Article Text
ROSCOE BANK REOPENED The Farmers Bank at Roscoe, in St. Clair county was reopened for business last week after being closed for about ten days. The bank was solvent at the time closed but withdrawals had run down its cash serve.
10575. Farmers Bank (Roscoe, MO)
Bank Information
- Episode Type
- Run → Suspension → Reopening
- Bank Type
- state
- Start Date
- December 18, 1932
- Location
- Roscoe, Missouri (37.973, -93.812)
Metadata
- Model
- gpt-5-mini
- Short Digest
f722f587
Response Measures
Full suspension
Other: Bank was temporarily closed for about ten days due to depleted cash reserves from heavy withdrawals; reopened thereafter.
Description
Article (The Index, 1933-01-05) states the Farmers Bank at Roscoe was closed for about ten days because withdrawals had run down its cash reserve, but was solvent at closing and was reopened the prior week. No explicit trigger (rumor, correspondent failure, etc.) is given, so cause is coded as 'other'. Dates are approximated relative to the publication date: the paper says the bank was reopened for business last week, so reopening is estimated in late December 1932 and the closure about ten days before that.
Events (3)
1.
December 18, 1932
Run
- Cause Details
- Heavy withdrawals reduced the bank's cash reserve; article does not specify a specific rumor or external bank failure as the trigger.
- Measures
- Bank closed temporarily (suspended payments) until liquidity restored; reopened after about ten days.
- Newspaper Excerpt
- The bank was solvent at the time closed but withdrawals had run down its cash serve.
- Source
- newspapers
2.
December 18, 1932
Suspension
- Cause Details
- Temporary closure due to depleted cash reserves from heavy withdrawals; bank was solvent when closed.
- Newspaper Excerpt
- The Farmers Bank at Roscoe ... was reopened for business last week after being closed for about ten days.
- Source
- newspapers
3.
December 28, 1932
Reopening
- Newspaper Excerpt
- ROSCOE BANK REOPENED The Farmers Bank at Roscoe ... was reopened for business last week after being closed for about ten days.
- Source
- newspapers
Newspaper Articles (1)
Click image to open full size in new tab