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3UHE3 itiPOBT^D CLOSED tf&SK. EKDSD DSC&SSR 12, 1950 fcember 'banks indicated, by an asterisk (*). Date Surplus Total Name of Bank City State closed Capital & profits deposits District No* 1 C i t i z e n s Battle & Trust Co.,New HaVen Conn. Dec. 9 140,000 46,000 1 ,412,000 District No. 2 orsemere Trust Cot, Palisades Park, juorsemere N. Ji Dec. 6 100,000 29,000 377,000 •Bank of United States New York Hi Y. it 11 25250,000 17,024,000 211,800,000 District Ho. 3 •Farmers & larch ants National Bank Tyrone Penna .Dec. 12 150,000 155,000 553,000 District No. & Bank of Robeson Laxton i;. c. Dec. 6 50,000 16,000 40,000 Farmers & Ifierchants Bank ; Stanley tt it 6 30,000 15,000 173,000 and branch at Denver, N. C. Bank of Peedee Rockingham If. c. Dec. 6 100,000 151,000 709,000 • F i r s t N a t i o n a l .Bank Ayden ft ?? 10 75,000 6,000 354,000 •National Bank of Greenville »t It 10 100,000 51,000 818,000 Peoples Savings Bank Clio 3, 0. ft 10 30,000 33,000 658,000 Chesapeake Bank Baltimore i a . tt 9 50,000 346,000 900,000 Bedford County Bank ontvale Va. it £ 20,000 22,000 269,000 Bank of Mobgood ilobgood Ke C. tt 6 10,000 1,000 77,000 Bank of Lilesville Lilesville tt XI 8 25,000 13,000 113,000 Citizens Bank Faraville ft tt 8 50,000 25,000 300,000 *Farmers National Bank Laurens s# c. ft 10 50,000 4,000 115,000 Fanners-Atlantic Bank ahoskie N • 0. Nov. 29 70,000 15,000 1 ,029,000 and branch at Askewville, j\ r . C. Bank of Bfland Bfland N. 0. o < 12 10,000 7,000 90,000 Citizens Bank Franklin ti it 28 15,000 7,000 125,000 Planters & Merchants Bk JSveretts if Dec. 12 15,000 14,000 231,000 District No. 6 Houston County Bank & Trust Co. lirin Tenn. Dec. 5 10,000 2,000 120,000 Bank of Chapel Hill Chapel Hill it 5 20,000 7,000 122,000 Bank of Barwick Barwick Ga. »? 6 15,000 8,000 120,000 Southern Bk & Tr. Co. Pearson * ft 6 15,000 1,000 42,000 Bank of Algood good Tenn. It 11 15,000 1,000 64,000 District No. 7 •First national Bank Sioux City Iox/a Dec. 6 1,000,000 63,000 7, ,795,000 *Sioux National Bank 1 1 tt ft 6 400,000 108,000 3, ,802,000 Farmers & Merchants Bk Winchester Ind. tt 8 50,000 40,000 609,000 Bailey State Bank Correctionville Iowa Tt 8 50,000 6,000 300,000 Leeds Bank Sioux City it ft 10 10,000 3,000 175,000 Turin Savings Bank Turin tt ft 10 25,000 «•» 187,000 Murray State Bank I'urray ft 1 10 50,000 11,000 566,000 iVartinsvilie State Bk I jar t i n s v i l i e 111. »t 10 50,000 15,000 375,000 X r 3962 ,„ zl 6: 5 6 COHFIDiiifPLiL Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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Page 1: frsbog_mim_v33_0056.pdf

3UHE3 itiPOBT^D CLOSED tf&SK. EKDSD DSC&SSR 12, 1950

fcember 'banks indicated, by an a s t e r i s k (* ) . Date Surplus Total

Name of Bank City Sta te closed Capi ta l & p r o f i t s deposi ts

D i s t r i c t No* 1 Ci t izens Battle & Trus t Co.,New HaVen Conn. Dec. 9 1 4 0 , 0 0 0 4 6 , 0 0 0 1 , 4 1 2 , 0 0 0

