Citizens Bank - Moultrie, GA

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 4, 1926
Location: Moultrie, Georgia (31.180, -83.789)

Metadata

Model: gpt-5-mini
Short Digest: 1cf6fdd9

Response Measures

None

Description

Single AP report (Dec 4, 1926) states Citizens' Bank of Moultrie suspended business due to inability to realize on farm paper. No run or reopening mentioned in the item; classified as suspension leading to closure.

Events (1)

1. December 4, 1926 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Inability to realize on farm paper (bad agricultural loans/assets) led to the bank's embarrassment and suspension.
Newspaper Excerpt: MOULTRIE, Ga., December 4 (AP).The Citizens' Bank, with a capital stock of $100.000, suspended business Inability to realize on yesterday. farm paper was said to have caused the bank's embarrassment.
Source: newspapers

Newspaper Articles (1)

1. December 4, 1926 Evening Star Washington, DC

Article from Evening Star, December 4, 1926

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Article Text

GEORGIA BANK SUSPENDS. Inability to Realize on Farm Paper Is Blamed. MOULTRIE, Ga., December 4 (AP).The Citizens' Bank, with a capital stock of $100.000, suspended business Inability to realize on yesterday. farm paper was said to have caused the bank's embarrassment. Its deposits at the time the last statement was issued, in October, totaled $800,000.