George W. Hallock Bank

Episode Information

Episode UID: 50048771349
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 5004877 routing
Routing Number: 50-0487
Start Date: May 31, 1912
Location: Bath, New York (42.337, -77.318)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 4a0a5ba70cb68af1

Response Measures

None

Events (2)

1. May 31, 1912 Receivership

Newspaper Excerpt: George K. Hallock Bank at Bath, N. Y., in Hands of Receiver. Reuben R. Lyon, in temporary charge.
Source: newspapers

2. May 31, 1912 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Ascribed the crisis to liberality in loaning (excessive lending led to insolvency concerns).
Newspaper Excerpt: The George W. Hallock bank at Bath closed its doors today.
Source: newspapers

Newspaper Articles (1)

1. June 1, 1912 Evening Times-Republican Marshalltown, IA

Article from Evening Times-Republican, June 1, 1912

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Article Text

PRIVATE BANK CLOSES. George K. Hallock Bank at Bath. N. Y., in Hands of Receiver. Rochester. N. Y. May 31.-The George W. Hallock bank at Bath. closed its doors today. Reuben R. Lyon, in temporary charge. says the assets will exceed liabilities and ascribes the present crisis to liberality in loaning. The bank, a private institution. has deposits of about $700,000 and has done business since 1849.

Episode Information

Metadata

Response Measures

Events (2)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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