Click here to load reader

1931 REPORT OF THE COMPTROLLER OF THE CURRENCY 303 · PDF file 2018. 11. 7. · REPORT OF THE COMPTROLLER OF THE CURRENCY 303 TABLB NO. 44. National banks restored to solvency after

  • View
    1

  • Download
    0

Embed Size (px)

Text of 1931 REPORT OF THE COMPTROLLER OF THE CURRENCY 303 · PDF file 2018. 11. 7. ·...

National Banks Restored to Solvency which Subsequently became InsolventREPORT OF THE COMPTROLLER OF THE CURRENCY 303
TABLB NO. 44.—National banks restored to solvency after having been placed in charge of receivers—Continued.
1408 1499 5504
Receiver appointed
Capital stock
First National Bank, Green Forest, Ark \ Jan. 21, J931 ! $25,000 First .National Bank, Holly Grove, Ark __l Jan. 22, 1931 | 25, 000 First National Bank, .Dardanelle, Ark : Jan. 26,1931 ! 25,000
Total, 84 bants I : 13,555,000
TABLE N O . 44A.—National banks restored to solvency which subsequently became insolvent
271 291 304 38G 575 (if 11 730 840 876
1048 1110 1310 1317 1442 H40
Title and local ion of bank Receiver appointed
Citizens National Bank, Spokane Falls, Wash.; First National Bank, Port Angeles, Wash.1 - First National Bank, Orlando, FLaA. First National Bank, Arkansas City, Kans.1-..^ Ben Hill National Bank, Fitzgerald, Ga.i * First National Bank, Lawion, Okla.1 First National Bank, Poplar, Mont* State National Bank, Carlsbad, N. Mex.i First National Bank", Mohall, N". Dak.' First National Bank, Ackerman, Miss.1-.. Farmers & Merchants National Bank, Mount Morris, Pa.1. Farmers National Bank, lied Oak, Iowa l
First National Bank, Tower City, N. Dak.> First National Bank, Walhalla, NT. Dak.i First National Bank, Sioux City, Iowa J
Farmers National Bank, Laurec?, S. (V
Doc. Apr. Nov. Oct. Mar. Nov. Dec Aug. Jan. Nov. Feb. Oct. Dec. Dec. Dec. Dec.
13, 1894 26,1895 29, 1895 19. 1899 6, 1910
18. 1922 17, 1923 25, 1924 22. 1925 12, 192T) 21, 1927 14,1929 10. 192<J 5,1930 8,1930
Hi, 1930
Capital stock
$150,000 50,000 85,000 100,000 50,000 200,000 25,000 75,000 25,000 25,000 25,000 <)0, 000 25,000 2.-), 000
1,000,000 50, 000
1. 970, 000
1 Second failure. ! Formerly "Third National Bank."
TABLE NO. 45.—Dividends paid to creditors of insolvent national banks during the year ended October 81, 1981
Name and location of bank
j Div idends paid dur ing
Da te of ap- | po in tment of j — - ••
receiver j
creditors
First National Bank, Aborcrombie, N. Dak Still water Valley National Bank, Abs&rokoe, Mont Peoples National Bank, Adena, Ohio New Georgia National Bank, Albany, Ga.. _ Citizens National Bank, Albert Lea, Minn First National Bank, Aledo, 111 First National Bank, Alexandria, Minn First National Bank, Algona, Iowa - Second National Bank, Altoona, Pa First National Bank, Altus, Okla . | First National Bank, Ambrose, N. Dak | Anamoose National Bank, Anamoose, N. Dak .. .1 First National Bank, Aneta, N. Dak - - - ! Anoka National Bank, Anofca, M inn . . - - - | First National Bank, Arcadia, Ind _ -, First National Bank, Argyle, Minn_ - J First National Bank, Armstrong, Iowju,. - . - !
American National Bank, A-shevillo, N. C j First National Bank, Ash ton, Idaho - - - - -; Astoria National Bank, Astoria, Greg.. _ ; Georgia National Bank, Athens, Ga j American National Bank, Atoka, Okla i First National Bank, Atwatcr, Minn :: First National Bank, Auburn, Wash !
First Xat ional Bank, Anbumdale, Fla - - . !
