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http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 421.11-6 - Bank Suspensions Since Jan 1 1921 Nonmember State Banks Nebraska A-B Cohnittee on Branch Group & Chain Banking FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 0 National bank Name of State O State bank O Trust company O Stock savings bank O Mutual savings bank NEBRASKA O Private bank 1. Name of bank Able State Bank 2. Date organized 3. Federal reserve district 9-7-19 Yfite suspended Ten Town or City 6-24-29 Able 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Butler 132 Nonmember June 24, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ 134,319.13 Total loans and discounts Real estate acquired in satisfaction of debts 4,786.70 Investments 4,000.00 0) 17,694.43 All other resources 160,0.26 Total resources 15,000.00 Capital 2,345.68 Surplus and undivided profits Deposits: 90.00 Due to banks** 25,501.52 Demand deposits, including U. S. Govt. deposits 103,576.06 Time deposits, including postal savings $ 129,167.58 Total deposits Borrowings from F. R. bank 14,287.00 Borrowings from other banks All other liabilities 160,800.26 Total liabilities 7. Has this bank been reopened? Ye 5 If so give: 3-10-29 Date of reopening Name under which reopened Able state bank Loss to depositors on: Amount of loss Secured claims Claims not established t)ef ore reopening, Preferred claims there was a 50/J write down of unsecured General claims deposits with which to purchase and Per cent of loss to claims remove undesirable assets. Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. ABIE STATE BANK Amount EstimPte Loss Per Cent of Estirqted Loss to DePositors Estimated Loss On: Secured Deposits & Offsets Unsecured Deposits t 8,252.88 120 914.70 None $20w876.16 Total 129 167-58 20 876 16 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 17.27 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Secured Payments from guaranty fund Total 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Ye s 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 ? 1922-1923 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments 4,0 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 National bank g Name of State State bank • Trust company O Stock savings bank NEBRASKA O Mutual savings bank o Private bank 1. Name of bank Farmers State Bank 2. Date organized 6464908 3. Federal reserve district Date suspended Town or City 6-18-25 Ten Adams Population of town or city* 600 Member or nonmember of F. R. System Non 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Gage 1lember 6. Condition figures, as of (date*) June 18, 1925 Loans and discounts: On real estate Other $ 38,423.50 Total loans and discounts Real estate acquired in satisfaction of debts 28,933.49 Investments All other resources 16,025.23 Total resources 83,382 22 Capital 25,000..00 Surplus and undivided profits 11,410.04 neficit Deposits: 25.26 Due to banks** Demand deposits, including U. S. Govt. deposits 13,726.64 Time deposits, including postal savings 55.857.12 $69,609.02 Total deposits Borrowings from F. R. bank Borrowings from other banks 183.24 All other liabilities 83,382.22 Total liabilities a, 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: Antount 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: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims. . . Payments from guaranty fund Total payments Per cent of payments toclaimsallowed . Preferred claims.. 59,347.93 General claims. . . Dividends paid from . collections 2,551.27 55.621.40 ..--- --...- 53,070.13 55,621.40 --- 12.75 Total claims....59,30.68 53,070.13 2,551.27 93.72 ---- 93.71 "Going Bantc" Period - May 22, 1924 to June 18, 1925 Liabilities: Dewsits Bills Payable Secured Other Liabilities 5-22-24 Decrease Per Cent $86,184.21 13,571.90 874.96 $16,575.19 13,571.90 6„_91 72 of Net Decrease $100,631.07 $ 30,838.81 The net decrease in liabilities d-uring "going bank" period and receivership wa-iod was 96.28 per cent. Preferred claims... General claims. . . . Total claims. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis , 30.64 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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) by Other causes, (specify)Lax SuDervision/Bureau of Banking 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1923. — 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yee It so give dates and amounts of all assessments Collections on Stockholders Liability: Offset to preferred claims 137.28 June 18, 1925 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis March 31, 1930 April 30, 1930 325.00 2000.00 Offset Legal expense charge II Preferred clairis • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 n State bank Trust company El Stock savings bank El Mutual savings bank Private bank 1 Name of bank_ 2. Date organized Citizens State Bank 9-15-1903 3. Federal reserve district Date suspended Town or City 2-20-29 Teri Ainsworth 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Brown 1503 onmember February 19, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 161,200.96 Total loans and discounts 26,251.93 Real estate acquired in satisfaction of debts Investments 54,114.07 All other resources 241,566.96 Total resources 25,000.00 Capital 6,735.28 Surplus and undivided profits Deposits: $ Due to banks** 7,596.16 101,379.08 Demand deposits, including U. S. Govt. deposits 92,578.49 Time deposits, including postal savings 201,553.73 Total deposits Borrowings from F. R. bank 7,500.00 Borrowings from other banks 777.95 All other liabilities 241,566.96 Total liabilities 7. has this bank been reopened? Ye s Date of reopening 7-26-1929 If so give: Citizens state Bank Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims No claims were 8stab1ished before reopening. Preferred claims There was anlewrite down of unsecured General claims deposits with which to purchase and remove undesirable assets. Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. CITIZENS STATE BANK, AINSWORTH. Amount Estirratel Loss $ 11,502.49 190 051.24 None 1133.035.87 201 553 /3 111;-'24ZZAEZ Estimated Loss On; Secured Deposits Re Offsets Unsecured Deposits http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Totel Per Cent of Estimated LOSP to DeDositors If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims • Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. . . . Preferred claims • General claims. . .. Total claims. ... If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims. ... http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) S 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 ? 1921-1922 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 0 National bank gn Name of State State bank O Trust company • 0 Stock savings bank O Mutual savings bank Nebraska. 0 Private bank 1. Name of bank State Ban17. of Alexandria 2. Date organized 1/30/1884 3. Federal reserve district Date suspended Ten Town or City Ale x-indria 9/1/30 Population of town or city* 432 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Thayer Nonmember 6. Condition figures, as of (date*) AuP,ust 30, 1930. Loans and discounts: On real estate Other Total loans and discounts $ 348,829.53 Real estate acquired in satisfaction of debts 16,987.50 Investments 12,000.00 All other resources 35,901.81 Total resources 413,718.84 Capital 20,000.0 Surplus and undivided profits 14,158.73 Deposits: 898.07 Due to banks** Demand deposits, including U. S. Govt. deposits 115,r`06.45 Time deposits, including postal savings 244,067.60 359•972.12 Total deposits Borrowings from F. R. bank Borrowings from other banks 19.057.00 All other liabilities 530.99 413 718.84 Total liabilities 7. Has this bank been reopened? Date of reopening If so give: Yee 11 3 30 Name under which reopened State _Bank of Alexandria. Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Claims were not establtshed before reopening. Preferred claims There General claims deposits with which to purchase and remove undesirable as a write—down of 60 per cent of unsecured assets. Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. SrrATE BANK OF ALFOCANDIPI, ALEXANDRIA Estimated Loss On: http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Amount Secured ,.?e Offsets Unsecured Deposits Tot 1. t29,040.52 330 931 60 t359117.Z.12 Estimated Loss Per Cent of EstiTated Loss to DePositors None iazaaaa Lat.:212. 1.14 1.05 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. . . Preferred claims.. • General claims. . . Total claims.... 10. Has this bank been finally liquidated? If so give: Date liquidation was completed • Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. . .. Preferred claims... General claims. . . . Total claims. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Yes. 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? 1926. 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments Assessments not leterrnined prior to suspension. FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 • 11 Trust company El Stock savings bank [1] NEBRASKA lutual savings bank [1] Private bank 1. Name of bank 2. Date organized Allen State Bank 10-2-1895 3. Federal reserve district Town or City Date suspended 6-22-29 Ten Allen Dixon Population of town or city* 485 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Nonmember 6. Condition figures, as of (date*) June 22 1929 Loans and discounts: On real estate Other $ 223,606.94 Total loans and discounts 52,219.13 Real estate acquired in satisfaction of debts ,r\ y Investments 3,093.47 25,392.65 All other resources 304,312.19 Total resources 25,000.00 Capital 1,053.71 Surplusland undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 1,582.15 77,129.23 199,547.10 $ 278,250.48 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 304,312.19 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. ... Nose Preferred claims 283,707.40 - 42,593.67 ••..... --_ _-- --- 42,593.67 --- 42,593.67 232.15 General claims. ... Total claims.. .. ,..., 593•67 49 283,475.25 15.02 0 15.01 Allen State Bank, Allen, Nebr. "GOING BANK" PERIOD October 4, 1928 to June 22, 1929 10-4-28 Liabilities Deposits Bills Payable Other Liabilities *335,995.68 26,185.50 Per Cent of Net Decrease Decrease t)57,737.20 , 26,185.50 .1.1m0.0 oarn.V••••••.••• $362,181.18 Total 23.17 83,922.70 The net decrease in liabilities during the "going bank" and receivership periods was 33.42 per cent. k_Aaims allowed Secured claims Preferred claims General claims. . . . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis collections guaranty fund Total payments to claims allo - wed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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.riadP.0,tiatO. .9porEkt • ircome 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 L'eneral farming 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 Collections on stockholders liability 1929 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 20.32 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 r] State bank O Trust company • - 0 Stock savings bank O I\EBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Farmers State Bank a_-19 'Date suspended 3-29 3. Federal reserve district Ten Town or City 5-16-21 Allen Population of town or city* 485 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dixon County Nonmember 6. Condition figures, as of (date*) Y 16, 1921 Loans and discounts: On real estate Other Total loans and discounts $ 235,142.20 8,278.00 Real estate acquired in satisfaction of debts (5') Investments 492.67 14,558.59 All other resources 258,471.46 Total resources 30,000.00 Capital 343.04 Surplus and undivided profits Deposits: 4,761.71 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 50,972.'36 114,411.51 • 183,145.58 Total deposits Borrowings from F. R. bank 43,086.00 Borrowings from other banks All other liabilities 1,891.R4 258,471.46 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: Ye s June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed 43,086.00 43,086.00 Preferred claims... 183,145.58 43,367.26 Secured claims. . . . General claims. . .. 2,762.85 87,453.26 10. Has this bank been finally liquidated? Total payments Per cent of payments to claims allowed 43,086.00 100. 138,778.32 183, 145.58 100. 1,891.84 10 891.84 .0.P en MO OM OM Total claims. . .. 28,994.43 Payments from guaranty fund 140,670.16 228,123.42 68.47 99.61_ 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Declim in value of fEtrm products 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 General farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? Ye s If so, give dates and amounts of all assessments Collections on stockholders liability 1926 115000.00 1000.00 1927 7700.00 1928 100.00 1929 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total $13,800.00 • 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 4.Z f:3. 4 Name of State Z3 State bank O Trust company O Stock savings bank O NEBRASKA Mutual savings bank O Private bank First Stato Bank 1. Name of bank__ 2. Date organized Alliance Ten 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Box Butte 12- -0-167 2.1 2---193O Date suspended Population of town or city* 4-1-1914 3. Federal reserve district Town or City 4591 Norrnember 6. Condition figures, as of (date*) February 0, 1930 Loans and discounts: On real estate Other $ 702,666.63 Total loans and discounts Real estate acquired in satisfaction of debts \\a' .1\ 38,661.94 Investments 112,294.65 All other resources 853,663.22 Total resources Capital 35,000.00 Surplus and undivided profits 36,186,97 Deposits: 30,821.80 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 3-23,838.05 427,329.38 $ 781,989.23 Total deposits Borrowings from F. R. bank ea we .+1 Borrowings from other banks 467.03 All other liabilities 853,663.23 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments 30, 1930 Per cent of payments to claims allowed --MitadAgE.... Preferred claims 16,623.33 16,623.33 --- 640,199.16 230,142.86 --- 230,342.d6 --- --- --- 246,966.19 --- 11,300.d8 General claims Total claims. .. 246,966.19 668,123.37 10. Has this bank been finally liquidated? 16,623.3 100 35.97 0 'ib.96 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Misuse of bank funds Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? you 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 suspen. 1927- 1928 mon? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yes If so, give dates and amounts of all assessments Colloctions on stockholders liability, June 30, 1930 - • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State O State bank O Trust company • O Stock savings bank O Mutual savings bank NEBRASKA El Private bank 1. Name of bank Farmers State Bank 2. Date organized 9-11-1908 3. Federal reserve district Date suspended Town or City Alt na 1-21-29 Ten 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County `.`fayne 63 No nne mb er 6. Condition figures, as of (date*) January 21, 1029 Loans and discounts: On real estate Other Total loans and discounts $ 24,979.54 2,500.00 Real estate acquired in satisfaction of debts Investments 5') 8,484.27 All other resources 351 963.81 Total resources 20 000.00 Capital 8,809.62 Surplus and undivided profits Deposits: Due to banks** Demand "deposits, including U. S. Govt. depositi Time deposits, including postal savings 6,287.50 16,733.47 $ Total deposits 23,020.97 Borrowings from F. R. bank Borrowings from other banks 1,752.46 All other liabilities 35,963.81 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is thi's bank still in process of liquidation? Ye s If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims. . . . None Preferred claims 26,745.04 --18,721.72 26,897.50 Payments from guaranty fund Total payments --.. --- --- 181721.72 --. 152.46 General claims. . . . Total claims Dividends paid from collections 18,721.72 --- Per cent of payments to claims allowed 70. 0 18,721.72 69.6 :farmers State Bank, Lltona,Febr. "GOING BANK" PERIOD January 16, 1928 to January 21, 1929 Liabilities Deposits Bills Payable Other Liabilities Total Decrease $138,775.69 Per Cent of Net Decrease $115,754.72 OOP 152.46 $138,928.15 $115,754.72 83.31 The decrease in liabilities during the "going bank" and receivership periods was 94.11 per cent - Secured claims Preferred claims General claims. . . . Total claims. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - - - • 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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? Yes If so, state what industry or type of agriculture General fnrmin What was the approximate date of the beginning of the difficulty which ultimately caused the suspension 1921-22 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 assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 $ 8,822.75 1930 10,177.25 Total 19,000.00 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 • LI Stock savings bank fl Mutual savings bank NEBRASKA El Private bank 1. Name of bank Farmers State Bank 2. Date organized 8-20-3.924 3. Federal reserve district Date suspended Town or City Arne 8 3-5-25 Ten 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Dodge 113 Nonmember 6. Condition figures, as of (date*) March 5, 1925 Loans and discounts: On real estate Other $ Total loans and discounts 16,780.02 2,603.55 Real estate acquired in satisfaction of debts ‘;) 5,903.14 Investments 10.798.01 All other resources 36,084.72 Total resources 151 000,00 Capital 1,723.58 Surplus and undivided profits Deposits: Due to banks** Demand- deposits, including U. S. Govt. deposits Time deposits, including postal savings 714:22.27 15,135.26 $ Total deposits 22,567.63 Borrowings from F. R. bank Borrowings from other banks All other liabilities 240.67 36,084.72 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 Antolini of loss Secured claims Preferred claims General claims Total Ye s 9. Is this bank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed -_- Secured claims. .. . None Preferred claims... 