Hannibal Trust Company (Hannibal, MO)

Episode Information

Episode UID
80005071571
Episode Type
Run → Suspension → Closure
Bank Type
trust
Bank ID
8000507 routing
Routing Number
80-0050
Start Date
November 20, 1930
Location
Hannibal, Missouri (39.708, -91.358)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
c4c6a3345a0a1a2d

Response Measures

None

Events (2)
1. November 20, 1930 Run
Cause
Local Banks
Cause Details
Heavy withdrawals by depositors triggered by recent bank failures in Quincy, Illinois, across the river.
Newspaper Excerpt
Heavy withdrawals as a result of the recent bank closings in Quincy, Ill., across the Mississippi River from Hannibal, was given as the cause.
Source
newspapers
2. November 20, 1930 Suspension
Cause
Local Banks
Cause Details
Board closed the bank and placed affairs in charge of state finance department after heavy withdrawals.
Newspaper Excerpt
The Hannibal Trust company of Hannibal ... was closed today by its board of directors, the state finance department announced.
Source
newspapers

Newspaper Articles (13)
1. November 20, 1930 Hattiesburg American Hattiesburg, MS
Article from Hattiesburg American, November 20, 1930

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Article Text

ASHEVILLE Other Banks in North Carolina and In Central Bank and Trust company, largest financial institution in this immediate section, failed to open for business today and by noon five other western North Carolina banks had closed their doors. Capitalized at the CenBank and Trust company September the date of the last bank call, had deposits of approximately $18,000,000. Its resources given that time as 000. Other banks closing were the Bank here, includits branch at the Oteen veterhospital; the First Bank and Trust company, the National Bank, Hendersonand the Bank of Lowell, LowN. John Mitchell, state bank examiner, notified Central Bank and failure open and was expected send here immediately to charge of statement given out by the board directors said bank closed in anticipation of heavy action," the statement said, taken solely conserve the interests the depositors and only after it became apparent that such step During the past few days bank has been forced withstand heavy withdrawals funds." HANNIBAL BANK CLOSED JEFFERSON CITY, Nov. Hannibal Trust company of Hanniwith total resources closed today by its board directors, the state finance department announced, Heavy withdrawals result of the recent bank closings in Quincy, across Mississippi river from Hanniwas given as the

2. November 20, 1930 The Courier News Blytheville, AR
Article from The Courier News, November 20, 1930

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Article Text

Carolina, Missouri Kentucky Suspend Business. Nov. 20. (UP) Central Bank and Trust Asheville, the largest company banking house In western North Carolina, and the Biltmore Osteen bank. Institution, failed to open for business today. They state banks and are partially owned by the same InterMeanwhile the American Nationbank, controlled by the Central heavy run, dent Jenkins announced he expected to remain open. Notices posted on the doors the two banks that closed today stated the directors had decided close their doors for the purpose Invidation and to conserve for the benefit of depositors. Hannibal Bank Closes CITY, Mo., Nov. Hannibal Trust comone the largest banking institutions of northeast Missouri closed Its doors today after meetthe board of directors. The bank had resources of more than Louisville Banks Close Nov. 20. (UP) Bankers Trust at closed its doors today after the Union Central bank Louisville Bank of Canesville suspended bustThe Bankers Trust brought to the number of banks which. have suspended Kentucky since las' Monday. Six of them are in Louisville.

3. November 20, 1930 St. Louis Post-Dispatch St. Louis, MO
Article from St. Louis Post-Dispatch, November 20, 1930

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Article Text

BANK AT HANNIBAL WITH $1,000,000 DEPOSITS CLOSES Expected Meet Suspension Due to Withdrawals Following Quincy Failures. first bank closing in Hannibal more came today the suspension the Hannibal Trust than failures the closing largest in the last two result of these failures caused the board of directors to decide suspend the positors Officers that action this time would ble the payment depositors full The one the three largest in the city. organized about Frazer The statement was issued by Frazer "The continued of deposits occasioned mea sure the of banks Missouri and Illinois has caused depletion of our cash and board of has thought best the funds trust company by placing them in hands of the Commissioner Finance. There is every reason to believe that the positors and classes of savings accounts will be paid in full." As of Aug. deposits were listas with total de. mand deposits and time deposits including large Christmas savings $462, Capital stock was surplus and undivided profits There are five other banks in Hannibal

