- Organized May 21, 1923
- Chartered Jun 1, 1923
- Succeeded Merchants and Miners State Bank
- Liquidated Sep 28, 1934
- Succeeded by 14249 (National Metals Bank, Hancock, MI)
- Circulation assumed by 14249 (National Metals Bank, Hancock, MI)
- Notation on Organization Report:
- Conversion of The Merchants & Miners State Bank, Ironwood
|
| Circulation Summary |
| Low Bal (1923) |
$25,000 |
| High Bal (1927) |
$100,000 |
| Total Out (1933) |
$100,000 |
|
|
| # Large Notes |
55,712 |
| # Small Notes |
43,185 |
| # Total Notes |
98,897 |
|
|
| $ Large Size |
$424,200 |
| $ Small Size |
$287,690 |
| $ Total Issued |
$711,890 |
|
| Report Date |
Total Resources |
Circulation |
| Sep-14-1923 |
$822,074.00 |
$25,000.00 |
| Oct-10-1924 |
$1,345,314.00 |
$98,580.00 |
| Sep-28-1925 |
$1,187,383.00 |
$95,400.00 |
| Dec-31-1926 |
$1,227,450.00 |
$99,200.00 |
| Oct-10-1927 |
$1,468,437.00 |
$100,000.00 |
| Dec-31-1928 |
$1,370,103.00 |
$100,000.00 |
| Dec-31-1929 |
$1,346,321.00 |
$100,000.00 |
| Dec-31-1930 |
$1,329,120.00 |
$100,000.00 |
| Dec-31-1931 |
$1,482,951.00 |
$98,850.00 |
| Dec-31-1932 |
$1,275,603.00 |
$100,000.00 |
| Dec-30-1933 |
$1,149,118.00 |
$100,000.00 |
|