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Bank Info for NB Charter 11735 (1920 - 1933)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Farmers First National Bank of
Rake, IA
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1920-1922 Theodore A. Rake Joe Larson
1923-1924 Theodore A. Rake O. C. Olson
1925-1925 Albert Martin Erdahl O. C. Olson
1926-1926 Albert Martin Erdahl Joe Larson
1927-1932 Albert Martin Erdahl John Olous Jordahl
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
1929 Type 1 6x5 1 - 388
1929 Type 1 6x10 1 - 249
Smithsonian NBN Proof Links (Huntoon Index)
  • (No Smithsonian Proofs available for Charter 11735)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Chartered May 28, 1920
  • Conservatorship Apr 10, 1933
  • Receivership Oct 30, 1933
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1920) $106,879
High Bal (1929) $235,236
Circulation Summary
Low Bal (1931) $9,000
High Bal (1932) $16,000
Total Out (1932) $16,000
# Large Notes 0
# Small Notes 3,822
# Total Notes 3,822
$ Large Size $0
$ Small Size $26,580
$ Total Issued $26,580
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-12-1920 $106,879.00 $0.00
Sep-06-1921 $123,953.00 $0.00
Sep-15-1922 $186,302.00 $0.00
Sep-14-1923 $202,942.00 $0.00
Oct-10-1924 $208,081.00 $0.00
Sep-28-1925 $212,635.00 $0.00
Dec-31-1926 $230,699.00 $0.00
Oct-10-1927 $229,275.00 $0.00
Dec-31-1928 $227,919.00 $0.00
Dec-31-1929 $235,236.00 $0.00
Dec-31-1930 $209,262.00 $0.00
Dec-31-1931 $199,789.00 $9,000.00
Dec-31-1932 $176,448.00 $16,000.00

 

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