gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
3d251b63dd47c656
Response Measures
None
Description
Articles say 'banks at Moss Point' were branches of Scranton State Bank but do not give the local bank's exact legal name.
Events (2)
1.August 10, 1906Receivership
Newspaper Excerpt
The Scranton State Bank closed its doors and was placed in the hands of a receiver. The ... brought down with it the banks at Moss Point ... which were branches of the Scranton institution.
Source
newspapers
2.August 10, 1906Suspension
Cause
Correspondent
Cause Details
Branches at Moss Point closed when parent Scranton State Bank failed and was placed in hands of a receiver.
Newspaper Excerpt
The Scranton bank, in its fall, also brought down with it the banks at Moss Point and Ocean Springs, which were branches of the Scranton institution.
Source
newspapers
Newspaper Articles (2)
1.August 10, 1906The CommonwealthGreenwood, MS
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Article Text
Three Banks Close. The Scranton State Bank closed its doors and was placed in the hands of a receiver. The Scranton bank, in its fall, also brought down with it the banks at Moss Point and Ocean Springs, which were branches of the Scranton institution.
2.August 10, 1906The Tupelo JournalTupelo, MS
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Article Text
Three Banks Close. The Scranton State Bank closed its doors and was placed in the hands of a receiver. The Scranton bank, in its fall, also brought down with it the banks at Moss Point and Ocean Springs, which were branches of the Scranton institution.
Bank runs are almost always and everywhere a deterioration of bank fundamentals.
But not for you.
You are the measure-zero exception: great fundamentals, solid bank, and yet the Diamond Dybvig fairy spread its rumor. Depositors woke up. Your collateral was not prepositioned. The Clearinghouse had it for you.
Do not pass Go. Do not collect $200. Go directly to jail… or worse.