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421.11-6 - Bank Suspensions Since Jan 1 1921
Nonmemoer State Banks Illinois N-Z
Committee on Branch Group & Chain BanKing

al
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
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

[1] National bank
Namc of State

J

State bank

o

170

Trust company

O Stock savings bank
• Mutual savings bank

Illinois

D Private bank

1. Name of bankFirst

2. Date organized_

Trust and Savings Bank grrArn or City

2/2_09

3. Federal reserve district

Date suspended

7

0/30

Nauvoo

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**

965
NO

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.




Hancock

No

9/4 3
/0

6. Condition figures, as of (date*)
Loans and discounts:

$

On real estate

20.650
11-74-*771.15

Other

1i-954421.15

Total loans and discounts

12,000.00

Real estate acquired in satisfaction of debts
Investments

51.062.gg

All other resources

558,4g4.03

Total resources
Capital

3.5
4000.00

Surplus and undivided profits

17,525.
11-3

Deposits:
Due to banks**
$2 223.a

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

331,077.02
413,300.90

Total deposits
Borrowings from F. R. bank

9L900.00

Borrowings from other banks

1,157,70

All other liabilities

5544.03

Total liabilities
7. Has this bank been reopened?

No

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:

Yes

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

91,500.

Secured claims

Total payments

Per cent of payments
to claims allowed

None

Preferred claims

None

None

General claims

None

None

91,500.

None

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 claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Secured claims
Preferred claims
General claims
Total claims




_

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Ii. 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

x

Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Name of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

os-

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known.

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

9
Name of State

01] State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

ILLINOIS

O Private bank

1. Name of bank New Canton State Bank

2. Date organized

3-12-18

3. Federal reserve district

Town or City New Canton

Date suspended 12-14-29

8th

County

Population of town or city*

Member or nonmember of F. R Systern_

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.




No

Pike

540

No

12-14-29

6. Condition figures, as of (date*)
Loans and discounts:

$

On real estate
Other

15,326.00
209,482.38

Total loans and discounts

224,808.38

Real estate acquired in satisfaction of debts

12,500.00

Investments

5,000.00

All other resources

9,526.88

Total resources

251,835tU__

Capital

25,000.00

Surplus and undivided profits

29,621.42

Deposits:
$

Due to banks**

464.56

Demand deposits, including Ti. S. Govt. deposits

98,878.68

Time deposits, including postal savings

73,R70.60

Total deposits

173,213.R4

Borrowings from F. R. bank
Borrowings from other banks

24,000.00

All other liabilities
Total liabilities
7. I-Ias this bank been reopened?
Date of reopening

Secured claims

Yes

If so give:

1-20-30

Name under which reopened
Loss to depositors on:

251,835.26

Same name
Amount of loss

Per cent of loss
to claims

None

Preferred claims
General claims
Total

If

rt

* 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)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims
General claims. . ..
Total claims. . ..

10. Has this bank been finally liquidated?

If so give:

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?

x Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion ?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




lc

No

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
E] National bank
State bank
Fi Trust company
• Stock savings bank

•

• Mutual savings bank
• Private bank

1. Name of bank

2. Date organized

Peoples State Bank of

12-16-20

3. Federal reserve district

Date suspended

8

4. Number of branches operated: In city of parent bank

Town or City New Haven

7-16-28

Population of town or city*

Member or nonmember of F. R System_

None

Outside city of parent bank**

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




County

No

Gallatin

570

Non

7-16-28

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other

65,484.93
$

Total loans and discounts

65,484.93

Real estate acquired in satisfaction of debts
Investments
All other resources

40,660.00
106,144.93

Total resources

15,000.00

Capital

9,000.00

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

53,819.00

Time deposits, including postal savings

28,325.93
82,144.93

Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities

106,144 93
.

Total liabilities
7. Has this bank been reopened?

No

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?

No

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
7,764.45

7,764.45

7,764.45

100

General claims

69,954.95

20,940.27

20,940.27

30

Total claims

77,719.40

Preferred 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)
Death of Cashier

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




NO

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
f.

0

O National bank

Name of State

in State bank
O Trust company
O Stock savings bank

•

O

Illinois

Mutual savings bank

O Private bank

1. Name of bank

2. Date organized

New Salem State Bank

6-17-20

3. Federal reserve district

Date suspended

Town or City

6-8-27

New Salem

County

4. Number of branches operated: In 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.




250

Population of town or city*

NIember or nonmember of F. R System

Outside city of parent bank**

Pike

NO

No

6-8-27

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

61,548.35

Other

$

Total loans and discounts

61,54.8.35

Real estate acquired in satisfaction of debts
Investments
18,151.71

All other resources

79,700.06

Total resources

15,000.00

Capital

657.34

Surplus and undivided profits
Deposits:
670.27

Due to banks**
Demand deposits, including U. S. Govt. deposits

42,740.26

Time deposits, including postal savings

11,630.26
$

Total deposits

55,04.0.79

Borrowings from F. R. bank
9,000.00

Borrowings from other banks

1.93

All other liabilities

79,700.06

Total liabilities
7. has this bank been reopened?

no

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
YeS

9. Is this bank still in process of liquidation?

If so gi payments to date:
•ve

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

9,000.00

9,000.00

9,000.00

100

3,856.22

3,856.22

3,856.22

100

General claims. . ..

29 ,3.4, .67
8

15,677.32

15,677.32

Total claims. ...

42,004,89

Secured claims
Preferred claims

el
Or
(.---

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
X

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?

Agriculture

If so, state what industry or type of agriculture Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?




No

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

f] State bank
O Trust company
O Stock savings bank

•

O

ILLINOIS

Mutual savings bank

O Private bank

1. Name of bank

2. Date organized

Nokomis State Bank

6-27-14

3. Federal reserve district

Date suspended

8th

Town or City

2-6-30

Nokomis

County Montgomery

Population of town or city*

-NIember or nonmember of F R System

4. Number of branches operated: In city of parent bank_

None

Outside city of parent bank** n

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

3 465

No

6. Condition figures, as of (date*)

2-7-30

Loans and discounts:
$

On real estate
Other

118,052.60
213,801.00

Total loans and discounts

331,853.60

Real estate acquired in satisfaction of debts

53.005.01

Investments

23,889.84

All other resources

19,329.67

Total resources

428,078.12

Capital

50,000.00

Surplus and undivided profits

7,415.75

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

81,871.90
257,950.47

Total deposits

$

339,R22.37

Borrowings from F. R. bank
Borrowings from other banks

30,000.00

All other liabilities

840.00

Total liabilities
7. Has this bank been reopened?
Date of reopening

428,078.12
Yes

If so give:

6-10-30

Name under which reopened

Same name

Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims A loss of $75,000
Preferred claims sustained by depositors
General claims
Total

thru waiver
Und-termined

* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.




8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

If so give payments to date:
(Amounts in dollars)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_

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... 100,9.;

50,000.00

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
or agriculture?

Mining

If so, state what industry or type of agriculture

Coal

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ?

x

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




x

Yes

If so, give dates and amounts of all assessments

Juno 1930--PO'i stookhomers assessment $50,000

•

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
El Trust company
fl Stock savings bank

S

[1] Mutual savings bank

LI Private bank

Oak Park

1. Name of bank Central Oak Park State Bank Town or City

'
2. Date organized 3' 27
7

Date suspended

3. Federal reserve district

7

7-26-30

Cook
County

Population of town or city*

No
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.




63,819

No

6. Condition figures, as of (date*)

7-26-30

Loans and discounts:
26,058.40

On real estate

14-3,942.86

Other.

170,001.26

Total loans and discounts

10,066.36

Real estate acquired in satisfaction of debts

27,147.00

Investments

63,403.35

All other resources

270,617.97

Total resources

100,000.00

Capital

15,429.17

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

72,239.94

Time deposits, including postal savings

40,053.70
112,293.64

Total deposits
Borrowings from F. R. bank

30,000.00

Borrowings from other banks

12,895.16

All other liabilities

270,617.97

Total liabilities
7. Has this bank been reopened?

No

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
Yes

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

0,000.00
3

Secured claims
Preferred claims

None

None

Per cent of payments
to claims allowed

None

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 claim (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Secured claims.
Preferred claims
General claims. . . .
Total claims.. ..




,

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

e

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
Helvy withdrawals of deposits
Failure of affiliated institution (Name)
Name of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify) Slow, doubtful and. wo rthless paper

x

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture
Farming

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?

Not known.

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

Eg

Name of State

State bank

O Trust company
O Stock savings bank

•

O

Mutual savings bank

ILLINOIS

O Private bank

1. Name of bank Central Oak Park State Bank

2. Date organized

3-7-27

3. Federal reserve district

Date suspended

Town or City

11-15-29

7th

Oak Park

County

Population of town or city*

None
ft

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.




63,819

No

Member or nonmember of F. R. System

4. Number of branches operated: In city of parent bank

Cook

No

11-14-29

6. Condition figures, as of (date*)
Loans and discounts:

$ 65,800.00

On real estate
Other

360,094.03

Total loans and discounts

425,894.03

Real estate acquired in satisfaction of debts

10,066.36
102,127.75

Investments

58,088.46

All other resources
Total resources

596,176.60

Capital

100,000.00

Surplus and undivided profits

15,177.72

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

207,963.34

Time deposits, including postal savings

138,159.20
•
346,122.54

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

84,000.00

All other liabilities

50,876.34
596,176.60

Total liabilities

7. Has this bank been reopened?
Date of reopening

Yes

If so give:

-31130
Same name

Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

None

Secured claims

ft

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

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. .. .
Preferred claims
General claims
Total claims. .. .

10. Has this bank been finally liquidated?

If so give:

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?

.&riu1ture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




x

No

If so, give dates and amounts of all assessments

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921

•

Report on a separate schedule each bank closed to the public either temporarily or permanently
supervisory authorities or by the bank's board of directors on account of financial difficulties. This
by
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O

National bank
Name of State

OP State bank
O Trust company

fl Stock savings bank
[I] Mutual savings bank
[j] Private bank

1. Name of bank

Farmers State Bank

2. Date organized 3-19-08

3. Federal reserve district

Date suspended

7

4. Number of branches operated: In city of parent bank

Town or City

5-15-30

Orion

Henry

Population of town or city4613

Member or nonmember of F. R. System____110_____

none

Outside city of parent bank**

nine

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.




