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 Wisconsin A-Z, Box 1837, Folder 1

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Federal Reserve Bank of St. Louis

421.11-6 - Bank Suspensions Since Jan 1 1921
Nonmember State Banks Viisconsin A-L
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
[] National bank
Name of State

F:S State bank
0 Trust company
Li Stock savings bank

WISCONSIN

0 Mutual savings bank
Li Private bank

1. Name of bank

2. Date organized

Albany

Albany Exchange Bank

8/3/03

3. Federal reserve district

Date suspended

7/12/26

Seventh

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

11/

700

Population of town or city*

Non
Member or nonmember of F. R System_

None

Outside city of parent bank**

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

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


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Federal Reserve Bank of St. Louis

Green

County

Town or City

NO

ally Twelfth - 1926

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

44,728.00

$

On real estate

582 2076•64

Other

426,804.64

Total loans and discounts

3,300.00

Real estate acquired in satisfaction of debts
IAL\c

Investments

18,227.90

All other resources

16,081.34

Total resources

•

Capital

15,000.00

Surplus and undivided profits

28,190.05

Deposits:
$ 15,089.59

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

97,371.64
233,76:2.60
$ 346,223..83

Total deposits
Borrowings from F. R. bank,

75,000.00

Borrowings from other banks
All other liabilities

464,4-13.88

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 1
to elm

Secured claims
Preferred claims
General claims

122 141.71

36?:%

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

Na

If so give:

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

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

75 2 000.00

Secured claims. . . . 751000.00

none

Preferred claims. .
General claims

i

Total claims.

Payments from
guaranty fund

Total payments

None

75,000.00

212,49-3.10

e • ...:

,

._

A 1.! ..

iri

NO

10. Has this bank been finally liquidated?
Da lition was completed

0

1.,19 q 1 A

if '

• 4-0-9 s 634.8

To

100

None

4 •2

Collections: --- -

Per cent of payments
to claims allowed

-111v

63 -... %

70 1 I

If so give:

2/28/31

From liquidation of assets

$ 3202 283.89

12,724.10

From assessments on shareholders
Other collections (explain)
Total collections

333,007.99
3§;§84.67

Offsets to claim (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,
drought, boll weevil, etc.
Insufficient diversificalion
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc

x

Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Name of correspondent (Name)
Failure of large debtor (Name) Halvor Johnson—Road Contra tor
Other causes, (specify)

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

Yes

or agriculture?

If so, state what industry or type of agriculture

Road Construction contr .0 tor

What was the approximate date of the beginning of the difficulty which ultimately caused the suspenTua y 1925
sion?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the

Yes
bank suspended?

If so, give dates and amounts of all assessments

September 1926 - 100 % - amount collected


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Federal Reserve Bank of St. Louis

12,724.10

ilk

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

State bank

El Trust company
O Stock savings bank
O

Mutual savings bank

El Private bank

•
L Name of bank

2. Date organized

Farmers State Bank
7/16/14

3. Federal reserve district

Date suspended

TownorCity

2/22/23

Ninth

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

111

Allen

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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Federal Reserve Bank of St. Louis

Eau Claire

County

No

150

No

--

6. Condition figures, as of (date*)

Feb. 22, 1923

Loans and discounts:

$ 7,000.00

On real estate

142,586.43

Other

$149,586.43
None

Total loans and discounts
Real estate acquired in satisfaction of debts

Bonds

Investments

NIC.k. 2,000.00
8,572.25

All other resources

160,158.68

Total resources

10,000.00

Capital

1,392.43

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

32,923.61

Time deposits, including postal savings

37,499.51
$

Total deposits

70,423.12

Borrowings from F. R. bank

78,343.13

Borrowings from other banks
All other liabilities

160,158.68

Total liabilities
7. Has this bank been reopened?
Date of reopening

Yes

If so give:

8-9-23

Name under which reopened
Loss to depositors on:

Farmers State Bank
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

This was reopened before any claim
were file mad no loss to depositors
was sustained.

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims

None

Preferred claims
General claims
Total
9. Is this bank still in process of liquida

Reorganized and was c

second time.

If so give payments to

A

mounts in dollars)
Claims allowed

Dividends pais .m
collections

Pa
•

ents from
aranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims. . .

No claims w

e filed 'before th . tus reorganized.

General claims. . . .

N%

Total claims. . . .

10. Has this bank been finally liquidated? No

If so give:

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

No claims
..
MS reorg nized.

rni)

Payments from
guaranty fund

Total payments

• e d.ivid.cnd.s s; • a i = i

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,
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'


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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

gi

Name of State

State bank

tic

Dl Trust company

LI Stock savings bank
El

Mutual savings bank

WISCONSIN

Private bank

•
1. Name of bank

2.

Farmers State Bank

Date orgam.mi 7/16/14
Date suspen
Vilosed 2/22/23 - Reopened 8

3. Federal reserve district

Ninth

./

Town or City

4/21/25

Allen

County

.
Population of town or city

Member or nonmember of F. R System

4. Number of branches operated: In city of parent bank_ None

•

Outside city of parent bank**

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

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


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Federal Reserve Bank of St. Louis

Eau Claire
150

6. Condition figures, as of (date*)

April 21, 1925

Loans and discounts:

$12,000.00

On real estate

84,273.07

Other

$ 96,273.07

Total loans and discounts

None

Real estate acquired in satisfaction of debts

All other resources

oc\

Bonds

Investments

500.00

8,284 41
9
105,977.24

.

I"r6fit and Loss

Total resources

15,000.00

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

20,177.88

Time deposits, including postal savings

17,084.36
$ 37,262.24

Total deposits
Borrowings from F. R. bank

53,715.00

Borrowings from other banks
All other liabilities

105,977.24

Total liabilities
7. Has this bank been reopened?

No

If so give:

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

Amount of loss

Per cent of loss
to claims

$ Loss cannot be ascertained
as yet because we are still
in liquidation.

General claims
Total
* Condition items should be as of date of suspension, if possible, 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? No

If so give:

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

Per cent of loss
to claims

Amount of loss

$ None

Secured claims
Preferred claims
General claims
Total

If so give payments to date:
9. Is this bank still in process of liquidation? Yes
(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Secured claims
Preferred claims. . .
85,967.87 15,674.80
General claims
Total claims. . .. 85,967.87
10. Has this bank been finally liquidated?
Daje liquidation was completed

No

Payments from
guaranty fund

None

Total payments

15,674.80

Per cent of payments
to claims allowed

tke4

If so give:

Collections:
From liquidation of assets To 12/31/30

$37,527.99
13,000.00

From assessments on shareholders
Other collections (explain)

52,544.77

Total collections
Offsets to claim (loans paid, etc.)
Payments to depositors:
Claims allowed

Secured claims
Preferred claims. . .
General claims
Total claims


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Federal Reserve Bank of St. Louis

635.51
(Amounts in dollars)

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

8,642.80

20%

7,032.00
15 674.80

20%

.
20%

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data 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 •
or agriculture -d
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?


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Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

S

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

pg State bank
0 Trust company
O Stock savings bank

O Mutual savings bank

WISCONSIN

O Private bank

1. Name of bankAltoon.a State Bank

2. Date organized 7/1/19

3. Federal reserve district

Town or City Altoona

County Eau Claire

Date suspended 12/2/25Population of town or city*

Einth

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

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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Federal Reserve Bank of St. Louis

No

1000

Non

Dec. 2, 1925

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

$ 60,398.57

Total loans and discounts

6,888.59

Real estate acquired in satisfaction of debts

1,:\ 7,473.50

Investments

Fur. & Fix.
3,011.98
& due from Bks. 23,877,39
All other resources.0
Total resources

26,889.32
101,649.98
10,000.00

Capital

1,186.76

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

$67,051.97

Total deposits
Borrowings from F. R. bank

9,750.00

Borrowings from other banks
All other liabilities

Drafts unpaid.

13,661.25
101,649.98

Total liabilities

No '

7. Has this bank been reopened?

If so give:

Date of reopening
Name under which reopened__
Loss to depositors on:
Secured claims

Amount of loss

Per cent of loss
to claims

None
It

Preferred claims
It

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

NO

If so give:

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

Per cent of loss
to claims

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

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

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

9750.00
/
564.07
Preferred claims. ..
74 801.72
General claims.. . . /

9,750.00
564.07

Secured claims. . . .

Total claims.. . .

Total payments

74,801.72
G:,
?
' -• , 1 1,5)r i 1

5-,1 )5;
- 71

Per cent of payments
to claims allowed

100%
100%
100%
\ 0 0 tl 0

If so give:

2/6/28

Date liquidation was completed
Collections:

$ 49,113.24

From liquidation of assets

9,633.50

From assessments on shareholders

507.50

Other collections (explain)

59,254.24

Total collections
Offsets to claim (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
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
National bank
Name of State

on State bank

ElI
LI

Trust company
Stock savings bank

Mutual savings bank
I
O Private bank

WISCONSIN.

•
1. Name of bankFar•

2. Date organized

& iVier. State Bank

125.4/16

3. Federal reserve district

Date suspended

Town or City

6/25/28

Ninth

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

Argonne

County

Population of town or city*

Member or nonmember of F. R. System__

None

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

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


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Federal Reserve Bank of St. Louis

No

Forest
850
Non

6. Condition figures, as of (date*)

June 25, 1928

Loans and discounts:
$35,000.00

On real estate

81,268.88

Other

$ 116,268.88

Total loans and discounts

7,750.00

Real estate acquired in satisfaction of debts
\X

Investments

14,983.21
4,694.71

All other resources

143,696.80

Total resources

25,000.00

Capital

4,936.67

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

70,487.43

Time deposits, including postal savings

38,272.70
$ 108,760.13

Total deposits
Borrowings from F. R. bank

5,000.00

Borrowings from other banks
All other liabilities

143,696.80

Total liabilities
7. Has this bank been reopened? No

If so give:

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

Amount of loss

Per cent of loss
to claims

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


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

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

Ye S

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Secured claims. . . .

Dividends paid from
collections

Payments from
guaranty fund

51 000.0

Total payments

Per cent of payments
to claims allowed

5,000.00

100%

44,061.78
44;tZ —t8

45 ,
45.

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

97,991.7
97,991.7

44,061.78
44 061 78

10. -Has this bank been finally liquidated?

No

If so give:

Date liquidation was completed
Collections:
From liquidation of assets

To 12/31/30

$ 44,316.83
12,799.02

From assessments on shareholders

1,079.33

Other collections (explain)

58,195.18

Total collections
Offsets to claim (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
I, 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

Li

National bank
Name of State

El State bank

70

0 Trust company

El Stock savings bank

Li Mutual savings bank
0 Private bank

WISCONSIN

•
1. Name of bankCommercial

2. Date organized

7/17/09

3. Federal reserve district

State Bank

Date suspended

Town or City

8/4/30 f

Seventh '

County

None

Outside city of parent bank**

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

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


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

LaFayette

Population of town or city*

Member or nonmember of F. R. System

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

41

A-rgYle

No

701
Non

6. Condition figures, as of (date*)

August 4, 1930 "Date of Closing."

Loans and discounts:

$ 33,608.84
368,825.81

On real estate
Other

$ 402,434.65

Total loans and discounts

15,800.00

Real estate acquired in satisfaction of debts

451-

Investments

None

45,057.66

All other resources

463,292.31

Total resources
Capital

32,000.00

Surplus and undivided profits

20,358.77

Deposits:

$ 157.21

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

109,115.13

Time deposits, including postal savings

200,749.74
310,022.08
None

Total deposits
Borrowings from F. R. bank

93,145.00

Borrowings from other banks

7,766.46

All other liabilities

463,292.31

Total liabilities
7. Has this bank been reopened?

No

If so give:

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

Amount of loss

Per cent of loss
to claims

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


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

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation? Yes

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Secured claims. . . . 93,145.00 37,584.97
Preferred claims. .

None

11339•26 11 339.26

,

431.81

None

96
General claims. . .•/

Total claims. . .

Payments from
guaranty fund

None

Total payments

Per cent of payments
to claims allowed

37,584.97

40%

11/ 339.26

100%

None

cki4z laa.

00/ 916.07

10. Has this bank been finally liquidated?

No

If so give:

Date liquidation was completed
Collections:
To 12/31/30

From liquidation of assets

$

57,718.88

From assessments on shareholders

6,350.00

Other collections (explain)

5,676.08
69,744.76

Total collections
$

Offsets to claim (loans paid, etc.)

10,826.31

Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Secured claims

Preferred claims
General claims
Total claims


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

,

Per cent of payments
to claims allowed

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

Primary
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

Ilk

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

Name of State

State bank
Trust company

O

Stock savings bank

1JiSCONSIN

O Mutual savings bank
O Private bank

•
1. Name of bank Far.

2. Date organized

& Me r. State Bank

10/22/21

3. Federal reserve district

Date suspended

Town or City

9/21/25

Ninth'

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

Bayfield

County

Population of town or city*

Member or nonmember of F. R. System

i\Tone

Outside city of parent bank**

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

* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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

Bayfle 1d.
1500
Non

Sept. 22, 1925

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

41,972.04

Other

$

Total loans and discounts

41,972.04

Real estate acquired in satisfaction of debts
Investments
All other resources

?urn & Fix. due from Banks 'viols

9,583.33
51,555.37

Total resources

25,000.00

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

8,154.47
15,400.47
$ 23,554.94

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

1,025.00

All other liabilities

1,975.43
51,555.37

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?

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

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

23,972.27 16,780.53
23,972.27

10:Thas this bank been finally liquidated?
Date liquidation was completed

No

16,780.53
,
) le

70%

I

If so give:

Collections:

To 12/31/30

From liquidation of assets

$ 15/15995
5,340.00

From assessments on shareholders

2,015.85

Other collections (explain)

22,515.80

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

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,
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 othenvise, on the directors or stockholders either before or after the
bank suspended


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

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

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

Ec] State bank
0 Trust company

El Stock savings bank
0 Mutual savings bank
0 Private bank

WIS.CONSIN

•
1. Name of bank

Farmers State Bank

2. Date organized

8/9/09

3. Federal reserve district

Date suspended

Town or City

4/22/30

S eventh

Belmont

county_LaFayett

Population of town or city* 500

Member or nonmember of F. R. System

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

Non

None

Outside city of parent bank**

•

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

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


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

No

April 22, 1930

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

$ 85,592.70
900.37
277,595.64

On real estate
Other

900.37
363,188.34

$

Total loans and discounts

17,275.47

Real estate acquired in satisfaction of debts
\
3,00'7.65
P. & Fix
All other resources.Due..A.N...Res....3.0,.95.7..21. Cashland 5741 69
••". items 115 31
s
Total resources

)38,000.00

Investments

39,821.86
459,186.04

Capital

20,000.00

Surplus and undivided profits

32,886.77

Deposits:
626.00

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

118
,
323.68

Time deposits, including postal savings

242,349.59
$ 361,299.27

Total deposits
Borrowings from F. R. bank

45,000.00

Borrowings from other banks
All other liabilities

459,186.04

Total liabilities
7. Has this bank been reopened?

Yes

If so give:

Date of reopening Aug. 15, 1930
Name under which reopened___Same
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

None

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


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

•

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

None

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. ..

No clailTs filed.

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

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

If so give:

Collections:
From liquidation of assets

To 8/15/30

$106,075.32

From assessments on shareholders

Cashier Bond & Nis

Other collections (explain)
Total collections

10,107.66
116,182.98

Offsets to claim (loans paid, etc.)
Payments
to depositors:
_-

Claims allowed

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


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

(Amounts in dollars)
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,
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
E] National bank
Name of State

[2] State bank

O
O
O
O

Trust company
Stock savings bank

TI

Mutual savings bank

ONSIll

Private bank

1. Name of bank Black :Hawk State

Town or CityBk ck Hawk

P.O. Spring Green

2. Date organized10/31/14

Date suspended 12A50/29

3. Federal reserve district Seventh

CountySauk

Population of town or city*

Member or nonmember of F. R. System

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

'Ion

ITo ne

Outside city of parent bank**

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

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


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

100

I To

6. Condition figures, as of (date*)

-7-)°C •

1.2

Loans and discounts:
On real estate
Other

$

Total loans and discounts

137,488.40

Real estate acquired in satisfaction of debts
\./.-A

Investments

Banking House
2,500.
All other resources F. e.z..F. 1,975...00.

30,400.00

Cash & due from
20,3158,22
BankP

24,833.22
192,721.62

Total resources
Capital

10,060.00

Surplus and undivided profits

10,969.92

Deposits:
379.67

Due to banks**

45,648.37

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

117,723.66

$

Total deposits

163,751.7J

Borrowings from F. R. bank
8,,,00.00 •

Borrowings from other banks
All other liabilities

192,721.62

Total liabilities

YesIf so give:

7. Has this bank been reopened?
Date of reopening

Jan. 14, 1930

Name under which reopened
Loss to depositors on:

NONE

Same
Amount of loss

Per cent of loss
to claims

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

finally liquidated?
• 10. Has this bank been
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
t. 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?

4)

0

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
[:] National bank
Name of State

g State bank
12 Trust company
El Stock savings bank

O

Mutual savings bank

O

Private bank

WISCONSIN

•
1. Name of bankB lack

Hawk State Bank

Town or City

Black Hawk

County

Sauk

/ Sy,34)
2. Date organ

10/31/14
Date suspend
1-930----e-±ase

3. Federal reserve district

S eve nth

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

pulation of towiji q1city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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

No

100
Non

6. Condition figures, as of (date*)

Feb. 2

1930

Loans and discounts:
01,309.28

On real estate

91,199.88

Other

221.87
$ 122,509.16

Total loans and discounts

2,500.00

Real estate acquired in satisfaction of debts

17,500.00

Investments
All other resources

.0
ue

Cash
4,225.87
1975.00
App.Res. Banks 9,612.10

from

15,812.97
158,544.00

Total resources

10,000.00

Capital

1,726.49

Surplus and undivided profits
Deposits:
$

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

2,045.35
40,571.26
96,200.90
$ 138,817.51

Total deposits
Borrowings from F. R. bank

8,000.00

Borrowings from other banks
All other liabilities

158,544.00

Total liabilities

7. Has this bank been reopened?
Date of reopening

Yes

If so give:

May 2, 1930

Name under which reopened__ Same
Loss to depositors on:

'
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claimsPut in segregated. trust 38,193.13

15%

38,193.13

15%

Total

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims

None

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. . .

145,241.9 107,048.80
Total claims. . .. 145,241.9 107,048 80

107,048.80
107,048.80

General claims

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

85%
85%

If so give:

Collections:

$ 9,660.63
10,000.00

From liquidation of assets...T.Q.5/2/30
From assessments on shareholders

Overdrafts

Other collections (explain)

221.87
19,882.50

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

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,
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

If

e 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
BRANCII, GROUP AND CHAIN BANKING

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

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

National bank

O

State bank

Name of State

O Trust company

Ei Stock savings bank

O

Mutual savings bank

WISCONSIN

O Private bank

•
1.

Name of bank

2. Date organized

Home Bank of Blair
3/20/03

3. Federal reserve district

Town or City

Date suspended__1
5 27/30

Ninth

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

Blair

County

Trempealeau

Population of town or city*

Member or nonmember of F. R. System

700
Non

None

Outside city of parent bank**

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

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


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

No

6. Condition figures, as of (date*) May 27, 1930
Loans and discounts:
On real estate

301,128.53

Other

196,893.06
$ 498,021.59

Total loans and discounts

21,368.50

Real estate acquired in satisfaction of debts
Investments
Due from App. Res.
All other resources..0aSh

986
hand.644-1-

R

F&F 500.00

bOU.00
7,428.23
527,318.22
30,000.00

Total resources
Capital

32,196.38

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

$ 8,364.29
77,306.42
363,451.23
$ 449,121.94

Total deposits
Borrowings from F. R. bank

16,000.00

Borrowings from other banks
All other liabilities

527,318.32

Total liabilities
If so give:
7. Has this bank been reopened? Yes
December 10, 1930'
Date of reopening D
Name under which reopened Same
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claim§

•

Preferred claims
General claims Segregation to trust

290,559.02

66 2/3%

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
N017,

Total

If so give payments to date:
9. Is this bank still in process of liquidation? No
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

.

Secured claims. . . . 1b,000.00
Preferred claims. . .
837.86
'
General claims. .. . 35

Total payments

16/000.00
145,278.84

Per cent of payments
to claims allowed

100%
33 1/3%

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

If so give:

Collections: To 12/10/30
From liquidation of assets

$13,284.08

From assessments on shareholder
Transfer—from loan
Other collections (explain) u fl 1.

37,500.00
11,900.00
62,684.08

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

•

Claims allowed

Secured claims

.

