Hibernia Commercial & Savings Bank

Episode Information

Episode UID: 24001771584
Episode Type: Suspension → Closure
Bank Type: state
Bank ID: 2400177 routing
Routing Number: 24-0017
Start Date: December 19, 1931
Location: Portland, Oregon (45.523, -122.676)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 4a4a5f01f36c454c

Response Measures

None

Description

Directors turned affairs over to the State Superintendent of Banks; no reopening mentioned.

Events (1)

1. December 19, 1931 Suspension

Cause: Government Action
Cause Details: Directors turned affairs over to the State Superintendent of Banks; state takeover/supervision leading to failure to open.
Newspaper Excerpt: The Hibernia Commercial & Savings Bank of Portland failed to open its doors for business today. The directors turned affairs of the institution over to the State Superintendent of Banks, after a long meeting.
Source: newspapers

Newspaper Articles (1)

1. December 20, 1931 The San Francisco Examiner San Francisco, CA

Article Text

Portland Savings Bank Fails to Open PORTLAND (Ore.), Dec. 19.The Hibernia Commercial & Savings Bank of Portland failed to open its doors for business today. The directors turned affairs of the institution over to the State Superintendent of Banks, after a long meeting. The last bank call on September 29, showed the bank had $6,529,896 in deposits; $3,095,557 in loans and discounts. capital of $500,000 and surplus of $100,000.