First National Bank (Jenkins, KY)

Episode Information

Episode UID
1006201594
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
100620 national
Charter Number
10062
Start Date
October 1, 1932*
Location
Jenkins, Kentucky (37.173, -82.631)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
f0e37f3ad505286a

Response Measures

None

Receivership Details

Depositor recovery rate
80.3%
Date receivership started
1932-07-12
Date receivership terminated
1937-12-22
Share of assets assessed as good
10.4%
Share of assets assessed as doubtful
80.1%
Share of assets assessed as worthless
9.5%

Events (3)

1. August 4, 1911 Chartered
Source
historical_nic
2. July 12, 1932 Receivership
Source
historical_nic
3. October 1, 1932* Receivership
Newspaper Excerpt
First National Bank Jenkins (receiver) $20,350 / First National Bank of Jenkins (receiver) $7,500
Source
newspapers

Newspaper Articles (2)

Article from Messenger-Inquirer, November 28, 1932

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Article Text

OCTOBER LOANS VESPER MUSICAL SERVICE IS HELD Congress Notified of Sums Authorized Financial Institutions and Agencies. Washington, Nov. 28. Reconstruction corporation today notified congress had authorized loans of in October This included $24,000.000 subscribed to the Regional Agricult ural credit corporations: to financial institutions: $22,634. 762 for relief; and for projects. The authorized loans to financial institutions were divided as follows: Banks and trust companies. $21,448 494, building and loan associations Insurance companies, $1,209,000: mortgage loan companies $4,392,500; joint stock land banks, agricultural credit corporations. $1,272,978; livestock credit cor. porations, $477,105; railroads $2,- Loan authorized last month. exclusive of withdrawn cancelled from to November 15, included: Banks Trust companies: Kentuck: Campbellsburg, United Loan & Deposit bank $6,500: Carrollton, Carrollton National Bank, tional bank, of Glasgow (receiver) $71,000; Harlan, First State bank, $200,000; Harrodsburg State Bank & Trust $15,532; Henderson, Ohio Valley Banking & Trust $306,000; Hindman, Bank of Hindman, Jenkins, First tional Bank of Jenkins (receiver) $7,500 Louisa, the Louisa National Morganfield National bank, $34.000: Paintsville, Paintsville National bank. First National bank. Shel byville, Shelby County Trust Banking Co., $27,000 Suiphur, The First National Bank of WhitesFirst American Bank Wilmore. $7,500; Worthwhile Northville Deposit bank, $3,000. Attractive Program Given At First Presbyterian; Offerings For Needy. An attractive vesper musical at the First PresSunday afternoon and attended by large num. music The program included fine organ compositions by Miss Olivia Stuart, solos, 'Abide With Me by Liddle, Miss Mary Elizabeth Milton: O Lord Be Merciful," Bartlett, Mrs. Martha Graham Hill, and Publican," Van de Water sung by Daryl D. Bogard, duet by Mrs. Hill and Miss Milton, "Lift Up Your by the choir and harvest by the congregation. The pastor, Rev. Wm M. Swartzwalder, delivered brief sermon the Worship of God.' tracing its history and inspirational value feature of the service was the offering made for the needy Gifts of groceries. vegetables fruit and canned goods had been brought previously and placed around the altar to be distributed later


Article from The Advocate-Messenger, November 29, 1932

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Article Text

KENTUCKY BANKS Lcans Institutions In October Announced. WASHINGTON, D. C., Nov. 29. (INS) Twenty-one Kentucky banks were granted or authorized to borrow loans from the Reconstruction Finance Corporation during October, their report shows They were: Campbellsville, United Loan and Deposit Bank, $6,500. Carrollton, National Bank, $20, 000. Glasgow, First National Bank (receiver), $71,000 authorized. Harlan, First State Bank, $200,000 authorized. Harrodsburg, State Bank and Trust Co., $15,532. Henderson, Ohio Valley Banking and Trust Co., $306,000. Hindman, Bank of Hindman, $13.500. First National Bank Jenkins, (receiver), $20,350. Jonesville, Deposit Bank, $12, 500. Lewisport, Bank of Lewisport, $7,500. Louisa, National Bank, $25,000. Lynch, National Bank, $20,000. National Bank, Morganfield, $34,000. Paintsville, National Bank, $63,500. authorized. Princeton, First National Bank, $60,000. Shelby County Trust & Banking Co., Sulphur, Peoples Bank, $4,000. Verona, Bank, $18,000. Whitesburg, First National Bank (receiver) $71,500. Wilmore, First American Bank, $7,500. Northville, Deposit Bank, $3,000.