Preferred claims
General claims. . . .
Total claims


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

(Amounts in dollars)

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
it 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
BRANCII, GROUP AND CHAIN BANKING

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

X] State bank
O Trust company
O Stock savings bank
0 Mutual savings bank

VasC ONSIN

O Private bank

1. Name of bankUllion

State Bank

2. Date organized 6/24103

3. Federal reserve district

Town or City

Date suspended_ 2/5/29

Seventh •

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

id le
Blanchard- CountyLaFayet
te
Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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

No

670
Non

6. Condition figures, as of (date*) February 4, 1929
Loans and discounts:

•

On real estate

$71,376.99

Other

278,239.11
$ 349,616.10

Total loans and discounts

60,611.04

Real estate acquired in satisfaction of debts

') J\ 17,104.72

Investments

20,010.26

All other resources

447,342.12

Total resources
Capital

55,000.00

Surplus and undivided profits

18,163.88

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

127,929 48

Time deposits, including postal savings

166,466.81
$ 294,396.29

Total deposits
Borrowings from F. R. bank

79,781.95

Borrowings from other banks
All other liabilities

447,342.12

Total liabilities
7. Has this bank been reopened?

No

If so give:

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

Amount of loss

Per cent of loss
to claims

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


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

•

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation? Ye s
(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Secured claims. . . 80,000.00 80,000.00
959.9
959.90
Preferred claims
44,182.74 73,244.18
General claims
25,142.6 154.1 204.08
Total claims
• 10. Has this bank been finally liquidated?
Date liquidation was completed

No

Payments from
guaranty fund

None
II

It

ti

Total payments

Per cent of payments
to claims allowed

80,000.00
959.90
73,244.18

—4221—X

1541 204.08

47.4

. :r
.--1..

If so give:

Collections:
From liquidation of assets To 12/31/30

$129,549.92

From assessments on shareholders

48,575.19

Other collections (explain)

25,974.76

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

(Amounts in dollars)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

—

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


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

_

Per cent of payments
to claims allowed

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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 CIIAIN BANKING

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

gi

State bank

E

Trust company

53

Name of State

[1] Stock savings bank
Li

Mutual savings bank

LI

Private bank

WISCONSIN

•
1. Name of bank

The Farmers Bank

2. Date organizecL 1/13/03

3. Federal reserve district

Town or City

Date suspended _2/27/28

Seventh

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

Browntown

County

Population of town or city*_

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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

No

Green
250

Non

6. Condition figures, as of (date*) February 27, 1928
Loans and discounts:
$ 29,698.64

On real estate

130,996.03

Other

$ 160,694.67

Total loans and discounts

None

Real estate acquired in satisfaction of debts
L\

Investments

28,132.96

All other resources

188,827.63

Total resources

20,000.00

Capital

4,000.00

Surplus and undivided profits
Deposits:
$

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

None
138,790.64
None
$ 138,790.64

Total deposits
Borrowings from F. R. bank

None

Borrowings from other banks

25,000.00
1,036.99

All other liabilities

188,827.63

Total liabilities
7. Has this bank been reopened? No

If so give:

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

Amount of loss

Per cent of loss
to claims

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


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

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Secured claims.
Preferred claims

Dividends paid from
collections

25,000.01 25,000.00
None
None

Payments from
guaranty fund

None
u
11

120,769.5k 601 378.01
145,769.51 85,378.01

General claims
Total claims

10. Has this bank been finally liquidated?

No

u

Total payments

Per cent of payments
to claims allowed

25,000.00
None

100%

60 378.01
85,378.01

50%
58.2%

None

If so give:

Date liquidation was completed
Collections:
From liquidation of assets

To 12/31/30

$ 90,031.49
19,550.00

From assessments on shareholders
Other collections (explain)...

6,632.41

C.

116,213.90

Total collections

$ 19,124.19

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

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,
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

A State bank
0 Trust company
[1] Stock savings bank
0 Mutual savings bank

WISCONSIN

D Private bank

•
1. Name of bank State

Bank of Bruce

2. Date organized 7/1/°2

3. Federal reserve district

Date suspended

Ninth

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

Town or City

3/4/27

Bruce

County

Population of town or city*

561

Member or nonmember of F. R. System____N°I1

None

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

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


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

Rusk

No

6. Condition figures, as of (date*)

March 4, 1927

Loans and discounts:
$

On real estate

20,140.00
208,408.96

Other

$

Total loans and discounts

228,548.96
20,300.00

Real estate acquired in satisfaction of debts
ri,t

Investments

9,480.00
17,523.93

All other resources

275,852.89

Total resources

25,000.00

Capital

3,779.59

Surplus and undivided profits
Deposits:
$

Due to banks**

None

Demand deposits, including U. S. Govt. deposits

105,814._85

Time deposits, including postal savings

124,439.59
$ 230,254.44

Total deposits

None

Borrowings from F. R. bank
Borrowings from other banks

10,000.00

All other liabilities

35,598.45
275,852.89

Total liabilities
7. Has this bank been reopened? No

If so give:

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

Amount of loss

Per cent of loss
to claims

$

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


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

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

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?

Yes

If so give:
311 1930

Date liquidation was completed De C
Collections:

$ 115,551.42

From liquidation of assets

12,679.17

From assessments on shareholders
2,000.00

13,920.32
(explain) Rents, Cashier's Bond,
Qther collections(
interest dc Pascellaneous revenue
142,150.91
Total collections
$

Offsets to claim (loans paid, etc.)

26,646.23

Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

I

Taal payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims
General claims
‘
Total claims


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

110.00

110.00

110.00

213,487.50

126 ,344.60

L26,344.60

213,597.50

100%
58.
,

I gbf kro- 1,(,. 0

Sclia

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,
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

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

WISCONSIN

Mutual savings bank

O Private bank

•
1. Name of bankFar.

2. Date organized

& Mer. Exchange Bk. Town or City

9/1/20

3. Federal reserve district

Date suspended

11/6/26

Ninth

"

Cadott

County_

Population of town or city*

None

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

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


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

723
Non

Member or nonmember of F. R. System

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

Chippewa

No

Nov. 6, 1926

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

$ 90,954.31

Total loans and discounts

13,148.95

Real estate acquired in satisfaction of debts
Investments

Fur. & Fix. -':?1345.42
5746...55
.Due..fro .banks

All other resources. .Cab.

()\\
7,091.97
111,195.23

Total resources

15,000.00

Capital

3,685.11

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

25,611.42

Time deposits, including postal savings

62,898.70

Total deposits
Borrowings from F. R. bank
4,000.00

Borrowings from other banks
All other liabilities

111,195.23

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?

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

If so give payments to date:
(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. . . .

' Yes
If so give:
• 10. Has this bank been finally liquidated.
Sent.
17,
1928
was
completed
Date liquidation
Collections:
$

From liquidation of assets

87,397.82
10,796.01

From assessments on shareholders
Other collections (explain)Bond D650.00 MiSQ.

1,654.77
99,848.60

Total collections

18,347.13

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims. . .

General claims . . . . 82,246.15
Total claims


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

76.37

76.37

_82_,_322.52

69,296.03

69I_296•03
_
69 * 372.40

100%
84.2%
S)kl13

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

•

Agriculture

If so, state what industry or type of agriculture

Investments in unimproved Lands.

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

1925

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

Yes

If so, give dates and amounts of all assessments

50% in 1925 - $7,500.00
Upon closing 100% - collected $10,796.01


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

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

Type of bank reported—check
appropriate one of the following

Li National bank
10:41

76

Name of State

State bank

[1] Trust company
El Stock savings bank
Mutual savings bank

WISCONSIN

Li Private bank

1. Name of ban

Bank of Cam ia

2. Date organized

11/6/18

3. Federal reserve district

Date suspended

Town or City

6/1/23

Ninth

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

•

Campia

County

Population of town or city*

Barron
250

Member or nonmember of F. R. System___N°

None

Outside city of parent bank**

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

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


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

No

June 1, 1923

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

$

On real estate

6,860.00
42,225.61

Other

$ 49,085.61

Total loans and discounts

281.07

Real estate acquired in satisfaction of debts

4,500.00

Investments
All other resources

Cash & cash items

2,508.47
56,375.15

Total resources

10,000.00

Capital

1,315.47

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

17,706.47
9,950.84
$ 27,657.31

Total deposits
Borrowings from F. R. bank

17,402.37

Borrowings from other banks
All other liabilities

56,375.15

Total liabilities
7. Has this bank been reopened?

„
-L\ CI

If so give:

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

Amount of loss

Per cent of loss
to claims

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims

/
739.43
24

General claims-

57.1%

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

•

'If so give payments to date:

A ot,14 in dollars)
Claims allowed

Dividendsf)aid from
collections
;

1Payments from
guaranty fund
-,..,
,

Per cent of payments
to claims allowed

Total payments

Secured claims. . . .
/

Preferred claims . .
General claims. .. .

.

.06 18,581.63

18,581.63

„
'
..--,12.9%
.....,

Total claims. . ..

10. Has this bank been finally liquidated?

Yes

If so give:

April, 1926

Date liquidation was completed
Collections:

$ 20,903.37

From liquidation of assets
From assessments on shareholders......
h Bbha *********
Misc.
Other collections (explain)

200.00
2,000.00

66.50
23,169.87

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims
General claims
Total claims


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

43,321.06

lei58-1.(03

tfi,7

43,321.06 18,581.63

18,581.63

42.9

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

Lii National bank
rg4

State bank

Li
Li
Li
Li

Trust company

22

Name of State

Stock savings bank
Mutual savings bank

WISCONSIN

Private bank

•
1.

Badger
Name of bank__

State Bank

2. Date ,
oir5anized 11/3/10

3. Federal reserve district

Town or City Cassville

Date suspended 4/17/30

Seventh

County

Population of town or city*_ 1000

Member or nonmember of F. R. System

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

Grant

Non

None

Outside city of parent bank**

410

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

* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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

April 17, 1930

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

$ 54,100.00

On real estate

382,607.42

Other

$436.707.42

Total loans and discounts

17,710.00

Real estate acquired in satisfaction of debts
kAi5ck

Investments

25,988.16

All other resources

480,405.58

Total resources
Capital

10.000.00

Surplus and undivided profits

15,987.52

Deposits:
$ None

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

130,577.87

Time deposits, including postal savings

264,091.32
$ 394,669.19

Total deposits
Borrowings from F. R. bank

39,748.87

Borrowings from other banks
All other liabilities

480,405.58

Total liabilities
7. Has this bank been reopened?

Yes

Date of reopening Feb. 24
Name under which reopened
Loss to depositors on:

If so give:
1931 -

Same
Amount of loss

Per cent of loss
to claims

Secured claims
segregated. trust
Preferred claims Put in
General claims
Total

126,255.66

33 1/3

126,255.66

33 1/3

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

II/

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
None

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

39,748.87
Secured claims. . . . 39,748.87

Total payments

39,748.87

Preferred claims . .

None

General claims. ..

78,766.98 252 511.32

'52,511 32

Per cent of payments
to claims allowed

100°7
/0

66 2/3%

Total claims. ..

10. Has this bank been finally liquidated? _ No

If so give:

Date liquidation was completed
Collections:

To 12/31/30
$ 70,710.82

From liquidation of assets
From assessments on shareholders

3,205.02

Other collections (explain)

73,915.84

Total collections

$ 13,507.61

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

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


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

,

Per cent of payments
to claims allowed

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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

fi

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

10

National bank

[g]

State bank

ID

Trust company

Name of State

O Stock savings bank
El

Mutual savings bank

WISCONSIN

D Private bank

•
1.

Name of bankFar

2. Date organized

&

:ger. State Bank

9/3/03

3. Federal reserve district

Date suspended

Town or City

12/30/26

Ninth

Chetek

County

Population of town or city*

Member or nonmember of F. R. System

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

None

Outside city of parent bank**

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

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


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

Barron
1200
Non

Dec. 30, 1926

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

$

On real estate

273,495.76
211,109.30

Other

$ 484,605.06

Total loans and discounts

90,534.11

Real estate acquired in satisfaction of debts
Investments

4t

Fil660DR9 92s8A MO.2986
S;42u:96*

items
uasn.

All other resources.

iml$ -57:05*apelin-

2,900.00

21,595.41
599,634.58

Total resources
Capital

35,000.00
2,650.00

Surplus and undivided profits
Deposits:
$

Due to banks**

8,177.57

Demand deposits, including U. S. Govt. deposits

112,854.90

Time deposits, including postal savings

374,042.11
$ 495,074.58

Total deposits
Borrowings from F. R. bank

66,910.00

Borrowings from other banks
All other liabilities

599,634.58

Total liabilities
7. Has this bank been reopened?
Date of reopening

Yes

If so give:

April 4, 1927

Name under which reopened
Loss to depositors on:

Same
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
cr
trust
cp
General claims Put in segregated

124,938.42

30%

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

No

If so give:

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

Per cent of loss
to claims

Amount of loss

Secured claims
Preferred claims
General claims
None

Total
9.

If so give payments to date:
Is this bank still in process of liquidation? No
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Secured claims. . 66,910.00
Preferred claims
.
General claims. ..16,461.41

Total payments

Per cent of payments
to claims allowed

66,910.00

10007

.91,522 99

70%

Total claims
10.

Has this bank been finally liquidated?
Date liquidation was completed

No

If so give:

To April 4, 1927
Collections:
From liquidation of assets
35,000.00

From assessments on shareholders
Other collections (explain)

35,000.00

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

Claims allowed

claims
Preferred claims
General claims
Total claims

(Amounts in dollars)

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Secured


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

_

Per cent of payments
to claims allowed

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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
E] National bank
Name of State

cE State bank
El Trust company
ri Stock savings bank

WIS CONSIN

Li Mutual savings bank
Li Private bank

•
1. Name of bank

2. Date organized

Peoples Bank
Aug

3. Federal reserve district

1907

Town or City

Date suspended[VlaY

Ninth'

Clear Lake

County

16,1924 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

Polk
800
Yes- 11thn

6. Condition figures, as of (date*)

May 16, 1924

Loans and discounts:

$ 63,285.00

On real estate
Other

135,725.36

(overdrafts)

$ 199,010.36

Total loans and discounts

2,963.47

Real estate acquired in satisfaction of debts
Investments

.•.. HQMP.

All other resource

.612.771

54.
ort

229,911.58

Total resources

25,000.00

Capital
Surplus and undivided profits
Deposits:

$

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

2,490.07
67,504.76
80,833.88

Time deposits, including postal savings

$ 150 828•71

Total deposits
Borrowings from F. R. bank

54,080.00

Borrowings from other banks
All other liabilities (Cash

2.87

over)

229,911.58

Total liabilities

Yes
If so give:
June 16, 1924

7. Has this bank been reopened?
Date of reopening

Name under which reopened
Loss to depositor's on:

Same
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

NONE

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


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
Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims

None

Total

/
No.1\

9. Is this bank still in process of liquidation?

If so give payments to date:

Ai--nountOn dollars)
Claims allowed

Dividends paid from
,. collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

Secured claims. .
Preferred claims. ..

NO C ;im filed

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

liquidated?
• 10. Has this bank been finally
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

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,
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
O

National bank
Name of State

EF State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

WISCONSIN

O Private bank

•
1. Name of bank

2. Date organized

Bank of Colfax

8/18/03

3. Federal reserve district

3 11/26
Date suspended___/

Ninth

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

•

Town or City

Colfax

County

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

No

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

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


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

Dunn

1000

Non

3/11/26

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

127,635.88

Other

205,015.28
$

Total loans and discounts

332,651.16
26,242.20

Real estate acquired in satisfaction of debts
Investments

700.00
6,825..12

Expense

All other resources

banks

Bank building
Total resources

/6:288.:g2
10,000.00

68,325.96
427,919.32
30,000.00

Capital

68.59

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

75,153.29
259,751.21
$ 334,904.50

Total deposits
Borrowings from F. R. bank

60,000.00

Borrowings from other banks
All other liabilities

Earnings

2,946.23
427,919.32

Total liabilities
7. Has this bank been reopened?

J.W

If so give:

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

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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? No

If so give:

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

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims

ts91

51.2%

,808.91

51.2%

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

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

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims
General claims
Total claims

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

Yes
If so give:
October 6, 1927

Collections:
$

From liquidation of assets

150,000.00
14,000.65

From assessments on shareholders
Other collections (explain)recoveries 80 rents

267.09
164,267.74

Total collections

$

Offsets to claim (loans paid, etc.)

14,307.17

Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

5,298.1

51 298.11

Preferred claims . . . 326,172.3

159,363.43

Secured claims. . . .


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

Total payments

Per cent of payments
to claims allowed

100%
48.8%
..

General claims
Total claims. . ..331

Payments from
guaranty fund

LI 1 0. '16

1 lyJ 1,4f,.5"" L'i
),

50i 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,
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

s/

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 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
• National bank
Name of State

• State bank
0 Trust company
0 Stock savings bank
O

Mutual savings bank

WISCONSIN

O Private bank

O
1. Name of bank

2. Date organized

Crivitz State Bank
12/9/12

3. Federal reserve district

Town or City

/27
Date suspended 12/28

Crivitz

County

Marinette

Population of town or city*_

450

Seven
th'Non
Member or nonmember
of F. R. System

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

None

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

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


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

No

6. Condition figures, as of (date*) Dec. 22, 1927 (closing date)
Loans and discounts:
$41,328.19

On real estate

54,228.49

Other

$ 95,551.68

Total loans and discounts

25,560.65

Real estate acquired in satisfaction of debts
\()')

Investments

7,057.32
19,822.75

All other resources

147,992.40

Total resources

25,000.00

Capital

2,000.00

Surplus and undivided profits
Deposits:
$ 1,455.33

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

Says.
Time

33,093.04
22,402.88
57,573.89
$ 114,525..14

Total deposits
Borrowings from F. R. bank

4,000.00

Borrowings from other banks (Rediscounts) ..

29,467.26

All other liabilities

147,992.40

Total liabilities
7. Has this bank been reopened? N°

If so give:

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

Amount of loss

Per cent of loss
to claims

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

To 12/31/30

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

None
52.83( )
52.83
...
Preferred
claims11 / 151.38*
70/ 604.23
General claims
70,657.06
12,204.21
Total claims..:

Secured claims. . . .

Payments from
guaranty fund

No
it
it
it

52.83
70,604.23
70,657.06

1,763.96 Claims of depositors, 387.42 kisc. claims

4ii

10. Has this bank been finally liquidated? 110

Total payments

If so give:

Per cent of payments
to claims allowed

100
63
63

a) U. S. Post Office.

Date liquidation was completed
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

Secured claims
Preferred claims. . .
General claims
Total claims


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

.

Total payments

Per cent of payments
to claims allowed

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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

46

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
Name of State

g

State bank

LII

Trust company

LII

Stock savings bank

O

Mutual savings bank

WISCONSIN

O Private bank

1. Name of bank Island

2. Date organized

City State Bank

8/22/03

3. Federal reserve district

Date suspended_ 1/10/29

Ninth

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

•

TownorCity

Cumberland

Barron

County

1500

Population of town or city*

Member or nonmember of F. R. System

Non

None

Outside city of parent b'ank**

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

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


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

No

January 10, 1929

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

$ 226,281.42

Total loans and discounts

16,900.00

Real estate acquired in satisfaction of debts

NONE

Investments

14,353.62

All other resources

257,535.24

Total resources

25,000.00

Capital

5,268.50

Surplus and undivided profits
Deposits:
$

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

NONE
52,831.71
149,435.03
$ 202,266.74

Total deposits

NONE

Borrowings from F. R. bank

25,000.00

Borrowings from other banks

NONE

All other liabilities

257,535.24

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?

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
Ye s

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

25,000.00

NONE

25P 000.00

100%

General claims. . . . 1961 037.9. 13,718.25

NONE

13,718.25

7%

Total claims. . . . 221,037.9. 38,718.25

NONE

38 P 718.25

25,000.01

Secured claims
Preferred claims. .. ___.

NONE

10. Has this bank been finally liquidated?

No

17,5

If so give:

Date liquidation was completed
Collections:
From liquidation of assets

To

12/31/30

$ 55,561.80
6,775.00

From assessments on shareholders

5,625.10

Other collections (explain)

67,961.90

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

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,
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

46

Name of State

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

VTISGONSIN

• Private bank

•
L Name of bank

2. Date organized

State Bank ofCylon
10/9/16

3. Federal reserve district

Date suspended

Ninth

v

Cylon

7/1/27

Population of town or city*

County

Member or nonmember of F. R. System

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

•

None

Outside city of parent bank**

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

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


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

St. Croix

Town or City

200
Non •

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

$ 16,620.51

Total loans and discounts
Real estate acquired in satisfaction of debts

...

Investments..

.0.Q tgte)

2,000.00
5,773.62
24,394.13

All other resources
Total resources

10,000.00

Capital

6,990.09 (0.D.)

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

9,184.92
11,784.47
$ 20,969.39

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

414.83

All other liabilities

_24 394.12

Total liabilities
7. Has this bank been reopened?

