First State Bank - Skidmore, TX

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: February 1, 1932*
Location: Skidmore, Texas (28.254, -97.686)

Metadata

Model: gpt-5-mini
Short Digest: 0655f7d2

Response Measures

None

Description

The brief article states the First State Bank of Skidmore 'closed' and its assets were taken over by the newly opened Skidmore State Bank (same officers). No run is mentioned; closure appears permanent with a new institution taking assets. Date inferred from publication (opened 'Monday' before Feb 17, 1932).

Events (2)

1. February 1, 1932* Suspension

Cause Details: Article gives no cause for the closure; simply states the bank closed and its assets were taken over.
Newspaper Excerpt: The First State Bank closed its
Source: newspapers

2. February 15, 1932 Other

Newspaper Excerpt: The Skidmore State Bank ... opened for business Monday ... has taken over the assets of the closed institution The First State Bank closed its
Source: newspapers

Newspaper Articles (1)

1. February 17, 1932 Victoria Advocate Victoria, TX

Article from Victoria Advocate, February 17, 1932

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Article Text

SKIDMORE, TYNAN BANKS OPEN BEEVILLE, Tex., Feb. The Skidmore State Bank, succeedthe First State Bank of more, opened for business Monday, with a capital $22,000. The same officers are in charge of the new bank, which has taken over the assets of the closed institution The First State Bank closed its