Citizens National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 6986
Charter Number: 6986
Start Date: April 20, 1932
Location: Delphi, Indiana (40.588, -86.675)

Metadata

Model: gpt-5-mini
Short Digest: e13e3101

Response Measures

None

Description

Article (Kokomo Tribune, 1932-04-20) refers to Frank W. Bryant as receiver of the Citizens National Bank of Delphi, and discusses a suit to collect a 100% assessment levied by the comptroller. There is no mention of a depositor run; the bank is in receivership (government action) and thus treated as suspended and closed. OCR errors in the clipping were corrected (e.g., fragmented sentences).

Events (3)

1. October 9, 1903 Chartered

Source: historical_nic

2. September 15, 1931 Voluntary Liquidation

Source: historical_nic

3. April 20, 1932 Receivership

Newspaper Excerpt: Frank W. Bryant, receiver of the Citizens National Bank of Delphi ... federal banking authorities levied 100 per cent assessment ... suit ... to collect 100 per cent assessment on stock.
Source: newspapers

Newspaper Articles (1)

1. April 20, 1932 The Kokomo Tribune Kokomo, IN

Article from The Kokomo Tribune, April 20, 1932

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Article Text

CITIZENS BANK BRYANT BRINGS RECEIVER AGAINST SMITH ACTION ON ASSESSMENT. South Bend, Ind., April Frank W. Bryant. receiver of the Citizens National Bank of suit in federal today Earl D. Smith, of court against collection of 100 Delphi, for per stock ordered the comptroller of currency. secks judgment for per cent interest since the middle of Earl D. Smith is former resiof Kokomo, of Isaac dent Smith, 809 West Mulberry street. According to report. Earl D. Smith has the of forty-eight shares stock in the Citizens Nayears. Some tional for months federal banking authorities levied 100 per cent all shares of assessment stock. Several of the shareholders have their assessments and of have made number settle. said that Mr. Smith disregarded the demand made on him for payment that the action court South Bend in the collect is the result.