The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
421.11-6a - Cases Excluded-Bank Suspensions
Since Jan 1 1921
Nonmember State Banks
Montana A-:hashington Z
Committee on Branch Group & Chain Banking
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
EI National bank
Name of State
E] State bank
LI
LI
LI
LI
Trust company
Stock savings bank
Mutual savings bank
M.onta.na
Private bank
1. Name of bankaricters
t2t e
2. Date organized 3-22-1917
3. Federal reserve district
4.
ank
Town or City CI,Ilford
Date suspended 4-7-1924
if9
Population of town or city*
Member or nonmember of F. R. System__
Number of branches operated: In city of parent bank
Tone
Outside city of parent bank**
A on
Je
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
County
Hi1 1
6. Condition figures, as of (date*)
April 7, 19 24
Loans and discounts:
$
On real estate
1,523.60
36,687.44
Other
Total loans and discounts
37,211.04
4,407.73
Real estate acquired in satisfaction of debts
Investments
6'962.68
All other resources
48,581.45
Total resources
20,000.00
Capital
1,417.73
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
1,220.74
11,104.83
132.80
Time deposits, including postal savings
,458-:57
Total deposits
Borrowings from F. R. bank
14,705.35
Borrowings from other banks
All other liabilities
48,581.45
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 oi• examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
teg
depositors,
This bank was placed in voluntary liquidation and paid 100p to
cancelling all liabilities.
If so give:
S. Has this bank been taken over by another bank'
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(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.. ..
—
115 10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims. ...
Preferred claims...
General claims. . ..
Total claims. ...
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
..- 4,„. ,
- -- 0.-
4...
•
____
2. 7,16'V'
--,---- 2--7/6 4
2. 7/6 Y.
/00 A
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial 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
111/
2
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
gi state bank
El Trust company
0 Stock savings bank
El
Mutual savings bank
Nebraska,
0 Private bank
•
1. Name of bank
Corinercial Bank
2. Date organized 6-12-1905
3. Federal reserve district
_Date suspended
_Town or City
Gran
4-18—?__Population of town or city*
Ten
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
•
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County Perkins
585
Nonmember
Aril 18, 1928
6. Condition figures, as of (date)
Loans and discounts:
On real estate
Other
Total loans and discounts
$ 267,331.25
Real estate acquired in satisfaction of debts
_70,217.08_ _ _
Investments
50.00 _
All other resources
_23,617.77
361,216.10
Total resources
50.000.00
Capital
Surplus and undivided profits
Deficit
_5,212-62_
Deposits:
$
Due to banks**
20,3473
Demand deposits, including U. S. Govt. deposits
134,410.18
Time deposits, including postal savings
124 264 20
$ 2794120.11
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
36,278.47_
1,135.44
All other liabilities
361,_216.10
Total liabilities
7. Has this bank been reopened?
Date of reopening
Yea.
If so give:
7_-24-_r29
Name under which reopened__
Loss to depositors on:
_Connie=i al Bank
Amount of loss
Per cent of loss
to claims
Secured claims
Olaims.not establishqd before reopening.
Preferred claims
was a 654 write—down of unsecured deposits with
6
General claims
which to purchase and remove undesirable assets.
There
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
-
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims.
Preferred claims.
General claims. .
Total claims. .
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
.Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
Yes
If so, state what industry or type of agriculture
General Farming
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1921. — 1922.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so, give dates and amounts of all assessments
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
El
National bank
Name of State
O State bank
O Trust company
O Stock savings bank
O
NEBRASKA
Mutual savings bank
O Private bank
1. Name of bank__
2. Date organized
Nebraska State Bank
d-20-1914
3. Federal reserve district
Date suspended
Ten
Town or City
12-28-28
Ohiovz
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
Fillmore
433
Non member
6. Condition figures, as of (date*)
December 26, 192b
Loans and discounts:
On real estate
Other
$ 57,933.02
Total loans and discounts
14,000.00
Real estate acquired in satisfaction of debts
Investments
58,615.21
All other resources
130,540.23
Total resources
15,000.00
Capital
1,136.24
Surplus and undivided profits
Deposits:
Due to banks**
'42,686.03
Demand deposits, including U. S. Govt. deposits
81,725.96
Time deposits, including postal savings
$ 114.41109
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
130,548.23
Total liabilities
7. I-Ias this bank been reopened?
Date of reopening
Y33
If so give:
December 29, 1926
Name under which reopened
Nebraska state Bank
Amount of loss
Loss to depositors on:
Secured claims
Preferred claims
$
Per cent of loss
to claims
none
x
one
x
none
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
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 hank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
_
Secured
claims
Preferred claims
.
General claims
.
Total claims
Nebraska State Bank, Ohiowa, Nebr.
."GOING BANK" PERIOD, October 22, 1928 to December 28, 1928
LiabilAies
Deposits
Bills Yayable
Other Liabilities
10-22-28
4121,?a6.13
MO
Decrease
7,
314.14
MI MO m•
MOOD MO
Per Gent
of
net
decrease
6.00
Total
Ii
The net decrease in liabilities during the wgoinE; bank" and
recelvership periods was 100 per cent.
Claims allowed
Secured claims
Preferred claims
General claims
•
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
uiviaenas pato trom
collections
ray MMUS
LIM!'
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
•
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
Yes
If so, state what industry or type of agriculture
general farming
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1921 - 22
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so, give dates and amounts of all assessments
Prior assessments cannot be determined.
ATi)
(t
Q
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKrNG
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O
National bank
in
State bank
Name of State
O Trust company
O Stock savings bank
O
NEBRA3KA
Mutual savings bank
O Private bank
•
1. Name of ban
2. Date organized
Trumbull State Ba.nk
7-14-1902
3. Federal reserve district
Date suspended
Town or City
10-24-24
Ten
Trumbull
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 (flay
236
nonmember_
6. Condition figures, as of (date*)
October 22, 1924
Loans and discounts:
On real estate
Other
$ 33,544.24
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
14,466.47
All other resources
48,010.71
Total resources
10,000.00
Capital
1,349.58
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
14,23_8.79
24,648.91
$
Total deposits
38,887.70
Borrowings from F. R. bank
Borrowings from other banks
472.59
All other liabilities
48,010.71
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Ye s
If so give:
Farmers Exchange Bank, Trumbull
10-24-24
Date taken over
Loss to depositors on:
Secured claims
$
Per cent of loss
to claims
x
None
Preferred claims
x
None
General claims
Total
Amount of loss
None
Guaranty fund Loss
9., Is this bank still in process of liquidation?
2,072.50
100
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
_
Secured claims. . .
Preferred claims
General claims. . .
Total claims.
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
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
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial 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)
Lack of business
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
yes
If so, state what industry or type of agriculture
general farming
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1921 - 22
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
yes
If so, give dates and amounts of all assessments
Uollections on stockholders liability, 1924,
1928,
4
300.00
1,200.00
500.00
1111%
2
a 0-ze--eci
teLA;44,1
MMITTEE ON
FEDERAL RESERVE
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
Di State bank
Trust company
fl Stock savings bank
Ej] Mutual savings bank
Nebraska.
C] Private bank
•
1. Name of bank
2. Date organized
Farmers State Bank
1-9-1911
3. Federal reserve district
Date suspended
Ten.
Town or City
10-3-30
W ab ash
Population of town or city*
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
C RS8
200
Member or nonmember of F. R. System Nonmember
4. Number of branches operated: In city of parent bank__
•
County
6. Condition figures, as of (date*)
October 3, 1930.
Loans and discounts:
On real estate
Other
Total loans and discounts
835.00
Real estate acquired in satisfaction of debts
4•111.
Investments
All other resources
2,419.03
3,254.03
Total resources
Capital
2,736.42
Surplus and undivided profits
Deposits:
.11
Due to banks**
6.06
Demand deposits, including Ti. S. Govt. deposits
Time deposits, including postal savings
6
Total deposits
Borrowings from F. R. bank
el*
Borrowings from other banks
AN.110
All other liabilities
511.44
3,254.03
Total liabilities
7. I-las this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
S. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this- bank still in process of liquidation?
Y.
If so give payments to date: December 31, 1930.
(Amounts in dollars)
Dividends paid from
-ee11ee4iona
Claims allowed
—
Secured claims. .. .
Total claims. .. .
Per cent of payments
to claims allowed
5,446.08
568.04
General claims
Total payments
Recovery or
Surety Bond.
—
5,446.08
Preferred claims
Payments from
guaranty fund
56.60
14.12
sits not shown on bank books, after suspension.
Claims were established for dep,
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims. .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
_Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)....14. 141.1-At.t
.q'. rAggorcl.•
0
:
....
Later, evidence of defalcation
resulted in receivership.
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
Yes.
If so, state what industry or type of agriculture
General Farming.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1929.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so, give dates and amounts of all assessments
Assessments -prior to suspension not determined.
4111
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
fl National bank
Er State bank
1:11
Trust company
El Stock savings bank
Mutual savings bank
Private bank
•
1. Name of bank
2. Date organized /9 e3
1/
3. Federal reserve district
Town or City /14-4-de44-1-.
"
Date suspende
/ ‘ t30 Population of town or city*
6
—
4. Number of branches operated: In city of parent bank
,Tember or nonmember of F. R. System
Y4 t
(/6
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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 ,1 4, r--1----4 Z e--0-
1 1 Zi
7/12
-ti/
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
$
7
.510. 0,
f,f43Z.0
J
Other
$ f7
/
Total loans and discounts
OD
Real estate acquired in satisfaction of debts
Investments
;
All other resources
07,6
,
0
/Zc5 4Z7/, 0 a
/
Total resources
Capital
/S— °co. 00
I
Surplus and undivided profits
/i/3 Z. o o
7 0
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
$
3o o c
,
1-0 I/3Z, o0
/
//393.00
Total deposits
•
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened? _a_ If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
• If so give:
8. Has this bank been taken over by another bank)
1
(,4
Name of bank by which taken over
/
8a
Date taken over
4.
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
,
General claims.....
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
_
Secured claims. .. .
Preferred claims...
General claims. . ..
Total claims. . ..
10.
If so give:
Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims. . .
Total claims. . . .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what 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
Lit% State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of bank
g.44-wvc-td.
-
2. Date organized /
3. Federal reserve district
" ' 1A f-t- Town or City ( 1)/
1
1 et' e-
Date suspended
°
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**
•
CA
(-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
County /
6
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
$
/7
30
-
111g44,
Other
$/6/
/
Total loans and discounts
Real estate acquired in satisfaction of debts
Sig4 ,
1
Investments
All other resources
(V6
9.
Total resources
/,
Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
7‘.2L3,
Tune deposits, including postal savings
3 7 IS:
Total deposits
$
744,Ce
\ )
Borrowings from F. R. bank
•
t-CC,S:00
Borrowings from other banks
)7S 1
. 71
All other liabilities
yo t.
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?
7 AA
If so give:
-tYtA.-/dp/t;
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims
Preferred claims...
General claims....
Total claims. ...
10. Has this bank been finally liquidated?
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?
1.701
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
r_r3State bank
LI Trust company
El Stock savings bank
El Mutual savings bank
Private bank
•
1. Name of bank
2. Date organized
ALQ
Town or CitW-IACY-a-A- 2
(
Date suspended
—I
243 Population of town or city*
Member or nonmember of F. R. System •
3. Federal reserve district
4. Number of branches operated: In city of parent bank
t,
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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 Aiitheit-4(
•)/ )5; /
6. Condition figures, as of (date*)
Loans and discounts:
$
On real estate
Other
15:004%
CO7
$
Total loans and discounts
/\
0
7.
Real estate acquired in satisfaction of debts
Investments
All other resources
)-
Total resources
(0 00,
Capital
63 L4,0‘
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
/277
6z 81zi./.
/66
$
Total deposits
q/
Borrowings from F. R. bank
qf,0 00.
Borrowings from other banks
All other liabilities
1/11__tUo
Total liabilities
7. IIas this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so give:
8. Has this bank been taken over by another bank?
ttAA-yvut_d--0
Name of bank by which taken over
Date taken over
/
/— / — )/ 3
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims
General claims. . .
Total claims.. ..
40
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims. .
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
1-6
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ?
9.2b
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so, give dates and amounts of all assessments
•
1:>-3-4ki4.;_.
AA,
,111 • Li) • .4,
, •_eY
- J.
,
6L.,14....ix.A.
AL
e, (
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
-
,
(3_CAsci-
k
;
X)-3--tka,
It t
f
7LAAA12.-{)--0-4LA—eAf—W-€
t;GliàE
BANK SUSPENSIONS SINCE JANUARY 1, 1921
P-ft
74), ,•-•))
eI •
w
Report Qn a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
)
VA-C)
61,4A)ij„,( 170
t,QA'AM4A14-1A,
ZXAYI
4C
/2 9
Type of bank reported—check
appropriate one of the following
LI National bank
Name of State
[VState bank
Trust company
LI Stock savings bank
LI Mutual savings bank
O Private bank s
•
1. Name of bank
2. Date organized
A
LI t
Town or City
Date suspende
Population of town or city*
Member or nonmember of F. R. System
3. Federal reserve district
4. Number of branches operated: In city of parent banl-
7/Iptt
Outside city of parent bank**
•
5. \Vas this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County
/ (
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
All other resources
Total resources
Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
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
Secured claims
Per cent of loss
to claims
$
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
_
Secured claims...
Preferred claims
General claims. . ..
Total claims. . .
ill 10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
$
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
$
Payments to depositors:
(Amounts in dollars)
Claims allowed
,
Secured claims
Preferred claims
General claims
Total claims. . .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what i
ustry or type of agriculture
aajl
`4 -es
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension? I
'V 0
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
•
(e
i
/
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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,,tional bank
FIEState bank
O Trust company
O Stock savings bank
fl Mutual savings bank
O Private bank
•
•
1. Name of bank
g"
.'-
2. Date organized
/- '7-
&own or City
Date suspendedh
3. Federal reserve district
-7 0
"
i74
Population of town or city* Y /
Member or nonmember of F. R. Syste
4. Number of branches operated: In city of parent bank_
•
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
7Lo
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County
6. Condition figures, as of (date*) /3- -
7_, 7- I
Loans and discounts:
On real estate
/1, 6 er/.
Other
$
Total loans and discounts
//,
SP /. L
Real estate acquired in satisfaction of debts
2.1
Investments
/
All other resources
Total resources
L.1
/
4
co
7-,
V. 3 C.
7,
4L7
1c(O 0 0 • 0 6
Capital
374 43. 1
,
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including Ti. S. Govt. deposits
/
go g.
Time deposits, including postal savings
tf, 474.34.
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
A(
All other liabilities
27
Total liabilities
7. I-Ias this bank been reopened?
71,0
7 L., 4-7
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
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
If so give payments to date:
9. Is this bank still in process of liquidation? 140
(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...
C of
/
General claims..
•
Total claims..
•I i
2
e0
2I(
Jigif
10. Has this bank been finally liquidated?
If so give:
(
Date liquidation was completed
47
Collections:
$
From liquidation of assets
/
From assessments on shareholders -.
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. ... _
,
Preferred claims.. . _
General claims. . .
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
3
-vao 7 3
,---vii./ V.)
-v/
l' -k.r
v 14- L. G 14-
V
y -1///I -7/, 411
q 4-. !I
q4 1 t
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial 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
r 0
il-A
If so, give dates and amounts of all assessments
•
This bank was placed on Special,
Deposit Order by the Guaranty
FUTTd—Commission on 4-28-24.
Resumed general banking business
on 10-15-24, and closed its
doors on 4-6-27.
47_,6LJAK-e-/
(aAfk,4
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
• I,tional bank
IBState bank
O
Trust company
O Stock savings bank
O Mutual savings bank
O Private bank
•
1. Name of bank_,LL't.Q- 4t %'Pt )
2. Date organized --S--- -)-
3. Federal reserve district
- 'I
'
-
Date suspended 14— 4 "
7
-2-7
(-3
Population of town or city*Ii9
Member or nonmember of F. R. System '
14V
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
z
County
Town or City
6. Condition figures, as of (date*)
—
Loans and discounts:
On real estate
/
0
Other
o 3 4-,
Total loans and discounts
$
.); o 3 Lk. 0 a_
Pa 700, / 3
,
i
Real estate acquired in satisfaction of debts
/7 61- 14' / 3
Investments
2-- 3
All other resources
zit.
7 -1„--
-Y-Y0.7o 7. 6.
7/
Total resources
0,000.0 0
Capital
-) f
1
Surplus and undivided profits
.s"
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
y
Time deposits, including postal savings
$ / (1),
Total deposits
3
7
Borrowings from F. R. bank
•
Borrowings from other banks
All other liabilities
-Y-Yo,70 7.