21,881.72 508.89 General claims Payments from guaranty fund s, Total claims.. .. 22,390.61 , --- Total payments --- 17,082.21 4,799.511 21,881.72_ --- --- -_- --.. 4,799.52 21,881.72 10. Has this bank been finally liquidated? Per cent of payments to claims allowed 100. 0. 97.72 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. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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? Ye s General farming If so, state what industry or type of agriculture • What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 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 assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1925 1929 Total $1,800.00 • 4,050.00 0,125.00 • 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 ES] State bank • El El fl El C Trust company Stock savings bank Mutual savings bank NEBRASKA Private bank 1. Name of bank 2. Date organized Angora °tate Bank 4-21-1914 3. Federal reserve district Date suspended Town or City 3-30-25 Ten Angora Population of town or city* Morrill 75 Member or nonmember of F. R System__Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis C County 6. Condition figures, as of (date*) March 30, 1925 Loans and discounts: On real estate Other 68,710.93 Total loans and discounts 10.047.91 Real estate acquired in satisfaction of debts N.00\ Investments 8,322.42 All other resources 87,081.26 Total resources 25,000.00 Capital 6,270.68 Surplus and undivided profits Deposits: 568.24 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 36;721.17 22,500.12 59,789.53 Total deposits Borrowings from F. R. bank 8,176.32 Borrowings from other banks 386.09 All other liabilities 87,081.26 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 Yet s 9. Is this bank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed _ 8P 176•32 Secured claims 59,129.08 Preferred claims General claims. . . ....... 8,176.32 38,843.66 54f 069•08 NO Mr NO IPS MI MS 38,843.66 62,245.40 8,176.32 15,225.42 518.97 67,824.37 23 401.74 Total claims . .I 100. 91.44 O. 91.77 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. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Ye s 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? 1921-22 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 Collections on stockholders l ability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1927 11228 1929 Total $ 59.57 5,000.00 540.43 $5,600.00 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 O Trust company Name of State O Stock savings bank • El Mutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized Bank of Angus 12-4-1905 3. Federal reserve district Date suspended Ten Town or City 2127 Angus 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Nu c olls 78 Nonmembe r 6. Condition figures, as of (date*) February 1, 1927 Loans and discounts: On real estate Other Total loans and discounts $ 47,583.94 Real estate acquired in satisfaction of debts Investments 10,947.44 All other resources 58,531.38 Total resources 10,000.00 Capital 1,671.06 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 16,902.25 Time deposits, including postal savings 26,220.19 Total deposits $ 43,122.44 Borrowings from F. R. bank 3,687.43 Borrowings from other banks 50.45 All other liabilities 58,531.38 Total liabilities 7. 11as 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Ye a If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed 7— Secured claims.. . . 3,687.43 3,687 43 Preferred claims... 40,826.37 34,178.38 General claims. . .. 2,659.30 47,173.10 Total claims.. . --- 3,687.43 100. 6,648.09 40,826.37 100. 1,565.58 •••..e. 1,565.58 58.87 39,431.39 6,648.09 46,079.38 97.68 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis , 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) Declj.ne.in farm .prOmqo watz, Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Yes If so, state what industry or type of agriculture Ce ne rp 1 farrii n What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 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 Collections on stockholders liability 1927 $3,500.00 1929 1.700.00 Total $6,500.00 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ' • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 E] State bank O Trust company • O Stock savings bank O Mutual savings bank HEBRASKA O Private bank 1. Name of bank 2. Date organized The Peoples State bank 1-26-1914 3. Federal reserve district Date suspended Town or City 5-21-21 Ten Anselmo Population of town or city* Custer 457 Member or nonmember of F. R. System Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) May 21, 1921 Loans and discounts: On real estate Other $ Total loans and discounts Real estate acquired in satisfaction of debts 170,841.91 \ 177.07 Investments 9,126.00 All other resources 180,144.98 Total resources 15,000.00 Capital 4,955.72 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 5,000.00 75,246.43 55,063.22 135,309.65 Total deposits Borrowings from F. R. bank 33,000.00 Borrowings from other banks 1,791.05 All other liabilities 180,14-4.98 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed _ Secured claims. .. . Preferred claims.. . General claims. . .. Total claims. . . . • 10. Has this bank been finally liquidated? _ Yes If so give: December 31, 1928 Date liquidation was completed Collections: $ From liquidation of assets 54,526.56 15,000.00 From assessments on shareholders Other collections (explain) 69,526.56 Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims Payments from guaranty fund --.. 33,000.00 33,000.00 141,424.14 35,501.63 105,922.51 Oa Mena 19 791•05 68,501.63 107,713.56 General claims 1,791.05 Total claims 176f 215.19 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dividends paid from collections Total payments Per cent of payments to claims allowed 33,000.00 100. 141,424.14 100. 1,791.05 100. 176,215.19 100. 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Over Loaning Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry Yes 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 ? 1921-22 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 Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $15,000.00 • 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 r7 Name of State IC State bank LI Trust company El Stock savings bank 11] Mutual savings bank NEBRASKA LI Private bank 1. Name of bangarrers State Bank 2. Date organized] 1-20-1904 3. Federal reserve district Town or City Date suspended 5-204927 Ten Ansley Population of town or city* 775 Member or nonmember of F. R. System__ Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Custer 6. Condition figures, as of (date*) tria,y 20, 1927 Loans and discounts: On real estate Other Total loans and discounts $ 75,933.33 40,510.80 Real estate acquired in satisfaction of debts "\\O Investments 14,982.76 All other resources 131,426.89 Total resources Capital 25 000 00 Surplus and undivided profits 70,149.40 Deposits: •••. Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 47.8.73.4 128,601.82 $176,475.36 Total deposits Ad Borrowings from F. R. bank ••••••••••• •.11.1.1, Borrowings from other banks 100.93 All other liabilities 131.426.89 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank Still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund 177,128.22 5,313.88 8,856.44 Total payments Per cent of payments to claims allowed Secured claims. . . Preferred claims. General claims. . . . --- 100.93 5,313.88 77.229.15 Total claims. --- 14,1.70.32 8.00 IIMIDMI 8,856.44 41..RD 14,170.32 7,99 • "Going Bank" Period, July 7, 1925 to Hey Liabilities 7-7-25 Deposits $187,159.99 Bills Payable (secured) 11,177.76 Other Liabilities 1,AgAtn Decreases $45,834.63 $201.743.46 $60,317.17 20, 1927 Per Cent of Net Decrease 11,177.76 304 78_3• 29.90 The net decreas4n"liabilities during "going bank" period and receivership period was . 4 per cent. 31.vt, Uttsets to claims (loans paiu, cue.) Payments to depositors: (Amounts in dollars) • Claims allowed Dividends paid from collections ( Secured claims Preferred claims General claims. . . . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) —Fritittre-ef-lerme-debtierP-(-N-ame).LliS118ft .0f. funds Other causes, (specify)LeX 121 $tfitte Btanking Laws 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921 — 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the Yes bank suspended? If so, give dates and amounts of all assessments Collection on stockholders liability $1.49 June 18, 1930 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following Li National bank O State bank Name of State O Trust company O Stock savings bank • O Mutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized State Bank of Ansley 8-17-1916 3. Federal reserve district Date suspended Town or City 5-26-1928 Ten Ansley Population of town or city* Custer 775 Member or nonmember of F. R System__ Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) May 26, 1928 Loans and discounts: On real estate Other $ Total loans and discounts 116,428.46 Real estate acquired in satisfaction of debts 54,747.32 \\6, Investments All other resources 22,066.05 193.241.83 Total resources Capital 25,000,00 Surplus and undivided profits 19,631.41 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 37:690:70 149,018.65 $ Total deposits 186,709.35 Borrowings from F. R. bank Borrowings from other banks 1.163.89 All other liabilities 193,241.83 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss 'Secured claims 'Preferred claims General claims Total 9. Is this bank still in process of liquidation? _yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund ........ ..« 34,168.00 merim. 34,331.89 --- ...... Total payments Per cent of payments to claims allowed Secured claims. . . • 8909 Preferred claims 18.00 34,331.89 18,07 163.89 General claims. . .. 'Total claims. . . 34,168.00 89,985.98 "Going Bank" Period, December 10, 1926 to May 26, 1928 Liabilities Deposits Bills ,Payable (Secured) Other Lipbilities 1240-26 Decreases $367,871.90 $181,162.55 14,600.00 1 208 47 14,600.00 ----190-21-412. $383,680.37 $196,807.13 Per cent of NetDecrease 51.29 The net decrease in liabilities during the "going bank" period and receivership period was 59.43 per cent. l'1.111UU1ILS 111 UUIIU.1S) Claims allowed _ Secured claims. Preferred claims. General claims Total claims. . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - 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)Lax Enforcement of Banking Laws and lax supervision by Bank Department 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921. — 22 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the Yes If so, give dates and amounts of all assessments Collection on Stockholders Liability: $1000.00 May 26, 1928 bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 • 151 • Stock savings bank O Mutual savings bank NEBRASKA. O Private bank 1. Name of bank Arnold State Bank 2. Date organized 5-21-1909 3. Federal reserve district Date suspended Ten Town or City 6-16-30 Arnold Custer Population of town or city* 933 ,lember or nonmember of F. R. System 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Nonmember 6. Condition figures, as of (date*) June 14, 1930 Loans and discounts: On real estate Other $ 347,079.15 Total loans and discounts 22,254.00 Real estate acquired in satisfaction of debts 220.61 Investments • 25,017.18 All other resources 394,570.94 Total resources Capital 50,000.00 Surplus and undivided profits 16,007.55 Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 3,027.87 118,774.27 160,441.49 $ 282,243.63 Total deposits Borrowings from F. R. bank 45,000.00 Borrowings from other banks 1,319.76 All other liabilities 394,570.94 Total liabilities 7. Has this bank been reopened? Date of reopening Ye s If so give: September 15, 1930 Name under which reopened Arnold Rate Bank Amount of loss Loss to depositors on: Per cent of loss to claims Secured claims Clatimp were r)ot established before reopening Preferred claims There was an 85;f.) write down of unsecured deposits General claims with which to purchase and remove undesirable assets. Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. ARNOLD STATE BANK. Amount Estimated Loss Per Cent of Estimated Loss to Depositors Estimated Loss On: Secured. Deposits ,?d Offsets Unsecured Deposits Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis t 25,658.23 256 585.40 1282,243.63 None t119 991.38 119 991.38 46.76 42.51 If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. ... Preferred claims... General claims. . . . Total claims. ... 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. . Preferred claims General claims. . . . Total claims. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? 1925-1926 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments O FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 0 National bank State bank Name of State r Trust company Stock savings bank • Mutual savings bank .Nobre.o.ko, Private bank 1. Name of bank Security State Bank 2. Date organized 9-19-1917 Date suspended Toi,vn or City 6-19- 30 3. Federal reserve district Te n Arnold Population of town or city* Custer 933 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County June 19 6. Condition figures, as of (date*) 1930 Loans and discounts: On real estate Other $ 134,443.34 Total loans and discounts 15,698.00 Real estate acquired in satisfaction of debts 59.50 Investments 41,298.95 All other resources 191,499.49 Total resources 35,000.00 Capital 3.07 DefI cit Surplus and undivided profits Deposits: 271.76 Due to banks** 80,845.84 Demand deposits, including U. S. Govt. deposits 51,364.94 Time deposits, including postal savings $ 132,982.54 Total deposits Borrowings from F. R. bank 23,500.00 Borrowings from other banks 75.02 All other liabilities 191,499.49 Total liabilities 7. Has this bank been reopened? Yes If so give: September 15-1930 Date of reopening S Name under which reopened Arnold State Bank Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Claims were not establishee before reopening. Preferred claims There was a 905 write-down of unsecured deposits Yith General claims which to purchase and remove undesirable assets. Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. SECURITY STATE BANK, ARNOLD. Amount Estimated Loss Per Cent of Estimated Loss tri Depositors Estimated Loss On: Secured Deposits 8: Offsets Unsecured Deposits Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 11,976.34 121,006.20 132,L982.54 None $17,175.84 $17,175.84 14.19 12.91 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. ... Preferred claims.. • General claims. . . Total claims. . . 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 suspen1925-1926 sion? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 Rs 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 • 318 National bank Name of State E] State bank O Trust company O Stock savings bank O 1,:EBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Ashland State Bank 94-1917 3. Federal reserve district Date suspended Town or City Ashl:lnd 12-23-1929 Population of town or city* Ten Saunders 1725 Member or nonmember of F. R. System_ Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) December 23, 1929 Loans and discounts: On real estate Other $ 187,204.09 Total loans and discounts 5,850.00 Real estate acquired in satisfaction of debts \ et` Investments 33,828.82 All other resources 226,882.91 Total resources 25,000.00 Capital 9,453.97 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 3,974.64 52,824.66 135,629.34 $ 192,428.64 Total deposits Borrowings from F. R. bank Borrowings from other banks .30 All other liabilities 226,882.91 Total liabilities 7. I-Ias 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed _ Secured claims. .. . 1,011.65 Trust funds 171453.73 Preferred claims -_ General claims 1,011.65 85,818.04 1,011.65 85,818.04 100 50.14 ----- 86,_829.69 172,165.3d Total claims --_ --- --_ 86,829.69 50.43 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 yes 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 suspen1927 sion? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments Assessments prior to suspension cannot be determined. FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following -72rt [1] National bank Name of State El State bank Trust company • 1:1 Stock savings bank 111 1,113B11A SKA. Mutual savings bank [j] Private bank Bank of As ht on Ashton Town or CitySherraan 1. Name of bankCounty I(-5-.z? 6-26-1895 2. Date organized 3. Federal reserve district Date suspended Ten Population of town or city* Member or nonmember of F. R. Systemll rime rthe r 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 397 6. Condition figures, as of (date*) February 3, 1930 Loans and discounts: On real estate Other $ Total loans and discounts 199,601.63 c. 13,000.00 Real estate acquired in satisfaction of debts Investments 12,019.69 All other resources 21,998.53 246,619.85 Total resources Capital 15,000.00 Surplus and undivided profits 12,180.79 Deposits: $ Due to banks** Demand deposit's, including U. S. Govt. deposit's Time deposits, including postal savings 6,108.41 49,042.90 14.2,986.07 $ 198,137.38 Total deposits 11•111••• .1111 Borrowings from F. R. bank 16,786.17 Borrowings from other banks 4,515.51 All other liabilities 246,619.85 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? --- Preferred claims is.0 •••am . 