First National Bank - Dallas City, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 5609
Charter Number: 5609
Start Date: March 26, 1909
Location: Dallas City, Illinois (40.636, -91.167)

Metadata

Model: gpt-5-mini
Short Digest: 588a1c70320a8d0b

Response Measures

None

Receivership Details

Depositor recovery rate: 87.3%
Date receivership started: 1933-10-26
Share of assets assessed as good: 38.3%
Share of assets assessed as doubtful: 59.9%
Share of assets assessed as worthless: 1.8%

Description

The sole article refers to the First National Bank, Dallas City, in a receivership case (appeal of receiver dismissed). No runs or temporary suspensions are described; the presence of a receiver implies the bank was closed and in receivership, so classify as suspension leading to closure. Date of the article is 1909-03-26 and is used as the report date for the receivership event.

Events (3)

1. October 26, 1900 Chartered

Source: historical_nic

2. March 26, 1909 Receivership

Newspaper Excerpt: First National Bank, Dallas, City, vs Anna Bubner, et al.-Appeal of receiver etc. Bill dismissed by Complainant, Frank Reynolds.
Source: newspapers

3. October 26, 1933 Receivership

Source: historical_nic

Newspaper Articles (1)

1. March 26, 1909 The Daily Gate City Keokuk, IA

Article from The Daily Gate City, March 26, 1909

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Article Text

- Relief. Master's report filed. Bond filed. Lillian Battles, vs John Battles-Divorce. Decree signed. Mary E. Reil, vs John G. Reil, et al-Partition. Decree signed. First National Bank, Dallas, City, vs Anna Bubner, et al.-Appeal of receiver etc. Bill dismissed by Complainant, Frank Reynolds.