First National Bank - St Joseph, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 4939
Charter Number: 4939
Start Date: July 1, 1931*
Location: St Joseph, Missouri (39.769, -94.847)

Metadata

Model: gpt-5-mini
Short Digest: 1b56e6f4

Response Measures

None

Description

Article describes the First National Bank of St. Joseph as defunct and closed in July 1931 with a receiver seeking assessments and repaying depositors ~60%. No run is described; a receiver is in place and the bank remains closed.

Events (2)

1. July 1, 1931* Suspension

Cause Details: Bank closed in July 1931 and became defunct; specific trigger not described in article.
Newspaper Excerpt: bank closed on July 1931, It had deposits of approximately $400,000.
Source: newspapers

2. * Receivership

Newspaper Excerpt: Suits to assess 100 per cent on share of capital stock in the each defunct First National Bank... the receiver seeks to collect the $100 per share plus interest... receiver still possesses the good assets. ...the receiver has been unable to obtain service on the federal building.
Source: newspapers

Newspaper Articles (1)

1. August 23, 1934 The Chillicothe Constitution-Tribune Chillicothe, MO

Article from The Chillicothe Constitution-Tribune, August 23, 1934

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Article Text

ASSESSMENT Stockholders of the Defunct First National Bank of fendants In Suit. INTEREST IS ALSO DEMANDED When Bank Closed July 1931 Had Deposits of Suits to assess 100 per cent on share of capital stock in the each defunct First National Bank of were filed in federal court today by the St. Joseph Newssays Press The three filed today. of the bank's against shares of stock and amounted to Above the full assessof share, the receiver ment $100 per collect the that seeks to has accrued on each. bank closed on July When the 1931, It had deposits. of approdSince then it has mately $400,000. repaid 60 per cent to depositors. able to collect the $100,000 on stock plus interest. the the capital able to pay out in bank be may today, full, receiver still possesses the good assets. many the bank was closed At the time moves to depositors made many but failed effect president, is now Joseph Citizens State Bank president of the the three 10 the him for The against gation is being Mary her 125 for against sued Colby sued share while shares. against for been prepared by have Robert M. receiver marshal. has United States deputy obtain service on been unable stated at the the federal building. in been by cuit