State Bank - Webber, KS

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: September 25, 1930
Location: Webber, Kansas (39.935, -98.035)

Metadata

Model: gpt-5-mini
Short Digest: 81fdef85

Response Measures

Full suspension

Description

Article (The Belleville Telescope, 1930-10-02) reports the State Bank of Webber was closed; directors cite insufficient earnings and a run as responsible. Closure appears permanent (receiver/closure language). OCR errors corrected (e.g., phrasing 'last Thursday order board of director...' interpreted as bank closed last Thursday by order of directors).

Events (3)

1. September 25, 1930 Run

Cause: Bank Specific Adverse Info
Cause Details: Directors cited insufficient earnings that, together with a run, were responsible for the trouble.
Newspaper Excerpt: Directors Say Insufficient Earnings and Run Responsible.
Source: newspapers

2. September 25, 1930 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Directors cited insufficient earnings and the run; bank was closed (suspended) by directors/board and reported to the banking commission.
Newspaper Excerpt: The State Bank of Webber, County, Kan., was closed last Thursday
Source: newspapers

3. * Other

Newspaper Excerpt: bank's last statement to the banking commission showed capital, surplus, deposits, loans and bills payable (financial condition reported).
Source: newspapers

Newspaper Articles (1)

1. October 2, 1930 The Belleville Telescope Belleville, KS

Article from The Belleville Telescope, October 2, 1930

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Article Text

WEBBER BANK IS CLOSED Directors Say Insufficient Earnings and Run Responsible. The State Bank of Webber, County, Kan., was closed last Thursday order board of directearnings and given ns reasons for the bank's last statement to the banking commission showed capital. surplus, 201 deposits. $48,675 loans and counts, and bills payable. OPENS NEW Lloyd Lomax this week opened electric shop. portion of the King Equipment Mr. Lomax to from will feature house wiring, and repair The Electric Shop.