Lake City Bank - Lake City, AR

Episode Information

Episode UID: 81069771604
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 8106977 routing
Routing Number: 81-0697
Start Date: August 1, 1933
Location: Lake City, Arkansas (35.816, -90.434)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: f6c2d45c88649540

Response Measures

None

Description

Article names a liquidating agent and states the bank has closed and will pay depositors in full.

Events (2)

1. August 1, 1933 Receivership

Newspaper Excerpt: Lake City Bank To Pay 100 Cents Herbert Parker, liquidating agent for the Bank Lake today stated that bank would ... pay depositors 100 cents on the dollar.
Source: newspapers

2. August 1, 1933 Suspension

Cause: Voluntary Liquidation
Cause Details: Bank closed and a liquidating agent was handling payout to depositors; described as in liquidation and paying 100 cents on the dollar.
Newspaper Excerpt: liquidating agent for the Bank Lake today stated that bank would the first bank in Craighead County, that has closed.
Source: newspapers

Newspaper Articles (1)

1. August 1, 1933 The Sun Jonesboro, AR

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Article Text

Lake City Bank To Pay 100 Cents Herbert Parker. liquidating agent for the Bank Lake today stated that bank would the first bank in Craighead County, that has closed. to pay depositors 100 cents on the dollar. Only two unpaid notes remain against the bank, one for $3,400 and the other for Assets over $22,000 with $10,800 deposits.