306,923.17 General claims 9,952.37 Total claims 316,875.54 If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims. .. Y es Payments from guaranty fund ....m.s. _-- 61,390.38 Total payments .o. Mb MI 61,390.38 ___ --- 61,390.38 Per cent of payments to claims allowed 61,390.38 20. 0 19.37 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? es 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 suspen1927 - 192u sion? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments Assessment 2rior to date of suspension not determined. FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank • Name of State State bank O Trust company O Stock savings bank O NEBRASKA Mutual savings bank O Private bank 1. Name of ban 2. Date organized Nemaha County 3anIc 12-3-1901 3. Federal reserve district Date suspended Town or City d-12-1929 Ten County Population of town or city* 2863 Member or nonmember of F. R. System_N onmezabr:r 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Nemaha Auburn 6. Condition figures, as of (date*) August 12, 1929 Loans and discounts: On real estate Other Total loans and discounts 310,066.39 $ 62,459.93 Real estate acquired in satisfaction of debts 4/ P Investments 6,755.96 67,810.44 All other resources 447,092.72 Total resources Capital 20,000.00 Surplus and undivided profits 29,740.72 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 241,214.86 Time deposits, including postal savings 135,820.90 $ 377,035.76 Total deposits Borrowings from F. R. bank 20,316.24 Borrowings from other banks All other liabilities 447,092.72 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims.. .. Preferred claims... General claims. .. Total payments 20,316.24 20,316.24 --- 20,316.24 353,420.48 85,381.73 — -- 85,381.73 --- --- --- 105,697.97 --- 488.08 371,224.80 Total claims.. Payments from guaranty fund 10. Has this bank been finally liquidated? 105,697.97 Per cent of payments to claims allowed 100 24.36 0 28.47 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 pai(l, etc.) Payments to depositors: (Amounts in (lollars) Claims allowed Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? yes 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? sion ? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis yes If so, give dates and amounts of all assessments April 10, 1930 - ,100.00 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 NI State bank El Trust company • Stock savings bank • NEBRkSICA [j] Mutual savings bank Ej Private bank 1. Name of bank Farmers State Bank 2. Date organized 4-27-1917 3. Federal reserve district Town or City Date suspended 5-8-1924 Ten Bartley Population of town or city* Member or nonmember of F. R. System Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Red. Willow 6. Condition figures, as of (date*) Hay 8, 1924 Loans and discounts: On real estate Other $ Total loans and discounts 58,407.21 maese.. Real estate acquired in satisfaction of debts / Investments NO MINN. 8.230.47 All other resources 66,637.68 Total resources 20,000.00 Capital 151.74 Surplus and undivided profits Deposits: 838.69 Due to banks** Demand deposits, including U. S. Govt. deposits 28,548.33 Time deposits, including postal savings 14.090.66 $ Total deposits meeir.• Borrowings from F. R. bank 2,500.00 Borrowings from other banks 508.26 All other liabilities 66,637.68 Total liabilities 7. IIas this bank been reopened? 43,477.68 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 ecured claims Preferred claims General claims • Total Yes 9. Is this- bank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) • Secured Claims allowed claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed . Preferred claims... 24,573.97 10,163.01 14,410.96 24,573.97 100.00 10,163.01 14,410.96 24,573.97 98.37 .406.73 General claims Total. claims... . 24;980.70 NOTE: There was no decrease in liabilities during the "going bank" period 10. Has this bank been finally liquidated? If so give: hate 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. . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? No If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 3.921. — 22 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 Collections — Stockholders Lipbility — Jan. 31, 1930 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $7,246.76 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following • O E O LI National bank Name of State State bank Trust company Stock savings bank El Mutual savings bank NEBRASKA O Private bank 1. Name of bank State Bank of Bassett 2. Date organized 9484895 3. Federal reserve district Town or City Bassett Date suspended 3-5-1928 Ten Population of town or city* Rock 664 Member or nonmember of F. R. System_ Norimemb er 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) March 5. 1928 Loans and discounts: On real estate Other Total loans and discounts $ 61,619.73 6,900.50 Real estate acquired in satisfaction of debts 4111111.•••••• Investments 25,068.82 All other resources 93,589.05 Total resources Capital 15,000,00 Surplus and undivided profits 25,381.13 Deposits: 482.00 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 16,713.33 86,713.50 $ Total deposits 103,908.83 Borrowings from F. R. bank Borrowings from other banks 61.35 All other liabilities 93,589.05 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Yea If so give payments to date: June 30, 1930 (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. . . . 103,858.901 499.13 8,268.75 8,767.88 8.44 499.13 8,268.75 8,767.88 8.30 1,728.531 105,587.43 "GOING BANK" Period February 26, 1926 to March 5, 1928 Liabilities .Deposits Other Liabilities 2-26-26 Decrease $196,811.75 1.420.32 $198,232.07 $92,902.92 __ $94,261.89 Per Cent ___1A358.91 47.55 Decrease in liabilities during "going bank" period and receivership period was 51.68 per cent. Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. . . . Preferred claims.. . General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Lex Supervision by Bank Department 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1923. - 22 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 - determined. rrior assessments cannot bt, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis O FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State qg State bank 8(i5 O Trust company • O Stock savings bank O Mutual savings bank Nebraska. O Private bank 1. Name of bank Battle Creek Vail v Date suspended 10/13/30 2. Date organized)./211889 3. Federal reserve district Town or City J3attle Creek —en. Population of town or city* 743 Member or nonmember of F. R. System_Nonmerriber 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Madison 6. Condition figures, as of (date*) October 11, 1930 Loans and discounts: On real estate Other $ Total loans and discounts 327,565.03 Real estate acquired in satisfaction of debts ' 121-4-) 14,000.00 Investments 61,217.95 All other resources 402,782.98 Total resources 40,000.00 Capital 5,429.1.6 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 128,552.90 Time deposits, including postal savings 175,891.82 $ Total deposits Borrowings from F. R. bank 1E1 5',197.63 Borrowings from other banks 711..47 All other liabilities 40,782.98 Total liabilities 7. Has this bank been reopened? 304,444.72 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) "\1 1(,\V3 • payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed It is undetermined whether this 'bank will reorganize or be -o'_aced into receiver— ship. From liquidation of 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 x 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) Deflation of Agricultural prices Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Yes. 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? 1925-26 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessmentc Assessments not determined prior to suspension. • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 O National bank Name of State State bank 45)_ O Trust company O Stock savings bank • O Mutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized Battle Creek Valley Bank 1-2-1339 3. Federal reserve district Date suspended Ten Town or City 6-23-30 Batt le Creel,. 'County Population of town or city* Member or nonmember of F. R. System_ 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Tradison 743 Nonmember 6. Condition figures, as of (date*) June 25, 1930 Loans and discounts: On real estate Other 495,249.86 Total loans and discounts Real estate acquired in satisfaction of debts 52,649.87 Investments 14,000.00 All other resources 48,259.20 610,151.93 Total resources Capital 40,000.00 Surplus and undivided profits 49,623.77 Deposits: $ Due to banks** 1,16").93 155,856.60 Demand deposits, including U. S. Govt. deposits 238,669.81 Time deposits, including postal savings 395,696-.39 Total deposits Borrowings from F. R. bank 115,153.30 Borrowings from other banks 9,695.47 All other liabilities 610,153.93 Total liabilities 7. Has this bank been reopened? Date of reopening Secured claims If so give: 7--30 2 Name under which reopened Loss to depositors on: Ye 3 ±.t tie Creek Valley Bank Amount of loss Per cent of loss to claims None Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Secured Payments from guaranty fund Total 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 Ye 3 or agriculture? If so, state what industry or type of agriculture Gene ral farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1923-1924 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 not be used for merged or consolidated banks but should be used for those banks susshould form pended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 319 Name of State 0 State bank 0 Trust company 0 Stock savings bank • NEBRASKA Mutual savings bank 0 Private bank Bank of Bayard 1. Name of bank._ Town or City Bayard County I Ior rill '2-232. Date organized 7-5-16by 3. Federal reserve district Date suspended 2-43" 4?9'34 Ten 1.27 Population of town or city*_2_ Member or nonmember of F. R. System_1\°nil° mbe r 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach 'a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6. Condition figures, as of (date*) ebruary 6, 1930 Loans and discounts: On real estate Other $ 325,263.40 Total loans and discounts Real estate acquired in satisfaction of debts 9 Investments 0.• 30,000.00 36,301.15 All other resources 391.564.55 Total resources Capital 25,000.00 Surplus and undivided profits 25,357.83 Deposits: 20,731.97 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 177,073.22 94,424.28 $ 292,229.47 Total deposits ••• Borrowings from F. R. bank Borrowings from other banks 29,311.68 All other liabilities 19,645.57 391,564.55 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed 29,31.68 i0,213.65 Secured claims Payments from guaranty fund ...---- 10,27.3.65 226,429.58 Preferred claims Total payments 10, 73.d5 ----- General claims 10,273.85 Total claims. . . 266,035.11 Per cent of payments to claims allowed 0 100 0 -. —— 0 --- 3.86 10,273.85 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Llisuse of funds Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? yes 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 suspen1927 - 1928 sion? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments Assessments prior to date of suspension not determined. FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 0 Trust company • O Stock savings bank O Mutual savings bank I LEIB RASKA O Private bank Town or City Bayard 1. Name of bank The Farmers State Bank 2. Date organized 9-26-1916 3. Federal reserve district Date suspended 1-25-22 Ten 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Morri11 2127 Nonmember 6. Condition figures, as of (date*) January 24, 1922 Loans and discounts: On real estate Other $ Total loans and discounts 2191 968.60 Real estate acquired in satisfaction of debts `eInvestments All other resources 3,124.02 223,092.62 Total resources 25,000.00 Capital 7,328.13 Surplus and undivided profits Deposits: $ Due to banks** 8-,399.72 Demand deposits, including U. S. Govt. deposits 58485.35 Time deposits, including postal savings 88,522.21 $ Total deposits 155,407.28 Borrowings from F. R. bank 47,656.71 Borrowings from other banks 2,356.76 All other liabilities 223,092.62 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1930 (Amounts in dollars) Secured claims. .. . Preferred claims General claims. ... Claims allowed Dividends paid from collections 47,656.71 47,656.71 146,168.12 7,603.87 10,625.00 -....... 138,564.25 Total payments Per cent of payments to claims allowed 47,656.71 100. 146,168.12 100. MO .1.... 0. 53,260.58 204,449.83 Total claims Payments from guaranty fund 138,564.25 , 1-910-824742 04782 1°\Mg9._0 If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Ye s General Farming If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 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 Collections of stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1926 1928 1929 Total $13,695.92 500.00 500.00 $14,695.92 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 ES State bank El Trust company O Stock savings bank O Mutual savings bank O Private bank 1. Name of bank 2. Date organized ...... Ng.M1SM First State Dank 12-19-1917 3. Federal reserve district Town or City Bazile Mills Date suspended 6-2-27 Ten 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Knox 91 Nonmember 6. Condition figures, as of (date*) June 2, 1927 Loans and discounts: On real estate Other 168,287.37 Total loans and discounts 77,785.77 Real estate acquired in satisfaction of debts \\. Investments 14,961.57 All other resources 261,034.71 Total resources 15,000.00 Capital 68,438.83 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 4,602.41 98,438.64 211;217.51 314,258.56 Total deposits Borrowings from F. R. bank Borrowings from other banks 214.98 All other liabilities 261,034.71 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Ye s June 30, 1930 If so give payments to date: (Amounts in dollars) Claims allowed --_ Secured claims. ... None Preferred claims... 325,546.74 214.93 General claims. . .. Dividends paid from collections Total claims. ... 325,761.72 Payments from guaranty fund Total payments •••••• .N5 Per cent of payments to claims allowed ...Fp 21,476.25 297,234.99 313,761.24 --- --- -••••• 21,476.25 297,284.99 97.91 0 318,761.24 97.35 First State Bank, Bazille Mills, Nebr. "GOING BANK Liabilities Deposits Bills Payable Other Liabilities Total PERIOD from January 7, 1926 to June 2, 1927 1-7-26 Decrease $340,689.76 19,302.44 1,321.06 $26,431.20 19,302.44 1,106.08 $361,313.26 $46,839.72 Per Cent of het Decrease 12.96 The net decrease in liabilities during the "going bank" and receivership periods was 98.06 per cent. - Secured claims Preferred clainis General claims. . . . Total claims. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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? Yee 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? 1921-22 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? Ye s If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1928 $5,107.28 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State 0 State bank 0 Trust company O Stock savings bank • NEBRASKA Ei Mutual savings bank O Private bank I. Name of bank 2. Date organized Securit: Savings Bank 4-6-1.920 3. Federal reserve district Date suspended Ten Town or City Beatrice 2-15-1930 Population of town or city* Gage .9_664 Member or nonmember of F. R. SystenL....N °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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) February 15, 1930 Loans and discounts: On real estate Other $ 128,595.14 Total loans and discounts t Real estate acquired in satisfaction of debts 16,356.43 9,463.65 Investments 23,601.01 All other resources 178,016.23 Total resources 30,000.00 Capital 732.81 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2,111.03 144,994.33 $ 147,105.36 Total deposits Borrowings from F. R. bank Borrowings from other banks 178.06 All other liabilities 178,016.23 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 L es 9. Is this bank still in process of liquidation? If so give payments to date: June 33, 1930 (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... 41,174.80 137,725.06 --- 178.06 General claims Total claims.... 