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421.11-6 - Bank Suspensions Since Jan 1 1921 Nonmember State banks Indiana ti-Z Committee on Branch Group & Chain Banking oe, _ 4441411ti . FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 (As Name of State State bank El Trust company ri Stock savings bank El INDINA. Mutual savings bank 0 Private bank JAS 1. Name of bank___ ONVILLE STATE BANK Town or City JASON VILLE 2. Date organized June 1231928 Date suspended Feb.16.1929 County Population of town or city* GRMEN 5,000 8th 3. Federal reserve district Member or nonmetnber of F. R. System Non—Member 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 No * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. Dec. 31, 1928 6. Condition figures, as of (date*) Loans and discounts: $ On real estate Other 60,027.68 185,340.82 $ 245,368.50 /9 `?? 9,500.00 Total loans and discounts Real estate acquired in satisfaction of debts Investments 29,600.34. All other resources 2844468.84 Total resources 25,000.00 Capital 3,999.6g Surplus and undivided profits oar Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 170,869.16 Time deposits, including postal savings $ 170,869.16 Total deposits Borrowings from F. R. bank Borrowings from other banks 70,000.00 All other liabilities 14,600.00 284,468.84 Total liabilities 7. Has this bank been reopened? 1110 ° 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. :To 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total Yes 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims Preferred claims 170,869 General cams li No payment als yet Total claims. .. 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. _Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation X Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Failure of coal 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 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 El State bank O Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name.of bank IAI/ST STATE BANK -7 Town or City 1, 7.4NA County • 2. Date organized Feb.28,1912 Date suspended Jail•25 1930 Population of town or city* FULTON 730 7th 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** 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 December 31, 1929 6. Condition figures, as of (date) Loans and discounts: 43,616.96 On real estate 175,255.91 Other 218,872.87 Total loans and discounts ry\ Real estate acquired in satisfaction of debts , 20989.75 ,1 N Investments 32,730.74 All other resources 272,592.86 Total resources 25,000.00 Capital 7,000.00 Surplus and undivided profits Deposits: $ Due to banks** 385.42 101,884.86 Demand deposits, including U. S. Govt. deposits 100,600.86 Tune deposits, including postal savings Total deposits $ 202 871.14 , Borrowings from F. R. bank 27,500.00 Borrowings from other banks 10,221.72 All other liabilities 272,592.86 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. 411, 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? 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 Total payments Per cent of payments to claims allowed Secured claims No Preferred claims yment 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 11. Causes of suspension: Check in the appropriate column those of the following 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? Yes If so, give dates and amounts of all assessments 100% (f Amount to be recovered is in doubt. q-bi(rti° FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 fJ State bank 0 Trust company O Stock savings bank 0 Mutual savings bank O Private bank 1. Name of bank Farmers Stat e Bank • 2. Date organized 9-20-12 3. Federal reserve district Date suspended Town or City Kirklin 7-27-27 7 4. Number of branches operated: In city of parent bank Population of town or city* 700 Member or nonmember of F. R System N° None Outside city of parent bank** X 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. Clinton County No 6. Condition figures, as of (date*) 7 -30-27 Loans and discounts: On real estate Other $ Total loans and discounts Real estate acquired in satisfaction of debts 150,9911..911. r\ 12,535.00 Investments 23,463 47 . All other resources 186,993.21 Total resources 30,000.00 Capital 4,693.57 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 48, .77 363 112.83 , 105,11-76.60 Total deposits Borrowings from F. R. bank 39,000.00 Borrowings from other banks 7,823.04 All other liabilities 186,993.21 Total liabilities 7. Has this bank been reopened? No If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • 8. Has this bank been taken over by another bank? 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 Secured claims... . Preferred claims... 11-0 000 7 . General claims.... /6 b 9 -1 (,0 3 Total claims. . .. If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. . .. Preferred claims... General claims. . Total claims. . .. Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure.of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? 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. f, Type of bank reported—check appropriate one of the following [1] National bank • State bank O Trust company O Stock savings bank O Mutual savin& bank O Private bank 1. Name of bank FIRST STATE BANK 2. Date organized 7/27/1927 3. Federal reserve district Date suspended 7 Town or City 3/8/1930 KIRKLIN County Population of town or city* Member or nonmember of F R. System None 4. Number of branches operated: In city of parent bank Outside city of parent bank** None 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. No Clinton 850 Non. -member 12/31/1929 6. Condition figures, as of (date*) Loans and discounts: On real estate 28,246.40 Other 98#429.48 125,675.88 Total loans and discounts 5,490.79 Real estate acquired in satisfaction of debts r,\2 • \ Investments 22,342.34 All other resources 153,509.01 Total resources Capital Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 103,944.61 3,574.48 107,519.09 Total deposits Borrowings from F. R. bank 13,000.00 Borrowings from other banks All other liabilities 153,509.01 Total liabilities 7. Has this bank been reopened? No If so give: bate of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. No 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total Yes 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims No payment as yet Preferred claims General claims Total claims 10. Has this bank been finally liquidated? No If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. ,Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc • Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) 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 luttoorprot type of agriculture All What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1919 sion? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Ye 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 El State bank Z1 Trust company O Stock savings bank O Mutual savings bank .0 Private bank • banker Amican Trust Company 1. Name of Town or City Kokomo County Howard 191235,000 Sept.14,1927 Jan. 18, Population of town or city* 2. Date organized Date suspended 3. Federal reserve district 7 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. Non—member No 6. Condition figures, as of (date*) July 13, 1926 Loans and discounts: On real estate 23g,533.10 Other 833, 493.12 $ Total loans and discounts Real estate acquired in satisfaction of debts 1,072,026.22 \ 11.3624.1118 39' 4-3.63 Investments 117,575.06 All other resources 1,273,068.05 Total resources Capital 100,000.00 Surplus and undivided profits 101,648.99 • Deposits: 178 12, .48 Due to banks** Demand deposits, including U. S. Govt. deposits 706,583.04 Time deposits, including postal savings 211.9, 133.19 $ Total deposits 967,8911-.71 Borrowings from F. R. bank 103.000.00 Borrowings from other banks 524-.35 All other liabilities 1,273,06.05 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 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 Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. Preferred claims.. General claims. ... 967,914- Total claims. .. • • •••....eitC•II. •-. ...----,...........• 377,130 3 ,7 t 2ii` 4(1 — r 3 . 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 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. agricultur al 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 100% g-tto FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 0 National bank Name of State 0 State bank Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank FARMERS TRUST & SAVINGS BANK Town or City KOKOMO • 2. Date organized July 18 ,1912 Date suspendeclJan.30,1930 -,J_ 1_ Population of town or city* 35,000 Member or nonmember of F. R System_ Yon—Member 3. Federal reserve district 4. Number of branches operated: In city of parent bank None Outside city of parent bank** None 5. Was this bank a member of a chain or group? If so give the name of the chain or group No * Latest census 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 HOWARD No loss 6. Condition figures, as of (date*) Dec. 31, 1929 Loans and discounts: 164,538.87 On real estate $ 1,136,407.57 Other $ 1,300,9/4-6.4 Total loans and discounts 59,102.9g Real estate acquired in satisfaction of debts )" Investments 25,190.00 472,693.74- All other resources 1,857,933.16 Total resources 150,000.00 Capital Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2E4,04-0.55 914,3511-.59 378,176.63 $ 1,320,571.77 Total deposits Borrowings from F. R. bank 14-0,000.00 Borrowings from other banks 169,232.21 All other liabilities Total liabilities 7. Has this bank been reopened? 11° If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 8. Has this bank been taken over by another bank Name of bank by which taken over Date taken over Yes If so give: Union Bank & Trust Company, Kokomo 6-16-1930 (new bank) 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? No 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. . .. 1,320,571.77 Total claims 10. Has this bank been finally liquidated? Yes 100% If so give: Date liquidation was completed Collections: From liquidation of assets From taittsimmiacxkLiazyik9AsIsoaxVo1untary contributions 1 , 000g 00 Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. .. Preferred claims... General claims. . .. Total claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc X Defalcation X Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? 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 contributions of 100ro „ FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following National bank Name of State • State bank El Trust company [i] Stock savings bank Indiana fl Mutual savings bank D Private bank 1. Name of bank Porter County State Bank 2. Date organized Dec.18,1918 Date suspended Town or City Kouts Porter 600 Apr.11,1927 Population of town or city* Member or nonmember of F. R. System__ Non-rnember 3. Federal reserve district 4. Number of branches operated: In city of parent bank None Outside city of parent bank** Nono 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census 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*) April .11, 1927 Loans and discounts: On real estate $ 154,152.39 Other 154,152.39 Total loans and discounts Real estate acquired in satisfaction of debts Investments 3,610.00 All other resources 38,757.83 196,520.22 Total resources Capital 25,000.00 7,250.00 Surplus and undivided profits Deposits: Due to banks** 109,530.22 Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings $ Total deposits 109,530.22 Borrowings from F. R. bank 54,740.00 Borrowings from other banks All other liabilities 196,520.22 Total liabilities 7. Has this bank been reopened? No If so give: Date of reopening Name under which reopened i Loss to depositors on: Secured claims Amount of loss Per cent of loss to claims $ Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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 Ye 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims.. Payments from guaranty fund Per cent of payments to claims allowed Total payments 'I . 4 /7 r Preferred claims.. ____Alliktfeeet General claims .1 421 ___iii mfairio 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 1 1. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. ,Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment,laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) ^ Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • .Type of bank reported—check appropriate one of the following El n State bank 162 National bank Name of State ID Trust company LI Stock savings bank LI Mutual savings bank INDIANA Private bank 1. Name of bank 2. Date organized CITIZENS ST ATE BANK Dec. 30, 1916 Date suspended Town or City County La Forte La Crosse May 16, 1930 Population of town or city* 7th 3. Federal reserve district Yon—Member Member or nonmember of F R. System_ one 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. 4-oo March 27, 1930 6. Condition figures, as of (date*) Loans and discounts: 56,051.67 On real estate • 181,635.55 Other $ 237 687.2o ' Total loans and discounts Real estate acquired in satisfaction of debts Investments 25,175.55 All other resources 300,201.46 Total resources 25,000.00 Capital 16,562.99 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 4, 10 331.69 Time deposits, including postal savings 125,54-0.53 229,872.22 Total deposits Borrowings from F. R. bank 28,766.25 Borrowings from other banks All other liabilities 300 201.4.6 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 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... i General claims. ... Total claims. ... 10. Has this bank been finally liquidated? TT o If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. . Preferred claims... General claims. .. . Total claims. . .. Dividends paid from collections Payments from guaranty fund f(A-4,1 1/-71-- 1 9 0, *0J 11. Causes of suspension: I / Check in the appropriate column those of the following 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 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 0 National bank Name of State 6:1 State bank El Trust company 0 Stock savings bank El INDI ANA Mutual savings bank ,Private bank 1. Name of bank CImIZEUS STATE BATIK • 2. Date organized Town or City LA.DOGA June 20,1905 Date suspended Feb.5,1927 3. Federal reserve district 7th Population of town or city* 900 1 onMember Member or nonmember of F. R. System_.:T- 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 'OYTGO:maY December 31, 1926 6. Condition figures, as of (date*) Loans and discounts: 85,995.40 On real estate 271,760.77 Other Total loans and discounts 357,756.17 $ 4 Real estate acquired in satisfaction of debts 35,599.86 (- 9 5 Investments 35,93 .79 8 All other resources 429,294.82 Total resources 50,000.00 Capital 17,907.92 Surplus and undivided profits • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 262,140.55 49,246.35 Time deposits, including postal savings Total deposits $ 311,3g6.90 Borrowings from F. R. bank 50,000.00 Borrowings from other banks All other liabilities 429,294.g2 Total liabilities 7. has this bank been reopened? No If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • 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 Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed claims Preferred claims.. . General claims Total claims 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 p Decline in real estate values and agr cu1tural . ro d.u,c s 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 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 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 O State bank II Trust company O Stock savings bank O INDIANA Mutual savings bank 0 Private bank 1. Name of bank • 2. Date organized Peoples Loan & Trust Co. 1-18-22 3. Federal reserve district Town or City 7 Date suspended 8-5-2 7 4. Number of branches operated: In city of parent bank La Fayette Population of town or city* 23,790 Member or nonmember of F. R. System_N° 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. Tippecanoe County X 6. Condition figures, as of (date*) 6-30-27 Loans and discounts: On real estate Other Total loans and discounts 2 • 238,749.42 Real estate acquired in satisfaction of debts Investments 26,238.87 All other resources 47,772.14 312,76D.11.3 Total resources 50,000.00 Capital 1,116.13 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 116,348.64 75,755.66 192.104.30 Total deposits Borrowings from F. R. bank 19,500.00 Borrowings from other banks 50,014.0.00 All other liabilities 312,760.11-3 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? IO 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. .. . Claims pa d in full , Total claims. 