lie
)-1.1.
1
/D.086
•10. Has this bank been finally liquidated?
Date liquidation was completed
-2*-;[)
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims. .. .
Total claims. . . .
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
•.40 es
If so, give dates and amounts of all assessments
7,
/". ,
)C.
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
1
National bank
ND/
Name of State
111 State bank
A
Trust company
LI Stock savings bank
El
FLORIDA
Mutual savings bank
[11 Private bank
•
Fort Lauderdale Bank & Trust C%wn or City
I
rt. LauderdaleCounty
1. Name of bank_
Broward
Feb 16, 1928
,
ate
_aid) suspended
Population of town or city* 13,187
2. Date organized J14.5/,
6
3. Federal reserve district
Member or nonmember of F R. System
4. Number of branches operated: In city of parent bank_
•
Outside city of parent bank**
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
u
.
Al 0 N
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
.
$ i• 9g3.1 /fril
Total loans and discounts
Real estate acquired in satisfaction of debts
3
Investments
40g.G6d, 1 1
/
All other resources
J. q0. Y-y6
Total resources
Capital
Y.50. 000.00
'
Surplus and undivided profits
/
77
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
1.
700.773.73
2.. 64
Time deposits, including postal savings
k/zro
Total deposits
11/0N4
Borrowings from F. R. bank
0
SD0. D
Borrowings from other banks
‘6S. 01-7.
All other liabilities
Total liabilities
7. Has this bank been reopened?
AI0
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
8. Has this bank been taken over by another bank? A1 0
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
ed claims..
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
)14.,yviz
/57./13,2-6
0
Ztyt_e_./
Sok? V
Secured claims.
Pre
,......,
Dividends paid from
collections
0
I. I5'.71.3. /
Total claims.
471.3/0. lAr
e
1.31/0.166 to
General claims.
--9'1. 3/0. i/- 3
10.
9
If so give:
•10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims. .. .
Total claims. . .
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contribUting
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent(Name)
Failure of large debtor (Name)
x
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
ill
Zr/
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
;-9 ike
e
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O National bank
• State bank
O Trust company
O Stock savings bank
O Mutual savings bank
O Private bank
•
1. Name of bank
2. Date organized
First State Bank
20-
3-
3. Federal reserve district
01
Date suspended
Town or City
7-17-29
Six
4. Number of branches operated: In city of parent bank
Population of town or city*
None
no-a- a1
,
5. Was this bank a member of a chain or group? If so give the name of the chain or group
Citizens Bank & Trust Company group.
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County
Polk
2480
Member or nonmember of F. R. System___nOn _
Outside city of parent bank**
•
Fort Meade
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$ 4L3
Total loans and discounts
753
q
25..9 f
Real estate acquired in satisfaction of debts
/
Investments
75o. o 0
7.35.3. /
027.0
All other resources
Total resources
/
4
7137 0 oo. 0 0
Capital
0. t9 0 0.00
Surplus and undivided profits
Deposits:
$
Due to banks**
q.47/•"/ -4
Time deposits, including postal savings
0
Total deposits
Borrowings from F. R. bank
6,0, 7
.47.35
$ i/ ,„3 1/-.1
-
/ g• 7v1/
Demand deposits, including U. S. Govt. deposits
0 rvtrz/
1,
,
'
/ /i/. 16V / g•
Borrowings from other banks
All other liabilities
i
sCl - .ci7. 0il-
Total liabilities
7. Has this bank been reopened?
Date of reopening
If so give:
aivuz da,
Name under which reopened
-4-4 4 1-- /
Loss to depositors on:
Secured claims
Amount of loss
Per cent of loss
to claims
$ GO-elks
Preferred claims..
0-1 4
General claims 4 •--eTotal
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
0-1k
4
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims.
Preferred claims...
General claims
General
Total claims. .. .
10.
If so give:
Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
:
Secured claims
..
Preferred claims.
General claims. ..
Total claims
Dividends paid from
collections
Payments from
guaranty fund
.
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent(Name
gqw
a/vvikoi
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
7Lt)
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
.0
4)
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1,1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
trt,
- kJ-
0 National bank
Name of State
O State bank
[X
Trust company
LI Stock savings bank
O
Mutual savings bank
Florida
O Private bank
1. Name of bank
Ft.Pierce Bank & Trust C Crown or City Ft.Pierce
2. Date organized 5 /
-:-
3. Federal reserve district
I
Six
Date suspended
8-20-27
Population of town or city*
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank_
None
Outside city of parent bank**
•
l'1.41‘
,
21
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County
St.Lucie
3319
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
/.5
7
-C S-1 • 70
Real estate acquired in satisfaction of debts
;.
(
Investments
14 3. itoo o 0
7/
O.
7pk- So 7-97
f6
All other resources
Total resources
7 9 000.o0
4 -0.
Capital
146. 1
Surplus and undivided profits
7 . 47
Deposits:
efi.
s
Due to banks**
Demand deposits, including U. S. Govt. deposits
1.444.
f1g/7
7/f1i.7p
Time deposits, including postal savings
$ 1.99,4.
Total deposits
Borrowings from F. R. bank
574.444,4_6
Borrowings from other banks
f
All other liabilities
rf_44a1 /p
4
4
Total liabilities
If so give:
7. Has this bank been reopened?
Date of reopening
ca.o.
)7eZ,L.e4../ 7. 6 /fie
.
,
/
Name under which reopene
•
Loss to depositors on:
ff
Secur clai s
.
A
IIP401..
Amount of loss
Per cent of loss
to claims
444-tteta
-4-141itt,
ktn-Liz/
Prefe?c
Generaljgdm
4rultro
TotgA-411:.-ek.
..-Go-e&Mffy7
ttitee:6
* Condition items should be as of date ofi suspension, if possible, others se as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
—74
-Q
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. ..
Preferred claims...
General claims
Total claims.. ..
•10. Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
.
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims
Preferred claims
General claims. ..
Total claims
•
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
/00%
If so, give dates and amounts of all assessments
G•41,4--e..4.44/1/2.144/i- •-&//‘-tie,d
2 0, / q2
-
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
48
Type of bank reported—check
appropriate one of the following
LI National bank
Name of State
Mi State bank
LI Trust company
El Stock savings bank
LI Mutual savings bank
LI Private bank
Flor.ida
•
1. Name of bankrd—ttiZenSJAank_e
2. Date organized
1
3. Federal reserve district
- ieo Date suspended 7-17-29
Six
Frostproof County Polk
Population of town or city* 1035
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
•
Town or City
None
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
-_•
•
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
non
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
Real estate acquired in satisfaction of debts
().6
Investments
All other resources
/ I.
7,31. 74
.54 0, 0.3-/
49, 3'7ar.-J--?
8/
c-391 '
Total resources
3-4.coo,o,00
Capital
Surplus and undivided profits
Deposits:
$
Due to banks**
j‘,'t7.e
,
7//-
Demand deposits, including U. S. Govt. deposits
11).679 .i4r
Time deposits, including postal savings
$
Total deposits
yy.5,/9:3. 0o
Borrowings from F. R. bank
7 O, 1g p.
Borrowings from other banks
/coao• Co
c
All other liabilities
298, 7-,f 51
Total liabilities
7. Has this bank been reopened?
If so give:
/f;9
Date of reopening
Name under which reopened
Loss to depositors on:
z0 yo
Amou
of loss
Per cent of loss
to claims
Secured claims frytjA,tyA
Prefe ed cl
s......
General laims.e.
.
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
'2,4-.0
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
•
Secured
claims
Preferred claims.
General claims
Total claims. ...
- 7 1=
10. Has this bank been finally liquidated?'1 2
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
.
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
,
Secured claims.
Preferred claims
General claims
Total claims. .. .
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name).
.4 4-41eaw‘e
49
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
7'tO
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
/6 o
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
71_
LI National bank
Name of State
O State bank
Trust company
O Stock savings bank
FLORIDA.
• Mutual savings bank
• Private bank
•
1. Name of bank Florida Bank 6 Trust Co
2. Date organized
3. Federal reserve district
/
V Date suspended
6
Town or City Gainesville
Oct 8, 1923
Population of town or city*
714-n1
None
Outside city of parent bank**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
8,466
Member or nonmember of F. R. System_
4. Number of branches operated: In city of parent bank_
•
County Alachua
NO
6. Condition figures, as of (date*)
IL-a- f-
a')/J
Loans and discounts:
On real estate
Other
Total loans and discounts
$
01
1
7 I. J
Real estate acquired in satisfaction of debts
Investments
3/ /.0 10.50
All other resources
1-/ 7
.0
7i/
,c2.1Ko,5"..7ii
Total resources
VJO. 000.00
Capital
If 0. /56.
Surplus and undivided profits
q?
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
M.SS6.7er
oq. 09274
666. y'.3
Total deposits
$
I.
Borrowings from F. R. bank
/)/
Borrowings from other banks
All other liabilities
I.