41,174.60 137,903.12 --- /-17-)q, g-4) --- ----- 1-1 1 ""`r-'t 4,3rb 3 29.69 0 29.65 _ _ Claims paid in full after June 30, 1930 If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Co'llections: From liquidation of 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) • Lisuse of funds Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? yes 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 suspen197 sion? - 1928 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments Assessents prior to date of suvension not determined. FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 11 State bank 11] Trust company • El Stock savings bank NEBRASKA Mutual savings bank El Private bank 1. Name of bank &earner State Bank 2. Date organized 3-12-1395 Date suspended Town or City Beerier 6-429 - County Population of town or city* Cumi ng 548 Ten or nonmember of F. R. Systetn_NOnme mbe r 3. Federal reserve districtMember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6. Condition figures, as of (date*) June 1, 1929 Loans and discounts: On real estate Other $ 598,029.69 Total loans and discounts Real estate acquired in satisfaction of debts 13,165.97 \) Investments All other resources 2,350.00 258,445.12 377,190.78 Total resources 30,000.00 Capital 23,128.67 Surplus and undivided profits Deposits: 2,566.41 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 302,249.52 19 5,246.13 $ 824,052.11 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 877,190.78 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims 'Ione Dividends paid from collections --- Payments from guaranty fund _ -- Total payments Per cent of payments to claims allowed --- Preferred claims 934,852.83 46,752.85 --- 46,752.85 5. General claims. . .. 2.62,080.539 --- --- -..... 0. --- 46,752.85 Total claims. ...1,196 2933.72 46,752.85 3.9 71 Beemer State Bank, Beemer, rebr. "GOING BIM" PERIOD September 17, 1928 to June 4, 1929 Liabilities Deposits Bills Payable Other Liabilities 9-17-28 Decrease $842,025.34 42,000.00 1,497.41 $17,963.23 42,000.00 1,497.41 $885,522.75 $61,460.64 Per Cent of Net Decrease 6.94 The net increase in liabilities during the "going bank" and receivership periods was 29.88 per cent. This was due to the uncovering of deposits which had not been entered in books of bank prior to closing. urc 1 Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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? Ye s If so, state what industry or type of agriculture Gene ra1. farminz What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1921-22 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis iTO 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 tg] Name of State State bank 0 Trust company O Stock savings bank • O Mutual savings bank NEBRASKA. O Private bank 1. Name of bank Farmers State Bank 2. Date organized 2-284917 3. Federal reserve district Town or City Date suspended 3-10-1928 Ten Beide* Population of town or city* Cedar 285 Member or nonmember of F. R. SystemNonmernb er 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) March 10, 1928 Loans and discounts: On real estate Other Total loans and discounts 67,828.82 Real estate acquired in satisfaction of debts 19,024.52 Investments 38,545.99 All other resources 125.399.33 Total resources Capital 20,000.00 Surplus and undivided profits 66,998.25 Deposits: .67 Due to banks** Demand'deposits, including U. S. Govt. deposits Time deposits, including postal savings 10,584.65 159,214.60 $ 169,799.92 Total deposits Borrowings from F. R. bank Borrowings from other banks 2,597.66 All other liabilities 125.399.33 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss Secured claims Preferred claims General claims Total 9. Is thi bank still in process of liquidation? _Yes_ If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed .....— Secured claims. . . . Dividends paid from collections Payments from guaranty fund ...... Total payments ....— ..... 172,436,14 25,349.44 --- 25,349.44 General claims 12,967.99 --- --- --- Total claims 185,404.13 25,349.44 --- 25,349.44 Preferred claims "GOIM BMA Liabilities Deposits Bills Payable Other Liabilities Per cent of payments to claims allowed 14.70 13,67 Period — March 15, 1926 to March 10, 1928 3-15-26 Decreases $238,416.42 13,302.18 1.154.46 $68,616.50 13,302.18 1.056.80, $252,873.06 $82,975.48 Per Cent 32.81 The net decrease in liabilities during the "going bank" period and receivership period was 36.72 per cent. (Amounts in dollars) Claims allowed Secured claims. . Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 No or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1921 — 22 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 Stockholders liability Settled: http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3-10.-28 3-10-28 10-31-28 500.00 2000.00 1000.00 by certificate by compromise by asset acquired. $8 500.00 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 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 El National bank E State bank Name of State • Trust company • Stock savings bank El Mutual savings bank NEBRASKA El Private bank Bank of Belgrade 1. Name of bank_ 2. Date organized 6-22-1900 3. Federal reserve district Town or City Belgrade Date suspended 4-4-28 Ten Population of town or city* Nance 493 Member or nonmember of F R. System__ Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) April 4, 1928 Loans and discounts: On real estate Other Total loans and discounts $ 13,676.16 77,500.50 Real estate acquired in satisfaction of debts • Investments 40,670.97 All other resources 131,847.63 Total resources Capital 25,000.00 Surplus and undivided profits 30,645.32 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 18,998.65 118,415.89 $ Total deposits 137,414.54 Borrowings from F. R. bank Borrowings from other banks 78.41 All other liabilities 131,847.63 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss • Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: Mule 30, 1930 (Amounts in dollars) Claims allowed Secured Payments from guaranty fund 14,000.28 --- Per cent of payments to claims allowed Total payments claims Preferred claims. G Dividends paid from collections 140,002.8; , ...— --- eneral claims 10. 011..•••• --- 14,000.28 Total claims. . .. 140,149.20 14,000.2 14,000.2 9.98 fGOING BANK" Period, July 31, 1926 to April 4, 1928 Liabilities 7-31-26 Deposits Bills Payable —Secured Other Liabilities Decrease $216,748.41 25,000.00 125.24 $79,333.87 25,000.00 46.83 $241.873.65 $104,380.70 Per Cent 43.15 The net decrease in liabilities during the "going bank" period and receivership period was 47.84 per cent. Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. . . . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Lax Enforcement of State Bank Laws X 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921 — 22 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 Yrior assessments cannot be determined. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 • [11 Stock savings bank [11 NEBRASKA Mutual savings bank LI Private bank Farmers State alnk 1. Name of bank_ _Belgrade Town or City 2. Date organized 3-26-1910 12-7-1929 Population of town or city* 3. Federal resery district Date suspended Tone hance 493 me mber Member or nonmember of F. R. System N on 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) Decembe r 7, 1929 Loans and discounts: On real estate Other $ 123,853.95 Total loans and discounts ,)25,499.67 Real estate acquired in satisfaction of debts '0 6,000.00 Investments 21,585.21 All other resources 176,938.83 Total resources 15,000.00 Capital 4,894.83 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2,398.74 81,111.86 73,428.29 $ 156,938.89 Total deposits er• Borrowings from F. R. bank "-Borrowings from other banks 105.1.1 All other liabilities 176,938.63 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1910 (Amounts in dollars) Dividends paid from collections Claims allowed —WO ......... *tu-ed claims Irust funds Preferred claims . 30.3b 1361 bZ5.€03 ••• Payments from guaranty fund ....e.• .10 —.a.— 630.38 --- 5,662.95 55,450.25 --- Total claims. . . . 144,916.96 56,060.63 —__ General claims. . .. On.M.I. Total payments Per cent of payments to claims allowed --- 630.36 55,450.25 0.11=1. ••• 56,080.63 100 39.99 0 36.69 _ 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 yes 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 suspen1927 sion? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments Assossiaents prior to suspension not determined. FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following El National bank Name of State [71 State bank E] Trust company • El Stock savings bank EI Mutual savings bank IEB RASKA E] Private bank The Farmers State Bank 1. Name of bank_ • Town or Cityl B e vid ere 2. Date organized 12-14-1916 5-2-21 3. Federal reserve district Date suspended Ten Population of town or city* 4 24 Member or nonmember of F. R. System Nonrnembe r 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Thayer 6. Condition figures, as of (date*) ' ay 2, 1921 Loans and discounts: On real estate Other $ 99,140.10 Total loans and discounts Real estate acquired in satisfaction of debts Investments 8,091.08 All other resources 7,036.59 114,267.87 Total resources 15,000.00 Capital 1,946.36 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 4,567.19 53083.61 30;916.11 $ Total deposits 39,467.21 Borrowings from F. R. bank 6,980.00 Borrowings from other banks 8. '74 30 All other liabilities • 114,257.37 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: J une 30, 1930 (Amounts in dollars) Secured claims. . . . Preferred claims Claims allowed Dividends paid from collections 6,980.00 6,980.00 872442.73 67,226.66 General claims. . .. 874.30 Total claims.... 95,297.03 Payments from guaranty fund --20,216.07 Per cent of payments to claims allowed Total payments .1 69 930•O. 100. a '2 100. — 0. 74,206.66 20,216.07 94,422.7 99.08 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. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) • Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state what industry or type of agriculture 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 Collections on stockholders liability 1923 .)2,200.00 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP 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 CI c) rj National bank Name of State State bank O Trust company • O Stock savings bank O NEBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized ;State Bank of 13elvider e 5-19-1666 3. Federal reserve district Date suspended Ten Town or City - Belvidere ,3e- Population of town or city* Thay e r 424 Member or nonmember of F. R. System__N onmembe r 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) April 15, 1930 Loans and discounts: On real estate Other Total loans and discounts $ 120,470.46 Real estate acquired in satisfaction of debts 6,810.89 Investments 6,672.70 52,795.78 All other resources 186,749.83 Total resources 12,500.00 Capital 3,300.29 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 85,233.14 Time deposits, including postal savings 85,593.58 Total deposits $ 170 826 72 I Borrowings from F. R. bank Borrowings from other banks 114.82 All other liabilities 186,749.83 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 les 9. Is this bank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims C aims not estab' ished to d ate 6-30-30. 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) General Other causes, (specify) eflation Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? yes If so, state what industry or type of agriculture general agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1927 - 28 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments Prior assessments cannot be determined. • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 [xi 354 Name of State State bank EJ Trust company • O Stock savings bank NEBRASKA fl Mutual savings bank ▪ Private bank 1. Name of bank 2. Date organized . Town or City Benedict Farmers State Bank 5-16-1912 3. Federal reserve district Date suspended 9-5-22 Ten Population of town or city* York 522 Member or nonmember of F. R System Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) September 25, 1922 Loans and discounts: On real estate Other $ Total loans and discounts 157,438.72 Real estate acquired in satisfaction of debts \'‘) Investments • 10.096.79 All other resources Total resources 167,535.51 15,000.00 Capital 1,572.09 Surplus and undivided profits Deposits: 456.31 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2,8,392.46 82,236.61 111,085.41 Total deposits Borrowings from F. R. bank 33,733.00 Borrowings from other banks 1,140.01 All other liabilities 167,535.51 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Per cent of payments to claims allowed Total payments Secured claims. . Preferred claims.. General claims. Total claims. 10. Has this bank been finally liquidated? Date liquidation was completed Yes If so give: January 2, 1929 Collections: $ 85,479.17 From liquidation of assets 3,128.68 From assessments on shareholders Other collections (explain) 38,607.35 Total collections Offsets to claims (loans paid, etc.) Impossible to sev.eate Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. . . . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dividends paid from collections 38,738.00 34,990.42 178,462.86 38,594.18 Payments from guaranty fund all NM AM 139,868.68 Total payments 34,990•42 178,462.36 1,140.01 218040.87 Per cent of payments to claims allowed 90.32 100. 9 739 534 .60 1399868*68 213,453.28 97.76 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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? Ye s General farming If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1921-22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Ye 3 If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1928 $ 225.00 ••••••••2...1110.M..0-.10^.1100•0 Total $3,128.61 • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following National bank El Name of State State bank Trust company • Stock savings bank NEBRASKA fl Mutual savings bank L] Private bank 1. Name of bank Citizens State Bank 5-13-1909 2. Date organized 3. Federal reserve district Date suspended Ten Town or City Benkelman 6-11-29 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Dundy 1009 Norms mber 6. Condition figures, as of (date*) June 11, 1929 Loans and discounts: On real estate Other $ 243,072.70 Total loans and discounts 127,656.61 Real estate acquired in satisfaction of debts 605.36 A Investments 26,756.36 All other resources 398,121.03 Total resources 50,000.00 Capital 26,934.47 Surplus and undivided profits Deposits: 1,278.31 Due to banks** Demand deposits, including U. S. Govt. deposits 115,•334.66 Time deposits, including postal savings 257,404.12 $ 374,617.09 Total deposits Borrowings from F. R. bank Borrowings from other banks 433.41 All other liabilities 398,121.03 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. . . Dividends paid from collections --.. None 359,878.10 Total payments ---. Per cent of payments to claims allowed --- 53,981.93 —_— 53,981.93 ...... ...... ....-. 53,981.93 --- 53,981.93 99 4 144•70 Total claims. . . 362,023.10 Payments from guaranty fund 15. ti 0. 14.91 Citizens State Bank, Ben'ce1ni3.n, Nebr. "GOING BANK" PERIOD Liabilities Deposits Bills Payable Other Liabilities February 29, 1928 to June 11, 1929 2-29-28 De crease 11466,261.95 80 387.99 438.41 $91,644.89 80,387.99 547,088.38 178.032.88 Per cent of Net Decrease ••• The net decrease in liabilities during the "going bank" and receivership periods was 43.69 per cent. Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 31.44 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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 Yes 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? 1921-22 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 Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 41396.73 1930 659.11 Total $1055.84 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 I Name of State State bank O Trust company O Stock savings bank O NEBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Farmers Bank 7-26-1906 3. Federal reserve district Date suspended Town or City 11-6-22 Ten County Population of town or city* 473 Member or nonmember of F. R. System_ No nme mber 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Lancaster Bennet 6. Condition figures, as of (date*) November 6, 1922 Loans and discounts: On real estate Other $ Total loans and discounts Real estate acquired in satisfaction of debts 104,869.90 c 9,013.00 \\ Investments 7,097.37 All other resources 120,980.27 Total resources 15,000,00 Capital 4,781.80 Surplus and undivided profits Deposits: 1,918.13 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 23,776.24 61,528.58 87,222.95 Total deposits Borrowings from F. R. bank 22,791.41 Borrowings from other banks 747.71 All other liabilities 120,980.27 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Ye s If so give payments to date: Jane 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims. .. . Preferred claims 22,791,41 22,791041 P37,222,95 18,363.95 Per cent of payments to claims allowed 22,791.41 1000 68,859.00 87,222.95 100. g 4.• ••••• 41•11111. ..• 00 41,155036 110,762.07 Total claims. Total payments MDMI.0 ........ 747.71 General claims. . Payments from guaranty fund 68,859.00 110,014.36 99-95! GO, 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.. . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Failtre of large debtor (Name) Other causes, (specify) Over loaning Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry Yes 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 ? 