Full text of Records of the Federal Reserve System, Record Group 82 : Committee on Branch Group & Chain Banking: Bank Suspensions Since Jan. 1, 1921, Nonmember State Banks Nevada A-New York Z, Box 1832, Folder 1

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Federal Reserve Bank of St. Louis

421.11-6 - Bank Suspensions Since an 1 1921
Nonmember State Banks Nevada A-New York 2-,
Committee on Branch Group & Chain Banking

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O

National bank
Name of State

V] State bank

O

Trust company

O Stock savings bank
O

Mutual savings bank

NE VADA

O Private bank

1. Name of bank

Douglas County Farmers Bank Town or City Gardnerville

County

2. Date organized l'ay 24, 1909 Date suspended Sept. 22,1928,
-ropulation of town or city*

3. Federal reserve district

12th

4. Number of branches operated: In city of parent bank

1011

Nonmember
Member or nonmember of F R System__

•

Outside city of parent bank**

None

None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


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Federal Reserve Bank of St. Louis

Douglas

No

Sept 22, 1/928

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other

Total loans and discounts. Segregation not available

$ 162,367.01
22,806.39

Real estate acquired in satisfaction of debts

3,125.00

5).2—

Investments

22,827.29

All other resources

211,125.69

Total resources
Capital

50,000.00

Surplus and undivided profits

11,286.56

Deposits:
8,199.10

Due to banks**
Demand deposits, including U. S. Govt. deposits

91,869.12

Time deposits, including postal savings

45,651.62
$ 145,719.84

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

4,119.29

All other liabilities
Total liabilities

7. Has this bank been reopened?
Date of reopening

211 12589
yes

If so give:

Oct 1, 1928

Name under which reopened
Loss to depositors on:

Douglas County Farmers Bank
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

none

* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


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Federal Reserve Bank of St. Louis

8. Has this bank been taken over by another bank?

lto

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
No

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. ...
Preferred claims...

_

General claims. ...
Total claims. . . .
•
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. .


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Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

no

If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

1922

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


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Federal Reserve Bank of St. Louis

no

If so, give dates and amounts of all assessments

fir

k DEHAL RESE.INE BANK OF 13AN

FnAsotsco

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following

O National bank
Name of State

State bank
▪ Trust company

O Stock savings bank
NEVADA

E] Mutual savings bank

D Private bank

1. Name of bank

Washoe County Bank

2. Date organized Nov.26,1895

3. Federal reserve district

Town or City

Reno

,iashoe

Date suspended July 5,1929 Population of town or city*____,18 500

12th

Member or nonmember of F. R. System_Nonmembe_r_

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

None

None

5. Was this bank a member of-a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


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Federal Reserve Bank of St. Louis

County

No

July 3, 1929 (Close of business)

6. Condition figures, as of (date*)
Loans and discounts:

On real estataPgi:qVI:t.1,91;1. rip-4

ctvailable

Other
$ 2,352,569.41

Total loans and discounts
Real estate acquired in satisfaction of debts
Investments

350,481.65
779,711.70*

.--2.EV
3,

869,547.86

All other resources

4,352,310.62
Total resource .....
........ .............
*Includes $400,000 or a livestock company s bonds partly in default as to
princip
.and two years in default as to interest which were taken in place of an
old loa apital
b00,000.00
125,815.96
Surplus and undivided profits
Deposits:
$

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

36,984.57
925,567.72

2,545,570.22
$ 3,508,122.51

Total deposits
Borrowings from F. R. bank

216,000.00

Borrowings from other banks

2,372.15

All other liabilities

4,352,310.62

Total liabilities

7. Has this bank been reopened?

No

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


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Federal Reserve Bank of St. Louis

8. Has this bank been taken over by another bank?

yes

If so give:

Name of bank by which taken over United Yevada Bank (Organized for the purpose)
Datetakeilover

August 15, 1929

Loss to depositors on:
Amount of loss
none

Secured claims

Per cent of loss
to claims

none
Preferred claims
75 made immediately available, balance paid in stock of a realizaclaition corporation wlich is in process of liquidation but has, to date,
ms
General
paid no dividenas.
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims... .
Preferred claims...
General claims.
Total claims.. ..

.

10. Has this bank been finally liquidated? _..na

If so give:
See above

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. . . .


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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)Payment of unwarranted dividends and
failure to make assessmemt which had been recommended
by this department but could not be enforced under
Nevada con.stitution
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

•

s

If so, state what industry or type of agriculture

Livestock

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

1922

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


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Federal Reserve Bank of St. Louis

no

If so, give dates and amounts of all assessments

•

-t DERAL Fiat;EiNE1AI4K t

1414 FRANthEiGt.:3

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O National bank
Name of State

[2 State bank
O Trust company
O Stock savings bank
O Mutual savings bank

NEVADA

O Private bank

1. Name of ban

Bank of Wells

Town or City

Wells

County

2. Date organized Jan. 10, 1912 Date suspended Jan 7, 1922 Population of town or city*

3. Federal reserve district

12

Member or nonmember of F. R. System__

4. Number of branches operated: In city of parent ban

Outside city of parent bank**

400

No

None
None

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


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Federal Reserve Bank of St. Louis

Elko

No

6. Condition figures, as of (date*)

January 7, 1922

Loans and discounts:
On real estate
Other
$ 120,735.21

Total loans and discounts. ..Segregation..not. available

11,812.37

Real estate acquired in satisfaction of debts
Investments

700.00

)
1
-

All other resources

42.922.81
176,170.30

Total resources

50,000.00

Capital

1,400.00

Surplus and undivided profits
Deposits:
355.69

Due to banks**
Demand deposits, including U. S. Govt. deposits

54,435-83

Time deposits, including postal savings

27,353.47
$

Total deposits

82,144.99

Borrowings from F. R. bank
23,050.00

Borrowings from other banks

1,575.40

All other liabilities

176,170.39

Total liabilities

7. Has this bank been reopened?
Date of reopening

If so give:

April 3, 1922

Name under which reopened
Loss to depositors on:

yes

Wells State Bank
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

none

* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


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Federal Reserve Bank of St. Louis

If so give:

S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. . .
Preferred claims...
•

General claims. . . .
Total claims.. . .

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims
General claims
Total claims


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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

and livestock values

Decline in real estate values

Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in 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

41),

yes

or agriculture?

If so, state what industry or type of agriculture

Livestock rai sing

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Presumablv about 1920

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


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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
0 National bank
O State bank

2 Trust company
O Stock savings bank
O

Mutual savings bank

O Private bank

•
fZ- 4

1. Name of bank

2. Date organized

c9(3

3. Federal reserve district

Town or City

Date suspended

f

Q (1 2-- &--. 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**

clili\-1/0z,

(1)-4-1/L5L

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


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Federal Reserve Bank of St. Louis

County

7

6. Condition figures, as of (date)
Loans and discounts:
$

On real estate
Other

$

Total loans and discounts

ftf

2. , I 7

7.

Real estate acquired in satisfaction of debts
44
1

Investments

7,5: /9.3

All other resources
1:1 81-A6(

Total resources
Capital

12 O

Surplus and undivided profits
Deposits:
Cf

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings - 3

\

1
0,76t C1

Total deposits
Borrowings from F. R. bank

•

Borrowings from other banks
All other liabilities
Total liabilities
7. lIas this bank been reopened? 1A13

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


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Federal Reserve Bank of St. Louis

S. Has this bank been taken over by another bank? (k0

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?

4. C

If so give payments to date:

Vf3,

(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...
lp.,,,.....t.:.¢..Da-.
ii1, I C g.
General
S
1
i 1, (
..1
Total claims.

0i
15-

0
..

, )4-

•

Ll [ ,(4

6D,.11-

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Secured claims. . . .
,

Preferred claims
General claims. . . .
Total claims


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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, lettit-y-i-H-eelleetten• s,
leek-ei-enterpviser-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 fepresent largely one particular type of industry

lip

or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?


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Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

C
2S-7,es

cs

„.m.4

vc,

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. Incase a bank 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
te bank

ge

Trust company

O Stock savings bank
O

Mutual savings bank

O Private bank

•
a Town or City I t)
0
4
2_____Z L-44:tt 1)1"
1. Name of bA
9
2. Date organized

yc,

3. Federal reserve district

216

Date suspende

Population of town or city*

Member or nonmember of F. R. System)
4---021277•14A46.7

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.


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Federal Reserve Bank of St. Louis

County

6. Condition figures, as of (date*)
Loans and discounts:

1)17
ir; 7gL7

$

On real estate
Other

it

g 7 7,4

Total loans and discounts
0

Real estate acquired in satisfaction of debts

4Lg

14-

31,7

'
"? 10,/e-A4

Investments

Z,I / 3 / 3

All other resources

s

Total resources
/

Capital

b 0 O.

Li

Surplus and undivided profits

°

y 7 t,tP

Deposits:
Due to banks**

$

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

14 flo.

/ 9 .3

3 ,rS

3 SJ- -2-

o

0', 1 11

Total deposits

— 0—

Borrowings from F. R. bank

—

Borrowings from other banks

-I,-

All other liabilities

1

2- 3

7.ci .1. tgl

Total liabilities

7. Has this bank been reopened?

2-

g

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


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Federal Reserve Bank of St. Louis

t
8. Has this bank been taken over by another bink?
Name of bank

If so give:

h taken over

Date taken ov
Loss to deposito

Per cent of lo
to claim

on:

Secured clai s
Preferred clain
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. ...
Preferred claims.. .
General claims. ..
Total claims. ..