10. Has this bank been finally liquidated? Date liquidation was completed Yes If so give: June 1928 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. .. . 1 1 ,, -I L-. f i i i 17 I °Li )trO '70 11. Causes of suspension: Check in the appropriate column those of the following 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 suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 105 Eli National bank Name of State • State bank El Trust company [1] Stock savings bank 7 1=1 INDIANA Mutual savings bank • Private bank 1. Name of bank_ • 2. Date organized CITIZENS STATE BANK 3/7/1912 3. Federal reserve district Date suspended Town or City 2/27/30 7 LAGRO Population of town or city* 600 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 WABASH No 6. Condition figures, as of (date*) 10/14/29 Loans and discounts: 54,837.16 On real estate 78,879.21 Other $ Total loans and discounts 133,717.08 11,094.67 Real estate acquired in satisfaction of debts Investments 239554.12 All other resources 168,365.87 Total resources Capital 25 000.00 : Surplus and undivided profits 12,000.00 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 113,865.87 Time deposits, including postal savings $ Total deposits 113.865.87 Borrowings from F. R. bank 17,500.00 Borrowings from other banks All other liabilities 168,365.87 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. 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? 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 Secured claims. .. Preferred claims 11,368 113,685 General claims 10 Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets • From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. . . . Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • x Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 12. Were there any assessments, voluntary or othen,vise, on the directors or stockholders either before or after the bank suspended? es 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 [Z] State bank 0 Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank • Lakeville State Bank 2. Date organized 12-31-17 3. Federal reserve district Date suspended Town or City 1-20-27 7 Lakevi11 e S S. Joseph County Population of town or city* Member or nonmember of F. R. System_LL ° 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. 333 lio 1-19-27 6. Condition figures, as of (date*) Loans and discounts: 30,201.66 On real estate 100,403.00 Other 130,604.66 Total loans and discounts 12,618.75 Real estate acquired in satisfaction of debts Investments 33,252.03 All other resources 176,475.44 Total resources l7,300.0O Capital Surplus and undivided profits Deposits: Due to banks** .. $ Demand deposits, including U. S. Govt. deposits 66,465.97 Tune deposits, including postal savings 37,459.46 103,325.43 Total deposits Borrowings from F. R. bank Borrowings from other banks 13,503.00 All other liabilities 11,800.00 176,475.411- Total liabilities Yes 7. Il as this bank been reopened? Date of reopening If so give: 6-27-27 Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) • Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims.. . General claims. . Total claims. . .. If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets • From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims . . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc 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 9f 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 Rep'Oft on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check a:pproi3riate one of the following El National bank Name of State IK State bank Trust company LI Stock savings bank' LI Mutual savings banli LI Private bank 1. Name of bank • 2. Date organized INDIANA LAKEVILLE. STATE BANK 12/31/17 3. Federal reserve district Date suspended Town or City 2/21/30 7 LAKEV ILLE Population of town or city* Member or nonmember of F. R. 4. Number of branches operated: In city of parent bank Outside city of parent bank** None * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. 333 System__Non-member None 5. Was this bank a member of a chain or group? If so give the name of the chain or group County ST•JOSEPH No 12/31 1929 / 6. Condition figures, as of (date*) Loans and discounts: On real estate 14,573.20 Other 53,090,63 $ 67,663,83 Total loans and discounts 15,510,71 Real estate acquired in satisfaction of debts 300.00 Investments All other resources 38,487.00 $1,200 is surplus fund There is a deficit of Total resources 121,961,54 $2,585.09 in undivided profits 23,900.00 Capital 1,200.00 Surplus and undivided profits Deposits: Due to banks** $ Demand deposits, including U. S. Govt. deposits Div. unpaid Time deposits, 'including postal savings 892.81 14,970.58 3.00 9,628.27 $ 76,664.66 Total deposits Borrowings from F. R. bank 19,750.56 Borrowings from other banks 446.32 All other liabilities 121,961.54 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. No 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 Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed claims Preferred claims No payments General claims 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 Dividends paid from collections Payments from guaranty fund claims 4 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 • IUM5xwithdrawals 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 italtUpcgr type of agriculture All What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1 9 24 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 100% —1 1;5; 11° stockholders will not be able to respond to an assessment very freely. FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 0 National bank Name of State FI State bank O Trust company O Stock savings bank O I1\-1DI ANA. Mutual savings bank O Private bank A.d 1. Name of bank LAPAZ ARMERS STATE BANK Town or City MARSHALL County iy.36 2. Date organized 3. Federal reserve district Date suspended 2- 27- 7th Population of town or city* Member or nonmember of F. R System 4. Number of branches operated: In city of parent bank NO 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. No 274 No 2-27-1930 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 1].1,778.51 Total loans and discounts Real estate acquired in satisfaction of debts 12,010.00 \--1 Investments 33,502.28 All other resources 187,290.79 Total resources 25,000.00 Capital 16,500.0 Surplus and undivided profits Deposits: Due to banks** 46,724,514_ Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings $ 129,101.35 Total deposits Borrowings from F. R. bank 13 500.00 , Borrowings from other banks 3 188.94 , All other liabilities 187,290.79 Total liabilities 7. Has this bank been reopened? Date of reopening Yes If so give: Liay1, 1930 Sane Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims N 0 N E 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 _ 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) 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 M State bank 26 National bank Name of State 0 Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank The Leavenworth State Bank • Date suspended 11-21-30 2. Date organized 6-29-25 3. Federal reserve district Town or City 8 Leavenworth Population of town or city* Crawford 611 Member or nonmember of F. R. Systerri_ncm—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 9-211-30 6. Condition figures, as of (date*) Loans and discounts: On real estate 60,591.32 Other 92,858.66 $ Total loans and discounts 153,449.98 , Real estate acquired in satisfaction of debts 6,393.50 447.50 Investments 27,733.17 All other resources 215,624-.15 Total resources 25,000.00 Capital 4,600.31 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 62,167.08 118,656.76 180,823.84 Total deposits Borrowings from F. R. bank Borrowings from other banks 5,200.00 All other liabilities 215,6211-.15 Total liabilities 7. Has this bank been reopened? Yes If so give: 11-29-30 Date of reopening 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: 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 suspen,sion. • Type of bank reported—check appropriate one of the following O National bank 55 Name of State E] State bank O Trust company O Stock savings bank El Mutual savings bank INDIANA O Private bank 1. Name of bank • 2. D ate organized LETTS STATE BANK 12/8/14 3. Federal reserve district Town or City Date suspended 1/17/25 7 1 4 11S C ..ounty DECATUR Population of town or city* lember or nonmember of F. R. System N° menlb r "' 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. 3. 4c No loss 1/16/25 6. Condition figures, as of (date*) Loans and discounts: On real estate h2.368.00 Other 87,721.79 $ Total loans and discounts 130,090.29 Real estate acquired in satisfaction of debts 0, 310.00 Investments 141,698.96 All other resources 142,008.96 Total resources 25,000.00 Capital 8,loo.co Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 69,147.13 Tune deposits, including postal savings $ Total deposits 69,147.13 Borrowings from F. R. bank 39,625.00 Borrowings from other banks 136.83 All other liabilities 142,006.96 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. 8. Has this bank been taken over by another bank? NO If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total Ye 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 i General claims . Total claims. ... (Pq /1-/7 ro 10. Has this bank been finally liquidated? .... ( 69,147.13 / 10C% _ _...-- 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) Lack of bu3iness Never operated profitably. 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 t<dt i O National bank E State bank Name of State O Trust company 0 Stock savings bank INDIANA. • Mutual savings-bank O Private bank Town or City LIBERTY CENTERCounty WELLS 1. Name of bank LIBERTY CENTER STATE BANK • 8-5-1907 2. Date organized • 3. Federal reserve district Date suspended 2-1 3-1929 7th - 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** 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*) Feb. 13, 1929 Loans and discounts: /44,210.00 On real estate 149,781.48 Other $193,989.14-8 Total loans and discounts Real estate acquired in satisfaction of debts 01)\\ 5,300.00 Investments 36,297.50 All other resources 235,586.98 Total resources 25,000.00 Capital 6,580./45 Surplus and undivided profits Deposits: Due to banks** 47,768.01 Demand deposits, including U. S. Govt. deposits 129,188.79 Tune deposits, including postal savings $ 176,956.80 Total deposits Borrowings from F. R. bank Borrowings from other banks 10,000.00 All other liabilities 17,0)49.73 235,586.98 Total liabilities Yes 7. Has this bank been reopened? If so give: Feb. 23, 1929 Date of reopening Name under which reopened Loss to depositors on: Sane Amount of loss Per cent of loss to claims Secured claims Preferred claims N 0 N -E 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? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims. General claims. .. ___ Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets 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 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 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 Retort on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. .Type of bank reported—check appropriate one of the following 111 National bank r-tri Name of State DE State bank 11 Trust company LI Stock savings bank El INDIANA Mutual savings bank Private bank 1. Name of bank LINNSBURG STATE BANK III 2.,Date organized 6/5/1913 • , 3. Federal reserve district Date suspended Town or City 4/9/25 LINNSBURG Population of town or city* 250 Member or nonmember of F. R. System__Non-menthe r 7 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 MONTGOMERY No 3oss NO 6/30/1925 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ Total loans and discounts 54,896.89 Real estate acquired in satisfaction of debts '` 9 ) 1 Investments 103.79 6,965.03 All other resources 61,970,69 Total resources 25,000.00 Capital 813 07 . Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings $ Total deposits 27,157.62 Borrowings from F. R. bank 9,000.00 Borrowings from other banks All other liabilities 61,970.69 Total liabilities 7. has this bank been reopened? Nc 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: N° 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 Total payments Per cent of payments to claims allowed --7 I oT Dividends paid from collections / tro 70 Total payments Per cent of payments to claims allowed Secured claims ' Preferred claims 9-11 15— General claims . r Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed S 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) • Laek 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 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 LI National bank 0 State bank 4 Name of State 0 Trust company 0 Stock savings bank 0 Mutual savings bank IND IAN A 0 Private bank River Bank , 1. Name of bank 2. Date organized 5-29-03 Date suspended Town or City Loogootee 11--2g-22 3. Federal reserve district Population of town or city* 2,335 Member or nonmember of F. R. System 4. Number of branches operated: In city of parent bank Outside city of parent bank** None X 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census 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 :artin ro March 10, 1922 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 180,940.00 266,256.67 Other $ 447,196.67 Total loans and discounts Real estate acquired in satisfaction of debts Investments 41,730.00 All other resources 33,055.51 _5_21,982.18 Total resources Capital 40,000.00 Surplus and undivided profits 15, 946.68 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 310,089.29 Tune deposits, including postal savings 133,44-6.21 $ 443,535.50 Total deposits Borrowings from F. R. bank 22,500.00 Borrowings from other banks All other liabilities 521,382.18 Total liabilities 7. has this bank been reopened? Date of reopening .7` 3 6-3-22 If so give: (6 7- -e- 3 ) ti Name under which reopened The "Thite River 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 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 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 suspendej on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each • suspension. • Type of bank reported—check appropriate one of the following CI National bank M State bank • Trust company D Stock savings bank O Mutual savings bank D Private bank 1. Name of bank • 2. Date organized FARMERS STATE BANK 5/3/16 Date suspended Town or City MILFORD 12/9/24 Population of town or city* 1,000 Member or nonmember of F. R. System_ Non—member 3. Federal reserve district 4. Number of branches operated: In city of parent bank None Outside city of parent bank** None 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. County KOSCLENSKO No 6 30/24 / 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ Total loans and discounts 257,899.35 4,046 Real estate acquired in satisfaction of debts 1,795.07 Investments 09.4poolgt1.4 All other resources 307.177.52 Total resources 25,000.00 Capital .000.00 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 110,131.17 Time deposits, including postal savings 115,436,81 225,567.98 Total deposits Borrowings from F. R. bank 40,000.00 Borrowings from other banks 11,609.5/4 All other liabilities 307,177.52 Total liabilities 7. Has this bank been reopened? No ifso give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • 8. Has this bank been taken over by another bank? NC 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 Secured claims.... Preferred claims 50% 112,783.99 225,567 General claims Total claims. 