Article Text
BANK PAYS $120,000 Augusta, Jan. 22.—About $120,000 will be put into circulation today by the First National bank, which is paying its second dividend to depositors in the defunct institution.
First National Bank (Augusta, KS)
Episode Information
- Episode Type
- Suspension → Closure
- Start Date
- March 6, 1933
- Location
- Augusta, Kansas (37.687, -96.977)
- Bank Type
- national
- Charter Number
- 6643
Metadata
Receivership Details
- Depositor recovery rate
- 76.0%
- Date receivership started
- 1933-07-27
- Date receivership terminated
- 1937-12-31
- Share of assets assessed as good
- 67.8%
- Share of assets assessed as doubtful
- 29.1%
- Share of assets assessed as worthless
- 3.1%
Notes
The article only mentions a dividend payment for a defunct institution; the suspension and closure are inferred from the known receivership date.
Events (5)
1.
February 24, 1903
Chartered
- Source
- historical_nic
2.
March 6, 1933
Suspension
- Cause
- Government Action
- Cause Details
- Likely suspended during the March 1933 banking holiday and failed to reopen.
- Source
- newspapers
3.
July 27, 1933
Receivership
- Newspaper Excerpt
- the First National bank, which is paying its second dividend to depositors in the defunct institution.
- Source
- newspapers
4.
July 27, 1933
Receivership
- Source
- historical_nic
5.
January 22, 1935
Other
- Newspaper Excerpt
- About $120,000 will be put into circulation today by the First National bank, which is paying its second dividend to depositors
- Source
- newspapers