Sioux Falls National Bank - Sioux Falls, SD

Episode Information

Episode UID: 282301163
Episode Type: Run Only
Bank Type: national
Bank ID: 28230 national
Charter Number: 2823
Start Date: November 1, 1896*
Location: Sioux Falls, South Dakota (43.550, -96.700)

Metadata

Model: gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest: 09d153003536aca9

Response Measures

No run

Receivership Details

Depositor recovery rate: 50.0%
Date receivership started: 1924-01-24
Date receivership terminated: 1934-08-10
OCC cause of failure: Run
Share of assets assessed as good: 59.2%
Share of assets assessed as doubtful: 25.3%
Share of assets assessed as worthless: 15.5%

Description

Article names a different Sioux Falls national bank closing and describes a city bank scare; applies to local banks including the named bank.

Events (3)

1. November 23, 1882 Chartered

Source: historical_nic

2. November 1, 1896* Run

Cause: Local Banks
Cause Details: Closure of the Sioux Falls Dakota National Bank triggered a local bank scare and near-run on other Sioux Falls banks.
Newspaper Excerpt: The Sioux Falls Dakota National bank closed Monday and a bad bank scare and averted run on the other banks was narrowly averted.
Source: newspapers

3. January 24, 1924 Receivership

Source: historical_nic

Newspaper Articles (1)

1. November 28, 1896 The Kimball Graphic Kimball, SD

Article from The Kimball Graphic, November 28, 1896

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Article Text

The Kimball Market. Wheat 50 @ 60 Dats 15 Corn 20 2 60 Hogs Butter 8 @ 12 17 Eggs If You See it in the Graphic Bet On It. Small Talk. anyway? How is it for a Thanksgiving storm, Kimball. William KcKee is attending school in Dr. F. II. King was up from Chamberlain Tues lay. Waterbury's. Fresh bulk oysters always on tap at W. W. Davis and Frank Stone are up from Pukwana. The A. 0. U. W. elect new officers Monday evening. Dec. 8. Dr. Drake can be found at his dental office in Kimball Dec. 10 to 17. The boys lost the sand pump in the artesian well, but fished it out Tuesday. Geo. Savage has been papering his ance. room and it adds greatly to its appearThere are the ups and downs of the downs. stock business. and this is one of the If anybody wants our share of the rest of asking. the winter, they can have it for the Coming out of Chamberlain Monday morning, the engine of the train killed a horse. Everybody in Kimball observed Thanksgiving indoors. in one way-they stayed The boys are talking up a series of building. club dances to be held in the Parker A fine full-blood Jersey heifer calf was added to the GRAPHIC'S live stock collection Saturday. Frank Toomey has the roomiest quarters in town. He is occupying the Dakopolis at present. About fifty people held a surprise on Rev. Mr. Brown at the residence of Dr. Willy Tuesday night. The lower branch of the Vermont legislature declined to pass thesenate woman suffrage bill by a vote of 135 to 80. The Sioux Falls Dakota National bank closed Monday and a bad bank scare and a everted. run on the other banks was narrowly Jas. Byrne had A lot of stock in the yards Thursday night ready for shipment and this morning found one gone to the inevitable. A Nebraska man let the other fellow kick him to pay an election bet. He got such a boost that he has been in bed ever since and may be a cripple for life J. B. Long, C. M. Lockwood, O.C. Stuart and G. R. Owen want a job in the land office, so rumor has it. Owen says he proposes to get something even if he gets it in the neck. The young people have organized another literary society. Joe Gray is president and Miss Pearl Ochsner secretary. A program has been prepared for next week Friday evening. Cornelius Miller completed Saturday a new barn for his tenant, Dr. Willy. Mr. Miller has a good residence property in Kimbali and is always ready to expend money in improving it. Maack, the tailor, is kept pretty busy these days. Mr. Maack is a fine workman and at home on all kinds of tailoring. He has turned out some very nice fitting suits this fall. One of the GRAPHIC'S Waterloo, Iowa, subscribers sends us posters advertising a Salt River celebration under the auspices of the Waterloo free silver club. Hon. Horace Boies chairman. Butte Mrs. Geo. Montana Bray expects to leave for