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421.11-6 - Bank Suspensions Since Jan 1 1921 . Nonmember State Banks Indiana A-1 Committee on Branch Group & Chain Banking FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. , Type of bank reported—check appropriate one of the following O 15 National bank Name of State State bank O Trust company O Stock savings lorik O INDIA:._ Mutual savings bank O Private bank 1. Name,of bank • 2. Date organized ACT ON ST ATE B ANK Dec.20,1910 Town or City Date suspended June 17,192g 744 "-CTO/T County Population of town or city* Member or nonmember of F. R System Non—T7e nib er 3. Federal reserve district 4. Number of branches operated: In city of parent bank_ None No ne 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. 700 No loss No 6. Condition figures, as of (date*) Feb. 28, 1928 Loans and discounts: 74 896.41 , On real estate 112,700.03 Other 187,96.44 Total loans and discounts 4,000.00 Real estate acquired in satisfaction of debts , Investments 2,000.00 44,633.16 All other resources 238, 229.60 Total resources 25,000.00 Capital 16,781.34- Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 99, 381.19 6 5,854.4-2 $ Total deposits 156,235.61. Borrowings from F. R. bank 21,234.84 Borrowings from other banks 18,977.81 All other liabilities 238,229.60 Total liabilities Yes 7. Has this bank been reopened? Date of reopening y 5, 192A Name under which reopened Loss to depositors on: If so give: Acton State Bank Amount of loss Secured claims None Preferred claims Per cent of loss to claims None General claims Total None None * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Preferred claims .-- _ _, --- General claims. . . „,-'------ 1 56,235.61 ..---'''' ...--"" Total claims. .. . ---_„, 100i,-.2 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 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? 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? No If so, give dates and amounts of all assessments__ Voluntary contribution of enough (about *12,000) to remove the questionable assets. 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 119 Name of State 2] State bank 0 Trust company O Stock savings bank O IL DIAN A Mutual savings bank O Private bank PAM= STATE BANK 1. Name of bank_ • ALB IC-i D Date suspended 7 Population of town or city* NCBLE 1,100 Member or nonmember of F. R System Non—member 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 8/ 25/1930 7/1/1905 2. Date organized 3. Federal reserve district Town or City No 6/30/1930 6. Condition figures, as of (date*) Loans and discounts: 85 702 , .11 On real estate 180, 11-93.57 Other $ Total loans and discounts 276,195.6g Real estate acquired in satisfaction of debts 19,g22.11$ Investments 43,108.06 All other resources 93,787.83 11-32,921445 Total resources 35 000.00 , Capital 25,029.25 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 334,361.81 1,223 .39 $ Total deposits 335,585.2o Borrowings from F. R. bank 20,000.00 Borrowings from other banks .00 17,300 All other liabilities 32,92 .5 Total liabilities No 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 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 Total payments Per cent of payments to claims allowed _ Secured claims. ... Preferred claims No paym General claims as yet 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 Dividends paid from collections Payments from guaranty fund claims Preferred claims General claims Total claims . 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Suicide of Cashier 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? No If so, give dates and amounts of all assessmentc Will likely pay stockholders a dividend 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 70 Name of State O State bank • Trust company O Stock savings bank O Indiana Mutual savings bank O Private bank Angola State Bank 1- Tr. Co. 1. Name of bank__ Town or City Angola Stanton County • 2. Date organized Dec.20, 1906 Date suspended Mar. 15,1927 Population of town or city* 3. Federal reserve district 7 4. Number of branches operated: In city of parent bank Member or nonmember of F. R. System_ Non—member 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. 3,000 No 6. Condition figures, as of (date*) Dec. 31, 1926 Loans and discounts: On real estate 221,532.01 Other 434,632.24 $ 656,164.25 Total loans and discounts ,O 16,507.52 \ Real estate acquired in satisfaction of debts NP Investments 2,594.52 34,130.58 All other resources 129,30.87 Total resources Capital 6o,000.00 Surplus and undivided profits 29,645.76 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 183,94.2.09 Time deposits, including postal savings 363,313.01 Total deposits $ 547,255.10 Borrowings from F. R. bank 72,496.01 Borrowings from other banks All other liabilities 709,396.87 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. • ANGOLA BANK TRUST CO. Mack Pogue, Recether Angola, Indiana September 6, 1930 Department of Banking of Indiana Luther F. Simons, Bank Commissioner Indianapolis, Indiana Dear Sir: As per your reluest of 3eptertiber 4, 1930, I hereby submit the following statement as Receiver of the Angola Bank Trust Co.: The amount paid to date on preferred and secured claims To First National Bank, Port Wayne General Claims - To Depositors as follows: July 23, 1927 Dec. 1 1927 April 30, 1928 Oct. 15, 1928 1929 May 2, Dec. 16, 1929 - 20% 20% 20% 10% 10% 5% 80 distribution 95,453.50 distribution 96,294.93 distribution 95,66.62 distribution 47,;132.93 distribution 47,832.93 distribution 23 216.45 TOTAL PAID D':]P')SIT ORS r TOTAL PAT- ALL CLAIMS ) 111,350.12 407 Ll 7.49 513,547.54 I have to date paid B5% on general clais an: xill be able to nay at lea3t 5% more, makirc in all 90%. The illti,n-Lte los3 to depisitors will be approximat'ily 10%. We may be Plate 4,) pay -It the final settle:aent a little better than 5% ;:lore, but at t'.13 tine think it will be possible to nay ore than 33% don't . Yours very truly, Receiver, 'knc,ola 7-1.111-: Trust C-.). MP:HR 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 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 ..W. T-3-50-4r2---— Secured claims Payments from guaranty fund 1 , - Total payments ----------.- •12 Per cent of payments to claims allowed —100 -- None Preferred claims 57,253) 4.07,197.4.2 22--- 514417-545g7 ef5: 4 6 General claims... Total claims 10. Has this bank been finally liquidated? 71 .* . 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 alld agricultural products 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 1 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 4110 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? Yes If so, give dates and amounts of all assessments From the remaining assets the depositors will be paid in full. •••:: 100% 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 susi)ension. • Type of bank reported—check appropriate one of the following D 21 National bank Name of State State bank Trust company O Stock savings bank D INDIA/TA Mutual savings bank O Private bank 1. Name of bank ARGOS STATE BANK 2. Date organizedJulY• 3. Federal reserve district 192g 7th Town or City YA7-115HALI Date suspended Jan.16,1929 Population of town or city* 1. 00° Member or nonmember of F. R Systemi"n—Me mber 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 No Loss No Dec. 31, 1928 6. Condition figures, as of (date*) Loans and discounts: 37,900.27 On real estate 550,67.98 Other $ Total loans and discounts Real estate acquired in satisfaction of debts 5M,579-25 ()) 12,000.00 Investments 75,595-29 All other resources 676,174.54 Total resources 40,000.00 Capital ii,o64.53 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 597,962.90 Time deposits, including postal savings $ Total deposits 597,962.90 Borrowings from F. R. bank 27,000.00 Borrowings from other banks 147.11 All other liabilities 676,1711.51. Total liabilities Yes 7. has this bank been reopened? Date of reopening If so give: 3 -11-2 9 Name under which reopened Loss to depositors on: The Argos State Lank Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims.. . • General claims. .. . Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Internal dissension 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 bysupervisory 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 116 National bank Name of State • State bank O Trust company O Stock savings bank INDIANA 0 Mutual savings. bank El Private bank THE ARGOS STATE BANK 1. Name of bank_ • 2. Date organized Feb.22,1929 3. Federal reserve district Town or City ' Date suspended Jan 16,193° 7th ARGOS County Population of town or city* 1,000 — Member or nonmember of F. R SystemYonMember _ 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 ls: ) * 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. "dIS HALL 6. Condition figures, as of (date*) December 31, 1929 Loans and discounts: 81,384.71 On real estate 2211-,589.98 Other Total loans and discounts 305,97/1-.69 $ 3,955.48 Real estate acquired in satisfaction of debts flgi 2,800.00 \ Investments 37,573.26 All other resources 350,303.43 Total resources 25,000.00 Capital 8,073.66 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 163,4-01.41 125,358.84 288,760.25 Total deposits Borrowings from F. R. bank 25,693.714- Borrowings from other banks 2,775.7g All other liabilities 350,303.43 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 If so give payments to date: 9. Is this bank still in process of liquidation? Yes (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims No payment as yet Preferred claims... General claims. . .. Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims..... General claims Total claims. . .. Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment,laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) dp,p01110 .....,r+ 1,0•.... " 111141413 111111 " 11 Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 114 • National bank gg Name of State State bank II Trust company • Stock savings bank INDIANA [] Mutual savings bank • Private bank 1. Name of bank • 2. Date organized STATE BANK OF ATLANTA 12/19/17 3. Federal reserve district Date suspended 7 ATLANTA Town or City 4./22/1930 Population of town or city* HAMILTON 900 Non—membe r 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 2/101930 6. Condition figures, as of (date*) Loans and discounts: On real estate 133,13745 Other Total loans and discounts $ 133,137.05 Real estate acquired in satisfaction of debts \\, Investments 13 .030.47 All other resources 39 $ 9 077 40 Total resources A$565 9 602 25,000.00 Capital 7,2019.37 Surplus and undivided profits....4427,93:411..10. g.000 Deposits: Due to banks**... rookenuvire. cku Demand deposits, including U. S. Govt. deposits $ 466.29 11,470#451 Time deposits, including postal savings $ 1441,354.110 Total deposits Borrowings from F. R. bank 5•000 .00 • Borrowings from other banks 14.12 All other liabilities Total liabilities Th erlfllh 7. Has this bank been reopened? rogd to profit and lase sect, ire 1000000040904/01100041.1100000000e000 /.41941 If so give: ends liability of 4 100000410004,04100.00000•001100 rtg_s_de ficit of Date of reopeningleavi 1. 289.,7 1 130.44 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 Tee 9. Is this bank still in process of liquidation? Ifso 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 claims Secured 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 Decline in real estate values and agr'cultural pro ducts Contributing cause X 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 • MOW withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessmentc • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by s .upervisory 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 A State bank 0 Trust company Li Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank FARMS & • 2. Date organized SEPT.1 3. Federal reserve district RCHANTS BANK , Date suspended Town or City '-jr 'ICA FOUNTAIN mAR.14,192g Population of town or city* 3,300 7th 4. Number of branches operated: In city of parent bank Member or nonmember of F. R. System_ Non—Yember Yone 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 6. Condition figures, as of (date*) Dec. 31, 1922 Call Loans and discounts: $ 34-0,702.57 On real estate 4-63,786.52 Other $ 804,489.09 Total loans and discounts 27,779.71. t 30,840.00 Real estate acquired in satisfaction of debts Investments 175,391.75 All other resources 1,038 500.5g , Total resources 75,000.00 Capital 34-,018.2g Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings $ 24,773.86 4-53T,596. 429411.87 $ 909,482.30 Total deposits Borrowings from F. R. bank 20,000.00 Borrowings from other banks All other liabilities 1,038,500.5g 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 Per cent of loss to claims Loss to depositors on: Amount of loss S. Secured claims Preferred claims General claims. Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: Oct. 2, 1930 (Amounts in dollars) Claims allowed Payments from guaranty fund Dividends paid from collections Total payments Per cent of payments to claims allowed _ -et;;06 Secured claims. . ..--..-L-5640* Preferred claims... General claims. ... goet,010 227 370000 ' '.'"414 25% Total claims If so give: 10. Has this bank been finally 1iquidated150 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... Calieral claims Total claims. .. . • Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause X 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, (speeify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state what industry or type of agriculture X What was the approximate date of the beginning of the difficulty which ultimately caused the suspen• sion ? 1918 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the ort bank suspended?Yes If so, give dates and amounts of all assessmentc 01 Ocro 01' 1 If certain suits are decided favorable to the depositors and. the Attica & Chicago R.R. bonds are redeemed at around in full; 75% the depositorswill be paid otherwise they may lose 25% on the dollar. 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 LI State bank [KJ Trust company Name of State O Stock savings bank O Mutual savings bank El Private bank INDIANA 1. Name of bank First Bank and. Trust Co. • 2. Date organized 1-16-30 Date suspended Town or City Attica 12-22-3 0 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 No 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 Fountain 3,687 No 6-30-30 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 7,4-00.00 12,000.00 Other 19,11.00.00 Total loans and discounts Real estate acquired in satisfaction of debts 16,000.00 Investments 35,1100.00 All other resources 115,729.06 Total resources 50,000.00 Capital 12,589.46 Surplus and undivided profits Deposits: $ 5,000.00 Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 30,7/14.71 10,293.97 $ 46,o38.68 Total deposits Borrowings from F. R. bank Borrowings from other banks 7,100.92 All other liabilities 115,729.06 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. No If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. Preferred claims.. General claims. .. . Total claims. .. No distr bution 10. Has this bank been finally liquidated? Date liquidation was completed If so give: Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. .. . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Decline in real estate values Contributing cause X 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) X Failure of large debtor (Name) Other causes, (specify) No business Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 * Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following [11 National bank M ot, State bank Name of State [1] Trust company 1=1 Stock savings bank El INDIAA Mutual savings bank El Private bank 1. Name of bank • FkpraRS STATE BANK Nov.23,19142. Date organized 3. Federal reserve district Town or City BAINBRIDGE Date suspended Sept.3,1927 Population of town or city* 7th 4. Number of branches operated: In city of parent bank Outside city of parent 550 Member or nonmember of F R. SystemIcm- 17o ne 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 PUTNAM Y.° mber 6. Condition figures, as of (date*) Aug. 31 1927 Loans and discounts: $ On real estate 17,094.3g 112,991.4-0 Other $ 130,085.78 Total loans and discounts 11,486.28 Real estate acquired in satisfaction of debts• Investments 76,035.67 All other resources 217,607.73 Total resources 30,000.00 Capital 4,320.42 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 100,904.014- ,907.30 $ 129,811.34 Total deposits Borrowings from F. R. bank 3,600.00 Borrowings from other banks 50,475.97 All other liabilities 217,607.73 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. • 1.1...:._1•••••••• 410111 lott•t•Ts'. 0.- r it 41, , t •••• PRON.. 11' ft .••••••• \ 4+44,••• 4 it . t r••• • S \s't • Citizens Trust Company GuEENc.tsTLE. tr.be.r • ,2 C • . , e -•• -+••• :•- C 01: ota.11..3. .i 011 2.2. '0, been . . e- • f t; \ t_ A 0,7 AL A\ ,` s.• . 54 4 %,"•••• 1O 8. Has this bank been taken over by another bank? Ifso 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 Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed claims 1.-. : , Preferred claims it_ _ ,41110 • . (if,K1 I General claims -. _______a A,. ,, i , .,5 ,. Total claims. 1.11..