State Bank - Evanston, IL

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: June 12, 1931
Location: Evanston, Illinois (42.041, -87.690)

Metadata

Model: gpt-5-mini
Short Digest: 2d13ead9

Response Measures

None

Description

Article states the State Bank of Evanston was closed by the state auditor's office due to depleted reserves (June 12, 1931). No run is mentioned; closure appears to be by government action and permanent.

Events (1)

1. June 12, 1931 Suspension

Cause: Government Action
Cause Details: Closed by the state auditor's office because of depleted reserves; 28th bank suspension of the week in Chicago area.
Newspaper Excerpt: State Bank of Evanston closed today by the state auditor's office due to depleted reserves.
Source: newspapers

Newspaper Articles (1)

1. June 12, 1931 The Edwardsville Intelligencer Edwardsville, IL

Article from The Edwardsville Intelligencer, June 12, 1931

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Article Text

STATE BANK OF CLOSED Chicago. June Illinois State Bank of Evanston closed today by the state auditor's office due to depleted reserves. was the 28th bank suspension of the week in the Chicago and the second the The institutions capitalization was and its deposits at the time of its last statement amounted to making one of the smallbanks to