State National Bank - Minneapolis, MN

Episode Information

Episode UID: 162300885
Episode Type: Run Only
Bank Type: national
Bank ID: 16230 national
Charter Number: 1623
Start Date: September 30, 1873
Location: Minneapolis, Minnesota (44.980, -93.264)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 90c84dcaa8290329

Response Measures

None

Events (3)

1. December 15, 1865 Chartered

Source: historical_nic

2. September 30, 1873 Run

Cause: Local Banks
Cause Details: Run triggered by suspension/distress of Mendenhall's Bank and wider panic among local banks.
Measures: Run was checked (no detailed measures described)
Newspaper Excerpt: A run was commenced on the State National, but was soon checked.
Source: newspapers

3. December 31, 1877 Voluntary Liquidation

Source: historical_nic

Newspaper Articles (1)

1. October 1, 1873 The Bismarck Tribune Bismarck, ND

Article from The Bismarck Tribune, October 1, 1873

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Article Text

MINNEAPOLIS. The Panic Among the Banks There. Mendenhall Goes Down—Others All Right. MINNEAPOLIS, Sept. 30.—Mendenhall's Bank suspended yesterday. A fearful run was made on the First National, but it is coming through all right. A run was commenced on the State National, but was soon checked. Other banks all right. C. A. L.

Episode Information

Metadata

Response Measures

Events (3)

Newspaper Articles (1)

Article Text

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

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