6952. Farmers National Bank (Phillipsburg, KS)

View Charter #10776 on SPMC

Bank Information

Episode Type
Suspension → Closure
Bank Type
national
Bank ID
10776
Charter Number
10776
Start Date
March 1, 1932*
Location
Phillipsburg, Kansas (39.756, -99.324)

Metadata

Model
gpt-5-mini
Short Digest
31cd0346

Response Measures

None

Receivership Details

Depositor recovery rate
97.8%
Date receivership started
1928-03-02
Date receivership terminated
1931-12-21
Share of assets assessed as good
16.4%
Share of assets assessed as doubtful
78.9%
Share of assets assessed as worthless
4.6%

Description

Multiple contemporary wire articles (Mar–Apr 1932) report that Billie Crider (later Mrs. M.D. Ellison) accepted a post as receiver for the Farmers National Bank at Phillipsburg, indicating the bank was placed in receivership (i.e., suspended and closed). The texts do not describe a depositor run triggering the suspension, nor any reopening; thus classified as suspension leading to closure/receivership. Date not explicitly given in articles; placed in March 1932 per publication dates.

Events (4)
1. September 4, 1915 Chartered
Source
historical_nic
2. March 2, 1928 Receivership
Source
historical_nic
3. March 1, 1932* Receivership
Newspaper Excerpt
she accepted a post as receiver for the Farmers National Bank at Phillipsburg. Later she acted as receiver for three other banks, and now has a receivership for the asking in the western part of the state.
Source
newspapers
4. March 1, 1932* Suspension
Cause
Government Action
Cause Details
Bank placed in receivership and suspended operations; receiver (Billie Crider) appointed per contemporaneous reports
Newspaper Excerpt
she accepted a post as receiver for the Farmers National Bank at Phillipsburg
Source
newspapers

Newspaper Articles (8)
1. April 14, 1928 The Tulsa Tribune Tulsa, OK
Article from The Tulsa Tribune, April 14, 1928

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Article Text

Central West TOPEKA C. Smith cashier and director of the Farmers Nationbank at Phillipsburg, Kan., indicted late Friday federal grand jury here misapplication and of the bank's for making a false report to the comptroller of the currency The bank suspended business on March KANSAS CITY -Senator Daid I Walsh of Massachusetts will be the principal speaker here at the annual Jefferson day dinner the young club Missouri More than 1,000 are expected at the dinner. KANSAS CITY liquorthe aim Mrs IsaC. 56, who Friday for an of $200,000 she alleged her son died drinking industrial alcohol. Mrs. Allen made this assertion in the want to she said to start that will stop this murder by government didn' place of on my boy wouldn't have taken million for CHICAGO man jumped aside to escape being hit by Mrs. Fannie Hutchin's she recognized him as W M. Mitchell for had searched 18 he had robbed her of $3,000 to traffic officer and Mitchell was appre- East JERSEY CITY, N. former residents of Chicago's and twentieth wards scene of bomb preceding the recent election in that were Friday night They are Paul Mas- here 31. who claims to be for mer Democratic judge of in Chicago Nicholas Frank Principi, 27: William 33; 29, and Andrew Tanzello, 25. The men the bomb denied having taken part in Chicago but admitted they fled the city Romiti's they feared for their after having received threats from their political enemies NEW ALBANY Cornelia wife ex Governor of Pennsylvania and Republican candidate for congress from the fifteenth district, charged in an address here Friday night that Congressman T. McFadden. her Republican ponent for the nomination. and ing friends organized whispercampaign of slanders and misrepresentation against her. CHARLOTTE Speaking at founders day ceremony the University of Virginia, Claude G. Bow ers. New York editor told representatives of many states here mark the birthday Thomas Jefferson that "the dangers threatening and institutions are not descending from abroad but from within Caustic reference made to recent scandals involving former officials. STRATFORD good safe place for watch to tive fireman, found one when firing his The crystal was unbroken. which was keeping good time as Sanderson forwarded the owner at a Pennsylvania coal mine.