County

T,To

5-15-30

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

$

79,054.05
272,873.92

Other

$

Total loans and discounts

351,929.97

Real estate acquired in satisfaction of debts

19,102.33

Investments

50,264.73

All other resources

58,155.21
479, 32.24

Total resources
Capital

30,000.00

Surplus and undivided profits

52,224.56

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

285,4-G -2S
81,741.45

Total deposits

$

367.207.68

Borrowings from F. R. bank
' Borrowings from other banks

30,000.00

All other liabilities
47,),432.24
(

Total liabilities

7. Has this bank been reopened?

IT

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.




ITo

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

30,', 00.0

30,000.00

30,000.00

100

General claims

303,171.1

106,088.89

106,088.89

35

Total claims

333,111.1

Secured

claims

Preferred claims..

Li t

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims. . ..
Preferred claims
General claims. . . .
Total claims




Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

,Primary
cause

Contributing
cause

Decline in real estate values

•

Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
X

Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agri culture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenTTot known

sion ?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
TO

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

it] State bank
O Trust company

O Stock savings bank
0 Mutual savings bank

O

Illinois

Private bank

1. Name of bank

2. Date organized

H. N. Schwier State Bank Town or City

32-29-1905

3. Federal reserve district

Date suspended

7

2-6-30

Pana

Population of town or city*

Member or nonmember of F. R. System_

4. Number of branches operated: In city of parent bank

None

Outside city of parent bank**

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




County Christian

No

6122

NO

2630
——

6. Condition figures, as of (date*)
Loans and discounts:

7 ,5711-.07
11-2

On real estate

1,325,952.63

Other

2,068 ,526.70

Total loans and discounts
47

Real estate acquired in satisfaction of debts
67,500.00

Investments

356,347.3.3.

All other resources

2,292,373.81

Total resources

200,000.00

Capital

3o,766.18

Surplus and undivided profits
Deposits:

510,66

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

592,03.63

1,335,698.21

Total deposits

$

0
1 p92 p2
/4 5P.5

Borrowings from F. R. bank
125,000.00

Borrowings from other banks

8,355.1
3

All other liabilities

2,292,373.81

Total liabilities
7. Has this bank been reopened?

No

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.




NO

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
Yee

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

(r

Secured claims. ..
Preferred claims
General claims

___.

'51
Total claims...

_

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims
General claims
Total claims




Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

,Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
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?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




NO

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

175

0 National bank

gi

Name of State

State bank

O Trust company
O Stock savings bank

•

O

Mutual savings bank

Illinois

O Private bank

L Narneofbarik Pawnee State Bank
2/19/29
2. Date organized

3. Federal reserve district

Date suspended

7

Town or City

9/0
1
0

Pawnee

Sangamon
County_
1,200

Population of town or city*

Member or nonmember of F. R. System__N°
None

4. Number of branches operated: In city of parent bank_

Outside city of parent bank**

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




No

9/1g/30

6. Condition figures, as of (date*)
Loans and discounts:

$ 28,060.00

On real estate
Other

111.5,799.33

173,g59.33

Total loans and discounts
Real estate acquired in satisfaction of debts

56,25741

Investments

11,300.00

All other resources

79447.56

Total resources

320,563.90

Capital

50,000.00

5.g30.39

Surplus and undivided profits
Deposits:
Due to banks**
110,345.95

Demand deposits, including U. S. Govt. deposits

g2,297.97

Time deposits, including postal savings

192,643.92

Total deposits
Rediscounts

Borrowings from F. R. bank

12,112.00

Borrowings from other banks

40,000.00

All other liabilities

19,977.59
320,563.90

Total liabilities
7. Has this bank been reopened?

No.

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?

If so give payments to date:

Yea

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

lio,000.00

Secured claims
Preferred claims. ..

Total payments

Per cent of payments
to claims allowed

None

None

None

General claims.. . . 3.47,655.23

None

10,655.23

Nnne

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 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
L 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)
Other causes, (specify) Depleted cash reserve.

X

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
Agriculture
or agriculture?
If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known
sion ?
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
Name of State

ai State bank
O Trust company

O Stock savings bank

•

O

Mutual savings bank

ILLINOIS

D . Private bank

1. Name of bank_ PAYSON

2. Date organized

SAIIZ S BANK Town or City PAYSON
VSTAE
N

12/13/20

3. Federal reserve district

Date suspended

11/111/30

8

4. Number of branches operated: In city of parent bank

"
County ADA

Population of town or city*

Member or nonmember of F. R System

None

Outside city of parent bank**

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




No

453

No

11/14/1930

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

34.950.00

Other

60.713.90
$

Total loans and discounts

95,66300

Real estate acquired in satisfaction of debts
100.00

Investments

50,984.46

All other resources

146.748.36

Total resources
Capital

25,000.00

Surplus and undivided profits

14.857.78

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

31,880.84

Time deposits, including postal savings

75,009.74
$

Total deposits

106,890.58

Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
146,748.36

Total liabilities
yes

7. Has this bank been reopened?
Date of reopening

4/2/31

Name under which reopened
Loss to depositors on:

If so give:

Payson State Savings Bank
Amount of loss

Secured claims

None

Preferred claims

to

General claims

Per cent of loss
to claims

te

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?

No

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

None

Secured claims
Preferred claims. . .

Per cent of payments
to claims allowed

None

go

,•

n

General claims

Total payments

«
a

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 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

k 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)State Savings, Loan & Trust
Failure of large debtor (Name)

Co., Quincy, Ill.)

Other causes, (specify)

•

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

,Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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
IZJ State bank
O Trust company

O Stock savings bank

•

O

Illinois

Mutual savings bank

O Private bank

1. Name of bank

2. Date organized

First State Bank

10-13-19

3. Federal reserve district

Town or City

Date suspended 4-12-30

8

Pittsburg

County

Population of town or city*

Member or nonmetnber of F. R. System

4. Number of branches operated: In city of parent bank_ No

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.




0

670

Non

4-12-.30

6. Condition figures, as of (date*)
Loans and discounts:

$ 5,478.46

On real estate

43,860.68

Other

$ 49,339.14

Total loans and discounts
Real estate acquired in satisfaction of debts

20,564.00

Investments

43,027.35

All other resources

32,864.33
145,794.82

Total resources
Capital

30,000,00

Surplus and undivided profits

20,958.26

Deposits:
$ 2,641.74

Due to banks**
Demand deposits, including U. S. Govt. deposits

42,474.88

Time deposits, including postal savings

44,179.94
$

Total deposits

89,296.56

Borrowings from F. R. bank
5_,000.00

Borrowings from other banks

540.00

All other liabilities

145,794.82

Total liabilities
7. Has this bank been reopened?

No

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?

No

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?

Yes

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

5,000.00

5,000.00

5,000.00

100

General claims. . . 66,637.79

13,327.50

13,327.50

20
/

Secured claims
Preferred claims

71,637.79

Total claims

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured

claims

Preferred claims
General claims. ...
Total claims




Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc

•

Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
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?

Mining

If so, state what industry or type of agriculture

Coal mining

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

3'

• National bank
Name of State
DE State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

ILLINOIS

O Private bank

1. Name of bank

Home State Bank of

2. Date organized

12-44-20

3. Federal reserve district

Town or City Princeville

Date suspended 4-25-29

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**

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 Peoria

No

1035

No

4-24-29

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

$ 191,889.06
346,080.23

Other

$ 537.969.29

Total loans and discounts
Real estate acquired in satisfaction of debts

39,391.26
\ 1,038.99

Investments

46.566.58

All other resources

624,966.12

Total resources
Capital

50.000.00

Surplus and undivided profits

121639.55

Deposits:
Due to banks**
Demand deposits, including Ti. S. Govt. deposits

174,721.17

Time deposits, including postal savings

357.602.40
$ 532,323.57

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

30,000.00
3.00

All other liabilities

624,966.12

Total liabilities
7. Has this bank been reopened?
Date of reopening

Yes

If so give:

6-11-29

Name under which reopened First State Bank of Princeville
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

None

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?

(Amounts in dollars)
Payments from
guaranty fund

Dividends paid from
collections

Claims allowed

Total payments

Per cent of payments
to claims allowed

_
Secured

Liability to

claims

Stockholders

Preferred claims...

only

General claims
Total claims... .

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured

claims

Preferred claims
General claims
Total claims ,




Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

iPrimary
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)

.uten liros.

•

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

FRrmins

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended? NO




I

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

f

National bank
Naine of State

0 State bank
0 Trust company
O Stock savings bank

•

O

ILLINOIS

Mutual savings bank

O Private bank

1. Name of bank

2. Date organized

SOUTH SIDE STATE SAVINGS Town or City
BANK OF QUINCY
12/13/20

Date suspended 11/14/30

QUINCY

County ADAMS

Population of town or city* 39,221

8
3. Federal reserve district

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

None

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




No

Member or nonmember of F. R. System

No

6. Condition figures, as of (date*)

11 14/30
/

Loans and discounts:
$

On real estate

331,26.42
74.147.26

Other

405.573.68

$

Total loans and discounts
Real estate acquired in satisfaction of debts

57.057.25

Investments

208,044.20

All other resources

670,675.13

Total resources

50,000.00

Capital

8629.42

Surplus and undivided profits
Deposits:
Due to banks**

47.707.18

Demand deposits, including U. S. Govt. deposits

549.891.01

Time deposits, including postal savings

597.598.19

$

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

14.547.52

All other liabilities

670.675.13

Total liabilities
Yes
7. Has this bank been reopened?
4/2/31
Date of reopening
Name under which reopened
Loss to depositors on:
Secured claims

If so give:

South Side State Savings Bank of Quincy
Amount of loss

Per cent of loss
to claims

None

Preferred claims
General claims

of

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
No

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. ...

None

NOM

n

n

N

N

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 claim (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,
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 CName)
State Savings. Loan & Trust
.
Name of correspondent (Name) Co. Suincy, Illinois
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?

Varied

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?

Not known.

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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
Name of State

• State bank

1

O Trust company
O Stock savings bank
D Mutual savings bank
D

Illinois

Private bank

1. Name of bank_P,ock City State Bank

2. Date organized

2-18-11

Date suspended_

Rook City

Town or City

12s-2-30

CountyStephenson

Population of town or city*

159

7
3. Federal reserve district

Member or nonmember of F. R. System__ No

4. Number of branches operated: In city of parent bank

None

Outside city of parent bank**

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




NO

6. Condition figures, as of (date*) 12-2-30
Loans and discounts:
On real estate

50,900.00

$

g1,735.3g

Other

.