D i s t r i c t No. 2 orsemere Trust Cot,

Pal isades Park, juorsemere N. J i Dec. 6 1 0 0 , 0 0 0 2 9 , 0 0 0 3 7 7 , 0 0 0

•Bank of United S t a t e s New York Hi Y. it 1 1 2 5 2 5 0 , 0 0 0 1 7 , 0 2 4 , 0 0 0 2 1 1 , 8 0 0 , 0 0 0

D i s t r i c t Ho. 3 •Farmers & l a rch an t s

National Bank Tyrone Penna .Dec. 1 2 1 5 0 , 0 0 0 1 5 5 , 0 0 0 5 5 3 , 0 0 0

D i s t r i c t No. & Bank of Robeson Laxton i ; . c . Dec. 6 5 0 , 0 0 0 1 6 , 0 0 0 4 0 , 0 0 0

Farmers & Ifierchants Bank ;Stanley tt it 6 3 0 , 0 0 0 1 5 , 0 0 0 1 7 3 , 0 0 0

and branch a t Denver, N. C. Bank of Peedee Rockingham If. c . Dec. 6 1 0 0 , 0 0 0 1 5 1 , 0 0 0 7 0 9 , 0 0 0

• F i r s t National .Bank Ayden f t ?? 1 0 7 5 , 0 0 0 6 , 0 0 0 3 5 4 , 0 0 0

•National Bank of Greenvil le »t It 1 0 1 0 0 , 0 0 0 5 1 , 0 0 0 8 1 8 , 0 0 0

Peoples Savings Bank Clio 3 , 0 . ft 1 0 3 0 , 0 0 0 3 3 , 0 0 0 6 5 8 , 0 0 0

Chesapeake Bank Baltimore i a . tt 9 50,000 346,000 900,000 Bedford County Bank ontvale Va. it £ 20,000 22,000 2 6 9 , 0 0 0

Bank of Mobgood ilobgood Ke C. tt 6 1 0 , 0 0 0 1 , 0 0 0 77,000 Bank of L i l e s v i l l e L i l e s v i l l e tt XI 8 25,000 1 3 , 0 0 0 1 1 3 , 0 0 0 Cit izens Bank F a r a v i l l e ft tt 8 50,000 2 5 , 0 0 0 300,000

*Farmers National Bank Laurens s # c . ft 1 0 50,000 4 , 0 0 0 1 1 5 , 0 0 0 Fanners-Atlant ic Bank ahoskie N • 0. Nov. 29 70,000 15,000 1 ,029,000

and branch at Askewville, j\r. C. Bank of Bfland Bfland N. 0. o < 1 2 1 0 , 0 0 0 7 , 0 0 0 90,000 Cit izens Bank Frankl in ti it 2 8 1 5 , 0 0 0 7,000 125,000 Planters & Merchants Bk JSveretts if Dec. 1 2 1 5 , 0 0 0 14,000 231,000

D i s t r i c t No. 6 Houston County Bank

& Trust Co. l i r in Tenn. Dec. 5 1 0 , 0 0 0 2 , 0 0 0 1 2 0 , 0 0 0 Bank of Chapel Hi l l Chapel H i l l it 5 2 0 , 0 0 0 7 , 0 0 0 1 2 2 , 0 0 0 Bank of Barwick Barwick Ga. »?

6 1 5 , 0 0 0 8,000 1 2 0 , 0 0 0 Southern Bk & Tr . Co. Pearson * ft 6 1 5 , 0 0 0 1 , 0 0 0 42,000 Bank of Algood good Tenn. It 1 1 1 5 , 0 0 0 1 , 0 0 0 64,000

