First State Bank - Tiskilwa, IL

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: January 4, 1932
Location: Tiskilwa, Illinois (41.292, -89.506)

Metadata

Model: gpt-5-mini
Short Digest: bccc9a68

Response Measures

None

Description

Newspaper reports the First State Bank of Tiskilwa was closed today for examination and adjustment (Jan 4, 1932). No mention of depositor run, receivership, or permanent closing; this appears to be an official examination-closure (government action) and likely temporary.

Events (1)

1. January 4, 1932 Suspension

Cause: Government Action
Cause Details: Closed by authorities for examination and adjustment (official examination).
Newspaper Excerpt: CLOSE TISKILWA BANK First State Bank of Tiskilwa was closed today for examination and adjustment Schertz president and Arthur Hedrick cashier,
Source: newspapers

Newspaper Articles (1)

1. January 4, 1932 Waukegan News-Sun Waukegan, IL

Article from Waukegan News-Sun, January 4, 1932

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Article Text

CLOSE TISKILWA BANK First State Bank of Tiskilwa was closed today for examination and adjustment Schertz president and Arthur Hedrick cashier, TREASURY BALANCE WASHINGTON Jan. treasury net balance Dec. was that day were Customs receipts month through Dec. 31 were $26,549,413.25 ISSUE BANK CALLS SPRINGFIELD Jan. The Auditor Public Accounts issued call today for the condition of all banks the business Thursday, December 31. 1931 WASHINGTON Jan (/P)-The comptroller currency issued call today for the condition of National banks the close of business Thursday, December 31, 1931. COFFEE NEW YORK, Jan.