Farmers State Bank - Wilcox, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 7, 1931
Location: Wilcox, Missouri (40.399, -94.967)

Metadata

Model: gpt-5-mini
Short Digest: 9ed54363

Response Measures

None

Description

Article (Burlington Junction Post, 1931-01-08) reports the bank failed to open and a notice said board closed it to liquidate and discontinue business — explicitly voluntary, not failure. No run is mentioned.

Events (1)

1. January 7, 1931 Suspension

Cause: Voluntary Liquidation
Cause Details: Board of directors closed bank to liquidate and discontinue business; official statement said not a failure.
Newspaper Excerpt: The Farmers State Bank at Wilcox failed to open for business yesterday and notice on the door informed public that had been closed by board of directors. The stated that the closing was for the of liquidating and discontinbusiness, and not matter of failure of the institution.
Source: newspapers

Newspaper Articles (1)

1. January 8, 1931 Burlington Junction Post Burlington Junction, MO

Article from Burlington Junction Post, January 8, 1931

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Article Text

FARMERS BANK AT WILCOX CLOSES DOORS YESTERDAY The Farmers State Bank at Wilcox failed to open for business yesterday and notice on the door informed public that had been closed by board of directors. The stated that the closing was for the of liquidating and discontinbusiness, and not matter of failure of the institution. Shell president of the bank and Clifford Lynch was eashier. According the official statement published in The Post two weeks ago the bank had total assets of $26,079.65. Deposits amounted to and loans were $13,674.00. The bank capitalized $10,000 and surplus fund of $3,000.