Farmers Bank (Batavia, NY)

Episode Information

Episode UID
2667431491333
Episode Type
Run → Suspension → Unsure
Bank Type
private
Bank ID
266743149 hash
Start Date
January 30, 1911
Location
Batavia, New York (42.998, -78.188)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
e1ffc7b9a09323dc

Response Measures

None

Description

Sources report suspension after several days' run but give no information on permanent closure or receivership.

Events (2)
1. January 30, 1911 Suspension
Cause
Local Banks
Cause Details
Officials suspended payments after a multi-day run triggered by the Loomis bank closure in Attica
Newspaper Excerpt
The Farmers' bank of Batavia, N. Y., a private bank, suspended payment Monday morning.
Source
newspapers
2. * Run
Cause
Local Banks
Cause Details
Run spread from closing of the Loomis Bank in Attica (after death of its president), scaring depositors in Batavia
Measures
Withstood run for several days before officials decided to close/suspend payments
Newspaper Excerpt
a run of several days
Source
newspapers

Newspaper Articles (4)
1. January 31, 1911 New-York Tribune New York, NY
Article from New-York Tribune, January 31, 1911

Click image to open full size in new tab

Article Text

BATAVIA BANK SUSPENDS. Rochester, Jan. 30.-A special from Ba tavia says the Farmers' Bank there suspended this morning, following a run of several days. The death of President Loomis of the Loomis Bank, in Attica, it is said, caused the run.

2. February 1, 1911 The Forest Republican Tionesta, PA
Article from The Forest Republican, February 1, 1911

Click image to open full size in new tab

Article Text

BATAVIA BANK CLOSED Action Was Caused by Run by Concern's Depositors. Institution Is Reported to Be Perfectly Solvent and Able to Pay Ail Depositors In Full-Bank Had Withstood Run For Several Days When It Was Decided to Close-Other News Items of General Interest. The Farmers' bank of Batavia, N. Y., a private bank, suspended payment Monday morning. The suspension was caused by depositors residing in the vicinity of Attica, who had been scared by the closing of the Loomis bank of Attica, a private concern, who spread the run to depositors in this village. The bank stood the run for several days, but as it continued to spread the officials finally decided to close. It is believed by those who are in a position to know that the bank is perfectly solvent and the depositors will be paid in full.

3. February 1, 1911 The Forest Republican Tionesta, PA
Article from The Forest Republican, February 1, 1911

Click image to open full size in new tab

Article Text

BATAVIA BANK CLOSED Action Was Caused by Run by Concern's Depositors. Institution Is Reported to Be Perfectly Solvent and Able to Pay All Depos. itors In Full-Bank Had Withstood Run For Several Days When It Was Decided to Close-Other News Items of General Interest. The Farmers' bank of Batavia, N. Y., a private bank, suspended payment Monday morning. The suspension was caused by depositors residing in the vicinity of Attica, who had been scared by the closing of the Loomis bank of Attica, a private concern, who spread the run to depositors in this village. The bank stood the run for several days, but as it continued to spread the cificials finally decided to close. It. is believed by those who are in a position to know that the bank is perfectly solvent and the depositors will be paid in full.

4. February 2, 1911 The Free Lance Fredericksburg, VA
Article from The Free Lance, February 2, 1911

Click image to open full size in new tab

Article Text

Batavia (N. Y.) Bank Closes. Batavia. N. Y.. Jan. 31.-The Farmers' bank suspended following a run of several days. The run, it is said, was caused by the death of President Loomis, of the Loomis bank in Attica.