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Bank Info for NB Charter 11142 (1918 - 1929)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Northwestern National Bank of
Grand Forks, ND
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1918-1928 Samuel Torgerson Oliver Sigvard Hanson
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 - 11424
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 26, 1918
  • Chartered Feb 2, 1918
  • Closed Jun 28, 1929
  • Consolidated with 2570 Jun 28, 1929 (Citizens NB/FNB, Grand Forks, ND)
  • Circulation assumed by 2570 (Citizens NB/FNB, Grand Forks, ND)
  • Notation on Organization Report:
  • Conversion of The Scandanavian American Bank of Grand Forks, N. Dak.
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1918) $2,106,698
High Bal (1928) $3,124,992
Circulation Summary
Low Bal (1918) $50,000
High Bal (1919) $100,000
Total Out (1928) $100,000
# Large Notes 45,696
# Small Notes 0
# Total Notes 45,696
$ Large Size $571,200
$ Small Size $0
$ Total Issued $571,200
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Aug-31-1918 $2,106,698.00 $50,000.00
Sep-12-1919 $2,785,484.00 $100,000.00
Sep-12-1920 $2,597,828.00 $98,700.00
Sep-06-1921 $2,314,553.00 $97,900.00
Sep-15-1922 $2,295,960.00 $100,000.00
Sep-14-1923 $2,484,178.00 $97,800.00
Oct-10-1924 $2,719,693.00 $100,000.00
Sep-28-1925 $2,884,005.00 $100,000.00
Dec-31-1926 $3,071,114.00 $100,000.00
Oct-10-1927 $3,022,064.00 $100,000.00
Dec-31-1928 $3,124,992.00 $100,000.00

 

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