Home State Bank - Anthony, KS

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: September 19, 1927
Location: Anthony, Kansas (37.153, -98.031)

Metadata

Model: gpt-5-mini
Short Digest: 90d35533

Response Measures

Capital injected, Full suspension, Books examined

Other: Directors/borrowers mortgaging personal property to cover $150,000 deficit; state banking department took charge.

Description

OCR errors corrected (names: Donald Muir/Lodeman; date of run given as September 19 likely 1927 since article is Jan 8, 1928). Article describes a 'quiet run' on Sept. 19, large loan losses/deficit ~$150,000, state banking department taking charge and directors mortgaging property to make good depositors — indicates suspension and effective closure rather than reopening. No explicit reopening mentioned.

Events (3)

1. September 19, 1927 Run

Cause: Bank Specific Adverse Info
Cause Details: Large shortage/deficit (~$150,000) tied to bad loans leading to a quiet run on Sept. 19.
Measures: Directors and private parties (Muir and Lodeman and family) mortgaging property and raising $150,000 to make good the deficit; efforts to collect about $90,000 of bad loans.
Newspaper Excerpt: quiet run on the bank, the trouble September 19.
Source: newspapers

2. September 19, 1927 Suspension

Cause: Government Action
Cause Details: State banking department was asked to take charge of the institution after the run/deficit, implying suspension/assumption of control by regulators.
Newspaper Excerpt: asked the state banking department charge of the institution.
Source: newspapers

3. January 8, 1928 Other

Newspaper Excerpt: the directors ... will make the $150,000 in the Home State Bank ... will pay every dollar to depositors.
Source: newspapers

Newspaper Articles (1)

1. January 8, 1928 The Kansas City Star Kansas City, MO

Article from The Kansas City Star, January 8, 1928

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Article Text

TO MAKE BANK Anthony Deficit $150,000 will by Directors. ANTHONY, KAS., Jan have lived here long time, and expect continue Anthony my home. That why want to see that not single depositor in the bank loses That the made yesterday by Donald Anthony, who, of the bank, has decided make the $150,000 in the Home State Bank this loans and quiet run on the bank, the trouble September 19. asked the state banking department charge of the institution. The total deposits in the were $240,000. Of amount about $90,000 has been collected, and with the amount Mr. Muir and Mr. Lodeman will obtain, will pay every dollar to depositors. hoped to have this ready February The greater part this shortage being made Mr. Muir his mother, are mortgaging the Muir except family for $150,000 Mr. Muir's Dr. few ago. The family has borne because this that Donald Muir going see that depositors the Home State get every dollar coming them.