gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
933155e5a41851bf
Response Measures
None
Receivership Details
Depositor recovery rate
31.3%
Date receivership started
1926-10-08
Date receivership terminated
1930-06-30
OCC cause of failure
Economic conditions
Share of assets assessed as good
38.2%
Share of assets assessed as doubtful
21.5%
Share of assets assessed as worthless
40.3%
Description
Receivership date matches known government receiver reports cited in articles.
Events (4)
1.March 17, 1905Chartered
Source
historical_nic
2.October 7, 1926Suspension
Cause
Bank Specific Adverse Info
Cause Details
Bank suspended operations Oct. 7, 1926 and was placed in the receiver's charge; articles describe it as closed rather than a rumor-driven temporary stoppage.
Newspaper Excerpt
When the bank suspended operations Oct. 7. 1926, and was placed in Cooper's charge, liabilities were $285,974.09.
Source
newspapers
3.October 8, 1926Receivership
Source
historical_nic
4.October 8, 1926Receivership
Newspaper Excerpt
Receiver to Distribute $30,000 to Depositors; Closed Oct. 7, 1926. ... When the bank suspended operations Oct. 7. 1926, and was placed in Cooper's charge, liabilities were $285,974.09.
Source
newspapers
Newspaper Articles (19)
1.October 9, 1926The Perry JournalPerry, OK
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Article Text
Hugo Bank Fails To Open Doors Saturday
HUGO, Okla., Oct., 9-(.P)-The Citizen State bank of Soper, 10 miles west of here did not open for business this morning. The institution was closed by the vote of the board of directors. The failure of the Soper bank followed the closing of the First National bank at Boswel yesterday and a run on the Soper bank. The Citizens State bank was established more than a year ago to take the place of the Liberty State bank, which failed in May 19, 1925.
2.October 9, 1926The Vinita Daily JournalVinita, OK
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Article Text
SOPER STATE BANK CLOSES ITS DOORS
Board of Directors Vote to Close Institution- Established More Than Year Ago to Replace Liberty
[By The Associated Press] HI Okla., Oct 9.-The Citizens State bank of Soper, ten miles west of here, did not open for business this morning The institution as closed by a vote of the board of directors. The failure of the Soper bank fol. lowed the closing of the First National bank at Boswell yesterday and run on the Soper bank. The Citi zens State bank was established 2 Modern 5 room more than a year ago to take the rent near high school Phone place if the Liberty State 215. J. R. bank Agent 8-tf which failed May 19. 1925
3.October 9, 1926Muskogee Times-DemocratMuskogee, OK
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Article Text
RUN ON SOPER BANK LEADS TO CLOSURE PROTECTION zen's State bank of Soper, 15 miles west of here. did not open for business this The institution was closed by a vote of the board of directors Failure of the Soper bank followed on the heels of the closing of the First National bank at Boswell, also in the same section of Choctaw county, yes. terday. A run on the Soper bank yesterday caused the directors to close the bank for the benefit of depositors. A statement of the bank's condition at the close of business June 30. last, showed individual deposits of $36,863.32 and time certificates of 1,792.07. Loans and discounts amounted to $37,046.2 The statement was signed by F. R. Crain, cashier, and R. E. Crossett, W. M. Yeargan and L. E. Butler. as directors. The Citizens' State bank was 05. tablished over year ago ' take the place of the Liberty State bank, which failed in 1925.
4.October 10, 1926Henryetta Daily Free-LanceHenryetta, OK
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Article Text
Oct. Citizens State bank of Soper, 10 miles west of here, did not for business today. open The institution was closed by vote of its board of directors. of the Soper bank followed the ure heels of the closing of the First National bank Boswell in the same section of Choctaw county yesterday on the Soper bank yesterday caused the directors to close the bank for the benefit of depositors. The statement signed by and Crosssett, M. Yeargan and Butler rectors. The Citizens State bank established more than year ago take the place of the Liberty bank which failed in 1925.
5.October 10, 1926Sunday Times DemocratOkmulgee, OK
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Article Text
SOPER BANK CLOSES FOLLOWING BIG RUN
Oct. Citizens' State bank of Soper. 10 miles west of here. did not open for this morning. The institution was closed by vote of its board of directors. Failure the Soper bank followed on the heels of the closing of the First National bank at Boswell, also in the section of Choctaw yesterday. the Soper bank yesterday caused the directors to close the bank for the benefit of depositors. statement of the bank's condition at the of business June 30, last. showed Individual deposits of time certificates $1,792.07. Loans discounts amounted to $37,046.24.