,/ $ 132,635.3g

Total loans and discounts

--"- ' 16,705.00
'
-4

Real estate acquired in satisfaction of debts

205,0144.80

Investments

11-1,027.95

All other resources

395,413.13

Total resources
Capital

25,000.00

Surplus and undivided profits

26#43.5
11-

Deposits:
Due to banks**

$

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

39,725.9g
304,2 3,61
1i69.59
03,9

Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities

395.113.13

Total liabilities
7. Has this bank been reopened? No

If so give:

Date of reopening
Name under which reopened
Amount of loss

Loss to depositors on:
Secured claims

Per cent of loss
to 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:

Ye

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Secured claims

None

None

Preferred claims. ..

None

None

None

Per cent of payments
to claims allowed

None

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 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 (Name)
Depleted Cash Reserve

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE CONINIITTEE ON
BRANCH, GROUP AND CIIAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921

•

Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
r] National bank
Name of State

• State bank
▪ Trust company
Stock savings bank

•

Illinois

• Mutual savings bank
• Private bank

1. Name of bank Rock Grove State Bank

2. Date organized

2-21-20

3. Federal reserve district

Date suspended_

7

4. Number of branches operated: In city of parent bank

Town or City Rock Grove

11-29-30

County Stephenson

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




No

150

No

11-29-30

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

13,522.00

Other

67,612.5o
$ 81,134.50

Total loans and discounts

( ,
0 <etto

Real estate acquired in satisfaction of debts

104,670.39

Investments

•

32,321.93

All other resources

21g,126.2

Total resources

30,000.00

Capital

5,000.00

Surplus xixcictiMtVgaiNGICISs
Deposits:

Undivided Profits

1195
3 •8

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

11.5,029.13
13g,47.27
$1g3,476.40

Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities

21g,126.g2

Total liabilities
7. Has this bank been reopened?

No

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:

Yes

9. Is this bank still in process of liquidation?

(Amounts in dollars)

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Secured claims

None

None

Preferred claims

None

None

General claims.. . .

None

Per cent of payments
to claims allowed

None

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 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 (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agri.cultur

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension

Not known.

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

M

State bank

o

Trust company

El Stock savings bank

•

O

o

Illinois

Mutual savings bank
Private bank

1. Name of bank Peoples State Bank of
12-17••20
2. Date organized

_Town or City Rockport

——
Date suspended 112530

3. Federal reserve district

County__P130

Population of town or city*

Member or nonmember of F. R. Systern___!_°

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.




205

No

11-25-30

6. Condition figures, as of (date*)
Loans and discounts:

$

On real estate

15,g41.97

108,246.26

Other

1
$ 12608g.23

Total loails and discounts
Real estate acquired in satisfaction of debts
Investments

15,032.39

All other resources

139 120.62

Total resources

20,000.00

Capital

9,123.114

Surplus and undivided profits
Deposits:
Due to banks**
61,1910
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

31,9.96
$

Total deposits

93,041.90

Borrowings from F. R. bank

16,950.00

Borrowings from other banks

5.5g

All other liabilities

139,12D.62

Total liabilities
7. Has this bank been reopened?

No

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

16,950.00

None

Preferred claims

None

None

General claims

None

None

16,950.00

Per cent of payments
to claims allowed

None

Secured 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 claim (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed
_

Secured claims. ...
Preferred claims. .
General claims
Total claims.




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 ccintributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
1. 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)
Other causes, (specify)

Depleted Cash Reserve

x

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farrair
e

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known.

12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?




No
.

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

[X State bank
O Trust company
O Stock savings bank
O

Illinois

Mutual savings bank

O Private bank

1. Name of bank

2. Date organized

First State Bank

1-27-1914

3. Federal reserve district

Date suspended

g

Town or City

1-7-30

Scottville

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.




County

Macou.pin

285

System__________

1-7-30

6. Condition figures, as of (date*)
Loans and discounts:

7,783.05

On real estate

60,296.06

Other

68 ,079.11

Total loans and discounts

,844.45

Real estate acquired in satisfaction of debts

103.30

Investments

13,721.89

All other resources

94,748.75

Total resources

25,000.00

Capital

1,944.17

Surplus and undivided profits
Deposits:
186.95

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

56,163.30

8,759.99
65,110.24.

Total deposits
Borrowings from F. R. bank

600.00

Borrowings from other banks

,
2 094..34
,

All other liabilities

91 '748.75

Total liabilities

7. Has this bank been reopened?

No

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.




Yes

8. Has this bank been taken over by another bank?

If so give:

Bank of 'Modesto

Name of bank by which taken over

7-21-1930

Date taken over
Loss to depositors on:

Per cent of loss
to claims

Amount of loss
Secured claims

•

None

$

None

Preferred claims
General claims
Total

25

9,095.70
9,095.70

9. Is this bank still in process of liquidation?

If so give payments to date:
(Amounts in dollars)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. ..
Preferred claims..
General claims. .
Total claims

10. Has this bank been finally liquidated?

If so give:

Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

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.

LPrimary
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)
Low cash reserve

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

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

Name of State

State bank
O Trust company
O Stock savings bank

•

O

Mutual savings bank

Illinois

O Private bank

C
County Franklin

1. Name of bank,

Sesser State Bank

Town or City

2. Date organized

6-3-19

Date suspended

4-27-29

8

Member or nonmember of F. R. System_ Non

3. Federal reserve district

Sesser

Population of town or city*

4. Number of branches operated: In city of parent bank__ No

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.




2,841

4-27-29

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

122,397.08

Other

$ 122,397.08

Total loans and discounts

3,300.00

Real estate acquired in satisfaction of debts

100.00

Investments

31,105.20

All other resources

156,902.28

Total resources

30,000.00

Capital

1,000.00

Surplus and undivided profits
Deposits:
149.33

Due to banks**
Demand deposits, including U. S. Govt. deposits

34,725.61

Time deposits, including postal savings

65,592.57
$ 100,468.01

Total deposits
Borrowings from F. R. bank

25,434.27

Borrowings from other banks
All other liabilities

156,902.28

Total liabilities

7. Iias this bank been reopened?

No

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?

No

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? Yes

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. .. .
Preferred claims
General claims. . ..

91,804.52

Total claims.. ..

91,804.,52

None

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
Agriculture

or agriculture?

If so, state what industry or type of agriculture

Farmi ng

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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
t•-••

O National bank
Name of State

IF] State bank
0 Trust company
O Stock savings bank

•

O

Mutual savings bank

ILLINOIS

O Private bank

1. Name of bank Shelby County State Bank

2. Date organized

5-11-95

3. Federal reserve district

Date suspended

Town or City Shelbyville

3-20-28

7th

County

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.




No

Shelby

3,486

No

3-19-28

6. Condition figures, as of (date*)
Loans and discounts:

$

On real estate
Other

48,220.76
464,433.49
$

Total loans and discounts
Real estate acquired in satisfaction of debts

512,654.25
40,000.00

Investments

7,325.00
101,295.75

All other resources

661,275.00

Total resources
Capital

50,000.00

Surplus and undivided profits

60,972.44

Deposits:
$

Due to banks**

10.075.10

Demand deposits, including U. S. Govt. deposits

359,325.71

Time deposits, including postal savings

105.351.86
474,752.67

Total deposits
Borrowings from F. R. bank

75,000.00

Borrowings from other banks
All other liabilities

549.89
661,275.00

Total liabilities
7. Has this bank been reopened?
Date of reopening
Name under which reopened
Loss to depositors on:
Secured claims
Preferred claims
General claims

Yes

If so give:

3-29-28
Same nane
Amount of loss

Per cent of loss
to claims

None
If

tt
tt

Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.




8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

If so give payments to date:
(Amounts in dollars)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

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

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)
Suicide of Cashier

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

x

Agriculture

If so, state what industry or type of agriculture

Farrai rig

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




x

No

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

State bank
O Trust company
O Stock savings bank

•

O

ILLINOIS

Mutual savings bank

O Private bank

1. Name of bank Sherrard State Bank

2. Date organized

8-30-23

Date suspended

Town or City
10-2-211-

Sherrard

Population of town or city*

7
3. Federal reserve district

None

Outside city of parent bank**

Norte

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.




1,000

No
Member or nonmember of F R System

4. Number of branches operated: In city of parent bank

Yercer

County

Nt

October 2, 1924
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
170,1 57.65
Other
Total loans and discounts

$

170,157.65
16,200.00

Real estate acquired in satisfaction of debts

1,400.00

Investments

10,005.1q-

All other resources

197,763,09
Total resources
25,000.00

Capital

2,500.00
Surplus and undivided profits
Deposits:
Due to banks**

$

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

9,4-32.02
40,075.67

88,031.01
137,538.70

Total deposits

0111.111.

Borrowings from F. R. bank

32,724.39

Borrowings from other banks

197,763.09

All other liabilities
Total liabilities

7. Has this bank been reopened?

No

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_

Secured claims. . ..

Taken over by Court
No Records giving claims

Preferred claims

No Dividends

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

Total payments

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

,Primary
cause

Contributing
cause

Decline in real estate values

•

Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
X

Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

•

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
Agriculture

or agriculture?

If so, state what industry or type of agriculture

Farming

.1.1111•IND

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
4•11641•1•

bank suspended?




No

If so, give dates and amounts of all assessments

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
National bank

Name of State

State bank
Trust company
Stock savings bank

•

U

Mutual savings bank

ci

Private bank

ILLINOIS

1. Name of bank Jeffersons State Bank

2. Date organized 6/1/20

3. Federal reserve district

Town or City Springfield

Date suspended 3 3 27
//

7th

County Sanon on

Population of town or city*

Member or nonmember of F. R. System_ No

4. Number of branches operated: In city of parent bank______Loie_i

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.




71 857
,

No

6. Condition figures, as of (date*)

March 2, 1927

Loans and discounts:
On real estate
Other
Total loans and discounts

$ 321.610.00

Real estate acquired in satisfaction of debts

15,494.48

Investments

650.00

All other resources

98,187.82
435,942.30

Total resources
Capital

100,000.00

Surplus and undivided profits

18,033.83

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

194,921.45

Time deposits, including postal savings

115,559.85

Total deposits

$ 310,481.30

Borrowings from F. R. bank
Borrowings from other banks
All other liabilities

7,427.17

Total liabilities

7. Has this bank been reopened?

435,942.30
No

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:

By Clearing House Banks of Springfield

Name of bank by which taken over
Date taken over

Yes

/
3/28 27

Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
NONE

General claims
Total
9. Is this bank still in process of liquidation?

