First National Bank - Lake Village, AR

Episode Information

Episode UID: 1363201582
Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 136320 national
Charter Number: 13632
Start Date: October 1, 1931*
Location: Lake Village, Arkansas (33.329, -91.282)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: e22d889515422a3f

Response Measures

None

Description

Article states the bank closed in October and a federal receiver announced reorganization and reopening.

Events (4)

1. October 1, 1931* Suspension

Cause: Government Action
Cause Details: Bank closed last October and placed under a federal receiver (Jay M. Riley) prior to reorganization.
Newspaper Excerpt: The First National Bank at Lake Village, closed last October, has been reorganized...
Source: newspapers

2. August 31, 1932 Chartered

Source: historical_nic

3. September 5, 1932 Reopening

Newspaper Excerpt: The First National Bank at Lake Village... has been reorganized and will reopen Monday to pay depositors 100 cents on the dollar, Jay M. Riley, Federal receiver, announced today.
Source: newspapers

4. November 9, 1937 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. September 3, 1932 Evening Star Washington, DC

Article from Evening Star, September 3, 1932

Click image to open full size in new tab

Article Text

National Bank Reopens. PINE BLUFF, Ark., September 3 (AP). -The First National Bank at Lake Village, closed last October, has been reorganized and will reopen Monday to pay depositors 100 cents on the dollar, Jay M. Riley, Federal receiver, announced today. The new bank has a capital of $50,000.