Smithsonian Institution (NBN Proof Collection)
No bank note images are available for this bank. A proof is shown here.
|
| Official Bank Title(s) (Huntoon) |
| # |
Bank Title (Change Date) |
Bank Town |
| 1 |
The First National Bank of |
Lake Preston, SD |
|
| Bank Officer Pairs (OCC/Pollock) |
|
|
| 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 |
| 1902 Plain Back |
4x5 |
1 - 2250 |
|
| 1902 Plain Back |
3x10-20 |
1 - 1542 |
|
|
| Smithsonian NBN Proof Links (Huntoon Index) |
|
|
| Bank History Summary (VanBelkum/Huntoon/Pollock) |
- Organized Jul 24, 1915
- Chartered Jul 30, 1915
- Receivership Mar 28, 1924
- Notation on Organization Report:
- Conversion of Merchants Exchange Bank, of Lake Preston, S. D.
|
| Bank Balance Summaries (Huntoon/Pollock) |
| Total Resources Summary |
| Low Bal (1915) |
$279,680 |
| High Bal (1920) |
$579,816 |
|
| Circulation Summary |
| Low Bal (1921) |
$24,200 |
| High Bal (1916) |
$25,000 |
| Total Out (1923) |
$25,000 |
|
|
| # Large Notes |
15,168 |
| # Small Notes |
0 |
| # Total Notes |
15,168 |
|
|
| $ Large Size |
$122,100 |
| $ Small Size |
$0 |
| $ Total Issued |
$122,100 |
|
| OCC Annual Bank Balances (Pollock) |
| Report Date |
Total Resources |
Circulation |
| Sep-02-1915 |
$279,680.00 |
$0.00 |
| Sep-12-1916 |
$387,630.00 |
$25,000.00 |
| Sep-11-1917 |
$456,526.00 |
$25,000.00 |
| Aug-31-1918 |
$534,950.00 |
$25,000.00 |
| Sep-12-1919 |
$556,557.00 |
$25,000.00 |
| Sep-12-1920 |
$579,816.00 |
$24,600.00 |
| Sep-06-1921 |
$479,638.00 |
$24,200.00 |
| Sep-15-1922 |
$485,043.00 |
$25,000.00 |
| Sep-14-1923 |
$464,967.00 |
$25,000.00 |
|