No

If so give:

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

Amount of loss

Per cent of loss
to claims

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


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

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims. .. 1 9 472•22

1,472.44
30,576.76 9,172.97 _
General claims... .
Total claims. . . . 325 048.98

,
I:

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

No

30%
,,, _ , k

If so give:

Collections:

$15,982.06
887.45

From liquidation of assets..To..12/31/30
From assessments on shareholders

3,366.02

Other collections (explain)

202,235.53

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

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 siata 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 •
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

ET State bank
O Trust company
• Stock savings bank
O

Mutual savings bank

o

Private bank

WIS CONSIN

•
Danbury State
1. Name of bank_

2. Date organized

6-16-16

3. Federal reserve district

Date suspended

Town or City

iT° V •

Uinth

County

191;bri:lulation of town or city* 2`-c:
'°

.U01€

Outside city of parent bank**

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

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


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

Burnett

Member or nonmember of F. R. System Non

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

•

Danbury •

Lo

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
79,203.4E>

Total loans and discounts

3,469.93

Real estate acquired in satisfaction of debts
Investments
Bank House, F.
Fix.
r.; s h
All other resources

7
601.3
5,087.00
2e86,gE3

Transit
665.60
Expense 1,63.59

E,292.47
'31,567.61

Total resources

10,000.00

Capital

2000.00

Surplus and undivided profits
Deposits:
$

Due to banks**

7,880.00
25,640.

Demand deposits, including U. S. Govt. deposits

1C+ 444..47

Time deposits, including postal savings

067.61

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

Bills "ayable
.aer,iscounts

24,500
3.,000

27,500.00

All other liabilities
Total liabilities
7. Has this bank been reopened? Yes
Date of reopening

If so give:

Dec. 1, 1925

Name under which reopened
Loss to depositors on:

Danbury Otate Dznk

Lone

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
200-; assessment was 'aid in
* Condition items should be as of date of suspension, if possible, 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:
(Amounts in dollars)

Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

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

10. Has this bank been finally liquidated?

If so give:

Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to 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
I. 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

fl,

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

87

Name of State

X1 State bank
0 Trust company
0 Stock savings bank
0 Mutual savings bank

vas GO.-[,TSIN

0 Private bank

1. Name of bank

Danbury State Bank

Town or City

9/16/26
2. CjitOseT.11.8/9,g61/1ropeneliatiViern
3. Federal reserve district

Ninth /

County

Population of town or city*

Member or nonmember of F. R. System

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

•

Danbury

None

Outside city of parent bank**

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

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


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

No

Burnett
280

Non

6. Condition figures, as of (date*) September 15, 1926
Loans and discounts:
On real estate
Other

$ 60,685.14

Total loans and discounts

10,336.93

Real estate acquired in satisfaction of debts

(;)'

Investments
All other resources

Cash 918.57 F&F 2487.00

648.08
3,405.57

75,075.72

Total resources

10,000.00

Capital

1,509.98

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

20,439.90

Time deposits, including postal savings

18,317.14
$ 38,757.04

Total deposits
Borrowings from F. R. bank

23,008.07

Borrowings from other banks

Rediscounts

All other liabilities

75,075.72

Total liabilities
7. Has this bank been reopened?

1,800.00

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?

No

If so give:

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

Loss to depositors on:
Secured claims
Preferred claims
General claims

85%

Total

85%
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?
Date liquidation was completed

Yes

If so give:
30,
1927
Dec.

Collections:
$ 4,982.34

From liquidation of assets

3,900.00

From assessments on shareholders
Other collections (explain)

8,882.34

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

•

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

,699.64

__

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims
. / 664.44
General claims. . .44
Total claims. . . .


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

6,699.64

15%

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

II/

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
r] National bank
M

State bank

LII

Trust company

Name of State

9,2

^
[i] Stock savings lrank

virscoNsIN

El Mutuatsavings bank
D Private bank

•
1.

Name of bank

2. Date organized

Lafayette County State
Rank
10/10/17

3. Federal reserve district

Date suspended

Town or cityDarlington

7/13/27

Seventh

County LaFayette

Population of town or city*_

Member or nonmember of F. R. System_

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

2000
Non

None

Outside city of parent bank**

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

No

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


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

•

July 13, 1927

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

$

On real estate
Other

9600.00
204548.58
$ 214148.58

Total loans and discounts

5301.89

Real estate acquired in satisfaction of debts
\\-\\

Investments
All other resources

None
26447.83

245898.30

Total resources

25000.00

Capital

6380.59

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

$ None
185255.73
None
$ 185255.73

Total deposits

None

Borrowings from F. R. bank

25000.00
4261.98

Borrowings from other banks
All other liabilities

245898.30

Total liabilities
7. Has this bank been reopened?

No

If so give:

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

Amount of loss

Per cent of loss
to claims

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


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

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims

9,881.62

General claims

5.6%

9 881

Total

No

9. Is this bank still in process of liquidation?

6

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

Ye S
If so give:
Feb. 18, 1930

Collections:

$181,785.97

From liquidation of assets
From assessments on shareholders

21,136.00

Other collections (explain)

10,133.14
213,055.11

Total collections

$ 22,144.44

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims

Preferred claims

178,468.51 168,586.89
Total claims. . . . 178,468.51 168,586.89

General claims


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

168,586.89 94.4%
168,586.89 94.4%

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,
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

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?
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

53

Trust company
Stock savings bank

vascovaIN

LI Mutual savings bank
LI Private bank

•
1. Name of ban

City & Farmers Bank

2. Date organized

9/14/03

3. Federal reserve district

Town or City

Date suspended/ 1/?7

Seventh

County

Non

None

Outside city of parent bank**

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

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


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

4IP'74

Iowa

Population of town or city* 2000

Member or nonmember of F. R. System

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

•

Dodgeville

No

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

On real estate

$

Other
$

Total loans and discounts
Real estate acquired in satisfaction of debts

112,409.09
None

Investments
29,292.27

All other resources

141,701.36

Total resources

25,000.00

Capital

4,500.00

Surplus and undivided profits
Deposits:

$ 2,507.10

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

52,343.88

Time deposits, including postal savings

46,690.77
$101,541.75
None

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

5,000.00

All other liabilities

5,659.61
141,701.36

Total liabilities
7. Has this bank been reopened? No

If so give:

Date of reopening — —
Name under which reopened —
Amount of loss

Loss to depositors on:
Secured claims

Per cent of loss
to claims

$

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


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

•

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

No

If so give:

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

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .

5,000.00

5,000.00

100%

Preferred claims. .

1,531.20

1,531.20

1 ("0

60,447.07
66/978 27

60%

General claims. .
Total claims. ..

60,447.07

100,745.11
07,276•31

10. HasJhis bank been finally liquidated?

No

to2.. it

If so give:

Dateliquidation was completed
Collections:
From liquidation of assets

To 12/31/30

$70,661.67
11,856.11

From assessments on shareholders

8,926.80

Other collections (explain)

91,444.58

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

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,
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
r] National bank
Name of State

K] State bank
Trust company

fl Stock savings bank
DI

Mutual savings bank

WISC NSIN

0 Private bank

•
1.

Name of bank Farm

2. Date organized

& Me r. State Bank

1/20/16

3. Federal reserve district

Date suspended

Town or City

7/8/25

Ninth'

Eagle River County Vilas
Population of town or city*

Member or nonmember of F. R. System

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

None

Outside city of parent hank**

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

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


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

•••

1500

Non__

6. Condition figures, as of (date*)

July 8, 1925

Loans and discounts:
$ 112,889.23

On real estate

212,434.83

Other

$ 325,324.06

Total loans and discounts
Real estate a quired in satisfaction of debts
rff
• A
lts 50
otaer asses
All other resources

Investments

ag

Itoffs*
6 0.qo

0
sln
g5
,7

2,952.73
other

V° 19,223.95
51,624.68
399,125.42

Total resources

25,000.00

Capital

8,188.19

Surplus and undivided profits
Deposits:
$

Due to banks**

1,548.95

Demand deposits, including U. S. Govt. deposits

203,106.58

Time deposits, including postal savings

111,331.70
$

Total deposits

315,987.23

Borrowings from F. R. bank
49,950.00

Borrowings from other banks
All other liabilities

399,125.42

Total liabilities
7. Has this bank been reopened?
Date of reopening

Yes

If so give:

August 10, 1925

Name under which reopened
Loss to depositors on:'

Same
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

NONE

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


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

None

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

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

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_

Secured claims. . . .

NONE

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

10. Has this bank been finally liquidated?

If so give:

Date liquidation was completed
Collections:

To 8/10/25
••••

From liquidation of assets

50,000.00

From assessments on shareholders

5,000.00

Other collections (explain)

55,000.00

Total collections
Offsets to claim (loans paid, etc.)

owe •••

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,
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
El

National bank
Name of State

[X State bank
Li Trust company
El Stock savings bank

vasCONSIN

El Mutual savings bank
[11 Private bank

•
1. Name of ban

Tobacco Exchange Bank

2. Date organized 11/29/97

3. Federal reserve district

To

or City

Date suspended 5/19/3°

Seventh

Rock

County

Population of town or city*

Member or nonmember of F. R. System

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

•

Edgerton

2688

Non

None

Outside city of parent bank**

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

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


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

No

May 19, 1930

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

$ 242,406.96

On real estate

488,139.50

Other

$ 730,546.46

Total loans and discounts

66,250.39

Real estate acquired in satisfaction of debts

;\ 20,412.15

Investments

54,509.00

All other resources

871,718.00

Total resources
Capital

50,000.00

Surplus and undivided profits

78,829.72

Deposits:
$ 2,403.58

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

293,023.72

Time deposits, including postal savings

320,650.25
$ 616,077.55

Total deposits

00

Borrowings from F. R. bank

122,720.00

Borrowings from other banks

4,090.73

All other liabilities

871.718.00

Total liabilities
7. Has this bank been reopened?
Date of reopening

Yes

If so give:

3/30/31

Name under which reopened

.-_
Amount of loss

Loss to depositors on:

Per cent of loss
to claims

Secured claims
Preferred claims

Placed. in segregated trust

53%

General claims

In trust

53%

297,199.78

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

_LNG

If so give payments to date:

(Amounts in dollars)
Claims allowed

Di''e ends paid from
ections

Payments from
guaranty fund

Per cent of payments
to claims allowed

Total payments

--------- -

Preferred claims..

--

—_

Secured claims. . .

17,321.62 17 321

--_

-....---

e

17,321.62
..3 554.51
280,8 • ..

__

554.5
Total claims. . ..80,876.13 17,321.62

General claims. . . 463

--

100%
47%
-

10. Has this bank been finally liquidated?

bat

If so give:

liquidation was completed

To 12/31/30

Collectio

$ 410,500.44

From liquidation of assets
From assessments on shareholders
Interest,

Other collections (explain)

etc.

19,752.84
430,253.28

Total collections

$ 143.999.85

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .

General claims

294.29
1,518.00

294.29
1,518.00

294.29
1,518.00

100%
100%

Total claims

1,812.29

1,812.29

1,812.29

100%

Preferred 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 coriespondent (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
11

National bank

X

State bank

El

Trust company

Name of State

66

LI Stock savings bank

ci Mutual savings bank
El Private bank

MCONSIN

•
1. Name ofbank Bank

2. Date organized

of Eleva

7/16/03

3. Federal reserve district

Date suspended

Ninth

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

Town or City

6/11/30

Eleva

County

Population of town or city*

400
Non

Member or nonmember of F. R. System__

None

Outside city of parent bank**

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

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


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

Trempealeau

6. Condition figures, as of (date*)

0
alhe 11, 1930

Loans and dile' Ounts:
$ 114,969.13

On real estate

187,474.18

Other

$

Total loans and discounts

302,443.31
5,300.00

Real estate acquired in satisfaction of debts
,C)f.)--•

Investments

None
26,286.79

All other resources

334,030.10

Total resources

25,000.00

Capital

8,888.36

Surplus and undivided profits
Deposits:
$

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

975.62

59,157.58
189,454.92
$ 249,588.12

Total deposits
Borrowings from F. R. bank

43,000.00

Borrowings from other banks

7,553.62

All other liabilities

334,030.10

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?

NO

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
es

9. Is this bank still in process of liquidation?

Ifso give payments to date:

(Amounts in dollars)
Claims allowed

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

Dividends paid from
collections

Payments from
guaranty fund

43,000. 0 43,000.00
33.7
33.27
253,066. 9
296,099. 6

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

Total payments

43,000.00
33.27

___

Per cent of payments
to claims allowed

100,%
100%

___

43,033.27
No

If so give:

Collections:
From liquidation of assets

TO 12/31/30

$ 60,175.28

From assessments on shareholders
Other collections (explain)

60,175.28

Total collections

$ 12,680.09

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims
General claims
Total claims


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

_

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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
BRANCII, GROUP AND CIIAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended-4m account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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

g; State bank
El

Trust company

C] Stock savings bank
D

Mutual savings bank

VIISI CONSIN

D Private bank

1. Name of bank

2. Date organized

State Bank of Elroy
1900

3. Federal reserve district

Date suspended_

Town or City

12/13/30

Seventh

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

Elroy

County

02 0

Population of town or

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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

Juneau.

No

Non

6. Condition figures, as of (date*)

12/13/30

Loans and discounts:
On real estate
Other

$ 345,982.62

Total loans and discounts

29,377.99

Real estate accivired in satisfaction of debts

Bank Bldg. 7000.-F&F-3337.00 Other stocks & sec

V)37, Iiol

Investments

Cash & due from -16,188.08 Cash items 637.05
All other resources..SUSpens e..acct

1
117
484,574.93

Total resources

25,000.00

Capital

3,205.42

Surplus and undivided profits
Deposits:
Due to banks**

54,052.24

Demand deposits, including U. S. Govt. deposits

399,717.27

Time deposits, including postal savings

$

Total deposits

463,769.51

Borrowings from F. R. bank
1110

Borrowings from other banks
All other liabilities

.A.$5

2,600.00

essineat3

484,574.93

Total liabilities
7. Has this bank been reopened?

NoIf so give:

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

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

In process of reorganization

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

9. Is this bank still in process of liquidation?

If so give payments to date:
unts 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. .

50,510.48

o

Total claims. . .

10. Has this bank been finally liquidated?

If so give:

Date liquidation was completed
Collections:
$ 64,209.40

From liquidation of assets

32150.00

From assessments on shareholders

Int.
Rent

Other collections (explain)

5,165.98
839.43

6,005.41
73,364.01

Total collections

$17,239.94

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Secured claims
Preferred claims
General claims. .
Total claims


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

_

Per cent of payments
to claims allowed

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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
E] National bank
M

86

Name of State

State bank

[1] Trust company
0 Stock savings bank
11

Mutual savings bank

WIS CONSIN

0 Private bank

1. NameofbankBank

2. Date organized

of Evansville

1/28/75

3. Federal reserve district

Date suspended

'
e nth
S eve

Town or City

6/23/25

Evansville

County

Population of town or city*

2209

Member or nonmember of F. R. System__Non

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

Outside city of parent bank**

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

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


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

Rock

June 28, 1925

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

$ 115,846.70
275,252.06

On real estate
Other

$391,098.76

Total loans and discounts

4,285.00

Real estate acquired in satisfaction of debts
Investments

59,655.96

All other resources

49,670.81
504,710.53

Total resources

25,000.00
15,207.94

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

$ 3,673.53

Demand deposits, including U. S. Govt. deposits

189,911.91

Time deposits, including postal savings

270,917.15
$ 464.502.59

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

504,710.53

Total liabilities
7. Has this bank been reopened?

NO

If so give:

Date of reopening
Name under which reopened
Per cent of loss
Loss to depositors on:
Secured claims

A cunt of loss

Non
It

Preferred claims
General claims

102

22 2/3%

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


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

spension.

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

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

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_

Secured claims. . . .
Wages
Preferred claims. .

None
287.51

287.51

748.61
. 19/
General claims. . .4

347,655.68

036.12
.
Total claims. . .4.0
P

347/ 943.19

10. Has this bank been finally liquidated?

287.51

None
It

347,655.68

ir
347,943.19

100%
77 1/3%

I r1,3

Yes 1f so give:
2/16/3

Date liquidation was completed
Collections:
$ 388,337.56

From liquidation of assets

1,846.41

From assessments on shareholders

1,467.42

Other collections (explain)

391,651.39

Total collections
Offsets to claim (loans paid, etc.)

$

29423.62

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,
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 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

e

FEDERAL RESERVE COMMITTEE ON
BRANCA!, GROUP AND CHAIN BANKING

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

NI

State bank

O

Trust company

68

0 Stock savings bank
O

Mutual savings bank

D

Private bank

1. Name of bankMer.

2. Date organized

WISCONSIN

& Farm. State Bank

9/8/17

3. Federal reserve district

Date suspended

Town or City Fall

6/16/30

Ninth

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

Creek

County

Population of town or city*

Member or nonmetnber of F. R. System

None

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

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


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

Eau Claire

507

Non

6. Condition figures, as of (date*)

June lo, 1930

Loans and discounts:
On real estate
107,271.20

Other

$ 107,271.20

Total loans and discounts

None

Real estate acquired in satisfaction of debts
\A

Investments

17,468.19
13,602.64

All other resources

138,342.03

Total resources

15,000.00

Capital

2,401.08

Surplus and undivided profits
Deposits:
$

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

None
15,163.31

102,009.15
$ 117,172.46

Total deposits

None

Borrowings from F. R. bank

It

Borrowings from other banks
3,768.49

All other liabilities

138,342.03

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?

NO

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_

None

Secured claims. . .

tt
Preferred claims
General claims. .

112,465.93 56,244.97

56,244 97

50%

Total claims

10. I-4s this bank been finally liquidated? No
Date liquidation was completed

If so give:

Collections:
From liquidation of assets

To 12/31/30

$59,234.13
10,024.63

From assessments on shareholders
Other collections (explain)

69,258.76

Total collections

$ 6,292.72

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Secured claims
Preferred claims. ..
General claims
Total claims


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

_

Per cent of payments
to claims allowed

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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

s

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

Type of bank reported—check
appropriate one of the following
67) r"'''
hfrd

Li National bank
Name of State

I

State bank

LI

Trust company
Stock savings bank

LI Mutual savings bank
0 Private bank

WISCONSIN

•
1. Name of bank State

2. Date organized

Bank of Fennimore

6/8/96

3. Federal reserve district

Date suspended

S eventh

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

Town or City

Fennimore

4/12/30

Population of town or city*

County

Member or nonmember of F. R. System

None

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

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


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

No

Grant

1500

Non

6. Condition figures, as of (date*)

April 12, 1930

Loans and discounts:
On real estate

324,927.00

Other

366,160.73
$ 691,087.73

Total loans and discounts

29,750.00

Real estate acquired in satisfaction of debts

tpD 4,132.50

Investments

76,203.84

All other resources

801,174.07

Total resources
Capital

50,000.00

Surplus and undivided profits

20,381.47

Deposits:
$12,187.98

Due to banks**

264,623,63

Demand deposits, including U. S. Govt. deposits

371,631.37

Time deposits, including postal savings

$ 648,442.98

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

75,000.00

All other liabilities

70,381.47
801,174.07

Total liabilities
7. Has this bank been reopened?

Yes

If so give:

Date of reopening Jan. 5, 1931'
Name under which reopened

Same

Loss to depositors on:

Secured claims

Amount of loss

Per cent of loss
to claims

None
tt

Preferred claims
General claims Put in segregated

trust 214,758.00

35%

Total
* Condition items should be as of date of suspension, if possible, 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? 1U

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:

No

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

75,000.00

75,000.00

75 Y 000.00

100%

008.69

17/ 008.69

17/ 008.69

100%

General claims. . .. 13,525.32

398/ 767.32

398,767.32

65%

Secured claims...

Preferred claims.. . 17,

Total claims. . . .

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

If so give:

Collections:
From liquidation of assets To 1/4/31

$ 93,092.53

From assessments on shareholders

75,000.00

Other collections (explain)

10,729.06
178,821.59

Total collections

$ 24,412.93

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

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,
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
O

National bank

El
O
O
O
O

State bank

32

Name of State

Trust company
Stock savings bank

IITIS CONSIN

Mutual savings bank
Private bank

•
1. Name of ban

State Bank of Fifield.

2. Date organized 11/30/15

3. Federal reserve district

Date suspended

Ninth

Town or City

1/2/26

County

Population of town or city*

Member or nonmember of F. R. System

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

41

Fifield

None

Outside city of parent bank**

1.

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

* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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

Price
600
Non

6. Condition figures, as of (date*) Jan. 25 1926
Loans and discounts:
$

On real estate

9,360.00
51,462.17

Other
...

0,822.17

Total loans and discounts

(I)

/,3761.

3,159.06

Real estate acquired in satisfaction of ileblr

1.0V 1,088.75

Investments.

6R

All other res

1 685_00
&I
1.76 Cast on nand 619.93
Exp6Zie..3;443...61

9,518.63

Tota resource Ori'M:

74,588.61
10,000.00
4,e366.491
5,630.42

Capital
Surplus and undivided profits
Deposits:
163.12

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

26,501.63
'25,296.78
$ 51,961.53

Total deposits
Borrowings from F. R. bank

2,450.00

Borrowings from other banks
All other liabilities

Cash over

180.17

Total liabilities
7. Has this bank been reopened?

•

74,588_61

No

If so give:

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

Antount 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.


