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http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 421.11-6 - Bank Suspensions bince Jan 1 1921 Nonmember State Banks Nebraska S-Z 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 M State bank Name of State • Trust company O Stock savings bank • NEBRASKA 0 Mutual savings bank O Private bank 1. Name of bank 2. Date organized Farmers State Bank 12-22-1916 3. Federal reserve district Date suspended l ien .13t. Edward Town or City 5-23-29 Population of town or city* Boone 1002 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*) ay23, 1929 Loans and discounts: On real estate Other $ 122,619.95 Total loans and discounts 35,924.66 Real estate acquired in satisfaction of debts Investments 37,060.32 All other resources 195,604.93 Total resources Capital 25,000.00 Surplus and undivided profits 18,77:3.43 Deposits: 1.00 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 73,023.14 114,654.22 $ Total deposits 187,878.36 Borrowings from F. R. bank Borrowings from other banks 1,500.00 All other liabilities 195,604.93 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopen& Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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 claims. . .. Dividends paid from collections Total payments Per cent of payments to claims allowed Npne Preferred claims... 192,066.07 404.60 General claims.... --- 192,470.67 --- Total claims Payments from guaranty fund --- ..•••.• sOme... --- _-- --- --- Farmers State Bank, St. Edward, Nebr. "GOING BANK" PERIOD, Ibrch 25, 1928 to March 23, 3 .929 Increa3a Liabilities 5-25-28 Decrease Per Cent Deposits Bills Payable Other Liabilities Total g13,965.14 62,456.36 1 08/.41 26,086.78 62,456.36 412.59 of net decrease .22.74.2121 The net decrease in liabilities durinE the "going bank" and receivership iperods was 30.64 per cent. Secured claims Preferred claims General claims. . .. Total claims.. .. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 0 0 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 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) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry ye or agriculture? If so, state what industry or type of agriculture general farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921 - 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments Prior assecsments 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 State bank 0 Trust company O Stock savings bank 41 Neb raska 0 Mutual savings bank O Private bank St. Libory State Bank 1. Name of bank_ 2. Date organized 3-20-1910 3. Federal reserve district Date suspended Ten Town or City 7-11-29 St. Lib ory Howard Population of town or city* 125 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 Nonme mber July 12, 1.429 ' 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ 154,096.40 Total loans and discounts Real estate acquired in satisfaction of debts Investments 17,f.3?2.67 All other resources 171,709.67 Total resources 15,000.00 Capital 4-1,036.04 Surplus and undivided profits Deposits: Due to banks** 72,42:3.67 Demand deposits, including U. S. Govt. deposits 122,079.22 Time deposits, including postal savings $ 124,572.94 Total deposits 0.0 •••••• Borrowings from F. R. bank 3,090.97 Borrowings from other banks 31.20 All other liabilities 111,709.07 Total liabilities 7. Has this bank been reopened? Yes Date of reopening Name under which reopened If so give: 9-5-22 St. Libory State 6an Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims No claimq wPrEit e.stab1ished before reopening. Preferred claims Th.e.r.e w.as. a. .50;:. Nrite -(1 o;in of' unecured dennRits with General claims vihich t.o .Du.r.claas.s nn-1 rmv mrli rabTh Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 3 ST. LI3ORY STATE 1 .A.FK. Estimated Loss Per Cent of Estimated Loss to DeDositors Estimated Loss On: Secured Die-osits Re Offsets Unsecured Deposits Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis t None t194.572.94 $194.572.94 None t52.409.50 $52 409.50 AND 26 93 26.93 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 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 Of 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? 1926-11)27 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 N BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 NEBRASKA Mutual savings bank O Private bank 1. Name of bank Santee 6 tate Bank 2. Date organized 4-6-1917 3. Federal reserve district Town or City Sarrtee Date suspended 6-19-26 Ten Population of town or city* Knox 3 6 Member or nonmember of F R. SystemNonmernber 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 estt imate 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 19, 1926 Loans and discounts: On real estate Other 9,171.3.7 Total loans and discounts 710.00 Real estate acquired in satisfaction of debts Investments 7,326.44 All other resources 17,207.61 Total resources 10,000.00 Capital 4,438.46 Surplus and undivided profits Deposits: 209.18 Due to banks** Demand deposits, including U. S. Govt. deposits 6,348.00 Time deposits, including postal savings 4,990.38 11,547.56 Total deposits Borrowings from F. R. bank Borrowings from other banks 98.51 All other liabilities 17,207.61 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: 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 Payments from guaranty fund Total payments Per cent of payments to claims allowed None Secured claims 3,700.16 113915.73 Preferred claims General claims. .. . 98 8,215.57 MO ea NM on. ea MO .51 11,915.73 100 .11.11 MP •••• 0 8,215.57 3,700.16 Total claims. ..12,014.24 10. Has this bank been finally liquidated? 11,915.73 99.2 If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) , Claims allowed Dividends paid from collections Secured claims Preferred claims General claims Total claims 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 Limited volume of business Elittaixditm Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Insufficient operating income 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? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Yes If so, give dates and amounts of all assessments Collections on stockholders liability, 1928, 2_92 WS2 . • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 280 Name of State Ej State bank O Trust company O Stock savings bank O NEBRASKA Mutual savings bank O Private bank 1. Name of ban 2. Date organized Farmers State Bank 6-20-1916 3. Federal reserve district Date suspended Town or City 6-1-29 Ten Scotia Population of town or city* Member or nonmember of F R. System 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Greeley 559 Nonmember 6. Condition figures, as of (date*) June 1, .029 Loans and discounts: On real estate Other $ Total loans and discounts 84,496.99 Real estate acquired in satisfaction of debts Investments 15,752.06 All other resources 100,251.05 Total resources 15,000.00 Capital 5,345.17 Surplus and undivided profits Deposits: 286. 0 ] Due to banks** Demand deposits, including U. S. Govt. deposits 25,602.50 Time deposits, including postal savings 64,655.56 $ Total deposits 90,546.16 Borrowings from F. R. bank Borrowings from other banks 50.06 All other liabilities 100,251.05 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 9. Is this bank still in process of liquidation? Claims allowed Secured claims. .. . Preferred claims... General claims. . .. Total claims.. Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Payments from gtumuity fund Total payments Per cent of payments to claims allowed None 92,45797 427.66 92,8o5.83 13,868.72 "-- --- .. MD 0.. 13,868.72 .11.1MW. 0 13,868.72 --- 13,868.72 farmers State Bank, bcotia, "GOING BANK" PEAIOD, July Liabilities 7-9-28 Deposits 492,551.60 Bills Payable 23,267.62 Other Liabilities 4 801,60 Total ia 3214, .02 . 0 9, 1926 to June 1, 1929 Decrease 2,005.44 23,267.62 4,031.54 4 Za l ia:Z?m Per Cent of net decrease 24.94 The net decrease in liabilities during the "going bank" and receivership periods was 34.53 per cent. Secured claims Preferred claims General claims. . .. Total claims. . .. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 15. . 14.91 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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 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? 190 — 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 11)i)(2i, f..1)ICS O National bank Name of State [5 State bank 0 Trust company O Stock savings bank • O kEBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized American State Bank 2-3-1919 3. Federal reserve district Date suspended Town or City 1 Ten Scottsbluff Population of town or city* Scotts Bluff 6912 Nonmember Member or nonmember of F. R. System__ 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) January 7, 1929 Loans and discounts: On real estate Other $ 353,001.34 Total loans and discounts 25,281.74 Real estate acquired in satisfaction of debts o* Investments 47,341.90 All other resources 425,624.98 Total resources Capital 50,000.00 Surplus and undivided profits 37,775.45 Deposits: $ Due to banks** 20,959.97 Demand deposits, including U. S. Govt. deposits 143,776.00 Time deposits, including postal savings 248,090.58 $ 412,826.55 Total deposits Borrowings from F. R. bank Borrowings from other banks 573.88 All other liabilities 425,624.98 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: 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.. Preferred claims General claims. .. Total claims. None 422,645.42 If so give payments to date: June 30, 1930 (Amounts in dollars) Ye /3 Dividends paid from collections --43,258.79 --_ Total payments --. 43,258.70 --- Per cent of payments to claims allowed --43,258.79 10.23 --- --- 2,458.70 425,104.12 Payments from guaranty fund 0 43,258.70 10.17 American State Bank, Scottsbluff, Nebr. "GOING BANK" PERIOD July 16, 1927 to January 7, 1929 Liabilities 7-.16-27 Deposits Bills Payable Other Liabilities Decrease $854,331.78 192,036.41 17,498.52 $441,505.23 192,036.41 16,924.64 $1,063,366.71 $650,466.28 Per Cent of Net Decrease 61.14 The net decrease in liabilities during the "going bank" and receivership periods was 64.10 per cent. Claims allowed Secured claims Preferred claims General claims Total claims. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis -DividencE pauftrom collections Payments trom guaranty fund Tercefit 0/ payriTents 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) Violations of state banking laws • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye a If so, state what industry or type of agriculture General farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis No If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank 32 Name of State O State bank O Trust company O Stock savings bank • NEBRASKA 0 Mutual savings bank O Private bank 1. Name of ban Irrigators Bank 2. Date organized 1°-26-1899 3. Federal reserve district Date suspended Town or City Scottsbluff 11-23-1929 Population of town or city* Ten L'cotts Bluff 6912 Nonmember Member or nonmember of F. R. Systern_ 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*) 143vemb er 23, 1929 Loans and discounts: On real estate Other Total loans and discounts $ 167 767.20 97,319.01 Real estate acquired in satisfaction of debts ()\C \ Investments 28,487.94 79,063.01 All other resources 372,637.16 Total resources 20,000.00 Capital 5,311.36 Surplus and undivided profits Deposits: $ Due to banks** 2,917.87 Demand deposits, including U. S. Govt. deposits 228,663.25 Time deposits, including postal savings 103,262.81 334,843.93 Total deposits • $ ••• Borrowings from F. R. bank 10,000.00 Borrowings from other banks 2,481.87 All other liabilities Total liabilities 7. Has this bank been reopened? 372.637.16 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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? Dividends paid from collections Claims allowed Secured claims... Trust funds Total claims. . . Total payments Per cent of payments to claims allowed 313,493.48 10,000.00 6,5W3.68 104,42.51 -_- 100 100 35.01 121,471.39 6,5M3.68 7,542.55 General claims Payments from guaranty fund -__ 10,000.00 6,585.68-__ --104,882.51. ----- 10,000.00 299,162.25 Preferred claims If so give payments to date: June 30, 1930 (Amounts in dollars) Yes 121,471.19 37.54 10. Has this bank been finally liquidated? --- 0 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? y If so, state what industry or type of agriculture Gone r.1 fLrming 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 National bank Name of State El State bank 0 Trust company O Stock savings bank • El Mutual savings bank NEBRASKA O Private bank Scribner State Bank 1. Name of bank__ 2. Date organized 9-11-1895 Date suspended Town or City 5-23-29 Scribnor County Population of town or city* Ten 3. Federal reserve district 1021 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 Dodge 6. Condition figures, as of (date*) May 23, 1929 Loans and discounts: On real estate Other $ Total loans and discounts 89,554.22 107,980.89 Real estate acquired in satisfaction of debts 7 p 200.00 Investments 29,714.10 All other resources 234,449.21 Total resources 40,000.00 Capital 6,297.51 Surplus and undivided profits Deposits: 2,781.70 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 42,608.31 141,728,81 $ Total deposits 187 118.82 ' Borrowings from F. R. bank Borrowings from other banks 1,032.88 All other liabilities 234,449.21 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? Ys If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Total payments Per cent of payments to claims allowed --... --- --- --- --- O. 1,581.90 --- --- --- 0. _205,190.65 ___ --- --- 0. Preferred claims... 203,608.75 Total claims Payments from guaranty fund --- None Secured claims General claims Dividends paid from collections . "Gam BANK" PERIOD January 16, 1928 to May 23, 1929 Liabilities Deposits Bills Payable Other Liabilities l-16-28 621,712.32 Decrease Per Cent of Net Decrease , 4-34,593.50 M., OM Oft 3,L1V 4 .11 625,586.77 437, 69.97 07 The net decrease in liabilities during the "going bank" period and receivership period was 67.20 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 froth 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) Violations of state Banking Laws • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921 — 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? 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 t 1 350.00 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following • National bank gi Name of State State bank O Trust company O Stock savings bank • O Mutual savings bank NEBRASKA O Private bank 1. Name of ban 2. Date organized Seneca State Bank 4-9-1918 3. Federal reserve district Town or City Seneca 26 Date suspended 7-1 - Ten Population of town or city* 476 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 Thomas 6. Condition figures, as of (date*) July 19, 1926 Loans and discounts: On real estate Other Total loans and discounts 32,350.67 $ 11,517.72 Real estate acquired in satisfaction of debts Investments 10,546.92 All other resources 54,415.31 Total resources 20,000.y00 Capital 5,920.44 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 23,647.23 16,549.29 40,196.52 Total deposits Borrowings from F. R. bank Borrowings from other banks 139.23 All other liabilities 54,415.31 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss Secured claims • Preferred claims General claims Total 9. Is this bank still in process of liquidation? Claims allowed Secured claims. .. . Preferred claims General claims. . .. Total claims. Yes If so give payments to date: - une 30, 1930 (Amounts in dollars) Dividends paid from collections ' Payments from guaranty fund Total payments Per cent of payments to claims allowed None 40,109.44 . 156.73 . 40,266.17 7,109.44 33,000.00 --7,109.44 --33,000.00 40,109.44 0.••• ON 0 40.109.44 Seneca State Bank, Seneca, Nebr. "GOING BANK" PERIOD, Nay 12, 1925 to July 19, 1926 Liabilities Deposits Bills Payable Other Liabilities Total 5-12-25 06,274.65 11,296.09 217.3±4.1a, 309.06 :A04. Decrease Per Cent 6,o7.13 11,298.09 2,597 22 .1. . of net decrease 33.11 19,973 .. .31 The net decrease in liabilities during the "going bank" and receivership periods was 99.74 per cent. - Secured claims. . .. Preferred claims . General claims. . Total claims. . .. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 100 99.61 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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) 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 cattle raising 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 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 25 National bank Name of State State bank Trust company • 0 0 Stock savings bank Mutual savings bank Neb.m Private bank 1. Name of bank 2. Date organized Shelby State Bn rk 4-21-1909 '3. Federal reserve district Town or City Date suspended 2-14-29 Ten Shelby Population of town or city* Polk 559 Member or nonmember of F R Systern_ Nomnerqbar_ 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 Pebruary 13, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other Total loans and discounts 271,876.45 Real estate acquired in satisfaction of debts 12,5on.00 Investments 9,000.00 All other resources 14,382.79 Total resources 307,759.24 Capital 20,000.00 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 88,829.70 169,366.94 $ Total deposits 2,5A 096_64 Borrowings from F. R. bank Borrowings from other banks ?2,300.00 All other liabilities 307,759.24 Total liabilities 7. Has this bank been reopened? Date of reopening If so give: YAg 2-23-1929 Name under which reopened Loss to depositors on: Secured claims Shelby Stnt e Bank Amount of loss Per cent of loss to claims Them wes. no lass to. aenositors Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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. . 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) Loans mgde out of banks territory 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 FarminP: What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1921 — 1902 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 lers before or after Assessments on directors or stookhol, suspension, not deter-inerl. • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank repoited—check appropriate one of the following 111 National bank Name of State EJ State bank Fi Trust company O Stock savings bank • [1] Mutual savings bank NEBRASKA, Ej Private bank 1. Name of ban Meisner State Bank 2. Date organized 8-8-1895 3. Federal reserve district Date suspended Town or City 346-29 Ten Shelton Population of town or city* Buffalo 1037 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 !arch 16, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ 131,055.60 Total loans and discounts 36,192.07 Real estate acquired in satisfaction of debts '‘\ \ f') Investments 2,750.00 100,547.86 All other resources 270,545.53 Total resources 40 000.00 Capital 55,073.79 _ Surplus and undivided profits Deposits: 131.95 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 81,790.34 203,363.86 $285 286.15 , Total deposits Borrowings from F. R. bank Borrowings from other banks 333.17 All other liabilities 270,545.53 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 39, 1930 (Amounts in dollars) Claims allowed Secured claims Preferred claims... General claims. . .. Total claims Dividends paid from collections Payments from guaranty fund 67,864.85 ___ 67,864.85 22.66 ___ ___ ___ 0. 