Table A.1 Bank Failures during the National Banking Era and the Great Depression

National Banking era (1883–1912)		Great Depression (1929–1941)
Panic dates	Number of failures	Panic dates	Number of failures
September 1873	101	November–December 1930	806
May 1884	42	April–August 1931	573
November 1890	18	September–October 1931	827
May–August 1893	503	June–July 1932	283
October–December 1907	73*	February–March 1933	Bank Holiday
*This underestimates the scale of the 1907 crisis because it doesn’t take into account the role of trusts.