Peoples State Bank (Longview, TX)

Episode Information

Episode UID: 88019071400
Episode Type: Run → Suspension → Closure
Bank Type: state
Bank ID: 8801907 routing
Routing Number: 88-0190
Start Date: August 18, 1916
Location: Longview, Texas (32.501, -94.740)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 628c96bc4ca3b733

Response Measures

None

Description

Cashier reported missing and large shortage cited; closed by state banking officials.

Events (2)

1. August 18, 1916 Run

Cause: Bank Specific Adverse Info
Cause Details: Depositors made a brief run after discovery of a large shortage and reports the cashier was missing with approximately $70,000–$100,000.
Measures: None reported besides depositor withdrawals prior to closure.
Newspaper Excerpt: following a brief run this morning
Source: newspapers

2. August 18, 1916 Suspension

Cause: Government Action
Cause Details: Closed by bank examiner on orders of the state banking commissioner after discovery of a large shortage and missing cashier.
Newspaper Excerpt: was closed by John Weightman, bank examiner, under orders from Banking Commissioner Patterson
Source: newspapers

Newspaper Articles (5)

1. August 18, 1916 The Waxahachie Daily Light Waxahachie, TX

Article from The Waxahachie Daily Light, August 18, 1916

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Article Text

LONGVIEW STATE BANK CLOSED BY EX EXAMINER. LONGVIEW, Texas, August 18.The People's State bank. following a brief run today, was closed by John Weightman, bank examiner, under orders from Banking Commissioner Patterson. The amount of the shortage was not stated, but it is believed to be large.

2. August 18, 1916 East Oregonian : E.O Pendleton, OR

Article from East Oregonian : E.O, August 18, 1916

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Article Text

TEXAS BANK CASHIER AND $100,000 MISSING 18.LONGVIEW, Tex., Aug. Banking Commissioner Patterson has closed the Peoples State Bank. Cashier G. N. Campbell and a hundred thousand dollars are missing. G. A. Bodenheim, a heavy stockholder, is also missing. Their whereabouts are unknown. Patterson is en route here from Austin to conduct a personal investigation. Depositors made a short run on the bank before closing.

3. August 18, 1916 Daily Capital Journal Salem, OR

Article from Daily Capital Journal, August 18, 1916

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Article Text

TEXAS BANK CLOSED. Longview, Texas, Aug. 18.- The Peoples State Bank, following a brief run this morning. was closed by John Wightman, bank examiner, under orders of Banking Commission Patterson. The amount of the shortage was not stated, but it is believed to be large. Unofficial advances from the department of banking and insurance at Austin, place the shortage at from $70,000 to $100,000.

4. August 18, 1916 The Topeka State Journal Topeka, KS

Article from The Topeka State Journal, August 18, 1916

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Article Text

CLOSE LONGVIEW BANK Texas Institution Believed to Have Shortage of $70,000. Longview, Tex., Aug. 18.-The People's State bank, following a brief run this morning, was closed by John Wightman, bank examiner, under orders of Banking Commissioner Patterson. The amount of the shortage was not stated but it is believed to be large. Unofficial advices from the department of banking and insurance at Austin place the shortage at $70,000.

5. August 24, 1916 Wood County Reporter Wisconsin Rapids, WI

Article from Wood County Reporter, August 24, 1916

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Article Text

TEXAS BANK IS CLOSED Amount of Shortage Not Known, But Believed to be Large. (By United Press Association) Long View Texas, Aug. 18.- The People's State Bank, following a run this morning was closed by John Whitman, bank examiner under orders of the bank commission. The amount of shortage was not stated, but it is believed to be large.