Bank of Lima - Lima, OH

Episode Information

Episode UID: 6959222291282
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 695922229 hash
Start Date: October 22, 1906
Location: Lima, Ohio (40.741, -84.112)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: dbbfa5d14582d94b

Response Measures

None

Events (1)

1. October 22, 1906 Suspension

Cause: Voluntary Liquidation
Cause Details: Owners voluntarily retired from banking to liquidate accounts through Lima Trust Company due to other business interests.
Newspaper Excerpt: Lima Bank is Liquidating. Lima, O., October 22.-The Bank of Lima... voluntarily retired from the financial field here yesterday and is liquidating all accounts through the Lima Trust company.
Source: newspapers

Newspaper Articles (1)

1. October 23, 1906 The Birmingham Age-Herald Birmingham, AL

Article from The Birmingham Age-Herald, October 23, 1906

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Article Text

Lima Bank is Liquidating. Lima, O., October 22.-The Bank of Lima, organized two years ago with capital stock of $50,000, and its own banking block, which it took possession of but six months ago, voluntarily retired from the financial field here yesterday and is liquidating all accounts through the Lima Trust company. The bank had secured a long list of savings depositors and was doing a healthy business but other interests of its owners in the mining and industrial fields of the west is given as the cause of the suspension.

Episode Information

Metadata

Response Measures

Events (1)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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