First National Bank

Bank Information

Episode Type: Run → Suspension → Reopening
Bank Type: national
Bank ID: 9586
Charter Number: 9586
Start Date: February 11, 1926
Location: Enid, Oklahoma (36.396, -97.878)

Metadata

Model: gpt-5-mini
Short Digest: 4c5d96cf

Response Measures

Accommodated withdrawals, Public signal of financial health, Capital injected

Description

Article (The Enid Morning News, 1926-02-11) describes a run on the First National Bank that led to closure overnight and plans to reopen the next day with reinforcements of deposits and outside funds. No explicit solvency failure is described; panic appears driven by local nervousness/rumors rather than disclosed bank insolvency.

Events (3)

1. February 11, 1926 Run

Cause: Rumor Or Misinformation
Cause Details: Local nervousness/rumor-driven withdrawals; no specific bank insolvency or outside shock cited.
Measures: Local business leaders pledged deposits; bank to be reinforced by deposits made late and money from outside the city.
Newspaper Excerpt: The run began soon after the bank opened its doors. At noon... three long lines that approached the paying window... the lobby and street had become filled with surging crowd
Source: newspapers

2. February 11, 1926 Suspension

Cause: Rumor Or Misinformation
Cause Details: Bank appears to have closed temporarily overnight following heavy withdrawals from the run; closure was temporary pending reinforcements.
Newspaper Excerpt: The National bank ... will open its doors tomorrow reinforced by deposits made late today and money from outside the city
Source: newspapers

3. February 12, 1926 Reopening

Newspaper Excerpt: will open its doors tomorrow reinforced by deposits made late today and money from outside the city
Source: newspapers

Newspaper Articles (1)

1. February 11, 1926 The Enid Morning News Enid, OK

Article from The Enid Morning News, February 11, 1926

Click image to open full size in new tab

Article Text

through the lobby of his bank and milled about in the street outside. Tonight the chamber of the rail merchants association, the attorneys of the city, and other or ganizations to the press pledges posits in the institution would not be withdrawn. Business men tonight had organized to swamp the bank morning with deposits. The Institution was bankers tonight to be wholly solvent. Such was signed by the officers and of the First National bank of the city. The run began soon after the bank opened its doors. At noon. however, the officers showed little anxiety and professed no worry over three long lines that approached the paying window. By o'clock, however, the lobby and street had become filled with surging crowd that. nevertheless, was orderly. The bank issued no formal state ment tonight except to thank friends for their loyalty The National bank the second largest in the city with deposits in excess of $4,000,000. will open its doors tomorrow reinforced by deposits made late today and money from outside the city