1921-22 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 Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1923 4,020.00 • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule eac• h bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State State bank O Trust company • LII Stock savings bank O Mutual savings bank NOBASICt O Private bank 1. Name of bank_ 2. Date organized Bennington State Bank 12-14911 3. Federal reserve district Town or CityBennington Date suspended 11-24928 Ton Douglas Population of town or city* 314 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Nonmember 6. Condition figures, as of (date*) November 2, 1928 Loans and discounts: On real estate Other Total loans and discounts 54,257.46 $ Real estate acquired in satisfaction of debts 19,317.61 e\-\ Investments 14,376.84 All other resources 87.951.91 Total resources Capital 25,000.00 Surplus and undivided profits 47,9864,98 Deposits: 30.50 Due to banks** Demand deposits, including U. S. Govt. deposits 24,631.14 Time deposits, including postal savings 66,140.17 $ 110,801.81 Total deposits Borrowings from F. R. bank 011.11••• Borrowings from other banks 137.08 All other liabilities 87,951.91 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this' bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (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 115,470.50 137.08 General claims Total claims. . . . 115.607.58 13,347.46 .1.01.11P 13,347,46 --- --- --- 13,347.46 --- 13,347.46 13-55 11.54 "GOING BANK" PERIOD — April 28, 1927 to November 2, 1928 Liabilities 4-28-27 Deposits Bills Payable (Secured) Other Liabilities Decreases $295,040.71 23,750.00 _221,1E $184,238.90 23,750.00 71t77 $318,999.56 $208.060.67 Per Cent 65.22 The net decrease in liabilities daring the "going bank" period and receiver... ship period was 68.07 per cent. Claims allowed Secured claims Preferred claims... General claims. . . . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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)..;An:A.0w. U.s.q .Z41*, .3/11:1444 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Prior itss9ssments cannot be http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments determined. FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 L Name of State State bank O Trust company O Stock savings bank • NEBRASKA El Mutual savings bank O Private bank 1. Name of bank__XMan old & Glandt Bank 2. Date organized 10-23-1895 3. Federal reserve district Town or City Bennington Date suspended 2-8-1928 Ten Population of town or city*_314 Member or nonmember of F. R. System Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Douglas 6. Condition figures, as of (date*) February 8, 1928 Loans and discounts: On real estate Other Total loans and discounts 60,458.92 $ 6,870.00 Real estate acquired in satisfaction of debts Investments 25,409.93 All other resources 92,738.85 Total resources Capital 15,000.00 Surplus and undivided profits 19,413.89 Deposits: 142.76 Due to banks** Demand deposits, including U. S. Govt. deposits 20,665.67 Time deposits, including postal savings 74,751..80 $ 95,560.23 Total deposits Borrowings from F. R. bank Borrowings from other banks 1,592.51 All other liabilities 92.738.85 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so give: S. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss Secured claims Preferred claims General claims Total 9. Is thisIank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims. .. . Dividends paid from collections --- --- $97•441•34 Preferred claims General claims. . . Payments from guaranty fund 92.51 --- --- $3.897.69 $3,897.70 $7,795.39 _-- --- --- 3,897.70 7,795.39 3,897.69 Total claims. . . 97,533.85 Per cent of payments to claims allowed Total payments 8. 7.99 "GOIN( BANK" PERIOD, May 2, 1925 to Pebruary 8, 1928 Liabilities Deposits Other Liabilities 5-2-25 Decrease $246,449.93 1 792.29 $150,889.70 199.78 $248,242.22 $151,089.48 7'av Per Cent 60.86 / k_111JCLJ LU claims loans paiu, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. . ., Preferred claims . General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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)..1/47r. .$1,t9 OX.Vi 1.0..(1/1.c..$3,1* Department 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921 — 22 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 Collection Stockholders' Lia bility http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Pebruary 9, 1928 — $1500.00 June 23, 1928 — 2250.00 (Real Estate Acquired FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN. BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 3 State bank • LI Trust company LI Stock savings bank LI Mutual savings bank ri Private bank 1. Name of bank 2. Date organized First St ate Bank 1-12-1337 3. Federal reserve district Date suspended Ten Town or City Bert rand 6-2 1-29 Population of town or city* he 1-,Js 697 Member or nonmember of F. R. System__ No nme mbsr 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) June 20, 1929 Loans and discounts: On real estate Other 232,477.68 Total loans and discounts Real estate acquired in satisfaction of debts 72,637.24 Investments 17,919.75 All other resources 21,052.13 394,136.80 Total resources 25,000.00 Capital 10,389.47 Surplus and undivided profits Deposits: Due to banks** 22n.57 Demand deposits, including U. S. Govt. deposits 222,730.76 Time deposits, including postal savings $ Total deposits 303,001.33 Borrowings from F. R. bank 50,746.00 Borrowings from other banks All other liabilities 394,136.30 Total liabilities Ye s 7. Has this bank been reopened? Date of reopening If so give: 10929 -- Name under which reopened First State Bank Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Claims not estabiished before reopening. Preferred claims There /as i 75:"., write-down of unsecured General claims deposit s with which to purchase and Total remove undesirable assets. * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. FIRST STAT7 BANK, BERTRAND Amount Estimated Loss t 22,119.43 285,881.90 None 11L437.26 16.24 4308._001.33 $46,437.26 15.08 Per Cent of Estimpted Loss to Depositors EstimPted Loss On: Securel Deposits 81 Offsets Unsecured Deposits http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total OMR 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) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments _ Secured claims. .. . Preferred claims... • Per cent of payments to claims allowed ' 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) O Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye s 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? 1922-1123 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following National bank Name of State t] State bank O Trust company • O Stock savings bank O Mutual savings bank NEBRASKA 0 Private bank Berwyn State 'wank 1. Name of bank__ 2. Date organized 12-7-1906 3. Federal reserve district Town or City Date suspended 12-23-22 Ten Berwyn 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Custer 205 41111similir 6. Condition figures, as of (date*) De cember 23, 1922 Loans and discounts: On real estate Other 261,447.97 Total loans and discounts 1,193.25 Real estate acquired in satisfaction of debts Investments 1E0,555.89 All other resources 273,197.11 Total resources 15 000.00 Capital 1,291.93 Surplus and undivided profits Deposits: 270.52 Due to banks** Demand deposits, including U. S. Govt. deposits 107,121.68 Time deposits, including postal savings 111,545.13 213,937.33 Total deposits Borrowings from F. R. bank 36,720.91 Borrowings from other banks 1,246.94 All other liabilities 273,197.11 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims Preferred claims 36,720.91 36,720.91 229 ...,000•00 • 37,510.32 General claims. . . . 1,599.04 Total claims.... 260,319.95 Payments from guaranty fund --184,489.68 --- —.— Total payments Per cent of payments to claims allowed 36,720.91 100. 222,000.00 100. in NO!a 0. 74,231.23 10. Has this bank been finally liquidated? 184,498.68 258,720.91 99.38 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) • EXCEIS3 loans Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry Ye s or agriculture? General farming If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? Ye s If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1923 1927 1929 Total -3,900.00 3,9-004110 3,550.00 $11,350.00 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following fl National bank Name of State State bank O Trust company • O Stock savings bank NEBRASKA 0 Mutual savings bank 0 Private bank Beverly State Bank 1. Name of bank_ Date organized 12-12-1916 3. Federal reserve district Town or City Date suspended 1-25. Ten Beverly Population of town or city* Hitchcock 35 Member or nonmember of F. R. System]in rne-Pnikt, 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) November 21, 1925 Loans and discounts: On real estate Other Total loans and discounts 42 143.61 ' $ / Real estate acquired in satisfaction of debts 100.00 2,504.64 Investments 14,t319.81 All other resources 59,56o.06 Total resources 10,.000..00 Capital 8,311.93 Surplus and undivided profits Deposits: 510.61 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 14,754.65 35,944.57 Total deposits $ 51,209.03 Borrowings from F. R. bank 6,500.00 Borrowings from other banks 170.16 All other liabilities 59,568.06 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims Preferred claims... General claims Total claims. . .. Dividends paid from collections 6,500.00 6,500.00 5b,172.10 30,372.16 409,72 65.00 63,0b1.62 441957.16 10. Has this bank been finally liquidated? Payments from guaranty fund ....... 17.799.94 so-17,799.94 Total payments Per cent of payments to claims allowed 6,500.00 100 56,172.10 100 d5.00 20,74 62,757.10 99.48 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . 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 cofumn those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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? Yes 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 ? 1921— 22 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 Collections of stockholders liability, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1926, 1928, TOt.l 0600.00 100.00 700.00 • 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following • National bank Name of State El State bank • Trust company • Stock savings bank [1] Mutual savings bank NEBRASKA [j] Private bank 1. Name of bank American State Bank 2. Date organized 3-5-1917 3. Federal reserve district Date suspended S ings Town or City Bigpr 6-7-29 Ten 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Deuel 403 Nonmember 6. Condition figures, as of (date*) June 5, 1929 Loans and discounts: On real estate Other 60,720.39 Total loans and discounts 12,9'71.33 Real estate acquired ih satisfaction of debts Investments 24,104.40 All other resources 97,796.12 Total resources 30,000.00 Capital 6,889.50 Surplus and undivided profits Deposits: 1,404.40 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings g7,080.68 32,421.54 $ Total deposits 60,906.62 Borrowings from F. R. bank Borrowings from other banks All other liabilities 97,796.12 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1930 (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Per cent of payments to claims allowed Total payments s cli-e oeur.gd_caaira4.. . 11,872.25 11,372.25 --- 11,872.25 100. Preferred claims 61,806.88 61,806.88 --- 61,806.88 100. 73,679.13 100. -- General claims.... None Total claims... 73,679.13 73,679.13 AM I*.. American State Bank, Big Springs, Nebr. "GOING BANK" PERIOD Liabilities Deposits Bills Payable Other Liabilities Total October 17, 1928 to June 5, 1929 10-17-23 *127,689.54 15,000.00 Decrease Per Cent of net Decrease $66,782.92 15,000.00 MP Me.0 *142,689.54 481,782.92 57.29 The net decrease in liabilities during the "going bank" and rec ivership periods was 100 per cent. Claims allowed Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dividends paid from collections Payments trom guaranty fund -A 0, to claims allowed Total payments 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Yes If so, state what industry or type of agriculture Ge ne ra1 farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis No If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following National bank Name of State E State bank O Trust company • Stock savings bank • NEB RASKA fl Mutual savings bank O Private bank The Banking House of Castetter Town or City 1. Name of bank 2. Date organized N-3-1908 3. Federal reserve district Date suspended Ten 3-3-21 Blair 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County :ashington 2702 °member 6. Condition figures, as of (date*) March 3, 1921 Loans and discounts: On real estate Other $ 1,055,393.54 Total loans and discounts Real estate acquired in satisfaction of debts 25,000.00 1,000.00 Investments 103,339.57 All other resources 1,184,783.11 Total resources 100,000.00 Capital 25,298.73 Surplus and undivided profits Deposits: $ Due to banks** 39; 190.13 Demand deposits, including U. S. Govt. deposits.... .... 807 950.30 Time deposits, including postal savings 847,140.43 Total deposits Borrowings from F. R. bank 205,500.00 Borrowings from other banks 6,343.95 All other liabilities 1,184,783.11 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis S. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: Ye'3 June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims 205,500.00 205,500.00 Preferred claims 847P 140.43 274,140.43 General claims. . . 6,843.95 Payments from guaranty fund MO OM ••• 573,000.00 ••• MR .. iM We.0 Total payments Per cent of payments to claims allowed 205,500.00 100. 847,140.43 100. MI •10 .1.. Oa 0. 1 38 Total claims. . . . 0599484 ' 479,640.43 10. Has this bank been finally liquidated? 573,000.00 1,052,640.43 99.34 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. . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Over loaned 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspen3121-1922 sion? 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 assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1923 $'333.34 1/ I/ icilesr; kAdvA:1-1 , z-itRA-ttA Ii7 7 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following • National bank Name of State El State bank O Trust company O Stock savings bank NEBRASKA 9 Mutual savings bank O Private bank 1. Name of bankA_tate Bank of Blair 2. Date organized 1-3-1916 3. Federal reserve district Town or City Date suspended 12-17-27 Ten Blair Population of town or city* 2702 Member or nonmember of F. R. System__Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Washington 6. Condition figures, as of (date*) December 17, 1927 Loans and discounts: On real estate Other $ 167,381.15 Total loans and discounts Real estate acquired in satisfaction of debts 69 238 39 Investments 61,236.30 All other resources 297,855.74 Total resources Capital 50,000.00 Surplus and undivided profits 63,971.91 Deposits: Due to banks** S Demand.depoits, including U. S. Govt. deposiis Time deposits, including postal savings 1,794.27 93.349.81 216,375.90 $ 311,519.98 Total deposits Borrowings from F. R. bank Borrowings from other banks eiN11.• All other liabilities 307.67 297,855.74 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to clainis Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis S. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims • Total 9. Is this'bank'still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund ....I, ......... ........ .......... claims . Total payments , Preferred claims... 297,618,46 23,808.15 --- 23,808,15 General claims 307.67 . I. 297,926.13 --. --- --- 23,808.15 --- 23,808.15 Total claims. . . . Per cent of payments to claims allowed 7.99 7.99 "GOING BANK" PERIOD - June 23, 1924 to December 17, 1927 Liabilities 6-23-24 Deco sits BIlli Payable (Secured) Other Liabilities Decrease $880,715.05 46,700.00 8.819.06 $569,195.07 46,700.00 8.511.39 $936,234.11 $624,406.46 The net decrease in liabilities during the period was , 70.72 Der cent. Claims allowed Secured claims Preferred claims.. General claims. . . . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - Dividends paid from collections Per Cent of Net Decrease 66.69 going bank" period and receiversh ip 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).Lax .lcztforcoment of State Bank Laws 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1923. - 22 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 Collection Stockholders' Liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 7-31-30 $733.33 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 NEBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Citizens State Bank 8-28-1399 3. Federal reserve district Date suspended Ten Town or City 11-4-25 B1oomfield 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Knox 1431 Nonmember 6. Condition figures, as of (date*) November 4, 1925 Loans and discounts: On real estate Other $ Total loans and discounts 905,192.07 / 69,754.80 Real estate acquired in satisfaction of debts 0,\9 Investments 41,721.42 All other resources 11p16,663.29 Total resources 50,000.00 Capital 11,115.83 Surplus and undivided profits Deposits: $ Due to banks** .29,523.50 Demand deposits, including U. S. Govt. deposits 280,485.96 Time deposits, including postal savings 569,872.06 $ Total deposits 879,881.62 Borrowings from F. R. bank 70,471.11 Borrowings from other banks 5,199,73 All other liabilities 11016.651.29 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: (Amounts in dollars) Dividen s ppl..