American State Bank (Balfour, ND)

Episode Information

Episode UID
77028271515
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7702827 routing
Routing Number
77-0282
Start Date
March 6, 1926
Location
Balfour, North Dakota (47.952, -100.535)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
bee658263b95a3a8

Response Measures

None

Events (3)
1. March 6, 1926 Receivership
Newspaper Excerpt
Dividends of 10 per cent each ... were announced here today by L. R. Baird, state bank receiver.
Source
newspapers
2. March 6, 1926 Suspension
Cause
Government Action
Cause Details
Bank placed in receivership by state bank authorities (state bank receiver L. R. Baird) and suspended operations.
Newspaper Excerpt
Dividends ... were announced here today by L. R. Baird, state bank receiver.
Source
newspapers
3. October 28, 1929 Other
Newspaper Excerpt
Closed Balfour Bank Pays More Dividends A dividend of 10 per cent is being paid to depositors of the closed American State Bank of Balfour, McHenry county. it is announced by L. R. Baird, receiver.
Source
newspapers

Newspaper Articles (3)
1. March 6, 1926 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, March 6, 1926

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Article Text

Banks at Balfour and Wildrose Are Paying Dividends Dividends of 10 per cent each to the creditors of the Farmers State Bank of Wildrose and American State Bank of Balfour were announced here today by L. R. Baird, state bank receiver. Creditors of the Wildrose Bank will be paid through G. R. Van Sickle, district manager, Minoi. Creditors of the American State Bank will be paid through J. P. Reeve, district manager, Burlington. A dividend of 10 per cent previously has been paid to creditors of the American State Bank.

2. March 6, 1926 The Bismarck Tribune Bismarck, ND
Article from The Bismarck Tribune, March 6, 1926

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Article Text

Banks at Balfour and Wildrose Are Paying Dividends Dividends of 10 per cent each the the Farmers State Bank Wildrose and American Bank of Balfour were announehere today by Baird, state receiver. Creditors the Wildrose Bank paid through Sickle, manager, CredAmerican State Bank be paid through Reeve, district Burlington. dend of per cent been paid creditors the can State Bank. When the barometer rises gradualindicates settled weather.

3. October 28, 1929 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, October 28, 1929

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Article Text

Closed Balfour Bank Pays More Dividends A dividend of 10 per cent is being paid to depositors of the closed American State Bank of Balfour, McHenry county. it is announced by L. R. Baird, receiver. This payment makes the total dividends paid to depositors 30 per sent. Payment is being made through P. Reeve, district manager, at BurJington.