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Bank Info for NB Charter 11698 (1920 - 1929)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Grundy, VA
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1920-1925 F. E. Morgan Green Charles
1926-1926 F. E. Morgan J. H. Stinson
1927-1927 F. E. Morgan W. A. Lester
1928-1928 Ira E. Thompson H. G. Charles
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 - 8020
1929 Type 1 6x10 1 - 232
1929 Type 1 6x20 1 - 20
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Apr 19, 1920
  • Chartered May 4, 1920
  • Receivership Dec 13, 1929
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1920) $184,717
High Bal (1925) $650,472
Circulation Summary
Low Bal (1921) $50,000
High Bal (1921) $50,000
Total Out (1928) $50,000
# Large Notes 32,080
# Small Notes 1,512
# Total Notes 33,592
$ Large Size $401,000
$ Small Size $16,320
$ Total Issued $417,320
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-12-1920 $184,717.00 $0.00
Sep-06-1921 $320,564.00 $50,000.00
Sep-15-1922 $384,826.00 $50,000.00
Sep-14-1923 $441,162.00 $50,000.00
Oct-10-1924 $594,597.00 $50,000.00
Sep-28-1925 $650,472.00 $50,000.00
Dec-31-1926 $585,659.00 $50,000.00
Oct-10-1927 $481,753.00 $50,000.00
Dec-31-1928 $389,924.00 $50,000.00

 

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