Citizens State Bank (Napoleon, OH)

Episode Information

Episode UID
9301973191308
Episode Type
Suspension → Closure
Bank Type
state
Bank ID
930197319 hash
Start Date
December 16, 1908
Location
Napoleon, Ohio (41.392, -84.125)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
2412ff047e930b10

Response Measures

None

Description

Assignment to D. D. Donovan indicates a failure/receiver rather than a prior depositor run.

Events (2)
1. December 16, 1908 Receivership
Newspaper Excerpt
The Citizens' State bank assigned to D. D. Donovan last night.
Source
newspapers
2. December 16, 1908 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Overloans/poor loans and effects from the failure of the Ohio German Insurance Company.
Newspaper Excerpt
The Citizens' State bank assigned last night.
Source
newspapers

Newspaper Articles (11)
1. December 16, 1908 Rock Island Argus Rock Island, IL
Article from Rock Island Argus, December 16, 1908

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Article Text

Ohio Bank Assigns. Napoleon, Ohio, Dec. 16.-The Citizens' State bank assigned last night. The failure is said to be caused by over loans. The bank is capitalized at $71,000, has an undivided surplus of $21,000 and the deposits amount to $83,000.

2. December 16, 1908 Deseret Evening News Salt Lake City, UT
Article from Deseret Evening News, December 16, 1908

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Article Text

OHIO BANK FAILS. Napoleon, Ohio, Dec. 16.-The Citizens state bank assigned to D. D. Donovan last night. The failure is said to have been caused by poor loans and it is also stated that it was brought back by the Ohio German insurance companies failure.

3. December 17, 1908 The Montgomery Advertiser Montgomery, AL
Article from The Montgomery Advertiser, December 17, 1908

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Article Text

Ohio Bank Closes. Napoleon, O., Dec. 16.-The Citizens' State Bank assigned to D. D. Donovan last night. The failure is said to have been caused by over loans and by the failure of the Ohio German Insurance Company.

4. December 17, 1908 Ottumwa Tri-Weekly Courier Ottumwa, IA
Article from Ottumwa Tri-Weekly Courier, December 17, 1908

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Article Text

Ohio Bank Assigns. Napoleon. Ohio, Dec. 16.-The Citipens State bank assigned last night. The failure is said to have been causd by overloans. The bank was capitalized at $71,100 and has an undivided surplus of $21,000. The deposits amounted to ;83A000.

5. December 17, 1908 Bryan Morning Eagle Bryan, TX
Article from Bryan Morning Eagle, December 17, 1908

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Article Text

Partly Due to Overloans. Napoleon, O., Dec. 16.-The Citizens' State bank assigned to D. D. Donovan. The failure is said to have been caused by overloans, and it is further claimed it was brought about by the Ohio German Insurance company's failure.

6. December 17, 1908 The Advocate Charleston, WV
Article from The Advocate, December 17, 1908

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Article Text

Ohio Bank Assigns I Napoleon, Ohio, Dec. 16.-The Citizens State Bank assigned last night. The failure is said to have been brought about by the Ohio German Insurance Company's failure.

7. December 18, 1908 The Norfolk Weekly News-Journal Norfolk, NE
Article from The Norfolk Weekly News-Journal, December 18, 1908

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Article Text

Bank of Napoleon Fails. Napoleon, O., Dec. 17.-The Citizens' State bank assigned to D. D. Donovan. The failure is said to have been caused by poor loans and it is also stated that it was brought about by the Ohio German Insurance company's failure.

8. December 18, 1908 The Winchester News Winchester, KY
Article from The Winchester News, December 18, 1908

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Article Text

Napoleon Bank Assigns. Napoleon, O., Dec. 17.-Men cried and women fainted in the streets of Napoleon when they found a notice of assignment posted on the doors of the Citizens' State bank. Dramatic scenes were enacted as the streets rapidly filled with residents of the town and farmers drove in to draw money with which to pay their taxes. D. D. Donovan was named assignee. President Miller of the bank is now confined in a hospital in a Minnesota town. Excessive loans to the Ohio German Fire Insurance company is assigned as the cause of the bank's failure.

9. December 24, 1908 Missouri Valley Times Missouri Valley, IA
Article from Missouri Valley Times, December 24, 1908

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Article Text

OHIO BANK ASSIGNS. Napoleon, Ohio, Dec. 18.-The Citi zens State bank assigned last night The failure is said to be caused by over-loans.

10. December 25, 1908 The Chanute Times Chanute, KS
Article from The Chanute Times, December 25, 1908

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Article Text

Failure of an Ohio Bank. Napoleon, Ohio.-The Citizens' State bank assigned to D. D. Donovan Tuesday night. The failure is said to have been caused by poor loans and it is also said that it was brought about by the Ohio German Insurance company's failure.

11. December 29, 1908 Bryan Morning Eagle Bryan, TX
Article from Bryan Morning Eagle, December 29, 1908

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Article Text

Partly Due to Overloans. Napoleon, O., Dec. 16.-The Citizens' State bank assigned to D. D. Donovan. The failure is said to have been caused by overloans, and it is further claimed It was brought about by the Ohio German Insurance company's failure.