Eunice State Bank - Eunice, LA

Bank Information

Episode Type: Run → Suspension → Closure
Bank Type: state
Start Date: January 24, 1925
Location: Eunice, Louisiana (30.494, -92.418)

Metadata

Model: gpt-5-mini
Short Digest: ee142313

Response Measures

Full suspension, Books examined

Other: Bank was insolvent; examiner had examined a few days earlier and found sound, per OCR text.

Description

Article (Shawnee News-Star, 1925-01-24) reports a run of depositors that forced Eunice State Bank to close because it was insolvent. No mention of reopening; bank examiner had reported it sound a few days earlier. Classified as run leading to suspension and closure.

Events (2)

1. January 24, 1925 Run

Cause: Bank Specific Adverse Info
Cause Details: Depositors ran after the bank was found to be insolvent (article states bank is insolvent and closed)
Measures: Bank closed doors; president and others attempted to get assistance from another bank but were unsuccessful
Newspaper Excerpt: RUN CLOSES BANK ... Following Run Of Depositors ... closed its doors Eunice state bank this afternoon
Source: newspapers

2. January 24, 1925 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank closed due to insolvency following the depositors' run; examiner had earlier reported condition sound a few days prior
Newspaper Excerpt: closed its doors Eunice state bank this afternoon
Source: newspapers

Newspaper Articles (1)

1. January 24, 1925 Shawnee News-Star Shawnee, OK

Article from Shawnee News-Star, January 24, 1925

Click image to open full size in new tab

Article Text

RUN CLOSES BANK Institution Is Insolvent Louisiana Following Run Of Depositors closed its doors Eunice state bank this afternoon which started the openthis Scores ing hour not succeeded reaching window when the supthe ply cash the president, notice of and that efforts being vising made get some other bank tide them The bank capitalized and deposits about $500, The bank examiner its condition sound three found ago.