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421.11-6 - Bank Suspensions Since Jan 1 1921
Nonmember State Banks Florida T - Georgia B
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.
Type of bank reported—check
appropriate one of the following
El National bank
Name of State
State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
Florida
O Private bank
1. Name of bank ArneriCan
2. Date organized
State Bank
3-1/-24
3. Federal reserve district
Town or City Tampa
Date suspended 7-17-29
County Hill sboro
,
Population of town or city*_1_3. 3 400
Member or nonmember of F. R. System_ non
Six
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.
1,14.2
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
8 27.414'.6t
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
All other resources
Total resources
Capital
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
/4.77/. gg
gfiA33
$
Total deposits
/7.9/o.4.r
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
./ /6
6 '7
Total liabilities
7. Has this bank been reopened?
74,4e:
7
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?
-2e4e9
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?
ounts in dollars)
Claims allowed
Dividends paid from
collections
-
Payments from
guaranty fund
/.7/0.3.5
7
/.i'• 3'
/0 0
L. 714. 90
3
0
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims...
/3":*932-• I//
General claims..
0 .71
Total claims. .. . / 71- 0
3G./
:1.8
6 0 Vs .
ais 10. Has this bank been finally liquidated?
*-74,-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).
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?
i124
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_72
O National bank
Name of State
• State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
1. Name of bank Bank
2. Date organized
of ybor City
Town or City
-31-1)S-- ate suspended 7-17-29
D
3. Federal reserve district
Six
Yber—City
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
Citizens Bank & Trust Company0:Tou .
* 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.
Sta.(Tampa)
Hill
County— sboro
113 400
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
0
Investments
All other resources
S
2
57g.77
/6
13.637, r)0
,
gi
Total resources
Capital
I'D°.000,o et
Surplus and undivided profits
g/it. 00
3PV
gi
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
/‘. f?.1t
5:///-.0/447
J,7/3:324-.FS
Total deposits
$ j,l'77••
79,IKO.6s0
a.doo,00 11V
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
L1441-t,Le_
9/1,90 1, S3
Total liabilities
7. Has this bank been reopened?
—PLC
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
Secured
6 -;
claims
Dividends paid from
collections
/,
Total claims
/0 e,
1,4)00.60
.
30
to GT. /36"; II
10. Has this bank been finally liquidated?
Per cent of payments
to claims allowed
/o 0
, —
.051/.09 _14 Co I 4 4(I. LA.3
General claims
Total payments
7.7-.6g 52..0)-7-.tos
-
i.6049.o0
Preferred claims..
Payments from
guaranty fund
,31‘.8
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)
# e Acid4
4
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
ik
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
Z2
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
Name of State
[Z] State bank
O Trust company
O Stock savings bank
0 Mutual savings bank
Florida
0 Private bank
•
1. Name c VIPs
Ei;
Nebraska Avenue Bank
Town or City
Tampa
Count3Hillsboro
3- 7
2. Date organized /
- 7 14 Date suspended
--
3. Federal reserve district
7-17-29
Six
Member or nonmember of F R System
4. Number of branches operated: In city of parent bank
None
Outside city of parent bank**
•
Population of town or city*
Vt-,ervvu
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.
113 400
non
6. Condition figures, as of (date*)
27721, //
/f77
Loans and discounts:
On real estate
Other
Total loans and discounts
$-474
)
.
Real estate acquired in satisfaction of debts
C.Aft
rd_i4
Investments
.4_40
Oto
All other resources
Total resources
fe_
mr4600.00
‘f
/4/757"
Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
7a1 7.3/.fo
49,ccri.cra
Total deposits
$
c—4
•
ge
Borrowings from F. R. bank
Ai--
/A,c2J
Acea . o
Borrowings from other banks
All
other liabilities
ts-7
Total liabilities
7. Has this bank been reopened?
Al 1 ffi,
/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.
7.71Z
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
If so give payments to date:
9. Is this bank still in process of liquidation?
mounts in dollars)
Dividends paid from
collections
Claims allowed
Secured claims. . .
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
.
2..4.0,7f?
Preferred claims..
General claims
/r/ 4t0.7S
1-4.3gc/.
Total claims
1A 099..13
-V-
/e 0
;ig•Vq,-,0 A
•10. Has this bank been finally liquidated?
-71. O
,
/ff.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)
.40ree.i 14€4.47.1 4
1
4- 1
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
//72v
•
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.
174
-
Type of bank reported—check
appropriate one of the following
National bank
Name of State
[2 State bank
0 Trust company
El Stock savings bank
LI Mutual savings bank
Florida
0 Private bank
•
Franklin.
1. Name of bank__
Bank
Town or City
Tampa
Count3T-11118h oro
3-//
2. Date organized
"M.-I/C....Date suspended 7-17-29
3. Federal reserve district Six
Population of town or city*113,400
Member or nonmember of F R. System_ /10ri
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
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.
/f7f
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
/7/a05479
Real estate acquired in satisfaction of debts
$7; 2/I
.
/
aoo • 00
Investments
/PO.i4 S Z,
z 7
All other resources
Total resources
fc
c50.000.00
Capital
Z I 7e.61
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
g
/$67/ea• 7'
3
"Sid9./2
Total deposits
$
79 /C
1
/
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
/40.6'e. a o
-
,961 27;.13
Total liabilities
7. Has this bank been reopened?
71i9
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
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..
.57,000 00
1 -41"..e.J
1
0
Preferred claims..
/ 745S3
17#(13
/oo
6q6 •-34
.5.,.561 • 1 I
i--
41.Gqi.o,r
I0
General claims. . .
II '
f
Total claims..
2.-.d-.9‘.g f
10. Has this bank been finally liquidated?
*-1- 1--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)
.
cA4441---
eo
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
fl
E
LII
LII
17;
National bank
Name of State
State bank
Trust company
Stock savings bank
• Mutual savings bank
Fluida
[j] Private bank
•
1. Name of bank L afayette Bank
Town or City Tampa
CountyHillsboro
3-()
2. Date organized
Date suspended
3. Federal reserve district
Six
7-17-29 Population of town or city* 113,400
Member or nonmember of F. R. System_ non
4. Number of branches operated: In city of parent bank None
Outside city of parent bank**
•
9i_ A;)-Itt (5_,
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.
6. Condition figures, as of (date*)
/9
Loans and discounts:
On real estate
Other
Total loans and discounts
$
C,
P
Real estate acquired in satisfaction of debts
94 0 , 0
;0_0
( , 67/0. 70
.524
0'4611p. a o
Investments
All other resources
Total resources
Capital
•0 0
Surplus and undivided profits
.3-6
/
7
6S
Deposits:
Due to banks**
S
/7,
1
4
22. 1— 7
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
a‘f.v.7
Total deposits
$
379 72,7 36
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
0
Total liabilities
7. Has this bank been reopened? "240
J 0
% 1
8
.O0
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?
.
2249
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)
Dividends paid from
collections
Claims allowed
Secured claims. . .
Payments from
guaranty fund
Total payments
—
0
6,I(14, t.9
Preferred claims..
0
General claims.. . AS 3e6 O'
Total claims. ..
Per cent of payments
to claims allowed
4
t
.i
0
10. Has this bank been finally liquidated?
•
Date liquidation was completed
"1.t-e7
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)
&f
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?
(.40
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
204
National bank
g
Name of State
State bank
p Trust company
Stock savings bank
Li Mutual savings bank
Li Private bank
FLORIDA.
•
Sponge Exchange Bank
1. Name of bank_
2. Date organize
Town or City Tarpon Springs County
/if9d Date suspended Se") 9, 1922 Population of town or city*
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.
*5 Attach a list giving the name and location of each outside branch at time of suspension.
No
Pinellas
3,056
6. Condition figures, as of (date*)
9-- 71-2
Loans and discounts:
On real estate
Other
69
Total loans and discounts
$ 3 ) 03
1 6 7. .
/
/9, e3 7,y
7, Oa,00
Real estate acquired in satisfaction of debts
Investments
All other resources
74 1./4
Total resources
30,0,00. Co
/4 000• co
Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
$ /2,f.37-,gf
/1/,)43.87
g'9, P7/9 fff
7/
‘
7
Total deposits
7/4f2ru-e,
Borrowings from F. R. bank
fg,3.ff
Borrowings from other banks
All other liabilities
Total liabilities
7. I-Ias this bank been reopened? 11 )
1A
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.
•
"1:!-
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:
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?
144
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. .
Preferred claims...
General claims
Total claims. ...
If so give:
10. Has this bank been finally liquidated?
3/
Date liquidation was completed
Collections:
From liquidation of assets
$
1-11.551.4
j5'.34V.
From assessments on shareholders
Other collections (explain)
_307443-39
Total collections
$
Offsets to claims (loans paid, etc.)
2.I. 39"/.0 V
Payments to depositors:
(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...
General claims. ... 114.1.V.f
Ai
Total claims. . ..
Si
(
/7 b .1 1 P.
1707
.z_e_._ i_. .- -- r
I 10
.
' 1
63. g
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
10
National bank
Name of State
• State bank
10 Trust company
0 Stock savings bank
0 Mutual savings bank
Florida
O Private bank
•
1. Name of bank Bank of Tavares
Tavares
Date suspended 7 5-26
-1
S
Population of town or city* 719
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 Iake
4'
2. Date organized f I-
3. Federal reserve district
Town or City
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
Real estate acquired in satisfaction of debts
7/3_7.9
/4 717-7C
Investments
1 1
All other resources
4530 7.113/
7
6
/
Total resources
Capital
ki4ave.00
2— 9, 339.
Surplus and undivided profits
Deposits:
Due to banks**
52,gfa1-8
04 536 go
)
4
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
1/71
Total deposits
$
2-6 ;1.3g-6 1
Borrowings from F. R. bank
•
Borrowings from other banks
All other liabilities•
.350
/7
Total liabilities
7. I-Ias this bank been reopened?
Date of reopening
If so give:
2.CC7. 1'
Name under which reopened
Loss to depositors on:
Secured claims...
Preferred claims
Amount of loss
Per cent of loss
to claims
. ..
•
'Po
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.
1* 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?
-z-te
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)
.-
Secured claims
Preferred claims.. .
General claims. . ..
Total claims. . ..
Claims allowed
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
-74.0
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
18
O National bank
Name of State
• State bank
LII Trust company
El Stock savings bank
FLORIDA
El Mutual savings bank
O Private bank
•
1. Name of bank
Bank of Terra Ceia
Town or City Terra Ceia
oJ
County Mantee
A
2. Date organize
(61POWDate suspended J une 7 1930
2 I—
'
Population of town or city*
'
3. Federal reserve district
6
Member or nonmember of F. R. System
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.
-21*
784
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
&Lk
Investments
/ 6.3,c0 0 0
All other resources
7S. 597. 0
/J/I.
Total resources
7 gS".
o 0 0. 0 o
Capital
Surplus and undivided profits
I 2, 7
10)<7
Deposits:
$
Due to banks**
2/. '7 q/.
Demand deposits, including U. S. Govt. deposits
6, .706/23
7
Time deposits, including postal savings
VO.
$ /
Total deposits
Borrowings from F. R. bank
"9.1 if
9 0-n4V
t
Borrowings from other banks
1.7
11414-g.
All other liabilities
/ 0 O. 0 0
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.
S. Has this bank been taken over by another bank? et0
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 clainis
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
ounts in dollars)
Claims allowed
Dividends paid from
collections
Preferred claims. .. j/i..??(..g /
General claims
61.470.9.r
Total claims
it
Total payments
Per cent of payments
to claims allowed
2. $000.00
11.flo
qcft
.
/f. 7)J PV
Secured claims..
Payments from
guaranty fund
/o o
Id .3
/3491
37.0'343 90
10. Has this bank been finally liquidated?
310.5"
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) -65
geAA/1-4
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?
)1/0
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
11P
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
n
187
National bank
Name of State
State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
FLORIDA
O Private bank
•
1. Name of bank Bank of Titusville
GAIAickA
Town or City
2. Date organizetb64 4r/9
7 ,
'
71/Date suspended Mar 12,
3. Federal reserve district
6
1930
Titusville
County Iseieft—fitiger
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.
No
2,081
gc'n
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$ 7/97.
Real estate acquired in satisfaction of debts
000• 0 0
Investments
31- 700• 00
if44 ite
All other resources
Total resources
Capital
5 000 0 0
0.
.
Surplus and undivided profits
$91/.
Deposits:
Due to banks**
it2-
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
(i
35.C6T7.
fit,0.3
$ ihrg
Total deposits
Borrowings from F. R. bank
•
Borrowings from other banks
All other liabilities
Total liabilities
-7
7. Has this bank been reopened? 'Ti'
419 7. 7 trS
, 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.
•
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
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
4.587.A
-
claims
Preferred claims.. .
/C.7.14
0
- --4, .
/1/7. 7,03 di
,
6
Total claims. . ../11 biD.gI
0
General claims
•10. Has this bank been finally liquidated?
4144)
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?
)1A
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
-41 Gi.4.4c4.4.4/144mA,/... --e&v•--t.1-1/.
27
01:
`" •
•
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
lecapA)
f)"
O National bank
Name of State
3X State bank
O Trust company
O Stock savings bank
FLORIDA.
0 Mutual savings bank
O Private bank
•
itewev-tS
6
1. Name of bank Indian River State Bank
2. Date organized
tut•/
3. Federal reserve district
O
f
Town or City Titusville
Date suspended Dec 3, 1928 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 Zan—akrer-
N0
2,081
No N
•
6. Condition figures, as of (date*)
0(Y—e,c/
/ 914
/
Loans and discounts:
On real estate
Other
Total loans and discounts
$
2-0 0.
Real estate acquired in satisfaction of debts
2- /.2.9.0
/ • / f3/</*c
,0 o. 0
Investments
.13
61/
All other resources
/6/. 914/. g
Total resources
Capital
\60. 0 00.0
Surplus and undivided profits
(O.
033.6.1
Deposits:
Demand deposits, including U. S. Govt. deposits
Gil
-3.73
/ 1 /.. / / 6 fik
)
Time deposits, including postal savings
//
Due to banks**
$
‘.
3. 9'77 91
Total deposits
$ 7'S
(
:0
Al op4
Borrowings from F. R. bank
Borrowings from other banks
,
•
NoivE
All other liabilities
i d 1.q‘10.18'
Total liabilities
7. I-Ias this bank been reopened?
40. / g ik.7 I
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.
111,
8. Has this bank been taken over by another bank?
ZO
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
2-- 3 1'0.73
Preferred claims..
...S .
General claims
Total claims
ID
4.--
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 othenvise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
/
7
•&/-Lie_il
97 44-v
1
47-7
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
O National bank
Name of State
State bank
O
O
0
O
Trust company
Stock savings bank
Mutual savings bank
FLORIDA
Private bank
1. Name of bank
Trilby State Bank
2. Date organized /4 6 --/$
1
3. Federal reserve district
6
Date suspended
Town or City Trilby
7-19-24
Population of town or city*
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.
343
Member or nonmember of F. R System__
4. Number of branches operated: In city of parent bank_
•
County Pasco
NO
6. Condition figures, as of (date*)
/q
/ q 14
Loans and discounts:
On real estate
Other
Total loans and discounts
$
V4,9t.c
1
/'
0
Real estate acquired in satisfaction of debts
Investments
0a 0
)1/114 t/
,
All other resources
,
1/-3.27
-g
wq,64.ei
Total resources
Capital
00. 0 0
Surplus and undivided profits
Deposits:
261.471
Due to banks**
Demand deposits, including U. S. Govt. deposits
/ 6.S76
g6
Time deposits, including postal savings
(.4 1411I
Total deposits
Borrowings from F. R. bank
0
Borrowings from other banks
o 0.0 0
`2to-lAi/
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:
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
If so give payments to date:
9. Is this bank still in process of liquidation?
Amounts in dollars)
Claims allowed
Dividends paid from
collections
79
/14.4...t./
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims
Preferred claims. . .
