First National Bank (Havensville, KS)

View Charter #5506 on SPMC View balance sheet

Episode Information

Episode UID
550601606
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
55060 national
Charter Number
5506
Start Date
October 11, 1933
Location
Havensville, Kansas (39.511, -96.078)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
7f6642113ec07517

Response Measures

None

Receivership Details

Depositor recovery rate
100.0%
Date receivership started
1933-10-11
Date receivership terminated
1935-05-29
Share of assets assessed as good
60.3%
Share of assets assessed as doubtful
36.8%
Share of assets assessed as worthless
2.9%

Description

Articles report the bank was placed in receivership and depositors paid in full; some OCRed dates/figures vary slightly across clippings.

Events (3)
1. July 19, 1900 Chartered
Source
historical_nic
2. October 11, 1933 Receivership
Source
historical_nic
3. October 11, 1933 Receivership
Newspaper Excerpt
The First National Bank of Havensville, Kansas, was placed in receivership on October 11, 1933 and all depositors and other creditors were paid 100 per cent principal with interest in full at the legal rate amounting to an additional dividend of 6.1857 per cent.
Source
newspapers

Newspaper Articles (3)
1. June 22, 1935 Richmond Daily Register Richmond, KY

Article Text

CONFESSES TO ASSAULT Tool Maker Admits He Attacked and Killed Girl He Picked Up KNOCKED UNCONSCIOUS PEORIA, Ill., June 22 (AP)—Confronted by the torn and bloody clothing of his alleged victim, Gerald Thompson, 25-year-old tool maker, confessed, Acting Chief of Police Fred Nussbaum said today, that he ravished Mildred Hallmark, 19, and left her to die in a cemetery roadside ditch. The girl's battered body was found last Monday. Thompson was taken into custody Thursday night on a tip allegedly furnished by someone residing in the same house. He was subjected to questioning more than 42 hours during which lie detector tests were used. Nussbaum quoted Thompson as saying he offered the girl a ride in his automobile when he saw her waiting in the rain for a street car, knocked her unconscious with his fist, drove to the cemetery and assaulted her, and then threw her into the ditch. The girl died of a broken neck, a coroner's jury reported. Thompson was taken to the jail at Springfield, Ill., to thwart possible violence before the confession was announced. The police said a diary found in Thompson's possession aided them in getting the alleged confession. They said it recorded thirteen or fourteen other attacks. The alleged slayer was formally charged with murder. Liquidation Finished During May of 14 Insolvent National Banks, Comptroller of Currency Reports The Comptroller of the Currency J. F. O'Connor has announced that during the month of May, 14 insolvent national banks were liquidated, the receiverships thereby being financially closed, making a total of 65 receiverships either closed or restored to solvency since his last annual report to congress compiled as of October 31, 1934. The First National Bank of Havensville, Kan., was placed in receivership on October 11, 1932, and all depositors and other creditors were paid 100 per cent of principal with interest in full at the legal rate amounting to an additional dividend of 6.1057 per cent.

2. June 22, 1935 Richmond Daily Register Richmond, KY

Article Text

J. F. O'Conner has announced that during the month of May, 1934, 14 insolvent national banks were liquidated, the receiverships thereof being financially closed, making a total of 65 receiverships finally closed or restored to solvency since his last annual report to congress compiled as of October 31, 1934. The First National Bank of Havensville, Kan., was placed in receivership on October 11, 1933, and all depositors and other creditors were paid 100 per cent principal with interest in full at the legal rate amounting to an additional dividend of 6.1857 per cent. Total payments to creditors, including offsets allowed, aggregated $62,006 and the stockholders received $754 together with the assets remaining uncollected. The Montgomery County National Bank of Cherryvale, Kan., was placed in receivership on May 7, 1931, and disbursements, including offsets allowed, to depositors and other creditors aggregated $153,358, which represented 67.2 per cent of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 14.63 per cent of their claims. The Commercial National Bank of Independence, Kan., was placed in receivership on March 14, 1930, and disbursements, including offsets allowed, to depositors and other creditors aggregated $4,488,385, which represented 84.4 per cent of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 76.41115 per cent of their claims. The Billings National Bank of Billings, Okla., was placed in receivership on October 17, 1930, and disbursements, including offsets allowed, to depositors and other creditors aggregated $142,436, which represented 88.2 per cent of the total liabilities at date of failure. Unsecured depositors in this case received dividends amounting to 85.62 per cent of their claims. The First National Bank of Tower City, N. D., was placed in receivership on December 10, 1929, and disbursements, including offsets allowed, to depositors and other creditors aggregated $57,197, which represented 73.7 per cent of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 62.18 per cent of their claims. The First National Bank of Huntsville, Tenn., was placed in receivership on February 9, 1933, and disbursements, including offsets allowed, to depositors and other creditors aggregated $50,314, which represented 70.8 per cent of the total liabilities at date of failure. Unsecured depositors in this case received dividends amounting to 58.7 per cent of their claims. The First National Bank of Milton, N. D., was placed in receivership on August 11, 1932, and disbursements, including offsets allowed, to depositors and other creditors aggregated $36,016, which

3. June 24, 1935 The Niles Daily Star Niles, MI

Article Text

The Comptroller of the Currency, J. F. T. O'Connor, has announced that during the month of May, 1935, 14 insolvent national banks were liquidated, the receiverships thereof being finally closed, making a total of 65 receiverships finally closed or restored to solvency since his last annual report to congress compiled as of October 31, 1934. The First National Bank of Havensville, Kansas, was placed in receivership on October 11, 1933 and all depositors and other creditors were paid 100 per cent principal with interest in full at the legal rate amounting to an additional dividend of 6.1857 per cent. Total payments to creditors, including offsets allowed, aggregated $62,006 and the stock holders received $754 together with the assets remaining uncollected. The Montgomery County National Bank of Cherryvale, Kansas, was placed in receivership on May 7, 1931 and disbursements, including offsets allowed, to depositors and other creditors aggregated $153,358, which represented 67.2 per cent of the total liabilities at rate of failure. Unsecured depositors received dividends amounting to 14.63 per cent of their claims. Receive Dividends The Commercial National bank of Independence, Kansas, was placed in receivership on March 14, 1930 and disbursements, including offsets allowed, to depositors and other creditors aggregated $4,438,335, which represented 84.4 per cent of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 76.4115 per cent of their claims. The Billings National Bank of Billings, Oklahoma, was placed in receivership on October 17, 1930 and disbursements, including offsets allowed, to depositors and other creditors aggregated $142,436, which represented 38.2 per cent of the total liabilities at date of failure. Unsecured depositors in this case received dividends amounting to 35.62 per cent of their claims. The First National Bank of Tower City, North Dakota, was placed in receivership on December 10, 1929 and disbursements, including offsets allowed, to depositors and other creditors aggregated $57,197, which represented 73.7 per cent of the total liabilities at date of failure. Unsecured depositors received dividends amounting to 62.18 per cent of their claims. 70 Pct. Pay Off The First National Bank of Huntsville, Tennessee, was placed in receivership on February 9, 1933 and disbursements, including offsets allowed, to depositors and other creditors aggregated $50,814, which represented 70.8 per cent of the total liabilities at date of failure. Unsecured depositors in this case received dividends amounting to 58.7 per cent of their claims.