First National Bank - Lovelock, NV

Bank Information

Episode Type: Suspension → Reopening
Bank Type: national
Bank ID: 7654
Charter Number: 7654
Start Date: October 1, 1907*
Location: Lovelock, Nevada (40.179, -118.473)

Metadata

Model: gpt-5-mini
Short Digest: ce6d5f2c

Response Measures

None

Description

Article (Lovelock Tribune, 1907-11-01) describes the bank opening after a shutdown ordered by the Governor's proclamation. It explicitly says there was no run (withdrawals modest). Classified as a suspension due to government action with successful reopening.

Events (3)

1. March 21, 1905 Chartered

Source: historical_nic

2. October 1, 1907* Suspension

Cause: Government Action
Cause Details: Closed due to the Governor's proclamation (statewide banking shutdown during the panic).
Newspaper Excerpt: first to open after the shutdown because of the Governor's proclamation
Source: newspapers

3. October 28, 1907 Reopening

Newspaper Excerpt: RECEIVED $30,000 PAID OUT $2,500 At First National Bank Lovelock In Monday's Business. No Fear of Stability of Lovelock's Financial Institution-Not a Business Man Withdrew Funds. That the business men of Lovelock have every confidence in the Financial institution of the town was indicated last Monday in the fact that upon that day, the first to open after the shutdown because of the Governor's proclamation, there was not to exceed $2,500 withdrawn from the Bank, while the day's deposits amounted to $30,000. Nothing like a run indicated in those figures, is there? The bank was fully prepared, how- (Lovelock Tribune, 1907-11-01).
Source: newspapers

Newspaper Articles (1)

1. November 1, 1907 Lovelock Tribune Lovelock, NV

Article from Lovelock Tribune, November 1, 1907

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Article Text

RECEIVED $30,000 PAID OUT $2,500 At First National Bank Lovelock In Monday's Business. No Fear of Stability of Lovelock's Financial Institution-Not a Business Man Withdrew Funds. That the business men of Lovelock have every confidence in the Financial institution of the town was indicated last Monday in the fact that upon that day, the first to open after the shutdown because of the Governor's proclamation, there was not to exceed $2,500 withdrawn from the Bank, while the day's deposits a. mounted to $30,000. Nothing like a "run" indicated in those figures, is there? The bank was fully prepared, how-