6.October 10, 1926The Daily ArdmoreiteArdmore, OK
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Article Text
Soper Bank Fails to Open Its Doors
HUGO, Oct. 9.-(P)-The Citizens State bank of Soper. 10 miles west of here, did not open for business today The institution was closed by a vote of its board of directors. Failure of the Soper bank followed on the heels of the closing of the First National bank at Boswell, in the section of Choc. taw county, yesterday. A run on the Soper bank yesterday caused the directors to close the bank for the benefit of the depositors. The statement was signed by F. R. Crain, cashier and R. E. Crossett, W M. Yeargan and L. E. Butler as direct ors. The Citizens State bank was established more than a year ago to take the place of the Liberty State bank which falled in May. 1925
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7.October 10, 1926Pawhuska Journal-CapitalPawhuska, OK
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Article Text
Soper Bank Closes Doors To Business
HUGO, Okla., Oct. 9. (P)-The Citizens' State Bank of Soper, 10 miles west of here, did not open for business this morning.
The institution was closed by a vote of its board of directors. Failure of the Soper bank followed on the heels of the closing of the First National Bank at Boswell, also in the same section of Choctaw county, yesterday.
A run on the Soper bank yesterday caused the directors to close the bank for the benefit of depositors. A statement of the bank's condition at the close of business June 30, last, showed individual deposits of $36,836.32 and time certificates of $1.792.07. Loans and discounts amounted to $37,046.24.
The statement was signed by F. R. Crain, cashier, and R. E. Crossett, William Yeargan and L. E. Butler, as directors. The Citizens' State bank was established over a year ago to take the place of the Liberty State bank which failed in May 1925.
8.October 10, 1926Tulsa WorldTulsa, OK
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Article Text
SOPER BANK CLOSES TO SAVE DEPOSITORS
Second to Shut Its Doors in Choctaw County Within Two Days
HUGO. Oct. 9 (A.P.)-The Citizens' State bank of Soper, 10 miles west of here, did not open for bustness this morning. The Institution was closed by a vote of its board of directors. Failure of the Soper bank followed on the heels of the closing of the First National bank at Boswell, also in the same section of Choctaw county, yesterday. A run on the Soper bank yesterday caused the directors to close the bank for the benefit of depositors. A statement of the bank's condition at the close of business June 30, last, showed individual deposits of $36.863.82 and time certificates of $1,792.07. Loans and discounts amounted to $37,046.24. The statement was signed by F. R. Crain, cashier, and R. E. Crossett, W. M. Yeargin and L. E. Butler, as directors. The Citizens' State bank was established over a year ago to take the place of the Liberty State bank which failed in May, 1925. an opportunity to give him that eye. "He assailed me because am Catholic, an Irishman, a Knights of Columbus. I was no less the same when I accommodated him, even though he was a Baptist preacher. "If the souls of the departed really are cognisant with what transpires on earth. cannot but wonder what Thomas Jefferson must be thinking about this afternoon when he sees in what hands his beloved democracy has its keeping in Oklahoma."
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9.June 16, 1927The Antlers AmericanAntlers, OK
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Article Text
RECEIVER OF HUGO BANK TO PAY PERCENT dividend of percent on assets defunct City National bank of Hugo to soon, according advices received by Roy Cooper, ceiver the institution, from the currency The bank May 27, 1925 and Roy Cooper, been named receiver for the Hugo National bank, in of its fairs. To has paid to positors This will be increased more than $10,000 by the new dividend, stated. No statement was made the concerning the possibility dividends on the assets the Hugo NationBank, the First National Bank Boswell, for which Cooper also receiver.
10.October 3, 1927The Daily OklahomanOklahoma City, OK
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Article Text
BOSWELL BANK PAYS DIVIDEND
Receiver to Distribute $30,000 to Depositors; Closed Oct. 7, 1926.
20 percent dividend is to be paid on assets of the defunct First National bank of Boswell, according to Roy A. Cooper, receiver for the institution.
More than $30,000 will be available through the dividend. When the bank suspended operations Oct. 7. 1926, and was placed in Cooper's charge, liabilities were $285,974.09. When the last quarterly report was made on June 30. last, the liabilities had been reduced to $157,207.78. Cash on hand at date of closing was $1,524.39, and when the June report was made the receiver had 30 on deposit with the comp-
11.October 7, 1927Atoka County GazetteAtoka, OK
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Article Text
Boswell Bank Dividend Will Be Paid
A 20 per cent dividend is be paid on assets of the defunct First National bank of Boswell, according to official notification to Roy A. Cooper, receiver, from the office of the comptroller of the currency at Washington. More than $30,000 will be available through the dividend, it was stated. When the bank suspended operations October 1926, and Cooper was placed in charge of its affairs, liabilities of the institution were $285,974.09. When the last quarterly report was made on June 30 last, the total liabilities had been reduced to Cash on hand at date of closing was $1,524.39 and when the June report was made the receiver had $26,529.36 on deposit with the comptroller.