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
7•
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation? /A
If so give payments to date:
Amounts in dollars)
Claims allowed
Dividends paid from
collections
Pa
nts from
guaran
und
Total payments
Per cent of payments
to claims allowed
/M: / 6 . /
4 31 -
Preferred claims.
General claims
Total claims
ig54/6. 1 /
/00 el o
i
g3. Jig 3.i/0
cf44..3A _73
11 ..3.24-L.1t7
,
Secured claims..
g3.03.4-0
(p 7S 035.72'
qs/-3. gits:#6
1 0 o%
10.
• Has this bank been finally liquidated?
Date liquidation was completed
7 D 7o
74. 6
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims
Total claims
.
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
fe
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
Li
National bank
O()
Name of State
ffj State bank
LI Trust company
[1] Stock savings bank
LI Mutual savings bank
LI Private bank
Florida
•
1. Name of bank Phifer State Bank
2. Date organized 4
3. Federal reserve district
13 Date suspended
Six
Town or City
7-24Q29
Gainesville county Alachua
Population of town or city*
Member or nonmember of F R System_
4. Number of branches operated: In city of parent bank None
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
8466
non
6. Condition figures, as of (date*)
f
'9;
Loans and discounts:
On real estate
Other
$_,-77 YW:73
Total loans and discounts
,,"o.$S'2-.54
15P2o00. 00
Real estate acquired in satisfaction of debts
O.
6 \y-sh
5
Investments
2'aScf4tf747
gA/J5 75
All other resources
Total resources
Capital
Se Oa d.0a
Surplus and undivided profits
7ts ;4di
e
Deposits:
ft'.
$•
Due to banks**
44
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
0 74 e
,49 4
7
7A
1
.
$ /0/C.g9/. gr
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
/7/.O
All other liabilities
/97
Total liabilities
7. Has this bank been reopene
00
.
ler
If so give:
Date of reopening
-
/eki
Name under which reopened
Loss to depositors on:
Secured cid
Amount of loss
,/tt
,
sm(A)1244:4/ 4
e.et4
,
P eferred cid
en al cla
•
ei-4
4
Per cent of loss
to claims
$
-direte
2,4444-0.
.%,571/Litg
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
8. Has this bank been taken over by another bank? ‘
7440
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims.. .
General claims
Total claims. ...
10. Has this bank been finally liquidated?
4- 41)
2
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O
National bank
g
1110
State bank
Name of State
O Trust company
O Stock savings bank
El
Mutual savings bank
FLORIDA
O Private bank
•
1. Name of bank
Bank of Groveland
2. Date organize
3. Federal reserve district
Lake
499
6
Non
Member or nonmember of F. R System__
None
Outside city of parent bank**
one
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County
ate suspended Oct 30, 1928population of town or city*
4. Number of branches operated: In city of parent bank
•
Town or City Groveland
6. Condition figures, as of (date*)
&ee: ,10
/
/ Y,
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
074
Investments
\*
All other resources
5
-0
3yy.5
47
53' 677.6 /
.
ilL4 311.141
,
1
Total resources
/3T000.o 0
Capital
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
$
f‘513.
Borrowings from F. R. bank
pe. O O. e o
Borrowings from other banks
All other liabilities
/ of
65. eig
Total liabilities
7. Has this bank been reopened?
14?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
mounts in dollars)
Claims allowed
Dividends paid from
collections
Preferred claims..
General claims. ..
Total claims
Total payments
o0
(2.67
11:s
if:i.6- 67
7.
61-5:q.qv 14 1 g0.3
-7g. 3i/v..Cy_ J I. ist 0 v--
•10. Has this bank been finally liquidated? -74
- --e
Per cent of payments
to claims allowed
46 jG
/ 00
Yfrt).
..57 24).0 0
,
Secured claims..
Payments from
guaranty fund
3q. 3
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims
Preferred claims
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)..
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
ID
14?
,
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
/9 /
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O National bank
Name of State
[] State bank
El Trust company
• Stock savings bank
EI
LI
Florida
Mutual savings bank
Private bank
•
•
1. Nameofbank
Bank of r,rovelnnA
Town or City
C'Troveland
county Lake
3- 7
2. Date organizecl/
1/"/
-
3. Federal reserve district
S IX
Date suspended
7-6-26
Population of town or city*
499
Member or nonmember of F. R. System_ 9 71-4 Z12
4. Number of branches operated: In city of parent bank____X4hn-eY
Outside city of parent bank**
•
2
/
1
4hAZ/
•
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
/ljt•&1'L,ftt,t1
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
277 14196 4 o
T
F
1/,7 0,6 470
-
Real estate acquired in satisfaction of debts
Investments
9/.6 3 1. 4-6
7.
3
O
All other resources
ssq.g71.
Total resources
000. 00
Capital
/ 0.
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
I 7fY0•
.YL
Time deposits, including postal savings
$
Total deposits
•Borrowings from F. R. bank
iq .4)
Borrowings from other banks
a• 0 0
Z11-14,c/
All other liabilities
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Secured claims.
Amount of loss
G..5 , .frs--41-Ze04-6.
Per cent of loss
to claims
,1
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims. ..
General claims
Total claims.. .
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to 'claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name) .
.
.6K.
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
rf26.
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O
5:7
National bank
Name of State
O State bank
[S Trust company
O Stock savings bank
0 Mutual savings bank
Florida
O Private bank
•
1. Name of bank Commercial Bank & Trust rh"--,0wn or cityHaines City County Polk
2. Date organized
7
S— 3
--
3. Federal reserve district
Date suspended
5-18-29
Six
4. Number of branches operated: In city of parent bank
•
Population of town or city*
Member or nonmember of F. R System
None
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
2026
7/
/
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
74/17 7.1--
Real estate acquired in satisfaction of debts
Investments
/7#. 70o. e 0
All other resources
30 - 143.7/
NJ: 4
.
Total resources
0._e_e0- 6 0
Capital
Surplus and undivided profits
00 -
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
7- 9. 7- I
7g67- ef//
///.1/
$ /4-
Total deposits
Borrowings from F. R. bank
43.fad.o o •
Borrowings from other banks
0a
All other liabilities
ft.r4
5494
1
.
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
mounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
;
Secured claims. .. .
Preferred claims...
General claims... .
Total claims
110
0
'J'47
a
.I-4
t
i./. l•52 .37
--
6
,
0
4
10. Has this bank been finally liquidated?
l'"
) If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims
Total claims.
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)...
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
ril
209
National bank
Name of State
NI State bank
Trust company
[I] Stock savings bank
Mutual savings bank
Florida
111 Private bank
•
1. Name of ban
2. Date organized
•
Town or City Haines City
-
Date suspended
1-21-13
3. Federal reserve district
:
Population of town or city*
7-9-30
6
4. Number of branches operated: In city of parent bank
Member or nonmember of F. R System
none
Outside city of parent bank**
none
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County Polk
no
3037
non
ci
6. Condition figures, as of (date*)
c
Loans and discounts:
On real estate
Other
g
8 74'
Total loans and discounts
/
7
(
Real estate acquired in satisfaction of debts
Investments
7/51. 17 Yô. 0
All other resources
..5V./2//.
6
Total resources
.000.00
Capital
11. 39 7.
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
0/0. 1-1,'1'.
S1
7
14 ° • VC.
$ Li-
Total deposits
0.0L3
Borrowings from F. R. bank
S0.SO 0.00
Borrowings from other banks
7 o 3.0 /
All other liabilities
(.
L60.6 3.114-
Total liabilities
If so give:
7. Has this bank been reopened?
Date of reopening
ki--
Name under which reopene
Amount of loss
Loss to depositors on:
Secured claims
07P.
.
Preferred claims. ./t4..
General claims
Per cent of loss
to claims
.
,
c>
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims..
General claims. ...
Total claims. .
10.
Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims.
Preferred claims.
General claims. . .
Total claims
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
4111
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
/aa 7o
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
114
Type of bank reported—check
appropriate one of the following
El National bank
Name of State
EX State bank
111 Trust company
LI Stock savings bank
[11
FLORIDA
Mutual savings bank
ri Private bank
•
1. Name of bank
Dank of Hastings
2. Date organize
3. Federal reserve district
Town or City Hastings
,
5
CDate suspended Air 2 1928 Population of town or city*
6
Outside city of parent bank**
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
772
____on
Member or nonmember of F. R. SystemN
4. Number of branches operated: In city of parent bank
•
County St. Johns
NO
6. Condition figures, as of (date*)
,
/2 1 /q1/8/
Loans and discounts:
On real estate
Other
Total loans and discounts
7q. 2-73 0
.
$
J(00 at
Real estate acquired in satisfaction of debts
vv3. /60 0o
a.6
Investments
0fi
Vt. /
All other resources
/
7/3. 21
3 . 2/4. 3
Total resources
/,‘ 1.20 0. 00
Ic
Capital
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including Ti. S. Govt. deposits
Time deposits, including postal savings
I
Fik30
/0
g.ifi‘30
17.21
$
Total deposits
VPD.I i4J1
4
/
4
)1ittvLAY
Borrowings from F. R. bank
a 00
Borrowings from other banks
All other liabilities
%Mt./
/3
t
Total liabilities
7. I-las this bank been reopened?
a. 0°
,
244.3
.
