6183. First National Bank (Thayer, KS)

View Charter #9465 on SPMC

Bank Information

Episode Type
Suspension → Reopening
Bank Type
national
Bank ID
9465
Charter Number
9465
Start Date
March 30, 1911
Location
Thayer, Kansas (37.493, -95.470)

Metadata

Model
gpt-5-mini
Short Digest
69c90b7b9742d5da

Response Measures

None

Description

The bank (First National Bank of Thayer, KS) suspended payment March 30, 1911 due to irregularities in the accounts of cashier S. M. Pickens (also OCR'd as Pickins). It later resumed business May 19, 1911 with unimpaired capital. No run is described in the articles.

Events (3)
1. June 29, 1909 Chartered
Source
historical_nic
2. March 30, 1911 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Irregularities in the accounts of S. M. Pickens, the former cashier, who resigned and left town; bank closed pending national bank examiner investigation.
Newspaper Excerpt
The First National bank of Thayer failed to open this morning. On the door was posted a notice stating that owing to irregularities in the accounts of S.M. Pickens, former cashier, the bank would remain closed pending investigation by national bank authorities.
Source
newspapers
3. May 19, 1911 Reopening
Newspaper Excerpt
The First National Bank of Thayer, which suspended payment March 30 on account of irregularities in the accounts of S. M. Pickins, the cashier, has resumed business with an unimpaired capital of $25,000.
Source
newspapers

Newspaper Articles (2)
1. April 7, 1911 The Chanute Times Chanute, KS
Article from The Chanute Times, April 7, 1911

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Article Text

KANSAS BANK CLOSED. Cashier Missing-First National of Thayer Forced to Suspend. Thayer, Kan.-The First National bank of Thayer failed to open this morning. On the door was posted a notice stating that owing to irregularities in the accounts of S.M. Pickens, former cashier, the bank would remain closed pending investigation by national bank authorities. According to the national bank examiner, Pickens resigned a week ago. He left Thayer. His whereabouts is unknown.

2. May 19, 1911 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, May 19, 1911

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Article Text

Thayer Bank Opens. Thayer, Kan., May 19.-The First National Bank of Thayer, which suspended payment March 30 on account of irregularities in the accounts of S. M. Pickins, the cashier, has resumed business with an unimpaired capital of $25,000.