During the Depression, the bank owned by generous Dickson (Walter Huston) is barely staying afloat, and things get worse when $100,000 is lifted from the vault. Fingers are pointed at reformed crook Matt (Pat O'Brien), who got a job and a fresh start from Dickson. The innocent Matt can clear his name by admitting that on the night of the robbery he was breaking up a tryst between Dickson's wife and another teller. But this revelation may crush Dickson, and Matt's conscience plays tug-of-war.