First State Bank - Bowdle, SD

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 9, 1932
Location: Bowdle, South Dakota (45.453, -99.654)

Metadata

Model: gpt-5-mini
Short Digest: ccea26a0

Response Measures

None

Description

Newspaper item (Dec 9, 1932) reports Nebraska Bank Commissioner announced Bank of Raymond, Raymond, closed. No mention of a preceding run or reopening; classified as suspension leading to closure. Bank type inferred as state bank from name (no 'National' or 'Trust' present).

Events (1)

1. December 9, 1932 Suspension

Cause Details: Nebraska Bank Commissioner announced the bank was closed; article gives no cause for suspension/closure or mention of runs/receivership.
Newspaper Excerpt: George W. Woods, Bank Commissioner, has announced: Bank of Raymond, Raymond, closed.
Source: newspapers

Newspaper Articles (1)

1. December 9, 1932 The Producers News Plentywood, MT

Article from The Producers News, December 9, 1932

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Article Text

New Bank Suspensions Nebraska: George W. Woods, Bank Commissioner, has announced: Bank of Raymond, Raymond, closed. South Dakota: E. A. Ruden, Supt. of Banks, has announced: First State Bank, Bowdle, closed. National banks suspending Nov. 18, as re- ported to the Comptroller of the Currency and made public Nov. 18, were: National banks suspending Nov .14, as reported to the Comptroller of the Currency and made public Nov. 14 were: Shawnee National Bank, Shawnee, Okla.; resources, $2,359,264; First National Bank of Allen, Okla., resources $119,771; First National Bank of McLoud, Okla.; resources, $130,272; Park National Bank of Sulphur, Okla.; resources, $213,651. Diamond National Bank of Pittsburgh, Pa.,; resources, $15,849,950. United States National Bank and Trust Co4 of Kenosha, Wis.; resources, $1,812,553. National banks suspending Nov. 21 and 22, as reported to the Comptroller of the Currency and made public Nov. 23, were: Nov. 21: Ayers National Bank, Jacksonville, 111., resources, $8,285,998. Nov. 22: First National Bank of Faulkton, S. Dak., resources $257,141.