Table : TABLE 18-1 Number of Bank Failures: National Banking Era and Great Depression
| National Banking era (1863–1912) | 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 understates the scale of the 1907 crisis because it doesn’t take into account the role of trusts. |