9663. Peoples Bank (Calhoun City, MS)

Bank Information

Episode Type
Suspension → Reopening
Bank Type
state
Start Date
April 11, 1931
Location
Calhoun City, Mississippi (33.855, -89.311)

Metadata

Model
gpt-5-mini
Short Digest
fa067450fb37d297

Response Measures

None

Description

Articles report Peoples Bank of Calhoun City had closed several months ago during a wave of suspensions and reopened on April 11, 1931. No mention of a depositor run or specific bank-specific scandal; the closure appears part of the wider 1930–31 banking suspension wave (macro/systemic).

Events (2)
1. April 11, 1931 Reopening
Newspaper Excerpt
the Peoples bank of Calhoun City ... reopened today. With these resuming business, a total of 33 Mississippi banks have reopened since the wave of suspensions last year.
Source
newspapers
2. * Suspension
Cause
Macro News
Cause Details
Closed several months ago as part of the wave of suspensions the prior year (systemic banking distress)
Newspaper Excerpt
which closed several months ago
Source
newspapers

Newspaper Articles (2)
1. April 12, 1931 Abilene Daily Reporter Abilene, TX
Article from Abilene Daily Reporter, April 12, 1931

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Article Text

33 Mississippi Banks Reopened The Associated Press) JACKSON. Miss., April 11. -The Merchants and Farmers bank of Lexington, the Merchants and Farmers bank of Starkville and the Peoples bank of Calhoun City, large financial institutions which closed several months ago, reopened today. With these resuming business, a total of 33 Mississippi banks have reopened since the wave of suspensions last year WELL BLAS TSHAKES CITY OKLAHOMA CITY, April 11 The southeastern part of the city was shaken early today by an explosion when the Number Trumbley well on the T B. Slick estate blew off sand trap and went wild Workmen shut the well in. how. ever, before damage resulted.

2. April 12, 1931 Abilene Daily Reporter Abilene, TX
Article from Abilene Daily Reporter, April 12, 1931

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Article Text

33 Mississippi Banks Reopened (By The Associated Press) JACKSON. Miss., April The Merchants and Farmers bank of Lexington, the Merchants and Farmers bank of Starkville and the Peoples bank of Calhoun City, large financial which closed several months ago. reopened today. with these resuming business, a total of 33 Mississippi banks have reopened since the wave of suspensions last year.