Bank of Carlock (Carlock, SD)

Episode Information

Episode UID
78051771320
Episode Type
Suspension → Reopening
Bank Type
state
Bank ID
7805177 routing
Routing Number
78-0517
Start Date
December 22, 1909
Location
Carlock, South Dakota (43.082, -99.435)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
96452924da0ecec6

Response Measures

None

Description

Reopened after reorganization by Nebraska banking interests.

Events (2)
1. December 22, 1909 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Inability to realize upon past-due loans; $12,000 of $25,000 in loans past due.
Newspaper Excerpt
President Thomas of the Bank of Carlock, has notified the state bank examiner of the closing of the bank and it will pass through liquidation.
Source
newspapers
2. January 27, 1910 Reopening
Newspaper Excerpt
The Bank of Carlock...has been reorganized and reopened to business by one of the strongest banking combinations of north Nebraska.
Source
newspapers

Newspaper Articles (5)
1. December 23, 1909 The Mitchell Capital Mitchell, SD
Article from The Mitchell Capital, December 23, 1909

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Article Text

BANK OF CARLOCK SUSPENDS OPERATIONS Gregory, S. D.. Dec. 22.-President Thomas of the Bank of Carlock, has notified the state bank examiner of the closing of the bank and it will pass through liquidation. Inability to realize upon past due paper is the cause assigned for the action. Out of a total of $25,000 loans, $12,000 is past due. The bank began business four years ago.

2. December 23, 1909 The Citizen-Republican Scotland, Parkston, SD
Article from The Citizen-Republican, December 23, 1909

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Article Text

BANK OF CARLOCK suspends OPERATIONS Gregory, S. D., Dec. 22.-President Thomas of the Bank of Carlock, has notified the state bank examiner of the closing of the bank and it will pass through liquidation. Inability to realize upon past due paper is the cause assigned for the action. Out of a total of $25,000 loans. $12,000 is past due. The bank began business four years ago.

3. December 30, 1909 The Citizen-Republican Scotland, Parkston, SD
Article from The Citizen-Republican, December 30, 1909

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Article Text

bank OF CARLOCK SUSPENDS OPERATIONS Gregory, S. D., Dec. 22.-President Thomas of the Bank of Carlock, has notified the state bank examiner of the closing of the bank and it will pass through liquidation. Inability to realize upon past due paper is the cause assigned for the action. Out of a total of $25,000 loans, $12,000 is past due. The bank began business four years ago.

4. January 7, 1910 Kingsbury County Independent Desmet, SD
Article from Kingsbury County Independent, January 7, 1910

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Article Text

BANK OF CARLOCK SUSPENDS OPERATIONS Gregory, S. D., Dec. 22.-President Thomas of the Bank of Carlock, has notified the state bank examiner of the closing of the bank and it will pass through liquidation. Inability to realize upon past due paper is the cause assigned for the action. Out of a total of $25,000 loans, $12,000 is past due. The bank began business four years ago.

5. January 28, 1910 The Norfolk Weekly News-Journal Norfolk, NE
Article from The Norfolk Weekly News-Journal, January 28, 1910

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Article Text

Bank of Carlock Is Open Again. The Bank of Carlock, at Carlock, S. D., which recently was forced to suspend because of a series of hard luck, has been reorganized and reopened to business by one of the strongest banking combinations of north Nebraska. J. D. Haskell of Wakefield is president, D. Mathewson of Norfolk vice president, C. D. Haskell of Gregory vice president and Harold Gow, son of Mr. and Mrs. C. C. Gow of Norfolk, cashier. C. C. Gow is one of the firm of Gow Bros., well known Norfolk loan men. Mr. Haskell passed through Norfolk at noon enroute to Wakefield from Carlock, where the bank reopened on Wednesday. On the first day there was a slight withdrawal of deposits, but on the second day the deposits had increased. Mr. Haskell was there four days. It is conceded that Carlock people may well regard themselves fortunate in getting behind the reorganization men of such standing as those who have taken charge of the institution.