-4-r269-•40 If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims. General claims Total claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? No If so, give dates and amounts of all assessments some remaining assets may pay 10'0 more 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 7 National bank Name of State X] State bank 0 Trust company O Stock savings bank • Mutual savings bank INDIANA O Private bank Beech Grove State Bank 1. Name of bank__ Town or CityBeech Grove 2. Date organized April 1,1913 Date suspended 11-26-21 3. Federal reserve district 7 Population of town or city* Marion 1400 Member or nonmember of F. R. System_ non—member 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 NO November 25, 1921 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 103,902.51 Total loans and discounts S,\\ Real estate acquired in satisfaction of debts 10,292.50 rd Investments 19,500.00 All other resources 57,840.65 181,535.66 Total resources 25,000.00 Capital 2,000.00 Surplus and undivided profits Deposits: $ 1,167.11.6 Due to banks** Demand deposits, including U. S. Govt. deposits 91,04-9.38 Tune deposits, including postal savings 33,258.27 125,475.11 Total deposits Borrowings from F. R. bank Borrowings from other banks 1 ,000 All other liabilities 15,860.55 181,535.66 Total liabilities No 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Amount of loss Loss to depositors on: Per cent of loss to claims Secured claims Preferred claims General claims ZstimAtea 6o% 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) /To If so give: Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? Yes (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments _ . Secured claims. .. Per cent of payments to claims allowed • Preferred claims 0-4)0•7 1 .-- General claims .q,3 3 Co i-ire. _400111011mr P ) ...41 Total claims . 10. Has this bank been finally liquidated? No If so give: Date liquidation was completed Collections: From liquidation of assets $ .67 082 From assessments on shareholders Other collections (explain) 66, 2 67 38 . Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund claims Preferred claims General claims Total claims see above 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? No If so, state what industry or type of agriculture No What was the approximate date of the beginning of the difficulty which ultimately caused the suspenoffered to the bank by the principal stocksion? Discounting worthless paper Lolders 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 No assessments made FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following LI [1g LI LI LI it2r National bank Name of State State bank Trust company Stock savings bank Mutual savings banic t INDIANA 1:1] Private bank PEOPLES STATE BANK 1. Name of,bank__ 2. Date organized 2/22/1903 3. Federal reserve district Date suspended Town or City 5 7 1930 // 7 BERNE County Population of town or city* 1,350 Member or nonmember of F. R System_Yon—member_ 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. ADAMS No 3/27/30 6. Condition figures, as of (date*) Loans and discounts: 71,005.00 On real estate 411,747.01 Other 482,752.01 Total loans and discounts 12.506.88 Real estate acquired in satisfaction of debts 1,700.94 Investments 65,198.38 All other resources 562,158.21 Total resources Capital 60%000.00 Surplus and undivided profits 18,559.31 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 1671900.89 Tune deposits, including postal savings 261,446.91 $ Total deposits 429,347.80 Borrowings from F. R. bank Borrowings from other banks 54,251.10 All other liabilities 562,158.21 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 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken oyer 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: (A mounts in dollars) • Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 85,869 Claims allowed 20 Total payments Per cent of payments to claims allowed _ Secured claims. . . Preferred claims. , General claims. . . /1-29,34-7 Total claims. ... No If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets 411/ From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed . Secured claims Preferred claims General claims. Total claims. Dividends paid from collections • Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessmentc Necessity for assessment unknown at this time. • 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. S Type of bank reported—check appropriate one of the following 0 National bank Name of State El State bank Ej Trust company 0 Stock savings bank 0 Mutual savings bank 0 Private bank 1. Name of bank 2. Date organized Farmers Bank 2-10-20 Trust Co. Town or City Date suspended__ 3. Federal reserve district Population of town or city* Greene Co. 1 876 ' Member or nonmember of F. R. System_ No 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. County 6-30-26 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 44,072.06 124,197.75 Other $ 168,269.81 Total loans and discounts 1, Real estate acquired in satisfaction of debts 6,434-.47 \\.) Investments 14-3, 8.15 25 All other resources 317,862.43 Total resources 50,000.00 Capital 7,958.77 Surplus and undivided profits Deposits: Due to banks** 82,692.21 Demand deposits, including U. S. Govt. deposits 40,026.45 Tune deposits, including postal savings Total deposits $ 122,71.66 Borrowings from F. R. bank 42,900.00 Borrowings from other banks All other liabilities 462.43 3172 Total liabilities 7. Has this bank been reopened? Yes Date of reopening If so give: 8-19-26 Name under which reopened Ame rican Trust Company Amount of loss Loss to depositors on: Secured claims Per cent of loss to claims $ Preferred claims ) 4a6jj General claims (4\23 Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. If so give: 8. Has this bank been taken over by another bank Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims. . .. Preferred claims.. . General claims Total claims 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims.. . General claims Total claims . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc X Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each -suspension. Type of bank reported—check appropriate one of the following 71_ • National bank Name of State z] State bank O Trust company INDIANA O Stock savings bank O Mutual savings bank c1 . : Private bank 1. Name of bank Studabaker Bank Town or City 2. Date organized Seot.29,1°03 Date suspended Mar.26,1927 3. Federal reserve district Seventh Bluffton 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 INe115 No 5,000 Non—rnember 6. Condition figures, as of (date*) March 26, 1927 Loans and discounts: On real estate 625,637.18 Other 961,907.74 Total loans and discounts $ 1,537,544.92 Real estate acquired in satisfaction of debts 14,268.58 \\) Investments 25,027.67 170,871.87 All other resources Total resources _1,797,713.04 200,000.00 Capital 34,398.72 Surplus and undivided profits Deposits: 7,505.71 Due.to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 44,750.88 1,369,957.73 $ Total deposits 1,222,314. 32 Borrowings from F. R. bank 341,000.00 Borrowings from other banks All other liabilities 1,797,713.04 Total liabilities 7. I-Ias 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: 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 Secured . claims .. .: • : II Total payments Per cent of payments to claims allowed •: 48 166.68 : _ _! e. Preferred claims Payments from guaranty fund —400% -: ---72-r3487e General claims... 1127,7'14,77 112,536.00 112,536.00 ; ' 4 10% 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 Decline in real estate values Contributing cause X 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 X • 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? No 110 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 ? 1923 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? No brought to enforce liability. If so, give dates and amounts of all assessments Lower or Circuit Court held there was no liability in Indiana and case is pending on appeal in Supreme Court. Suit 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 99 0 National bank O Pc] O O O Name of State State bank Trust company Stock savings bank INDIANA Mutual savings bank Private bank Bluffton Town or CityCounty -E—L Trust Co. -- -° 1. Name of bank_IlniD21--avin,, , • 2. Date organized 5-4—o6 3. Federal reserve district Date suspended 2-14-29 7 4. Number of branches operated: In city of parent bank Population of town or city* Member or nonmember of F. R 5,391 System__Non— member 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. Wells NO 12-31-28 6. Condition figures, as of (date*) Loans and discounts: On real estate 238,661.51 Other 129,774.69 Total loans and discounts $ Real estate acquired in satisfaction of debts 368,436.20 '(\ 77,579.05 Investments 138,089.32 All other resources , 584104.57 Total resources Capital 25,000.00 Surplus and undivided profits 25,188.62 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 171,46.18 Tune deposits, including postal savings 313,969.77 $ 485,415.95 Total deposits Borrowings from F. R. bank Borrowings from other banks 48,500.00 All other liabilities 584,104.57 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 Yes 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed -110--datEr— claims 6rt Preferred claims. 340 v 400 General claims.. . 584,000 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 X 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 No 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 suspen1927 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 M1 pay depositors in full • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following [1] National bank Name of State State bank Li C] Li LI Trust company Stock savings bank I1TDIATTA Mutual savings bank Private bank 1. Name of bank WELL S C OUNTY BANK Town or City • 3 2. Date organized June 26,1888 Date suspended Feb4. 11929 3. Federal reserve district 7th BLU?FT ON County Vvr.ELL Population of town or city* Member or nonmember of F. R. System_ None 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 5 000 Non—Member February 13, 1929 6. Condition figures, as of (date*) Loans and discounts: 217,33g.60 On real estate 1, , 289 646.04- Other 1, 6 9&I. 611. 50 , . $ Total loans and discounts rq' Real estate acquired in satisfaction of debts \ 25,245.00 Investments 98,894.53 All other resources 1,631,124.17 Total resources 200,000.00 Capital 50, . 000 00 Surplus and undivided profits Deposits: $ Due to banks** 311- 35g•87 1,1960-06.5 6 Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings $ Total deposits 1,234,765.4-3 Borrowings from F. R. bank Borrowings from other banks a 150,000.00 358.74 All other liabilities 1,131,124.17 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 If so give: 8. Has this bank been taken over by another bank? X Name of bank by which taken over X 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: Sept. 4, 1930 (Amounts in dollars) Claims allowed Dividends paid from collections Secured claims. General claims.. . 3 -2g0. -, 9* 111. 51,901.241— 51,901.2 Preferred claims 1,060,723.2 Total payments • •. -- • • Payments from guaranty fund _ 260,682.30 Per cent of payments to claims allowed .1. UU 51,9O1.2 ----- 100! o i 260,682.30 25% Total claims 10. Has this bank been finally liquidated? Date liquidation was completed NO X 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 X 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? No If so, state what industry or type of agriculture X What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 192.3 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 Suit pending to enforce statutory and constitutional liability. • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 111 0 National bank Name of State 20 State bank 0 Trust company 0 Stock savings bank 0 Mutual savings bank TNDIAI\TA 0 Private bank 1. Name of bank State Bank of Brook • 2. Date organized 5-21-211 Date suspended Town or City 12-19-30 3. Federal reserve district Brook Population of town or city* Neijbori 81)4 Member or nonmember of F. R. Systern___ther 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 9-24-30 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 49,727.30 38416i-0.92 Other 1434,373.22 Total loans and discounts 7,51)1.00 Real estate acquired in satisfaction of debts \- Investments 158,325.56 All other resources 600,233.18 Total resources Capital 50,000.00 Surplus and undivided profits 311,159.02 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 288,278.71 95,722045 $ 383,991.16 Total deposits Borrowings from F. R. bank 30,000.00 Borrowings from other banks 102,083.00 All other liabilities 600,233.18 Total liabilities 7. Has this bank been reopened? 'To 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 9. Is this bank still in process of liquidation? If so give payments to date: mounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. . . Preferred claims.. 4 ( / . General claims. .. Total claims. . .. If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. . Preferred claims General claims. .. Total claims. .. . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated, banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following O E State bank 104 National bank Name of State O Trust company INDI ANA 0 Stock savings batik 0 Mutual savings bank 0 Private bank PATTERS & MERCHANTS BANK 1. Name of bank__ • Town or City BTIYA7.71' County JAI 2. Date organized June 15,1904 Date suspended june 17 193q3opulation of town or city* 4.50 ' 3. Federal reserve district 7 7th 4. Number of branches operated: In city of parent bank Member or nonmember of F R System_ 110n—renter rone rone 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. Apri1 24, 1930 6. Condition figures, as of (date*) Loans and discounts: On real estate $ 43,068.89 100,000.00 Other Total loans and discounts • $ 143,068.89 43,000.00 Real estate acquired in satisfaction of debts 11-oo.00 Investments 16,558.03 All other resources 203,026.92 Total resources 25,000.00 Capital 9 399.62 , Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 63,739.17 95,53.90 $ Total deposits 159,278.07 Borrowings from F. R. bank 5,000.00 Borrowings from other banks 4, 349.23 . All other liabilities 203, 026.92 Total liabilities 7. Has this bank been reopened) LO 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) Claims allowed Payments from guaranty fund Dividends paid from collections Total payments Per cent of payments to claims allowed _ _ Secured claims. . . . Preferred claims N1 payment as ye General claims Total claims. . .. 10. Has this bank been finally liquidated? No If so give: Date liquidation was completed Collections: From liquidation of assets 12,500.00 From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. . Total claims. . . Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Decline in real estate values Contributing cause X 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? o If so, state what industry or type of agriculture • All What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1915 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes If so, give dates and amounts of all assessments_100110 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 iso State bank O Trust company Indiana O Stock savings bank O Mutual savings bank O Private bank • Farmers State Bank 1. Name of bank__ 2. Date organized June 2, 1906 3. Federal reserve district Date suspended Town or City Mar. 11,1927 7 County Population of town or city* 600 — Member or nonmember of F R. SystemNonmember 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. Miami Co. Bunker Hill No Dec. 31, 1926 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 59,010 135,352.811- Other $ 194,362.811- Total loans and discounts ,\13,125.00 Real estate acquired in satisfaction of debts Investments 27,129.24 All other resources 234 617.0E4 , Total resources 25,000.00 Capital 1,250.00 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 108,010.36 62,856.72 $ 170,867.08 Total deposits Borrowings from F. R. bank 37,500.00 Borrowings from other banks All other liabilities 234,617.08 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. 1411 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 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 Secured Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Preferred claims 12 ""44iaa* 1 -- General claims. ( 1'10, - 1 7 ,15O.31 75e i° 1 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 by cashier, who committed suicide 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 111 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? Yes If so, give dates and amounts of all assessments Some other assets from which small payments will be made. 100% 26 airo ; 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 sypended 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 1c] State bank O Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank Burney State Bank • , 2. Date organized' „7-4 ') 3. Federal reserve district Town or City Barney Date suspended 104-22 7th County Decatur Population of town or city* Member or nonmember of F R. System_N° 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. 35 0 iTo 10-3-22 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ Total loans and discounts 105,23.i9 6,800.00 Real estate acquired in satisfaction of debts Investments 15,E15.07 All other resources 128 Total resources 25,000.00 Capital 3 300.00 , Surplus and undivided profits Deposits: Due to banks** Demand deposits, including Ti. S. Govt. deposits Tune deposits, including postal savings 77 1011• 69 )1 8,794.05 4-1,805.74- Total deposits Borrowings from F. R. bank Borrowings from other banks 46,635.96 All other liabilities 11,696.6 4-38.26 128, Total liabilities 7. IIas this bank been reopened' Date of reopening Yes If so give: 12-12-22 Same Name under which reopened Loss to depositors on: Secured claims 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: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (A mounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims Preferred claims General claims. . .. Total claims.. .. 