10. Has this bank been finally liquidated? No If so give: Date liquidation was completed Collections: From liquidation of assets 10,500.00 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 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 Cashier sent to penitentiary • 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? ye r If so, give dates and amounts of all assessments 100 610-1/-0 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following El National bank O State bank Name of State O Trust company O Stock savings bank O Indiana Mutual savings bank O Private bank Markieville State Bank 1. Name of bank_ 2. Date organized 1912 Dec. 30, 3. Federal reserve district Date suspended Town or City Mar. 1, 1927 7 4. Number of branches operated: In city of parent bank Madi son Marklevilie County Population of town or city* Member or nonmember of F. R. System_ Non—member None 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. 11-50 6. Condition figures, as of (date*) March 1, 1927. Loans and discounts: On real estate • Other $ Total loans and discounts 161,107.72 y 2g ,72/1-.54 Real estate acquired in satisfaction of debts 1,100.00 Investments 33,972.20 All other resources 224,9o4.46 Total resources 25,000.00 Capital 8,493.60 Surplus and undivided profits Deposits: 599.74 Due to banks** Demand deposits, including U. S. Govt. deposits 91,062.81 Time deposits, including postal savings 81,291.96 172,9511..51 Total deposits Borrowings from F. R. bank Borrowings from other banks 1, ,456.35 8 All other liabilities 224,904.46 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. 411P 8. Has this bank been taken over by another bank? No If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total Yes 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims Preferred claims.. General claims. .. . - 172,95 ' \ -r..-------- 94,000 54 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 1 1. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. ,Primary cause Contributing cause Decline in real estate values Losses due to 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 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 t State bank O Trust company O Stock savings bulk INDIANA LI Mutual savings bank El Private bank 1. Name of bank laTTHEWS 2. Date organized Mar•4 3. Federal reserve district STATE BANK 1907 Date suspended Town or City Tay 7th 169 raT THEWS County *1-92 -9 Population of town or city* .\'ember 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 loss r0 GRANT 500 Non—Member Far.27,1929 6. Condition figures, as of (date*) Loans and discounts: 8,2614-.49 On real estate 91,067.61 Other $ Total loans and discounts 99,332.00 13,253.73 Real estate acquired in satisfaction of debts 0\'\ Investments 64,252.14 All other resources 176,837.87 Total resources 25,000.00 Capital 5,179.01 Surplus and undivided profits Deposits: $ Due to banks** 1,051.93 632.85 69, Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 22,874.08 $ 93,558.86 Total deposits Borrowings from F. R. bank Borrowings from other banks 10 000.00 , All other liabilities 4-3,100.00 176,837.87 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. 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 Yes 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims Preferred claims General claims. ... 72,000 103,000 70 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 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 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). tQl16 4R -1 a sliap.dezau.s woman 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? None If so, give dates and amounts of all assessments Enough assets in hands of li-Alidating agent to pay all depositors and a small dividend to 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 [1] National bank Name of State State bank ri Trust company [i] Stock savings bank El INDI ANA Mutual savings bank El Private bank 1. Name of bank MOM STATE BIM • 2. Date organized June 3. Federal reserve district Town or City MEROM 5,1911 Date suspended April , 92g Population of town or city* 8°C 1 ) 8th 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 SULLIVAN NO Non—Member Feb. 28, 1928 6. Condition figures, as of (date*) Loans and discounts: 15,930.00 On real estate 41,232.83 Other 57,162.83 Total loans and discounts (\ 10, .68.92 $ 8 Real estate acquired in satisfaction of debts Investments 15,606.77 All other resources 83,638.52 Total resources 25,000.00 Capital 2,251.52 Surplus and undivided profits Deposits: $ 12,000.00 Due to banks** Demand deposits, including Ti. S. Govt. deposits Time deposits, including postal savings ,877.49 5 2 .51 ,84 Total deposits $ 56 162.00 ' Borrowings from F. R. bank Borrowings from other banks 225.00 All other liabilities ( 13,633 52 Total liabilities 7. Has this bank been reopened? No If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 8. Has this bank been taken over by another bank? No If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed _ Secured claims. Preferred claims... 56,000 General claims 16,800 30 , 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 S 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 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 LI IC LI 102 National bank Name of State State bank Trust company El Stock savings bank INDIANA r] Mutual savings bank LI Private bank Farmers State Bank 1. Name of bank F • 2. Date organized 10-9 -13 3. Federal reserve district Town or City Miami Date suspended 11-1 3 7- 0 7 4. Number of branches operated: In city of parent bank County 711 `. Population of town or city* Member or nonmember of F. R System Non—member 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. 319 No 9-24-30 6. Condition figures, as of (date*) Loans and discounts: On real estate $ 19,083-27 40,512.60 Other 59,595.87 Total loans and discounts Real estate acquired in satisfaction of debts 14,142.45 Investments 16,303.32 -21,030.09 All other resources 111,071.73 Total resources 25,000.00 Capital 5,961.63 Surplus and undivided profits Deposits: $ 1,419.32 Due to banks** Demand deposits, including U. S. Govt. deposits 57,704.07 Tune deposits, including postal savings 17,686.71 76,810.10 Total deposits Borrowings from F. R. bank Borrowings from other banks 3,300.00 All other liabilities 111,071.73 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. • Lo 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 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) 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 assessmentq • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by-supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. 'Type of bank reported—check appropriate one of the following El National bank A State bank 9C: Name of State Ij Trust company Stock savings bank INDI ANA I utual savings bank El Private bank MILL TRSBURG STATE BANK • 1. Name of bank_ 2. Date organized Oct.1.2 4908 3. Federal reserve district Town or City MILLERSBURG ELKHART County 6,1929 Date suspended'Population of town or city* 700 7th Member or nonmember of F R. System_N011—Member 4. Number of branches operated: In city of parent bank None None Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. No 6. Condition figures, as of (date*) July 20, 1929 Loans and discounts: On real estate 32,728.10 Other 70,839.75 l03,567.5 Total loans and discounts 16,572.17 Real estate acquired in satisfaction of debts (J• \ Investments 7,850.00 88,383.88 All other resources 216,373.90 Total resources 25,000.00 Capital 7,762.16 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 73,386.27 63,691.87 $ 137,078.14 Total deposits Borrowings from F. R. bank Borrowings from other banks 46,533.30 All other liabilities 216,373.90 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. • 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 Secured Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Preferred claims General claims. .. 137,078 68,5311- 50 Total claims. 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. . .. Total claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Cashier committed. suicide 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 411111 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 Z1 State bank O Trust company 0 Stock savings bank O Indiana Mutual savings bank O Private bank 1. Name of bank Mongo State Bank • 2. Date organized June 2,1915 3. Federal reserve district Town or City Date suspended Sept.29,26 7 Mongo County Lagrange 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 250 Non—memb er June 12, 1926 6. Condition figures, as of (date*) Loans and discounts: 25,256.38 On real estate 112,111-6.o6 Other $ 137,402.44 Total loans and discounts 20,7914.94 Real estate acquired in satisfaction of debts 11-9.30 Investments 20,11-61.07 All other resources 178,707.75 Total resources 25,000.00 Capital ,000.00 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 1,154.11-0 60,332.01 62,751.24124,237.65 Total deposits Borrowings from F. R. bank 18,920.10 Borrowings from other banks 2,550.00 All other liabilities 178,707.75 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. 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 124,237.65 , 4/ 2k5( i 71 General claims looci° r 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 Total payments Secured claims. ... Preferred claims General claims Total claims . Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment,laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) 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 othenvise, on the directors or stockholders either before or after the bank suspended? NO If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following I=1 If t 2' National bank Name of State State bank El Trust company El Stock savings bank El Mutual savings bank El Private bank INDIANA 1. Name of bank Farmers & Traders State Bank Town or City 2. Date organized 6-16-20 3. Federal reserve district Date suspended 7 Monon County Population of town or city* Member or nonmember of F R. System_ 4. Number of branches operated: In city of parent bank None Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. No 1357 No 12-31-29 6. Condition figures, as of (date*) Loans and discounts: 53,3gg-7g On real estate 139,903.21;. Other 193,292.02 Total loans and discounts r\ 13,150.00 ' Real estate acquired in satisfaction of debts 8, 872.07 Investments 91,675.00 All other resources 306,987.09 Total resources 50,000.00 Capital g, 11-68.59 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 127,1.85.15 Time deposits, including postal savings 121,333.35 $ 24-8,518.50 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 306,987.09 Total liabilities 7. Has this bank been reopened? Yes If so give: Date of reopening 3-5-30 Name under which reopened Fanners 8: Traders State Bank Amount of loss Loss to depositors on: 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: 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 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 91_ National bank Name of State •State bank El Trust company O Stock savings bank O IrDI ANA Mutual savings bank Private bank 1. Name of bank • 2. Date organized STATE BANK July 2, 1906 Town or City Date suspended Nov.1,1929 11 :0NON County WHITE , Population of town or city* 1g00 7th Member or nonmember of F. R System_NonMember — 3. Federal reserve district 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. l`To 6. Condition figures, as of (date*) Oct. 4 1923 , Loans and discounts: g 3, 524.70 On real estate 219,229.54 Other 302,754.24 Total loans and discounts ) 16153.90 f , Real estate acquired in satisfaction of debts 2,000.00 Investments 37,ggi. 63 All other resources 358,795.77 Total resources 25,000.00 Capital 3,O3.61 Surplus and undivided profits Deposits: 256.63 Due to banks** 145,579.60 Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 161,920.93 $ Total deposits 307,757.16 Borrowings from F. R. bank 23,000.00 Borrowings from other banks All other liabilities 358,795.77 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. /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 If so give payments to date: 9. Is this bank still in process of liquidation? Yes (Amounts in dollars) Payments from guaranty fund Dividends paid from collections Claims allowed Oct. 2, 1930 Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed ..._ Secured claims Preferred claims... To payment General claims. . . as yet 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 11. Causes of suspension: Check in the appropriate column those of the following 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 Yes bank suspended? 100% 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 0 Trust company O Stock savings bank O INDIANA Mutual saving bank O Private bank • 1. Name of bank'MONROE CITY STATE BANK . 2. Date organized Aug 3. Federal reserve district Town or City MONROE CITY County I2TOX 192A 5, 1908 Date suspended July 19, vopulation of town or city* gth yon-7,Tember Member or nonmember of F. R. System__ 4. Number of branches operated:,In city of parent bank None 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. 525 6. Condition figures, as of (date*) June 30, 1928 Loans and discounts: $ On real estate 24,325.00 75,289.19 Other 99,614.19 Total loans and discounts 7,638.57 Real estate acquired in satisfaction of debts Il Investments 20,249.29 All other resources 127,502.05 Total resources 25,000.00 Capital 3,899.86 Surplus and undivided profits • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 62,245.37 15,556, 68 $ 7,802.05 Total deposits Borrowings from F. R. bank 20,000.00 Borrowings from other banks 800.14 All other liabilities 127,502.05 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. OP 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 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. ... 77,802 once "wio 15,560 Total claims.. .. 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets Unknown 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) Lack of business Other causes, (specify) 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? Yes If so, give dates and amounts of all assessments Other dividends will be 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 suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 LI LI LI LI 125 Name of State E] State bank Trust company Stock savings b'ank IN DIANA Mutual savings.bank Private bank 1. Name of bank 2. Date organized FARMERS STATE BANK 2/2/1911 3. Federal reserve district Date suspended 7 Town or City 3/1.5/30 MONTICELLO Population of town or city* min E 2,50 0 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 1/18/30 6. Condition figures, as of (date*) Loans and discounts: On real estate 61,200.00 Other 71,115,92 $ Total loans and discounts 132,315.92 e'D Real estate acquired in satisfaction of debts Investments 18,200.00 All other resources 37,565.18 188,081.10 Total resources 25,000.00 Capital 6o37.38 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 88,958.46 Tune deposits, including postal savings 57629.40 , Total deposits $ 146,587.86 Borrowings from F. R. bank 10,000.00 Borrowings from other banks 455.86 All other liabilities 188,081,10 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 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 payment General claims s 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 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) 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 Litigation ,13' 100i c FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O 94_ National bank Name of State n State bank 0 Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank • 1. Name of bank . 