First National Bank (Thayer, KS)

Episode Information

Episode UID
946501335
Episode Type
Suspension โ†’ Reopening
Bank Type
national
Bank ID
94650 national
Charter Number
9465
Start Date
March 30, 1911
Location
Thayer, Kansas (37.493, -95.470)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
54c3762246aab601

Response Measures

None

Description

Cashier name appears as Pickens/Pickins in articles (OCR/variant).

Events (3)

1. June 29, 1909 Chartered
Source
historical_nic
2. March 30, 1911 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Irregularities in accounts of cashier S. M. Pickens (resigned and left town); bank failed to open and suspended payment.
Newspaper Excerpt
The First National bank of Thayer failed to open this morning. On the door was posted a notice stating that owing to irregularities in the accounts of S.M. Pickens, former cashier, the bank would remain closed pending investigation by national bank authorities.
Source
newspapers
3. May 19, 1911 Reopening
Newspaper Excerpt
The First National Bank of Thayer, which suspended payment March 30 on account of irregularities in the accounts of S. M. Pickins, the cashier, has resumed business with an unimpaired capital of $25,000.
Source
newspapers

Newspaper Articles (2)

Article from The Chanute Times, April 7, 1911

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Article Text

KANSAS BANK CLOSED. Cashier Missing-First National of Thayer Forced to Suspend. Thayer, Kan.-The First National bank of Thayer failed to open this morning. On the door was posted a notice stating that owing to irregularities in the accounts of S.M. Pickens, former cashier, the bank would remain closed pending investigation by national bank authorities. According to the national bank examiner, Pickens resigned a week ago. He left Thayer. His whereabouts is unknown.


Article from The Topeka State Journal, May 19, 1911

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Article Text

Thayer Bank Opens. Thayer, Kan., May 19.-The First National Bank of Thayer, which suspended payment March 30 on account of irregularities in the accounts of S. M. Pickins, the cashier, has resumed business with an unimpaired capital of $25,000.