17103. First National Bank (Ansonia, OH)

View Charter #9194 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
9194
Charter Number
9194
Start Date
March 1, 1933*
Location
Ansonia, Ohio (40.214, -84.637)

Metadata

Model
gpt-5-mini
Short Digest
fdf2e49a

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1933-08-15
Date receivership terminated
1935-03-01
Share of assets assessed as good
62.7%
Share of assets assessed as doubtful
34.7%
Share of assets assessed as worthless
2.6%

Description

Bank closed during the federal/national bank holiday (moratorium) in March 1933, placed in receivership (Charles Haber) Aug 15, 1933, and ultimately liquidated with dividends paid to depositors through late 1934 (final distributions completing full repayment). No run is described.

Events (7)
1. July 15, 1908 Chartered
Source
historical_nic
2. March 1, 1933* Suspension
Cause
Government Action
Cause Details
Closed during the national bank holiday / federal bank moratorium in March 1933
Newspaper Excerpt
closed since federal bank moratorium in March 1933
Source
newspapers
3. August 15, 1933 Receivership
Source
historical_nic
4. August 15, 1933 Receivership
Newspaper Excerpt
operated under the receivership of Charles Haber, Greenville, since August 15, 1933 and Charles Haber, who is acting as receiver for the village institution from articles 1 and 4
Source
newspapers
5. March 1, 1934* Other
Newspaper Excerpt
On March 1934 the bank paid 60 per cent dividend.
Source
newspapers
6. June 19, 1934 Other
Newspaper Excerpt
The current dividend totals 25 per cent of the deposits. On March 1934 the bank paid 60 per cent dividend.
Source
newspapers
7. November 9, 1934 Other
Newspaper Excerpt
Affairs of Defunct Ansonia Financial Institution to Be Closed...Prior to that date Mr Haber hopes to complete 15 per cent dividend payment...when was completed the depositors would have received 100 cents on the dollar.
Source
newspapers

Newspaper Articles (5)
1. August 18, 1933 The Dayton Herald Dayton, OH
Article from The Dayton Herald, August 18, 1933

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Article Text

FULL PAYMENT FOR BANK SEEN Receiver Checks Accounts of Ansonia Institution, Restricted Since Holiday. GREENVILLE, O., Aug. 18.-A full payment to depositors of the First National bank at Ansonia, which has been operated on restricted basis since the national bank holiday, was predicted today by Charles Haber, Greenville, who is acting as receiver for the village institution. Haber recently checked all accounts of the bank. All accounts that have been opened with the bank since the recent holiday are held as trust funds and are subject to 100 per cent withdrawals immediately The Greenville National bank and the First-Farmer National bank at Arcanum also are being operated on restricted basis, but during the past week license to resume ma business was granted to the Osgood State bank. cases.

2. January 31, 1934 Troy Daily News Troy, OH
Article from Troy Daily News, January 31, 1934

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Article Text

JUDGMENT IS GRANTED ANSONIA BANK RECEIVER A cognovit judgment on two notes totaling $1,189.88 has been granted in the common pleas court to Charles Haber, receiver for the First National bank of Ansonia against J. C. and Cora L. Smith.

3. February 1, 1934 Miami Union Troy, OH
Article from Miami Union, February 1, 1934

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Article Text

JUDGMENT GRANTED ANSONIA BANK RECEIVER cognovit judgment on two notes totaling has been granted common pleas court Haber, receiver for the First National bank of and Cora Smith.

4. June 19, 1934 The Daily Advocate Greenville, OH
Article from The Daily Advocate, June 19, 1934

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Article Text

BANK RECEIVER Closed Ansonia Institution Making 25 Per Cent Payment to DeposDividend Paid March The First National Bank of Ansonia, which has operated under the receivership of Charles Haber, Greenville, since August 15, 1933, is now paying second dividend to depositors. The current dividend totals 25 per cent of the deposits, Mr. Haber reports. On March 1934 the bank paid 60 per cent dividend. In distributing the new funds Mr. Haber lauds the assistance and cooperation of former bank rectors and of Cariens, forcashier. Grace Lenich, Greenville, is also assisting with the work.

5. November 9, 1934 The Daily Advocate Greenville, OH
Article from The Daily Advocate, November 9, 1934

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Article Text

BANK RECEIVER IS NOW PAYING FINAL DIVIDEND Affairs of Defunct Ansonia Financial Institution to Be Closed During Stockholders' Meeting on December 3-Total of $53,000 Returned to Depositors. Stockholders of the First National Bank of Ansonia, closed since federal bank moratorium in March 1933. are to be meet with Charles Haber. received. on Dec. to complete final business settlement. Prior to that date Mr Haber hopes to complete 15 per cent dividend payment to depositors, who number approximately 500 Authority for the new payment obtained from the comptroller of currency during the past week. The exact amount of money involved in the current divided was ont revealed but was stated that when was completed the depositors would have received 100 cents on the dollar. The Ansonia bank paid 60 per cent dividend on March 1934, and another 25 per cent dividend on June of the current year. The payment brings the total to 100 per cent. In addition to heir full deposits, claimants against the bank will also receive full interest from the date of the bank's closing. Combined the total payment aggregates approximately $53,000 During the stockholders' meeting on Dec it was stated that they would take over all other assets of the institution. The Ansonia bank, which served that community for several years, was captalized at $25,000.