2. Date organized FARMERS D0 SIT BANK Oct.13,1891 Town or City TNTPELIER CountyBL!XKFORD ..Feb.13,1929 Population of Date suspended town or city* 3,000 7th — Member or nonmember of F. R. System NonMember 3. Federal reserve district None 4. Number of branches operated: In city of parent bank None Outside city of parent bank** 5. \Vas this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. No 6. Condition figures, as of (date*) Dec. 31, 1928 Loans and discounts: $ 192,240.62 On real estate 184,250.75 Other 376,491.37 Total loans and discounts 11,100.00 Real estate acquired in satisfaction of debts Investments 15 , . 6 630 00 • 45,351.50 All other resources 5 9,572.87 8 Total resources 50,000.00 Capital 19,499.95 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 480,424.4 1,300.00 Total deposits $ 4-81,7211. 49 . 4.0 Borrowings from F. R. bank 3 8.34g•11-3 Borrowings from other banks All other liabilities 589,572°87 Total liabilities 7. Has this bank been reopened? 41P 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 Yee 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed _ Secured claims. .. . Preferred claims.. General claims. .. 14,516 481,724 30!'0, 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 clainis 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 No or agriculture? 4111F 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? 1921 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or aft t e ; bank suspended? Yes If so, give dates and amounts of all assessments 100 / Payment of assessment is held up on account of court decision and amount to be realized from the assets cannot be determined 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. Type of bank reported—check appropriate one of the following 122 • National bank qg Name of State State bank ▪ Trust company O Stock savings bank El Mutual savings bank INDL4NA. 0 Private bank 1. Name of bank 2. Date.organized Mooresville State Bank 5-1h-23 3. Federal reserve district Date suspended 7 Town or City 12-26-30 Mooresville County Population of town or city* 1910 Member or nonmember of F. R. System_ Non-meriber 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. MorL;an 6-30-30 6. Condition figures, as of (date*) Loans and discounts: On real estate 128,887.68 Other )4.23,047.27 $ Total loans and discounts 551,935.15 Real estate acquired in satisfaction of debts 40,000.00 Investments 141,548.37 All other resources 733,583.52 Total resources Capital 50,000.00 Surplus and undivided profits 30,M18.14 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 2992779.56 Tune deposits, including postal savings 239,363.79 $ 539,1143.35 Total deposits Borrowings from F. R. bank Borrowings from other banks 23,356.23 All other liabilities 90,635.80 733.583.52 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? II° 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 tistribution 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 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) 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 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 bdard of 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 -suspension. • Type of bank reported—check appropriate one of the following O National bank Name of State O State bank KI Trust company O Stock savings bank INDIANA El Mutual savings bqnk O Private bank 1. Name of bank 2. Date organized . MULB-4 RRY BANK 8c TRUST CO 1 12 9 / /26 Date suspended__ 3. Federal reserve district Town or City 3/900 MULBERRY 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. County N9 CLINTON 875 Noni'member 1/16/30 6. Condition figures, as of (date*) Loans and discounts: 65,009.66 On real estate 205,928.76 Other 270,938.4.2 Total loans and discounts 813.06 Real estate acquired in satisfaction of debts 9,200.00 Investments 69,518.69 All other resources 350,470.17 Total resources 25 000.00 , Capital 5,149.72 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 131,196,19 Tune deposits, including postal savings 142,824..26 274,020.45 Total deposits Borrowings from F. R. bank 46,30C.00 Borrowings from other banks All other liabilities 350,470.17 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. • S. Has this bank been taken over by another bank? No If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total yes 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) • Claims allowed Secured claims 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 . No payment as yet 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 Dividends paid from collections Secured claims Preferred claims General claims. Total claims • Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) 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 LI LI 13C National bank Name of State State bank 23 Trust company ID Stock savings bank LI LI INDIANA Mutual savings,bank, Private bank 1. Nanae of bank 2. Date organized LINCOLN BANK It TRUST CO. 2/15/29 3. Federal reserve district Date suspended 7 Town or City • 3 29 30 / / DiltYNCIE County Population of town or city* h.0,000 • Member or nonmember of F. R. System_ Non-member 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. T.)ELAWARE No 2-4-30 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 66,770.62 312,524.23 Other 379$ 294.85 Total loans and discounts ,7, 2636.60 ) , Real estate acquired in satisfaction of debts 16,282.69 Investments 113,84.5.36 All other resources 512,059.56 Total resources 50,000.00 Capital 9,248..74 Surplus and undivided profits Deposits: 2,741.87 Due to banks** Demand deposits, including Ti. S. Govt. deposits Tune deposits, including postal savings 283,408.17 67,372.11 353,522.15 Total deposits Borrowings from F. R. bank 40,000.00 Borrowings from other banks 59,288.67 All other liabilities 512,059.56 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. S. Has this bank been taken over by another bank? No If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total Yes 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) 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 payment s s 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.) 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? yes 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 ‘77 . 0 National bank Name of State DK] State bank LII Trust company LI Stock savings bank [11 Mutual savings bank INDIANA [] Private bank Town or City New Albany 1. Name of bank American Bank & Trust Co. 2. Date organized 6-16-15 3. Federal reserve district Date suspended 11-21-30 8 Population of town or city* Member or nonmember of F. R. System 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census 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 Floyd 25,825 — nonmember 6. Condition figures, as of (date*) 9-211-30 Loans and discounts: Unreal estate 1,195,650.75 Other 1,204,794.41 $ Total loans and discounts 2,400,445.16 (\ 13,705.88 Real estate acquired in satisfaction of debts 267,150.11 Investments 365,64.72 All other resources 3,047,050.87 Total resources Capital 350,000.00 Surplus and undivided profits 165,258.24 • Deposits: 3,345.29 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 634,250.93 1,719,196.41 $ Total deposits 2,456,792.63 Borrowings from F. R. bank Borrowings from other banks 75,000.00 All other liabilities 3,047,050.87 Total liabilities 7. Has this bank been reopened? Yes Date of reopening If so give: 12-1—30 Name under which reopened Loss to depositors on: Same 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 If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 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 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 35 National bank Name of State [N State bank Li Trust company Li Stock savings bank INDIANA [1] Mutual savings bank 0 Private bank 1. Name of bank Liberty State Bank .2. Date organized 2-17-26 3. Federal reserve district Town or CityNew Albany Date suspended 112030 8 4. Number of branches operated: In city of parent bank County Floyd Population of town or city* 25,825 Member or nonmember of F. R. System__ 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. No N 92430 6. Condition figures, as of (date*) Loans and discounts: 97,321.42 On real estate 163,308.20 Other $ 260,629.62 Total loans and discounts / 7,919.51 Real estate acquired in satisfaction of debts 3,950.00 Investments 67,640.15 All other resources 3_40439.2g Total resources 50,000.00 Capital 3,653.81 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 110,031.90 453.57 176, $ 286,4-85.47 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 3_4_9„139.28 Total liabilities 7. has this bank been reopened? Date of reopening Yes If so give: 12-22-30 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. 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) 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 assessmentc • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • - Type of bank reported—check appropriate one of the following O National bank O State bank n 45 Name of State Trust company O Stock savings bank INDI ANA Ej Mutual savingsnbank E] Private bank 1. Name of bank NEW HARMONY BANK & TR.CO. • 2. Date organized Sept.1,1920 3. Federal reserve district Town or City 1930 ' Date suspended Jan.111- th NEV HARMONY County Population of town or city* 1,500 Non—Member 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. POSEY ITo 1055 6. Condition figures, as of (date*) Dec. 31, 1929 Loans and discounts: 13g,059.48 On real estate 162,600.22 Other Total loans and discounts 300,659.70 $ 30,196.00 Real estate acquired in satisfaction of debts Investments 111,231.4-5 All other resources /142,087.15 Total resources 50,000.00 Capital 3,741.35 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 126,921.26 133,709.54 $ 260,630.g0 Total deposits Borrowings from F. R. bank 85,000.00 Borrowings from other banks 4-2,715.00 All other liabilities / 142,087.15 Total liabilities 7. has this bank been reopened? • If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 8. Has this bank been taken over by another bank? Yes If so give: Name of bank by which taken over Yew Harmony State Bank (new bank) Date taken over Feb.20,1930 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 _ r Secured claims Preferred claims General claims. 260,630.g0 Total claims. 100°,0 1 If so give: 10. Has this bank been finally liquidated? Date liquidation was completed • Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed . Secured claims. . .. Preferred claims General claims. . . . Total claims. . .. . Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture . What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments Voluntary contribution by stockholaers of t100,000.00 • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently b3%supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 18 National bank Name of State El State bank O Trust company Ej Stock savings bank O INDIANA Mutual savings bank 0 Private bank 1. Name ofinTrITTIE CITIZENS STATE BANK • Town or City NOM ESVILL E Jan.25,1877 2. Date organized Date suspended June 21,1928 County Harna ON Population of town or city* 6,000 h :To n-Memb er 7 Member or nonmember of F. R System_ 3. Federal reserve district 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 loss No 6. Condition figures, as of (date*) Feb. 2 8, 192g Loans and discounts: 2,999.80 On real estate 931,699.69 Other 934,699.49 $ Total loans and discounts 26,470.39 Real estate acquired in satisfaction of debts 21,100.00 Investments 131, 58.64- All other resources 1,114,128.52 Total resources 100,000.00 Capital 75,296.24- Surplus and undivided profits • Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits 11,73E.1 859,619.72 3,267.60 Tune deposits, including postal savings $ 874,626.13 Total deposits Borrowings from F. R. bank 64,205.00 Borrowings from other banks 1.15 All other liabilities 1,114,128.4-2 Total liabilities 7. Has this bank been reopened? Yes If so give: Date of reopening Name under which reopened JulY 2 1928 Citizens State Bank Amount of loss Loss to depositors on: Per cent of loss to claims None Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total Yes 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed secured claims Preferred claims.. 0 10011 g74,626.13 General claims. . . -------_____ Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets 100,000.00 From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: rai 11 Claims allowed (Amounts in dollars) 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 A new bank was organized which took over the assets of the old bank and paid its depositors in fall. g t-u-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 11:1 1.06 National bank Name of State LI State bank I] Trust company Eli Stock savings bank El INDIANA Mutual savings bank ri Private bank 1. Name • of bank 2. Date organized NORTH LIBERTY STATE BANK Town or City NORTH LIB7RTY County July 12, 1910_ Jan.16,1930 Population town or city* 700 of Date suspended 3. Federal reserve district 7th • 4. Number of branches operated: In city of parent bank TTon—Member 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 No * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. 'Dec. 31, 1)29 6. Condition figures, as of (date*) Loans and discounts: On real estate 66,64-o.oo Other 611,918.05 $ Total loans and discounts 131,558.05 6,602.95 Real estate acquired in satisfaction of debts 1,651.86 Investments 46,401.26 All other resources 186,2111-.12 Total resources 50,000.00 Capital 2,361.12 Surplus and undivided profits Deposits: 61-.57 Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 38,397.81 5'1,524 58 $ Total deposits 93,556.96 Borrowings from F. R. bank 12,000.00 Borrowings from other banks , 296.04 All other liabilities 186,2111.12 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) '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 Secured claims. .. Preferred claims.. 93,556 General claims.. 9,350 10 Total claims. . . 10. Has this bank been finally liquidated? IT o If so give: Date liquidation was completed Collections: From liquidation of assets • From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims Preferred claims - General claims Total claims. . . . ___ 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc 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? Yes If so, give dates and amounts of all assessments 100ffo l The Federal Reserve examiner said in his report that the officers of this bank were dishonest, the department of Banking of Indiana never contested the allegation. FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 E] State bank O Trust company O Stock savings bank O Indiana Mutual savings bank O Private bank Farmers State Bank 1. Name of bank__ 2. Date organized Sept.20-1916 3. Federal reserve district Date suspended Town or City Onward Feb. 23,1927 7 Population of town or city* Cass 75 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*) June 4, 1926 Loans and discounts: $ On real estate 28 ,8711-.00 89,263.00 Other $ Total loans and discounts 118,137.00 Real estate acquired in satisfaction of debts Investments 13,539.84 All other resources 131,676.84 Total resources 25,000.00 Capital 1,117.59 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 43,077.20 45,482.05 88,559.25 Total deposits Borrowings from F. R. bank Borrowings from other banks 17,000.00 All other liabilities 131,676.84 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. • 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 j .. „,. Secured claims. Per cent of payments to claims allowed • • • . Preferred claims K General claims.. 