gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
eb3baaa55d03921f
Response Measures
None
Receivership Details
Depositor recovery rate
55.1%
Date receivership started
1932-06-17
Date receivership terminated
1936-08-25
Share of assets assessed as good
16.8%
Share of assets assessed as doubtful
74.9%
Share of assets assessed as worthless
8.2%
Description
OCR shows minor errors (e.g., 'niked' -> 'linked'/'named'); articles state bank is closed with a receiver.
Events (4)
1.June 17, 1891Chartered
Source
historical_nic
2.June 17, 1932Receivership
Source
historical_nic
3.November 16, 1933Receivership
Newspaper Excerpt
attempt collect loans from farmers by receiver of the closed Arlington National bank
Source
newspapers
4.November 16, 1933Suspension
Cause
Government Action
Cause Details
Bank is closed and a receiver has been appointed; regional agency has no jurisdiction over receiver
Newspaper Excerpt
closed Arlington National bank
Source
newspapers
Newspaper Articles (2)
1.November 16, 1933The Pilot-TribuneBlair, NE
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Article Text
BANK
ASK DELAY IN COLLECTING BY CLOSED ARLINGTON BANK resolution asking ment of attempt collect loans from farmers by receiver of the closed Arlington National bank was presented Monday to the Omaha branch of the Regional Agricultural Credit corporation. The request was presented to the Omaha department by Bad Martin Davies, Fred H. Smith and Julius Swendgaard of Arlington, and Sampson of Valley Five suits to collect from farmowing the bank have already been filed, was reported, fifty more are threatened. The regional manager the credit Kuning, advised the delegation representthe Arlington farmers that he no jurisdiction over the bank receiver, but added that invesan tigation will be made.
2.November 16, 1933Arlington Review-HeraldArlington, NE
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Article Text
Debtors Ask For Extension of Time
About twenty were present at neeting Friday evening at the city all, called for the purpose of devising ome plan whereby the Jebtors of the niked First National Bank might have he time extended on their obligations the A delegation was chosen. E. M. Samson of Valley, Dr. R. A. Davies. Nels Svendgaard, Frad H. Smith, J. Badger. and Martin Hilgenkamp of Arlington, and on Monday they went to Omaha and put the matter before Kunig of the Regional Agricul tural Credit Association. Mr. Kunig informed them he had no jurisdiction over the bank receiver, maferred them to the comptroller at Washing ton A letter was sent the latter questing him to postpone immediate action against debtors of the bank. "For the good of the community hope sonie plan can be worked out that relieve the distress for short time at least.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.