67,864.85 ....... 67,864.85 22.59 Total payments Per cent of payments todaimsallowed None 299,404.52 974.66 300,379.18 "GOING BANK" PERIOD September 30, 1927 to March 16, 1929 Liabilities Deposits Bills Payable Other Liabilities Total 9-30-27 Decrease 0625,118.97 0339,964.77 1,233.33 ..-828.81 0626,412.90 Per Cent of Net Decrease $340,793.58 4.40 The net decrease in liabilities during the "going bank" and. receivership periods was 62.88 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)City National Bank, Kearney, Nebr. Failure of large debtor (Name) • Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1921 — 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 0373.76 1930 274.49 Total $648.25 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 ;355 National bank Name of State • State bank O Trust company O Stock savings bank • El ITEBRASKA Mutual savings bank O Private bank 1. Name of bank__ 2. Date organized Shelton State Bank 10-9-1912 3. Federal reserve district Date suspended Ten TOW11 or City 7-5-1922 Shelton Population of town or city* Buffalo 1037 Member or nonmember of F R. System_Nonmeriber 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 5, 1922 Loans and discounts: On real estate Other $ 304,004.53 Total loans and discounts 13,500.00 Real estate acquired in satisfaction of debts 272.00 Investments • 54,240.87 All other resources 372,017.40 Total resources 25;000:00 Capital 4, 9i.72 Surplus and undivided profits Deposits: 2,200.00 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 113,233.05 196,360.51 $ Total deposits 311,793.56 Borrowings from F. R. bank 36,8.03.38 Borrowings from other banks 3,312.18 All other liabilities 372,017.110 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? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Per cent of payments to claims allowed Total payments Secured claims Preferred claims General claims. .. Total claims.. . If so give: 10. Has this bank been finally liquidated? • Ye5 November 5 1926 , Date liquidation was completed Collections: From liquidation of assets 96,453.82 From assessments on shareholders 24,000.00 Other collections (explain) Refunds and interest rec'd 1,114.68 121,568.50 Total collections Offsets to claims (loans paid, etc.) $ 7,327.11 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 36,803.38 36,803.38 311,626.35 63,497.50 --- --- Payments from guaranty fund 354,429.73 100,300.88 Total payments Per cent of payments to claims allowed 36,803.18 100 254,128.85 317,626.35 100 -- --- --- 254,128.85 354,429.73 100 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) iiiisuse of bank 's funds 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 suspen1920 - 21 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 ye.; If so, give dates and amounts of all assessments Collections on st ockholders liability, 1922 - 1923, 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 JO State bank 0 Trust company 0 Stock savings bank • NEBRASKA 0 Mutual savings bank El Private bank 1. Name of bank 2. Date organized Uayne Coanty Bank 4-3.-1912 Town or City Date suspended 8-26-1922 Sholes 1,, County ‘ ay Ile Population of town or city* 5 0 Ten 3. Federal reserve districtMember or nonmember of F. R. SystemL 4°nmember 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*) August 26, 1922 Loans and discounts: On real estate Other 74,262.96 Total loans and discounts 5,022.90 Real estate acquired in satisfaction of debts Investments 20,656.74 All other resources 100,142.60 Total resources 11 000.00 Capital 2,157.41 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 27,277.16 Time deposits, including postal savings 51,952.70 $ Total deposits 79,229.d6 •••00.111 Borrowings from F. R. bank 11,376.90 Borrowings from other banks 693.25 All other liabilities 100,142.60 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Secured Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Preferred claims General claims Total claims 10. Has this bank been finally liquidated? Date liquidation was completed Yes If so give: —— 4301929 Collections: $ 42,730.59 From liquidation of assets 4,057 75 . From assessments on shareholders . ;nterest Other collections (explain) fleaJ. estute inc ome 2,787.01 49,575.35 Total collections $ Offsets to claims (loans paid, etc.) 4,038.52 Payments to depositors: (Amounts in dollars) Claims allowed Dividends paid from collections 6,464.96 6,464.96 115,208.12 28,780.44 General claims 339.45 13.57 Total claims 122,012.53 35,258.97 Secured claims Preferred claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Payments from guaranty fund --86,427.68 --86,427.68 Total payments Per cent of payments to claims allowed 6,464.96 100 115,208.12 100 13.57 3.99 121,686.65 99.73 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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 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 Uollections on stockholders liability, 1926 - ! 2,610.23 ,41 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1927 - 422.52 1928 - 1,025.00 FEDERAL RESIAZVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING - t (Ci2 L5-- a-icka-AJ (\,N4 . BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 ED 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 Bank 8-10-.1695 3. Federal reserve district Town or City Date suspended 11-21-25 Ten Sidney Uheyennc Population of town or city* 2852 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*) November 21, 1925 Loans and discounts: On real estate Other $ 353,065.83 Total loans and discounts 210,761.36 Real estate acquired in satisfaction of debts 5,000.00 Investments 109,604.15 All other resources 678,431.34 Total resources Capital 100,000.00 Surplus and undivided profits 214,191.84 Deposits: $ Due to banks** 10,628.52 Demand deposits, including U. S. Govt. deposits 346,691.41 Time deposits, including postal savings 431,706.08 $ 769,226.01 Total deposits Borrowings from F. R. bank Borrowings from other banks 3,397.17 All other liabilities 6'18,431.34 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) Dividends paid from collections Payments from guaranty fund 459,150.29 329,684.00 788,834.29 --- Claims allowed --- --- Total payments Per cent of payments to claims allowed Secured claims Preferred claims General claims. .. 738,834.29 N one Total claims. ..768,834.29 459,150.29 329,684.00 71111_,AyLila American Bank, Sidney, Nebr. "GOLZ BAnc." PERIOD, Liabilities Deposits Bills Payable Other Liabilities Total August 9, 1924 to November 21, 3.925 8-9-24 Decrease Per Cent 4859,749.67 63,887.59 5.3.3E4L3!t 70,523.66 63,867.59 1,941 g1 1 of net decrease . 4WITIJ1?-1 2 1364.46 14,67 The net decrease in liabilities during the "going bank" and receivership periods was 100 per cent. Secured claims. .. Preferred claims General claims. . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 100 loo 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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) F•ailurf-larg.e deht(Name) Misuse of bank funds General deflation Other causes, (specify) 411 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? 1921 - 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? ye If so, give dates and amounts of all assessments Collections on stoCkholders liability, 1927, - f„51,100.00 l92i, 6,832 94 . 1929, 500.00 _ http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total .16;k4_32...94 • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State E] State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Nebraska State Bank 2-23-1917 3. Federal reserve district Date suspended Town or City Sidney 8-11-21 Ten Cheyenne Population of town or city* 2852 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*) Auguut 11, 1921 Loans and discounts: On real estate Other $ 274,626.55 Total loans and discounts 10,965.89 Real estate acquired in satisfaction of debts d Investments 4,770.40 All other resources 320,362.84 Total resources 50 000.00 , Capital 2,531.51 Surplus and undivided profits Deposits: 140.14 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 103,450.85 118,662.72 $ 222,253.72 Total deposits Borrowings from F. R. bank 46,000.00 Borrowings from other banks 4,640.64 All other liabilities 320,362.84 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 46,000.00 Preferred claims 46,000.00 216,262.76 Secured claims 71.745.02 ••• IS% OM MO ...... Payments from guaranty fund a. alb ••• 144,517.74MO 0. OP General claims. .. . 262,262.76 Total claims 117,745.02 10. Has this bank been finally liquidated? 144,517.74 Total payments Per cent of payments to claims allowed 46,000.00 100 216,262.76 100 ..• ....... 262,262.76 ....... 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) deflation of wheat 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 wheat growing 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, 1923, ;2,008.90 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis By judgment - 1928 . 1. 1 0_0_92. 22_ $4-, 008.90 • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 111 National bank Name of State • State bank [1 Trust company • Stock savings bank • 111 NEBRASKA Mutual savings bank O Private bank 1. Name of bank Silver Creek State Bank 2. Date organized 3-4-1892 Date suspended 3. Federal reserve district Town or City 5-19-27 Ten Silver Creetounty Population of town or city* 583 Nonmember Member or nonmember of F R. Systeni_ 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 Merrick 6. Condition figures, as of (date*) Lay 19, 1927 Loans and discounts: On real estate Other $ Total loans and discounts 46,244.47 73,664.25 Real estate acquired in satisfaction of debts Investments 12,284.00 All other resources 132,192.72 Total resources 30 000.00 Capital 73,592.0 Surplus and undivided profits Deposits: 24.10 Due to banks** Demand deposits, including U. S. Govt. deposits 16,987.41 115,136.79 Time deposits, including postal savings $ Total deposits 132,148.30 Borrowings from F. R. bank 17,317.50 Borrowings from other banks 26,319.34 All other liabilities 132,192.72 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims. . .. Preferred claims 17,317.50 158,343.36 Payments from guaranty fund 7,706.28 Total payments 17,317.50 19.34 General claims.. . Total claims Dividends paid from collections 175,680.20 --25,023.78 Per cent of payments to claims allowed 17,317.50 6,300.93 100* 8.84 14,007.21 --- --- 6,300.93 0 31,324.71 17.83 "GOING BANK" PERIOD March 26, 1925 to May 19, 1927 Liabilities 3-26-25 Decrease Increase $208,100.23 16,452.50 4. __2 §87.34 $75,951.93 865.00 33,368.00 $284,240.07 Deposits Bills Payable Other Liabilities $108,454.93 Per Cent of Net Decrease 38.15 The net decrease in liabilities during the "going bank" and receivership periods was 49.21 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) Excsssive operatin Other causes, (specify) cost • 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 1927 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 03,300.00 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 El State bank • Trust company • Stock savings bank • • Mutual savings bank O Private bank 1. Name of ban 2. Date organized Snyder State Bank 8-8-1895 3. Federal reserve district Date suspended Ten Town or City 1-19-28 Snyder 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 359 Nonmember 6. Condition figures, as of (date*) January 19, 1926 Loans and discounts: On real estate Other $ 106,125.95 Total loans and discounts 20,403.88 Real estate acquired in satisfaction of debts Investments 46,476.02 All other resources 173,005.85 Total resources Capital 25,000.00 Surplus and undivided profits 1 ,505.32 Deposits: 2.58 Due to banks** Demand deposits, including If. S. Govt. deposits Time deposits, including postal savings 41,862.45 122,545. 19 164,410.22 $ Total deposits Borrowings from F. R. bank Borrowings from other banks 100.95 All other liabilities 173,005.85 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Claims allowed Secured claims. . .. l6L,O14.39 If so give payments to date: June 3 (Amounts in dollars) Dividends paid from collections 1930 Per cent of payments to claims allowed Payments from guaranty fund Total payments 67,282.54 --- 67,282.54 --- --- --- 0 67,262.54 --- 67,262,54 _39,99 ivone Preferred claims Yes 197.4 General claims. . .. Total claims 16,211.k3c 40.04 Snyder State Bank, Snyder, Nebr. "GOING BANK" PERIOD, March 20, 1925 to January 19, 1928 Liabilities 3-20-25 Deposits 293,853.37 Bills Payable 16,500.00 Other Liabilities _1 /20.16 4. Total Decrease Per Cent 129,443.3.5 16,500.00 14. : . 619 21 of net decrease 14962.36 47.62 The net decrease in liabilities during the "going bank" and receivership periods was 67.86 per cent. iayluciii,ll0111 Claims allowed Secured claims Preferred claims General claims Total claims. .. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis collections guaranty fund I' el Celli, 01 Total payments pity Liiciii.s 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 farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1921 - 22 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 1_62 O National bank Name of State State bank O Trust company O Stock savings bank • NEBRASKA El Mutual savings bank O Private bank 1. Name of bank 2. Date organized Bank of South Sioux Uity 8-25-1908 3. Federal reserve district Date suspended Ten Town or City South Sioux Uitm -viounty 12-26-27 Population of town or city* 2402 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 iiakota 6. Condition figures, as of (date*) 2..)ocotaber 27, 1927 Loans and discounts: On real estate Other $ 274,971.42 Total loans and discounts 12,728.60 Real estate acquired in satisfaction of debts 05 1 Investments 18,000.00 All other resources 33,147.91 338,847.93 Total resources Capital 25,000.00 Surplus and undivided profits 86,216,35 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 107,464.51 Time deposits, including postal savings 22,220.18 $ Total deposits 399,664.69 Borrowings from F. R. bank Borrowings from other banks 379.59 All other liabilities 338,647.93 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: (Amounts in dollars) Claims allowed Secured claims Preferred claims Payments from guaranty fund None 403,636.04 Dividends paid from collections General claims. Total claims. ... 184,09 403,620.13 June 30, 1930 Total payments Per cent of payments to claims allowed __ 42,962.91 --- 42,982.91 10.64 --- --- --- 0 42,932.91 --- 42,982.91 10.64 Bank of South 6ioux City, South Sioux City, Nebr. "GOING BANK" PERIOD, March Liabilities Deposits Bills Payable Other Liabilities Total 3-7-25 7, 1925 to December 27, 1927 Decrease Per Cent --2,551.81 267,673.66 --2,172.22 of net decrease 069,110.16 --......... g 2 §14§8 24 40.28 667,358.35 The net decrease in liabilities during the "going bank" end receiver6hip periods as 46.13 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 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) _Earibare•ha.large.fle13.top Keane) Deflation Other causes, (specify) ills use of funds • 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? 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 132), k2,410.00 12o.u0 1930, 14.0.00 770.00 •••••...-411lo.ar. 0.••• , ••••••••••••••••••=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 State bank O Trust company O Stock savings bank • NEBRASKA O Mutual savings bank O Private bank 1. Name of bank Bank of Sprague 2. Date organized 10-19-1910 3. Federal reserve district Town or City Spr ague Date suspended'i=i=1=9:441 Ten Population of town or city*_____ Member or nonmember of F. R Systen-Laalrnemb el' 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 Lance.st or 6. Condition figures, as of (date*) January 4, 190 Loans and discounts: On real estate Other Total loans and discounts $ 64,190.46 2,642.00 Real estate acquired in satisfaction of debts Investments 3,095.79 All other resources 70,728.25 Total resources 10,000.00 Capital 3,606.97 Surplus and undivided profits Deposits: Due to banks** $ Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 1,04.8.35 13,974.48 39,565.23 $ Total deposits 54,588.06 ••••• Borrowings from F. R. bank 2,500.00 Borrowings from other banks 33.22 All other liabilities 70,726.25 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments 2,500.00 2,500.00 --- ' 573.87 52,414.3.9 . Secured claims irust funas Preferred claims 573•87 ___ 10,469.21 --- 10,469_ 22 --- --- --- 13,543.08 --- 11,543.08 33.22 General claims Total claims. ... • 55,521.28 10. Has this bank been finally liquidated? Per cent of payments to claims allowed 2,500.00 100 573.67 100 19.97 0 24- 3_ 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 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 othenvise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ye E If so, give dates and amounts of all assessmentq To Juno 30, 1930, 12121 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 El National bank Name of State 0 State bank 0 Trust company El Stock savings bank 111 NEBRASKA Mutual savings bank Private bank 1. Name of bank Farmers State Bank 2. Date organized 5-13-1911 3. Federal reserve district Town or City Springfield Date suspended 11-1-21 Ten Population of town or city* " 4 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 Sar 6. Condition figures, as of (date*) lovember 1, 1921 Loans and discounts: On real estate Other Total loans and discounts $ 134 983.70 ' Real estate acquired in satisfaction of debts 4,362.00 Investments 8,242.3.2 All other resources 147,.587.82 Total resources 15,000..00 Capital 420.76 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 1,336.88 44,752.31 40,435.54 $ Total deposits 86,526.73 Borrowings from F. R. bank 42,829.03 Borrowings from other banks 3,652.82 All other liabilities 147,5b7.82 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis S. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed 42,829.03 42,829.03 --- 42,829.03 100 77,6C9.05 23,762.31 53,926.74 77,689.05 100 General claims 1,500.00 ...-- -...._ --... Total claims 122,016.08 66,591.34 53,926.74 Secured claims Preferred claims 10. Has this bank been finally liquidated? 120,518.08 0 98.75 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) Other causes, (specify). de t.QZ1..0X .ft.r.r3 pr.o.dypte 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? 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 1928, 850.00 1929, 1930, 650.00 2,000.00 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 03 500 00 , . • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. f.'8 Type of bank reported—check appropriate one of the following O National bank Name of State :Q State bank 0 Trust company • o Stock savings bank O Mutual savings bank NEBRASKA O Private bank 1. Name of 2. Date organized Blue Valley State Bank 8-1912 §- 3. Federal reserve district Date suspended Ten Town or City Spring Ranch 4728 Population of town or city* 57 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 Clay 6. Condition figures, as of (date*) April 7, 1928 Loans and discounts: On real estate Other $ Total loans and discounts 44,517.10 3,140.27 Real estate acquired in satisfaction of debts vv ) Investments 250.00 1110 17,818.80 All other resources 65,726.17 Total resources 10,000.00 Capital 365229.86 Surplus and undivided profits Deposits: ç Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 5,305.50 3,455.30 76,149.30 84,910.10 Total deposits Borrowings from F. R. bank Borrowings from other banks 9,045.93 All other liabilities 65,726.17 Total liabilities 7. Has this bank been reopened? If so give:. Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • S. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Per cent of payments to claims allowed — Secured claims. 92,098.31 --- . 3,177.75 ___ Total claims. ... 95,276.06 -v..- Preferred claims General claims. Total payments 7,160.56 7,160.56 7.77 0. ------ . 7,160.56 7,160.56 7.53. "GOING BANK" PERIOD August 14, 1926 to April 7, 1928 Liabilities Deposits Bills Payable Other Liabilities 8-14-26 Decrease Indreaaa 018,013.14 12,754.40 3/1.61 t33,103.04 12,754.40 , 8,614.32 0131,139.15 Per Cent of Net Decrease 037,183.12 28.35 The net decrease in liabilities during the "going bank" and receivership periods was 32.80 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) Irregular transactions by cashier 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 o (KJ :359 National bank State bank Name of State 0 Trust company O Stock savings bank • O NEBRASKA Mutual savings bank 0 Private bank 1. Name of ringview State Bank 2. Date organized 9-24-1903 3. Federal reserve district Town or City Springview Date suspended 12-12-23 Ten Keya Paha Population of town or city* 354 Member or nonmember of F. R. System_ Irlenlber " N 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 12, 1923 Loans and discounts: On real estate Other $ Total loans and discounts 8,014.67 968.63 Real estate acquired in satisfaction of debts Investments 4,506.4-5 All other resources 13,489.75 Total resources 5,000.00 Capital 5.48 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 4 821.33 , 1,843.96 $ Total deposits 6,665.29 Borrowings from F. R. bank 1,744.50 Borrowings from other banks 85.44 All other liabilities 13,489.75 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 If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims General claims. ... Total claims. ... 10. Has this bank been finally liquidated? Yes Date liquidation was completed If so give: April 21, 1929 Collections: $ From liquidation of assets 5,553.27 100.00 From assessments on shareholders 222.31 InterApt Other collections (explain) 5,875.58 Total collections 71.79 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 1,744.50 1,744.50 6,832.35 2,942.01 None 8,576.85 ..-4,686.51 Payments from guaranty fund ...-- 3,890.34 --3,890.34 Total payments 1,744.50 6,832.35 Per cent of payments to claims allowed 100 100 —4.... 8,576.85 100 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 yes or agriculture? 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? 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 Collections on stockholders liability, 1925, $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 IOLA 1 , -• O National bank Name of State State bank • El El El El Trust company Stock savings bank NEBRASKA Mutual savings bank Private bank 1. Name of bank 2. Date organized Elkhorn Valley Bank 9-2--1913 3. Federal reserve district Date suspended Town or City Stanton 12-13-1929 Ten nt on Population of town or city* 1487 Nonmember Member or nonmember of F R. System_ 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) December n, 1929 Loans and discounts: On real estate Other Total loans and discounts $ 121,16C.51 52,806.98 Real estate acquired in satisfaction of debts Investments 35,000.00 All other resources 29,332.42 238,299.91 Total resources 50,000.00 Capital 2,123.25 Surplus and undivided profits Deposits: 622.49 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 721553.23 91,810.05 Total deposits $ 164 985 77 , . MN GNI Borrowings from F. R. bank 21,047.55 Borrowings from other banks 143.34 All other liabilities Total liabilities 7. Has this bank been reopened? 218,299.91 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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? Yee If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed 21 04r. " Secured claims Trust funds 1,2 .4" Preferred claims...131,O52.01I Total claims Total payments Per cent of payments to claims allowed 100 100 40. 21,04.55 1,205.45 52,420.94 _-----_ 21,0117.55 1,266.45 52,421)&94 --- _-_ --- 74,753.94 612.2 . 154,017.2 General claims Payments from guaranty fund - 74,753.94 10. Has this bank been finally liquidated? 0 45.53 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 y or agriculture? If so, state what industry or type of agriculture general farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1927 - 1928 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 If so, give dates and amounts of all assessments Assessments prior to suspension not deternined. 7b(t,Jt4,i7tvtu ;Lap./fet FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following • National bank Name of State El State bank o Trust company • o Stock savings bank NEBRASKA [1] Mutual savings bank • Private bank 1. Name of bank 2. Date organized Farm° rs Bank 9 17-1906 3. Federal reserve district Town or City Stapleton Date suspended 10-14 — 25 Ten Population of town or city* Logan 401 Nonmember Member or nonmember of F. R. System__ 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) October 14, 1925 Loans and discounts: On real estate Other 168,038.57 Total loans and discounts 12,625.3.7 Real estate acquired in satisfaction of debts 1,750.00 Investments 25,227.57 All other resources 207,641.31 Total resources 15,000.00 Capital 9,660.45 Surplus and undivided profits Deposits: 1,602.25 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 83,491.30 96,722.3.1 $ 181,815.66 Total deposits Borrowings from F. R. bank Borrowings from other banks 1,165.20 All other liabilities 207,641.33. Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis • 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over 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 Total payments Per cent of payments to claims allowed None Secured claims 181,863.38 Preferred claims General claims. .. 164,863.38 17,000.00 181,863.38 100 --- --- --- 0 16,863.38 17,000.00 181,863.38 1,165.20 Total claims. ..163,028.58 10. Has this bank been finally liquidated? " 99.12 If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund , Secured claims Preferred claims General claims. .. . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) general d eflation 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 gener ul 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 stockhDlders liability 1925, 1927, $14,000.00 500.00 1928, 500.00 315,000.00 . 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 teniporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 4),Cs , .f•-) 0 O National bank Name of State 3 State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank Farmers State Bank 1. Name of bank 2. Date organized 11-24-1915 3. Federal reserve district Date suspended Ten Town or City 6-3-29 Population of town or city* Richardson 449 Member or nonmember of F. R. System___ N°11Inember 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 6. Condition figures, as of (date*) June 3, 1929 Loans and discounts: On real estate Other 74,548.74 Total loans and discounts Real estate acquired in satisfaction of debts 1,600.00 Investments 17,111,31 All other resources 93,260.05 Total resources 15,000.00 Capital 1,271.59 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 76,988.46 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 93,260.05 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 9. Is thi bank still in process of liquidation? If so give payments to date: Yes 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 59,080.79 Preferred claims General claims.. . 34,628.03 5 179.42 , 34,628.03 --- -- --- 34,628.03 Total claims. .. 74,260.21 . WM Oa.11 --_. 34,628.03 10. Has this bank been finally liquidated? 50.12 0 'N6, 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) Instil'. f Cie nt Arolure of 141.10,44 • 13 Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Ye 8 If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 929 $822.48 1930 222.48 $1041796 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 V National bank Name of State [f State bank O Trust company E] Stock savings bank • El NEBRASKA Mutual savings bank 0 Private bank Farmers (1 Merchants Bank 1. Name of ban 2. Date organized Town or City 444392 3. Federal reserve district Date suspended 1-15-29 Sterling 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. \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 Johnson 804 Nonmember 6. Condition figures, as of (date*) January 15, 1929 Loans and discounts: On real estate Other t 03,143.47 Total loans and discounts S Real estate acquired in satisfaction of debts 3,500.00 Investments 14,696.41 All other resources 21,944.93 83,284.31 Total resources Capital 25,000.00 Surplus and undivided profits 11,546.46 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 22;582.78 45;729.22 $ 68,312.00 Total deposits Borrowings from F. R. bank Borrowings from other banks 1,519.27 All other liabilities 83,284.31 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 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Ye s If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. Total claims , Dividends paid from collections --_ 32,591.93 --_ 719050• 61 Total payments --- None 70,855.07 ... 195.54 Payments from guaranty fund --_ _-_ 32,591.93 -_ --- 32,591.93 Per cent of payments to claims allowed --- 45.99 0 32,591.93 45.87 Farmdrs & Merchants Bank, Sterling, Nebr. "GOING BANK" PERIOD July 25, 1927 to Janugry 15, 1929 Liabilities Decrease 7.-25-27 $186,011.04 9,000.00 225.43 $117,699.04 9,000.00 138.47 $195,236.47 Deposits Bills Payable Other Liabilities Per cent of Net Decreqse $126,837.51 64.96 The net decrease in liabilities during the"going bank" and receivership periods was 80.30 per cent. clArnountsin cromrs7 — 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) 14X,t.t.Y . .*t 9:.t.q .BankinPaparAmon:t Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or 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 $1,489,99 • 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 0 National bank Name of State :El State bank 0 Trust company O Stock savings bank • O Mutual savings bank . M3.riA,SKA O Private bank 1. Name of bank 2. Date organized Frontier County Bank 6-4-1904 3. Federal reserve district Town or City Date suspended 2-26-29 Ten Stockville 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 Frontier 196 Nonnomber 6. Condition figures, as of (date*) February 25, 1929 Loans and discounts: On real estate Other Total loans and discounts $ 45,620.62 3,062.62 Real estate acquired in satisfaction of debts v\ \ " Investments 500.00 20,504.23 All other resources 69,597.47 Total resources Capital 10,000.00 Surplus and undivided profits 32,690.83 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 33,290.47 Time deposits, including postal savings 59,085.58 $ Total deposits 92,376.05 Borrowings from F. R. bank Borrowings from other banks All other liabilities 2.30 69,637.47 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: 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 None Secured claims. .. . 92,484.13 Preferred claims --- 949 369 77 . Total claims. . .. Total payments --- 26,065.01 --_ 26,065.01 Per cent of payments to claims allowed --- --- 1,885.64 General claims. . .. Payments from guaranty fund 28.18 --- 26,065.01 --- --- 26,065.01 27.62 0 Frontier County Bank, Stockville, Nebr. "GOING BANK" PERIOD 5-2-28 Liabilities Deposits Bills Payable Other Liabilities Total Nay 1, 1928 to February 26, 1929 $80,401.01 10,734.05 Decrease Increase Per Cent o f Net Decrease 11,975.04 $10,734.05 2.30 4•W••=0•4.1.M••••.•••••••• •........ $91,135.06 4) 1,943.99 Increase 1.36 The net decrease in liabilities during the "going bank" and receivership periods was 25.05 per cent. r Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Craus 3:7c — — — liecilons ri iioveT co 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)...I-EXX .Esuporvision. by .depart ment • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yea If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 $320.96 1930 127.82 Total $448.78 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 Name of State O State bank O Trust company O Stock savings bank • NEBRASKA • Mutual savings bank O Private bank 1. Name of bank 2. Date organized Strang State Bank 10-19-1695 3. Federal reserve district Date suspended Town or City Strang 1-25-29 Ten Population of town or city* 175 Iember or nomnember 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 Fillmore 6. Condition figures, as of (date*) January 25,1929 Loans and discounts: On real estate Other $ 21,877.02 Total loans and discounts 11,353.12 Real estate acquired in satisfaction of debts Investments 22,641.84 All other resources 55,(371.98 Total resources 10,000 00 ! Capital 20,127.32 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 13,500.48 51,882.15 $ 65,382.63 Total deposits Borrowings from F. R. bank Borrowings from other banks 616.67 All other liabilities 55,871.98 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Preferred claims General claims. ... Total claims.. .. If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims. ... Yes Payments from guaranty fund Total payments Per cent of payments to claims allowed None 13,643.78 66,284.30 13,643.78 20. --- _-- 0 3.3,643.78 65.67 --- --- 68,218.63 --- 13,643.78 __ 19.98 Strang state Bank, Arang, "GOING BAM" P2RIOD, August 4, 1927 to January 25, 1929 Increase Liabilities 8-4-27 Decrease Per Cent Deposits Bills Payable Other Liabilities Total 147,400.63 1,960.00 10 72 0.49,527.35 82,018.00 1,960.00 449.95 83,528.25 of net decrease 55.86 The net decrease in liabilities during the "going bank" and receivership periods was 63.45 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 trout 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)Citizeps State Bank,uev Failure of correspondent (Name) Failure of large debtor (Name) visuse 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? Y0s 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? - 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 Collections on stockholderc liability, 1929, 30, 672.00 0 757.00 i..,J a/ ,t K FEDERAJ.: RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 IA Name of State State bank O Trust company O Stock savings bank • O Mutual savings bank NEBRASKA O Private bank 1. Name of bank Citizens state sank 2. Date organized 11 1 - (f) 3. Federal reserve district Date suspended Town or CityStratton 5-2226 Ten Population of town or city* 5°9 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 Hit County- chcock 6. Condition figures, as of (date*) May 22 1926 ) Loans and discounts: On real estate Other $ 116,860.98 Total loans and discounts Real estate acquired in satisfaction of debts 52,903.52 Investments 19,935.73 All other resources 109,720.23 Total resources Capital 15 000 00 ) ! Surplus and undivided profits 11,577.09 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 55057.76 103,633.59 $ 159,691.37 Total deposits Borrowings from F. R. bank 26,100.00 Borrowings from other banks 505.95 All other liabilities 189,720.23 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total................................... 9. Is this bank still in process of liquidation? Claims allowed Secured claims. ... Total claims. ... Dividends paid from collections Payments from guaranty fund 114,847.26 64,500.00 Total payments Per cent of payments to claims allowed vone Preferred claims... 179,347.26 General claims. . .. If so give payments to date: June 30, 1930 (Amounts in dollars) Y68 7,302.19 1863 649.47 17.9,341/.78 ........ 134,847.28 100 0 64,500..00 179,347.78 96.08 Citizens State Bank, Stratton, Nebr. "GOING BAM" PERIOD, May 1, 1926 to Lay 22, 1926 increase Liabilities 5-1-26 Decrease Per Cent of Deposit b,629•75 153,061.62 net •Bills Payable 26,100.00 increase Other Liabilities 505.95 decrease Total 6,629.75 Palt.6 . 6 2.1a ammimmom The net decree.se in liabilities during the "going bank" and receivership periods was 95.93 per cent. ••••••• k... ia.il I lb allO , 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 judment laxit in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) • Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry Yes or agriculture? If so, state what industry or type of agriculture general farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1921 — 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1925, 1927, 1929, 0.000.00 500.00 4,100 00 . Total 0,6op.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 E State bank ID Trust company • o Stock savings bank NEBRASKA • Mutual savings bank O Private bank 1. Name of ban 2. Date organized Farmers State Bank 7-14-1919 3. Federal reserve district 'cown or City Date suspended 5-25-29 Ton Litr omsburg Folk Population of town or city* 1361 Member or nonmember of F. R. System 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Nonmember 6. Condition figures, as of (date*) Llay 25, 1y29 Loans and discounts: On real estate Other $ 122,311.24 Total loans and discounts Real estate acquired in satisfaction of debts \` Investments 23,891.08 All other resources 146,202.32 Total resources 30,000.00 Capital 6,335.57 Surplus and undivided profits Deposits: 3,931.95 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 31,234.21 73,528.58 $ 108,694.74 Total deposits Borrowings from F. R. bank Borrowings from other banks 1,172.01 All other liabilities 146,202.32 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: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total................................... 9. Is this bank still in process of liquidation? Claims allowed Secured claims.. Preferred claims.. If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed None 111,649.83 200.95 General claims Total claims Yes 111,850.78 53,182.31 --- 53,182.31 --- --- --- 53,182.31 --- 51,182.11 47.63 0 47.54 Farmers State Bank, Stromsburg, Nebr. "GOIX BANK" PERIOD, April 12, 1929 to May 25, 1929 LiabilitieS 4-12-29 Derosits A10,646.12 Bills Payable 222,000.00 Other Liabilities -1;2, 3.913_ 0 Total !4giggE.U1 Decrease 1,951.38 22,000.00 Per Cent of net decrease 2,3z82.4r The net decrebse in liabilities during the "going bank" and receivership periods was 56.16 per cent. Lwiii guaranty fund 1 G1 l...1. UL C1.1 1 CA. j111,11.0 Claims allowed Secured claims. Preferred claims . General claims. .. Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis collections Total payments , pay 111,111 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 judment laxit 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 ? 