First National Bank (Exeter, NE)

View Charter #3121 on SPMC View balance sheet

Episode Information

Episode UID
312101168
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
31210 national
Charter Number
3121
Start Date
April 9, 1897
Location
Exeter, Nebraska (40.644, -97.450)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e5fd599583eef710

Response Measures

None

Events (3)
1. February 7, 1884 Chartered
Source
historical_nic
2. April 9, 1897 Suspension
Cause
Voluntary Liquidation
Cause Details
Stockholders voted to withdraw their capital and liquidate the bank due to unprofitable nature of the business.
Newspaper Excerpt
The First National bank suspended business last night. It has gone into voluntary liquidation.
Source
newspapers
3. April 9, 1897 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)
1. April 10, 1897 Omaha Daily Bee Omaha, NE
Article from Omaha Daily Bee, April 10, 1897

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Article Text

Bank Winds Up Its Business. EXETER, Neb., April 9.-(Special.)-The First National bank suspended business last night. It has gone into voluntary liquidation. The bank is in sound condition, and most of the time for the past three years has had available funds enough to pay all depositors, but owing to the unprofitable nature of the business the stockholders wish to withdraw their capital and invest it in other lines of business.

2. April 30, 1897 The Herald Los Angeles, CA
Article from The Herald, April 30, 1897

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Article Text

National Bank Changes The latest bulletin of the comptroller of the currency reports the following changes in national banks since last advice: Application to organize national bank approved-Moshannon National bank of Philipsburg, Pa., capital $50,000, by the following persons: W. D. Crosby, L. C. Harmon, J. N. Schoonover, E. E. Jamison, T. Barnes, W. C. Andrews, Adam Mayer, E. H. Schadt, J. J. Jermyn. Corporate existence of national bank extended-The National State bank of Boulder, Col., until April 18, 1917. Liquidation--The First National bank of Exeter, Neb., has gone into voluntary liquidation by resolution of its stockholders, dated April 8, 1897, to take effect April 9. 1897. Insolvent-The Fort Stanwix National bank of Rome, N. Y., R. H. Huntington appointed receiver in place of Daniel G. Griffin, deceased.