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Bank Info for NB Charter 12325 (1923 - 1929)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 Farmers National Bank of
Fairfax, SD
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1923-1924 E. E. Kvitrud John N. Ellerman
1924-1924 J. E. Pithulka John N. Ellerman
1925-1925 S. A. Kuhle John N. Ellerman
1926-1929 John N. Ellerman John N. Ellerman
Other Known Bank Note Signers
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Plain Back 3x10-20 1 - 2648
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Feb 3, 1923
  • Chartered Feb 19, 1923
  • Succeeded 8711 and assumed its circulation (First National Bank, Fairfax, SD)
  • Liquidated Apr 26, 1929
  • Succeeded by 13302 (The Farmers National Bank of, Fairfax, SD)
  • Circulation assumed by 13302 (The Farmers National Bank of, Fairfax, SD)
  • Receivership Feb 1, 1934
  • Notation on Organization Report:
  • Succeeded The First National Bank of Fairfax
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1927) $366,998
High Bal (1924) $442,806
Circulation Summary
Low Bal (1924) $49,300
High Bal (1923) $50,000
Total Out (1928) $50,000
# Large Notes 10,592
# Small Notes 0
# Total Notes 10,592
$ Large Size $132,400
$ Small Size $0
$ Total Issued $132,400
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-14-1923 $391,048.00 $50,000.00
Oct-10-1924 $442,806.00 $49,300.00
Sep-28-1925 $420,551.00 $49,400.00
Dec-31-1926 $427,012.00 $50,000.00
Oct-10-1927 $366,998.00 $50,000.00
Dec-31-1928 $369,446.00 $50,000.00

 

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