gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
6b2fd0569e3d1409
Response Measures
None
Events (3)
1.September 1, 1931*Suspension
Cause
Government Action
Cause Details
Closed and placed in receivership during banking troubles beginning in fall 1931
Newspaper Excerpt
the first of five banks closed in the county since last fall
Source
newspapers
2.February 16, 1932Reopening
Newspaper Excerpt
The Hancock Bank... reopened yesterday with C. H Locher as president.
Source
newspapers
3.*Receivership
Newspaper Excerpt
Judge Frank G. Wagaman signed an order dismissing receivership proceedings.
Source
newspapers
Newspaper Articles (2)
1.February 16, 1932The Washington TimesWashington, DC
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Article Text
Hancock Bank Opens; Receivership Ends HAGERSTOWN, Md., Feb. 16. The Hancock Bank, of Hancock, the first of five banks closed in the county since last fall, reopened yesterday with C. H Locher as president. The bank is the seventh of 14 closed in Mary. land to reopen. Judge Frank G. Wagaman signed an order dismissing receivership proceedings.
2.August 14, 1932Evening starWashington, DC
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Article Text
TEN MARYLAND BANKS HAVE NOW REOPENED
Only Eight Institutions in State Are Now Reopening Planned.
Special Dispatch The BALTIMORE, August 13.-Ten of the eighteen their 1931, have eleventh pected September according to officials the State bank commissioner's office. for another its doors have reopened are: State Trappe, opened branch the Farmers Merchants' Commercial Bank of Frederick, Hancock Bank. Middletown Savings Bank, Provident Bank Preston, Farmers' Bank Somerset County Marion Station The tember the Savings at Williamsport.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.