If so give payments to date:
(Amounts in dollars)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_

Secured claims. .. .
Liability tn-s-to-c-kholde-r-s- only

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

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.

LPrimary
cause

Contributing
cause

Decline in real estate values

O

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)..Ncn
.
Failure of correspondent (Name)
Failure of large debtor (Name)
To prevcsnt run

Other causes, (specify)

•

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspen/

sion ?

3A/27—Closing of north side bank

12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?




No

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
E] National bank

Name of State

gc1 State bank
E] Trust company

•

fl Stock savings bank
fl Mutual savings bank

ILLINOIS

El Private bank

1. Name of bank North Side State Bank

2. Date organized

8-19-1920

3. Federal reserve district

7

Town or City Springfield.

3-327

Date suspended__

County Sangamon

Population of town or city*

No
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.




71 172
'

N

3-3-27

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

530,93g.g2

Other

530 938.g2

Total loans and discounts

2,395.09

Real estate acquired in satisfaction of debts

11,700.00

Investments

89,177.7g

All other resources

627,211.69

Total resources

100,000.00

Capital

21,2g 5.47

Surplus and undivided profits
Deposits:

$

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

35,237.63
196,54-7.98
200,
340.61
432,126.22

Total deposits
Borrowings from F. R. bank

73,830.00

Borrowings from other banks
All other liabilities

627,211.69

Total liabilities
7. Has this bank been reopened?

No

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\To

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

73,800•00

73.800.00

73,800.00

357,106.75

Secured claims. . ..

155,570.118

155,570.4-g

Per cent of payments
to claims allowed

100

Preferred claims
General claims
Total claims. ..

"
It7

4-30,906.75

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)
'

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.

LPrimary
cause

Contributing
cause

Decline in real estate values

•

Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
X

Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)

•

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

A rictiLture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?




NO

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

Name of State

FI State bank
0 Trust company
O Stock savings bank

•

O

Mutual savings bank

ILLINOIS

O Private bank

1. Name of bank

2. Date organized

Il iana State Bank

12-20-20

3. Federal reserve district

Town or City

Date suspended 6-13.30

7

State Line County

Population of town or city*

Member or nonmember of F. R. System
rone

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

none

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




"0

Vermillion

400

No

6. Condition figures, as of (date*)

6-13-30

Loans and discounts:
On real estate
85,246.88

Other
Total loans and discounts

$

85,246.88

Real estate acquired in satisfaction of debts
Investments
All other resources

60,340.98

Total resources

145,587.86

Capital

24,000.00
2,860.70

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

35,461.85

Time deposits, including postal savings

13,265.31
48,727.16

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

70,000.1)0
145,587.86
1

All other liabilities
Total liabilities

7. Ilas this bank been reopened?

No

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.




lio

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
;
Preferred claims .

'

General claims. .. .

J

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

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?

Agriculture

If so, state what industry or type of agriculture

'arming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Yot known

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

•••47.1
i
t

O National bank

Name of State

[N State bank
O Trust company
0 Stock savings bank

•

O

Illinois

Mutual savings bank

O Private bank

1. Name of bank

2. Date organized

ov
Rosemond State Bank

9—

3. Federal reserve district

2—

Town or City

Date suspended 2-7-30

7th

Rosemond

Christian

Population of town or city* 319

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

None

6. Condition figures, as of (date*)

February

6, 1930

Loans and discounts:
On real estate
35,14-82.26

Other

$ 35,4-82.26

Total loans and discounts

3,532.81

Real estate acquired in satisfaction of debts
Investments

6,184.51

All other resources

45,199.58

Total resources

10,000.00

Capital

2,382 68
.

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

24,686.61
7,130.29
$ 31,816.90

Total deposits
Borrowings from F. R. bank

1,000.00

Borrowings from other banks
All other liabilities
Total liabilities
7. H this bank been reopened?
Has

45,199.58
No

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.




Yes

8. Has this bank been taken over by another bank?
Name of bank by which taken over

If so give:

Ohlman State Bank, Ohlman (th district)

5-19-30

Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
NONE

Total
9. Is this bank still in process of liquidation?

If so give payments to date:
(Amounts in dollars)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. .. .
In full

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

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)
Pana
Failure of correspondent (Name)11.N.Schuyler St. Bank,
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?

Agriculture

If so, state what industry or type of agriculture

Farming

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?




/

NO

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

[11 State bank
O Trust company
O Stock savings bank

•

Illinois

• Ailutual savings bank

O Private bank

1. Name of bank

2. Date organized

Royalton State

9-15-19

3. Federal reserve district

Date suspended

Town or City

6-22-27

Royalton

Population of town or city* 3500

Member or nonmember of F R System_

4. Number of branches operated: In city of parent bank_

None

Outside city of parent bank**

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




County Franklin

no

6-22-27

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

328,750.62

Other
Total loans and discounts

328,750.62
1,527.61

Real estate acquired in satisfaction of debts
Investments

52,200.00

All other resources

58,1'74-.114
140,652.71

Total resources
Capital

37,500.00

Surplus and undivided profits

13,018.88

Deposits:
$

Due to banks**

18,130.33

Demand deposits, including U. S. Govt. deposits

107,119.02

Time deposits, including postal savings

222,619.23
$ 347,868.58

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

30,000.00

All other liabilities

12,265.25
140,652.71

Total liabilities
7. Has this bank been reopened?

No

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?

No

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

30,000.00

30,000.00

30,000.00

100

1,542.22

1,542.22

1,532.22

100

General claims.. . 352,355.80

17,588.68

17,588.6g

5

Secured claims. ..
Preferred 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

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?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




NO

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
E State bank

Name of State

02

O Trust company
O Stock savings bank
O

Mutual savings bank

Illinois

O Private bank

1. Name of bank__ Rutland State Bank

2. Date organized

1-30-13

3. Federal reserve district

Date suspended

7

Town or City

5-9-27

Rutland

County

Population of town or city*

Member or nonmember of F. R. Systern_

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_ 0

* 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.




LaSalle

800

No

6. Condition figures, as of (date*)

5-9-2
7

Loans and discounts:
On real estate
172,851.56

Other

$

Total loans and discounts

172,851.56

Real estate acquired in satisfaction of debts

9.035.79

Investments

27,309.37

All other resources

209,196.72

Total resources

25,000.00

Capital

9,316.67

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

11-1,289.07
101,090.98
$

Total deposits

142,380.05

Borrowings from F. R. bank
30,000.00

Borrowings from other banks

2,500.00

All other liabilities

209,196.72

Total liabilities
7. Has this bank been reopened?

No

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.




NO

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?

Yes

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

30,000.00

General claims
Total claims. . .

30,000.00

100

10.96

10.96

100

134,452.34

Preferred claims

30,000.00

10.96

Secured claims

67,067.18

67,067.1g

164,463.30

50
-)
- !

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? Agriculture
If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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
[20. State bank

Name of State

O Trust company

•

0 Stock savings bank
O Mutual savings bank
O Private bank

1. Name of bank

2. Date organized

Sadorus

ILLINOIS

State Bank

12-4-20

3. Federal reserve district

Town or City

Date suspended 1-30-26

7

Sadorus

Population of town or city*

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

NO

Champaign

335
No

1-50-26
6. Condition figures, as of (date*)
Loans and discounts:
On real estate

196,440.61

Other

$

Total loans and discounts

,\"“)

Real estate acquired in satisfaction of debts

196,440.61
4,495.80

Investments
23,77g•50
All other resources
224,714.91

Total resources

25,000.00

Capital

7,386.36

Surplus and undivided profits
Deposits:
10,811-0.35

Due to banks**
Demand deposits, including U. S. Govt. deposits

76,1a2.11

85,346.09
Time deposits, including postal savings

170,328.55

Total deposits

41•11100

Borrowings from F. R. bank
22,000.00

Borrowings from other banks
All other liabilities

224,714.91

Total liabilities

7. IIas this bank been reopened?

No.

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.




No

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_

Secured claims. .. .

22,000.00

22,000.00

22,000.00

100

Preferred claims...

9,033.26
1142,875.01

1,305.98
33,55.65

1,305.98

14

General claims. .. .
Total claims. . ..

33,554-.65

173,908.27

-. ., -...
-

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

Secured claims

Preferred claims
General claims
Total claims




•

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

1 1. 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

411

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
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?

Agricti1turO

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenlint known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

17/ State bank
O Trust company

O Stock savings bank
O

Ii ]i.nois

Mutual savings bank

O Private bank

1. Name of bank State Bank of Sciota

2. Date organized

6-15-10

Sciota

Town or City

,
Date suspended_ 11.-22a 30

County McDonough

Population of town or city*

7
3. Federal reserve district

No
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.




195

No

11.-22-30
6. Condition figures, as of (date*)
Loans and discounts:
$

On real estate

19,500.00
121,662.g5

Other

141,162.85

Total loans and discounts

,
14001.00

\\C\

Real estate acquired in satisfaction of debts
Investments

43.27
31,9

All other resources

187,107.12

Total resources

25,000.00

Capital

18,175.24

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

4-2,035.00

Time deposits, including postal savings

98,146.85
$ 14-0,181.85

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

3,75.3
00

All other liabilities

187,10702

Total liabilities
7. Has this bank been reopened? No

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
Yes

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

None

None

None

None

General claims. ...

None

None

Total claims. ..

None

Per cent of payments
to claims allowed

None

Secured claims

Preferred 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 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).Huston.. Banking • Co.
Name 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? 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 suspenNot known.
sion ?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

r2j State bank
O Trust company
O Stock savings bank

•

Illinois

0 Mutual savings bank
O Private bank

1. Name of bank

2. Date organized

State Bank of

12-20-20

3. Federal reserve district

Date suspended

7

Town or City Sto ckton

9-6-28

County Jo Davie ss

Population of town or city*

Member or nonmetnber 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.




0

1,449

Non

6. Condition figures, as of (date*)

—
9-628

Loans and discounts:
On real estate

144,131.05

Other

595,837.34
739,968.89

Total loans and discounts
Real estate acquired in satisfaction of debts

52,572.13

Investments

10,000.00

All other resources

22,280.85
824,821.37

Total resources
Capital

50,000.00

Surplus and undivided profits

22,850.17

Deposits:
$

Due to banks**

15,453.94

Demand deposits, including U. S. Govt. deposits

235,570.27

Time deposits, including postal savings

395,974.03
$ 646,998.24

Total deposits
Borrowings from F. R. bank

104,973.46

Borrowings from other banks
All other liabilities

824,821.87

Total liabilities
7. Has this bank been reopened? il°

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?

