State Bank - Kansas City, KS

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: December 1, 1926*
Location: Kansas City, Kansas (39.114, -94.627)

Metadata

Model: gpt-5-mini
Short Digest: 5985e701

Response Measures

Full suspension, Books examined

Other: Depositors withdrew over six weeks; bank placed in hands of State Bank Examiner and discontinued operations.

Description

Article (St. Louis Post-Dispatch, 1926-12-31) reports depositors had withdrawn for six weeks and the board voted to place the depository in the hands of the State Bank Examiner. That indicates a run preceded a government-led suspension/placement with no mention of reopening, so classified as run -> suspension -> closure. OCR truncated some lines; no reopening or receivership date given beyond examiner control.

Events (2)

1. December 1, 1926* Run

Cause: Bank Specific Adverse Info
Cause Details: Sustained withdrawals by depositors over the prior six weeks indicating loss of confidence in the bank itself (article does not mention an external rumor or correspondent failure).
Newspaper Excerpt: depositors had withdrawn during the last six weeks
Source: newspapers

2. December 30, 1926 Suspension

Cause: Government Action
Cause Details: Directors placed the depository in the hands of the State Bank Examiner (state supervisory action resulting in suspension/closure).
Newspaper Excerpt: the board of directors of the State Bank here last night voted to place the depository in the hands of the State Bank Examiner
Source: newspapers

Newspaper Articles (1)

1. December 31, 1926 St. Louis Post-Dispatch St. Louis, MO

Article from St. Louis Post-Dispatch, December 31, 1926

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Article Text

CAUSES BANK TO CLOSE Kansas City (Kan.) Depository Drained for Six Weeks. Associated Press. KANSAS CITY. Kan., Dec. The board of directors of the State Bank here last night voted to place the depository in the hands of the State Bank Examiner. Nourse, president of the bank, in announcing would be discontinued today, said depositors had withdrawn during the last six weeks. The bank was capitalized at had deposits