Article Text
Grayville, Nov. First NaAssociated under the tional bank here, Blood trol banking holiday, the national since liquidated by bank national
4210. First National Bank (Grayville, IL)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 4999
- Charter Number
- 4999
- Start Date
- November 1, 1933*
- Location
- Grayville, Illinois (38.258, -87.994)
Metadata
- Model
- gpt-5-mini
- Short Digest
5bdc9c70047e3b89
Response Measures
None
Receivership Details
- Depositor recovery rate
- 50.1%
- Date receivership started
- 1933-11-01
- Date receivership terminated
- 1939-11-10
- Share of assets assessed as good
- 24.6%
- Share of assets assessed as doubtful
- 63.3%
- Share of assets assessed as worthless
- 12.0%
Description
OCR is garbled but article (Rock Island Argus, 1933-11-04) refers to the First National Bank in Grayville and indicates it was affected by the banking holiday and has been liquidated/placed under control. No explicit run is mentioned. I infer a suspension followed by closure/liquidation (government action). Dates are uncertain; used newspaper date as proximate event date.
Events (4)
1.
May 17, 1895
Chartered
- Source
- historical_nic
2.
November 1, 1933
Receivership
- Source
- historical_nic
3.
November 1, 1933*
Receivership
- Newspaper Excerpt
- since liquidated by bank national
- Source
- newspapers
4.
November 1, 1933*
Suspension
- Cause
- Government Action
- Cause Details
- Mention of banking holiday and bank placed under control and liquidated, indicating action tied to regulators during the banking holiday.
- Newspaper Excerpt
- Grayville, Nov. First NaAssociated under the tional bank here... control banking holiday
- Source
- newspapers
Newspaper Articles (1)
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