No

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

104,973.46

104,973.46

104,973.46

100

Preferred claims

24,302.47

9,661.17

9,664.17

40

General claims.

604,297.92

60,437.84

60,437.84

10

Secured claims...

1

Total claims

— -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?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

Dr] State bank
O Trust company
O Stock savings bank

•

O

Mutual savings bank

ILLINOIS

O Private bank

1. Name of banatiq Farmers State Bank of

2. Date organized

6-29-11

3. Federal reserve district

Town or City Stonington

Date suspended 7-11-28

7th

County Christian

Population of town or city*

Member or nonmember of F. R. System__ No

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.




1 057

No

7-10-28

6. Condition figures, as of (date*)
Loans and discounts:

$

On real estate
Other

4,765.00

156,822.05

Total loans and discounts

161,587.05

Real estate acquired in satisfaction of debts
Investments

2.000.00
33,193.99

All other resources

196,781.04_

Total resources

25,000.00

Capital

2,733.58

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

82.175.64

Time deposits, including postal savings

58,601.45

Total deposits

$

140,777.09

Borrowings from F. R. bank
26,200.00

Borrowings from other banks
All other liabilities

2,070.37
196,781.04

Total liabilities
Yes

7. Has this bank been reopened?
Date of reopening

7-24-28

Name under which reopened
Loss to depositors on:

If so give:

Same name
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)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims
General claims.
Total claims

10. Has this bank been finally liquidated?

If so give:

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?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ?

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




x

_WO

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 suspendeçl 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

0(143

Name of State

XJ State bank
O Trust company
O Stock savings bank

•

O

Illinois

Mutual savings bank

O Private bank

1. Name of

bank__eoples Trust & Savings
P

2. Date organized

5-10-07

3. Federal reserve district

Town or City

Streator

15,076

2-27-30
Date suspended

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**

No

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.




LaSalle

County

0

2-27-30
6. Condition figures, as of (date*)
Loans and discounts:
On real estate

170,027.62

Other

413,807.73

Total loans and discounts

583,8351135

$

40,054.67

Real estate acquired in satisfaction of debts

299,a2.00

Investments

72,195.11

All other resources

995,967.13

Total resources

100,000.00

Capital

27,011.0.57

Surplus and undivided profits
Deposits:

Demand deposits, including U. S. Govt. deposits

995.12
3
4,08
35.1

Time deposits, including postal savings

433,4-52.66

Due to banks**

Total deposits

$

778,4-83.59

Borrowings from F. R. bank
Borrowings from other banks

25,000.00

All other liabilities

65,142.97
995,967.13

Total liabilities
7. Has this bank been reopened?

NO

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.




1TO

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
YesIf so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Per cent of payments
to claims allowed

Total payments

25,000.00

25,000.00

3.00

199 0.03.115

199,103.45

30

25,000.00

Secured claims

Payments from
guaranty fund

Preferred claims...
General claims. . . . 663,775•311
'

_

688,775.34.

Total claims

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims
General claims. ...
Total claims




Dividends paid from
collections

Payments from
guaranty fund

Total payments

• Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
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?

Agricuituro

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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
e

O National bank

Name of State

• State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

ILLINOIS

O Private bank

State Bank of
1. Name of bank_

Date suspended 12-13-26

2. Date organized 12-3-09

3. Federal reserve district

h
Town or City Strongurst

7th

County Henderson

Population of town or city*

Member or nonmember of F. R. System_

4. Number of branches operated: In city of parent bank_

None
ft

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

734

No

12-11-26

6. Condition figures, as of (date*)
Loans and discounts:

66,679.77

Unreal estate

242,504.23

Other

$

Total loans and discounts

309,184.00

Real estate acquired in satisfaction of debts
Investments
All other resources

153,425.53
462,609.53

Total resources
Capital

105,000.00
8,902.76

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits

$

316,706.77

Borrowings from F. R. bank
32 000.00

Borrowings from other banks
All other liabilities
Total liabilities
Yes

7. Has this bank been reopened?
Date of reopening

12-30-26

Name under which reopened
Loss to depositors on:
Secured claims

If so give:

Same name
Amount of loss

Per cent of loss
to claims

None

Preferred claims
General claims
Total

tt

* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.




8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

If so give payments to date:
(Amounts in dollars)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_

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

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 judpnent, 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
Agriculture

or agriculture?

If so, state what industry or type of agriculture Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

x

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

DE State bank
O Trust company
O Stock savings bank

•

0 Mutual savings bank

ILLINOIS

O Private bank

1. Name of bankilerchants & Farmers State Banrown or City Sullivan

2. Date organized

8-4-91

3. Federal reserve district

Date suspended

3-18-21

7th

4. Number of branches operated: In city of parent bank

County

Population of town or city*

NIember or nonmetnber 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.




No

Moultria

2338

No

6. Condition figures, as of (date*)

3-18-21

Loans and discounts:
On real estate
503,474.37

Other

$ 503,474.37

Total loans and discounts

4,700.00

Real estate acquired in satisfaction of debts
,7( (
Investments

950.00

_Y

63,814.08

All other resources

572,938.45

Total resources
Capital

50,000.00

Surplus and undivided profits

35,721.78

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

210,009.46

Time deposits, including postal savings

147,059.18

Total deposits

$ 357,068.64

Borrowings from F. R. bank
130,000.00

Borrowings from other banks

148.03

All other liabilities

572,938.45

Total liabilities

7. IIas this bank been reopened?
Date of reopening

yes

If so give:

5-28-21

Name under which reopened Same name
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
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
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

O

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
Akrioulture

or agriculture?

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

NM- known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




/

No

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

EI State bank

O Trust company
O Stock savings bank
• Mutual savings bank

Illinois

O Private bank

1. Name of bank

2. Date organized

Farmers & Merchants State fown or City
11-8-1907

3. Federal reserve district

Date suspended

3-1-1930

7

Menard

Population 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**

None
NO

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

761

6. Condition figures, as of (date*)

3-1-1930

Loans and discounts:
30,652.00

On real estate

110,261.08

Other

111-0,913.08

Total loans and discounts

2,7811-.50

Real estate acquired in satisfaction of debts

5,550.00

Investments

20,896 114
.

All other resources

170,1411-.02

Total resources
Capital

50,000.00

Surplus and undivided profits

11,277.38

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

5
4,603.58

Time deposits, including postal savings

43,761.79

Total deposits

$

98,365.37

Borrowings from F. R. bank
10,000.00

Borrowings from other banks

501.27

All other liabilities

170,1114.02

Total liabilities

7. Has this bank been reopened?

NO

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.




NO

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

10,000.oc

1o,00000
•

10,000.00

100

General claims.. .

80,513.29

20,128.05

20,128.05

25

Total claims. ..

0,513.

Secured claims. .. .
Preferred claims

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured

claims

Preferred claims
General claims
Total claims




Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Depleted Cash
Other causes, (specify)

•

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
Agriculture

or agriculture?

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

[X] State bank
O Trust company
O Stock savings bank

•

ILLINOIS

fl Mutual saVings bank
O Private bank

1. Name of bank The Farmers State Bank of

2. Date organized

10-31-12

3. Federal reserve district

Date suspended

8th

4. Number of branches operated: In city of parent bank

Town or City

1-18-26

Tamaroa

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 No

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each °aside branch at time of suspension.




County Perry

1,115

no

6. Condition figures, as of (date*) 1-18-26
Loans and discounts:
On real estate

$

38,816.00
56,519.97

Other

95,335.97

Total loans and discounts
Real estate acquired in satisfaction of debts

4,000.00

Investments

13,750.00

All other resources

18,783.47
131,e69.44

Total resources
surplus 2,000

Capital

Surplus and undivided profits U. D. Red

25,000.00
1,707.51

29249

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

17,668.17

Time deposits, including postal savings

87,493.76
$

Total deposits

105,161.93

Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
131,869.44

Total liabilities
7. has this bank been reopened?

No

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.




Yes

8. Has this bank been taken over by another bank?
Name of bank by which taken over

If so give:

First National Bank of Tamar oa
1 3
/ 0/26

Date taken over
Loss to depositors on:

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
NONE

General claims
Total
9. Is this bank still in process of liquidation?

If so give payments to date:
(Amounts in dollars)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. ..
Preferred claims..
General claims. . .
Total claims. . .

10. Has this bank been finally liquidated? _Yea_ If so give:
Date liquidation was completed 10-8.-30
Collections:
From liquidation of assets

$

105,161.93

7"

From assessments on shareholders
Other collections (eaitQ
Total collections

_105,161.93

Offsets to claims (loans paid, etc.)
Payments to depositors:
Amounts in dollal-s),
,-Claims all9Ntied

7/
Secured claims
Preferred clai
_.Gener Maims
Total claims




Dividends paid from
collections

Payments frorn,
guaranty

Total payments

NN.
N,
\--.
N.,

105,161.93

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?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

I

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




/ Nn

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
0 Trust company
• Stock savings bank

•

O

vIutual savings bank

O Private bank

1. Name of bankJno. B. Colegrove & Co.

2. Date organized

12-28-20

3. Federal reserve district

Date suspended

Town or City

10-10-29

7

Taylorville

Population of town or city*

52 806

Member or nonmember of F. R. System_ Non

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

None

Now

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 Christian

No

10-10-29

6. Condition figures, as of (date*)
Loans and discounts:

$ 287,387.80

On real estate

938,647.98

Other

$ 1,226,035.78

Total loans and discounts

65,162.54

Real estate acquired in satisfaction of debts
Investments

118,266.16

All other resources

183,351.65
1,592,816.13

Total resources

200,000.00

Capital

54,113.07

Surplus and undivided profits
Deposits:
$ 14,251.65

Due to banks**
Demand deposits, including U. S. Govt. deposits

528,367.51

Time deposits, including postal savings

375,528.52
918,147.71

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

259,450.00

All other liabilities

161,105.35
1,592,816.13

Total liabilities

7. Has this bank been reopened?

ITO

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?

No

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?

Yes

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. ...
Preferred claims .
612,423.39

Total claims..

None

612,423.39

General claims.

None

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)
Depleted cash reserve — large
Bills Payable

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
A griculture

or agriculture?

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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
State bank

O
O

•

Stock savings bank

O

Mutual savings bank

Trust company
Illinois

O Private bank

1. Name of bank

2. Date organized

Thompsonville State Bank

5-23-10

3. Federal reserve district

Date suspended

Town or City Thompsonvi 1.1e County

10-24-29

8

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**

None
None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




NO

Franklin

577

Non

10-24-29

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

131,133.56

Other

131,133.56

Total loans and discounts
Real estate acquired in satisfaction of debts

-?

