Article Text
Grayville, Nov. First NaAssociated under the tional bank here, Blood trol banking holiday, the national since liquidated by bank national
4884. First National Bank (Grayville, IL)
Bank Information
- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
- 4999
- Charter Number
- 4999
- Start Date
- November 4, 1933
- Location
- Grayville, Illinois (38.258, -87.994)
Metadata
- Model
- gpt-5-mini
- Short Digest
eb0c4c45
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 of the article is garbled, but it refers to the First National Bank of Grayville being affected by the 'banking holiday' and being liquidated. No explicit run is mentioned. I infer a suspension (closure during banking holiday/government action) followed by liquidation/receivership.
Events (4)
1.
May 17, 1895
Chartered
- Source
- historical_nic
2.
November 1, 1933
Receivership
- Source
- historical_nic
3.
November 4, 1933
Receivership
- Newspaper Excerpt
- since liquidated by bank national
- Source
- newspapers
4.
November 4, 1933
Suspension
- Cause
- Government Action
- Cause Details
- Closed under the national banking holiday / control measures associated with the 1933 banking holiday; bank was placed into liquidation thereafter.
- Newspaper Excerpt
- Grayville, Nov. First Na... tional bank here... control banking holiday
- Source
- newspapers
Newspaper Articles (1)
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