Total liabilities
7. FIas this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
**Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(A °tints in dollars)
Claims allowed
Dividends paid from
collections
e
e9
-----
Secured claims. . . .
..
947/
.3v /
General claims.. . ./
- ..(fc‘6 2 3 °
q f/
Preferred claims.
/4.
Total claims
Payments from
guaranty fund
.7
1 .., _
,
o K IK3 ii-y-v /
10. Has this bank been finally liquidated?
A
A
-
Total payments
Per cent of payments
to claims allowed
C.=)
.
------s
/ tv V30
11-v7-I
/0/ g
/6.7p
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
6-7 Ce-J
/
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
110
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
77,0
If so, give dates and amounts of all assessments
•
This bank was nlaced on spurn_
1
Luaz.11,...Qx„,clax by the Guaranty
Fund Commis73ion on 9-2.:--24.
Resumed general banking business
on 9-23-24, and was then taken
over by the Security State Bank,
Crosby on 10-1-24/.
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
0 National bank
111State bank
O Trust company
Ei Stock savings bank
O
Mutual savings bank
o
Private bank
•
I
1. Name of bank
2. Date organized
4314€4 Town or City
'
-
0 (D
Date suspended
3. Federal reserve district
-
1
-1-
Population of town or city* / ")/ 7o
Member or nonmember of F. R. System____
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•
County
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
All other resources
Total resources
Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
Date of reopening
Name under which reopened
Loss to depositors on:
If so give:
V9
—
t'
—
4Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to 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 gi e:
i
c
8. Has this bank been taken over by another ba k?
Name of bank by which taken over
/c.)- / -
Date taken over
Per cent of loss
to claims
Loss to depositors on:
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . . .
Preferred claims. . .
General claims
Total claims
•
_
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to 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
7
1}5-7/
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
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
11111
**,
aaagIa
Tilts bank was placed on
Orclay by the Guaranty
Fund Commission on 9-2-24.
Resumed general banking .business
on 9-23-24 and then took over
1
the First State Bank of Crosby,
and changed its name to The
Ffrst & Security State Bank,
Crosby, N.pak.
.22
.posit
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
State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O
Private bank
•
1. Name of ban.,.1
2. Date organized
.4,1-es4 46
--raci Town or City
- / /7°
0
Date suspended
3. Federal reserve district
_
Count
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
220
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
70
Population of town or city* / 7/
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
All other resources
Total resources
Capital
Surplus and undivided profits
Deposits:
Due to banks**
•$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
Date of reopening
If so give:
y_
Name under which reopened1-19- •
Loss to depositors on:
• /d'i •
°
Amount of los
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
**Including certified and cashiers' checks, cash letters of credit and tiavellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
c.
Name of bank by which taken over/
Date taken over
/0— 1—
Per cent of loss
to claims
Loss to depositors on:
Amount of los
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. .
Preferred claims. ..
General claims. . . .
Total claims
•
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims.
.
Preferred claims. . .
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drought, boll weevil, etc.
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Name of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
11,
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
)L
0
If so, give dates and amounts of all assessments
•
/A.J4.1 AV\ Ia-0
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
LI National bank
Eitate bank
O Trust company
O Stock savings bank
O
Mutual savings bank
LI Private bank
•
1. Name of bank
2. Date organized
Town or City
/7 /
7" Date suspended/
--
3. Federal reserve district
If
() -
0
Population of town or city* / /
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
•
Outside city of parent bank**
274
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Count
-
o
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
147, i7L7- s'
Investments
ty..1 17. 70
-
All other resources
4.7.4,7 7g
Ns. 13
Total resources
Capital
2s; 00. 0 a
-
Surplus and undivided profits
77,
1g
Deposits:
Due to banks**
1Q1b‘
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
7 '
76
Total deposits
`"
$
Borrowings from F. R. bank
1/,‘0 0 •>-. 7s
Borrowings from other banks
fr
All other liabilities
3
Total liabilities
7. Has this bank been reopened? "Zo
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
111
1
.
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? 16f.4
(Amounts in dollars)
Claims allowed
Secured claims. . ..
Dividends paid from
collections
7,j 06 Y
/
, /rd 0 l'
?1
4
r*
Total payments
) 0 .v,
,
c0
( ----6
1,y 8/7.
// L/ s7,
ca
;- 1 11 -v,r-,ao Cly
0
o 3i 6
i vo $
i
4‘3 1 i y1,7/0344) qf t,iV3
1
7
1V vlp 1
General claims. .. . 14
6
Total claims.. ..33 li 7
// l g
i
Preferred claims.
Payments from
guaranty fund
il
l .10. Has this bank been finally liquidated?
1A0
Per cent of payments
to claims allowed
/0 0
/o 0
/,
1
2 7.3if
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims. . . .
Preferred claims.
General claims....
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
IJ1*ILL
lb
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
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
-hAo
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
TKState bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
1. Name of banl
2. Date organized11 - /S-1
"
h.6/0
Town or Cit
/7 /(-, Date suspended "- -30-
3. Federal reserve district
/
County-A _LOLA
3- 0 Population of town or city* / L
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
,/hLtAA
Outside city of parent bank** > () 4 A----1 -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
)
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
'1/ /7 7.37
$ 1/,/ 77. 37
7/ g 6. 2-7
/5.727. 17
/ 3o
All other resources
/3ii; 3
74
,
Total resources
A),00 0, 0
Capital
Jo.
Surplus and undivided profits
Deposits:
/too
Due to banks**
Lics
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
3I73-><
$
Total deposits
Borrowings from F. R. bank
•
7"7.1
Borrowings from other banks
All other liabilities
/f/.
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?
2
/O
r
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:
mounts in dollars)
Claims allowed
Secured claims. ...
Dividends paid from
collections
Preferred claims. . .
General claims....
‘3
7
3/
1
10. Has this bank been finally liquidated?
Total payments
Per cent of payments
to claims allowed
/co
7C-37
ilyi,)/8 4.0074
II/11A -6711/..74
7
9 1/I v
Total claims
c--(::-.c.-----
76 3 I
c'i----y0 3/ I/
iL 713
763I
Payments from
guaranty fund
L ,5 3?
--- —
:
.c.9. pi-
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
Total payments
Secured claims
Preferred claims
General claims. .
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
'frrriFT
_
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
71.2
1
If so, give dates and amounts of all assessments
•
This bank was placed on Special
Deposit Order by the GuariM7
__
gbion on 9-10-24.
FlifikrObrmni
Resumed general banking
business on 9-24-24, and closed
its doors on 11-23-26
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
I
3/“
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
[2 .tate bank
S
0 Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of bank
2. Date organized
Ct,vt...12}
-
%
3- /f /
Date suspended
3. Federal reserve district
Town or City
- )- 3-
6
County
Population of town or city*
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
•
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
37-lo
6. Condition figures, as of (date*)
-
//-
Loans and discounts:
On real estate
/
Other.
37 /7
/3c1/
Total loans and discounts
37. /7
40, 0247. 6
Real estate acquired in satisfaction of debts
S10. 30
-
Investments
7r7 cc-4
cs— Qs-4,
All other resources
Total resources
0,
7- 000,0 0
Capital
o
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
ief, /6
h3
t, 0
$
Total deposits
/)
7 -1-3 .1/ -1/
Borrowings from F. R. bank
/,
Borrowings from other banks
S3 •
All other liabilities
YY
•`
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
**Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Per cent of loss
to claims
Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
mounts in dollars)
Claims allowed
ii
Secured claims. . .
Preferred claims. ..
Dividends paid from
collections
Total payments
Per cent of payments
to claims allowed
96‘rf %ate el
4)Th
";L
/ /4- /4
(---(=--
/ 00
--6)----
/1 0
11 /
/1/1/1/
/6 o 7/5 v
General claims
Payments from
guaranty fund
____o-
/36 S' q
Total claims
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
i
From liquidation of assets
$
g o7
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
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
•
I
.
This bank was placed on Speoial
Deposit Order by the Guaranty
anaminini on 11-14-23,
Resumed general banking business
on 11-3-24, and was then taken over
by the Bank of Inkster on 5-10-26.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
FEDERAL RESERVE CONINIITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
o
National bank
Name of State
State bank
O Trust company
El Stock savings bank
o
,6ueeL
Mutual savings bank
• Private bank
1. Name of bank a-A2
)
2 /1 elLe-k
411.44Al Town or City
County
,
400
Population of town or city*
2. Date organized 1-/3- / /0 Date suspended
7
A
7 4-12.11- 6-79---,4-1e y a frae----0
..,6 4"---frC-J S-/
)
7 iz1,4i,,Ag_.-6L-714)•--C--0"----0---SE-1 .t-a--•k-A--yt di-te_le-4.1
..t: •yz_-..- cL. ________ .
...sset
. .....„
3. Federal reserve district
Member or nonmember of F. R System___)14
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
t.4
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
$
Other
Total loans and discounts
$
Real estate acquired in satisfaction of debts
Investments
All other resources
Total resources
Capital
Surplus and undivided profits
Deposits:
Due to banks**
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
Total deposits
$
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
If so give:
Date of,reopening
Name under which reopened
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?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims
Preferred claims
General claims. . . .
Total claims. . . .
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claim (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims
Preferred claims
XL4!9-1Ai-1
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
.v
If so, give dates and amounts of all assessments
•
This bank was placed on.Za,
Deposit Order by the Guaranty
Fltirrn1T,Tlen on 12-14-23.
Resumed general banking business
on 6-2-24, and closed its doors
on 5-26-26.
,
A Zi\--LiMA
6/217a
r
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
EJ 121..tional bank
BiState bank
O Trust company
O Stock savings bank
O Mutual savings bank
O Private bank
(4,
1. Name of bank
2. Date organized 3- 211-
17/0
Town or City
Date suspended S-
3. Federal reserve district
-)6 Population of town or city*
"
Iember 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
71,
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
WO 41
-
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
-70
$ 8?
Total loans and discounts
v3
Real estate acquired in satisfaction of debts
g
/0,q0 /,
Investments
4-0 4/-61 0
All other resources
/
Total resources
7, 31/-
/0,000. 0
Capital
4037.
Surplus and undivided profits
0
<7 7
,
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
/0,7 3S:0 -2--
Time deposits, including postal savings
ed:q.o.r
$ 7 9,f
Total deposits
Borrowings from F. R. bank
'I:5- 4- ko, 00
,
Borrowings from other banks
All other liabilities
/
Total liabilities
7. Has this bank been reopened?
71-0
-1.
3Li
a--0
If so give:
Date of reopening
Name under which reopened_
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured 'claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
**Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Per cent of loss
to claims
Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
A
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
•
- , ,
I'c4 0 .000-civo.)
Secured claims
General claims
3'r
76 gl
/6
//
/&(3 1
Total claims
Per cent of payments
to claims allowed
VP"
\
r
/6 3,
7gvoc,
Preferred claims. . .
Total payments
,,,
i
(\,..
/63C
/O0
-7g 3
7 g
'
4
14/=;=)
10. Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
/ 1 og
7
3
From liquidation of assets
From assessments on shareholders „i
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
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
10,
4
fl
This bank was placed on amajja.,,
Depostt Order by the Guaianty
15-—CommrFs
-d
1
mra. on 2-23-24.
Resumed general banking business
on 8-7-24, and closed its doors
on 10-23-28.
,
. ..y...),J,_ t! Ci
) 1, r
,1
1 ...1\10k(
of1- /LE
3
C""
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•‘/\
Al.
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
EYState bank
O
O
O
O
Trust company
Stock savings bank
Mutual savings bank
Private bank
•
7
- A1. Name of banle C/11 -2_,
2. Date organized/
3. Federal reserve district
/6r
7tr Date suspended'
°-
q
3- -2-
Population of town or city*
lember or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
24,i0
* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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
Town or City
7
1,0
6. Condition figures, as of (date*)
/0_ 7
1
Loans and discounts:
On real estate
Other
$ 74,s
---
Total loans and discounts
/
Real estate acquired in satisfaction of debts
g
Investments
7.
f
/
All other resources
7, 0(
0
/04; /7
Total resources
Capital
0 00. 0 o
Surplus and undivided profits
ifS? 7/
Deposits:
/3 3 7. Lt_z
Due to banks**
Demand deposits, including U. g. Govt. deposits
IT, go 0 3 v
.
Time deposits, including postal saliings
37, 076.
6
71/
$
0, g /
7.
Total deposits
Borrowings from F. R. bank
/S C. 0 0
-40
Borrowings from other banks
All other liabilities
Jo
Total liabilities
7. Has this bank been reopened?
.0
/77. 0 6
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
**Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
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:
ounts in dollars)
Claims allowed
Dividends paid from
collections
Secured claims. . ..
9,5 o
9kr0 °
Preferred claims.. .
q
Total payments
Per cent of payments
to claims allowed
f.,ao
/00
l
/Y #11/
/Piq
1,0 1
General claims.. . . ty
Total claims. .. .
Payments from
guaranty fund
/
70 3 i fi -0, 6.14
10. Has this bank been finally liquidated?
/ "V
A I
•
- 71 1
, IF
-1.
3-.11
If so give:
Date liquidation was completed
Collections:
RI
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
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
7bo
If so, give dates and amounts of all assessments
ve
1110
This bank was placed on 22,221A1
Ord r, by the Guaranty
omm ssiOn on 10-31-23.
un
Resumed general banking business
on 3-29-24, and closed its doors
on l-11-28.
DeDOpit
a-ckite
/
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
/1111
1
LAA 30 (0
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
>a1..tional bank
1\
2State bank
Lii Trust company
Li Stock savings bank
El
Mutual savings bank
Ij Private bank
•
1. Name of bank
2. Date organized 6- II—
3. Federal reserve district
"1/5&--,a2/
iqo 1
Date suspended
Town or City
/
Population of town or city*
7/
Member or nonmember of F. R. System_
4. Number of branches operated: In city of parent bank_
Outside city of parent bank**
c
71,49-1A-A-c- /1 4 ,
7 41t.t--
5. Was this bank a member of a chain or group? If so give the name of the.chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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&)-tt-f,ti)s
4r
-• •
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
/o i .cg
t
r
Other
/
Total loans and discounts
#),a 7. 4-k
Real estate acquired in satisfaction of debts
Investments
70 71/-• 0
All other resources
/-C7, 3 4 Co,
Total resources
30
YS,000. o
Capital
(,7 s,
Surplus and undivided profits
Deposits:
4,s-g. 4-3
Due to banks**
4, iqc1.si•
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
/0
7 7i-- .
Total deposits
$ //2-/:
i•
g
Borrowings from F. R. bank
70
Borrowings from other banks
All other liabilities
/6 7, 34AL
-
Total liabilities
7. Has this bank been reopened?
30
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Per cent of loss
to claims
Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
mounts in dollars)
Claims allowed
Secured claims....7
mr9
3
Preferred claims.. . ________ "/
/6
General claims. . . P
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
I
V
7(
•1
A
_____,z_c-r-f
/0 e,
(4-
413 7
46----
/oo
—6 .
2-/I -v
Pigv
"i33
3
I /
Total claims.. ../ V 7 to
110
Dividends paid from
collections
71
0
10. Has this bank been finally liquidated? 14/
1
v
If so give:
Date liquidation was completed
Collections:
$
From liquidation of assets
8
/
g
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
71--0
If so, give dates and amounts of all assessments
110
O -A-LT
PAdv-FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
AALt
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
O State bank
[1] Trust company
Stock savings bank
El
Mutual savings bank
Of Private bank
Mt. Victory Savings Bank
1. Name of bank__
Town or City Mt. Vir.tory
2. Date organized Unincorpor3.tedr. suspended
LJate
1/1.
-V24
3. Federal reserve district
Fourth
County
Population of town or city* 725
Member or nonmember of F R System_ Non—member
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
1413rn
None
6. Condition figures, as of (date*) September 8, 1922 — Last Examination
Loans and discounts:
On real estate
8,446.68
Other
3,446.68
Total loans and discounts
15,748.00
Real estate acquired in satisfaction of debts
2,048.61
A/9,C
Investments
5,267.94
All other resources
31,511.23
Total resources
10,000.00
Capital
2,620.49
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
11,334.41
1,713.33
13,052.74
Total deposits
Borrowings from F. R. bank
5,833.00
Borrowings from other banks
All other liabilities
31,511.23
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?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims•
General claims
Total
No
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
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
.
Total claims
•
Yes
If so give:
•10. Has this bank been finally liquidated?
About January 30, 1924
Date liquidation was completed
Thru Mt. Victory Bank
Collections:
No
$
From liquidation of assets
Loss
From assessments on shareholders
• To
Other collections (explain)
Depositors
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Dividends paid from
collections
Payments from
guaranty fund
Total payments
No claims fil-.