-ifo •• •• Claims allowed • ID Secured claims. .. . Preferred claims... 8301571.23 ---148-,q21.73 General claims 3,321.96 Total claims -4033-8-16..ff4 Pa ents from iaranty fund .....— 69,923.65 64T9 218,244.88 June 30, 1930 70,,4*7/ // 682,250.00 682,250.00 Per cent of payments to claims allowed al payments -69,923.6 100. 830,571.2 ........ 100. 0. 99.63 v 9DI,D4c.l 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Over loaned Other causes, (specify) • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Yes General farming If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 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 Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1926 1927 Total 11187 b,000.00 $ 5,011 OD__ FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP 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 O Name of State State bank O Trust company O Stock savings bank :EBRASKA 0 Mutual savings bank O Private bank 1. Name of bank 2. Date organized Farmers a Merchants Bank 3-30-1390 3. Federal reserve district Date suspended Ten Town or City 2-3-29 Bloomfield 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Knox 1431 Norime m be r :February 3, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 288,7(33.44 Total loans and discounts 72,)07.18 Real estate acquired in satisfaction of debts Investments • 22,402.53 All other resources 384,093.30 Total resources 50,000.00 Capital Deficit Surplus and undivided profits 6,063.67 Deposits: 2,179.69 Due to banks** 116,633.66 Demand deposits, including U. S. Govt. deposits 201,950.67 Time deposits, including postal savings $ Total deposits 320,319.02 Borrowings from F. R. bank 11,135 Borrowings from other banks 1,202.03 All other liabilities 314,093.30 Total liabilities 7. Has this bank been reopened? Yes If so give: 1-10-29 Date of reopening Name under which reopened Farmers If.erchants Bank Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims C1f3,ims not eqtabVshed beforr Preferred claims There was a 55',1) write -down of unsecured General claims deposits with which to purchase and openirg. remove undesirable assets. Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. FATTPS & YERCEANTS BANK, BLOOYFITLD Amount Estimsted Loss Per Cent of Estimstei Loss to Denositors r,stimsted Loss On: Secured Deposits & Offsets Unsecured Denosits 66http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Totsl $ 19,033.72 301.785.30 $320,819.02 None $105.523.23 34.97 32.89 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Ye s If so, state what industry or type of agriculture Gene ral farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 9,4 National bank Name of State [3 State bank O Trust company O Stock savings bank • 111 Mutual savings bank 7,EBRASKA O Private bank 1. Name of bank Nebraska State Bank 2. Date organized 2-2-1914 3. Federal reserve district Date suspended Ten Town or City Bloomfield- 2-25-29 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Knox 1431 Nonmember :ebruarv 25, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 474,948.20 Total loans and discounts Real estate acquired in satisfaction of debts 63,933.36 Investments 132,095.18 All other resources 670,977.24 Total resources 25,000.00 Capital 11,563.53 Surplus and undivided profits Deposits: $ Due to banks** 3,278.63 239,692.29 Demand deposits, including U. S. Govt. deposits 307,442.74 Time deposits, including postal savings 599,413.66 Total deposits Borrowings from F. R. bank 35,000.00 Borrowings from other banks All other liabilities 670,977.24 Total liabilities 7. Has this bank been reopened? Ye s If so give: 5-829 - Date of reopening Nebraska State Bank Name under which reopened Loss to depositors on: Secured claims Amount of loss Claims not establish Per cent of loss to claims before Preferred claims..... rP.Opening.. .Thera .was a 9rifi. General claims Total .Writ/r.d.wiri .clf UM@ cured dep osi ts with which to purchase and remove undesirable assets. * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Ineludinci certifipri aml rach;prc' r.1-tor.1ro "net, 1,A-4 -1- _ 1 • • 1• NEBRA.SKA. STITE BANK, BLOOVFIELD. Amount Estimated Loss Per Cent of Estimated Loss to DePositors Estimated Loss On: Secured Deposits & Offsets Unsecured Deposits Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis t45,921.69 553 491.97 *599 413.a6 None $104,028.72 18.79 t104,028.72 17.35 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Secured claims. . . . Per cent of payments to claims allowed — 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 &edit 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? Ye s. If so, state what industry or type of agriculture Ge ne ral farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1922-1)23 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following ▪ National bank gg State bank Name of State El Trust company • Stock savings bank • [] Mutual savings bank XMAS:KA ▪ Private bank 1. Name of bank Farmers State Bank 2. Date organized 4-49-1910 3. Federal reserve district Town or City Date suspended 6-1-1929 Ten Bloomington Population of town or city* 503 Member or nonmember of F. R. System Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Pranklii 6. Condition figures, as of (date*) June 1, 1929 Loans and discounts: On real estate Other $ Total loans and discounts 50,121.61 4,207.15 Real estate acquired in satisfaction of debts Investments 10,961.47 All other resources 65,290.23 Total resources Capital 20,000.00 Surplus and undivided profits 23,446.56 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 39,232.39 29,502.26 $ Total deposits 68,734.65 Borrowings from F. R. bank Borrowings from other banks 2.14 All other liabilities 65,290.23 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis S. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims 'Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Trust Funds Siectred-cinirrrs.. . . 33.27 Preferred claims... 447.86 69, General claims. . . . 53.33 Total claims.... 69,534.46 Dividends paid from collections --- Payments from guaranty fund 6,944.92 Per cent of payments to claims allowed --- 6,944.92 .1...0.1. Total payments 6,944.92 10. NM.. --- 9.98 6,944.92 "GOING BANK" Period — May 15, 1928 to June 1, 1929 Liabilities 5-15-28 Decrease Deposits $96,127.74 Bills Payable (Secured) 15.400.00 $27,393.09 15 400,00 $111,527.74 $42,793.09 Per Cent 38.36 The net decrease of liabilities during the "going bank" leriod and receivership period was 48.20 per cent. Claims allowed Secured claims Preferred claims General claims. . . . Total claims. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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)Lax Enforcement of State Bank Laws 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1923. — 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments karior assessments cannot be determined. FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 11J National bank Name of State State bank [11 Trust company [::1 Stock savings bank • Mutual savings bank LI Private bank Farmers State Bank 1. Name of bank_ 3—121917 2. Date organized ' 3. Federal reserve district Town or City Date suspended 12-17-1928 Ten Boelus Population of town or city* 259 Member or nonmember of F. R System_Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Howard 6. Condition figures, as of (date*) 12-17-1928 Loans and discounts: On real estate Other $ Total loans and discounts Real estate acquired in satisfaction of debts 46,031.46 6,250.00 Investments AID 4010. WO 21,792.81 All other resources 74,074.27 Total resources 15,000.00 Capital Surplus and undivided profits Deficit 32,960.75 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 8,944.23 74.926.42 83,870.65 Total deposits Borrowings from F. R. bank Borrowings from other banks 8,164.37 All other liabilities 74,074.27 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured General claims 1,99743 Total claims.... 87.959.86 12,894.42 --- ___1,925.44._____ Per cent of payments to claims allowed --- --- 12,894.42 Preferred claims... 85,962.83 Total payments --- .......... None claims Payments from guaranty fund 14.99 1,925.44` - 14,819.86 14,819.86 16.84 "GOING BANK" PERIOD - July 13, 1927 to December 17, 1928 Liabilities Increase 7-13-27 Per Cent Decrease Deposits Bills Payable (Secured) Other Liabilities $119,523.12 22,833.65 171.29 $35,652.47 22,833.65 7,993.08 $142,528.06 $50.493.04 35.4 The net decrease in liabilities during the "going bank" and receivership periods was 48.68 per cent. Claims allowed Secured claims Preferred claims General claims Total claims. . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . 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).. 144X. 51-P.11 .121r Bank i)engt.r.t,Tent 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes Collections: Stockholders' Liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments December 17, 1928 - $8100.00 January 31, 1929 352.00 July 17,1929 148.00 • 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following fl National bank Name of State El State bank [::] Trust company LI Stock savings bank LI Mutual savings bank NEBRASKA [i] Private bank 1. Name of bank 2. Date organized Boone State Bank 5-1t-1905 3. Federal reserve district Date suspended Ten Town or City 5-23-29 Boone Population of town or city* 125 Nlember or nonmember of F. R. System Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Boone County 6. Condition figures, as of (date*) !lay 23, 19,29 Loans and discounts: On real estate Other 6,713.52 Total loans and discounts 21 132.83 Real estate acquired in satisfaction of debts Investments 25,208.31 All other resources 34,054.66 /07-1 10-,-049-ireer 000, o0 6,945.38 Total resources Capital Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 9,951.84 19,848.20 $ Total deposits 29,800.04 Borrowings from F. R. bank Borrowings from other banks 1,200.00 All other liabilities 34,054.66 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 s 9. Is this bank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims. . General claims. . . . Total claims. ... Payments from guaranty fund Per cent of payments to claims allowed Total payments None 30,547.31 Preferred claims Dividends paid from collections None 30,547.31 6,109.54 --- 6,109.54 _-- --- --- 6,109.54 --- 6,109.54 20. 20. Boone State Bank, Boone, Nebr. "GOING BANK" PERIOD Jura 16, 1928 to May 23, 1929 Liabilities 6-16-28 Decrease Deposits Bills Payable Other Liabilities i47,908.10 3,500.00 18,103.06 3 1500.00 Total $51,408.10 Per Gent of Net Decrease 4.0 MD Ile $21,608.06 42.03 The net decrease in liabilities during the "going bank" and receivership periods was 52.46 per cent. Claims allowed Secured claims. Preferred claims. General claims. . . . Total claims. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis collections guaranty fund- 'Taal-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) Insufficient operating income • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or ag-riculture? Yes General farming If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or atter the bank suspended? Yes If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 $1,202.91 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following o National bank Name of State • State bank O Trust company O Stock savings bank • El EB RASKA Mutual savings bank O Private bank 1. Name of ban 2. Date organized Bostwick State Bank 5-17-1910 3. Federal reserve district Date suspended Ten Town or City 3 -9-26 Bostwick 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Nuckolls 219 Nonmember 6. Condition figures, as of (date*) rc h 9, 1926 Loans and discounts: On real estate Other $ 213,351.89 Total loans and discounts 14,400.00 Real estate acquired in satisfaction of debts Investments 11,710.45 All other resources 239,462.34 Total resources 15,000,00 Capital 1,434.52 Surplus and undivided profits Deposits: Due to banks** 30,029.27 Demand deposits, including U. S. Govt. deposits 53,376.41 Time deposits, including postal savings 50,237.34 133,643.02 Total deposits Borrowings from F. R. bank 90,222.01 Borrowings from other banks 2,031.13 All other liabilities 239,462.34 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Secured claims. . . . Preferred claims General claims. . . . Total claims.. .. Claims allowed Dividends paid from collections 90,250.. 909250.71 137,379.8' 22,779.88 1149600.00 137,379.88 --- _—_ --- 113,030.59 114,600.00 227,630.59 655,2' 228,285.9s Payments from guaranty fund me m• NM Total payments I Per cent of payments to claims allowed 90,250.1 100. 100. 0. 99.71 DP8, 9 5T1 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund ...._ Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Ove r 19a.nixig Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye s 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 suspen1991-22 sion? 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis No If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following • National bank Name of State • State bank • Trust company • • Stock savings bank fl NEBRASKA lutual savings bank • Private bank Farmers State Bank 1. Name of bankTown or City Bradisil 2. Date organized 2-7-1919 3. Federal reserve district Date suspended Ten 5-23-29 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Boone County 53 N onme ab e r 6. Condition figures, as of (date*) Way 23, 1929 Loans and discounts: On real estate Other 2'1,529.37 Total loans and discounts 5,533.43 Real estate acquired in satisfaction of debts rV\\ Investments 410 15,022.29 All other resources 49,085.09 Total resources 0,996.09 Capital Surplus and undivided profits Deposits: 2.00 Due to banks** Demand deposits, including U. S. Govt. deposits 11,.897.99 36,948.95 Time deposits, including postal savings 48,848.94 Total deposits Borrowings from F. R. bank 616.30 Borrowings from other banks 615.94 All other liabilities 49,085.09 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 0-11-V 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims • Preferred claims General claims • Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: Juno 30, 1930 (Amounts in dollars) Claims allowed 616 Secured claims. . . Preferred claims Dividends paid from collections Payments from guaranty fund ••••• v.. Total payments oloslimpo .30 Per cent of payments to claims allowed OS Om 4.0 00 . 56,424.22 General claims 784.15 Total claims 57,824.67 3,463.63 --- 8,463.63 14.99 —_— --- _-- O. --.. 8,463.63 3,463.63 14.63 Farmers State Bank, Bradish, Nebr. "GOING BANK" PERIOD September 13, 1928 to May 23, 1929 Liabilities Deposits Bills Payable Other Liabilities Total 9-13-28 Decrease $49,154.57 1,616.30 615.94 $ 305.63 1,000.00 $51,386.81 $1,305.63 Per Gent of Net Decrease 'MD OM 2.54 The net decrease in liabilities during the "going bank" • and receivership periods was 3.94 per cent. - Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . ., ....• ............, .....,.., I• ,,,I. 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Insufficient operating income Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Yes 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? 1921-22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis No If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State rj State bank 0 Trust company • O Stock savings bank fl Mutual savings bank I,EBRASKA O Private bank 1. Name of bank__ 2. Date organized Brady State Bank 6-13-1907 3. Federal reserve district Town or City Date suspended 6-6-29 Ten Brady 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Line oln 400 Nonmember 6. Condition figures, as of (date*) June 6, 1929 Loans and discounts: On real estate Other None Total loans and discounts 4,160.00 Real estate acquired in satisfaction of debts Investments 16,904.72 All other resources 21,064.72 Total resources Capital 25,000.00 Surplus and undivided profits 43,343.95 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 20,389.11 Time deposits, including postal savings 1t; 481.15 $ 38,870.26 Total deposits Borrowings from F. R. bank Borrowings from other banks 538.41 All other liabilities 21,064.72 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1930 (Amounts in dollars) Claims allowed Trust funds xxSsku-McglIkiiits. .. . Preferred claims Dividends paid from collections Total payments Per cent of payments to claims allowed 295.81 --.. --" --- 0. 39,301.70 3,980.35 --- 3,980.35 10. --" --- --- 0. 3,980.35 --- 3,980.35 572.81 General claims. . . 40,670.32 Total claims. Payments from guaranty fund 9.78 Brady State Bank, Brady, Nebr. "GOING BANK" PERIOD April 13, 1928 to June 6, 1929 4-13-28 Liabilities Deposits Bills Payable Other Liabilities Total Increase Decrease $129,929.29 8,000.00 435.63 $91,059.03 8,000.00 102.78 $138,364.92 $98,956.25 Per Cant of Net Decrease 71.51 The net decrease in liabilities during the "going bank" and receivership periods was 73.48 per cent. Claims allowed Secured claims Preferred claims... General claims Total claims. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dividends paid from collections Payments from guaranty fund Per-eel-it 01 plyrrierfts Total payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify).. • n.$n.t..QpPr.ting.ir.c.(guo Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye s 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? 1921-22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis No If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O C'.