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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 H-uor Committee on Branch Group & Chain Banking FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State • State bank O Trust company O Stock savings bank O NEBRASKA Mutual savings bank O Private bank Farmers 3tate Bank 1. Name of bank__ 2. Date organized 11-24-1905 3. Federal reserve district Ton Town or City Date suspended 5-30-21 hadar Population of town or city* Aerce 200 non menber 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*) April 30, 1921 Loans and discounts: On real estate Other $ 151,762.88 Total loans and discounts Real estate acquired in satisfaction of debts 900.00 \ Investments 38,171.30 All other resources 190,854.16 Total resources Capital 6,000.00 Surplus and undivided profits 5,631.77 Deposits: $ 15,000.00 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 46;227.96 114,351.50 Total deposits $ 175,579.4d Borrowings from F. R. bank Borrowings from other banks 1,642.93 All other liabilities 190,854.16 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? Yt.s If so give payments to date: dune 30, 1930 (Amounts in dollars) Dividends paid from collections Payments from guaranty fund 158,858.32 153,329.80 5,528.52 158,858.32 100 Total claims.... 158,858.32 153,329.50 5,528.52 158,858.32 10-0 ' ' Claims allowed Secured claims. .. . Preferred claims Total payments Per cent of payments to claims allowed None General 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 Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Contributing cause • Insufficient diversification 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) officers shortages 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 suspen1919 — 20 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 Yes If so, give dates and amounts of all assessments Collections on stockholders liability, 1921, ;;1,500.02 . FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 El Stock savings bank O Mutual savings bank NEBEJILSKA. O Private bank 1. Name of bank State Bank of Haigler 2. Date organized 10-8-1907 3. Federal reserve district Ten Date suspended Town or City 6-10-1929 Haig3.er Population of town or city* Dundy 450 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*) June 10, 1929 Loans and discounts: On real estate Other $ Total loans and discounts Real estate acquired in satisfaction of debts 137,689.74 , 55,849.80 ) a Investments 14,704.61 All other resources 10,936.77 219,180.92 Total resources 30,000.00 Capital Surplus and undivided profits 2,401.64 Deposits: - 234.64 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 79,825.25 106,730.68 186,790.57 Total deposits Borrowings from F. R. bank Borrowings from other banks 4,744.70 4'7.29 All other liabilities 219,180.92 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: 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 Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments todaimsallowed 4,744.70 4,744.70 _-- 4,744.70 100 Preferred claims... 187,102.47 18,911.56 --- 18,911.56 10.1 --- 23,656.26 12.32 Secured claims 68.85 General claims. . .. Total claims. .. . 191,916.02 23,656.26 "GOING BANK" PERIOD December 5, 1928 to June 10, 1929 Liabilities 'Deposits Bills Payable Other Liabilities 12-5-28 $193,473.43 31,100.00 40.0 $224,573.43 Decrease Increase $6,682.86 26,355.30 47.29 $32,990.87 Per cent Of Net Decrease 14.69 The net decrease in liabilities during the "going bank!' period and receivership period was 25.07 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 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 Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1930 $875.62 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 O Stock savings bank • 0 Mutual savings bank • Private bank 1. Name of ban 2. Date organized Farmers Ztate Bank 12-5-1918 3. Federal reserve district Date suspended Ten Town or City 12-28-1929 Hallam Population of town or city* 212 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 Lancaster 6. Condition figures, as of (date*) December 26, 1929 Loans and discounts: On real estate Other $ 106,247.39 Total loans and discounts 5,854.50 Real estate acquired in satisfaction of debts \\ Investments 3,150.00 30,031.01 All other resources 145,282.90 Total resources 20,000.00 Capital 2,412.21 Surplus and undivided profits Deposits: 190.22 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 18,199.90 104,460.99 $ 122,851.11 Total deposits MEI OM Ir. Borrowings from F. R. bank ••••• Borrowings from other banks 19.5e All other liabilities 145,282.90 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? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed 161.68 123,306.13 claims 1ru st Fund s Preferred claims Secured Dividends paid from collections 167.68 862_314.33 ___ --- 167.68 86,314.1? 100. 70. --- --- --- 0 86,482.01 --- 86,482.01 19.58 General claims. 123,493.39 Total claims 10. Has this bank been finally liquidated? Payments from guaranty fund Total payments Per cent of payments to claims allowed 70.02 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) Lack of business 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? 1927 - 192d 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 30, 1930 - , 1,021.67 ``1 • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State 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 Harrison State Bank 12-8-1910 3. Federal reserve district Town or City Harrison Date suspended 12-n-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 Sioux 401 Nonmember 6. Condition figures, as of (date*) December 18, 1929 Loans and discounts: On real estate Other 259,599.00 Total loans and discounts Real estate acquired in satisfaction of debts 15,349.51 Investments 39,515.02 All other resources 70,269,50 384,733.93 Total resources 20,000.00 Capital 22,477.29 Surplus and undivided profits Deposits: $ Due to banks** 2,287.43 Demand deposits, including U. S. Govt. deposits 219,646.80 Time deposits, including postal savings 119,262.42 341,196.65 Total deposits =ORM Borrowings from F. R. bank ilree•S Borrowings from other banks 1,059.99 All other liabilities 384,733.93 Total liabilities 7. Has this bank been reopened? Yes Date of reopening Name under which reopened Loss to depositors on: Secured claims If so give: 1-18-30 Harrison State Bank Amount of loss Per cent of loss to claims $ None ft Preferred claims to General claims Total * Condition items should be as of date of suspension, if possible, 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: .1J:roma 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 Dividends paid from collections Payments from guaranty fund I 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) Idle Gossip Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye 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? 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 National bank Name of State O State bank O Trust company • O Stock savings bank O NEBRASKA Mutual savings bank O Private bank 1. Name of ban 2. Date organized Nebraska State Bank 5-11-1926 3. Federal reserve district Date suspended Town or City 7-19-27 Ten Harvard Population of town or city* Clay 991 '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 6. Condition figures, as of (date*) July 19, 1927 Loans and discounts: On real estate Other $ 285,990.94 Total loans and discounts 47,117.07 Real estate acquired in satisfaction of debts i(0 Investments 28,312.99 All other resources 361,421.00 Total resources Capital 25,000.00 Surplus and undivided profits 10,086.61 Deposits: 6,251.45 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 7'6,58t3,75 2.4,743.02 $ 337,5b3.22 Total deposits Borrowings from F. R. bank 8,626.39 Borrowings from other banks 296.00 All other liabilities 361,421,00 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims, General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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 If so give payments to date: June 30, 1930 9. Is this bank still in process of liquidation? (Amounts in dollars) Dividends paid from collections Claims allowed 965.2 General claims. . .. Total claims. . .. 360,923.41 6,626.39 --- 8,626.39 ...-- 54,332.75 . ..— 351,329.7 Preferred claims --- --- 62,961.14 --- "GOILG BANK" PERIOD May Liabilities Deposits Bills Payable Other Liabilities Total Per cent of payments to claims allowed Total payments 54,332.75 6,628.39 Secured claims. . . . Payments from guaranty fund 9, 1927 100 15.46 0 621 9-61.14_ 1-7-.44_ _ to July 19, 1927 5-9-27 Decrease 061,234.37 24,076.87 226.00 23,651.15 15,450.48 of net decrease '4185,609.24 12,101.63 10.14 Per Cent The net decrease in liabilities during the "going bank" and receivership periods was 27.20 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 seeli-as-fleetis, drouth, 11,. weavil,otc • Insufficient diversification 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? ia!:.y 11, 1926 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments Prior assessments cannot be determined. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 q24 cr-- P ( / J&22 FEDERAL RESERVE COMMITTEE BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 J National bank State bank O Trust company O Stock savings bank • O Mutual savings bank O Private bank Union State Bank . 2. Date organized 3-6-1689 3. Federal reserve district Date suspended 5-11-26 Ten 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 Clay Harvard Town or City 1. Name of bank_ 991 Non member 6. Condition figures, as of (date*) Llz..ty 11, t926 Loans and discounts: On real estate Other $ 515,145.95 Total loans and discounts 26,769.58 Real estate acquired in satisfaction of debts 150.00 Investments 88,616.15 All other resources 630,681.68 Total resources 25,000.00 Capital 1,436.76 Surplus and undivided profits Deposits: **$ 64,396.44 Due to banks Demand deposits, including U. S. Govt. deposits 129;618.57 Time deposits, including postal savings 378,692.99 Total deposits $ 572 708.00 ' Borrowings from F. R. bank 29,777.75 Borrowings from other banks 1,759.17 All other liabilities 630,681.68 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? Claims allowed Secured claims Preferred claims General claims.... Dividends paid from collections 29,777.75 29,777.75 574,708.00 470,288.00 12,309.17 --- Total claims.... 616,794.92 Payments from guaranty fund ..-- Total Per cent of payments to claims allowed 29,777.75 104,420.00 100 574,708.00 100 --- 104,420.00 0 96.01 604_,4 5.75 May 8, 1926 to May 11, 1926 5-6-26 Deposits Bills Payable Other Liabilities Total irnytiwnts --- 500,065.75 "GOING BANK° PERIOD Liabilities June 30, 1930 If so give payments to date: Yes (Amounts in dollars) Decrease 063,154.94 30,077.75 1,759,.17, si§11,991.66 . 10,446.94 300.00 Per Cent of net decrease INI10010 10,746.j 1.74 The net decrease in liabilities during the "going bank" and receivership periods was 97.99 per cent. k.A i1111J11.111,J 111 1.1011ill a) 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 IL Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. • Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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) Excessive and illegal loans (large amount of accomodation loans) 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 19261 4251000.00 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 El National bank M State bank Name of State O Trust company O Stock savings bank • NEBRASKA fl Mutual savings bank O Private bank 1. Name of bank 2. Date organized Bank of Gommerce 7-20-1905 3. Federal reserve district Date suspended Ten Town or City Meetings 2-1-26 Population of town or city* 11,647 Member or nonmember of F. R. Systemon mebr" 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 Adams 6. Condition figures, as of (date*) February 1, 1926 Loans and discounts: On real estate Other 580,067.27 Total loans and discounts 121,255.46 Real estate acquired in satisfaction of debts \9` Investments 31,000.00 All other resources 37,365.81 777,680.54 Total resources Capital 75,000.00 Surplus and undivided profits 29,521.87 Deposits: $ 18,451.75 Due to banks** Demand deposits, including U. S. Govt. deposits 216,051.64 Time deposits, including postal savings 490,224.96 726,728.55 Total deposits Borrowings from F. R. bank Borrowings from other banks 4,451.56 All other liabilities 777,680.54 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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 Secured claims. ... None Payments from guaranty fund Total payments Per cent of payments to claims allowed • Preferred claims... 7171 302.50 4,431.i6 General claims. . .. 364,302.50 333,000.00 717,302.50 Total claims. ... 721,764.36 364,302.50 333,000.00 717,302.50 100 0 99.37 "GOING BANK" PERIOD October 19, 1924 to February 1, 1926 Liabilities 10-19-24 Deposits Bills Payable Other Liabilities Total Decrease 06b,667.39 239,936.64 _11212-125 of net decrease 243,010.76 24,94 ••• 71' 553.6 ° 1974,243, a/ 1 111m.11•••••••••••- Per Cent •••••00•••••••..... , •••••• The net decrease in liabilities during the "going bank" and receivership periods was 99.53 per cent. Payments to aepobltAith. (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) First State , mingf ord,Neb Other causes, (specify) Excessive real estate holdings • 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 othenvise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Ye s If so, give dates and amounts of all assessments Uollections on stockholders liability 1926, L; 43,800.94 1929, Total ;;;) 50,133.26 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 041 J National bank Name of State [i] State bank [I] Trust company • Stock savings bank • NEBRASKA • Mutual savings bank O Private bank 1. Name of bank 2. Date organized Farmers and Mechanics Bank 1-30-1900 3. Federal reserve district Date suspended Town or City Havelock 6-27-1929 Ten Population of town or city* 60?1 Member or nonmember of F. R Systemonmembe 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 Lancaster 6. Condition figures, as of (date*) June 26, 1929 Loans and discounts: On real estate Other Total loans and discounts $ 111 665.3 ' 40,639.53 Real estate acquired in satisfaction of debts 15,095.28 Investments 18,953.83 All other resources 166,353.99 Total resources 25,000.00 Capital 5,226.80 Surplus and undivided profits Deposits: Due to banks** $ Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 6,578.77 68,401.35 79,107.84 $ 154,087.96 Total deposits ielb Borrowings from F. R. bank 12,492.83 Borrowings from other banks All other liabilities 186;353.99 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 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: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments 12,492.83 ...Nen 12,492.81 33,356.36 --- 33,356.36 --- --_ —"— 45,849.19 12,492.83 Secured claims Ye s ___ 45,849.19 - 13 ,945.20 , Preferred claims General claims . 958.48 347,396,41 1 ii '1,31(,,..51 Total claims 10. Has this bank been finally liquidated? Per cent of payments to claims allowed 100. 24.90 --- 31.10 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) general deflation 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 ? 1927 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 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 0 National bank Name of State • State bank O Trust company • O Stock savings bank O 1TEB RASKA Mutual savings bank O Private bank State Bank. of Havens 1. Name of bank_ 2. Date organized 3-24-1918 Date suspended 3. Federal reserve district re n Town or City 5-23-21 Havens 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 L'errick 24 Nome mber 6. Condition figures, as of (date*) 1 .b.y 23, 1929 2 Loans and discounts: On real estate Other 26,317.76 Total loans and discounts 3,100.00 Real estate acquired in satisfaction of debts • Investments 6,247.27 All other resources 36,165.03 Total resources 10,000.90 Capital 753.05 Surplus and undivided profits Deposits: 560.71 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 16,574.38 9,632.99 26,913.08 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 36,165.03 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 Yea 9. Is this bank still in process of liquidation? June 30, 1930 If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections None Secured claims 26 873.33 Preferred claims 39 516.00 General claims. . .. 33q Total claims.... 30/ ' - •33 .0 MD 0•1 6,713.47 --- Payments from guaranty fund Total payments .0 ....0. OM al. ........ ... 6,713.47 25. ----- 69 713.47 Per cent of payments to claims allowed 0. 6,713.47 Me OW ••• 22.10 State Bank of Havens, Havens, liebr. "GOING BANK" PERIOD March 7, 1939 to May 23, 1929 , 3-7-29 Liabilities Deposits Bills Payable Other Liabilities Total 28,081.72 4,066.05 ••• Decrease ' 41 34 •g4 4,066.05 .1,066.05 •••• $32,147.77 Per cent of Net Decrease 1.0 4•0 $5,229.69 16.26 The net decrease in liabilities during the "going bank" and receivership periods was 26.36 per cent. Claims allowed Secured claims Preferred claims... General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis IDIVraerlarpara tioni - Payments from collections guaranty fund - - - - Total payments ger FeriForpaTrminti 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 3tate Bank of Clarks, clack ,Nebr. Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Lack of business Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? 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? 1921-1'122 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 Prior assesoments 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 National bank Name of State ri State bank El Trust company [I] Stock savings bank • El Mutual savings bank 1\EB RA Sic A ID Private bank Hazard 1. Name of bank Farmers State BankCounty Sherman Town or City 2. Date organized 3-3°-1119 Date suspended 3. Federal reserve district Ten 11-20-23 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 167 Nonmember 6. Condition figures, as of (date*) November 20, 1928 Loans and discounts: On real estate Other $ Total loans and discounts 19,741.80 Real estate acquired in satisfaction of debts Investments 25,469.21 All other resources 45,211.01 Total resources Capital 20,000.00 Surplus and undivided profits 36,770.53 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 15,220.81 Time deposits, including postal savings 44,112.75 59,333.59 Total deposits Borrowings from F. R. bank Borrowings from other banks 2,556.95 All other liabilities 45,211,01 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 June 30, 1930 If so give payments to date: (Amounts in dollars) Claims allowed Secured claims. . None 55,593.72 Preferred claims General claims 8,730.45 Total claims 64,324.17 Dividends paid from collections -_8,454.24 -_8,454.24 Payments from guaranty fund Total payments -__ Per cent of payments to claims allowed --- --- 8,454.24 --- --- --- 8,454.24 15.20 , ,. 