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Bank Info for NB Charter 10834 (1916 - 1936+)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Grayson County National Bank of
Independence, VA
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1916-1921 Ellis Leftwich Lundy Columbus "Lum" Phipps
1922-1923 Ellis Leftwich Lundy W. M. Warrren
1924-1924 Edgar Isom Phipps W. M. Warrren
1925-1925 A. M. Davis Edgar Isom Phipps
1926-1926 J. P. Bryant Edgar Isom Phipps
1927-1935 Winton Cornett Phipps Edgar Isom Phipps
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 3x10-20 1 - 5547
1929 Type 1 6x10 1 - 1216
1929 Type 1 6x20 1 - 296
1929 Type 2 10 1 - 2522
1929 Type 2 20 1 - 648
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Mar 3, 1916
  • Chartered Mar 31, 1916
  • Assumed 11990 by consolidation Jun 30, 1932 and its circulation (First National Bank, Troutdale, VA)
  • Bank was Open past 1935
  • For Bank History after 1935 see:
  • FDIC Bank History website
  • Notation on Organization Report:
  • Conversion of The Bank of Grayson, Independence, Va.
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1916) $162,395
High Bal (1920) $367,942
Circulation Summary
Low Bal (1917) $13,850
High Bal (1932) $50,000
Total Out (1934) $46,500
# Large Notes 22,188
# Small Notes 12,242
# Total Notes 34,430
$ Large Size $277,350
$ Small Size $146,660
$ Total Issued $424,010
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-12-1916 $162,395.00 $0.00
Sep-11-1917 $212,474.00 $13,850.00
Aug-31-1918 $236,263.00 $24,600.00
Sep-12-1919 $312,112.00 $35,000.00
Sep-12-1920 $367,942.00 $34,400.00
Sep-06-1921 $268,117.00 $31,600.00
Sep-15-1922 $349,901.00 $34,100.00
Sep-14-1923 $355,526.00 $35,000.00
Oct-10-1924 $310,226.00 $33,300.00
Sep-28-1925 $266,206.00 $35,000.00
Dec-31-1926 $296,487.00 $32,900.00
Oct-10-1927 $355,640.00 $34,100.00
Dec-31-1928 $336,791.00 $35,000.00
Dec-31-1929 $330,454.00 $35,000.00
Dec-31-1930 $284,981.00 $32,060.00
Dec-31-1931 $251,197.00 $33,980.00
Dec-31-1932 $336,404.00 $50,000.00
Dec-30-1933 $322,236.00 $49,040.00
Dec-31-1934 $318,067.00 $46,500.00
Dec-31-1935 $313,371.00 $0.00

 

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