gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
0ee2050b260929fe
Response Measures
None
Other: Bank officials called for police protection to deter/handle the crowd of depositors.
Receivership Details
Depositor recovery rate
66.4%
Date receivership started
1931-10-16
Date receivership terminated
1939-10-31
OCC cause of failure
Economic conditions
Share of assets assessed as good
11.2%
Share of assets assessed as doubtful
67.5%
Share of assets assessed as worthless
21.3%
Events (3)
1.June 8, 1917Chartered
Source
historical_nic
2.April 11, 1923Run
Cause Details
Crowd of depositors gathered and threatened a run; no motive or specific trigger stated.
Measures
Called for police protection
Newspaper Excerpt
Officials of the West Side National Bank called for the police when a crowd of depositors threatened a run on the institution.
Source
newspapers
3.October 16, 1931Receivership
Source
historical_nic
Newspaper Articles (10)
1.April 11, 1923The Daily ProgressCharlottesville, VA
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Article Text
RUN ON BANK THREATENED
Chicago, April 11.—Officials of the West Side National Bank called for the police when a crowd of depositors threatened a run on the institution.
The institution has deposits of nearly two million dollars.
2.April 11, 1923Jackson Citizen PatriotJackson, MI
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Article Text
CALL POLICE WHEN BANK RUN THREATENS
Chicago, April 11.—Officials of the West Side National Bank today called for police protection when a crowd of depositors gathered and threatened a run on the bank, according to the police. The institution has deposits of nearly $2,000,000.
3.April 11, 1923Evening CapitalAnnapolis, MD
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Article Text
lice Prevent "Run" On Bank (By The Associated Press.) HICAGO, ILL., Apr. 11.-Officials the West Side National Bank tocalled for police protection when 20wd of depositors gathered and eatened a run on the bank.
Chicago Bank Calls Police to Protect It
[Associated Press]
Chicago, April 11.—Officials of the West Side National bank today called for police protection when a crowd of depositors gathered and threatened a run on the institution. It has deposits of nearly $2,000,000.
5.April 11, 1923The Selma Times-JournalSelma, AL
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Article Text
RUN ON CHICAGO BANK
CHICAGO, April 11.—Officials of the West Side National Bank today called for police protection when a crowd of depositors gathered and threatened a run on the institution, according to the police. The institution has deposits of nearly $2,000,000.
6.April 11, 1923The Daily AdvanceElizabeth City, NC
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Article Text
THREATEN RUN ON BIG CHICAGO BANK
Chicago, April 11.—Officials of the Westside National Bank today called for the police when a crowd of depositors threatened a run on the institution, which has deposits of nearly $2,000,000.
7.April 11, 1923New Britain HeraldNew Britain, CT
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Article Text
RUN ON CHICAGO BANK.
Chicago, April 11.—Officials of the West Side National bank today called for police protection when a crowd of depositors gathered. The bank has deposits of nearly $2,000,000.
8.April 12, 1923The Lewiston Daily SunLewiston, ME
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Article Text
POLICE CALLED WHEN RUN ON CHICAGO BANK STARTS
Chicago, Apr. 11.—Officials of the West Side National bank today called for police protection when a crowd of depositors gathered. The bank has deposits of nearly $2,000,000.
9.April 20, 1923The Dunsmuir NewsDunsmuir, CA
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Article Text
Run on Bank
Chicago.—Officials of the West Side National bank called for police protection when a crowd of depositors gathered and threatened a run on the institution. The institution has deposits of nearly $2,000,000.
10.April 21, 1923Mendocino Coast BeaconMendocino, CA
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Article Text
Run on Bank
Chicago.—Officials of the West Side National bank called for police protection when a crowd of depositors gathered and threatened a run on the institution. The institution has deposits of nearly $2,000,000.
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.