13.14 Farmers State Bank, Hazard, Nebr. "GOING BANK" PERIOD June 13, 1927 to November 20, 1928 Liabilities 6-13-27 Deposits Bills Payable Other Liabilities Total Decrease -)108,724.17 14,201.10 5 453.12 U9,390.58 14,201.10 2,796.17 $128 378.39 )66,387.85 , Per cent of Net Decrease 51.71 The net decrease in liabilities during the "going bank" and receivership periods was 56.48 per cent. - Minis allowed Secured claims.. Preferred claims General claims Total claims. . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis collections guaranly Tund — rotaT payffents to laims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Lack of business Other causes, (specify) 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? 1921-1922 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 $2,600.00 ( 1928 ) • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State [2 State bank O Trust company 0 Stock savings bank • fl Mutual savings bank 1,1E13 RASKA • Private bank 1. Name of bank 2. Date organized First Stale Bank 11-18-1901 Date suspended 3. Federal reserve district Ten Town or City 9-26-22 Hemingford 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 Box Butte 708 Nonmember September 26, 1922 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ Total loans and discounts 247,465.33 38,930.00 Real estate acquired in satisfaction of debts • q\>\ r\ Investments 66,006.43 All other resources 352,401:76 Total resources 35,000.00 Capital 1,682.58 Surplus and undivided profits Deposits: Due to banks** 10,266.92 Demand deposits, including U. S. Govt. deposits 88,275.57 Time deposits, including postal savings 118,475.94 217,018.43 Total deposits Borrowings from F. R. bank 97,497.00 Borrowings from other banks 1,203.75 All other liabilities 352,401.76 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? June 30, 1930 If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed 94,497.00 Preferred claims 97,497.00 208,232.87 Secured claims 60,038.07 Payments from guaranty fund .1 MI I. ....... 148,194.80 .....•... .M. d•P O. , General claims. ... Per cent of payments to claims allowed 97,497.0 100. 208,232.8 100. ...Mt AM 0. 305,729.87 Total claims Total payments 157,535.07 10. Has this bank been finally liquidated? 148,194.80 305,729.8 100. If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. . . Total claims 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) Deflation of agricult ural prices 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? 1920-1921 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 4;5,466.69 • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 01 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 Henry State Bank 2. Date organized 11-22-1909 3. Federal reserve district Town or City Date suspended 2-24-23 Ten Henry Population of town or city* 129 Non member Member or nonmember of F R. System__ 4. Number of branches operated: In city of parent banL_____ Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or 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 Scotts Bluff County 6. Condition figures, as of (date*) February 24, 1923 Loans and discounts: On real estate Other Total loans and discounts $ 1/0 379.25 , Real estate acquired in satisfaction of debts \ Investments 3,141.26 All other resources 173,520.53 Total resources 10,000.00 Capital 4,617.15 Surplus and undivided profits Deposits: $ Due to banks** 2,312.34 Demand deposits, including U. S. Govt. deposits 56,427.34 Time deposits, including postal savings 37,51.56 98,256.24 Total deposits Borrowings from F. R. bank 59,638.63 Borrowings from other banks 1,006.51 All other liabilities 173,520.53 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 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 59,638.63 Preferred claims 3,020.63 163,665.77 Total claims 100,000.00 --- 1,006.51 General claims ....-- 59,63de63 103,020.63 Secured claims --- 62,659.26 10. Has this bank been finally liquidated? Payments from guaranty fund 100,000.00 Total payments Per cent of payments to claims allowed 59,638.63 100 103,020.63 100 --- 0 162,659.26 99.30 Total payments Per cent of payments to claims allowed 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 , 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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 loaned • 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 - 21 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, d,500.00 1930, 500.00 Total 0,000.00 o ez 724, 4%,1t .tctic a-A p4-elititt— FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING j \A•pi %.j.: 11n.k.Ar\ 7 BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank M State bank Name of State O Trust company O Stock savings bank • O O Private bank 1. Name of bank 2. Date organized • NEBRASKA Mutual savings bank Citizens State Bank 3-4-19 3. Federal reserve district Town or City Hol drege Date suspended 12-19-25 Ten Population of town or city* 310b Member or nonmember of F. R. System____Ratinexaher 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 Phelps 6. Condition figures, as of (date*) December 19, 1925 Loans and discounts: On real estate Other $ 295,601.70 Total loans and discounts 32,294.06 Real estate acquired in satisfaction of debts Investments '11, 243.03 All other resources 399,13d.a1 Total resources 5C 000.00 Capital Surplus and undivided profits 6,221.09 Deposits: $ Due to banks** 4,614.82 Demand deposits, including U. S. Govt. deposits 217,422.39 Time deposits, including postal savings .51 120,8o0 $ Total deposits 342,917.72 Borrowings from F. R. bank Borrowings from other banks All other liabilities 399,13t.d1 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? Claims allowed Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Payments from guaranty fund Total payments none Secured claims 343,159.55 General claims 75.83 Total claims 3 43;235•36 208,000.0o -__ 135,235.36 343,159.55 75.83 100 loo 208,000.00 135,159.55 75.83 Preferred claims 343,235.18 loo Citizens State Bank, Holdrece, Nebr. "GOII.G 3ANIC" PERIOD October Liabilities 10-3-23 Deposits Bills Payable Other Liabilities Total 411,120.03 94,900.00 zaaata 3, 1923 to December 19, 1925 Decrease Per Cent of net 68,202.31 94,900.00 3,233.19 decrease 166,335.50 _32.66 The net decrease in liabilities during the "going bank wand receivership 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 Per cent of payments to claims allowed collections guaranty tuna i 4./ L0.1 pay .....,........ ." • 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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) excessive loans 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? Ye s If so, give dates and amounts of all assessments Collections on stockholders liability, 1925, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 17,500.00 1926, 7,500.0e 1929, 1,000.00 1930 3,000,00 Total Q 29, . .000.00 41.111••••••••••••••• Al\i' o c)cv-1.4 ,1— NJ- q 2_ () Q .„13-A,1 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING r ern f'vr-tuo)--.4 BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following Ei National bank M State bank Name of State O Trust company O Stock savings bank NEBRASKA 0 Mutual savings bank O Private bank 1. Name of bank 2. Date organized Holdrege State Bank 7-6-1914 3. Federal reserve district Date suspended Town or City Holdrege 5-23-21 Ten Population of town or city* 3106 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 rfame and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Phelps 6. Condition figures, as of (date*) .tiay 21, 1921 Loans and discounts: On real estate Other $ 400,691.30 Total loans and discounts 4,186.82 Real estate acquired in satisfaction of debts ()) Investments 2,000.00 53,824.81 All other resources 460,702.93 Total resources Capital 40,000.00 Surplus and undivided profits 11,407.3 4 Deposits: $ 62;931.72 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 90,909.68 184;854.47 Total deposits $ 338 6q5. ' Borrowings from F. R. bank Borrowings from other banks 66,590.14 All other liabilities 4,009.58 460,702.91 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: 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) Dividends paid from collections Claims allowed Payments from guaranty fund --.. Total payments Per cent of payments to claims allowed 66,590.34 66,590.34 338,695.87 338,695.87 General claims. ... 215,43704.0 251517449 was= 25,5 7.49 1 11.84 Total claims. . .. 620,723.61 4301 803.70 ...... 430,803.70 69.40 Secured claims Preferred claims 10. Has this bank been finally liquidated) ...... 66,590.34 100 338,695.87 100 If so give: Date liquidation was completed Collections: Fitm liquidation of 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) over loaning • 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 suspen. mon? 1.920 — 21 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 Collections on stockholders liability, 1929, 1930, Total 4 3,033.33 2 000.00 0.3 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State El State bank O Trust company O Stock savings bank O :TB 3A3KA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Homer State Bank 3-9-1395 3. Federal reserve district Date suspended Ten Town or City 2-15-22 Homer 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 Dakota 491 Nonme Elbe r 6. Condition figures, as of (date*) February 14, 1922 Loans and discounts: On real estate Other $ Total loans and discounts 328,360.35 8,400.00 Real estate acquired in satisfaction of debts ( (2 400.00 Investments 13,286.03 All other resources 350,446.38 Total resources 25,000.00 Capital 2,750.06 Surplus and undivided profits Deposits: 24,103.23 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 94,500.95 19/,869.83. 316,474.01 Total deposits Borrowings from F. R. bank 3,000.00 Borrowings from other banks 3,222.31 All other liabilities 350,446.38 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 Payments from guaranty fund 3 000 00 , . 39000•00 3381 561 ° 39 Preferred claims.. --General claims. . . 155,398.39 183,163.00 --- --- 341,561.39 158,393.39 183,163.00 Secured claims Total claims 10. Has this bank been finally liquidated? —...... Total payments 3,000.00 338,561.39 _-341,561.39 Per cent of payments to claims allowed 100 100. --100. If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. ... Total claims. . . . 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)...D.eflat 19n of agricult ural prices 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 suspen1920-1921 sion? 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 liabil ty 1923-1924 :S*17,023.72 1 1927 74.17 1928 1930 973.37 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total 18,171.76 , a0 FEDERAL liSERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 • LI NEBRASKA Mutual savings bank O Private bank 1. Name of bank Dodge County Bank 2. Date organized • 8-10-1895 3. Federal reserve district Date suspended Ten Town or City 6-22-25 Hooper 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 1014 Nonmember 6. Condition figures, as of (date*) June 22, 1925 Loans and discounts: On real estate Other 481,689.85 Total loans and discounts 3,471.66 Real estate acquired in satisfaction of debts Investments 111 200.00 All other resources 49,572.32 545,933.83 Total resources 25,000.00 Capital 2,272.83 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 160,658.98 Time deposits, including postal savings 356,139.65 516,798.63 Total deposits Borrowings from F. R. bank Borrowings from other banks 1,862.37 All other liabilities 545,933.83 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 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? Ye s If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims. .. N General claims. .. Total claims. .. Total payments 58,948.50 517,218.82 Per cent of payments to claims allowed ..... ... one 517,218.82 Preferred claims Payments from guaranty fund 458,270.30 1,862.37 ___ 519,081.19 4589 270.30 10. Has this bank been finally liquidated? 58,948.50 517,213.82 100. O. 99.64 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) Deflation of Agricultural prices 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? 19214922 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 1929 1930 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total $20,800.00 1,200.00 100.00 $22,100.00 • 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 O National bank Name of State El State bank O Trust company O Stock savings bank • 111 NEBRASKA Mutual savings bank O Private bank 1. Name of bank Farmers State Bank Hoskins . Town or City 10-1914 4-2321 2. Date organized o-Date suspended 3. Federal reserve district Ten Jayne Population of town or city* 274 Member or nonmember of F. R. System N on 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) April 23, /921 Loans and discounts: On real estate Other 88,964.)n $ Total loans and discounts 16,165.36 Real estate acquired in satisfaction of debts 1.?\ Investments 25,868.60 All other resources 130,99d.76 Total resources Capital 20,000.00 7,709.71 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 4;265:00 33;228.62 63,886.61 $ 101,3d0.23 Total deposits Borrowings from F. R. bank 15,575.00 Borrowings from other banks 1,753.24 All other liabilities 130,99d.76 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 Total payments Secured claims 15 575.00 ; 15,575.00 --- 15,575.00 100 Preferred claims... 941 869.36 12,924.88 94,869.36 100 ... —..:. is-- General claims 110,444.36 Total claims. ... 2t44)9.d8 10. Has this bank been finally liquidated? 81,944.48 81,944.48 110,444.36 Per cent of payments to claims allowed 100 If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims 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 ? 1919 — 20 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, :,;6,70).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 Name of State Et State bank O Trust company O Stock savings bank • • Mutual savings bank /TEBRASNA O Private bank 1. Name of bank Nebraska State Bank 2. Date organized 12-31-1926 3. Federal reserve district Date suspended Town or City 6-3-29 Ten Humboldt Population of town or city* 1277 Member or nonmember of F. R System_Fkmxtember 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 Richardson 6. Condition figures, as of (date*) June 3, 1929 Loans and discounts: On real estate Other $ Total loans and discounts 214,178.85 11,000.00 Real estate acquired in satisfaction of debts Investments All other resources 34,561.42 259 740.27 Total resources 30,000.00 Capital 619.55 Surplus and undivided profits Deposits: 6,193.39 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 97,91223 111.254.20 215,359.82 Total deposits Borrowings from F. R. bank 15,000.00 Borrowings from other banks All other liabilities 259,740.27 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? If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund 4T-1-95759 Secured claims Preferred claims... ••••••.••••• Per cent of payments to claims allowed 4•6••••••• 0 203,316.54 ...—.. 113,043.41 1,159.49 General claims Total payments .1M0.1/M, =••••••• 113,043.41 Total claims.. .. 01111.0.11 113,043.41 OW.1.0. 113,043.41 55.59 0 55 51,5'70 1//1 47 .• 3 . ( 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: • From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to 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) Misuse of bank funds 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? 1927 ad 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 No If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State ) State bank 0 O Trust company O Stock savings bank • O Mutual savings bank RASKA 0 Private bank 1. Name of bank State Bank of Humboldt 2. Date organized 10-23-1395 3. Federal reserve district Date suspended Ten Town or City Humboldt 5-22-29 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 Richardson 1277 Nonmember 6. Condition figures, as of (date*) May 22, 1929 Loans and discounts: On real estate Other 118,900.34 Total loans and discounts 18,521.90 Real estate acquired in satisfaction of debts ()\ Investments 43,978.57 All other resources 181,400.30 Total resources Capital 50 000.00 Surplus and undivided profits 23,883.41 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 77,333.46 Time deposits, including postal savings 76,706.16 154,039.62 Total deposits Borrowings from F. R. bank Borrowings from other banks 1,244.60 All other liabilities 181,400.81 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 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. . 156,777.44 General claims. .. Total claims. 1,263.72 153,041.16 Payments from guaranty fund Total payments -_- --- 231 588.81 - -__ 23,588.81 --_ --- 23,588.81 --- Per cent of payments to claims allowed --- 23,588.81 None Preferred claims Dividends paid from collections 15.04 0. 14.92 State Bank of Humboldt, Humboldt, Nebr. "GOING BANK" PERIOD June 4, 1928 to May 22, 1929 Li.abilities 6-4-28 Deposits Bills Payable Other Liabilities Decrease $168,751.91 $322,791.53 Total ::i322,791.53 None None Per cent of Net Decrease $168,751.91 52.27 The net decrease in liabilities during the "going bank" and receivership periods was 58.34 per cent. 17mIT — r., vlk..,,Tislo collections fiClal Claims allowed Secured claims Preferred claims General claims. .. Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis — ray-n,,-n,..sn.i Am!I - - guaranty fund - - "- el 1 - Total payments Celli, OrpdyllICIILS 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) Def lotion of agricultural pri ca 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? 1Y21-1922 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 o a 1929 1930 *1420.00 441.08 , • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following LI National bank Name of State rft-• x_91 -. 