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc X Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following O National bank Name of State State bank 1=1 Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank . 2. Date organized BURNIY ST,ITE BANK ugA Town or City BURNEY County DECATUR .29 ,1913 Date suspended Apr.11,192g Population of town or city* 100 3. Federal reserve district 7th Member or nonmember of F. R. System_ Non—Member None 4. Number of branches operated: In city of parent bank rone 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. /To loss No Feb. 2g, 192g 6. Condition figures, as of (date*) Loans and discounts: 9,087.21 On real estate 61,82.8.37 Other $ Total loans and discounts 70,915.58 goo.00 Real estate acquired in satisfaction of debts Investments 10,317.92 All other resources 82,033.50 Total resources 25,000.00 Capital Surplus and undivided profits. NQ .011r.p 1,75.54 (1 .funsi . s..sh own. • Deposits: 898.42 Due to banks** 37,860.42 Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings $ 3 •75g•84 8 Total deposits Borrowings from F. R. bank 16,500.00 Borrowings from other banks 6.12 All other liabilities 82,033•50 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 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 Per cent of payments to claims allowed _ . _,DZ' , t.001.1611111r4 r. Secured claims. .. . Preferred claims... General claims. ... 23,533 12,564-.67 4 52-A 4 __ Total claims. ... 10. Has this bank been finally liquidated? No If so give: Date liquidation was completed Collections: 110 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 Decline in real estate values agr cultural values Contributing cause X 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) Lack of business X 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 All What was the approximate date of the beginning of the difficulty which ultimately caused the suspenNev er operated profitably . mon? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes If so, give dates and amounts of all assessments As all stockholders cannot respond to an assessment, it will require a 100% levy to pay depositors in full. 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 110 O National bank Name of State [Z State bank O Trust company. O Stock savings bank O INDIANA Mutual savings'bank 0. Pri\-ate bank • 1. Name of bank__FARMERS STATE BANK 2. Date organized 12/13/1907 3. Federal reserve district Date suspended Town or City 3/11/30 7 CAMDEN 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 CARROLL No 800 lion-member 3/7/30 6. Condition figures, as of (date*) Loans and discounts: On real estate 24,353.95 Other 52,201:17 76,555.12 Total loans and discounts 5,925.65 Real estate acquired in satisfaction of debts \ Investments 2,500.00 21,247.19 All other resources 106,227.96 Total resources 25,000.00 Capital • 4,668.58 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 32,393.63 40,179..92 72,573.55 Total deposits Borrowings from F. R. bank Borrowings from other banks • 3,985.83 All other liabilities 106,227.96 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. 411 8. Has this bank been taken over by another bank? No If so give: Name of bank by wilich 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.. .. 72,573 14,515 20• 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. And. agricalturp.1 .products 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) Lack of business Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • V FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following [11 National bank n State bank Name of State fl Trust company L] Stock savings bank [II Indiana Mutual savings bank Private bank Farmers State Bank 1. Name of bank__ • 2. Date organizedMay 28,1914 3. Federal reserve district Churublisco Town or City Date suspended Aug. 10,1926 Population of town or city* 7 4. Number of branches operated: In city of parent bank 825 Member or nonmember of F. R. System_Non—member 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 Whitley No June 30, 1926 6. Condition figures, as of (date*) Loans and discounts: 39,212.20 On real estate 124,272.92 Other $ 163,/1-85.12 Total loans and discounts a Real estate acquired in satisfaction of debts 8,850.46 \\)") Investments 30,245.02 All other resources 202,580.60 Total resources Capital 25,000.00 Surplus and undivided profits 10,629.00 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 69,479.37 Tune deposits, including postal savings 1 0, 4 472.23 $ Total deposits 109,951.60 Borrowings from F. R. bank 57,000.00 Borrowings from other banks All other liabilities 202,580.60 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) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims ---afs— r Preferred claims General claims. . . . 109,951 13,801 L.,. 19-A Lo Total claims.. .. 10. Has this bank been finally liquidated? Date liquidation was completed No If so give: Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. ... Total claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture ' What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after 1ie bank suspended? Yes If so, give dates and amounts of all assessmentc 100% Many of the stock-holders went into bankruptcy -- Not much recovery-So much litigation -- No estimate at present. ',110 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 §upervisory 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 it State bank • Trust company LI Stock savings bank INDIANA • Mutual savings bank LI Private bank 1. Name of bank Eacha nge Bank • 2. Date organized June 23,1926 3. Federal reserve district Town or City Chumbus co Date suspendedDe c.17,1927 7th County Population of town or city* Member or nonmember of F. R System_ iTone • 4. Number of branches operated: In city of parent bank Zone 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. iTo 1o ss io hitley E470 OnMemb - er Jan. 4-, 1928 6. Condition figures, as of (date*) Loans and discounts: 87,128.16 On real estate 222,139.03 Other $ 309,267.19 Total loans and discounts ,131.92 Real estate acquired in satisfaction of debts Investments 72,349.73 389,748.84- All other resources Total resources 50, 000.00 Capital 11,1911-.20 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 275,788.94 Tune deposits, including postal savings $ 275 7 .94 ,88 Total deposits Borrowings from F. R. bank 32,000.00 Borrowings from other banks 20,765.70 All other liabilities 389,748.84 Total liabilities 7. Has this bank been reopened? Date of reopening Yes If so give: 1-16-28 Name under which reopened Churubu.sco State Bank Loss to depositors on: None 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 ---. Secured claims. .. . Per cent of payments to claims allowed - Preferred claims... General claims. . .. . -,_88••4 Total claims. . .. 10. Has this bank been finally liquidated? No 100% ___ 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 lam*.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__ V;i11 pay small dividend to stockholders 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 iu Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank • 1. Name of bankSTATE BANK Of' CLAYPOOL 2. Date organized Feb. 7 -1917 Date suspended Town or City CLAYPOOL County KOSIUSKO July 6, 1928, 7th 3. Federal reserve district 4. Number of branches operated: In city of parent bank opulation of town or city* Member or nonmember of F. R. System_Non—Member 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. 350 No Dec. 31, 1927 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ 151,8111-.30 Total loans and discounts 1,000.00 Real estate acquired in satisfaction of debts 205.17 Investments 32,1 LI-2.20 All other resources 185,161.67 Total resources 25,000.00 Capital 12,261.71 Surplus and undivided profits • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 128,299.96 Time deposits, including postal savings 128,299.96 Total deposits Borrowings from F. R. bank 19,600.00 Borrowings from other banks All other liabilities 185,161.67 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. • 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 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 Secured claims. .. Preferred claims.. General claims. . .. -. Payments from guaranty fund Total payments 4 799714t• 3 ; Per cent of payments to claims allowed aDia- -, fixeze---- 48,112 12,299 37+ Total claims. . No 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 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, 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? 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? Yes If so, give dates and amounts of all assessments from Iihich it is estimated that $17,000.00 can be collected upon a favorable decision of the supreme: court. • 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 QM. O National bank Name of State O State bank Trust company INDIANA O Stock savings bank O Mutual savings bank O Private bank 1. Name of bank CLINTON. TRUST COMPANY 2. Date organized MaY 12, 3. Federal reserve district 1913 Date suspended' 7th 4. Number of branches operated: In city of parent bank 'Town or City CLINTON 30, Populationof town or city* 2_1_000 Member or nonmember of F. R. SystemNonMember_ N one Outside city of parent bank** None S. 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 V''..1CILLION No — 6. Condition figures, as of (date*) May 12, 1928 Loans and discounts: 208, 049.80 On real estate 249,198.83 Other $ 457,248.63 Total loans and discounts ,x0 . 56,051.70 j Real estate acquired in satisfaction of debts 25,000.00 Investments 165,905.88 All other resources 704,206.21 Total resources 50 000.00 , Capital 43,189.26 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 245,635.89 272,011.50 517,61I7.39 Total deposits Borrowings from F. R. bank 35,435.35 Borrowings from other banks 93, 69.56 3 All other liabilities 7014-,206.21 1111 Total liabilities No 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 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. . .tr : , .a....",------ Preferred claims ,/ 0 , General claims.. . 3? ‘0 (i Co / Total claims. 161,783.37 ____ fir IT° 10. Has this bank been finally liquidated? . 1.- . If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured Dividends paid from collections 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, 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) Failing of coal inanstr7 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 Some litigation, lo es to depositors e stbetted at 35% 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 INDIANA Iutual savings-bank O Private bank • 1. Name Of bank PROVIDMTT TRUST C0/.U'ANY 2. Date organized Nov.23,1g99 3. Federal reserve district 7th Date suspended Town or City COLUT13IA CITY County Sept.3.%1929 Population of town or city* 4,000 Member or nonmember of F. R. System_ None 4. Number of branches operated: In city of parent bank__ None Outside city of parent bank** TO 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. 7a-1iTL Non—Member 6. Condition figures, as of (date*) June 29, 1929 Loans and discounts: On real estate 168,013.94- Other 338,414.38 Total loans and discounts $ 506,428.32 33,637.6 Real estate acquired in satisfaction of debts 38,091.60 Investments 135,210.31 All other resources 713,368.09 Total resources 6o,000-.00 Capital 14 137.69 , Surplus and undivided profits Deposits: 11!- Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2f;11-,75g.-To 223,828.03 Total deposits $ 492,843.17 Borrowings from F. R. bank 100,000.00 Borrowings from other banks 46,387.23 All other liabilities 713,368•09 Total liabilities No 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 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) Dividends paid from collections Claims allowed Secured Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Preferred claims zm . . illit".1.1111" Of WIw , General claims. . .. 6+ Total claims. . .. 10. Has this bank been finally liquidated? /To 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? 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 ? 1928 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 Estimated the depositors will sufficient to pay that—amount. receive at least 50% — assets on hand are • 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 O State bank 30 National bank Name of State O Trust company O Stock savings bank O INDIANA Mutual savings bank • Private bank _ FAMES STATE BANK Town or City 1. Name of bank • 2. D ate organized 6/6/1907 3. Federal reserve district Date suspended 7 9/16/1930 CONladiSE Population of town or city* MIALA 1,4-00 Member or nonmember of F. R. SystemYon—member 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 9/13/1930 6. Condition figures, as of (date*) Loans and discounts: 64,223.17 On real estate 101,665.33 Other 165,88g.5a Total loans and discounts 17,996.13 Real estate acquired in satisfaction of debts \ \.r.° Investments 475.00 55,230. 05 . All other resources 239,589.68 Total resources 25,000.00 . Capital 1,275.09 Surplus and undivided profits Deposits: Due to banks** 176,231.72 Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 176,231.72 . Total deposits Borrowings from F. R. bank Borrowings from other banks 22,582.87 All other liabilities 239,589.68 Total liabilities 7. Has this bank been reopened? Date of reopening Yes If so give: 10N1930 Name under which reopened Loss to depositors on: Farmers State Bank, Converse 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) • Secured Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed claims Preferred claims General claims , Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund ' Secured claims. ... Preferred claims General claims. . .. Total claims. .. . 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Decline in *real estate values Contributing cause and agricultural products 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) False reports 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? NO Voluntary contribution of If so, give dates and amounts of all assessmentc $4o,000 to remove doubtful assets. 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 41 National bank Name of State r] State bank El Trust company LII Stock savings bank [11 Indiana Mutual savings bank Private bank 1. Name of bank Savings & Trust Co. 11 2. Date organized 11—A-9 Town or City Corydon — Date suspended 220-22 County Harrison 85 Population of town or city* 17 Member or nonmember of F. R. Systern_ 3. Federal reserve district 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. N0 No September 6. Condition figures, as of (date*) 6, 1921 Loans and discounts: 10E4,214.11 On real estate 91,152.32 Other $ 197,366.43 Total loans and discounts ts Real estate acquired in satisfaction of debts t000.00 Investments 7,810.46 All other resources 213,176.89 Total resources Capital 25,000.00 Surplus and undivided profits 11,263.72 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings $ Total deposits 176,913.17 Borrowings from F. R. bank Borrowings from other banks All other liabilities 213,176.89 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. i A --7 . ' 110' 8. Has this bank been taken over by another bank? , Name of bank by which taken over If so give: Al\t/Jfk.' Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims 7Let-4 General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims... General claims. ... Total claims. ... 10. Has this bank been finally liquidated? Date liquidation was completed Yes If so give: 8-1-26 (Liabiiitiez taken o_ver by American Trust Co. Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured Dividends paid from collections claims Preferred claims General claims. .. Total claims. . No Loss 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? 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 suiDervisory 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 31 National bank Name of State El State bank LI Trust company LI Stock savings bank El Mutual savings bank INDIANA Private bank 1. Name of bank Old. Capital Bank & Trust Co. Town or City Corydon • 2. Date organized 3-1-22 Date suspended 11-21-70 Population of town or city* 2,o06 Member or nonmember of F. R. System non—member 3. Federal reserve district 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 Harrison 9-24--30 6. Condition figures, as of (date*) Loans and discounts: On real estate 269,244.43 Other 364,317.76 $ 633,562.19 Total loans and discounts #-\ 1,790.70 Real estate acquired in satisfaction of debts \D ') Investments 16,538.84 187,776.28 All other resources _g_39,668.01 Total resources 150,000.00 Capital 4-6,4-61.89 Surplus and undivided profits Deposits: 161.98 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 193,013.62 421,350.52 $ Total deposits 614,526.12 Borrowings from F. R. bank Borrowings from other banks 28,680.00 All other liabilities 839,668.01 Total liabilities 7. Has this bank been reopened? Yes Date of reopening If so give: 121-30 — Name under which reopened Loss to depositors on: Same 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) • Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. ... Preferred claims. General claims. . Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: 410 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) e X 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 keport on a separate schedule each bank closed to the public either temporarily or permanently )py 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 suspendqd 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 apbropriate one of the following 124 O National bank M Name of State State bank O Trust company O Stock savings'bank` O INDTANI Mutual savings bat* 1:1 Private bank 1. Name of bank • 2. Date organized CITIZENS BANK 10/1 1914. / 3. Federal reserve district _ _Town or City Date suspended 3/27/30 7 COVINGTON Population of town or city* 2,500 Member or nonmember of F. R System_ Nonmember 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 FOUNTAIN No 12/31/1929 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 92,1.104-.20 351,388.08 Other $ Total loans and discounts 44.3,792.28 /14,605.95 Real estate acquired in satisfaction of debts 2,613.47 Investments 274,661,75 All other resources 765,673.35 Total resources Capital 6o,000.00 Surplus and undivided profits 21,938.93 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 2146,658.58 Tune deposits, including postal savings 130,521.611 377,180.22 Total deposits Borrowings from F. R. bank Borrowings from other banks 306,554.20 All other liabilities 765,673.35 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) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. .. . _ Preferred claims. . No payment as yet 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) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state what industry or type of agriculture Al.1 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1918 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? Wil 1 be If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 1_54 p National bank Name of State •State bank El Trust company El Stock savings bank INDI ANA Ej Mutual savings bank • Private bank • CITIZENS STATE 13ANK 1. Name of bank_ 2. Date organized Aug. _i•,.8 199 Date suspended . Town or City CROT HERVIIIE County Sept.12,1923 Population of town or city* 8th 3. Federal reserve district 1,500 Member or nonmember of F. R. System Non—member None 4. Number of branches operated: In city of parent bank None 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. JACKSON 6. Condition figures, as of (date*)June 27, 1923 Loans and discounts: On real estate Other Total loans and discounts $ 86,4-71.92 4,o56.00 Real estate acquired in satisfaction of debts Investments 24,507.42 All other resources 115,035.34 Total resources 25,000.00 Capital 2,590.00 Surplus and undivided profits 11111 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 42,779.07 438 2,064. Total deposits $ ,811-3.45 Borrowings from F. R. bank Borrowings from other banks 2,601.89 All other liabilities 115,035.34 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. 110 8. Has this bank been taken over by another bank? Tro If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) • Dividends paid from collections Claims allowed Payments from guaranty fund 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: 1929 Collections: 7g,200 From liquidation of assets ii,goo From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Preferred claims General claims Total claims 90,000 90,000 100 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) Clo sins of the other bank in the same town 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 110 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? Yes If so, give dates and amounts of all assessments If suits now pending terminate favorably to the bank, stockholders will receive a rebate on assessment paid 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 sus15ended 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 Eg Name of State State bank fl Trust company 0 Stock savings bank INDIANA 0 Mutual savings bank 0. Private bank • 1. Name of bank_ CROTURSVILLE STATE BANK 2. Date organized 8 24/1899 / 3. Federal reserve district Town or City. CROTHERSVILLE County Date suspended 9/12/23 8 Population of town or city* 1,500 Member or nonmember of F. R. System__ Non—member 4. Number of branches operated: In city of parent bank Outside city of parent bank** None None 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. JACKSON No 6. Condition figures, as of (date*) June 30, 1923 Loans and discounts: On real estate Other $ Total loans and discounts 2811..296.12 Real estate acquired in satisfaction of debts Investments 10,407.47 All other resources 63,018.79 357,722.38 Total resources Capital 30,000.00 Surplus and undivided profits 17,484.54 Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2,812.41 160,239.94 130,680.49 $ Total deposits 290,920..43 Borrowings from F. R. bank 10,000.00 Borrowings from other banks 9,317.41 All other liabilities 357,722.38 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 - Secured claims. . Per cent of payments to claims allowed None It Preferred claims General claims.... $135 1 000 6 O,730 Total claims 10. Has this bank been finally liquidated? No 45% 45% 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 Dividends paid from collections Payments from guaranty fund t claims Total payments , _ Preferred claims. General claims 35% Total claims Estimated enough good asse s to pay 20Z more Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. • Primary cause Decline in real estate values Contributing cause X 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 YES or agriculture? $55,000 of second mortgage farm loans, If so, state what industry or type of agriculture almost worthless • What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1918 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 1924: $18,000 100% 130 0 -0 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. 'Type of bank reported—check appropriate one of the following 78 Ej National bank J Name of State State bank [I] Trust company [I Stock savings bank INDIANA [I] Mutual savings bank Ej Private bank 1. Name of bank FARTERS & AERCHANTS STATE BANKmrn or City DALE County SPENCER • 2. Date organized June 18, 19 Date suspended 110v - 19, 19214 ropulation of town or city* 19 3. Federal reserve district gth Non—Member Member or nonmember of F. R. System_ None 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. goo NO 6. Condition figures, as of (date*) Oct. 3, 1928 Loans and discounts: $ 20,314.00 On real estate 84,977.12 Other Total loans and discounts $ 105,292.12 Real estate acquired in satisfaction of debts Investments 50,500.00 All other resources 33,398.77 189,190.89 Total resources 25,000.00 Capital 6,925.94. Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 43,(.192.15 113,372.80 157,2&I.95 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 189,190.89 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 Total payments Per cent of payments to claims allowed Secured claims... . Preferred claims General claims. .. . No P: ments 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 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) X Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? 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 Yes bank suspended? If so, give dates and amounts of all assessments 100% 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 M State bank 0 Trust company LI Stock savings bank O Mutual savings bank Indiana O Private bank Bank 1. Name of bank Darlington State 2. Date organized June 1,1912 3. Federal reserve district Date suspended Town or City Darlington Jan. 7,1927 7 Population of town or city* Montgomery 950 Non—member 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 6. Condition figures, as of (date*) Jan. 7, 1927 Loans and discounts: On real estate $ 88,432.110 1114-,1157.40 Other $ 202,8g9.80 Total loans and discounts (1) ')\) Real estate acquired in satisfaction of debts 6,159.71 Investments 16,857.90 All other resources 225,907.41 Total resources 25,000.00 Capital 6,o0o.00 . Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 10g,34-9.811 6o,847.a8 $ Total deposits 169,196.92 Borrowings from F. R. bank Borrowings from other banks 10,000.00 All other liabilities 15,710.119 225,907.41 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 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) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments _ - A —ao--Geo------ Secured claims. . . Per cent of payments to claims allowed loo None Preferred claims \ ' N General claims 1) 1169, 126,897 75 Total claims 10. Has this bank been finally liquidated? No If so give: Date liquidation was completed Collections: From liquidation of assets / 411 1 From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured 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 and aricultural products 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? Yes If so, give dates and amounts of all assessments ,5 10010 47 ...rrr) 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 Et State bank Name of State Trust company EJ Stock savings bank INDIANA E] Mutual savings bank • Private bank 1. Name of bank 2. Date organized OLD ADM s COUNTY BANK July Town or City DECATUR County ADAT , g7/11 Date suspended' 24 Tune 13 193° Population of town or city* ' 7th 3. Federal reserve district N on—Me mix r Member or nonmember of F. R. System_ X 4. Number of branches operated: In city of parent bank X 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. 5,500 TT0 jar. 27, 1930 : 6. Condition figures, as of (date*) Loans and discounts: On real estate $ 131,808.36 785,062.36 Other 916,870.99 Total loans and discounts 62,214-.92 Real estate acquired in satisfaction of debts 0 \1 12,620.94 Investments 255,768.og All other resources 1,247,4711,93 Total resources -a() 0, ( Capital Surplus and undivided profits Deposits: 1 2,396.70 Due to banks** 396,1.73 Demand deposits, including U. S. Govt. deposits 527,939.76 Time deposits, including postal savings $ 924, 128.49 Total deposits X Borrowings from F. R. bank 125 000.90 185,949.742) i.f//1(/'01 / Borrowings from other banks All other liabilities 1,247,4711..93 Total liabilities 4Ait, 7. has this bank been reopened? Date of reopening Yes If so give: Oct.224933 Name under which reopened Loss to depositors on: AA AN/ 1 Old Adam s County Bank Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total None 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. .0 17 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. ... Preferred claims... General claims. .. . 924,128.49 Total claims. ... 10021, ,,, 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 foll8wing which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause X Decline in real estate values Losses due to unforeseen agricuural 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 No 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 ? 1925 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 'roluntary contribution by the stockholders of $120,000.000 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 susTended 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 ‘suspehsion. • Type of bank reported—check appropriate one of the following 111 National bank Name of State 0 State bank M Trust company 0 Stock savings bank INDIANA 0 Mutual savings bank LI Private bank PEOPLES LOAN & TRUST CO. 1. Name of bank • 2. Date organized 3. Federal reserve district Town or City / /0 12 2 / / 8 3-9Mte suspended 6 14 3 7 4. Number of branches operated: In city of parent bank Outside city of parent DECATUR Population of town or city* ADitlia3 5,500 Nonmember Member or nonmember of F R System_ None 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 3 27/30 / 6. Condition figures, as of (date*) Loans and discounts: On real estate $ 136,393.04 285,135.97 Other 421,529.01 Total loans and discounts („9 \28,005.00 Real estate acquired in satisfaction of debts 7,150,00 Investments 67,318.23 All other resources 524 Total resources 002 2/4 . 5o,000.00 Capital 12,621. . 8/4 Surplus and undivided profits • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 21/4,060.78 Tune deposits, including postal savings 212,319.62 $ Total deposits 426,380.40 Borrowings from F. R. bank 3,000.00 Borrowings from other banks All other liabilities 524,002.24 Total liabilities yes 7. Has this bank been reopened? Date of reopening 8 30 7/ / Name under which reopened Loss to depositors on: If so give: Peoples Loan & Trust Co. Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims 213,190 50 Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims General claims. .. . Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specifY) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 17 El National bank Name of State El State bank KI Trust company El Stock savings bank INDIANA [I] Mutual savings bank El Private bank .st Co. Town Loan 8c Tru or City 1. Name of bank Carroll Co. 2. Date organized 4-18-10 3. Federal reserve district Date suspended 7-27-28 7 Delphi County Population of town or city* 2.087 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. Carroll No No 6. Condition figures, as of (date*) 6-30-28 Loans and discounts: On real estate Other $ Total loans and discounts 419,111.38 Real estate acquired in satisfaction of debts 1,630.00 Investments 1,990.94 34,561.00 All other resources 457,293.32 Total resources 25,000.00 Capital 9,230.30 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 128,674.34 Time deposits, including postal savings 253,045.33 $ Total deposits 381,719.67 Borrowings from F. R. bank 40,000.00 Borrowings from other banks 1,343.35 All other liabilities 457,293.32 Total liabilities Yes 7. Has this bank been reopened? Date of reopening 91128 —— Name under which reopened Loss to depositors on: If so give: Same 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. • If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims. . , Preferred claims. General claims. . Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. .. . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause X Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following LI National bank fn 42 Name of State State bank LI Trust company LI Stock savings bank LI Mutual savings bank INDIANA D Private bank 1. Name of bank • 2. Date organized Citizens State Bank 11-24-11 3. Federal reserve district Town or City Dunkirk Date suspended 120-22 7 • 4. Number of branches operated: In city of parent bank Jay Population of town or city* 2,532 Member or nonmember of F. R. System__ No 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 12-31-21 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ Total loans and discounts 197, . 008 4-6 (, 3,500.00 4 Real estate acquired in satisfaction of debts 5,000.00 Investments 23,3 .20 88 All other resources 226,896.66 Total resources 30,000.00 Capital 3,000.00 Surplus and undivided profits • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 67,251.00 Tune deposits, including postal savings 66,911.18 134-462.18 Total deposits Borrowings from F. R. bank 44,939.51 Borrowings from other banks 14,784-.97 All other liabilities 226,896.66 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. 410 S. Has this bank been taken over by another bank? Yes If so give: Name of bank by which taken over First State Bank, Dunkirk, Indiana Date taken over 1-26-22 Loss to depositors on: Amount of loss None Secured claims Per cent of loss to claims $ Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. ... Preferred claims.. . General claims. .. . Total claims. . .. If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets $ 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)..... cormlidt3.tion X Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture . What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 1_34 0 National bank Name of State Es State bank 0 Trust company 0 Stock savings bank INDIANA 0 Mutual savings bank LI Private bank 1. Name of bank • AMERICAN STATE BANK EAST CHICAGO Date suspended 7 LAKE 25,000 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 9/20/1930 9/19/1917 2. D ate organized 3. Federal reserve district Town or City No Non-member 6/30/1930 6. Condition figures, as of (date*) Loans and discounts: 176,037.91 On real estate 527,788.13 Other 703,826.04 Total loans and discounts \ 1 5,7.52 Real estate acquired in satisfaction of debts 5,402.08 Investments 121, 11-65.82 All other resources ,482.46 Total resources Capital 50,000.00 Surplus and undivided profits 14-1,859.91 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 2,200.00 664,722.55 $ Total deposits 666,922.55 Borrowings from F. R. bank 87,70040 Borrowings from other banks All other liabilities 84 .6,4-82.46 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) • Claims allowed ' Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims Preferred claims nt s No p General claims Total claims 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Disappearance of President Other causes, (specify) I Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following orz [i] National bank Name of State [3 State bank El Trust company El Stock savings bank INDIANA E] Mutual savings bank LI Private bank 1. Name of bank • Crawford Co. State Bank —— 2. Date organized 12502 3. Federal reserve district Date suspended Town or City English 11-21-30 8 County Population of town or city* Crawford 576 Member or nonmember of F. R. System. non—member 4. Number of branches operated: In city of parent bank Outside city of parent bank** • 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. 