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
mounts in dollars)
Dividends paid from
collections
Claims allowed
Secured claims.. .
e
i64
4.t
;
D-: _i_
7
6
e
14-
30:13Y,10
10. Has this bank been finally liquidated?
Per cent of payments
to claims allowed
SS
583-10(D
.03.6 C.
.
1
3
41'. 07/1
Total claims
Total payments
/7di 30
Preferred claims..
General claims
Payments from
guaranty fund
/.(1
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims...
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)......
—GLAott—
ge4.4-41A-Ge.14414../
ill
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of a. 'culture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
El
139
National bank
Name of State
pg State bank
Trust company
LII Stock savings bank
El
Mutual savings bank
Flo.ri.da,
Private bank
•
1. Name of bankHaWthorn State BPri
2. Date organized
3. Federal reserve district
Date suspended
Town or City
7-20-29
Six
Hawthorn
Population of town or city*
Member or nonmember of F. R. System_
4. Number of branches operated: In city of parent bank
None
Outside city of parent bank**
92fzi
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County Alachua
530
non
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
1
,‘16. gaC
1P
Real estate acquired in satisfaction of debts
Investments
997
,95#3
‘•74L2.00
()\
All other resources
.
(ft
/.32.
Total resources
Capital
/ç
000. t ,
,
c
Surplus and undivided profits
;'•
Deposits:
Due to banks**
S
V/
6"/
'/;
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
t./40‘ 4.5
$
Total deposits
/163o.
7
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
fg.4/
Total liabilities
7. Has this bank been reopened?
•Ifso give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
7to
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. . ..
I Rifi 1,o
7
97 y171 v If. n71./-)---
Total claims
10.
zd D
f4.4Sb 4 CC /ea, - IV
- s:
c
General claims
411110
g
1/4.
)8
Preferred claims.
Has this bank been finally liquidated?
th4.7
Jo
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims. . . .
Preferred claims..
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
•re4-01--e,/‘cz
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
ID
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
6' 0
V3/9
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O
188
National bank
Name of State
E State bank
O Trust company
0 Stock savings bank
fl Mutual savings bank
0 Private bank
•
1. Name of bank
Bank of Homestead-
2. Date organized Mar 12 1912
3. Federal reserve district
Town or City
Homestead.
County
Date suspendedJune 11,1930 Population of town or city* 2114
6
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
None
Outside city of parent bank**
O
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
Dade
No
Non
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
91- - za0Y-. ,
79
Ø.oi
Real estate acquired in satisfaction of debts
`+- 3
Investments
3-
7/1
374_ ao
All other resources
71/'
Total resources
Capital
.50
0
Surplus and undivided profits
/%C.
578.I
Deposits:
Due to banks**
8
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
Borrowings from F. R. bank
7,
, Ic
lop.140 '3
#9/. 013
$ 600.7 j:0
6
m-7,149ebut
Borrowings from other banks
1, ey
All other liabilities
idv.37,3#4
Total liabilities
7. I-las this bank been reopened?
. 7/
-- L4
P
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
S. Has this bank been taken over by another bank?
2'40
If so give:
Name of batik by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
Amounts in dollars)
Claims allowed
Payments from
guaranty fund
Dividends paid from
collections
Total payments
Per cent of payments
to claims allowed
v
Secured claims. ..
Preferred claWil
/7J. 1179e
.3. S'34- t7
.31`1
-
i 7S. 7g 7.96
-
,
3...5"_3
'- 77 3 ...:.
3:::::
.
33. I yi,._33_ 37- 737. vo
10. Has this bank been finally liquidated?
a .
.
0
,
id c
...
•iv
, ,,ii,
G a datris 44" Y."
'
1
Total claims
\ k‘
.
•
6
'
t
.°
4.
I
4A. /
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims. . ..
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
......
Other causes, (specify)
ID
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
e
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
National bank
M
.35
Name of State
State bank
LI Trust company
[1] Stock savings bank
LII Mutual savings bank
LI Private bank
Florida
•
1. Name of bank
Bank of Homestead.
Town or City Homestead
County Dade
/3- 3
2. Date organized
Date suspended 6-18-27
3-12-12
3. Federal reserve district
6
Population of town or city*
Member or nonmember of F R. Systern____110n
4. Number of branches operated: In city of parent bank
None
Outside city of parent bank**
•
5. Was this bank a member of a chain or group? If so give the name of the chain or group
Witham S stem
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
2114
7,
6. Condition figures, as of (date*)
7/1
Loans and discounts:
On real estate
Other
Total loans and discounts
$
Real estate acquired in satisfaction of debts
E —\
Investments
737 2
-- 14.9
I7- 30 7,
-•
o. o o
2.si• 96 le. 7.v
LOP.94‘.6
All other resources
Total resources
7$ vac..0
Capital
SO.ID 7, ö 2
Surplus and undivided profits
Deposits:
$
Due to banks**
5$19..07
Demand deposits, including U. S. Govt. deposits
7i97 po..5'43-
Time deposits, including postal savings
7/2-0.'—
Total deposits
$
97 •-fl-6-L
5-
S.
Borrowings from F. R. bank
Borrowings from other banks
‘ 2--04-e.
1145
`,24ellut,„
All other liabilities
,
a /7.1z
Total liabilities
If so give:
7. Has this bank been reopened?
Date of reopening
71
.
2Zo-7- 7- , /97- 7
-
Name under which reopened
'ct-4-4-1
P
Loss to depositors on:
•
Secured claims..s5a t.'40".444-4.4e
..
/
•
Amount of loss
Per cent of loss
to claims
.-e-Lioti
Preferred claims.
General claims..
..........
Total...
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . ..
Preferred claims.. .
General claims
Total claims. . .
If so give:
10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims
Preferred claims..
(1eneral claims
Total claims. . . .
•
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
/97r7
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
LI National bank
Er State bank
Q.k)
Name of State
LI Trust company
O Stock savings bank
Florida
0 Mutual savings bank
O Private bank
1. Name of bank_Citizens Bank
4
2. Date organized /6
3. Federal reserve district
7A9 Date suspended
Six
Town or City Homestead
7-3-26
Population of town or city*
Member or nonmember of F. R. System.
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
•
t
ryv.e/
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
countyDade
2114
6. Condition figures, as of (date*)
.44
Loans and discounts:
On real estate
Other
$
Total loans and discounts
330.072-(0.5'
Real estate acquired in satisfaction of debts
Investments
%0 00
1.
61k .73. 9\3
All other resources
W•(q
Total resources
e
\_CO. 0 00. 00
Capital
K.
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
fiS 9.(
ii,i2-‘..7 0
.
VS0 7 IA Vi/
24. /.g q
$
Total deposits
1-.73.74(o.3
Borrowings from F. R. bank
oo•
3q q7-(
Borrowings from other banks
All other liabilities
2/1z.
Total liabilities
7. Has this bank been reopened?
243/
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
ng' If so give:
S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
claims
General claims
4
eo / 6/5 - a
/00
4
4'°/i , i g
,r7
37.7/99,
Preferred claims.. .
/31-1)6 3,S..
1
_675'45
.... -
,
Total claims... .2VIr3/3 7C /57 07
this bank been finally liquidated?
•10. Has
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims. . .
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Per cent of payments
to claims allowed
Total payments
.
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
C644.4e;a
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
/Lo
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments r0
/
/7
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
118
0 National bank
Name of State
State bank
0 Trust company
0 Stock savings bank
EI Mutual savings bank
FLORIDA
0 Private bank
•
1. Name of bank
Citizens Bank of Inverness Town or City Inverness
County Citrus
2. Date organizec1A :
2MalkDate suspended Oct 3, 1928 Population of town or city* 1,271
3. Federal reserve district
6
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
•
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
No
Non
6. Condition figures, as of (date*)
/91 g'
//
Loans and discounts:
On real estate
Other
Total loans and discounts
2- 2-7.‘i
$
Real estate acquired in satisfaction of debts
Investments
/
All other resources
1. 2,67
02
/. .50 o. 0
iA %-r? -
s
000.00
Total resources
Capital
q
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
/
773. g7
162117 7/1
/
0 8.9g 7.0 q
31
$ , 7-
Total deposits
I g.6,(
Borrowings from F. R. bank
V3. .3 I.7.
i
So..9/6. to
Borrowings from other banks
All other liabilities
.3
lk V Ik. /J.
'7
Total liabilities
7. Has this bank been reopened?
1--' 1
1
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
mounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims..
,
71,4• 01
General claims..../17 it3(4 7/
/'
,
Total claims
'0
If so give:
10.
• Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
secured claims
Preferred claims
General claims
Total claims. .. .