11 State bank LI Trust company C] Stock savings bank • LI Mutual savings bank NEBRASKA 0 Private bank 1. Name of bank Bank of Ottis R. Murphy 2. Date organized 12-2:3-1904 3. Federal reserve district Town or City Date suspended 5-23-29 Ten Humphrey Population of town or city* Platte 835 Member or nonmember of F. R. System_Nonmerber 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 5 d'1 7 , 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 118,948.58 Total loans and discounts 199,399.67 Real estate acquired in satisfaction of debts Investments 18,523.09 All other resources 336,871.34 Total resources Capital 50,000,00 Surplus and undivided profits 25,041.91 Deposits: 1,348.33 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 45,281.36 264.784.11 311,413.80 Total deposits Borrowings from F. R. bank Borrowings from other banks . 49945 All other liabilities 336,871.34 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: 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 Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed None Secured claims --- 5,425.00 47.802.49 ....- 319,242.91 47,802.49 Preferred claims...313,817.91 General claims. Total claims 15.23 _-- 47.802.49 _-- —_— 47,802.49 14.97 0 "GOING BANK" PERIOD February 7, 1928 to May 23, 1929 2-7-28 Liabilities $445,830.65 32,500.00 469.45 Deposits Bills Payable Other Liabilities $478,800.10 Decrease Per Gent of Net Decrease $134,416.85 32,500.00 111.11M1.1. $166,916.85 34.86 The net decrease in liabilities during the "going bank" period and receivership period was 4340 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 .ver cent ot 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 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? 3.191 — 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 1929 631.05 1930 600.20 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 E:1 National bank Name of State , fj] State bank O Trust company O Stock savings bank • O Mutual savings bank O Private bank 1. Name of bank 2. Date organized Inman State Bank 9-10-1901 3. Federal reserve district Town or City Iriman Date suspended 6-11-29 Ten Population of town or city* Holt 315 Member or nonmember of F. R. System.E°nri e trbe r l 4. Number of branches operated: In city of parent ban Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) June 11, 1929 Loans and discounts: On real estate Other $ 83,651.76 Total loans and discounts 6,026.00 Real estate acquired in satisfaction of debts Investments 28,187.96 All other resources 117,865.72 Total resources 15,000.00 Capital 3,736.68 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 7,675.72 28,834.114 62,196.99 $ 98,707.15 Total deposits Borrowings from F. R. bank Borrowings from other banks 421.89 All other liabilities 117,865.72 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 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 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 Dividends paid from collections None Payments from guaranty fund Total payments _-_ --- Secured claims. .. 607.07 25,193.89 -__ nol.mlniap. 1 25,193.39 100,774.28 Preferred claims General claims.. . Total claims.. . Per cent of payments to claims allowed 25. .04••.0 25,193.89 --- _-_ 25,193.89 --_ 0. 24.85 !)1,38- I. 35 -- Inman State Bank, Inman, Nebr. "GOING BANK" PERIOD February 23, 1929 to June 11, 1929 2-28-29 Liabilities Deposits Bills Payable Other Liabilities Total Increase Decrease 05,466.44 11,427.40 421.89 Per Cent of Net Decrease 3,240.71 11,427.40 $107,315.73 *8,186.69 7.62 The net decrease in liabilities during the "going bank" and receivership periods was 29 per cent. ulanns 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 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) xlkiliii6U4citoatitaXiltutePtlflatiQn. .011 . gric plt.ur411. . Other causes, (specify). I.ns yr Q s rkt. .Qp.iE?•4.ig.5-11c onle 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 Hay and cattle raising 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 otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments nor 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 • State bank • Trust company O Stock savings bank O O I EB RASTA Mutual savings bank Private bank 1. Name of bank 2. Date organized Bank of Dakota County 1-23-1902 3. Federal reserve district Date suspended Ten Town or City 6-1-29 Jackson 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 Dakota 274 Nonmember 6. Condition figures, as of (date*) June 1929 Loans and discounts: On real estate Other $ Total loans and discounts Real estate acquired in satisfaction of debts 79,736.04 53,842.44 • Investments 12,522.24 All other resources 146,100.72 Total resources 20 000,00 Capital 3,374.72 Surplus and undivided profits Deposits: 515.37 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 35072.37 92,153.36 $ Total deposits 128,541.10 Borrowings from F. R. bank Borrowings from other banks 934.34 All other liabilities 146,100.72 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 9. Is this bank still in process of liquidation? Yr.'. 5. Juno 30, 1930 If so give payments to date: (Amounts in dollars) Claims allowed None Secured claims... 131,877.41 Preferred claims General claims.. .. 1 042 09 ) • 139,919.50 ,J Total claims Dividends paid from collections --_ Payments from guaranty fund Per cent of payments to claims allowed Total payments -_- --- 19,781.66 --- 19,731.66 --- -_- _-- 19,781.66 .. .... 15. 0. 19,781.66 - - 14.88 .... - Bank of Dakota County, Jackson, Nebr. 1, 1929 "GOING BANK" PERIOD April 16, 1928 to June Decrease 4-16-28 Liabilities Deposits Bills Payable Other Liabilities Total $186,397.56 8,888.00 934.34 $57,856.46 8,888.00 210 90 $66,744.46 Fer cent of Net Decrease y196 ••• 34.01 "going bank" The net decrease in liabilities during the 42.34 per cent. and receivership periods was 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) 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 ? 1121-1922 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 liabirty 1930 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 114.78 • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 En State bank O Trust company O Stock savings bank ri NE3aksKA Mutual savings bank O Private bank Jac k on 3'te.te Bank 1. Name of bank 2. Date organized 7-16.-191E3 3. Federal reserve district Date suspended Ten Town or City 10-3-28 Jacks 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 Dakota 274 Nonme rib er 6. Condition figures, as of (date*) October 3, 3.928 Loans and discounts: On real estate Other 106,113.60 Total loans and discounts 21,349.75 Real estate acquired in satisfaction of debts • Nk)`° Investments 18,464.19 All other resources 145,927.54 Total resources Capital 15,000.00 Surplus and undivided profits 16,191.00 Deposits: 5.45. Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 11,795.41 135,238.72 . 147,039.58 Total deposits Borrowings from F. R. bank Borrowings from other banks 78.96 All other liabilities 145,927.54 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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 Secured claims Per cent of loss to 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 Payments from guaranty fund Total payments Per cent of payments to claims allowed None Secured claims 148,172.76 Preferred claims 3,585.60 General claims. . .. Total claims Dividends paid from collections 151 ` _8•36 ,1 . 7,403.70 --7,403.70 4,445.20 11,853.90 8. --- --- 0 . . 4,445.20 11,853.90 7.81 J?ckson State sank, Jackson, Nebr. "GOING BANK" PERIOD January 17, 1927 to October 3, 1928 Liabilities Deposits Bills Payable Other Liabilities Total 1-17-27 Decrease $175,133.01 4,527.36 545.29 *28,093.43 4,527.36 466.33 $180,205.66 *33,087.12 The net decrease in liabilities during the "going bank" and receiverphip periods was 22.36 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 18.36 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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 cf aEricultural.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 farrd ng 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 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 1929 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $1,195.73 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP 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 El State bank O Trust company • O Stock savings bank D 1,EBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Citizens Bank 8-26-1901 3. Federal reserve district Date suspendedl 'cown or City 2-27-29 Te n Johnstown 290 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 Brown County No 6. Condition figures, as of (date*) nil 97, 1929 P' Loans and discounts: On real estate Other 87,441.25 Total loans and discounts 35,4-91.19 Real estate acquired in satisfaction of debts • Investments 11,260.67 All other resources 134,193.11 Total resources 10,000.00 Capital ,261.91 Surplus and undivided profits Deposits: 6,711.70 Due to banks** Demand deposits, including U. S. Govt. deposits 39,239.83 Time deposits, including postal savings 76,966.33 122,967.86 Total deposits Borrowings from F. R. bank 3 884.63 Borrowings from other banks 602.53 All other liabilities 134,193.11 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 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 8,834.33 8,884.63 Preferred claims 134,487.73 --- General claims. . 18,453.56 161,825.92 --- Total payments -...... Total claims Payments from guaranty fund Secured claims 8,884.63 .•am.. --- I. .I.00 --- 8,884.63 ...-- 8,834.63 Per cent of payments to claims allowed 100. 0. 0. 5.49 • Citizens Bank, Johnstown, Nebr. "GOING BANK" PERIOD March 28, 1928 to April 27, 1929 Liabilities 3-28-28 $130,797.74 25,000.00 114.53 *155,942.27 Deposits Bills Payable Other Liabilities Total Increase Decrease * 7,829.88 16,115.37 458.00 *23,487.25 Per cent of 15.06 The net decrease in liabilities during the "going bank" and receivership periods was 1.92 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? e3 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? 1921-1922 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 Prior assessmants 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 Ej State bank El Trust company • O Stock savings bank O NEBRASKA Mutual savings bank El Private bank 1. Name of bank Bank of Julian Town or City /0 - 2. Date organized 7-1-1892 3. Federal reserve district Date suspended Ten Julian gl..- 2-7 ° 3- - •3 Population of town or city* 181 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 Nemaha 6. Condition figures, as of (date*) march id; 1930 Loans and discounts: On real estate Other 83,986.37 Total loans and discounts --" Real estate acquired in satisfaction of debts N?\ io t Investments 38,653.95 All other resources 102,640.32 Total resources 10,000.00 Capital 2,145.01 Surplus and undivided profits Deposits: 914.97 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 55,483.85 26,704.13 $ Total deposits 83,102.95 Borrowings from F. R. bank 7,310.05 Borrowings from other banks 82.29 All other liabilities 102,640.32 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 I Claims allowed Secured Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Claims not establis od todate, 6-7 .0-30. 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) Lack of business 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 suspen1928 - 1929 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 not determined. 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 •10 Name of State Ej State bank O Trust company O Stock savings bank O RASKA Mutual savings bank O Private bank Anr rican StateBank 1. Name of bank 2. Date organized 5-14-1917 3. Federal reserve district Date suspended Ten Town or City 7-27-29 Kearney 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 Buffalo 7702 Nonmember July 25, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 389,160.81 Total loans and discounts 24,890.00 Real estate acquired in satisfaction of debts 121,958.28 Investments 59,566.27 All other resources 5951 575.36 Total resources 50,000.00 Capital 6,593.69 Surplus and undivided profits Deposits: Due to banks** $ 20,388.95 Demand deposits, including -U. S. Govt. deposits 301,429.33 Time deposits, including postal savings 177,272.98 499,091.26 Total deposits 01 ••• Borrowings from F. R. bank 20,000.00 Borrowings from other banks 19,890.41 All other liabilities 595,575.36 Total liabilities 7. H this bank been reopened? Has Date of reopening Name under which reopened Loss to depositors on: Yes If so give: 12-2-29 Fort Kearney State Bank Amount of loss Per cent of loss to claims Secured claims Claims not establisild before reopening. Preferred claims There was a 6Q7 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' 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 i 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 suspenl)1 5 2 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 Qs7 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following [I] National bank Name of State (21 State bank O Trust company O Stock savings bank 111 NEBRASKA Mutual savings bank O Private bank 1. Name of bank First State Bank •9-1906 2. Date organized 5- 3. Federal reserve district Town or City xene saw Date suspended 5-18-23 Ten Population of town or city* Adams 646 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 Alay 1i 6. Condition figures, as of (date*) 1923 Loans and discounts: On real estate Other 354,962.28 Total loans and discounts Real estate acquired in satisfaction of debts Investments 16,675.97 All other resources 371.65d.25 Total resources 25,000.00 Capital 135.20 Surplus and undivided profits Deposits: 2,629.67 Due to banks** 56,029.63 Demand deposits, including U. S. Govt. deposits 199,491.98 Time deposits, including postal savings $ Total deposits 256,151.20 Borrowings from F. R. bank 87065.26 Borrowings from other banks 506.51 All other liabilities 371,658.25 Total liabilities 7. Has this bank been reopened? Date of reopening Yes If so give: uay 22, 1923 Name under which reopened First State Bank Loss to depositors on: Amount of loss Per cent of loss to claims $ none none none Secured claims none none none none 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 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 kill in process of liquidation? If so give payments to date: (Amounts in dollars) ' Claims allowed Secured claims. . . . Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed . Preferred claims General claims. . . Total claims.. . , _ 10. Has this bank been finally liquidated? If so give: 11. 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) over loaning • 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 ? 1. — 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 Prior assesments 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 Name of State El State bank O Trust company O Stock savings bank • O Mutual savings bank NEBRASKA ▪ Private bank 1. Name of bank . 2. Date organized Farmers &Merchant s Bank 5-2-1898 T own or City . 12-17-27 Date suspended Kennard County Population of town or city* 7ashi ngt on / 385 Ten 3. Federal reserve districtMember 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 6. Condition figures, as of (date*) December 17, 1927 Loans and discounts: On real estate Other Total loans and discounts $ 130,312.92 Real estate acquired in satisfaction of debts 3,304.69 \ ‘b Investments 28,123.84 All other resources 161,746.46 Total resources 30,000.00 Capital 50,577.42 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 39,459.41 339,596.39 Total deposits $ 179,055.80 Borrowings from F. R. bank Borrowings from other banks 3,268.08 All other liabilities 161,746.4-6 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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 s If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims. . .. None 176,820.07 Preferred claims 110.08 General claims Total claims. ... 176,930.15 Dividends paid from collections Payments from guaranty fund 'rotal payments Per cent of payments to claims allowed _-- 3,500.00 13 865 60 , . -..... 17,365.60 .._.. 3,500.00 13,865.60 9.82 O. 17,365.60 9.31 Farmers ô Merchants Bank, Kennard, Nebr. "GOING BANK" PERIOD June 24, 1924 to December 17, 1927 Liabilities Deposits Bills Payable Other Liabilities Total 6-24-24 Increase Decrease $321,817.67 10,000.00 2,839.73 $142,761.87 10,000.00 428.35 S334,657.40 $152,333.52 Per cent of Net Decrease 45.51 The net decrease in liabilities during the "goitv, bank" and receivership periods was 52.32 per cent. -TAXimg airol,v. ect Secured claims Preferred claims... General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - cifilleZtions- - r guarafityltura 1-. - 1 otnl paynlents - -toclaims all- Owed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits y. Failure of affiliated institution (Name) State Bantc/3qiila 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? 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? 1921-1922 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 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1927 $3,158.00 1928 Collections on stockholders liability 600.00 Total $3,758.00 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 M • National bank State bank Name of State O Trust company O Stock savings bank El NEBRASKA Mutual savings bank O Private bank 1. Name of ban 2. Date organized l‘e-riffii'd State Ba nk 3-22-1915 Date suspended 3. Federal reserve district Town or City 5-16-29 Ten Kennard 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 'Iashingt on '' 385 Nonmember liky 16, 1930 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ 112,881.58 Total loans and discounts 14,129.32 Real estate acquired in satisfaction of debts Investments 12,925.66 All other resources 139,936.56 Total resources 15,0001'00 Capital Surplus and undivided profits DefIeit 1,527.95 Deposits: 902.93 Due to banks** 60,203.53 Demand deposits, including U. S. Govt. deposits 51,358.05 Time deposits, including postal savings 112,464.51 Total deposits •••••• Borrowings from F. R. bank 14,000.00 Borrowings from other banks All other liabilities 139,936.56 Total liabilities Yes 7. Has this bank been reopened? If so give: 6-22-29 Date of reopening Kennard State Bank Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Claims were not estaVished before reopening. Preferred claims There was a 50'7, write-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. HOYE STLIE BANK,2KE1N.ARD. Amount Estimatei Loss Per Cent of Estimated Loss to DeDositors Estimated Loss On: Secured Deoosits & Offsets Uhsecured Deposits $ 10,694.71 101 769.80 None $29,62487 29.11 Total $112 464.51 p29L624.87 26.34. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis IMO 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims.. . . General claims. . .. Total claims.. .. If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured Dividends paid from collections claims Preferred claims General claims. . Total claims. . .. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • • 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 Ge no 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 jJ State bank • Trust company • Stock savings bank • I‘TEB RASKA [i] Mutual savings bank El Private bank 1. Name of bank 2. Date organized Kilgore aate Bank 2-1-1909 3. Federal reserve district Town or City Date suspended 10-27-21 Ten Kilgore 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 Cherry 274 'Pember 6. Condition figures, as of (date*) September 16, 1921 Loans and discounts: On real estate Other 179,728.73 Total loans and discounts \7 11,000.00 Real estate acquired in satisfaction of debts Investments 15,735.00 5,331.70 All other resources 211,795.43 Total resources 25,000.00 Capital 6,741.48 Surplus and undivided profits Deposits: 245.62 Due to banks** Demand deposits, including U. S. Govt. deposits 56,750.09 Time deposits, including postal savings 95,910.72 152,915.44 Total deposits Borrowings from F. R. bank 7,735.75 Borrowings from other banks 16,350.00 3,052.76 All other liabilities 2111795.63 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 9. Is this bank still in process of liquidation? Ye 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 24,0,35.75 Preferred claims 24,085.75 --- 24,085.75 100. 161,399.95 Secured claims 13,727.17 147,672.78 161,399.95 100. General claims. 10,012.32 Total claims. -_- 195,498.02 0001MWO 37,812.92 10. Has this bank been finally liquidated? 147,672.78 ...MGM 185,485.70 0. 94.87 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).. . Dee led on..or.o.griciatural Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye s Stock raising If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1919-1920 sion? 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 on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1925 1929 Total $7,832.26 1,0uu.00 ` 332 26 13 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 • NEBRASKA • Mutual savings bank O Private bank 1. Name of bank Citizens State Bank 2. Date organized 10-24-1908 3. Federal reserve district Date suspended Town or City Kimbal 11-26-22 Ten Population of town or city* 1620 Member or nonmember of F. R. System_Nonmemixt 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---16-mball 6. Condition figures, as of (date*) November 28, 1922 Loans and discounts: On real estate Other Total loans and discounts 429,255.74 $ 24,295.77 Real estate acquired in satisfaction of debts \\(7\ Investments 70,615.20 All other resources 524,166.71 Total resources 50,000.00 Capital 11,384.16 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 113,654.10 207,883.08 $ Total deposits 321,537.18 Borrowings from F. R. bank 136,015.87 Borrowings from other banks 5,228.50 All other liabilities 524,166.71 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? 108 If so give payments to date: June 30, 1930. (Amounts in dollars) .. Claims allowed Dividends paid from collections 13,015.L37 136,015.87 Preferred claims... 304,748.00 292131.03 General claims. . . . —. 4,898.00 Secured claims Payments from guaranty fund --299,850.00 --••• OM AM MO 10. Has this bank been finally liquidated? Per cent of payments to claims allowed 136,015.87 100 304,748.00 100 .I..ali NIP 0 ,.. 140,913.87 Total claims.... 469, 894090 Total payments 299,850.00 440,763.87 19742 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 loaning 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 wheat growing What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1920 — 21 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, 1924, 1925 1929 12 791.93 300.00 00.00 1500.O0 4, 9 . 3 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following Li National bank O State bank Name of State O Trust company O Stock savings bank • NEB FiASKA 0 Mutual savings bank O Private bank 1. Name of bank ke id St t Bank Lase State B 2. Date organized 4-7-1914 3. Federal reserve district Date suspended Te n Town or City Lakeside 8-6-27 Population of town or city* 213 Member or nonmember of F. R SystemNonmembe 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 Sheridan 6. Condition figures, as of (date*) August 6, 1927 Loans and discounts: On real estate Other $ Total loans and discounts 56,534.64 7,200.00 Real estate acquired in satisfaction of debts • Investments 111 827.80 , All other resources 75 562,44 Total resources 11,000..00 Capital 2,751,00 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 1,722.23 36,25305 16,735,50 54,711.68 Total deposits Borrowings from F. R. bank Borrowings from other banks 3,069.71 All other liabilities 4,030.05 75,562.44 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? l 3 ie 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 3,069.71 Preferred claims 3,069.71 _-_ 3,069.71 56,953.31 Secured claims .37,019.68 -_- 37,019.68 65.00 -_- --_ -__ 0. 40,089.39 -_- 40,089.39 General claims. . .. 51.37 Total claims. . .. 60/ 074.39 100. 66.73 __ Lakeside State Bank, Lakeside, Nebr. "GOING BANK" PERIOD Liabilities Deposits Bills Payable Other Liabilities Total June 3, 1927 to August 6, 1927 6-3-27 Increase Decrease $56,013.24 3,069.71 51.37 $1,301.56 $59,134.32 $2,677.12 Per cent of Net Decrease er. 3 978.68 Increase 4.52 The net decrease in liabilities during the "going bank" and receivership periods was 66.20 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 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? 1921-1q22 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 Prior az5sessrents 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 El State bank O Trust company O Stock savings bank • NEBRASKA rj Mutual savings bank O Private bank 1. Name of bank 2. Date organized hoar St ate Bane 4-10-1015 3. Federal reserve district Town or City 6-8-29 Date suspended To n Lamar 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 B- F.PR,,s-I; in Ba. kg * Latest census 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 Chase 110 ntne nib er 6. Condition figures, as of (date*) June 8, 1929 Loans and discounts: On real estate Other $ 53,758.99 Total loans and discounts 10,450.00 Real estate acquired in satisfaction of debts Investments 18 578.08 All other resources 82,787.07 Total resources 25, 000.00 Capital 7 170.07 , Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 559.4.0 3 4,74-0 13 ' . 28,681.02 $ 64,380.53 Total deposits Borrowings from F. R. bank 36R.21 Borrowings from other banks 208.40 All other liabilities 82,787.07 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 Dividends paid from collections Payments from guaranty fund Per cent of payments to claims allowed Total payments 368.21 368.21 --- 368.21 64,505.94 --- lc 553.c6 -, .., 24.11 667.37 15,553.56 _-- --- —__ O. 5 Total claims. .. . • 9 541.52 15,921.77 —_— 15,921.77 Secured claims Preferred claims General claims. . . 100. 24.29 Lamar State Dank, Lamar, Febr. "GOING BANK" PERIOD April 28, 1928 to June 8, 1929 Liabilities 4-28-28 Deposits Fayable Other Liabilities $66,230.99 15,000.00 916.71 $ 1,850.46 14,631.79 708.31 $82,147.70 $17,190.56 Total Decrease Per cent of Net Decrease 20.92 The net decrease in liabilities during the "going bank" and receivership periods was 39.59 per cent. pilau irom collections 1_71 v iCleitilb Claims allowed Secured claims Preferred claims General claims. Total claims. . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Payments rrom guaranty fund — 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) Gonne i•c5 al. Bank of Grant Vena.ngo State bank 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 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 ? 1921-1922 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 on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 1920 Total $70.00 11.42 $84.42 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP 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 '90 • National bank Name of State State bank E] Trust company El Stock savings bank • rj Mutual savings bank NEBRASKA LI Private bank 1. Name of bank 2. Date organized State Bank of Laurel 12-9-1918 Date suspended laurel Town or CityCounty Cedar 4-2-29 Population of town or city* Ten 3. Federal reserve districtMember 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 830 Nome mb or 6. Condition figures, as of (date*) April 2, 1929 Loans and discounts: On real estate Other $ 35,291.52 Total loans and discounts Real estate acquired in satisfaction of debts Investments 37,531.30 All other resources 72,822.92 Total resources Capital 25,000.00 Surplus and undivided profits 10,850.63 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 30,855.23 Time deposits, including postal savings 13,621.08 $ 44,476.36 Total deposits . Borrowings from F. R. bank Borrowings from other banks 14,197.19 All other liabilities 72,822.92 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? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed None Secured claims 46,186.15 Preferred claims 1,037.97 General claims. . . 47,224.12 Total claims. .. Dividends paid from collections -_- Payments from plammity fund Per cent of payments to claims allowed Total payments __- --- 16,295.30 --- 16,295.30 --_ --- --- 0. 16,295.30 --- 16,295.30 34.50 35.28 State Bank of Laurel, Laurel, Yebr. "GOING BANK" PERIOD December 28, 1927 to April 2, 1929 Liabilities 12-28-27 Deposits Bills Payable Other Liabilities Total Increase ' Decrease Per cent of Net Decrease $252,239.00 20,000.00 148.57 $207,762.64 20,000.00 14 048 62 . $272,387.57 $213,714.02 78.45 The net decrease in liabilities during the "going bank" and receivership, periods was 88.64 per cent. Claims allowed collections guaranty fund Total payments Secured claims Preferred claims General claims. ... Total claims. . . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ' - -- - laims a jWecito c vlio -- 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Lack of ItIfatillet41% 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? 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? 1921-1922 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 Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 amounts of all assessments ')14,052.62 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Li Name of State State bank O Trust company O Stock savings bank • O Mutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized Dawson County State Bank 1-3-1916 3. Federal reserve district Date suspended Ten Lexington Town or CityCounty 7-10-29 Population of town or city* 2327 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 Dawson July 10, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ 451,325.55 Total loans and discounts 2 35,678.49 Real estate acquired in satisfaction of debts -) 127,904.85 Investments 122,692.50 All other resources 737,601.39 Total resources Capital 50,000.00 Surplus and undivided profits 24,368.23 Deposits: Due to banks** Demand deposits, including Li. S. Govt. deposits 346,732.18 305,500.98 Time deposits, including postal savings Total deposits $ 652 233,16 ' Borrowings from F. R. bank 11,000.00 Borrowings from other banks OM/..11.• All other liabilities 737,601.39 Total liabilities 7. lIas this bank been reopened? Date of reopening Name under which reopened Yes If so give: 7-26-29 DawsonCounty State sank Loss to depositors on: Amount of loss Secured claims Claims were not est ablished before s Preferred claims reopen- I-IE. I Per cent of loss to claims There was no write -down General claims Total * Condition items should be as of date of suspension, if possible, 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: Qheck in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc O x Insufficient diversification 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 ? 1922-1923 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 0 National bank Name of State [1] State bank 3 2b 0 Trust company 0 Stock savings bank NEBRASKA 0 Mutual savings bank Private bank 1. Name of bank First State Basil: Town or City / 2. Date organized 4-13-1905 3. Federal reserve district Population of town or city* Lancaster 54948 Nonmember Member or nonmember of F. R. Systetn__ 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 7- Date suspended Ten Lincoln 6. Condition figures, as of (date*) January 24, 1930 Loans and discounts: On real estate Other $ 144,999.4.7 Total loans and discounts 7,855.00 Real estate acquired in satisfaction of debts 100.00 Investments 58,678.97 All other resources 211,633.44 Total resources 50 000.00 Capital 3,490.39 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 13,376.38 117,473.31 33 825.85 , $ 164,675.54 Total deposits Borrowings from F. R. bank Borrowings from other banks 448.29 All other liabilities 211,633.44 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? 783 If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Payments from guaranty fund -- Claims allowed --.. . Secured claims Trust Funds Preferred claims 866.6,5 141,187.0 --_ 1,072. General claims _—_ ___ 57,533.81 143,126.2 Total claims --- 56,g88:0g 10. Has this bank been finally liquidated? Total payments Per cent of payments to claims allowed --- 56I ggg.g — 57,533.81 100 40.13 0 40.10 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) lasuse 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 and industry What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1923 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 Y0s If so, give dates and amounts of all assessments June 1930 — Q174.65 M■111111110. al. FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 O State bank O Trust company O Stock savings bank • El Mutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized Midland Savings Bank 5-18-1918 3. Federal reserve district Town or City Date suspended 7-1-1921 Ten Lincoln Population of town or city* 54948 Member or nonmember of F. R. System_l o 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 Lancaster 6. Condition figures, as of (date*) July 1, 1921 Loans and discounts: On real estate Other Total loans and discounts $ 54 ,140.3,0 •••••en Real estate acquired in satisfaction of debts MIS.1111 Investments 7,176.53 All other resources 61,316.63 Total resources 35,000.00 Capital 13.65 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 19,511.69 $ 19,511.69 Total deposits Borrowings from F. R. bank 6,500.00 Borrowings from other banks 291.29 All other liabilities 61,316.63 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: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total Yea 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 6,500.00 6,500.00 ...... 6,500.00 100 19,711.74 19,711.74 --- 19,711.74 100 Total claims. . .. 26,211.74 26,21144 --- 26,211.74 100 Secured claims Preferred claims General claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims 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) Railur.e.a.latge.debtor-(Nttnie).Lang • ter rn• loan e• .ora. real. estate, Other causes, (specify) Too small a business to be profitable 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 and industry What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1920 — 23. 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 Prior assessments cannot be deteridned. 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 El National bank Name of State O State bank O Trust company O Stock savings bank • • Mutual savings bank I\EBRASKA Private bank 1. Name of bank 2. Date organized Lindsay state Bank 9-23-1395 3. Federal reserve district Date suspended Ten Town or City 5-23-29 Lindsay 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 Platte 490 'Tome mbe r 6. Condition figures, as of (date*) May 23, 1929 Loans and discounts: On real estate Other Total loans and discounts 60,735.95 Real estate acquired in satisfaction of debts 65,145.45 \)\ Investments 50,618.67 All other resources 176,500.07 Total resources Capital 35,000.00 Surplus and undivided profits 27,352.34 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 52,035.42 116,673.80 Total deposits 168,709.22 Borrowings from F. R. bank Borrowings from other banks liabilities143.69 All other 176,500.07 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. ... General claims. .. . Payments from guaranty fund --- None 173,601.30 Preferred claims Dividends paid from collections Per cent of payments to claims allowed -_- _-- --._ 43,400.71 431 400 71 . ___ 25.00 43t 400 71 • 24.96 -_- 231.10 Total claims. . .. 173,832.40 Total payments _-_ 43,400.71 O. Lindsay State rank, Lindsay, flebr. "GOING BANK" PERIOD January 17, 1928 to May 23, 1929 1-17-28 Liabilities Deposits Bills Payable Gther Liabilities Total Decrease $280,617.11 15,000.00 143.69 $111,907.89 . 15,000.00 $ 295,760.80 Per cent of ret Decrease $126,907.89 42.90 The net decrease in liabilities durirg the "going bank" and receivership periods was 55.89 per cent. ... ,.. .,. ,- Secured claims Preferred claims General claims. ... Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis gual all Ly 1 llial 1 u Litt pay LITtfiro - 1ArCILLITIISCLIKIWCCI 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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 alricultural prices Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye 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? 