6-30-3- 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 139, 835.57 233,038.05 Other $ 372,873.62 Total loans and discounts Real estate acquired in satisfaction of debts 2,337.29 Investments 2,500.00 366,988.56 All other resources 744,709.4-7 Total resources 25,000,00 Capital 10,606.23 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 104,092.89 Time deposits, including postal savings 485,960.35 $ Total deposits 690,053.24 Borrowings from F. R. bank Borrowings from other banks 19 ,050.00 All other liabilities 744,709 A-7 Total liabilities Yes 7. Has this bank been reopened? Date of reopening If so give: 124-30 Same Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims None General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. . .. Preferred claims.. . General claims. . .. Total claims. . .. If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed 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) X Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following O National bank 22 Name of State 12i State bank O Trust company O Stock savings bank O INDIANA' Mutual savings bank O Private bank 1. Name of bank FAIEIMSBURG STATE BANK • 1925 2. Date organized Feb .1 , Town or City FARMERSBURG County SULLIVA: . Date suspended Mar 11 4929 Population of town or city* 1,200 g th 3. Federal reserve district Member or nonmember of F. R. System 1\7°'-'"embe r 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 Dec. 31, 1928 6. Condition figures, as of (date*) Loans and discounts: 168,209.76 On real estate 346,710.49 Other 514,920.25 Total loans and discounts Real estate acquired in satisfaction of debts fq 6,350.00 Investments 236,147.49 All other resources 757,417.74. Total resources 50,000.00 Capital 22,517.88 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 197,298.56 251,297.36 $ Total deposits 448,595.92 Borrowings from F. R. bank 83,69.00 Borrowings from other banks 152,613.94 All other liabilities 757,41 7.74 Total liabilities 7. Has this bank been reopened? Date of reopening Apr. • Yes 6, 1929 Name under which reopened Loss to depositors on: If so give: Farmersburg State Bank Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims j,L, 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 If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Per cent of payments to claims allowed Total payments ......„.---, Secured claims.... Preferred claims... General claims. ... '' Total claims. . .. 4-4-8,595.92 100% 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)...Fai.1re. of • othe r• hanks..in. the X community 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 Voluntary contribution of $50, . 00 00 by the stockholders. 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_3 Name of State O State bank PK1 Trust company O Stock savings bank O Indiana Mutual savings bank O Private bank Carroll Co. Loan Trust and Savings Co. 1. Name of bank Town or City May 2 1910 , 1,1927 2. Date organized 3. Federal reserve district Oct. Date suspended 7 4. Number of branches operated: In city of parent bank Flora Population of town or city* Member or nonmember of F R System None Outside city of parent bank** Leone 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 Carroll 1700 Non—member 6. Condition figures, as of (date*) Oct. 11, 1927 Loans and discounts: s On real estate 72,044.06 1159,131.71 Other $ 531,175.77 Total loans and discounts r3 12,028.95 ) n Real estate acquired in satisfaction of debts 5 Investments 2,235.4o 90,242.39 All other resources _35,6E42.51 Total resources Capital 50,000.00 Surplus and undivided profits 16,772.05 • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 192,283.45 Time deposits, including postal savings 236,556.83 $ 1128,840.28 Total deposits Borrowings from F. R. bank 140,000.00 Borrowings from other banks All other liabilities 70.18 635,682.51 Total liabilities 7. Has this bank been reopened? Date of reopening If so give: October 24, 1927 Name under which reopened Loss to depositors on: Yes Flora State Bank Amount of loss Per cent of loss to claims Secured claims Preferred claims • I.ion, PA 1 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: Prom 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,(specifyiti •ation developed a run Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 158 LI National bank Name of State 12 State bank LI Trust company EJ Stock savings bank INDIANA Mutual savings bank LI Private bank Wayne State Bank 1. Name of bank Fort • 2. Date organized 11-10-19 3. Federal reserve district Town or City-F°rt ''',rayne Date suspended 9-22-25 7 4. Number of branches operated: In city of parent bank County Allen Population of town or city* 100,000 Member or nonmember of F. R. System_ II° i:°116 Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. I:0 6. Condition figures, as of (date*) 6-30-25 Loans and discounts: On real estate Other 244,228.78 $ Total loans and discounts Real estate acquired in satisfaction of debts 0'. Investments 15,790.00 All other resources 65,067.17 325,085.95 Total resources 57,500.00 Capital 1,665.00 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 103,337.40 Tune deposits, including postal savings 137,245.39 $ Total deposits 582 ' 79 240 Borrowings from F. R. bank 25,000.00 Borrowings from other banks 338.16 All other liabilities 325,085.95 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 clainis 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:o 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: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims General claims. . . . Total claims 10. Has this bank been finally liquidated? Yes If so give: 1930 Date liquidation was completed • Depositors paid in full. No assessment. Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Preferred claims General claims Total claims. . . . Lfo,3 , _110 ,573 I t 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? If so, state what industry or type of agriculture • What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessmentc FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspendcd on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each 'suspension. Type of bank reported—check appropriate one of the following National bank M Name of State State bank LI Trust company Stock saving's bank INDIANA .0 Mutual savings bank [1 Private bank , 1. Name of 1?ank 2. Date organized STATE BANK OF FRANCMVILLE Town or City FIRANCESVILLE 9/18/1902 Date suspended 3. Federal reserve district 5/16/30 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 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 FULASKI No BOO Non—member / /1930 5 8 6. Condition figures, as of (date*) Loans and discounts: 38,652.18 On real estate 203,337.29 Other $ Total loans and discounts 241,989.47 13,000.00 Real estate acquired in satisfaction of debts 11,200.00 Investments 39,012 ,35 All other resources 305, 201.2 Total resources 25,000.00 Capital 03 . 25, 8 27 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 144,085.61 107,962.79 252,048,40 Total deposits Borrowings from F. R. bank Borrowings from other banks 3.31C•15 All other liabilities 305,201.62 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. 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 Ye s 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... No payments G eneral claims. .. . . Total claims... . No if so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Recovery will be small Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims... General claims Total claims. Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • •Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture . What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? yes If so, give dates and amounts of all assessments Considerable litigation 100% (My FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following EJ n 111 National bank State bank Name of State LI Trust company • Stock savings bank INDIANA. LI Mutual savings bank El Private bank ..PT.P‘ST STATE BAITK 1. Name of bank 2. Date organized June it 0.912 Town or City Date suspended G'..IXEST ON County r.104927 Population of town or city* 7th 3. Federal reserve district Member or nonmember of F. R. System_ None 4. Number of branches operated: In city clf 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 5. * 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 loss CASS 700 Ton—Member Dec. 31, 1926 6. Condition figures, as of (date*) Loans and discounts: On real estate 33,881.61 Other 93,033.73 126,915.34 $ Total loans and discounts 15,500.00 Real estate acquired in satisfaction of debts N'act Investments 1,250.00 38,432.8g All other resources 182,098.22 Total resources 25,000.00 Capital 7,123.73 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 60,137.29 58,718.46 855.75 $ 3.18, Total deposits Borrowings from F. R. bank 13,000.00 Borrowings from other banks 1i. ,118.7 All other liabilities 182,09g•22 Total liabilities Yes 7. Has this bank been reopened? Date of reopening If so give: 5-9-1927 Name under which reopenedCitizens State Bank Loss to depositors on: None • 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) 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 8 .-. Totalclaims...''' 55•75 10. Has this bank been finally liquidated? No 100'" i 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 deposits9gi1g to false reports • .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? 'To If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1926 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessmentc Enough contributed by stockholders to remove questionable assets • 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 38 r: National bank Name of State 13/j State bank [j] Trust company O Stock savings bank O IND I Ara Mutual savings bank O Private bank 1. Name of bank • AMERICAN STATE BANK Town or City -:• 2. Date organized Apr.17,1910 Date suspended A 5 9 ,1- 1930 GARY County Population of town or city* 65,000 7th 3. Federal reserve district Member or nonmember of F. R. System Non—Membr_ 4. Number of branches operated: In city of parent bank None None Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. No loss LAKE No June 30, 1930 6. Condition figures, as of (date*) Loans and discounts: 111,316,67 On real estate 241,222.14 Other 353,o3g.gi Total loans and discounts 36,894.39 Real estate acquired in satisfaction of debts 250,750.00 Investments 24-5,74-0.85 All other resources 886,424.o5 Total resources 50,000.00 Capital 55,526.31 Surplus and undivided profits Deposits: $ 14,732.08 Due to banks** 764,415.66 Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings $779,147.74 Total deposits Borrowings from F. R. bank Borrowings from other banks 1,750.00 All other liabilities $86,424.05 Total liabilities 7. Has this bank been reopened' Date of reopening Yes If so give: 8-23-1930 Name under which reopened Loss to depositors on: First Indiana State Bank 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 ITo 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims. . Preferred claims. General claims. Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of ssets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. .. . Preferred claims General claims. . .. Total claims. Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Suicide of President X Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture • What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessmentc FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed,to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following EJ 48 National bank Name of State ,n State bank El Trust company El Stock savings bank [I] Mutual savings bank El Private bank 1. Name of bank 2. Date organized Indiana Central State Bank 10-11-19 3. Federal reserve district Date suspended Town or City 11-9-21 Seventh 4. Number of branches operated: In city of parent bank GarY County Population of town or city* Member or nonmember of F. R. System None Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. None Lake 55.37E Nonmember —— 112621 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ 61,043.87 Total loans and discounts Real estate acquired in satisfaction of debts Investments 31,863.00 All other resources 16,830.05 1_0,736.92 Total resources 25,000.00 Capital 5.000,00 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 11,1I52.02 Time deposits, including postal savings 55, 611-1.53 $ 67, 093.55 Total deposits Borrowings from F. R. bank 3,144.74 Borrowings from other banks 102.00 All other liabilities 109,736,92 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 If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims... This bank 1aever paid a d' e and never 11. It was negro bank. General claims. ... Total claims. ... 10. Has this bank been finally liquidated? Date liquidation was completed :Jo If so give: Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • 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 Name of State O State bank M 146 National bank Trust company O Stock savings bank O Mutual savings bank INDIANA 0 Private bank 1. Name of bank Central Trust & Savings Bic. Town or City 2. Date organized 1-4-10 3. Federal reserve district Date suspended 12-29-30 7 4. Number of branches operated: In city of parent bank Gary Population of town or city* 100,749 Member or nonmember of F. R. Systern__N°n-member No 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 Lake 6. Condition figures, as of (date*) 9 4 0 -2 -3 Loans and discounts: $ 297,632.12 On real estate 262,167./45 Other $ 579,799.57 Total loans and discounts 0\ 17,1483.36 r\ Real estate acquired in satisfaction of debts Investments 2)19,391.37 All other resources 328,26/4.43 1,714,938.73 Total resources 100,000.00 Capital 73,689.67 Surplus and undivided profits Deposits: $ Due to banks** 10,996.46 Demand deposits, including U. S. Govt. deposits 278,235.38 Time deposits, including postal savings 1443,334.77 $ 732,566.61 Total deposits Borrowings from F. R. bank Borrowings from other banks 149,677.05 All other liabilities 119,005.40 938.73 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? No If so give: Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss Secured claims Preferred claims General claims Total If so give payments to date: Yes 9. Is this bank still iii process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments __ Secured claims. . .. - Preferred claims.. . General claims Per cent of payments to claims allowed ,. Total claims. . . None If so give: 10. Has this bank been finally liquidated? Pate 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 G eneral 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, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessmentc • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 1_39 O National bank Name of State State bank 0 Trust company 0 Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank • 2. Date organized FIFTH AVENUE BANK Jan.16,1924 3. Federal reserve district Town or City GARY Date suspended Aug.18,1930 Population of town or city* 7th 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 L AKE No , 75 000 Non—Member 6. Condition figures, as of (date*) June 30, 1930 Loans and discounts: 32,320.00 On real estate 94,811.99 Other Total loans and discounts $ 127,131.99 2,359.4-7 Real estate acquired in satisfaction of debts \ t'\ Investments 63,450.00 All other resources 4-5,242.59 238,184.05 Total resources 50,000.00 Capital 23 805.1/1 , Surplus and undivided profits Deposits: 5,000.00 Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 105,336.29 54,030.58 $ 164,366.87 Total deposits Borrowings from F. R. bank Borrowings from other banks 12.04 All other liabilities 238,184.05 Total liabilities No 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 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 Ye s 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. . . 82,183 ) General claims. .. . 11,366 50 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 X Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all 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 [1] National bank ff 141 Name of State State bank [D Trust company O Stock savings bank [1 Mutual savings bank INDI A.NA [2] Private bank GARY LABOR BANK 1. Name of bank__ • Aug.5, 1925 Town or City GARY County LAKE Aug. 19,1930 78,000 Date suspended__Population of town or city* 2. Date organized 7th Member or nonmember of F. R. System_ na-llemb er 3. Federal reserve district ne 4. Number of branches operated: In city of parent bank rone 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 June 30, 1930 6. Condition figures, as of (date*) Loans and discounts: 5,46o.75 On real estate 333,856.43 Other $509 317 , .18 Total loans and discounts 5,043.20 • 29,539.64 126,773.7g Real estate acquired in satisfaction of debts Investments All other resources 670,673.80 Total resources 50,000.00 Capital 13 592.23 ' Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 296,311-2.18 Tune deposits, including postal savings 310,274.45 $ 6o6,616.63 Total deposits Borrowings from F. R. bank Borrowings from other banks 464.94 All other liabilities 670,_673_.80 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 9. Is this bank still in process of liquidation? Yes If so give payments to date: (Amounts in (lollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims... No Payments General claims. .. . Total claims. .. . i If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) I 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 X 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 Yes bank suspended?.Ifso, give dates and amounts of all assessmentc 100% 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 14.7 0 National bank Name of State 1X1 State bank O Trust company O Stock savings bank O Mutual savings bank INDIANA. 