Article Text
Jan National bank Grove which closed doors first, has been made with the introduction capital and the Institution reopened this was today.
15611. First National Bank (Grove, OK)
Bank Information
- Episode Type
- Suspension → Reopening
- Bank Type
- national
- Bank ID
- 10119
- Charter Number
- 10119
- Start Date
- January 7, 1926
- Location
- Grove, Oklahoma (36.594, -94.769)
Metadata
- Model
- gpt-5-mini
- Short Digest
c2134da70d69a8b0
Response Measures
None
Description
OCR-corrected fragment indicates the First National Bank of Grove had previously closed its doors and was reopened after the introduction of capital. The article (Oklahoma Weekly Leader, 1926-01-07) reports the institution reopened on that date. No mention of a depositor run is present; cause appears to be a capital/financial deficiency resolved by new capital.
Events (4)
1.
December 30, 1911
Chartered
- Source
- historical_nic
2.
January 7, 1926
Reopening
- Newspaper Excerpt
- the Institution reopened this was today. ... with the introduction capital and the Institution reopened this was today.
- Source
- newspapers
3.
January 1, 1933
Voluntary Liquidation
- Source
- historical_nic
4.
*
Suspension
- Cause
- Bank Specific Adverse Info
- Cause Details
- Bank had closed its doors due to insufficient capital/financial difficulties (implied); later recapitalization arranged.
- Newspaper Excerpt
- National bank Grove which closed doors first
- Source
- newspapers
Newspaper Articles (1)
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