First National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 6057
Charter Number: 6057
Start Date: May 3, 1934
Location: Eaton, Colorado (40.530, -104.711)

Metadata

Model: gpt-5-mini
Short Digest: a56e7b51

Response Measures

None

Receivership Details

Depositor recovery rate: 100.0%
Date receivership started: 1934-01-26
Date receivership terminated: 1937-03-08
Share of assets assessed as good: 69.4%
Share of assets assessed as doubtful: 21.2%
Share of assets assessed as worthless: 9.5%

Description

Article (Windsor Beacon, 1934-05-03) reports a petition to allow sale of bonds and securities held by the First National Bank of Eaton by the receiver (Amos Entwistle). OCR is noisy; I corrected obvious garbling. No mention of a depositor run in the text; receiver indicates the bank was closed and in receivership (permanent closure).

Events (3)

1. December 20, 1901 Chartered

Source: historical_nic

2. January 26, 1934 Receivership

Source: historical_nic

3. May 3, 1934 Receivership

Newspaper Excerpt: A petition for a court order allowing the sale of bonds and other securities held by the First National Bank of Eaton by the receiver Amos Entwistle has been filed in district court. The petition lists $81,000 pledged securities and $50 of non-pledged securities. J. Green is attorney for the receiver.
Source: newspapers

Newspaper Articles (1)

1. May 3, 1934 Windsor Beacon Windsor, CO

Article from Windsor Beacon, May 3, 1934

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Article Text

Seven THOUSAND BIG ONES Trout fishing enthusiasts of Loveland are running fish trucks up to Parvin lake west of Fort Collins and, under supervision of the fish and game department. are bringing down about 7,000 full grown and vicious trout,turning them loose in the Big Thompson over are a stretch of the canyon. The fish ly 12 to 21 inches long and have neartwo months longer to grow We pass this information along for the benefit of the ten thousand or more fisherman who will be out on the streams at daybreak May 25, Loveland anglers will be sorry when The keep they see the crowd. that they couldn't a secret among themselves Longmont Times-Call, A petition for a court order allowing the held sale of bonds and other Eaton by the First National securities bank funds, as security for deposits of public of here by has been filed in district the Amos Entwistle receiver court bank The petition lists $81,000 for pledged ities F and $50 of non pledged of receiver J. Green is attorney for secur the