General claims. . . . .V/•,1
911-
0
0
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
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)
4)-- -4444A/L.,/
0
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
IP
91,)
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
Name of State
[1 State bank
0 Trust company
O Stock savings bank
O
Mutual savings bank
Florida
O Private bank
•
1. Nameofbank Bank of Umatilla
2. Date organized
e
3. Federal reserve district
Town or City Urnatilln
/ 3 -//
9-/v Date suspended
7-15-26
S x
Population of town or city* 737
Member or nonmember of F. R System
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
PVL-6---1-'\4-,
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 Lake
eir—e•t-
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
4;1
$ I5c5:75o. 4 ,
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
`77:43.--.s44r.
77Z 191
/
All other resources
Total resources
2-.37o 0.
Capital
Surplus and undivided profits
‘ Z g0
3
q,
Deposits:
Due to banks**
$
Demand deposits, including Ti. S. Govt. deposits
_I9 A
*747II. 4/9
Time deposits, including postal savings
$ L54 g70,A74
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
7o,a cs
7/4, 7$f
All other liabilities
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
7,/'72..i
Name under which reopene
Per cent of loss
to claims
Loss to depositors on:
•-ei/1"tALLia&
Secured c ims
•
•JUe/Pe
Gtg•
— %re°
//fro
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:
4
7
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?
71- 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
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?
)1,0
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?
/ PP%
If so, give dates and amounts of all assessments
)4 qz69
,
•
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
Eli National bank
Name of State
0 State bank
M
Trust company
Stock savings bank
111
Mutual savings bank
Florida
0 Private bank
1. Name of bank Farmers Bank & Trut3t Co •Town or City Vero Beach
2. Date organized
3. Federal reserve district
—/Date suspended 1— r 7— 7
Si
County Indian River
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.
3Ld- •
r
4-42
6. Condition figures, as of (date*)
/QP7
"
Loans and discounts:
On real estate
Other
Total loans and discounts
3.07D„Co
$
Real estate acquired in satisfaction of debts
Investments
660_00
3o1/-1
7. if- fd.
2-.
,
/
All other resources
.
J. 2 qq. 3/SI
Total resources
Capital..............................................................
gie
/ 0 0. C 00.0o
3.2-7/.4 I
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
33.64o
7 fil-.711.
Time deposits, including postal savings
Total deposits
"ft.0 71
7
$
Borrowings from F. R. bank
•
Borrowings from other banks
25.O. 00o. 0 0
All other liabilities
2q1.31 1,11
Total liabilities
.4„e
41 /
7. Has this bank been reopened?
Date of reopening
If so give:
/
Name under which reopene
Loss to depositors on:
Amount of loss
Secured claims..7..S .... • •1
4 •4444.I.&•
Preferred claims.5
. „
add
-Age,
r4.4e,t.
Per cent of loss
to claims
sg,feigbeZz44
.
._
o
1111P
General claims..
Total
fiS
* 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. . .. .
4110
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)
so
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)
4244-a4
-
Other causes, (specify)
LX
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
Ot
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
Name of State
• State bank
[3] Trust company
LI Stock savings bank
• Mutual savings bank
FLORIDA
O Private bank
•
1. Name of bank
Vero Beach Bank & Trust Co
Town or City
2. Date organized"4 • I /P.3Date suspended04.17
3. Federal reserve district
6
4. Number of branches operated: In city of parent bank
1,442
Member or nonmember of F. R. System_ -2 t
' 102-14.-
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 Indian River
aa Maopulation of town or city*
Outside city of parent bank**
•
Vero Beach
6. Condition figures, as of (date*)___/1-0-e
,7
11
Loans and discounts:
On real estate
Other
Total loans and discounts
17.//../
$
4/. 03,17
e8. 7 ef:a
7
Real estate acquired in satisfaction of debts
Investments
\-\-L
All other resources
g3.
siCr 3 37/
Total resources
/ea Aoo.a 0
Capital
Surplus and undivided profits
‘
9 ,/9
11
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
7oo.63
I2.13Z-. g6
Time deposits, including postal savings
$
Total deposits
36/ 73?,
altittc-t.4-44
Borrowings from F. R. bank
74000.00
.
Borrowings from other banks
All other liabilities
,
6.57.0 33
Total liabilities
7. Has this bank been reopened?
.51
1440
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...e•4 fo,y--1
Y.(p i 0.411
0
/73-1 6 1,it7
,
• • II•
;
k
,
General claims
Total claims
/00
0
11-.1,
f- lot c.(Ai
10. Has this bank been finally liquidated?
•
Date liquidation was completed
- 10
1
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
/
n
•
/3
•
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
411
Name of State
att State bank
El Trust company
LI Stock savings bank
11] Mutual savings bank
Florirda
El Private bank
•
1. Name of bank Bank
2. Date organized
/
3. Federal reserve district
of Waldo
/3
Town or City
Date suspended 7-22-29
Six
Population of town or city*
668
non
None
Outside city of parent bank**
nA9--P%-el
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
Member or nonmember of F R. System
4. Number of branches operated: In city of parent bank
•
Waldo
-2/11
0
6. Condition figures, as of (date*)
)/
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
All other resources
Total resources
/c5;eee,
Capital
Surplus and undivided profits
Deposits:
Due to banks**
8, C314317c"
$
Demand deposits, including Ti. S. Govt. deposits
4147,o6. C 9
Time deposits, including postal savings
7
) ,'
Str
g
Total deposits
/
$
Borrowings from F. R. bank
446.370 o
2-7-1. v
Borrowings from other banks
All other liabilities
9,147.9`2
Total liabilities
7. Has this bank been reopened?
bIf so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Ogoi=4-4.A.y1 glitAvvvo
,c4
4
Preferred clim_54.6%
.
.
Ge eral çlim
Tota
.y0 .
/444, VI
* Condition items should be s o sate o suspension, if possib1ç7otherwise as o / the last call or examination prior to suspension.
hiers' checks, cash letters of credit and travellers' checks outstanding.
** Including certified and
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?
740
•
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?
)
-- 4
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
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)
eV-ric7er-4•%,
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?
/0p o
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
1_81
• National bank
Name of State
Irj State bank
[1] Trust company
III Stock savings bank
• Mutual savings bank
FLORIDA
El Private bank
•
1. Name of bank
Watertown Bank
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.
*459
Non
Member or nonmember of F. R System__
4. Number of branches operated: In city of parent bank
•
County Columbia
Date suspended Jan 17, 1930_ Population of town or city*
2. Date organize
3. Federal reserve district
Town or City Watertown
No
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$ /45- ••/7V
°2
74.1144.¢.
Real estate acquired in satisfaction of debts
Investments
Ae.07457 oo
6744.90
All other resources
Total resources
.?1•0
0
ler:v.90.0o
Capital
1444a,
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
E f4t9 672
Time deposits, including postal savings
,
4. 0,r."1
Total deposits
0
/- :/a.a2
$ (
-7141244-e-
Borrowings from F. R. bank
Bonowings from other banks
All other liabilities
0
_go, ass. 6-7.
Total liabilities
7. Has this bank been reopened?
47,49
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-ee
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 claims. ...
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
/
7 o 9' if
/7
Preferred claims
Dividends paid from
collections
G vo
4_,
0
716q.)0
General claims
Total claims. . .. 1S/3 7• (
CI
•10. Has this bank been finally liquidated? `11.G.
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
Total payments
Per cent of payments
to claims allowed
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?
7440
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?
20
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
158
111 National bank
a
Name of State
State bank
1:1 Trust company
LI Stock savings bank
LI Mutual savings bank
LI Private bank
Florida
•
1. Name of bank Bank of Wauchula
2. Date organized
2- --to — o 7
3. Federal reserve district
Town or City Wauchula
Date suspended 2-20-29
Six
Population of town or city* 2688
Member or nonmember of F. R. Systerre-A--d
4. Number of branches operated: In city of parent bank__ None
Outside city of parent bank**
•
9Aztrvvy
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 Hardee
1
6. Condition figures, as of (date*) %., e1^-••• / 9,/
Loans and discounts:
On real estate
Other
Total loans and discounts
$ 4 t.
1
390
'/
Real estate acquired in satisfaction of debts
Investments
3.3.
All other resources
DO.ô o
-4(4-4-4-fata-5
Total resources
2
.11- 41-0
Capital
.?.0.0ao ,o
o
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
ye
/13.
Total deposits
$# 87
$
i/o77.74.745--
Borrowings from F. R. bank
7),dif41.0/ •
Borrowings from other banks
All other liabilities
fvf.opi, 7g
Total liabilities
7. Has this bank been reopened?
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?
—
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
7-s—
Secured claims. ... ..57:60.1-31_
in/d •/1
Preferred claims.. ,
/476
,c2
9:/47 d o
Ps ' ,
".,374
General claims.. . jui:....Srat.....
Per cent of payments
to claims allowed
.,- e-
e?
6
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 ti) 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
O
157
National bank
Name of State
DE State bank
LI Trust company
Stock savings bank
LI Mutual savings bank
Florida
O Private bank
•
Town or City W auchula
1. Name of bankreO_Sa1rLty_aank_Ha de
County
Hardee
72
Date suspended 2-12-29
2. Date organized //""
3. Federal reserve district
Six
None
Outside city of parent bank**
i
hArv\..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.
2688
Member or nonmember of F. R. System_____Id.
4. Number of branches operated: In city of parent bank__
•
Population of town or city*
16. Condition figures, as of(date*)4
Loans and discounts:
On real estate
Other
Total loans and discounts
ff,o./0
$
"Itet442
Real estate acquired in satisfaction of debts
Investments
/SW. 37
tip
All other resources
////,/8-/?
/c3‘./t.6
1
Total resources
Capital
ja 000.00
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
yz6./7,.
z;Its7.77
Total deposits
$
AS:. 1
4
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
/„.5‘.M41_
Total liabilities
7. Has this bank been reopened?
-7 -e1
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
Secured claims....
Dividends paid from
collections
Payments from
guaranty fund
Total payments
)141/1-tY
Preferred claims.. .
0
97--- 1 ,
/ ),q 0()0
General claims....
Per cent of payments
to claims allowed
l'/- 7/ S. Y
0
..
o
0
•10
4
Total claims. . .. 1 .0°,1.9 /
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)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
410
— -es
Lt
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
00
lo
24 /
•
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
202
[1] National bank
Name of State
Fl State bank
El Trust company
Ej Stock savings bank
LI Mutual savings bank
iLuAiDA
1:11 Private bank
•
Sumter County State Bank
1. Name of bank_
2. Date organized
3. Federal reserve district
Town or City
suspended Jan 26
6
4. Number of branches operated: In city of parent bank
Webster
County
1921Population of town or city*
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.
855
Non
Member or nonmember of F. R. System_
Outside city of parent bank** None
•
Sumter
No
6. Condition figures, as of(date*)_J6,
/
Loans and discounts:
On real estate
Other
$
Total loans and discounts
//7. 7#4 / 3
27..507
Real estate acquired in satisfaction of debts
Investments
All other resources
/1k.
Total resources
Capital
ki9
.
Surplus and undivided profits
ti )z_L,#)
i/i/- 7..57
0 B fi. 0 0
7141/Ut1
Deposits:
Due to banks**
$
--,_
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
7/.5iF o.7.3
1 -4
/7..1‘C.I.o/3
/L 0
Total deposits
$
71k7.
J O.6
Borrowings from F. R. bank
/
Borrowings from other banks
4. .s'o 0 ..o 0
All other liabilities
‘ .i 'f7(7
2, tl
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.
40
•
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
Per cent of payments
to claims allowed
Total payments
4 .• • •. .•2101
,
SecurVms
40
Preferred clan •
General claims. .. .
)
741-. 0
/444_ u
Total claims
I
•10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
$ /
q0.qL
1 ,
)4411 t.
From assessments on shareholders
Other collections (explain)
/
Total collections
q
q 3. 9
)1
Offsets to claims (loans paid, etc.) '&ALW-4
Payments to depositors:wJ
•
Claims allowed
/
Dividends paid from
collections
4444
,
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims
Preferred claims..
/
General claims
Total claims. .
,6740‘67 4.2,
.
ail
/001'
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?
04A
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
90
[1] National bank
Name of State
State bank
111] Trust company
11] Stock savings bank
El
Mutual savings bank
Florida
ri Private bank
•
1. Name of bank
2. Date organized
Webster State Bank
—2 2- 7
4Date suspended
3. Federal reserve district Six
Town or City
10-28-27
Webster
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
Sumter
350
6. Condition figures, as of
(date*)ee7
/
f
Loans and discounts:
On real estate
Other
Total loans and discounts
/3
63(
$
Real estate acquired in satisfaction of debts
1
-444.4.4
-
Investments
/t, 00
0.
All other resources
/7,3774057
Total resources
/S:00O. CO
Capital
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
676. fig
/es:- 344 o3
7/9- 30
Total deposits
$
02i.7?
Borrowings from F. R. bank
'
.
3.127. s
Borrowings from other banks
All other liabilities
j. 7..r.0 0
-
Total liabilities
7. Has this bank been reopened?
—14,40
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.
`2.-f-cD
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 payment§ to date:
mounts in dollars)
Claims allowed
Dividends paid from
collections
66
714..6/
0
Total claims. ... /q ,q4 - 41
5
Total payments
17.1764
/
General claims. .. . / g• 010. 1 - c(
Payments from
guaranty fund
5
/,14, .42 o
/ 1q •
Secured claims.. .. —_,_,_ V
Preferred claims...
10.
/ 0 0°71
,
/ n 0 610
2 k_14_____
Has this bank been finally liquidated?
Per cent of payments
to claims allowed
I)
9,1_,
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)
Ix
.
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?
1°01)
If so, give dates and amounts of all assessments
f /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.
Type of bank reported—check
appropriate one of the following
128
LI National bank
Name of State
State bank
LI Trust company
El Stock savings bank
LI Mutual savings bank
FLORIDA
ri Private bank
•
1. Name of ban
2. Date organize
Citizens Bank
• AO iffriDate suspended
3. Federal reserve district
6
7est Palm Beachcounty. Palm Beach
Town or Cityl
June 18,
8—
192 ropulation of town or city*
Member or nonmember of F. R. System
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
19,146
ktkli
q
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
$
Other
Total loans and discounts
gi q •SS . /
6
j
$
Real estate acquired in satisfaction of debts
Investments
7q. V3 IFtP
1 1 ( \'
,
2
37 5q. I
J.S7t. 34/
All other resources
2
Total resources
Capital
i 00. 00 O.6 V
Surplus and undivided profits
/
30. 75: T/-/..?
§
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
2-i.0.J o
Time deposits, including postal savings
$
Total deposits
DA)
Borrowings from F. R. bank
41
Borrowings from other banks
)141-1 1.t/
,
All other liabilities
Total liabilities
7. IIas 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)
Dividends paid from
collections
Claims allowed
a
Preferred claims...
Y./340. 30
r11. i‘X 751
General claims
,
Total claims. . .. .Dhr• 7 70. 31_
Total payments
Per cent of payments
to claims allowed
—
A 7.PI9,1 3
S. i v0 30
.
Secured claims..
Payments from
guaranty fund
--
/0 a
g.ig: 937. 34C
300. 1 1 7. 3 7
,
0
3,0
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)
a.,e4e6
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
41,
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
88
0 National bank
Name of State
0 State bank
J
Trust company
0 Stock savings bank
0 Mutual savings bank
Florida
0 Private bank
•
est Pally, Beach
1. Name of bankC omraercial Bank &Trust Offown or uity
County Palm Beach
o —r
2. Date organized
/-- 74.(Date suspended
3. Federal reserve district
6-28-26
Slx
Population of town or city* 19,146
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.
21 1--IX.'
-4 ,
6. Condition figures, as of (date*)
Arkee...-1.4
__10_
Loans and discounts:
On real estate
$
Other
; a,
$4 ‘ ze,
Total loans and discounts
,
Po
Real estate acquired in satisfaction of debts
Investments
/4,17,08.4t
\ \ii()
-49,4997 97
4_4141,04_
All other resources
Total resources
Capital
/ea, Ave.oe,
Surplus and undivided profits
7S;a/3. /9
•
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
a
3./9
41/7.
