First National Bank - Thayer, KS

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: a2411c4a

Response Measures

None

Description

Bank suspended on March 30, 1911 because of irregularities in accounts by cashier S.M. Pickens (missing). The bank resumed business May 19, 1911 with unimpaired capital. No run is mentioned 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 cashier S. M. Pickens (cashier resigned and left town; whereabouts unknown).
Newspaper Excerpt: KANSAS BANK CLOSED. Cashier Missing-First National of Thayer Forced to Suspend. ... 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: Thayer Bank Opens. ... 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.