5909. Commercial State Bank (Kansas City, KS)

Bank Information

Episode Type
Run โ†’ Suspension โ†’ Closure
Bank Type
state
Start Date
July 21, 1927
Location
Kansas City, Kansas (39.100, -94.579)

Metadata

Model
gpt-5-mini
Short Digest
17df9217f378d756

Response Measures

None

Description

All articles report the Commercial State Bank failed to open July 22, 1927 after a run the prior day; state finance commissioner S. L. Cantley and directors closed the bank, citing slow loans. The provided bank information listed Kansas City, KS, but the contemporaneous reports clearly refer to Kansas City, Missouri (newspaper datelines read Kansas City, Mo./Kansas City). Because the articles describe a different jurisdiction than the one given, I set success = False. Sequence: run (July 21, 1927) preceded suspension/closure (failed to open July 22, 1927). No reopening or receivership reported in these articles.

Events (2)

1. July 21, 1927 Run
Cause
Bank Specific Adverse Info
Cause Details
Withdrawals followed concerns about slow loans (asset quality/slow loans cited by state finance commissioner).
Newspaper Excerpt
after a run on the bank yesterday. The run was not alarming, it was said.
Source
newspapers
2. July 22, 1927 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Directors and state finance commissioner closed the bank, citing slow loans as the reason for the closing.
Newspaper Excerpt
The Commercial State Bank here failed to open today. The decision to close was reached at a meeting between directors and S. L. Cantley, state finance commissioner
Source
newspapers

Newspaper Articles (6)

Article from Fulton Daily Sun-Gazette, July 22, 1927

Click image to open full size in new tab

Article Text

KANSAS CITY BANK CLOSED Kansas City, Mo., July 22-The Commercial State Bank here failed to open today. The decision to close was reached at a meeting between directors and S. L. Cantley, state finance commissioner, after a run on the bank yesterday. The run was not alarming, it was said. Mr. Cantley gave slow loans as the reason for the closing. Absence makes the picture postcards accumulate.


Article from Springfield Leader and Press, July 22, 1927

Click image to open full size in new tab

Article Text

SOLON UNSHAKEN BY BLAST DEATH THREAT KANSAS Dynamite found yesterday near country from second district probably left bringing Kansas City and was harm Mr and Mrs Guyer today Several wrapped around addressed friend' did bidding price alive BANK FAILS KANSAS CITY The Commercial State bank failed doors today The decision close reached meeting between directors and state finance commisafter the bank terday The run Mr Cantley gave slow loans reason for the closing YOUTH HELD FOR ROBBERY Albert Bims, 1605 Mount Vernon charged breaking the Woodward Tire company. 411 South Robberson ing held police headquarters Sims worth from the tire company. NEE AT HEARING. Dan left last for attend the before the pubservice the application the Springfield company for here. will return Saturday


Article from The Daily News and Intelligencer, July 22, 1927

Click image to open full size in new tab

Article Text

COMMERCIAL STATE BANK CLOSES By The Associated Press. KANSAS CITY. July 22.-The Commercial State Bank here failed to open its doors today. The decision to close was reached at a meeting between directors and S. L. Cantley. state finance commissioner, after run on the bank yesterday. The run was not alarming it was said. Mr. Cantley gave slow loans as the reason for closing.


Article from Columbia Daily Tribune, July 22, 1927

Click image to open full size in new tab

Article Text

Commercial State Bank At Kansas City Closes By Associated Press. KANSAS CITY Mo. The State Bank its doors today The close was reached meeting directors and finance on


Article from The Daily Republican, July 22, 1927

Click image to open full size in new tab

Article Text

Kansas City Bank Fails to Open By Associated Press. Kansas City, July 22.-The Commercial State Bank here failed to open its doors today. The decision to close was reached at a meeting between directors and S. L. Cantley,


Article from St. Joseph Gazette, July 23, 1927

Click image to open full size in new tab

Article Text

BANK FAILS TO OPEN Kansas City, July Commercial State bank here failed open its doors today The close reached meeting between directors and Cantley. state finance commissioner, after the bank yesterday. The not alarmsaid. Cantley loans the reason for the closing.