First National Bank, Augusta, ill .._ J
June Jan. Apr. Jan. Feb. Sept. Jan. Nov. Apr. Sept. Feb. Sept. June Jan. July Jan. Nov. Nov. Mar. Feb. Apr. Nov. Feb. Oct. May Dec.
30, 1925 30, 1922 13, 1929 4.1928
18. 1927 27,1928 8,1925
24, 1924 16,1931 26, 1930 20,1930 18, 192(5 3; 1929
27, 1931 3, 1928
18,1927 17, 1926 21, 1930 10, 1928 24, 1928 17, 1925
1,1926 14, 1925 28, 1D30 Jo. Itf2<) 23, IU30
1 Deduction by reason of dividend previously reported as paid bin now canceled.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1931
274 REPOKT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 44.—National banks restored to solvency after having been placed in charge of receivers
111 163 200 203 208 209 215 220 223 224 232 233 242 300 318 343 374 401 403 416 417 418 473 498 507 629 639 644 560 553 555 556 561 662 566 572 584 595 604 608 609 622 627 631 636 637 639 641 647 690 705 712 730 750 786 790 792 793 826 828 900 940 953 956
1056 1086 1118 1143 1163 1233 1271 1301 1311 1315 1377 1378 1408 1464 1482 1483 1485
Title and location of bank
Abington National Bank, Aldington, Mass Farley National Bank, Montgomery, Ala First National Bank, Arkansas City, Kans City National Bank, Brown wood, Tex Citizens National Bank, Spokane Falls, Wash First National Bank, Philips burg, Mont _. Bozeman National Bank, Bozeman, Mont Montana National Bank, Helena, Mont First National Bank, Great Falls, Mont First National Bank, Kankakee, HI First National Bank, Orlando, Fla_ _ Citizens National Bank, Miincie, Ind First National Bank, Port; Angeles, Wash State National Bank, Denver, Colo American National Bank, Denver, Colo First National Bank, Sioux City, Iowa Hampshire County National Bank, Northampton, Mass Seventh National Bank, New York, N. Y First National Bank, Austin, Tex BOliver National Bank, Boliver, Pa Federal National Bank, Pittsburgh, Pa First National Bank, Allegheny, Pa First National Bank, Brooklyn, N. Y Union National Bank, Sommerville, Pa First National Bank, Burnside, Ky First-Second National Bank, Pittsburgh, Pa Marion National Bank, Marion, Kans First National Bank, Gallatin, Tenn American National Bank, Pensacola, Fla First National Bank,, Islip, N. Y Farmers & Merchants National Bank, Mount Morris, Pa Union National Bank, Providence, Ky First National Bank, Perry, Ark Third National Bank, Fitzgerald, Ga Wharton National Bank, Wharton, Tex First National Bank, Casselton, N. Dak First National Bank, Daytona, Fla First National Bank, Killeen, Tex First National Bank, Streeter, N. Dak State National Bank, Carlsbad, N. Mex Nocona National Bank, Nocona, Tex First National Bank, Tombstone, Ariz First National Bank, Lafayette, Colo First National Bank, Poplar, Mont First National Bank,, Lawton, Okla National Bank of Hastings, Hastings, Okla First National Bank, Mohall, N. Dak First National Bank, Aekerman, Miss Merchants National Bank, Ada, Okla First National Bank, Watts, Calif First National Bank, Wetumka, Okla First National Bank, Tower City, N. Dak Milnor National Bank, Milnor, N. Dak First National Bank, Spanish Fork, Utah Citizens National Bank, Jamestown, N. Dak Citizens National Bank, Sisseton, S. Dak Farmers National Bank, Red Oak, Iowa Powell National Bank, Powell, Wyo First National Bank, Walhalla, N. Dak City National Bank, McAlester, Okla First National Bank, Volant, Pa First National Bank, Libby, Mont Farmers National Bank, Laurens, S. C First National Bank, Hardin, Mont First National Bank, Steele, N. Dak First National Bank, Granger, Tex First National Bank, Warsaw, N. C Stockmens National Bank, Nampa, Idaho First National Bank, Hawarden, Iowa First National Bank, Fort Branch, Ind National Bank of Ainsworth, Ainsworth, Nebr First National Bank, Winter Garden, Fla_. Taylorville National Bank, Taylorville, 111 _ First National Bank, Claxton, Ga Brotherhood of Railway Clerks National Bank, Cincinnati. Ohio First National Bank, Kimball, W. Va Hartford National Bank, Hartford, Kans First National Bank, Gastonia, N. C First National Bank in Harrison, Ark First National Bank, Ayden, N. C First National Bank, Eureka Springs, Ark