1021-1922 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 1930 : ,;5.36 • 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 O National bank Name of State gl State bank O Trust company O Stock savings bank • O Mutual savings bank NEBRASKA O Private bank Bank of Litchfield 1. Name of bank__State 2. Date organized 744-1914 3. Federal reserve district Date suspended Ten Town or City Litchfield 6-5-29 Population of town or city* Sherman 428 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*)11=_,5,1,9.29 Loans and discounts: On real estate Other $ 26,284.01 Total loans and discounts 32,250.00 Real estate acquired in satisfaction of debts Investments 9,426.46 All other resources 67,960.47 Total resources Capital 25,000.00 Surplus and undivided profits 15,035.53 Deposits: 42.79 Due to banks** Demand deposits, including U. S. Govt. deposits 25,663.48 Time deposits, including postal savings 32,169.73 $ 57,896.00 Total deposits Borrowings from F. R. bank Borrowings from other banks 100.00 All other liabilities 67,960.47 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 b'ank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed --- --- 5,901.84 --- None Secured claims Payments from guaranty fund Dividends paid from collections Preferred claims.. . 59,016.98 Total payments Per cent of payments todaimsallowed ••••••••• 5,901.84 10. 0 General claims. . .. 59,016.98 Total claims --- 5,901.84 5,901.84 10. State Bank of Litchfield, Litchfield, Neb. "GOING BANK" PERIOD October 26, 1928 to June 5, 1929 Liabilities 10-26-28 Decrease Deposits Bills Payable Other Liabilities Total Liabilities $70,938.80 19,895.70 $13,042.80 19,895.70 90,834.50 32,938.50 Per Cent of Net Decrease 36.27 The net decrease in liabilities during the "going bank" period and receivership period was 41.50 per cent. 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. Contributing cause Primary cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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? 19'41 — 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 1929 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $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 o National bank Name of State E9 State bank El Trust company • O Stock savings bank • Mutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized The American State Bank 12-11-195 0 Date suspended Long Pine Town or City 6-12-22 Ten 3. Federal reserve district Brown Population of town or city* 1200 Non member Member or nontnember 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*) June 12, 1922 Loans and discounts: On real estate Other $ 364,256.00 Total loans and discounts Real estate acquired in satisfaction of debts 5\9\\ Investments 40,395.74 All other resources 403,651.74 Total resources 50,000.00 Capital 6,247.10 Surplus and undivided profits Deposits: $ Due to banks** 314.34 87-,417.15 Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 187,630.3.9 $ 290,361.68 Total deposits Borrowings from F. R. bank 56,661.41 Borrowings from other banks 9,875.75 All other liabilities 403,651.74 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 claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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 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 59,661.41 Secured claims Payments from guaranty fund 59,661.41 59 , 661 041 302,55.57 14 754.01 --- —-- 84,415.42 277,804.56 277,804.56 General claims. ... Total claims. . .. 362,219.98 • Per cent of payments to claims allowed 011111.1111. --- Preferred claims.. Total payments 100 302,558.57 100 —-- 362, 219.98 100 Total payments Per cent of payments to claims allowed k 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) Deflation live stock values 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 cattle raising 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 Yes If so, give dates and amounts of all assessments Collsctions on stockholders liability, 1.926, a4,000.00 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 E] State bank O Trust company ▪ Stock savings bank • 1=1 NEBRASKA Mutual savings bank El Private bank 1. Name of bank 2. Date organized Brown County Bulk 9-8-1695 3. Federal reserve district Date suspended Ten Town or City 4-16-21 Long Pine Population of town or city* Brown 1200 Non member 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*) April lb, 1921 Loans and discounts: On real estate Other $ Total loans and discounts 370,875.29 3,466.40 Real estate acquired in satisfaction of debts 400.00 Investments 22,413.18 All other resources 297,154.87 Total resources 50,000.00 Capital 6,249.85 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 9,360.68 108,425.3.6 172,102.64 $ 2b9,888.48 Total deposits Borrowings from F. R. bank 47,853.40 Borrowings from other banks 3,163.3.4 All other liabilities 397,154.87 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 47, 553.4C Secured claims Yes Payments from guaranty fund 47,853.40 ...... Total payments Per cent of payments to claims allowed 47,853.40 100 270,436.3 General claims 102,390.30 166,046.30 270,436.30 100 31,94.5 Preferred claims --- --" --- 0 350,235.2 Total claims. 150,243.70 10. Has this bank been finally liquidated? 168,046.30 318,269.70 90.87 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 O Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment,laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) deflation cattle values • 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 cattle raising What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 193.9 — 20 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, 1923, cash U21,500.00 notes judgments 20,000.00 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total Q50,000.00 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 /R C • 0 National bank Name of State Ej State bank O Trust company • O Stock savings bank O Mutual savings bank NEBRASKA O Private bank Farmers State Bank 1. Name of bank__ 2. Date organized 1-2-1900 3. Federal reserve district Date suspended Town or City I ), -/3r i l 2 iti 13O Ten T Loomis 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 Phelps 238 Nonmember 6. Condition figures, as of (date*) February 16,1930 Loans and discounts: On real estate Other 86,879.88 Total loans and discounts 7,400.00 Real estate acquired in satisfaction of debts 10,000.00 Investments 13,216.21 All other resources 117,596.11 Total resources 15,000.00 Capital 4, r . )44 94 Surplus and undivided profits Deposits: 3,610.11 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 30,225.18 51,678.10 $ Total depdsits 85,513.39 Borrowings from F. R. bank 12,365.34 Borrowings from other banks 72.44 All other liabilities 117,596.11 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 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 Payments from guaranty fund 12,365.34 12,365.34 ...... 12,365.34 100 " 2,936.93 2,936.93 ----- 2,936.93 100 , Claims allowed Total payments Per cent of payments to claims allowed _ claims Trust Funds Preferred claims Secured 66,234.63 General claims Total claims. . . . --15,302.27 72.44 . 81,609.34 -Mb ........ 10. Has this bank been finally liquidated? IMPF 0 Ift01.40 15,302.27 0 18.75 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) general deflation 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 agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1927 - 1925 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 IE State bank O Trust company O Stock savings bank • •. A,lutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized Lorenzo State Bank 6-9-1919 3. Federal reserve district Date suspended Town or City Lorenzo 1-1 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 C;hey enne 26 Non member 6. Condition figures, as of (date*) January 19, 1924 Loans and discounts: On real estate Other $ 55,676.91 6,650.61 )9 \ Total loans and discounts Real estate acquired in satisfaction of debts Investments 3,751.09 All other resources 66,276.61 Total resources 15,000.00 Capital 509.79 Surplus and undivided profits Deposits: $ 8,273.56 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 9,342.88 18;031.58 $ 35,648.02 Total deposits Borrowings from F. R. bank 15,770.1.7 Borrowings from other banks 370.21 All other liabilities 66,278.61 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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? Yes If so give payments to date:June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims 15,770.17 15,770.17 Preferred claims 30,778.83 14,028.83 6,525.86 11 324015 53,074.88 31,123.15 General claims. ... Total claims 10. Has this bank been finally liquidated? Payments from guaranty fund ......— 16,750.00 am ••••• 16,750.00 Total payments Per cent of payments to claims allowed 15,770.17 100 30,778.83 100 , 11 324.3.5 20029 47,873.15 90.39 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) 424-;afge•4614toF 4NeRIS. 31213 Utd:icient• busi ness Other causes, (specify) LaX enforcement of state banking laws 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 wheat raising What was the approximate date of the beginning of the difficulty which ultimately caused the suspenmon? 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, 1925, 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 Ej National bank Name of State El State bank O Trust company O Stock savings bank O NEBRASKA Mutual savings bank O Private bank Lor et o StateBe.nk 1. Name of bank_ 2. Date organized 1-4)-3909 3. Federal reserve district Date suspended Town or City 4 r4- 93C " ' Ten Loretto Population of town or city* Boone 213 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, 3930 Loans and discounts: On real estate Other 60 509• 16. ) $ Total loans and discounts Real estate acquired in satisfaction of debts \, 5,356.92 5,000.00 Investments 15,58.92 All other resources 86,545.00 Total resources 10,000.00 Capital 8,341.10 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 1,485.46 39,004.87 271670.12 Total deposits $ 68,160.45 Borrowings from F. R. bank Oa •••• Borrowings from other banks A AK •, • All other liabilities 86,545.00 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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? Yes 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.... Preferred claims... Claims not est blished to dte, 6-30-30. General claims.... Total claims If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund , Secured claims Preferred claims General claims Total claims 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) lack of bugineps 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? 1927 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 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 31) ' 111 National bank Name of State E] State bank • LI Trust company LI Stock savings bank LI Mutual savings bank NEBRASKA Li Private bank 1. Name of bank 2. Date organized Lovp City State Bank 1-3-05 3. Federal reserve district Town or City Date suspended 12-11-29 10 Loup City Population of town or city* 1379 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 Sherman Nonmember 6. Condition figures, as of (date*) Dec. 11, 1929 Loans and discounts: On real estate Other $ 298.625.75 Total loans and discounts 33,928.34 Real estate acquired in satisfaction of debts 15° Investments 792.05 27,885.07 All other resources 361,231.21 Total resources 50,000.00 Capital 4,091.18 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings $ 272,985.66 Total deposits Borrowings from F. R. bank 34,107.15 Borrowings from other banks 47.22 All other liabilities 361,231.21 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 • If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes June 30, 1930 If so give payments to date: (Amounts in dollars) Dividends paid from collections Payments from guaranty fund 34,107.15 33,876.13 --- 266,367.29 14,157.33 Claims allowed Secured claims Preferred claims... 6,302.30 General claims. . .. 306,776.74 Total claims Total payments Per cent of payments to claims allowed --- 48,033.46 --- 99.32 14,157.33 __- 33,876.13 5.31 0 MM... 48,033.46 15.65 "GOING BANK" PERIOD November 14, 1929 to December 11, 1929 11-14-29 Liabilities Decrease Increase $265,059.90 55,800.00 $ 7,925.76 21,692.85 47.22 $320,859.90 Deposits Bills Payable Other Liabilities Per Cent of Net Decrease $13,719.87 4.27 The net decrease in liabilities during the "going bank" period and receivership period was 19.35 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 Ccntributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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? 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 0j 10.1. 0 • National bank Name of State El State bank El Trust company O Stock savings bank • LJ Mutual savings bank 1EBRASKA O Private bank 1. Name of bank Lyman St ate Bank 2. Date organized 11-26-20 3. Federal reserve district Date suspended Town or City 5-29-29 Ten Lyman 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 Scott s 1100 Nonmembe r 6. Condition figures, as of (date*) 7:ay 29, 1929 Loans and discounts: On real estate Other $ 104,400.34 Total loans and discounts Real estate acquired in satisfaction of debts 5,060.78 Investments 17 16030 ,. All other resources 126,621.42 Total resources 15,000.00 Capital 6,502.30 Surplus and undivided profits Deposits: Due to banks** 11,054.05 Demand deposits, including U. S. Govt. deposits 72,648.81 Time deposits, including postal savings 33,783.36 $ 117,486.22 Total deposits Borrowings from F. R. bank Borrowings from other banks 633.00 All other liabilities 126,621.42 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 $ If so give payments to date: J une 30, 1930 (Amounts in dollars) Claims allowed None Secured claims. 104,283.30 Preferred claims 91 779.21 General claims. . . Total claims. . 1147 063.01 Dividends paid from collections --10 630.42 , --10,630.42 Payments from planarity fund Total payments --- Per cent of payments to claims allowed --- --- 10,630.42 --- 10.19 _-- --... 0. 10,630.42 9.31 Lyman State Bank, Lyman, Nebr. "GOING BANK" PERIOD April 19, 1928 to May 29, 1929 Liabilitios Deposits Bills l'ayable Other Liabilities Total 4-19-28 $'121,076.05 30,500.00 638.00 U52,214.05 Decrease Per cent of Net Decrease $'3,589.83 30,500.00 1 '. 9 089 8'4 • •-;'34 22.39 The net decrease in liabilities during the "going bank" and receivership periods was 32.04 per cent. r ei icAjl.,111,11,11. 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 CCM 01 payinems 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 suspen1924-1925 sion? 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 1930 000.00 1..)64:,6„ „ (-AA FEDERAL RBSERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING .1q1(0 ut\ t tq l6 i (i- '( 612-u-L4-1 BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 O Trust company O Stock savings bank • O IEBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Security State Bank 2-23-1917 3. Federal reserve district Date suspended . Lynch Town or City 3-15 26 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 Boyd County 589 Nonmember 6. Condition figures, as of (date*) March 15, 1926 Loans and discounts: On real estate Other $ 194,974.20 Total loans and discounts Real estate acquired in satisfaction of debts 171,099.22 Investments All other resources 21,631.03 Total resources 387,704.45 Capital 20,000.00 Surplus and undivided profits 20,843.50 Deposits: Due to banks** 100.50 Demand deposits, including U. S. Govt. deposits 139,253.40 Time deposits, including postal savings 247,315.38 386,670.28 Total deposits Borrowings from F. R. bank Borrowings from other banks 1,1377.77 All other liabilities 387,704.45 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? I re9 If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims. . . . None 387,138.92 Preferred claims 1,877.77 General claims.... 389,016.69 Total claims. Dividends paid from collections --- Payments from guaranty fund Total payments --- Per cent of payments to claims allowed --- 994 1.57.90 287,981.02 387,139.92 ....- --_ --- 99,157.90 287,981.02 387,138.92 100 0. 99.61 Security State Bank, Lynch, Nebr. "GOING BANK" PERIOD November 11, 1924 to March 15, 1926 Liabilities 11-11-24 Increase Decrease -eposits Bills Payable Other Liabilities c)381,200.21 29,285.32 3,007.66 5,470.07 29,285.32 1,129.89 Total $'413,493.19 $24,945.14 Per cent of Net Decrease The net decrease in liabilities during the "going bank" and receivership periods was 99.54 per cent. Secured claims. . . Preferred claims... General claims. . .. Total claims.. .. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6.03 11. Causes of suspension: Check in the appropriate column those of the following 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 x 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).Paflv.t i0X1 .Q'. 43 .griPAlt;r1r.a.1 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? 1921-1922 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 1926 1927 1928 Total $8,220.50 843.60 846.00 $9,910.10 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Ed State bank Name of State O Trust company O Stock savings bank • O 1EB RA SKA Mutual savings bank O Private bank Citizens State bank 1. Name of bank 2. Date organized 6-1-1917 3. Federal reserve district Date suspended Town or City 8-12-26 Ten Lyons Population of town or city* NIember 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 Burt 1025 No 6. Condition figures, as of (date*) August 12, 1926 Loans and discounts: On real estate Other $ Total loans and discounts 93,836.19 Real estate acquired in satisfaction of debts 3,273.46 ti\ Investments 16,530.83 All other resources 113,640.48 Total resources 30 000.00 Capital 79,324.23 Surplus and undivided profits Deposits: 3,961.39 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 42,113.14 116,246.56 162,321.09 Total deposits Borrowings from F. R. bank Borrowings from other banks 643.57 All other liabilities 113,540.48 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? Ye 3 (Amounts in dollars) Claims allowed Secured claims .. None 17,912.70 --- 771.3 General claims.... Total claims. -_- 156,548.7 Preferred claims Dividends paid from collections 157,420.01 17, 112.70 Payments from guaranty fund Total payments 156,648.70 --138,736.01 Per cent of payments to claims allowed --- .• 1•••••• , 138 736 0 , . June, 30, 1930 -_156,648.70 100. O. 99.51 Citizens State Bank, Lyons, Nebr. "GOING BANK" PERIOD Liabilities Deposits Bills Payable Other Liabilities Total April 10, 1925 to August 12, 1926 4-1C-25 Decrease $212,065.50 30,000.00 12285 lc . $49,744.41 30,000.00 641.48 $243,350.65 $80,385.89 Per cent of Net Decrease 33.03 The net decrease in liabilities during the "going bank" and receivership periods as 99.68 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) General deflation • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry Ye s or agriculture? General farmin g 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? 