State Bank - Hamilton, KS

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: August 25, 1930
Location: Hamilton, Kansas (37.979, -96.164)

Metadata

Model: gpt-5-mini
Short Digest: 589a1bec

Response Measures

Full suspension, Books examined

Other: State bank commissioner placed deputy in charge; board closed the bank and state took charge.

Description

OCR errors corrected. Article states heavy withdrawals by depositors the prior week led the board to close the State Bank at Hamilton; the state bank commissioner was notified and a deputy commissioner placed in charge. This indicates a depositor run leading to suspension/closure and state takeover (receiver).

Events (3)

1. August 25, 1930 Receivership

Newspaper Excerpt: John R. Emery deputy bank commissioner was placed in charge
Source: newspapers

2. August 25, 1930 Run

Cause: Bank Specific Adverse Info
Cause Details: Heavy withdrawals by depositors during the prior week precipitated the run and loss of liquidity.
Measures: Board of directors closed the bank; state bank commissioner notified; deputy commissioner placed in charge.
Newspaper Excerpt: Commissioner Koeneke said heavy by depositors the last week were the for the closing
Source: newspapers

3. August 25, 1930 Suspension

Cause: Government Action
Cause Details: Board closed the bank and state bank commissioner assumed control (state took charge / deputy commissioner placed in charge).
Newspaper Excerpt: The State Takes Charge of Depository at Hamilton / was closed today by its board of directors / John R. Emery ... was placed in charge
Source: newspapers

Newspaper Articles (1)

1. August 25, 1930 The Kansas City Star Kansas City, MO

Article from The Kansas City Star, August 25, 1930

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Article Text

RUN CLOSES A KANSAS BANK. The State Takes Charge of Depository at Hamilton (By State Bank. Hamilton. Kas was closed today by its board of directors. H. W. Koeneke, state bank commissioner was notified Commissioner Koeneke said heavy by depositors the last week were the for the closing The bank's last report to the state banking department showed capital $20,000: surplus $10.000: loans and discounts $132,397: deposits $126,042 and bills rediscounted $15,424. John R. Emery deputy bank commissioner. was placed in charge of the