44,25o.00 0-b 50 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 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 100% — 2.6) p-frO . FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 121 • National bank M Name of State State bank 0 Trust company O Stock savings bank O Mutual savings bank INDIANA O Private bank 1. Name of bank • 2. Date organized Citizens State Bank 3-9-08 3. Federal reserve district Date suspended Town or City 11-25-30 8 Orleans Population of town or city* Orange 1,408 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 9-24-30 6. Condition figures, as of (date*) Loans and discounts: $ 37,958.88 On real estate 168,137.5/4 Other 206,096.12 Total loans and discounts \ Real estate acquired in satisfaction of debts 998.18 Investments 15,385.00 All other resources 69,734.28 292,213.88 Total resources Capital 30,000.00 Surplus and undivided profits 10,229.86 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 80,276.23 155,907.79 $ Total deposits 236,1U4.02 Borrowings from F. R. bank 15,000.00 Borrowings from other banks 800.00 All other liabilities 292,213.88 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 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 Total payments Per cent of payments to claims allowed claims Preferred claims General claims Total claims No distribution 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) 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 supervisory authorities or by the bank's board of directors on account of financial difficulties. This by form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check 'appropriate one of the following • National bank Name of State CA State bank [1] Trust company 1:1 Stock savings bank INDIANA LI Mutual savings bank rj Private bank State Bank of Otterbein 1. Name of bank 2. Date organized 4-5-94 3. Federal reserve district Date suspended Otterbein Town or City 2-6-30 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** Benton 702 No 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 12-31-29 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 69,701.66 664,620.911- Other 734 322.60 , $ Total loans and discounts Real estate acquired in satisfaction of debts 2,070.50 Investments 117,000,70 All other resources 853,393.80 Total resources Capital 50,000.00 Surplus and undivided profits 19,g21.85 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 274,158.58 Tune deposits, including postal savings 390,4-13.37 $ Borrowings from F. R. bank 664,571.95 r Total deposits 62,500.00 56,500.00 Borrowings from other banks .853093-80 All other liabilities Total liabilities 7. Has this bank been reopened? Date of reopening Yes If so give: 3-14-30 Name under which reopened Same Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total None * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) • Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims Preferred claims. General claims Total claims 10. Has this bank been finally liquidated? Date liquidation was completed If so give: Collections: From liquidation of assets • From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. .. Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment,laxity in collections, lack of enterprise, etc 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 r] Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank .1. Name of bank ST:_TE BANK OF PIMCFPON • 2. Date organized Ju.ne 3. Federal reserve district Town or City PIET/CETON County KOqC117K0 Feb•19,1930 Population of town or city* 1,000 5 191$ Date suspended_ 7th Member or nontnember of F. R. System Ton—Member 4. Number of branches operated: In city of parent bank_ None None Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. No 6. Condition figures, as of (date*) Dec. 31, 1929 Loans and discounts: $ On real estate 27,318.36 224,607.65 Other $ 251,926.01 Total loans and discounts \ Real estate acquired in satisfaction of debts 265.44 (i° 32,4.75.00 Investments 72,572.55 All other resources 357,239.00 Total resources 40,000.00 Capital 16,889.64 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 270,349.36 Tune deposits, including postal savings $ 270,34.9 36 Total deposits Borrowings from F. R. bank 30,000.00 Borrowings from other banks All other liabilities 357,239.00 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • 8. Has this bank been taken over by another bank If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total Ye s 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 No payments 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 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? No If so, state what UcltiaeSzcdt type of agriculture All 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 82 Name of State State bank 0 Trust company O Stock savings bank O INDIANA Mutual savings bank LI Private bank 1. Name of bank • 2. Date organized CITIZENS STATE BANK Nov.18,1889 3. Federal reserve district Town or City / Date suspended 4 11/28 7th iD County TITTIMICKS Population of town or city* 1 500 Member or nonmember of F. R System_ 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 No * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. Non—Manber g 6. Condition figures, as of (date*)r.22,192 —Ex. Loans and discounts: 6o,000.00 On real estate.. Estimted 162,388.65 Other $ 222,388.65 Total loans and discounts None Real estate acquired in satisfaction of debts Investments 31,19.3o All other resources 254,207.95 Total resources 25,000.00 Capital 26,340.78 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 173,764.31 Tune deposits, including postal savings 173,7 . 6l.31 Total deposits Borrowings from F. R. bank 25,000.00 Borrowings from other banks 4,102.86 All other liabilities 2511,207.95 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: Oct.2, 1930. (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Per cent of payments to claims allowed Total payments None idal/W 0 None n N,)ne 173,7611- If larivigigile"—° Secured claims Preferred claims. General claims. ... 115,910 67 n 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 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. .. . . . 11. Causes of suspension: Check in the appropriate column those of the following 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 grxiii4Writot disasters atitiMalltZds, gliTEAMPlibilx4WEVIALVAK X 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 All 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? $21,100.10 After paid. If so, give dates and amounts of all assessmentc Amount undistributed from collections $6,19.3. i FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • _Type of bank reported—check appropriate one of the following C) A National bank Name of State lI State bank LI Trust company LI Stock savings bank INDIANA Ej Mutual savings.bank El Private bank PLYMOUTH STATE BANK 1. Name of bank_ • O Town or City_PLYMUTH eb.3 2. Date organized Apr. 28,1912 Date suspendedF19 190 7th MARSHALL Population of town or city* Non—Member Member or nonmember of F. R. System_ 3. Federal reserve district 4. Number of branches operated: In city of parent bank None Outside city of parent bank** None 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. County No Jan. 6. Condition figures, as of (date*) 9, 1930 Loans and discounts: $ On real estate 208,768.58 495,336.03 Other $ 704,104.61 Total loans and discounts e Real estate acquired in satisfaction of debts 50,710.10 1V ) Investments 11,150.00 All other resources 60,953.91 926,918.62 Total resources 75,000.00 Capital 34,527.74 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 241, 34-7.16 502,483.72 $ 743,830.8g Total deposits Borrowings from F. R. bank Borrowings from other banks 25,000+00 All other liabilities 48,560.00 926,918.62 Total liabilities 7. Has this bank been reopened? No If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. O 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total Yes 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims. ... Preferred claims... General claims.. . - _. .. • one- --:- — 10. Has this bank been finally liquidated? Jt 98,078 61 7,4g9 Total claims.... 653.•g54--- Payments from guaranty fund n -•, No Total payments Per cent of payments to claims allowed -- 25) 4 9 0 - 3 ----- 100 ---- - - - 1-1, 365 98,07g ,„p -ti _._.......... ....... „....................._ . 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 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 assessment. 1-11 1 C, Suits on preferred and general claims pending— Loss to depositors estimated 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 El 60 National bank Name of State DK] State bank Trust company LI Stock savings bank Indiana [1] Mutual savings bank Private bank 1. Name of bank Farrners State Bank Portland Town or CityCounty Feb. 2, 11,1925 2. Date organized June Date suspended 3. Federal reserve district 7 4. Number of branches operated: In city of parent bank 1926 Population of town or city* 600 Non—memb er 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. Jay No January 30, 1926 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ Total loans and discounts 1/47 )450..1P1 . . 7,072.75 Real estate acquired in satisfaction of debts goo.00 Investments 30,271.66 All other resources 185,59)4-.85 Total resources 25,000.00 Capital 14,064.32 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings $ Total deposits 116,880.53 Borrowings from F. R. bank 214,950.00 Borrowings from other banks 1,700 .0O All other liabilities 185,59)4-.85 Total liabilities 7. Has this bank been reopened? No If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 8. Has this bank been taken over by another bank If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation' Yes (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed -44ferel— Secured claims. .. . , Preferred claims 64,000.00 4 qP, 1 i General claims 65% 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 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 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 It is estimated that by an assessment of 2510 on the stock—holders the depositors will be paid 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 '30 LI National bank Name of State E State bank EJ Trust company Stock savings bank INDIANA LI Mutual savings.bank, Li Private bank 1. Name of bank 2. Date organized JAY Conn SAVINGS & TRUSI C,Q• P3 TLAND R i own or City 3/3/1911 3. Federal reserve district Date suspended County / 4/18 193o Population of town or city* Member or nonmember of F. R. System 4. Number of branches operated: In city of parent bank_ Non 3 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 JAY 6,000 Non...member 3/27/1930 6. Condition figures, as of (date*) Loans and discounts: $ On real estate None given Other $ 281,560.40 ) 6<1" Total loans and discounts Real estate acquired in satisfaction of debts Investments 30,697.76 All other resources 30,512.96 3!.2,77l,12 Total resources 25,000.00 Capital 12,450,11 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 137,891.33 152429.63 , $ Total deposits 290,322..01 Borrowings from F. R. bank 15 000.00 , Borrowings from other banks All other liabilities 342,771.12 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 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 Total payments Per cent of payments to claims allowed Secured claims None 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 . Secured claims. . . . Preferred claims General claims. . .. Total claims. .. . Payments from guaranty fund . . r, 11. Causes of suspension: Check in the appropriate column those of the following 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? 1930 Much litigation If so, give dates and amounts of all assessments no estimate as to results. • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following Ei 101 National bank Name of State E State bank O Trust company O Stock savings bank O Mutual savings bank O Private bank 1. Name of bank Raub State Bank 2. D ate organized 3-7-11 3. Federal reserve district Date suspended 7 Town or City Raub 11-22-7 0 Population of town or city* Benton 258 Member or nonmember of F R Systeth 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 6. Condition figures, as of (date*) 9 4 ) -2 -7 Loans and discounts: On real estate Other $ Total loans and discounts 62,307.28 6,67) 4.32 Real estate acquired in satisfaction of debts \) Investments 26,389.28 All other resources 95,370.88 Total resources 25,000.00 Capital 2,700.00 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 394215.32 Tune deposits, including postal savings 15,405.56 $ Total deposits 54,620.88 Borrowings from F. R. bank Borrowings from other banks 5,000.00 All other liabilities 8,050.00 95_,370.88 Total liabilities 7. Ilas this bank been reopened? 110 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? 1To 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. . .. ____ Total claims. . No distribution If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims... General claims Total claims. .. . Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Decline in real estate values 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) 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 pg 51 Name of State State bank O Trust company O Stock savings bank O INDI NA Mutual savings bank O Private bank 1. Name of bank_13 OF REDKEY 11,1895 2. Date organized Nov. 3. Federal reserve district Town or City RT.-.L'DKEY Date suspended July 14, 1923Population of town or city* 7th JAY 2,000 Member or nonmember of F. R System_Yon—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 June 30, 1923 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ 317,29/1.61 Total loans and discounts 12,817.0g Real estate acquired in satisfaction of debts 2,600.00 Investments 51,245.87 All other resources 383,957.56 Total resources 113,000.00 Capital 10,750.00 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 124,642.94 14-3,022.53 $ 267,665.4-7 Total deposits Borrowings from F. R. bank 55,4-00.00 Borrowings from other banks 7,142.09 All other liabilities 383,957.56 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. All 8. Has this bank been taken over by another bank? NO If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed _ Secured claims.... Preferred claims... . 201,4g3.00 General claims. ... V--;t_I 1 1 ti 04 75% Total claims. ... 