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Bank Info for NB Charter 10243 (1912 - 1932)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The National Bank of
Milton, IA
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1912-1929 Ulysses Grant Rice Henry Clay Taylor
1930-1931 Ulysses Grant Rice Samuel Fernando McConnell
Other Known Bank Note Signers
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Date Back 3x10-20 1 - 510
1902 Plain Back 3x10-20 511 - 1115
1929 Type 1 6x10 1 - 120
1929 Type 1 6x20 1 - 15
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Aug 9, 1912
  • Chartered Aug 13, 1912
  • Receivership Jun 25, 1932
  • Notation on Organization Report:
  • Succeeds The Farmers and Merchants Bank of Milton
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1914) $118,183
High Bal (1919) $323,649
Circulation Summary
Low Bal (1921) $6,600
High Bal (1913) $7,000
Total Out (1931) $7,000
# Large Notes 4,460
# Small Notes 810
# Total Notes 5,270
$ Large Size $55,750
$ Small Size $9,000
$ Total Issued $64,750
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-04-1912 $125,740.00 $0.00
Aug-09-1913 $140,486.00 $7,000.00
Sep-12-1914 $118,183.00 $7,000.00
Sep-02-1915 $130,094.00 $7,000.00
Sep-12-1916 $147,023.00 $6,700.00
Sep-11-1917 $210,071.00 $7,000.00
Aug-31-1918 $248,763.00 $7,000.00
Sep-12-1919 $323,649.00 $7,000.00
Sep-12-1920 $279,588.00 $7,000.00
Sep-06-1921 $190,828.00 $6,600.00
Sep-15-1922 $213,762.00 $7,000.00
Sep-14-1923 $225,377.00 $7,000.00
Oct-10-1924 $234,576.00 $7,000.00
Sep-28-1925 $252,632.00 $7,000.00
Dec-31-1926 $251,147.00 $7,000.00
Oct-10-1927 $256,481.00 $7,000.00
Dec-31-1928 $232,950.00 $7,000.00
Dec-31-1929 $194,402.00 $7,000.00
Dec-31-1930 $174,382.00 $7,000.00
Dec-31-1931 $146,015.00 $7,000.00

 

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