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 UID
664301621- Episode Type
- Suspension → Closure
- Bank Type
- national
- Bank ID
-
66430national - Charter Number
- 6643
- Start Date
- January 22, 1935
- Location
- Augusta, Kansas (37.687, -96.977)
Metadata
- Model
- gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
- Short Digest
10ec0ca7b9331cb5
Response Measures
None
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%
Description
Article identifies the institution as defunct and paying dividends to depositors, indicating liquidation/receivership.
Events (3)
1.
February 24, 1903
Chartered
- Source
- historical_nic
2.
July 27, 1933
Receivership
- Source
- historical_nic
3.
January 22, 1935
Receivership
- Newspaper Excerpt
- 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
- Source
- newspapers