First National Bank - Parkersburg, WV

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 180
Charter Number: 180
Start Date: December 11, 1931
Location: Parkersburg, West Virginia (39.267, -81.562)

Metadata

Model: gpt-5-mini
Short Digest: b3f623b9

Response Measures

None

Receivership Details

Date receivership started: 1931-12-09
Date receivership terminated: 1932-07-05

Description

Article (Dec 11, 1931) reports a receiver was named for the Parkersburg First National Bank and describes a reorganization plan under the Comptroller of the Currency. No mention of a depositor run in the text provided; event is a suspension/receivership leading to closure. OCR errors in the excerpt corrected (e.g., 'comptroller of the currency').

Events (5)

1. January 2, 1864 Chartered

Source: historical_nic

2. December 9, 1931 Receivership

Source: historical_nic

3. December 11, 1931 Receivership

Newspaper Excerpt: PARKERSBURG BANK RECEIVER IS NAMED ... pointed receiver by order of the comptroller of the currency ... First National Reorganization Plan to Continue ... provide that depositors ... reorganization of the Wood County bank institution ... the comptroller of the currency ... receiver was named for the Wood County bank (First National).
Source: newspapers

4. July 5, 1932 Restored To Solvency

Source: historical_nic

5. December 31, 1932 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. December 11, 1931 The Charleston Daily Mail Charleston, WV

Article from The Charleston Daily Mail, December 11, 1931

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Article Text

PARKERSBURG BANK RECEIVER IS NAMED First National Reorganization Plan to Continue PARKERSBURG Dec. 11 (AP) pointed neiver by order of " Pole comptroller of the currency not hinder am plan of tion of mutual proto tion Fation of the Wood County bank R institution The ment would provide that depositors 1. their present deposits In the bank At cent Interest until the bink to extend 01 shorten the time