First Coleman National Bank

Episode Information

Episode UID: 1359501586
Episode Type: Run Only
Bank Type: national
Bank ID: 135950 national
Charter Number: 13595
Start Date: February 1, 1932*
Location: Coleman, Texas (31.827, -99.426)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 2863b0a81fb73073

Response Measures

Accommodated withdrawals, Public signal of financial health, Capital injected

Description

The run described was an unusually large inflow of deposits at the bank's reopening after consolidation.

Events (2)

1. February 1, 1932* Run

Cause Details: Large inflow of deposits at the bank's public reopening following consolidation of three previously closed banks.
Newspaper Excerpt: Here is a run on a bank, the First Coleman National Bank at Coleman, Texas. ... More than 2,000 people were present at the opening. Deposits received the opening day amounted to $53,333.94 and deposits received the next four days tripled this amount.
Source: newspapers

2. February 2, 1932 Chartered

Source: historical_nic

Newspaper Articles (1)

1. March 3, 1932 The Whitewright Sun Whitewright, TX

Article Text

Here is a run on a bank, the First Coleman National Bank at Coleman, Texas. Contrary to usual runs, this one was made to make deposits when the bank opened for business last week. The bank is the consolidation of the Coleman National, the First National and the Central State banks, all closed October 9, 1931. More than 2,000 people were present at the opening. Deposits received the opening day amounted to $53,333.94 and deposits received the next four days tripled this amount.