Home Savings Bank - La Belle, MO

Bank Information

Episode Type: Run → Suspension → Unsure
Bank Type: savings bank
Start Date: January 29, 1932
Location: La Belle, Missouri (40.117, -91.913)

Metadata

Model: gpt-5-mini
Short Digest: f144cfc1

Response Measures

Accommodated withdrawals, Full suspension, Books examined

Description

Articles (Feb 12 and Feb 17, 1932) report a run that caused the Home Savings Bank to be closed for about two weeks. An examiner audited the books and found accounts straight; lack of cash from withdrawals prevented reopening. Deposit boxes were made accessible. There is strong indication the bank would reopen soon, but no explicit article confirming final reopening—therefore episode classified as run -> suspension with outcome unsure.

Events (3)

1. January 29, 1932 Run

Cause: Rumor Or Misinformation
Cause Details: Article states a run occurred but gives no bank-specific scandal or external shock; likely depositor panic/rumors leading to heavy withdrawals.
Measures: Bank examiner audit of books; made deposit boxes accessible to patrons; awaiting additional cash to reopen.
Newspaper Excerpt: has been closed the past two weeks, due to a run on the bank.
Source: newspapers

2. February 12, 1932 Other

Newspaper Excerpt: Cashier A. D. Thompson, of the Home Savings Bank asked us to say to patrons that deposits boxes are now accessible to patrons and those who desire to remove their property can now do so.
Source: newspapers

3. February 12, 1932 Suspension

Cause: Rumor Or Misinformation
Cause Details: Closure described as resulting from withdrawals during a run; examiner found books straight but bank short of cash from withdrawals, preventing reopening.
Newspaper Excerpt: The bank examiner from Jefferson City has finished checking up the books in the Home Savings Bank, which has been closed the past two weeks, due to a run on the bank.
Source: newspapers

Newspaper Articles (3)

1. February 12, 1932 The La Belle Star La Belle, MO

Article from The La Belle Star, February 12, 1932

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Article Text

HOME SAVINGS BANK. The bank examiner from Jeffer son City has finished checking up the books in the Home Savings Bank, which has been closed the past two weeks, due to a run on the bank. He has given out the information that the books and all accounts in the bank were found absolutely straight, and that the only thing lacking to re-open the bank is some more cash, made short by withdrawals. From what we can learn we are inclined to think that within a short time the bank will be re-opened. A bank is certainly needed here as it is very unhandy to conduct business without one.

2. February 12, 1932 The La Belle Star La Belle, MO

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Article Text

DEPOSIT BOXES ACCESSIBLE. Cashier A. D. Thompson, of the Home Savings Bank asked us to say to patrons that deposits boxes are now accessible to patrons and those who desire to remove their property can now do so.

3. February 17, 1932 The Palmyra Spectator Palmyra, MO

Article from The Palmyra Spectator, February 17, 1932

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Article Text

LABELLE SAVINGS BANK The bank examiner from Jefferson City has finished checking up the books in the Home Savings Bank, which has been closed the past two weeks, due to a run on the bank. He has given out the information that the books and all accounts in the bank were found absolutely straight, and that the only thing lacking to re-open the bank is some more cash, made short by withdrawals. From what we can learn we are incined to think that within a short time the bank will be re-opened. A bank is certainly needed here as it is very unhandy to conduct business without one.-LaBelle Star.