Time deposits, including postal savings
Total deposits
$i
,537,
Borrowings from F. R. bank
440/
.S3 •
Borrowings from other banks
—244•064,
--
All other liabilities
Total liabilities
7. Has this bank been reopened?
74304.
6,
`7M
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
If so give payments to date:
9. Is this bank still in process of liquidation?
mounts 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. . .. /.0114.??//7
Total claims. ... JA84.1/1,1_3_
iS"--
/43-0 . 17
S3.
i6 3. OS-3.17
-1S'
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?
`14-0
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
I
")
n National bank
Name of State
LI State bank
Trust company
O Stock savings bank
Li Mutual savings bank
Flox.da
O Private bank
•
Palm Beach
oi
c
1. Name of bank Farmers Bank & Trust 00. Town city
.::
2. Date organized
/1--z -/f/3 Date suspended
3. Federal reserve district
3-14-27
S X
Population of town or city*19 148
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
7441
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 Palm Beach
74- - 1...,/
4
4
6. Condition figures, as of(date*)1azze-1_2/ /
,
7
Loans and discounts:
On real estate
Other
Total loans and discounts
75.57
$f
Real estate acquired in satisfaction of debts
44
1 4144.4,
Investments
"D.4
go
/ 39- 711,12
347.f_‘
All other resources
Total resources
/00,_000,DO
Capital
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
tglZ
-5:74 /39- ev
. 17
Time deposits, including postal savings
g6
97/1.
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
1. 7/-d
/3s o0
All other liabilities
fol,P.rd
Total liabilities
7. Has this bank been reopened?
// 34o,
2ile9
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)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. .
Preferred claims...
-
•
. S'S. 7.
General claims..
.
Total claims. . .. 6151 S417...471'
6
6
10. Has this bank been finally liquidated?
11-- •
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)....
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
t1442
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
441
•
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
129
• National bank
Name of State
El State bank
pp
Trust company
111 Stock savings bank
FLORIDA.
[1] Mutual savings bank
LI Private bank
•
1. Name of bank First—American-
Bank e.: Trust CTown or City West Palm 3eactounty Palm Beach
2. Date organize
Date suspended
3. Federal reserve district
Jiane 18,
6
4. Number of branches operated: In city of parent bank
Member or nonmember of F R. SystemL
none
Outside city of parent bank**
•
192a
ropulation of town or citY*
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.
19,146
6. Condition figures, as of (date*
Loans and discounts:
On real estate
Other
Total loans and discounts
4'
.
.
$ 7 /90.,4 5: df
7,se Be 2. 14
4
Real estate acquired in satisfaction of debts
Investments
/fill,q,0• go
All other resources
POO.Sy3. 73
,w
Total resources
Capital
.5ad.ade.06
,
Surplus and undivided profits
13e.fa.3?
Deposits:
Due to banks**
/#42 4ZZ44
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
71 7.< 7V
1
$q.77754,
$ 3. AfC.4z717.417
Borrowings from F. R. bank
•
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened? ,2
64.,W‘0
1
7
6
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
9. Is this bank still in process of liquidation?
If so give payments to date:
Amounts in dollars)
Claims allowed
Secured claims. ..
638.
Preferred claims..
Dividends paid from
collections
/'96.17Y/
Payments from
guaranty fund
Total payments
I
Per cent of payments
to claims allowed
0
ts
•
/,.5
-77467'bit
General claims
Total claims. . .
0
i f•iii4•st
-
0
•
10. Has this bank been finally liquidated?
77-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)
A
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
A
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
/ 0 0 70 cidAL-c.1,a44-2.,1,vvt- -1-17ilL(. -4( .
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
Ei National bank
Name of State
[-] State bank
I
Trust company
El Stock savings bank
Ej Mutual savings bank
ID
F1wiaa
Private bank
Co. West Palm Beach
1. Name of bank'St AmericaP Bark & TrustTown or City
County Palm Beach
2. Date organized /
3---21
4
3. Federal reserve district
Date suspended 3-8-27
Six
Population of town or city* 19 145
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.
f2' 7
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
•(A0 0.CO,
/
Real estate acquired in satisfaction of debts
(AP \
Investments
,(3
9
-
2-D6. /„3.
7/91.3/t AS—
7
All other resources
Total resources
Capital
2.00 de 0,400
/
Surplus and undivided profits
•
.9<if,
77
--
Deposits:
ff7 449
Due to banks**
$ A. ,
07
Demand deposits, including Ti. S. Govt. deposits
2?,0411-57./
OS;
Time deposits, including postal savings
Total deposits
cl
/
r .1
2
-
Borrowings from F. R. bank
Borrowings from other banks
57
.
/6
// 4°1
1/7
3
All other liabilities
7
1,54
Total liabilities
7. I-Ias this bank been reopened? -"I.
Date of reopening
If so give:
I/6- /7
5
Name under which reopenedi
Loss to depositors on:
df911,/;,61401.,jgete.41- e2 10- t
t
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? "71-10
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)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
WA°
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?
jet.,
41
If so, give dates and amounts of all assessments
/
ge %
•
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
111 State bank
El Trust company
El Stock savings bank
EI Mutual savings bank
Florida
1=1 Private bank
•
West Palm Beach
County Palm teab.
1. Name of bankNorthwood Bank Re Trust COTown or City
2. Date organized
t — 4 74--Date suspended
1—
3. Federal reserve district
11-19-27
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.
N0 •
19,146
No Al
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
fi7L030.q o
$
Real estate acquired in satisfaction of debts
/ 7. VD o • o o
1 . 4.(.0
/7
/ 14. '9 I5
\ \
Investments
All other resources
Total resources
‘.(0. 000. 00
Capital
Aloivo
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
3 4.G)0/.17
,
l
12. L t.
Total deposits
q 14ST.Ih
,
(
$
Ho NF
Borrowings from F. R. bank
•
Borrowings from other banks
NoNf
All other liabilities
Total liabilities
7. Has this bank been reopened?
/
.
.,
1
/17
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
If so give payments to date:
9. Is this bank still in process of liquidation?
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...
VS6.3
1
General claims
/Ss1 0
/
4, .1 I
f.)76 /
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
.
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 •
94 0
,
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
/4eIf7,4)
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
O National bank
Name of State
O State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
Flo.rida.
O Private bank
•
7:est Palm Beach
1. Name of bank NOr thwo0d Brirk X Trust Cclown or City
County Palm Beach
2. Date organized,
3. Federal reserve district
Date suspended
Si
3-8-27
Population of town or city*
Member or nonmember of F. R System__ >
140—$ ----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.
19,146
7, /97/ 7
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-fi
?GC=
*
-114-$44..
Investments
/O 0.00
g I.74.3 .7,1'
All other resources
Total resources
SV•
nd.oe,a40_
Capital
32..499 61
Surplus and undivided profits
Deposits:
• Due to banks**
$
Si 748- ô /
-
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
for
cfa• 70.
Total deposits
$
gi T..91
Borrowings from F. R. bank
J/.000.0 0 •
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
;4/f
1
?
t
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...12Z1-.
Preferred claims..
LZ
I
_
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:
214
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?
4.
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
or agriculture?
•
1149
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
O
National bank
Name of State
O State bank
E Trust company
0 Stock savings bank
El
Mutual savings bank
Florida
O Private bank
•
1. Name of banP a]..M Beach
2. Date organized 7
—
nk & Trust C drDwn or City
4- t)7
3. Federal reserve district
Date suspended
6-28-2E
Six
st Palm Bsacluotaity P alm Beach
Population of town or city* 1150
Member or nonmember of F. R. System__
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
•
)14-31i/
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
$
SO 0.0 0
Real estate acquired in satisfaction of debts
Investments
/. \31(3//
5.
1.b
I
All other resources
lw
L( -6-t. q
3
Total resources
(9. 0, 0
Capital
7.5.0
Surplus and undivided profits
IY,9G i
v
oil
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
3 1.g711. oJ
(
3.A1G.
0vq..700.eD
Total deposits
7. 1,7
t. 1
$
AI6NR-
Borrowings from F. R. bank
6. g.olq.7
7
Borrowings from other banks
41
°
All other liabilities
S.311
Total liabilities
7. Has this bank been reopened?
o 7.7q
If so give:
Date of reopening
Name under vhich reopened
Loss to depositors on:
Amount of loss
Rer 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:
YLiP
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
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
3 •0
S.
claims
Preferred claims.. /1S: e I•'1
no
General claims
e
Total claims
f
,
1
Ar
o
v
. ....c---
n'
tigg(0-43
of
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
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
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?
/ to
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
National bank
Name of State
In State bank
LI Trust company
0 Stock savings bank
O
Mutual savings bank
Florida
O Private bank
•
1. Name of bank Suwannee
2. Date organized
River BAnk
57,j-e6
7-
3. Federal reserve district
Six
Date suspended
Town or City
10-25-27
White Spzingsunty 'Hamilton
Population of town or city*
Member or nonmember of F. R. Systern_7" -0-1
1
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.
800
6. Condition figures, as of(date*)C,1_,2c__,7_
Loans and discounts:
On real estate
Other
Total loans and discounts
$
fa 03
OrY3
f.5‘.
Real estate acquired in satisfaction of debts
Investments
5
7/0. D
All other resources
M.
/ff.Si
/16..177.is"
Total resources
Capital
/S:0400•00
C. 414o. 47
Surplus and undivided profits
Deposits:
Due to banks**
s
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
6.71 Or/
op/ 4g
3I),5-7V.7 I
,
Total deposits
$
77. 44S
Borrowings from F. R. bank
5 -.01
/7
Borrowings from other banks
i‘.
All other liabilities
/' 514.r 77
Total liabilities
7. Has this bank been reopened?
//‘•
'14_4
177, er
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
Secured claims. .. .
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
‘M4
—
Preferred claims...
1
General claims. .. . 41• 31. •90
Total claims.. ..
1.33'i,f°
,
13. 1/f."6
v
/3 /9.D 4
,7
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?
•
6746
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
208
O National bank
Name of State
21 State bank
O Trust company
0 Stock savings bank
O Mutual savings bank
Flortclik
0 Private bank
1. Name of bank Bank of Wildwood.
2. Date organized 9-4-1X
3. Federal reserve district
Town or City Wild.wo od
Date suspended 7-5-30
6
Outside city of parent bank**
Surat
Population of town or city* 14Q9
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
Member or nonmember of F. R. System_
4. Number of branches operated: In city of parent bank
•
_
no
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
14.7/7.
Investments
0•1oo-eo
3
All other resources
pc. 7_15
Total resources
1(0'?.
v0.7 -v
Capital
c. 0 o o.
Surplus and undivided profits
to . / 0 S.0 4(--
Deposits:
Demand deposits, including U. S. Govt. deposits
1 Sg • LH
0 S. 41 *V
Time deposits, including postal savings
•
$
Due to banks**
Total deposits
$
I 3 _ o I Po g
Borrowings from F. R. bank
•
Borrowings from other banks
I V.0 00.0 0
All other liabilities
Total liabilities
7. Has this bank been reopened?
Date of reopening
If so give:
7-
-
Name under which reopene
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
"").14?
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
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
guafanty 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
ip
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
LX
Name of State
State bank
LI Trust company
1=1 Stock savings bank
LI Mutual savings bank
LI Private bank
Florida
•
1. Name of bank Mink of Wi1.1.16ton
2. Date organizedMay 2R-190.6
3. Federal reserve district
6
Town or City Williston
County L
Date suspended Jul 2 1924__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** IAArY\--czi
•
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
On
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$)-32.4Y/..CO
Total loans and discounts
Real estate acquired in satisfaction of debts
/140. 3
4
Investments
/..‘6, .o o
;
-
35.Sso-(,i
All other resources
PD.7'0
Total resources
.
oo
Capital
Surplus and undivided profits
‘.000.00
Deposits:
Due to banks**
$ 3671
,
Demand deposits, including U. S. Govt. deposits
/f40. 17(43
Time deposits, including postal savings
1-60
94i‘fo.
Total deposits
/2_
$
/10. 7'0
Borrowings from F. R. bank
7-1914 ao
Borrowings from other banks
•
All other liabilities
_402- //a )-0
Total liabilities
7. Has this bank been reopened? 1
Date of reopening
If so give:
'
i
1 e'd- /4 /7 7 j
4
Name under which reopene
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,
--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
7t0
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?
•
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? 71.40 AX-40-z-te 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
92
National bank
Name of State
M State bank
0 Trust company
r] Stock savings bank
O
Mutual savings bank
Florida
,• Private bank
•
1. Name of bank Citizens Bank _of
2. Date organized /— 7
"
3. Federal reserve district Six
Town or City Williston
Date suspended 11-29-27
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**
•
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 Levy
594
6. Condition figures, as of(date*)4:
Loans and discounts:
On real estate
Other
Total loans and discounts
$
Real estate acquired in satisfaction of debts
Investments
/17PS:6
24.455:6iz
44)•4000• 6 0
s '/79 77
All other resources
174.Ars:
Total resources
Capital
/g. DOD.
‘71 • $cv
64
Surplus and undivided profits
Deposits:
Due to banks**
2-4
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
84
7.
/o7if 6'f.% 1'
$
44 A49. /3
(
1
4
.?9"
Borrowings from F. R. bank
7, aoo.e o
15- . if 7
3
.5.
"
73- -
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
47142
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:
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 claims. . ..
Dividends paid from
collections
Payments from
guaranty fund
Total payments
2-.O.at4U3 )4.0s- 83
Per cent of payments
to claims allowed
/0 €P
Preferred claims
General claims. . ..
Total claims. ... 81
4
'MI
g
.,4f.S/
.1
/'. /•
j/
(3‘41i4-5?-•
10. Has this bank been finally liquidated?
•
Date liquidation was completed
—7-1-0
i6
A
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
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 diversificaiion
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?
•
'WO
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
•
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
Name of State
[ja State bank
1] Trust company
LI Stock savings bank
LI Mutual savings bank
LI Private bank
Florida
•
1. Name of bankCitizens Bwrilr of Willi ston
2. Date organized
.3=9.-/z/
3. Federal reserve district
6
Date suspended
Town or City 17i111-atan9
11-5-23
County
Population of town or city*
Member or nonmember of F R System
4. Number of branches operated: In city of parent bank_Nane
Outside city of parent bank** nerk- , 1
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.
No
Lin'
594
5;792 3
-
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$ 9/,377?
Total loans and discounts
/,2.5z 6'o
Real estate acquired in satisfaction of debts
I 03
Investments
/;-; aoa.4o
All other resources
/
a
/441,W
Total resources
Capital
000•00
Surplus and undivided profits
3 /DD.00
/
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
24
16•Z2
A e3,40J-9
ay, Aos.67
$
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
;9
19 ,0403 •
/o d a.00
)
All other liabilities
u:c87
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
1
\i‘P
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
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
or agriculture?
•
22
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? .
7440 Aet01 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
121
LI National bank
Name of State
• State bank
Trust company
• Stock savings bank
El
Mutual savings bank
FLORIDA
• Private bank
•
1. Name of bank
Bank of Winter Garden
2. Date organize
Date suspended
3. Federal reserve district
Town or City Winter Garden County OranEe
Apr 19, 1 28
6
4. Number of branches operated: In city of parent bank
9--Population of town or city*
Member or nonmember of F R Systern____
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.
1,805
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
I
Total loans and discounts
I 3. /kb-3.)ve
. 0 0 o. 00
69. 1.6-0.2_
35o.gt
Real estate acquired in satisfaction of debts
Investments
0(1
All other resources
Total resources
Capital
O00• 0
410
Surplus and undivided profits
Deposits:
Due to banks**
$
C7Vi4.07
t'V
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
o. o I. 6)
$
Total deposits
(•Y/
AloN4-
Borrowings from F. R. bank
Borrowings from other banks
tV 110
.0 00 00
.