10. Has this bank been finally liquidated? No If so give: Date liquidation was completed Collections: From liquidation of assets 4 .3,000.00 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 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 Some uncollected assets may pay depositors in full /0 1001 - u-tro FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 t State bank [1] Trust company Eli Stock savings bank El IITD IANA Mutual savings bank El Private bank • 1. Name of bank TERS ST ATE BANK REDKEY County Aug.,19225 Feb.18,1914 Date suspended 2. Date organized 3. Federal reserve district Town or City Population of town or city* 7th 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 JAY 2,000 Non—Member June 22, 1923 6. Condition figures, as of (date*) Loans and discounts: On real estate Other Total loans and discounts $ Real estate acquired in satisfaction of debts 179 302.22 , 13,986.68 r\ Investments 4-2,891.73 All other resources 236,180.63 . Total resources 35,000.00 Capital 5,000.00 Surplus and undivided profits • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 73.'374.92 124, 274.62 197, 649.54 Total deposits Borrowings from F. R. bank Borrowings from other banks 3,031.09 All other liabilities 236,180.63 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. • o 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: 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. . Preferred claims General claims. .. . Total claims. . .. 194,68b.00 Ii7 (1)61 1 94% . 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets 35,000.00 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 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 1000 — 'r(rt) FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 127 El National bank Name of State LI State bank E] Trust company Stock savings bank LI Mutual savings bank INDIA.NA 0 Private bank 1. Name of bank 2. Date organized I Trust and Sriv- r 6-16-06 3. Federal reserve district Town or City Date suspended ' 0 12 16-3 7 Rensselaer 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 Jasper 2,781 No . 30 6. Condition figures, as of (date*) Loans and discounts: On real estate Other .46 $ 585,422 Total loans and discounts 47,700.00 Real estate acquired in satisfaction of debts \?? 16,128.78 Investments All other resources 723,819.11 Total resources 100,000.00 Capital.... 32,9)12.10 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 284,259.)!2 Time deposits, including postal savings 205,451.31 $ 489,610.73 Total deposits Borrowings from F. R. bank 100,000.00 Borrowings from other banks 1,266.28 All other liabilities 723,819.11 Total liabilities has this bank been reopened' 7.1 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. 41/ 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 9. Is this bank still in process of liquidation? If so give payments to date: Yes (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 No distribution If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund , Secured claims Preferred claims... General claims. . . . Total claims. . . . 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause 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 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 9r IL Qfii National bank Name of State 0 State bank Dr] Trust company O Stock savings bank O Mutual savings bank IFaiIA.1:A. • Private bank 1. Name of bank American Trust and Savings BkPown or City 2. Date organized 1-26-15 3. Federal reserve district Date suspended 12-18-30 7 4. Number of branches operated: In city of parent bank Richmond Population of town or city* 'Wayne '561 32, Member or nonmember of F. R. System_Non-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 9-24-30 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 93,495.63 391,511.24 Other $ 14 85/006.87 Total loans and discounts 0\ \ 17,732./40 ) Real estate acquired in satisfaction of debts Investments 213,967.46 All other resources 636,101.65 1,352,888.38 Total resources 100,000.00 Capital Surplus and undivided profits 86,267.30 Deposits: $ Due to banks** 16,1489.97 Demand deposits, including U. S. Govt. deposits 349,910.34 Time deposits, including postal savings 1117,703.67 $ Total deposits 514,111.98 Borrowings from F. R. bank 67,000.00 Borrowings from other banks 505,509.02 All other liabilities 1,352,880.38 Total liabilities 7. IIas this bank been reopened? O If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' cheeks, 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 Secured claims Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed , Preferred claims... General claims Total claims . No di stribution 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 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) 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 I FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 " Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following O 117 National bank Name of State [1] State bank LI Trust company O Stock savings bank 0 Mutual savings. bank INDIANA • Private bank 1. Name of • 2. Date organized CITI7ENS STATE BANK 3/31/1910 Date suspended 3. Federal reserve district 7 Town or City 3/7/3 ROYAL CENTRE 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 No SASS 1000 Non—member 12/31/29 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 39,720.55 140 Other 116.97 179,83762 Total loans and discounts 21,900.00 Real estate acquired in satisfaction of debts \' 6 Investments 33,755.22 All other resources 235 eh-92.74. Total resources Capital 25,000.00 Surplus and undivided profits 10,981.83 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 81,829.47 117,681./4 $ Total deposits 199,510,91 Borrowings from F. R. bank Borrowings from other banks All other liabilities 235,492.74_ Total liabilities Has 7. H 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? 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 Secured claims Preferred claims 5oL000 199,510 General claims 25 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 and agricultural products 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 • Jimmy 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 May repay some of the assessment 100% 'Ty ,, itro FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by-supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 92 National bank Name of State OS State bank •A LI LI LI LI Trust company Stock savings bank INDIANA Mutual savings bank Private bank 1. Name of bank STATE BANK Oct.15,1924 • 2. Date organized gth 3. Federal reserve district SH. MBURN Town or City County Date suspended Jan.16,1929 Population of town or city* 2,000 Ton Member or nonmember of F. R System_ -ember 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. SULLIVAN /TO Oct.27, 1928 6. Condition figures, as of (date*) Loans and discounts: 37,965.00 On real estate 233,484.31 Other $ 271,449.31 Total loans and discounts 10,o46.61 Real estate acquired in satisfaction of debts ''()\ 9,940.00 Investments 100,728.71 All other resources 392,164.63 Total resources 25,000.00 Capital 15,854.53 Surplus and undivided profits Deposits: $ 2 201 72 , . Due to banks** Demand deposits, including U. S. Govt. deposits 126,889.05 145,987.51 Time deposits, including postal savings $ Total deposits 275 078.28 Borrowings from F. R. bank 53,991.00 Borrowings from other banks 22,240.82 All other liabilities 392,164.63 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. :To If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 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 ) (i... 275,O7 General claims -..., Total claims 10. Has this bank been finally liquidated? No Date liquidation was completed ,. :-_ .- -., -• sat; 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 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 Very little recovery If so, give dates and amounts of all assessmentc 10 10 (” FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following El National bank Name of State El State bank El Trust company [1] Stock savings bank \ Indiana LI Mutual savings bank 0 Private bank 1. Name of bank Sidney S Bank t Town or City Sidney County Sept.16,1927 July 2, 1907 • Date suspended Population of town or city* 2. Date organized 3. Federal reserve district 7 100 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. Kosciusko No 6. Condition figures, as of (date*) S.,Ttember 12, 1927 Loans and discounts: 13,400.00 On real estate 103,482.41 Other $ Total loans and discounts 116,882.41 4 ,„ 875.00 Real estate acquired in satisfaction of debts Investments 7,577.51 All other resources Total resources 129,334.92 25,000.00 Capital 1,700.00 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 44,433.01 Time deposits, including postal savings 26,829.02 $ Total deposits 71,262.03 Borrowings from F. R. bank 31,000.00 Borrowings from other banks 372.89 All other liabilities 129,33/4-.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. 41) 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 Secured Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Preferred claims -1:29K— General claims 62265 . - 0, i9 64' '15/' 1174 , 110% 410/ 0 2530g.47 Total claims 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. . Total claims. Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. ,Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? 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 Receiver thinks he has enough assets to pay the deposits without an assessment but is unable to determine that question at present FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING *BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by suptrvisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks susVended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 [3] State bank O Trust company . O Stock savings bank O O INDIANA Mutual savings bank Privp.te bank 1. Name of bank_ Fodor State Bank 2. Date organized 1/7/21 3. Federal reserve district Town or City / 5/1928 Date suspended 2 2 7 South Bend County staoseph Population of town or city* 95,000 Member or nonmember of F. R. System_ Non-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. No 2/11/28 6. Condition figures, as of (date*) Loans and discounts: On real estate 41,731.55 Other 25,226.32 66,957.87 Total loans and discounts 3,514.89 Real estate acquired in satisfaction of debts c/\ 21212.80 Investments 34,094.90 All other resources 106:780.46 Total resources 2 5,000.00 Capital 881.14 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 75,747.12 Time deposits, including postal savings $ Total deposits 75,747.12 Borrowings from F. R. bank Borrowings from other banks 4s000.00 All other liabilities 1.3.52.20 106,780.46 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. 41111fr- 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? Yes If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims. .. . Payments from guaranty fund Lo.eo Total payments I Per cent of payments to claims allowed 2Aucacira.-- None Preferred claims 11,362 75,747 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 colleetiOns, 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? Never did any good. 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 4 `f ACN !‘) O National bank Name of State 0 State bank El Trust company El Stock savings bank O INDI ANA Mutual savings bank O Private bank • 1. Name of bank 73AMIN TRUST CO. Town or City SOUTH BD 2. Date organized July 15,1925 Date suspended C)c t• 4929 7th . ST JCSEPH Population of town or city* 95,000 Non—Member Member or nonmember of F. R. System__ 3. Federal reserve district 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 No * Latest census 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 Aug. 214-, 1929 6. Condition figures, as of (date*) Loans and discounts: 130,773.g6 On real estate 116,735.24 Other 24-7,509.10 Total loans and discounts Real estate acquired in satisfaction of debts '1' 7,408.69 Investments 32,882.26 All other resources 2g7.g06.05 Total resources 100,000.00 Capital • Surplus and undivided profits Deposits: $ Due to banks** 1,725.03 140,574.75 Demand deposits, including U. S. Govt. deposits 39,210. Time deposits, including postal savings $181,510.26 Total deposits Borrowings from F. R. bank 4,059.41 Borrowings from other banks 2,236.3g All other liabilities 287,806.05 Total liabilities 7. Has this bank been reopened? ) -71,4 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. Io 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total Yes 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. . . Preferred claims. General claims.. . 1,,,;....---_.... fliiik: 0 io8,906.00 6o% 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 Very 1itt le 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) ').1)ecula.tion Other causes, (specify) 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? Ye s If so, 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 3( 0 National bank Name of State El State bank • Trust company El Stock savings bank INDIANA 0 Mutual savings bank O Private bank 1. Name of bank River Park State Bank • 2. Date organized 12-20-22 3. Federal reserve district Town or City South Bend. -7-27""30 Date suspended 7 7 4. Number of branches operated: In city of parent bank County St• Joseph Population of town or city* Member or nonmember of F. R. System_ 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. 86,100 No No 6. Condition figures, as of (date*) 3-14-30 Loans and discounts: On real estate 66,290.89 Other 69,712.26 $ Total loans and discounts 136,003.15 Real estate acquired in satisfaction of debts Investments 14,loo.00 All other resources 6o,932.86 211,036.01 Total resources Capital 50,000.00 Surplus and undivided profits 11,125.00 Deposits: 1,24-1.34 Due to banks** Demand deposits, including U. S. Govt. deposits 50,336.81 Time deposits, including postal savings 54,371.08 $ Total deposits 105,94-9.23 Borrowings from F. R. bank Borrowings from other banks 25,500.00 All other liabilities 18,461.78 211,036.01 Total liabilities 7. Has this bank been reopened? Date of reopening Yes If so give: 5-26-30 Name under which reopened Loss to depositors on: Sam Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • S. Has this bank been taken over by another bank If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation' If so give payments to date: (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed claims Preferred claims.. . General claims. .. . Total claims 10. Has this bank been finally liquidated' If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. .. . Dividends paid from collections Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc 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 14" [j] National bank E LI LI LI LI Name of State State bank Trust company Stock savings bank INDIANA Mutual savings bank Private bank 1. Name of bank • 2. D ate organized PEOPLES STATE BANK 3/21/1919 ' 3. Federal reserve district Date suspended Town or City SOUTH BEND 10/7/1930 7 4. Number of branches operated: In city of parent bank Population of town or city* Member or nonmember of F. R. System None Outside city of parent bank** 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. ALL ALIEN No 95,000 Non—member 6/30/1930 6. Condition figures, as of (date*) Loans and discounts: On real estate 477,458.86 Other 316,753.99 $ Total loans and discounts 794,212.85 A6 Real estate acquired in satisfaction of debts 12,930 .111- Investments 350,647.68 All other resources 213,611.5.91 1,371,436.58 Total resources 50,000.00 Capital 32,021.17 Surplus and undivided profits • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 1,159,558.79 34,856.62 $ 1,194,415.41 Total deposits Borrowings from F. R. bank 95, 00•00 0 Borrowings from other banks All other liabilities 1,371,436,58 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. 411° NO b. 