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
W.hat was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
00 Plo a4-4-e,4,4fryfrJ-
If so, give dates and amounts of all assessments
.
/i
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1,1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
149
Type of bank reported—check
appropriate one of the following
O
National bank
M
State bank
Name of State
O Trust company
O Stock savings bank
O
Mutual savings bank
Florida
O Private bank
•
1. Name of bank
Citrus County Bank
2. Date organized
6-30-/6
3. Federal reserve district Six
Date suspended
Town or City
1-10-29
Inverness
Population of town or city*
Outside city of parent bank**
9t.er \c2,
,
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
1271
Member or nonmember of F R System___
4. Number of branches operated: In city of parent bank__NOne
•
County Citrus
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$ /1 7 Pa.?. 9s
Total loans and discounts
Ai43. 63
-
Real estate acquired in satisfaction of debts
25 SO. 0:
\
Investments
''4/.68.8 1
7'3.o. 931.1/
All other resources
Total resources
,5b.000 0 0
.
Capital
7,3g g. ig
Surplus and undivided profits
Deposits:
$JO.oC
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
7 1 1,.
/33-/90.
54/-1
If
,
$
Total deposits
3
/S44 7995
Borrowings from F. R. bank
Borrowings from other banks
/3.17A70
All other liabilities
/
0.000.00
9.5 9'.
-
Total liabilities
7. Has this bank been reopened? `14.
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
.?
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. . ..
6tvo,.11
,
,
;34630f_
1
General claims
Total claims
o
,
.,
Preferred claims... g,
6
6
1-•0
10. Has this bank been finally liquidated? "."
•
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims. .
Preferred claims...
General claims.
Total claims. .
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify).........
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
or agriculture
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
"0.
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
171
IJ National bank
Name of State
0 State bank
O Trust company
[X] Stock savings bank
LII Mutual savings bank
O Private bank
•
Brotherhood State Bank for Savings
Town or City Jacksonvilltounty Duval
1. Name of bank__
2. Date organized e?" 7
'"
3. Federal reserve district
7
A-1 Date suspended
Six
Member or nonmember of F. R System____)/AYIA/
4. Number of branches operated: In city of parent bank._
None
Outside city of parent bank**
•
Population of town or city* 95,450
- -29
4 11
7 1 --e/
14- 1
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
6. Condition figures, as of(date*)1211/If / 9 Z
Loans and discounts:
On real estate
Other
$
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
3/ ///. /7
JVO Ni
4)7. 000soo
&
V. • / .
77-
All other resources
/2
1.
Total resources
')—
f3. 24_
7/.6 0 0. 00
Capital
Surplus and undivided profits
IV oiVi
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
4L,.')/ 4k7
$
7 g.
.0 g
Time deposits, including postal savings
d'.1W.217
$
Total deposits
Borrowings from F. R. bank
AofiE
Borrowings from other banks
NoNt
1/:‘0.0 0
All other liabilities
/
Total liabilities
Id g3 .2.q
7. Has this bank been reopened? _Li__ If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
If so give:
1A
8. Has this bank been taken over by another bank?1 )
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
,
If so give payments to date:
4
dAmounts in dollars)
Dividends paid from
collections
Claims allowed
Secured
claims
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
'
.
/AK-00
Preferred claims
General claims
160. 67,3,/Z
6.
Total claims
f12.92
C1
/'6
'
2,48,416
4.3
If so give:
•10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims
Preferred claims...
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
a0t-
/
1110
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
144
• National bank
Name of State
NJ State bank
LI Trust company
ID Stock savings bank
Li Mutual savings bank
Florida
• Private bank
•
1. Name of bankF rSt State
2. Date organized
13 7 I
3. Federal reserve district
Beach
Bank of Pablvown or cityJacksonville county
Date suspended
7-19-29
Six
4. Number of branches operated: In city of parent bank
Population of town or city* 1120
Member or nonmember of F. R. System
71-49--Kuz-/
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
non
None
Outside city of parent bank**
•
Duval
v149
6. Condition figures, as of (date*
Loans and discounts:
On real estate
Other
$
Total loans and discounts
O.a
c‘4‘. $3"
/ 73.3. o0
Real estate acquired in satisfaction of debts
/2- ooe.Co
Investments
.16
All other resources
/7
Total resources
.
/o. 00 0 0
-0
Capital
I37. 73
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
037.3744 ere/
Time deposits, including postal savings
Total deposits
$
77/
Borrowings from F. R. bank
Borrowings from other banks
cc:0
All other liabilities
//d•
Total liabilities
7. Has this bank been reopened?
1i'4
g/1. 77
If so give:
•
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
2.1.4
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Secured claims. .. .
..
Preferred claims...
General claims.
Total claims. ...
Dividends paid from
collections
J#J1.2-i
Payments from
guaranty fund
Total payments
I 0 U. Vi/-
1 010
.6- qi. Ii
1
1 3.1/1-/ . v3
7.//;_ 9 0
.7
1
1,
71.Sibi- , 2 0. , o,y-- r
• '?'1
/007
0
2_0 ()
/0
02/o,
/1
10. Has this bank been finally liquidated?
"7--e,
-f
Per cent of payments
to claims allowed
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims
Preferred claims.. .
General claims. . ..
Total claims. . ..
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
.J2
4
If so, give dates and amounts of all assessments
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
• National bank
Name of State
El State bank
[4]
Trust company
• Stock savings bank
[I] Mutual savings bank
FLORIDA.
Li Private bank
•
Guaranty Trust and
Savings Bank
1. Name of bank_
2. Date organized
3. Federal reserve district
Town or City
Jacksonville
MIrDate suspended Al-lg 6, 1921 Population of town or city*
6
Member or nonmember of F R System
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County
No
Duval
140,
700
--Y1-41-44---'
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
$
Other
ifio•eg
$
Total loans and discounts
Real estate acquired in satisfaction of debts
J/ Zg
J3
.
i/4., 900. d. r
,
Investments
All other resources
It
Total resources
Capital
_40_4 006.00
9so.
Surplus and undivided profits
Deposits:
$
c5-3 4140 7. 9'G
Due to banks**
Demand deposits, including U. S. Govt. deposits
yse
Time deposits, including postal savings
661
Total deposits
Borrowings from F. R. bank
/ •
. /74607,36
Borrowings from other banks
)4.00
All other liabilities
l_z
li_ .s_Ajk
Total liabilities
7. Has this bank been reopened?
Date of reopening
,
,
t tA,AAJ
If so give:
;
f1/V
Name under which reopened
1147
4
.4
Loss to depositors on:
/ o ¢44.1%/
Secured claims..
Amount of loss
.90
Per cent of loss
to claims
Pref
aims
* Condition items shóbld be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
S
If so give:
8. Has this bank been taken over by another bank?
/
,
1,
t.94eleiettt,P;i4
0 U s4.e- esl-
Name of bank by which taken over .,(/44.(:64e
Date taken over
c t
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims.. .
General claims. .. .
Total claims. . ..
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
,
Secured claims
Preferred claims
General claims
Total claims. .. .
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
4.
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
Lo
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
214
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
11] National bank
Name of State
1" 8
.1
[21 State bank
EI Trust company
[11 Stock savings bank
fl Mutual savings bank
Florida
0 Private bank
1. Name of bank
Peoples Bank of
2. Date organized /
3— 0
3. Federal reserve district
Date suspended
Town or City
75-29
SiX
Jacksonvillcounty Duval
Population of town or city*
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
None
,
1
Outside city of parent bank** 7-1,0-- 9-)
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
140,700
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
P5:97z.A
z
Real estate acquired in satisfaction of debts
Investments
7i(5)b
All other resources
/g3.1
-7S.
7/
Total resources
iee.DOO.a
Capital
Surplus and undivided profits
Deposits:
/3&.
$
Due to banks**
,33.
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
.374 _ /5 3Q
-7:
$
Total deposits
4t//Ø/447
1/.
Borrowings from F. R. bank
2.7-s31/.
Borrowings from other banks
/3/, t
All other liabilities
fi13,,,C5T77
Total liabilities
7. Has this bank been reopened? "UV
72,
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
S. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
/g3102,n
Total payments
Per cent of payments
to claims allowed
17.Z.
3V7/0.1fr
Preferred claims...2-7. 410.70
Payments from
guaranty fund
27 AII 0.70
Ift.Sf7.0
Secured
claims
771. 0.07. 1
General claims
Total claims. . ..
10 o (10
,
qsI. ihs,--24) v1 g.”I. 4 o
10. Has this bank been finally liquidated?
2_0 010
aoi.02,
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
e 7,
0
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on acfount of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
0 National bank
Name of State
0 State bank
41 Trust company
0 Stock savings bank
FLORIDA
LI Mutual savings bank
0 Private bank
•
1. Name of bank United States Trust Co
2. Date organize
3. Federal reserve district
Date suspended
Town or City Jacksonville
kue
6
4. Number of branches operated: In city of parent bank
7 1923 Population of town or city* 140,700
,
Member or nonmember of F R System__
None
Outside city of parent bank**
•
None
5. Was this bank a member of a chain or group? If so give tile name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County Duval
No
6. Condition figures, as of (date*)
Loans and discounts:
$
On real estate
o. G/ 3, oo
Other
$
Total loans and discounts
0.