"b

12,872.00

Investments

21,622.58

All other resources

14,477.53
180,105.67

Total resources

25,000.00

Capital

5,597.20

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

35,765.10

Time deposits, including postal savings

76,893.37
$

Total deposits

112,658.47

Borrowings from F. R. bank
35,100.00

Borrowings from other banks

1,750.00

All other liabilities

180,105.67

Total liabilities
7. Has this bank been reopened?

No

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?

Yes

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims
72,048.31

NOM

0

Total claims. . .. 72,048.31

None

0

General claims

_____

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims. . ..
Preferred claims
General claims
Total claims




Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Depleted cash reserve

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known.

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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
EI

National bank
Name of State

[gl State bank
0 Trust company
O Stock savings bank

•

O

o

TLLINOIS

Mutual savings bank
Private bank

1. Name of bank_ Timewell State Bank

2. Date organized

1/31/1910

3. Federal reserve district

Town or City

Date suspended 11/15/L930

Timewell

County

Population of town or city*

8
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

Adams

300

No

11/15/30

6. Condition figures, as of (date*)
Loans and discounts:

19.700.00

On real estate

111,429.70

Other

$

Total loans and discounts

131,129.70

4,791.93

Real estate acquired in satisfaction of debts
Investments

20,147.93

All other resources

156,069.56

Total resources
Capital

25,000.00

Surplus and undivided profits

20.243.84

Deposits:
Due to banks**

107,732.44
3.093.28

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

110,825.72

Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities

156,069.56

Total liabilities
7. Has this bank been reopened?
Date of reopening
Name under which reopened
Loss to depositors on:
Secured claims

Yes

If so give:

2/9/31
Timewell State Bank
Amount of loss

Per cent of loss
to claims

None

Preferred claims
General claims

•

Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
**Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.




If so give:

8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total
No

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 claims. . . .
Preferred claims. . .
General claims. ...

Payments from
guaranty fund

Total payments

None

None

a

a

a

Per cent of payments
to claims allowed

a

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 claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections
_

Secured claims. .. .
Preferred claims
General claims
Total claims. .




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)
State Savings Loan & Trust
Name of correspondent (Name) Company, Quincy, Ill.

x

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?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known.

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No
.

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

92

El National bank

Name of State

tl State bank
El Trust company
El Stock savings bank
ILLINOIS

fl Mutual savings bank
O Private bank

1. Name of bank

Toluca

State Bank

Date suspended

2. Date organized 5-19-14

3. Federal reserve district

Town or City
11-22— 26

Population of town or city*

Mar shall

2,800

No

7

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

6. Condition figures, as of (date*)

11-22-26

Loans and discounts:
$

On real estate
Other

73,411.89
394,627.14

Total loans and discounts

7

„ 468,039:00
•-•

Real estate acquired in satisfaction of debts
Investments

17,187.25

All other resources

66,205.33
551.431.61

Total resources

52,500.00

Capital

10,893.12

Surplus and undivided profits
Deposits:
411.1••••

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

99,230.4-0
332.085.79
$

Total deposits

431,316.19

Borrowings from F. R. bank
55,000.00

Borrowings from other banks

1,722.30

All other liabilities

551,4-31.61

Total liabilities
7. Has this bank been reopened?

No

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?

No

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?

Ye s

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

55,000.00

55,000.00

55,000.00

100

418,774.69

Secured claims

210,332.63

210,332.63

50

Preferred claims
General claims

473,774.69

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

X

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?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Noir. known

12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?




NO

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

[71 State bank

I

O Trust company
O Stock savings bank

•

O

Mutual savings bank

Illinois

O Private bank

1. Name of bank

2. Date organized

Troy State Bank

4-21-19

3. Federal reserve district

Date suspended

8

Town or City

2-8-29

Troy

Population of town or city*

1,312

Member or nonmember of F. R. System_ Non

4. Number of branches operated: In city of parent bank

NOW

Outside city of parent bank**

No

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 Madison

6. Condition figures, as of (date*)

2-8-29

Loans and discounts:
On real estate
244,350.44

Other

$ 244,350.44

Total loans and discounts
Real estate acquired in satisfaction of debts

3/

Investments

17,913.93

All other resources

33,750.42
296,014.79

Total resources
Capital

25,000.00

Surplus and undivided profits

.7,249.94

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

61,990.24
166,086.30
$ 228,076,54

Total deposits
Borrowings from F. R. bank

35,687.75

Borrowings from other banks

/56

All other liabilities

296,014.79

Total liabilities

7. Has this bank been reopened?

No

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?

No

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

35,687.75

35,687.75

35,687.75

100

General claims. . .. 191,014.16

86,176.03

86,176.03

45

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims.

226,701.91

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)
Small cash reserve — larp
Bills Payable

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

State bank

•

0
0
0
El

Trust company
Stock savings bank
Mutual savings bank

Illinois

Private bank

1. Name of bank

Urbana Banking Company

2. Date organized

12-17-20

3. Federal reserve district

Date suspended

7

Town or City Urbana

10-19-29

County Champaign

Population of town or city*

Member or nonmember of F R. System__ 14°n

4. Number of branches operated: In city of parent bank_____ACII6
3

Outside city of parent bank**

NO239

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.




11,348

0

10-19-29

6. Condition figures, as of (date*)
Loans and discounts:

109,994.25

On real estate

1,018,120.34

Other

ib $ 1,128,114.59

Total loans and discounts

35,330.30

Real estate acquired in satisfaction of debts
'<2?
Investments

103,400.00

All other resources

107,514.71
3.;374 1 359.60

Total resources
Capital

100,000.00

Surplus and undivided profits

102,121.36

Deposits:
$

Due to banks**

68,566.16

Demand deposits, including U. S. Govt. deposits

841 445.49

Time deposits, including postal savings

121,561.84
$ 1,031,573.49

Total deposits
Borrowings from F. R. bank

125,000.00

Borrowings from other banks

15,664.75

All other liabilities

1,374,359.60

Total liabilities
7. I-las this bank been reopened?

No

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?

No

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
Ye

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

125,000.00

claims

Payments from
guaranty fund

125,000.00

Total payments

195,000.00

Per cent of payments
to claims allowed

100

Preferred claims
General claims. .
1

Total claims. . ..

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured

claims

Preferred claims
General claims
Total claims. . . .




Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Depleted cash reserve

Other causes, (specify)

,x

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

[X] State bank
O Trust company
O Stock savings bank

•

O

Mutual savings bank

O

Private bank

ILLINOIS

Venice
1. Name of bank_ State Bank

2. Date organized

3. Federal reserve district

4/2/24

Town or City

Date suspended 11/9/29

8th

Venice

Population of town or city*4895

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 Madison

no

No

6. Condition figures, as of (date*)

November 8, 1929

Loans and discounts:
On real estate

$

Other

11,783.89
51,210.44

Total loans and discounts

$

62,994.33

Real estate acquired in satisfaction of debts
1,402.21

Investments

28,141.39

All other resources

92,537.93

Total resources

25,000.00

Capital

3,187.10

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

38,105.78

Time deposits, including postal savings

32,619.25
$

Total deposits

70,725.03

Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
92,537.93

Total liabilities
7. Has this bank been reopened?

No

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:

Yes

Name of bank by which taken over The Union Trust Co.. of Madison. In. (member)
Date taken over

12/10/29

Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
NONE
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
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.

LPrimary
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?

/

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

to State bank
O Trust company
O Stock savings bank

•

O

Mutual savings bank

ILLINOIS

O Private bank

1. Name of bank

Viola State Bank

2. Date organized

12/29/06

3. Federal reserve district

Date suspended

Town or City Viola

5/21/28

7th

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

Mer;er

564

No

May 19, 1928

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

$

Other

8,836.75
158,727.49

Total loans and discounts

$

167,564.24

Real estate acquired in satisfaction of debts

6.100.00

Investments

5,448.75

All other resources

8,833.22
187,946.21

Total resources
Capital

25.000.00

Surplus and undivided profits

11,542.68

Deposits:
22.07

Due to banks**
Demand deposits, including U. S. Govt. deposits

49,103.84

Time deposits, including postal savings

79.777.62
128.903.53

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

22,500.00

All other liabilities
187,946.21

Total liabilities

7. Has this bank been reopened?

No

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?

Yes

If so give:

Name of bank by which taken over

Farmers National Bank of Viola

Date taken over

6/7/28

Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
N 0N E

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.. ..

_

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)
Other causes, (specify)

•

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture? Agrioulfiure
If so, state what industry or type of agriculture

Mainly farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No /

If so, give dates and amounts of all assessments

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CIIAIN 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
CI

National bank
Name of State

E State bank

o

Trust company

O Stock savings bank

•

O Mutual savings bank

ILLINOIS

O Private bank

THE FARMERS AND MERCHANTS
1. Name of bank_
Town or City
STATE BANK OF VIRDEN. ILLINOIS
2. Date organized

12 19/1910
/

3. Federal reserve district

Date suspended

10/1 1930
/

VIRDEN

County

Population of town or city* IL •-- 00
•

8
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.




MACOUPIN

No

No

10/1/1930

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

124,581.80

Other

735.734.24
860,316.04.

$

Total loans and discounts

29.585.4.6

Real estate acquired in satisfaction of debts

68,031.10

Investments

4.9,911.08

All other resources

1,007,843,68

Total resources

85,000.00

Capital

28,273,75

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

409.127.11

Time deposits, including postal savings

460,504.07

Total deposits

$

869,613,18

Borrowings from F. R. bank
24,389.75

Borrowings from other banks

549.00

All other liabilities

1,
007,843.68

Total liabilities
7. Has this bank been reopened?
Date of reopening

Yes

If so give:

3/20/1931

Name under which reopened The Farmers & liercshants StateBank of Virden, Illinois
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

241.572.73

28

(241..572.73

Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
**Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.




•

If so give:

8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total
No

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

None

Secured claims
Preferred claims. . .
General claims.

None

w

w

w

Per cent of payments
to claims allowed

w

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 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 (Name)
Other causes, (specify)

•

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

AGRICULTURE

If so, state what industry or type of agriculture

FARMING

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known.

12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?




