Article Text
NAMED RECEIVER Albert B. Ring, of the U. S. comptroller's office, was today named receiver for the First National Bank of Duquoin, Ill., which closed recently.
4113. First National Bank (Du Quoin, IL)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 4737
- Charter Number
- 4737
- Start Date
- February 23, 1935
- Location
- Du Quoin, Illinois (38.011, -89.236)
Metadata
- Model
- gpt-5-mini
- Short Digest
873ca8e7e36b128e
Response Measures
None
Receivership Details
- Depositor recovery rate
- 75.0%
- Date receivership started
- 1935-02-06
- Share of assets assessed as good
- 63.9%
- Share of assets assessed as doubtful
- 27.0%
- Share of assets assessed as worthless
- 9.1%
Description
Article reports the First National Bank of Du Quoin, Ill. 'closed recently' and that the U.S. Comptroller named a receiver (Albert B. Ring) on 1935-02-23. No mention of a depositor run in the provided text. Classified as a suspension leading to permanent closure/receivership.
Events (3)
1.
May 12, 1892
Chartered
- Source
- historical_nic
2.
February 6, 1935
Receivership
- Source
- historical_nic
3.
February 23, 1935
Receivership
- Newspaper Excerpt
- NAMED RECEIVER Albert B. Ring, of the U. S. comptroller's office, was today named receiver for the First National Bank of Duquoin, Ill., which closed recently.
- Source
- newspapers
Newspaper Articles (1)
Click image to open full size in new tab