First State Bank (Idalou, TX)

Episode Information

Episode UID
88197671549
Episode Type
Run → Suspension → Closure
Bank Type
state
Bank ID
8819767 routing
Routing Number
88-1976
Start Date
January 30, 1929
Location
Idalou, Texas (33.666, -101.683)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
af1453e3dc06e110

Response Measures

None

Events (4)
1. January 30, 1929 Run
Cause Details
President attributed closure to a run by depositors; no specific trigger described.
Newspaper Excerpt
J. W. Turner, president of the bank, attributed the closure to a run by depositors.
Source
newspapers
2. January 30, 1929 Suspension
Cause
Government Action
Cause Details
Representatives of the State Banking Department took over affairs after bank failed to open.
Newspaper Excerpt
failure of the bank to open for business Wednesday.
Source
newspapers
3. January 31, 1929 Other
Newspaper Excerpt
Representatives of the State Banking department took over affairs of the First State Bank of Idalou today following failure of the bank to open for business Wednesday.
Source
newspapers
4. January 31, 1929 Receivership
Newspaper Excerpt
Representatives of the State Banking department took over affairs of the First State Bank of Idalou today following failure of the bank to open for business Wednesday.
Source
newspapers

Newspaper Articles (2)
1. January 31, 1929 The Amarillo Globe-Times Amarillo, TX
Article from The Amarillo Globe-Times, January 31, 1929

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Article Text

IDALOU BANK FAILS TO OPEN FOR BUSINESS sentatives of the State Banking department took over affairs of the First State Bank of Idalou tuilay, fol. lowing failure of the bank to open for business Wednesday. J. W. Turner. president of the bank, attributed the closure to a run by The bank was organized in 1920 and had capital stock of $35,000. deposits of $186,000 and loans of $115,000, ac. cording to the last statement.

2. January 31, 1929 The Marshall News Messenger Marshall, TX
Article from The Marshall News Messenger, January 31, 1929

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Article Text

IDALOU STATE BANK CLOSES ITS DOORS Representatives of the State Banking department took over af fairs of the First State Bank of Idalou today following failure of the bank to open for business WedJ. W. Turner, president of the bank, attributed the closure to a run by depositors. The bank was organized in 1920 and had capital stock of $35,000, deposits of $186,000 and loans of 15,000, according to the last