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
_
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify) Owners decided to litauidate and paid
off all depositors in full
X
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
Ye c.;
If so, state what industry or type of agriculture
General Agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1220
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
No
If so, give dates and amounts of all assessments
A private bank and orned by one man - a doctor-
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•
•
,
A cita.30
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
/
7 ./e
er ywkiust s
: 4Lt
,
,
a„
...1,_
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
11
O National bank
Name of State
State bank
1111
Trust company
O Stock savings bank
O
Mutual savings bank
Ohio
El Private bank
1. Name of bank The Citizeno
2. Date organized
4/27/03
3. Federal reserve district
CompanyShreve
Town or City
Date suspended
4/11/21
Fourth
4. Number of branches operated: In city of parent bank
•
Wayne
1094
Population of town or city*
Member or nonmember of F. R. System Non—Inember.
None
Outside city of parent bank**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County
None
April 5, 1921
6. Condition figures, as of (date*)
Loans and discounts:
5,200.13
On real estate
51,703.06
Other
56,903.19
Total loans and discounts
Real estate acquired in satisfaction of debts
15,250.00
1 13
Investments
•
38,779.90
All other resources
110,933.09
Total resources
12,500.00
Capital
744.49
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including Ti. S. Govt. deposits
49,086.38
Time deposits, including postal savings
47,080.06
96,166.44
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
1,522.16
All other liabilities
110,933.09
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?
Name of bank by which taken over
Date taken over
If so give:
Yes
Farm?rs Bank, Shrcve, Ohio
-
April 12, 1921
Loss to depositors on:
Secured claims
$
Amount of loss
No
Per cent of loss
to claims
No
Preferred claims
Loss
Claims
General claims
To
Filed
Depositors
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...
Gengral claims. .
Total claims
11110/ 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 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
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Slow and doubtful paper
•
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
Yes
If so, state what industry or type of agriculture
General Agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
Long standing for many years
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No
If so, give dates and amounts of all assessments
None
/
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of • ancial difficulties, even though they are subsequently taken over by other
institutions. In = se a i ank has suspended more than once a schedule should be made ,11 for each
suspension.
Type of ba
appropriat
O
4
414
National ank
Name of State
Z] State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
0140
O Private bank
1. Name of bank_The Farmers Bank Company
_
2. Date organized
11 2
/ 8/04
3. Federal reserve district
Town or City Springboro
Date suspended 4/5/28
Fourth
Population of town or city*
541
Member or nonmember of F. R. Systeni__Non—member
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
County Warren
None
6. Condition figures, as of (date*)
4/2/1928
Loans and discounts:
$
On real estate
15,382.84
11,878.33
Other
27,261.17
Total loans and discounts
Real estate acquired in satisfaction of debts
- )
2 7
'
Investments
7,895.70
All other resources
352156.87
Total resources
25,000.00
Capital
7,690.00
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
322.37
Time deposits, including postal savings
400.00
722.7
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
1,744
35,156.87
Total liabilities
7. Has this bank been reopened?
50
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to 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
If so give payments to date:
9. Is this bank still in process of liquidation?
liquidated by consent (?!‘ MtirPRAPAment
Bank was
e
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
Total claims. . ..
10. Has this bank been finally liquidated?
•
Date liquidation was completed
Yes
If so give: ,No information in State Department
Collections:
$ No Loss To Depositors
From liquidation of assets
From assessments on shareholders
Stockholders received
Other collections (explain)
over $100 per share in
final liquidation
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
ClaiMs allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Secured claims
Preferred claims
General claims
,
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Closed by vote of stockholders
Other causes, (specify)
X
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
4111
No
If so, state what industry or type of agriculture
None
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
No difficulty
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?
No
If so, give dates and amounts of all assessments
Stockholders reported to hprve received over $100 per share in final 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
- Type of bank reported—check
appropriate one of the following
O National bank
Name of State
O State bank
O Trust company
0 Stock savings bank
O Mutual savings bank
oislattozia.
O Private bank
•
1. Name of bank
Guaranty State
2. Date organized 2.10-0E1
3. Federal reserve district
Town or City
Date suspended 1-31-21
10th
Ada
Population of town or city* 12,000
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 ngme of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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 Pontotoc
No
6. Condition figures, as of (date*)
141...21
Loans and discounts:
$
On real estate
2,140.00
204,295.53
Other
Total loans and discounts
$
206436 53_
•
Real estate acquired in satisfaction of debts
2,000.00
Investments
15$717.75
All other resources
227,742.99
Total resources
25,00040
Capital
9,957.09
Surplus and undivided profits
Deposits:
$.--4$28a*83
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
59E410
19,216.32
$
Total deposits
153,097.85
Borrowings from F. R. bank
29$688.05
Borrowings from other banks
All other liabilities
227,742.99
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Security National Bank, Ada-,—Oklahoma-•---
Date taken over
2-1-21
Loss to depositors on:
Amount of loss
Secured claims
Per cent of loss
to claims
None
None
• 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
Secured claims.
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
______
Preferred claims
General claims. .. .
Total claims. ...
10.
.
Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims.
•
Preferred claims
General claims.
Total claims. .. .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
I
t
.
t
k
-
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial 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).......................... .. ... . .. . ....
Losses due to unforeseen and unprecedented decline in
value of agricultural comodities, livestock and real
estate following the inflation period which existed during and for several years
after the late war.
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
Ye
If so, state what industry or type of agriculture
Cattle
What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1920
sion?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
Yea
------1031.23 -424000•00
4
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1-31-21, $50,000.00
If so, give dates and amounts of all assessments
•
7
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
'suspension.
Type of bank reported—check
appropriate one of the following
O National bank
Name of State
gl State bank
O Trust company •
O Stock savings bank
• 0 Mutual savings bank
Oklahoma
• Privp.te bank
,
•
1. Name of bank
Farmers St.
2. Date organized_ 4-.10.14
3. Federal reserve district
Town or City
Date suspended
8-25-26
10th
ift031
Population of town or city*
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1518
Member or nonmember of F. R. System._ No
4. Number of branches operated: In city of parent bank
•
County Ottawa
6. Condition figures, as of (date*)
&25-26
Loans and discounts:
On real estate
7,500.00
180,652.24
Other
Total loans and discounts
$
188,152.24
Real estate acquired in satisfaction of debts
20,675,00
Investments
63,559.23
118,924,37
All other resources
391,310484_
Total resources
Capital
25,000.00
Surplus and undivided profits
10,052.20
Deposits:
Due to banks**
905
15.A
$
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
275,960.55
0
74,894.66
$
Total deposits
356,258.64
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
Date of reopening
Yes
If so give:
8.215-26
Name under which reopened—farmera_atate_Bankt_In__Afton..
Loss to depositors on:
Amount of loss
Secured claims
NO/10
Preferred claims
None
General claims
None
Total
Per cent of loss
to claims
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
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims
General claims. . .
Total claims. ..
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims
Preferred claims...
General claims. . . .
Total claims. .. .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
,
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
X
X
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
No
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1923
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
Yea
8-2526,--$254-000.
If so, give dates and amounts of all assessments
1110
1
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
'BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks susVended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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.
O Trust company
O Stock savings bank
O
Mutual savings bank
0 kJ. a. h o m.a
O Private bank
•
1. Name of bank
2. Date organized
Bank of Commerce
7-14-24
3. Federal reserve district
Town or City Barnsdall
Date suspended 12-5-25
10th
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
Osage
2099
Nø
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
7,750.00
42,350.08
Other
$
Total loans and discounts
50,100.08
Real estate acquired in satisfaction of debts
2,500.00
10,836,37
Investments
7,460.49
All other resources
70,89644
Total resources
25,000.00
Capital
Surplus and undivided profits
Deposits:
442.93
Due to banks**
Demand deposits, including U. S. Govt. deposits
32,8.16.71
Time deposits, including postal savings
12,637.30
$
Total deposits
45,896694
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
70,896.94
Total liabilities
7. has this bank been reopened?
Date of reopening
If so give:
12-5-25
Name under which reopened
Loss to depositors on:
'VAR
Bernsdall State Bank, Barnsdall, Oklahoma.
Amount of loss
Per cent of loss
to claims
Secured claims
None
None
Preferred claims
None
None
General claims
None
None
Total
None
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
S. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
4ukagtcxth
xt
$ AVIZOCC
Secured claims
bac
Preferred claims
Per cent of loss
to claims
General claims
tax
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
Secured claims. .. .
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
—
Preferred claims.. .
General claims... .
Total claims. . ..
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Payments from
guaranty fund
Dividends paid from
collections
Secured claims. . ..
t
Preferred claims
,
General claims
Total claims. . ..
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
t
<
-
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
X
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
Yes
If so, state what industry or type of agriculture
Oattie.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1924.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yen
If so, give dates and amounts of all assessments
1
0-26-25I wu,vvu.vv
12-5-25, $25,000.00
•
-8FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
E
State bank
Name of State
)
4.
4.4(.1)
O Trust company
O Stock savings bank
O Mutual savings bank
a Private bank
•
•
1. Name of bank
2. Date organized
Bluejacket State
1-25-08
3. Federal reserve district
Town or City_Bluojacket_____County Craj
-24-23
Date suspended I
10th
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
508
6. Condition figures, as of (date*)
1-24-23
Loans and discounts:
On real estate
3,567.00
28,229.29
Other
$
Total loans and discounts
31.'798.29—__
4,715.78
Real estate acquired in satisfaction of debts
10,500.00
Investments
7,354.38
All other resources
54.366_.45_
Total resources
10900040
Capital
834.00
Surplus and undivided profits
Deposits:
86.54
Due to banks**
30,589.45
Demand deposits, including U. S. Govt. deposits
5,525.85
Time deposits, including postal savings
$
Total deposits
36,201.84
Borrowings from F. R. bank
7,330.61
Borrowings from other banks
All other liabilities
54,366.45
Total liabilities
7. Has this bank been reopened? _US__ If so give:
Date of reopening
Name under which reopened
1•24r.23
State Bank of Bluejackets,Bluejacket, Okla*
Amount of loss
Loss to depositors on:
Secured claims
$
None
Per cent of loss
to claims
None
fl
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so give:
S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
_
Secured claims.
Preferred claims
General claims. .
Total claims.
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims.
Preferred claims...
General claims. . . .
Total claims.. ..
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Payments from
guaranty fund
Dividends paid from
collections
•
,
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
X
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
X
Losses due to unforeseen and unprecedented decline in value
of agricultural commodities, livestock and real estate following the inflation period
which existed during end for several years after the late war.
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
Corn.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1920.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
1-24-23, $10,000000
•
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
8
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
sttspention.
Type of bank reported—check
appropriate one of the following
O National bank
1U State bank
Name of State
,
O Trust company
0 Stock savings bank
O Mutual savings bank
...0.k.1.a.h.o m a
O Privge bank
1. Name of bank
2. Date organized
Garden State
7-27.18
3. Federal reserve district
Town or City
Date suspended 12.-241r.21
10th
Oarden
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 Ottawa
100
No
6. Condition figures, as of (date*)
Loans and discounts:
600.00
On real estate
_72,63700
Other
S---7-4237.Mt_
Total loans and discounts
3000.00
Real estate acquired in satisfaction of debts
Investments
13,055.07
All other resources
17,4.O5
4
11:17 09I•12
Total resources
15,000.00
Capital
6069.65
Surplus and undivided profits
Deposits:
$
Due to banks**
5,290.21
Demand deposits, including U. S. Govt. deposits
57,224.26
Time deposits, including postal savings
12.71240
$
Total deposits
75,226.47
Borrowings from F. R. bank...............................................
Borrowings from other banks..............................................
10000.00
All other liabilities
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to 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:
Name of bank by which taken over
tai •a
Date taken over
:son;
12-21 -21
7
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
None
Secured claims
None
ft
Preferred claims
if
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. ...
Preferred claims
General claims. ...
Total claims.
•
If so give:
10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
-
claims
Preferred claims
Payments from
guaranty fund
.
.
<
< -
.
<
<
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment,laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
X
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
X
in value
Losses due to unforeseen and unprecedented decline
of agricultural commodities, livestock and real estate, following the inflation period
which existed during and for several years after the late war.
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
Nines.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1920.
sion?
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so, give dates and amounts of all assessments
10-18-21, $15,000.00
12-24-21, $20,000.00 Gusranty lUnd.
12-24-21, $ 15,000.00
•
8
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
- BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
aipli-Vi'so'-ry authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspdnaed ion account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
0 Stock savings bank
fl Mutual savings bank
LI ,Priva,te bank
Q k.1. a .h a m a
•
1. Name-of bankC1FIflRfl
2. Date organized
9-21-10
3. Federal reserve district
or City
Date suspended
3-5-25
Llth
COlelninn
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 Iohnstoli
140
No
6. Condition figures, as of (date*)
478-25
Loans and discounts:
6,897.00
On real estate
Other
112,543.70
S
Total loans and discounts
119,240.70
Real estate acquired in satisfaction of debts
14óO3463-
Investments
334957.50 _
All other resources
50084.61 _
216 21744
4
Total resources
25,000.00
Capital
5,69740
Surplus and undivided profits
Deposits:
3
1724.83
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
116,847.97
-54947+64i_
$
Total deposits
177,520,24
Borrowings from F. R. bank
Borrowings from other banks
3,000.00
All other liabilities
5,000.00
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
0 Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
_
Yea
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over_trapanueka_Stata_Wapormeks4
Date taken over
Oklahoma.
34-25
Loss to depositors on:
Amount of loss
Secured claims
$
Preferred claims
Per cent of loss
to claims
—lions
*
None
4
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. .
Preferred claims.
General claims. .
Total claims. . . .
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets....
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
—
Secured claims
Preferred claims..
General claims. . ..
Total claims. . ..
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
,
<
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
X
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
X
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure-of large debtor (Name)
Other causes, (specify)
X
Losses due to unforeseen and unprecedented decline in value
of agricultural commodities, livestock end real estate, following the inflation
period which existed during and for several years after the late war.
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
a°"°
11°
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1923.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
•
8
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
-BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
- by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O
National bank
Name of State
E] State bank
O Trust comPany
O Stock savings bank
O
Mutual savings bank
Oklahoma
• Pcrivate bank
1. Name of ban
Dewar State Bank
2. Date organized 4-11-.18
3. Federal reserve district
Town or City Dewar
Date suspended 12-15-25
10th
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
Okmulgee
75
NO
6. Condition figures, as of (date*)
9-28-25
Loans and discounts:
On real estate
S
Other
15,859.85
23,018.21
Total loans and discounts
38,878,06
Real estate acquired in satisfaction of debts
3,330.18
Investments
14,774.42
All other resources
13,100.97
Total resources
70,081,63_
10100000
Capital
Surplus and undivided profits
3410040
Deposits:
MAU._
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
38,652.28
5,392.29_
44
175541
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
14,228,62_
All other liabilities
70,083 63
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yee
S. Has this bank been taken over by another bank?
Name of bank by which taken over
If so give:
Bank of Come_roe, vieleetka, Okla.
12-15-25
Date taken over
Loss to depositors on:
Amount of loss
Secured claims
Per cent of loss
to claims
None
None
if
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims...
General claims
Total claims.. ..
—
10. Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims. ..
Preferred claims.
General claims. . ..
Total claims. ..
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
t
--
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
X
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
X
Losses due to unforeseen and unprecedented decline in value
of agricultural commodities, livestock and real estate, follaring the inflation period
which existed during and for several years after the late war.
et
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
Cotton
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ?
1920.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
8-.14•25
1215-25, $10,000.00
•
8
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
Suspefision.
Type of bank reported—check
appropriate one of the following
El National bank
Name of State
E State bank
-
El Trust company
El Stock savings bank
El
Mutual savings bank
Oklahoma
D. Priyate bank
•
1. Name of bank Farmers State
2. Date organized
3--16-08
3. Federal reserve district
Town or City Fitzhugh
Date suspended
12-30-22
10th
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 Pontotoc
172
NO
6. Condition figures, as of (date*)
12.•3022
Loans and discounts:
On real estate
404.33
761.89
28,
Other
$
Total loans and discounts
29,186.22
Real estate acquired in satisfaction of debts
Investments
23,7i,3.5
All other resources
Total resources
1O000.00
Capital
3,929.99
Surplus and undivided profits
Deposits:
186.63
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
28,001052
9,226.45
$
Total deposits
37,414.60
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
9408
Total liabilities
7. Has this bank been reopened?
53#459.37___
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to 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?
