10233. Bank of Hardin (Hardin, MO)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
state
Start Date
November 2, 1931
Location
Hardin, Missouri (39.271, -93.834)

Metadata

Model
gpt-5-mini
Short Digest
7b1d99d4

Response Measures

Full suspension

Other: Articles list four state banks as 'closing' by state finance department; heavy withdrawals cited as reason. No reopening or receivership details provided.

Description

Newspapers (Nov 2, 1931) report the state finance department was notified of the closing of the Bank of Hardin. Closings were attributed to heavy withdrawals, indicating a run that led to the bank's suspension/closure by state authorities.

Events (3)
1. November 2, 1931 Run
Cause Details
Heavy withdrawals (a depositor run) precipitated the bank's failure; the specific trigger for the withdrawals is not described in the articles.
Measures
None described in the articles.
Newspaper Excerpt
Heavy withdrawals assigned the reason all the closings.
Source
newspapers
2. November 2, 1931 Suspension
Cause
Government Action
Cause Details
State finance department was notified and the banks were closed following heavy withdrawals.
Newspaper Excerpt
state finance department was notified today of the closing of four state banks.
Source
newspapers
3. * Other
Source
newspapers

Newspaper Articles (2)
1. November 2, 1931 Joplin News-Herald Joplin, MO
Article from Joplin News-Herald, November 2, 1931

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Article Text

OF STATE BANKS IS ANNOUNCED Jefferson City, Nov. finance department tified today of the closing of four state banks. Heavy withdrawals assigned the reason all the closings. The four banks Owensville bank, Owensville, Gasconade county, deposits $298,257; surplus, $12,500; capital stock, $50,000; resources, $372,349; loans, and bills payable. Graves president and George W. Tappmeyer, cashier. Bank of Hardin, Hardin. Ray deposits, loans, resources, capital stock, surplus. bills Marvin Grimes president and Rhodes, cashier. Prairie Home Prairie Home, Cooper county, resources loans, $70,309; $12,000; deposits, and $3,000 surplus. Meredith president and Wilhite, cashier Bank Malta Bend, at Malta Bend Saline resources, loans, capital stock, surplus, $20,000; posits, and bills payable, Van Anglen dent and M. Van Anglen,

2. November 2, 1931 St. Joseph News-Press St. Joseph, MO
Article from St. Joseph News-Press, November 2, 1931

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Article Text

FOUR STATE BANKS CLOSE. Closings at Owensville, Hardin, Malta Bend, Prairie Home. JEFFERSON CITY Nov state finance department was notified today of the closing four banks. Heavy withdrawals were assigned reason for the closings by the state finance department feur banks are Owensv Owensville in Gasconade County: deposits, $298.257; surplus, $12,500 capital stock. and $10,000 E. E. Graves president and George W Tappmeyer cahseir Bank of Hardin at Hardin in Ray County: deposits, recources, capital stock, $10,000: bills payable, Grimes was and W. Rhodes, Prairie Home Bank at Prairie loans, bills payable and $3,000 Meredith was president and R. H. cashier Bank of Malta Bend at Malta Bend Saline $139.719 loans, $101 capital stock. de Van and M. H. Van Anglen