Clyde National Bank (Clyde, TX)

View Charter #8780 on SPMC View balance sheet

Episode Information

Episode UID
878001599
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
87800 national
Charter Number
8780
Start Date
March 1, 1933*
Location
Clyde, Texas (32.406, -99.494)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
1d5a545e7cbe1a43

Response Measures

None

Receivership Details

Depositor recovery rate
41.2%
Date receivership started
1933-11-14
Date receivership terminated
1936-12-13
Share of assets assessed as good
29.1%
Share of assets assessed as doubtful
56.8%
Share of assets assessed as worthless
14.1%

Description

Bank was operated by a conservator since the March 1933 banking holiday before receivership was appointed.

Events (4)
1. July 5, 1907 Chartered
Source
historical_nic
2. March 1, 1933* Suspension
Cause
Government Action
Cause Details
Did not resume full operations following the March 1933 federal/state banking holiday; operated by conservator thereafter.
Newspaper Excerpt
Since the banking holiday of last March the Clyde National bank has been operated by E. G. Hampton as conservator, decision not to resume full banking functions having been made at that time.
Source
newspapers
3. November 14, 1933 Receivership
Source
historical_nic
4. November 14, 1933 Receivership
Newspaper Excerpt
Fred B. Cablee of Waco, to be receiver of the Clyde National bank.
Source
newspapers

Newspaper Articles (5)
1. November 15, 1933 The Galveston Daily News Galveston, TX

Article Text

TWO BANK RECEIVERS APPOINTED IN TEXAS Washington, Nov. 14.—AP—The appointment of two Texas bank receivers was announced today by the office of Senator Connally (D., Tex.). They were: J. Warren Lillard of Dallas, to be receiver of the Citizens National Bank of Llano; Fred B. Cablee of Waco, to be receiver of the Clyde National Bank.

2. November 15, 1933 The Austin American Austin, TX

Article Text

Llano Bank Receiver Chosen at Washington WASHINGTON, Nov. 14.—(AP)—The appointment of two Texas bank receivers was announced Tuesday by the office of Sen. Connally (d) of Texas. They were: J. Warren Lillard of Dallas, to be receiver of the Citizens National bank of Llano; Fred B. Cablee of Waco, to be receiver of the Clyde National bank.

3. November 15, 1933 The Waco News-Tribune Waco, TX

Article Text

Wacoan Is Appointed Receiver for a Bank Fred B. Cable Assigned to Task at Town of Clyde WASHINGTON, Nov. 14—(AP)—The appointment of two Texas bank receivers was announced today by the office of Senator Connally, democrat, Texas. They were: J. Warren Lillard of Dallas, to be receiver of the Citizens National bank of Llano; Fred B. Cable of Waco, to be receiver of the Clyde National bank.

4. November 15, 1933 Corpus Christi Caller-Times Corpus Christi, TX

Article Text

Appointment of Bank Receivers Is Announced Washington, Nov. 14.-(AP)-The appointment of two Texas bank receivers was announced today by the office of Senator Connally, Texas democrat. They were: J. Warren Lillard of Dallas, to be receiver of the Citizens National bank of Llano; Fred C. Cablee of Waco, to be receiver of the Clyde National bank.

5. November 15, 1933 Abilene Daily Reporter Abilene, TX

Article Text

Name Receiver For Clyde Bank By The Associated Press WASHINGTON, Nov. 15 — The appointment of two Texas bank receivers was announced Tuesday by the office of Senator Connally (D-Texas). They were: J. Warren Lillard of Dallas, to be receiver of the Citizens National Bank of Llano; Fred B. Cablee of Waco, to be receiver of the Clyde National bank. Since the banking holiday of last March the Clyde National bank has been operated by E. G. Hampton as conservator, decision not to resume full banking functions having been made at that time. Under the receivership of Fred B. Cablee, Waco, gradual liquidation of the institution will be continued, C. A. Bowman, cashier, said.