First State Bank (Bowdle, SD)

Episode Information

Episode Type
Suspension → Closure
Start Date
December 9, 1932
Location
Bowdle, South Dakota (45.453, -99.654)
Bank Type
state
Routing Number
78-0211

Metadata

Episode ID
Bank ID
City ID
461254024
Model
gpt-5-mini
Short Digest

Notes

Article states the bank was announced closed by the state superintendent but gives no further detail on insolvency or runs.

Events (1)
1. December 9, 1932 Suspension
Cause
Government Action
Cause Details
Closure announced by E. A. Ruden, South Dakota Superintendent of Banks; bank reported closed.
Newspaper Excerpt
E. A. Ruden, Supt. of Banks, has announced: First State Bank, Bowdle, closed.
Source
newspapers

Newspaper Articles (2)
1. December 9, 1932 The Producers News Plentywood, MT
Article from The Producers News, December 9, 1932

Click image to open full size in new tab

Article Text

New Bank Suspensions Nebraska

George W. Woods, Bank Commissioner, has announced: Bank of Raymond, Raymond, closed. South Dakota: E. A. Ruden, Supt. of Banks, has announced: First State Bank, Bowdle, closed. National banks suspending Nov. 18, as re- ported to the Comptroller of the Currency and made public Nov. 18, were: National banks suspending Nov .14, as reported to the Comptroller of the Currency and made public Nov. 14 were: Shawnee National Bank, Shawnee, Okla.; resources, $2,359,264; First National Bank of Allen, Okla., resources $119,771; First National Bank of McLoud, Okla.; resources, $130,272; Park National Bank of Sulphur, Okla.; resources, $213,651. Diamond National Bank of Pittsburgh, Pa.,; resources, $15,849,950. United States National Bank and Trust Co4 of Kenosha, Wis.; resources, $1,812,553. National banks suspending Nov. 21 and 22, as reported to the Comptroller of the Currency and made public Nov. 23, were: Nov. 21: Ayers National Bank, Jacksonville, 111., resources, $8,285,998. Nov. 22: First National Bank of Faulkton, S. Dak., resources $257,141.

2. December 9, 1932 The Producers News Plentywood, MT

Article Text

New Bank Suspensions

Nebraska: George W. Woods, Bank Commissioner, has announced: Bank of Raymond, Raymond, closed.

South Dakota: E. A. Ruden, Supt. of Banks, has announced: First State Bank, Bowdle, closed.

National banks suspending Nov. 18, as reported to the Comptroller of the Currency and made public Nov. 18, were:

National banks suspending Nov. 14, as reported to the Comptroller of the Currency and made public Nov. 14 were:

Shawnee National Bank, Shawnee, Okla.; resources, $2,359,264; First National Bank of Allen, Okla., resources $119,771; First National Bank of McLoud, Okla.; resources, $130,272; Park National Bank of Sulphur, Okla.; resources, $213,651.

Diamond National Bank of Pittsburgh, Pa.; resources, $15,849,950.

United States National Bank and Trust Co. of Kenosha, Wis.; resources, $1,812,553.

National banks suspending Nov. 21 and 22, as reported to the Comptroller of the Currency and made public Nov. 23, were:

Nov. 21: Ayers National Bank, Jacksonville, Ill., resources, $8,285,998.

Nov. 22: First National Bank of Faulkton, S. Dak., resources $257,141.