Home National Bank (Cleburne, TX)

View Charter #10411 on SPMC View balance sheet

Episode Information

Episode UID
1041101512
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
104110 national
Charter Number
10411
Start Date
December 19, 1925
Location
Cleburne, Texas (32.348, -97.387)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c236bbd607d7baf0

Response Measures

None

Receivership Details

Depositor recovery rate
59.8%
Date receivership started
1925-12-28
Date receivership terminated
1931-06-10
OCC cause of failure
Governance
Share of assets assessed as good
27.5%
Share of assets assessed as doubtful
40.7%
Share of assets assessed as worthless
31.8%

Description

Known receivership date (1925-12-28) used as authoritative for closure.

Events (4)
1. June 24, 1913 Chartered
Source
historical_nic
2. December 19, 1925 Suspension
Cause
Government Action
Cause Details
Board of directors placed the bank in the hands of national bank examiners, causing the bank to remain closed at opening.
Newspaper Excerpt
The Home National Bank of Cleburne remained closed today when the hour for the opening came. The institution was placed in the hands of national bank examiners by the board of directors.
Source
newspapers
3. December 28, 1925 Receivership
Source
historical_nic
4. December 28, 1925 Receivership
Newspaper Excerpt
The institution was placed in the hands of national bank examiners by the board of directors.
Source
newspapers

Newspaper Articles (2)
1. December 20, 1925 The Springfield Daily Republican Springfield, MA
Article from The Springfield Daily Republican, December 20, 1925

Click image to open full size in new tab

Article Text

MORE WESTERN BANKS FAIL TO OPEN DOORS First National of Rifle, Col., Sixth in That State Closed in Three Days Dec. First National bank of capital $25,000 and total resources of $200,000, closed yesterday. L. K. Roberts. national bank examiner, announced today. The was taken at the initiative the This bank closed in Colorado in The other five suburban banks. Closed by Directors Tex., Dec. Home National bank Cleburne mained closed today when hour opening came. institution closed and placed in the hands national bank by order the board of directors. Run Closes Bank Mason City, Iowa. The Security National bank failed to morning The closing was ordered by the board Urectors early in the week. which the cash on deposit to an extent that further operation deemed unwise

2. December 20, 1925 The Baltimore Sun Baltimore, MD
Article from The Baltimore Sun, December 20, 1925

Click image to open full size in new tab

Article Text

Closing Of Sixth Bank Announced In Colorado First National, or Rifle, Latest In Chain To Suspend In Three Days. Denver, Col., Dec. 19 (AP).-The First National Bank of Rifle, with capital of $25,000 and resources $200,000, closed yesterday, L. K. Roberts, national bank examiner, announced today. The action was taken at the initiative of the directors. This is the sixth bank closed in Colorado in three days. Texas Bank Closed. Cleburne, Texas, Dec. 19 (A).-The Home National Bank of Cleburne remained closed today when the hour for the opening came. The institution was placed in the hands of national bank examiners by the board of directors. Iowa House Closes After Run. Mason City, Iowa, Dec. 19 (A).-The Security National Bank failed to open this morning. The closing was ordered by the directors after a run which depleted cash on deposit. Victoria (B. C.) Records Quake. Victoria, B. C., Dec. (P).Gonzales Observatory, here, recorded an earthquake, beginning at 8.22 this morning and lasting two hours. The disturbance was placed 5,500 miles to the southwest.