r so BANKS BEP0RT3D CLOSED WBBK ENDED APRIL 3, 1931 (For confidential use only - subject to correction) Ifealber tanks indicated by an asterisk (»). X-3962 Name of Bank Date Surplus Total Name of Bank City State closed Capital & profits deposits District No. & Pinetops Banking Co. Pinetops N. C. Apr , 3 50,000 59,000 308,000 with branch at Hookerton District No. 6 Abbeville State Bank Abbeville i.la * Mar.28 25,000 20,000 220,000 •Citisens Bk & Tr. Co. Jefferson Go,. " 30 95,000 20,000 51,000 Bank of Granville Granville Tenn. " 28 15,000 9,000 69,000 Bank of Green Back Green Back M n 21 25,000 11,000 162,000 Bank of Ooltewah Ooltewah Ml M 18 20,000 9,000 95,000 District No. 7 •First National Bank Rockwell Iowa Mar. 27 25,000 2,000 204,000 State Bank of Vforrensburg 111. " 28 25,000 13,000 142,000 Columbia State Svgs.Bk. Chicago it " 28 300,000 112,000 2,869,000 •Austin National Bank n t» n 30 250,000 195,000 3,535,000 •First National Bank Oak Park ii " 30 100,000 31,000 1,727,000 Mellott Bank Mellott Ind. " 30 10,000 9,000 75,000 First State Bank Kanliua 111. " 31 25,000 17,000 311,000 Ridgeway State Bank Chicago ft Apr. 1 200,000 44,000 934,000 Cicero Trust & Svgs.Bk. Cicero ti n 2 200,000 155,000 2,478,000 Hiteman Savings Bank Hiteman Iowa Ear.16 10,000 3,000 144,000 District No. 8 Deputy State Bank Deputy Ind. Mar.27 25,000 1,000 65,000 Baldwin State Bank Baldwin 111. " 30 25,000 6,000 108,000 Maben Home Bank Maben Miss. Jan.10 15,000 10,000 300,COO Bank of Stewart Stewart M " 5 10,000 5,000 76,00') District No. 10 Blanc a State Bank Blanoa Colo. liar. 31 , 10,000 4,000 78,000 District No. 11 First State Bank Sikes La. Nov.24 15,000 mm mm 26,000 Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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BANKS BEP0RT3D CLOSED WBBK ENDED APRIL 3 , 1931
(For c o n f i d e n t i a l use only - subject t o cor rec t ion)
Ifealber tanks ind ica ted by an a s t e r i s k (» ) .
X-3962
Name of Bank Date Surplus Total
Name of Bank City S ta t e closed Capi ta l & p r o f i t s deposi ts
D i s t r i c t No. & Pinetops Banking Co. Pinetops N. C. Apr , 3 50,000 59,000 308,000
wi th branch a t Hookerton
D i s t r i c t No. 6 Abbeville S t a t e Bank Abbeville i.la * Mar.28 25,000 20,000 220,000
•Ci t i sens Bk & Tr . Co. J e f f e r s o n Go,. " 30 95,000 20,000 51,000 Bank of Granvi l le Granvi l le Tenn. " 28 15,000 9,000 69,000 Bank of Green Back Green Back M n 21 25,000 11,000 162,000 Bank of Ooltewah Ooltewah Ml M 18 20,000 9,000 95,000
D i s t r i c t No. 7 • F i r s t National Bank Rockwell Iowa Mar. 27 25,000 2,000 204,000 S ta te Bank of Vforrensburg 111. " 28 25,000 13,000 142,000 Columbia S ta te Svgs.Bk. Chicago it " 28 300,000 112,000 2,869,000
•Austin National Bank n t» n 30 250,000 195,000 3,535,000 • F i r s t National Bank Oak Park i i " 30 100,000 31,000 1,727,000 Mellot t Bank Mellot t Ind. " 30 10,000 9,000 75,000 F i r s t S ta te Bank Kanliua 111. " 31 25,000 17,000 311,000 Ridgeway S t a t e Bank Chicago ft Apr. 1 200,000 44,000 934,000 Cicero Trust & Svgs.Bk. Cicero t i n 2 200,000 155,000 2,478,000 Hiteman Savings Bank Hiteman Iowa Ear.16 10,000 3,000 144,000
D i s t r i c t No. 8 Deputy S ta t e Bank Deputy Ind. Mar.27 25,000 1,000 65,000 Baldwin Sta te Bank Baldwin 111. " 30 25,000 6,000 108,000 Maben Home Bank Maben Miss. Jan.10 15,000 10,000 300,COO Bank of Stewart Stewart M " 5 10,000 5,000 76,00')
D i s t r i c t No. 10 Blanc a S ta te Bank Blanoa Colo. l iar . 31 , 10,000 4,000 78,000
D i s t r i c t No. 11 F i r s t S ta t e Bank Sikes La. Nov.24 15,000 mm mm 26,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
• > y - .
