gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
72a2ce66b5e8d58f
Response Measures
None
Description
Articles show suspension in 1924 and final liquidation/dividend paid in 1933; OCR variants in name/dates corrected.
Events (2)
1.December 22, 1924Suspension
Cause Details
Article states suspension date but gives no reason.
Newspaper Excerpt
The bank was suspended on December 22, 1924.
Source
newspapers
2.January 12, 1933Receivership
Newspaper Excerpt
liquidation of the Stockman's Bank, at Hot Springs, has been terminated, and final dividend ... will be paid to deposit creditors. The bank was suspended on December 1924.
LIQUIDATION COMPLETED PIERRE, Jan. of the Stockman's Bank, at Hot Springs, has been terminated, and final dividend of cent will be paid to deposit per creditors. today the state banking department. The vidend represents distribution of $10,750. Previous dividends have amounted to 20 per cent. The bank was suspended on December 1924.
LIQUIDATION COMPLETED PIERRE, Jan. of the Stockman's Bank, at Hot Springs, has been terminated, and final dividend per cent will be paid to deposit creditors, was announced today the state banking department. The vidend represents distribution of proximately Previous dends have amounted 20 cent. The bank was suspended on December 22, 1924.
3.February 25, 1933Rapid City JournalRapid City, SD
Click image to open full size in new tab
Article Text
HOT SPRINGS BANK Pierre, Feb. state banking department announced day that liquidation of the Stockman's bank, Hot Springs, has been completed and final dividend three per cent being paid today. Two previous dividends 10 each been paid. The bank suspended Dec. 22, 1924.
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.