Receiver appointed
Aug. 3,1886 Oct. 7,1891 June 15,1893 June 20,1893 July 1,1893 July 8,1893 July 23,1893 Aug. 2,1893 Aug. 5,1893
do. Aug. 14,1893
do Oct. 5,1893 Aug. 24,1895 July 26,1896 Jan. 7,1897 May 23,1898 June 27,1901 Aug. 3,1901 Oct. 1,1903 Oct. 21,1903 Oct. 22,1903 Oct. 25,1907 Oct. 16,1908 Sept. 17,1909 July 7,1913 Jan. 12,1914 Mar. 25,1914 Sept. 2,1914 Dec. 30,1914 Feb. 4,1915 Feb. 12,1915 May 17,1915 June 3,1915 July 29,1915 Dec. 6,1915 Apr. 16,1917 Nov. 16,1920 Feb. 16,1921 Mar. 19,1921 Mar. 25,1921 Aug. 25,1921 Sept. 16,1921 Nov. 9,1921 Dec. 12,1921 Dec. 22,1921 Jan. 4,1922 Jan. 12,1922 Feb. 20,1922 June 20,1923 Oct. 2,1923 Nov. 7,1923 Nov. 28,1923 Jan. 28,1924 Mar. 21,1924 Mar. 24,1924 Mar. 27,1924
.do
June 23,1924 June 24,1924 Mar. 7,1925 Oct. 6,1925 Nov. 21,1925 Nov. 27,1925 Nov. 23,1926 Jan. 12,1927 Mar. 17,1927 May 27,1927 Sept. 15,1927 Oct. 6,1928 Feb. 27,1929 July 25,1929 Oct. 18,1929 Dec. 7,1929 June 26,1930
do Oct. 11,1930 Dec. 20,1930 Dec. 30,1930 Jan. 2,1931 Jan. 6,1931
Capital stock
$150,000 100,000 125,000 150,000 150,000 50,000 50, 000 500,000 250,000 50, 000 150,000 200,000 50,000 300,000 500,000 100,000 250,000 500,000 100,000 30,000
2,000,000 350,000 300,000 50,000 25,000
3,400,000 25,000 50,000 300,000 25,000 25,000 25,000 25, 000 50,000 30,000 50,000 50,000 50,000 25,000 75,000 50,000 25,000 25,000 25,000 200,000 25,000 25,000 25,000 100,000 50,000 40,000 50,000 30,000 25,000 50, 000 50,000 60,000 40,000 25,000 50,000 25,000 40,000 50,000 65,000 25,000 35,000 50,000 75,000 50,000 25,000 35, 000 50,000 150, 000 50,000 400,000 25,000 25,000 500, 00C 25,00C 75,00C 50.0CK
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1932
REPORT OF THE COMPTROLLER OF THE CURRENCY 323
TABLE NO. 44.—National banks restored to solvency after having been placed in charge of receivers—Continued
Re- ceiv- er-
Capital stock
1485 1498 1499 1504 1703 1706 1710 1713 1716 1719 1745 1751 1759 1768 1781 1791 1802 1816 1817 1829 1838 1852 1865 1894 1895 1903 1904 1905 1914 1920 1932 1941 1952 1953 1965 2006 2087
First National Bank, Eureka Springs, Ark First National Bank, Green Forest, Ark First National Bank, Holly Grove, Ark First National Bank, Dardanelle, Ark First National Bank, Richwood, W.Va First National Bank, Fleisehmanns, N.Y San Angelo National Bank, San Angelo, Tex Ashland National Bank, Ashland, Ky First National Bank, Newton, Iowa National Exchange Bank, Weston, W.Va First National Bank, Fennimore, Wis First National Bank & Trust Co.* Merchantville, N.J.. First National Bank, Terra Alta, W.Va First National Bank, Lake Village, Ark Traders National Bank, Buckhannon, W.Va First National Bank, Golconda, 111 Farmers & Miners National Bank, Bentleyville, Pa First National Bank, Luray, Va Citizens National Bank, New Lexington, Ohio First National Bank, Bay City, Mich First National Bank, Parkersburg, W.Va Painted Post National Bank, Painted Post, N.Y Curwensville National Bank, Curwensville, Pa Portland National Bank, Portland, Pa Peoples National Bank, Laurel, Del Home National Bank, Union City, Pa First National Bank, Ripley, W.Va Citizens National Bank, Harlan, Ky Central National Bank, Mount Union, Pa First National Bank, Henderson, N.C First National Bank, Bradley Beach, N J First National Bank, Danvers, 111 . First National Bank, Oconomowoc, Wis First National Bank, Abbeville, La First National Bank, Wilson, N . C . First National Bank, High Bridge, N J National Tradesmen's Bank & Trust Co., New Ha7iven, Conn.