5 1
— 2 —
CLOSED BANKS REOPENED
X-3962
Member tjariks ind ica ted by an a s t e r i s k {*)
Nome of Bank Ci ty Date Surplus Date
S t a t e closed Capital & p r o f i t s opened
D i s t r i c t No. 6 S. Lemon Banking Co. Acworth
D i a t r i c t No. I
Oq.. 1 - 2-31 30,000 11,000 3-10-31
American Stat e Sank S t . Bernice Ind. 1-20-31 25,000 1,000 2—27—31 Farmers & Merchants
Savings Bank Highland Ind. 2 - 4-31 25,000 13,000 2-27-31 Cit izens S ta t e Bank C ar me 1 " 1-10-31 25,000 8,000 2-28-31 Calumet Ci ty S ta te Bk Calumet City 111. 2 - 2-31 50,000 18,000 4 - 1-31 Tobacco Exchange Bank Edgerton Wise. 5-20-30 20,000 78,000 3-30-31 Avil la Stat e Bank Avi l la Ind. 1-12-31 25,000 9,000 3 - 7-31
(reopened as t h e Community S t a t e Bank, new organizat ion)
D i s t r i c t No. —•*— . • F i r s t National Bank in Harrison Ark. 12-16-30 25,000 46,000 2—20—31
( res tored to solvency and so ld to a S ta t e banlc) Paol i S ta te Bank Paol i Ind. 11-24-30 40,000 12,000 3—26—31 (member at time of c lo s ing ; membership discontinued 1 - 5-31) Ci t izens S t a t e Bank Orleans Ind. 11-28-30 30,000 13,000 3—18—31 Farmers & Merchants
S ta te Bank Cyprus I l l . 12-19-30 25,000 5,000 3-24-31 Home Trust Co. P e r r y v i l l e Mo. 2-14-31 50,000 24,000 3-30-31
•S ta te Svgs. Loan & P e r r y v i l l e
Trust Co. Quincy I l l . 11-15-30 1,000,000 365,000 4 - 2-31 Bank of Orawford Crawford Hiss . 12- 5-30 10,000 7,000 1 - 5-31 Ci t izens Bank Sturg is >« 1-13-31 10,000 7,000 2-28-31 Ca r t e rv i l l e S t a t e &
Savings Bank C a r t e r v i l l e 111. 4-15-30 50,000 52,000 4— 2—3.1
D i s t r i c t No. 9 Ci t izens S t a t e Bank Kobridge S. Dak. 12-12-30 25,000 (reopened as Ci t izens Bank & Trust Co.) Merchants S ta te Bank "Freeman S. Dak. 12-19-30 Securi ty S ta te Bank Madison S. Dak, 12-19-30 (reopened as Secur i ty Batik & Trust Co#)
30,000 30,000
38,000
11,000 19,000
M a t r i c t No. 10 •Hartfdrd Natidnal Bank Har t ford Kans. 10* 3-30 25,000
( res tored t o solvency and sold t o a Sta te tank)
3 - 2-31
3 - 2-3] 3 - 2-91
8,000 2-25-31
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
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