No

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

6'7

O National bank

Name of State

DU State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

ILLINOIS

O Private bank

1. Name of bank First State Bank of

2. Date organized

12/16/20

3. Federal reserve district

Date suspended

8th

Town or City

12/27/27

Walnut Hill

County Marion

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

160

no

December 24, 1927

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

$ 10,348.83
76,496.02

Other

$ 86,844.85

Total loans and discounts
Real estate acquired in satisfaction of debts

2,203.47

Investments

3,250.00

All other resources

13,498.61
105,796.93

Total resources

15,000.00

Capital

1,877.83

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

31,949.39

Time deposits, including postal savings

41,269.71
$ 73,219.10

Total deposits
Borrowings from F. R. bank

15,000.00

Borrowings from other banks

700.00

All other liabilities

105,796.93

Total liabilities
7. Has this bank been reopened?

No

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?

Yes

If so give:

City National Bank of Centralia

Name of bank by which taken over

1/7/28

Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
NONE.

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. . ..

...._.

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)
Other causes, (specify)

Frozen assets

•

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
Agriculture

or agriculture?

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

If so, give dates and amounts of all assessments

FEDERAL RESERVE COMMITTEE ON
BRANCII, 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

1

Name of State

[2 State bank
0 Trust company
O

Stock savings bank

O

Mutual savings bank

O

Private bank

I. Name of bank

.

2. Date organized

Illinois

State Bank of Warren

7-26-1899

3. Federal reserve district

Date suspended

Town or City

7-14-30

7

Warren

County

1,176
Population 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.




Jo Daviess

No

6. Condition figures, as of (date*)

7-14-30

Loans and discounts:
143,060.35

On real estate

217,930.25

Other

360,990.60

Total loans and discounts

30,500.00

Real estate acquired in satisfaction of debts

79,162.50

Investments

74,784.63

All other resources

545,437.73

Total resources
Capital

75,000.00

Surplus and undivided profits

17,171.90

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

210,693.97
197,571.86
8
40 ,265.83

Total deposits
Borrowings from F. R. bank

45,000.00

Borrowings from other banks
All other liabilities

545,437.73

Total liabilities
7. Has this bank been reopened?

No

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
Yes

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

_

45,000.00

45,000.00

Secured claims. . . . 45,000.00
Preferred claims. ..

None

None

General claims. ...

None

100

None

Total claims. . ..

1152000•00

None

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

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 (Name)
Other causes, (specify)

•

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

O State bank
O Trust company
O Stock savings bank

•

O

Mutual savings bank

O Private bank

1. Name of bank The Farmers State 13Fink of

2. Date organized

10-9-19

3. Federal reserve district

Date suspended

7

Town or City

5-5-30

l'ra r cfmr

County

Population of town or city*

m e:Ton or nonmember of F.
bere

R. System

4. Number of branches operated: In city of parent bank_

Outside city of parent bank**

None

No
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.




HD r c el:

2 031

No

6. Condition figures, as of (date*)

7,7ay 5, 1930

Loans and discounts:
On real estate

31,700.00

Other

323,886.22

Total loans and discounts

$

Real estate acquired in satisfaction of debts

355,586.22
11,370.83

Investments

1,175.00

All other resources

62,808.34
430,940.39

Total resources
Capital

40,000.00

Surplus and undivided profits

11,983.40

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

54,732.50
272,157.84

Total deposits

326,890.34

Borrowings from F. R. bank
Borrowings from other banks

42,000.00

All other liabilities

66.65

Total liabilities

7. Has this bank been reopened?

430,940.39
No

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.




o

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
Yes

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 claims. .. .

Payments from
guaranty fund

•

Per cent of payments
to claims allowed

Total payments

.

Preferred claims
General claims
Total claims.. ..

--/----

10. Has this bank been finally liquidated?

No

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) Depleted Cia,q1).

•

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not blown

12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
r0

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
E:1

National bank
Name of State

[Z1 State bank
O Trust company
O Stock savings bank

•

O

Iutual savings bank

Illinois

O Private bank

1. Name of bank Henry Denhart & Company

2. Date organized

12-14-20

3. Federal reserve district

Date suspended

Town or City Washington

4-11-30

1 643
Population 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**

None

Nome

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 Tazewell

4-11-30

6. Condition figures, as of (date*)
Loans and discounts:

$ 109,962.00

On real estate

503,684.94

Other
Total loans and discounts

/$

613,646.94
51,488.85

Real estate acquired in satisfaction of debts

550.00

Investments

90,836.83

All other resources

756,522.62

Total resources

100,000.00

Capital

23,837.90

Surplus and undivided profits
Deposits:
Due to banks**

$

Demand deposits, including U. S. Govt. deposits

196,219.78

Time deposits, including postal savings

386,464.94
$ 582,684.72

Total deposits
Borrowings from F. R. bank

50,000.00

Borrowings from other banks
All other liabilities

756,522.62

Total liabilities
7. Has this bank been reopened?

No

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:
Secured claims

Amount of loss

Per cent of loss
to claims

$

Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.




8. Has this bank been taken over by another bank?

N0

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
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?

Yes

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

50,000.00

50,000.00

50,000.00

100

24,801.76

24,801.76

24,801.76

100

General claims

491,444.15

48,695.02

48,695.02

10

Total claims

566,245.91

Secured

claims

Preferred claims

_

'D....

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)

Depleted cash reserve

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot knoun

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921

•

Report on a separate schedule each bank closed to the public either temporarily or permanently
supervisory authorities or by the bank's board of directors on account of financial difficulties. This
by
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O National bank
Name of State

0 State bank
O Trust company
O Stock savings bank

•

O

Mutual savings bank

S

O Private bank

1. Name of bank

2. Date organized

Security savings Bank

7/30/1891

3. Federal reserve district

Town or City

Waukegan

County

Date suspended

9/21/26

7th

Member or nonmember of F. R. System

4. Number of branches operated: In city of parent bank

Population of town or city*

None

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




No

Lake

33,434

Non '

September 21. 1926

6. Condition figures, as of (date*)
Loans and discounts:

$

On real estate
Other

643.712.57
1,851,791.62

Total loans and discounts

$ 2,495,504.19

Real estate acquired in satisfaction of debts

49,207.93

Investments

1011 314.
08

All other resources

370,698.11

Total resources

3,113,725.21

Capital

200,000.00

Surplus and undivided profits

100,595.29

Deposits:
Due to banks**

$

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

13,265.35

1,688.676.80
933,251.68
$ 2,635.193.83

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

147.000.00

All other liabilities

30,936.09

Total liabilities
7. Has this bank been reopened?

3,113,725.21
No

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

10/2/26

Yes

If so give:

Vaukegan(WAukegan State-Waukegan National -First
(National of-Peoples State Bank of waukegan(Lake County State Bank of North Chicago

Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

NONE

None

Total
9. Is this bank still in process of liquidation?

If so give payments to date:
(Amounts in dollars)

Dividends paid from
collections

Claims allowed

Secured

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

claims

Preferred claims
General claims
Total claims. . ..

--

10. Has this bank been finally liquidated?

If so give:

Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

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)
0.•

Other causes, (specify). low..paper

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

No, varied

If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




no

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
Name of State

IM State bank
0 Trust company

Ei Stock savings bank

•

Illinois

0 Mutual savings bank

o

Private bank

1. Name of banldYfle8Ville State Bank

2. Date organized

9-610

3. Federal reserve district

Date suspended

7

Town or City Waynesville

11.-20-30

County_ DeWitt

Population of town or city*

No
Member or nonmember of F. R. System__

None
4. Number of branches operated: In city of parent bank_

Outside city of parent bank**

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




511

No

11-20-30
6. Condition figures, as of (date*)
Loans and discounts:
On real estate

6,5g6.22

Other

1,27.97
$ gg,014.19

Total loans and discounts

760.00

Real estate acquired in satisfaction of debts
Investments

893035
,.

All other resources

101,704.5
11

Total resources
Capital

25,000.00

Surplus and undivided profits

).o,796.1

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

4-3,1g1.17

Time deposits, including postal savings

17,726.56
$

Total deposits

6 907.73
0,

Borrowings from F. R. bank
5,000.00

Borrowings from other banks
All other liabilities

101,704-.54

Total liabilities
7. Has this bank been reopened'

No

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
Yes

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

5,000.00

Total payments

Per cent of payments
to claims allowed

None

Preferred claims. ..

None

None

General claims. ...

None

None

Total claims. . ..

5,000.00

None

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

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 (Name)
Other causes, (specify)

Depleted Cash Reserve

•

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known.

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

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

E State bank
El Trust company
El Stock savings bank

•

Mutual savings bank

Illinois

El Private bank

State Bank of
1. Name of bank_

2. Date organized

12-29-20

3. Federal reserve district

Date suspended

8

Town or City

8-4-27

West End

Population of town or city*

Saline

600

Member or nonmember of F. R. System.
"

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

None
None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




County

No

8-4-27

6. Condition figures, as of (date*)
Loans and discounts:

$

On real estate

9,236.17
27,364.02

Other

$

Total loans and discounts

36,600.19
4,723.90

Real estate acquired in satisfaction of debts
Investments

9,475.36

All other resources

50,799.45

Total resources

10,000.00

Capital

2,739.51

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

10,951.01
24,144.93
$

Total deposits

35,059.94

Borrowings from F. R. bank

3,000.00

Borrowings from other banks

.
50,799 115 }

All other liabilities
Total liabilities
7. H this bank been reopened?
Has

NO

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.




NO

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

...._
3,000.00

3,000.00

3,000.00

100

General claims.. ..

.57
33,530

5,o29.5d

5,o29.5d

15

Total claims. .. .

36,530.57

Secured claims. .. .
Preferred 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)

•

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Igrtnillture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No

If so, give dates and amounts of all assessments

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921

•

Report on a separate schedule each bank closed to the public either temporarily or permanently
supervisory authorities or by the bank's board of directors on account of financial difficulties. This
by
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
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

First State Savings Bank

9-7-29

3. Federal reserve district

Date suspended

8th

Franklin
Town or cityWest Frankfort County

4-24-30

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**

None
t,

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

14,690

No

6. Condition figures, as of (date*)

April 24, 1930

Loans and discounts:
On real estate
Other

( 527,153.55

Total loans and discounts

0$
\
/\

Real estate acquired in satisfaction of debts

527,153.55
21,695.59

Investments

191,888.85

All other resources

142,969.19
883,707.18

Total resources

100,000.00

Capital

12,953.66

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

248,090.32

Time deposits, including postal savings

314,098.23
$

Total deposits

562,188.55

Borrowings from F. R. bank
204,730.

Borrowings from other banks

3,834.97

All other liabilities

883,707.18

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.




