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, 1927Run
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, 1927Suspension
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)
1.July 22, 1927Fulton Daily Sun-GazetteFulton, MO
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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.
2.July 22, 1927Springfield Leader and PressSpringfield, MO
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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
3.July 22, 1927The Daily News and IntelligencerMexico, MO
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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.
4.July 22, 1927Columbia Daily TribuneColumbia, MO
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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
5.July 22, 1927The Daily RepublicanPoplar Bluff, MO
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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,
6.July 23, 1927St. Joseph GazetteSt. Joseph, MO
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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.