State Bank - Baltimore, MD

Bank Information

Episode Type: Suspension → Closure
Bank Type: state
Start Date: December 15, 1930
Location: Baltimore, Maryland (39.290, -76.612)

Metadata

Model: gpt-5-mini
Short Digest: 534e562e

Response Measures

None

Description

Article (Dec 16, 1930) reports the bank's doors closed 'yesterday' and investigators probing a shortage involving the president Andrew Horvatt. No run is mentioned; closure appears linked to bank-specific malfeasance/shortage. OCR errors in the snippet were corrected for readability.

Events (2)

1. December 15, 1930 Suspension

Cause: Bank Specific Adverse Info
Cause Details: Investigations into a reported shortage involving the bank's president Andrew Horvatt; bank closed its doors the day before article date (Dec 16, 1930).
Newspaper Excerpt: president of the State Bank since the doors of institution closed yesterday ... searching out the amount of shortage unofficially reported
Source: newspapers

2. December 16, 1930 Other

Newspaper Excerpt: Affairs Of Missing Banker Investigated ... The State Banking Department ... Federal officers had become interested upon learning that Horvatt ... check their which in the keeping of the ... (investigation of missing banker/shortage).
Source: newspapers

Newspaper Articles (1)

1. December 16, 1930 The Evening Sun Baltimore, MD

Article from The Evening Sun, December 16, 1930

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Article Text

Affairs Of Missing Banker Investigated Dec. 16 The affairs Andrew Horvatt, president of the State Bank since the doors of institution closed yesterday. the object inquiry today from three The State Banking Department, searching out the amount of shortage unofficially reported about was one of the investigators. Federal officers had become interested upon learning that Horvatt supreme treasurer of fraternal organization the officers that the Greek Cathoarrived in this city today check their which in the keeping of the