Pemiscot County Bank - Caruthersville, MO

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 6, 1913
Location: Caruthersville, Missouri (36.193, -89.656)

Metadata

Model: gpt-5-mini
Short Digest: f1f5acaf

Response Measures

None

Description

Article (AP, published 1913-06-06) reports discovery of a nearly $250,000 shortage and that the Pemiscot County Bank went into the hands of the state bank commissioner — indicates suspension and placement in custody/receivership. No run reported in the text.

Events (2)

1. June 6, 1913 Receivership

Newspaper Excerpt: The Pemiscot County bank at Caruthersville went into the hands of the state bank commissioner today ... due to the discovery of a shortage ... nearly a quarter of a million.
Source: newspapers

2. June 6, 1913 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Discovery of a large shortage in the bank's funds (nearly a quarter of a million dollars) prompting state action.
Newspaper Excerpt: The Pemiscot County bank at Caruthersville went into the hands of the state bank commissioner today as a result of the discovery of a shortage which, according to the president of the institution is nearly a quarter of a million.
Source: newspapers

Newspaper Articles (1)

1. June 6, 1913 Tonopah Daily Bonanza Tonopah, NV

Article from Tonopah Daily Bonanza, June 6, 1913

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Article Text

BANK SUSPENDS WITH SHORTAGE QUARTER LION MISSOURI INSTITUTION GOES IN HANDS OF THE BANK COMMISSIONERS. By Associated Press) ST. LOUIS, June 6.-The Pemiscot County bank at Caruthersville went into the hands of the state bank commissioner today as a result of the discovery of a shortage which, according to the president of the institution is nearly a quarter of a million.