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Bank Info for NB Charter 10507 (1914 - 1930)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Lanesboro, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1914-1922 Henry Truman Aske John Trulson Ask
1922-1924 A. M. Hanson John Trulson Ask
1924-1926 O. T. Simonson John Trulson Ask
1926-1926 O. T. Simonson * none *
1927-1929 O. T. Simonson Henry Truman Aske
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 - 500
1902 Plain Back 4x5 1 - 5955
1902 Plain Back 3x10-20 501 - 4231
1929 Type 1 6x5 1 - 318
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Mar 30, 1914
  • Chartered Apr 9, 1914
  • Liquidated Feb 18, 1930
  • Absorbed by Scanlan-Habberstad Bank & Trust Co., Lanesboro
  • Notation on Organization Report:
  • Conversion of The State Bank of Lanesboro, Minnesota
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1914) $196,442
High Bal (1928) $686,366
Circulation Summary
Low Bal (1915) $10,000
High Bal (1922) $50,000
Total Out (1928) $50,000
# Large Notes 40,744
# Small Notes 1,908
# Total Notes 42,652
$ Large Size $330,650
$ Small Size $9,540
$ Total Issued $340,190
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-12-1914 $196,442.00 $0.00
Sep-02-1915 $245,044.00 $10,000.00
Sep-12-1916 $314,339.00 $24,500.00
Sep-11-1917 $343,838.00 $24,300.00
Aug-31-1918 $379,769.00 $24,700.00
Sep-12-1919 $450,714.00 $25,000.00
Sep-12-1920 $523,013.00 $48,700.00
Sep-06-1921 $477,602.00 $49,700.00
Sep-15-1922 $467,106.00 $50,000.00
Sep-14-1923 $497,249.00 $50,000.00
Oct-10-1924 $500,059.00 $50,000.00
Sep-28-1925 $552,189.00 $50,000.00
Dec-31-1926 $623,365.00 $50,000.00
Oct-10-1927 $611,381.00 $49,300.00
Dec-31-1928 $686,366.00 $50,000.00

 

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