Real estate acquired in satisfaction of debts
Investments
816.57/
1,9
/ VI
All other resources
2/ 01/C
i(P/.
Total resources
7
2,00.900.00
Capital
\b-g.644o
Surplus and undivided profits
Deposits:
tc.77/.01
Due to banks**
Demand deposits, including U. S. Govt. deposits
et /
Time deposits, including postal savings
o. 6.0 . 0
Total deposits
i
t/P1A-t/
Borrowings from F. R. bank
e
Borrowings from other banks
4.9Cy. o
All other liabilities
/,.cf6 1.41
Total liabilities
7. Has this bank been reopened? _____Xi
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
)14
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
ounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims.
Preferred claims.. •. /5C.:071
pa.3t3,
General claims
7
Total claims'. . .. • 00 •Se7
--•;-4/4 ge
2
0
3.0•?. 75k
;3 7. 0,s1, - 1
7.7r
.3/4.o 9
• Has this bank been finally liquidated?
10.
3, :-'-7
.7t-/-
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims. .. .
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
.2%.4442"
7
4h:"et/
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
12A0
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
/6 o
If so, give dates and amounts of all assessments
p,g)-e-e /7,
/
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
Ei
National bank
14
186
State bank
Name of State
fl Trust company
• Stock savings bank
1] Mutual savings bank
FLORIDA
▪ Private bank
•
1. Name of bank
Commercial Bank of Jasper
2. Date organize
3. Federal reserve district
/9/1 Date suspended
Town or City
Jasper
Hamilton
Apr 22, 19:40
-r-opulation of town or city* 1,724
6
4. Number of branches operated: In city of parent bank
Member or nonmember of F R. System_
None
Outside city of parent bank**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County
No
Non
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
4g,;1./1
$
P:.2'5
Real estate acquired in satisfaction of debts
Investments
.21,b- .00
. cro
,
).3
2-7 gitg. 0
All other resources
__/‘ 7, to .LL
Total resources
Capital
15;
-,000.
2,/.9. I
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
S;9'2/‘.
10
7/1/40
Time deposits, including postal savings
3
:
7 7/
Total deposits
$
/4,393.
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
/4 io4, 96
Total liabilities
7. Has this bank been reopened?
-7-te
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
-- ts
A
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Secured claims.
Payments from
guaranty fund
.
Total claims..
.
Per cent of payments
to claims allowed
6
VO
General claims. . . .
Total payments
,f
7000.o 0
Preferred claims. ..
Dividends paid from
collections
,
6
0-7.77£'3/
66. R6y 6 D
3
0
•10. Has this bank been finally liquidated?
7
-e-e
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims. . ..
Preferred claims..
General claims.
Total claims. .
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
r:éi.cVAki.ftlft
Other causes, (specify
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
aa'a'
/ ,
&t--zz:tee
Jo /7
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O
National bank
Name of State
State bank
O Trust company
LI Stock savings bank
O
Mutual savings bank
FLORIDA
O Private bank
•
Bank of Jennings
1. Name of bank_
2. Date organiz
3. Federal reserve district
Date suspended
Town or City
Dec 1, 1928
6
4. Number of branches operated: In city of parent bank
Population of town or city*
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County Hamilton
697
Member or nonmember of F R. System_ Non
Outside city of parent bank**
•
Jennings
6. Condition figures, as of (date*)
Gde.ie1 /
e
Loans and discounts:
On real estate
Other
Total loans and discounts
$ 2/7, 38'7,
-
Real estate acquired in satisfaction of debts
3,37/3. 11
7/
Investments
All other resources
/5, f2> 7.
--
433. .?..r"
Total resources
/5;:d 6'ô 00
Capital
Surplus and undivided profits
Deposits:
Due to banks**
93
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
4143.
713. /3
743Z3.
Total deposits
`71.4fL-14-C-
Borrowings from F. R. bank
kf0,0
Borrowini,is from other banks
All other liabilities
4
144-z4re...
3
1
1/,
Total liabilities
7. Has this bank been reopened? 14-f.
33. 36
-
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
_
Secured claims. .
Preferred claims... ________*_ 0 • 47 f
General claims. ...
1.yeso.7/
Total claims. . .. 4_.-fild
0
71teote
,
7 ";,---
10. Has this bank been finally liquidated?
0
,
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify).2n4.44'
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
71
,
e
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
7/ 3,79 3-6
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
fl
fl*
National bank
Name of State
n State bank
111
Trust company
El Stock savings bank
Mutual savings bank
LI
Floria
Private bank
•
1. Name of bank
2. Date organized
Bank of Jennings
9-6-4'7
3. Federal reserve district
Date suspended
Town or City
7-19726
,T en nin crq
Population of town or city*
Si::Member or nonmember of F. R Systerr
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County
Hamiltom
697
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$ 0377-63.4,
lt,e7c,Cc
i
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
All other resources
C:7
Total resources
/eS;900,0 a
',c /", 7
,
Capital
Surplus and undivided profits
Deposits:
gns-cf3
-
$
Due to banks**
1 3-7P 3
/of; 1-74_,ci
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
/
$ SST
Total deposits
3.23
Borrowings from F. R. bank
/S Doe,
I
-
Borrowings from other banks
All other liabilities
Apo,00
Total liabilities
7. Has this bank been reopened?
If so give:
71'4
Date of reopening
Name tinder which reopened
Adas•
dr2_,
Loss to depositors on:
Secured claims.../i3O
Amount of loss
•4
,
At...a•
Per cent of loss
to claims
•
Preferred claims.0:5 Y0
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
o
If so give:
S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
14
' If so give payments to date:
0
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. ..
Preferred claims..
General claims. . . .
Total claims... .
110
10. Has this bank been finally liquidated?
"7/t-t9
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims. . . .
Preferred claims. .
General claims
Total claims. .. .
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
AT
Failure of affiliated institution(Name):17 - ‘'
60
0 0,.
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
744
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
eri0
f.e4"e;••4
•
7-11
1/6
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors onaccount of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
I_15
Type of bank reported—check
appropriate one of the following
LI National bank
Name of State
[4 State bank
LI Trust company
LI Stock savings bank
FLORIDA.
Mutual savings bank
LI Private bank
1. Name of bankKelsey City State Bank
Town or City Xelsey
Ctty
County Palm Beach
ropulation of town or city* 829
irDate suspended June 18, 1928
2. Date organizeGe4/‘/P
6
3. Federal reserve district
Member or nonmember of F. R. System__ N oH
4. Number of branches operated: In city of parent bank_
None
None
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
No
6. Condition figures, as of (date*)
4 , /
7
Loans and discounts:
On real estate
Other
Total loans and discounts
$
/
9 4/.CZ.44
/
Real estate acquired in satisfaction of debts
.5r)0. 00
Investments
79.
All other resources
0 cf. 3
93, 277
Total resources
SO.000- 0 0
6. qS7.46
Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
,J. eq
21
.7 97. -)ar
10
$
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
NoNe
oNE
No NE
All other liabilities
V?J.
Total liabilities
7. Has this bank been reopened?
24-6.2-9o.14
747
ILO_ If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
N0
If so give:
Name of bank by which taken over
Date taken over.
Loss to depositors on:
..1mount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
S
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Secured claims. ...
Dividends paid from
collections
/3g.
'Pi _O
10.
Per cent of payments
to claims allowed
6
--0
01
Has this bank been finally liquidated?
0
0
0
9:54'14/6
General claims. .. . j
1,
Total claims.. .. 41-1/6
Total payments
0
0
Preferred claims.. .
Payments from
guaranty fund
9
o
If so give: •
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims.
.
Preferred claims..
General claims
Total claims. . ..
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name
Failure of correspondent(Name)
a
àARIA .
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
/cz
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
El
National bank
A
I_2,5
State bank
Name of State
[I] Trust company
El Stock savings bank
r] Mutual savings bank
LI
FLORIDA.
Private bank
•
. Bank of Osceola County
1. Name of bank_
14/9/
1 .
2. Date organized/ C
Date suspended
Town or City Kissimmee
County Osceola
Feb 13, 1928
Population of town or city*
3,833
6
3. Federal reserve district
Member or nonmember of F R. Syste7
11
4. Number of branches operated: In city of parent bank_
Outside city of parent bank**
•
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$
Total loans and discounts
3
7
Real estate acquired in satisfaction of debts
g qo..00
'v 0..5'o DO
V3.