2. March 20, 1932 The Herald-Sun Durham, NC
Article from The Herald-Sun, March 20, 1932

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Article Text

SHUNS COOKING FOR BANK RECEIVERSHIP Gains Fame As Financial Expert Despite the fact she completed course in home the Kansas State Agricultural College some years ago, pots, pans and pastry did not appeal to Miss Billie Crider. She admits she went through with the course only because of parpressure. Safely out of college and ready for career, she chose banking. Today she is rated as one of the best bank in the state: rated, in fact, superior to most male Mr. and Mrs. Orider believed their daughter should be prepared for the keeping of home: should she care for "career," there was the field of teaching domestic science. But when she was graduated, she got job the Phillips County bank at Phillipsburg Less than year later she got better polsition at Osborne in bank. Three years later she accepted post as receiver for the Farmers Na. tional Bank at Phillipsburg. Later she acted as receiver for three other banks. and now has receivership for state. Since her early ventures in banking she has become Mrs. M. D. ElShe says that while she can cook a meal for her husband, she does not care for the work and much

3. March 22, 1932 The Duncan Banner Duncan, OK
Article from The Duncan Banner, March 22, 1932

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Article Text

WOMAN IS SUCCESS AS BANK RECEIVER Studied Home Economics at College, But Pots and Pans Did Not Lure. Her. A United Press Dispatch) Wichita, Kan. Despite the fact she completed a course majoring in home economics at the Kansas State Agricultural College some years ago, pots, paris and pastry did not appeal to Miss Billie Crider She even admits she went through with the course only because of parental pressure. Safely out of college and ready for career, she chose banking Today the in rated as one of the MRS. W. D ELLISON best bank receivers in the state: rated, in fact, superior to most male receivers. Mr. and Mrs. Crider believed their daughter should be prepared for the keeping of a home: should she care for a "career," there was the field of teaching domestic science But when she was graduated, she got a job as bookkeeper in the Phillips county bank at Phillipsburg. Less than A year later she got a better position at Osborne in a bank. Three years latér she accepted a post as receiver for the Farmers Na. tional Bank at Phillipsburg Later she acted as receiver for three other banks, and now has a receivership for the asking in the wentern part of the state Since her early ventures in bank. ing she has become Mrs. M D. Ellison. She says that while she can cook # meal for her husband, she does not eare for the work and much prefers to devote her time to bank or office matters.

4. March 24, 1932 The Altus Times-Democrat Altus, OK
Article from The Altus Times-Democrat, March 24, 1932

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Article Text

SHUNS COOKING FOR BANK JOBS fact she completed course majoring in home economics at the Kansas State Agricultural College some years ago, pots, pans and pastry did not appeal to Miss Billie Crider. She even admits she went through with the course only because of parental pressure "Safely out of college and ready for career, she chose banking. Today she is rated as one of the best bank receivers in the state: rated in fact. superior to most male Mr. and Mrs. Crider believed their daughter should be prepared for the keeping of a home: should she care for a "career. there was the field of teaching domestic science. But when she was graduated she got job as bookkeeper in the Phillips County bank at Phillipsburg. Less than year later she got better position at Osborne in a bank. Three years later she accepted a post as receiver for the Farmers National Bank at Phillipsburg. Later she acted as receiver for three other banks, and now has a receivership for the asking in the western part of the state Since her early ventures in banking she has become Mrs. M. D. Ellison. She says that while she can cook meal for her husband, she dces not care for the work and much prefers to devote her time to bank or office matters L. O. Mann of Headrick. was an Altus visitor this week. L. R. Hunter of Warren, spent Tuesday transacting business in Altus. R. L. Craig of Clustee. was business visitor part of this week in Altus G. E: Dale of Headrick route one was business visitor part of this week in Altus

