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Bank Info for NB Charter 11627 (1920 - 1930)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Farmers and Merchants National Bank of
Ivanhoe, MN
2 The Farmers & Merchants National Bank of [1929]
Ivanhoe, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1920-1920 Frank R. Kluczny Harry Joseph Tillemans
1921-1930 Leonard V. Widmark Harry Joseph Tillemans
Other Known Bank Note Signers
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
1: 1902 Plain Back 3x10-20 1 - 3128
2: 1929 Type 1 6x10 1 - 235
2: 1929 Type 1 6x20 1 - 51
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 27, 1920
  • Chartered Mar 5, 1920
  • 2: Liquidated Jul 24, 1930
  • 2: Succeeded by 13468 (Farmers and Merchants NB (No Issue), Ivanhoe, MN)
  • Notation on Organization Report:
  • Conversion of The Lincoln County State Bank of Ivanhoe
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1921) $397,724
High Bal (1926) $606,311
Circulation Summary
Low Bal (1921) $30,000
High Bal (1924) $35,000
Total Out (1929) $35,000
# Large Notes 12,512
# Small Notes 1,716
# Total Notes 14,228
$ Large Size $156,400
$ Small Size $20,220
$ Total Issued $176,620
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-12-1920 $562,779.00 $0.00
Sep-06-1921 $397,724.00 $30,000.00
Sep-15-1922 $490,313.00 $30,000.00
Sep-14-1923 $489,364.00 $34,400.00
Oct-10-1924 $531,797.00 $35,000.00
Sep-28-1925 $601,127.00 $34,400.00
Dec-31-1926 $606,311.00 $35,000.00
Oct-10-1927 $549,146.00 $34,600.00
Dec-31-1928 $541,583.00 $35,000.00
Dec-31-1929 $509,460.00 $35,000.00

 

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