All other liabilities
?.U0.6
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.
•
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 claims. .. .
Preferred claims...
Dividends paid from
collections
Total payments
Per cent of payments
to claims allowed
610/.(6?
6 S.0fa(.6_q
/ P0
ic
/00
i
.5- 46.
/
S.i 14. Str
General claims.. . .. /lib • Z.3.c,.3
Total claims... .
Payments from
guaranty fund
o
0
73. 362-
'TS9V
i
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
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)_a
__
Other causes, (specify)
--1 1
;4
/...cf,44-
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
V.
la o% ki--te-ri
,
•
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
164
L] National bank
Name of State
0 State bank
[1] Trust company
LI Stock savings bank
DI
Mutual savings bank
Florida
LI Private bank
1. Name of bankFirSt State Bank Of
2. Date organized
7 -1
3. Federal reserve district
Town or City Winter Haverounty Polk
Date suspended 5-15-29
Six
Population of town or city*M38
Member or nonmember of F. R. System__ 1 -4 14---40' -
4. Number of branches operated: In city of parent bank
None
Outside city of parent bank** l'1-4,1As2)
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.
f
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
Real estate acquired in satisfaction of debts
761fh< _14
144. 787 72/
.
s /7.
Investments................................................
All other resources
,21267,_64(:).
-
60
44
/ 1e,72_9_pf8
Total resources
oo
Capital
Surplus and undivided profits
11
—in--.46 7‘e.4 4
-
Deposits:
Due to banks**
74./6/..a/
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
7/6s•7A„A
-g
2-fe
Total deposits
$
lit
Borrowings from F. R. bank
Borrowings from other banks
/rS,D040.040
All other liabilities
Total liabilities
7. Has this bank been reopened?
tdi 2
t ,71ia
1
j
7--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?
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
General claims. . .
Total claims. . ..
Total payments
.O'.'
/0 o
/a
Al. 1/ /-'h' , 4 ,..r
10. Has this bank been finally liquidated?
Per cent of payments
to claims allowed
0
11.61 o 1.41
g.(42/0 q ,
11.9 014
,
•
Payments from
guaranty fund
0
0
Preferred claims...
111
Dividends paid from
collections
/ 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
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?
41110.
/
740
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 6
2
/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
0 National bank
A
Name of State
State bank
0 Trust company
0 Stock savings bank
FLORIDA
0 Mutual savings bank
0 Private bank
•
1. Name of bank American State Bank
2. Date organize4ad1/•4/f/iDate suspended
3. Federal reserve district
6
Town or City Zephyrhills
June 11
192a
99
copulation of town or city*.
Member or nonmember of F. R. System__ Non
4. Number of branches operated: In city of parent bank__
Outside city of parent bank**
•
1Tone
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 Pasco
No
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
ie6.'773,/
.6'/.
o. 0 0
$
Real estate acquired in satisfaction of debts
Investments
All other resources
I
/
Total resources
C 1. 4,(
el. 4o3. 93
0D 0. o 0
Capital
7. 0 72-- f0
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
J 614A
4'7.
,
00.3
Time deposits, including postal savings
,
/(7.3u9
Total deposits
714-Ki/
Borrowings from F. R. bank
Borrowings from other banks
.‘-071-V
1
All other liabilities
g ofro .61$
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.
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?
mounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. .
__// 7,11_
/4.°
A 1,:e ,- 7
.
'''
,
//. .0/6. I-
1I
Preferred claims.../iS 1 7___
General claims. . . /5-5:f5Z,3g
Total claims. . . /5
-
10.
9.i. 3.5
D.
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)
"
Secured
claims
Preferred claims.. .
General claims. .. .
Total claims. .. .
Claims allowed
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)
GiA.4.4,
Other causes, (specify)..
—
x
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
0
)i 0
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
00
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
Ij National bank
E State bank
Name of State
rj Trust company
O Stock savings bank
El
Mutual savings bank
Florida
LI Private bank
•
1. Name of bankCitizens
Bank of
Town or City
Zolfo Sori__unty
Hardee
?
2. Date organized
-5-(
Date suspended
2-12-29
3. Federal reserve district Six
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** ktYuil
5. Was this bank a member of a chain or group? If so give the name of the chain or group
eekiet
* 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.
251
6. Condition figures, as of (date*)
/ 2,
192?
Loans and discounts:
On real estate
Other
Total loans and discounts
$
Real estate acquired in satisfaction of debts
Investments
/• \
670%0 00
0
I J/1.3 so
All other resources
67. g 1G .7/
Total resources
Capital
/.(0 00 .0 0
)14NA-el
Surplus and undivided profits
Deposits:
s
Due to banks**
,‘.J
47.1ifo.ikV
k
86-
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
kt/141
Borrowings from F. R. bank
9tAN&A
Borrowings from other banks
•
11411AA/
All other liabilities
7. gl 6,7 I
Total liabilities
/1../1)
7. Has this bank been reopened? )
4.71
$
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.
/1 )
/
1
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
If so give payments to date:
9. Is this bank still in process of liquidation?
mounts 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.
General claims.. . 373f9 3
`.
37399
,
Total claims
410
---L%-.._,..
::
•
__
6
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).
Ct-11-44
h
-61-e-4
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
.tA)
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
C
e
vly
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
State bank
IJ
UI
LI
LI
Trust company
Stock savings bank
Mutual savings bank
Private bank
1. Name of bank
2. Date organized \
Town or CityrkU-- 'krd
---
—
Date suspended
3. Federal reserve district
H
L
LQ-- 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**
•
5. Was this bank a member of a chain or group? If so give the name of the chain or group
r'fA evy\
,9
C----"Q"- -4-
* 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.
(
\A
I
C
I
6. Condition figures, as of (date*)
?6
7— /
Loans and discounts:
On real estate
Other
/87
Total loans and discounts
$
.34:1, go g.
Real estate acquired in satisfaction of debts
\r\:'
Investments
All other resources
'/ o 0
2
3
(6,
D3
Total resources
Capital
2—
i 0 0 0 o (-\
Surplus and undivided profits
Deposits:
$
Due to banks**
/ y/
37, 5
Demand deposits, including U. S. Govt. deposits
-3
e7, 4 7
Tune deposits, including postal savings
$
Total de•osits
( ,
3.),
• a-0, To.
•6() •
0
c)
,
747, /fy. 7.1
orrowings from other banks
3 7
43,e,
All other liabilities.
Total liabilities
7. Ilas 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:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
7
9. Is this bank still in process of liquidation? ( 1-A
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
Preferred claims
General claims
Total claims
to.
Has this bank been finally liquidated?
so give:
Date liquidation was completed
Collections:
$ 24,
From liquidation of assets
7.6
From assessments on shareholders
/1
Other collections (explain)
77/. Id'
,3 3
,
Total collections
0?,
Offsets to claims (loans paid, etc.)
36173
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
c? / )--t). 1
'
/
/
General claims
7,,/ 8a •4 a_
,
Total claims
Si, o 0 e73
‘
1 5
77
- 0
7 -sit. /7
7 7‘4,30
7 ,-Ii 7
a:_. si
I1 )- V 1'
: .?—z
yi',/
,o
/ .s s
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)..,044-!
,
:ki2t7,41-(
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
ational bank
, bank
R State
O Trust company
O Stock savings bank
Li Mutual savings bank
O Private bank
•
raL
)1.4
1. Name of ban
0-11\-lkfl
2. Date organize
3. Federal reserve district
Town or City IaCounty
Date suspende
Y-)
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**
•
--- 1\--/C.5-Y\-k)
5. Was this bank a member of a chain or group? If so give the name of the chain or group
(c\
* Latest census figures or estimate as hown 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*)
--:7
--
Loans and discounts:
On real estate
Other
Total loans and discounts
/
,
(6r
/qgj , 4 I
$
Real estate acquired in satisfaction of debts
A
Investments
73 0\(6,,7v
/
V
/7Y a
0
All other resources
d: 36i 't5- /
o7/ t,1._CZ
/
4/
Total resources
r7 S; C 0 0. 0 0
1
Capital
-Stmplus_amd-undividcd profits
eRA-A-AA74
3
P 't-(99 '
r
‘AA..."'
2,o/f_c6
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
Borrowings from F. R. bank
•
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
Date of reopening
Name under which reopened
Loss to depositors on:
,1‘
If so give:
,(
1 2J2—__
CLI4,--c/A,a4 1,
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
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:
4-
Ab
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)
..aa C441:%
-k4"41
YA--4-1.1€1.±- .
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
fik
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 oth rwise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
111111,
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
Njtional bank
NVState bank
Trust company
[I] Stock savings bank
El
Mutual savings bank
LI Private bank
•
e
. Name of bank
2. Date organized
-
3. Federal reserve district
O/
Date suspended
Town or City
)
7
(\
County
Population of town or city* 7/ --6
)
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.
L- 4 0
)
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
A
$
Real estate acquired in satisfaction of debts
/41
Investments
/ ,/
3
(
)
))lk
7 5( y . y7
/
All other resources
07.d°
Total resources
7 61'
oi
-Nr; 0 0 0. 6 1)
Capital
glo
4)."4
I 1116.
Deposits:
L.
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
\
a 7, .4-14
-VC
Total deposits
$
, 9
/d,
Borrowings from F. R. bank
•
Borrowings from other banks
,,
17)..0
All other liabilities
37,5 -C
6
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Per cent of loss
Amount 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
Per cent of loss
to claims
Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
JL
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
I
Secured claims. .. .
Preferred claims...
General claims. . ..
Total claims. . .. .
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
2
/o
31, y6
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
Per cent of payments
to claims allowed
Secured claims
Preferred claims
General claims. . .
Total claims
0
/7/f, V__
-5'
i‘ 67 , 2
(1
/ /)
.A2 ‘d7i
.
.470 „72,44,y- /....
4,/,.y.
/3
,..57.73
-24 t37.
" /1. i0
0/4?9,
jtf
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?
-1
0/
If so, give dates and amounts of all assessments
,
870 -t.•
-
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
,tional bank
!State bank
ID Trust company
O Stock savings bank
fl Mutual savings bank
• Private bank
•
/ (
1
4
- )1
1. Name of ba:: / \/ 2. K
2. Date organized( -
Town or City
Date suspended R
3. Federal reserve district
• )/
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
7v 0
-
/0
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
C(73
,217,
Other
Total loans and discounts
-60.177341 1
$
37,)/
Real estate acquired in satisfaction of debts
0
. .J.,A*CrrY`-!A
investments..
k4,
All other resources
o
Total resources
00
Capital
COo, 0 0
Deposits:
$
Due to banks**
I
9oS
e,
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
I. 9
C9
Total deposits
L
$
(1.
D-11 g,
Borrowings from F. R. bank
•
09
Borrowings from other banks
1
All other liabilities
9
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:
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: /c1-,
(A ounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Per cent of payments
to claims allowed
Total payments
Secured claims
/,
I, 3 f 1 . 7°
Preferred claims
al-/.,47,( stc?
General claims
/i 2° •61°
‘
,f,
, 17.r.
10. Has this bank been finally liquidated?
7.
*
99-i
7, 3Li.7
3
...,
7 _3 v 7
0113, 7/4 a
Total claims
-30 ,
Az.
.a)
2.( t'S'
3-1,
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
V
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
.7
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
0
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
••V
,i
(1>tY ,42_(,
--rd eo—ece.12 A
St, 0 40 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
O
National bank
[2 State bank
/
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of bank
2. Date organized
(4,xic-d--
tJ.Lagic
—JO— /9/ °Date suspended
3. Federal reserve district
• Town or City a-d--e-e../
I—(-2
.2stPopulation 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
/.?Ad
6. Condition figures, as of (date*)
/ — ot
—
29
Loans and discounts:
On real estate
Other
7/
1627
se -
Total loans and discounts
Real estate acquired in satisfaction of debts
/
Investments
• .3(3 IA 74
33 9. 0 o
77'37
All other resources.
6:
'
eI
/i4
,
Total resources
Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including If. S. Govt. deposits
71.74
Tune deposits, including postal savings
. 8o
32 .6
$
Total deposits
/0
9'46. ih
Borrowings from F. R. bank
i7L /. .6 q
--
Borrowings from other banks
All other liabilities
/. S
-98• 43
/ -Y 3. i
Total liabilities
7. Has this bank been reopened?
•
4
a.4 (-7. 4
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.
a
If so give:
8. Has this bank been taken over by another bank?
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
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...
7
/O /. 149 7.3
General claims
`7.
j;4 .3 .7"/
1 .9,rot74
/ O0
,
4
9-5 S .." --1
g. SPR 84
Total claims. ... 16 1.77.1•3,2
1110
___----,
a/'74.9
027491
...—,
9. A71
.
...i 4 3 '73
1• 47
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 suspen-
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
z Ational bank
N
,
State bank
1J Trust company
LI Stock savings bank
LI Mutual savings bank
Private bank
•
1. Name of ban
2. Date organized //--
Town or City
0 — .// Date suspended /
3. Federal reserve district
County
'
k-Kjopulation of town or city*:_____74_
Member or nonmember of F. R. System__
4. Number of branches operated: In city of parent ban
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.
7L0
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
6 01461.0 lo
Total loans and discounts
7 /)-(
c5
$
Real estate acquired in satisfaction of debts
f'
/
6/
Investments
All other resourcesi. 40 '
Total resources
Capital
& D. 0
Surplus and undivided profits
Deposits:
$
Due to banks**
Z 0 yy, et2—
Demand deposits, including U. S. Govt. deposits
0 od.
Tune deposits, including postal savings
er'7/ •
$
Total deposits
i7.
I
Borrowings from F. R. bank
Borrowings from other banks
„5-3 ,
All other liabilities
e
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
A. 14
* 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
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
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?
, 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
)igtional bank
Re State bank
▪ Trust company
LII Stock savings bank
O
Mutual savings bank
[] Private bank
•
1. Name of ban
2. Date organized__7 Y3
-
Town or City
V
Population of town or city*
Date suspende
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**
•
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.
44_
>z(-t
-
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
3
Real estate acquired in satisfaction of debts
Investments
a4, --/z,--t7,41,6}v-t--0—y----[All other resources..
.4.\6.,I
1.
.q.<)..
.1
-/-ri---al--74--- 75/31
6
sc—t4.4)7-r-I-V- i/g 10
7
6,,
Total resources
Capital
(--LUsabx,
Stij: 1112.41_,nd. undividelprefit-s
//
Deposits:
Due to banks**
/,34
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
.t
-7s
Total deposits
$
/1
Borrowings from F. R. bank
/.1,‘7/
Borrowings from other banks
•
e
( o 0, 0 0
All other liabilities
Total liabilities
7. Has this bank been reopened?
7.3
-CC7-19->-87
7ILAM
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.
•
If so give:
8. Has this bank been taken over by another bank?
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
v#04i
If so give payments to date:
' 3
9. Is this bank still in process of liquidation? 7"-/c
(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..
General claims
Total claims
If so give:
3
10.
• Has this bank been finally liquidated?
Date liquidation was completed
d‘ay
Collections:
From liquidation of assets
-4
S
3
1
"
‘
From assessments on shareholders
Other collections (explain)
Total collections
>10 •
$
Offsets to claims (loans paid, etc.)
7
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
_.--
General claims
Total claims
.-
/4. J
Preferred claims
//
2
4. .
-.---
/4 974 S
'I
g
F.--I"
4)744,Cf
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
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
O
National bank
2' State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of bank
2. Date organized \
Town or Cit
‘\'
Date suspended
3. Federal reserve district
Population of town or city*
Member or nonmember of F. R. System_.
4. Number of branches operated: In city of parent bank
j
try_JZ__/
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.
6. Condition figures, as of (date*)
1/
'Y
Loans and discounts:
On real estate
Other
35 535--)
-
Total loans and discounts
$
Real estate acquired in satisfaction of debts
Investmens OOOO
All other resources .
k,743,/.. . tt,
.0. .1..
I rfi'.,51
r
'
4
'1
................