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 over
Date taken over

Yes

If so give:

Park Falls State Bank

October 20, 1926

Loss to depositors on:

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims

NONE

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

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 claim (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,
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
O

National bank
Name of State

El State bank
O Trust company
O Stock savings bank

O

WIS CONSIN

Mutual savings bank

O Private bank

1. Name of bank

Cole Savings Bank

Town or City Fond

2. Date organized

8/1/91

6/21/29

3. Federal reserve district

Date suspended

S eve nth .

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

du Lac

ond du Lac

CountyJ'

Population of town or city*

30,000.00

Member or nonmember of F. R System_ Non

None

Outside city of parent bank**

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

* Latest census figures or estimate as shown in bankers' direetory.
** Attach a 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

6. Condition figures, as of (date*)

June

21, 1929

Loans and discounts:
$ 134,301.89

On real estate

596,703.10

Other

$731,004.99

Total loans and discounts

19,830.79

Real estate acquired in satisfaction of debts

Ck6kk 122,563.84

Investments

94,990.93

All other resources

968,390.55

Total resources

100,000.00

Capital

33,950.96

Surplus and undivided profits
Deposits:
$ 24,738.49

Due to banks**

227,616.47
Demand deposits, including U. S. Govt. deposits
562,084.63

Time deposits, including postal savings

$ 814,439.59

Total deposits

None

Borrowings from F. R. bank

-

20,000.00

Borrowings from other banks

None

All other liabilities

968,390.55

Total liabilities
7. Has this bank been reopened? xY
"
c

If so give:

'
Date of reopening x1WI:EILIcx.4)Pcc19-21
ifietakcaocAcTrdName under which reopened_
—-419.)0ERWK
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
NONE

General claims
Total

NONE

21` Condition items should be as of date of suspension, if possible, 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

173
8. Has this bank been taken over by another bank?

If so give:

Bank of Fond du Lac, Fond du Lao,

Name of bank by which taken over

12, 1':329

Date taken over
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

NONE
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)

Claims allowed

Secured claims. . .

Dividends paid from
collections

Payments from
guaranty fund

20,000.00

Total payments

Per cent of payments
to claims allowed

20 000.00

100%

14,439.59 Assured by Bulk of FDL 814,439.59
14439.59
114,439.59

100%

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

100%

If so give:

10. Has this bank been finally liquidated
Date liquidation was completed
Collections:
From liquidation of assets

66,000.00

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

Total payments

4'.
Per cent of payments
to clain'is allowed
8
\

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,
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
O

National bank
Name of State

gcl State bank

Ej

Trust company

O Stock savings bank
O

Mutual savings bank

WISCONSIN

Ej Private bank

1. Name of bank

2. Date organized

Citizens State Bank
8/17/07

3. Federal reserve district

Date suspended

Town or City

3/31/30

Seventh v

Gillett

County

Oconto

Population of town or city*

Non

Member or nonmember of F. R. System

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

None

Outside city of parent bank**

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

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


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

1200

No

March 31, 1930

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

$ 167,860.00

On real estate

494,389.86

Other

$ 662,249.86

Total loans and discounts

2,865.00

Real estate acquired in satisfaction of debts

-3i2 74,381.75

Investments (Bonds)

14,338.32

All other resources

753,890.03

Total resources
Capital

50,000.00

Surplus and undivided profits

18,327.59

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
$ 554,408.23

Total deposits
Borrowings from F. R. bank

131,060.67

Borrowings from other banks

93.54

All other liabilities

753,890.03

Total liabilities

7. Has this bank been reopened?

Yes '

If so give:

December 24, 1930
Date of reopening D
Name under which reopened

Citizens State Bank'

Per cent of loss
Amount of loss
to claims
Loss to depositors on:
Not determined., but is estimated variously
Secured claims..at ..about..35%......Spectal trust rtrated. of
frozen, slow,doubtful and worthless items
Preferred claims.lithiCli..1S.. in. pr.ocess of liquidntion.
General claims
Total

In segregated trust

182,968.34

35%

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

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

Ifso give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

To the extent of those assets removed
If so give payments to date:
reolTanization.
and placed in trust throuRh
(Amounts m ctollars)

9. Is this bank.,still in_prQcess .of liquidation?

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

121,687.33

93%

339,798.36

65%

•-,

Secured claims. .

31/ 060.67 121 687 33

Preferred claims. .
General claims. . . •22,766.70
Total claims. .. .

10. Has this bank been finally liquidated?

NO

If so give:

Date liquidation was completed
Collections: If.°

12/24/30
$176,340.52

From liquidation of assets

47,250.00

From assessments on shareholders

Interest

Other collections (explain)

15,462.77
239,053.29

Tot-61 collections

$ 41,573.59

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed
,

Secured claims
Preferred claims
General claims. . .
Total claims


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

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

Primary
cause

r

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

110

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

Vn

State bank

Name of State

65

o Trust company
O Stock savings bank

O

WISCONSIN

Mutual savings bank

O Private bank

•
1. Name of bank State

.
2. Date organized

Bank of Glen Flora Town or City Glen Flora

8/11/15

3. Federal reserve district

Date suspended

Ninth

4/1/30

County

Rusk

Population of town or city*

Member or nonmember of F. R System__

None
4. Number of branches operated: In city of parent bank_

•

Outside city of parent bank**

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

* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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

170
Non

April 1, 1930

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

$ 15,036.25

On real estate

47,296.42

Other

$ 62,332.67

Total loans and discounts

12,233.68

Real estate acquired in satisfaction of debts
Investments

6,726.53

All other resources

81,292.88

Total resources

10,000.00

Capital

470.46

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

32,476.14
13,655.72
$ 46,131.86

Total deposits
Borrowings from F. R. bank

24,690.56

Borrowings from other banks
All other liabilities

81,292.88

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

11110

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

245 690.56 12,427.56
188.86
178 92
Preferred claims. .. 6,
51 503.63

Total payments

12,427.56
188.86

Secured claims. . . .

Per cent of payments
to claims allowed

50.3%
3%

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

57,682.55

i N i la il, ,'-{

10. Hashis bank been finally liquidated?

No

If so give:

Date liquidation was completed
Collections:
From liquidation of assets To

12/31/30

$ 15,365.52
1,510.00

From assessments on shareholders
Other collections (explain)

16,875.52

Total collections

$ 4,801.42

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

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


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

_

Per cent of payments
to claims allowed

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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
O

National bank
Name of State

[Z] State bank
0 Trust company
O Stock savings bank
O

Mutual savings bank

WISCONSIN

O Private bank

•
1. Name of bank

Farmers State Bank

2. Date organized

1/5/04

3. Federal reserve district

1°/19/29
Date suspended__

Seventh'

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

•

Town or City

Granton

County

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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

No

Clark
400
Non

6. Condition figures, as of (date*) October 19, 1929
Loans and discounts:
$

On real estate

54,494.87
122,044.64

Other

$ 176,539.51

Total loans and discounts

9,561.54

Real estate acquired in satisfaction of debts
c{
. .

Investments

4,0.\
26,165.74

All other resources

216,666.79

Total resources

25,000.00

Capital

4,330.69

Surplus and undivided profits
Deposits:
None

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

50,920.13

Time deposits, including postal savings

87,459.72
$ 138,379.85

Total deposits

None

Borrowings from F. R. bank
Borrowings from other banks

36,231.15

All other liabilities

12,725.10
216,666.79

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?

No

If so give:

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

Per cent of loss
to claims

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

Yes
Ye

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Pa_y_tp_e_nts from
NX[IXINNOiaa

Total payments

Per cent of payments
to claims

allowed

Collateral
3111s payable

27,0.8

1 950.00
434.86
37,237.64

Securec claims.
Preferred claims. . .

434.8

General claims. . . . 124,425.6

161.29

Total claims. . . . 158 Y 360.4

27,00Q.0Q
2 111.29
434.86
37,237.64

100%
100.
• 30.

[A,i ri?"3

10. Has this bank been finally liquidated?

No

If so give:

Date liquidation was completed
Collections:
From liquidation of assets

To 12/31/30

$72,815.22
17,254.27
4,685.37

From assessments on shareholders
Other collections (explain)

94,794.86

Total collections

$16,035.87

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

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,
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

O

National bank
Name of State

El State bank

o

Trust company

1:1 Stock savings bank
12 Mutual savings bank
Ej Private bank

WISCONSIN

•
1. Name of bank Greenwood

2. Date organized

10/19/91

3. Federal reserve district

State Bank

Date suspended

Town or City

9/17/23

Seventh

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

Gre enwood

County

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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

No

Clark
700
Non

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

On real estate

71,458.20

247,537.24

Other

$ 318,995.44

Total loans and discounts

5,920.72

Real estate acquired in satisfaction of debts
Investments

26,152,01
351,068.17

All other resources
Total resources

25,000.00

Capital

6,698.40

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

Invididual dep2sits
Time deposits, including posta+ savings.40
Total deposits

79,448.63
101,027.84
$ 180,476.47

Borrowings from F. R. bank
Borrowings from other banks

138,893.30

All other liabilities

351,068.17

Total liabilities
7. Has this bank been reopened?

No l

If so give:

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

Amount of loss

Per cent of loss
to claims

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Secured claims. . . . 42

Payments from
guaranty fund

500.00 40,328.93

Total payments

Per cent of payments
to claims

allowed

40,328.93

l'filfs

136,045.25

48%

Preferred claims...
General claims.

'
2)6 -11

.
Total claims. . • 265,024.92

136,045.25

*Claims not segregated.
10. Haqhis bank been finally liquidated?

No

If so give:

Date liquidation was completed
Collections:
From liquidation of assets

To 12/31/30

$223,971.00
11,627.23
5,000.00
51,848.73

From assessments on share olders

uas lers Bond
SO.

Other collections (explain)

292,446.96

Total co11ecti9us-'"'

$ 82,196.25

Offsets to elairn (loans paid, etc.)
Portents 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 indicatet causes with such supplementary data as may be available.

Primary
1. 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.

i

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
BRANCII, GROUP AND CHAIN BANKING

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

[3 State bank

O
O

Stock savings bank

El

Mutual savings bank

o

Private bank

Trust company

WISCONSIN

•
1. Name of bank

Bank of Hammond.

2. Date organized 9/11/03

3. Federal reserve district

Date suspended

Town or City

3/27/28

Ninth

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

Hammond

County St

Population of town or city*

Member or nonmember of F. R System

Outside city of parent bank**

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

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


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

365

Non

None

No

Croix

6. Condition figures, as of (date*)

March 26, 1928

Loans and discounts:

$ 41,753.00
103,329.21

On real estate
Other

$145,082.21
17,117.37
\yckA 1,450.00

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

27,690.29

All other resources

191,339.87

Total resources

20,000.00

Capital

80.00

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

54,157.91

Time deposits, including postal savings

99,886.88
$ 154,044.79

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

15,500.00

All other liabilities

21,795.08
191,339.87

Total liabilities
7. Has this bank been reopened? 1\1°

If so give:

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

Amount of loss

Per cent of loss
to claims

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation

If so give payments to date:

(Amounts in dollars)
Claims allowed

Secured claims. . . .

Dividends paid from
collections

Payments from
mmmrity ftimi

15,500.Od

Taal payments

15,500.00
210.63
82,417,49
82,628.12

210.6
150,578.4
General claims. . . .
150,789.0
Total claims. . . .

Preferred claims. . .

No

10. Has this bank been finally liquidated?

210.63
82,417.49
82,628.12

Per cent of payments
to claims allowed

100%
100
55

If so give:

Date liquidation was completed
Collections:
From liquidation of assets

To 12/31/30

$ 147,636.01

5,398.74
1,255.00
6,476.22

From assessments on shareholders

Cashiers Bond
Other collections (explain)...taSC.

160,765.97
42 036•17
$

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

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


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

-,

.

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

Primary
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

Li

National bank
Name of State

• State bank
E] Trust company

O

Stock savings bank

o
o

Mutual savings bank

"WISCONSIN

Private bank

•
1.

State Bank

Name of ban'Hic-ollan.d.ale

2. Date organized

9/25/03

3. Federal reserve district

Date suspended

Seventh

Town or City Holland.ale

4/22/27

Population of town or city*

None

Outside city of parent bank**

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

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


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

Iowa
300

Member or nonmember of F. R. Systern___Non

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

•

County

No

4/22/27

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

31,070.00
225,546.62

On real estate
Other

$ 256,616.62

Total loans and discounts
Real estate acquired in satisfaction of debts

5,500.00

Investments.. Bk....

1,150.00

mite
All other resources.
e fromRes. Banks

4 000.00
00

28,871.30
292,137.92

Total resources

15,000.00
5,157.38

Capital
Surplus and undivided profits
Deposits:

780.31
133,460.78

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

122,721.68
$256,962.77

Total deposits
Borrowings from F. R. bank

15,000.00
17.77

Borrowings from other banks
All other liabilities

Cash over

292,137.92

Total liabilities

7. Has this bank been reopened?
Date of reopening

Yes

If so give:

July 5, 1927

Name under which reopened
Loss to depositors on:

Same
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

NONE

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


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

NONE

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. . .

No claim. filed

General claims. .
Total claims. .

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

If so give:

Collections:

7/6/30

From liquidation of assets

15,000.00

From assessments on shareholders
Other collections (explain)

15,000.00

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

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
t,. 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

I

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

S

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

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

National bank

L

:

Name of State

ID State bank
Trust company

O
O

Stock savings bank
Mutual savings bank

WISCONSIN

O Private bank

•
1. Name of bank Bank of Horton.ville

Town or City Hortonville County Gutagamie

2. Date organized 2/3/02

3/24/30Population of town or city*

3. Federal reserve district

Date suspended

Seventh'

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

Member or nonmember of F. R. Systerri____N°n

None

Outside city of parent bank**

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

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


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

1000

No

6. Condition figures, as of (date*) Dec. 31, 1929 (Last Call Report before the
Bank closed.)
Loans and discounts:
$ 210,500.00

On real estate

206,015.32

Other

$416,515.32

Total loans and discounts

28,559.05

Real estate acquired in satisfaction of debts

E)35,446.39

Investments

40,309.13

All other resources

520,829.89

Total resources
Capital

50,000.00

Surplus and undivided profits

13,863.29

Deposits:
None

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

78,854.77
378,111.83
$ 456,966.60

Total deposits

None

Borrowings from F. R. bank

II

Borrowings from other banks
If

All other liabilities
520,829.89

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

No

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

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

Per cent of payments
to claims allowed

Total payments

Secured claims. . . .

82.96
405,634.23
405,982.14

82.96
135,298.05

Preferred claims. . .
General claims
Total claims

82.96
135,298.05
)55-/ 3 )
)b

10. Hakthis bank been finally liquidated?

No

I

1004___
33 1/3%
3 3,3

If so give:

Dateliquidation was completed
Collections:
Dec.

From liquidation of assets

31, 1930

From assessments on shareholders
Other collections (explain)
Total collections

Rent, Farm Income

To Dec. 31, 1930

Offsets to claim (loans paid, etc.)

$ 149,426.51
5,900.60
2,666.40
157,993.51
$ 18,328.01

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
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
El

National bank
Name of State

in State bank
El Trust company
El Stock savings bank
El

Mutual savings bank

o

Private bank

WISCONSIN

•
First
1. Name of bank_
2. Date organized

State Bank

12/8/04

3. Federal reserve district

Date suspended

Town or City

12/6/29

Seventh

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

•

Humb rd.

County

Population of town or city*

Member or nonmember of F. R. System

Non.e

Outside city of parent bank**

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

* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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

Clark
400
Non

December 5, 1929

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

$ 34,637.00

On real estate

96,831.68

Other

$131,468.68
8,000.00
Wo 15,000.00

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

10,922.13

All other resources

165,390.81

Total resources
Capital

25,000.00

Surplus and undivided profits

10,516.49

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

$ 1,286.44
43,252.74
71,249.52
$ 115,788.70

Total deposits
Borrowings from F. R. bank

None

Borrowings from other banks

8,000.00
6,085.62

All other liabilities

165,390.81

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

4

to

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

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

Dividends paid from
collections

None
44.61

Payments from
guaranty fund

44.61
10,770.90

107/ 711 68

Total payments

44.61
10,770.90

Total claims. .. I 0 7,

/ b/i15;61

Per cent of payments
to claims allowed

100%
10%
I'i

/

10. Has this bank been finally liquidated?

No

If so give:

Date liquidation was completed
Collections:
From liquidation of assets

To 12/31/30

$ 36,429.42
3,500.00

From assessments on shareholders

3,289.18

Other collections (explain)

43,218.60

Total collections

$

Offsets to claim (loans paid, etc.)

7,184.20

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
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

'

S

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

State bank

O

Trust company

Name of State

O Stock savings bank

o Mutual savings bank

WISCONSIN

O Private bank

•
1. Name of bank

Ixonia State Bank

2. Date organized

12/21/18

3. Federal reserve district

Town or City

-, /12
Date suspendeu_

'
Seventh

17/24

Ixonia

County_ Jefferson

100

Population of town or city*

Member or nonmember of F. R. System_

Non

None
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 is shown in bankers' directory.
** Attach a 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

Dec. 17, 1924

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

$

On real estate

1,800.00
46,665.14

Other

$ 48,465.14

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

IA
Cash
Bank House F & F

1,558.52
5,300.00

100.00
6,858.52

55,423.66

Total resources

10,000.00

Capital

846.13

Surplus and undivided profits
Deposits:

$

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

763.31
13,826.85
20,980.37

Time deposits, including postal savings

$35,570.53

Total deposits
Borrowings from F. R. bank

9,007.00

Borrowings from other banks
All other liabilities

55,423.66

Total liabilities
7. Has this bank been reopened?
Date of reopening

Yes

If so give:

July 28, 1925'

Name under which reopened
Loss to depositors on:

Same
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

NONE

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


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

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

NONE
Total

No

9. Is this bank still in process of liquidation?

If so give payments to date:

A ounts in dollars)
Claims allowed

\
Dividends paid fro 4
collections

Pa ..zn
--fierg :o
--r-r:
guaranty fund

_ P 007.00
Secured claims. . . . 9
Preferred claims. ..

Total payments

9,007.00

Per cent of payments
to claims allowed

100%

aims filed.
N,cl
..o--

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)
,

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


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

Claims allowed

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,
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

[ij State bank

El Trust company
O Stock savings bank

o

Mutual savings bank

WISCONSIN

O Private bank

•
1.

Name of bankThe

Jackson State Bank

/5/07
2. Date organized 8

3. Federal reserve district

Date suspended

Town or City.

12/14/22

Seventh

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

Jackson

county Washinton

Population of town or city*

Member or nonmember of F. R System

300
No

None

Outside city of parent bank**

•

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

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


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

NO

6. Condition figures, as of (date*)

Dec. 14, 1922

Loans and discounts:
On real estate
Other

$ 184,034.34

Total loans and discounts

11,370.00

Real estate acquired in satisfaction of debts

\V\

Investments

5,128.72

F. & F. 4 885.00
0.Ta 4.,294.28
All other resources.Q?,a1). & clue

8,679.28
209,212.34

Total resources

20,000.00

Capital

2,076.83

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

73,027.15
70,902.39
$ 143,929.54

Total deposits

Rediscounts

Borrowings from F. R. bank

14,505.97
28,700.00

Borrowings from other banks
All other liabilities

209,212.34

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? No
Name of bank by which taken over

If so give:

Date taken over
Loss to depositors on:

Per cent of loss
to claims

Amount of loss

Secured claims
Preferred claims
General claims

73,857.71

46.7%

Total

73,857.71

46.7%

If so give payments to date:
9. Is this bank still in process of liquidation? No
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Secured claims. . . .
Preferred claims. . Claims net segregated
General claims. . 156,231.29 82,373.58
,

Total payments

Per cent of payments
to claims allowed

82,373.58

Total claims. .

10. Has this bank been finally liquidated? Yes
If so give:
12/31/29
Date liquidation was completed
Collections:
From liquidation of assets

$116,380.07
9,058.96

From assessments on shareholders

12,507.03
137,946.06

Other collections (explain)
Total collections
Offsets to claim (loans paid, etc.)
Payments to depositors:
Claims allowed

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


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

(Amounts in dollars)

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,
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
E] National bank
gg

State bank

o
o
o
o

Trust company

Name of State

Stock savings bank
Mutual savings bank

WISCONSIN

Private bank

•
1. Name of ban

2. Date organized

Jim Falls State Bank
2/24/17

3. Federal reserve district

Date suspended

Town or City

7/13/23

Ninth

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

111

Jim Falls

County

Chippewa

Population of town or city*

Non

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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

175

No

July 11, 1923

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

$

On real estate

8,122.00
124,760.49
$ 132,882.49

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

.h.¼8u

All other resources

\r ''
tler 1E4.11

2,727.01
000.0Q
6:83502
.

