Fifth National Bank (Pittsburg, PA)

View Charter #1894 on SPMC View balance sheet

Episode Information

Episode UID
189401246
Episode Type
Suspension → Closure
Bank Type
national
Bank ID
18940 national
Charter Number
1894
Start Date
October 26, 1903
Location
Pittsburg, Pennsylvania (40.441, -79.996)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3d1c8803834f94f2

Response Measures

None

Description

Articles refer generically to Pittsburg banks going out of business; no specific mention of Fifth National.

Events (3)
1. October 27, 1871 Chartered
Source
historical_nic
2. October 26, 1903 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Article states Pittsburg banks went out of business (failure/closure) after suspension; implies insolvency or bank-specific failure.
Newspaper Excerpt
The disturbances caused by the suspension of the Baltimore and Pittsburg banks which recently went out of business, have subsided
Source
newspapers
3. November 1, 1904 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (2)
1. August 17, 1893 The Sun New York, NY
Article from The Sun, August 17, 1893

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Article Text

Suspended Banks Reopen Their Doors. KANSAS CITY. Aug. 16. - The Armourdale Bank at Armourdale. which suspended business in the financial crash in the two Kansas cities one month ago yesterday. has reopened its doors and resumed business. FORT SCOTT, Kan., Aug. 16-The First National Bank of this city. which suspended on July 18, resumed business this morning. Bank Examiner Latimer of Sedalia. who has been in charge since it closed. has issued a notice to depositors saying that the institution is in good financial condition. WASHINGTON. Aug. 16.-The First National Bank of Rico, Col., which suspended payment June 30. 1893. having complied with the conditions imposed by the Comptroller of the Currency. and its capital stock being unimpaired. has been permitted to-day to reopen its doors for business. CLEVELAND. Aug. 16.-The Cardington Banking Company. at Cardington. O., closed its doors this afternoon. Theassets approximate $100. 000 and are said to be sufficient to meet the demands of the creditors. The President of the bank. Major W. G. Beatty. was obliged to make an assignment. and the bank could not weather the trouble brought on by his embarrassment. CARROLLTON. Pa.. Aug. 16.-The banks of Johnston. Bucks county. at Ebensburg. Carrollton. and Hastings. which suspended payments until they could get more money. will open again on Monday morning.

2. October 26, 1903 Daily New Dominion Morgantown, WV
Article from Daily New Dominion, October 26, 1903

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Article Text

The disturbances caused by the suspension of the Baltimore and Pittsburg banks which recently went out of business, have subsided and no further trouble is anticipated. The country is all right and it will not go to the bow-wows just at present.