Thompson State Bank - Thompson Falls, MT

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: March 14, 1927
Location: Thompson Falls, Montana (47.597, -115.344)

Metadata

Model: gpt-5-mini
Short Digest: 85c29cc5

Response Measures

None

Description

Article (Mar 14, 1927) names A. S. Ainsworth as receiver for the Thompson State Bank of Thompson Falls, indicating the bank was in receivership/closed. The article does not mention a run or an explicit prior suspension; because a receiver is appointed (permanent closure), I classify as suspension_closure. Receiver name corrected to 'A. S. Ainsworth' per OCR.

Events (1)

1. March 14, 1927 Receivership

Newspaper Excerpt: A S. Ainsworth, receiver for the Thompson State bank of Thompson Falls, and the Farmers' & Merchants' bank of Dixon, and by Joseph Haugen of Missoula.
Source: newspapers

Newspaper Articles (1)

1. March 14, 1927 The Missoula Sentinel Missoula, MT

Article from The Missoula Sentinel, March 14, 1927

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Article Text

BLACKFOOT RANCHERS FOR LAND NEAR POTOMAC J. A. Swanson and M. D. Flynn Rivals in Court Today. Spirited bidding took place in the court of Judge Lentz this morning between M. D. Flynn and J. A. Swanson, Blackfoot ranchers, for the purchase of what is known as the Flynn property near Potomac. It is now held by George K. Dick, receiver for the American bank, A S. Ainsworth, receiver for the Thompson State bank of Thompson Falls, and the Farmers' & Merchants' bank of Dixon, and by Joseph Haugen of Missoula. Mr. Flynn's opening bid was $22,300 which Mr. Swanson raised to $22,500. At this point the court took the bids under advisement until Wednesday morning at 10 o'clock. Petition to seli the property had previously been given to the receivers and Mr. Haugen.