4. November 20, 1930 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, November 20, 1930

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Article Text

MORE BANKS IN CENTRAL AREA CLOSE DOORS LOUISVILLE, Ky., Nov. 20. (U.P.) The Bankers' Trust company, capitalized at $500,000. closed its doors today shortly after the Union Central bank of Louisville and the Bank of Caneyville suspended business. The Bankers' Trust brought to 13 the number of banks which have suspended in Kentucky since last Monday. Six of them are in Louisville. JEFFERSON CITY, Mo., Nov. 20. (U.P.)-The Hannibal Trust company. one of the largest banking institutions of northeast Missouri, closed its doors today after a meeting of the board of directors. The bank had resources of more than $1,500,000. The state finance department here was advised of the failure, and sent Bank Examiner W. A. Chapman to Hannibal to take over affairs of the bank. Steady withdrawals of deposits were thought to be the cause of the closing. ASHEVILLE, N. C., Nov. 20. (U.P.) The Central Bank and Trust company of Asheville, the largest banking house in Western North Carolina. and the Biltmore-Oteen bank. a suburban institution. failed to open for business today. They are state banks and controlled by the same interests.

5. November 20, 1930 Fitchburg Sentinel Fitchburg, MA
Article from Fitchburg Sentinel, November 20, 1930

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More Carolina Banks Closed RALEIGH N C. Nov 20 or Four banks in western North Carolura, including the Central Bank & Trust Co. at Asheville, with deposits of $18,000,000, closed today, John Mitchell. state bank examiner announced here. Mitchell said his office had been advised that the Central Bank & Trust Co of Asheville closed this morning and the bank, the Firht Bank & Trust Co of Hendersonville, and the American Bank & Trust Co of Hendersonville had also closed JEFFERSON CITY. Mo Nov 20 (AP) The Hannibal Trust Co. of Hannial. with total of closed today by its board of directors, the state finance department announced

6. November 20, 1930 The Durham Sun Durham, NC
Article from The Durham Sun, November 20, 1930

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BOWLES JAILED IN WIFE'S DEATH Retired Capitalist of Portland, Oregon, Arrested With Former Secretary capitalIrma 25 former arrested charged the murder Leone Bowles, November Paris apartment knife breast. and Bowles police apartment the time but Mrs. Bowles had stabbed her- Paris and were orders of District Attorney Stanley Myers. admission by Dr Myers Cooper who was called Mrs that he highly material matter in his the minating charges against Paris and Bowles. alleged false statement the Mrs was not asserted last Cooper admitted Mrs. night had when the ambulance utes was private mortuary Something should be said in favor the son of the former prince Germany who is this looking for might come here lecture Charlotte from already charge Missouri Bank Closes Mo. 20. Hannibal Trust company Hannibal with total resources closed today by its board of department Heavy drawals result the recent the was given the

7. November 20, 1930 The Bismarck Tribune Bismarck, ND
Article from The Bismarck Tribune, November 20, 1930

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Article Text

Run on Missouri Bank Forces Close Jefferson City, Mo., Nov. 20.—(AP)—The Hannibal Trust company of Hannibal, Mo., with total resources of $1,523,720, was closed today by its board of directors, the state finance department announced. Heavy withdrawals as a result of the recent bank closing in Quincy, Ill., just across the river from Hannibal, was given as the cause.

8. November 20, 1930 The Daily World Helena, AR
Article from The Daily World, November 20, 1930

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Article Text

MISSOURI BANK CLOSES Jefferson City, Mo., Nov. 20. (AP)-The Hannibal Trust Company of Hannibal, with total resources of $1,523, was closed today by its board of directors, the state finance department announced, Heavy withdrawals as a result of the recent bank closings in Quincy, III., across the Mississippi River from Hannibal, , was given as the cause.

9. November 20, 1930 The Taylorville Daily Breeze Courier Taylorville, IL
Article from The Taylorville Daily Breeze Courier, November 20, 1930

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MISSOURI BANK CLOSED TODAY Jefferson City, Mo., Nov. 20. (A. Hannibal Trust Company of Hannibal, with total resources of $1,523,720, was closed today by its board of directors, the state finance department announced. Heavy withdrawals as a result of the recent bank closings in Quiney, III., across the river from Hannibal was given as the cause. This was the first Hannibal bank failure in more than a third of a century. The board there issued the following statement: "The continued withdrawal of deposits occasioned in a large measure by the recent failure of banks in northeast Missouri and Illinois, has caused a depletion of our eash reserve, and the board of directors has thought it best to conserve the funds of the Trust Company, by placing them in the hands of the Commissioner of Finance. There is every reason to believe that the depositors and all classes of savings accounts will be paid in full. Other Hannibal banks opened as usual, and there was no unusual excitement. P. T. A. OF MEADER SCHOOL TO MEET The Parent Teachers Association of the Meader school will meet Friday night. The principal speaker will Attorney Harold Williams of this city.

