- 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
|
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 |
|
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 |
|