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 1929, :41792.!ld http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently supervisory authorities or by the bank's board of directors on account of financial difficulties. This by form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank In State bank Name of State .3(56 O Trust company O Stock savings bank O Mutual savings bank Nebraska, El Private bank 1. Name of ban 2. Date organized '1<___Citi-LemiLaalisLf—Stalar_t_Town or City Stuart 4-1.04895 3. Federal reserve district Date suspended 12-1-30 Te_u. Population of town or city* 773 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 Holt 6. Condition figures, as of (date*) December 1, 1930 Loans and discounts: On real estate Other Total loans and discounts $ 275,5P3.40 Real estate acquired in satisfaction of debts 43,730.02 Investments 25,000.00 All other resources 23.982.27 368,295.69 Total resources Capital 50,000.00 Surplus and undivided profits Deficit 4.255. Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings _142,526.06 179.407.69 Total deposits $ 321,933.75 Borrowings from F. R. bank Borrowings from other banks All other liabilities 617_45 Total liabilities 7. Has this bank been reopened? 368,295.69 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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) from •und Total payments Per cent of payments to claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed This bank is making apolicntion for receivership. iitom liquidation oi 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 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. .Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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 Cattle /Aising. What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1g22-2: 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 Ej National bank a 99 4 Name of State State bank LI Trust company El Stock savings bank • LI Mutual savings bank NEBRASKA Private bank 1. Name of bank Citizens State Bank 2. Date organized 11-22-1913 3. Federal reserve district Date suspended Town or City Superior 6-25-29 Ten Nuckolls Population of town or city* 2719 Member or nonmember of F. R. System 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Nonmember 6. Condition figures, as of (date*) June 25, 1929 Loans and discounts: On real estate Other $ 261,969.15 Total loans and discounts 36,953.12 Real estate acquired in satisfaction of debts ()\9 Investments 61,495.82 All other resources 360,433.09 Total resources Capital 50,000.00 / 11,801.55 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 36,865.64 149,467.36 112,298.54 $ 298,631.54 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 360,433.09 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 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Claims allowed Secured claims None Preferred claims 290,817.10 General claims.. .. 6,347.19 Total claims. ... 297,164.29 If so give payments to date: Yes June 30,1930 (Amounts in dollars) Dividends paid from collections Payments from guaranty fund --- --- 60,359.20 --- --- --- Per cent of payments to claims allowed --- --.. 60,359.20 Total payments 60,359.20 20.75 --- 0 60,359.20 20.31 Citizens State Bank, Superior, Nebr. "GOING BANK" PERIOD Liabilities December 29, 1928 to June 26, 1929 12-29-28 Decrease Per cent of net decrease $448,381.00 40,000.00 488.381.00 $149,719.46 40,000.00 $189.749.46 $433,381.00 Deposits Bills Payable Other Liabilities $189,749.46 38.85 The net decrease in liabilities during the "going bank" and receivership periods was 51.51 per cent. l... 10.1111. c1,11,./ W ell , Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis , l...lille IdUllb gual ail 1,y . 1 Mill I kJ L,cia pay l Hell LJ 1.0 claims auowea 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? No If so, state what industry or type of agriculture What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 12. Were there any assessments, voluntary or 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 1930 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $827.90 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 0 National bank Name of State O State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of ban 2. Date organized State Bank of 2-21-1)14 3. Federal reserve district Superior Date suspended Ten Superior Town or CityCounty kalckoll s 7-7-27 Population of town or city* 2719 Member or nonmember of F. R. System I onme T.the r 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 6. Condition figures, as of (date*) July 7, 1927 Loans and discounts: On real estate Other $ 500,342.01 Total loans and discounts 71,800.00 Real estate acquired in satisfaction of debts Investments 92,954.47 All other resources 665,096.46 Total resources Capital 50,000.00 Surplus and undivided profits 11,488.30 Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 61,104.89 264,621.43 254,599.75 $ 560,326.07 Total deposits Borrowings from F. R. bank 22,856.21 Borrowings from other banks 425.90 All other liabilities 665,096.48 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 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 Claims allowed Payments from collections guaranty fund Per cent of payments Total payments to claims allowed 22,656.21 16,791.32 --- 16,791.12 73.46 Preferred claims... 635,622.81 56,336.76 --- 58,336.76 9.17 General claims. . .. 12,249.06 --- --- --- 75,128.08 —-- 75,128.08 Secured claims. Total claims. ... 670,728.06 The State Bank of superior, superior, Nebr. "GOL.G BANK" I'EUIOD, April 23, 1927 to July Increase Decrease 4-23-27 Liabilities Deposits Bills Payable Other Liabilities 032.226.62 60,500.00 __ULU. 1,900.55 37,643.72 354.11 Total 042,796.41 39,190.23 •••••••11....••••••.** 7, 1927 Per Cent of net decrease 6.09 V The net decrease in liabilities during the *going bank" and receivership periods was 7.34 per cent. Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis .0 11.21 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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) migpAQ • 2.11 furAq 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? 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, 1928, W.,000.00 1930, _132. .26 0.,332.26 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 [2] State bank O Trust company O Stock savings bank • O Mutual savings bank NEBRASKA • Private bank State Bank of Surprise 1. Name of bank 2. Date organized 1-24-1?00 3. Federal reserve district Date suspended , Town or City 3-11-29 Ten Surprise Population of town or city* Member or nonmember of F. R. System 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Butler 279 Nonmemb e r /Larch 11, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 96,062.37 Total loans and discounts Real estate acquired in satisfaction of debts 49 109•75 — Investments 7,500.00 • 20,844.-)2 All other resources 123,510.54 Total resources 10,000.00 Capital 5,458.18 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 50,6'36.20 Time deposits, including postal savings 55,156.16 106,152.36 Total deposits O ••• Borrowings from F. R. bank Borrowings from other banks OM OM m4 All other liabilities 123,510.51 Total liabilities 7. Has this bank been reopened? Ye s If so give: 5-29-29 Date of reopening Name under which reopened State Ba.nk of Surprise Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Claims not esta.b3sished before re o!)eninc. , Preferred claims There was a 50% write -do..vn of unsecured General claims deposits with which to purchase and remove Total 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. STATE BANK OF SURPRISE Amount Estimntea Loss Per Cent of Estimated Loss to Denositors Estimated Loss On: Secured Deposits & Offsets Unsecured Deoosits Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 12,918.04 93.234.32 lig 152.36 None $26.016176 $26.016.76 27 90 24.51 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) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye s If so, state what industry or type of agriculture Gene ra1 farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1120-1921 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following • National bank Name of State n State bank • Trust company O Stock savings bank • El NEB R.A.SM Iutual savings bank Private bank I. Name of bank City State Bank 2. Date organized 3. Federal reserve district 11-5-191 ,3 Date suspended Ten Town or City 4-8-.29 Sutton 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 Clay 1603 Nonme mbe r April 1, 1930 6. Condition figures, as of (date*) Loans and discounts: On real estate Other Total loans and discounts $ 182,005.69 33,548.09 Real estate acquired in satisfaction of debts • 30,596.66 Investments 39,224.10 All other resources 285,374.54 Total resources 30,000.00 Capital 5,297.60 Surplus and undivided profits • Deposits: 1,459.62 Due to banks** 85,677.67 Demand deposits, including U. S. Govt. deposits 135,939.65 Time deposits, including postal savings $ 223,076.94 Total deposits ORD NMI on Borrowings from F. R. bank 27,000.00 Borrowings from other banks IMP OM MO All other liabilities 235,374.54 Total liabilities 7. Has this bank been reopened? Date of reopening Ye s If so give: 5-31-29 City State Bank Name under which reopened Amount of loss Loss to depositors on: Per cent of loss to claims Secured claims Claims were not ef tab 11shed before reopening. Preferred claims There was a 50/. write-down of unsecured General claims deposits with which to purchase and remove Total 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. CITY STATE BANK, SUTTON. kmount Estim nted Loss Per Cent of Estimated. Loss to Denositors Estimdated Loss On: Secured Deposits & Offsets Unsecured Denosits Tota. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 8,392.08 214.684.86 $223.0y6.94 None $62k139.71 $62,139.71 26.94 27.85 If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Per cent of loss to claims Loss to depositors on: Amount of loss Secured claims • Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims... • - General claims. . .. Total claims. . .. 10. Has this bank been finally liquidated? 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 Ge nera1 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 acdount of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following :3 5 • 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 2. Date organized Sutton State Dank 4 1-6-19115ate suspended ' Town or City 52729 -- Sutt on County 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 Clay 1603 onmembe r May 27, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 2 10,434.11 Total loans and discounts 53,432.45 Real esate acquired in satisfaction of debts ( , Investments 15,434.78 , 53357.41 All other resources 332,708.75 Total resources 50 000.00 Capital 4,407.91 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 113,041.69 Time deposits, including postal savings 174,074.97 287,116.56 Total deposits • MO Oa Borrowings from F. R. bank Borrowings from other banks Oa All other liabilities 332,703.75 Total liabilities 7. Has this bank been reopened? Yes Date of reopening If so give: 3-17-29 S utton State Bank Name under which reopened Amount of loss Loss to depositors on: Per cent of loss to claims Secured claims Claims were not %stablished before reopening. Preferred claims There was a 50/3 write-down in deposits with General claims which to purchase and remove undesirable assets. Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. SUTTON STATE BANK. Amount Estimated Loss Per Cent of Estimeted Loss 1bn Deoositors Estimated Loss On: Secured Deposits & Offsets Unsecured Deposits Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4 20,234.98 266 881.6R 7287.116.66 None $79,595.58 $79,595.58 ••111 29.82 27.72 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. . . . If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured Dividends paid from collections Payments from guaranty fund claims Preferred claims G eneral 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) Suicide of President • 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following d O National bank Name of State O State bank O Trust company 0 Stock savings bank • NEBRASKA 0 Mutual savings bank 0 Private bank 1. Name of ban Swe°tauter State Bank 2. Date organized 11-16-1 909 3. Federal reserve district Town or City Swe°twate r Date suspended12-30-26 Ten Population of town or city*_152 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 Buffalo Nonmember 6. Condition figures, as of (date*) Jiecember 30, 1926 Loans and discounts: On real estate Other $ Total loans and discounts 25,976.09 250.00 Real estate acquired in satisfaction of debts \O Investments 7,584.12 All other resources 33,810.21 Total resources 10,000 00 Capital 5,643.62 Surplus and undivided profits Deposits: 57.11 - Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 7,149.58 12,093.84 $ Total deposits 19,300.55 Borrowings from F. R. bank 10,050.00 Borrowings from other banks 103.28 All other liabilities 33,810.21 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? If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Payments from guaranty fund Total payments ......... 10,050.00 16,000.00 19,355.34 ........ _-- --- 13,409.3.4 Claims allowed Secured Yes 16,000.00 29,405.14 10,050.00 Preferred claims General claims.... 10,050.00 19,359.3.4 claims 3,359.14 369.3.5 29,778.29 Total claims 10. Has this bank been finally liquidated? Per cent of payments to claims allowed 100 99.98 o 98.74 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 ? 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, 1927, 1. 000.00 , 1929, 400.00 $1 400.00 ) FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State Ei State bank O Trust company O Stock savings bank • NEBRASKA LI XIutual savings bank O Private bank State Bank 1. Name of bank- 2. Date organized 11-10-1916 3. Federal reserve district Date suspended Ten 'Town or City Town 9-9-1921 Table Rock Population of town or city* Pawnee 750 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 27, 1921 Loans and discounts: On real estate Other 90,550.66 Total loans and discounts din ell ••• Real estate acquired in satisfaction of debts Investments 18,784.87 All other resources 109,335.53 Total resources 20,000.00 Capital 6,106.17 Surplus and undivided profits Deposits: Due to banks** 197.91 Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 4'5,891.87 92,089.78 Total deposits . nig 4. .OM Borrowings from F. R. bank 2,500.00 Borrowings from other banks 851.92 All other liabilities 109,335.53 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 Preferred claims 2,500.00 2,500.00 95,310.46 Secured claims. . .. 12,610.46 Payments from guaranty fund 2 29500.00 72,500.00 110.00.1 100,610.46 Total claims 410,41P•• 25,310.46 10. Has this bank been finally liquidated? Per cent of payments to claims allowed 4.1•11011 ,800.00 General claims Total payments 72,500.00 100 95,310.46 100 11.10,11•0 0 97,810.46 97.21 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) deflation grain 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 eneral 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? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis yes If so, give dates and amounts of all assessments 1923 — ;11,500.00 1926 — Total 7,000.00, 2,2 , 222 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State E State bank O Trust company O Stock savings bank O NEBRASKA Mutual savings bank El Private bank 1. Name of bank 2. Date organized Farmer e Excl-L.nge Bank 7-1-1903 3. Federal reserve district Date suspended Ten Town or City 11-26-29 Tamora Population of town or city* Seward 213 Member or nonmember of F. R. System lonmernber 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*) Noverner 26, 1929 .: Loans and discounts: On real estate Other 66,215.4.8 $ Total loans and discounts Real estate acquired in satisfaction of debts \D Investments 15,946.86 All other resources 82,162.34 Total resources 10,000.00 Capital 1,380.46 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2 ,371.95 36,561.69 25,061.49 $ 63,995J3 Total deposits Borrowings from F. R. bank 9,317.24 Borrowings from other banks 230.43 All other liabilities 82,162.34 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) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Secured claims Trus,. funds Preferred claims 9,317.24 9,317.24 ........... 9,317.24 2,475.04 42,865.45 2,475.04 30,013.39 --... ........ 2,475.04 30,013.39 General claims 11,9M.19 --- --- Per cent of payments to claims allowed 100 100 70 '-• .0 MEP .... 0 41,605.67 66,645.92 Total claims 10. Has this bank been finally liquidated? --- 41,805.67 62.72 If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed 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 buqiness Other causes, (specify) • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Y°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 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 yes If so, give dates and amounts of all assessments Collections on stockholders liability, 1930, 1,070.28 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 1:1 National bank Name of State E State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank LI Private bank 1. Name of bank 2. Date organized Old Gold Bank 12-11-1913 3. Federal reserve district Date suspended Town or City 7-2-25 Ten Taylor Population of town or city* Loup 251 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 2, 1925 Loans and discounts: On real estate Other 410 Q 2 . $ 103' • Total loans and discounts Real estate acquired in satisfaction of debts Investments 16,887.52 All other resources Total resources 120,298.a. Capital 20,000.00 Surplus and undivided profits 10,294.82 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 22,440.12 Time deposits, including postal savings 8,74.83 '1 5 $ 110,014.95 Total deposits Borrowings from F. R. bank Borrowings from other banks 576.31 All other liabilities 120,298.44 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? Claims allowed Secured claims Preferred claims Yes If so give payments to date: June 30, 1930. (Amounts in dollars) Dividends paid from collections Payments from guaranty fund None 111,085.69 578.31 General claims. . . Total claims. ..111,664.00 20,395.69 90,690.00 --20,395.69 MP 0=me Nor 90,690.00 Total payments Per cent of payments to claims allowed . 