ID

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)

•

Claims allowed

Secured claims
Preferred claims
General claims. .
Total claims


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
A//rfr

Failure of correspondent (Name)
Failure of large debtor (Name)

'
1./1
•

Other causes, (specify).71/‘.....

A, A"'Did the slow, doubt
'
\11.11..1or worthless paper held by the bank represent lar e y one particular type of industry

ap

or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

tir

'

,
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

Lt.;

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
El

National bank

E] State bank
1EKI'rust company

LI Stock savings bank
[11

Mutual savings bank
Private bank

•

•
1. Name of bank___

2. Date organize

Town or City

4(

)-D /

County

Population of town or city*

Date suspendV

Member or nonmember of F. R. Syste

3. Federal reserve district ---

4. Number of branches operated: In city of parent bank

11
"
1774-A-->

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

ILD

"
1 -

6. Condition figures, as of (date*)
Loans and discounts:
$

On real estate

3 o "2- o
J

Other

)-

.

g

/.

Total loans and discounts

72-.341 g.

Real estate acquired in satisfaction of debts

0

KInvestm

3 0.

7-71.1Y 4.

All other resources

7 /1.
..
0 0.0

2-..r7 3.

Total resources
Capital
Surplus and undivided profits
Deposits:
Due to banks**

$

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

/ 2-(0 /,

g 7 I.7L
/, /

4,

- Lim

1.

C.
$ 2, 0

Total deposits

3 7,,
r/

Borrowings from F. R. bank

3

Borrowings from other banks

3.1_1,s"

All other liabilities
1-

Total liabilities

7. Has this bank been reopened?

- 3.71-,7

If so give:

Date of reopening
Name under which reopene
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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?
Name of bank by which taken

If so give:

er

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? dit

(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

Dividends paid from
collections

Payments from
guaranty fund

Secured claims. . . .
Preferred claims
General claims.
Total claims. . . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

,

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such su‘pplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Othe

uses, (specify)
N
•3
(

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry

•

or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

^

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
El National bank

Name of State

Er State bank
O Trust company
O Stock savings bank
• Mutual savings bank
O Private bank

1. Name of bank ika

2. Date organized

49-,-12, Town or City
Date suspended

3. Federal reserve district

°

(1

County

)-•3 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**

7t-o

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

•4

g 50

2

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other

/

Total loans and discounts
Real estate acquired in satisfaction of debts

3 7, 0 3.

Investments

340. )-3

All other resources
6,

Total resources

76. Go 3

30,000.00

Capital
Surplus and undivided profits

, 000. 00

Deposits:
Due to banks**

S

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

1,44- 7-7.36

ly 19 v. --y -y
4,, ›-.5-9.
$

Total deposits

JS 79'

Borrowings from F. R. bank
/c5,0/30, oo

Borrowings from other banks

S, o

All other liabilities

10, 97o. (9,

Total liabilities

7. Has this bank been reopened?

1 17/--0

frt_o.

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' 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:

r

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? 0/10
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims.
General claims..
Total claims. ...

10. Has this bank been finally liquidated?
Date liquidation was completed

// -

If so give:
—

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

secured claims. .. .
Preferred claims
General claims.
Total claims....


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

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

31
Name of State

• State bank
• Trust company
El Stock savings bank
• Mutual savings bank
• Private bank

•
2. Date organized -5-- 3

County

Town or City

1. Name of bank

'Y Date suspended

3. Federal reserve district

0 - - >-3 Population of town or city*

Member or nonmember of F. R. Syste

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

17Z

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts

3(?) 4.-/ 0 /./4/

$

3-1)
, 3 7. 7

Real estate acquired in satisfaction of debts
Investments

o

bo

All other resources

S'

5 C• sv,

Total resources
Capital

000, 00

S,

Surplus and undivided profits
Deposits:
/) 4 76F .98

Due to banks**

5

Demand deposits, including U. S. Govt. deposits

-›- 0

Time deposits, including postal savings

/ 0 4/--, At V o • 4f_

`,L- 7,

70

-y)4L

$

Total deposits

14-1,

Borrowings from F. R. bank

it 7,9,3'8.57

Borrowings from other banks

6, 998.

All other liabilities

.3--6

Total liabilities

7. IIas this bank been reopened?

7
-rt>

v

4-33, ?/f

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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

it

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
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims.
Preferred claims...
General claims. .
Total claims.. ..

10. Has this bank been finally liquidated?
/

Date liquidation was completed

If so give:
o - >7
-

Collections:
From liquidation of assets
From assessments on shareholders....
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Secured claims....
Preferred claims...
General claims. ...
Total claims. . . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

____

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry

Op

or agriculture?
If so, state what in

s ry 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?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
0 National bank
Name of State

El/ State bank
El Trust company
O Stock savings bank
O

Mutual savings bank

"`A
"

O Private bank

•
4-*-----L-drv Town or City

1. Name of bank

2. Date organized

- -3 - /6 Date suspended

3. Federal reserve district

°

/(

County

Population of town or city*

lieEalw at- 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

Zo

6. Condition figures, as of (date)

/6 -

- 23

Loans and discounts:
On real estate
Other
/ 7.

Total loans and discounts

7 7.

7

Real estate acquired in satisfaction of debts

Lk/i cto 5`.

Investments
All other resources

90, 7$- i. 6.-7

Total resources
Capital

7, .5- o

Surplus and undivided profits

oo

Deposits:
Due to banks**

s

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

4.1- 411.9 /
7

66-",5 /
/,

-y 9 6
$

Total deposits

, 0 7,

s f.,p

Borrowings from F. R. bank
Borrowings from other banks

1,q0, 735-. 00

All other liabilities

/.,4 (r, 7 7 3
9 0, 75- /. 57

Total liabilities

7. Das 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:

n r.

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?

mounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims.. .
General claims.. . .
Total claims. .

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims. .
Preferred claims
General claims. . . .
Total claims.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or w rthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state wha

dustry 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?


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

fl National bank

14
Name of State

O State bank
Trust company

LI Stock savings bank
O

Mutual savings bank

77-r-t-5/

O Private bank

•
Town or City

1. Name of bank

2. Date organized

- '3- 0 6 Date suspended ?- - "?' -

3. Federal reserve district

/0

County

4- 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

fr-Lo

6. Condition figures, as of (date*)

#2`7

Loans and discounts:
On real estate
Other
G 9 / • 09

Total loans and discounts

)-,eY , 7' 7 • /7

Real estate acquired in satisfaction of debts

5(0, 397.1?

Investments

5j

All other resources

,o

,

,

Total resources

35,000.00

Capital

7 ,00,b0

Surplus and undivided profits
Deposits:
/ 4,-5- •

Due to banks**

AL 44

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

,L, /)/
IS, gq,

Total deposits
Borrowings from F. R. bank

>*,3/,/,37

Borrowings from other banks

Y, 26

All other liabilities

)41, /9

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?

rur

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

Amounts in dollars)
Claims allowed

Secured

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

claims

Preferred claims
General claims. . . .
Total claims. . . .

10. Has this bank been finally liquidated? ___4)-ks2._ If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims...
General claims. . . .
Total claims. ...


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?

//(,

If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

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

0/ State bank
• Trust company
O Stock savings bank
El

Mutual savings bank

• Private bank

•
1. Name of bank

2. Date organized

40,-k

3

3-

3. Federal reserve district

- 95- Date suspended

Town or City

6-

/

*)--6-

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

)20

/

Z—/-

6. Condition figures, as of (date*)

s--

Loans and discounts:
On real estate
Other
$

Total loans and discounts

74

2,57, gg

Real estate acquired in satisfaction of debts
\,\\
Investments
t o,

All other resources
Total resources

6- 0

S

Capital

30,73

6d,

0
,000. 00

7} , ef

Surplus and undivided profits
Deposits:
3, 09/. 7/

Due to banks**

96

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

ov

> S5-i 3
$

Total deposits

2- .S",

79,

Borrowings from F. R. bank
/ 5-4A / 75:05—

Borrowings from other banks

Co , 92 L. 7 o

All other liabilities

se) Y, 44,8.8

Total liabilities

7. Has this bank been reopened?

?A

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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
If so give payments to date:

9. Is this bank still in process of liquidation?

mounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
•

Preferred claims...
General claims.. . .
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)

oti,4.46.4

1.0-re4a
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry

41)

or agriculture?

fri

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?


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
authorities or by the bank's board of directors on account of financial difficulties. This
supervisory
by
not
be used for merged or consolidated banks but should be used for those banks susshould
form
pended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
3e

0 National bank

Name of State

Er State bank
O Trust company
O Stock savings bank
1:1

Mutual savings bank

"717s-c_c)-

O Private bank

1
140-c.-,-,
,-e Town or City

1. Name of bank jr-t-

2. Date organized

6-

3. Federal reserve district

-

5-

Date suspended 3 - >8- 7-3 Population of town or city*

o

Member or nonmember of F. R. System

4. Number of branches operated: In city of parent bank
Outside city of parent bank**

"z.. /to--

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

62 0

3-

6. Condition figures, as of (date)

-

Loans and discounts:
On real estate
Other
Total loans and discounts

0
/

'7 / ->/

7o

k

00

Real estate acquired in satisfaction of debts

.5;

Investments

6, 1-

All other resources

5;61/-3 4/
/54, 3/

Total resources
Capital

3

.

o 0 0 • 0 e

43,

Surplus and undivided profits

3s

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

1,4

/'V.
0 "V

o,

4.5-,(3)
59,

Total deposits

.

