- Organized Nov 20, 1917
- Chartered Dec 31, 1917
- Absorbed 11974 Sep 30, 1924 (Peoples National Bank, Proctor, MN)
- Bank was Open past 1935
- For Bank History after 1935 see:
- FDIC Bank History website
- Still in business as First National Bank,Proctor (June 2022)
- Notation on Organization Report:
- Conversion of The Proctor State Bank, Proctor, Minn.
|
| Circulation Summary |
| Low Bal (1926) |
$18,862 |
| High Bal (1931) |
$50,000 |
| Total Out (1934) |
$49,550 |
|
|
| # Large Notes |
48,384 |
| # Small Notes |
37,296 |
| # Total Notes |
85,680 |
|
|
| $ Large Size |
$241,920 |
| $ Small Size |
$186,480 |
| $ Total Issued |
$428,400 |
|
| Report Date |
Total Resources |
Circulation |
| Aug-31-1918 |
$386,763.00 |
$25,000.00 |
| Sep-12-1919 |
$496,472.00 |
$25,000.00 |
| Sep-12-1920 |
$573,416.00 |
$23,600.00 |
| Sep-06-1921 |
$566,898.00 |
$24,700.00 |
| Sep-15-1922 |
$528,315.00 |
$25,000.00 |
| Sep-14-1923 |
$533,420.00 |
$24,100.00 |
| Oct-10-1924 |
$720,296.00 |
$23,900.00 |
| Sep-28-1925 |
$767,878.00 |
$24,000.00 |
| Dec-31-1926 |
$838,015.00 |
$18,862.00 |
| Oct-10-1927 |
$779,530.00 |
$25,000.00 |
| Dec-31-1928 |
$762,798.00 |
$25,000.00 |
| Dec-31-1929 |
$715,852.00 |
$25,000.00 |
| Dec-31-1930 |
$669,337.00 |
$25,000.00 |
| Dec-31-1931 |
$636,856.00 |
$50,000.00 |
| Dec-31-1932 |
$541,752.00 |
$50,000.00 |
| Dec-30-1933 |
$540,760.00 |
$50,000.00 |
| Dec-31-1934 |
$615,945.00 |
$49,550.00 |
| Dec-31-1935 |
$620,207.00 |
$0.00 |
|