First State Bank (Bowdle, SD)

Episode Information

Episode UID
78021171596
Episode Type
Suspension โ†’ Closure
Bank Type
state
Bank ID
7802117 routing
Routing Number
78-0211
Start Date
December 9, 1932
Location
Bowdle, South Dakota (45.453, -99.654)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
7a4cb93502f80250

Response Measures

None

Description

Article states the bank was announced closed by the state superintendent but gives no further detail on insolvency or runs.

Events (1)

1. December 9, 1932 Suspension
Cause
Government Action
Cause Details
Closure announced by E. A. Ruden, South Dakota Superintendent of Banks; bank reported closed.
Newspaper Excerpt
E. A. Ruden, Supt. of Banks, has announced: First State Bank, Bowdle, closed.
Source
newspapers

Newspaper Articles (2)

Article from The Producers News, December 9, 1932

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Article Text

New Bank Suspensions Nebraska: George W. Woods, Bank Commissioner, has announced: Bank of Raymond, Raymond, closed. South Dakota: E. A. Ruden, Supt. of Banks, has announced: First State Bank, Bowdle, closed. National banks suspending Nov. 18, as re- ported to the Comptroller of the Currency and made public Nov. 18, were: National banks suspending Nov .14, as reported to the Comptroller of the Currency and made public Nov. 14 were: Shawnee National Bank, Shawnee, Okla.; resources, $2,359,264; First National Bank of Allen, Okla., resources $119,771; First National Bank of McLoud, Okla.; resources, $130,272; Park National Bank of Sulphur, Okla.; resources, $213,651. Diamond National Bank of Pittsburgh, Pa.,; resources, $15,849,950. United States National Bank and Trust Co4 of Kenosha, Wis.; resources, $1,812,553. National banks suspending Nov. 21 and 22, as reported to the Comptroller of the Currency and made public Nov. 23, were: Nov. 21: Ayers National Bank, Jacksonville, 111., resources, $8,285,998. Nov. 22: First National Bank of Faulkton, S. Dak., resources $257,141.


Article Text

New Bank Suspensions Nebraska: George W. Woods, Bank Commissioner, has announced: Bank of Raymond, Raymond, closed. South Dakota: E. A. Ruden, Supt. of Banks, has announced: First State Bank, Bowdle, closed. National banks suspending Nov. 18, as reported to the Comptroller of the Currency and made public Nov. 18, were: National banks suspending Nov. 14, as reported to the Comptroller of the Currency and made public Nov. 14 were: Shawnee National Bank, Shawnee, Okla.; resources, $2,359,264; First National Bank of Allen, Okla., resources $119,771; First National Bank of McLoud, Okla.; resources, $130,272; Park National Bank of Sulphur, Okla.; resources, $213,651. Diamond National Bank of Pittsburgh, Pa.; resources, $15,849,950. United States National Bank and Trust Co. of Kenosha, Wis.; resources, $1,812,553. National banks suspending Nov. 21 and 22, as reported to the Comptroller of the Currency and made public Nov. 23, were: Nov. 21: Ayers National Bank, Jacksonville, Ill., resources, $8,285,998. Nov. 22: First National Bank of Faulkton, S. Dak., resources $257,141.