0 Private bank 1. Name of bank S 2. Date organized Glen Park State Bank 14-5-22 3. Federal reserve district Date suspended Town or City 12...2f-30 7 Gar Population of town or city* Lake 100 7)19 Member or nonmember of F. R. System___N°11-member 4. Number of branches operated: In city of parent bank No 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 9-2)1,-30 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 9 ,633.49 6 103,)1113.149 Other 200,0764,98 Total loans and discounts Real estate acquired in satisfaction of debts 12,500.00 Investments 14,145.59 All other resources 91,19)4.27 4, 31 916.8)4 Total resources Capital 25,000.00 Surplus and undivided profits 12,556.75 • Deposits: 6,618.78 Due to banks** Demand deposits, including U. S. Govt. deposits 114,368.30 Tune deposits, including postal savings 170,659.5)4 $ Total deposits 291,6)46.52 Borrowings from F. R. bank 10,000.00 Borrowings from other banks 5,713-57 All other liabilities 3)1)1,916.84 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. 111 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) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. ... Preferred claims.. . General claims. ... , . Total claims No 'istribution If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: • From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed , Secured claims Preferred claims General claims Total claims. Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture Wliat was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessmentc FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for'each suspension. • - Type of bank reported—check appropriate one of the following O _I4-0 National bank Name of State State bank 0 Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank MID CITY STATE BANK 1 2. Date organized g, 1920 Date suspended Town or City Aug.18,1930 GARY County Population of town or city* LAKE 75,000 7th 3. Federal reserve district Non -ember Member or nonmember of F. R. System__ ( Associated with Fifth Avenue 4. Number of branches operated: In city of parent bank( State Bank of Gary 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. Au.gust 1 .8,1930 6. Condition figures, as of (date*) Loans and discounts: On real estate $ 130,490.g3 285,71[6.4g Other 416,237.31 Total loans and discounts $ \D (P1 g, . 1 405 4 Real estate acquired in satisfaction of debts 256,084.58 Investments 273,155.09 All other resources 953,2.19 Total resources 100,000.00 Capital 53,108•41 Surplus and undivided profits 110 Deposits: 4 1,445.96 Due to banks** 61_5,057.93 Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 9,000.00 Total deposits $ 636,603.g9 Borrowings from F. R. bank 91,500.00 Borrowings from other banks 225,778.30 All other liabilities 953,882.19 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. ilk 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: (A mounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. . .. No Payment 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 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 assessment 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 M State bank Name of State 0 Trust company O Stock savings bank LI Mutual savings bank INDIANA. El Private bank Miller State Ettnk Gary 1. Name of bankCounty Town or City • 2. Date organized___ 6-23 -214 3. Federal reserve district Date suspended 7 12-27-30 Population of town or city* 100,7)19 Member or nonmember of F. R. Systemllon-member 4. Number of branches operated: In city of parent bank No 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. Lake 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 27,688.65 59,105.29 Other 86,793.94 Total loans and discounts Real estate acquired in satisfaction of debts 2,300.00 Investments 6,9oo.00 All other resources 120,7214.70 Total resources 25,000.00 Capital Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits )45,253.67 Tune deposits, including postal savings 38,093.73 Total deposits $ 832347./4.o Borrowings from F. R. bank 3,500.00 Borrowings from other banks 88,773.00 All other liabilities 120,72)4.70 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? :To 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) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims General claims Total claims. . No Distribution If so give: 10. Has this bank been finally liquidated? Date liquidation was completed 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 X Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments_ FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 144 El National bank Name of State E] State bank Li Trust company El Stock savings bank Mutual savings bank INDIANA 0 Private bank 1. Name of bank Peoples State Bank 2. Date organized 7-6-21 3. Federal reserve district Date suspended Town or City 12___•2_1/.-30 7 Gary Population of town or city* Lake 100,749 Member or nonmember of F. R. System_ Non-member 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 9-2/4-30 6. Condition figures, as of (date*) Loans and discounts: On real estate 283,020.93 Other 181,095.21 $ 1.46.14.,116.14 Total loans and discounts Real estate acquired in satisfaction of debts 30,174.84 Investments 149,792.30 All other resources 6/44,083.28 Total resources Capital 50,000.00 Surplus and undivided profits 3 ,934.92 2 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 182,275.57 Tune deposits, including postal savings 2h14,281.14 8 $ Total deposits /426,557.05 Borrowings from F. R. bank Borrowings from other banks 52,000.00 All other liabilities 82,591.31 6/1/1,083.28 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. 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) Claims allowed Payments from guaranty fund Dividends paid from collections Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims... Preferred claims.. General claims i Total claims No Distributior If so give: 10. Has this bank been finally liquidated? , Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. . Preferred claims General claims Total claims. . . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type Of industry or agriculture? If.so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following O 126 National bank Name of State • State bank O Trust company O Stock savings bank O IN DIAN A Mutual savings bank 0 Private bank GAS CITY STATE BANK • 10/2/1906 2. Date organized 3. Federal reserve district 9/9/1930 Date suspended__ 7 GRANT GAS CITY Town or City 1. Name of bank County Population of town or city* Member or nonmember of F. R. System_ Non—member None 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. 2,500 N0 6/30/1930 6. Condition figures, as of (date*) Loans and discounts: 54,800.00 On real estate 150,328.97 Other Total loans and discounts 205,128.97 $ Real estate acquired in satisfaction of debts c c) 15,886.25 Investments 67,583.85 All other resources 288,599.07 Total resources 25,000.00 Capital 3,670.4-7 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 236,628.03 Tune deposits, including postal savings $ Total deposits 236,628.03 Borrowings from F. R. bank 5,000.00 Borrowings from other banks 18,300.57 All other liabilities 28E1099.07 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: (A mounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. . .. Preferred claims.. . .. No paylment as yet 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.) Vayments 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) x Failure of large debtor (Name) Other causes, (specify) Suicide of President x Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? Yes If so, give dates and amounts of all assessmentc . -0 estimate of recovery from assessments or assets at this time i. 100% 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 El State bank O Trust company [j] Stock savings bank O Mutual savings bank INDIANA [11 Private bank 'Town or City 1. Name of bank Farmers Ez Merchants State Ban' • 2. Date organized 1910 3. Federal reserve district Date suspended 3-6-25 7 4. Number of branches operated: In city of parent bank Geneva County Population of town or city* Member or nonmember of F. R. System_ None Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. I;0 Adams 879 No December 31, 1924 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 204,831.21 Total loans and discounts Real estate acquired in satisfaction of debts Investments 43,002.25 All other resources 247,883.46 Total resources Capital 35.000.00 Surplus and undivided profits 11,900.00 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 70,173.95 Tune deposits, including postal savings 99,656.84 $ Total deposits 169,830.79 Borrowings from F. R. bank 27,000.00 Borrowings from other banks 4,152.67 All other liabilities 247,883.46 Total liabilities 7. Has this bank been reopened? Date of reopening Yes 3-25-25 Same Name under which reopened Loss to depositors on: If so give: None 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: z11110101i Of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Payments from guaranty fund Dividends paid from collections Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims Preferred claims... General claims... Total claims.. .. 10. Has this bank been finally liquidated? 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 Dividends paid from collections Payments from guaranty fund claims Preferred claims... General claims. ... Total claims.. .. 1 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessmentc FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following O 81 National bank Name of State El State bank 0 Trust company 0 Stock savings bank O INDIANA Mutual savings bank O Private bank • 1. Name Of bank FARMERS & iff.MCHANTS STATE BIC•Town or City GaIPVA 2. Date organized June 9,1910 Date suspended Nov.13,192g 7th 3. Federal reserve district County Population of town or city* 1,200 Nom—Member 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. *4, Attach a list giving the name and location of each outside branch at time of suspension. ADAMS No 6. Condition figures, as of (date*) October 3, 1928 Loans and discounts: 27,132.50 On real estate 126,262.38 Other 3911.88 $153 ' Total loans and discounts 22,367.011- Real estate acquired in satisfaction of debts \ Investments 702.81 47,37 •7 4 8 All other resources 223,839.51 Total resources 25,000.00 Capital , .6.78 83 Surplus and undivided profits Deposits: 1 3311-.89 $ ' 71+,268.58 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 89,569.26 $ 165 172.73 ' Total deposits Borrowings from F. R. bank 5,000.00 Borrowings from other banks 20,850.00 All other liabilities 223,g39.51 Total liabilities No. 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 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 170,172 General claims 74,104 —4 3c—ii 3_ 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 X Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation X Heavy withdrawals of deposits • Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? • If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments 50% paid. deveral years ago and V 50f levied recently FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following EJ 28 National bank Name of State 11] State bank g Trust company 111 Stock savings bank El INDIANA> Mutual savings bank [i] Private bank 1. Name of bank • 2. Date organized STATE THUS T & SAVINGS BANK 12-19-1912 3. Federal reserve district Date suspended Town or City 12-22-30 NTON GOODLAND County Population of town or city* 7th Member or nonmember of F. R. System 4. Number of branches operated: In city of parent bank ITO No 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. 978 No 6. Condition figures, as of (date*) Sept. 24, 1930 Loans and discounts: 8,450.00 On real estate 144,515.01 Other $ 152,965.01 Total loans and discounts 3,000.00 ()) 10,060.00 Real estate acquired in satisfaction of debts Investments 62,429.48 All other resources 228,454.49 Total resources 254000.00 Capital 9,595.74 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 115,857.56 Tune deposits, including postal savings $ 190,208.75 Total deposits Borrowings from F. R. bank Borrowings from other banks 3,650.00 All other liabilities 228,454.49 Total liabilities 7. Has this bank been reopenedFfe6 Date of reopening If so give: Jan. 6, 1931 Name under which reopened Same Amount of loss Loss to depositors on: 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: mounts in dollars) Claims allowed \ \. Dividends pald from collections.\ / \ / , \ , Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. ... Preferred claims... NO DISTR BUTIO'N General claims Total claims. If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. .. Preferred claims. General claims. . . . Total claims. ... Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause X Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 ' Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. S Type of bank reported—check appropriate one of the following El 160 National bank Name of State State bank El Trust company El Stock savings' bank El Mutual savings bank INDI ArA El Private bank GRA 1. Name of bank__ BILL STATE BANK 2. Date organizedOct.26,1906 Town or City GRABILL Date suspended July 9,1927 County Population of town or city* ALLEN 350 7th 3. Federal reserve district Member or nonmember of F. R. System 4. Number of branches operated: In city of parent bank Non e 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. o Non—Ltember June 30, 1926 6. Condition figures, as of (date*) Loans and discounts: 43,7g0.95 On real estate 184,898.58 Other $ 228,679.53 Total loans and discounts 16,048.52 Real estate acquired in satisfaction of debts c4- 13,483.00 Investments 55,628.7o All other resources 313,839.75 Total resources 37,800.00 Capital 12,4-85.16 Surplus and undivided profits Deposits: 6,441.05 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 71,420.03 139,153.67 Total deposits $ 217,0111.75 Borrowings from F. R. bank 36,500.00 Borrowings from other banks 39.84 All other liabilities 313,839.75 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. If so give: S. Has this bank been taken over by another bankri° Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims Preferred claims General claims. .. Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims (;eneral claims Total claims. Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment,laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. T.ype of bank reported—check appropriate one of the following 43 0 National bank Name of State State bank O Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank GWYINEVILLE ST ATE BANK • d;iE• 2. Date organizll164922 Town or City G'.7YNNEITILLE Date suspended 11 - :a3r 12,2g 7th 3. Federal reserve district County 31-1MBY Population of town or city* Non—Member Member or nonmember of F R. System__ None 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. 300 No loss 1'1'0 '2!ay 12, 192g 6. Condition figures, as of (date*) Loans and discounts: 2,400.00 On real estate 76,16i.5 Other $ 78,561.58 Total loans and discounts 10,144.83 Real estate acquired in satisfaction of debts 0. 10 500.00 Investments 14,255.2g All other resources 103,461.69 Total resources 25,000.00 Capital 6,122.214- Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 50,005.43 7,246.47 57,251.90 Total deposits Borrowings from F. R. bank 15,000.oo Borrowings from other banks 87.55 All other liabilities 103,4-61.69 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. • Yes If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Gwynneville Bank (private) New bank 5-2128 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) • Claims allowed _ Dividends paid from collections . -....,_ Payments from guaranty fund Tot , f1cts Per cent of payments to claims allowed Secured claims 4 Preferred claims.. -----.____ General claims 57,251.90 Total claims. . . / 100',,) I/ 10. Has this bank been finally liquidated? Date liquidation was completed No If so give: Collections: 411 From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. . Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Decline in real estate values.4 Contributing cause X 99-.............. .P49.(i.1.9 ts 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? No If so, state what itgchustry.:or type of agriculture All What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1920 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes If so, give dates and amounts of all assessmentc 100% A private bank was organized and took over the deposit liability the acceptable assets. and 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 13S National bank Name of State El State bank a Trust company El Stock savings bank El Mutual savings bank INDIANA [1:] Private bank Maywood Tr. & Savings Bank 1. Name of bank • 2. Date organized 8-29-23 3. Federal reserve district Town or City Lab. 64,523 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. County Population of town or city* Date suspended 9-6-30 7 Hainnond 6. Condition figures, as of (date*) 6-30-30 Loans and discounts: $ 1211-,811.25 On real estate 197,522.61 Other $ Total loans and discounts 322,333.86 thS ) Real estate acquired in satisfaction of debts Investments 32,825.26 All other resources 55,133.35 410,292.4-7 Total resources 50,000.00 Capital 14,721.71 Surplus and undivided profits Deposits: $ Due to banks** 4,168.67 Demand deposits, including U. S. Govt. deposits 154- i491.31 Time deposits, including postal savings 173,303.3 331,963.61 Total deposits Borrowings from F. R. bank Borrowings from other banks 5,000.00 All other liabilities 8,607.15 4.10,292.47 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? iTo 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? Yes (Amounts in dollars) Dividends paid from collections Claims allowed Secured Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed claims Preferred claims.. . General claims. .. . No Total claims. .. . istribution as yet If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: 11111 From liquidation of assets / From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund claims Preferred claims General claims Total claims . 