Commercial National Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: national
Bank ID: 4113
Charter Number: 4113
Start Date: January 1, 1892*
Location: Denver, Colorado (39.739, -104.985)

Metadata

Model: gpt-5-mini
Short Digest: e11267de

Response Measures

None

Receivership Details

Depositor recovery rate: 57.5%
Date receivership started: 1893-10-24
Date receivership terminated: 1900-12-27
OCC cause of failure: Losses
Share of assets assessed as good: 23.2%
Share of assets assessed as doubtful: 31.5%
Share of assets assessed as worthless: 45.3%

Description

Article (1896) refers to the Commercial National Bank having failed in the panic of 1892. No run is described in this clipping; it reports the bank's prior failure and later indictments of officers. Classified as a suspension/closure (failure) with receivership implied in 1892.

Events (4)

1. September 6, 1889 Chartered

Source: historical_nic

2. January 1, 1892* Other

Newspaper Excerpt: Commercial National bank, which failed in the panic of 1892, was arrested today ... (article notes prior failure in 1892)
Source: newspapers

3. October 24, 1893 Receivership

Source: historical_nic

4. May 21, 1896 Other

Newspaper Excerpt: C. H. Dow, president of the Commercial National bank, which failed in the panic of 1892, was arrested today on indictments charging him with misappropriation of funds of the bank and making false reports to the government.
Source: newspapers

Newspaper Articles (1)

1. May 23, 1896 The Coeur D'alene Press Coeur D'alene, ID

Article from The Coeur D'alene Press, May 23, 1896

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Article Text

DENVER BANKERS UNDER ARREST Charged With Misappropriation and False Reports. Denver. May 21-C. H. Dow. president of the Commercial National bank, which failed in the panic of 1892, was arrested today on indictments charging him with misappropriation of funds of the bank and making false reports to the government He was released under $5000 ball. Sidney B. McClurkin, the paying teller of the bank. indicted with Dow. was arrested this afternoon at Colorado Springs. It is said that O, E. Miller, president of the Miller Hernia Company of Chicago. who obtained $145,000 from the Commercial bank on almost worthless security. has also been indicted. but the federal authorities refuse to talk about the matter.