No disposition 6-30-30
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:
(Ahiounts in dollars)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
I

.

Preferred claims

MI

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




c44 CrA±Zt,1k-

0-

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?

/

Industry

If so, state what industry or type of agriculture

Mining

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?




NO

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

Vj State bank

)
_a

O Trust company
O Stock savings bank

•

O

Illinois

Mutual savings bank

O Private bank

1. Name of ban

2. Date organized

West Salem State

9-23-20

3. Federal reserve district

Town or City West Salem

d
Date suspended

8-10-28

8

Iember or nonmember of F R. System

4. Number of branches operated: In city of parent bank

Population of town or city*

None

Outside city of parent bank**

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




County Edwards

946

Non

6. Condition figures, as of (date*)

——
81028

Loans and discounts:
On real estate
182,542.67

Other

182,542.67

Total loans and discounts

6,121.11

Real estate acquired in satisfaction of debts
Investments

26,460.47

All other resources

215,124.25

Total resources

25,000.00

Capital

4,550.00

Surplus and undivided profits
Deposits:
$

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

7,292.37
28,551.72
125,328.03
$ 161,172.12

Total deposits
Borrowings from F. R. bank

24,402.13

Borrowings from other banks
All other liabilities

215,124.25

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?

No

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?

Yes

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

24,402.13

24,402.13

24,402.13

100

General claims

144,131.46

17,295.77

17,295.77

12

Total claims

168,533.59

Secured claims...
Preferred claims

10. Has this bank been finally liquidated?
Date liquidation was completed

If so give:

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured

claims

Preferred claims
General claims
Total claims




Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc

•

Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Depleted cash reserve — large
Bills Payable

Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

A

iculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not known

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




NO

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

n State bank
El Trust company
El Stock savings bank

•

ILLINOI S

O Mutual savings bank
1E] Private bank

1. Name of bank

2. Date organized

First State Bank Company

27-08

Date suspended

Will iamsfield.
Town or City

3-26-30

County

Population of town or city*

Knox

435

7th
3. Federal reserve district

Member or nonmember of F. R. System__ Non

4. Number of branches operated: In city of parent bank__

NO

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.




6. Condition figures, as of (date*)

3-26-30

Loans and discounts:
On real estate

$

48,78g.17
158,457.35

Other
$ 207,245.52

Total loans and discounts

5,100.00

Real estate acquired in satisfaction of debts

Investments

6,000.00
16,746.33

All other resources

235,091.85

Total resources

30,000.00

Capital

,522.28

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

78,532.72
101,986.85

$

Total deposits

180,519.57

Borrowings from F. R. bank

6,000.00

Borrowings from other banks

50.00

All other liabilities

235,091.g5

Total liabilities
7. Has this bank been reopened?

No

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.




•

N0
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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

...._

Secured claims. .. .

6,000.00

6,000.00

6,000.00

loo

Preferred claims
14.9,629.87
General claims
155,629.87

+ ____

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)
Depleted cash reserve

Other causes, (specify)

X

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

Agriculture

If so, state what industry or type of agriculture_anning

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




NO

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
• National bank

in

Name of State

State bank

0 Trust company
• Stock savings bank

•

0 Mutual savings bank

ILLIN01.2

O Private bank

1. Name of bank The Winnebago State Bank

2. Date organized

9/28/12

3. Federal reserve district

Date suspended

7th

Town or City 77innebago

8/28/28

Population of town or city* 586

Member or nonmember of F. R. System

4. Number of branches operated: In city of parent bank_

Outside city of parent bank**

no

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.




i
County7 nnebago

No

August 27, 1928

6. Condition figures, as of (date*)
Loans and discounts:

$ 63.914.50

On real estate

56,655.91

Other
Total loans and discounts

$

Real estate acquired in satisfaction of debts

120,570.41
43,200.50

Investments

8,715.75

All other resources

9,600.22
182,086.88

Total resources

25,000.00

Capital

1,191.30

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

137,722.05
5.373.53
$

Total deposits

143,095.58

Borrowings from F. R. bank
Borrowings from other banks

12,800.00

All other liabilities
182,086.88

Total liabilities
7. Has this bank been reopened?

No

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? Yes

If so give:

Name of bank by which taken over Peoples State Bank, Winnebago (a new bank)
50% of deposit liability liquidated through a trusteeship; so% assumed by new bank
10/
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
Undetermined

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 claims. .. .

Payments from
guaranty fund

tirom__ --

$12,800

--- • Per cent of payments
Total pyinefifs
to claims allowed
_.
-,

sumo

100

Preferred claims
•

;

$71,547.79

$17,298.04

Total claims. . .. $155,895.5:

$84,347.79

"1'7,298.04

General claims.. ..

•
'

10. Has this bank been finally liquidated?
Date liquidation was completed

$88,845.8 ---- 2-----$101,645.8

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
Agriculture

or agriculture?

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenI Not known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




8-30-28

/ Yes

If so, give dates and amounts of all assessments

$24,785.23 deposited with trustee until final liquidation

2o be repaid at 0% interest

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

FA State bank
• Trust company
O Stock savings bank

•

O

Illinois

Mutual savings bank

O Private bank

.Wood River
Town or City

1st State & Savings Bank
1. Name of bank_

2. Date organized

8-6-09

Date suspended

8500

11-17-22

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.




Madison
County

No

6. Condition figures, as of (date*) 11-17-22
Loans and discounts:
$

On real estate

115,24-7.87
4-66,289.17

Other

$ 581,537.04-

Total loans and discounts
Real estate acquired in satisfaction of debts

85,054-.00

Investments

210,100.70

All other resources

876,691.74

Total resources

100,000.00
75,000.00

Capital
Surplus
U.D.

Surplus and undivided profits

5,705.23

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

177,023.83
319,011.11
$

Total deposits

496,034.94

Borrowings from F. R. bank
111,800.00

Borrowings from other banks

,151.57

All other liabilities

876,691.74-

Total liabilities
7. Has this bank been reopened?

No

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)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_
Secured

claims

Preferred claims..
General claims
Total claims.

10. Has this bank been finally liquidated? Yes
If so give:
Sept. 10, 1927
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . .. 31i,315.48

311.315.4g

311,315.1tg

100

13 ,604.83

13,604.83

13,604..83

100

General claims

350,707.36

182,175.43

182,175.43

49'

Total claims

674,627.67

Preferred claims




•
50 1 b 95:7q
)

15,a

59-

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 I, 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
ID

National bank
Name of State

gi State bank
0 Trust company
El Stock savings bank

ILLINOIS

0 Mutual savings bank

LI Private bank

1. Name of bank

Woodhull State Bank

Date suspended

7th

4. Number of branches operated: In city of parent bank

Henry

700
Population of town or city*

Member or nonmember of F. R. System__ 1\7°

No

Outside city of parent bank**

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




County

14- 2- 30

12-26-11
2. Date organized

3. Federal reserve district

Town or City Woodhull

No

4-2-30

6. Condition figures, as of (date*)
Loans and discounts:

$

On real estate

42,226.63
404,379.31

Other

446,.94
6o5

Total loans and discounts

2,000.00

Real estate acquired in satisfaction of debts
Investments

35,633.99
4-84-,239.93

All other resources
Total resources

40,000.00

Capital

31,473.89
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including Ti. S. Govt. deposits
Time deposits, including postal savings

107,251.85
268 514.19
,

Total deposits

$

375,766.04

Borrowings from F. R. bank
30,000.00

Borrowings from other banks

7 000.00
,

All other liabilities

484,239;
93

Total liabilities

7. Has this bank been reopened?

No

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.




No

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
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

30,000.0

30,000.00

30,000.00

100

302,994.7

60,598.90

60,598.90

20

Secured claims... .
Preferred claims
General claims

332,9911- 7
.

Total claims

_

,-- 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

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?

Agriculture

If so, state what industry or type of agriculture

Farming

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNot known

sion?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




NO

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

'
1
13

Name of State

[:g State bank
O Trust company
O Stock savings bank

•

O

Mutual savings bank

Illinois

O Private bank

1. Name of ban

2. Date organized

Orchard City State Bank

12-30-20

3. Federal reserve district

Date suspended

Town or City

5-24-21

Xenia

Population of town or city*

Clay

559
No

8
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

May 2/1-, 1921

6. Condition figures, as of (date*)
Loans and discounts:
On real estate

$

8,829.90
161,153.85

Other

169,983.75

Total loans and discounts

$
NA--)170 0
/
,

Real estate acquired in satisfaction of debts

19,500.00

Investments

20,000.00

All other resources

19,178.21
228,661.96

Total resources

25 p000.00

Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

96,197.01

Time deposits, including postal savings

79,035.70
175,232.71

Total deposits

27,000.00

Rediscounts

Borrowings from F. R. bank
Borrowings from other banks

1,4-29.25

All other liabilities

228,661.96

Total liabilities
7. Ilas this bank been reopened?

No

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

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

Yes

If so give:
March 10, 19211-

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)
T
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
suipension.

"Type of bank reported—check
appropriate one of the following

El National bank

pc]

State bank

o

Air

-4 L. Li.
)

_AL •,.7rte.3
-

Name of State

Trust company

O Stock savings bank
O Mutual savings bank

o

Illinois

Private bank

1. Name of bank Zeigler State Bank

2. Date organized

g-5-18

Zeigler

Town or City

Date suspended 12-3'3
0

County

Population of town or city*

Franklin

3$ 79
0
No

3. Federal reserve district

Member or nonmember of F. R. System

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

None

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.




NO

12-3-30
,

6. Condition figures, as of (date*)
Loans and discounts:

$

On real estate

10,443.p150,100.27

Other

160,544.01

Total loans and discounts
Co\
Real estate acquired in satisfaction of debts
Investments

36,630.62

All other resources

53,74g.0
0
25g,910.27

Total resources
Capital

25,000.00

Surplus anctUrclii*IMFROX

15,000.00
Undivided Profits

Deposits:

1,30.21

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

730301.1g
137,326.21
$ 210,627.39

Total deposits
Borrowings from F. R. bank

9,64-3.09

Borrowings from other banks
All other liabilities

25,
910.27

Total liabilities
7. Has this bank been reopened?

No

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:

Yes

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

9,643.09

Secured claims

Total payments

Per cent of payments
to claims allowed

None

Preferred claims

None

None

General claims

None

None
None

9,64349

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 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 (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture'

Agriculture

If so, state what industry or type of agriculture

Fe,rminz

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Not knovn

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?




No
.
•

If so, give dates and amounts of all assessments