Stockton Bank - Stockton, IA

Episode Information

Episode UID: 72191871573
Episode Type: Suspension → Closure
Bank Type: private
Bank ID: 7219187 routing
Routing Number: 72-1918
Start Date: January 1, 1931*
Location: Stockton, Iowa (41.591, -90.859)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 8b57b5342520c00a

Response Measures

None

Description

Article states the bank suspended recently and trustees are liquidating assets, implying permanent closure.

Events (2)

1. January 1, 1931* Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank suspended and trustees appointed; liquidation of assets underway suggesting insolvency or failure.
Newspaper Excerpt: the Stockton bank which suspended recently
Source: newspapers

2. January 15, 1931 Other

Newspaper Excerpt: Dittmer, one of the trustees of the Stockton bank which suspended recently, bought stock of the general store ... at sheriff's sale for $4,200 and opened the store this morning, sell out the stock. The trustees ... authorized issuance of letters ... to facilitate liquidation of the bank's affairs.
Source: newspapers

Newspaper Articles (1)

1. January 16, 1931 Quad-City Times Davenport, IA

Article from Quad-City Times, January 16, 1931

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Article Text

STOCKTON SELLS STORE: TO LIQUIDATE Dittmer, Trustee, Pays 200 for Stock; Debtors Urged to Settle. Stockton, Ia., Jan. Ditt. mer, one of the trustees of the Stockton bank which suspended recently, bought stock of the general store Stockton yesterday sheriff's sale for $4,200 and opened the store this morning, sell out the stock. The bank held mortgage on the business, reported to in excess of the amount received at the sheriff's sale. The trustees of the bank yesterday authorized issuance of letters debtors urging them make immediate settlement with Ernest Werner, Walcott, or E. Tipton, Muscatine, trustees for the bank, facilitate liquidation of the bank's affairs.