Damar State Bank - Damar, KS

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 21, 1929
Location: Damar, Kansas (39.319, -99.583)

Metadata

Model: gpt-5-mini
Short Digest: ecee0156

Response Measures

None

Description

Article (Nov 21, 1929) lists Damar State Bank among 'failed banks' and announces a dividend to depositors of $13,600. No mention of a run; bank is in receivership/failed and paying dividends, so this is a suspension/closure (failure) rather than a run-driven episode.

Events (1)

1. November 21, 1929 Receivership

Newspaper Excerpt: Depositors in ... the Damar state bank $13,600.
Source: newspapers

Newspaper Articles (1)

1. November 21, 1929 Council Grove Republican Council Grove, KS

Article from Council Grove Republican, November 21, 1929

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Article Text

MORE BANK DIVIDENDS Topeka, Nov. Johnson, state will pay $130,000 to depositors of failed banks next month. Depositors in the Newton state bank will receive $53,000, the Randall Exchange $16,000, the Longton state bank the Phillips county bank $34,and the Damar state bank $13,600.