Farmers State Bank - Oriska, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 27, 1932
Location: Oriska, North Dakota (46.931, -97.789)

Metadata

Model: gpt-5-mini
Short Digest: da064c6d

Response Measures

None

Description

Article (Jan 27, 1932) states the closed Farmers State Bank of Oriska and mentions L. R. Baird as receiver paying a 10% dividend. No mention of a depositor run; bank is closed and in receivership, so classified as suspension leading to closure/receivership.

Events (3)

1. January 27, 1932 Other

Newspaper Excerpt: A dividend of 10 per cent is being paid to the depositors of the closed Farmers State Bank of Oriska, according to L. R. Baird receiver.
Source: newspapers

2. January 27, 1932 Receivership

Newspaper Excerpt: A dividend of 10 per cent is being paid to the depositors of the closed Farmers State Bank of Oriska, according to L. R. Baird receiver.
Source: newspapers

3. January 27, 1932 Suspension

Cause: Government Action
Cause Details: Bank closed and placed in receivership (receiver L. R. Baird is administering and paying dividends).
Newspaper Excerpt: A dividend of 10 per cent is being paid to the depositors of the closed Farmers State Bank of Oriska, according to L. R. Baird receiver.
Source: newspapers

Newspaper Articles (1)

1. January 27, 1932 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, January 27, 1932

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Article Text

Oriska Depositors Receive Dividend A dividend of 10 per cent is being paid to the depositors of the closed Farmers State Bank of Oriska, according to L. R. Baird receiver. Payment is being paid through the office of O. L. Engen, district manager at Fargo.