Home State Bank - Homer, NE

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 15, 1922
Location: Homer, Nebraska (42.322, -96.489)

Metadata

Model: gpt-5-mini
Short Digest: 13910bb0

Response Measures

None

Description

The article states the Homer State Bank failed Feb 15, 1922 and a receiver exists. A new institution, the Home State Bank of Homer, was chartered May 19, 1922 to purchase good notes from the receiver. I corrected the provided bank name (Home -> Homer) because the failure refers to Homer State bank. No run is described; the failed bank had a receiver, so classify as suspension_closure.

Events (2)

1. February 15, 1922 Suspension

Cause: Government Action
Cause Details: Bank failed and a receiver had been appointed; article references purchase of good notes from the receiver.
Newspaper Excerpt: The Homer State bank failed February 15.
Source: newspapers

2. May 19, 1922 Other

Newspaper Excerpt: J. E. Hart ... granted a charter to the Home State bank of Homer. The new bank will start business with a capital stock of $25,000 and has agreed to purchase from the receiver of the failed Homer State bank all good notes in his possession.
Source: newspapers

Newspaper Articles (1)

1. May 20, 1922 Omaha Daily Bee Omaha, NE

Article from Omaha Daily Bee, May 20, 1922

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Article Text

State Bank Charter Is Granted to Homer Men Lincoln, May 19.- (Special Telegram.)-J. E. Hart, secretary of trade and commerce, today granted a charter to the Home State bank of Homer. The new bank will start business with a capital stock of $25.000 and has agreed to purchase from the receiver of the failed Homer State bank all good notes in his possession. The Homer State bank failed February 15. The men granted the charter are L. E. Cozad, B. B. Baker and H. C. Hansen.