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause X 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? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 137 O National bank Name of State 0 State bank E] Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank S NORTHERN TRUST CO• 3/23/191112. Date organized 3. Federal reserve district Date suspended 7 Town or City 8/25/1930 1-111110ND County Population of town or city* Member or nonmember of F. R. System 4. Number of branches operated: In city of parent bank_ }one 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 4-5,000 Non—membe r g/25/1930 6. Condition figures, as of (date*) Loans and discounts: 82,694.41 On real estate 100,136.67 Other 182,831.08 Total loans and discounts Real estate acquired in satisfaction of debts t-c)11 7,000.00 102,700.00 Investments 5o,148.37 All other resources 342,679.45 Total resources Capital 25,000.00 Surplus and undivided profits 2 9,445.54 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 237,314.21 319 5, .70 $ 24.2 633.91 , Total deposits Borrowings from F. R. bank ,01.5 Borrowings from other banks 6o0.00 All other liabilities 32679.11.5 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) • Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims... General claims. ... No pa,yment as yet _ . . Total claims. . .. If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. . . . Total claims Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc of officers 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? Yes If so, give dates and amounts of all assessments It is estimated that the depositors i11 be paid 75% 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 gi State bank [j] Trust company LI Stock savings bank Mutual savings bank INDIANA LI Private bank PEOPLES CO—OPERATIVE STATE Town or City 1. Name of bank • 2. Date organized 9/ / 920 41 3. Federal reserve district 9/ / 930 61 Date suspended_ 7 HAILOND Outside city of parent bank** LAKE 4.AT00 Population of town or city* Member or nonmember of F R. System 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. County NO Non—member 6. Condition figures, as of (date*) 9/5/1930 Loans and discounts: On real estate 678,513.83 Other 450,798.42 1,129,312.25 Total loans and discounts 60,000 .00 Real estate acquired in satisfaction of debts 287,236.66 Investments 357,239.46 All other resources 1,833,788.37 Total resources 100,000.00 Capital 42,912.49 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 61,506.69 1,375,002.89 $ Total deposits 1,436,509.58 Borrowings from F. R. bank 160,500.00 Borrowings from other banks 93,866.30 All other liabilities 1 t" 33,788.37 6 P Total liabilities Yes 7. Has this bank been reopened? Date of reopening If so give: 10/14/30 Name under which reopened Peoples State Bank Loss to depositors on: Amount of loss Per cent of loss to clainis Secured claims Preferred claims General claims.. —11142 366421 4 Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over ' Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (A mounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims _ Preferred claims General claims. . . . . Total claims.. . 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets • From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims.. . General claims. Total claims. . . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? 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? Yes If so, give dates and amounts of all assessmentc 1001 0 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Rdport 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 fdrm sliould not be used for merged or consolidated banks but should be used for those banks suspendedron account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check apprOpriate one of the following LI E LI LI LI LI National bank A Name of State State bank Trust company Stock savings bank INDIANA Mutual savings bank Private bank 1. Name of bank = BLACKFORD COUNTY BAI\E 8/25/1892 2. Date organized Town or City HARTFORD CITY County BLACKFORD 6/2/1925 Date suspended__ 3. Federal reserve district Population of town or city* Member or nonmember of F. R. System_ 4. Number of branches operated: In city of parent bank Outside city of parent bank** 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 5,000 Non.nember 5/23/1925 6. Condition figures, as of (date*) Loans and discounts: 77,440.00 On real estate 434,116.49 Other $ Total loans and discounts 511,556.49 6 ,1•_. Real estate acquired in satisfaction of debts 36,062.66 Investments 21,150.00 All other resources 64,631.99 633.4o1.14 Total resources 75,000,00 Capital 5,850.87 Surplus and undivided profits Deposits: 2,154.41 Due to banks** Demand deposits, including U. S. Govt. deposits 254,667.03 Tune deposits, including postal savings 130,530.09 $ Total deposits 387,351.53 Borrowings from F. R. bank 137,151.00 Borrowings from other banks 28,047.74 All other liabilities 633 % 401.14 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 Per cent of loss to claims Loss to depositors on: 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. .. . Total claims. ... Yes 10. Has this bank been finally liquidated? Date liquidation was completed If so give: 4/5/1930 Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Not avaih ble Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. . .. 141.796 —9-117—...387,351 -530.26141-'— Dividends paid from collections ----- 286,641 Payments from guaranty fund Total payments Per cent of payments to claims allowed 286,641 73.6 -141,796 ---- 9;117 286,641 . t 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 No or agriculture? If so, state what industry or type of agriculture • All What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1910 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes If so, give dates and amounts of all assessments 100% — 75 Crir1.9 ) A favorable court decision on the question of sasesanent with yield the d.epositors, about $25,000. 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 0 National bank . 19 Name of State Il State bank O Trust company 0 Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank • 2. Date organized HOAGLAND STATE BANK May 24,1909 Date suspended Town or City Jan.1.4,1929 HOA GLAND County Population of town or city* ALLEN 300 7th 3. Federal reserve district Member or nonmember of F. R. SystemP )n—Menther 4. Number of branches operated: In city of parent bank None None Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. No Loss ? No Jan. 8, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate 33,406.45 $ 105,152.72 Other 138,559.17 Total loans and discounts Real estate acquired in satisfaction of debts (T)\ \ 42,346.30 Investments 25,1210.78 All other resources 206,021-6.25 Total resources 25,000.00 Capital 106.67 Surplus and undivided profits • Deposits: Due to banks** 76,l33.09 Demand deposits, including U. S. Govt. deposits 806.49 104, Tune deposits, including postal savings $ 180,939.58 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 206,046.25 Total liabilities 7. Has this bank been reopened? Date of reopening Yes If so give: 8-30-1929 Name under which reopened Loss to depositors on: First State Bank Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total None It tt or It It It * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims. Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) • Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. . .. Preferred claims General claims Total claims. ... If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: 4111 From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. .. . Total claims Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc X Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all 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 24 O National bank Name of State O State bank Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of ban AN TRUST & 3A1TINGS BATT Town or City HOBART • 2. Date organized Sept.7,1912 Date suspended ug County 1 9 8, 92 Population of town or city* LAKE ,500 7th 3. Federal reserve district Member or nonmember of F. R Systemlion—Memb er 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 loss No Dec. 31, 1929 6. Condition figures, as of (date*) Loans and discounts: ,313.91 On real estate 20,122.09 Other 338,466.00 Total loans and discounts 4-99.00 Real estate acquired in satisfaction of debts 3,650.00 Investments 159,4-18.89 All other resources 502,033.g9 Total resources 30,000.00 Capital 6,723.06 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 177, 519.90 Tune deposits, including postal savings 198,290.93 $ 375,810.83 Total deposits Borrowings from F. R. bank 15,000.00 Borrowings from other banks 111,223.06 All other liabilities 502,033.g9 Total liabilities 7. Has this bank been reopened? Date of reopening Yes If so give: 8-2629 American Trust and Savings Bank 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. 4110 Yes If so give: 8. Has this bank been taken over by another bank? First State Bank of Hobart, Indiana Name of bank by which taken over (Took over the r9.—opened American Trust & Savs.Bank) 2-1-30 Date taken over SS 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: mounts in dollars) Claims allowed \ Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims Preferred claims -----------...- General claims 37 Total claims. .83 100% \7- _ 10. Has this bank been finally liquidated? 170 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) Voluntary sale X Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? /To If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 0 National bank El Name of State State bank 0 Trust company 0 Stock savings bank _JAI A 0 Mutual savings bank 0 Private bank HOPE STATE BANK 1. Name of bank_ • 2. Date organized 12-13-12 3. Federal reserve district Town or City Date suspended 10-16-23 7th 4. Number of branches operated: In city of parent bank HOPE Population of town or city* 1,133 No Member or nonmember of F R System__ Hone 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 BART HOLOMEW None 6. Condition figures, as of (date*) 12-29-22 Loans and discounts: On real estate Other $ 160,025.59 Total loans and discounts Real estate acquired in satisfaction of debts 26,064.06 Investments 73,274.32 2)19,353.97 All other resources Total resources 25,000.00 Capital 9,881.82 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 110,222.64 Tune deposits, including postal savings $ Total deposits 175,7824)4 Borrowings from F. R. bank Borrowings from other banks 25,000.00 All other liabilities 13,689.71 2)19,353•97 Total liabilities Yes 7. Has this bank been reopened? Date of reopening 12-18-23 Name under which reopened Loss to depositors on: If so give: Some Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 111 If so give: S. Has this bank been taken over by another bank Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Payments from guaranty fund Dividends paid from collections Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed — secured claims.... — ____ Preferred claims General claims. .. . Total claims. ... If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Payments from guaranty fund Dividends paid from collections _ 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 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? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 0 National bank Pg Name of State State bank O Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank Huntertown State Bank • 2. Date organized 12-28-12 3. Federal reserve district Town or City Huntertown Date suspended 5-25-21 7 4. Number of branches operated: In city of parent bank Population of town or city* Member or nonmember of F R System No Outside city of parent bank** Yo 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. Countyk No 500 No 6-6-21 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ Total loans and discounts Real estate acquired in satisfaction of debts 174,622.37 , Investments 17,500.00 All other resources 35,791.97 227,9111-.34 Total resources 25,000.00 Capital Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 63,323.22 Time deposits, including postal savings 59,868.93 123,192.15 Total deposits Borrowings from F. R. bank 77,6111-.39 Borrowings from other banks 2,108.80 All other liabilities 227,914.34 Total liabilities 7. IIas this bank been reopened? Date of reopening Yes 6-9-21 Name under which reopened Loss to depositors on: If so give: Same 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 Secured claims Per cent of loss to claims $ Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. . .. Preferred claims General claims. .. . Total claims 10. Has this bank been finally liquidated? Yes 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: Vii thdr awals 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? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following National bank Name of State D31. State bank I] Trust company Lii Stock savings bank Mutual savings bank INDIANA fl Private bank Huntingburg Bank 1. Name of bank • 2. Date organized 55 3. Federal reserve district Town or City Date suspended 2 9 -21-2 8 Huntingburg 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 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 No Dubois 3,261 No 6. Condition figures, as of (date*) 12-31-28 Loans and discounts: $ On real estate 117,374-.99 4.28 )4-22.52 Other $ Total loans and discounts Real estate acquired in satisfaction of debts 545,797.51 F`\1 23,934.54 Investments 132,620.85 All other resources 702,352.90 Total resources 50,000.00 Capital 15,719.19 Surplus and undivided profits • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 292,998.18 Tune deposits, including postal savings 314,657.53 $ Total deposits 607,655.71 Borrowings from F. R. bank 25,158.00 Borrowings from other banks 3,820.00 All other liabilities 702,352.90 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 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) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims . Preferred claims General claims No distribution reported Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc 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? 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 keport 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 O State bank Ei Trust company O Stock savings bank O Mutual savings.bank, INDI ANt-, 0 Private bank 1. Name of bank 2. Date organized FARMERS TRUST COMPANY 3/12/11 3. Federal reserve district Date suspended 7 4. Number of branches operated: In city of parent bank Town or City 3/23/24 NHU TINGTON County HUNTINGT ON Population of town or city* 1,600 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 NON-MEMBER September 14, 1923 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ Total loans and discounts 351,606.50 58,139.14 Real estate acquired in satisfaction of debts (5 Investments 25,543.75 All other resources 25,108.80 460,398.19 Total resources 5o,000.00 Capital 2,197,61 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 103,778.00 Tune deposits, including postal savings 204.415.38 $ Total deposits 308,193.38 Borrowings from F. R. bank Borrowings from other banks 74,19540 All other liabilities 25.812.20 460,398.19 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? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Payments from guaranty fund Dividends paid from collections Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ _ Secured claims. ... Preferred claims . General claims. . . Total claims 10. Has this bank been finally liquidated? Date liquidation was completed yes If so give: 1929 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 -1 Preferred claims... - '-'-- -1.- - -'------308,193 General claims Total claims. . ....4400. -:-257,652 84 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 100% -- 5) '; ) 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 23 O National bank Name of State State bank • Trust company. O Stock savings bank I/MI ANA • Mutual savings bank E] Private bank o 1. Name .f bank HYIHMA, S'T ATE BARK . Dec.29,1915 2. Date organized Date suspended Yar " gth 3. Federal reserve district Town or City 7,1929 Population of town or city 1,500 Non—Member Member or nontnember 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 SULLIVAN Hi rIERA 170 June 30, 1928 6. Condition figures, as of (date*) Loans and discounts: $ 77,987.87 247,091.06 On real estate Other Total loans and discounts $ 325,078.93 9,307.00 0 ,N\ Real estate acquired in satisfaction of debts 9,11-75.0o Investments 71,290.16 All other resources 415,151•09 Total resources 25,000.00 Capital 2 9,991.95 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 160,520.92 180,518.85 Total deposits $ 341,039.77 Borrowings from F. R. bank ,693.55 Borrowings from other banks 425.82 All other liabilities 415•151.09 Total liabilities Yes 7. Has this bank been reopened? July 2, 1930 Date of reopening Name under which reopened Loss to depositors on: If so give: Hymen). State Bank Amount of loss Per cent of loss to claims Secured claims Preferred claims rone !I General claims t Total ts * 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. 