7/

Borrowings from F. R. bank
5_I, c31./

Borrowings from other banks
All other liabilities

s

Total liabilities

7. Has this bank been reopened?

)1--6

3

a,

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so give:

S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

Amounts in dollars)

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims.
Preferred claims
General claims
Total claims. ..

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)

;-3,31 srL4

Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims

a coe,,

Preferred claims..

1,6 3.37

General claims

a',74,2 ,o0

Total claims

41 -.17/.17
'


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

Total payments

41 0co co ,
'V 4 3. 3

Per cent of payments
to claims allowed

tc!'0 fe,

7

/Ca 7.

/ ;- siZ L‘,f7

j 74
7-7- 7
E ,4,
'4
/8,'
,

',-:' n . I

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what indust

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?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
0 National bank
2
/ State bank
0 Trust company
El

Stock savings bank

D Mutual savings bank
0 Private bank

•
Town or City

1. Name of ban

2. Date organized /—

O —07

Date suspended / 1L

Population of town or city*

.33.3

Member or nonmember of F. R.System____

3. Federal reserve district

4. Number of branches operated: In city of parent ban

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

County

6. Condition figures, as of (date*)

1- 1Z-

Loans and discounts:
On real estate
Other

4, 3

$

Total loans and discounts

7

Real estate acquired in satisfaction of debts

/7
) 477

Investments

33

All other resources
/

j_Sti

Total resources

10

Capital
1,

Surplus and undivided profits

1J7.

Deposits:
Due to banks**

417, 75
It, 27. g‘

$

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

1_51,76
$ 167/ 4

Total deposits
Borrowings from F. R. bank

17

Borrowings from other banks

3-21.

All other liabilities

/s-4
,6 4/

Total liabilities

7. Has this bank been reopened?

7
1-c)-

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so give:

8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

mounts in dollars)
Claims allowed

......

Dividends paid from
collections

Payments from
guaranty fund

Total payments

/n o 7

v
/F 7--Ytr,IrT,'V'V4i:ti
Secured claims.
ca...—.....A.
Preferred claims... /4)/,•/"V A(o / , V--7.-General claims....

7v, /7z,45

/00

70
7°

cfr 4,Z

v

per cent of payments
to claims allowed

‘01,0

Total claims.. .. /41 41110

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)

,et%411 dA4.04-12,-.4

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what jdustry 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?


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

Ey

State bank

O Trust company
O Stock savings bank
0 Mutual savings bank
O Private bank

•
1. Name of bank

2. Date organized ;2 / 4

3. Federal reserve district

own or City

Date suspended —2-

/

---- 22

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

3

6. Condition figures, as of (date*)

c,2 — 2-2

Loans and discounts:
On real estate

$

Other
$

Total loans and discounts

7,3

9,

Real estate acquired in satisfaction of debts
Investments
36-t, /7

All other resources
Total resources

COO- Co

Capital

,)-00 .

Surplus and undivided profits
Deposits:
$

Due to banks**
Demand deposits, including U. S. Govt. deposits

gito• 1.3

d

Time deposits, including postal savings

3,5; /.7

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

(/ /7/tt a 00

All other liabilities

/

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 susperisiNn.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

S. IIas this bank been taken over by another bank? --7-211--- If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims.. .
General claims.
Total claims.

___

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims...
General claims
Total claims. . . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry

•

or agriculture?
If so, state what i

s ry or type of agriculture

-r

c--m -1 -?

r
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following

O National bank

Name of State

Ej/ State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

O Private bank

•
1. Name of bank

2. Date organized

Town or City

5--'

3. Federal reserve district

7 Date suspended

/ -

•-te— I (

÷/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**

/1 0 14.-c_

•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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*)
Loans and discounts:
On real estate
Other

8,

$

Total loans and discounts

bcr

o 9 7/ • 23

Real estate acquired in satisfaction of debts

.2- 3, 9

Investments

o

All other resources
5- 79,

Total resources

q
• 6 -Y
V.01

So, boo, oo

Capital

9, 5-00, 00

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

,

07. qb
j2, r2j)

$

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

?-, .930,7/

All other liabilities

S7qa-y-y.og

Total liabilities

7. has this bank been reopened?

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so give:

S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per dent 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:

7//
7/

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payment:
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims..
General claims
Total claims.

10. Has this bank been finally liquidated?
Date liquidation was completed

6a

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

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in 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 inc

try 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?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

0.

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of. bank reported—check
appropriate one of the following
El National bank
Name of State

State bank

LI Trust company
• Stock savings bank

22-u<4

LI Mutual savings bank
• Private bank

•
1. Name of bank

2. Date organized

3. Federal reserve district

Town or City -LL,

g-

/7

Date suspended

1

-7

Population of town or city*

Member or nonmember of F. R System_

4. Number of branches operated: In city of parent bank

4

Outside city of parent bank**

•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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 "t/--f--

oo

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts

`"),/ ,

7

87-0,00

Real estate acquired in satisfaction of debts
Investments

i,r;
-3 37,

3, 13/0.97

All other resources
Total resources

/

7?,

Capital

000.00

Surplus and undivided profits

bgo,

Deposits:
Due to banks**

/o, 0 7 6 , 93

Demand deposits, including U. S. Govt. deposits

65, ci

Time deposits, including postal savings

.

7, 3 4/4/. a

Total deposits
Borrowings from F. R. bank
go 1.02_

Borrowings from other banks

, 59 )/.6"1:,

All other liabilities

3 R, 7 7 7, 44

Total liabilities

7. Has this bank been reopened?

91-0

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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

ri--0

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 clainis

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

ounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

_

Secured claims....
Preferred claims..
General claims. . .
Total claims. ..

10. Has this bank been finally liquidated?
Date liquidation was completed

If so give:

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims
General claims. . .
Total claims


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what

ustry 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?


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

22

El National bank

Name of State

B' State bank
Trust company
D Stock savings bank

El Mutual savings bank
1=1 Private bank

•
)-t-t 441--A Town or City0 • L--,1A--)-•-e^/ County

1. Name of bank 9L•

2. Date organized

7 Date suspended •4->/-)
-- 7 Population of town or city*

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

*›- 0 e)

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
5- 5, .ct-0 7 .417

Total loans and discounts

/5-,

Real estate acquired in satisfaction of debts

>0. o 0

Investments
All other resources

,c) a, &So. 2/

Total resources

oo o• oo

Capital
Surplus and undivided profits
Deposits:
3

Due to banks**
Demand deposits, including U. S. Govt. deposits

5/. 01/

56.

. 41-

7 33

Time deposits, including postal savings

5-9, 606.3S

Total deposits
Borrowings from F. R. bank

it Of °•°°

Borrowings from other banks
All other liabilities

/04 6,80.S7/

Total liabilities

7. Has this bank been reopened?

/VP

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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

rc

8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

If so give payments to date:
(Amounts in dollars)

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims...
General claims. . . .
Total claims. ...

."
.
/./
10. Has this bank been finally liquidated?/

If so give:

Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims..
General claims
Total claims.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry

4110

or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

/

/

-z. r,

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
Ej2r
T ational

bank
Name of State

L( State

bank

O Trust company
O Stock savings bank
O

Mutual savings bank

g

.
9'92.0.-A,Z.

O Private bank

•
Town or City

1. Name of bank

2. Date organized

—

3. Federal reserve district

Date suspended `
1 .>"

County 22 -51

C Population of town or city*

Member or nonmember of F. R System

/0

4. Number of branches operated: In city of parent bank

fi

Outside city of parent bank**

•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

11-D

9

- a s-

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other

$

Total loans and discounts
Real estate acquired in satisfaction of debts

\,\1

Investments

/I

al, to 9
7

All other resources

5-8 1,1-, qo

Total resources

• Do
.g3
/5--

e90, 0 00. DO

Capital

Surplus and undivided profits
Deposits:
.

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

AS0, 3,PS bv
10, 7 /AA, c3

Total deposits
Borrowings from F. R. bank
c)-/.57

Borrowings from other banks

2-0# /510.-CY

All other liabilities
Total liabilities

7. Has this bank been reopened?

Ifci

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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

riD

8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

mounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims...
General claims
Total claims....

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims. . . .
Preferred claims
General claims. . . .
Total claims


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)..
Other causes, (specify)....

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what in ustry 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?


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

Er State bank
O Trust company
O Stock savings bank
O Mutual savings bank
O Private bank

•
1. Name of bank

2. Date organized

--YYt -5--

ownor City

/ f °

3. Federal reserve district

Date suspended

0

-

° ->3 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

4/ -sg-

)- 0

6. Condition figures, as of (date*)

P —/- 2 3

Loans and discounts:
On real estate
Other
$

Total loans and discounts

796), 5-91,0
7,

Real estate acquired in satisfaction of debts

oo

00 90 o

Investments

c

All other resources

.90

9.99, 63-‘.9

Total resources

o 0, o oo. oo

Capital

0
, g 3.5 510

Surplus and undivided profits
Deposits:
$

Due to banks**
Demand deposits, including U. S. Govt. deposits

.1-, '7 7
7, 0 4,

/

.

/917. 01,

Time deposits, including postal savings

7 3o 87

$

Total deposits
Borrowings from F. R. bank

//

Borrowings from other banks

/

All other liabilities

o

9 SI, 66-6, 957

Total liabilities

7. I-las this bank been reopened?

c 3-5-.

