First National Bank - Abbeville, LA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 5807
Charter Number: 5807
Start Date: March 16, 1932
Location: Abbeville, Louisiana (29.975, -92.134)

Metadata

Model: gpt-5-mini
Short Digest: 4e6a1281

Response Measures

None

Receivership Details

Date receivership started: 1932-02-05
Date receivership terminated: 1932-03-16

Description

Article (Evening Star, 1932-03-17) reports First National Bank of Abbeville as one of two recently suspended banks that opened yesterday. No article text mentions a prior run or cause for the suspension, so I classify this as a suspension followed by reopening with unknown cause.

Events (5)

1. May 11, 1901 Chartered

Source: historical_nic

2. February 5, 1932 Receivership

Source: historical_nic

3. March 16, 1932 Reopening

Newspaper Excerpt: Abbeville's two recently suspended banks ... opened yesterday. The institutions are the First National Bank of Abbeville, the Abbeville Bank & Trust Co. and the Farmers & Merchants Bank of Breaux Bridge.
Source: newspapers

4. March 16, 1932 Restored To Solvency

Source: historical_nic

5. * Suspension

Cause Details: Article only refers to the bank as a recently suspended institution; no cause given.
Newspaper Excerpt: Abbeville's two recently suspended banks, together with the bank at Breaux Bridge, near here, opened yesterday.
Source: newspapers

Newspaper Articles (1)

1. March 17, 1932 Evening Star Washington, DC

Article from Evening Star, March 17, 1932

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Article Text

DIXIE BANKS REOPEN ABBEVILLE, La., March 17 (AP).Abbeville's two recently suspended banks, together with the bank at Breaux Bridge, near here, opened yesterday. The institutions are the First National Bank of Abbeville, the Abbeville Bank & Trust Co. and the Farmers & Merchants Bank of Breaux Bridge. The city was decorated and celebrating.