Citizens Bank - Bellevue, MI

Episode Information

Episode UID: 2328982791369
Episode Type: Run → Suspension → Reopening
Bank Type: private
Bank ID: 232898279 hash
Start Date: January 27, 1914
Location: Bellevue, Michigan (42.443, -85.018)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 8cb78c530f319122

Response Measures

None

Events (3)

1. January 27, 1914 Run

Cause: Bank Specific Adverse Info
Cause Details: Frequent withdrawals (liquidity drain) and slow collections prompted depositor withdrawals.
Newspaper Excerpt: Frequent withdrawals and slow collections made it necessary to suspend business.
Source: newspapers

2. January 27, 1914 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank suspended operations because frequent withdrawals and slow collections exhausted available funds; intended to resume under state laws.
Newspaper Excerpt: The 'Citizens' bank of Bellevue, did not open today... Notices posted on the doors stated that frequent withdrawals and slow collection made it necessary to suspend business.
Source: newspapers

3. * Reopening

Newspaper Excerpt: It is expected the bank will resume business under the state laws.
Source: newspapers

Newspaper Articles (1)

1. January 27, 1914 The Detroit Times Detroit, MI

Article from The Detroit Times, January 27, 1914

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Article Text

BELLEVUE BANK CLOSES DOORS Frequent Withdrawals and Slow Collections Force Suspension of Business BELLEVUE, Mich., Jan. 27.-The 'itizens' bank. of Bellevue, did not pen today. Notices posted on the loors stated that frequent vitadrawIs and slow collection made it necesary to suspend business. It is exected the bank will resume business nder the state laws. Liabilities were Aven at $123,000 and assets at $100, 00.

Episode Information

Metadata

Response Measures

Events (3)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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