/17o

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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?

P.O

If so give:

Name of bank by which taken over
Date taken over
Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

ounts in dollars)
Claims allowed

Payments from
guaranty fund

Dividends paid from
collections

Total payments

Per cent of payments
to claims allowed

_
Secured

claims

Preferred claims.

.

General claims
Total claims.

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims
General claims
Total claims. .


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?
If so, state what ‘lustry or type of agriculture

c c

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?


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

16

• National bank

Name of State

Er State bank
O Trust company
0 Stock savings bank

-7./,„„)

fl Mutual savings bank
O Private bank

•
s)

(
Town or City /•.L
,
t.2-(-. t2-e--1-eZounty

1. Name of bank

2. Date organized .V

/ -

3. Federal reserve district

0 Date suspended /

io

Population of town or city* 3o6

Member or nonmember of F. R. System__

4. Number of branches operated: In city of parent ban

Outside city of parent bank**

•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

6. Condition figures, as of (date*)

/-7

Loans and discounts:
$

On real estate

/7,6/7//7

Other
Total loans and discounts
Real estate acquired in satisfaction of debts

6re./6

Investments

/

All other resources

I/2

s/2

Total resources
Capital
Surplus and undivided profits
Deposits:
Due to banks**

/'?4/.

Demand deposits, including U. S. Govt. deposits

pf.,1 3
662 k 7

Time deposits, including postal savings

$

Total deposits

6,1/7

Borrowings from F. R. bank
Borrowings from other banks

•

1/47, 33

All other liabilities

YZ

Total liabilities

7. Has this bank been reopened?

/
z

Y/,17/,

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so give:

S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
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:

44

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims.. .
Preferred claims...
General claims
. Total claims. ..

10. Has this bank been finally liquidated?
Date liquidation was completed

If so give:

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured

claims

Preferred claims
General claims.
Total claims


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what

dustry or type of agriculture...___(-------(%
---------"
--4)"'-,„

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O National bank

Name of State

0 State bank

New ilexico

O Trust company
O Stock savings bank
O

Mutual savings bank

O Private bank

•
1. Name of bank_Einat—atate_Bank----Town or City Gr en v 11 P

2. Date organized

,%).,-19-',DC)

3. Federal reserve district

Date suspended :3-0-01

10

County Union

Population of town or city*

Member or nonmember of F. R. System Noncnevriller_

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

300

No

6. Condition figures, as of (date*)
Loans and discounts:
$ 17,497.94

On real estate

65,021.26

Other

$ 82,519.20

Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
All other resources

21,056.17
103,575.37

Total resources
Capital

30,000.00
289.14

Surplus and undivided profits
Deposits:

$ 3,512.29

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits

32,878.84
6,895.00
$

4'3,

%c 4 V-a

Borrowings from F. R. bank

30,000.00

Borrowings from other banks

.10

All other liabilities

103,575.37

Total liabilities

7. Has this bank been reopened?
Date of reopening
Name under which reopened
Loss to depositors on:

Yes

If so give:

3-20-21
Same
Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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)

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims. . .
General claims
Total claims

10. Has this bank been finally liquidated?

If so give:.

Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured

claims

Preferred claims
General claims
Total claims


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)

ImpAirRa r.esRrve

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

Lives -honk

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ?

Don't know

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended ?D on't know


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 National bank

Name of State

I=State bank
O Trust company

O Stock savings bank
O

Mutual savings bank

•

O Private bank

•
Scc-t---/< Town or City /411-1 -62-4-4-----0

.z -,,1. Name of bank J41e,

2. Date organized

cP - >3 ---4? 41- Date suspended

3. Federal reserve district

II

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

31,

6. Condition figures, as of (date*)

1- /7

Loans and discounts:
On real estate
Other
$

Total loans and discounts

75;

Real estate acquired in satisfaction of debts
/ le,/ 017. S

Investments

77

5- 3

All other resources

.5; 6.6 8. 7 -y

Total resources

30, 0 0 0.

Capital

q •3

Surplus and undivided profits
Deposits:

$

Due to banks**
Demand deposits, including U. S. Govt. deposits

7, 75—
(21, 042/. 93
o3 / .

Time deposits, including postal savings

$

Total deposits

g

(L

I.

Borrowings from F. R. bank
13q.5-o •

Borrowings from other banks
All other liabilities
/95-,

Total liabilities

7. Has this bank been reopened?

8, 3

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so give:

8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

_

Secured claims. ...
Preferred claims...
General claims.. . .
Total claims. ...

If so give:
—

10. Has this bank been finally liquidated?
Date liquidation was completed

7

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured

claims

Preferred claims
General claims
Total claims. .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)......

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture

/V*2
‘
/14,

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O National bank

Name of State

O,
,State bank
Ile Trust company

O Stock savings bank
O

Mutual savings bank

o

Private bank

•
'County
c -11
Town or City 4

1. Name of bank

2. Date organized

-5--

-

Date suspended > - 3 —

)"

Population of town or city*

Member or nonmember of F. R. System

3. Federal reserve district

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

S
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

3

y

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$

Total loans and discounts

o 6,4L t.

7

5-7, 73/. 1 o

Real estate acquired in satisfaction of debts

/ /, 7 7 5

Investments
All other resources

hy

/ 7. 3 ° Y. 30
LitS 7

Total resources

/00., 000. 00'

Capital

. /3

Surplus and undivided profits
Deposits:
7, .S /

Due to banks**
Demand deposits, including U. S. Govt. deposits

?-07,

)-6)
0/

Time deposits, including postal savings
Total deposits
Borrowings from F. R. bank

-3_, 790,37

Borrowings from other banks
All other liabilities
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?

/1_,*9

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:.
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_

Secured claims. . . .
Preferred claims
General claims. ..
Total claims...

10. Has this bank been finally liquidated?
Date liquidation was completed

If so give:
$— 3 —2-

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 (".N
7

e)

Other causes, (specify)..-02.-ter:e.411- 14,

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry

40

or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended ?


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

20

yational bank

Name of State

• State bank
O Trust company

O Stock savings bank
O

Mutual savings bank

O Private bank

•
1. Name of bank782--a'

2. Date organized

ct,

Town or City

-

Date suspended

Y-> -

County

Population of town or city*

Yd

3. Federal reserve district

c

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

2-c\

c 717"

6. Condition figures, as of (date*)

g

Loans and discounts:
On real estate
Other
.5 -7-, ,1?-g, 75"

Total loans and discounts

• /6

Real estate acquired in satisfaction of debts
Investments

// , 0/10. 63

All other resources

?/, 2- 77. 76

Total resources

gs; 00 0.00

Capital
Surplus and undivided profits
Deposits:

/, 245/1/

Due to banks**
Demand deposits, including U. S. Govt. deposits

iio, Co5-6.-74

Time deposits, including postal savings

?-3,(1
- 0q- Os—
7 7.

Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities

/, 7 .

Total liabilities

7. I-las this bank been reopened?

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so give:

S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

.Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

_

Secured claims
_

Preferred claims. . .
General claims. . . .
Total claims.. ..

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims. ...
Preferred claims
General claims. . . .
Total claims


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state wha, industry or type of agriculture

e

J-142

•

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

0

Type of bank reported—check
appropriate one of the following
[:::1

National bank

Name of State

E] State bank
[Trust company
rj Stock savings bank
El

Mutual savings bank

El Private bank

•
Ce• Town or City

1. Name of ban

2. Date organized

7-

3. Federal reserve district

-

Y

Date suspended 157- 7"-°

c

?"4--- 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**

O
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

County

7 )/

6. Condition figures, as of (date*)

g

6 -

Loans and discounts:
On real estate
Other
,-40d9,-646.g7

Total loans and discounts
Real estate acquired in satisfaction of debts

3-01. 33

,

i35;....3o1,0

Investments
All other resources

i

S

7. ill

6 3-s, 9''° >

Total resources

7

/06/ 000.0 0

Capital
Surplus and undivided profits

/, >- C) /. 53

Deposits:
171, 0

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

7 7 )/

g3o, 7qY.

-/

c1
$

Total deposits

Y

3-6f, > Y 0 • /

Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
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

r-o

8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Loss to. depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

mounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. .
Preferred claims
General claims. .
Total claims. ..

10. Has this bank been finally liquidated?
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

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in 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)‘ustry 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?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

ill

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O National bank
Name of State

O State bank
Trust company
O Stock savings bank
O

73-z-&<,

Mutual savings bank

O Private bank

•
# ALti•4
1e • Town or City04-12

1. Name of ban

2. Date organized

3. Federal reserve district

- 63 Date suspended

ef -

0

3 Population of town or city*

Member or nonmember of F R

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

376

6. Condition figures, as of(date*)SLoans and discounts:
On real estate
Other
Total loans and discounts

$

Real estate acquired in satisfaction of debts
()X.,

Investments

53, 94-g. 7?
9,6-19•o

All other resources
Total resources

,o0 o

Capital

00

2-0,6 ..-1q .

Surplus and undivided profits
Deposits:
/, .5-o 6,

Due to banks**
Demand deposits, including U. S. Govt. deposits

St.(5
,7)
7.,
-/,
/

Time deposits, including postal savings

-y Y, (DSThs-. 3 y
/ 0,61-5-o 97

Total deposits
Borrowings from F. R. bank

70, („1,p'

Borrowings from other banks

0/

-7,

6 3.4) 471

All other liabilities
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
If so give payments to date:

9. Is this bank still in process of liquidation?

mounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. .. .
Preferred claims
General claims.. . .
Total claims. ... ____

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims
General claims
Total claims


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)

sz

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 wha ndustry 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?