Yea If so give:
Name of bank by which taken over
amis & Mornhanta____Bank
Date taken over
12-30-22
Loss to depositors on:
Amount of loss
Oki Ra
Per cent of loss
to claims
_NOM_
Nona
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . ..
Preferred claims.. .
General claims. .
Total claims. . ..
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Dividends paid from
collections
. Payments from
guaranty fund
..
.6
t<
t'
Preferred claims. . .
_
General claims
Total claims. .. .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
—
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Losses duo to unforeiseen and unprecedented decline in value •f a.ricultuml commodities,
livestock and real estate, following the inflation period which existed during and for
several years after the late war,
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
Yes
or agriculture?
If so, state what industry or type of agriculture
Cattle
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1220.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
12
-30-22, Sio,000.00
8
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
E State bank
Name of State
I=1 Trust company
D Stock savings bank
LI
Mutual savings bank
0 k 1.a h o. m a
LI Private bank
(
S
1. Name of bank First State
2. Date organized
44 -25
0
3. Federal reserve district
Town or City Francis
Date suspended
10th
12-31-27
Population of town or city*
Member or nonmember of F. R. System_
.0•0
10
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 Pontotoc
931
NO
6. Condition figures, as of (date*)
10..10-27
Loans and discounts:
On real estate
$
1,323.41
34,295.31
Other
Total loans and discounts
Real estate acquired in satisfaction of debts
2,372..40
Investments
6,307,18
27,923,17
All other resources
72 221.47
Total resources
15 000.00
Capital
6,514.73
Surplus and undivided profits
Deposits:
2,50_8,13
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
44,400.65
3,799.96
Total deposits
50,706.74
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
72,221.47
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last Call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
Yes
If so give:
32-31-21
7
Name of bank by which taken over
Date taken over Virst Na tional Bank, Ada, Oklahoma
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
None
Secured claims
None
Preferred claims
ft
General claims
to
to
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims..
General claims. . .
---
Total claims. ..
—
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of asscts
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
X
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
YAis
If so, state what industry or type of agriculture
Oattle_t
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1926
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
12-31.2T1 416,004400
•
1
1116-1111\
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O
o-aby
National bank
Name of State
IX State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
El Private bank
ig
h
In a
•
1. Name of bank
Bank of Gage
2. Date organized
9-10—a
Town or City
Date suspended
3. Federal reserve district
10...22-21
Gage
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
Ellie
111000
No
10-22-.21
6. Condition figures, as of (date*)
Loans and discounts:
4,830.00
On real estate
205,218.86
Other
210,048.86
$
Total loans and discounts
2,800.00
Real estate acquired in satisfaction of debts
Investments
11,072.00
All other resources
46,778.20
270,399.06
Total resources
Capital
25,000.00
Surplus and undivided profits
22,592.34
Deposits:
7,664.63
Due to banks**
Demand deposits, including If. S. Govt. deposits
104,890.43
48,102.88
Time deposits, including postal savings
$
Total deposits
160,657.94
Borrowings from F. R. bank
62,168.78
Borrowings from other banks
All other liabilities
270,599.06
Total liabilities
7. Has this bank been reopened?
Date of reopening
If so give:
10-22-21
Name under which reopened
Loss to depositors on:
Yes
ahoma
Amount of loss
Per cent of loss
to claims
Secured claims
None
None
Preferred claims
None
None
General claims
None
None
Total
None
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
If so give:
41147 c•.74r.:.
,
11
,
• A tr1-4;nAPAP;
r.:
IhOfielk
Loss to depositors on:
Per cent of loss
Amount of loss
to claims
claimsIlt
Secured
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . .
Preferred claims
_
General claims. . .
Total claims. . ..
—
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquii;lation 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
.
Payments from
guaranty fund
Dividends paid from
collections
.
•
(
Preferred claims.
General claims. .
Total claims. . .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
t
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Losses due to unforeseen and unprecedented decline in value
agricultural commodities, livestock and real estate, tpllowing the inflation period
which existed during and far several years after the late war.
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
Yes
If so, state what industry or type of agriculture
Wheat.
Cattle.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1920
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yee
10-22-21
4
If so, give dates and amounts of all assessments
4103 878 09
10-22-214A 25,000.00
Guaren1y Rind
7
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
'BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
.by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks sus-pended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O
O
O
O
O
E]
National bank
Name of State
State bank
Trust company
Stock savings bank
Oklahoma
Mutual savin& bank
Private bank
•
1. Name of bank
Farmers State
2. Date organized 1-16-23
Date suspended
3. Federal reserve district
Town or City_garitin
2-1-28
MO Curtain
Population of town or city*
Member or nonmember of F. R. System_
4. Number of branches operated: In city of parent ban
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County
NO
po,
.
6. Condition figures, as of (date*)
P.o •
L
12-27-27
Loans and discounts:
3 000.00
On real estate
23,011018
Other
26,0L1018
Total loans and discounts
Real estate acquired in satisfaction of debts
5,719025
Investments
1,825000
12,058088
All other resources
451614031
Total resources
15,000.00
Capital
1, 0.
50 00
Surplus and undivided profits
Deposits:
1,016019
Due to banks**
18,175037
Demand deposits, including U. S. Govt. deposits
2,09602
Time deposits, including postal savings
$
Total deposits
21,287069
Borrowings from F. R. bank
7,826062
Borrowings from other banks
All other liabilities
45 614.
,
51
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Secured claims
Preferred claims
ib=e2antitaMIDGMEteraViialianti
Amount of loss
Per cent of loss
to claims
Amax
mita
General claims
Aca
xlloc
Total
IfiDa
DikX
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
110
S. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
Yes
If so give:
FARMERS STATE GUAIIANTY BANK, VALLIANT, OKLA.
2-1-28
Loss to depositors on:
Amount of loss
None
Secured claims
Per cent of loss
to claims
None
Preferred claims
None
None
General claims
None
None
Total
None
None
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims
—
General claims.
Total claims. . ..
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
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
•
t
c
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
X
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
X
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
Yee
If so, state what industry or type of agriculture
Ootton.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
19 25
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes.
If so, give dates and amounts of all assessments
20- —
•
8
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
sitsperiS1011.
- Type of bank reported—check
appropriate one of the following
El National bank
Name of State
• State bank
C] Trust company
• Stock savings bank
• Mutual savings bank
Oklahoma
• Private bank
•
1. Name of bank___rirat StatBk
2. Date organized 12-19-23
3. Federal reserve district
Town or City Greenfield
2 m27
Date suspended 1 -12
Population of town or city*
Outside city of parent bank**
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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
Member or nonmember of F. R. System____N°
10th
4. Number of branches operated: In city of parent bank
•
County Blaine
6. Condition figures, as of (date*)
10-10-27
Loans and discounts:
$
On real estate
2,300.00
73,498.16
Other
$
Total loans and discounts
'75,798.16
Real estate acquired in satisfaction of debts
Investments
16005.05
All other resources
14,791.28
107,10449
Total resources
25,000.00
Capital.................................................................
3,05000
Surplus and undivided profits
Deposits:
81.848
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
58,165.41
1,514.65
$
Total deposits
80,298.52
Borrowings from F. R. bank
Borrowings from other banks
18,753.97
All other liabilities
107,102.49_
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
S. Has this bank been taken over by another bank?
yes
If so give:
Name of bank by which taken over Watonga State Bank, Watongat Oklahoma.
Date taken over
12.12.47
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
None
Secured claims
_None_
Preferred claims
to
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. . .
1111
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liwidation 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
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
Decline in real estate values
Contributing
cause
X
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
X
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
Tea
or agriculture?
If so, state what industry or type of agriculture
Ilieneat and cattle.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1924
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
12-12-2'7 $ 25 000 00 fit 'Ana--
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
'BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
[2:1 State bank
O Trust company
O Stock savings bank
O
Mutual savings batik
Oklahoma
• Private bank
•
1. Name of bank___Ut State Bank of Hartshorne Town or City
Hartshorne
County Pittsburg
f
,
2. Date organized
1.51-08
3. Federal reserve district
Date suspended 9-7-26
10th
Population of town or city*
Member or nonmember of F. R System_
4. Number of branches operated: In city ofiwparent 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
3,500
Yes
6. Condition figures, as of (date*)
9-7-26
Loans and discounts:
$
On real estate
46,660.54
308,80145
Other
$
Total loans and discounts
355,462.49
Real estate acquired in satisfaction of debts
64565064
Investments
971346.46
All other resources
64,219.10
5'78,593,69
Total resources
25 000.00
;
Capital
1,216,36
Surplus and undivided profits
Deposits:
Due to banks**
.5
9,4'72
$
Demand deposits, including U. S. Govt. deposits
3511294.64
Time deposits, including postal savings
140,384.88
$
Total deposits
4811152.35
Borrowings from F. R. bank
Borrowings from other banks
71,224.98
All other liabilities
593•69
Total liabilities
7. Has this bank been reopened?
YAB
If so give:
Date of reopening
9••7«26
Name under which reopened
First State Bank in Hartshorne.
Loss to depositors on:
Secured claims
Amount of loss
None
Per cent of loss
to claims
None
ft
Preferred claims
ti
General claims
Total
4
.•
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total...................................
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . ..
Preferred claims...
General claims
Total claims.
10. Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims. . ..
Dividends paid from
collections
Payments from
guaranty fund
.
t
t
4
t
t
Preferred claims.. .
General claims. . . .
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
-
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
X
Losses due to unforeseen and unprecedented decline in value
of agricultural commodities, livestock and real estate, following the inflation
period which existed during and for several years after the late war.
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
Cotton, Corn and
Mines.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1920.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
19.4
--PA
7-13-25, 25,000600
9-7-26, 25,000.00
If so, give dates and amounts of all assessments
•
8
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
'BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
1:=1
1F:J
National bank
Name of State
State bank
El Trust company
El Stock saving; bant
[j] Mutual savings bank
Oklahoma
EL Private bank
•
1. Name of bank
2. Date organized
Producers State Bank
17-24-17
3. Federal reserve district
Town or City
Date suspended_112t51-24
10th
Hartshorne
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 Pittsburg
3909Q_
NO
6. Condition figures, as of (date*)
12-23-24
Loans and discounts:
On real estate
$
21,575.64
202482.95
Other
$
Total loans and discounts
223,758.59
Real estate acquired in satisfaction of debts
23,165.40
Investments
95,028.195
All other resources
74,
steisio_____
416,799.04
Total resources
Capital
25,000.00
2,500.00
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
13.287
_244965.13_
99$161.28___
$
Total deposits
353,414.76
Borrowings from F. R. bank
Borrowings from other banks
15,002,(Y3
All other liabilities
20,$8i.68
1
416,799.04
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
Yea
If so give:
6tate Bank of Hartshorne, Hartshorne,
Name of bank by which taken over
Ifirst
Date taken over
12-31-.24
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
None
None
Preferred claims
None
None
General claims
None
None
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.
,
g
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
.
Payments from
guaranty fund
<
<
11. Causes of suspension:
Check in the,appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
X
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
X
Losses due to unforeseen and unprecedented decline in value
of agricultural commodities, livestock and real estate, following the inflation
period which existed during and for several years after the late war.
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
YAs
Cotton, Corn and Mines.
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspen• sion?
3920.,
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
'et
flb
12.41-241 $25$000.00
•
B
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
HANK. SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
supervisory authorities or by the bank's board of directors on account of financial difficulties. This
by
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
Suspension.
- Type of bank reported—check
appropriate one of the following
National bank
Name of State
2 State bank
Trust company
LI Stock savings bank
fl Mutual savings bank
L] Priiate bank
0
•
1. Name of bank
2. Date organized
Security State
6-27-.21
3. Federal reserve district
Town or City
Hartshorne
Date suspended
1
'
12 24•23 Population of town or city*
10th
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
Pittsburg
3,500
NC
)
6. Condition figures, as of (date*)
.914-23
Loans and discounts:
On real estate
$
4 920.?6
1422063656
Other
$
Total loans and discounts
146,983,82
Real estate acquired in satisfaction of debts
4,648.90
Investments
21,9/3.24._
_246MM_
All other resources
Total resources
Capital
-25-1-000.00-
Surplus and undivided profits
3,800,00
Deposits:
19,425,32
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
102,345.42
28,669.94
150,440,68
Total deposits
Borrowings from F. R. bank
19,029,01
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
198,Z69.89
If so give:
Date of reopening
Name under which reopened
Amount of loss
Loss to depositors on:
Per cent of loss
to claims
Secured claims
Preferred claims
•
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to 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:
Name of bank by which taken over
Hartshorne—Nati-Gil
Date taken over
12-24..23
Loss to depositors on:
Amount of loss
Secured claims
$
Q
•
II
41111
Per cent of loss
to claims
None
—None_
ft
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
_
Secured claims. .. .
Preferred claims
—
General claims. . ..
Total claims
—
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to 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
t
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
Yes
If so, state what industry or type of agriculture
Cotton
Corn anclaanDits____
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1921
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
12-24-23, $25,000.00
•
I ra
2-
1•At-J') a0-tck--d,
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
B
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
siispension.
. Type of bank reported—check
appropriate one of the following
LI
National bank
Name of State
CI State bank
11 Trust company
LI Stock savings bank
El
Oklahoma
Mutual savings bank ,
LI Private bank
•
1. Name of bank farmers & Merchants Bank
2. Date organized
11-13-08
Date suspended
3. Federal reserve district_____
Town or City
8-18.-21
Loveland
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 Tillman
350
NO
6. Condition figures, as of (date*)
Loans and discounts:
$
On real estate
Other
4,273.00
71,591.
88
Total loans and discounts
$
75,884.88_
Real estate acquired in satisfaction of debts
_
598.80
--
Investments
All other resources
Total resources
Capital
-000.00--101
Surplus and undivided profits
1,261.15--
Deposits:
Due to banks**
52644
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
--38,070449
_
5,805.95-
—
$
Total deposits
44
,402048 _____
Borrowings from F. R. bank
Borrowings from other banks
341778.80
All other liabilities
Total liabilities
7. Has this bank been reopened?
90,442.43
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank'
Name of bank by which taken over
Date taken over
If so give:
Yes
a •is
I.
:
•
8-19-21
Loss to depositors on:
Amount of loss
None
Secured claims
Per cent of loss
to claims
None
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . . .
Preferred claims
General claims. .. .
_
Total claims. ...
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims
t
Preferred claims...
.
General claims. . ..
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
,
z
—
t
11. Causes of suspension:
Check-in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial 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)
Losses due to unforeseen and unprecedented decline in value
of agricultural commodities, livestock and real estate, following the inflation period
which existed during end for several years after the late war.
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
0OttOtte
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1920
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes.
If so, give dates and amounts of all assessments
8-18-21, $13,888.51, Guaranty Fund.
8-18-24_410,000.00.
•
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
' BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended,on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
3E1 State bank
0 Trust company
Stock savings 1D'ank
Mutual savings•bank,
k 1.a
.o m. a
El Private bank
•
1. Name of bank____Thinteall Stet* Balk
2. Date organized
3-2544
3. Federal reserve district
Date suspended
Town or City Mut
1-3.22
11th
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
200
6. Condition figures, as of (date*)
NP"
Loans and discounts:
8,906.41
On real estate
Other
715,962.58
Total loans and discounts
$
84.888,99
Real estate acquired in satisfaction of debts
2,039084
Investments
5,81.81-
All other resources
10,760.92
______
Total resources
Capital
$0004
-0-----
Surplus and undivided profits
—4688.79_
Deposits:
Due to banks**
456.95
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
39Ap
Total deposits
—
36,
641.64
Borrowings from F. R. bank
Borrowings from other banks
52,161.13
All other liabilities
Total liabilities
7. Has this bank been reopened?
3.03,489.56
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to 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?
Zeit_ If so give:
Name of bank by which taken over
rirst Nattonal—Bankv—Durant
i—Oklahma.
Date taken over
1 4042
,
Loss to depositors on:
$
Secured claims
Amount of loss
None
Per cent of loss
to claims
None
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
Secured claims. ...
••
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
--
Preferred claims.. .
General claims.
Total claims..
this
liquidated?
11110 10. Has Datebank been finallycompleted
liquidation was
If so give:
Collections:
From liquidation of.assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
- -
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
X
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
X
due to unforeseen and unprecedented decline in value
losses
of agricultural commodities, livestock and real estate, following the inflation period
which existed during and for several years after the late war.
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
Cotton*
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1920,
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes.