Total resources
71 (nd
`( 0
Capital
Surplus and undivided profits
Deposits:
Due to banks**
3-2
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
I
7.,
)7 4 /(f
7 /
C--0
i
Total deposits
$
,
9
Borrowings from F. R. bank
Borrowings from other banks
1 / I 17
/ /7
7
All other liabilities
Y7gj, 6 61
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.
•
If so give:
8. Has this bank been taken over by another bank?
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?
-AA
)
If so give payments to date:
(Amounts in dollars)
Claims allowed
Payments from
guaranty fund
Dividends paid from
collections
Total payments
Per cent of payments
to claims allowed
_
Secured
claims
Preferred claims
General claims. .
Total claims. ..
If so give:
(„V
10.
• Has this bank been finally liquidated?
Date liquidation was completed
g
Collections:
From liquidation of assets
I,, /
From assessments on shareholders
3 7- 33
Other collections (explain)
ia.17
Total collections
$
Offsets to claims (loans paid, etc.)
"I
/
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
.,,,, /
'7
General claims. ... 2-- 72c1 , )- I
1
Total claims
‘ 6 6.
i/
2 igf. vi
/ 7d7 •73
‘
Ary, /i
r,
3 ,.... #
/7(7/ 7d
-771-1 619
/0 6
to
O. a
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)
(4,<IAD
•
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
>-'11
•
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
.atonal bank
IEState bank
LI Trust company
LI Stock savings bank
Mutual savings bank
Private bank
•
1. Name of banka
1-74
Town or City
County
1
/ —*
2. Date organized
0
Date suspended
3.3. Federal reserve district
—/
16 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.
6. Condition figures, as of (date*)
/ 3-
3-6
Loans and discounts:
On real estate
Other
Total loans and discounts
77,
/4J3
$
c=?/0
Real estate acquired in satisfaction of debts
Investments
73, .3,0. 7 2__
All other resources
3 2, 0,
Total resources
1,2,3.3
Capital
Jo, 000• 0
Surplus and undivided profits
c). y4 4)13.00
3 3 oo . o
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
` 8
.
2
3/ 7.
(o v 3,
Total deposits
‘).
$
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
‘, 3”. °
3-).'D
Total liabilities
7. IIas this bank been reopened?
Date of reopening
3,
If so give:
o
V C)
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
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
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)
.4.6v NKAtele ..
,
4e
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?
-VIf 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
LI National bank
134
Name of State
State bank
LI Trust company
LI Stock savings bank
El
Mutual savings bank
•
[1] Private bank
1. Name of bankrajtvc&)
Town or City
County
72. Date organized
/
Date suspended
e
._'___d____Population of town or city* /
,lember
3. Federal reserve district
or nonmember of F. R. System
4. Number of branches operated: In city of parent banl
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 estin4dte as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
s-71
6. Condition figures, as of (date*)
7—/R—
Loans and discounts:
On real estate
Other
/17,4 77.& 7
Total loans and discounts
Real estate acquired in satisfaction of debts
I
,
Investments
P‘
,
7
/
4- 4 /S. 3
3.1.
All other resourc
/ ?, ;?
Total resources
Capital
1$, 0
v
o
00
Surplus and undivided profits
Deposits:
Due to banks**
,3/ 0/7.
/
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
/
7,17 , 2-3
Zg41/,
7
73
Total deposits
g/ st • V
$
Borrowings from F. R. bank
Borrowings from other banks
,
‘79,
All other liabilities
144_
Total liabilities
7. Has this bank been reopened?
/0 •
7bir
D
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Anzatint 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.
•
>(A
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
If so give payments to date:
9. Is this bank still in process of liquidation?
mounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. . ..
I) 4 4,-1 4/.
7, -r?f,4 --.
,. 7. II
3
General claims. . .
Total claims. . ..
2 )-(P..(4 )-
,2 -/7).- 6 -2----
2Preferred claims... - (is/7/. 67
7/, 37.6 ,z_
1'
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?
700
(0
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
LI National bank
Name of State
g%tate bank
0 Trust company
O Stock savings bank
o
Mutual savings bank
.0"
O Private bank
•
1. Name of ba
v
A
/14
2. Date organiz4
3. Federal reserve district
I 0
Date suspended
Population of town or city*
Iember 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
h 1
7
* Latest census figures or estimate s shown in bankers' directory.
** Attach a list giving the name an location of each outside branch at time of suspension.
—
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
'7 tl„
Total loans and discounts
7
/...147-77
,
\//
A
Real estate acquired in satisfaction of debts
Investments
All other resources.
rj
)
7
./1) o, o o
7 1-1
•
L4P-(°
-0-eff-)
)
Total resources
—117
CapitalCO. o
o
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
"6/
61)
'
/I
,
/VO,
$
Total deposits
.r.r(f
2,
3'1
Borrowings from F. R. bank
Borrowings from other banks
/12,
3-07-17
r3
All other liabilities
qo
Total liabilities
7. Has this bank been reopened?
If so give:
vL
Date of reopening
Name under which reopened
Loss to depositors on:
54g
± AS
--"
(
1)
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
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
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
.,6.,..K..fzel-tev..:414,42.4-- 0 - 0
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
0 National bank
State bank
0 Trust company
0 Stock savings bank
0 Mutual savings bank
LI Private bank
•
1. Name of banl-
2. Date organized
Town or City
/
//
Date suspended /
3. Federal reserve district
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**
•
,
r\\ 0--v ,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.
2--/
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
Real estate acquired in satisfaction of debts
4// o
/
d. 457
3 0 0. ô o
,
Investments
off. 351.
All other resources
Total resources
P/Y - If
Capital
0 0. O
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including Ti. S. Govt. deposits
Tune deposits, including postal savings
,
.71)-, o
0
Total deposits
/ 7 /7 Y
'
r,
'
Borrowings from F. R. bank
Borrowings from other banks
.2,y777/
3
1
All other liabilities
/i/k,/,
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.
If so give:
8. Has this bank been taken over by another bank'
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
21"
,
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
Per cent of payments
to claims allowed
Total payments
Secured claims
Preferred claims
General claims
___
Total claims
il
If so give:
l 10. Has this bank been finally liquidated?
17
Date liquidation was completed
V C
Collections:
//
From liquidation of assets
From assessments on shareholders
Other collections (explain)
3
Total collections
$
Offsets to claims (loans paid, etc.)
I
V. v7
V
Payments to depositors:
(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
General claims
Total claims
177.?
C V)
''
/
1 70, y -7
i
7J7
.
7,r,r . 6 v
7
/7/ , Y-7
7
1c
,
3,3c
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
40
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
3
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP ANb 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
/
2 State bank
7
• Trust company
LI Stock savings bank
• Mutual savings bank
• Private bank
1. Name of bank gt-74
2. Date organized
117,6-ez_e
Datesuspended
3. Federal reserve district
Town or City
/
County
Population of town or city*
;14
'
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.
rk—o
6. Condition figures, as of (date*)
—‘ )/
/
Loans and discounts:
On real estate
Other
a >rt (\3
Total loans and discounts
Real estate acquired in satisfaction of debts
VO O. 6 6
Investments
All other resources
o 3
Total resources
r- //J. s.5
7/
Capital
o
6.
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
/ .4'
7 4
/, 7
/I,
T "7.r
Total deposits
$
b
Borrowings from F. R. bank
Borrowings from other banks
7 6 0, 6-0
All other liabilities
/
e
yy
Total liabilities
Lr / I.
7
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.
A
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
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..
General claims. ..
Total claims. .. .
If so give:
10.
• Has this bank been finally liquidated'
Date liquidation was completed
Collections:
From liquidation of assets
$
c1"1 ,
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
a,7!C. 0 3
Preferred claims
General claims
Total claims
/ ,
/
4'73 9, .3
9, r81.3.6
7/l. 0
6/ 74 7. ,-v
gdPo,(.
, T
.1, 7/t. 0 3
(„ 7(47.iv
/a 6
L
6
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
61--ktY
tleAo
/(/
•
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
N( State bank
O Trust company
O Stock savings bank
LI Mutual savings bank
0 Private bank
1. Name of bank
2. Date organized
cQ Town or CityCACou
nty
Date suspended
3. Federal reserve district
I. -
-
Population of town or city*
Member or nonmember of F. R. System__
4. Number of branches operated: In city of parent bank
Ank(
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.
72t)
6„ro—L-Q-0-46z_
t
.
6. Condition figures, as of (date*)
Loans and discounts:
•
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
/13 .5-
Investments
All other resources.
)-07,7
Total resources
o
tc-
Capital
Surplus and undivided profits
Deposits:
/ v4-, 7 6
$
Due to banks**
Demand deposits, including U. S. Govt. deposits......
if 0/ f V. C-7)
Tune deposits, including postal savings
Total deposits
4 eP 70
i
76
Borrowings from F. R. bank
(6-s,
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:
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
If so give payments to date:
9. Is this bank still in process of liquidation 1
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Per cent of payments
to claims allowed
Total payments
Secured claims. .
Preferred claims...
General claims
Total claims. ...
If so 'ye:
10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
//
$
From liquidation of assets
73,
0
O7
From assessments on shareholders
Other collections (explain)
/
Total collections
Offsets to claims (loans paid, etc.)
J-76 .
l(f.
$
17'
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
I Li \)'.#)
-ti
General claims. . .. f3 n l 3--o • c
,
Total claims
3-8,
7.K7(„,
7 D 0 (D • / ••(
,
(
3 1 1 , (aitl
.
70
b 1, 1
3 t I ,I74,0
,
io, (D),1.97
i
-- --6—Cl
i
/ )-, ty---0
,279,
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, re 7..)
-
j"
If so, give dates and amounts of all assessments_
'
6)
`
h
KO
GL/4
111
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
El%tate bank
E] Trust company
▪ Stock savings bank
O Mutual savings bank
o
Private bank
•
'
1. Name of ban L '
2. Date organized
VC)
6- 1 \"
4 Q)- 6
Date suspended \
3. Federal reserve district
Town or Cit
);\l, 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
LLk_-
0 It'
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
437/7 3 S(...
Other
$
Total loans and discounts
C
37, 7y3,..re,
•3 I
t
Real estate acquired in satisfaction of debts
Investments
All other resources.
1)
3,
Total resources
Capital
Deposits:
$ 141-
Due to banks**
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
c71
ox- if 6
6
$
Total deposits
—
,
Borrowings from F. R. bank
Borrowings from other banks
•
,9-- o •
'ID 1
All other liabilities
v24.
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.
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?
..
,
/6,71-9,7ci
1
3-", 1 3—c.
(A ounts in dollars)
Claims allowed
Dividends paid from
collections
i f, 9/73
Payments from
guaranty fund
/(, f)i. 75z
Total payments
Per cent of payments
to claims allowed
Secured claims.
Preferred claims...
aa.,11328-too /1,
General claims
1 1
Total claims.... J;6 , )1 . fi
P- 17
_s"-- L
it, )-48,?3
,' /A
5 t, / .18,47 t'
it, ??1751
)—‘8,93
6
.
-1
2 / I ? 17, 4.7
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
Decline in real estate values
‘,V
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Contributing
cause
V
Insufficient diversification
Incompetent management, i.e., poor credit judgment,laxity in collections,
lack of enterprise, etc
V
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
0
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
"
j
bank suspended? (
If so, give dates and amounts of all assessmentc
•
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
2/State bank
O Trust company
0 Stock savings bank
El
Mutual savings bank
0 Private bank
•
1. Name of ban
Town or Cit
2. Date organized \ 1.0 —
.^A
Date suspended
3. Federal reserve district
-
cis - C
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 show i bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
L-4
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
/7
All other resources
14.
/00. /
Total resources
1<
Capital
0
. 00
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
//
-ty/f‘
Tune deposits, including postal savings
Total deposits
11
o
6
Berrowings-frentrk,
/11 4-0 0. °
13orrow7from other banks
0 (o .0 n
All other liabilities
Total liabilities
7. has this bank been reopened?
7/LA
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?
"IA)
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?
-XV
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....
Preferred claims
General claims
Total claims
10.
• Has this bank been finally liquidated?
Date liquidation was completpd
If so give:
3 —
Collections:
.o
/
From liquidation of assets
3Y- •
From assessments on shareholders
00
Other collections (explain)
1,
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
General claims
.
Total claims. .
......—
3./7, o)
Preferred claims
/,
3ceili
.0%
. / .7 01
33/,
a 1.
S
b
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
13/State bank
O Trust company
O Stock savings bank
1=1
Mutual savings bank
O Private bank
•
1. Name of ba-R-3\i
Town or City
Ws
-j-
2. Date organized ' 11 //
0 '?)
1-
3. Federal reserve district
County
k
/
Date suspended
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.
,,tLJ1-1-i 7d__,ce„(rA-eta 7
)1y0 1471-7L-0-„,- 7- 1-C,
6. Condition figures, as of (date*)
—
)6,
-
Loans and discounts:
On real estate
Other
Total loans and discounts
/
2
7619 7V0 •
$
Real estate acquired in satisfaction of debts
`I\
Investments
1-11/
/
All other resources
5/
" L J 1, 1;
Total resources
2
04 0 0 0. 0 0
Capital
03 .
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
4, 97Z
7
a 37'
23
7
,7‘
11/
$
11,41P
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
/
' /1
/7 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.
•
If so give:
8. Has this bank been taken over by another bank?
,
4
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
Per cent of payments
to claims allowed
Total payments
_
Secured claims
Preferred claims
General claims
Total claims
,
11110' 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
a
Failure of affiliated institution (Name).kaiy4extc i2 43-4-.4
,:J.
.
-
,
1-
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
1110
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 assessmentc
•
•FEDERAL RESERVEAND CHAIN BANKING
BRANCH, GROUP COMMITTEE ON
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
Lii
ational bank
• State bank
• Trust company
[1] Stock savings bank
E] Mutual savings bank
LI Private bank
•
1. Name of bankki
2. Date organized
Town or City
IC
-
Date suspended
3. Federal reserve district
-
1-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.
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
374', 323
Total loans and discounts
Real estate acquired in satisfaction of debts
0‘
Investments
All other resources_LOa411444:
oeo ,
/\
6c(
3'
070.
........'7
Total resources
°
.1
2
Capital
0
(-0
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
Q1;
( /
`- 17-
0 7.lo
3 87 )-ti
2'1Rf
'
Total deposits
sra
$
0/. /V
Borrowings from F. R. bank
y ,47,6c)' •
i
Borrowings from other banks
7,
All other liabilities
Total liabilities
7. Has this bank been reopened? 7b0
4if
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:
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
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. . . .
•
•
10. Has this bank been finally liquidated?
D te uidation was completed
11
4
,
16 i
If so give:_
— /ci 3,TY-
Collections:
$
From liquidation of assets
52
/a
From assessments on shareholders
2. (is7
4. 0 c
Other collections (explain)
S3
Total collections
32 v. sc7
7-4, 77 0
Offsets to claims (loans paid, etc.)
Payments to depositors:
(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
General claims
Total claims
`"2-/-707.°
/
3/1 74/.7(
e
3/1 41/• //
/ /
.
1-3 613.v-0
-k
(a ,r7 - , ,
.
/7"69y.. c
,
,
/11, . 1
I 4 (
a 1;37. 36
,
/s) .c37.3 6
7 ,.,/0
,
/67
id, 37
I/
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
National bank
[2( State bank
• Trust company
11 Stock savings bank
El Mutual savings bank
O Private bank
•
1. Name of bank(,
2. Date organized
Town or City
Date suspended / -2 2
,2
3. Federal reserve district
°
County
Population of town or city* 27
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.
2Z7
-2
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
73
2 3-, A 3 Z
$
Total loans and discounts
Real estate acquired in satisfaction of debts
/6- 72 4 _72/
/.
:
"31
Investments
All other resources
4.3
77,
44
6
.
717 77 .2 )5
-7 -
7/t7, 000. 00
Total resources
Capital
9.9
=)- 18--
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
6
X', 2
$
81
/,
971 ()3
0,
?73, a?
