Article Text
The First National Bank of Chariton has suspended temporarily.
First National Bank (Chariton, IA)
Episode Information
- Episode Type
- Suspension → Reopening
- Start Date
- October 9, 1873
- Location
- Chariton, Iowa (41.014, -93.307)
- Bank Type
- national
- Charter Number
- 1724
Metadata
Receivership Details
- Depositor recovery rate
- 47.9%
- Date receivership started
- 1907-10-31
- Date receivership terminated
- 1915-04-29
- OCC cause of failure
- Fraud
- Share of assets assessed as good
- 59.5%
- Share of assets assessed as doubtful
- 22.0%
- Share of assets assessed as worthless
- 18.4%
Notes
Article only states a temporary suspension; later known receivership in 1907 is a separate event.
Events (3)
1.
October 20, 1870
Chartered
- Source
- historical_nic
2.
October 9, 1873
Suspension
- Newspaper Excerpt
- The First National Bank of Chariton has suspended temporarily.
- Source
- newspapers
3.
October 31, 1907
Receivership
- Source
- historical_nic
Newspaper Articles (1)
Click image to open full size in new tab