10. November 20, 1930 Rockford Register Star Rockford, IL
Article from Rockford Register Star, November 20, 1930

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6th Bank Is 12th For Banker Hangs After Institution Shuts Doors Union Central bank making the ville bank close this week twelfth Kentucky The Bank of Caneyville spondent bank the also failed to day. George R. Ewald Union Central said temporary and the bank solvent Heavy past few days forced him the bank depositors, said William president bank of Care which closed hanged himself Relatives he because Shortly after the Union Central Brown. Louisville newspaper had the the tucky. Charles vice dent. resigned. Brown pres. succeeded by Henry and Robert appointed to succeed Jones, HANNIBAL BANK CLOSES City Nov Trust company with resources was closed today board of the finance drawals result the the river from Hannibal, was given as the CAROLINA BANKS HIT Four banks in the Trust deposits of closed today John state bank examiner here Mitchell his office had that the Bank Trust of closed this morning and the Oteen bank. the First Bank Trust and the Trust company closed their doors.

11. November 21, 1930 The Oregonian Portland, OR
Article from The Oregonian, November 21, 1930

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SIX MORE BANKS CLOSE FIVE NORTH CAROLINA INSTITUTIONS FAIL. Several Suspend Because of Runs; Hannibal, Mo., House Also in Hands of State Officials. ASHEVILLE N. C., Nov. 20.-(AP) -The Central Bank and Trust company, Asheville's largest financial institution, failed to open for business today. A notice posted on the door advised the public that the bank was closed on order of the board of directors for the of assets The bank's last statement of condition showed more than $18,000,000 on as deposit. The Biltmore-Oteen bank also closed. The Central bank was capitalized at $1,000,000 and its last statement of condition issued September 24, gave its surplus as $1,000,000. HENDERSONVILLE. N. C., Nov. 20.-(AP)-Three Hendersonville banks closed their doors today, leaving this city without banking facilities. The First Bank and Trust company failed to open at the regular hour It had notice on the door which said the institution had been placed in the hands of the state banking department for liquidation. Runs developed on the American Bank and Trust company and the Citizens National and they soon closed. JEFFERSON CITY, Mo., Nov. 20.Hannibal Trust company, Hannibal Mo. with total resources of $1,523,720. was closed today by its board of directors, the state finance department announced. Heavy withdrawals as result of the recent bank closings in Quincy, III., across the river from Hannibal, was given the cause. The bank according to the last statement filed here, had deposits of $1,124,814 loans of $1,002,537 and capital stock of $200,000

12. November 21, 1930 St. Louis Post-Dispatch St. Louis, MO
Article from St. Louis Post-Dispatch, November 21, 1930

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FOUR MISSOURI BANKS CLOSE Examiners in Charge nibal, Oakwood, Doniphan and Edina Depositories. JEFFERSON CITY Closing of the Bank Knox and County Bank of Doniphan, County, reported the Finance Department ing total of nine closed in Missouri this ing of seven of them to the recent closing of in The Bank of Edina of $312,900. loans of total resources of ing to its last report ment. The capital and the surplus had outstanding loans Directors of the Bank which was organized notified Finance E. French the bank opened today, as tecting depositors of heavy last loans resources of payable capital of and undivided profits Dr. A. Proctor dent and E. K. Ponder The Ripley County Bank $25,127 in public funds State deposits Edina Bank showed lic funds At the finance ment, said the Edina Bank to the situation Quincy Two banks in Marion were closed yesterday nibal Trust Co. of Hannibal the first close of and partment said to heavy unsettled conditions cent failures in Quincy ond bank to ers' Bank of wood. near posits of

13. November 21, 1930 Chattanooga Daily Times Chattanooga, TN
Article from Chattanooga Daily Times, November 21, 1930

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MISSOURI BANK CLOSES AFTER QUINCY FAILURES JEFFERSON CITY, Mo., Nov. Hannibal Trust company, Hannibal, with total resources of 523,720. was closed today by its board of the depart. ment announced. Heavy withdrawals result of the recent bank closings Quincy, the Mississippi river cause. from Hannibal, was given