- Organized Dec 19, 1916
- Chartered Jan 12, 1917
- Liquidated Dec 20, 1929
- Succeeded by 13399 (Pipestone NB in (No Issue), Pipestone, MN)
- Pipestone NB was robbed of $1,793 by 6 men on Sept 30, 1933.
- They took 3 hostages as human shields for their getaway.
- All 6 men were reported caught or killed within a few years.
- Notation on Organization Report:
- Conversion of Pipestone State Bank, Pipestone, Minnesota
|
| Circulation Summary |
| Low Bal (1917) |
$24,600 |
| High Bal (1918) |
$50,000 |
| Total Out (1928) |
$48,600 |
|
|
| # Large Notes |
22,300 |
| # Small Notes |
426 |
| # Total Notes |
22,726 |
|
|
| $ Large Size |
$278,750 |
| $ Small Size |
$4,860 |
| $ Total Issued |
$283,610 |
|
| Report Date |
Total Resources |
Circulation |
| Sep-11-1917 |
$734,033.00 |
$24,600.00 |
| Aug-31-1918 |
$817,562.00 |
$50,000.00 |
| Sep-12-1919 |
$1,124,582.00 |
$50,000.00 |
| Sep-12-1920 |
$992,557.00 |
$49,700.00 |
| Sep-06-1921 |
$803,417.00 |
$48,700.00 |
| Sep-15-1922 |
$918,540.00 |
$50,000.00 |
| Sep-14-1923 |
$1,092,706.00 |
$47,900.00 |
| Oct-10-1924 |
$1,306,532.00 |
$50,000.00 |
| Sep-28-1925 |
$1,345,369.00 |
$49,300.00 |
| Dec-31-1926 |
$1,195,430.00 |
$48,900.00 |
| Oct-10-1927 |
$1,198,966.00 |
$50,000.00 |
| Dec-31-1928 |
$1,228,054.00 |
$48,600.00 |
|
