Farmers State Bank (West Mansfield, OH)

Episode Information

Episode UID
56077871585
Episode Type
Run → Suspension → Closure
Bank Type
state
Bank ID
5607787 routing
Routing Number
56-0778
Start Date
January 17, 1932
Location
West Mansfield, Ohio (40.402, -83.545)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
7764c41f76f7c9ee

Response Measures

None

Description

Sources conflict on exact month/year of the closing (articles reference January closures in 1932 vs. a 1933 report).

Events (3)
1. January 17, 1932 Receivership
Newspaper Excerpt
The state took charge of the bank for liquidation on Jan. 17, 1932, after a heavy run.
Source
newspapers
2. January 17, 1932 Run
Cause
Rumor Or Misinformation
Cause Details
Large withdrawals in January 1932 prompted by tips that the bank was about to close.
Measures
Directors decided not to reopen; state banking representative intervened.
Newspaper Excerpt
The state took charge of the bank for liquidation on Jan. 17, 1932, after a heavy run.
Source
newspapers
3. January 23, 1933 Other
Newspaper Excerpt
After making determined effort to close the doors of the Farmers State Bank by withdrawing their deposits on Monday, the Directors finally decided that night not to reopen on Tuesday morning. Consequently the affairs of this institution was taken over by Jones, representative of the State Banking Department.
Source
newspapers

Newspaper Articles (2)
1. January 23, 1933 The Union County Journal Marysville, OH

Article Text

A DETERMINED EFFORT The Bellefontaine Examiner says that one of the reasons the West Manefield bank closed was that the West Mansfield Enterprise failed to appear the week the bank's statement should have been printed, which caused suspicion and on the bank. The Enteprise in its last issue, says: "After making determined effort to close the doors of the Farmers State Bank by withdrawing their deposits on Monday, the DI rectors finally decided that night not to reopen on Tuesday morning. onsequently the affairs of this stitution was taken over by Jones, representative of the State Banking Department."

2. May 28, 1934 Dayton Daily News Dayton, OH

Article Text

SEEK TO RECOVER BANK WITHDRAWALS BELLEFONTAINE, May 28.—State banking department authorities are making an effort that may lead to court litigation to have returned to the Farmers State bank at West Mansfield sums amounting to about $30,000, alleged to have been withdrawn from the bank in January, 1932, on "tips" that the bank was about to close. The state took charge of the bank for liquidation on Jan. 17, 1932, after a heavy run. WAR DEPARTMENT, Office of the Constructing Quartermaster, Fairfield Air Depot, Patterson Field, Fairfield, O. Sealed proposals will be received at this office until 11:00 A. M., E. S. T., May 29, 1934, and then publicly opened for the construction and installation of Insect Screen Doors & Window Screens in 68 Officers' Quarters at Fairfield Air Depot, Patterson Field, Fairfield, O. Plans and specifications will be furnished upon deposit of a certified check in the amount of $5.00, made payable to the Treasurer of the U. S. Information at above address. 5-1, 2, 3, 4, 26, 28.