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 Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments • to claims allowed Total payments Per cent of payments to claims allowed claims Preferred claims _ No pa,yrne ts 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) Frozen City Real Estate Loans 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 If the present plan of reorganization succeeds the depositors will be paid 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 sus,pendpd on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 pg State bank• 142 Name of State O Trust company O Stock savings Walk O IANA Mutual savings bank O Private bank 1. Name of bank • 2. Date organized TOTH STATE BANK 11./20/1921 Town or City OUrri BFAID / Date suspended__ V11 1930 Population of town or city* Member or nonmember of F. R. System 3. Federal reserve district 4. Number of branches operated: In city of parent bank ALLEN County 95,000 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. No 3/27/3o 6. Condition figures, as of (date*) Loans and discounts: On real estate 243,266.92 Other 188,776.03 432 042 95 . Total loans and discounts 18,996.79 Real estate acquired in satisfaction of debts L,5 oo..oo Investments 94,962.29 All other resources 547,502.03 Total resources 100,000.00 Capital 21,976.01 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 405,526.02 Time deposits, including postal savings $ Total deposits 4_05,526.02 Borrowings from F. R. bank 20,000.00 Borrowings from other banks All other liabilities 547,502.03 Total liabilities 7. I I as 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 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 payments fret Preferred claims General claims 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 • 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 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? Yes If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING - BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following El National bank Name of State State bank O Trust company O Stock savings batik O INDIAN A Mutual savings bank O Private bank EXCHANGE BANK 1. Name.of bank_ • June 2. Date organized 7,1g75 Town or City SPEN CER County June 17,1929 Date suspended L__ Population of town or city* 7th 3. Federal reserve district Member or nonmember of F R System 4. Number of branches operated: In city of parent bank_ 2,500 Non—Membe r 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 No * Latest census 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*) June 3 1929 , Loans and discounts: 74,369.40 On real estate 20g,699.9g Other $ Total loans and discounts 283,069.38 \12,104-.12 Real estate acquired in satisfaction of debts 2I-,250. Investments 85,253.14- All other resources ) 4°6,565.27 Total resources 5Z, Capital 9. Surplus and undivided profits Deposits: Due to banks** $ 256,289.45 Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings $ Total deposits 2R6 289.115 Borrowings from F. R. bank 51,500.00 Borrowings from other banks qg,T7 All other liabilities 4-06,565.27 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Secured claims Preferred claims General claims Amount of loss U / (iinate d • at . 4 Per cent of loss to claims s on the dollar Total * Condition items should be as of date of suspension, if possible, 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, • .., 4 1, Ythatlyr -1'11111: , //1111.117.41 ( • • 11 , "I(3 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: Oct•2, 1930 (Amounts in dollars) • Claims allowed Dividends paid from collections Borrowed morey Secured claims. . .. Payments from guaranty fund .5iii0D00001— Total payments Per cent of payments to claims allowed , -56000030 ,— •--;1420(4(;-, Preferred claims , 34,969.70 -6, /7'6 P 3 General claims 204, Total claims 10. Has this bank been finally liquidated? IT° Date liquidation was completed If so give: Collections: 106,668.32 From liquidation of assets • From assessments on shareholders Other collections (explain) 106,668.32 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. Cash on hand 10,240.00 Loss to depositors estimated at 50% 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) .Publishers..of.Farm.Life X Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry 1To or agriculture? If so, state what industry or type of agriculture General farming 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? Yes If so, give dates and amounts of all assessments Assessment levied by the receiver, recovery will be small • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following O National bank Name of State O State bank • Trust company O Stock savings bank O INDIANA Mutual savings bank O Private bank 1. Name of bank 2. Date organized CITIZENS TRUST COMPANY : 10/3/1903 3. Federal reserve district Date suspended Town or City 2 21/1928 / 8 SULLIVAN 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 SULLIVAN NO 60Q0 Non—me mbe r 2/17/28 6. Condition figures, as of (date*) Loans and discounts: On real estate 117.676.17 Other 168.253.23 $ Total loans and discounts 285.929.40 ,),\ 2,400.00 Real estate acquired in satisfaction of debts (4 \ ' Investments 7,530.00 90 482.90 , All other resources 386.342.30 Total resources 50, .00 000 Capital 9400.00 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 106.734.24 182.971.88 $ 289.706.12 Total deposits Borrowings from F. R. bank Borrowings from other banks 15,000.00 All other liabilities 23.736.18 386.342.30 Total liabilities 7. Has this bank been reopened? NO If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • NO 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total Ye* 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) • Dividends paid from collections Claims allowed General claims. . . Total claims.. ... Per cent of payments to claims allowed Total payments — Secured claims. ... Preferred claims... Payments from guaranty fund 44.37.6. ,,,, t••••••-•-• , own.. _:.,, .,.., .., ., • 289.106 • . • 65041.29 vtel* P0e— 12, Lf .. 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) Dividends paid from collections Claims allowed Secured claims Preferred claims General claims Total claims Payments from guaranty fund • . ' • Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or 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) Disappearance of president 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? Speculation in 011 stock in 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 assessments The receiver estimates that there will be a 50% loss to depositors, all suits terminate favorable to him the loss will be around 25%. *60 100% 1 If (ctit) FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following 1:11 National bank Name of State Ej State bank Trust company LI 111 Stock savings bank INDIANA Mutual savings bank [1] Private bank Tippecanoe State Bank 1. Name of bank__ • 3. Federal reserve district County Marshall 7-8-22 4-18 —17 2. Date organized Town or City Tippecanoe Date suspended 7 250 Population of town or city* Member or nonmember of F. R System__ No 4. Number of branches operated: In city of parent bank None Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. No July 13, 1922 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ Total loans and discounts 58,906.47 Real estate acquired in satisfaction of debts 9 Investments 19,0314-.51 All other resources 77,940.98 Total resources 25,000.00 Capital 775.00 Surplus and undivided profits • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 18,978.19 Tune deposits, including postal savings 10,076.60 $ Total deposits 29,054-.79 Borrowings from F. R. bank Borrowings from other banks 23,111.19 All other liabilities 77,940.98 Total liabilities 7. Has this bank been reopened? Date of reopening Yes If so give: 7-13-22 Name under which reopened Same Amount of loss Loss to depositors on: 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. 1111/1 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? (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 Public Funds Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Over—loaned 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 411 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently supenisory authorities or by the bank's board of directors on account of financial difficulties. This by form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • Type of bank reported—check appropriate one of the following fl National bank E State bank Name of State Trust company • Stock savings Vank El INDIANA Mutual savings. bank„ • Private bank 1. Name of bank FARMERS STATE BANK • 2. D ate organized 69 / /20 Date suspended Town or City 2/26/30 TYNER Population of town or city* 250 Non-member Member or nonmember of F. R. System__ 3. Federal reserve district 4. Number of branches operated: In city of parent bank Outside city of parent bank** None None 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. County MAR3HAI No loss No 12/31 2 /9 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 20,069.30 1 23, 11.79,24. Other $ Total loans and discounts 143,548.54 9,55.45 7 Real estate acquired in satisfaction of debts \-\* '\ 100.00 Investments 22,941.99 All other resources 176.347.98 Total resources Capital 25,000.00 Surplus and undivided profits 10,141.75 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 60,629.20 Tune deposits, including postal savings 73,4.30.32 $ Total deposits 134,059.52 Borrowings from F. R. bank 7,000.00 Borrowings from other banks 146.71 All other liabilities 176.347.08 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. 410 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 Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims No Preferred claims... 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 Dividends paid from collections Secured claims Preferred claims General claims Total claims. . .. Payments from guaranty fund 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Not enough business to operate profitably. depositors. Voluntarily closed--will pay their Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state vitimiximinsixy.mx type of agriculture All What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1917 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 Zi11 Day 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 M 129 State bank Name of State O Trust company O Stock savings bank O Mutual savings bank INDIANA O Private bank 1. Name of bank 2. D ate organized Union Loan and Trust Co. L1.-1-09 3. Federal reserve district Date suspended Town or City 1243-30 7 Union City Population of town or city* Randolph 3,083 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 116,101.71 Other 2146,612.52 $ 362,914.23 (--[\ ' 37,567.52 Total loans and discounts Real estate acquired in satisfaction of debts 13,690.8/4. Investments 137,295.96 All other resources 551,468.55 Total resources Capital 50,000.00 Surplus and undivided profits 11,009.25 • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 21.6,879.(,9 Tune deposits, including postal savings 185,391.61 $ Total deposits 402,261.30 Borrowings from F. R. bank Borrowings from other banks 15,000.00 All other liabilities 73,198.00 551,468.55 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' 10 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: // (Aqiounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed claims Preferred claims General claims. Total claims. Total No diatribution 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 O National bank Name of State State bank 44 O Trust company . O Stock savings bank O IND IANA Mutual savings bank O Private bank 1. Name 'of bank STATE BANK OF UNIONDALE Town or City UNIONDALE County Feb 43,1929 2. Date organized July 21, 1917Date suspended Population of town or city* 3. Federal reserve district ith .1ember 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 WELLS 250 Non—ember 6. Condition figures, as of (date*) Dec. 31, 192g Loans and discounts: $ '1.7,212.16 On real estate 207,61.35 Other $ 255,073.53. Total loans and discounts 14,400.00 Real estate acquired in satisfaction of debts 300 00 . Investments 13,054.33 All other resources Total resources Capital 25,000.00 Surplus and undivided profits 14,464.80 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 197,513.04 Time deposits, including postal savings 197,513.011 ' Total deposits Borrowings from F. R. bank 45,4-00.00 Borrowings from other banks 41.50.00 All other liabilities 282,827.84 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. 411 Yes 8. Has this bank been taken over by another bank? If so give: BA.r.i.OF UTTIONDALE Name of bank by which taken over Date taken over Private bank 3-1-.1929 Loss to depositors on: None Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total No 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims... Preferred claims General claims . Total claims 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. _Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc X • Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Lack of business Other causes, (specify) 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? No If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently ky supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. . Type of bank reported—check appropriate one of the following 128 ▪ National bank Name of State • State bank Li Trust company 1=1 Stock savings batik INDIANA 11] Mutual savings bank Li Private bank 1. Name of bank 2. Date organized FARMERS STATE BANK / 2/13 1912 Date suspended Town or City VEEDERZBURG V18/30 County Population of town or city* 3,000 Member or nonmember of F. R. System_ Non"Inember 3. Federal reserve district 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. FOUNTAIN No V27/30 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 119.573.90 Total loans and discounts q, 6,915.81 \r4 81494.18 Real estate acquired in satisfaction of debts Investments 25,617.76 All other resources 160,601.65 Total resources 25, 000,00 Capital 9,923.811 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits 513.76 120 164 05 ,. Tune deposits, including postal savings $ Total deposits 120,677,81 Borrowings from F. R. bank 5,000.00 Borrowings from other banks All other liabilities 160,601.65 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 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. 111, 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... 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 11. Causes of suspension: Check in the appropriate column those of the following 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 I'llig1)9( 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 assessmentc Will pay a dividend to 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 SG 0 National bank Name of State El State bank 1g Trust company Ei Stock savings bank 111 Mutual savings bank 0 Private bank 1. Name of ban • 2. Date organized M DIANA KNOX—HARRISON BANK 8c TRUST COrown or City 3/12/1926 Date suspended 541 / / 92g VIN CENNES Population of town or city* Kaox 20,000 Member or nonmember of F R System Non—membe r 3. Federal reserve district 4. Number of branches operated: In city of parent bank None Outside city of parent bank** None 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. County No 6. Condition figures, as of (date*) 100/1928 Loans and discounts: On real estate Other• 652, .91 11-g7 Total loans and discounts % Real estate acquired in satisfaction of debts 089•18 52,830.00 Investments 212,509.93 All other resources 961.417.02 Total resources 100,000.01 Capital • None Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2,706.75 515,906.22 139,29. 