First National Bank - Langdon, ND

Episode Information

Episode UID: 1305301608
Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 130530 national
Charter Number: 13053
Start Date: December 16, 1933
Location: Langdon, North Dakota (48.760, -98.368)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: f85d00072225c649

Response Measures

None

Receivership Details

Depositor recovery rate: 45.0%
Date receivership started: 1929-06-14
Date receivership terminated: 1935-10-29
OCC cause of failure: Economic conditions
Share of assets assessed as good: 38.1%
Share of assets assessed as doubtful: 58.1%
Share of assets assessed as worthless: 3.8%

Description

OCR errors in article; names and phrasing partially garbled.

Events (4)

1. March 28, 1927 Chartered

Source: historical_nic

2. June 14, 1929 Receivership

Source: historical_nic

3. December 16, 1933 Receivership

Newspaper Excerpt: Bank Receivers And Postmasters Named ... W Backes, Langdon, for the First bank ... names of five for three closed national banks ... were announced Friday by Perry ... Bank are ... for the First National bank at [Langdon].
Source: newspapers

4. December 16, 1933 Suspension

Cause: Government Action
Cause Details: Closed by authorities; receivers named for three closed national banks in North Dakota
Newspaper Excerpt: Names of five for three closed national banks in North Dakota were announced Friday ... W Backes, Langdon, for the First bank
Source: newspapers

Newspaper Articles (1)

1. December 16, 1933 The Fargo Forum, Daily Republican, and Moorhead Daily News Fargo, ND

Article from The Fargo Forum, Daily Republican, and Moorhead Daily News, December 16, 1933

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Article Text

Bank Receivers And Postmasters Named Names of five for three closed national banks in North Dakota were nounced Friday by Perry, tional committeeman and New postmasters Kenneberg, Leeds: Clinton W Sheldon Alice: Fred Thompson, Neche, Arena. Bank are W Backes, Langdon, for the First bank Rock Thomas M. Condon, Valley for National bank of Ira Hall, for the First National bank at