Farmers Bank (Doerun, GA)

Episode Information

Episode UID
64047171524
Episode Type
Run โ†’ Suspension โ†’ Reopening
Bank Type
state
Bank ID
6404717 routing
Routing Number
64-0471
Start Date
December 10, 1926
Location
Doerun, Georgia (31.320, -83.917)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
4a70956c5a3cb165

Response Measures

None

Description

Articles state the bank closed Dec. 10, 1926 after heavy withdrawals and that plans to reopen/reorganize were underway.

Events (3)

1. December 10, 1926 Run
Cause
Rumor Or Misinformation
Cause Details
Depositors lost confidence and withdrew about half the deposits over a few weeks, triggering a run.
Measures
Efforts to reorganize and plans to reopen were initiated.
Newspaper Excerpt
its customers [lost] confidence and deposits...about half the check withdrawn within a period of few weeks.
Source
newspapers
2. December 10, 1926 Suspension
Cause
Rumor Or Misinformation
Cause Details
Bank closed after heavy withdrawals and loss of depositor confidence despite reportedly sound affairs.
Newspaper Excerpt
which closed its doors last Friday.
Source
newspapers
3. * Other
Newspaper Excerpt
Plans on Foot To Reopen Bank / effort to reorganize the Farmers' Bank of Doerun ... to be made just as soon as possible.
Source
newspapers

Newspaper Articles (2)

Article from The Macon News, December 13, 1926

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Article Text

Plans on Foot To Reopen Bank Special to The News fort to reorganize the Farmers' Bank of Doerun. near here. which closed its doors last Friday. la be made just as soon as possible according to word received here.


Article from The Atlanta Journal, December 14, 1926

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Article Text

Farmers' Bank Plans To Reopen in Doerun MOULTRIE, Ga., Dec. 14.-An of fort to recognize the Farmers' bank, of Doerun, near here, which closed its doors last Friday, to be made just cording word received here. was stated that the affairs of bank were in good shape and that would been possible for to have continued to operate "if its customers not confidence" and deposits. on the bank in accepted of the word, but about half the check withdrawn within a period of few weeks. Doerun is now without bank, the Bank of Doerun, the only other fiinstitution there, having sus. pended business weeks ago. Its grew out of frozen assets in the form of farm paper.