145,444.52

Total resources

10,000.00

Capital

2,119.63

Surplus and undivided profits
Deposits:

$

Due to banks**

2,920.35

Demand deposits, including U. S. Govt. deposits

65,491.93

Time deposits, including postal savings

45,612.61
$114,024.89

Total deposits
Borrowings from F. R. bank

19,300.00

Borrowings from other banks
All other liabilities

145,444.52

Total liabilities
7. Has this bank been reopened?
Date of reopening

Yes

If so give:

October 1, 1923

Name under which reopened
Loss to depositors on:

Jim Falls 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.


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

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

NO

If so give:

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

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims

NONE

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

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims. . .

No claim- filed.

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 claim (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
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 othenvise, on the directors or stockholders either before or after the
bank suspended?


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

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

Type of bank reported—check
appropriate one of the following

O
E]
El
El

o

National bank
Name of State

State bank
Trust company
Stock savings bank
Mutual savings bank

WISQONSIN

O Private bank

•
1. Name of ban

Kennan State Bank

2. Date organized

5/19/14

3. Federal reserve district

Date suspended

Town or City

2/23/27

Ninth

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

el

Kennan

C
County

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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

NO

Price
300
Non

6. Condition figures, as of (date*)

February 23, 1927

Loans and discounts:
On xeal estate

40,153.11
$ 40,153.11

Other.
Total loans and discounts

6,059.37

Real estate acquired in satisfaction of debts

‘4)

Investments

50.00

8,209.46

All other resources

54,471.94

Total resources

10,000.00

Capital

1,924.54

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

26,317.88
16,229.52
$ 42,547.40

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

54,471.94

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?

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Secured

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

claims

Preferred claims

42,317.49 25)664.90

General claims

25,66d- 090

60

Total claims

10. Ftar.31-1is bank been finally liquidated?

No

If so give:

Date liquidation was completed
Collections:
From liquidation of assets

To 12/31/30

$32,011.28
4,000.00
2,115.57

From assessments on shareholders
Other collections (explain)

38,126.85

Total collections

$ 4,282.27

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

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,
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 othenvise, on the directors or stockholders either before or after the
bank suspended?


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

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

Type of bank reported—check
appropriate one of the following
0 National bank
10:1. State bank

54

Name of State

Trust company
Stock savings bank
Mutual savings bank

VhS CONSIN

Private bank

•
1. Name of bank

2. Date organized

Rusk County Bank
5/15/11

3. Federal reserve district

Date suspended

Town or City

1/5/27

Ninth '

husk

County

Population of town or city*

Member or nonmember of F. R. System

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

1110

Ladysmith

4000
Non

None

Outside city of parent bank**

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

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


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

No

January 4, 1927

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

193,617.83

Other

401,918.11
$ 595,535.94

Total loans and discounts

54,798.06

Real estate acquired in satisfaction of debts
Investments

100,885.27

All other resources

751,219.27

Total resources

37,500.00

Capital

6,545.74

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

193,604.71

Time deposits, including postal savings

465,568.82
$ 659,173.53

Total deposits
Borrowings from F. R. bank

48,000.00

Borrowings from other banks
All other liabilities

751,219.27

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'

NO

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation'

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

48,000.ob 48,000.00
Preferred claims. .. 15,686.5 15,686.55
630,610.1 214,949.23
General claims. . . .
Total claims. . . . 6945 292.6
No

Per cent of payments
to claims allowed

48,000.00 100%
15,686.55 100%
244,949.23 - 1:fier
l44;4799.6
.769 , , v
.9n
35.9i<

Secured claims. . . .

10. Ha.5.,this bank been finally liquidated?
Date liquidation was completed

Total payments

If so give:

Collections:
From liquidation of assets

To 12/31/30

$ 411,446.97
15,700.00

From assessments on shareholders
Other collections (explain)

427,146.97

Total collections

$ 56,043.26

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

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
L 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 othenvise, on the directors or stockholders either before or after the
bank suspended?


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

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

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

National bank
Name of State

gl State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

WISCONSIN

O Private bank

•
1. Name of bank__Farmers & Citizens

2. Date organized 10126/15

3. Federal reserve district

Staterown or City Lancaster

11 19/23
Date suspended____/

Seventh

County_ Grant

Population of town or city*

Member or nonmember of F. R. System____Lign_

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

None

Outside city of parent bank**

•

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

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


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

2500

No

6. Condition figures, as of (date*)

January 17, 1924

Loans and discounts:
On real estate
Other
$ 196,021.23

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

38,114.50

All other resources

234,135.73

Total resources

•

Capital

25,000.00
1,967.08

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

35,465.10
113,884.97
$ 149,350.07

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

32,814.88

All other liabilities

25,003.70
234,135.73

Total liabilities
7. Has this bank been reopened?

No

If so give:

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

Amount of loss

Per cent of loss
to claims

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


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

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

Yes

If so give:

Union State Bank

Name of bank by which taken over

1/1/24

Date taken over

Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims

NONE

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 allowedN

Secured

claims

Payments from
guaranty fund

. : 'payments

r
Per cent of payments
to claims allowed

,

Preferred claims. .
General claims. .

- 4•

50.07

149,350.07

100%

Total claims. . . .

10. Has this bank been finally liquidated?

If so give:

Date liquidation was completed
Collections:

To 1/1/24
s 118,572.36

From liquidation of assets

25,000.00

From assessments on shareholders

5,777.71 Our contribution

Other collections (explain)

_149,351/.02_

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

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,
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?

•

Agricultural paper largely.

If so, state what industry or type of agriculture

General farming.

What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? This was the fourth bank to be charted in a town of 2500 where
there never was room for more than two. Its trouble started when it was
chartered.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?

Yes

If so, give dates and amounts of all assessments

They had assessment totalling about 50% prior to closing and a
100% assessment after closing and prior to our taking them over
for liquidation.


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

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

Type of bank reported—check
appropriate one of the following

26

0 National bank
Name of State

PI] State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

WISCONSIN

O Private bank

•
1. Name of bank Lancaster

2. Date organized

1/2/14

3. Federal reserve district

State Bank

Date suspended

Town or City

4/7/30

Seventh

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

Lancaster

County

Population of town or city*

Metnber or nonmember of F. R. System

Grant
2500
Non

None

Outside city of parent bank**

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

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


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

No

April 7, 1930

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

$ 86,815.70

Other

188,391.11
$ 275,206.81

Total loans and discounts

21 716•75

Real estate acquired in satisfaction of debts
Investments

53,149.03

All other resources

350,072.59

Total resources
Capital

50,000.00

Surplus and undivided profits

14,548.09

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

128,384.97
96,506.75
$224,891.72

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

50,000.00

All other liabilities

10,632.78
350,072.59

Total liabilities
7. Has this bank been reopened?
Date of reopening

c.4)
If so give: VECI:1=31ftfitbarblarRir'4aF=1424•
-Nt)-I

(10,4/. tZ, 1131

Name under which reopened Virl under same name.
Amount of loss

Loss to depositors on:

Per cent of loss
to claims

Secured claims
Preferred claims
General claims Placed. in segregated. 75,143.96
Total

trust

35%

75,143.96

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
a ments to date:Pendin

9. Is this bank still in process of liquida
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

- -.....,

50,000.00

Secured claims

Payments from
guaranty fund
..._.........,..

reopening
1931,_

_.....----_ _.. - ---- Per cent of payments
.,Totallayments
to claims allowed

50,000.00

100%

Preferred claims.
General claims. .
Total claims.

'14 6* 64
'64,697.04

139

08

65%
_______

No

10. Has,._this bank been finally liquidated?

If so give:

Date'liquidation was completed
Collections:
From liquidation of assets.To

12/31/30

$ 57,745.97

From assessments on shareholders

3,670.32

US°•

Other collections (explain)

61,416.29

Total collections

$ 15,570.12

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

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
.1 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
O

National bank
Name of State

O State bank
• Trust company
O Stock savings bank
O

Mutual savings bank

O Private bank

•
1. Nameofbank2eoes

tate Bank

2. Date organized 10-25-1911

Date suspended

3. Federal reserve district Seventh

Town or City

6/.V1

C

t r

County

3 Population of town or city*

Member or nonmember of F. R. Systern

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

ione

Outside city of parent bank**

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

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


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

iO

Crib

2500

June 2• 1923 (Per audit June 18, 1923)

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

$

Total loans and discounts

263,049.71
15,753.18

Real estate acquired in satisfaction of debts

6 650.00
Casa & due from,
ban.:s
10 526.58 78 473.90
Expense
.
Liabilisties in e::cess of &scats.
..45,807.70353925.79
otai resources
Investments
Banking House
All other resources F.

9,367.03
Fix. 3;965.00

Capital
1.._1

Surplus and undivided profits

On (1

Deposits:
1,560.00

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

90,484.14
116,838.22
,
208,>82.36

Total deposits
Borrowings from F. R. bank
Borrowings from other banks
igre it letters 1,Inpaid
ts outstandins
All other liabilities

117,500.00
3
'9R8:Sg

363,926.79

Total liabilities
7. Has this bank been reopened?

8,544.43

-7

If so give:

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

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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 8een 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 clainis
General claims
Total
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

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

Payments from
guaranty fund

117)500
1,000

Total payments

Per cent of payments
to claims allowed

117,500.00

100

1)000.00

100

qi

219,367. 9
337,867.7e

1,08t7) .L-f)rox 10

Just about to pay a final dividend — probably about 8‹,
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 claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Secured claims
Preferred claims
General claims.
Total claims.


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

.,

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

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

Primary
I. 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
O

National bank
Name of State

KJ State bank

O

Trust company

O Stock savings bank

O Mutual savings bank

WISCONSIN

O Private bank

•
1.

Name of bank STATE

2. Date organized

3. Federal reserve district

BANK OF LODI

1897

Date suspended

Seventh

Town or City

3/27/30

County

Outside city of parent bank**

Non

None
No

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

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


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

COLUI\TIA

Population of town or city* 1200

Member or nonmember of F. R. System

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

•

LODI

No

6. Condition figures, as of (date*)

Arch 27, 1930

Loans and discounts:
On real estate
Other
$

Total loans and discounts

535,037.43
3,600.00

Real estate acquired in satisfaction of debts

5f\

Investments

Cash & due from 'banks
All other resources..F&E. &. Bank.

3,500.00

10,691.83
6.,0.00..00

16,691.83
558,829.26

Total resources
Capital

25,000.00

Surplus and undivided profits

17,333.09

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

117,143.65
352,241.67
69,385.32

Total deposits
Borrowings from F. R. bank

40,000.00

Borrowings from other banks

7,110.85

All other liabilities

558,829.26

Total liabilities
7. Has this bank been reopened?
Date of reopening

gi4,7t,
(

Name under which reopened In

If so give:
Pi /93/

process of reorganization.

Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims

To be placed in
segregated trust.

Preferred claims
General claims

235,514.53

50.3%

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

(Reorganization
No ( If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Claims allowed

---' bi•i&dends paid from
collions

Payments from
guaranty fund

payments

Per cent of payments
to claims allowed

—

Secured claims. . . .
Preferred claims. .
General claims. . . .'I 685 165
Total clainrs_.

-816ri' -7-

76

•

10. ilak.sthis bank been finally liquidated?
Date liquidation was completed

No

If so give:

Collections:
From liquidation of assets to

12/30/31

$ 58,172.09
37,500.00

From assessments on shareholders
Other collections (explain)

95,672.09

Total collections

$ 3,581.40

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

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
L 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
[j] National bank
Name of State

State bank

LI
LI

Trust company
Stock savings bank

LI Mutual savings bank

LI

WLSCONSIN

Private bank

•
Loyal State Bank
Loyal
1. Name of bankCounty
Town or City
2. Date organized

5/8/03

3. Federal reserve district

Date suspended

1/16/30

S eventh

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

Population of town or city*

Member or nonmember of F. R System

None

Outside city of parent bank**

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

* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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

Clark
735
Non

Jan. 16, 1930

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

$ 33,881.40

On real estate

208,748.91

Other

$242,625.31
23,739.70

Total loans and discounts
Real estate acquired in satisfaction of debts

116 41,624.60

Investments

Bkg. Huse
All other-resources.FecbDae from app. 4g
:
Total resources

7,500.00 asl 1 945.22
10;000.00 xcags.'dbu.64.
1,898.52
89.11

NA,

21,613.49
329,603.10

Capital

25,000.00

Surplus and undivided profits

12,145.38

Deposits:

$

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

15,701.11
75,811.60
172,975.01
$264,487.72

Total deposits
Borrowings from F. R. bank

27,970.00

Borrowings from other banks
All other liabilities

329 603.10

Total liabilities

7. Has this bank been reopened?

Yes

If so give:

Date of reopening 6/9/30
Name under which reopened
Loss to depositors on:

Clark

County Bank '
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

Placed in .segregate.d. 43,967.92
trust.

17c/T,',

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims

NONE

Total
9. Is this bank still in process of liquidati

No
(A

Claims allowed

If so give payments to date:
tnts in dollars)

Dividends paid from
collections

ayments from
gu. nty fund

Secured claims.19,319.14

Per cent of payments
. c aims allowed

Total paymen

'319.14

100%

220,519,80

•
•

Preferred claims.

64,48.

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

Dividends paid from
collections

Payments from
guaranty fund

claims

,

Preferred claims
General claims
Total claims.


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

Per cent of payments
to claims allowed

Total payments

,

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

Primary
cause

Contributing
cause

./

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

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

•

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

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

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

National bank
Name of State

[XI State bank
O Trust company
O Stock savings bank

Ii

WISCONSIN

Mutual savings bank

O Private bank

•
1. Name of bank

2. Date organized

Loyal State Bank
6/15/03

3. Federal reserve district

Date suspended

Town or City

11/12/23

Seventh

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

Loyal

County

Population of town or city*

Member or nonmember of F. R. System__

None

Outside city of parent bank**

•

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

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


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

No

Clark
735

Non

6. Condition figures, as of (date*) Nov. 12, 1923
Loans and discounts:

$

On real estate

13,587.20
187,414.08

Other

$ 201,001.28

Total loans and discounts
Real estate acquired in satisfaction of debts

‘)...0b

Investments

Bk. douse & F&F
All other resources.. AS11

Expenses
Total resources

17 500.00
11;173.44
760.01

4,200.00
29,433.45
234,634.73
25,000.00
5,000.00

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

66,921.12
109,845.08
$ 176 766 20

Total deposits
Borrowings from F. R. bank

27,868.53

Borrowings from other banks
All other liabilities

234_,634.73

Total liabilities

Date of reopening

Yes v

If so give:
Dec.. 18-, 1923

7. Has this bank been reopened?

Name under which reopened
Loss to depositors on:

Same
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

NONE

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


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

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims

NONE
Total
If so give payments to date:

9. Is this bank still in process of liquidation?

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

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

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

(

( No ollims filed.
(

Total claims. . . .

If so give:

10. Has,Qiis bank been finally liquidated?
Da-&-iiquidation was completed
Collections:

To 12/18/23

From liquidation of assets

50,000.00

From assessments on shareholders
Other collections (explain)

50,000.00

Total collections
Offsets to claims (loans paid, etc.)
Portents 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

EJ National bank

Name of State

Z] State bank

o
o

Stock savings bank

El

Mutual savings bank

o

Private bank

67

Trust company

W IS C ONSIN

•
1. Name of ban

8k___.B.,_UkQf'_L_uo k

2. Date organized 10/20/03

3. Federal reserve district

Date suspended

Town or City

7/29N

Ninth

Luck

County

Population of town or city*

Member or nonmember of F. R. System

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

Polk

500
Non

None

Outside city of parent bank**

•

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

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


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

No

6. Condition figures, as of (date*)

Deo. 31, 1930.

Loans and discounts:

$ 134,300.20

On real estate

88,658.23

Other

222,958.43

Total loans and discounts
Real estate acquired in satisfaction of debts

86,598.17

Investments

15,525.00

All other resources

52,646.90
377,728.50

Total resources
Capital

45,000.00

Surplus and undivided profits

10,000.00

Deposits:
Due to banks**

96,061.71

Demand deposits, including U. S. Govt. deposits

229,722.02

Time deposits, including postal savings

$ 325,783.73

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

2,300.00

All other liabilities

383,083.73'

Total liabilities

Loss to date
7. Has this bank been reopened?

NO

5,355.23

If so give:

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

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims

None.

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


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

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

NO

If so give:

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

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Per cent of payments
to claims allowed

Total payments

Secured claims. . .
Preferred claims. .

21.74

21.74

General claims . . .

22,043.04

64,408.61

Total claims. . .

22,064.78

21.74

100

G LI t )'? C 5" (e 1

20%

(-,Li "I 30. '35

10. Has this bank been finally liquidated?

No

If so give:

Date liquidation was completed
Collections:

$ 48,775.31

From liquidation of assets To 12/31/30

2,300.00

From assessments on shareholders

830.56

Other collections (explain)

51,905.87

Total collections
$

Offsets to claim (loans paid, etc.)

14,220.78

Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured

Dividends paid from
collections

Payments from
guaranty fund

Per cent of payments
to claims allowed

Total payments

claims

Preferred claims

.

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
Decline in real estate values

Contributing
cause

X

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?

•

yes

If so, state what industry or type of agriculture

Real Estate Loans.

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

Yes

No. 7, 1930.

If so, give dates and amounts of all assessments

100% assessment on stock.

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

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

pg

Name of State

State bank

[1] Trust company
• Stock savings bank
• Mutual savings bank

WISCONSIN

• Private bank

•
1.

Name of bank FanTlP 71S

2. Date organized

6/24/11

3. Federal reserve district

& MA'PC}I MI t.S Bardrrown or City

Date suspended

4/24/28

Seventh '

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

Marion
Mar

County

Population of town or city*

M
Member or nonmember of F. R. System__

None

Outside city of parent bank**

•

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

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


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

No

Wau.paca
1000
Non

6. Condition figures, as of (date*) Date of Suspension April 28, 1928
Loans and discounts:

$ 55,325.00

On real estate

207,581.14

Other

$ 262,906.14

Total loans and discounts
Real estate acquired in satisfaction of debts

NOT/0
c40

Investments

16,862.50
9,160.71

All other resources

288,929-25___

Total resources

25,000.00

Capital

1,620.57

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

44,556.30
183,072.48
$ 227,628.78

Total deposits
Borrowings from F. R. bank

34,680.00

Borrowings from other banks
All other liabilities

283.929.35

Total liabilities

7. Has this bank been reopened?

No

If so give:

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

Antount of loss

Per cent of loss
to claims

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


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

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

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. . ..

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

Yes
If so give:
Dec. 17, 1928

Collections:
$

From liquidation of assets
From assessments on shareholders
Other collections (explain) Interest

266,966.09
23,300.00
8,055.67

on loans

. 298,321.76

Total collections

$

Offsets to claims (loans paid, etc.)

15,070.20

Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

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


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

14,856.04 2]4,856.04
14,856.04 214,856.04

2141856 04
214,856.04

100%
100%

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

Primary
cause

Contributing
cause

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

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

•

or agriculture?
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

gi State bank
111 Trust company

LI Stock savings bank
fl Mutual savings bank

VITSQONSIN

Private bank

•
t
1. Name of bank Monfort
2. Date organized

ig 9 A.

3. Federal reserve district

State Bank

Town or City

Date suspended 6/10/22

Seventh

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

M'ontfort

county

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

•

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

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


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

Grant

No

Non

July 14, 1922

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

$

On real estate

6,490.00
113,831.64

Other

$ 120,321.64

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

3,475.00

Investments

4,800.00
27,763.89

All other resources

156,360.53

Total resources

20,000.00

Capital

6,300.00

Surplus and undivided profits
Deposits:
$ 4,304.80

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

28,637.37

Time deposits, including postal savings

59,813.30
$ 92,755.47

Total deposits
Borrowings from F. R. bank

32,950.00

Borrowings from other banks

4,355.06

All other liabilities

15.4360.53

Total liabilities

7. 1has 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?

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims

93,918.69

Total

93,918.69

70.3%
70.3%

If so give payments to date:
9. Is this bank still in process of liquidation? 11°
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Per cent of payments
to claims allowed

3,936.89
2,522.20

12%
100%

33,468:13 39,549.44

39,549.44

29.7%

681 590.33

Total claims

Total payments

3,936.89
2 522 20

Secured claims. ...32,500.00
2,522.20
Preferred claims
General claims

Payments from
guaranty fund

43,486.33

lt L 02-).,3
1

Yes
If so give:
10. Has this bank been finally liquidated?
Date liquidation was completed Feb. 4, 1930
Collections:

$ 52,198.87

From liquidation of assets

11,110.51
4,000.00

From assessments on shareholders
Is

Other collections (explain)

67,309.38

Total collections

$

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

Claims allowed

Dividends paid from
collections

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


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

As in No. 9.

Payments from
guaranty fund

1,108.65

Collected from Surety Co. on
Cashiers bond.
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
M

Name of State

State bank

38

[1] Trust company
ID Stock savings bank
• Mutual savings bank

:iscoisIN

O Private bank

The
.—Ste-rline State
1. Name of banklit-

12/14/12
2. Date organized

3. Federal reserve district

Bank

Date suspended 9/23/25

7th

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

•

Town or Cityi.dt.

Sterling County Crowford.