657,902.40 Total deposits Borrowings from F. R. bank 167,673.00 Borrowings from other banks 35,844.62 All other liabilities 961.417.02 Total liabilities 7. Has this bank been reopened? No If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. • No 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 Secured claims Preferred claims 82,500 825,000 General claims 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 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 Yes bank suspended? If so, give dates and amounts of all assessmentc 130% Unable to tell at this time what will be realized from assessment and assets estimated payment of 4.0%. /e_or FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 [2; State bank 54 El Trust company El Stock savings bank O INDIANA ' Mutual savings bank O Private bank 1. Name of bank • 2. Date organized North Side State Bank Sept.7,192 1 Date suspended Town orf3" Aug. 21,1924 County Population of town or city* ;I:nox 21,000 8th Member or nonmember of F R. System Non—Member 3. Federal reserve district 4. Number of branches operated: In city of parent bank None None Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. No 6. Condition figures, as of (date*) Dec. 29, 1922 Loans and discounts: On real estate Other 1 Total loans and discounts $ 87,177.27 9-76 Real estate acquired in satisfaction of debts • 4,776.89 Investments 42,058.29 .1 7, 7,5-0 All other resources 134,012.45 Total resources 20 500 00 , . Ciro Capital Surplus and undivided profits Deposits: Due to banks** 1,8g1.62 $ Demand deposits, including U. S. Govt. deposits 69,013.49 Tune deposits, including postal savings 5(3, 32-o Total deposits 895.11 $ 70, Borrowings from F. R. bank 27,500.00 Borrowings from other banks 37,760 All other liabilities 1 5,117 34 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. CAPITAL & SURPLUS $ 250,000 iii FIRST NATIONAL BANK ESTAE3LISHF_D c3. E. L A PLANTE, PRESIDENT R. J .CRACKEL, VIC.C-PRE5IDE NI 1871 Fl. N. RELLER, CASHIUR W0001E KENNEDY, kit,r- TANI CAHiIFI , VINCENNES,IND. September 15, 1930. Luther F. Symons, Bank Commissioner, Room 241 State House, Indianapolis, Indiana. Dear Sir: In reply to your letter of September 6th. Preferred Claims paid on account of the irorth Side State Bank - amounted to 4997.12, while ';;48,631.11 ; was paid on General Claims, which is 40/ of the claims outstanding. It is possible that one or two per cent additional ma: be paid eventually, but for the present at least depositors have sustained a 60 loss. , Very truly yours, RECEIVER, 1:011TTE SIDE STATE . ia'lante. _ d 8. Has this bank been taken over by another bank? 1:0 If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 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. .. 35,250.00 ° -0-6 .7 .6 / 50 . 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 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? 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 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 0 National bank 72 Name of State 0 State bank Trust company 0 Stock savings bank INDIANA 0 Mutual savings hank El Private bank 1. Name of bank 2. Date organized Citizens Savings & Trust Co. Town or City Apr.19,1913 3. Federal reserve district Wabash 1 7abash . Date suspended Oct.15,1927 Population of town or city* 10,000 7th 4. Number of branches operated: In city of parent bank Member or nonmember of F. R. System Non—member 1:one 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 Oct. 10,1927 6. Condition figures, as of (date*) Loans and discounts: 139,146.82 On real estate 214-6,456.24 Other $ 385,603.06 Total loans and discounts C.\\O Real estate acquired in satisfaction of debts 10,11-77.43 Investments 156,187.31 All other resources 552,267.g0 Total resources 50,000.00 Capital 29,783.27 Surplus and undivided profits • Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 173,006.48 Tune deposits, including postal savings 244,308.32 $ 417,314.80 Total deposits Borrowings from F. R. bank 33,500.00 Borrowings from other banks 21,669.73 All other liabilities 552,267.80 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. • o 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: 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 Secured claims Preferred claims 41j7 3 l't. General claims 417,314.8o nolo , 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) about 7,000.00 Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured Payments from guaranty fund Dividends paid from collections claims , Preferred claims.. General claims Total claims. . Total payments • Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation • Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify).. 1.4c1c of confidence , 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 e c. bank suspended? Y The roe elver has If so, give dates and amounts of all assessments 100:$ 50 0171 / d. the depositors 90*:0 and has yf-f-ibient assets to pay depositors in full if only a s favorable to the institution. art o. --the litigation terminates FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING - BANK SUSPENSIONS SINCE JANUARY 1, 1921 " Report on a separate schedule each bank closed to the public either temporarily or permanently ky supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. • • Ili Type of bank reported—check appropriate one of the following 118 National bank Name of State E State bank E Trust company [:] Stock savings bank' ri Mutual savings bank INDR NA El Private bank 1. Name of bank • 2. Date organized FARMER'S STATE BANK 10/20/1915 Date suspended Town or City 2/27/30 3. .Federal reserve district WALKERTON Population of town or city* 1005 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 ST.JOSEPH No loss No Non-member 3 27/30 / 6. Condition figures, as of (date*) Loans and discounts: On real estate 50,051.16 Other 73,957.49 124,008.65 Total loans and discounts 4,496.15 Real estate acquired in satisfaction of debts (\-') 1,9°6.16 Investments 24,465.34 All other resources 154,876.30 Total resources Capital 25,000.00 Surplus and undivided profits 11,792.18 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 113,155.09 Time deposits, including postal savings 113,155.09 Total deposits Borrowings from F. R. bank Borrowings from other banks 2,721.28 All other liabilities 2,207.75 154,876.30 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 Ifso 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 Secured claims Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed . Preferred claims No payment as yet • General claims 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 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? No 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? 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 Depositors will be paid in full, stockholders may get 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 13" El National bank Name of State 22 State bank EJ Trust company E] Stock savings bank E] Mutual savings bank El Private bank 1. Name of bank • 2. Date organized Central State Bank 1-17-17 3. Federal reserve district Date suspended Whiting Town or City 12-19-30 7 Lak Population of town or city* 10,755 Member or nonmember of F. R. System Non-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 9-2h-30 6. Condition figures, as of (date*) Loans and discounts: On real estate 167,881.314 Other 400,227.53 $ 568,108.87 Total loans and discounts 19,925.00 Real estate acquired in satisfaction of debts P, 033 .6)4 Investments 50,630.80 All other resources 880,703.31 Total resources 100,000.00 Capital 54,811.64 Surplus and undivided profits Deposits: $ Due to banks** 6,390.60 Demand deposits, including U. S. Govt. deposits 173,977.89 Tune deposits, including postal savings /449,02/4.18 $ 629,391.67 Total deposits Borrowings from F. R. bank 96,000.00 Borrowings from other banks 500.00 All other liabilities 380,703.31 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 Total * Condition items should be as of date of suspension, if possible, 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: 9. Is this bank still in process of liquidation? ounts in dollars) Claims allowed Secured claims 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 , Preferred claims General claims _ Total claims Sti1I Pending: %.•••• .....•••••••••••, 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 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) 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 80 [1] National bank Name of State State bank LI Trust company 111 Stock savings bank INDIANA E] Mutual savings bank Private bank TARREIi COUNTY BAliK Town or City WILLI441/EPORT 1. Name of bank S 2. D ate organized 1-3-89 Date suspended 1-16-28 County WARREN Population of town or city* h 3. Federal reserve district No Member or nonmember of F. R. System__ 4. Number of branches operated: In city of parent bank Outside city of parent bank** 1:0 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. 1,088 Ja . 17, 1928 6. Condition figures, as of (date*) Loans and discounts: On real estate Other Total loans and discounts $ 319,021,03 33,802.39 Real estate acquired in satisfaction of debts 6,950.12 Investments 78,700.13 All other resources 43 ,473.72 8 Total resources Capital 50,000.00 Surplus and undivided profits • 12,O1Jt. 50 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 283,174.82 Total deposits Borrowings from F. R. bank 87,28)440 Borrowings from other banks 6,000.00 All other liabilities )173.72 )4381 Total liabilities 7. IIas this bank been reopened? ico 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 Les 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 'ectired 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 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 I=1 n 32 National bank State bank Name of State [i] Trust company El Stock savings bank El Mutual savings bank INDIANA El Private bank 1. Name of bank The Farmers & liercha.nts Bank Town or City • 2. Date organized L. --l878 3. Federal reserve district Date suspended 12-8-30 7 Winchester Population of town or city* ) Member or nonmember of F. R System_Ncrq--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. Randolph County 9 14-30 -2 6. Condition figures, as of (date*) Loans and discounts: On real estate 256,22/4.21 Other 312,220.614 560,L14/4 85 . Total loans and discounts 18,905.99 Real estate acquired in satisfaction of debts sf, Investments 12,6148.99 All other resources 85,57.96 685,557.79 Total resources 50,000.00 Capital /42,703.58 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 325,173./48 Time deposits, including postal savings 166,107.55 $ /491,281.03 Total deposits Borrowings from F. R. bank Borrowings from other banks 81,000.00 All other liabilities 20,573.18 68525_57.79 Total liabilities 7. Has this bank been reopened? Date of reopening Yes If so give: 1-21-31 Name under which reopened "Pnrriers Loss to depositors on: Iler chants Bank" ( A 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. 411 If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed claims Preferred clai : cl.° Gene Total lai• No lo .s to . ositors 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 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 I3ANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other .insti4itions. In case a bank 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 LI State bank O Trust company, 0 Stock savings bank INDIANA 0 Mutual savings'bank • Priyate bank • CITIZENS STATE BANK 1. Name of bank_ 2. Date organized 5/15/1911 Date suspended 3. Federal reserve district Town or City 2/15/28 WOLCOTT Population of town or city* Member or nonmember of F R. System 4. Number of branches operated: In city of parent bank None Outside city of parent bank** None 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. County No loss No V;HITE 1, 000 Non-member February 1926 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 64,237.61 3.03,271.36 Other Total loans and discounts 167,508.97 12,313.29 Real estate acquired in satisfaction of debts Investments . 219944 06 All other resources 201,766.32 Total resources 25,000.00 Capital 22,274.99 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 89,533.27 Time deposits, including postal savings 4/1681 28 ,. $ Total deposits 134,214-.55 Borrowings from F. R. bank 19,816.05 Borrowings from other banks 460.73 All other liabilities 201,766.32 Total liabilities 7. Has this bank been reopened? Yes Date of reopening 2/28/28 Name under which reopened Loss to depositors on: If so give: peoples State Bank Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims None Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. *• Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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: None Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed ..-•-•...---- Secured claims... - Preferred claims General claims 134,214.55 • Total claims loc5 If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc • Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments Voluntary contribution of $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 Li National bank to State bank Name of State E] Trust company E] Stock savings bank LI Mutual savings bank LI Private bank INDIANA 1. Name of bank State Bank of Wolcott • 2. Date organized - 3 17 0)4 3. Federal reserve district Town or City Date suspended 12-23-30 7 Wolcott Population of town or city* White 747 Member or nonmember of F. R. System__Non-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 -2 -3 9 4 0 6. Condition figures, as of (date*) Loans and discounts: $ On real estate 38,156.68 204,373.54 Other Total loans and discounts $ 243.530.22 35,000.00 Real estate acquired in satisfaction of debts Investments 22,649.73 All other resources 300,179.95 Total resources r0 Capital 000•00 7,613.10 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 112,849.86 99,716.99 Total deposits $ 212,566.85 Borrowings from F. R. bank 30,000.00 Borrowings from other banks All other liabilities 300.119.95 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 Secured claims Per cent of loss to 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. Total claims. .. No distribution 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: 10 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 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 an -7 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 4 O EI 0 O 155 National bank Name of State State bank Trust company Stock savings bank O O INDIANA Mutual savings bank Private bank 1. Name of bank Yoder State Bank Town or City Yoder • 2. Date organized truly 1991910 Date suspended 8-111-.24 3. Federal reserve district 7th County Alien 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 1058 1To 65 Non-Me rab or 6. Condition figures, as of (date*) Dec. 31, 1924 Loans and discounts: On real estate Other $ Total loans and discounts 31,987./11 37,068.79 Real estate acquired in satisfaction of debts Investments 7,889.14 All other resources 76,945.34 Total resources 2,000.00 Capital 3 750.00 , Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Tune deposits, including postal savings 7,722.25 40, 73.09 14$ Total deposits 48,195.34 Borrowings from F. R. bank Borrowings from other banks All other liabilities 76,945.3 11 Total liabilities 7. has this bank been reopened?- If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. S. Has this bank been taken over by another bank? 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: 9. Is this bank still in process of liquidation? (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims. .. . Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed ...441 J .5 -.C) o i' 7 , Preferred claims... General claims • Total claims Yes 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 • All claims ...-f i ri f" aid in full. 11. Causes of suspension: Check in the appropriate column those of the following 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) rot enough business to operate X profitably. 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
@FedFRASER