12.November 17, 1927The Broken Bow NewsBroken Bow, OK
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Article Text
BOSWELL BANK RECEIVER IS PAYING DIVIDENDS
Payment of a 20 per cent dividend on assets of the defunct First National bank of Boswell, west of Hugo, is being made by Roy A. Cooper, receiver. The total to be available through the dividend is $25,552.43 The bank failed October 7. 1926, and Cooper immediately was named as receiver.
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13.February 2, 1928The Southeast OklahomanHugo, OK
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Article Text
$442,651.91 Paid to Bank Depositors
A total of $442,651.91 has been paid to depositors of three defunct banks in Choctaw county so far, it was revealed by the quarterly statement of Roy Cooper, national bank receiver, issued here this week. Hugo National depositors have received 43 per cent; the City Nationbank of Hugo has paid 43 per cent, and the First National bank of Boswell 20 per cent. Detailed figures of his operations given by the receiver in the report to the comptroller of the cur-
14.February 4, 1928Drumright Weekly DerrickDrumright, OK
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Article Text
Half Million Is Paid Choctaw Depositors
HUGO, Feb. 4.-A statement lividends paid depositors of three defunct banks of Choctaw county was made here in quarterly report issued by Roy A. Cooper, national bank receiver. Forty percent has been paid positors of the Hugo National bank 13 percent to depositors of the City National bank of Hugo, and 20 cent to depositors of the First National bank of Boswell. Total of dividends was fixed
15.February 10, 1928The Drumright NewsDrumright, OK
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Article Text
Half Million Is Paid Choctaw Depositors
HUGO, Feb. 4.-A statement of dividends paid depositors of three defunct banks of Choctaw county was made here in quarterly report issued by Roy A. Cooper, national bank receiver. Forty percent has been paid positors the Hugo National bank: 43 percent to depositors of the City National bank of Hugo, and 20 cent to depositors of the First Na. tional bank Boswell Total amount of dividends was fixed at
16.February 23, 1928The Lawton ConstitutionLawton, OK
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Article Text
BANK RECEIVER IS FOUND DEAD
HUGO, Okla., Feb. Roy A. Cooper. 52. receiver for the defunct Hugo National and City National banks here and the first National bank of Boswell was found dead in his room at a local hotel today He apparently had been dead for eral hours. Heart disease was given as the eache of death. Prior to Coo: appointment as receiver here in May he was for many years national bank examiner and was well known banking circles. At one time he was examiner for the state bank. ing department.
17.February 23, 1928The Ada Evening NewsAda, OK
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Article Text
Bank Receiver of Hugo Found Dead In Hotel Room
Feb. Cooper, receiver for the defunct Huge National and City National banks here the First National bank of Boswell, Okla., was found dead today in his room local hotel. He appaarently had been dead for several hours. said death due to heart disease. Prior Mr. Cooper's appointment bank receiver here in May, 1925, was for many years national bank examiner and well known in banking circles. At time the examiner for the Oklahoma banking department He was prominent in state Republican circles.
18.February 24, 1928Henryetta Daily Free-LanceHenryetta, OK
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Article Text
BANK RECEIVER IS FOUND DEAD
HUGO, Feb. 24.-Roy A. Cooper, 52, receiver for the defunct Hugo National and City National banks here and the First National bank of Boswell, Okla., was found dead today in his room at a local hotel. He apparently had been dead for several hours. Physicians said death was due to heart Prior to Mr. Cooper's appointment as bank receiver here in May 1925, he was for many years national bank examiner and well known in banking circles. At one time he was bank examiner for the Oklahoma banking department. He was prominent in state republican circles.
19.March 2, 1928The Drumright NewsDrumright, OK
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Article Text
FORMER STATE OFFICER DIES
HUGO, Feb. Roy Cooper, receiver for the defunct Hugo National and City National banks here and the First National banks Boswell, Okla., was found dead today in his room local hotel. He apparently had been dead for several hours. Physicians said death was due heart disease, Prior Mr. Cooper's appoint. ment bank receiver here in May 1925, was for many years bank examiner and was known in banking circles. At time was examiner for the Oklahoma banking department. He in state republican Mr. Cooper's home Muskogee where his family widow, and two native
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