(1' National bank Name of State [11 State bank O Trust company O Stock savings bank O NEBRASKA Mutual savings bank O Private bank 1. Name of bank__B raYt on State Bank 2. Date organized 7-2-1907 3. Federal reserve district Date suspended Ten Town or City 12-21-26 Brayt on 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Greeley 75 a, er No mmb 6. Condition figures, as of (date*) December 21, 1926 Loans and discounts: On real estate Other $ 58,919.25 Total loans and discounts 4,715.98 Real estate acquired in satisfaction of debts • Investments 5,431.71 All other resources 69,136.94 Total resources 10 000.00 Capital 5,434.18 Surplus and undivided profits Deposits: 127.85 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2,3;144.25 31;762.72 $ 60,034.12 Total deposits Borrowings from F. R. bank 4,400.00 Borrowings from other banks 136.30 All other liabilities 69,136.94 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 s 9. Is this bank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims. . Preferred claims General claims. . . Total claims . Payments from guaranty fund Total payments 4,400.00 4,400.00 ...... 4,400.00 53„775.77 13t 759.23 40,006.76 53,765.99 --- MO .... MO ....PO 18,159.23 40900676 • 233.17 58 9 408694 Per cent of payments to claims allowed 100. 99.98 0. 53,165.99 99.58 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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) Insufficient operating income • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Yes 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? 1921-22 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 Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1927 $1.10.91 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State O State bank O Trust company O Stock savings bank • O NEB RASKA Mutual savings bank 0 Private bank Breslau State Bank 1. Name of bank__ 2. Date organized Town or City 10-21-1n3 3. Federal reserve district Pierce 59 Member or nonmember of F. R. System Nom:comber 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Population of town or city* Date suspended Ten Breslau 6. Condition figures, as of (date*) June 1, 1929 Loans and discounts: On real estate Other 58,452.40 Total loans and discounts 23,506.21 Real estate acquired in satisfaction of debts Investments 22,750.31 All other resources 114,708.92 Total resources Capital 20,000.00 Surplus and undivided profits 27,970.40 Deposits: 3,295.30 Due to banks** Demand deposits, including U. S. Govt. deposits 53,403.75 Time deposits, including postal savings 65,354.90 $ Total deposits 122,053.95 Borrowings from F. R. bank Borrowings from other banks 625.37 All other liabilities 114,708.92 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Claims allowed Secured claims Yes If so give payments to date: (Amounts in dollars) Dividends paid from collections Payments from guaranty fund None .. June 30, 1930 Total payments -_- --- Per cent of payments to claims allowed 120.076.52 --- -_- --- O. 3,645.22 --- --- --- 0. .123,721.74 Total claims. -_- --- --- O. Preferred claims. General claims..... Breslau State Bank, Breslau , Nebr. "GOIKG BANK" PERIOD Liabilities Deposits Bills Payable Other Liabilities Total July 24, 1928 to June 1, 1929 7-24-28 Decrease *156,330.57 18,000.00 3 653 c-—3.---24 $34,276.62 18,000.00 2,761.16 $177,117.10 $55,037.78 The net decrease in liabilities during the "going bank" and receivership periods was 30.38 per cent. Secured claims Preferred claims... General claims. ... Total claims. . . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per cent of Net Decrease 0.96 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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) • xcgt.s4 10.8.40 Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry Yes or agriculture? General farmigg If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 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 Collections cn stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 $1,933.36 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 1:1 National bank C2 Name of State State bank • Trust company ID Stock savings bank • NZBRASICA • Mutual savings bank • Private bank 1. Name of bank BilidgepLort Bank 2. Date organized 4-2D-1SO° 3. Federal reserve district Town or City Bridgeport Date suspended 9-27-1927 Ten County Population of town or city* Morrill 1235 Member or nonmember of F. R. System_ Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis a 6. Condition figures, as of (date*) September 27, 1927 Loans and discounts: On real estate Other $ Total loans and discounts 254,438.55 100,735.87 Real estate acquired in satisfaction of debts \ Investments ,- 28,904.16 All other resources 384.078.58 Total resources 25,000.00 Capital Surplus and undivided profits Deficit 74,106.59 Deposits: $ Due to banks** 1.016-71 Demand deposits, including U. S. Govt. deposits 176.856.05 Time deposits, including postal savings 224,705.24 407 580.00 Total deposits ionNeam Borrowings from F. R. bank Borrowings from other banks 25,605.17 All other liabilities 384,078.58 Total liabilities 7. Iias this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 0 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yee If so give payments to date: June 30. 1930 (Amounts in dollars) Claims allowed Secured claims None Preferred claims $406,589.49 General claims 605.17 Total claims 407,194.66 Dividends paid from collections Payments from guaranty fund Per cent of payments toclaimsallmed Total payments $40,811.93 --- $40,811.93 --- --- --- 0 40,811.93 ....... 40,811,93 10.02 10,03 "GOING BANr" PERIOD - May 15, 1925 to September 27, 1927 Liabilities Deposits Bills Payable (Secured) Other Liabilities Total 9..27..1927 Increase Decrease $651,772.93 54,000.00 6,739.18 $244,192.93 54,000.00 18,865.99 $712,512.11 $279,326.94 Per Cent of Net Decrease 39.1 The net decrease in liabilities during the "going bank" and receivership periods was 48.57 per cent. Claims allowed Secured claims. . Preferred claims General claims. . . . Total claims. . .. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis _ collections guaranty fund Total payments a11Owed to claims. 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify).TAX. .f.Qrc ement of State Banking Laws 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921. — 22 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 Collections on Stockholders' Liability Settled: http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Oct. 1, 1927 - $25.000.00 • 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 306 fl National bank Name of State 53 State bank o Trust company • Stock savings bank • NEBPASKL [I] Mutual savings bank O Private bank 1. Name of bank Nebraska State Bank 2. Date organized 3-6-1916 3. Federal reserve district Town or City Date suspended 5-294929 en Bridgeport Population of town or city* 1235 Member or nonmember of F. R. System Nonmember 4. Number of branches operated: In city of parent Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time Of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Morrill 6. Condition figures, as of (date*) May 29, 1929 Loans and discounts: On real estate Other Total loans and discounts 83,583.21 $ 45,014.60 Real estate acquired in satisfaction of debts Investments 34,673.79 All other resources 163,271.60 Total resources 25,000.00 Capital 9,219.51 Surplus and undivided profits Deposits: . 6,061.65 Due to banks** Demand deposits, including U. S. Govt. deposits .90,293.77 Time deposits, including postal savings 50,838.84 $ Total deposits 147,194.26 Borrowings from F. R. bank Borrowings from other banks 296.85 All other liabilities 163,271.60 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank' If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) % \o j' I.,'laims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed (-1 Trust F1121AS'? Smnred-t-Iffirns Preferred claims General claims 4.229.30 _al _ 5,985.38 390.85 Total claims. .. 150,605.53 "GOING ELM" \\' 3,314.06 ........ 29,197.11 --- 29,197.11 20 --- --- ....— 0 32,511.17 --- 32,511.17 -1 3,314.06 78.25 21.58 Period April 10, 1928 to May 29, 1929 Liabilities Deposits Bills Payable (Secured) Other Liabilities 4-10-28 Decrease $233,606.20 33,007.90 296.85 $86,411.94 33,007.90 $266,910.95 $119,419.84 Per Cent of Net Decrease 44.74 The total decrease of liabilities during the "going bank" period and receivership period was 55.75 per cent. V-1111uu1It, Claims allowed Secured claims Preferred claims General claims. . . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 foltowing which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial 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) Paiittre-th-lerge-riebtertNetrne) olati tat.e. .34.41X.TA7.!1 . O..8 Other causes, (specify)lax. Su.pervieion.by .Bank .Department 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 192]. — 2,2 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis No If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State Elt State bank O Trust company • O Stock savings bank El Mutual savings bank 1EB RASKA O Private bank 1. Name of bank 2. Date organized Ame rican Exchange Bank 8-264902 3. Federal reserve district Date suspended Town or City 1-11-23 Ten Brist 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Boyd 255 Nomemb e r 6. Condition figures, as of (date*) January 16, 1923 Loans and discounts: On real estate Other $ 247,965.22 Total loans and discounts Real estate acquired in satisfaction of debts 1 , 93436.22 Investments 15,308.96 All other resources 356,710.40 Total resources 25 000.00 Capital 3,963.51 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 4;259.20 22;061.6' , 233,197.76 259,518.53 Total deposits Borrowings from F. R. bank 75,239.23 Borrowings from other banks 921.10 All other liabilities 356,710.40 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1930 (Amounts in dollars) Secured claims. Preferred claims Claims allowed Dividends paid from collections 75,239.23 75,239.23 —_— 304/ 160•39 1,260.05 302,900.34 --.. --- 3,965.68 General claims Total claims. . . 76,499.28 388,365.30 Payments from guaranty fund 302,900.34 Total payments Per cent of payments to claims allowed 75,239.23 100. 304,160.39 100. --379,399.62 O. 97.G9 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Yes 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? 1920 to 1922 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis No If so, give dates and amounts of all assessments c( 9o,J" PAAJ1 ovz 12J-kx-P-Awsliit wo-ka-11_ FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING _ BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following o National bank Name of State n State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of 2. Date organized Broadwater Bank 4-12-1909 Date suspended 3. Federal reserve district Ten Town or City 7-10-23 Broadwater Population of town or city* Morrill 367 Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) October 27, 1923 Loans and discounts: On real estate Other Total loans and discounts 232897.66 $ 36,775.45 Real estate acquired in satisfaction of debts Investments ,784 35 5. All other resources 275,457.46 Total resources 25,000.00 Capital 1,213.22 Surplus and undivided profits Deposits: 7,490.37 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 84,637.57 71,354.09 154,032.03 Total deposits Borrowings from F. R. bank 86,150,01 Borrowings from other banks 1,488.64 All other liabilities 275,457.46 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims Preferred claims Payments from planarity fund Per cent of payments to claims allowed Total payments 86,150.01 86,150.01 -_- 162,899.28 20,824.28 142,075.00 162,399.28 -_- -_- --- 0. 142,075.00 249,049.29 99.53 General claims.... 1,161.10 rr.,4-1 oims ni.,.. 250,210.39 106,974.29 86,150.01 100. 100. Broadwater Bank, Broa&ater, Nebr. "GOING BANK" PERIOD Lia.b ilit es 740-23 Deposits Bills Payable Other Liabilities Total July 10, 1923 to Cctober 27, 1923 Increase Decrease $163,213.36 94,411.00 1,488.64 $ 818.67 8,260.99 --- $259,113.00 $7,442.32 Per Cent of Net Decrease 2.87 The net decrease in liabilities during the "going bank" and receivership periods was 99.55 per cent. Claims allowed Dividends paid from collections • Secured claims Preferred claims. General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . 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? Ye s 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? 1921-22 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis No If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following o National bank Name of State El State bank IJ Trust company El Stock savings bank • :EBRASKA O Mutual savings bank [j] Private bank 1. Name of bank Custer State Bank 2. Date organized 1-20-1916 3. Federal reserve district Date suspended Ten Town or City 2-13-29 Broken Bow Population of town or city* Custer 2567 Member or nonmember of F. R. System Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) February 13, 1929 Loans and discounts: On real estate Other $ Total loans and discounts 99,218.25 Real estate acquired in satisfaction of debts 13,464.06 c:1\ Investments 32,825.53 All other resources 145,507.84 Total resources Capital 35,000.00 Surplus and undivided profits 34,279.94 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 0,199.98 Time deposits, including postal savings 81,440.40 $ 144,640.38 Total deposits Borrowings from F. R. bank Borrowings from other banks 147.40 All other liabilities 145,507.34 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Ye s If so give payments to date: june 30, 1930 (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund --- None Per cent of payments to claims allowed Total payments . Mb .... OW Secured claims. . . Preferred claims 146,911.67 General claims 147.40 Total claims 147,059.07 14,732.14 --- --- -- 14,732.14 -__ 149 732.14 10.02 O. --- 14,732.14 10.01 Ouster State Bank, Broken Bow, Nebr. "GOING BANK" FERIOD September 26, 1927 to February 12, 1929 Liabilities Deposits Bills Payable Other Liabilities Total 9-26-27 Decrease ,?1270,894.16 37,867.20 390.88 $126,253.78 37,867.20 243.48 $309,152.24 $164,364.46 Per cent of Net Decrease 53.16 The net decrease in liabilities during the "going bank" and receivership periods was 57.19 per cent. - - Clarrns"anCITweti Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - - colleamns - - - 7tiallieLyrmM - - 1MarpfflynINIM - "toMailbs—alio—weU 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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? Ye s Gene ral farming If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 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 assessments Collection on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 $50.00 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 ) r• xi, we National bank Name of State EI State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank • Private bank Brownlee State Bank 1. Name of bank_ 2. Date organized 11-6-1912 3. Federal reserve district Date suspended Ten Town or City Brownlee 6 -1-29 Population of town or city* Che rry 85 Member or nonmember of F. R. System_o nrne mbe r 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) June 1, 1929 Loans and discounts: On real estate Other $ 16,635.27 Total loans and discounts 3,166.00 Real estate acquired in satisfaction of debts Investments 1,919.47 All other resources 21,720.74 Total resources 15,000.00 Capital 4,373.70 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 9,294.96 Time deposits, including postal savings 2,249.05 $ 11,544.01 Total deposits Borrowings from F. R. bank Borrowings from other banks 55.43 All other liabilities 21,720.74 Total liabilities 7. I-las 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 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 June 30, 1930 Total payments Per cent of payments to claims allowed Secured claims Preferred claims General claims. . 12,001.01 61.21 12,062.25 Total claims 960.13 --- 960.13 3. --- --- --- O. 960.13 --- 960.13 7.95 Brownlee State Bank, Brownlee, Nebr. "GOING BANK" PERIOD February 23, 1928 to June 1, 1929 Liabilities Deposits Bills Payable Other Liabilities Total 2-28-28 $43,681.86 Decrease Per Cent of litb Recrea.se $32,137.85 55.43 $43,737.29 $32,137.85 73.47 The net decrease in liabilities during the "going bank"and receivership periods was 74.61 per cent. Claims allowed Secured claims Preferred claims General claims. . . . Total claims. . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dividends paid from collections Payments from guaranty fund Tercet dr prynienn Total 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) Insufficient income • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry Yes 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? 