- Organized Apr 21, 1915
 
                    - Chartered May 4, 1915
 
                    - Succeeded 9571 (Peoples National Bank, Hendersonville, NC)
 
                    - Receivership Nov 28, 1930
 
                    
                    - Notation on Organization Report:
 
                    - Succeeds The Peoples national Bank of Hendersonville, N. C. and The Citizens Bank of Hendersonville, N. C.
 
               
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                    | Circulation Summary | 
                   
                    
                      | Low Bal (1915) | 
                      $15,000 | 
                     
                    
                      | High Bal (1918) | 
                      $50,000 | 
                     
                    
                      | Total Out (1929) | 
                      $48,980 | 
                     
                    
                       | 
                       | 
                     
                    
                      | # Large Notes | 
                      72,512 | 
                     
                    
                      | # Small Notes | 
                      8,004 | 
                     
                    
                      | # Total Notes | 
                      80,516 | 
                     
                    
                       | 
                       | 
                     
                    
                      | $ Large Size | 
                      $579,700 | 
                     
                    
                      | $ Small Size | 
                      $62,250 | 
                     
                    
                      | $ Total Issued | 
                      $641,950 | 
                     
                 
               | 
            
          
            
              
                
                  | Report Date | 
                  Total Resources | 
                  Circulation | 
                 
                  
                    | Sep-02-1915 | 
                    $366,838.00 | 
                    $15,000.00 | 
                   
                  
                    | Sep-12-1916 | 
                    $443,304.00 | 
                    $40,000.00 | 
                   
                  
                    | Sep-11-1917 | 
                    $596,293.00 | 
                    $49,200.00 | 
                   
                  
                    | Aug-31-1918 | 
                    $613,236.00 | 
                    $50,000.00 | 
                   
                  
                    | Sep-12-1919 | 
                    $882,538.00 | 
                    $50,000.00 | 
                   
                  
                    | Sep-12-1920 | 
                    $1,095,793.00 | 
                    $48,300.00 | 
                   
                  
                    | Sep-06-1921 | 
                    $1,224,466.00 | 
                    $47,900.00 | 
                   
                  
                    | Sep-15-1922 | 
                    $1,544,028.00 | 
                    $50,000.00 | 
                   
                  
                    | Sep-14-1923 | 
                    $1,522,520.00 | 
                    $49,200.00 | 
                   
                  
                    | Oct-10-1924 | 
                    $1,501,596.00 | 
                    $50,000.00 | 
                   
                  
                    | Sep-28-1925 | 
                    $2,265,457.00 | 
                    $49,200.00 | 
                   
                  
                    | Dec-31-1926 | 
                    $2,314,391.00 | 
                    $49,400.00 | 
                   
                  
                    | Oct-10-1927 | 
                    $2,734,197.00 | 
                    $49,200.00 | 
                   
                  
                    | Dec-31-1928 | 
                    $1,818,436.00 | 
                    $50,000.00 | 
                   
                  
                    | Dec-31-1929 | 
                    $1,985,063.00 | 
                    $48,980.00 | 
                   
               
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