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

26

• National bank
Name of State
MV State bank
• Trust company
▪ Stock savings bank
[] Mutual savings bank
▪ Private bank

•
Town or City

1. Name of banklf

2. Date organized

-5-- 8-

/7

Date suspended 1-O - /

Population of town or city*

Member or nonmember of F. R. System

3. Federal reserve district

4. Number of branches operated: In city of parent ban

Outside city of parent bank**

•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

County.÷0

(3

6. Condition figures, as of (date*)

7'

7 -

Loans and discounts:
On real estate
Other
Total loans and discounts

/,/

Real estate acquired in satisfaction of debts
Investments

57, 4-s

. 3S

All other resources

/..s, 9 II)

/

/ 7 7',a

Total resources
Capital

.2- 5- 76 d • S7

Surplus and undivided profits
Deposits:
,70

Due to banks**
Demand deposits, including U. S. Govt. deposits

tis,,,/s-,/ 36,

Time deposits, including postal savings

/ 6,

7

3
$

Total deposits

/39, 69'0•

Borrowings from F. R. bank
Borrowings from other banks

.6-00.0 0

All other liabilities

;--/ 7, 57
/ 7 Y. 16

Total liabilities

7. Has this bank been reopened?

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last'call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

/1(

8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims...

_

General claims.
Total claims. ...

If so give:
- -

10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

(Amounts in dollars)
Claims allowed

Secured claims.
Preferred claims
General claims
Total claims. .


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?
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?


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
53/ State bank
NEW MEXICO

O Trust company
O Stock savings bank
O

Mutual savings bank

O Private bank

1. Name of bank

Loving State Bank

2. Date organized P —13— 20

3. Federal reserve district

Date suspended

11

4. Number of branches operated: In city of parent bank

Town or City Loving

3-10-21 Population of itwn or city*

Member or nonmember of F. R. System__

none

Outside city of parent bank**

none

•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

County

00

nonmeitiber

3-10-21

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other

25,067.41

Total loans and discounts
Real estate acquired in satisfaction of debts
Investments

8,979.45

All other resources

5 237.80
39,344.66

Total resources

25,000.00

Capital
Surplus and undivided profits
Deposits:
74.25

Due to banks**
Demand deposits, including U. S. Govt. deposits

8,856.65

Time deposits, including postal savings
$

Total deposits

80930.90

Borrowings from F. R. bank
Borrowings from other banks

2,000.00

All other liabilities

3,413.76
33,344.66

Total liabilities

7. Has this bank been reopened?

nn

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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

At a meeting of stockilolders held in Carlsbad Augus
t 25, 1921.)
2/3 in the intorilt of ail stockholders voted to
liquidate,
Final detail:3 in connqction with liquidation
completed on !itarch
30, 1922j at vihih time cash was deposited with
the
of Carlsbad as Liquidating Agent, in the full amounNational Bank
t of the
liquidatin b,:,nkla deposit liability.
Bank liquilatld without loss to deppsitors and without any
appreciable loss to stockholders. Regarded by the State Bank
E=iner ff,s
-1'2.ntz7.:y

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so give:

8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

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

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:

April 17,

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured

claims

Preferred claims.
General claims
Total claims


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

• Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

imxaaire.d

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

(10

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

137State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

O Private bank

•
1. Name of bank

2. Date organized

Town or City

/ -?' - 3-,to

3. Federal reserve district

Date suspended 0 •-• - •P-4

//

County

Population of town or city*

Member or nonmember of F. R.Syster,

4. Number of branches operated: In city of parent bank

'
27

Outside city of parent bank**

•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

/,1677

)1.a

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$

Total loans and discounts

336, 7-5-S.e)./
I3
, /!Po •

Real estate acquired in satisfaction of debts
Investments

1,
)-

All other resources

,07,

/7o

cro
00

17

6,

Total resources
Capital

30, 00o,00

Surplus and undivided profits

j.// /7 7. .5-7

Deposits:
Due to banks**

7-,

Demand deposits, including U. S. Govt. deposits

6,

Time deposits, including postal savings

/

et0.90

7o
63 Y. 12_
$

Total deposits

/, 4(.3. >-6

Borrowings from F. R. bank

0. 111

Borrowings from other banks

7,

All other liabilities

g?

Total liabilities

7. Has this bank been reopened?

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

0

8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

mounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

_

Secured claims. . .
Preferred claims...
General claims
Total claims. . . .

10. Has this bank been finally liquidated?
Date liquidation was completed

.2ft.

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

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what/industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

0,

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following

0

O National bank
Name of State
Er State bank
O Trust company
O Stock savings bank
El

Mutual savings bank

O Private bank

Town or City

1. Name of bank_____

2. Date organized 6 - >"9

Date suspended

3. Federal reserve district

- P-

221-0t-ti

Population of town or city*

Member or nonmember of F. R.

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

g2

6. Condition figures, as of (date*)

1-

-

Loans and discounts:
On real estate
Other
$

Total loans and discounts

74,(47.99
4.,,40./o

Real estate acquired in satisfaction of debts
Investments

-2-6,8 7/.

All other resources

/o, o 73.

8/

47-5-•

Total resources
Capital

000. 00

Surplus and undivided profits

657,1,0

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

1-/-7, 4/66. o I

Time deposits, including postal savings

/5

9 `Y. 4/t
AA/

63,6 s

Total deposits

7I

Borrowings from F. R. bank
06
1g. 417

Borrowings from other banks

14o 34.37-

All other liabilities

/,

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
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims...
—

Preferred claims..
General claims
Total claims

If so give:

10. Has this bank been finally liquidated?
Date liquidation was completed

-

_17

Collections:
75

$

From liquidation of assets

77

From assessments on shareholders
Other collections (explain)
Total collections

‘/7 7
$

Offsets to claims (loans paid, etc.)

3C.

Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims

32,/ZaCie 1q

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

/0

32.,-1_1,.f-c7

Preferred claims
General claims.. . .4-4,5173.7vi vtiql7 6
Total claims. ...


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

T77,_

e:),ki‘../,'":./".."
,/

1 („ ,a, ()-1 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
tr

Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?


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

fl

34

National bank

Name of State

ifir State bank

LI Trust company
p Stock savings bank
El

Mutual savings bank

0 Private bank

•
Town or City

1. Name of bank

2. Date organized /0

0

3. Federal reserve district

74-9-

Date suspended

ef

1

7-

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

Pt-C

/s

/Le,

6. Condition figures, as of (date*)

8- 27-

Loans and discounts:
On real estate
Other
Total loans and discounts

9/, 551.S,
,z

S

Real estate acquired in satisfaction of debts
5-o,6 o7. yg

Investments
All other resources

/5-0, 679 to

Total resources
Capital

o o 0• 0 o

Surplus and undivided profits

oo
0
C90-5-,70

Deposits:
$

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

/,

-73

st 7,
3,.7- Lie
$

Total deposits

,-, 4E6 Z 33

Borrowings from F. R. bank
5-5, 4-SY.q7

Borrowings from other banks

1,

All other liabilities

/ 50,(=,71.(oo

Total liabilities

7. Has this bank been reopened?

-1,-V •6o

A(0

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

If so give:

S. has this bank been taken over by another bank)
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. .
Preferred claims..
General claims. . .
Total claims. ..

10. Has this bank been finally liquidated?
Date liquidation was completed

27 td
I )-

If so give:
- 2-7

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims. . . .
Preferred claims
General claims
Total claims.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what

dustry 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?


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

Er State bank
C] Trust company
1=1 Stock savings bank
111 Mutual savings bank
El Private bank

•
1. Name of bank

--1-<2-e\--ti•-'2- /
2-1-

2. Date organized

4—

3. Federal reserve district

6

4
0---4- Town or City

3 Population of town or city*

Date suspended

/1

Member or nonmember of F. R. Systen

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

-y

6. Condition figures, as of (date)
Loans and discounts:
On real estate
Other

2-71.

$

Total loans and discounts

/

Real estate acquired in satisfaction of debts

c\\

Investments

tog, 7 7

(.90,593.

/ 7 / 357

All other resources

ey

6q3. LC--

Total resources

30, 0 0 o. o 0

Capital

6, 0.'0.00

Surplus and undivided profits
Deposits:
Due to banks**

$

Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

/30 So4.3e
/3

o

/
S

Total deposits
Borrowings from F. R. bank

3(0, 1 e 9.5-0

Borrowings from other banks

0 39 • Y6

All other liabilities
2- 3c/r

Total liabilities

7. Has this bank been reopened?

-4*

43

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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

r,

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:
mounts in dollars)

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

_

Secured claims
Preferred claims. ..
General claims.
Total claims. ...

10. Has this bank been finally liquidated?
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

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient'diversification
Incompetent management, i.e., poor credit judgment, laxity in 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

dustry 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?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

lip

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
- by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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

[z]

CI)

National bank
Name of State

New Mexico

State bank

O Trust company

O Stock savings bank
O

Mutual savings bank

O Private bank

•

•

Co.
ir
st
State
•
Bank
an
Trust
&
Name
of
banl
rusfown
or City Roswell
1.

2. Date organized

1909

3. Federal reserve district

County

Date suspended Dec.28,1923,opulation of town or city*

Dallas

4. Number of branches operated: In city of parent bank

Member or nonmember of F. R. System

None

Outside city of parent bank**

None

S
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

No.