93\
Investments
1.7
All other resources
SO I. I/13. z7
100.000.0 0
/ IA 3,0.6
Total resources
Capital
Surplus and undivided profits
Deposits:
7/70• V,3
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
// 7. 7
$
Total deposits
i _3
ADNE
Borrowings from F. R. bank
7.S.6,
Borrowings from other banks
All other liabilities
1f •
A/Ofi
Total liabilities
7. Has this bank been reopened?
914)
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' cheeks outstanding.
0
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
mounts in dollars)
Dividends paid from
collections
Claims allowed
Secured
`2t,49
claims
Preferred claims..
'1447
Payments from
guaranty fund
Total payments
.‘,...., ...
-
/00
0 e9
-_,„ ,
'
--• •
General claims
1/0,07146o
1/$4 07ft, o_o_
/
1 .0/
,s•->
1/7/. 41-1 47
Total claims
Per cent of payments
to claims allowed
1,7,.6
If so give:
10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims.. .
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
41)
A 19 •
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
1 0 0Y0
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
014,
O National bank
Name of State
State bank
O Trust company
0 Stock savings bank
0 Mutual savings bank
Mrozida
D Private bank
•
1. Name of bankBank of Osceola County
Town or City Kissimmee
County Osceola
-7
Date suspended 7-10-26
2. Date organized/2'/6"19'
3. Federal reserve district
Six
Member or nonmember of F. R. System_
4. Number of branches operated: In city of parent bank_
•
Population of town or city*
Outside city of parent bank**
Zi-yue/
/2/70-YUb/
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
3833
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$
Total loans and discounts
7
Real estate acquired in satisfaction of debts
79. 0-0.012
Investments
q3.jig.
039. o
All other resources
Total resources
2/
/00. COO.00
Capital
6 .739.67
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
99
75 339
./
81`0 J.kqJ
•5L
69
/ .
Borrowings from F. R. bank
/2-6-,000,00
Borrowings from other banks
All other liabilities
I.40nr..0
Total liabilities
7. Has this bank been reopened?
If so give:
/gX4
Date of reopening
Name under which reopened
Loss to depositors on:
7, -OA/V;(1,444V ?A)
Secured claim
J-0-/
Amount of loss
Per cent of loss
to claims
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
If so give:
S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
.
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims...
General claims
Total claims. ...
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims. . ..
Preferred claims.. .
General claims. ...
Total claims. .. .
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)....
C6Pri-e
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
J0 0 a.4
- 1
-.224,44.144,4-
z
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
140
fl National bank
Name'of State
State bank
El Trust company
El Stock savings bank
[i] Mutual savings bank
Florida.
LI Private bank
•
1. Name of bank Lake Alfred State BankTown or City Lake Alfred County
Polk
2. Date organized
-10-742
3. Federal reserve district
Date suspended
5-15-29
Six
Member or nonmember of F R System
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
•
Population of town or city*
None
i
h-xYT\42)
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
570
6. Condition figures, as of(date*), _/_4 /
7
7
Loans and discounts:
On real estate
Other
4. a a
Total loans and discounts
A3
Real estate acquired in satisfaction of debts
far
3ci
Investments
"7O.
All other resources
1q.
ka7 1,
Total resources
Capital
.5
L
-
f 67
,
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
_ 710
f68.3/.o
03'./8/./y•
$ /61
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
v.oP,f1S/i/
Total liabilities
7. Has this bank been reopened?
* 71.•
-
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Percent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
---
If so give payments to date:
'(Amounts in dollars)
Claims allowed
Secured claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
19
General claims
874
/5:
'
/oa
iS1.3,1g.f4
Preferred claims. . .
/.1.5.17 ,06
/0
45:
31.319.90
Total claims. . .. /7/- / V/.g 0
10. Has this bank been finally liquidated?
74—e.'
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims.. .
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)..
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
212
National bank
Name of State
E State bank
• Trust company
LI Stock savings bank
fl Mutual savings bank
Florida,
L] Private bank
•
1. Name of bank__ILake Butler Bank
2. Date organized
12-1-13
3. Federal reserve district
Town or City
Date suspended 7-7—X
6
Population of town or city*
none
Outside city of parent bank**
none
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County
Member or nonmember of F R. System
4. Number of branches operated: In city of parent bank_
•
Lake Butler
no
Union
886
non
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$ 37
f'Y•
,
00
Real estate acquired in satisfaction of debts
Investments
C\
`1 3
.3g"o
All other resources
I b.8.6
/6 2, I/7g.
Total resources
o c:p
Capital
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
c1 LI. ,07./ 1
Time deposits, including postal savings
1/10
Total deposits
$
7771.3
83.
1
Borrowings from F. R. bank
110 o 0 • o 0
Borrowings from other banks
All other liabilities
JoV.1/
Total liabilities
7. Has this bank been reopened?
—24.0
S. 3.
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank)
-- Zt)
)
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
mounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
,
...e...,
Secured claims. . ..
/
14
,
. -. 661-1-141-'
/
Preferred claims.. .
General claims
Total claims. .. .
.
If so give:
•10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims
Total claims. .. .
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
X
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
-/ -
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
National bank
ri
Name of State
State bank
El Trust company
Stock savings bank
Mutual savings bank
FloridA
El Private bank
•
1. Name of bank Lake Butler Bank
Town or City Lake
Butler County Union
/ 2. Date organized /7. ""/
3. Federal reserve district
/3
Date suspended
S 1X
7-19-26 Population of town or city*
768
Member or nonmember of F. R. System
-1 -4741
4. Number of branches operated: In city of parent bank
•
ka1/1„e/
Outside city of parent bank**
If
0
,
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
it
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
/
$
Real estate acquired in satisfaction of debts
( •
1
9
Investments
at
00 00
'
•6 /,J9
All other resources
1.kg
Total resources
/5000 oo
Capital
3 0ao.o
Surplus and undivided profits
Deposits:
Due to banks**
$
94 1 -1 1
L
Demand deposits, including U. S. Govt. deposits
/
Time deposits, including postal savings
Y</-71.
0
.7q 07
.
$
Total deposits
Borrowings from F. R. bank
/
14YI.t/
Borrowings from other banks
1 73. 1-11.1
4
i
11.4)-yql
•
/ 0 Ve.
All other liabilities
/
Total liabilities
7. Has this bank been reopened?
If so give:
3,/7Z
Date of reopening
64:_e„,,.
Name under which reopened
Loss to depositors on:
Secured
Op.
Per cent of loss
to claims
Amount of loss
.
a
AL
/ 4446/Z14 le21.4.*", 440 4
1
17
-'2 -er.A.-ste.Z;
Preferred claims
4 4/
General claims ‘4.
Total
4?
-0/0-
•
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . . .
Preferred claims.. .
General claims. . . .
Total claims. ...
Has this bank been finally liquidated?
•10.
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims. ..
Total claims
Dividends paid from
collections
Payments from
guaranty fund
•
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name
..
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
0
,
0
CLa..c24,4A4 2,44A4
,
If so, give dates and amounts of all assessments
0 :;, 1
6(
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
[1 National bank
Name of State
0 State bank
LI Trust company
Stock savings bank
111
Mutual savings bank
Florida
111 Private bank
•
1. Name of bank State Exchange Bank
Town or city Lake CitY
County Columbia
.207
:2. Date organized5 /eg -D $,‘ Date suspended 7-21-28
3. Federal reserve district
Six
Population of town or city* 4279
Member or nonmember of F R. System
4. Number of branches operated: In city of parent bank_
Outside city of parent bank**
•
' -X/
91411
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
1 0 /9
7
6. Condition figures, as of (date*
Loans and discounts:
On real estate
Other
Total loans and discounts
( A3
/
4
°•°1 .j
Real estate acquired in satisfaction of debts
41q
Investments
g
-3.
All other resources
?J.
70 6.
Total resources
00- 0 0
1 0. 713
56 0
SO. 000. 0 0
Capital
o.
Surplus and undivided profits
q•
Deposits:
Demand deposits, including U. S. Govt. deposits
32
(3.22.G. Gv-
Time deposits, including postal savings
27.
Due to banks**
$
/.3/.
ifo
Total deposits
$
IZ.1 0.1b
4
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
7Pi.?ki"CO
Total liabilities
7. Has this bank been reopened?
Date of reopening
If so give:
/'‘
• /0 /fi.
Name under which reopened
Loss to depositors on:
&&LICLIP gjarnlei
Amount of loss
Secured claims...
Per cent of loss
to claims
07,
Preferred claims. 44.4.:0(..e.•
General claims la-Ze 97149-1•e.gy,4tq'
/140-AJ.,
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. ....
Preferred claims...
General claims
Total claims.. ..
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims
Preferred claims.. .
General claims. . ..
Total claims.
Dividends paid from
collections
Payments from
guaranty fund
11.. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
El
205
National bank
Name of State
gg State bank
[1] Trust company
LI Stock savings bank
LI Mutual savings bank
LI Private bank
1. Name of bank
Florida.
