6439. Citizens National Bank (Louisville, KY)

View Charter #2164 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
2164
Charter Number
2164
Start Date
June 13, 1931
Location
Louisville, Kentucky (38.254, -85.759)

Metadata

Model
gpt-5-mini
Short Digest
e0db1fbf58252ed1

Response Measures

None

Description

OCR is garbled, but articles (dated 1931) report the Louisville Citizens National Bank was closed on June 13 due to frozen loans and related losses; no run is described. Likely a permanent closure rather than a temporary suspension. Significant OCR errors corrected (e.g., date interpreted as June 13, phrase 'frozen loans').

Events (3)
1. August 8, 1874 Chartered
Source
historical_nic
2. June 13, 1931 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Frozen loans (illiquid or nonperforming loans) caused the bank to be closed; article links closure to frozen loans and charge-offs.
Newspaper Excerpt
FROZEN LOANS CAUSE OLD BANK TO BE CLOSED ... Ky. June 13 ... frozen ... Louisville Citizens National Bank ... closed ... deposits of $184,000
Source
newspapers
3. September 30, 1944 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)
1. June 19, 1931 The Cozad Local Cozad, NE
Article from The Cozad Local, June 19, 1931

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Article Text

"FROZEN LOANS" CAUSE OLD BANK TO BE CLOSED Ky. June 13 Russellthree the county, today frozen State Bank charge. of currency today banks Louisville Citizens National Bank forestall threatrun failure of No run deThe Bank had of and deposits of $184,000,

2. October 15, 1931 The Alliance News Alliance, NE
Article from The Alliance News, October 15, 1931

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Article Text

"FROZEN LOANS" CAUSE OLD BANK TO BE CLOSED Ky. June 13 Russellthree the county, today frozen State Bank charge. of currency today banks Louisville Citizens National Bank forestall threatrun failure of No run deThe Bank had of and deposits of $184,000,