Rockport Deposit Bank (Rockport, KY)

Episode Information

Episode UID
73058671518
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7305867 routing
Routing Number
73-0586
Start Date
June 12, 1926
Location
Rockport, Kentucky (37.334, -86.996)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
348e4701ac5a40a0

Response Measures

None

Description

OCR errors in Article 1 corrected (dobrs -> doors).

Events (1)

1. June 12, 1926 Suspension
Cause
Voluntary Liquidation
Cause Details
Closed and placed assets with state banking commissioner for voluntary liquidation after frozen loans caused the failure
Newspaper Excerpt
The Rockport Deposit Bank, Ohio closed its dobrs today and placits assets in the hands of the banking commissioner for voluntary liquidation
Source
newspapers

Newspaper Articles (2)

Article from The Paducah Sun, June 13, 1926

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Article Text

Ohio County Bank Forced To Close Doors The Rockport Deposit Bank, Ohio closed its dobrs today and placits assets in the hands of the banking commissioner for voluntary liquidation, Phillips, deputy state banking nounced tonight on his arrival Owensboro from Rockport. The bank organized in 1904 and has capital stock of $15,000; surplus $6,000; deposits $58,000 and loans and discounts of $51,000. Dr. Park, Rockport, president and R. Reed cashier. Mr. Phillips estimated the depositors will in time be paid in full, but will probably require against the stockholders to do Frozen loans caused the bank's failure, Mr. Phillips stated.


Article from The Owensboro Messenger, June 13, 1926

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Article Text

SMALL BANK IN COUNTY IS FORCED TO CLOSE Rockport Deposit Had Capital of $15,000 and Deposits of $58,000; To Pay In Full, Claim. The Rockport Deposit bank, of Rockport, Ohio county, closed its doors Saturday and placed its assets in the hands of the banking commissioner for voluntary liquidation, S. A. Phillips, deputy state banking commissioner announced on his arrival in Owensboro last night. The Rockport Deposit bank was organized 1904. A. D. Park, president: Elizabeth Harrel. vice president: R. Reed, cashier, and Bert Bennett, assistant cashier. Capital Stock $15,000 The capital stock of the bank (Continued on Page Seven)