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Bank Info for NB Charter 10603 (1914 - open)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Kiester, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1914-1914 L. H. Haeger Ralph Oliver Olson, (Sr.)
1915-1922 G. M. Obermeyer Ralph Oliver Olson, (Sr.)
1922-1935 Bennett Alexander Talle Andrew Martin Elvebak
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 - 600
1902 Plain Back 4x5 1 - 2460
1902 Plain Back 3x10-20 601 - 2288
1929 Type 1 6x5 1 - 994
1929 Type 1 6x10 1 - 484
1929 Type 1 6x20 1 - 160 146 Not issued
1929 Type 2 5 1 - 1274
1929 Type 2 10 1 - 680
1929 Type 2 20 1 - 189
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Aug 6, 1914
  • Chartered Aug 25, 1914
  • Bank was Open past 1935
  • For Bank History after 1935 see:
  • FDIC Bank History website
  • Changed name to First State Bank of Kiester Jun 28, 2004
  • Changed name to Global Innovations Bank Sep 21, 2020
  • Still in business as Global Innovations Bank (July 2024)
  • Notation on Organization Report:
  • Conversion of The State Bank of Kiester, Minnesota
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1914) $121,538
High Bal (1935) $657,936
Circulation Summary
Low Bal (1917) $7,200
High Bal (1924) $35,000
Total Out (1934) $35,000
# Large Notes 18,992
# Small Notes 11,965
# Total Notes 30,957
$ Large Size $163,600
$ Small Size $94,890
$ Total Issued $258,490
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-12-1914 $121,538.00 $0.00
Sep-02-1915 $130,864.00 $7,500.00
Sep-12-1916 $168,761.00 $7,500.00
Sep-11-1917 $210,244.00 $7,200.00
Aug-31-1918 $275,149.00 $7,200.00
Sep-12-1919 $327,866.00 $7,500.00
Sep-12-1920 $357,879.00 $7,500.00
Sep-06-1921 $296,532.00 $7,500.00
Sep-15-1922 $321,542.00 $7,500.00
Sep-14-1923 $383,571.00 $24,700.00
Oct-10-1924 $400,379.00 $35,000.00
Sep-28-1925 $425,511.00 $34,600.00
Dec-31-1926 $445,546.00 $35,000.00
Oct-10-1927 $423,791.00 $34,600.00
Dec-31-1928 $469,719.00 $35,000.00
Dec-31-1929 $508,432.00 $35,000.00
Dec-31-1930 $494,925.00 $35,000.00
Dec-31-1931 $462,514.00 $35,000.00
Dec-31-1932 $461,544.00 $35,000.00
Dec-30-1933 $485,985.00 $35,000.00
Dec-31-1934 $582,243.00 $35,000.00
Dec-31-1935 $657,936.00 $0.00

 

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