Adams County Bank - Decatur, IN

Episode Information

Episode UID: 7523223291566
Episode Type: Run → Suspension → Closure
Bank Type: trust
Bank ID: 752322329 hash
Start Date: June 14, 1930
Location: Decatur, Indiana (40.831, -84.929)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 61953cea7ef387e3

Response Measures

None

Description

Article states Adams County Bank closed after a run; no reopening mentioned.

Events (3)

1. June 14, 1930 Run

Cause: Local Banks
Cause Details: Panic among depositors following recent local bank closures in the county, producing a run on Adams County Bank.
Newspaper Excerpt: the closing of the followed only few hours after the closing of Adams county bank here yesterday
Source: newspapers

2. June 14, 1930 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Bank closed after heavy withdrawals/run; article reports it closed (likely suspended) following the run.
Newspaper Excerpt: the closing of Adams county bank here yesterday
Source: newspapers

3. * Other

Newspaper Excerpt: Within the last two weeks two other in Adams county have closed. They were the Linn Grove State bank and the People's State bank of ... Illiana State bank here was closed today following the arrest of Fred Bell, former on charge embezzling $25,000.
Source: newspapers

Newspaper Articles (1)

1. June 15, 1930 Evansville Courier and Press Evansville, IN

Article from Evansville Courier and Press, June 15, 1930

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Article Text

RUN FORCES BANK TO CLOSE DECATUR. June run by panic-stricken depositors caused the closing today of the People's Loan and Trust company of this city. The closing of the followed only few hours after the closing of Adams county bank here yesterday and left the First National bank the only banking institution in the city. This bank also expertenced serious run but open and paid depositors as they demanded Within the last two weeks two other in Adams county have closed. They were the Linn Grove State bank and the People's State bank of Illiana State bank here was closed today following the arrest of Fred Bell, former on charge embezzing $25,000.