Peoples First National Bank (White Hall, IL)

Episode Information

Episode UID
712101590
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
71210 national
Charter Number
7121
Start Date
June 10, 1932
Location
White Hall, Illinois (39.437, -90.403)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
5f20b8fd00ac5fb4

Response Measures

None

Receivership Details

Depositor recovery rate
69.8%
Date receivership started
1930-03-20
Date receivership terminated
1935-10-31
OCC cause of failure
Economic conditions
Share of assets assessed as good
42.6%
Share of assets assessed as doubtful
54.3%
Share of assets assessed as worthless
3.0%

Description

Articles refer to a receiver and dividend payments for a 'First National' / 'People's National Bank' in White Hall; name variants/OCR uncertainty.

Events (3)

1. February 3, 1904 Chartered
Source
historical_nic
2. March 20, 1930 Receivership
Source
historical_nic
3. June 10, 1932 Receivership
Newspaper Excerpt
the receiver will paid the depositors 60 per cent dividends.
Source
newspapers

Newspaper Articles (2)

Article from Jacksonville Journal Courier, June 10, 1932

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Article Text

RECEIVER TO PAY DIVIDEND Lawrence Short of Greenfield Dies; Greene Teacher is Married White Hall, Ill., June Allen. for First National Bank this which closed doors, antoday that another per cent be paid depositabout 20. This will be the third paid by the receiver since he took charge the institution. The first dividend per for 10. When the checks paid on June 20, the ceiver will paid the depositors 60 per cent dividends. Short Dies Short, died home Greenfield. night 11 an several months. He was 73 years Short survived by one daughMiss Eddalee Short in the home. Newton Short, resides farm near and Harley Short, of His wife died in March and daughter, Lulu, died in January. Funeral services will held Friday afternoon from Pleasant Point Baptist Church north Greenfield. Johnson of Jacksonville charge. Burial will in Oakwood cemetery. Announce Marriage The Miss Augusta Close Mrs. Close White and Otto H. Hallett, Decatur here today, by visiting her mothwas Ind., February 20. Frank McLaughlen. Mrs. Hallett of White Hall High Illinois College She taught in the Hall school faculty the Illinois high school for the past three Mrs. Hallett expects to attend Illinois summer obtain Hallett prominent farmer Decatur.


Article from Jacksonville Journal Courier, December 31, 1932

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Article Text

CLASS HOLDS ANNUAL PARTY AT WHITE HALL HOME White Hall, Dec. Good Will class the Methodist school met Thursday and held annual party the home of Mrs. H. Childers on North Main street. Mrs. Childers was assisted Mrs. Olive Fitzjerrall, Mrs. Perry White and Mrs. Emma Spears Ther were twenty ladies present A business was held election of officers for next resulted in retaining the officers. Mrs. Rose teacher the class: Mrs Edward Hitch president; Mrs. Fred Mitts. vice Mrs. John Strang Allen Branna, An change of gifts was held and the tesses The January be held at the home of Mrs Fred Mitts. with the as short program was given the the business which cluded two numbers by Mrs Hornbeck and daughter. Mildred, Roodhouse, who sang duet, Mrs. Arthur Shankle of Jackson: also number and Mrs. John Strang of White Hall gave two readings. Miss Mary Callans spent two days this week with her sister, Kathryn Callans, in Gillespie Miss Kathryn Callans assistant to the bank ceiver, W. H. Allen. who in of the defunct bank Gillespie. Waverly and the People's National Bank White Hall. Mr. and Mrs. Howard Kessie