Total deposits
$
///(9,
2
7017'ys'
Borrowings from F. R. bank
Borrowings from other banks
7;
/ 1 nO, 00 •
All other liabilities
/ 7/
(P/6- /2
: /
Total liabilities
7. Has this bank been reopened?
/
7
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? /
CA)
If so give payments to date:
(Amounts in dollars)
,
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
—
- 3/
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . . .
Preferred claims. ..
,,
•Z O S7 5-/
/g8 77. 6 9
4
General claims.. . .)
j
lcde . 2 O
Total claims. . . . il ,
(-
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 claim (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,
drought, boll weevil, etc.
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
%/44A.A4-1
(Name
Co-74,-0- - "(1 •,
11
Name of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)(`
-0-44 cA/k• 6 ' e141
''
'
4 exzr
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?/
/D0, / 00.
7,
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
National bank
12 State bank
/
III Trust company
Ej Stock savings bank
Mutual savings bank
IJ Private bank
1. Name of bank
2: Date organized
(
01.AA4
Town or City
V)-- Date suspended
3. Federal reserve district
Population of town or city* Af7/0 6
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
;-4
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
27,
3
e)10
Investments
iq
All other resources
.7-7
Zi(-17
0. 1, V\ 3-1
6
Total resources
3 6 o O.
Capital
(-)
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
i
//
7 / °7/ •
'6e
1—
7
Total deposits
°
v---4
$
/
Borrowings from F. R. bank
Borrowings from other banks
P, 447 7?
0
All other liabilities
Total liabilities
7. Has this bank been reopened? /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.
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 dat •
9. Is this bank still in process of liquidation?
(
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Per cent of payments
to claims allowed
Total payments
Secured claims. ...
Preferred claims...
A6
General claims... . )1Total claims.... i
/ 0, 0 78.
/
II, 3 .7 0
/ 0, 07
e 3‘,(,y)-- 7,(-7636• 6 ci-
sy, /47.4 P-
g )-,*
7
2 g-, 47‘06,9‘"
1- '799..77
,
• Y9
‘
l./9,
-5—J- --C-
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 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
El
National bank
Name of State
EKState bank
LI Trust company
1:11 Stock savings bank
LI Mutual savings bank
EI Private bank
•
-(
1
Town or City Ca 2
(County
02L4-2. D ate organized
/
0 Date suspende
3. Federal reserve district
Population of town or city* •
er 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
fr
* 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
6. Condition figures, as of (date*)
/
•
Loans and discounts:
On real estate
Other
Total loans and discounts
$
\.
Real estate acquired in satisfaction of debts
Investments
g
-
77
l , ,r°
77
g)/ 313.
All other resources
6
A?
Total resources
Capital
C
/a
Surplus and undivided profits
A
A
75
Deposits:
Due to banks**
°, /0
4
77
,
3-v3.
Demand deposits, including U. S. Govt. deposits
)///
Tune deposits, including postal savings
/ 27, ( 3
23
Total deposits
7/
3
$
Borrowings from F. R. bank
Borrowings from other banks
)-0C
All other liabilities
/‘. 417
Total liabilities
(71/C)
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.
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?
mounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. ..
3,9r
Preferred claims..
General claims. . .
Total claims. . .
Ci
' .
1°
(7,
,2,)_,„ .71
2
73
6-f7. 74
-6,74,9s.v
1I
/ 1 8 r ,r10 , 67
.1 .
/..6,-, ,47 • 6
s, -f.ro. 17
/,ra., 73, ,
,
/
ioo
3.3. 31
,,iy, 0 I'
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). Ao-/- -1ce,"4.1..ai-44.44 7a•
.
.
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
0
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?
>70 o o
__Y
er),/
If so, give dates and amounts of all assessments
Jx--2Q.1
cc-se Y-c,,,,LQ
•
6r---
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
11State bank
0 Trust company
O Stock savings bank
0 Mutual savings bank
0 Private bank
ot
a
1. Name of ban
County
ct 44,
,
Town or City
2. Date organized
12. /
Date suspended
3. Federal reserve district
.(
Population of town or city*
Member or nonmember of F. R. System...
4. Number of branches operated: In city of parent bank_
)-)"
6
(1
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
)-1
atest 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.
4.P o
cy-zAr6-3-
a
/
LJA
6. Condition figures, as of (date*)
—/
-
Loans and discounts:
On real estate
Other
-3
,'A/0• 9o/
Total loans and discounts
CC,;--3-vf,/1
Real estate acquired in satisfaction of debts
Investments
4b4\
All other resources
Se4
'7/
3
,
7i
fgy, So
Total resources
Capital
• ,..6-60 ocn6
/
Surplus and undivided profits
/4,
o
/
Deposits:
Due to banks**
$
3f
2211,3 7
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
I)
8/
C79
- Total deposits
$
3,'fry, 7V3.76
Borrowings from F. R. bank
•
7 P/ Yer
9
Borrowings from other banks
All other liabilities
3, c)--4 ).
Total liabilities
7. IIas this bank been reopened? )//1)
g,
/
11
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'
)7A)
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?
ounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims
d7. 7 07/.0;. -44 -3, 7/ C7
Preferred claims
c
General claims
,
(
. t' ',;.
Total claims
'4, wi-c7,
4
,i 43.11 I.7
7
7
49A 47.9,
/o/o / 4 5
/
,
(..13)
/ b 1t) //5/-rS
/
110
1. 10. Has this bank been finally liquidated?
Date liquidation was completed
74, oc
37.,,c
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
Total payments
Secured claims
Preferred claims
General claims
Total claims
AJJAAt
1 , 47
64
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) iecur-R-12^-4/ 0444.4.-va 7040
,
.
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
11,
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 assessmentc
'2.-}
D0 c -
rh-.1
/
a- til--IfLiLeo__)
477
t
/
1111/
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
•)1ational bank
2 State bank
7
0 Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of bant-L-Kr-kr\- -k
1
2. Date organized \
\-1)
Date suspended
3. Federal reserve district
Town or City 0.1kci 11\-- ;County
' -- - '
1""
Population of town or city*
Member or nonmember of F R.
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.
/
6. Condition figures, as of (date*)
( (0.
Loans and discounts:
On real estate
3,7./ç
q
Other
p.
-
ir"1
0
IP
btg—
S
ti
t
/ cc).
)/10, 0J--7, ye 9-6- 3954
(
NT
Investments
All other resources
Total resources
2_, 3>,
7.i>
$
Total loans and discounts
I
Coy.-
o
Capital
r!p
/
ca. AL /
ck.
o
Deposits:
72,f, /
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
3.0, 5 . 5'41
,
-
Total deposits
$
er7, o 37, 7
-8
Borrowings from F. R. bank
8/
0 3
1 /
Borrowings from other banks
e,
All other liabilities
ifA
/
Total liabilities
7\l•
7. Has this bank been reopened? -
7e)
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.
•
)*A
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
If so give payments to date:
9. Is this bank still in process of liquidation?
•
(A ounts in dollars)
Claims allowed
Dividends paid from
collections
7 )-1,
?-7
Payments from
guaranty fund
,
?-1 )--7
Total payments
Per cent of payments
to claims allowed
Secured claims
Preferred claims
.
4;
2/, ,)--1 ,C,A
General claims
li“ LN`)
.
Total claims
41, 10.
i
7 4,
2.7,6../7
3
°S1 C.7
2
7 -, 767, V‘
7A 747
,,44
Has this bank been finally liquidated?
Date liquidation was completed
.
,0
34,2R
If so give:
Collections:
2 612
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
l
e
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
ational bank
D'State bank
0 Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of ban
Town or City
e
2. Date organized
Date suspende
Population of town or city*
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**
•
5. Was this bank a member of a chain or group? If so give the name of the chain or group
irYk
0-2
A
* Latest census figures or estimate a
own 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
Ifs,
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
All other resources
•
cZaZ,
Total resources
Capital
C 06- ü 0
Surplus and undivided profits
o
Deposits:
Due to banks**
,f;;i4) 0
(
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
k
/7. 3
°7
V 21
Total deposits
$
/,
7z.
I
Borrowings from F. R. bank
Borrowings from other banks
37D00.6
All other liabilities
c2/
,
0, -o
/1/1.
Total liabilities
7. IIas this bank been reopened?
11111
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
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) egg- Ykle-Rtx4i..
.
,
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?
di 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
State bank
• Trust company
• Stock savings bank
Mutual savings bank
• Private bank
•
1. Name of bank
2. Date organized
Town or City
g-di--"/
(6
,
Population of town or city* d'
Date suspended
3. Federal reserve district
lember 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 •
6. Condition figures, as of (date*)
/0
-
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
"7
Investments
/6 1
777' )
_0
All other resources
Total resources
). •,
,
4 ,r,„,„0
42 g,70,1 I
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
Total deposits
/1
77(o• 0 7
Borrowings from F. R. bank
•
Borrowings from other banks
20/
,ylo
All other liabilities
. 67
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.
If so give:
8. Has this bank been taken over by another bank.
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.
9 1
Total
V
9. Is this bank still in process of liquidation?
If so give payments to date:
2
2A\
(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......
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.)
$
I, ¶/7O.>()
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Dividends paid from
collections
Secured claims
Preferred claims
General claims
Total claims
_
6t,v-,e,e.e_
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
LI
ational bank
IIU/State bank
0 Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
2AX-1 -7\1
1. Name of banM g
4
,1
2. Date organized
D4
l'VjiTown or City
l
Date suspended
0-
3. Federal reserve district
1
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.
L7L-0
/ 0°
6. Condition figures, as of (date*)
7. - )1_ ),
0
/
Loans and discounts:
On real estate
Other
Total loans and discounts
$
Real estate acquired in satisfaction of debts
„/-/
//
\45
Investments
(
,
3
2 •
-
/ /'
7
/
qp )43,
All other resources
•
7,1
r
3
Total resources
i)
,
Capital
Aurplus and undivided profits
1.-43jv
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
17 1,1/(0,(c,
Tune deposits, including postal savings
Total deposits
8- i/Z
$
Borrowings from F. R. bank
Borrowings from other banks
3 / 74' ,1
-F6
3 7Z- •
01, 44 /
7 2
. .
All other liabilities
Total liabilities
7. Has this bank been reopened?
-
11 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'
I3
LA/
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
b-5- Lis(re
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...
General claims. .
Total claims. .
•
10. Has this bank been finally liquidated?
Date liquidation was completed
If so/give:
•
.
Collections:
$
From liquidation of assets
•
//Yr.,/
From assessments on shareholders
Other collections (explain)
P
7
5ly.4 • 1-0
Total collections
$
Offsets to claims (loans paid, etc.)
70,
g,
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. ..
/
3—S o,ot 2-.37
,
73 t,31,1 I
3
0 Y-
7
1
3.,(0, Db.37
-s -.9 .1 -71,, Ni
1
/7 '
I
,r>---t), -1,7 ),, y 1r
1 ,1
r
P-)-14 22O, 31-- • ry
,
Po, -,i2//
-Li
A-dot
3
___-0
drAl
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)
/1)&_
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 assessmentc
frY\
ctki\-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
0 National bank
Name of State
0 State bank
LI
rust company
Stock savings bank
0 Mutual savings bank
0 Private bank
•
1. Name of bank.-Aegt-
2. Date organized 9 ,/
-
Town or City
7-- 1?9/
Date suspended_ /2
3. Federal reserve district
County
6 30 Population of town or city*
-
0.
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.
t,e)
3'7'2-
6. Condition figures, as of (date*)
- A 9- Jo
Loans and discounts:
On real estate
tiR,
Other
y61, 90
$
Total loans and discounts
7
1
/
9. Yo
Ao óø g, a7
Real estate acquired in satisfaction of debts
7 1/, S7A. 13
Investments
,. 4.6
All other resources.
r I'”/
/P
6
Total resources
/0d, gi50. 60
Capital
4
27
/977- 6
- 4 7, 6- -3 4 39/ g'
p.
Deposits:
3, 90
Due to banks**
Demand deposits, including U. S. Govt. deposits
2 5 , 2/ 9, /
Time deposits, including postal savings
677, 73, 74
Total deposits
Borrowings from F. R. bank
Gz. 600.0 d
Borrowings from other banks
•
„5- 3 66,7(
: -
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:
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:
ounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
—
-
Total payments
Per cent of payments
to claims allowed
Secured claims
General claims
Total claims
7??11
409. ?F-Y. g3-
2,c) 3, A8Lf.7s ---
2,03, AS`f, ,f
33.33 7o
616, 6,3"4 e6
Preferred claims. ..
2,,0 ‘1, 06 Li,20
,2-0 V,
00,y0
i 3, i1/ 7
. 6
27 9,9,r
10. Has this bank been finally liquidated?
Date liquidation was completed
M.91
/w/o
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claim (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,
drought, 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)
Name of correspondent (Name)
Failure of large debtor (game)
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'
-AC,0
If so, give dates and amounts of all assessments
(
SMO, coo. 00 a--usq-- agZ-cia)-(zie,/w
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
•)Iational bank
V State bank
O Trust company
O Stock savings bank
O Mutual savings bank
O Private bank
1. Name of ban
2. Date organized 1k-
Town or City
t
Date suspended_U
3. Federal reserve district
•
6—e \tY•- County
)51
,
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.
SL1
6. Condition figures, as of (date*)
/0 -/
g- Y(
1
Loans and discounts:
On real estate
Other
7
7
10 do 93
/
Total loans and discounts
Real estate acquired in satisfaction of debts
1
/f-ID 0.
Investments
‘IY
33,
All other resourc
Total resources
417d-- 6.2
I
6631
/I; 000, oo
Capital
g 4.:
Deposits:
1
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
r
11 LV) LL C I
Total deposits
$
ax ,7 ,,(Jg
/
Borrowings from F. R. bank
1t t 7).40.-- C,•
Borrowings from other banks
I1 I
All other liabilities
____n2=-- 62,55
Total liabilities
IAA
7. Has this bank been reopened? (
73. 7
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
Secured claims
Per cent of loss
to claims
$
..
Preferred claims
General claims
3.51
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
1, /
(A ounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
_
Secured claims
10 (
I. i(
Preferred claims
eli, -V4.
Total claims
III
10.
1
r63'5
cr, .9-.9-4Z,
/1, yi . 1/
General claims
,
777 iJ—
77?. t--
cc 4 >„,z. )
,0
Has this bank been finally liquidated?
Date liquidation was completed
>
.37 6-7, 4 ,
4, c ....,"( .4 0
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
0O
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
LI Nj.tional bank
IEState bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
.,e1. Name of bank4-P
2. Date organized
Ah41Town or CitAell4a14 ,ounty
3 i P/F
Date suspended
3. Federal reserve district
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
in
* Latest census figures or estimate as sh
bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
1---11-1^-1
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
3pe.2-6-,c13,
/
(7
All other resourc
aii1/11.111161rANVIIIMP"."...
Total resources
• wiatt
smosiffaajiff/Aral"
/&
Capital
-
00, 00
/ it
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
4/1
o yg,47
/
Tune deposits, including postal savings
Total deposits
Borrowings from F. R. bank
0.. 00 41°
Borrowings from other banks
All other liabilities ilIMI„sh
. •
1.
I - 17
)/
1
2
Total liabilities
5 3
-/.
7. IIas this bank been reopened?
X
t)
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-tA)
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
2.67,34
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
Dividends paid from
collections
Payments from
guaranty fund
Secured claims
Preferred claims
General claims
Total claims
//,, ,
fy ..
ii
7
# .0 _2_.
i0
7-f-, Zoif. -•L
/8 /. 477-
..,
if, y,p7 -?r etriS
,
/07
p
/./
(67 f75Z- /
1
fe
,
070
7‘r7v
, ___
22
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).Mcvt-ce-Pe".t-eg!.
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
0 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
J
3. Federal reserve district
-'.J
Town or City 1 :34 4-14
a Date suspended
—°
/ —
kopulation 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.
