gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
64bd2cf21f21e57a
Response Measures
None
Description
Articles report a five-day suspension by state authorities and expectation the bank will reopen; no explicit reopening article found.
Events (1)
1.December 11, 1930Suspension
Cause
Government Action
Cause Details
Suspended for five days by state banking authorities/under state banking department oversight.
Newspaper Excerpt
The Wilmot Bank was suspended late yesterday for five days.
Source
newspapers
Newspaper Articles (3)
1.December 11, 1930The Daily WorldHelena, AR
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Article Text
BANK REOPENS AS
Dec at Sheridan, Bank 17. reNov. on today and the Wilmot Bank for five days, andepartment banking
Smith Dec Hamilton, 90, Confederate vettoday at the home of daughter, Mrs. Webb Covington. Me four years in the ConHe was a native of
2.December 12, 1930Jonesboro Daily TribuneJonesboro, AR
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Article Text
BANK ACTIVITY RESUMED ACTION TODAY
Little Rock, Ark., Dec. 12. The Peoples Bank and Trust Company of which closed November 17, resumed business day after reorganizing The the board of Directors over to the State Banking Department. It was capitalized at $10,000 with $30,500 deposits. The Wilmot Bank was suspended late yesterday for five days. Eighty five banks have closed since November 1st, 26 have reopened and two have merg-
3.December 12, 1930The Courier NewsBlytheville, AR
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Article Text
REOPENS
People's Bank and Trust Reorganized; Two Small Banks Suspend.
LITTLE ROCK, Dec. 12 Another Arkansas bank which sus pended business during the general last month resumed business today, and one falled to open and has been placed the hands state banking department. The People's Bank and Trust pended business Nov. has been recignized and opened Its doors The Bank of Paul, St. Paul, Ark., was closed today by the of its board of directors and affairs turned over to the state banking department It was Italized $10.000 and had deposits totaling The Wilniet Bank of Wilmot formed the state banking department It had closed under the five day suspension It is believed the institution will reopen after
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.