Farmers State Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 18, 1930
Location: Miami, Indiana (40.614, -86.106)

Metadata

Model: gpt-5-mini
Short Digest: b88a8b02

Response Measures

None

Description

OCR'd article reports the Farmers State Bank of Miami, Miami County (IN) suspension of business announced by the state banking commissioner on Nov 18, 1930. The notice gives no reason and no mention of reopening; because the suspension was announced by the state banking commissioner (government action) and no reopening is reported in the available text, I classify this as suspension_closure. OCR errors corrected (missing words and names).

Events (1)

1. November 18, 1930 Suspension

Cause: Government Action
Cause Details: Suspension announced by the state banking commissioner; article gives no reason for the suspension.
Newspaper Excerpt: No Reason Given For Suspension Of Business By State Institution ... of the Farmers State Bank at Miami, Miami county, announced today by Luther state banking commissioner.
Source: newspapers

Newspaper Articles (1)

1. November 18, 1930 The Times-Mail Bedford, IN

Article from The Times-Mail, November 18, 1930

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Article Text

COUNTY No Reason Given For Suspension Of Business By State Institution INDIANAPOLIS, Nov. 18 (AP) of the Farmers State Bank at Miami, Miami county, announced today by Luther state banking commissioner. No reason for suspension was The bank capitalized had deposits of Jay Steadman was president Conn was cashier.