i t i 9 X-3962 BANKS REPORTED CLOSED

WEEK ENDED FEBRUARY 6, 1931 CONFIDENTIAL

Member tanks indica ted by an a s t e r i s k ( * ) . Date Surplus Total

Name o f Bank City Sta te closed Capi ta l & p r o f i t s deposi ts

D i s t r i c t No. 3 •Peoples National Bank Osceola Mil ls Pa. Feb. 2 100,000 40,000 358,000

S * s t r i c t No. 4 Guaranty Bank & Tr.Co. Lexington Ky. Feb. 2 250,000 81,000 3,063,000 •Merchants S ta t e Bank New Philadelphia. ,0. Jan. 3 1 150,000 57,000 698,000

S t i l l w a t e r Valley Bk. Covington Ohio Feb. 4 50,000 19,000 252,000 Peoples Stoke Bank E. P i t t sburgh Pa. ft 4 50,000 18,000 448,000 Farmers Bank Utica Ohio " S 5 10,000 3,000 88,000 Miners S ta t e Bank New Salem Pa. it 6 25,000 9,000 376,000

D i s t r i c t No. 6 •F i r s t National Bank Panama Ci ty F l a . Feb. 2 250,000 168,000 1,100,000 Peoples Bank Cleveland Tenn. tt 3 50,000 22,000 398,000 Ma Comb Svgs «lk.& Tr.Co.,ifcComb Miss. Jan . 21 35,000 17,000 630,000 Mechanics S t a t e Bank IfcComb If 21 75,000 27,000 1,041,000 Peoples Bank Utica it ft 20 18,000 11,000 166,000 Farmers Tr .& Svgs.Bk. Lockport La. ft 19 50,000 29,000 239,000

D i s t r i c t No. 7 Rochelie Tr.& Svgs.Bk Rochelie 111. Jan . 31 150,000 125,000 903,000 Cit izens S ta te Bank Denver Ind. tt 31 25,000 3,000 132,000

• F i r s t Tr .& Svgs.Bank Hammond It Feb. 2 1,000,000 1,149,000 7,389,000 Calumet Ci ty S ta te Bk Calumet Ci ty 111. ft 2 50,000 17,000 660,000 Lansing Stat e Bank Lansing 111. tt 3 100,000 100,000 573,000 Farmers & Merchants

Savings Bank Highland Ind. ft 4 25,000 13,000 206,000 Cadil lac Savings Bank D e t r o i t Mich. Sept . 9 - 101,000

with branch a t* Hrmtramck It

Sta te Trust & Sav-ings Bank Peoria 111. Feb. 6 200,000 307,000 1,971,000

D i s t r i c t No. 8 Farmars Bank New Bofton Mo. Jan . 31 15,000 mm 84,000 Farmers Savings Bank West P la ins

Ramsey; it tt 31 25,000 10,000 125,000

Peoples S ta te Bank West P la ins Ramsey; 111. Feb. 4 30,000 16,000 136,000

Carro l l County Bank CarroH,ton Miss. tt 5 15,000 5,000 192,000 •F i r s t National Bank Waverly 111. tt 5 100,000 5,000 450,000 Peoples Bank Weir Miss. ft 6 10,000 10,000 340,000

D i s t r i c t No. 9 farmers & Merchants

S ta te Bank Kensington Minn. Jan. 31 15,000 2,000 131,000 Circle S t a t e Bank Ci rc l e Mo n t . tt 31 20,000 ' — 48,000 Pioneer: Bank Bot t ineau N.Dak.Feb. 2 25,000 10,000 117,000 F i r s t S t a t e Bank J e f f e r s o n S.Dak M 4 10,000 9,000 88,000

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

• 2 -

Member "banks ind ica ted "by an a s t e r i s k (*)

X-3962

Week ended February 6, 1931 Date Surplus Tota l

Name of Bank Ci ty Stat e closed Capital & p r o f i t s depos i t s

D i s t r i c t No. 10 GfWron Trust Co. Cameron Kb. Jan . 31 100,000 71,000 538,000 S t a t e Bank of Paxico Paxico Kans. Feb. 2 16,000 21,000 175,000

H i s t r i o t No. 11 • F i r s t National Bank Irene Texas Feb. 3 25,000 6,000 177,000 •American National Bank P a r i s i» " 5 150,000 181,000 1,382,000

D i s t r i c t No. 12 ^Aurora S t a t e Bank Aurora Oreg. Feb. 5 25,000 5,000 365,000

Date CLOSED BANKS REOPENED s Opened

D i s t r i c t No. 6 Mechanics S t a t e Bank McComb Miss. 1—21—51 75,000 27,000 2- 4-31

D i s t r i c t No. 8 •Bank of Marvel! Marveil Ark. 1 - 2-31 50,000 26,000 1-31-31 Bank of Oxford Oxford M 11-19-30 10,000 4,000 2— 2—31 Merchants & P l an t e r s

Bank & Trust Co. Arkadelphia II 12-20-30 75,000 24,000 2 - 2-31 .Corinth S t a t e Bank Corinth Hiss . 12-26-30 50,000 13,000 1-30-31 .American Exchange Bank Lesl ie Ark. 12-17-30 15,000 2,000 2 - 3-31 Sta$e Bank of Decatur Decatur ii 1-27-31 10,000 . 4,000 2- 5-31 Bank of Ethel E the l Miss. 12-26-30 10,000 8,000 2— 5—31 Bank of Winona WiriOna. ii 1-10-31 50,000 44,000 2— 5—31

. Exchange Bank & Tr . Co. Dermott Ark. 11-19-30 75,000 25,000 2- 5-31 (reopened under new char t e r )

Formers & Merchants Sta te Bank Green Fores t " 12-18-30 10,000 9,000 2 - 5-31 (reopened under new char te r and name of Ci t izens S t a t e Bank)

Vic tor ia Bank Strong Ark. 11-19-30 25,000 15,000 2 - 5-31 (reopened under new char te r and t i t l e of Ci t izens Bank)

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