Citizens State Bank

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: November 5, 1931
Location: Pratt, Kansas (37.644, -98.738)

Metadata

Model: gpt-5-mini
Short Digest: 1f5bcb81

Response Measures

None

Description

Article (Wichita Beacon, 1931-11-05) reports Citizens State Bank at Pratt closed its doors because of frozen assets and depositors petitioning for appointment of a receiver. OCR shows both Emmet Barker and Emmet Baker; likely Emmet Barker (appointment delayed). No explicit run mentioned — this is a suspension followed by receivership (closure).

Events (2)

1. November 5, 1931 Receivership

Newspaper Excerpt: Depositors representing threefourths ... have petitioned the state banking department to appoint Emmet Barker ... Appointment of a receiver for the Citizens State bank at Pratt has been delayed
Source: newspapers

2. November 5, 1931 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Closed because of frozen assets (insolvency/liquidity failure).
Newspaper Excerpt: the bank which closed its doors because of frozen assets.
Source: newspapers

Newspaper Articles (1)

1. November 5, 1931 The Wichita Beacon Wichita, KS

Article from The Wichita Beacon, November 5, 1931

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Article Text

DELAY NAMING BANK RECEIVER Pratt Depositers Petition for Appointment of Emmet Barker Appointment of a receiver for the Citizens State bank at Pratt has been delayed and is causing some uneasiness reports John Hardesty, president of the bank which closed its doors because of frozen assets. Depositors representing threefourths of those with money in the closed institution have petitioned the state banking department to appoint Emmet Baker, old time resident of Pratt county and mayor of the city. Mr. Barker is pioneer resident and has the reputation of being one of the most substantial citizens of the county Mr. Hardesty says that he is confident every depositor can be paid in full if the affairs of the bank are not bungled. HEADS HAVEN 4-H CLUB Harold Tonn was elected president of the Haven 4-H club at the annual election of officers held at that place. He succeeds Arthur Kach. who was named as vice president for the coming year. Everett Cupps was elected secretary and treaswer and Wilma Tonn, song HALF MILLION HERRINGS BURN YARMOUTH, ENGLAND. Nov. 5. -(UP)-Half million herrings, in process of being cured, were destroyed by fire here.