Farmers & Merchants Bank

Episode Information

Episode UID: 71101071574
Episode Type: Run → Suspension → Reopening
Bank Type: state
Bank ID: 7110107 routing
Routing Number: 71-1010
Start Date: February 6, 1931
Location: Highland, Indiana (41.546, -87.457)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 67f5564444b95425

Response Measures

None

Events (3)

1. February 6, 1931 Run

Cause Details: Article states a run occurred but gives no trigger or cause
Measures: Bank closed to preserve its assets
Newspaper Excerpt: closed three weeks ago to preserve its assets during a run
Source: newspapers

2. February 6, 1931 Suspension

Cause Details: Bank suspended operations (closed) to preserve assets amid the run
Newspaper Excerpt: closed three weeks ago to preserve its assets during a run
Source: newspapers

3. February 27, 1931 Reopening

Newspaper Excerpt: was reopened yesterday. Grover Shinn, special bank examiner, described its condition as fine and solvent.
Source: newspapers

Newspaper Articles (1)

1. February 28, 1931 Evening Star Washington, DC

Article from Evening Star, February 28, 1931

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Article Text

Indiana Ban Reopens. HAMMOND, Ind., February 28 (P).The Farmers and Merchants Bank of Highland, Ind., closed three weeks ago to preserve its assets during a run, was reopened yesterday. Grover Shinn, special bank examiner, described its condition as "fine and solvent." The bank is capitalized at $700,000.

Episode Information

Metadata

Response Measures

Events (3)

Newspaper Articles (1)

Article Text

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

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