1921-22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 0 If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following • National bank gi Name of State State bank • Trust company EJ Stock savings bank S Mutual savings bank NEBRASKA • Private bank L Name of bank Brownville State Bank 22. Date organized21-1913 3. Federal reserve district Date suspended Town or City 5-6-1926 Ten Brownville Population of town or city* Nemaha 463 Member or nonmember of F. R. System_Nemernber 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) May 6, 1926 Loans and discounts: On real estate Other Total loans and discounts 40,233.62 $ 8,495.60 Real estate acquired in satisfaction of debts Investments 9,11477 All other resources 57,843.99 Total resources 15,000.00 Capital 00•11.111.11 Surplus and undivided profits Deposits: .45 Due to banks** Demand 'deposits, including If S. Govt. deposits 26;037.95 Time deposits, including postal savings 16,650.95 $ 42,689.35 Total deposits ••••411111.1. Borrowings from F. R. bank ••••••••M Borrowings from other banks 154.64 All other liabilities 57,843.99 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1930 (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund Per cent of payments to claims allowed Total payments claims Preferred claims... 42,528.64 294.14 General claims Total claims. ... 429 822 .78 "GOING BAYKD 32,809.12 9,719.52 --- 42,528.64 --- 32,809.12 100 --- 9,719.52 0 42,528.64 99.31 PERIOD February 8, 1926 to May 6, 1926 Liabilities Deposits Other Liabilities 2-8-1926 Increases Decreases $49,131.25 229.74 $49,360.99 $13,442.35 6,55.35 $ 6,517.00 per Cent of Net Decrease 13.2 The net decrease in liabilities (Depositors Guaranty Fund Excluded) during the "going bank" period and receivership period was 99.4 per cent. (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. . . . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - Dividends paid from collections Payments from guaranty fund Total payments • Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) • Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921 — 22 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 Collection — Stockholdersi Liability 6-29-29 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 400.00 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 supervisory authorities or by the bank's board of directors on account of financial difficulties. This by form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following o National bank Name of State [3 State bank Ej Trust company 0 Stock savings bank • fl Mutual savings bank Nebraska.. O Private bank 1. Name of bank Brownville State Bank 2. Date organized 2-21-1913 3. Federal reserve district Date suspended Town or City 4v8-1921 Ten Brownville Population of town or city* 463 Member or nontnember of F. R. Systeni_ Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) Anril 7, 1991 Loans and discounts: On real estate Other Total loans and discounts $ 81,085.26 Real estate acquired in satisfaction of debts None Investments 1450.00 All other resources 3.374.79 Total resources 84,710.05 Capital 15.000.00 1,274.16 Surplus and undivided profits Deposits: $ Due to banks** 5.101.52 Demand deposits, including U. S. Govt. deposits 24.780.91 Time deposits, including postal savings 18.738.27 $ Total deposits 48,620.70 Borrowings from F. R. bank 19,042.33 Borrowings from other banks 772.86 All other liabilities Total liabilities 84,710.05 7. Has this bank been reopened? Date of reopening Yes If so "give: 4--13-1991 Name under which reopened Loss to depositors on: 7-;rownville Stste Bank Amount of loss Per cent of loss to claims Secured claims Preferred claims Thre was no loss to Depositos. General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims Preferred claims General claims. Total claims. . . _ 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 crecIft 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1920 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessmentc AARessments not determined. FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK .SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently authorities or by the bank's board of directors on account of financial difficulties. This supervisory by should not be used for merged or consolidated banks but should be used for those banks susform pended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 0 Trust company D Stock savings bank O Mutual savings bank IsEB RA3KA O Private bank 1. Name of bankTheBrunswick State Bank 2. Date organized 12-14-1915 3. Federal reserve district Town or City Brunswick 8-22-29 P Date suspendedPopulation of town or city* Ten Antelope 359 Member or nonmetnber of F. R. System_ Nonme tnb e r 4. Number of branches operated: In city of parent bank_ Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) August 22 1999 Loans and discounts: On real estate Other 142,281.83 Total loans and discounts Real estate acquired in satisfaction of debts 411818.58 Investments 12,000.00 All other resources 54,018.40 0 250,118.81 Total resources 24,900.00 Capital 981.62 Surplus and undivided profits Deposits: Due to banks** 133,805.37 Demand deposits, including U. S. Govt. deposits 85,431.82 Time deposits, including postal savings 219,237.19 Total deposits Borrowings from F. R. bank 5,000.00 Borrowings from other banks All other liabilities 250,118.81 Total liabilities 7. Has this bank been reopened? Date of reopening Name under which reopened Yes If so give: 6-21-30 Brunswick State Bank Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Claims not establisshed before reopening. Preferred claims There was a 701. write—down of unsecured General claims deposits with which to purchase and Total remove undesirable assets. * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' nholec ntitetarirlinr. THE BRUNSWICK STATE BANK. Amount Estimeted Loss Per Cent of Estimatdd Loss to Depositors 7stimmted Loss On: Secured Deposits & Offsets Unsecured Deposits Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 14,237.19 2050o12,22 Inlaa10.9 NoNe t65.700.00 165.700.0n 32.05 . 29.97 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Payments from guaranty fund Dividends paid from collections Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed _ Secured claims. ... Preferred claims.. • General claims. ... Total claims. ... If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claiii1,; Preferred claims General claims. . . . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Yes If so, state what industry or type of agriculture Gene ral farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 2.q22-1 )23 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following • National bank g Name of State E State bank • Trust company O Stock savings bank • El Mutual savings bank NEBRASKA. El Private bank Farmers State Bank 1. Name of bank_ 24 2. Date organized 11--1915 3. Federal reserve district Town or City Brunswick Date suspended 3-3-1928 Ten Antelope Population of town or city* 359 Member or nonmember of F. R. System__Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) March 3, 1928 Loans and discounts: On real estate Other Total loans and discounts 33,998.78 Real estate acquired in satisfaction of debts 14,882.23 (ic Investments 500.00 24,287.76 All other resources 73,668.77 Total resources Capital 23,000.00 Surplus and undivided profits 49,589.86 Deposits: 10.00 Due to banks** Demand deposits, including U. S. Govt. deposits 19,709.65 Time deposits, including postal savings 83.492.57 $ Total deposits .11.11•00.10 Borrowings from F. R. bank .0111 41.00 Borrowings from other banks 46.41 All other liabilities 73,668.77 Total liabilities 7. Has this bank been reopened? 103,212.22 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: dune 30, 1930 (Amounts in dollars) Claims allowed Payments from guaranty fund Total payments Per cent of payments toclaimsallowed None Secured claims 8,107.94 8,107.94 147.63 ----- 8. 0 101,496.84 --- 8,107.94 8,107.94 7.98 Preferred claims. . . 101.349.21 General claims Total claims. . . . Dividends paid from collections "GOING BANK" PERIOD March 13, 1926 to March 3, 1928 Liabilities Deposits Bills Payable (Secured) Other Liabilities 3-13-26 Decreases $129,679.47 18,570.00 678.60 $26,467.25 18,570.00 632.19 $148,928.07 $45,669.44 Per Cent of Net Decrease 30.66 The net decrease in liabilities during the "going badk" period and receivership period was 37.29 per cent. Secured claims. . Preferred claims... General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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) Lax Supprvision bY Bank DIpArtment X 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 What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921 — 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis No If so, give dates and amounts of all assessments • , /17,tm-0 7,,P4 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING I 9 k-A4 ' 1 )th 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 El National bank Name of State • g] State bank • o Trust company o Stock savings bank NEBRASKA [1] Mutual savings bank • Private bank Bank of Burc hard 1. Name of bank__ 2. Date organized 7-1.1-1684 Date suspended Ten 3. Federal reserve district Town or City. Bur chard 9-20-1929 Population of town or city* Pawnee 265 Member or nonmember of F. R System Nonmember 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) ember 20, 1929 Loans and discounts: On real estate Other Total loans and discounts $ 17 943.38 ' MD ANS Real estate acquired in satisfaction of debts Investments 10,097.75 All other resources 28,041.13 Total resources Capital 25,000.00 Surplus and undivided profits 11,549.33 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings None Total deposits Borrowings from F. R. bank Borrowings from other banks 14,590.46 All other liabilities 28,041.13 Total liabilities 7. lias 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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: June 30, 1930 (Amounts in dollars) Claims allowed Secured Dividends paid from collections ........ claims Preferred claims 6,497.64 441.37 General claims 6,939.01 Total claims Payments from guaranty fund .......r. 2,875.00 --2,875.00 Total payments --.. — —.. --- 2,875.00 Per cent of payments to claims allowed 44.2 --- --- --- --- 2,875.00 41.4 Bank of Burchard, Burchard, Nebr. "GOING BA1X" PERIOD, May 24, 1927 to September 20, 1929 Increase 5-24-1927 Decrease Per Cent Liabilities Deposits Bills Payable (Jecured) Other Liabilities Total 0.92,800.96 192,600.96 14,612.11 140.72 14,812.11 14,449.74 4FL:753'79 193,163.33 of net decrease 92.9 sinssemorecumes The net decrease in liabilities during the "going bank" and receivorship periods was .92.5 per cent. Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis -- 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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) General deflation • idisuse of funds Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? yea 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? 192`f - 1926 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 Uallocti.ons on stockholders liability: http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 - 14,500.00 To 6-30-1930 - 1 000.00 15,500.00 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 II] Trust company Stock savings bank Eli i:EBRASKA Iutual savings bank 1:1 Private bank 1. Name of bank_ Burt on State Bank 2. Date organized 5-29-1013 3. Federal reserve district Date suspended Town or City Burt on 6-11-29 Ten 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Keya Paha 98 Norune mb er 6. Condition figures, as of (date*) June 11, 1929 Loans and discounts: On real estate Other 56,780.50 Total loans and discounts 8,430.00 Real estate acquired in satisfaction of debts Investments 10,688.48 All other resources 75,898.98 Total resources 10 9000.00 Capital 3,562.15 Surplus and undivided profits Deposits: ' 634.68 Due to banks** Demand deposits, including U. S. Govt. deposits 38,279.32 Time deposits, including postal savings 23,372.83 $ Total deposits 62,336.83 Borrowings from F. R. bank Borrowings from other banks All other liabilities 75,898.98 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis S. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) • Claims allowed Secured claims Preferred claims General claims None 60,450.24 57.44 Total claims. . .. 60,507.68 Dividends paid from collections Payments from guaranty fund --- Per cent of payments to claims allowed Total payments --- --- 7,562.75 --- 7,562.75 --- --- --- 7,562.75 --- 79 562.75 12.51 0 12.49 -__ Burton State Bank, Burton, Nebr. "GOING NANK" PERIOD Liabilities Deposits Bills Payable Other Liabilities Total December 24, 1928 to June 11, 1929 12-24-28 $66,518.40 111041.11.1 , Decrease Per cent of Net Decrease $4,181.57 41.M11.1.10 $66,518.40 $4,181.57 6.28 The net decrease in liabilities during the "going bank" and receivership periods was 20.40 per cent. - -- - - Dividends paid from collections Claims allowed Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Yes 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? 1921-22 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? Yee If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1930 $424.55 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 S Report on a separate schedule each bank closed to the public either temporarily or permanently authorities or by the bank's board of directors on account of financial difficulties. This supervisory by form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following LI National bank [25 State bank Name of State O Trust company O Stock savings bank • DI Mutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized Farmers State Bank 11-21-1917 3. Federal reserve district Date suspended Town or City 11-8-23 Ten Bushnell 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Kimball 321 Nonmember 6. Condition figures, as of (date*) November 8, 1923 Loans and discounts: On real estate Other Total loans and discounts $ Real estate acquired in satisfaction of debts 139 211.48 ' 10,900.31 2,040.00 Investments 17,203.74 All other resources 169,355.53 Total resources 25,000.00 Capital 3,497.67 Surplus and undivided profits Deposits: 193.74 Due to banks** Demand deposits, including U. S. Govt. deposits •, Time deposits, including postal savings 69,562.53 72,849.52 $ 142.605.79 Total deposits Borrowings from F. R. bank Borrowings from other banks 4,163,93 All other liabilities 1,083.48 169,355.53 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Ye 5 If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments 4,163.93 4,163.93 --_ 125,641.41 21,550.71 104,090.70 19,049.16 --- -_- -_- 25,714.64 104,090.70 129,805.34 4,163.93 100. 125,641.41 100. Secured claims Preferred claims General claims. . .. Total claims... 148,854.50 Per cent of payments to claims allowed 0. 87.2 Farmers State Bank, Bushnell, Nebr. "GOING BANK" PERIOD July 9, 1923 to November 8, 1923 7-9-23 Liabilities Deposits Bills Payable Othere Liabilities Total Increase Decrease $132,153.56 18,710.67 1,083.48 n0,45.93 14,546.74 $151,947.71 $ 4,094.51 •••• .r• The net decrease in liabilities during the "going bank" and receivership periods was 87.46 per cent. Secured claims. . .. Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per Cent of Net Decrease 2.69 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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) Lowered rarket value of farm products Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye s If so, state what industry or type of agriculture Wheat raising What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 192 1-22 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 Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 By judgments <4, 4)9,500.00 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following D National bank in State bank o Name of State Trust company 0 Stock savings bank • O NEBRASKA Mutual savings bank O Private bank Citizens State Bank 1. Name of bank 2. Date organized 2-10-1893 3. Federal reserve district Date suspended Town or City 4-27-29 Ten Butte 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Boyd 593 Nonmember 6. Condition figures, as of (date*) April 27, 1929 Loans and discounts: On real estate Other 69,916.24 Total loans and discounts 21,946.17 Real estate acquired in satisfaction of debts Investments 10,348.76 All other resources Total resources 102,211.17 15,000.00 Capital 1,564.68 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 36,390.23 Time deposits, including postal savings 5R,113.49 $ Total deposits 95,503.72 Borrowings from F. R. bank Borrowings from other banks 272.13 All other liabilities 102,211.17 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. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments _-- --- 10,376.31 --- 10,376.31 353.66 4.-- -_- Total claims. ... 97,545.10 --- None Secured claims Preferred claims 971 191.44 General claims 109 376.31 Per cent of payments to claims allowed _-- 10,376.21 10.67 O. 10.63 Citizens 3tate Bank, Butte, Nebr. "GOING BANK" Period Liabilities January 31, 1923 to April 27, 1929 1-31-28 Deposits Bills Payable Other Liabilities Total Increase Decrease *134,132.06 8,971.36 143.50 $38,628.34 8,971.86 123.63 ;p‘143,247.12 $47,471.57 Per Cent of Net Decrease 33•13 The net decrease in liabilities during the "going bank" and receivership periods was 39.14 per cent. l,limns Secured claims. .. Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis anoweu collections guaranty fund '1'otal 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 Yes or agriculture? General farming If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 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 Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 $6,226.71 1930 20.75 Total 247.46 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
@FedFRASER