Ballantine State Bank - Ballantine, MT

Episode Information

Episode UID: 93025071476
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 9302507 routing
Routing Number: 93-0250
Start Date: December 2, 1922
Location: Ballantine, Montana (45.949, -108.145)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: f2b4d1f2cfa1e94b

Response Measures

None

Events (2)

1. December 2, 1922 Suspension

Cause: Government Action
Cause Details: Closed after examinations by the state bank examiner; suspended/closed following examiner's report.
Newspaper Excerpt: the Ballantine bank closed December 2.
Source: newspapers

2. February 15, 1923 Receivership

Newspaper Excerpt: RECEIVERS ASK FOR HUNTLEY AND BALLANTINE STATE BANKS ... has started proceedings to have receivers appointed for the Ballantine State bank ... The complaint states that the two concerns were closed after examinations by L. Q. Skelton, state bank examiner, and asks that they be declared insolvent and put into receivership.
Source: newspapers

Newspaper Articles (1)

1. February 15, 1923 Hysham Echo Hysham, MT

Article from Hysham Echo, February 15, 1923

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Article Text

RECEIVERS ASK FOR HUNTLEY AND BALLANTINE STATE BANKS In district court of Yellowstone county, W. D. Rankin, attorney general, has started proceedings to have receivers appointed for the Ballantine State bank and the Huntley State bank, both of which recently failed. The complaint states that the two concerns were closed after examinations by L. Q. Skelton, state bank examiner, and asks that they be declared insolvent and put into receivership. According to the complaint the Huntley bank suspended business November 29 and the Ballantine bank closed December 2.

Episode Information

Metadata

Response Measures

Events (2)

Newspaper Articles (1)

Article Text

Bank runs are almost always and everywhere a deterioration of bank fundamentals.

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