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Bank Info for NB Charter 12395 (1923 - open)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Cokato, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1923-1924 J. E. Howe Gustaf Moody
1925-1934 A. M. Loberg J. E. Howe
1935-1935 A. M. Loberg Carl Titrud
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 4x5 1 - 1882
1929 Type 1 6x5 1 - 848
1929 Type 1 6x10 1 - 252
1929 Type 1 6x20 1 - 76
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized May 16, 1923
  • Chartered Jun 15, 1923
  • Bank was Open past 1935
  • For Bank History after 1935 see:
  • FDIC Bank History website
  • Still in business as First NB, Cokato, MN (December 2022)
  • Notation on Organization Report:
  • Conversion of The Citizens State Bank of Cokato
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1923) $355,427
High Bal (1926) $606,716
Circulation Summary
Low Bal (1924) $5,000
High Bal (1932) $20,000
Total Out (1934) $15,000
# Large Notes 7,528
# Small Notes 7,056
# Total Notes 14,584
$ Large Size $37,640
$ Small Size $49,680
$ Total Issued $87,320
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-14-1923 $355,427.00 $0.00
Oct-10-1924 $481,622.00 $5,000.00
Sep-28-1925 $563,376.00 $10,000.00
Dec-31-1926 $606,716.00 $10,000.00
Oct-10-1927 $550,997.00 $10,000.00
Dec-31-1928 $556,191.00 $10,000.00
Dec-31-1929 $555,732.00 $10,000.00
Dec-31-1930 $542,638.00 $10,000.00
Dec-31-1931 $491,607.00 $10,000.00
Dec-31-1932 $410,922.00 $20,000.00
Dec-30-1933 $380,547.00 $20,000.00
Dec-31-1934 $431,379.00 $15,000.00
Dec-31-1935 $440,489.00 $0.00

 

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