Farmers Bank (Derrick, ND)

Episode Information

Episode UID
77102071514
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
7710207 routing
Routing Number
77-1020
Start Date
February 4, 1926
Location
Derrick, North Dakota (48.477, -98.558)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
17ad3b4fefe5a574

Response Measures

None

Description

Articles consistently describe the bank as closed and in receivership; original failure date not given.

Events (5)
1. February 4, 1926 Other
Newspaper Excerpt
Farmers Bank of Derrick, N. D., 15 per cent; paid through C. W. Conroy, district manager, at Devils Lake.
Source
newspapers
2. January 5, 1927 Other
Newspaper Excerpt
A 10 per cent dividend will be paid ... to depositors in ... Farmers Bank of Derrick
Source
newspapers
3. February 13, 1928 Other
Newspaper Excerpt
Payment of 10 per cent dividends to depositors of the Farmers Banks of Derrick ... The new payments make a total dividend of 30 per cent
Source
newspapers
4. January 9, 1932 Other
Newspaper Excerpt
Final dividend of 10 per cent is being paid to creditors of the closed Farmers Bank of Derrick ... The final dividend makes a total of 45 per cent paid to creditors.
Source
newspapers
5. * Receivership
Newspaper Excerpt
closed Farmers Bank of Derrick, at Derrick, it was announced Saturday at the office of L. R. Baird, state receiver.
Source
newspapers

Newspaper Articles (5)
1. February 4, 1926 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, February 4, 1926

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Article Text

OTHER CLOSED BANKS PAYING DIVIDENDS L. R. Baird, Receiver, Announces Payments by Four More Banks L. R. Baird of Bismarck, receiver for closed banks in the state of North Dakota, announced today that dividends are being paid by closed banks at Neche, Derrick, Church's Ferry and Hebron, as follows: Farmers State bank of Neche, N. D., 15 per cent; paid through C. W. Conroy, district manager, at Devils Lake. Farmers Bank of Derrick, N. D., 15 per cent; paid through C. W. Conroy, district manager, at Devils Lake. Farmers State bank, Church's Ferry, N. D., a second dividend of 15 per cent is being paid, which, with the first dividend of 10 per cent, makes a total of 25 per cent paid; dividend is being paid through C. W. Conroy, district manager, at Devils Lake. Farmers State bank of Hebron, N. D., 20 per cent; paid through E. S. DeLaney, district manager, at Bismarck.

2. January 5, 1927 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, January 5, 1927

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Article Text

Four Closed Banks Will Pay Dividends A 10 per cent dividend will be paid spon to the depositors in four closed banks in the Devils Lake district, according to announcement by L. R. Baird, state receiver of closed banks. Checks will be sent out from the office of C. W. Conroy, district agent for the receiver, to depositors in the Citizens State Bank, Bisbee; Stutsman county bank, Courtenay; Farmers Bank of Derrick and Farmers State Bank, Emerado.

3. February 13, 1928 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, February 13, 1928

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Article Text

2 More Closed Banks Are Paying Dividends Payment of :10 per cent dividends to depositors of the Farmers Banks of Derrick and the Security State bank of Karlsruhe was announced today by: the state receiver 0. closed banks. The new payments make a total dividend of 30 per cent J depositors of the Derrick tank and of 20 per cent to depositors of the Karlsruhe bank. Payment to depositors of the Derrick bank is being made through the office of 3. W. Conroy, district manager at Devils Lake. Payment to depositors of the Karlsrhue bank is being made "hrough the office of G. R. Van Sickle, district manager at Minot.

4. January 9, 1932 The Fargo Forum, Daily Republican, and Moorhead Daily News Fargo, ND

Article Text

PAY FINAL DIVIDEND D., final dividend of 10 per cent is being paid to of the closed Farm ers bank of Derrick, at Derrick, it was today at the office of L R. Baird, state banks The final dividend makes a total of 45 per paid creditors. Payment is through the office of C. W. Conroy, district manager at Devils Lake.

5. January 9, 1932 The Bismarck Tribune Bismarck, Mandan, ND
Article from The Bismarck Tribune, January 9, 1932

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Article Text

Final Dividend Paid To Derrick Creditors A final dividend of 10 per cent is being paid to creditors of the closed Farmers. Bank of Derrick, at Derrick, it was announced Saturday at the office of L. R. Baird, state receiver. The final dividend makes a total of 45 per cent paid to creditors. Payment is being made through the office of C. W. Conroy, district manager, at Devils Lake.