D i s t r i c t No. 7 •F i r s t nat ional Bank Sioux City Iox/a Dec. 6 1 , 0 0 0 , 0 0 0 6 3 , 0 0 0 7 , , 7 9 5 , 0 0 0 *Sioux National Bank 1 1 tt ft 6 400,000 1 0 8 , 0 0 0 3 , , 8 0 2 , 0 0 0 Farmers & Merchants Bk Winchester Ind. tt 8 5 0 , 0 0 0 4 0 , 0 0 0 609,000 Bailey State Bank Cor rec t ionv i l l e Iowa Tt 8 50,000 6,000 3 0 0 , 0 0 0 Leeds Bank Sioux City i t ft 10 10,000 3,000 175,000 Turin Savings Bank Turin tt ft 1 0 25,000 «•» — 187,000 Murray State Bank I'urray ft 1 10 50,000 11,000 566,000 iVart insvi l ie S t a t e Bk I jar t ins vi l i e 111. »t 10 50,000 15,000 375,000

Xr3962 , „ z l 6: 5 6

COHFIDiiifPLiL

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luenbera ind ica ted "by an a s t e r i s k (*) • i/eek ended Dec. 12, 1930 ( c o n t ' d ) . Dc.be Surplus Total

Nacre of Bank Git;/ 3 bate closed Capital & pr of i t s deposi ts

D i s t r i c t Ho. 7 (continued) Simmons & Co., Bankers Osceola Iowa Dec. 1 0 1 0 0 , 0 0 0 . 3 4 , 0 0 0 1 , : J C C , 0 0 0

Sutherland S ta t e Bank Sutherland :t It 1 1 4 0 , 0 0 0 5 6 , 0 0 0 5 2 5 , 0 0 0

El l s ton Savings Bank E l l s t on ft tt 1 2 1 0 , 0 0 0 7 , 0 0 0 1 1 7 , 0 0 0

R i n ^ o l d County Savings Bank Kel le r ton it tt 1 2 2 5 , 0 0 0 1 , 0 0 0 8 1 , 0 0 0

Exchange Bank Liarcus it It 1 2 (Figures not ava i l ab l e )

D i s t r i c t No. 8 Peoples Exchange Bank Joneshoro J..0 • Dec. 6 1 0 , 0 0 0 4 , 0 0 0 1 0 0 , 0 0 0

•P lan ters National Bank Walnut Ridge Ark. Nov. 8 2 5 , 0 0 0 5 , 0 0 0 1 4 2 , 0 0 0

Drew County Bk & Tr .Co. l-onbicello ft Dec. 8 1 0 0 , 0 0 0 5 8 , 0 0 0 4 7 8 , 0 0 0

Bank of Centerton Centerton ft ft 8 1 3 , 0 0 0 4 , 0 0 0 5 9 , 0 0 0

1 erch&nbs S ta te Bank Cen t ra l i a 1 1 1 . ft 6 1 0 0 , 0 0 0 6 6 , 0 0 0 1 , 1 7 4 , 0 0 0

*Benton County Mat .Bank Bentonvil le ^.rk. tt 6 5 0 , 0 0 0 4 2 , 0 0 0 6 7 5 , 0 0 0

Fi r s t S ta t e Bank •t ft ft 9 1 0 , 0 0 0 2 , 0 0 0 2 0 0 , 0 0 0

F i r s t S t a t e Bank Bonanza ft ft 9 5 , 0 0 0 1 , 0 0 0 5 2 , 0 0 0

Sturgeon Bank Sturgeon lo. ?t 9 2 0 , 0 0 0 5 , 0 0 0 2 7 7 , 0 0 0

Bank of Hickory F l a t Hickory F l a t ft ft 9 1 0 , 0 0 0 6 , 0 0 0 1 0 5 , 0 0 0

Arlington Bk 6 Tr . Co. Arl ington Tenn. ft 1 1 1 0 , 0 0 0 1 2 , 0 0 0 1 1 3 , 0 0 0

Y/ilmot Bank vilmot Ar k . tt 1 1 1 5 , 0 0 0 8 , 0 0 0 5 1 2 , 0 0 0

Farmers Bank of BelIf lower Liege Ko. Dec, 1 2 1 5 , 0 0 0 2 , 0 0 0 4 2 , 0 0 0

D i s t r i c t No. 9 "•First National Bank 321k Point O e D o J e * Dec. 5 2 5 , 0 0 0 1 1 , 0 0 0 2 5 5 , 0 0 0

