Overland State Bank - Overland, MO

Bank Information

Episode Type: Run → Suspension → Unsure
Bank Type: state
Start Date: January 12, 1933
Location: Overland, Missouri (38.701, -90.362)

Metadata

Model: gpt-5-mini
Short Digest: 48ecad96

Response Measures

Full suspension, Books examined

Other: OCR text is garbled; multiple St. Louis County banks were closed by state examiners; Overland State Bank appears among them.

Description

Article (St. Louis Post-Dispatch, 1933-01-12) describes heavy withdrawals and that Overland State Bank was closed along with several outlying banks. It implies a run leading to suspension during the January 1933 wave of bank closings; no clear information about a reopening or receivership in the excerpt, so outcome is uncertain.

Events (2)

1. January 12, 1933 Run

Cause: Macro News
Cause Details: Part of a wave of contemporaneous bank closings and heavy withdrawals in the St. Louis area in January 1933; heavy withdrawals precipitated the action
Measures: Bank shut its doors to stop withdrawals (temporary closing to protect assets)
Newspaper Excerpt: closing of several caused heavy withdraw- ... Overland State ... was closed
Source: newspapers

2. January 12, 1933 Suspension

Cause: Macro News
Cause Details: Temporary closing of bank amid heavy withdrawals and broader regional bank failures/closures; placed in hands of examiners/state finance officials (implied by surrounding text).
Newspaper Excerpt: Overland State ... was closed
Source: newspapers

Newspaper Articles (1)

1. January 12, 1933 St. Louis Post-Dispatch St. Louis, MO

Article from St. Louis Post-Dispatch, January 12, 1933

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Article Text

TRUST BANKS LOUIS COUNTY DOORS at 4915 Del6633 Delmar Blvd., Clayton Road 6386 and Hands of State in Examiners. ALL LOANS HAD Total Trust Directors Savings Run Forced SuspenSay Effort to Reorbut Will Be Made. ganize Trust 4915 Delshut its doors afternoon to stop by depositors. followed closely upon University City Co., 6633 Delmar the Park Savings 6386 Clayton road, in Heights. directors of the Savings which John Dowlissued this stateof directors has advisable to temporarily of the Savings order to protect its on the bank, closing of several caused heavy withdrawfor reorganization are consideration, and at this of the bank in affairs State Finance Deputy Roy D. Miller." officers the bank be tomorrow, and open future would depend on of the efforts at and the University City Heights banks today by their directors, withdrawals. Notices heavy their doors stated that the hands of the State Commissioner. All three of the Federal members do not belong to the Clearing House. City bank opened time. but closed shortly and notice of closing was Park Savings Trust announced last eveState Finance DepartSt. Louis Clearing these three, six of the banks in the St. Louis closed within eight days. Bank, Bartmer failed to open last ThursState Bank, 5852 boulevard, was closed the Overland State Woodson road, was Hamilton and were affiliated Federal Reserve the House Association From R. C. banks borthe which had total of the case of the Park Co., the the greater part listed in of Dec. 10. Bank, $162,213.26 bills $153,213.26 from the Bank, which Overland $51,314.42 bills payaPark Sav$158,316.51 bills which $53,082.22 University $120,184.19 bills Savings Trust payable, which the examiners, Roy Hummell and charge of five Miller being the of Finance Harrison. president the City Bank, and signed its members of Reis, Fisher, Zollmann precipitated of other outlying heavy withdraw- Column