Chn yes

11 000

Non—member

6. Condition figures, as of (date*)

December 28, 1923

Loans and discounts:
On real estate
672,944.82

Other

672,944.82

Total loans and discounts

5,010.00

Real estate acquired in satisfaction of debts
princinally stock in Nev. Mexico LiveStock
Investments.& .Itg;1..c-kaltATP:1- .I.J2.2:1:1..QP.!..aqqired in re—
financing cattle loans (Vlar Finance)
All other resources.. a'9.11.3..W T,-101,1F e & Furn & Fix
xchange
Cash &Aight
Total resources

58,147.86
75,836.51
866,039.19

Capital

100,000.00

54,100.00

27,193.54

Surplus and undivided profits
Deposits:
$

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

11,4.06
5E1,874.63
78,342.96
$

Total deposits

641,710.65
none

Borrowings from F. R. bank

97,135.00

Borrowings from other banks
All other liabilities

866,039.19

Total liabilities
7. Has this bank been reopened?

no

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

8. Has this bank been taken over by another bank?

nn

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

no

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. .. .
Preferred claims
General claims. . .
Total claims. . .

10. Has this bank been finally liquidated?
Date liquidation was completed

yes

If so give:
Jany. 2, 1929

Collections:
$

From liquidation of assets

369,966.97
79,364.62

From assessments on shareholders
Qther collections (explain). X 0.-fato. 5,11:t.QX.Q St

etc.

39,251.87
488,583.46

Total collections
$

Offsets to claims (loans paid, etc.)

102,595.04

Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims

66,017.35

Dividends paid from
collections

Total payments

66,017.35

66,017.35

LL,30.82

4 2 230.82

General claims

531,312.06 320,303.02

Total claims

651,560.23 390,551./9


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Payments from
guaranty fund

•

320,303.02
390,551.19

Per cent of payments
to claims allowed

100-4
/o
100
55.1%
L 0 no

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

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 XX

Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits

XXX

Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)..De.pr.e ci c.ti on.in..

.of cattle

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

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?" in 1920 or 1921, when deflation in cttle and enforced liq—

uid7tion

commenced.

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after he

yes
bank suspended?
If so, give dates and amounts of all assessments In 1928
one—ththrd of stock was surrendered and losses dharped agaist ,
retired capital

-3 3
d/A:e-47 ,3Z„ (4,

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

te1214

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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

7

National bank
Name of State

[EIVState bank

LI Trust company
LI Stock savings bank
111

Mutual savings bank

7
-2,

)-

721-12-.4

LI Private bank

1. Name of bank

2. Date organized

Town or City

5-

3. Federal reserve district

-

0 Date suspended

/0

0/-

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

7

6. Condition figures, as of (date*)

(7-.2? —

Loans and discounts:
On real estate
Other
or S, /6 st.

Total loans and discounts
Real estate acquired in satisfaction of debts

o,9 33. TV

Investments
/

All other resources

5'5573i

0 9,

Total resources

30, 000. oo

Capital

/ 3S

Surplus and undivided profits
Deposits:
$

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

5If

.44 99f./6
/, 0 7 '•

Ol

$

Total deposits

5 3',S-96.‘,/v

Borrowings from F. R. bank
• 171 /

Borrowings from other banks

6,1/)'. 3-.3

All other liabilities

// 7
, 65-3,Pb

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

r.0

8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

mounts in dollars)
Claims allowed

Dividends paid from
collections

/

Preferred claims..

,, ,,
,...,,,,
W /,°'f' v • s'04 4i. 416 1 14'/e

Per cent of payments
to claims allowed

/c)
6?ott.71

#1./._g,ef.4

Total claims

Total payments

7.<7f3'f6 /'v if3
/,1'7 6
'7 /I( f 7
7

Secured claims..

General claims...

Payments from
guaranty fund

10. Has this bank been finally liquidated?
Date liquidation was completed

2tr

If so give:

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
$

Offsets to claims (loans paid, etc.)

/0 623

3

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?
If so, state what ind)Istry or type of apiculture 72.ia'—e"

4

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments
•••••••••

dVn

*5°/

a=''

4110

Fr

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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

RI

State bank

O Trust company
O Stock savings bank

O

Mutual savings bank

O Private bank

'
>r)// etiLe
1. Name of bank Yi&r_4....._d€

.4.
‘.1
Town or City 242-4..A

2. Date organized /6- 3-0I

3. Federal reserve district

Date suspended14 -

/1

3- 2

(,
-e-;4
1 ,kounty

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

6. Condition figures, as of (date*)

/
1
4
S - Z3-

Loans and discounts:
On real estate
Other

31 7,5-7.

Total loans and discounts

4

Real estate acquired in satisfaction of debts

3i. 77

43
i _s--J

Investments

33, 13/

All other resources
Total resources

13S:g sly /1_

Capital
DOO

Surplus and undivided profits

•

Deposits:
$

Due to banks**
Demand deposits, including U. S. Govt. deposits

73,

.173. .5"7

7/1 -10
22

Time deposits, including postal savings

$

Total deposits

gilt/ 4

_5"

Borrowings from F. R. bank

/.5; a ao • o-o

Borrowings from other banks

_5-s-4. 67

All other liabilities

/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

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:
mounts in dollars)

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

/o. 7,,

1/L,74.(2.c)3.1 3

Secured claims..

Per cent of payments
to claims allowed

Preferred claims..
,--'

General claims...
Total claims.. .

70 7.,

L 3- c.7711 LW,141 .490
if.5.f
'

-

70,7%1.75

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)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry

•

or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
/1
1


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

If so, give dates and amounts of all assessments
airt-a--a-cl--e--ze 02%/TO 0 c:,

7_0 0

f
o -19-4-

cr

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O

National bank
Name of State

O State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

O Private bank

1. Name of bank

2. Date
/

3. Federal reserve district

-t-t--)

Date suspended

6

Town or City

-

-

3 Population of town or city*

Member or nonmember of F R. Syste

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

County

7-5-e-n

7—

6. Condition figures, as of (date*)

3

Loans and discounts:
On real estate
Other
Total loans and discounts

S 4/5-/,

Real estate acquired in satisfaction of debts

76• 7</
/.

.2,

As

Investments

7, 414LC.7

All other resources
Total resources
Capital
Surplus and undivided profits
Deposits:
4tC /6

$

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

?,/, 21.76
ef: 6 74 h 3
$

Total deposits

3.o 7. 7-5--

Borrowings from F. R. bank

3 _7‘, 2

Borrowings from other banks

3, /4

All other liabilities

, . 1‘/,
-5- 33

Total liabilities

7. Has this bank been reopened?

24

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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

/pp

If so give:

S. Has this bank been taken over by another bank'
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
7
If so give payments to date:
9. Is this bank still in process of liquidation? r--( mounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. . .
Preferred claims...
General claims. . .
Total claims.

W. 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

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

1

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in 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

ak,

91111"
or agriculture?
If so, state what indytstry 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?


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

isJ State bank
• Trust company
▪ Stock savings bank

fl Mutual savings bank
• Private bank

•
'ct—‹..a.-A._.a.e._.
1. Name of bank Se

2. Date organized

3. Federal reserve district

- a 4 Date suspended
/6

'Town or City94

-

/

Count

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

7
S-47

2
i
-ir •

6. Condition figures, as of (date*)

/.2 - /2 —

r

Loans and discounts:
On real estate
Other
Total loans and discounts

$

Real estate acquired in satisfaction of debts

7.4 4, 37C. d41

r.

3

Investments

47,'Po • 0--0

All other resources

40,-570 3A

(
7/7
,,g/.

Total resources

cr-er-t) • a--0

Capital
Surplus and undivided profits
Deposits:
$

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

4 /al, a 7
7, 4/ ,

/47,

./4. 54
$

Total deposits

g; 671 7/

Borrowings from F. R. bank
4/7
,s—oe • o--e

Borrowings from other banks

3.5; .0-5-3.30

All other liabilities

r/7, s/Z.

Total liabilities

7. Has this bank been reopened?
Date of reopening

If so give:

_3-

Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so give:

S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per cod 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?

mounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

_

Secured claims. . .
Preferred claims...
General claims.
Total claims...

10. Has this bank been finally liquidated? 4/14
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.
f

Total claims. . . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

_____

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what indilistry or type of agriculture

_es

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
bard( 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 accounipf;financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
- appropriate one of the following

15

r] National bank
Name of State

State bank

LJ Trust company
LI Stock savings bank
11] Mutual savings bank

0 Private bank

•
&frrown or City

1. Name of bank

2. Date organized

3. Federal reserve district

77 Date suspended f---//

1

County

Population of town or city*

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

2?0

've,6 4,/
,

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$

'Total loans and discounts

g/6, Y/5 1/8

Real estate acquired in satisfaction of debts
Investments
6, O 9o • St,

All other resources

4/7-3,00 0.

Total resources

co.p

Capital
/s;

Surplus and undivided profits

oo

33.

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

37 sY,
1, f,0 . 0 c.
$

Total deposits

g

Borrowings from F. R. bank
Borrowings from other banks
/ 7 40

All other liabilities

4)-3, 000./ y

Total liabilities

7. IIas this bank been reopened?

D

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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:
(A ounts in dollars)

Claims allowed

Secured

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

claims

Preferred claims. ..
General claims....
Total claims. . . .

10. Has this bank been finally liquidated?
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

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in 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 wha 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?