Population of town or city*

N on
Member or nonmember of F R. System__

None

Outside city of parent bank**

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

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


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

2'SO

No.

9/23/25

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

$ 217,509.79

Total loans and discounts

22,386.04
6,437.94

Real estate acquired in satisfaction of debts
Ilavestment5

5,242.43
. 2,940.36

Bank blag. & F&F
All other resources.

8,283.79
254,617.56

Total resources

15,000.00

Capital

3,576.53

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

34,397.98
149,.
699 27
$ 184,097.25

Total deposits
Borrowings from F. R. bank

39,850.00

Borrowings from other banks
All other liabilities

Rediscounts

12,093.78
254 617.56

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

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

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Rediscounts
Secured claims. . .
Preferred claims..
General claims. . .

Dividends paid from
collections

Payments from
guaranty fund

Per cent of payments
to claims allowed

Total payments

2 093.00 12 y 093.00
9'850.00
5
2,120.00 2,120.00

12,093.00
2,120.00

100%

05,939.13 51,484.78

51,484.78

25%
D'

Total claims. . . )(,'

10. Hasthis bank been finally liquidated?

No

If so give:

Date-liquidation was completed
Collections:
From liquidation of assets to

12/31/29

$ 60,859.24

From assessments on shareholders

7,200.00

Other collections (explain)

6,086.03
74,145.27

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

Dividends paid from
collections

Payments from
guaranty fund

Per cent of payments
to claims allowed

Total payments

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


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

1

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

Primary
cause

Contributing
cause

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

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

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

National bank
Name of State

11 State bank
0 Trust company
O Stock savings bank

va$CONSTJT

• Mutual savings bank
O Private bank

1.

Name of bank

2. Date organized

Farmers State Bank
10/4/06

3. Federal reserve district

Date suspended

Town or city

9/8/27

Seventh

Ogdensburg

County

Population of town or city* 300

Member or nonmember of F. R. System

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

None

Outside city of parent bank**

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

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


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

Vi.aupaca

No

Non

6. Condition figures, as of (date*) date of suspension September 7, 1927.
Loans and discounts:
On real estate
Other
$100,725.36

Total loans and discounts

14,551.00

Real estate acquired in satisfaction of debts
Investments

Stocks & Bonds

Nr)-() 18,672.75

house,Fixtures,Overdrafts
All other resources Cash,Banking

8,576.38
142,525.49

Total resources

25,000.00

Capital

6,324.85

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

20,756.00

Tune deposits, including postal savings

86,944.64
$ 107,700.64

Total deposits
Borrowings from F. R. bank

3,500.00

Borrowings from other banks
All other liabilities

142,525.49

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?

No

If so give:

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

Per cent of loss
to claims

Amount of loss

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

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. ...

Yes
If so give:
10. Has this bank been finally liquidated?
Date liquidation was completed Nov. 17, 1928
Collections:
$ 86,804.48

From liquidation of assets

21,938.95

.
ders
1.i,
t9.1"),,ega
e from
e,
a s,
s.qr
i-ance..Rdun
Other collections (explain).M"

From assessments on share

5,652.10
114,395.53

Total collections
$

Offsets to claims (loans paid, etc.)

6,812.86

Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

claims

Preferred claims
General claims....101,467.4

101,467.43

101,467.43

100%

101,467.4

101,467.43

101 467.43

100%

Total claims


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

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

Primary
cause

Contributing
cause

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

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

•

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

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

g

Name of State

State bank

77

11) Trust company
Stock savings bank
El

Mutual savings bank

VaS CIONS IN

Private bank

•
1. Name of bank

2. Date organized

F armers State Bank
2/1/11

3. Federal reserve district

Town or City

I18/23
12
Date suspended___

Seventh

County

Population of town or city*

Member or nonmember of F. R. System_

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

•

Packlivaukee

None

Outside city of parent bank**

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

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


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

No

Marquette
450
Non

6. Condition figures, as of (date*) Dec. 18, 1923
Loans and discounts:
On real estate
Other
$ 29,453.02

Total loans and discounts

5,010.49

Real estate acquired in satisfaction of debts
'
2)1\

Investments
All other resources

Cash

7,525.00
7,534.83
49,523.34

Total resources

10,000.00

Capital

5,312.27

Surplus and undivided profits
Deposits:
-$

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

$34,211.07

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

4:9_,523.34

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

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?

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims

NONE
Total
9. Is this bank still in process of liquidation?

-IN°

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. .

Claims not segregated

Preferred claims.

32,788.26 1 321 788.26

General claims.

100%

32,788.26

Total claims

If so give:
Yes
10. Has this bank been finally liquidated?
1924
16,
iVray
Date liquidation was completed
Collections:

22500.00u

From liquidation of assets

10000.00

From assessments on shareholders

288.26
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

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


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

100%

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

Primary
cause

Contributing
cause

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

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

410

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

O National bank

n

State bank

111

Trust company

Name of State

[1] Stock savings bank
E] Mutual savings bank
ID

Private bank

1. Name of bank Plum City State Bank

2. Date organized

1/7/10

3. Federal reserve district

Town or City

Plum City

Pierce
County

7/15/30
Date suspended

Ninth

400
Population of town or city*

Member or nonmember of F. R. System

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

None

Outside city of parent bank**

•

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

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


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

No

Non

July 15 - 1930

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

24,137.00

Other

87,450.13
111,587.13

Total loans and discounts

11,300.00

Real estate acquired in satisfaction of debts
Investments

None

All other resources

U.S.Bonds

\\l''

irt

wifaitsittr.
123,137.13

Total resources

10,000.00

Capital
Surplus and undivided profits

4,048.81

Deposits:

2,422.01

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

44,932.56

Time deposits, including postal savings

67,166.20
$ 114,520.77

Total deposits
Borrowings from F. R. bank

31500.00

Borrowings from other banks
All other liabilities

Overdrafts-First .11.at'1 B.aaX.S.t.13

Total liabilities
7. Has this bank been reopened'

166.98
118_,2_07.75

Yes

If so give:

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

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims

Put in segregated lirust

38,103.83

33 1/3

38,103.83

33 1/3

General claims
Total

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


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

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

If so give:

No

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

Per cent of loss
to claims

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

Claims allowed

•

No

If so give payments to date:
(Amounts in dollars) It is in process of r orcinization

Dividends paid r.'
collections

Payments from
:uaranty fund

Secured claims.... 3174-46
Preferred claims. . . 186.68

---.Per cent of payments
T. : payments
to claims allowed

74 4.

100 %

186..g

100 %

76,41694

General claims. . . . 1111

• ii

Total claims. .. .

10. Has_this bank been finally liquidated?
Date liquidation was completed

If so give:

Collections:
From liquidation of assets..
101000.00

From assessments on shareholders
Other collections (explain)

431162.38

Total collections
Offsets to claith (loans paid, etc.)
1ayments to depositors:

6489.69
(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

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? Ibstly agriculture. Loans made to unr(A..iable parties
If so, state what industry or type of agriculture

Vie have diversified farming.

What was the approximate date of the beginning of the difficulty which ultimately caused the suspen-

When the cashier assumed management about 8 yrs ago
sion ?
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?

:Ster

If so, give dates and amounts of all assessments

The directors (1,3clared a 100 5 assessment the 18th day of Dec 1 t
c:abr 193O,•


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

•

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

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

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

National bank

g

State bank

Name of State

36

O Trust company
O Stock savings bank
O

Mutual savings bank

WISCONSIN

O Private bank

•
1. Name of bank

2. Date organized

Farmers State Bank

11/8/17

3. Federal reserve district

Town or City

11/13/25
Date suspended__

Ninth '

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

Poskin

Barron

County

150

Population of town or city*

Member or nonmember of F. R. System_

Non

None

Outside city of parent bank**

•

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

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


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

No

6. Condition figures, as of (date*)

11/12/25

Loans and discounts:
On real estate

$

69,912.06

Other

$ 69,912.06
9,917.26

Total loans and discounts
Real estate acquired in satisfaction of debts

lb

Investments

7,299.17
87,128.49

All other resources
Total resources

10,000.00

Capital

1,500.00

Surplus and undivided profits
Deposits:

Demand deposits, including U. S. Govt. deposits

1,000.00
11,173.81

Time deposits, including postal savings

63,160.63

$

Due to banks**

$ 75,334.44

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

294.05

All other liabilities

_JiL128.49

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?

NO

If so give:

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

Per cent of loss
to claims

Amount of loss

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

_

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

73,824.33 47,972.73

-.--€157: (,1

47,972.73

Total claims. . ..

No

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

If so give:

Collections:
From liquidation of assets

$ 49,892.46

To 12/31/30

From assessments on shareholders

4,600.00

Other collections (explain) F&F

6,020.25

and Real Estate

60,512.71

Total collections

$

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

2,168.14

(Amounts in dollars)
Claims allowed

Secured claims

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

NONE
n

Preferred claims
General claims
Total claims.


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

73,824.33 47,972.73
73,824.33

47,972.73

.65

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., 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
El Stock savings bank
• Mutual savings bank

liVISCONSIN

El Private bank

•
1. Name of bank

2. Date organized

Peoples State Bank
1/20/15

3. Federal reserve district

Date suspended

Town or CityPrairie

4/24/30

Seventh

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

du

Chien

County Crrato rd.

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

•

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

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


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

No

3500
Non

6. Condition figures, as of (date*) April 24, 1930
Loans and discounts:
$ 221,495.93

On real estate

484,217.13

Other

$ 705,713.06

Total loans and discounts

69,000.00

Real estate acquired in satisfaction of debts

'T:
0 37,145.25

Investments
Cash & due from banks 22,132.46
All other resources
11,933...30

34,065.76
845,924.07

Total resources
Capital

50,000.00

Surplus and undivided profits

10,368.90

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

161,731.11

Tune deposits, including postal savings

571,429.73
$ 733,160.84

Total deposits
Borrowings from F. R. bank

52,394.33

Borrowings from other banks
All other liabilities

845,924.07

Total liabilities

7. Has this bank been reopened?
Date of reopening

Yes

If so give:

Oct. 20, 1930.'

Name under which reopened

Same

Amount of loss

Per cent of loss
to claims

340,716.22

48% ..

340,716.22

48%*

Loss to depositors on:
Secured claims
Preferred claims
General claims
Total

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

*In hands of Trustees for liquidation.
not determined.

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

Percentage of loss

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

NONE

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

No

If so give payments to date:

(Amounts in dollars)

Clai

'Secured claims

• owed

Dividends paid from
collections

Payments from
guaranty fund

'
0.41

/N

0,
yments

2,394.33

52,394.33

535.68
8 ..

535.68
36* :

Preferred claims.
General claims. . .709

Per cent of payments
to claims allowed

100%
100%
/0
52'

Total clairtir....
...------

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 assessmentc

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

Type of bank reported—check
appropriate one of the following
I=1

National bank
Name of State

El State bank
• Trust company
LI Stock savings bank
▪ Mutual savings bank

LI

WISCONSIN

Private bank

•
1. Name of bank

2. Date organized

Sauk Bank
1/15/98

3. Federal reserve district

Town or CityPrairie

Date suspended

1/14/25

Seventh b'

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

d.0

Sac
County

Population of town or city.

Member or nonmember of F. R. System

None

Outside city of parent bank**

•

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

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


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

No

Sauk
866
Non

January 14, 1925

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

$ 68,090.00

On real estate

219,677.45

Other

$ 287,767.45

Total loans and discounts

10,000.00

Real estate acquired in satisfaction of debts
-)
rA

Investments

32,712.50
24,940.30

All other resources

355,420.25

Total resources

25,000.00

Capital

7,393.26

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

118,775.97

Tune deposits, including postal savings

199,251.02
$ 318,026.99

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

5,000.00

All other liabilities
355 420.25

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?

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

Yes

If so give payments to date:

(Amounts in dollars)
Claims allowed

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

Dividends paid from
collections

Payments from
guaranty fund

5,000.0

5,000.00
630.00

630.00
342,081.0. 185,299.20
347,711.0^
• I II

NO

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

Total payments

185,299.20

Per cent of payments
to claims allowed

100%
100%
.4F-4__
.., '

If so give:

Collections:
From liquidation of assets

to 12/31/30

$ 199,477.44
25,000.00
23,773.75

From assessments on shareholders
Other collections (explain)

248,251 19

Total collections

$

Offsets to claims (loans paid, etc.)

12,976.74

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 assessmentc

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

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

Name of State

State bank

0 Trust company
O Stock savings bank
O

Mutual savings bank

O Private bank

•
1. Name of bank

2. Date organized

Bank of Prentice
9/11/03

3. Federal reserve district

Date suspended

Town or City

2/17/27

Ninth

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

•

Prentice

County

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

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

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


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

No

Price
1000
Non

6. Condition figures, as of (date*) February 17, 1927
Loans and discounts:
$

On real estate

60,425.45
122,418.69

Other

$ 182,844.14

Total loans and discounts

14,233.88

Real estate acquired in satisfaction of debts
\V\

Investments

5,850.00
31,988.10

All other resources
Debit Undivided Profits.
Total resources

_aR?6:2Y
10,000.00

Capital

1,650.00

Surplus and undivided profits
Deposits:
$

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

1,164.52
58,178.16

153,226.53
$ 212,569.21

Total deposits
Borrowings from F. R. bank

20,000.00

Borrowings from other banks
All other liabilities

244,219.21

Total liabilities

7. has this bank been reopened?

*

If so give:

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

Amount of loss

Per cent of loss
to claims

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


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

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Secured claims. ... 20,000.0

20,000.00

20I000.00

5 p 121.5

5,121.54

5,121.54

General claims. ... 200,017 6

30,175 35

Per cent of payments
to claims allowed

100/,
u

Preferred claims...

None

15%

30,175.35

5. 7, )(1;,/ ,

Total claims. ...

No
10. Has this bank been finally liquidated?
Date liquidation was completed

If so give:

Collections:
From liquidation of assets to 12/31/30

$ 95,816.98
6,118.73

From assessments on shareholders

11,256.90

Other collections (explain)

113,192.61

Total collections

$ 15,298.64

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 assessmentc

•

FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING

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

Type of bank reported—check
appropriate one of the following

LI National bank

in

Name of State

State bank

El Trust company

LI Stock savings bank
El

WISC ONS IN

Mutual savings bank

El Private bank

•
1.

Name of bank

2. Date organized

Barron County Bank
9/12/03

3. Federal reserve district

Date suspended

Town or City

12/7/26

Ninth

Population of town or city*

Member or nonmember of F. R. System_

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

S

Ric e Lake county Barron

None

Outside city of parent bank**

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

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


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

No

5000
Non

6. Condition figures, as of (date*) December 7, 1926
Loans and discounts:
$

On real estate

95,806.90
149,645.83

Other

$ 245,452.73

Total loans and discounts

35,558.91

Real estate acquired in satisfaction of debts

6,644.81

Investments

17,430.10

All other resources

305,086.55

Total resources

25,000.00

Capital

1,967.56

Surplus and undivided profits
Deposits:
$ 2,378.12

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

79,909.28
156,349.84
$ 238,637.24

Total deposits
Borrowings from F. R. bank

39,481.75

Borrowings from other banks
All other liabilities

_ 305,086.55

Total liabilities

7. Has this bank been reopened?

No

If so give:

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

Amount of loss

Per cent of loss
to claims

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


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

If so give:

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

Per cent of loss
to claims

Amount of loss

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

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

Dividends paid from
collections

39,481.75

Payments from
guaranty fund

39,481.75
2,805.12

39,481.75

25 805.12
16,827.44 117,903 64
59,114.31
No

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

Total payments

2,805.12
117,903.64
.11,\ 101h . 5- I
-

1

Per cent of payments
to claims allowed

100%
100%
—55%
L, 1,'-

If so give:

Collections:
From liquidation of assets

to 12/31/30

$ 189,676.15

From assessments on shareholders,

Profit on sale of bk.bldg.

Other collections (explain).1-nt.

.111-1)-.

a.P.11,131gS

9,045.66
326,979.42

225,701.23

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

Type of bank reported—check
appropriate one of the following

111 National bank
VA

Name of State

State bank
Trust company
Stock savings bank
Mutual savings bank

VaSCONSIN

Private bank

•
1. Name of bank

2. Date organized

Citizens State Bank
9/4/03

3. Federal reserve district

Date suspended

Town or City

1/7/30

Ninth

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

•

Rice Lake county Barron

Population of town or city*

Member or nonmember of F. R. System_

None

Outside city of parent bank**

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

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


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

NO

5000
Non

6. Condition figures, as of (date*) January 7, 1930
Loans and discounts:
$ 125,973.09

On real estate

195,747.06

Other

$ 321,720.15

Total loans and discounts

22,957.81

Real estate acquired in satisfaction of debts

9,293.66

Investments

24,134.05

All other resources
Total resources

378,105.67
35,000.00

Capital

6,628.19

Surplus and undivided profits
Deposits:
$

Due to banks**

9,013.55

Demand deposits, including U. S. Govt. deposits

115,004.16

Time deposits, including postal savings

172,459.77
$ 296,477.48

Total deposits

None

Borrowings from F. R. bank

40,000.00

Borrowings from other banks
All other liabilities

378,105.67

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

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Payments from
guaranty fund

Claims allowed

Dividends paid from
collections

40,000.0

405 000.00

40 000.00

8,561.6
General claims. ... 243,846.2
292,407.9
Total claims

8 J 561.69
48,769.24

8,561.69
48,769.24

Secured claims
Preferred claims...

Total payments

Per cent of payments
to claims allowed

100%
00%___
20%

0,313
1 7,33
..

10. flas_this bank been finally liquidated?

No

If so give:

Date liquidationwas completed
Collections:

To 12/30/30
$ 147,830.01

From liquidation of assets
From assessments on shareholders

8,944.98

Other collections (explain)

9,707.37
166,482.36

Total collections

$

Offsets to claims (loans paid, etc.)

41,705.30

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

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

29

Name of State

gl State bank
O Trust company

O

Stock savings bank

O

Mutual savings bank

WISCONSIN

O Private bank

•
1. Name of ban

2. Date organized

Farmers & Merchants BankTown or City Richland.

5/10/13

3. Federal reserve district

Date suspended4/19/30

Seventh

County

None

Outside city of parent bank**

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

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


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

Richland

Population of town or city* 3500

Member or nonmember of F. R. System

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

•

Center

No

Non

6. Condition figures, as of (date*) April 19, 1930
Loans and discounts:

$ 216,746.61

On real estate

209,480.19

Other

$ 426,226.80
42,772.42

Total loans and discounts
Real estate acquired in satisfaction of debts

1

149,226.25

**

Inyestme4s.

Gash u due from Bks 8,100.90 F&F 14;044.:78 ****

All other resources

31,409.81

—9,264 13

649,635.28

Total resources
Capital

50,000.00

Surplus and undivided profits

38,611.86

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

136,760.10
263,984.36
$

Total deposits

-

Borrowings from F. R. bank

158,000.00

Borrowings from other banks

2,278.96

All other liabilities

649,635.28

Total liabilities

7. has this bank been reopened?
Date of reopening

Yes
r-

If so give:

Aug. 11,', 1930
Same -

Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims

.Put in segregated trust 100,819.67

General claims

25q
/0

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

a


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:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

NONE

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.. ..

035 278.67
03/ 278.67

If so give:

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

75%
75%

302,459.00
302,459.00

To 8/4/30
$ 31,865.81
50,000.00

From liquidation of assets
From assessments on shareholders
Other collections (explain)

Rents & overd.rafts

Total collections

2,708.24
84,574.05

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
O

National bank
Name of State

[31 State bank
• Trust company
0 Stock savings bank
O

WISCONSIN

Mutual savings bank

O Private bank

•
1. Name of bankFar

2. Date organized

. State Bank
& Mer.

6/1/92

3. Federal reserve district

Date suspended

Town or Cit

9/30/29

Ninth'

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

iver Falls

County

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

•

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

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


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

No

Pierce
2500
Non

6. Condition figures, as of (date*)

9/30/29

Loans and discounts:
On real estate
Other
$

Total loans and discounts

73,968.32
Real estate acquired in satisfaction of debts 18,350.00

641,756.67
92,318.32
11,186.25

Investments

Cash & due from banks
All other resources

48;606.99
8995
4,,

52,996.94
798,258.18

Total resources
Capital

75,000.00

Surplus and undivided profits

23,811.67

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

291,580.63
346,847.56
$ 638,428.19

Total deposits
Borrowings from F. R. bank

61,018.32

Borrowings from other banks
All other liabilities

798258.18

Total liabilities

7. Has this bank been reopened?
Date of reopening

Yes

If so give:

2/15/30

Name under which reopened'

Sane

Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims

Gener daims Put into segregated trust 159,607.05
:

25% Doubtful

General claims Ce-12414-44444.-4..&&4434
Total C laims

.4ittagiter=r--,

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

4

•

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
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. . . . 61,018.32

_

1,018.32

100%

478,821.14

,7
75/
0

Preferred claims.. .

,428.19

General claims..
Total claims. ..

