11274. First State Bank (Zap, ND)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
March 23, 1933
Location
Zap, North Dakota (47.286, -101.923)

Metadata

Model
gpt-5-mini
Short Digest
c98b7588f2cff583

Response Measures

None

Description

Articles (dated 1933-03-23) report that 14 additional state banks, including Zap's First State Bank, were reopened for unrestricted operation after prior temporary closures. No run or depositor panic is mentioned in the texts. The suspensions appear to be part of statewide bank closings/examinations (bank holiday / examiner orders), so classified as government action leading to suspension and subsequent reopening.

Events (2)
1. March 23, 1933 Reopening
Newspaper Excerpt
Fourteen additional state banks reopened yesterday for unrestricted operation... Zap - First State Bank (listed among the 14 reopened). and The fourteen reopened today are: ... Zap-First State Bank. (Grand Forks Herald; Minneapolis Journal, March 23, 1933).
Source
newspapers
2. * Suspension
Cause
Government Action
Cause Details
Temporary statewide bank closures/examinations (state examiner audits/bank holiday) that led to suspension of operations; reopened after examiner orders.
Newspaper Excerpt
Applications Granted as Rapidly as Audits Can Be Made...the 14 reopened Wednesday are: ... Zap, First State Bank.
Source
newspapers

Newspaper Articles (2)
1. March 23, 1933 Grand Forks Herald Grand Forks, ND
Article from Grand Forks Herald, March 23, 1933

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Article Text

14 ADDITIONAL STATE BANKS OPENED IN N.D. Applications Granted as Rapidly as Audits Can Be Made. additional state banks reopened Wednesday for unrestricted operation, bringing to 52 the total now doing on normal basis examinorders the group of banks reopen Wednesday, while examiners continue audits of other state banks with view to permitting reopenings week. Semingson again out opening of number of banks should not be interpreted as meaning other banks are not in position to do Applications for reopening are being granted as rapidly as the proper audits can made. banks reopened Monday, and eleven Tuesday. The 14 reopened Wednesday are: Alice, State Bank of Alice: Beulah, German State Bank; Dunn Center, Union Bank of Dunn Center; Elgin, Farmers Merchants Bank; Fredonia, First State Bank: Hague, First State Bank; Litchville, Litchville State Bank; Mercer, The Mercer State Bank; Minto, Bank of Minto; Noonan, First International Bank; Silva, First State Bank Strasburg, First State Bank of Strasburg; Velva, Peoples State Bank; Zap, First State Bank.

2. March 23, 1933 The Minneapolis Journal Minneapolis, MN
Article from The Minneapolis Journal, March 23, 1933

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Article Text

14 More State Banks Reopen Bismarck, N. D., March 23Fourteen additional state banks reopened yesterday for unrestricted operation, bringing to 52 the total now doing business on a normal basis. Gilbert Semingson, state examiner, telegraphed orders to the group of banks to reopen today while examiners continue audits of other state banks with view to permitting additional reopenings this week. Twenty-seven banks reopened to day and eleven Tuesday. The fourteen reopened today are: Alice-State Bank of Alice. Beulah- German State Bank. Dunn Center-Union Bank of Dunn Center Eigine-Parmers & Merchants Fredonia- First State Bank. Hague- First State Bank. Litchville- Litchville State Bank Mercer- The Mercer State Bank Minto- Bank of Minto. Noonan First International Bank. First State Bank. Strassburg- First State Bank of Velva- Peoples State Bank. Zap-First State Bank. N. D. WOMAN DIES Bismarck, N. D., March 23 Mrs. Emma Eskes, 77 years old. resident of North Dakota since 1884, died here Monday from pneumonia, Funeral and burial services will be conducted at Coleharbor Friday.