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
State bank •

O

Trust company

o

Stock savings bank

ID

Mutual savings bank

• Private bank

•
I-- Town or City 4
---4--e--&-•,-/\-0

1. Name of bank10

2. Date organized

-

-

6

Date suspended

6

3. Federal reserve district

->

Population of town or city*

Member or nonmember of F R

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

S
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

y .5-t,

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$

Total loans and discounts

4,/ • L,L7

Real estate acquired in satisfaction of debts
Investments

3/, o 5

All other resources

3/, 7? iii•go

,94-

Total resources
6 0,00

Capital

0. 0 0

535% 6 g

Surplus and undivided profits
Deposits:
7/

Due to banks**

/3

Demand deposits, including U. S. Govt. deposits

At476',144

Time deposits, including postal savings

# 3', 46, o
$

Total deposits

?-9.4,7 >-,•9/

Borrowings from F. R. bank
Borrowings from other banks

I,S2, iq

All other liabilities

/

lq 4-.

3 1'0, /

Total liabilities

7. Das this bank been reopened?

o • 45
>

,-/

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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:

:71

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. . ..
Preferred claims...
General claims.. ..
Total claims,..
1

10. Has this bank been finally liquidated?
Date liquidation was completed

If so give:
-

- >-7

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims. ...
Preferred claims...
General claims. . ..
Total claims. ...


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry

40

or agriculture?
If so, state what

ustry 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?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following

El National bank

Er

State bank

O

Trust company

o

Stock savings bank

O Mutual savings bank
O Private bank

•
Town or City______t________
(-1-"'c-- County

1. Name of ban

2. Date organized

3- 6

Date suspended /2

3. Federal reserve district

/ Population of town or city*
2

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

6. Condition figures, as of (date*)

b2 7— X5

Loans and discounts:
On real estate
Other

7.z

/32,

Total loans and discounts
Real estate acquired in satisfaction of debts
Investments

/j

All other resources

41

4

Total resources
Capital

0

Surplus and undivided profits

C 0 0.

0.

Deposits:
O

$

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

/7/796-7
0

Total deposits

g

00

e

$

Borrowings from F. R. bank
Borrowings from other banks

9
4 4'13-3•

All other liabilities
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
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

If so give payments to date:
mounts in dollars)

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. .. .
Preferred claims. . .
General claims. ...
Total claims. . . .

10. Has this bank been finally liquidated?
Date liquidation was completed

f so give:
IV

Collections:
From liquidation of assets.
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims. . . .
Preferred claims
General claims
Total claims. . . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial dis'asters. such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in 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

al

or agriculture?
If so, state w t industry or type of agriculture/1(2-7—

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O

National bank
Name of State

At State bank
O Trust company
0 Stock savings bank
O

Mutual savings bank

,Nem MexiQo

O Private bank

•
1. Name of bank The dank of Tyrone

2. Date organized

3. Federal reserve district

/7
- /?Date suspended

Town or City

1-28-24

11th

TyronP

County

Population of town or city* `---) 000

Member or nonmember of F. R. System_Nonmembe_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

Grant

N0

1-28-24

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other

$ 1265 253.94

Total loans and discounts

6598.58

Real estate acquired in satisfaction of debts

..\"..)
10,000.00

Investments

•7,74.95

All other resources

178,047.47

Total resources
Capital

501000.00

Surplus and undivided profits

71,062- 31

Deposits:
$ 105475.91

Due to banks**
Demand deposits, including U. S. Govt. deposits

84,624.47

Time deposits, including postal savings

115 658.10
$ 106,458.48

Total deposits
Borrowings from F. R. bank
Borrowings from other banks

526.68

All other liabilities

1785047.47

Tcital liabilities

7. I-las this bank been reopened?

Ye S

Date of reopening

3-27-24

If so give:

Name under which reopened The Bank of Tyrone
Loss to depositors on:

A nount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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)

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

,
Secured

claims

Preferred claims.. .
General claims
Total claims. . ..

10. Has this bank been finally liquidated?

If so give:

Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims....
Preferred claims..
General claims.. .
Total claims. . . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)

ex City National

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

40.

or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


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
E] National bank
State bank

o

Trust company

El Stock savings bank

O Mutual savings bank

o

Private bank

•
1. Name of bankAA

2. Date organized

3. Federal reserve district

or City

Date suspende

(2_

County

/XJ_OPopulation of town or city* 7 1

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

/

t-"

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other

$ U 7r13-0

Total loans and discounts
Real estate acquired in satisfaction of debts

(OCISI

Investments

/ 7

All other resources

e?-0

(;1 /, C /7.)

Total resources
/C

Capital

t

p 5e, 96-0

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

$ 1,

Total deposits

9, 7(9

Borrowings from F. R. bank
Borrowings from other banks

•
2M-0

All other liabilities
/,(f6

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
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
/If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

_

Secured claims. . . .
Preferred claims. . .
General claims. .
Total claims. .

10. Has this bank been finally liquidated?
Date liquidation was completed

If so give:

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured

claims

Preferred claims
General claims. . . .
Total claims. . . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Dividends paid from
collections

Payments from
guaranty fund

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drought, boll weevil, etc.
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc

//-

Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Name 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

ill

or agriculture?
If so, state what industry or type of aviculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

-- If so, give dates and amounts of all assessments
)

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
0 National bank
State bank
O Trust company
El Stock savings bank
O

Mutual savings bank

O Private bank

•

h ca„.tiato

1. Name of bankAk

2. Date organized

r

3. Federal reserve district

7

Date suspende

72

or City

21Li/

County_

3OPopulation of town or city*,( 235

Member or nonmember of F. R. System__

4. Number of branches operated: In city of parent bank

LI

Outside city of parent bank**

•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

/
11-0 •

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other

r()

'";

Total loans and discounts
Real estate acquired in satisfaction of debts

6—K ?Po

Investments

7O
).(4, gYO
((p ro-o
no Li/ be-

All other resources
Total resources
Capital

4
P1

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
'rime deposits, including postal savings

$ I, I

Total deposits

2- 1! 6 0-0

Borrowings from F. R. bank
Borrowings from other banks

•

'12-0

All other liabilities

1
/1 *1

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

.1)
(

8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims. . .
General claims
Total claims

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 claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

•
Seenred

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,
drought, boll weevil, etc.
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc.
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Name of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify) ,

/
/ 4

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?


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.

2

Type of bank reported—check
appropriate one of the following

LI National bank

LI

Name of State

State bank

El Trust company

LI Stock savings bank
LI Mutual savings bank
LI Private bank

•

N.YO.EK

Citizens Bank of Griffin
1. Name of bank

County D1
Town-or-City
Village of Fleischmanns

Corners

2. Date organizecl_d_PA 0

3. Federal reserve district

Date suspended 7/18/; 9

two

4. Number of branches operated: In city of parent bank

Population of town or city* 600

Member or nonmember of F R. System n o n—rn

wane

Outside city of parent bank**

none

•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

no
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

r

.te of closing)
6. Condition figures, as of (date*)_cially 181 1930 (d,-,
Loans and discounts:
On real estate

$

71 07.95
172,921.95

Other
Total loans and discounts

$

Real estate acqtr
.Ed ilsatisfacgon of debts
C s an oonas
Investments. Itiortc,vage
Bariking gouse

1801 179.90
491194.82

287 ?zs
'
.
46,570.
50
23*

3.61.

Allotherresources..(including..cash..apd..clue..fr.Q
31,512. 6
Total resources

201,505.25
36,353.93

_bauks

467,183.90

Capital

25,000.00

Surplus and undivided profits

31,041.56

Deposits:
$

Due to banks**

211 585.57

Demand deposits, including U. S. Govt. deposits

191.:,c304.97

Time deposits, including postal savings

1261251.80
$

Total deposits

none

Borrowings from F. R. bank

71,000.

Borrowings from other banks

none

All other liabilities

467,183.90

Total liabilities
7. Has this bank been reopened?

340,142.34

NO

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

• •-

410„,

Schedule referred to
in answers to questions No. 8 and No. 10.

The First National Bank of Fleischmanns, N.Y., in
accordance with the terms of a contract approved by the
Supreme Court of the State of New York, agreed to assume
and pay to creditors of the Citizens Bank of Griffin Corners,
the full amount of their claims filed with and accepted by the
Supreintendent of Banks, and purchased assets in an equal
amount of the liabilities so assumed.
A hold'n_; corpor;Ltion was organized by the Bankers
of Delaware County to purchase from the buperintendent of
Banks certain assets considered slow and doubtful.

The capital

of this organization was subscribed to by the Bankers of

110

Delawre County, stockholders of the defunct institutf_on,' public
spirited citizens and depositors.

There is the possibility of

the depositors who purchased stock in the holding company
suffering some loss.

•

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so give:

S. Has this bank been taken over by another bank?

See attached schedule

Name of bank by which taken over
Date taken over

See attached schedule

May 5, 1930
Per cent of loss
10 claims

Loss to depositors on:
A11101011 Of loss

Secured claims
Preferred claims
General claims

:Dee schedule attr‘tched)

Total
9. Is this bank still in process of liquidation?

no

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims..
General claims. ...
____

Total claims.

If so give:
10. Has this bank been finally liquidated? Y e
'3,
19
MaY
Date liquidation was completed
•
Collections:
From liquidation of assets

411 145'.34

From assessments on sharpholders

none (see attached sched

Other collections (explai )

411,142.34
7/112,283.34

Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

I.