If so, give dates and amounts of all assessments
$10,000.00
•
8
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supgrvisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended,on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Typp of bank reported—check
appropriate one of the following
E] National bank
Name of State
State bank
LI Trust company
0 Stock savings bank
Lii Mutual savings'bank:
Oklahoma
0 Private bank
•
1. Name of bank__ First State Bask
2. Date organizeol_22..21
3. Federal reserve district
Town or City Mind
Date suspended 12-642
10th
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
Ottawa
Population of town or city* 2,907
4. Number of branches operated: In city of parent bank_
•
County
NO
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
76,282.73
Total loans and discounts
8
91,458•06—
Real estate acquired in satisfaction of debts
15060..00
Investments
34,
603.01
All other resources
16,224.03
Total resources
1514045.10
Capital
—25000.00
1
Surplus and undivided profits
787
.90_
Deposits:
4,083.40
Due to banks**
Demand deposits, including U. S. Govt. deposits
—64 -594.56
1
Time deposits including postal savings
55
33 1Q4.
$
Total deposits
•
101 852 51_
Borrowings from F, R. bank
Borrowings from other banks
28,404,69_
All other liabilities
Total liabilities
7. Has this bank been reopened? yes
Date of reopening
If so give:
12•.7.22
Name under which reopened_Becurity_AState_Bank,Ailaimi.
Loss to depositors on:
Secured claims
Amount of loss
None
Preferred claims
General claims
Total
Per cent of loss
to claims
None
df
st
11
ot
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
_
Secured claims. . . .
_
_
Preferred claims.. .
General claims. ..
Total claims. . ..
If so give:
10.
• Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
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
X
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent(Name)
Failure of large debtor (Name)
Other causes, (specify)
X
Losses due to unforeseen end unprecedented decline in value
of agricultural commodities, livestock and real estate, following the inflation period
which existed during and for several years after the late war.
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
410
Yes.
If so, state what industry or type of agriculture
Mines and Cattle.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1290
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes.
If so, give dates and amounts of all assessments
12-5-22 $ 25,000.00
•
8
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. .In case a bank 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
1] Stock savings bank
ID Mutual savings bank
Oklahoma
• Private bank
•
1. Name of bank
2. Date organized
eeeU.rity State Bank
8-184u21
3. Federal reserve district
Date suspended
10th
Town or City
10-25-22
Pershing
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
Osage
200
NO
6. Condition figures, as of (date*)
_13-3Q-22
Loans and discounts:
On real estate
$
7,469.65
48.97945
Other
$
Total loans and discounts
56,448.70
Real estate acquired in satisfaction of debts
Investments
31,849
441
All other resources
Total resources
_A.0,000.00
Capital
1,000.00
Surplus and undivided profits
Deposits:
Due to banks**
15,515.78
Demand deposits, including U. S. Govt. deposits
39,838.43
Time deposits, including postal savings
2,995.47
5#3,54948
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
170.18
Total liabilities
^
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank? _yes__ If so give:
Name of bank by which taken over
iti-ret—National—Bankl—Pawhuska, Okla.
Date taken over
1_0-25-22
Loss to depositors on:
$
Secured claims
Amount of loss
None
Per cent of loss
to claims
None
Preferred claims
to
General claims
10
Total
9. Is this bank still in process of liquidation?
If so give paymentS to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Secured
claims
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
—
Preferred claims...
—
General claims.
Total claims...
—
10. Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of,assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims. .
Preferred claims.. .
General claims
Total claims. . . .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
#
"
_
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
X
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
Yes.
or agriculture?
If so, state what industry or type of agriculture
dattle.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1921.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes.
If so, give dates and amounts of all assessments
10-25-22, $ 10,000.00.
•
8
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
- BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
1=1
National bank
Name of State
[X State bank
EJ
Trust company
EI Stock savings bank
El Mutual savings bank
0.k 1 .a.h a m a
LI Private bank
•
1. Name of bank_atizens_Stats_Bank_Town or City
2. Date organized 3.-5-.10
3. Federal reserve district
Date suspended
31-13-233
10th
ROOkr
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 Washita
550
No
6. Condition figures, as of (date*)
114542
Loans and discounts:
On real estate
755.00
Other
178,
607,
67_
Total loans and discounts
8—J594262,-67—
1 542 13
, •
Real estate acquired in satisfaction of debts
Investments
All other resources
—25,08840—
Total resources
Capital
20,000.00
9,02A.72
Surplus and undivided profits
Deposits:
Due to banks**
500
1, .12
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
90 654.33
,
---22 -854.11—
4
Total deposits
$--114008.56_
Borrowings from F. R. bank
Borrowings from other banks
72p459-024
7,800.00
All other liabilities
Total liabilities
7. Has this bank been reopened?
224,296
052— - If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to 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:
State Beak of goo*.
11.13-22
Loss to depositors on:
Amount of loss
Secured claims
None
Per cent of loss
to claims
--N0214)
--
Preferred claims
General claims
dv
Total
9. Is this bank still in process of liquidation?
dl
—44..4 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. .. .
11111 10.
Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims. .
t
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)
X
Losses due to unforeseen and unprecedented decline in value
of agricultural commodities, livestock and real estate, following the inflation period
which existed during and for several years after the late war.
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
Cotton.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1Q20
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes.
If so, give dates and amounts of all assessments
11-13-22, $ 20,000.00.
•
9
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
a
142
Name of State
State bank
• Trust company
O Stock savings bank
O
Mutual savings bank'
k 1. a h. o .m a
• Private bank
•
1. Name of bank____Seourity State Rank
2. Date organized
3.1--16-n
3. Federal reserve district
Town or CityStillwell
_Date suspended_9-16.30
lath
Population of town or city* 1,O
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 Adair
No
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
15,129.00
1
.38,852.91
Other
$
Total loans and discounts
Real estate acquired in satisfaction of debts
153,981.91
11,821.00
140,077.08
Investments
48,402.05
All other resources
354,282.04
Total resources
Capital
25,000.00
Surplus and undivided profits
19,091.30
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
2,503.14
198,129.09
37,740.83
Total deposits
$
238,372.86
Borrowings from F. R. bank
Borrowings from other banks
73,81'7.88
All other liabilities
354,282.04
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims •
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
yea If so give payments to date: Recent failure — follow.
(Amounts in dollars) ing information not available.
Dividends paid fro
collections
Claims allowed
_
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
_
Secured claims. .. .
Preferred claims
General claims
,
Total claims
10.
• Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
t
,
k
...
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Reorganization..
X
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
Yes
If so, state what industry or type of agriculture
Cora, fruit and oats.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1929.
sion?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
7-22-30
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
80%
Yee
15,OOO.O9
If so, give dates and amounts of all assessments
•
9-16-30, 100%, $25,000.00 144u.A.•fri. *ha/o/y2W-44---tte,c2c,r2e-b ••!_,/12z-Ger- (.___
6
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended;on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
fl National bank
ir State bank
LI
0
0
0
Name of State
Trust company
Stock savings bank
Mutual savings bank
011ahona
Private bank
•
1. Name of bank
2. Date organized
Blaine County Bank
Date suspended
540 01
,
3. Federal reserve district
Town or City
12-19.45
10th
Watonga
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
Blaine
0000
2
NO
6. Condition figures, as of (date*)
12.-19-25
Loans and discounts:
$
On real estate
Other
3.7,378.57
71,511.97
Total loans and discounts
21,645.36
Real estate acquired in satisfaction of debts
Investments
_24,237.25
3083.63.52
All other resources
Total resources
144.938,87
Capital
20,000.00
Surplus and undivided profits
9 161.97
,
Deposits:
$
Due to banks**
1,621.14
Demand deposits, including U. S. Govt. deposits
96,508.42
Time deposits, including postal savings
57,645.14
Total deposits................................................. $
135,774.70
Borrowings from F. R. bank...............................................
Borrowings from other banks..............................................
All other liabilities.......................................................
_
Total liabilities................................................
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Yee
,
Name of bank by which taken over First State Bank & Trust 09 watonga
12..21.25
Date taken over
Loss to depositors on:
Amount of loss
None
Secured claims
Per cent of loss
to claims
_None_
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
a
(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. . .
411fr
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liqtfidation 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
.
.
t
t
Payments from
guaranty fund
t
t
11. Causes of suspension:
Check in thp appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
X
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?
Yea
.
If so, state what industry or type of agriculture
Cattle*. Wheat.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1921.
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
yea
If so, give dates and amounts of all assessments
7-4-25, 20,000.00
12-19-25, 4 20,000.00
•
77
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
ix State bank
LI Trust company
El Stock savings bank'
0 Mutual savings bank
Oklahoma
O. Private bank
•
1. Name of bank
Bank or Welch
2. Date organized
8-27-10
3. Federal reserve district
Date suspended
10th
Town or City
7-25-25
V_ ijadt
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 Craig
800
No
6. Condition figures, as of (date*)
6.30-25
Loans and discounts:
On real estate
2,277.79
Other
95,131.41
Total loans and discounts
$
97
4409.20
10,101.67
Real estate acquired in satisfaction of debts
Investments
8,126.31
All other resources
28,25'7.44__
Total resources
143,894:62
25,000.00
Capital
Surplus and undivided profits
2
4017.13
Deposits:
12.00
S
Due to banks**
Demand deposits, including U. S. Govt. deposits
78,151.01
Time deposits, including postal savings
26082
.10
Total deposits
Borrowings froth F. R. bank
12,632.38
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
Date of reopening
If so give:
7-27.23
Name under which reopened
Loss to depositors on:
yes
Welch StatA Rank, WR1nh, Oklahoma.
Amount of loss
Per cent of loss
to claims
Secured claims
None
None
Preferred claims
None
None
General claims
None
None
Total
None
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?
Vjcjc If so give:
Name of bank by which taken over
.11.:..4),:-.111.i•ji
)2026e25c
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Maw
It=zQ
Preferred claims
tra
tx
General claims
Total
*XX
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
_
Secured claims
Preferred claims
General claims. ..
Total claims. ..
.
.
•
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation pf assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Payments from
guaranty fund
Dividends paid from
collections
Total payments
..
Secured claims. ...
6
Preferred claims.. .
General claims. . . .
Total claims. . ..
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
t
•
t
---
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in., the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
X
Losses due to unforeseen and unprecedented decline in value
of agricultural commodities, livestock and real estate following the inflation period
which existed during and for several years after the late war°
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
Oattle,
What was the approximate date of the beginning of the difficulty which ultimately caused the suspen1921.
sion?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
.
7'23..
If so, give dates and amounts of all assessments
9 v,J%J.
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
al State bank
111 Trust company
111 Stock savings bank
Mutual savings-bank:
Oklahoma
Pri,vate bank
1. Name of bank___Oklahoma_atate_Bank________Town or City Weloh
County
2. Date organized_ 149.40_
Date suspended
7.43-23
3. Federal reserve district
10th
Member or nonmember of F. R. System
Population of town or city*
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
Craig
_800L__
No
6. Condition figures, as of (date*)
7■43...23
Loans and discounts:
On real estate
$
3,465600
37,824.53
Other
Total loans and discounts
41,289.53_
Real estate acquired in satisfaction of debts
3,400.00
Investments
_42 2,22.26_
4
All other resources
86,91109
Total resources
15,00040
Capital
2,000.00
Surplus and undivided profits
Deposits:
320.00
Due to banks**
Demand deposits, including U. S. Govt. deposits
48,611.20
Time deposits, including postal savings
2 ,980.59
0
69,911.79
Total deposits
Borrowings from F. R. bank
Borrowings from other banks..............................................
All other liabilities
Total liabilities
7. Ilas this bank been reopened?
Date of reopening
86.91.1..79
yes
If so give:
7-23 23
,
Name under which reopened
Loss to depositors on:
Welnh St.FitA Rank, %Minh, Oklahoma.
Amount of loss
Secured claims
_None
Preferred claims
None
General claims
Total
Per cent of loss
to claims
None
None
None
None
None
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
S. Has this bank been taken over by another bank?
Name of bank by which taken over
ntEE
If so give:
_141.7:4 4.1, .-1.0
Date taken over
begat=
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
mcgmc
thyx
xticxxxxxxx
yitxx
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?
Date liquidation was completed
If so give:
Collections:
Fronl liquidation of assets
From asiessffients on shareholders
Other collections (explain)
Total collections
Offsets to claims (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
.
—
c
t
-
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriatp column .those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
X
Other causes, (specify)
Losses due to unforeseen and unprecedented decline in value
of agricultural commodities, livestock and real estate following the inflation period
which existed during and for several years after the late war.
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
Yes
If so, state what industry or type of agriculture
Cattle.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspen-
1921.
sion?
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
7-2
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
-by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
lic] State bank.
Name of State
El Trust company
El Stock savings bank
1:1
Mutual savings bank
El
Private bank
1.. Name of bank
Oklahoma
Gerlach_Bauk
2. Date organized 12-4-1897
3. Federal reserve district
Date suspended
3.0th
Town or City
4-5-21
Woodwiird County
Population of town or city*
5,000
Member or nonmember of F. R. System__ No
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
Woodward
6. Condition figures, as of (date*)
4-5-21
Loans and discounts:
79•3410.6
On real estate
571,087.83
Other
$
Total loans and discounts
650,428099
Real estate acquired in satisfaction of debts
16,196046
Investments
33,170.95
All other resources
107,270.04
807,066.44
Total resources
Capital
75,000.00
Surplus and undivided profits
35,164.40
Deposits:
Due to banks**
99,786.12
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
216,945.68
94,318.06
$
Total deposits
411,049.86
Borrowings from F. R. bank
Borrowings from other banks
_285 852,18
4
All other liabilities
Total liabilities
7. I-las this bank been reopened?
807,066044
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yee
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
New State Bank, Woodward, Oklahoma.
Date taken over
4-6-21
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
None
Secured claims
None
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims.
Preferred claims..
General claims
Total claims.
.
r
•
If so give:
10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
Vronl 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
t
t
.._.
.
11. Causes of suspension:
Check in,the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name) Gerlach—Hopkins Mercantile.
X
Other causes, (specify)
X
Losses due to unforeseen and unprecedented decline in value
of agricultural cormodities, livestock and real estate, following the inflation period
which existed during and for several years after the late war.
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
Yes
If so, state what industry or type of agriculture
Cattle and Mercantile.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1921
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessmentc
4.5-21
21 07 „67, Guaranty iM.
'
75,000.00. Pd.
/10 4
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
(7tf
• National bank
Name of State
Ej State bank
El Trust company
Oregon
O Stock savings bank
O
Mutual savings bank
O Private bank
1. Name of bank
Harper State_Bank
,
2. Date organized April 3 1911 Date suspended
3. Federal reserve district
12
Town or City
MalheU.7
50?
Member or nonmember of F. R. System
no
Outside city of parent bank**
none
none
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County
July 17, 193Z9ulation of town or city*
4. Number of branches operated: In city of parent bank
•
&rper
no
6. Condition figures, as of (date*)
J -uly 17, 1930
Loans and discounts:
On real estate
Other
48,444.85
Total loans and discounts
Real estate acquired in satisfaction of debts
5,495.09
Investments
6 68_1.00
)
All other resources
9,127.03
69,747.97
Total resources
15 000.00
)
Capital
1,100.86
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
41,248.45
1,889.90
Total deposits
$
43.138,35
Borrowings from F. R. bank
8,590.75
Borrowings from other banks
All other liabilities
Total liabilities
7. Has this bank been reopened?
69,747 97
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
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
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
)
6,882.69
6,882.69
6,882.69
100
General claims. . .. 30,677638
23,008.02
23,008.02
75
Preferred claims. ))
1
Total claims. . .. 3r
.__q1g'76.1 /
0
1 g, .67
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims...
General claims
Total claims. . .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
,Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Too small volume
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
Dry farming, sheep and cattle
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1 7
92
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended? not yet
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
fIJ National bank
*] State bank
Name of State
O Trust company
O Stock savings bank
O
South Carolina
Mutual savings bank
O Private bank
VOLUNTARY LIQUIDATION
Bank of Centenary
1. Name of bank__
2. Date organized
10 24 12
3. Federal reserve district
Date suspended
Town or City
12 31 25
5th
0e. ntenary
Population of town or city*
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent banl-
None
Hone
Outside city 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
County
Marion
33
No
6. Condition figures, as of (date*)
t
25, 192b
Loans and discounts:
4 625 36
On real estate
14 631 50
Other
19 256 86
Total loans and discounts
Real estate acquired in satisfaction of debts
(),
Investments
10 027 50
All other resources
29 284 36
Total resources
9 800 00
Capital
293 58
Surplus and undivided profits
Deposits:
2 80
Due to banks**
Demand deposits, including U. S. Govt. deposits
9 282 28
Tune deposits, including postal savings
4 905 70
14 190 78
Total deposits
Borrowings from F. R. bank
5 000 00
Borrowings from other banks
All other liabilities
29 284 36
Total liabilities
7. IIas this bank been reopened?
No
If so give:
Voluntary 1iquidat ion
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to 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)
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. .. .
