Berrien County Bank - Nashville, GA

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: December 8, 1920
Location: Nashville, Georgia (31.207, -83.250)

Metadata

Model: gpt-5-mini
Short Digest: 8e29c042

Response Measures

Accommodated withdrawals, Full suspension, Books examined

Other: Bank placed in hands of State banking department (state takeover/receiver).

Description

Article states the bank closed after a run and is in the hands of the State banking department; cause attributed to recent losses and poor collections. Cashier paid depositors until funds exhausted.

Events (3)

1. December 8, 1920 Run

Cause: Bank Specific Adverse Info
Cause Details: Recent losses and poor collections prompted withdrawals; cashier paid depositors until funds were exhausted.
Measures: Cashier Hobart Alexander paid depositors as long as funds held out.
Newspaper Excerpt: The Berrien County Bank here closed its doors this morning, after a run yesterday afternoon in which the cashier, Hobart Alexander, paid depositors as long as funds held out.
Source: newspapers

2. December 9, 1920 Receivership

Newspaper Excerpt: The bank is in the hands of the State banking department.
Source: newspapers

3. December 9, 1920 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank closed after run; recent losses and poor collections given as the cause for the failure.
Newspaper Excerpt: The Berrien County Bank here closed its doors this morning ... The bank is in the hands of the State banking department.
Source: newspapers

Newspaper Articles (1)

1. December 10, 1920 Richmond Times-Dispatch Richmond, VA

Article from Richmond Times-Dispatch, December 10, 1920

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Article Text

Georgia Bank Closes Doors. NASHVILLE. GA., Dec. 9.-The Berrien County Bank here closed its doors this morning, after a run yesterday afternoon in which the cashier, Hobart Alexander, paid depositors as long as funds held out. The bank is in the hands of the State banking department. Recent losses and poor collections were given as the cause for the failure.