American National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 8994
Charter Number: 8994
Start Date: December 29, 1927
Location: Atoka, Oklahoma (34.386, -96.128)

Metadata

Model: gpt-5-mini
Short Digest: 404ffb82

Response Measures

None

Receivership Details

Depositor recovery rate: 26.6%
Date receivership started: 1926-11-01
Date receivership terminated: 1931-06-30
OCC cause of failure: Economic conditions
Share of assets assessed as good: 33.0%
Share of assets assessed as doubtful: 38.3%
Share of assets assessed as worthless: 28.7%

Description

The article identifies 'Harris, Receiver of the American National Bank Atoka', indicating the bank was in receivership (closed). The notice is a sheriff's sale pursuant to a judgment and names the receiver. No run or explicit temporary suspension is described in the text, only receivership/closure evidence.

Events (3)

1. January 20, 1908 Chartered

Source: historical_nic

2. November 1, 1926 Receivership

Source: historical_nic

3. December 29, 1927 Receivership

Newspaper Excerpt: Harris, Receiver of the American National Bank Atoka, are defendants ... WITNESS My hand this 29th day of December, 1927. RAY, Sheriff of Atoka Oklahoma. J. G. Attorney for Plaintiff Pub. Dec. 29, 1927. Jan. 12. 19. 26, 1928.
Source: newspapers

Newspaper Articles (1)

1. January 19, 1928 Indian Citizen Atoka, OK

Article from Indian Citizen, January 19, 1928

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Article Text

No. 4003 IN THE DISTRICT COURT WITHIN AND FOR ATOKA COUNTY. STATE OF OKLAHOMA. Elmer Rich, Plaintiff. Arterberry and Donie Arterberry and Fred Douglas and Minnie Douglas, husband and and the National Bank NOTICE OF SHERIFF'S SALE. 30th M. the front the Court House in the Sheriff of Atoka County Oklahoma, offer for sale and sell for cash at the highest and bidder without praisement, that estate Atoka County in the State of Okla to-wit: Lots (2) and Three (3). in Block Sixty One in the twonsite of Atoka Oklahoma, according to the recorded plat subject to taxes and mortgage for $813.70 and accumulated interest Said sale will be made pursuant to order sale out of the office of the Court Clerk of Atoka County, Okla homa. upon judgment entered in the District Court of Atoka County Oklahoma, in Elmer O Rich plaintiff and Arterberry and Donie Arterberry husband and wife, and Fred Douglas and Minnie Douglas, husband and wife, and Harris, Re ceiver of the American National Bank Atoka, are de fendants judgment and decree rendered in said suit the 22nd day of June, 1927. in favor of Elmer Rich. as plaintiff in the sum of $813.70 with interest thereon of per annum from 22nd day of June. 1927 attorney fee and the costs of this suit accrued and accruing and foreclosure of mortgage by said plaintiff as lien on said security for said WITNESS My hand this 29th day of December. 1927. RAY. Sheriff of Atoka Oklahoma. J. G. Attorney for Plaintiff Pub. Dec. 29. 1927. Jan. 12. 19. 26, 1928.