4
41110 10. Has this bank been finally liquidated?
Date liquidation was completed
If so give:
DIZEOSI TORS AND OREM TORS PAID IN FULL
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
ID
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
•
/.2
vl
9 Y
,
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
/.*
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Repo on a separ te schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O National bank
Name of State
E State bank
0 Trust company
South Carolina
O Stock savings bank
O
Mutual savings bank
0 Private bank
1. Name of bank Peoples Bank of Chesterfie.14 Town or City Chesterfield
2. Date organized
12/20/10
3. Federal reserve district
Date suspended
5th
2/1/25
Chesterfi3 d
856
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**N".
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
County
No
6. Condition figures, as of (date*)
11/19/24
Loans and discounts:
80 000 00 approx.
On real estate
192 452 62
Other
$
Total loans and discounts
272 452 62
21 059 81
Real estate acquired in satisfaction of debts
Investments
80 260 05
All other resources
373 772 48
Total resources
Capital
25 000 00
Surplus and undivided profits
19 946 86
Deposits:
$ 14 035 31
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
192 882 50
56 491 85
$
Total deposits
263 409 66
Borrowings from F. R. bank
60 828 00
Borrowings from other banks
4 587 96
All other liabilities
373 772 48
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:•
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
If so give:
Yee
Peoples Bank
1/1/25
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Secured
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims
General claims.
Total claims. .
Total
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims •
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
• Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
On November 25th, 1924 the
Defalcation
personal, guarantee to. the
bank continued as Peoples
Heavy withdrawals of deposits
state
Failure of affiliated institution (Name)
X
irectors
until
ve their
en over as
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
Yes
If so, state what industry or type of agriculture
Cotton
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
•
1110
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
Q c. State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
. Qa,rollna
O Private bank
•
VOLUNTARY LIQUIDATION
1. Name of bank
2. Date organized
Peoples Savings Bank
7 3 15
3. Federal reserve district
Town or City
Date suspended
5th
5 24 29
Outside city of parent bank**
Population of town or city*
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
NO
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County SpartanbuAic
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank_
•
Clifton
6,055
May 22, 1929
6. Condition figures, as of (date*)
Loans and discounts:
989 00
On real estate
None
Other
989 00
Total loans and discounts
Real estate acquired in satisfaction of debts
2 400 00
Investments
11 381 70
All other resources
14 770 70
Total resources
Capital
5 000 00
Surplus and undivided profits
1 115 45
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
8 655 25
8 655 25
Time deposits, including postal savings
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
14 770 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
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
•
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Secured claims. . ..
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
PAID IN FUIJ%
Preferred claims.. .
General claims. .
Total claims. .
—
41
/ 10. Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims.. .
General claims. . ..
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
NO NEED OF A BANK
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
111/
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 suspen-
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
•
/‘
3
7
At.rt
-AutAi
tp)LAtIt/A,./
-t)
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
0,-.
----0.114.4)- --__ a _)
4
op
Zteua,
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O National bank
Name of State
State bank
O Trust company
O Stock savings bank
O Mutual savings bank
O Private bank
1. Name of bank
South Carolina
American Bank & Trust Co.
2. Date organized
8 5 24
3. Federal reserve district
Town or City
6 5 26
Date suspended
Columbia
County
Richland-
Population of town or city* 50,600
5th
Member or nonmember of F. R System_
NO
4. Number of branches operated: In city of parent bank One
Outside city of parent bank**
Two ------ Aiken, S. C.
Bennettsville, S. C.
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
6. Condition figures, as of (date*) June 25, 1926
Loans and discounts:
$
On real estate
248 737 68
2 112 804 89
Other
$
Total loans and discounts
2 361 542 57
Real estate acquired in satisfaction of debts
370 330 56
Investments
1 005 593 96
All other resources
3 737 467 09
Total resources
250 000 00
Capital
131 598 63
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
689 653 78
1 787 100 91
468 182 44
$
Total deposits
2 944 937 13
Borrowings from F. R. bank
Borrowings from other banks
225 210 00
All other liabilities
185 721 33
3 737 46'7 09
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?
1TO
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
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
_
601,442
601,442
601,442
100%
49 000
,
49,000
100%
1 333,948
559,503
559,503
Total claims...1,984,390
1,209,945
1,209,945
61%
Total payments
Per cent of payments
to claims allowed
Secured claims. .
49,000
•
Preferred claims.
General claims
•
10. Has this bank been finally liquidated?
41.1% 1
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Secured claims
Preferred claims.. .
General claims.
Total claims. ..
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
41110
NO
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
Six months previous
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
1926
$73,000.00 approximately
•
/
,
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
uo-kk_
A
Type of bank reported—check
appropriate one of the following
• National bank
Name of State
• State bank
El Trust company
• Stock savings bank
South Carolina
Mutual savings bank
• Private bank
•
Iluerican Bank & Trust Co.
1. Name of bank
Town or City Bennettsville County
Laarlboro
Boulkht Union Savings 1924
2. Date organized
3. Federal reserve district
Date suspended 6 25 z6
5th
Population of town or city*
3 200
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
Yes - liquidation was separated. fran
Parent barik- by °tidal' Of Co
it
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
6. Condition figures, as of (date*)
ne 25
Ju,1926
Loans and discounts:
On real estate
200 937 46
Other
272 245 69
473 183 15
Total loans and discounts
Real estate acquired in satisfaction of debts
105 00
Investments
26 933 10
All other resources
500 221 25
Total resources
Branch
Capital
12 091 94
Surplus and undivided profits
Deposits:
49 284 28
Due to banks**
Demand deposits, including U. S. Govt. deposits
388 845 03
Tune deposits, including postal savings
438 129 31
Total deposits
Borrowings from F. R. bank
50 000 00
Borrowings from other banks
All other liabilities
500 221 25
Total liabilities
7. Has this bank been reopened?
110
,
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•
•
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
Yes
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
64,150
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
64,150
64,150
360,400
274,645
274,645
764,2%
424,550
338,795
338,795
80%
Secured claims
100%
None
Preferred claims
General claims. .
Total claims. .
.1 .
Of the above 180,000 paid in
10.
• Has this bank been finally liquidated?
Date liquidation was completed
— 94,645 paid in real estate paper ani
real estate
If so give•
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims. . . .
Total claims. . ..
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits Amer loan Bank and Trust Co , Columbia, Par
.
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
Yes
or agriculture?
If so, state what industry or type of agriculture
Cotton
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended ?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No
If so, give dates and amounts of all assessments
•
givJzo
t diA,P .
v
, i
.
1. ,,:, ,2 6-) /9 2
(,-,.
q2g
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
0-Ztot,
Type of bank reported—check
appropriate one of the following
El
National bank
II
State bank
Name of State
Trust company
ri Stock savings bank
El
South. Carolina
Mutual savings bank
I=1 Private bank
•
1. Name of bank Amer lest Bank & Trust Co.
2. Date organized
8 5 24
3. Federal reserve district
Date suspended
5th
Town or City
6626
Aiken
County
Aiken
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
Yes, but after closing Court disolved 1ie relationship of Aiken from American Bank
and
Trust uo., Columbia, and. liquidation was spparate.
* La-test census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
6. Condition figures, as of (date*)
Tune 26, 1926
'
Loans and discounts:
9 056 10
On real estate
89 329 18
Other
.98 385 28
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
10 947 75
All other resources
109 333 03
Total resources
Capital
4 842 42
Surplus and undivided profits
Deposits:
• 48' 101 89
Due to banks**
Demand deposits, including U. S. Govt. deposits
56 388 72
Time deposits, including postal savings
104 490 61
Total deposits
•
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
109 333 03
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
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
47,122
47,122
33._671
_
15,629
Total claims....8O,!3
64_751
Secured claims. . .
Payments from
guaranty fund
Total payments
47,122
Per cent of payments
to claims allowed
1
100/%
Preferred claims...
General claims. . .
10. Has this bank been finally liquidated?
.
15,629
62,751
A
46.--.d
}0
77a7%
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured claims. . . .
Preferred claims.
General claims.
Total claims.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No
If so, give dates and amounts of all assessments
•
r(
I)
,^7
A/W
-
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
a
/
ot_Al
/64
12-
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
[A
Name of State
State bank
Trust company
LII Stock savings bank
El Mutual savings bank
LI
South Carolina
Private bank
•
1. Name of bank Bank
2. Date organized
or
Conestee
10 4 17
3. Federal reserve district
Town or City
8 15 27
Date suspended
5th
Population of town or city*
Nolte
Outside city of parent bank**
none
5. Was this bank a member of a chain or group? If so give the name of the chain or group
No
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County Greenville
Member or nonmember of F. R. System__
4. Number of branches operated: In city of parent bank
•
Coneste e
220
NO
6. Condition figures, as of (date*)
Apr. 28,
1926
Loans and discounts:
4 212 59
On real estate
020 350 84
Other
24 571 43
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
11 028 09
All other resources
35 599 52
Total resources
10 000 00
Capital
2 975 12
Surplus and undivided profits
Deposits:
38 90
Due to banks**
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
/9 278 37
3 307 13
22 624 40
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
35 599 52
Total liabilities
7. Has this bank been reopened?
O
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
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
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. ..
DEPOSI1011S PAID IN BULL
Preferred claims.
General claims
Total claims
If so give:
10.
• Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims...
General claims. ..
Total claims. . . .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause •
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
VO LUNTARY
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
gi
State bank
Name of State
O Trust company
O Stock savings bank
O
South Carolina
Nlutual savings bank
O Private bank
•
VOLUNTARY LIQUIDATION
1. Name of bank
2. Date organized
Bank of Eastover
8 30 19
3. Federal reserve district
Date suspended
5th
4. Number of branches operated: In city of parent bank
*
Eastover
Town or City
12 12 25
Population of town or city*
Member or nonmember of F. R. System_
None
Outside city of parent bank**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
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
County
Richland
326
No
6. Condition figures, as of (date*)
Nov. 7, 1925
Loans and discounts:
5 788 26
On real estate
26 334 55
Other
32 122 81
Total loans and discounts
Real estate acquired in satisfaction of debts
2 354 75
();')
Investments
940 00
51 793 93
All other resources
87 211 49
Total resources
25 000 00
Capital
4 103 92
Surplus and undivided profits
Deposits:
700 09
Due to banks**
Demand deposits, including U. S. Govt. deposits
45 733 39
Time deposits, including postal savings
11 551 41
57 971 89
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
135 68
All other liabilities
87 211 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?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims
•t TILIN ET LL
Preferred claims. . .
General claims. . ..
Total claims. . ..
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
X
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry•
or agriculture? Yes
If so, state what industry or type of agriculture
Cotton
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1924-25
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
Ex State bank
O Trust company
O Stock savings bank
O
South Carolina
Mutual savings bank
O Private bank
•
1. Name of bank The Citizens Bank
2. Date organized
3 10 20
/ /
3. Federal reserve district
Town or City
82
Date suspended 12/1 / 4
5th
EllOreti
Population of town or city*
Nlember or nonmember of F. R. System__
Non
4. Number of branches operated: In city of parent bank__
•
Outside city of parent bank**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
NO
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County Orangeburg
925
No
6. Condition figures, as of (date*)
8/19/24
Loans and discounts:
$
On real estate
1 336 45
25 803 39
Other
$
Total loans and discounts
27 139 84
377 62
Real estate acquired in satisfaction of debts
Investments
9 591 55
All other resources
37 109 01
Total resources
20 000 00
Capital
848 60
Surplus and undivided profits
Deposits:
50 73
Due to banks**
Demand deposits, including U. S. Govt. deposits
6 790 35
Time deposits, including postal savings
7 500 33
14 260 41
Total deposits
Borrowings from F. R. bank
2 000 00
Borrowings from other banks
All other liabilities
37 109 01
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yee
8. Has this bank been taken over by another bank?
If so give:
First National Bank of Elloree
Name of bank by which taken over
12/1 / 4
82
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
_
Secured claims..
Preferred claims..
General claims. .
Total claims
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
,Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
X
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
••••
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
Yes
If so, state what industry or type of agriculture
Cotton
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
• State bank
O Trust company
O Stock savings bank
O
South Carolina
Mutual savings bank
O Private bank
Voluntary Liquidation
Farmers Bank
1. Name of bank__
2. Date organized
2217
3. Federal reserve district
Date suspended
Town or City Ft. Mot te
12 31 25
Population of town or city*
Member or nonmember of F. R System
5th
4. Number of branches operated: In city of parent bank
•
Outside city of parent bank**
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County
Calhoun
464
NO
25
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
J. 827 30
Other
2 518 34
4 345 64
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
7 489 91
All other resources
11 835 55
Total resources
7 500 00
Capital
18 61.
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
1 726 90
Time deposits, including postal savings
2 590 04
4 316 94
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
11 835 55
Total liabilities
7. H this bank been reopened?
Has
tio
If so give:
Voluntary Liquidation
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
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:
ALL B ILLS PAID
From liquidation of assets
FULL
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
e
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
[3 State bank
O Trust company
O Stock savings bank
O
south Carolina
Mutual savings bank
O Private bank
410
Voluntary - Paid Ds full.,
1. Name of bank
2. Date organized
Brandon Community Bank.
10 6 19
3. Federal reserve district
Town or City Greenville
1 1 29
5th
Population of town or city*
27,311
Member or nonmember of F. R. System_
Date suspended
4. Number of branches operated: In city of parent bank
No
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
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
County Greenv file
6. Condition figures, as of (date*)
March 16, 1928
Loans and discounts:
1 019 79
On real estate
25 319 18
Other
26 338 97
Total loans and discounts
Real estate acquired in satisfaction of debts
c
Investments
26 390 00
All other resources
10 567 49
63 296 46
Total resources
7 455 00
Capital
6 051 06
Surplus and undivided profits
Deposits:
185 51
Due to banks**
Demand deposits, including U. S. Govt. deposits
49 551 71
Time deposits, including postal savings
49 737 22
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
a
53 18
All other liabilities
63 296 46
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
PAID IN FULL
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. .. .
Ilk
10. Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims.
General claims
Total claims. ..
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause .
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
VOLUNTARY
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
4E1 State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
South Carolina
O Private bank
•
VOLUNTARY LIQUIDATION
1. Name of bank Llerohalts and Farmere Bank
2. Date organized
3. Federal reserve district
Date suspended
Town or City
12 31 28
5th
Heath UringsCounty
Population of town or city*
Member or nonmemWer of F. R. System_
None
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
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
nc.9qter
505
No
June 23, 1928
6. Condition figures, as of (date*)
Loans and discounts:
4 534 68
On real estate
48 016 13
Other
52 650 81
Total loans and discounts
6 386 24
Real estate acquired in satisfaction of debts
‘-)
Investments
5 255 00
ip
21 /0.3.i
All other resources
85 295 45
Total resources
25 000 00
Capital
2 855 05
Surplus and undivided profits
Deposits:
1 00
Due to banks**
Demand deposits, including U. S. Govt. deposits
38 303 95
Tune deposits, including postal savings
14 632 97
52 937 92
Total deposits
Borrowings from F. R. bank
4 500 00
Borrowings from other banks
248
All other liabilities
85 295 45
Total liabilities
7. Ilas this bank been reopened?
"To
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:,
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to 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)
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
PAID IN 1ULL
claims.
Preferred claims.
General claims
Total claims..
If so give:
10.
• Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims.
Total claims. . .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
VOLUNTARY
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
•
A
9a r
v
92
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
t.
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
El
National bank
Name of State
Ici] State bank
LI Trust company
[11 Stock savings bank
South Carolina
LI Mutual savings bank
Private bank
•
1. Name of bank
2. Date organized
Peoples Bank
98 18
2
3. Federal reserve district
Date suspended
5th
Town or City
Hodges
Grearm)ad.
1 12 26 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**
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
No
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County
No
6. Condition figures, as of (date*)
*lottx
TtUy 27, 1925
Loans and discounts:
On real estate
18 340 25
Other
58 475 91
66 816 16
Total loans and discounts
10 247 43
Real estate acquired in satisfaction of debts
Investments
16 457 70
All other resources
93 521 29
Total resources
25 000 00
Capital
8 114 84
Surplus and undivided profits
Deposits:
100 00
Due to banks**
Demand deposits, including U. S. Govt. deposits
19 061 15
Time deposits, including postal savings
16 745 30
35 906 45
Total deposits
Borrowings from F. R. bank
24 500 00
Borrowings from other banks
All other liabilities
93 521 29
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
•
Yes
8. Has this bank been taken over by another bank?
If so give:
Bank of Hodges
Name of bank by which taken over
1 12 26
Date taken over
Depositors raid in full
Amount of loss
Loss to depositors on:
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
..._
Secured
claims
Preferred claims
General claims. ..
