State Bank - Kramer, ND

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 26, 1923
Location: Kramer, North Dakota (48.691, -100.707)

Metadata

Model: gpt-5-mini
Short Digest: 21213a0f

Response Measures

None

Description

Short article line: 'The State Bank of Kramer has been closed.' No run or depositor crowding mentioned. Closure appears regulatory; nearby sentence references state guaranty fund commission taking action against another bank, suggesting government action likely caused closure though the article does not explicitly link Kramer to the commission.

Events (1)

1. November 26, 1923 Suspension

Cause: Government Action
Cause Details: Article reports the bank 'has been closed'; nearby mention of state guaranty fund commission actions suggests regulatory closure by state authorities.
Newspaper Excerpt: The State Bank of Kramer has been closed.
Source: newspapers

Newspaper Articles (1)

1. November 26, 1923 The Bismarck Tribune Bismarck, Mandan, ND

Article from The Bismarck Tribune, November 26, 1923

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Article Text

BANKS SUSPENDED. The First State Bank of Hastings, Barnes county, has been put on special deposit by the state guaranty fund commission. The bank has $15000 capital, $6,000 surplus and $160,000_ deposits. The State Bank of Kramer has been closed. It has $10,000 capital, $10,000 surplus and deposits of $110,000. The Driscoll State bank has been closed. It has $15,000 capital, $3,000 surplus and $110,000 deposits.