5. March 25, 1932 Dayton Daily News Dayton, OH
Article from Dayton Daily News, March 25, 1932

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Article Text

SHUNS COOKING FOR BANK JOBS Pots, Pans and Pastry Fail to Appeal to This Kansas Girl. WICHITA, Kan., March 25.Despite the fact she completed course majoring in home economics at the Kansas state agricultural college some years ago, pots, pans and pastry did not ap peal to Miss Billie Crider She even admits she went through with the course only beparental pressure Safely out of college and ready career, she chose banking, Today rated as one the best bank receivers the state: rated, in fact, superior to most male receivers. Mr and Mrs. Crider believed their daughter should be prepared for the keeping of home; should she care for a 'career there was the field of teaching domestic science But when she was graduated she got as Phillips County bank at Phillips burg. Less than year later she got better position at Osborne Three years later she accepted post as receiver for the Farmers National bank at Phillipsburg. Later she acted as receiver for three other banks, and now has receivership for the asking in the western part of the state Since her early ventures banking she has become Mrs M D. Ellison. She says that while she can cook a meal for her husband, she does not care for the work and much prefers devote her time to bank or office matters.

6. March 27, 1932 Evansville Press Evansville, IN
Article from Evansville Press, March 27, 1932

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Article Text

Cooking Career Is Shunned for Bank Success By United Press WICHITA, Kas., March 26. Despite the fact she completed course majoring in home economics at the Kansas State Agricultural College some years ago, pots, pans and pastry did not appeal to Miss Billie Crider. She even admits she went thru with the course only because of parental pressure. Safely out of college and ready for career, she chose banking Today she is rated as one of the best bank receivers in the state rated, in fact, superior to most male Mr. and Mrs Crider believed their daughter should be prepared for the keeping of home: should she care for "career, there was the field of teaching domestic science. But when she was graduated, she got job as bookkeeper in the Phillips County Bank at Phillipsburg. Less than year later she got better position at Osborne in bank. Three years later she accepted a post as receiver for the Farmers' National Bank at Phillipsburg. Later she acted as receiver for three other banks and now has receivership for the asking in the western part of the state. Since her early ventures in banking she has become Mrs. M. D. Ellison. She says that while she can cook meal for her husband, she does not care for the work and much prefers to devote her time to bank or office matters.

7. April 1, 1932 Oakland Tribune Oakland, CA
Article from Oakland Tribune, April 1, 1932

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Article Text

Home Economics Girl Now Bank Receiver fact she completed course majoring in home economics at the Kansas State Agricultural college some years ago, pots, pans and pastry did not appeal to Miss Billie When she was graduated, she got job as bookkeeper the Phillips county bank at Phillipsburg. Less than year later she got better position at Osborne in bank. Three years later she accepted post as receiver for the Farmers National bank at Phillipsburg. Later she acted as receiver for three other banks and now has a receivership for the asking in the western part of the state, Since her early ventures in banking she has become Mrs. M. D. Ellison.

8. April 4, 1932 Elizabethton Star Elizabethton, TN
Article from Elizabethton Star, April 4, 1932

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Article Text

SONG AND DANCE ACT FOR STYLES WICHITA, the fact she complted course majoring in home economics at the Kansas State Agricultural College some years ago, pots, pans and pastry did not appeal to Miss Billie Crider She admits she went through with the course only because of parental pressure Safely out of college and ready for she chose banking Today she is rated as one of the best bank receivers in the state: rated, in fact, superior to most male receivers Mr. and Mrs Crider believed their daughter should be prepared for the pared for the keeping of home: keeping home: should she care for "caree there was the field of teaching domestic science But when she graduated. she got job bookkeeper the Phillips County bank Phillipsburg. Less than year later she got better position at Osborne in bank Three years later post as receiver for the Farmers National Bank at Phillipsburg. Later she as receiver three other banks receivership for asking in the western part the Since carly ventures in bankng she has become M. Ellison. She says that while an cock her husband. she not care for the and much profers to her time bank or office