Farmers State Bank - Granite, OK

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: January 1, 1926*
Location: Granite, Oklahoma (34.962, -99.381)

Metadata

Model: gpt-5-mini
Short Digest: 041c6e89

Response Measures

None

Description

Article states the Farmers State Bank, Granite, closed its doors in January, 1926 and is described as a failed bank. No run is mentioned. A dividend was issued in Feb 1928 by the bank commissioner, indicating the bank remained closed and in receivership/liquidation.

Events (2)

1. January 1, 1926* Suspension

Cause: Government Action
Cause Details: Bank is described as failed and closed; placed in receivership/under bank commissioner control.
Newspaper Excerpt: The bank closed its doors in January, 1926.
Source: newspapers

2. February 23, 1928 Receivership

Newspaper Excerpt: DIVIDENDS OKLAHOMA CITY, Feb. 23, (AP) dividend of per cent was issued today by the bank of the failed Farmers State bank Granite. ... Graves Shull bank commissioner, said.
Source: newspapers

Newspaper Articles (1)

1. February 23, 1928 Bristow Daily Record Bristow, OK

Article from Bristow Daily Record, February 23, 1928

Click image to open full size in new tab

Article Text

DEPOSITORS DIVIDEND OKLAHOMA CITY, Feb. 23, (AP) dividend of per cent was issued today by the bank of the failed Farmers State bank Granite. The bank closed its doors in January, 1926. Dividends totalling 50 ner cent been paid heretofore, Graves Shull bank commissioner. said. BABY BOY ANNOUNCED Mrs. Cleazy Jenkins, live Bristow, announce the an 8-pound son to their home Wednesday.