First National Bank (Charlo, MT)

Episode Information

Episode UID
1116501490
Episode Type
Suspension โ†’ Closure
Bank Type
national
Bank ID
111650 national
Charter Number
11165
Start Date
February 20, 1924
Location
Charlo, Montana (47.439, -114.172)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
205f2b9b81050bef

Response Measures

None

Receivership Details

Depositor recovery rate
94.2%
Date receivership started
1924-02-20
Date receivership terminated
1928-10-31
OCC cause of failure
Economic conditions
Share of assets assessed as good
33.2%
Share of assets assessed as doubtful
63.8%
Share of assets assessed as worthless
3.1%

Description

Articles report a receiver change for the Charlo First National; known federal receivership date (1924-02-20) is earlier than these articles.

Events (3)

1. April 12, 1918 Chartered
Source
historical_nic
2. February 20, 1924 Receivership
Source
historical_nic
3. February 20, 1924 Receivership
Newspaper Excerpt
has been receiver of the First National banks Ronan and Charlo. Mr. Swan will handle the affairs of all three banks and will be assisted by Livingston.
Source
newspapers

Newspaper Articles (10)

Article from The Searchlight, November 18, 1925

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Article Text

Receiver for Three Banks R. Riddick, who been receiver the First National bank of Polson since closed year and half ago, has and has been succeeded Swan, who receiver the by First National banks at and Charlo. Mr. Swan handle the afof all three banks and will assisted by Livingston.


Article from Belt Valley Times, November 19, 1925

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Article Text

Receiver for Three Banks Riddick, has been receiver the First National bank of Polson since closed and half ago, has resigned and has been Swan, who of the First National banks and Charlo. Mr. Swan will handle the fairs of all three banks and will assisted by Livingston.


Article from The Yellowstone, November 19, 1925

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Article Text

Receiver for Three Banks R. has been receiver of the First National bank Polson since closed year and half has resigned and has been succeeded Swan, who receiver of the First National banks and Charlo. Mr. Swan will handle the fairs of all three banks and will assisted by Livingston.


Article from The Columbus News, November 19, 1925

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Article Text

Receiver for Three Banks Riddick. has been receiver the First National bank Polson since closed and half has resigned and has been succeeded Swan, who receiver of the First National banks Ronan and Charlo. Mr. Swan will handle fairs all three banks and will assisted by Livingston.


Article from Jefferson Valley News, November 19, 1925

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Article Text

Receiver for Three Banks of the First National bank of Polson since closed year and half ago, has resigned and has been succeeded Swan. who receiver of the First National banks and Charlo. Mr Swan will handle the affairs of three banks and assisted by Livingston.


Article from The Kremlin Chancellor, November 20, 1925

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Article Text

Receiver for Three Banks who has been receiver the National bank Polson since closed year and half has resigned and has been succeeded by Swan, who receiver of the First National banks Ronan and Charlo. Mr. Swan will handle the fairs all three banks and will be assisted by Livingston.


Article from Plevna Herald, November 20, 1925

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Article Text

Receiver for Banks Riddick, who has of the First National bank of Polson since closed year and half has and Swan, who receiver the First National banks Ronan and Charlo. Mr. Swan will handle the fairs of all three banks and will be assisted by Livingston.


Article from The Wibaux Pioneer-Gazette, November 26, 1925

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Article Text

Receiver for Three Banks Riddick. been receiver of the First National bank of Polson since closed year and half ago resigned and has been who receiver of the First National banks Ronan and Charlo. Mr. Swan will handle all three banks and will assisted by Livingston.


Article from The Powder River County Examiner, November 27, 1925

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Article Text

Receiver for Three Banks been National bank Polson since closed year and half has resigned and has been succeeded Swan. receiver First National banks and Charlo. Mr. Swan will handle fairs all three banks and will assisted Livingston.


Article from News-Herald, November 19, 1926

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Article Text

Receiver for Three Banks Riddick, has been of the First National bank of Polson since closed year and ago, has and has been by who the First National banks Charlo. Mr. Swan will handle the fairs all three banks and will assisted by Livingston.