6641. Lumbermen's Bank & Trust Company (DeRidder, LA)

Bank Information

Episode Type
Run → Suspension → Closure
Bank Type
trust
Start Date
December 14, 1921
Location
DeRidder, Louisiana (30.846, -93.289)

Metadata

Model
gpt-5-mini
Short Digest
b246c8c0cd67e6e5

Response Measures

None

Description

Multiple contemporary papers report a run at Lumbermen's Bank & Trust Co. in DeRidder that produced heavy withdrawals; the bank closed its doors and is in charge of the State Banking Department. No subsequent reopening is reported in these articles, so classified as run -> suspension -> closure (state banking department control/receivership implied). OCR appears accurate; closure reported mid-December 1921.

Events (2)
1. December 14, 1921 Run
Cause
Rumor Or Misinformation
Cause Details
Heavy withdrawals triggered by alleged circulation of alarming reports (rumors/misinformation).
Measures
Bank closed its doors; placed in charge of State Banking Department.
Newspaper Excerpt
Due to a run on the institution causing heavy withdrawals as a result of alleged circulation of alarming reports
Source
newspapers
2. December 14, 1921 Suspension
Cause
Government Action
Cause Details
After the run and heavy withdrawals the bank closed and was placed in charge of the State Banking Department (state supervision/closure).
Newspaper Excerpt
the Lumbermen's Bank and Trust Company at DeRidder, La., closed its doors Wednesday and is in charge of the State Banking Department.
Source
newspapers

Newspaper Articles (3)
1. December 15, 1921 The Bienville Democrat Arcadia, LA
Article from The Bienville Democrat, December 15, 1921

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Article Text

Bank Closes Its Doors. Shreveport, La.-Due to a run on the institution causing heavy withdrawals as a result of alleged circulation of alarming reports, the Lumbermen's Bank and Trust Company at DeRidder, La., closed its doors Wednesday and is in charge of the State Banking Department.

2. December 17, 1921 The Weekly Iberian New Iberia, LA
Article from The Weekly Iberian, December 17, 1921

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Article Text

C Bank Closes Its Doors. Shreveport, La.-Due to a run on the institution causing heavy withdrawals as a result of alleged circulation of alarming reports, the Lumbermen's Bank and Trust Company at DeRidder, La., closed its doors Wednesday and is in charge of the State Banking Department.

3. December 17, 1921 The St. Mary Banner Franklin, LA
Article from The St. Mary Banner, December 17, 1921

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Article Text

Bank Closes Its Doors. Shreveport, La.-Due to a run on the institution causing heavy withdrawals as a result of alleged circulation of alarming reports, the Lumbermen's Bank and Trust Company at DeRidder, La., closed its doors Wednesday and is in charge of the State Banking Department.