Count/ 46
7
s›,ty
V-L-4---e‘./
2—e 7-‘)
6. Condition figures, as of (date*)
—
— V-6
Loans and discounts:
On real estate
Other
;to.
$
Total loans and discounts
Real estate acquired in satisfaction of debts
a6 A .
/
Investments
All other resources
5
/9a.
_04-4. 677.7
Total resources
Capital
Iii,.17
Surplus and undivided profits
Deposits:
Due to banks**
ot
/
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
3
6754 o -y.
;
$
Total deposits
//
• 4--13.3.s
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
90.
/ 14
Total liabilities
7. Has this bank been reopened?
s
-
• 6'1977
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 6e ai5. 6/1,47X.L
Date taken over
/ 1— go/ — G2-6
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
0
General claims
Lo
Total
I/L..7
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?
#
00O.00
If so, give dates and amounts of all assessments
cw—y J
,
//-3—(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
[1] National bank
Name of State
State bank
Trust company
Stock savings bank
Mutual savings bank
Private bank
•
1. Name of bank ti
)
Town or City1%
2. Date organized /— / 3-1 6
4
Date suspended
p-‘-J0
3. Federal reserve district
County(-:ge-rt7ce" -
Population of town or city*
Niernber or nonmember of F. R. Systet
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.
g7
"'
s---
I
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
2
/S7, 4
/47
Other
$
Total loans and discounts
)uj/
--)
,-qs7, 107I
Real estate acquired in satisfaction of debts
00 O.
Investments
#/(,,39, ri(
All other resources
jo37---6-6
Total resources
if
o0
Capital
- .-
3. 7
(
-
Deposits:
7 7,
Due to banks**
Demand deposits, including U. S. Govt. deposits
),
F 2 F /6
'1
Time deposits, including postal savings
2?
Total deposits
Borrowings from F. R. bank
8, 333, 3
Borrowings from other banks
•
All other liabilities
1‘1,3,009,11—
Total liabilities
7. Has this bank been reopened?
2Z
0
og.
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?
f-i-z•)
If so give payments to date:
ounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
'I
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims
Preferred claims
-I 57,3 1
/
-
General claims
-23, '3 52.5
?
,
Total claims
,” 1 0 ,e3
,3
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 claim (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
V
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drought, 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)
Name of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)/,-
, 41
(
1
-<-4- •
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
O
r
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?
33
AS—
G•
00
If so, give dates and amounts of all assessments
—
/11
—
•
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
LIIIyational bank
rr/State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of ban
2. Date organize
Town or City
Date suspended
3. Federal reserve district
Population of town or city*
I\Iember or nonmember of F. R. System_ 7
7(
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.
I
6. Condition figures, as of (date*)
0—‘
Loans and discounts:
On real estate
Other
Total loans and discounts
g
$
13,
Real estate acquired in satisfaction of debts
Investments
/41 VP . /
)
All other resources
Total resources
'24
3OZ..
Capital
Surplus and undivided profits
>'°.31
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
1/ /
3
,
/47 2 1
9,i,
Total deposits
$
(1
/
b
Borrowings from F. R. bank
Borrowings from other banks
2 c 51f
All other liabilities
/06f, (73
Total liabilities
7. has this bank been reopened?
/
>(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.
If so crive•
•
8. Has this bank been taken over by another bank?
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
If so give payments to date:
9. Is this bank still in process of liquidation? 7/0
(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. ...
,
If so give:
10. Has this bank been finally liquidated?
Date liquidation was completed
/
Collections:
$ /04 2-)_/.73
12, 1),r,ry
0
\r:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
1
)z,i 7
' '' —7
$ 7, side fY
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
claims
/3 X,
70,
,„
Je,2_7
Preferred claims
4
J`7, 1161 ci(
2.
.--
Total claims
ol,;// G 019 6
8-f-,
Per cent of payments
to claims allowed
0 3
/41 LiY'L°
Y—
Total payments
0.7---r-
General claims
6.,60 CA
Payments from
guaranty fund
e‹(.77
/
>47.
/O.
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
40
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
UK
La4J‘A
i
•
/
.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
11] National bank
EK State bank
11 Trust company
Stock savings bank
El
Mutual savings bank
Private bank
•
1. Name of ban
2. Date organized-A- t
3. Federal reserve district
Town or City
Date suspended
Population of town or city*
Member or nonmember of F. R. System_ 71
----6 A --"
"
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 -6
6. Condition figures, as of (date*)
-
1
Loans and discounts:
On real estate
Other
Total loans and discounts
6P, 7/,(1
$
-17
Real estate acquired in satisfaction of debts
/ z 770
-1)
Investments
,3 If if 7
All other resources 4 A./cItic-Lci.
.
6
ce 0,
5 2_, 7-13 .
'7
Total resources
t eI
Capital
cr-7.71) , cr—zi
.
Surplus and undivided profits
Deposits:
7,2_.
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
/
7/, tr.-
/
3 )-
Total deposits
y.
Borrowings from F. R. bank
Borrowings from other banks
/
All other liabilities
7. Has this bank been reopened?
1— -
7/ 7
7f
74's •
Total liabilities
Date of reopening
/7( 7‘
/
If so give:
2-I
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:
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
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. ...
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
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
v./
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
C
36 rut (1_
Qnt
•
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
5) State bank
1/
LI Trust company
LI Stock savings bank
Mutual savings bank
LI Private bank
•
6
1. Name of bank 4"--/
2. Date organized
et— Town or City
Date suspende
3. Federal reserve district
l 1-1 Population of town or city*
:
lember 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.
ounty
e
-
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
/
Real estate acquired in satisfaction of debts
7/1. k
/, F7.f
)
\0
Investments
All other resources
/1, 717- <7‘
4 _
y
I S
Total resources
Capital
/
‘o
Surplus and undivided profits
0 0
6 0 0
Deposits:
))1f
Due to banks**
Demand deposits, including U. S. Govt. deposits
gi 617
<-7z
Tune deposits, including postal savings
./q
Total deposits
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.
\D
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
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.
General claims
Total claims
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
1 V
Collections:
$ 3,
From liquidation of assets
From assessments on shareholders
6-Th
i,
Other collections (explain)
Total collections
•
'
s
1-/ ir/ 3 /
Offsets to claims (loans paid, etc.)
)1r,
od
Payments to depositors:
(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
General claims
Total claims
rf
/ 3 gel. `
R srb . 'if
1/ )'3i , g-1)
-..
'
1
?
/ & 4 O. sj
.r3
/
i
$I0. ..K
-13
,
L3 la,0 39
4 1 V 42.
/0 0
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?
y
If so, give dates and amounts of all assessments
41)
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
ri
National bank
gt-ate bank
[j] Trust company
111 Stock savings bank
r] Mutual savings bank
LI Private bank
own or City
2. Date organized
9
-0
Date suspended I
3. Federal reserve district
Population of town or city*
./Tember 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.
-L)
- (
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
33,y0
$
Real estate acquired in satisfaction of debts
\AO)
Investments
All other resources
3 (0
/1 -
/1 ,
1
Total resources
.c7774
r')
t6
/f- o06.0
Capital
/
Surplus and undivided profits
Deposits:
$
Due to banks**
Y-g
qL/.32_
Demand deposits, including U. S. Govt. deposits
il l 0
Time deposits, including postal savings
I cc13i,
Total deposits
$
)-7/ 0 \ri7,,a,
/
Borrowings from F. R. bank
Borrowings from other banks
Yff•
All other liabilities
Total liabilities
7. Has this bank been reopened?
74 aIf 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
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....
If so give:
10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
71
$
-6
/
7 7tril 4
From assessments on shareholders
Other collections (explain)
3,,,r 6'0
Total collections
7,
$
Offsets to claims (loans paid, etc.)
Payments to depositors:
(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
General claims
3 j7, -,7
2 "
3 6 p. y2
c )-". q 4
0)1,7‘ 2-6 )
2
6
Total claims. .. 3 ,P
7. Y 3
7. ),3
-6 f
3, I
I
- d7
3 Y )" 7
24, giy‘
3--0,,./.-27, >3
70 0
/ 0.
/b
c
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?
1 06. d
If so, give dates and amounts of all assessmentc
•
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
▪
ional bank
rUVState bank
11] Trust company
[11 Stock savings bank
• Mutual savings bank
El Private bank
1. Name of bank
Town or City
2. Date organized 10 -2 — °:Date suspendedJ;
3. Federal reserve district
County
Population of town or city*
Member or nonmember of F. R. Syste
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
LArIA-Q
A
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.
7Lb
6. Condition figures, as of (date*)
/
Loans and discounts:
On real estate
Other
Total loans and discounts
173 6
/ f77/
Real estate acquired in satisfaction of debts
Investments
\\V)
All other resources
/di
‘o
d
0
o
,ro 0.
Total resources
Capital
2Y
g
Surplus and undivided profits
Deposits:
Due to banks**
aV3
Demand deposits, including U. S. Govt. deposits
0/2. 4/7
Time deposits, including postal savings
(2-6
2 /
Total deposits
/7/0. y 0
$
Borrowings from F. R. bank
ifiv, go 0, IP
Borrowings from other banks
il
All other liabilities
Total liabilities
7. IIas this bank been reopened? 7/(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'
,1)
21
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
If so give payments to date:
9. Is this bank still in process of liquidation?
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...
7
// IYO/Y
7 7°
? 13. g-,
/
General claims. ... S.C 67).
7
,7
Total claims. . .. 13. 7.7 if
10.
•‘4,--
776.47
4, 7 13.t4'
"
3
- , J',, (• 7.
3, •KrF,.(e.
Has this bank been finally liquidated?
Date liquidation was completed
7A-A
(
/0.ii
...c:
‘
7 G,7._
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
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
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
0
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?
,
or
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
State bank
O Trust company
O Stock savings bank
• Mutual savings bank
O Private bank
1. Name of banl
/
2. Date organized j —
Town or City
-
c
9
County_(2=___
.
Date suspended / VW. )-/ Population of town or city*
'
3. Federal reserve district
A-3
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.
L)/to
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
Ai<
$
Real estate acquired in satisfaction of debts
\.9
\\°
Investments
0y
All other resources
,/6
7o .
o
(y/
0/ 37
Total resources
Capital
oo6
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
//fV
3, Yo V
Y3
(71 . 27
)
Tune deposits, including postal savings
Total deposits
$
Borrowings from F. R. bank
Borrowings from other banks
•
3 0
5- , yv. /(,)
3
All other liabilities
Total liabilities
7. Has this bank been reopened?
Ci
fL
3
‘. VI
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
Per cent of loss
to claims
Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
/t
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. . ..
Preferred claims...
General claims. . .
Total claims. .. .
OF- 10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
'723
$ P- 3
C,6,“27
From liquidation of assets
From assessments on shareholders
Other collections (explain)
7/ 3 5/K‘
Total collections
$
Offsets to claims (loans paid, etc.)
3_
77
/
Payments to depositors:
(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
General claims
Total claims
,I,Cyf 23
fl
3 7, 3Y?.7/ /.7, 73.4,
/,13 /3‘.7/ 22,37)1
/
P3,24)- 3
/Z476P.ys
/ 7,47. „PI
) 17
7 / 3 7-'
/Laut.J-po-D-6 er-u
a,S7
,S--0
6 Y- ,49J
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)
70'
Did the slow, doubtful
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
•
ational bank
PEState bank
O Trust company
O Stock savings bank
fl Mutual savings bank
O Private bank
1. Name of bad
2. Date organized
Town or City
--C)Ao/- /
Date suspende
3. Federal reserve district
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.
ounty
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
el0
,->t346
. ;3
7r
3 6
Other
Total loans and discounts
01
Real estate acquired in satisfaction of debts
/IV
• /
ifespestnion.t.s .
••
........
s--6,
All other resources
of
Total resources
3. 61
9V€2 . Jst
)
.1, 00 0.
Capital
Surplus and undivided profits
Us
b C3
3° I.
Deposits:
Z
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
1
7
5(13
$
Due to banks**
3
I L‘ ,
$
Total deposits
4 i 7TC, 37
Borrowings from F. R. bank
3 c (c,`
Z i 7 IT a-- 71
,
Borrowings from other banks
All other liabilities
Total liabilities
JW),
7. IIas this bank been reopened?
Date of reopening
11 -
?(/
If so give:
-
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
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
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
▪
265
National bank
Name of State
State bank
O Trust company
0 Stock savings bank
0 Mutual savings bank
0 Private bank
•
—
1. Name of bank
2. Date organized
3. Federal reserve district
-
Town or City
Date suspended
-
County &@--,1-1(
-CUL----
of town or city
SA-0
r-
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.
'YU
6. Condition figures, as of (date*)
f
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
All other resources
Total resources
P1 0 0 0. 0 6
Capital
Surplus and undivided profits
Deposits:
3,08y. C,
Due to banks**
or'
Demand deposits, including U. S. Govt. deposits
oes-i, 0 4
Time deposits, including postal savings
PrrirgiTMT______MARrefflc
/7
7,1 6 aZ
Borrowings from other banks
0
$
Total deposits
r)
----C
All other liabilities
.57 .5-2/ 6 0
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
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:
)
- 1
(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
-Y -Le-i
Other collections (explain)X-e.A ,
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
iy2.-- y
..7/, 1.11.
--z.
,
2- 5- /3/. / 6
`'? //
;
/2
&P.
n
7
.7,z
ij, l'/.73
7
7
// i
ia, vsa, . 7,7
/K,I.73
6--,,
'2...-- (--
4 /
.....7
f•sz
L
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
4110
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
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
National bank
2 State bank
/0 Trust company
LI Stock savings bank
0 Mutual savings bank
Di Private bank
•
•
1. Name of bank74Wfh
2. Date organized
/1-/- /P 9/
3. Federal reserve district
/14`f1 ar/4,4
Date suspended /2-- •-56 30
6
4. Number of branches operated: In city of parent bank
•
Town or City /3-e_g
---L,•_,
County
Population of town or city*
Member or nonmember of F. R. System
-'1zz.,(7-77LJ
.
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/
- ,,
7((1 7 %---
6. Condition figures, as of (date*)
n - ,50- 36
Loans and discounts:
On real estate
Other
7
/
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
/6, '7J-/. 29
All other resources
/29, 76
Total resources
Capital
6 6, 000. 00
-
Surplus and undivided profits
eZ !, 2- 2 /,
Deposits:
$
Due to banks**
11/
7,17,
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
,
C
/
((,
6
1.c.i
$
Total deposits
kr;2 1 7.
/
/6
Borrowings from F. R. bank
Borrowings from other banks
2
1, g,7, 3?
All other liabilities
•9/,
) //Z,.
Total liabilities
7. Has this bank been reopened?
3. 4,6
•
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.
(J
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
4
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
/_ 3f
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
‘3,7/g.S'
/19. Y. (
3
/ V-. Mi.ko
10. Has this bank been finally liquidated?
kd
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claim (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,
drought, 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)
Name of correspondent (Name)
Failure of large debtor (Name)
rz(4,)-v-rt-T
Other causes, (specify)441,0
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
/7
/ 0-0
eLL
La4,04
tc-vv J
It,
•
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
•
23
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
NpiOnal bank
Name of State
IBIState bank
0 Trust company
0 Stock savings bank
0 Mutual savings bank
0 Private bank
•
7
1. Name of bank_80- L1
2. Date organized /0 —)4 — //
Town or Cityd.County
Date suspended
4— crY
3. Federal reserve district
Population of town or city*
lember 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.
31
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$
Total loans and discounts
o
3
/, 7 10 A 0
Real estate acquired in satisfaction of debts
Investments
All other resources
/4 1 1.Ij
7, 20,
if 4/
Total resources
/
Capital
y
0 6 a
Surplus and undivided profits
0
o
y
Deposits:
/
Due to banks**
Demand deposits, including U. S. Govt. deposits
/1
4v
Tune deposits, including postal savings
7
,
$
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
ec6 oc
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.
