State Bank (Webber, KS)

Episode Information

Episode Type
Run → Suspension → Closure
Start Date
September 25, 1930
Location
Webber, Kansas (39.935, -98.035)
Bank Type
state
Routing Number
83-1078

Metadata

Events (3)

1. September 25, 1930 Run
Cause
Bank Specific Adverse Info
Cause Details
Directors attributed the run to the bank's insufficient earnings
Newspaper Excerpt
Directors Say Insufficient Earnings and Run Responsible.
Source
newspapers
2. September 25, 1930 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank was closed by directors citing insufficient earnings and a run
Newspaper Excerpt
The State Bank of Webber, County, Kan., was closed last Thursday
Source
newspapers
3. June 24, 1932 Receivership
Newspaper Excerpt
C. W Johnson, state bank receiver, will pay ... the Webber State 10 per cent each on July 2.
Source
newspapers

Newspaper Articles (2)

Article from The Belleville Telescope, October 2, 1930

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Article Text

WEBBER BANK IS CLOSED

Directors Say Insufficient Earnings and Run Responsible.

The State Bank of Webber, County, Kan., was closed last Thursday order board of directearnings and given ns reasons for the bank's last statement to the banking commission showed capital. surplus, 201 deposits. $48,675 loans and counts, and bills payable.

OPENS NEW Lloyd Lomax this week opened electric shop. portion of the King Equipment Mr. Lomax to from will feature house wiring, and repair The Electric Shop.


Article Text

MAKE BANK PAYMENTS

Topeka, June 24-C. W Johnson, state bank receiver, will pay a per cent dividend to the Citizen State bank of Belle Plaine today. The Commercial State at Lindsborg will receive 10 per cent June 30, the Peoples State of Hoisington 20 per cent the same day, the Buffalo State and the Webber State 10 per cent each on July 2.