Farmers State Bank - Dalton, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: October 1, 1930*
Location: Dalton, Nebraska (41.407, -102.974)

Metadata

Model: gpt-5-mini
Short Digest: 43e5ee03

Response Measures

None

Description

Article lists Farmers State Bank of Dalton among failed banks paying dividends to depositors in October 1930. No mention of an earlier depositor run; indicates the bank had failed and depositors are being repaid (receiver/dividend). Cause of failure is not specified in the article.

Events (2)

1. October 1, 1930* Receivership

Newspaper Excerpt: DEPOSITORS REPAID ... With the payment of dividends of failed banks during October ... Farmers bank Dalton, ... percent, ... paid dividends to depositors settlefund ... under the new law passed the special legislative session. Dividends banks ... Farmers bank Dalton, ... percent, ... paid the full perdividend had paid.
Source: newspapers

2. * Suspension

Cause Details: Article only lists the bank among failed banks paying dividends; no reason for suspension/closure given.
Newspaper Excerpt: Farmers bank Dalton, ... percent
Source: newspapers

Newspaper Articles (1)

1. November 1, 1930 Lincoln Journal Star Lincoln, NE

Article from Lincoln Journal Star, November 1, 1930

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Article Text

DEPOSITORS REPAID Security Savings Bank Gets Final Payments Bring Total $7,000,000. With the payment of dividends of failed banks during October, the total to depositors since Jan. brought Secretary Bliss of the department and commerce, announced Friday. Among the payments October of percent dividend the defunct Savings Beatrice. With this the full perdividend had paid. the State of Johnstown were paid dividend of the depositors settlefund which set under the new law passed the special legislative session. Dividends banks Nebraska State bank Milford. percent, Dixon State percent, Farmers bank Dalton, Commercial Exchange bank of Doniphan, percent, Merchants bank, Utica, 10 percent, Marion State Marion, Citizens State Ravenna, percent, Dodge State bank, Dodge, 10 percent, Breslau State Breslau, percent, Brownlee State bank Brownlee, percent, percent, Nemaha percent, Loup City State Loup City, perbank, Beemer. percent,