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
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
410
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
LI
ational bank
[3'State bank
O Trust company
0 Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of bank
2. Date organized
a
iq
Date suspended
3. Federal reserve district
Town or City_County
/..C.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. \Vas 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.
/0
6. Condition figures, as of (date*)
—/
—
Loans and discounts:
On real estate
Other
Total loans and discounts
$
,2 17
Real estate acquired in satisfaction of debts
,
3
/
y
7)-7 96
. o
Investments
476.57
2c
4
All other resources
Total resources
//
4114
S7),
Capital
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
4,
3
/)-3 /6
. /.(
V d'7
(
$
Total deposits
/
fi
Ja
i—
Borrowings from F. R. bank
/7
,
Borrowings from other banks
11°t
y3 3,.4
3)-2. ei
All other liabilities
Total liabilities
7. IIas 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.
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
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
or agriculture?
H 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 assessmentc
410
.
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
Name of State
State bank
LI Trust company
111 Stock savings bank
111
Mutual savings bank
El Private bank
•
1. Name of ba
(A,CL t ') )e) trI(1-1-\
-
2. Date organized
3. Federal reserve district
-
Date suspended
Town or City -
Y. T-_-___i___Population of town or city*
.
Member or nonmember of F R System_ Mt
\
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
/
I/
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
c
3 C7
Real estate acquired in satisfaction of debts
(\
Investments
All other resources
-2-
'774
•
33V, ta
Total resources
Capital
00
Surplus and undivided profits
/of
Deposits:
Due to banks**
$
67
.1
Demand deposits, including U. S. Govt. deposits
(i9 /<//, y
)
Tune deposits, including postal savings
-7
1/ ()t 3, 73
Total deposits
°
$
Borrowings from F. R. bank
Borrowings from other banks
Y3, ,ro /, 77
All other liabilities
`
-5-3 fl
! Sl•
Total liabilities
2'
7. Has this bank been reopened? 1
Date of reopening
Name under which reopene
Loss to depositors on:
If so give:
t
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
Total payments
Per cent of payments
to claims allowed
_
Secured
claims
Preferred claims
General claims. ..
Total claims
ill
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
Dividends paid from
collections
Payments from
guaranty fund
claims
Preferred claims.
General
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 assessmentc
•
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
2/State bank
[j] Trust company
LI Stock savings bank
0 Mutual savings bank
Ill Private bank
•
1. Name of ban
2. Date organized
Town or City
t
Date suspended
3. Federal reserve district
(-1-) hi °---Y•-- County
T \
Population of town or city*
Member or nonmember of F. R. System_ t-1
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.
6. Condition figures, as of (date*)
1/A
- 7
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
\``)
Investments
4
All other resources.
4-
Total resources
Deposits:
Due to banks**
.. $
°
Demand deposits, including U. S. Govt. deposits.....
Time deposits, including postal savings
7 2-
Total deposits
(7 9 9127
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' 6
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
AA
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
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
8,
$
o y,
/e
From assessments on shareholders
Other collections (explain)
37-, 713,
Total collections
$
Offsets to claims (loans paid, etc.)
fo
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. . . .
1 7/‘ -- -2
Preferred claims
/,,,
General claims
or6, 37 •
Total claims
4i27
3
/ ..., f2).(
I 2-1) 3
2/.
//
Ii
i
7 .
- l /*- 0
17/
2-4.4 ig .2
"
.,/
7
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?
A-LLC). o
X73
If so, give dates and amounts of all assessments
(
6
try._ ct
LI- •(-2-- 0-
41
,
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
•)1tional bank
EV State bank
O Trust company
O Stock savings bank
O Mutual savings bank
O Private bank
•
1. Name of ban130-1/\--k,
2. Date organized 9
3. Federal reserve district
Town or City
'
Population of town or city* - ) sc 0
t=' Date suspende
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
6. Condition figures, as of (date*)
4 --2 —
)
Loans and discounts:
On real estate
/LI/ 15
67r
Other
Total loans and discounts
$
(
I (i1 /5/7.- 7
ff.I7
\\9
Real estate acquired in satisfaction of debts
Investments
All other resourc
Total resources
Capital
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
3
-
Tune deposits, including postal savings
o„8?4--.
Total deposits
$
71 if)
Borrowings from F. R. bank
31 "),73
Borrowings from other banks
3(0‘.
L.
All other liabilities
Total liabilities
7. IIas 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.
•
96,6rd
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
PD,/7
9. Is this bank still in process of liquidation?
If so give payments to date:
(Miounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims
)-ig.
3 24.S st
Preferred claims
t6 .204_...c
0
(o ")/ .43
General claims
('' 1
Total claims
it
4,
4-, to.31.1
4,
Lq 8.4_7 , (031. I
)
10. Has this bank been finally liquidated?-11- °
Date liquidation was completed
74,IV
?4().L,
L.
,. ,
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)
.4/1.61--c--0-A--.
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
48cho
c)
10,,
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
Ej I,ational bank
WrState bank
0 Trust company
O Stock savings bank
• Mutual savings bank
O Private bank
•
1. Name of ban
2. Date organized
Town or City &';'
1A-?-"vt--- County
2-0i 3- o
..c.Date suspended.5
Population of town or city*
NIember or nonmember of F R. System
3. Federal reserve district
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.
7/7
6. Condition figures, as of (date*)
-
-
Loans and discounts:
On real estate
4<-
Other
.??. 37
3 g).
$
Total loans and discounts
/
Real estate acquired in satisfaction of debts
\o
\
\
Investments
1-;
01
All other resources
1 1
I
Total resources
)
00.
j 00
Capital
.cLr.
Deposits:
Due to banks**
$
e
f ls)g,-7
Demand deposits, including U. S. Govt. deposits
/4.
Time deposits, including postal savings
1 1 "n
Ll
6
$
Total deposits
(I)
Lb L. <
•
Borrowings from F. R. bank
Borrowings from other banks
(1
)
All other liabilities
velaNLIP
Total liabilities
3
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.
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 dat
9. Is this bank still in process of liquidation?
4
/
i.„____1.A.._
ounts in dollars)
Claims allowed
Dividends paid from
collections
3,osil.)
Payments from
guaranty fund
3, 0/ ob(A3
Total payments
Per cent of payments
to claims allowed
Secured claims
Preferred claims
General claims
s17 i/37. >0
,
Total claims
4 0, v8)-7 3
3t fo/b.q 3
re/
gf,
.3g,
.
.5 if; strA . y
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
V
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
ii•
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
^
-
s
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
Eli)1dtional bank
Name of State
r!r State bank
7
Di Trust company
0 Stock savings bank
0 Mutual savings bank
•
0 Private bank
•
(9 kA-/rAtA.0 /30-74/Town or Cit,\SCounty2- 1
c
1. Name of banlLi
)1- 1-e-a-•
2. Date organized
3-o
Date suspended
3. Federal reserve district
Population of town or city*
lember 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.
Wt
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
\o
Investments
All other resources LI>cC QC*
(20:6"Total resources
Capital
Surplus and undivided profits
Deposits:
$
Due to banks**
/47
/
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
-
z/7L. 6 )
19 o 3 6,
37, 4),/,
Total deposits
Borrowings from F. R. bank
•
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
/600,7*
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:
S. Has this bank been taken over by another bank?
0
4t,074-01- 14/
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
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims
General claims
Total claims
ilk 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
410
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
12/ State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of ba
2. Date organized
Town or City
Date suspended
3. Federal reserve district
'
e• 7-
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
/
? c)
6. Condition figures, as of (date*)
---\---1-- c.,
Loans and discounts:
On real estate
$
Other
Total loans and discounts
\\11-.
Real estate acquired in satisfaction of debts
Investments
// Ter-0 . (f-T?j
,-/
All other resources
/0 /
Total resources
)/ . ilZ
/QC(9
$
s 6 ,/, y
a
7 ,--/
t.ifa
t. / 6
--/- /
7/< Cn . (r---O
Capital
C, 3 I. 13
‘
Surplus and undivided profits
Deposits:
$ 6 )- y /
, (
-
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
-17/
Total deposits
4-
II, \ro
$
4 ' 1'
7
Borrowings from F. R. bank
-
Borrowings from other banks
,. (s -N
---
40
(I 6
- •
All other liabilities
Total liabilities
7. Has this bank been reopened?
\ r-i \
i
(o 3
L. 1 o
/
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
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. ...
11, 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 •
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 assessmentc
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
0 Trust company
El Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of bank
0
2. Date organized
Town or City
Date suspended_L2
3. Federal reserve district
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.
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
$
0// 4 /it
1 7
/70,e.
Real estate acquired in satisfaction of debts
c`
Investments
D 0 7,
All other resources
ort
Total resources
/
/e.5e
Capital
Surplus and undivided profits
. O 0
d- 7
7
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
/A /
i
Tune deposits, including postal savings
/ 7 Yo ‘.
Total deposits
1g
$
47/ ‘. Y3
7
Borrowings from F. R. bank
/0 27,9
/
1,r
Borrowings from other banks
6 7.7
6
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.
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
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims
a l‘t,tY
_
.5 4 )--7, 4 ,,z
4,Zave
Preferred claims
iJg
—..( 0 -2
/
General claims
,a 7
,
Total claims
Z
..
I
10.
• Has this bank been finally liquidated?
Date liquidation was completed
27
A9
< 5' Yq.‘ v
g, 07e./02-
1 o, 4. //1._
, g .7
17,,f‘
‘. X
a
/00
7
a._ /
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 •r otherwise, on the directors or stockholders either before or after the
bank suspended?
e00,
411
If so, give dates and amounts of all assessments
0
-7•J
e.tt
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
State bank
0 Trust company
LI Stock savings bank
0 Mutual savings bank
0 Private bank
•
1. Name of ban
2. D ate organized
/ (kTown or City
Date suspended
3. Federal reserve district
d.
Population of town or city*
Member or nonmember of F. R System__ '
71- 47A-----
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
)71-4----
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
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Lie ,Sib,7g
)
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
All other resources
Total resources
Capital
Surplus and undivided profits
Deposits:
Due to banks**
$ 4Z,
Demand deposits, including U. S. Govt. deposits
04 .a
7
/// 033.76
Time deposits, including postal savings
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
/
7,
All other liabilities
5 3)-1. t,
3,
Total liabilities
7. Has this bank been reopened?
Date of reopening
3/7
If so give:
—
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
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
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
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
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 t)
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
111
[
National bank
tate bank
-
• Trust company
El Stock savings bank
O
Mutual savings bank
• Private bank
1. Name of bank/1---A-r
,
i
2. Date organized S -1!)
Town or City/6
:
)
4A-6A-
Y" Date suspended _l A
3. Federal reserve district
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
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
•
Real estate acquired in satisfaction of debts
SQ/ dc'
•
‘\
i
In-vestments-
7,
All other resources
7
///,
Total resources
0
14, C c e
Capital
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
7.77/ /
// 97716
C I•
Tune deposits, including postal savings
Total deposits
Jp • 5)
-
Borrowings from F. R. bank
‘,/
Borrowings from other banks
//g.
All other liabilities
/1, /0,
Total liabilities
7. Has this bank been reopened?
Date of reopening
/ 77
If so give:
/4
--
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
Total payments
Per cent of payments
to claims allowed
_
Secured
claims
Preferred claims
General claims
Total claims
•,..
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
Dividends paid from
collections
claims
Preferred claims
General claims
Total claims
____
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)
)22.)7P7
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
—‘k
•
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
16
O National bank
Name of State
If State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
GEORGIA
O Private bank
•
1. Name of bank Butler Bankin a Company
2. Date organized
May 20,1912
3. Federal reserve district
Date suspended
6
Town or City Butler
1921
Population of town or city* 1,000
Member or nonmember of F. R. Systern_
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 Taylor
No.
Non
Dec. 15, 1920
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
$
Other
21 605 34
142 133 20
Total loans and discounts
$
Real estate acquired in satisfaction of debts
0
\
\\9
Investments
All other resources
.
Including P & L of $38.66
I\To 73g
I-63
None
54
5 000 00
20 413 00
185 151 54
Total resources
15 000 00
Capital
Surplus and undivided profits
8 000 00
Deposits:
1 687 70
Due to banks**
Demand deposits, including U. S. Govt. deposits
57 759 70
Tune deposits, including postal savings
14.9 392 13
Total deposits
108 839 53
None
Borrowings from F. R. bank
57 312 01•
Borrowings from other banks
All other liabilities
None
Total liabilities
7. IIas this bank been reopened?
Date of reopening
lgg i5_1 511
Yes
If so give:
5-214-21
Name under which reopened Butler Banking Company
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
•
Preferred claims
General claims
Total
NONE
* 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
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
X
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
•
etional bank
Et" State bank
0 Trust company
O Stock savings bank
O Mutual savings bank
O Private bank
•
1. Name of baIT
2. Date organized
3. Federal reserve district
Lt
(k1/ Town or City
)A
Date suspended
-/(
Population of town or city*
1\,1ember or nonmember of F R System__
4. Number of branches operated: In city of parent bank_
Outside city of parent bank**
•
1t
/
)
bank
5. Was thi .)1 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.
Count
\rf
6. Condition figures, as of (date*)
/6 -
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
7, 3`?
.....
All other resources
- f4_J_O-r---y---/--1
Total resources
/ , 0 o 0. 0
Capital
;.;
•
0
refits
Deposits:
Due to banks**
$
7-2
Demand deposits, including U. S. Govt. deposits
7o, 0 17, 7,/
9
Tune deposits, including postal savings
71/ S.
$
Total deposits
/
73,w7,1_
Borrowings from F. R. bank
/ Vi
Borrowings from other banks
P-2/1. 0/
All other liabilities
Total liabilities
7. Has this bank been reopened?
/6 • 2 /
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.
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?
mounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
claims
7 zar 63
)
Preferred claims
,
/L 7 /I/ .3,),
General claims
/A I
Total claims
'7,4 3
Z4
/
7 ili ‘
i
,
a so /.
72
8,6, / 6. y p
z
646,74 77-ro .). .
/() 0
,/
-3
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)
.4A/rtice." "/
4
.-11-(-4-er
4 1
a..
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
LI National bank
Name of State
D.4tate bank
Trust company
0 Stock savings bank
•
fl Mutual savings bank
LI Private bank
•
1. Name of ban
2. Date organized
3. Federal reserve district
Town or City
Date suspendedli-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**
city
•
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.
- 7K
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
7S
),
$
LI
Real estate acquired in satisfaction of debts
Investments
All other resources
,57-3
/
YS
2
1
2 / /(4.
Total resources
f:>
Capital
0o
o
,
Surplus and undivided profits
Deposits:
$
Due to banks**
60
-
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
/6
/
( 1.
0
$
Total deposits
?7
0/,Y.
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
7
1 I
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
0
-TN
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
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)
./-/d,
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 assessrrtents, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessmentc
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
Tational bank
Mr State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
4
1. Name of ban
Town or City
Count3C11./
1'
2. Date organized \ ) '•- - - 1 Date suspended ' L -1:1 Population of town or city*
\\ 1
3. Federal reserve district
Co
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.
6. Condition figures, as of (date*)
//—
Loans and discounts:
On real estate
/r,
Other
411'Y
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
../
1773 ;7
1r
1
All other resource&
Total resources
6
7- -4— 2 I
4
c)
Capital
14°
Ono. 0 0
‘44-‘
7
4
gaFpitte-tantl-tmdivided-profits.
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
A30 -..4/3
2
//,
377.71
Total deposits
g
k. 2-7
Borrowings from F. R. bank
Borrowings from other banks
sot. -7(
All other liabilities
,
i O 6‘
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?
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.
4/447
r.2
If so give:
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
,
)-1- To
Preferred claims
if,ro
/4 i-(6
General claims
10 L2•6 7
1.1
7, 97'.4 3
71 Y7L. 4 3
Total claims
/0 6/7
,1F(
7, 7h.1 g
7,6/1 A i 3
to.
Has this bank been finally liquidated?
/0
O.
7JC 0 -
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
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
4110,
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 assessmentc
*
UY-JIAA
@FedFRASER