• F i r s t National Bank Valhal la IM • Dtik • ft 5 2 5 , 0 0 0 5 , 0 0 0 1 6 0 , 0 0 0

Bank of Alexander Alexander ft tt it 6 1 5 , 0 0 0 2 , 0 0 0 9 0 , 0 0 0

Janes River Bank Frankfort 8.Dak. ft 8 5 0 , 0 0 0 9 , 0 0 0 1 8 3 , 0 0 0

Dakota S ta te Bank Madison ft ft it 8 5 0 , 0 0 0 1 7 , 0 0 0 5 3 5 , 0 0 0 Bank of Heckling Ivieckling it tt Tt 9 2 5 , 0 0 0 8 , 0 0 0 1 2 3 , 0 0 0

•Brown County Bkg Co. Groton ft tt ft 1 1 2 5 , 0 0 0 1 0 , 0 0 0 4 0 5 , 0 0 0

Secur i ty S ta te Bank Gayville ft tt ft 1 1 2 5 , 0 0 0 5 4 , 0 0 0 4 2 5 , 0 0 0

•American National Bank Redfie ld ft Tt U 1 2 4 0 , 0 0 0 2 4 , 0 0 0 6 1 5 , 0 0 0

Cit izens S ta te Bank l:o bridge !t W ft 1 2 5 0 , 0 0 0 10,000 1 7 5 , 0 0 0

Cit izens S ta te Bank Colzoan ft ft It 12 15,000 15,000 250,000

D i s t r i c t No. 10 •F i r s t National Bank i'faper Nebr. Dec, 5 25,000 6 , 0 0 0 6 8 , 0 0 0

Farmers State Bank I. a r s h a l l OkX& • rt 8 4 0 , 0 0 0 6 , 0 0 0 4 6 7 , 0 0 0

Farmers Bank Amity i .O • tt 8 10,000 1 9 , 0 0 0 5 5 , 0 0 0 Bank of Ho l l i s t e r Ho l l i s t e r Okla. tt 11 50,000 42,000 7 0 0 , 0 0 0

D i s t r i s t No. 11 Ci t izens Bank L i l fo rd Texas Dec. 6 10,000 8 , 0 0 0 1 3 0 , 0 0 0

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

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Hem "hers indica ted toy an a s t e r i s k ( * ) . Jeek ended Dec. 12, 1930 ( c o n t ' d ) . Date Surplus Total

Name of Bank Git;/ State closed Capital 6 p r o f i t s deposi ts

D i s t r i c t No. 12

Bank of Hollywood Los Angeles C a l i f . Deo. 0 325,000 22,000 3,305,000 Dixie Stockbrokers Bk tit.George Utah " 11 25,000 8,000 111,000

Date Closed Banks Reopened; opened

D i s t r i c t Hot 7 Lan i l l a Bank i a n i l l a Ind* Nov. 10 20,000 11,000

(reorganized and opened as the Ci t izens Bank, 1 'ani l la , I n d . , on Dec. 4, 1930)

D i s t r i c t Mo. 8 Peoples Bank IVcftae Ark. Nov. 19 10,000 5,000 Dec. 6 Bradley County Bank Hermitage tt !T la 20,000 20,000 ft 6 Farmers Bank Hardy ft Dec. 2 7,000 2,000 ft 8 Bank of Strawberry Strawberry tf Uov. 20 10,000 3,000 ft 9 Crawford County S ta t e

Bank English Ind. ilov. 22 25,000 9,000 tt 9 Hampton Sta te Bank Hampton Ark. » 19 25,000 9,000

(reorganized and opened as the Peoples Home Bank on Dec. 10, 1930) Grant County Bank Sheridan a r k . Nov. 18 35,000 10,000 ?t 11 Home Bank Bla i r Wis. Kay 27 50,000 32,000 ft 10 Jackson Township Bank Corydon June . Ind. IJov. 24 15,000 1,000 tt 10 Peoples Bk & T r . Co. i o r r i l t o n Ark. tt 18 60,000 24,000 ft 12

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