Jan. 6,1931 Jan. 21,1931
6,1931 7,1931 8,1931 9,1931 16,1931 19,1931 20,1931 23.1931
Oct. 29,1931 Nov. 5,1931 Oct. 29,1931 Nov. 30,1931
do. Dec. 7,1931 Dec. 9,1931 Dec. 17,1931 Dec. 23,1931 Jan. 18,1932
do Jan. 19,1932
Jan. Feb. Feb. Feb. Feb. 11,1932 Mar. 30,1932 July 7,1932
$50,000 25, 000 25,000 25, 000 40, 000 25,000 300,000 800, 000 100,000 150, 000 50,000 100,000 25,000 50,000 50, 000 50, 000
100, 000 30, 000 75,000
400, 000 500,000 25,000 100, 000 50, 000 100, 000 50,000 70, 000
100, 000 60,000 200,000 50,000 25,000
100, 000 50,000
200, COO 50,000
To ta l (117 b a n k s ) . 18,130,000
TABLE NO. 45.—National banks restored to solvency which subsequently became insolvent
Receiver- ship no.
First fail- ure
208 242 232 200 562 636 631 608 639 641 555 792 712 826 343 953 1118 627 1713 790 1315 507 1504
Sec- ond fail- ure
Capital stock
271 291 304 386 575 661 736 840 876
1048 1110 1310 1317 1442 1446 1455 1851 2022 2133 2220 2309 2331 2393
Citizens National Bank, Spokane Falls, Wash.1
First National Bank, Port Angeles, Wash.i First National Bank, Orlando, Fla.1
First National Bank, Arkansas City, Kans.1
Ben Hill National Bank, Fitzgerald, Ga.1 2
First National Bank, Lawton, Okla.1
First National Bank, Poplar, Mont.i State National Bank, Carlsbad, N.Mex.1
First National Bank, Mohall, N.Dak.1
First National Bank, Ackerman, Miss.1
Farmers and Merchants National Bank, Mount Morris, Pa.1
Farmers National Bank, Red Oak, Iowa.1
First National Bank, Tower City, N.Dak.1
First National Bank, Walhalla, N.Dak.1
First National Bank, Sioux City, Iowa * Farmers National Bank, Laurens, S.C.1
First National Bank, Warsaw, N.C.i First National Bank, La Fayette, Colo.1
Ashland National Bank, Ashland, Ky.i.J Citizens Security National Bank, Sissoton, S.Dak.1
First National Bank, Claxton, Ga.1
First National Bank, Burnside, Ky.1
First National Bank, Dardanelle, Ark.1
Dec. Apr. Nov. Oct. Mar. Nov. Dec. Aug. Jan. Nov. Feb. Oct. Dec. Dec. Dec. Dec. Dec. May Sepfc. Jan. July Aug. Sept.
13.1894 26.1895 29,1895 19,1899 6,1916 18.1922 17.1923 25.1924 22.1925 12.1926 21.1927 14,1929 10.1929 5.1930 8', 1930 16.1930 17.1931 9.1932 22.1932 5.1933 11.1933 8,1933 19,1933
Total (23 banks).
$150,000 50, 000 85,000 100,000 50,000 200,000 25,000 75,000 25, 000 25,000 25,000 60,000 25,000 25,000
1,000,000 50,000 50,000 25,000
2,995,000
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1933
454 REPORT OF THE COMPTROLLER OF THE CURRENCY
TABLE NO. 48.—National banks restored to solvency which subsequently became insolvent
Receiver- ship no.