Total claims. ...
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims. ...
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
Yes
If so, state what industry or type of agriculture
Cotton
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ?
Fall 1925
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
tCI State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
South Carolina
O Private bank
•
VOLUNTARY LIQUIDATION
...
•••••••••••=1
-
1. Name of bank
Bank of Kingaburg
Date suspended
5th
Population of town or city*
Member or nonmember of F. R. System_ No
4. Number of branches operated: In city of parent bank
None
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
County
1/1 / 1
52
7/1 / 0
52
2. Date organized
3. Federal reserve district
Florence
Kingsburg
Town or City
85
6. Condition figures, as of (date*)
12/18/20
Loans and discounts:
On real estate
Other
Total loans and discounts
3 452 50
Real estate acquired in satisfaction of debts
Investments
7 890 68
All other resources
11 343 18
Total resources
5 000 00
Capital
191 29
Surplus and undivided profits
Deposits:
65 71
Due to banks**
Demand deposits, including U. S. Govt. deposits
4 341 18
Time deposits, including postal savings
1 745 00
6 151 89
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
11 343 18
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims... .
Preferred claims...
VOLUNTAY LIQUIDATION
DEPOS
rroRs p
ID IN POLL
General claims. .. .
Total claims. . ..
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
NO BIBINESS ¶Lt S
Defalcation
RT BANEC
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
NO INFO ELUTION
•
,
11
Oka.,
'
c7
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
M
Name of State
State bank
Li Trust company
Li Stock savings bank
Li
South Carolina
Mutual savings bank
Private bank
•
Farmers & Merchants
1. Name of bank__
2. Date organized
89 ZD
3. Federal reserve district
Bank
Date suspended
5th
4. Number of branches operated: In city of parent bank
Town or City Leesville
3 2 at
Population of town or city*
Member or nonmember of F. R. System_
None
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
County Lexington
1,216
No
6. Condition figures, as of (date*)
Feb. 28, 1927
Loans and discounts:
9 515 52
On real estate
40 801 21
Other
50 316 73
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
13 708 71
All other resources
40 770 69
104 796 13
Total resources
25 000 00
Capital
16 314 63
Surplus and undivided profits
Deposits:
141 65
Due to banks**
Demand deposits, including U. S. Govt. deposits
33 445 42
Tune deposits, including postal savings
29 131 14
62 718 21
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
763 29
All other liabilities
104 796 13
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
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
I
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Al]. deposit rs mid clainis
id in full — stockholders rave
received 6 % and will get more,
Secured claims
Preferred claims
General claims...
Total claims.
10.
• Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims...
General claims. .. .
Total claims. ...
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
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
cg
State bank
Name of State
O Trust company
O Stock savings bank
El
South Carolina
Mutual savings bank
O Private bank
•VOLUNTARY LIQUIDAT ION
1. Name of bank
2. Date organized
Bank of Mayasvi11e
9 2 02
3. Federal reserve district
Date suspended
Mayesvilie
Town or CityCounty 312711t or
2 22 29
5th
4. Number of branches operated: In city of parent bank
Iember or nonmember of F. R. System
None
Outside city of parent bank**
411
Population of town or city*
N°110
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
839
No
Jan. 3, 1929
6. Condition figures, as of (date*)
Loans and discounts:
7 074 04
On real estate
84 547 28
Other
91 621 32
Total loans and discounts
4 857 09
Real estate acquired in satisfaction of debts
\)())
Investments
10 745 00
All other resources
29 22Z 26
136 446 67
Total resources
30 000 00
Capital
3 35 42
4
Surplus and undivided profits
Deposits:
1 145 19
Due to banks**
Demand deposits, including U. S. Govt. deposits
44 482 04
Time deposits, including postal savings
49 455 0.2
95 082 25
Total deposits
Borrowings from F. R. bank
8 000 00
Borrowings from other banks
All other liabilities
10 00
136 446 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
8. Has this bank been taken over by another bank'
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
_
Secured
claims
PAID IN FEILL
Preferred claims
General claims
Total laims. . ..
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
1/0*'LUMLEY
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
92?
, '
_
6
47--
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
•
"
6 A--
A
llI
C
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
pg
State bank
Name of State
O Trust company
O Stock savings bank
O
South Carolina
Mutual savings bank
O Private bank
•
1. Name of bank The Bank of Mullins
2. Date organized
7 28 99
Date suspended
Town or City
1 3 27
Li1ling
County
Population of town or city*
5th
3. Federal reserve district
None
Outside city of parent bank**
Nona
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
2, 79
3
No
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank_
•
Marion
6. Condition figures, as of (date*)
Apr. 19, 1927
5riesefigures are first report after re—
organization. Figlires prior to reorganization
too far distant as to date of reo4gainzation.
Loans and discounts:
$ Lot available
On real estate
Other
195 739 80
Total loans and discounts
13 449 43.
Real estate acquired in satisfaction of debts
3 750 00
Investments
106 488 79
All other resources
319 428 00
Total resources
25 000 00
Capital
13 385 97
Surplus and undivided profits
Deposits:
1 181 35
Due to banks**
132 986 33
Demand deposits, including U. S. Govt. deposits
91 468 07
Tune deposits, including postal savings
225 635 75
Total deposits
Borrowings from F. R. bank
49 500 00
Borrowings from other banks
5 906 28
All other liabilities
319 428 00
Total liabilities
7. Has this bank been reopened?
Date of reopening
If so give:
The bank was insolvent and to tame a
sto cicholder s rut up a 100%
eireenisast assimiiaxis-aaash.agoen.asoulaag
.
aissusweinse
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
NO LOSS TO DEPOSITORS.
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
YE143
If so give:
8. Has this bank been taken over by another bank?
Name of bank by which taken over
1111ins
Bank of 1.1
1 3 27
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
NO LOSS
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
_
Secured claims. .
Preferred claims
General claims. .
Total claims. . .
1110 10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims.. .
General claims. ...
Total claims. . . .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
If so, give dates and amounts of all assessments
•
In order to rehabilitate badk stockholders paid in Z25,000.00 new Capital
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
qL] State bank
O Trust company
O Stock savings bank
O
South Carolina
Mutual savings bank
O Private bank
Voluntary Liquidation
1. Name of ban
2. Date organized
Bauk of Six Mile
9 15 19
3. Federal reserve district
Date suspended
Six Mile
Town or City
12 31 27
5th
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**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
No
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County
Pick ens
134
No
6. Condition figures, as of (date*)
Dec. 31, 1927
Loans and discounts:
Not available
On real estate
Other
28 113 94
Total loans and discounts
Real estate acquired in satisfaction of debts
`44
)
-
Investments
15 686 25
All other resources
43 800 19
Total resources
15 000 00
Capital
3 620 33
Surplus and undivided profits
Deposits:
7 7Z
Due to banks**
Demand deposits, including U. S. Govt. deposits
5 962 55
Time deposits, including postal savings
5 970 27
Total deposits
Borrowings from F. R. bank
17 000 00
Borrowings from other banks
2 219 59
All other liabilities
43 800 19
Total liabilities
7. IIas this bank been reopened?
VOLUNTARY LIgli.i.DAT ION
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
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
_
DEPOSITOIE PAID IN
Secured claims. . . .
LL
Preferred claims
General claims
Total claims. . . .
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims...
General claims.
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment,laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
•
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
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
EI National bank
El State bank
Name of State
• Trust company
O Stock savings bank
O
South Carolina
Mutual savings bank
O Private bank
•
VOLUNTARY LIqUIDAT ION
1. Name of ban
'Montgomery Trust Co
2. Date organized
3. Federal reserve district
Town or City
Date suspended
5th
3430
Spastanburg
Population of town or city*
Member or nonmember of F. R. System
1\10 ne
4. Number of branches operated: In city of parent bank_
•
Outside city of parent bank**
i‘10
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
County
Spartanburg
25,537
No
6. Condition figures, as of (date*)
ujt. 25, 1929
Loans and discounts:
Nom
On real estate
Other
117 987 15
Total loans and discounts
Real estate acquired in satisfaction of debts
162 036 35
Investments
35 379 79
All other resources
315 403 29
Total resources
100 000 00
Capital
55 283 75
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
58 960 34
58 960 34
Total deposits
Borrowings from F. R. bank
92 088 47
Borrowings from other banks
9 070 47
All other liabilities
315 403 29
Total liabilities
7. Has this bank been reopened?
/To
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Secured claims. ...
MIS
Payments from
guaranty fund
BiSK PAID OFF ITS DEPOSITORS
Total payments
Per cent of payments
to claims allowed
FULL MARCH 4 1934,
Preferred claims..
General claims. . ..
Total claims. ..
• Has this bank been finally liquidated?
10.
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing .
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
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
O
State bank
Name of State
O Trust company
O Stock savings bank
O
South. Carolina
Mutual savings bank
O Private bank
110
Voluntary Liquidation
1. Name of bank
Planters Bank
2. Date organized
9 28 15
3. Federal reserve district
Date suspended
TOW11 or City
12 31 28
5th
Starr
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**
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
NO
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County Anderson
347
Oct 17, 1928
6. Condition figures, as of (date*)
Loans and discounts:
4 704 52
On real estate
16 176 52
Other
20 881 04
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
14 135 67
All other resources
35 016 71
Total resources
10 000 00
Capital
9 129 63
Surplus and undivided profits
Deposits:
36 00
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
13 065 01
2 540 85
adint
Total deposits
15 641 86
Borrowings from F. R. bank
Borrowings from other banks
245 22
All other liabilities
35 016 71
Total liabilities
7. IIas 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?
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
PAID IN FULL
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims
General claims.. ..
Total claims....
_
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims. .. .
Preferred claims
General claims.
Total claims. . .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
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
12; State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
•
South Carolina
VOLUNTARY LIQUIDATION
Bank of
1. Name of bank_Summerfon
2. Date organized
Town or City
Surrendered Charter Dec. 31, 1923
Date suspended
3. Federal reserve district
5th
Summerton
None
Outside city of parent bank**
Clarendon
Population of town or city* 500
Member or nonmember of F. R. System
4. Number of branches operated: In 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
140
* Latest census figures or estimate as shown in bankers' directory.
** Attach a 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
No
6. Condition figures, as of (date*)
0Ot. l, 1924
Loans and discounts:
liot available
On real estate
Other
75 257 96
Total loans and discounts
21 400 00
Real estate acquired in satisfaction of debts
127 355 10
Investments
39 375 51
All other resources
263 388 57
Total resources
25 000 00
Capital
46 092 75
Surplus and undivided profits
Deposits:
819 22
Due to banks**
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
106 391 88
77 561 61
184 772 71
Total deposits
Borrowings from F. R. bank
7 500 00
Borrowings from other banks
23 11
All other liabilities
263 388 57
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
If so give payments to date:
9. Is this bank still in process of liquidation?
(Amounts in dollars)
Claims allowed
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. ...
Preferred claims..
This b
volt
•-
General claims. ...
Total claims. ...
411
If so give:
10. Has this bank been finally liquidated?
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims
Total claims.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry •
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so, give dates and amounts of all assessments
•
FEDERAL RESiRVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
-1 \•
„,//
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
111
National bank
Name of State
Et State bank
• Trust company
[] Stock savings bank
South Carolina
LI Mutual savings bank
• Private bank
•
1. Name of bank
2. Date organized
Peoples Bank
U. 26 18
Tiramonsvi lie
Town or CityCounty Fl en ce
"
Date suspended
3-0__138_._a_4___Population of town or city*
1,860
Deposit liability assumed by Bank of Timmonsville
3. Federal reserve district
5th.
Member or nonmember of F R System_
None
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
•
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
No
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
No
6. Condition figures, as of (date*)
0.0t. 27, 1924
Loans and discounts:
12. 847 38
On real estate
126 784 66
Other
139 632 04
Total loans and discounts
34 937 62
Real estate acquired in satisfaction of debts
1 200 00
Investments
27 212 22
All other resources
202 981 88
Total resources
Capital
75 000 00
Surplus and undivided profits
10 101 32
Deposits:
2 391 41
Due to banks**
Demand deposits, including U. S. Govt. deposits
Tune deposits, including postal savings
87 787 67
1 701 48
91 880 56
Total deposits
Borrowings from F. R. bank
26 000 00
Borrowings from other banks
All other liabilities
202 981 88
Total liabilities
7. Has this bank been reopened?
If so give:
Assumed by Bank of Timmonsville
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to 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:
Name of bank by which taken over Deposits assum Ind by Pnk of TiminarlavI13e
10 28 24
Date taken over
No loss
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
Total payments
Payments from
guaranty fund
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
_
Secured claims. . .
Preferred claims..
General claims.
Total claims
.
10. Has this bank been finally liquidated?
Date liquidation was completed
If so give:
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims. ...
Preferred claims...
General claims
Total claims. .. .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
Yes
If so, state what industry or type of agriculture
Cotton and Tobacco
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
g] State bank
O Trust company
O Stock savings bank
O
South Carol in a
Mutual savings bank
O Private bank
•
VOLUNTARYLIQUIDATION
Uhltney Savings Bank
1. Name of bank
2. Date organized
Town or City
3 3 21
3. Federal reserve district
Date suspended
5th
July 1927
Wh.tney
Population of town or city*
NIember or nonmember of F. R. System
4. Number of branches operated: In city of parent bank__
Outside city of parent bank**
None
NO223
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
County Spa rtanbur g
40
No
March 28, 1927
6. Condition figures, as of (date*)
Loans and discounts:
4 324 08
On real estate
12 187 53
Other
16 511 61
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
100 00
3 048 60
All other resources
19 660 21
Total resources
Capital
5 000 00
Surplus and undivided profits
4 012 73
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
10 609 80
10 609 80
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
37 68
All other liabilities
19 660 2.3.
Total liabilities
7. Has this bank been reopened?
klo
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
S. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
"
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
Secured claims. . .. _
D
Preferred claims.. .
SI TORS PAID IN FULL
General claims
Total claims. . ..
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
No
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
If so, give dates and amounts of all assessments
•
J,,
e CC.rv
7
,
at"
1
:4-1.1,
l''L%f•
-"
/
'7 2
/ 92/
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
(t c
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
Trust company
• Stock savings bank
South Carolina
▪ Mutual savings bank
O Private bank
bank_
Farmers
1. Name of bank____ & Merchants Bank
FaMeirs
2. Date organized
5 22 12
Date suspended
own or City Williston
12 12 26 Population of town or city*
5th
3. Federal reserve district
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank_ lione
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
Barnwell
854
No
6. Condition figures, as of (date*)
DOE. 12, 1926
Loans and discounts:
On real estate
15 280 50
Other
72 051 11
87 331 61
Total loans and discounts
Real estate acquired in satisfaction of debts
4 000 00
Investments
37 338 66
All other resources
128 670 27
Total resources
Capital
25 000 00
Surplus and undivided profits
15 168 87
Deposits:
575 38
Due to banks**
Demand deposits, including 11. S. Govt. deposits
58 761 23
Time deposits, including postal savings
28 715 74
88 052 35
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
449 05
All other liabilities
128 670 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)
Y"
If so give:
Name of bank by which taken over Bank of Willis ton guarante ed de_po sit s
Date taken over
12 12 26
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
No Loss
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Secured
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims
General claims. . ..
Total claims. ...
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured
claims
Preferred claims...
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
Yes
If so, state what industry or type of agriculture
Cotton
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
4D-
( ,
k
.
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
Jiu
/fro (
;
3'I
-
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
12 State bank
.
1
O Trust company
O Stock savings bank
O Mutual savings bank
O Private bank
1. Name of bank
Alto
Stete
Bank,
Town or City
2. Date organized Ja.ny.30,1909 Date suspended Aug.11,1924
3. Federal reserve district
11
/Ito
Population of town or city*
"Z'
Member or nonmember of F. R. System_ LIMBER
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County Cherokee
6. Condition figures, as of (date*)
August,11,1924.
Loans and discounts:
On real estate
$
16 137 76
129 898 19
Other
$ 146 035 95
Total loans and discounts
15 341 50
Real estate acquired in satisfaction of debts
2 211 72
\+3
Investments
45 673 30
All other resources
209 262 49
Total resources
25 000 00
Capital
8 685 52
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
2 609 20
14-3 660 77
Time deposits, including postal savings
$ 146 269 97
Total deposits
Borrowings from F. R. bank
21 253 50
Borrowings from other banks
8 060 50
All other liabilities
209 262 49
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Per cent of loss
to claims
Loss to depositors on:
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
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
78 853 57
78 853 57
100%
85 38
15%
Secured claims. ...
Preferred claims... 78 853 57
General claims. .. .