If so give:

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

$ 18,752,35
37,500.00

From liquidation of assets
From assessments on shareholders
Other collections (explain)

56,252.35
Total collections

2,335.42

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 CRAIN BANKING

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

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

)0 State bank

o

Trust company

O Stock savings bank
O Mutual savings bank
O Private bank

VIISCONSIN

•
1. Name of bank

Rome State Bank

2. Date organized 6/10/12

3. Federal reserve district

Date suspended

Seven th

Rome

Town or City

6/29/::,8

County_ Jefferson

Population of town or city*

Member or nonmember of F. R. System

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

None

Outside city of parent bank**

•

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

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


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

NO

300

Non

6. Condition figures, as of (date*)

Tune 29th — 1928

Loans and discounts:
$ 23,800.00

On real estate

53,995.96

Other

.
77,79596

Total loans and discounts

92 427.93

Real estate acquired in satisfaction of debts

(
4. (49
.
8,334.50

Investments

182167.32

All other resources

1132 725.71

Total resources

10,000.00

Capital

5,307.69

Surplus and undivided profits
Deposits:
$

Due to banks**

801.40
68,736.65

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

26,415.34
$

Total deposits

95,953.39

Borrowings from F. R. bank

None

Borrowings from other banks

None
2,464.63

All other liabilities

113,725.71

Total liabilities
7. Has this bank been reopened?

NoIf so give:

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

Amount of loss

Per cent of loss
to claims

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

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

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?
•
Claims allowed

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .

None

None

None

none

none

Preferred claims. . .

None

None

None

None

None

General claims. . . .

89359.89

71253.11

None

71253.11

80

Total claims. . . . __:
§9359.89

71253.11

None

71253.11

60

10. TIas this bank been finally liquidated?
D
uidation was completed

No

If so give:

Collections:

12/31/30

From liquidation of assets, 2

$ 78,605.83

From assessments on shareholders

7,928.51

Other collections (explain)

5,869.91

Total collections

_4Q4 25

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims
Preferred claims
General claims
Total claims


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

_

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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?

•

Yes

If so, state what industry or type of agriculture

Flor and seed

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

J'anuary 1926

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

Yes

If so, give dates and amounts of all assessments

100 % stock assessment was levied against the stockholders
in September, 1928 amounting to in tho aggregate
but only


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

7,928.51 has been collected.

10,000.00

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

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

• State bank
Trust company

fl Stock savings bank
111

Mutual savings bank

WISCONSIN

• Private bank

•
1. Name of bank

2. Date organized

First State Bank
11/7/19

3. Federal reserve district

Date suspended

Town or city

5/8/24

Ninth
'

Sanborn

Population of town or city*

Member or nonmember of F. R. System

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

None

Outside city of parent bank**

•

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

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


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

County

Ashland.

80

Non

5/8/24

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

$ 16,830.00

On real estate

40,759.26

Other

$ 57,589.26

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

331.00
Cash

All other resources

31.cg •

467.09
Hour*e 4,700.00

5,167.09
63,087.35

Total resources

10,000.00

Capital

64.31

Surplus and undivided profits
Deposits:

$ 1,851.38

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

26,619.83
22,000.00
$ 50,471.21

Total deposits
Borrowings from F. R. bank

2,551.83

Borrowings from other banks
All other liabilities

63 087.35

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

12 629

25.7%

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


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

prior to suspension

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

No

If so give:

Name of bank by which taken over
Date taken over

Per cent of loss
to claims

Loss to depositors on:

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

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

_
:-ecured claims. . ..
Preferred claims.. .
General claims. ...

95 225.42 36,596.31

74.3%'

36,596.31
•

Total claims. . . .

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

Yes
If so give:
Dec. 20, 1930

Collections:
$

From liquidation of assets
From assessments on shareholders
?C
Other collections (explain). F..de lity Boa,

40,206.55
3,912.17

3,265.40

4,224.50

7,489.90
51,608.62
5 115.33
$

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

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

2,372.65 2,372.65

2,372.65

100c;
in

General claims.49225.4236,596.31

6,596.31

74.3%

Secured claims
Preferred claims

Total claims. . .


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

.5
,

?'

32-i 1 Vi,

75,b

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., 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
0 National bank
Name of State

State bank

Li Trust company
Li Stock savings bank
Mutual savings bank

WISCONSIN

Li Private bank

1.

Name of bank The

2. Date organized

Saxon State Bank
1916

3. Federal reserve district

Date suspended

Town or City

9/10/24

Ninth
'

Saxon

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

Iron
500
Non

6. Condition figures, as of (date*) September 10, 1924
Loans and discounts:
On real estate
Other
$ 65,337.14

Total loans and discounts

1,500.00

Real estate acquired in satisfaction of debts

r-A5 7,650.00

2

Investments

liouse F&F,4 Q Q:
LC,1
•LI
t 11
-'
All other resources k
.er—Assets

15,104.82
391.53
89,983.49

Total resources

10,000.00

Capital

2,000.00

Surplus and undivided profits
Deposits:
447.45

$

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

57,871.31
136,302.25
$

Total deposits

77,983.49

Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
89983.49

Total liabilities

7. Has this bank been reopened?
Date of reopening

Yes

If so give:

Feb. 16, 1925

Name under which reopened
Loss to depositors on:

Same
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total

NONE

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


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

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

No

If so give:

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

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

NONE

Total

No

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Payments from
guaranty fund

Dividends paid from
collections

Total payments

Per cent of payments
to claims allowed

Total payments

Per cent of payments
to claims allowed

_

Secured claims. . ..
Preferred claims...

No claimt filed

General claims. . .
Total claims. ...

10. Has this bank been finally liquidated?

N°

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 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
BRANCII, GROUP AND CHAIN BANKING

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

Type of bank reported—check
appropriate one of the following

GO

[1 National bank
Name of State

M

State bank

111

Trust company
Stock savings bank

11] Mutual savings bank

WISCONSIN

0 Private bank

•
1. Name of bank Bank

2. Date organized

of S candinavia

9/8/03

3. Federal reserve district

Date suspended_

Seventh •

Town or City

Scandinavia County Waupaca

2/26/29

Population of town or city*

Member or nonmember of F. R. System

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

•

Outside city of parent bank**

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

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


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

400
Non

6. Condition figures, as of (date*)

February 26, 1929

Loans and discounts:
On real estate

189,180.00

Other

194,566.85
$ 383,746.85

Total loans and discounts

17,256.00

Real estate acquired in satisfaction of debts
Investments

U. S. & other Bonds

t-\\)
"' 28,238.25
57,571.60

All other resources

486,812.70

Total resources
Capital

25,000.00

Surplus and undivided profits

13,552.92

Deposits:
Due to banks**

Dividends unpaid

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

$

36.00
97,946.23
320,277.55
$ 418,259.78

Total deposits
Borrowings from F. R. bank

30,000.00

Borrowings from other banks

110

All other liabilities

486,812.70

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

•I

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

NO

If so give:
None

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

Amount of loss

Per cent of loss
to clailits

Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Dividends paid from
collections

Claims allowed

Payments from
guaranty fund

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

Per cent of payments
to claims allowed

1000
30,000.00 Bills Payai
124,799.04
30%

30,000.00 30,000.00
115,996.64 124,799.04

Total payments

None

7

15-hiI 199 I

kb—/ e: /

10. Has this bank been finally liquidated?

No

If so give:

Dateliquidation was completed
Collections:
From liquidation of assets

to12/31/30

$ 99,805.70
17,070.37

From assessments on shareholders

11,048.18

Other collections (explain)
•

127,924.25

Total collections

$ 18,601.70

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

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


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

.

•

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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
BRANCII, GROUP AND CHAIN BANKING

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

52

Name of State

El State bank
O Trust company
O Stock savings bank

WIS CONSIN

O

Mutual savings bank
O Private bank

•
1. Name of bank

Lumbermens Bank

2. Date organized

5/15/96

3. Federal reserve district

Date suspended

Ninth

Town or City

3/2/27

Shell Lake

County_

Population of town or city*

Member or nonmember of F. R. System

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

Washburn
1000
Non

None

Outside city of parent bank**

•

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

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


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

No

lviar Ch 2, 1927

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

$ 146,679.48

On real estate

223,542.62

Other

$ 380,222.10

Total loans and discounts

50,154.08

Real estate acquired in satisfaction of debts

A.6\ 26,854.90

Investments

37,838.52

All other resources

495,069.60

Total resources

25,000.00

Capital

5,845.11

Surplus and undivided profits
Deposits:
$

Due to banks**

1,925.62

Demand deposits, including U. S. Govt. deposits

120,374.34

Time deposits, including postal savings

314,474.53
$ 436,774.49

Total deposits
Borrowings from F. R. bank

27,450.00

Borrowings from other banks
All other liabilities

495,069.60

Total liabilities
7. Has this bank been reopened'

N.°

If so give:

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

Amount of loss

Per cent of loss
to claims

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

No

If so give:

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

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Secured claims. ..16,620.99

Dividends paid from
collections

Payments from
guaranty fund

16,620.99

Per cent of payments
to claims allowed

Total payments

16,620.99

100%

118,004.97

30%

Preferred claims. .
General claims. . .

:93,391.76 118,004.97

None

Total claims. . . kl 10 0 1 0_ il 6.*

)5 q

1

10. Ha&this bank been finally liquidated?
Date *qi<on was completed

No

I

ua.579, 3a,ce

If so give:

Collections:
From liquidation of assets.TP..12/31/30

$ 244,959.67
200.00

From assessments on shareholders

27,147.75

Other collections (explain)

272,307.42

Total collections

$ 50,569 41

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

Dividends paid from
collections

Payments from
guaranty fund

Per cent of payments
to claims allowed

Total payments

Secured claims
Preferred claims
General claims
Total claims


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
1. 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
E] National bank

n

State bank
Trust company

Eli Stock savings bank
[1] Mutual savings bank
LE

Private bank

•
1. Name of bank Bank

of Soldiers Grove

2. Date organized -4926

3. Federal reserve district

Date suspended

Seventh

Town or City Sold.iers

2
/24/25

Outside city of parent bank**

None

No

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

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


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

crawf_a_u

Population of town or city*_

Member or nonmember of F. R. System

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

•

Grojroeunty

65 _

Non

Feb. 24, 1925

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

476,501.40

$

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

Bank

biag & P&P

All other resources0.8vsh

6,000.00
.d.ne..front .Bks.....2.,.016.46

8,016.46
484,517.86

Total resources

20,000.00

Capital

6,650.30

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

82,897.48
259,138.21
$ 342,035.69

Total deposits

35,187.00
79,761.00

wribillaufakianuaaloc..Rediaoaunts
Borrowings from other banks

883.87

All other liabilities

484,517.86

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?

No

If so give:

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

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total

Ye S

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Secured claims
Preferred claims..
claims..3
General

Dividends paid from
collections

Payments from
guaranty fund

9,761.00
5,187.00
5,310.40 154,124.16

j

Total payments

9,761.00
5,187.00

100%
100%

1 4,124.16

40%

,
Total claims. .

10. Has this bank been finally liquidated? No

Per cent of payments
to claims allowed

-. , I L

If so give:

Date-liquidation was completed
Collections:
From liquidation of assets 5/1/30

$ 123,046.62
8,700.00

From assessments on shareholders
Other collections (explain) Sale

of O.R.E.

44,301.86
176,048.48

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

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,
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
11

National bank

El

`-±t_t

Name of State

XI State bank
Trust company

II] Stock savings bank
El

Mutual savings bank

WISCV\TSIN

Li Private bank

•
1.

Name of bank Sprin.gb rook

2. Date organized

3/21/17

3. Federal reserve district

State Bank

Date suspended

Town or city5Pringbrook

5/6/27

Ninth

County

Population of town or city

Member or nonmember of F. R. System

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

Washburn
200
Non

None

Outside city of parent bank**

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

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


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

No

Nay 6, 1927

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

$ 30,186.40

On real estate

35,109.44

Other

$ 65,295.84

Total loans and discounts

5,190.00

Real estate acquired in satisfaction of debts
Investments

8,453.01

All other resources

78,938.85

Total resources

10,000.00

Capital

1,939.09

Surplus and undivided profits
Deposits:
$

Due to banks**

494.40

23,549.03

Demand deposits, including U. S. Govt. deposits

32,556.33

Time deposits, including postal savings

$ 56,599.76

Total deposits
Borrowings from F. R. bank

10,400.00

Borrowings from other banks
All other liabilities

78,938.85

Total liabilities

7. Has this bank been reopened?

No

If so give:

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

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims

•

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


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

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

No

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Secured claims. . . .

Dividends paid from
collections

Payments from
guaranty fund

10,400.Ob

Total payments

Per cent of payments
to claims allowed

10,400.00

100%

54,355.9L16,193.79

30%

Preferred claims...
General claims. . . .

A (0 613 "1 a

1

Total claims. . ..

10. HistO_his bank been finally liquidated?

No

If so give:

Da-fe liquidation was completed
Collections:

$ 9,108.57

From liquidation of assets t0 12/31/30

327.00

From assessments on shareholders
Other collections (explain)

9,535.57

Total collections

821.73

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

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

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


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

•

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

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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

e

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

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

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

• State bank
O Trust company
O Stock savings bank
O

Mutual savings bank

IIIS CONSIN

O Private bank

•
1. Name of bank Farmers & Merchant s

Town or City Sun Prairie County_

Dane

2. Date organized 4/1/03

7/3/29

1200

3. Federal reserve district

Date suspended

Seventh

Population of town or city*

Member or nonmember of F. R. System

Non

4. Number of branches operated: In city of parent bank_ None

•

Outside city of parent bank**

None

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

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


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

No

a9

6. Condition figures, as of (date*)July 3, 19
Loans and discounts:

$

On real estate

291,669.86
531,151.47

Other

$ 822,821.33

Total loans and discounts

57,448.67

Real estate acquired in satisfaction of debts
Investments

46,535.01

cOP

60,593.99

All other resources

987,399.00

Total resources
Capital

40,000.00

Surplus and undivided profits

21,351.11

Deposits:
$

Due to banks**

none

Demand deposits, including U. S. Govt. deposits

147,455.83

Time deposits, including postal savings

717,107.06

$ 864,562.89

Total deposits

None

Borrowings from F. R. bank

61,485.00

Borrowings from other banks
All other liabilities

987,399.00

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

No

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

If so give:

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

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . . 91,807.61

91,807.61

NONE

91,807.61

100%

6,682.07
General claims. . . 837,908.4

6,682.0?

NONE

6,682.07

NONE

NONE

NONE

100c'
/fo
NONE

Preferred claims . . .

qi

Total claims. . . 936,398.1

• 10. Has this bank been finally liquidated?

No

9) . _ /bio--

If so give:

Date liquidation was completed
Collections:
$ 215,426.94

From liquidation of assets
From assessments on shareholders

10,700.00

Other collections (explain)..inte.rest.,.. Rents.,e.t c...

33,006,02
$__259,132.96

Total collections

$ 33,091.26

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

Dividends paid from
collections

Payments from
guaranty fund

•
Total payments

Per cent of payments
to claims allowed

Secured claims

None

None

None

None

Preferred claims

None

None

None

None

General claims

None

None

None

None

Total claims

None

None

None

None


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)

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

State bank

34

Trust company
Stock savings bank
Mutual savings bank

WISCONSIN

Private bank

•
1. Name of bankAllouez

2. Date organized

State Bank

9/18/15

3. Federal reserve district

Date suspended

Town or City

1/30/24

Ninth

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

•

Superior

County

Douglas

9 000_
Population of town orcity*?,

Member or nonmember of F. R. System

NOne

Outside city of parent bank**

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

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


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

No

6. Condition figures, as of (date*)

Jan. 30, 1924

Loans and discounts:
On real estate
Other

$103,992.04

Total loans and discounts

8,514.00

Real estate acquired in satisfaction of debts

2,887.35

\61

Investments

Cash

All other resources

6,454.69
121,848.08

Total resources

10,000.00

Capital

796.98

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits.

100,051.10

Time deposits, including postal savings
$

Total deposits

100,051.10

Borrowings from F. R. bank

11,000.00

Borrowings from other banks
All other liabilities

121,848.08

Total liabilities

7. Has this bank been reopened?

No/

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
**Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

8. Hs this bank been taken over by another bank?

NO

If so give:

Name of bank by which taken over
Date taken over
Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims

66,978.73

71.2%

Total

66,978.73

71.2%

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
Total payments

gtmm/Ay fund

Per cent of payments
to claims allowed

Secured claims. . . .

I

Claims not segregate'
General claims. . . 4,048.26 27,069 53
4,048.26 27 069 53
Total claims.
..

Preferred claims..

27,069.53

,

10. Has this bank been finally liquidated?
Date liquidation was completed

28.8%

Yes
If so give:
Oct. 30, 1925

Collections:

$32,990.56
3,500.00

From liquidation of assets
From assessments on shareholders
Other collections (explain)

36,490.56

Total collections

136.64

Offsets to claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Per cent of payments
Total payments

to claims allowed

Secured claims
Preferred claims...

None

General claims. . ..94,048.26
Total claims. . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

27,069.53

None

27 D69.53

28.8%

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data 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

•

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
supervisory
authorities or by the bank's board of directors on account of financial difficulties. This
by
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
E.] National bank
Name of State

Z] State bank
El

Trust company

[1] Stock savings bank

WISCONSIN

Mutual savings bank
E) Private bank

•
1.

Name of bank State

2. Date organized

Bank of Three Lakefo„n or City Three Lakes county Oneida

11/6/12

3. Federal reserve district

Date suspended

Ninth '

3/31/23

Member or nonmember of F. R. System

4. Number of branches operated: In city of parent bank

800

Population of town or city*

Non

None

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No

6. Condition figures, as of (date*)

March 31, 1923

Loans and discounts:
On real estate
Other.
$ 118,482.94

Total loans and discounts
Real estate acquired in satisfaction of debts

8 056.13

Investment-sr... Gash

1,639.1)

All other resources

A/368.76

Expense short.

128,546.96

Total resources

25,000.00

Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

43,848.58
40,998.38
$ 84,846.96

Total deposits
Borrowings from F. R. bank

18,700.00

Borrowings from other banks
All other liabilities

128,546.96

Total liabilities
7. Has this bank been reopened?

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
**Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

8. Has this bank been taken over by another bank?

No

If so give:

Name of bank by which taken over
Date taken over
Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims

46.1%

34,986.62

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. . . .

5,459.62 5,459.62
888.48 40,901.86
General claims.. . . 5
'
11 348.10
Total claims. ... 1

5,459.62
AO 901 86

Preferred claims. .

10. Has this bank been finally liquidated?
Date liquidation was completed

1

1 3(0 I 1 LI ?'

100%
53.9%
5 rl I 0

Yes
If so give:
11/24/25

Collections:

$ 40,901.86

From liquidation of assets
From assessments on shareholders
Other collections (explain)

40,901.86

Total collections

$ 2,629.63

Offsets to claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. .. .
Preferred claims. ..
General claims
Total claims


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Paid
Loss

53.9%
46.1V-100%

11. Causes of suspension:
Check in the appropriate colunin those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data 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

•

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
11

3C,

National bank
Name of State

IK] State bank
LI Trust company
LI Stock savings bank
E] Mutual savings bank
EJ

TI

Private bank

•
1.

Name of bank_Farmers

2. Date organized

6/8/11

3. Federal reserve district

& Merchants Bankrown or City
_
Date suspended_4/15/30

S eventh

4. Number of branches operated: In city of parent bank

Tomah

County

Monroe

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

5. lAras this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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

3800
Non

6. Condition figures, as of (date*)

April 15, 1930

Loans and discounts:
$ 519,030.37

On real estate

327,538.04

Other

$ 846,568.41

Total loans and discounts

48,514.50

Real estate acquired in satisfaction of debts
Investments
Cash & due from Bks 63,713.32— F&F 5,204.64
All other resources. Cash .items••32 3062,41

0
- °128,705.00
100,980.37
1,124,768.28

Total resources
Capital

50,000.00

Surplus and undivided profits

28,903.25

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

188,299.34

Time deposits, including postal savings

810,565.69
$ 998,865.02

Total deposits
Borrowings from F. R. bank

47,000.00

Borrowings from other banks
All other liabilities

1,124,768.28

Total liabilities
7. Has this bank been reopened?
Date of reopening_De c.
Name under which reopened
Loss to depositors on:

Yes

If so give:

1920
Same
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims Put in segregated trust 380,829.43

40%

Total
* Condition items should be as of date of suspension, if possible, 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?

No

If so give:

Name of bank by which taken over
Date taken over
Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
No

9. Is this bank still in process of liquidation?

If so give payments to da

(Amounts in dollars)
Claims allowed

Di • ends paid from
co tions

47,000.00

Secured claims. .