Town or City
Bank- of Lake He1Pu
Lake Helen
County Voineia___
13- f
2. Date organized 10-21-1.7
3. Federal reserve district
Date suspended
7-16-26
6
Population of town or city*
Member or nonmember of F. R. System_
4. Number of branches operated: In city of parent bank
NOne
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
Witham System
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
1A17
Non
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$ 0o/,9cJ 7'S3
Total loans and discounts
Real estate acquired in satisfaction of debts
c14-4-r-t,e
D• o o
Investments
i,7-sir 7. a ft
.354.Oczti.g7
All other resources
Total resources
o
Capital
/S:460. 0
Surplus and undivided profits
70•
, 'SS.sC,
Deposits:
334.9S-
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
/16. 61-7,O 7
IC v.
$
Total deposits
47
2-S 3.0 74.6
)
Borrowings from F. R. bank
937. 53
7-,6/3. /
Borrowings from other banks
All other liabilities
.14;.oststete,7
Total liabilities
7. I-Ias this bank been reopened?
WO
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
Ti2 If so give:
S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
-1eie7 If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
,
Secured claims
_
Preferred claims...
(‘
General claims. . ..
Total claims. . ..
10. Has this bank been finally liquidated?
If so give:
-7.3 30
4
1
t .44-1-4440,e, 744-44.Vaival.4f -
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims
General claims.
Total claims
____/,
,X
2.02AI. 74
(
4/t1.Pit
M.
cigi• W
J(/_14J4' .4 7
7
2 14
iittro6.6 2'
/0 0
414."1,4
MIA ..5-
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll Nveevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name
Failure of correspondent (Name)
.e:eXersv•L.
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
tA2
bank suspended?
60
1
d
If so, give dates and amounts of all assessments
eA-;4—X.
1 /97-1
7
4
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
•
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
214
O National bank
Name of State
• State bank
O Trust company
•
Ij Stock savings bank
O Mutual savings bank
Florida
O Private bank
•
1. Name of bank First Bank of itikA Worth
Date suspended
-25
2. Date organized 3-9
3. Federal reserve district
6
Town or City Lake Worth
7-16-30
County Palm Beach
Population of town or eity*_594.0
Member or nonmember of F R. System_mm____
4. Number of branches operated: In city of parent bank_ none
•
Outside city of parent bank**
none
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
no
6. Condition figures, as of (date*)
I
/
—
Loans and discounts:
On real estate
Other
$
Total loans and discounts
IA
•
I v• t• -ye).
Real estate acquired in satisfaction of debts
Investments
LP
°
3
•
6 6. b 3-6,6"
'7
-
(')
N. 7
All other resources
Total resources
/1,(000•0 0
Capital
•
Surplus and undivided profits
9 3 2..?0
Deposits:
$_ll• ,ZI. 3
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
o 0. 37o
•
•
I 0
,r-(. -1/g
Total deposits
7
. q<
61
$
Borrowings from F. R. bank
7. ti-S0.0 o
Borrowings from other banks
q.// /.
All other liabilities
I. / I
Total liabilities
7. Has this bank been reopened?
--74
-e
g
8 2,
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
/ •
,
S
Al.' /
ecured claims
f
i"
4 .A....s..igaili
/
,
.11
le
..11-AAILAICP
,./ /..all
0
Per cent of payments
to claims allowed
Total payments
i
.. #1ill
6
..•
Preferred claims...
•
General claims
Total claims. . ..
•10. Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims. .. .
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
•
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
411
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
A
rt:e61
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
II
National bank
Name of State
State bank
(21 Trust company
•
r] Stock savings bank
LI Mutual savings bank
LI Private bank
Floriaa
•
1. Name of bank First
2. Date organized
Bank & Trust Co.
3- F- 2.6
3. Federal reserve district
Date suspended
Town or City
2-24-27
Six
Lake --orth County
Population of town or city*
Member or nonmember of F. R System
4. Number of branches operated: In city of parent bank
•
Outside city of parent bank**
9147kue/
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
Palm Beach
4617
qz
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$
Total loans and discounts
/./1,36..0•17
•
U.70
nil-.
Real estate acquired in satisfaction of debts
Investments
/ )< .5-“- 77
All other resources
Total resources
1 00. 0
Capital
00.00
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
ok 7 W7.Sg'
Time deposits, including postal savings
4).
/
4
0
$ 677• 11 p
Total deposits
Borrowings from F. R. bank
S6 3. /
Borrowings from other banks
37
2141w,Y
All other liabilities
/X6 g.
Total liabilities
7. Has this bank been reopened?
/0
If so give:
Date of reopening
Name under which reopened
44444 ekoLit-gt
Loss to depositors on:
It-0"o
4A4.1-4-4-44AA-Lei 04.4.44.,0
1
Secur
aA . •
t
Amount of loss
Per cent of loss
to claims
214)/1-t/
Pref
65
Gene
6.
n
t
SO%)
* Condition items should be as of te of suspen on, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
•
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . ..
Preferred claims.. .
.
General claims
Total claims. ...
• Has this bank been finally liquidated?
10.
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims. . . .
Total claims
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Contributing
cause
•
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify).
L7v444J
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
41
3
4
frO / a.a.42444,,
444/14.4-
If so, give dates and amounts of all assessments
•
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
1_95
[1] National bank
Name of State
11] State bank
Trust company
El Stock savings bank
FLORIDA.
LI Mutual savings bank
El Private bank
•
Lakeland State Bank & Trust Ctrown or City
1. Name of bank__
2. Date organized*,44MaDate suspended
Lakeland
County
June 14 193°Population of town
'
or city*
6
Member or nonmember of F R. System
3. Federal reserve district
4. Number of branches operated: In city of parent bank
None
Outside city of parent bank**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
No
Polk
24,735
714/4z,
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$
Total loans and discounts
Real estate acquired in satisfaction of debts
/7
/7 i.c6-1
606
,
/
/I 067 I. a g
L56/.ii17.0,07
Investments
361.74o.
All other resources
Total resources
45 0. a00 040
-
Capital
5 3//. 81
9.
Surplus and undivided profits
Deposits:
Due to banks**
9. 064.43
$
Demand deposits, including U. S. Govt. deposits
77-67
Time deposits, including postal savings
7/
IS]. 3..C—
$
TOtal deposits
10- /6.3.
Borrowings from F. R. bank
Borrowings from other banks
/057334.78 •
All other liabilities
.3C.
/Si.So
/3 I. 4%. V0
Total liabilities
7. Has this bank been reopened?
111"
—
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
nr:nts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
claims
General claims
0
•
Preferred claims...
Total claims
379,
0
'24.1-.4
.3143-42--/---.16-
ypa,fd
6
10. Has this bank been finally liquidated?
"3--.-o
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims.
General claims.
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
.
bank suspended'
If so, give dates and amounts of all assessments
/46
e
• 7;// 327
f
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
fl
131
National bank
Name of State
[1] State bank
gcl
Trust company
II] Stock savings bank
Mutual savings bank
FLORIDA
LI Private bank
•
1. Name of ban
Polk County Trust Co
2. Date organize
Date suspended
Town or City Lakeland
County
Mar 10, 1922
Fopulation of town or city*
6
3. Federal reserve district
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
•
None
Outside city of parent bank**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
—7-
Polk
24,735
472
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$ /4ge
o
/Yoe a679...0.4o
Real estate acquired in satisfaction of debts
Investments
9` '9
56
,
' 2
/ 7. 7 ''
\.
All other resources
/1P-e9,•$ 0
'
34eir of/
Total resources
Capital
/5
- dew.
0.
Surplus and undivided profits
/.53 6, 02
1
. 9.
Deposits:
$
Due to banks**
Y4,573e.o3
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
.<167'.
,
$
Total deposits
Borrowings from F. R. bank
•
7/./5
'
Borrowings from other banks
All other liabilities
/y‘r of
(11
Total liabilities
7. Has this bank been reopened?
-WO
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date: mounts in dollars)
A
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
\
Jr
Secured claims. .
Preferred claims.../6.0,3.-s
4 ,
General claims. .. f 7f
r
Total claims
10.
6 ;.P•
(4
.0
: .-&
o
2/ 7,q.r..r:99
lb
'
/1
-2,....s-,,.......,,
6
v 3Cr. 19 73-, 70
Has this bank been finally liquidated? We
3.2,6
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Secured claims
Preferred claims
General claims
Total claims
•
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
/eo
7o
,7&4Ate
4
.
/3 /f
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
0 National bank
O State bank
IX Trust company
Name of State
1:1 Stock savings bank
• Mutual savings bank
O Private bank
•
1. Name of bank
Polk County_Trust Co
July
Date suspended
2. Date organize
3. Federal reserve district
Town or City Lakeland
6
, 1926
None
Outside city of parent bank**
Polk
Population of town or city* 17,051
Member or nonmember of F. R. System_
4. Number of branches operated: In city of parent bank
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County
NO
Non
6. Condition figures, as of (date*
Loans and discounts:
On real estate
Other
$
Total loans and discounts
q 6
••lq
2)400 0 0
Real estate acquired in satisfaction of debts
Investments
62..7 ov .o 0
gq. g O 11t,3 1
••
All other resources
V.