410 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 Secured Payments from guaranty fund Total „------.- ments Per cent of payments to claims allowed claims _________ Preferred claims.. 7 ./ General claims.. .. 34-1,039.97 Total claims.. .. 100 _ 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) Closing of coal mine X Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry Coal mining 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? 1925 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 Stockholders made a voluntary contribution of $15,000.00 for the benefit of the depositors, 95% of the deposits were waived for future payment. 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 4C IJ National bank n Name of State State bank 111 Trust company • Stock savings bank fl Mutual savings bank INDIANA • Private bank 1. Name of bank • 2. Date organized Citizens State Bank 2-21-12 3. Federal reserve district Date suspended 7 Town or City 12-30-30 Indianapolis County Population of town or city* 36L073 Member or nonmember of F R. System Non-me-iber 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. Marion 9-2)I-30 6. Condition figures, as of (date*) Loans and discounts: On real estate 327,)473.29 Other 131 4,113.67 $ 1461,586.96 Total loans and discounts Real estate acquired in satisfaction of debts Investments 717,754.57 All other resources 205,691.91 1,3 5, 43.14 8 0 Total resources Capital 100,000.00 Surplus and undivided profits 1)47,271.39 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 529,822.9)4 Tune deposits, including postal savings 480.499.08 $ Total deposits 1,010,222.02 Borrowings from F. R. bank Borrowings from other banks 75,000.00 All other liabilities 52,550.03 Total liabilities 7. Has this bank been reopened? Date of reopening 1,365,043.41 Yes If so give: 1-8-31 Name under which reopened Same Amount of loss Loss to depositors on: Per cent of loss to claims Secured claims Preferred claims irone General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. . .. Preferred claims.. . General claims. . . . Total claims. ... If so give: 10. Has this bank been finally liquidated? Date liquidation was completed From liquidation of assets • From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. .. . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 0 National bank Name of State O State bank El Trust company O Stock savings bank INDIANA 0 Mutual savings bank O Private bank 1. Name of bank • 2. Date organized City Trust Company 11-24-17 3. Federal reserve district Town or City Indianapolis Date suspended 10-23-30 7 4. Number of branches operated: In city of parent bank County Marion Population of town or city* Non—member Member or nonmember of F. R. System None Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. 364- 073 ' No 6. Condition figures, as of (date*) 10-23-30 Loans and discounts: On real estate 4-65,572.63 Other 438,636.30 $ 904,208.93 Total loans and discounts 2,091.71 Real estate acquired in satisfaction of debts 1-k14-.31 1,189, Investments 316,275.63 All other resources 2,4-12,060.58 Total resources 300,000.00 Capital g9,353.76 Surplus and undivided profits Deposits: 5,238.67 Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 1,472,653.08 279,673.16 $1,752,326.24- Total deposits Borrowings from F. R. bank 265,141.91 Borrowings from other banks All other liabilities 2,4-12,060.58 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. LQ 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) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims. . .. Preferred claims.. . General claims 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 claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. ... Total claims. .. . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc X 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? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all 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 susperided 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 149 O National bank Name of State State bank O Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank • FT. WAYNE 1. Name of bank__ AVE STATE BANK Town or City INDIliNAPOLM CounytRION 7.48.-1923 Population of town or city* 364,073 31 Date suspended ' 30 12 ' 2. Date organized 7th Member or nonmember of F. R. System_ 3. Federal reserve district 4. Number of branches operated: In city of parent bank No Outside city of parent bank** No 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. NO 6. Condition figures, as of (date*) Loans and discounts: 51,789.16 On real estate Other $ 141,557.32 Total loans and discounts Real estate acquired in satisfaction of debts \ \9( Investments 21,250.00 All other resources 11,019.99 173,827.31 Total resources 25,000.00 Capital 7,351.12 Surplus and undivided profits Deposits: Due to banks** 75,131.44 Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings Total deposits $ 111 301.40 ' Borrowings from F. R. bank 29,725.00 Borrowings from other banks 349.79 All other liabilities 173,827.31 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 110 LCTS CIPATED Total * Condition items should be as of date of suspension, if poss ble, 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 NO DIS TRIBUTION 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) • Secured claims Preferred claims General claims Total claims Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. ,Primary cause Contributing cause X 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) Voluntary by directors Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 150 National bank Name of State K1 State bank LI Trust company LI Stock savings bank r] Mutual savings bank IIA 11 Private bank 1. Name of bank 1.IA.PLE ROAD STATE BANK S 2. Date organized 12-16-25 3. Federal reserve district Town or City INDIANAPOLIS Date suspended 12-30••30 7 4. Number of branches operated: In city of parent bank Population of town or city* MARION 3&i,073 Member or nonmember of F. R. SysterniaL-2,11EMELE— ' T NO 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 9-2/!-30 6. Condition figures, as of (date*) Loans and discounts: $ 21,95!.89 On real estate 23,725.66 Other $ /15,720.55 Total loans and discounts Real estate acquired in satisfaction of debts \ \fi Investments 121,1)42.79 28,7149.22 All other resources 1.95,512 .56 Total resources Capital 25,000.00 Surplus and undivided profits 13,540.79 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 129,674.80 27,296.97 $ Total deposits 156,971.77 Borrowings from F. R. bank Borrowings from other banks All other liabilities 195,512.56 Total liabilities 7. Has this bank been reopened? 1\TO 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 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 Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. . .. Preferred claims... , 1101S General claims. . .. Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims.. . General claims Total claims Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. - Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits X Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following O National bank O State bank 151 Name of State O Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank Postal Station State Bank • 2. Date organized 7-30-23 3. Federal reserve district Date suspended Town or City Indianapo1is County 10-23-30 7 4. Number of branches operated: In city of parent bank Population of town or city* 3611- 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. Marion No 073 Non—member 92430 —— 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 13,229.60 276,812.77 Other 290,04.2.37 Total loans and discounts None Real estate acquired in satisfaction of debts (5 Investments 57,411.30 All other resources 55,701.53 4-03,155.20 Total resources Capital 25,000.00 Surplus and undivided profits 22,364-.31 Deposits: None Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 284,359.09 71,431.80 $ 355,790.89 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 403,155.20 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. 1:0 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: (Amounts in dollars) • Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims... General claims. ... Total claims. . .. 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 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) City Trup t Co. Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following O 1 W. National bank Name of State O State bank • Trust company O Stock savings bank O Mutual savings bank INDIANA O Private bank STATE SAVINGS & TRUST CO.INDIANAPOLIS 1. N3me of bank__Town or CityCounty MARION • ` 2. Date organized 6/2/1913 3. Federal reserve district Date suspended 7 6 3o 4/2 / 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. No 1450,000 Non-member 12/31/1929 6. Condition figures, as of (date*) Loans and discounts: 1,098,265.66 On real estate 655,113.44 Other $ Total loans and discounts 1,753079.10 Real estate acquired in satisfaction of debts 122,595.30 Investments 603,793.61 All other resources 2,479,768.01 Total resources 375,000.00 Capital 18,858,60 Surplus and undivided profits Deposits: 6,470•79 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 758,877.72 834,565.60 $ Total deposits 1,611,911,1.11 Borrowings from F. R. bank Borrowings from other banks 14-3,500100 All other liabilities 330,495.31 2,4791768.w. 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 claints 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 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 Payments from guaranty fund Dividends paid from collections Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed ' Secured claims. ... • Preferred claims... No payrnnt as yet General claims. . . Total claims . . . - 10. Has this bank been finally liquidated? Date liquidation was completed If so give: Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund •:, • 1 Secured claims... Preferred claims... General claims.. Total claims. . .. • 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments It will be several years before the result is known. 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 El State bank O Trust company El Stock savings bank O Mutual savings bank INDIANA O Private bank 1. Name of bank • 2. Date organized TUXEDO STATE BANK 4/5/1.922 Town or City INDIANAPOLIS County MARINE Date suspended 2/1128 Population of town or city* — NIember or nonmember of F. R. Systemlonmember " 3. Federal reserve district 4. Number of branches operated: In city of parent bank Outside city of parent bank** N one 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. 460 000 No 6. Condition figures, as of (date*) Dec. 31, 1927 Loans and discounts: On real estate $ 34,206.38 3.4-2,516.55 Other 176,722.93 Total loans and discounts Real estate acquired in satisfaction of debts N'\ Investments 27,010.81 All other resources 203,733.74 Total resources 25,000.00 Capital 5,716.23 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 1 273 .R0 135,723.16 6,020.85 143,017.51 Total deposits Borrowings from F. R. bank 30,000.00 Borrowings from other banks All other liabilities 203,733.74 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? 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 — ....7.---”€ .: Per cent of payments to claims allowed ---11 1e7" 3 0— " Secured claims Preferred claims Total payments 0 r7 35,75 4 General claims 2% _ 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) 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? Yes If so, give dates and amounts of all assessments There are many suits pending, no definite estimate can be made. 100% FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently ,by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 1_52 rj National bank Name of State State bank Cal Trust company • Stock savings bank El ,IANA Mutual savings bank • Private bank 1. Name of bank Washington Bank & Trust Co. • 2. Date organized 3-8-12 3. Federal reserve district Town or City Indianapolis Date suspended 10-2 - 0 7 3 7 Population of town or city* 364,O73 Member or nonmember of F. R. 4. Number of branches operated: In city of parent bank Non—member None Outside city of parent bank** One 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. County Marion No 6. Condition figures, as of (date*) 10-27-30 Loans and discounts: On real estate 709,709.49 Other 623,141.55 $ 1,332,851.04 Total loans and discounts Real estate acquired in satisfaction of debts 79,1.3Y\ 1,080,566.98 Investments 626,994-.12 All other resources 3,120,131.27 Total resources Capital 200,000.00 Surplus and undivided profits 108,396.52 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 730,026.53 376,764..5)4. 1,106,791.07 Total deposits Borrowings from F. R. bank 2117,520.65 Borrowings from other banks 1,457,423.o3 All other liabilities 3,120,131.27 Total liabilities 7. Has this bank been reopened? Iro 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? ro 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? Yes (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims. . . General claims. . . Total claims. . .. No dist ibution If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause X 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 to, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following O M 74 National bank State bank Name of State O Trust company O Stock savings bank O Indiana Mutual savings bank O Private bank 1. Name of bank J F. Wild. & Co. State Bank . • 2. Date organized June 20,1905 3. Federal reserve district Date suspended Fown or City Indianapolis July 30,1927 7 4. Number of branches operated: In city of parent bank Population of town or city* 465,000 Member or nontnember of F. R. System Non-member 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 Marion No June 30, 1927 6. Condition figures, as of (date*) Loans and discounts: 535,8 609.4 On real estate 1,051,928.35 Other $ 1,5g7,537•83 Total loans and discounts Real estate acquired in satisfaction of debts -7,705.39 Investments 1,578,372.110 All other resources 3,363,920.18 6,537,535.g0 Total resources Capital 100,000.00 Surplus and undivided profits 165,949.34 Deposits: /160,200.01 Due to banks** Demand deposits, including U. S. Govt. deposits 2,577,997.73 Time deposits, including postal savings 1,42g,978.13 $ Total deposits 4,467,175.87 Borrowings from F. R. bank Borrowings from other banks 1,804,1110.59 All other liabilities 6,537,535.g0 • 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 14 RICTSARD L. LOWTHER RECEIVER OF THE J. F. WILD & CO. STATE BANK 703 STATE SAVINGS&TRUST BLDG INDIANAPOLIS, IND. September 5, 190. Hon. Luther F. Symons, Bank Commissioner, Room 241 State House, Indianapolis, Indiana. Dear Sir: Answerin, your letter of September 3rd, wish to advise that the followis a complete statement of the information requested by you: ing CLAIYS OF DEPOSITORS AND CRF:DITORS 1. Total number of General Claims allowed 2. Total amount of General Claims allowed, not including set-offs 15,453 '.80 0 3. Total number of Secured Claims allowed and paid 4. Total amount of Secured Claims allowed and paid 5. Total number of Preferred Claims allowed and paid 6. Total amount of Preferred Claims allowed and paid 162 :04,745.95 RECAPITULAT ION Total number of all Claims allowed Total amount of all Claims allowed, not including set-offs 15,617 34,141,731.41 GENERAL IN FO RY.A.T I ON Preferred Claims paid prior to December 15, 1927 Dates liquidating dividends paid to Depositors and other General Creditors: First Liquidating Dividend (40) December l, 19:37 VT if (17e) July 16, 1928 Second (5(1)) December 15, 1928 Third TOTAL ,A,o61,565.52 595,684.91 170,195.69 32,127,446.12 FIRST MORTGAGE REAL 'MATE CERTIFICATES Total amount of First Mortgage Real Estate Certificates issued and sold Total face or par value of securities underlying the First Mortgage Real state Certificates Total amount of liquidating dividends paid to holders of First Mortgage Real Estate Certificates :;1,800,000.00 3,802,034.00 280,000.00 RICHARD L. LOWTHER RECEIVER OF THE J. F. WILD e Co STATE BANK 703 STATE SAVINGS A TRUST BLOC; IND;ANA.OL-:S. iND. L.F.S. I have paid to date 625, and in my opinion there will be a further li - ;idating dividend of aisproxi!;ately W. This will make a total of I i 72*, to general Creditors. It is my judgment there will be a loss of to Depositors of J. F. & Co., a State Bank. Should you desire any additional information you have only to inquire. Yours very truly, ELL:DH RECIV:h OF THE J.F.WILD & CO. 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 9. Is this bank still in process of liquidation? If so give payments to date: ounts 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.. . • 2,0-7 LN 6 3403 6 , , 1// 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 Very little Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund claims Preferred claims General claims. . Total claims • 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, I.111Pradent investments 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) One man bank 1 Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture 41, 1 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? Yes 100% If so, give dates and amounts of all assessments One family owned 80% of the stock and could not respond to assessment.
@FedFRASER