19214922 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 1.99 7 Total $2,025.31 1.69 71_37/ :'$9000-On FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 State bank E] Trust company • Stock savings bank • El Mutual savings bank El Private bank 1. Name of bank 2. Date organized ?racy 3tate sank 5-12-1919 3. Federal reserve district Date suspended Te n Town or City 3-3-25 Jacy 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 Thurston 35 N °nine rib e r 6. Condition figures, as of (date*) August 3, 1925 Loans and discounts: On real estate Other 94,192.34 Total loans and discounts Real estate acquired in satisfaction of debts 7,500.00 A Investments 7,748.90 All other resources 109,441.74 Total resources 10,000.00 Capital 9,848.68 Surplus and undivided profits Deposits: 6,038.74 Due to banks** Demand deposits, including U. S. Govt. deposits 33,328.64 Time deposits, including postal savings 39,105.05 Total deposits $ 78 472.43 Borrowings from F. R. bank 10,807.45 Borrowings from other banks 313.13 All other liabilities 109,441.74 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 claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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 yn , 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 Total payments -- 10,807.45 100. 64,119.62 65,996.75 100. --- --- --- O. 12,684.58 64,119.62 76,804.20 87.0 101807..., 4 - 10,307.45 Preferred claims... 65,996.75 1,877.13 Secured claims. ... General claims. . .. 11,388.92 Total claims.. .. 88,193.12 Per cent of payments to claims allowed Macy State Bank , Macy, Nebr. GOING BANK" Pi_IOD Liabilities June 6, 1925 to June 7, 1923 6-6-25 Decrease Deposits Bills Payable Other Liabilities $79,299.34 11,057.45 604.05 41 Total $90,960.84 Per Gent of Net Decrease $1,367.78 826.91 250.00 290.87 1.50 The net decrease in liabilities during the "going bank" and receivership periods was 87.47 per cent. - -- Llaiffis alloVvecT Secured claims Preferred claims General claims.. .. Total claims. . .. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis con-eet -rons- - - - guaranty tuncl - - - 1 otal payments Lu Liam. auk" V5-c..0 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? 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? 1921-1922 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 Prior 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 , • National bank Name of State 0 State bank O Trust company O Stock savings bank • RASKA • Mutual savings bank O Private bank 1. Name of ban 2. Date organized LitdridExchange Bank 6-11-1900 3. Federal reserve district Date suspended Ton Town or City 6-8-29 1',ffadrid 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 Pe rkins 218 Nonmember 6. Condition figures, as of (date*) June 8, 1929 Loans and discounts: On real estate Other Total loans and discounts $ 125,613.48 Real estate acquired in satisfaction of debts r\\2 # Investments 7,263.43 All other resources 132,876.96 Total resources 25 000.00 Capital 5,525.22 Surplus and undivided profits Deposits: 87.04 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 58,9.?4-.51 1 53,835.35 $ 112,916.90 Total deposits Borrowings from F. R. bank Borrowings from other banks 377.31 All other liabilities 107.97 132,876.96 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) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments 377.31 377.31 -_- 377.31 112,966.43 11,776.07 --- 119 776 07 . --- -_- 12,153.38 --- Secured claims Preferred claims Per cent of payments to claims allowed 887.39 General claims. .. Total claims. . . 114,231.13 tia.drid Exchange Bank, 100. 10.42 •••••• Oa 0. 12,153.38 10.63 drid, Nebr. "GOING BANK" PERIOD !larch 21, 1928 to June 8, 1929 Deposits Bills Payable Other Liabilities Total Decrease 3-21-28 Liabilities $193,917.87 30,725.91 205.68 $81,000.97 30,348.60 97.71 $224,849.46 Per Cent of Net Decrease $111,447.28 49.56 The net decrease in liabilities during the "going bank" and receivership periods was 54.60 per cent. .._,I, LaLla•So 17C1,a,1 -1.1‘7111 Claims allowed Secured claims Preferred claims General claims. . .. Total claims. ... http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis collections 1 Cry ifIL...CO tn., IT , guaranty fund tri payments to claims allowed - - el" cent. I - 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? Ye s If so, state what industry or type of agriculture Gene ml fa rrni ng 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 otherwise, on the directors or stockholders either before or after the bank suspended? If so, give dates and amounts of all assessments Prior 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 -(7. 0. 11 L O National bank Name of State Ei State bank O Trust company O Stock savings bank • 7EBRASKA O Mutual savings bank O Private bank 1. Name of bank 2. Date organized Magnet State Bank 1-94902 3. Federal reserve district Date suspended Ten Town or City 4-4-28 Magnet Population of town or city* Cedar 153 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 40,698.18 7 316.75 , Real estate acquired in satisfaction of debts Investments 8,771.68 All other resources 56,786.61 Total resources Capital 15,000,00 Surplus and undivided profits 15,580.48 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 12,317.43 Time deposits, including postal savings 44,804.93 57,122.36 Total deposits Borrowings from F. R. bank Borrowings from other banks 244.73 All other liabilities 56,786.61 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: 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 June 30, 1930 If so give payments to date: (Amounts in dollars) Claims allowed None Secured claims. Preferred claims. General claims. . .. 58,903.48 Dividends paid from collections Payments from guaranty fund --- --- a,AaJa_ --.. 2,352.12 --- 2,451.66 4,803.78 -...- 0 2,352.12 105.15 Total claims.. .. 9,008.63 Per cent of payments toclaimsallovd Total payments 4,803.78 8.14 8.15 "GOING BANK" PERIOD October 2, 1926 to April 4, 1928 Liabilities 10-2-26 Deposits Bills Payable Other Liabilities Decrease $116,901.48 3,000.00 518.08 $59,779.12 3,000.00 473.35 $120,419.56 Per Cent of Net Decrease $63,252.47 52.52 The net decrease in liabilities during the "going baDie and receivership periods was 54.98 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 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) Lax Enforcement banking laws 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 Collections on stockholders liability 1928 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $900.00 • 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 Name of State J State bank O Trust company ▪ Stock savings bank • NEBRA.SKI 0 Mutual savings bank O , Private bank 1. Name of bank Malcoln State Bank 2. Date organized 9-8-1906 3. Federal reserve district Date suspended Ten Town or City Malcolm 10-23-28 Population of town or city* 125 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 Lancaster 6. Condition figures, as of (date*) Oct. 23, 1928 Loans and discounts: On real estate Other Total loans and discounts 22,396.60 48,028.32 Real estate acquired in satisfaction of debts Investments (4d 28,229.26 All other resources 98,654.18 Total resources 20,000.00 Capital 43,331.88 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 29;615.24 Time deposits, including postal savings 92;276.10 $ 121,891.34 Total deposits Borrowings from F. R. bank Borrowings from other banks 94.72 All other liabilities 98,654.18 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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 June 30, 1930 If so give payments to date: (Amounts in dollars) Claims allowed None Preferred claims. 126,142.22 692.91 Total claims. Payments from guaranty fund --- Secured claims General claims Dividends paid from collections 126,835.13 Per cent of payments to claims allowed Total payments ----- 40.180.30 --- 40.180.30 — --- 40,180.30 — 31.85 0 40,180.30 31.67 "GOING BANK" PERIOD April 6, 1927 to October 23, 1928 Liabilities 4-6-27 Deposits Bills Payable Other Liabilities $339,351.09 Decrease Increase Per Cent of Net Decrease $87,459,75 Oa4.111/M 23.40 $209,374.49 71.32 $87,388.43 The net decrease in liabilities during the "going Bank" and receivership periods was 58.61 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 Sq.P.ervi4i 1?Y Bar44n.g pppartrnent 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? Yee Ye If so, give dates and amounts of all assessments Collections on stockholders liability 1930 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $4000.00 • 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 ID National bank Name of State in State bank El Trust company • El Stock savings bank El Mutual savings bank NEBRASKA LI Private bank 1. Name of bank 2. Date organized Malmo State Bank 2-28-1917 3. Federal reserve district Town or City 4-16].93O Date suspendedPopulation of town or city* 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 Saunders 189 Nonmemb Nonmember 6. Condition figures, as of (date*) ' April 16, 1930 Loans and discounts: On real estate Other Total loans and discounts $ 49,q51.21 (C 7,582.76 Real estate acquired in satisfaction of debts 7,850.00 Investments 15,103.69 All other resources 80,487.66 Total resources Capital 15,000.00 419.75 Surplus and undivided profits Deposits: 64.24 Due to banks** Demand deposits, including U. S. Govt. deposits 15,960.52 Time deposits, including postal savings 41,479.40 $ Total deposits 57,504.36 Borrowings from F. R. bank 7,517.06 Borrowings from other banks 46.69 All other liabilities 80,487.66 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: 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 Secured Dividends paid from collections Claim not establish Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Preferred claims.. at date v -30. 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) lack of business 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 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 susi)ension notidetermined. • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 CI State bank O Trust company • O Stock savings bank O NEBRASKA Mutual savings bank O Private bank 1. Name of ban 2. Date organized Llarion State Bank 10-29-1906 3. Federal reserve district Date suspended Town or City Larion 11-16-1929 Population of town or city* Ten Re 250 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 ow 6. Condition figures, as of (date*) November 16, 1929 Loans and discounts: On real estate Other $ 61,911.20 Total loans and discounts 15,300.00 Real estate acquired in satisfaction of debts v: 4 Investments 4,000.00 All other resources 8 09 72 , . 90,020.92 Total resources 10,000.00 Capital 2 015.95 , Surplus and undivided profits Deposits: 266.71 Due to banks** Demand deposits, including U. S. Govt. deposits 27,448.48 Time deposits, including postal savings 39,874.31 $ Total deposits 67,589.50 Borrowings from F. R. bank 7,500.00 Borrowings from other banks 2,915.4.7 All other liabilities 90,020.92 Total liabilities 7. Bas this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Anzount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund 7,500.CO 7,500.00 --- /2 881.07 02'211.17 , Secured claims Trust funds Preferred claims ....— --- "-- General claims. . .. 121.12 2,881.07 15,561-61 .....- Total claims. ... 72,71:,‘).36 25,942.68 10. Has this bank been finally liquidated? Total payments 7,500.00 2,881.07 15,561.61 Per cent of payments to claims allowed 100 100 25.01 0 0.• NO 25,942.68 35.67 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) Insufficient business Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? lies 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 es If so, give dates and amounts of all assessments Collections on stockholder!, liability, April 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 • State bank 0 Trust company O Stock savings bank • O Mutual savings bank NIEB RAM 0 Private bank 1. Name of bank 2. Date organized Citizens State Bank 5.-1.4-1917 3. Federal reserve district Date suspended Ten Town or City &r I n5biirg 5-1-29 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 Di xn 305 Nonmembe r 6. Condition figures, as of (date*) June 1, 1929 Loans and discounts: On real estate Other 31,006.23 Total loans and discounts 5,193.92 Real estate acquired in satisfaction of debts \ Investments 9,265.98 All other resources 45,466.13 Total resources 15,000.00 Capital 6,225.97 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 8,908.98 12,669.13 $ Total deposits 21,578.11 Borrowings from F. R. bank Borrowings from other banks 2,66!-'.05 All other liabilities 45,466.13 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 June 30, 1930 If so give payments to date: (Amounts in dollars) Claims allowed secured None claims 99.27 General claims.. .. Total claims Payments from guaranty fund On ••• il. 23,806.43 Preferred claims Dividends paid from collections 23,905.70 Total payments NM 1111 WM ..... am 0. ___ 17,911.96 me 10 WI Per cent of payments to claims allowed 17,911.96 75.24 me MI* .• M.GIP 41. 0. 17,911.96 17,911.96 0.1011, MO 74.92 ^ Citizens State Bank, Martinsburg, Nebr. "GOING BANK" PERIOD June 19, 1928 to June 1, 1929 Liabilities 6-19-28 Incrense Decrease Deposits Bills Payable Other Liabilities Total :)122,929.39 Per Cent of Net Decrease *101,351.28 ill= NI. WO 4.0 62.05 0o 2,600.00 * 98,751.28 *122,991.44 80.29 The net decrease in liabilities during the "toing bank" and receivership periods was 95.12 per cent. ,....1a1111J allli 1V Gll Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .... - a1,,Y,J.1.10 , , b L.A./WA uy 1 1.111,1 l l. 1.0,1 pay'UGH L. , IA/ ClannS i 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) Xailturot Didoigecclebtox01=4 Other causes, (specify) .General deflat lack of business • 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 suspen1921-1922 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 129 ,i3,801.85 , FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP 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 State bank [=] Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank Tkrtinsburg State Bank 1. Name of bank_ 2. Date organized 10-3-1903 3. Federal reserve district Date suspended Town or City Ihrtinsburg 6-1-29 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 C County Dixon 305 No nme mb er 6. Condition figures, as of (date*) June 1, 1929 Loans and discounts: On real estate Other 20,922.54 Total loans and discounts Real estate acquired in satisfaction of debts 15,918.02 Investments 39,491.46 All other resources 76,332.02 Total resources Capital 20,000.00 Surplus and undivided profits 14,888.37 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 15,888.33 Time deposits, including postal savings 55,098.94 $ Total deposits 70,987.27 Borrowings from F. R. bank Borrowings from other banks 233.12 All other liabilities 76,332.02 Total liabilities . 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 73,231.56 Preferred claims 13.71 General claims Total payments --,_ None Secured claims Payments from guaranty fund Total claims. ... 3,245.27 --- --- 21,969.84 --- 21,969.84 --- --ow 21,969.84 OD.. me Per cent of payments to claims allowed 0•41M1.1 21,969.84 30.00 0. __ 29.99 Martinsburg State Bank, Martinsburg, Nebr. "GOING BANK" PERIOD Liabilities May 21 1928 to June 1, 1929 De crease 5-2-28 Deposits Bills Payab le Other Liabilities Total 84,701.04 Per Cent of Net De crease $13,713.77 1.478.69 $'36,412.85 $15,192.46 17.58 The net decfease in liabilities during the rgoihg bank" and receivership periods was 40.66 per cent. v a.....,ITC4.0 i.,,..rc, ,ruier- Claims allowed Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis collections r ct y TTIcfn.MUM - guaranty fund ... ..... t..,...iii, vi PctrileiM 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) FitilkOMPlatttexciettax(aZitt)..Rex()reU .Pcif.3rat tp.n • I4c Is of Busine so 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? 1921-1922 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 , :118.33 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 IE State bank 3517 Name of State 0 Trust company O Stock savings bank S O Nebraska Mutual savings bank O Private bank Maskell State Bank 1. Name of bank__ 2. Date organized 4-7-1908 3. Federal reserve district . maskeli Town or City Date suspended 1-30-1923 Ten Dixon Population of town or city* 165 Non 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 member 6. Condition figures, as of (date*) January 27, 1923 Loans and discounts: On real estate Other $ 152,693.51 Total loans and discounts Real estate acquired in satisfaction of debts ,(;) 10,437.33 Investments 69,479.44 All other resources 232,610.06 Total resources 20,000.00 Capital 256,70 Surplus and undivided profits Deposits: 495.54 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 40,218.62 122,454.35 $ 163,168.51 Total deposits OD OD OD Borrowings from F. R. bank 47,482.86 Borrowings from other banks 1,702.01 All other liabilities 232,610.08 'Dotal liabilities 7. Ilas this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: • Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total. * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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? 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 Yes If so give: 10. Has this bank been finally liquidated? September 27, 1929 Date liquidation was completed Collections: From liquidation of assets $ 95 685.68 ' 7,681.60 From assessments on shareholders 14,287.68 Other collections (explain) 117,654.96 Total collections Offsets to claims (loans paid, etc.) q411P.o.t.DP. PPgrAgfilt.e.d 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 47,482.66 47,462.66 177,605.49 46,967.92 Payments from guaranty fund --- --" 225,286.35 94,450.78 Total payments Per cent of payments to claims allowed 47,462.86 130,837.57 --130,837.57 100 177,805.49 100 --- 225,aiti.35 100 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) Newcastle State Bank, .Newcastle, Nebr. 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 forming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1920 — 1921 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,. 