85.38
569 23
Total claims.... 79 422 80
7g?'93
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
VI
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
V
I
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
Yes
or agriculture?
If so, state what industry or type of agriculture Farming, including tomato growing.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1920
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
Yes
If so, give dates and amounts of all assessments
100' assessment 'undo within about thirty days after bank closed. No way of
.
7
determiniqa what assessments,if any, were made before suspension.-
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•
Zoo
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
A)?.r
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
:
pr
Name of State
d State bank
El Trust company
El Stock savings bank
0 Mutual savings bank
0 Private bank
1. Name of bank__ Guaranty State Bank)
2. Date organizecillug.11,1924
Town or City
/
'D
Member or nonmember of F. R. System__Non Lemb or
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County Cherokee,
Date suspended Nov.21,1926 Population of town or city*
3. Federal reserve district 11
•
it0
lio
.
6. Condition figures, as of (date*) November 24, 1926.
Loans and discounts:
On real estate
Other
$
Total loans and discounts
66 081 14
13 951 91
Real estate acquired in satisfaction of debts
1 466 94
Investments
63 493 97
All other resources
144 993 96
Total resources
25 000 00
Capital
9 015 62
Surplus and undivided profits
Deposits:
Due to banks**
104 738 44
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
$ 104 738 44
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
6 239 90
All other liabilities
144 993 96
Total liabilities
7. Has this bank been reopened? Yee
If so give:
Date of reopening Nov emb er 24, 1926 „
Name under which reopened Alto State Bank„Alto,Texas.
Amount of loss
Per cent of loss
to claims
None
1:one
Preferred claims
None
None
General claims
None
None
Loss to depositors on:
Secured claims
$
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
S. has this bank been taken over by another bank'
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Claims allowed
Dividends paid from
colrections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
,
Secured claims. . ..
Preferred claims
General claims.. . .
Total claims. . ..
1
111/
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From askssments 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?
efr
Yes
If so, state what industry or type of agriculture len rraing
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
Innediatel y after opening in 1924
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
Ho
If so, give dates and amounts of all assessments
N3W capital paid in for new loonk.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•
57
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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.76
• National bank
Name of State
ta State bank
1::] Trust company
[l] Stock savings bank
[j] Mutual savings bank
• Private bank
•
1. Name of bank 1.nnin County Bank
Town or City
County :Ftnnita
Bonham
2. Date organized Sept.30,1918 Date suspended Oct.101923 Population of town or city*
Member or nonmember of F. R. System Non. Member
3. Federal reserve district 11
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
7 5 )
°1/
4
NO
6. Condition figures, as of (date*)
3ctc)
-oer 18,1923
Loans and discounts:
On real estate
Other
$ 458 101 59
Total loans and discounts
Real estate acquired in satisfaction of debts
14 412 60
Investments
26 200 00
235 560 03
All other resources
734 274 22
Total resources
100 000 00
Capital
Surplus and undivided profits
Deposits:
Due to banks**
Demand deposits, including U. S. Govt. deposits
Time deposits, including postal savings
473 584 55
54 089 67
$ 527 674 22
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
106 600 00
734 274 22
Total liabilities
7. I-las this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. ...
Preferred claims...
General claims
Total claims.
Yes
10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed October 18,1926
Collections:
26 009 50
From liquidation of assets
1 692 50
From assessments on shareholders
... .444. .r entg
Other collections
183 21
27 885 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
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
Amount not determinable: paid guaranty i'und Depos's
et
H
H
" on general claims,
100%
4
62/0
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
Yes
or agriculture?
If so, state what industry or type of agriculture
Farming
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
In
1923
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended?
è5
If so, give dates and amounts of all assessments
100;1; assessment leviend on shareholders within about thirty days after bank
closed.
Cannot deterrined what amount.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
any, before bank closed.
any,
•
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
O
National bank
Name of State
State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
•
1. Name of bank
Eagle Lake State Bank,
Town or City Eagle Lake
County Colorado
2. Date organized larch 26,1927Date suspended Dec.,29,1928 Population of town or city*
Member or nonmember of F. R. System Non Member
3. Federal reserve district 11
4. Number of branches operated: In city of parent bank
•
Outside city of parent bank**
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
Welhau.sen & Driscoll, Yoakum, Texas.
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
2 000
.Member of chain
6. Condition figures, as of (date*) December 29,1928
Loans and discounts:
On real estate
Other
$ 258 296 12
Total loans and discounts
37 449 77
Real estate acquired in satisfaction of debts
4 500 00
Investments
97 219 43
All other resources
__397 465 32
Total resources
Capital
50 000 00
Surplus and undivided profits
23 489 68
Deposits:
$
Due to banks**
2 857 36
213 387 51
Demand deposits, including U. S. Govt. deposits
83 381 77
Time deposits, including postal savings
$ 299 626 64
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
24 349 00
All other liabilities
397 465 32
Total liabilities
7. Has this bank been reopened?
Date of reopening
Yes
If so give:
December 31,1928
Name under which reopened Same name
Loss to depositors on:
Secured claims
Preferred claims
General claims
Amount of loss
None
Per cent of loss
to claims
None
It
ft
ff
ft
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
S. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. .. .
Preferred claims..
General claims. . . .
Total claims. . ..
• Has this bank been finally liquidated?
10.
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
claims
Preferred claims
General claims
Total claims. . . .
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•
Payments from
guaranty fund
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) Yoakwn State Bank,
Yoakum,Texas.
( Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
•
No.
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?
If so, give dates and amounts of all assessments
Shareholders restored the capital stock.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•
51
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank 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
're State bank
• Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
1. Name of bank First State Bank,
2. Date organized Jany.1,1910
Town or City Eastland
Date suspended Jany.19 4924 Population of town or city* 9 400
Member or nonmember of F R. System Non Member
3. Federal reserve district 11
4. Number of branches operated: In city of parent bank
•
Outside city of parent bank**
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County Eastland
No
6. Condition figures, as of (date*) January 19,1924
Loans and discounts:
On real estate
Other
$
Total loans and discounts
728 775 92
77 098 40
Real estate acquired in satisfaction of debts
Investments
16 165 01
11+5
612 718 90
All other resources
1 434 758 23
Total resources
Capital
100 000 00
Surplus and undivided profits
112 766 11
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
104 651 68
1 117 340 44
Time deposits, including postal savings
$ 1 221 992 12
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
1 434 758 23
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
Yee
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Secured claims. . .
762 448 71
Preferred claims
General claims. . ..
762 448 71
458 00
100%
77 86
17%
77 86
762 906 71
Total claims.
762 448 71
7‘
10. Has this bank been finally liquidated?
7
99.7
If so give:
Date liquidation was completed
Collections:
From 'liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
claims
Preferred claims
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment,laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify).Concentration .of. Ail. fle1(1..loatis
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
Oil field workers and promoters.
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1920
12. Were there any assessments, voluntary or otherwise, on the directors or stockholders either before or after the
bank suspended? Yes
If so, give dates and amounts of all assessments
100% assessment levied within about thirty days after bank closed. $50 269 47
of it collected.
Cannot determine if there were any assessments before suspension.
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
10
O National bank
Name of State
State bank
O Trust company
O Stock savings bank
O
Mutual savings bank
0 Private bank
•
1. Name of bank
First State Bank
2. Date organizedMay 18,1920
Town or City
Young
800
Member or nonmember of F. R. System Non Member
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
County
Date suspended March 21,1924Population of town or city*
3. Federal reserve district 11
•
Eliasville
No.
March 31,1924
6. Condition figures, as of (date*)
Loans and discounts:
On real estate
Other
$ 212 133 33
Total loans and discounts
Real estate acquired in satisfaction of debts
Investments
66 767 49
All other resources
Total resources
278 900 82
25 000 00
Capital
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
1 555 17
252 345 65
Time deposits, including postal savings
$ 253 900 82
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
278 900 82
Total liabilities
7. Has this bank been reopened?
Yes
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Secured claims
Eliasville State Bank, Eliasville, Texas.
Amount of loss
None
Per cent of loss
to claims
None
It
Preferred claims
General claims
tt
Total
tt
tt
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
S. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
_
Secured claims. . .
Preferred claims..
General claims. . .
Total claims. . .
let 10.
Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
claims
Preferred claims.. .
General claims
Total claims
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
_
Per cent of payments
to claims allowed
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
X
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
•
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension?
1921
12. Were there any assessments, voluntary or othenvise, on the directors or stockholders either before or after the
bank suspended?
100
in.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
Yes
assessment levied.
If so, give dates and amounts of all assessments
•
Later bank reopened after new capital had been paid
61
FEDERAL RESERVE COMMITTEE ON
BRANCH, GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
174
Type of bank reported—check
appropriate one of the following
fl] National bank
Name of State
41 State bank
El Trust company
• Stock savings bank
TEXAS
El Mutual savings bank
• Private bank
•
1. Name of bank
First State Bank,
Town or City
Kosse
County Limestone
.17,1918 Date suspended March 17,1923Population of town or city*
2. Date organized Sept
Member or nonmember of F R. System Non Member
3. Federal reserve district 11
4. Number of branches operated: In city of parent bank
•
Outside city of parent banks*
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
1 000
No
6. Condition figures, as of (date*)
March 17,1923
Loans and discounts:
On real estate
Other
$ 65 190 65
Total loans and discounts
Real estate acquired in satisfaction of debts
1 065 80
Investments
197 218 47
All other resources
263 474 92
Total resources
25 000 00
Capital
3 336 78
Surplus and undivided profits
Deposits:
971 12
Due to banks**
Demand deposits, including U. S. Govt. deposits
234 167 02
Time deposits, including postal savings
$ 235 138 14
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
263 474 92
Total liabilities
7. Has this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
** Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
S. Has this bank been taken over by another bank?
If so give:
Name of bank by which taken over
Date taken over
Loss to depositors on:
Per cent of loss
to claims
Amount of loss
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Per cent of payments
to claims allowed
Total payments
Secured claims. . ..
Preferred claims
General claims
Total claims. . ..
411
Yes
0 10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed June 6,1927
Collections:
$ 16 682 05
From liquidation of assets
21 650 00
From assessments on shareholders
Other collections (explain) Surety Bonds
5 500 00
43 832 05
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
Claims allowed
Secured
Dividends paid from
collections
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims
38 234 65
General claims
6 923 62
Total claims
45 158 27
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
38 234 65
5 885 07
38 234 65
5 885 07
4 1 11
t
100%
85
l'''
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify)
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
If so, state what industry or type of agriculture
What was the approximate date of the beginning of the difficulty which ultimately caused the suspension ?
1921
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;0 assessment levied within about thirty days after bank closed, $21 650 00
of it collected.
Cannot determine if there were any assessments before suspension.
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
0 National bank
VI State bank
0 Trust company
O Stock savings bank
O
Mutual savings bank
O Private bank
1. Name of bank_ Westover State Bank,
2. Date organized Nov.,1919
Town or City
Baylor
75
Member or nonmember of F. R. System Non Member
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
None
None
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County
Date suspended Feby.2,1923 Population of town or city*
3. Federal reserve district 11
•
Vestover
No.
6. Condition figures, as of (date*)
February 8,1923
Loans and discounts:
On real estate
Other
$ 21 404 63
Total loans and discounts
200 00
Real estate acquired in satisfaction of debts
Investments
13 375 17
All other resources
34 979 80
Total resources
15 000 00
Capital
1 500 00
Surplus and undivided profits
Deposits:
$
Due to banks**
Demand deposits, including U. S. Govt. deposits
229 60
18 250 20
Time deposits, including postal savings
$ 18 479 80
Total deposits
Borrowings from F. R. bank
Borrowings from other banks
All other liabilities
34 979 80
Total liabilities
7. Ilas this bank been reopened?
If so give:
Date of reopening
Name under which reopened
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
* Condition items should be as of date of suspension, if possible, otherwise as of the last call or examination prior to suspension.
*• Including certified and cashiers' checks, cash letters of credit and travellers' checks outstanding.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
8. Has this bank been taken over by another bank?
Name of bank by which taken over
Date taken over
yes
If so give:
First National Bank, Seymour, Texas.
February,2,1923
Loss to depositors on:
$
Secured claims
Amount of loss
None
Per cent of loss
to claims
None
Preferred claims
General claims
None
Total
9. Is this bank still in process of liquidation?
None
If so give payments to date:
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Secured
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
Total payments
Per cent of payments
to claims allowed
claims
Preferred claims..
General claims. .. .
Total claims. . ..
1
1/ 10. Has this bank been finally liquidated?
If so give:
Date liquidation was completed
Collections:
From liquidation of assets
From assessments on shareholders
Other collections (explain)
Total collections
Offsets to claims (loans paid, etc.)
Payments to depositors:
(Amounts in dollars)
•
Claims allowed
Secured
claims
Preferred claims.. .
General claims
Total claims. . ..
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
.
Dividends paid from
collections
Payments from
guaranty fund
11. Causes of suspension:
Check in the appropriate column those of the following which apply, either as primary or contributing
causes, amplifying the indicated causes with such supplementary data as may be available.
Primary
cause
Contributing
cause
Decline in real estate values
Losses due to unforeseen agricultural or industrial disasters such as floods,
drouth, boll weevil, etc
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
X
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify) Business not sufficient to justify
employment of competent management and operate at a
profit.
X
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?
If so, give dates and amounts of all assessments
Cannot determine if there were eirer arujeatiteasmatatA-.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
•
FEDERAL RESERVE COMMITTEE ON
BRANCH. GROUP AND CHAIN BANKING
BANK SUSPENSIONS SINCE JANUARY 1, 1921
Report on a separate schedule each bank closed to the public either temporarily or permanently
by supervisory authorities or by the bank's board of directors on account of financial difficulties. This
form should not be used for merged or consolidated banks but should be used for those banks suspended on account of financial difficulties, even though they are subsequently taken over by other
institutions. In case a bank has suspended more than once a schedule should be made out for each
suspension.
Type of bank reported—check
appropriate one of the following
EJ
National bank
O State bank
O Trust company
O Stock savings bank
• Mutual savings bank
O Private bank
•
1. Name of bank
Farmers State Bank
2. Date organized
9-5-14
3. Federal reserve district
Town or City
Date suspended 9-22-30
Twelfth
Almira
Population of town or city*
Lincoln
500
Member
Member or nonmember of F. R. System
4. Number of branches operated: In city of parent bank
Outside city of parent bank**
none
none
5. Was this bank a member of a chain or group? If so give the name of the chain or group
* Latest census figures or estimate as shown in bankers' directory.
** Attach a list giving the name and location of each outside branch at time of suspension.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
County
none
6. Condition figures, as of (date*)
9-20-30
Loans and discounts:
$
On real estate
2 850
112 223
Other
Total loans and discounts
115 073
Real estate acquired in satisfaction of debts
Investments
22 448
All other resources
19 773
157 294
Total resources
25 000
Capital
9 982
Surplus and undivided profits
Deposits:
3 007
Due to banks**
Demand deposits, including U. S. Govt. deposits
44 146
Time deposits, including postal savings
37 111
Total deposits
84 264
Borrowings from F. R. bank
36 226
Borrowings from other banks
1 822
All other liabilities
157 294
Total liabilities
7. I-Ias 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
Loss to depositors on:
Amount of loss
Per cent of loss
to claims
Secured claims
Preferred claims
General claims
Total
9. Is this bank still in process of liquidation?
yes
If so give payments to date: none
(Amounts in dollars)
Dividends paid from
collections
Claims allowed
Payments from
guaranty fund
Total payments
Per cent of payments
to claims allowed
_
Secured
Not prov d as yet.
claims
Preferred claims..
do
General claims. . ..
o
Total claims.
_
e
If so give:
h 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)
4!
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 Crop failure & mkt conditions
Insufficient diversification
Incompetent management, i.e., poor credit judgment, laxity in collections,
lack of enterprise, etc
Defalcation
Heavy withdrawals of deposits
Failure of affiliated institution (Name)
Failure of correspondent (Name)
Failure of large debtor (Name)
Other causes, (specify) Insufficient business two banks
in town
•
Did the slow, doubtful or worthless paper held by the bank represent largely one particular type of industry
or agriculture?
Yes
If so, state what industry or type of agriculture
Wheat
What was the approximate date of the beginning of the/difficulty which ultimately caused the suspenBank has been in weak position since incorporation, however managed
sion?•in fairly conservative manner, but economic conditions fur=d
iqui ation.
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
assessment 85% — $21,250 and 18% , t3 837.
1921
In 1923, 100%, $25,000.
Usual superadded liability assessment following suspension of 100%, $25,000.
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
http://fraser.stlouisfed.org
Federal Reserve Bank of St. Louis