111,085.69 100 0 .....O. 111,085.69 99.0 Old Gold Bank, Taylor, Nebr. "GOING BANK" PERIOD February 26, 1924 to July 2, 1925 Liabilities Deposits Bills Payable Other Liabilities 2-26-24 Decrease 22,608.87 14,478.80 4132,623.83 14,476.60 1,665.44 Per Cent of net decrease 1,107.13 Total 38,194.80 25,67 The net decrease in liabilities during the "going bank" and receivership periods was 99.61 per cent. k_Aaiins aituwal Secured collections guaranty tuna claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . i otat paymenth LU 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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 bctsiness 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 1925, $3.15 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 43 National bank Name of State • State bank O Trust company O Stock savings bank • 0 Mutual savings bank Nebraska O Private bank 1. Name of bank 2. Date organized Citizens State Bank 8-23-1917 3. Federal reserve district Date suspended Ten Town or City 3-31-30 The dford Population of town or city* Thos 260 Member or nonmember of F. R. System 11onme mb er 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County arch 29,1930 6. Condition figures, as of (date) " Loans and discounts: On real estate Other Total loans and discounts $ 66,169.16 8,977.20 Real estate acquired in satisfaction of debts \D Investments All other resources 8,651.46 Total resources 83,789.62 15,000.00 Capital 2,511.11 Surplus and undivided profits Deposits: $ Due to banks** 1,132.73 Demand deposits, including U. S. Govt. deposits :33,035.96 Time deposits, including postal savings 20,523.69 54,692.38 Total deposits Borrowings from F. R. bank 11,493.68 Borrowings from other banks All gther liabilities .65 Total liabilities 13,78.52 7. Has this bank been reopened? Yes Date of reopening r -7-7 , Name under which reopened Loss to depositors on: Secured claims Preferred claims If so give: Citizens State Bank Amount of loss Per cent of loss to claims • None tt General claims Total * Condition items should be as of date of suspension, if possible, 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 Dividends paid from collections Payments from guaranty fund Total payments claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis . Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) • Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? If so, state what industry or type of agriculture General farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?1.926-192 7 12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State Es State bank O Trust company O Stock savings bank • NEBRASKA O 'Mutual savings bank O Private bank 1. Name of bank 2. Date organized Thedford Bank 12-2-1895 3. Federal reserve district Ten Date suspended Town or City 2-2524 The dford Population of town or city* Th orna 260 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*) February 25, 1924 Loans and discounts: On real estate Other $ Total loans and discounts 89,689.51 7,395.24 Real estate acquired in satisfaction of debts 121 00 Investments 22,562.17 All other resources 119,767.92 Total resources 10,000.00 Capital 4,494.90 Surplus and undivided profits Deposits• $ Due to banks** 26_5.34 Demand deposits, including U. S. Govt. deposits 66,009.50 Time deposits, including postal savings 3:f,674.07 91,948.91 Total deposits Borrowings from F. R. bank 12,455.Q0 Borrowings from other banks 869.11 All other liabilities 119,767.92 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? Yee If so give payments to date: June 30, 1930 (Amounts in dollars) • Dividends paid from collections Claims allowed 12,455.00 Preferred claims General claims. . .. --- 12,455.00 79,205.68 Secured claims Payments from guaranty fund 4,555.68 74,650.00 --- Total claims. . .. 100,206.23 --- 17,010.68 8,545.55 74,650.00 10. Has this bank been finally liquidated? Total payments Per cent of payments to claims allowed 12,455.00 100 79,205.68 100 -.-- 91,660.68 0 91.1.7 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 cattle raising What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1923 - 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? 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 supervisory authorities or by the bank's board of directors on account of financial difficulties. This by form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following -1 (5 O National bank Name of State Ed State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of ban Liberty state Bank : 2. Date organized 12-0-1918 3. Federal reserve district Town or City Date suspended 3-21-28 Ten 1 "hurst on Thurst on Population of town or city* 204 Member or nonmember of F. R. System 11 onmembe r 4. Number of branches operated: In city of parent bank_ Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) ida.r c h 21. 1926 Loans and discounts: On real estate Other $ Total loans and discounts 34,377.35 9,116.46 Real estate acquired in satisfaction of debts Investments 1,262.29 All other resources 44,756.12 Total resources 20,000.00 Capital 46,057.45 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 11,929.41 58,850.31 $ 70,779.72 Total deposits Borrowings from F. R. bank Borrowings from other banks 33.65 All other liabilities 44,756.12 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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? Payments from guaranty fund Total payments 5,794.39 Per cent of payments to claims allowed 5,821.46 None Secured claims. 27.07 72,456.87 Preferred claims .. --- 196.64 27.07 72,655.51 Total claims If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed General claims Y s --- 8.03 --- 0 8.01 5,821.46 5,794.39 LIal;RTY STATE BANK, Thurston, Nebr. JANK" Fi1a0D, September 29, 1925 to March 21, 1928 9-29-25 Liabilities Deposits Bills Payable Other Liabilities Decrease Per Cent 0.04,750.50 3,000.00 425.19 33,970.78 of net decrease TOTAL 3,000.00 39_1.34 fELk&12 The not decrease in liabilities during the "going bank° and receivership periods was 35.21 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) 'disuse of bank funds Other causes, (specify) x Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye s If so, state what industry or type of agriculture general farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1921 - 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 E] National bank Name of State State bank o Trust company O Stock savings bank • NEBRASKA 11] Mutual savings bank O Private bank 1. Name of ban 2. Date organized Thurston state Bank 3-16-1905 3. Federal reserve district Date suspended Town or City Thurston 4-6-29 Ten Population of town or city* 204 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 Nonmeriber April b, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ Total loans and discounts 24,806.51 41,299.71 Real estate acquired in satisfaction of debts • Investments 14,608.81 All other resources b0,715.03 Total resources Capital 15,0 00.00 Surplus and undivided profits 20,017.50 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 38,477.69 47,150.71 $ Total deposits 85,628.4.0 Borrowings from F. R. bank Borrowings from other banks 104.13 All other liabilities 80,715.03 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 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: Amoitnt 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, (Amounts in dollars) Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed n one Preferred claims... 67,149.14 _-_ -__ 19,545.42 ___ General claims. _-_ 86,694.56 --- -_- Total claims. --0 --_ Thurston State Bank, Thurston, Nebr. "03ID1 BANIC" PERIOD, January 12, 1928 to April 6 . , 1929 Increase Liabilities 1-19-28 Decrease Per Cent Deposits 9.5,697.42 10,069.02 of Bills Payable . 3,000.00 3,000.00 net Other Liabilities 24.00 bilta decrease Total 498,777.55 13,045.02 13.20 Ilimorizsammrums SEIMMI:=1 1MIUMI , mmagmern The net decrease in liabilities during the "going bank" and receivership periods was 12.23 per cent, Secured claims. .. Preferred claims General claims. . . Total claims. . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1930 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) Eailure .of.large.delatar.P.1.141-4 General deflation Other causes, (specify) Misuse of funds 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? 19 - 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 [1] National bank Name of State • State bank • Trust company [j] Stock savings bank • NEBRASKA • Mutual savings bank • Private bank 1. Name of bank 2. Date organized State Bank 7-26-1907 3. Federal reserve district Town or City Date suspended 12-5-.1928 Ten Tilden Population of town or city* 1101 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 fladison 6. Condition figures, as of (date*) December 5, 1928 Loans and discounts: On real estate Other $ 100,766.45 Total loans and discounts 14,428.89 Real estate acquired in satisfaction of debts Investments 50,426.71 All other resources 165,622.05 Total resources Capital 20 000.00 Surplus and undivided profits 50,309.68 Deposits: 3.46 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 47,426.99 148,292.82 $ 195,725.27 Total deposits Borrowings from F. R. bank Borrowings from other banks 206.46 All other liabilities 165,622.05 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 9. Is this bank still in process of liquidation? Claims allowed .....— Secured Ye s If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Payments from guaranty fund Total payments ....... --- ......... 20,060.19 --- --- --- 20,060.19 --- claims Preferred claims... General claims. . 199,5b6.41 400.4a Total claims. ... 199,9d6.89 Per cent of payments to claims allowed 20,060.19 --- 2Q.060_19. State Bank of Tilden, Tilden, Nebr. "GOING BANK" PERIOD, July Liabilities7-1-27 Deposits Bills Payable (secured) Other Liabilities TOTAL 7, 1927 to December 5, 1928 Decrease Total 267,402.49 71,677.22 net 11,896.23 29ILea 11,696.23 decrease 1212,5o4%. ? 1 .9 =i6 ,12 .„ 4222 The not decrease in liabilities during the "going bank" and receivership periods was 35.62 per cent. Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis --- 10.05 0 10.03 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 mar be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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).. Eqr.9rAl 1 • 3fJtiqfl f Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry yEi8 or agriculture? If so, state what industry or type of agriculture gen eral farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921 — 22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? ye If so, give dates and amounts of all assessments Collections on stockholders liability, 192d, http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 3 70.00 1929, JQLL 674.12 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 329 Name of State • State bank El Trust company 11 Stock savings bank • • NEBRASKA futual savings bank El Private bank State 1. Name of bank__ Bank of Touhy Town or City Touhy County Saunders 423 2. Date organized 6-25-1906 3. Federal reserve district Date suspended Ten Population of town or city* 100 Member or nonmember of F. R System__kl onme nth er 4. Number of branches operated: In city of parent bank__ Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group Kirchmans Banks * Latest census 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*) LJ 10, 1930 Loans and discounts: On real estate Other $ Total loans and discounts Real estate acquired in satisfaction of debts 23,914.19 c4_4, 3,740.00 Investments 20,168.20 All other resources 47,822.39 Total resources 5,000.00 Capital 217.17 Surplus and undivided profits Deposits: 397.50 Due to banks" Demand deposits, including U. S. Govt. deposits 26,009.82 Time deposits, including postal savings 12,050.81 $ Total deposits 38,456.13 Borrowings from F. R. bank 4,500.00 Borrowings from other banks 81.43 All other liabilities 47,822.39 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 Claihs not establish d to date, 6-30-30. 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) Saunders County Nat'l Bank, 'is'ahoo 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 y 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 suspen192, - 1929 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 If so, give dates and amounts of all assessments Prior assessments 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 O National bank Name of State j State bank O Trust company O Stock savings bank O Mutual savings bank NEBRASKA O Private bank Farmers et Merchants Bank 1. Name of bankTown or City Ulysses 2. Date organized 6-22-1906 3. Federal reserve district Date suspended 4-3-28 Ten Population of town or city* 560 Member or nonmember of F. R System Nonmernbe 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 Butler 6. Condition figures, as of (date*) April 3, 1928 Loans and discounts: On real estate Other $ 77,919.97 Total loans and discounts 1,200.00 Real estate acquired in satisfaction of debts Investments 1 \() 45,492.21 All other resources 124,612.18 Total resources 15,000.00 Capital 65,658.41 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 51,875.78 116,796.48 $ 170,672.26 Total deposits Borrowings from F. R. bank Borrowings from other banks 4,598.33 All other liabilities 124,612.18 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 b'ank still in process of liquidation? None General claims Payments from guaranty fund --- 17,736.57 --- Per cent of payments to claims allowed --17,736.5_7 10.04 --- 6,544.94 . Total payments --- 176,504.31 Preferred claims If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims. . s --- 17 736057 , Total claims.. 183,049.25 0 17,736457 9.68 Farmers IC Merchants Bank, Ulysses, Nebr. "GOING BANK" PERIOD October 7, 1926 to kpril 3, 1928 10-7-26 Liabilities $245,509.71 Deposits Bills Payable Other Liabilities Decrease Increase Per Cent of Net Decrease 74,837.45 IM Oa .1111 111•• MP WO 928.36 3,669.97 $246,438.07 $71,167.48 28.87 The net decrease in liabilities during the "going bank" and receivership periods was 32.91 per cent. ..... Secured claims Preferred claims General claims. . .. Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ...- ..M11Cilgialt.- guaranLy iurru - - rotai payments - to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify).1 x. enf onceinent • of..Stato .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? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes If so, give dates and amounts of all assessmentc Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1928 $2,300.00 1929 577.17 Total $2,877.17 • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 [5 State bank 199 El Trust company El Stock savings bank • El Mutual savings bank Nebraska l:] Private bank 1. Name of bank First Bank of Ulysaes 2. Date organized 10-19-1895 3. Federal reserve district Town or City Ulysses Date suspended3-9-28 Ten Population of town or city* 560 Member or nontnember of F R. System November 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Butler 6. Condition figures, as of (date*) March 9, 1928 Loans and discounts: On real estate Other 96,620.52 Total loans and discounts 40,142.15 Real estate acquired in satisfaction of debts c\`\ Investments • 46,932.68 All other resources 183,695.35 Total resources 40,000.00 Capital St+944i6-aad-ualdiwicie41.4asaLts. Defi'it 143,119.15 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 33,586.50 238,599.83 • 272,186.33 Total deposits Borrowings from F. R. bank Borrowings from other banks 14,628.17 All other liabilities 183,695.35 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 If so give payments to date: June 30, 1930 9. Is this bank still in process of liquidation? Yes (Amounts in dollars) Claims allowed Secured claims hone Preferred claims.. 91,589.27 General claims. . . Total claims 537.16 92,126.43 Dividends paid from collections ---8,747.71 --8,747.71 Payments from guaranty fund Total payments --14,579.59 --23, 327.30 --14,579.59 Per cent of payments to claims allowed --23,327.30 IqR5 . --7.98 First Bank of Ulysses, Ulysses September 14, 1925 to March 9, 1928 Increase Decrease Per Cent 9-14-25 of Net Decrease $356,246.94 $84,060.61 34,361.08 34,361.08 1,300.80 12,827.37 391,908.82 26.95 105,594.32 "GOING RANK" PERIOD Depositors Liability Secured Liabilities Other Liabilities Total Liabilities The net decrease in depositors liability, secured liabilities, and other liabilities for "going bank"period and receivership period is 31.44 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)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? 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? January 1917 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: June 302 1930 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 627.43 • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following 343f., 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 Merchants Bank -2. Date organized 4151892 3. Federal reserve district Date suspended Ten Town or City 2-18-30 Utica Population of town or city* Seward 571 Member or nonmember of F. R. System Nonmember 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) February 18, 1930 Loans and discounts: On real estate Other $ Total loans and discounts 151,790.31 14,600.00 Real estate acquired in satisfaction of debts '\U Investments 33,415.00 All other resources 33,894.13 233,699.44 Total resources 20,000.00 Capital 3,631.69 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 1,721.74 67,960.86 140,365.3.5 $ 210,067.75 Total deposits Borrowings from F. R. bank Borrowings from other banks All other liabilities 233,699.44 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 S. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed _ Trust funds 1Seettpe€1.-olaims 1,545.16 General claims... Total claims "-- 1,545.36 202,552.74 1/1,404.01 "-" --_ 111,404 .03 55. -•••=II --- 0 2-05T2- 5;06. 112,949.39 1 . Preferred claims. 1,545.36 --- 3.1 3.26.96 100 112,949.19 _ 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? 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 Prior assessments 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 ID State bank Name of State O Trust company O Stock savings bank • O NEB RASKA . Mutual savings bank O Private bank 1. Name of bank Valentine State Bank 8-31-1901 2. Date organized Date suspended Town or City 2-21-1925 Va le nt IncCherry County Population of town or city* Nonmember Ten 3. Federal reserve district Member or nonmember of F. R System 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census 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 1596 6. Condition figures, as of (date*) February 21, 1925 Loans and discounts: On real estate Other 176,942.39 Total loans and discounts Real estate acquired in satisfaction of debts 4,995.26 t i 6 Investments 6.00 24,356.30 All other resources 206,299.95 Total resources Capital 25,000.00 Surplus and undivided profits Def itit 13,353.49 Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 2,995.52 70,745.62 119,719.67 Total deposits $ 193,460.81 — Borrowings from F. R. bank --- Borrowings from other banks 1,192.63 All other liabilities 206,299.95 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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 --.. —M.. Payments from guaranty fund Total payments .10.110.1 Per cent of payments to claims allowed IMMMWOO Secured claims Preferred claims 123,699.99 General claims.. .. 125/ 338 *15 116/442•50 _..— 1,638.16 Total claims. . . 7,257.49 7,257.49 123,699.99 ...... 0. 116,442.50 123,899.99 98.69 100. Valentine State Bank, Valentine, Nebr. "GOING BANK" PERIOD August 21, 1924 to February 21, 1925 Liabilities 8-21-1924 Increase Decrease Deposits Bills Payable (Secured) Other Liabilities $186,382.29 16,900.00 1,456.92 $ 7,078.52 $204,739.21 Total Per Cent of Net Decrease $10,085.77 16,900.00 264.29 4.92 The net decrease in liabilities during the "going bank" and receivership periods was 99.19 per cent. ... ''' "' Claims allowed Secured claims. . . Preferred claims General claims Total claims. . .. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis nvIN ICUlab gaitl LIUTII collections rayments trom guaranty fund Total payments rer cent or paymems 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) Deflation Other causes, (specify) X • 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 Gene ral farmi ng What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1391.-1922 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 March 27, 1925 Ye s If so, give dates and amounts of all assessments $1,500.00 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State • State bank O Trust company O Stock savings bank • O liEBRASKA Mutual savings bank El Private bank 1. Name of bank 2. Date organized Nebraska State Bank 1-22-1120 3. Federal reserve district Town or City Date suspended 10-25-29 Ten Valparaiso Population of town or city* Saunders 599 Nonmember Member or nonmeinber of F. R. System__ 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) October 25 1929 Loans and discounts: On real estate Other $ Total loans and discounts 96,806.66 27,299.75 Real estate acquired in satisfaction of debts CNC\ Investments 13,943.62 All other resources 138,050.25 Total resources 25,000.00 Capital 54.06 Surplus and undivided profits Deposits: Due to 13.,nks** -1,163.45 Demand deposits, including U. S. Govt. deposits 37,033.95 Time deposits, including postal savings 62,106.92 $ 100,304.32 Total deposits Borrowings from F. R. bank 12,737.97 Borrowings from other banks 62.02 All other liabilities 138,050.25 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. 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 --—_— Total payments 12,717.97 990.69 General claims J3,237.81 .....,.. 12,737.97 990.69 13,237.81 9,406.86 Preferred claims 12,737.97 990.69 88,251.79 cirs n Tgicitek a s es --- --- —.Poe 26,966.47 Total claims. . .. 111,387.31 Per cent of payments to claims allowed 100 100 15. 0 26,966.47 24.20 — 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Secured claims Preferred claims General claims. . .. Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis - 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) Misapplication 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? yoc 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 suspen192'f 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 Irior assessments 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 ,745f1._ Name of State El State bank O Trust company O Stock savings bank • 0 Mutual savings bank NEBRASKA O Private bank 1. Name of ban Oak Creek Valley Bank Town or City Valparaiso County Saunders /2. Date organized 3-4-1399 3. Federal reserve district Date suspended 4-16-30 TAn Population of town or city* Member or nonmember of F. R. System 599 N onme mbar 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 Banks * Latest census 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 iarchrnan's 6. Condition figures, as of (date*) April 13, 1930 Loans and discounts: On real estate Other $ Total loans and discounts 209,085.70 Real estate acquired in satisfaction of debts 29,900.18 Investments 13,950.00 All other resources 46,721.75 O 299,657.63 Total resources 20,000.00. Capital 10.976.33 Surplus and undivided profits Deposits: $ Due to banks** 13,496.46 Demand deposits, including U. S. Govt. deposits 114,159.70 Time deposits, including postal savings 129,399.86 $ Total deposits 257,056.02 Borrowings from F. R. bank 11,275.00 Borrowings from other banks 350.28 All other liabilities 299,657.63 Total liabilities has this bank been reopened? 7. I Yes If so give: 7-26-30 Date of reopening Name under which reopened Oak Creek Valley Bank Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Claims were not estqlished before reopening. Preferred claims There was a 657. 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. OAK CREEK VALLEY BANK, VALPAR4I SO. Amount Estimated Loss Per Cent of Estimated Loss to Depositors Estimated Loss On: Secured Deposits & Offsets Unsecured Deposits • Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 26,892.32 230.163.70 $257.056.02 None t38 234.43 $38.234.43 16.61 _14.87 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed Total payments Per cent of payments to claims allowed Secured claims. .. . Preferred claims.. . General claims. .. . Total claims. ... If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims. ... Preferred claims.. . General claims. ... Total claims. . .. 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 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) Saunders Co. Nat '1,*:/ahoo, NEbr. x Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry 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? 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 ,1 -,q 6 , , FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State Ei State bank O Trust company O Stock savings bank • O Mutual savings bank Nebraska, O Private bank 1. Name of bankirenan State Bank Town or City 2. Date organized 1-25-1909 — Date suspended 4244928 3. Federal reserve district Ten Venango Population of town or city* 285 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 B. F. Hastings Banks * Latest census 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 Perkins 6. Condition figures, as of (date*) April 24, 1928 Loans and discounts: On real estate Other Total loans and discounts $ Real estate acquired in satisfaction of debts 126,233.96 50,489.30 Investments All other resources Total resources 201,486.63 Capital 30,000..00 Surplus and undivided profits 1895.32 Deficit Deposits: $ Due to banks** 162,61 Demand deposits, including U. S. Govt. deposits 78,730.96 Time deposits, including postal savings 84,055.42 Total deposits 162,948.99 Borrowings from F. R. bank Borrowings from other banks 10,000.00 All other liabilities 342.96 201.486.63 Total liabilities Yes 7. Ilas this bank been reopened? Date of reopening If so give: 10-8-2R Name under which reopened Loss to depositors on: , Venango Stc te Bank. Amount of loss Secured claims There was no loss to depclitors. Preferred claims Per cent of loss to claims Stockholders purchnsed and removed undesirable assets. General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. "Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? • If so give: Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims • General claims Total 9. Is this bank still in process of liquidation? If so give payments to date: (Amounts in dollars) Dividends paid from collections Claims allowed Secured Payments from guaranty fund Total payments Per cent of payments to claims allowed claims Preferred claims General claims. .. . Total claims 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims. . Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values X Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) .Commercial.B.aril,..Gren.tt Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify) Deflation of Agriculturn1 Prices X Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Y. If so, state what industry or type of agriculture Wheat raisin What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1922 — 1923 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 3ers before or after Assessments on iirectors and stockho1, „ • 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 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 ES] State bank O Trust company O Stock savings bank O 1, EBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Farmers State Bank 5-20-1903 3. Federal reserve district Date suspended Ten Town or City 2-20-28 Verde? Population of town or city* Member or nonmember of F. R. System 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Knox 162 Nonmember 6. Condition figures, as of (date*) February 20, 1928 Loans and discounts: On real estate Other Total loans and discounts 95 854.43 9 $ 69,689.43 Real estate acquired in satisfaction of debts • c ' \6 Investments 22,141.22 All other resources 137,685.08 Total resources Capital 13,090 00 ! Surplus and undivided profits 72,804.65 Deposits: 2.40 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 21,926.40 217,134.98 Total deposits $ 239,063.78 Borrowings from F. R. bank Borrowings from other banks 3, 425•95 All other liabilities 187,685.08 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 Dividends paid from collections --- None Secured claims 244,305.20 Preferred claims 177.61 General claims. . .. Total claims.. .. 2449 482 81 . Payments from guaranty fund Total payments --_ 7,848.43 12,188.66 --- Per cent of payments to claims allowed --20,037.09 --- 7,848.43 12,188.66 8.20 O. 20,037.09 8.19 Farmers State Bank, Verdel, Nebr. "GOING BANK" P1.1RIOD Liabilities Deposits Bills Payable Other Liabilities Total July 15, 1925 to February 20, 1928 7-15-25 Decrease Increase 320,565.54 $81,501.76 1 144 78 481.17 $321,710.32 $81,020.59 MR The net decrease in liabilities during the "going bank" and re calve rship periods was 30.23 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 25.18 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification 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 state banking laws Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry Yes or agriculture? If so, state what industry or type of agriculture General farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1928 '31800.00 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 Nj State bank El Trust company O Stock savings bank • O Mutual savings bank Nebraska. O Private bank 1. Name of bank Knox County Bfmk 2. Date organized 10-164902 Date suspended 10-7-30 3. Federal reserve district Ten. Town or City Verdigye Population of town or city* rox 528 Member or nonmember of F R. Systernlionmemb er. 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Count 6. Condition figures, as of (date*) October 4, 1930 Loans and discounts: On real estate Other Total loans and discounts $ Real estate acquired in satisfaction of debts 215,102.36 27,326.09 Investments 8.70 All other resources 23,083.90 Total resources 265,521.05 Capital 25,000.00 Surplus and undivided profits 528.41 Deposits: $ Due to banks** Demand deposits, including U. S.,Govt. deposits Time deposits, including postal savings 189-85 99,169.42 139,281.19 Total deposits 238,640.46 Borrowings from F. R. bank Borrowings from other banks 996.15 All other liabilities 356.03 Total liabilities 7. Has this bank been reopened? 265,521.05 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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: December 31, 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 C1Pirrt not esthblishrd to 12-31-30, 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 X Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Ileavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) Other causes, (specify).. Deflation..in. 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 Farminp• What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1922-23 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments Assessments nrior 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 O Name of State State bank O Trust company O Stock savings bank • 0 Mutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized Vesta State Bank 2-14-1903 3. Federal reserve district Date suspended Ten Town or City 2-12-29 Vesta. 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 Johnson 250 Nonin9 mbe r 6. Condition figures, as of (date*) February 12, 1929 Loans and discounts: On real estate Other 53,194.46 Total loans and discounts 31,666.86 Real estate acquired in satisfaction of debts • Investments 7,808.89 All other resources 97,670.21 Total resources 25,000.00 Capital 20,055.99 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 36,699,83 5g,350.65 92,050.48 Total deposits Borrowings from F. R. bank Borrowings from other banks 675.72 All other liabilities 97,670.71 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? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims. . . Dividends paid from collections --___ 11,463.68 __— --- Total claims. . . 233.38 --- 94,869.05 Per cent of payments toclaimsathpwed ---- 11,463.68 94,635.67 General claims. .. Total payments --- None Preferred claims Payments from guaranty fund 11 463•68 , 11,463.68 12.11 0. 12.08 Vesta State Bank, Vesta, Nebr. "GOING BANK" PERIOD Liabilities Deposits Bills Payable Other Liabilities Total August 16, 1927 to February 12, 1929 Decrease 8-16-27 $144,564.55 13,108.00 169.33 $52,514.07 13,108.00 103.34 *157,841.88 $65,725.41 Per Cent of Net Decrease 41.64 The net decrease in liabilities during the "going bank" and receivership periods was 47.15 per cent. — s- Secured claims Preferred claims General claims Total claims. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis —-ruari — ---1 oral payniems— — tz claims a-nowea 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) • Other causes, (specify) Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Ye s If so, state what industry or type of agriculture General farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921.-22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes . If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1929 1609,73 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 by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following E] National bank Name of State El State bank O Trust company O Stock savings bank • 0 Mutual savings bank -73RA SKA O Private bank ;,aco ',;aco Statet'ank 1. Name of bank 2. Date organized Town or City 4-20-1936 Date suspended 3. Federal reserve district 9-15-1922 Te n 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 Yo r k County 207 l'Iontnembe r 6. Condition figures, as of (date*) September 2.!, 1.22 3 Loans and discounts: On real estate Other $ Total loans and discounts Real estate acquired in satisfaction of debts 108,728.52 — 2,828.06 Investments 19,351.44 All other resources 130,903.02 Total resources 15,000.00 Capital 2,789.12 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 37,519.20 49,998.52 87,517.72 Total deposits --Borrowings from F. R. bank 24,670.00 Borrowings from other banks 931.18 All other liabilities 130,908.02 Total liabilities 7. rias 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 _....... 24,670.00 74,003.22 INS •••... Preferred claims 24,670.00 87 5 3 22 ,0. Secured claims. .. . MB M.. ..• OP ROM 98,673.22 13,500.00 13,500.00 General claims. .. . Total claims. . .. 112,173.22 10. Has this bank been finally liquidated? Total payments 24,670.00 Per cent of payments to claims allowed 100. a P87,503.ee IIND dM.,.. 112,173.22 100. OM MP WI 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 ? 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 Collection on stockholders liability 9-15-22 to 12-31-26 $3,854.07 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1 Q66 66 Total *8,039.93 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 Citizens State Bank 6-5-1695 2. Date organized 3. Federal reserve district Date suspended Town or City 5-10-30 Ten VLahoo Saunders Population of town or city* 2338 Nonmember Member or nonmember of F R System_ 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) may 10, 1930 Loans and discounts: On real estate Other $ 362,691.97 Total loans and discounts 16, 000.00 Real estate acquired in satisfaction of debts Investments All other resources Total resources -45 135 29 . 3 5 7; 30,000.00 Capital 26,390.53 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 13,640.66 134,20d.93 215,199.95 $ 363,049.54 Total deposits Borrowings from F. R. bank 3.1,2..34.79 Borrowings from other banks 510.43 All other liabilities Total liabilities 7. Ilas this bank been reopened? 453,235.29 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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 Ye s 9. Is this bank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed Claims not . gablished -to 'to, 6-30-30. 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) 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 neral 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 Yo s If so, give dates and amounts of all assessments Collections on stockholders liability, 1930, I r r .00 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently supervisory authorities or by the bank's board of directors on account of financial difficulties. This by form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State State bank O Trust company O Stock savings bank • O Mutual savings bank NEBRASKA O Private bank 1. Name of baldarmers cc Merchants Bank 2. Date organized 4-6-1917 3. Federal reserve district Date suspended Town or City •; aho o 3-13-1928 Population of town or city* Ten Salindfirs 2338 Member or nonmember of F. R. System_ N onme mb e r 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County 6. Condition figures, as of (date*) Larch 13, 1928 Loans and discounts: On real estate Other 118,394.81 Total loans and discounts 12,447.66 Real estate acquired in satisfaction of debts Investments OW OW.. 19,661.45 All other resources 150,503.92 Total resources Capital 35,000.00 Surplus and undivided profits 26,169.77 Deposits: 5.00 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 32;312.28 107,845.39 140,162.67 Total deposits Borrowings from F. R. bank --- Borrowings from other banks 1,124.20 All other liabilities 150,503.92 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? 1133 If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed None Secured claims 144 264.02 Preferred claims 2,130.22 General claims.... Total claims. . .. 146,394.24 ..armers Dividends paid from collections Payments from guaranty fund Total payments --- --- 43,664.20 --- 43,664.20 --- -_ - --_, 43,664.20 --_ 43,664.20 Per cent of payments to claims allowed ,--_ 30.26 29.32 Tlerchants Bank, dahoo, Nebr. "GOING BANK" PERIOD February 24, 1926 to March 13, 1928 Liabilities 2-24-26 $198,338.14 Deposits Bills Payable (Secured)16,000.00 1.:37.43 Other Liabilities Total $215,475.57 Decrease $58,175.47 16,000.00 13.23 $74,188.70 The net decrease in liabilities during the "going bank" and receivership periods was 52.32 per cent. Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Per cent Net Decrease of 34.43 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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? Ye s If so, state what industry or type of agriculture Gene ral farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-1.922 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Ye s If so, give dates and amounts of all assessments Collection on stockholders liability June 30, 1930 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $2,550.00 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently supervisory authorities or by the bank's board of directors on account of financial difficulties. This by form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State 0 State bank O Trust company O Stock savings bank • O SKA Mutual savings bank O Private bank 1. Name of bank Nebraska State Savings Town or City Wahoo County Saunders 2. Date organized 3-18-1909 3. Federal reserve district Date suspended Ten ' 5-1'-3c Population of town or city* 2338 Member or nonmember of F R System__ Nonmemb o 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 Kirchman 6. Condition figures, as of (date*) 1.1.ay 10, 1930 Loans and discounts: On real estate Other 269 02.72 $ '1 NN, 4,854 29 . tt (Y) 14,618.75 Total loans and discounts Real estate acquired in satisfaction of debts Investments 1,762.76 All other resources 290,338.52 Total resources Capital 25,000.00 Surplus and undivided profits 11,231.76 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 124,595.32 Time deposits, including postal savings 119,588.99 $ 244,184 31 . Total deposits Borrowings from F. R. bank 9,598.85 Borrowings from other banks 323.60 All other liabilities 290,338.52 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 Payments from guaranty fund Total payments Per cent of payments to claims allowed Secured claims. . . . Preferred claims General claims. . . . Claims not zstablished tcdate, 6-30-30 . . Total claims 10. Has this bank been finally liquidated? Date liquidation was completed If so give: Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims.. . General claims Total claims 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 ,,aunder$ County Eational Failure of affiliated institution (Name)•'• • Bail k;• Vah 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? y 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 suspen19 sion? - 1929 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, 1930, ` 1L500.00 • 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 121 State bank • IJ Trust company • Stock savings bank E] Mutual savings bank NEBRASKA. El Private bank 1. Name of ban 2. Date organized Security State Bank 4-3-1912 3. Federal reserve district Date suspended Town or City 4-5-29 Ten .iakefie id 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 Dixon 1114 Nonmember 6. Condition figures, as of (date*) April 5, 1929 Loans and discounts: On real estate Other $ 258,921.90 Total loans and discounts 20,944.38 Real estate acquired in satisfaction of debts fe\ Investments 91,033.43 All other resources 370,899.71 Total resources 25,000.00 Capital 36,080.02 Surplus and undivided profits Deposits: 887.58 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 105,780.63 274;807.60 384475.81 Total deposits Borrowings from F. R. bank Borrowings from other banks 503.92 All other liabilities 370,891.71 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 .,-1mottnt 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 • Payments from guaranty fund --- None -_- Total payments Per cent of payments to claims allowed --- 46,722.09 --- 46,722.09 1,149.32 ..-- _-- -- 0. ..390,500.14 Total claims. _-- --- 46,722.09 11.96 Preferred claims 389,350.82 General claims. . . 11.99 Security State Bank, Wakefield, Nebr. "GOING BANK" PERIOD Liabilities November 21, 1927 to April 5, 1929 11-21-27 Deposits Bills Payable Other Liabilities Decrease Increase $569,007,01 43,303.00 298.72 Total $187,531.20 43,303.00 55.90 $612,608.73 Per Cent of Net Decrease $230,779.00 37.67 The net decrease in liabilities during the "going btknk" and receivership periods was 43.88 Or 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 enforcement of banking laws • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? YOS 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, .12:9 _02: 1 4.: 2 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP 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 E] State bank O Trust company O Stock savings bank O NEB RASKA Mutual savings bank O Private bank 1. Name of bank .;alton Farmers ec Msrchatants Bank Town or City 2. Date organized 2-20-1909 Date suspended 3. Federal reserve district Ten 4-14-1922 Population of town or city* 50 Member or nonmember of F. R System_ Nonme mb e r 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Ian on ster 6. Condition figures, as of (date*) April 15, 1922 Loans and discounts: On real estate Other $ Total loans and discounts 493143.13 Real estate acquired in satisfaction of debts 9,044.65 Investments 6,200.00 11,769.36 All other resources 76,157. Total resources 10,000.00 Capital 2,652.10 Surplus and undivided profits Deposits: 53.74 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 30,767.23 36,952.88 67,773.85 Total deposits Borrowings from F. R. bank Borrowings from other banks 1,035.99 All other liabilities 76,157.14 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, 1'130 (Amounts in dollars) Dividends paid from collections Claims allowed hone Secured claims 21,147.12 IM•.1. .1, 46 190• 00 , ••• 21,147.12 67,237.12 Total claims. Per cent of payments to claims allowed .M.OM WI ...WM.1 General claims Total payments OM .•..1 67,237.12 Preferred claims Payments from guaranty fund 10. Has this bank been finally liquidated? 46,190.00 67,237.12 M.ON ••• 67,237.12 100. .0* OM ...0 100. 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? Ye s If so, state what industry or type of agriculture Ge no ra1 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 otherwise, on the directors or stockholders either before or after the bank suspended? Ye s If so, give dates and amounts of all assessments Collection on stockholders liability — 1922 and 1923 192 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 500.00 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following ID National bank Name of State zi State bank Trust company • o Stock savings bank • Mutual savings bank o Nebras10-• Private bank 1. Name of bank_____Initini_State_liank__Town or City 2. Date organized 2-8-1 919 3. Federal reserve district Date suspended 10-14-30 Ten. Walton Population of town or city* 150 Member or nonmember of F. R. System_ffonmemb er 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Lancaster 6. Condition figures, as of (date*) August 30, 1930 (Last examinstion prior to suspension). Loans and discounts: On real estate Other Total loans and discounts $ 47,940.36 Real estate acquired in satisfaction of debts 8,663.39 Investments 7,863.00 17,871.91 All other resources 77,738.66 Total resources 15,0n0.00 Capital Deficit Surplus and undivided profits 301.18 Deposits: 482.43 Due to banks** Demand deposits, including U. S. Govt. deposits 33,299.26 Time deposits, including postal savings 26.246.36 $ Total deposits 60,028.05 Borrowings from F. R. bank Borrowings from other banks 2,500.00 111.79 All other liabilities 77,338.66 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 If so give payments to date: December 31, 1930. 9. Is this bank still in process of liquidation? Yes. (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Secured claims. .. . Agreeri ent _made by sto Preferred claims Total payments Per cent of payments to claims allowed No oa ments made to 1' 31-30. :AO de - . ay all credit f 1 General claims. . .. Total claims 10. Has this bank been finally liquidated? Date liquidation was completed If so give: Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims 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) Vo Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? YeR• If so, state what industry or type of agriculture General FarminR. What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1927-28 12. Were there any assessments, voluntary or 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 sus-oPnsion not determined. • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State State bank O Trust company O Stock savings bank O NEB IlkSKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Bank of Jateirloo 11-20-1905 3. Federal reserve district Date suspended Ten Town or City 6-19-1922 rate rloo 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 Douglas 431 Nonmember 6. Condition figures, as of (date*) June 19, 1922 Loans and discounts: On real estate Other 93,532.92 Total loans and discounts Real estate acquired in satisfaction of debts a\ r\ -- Investments 2,541.89 All other resources 7,341.25 103,416.06 Total resources 20,000.00 Capital 1,211.47 Surplus and undivided profits Deposits: Due to banks** 31 643.16 ; Demand deposits, including U. S. Govt. deposits 26,46 9.82 Time deposits, including postal savings 13,102.07 76,215.05 Total deposits 1••••• MOO Borrowings from F. R. bank 7,456.85 Borrowings from other banks 955.62 All other liabilities Total liabilities 7. Has this bank been reopened? 103,41, =.: )6 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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 Secured claims. 79 455•86 7,456.96 Preferred claims 75,396.42 36,913.20 .0 OM an Payments from guaranty fund Mb .N imb 38,493.22 am Mb ••• Mb .1..... General claims. . .. Total claims. . .. 32,853.23 44,370.06 10. Has this bank been finally liquidated? 38,483.22 Total payments Per cent of payments to claims allowed 7,456.'36 100. 75,396.42 100. dm 82,853.28 100. 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 X Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) Failure of large debtor (Name) .n. Other causes, (specify)...Deflati.- of..agricult:Aral..pri A . 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? 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 O National bank Name of State EJ State bank O Trust company O Stock savings bank • O NEBRASKA Mutual savings bank O Private bank 1. Name of bank Bank of 2. Date organized 8-21-1895 3. Federal reserve district riy Date suspended Town or City 1-23-1924 Ten ve rly Population of town or city* Lance.st en 334 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 estirxiate 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*) January 23, 1924 Loans and discounts: On real estate Other $ 196,031.92 Total loans and discounts Real estate acquired in satisfaction of debts 7,400.00 Investments 16,297.28 All other resources 219,729.20 Total resources Capital 15,000.00 Surplus and undivided profits 26,747.37 Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 9,812.50 69,980.35 135,055.35 213,848.20 Total deposits Oa.1 MD Borrowings from F. R. bank 15,260.68 Borrowings from other banks 2,367.69 All other liabilities 219,729.20 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 Y s 9. Is this bank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed 15,260.68 Preferred claims General claims. .. . ....... -......... 15,260.68 ,17,037.25 Secured claims Payments from guaranty fund 2,367.69 217,037.25 00 MN ••• olir N... Total payments Per cent of payments to claims allowed 15,260.68 100. 217,037.25 100. OD I. MM. 0. 234 665.62 , Total claims.. .. 15,260.68 10. Has this bank been finally liquidated? 217,037.25 232,297.93 99. 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 Ye s 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 suspen1921-1922 sion? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Ye 3 If so, give dates and amounts of all assessments Collections on stockholders liability http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis June 30, 1930 *500.00 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State in State bank fl Trust company O Stock savings bank • O Mutual savings bank NEBRASKA O Private bank 1. Name of bank 2. Date organized Wayside State Bank 31191 --') Date suspended Town or City 6-3-23 1ayside County 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 Dawes 125 Nonmember 6. Condition figures, as of (date*) June 3, 1023 Loans and discounts: On real estate Other $ Total loans and discounts 20,641.31 Real estate acquired in satisfaction of debts 4\ Investments 16.00 5,142.29 All other resources 25,800.10 Total resources 10 000.00 Capital 2,052.61 Surplus and undivided profits Deposits: 94.47 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 5.464.36 9,050.51 14,409.34 Total deposits Borrowings from F. R. bank 3,345.22 Borrowings from other banks All other liabilities 93.15 25,800.10 Total liabilities 7. lIas this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total s 9. Is this bank still in process of liquidation? If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed 3,345.22 Preferred claims General claims. .. 3,345.22 --... 14,505.97 Secured claims Dividends paid from collections 2,962.47 111 543*50 Per cent of payments to claims allowed Total payments 3,345.22 100. 14,505.97 100. --- 98.15 17,909.34 Total claims Payments from guaranty fund 6,307.69 11,543.50 O. 17,851.19 IT °I ),,Qr,3'i 10. Has this bank been finally liquidated? 99.51. _1. L/ 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) atiitcrexobtorcesgondent Vizun4. Agtf a7ric nil .prj.c 3 Failure of large debtor (Name) Other causes, (specify) Insufficient 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, cattle rad sing What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ? 1921-1122 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 $37.03 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP 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 fiti State bank L •• 0 Trust company O Stock savings bank • 0 Mutual savings bank Nebraska. O Private bank Town or City West Point 1. Name of bank__ Nebraska State_Bank 2. Date organized 6-25-1889 Date suspended 3. Federal reserve district 12-13-30 Ten. Population of town or city* 2002 Member or nonmember of F. R. Systemllmember 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 Gaming 6. Condition figures, as of (date*) December 12, 1930. Loans and discounts: On real estate Other Total loans and discounts 25A,683.23 Real estate acquired in satisfaction of debts 52,661.00 Investments r ) \` ? All other resources 61,787.50 38,384.60 409,516.33 Total resources Capital 30,000.00 Surplus and undivided profits 24,606.86 Deposits: Due to banks** 25.00 Demand deposits, including U. S. Govt. deposits 114,840.93 Time deposits, including postal savings 186.666.56 Total deposits $ 301,532.49 Borrowings from F. R. bank Borrowings from other banks 50,000.00 All other liabilities 3,376.98 Total liabilities 7. Has this bank been reopened? 409,516.33 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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) rom Ind Total payments Per cent of payments to claims allowed Payments from guaranty fund Total payments Per cent of payments to claims allowed kckt,St i (l'" Will probably be placed in hands of receiver. Not definitely settled. 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 1 1. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values • Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (Name) Failure of correspondent (Name) nf large riehtnr (N2me).M.qborke.gty. o.f forcer nuniagerpent 3r • 1 Other causes, (specify).PPP.,qto.d.cao.t..re.s.qrve Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry or agriculture? Yes. If so, state what industry or type of agriculture General. Farming. What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? 1921-22 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments Assessments -orior to susnensinn not detfi_rmi/IAA FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP 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 El Stock savings bank • O EBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Western State Bank 2-1-1917 3. Federal reserve district Date suspended .le stern Town or CityCounty C 3-20-1928 Ten Population of town or city* 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 Saline 427 Nonme ber 6. Condition figures, as of (date*) March 27, 1928 Loans and discounts: On real estate Other $ Total loans and discounts 36,310.51 2,483.55 Real estate acquired in satisfaction of debts 45\9 Investments 6,293.15 All other resources 45,087.21 Total resources Capital 20,000.00 Surplus and undivided profits 57,937.40 Deposits: 3,065,74. Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 20,529..97 44;265.33 $ Total deposits 67,861.04 Borrowings from F. R. bank •••••••••• Borrowings from other banks 15,163.57 All other liabilities 45,087.21 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to clainis Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 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 --- None Payments from guaranty fund --- Per cent of payments to claims allowed Total payments --- Secured claims 66,093.06 General claims 3,965.63 17,904.54 Preferred claims --,.. Total claims. ... 83,997.60 _ _ 3,965.63 1,321.90 5 287 53 , . --,.. --1,321.90 8.00 O. 6.29 5,287.53 J . :estern state Bank, western, Nebr. : "GOING BANK" PERIOD Liabilities March 1, 1926 to March 20, 1928 3-3--1926 Increase Decrease Deposits $146,948.93 Bills Payable (Secured) 8,550.00 Other Liabilities 871.85 Total Per cent of net decrease $79,087.89 8,550.00 14t 291.79 $156,370.78 $73,346.17 46.90 The net decrease during the "going bank" and receivership periods was 49.66 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 crldit 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 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? 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 Collection on stockholders liabi3ity 1928 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 4315,116.37 • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP 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 0 Trust company O Stock savings bank O NEBRASKA Mutual savings bank O Private bank 1. Name of bank 2. Date organized Farmors 1...nd Merchants 8-13-1906 3. Federal reserve district Town or City W eston 0 Date suspended 4-15-3 Ten County Saunders Population of town or city* Member or nonmember of F. R. System 372 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 Kirchmans Banks * Latest census 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*) April 1:5, 030 Loans and discounts: On real estate Other $ 119,114.50 Total loans and discounts 6,200.00 Real estate acquired in satisfaction of debts \)\ Investments 6,975.00 39,692.58 All other resources 191,982.08 Total resources 12,000.00 Capital 5,324.93 Surplus and undivided profits Deposits: 598.47 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 41,786.14 122,417.83 $ 164,802.44 Total deposits Borrowings from F. R. bank 9 619.06 , Borrowings from other banks 235.65 All other liabilities 191,982.08 Total liabilities 7. Has this bank been reopened? If so give: Date of reopening Name under ivhich reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, 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 'es 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 Payments from guaranty fund Total payments Per cent of payments to claims allowed - Claims not est, bushed at tlis date, 6-30 30. Preferred claims . , General claims. . . , Total claims 10. Has this bank been finally liquidated? If so give: Date liquidation was completed Collections: Erom 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 .a .under s County National Failure of affiliated institution (Name) Li.. Bank, 'u.aho0 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? Y0s 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 suspen1926 - 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 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 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 O Trust company O Stock savings bank O Mutual savings bank NEB RA SKA O Private bank 1. Name of bank_ 2. Date organized First State Bank -3-1. .1 1000 3. Federal reserve district Date suspended Ten Town or City 1-23-29 Innetoon Population of town or city* 220 Member or nonmember of F. R. System Nonme 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 Knox 6. Condition figures, as of (date*) January 23, 1929 Loans and discounts: On real estate Other 128,755.49 Total loans and discounts Real estate acquired in satisfaction of debts 23,497.60 \ 74\ ( ) Investments 10,392.25 All other resources 163,135.34 Total resources Capital 20,000.00 Surplus and undivided profits 61,547.53 Deposits: 70.08 Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 33,253.07 170,209.92 $ Total deposits 203,553.07 Borrowings from F. R. bank 41,.. - Borrowings from other banks 1,149.90 All other liabilities 163,135.34 Total liabilities 7. II as this bank been reopened? 