Total resources
/ I.
02/
-
3Co. 00 O. 00
Capital
qt. qi.t.g„(
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
$ In.YI1
6
o gqi.7.7
g_
iii'. 6,0.77
Time deposits, including postal savings
Total deposits
Borrowings from F. R. bank
/7(C.000.00•
Borrowings from other banks
All other liabilities
1 0
.
Total liabilities
7. Has this bank been reopene ?
Date of reopening
Name under which reopened
If so give:
A
4110 sm,i,y,J A,1,1% 60
Loss to depositors on:
Secured claims..../a7e...p..
Preferred claims.‘.10244‘74
,0
General claims..
V4V
Amount of loss
•
•
Per cent of loss
to claims
Alb.. As
,
Z
9€t7
&AP,
yo
Total...
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
•
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . . .
Preferred claims. . .
General claims. ...
Total claims. . ..
10. Has this bank been finally liquidated?
If so give:
-Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims. ...
Total claims. ...
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)....
i1.€.4c./.
4C-4,4-1.ArrAr01-12./
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
National bank
EN
Name of State
State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
Florida
O Private bank
•
1. Name of bankPinellas County Bank
2. Date organized
/6-
3. Federal reserve district
fg
Town or City
Date suspended 6-25-27
Six
Largo
Population of town or city*
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
961
Member or nonmember of F. R. System )/A116.2
4. Number of branches operated: In city of parent bank
•
CountyPinellas
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
/JS
Real estate acquired in satisfaction of debts
3ac\
Investments
3. la 0.00
427.0.0 7
All other resources
Total resources
I. 3 //
S
//ea
0 00
Capital
(1/.
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
1.0
/ Skil 7. v‘i
g'../. 41
Time deposits, including postal savings
$
Total deposits
Vf7.
/
1,971-eJ
Borrowings from F. R. bank
•
4i'
.*.
Borrowings from other banks
All other liabilities
/
kV I ., l 1. kb
)
-
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
•
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
Amounts in dollars)
Claims allowed
Secured claims. .. .
Payments froth '
guaranty fund
Total payments
01x ii-gikq3
-
773ii-4-,)
Preferred claims. . .
Dividends paid from
collections
' 1
S0• l al 10 0
7v
1 00
iiL_6-1.le 40
1
pq
iii.gog•-3.
I 4 (2_7 3v-
General claims. . . . 1-/ 8. / 75Jt
el ag
Total claims. .. . J 70.
10. Has this bank been finally liquidated?
Per cent of payments
to claims allowed
.
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
• Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
GeneTal claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent(Name)
Failure of large debtor (Name)
Other causes, (specify)..
.........
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
supervisory authorities or by the bank's board of directors on account of financial difficulties. This
by
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
LI National bank
[71 State bank
89
Name of State
II] Trust company
111 Stock savings bank
111
Mutual savings bank
FlQrida
LI Private bank
•
1. Name of bank
Bank of T
2. Date organized (1) —
3. Federal reserve district
P1
,
g Date suspended
S X
Town or City Laurel Hill County Oka"' oosa
4-10-27
Population of town or city*
Member or nonmember of F R System__
4. Number of branches operated: In city of parent
•
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
325
/ 7- 7
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
6-3
I I//
Real estate acquired in satisfaction of debts
Investments
DO
,00.4 4
11
All other resources
7o.,8'64 /6
Total resources
24- 0
9, 00.00
Capital
Surplus and undivided profits
Deposits:
4q.
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
‘3
0
/4. y4 ,8?
/9
$ $S:
(r6
Borrowings from F. R. bank
1-
Borrowings from other banks
7.00.C 0
All other liabilities
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
S. Has this bank been taken over by another bank?
1 --‘)
4
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If sb give payments to date:
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections '
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Y1/0 0,0 0
claims
.
,
Preferred claims.. .
General claims. .. .
g-9.itt Yki'D
Total claims.... \5/.
./ . 7'9
1 6. y ii, 3ifr
l
L 1 vkt-0
•10. Has this bank been finally liquidated?
Date liquidation was completed
e11.-0
t/
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims.
General claims
Total claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
'1-
Other causes, (specify) Ce
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
110
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
0
Arr-Ze
/ 29
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
LI National bank
i] State bank
Name of State
LI Trust company
LI Stock savings bank
LI
Mutual savings bank
Florida
LI Private bank
•
1.
Name of bankzawtsystate_Bank_Town or City
2. Date organized Apr.30 1912
3. Federal reserve district
Lawie
Date suspended Jan.15 1924 Population of town or city*
Six
Member or nonmember of F. R System
4. Number of branches operated: In city of parent bank
•
Outside city of parent bank**
9
-L-1)--
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County 1;racif rcl
sa
- 141-*-1,--;'•
6. Condition figures, as of (date*)
4L4. .9/, /7P3
Loans and discounts:
On real estate
Other
Total loans and discounts
$ 023 PO/.ef0
Real estate acquired in satisfaction of debts
/.
711. /
Investments
£2.123.d8'
,
All other resources
Total resources
0
/5: ae?,0
Capital
P,
1
Surplus and undivided profits
Deposits:
‘5
1
7
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
3/.714•/3
;&0
7.6' e
Total deposits
$
1
1/ ,13
11
—7442--t4c_
Borrowings from F. R. bank
0,61o.
Borrowings from other banks
1. 3.0 3.60--
All other liabilities
Total liabilities
7. Has this bank been reopened?
Date of reopening
If so give:
/J", /92-
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should.be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. ...
Preferred claims.
General claims
Total claims.
If so give:
10. Has this !Dank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
claims
Preferred claims
General claims. . .
Total claims
.
.
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify).....
.
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
7s"
A-e.e0-2.1
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
84
LI National bank
• State bank
Name of State
Eli Trust company
• Stock savings bank
[1] Mutual savings bank
Florida
[1] Private bank
•
1. Name of bank Bank of Little River
Little River Station
County Dade
Town or City Miami
er
2. Date organized 1/ 2/3
3. Federal reserve district
k,Date suspended 7-2-23
S ix
Population of town or city*
Member or nonmember of F. R System__
I4
hA17
4. Number of branches operated: In city of parent bank__________L
•
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
2977
lq 2 -
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$
Total loans and discounts
ig
Real estate acquired in satisfaction of debts
Investments
9iAi.7 LI .1
All other resources
Total resources
Capital
.9.37GA
3
Surplus and undivided profits
•
Deposits:
6.q7
6.6.6-
$
Due to banks**
/
73. / 1 -4).0
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
/
A7•6
4
Total deposits
$
g
(
,
79i/: -(\. 9.
)1Arvi-e/
Borrowings from F. R. bank
•
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
8. Has this bank been taken over by another bank?
If so give:
944
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
Amounts in dollars)
Dividends paid from
collections
Claims allowed
Secured
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims...2-•
701- fa 2.70g f3
General claims
13S:.761 _3
Total claims
123g04.k4
5
6,o. iif
i0 0
0
6-5
47-.1,fl /3
,
411 10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims
Preferred claims
•
,
General claims
Total claims
•
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
.
AetA-AA--
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
II..
/tY0
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
fl National bank
Name of State
El State bank
LI Trust company
Stock savings bank
LI Mutual savings bank
Florida
Private bank
4
Town or city L lye Oak
1. Name of bank C OMMer CI.al Bank
2. Date organized
30---45--
3. Federal reserve district
Date suspended
7-17-26
Six
Population of town or city*
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
•
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
County Suwannee
2637
6. Condition figures, as of (date*
Loans and discounts:
On real estate
Other
$ 3s7t.3g
/4 9947.4P
07-,00(7.00
61,9'57, /3
31,0506F-.S7
aCe ado•oo
x
Total loans and discounts
Real estate acquired in satisfaction of debts
C?2,\
Investments
All other resources
Total resources
Capital
Surplus and undivided profits
Deposits:
.57
$
Due to banks**
/f 038.
Demand deposits, including U. S. Govt. deposits
73
i
70if k -
Time deposits, including postal savings
,nZ7S.71
Total deposits
Borrowings from F. R. bank
8)9;r -yo
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
Date of reopening
If so give:
iq7.
Name under which reopened
Loss to depositors on:
/6% 41/tit,eb/ -4(1)`-elLtaitt
Secure claims
a
a -4 ay c)
41
l
42et
Amount of loss
Per cent of loss
to claims
Pre
Genera
tal
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
• 8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
0
9. Is this bank still in process of liquidation? "7'e-
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims
Preferred claims.. .
General claims
Total claims
10. Has this bank been finally liquidated?
—.7- - c
f
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims
Preferred claims
General claims. . ..
Total claims
.
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
•
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
4104.
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
/ 0 fir° ItAiLtid
If so, give dates and amounts of all assessments
/7 /g
•
•
@FedFRASER