Pleasant Hill Banking Company (Pleasant Hill, OH)

Episode Information

Episode UID
56110871501
Episode Type
Suspension โ†’ Reopening
Bank Type
state
Bank ID
5611087 routing
Routing Number
56-1108
Start Date
January 20, 1925
Location
Pleasant Hill, Ohio (40.053, -84.345)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
75db1f9b753707f1

Response Measures

None

Description

Closure followed the cashier's suicide and an identified shortage; reopened after state inspection and surety bond covered shortage.

Events (2)

1. January 20, 1925 Reopening
Newspaper Excerpt
the Pleasant Hill Banking company will open its doors for business Tuesday morning at o'clock.
Source
newspapers
2. * Suspension
Cause
Bank Specific Adverse Info
Cause Details
Closed following suicide of cashier Perkins and discovery of a $26,440.80 shortage; state inspection and remediation required.
Newspaper Excerpt
After being closed for period weeks following the suicide of Perkins, cashier.
Source
newspapers

Newspaper Articles (2)

Article from Troy Daily News, January 19, 1925

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Article Text

PLEASANT HILL TUESDAY Longanecker To Succeed kins Is Put After being closed for period weeks following the suicide of Perkins, cashier. the Pleasant Hill Banking company will open its doors for business Tuesday morning at o'clock. Longanecker, former assistant cashier, occupy the post left vacant by Mr. Perkins. According the report made pub. lic Saturday H. Scott, state perintendent of banks. the attributed to the dead cashier was $26,440.80. This amount has been taken care of by surety bond paid the American Surety company of York City on Mr. Perkins by the part of the short payment the surplus the bank. Scott states that the capital of the Pleasant Hill bank is in no way impaired and that the affairs of the institution are now in good shape. While the official report shows loss of only this does not represent the entire loss to the bank and board of directors. Loss occuring from bad loans and mortgages not included in the report of the state officials. Just what this amount is, has not been made known and probably never will be. The directors were forced to make each loan "good" before the state inspectore would consent to re-opening of the Pleasant Hill people are anticipat ing on the bank when Tuesday morning. This opens be due largely to the fact that the opening falls on the same day that final payment of taxes can be made. Many citizens the village and New ton township have not paid their sessments all money was tied up in the Pleasant Hill bank.


Article from Miami Union, January 20, 1925

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Article Text

PLEASANT HILL WILL BUSINESS ON TUESDAY To Succeed kins As Put At After being closed for period weeks following suicide Perkins, cashier the Pleasant Hill Banking company will open its doors business morning former assistant cashier. occupy the post vacant by Perkins According to the report made pub Saturday by Scott, state perintendent the shortage attributed This amount has been taken of surety bond paid by the American Surety company of New York City Mr by the payment of part of the short