406 If so give: Date of reopening Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 8. Has this bank been taken over by another bank? If so give: Name of bank by which taken over Date taken over Loss to depositors on: Per cent of loss to claims Amount of loss Secured claims Preferred claims General claims Total 9. Is this bank still in process of liquidation? Yes If so give payments to date: June 30, 1930 (Amounts in dollars) Claims allowed Secured claims. . .. Preferred claims --- 210,313.16 General claims. . .. 149.90 Total claims. . .. 210t 963•06 Dividends paid from collections — MO OM 8,478.11 Payments from guaranty fund Total payments OIM OOD WID Per cent of payments to claims allowed ...41M ea --- 8,478.11 --- 16,956.22 --_ 0. 8,473.11 8,478.11 16,956.22 8.03 2.04 First State Bank, Winnetoon., Nebr. "GOING BANK" PERIOD August 3, 1927 to January 23, 1929 8-.3-1927 Liabilities Increase Decrease Total 006,932.80 390.96 $103,379.73 758.94 $307,323.76 Deposits Other liabilities $102,620.79 Per cent of Net Decrease 33.39 The net decrease in liabilities during the "going bank" and receivership periods was 36.87 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) Def lation 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 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 ye bank suspended? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments 1929 — $1,000.00 • 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 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 • Trust company • Stock savings bank • El NEB RA3KA Mutual savings bank • Private bank Farme rs State Bank 1. Name of bankTown or City 2. Date organized 7-1-1913 Date suspended 3. Federal reserve district 11-7.-121 Ten Vanside 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 .ayne Nonme 48R mb er November 5, 1921 6. Condition figures, as of (date*) Loans and discounts: On real estate Other $ 516,757.69 Total loans and discounts Real estate acquired in satisfaction of debts Investments 15,373.06 All other resources 532,135.75 Total resources Capital 25,000.00 Surplus and undivided profits 21,320.99 Deposits: $ Due to banks** 713.62 Demand deposits, including U. S. Govt. deposits 101,064.78 Time deposits, including postal savings 324,704.06 $ 426,482.46 Total deposits Borrowings from F. R. bank 57,037.51 Borrowings from other banks 1,744.79 All other liabilities 532,135.75 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 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.. . 10. Has this bank been finally liquidated? Date liquidation was completed Ye s If so give: April 30, 1929 Collections: $ 436,794.76 From liquidation of assets From assessments on shareholders Cash rents $3524.48 ) Other collections (explain)IntP.r.e. ..rAcd.3.Q,733.a35 ) Refund income tax 1,581.92 ) Total collections 22,063.70 35,839.75 494,698.21 17,281.23 Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims 57/037•• 51 6909 049•40 General claims 9,933.11 Total claims 757,070.02 http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dividends paid from collections Payments from guaranty fund Total payments 57,087.51 --- 57,087.51 100. 430,290.32 259,759.08 690 049 40 9• 100. --487 9 377•83 --259,759.08 —.Mlle - 747,136.91 Per cent of payments to claims allowed 0. 98.68 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc • Insufficient diversification 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 atri cultural prices • Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry Ye a or agriculture? If so, state what industry or type of agriculture Gene rill fa min 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? Ye s Collections on stockholder http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments liability 1921-1'326 1v27 1923 -)6,363.170 . 4,500.00 11 200.00 (By judgment) $22,063.70 FEDERAL RESERVE COMMITTEE ON BRANCH, GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank 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 r`(-; Name of State Ea State bank O Trust company O Stock savings bank • DI Mutual savings bank NEBRASKA O Private bank Farmers State Bank 1. Name of bank_ 2. Date organized 3-27-138 3. Federal reserve district Date suspended re n Town or City 6-10-25 Volbach Population of town or city* Greeley 589 Member or nonmember of F. R. System Nonm9mber 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, 1926 Loans and discounts: On real estate Other 123,166.35 Total loans and discounts 40,483.75 Real estate acquired in satisfaction of debts \(a Investments All other resources 6,674.94 170,325.04 Total resources 20.000.00 Capital 32,920.18 Surplus and undivided profits Deposits: $ Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 1,256.97 18;473.51 1351 '152.30 $ Total deposits 154,882.78 Borrowings from F. R. bank Borrowings from other banks 28,362.44 All other liabilities 170,325.04 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 Preferred claims 145,525.33 --- 12,158.84 Payments from guaranty fund Total payments --- Per cent of payments to claims allowed -..- 1331 366 49 . 100. 145,525.33 ......... General claims. ... Total claims. Dividends paid from collections 0. 299548.65 175,074.18 12,153.34 133,366.49 145, . 525 33 83.12 Farmers State Bank, 'jolbach, Nebr. "GOING BANK" PERIOD Liabilities February 11, 1925 to June 10, 1926 Decrease Increase 2-11-25 Deposits Bills Payable Other Liabilities Total $180,431.06 35,125.68 1,875.13 $25,548.28 35;125.68 25,153.38 $217,432.47 $35,520.53 Per Cent of Net Decrease 16.33 The net decrease in liabilities during the "going bank" and receivership periods was 86.41 per cent. _ ________ Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis b LATLI all LT's.LAMA Tu Mt pay frILInS — 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 Ge nera1 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 liabil ity http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis 1926 $1,333.33 FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following O National bank Name of State O State bank 0 Trust company • O Stock savings bank O NEB Rk3KA. Mutual savings bank O Private bank Peoples State Bank 1. Name of bank_ 2. Date organized A-9-1914 3. Federal reserve district Date suspended Ten Town or City lolbach 8-5-29 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 Greeley 589 Nonmember 6. Condition figures, as of (date*) August 3, 1929 Loans and discounts: On real estate Other 272,288.63 Total loans and discounts Real estate acquired in satisfaction of debts 53,130.55 Investments 12,000.00 All other resources 14,046.72 351,515.90 Total resources 25,000.00 Capital 9,103.12 Surplus and undivided profits Deposits: 6,398.72 Due to banks** Demand deposits, including U. S. Govt. deposits 111,917.36 Time deposits, including postal savings 160,991.76 $ Total deposits 279,203.34 Borrowings from F. R. bank 31,017.59 Borrowings from other banks 186.85 All other liabilities 351,515.90 Total liabilities 7. Has this bank been reopened? Yes If so give: 1-1130 - Date of reopening Peoples State Dank Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Claims were not estiplished before reopening. Preferred claims There..was..an. 8.C.WritR—riown nf wise E-tzred rianngi fs General claims emnvp lindesimblA nszets. with_wIlich to purchasA ani , Total * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. PEOPLES STATE BANK, 70LBACH Amount Estimated Loss Per Cent of Estimated Loss to Depositors Estimated Loss On: Secured Deposits & Offsets Unsecured rePosits Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis t 17,185.14 262.022.60 t279,208.34 None t102._801.45 t102t 801.45 39.23 36.82 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 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) 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 (101'3.1 farming ie 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? http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis If so, give dates and amounts of all assessments • FEDERAL RESERVE COMMITTEE ON BRANCH. GROUP AND CHAIN BANKING BANK SUSPENSIONS SINCE JANUARY 1, 1921 • Report on a separate schedule each bank closed to the public either temporarily or permanently by supervisory authorities or by the bank's board of directors on account of financial difficulties. This form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other institutions. In case a bank has suspended more than once a schedule should be made out for each suspension. Type of bank reported—check appropriate one of the following • National bank Name of State T] State bank O Trust company • Stock savings bank fl Mutual savings bank NEBRASKA Li Private bank 1. Name of bank 2. Date organized State Bank of .:Tol 8-17-1914 3. Federal reserve district Date suspended Ten Town or Citybach'4o lb ach 2-11-1929 Population of town or city* Greeley 589 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 ty 6. Condition figures, as of (date*) February 11, 1929 Loans and discounts: On real estate Other 94,744.06 Total loans and discounts 75,419.18 Real estate acquired in satisfaction of debts • CI\ Investments 26,409.46 All other resources 196,572.70 Total resources 20,000.00 Capital 32,988.27 Surplus and undivided profits Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits Time deposits, including postal savings 25,212.64 184,192.07 $ Total deposits 209,404.71 Borrowings from F. R. bank Borrowings from other banks 156.26 All other liabilities 1.96,572.70 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: 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 •••••• A. Secured claims. . .. 216,387.56 Preferred claims General claims. . . . 47 3/ 355• Total claims. . .. 220,243.03 Dividends paid from collections Payments from guaranty fund AND Aft.. AND ON.. .•••• so Per cent of payments to claims allowed am.. OM 42,977.03 Total payments a.OW OW 42,977.08 --- 42 t 977w08 19.81 0. 42 t 977•08 19.51 State Bank of '::olbach, Ifolbach, Nebr. "GOIUG BANK# PERIOD August 12, 1927 to February 11, 1929 Liabilities 3-12-1027 Deposits Bills Payable (Secured) Other Liabilities Total Decrease 022,083.80 10,000.00 394.73 $'113,579.09 10,000.00 238.47 ;:3333,378.53 $1.23,817.56 Per cent of Net Deci-ease 37.14 The net decrease in liabilities during the "toing bank" and receivership periods was 46.82 per cent. 10.1111S illIO W Gll Secured claims Preferred claims General claims Total claims. .. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis k,.."11%.,..lal1l3 4 LAC!,t..44, kcy 5 /1.4•1,16 .,“,•••••••.• ..... .. .....• 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial 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) FaittyrexAAacgre:debtorymattioc li suse of funds . X. Deflation 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 General farming What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1q2l-1922 sion? 12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the bank suspended? Yes June 30, 1930 •3.2E3 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 State bank O Trust company O Stock savings bank • O I'IEBRASKA Mutual savings bank O Private bank 1. Name of bank Farmer s and lierchants Bank 2. Date organized 10-31-1910 3. Federal reserve district Date suspended Ten Town or City 3-15-30 1 *Zymore . Population of town or city* Member or nonmember of F. R. System__ N 4. Number of branches operated: In city of parent bank Outside city of parent bank** 5. Was this bank a member of a chain or group? If so give the name of the chain or group * Latest census figures or estimate as shown in bankers' directory. ** Attach a list giving the name and location of each outside branch at time of suspension. http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis County Gage 2592 °member 6. Condition figures, as of (date*) r.lar c la 15, 1930 Loans and discounts: On real estate Other $ 133,555.89 Total loans and discounts / Real estate acquired in satisfaction of debts 8,976.79 \ Investments 30,526.16 36,331.23 All other resources 209,390.27 Total resources 35. 000.00 , Capital 83.27 Surplus and undivided profits Deposits: $ Due to banks** 2,303.83 Demand deposits, including U. S. Govt. deposits 79,416.26 Time deposits, including postal savings 92,629.82 $ 174,351.91 Total deposits Borrowings from F. R. bank Borrowings from other banks 121.63 All other liabilities 209,390.27 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 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? , Payments from guaranty fund Total payments Per cent of payments to claims allowed None Preferred claims If so give payments to date: June 30, 1930 (Amounts in dollars) Dividends paid from collections Claims allowed Secured claims Yes 147,683.77 121.63 General claims 146,005.40 Al]. elpans not estab1is4d to date, 6-30-30. 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) i Ceneral 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 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 Prior assessments 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 O National bank lcIII State bank ;39 Name of State O Trust company O Stock savings bank • O I\ZBRASKA Mutual savings bank O Private bank American State dank 1. Name of bank 2. Date organized 5-13-1905 3. Federal reserve district Date suspended Ten 11-18-29 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 York York _Town or City 5333 Nonmember November 18, 1929 6. Condition figures, as of (date*) Loans and discounts: On real estate Other 727,811.85 Total loans and discounts Real estate acquired in satisfaction of debts 40,930.00 Investments 36,535.00 All other resources 32,342.20 • 88'7,569.05 Total resources 50,000.00 Capital 31,196.03 Surplus and undivided profits Deposits: $ Due to banks** 36,799.05 Demand deposits, including U. S. Govt. deposits 208,856.66 Time deposits, including postal savings 527,781.98 '773,437.69 Total deposits • 4W IMO .011 Borrowings from F. R. bank 29,914.38 Borrowings from other banks 3,220.95 All other liabilities 887,669.05 Total liabilities Yes 7. Has this bank been reopened? If so give: 3-3-30 Date of reopening Bank of Commerce Name under which reopened Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Claims were not e#ablished before reopening. Preferred claims There was a 60'/) write-down of unsecured deposits General claims with which to purchase and remove undesirable Total asaats. * Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension. ** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding. — AVERICAN STATE :BANK, Y071C Amount Estimnted Loss Per Cent of Estimated Lass to Depositors Estimated Lose On: Secured DePosits & Offsets Unsecured Depo4its Total http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis $ 48,051.69 72,386.00 tintELla. None t238,406.38 2338 MED 32.87 30.82 If so give: 8. Has this bank been taken over by another bank? Name of bank by which taken over Date taken over Loss to depositors on: Amount of loss Per cent of loss to claims Secured claims Preferred claims General claims Total If so give payments to date: 9. Is this bank still in process of liquidation? (Amounts in dollars) Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Secured claims. .. . Per cent of payments to claims allowed — Preferred claims.. . General claims. . . . Total claims. . .. If so give: 10. Has this bank been finally liquidated? Date liquidation was completed Collections: From liquidation of assets From assessments on shareholders Other collections (explain) Total collections Offsets to claims (loans paid, etc.) Payments to depositors: (Amounts in dollars) Claims allowed Secured claims Preferred claims General claims Total claims http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis Dividends paid from collections Payments from guaranty fund Total payments Per cent of payments to claims allowed 11. Causes of suspension: Check in the appropriate column those of the following which apply, either as primary or contributing causes, amplifying the indicated causes with such supplementary data as may be available. Primary cause Contributing cause Decline in real estate values Losses due to unforeseen agricultural or industrial disasters such as floods, drouth, boll weevil, etc Insufficient diversification Incompetent management, i.e., poor credit judgment, laxity in collections, lack of enterprise, etc Defalcation Heavy withdrawals of deposits Failure of affiliated institution (NamePant= of Polk, Polk, 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 Ye s 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? 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 National bank Name of State 0 State bank O Trust company O Stock savings bank O Mutual savings bank NEBRASKA O Private bank ars State Bank 1. Name of bank__Frme 2. Date organized 1-14-1916 3. Federal reserve district Date suspended Town or City 5-11-28 Ten York 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. \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 York 5388 Nonmember 6. Condition figures, as of (date*) Ya.y 11, ]))28 Loans and discounts: On real estate Other Total loans and discounts $ 58 096.94 ° 48,356.67 Real estate acquired in satisfaction of debts Investments 49,255.83 All other resources 155,709.44 Total resources Capital 50,000.00 Surplus and undivided profits 27,370.35 Deposits: Due to banks** Demand deposits, including U. S. Govt. deposits 37;544.64 Time deposits, including postal savings 95 962.79 , 133,507.43 Total deposits Borrowings from F. R. bank Borrowings from other banks 72.36 All other liabilities 155,709.44 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? Claims allowed Secured claims. .. . Preferred claims N If so give payments to date: (Amounts in dollars) Dividends paid from collections _A. one Payments from guaranty fund June 30, 1930 Total payments 13,588.64 -__ --- 13 588.64 Total claims. ..137,085.40 -__ -_- 633.93 Per cent of payments to claims allowed .141.1. 13,588.64 136,451.47 General claims. . . Yes --- 13,588.64 9.95 O. 9.91 Farmers State Bank, York, Nebr. "GOING BANK" PERIOD December 16, 1926 to /11Sy 11,.1928 12-16-26 Liabilities Decrease Deposits Bills Payable uther Liabilities *172,536.94 10,230.90 429.45 $39,029.51 10,230,90 357.09 Total $183,197.29 $49,617.50 Per Cent of Net Decrease 27.08 The net decrease in liabilities during the "going bank" and receivership periods was 32.58 per cent. Claims allowed Dividends paid from collections Payments from guaranty fund Total payments Secured claims Preferred claims General claims Total clainis. . http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis ----. 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 suspen1921-22 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 lio If so, give dates and amounts of all assessments http://fraser.stlouisfed.org Federal Reserve Bank of St. Louis
@FedFRASER