Payme
rom
gu nty fund

Total payments

Per cent of payments
to claims allowed

100cin
/

47,000.00

,----.
.„--,-

Preferred claims
952,073.56

General claims

5

._44.13

60%
_

Total claims

• 10. Has this bank been finally liquidated?
Date liquidation was completed

If so give:

Collections:
From liquidation of assets

To 12/24/30
18,250.00

From assessments on shareholders
Other collections (explain)

18,250.00

Total collections

$ 46,791.47

Offsets to claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Secured claims
Preferred claims
_
General claims
Total claims. . . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Per cent of payments
to claims allowed

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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

15

Name of State

Dri State bank
O Trust company
O Stock savings bank

fl Mutual savings bank
O Private bank

WISCONSIN

•
1. Name of bank

Bradley Bank

2. Date organized

5/4/03

3. Federal reserve district

Date suspended

Ninth'

•
Town or City
7/2/29

Tomahawk

County

Population of town or city*

Member or nonmember of F. R. System

4. Number of branches operated: In city of parent bank__N011e

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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

Lincoln
3000
Non

July 2, 1929

6. Condition figures, as of (date*)
Loans and discognts:

$ 114,136.38

On real estate

304,679.54

Other

$418,815.92

Total loans and discounts

30 848

Real estate acquired in satisfaction of debts
Investments
Fia$9
,.I.F.i
(5.61.1.r..$e.Q
ther assets
All other resources.

k\CO
411.65
51,285.04
34,988.94
584,373.79

Total resources
Capital

60,000.00

Surplus and undivided profits

16,524.01

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

161,359.51

Time deposits, including postal savings

321,490.27
$ 482,849.78

Total deposits
Borrowings from F. R. bank

25,000.00

Borrowings from other banks

•

All other liabilities
584,373.79

Total liabilities
YesIf so give:

7. Has this bank been reopened?
Date of reopening

12/2/29

Name under which reopened
Loss to depositors on:

Same
Amount of loss

Per cent of loss
to claims

Secured claims
2''

Preferred claims

Put

in segregated trust 735081.98

Total claims

365,409.86

General claims

20% Doubtful

* Condition items should be as of date of suspension, if possible, 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?

No

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?

If so give payments to date:
(Amounts in dollars)

Claims allowed

Dividend's •.•• from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

3/31/3Ratg
25,000.0

Secured claims

A
rGee7oo— lay7

25,000.00

Preferred claims. . .
General claims..
Total claims..

365,409.8

292

292,

..
a•

80%

_

10. Has this bank been finally liquidated?

If so give:

Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders

271.40

Other collections (explain)
Total collections
$

Offsets to claim (loans paid, etc.)

17,665.28

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,
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

Ki state bank

71C3

O Trust company
O Stock savings bank
O

Mutual savings bank

D

Private bank

WISCONSIN

•
1. Name of bank State Bank of Trevo

2. Date organized 7/29/10

3. Federal reserve district

or City Trego

Date suspended 8/12/26

Ninth /

4. Number of branches operated: In city of parent bank

1111

To

County

Population of town or city*

Member or nonmember of F. R. System_

None

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Washburn

3°°

Non.

6. Condition figures, as of (date*) August 12, 1926
Loans and discounts:
On real estate

40,751.81

Other

74,746.60
$ 115,498.41

Total loans and discounts

25,509.16

Real estate acquired in satisfaction of debts
Investments
Cash & due fg•II Bks
All other resources.

\\

279.69

8,966.65
1,919-08

10,885.73
152,172.99

Total resources

10,000.00

Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits

41,521.02

Time deposits, including postal savings

61,063.25
$102,584.27

Total deposits
Borrowings from F. R. bank

39,588.72

Borrowings from other banks
All other liabilities

152,172.99

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?

No

If so give:

Name of bank by which taken over
Date taken over
Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)

To 12/31/30

Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

39,480.95 23,983.25
6,571.42
Preferred claims. .. _ 65 571.42
General claims. . . . 01,802.71

Total payments

23,983.25 -58:070
6,571.42 100%

Secured claims. . . .

Total claims. ... 47,855.08

3O /5.5-4, -1

to. Has this bank been finally liquidated? No

Per cent of payments
to claims allowed

7

If so give:

Date liquidation was completed
Collections:

To 12/31/30

400.00

From liquidation of assets
From assessments on shareholders

105.61

Int.

Other collections (explain)

505.61

Total collections
Offsets to claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

' Total payments

Per cent of payments
to claims allowed

Secured claims

Preferred claims
General claims.
Total claims.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

_____

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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
C] National bank
DO

State bank

111

Trust company

Name of State
Jo-

El Stock savings bank
• Mutual savings bank

WIS CONSIN

D Private bank

•
1. Name of bank

2. Date organized

Farmers Exchange Bank
2/21/18

3. Federal reserve district

Date suspended

Town or City

6/12/24

Ninth'

4. Number of branches operated: In city of parent bank

Wanderoos

County

Population of town or city*_

Member or nonmember of F. R. System

None

Outside city of parent bank**
•
5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Polk

250
No

June 12, 1924

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other.

$ 69,292.53

Total loans and discounts

1,193.48

Real estate acquired in satisfaction of debts
Investments
phHouse & F&F
All other resources.

er

6,R29:98

7,224.39

202.69
77,710.40

Total resources

10,000.00

Capital

1,000.00

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

$ 29,684.70

Total deposits
Borrowings from F. R. bank

37,025.70

Borrowings from other banks
All other liabilities

77,710.40

Total liabilities
7. Has this bank been reopened?

No v

If so give:

Date of reopening
Name under which reopened
Loss to depositors on:

Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, 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. 1-1-4,§is bank been taken over by another bank?

No

If so give:

Name of bank by which taken over
Date taken over
Per cent of loss
to claims

Loss to depositors on:
Amount.of loss
Secured claims
Preferred claims

24,009.21
24,009.21

General claims
Total

NO

9. Is this bank still in process of liquidation?

81%

81%

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

Ye 8
If so give:
April, 1928

Collections:

$

From assessments on shareholders

6,890.08
3,100.00

Other collections (explain)

2,356.93

From liquidation of assets

12,347.01

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

Dividendspaidfrom
collections

3,300.4
1,716.60
295 599.81
3)1

I

LP I 140,Y-.

5,590.63

Payments from
guaranty fund

'Dotal payments

3,300.41
1,716.60
5,590.63
101

1,6 7.

ir Li

Per cent of payments
to claims allowed

100
100
19

301u

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data 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

•

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

79

National bank
Name of State

ig State bank

o
o
o
o

Trust company
Stock savings bank
Mutual savings bank

WISCONSIN

Private bank

•
1.

Name of bank

Bayfield County Bank

2. Date organized 8/27/89

3. Federal reserve district

Date suspended

Town or City Washburn

12/5/23

Ninth

4. Number of branches operated: In city of parent bank

county Bayfield

Population of town or city*

Member or nonmember of F. R. System

None

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No

3000
Non

6. Condition figures, as of (date*)

Dec. 5, 1923

Loans and discounts:
On real estate
Other

$219,399.12
/ 5,235.33

Total loans and discounts
Real estate acquired in satisfaction of debts

16,199.52

Investments
All other resources

22,706.82

Cash

263,540.79

Total resources

25,000.00

Capital

7,493.19

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

$214,147.60

Total deposits
Borrowings from F. R. bank

16,900.00

Borrowings from other banks
All other liabilities

263,540.79

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'

NoIf 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. . . .

Claims f led not segr gated.
General claims. . . . 210,241.5 136,444.30

Preferred claims. . .

136,444.30 64 3/4%

Total claims.. . .

• 10.

Has this bank been finally liquidated?
Date liquidation was completed

Yes
Dec • 10

If so give:

1926.

Collections:

$202,648.05

From liquidation of assets

24,300.00

From assessments on shareholders
Other collections (explain)

226,948.05

Total collections

$

Offsets to claim (loans paid, etc.)

9,322.30

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
I. 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 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
BRANCIL GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following

LI

National bank

0:4

State bank

Name of State
CYO

Trust company
Stock savings bank

IN'S CONSIN

Mutual savings bank
Private bank

•
1. Name of bank

2. Date organized

Northern State Bank
9/10/95

3. Federal reserve district

Date suspended

Town or City

12/5/23

Ninth'

Washburn

County

Population of town or city*

Member or nonmember of F. R. System

4. Number of branches operated: In city of parent bank

None

Outside city of parent bank**

•

5. Was this bank a member of a chain or group ? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

Bayfield
3000
Non

6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$ 202,341.89

Total loans and discounts

9,043.46

Real estate acquired in satisfaction of debts

'xiA

Investments
All other resources

4,795.32
18,469.92

Cash

234,650.59

Total resources

25,000.00

Capital

6,167.70

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

$181,982.89

Total deposits
Borrowings from F. R. bank

21,500.00

Borrowings from other banks
All other liabilities

234,650.59

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?

No

If so give:

Name of bank by which taken over
Date taken over
Per cent of loss
tO claims

Loss to depositors on:
Amount of loss
Secured claims
'Preferred claims..
General claims
Total
9. Is

No

bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)

Claims allowed

Secured claims. .
Preferred claims...

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

21,500.00

21,500.00

100%

2,124.12

2 124 12
47,280.53

100%
25.5%

General claims. ..188,320.40

47,280.53

Total claims. ..

10. Has this bank been finally liquidated?
Date liquidation was completed

Yes
If so give:
lay 13, 1929

Collections:

S 58 009•95
350.00

From liquidation of assets
From assessments on shareholders
Other collections (explain)

Cashiers Bond

15,593.37
73,953.32

Total collections
Offsets to claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Secured claims. .. .

2

14 II 11

2,124.1)
188,320.40
General claims
Total claims. . . . 211,944.5'

Preferred 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

21,500.00 100%
2,124.12 100%
47,280.53 25.1%
/

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data 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

IIP

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
O

National bank
Name of State

[2:] State bank

O

Trust company

O Stock savings bank
O

Mutual savings bank

lirv-IS CONSIN

O Private bank

•
1.

Farmers State
Bank
Waukesha nty_
Name of ban
kow
n
T
or CityCou

2. Date organized

6/29/12

3. Federal reserve district

Date suspended

Seventh

5/6/26

Population of town or city*

Member or nonmember of F. R. System

4. Number of branches operated: In city of parent bank__None

Outside city of parent bank**

•

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No

Waukesha
18,000
Non

6. Condition figures, as of (date*)

Ylay
i
6,

1926

Loans and discounts:
$ 83,743.00

On real estate

#220,909.69

Other

$ 304,652.69

Total loans and discounts

3,400.00

Real estate acquired in satisfaction of debts
Investments

Bkg., use
All other resources.

1;888:88

12,365.00
Tssi.I.A11.1,8n
35,567.72
355,985.41

Total resources

a

t

Capital

30,000.00

Surplus and undivided profits

22,117.82

Deposits:
172.86

Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

125,894.57
172,800.16
$298,867.59

Total deposits
Borrowings from F. R. bank

5,000.00

Borrowings from other banks
All other liabilities

355,985.41

Total liabilities

Yes
If so give:
September 4, 1926
S

7. Has this bank been reopened?
Date of reopening

Name under which reopened
Loss to depositors on:

First 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.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

8. Has this bank been taken over by another bank?

No

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss

Per cent of loss
to claims

Secured claims
Preferred claims
General claims

NONE

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?

If so give:

Date liquidation was completed
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

Dividends paid from
collections

Payments from
guaranty fund

•

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)

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
National bank
0:4

Name of State

State bank
Trust company
Stock savings bank
Mutual savings bank

WISCONSIN

Private bank

•
:
4estb0r0
1. Name of bank1

2. Date organized

State Bank

12/16/13

3. Federal reserve district

Date suspended 6/23/27

Ninth

Westboro

Town or City

County_

Taylor

Population of town or city* 300

Non

Member or nonmember of F. R. System

4. Number of branches operated: In city of parent bank

None

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No

6. Condition figures, as of (date*) July 5, 1927
Loans and discounts:
$ 23,205.60

On real estate

41,897.06

Other

$65,102.66

Total loans and discounts
Real estate acquired in satisfaction of debts

4,898.67
cip

Investments

352.00

10,304.90

All other resources

80,658.23

Total resources

10,000.00

Capital

2,500.00

Surplus and undivided profits
Deposits:
734.49

Due to banks**

$

Demand deposits, including U. S. Govt. deposits

38,610.53

Time deposits, including postal savings

26,485.33
$65,820.25

Total deposits
Borrowings from F. R. bank

1,500.00

Borrowings from other banks

827.88

All other liabilities

80,658.23

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

If so give:

8. Has this bank been taken over by another bank? No
Name of bank by which taken over
Date taken over
Loss to depositors on:

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .

3,935.00

3,935.00

3,935.00

General claims. . . . 65,586.05

12,309.09
16,244.09

12,309.09
16,244.09

Preferred claims. . .

Total claims.

• 10. H

60,521.05

this bank been finally liquidated?

NO

100

If so give:

Date liqu'ction was completed
Collections:

$ 38,429.98
2,249.46
1,308.89

From liquidation of assets..t O..12/31/30
From assessments on shareholders
Other collections (explain)

41,988.33

Total collections

$

Offsets to claim (loans paid, etc.)

645900

P3yrr1éts 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,
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

O

National bank
Name of State

• State bank

69

0 Trust company
O Stock savings bank
O

Mutual savings bank

WISCONSIN

O Private bank

•
1.

Name of bank

V.Teyerha user State Bank Town or City Weyerha/userCounty_ Rusk

2. Date organized__ 10.16/12
I

3. Federal reserve district

Date suspended

3/31/30

Ninth •

4. Number of branches operated: In city of parent bank

Population of town or city*

Member or nonmember of F. R. System

l'one

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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

700

Non

6. Condition figures, as of (date*)

March 31, 1930

Loans and discounts:

$ 27,420.28

On real estate

43,060.53

Other

$ 70,480.81

Total loans and discounts

20,855.85

Real estate acquired in satisfaction of debts
Investments

22,829.06

All other resources

114,165.72

Total resources

10,000.00

Capital
Surplus and undivided profits

1,172..13

Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

44,915.06
55,178.53
$ 100,093.59

Total deposits
Borrowings from F. R. bank

2,900.00

Borrowings from other banks
All other liabilities

114,165.72

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?

NO

If so give:

Name of bank by which taken over
Date taken over
Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total

Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Secured claims. . . .
Preferred claims. . .

Dividends paid from
collections

2,900.0S
•

.97
92,490.73

General claims. ..92,490.7
Total claims.

/

Payments from
guaranty fund

3911()D

10. Has4is bank been finally liquidated? No
Date liquidation was completed

Total payments

Per cent of payments
to claims allowed

2,900.00
' .97

100%
100_%

18,498.15

20

,), 3991 I g, 02

ki

If so give:

Collections:
From liquidation of assets

to 12/31/30

$29,734.66
2,000.00

From assessments on shareholders
Other collections (explain)

31,734.66

Total collections

$ 4,310.51

Offsets to claini(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
I. 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
O

National bank
Name of State

IQ State bank
O Trust company
O Stock savings bank
O

WISCONSIN

Mutual savings bank

O Private bank

•
1.

Name of bank Wheeler

2. Date organized

State Bank

2/28/12

3. Federal reserve district

Date suspended

Ninth

4. Number of branches operated: In city of parent bank

Town or City

Wheeler

7/5/27

Population of town or city*

county_Punn

Member or nonmember of F. R. System

Non

Tion.e

Outside city of parent bank**

1411

5. Was this bank a member of a chain or group? If so give the name of the chain or group

*Latest census figures or estimate as shown in bankers' directory.
** Attach a 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*)

July 5, 1927

Loans and discounts:
On real estate
Other
$ 150,027.45

Total loans and discounts
Real estate acquired in satisfaction of debts

\SU

Investments

Bkg • h.ouse, furniture & fixtures

All other resources

Cash and due from bks•

150.00

5 900.00)
10,753.82
160,921.27

Total resources

20,000._00
1,402.55

Capital
Surplus and undivided profits.
• Deposits:
$

Due to banks**

1,261.17

Demand deposits, including U. S. Govt. deposits

38,117.86

Time deposits, including postal savings

86,149.69
$ 125,528.72

Total deposits
Borrowings from F. R. bank

14,000.00

Borrowings from other banks
All other liabilities
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?

No

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:

Per cent of loss
to claims

Amount of loss
Secured claims
Preferred claims
General claims
Total
Yes

9. Is this bank still in process of liquidation?

If so give payments to date:

(Amounts in dollars)
Claims allowed

Dividends paid from
collections

14,000.00

Secured claims.. 1.4,000.00
514.80
Preferred claims. . .

514.80

General claims.P.7,424.56

Payments from
guaranty fund

None
n
It

34,391.05

11

Total claims. . . .
149.939.36

Total payments

Per cent of payments
to claims allowed

14,000.00

100

514.80

100

34,391.05

25

48,905.85

48,905.85

10. Haa.this bank been finally liquidated?
Dateliquclation was completed

No

If so give:

Collections:
From liquidation of assetst 0. .12/31/S0

$ 103,979.41
12,177.46

From assessments on shareholders

Other collections (explain)Recovery on Bond & Misc. 3,685.60
119,842.17

Total collections
$

Offsets to clairn'-(loans paid, etc.)

5,125.94

Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims. . .
General claims. . . .
Total claims. . . .


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

.

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
1.. 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 othenvise, on the directors or stockholders either before or after the
bank suspended?


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING

BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.

Type of bank reported—check
appropriate one of the following
O

National bank
Name of State

El State bank
O Trust company

El Stock savings bank
O

sCONSIN

Mutual savings bank

O Private bank

1. Name of bank

Baia of Wilson

Town or City

2. Date organized

12/2/10

2/2/26

3. Federal reserve district

Date suspended

Ninth

4. Number of branches operated: In city of parent bank

on

County_S •

Population of town or city* 200

Member or nonmember of F. R. System

None

Outside city of parent bank**

5. Was this bank a member of a chain or group? If so give the name of the chain or group

* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.


http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis

No

Non

Croix

6. Condition figures, as of (date*) Feb. 2, 1926
Loans and discounts:
$ 19,175.00

On real estate

70,772.29

Other

8

Total loans and discounts
Due from Banks
Bk.
,
& FF
Real estat acquired
House
in satisfaction of debts
Other Resources
Investments
All ether-resettr€es

_01,136
947 29

8,519.55-

Overdrafts

120,885.83

Total resources
Capital

1 0,000.00
6,326.36

Surplus and undivided profits
Deposits:
$

Due to banks**

5,664.71

Demand deposits, including U. S. Govt. deposits

38,098.38

Time deposits, including postal savings

60,796.38
$104,559.47

Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities

120,885.83

Total liabilities
7. Has this bank been reopened?

Yes

If so give:

Date of reopening May14, 1926.
Name under which reopened
Loss to depositors on:

Bank of Wilson
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?

No

If so give:

Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Secured claims

Per cent of loss
to claims

$

Preferred claims
General claims

NONE

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

Total payments

Per cent of payments
to claims allowed

Secured claims. . . .
Preferred claims. . .

NONE

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
.

Secured claims
Preferred claims
General claims. . .
Total claims


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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)

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?


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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 sup' ervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
1:4

Name of State

State bank

nsconsin
83

• Trust company
▪

Stock savings bank

o

Mutual savings bank

O

Private bank

•
1.

Nameofbank_CitizensState Bank

2. Date organized

1905

3. Federal reserve district

Date suspended

Seventh v

Town or City

Nov. 11,
1924

Wonewoc

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.


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Federal Reserve Bank of St. Louis

Juneau
800

6. Condition figures, as of (date*)

November 11, 1924.

Loans and discounts:
$

On real estate

13,925.00

166,851.90

Other

$ 180,776.90

Total loans and discounts
Real estate acquired in satisfaction of debts

12,671.00

Investments
(

19,176.46

Total resources

212,624.36

All other resources

10,000.00

Capital

1,757.78

Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings

32,355.28
164,111.30
$

Total deposits

196,466.58

Borrowings from F. R. bank

4,400.00

Borrowings from other banks
All other liabilities

212,624.36

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?

No

If so give:

Name of bank by which taken,over
Date taken over
Per cent of loss
to claims

Loss to depositors on:
Amount of loss
Secured claims
Preferred claims

89,614.53
89,614.53

General claims
Total
_
9. Is this bank still in process of liquidation?

No

43 1/2%
43 1/2%

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? Yes
April
22,
1927
Date liquidation was completed
Collections:

$ 129,704.79
4,601.58

From liquidation of assets
From assessments on shareholders

25.01

Other collections (explain)

134,331.38

Total collections
Offsets to claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed

Dividends paid from
collections

Payments from
guaranty fund

Per cent of payments
to claims allowed

Total payments

Secured claims

Preferred claims

Clains not se _ re sated.

.

General claims. .
Total claims


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Federal Reserve Bank of St. Louis

206,214.9 30%-15%-11 1/2%

116,600.3a 56 1/2%

11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.

Primary
cause

Contributing
cause

Decline in realkstate values
Losses due tqmforeseen agricultural or industrial disasters such as floods,
drought, boll weevil, ctc.
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, tc
Defalcation
Heavy withaawals 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

" "If

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)


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Federal Reserve Bank of St. Louis

If so, give dates and amounts of all assessments

•

•


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Federal Reserve Bank of St. Louis