First National Bank - Rock Lake, ND

Episode Information

Episode UID: 801901608
Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 80190 national
Charter Number: 8019
Start Date: December 8, 1933
Location: Rock Lake, North Dakota (48.790, -99.246)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 28039472695dde2a

Response Measures

None

Receivership Details

Depositor recovery rate: 29.5%
Date receivership started: 1933-12-08
Date receivership terminated: 1936-06-26
Share of assets assessed as good: 44.3%
Share of assets assessed as doubtful: 40.3%
Share of assets assessed as worthless: 15.4%

Description

Receivers named and bank described as closed; used known receivership date.

Events (3)

1. December 26, 1905 Chartered

Source: historical_nic

2. December 8, 1933 Receivership

Source: historical_nic

3. December 8, 1933 Receivership

Newspaper Excerpt: Bank receivers are W. J. Backes, Langdon, for the First National bank of Rock Lake;
Source: newspapers

Newspaper Articles (1)

1. December 16, 1933 The Forum Fargo, ND

Article Text

Bank Receivers And Postmasters Named Names of five new postmasters and receivers for three closed national banks in North Dakota were announced Friday by W. W. Perry, national Democratic committeeman and collector of internal revenue. New postmasters are: J. B. Kenneberg, Leeds; Clinton W. Sheldon, Wheatland; Mrs. Gertrude E. Kraus, Alice; Fred Thompson, Neche, and Fred Lambert, Arena. Bank receivers are W. J. Backes, Langdon, for the First National bank of Rock Lake; Thomas M. Condon, Valley City, for the First National bank of Kenmare, and Ira T. Hall, Hettinger, for the First National bank at Marmarth. Funeral services for Jean Louise Haaland, who died Thursday in the home of her mother, Mrs. Andrew Haaland, 319 Third st N, will be at 2 p. m. Saturday in the Moore chapel. Burial will be in Riverside cemetery.