Colquitt Exchange Bank - Colquitt, GA

Bank Information

Episode Type: Suspension → Reopening
Bank Type: state
Start Date: July 17, 1924
Location: Colquitt, Georgia (31.171, -84.733)

Metadata

Model: gpt-5-mini
Short Digest: 3454a02d

Response Measures

None

Description

Article reports the Colquitt Exchange Bank closed (suspended) July 17, 1924 after 'shrinkage of deposits' and reopened Sept 11, 1924. No run (depositors gathering/withdrawal panic) is described in the text provided.

Events (2)

1. July 17, 1924 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Closed after shrinkage of deposits indicating adverse bank-specific loss reducing deposits
Newspaper Excerpt: which closed its doors July 17, after shrinkage of deposits
Source: newspapers

2. September 11, 1924 Reopening

Newspaper Excerpt: reopened for business today. Judge Charles C. Bush is president and W. B. Johnson, cashier.
Source: newspapers

Newspaper Articles (1)

1. September 11, 1924 Americus Times-Recorder Americus, GA

Article from Americus Times-Recorder, September 11, 1924

Click image to open full size in new tab

Article Text

SUSPENDED COLQUITT BANK IS RE-OPENED COLQUITT, Sept. 11.-The Col. quitt Exchange bank, which closed its doors July 17, after shrinkage of deposits, reopened for business today. Judge Charles C. Bush is president and W. B. Johnson, cash. ier.