Article Text
Plans on Foot To Reopen Bank Special to The News fort to reorganize the Farmers' Bank of Doerun. near here. which closed its doors last Friday. la be made just as soon as possible according to word received here.
2417. Farmers Bank (Doerun, GA)
Bank Information
- Episode Type
- Run → Suspension → Reopening
- Bank Type
- state
- Start Date
- December 1, 1926*
- Location
- Doerun, Georgia (31.320, -83.917)
Metadata
- Model
- gpt-5-mini
- Short Digest
620ddac9002fac3a
Response Measures
None
Description
Articles (Dec 13-14, 1926) report Farmers' Bank of Doerun closed 'last Friday' after heavy withdrawals and loss of depositor confidence; plans to reorganize/reopen were under way. Another local bank (Bank of Doerun) had suspended weeks earlier because of frozen farm paper, which likely contributed to the run. No receivership or permanent closure reported.
Events (3)
1.
December 1, 1926*
Run
- Cause
- Local Banks
- Cause Details
- Customers lost confidence and made heavy withdrawals over several weeks; panic likely intensified by suspension of the other local Bank of Doerun (frozen farm paper).
- Measures
- Efforts to reorganize and reopen the bank were being planned.
- Newspaper Excerpt
- about half the check withdrawn within a period of few weeks
- Source
- newspapers
2.
December 10, 1926
Suspension
- Cause
- Local Banks
- Cause Details
- Closed after heavy withdrawals and loss of depositor confidence following distress among local banks; reported closed 'last Friday' relative to Dec. 13–14 publications.
- Newspaper Excerpt
- which closed its doors last Friday
- Source
- newspapers
3.
December 13, 1926
Other
- Newspaper Excerpt
- Plans on Foot To Reopen Bank / effort to reorganize the Farmers' Bank of Doerun, near here, which closed its doors last Friday, is to be made just as soon as possible according to word received here.
- Source
- newspapers
Newspaper Articles (2)
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Article Text
Farmers' Bank Plans To Reopen in Doerun MOULTRIE, Ga., Dec. 14.-An of fort to recognize the Farmers' bank, of Doerun, near here, which closed its doors last Friday, to be made just cording word received here. was stated that the affairs of bank were in good shape and that would been possible for to have continued to operate "if its customers not confidence" and deposits. on the bank in accepted of the word, but about half the check withdrawn within a period of few weeks. Doerun is now without bank, the Bank of Doerun, the only other fiinstitution there, having sus. pended business weeks ago. Its grew out of frozen assets in the form of farm paper.