First fail- ure
208 242 232 200 562 636 631 608 639 641 555 792 712 826 343 953 1118 627 1713 790 1315 507 1504 1499 1311
Sec- ond fail- ure
Capital stock
271 291 304 386 575 661 736 840 876
1048 1110 1310 1317 1442 1446 1455 1851 2022 2133 2220 2309 2331 2393 2746 2773
Citizens National Bank, Spokane Falls, Wash.1 First National Bank, Port Angeles, Wash.i First National Bank, Orlando, Fla.i First National Bank, Arkansas City, Kans.1 Ben Hill National Bank, Fitzgerald, Ga.i2
First National Bank, Lawton, Okla.i First National Bank, Poplar, Mont.1 State National Bank, Carlsbad, N. Mex.i First National Bank, Mohall, N. Dak.i First National Bank, Ackerman, Miss.1 Farmers and Merchants National Bank, Mount Morris, Pa.1 Farmers National Bank, Red Oak, Iowai First National Bank, Tower City, N. Dak.1 First National Bank, Walhalla, N. Dak.i First National Bank, Sioux City, Iowa i Farmers National Bank, Laurens, S. C.1 First National Bank, Warsaw, N. C.1 First National Bank, La Fayette, Colo.1 Ashland National Bank, Ashland, Ky.i Citizens Security National Bank, Sisseton, S. Dak.1 First National Bank, Claxton, Ga.1 First National Bank, Burnside, Ky.1 First National Bank, Dardanelle, Ark.i First National Bank, Holly Grove, Ark.1 Taylorville National Bank, Taylorville, 111.1
Dec. Apr. Nov. Oct. Mar. Nov. Dec. Aug. Jan. Nov. Feb. Oct. Dec. Dec. Dec. Dec. Dec. May Sept. Jan. July Aug. Sept. Feb. Mar.
13.1894 26.1895 29,1895 19,1899 6,1916 18.1922 17.1923 25.1924 22.1925 12.1926 21.1927 14,1929 10.1929 5,1930 8,1930 16.1930 17.1931 9.1932 22.1932 5.1933 11.1933 8,1933 19.1933 27.1934 19,1934
Total (25 banks).
$150,000 50,000 85,000 100,000 50,000 200,000 25,000 75,000 25,000 25,000 25,000 60,000 25,000 25,000
1,000,000 50,000 50,000 25,000 800,000 50,000 50,000 25,000 25,000 25,000 150,000
3,170,000
1 Second failure. 2 Formerly Third National Bank.
TABLE NO. 49.—Dividends paid to creditors of insolvent national banks under the supervision of the Comptroller of the Currency, including distributions by con- servators as reported by receivers, during the year ended Oct. 31, 193'4*
Trust no.
1916 1186
1693 1676 2586
2234 2174 2202
Aberdeen, Wash Ackley, Iowa___ _ _ Adams, Minn Adams, Nebr Adrian, Mich
Adrian, Mo .-_ - Albany, Ga
__ _do_ . do
Alderson, W. Va Alexandria, S. Dak.. Alexandr ia Bay,
N. Y. Algonac, Mich Allen Okla Allen wood, Pa
Alliance, Nebr Almont, Mich Altoona, Pa Altus, Okla
Title
.do __..do National Bank of Com-
merce. National Bank of Adrian. New Georgia National
Bank. First National Bank Citizens National Bank. Albion National Bank... First National Bank National Bank of Albion. Citizens National Bank. Farmers and Merchants
National Bank. Alderson National Bank First National Bank in. _ First National Bank of
the Thousand Islands. First National Bank
do Allenwood National
Date receiver appointed
Dec. 11,1931 Aug. 10,1932 Aug. 8,1932 Sept. 12,1933 Dec. 5,1933
Jan. 21,1932 Jan. 4,1928
do Oct. 29,1931 Jan. 21,1932 May 17,1927
Sept. 28,1931 Sept. 11,1931 Dec. 7,1933
Jan. 17,1933 Nov. 14,1932 Dec. 22,1932
Nov. 3,1931 Oct. 9,1933 Apr. 16,1931 Sept. 26,1930
Dividends paid during the year
Amount
39,934.86 488, 612. 95
3 194. 00 68, 577. 88
112,991. 44 29, 549. 25
Percent
paid to creditors
39 45 7
« 76. 6666 75
45 35 33.5
50 25 88
Footnotes at end of table, p. 474.
Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis
1934