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Bank Info for NB Charter 12311 (1923 - 1936+)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Ferrum, VA
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1923-1928 C. L. Ross W. B. Thompson
1929-1935 C. L. Ross R. A. Barnhart
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 - 3278
1929 Type 1 6x5 1 - 106
1929 Type 1 6x10 1 - 916
1929 Type 1 6x20 1 - 250
1929 Type 2 5 1 - 1044
1929 Type 2 10 1 - 606
1929 Type 2 20 1 - 204
1929 Type 2 100 1 - 72
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Dec 28, 1922
  • Chartered Feb 1, 1923
  • Conservatorship Mar 17, 1933
  • Licensed Jul 14, 1933
  • Bank was Open past 1935
  • For Bank History after 1935 see:
  • FDIC Bank History website
  • Notation on Organization Report:
  • Conversion of The Bank of Ferrum
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1933) $241,511
High Bal (1929) $498,699
Circulation Summary
Low Bal (1927) $24,400
High Bal (1923) $25,000
Total Out (1934) $25,000
# Large Notes 13,112
# Small Notes 9,558
# Total Notes 22,670
$ Large Size $163,900
$ Small Size $110,700
$ Total Issued $274,600
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-14-1923 $352,286.00 $25,000.00
Oct-10-1924 $382,367.00 $25,000.00
Sep-28-1925 $367,205.00 $25,000.00
Dec-31-1926 $417,132.00 $25,000.00
Oct-10-1927 $398,840.00 $24,400.00
Dec-31-1928 $460,400.00 $24,600.00
Dec-31-1929 $498,699.00 $25,000.00
Dec-31-1930 $474,629.00 $25,000.00
Dec-31-1931 $413,322.00 $25,000.00
Dec-31-1932 $346,133.00 $25,000.00
Dec-30-1933 $241,511.00 $25,000.00
Dec-31-1934 $325,680.00 $25,000.00
Dec-31-1935 $289,608.00 $0.00

 

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