Claims allo ed

Secured

(Amounts in dollars)
\
\
Dividends paid from
collections
\\

Payments from
guaranty fund

Total payments

, Per cent of payments
" to claims allowed

claims

Preferred claims...
General claims. . . .
Total claims


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

298,859.

298,859

293,359

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 and bond 1. nv e stments
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in 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?

40

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?


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
111

National bank

n

State bank

Name of State

El Trust company

p Stock savings bank
r] Mutual savings bank

I\L`v-4111 YORK

0 Private bank

1. Name of bank Bank of Cuba in New York Town or City

N Y

County

N Y
Borough of

2. Date organized

5/9/16

3. Federal reserve district

Date suspended

Population of town or city*

4/11/fl

2

4. Number of branches operated: In city of parent bank

Member or nonmember of F. R. Systenther

none

Outside city of parent bank**

none

S
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

_Manhattan 1920
2,284,103.

Ac5'

6. Condition figures, as of (date*)

February 28

1921

Loans and discounts:
On real estate

516,197.

Other
Total loans and discounts

$

516,197.

Real estate acquired in satisfaction of debts
Z

Investments

/

90,813.

All other resources

184,121.

Total resources

791,131-

Capital

100,000.

Surplus and undivided profits

104,761.

Deposits:

88,545.

Due to banks**
Demand deposits, including U. S. Govt. deposits

484,374.
600.

Time deposits, including postal savings

$

Total deposits

573,519.

Borrowings from F. R. bank
Borrowings from other banks
All other liabilities

12,851.

Total liabilities

7. Has this bank been reopened?

nn

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Secured claims

none

Preferred claims

mina

General claims

none

Per cent of loss
to claims

Total
* Condition items should be as of date of suspension, if possible, 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

No

8. Has this bank been taken over by another bank?

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total

no

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. .. .
Preferred claims...
General claims.. ..
,

Total claims. ...

10. Has this bank been finally liquidated?

ye S

If so give:

Date liquidation was completed Final

y 28, 1923

Collections:
From liquidation of assets

none

From assessments on shareholders
Other collections (explain)

'

,

Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:

100%

Claims allowed

(Amounts in dollars)

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
A._.,

Preferred claims...
General claims
Total claims. .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

2901 284--.52

P901 g84_52

10tVi
4

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment,laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits

Banca National De Cuba
Failure of affiliated institution (Name)located..in.Havanal..Cub
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

41

or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

_Re -In when the parent bank in Cuba closed.

12. Were there any assessments, voluntary or othenvisc, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
0 National bank
State bank
El

Trust company

O Stock savings bank

o

Mutual savings bank

O Private bank

1. Name of bank_04-4A.,

2. Date organized

i 'C'0 3

3. Federal reserve district

own or City

Date suspende

A.,

A

County_

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

j___Ilo —

ulation of town or city*Al_g_

A -1/1
/
14Aliejejt,#

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
1 /
Total loans and discounts
Real estate acquired in satisfaction of debts

/ '11, 750

Investments

5,

All other resources

'3

rl

Total resources

(
(2)

Capital
3 --r,59

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
$

Total deposits
Borrowings from F. R. bank

(
2, / / '7, 9
/7)

Borrowings from other banks

'
/

All other liabilities

1 -1

Total liabilities
7. Has this bank been reopened?

/

2-0

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
**Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

•

If so give:

8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims. . .
General claims
Total claims

10. Has this bank been finally liquidated?
Date liquidation was completed

If so give:

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claim (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

k cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drought, boll weevil, etc.
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Name of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify).

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
0 National bank
Name of State

O State bank

wf Trust company
• Stock savings bank

New York

Li Mutual savings bank
O

Private bank

•
1. Name of bank

City Trust Company

Town or City

New York County

N• Y•

6-41)Q3
2. Date organized

7/3E28

3. Federal reserve district

Date suspended

2

2/11/29

Population of town or city*_kanhattan

Member or nonmember of F R. System_ Non-member

4. Number of branches operated: In city of parent bank

Outside city of parent bank**

•

2

(Brooklyn)

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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

No

2/11/29

6. Condition figures, as of (date*)
Loans and discounts:

Loans secured—diversified collateral
xstxxxbutztcx

$

Other

2,36,67.9
3,753,549.91
$ 6,122,228.4-0

Total loans and discounts
StoksReal
estate acquired
in aati_sfactiQn of debts
& Bonds
Investmentst

n
rkfn
al•e•Hous'es

WO

1,536,275.20

)gj 7_fr
:07:1

3,232,103.61

All other resources

10,890,607.21

Total resources
Capital

1,22_5O00.

Surplus and undivided profits

1,008,193.87

Deposits:

Certified checks
Cashiers

111,210.25
33,016.41

Due to banks**

$

7122666

Demand deposits, including U. S. Govt. deposits

2,943,409.56

Time deposits, including postal savings

3,822,134.34
$ 6,839,770.56

Total deposits

None

Borrowings from F. R. bank

417,322.20

Borrowings from other banks

-

All other liabilities

3,633,514.4_5
10,890,607.21

Total liabilities

7. Has this bank been reopened?

No

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

SCHEDULE SUPPORTING ANSWERS TO QUESTIONS "8 and 10"

A group of representative New York City banks and bankers,
formed a pool of funds contributed by its members, the total of
which was sufficient to insure payment in full to all creditors of
the City Trust Company. The outgrowth of the pool was the organization of the Mutual Trust Company, and its function in the banking
field was to reopen the City Trust Company, liquidate its assets,
and assume all of thedefunct corporation's liabilities. Charter was
obtained, and contract approved by the Supreme court of the State of
New York, was entered into by the Mutual Trust Company and the
Superintendent of Banks.
The Mutual Trust Company, without exercising its charter
rights, was absorbed with permission of the Superintendent of Banks,
by the International Germanic Trust Company.
The contract between the Mutual Trust Company and the
Superintendent of Banks was superseded by a later contract between
the International Germanic Trust Company and the Superintendent of
Banks. This contract was approved by the Supreme Court of the State
of New York, and by its terms, the International Germanic Trust
Company agreed to purchase all the assets of the City Trust Company,
assume all its liabilities, and pay the fun amount of creditors
claims, filed with and accepted by the Superintendent of Banks. The
International Germanic Trust Company received the assets on
1, September 1st, 1929, and the Superintendent of Banks concluded his
official decision on liability claims on May 9, 1930.

41

•

http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

S. Has this bank been taken over by another bank?

Yes

If so give:

Name of bank by which taken over_iriternatlanai Germanic Trust Company

September 1, 1929.

Date taken over

Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims

None

Preferred claims

None

General claims

None

Total

None
No

9. Is this bank still in process of liquidation?

(See schedule attached)

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?
Date liquidation was completed

If so give:
Yes
May 9, 1930.

Collections:

$ 4,og6,\292.5g

From Iiquidation of assets
From ass sments i
i n shareholders
Other collec

Mutual Trust C

explain)s _ . .schedule-at
ee

6 000 000.

ched

Total colle tions
Offsets to claims (loa s p 'd, etc.)
Payments to depos. ors:
(Amounts in do jars)
aims allowed

•

Payments from
guaranty fund

*vidends paid from
collections

Tot 1

yments

Per cent of paym t
to claims allowe

i
Secured claims
I
Preferred claims
\
General claims. .
Total claims. . .. 6,545,2110.38


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

--

100%

,545,240..5

10

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)

Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry

No

or agriculture?

•

If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Death of Presid_ent,with attendant, disclosures forged paper
and manipulation.

12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O National bank

Name of State

O State bank
[1] Trust company
O Stock savings bank

Di Mutual savings bank
O Private bank

•
1. Name of bank I taliaITL Discount & TrutTown or City

New York County

New York

Company
2. Date organized 11/9/18

3. Federal reserve district

Date suspended

_12 2_9 21 Population of town or city* Borough of Man-

hattan 1920
2,2841103.

Member or nonmember of F R System non-meab_er

2

4. Number of branches operated: In city of parent bank
Outside city of parent bank**

•

t-rn 110/1 e

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census 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*)

NoVernbE-;r 15

1921

Loans and discounts:
On real estate
5 224,420.

Other
Total loans and discounts

$

5 - 224,420 _

Real estate acquired in satisfaction of debts
3r/ e- 72.

Investments
All other resources

1,157,452.
11,riFF,F74
18;037,446.

Total resources

1,0001000. _

Capital

790, 316.

Surplus and undivided profits
Deposits:
$ 1,395,840,

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

1,:318,

Total deposits

$ .1.2,071.4148

Borrowings from F. R. bank
Borrowings from other banks
4,202,648.

All other liabilities

1,o37,446

Total liabilities
7. Has this bank been reopened? Y e s
Date of reopening

If so give:

Feb. 14, 1922

Name under which reopened Italian Discount :=inri Trust Company
Loss to depositors on:

Amount of loss

Secured claims

lacnie

Preferred claims

none

Per cent of loss
to claims

General claims....nQn.e
Total

none

* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

8. Has this bank been taken over by another bank?

Conver

If so give:

d to The Discount Nat'onal Bank of N.Y.

Name of bank by which 1-a,ken over
v 5, 197

Date t152?friCrX5
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

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims.. .
General claims. . . .
Total claims.. ..

10. Has this bank been finally liquidated?
Date liquidation was completed

If so give:

Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

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

.4.

,4'7

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name).C10sing..or..the..pa.rent
Failure of correspondent (Name)

bank in Italy.

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

40.

or agriculture?
If so, state what industry or type of agriculture

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?

Began when the parent bank_inItaly closed.

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

•


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis