Article Text
BANK RECEIVER FOUND DEAD federal bank exainer of Marion, Ohio, and receiver for First National Bank Groom, near found through heart verdict
21163. First National Bank (Groom, TX)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 11447
- Charter Number
- 11447
- Start Date
- April 9, 1926
- Location
- Groom, Texas (35.204, -101.107)
Metadata
- Model
- gpt-5-mini
- Short Digest
c4f1192c
Response Measures
None
Receivership Details
- Depositor recovery rate
- 100.0%
- Date receivership started
- 1924-10-06
- Date receivership terminated
- 1927-02-01
- OCC cause of failure
- Fraud
- Share of assets assessed as good
- 58.9%
- Share of assets assessed as doubtful
- 17.4%
- Share of assets assessed as worthless
- 23.7%
Description
Article (1926-04-09) reports the bank's receiver (federal bank examiner and receiver for First National Bank, Groom) was found dead. This indicates the bank was in receivership/closed. No article text mentions a depositor run or an earlier suspension explicitly; receivership implies closure, so classified as suspension_closure. Limited OCR excerpt; date taken from newspaper publication.
Events (3)
1.
September 5, 1919
Chartered
- Source
- historical_nic
2.
October 6, 1924
Receivership
- Source
- historical_nic
3.
April 9, 1926
Receivership
- Newspaper Excerpt
- receiver for First National Bank Groom ... found through heart verdict
- Source
- newspapers
Newspaper Articles (1)
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