1923 1924 1927 19z9 — 4 — — — 7,000.00 Total 4 7,681.60 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 400.00 200.00 —151.6. 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 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 in State bank 0 Trust company O Stock savings bank • O "NEBRASKA Mutual savings bank O Private bank 1. Name of ban 2. Date organized MasonCity Banking Co.„ 3-10-1900 3. Federal reserve district Date suspended T Ten -Mason City Town or C,'Ity 4-29-29 Population of town or city* Custer 487 Member or nonmember of F. R. SystemNonme 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 April 27, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 264,822.90 Total loans and discounts 19,924.12 Real estate acquired in satisfaction of debts Investments 38,291.09 All other resources 323,038.11 Total resources 25,000.00 Capital 1,702.56 Surplus and undivided profits Deposits: 986.15 Due to banks** Demand deposits, including U. S. Govt. deposits 127,339.28 Time deposits, including postal savings 163,187.17 $ 291,512.70 Total deposits Borrowings from F. R. bank 4,822.85 Borrowings from other banks ••• 111.0 All other liabilities 323,038.11 Total liabilities 7. has this bank been reopened? Yes If so give: 5-14-29 Date of reopening Name under which reopened MasonCity Banking Co. Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Claims not establtshed before reopening. Preferred claims There was a 407. write-down of unsecured General claims demits yap,..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. MASON CITY BANKING CO., MASON C ITY. Amount Estimated Loss Per Cent of Estimetel Loss to Depositors Estimated Loss On: Secured Deposits & Offsets Unsecured Deposits http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total $ 9,480.60 282 032.10 None $107,512.85 38.12 $291,_512.70 tio7 512_ 36.88 85 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) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims... General claims. ... Total claims. . .. If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims.. . General claims Total claims. . 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) Death of President • 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? 1926-1927 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 e<i National bank Name of State : 0 State bank 0 Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of bank Maxwell State Bank 0 2. Date organized 10-10-193 Date suspended Town or City 6-6-29 Maxwell 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 410 Nonmember Ten 3. Federal reserve district Linpoln 6. Condition figures, as of (date*) June 6, 1929 Loans and discounts: On real estate Other Total loans and discounts '10,607 96 . $ 7,975.20 Real estate acquired in satisfaction of debts \\ Investments 32,666.54 All other resources 111,249.72 Total resources Capital 25,000.00 Surplus and undivided profits 18,762.79 Deposits: 33.16 Due to banks** Demand deposits, including U. S. Govt. deposits 6, ,733.80 0 Time deposits, including postal savings 43,805.72 Total deposits $ 104 572.68 Borrowings from F. R. bank Borrowings from other banks 439.83 All other liabilities 111,249.72 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 clainis 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.. 104,774.2,477.66 10 2 Total payments Per cent of payments to claims allowed None Preferred claims Payments from guaranty fund General claims. . .. Total claims. . --- 10. 1O,477.b6 --0 237.09 --- 10,477.66 105,011.31 10,477.66 9.97 LAxwell state Bank, Maxwell, Nebr. "GOING BAhK" PERIOD, March 23, 1928 to June 6, 1929 Increase Liabilities 3-23-28 Decrease Per Cent Deposits Bills Payable Other Liabilities ?140,096.89 35,524.21 004000 138.63 Q140,235..52 Total 201.20 31a2.31 of net decrease 25.18 The net decrease in liabilities during the "going bank" and receivership periods was 32.5d 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) Failikre-oLlarge-clehtor-(.1\1ame) General deflation ..lisuse of bank fund Other causes, (specify) • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? y 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 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 yes If so, give dates and amounts of all assessments Collections on stockholders liability 1929, jau... -••••••• Lf 617),A.c2.Llii,k) -DA-it itAtAl '\ ),),/, y f, ________• I1l-t--- \.• 2 IzA,14.1.itcia_ AZ lm Ell., „-:(11, J- „ / 6, 6 -64-1)q kit )1,111-4-1_,I^ "" PA-v-v-ed tt/ FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING t)--( " BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following o National bank O --- Name of State E State bank Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of bank Citizens Stu-to Bank 2. Date organized 7-25-1916 3. Federal reserve district Date suspended Town or City 7-24-23 Ten moCook Population of town or city* 4303 Non member 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 Redwillow 14 - 6. Condition figures, as of (date*) July 24, 1923 Loans and discounts: On real estate Other $ 367,644.73 Total loans and discounts Real estate acquired in satisfaction of debts Investments 49,3t37.99 All other resources 417 1 012.72 Total resources 50,000.00 Capital 2,267.69 Surplus and undivided profits Deposits: $ 12,363.40 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 8b,210.52 199, 909.40 $ 300,4b3.32 Total deposits Borrowings from F. R. bank 61,590.00 Borrowings from other banks All other liabilities 2,691.71 417,032.72 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 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) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed , 61,590.0 Secured claims 61,5_90.00 292,720.97 Preferred claims General claims.... Total claims.. . ..-- 187,220.97 105,500.00 ....... 2,385.12 ....., 246,610.97 356.696.09 105,500.00 61,590.00 100 292,720.97 100 -— '154,310.97 0 99.33 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) • Accomodation loans 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 on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1924, 1929$ Total $39,000.00 5,1p.00 044,150.00 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 ) Name of State El State bank El Trust company • Stock savings bank • NEBRASKA fl Mutual savings bank 0 Private bank 1. Name of ban 2. Date organized Security State Bank 8-14-1920 3. Federal reserve district Date suspended Ten Town or City 3-28-24 McGrew Population of town or city* 129 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 Scott sBitiff County Nonmevbe r 6. Condition figures, as of (date*) rc h 23, 1924 Loans and discounts: On real estate Other 85,655.29 Total loans and discounts 715.00 Real estate acquired in satisfaction of debts Investments 53,428.76 All other resources 94,799.05 Total resources 10,000 00 ! Capital 994.25 Surplus and undivided profits Deposits: 643.93 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 37,405.23 37,230.33 75,285.49 Total deposits Borrowings from F. R. bank 9,860.00 Borrowings from other banks 647.81 All other liabilities 94,799.05 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: 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 Preferred claims 9,860.00 28,076.28 --- 9,860.00 73,051.80 Secured claims.. .. Payments from guaranty fund General claims. . . --- 647.31 Total claims.. . 44,975.52 33,559.61 44,975.52 Per cent of payments to claims allowed 9,860.00 100. 73,051.80 100. --- 37,936.28 10. Has this bank been finally liquidated? Total payments 82,911.80 0. 99.22 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) General d of lati on 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 ? 1922-1 423 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 :;1500.00 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 State bank 0 Trust company O Stock savings bank O TM RASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized T.r.e Lean State Bank Town or City 1-6-1901 6-11-25 3. Federal reserve district Date suspended Ten McLean 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 Pierce 81 No nine nib er 6. Condition figures, as of (date*) Juno 11, 1925 Loans and discounts: On real estate Other $ Total loans and discounts 168,694.91 13,325.52 Real estate acquired in satisfaction of debts 3,063.90 Investments 26,026.45 All other resources 211,110.08 Total resources 15,000.00 Capital 1,695.39 Surplus and undivided profits Deposits: $ Due to banks** 51,226.71 38,403.14 Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 104,033.57 $ Total deposits 193,663.42 Borrowings from F. R. bank Borrowings from other banks 751.27 All other liabilities 211,110.08 Total liabilities has this bank been reopened? 7. I Date of reopening Name under which reopened Loss to depositors on: Ye s If so give: September 11 1925 McLeanState Bank Amount of loss Secured claims None Preferred claims None General claims Per cent of loss to claims None Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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. . .. _ 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 Ye s or agriculture? 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? 1921-1922 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 4315,000.00 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 [J National bank Name of State g] State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Meadow Grove State Bank 8-8-1895 3. Federal reserve district Date suspended Ten Town or City Meadow Grove County Madison 2-22-28 Population of town or city* Member or nonmember of F. R. System__ 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 449 6. Condition figures, as of (date*) February 22, 1928 Loans and discounts: On real estate Other Total loans and discounts 78 014 72 ' ' $ Real estate acquired in satisfaction of debts Investments 7,045.50 All other resources 1,742.47 86,802.69 Total resources 25,000.00 Capital 914216.94 Surplus and undivided profits Deposits: 44.52 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 12,148.32 138,796.79 $ Total deposits 150,989.63 Borrowings from F. R. bank Borrowings from other banks 2,030.00 All other liabilities 86,802.69 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 3 01 193 0 (Amounts in dollars) Claims allowed Secured claims 186.43 Total claims.. .. 154,815.90 Deposits Bills Payable Other Liabilities Total payments --- 148.98 Per cent of payments todaimsallowed --- 12,507.38 --- 12,358.40 --- 148.98 12,358.40 12,507.38 liGora; BANK" PERIOD Liabilities Payments from guaranty fund --- None Preferred claims.. . 54,629-47 General claims Dividends paid from collections --- 8.08 0 8.07 November 25, 1925 to February 22, 1928 11-25.-25 $247,808.31 22,546.85 Decrease Per Cent of Net Decrease $96,818.68 22,546.85 4101 ..1.0111. , $270,355.16 $119,365.53 44.15 The net decrease in liabilities during the "going bank" and receivership periods was 47.36 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 to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 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 1928 1929 1930 $2160.00 15.00 1029.74 $3204.74_ • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 bank 2. Date organized Security Bank 4-20-1905 3. Federal reserve district Date suspended Town or City Meadow Grove 12-14-1929 Population of town or city* Ten Madison 449 Member or nonmember of F. R. Systern_143nmember 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 14, 1929 Loans and discounts: On real estate Other $ 114,330.05 Total loans and discounts G 22,183.84 , \.\\ 5,244.38 Real estate acquired in satisfaction of debts Investments 17,073.43 All other resources 158,831.70 Total resources 40,0Q0.00 Capital 1,877.43 Surplus and undivided profits Deposits: 4,926.58 Due to banks** Demand deposits, including U. S. Govt. deposits 72,840.54 Time deposits, including postal savings 39,848.92 $ 117,616.04 Total deposits .11 ••• Borrowings from F. R. bank 3,011.34 Borrowings from other banks 81.75 All other liabilities 158,831.70 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? --- ..-- --- 105,695.31 2,227.16 100,456.79 Preferred claims --- 387.35 General claims Total payments 1930 Per cent of payments to claims allowed 0.111.1.... 3,011034 00100.0 100 2,227.18 100,456.79 100 100 000%0. 0 106,062.66 Total claims. Payments from guaranty fund 3,011.34 2,227.16 100,456.79 3,011.14 elai s AVdnres If so give payments to date: June 30, (Amounts in dollars) Dividends paid from collections Claims allowed ' Yes 105,695.31 99.63 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 deflation 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 forming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1927 - 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 yes Ilx,y 1930 If so, give dates and amounts of all assessments °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 LI National bank Name of State fn State bank Li Trust company O Stock savings bank • • Mutual savings bank NebrPska, 0 Private bank 1. Name of bank Security linrik 2. Date organized 4-5-1905 3. Federal reserve district Date suspended Town or City MPerin, GrovP County - 11-1-28 TEin Population of town or city* 4/ 19 Member or nonmember of F. R. Systern__Rommomber_ 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 /ifnd tson 6. Condition figures, as of (date*) October 31, 1928 Loans and discounts: On real estate Other Total loans and discounts $ Real estate acquired in satisfaction of debts 229,236.76 2q,123-.42 Investments All other resources 21,974.71 23 0.334.89 Total resources Capital 25.000.00 Surplus and undivided profits 2.3S1.70 Deposits: $ Due to banks** 5 665.23 4 Demand deposits, including U. S. Govt. deposits 110,807.20 Time deposits, including postal savings 11S 76 • $ Total deposits 229,503.19 Borrowings from F. R. bank Borrowings from other banks 23,500.00 All other liabilities Total liabilities 280,34.89 Yes 7. Has this bank been reopened? Date of reopening 12-12-28 Name under which reopened Loss to depositors on: If so give: Security Bank Amount of loss Per cent of loss to claims Secured claims There 1711A.no lomto Map.asitockholders Durchstsea Preferred claims nrvi rempve, underirnble assets 3 General claims Total * Condition items should be as of date of suspension, if possible, 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? 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 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..agrimaturel. =ices t X 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? 1923-1924 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 Assessments on directors or stockholders before or after susnension 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 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 [j] National bank Name of State [23 State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized American State Bank 3-27-1917 3. Federal reserve district Date suspended Town or City 1--21 8 Ten Llerriman uherry Population of town or city* 346 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 Non member 6. Condition figures, as of (date*) January ti, 1921 Loans and discounts: On real estate Other 7b,112.88 Total loans and discounts Real estate acquired in satisfaction of debts -e\\ • 591.00 Investments 11,922.91 All other resources 90,626.79 Total resources 15,000.00 Capital 590.61 Surplus and undivided profits Deposits: 9,270.01 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings " 23,352.70 35,578.04 6d,200.15 Total deposits Borrowings from F. R. bank Borrowings from other banks 6, $35.43 All other liabilities 90,626.79 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? Yes 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 None Secured claims 79,110.06 Preferred claims General claims. . .. 49,110.06 30,000.00 79,110.06 100 49,110.06 30,000.00 79,110.06 100 None Total claims. . .. 79,110.06 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 Yes or agriculture? If so, state what industry or type of agriculture et ock rai.sing What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1919 — 20 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, 1930, Total 6,200.00 3,000.00 1,100.00 329 09 .t FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O 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 Nebraska State Bank Town or City Lilfor d County ',301:::. rd U- f5-2 7 2. Date organized 4-1-1o91 3. Federal reserve district Datesuspended 1-25 123 Ten Population of town or city*792 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 6. Condition figures, as of (date*) January 25, 1930 Loans and discounts: On real estate Other $ 206,498.92 Total loans and discounts 14,900.00 Real estate acquired in satisfaction of debts ' ) \.9 4.• Investments 49,319.19 All other resources 270,71$.11 Total resources 35,000.00 Capital 9,645,11 Surplus and undivided profits Deposits: s - Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2,525.52 -72,089.51 146,620.19 Total deposits $ 221,235.22 00 Of WI Borrowings from F. R. bank 4,677.17 Borrowings from other banks 160.61 All other liabilities 270,716.11 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 9. Is this bank still in process of liquidation? 1's 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. . .. Trust Yunds Preferred claims . 49 67 7.1 671.2, 202,852.3 , 671.24 50,707.24 -__ --" 4,677.17 671.24 . 50,707 24 1 00 100 24.99 General claims. . .. .13,302.3; --- --" _-- 0 56,055.65 -_-. 56,055.65 221,512. kS Total claims —...— 4,677.17 25.30 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) Misuse 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 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 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 332 National bank Name of State El State bank i0 Trust company O Stock savings bank • NEBRASKA lutual savings bank 0 Private bank The First Sank of miller 1. Name of bank_ 2. Date organized 6-27-1687 3. Federal reserve district Date suspended Ton Town or City miller 2-24-1930 Population of town or city* 223 Member or nonmember of F. R. System N °me 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 County buffalo 6. Condition figures, as of (date*) February 24, 1930 Loans and discounts: On real estate Other 74,503.41 Total loans and discounts 16,132.13 Real estate acquired in satisfaction of debts 0t 22,885.24 , \ ' Investments 20,396.79 All other resources 135,919.57 Total resources Capital 25,000.00 Surplus and undivided profits 10,110.97 Deposits: 643.23 Due to banks** Demand deposits, including U. S. Govt. deposits 58,237.83 Time deposits, including postal savings 41,846.53 $ 100,727.59 Total deposits Borrowings from F. R. bank --" Borrowings from other banks All otherliabilities81.01 135,919.57 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? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims. .. . Trust Funs 7,15.07 80,550.51 Preferred claims General claims Total claims --- 62,839.46 Total payments Per cent of payments to claims allowed 715.07 --" ----- 715.07 --- 715.07 1;573.90 Payments from guaranty fund --_ 0 --- 715.07 .66 100 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 s or agriculture? If so, state what industry or type of agriculture general fming 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 2rior 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 :152 El National bank Name of State El State bank ID Trust company 0 Stock savings bank • El NEBRASKA Mutual savings bank El Private bank The Nebraska State Bank 1. Name of bank_ 2. Date organized 2-28-1917 3. Federal reserve district Date suspended Town or City 7-21-22 Ten Milligan Population of town or city* Fillmore 418 Non member 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*) July 21, 1922 Loans and discounts: On real estate Other $ 136,560.10 Total loans and discounts Real estate acquired in satisfaction of debts 2,800.00 Investments 37,487.36 All other resources 176,847.46 Total resources 20 000.00 Capital Impa rment Surplus and undivided profits 1,258.16 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits, Time deposits, including postal savings 16 715.24 , 139,758.48 $ 156,473.72 Total deposits Borrowings from F. R. bank Borrowings from other banks 1 631.92 , All other liabilities 176,847.4 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. 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 If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Dividends paid from collections Claims allowed Secured 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? Yes.If so give: Date liquidation was completed September 30, 1929 Collections: From liquidation of assets $ 96 767.6 9,721.75 From assessments on shareholders s Other collections (explain).......... r.9f1 4..Q Ps. .1 .. ssa.ons Total collections 2,198.63 .com — 108,688.01 $ Offsets to claims (loans paid, etc.) 8,363.56 Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Uone , Preferred claims 180,803.O] General claims none Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 180,b03.03 104,693.31 75,909.72 180,803.03 100 104,693.31 75,909.72 180,803.03 100 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) 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 - 21 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 Collections on stockholders liability 1925, 17OO2.22 . FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP 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 O State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Minatare sank 9-30-19e1 3. Federal reserve district Town or City 7 ' Date suspended 10-15 2 Ten Minatare Population of town or city* 660 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 Scotts bluff N =member 6. Condition figures, as of (date*) October 15, 1927 Loans and discounts: On real estate Other $ Total loans and discounts 72,440.63 54,474.27 Real estate acquired in satisfaction of debts -,\'‘ Investments 7,360.66 30,161.64 All other resources 1b4,457.40 Total resources 25,000.00 Capital Surplus and undivided profits Capital imppairment 11,829.74 Deposits: 210.56 Due to banks** Demand deposits, including U. S. Govt. deposits 76,466.45 Time deposits, including postal savings 74,496.22 ' $ 151,177.23 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 109.91 164,457.40 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? Claims allowed Secured claims.. Yes If so give payments to date: June 30 193 , 0 (Amounts in dollars) Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed none 146,344.11 . 109.91 40,052.09 "-- 40,052.09 --- --- --- Total claims.... 146,454.02 40,052.09 .-- Preferred claims . General claims.. .. 26.99 0 40,052.09 26.0( Minatare Bank, 1:iinatare, Nebr. "GOIi4G BANK" 1-11I0D, March 23, 1927 to October 15, 1927 Liabilities 3-23-27 Decrease Per Cent Deposits 4227,d62.99 76,665.76 of Bills Payable 10,000.00 10,000.00 net Other Liabilities 46 4 / 1 decrease Total 236. 1.Ap0.33, 67,17111 : 3 .55 6 The net decrease in liabilities during the "going bank" and receivership periods was 54.54 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) 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 beet raising What was the approximate date of the beginning of the difficulty which ultimatel sion? caused the suspen- 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 1926, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis *70.00 4.011...1411.....11ft••••• FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP 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 • LA National bank Name of State • State bank O Trust company O Stock savings bank • NEBRASKA 0 Mutual savings bank • Private bank 1. Name of bank State Bank of minatare 2. Date organized Date suspended5-29-29 2-5-1915 3. Federal reserve district Town or City Ten Minatare Population of town or city* 660 Member or nonmember of F. R. System_ triber Amine 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 CountySc otts Bluff 6. Condition figures, as of (date*) raaY 29 $ 9 Loans and discounts: On real estate Other Total loans and discounts $ 115 272 84 ' Real estate acquired in satisfaction of debts 62,251.45 Investments 16,059.1)3 All other resources 42,852.83 236,436.75 Total resources 25,000.00 Capital 7,348.41 Surplus and undivided profits Deposits: 23,848.26 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 119,504.07 59, 612.74 $ 202,965.07 Total deposits Borrowings from F. R. bank 5,261.44 Borrowings from other banks 10,556.65 All other liabilities 236,436.75 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 Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Payments from guaranty fund Total payments 5,261.44 5,261.44 Preferred claims... 189,570.74 21,049.-64 --- 21,049.64 --- --- • 26.311.08 --- Per cent of payments to claims allowed _2 43 6 11A-08 Secured claims... . General claims.. .. 17,360.11 Total claims. ... 212,212.29 MO 5,261.44 .0 de 100 11.10 --- 0 12.3_9 State Bank of Minatare, Minatare, Nebr. "GOING BANK" PERIOD, February 21, 1929 to May 29, 1929 Increase Liabilities 2-21-29 Decrease Per Cent Deposits Bills Payable Other Liabilities Total 214,231.44 21,352.00 4,0(?,p.67 11,266.37 16,090.56 6,489.98 239, 52.11 0 20 866.0 of net decrease 8 . . 70 Z. The net decrease in liabilities during the "going bank" and receivership periods was 22.42 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 to claims alloweu 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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) deflation of agricultural prices 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 sugar.beets 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 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 Name of State [i] State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of bank Amerioan Bank . 2-21-1919 2. Date organized 3. Federal reserve district Date suspended re n Town or City Mitchell 3-6-1930 Population of town or city* 129d Member or nonmember of F. R. Systern_h onrnembe 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 Scotts 31uff 6. Condition figures, as of (date*) 1.1arcii 6, 1930 Loans and discounts: On real estate Other $ 105,969.06 Total loans and discounts 5 5 Real estate acquired in satisfaction of debts 58,537.31 Investments 27,151.76 All other resources 45,162.56 236,840.73 Total resources Capital 35,000.00 Surplus and undivided profits 12,832.76 Deposits: 2,517.57 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings, 140,292.31 46,064.87 • Total deposits $ 186,874.75 OW 010.0 Borrowings from F. R. bank Borrowings from other banks 133.22 All other liabilities 236,840.73 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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? • Payments from guaranty fund M.Oa ••• M.MW 11 . d 25,675.75 . Socured eppels 135- 796 Preferred claims 2 4' 66 mommago 25,675.75 ....... 54,318.60 ' Ai r Vf e g :4 i ...+.... .0...... ..".... 9)111.28 Total claims If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed General claims Yes 170,583.69 79,995.35 ---- Total payments Per cent of payments to claims allowed em....mb 25,675.75 54,31.6o ... ...... 79,995.35 100 39.99 0 46.89 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 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 suspension not determined. 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 111 Stock savings bank • NEBRASXA. • Mutual savings bank [j] Private bank 1. Name of bank 2. Date organized Mitchell State Barik 2-1—1907 3. Federal reserve district Town or City 5' 29 Date suspended '29 Ten Mitchell Population of town or city* Member or nonmember of F. R. System._ 4. Number of branches operated: In city of parent baffle__ 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 SC ttsnuff 1298 Nonmember 6. Condition figures, as of (date*) May 29, 192 9 Loans and discounts: On real estate Other $ Total loans and discounts 301.451.99 Real estate acquired in satisfaction of debts 58,804.99 0.., Investments 9,474.75 All other resources 369,731.73 Total resources Capital 37,500.00 Surplus and undivided profits 13,419.48 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 164,423.23 Time deposits, including postal savings 180,737.47 345,160.70 Total deposits Borrowings from F. R. bank Borrowings from other banks 490.51 All other liabilities 369,731.73 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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 Dividends paid from collections None Payments from guaranty fund Total payments --- --- --- Per cent of payments to claims allowed --- Preferred claims... 347.883.97 5,562.48 General claims --- 41...., 353,446.45 --- --- Total claims "GOING BANK" PERIOD 0 --- Decrease Increase $494,334.85 Bills Payable Other Liabilities Per Cent of Net Decrease $149,174.15 28,700.00 487.48 , 28,700.00 $523,522.33 Deposits 0 January 9, 1928 to May 29, 1929 1-9-28 Liabilities 0 $177,871.12 3.03 33.97 The net decrease in liabilities during the "going bank" and receivership periods was 32.48 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 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? 3.923. — 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 (9 v„tt /ut )r JjJ FEDERAL RESERVE OM/s,IITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 Eg State bank O Trust company O Stock savings bank O Mutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized Monowi State Bank -1-1902 3. Federal reserve district Date suspended Ten Town or City 6-14-24 monowi Po ypulation * of town or city* tsoyd 100 N Member or nonmember of F. R. System__on 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*) June 14, 1324 Loans and discounts: On real estate Other $ 161,608.31 Total loans and discounts 13,274.32 Real estate acquired in satisfaction of debts Investments All other resources 38,6d2.78 Total resources —213,565.41 12,000.00 Capital 4,336.10 Surplus and undivided profits Deposits: 708.74 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 45,997.1-3 140,701.44 $ 195,487.31 Total deposits Borrowings from F. R. bank Borrowings from other banks 1,742.00 All other liabilities 213,565.41 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 13-referred 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 Total payments 146,262.65 214.074.51 Percmtofpayrnmts to claims allowed None Secured claims 214,074.51 Preferred claims 1,748.10 General claims.. .. 67,611.66 --- 0.1110=11 100 0.10wil 0 Total claims.... 215,ti22..61 _671611-66 146,22.J5 214,074.51_ 99.19-- Monowi State Bank, Monowi, Nebr. "GOING BANK" PARIOD September Liabilities 9-5-23 Deposits Bills Payable Other Liabilities 42°0,954.57 7,246.131 5, 1923 to June 14, 1924 Increase Decrease 5,467.26 5.79 . 209,62 Total 1 624.41 7,246.81 117.59 2 12 396.48 Per Cent of net decrease 6.001 The net decrease in liabilities during the "going bank" and receivership periods was 99.16 per cent. N-wAlll111.3 ctIlll Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis %Neu collections guaranty fund 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) 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 suspension? 1921 — 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 Prior 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 [1] State bank O Trust company O Stock savings bank • O Mutual savings bank o Private bank 1.• Name of bank Pon.cn. WO ley Ellnk 2. Date organized 3-22-24 3. Federal reserve district Date suspended Town or City Monori -28-1930 0 Population of town or city*10 Member or nonmember of F. R. System_Nonmember Ten 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. \Vas this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Boyd. 6. Condition figures, as of (date*) June 27, 1930. Loans and discounts: On real estate Other Total loans and discounts $ Real estate acquired in satisfaction of debts 77,844.03 9,168.58 Investments 285.88 All other resources 19,156.24 Total resources 106,454.73 Capital 15,000.00 Surplus and undivided profits 3.1.14.84 Deposits: Due to banks** 955.05 Demand deposits, including U. S. Govt. deposits 19,406.97 Time deposits, including postal savings 62,849.58 Total deposits $ Borrowings from F. R. bank ds• Borrowings from other banks 5,000.00 128.29 All other liabilities Total liabilities 7. Has this bank been reopened? f33,211.60 106,454.73 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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? If so give payments to date: December 31, 1930 (Amounts in dollars) P Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed 5,0m.nn 751.87 Trust Funds Secured claims Preferred claims.. General claims.... 751.87 353.59 — 751.87 353.59 100.00 7.07 81,0C.51 12,150.12 _ 12,150.12 15.00 13,255.58 86,997,H6 Total claims — — 245.48 10. Has this bank been finally liquidated? — 13,255.58 — 15.24 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 X Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) • Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? 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 ? 1927 — 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 As_ses_smentq 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 O National bank Name of State 1E] State bank O Trust company O Stock savings bank • O NEBRkSKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Bank of Monroe 8-1-1?,93 3. Federal reserve district Date suspended Town or City 1-22-29 Monroe Population of town or city* 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 'Platte 509 Nonmember Got ober 22, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 150,596.04 Total loans and discounts Real estate acquired in satisfaction of debts 43,947.91 Investments • 27,979.53 All other resources 222,523.48 Total resources 24,000.00 Capital 1,513.90 Surplus and undivided profits Deposits: 445.67 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 57,581.02 109,881.17 167,907.86 Total deposits OS.= OS Borrowings from F. R. bank 29,068.57 Borrowings from other banks 33.15 All other liabilities 222,523.48 Total liabilities 7. has this bank been reopened? O Yes Date of reopening If so give: 5-19-30 Bank of Monroe Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Clain's were not esablished before reopening. Preferred claims There was a 702 write-down of unsecured . f General claims deposits with which to purchase and remove Total unfiQuirp,b1Q. gq$0:t.s• * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. BANK OF YOATROE Amount Estimated Loss Estimated Loss On: Secured Deposits eg: Offsets Unsecured Delposits Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 15,348.16 152,559,7O $167t 907.86 None t4Z091.85 . $49 291.85 Per Cent of Estimatel Loss to Depositors 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 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 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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 suspen1923-1924 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 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently supervisory authorities or by the bank's board of directors on account of financial difficulties. This by form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following National bank Name of State State bank Ei Trust company [1] Stock savings bank • NEBRASKA fl Mutual savings bank [1] Private bank 1. Name of bank 2. Date organized Farmers and Merchants Bank 2-1-1909 3. Federal reserve district Date suspended Town or City b-25-22 Ten morrill Population of town or city* Scotts Bluff 772 Non member 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*) August 26, 1422 Loans and discounts: On real estate Other $ 348,177.67 Total loans and discounts Real estate acquired in satisfaction of debts \e‘ () r j Investments 20,970.57 All other resources _3_69,146.24 Total resources 25,0. 0.00 0 Capital 2,352.18 Surplus and undivided profits Deposits: , 190.63 Due to Unks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 149,506.10 39,661.26 Total deposits $ 189 366.19 ' Borrowings from F. R. bank 155,000.00 Borrowings from other banks • 2,134.23 All other liabilities 369,10.24 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 Lank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Per cent of payments to claims allowed 155,000.00 100 26,552.02 169,500.00 ....... 198,052.02 100 163,552.02 169,500.00 353,052.02 100 155,000.00 Preferred claims. 198,052.02 General claims. . . None , . 353,052.02 Total claims Total payments ....— 15 ,000.00 . Secured claims Payments from guaranty fund 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) • over. loaning 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? 1920 — 21 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 to 1930 §22,p66.65 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
