First State Bank (Tiskilwa, IL)

Episode Information

Episode UID
70092571585
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7009257 routing
Routing Number
70-0925
Start Date
January 4, 1932
Location
Tiskilwa, Illinois (41.292, -89.506)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
cd545e479b014713

Response Measures

None

Description

Closure began with an official examination; later articles show a receiver and dividend payments.

Events (2)
1. January 4, 1932 Suspension
Cause
Government Action
Cause Details
Closed for official examination and adjustment by banking authorities.
Newspaper Excerpt
CLOSE TISKILWA BANK First State Bank of Tiskilwa was closed today for examination and adjustment Schertz president and Arthur Hedrick cashier,
Source
newspapers
2. June 22, 1934 Receivership
Newspaper Excerpt
Deputy Receiver Dan Grant ... announced this week that ... additional five percent dividend ... paid to depositors of the former First State Bank of Tiskilwa ... building sold recently ... the upstairs of the building ... is occupied ... the ground floor is operated ... hospital the ground floor.
Source
newspapers

Newspaper Articles (2)
1. January 4, 1932 Waukegan News-Sun Waukegan, IL

Article Text

CLOSE TISKILWA BANK First State Bank of Tiskilwa was closed today for examination and adjustment Schertz president and Arthur Hedrick cashier, TREASURY BALANCE WASHINGTON Jan. treasury net balance Dec. was that day were Customs receipts month through Dec. 31 were $26,549,413.25 ISSUE BANK CALLS SPRINGFIELD Jan. The Auditor Public Accounts issued call today for the condition of all banks the business Thursday, December 31. 1931 WASHINGTON Jan (/P)-The comptroller currency issued call today for the condition of National banks the close of business Thursday, December 31, 1931. COFFEE NEW YORK, Jan.

2. June 22, 1934 Bureau County Tribune Princeton, IL

Article Text

Declare Dividend Cars Collide In At Tiskilwa Bank Coal Hollow Deputy Receiver Dan Grant of the As Robert Gilson and wife closed State Banks in Bureau Countheir way to Michigan Sunday announced this week that they were struck by ditional five percent dividend driven by Albert Mr. ing paid to depositors of the former Mrs. Gilson were to get trying First State Bank of The their destination time for in bank buliding sold recently They were going the Coal down Woods for consideration low Hill when Mead's car turned The upstairs of the build- the driveway and struck is occupied by doctor. dentist hard car enough to overturn it. and lawyer. is operated Gilson the hospital the ground floor. tured rib and bruises.