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Bank Info for NB Charter 10529 (1914 - 1934)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Farmers and Merchants National Bank of
Benton Harbor, MI
2 Farmers and Merchants National Bank & Trust Company of (5/22/1926)
Benton Harbor, MI
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1914-1915 Wm. E. Marsh O. B. Hipp
1916-1923 C. M. Niles O. B. Hipp
1924-1929 V. Beckwith C. M. Niles
1930-1932 V. Beckwith M. Hinkley
Other Known Bank Note Signers
  • No other known bank note signers for this bank
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
1: 1902 Date Back 4x5 1 - 2750
1: 1902 Date Back 3x10-20 1 - 2300
1: 1902 Plain Back 4x5 2751 - 13630
1: 1902 Plain Back 3x10-20 2301 - 9346
2: 1902 Plain Back 4x5 1 - 7322
2: 1902 Plain Back 3x10-20 1 - 4730
2: 1929 Type 1 6x5 1 - 4700
2: 1929 Type 1 6x10 1 - 2756
2: 1929 Type 1 6x20 1 - 780
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Apr 22, 1914
  • Chartered May 1, 1914
  • 2: Assumed Merchants and Union Trust Company of Jun 6, 1931
  • 2: Conservatorship Mar 22, 1933
  • 2: Liquidated Jan 9, 1934
  • 2: Succeeded by 13833 (Farmers and Merchants NB (No Issue), Benton Harbor, MI)
  • Notation on Organization Report:
  • Conversion of The Farmers and Merchants Bank of Benton Harbor, Michigan
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1915) $1,057,948
High Bal (1929) $4,397,566
Circulation Summary
Low Bal (1916) $48,300
High Bal (1930) $150,000
Total Out (1932) $150,000
# Large Notes 140,112
# Small Notes 49,416
# Total Notes 189,528
$ Large Size $1,122,840
$ Small Size $399,960
$ Total Issued $1,522,800
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-12-1914 $1,353,664.00 $0.00
Sep-02-1915 $1,057,948.00 $50,000.00
Sep-12-1916 $1,196,950.00 $48,300.00
Sep-11-1917 $1,466,960.00 $50,000.00
Aug-31-1918 $1,627,855.00 $100,000.00
Sep-12-1919 $2,419,770.00 $100,000.00
Sep-12-1920 $2,908,499.00 $99,200.00
Sep-06-1921 $2,488,541.00 $98,300.00
Sep-15-1922 $2,994,742.00 $100,000.00
Sep-14-1923 $2,933,430.00 $100,000.00
Oct-10-1924 $3,164,785.00 $98,400.00
Sep-28-1925 $3,409,509.00 $98,000.00
Dec-31-1926 $4,026,289.00 $100,000.00
Oct-10-1927 $4,122,481.00 $146,800.00
Dec-31-1928 $4,146,556.00 $145,350.00
Dec-31-1929 $4,397,566.00 $144,240.00
Dec-31-1930 $3,566,613.00 $150,000.00
Dec-31-1931 $2,951,090.00 $150,000.00
Dec-31-1932 $2,868,072.00 $150,000.00

 

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