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Bank Info for NB Charter 12521 (1924 - 1934)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Ocean City National Bank
Ocean City, NJ
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1924-1927 George S. Groff Edward Massey Sutton
1928-1932 George S. Groff Charles C. Read
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 - 5259
1929 Type 1 6x10 1 - 2124
1929 Type 1 6x20 1 - 544
1929 Type 2 10 1 - 948
1929 Type 2 20 1 - 325
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Nov 16, 1923
  • Chartered Apr 1, 1924
  • Conservatorship Mar 15, 1933
  • Receivership Jun 18, 1934
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1924) $465,237
High Bal (1925) $1,035,362
Circulation Summary
Low Bal (1927) $48,800
High Bal (1932) $70,000
Total Out (1932) $70,000
# Large Notes 21,036
# Small Notes 17,281
# Total Notes 38,317
$ Large Size $262,950
$ Small Size $208,700
$ Total Issued $471,650
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-10-1924 $465,237.00 $50,000.00
Sep-28-1925 $1,035,362.00 $49,000.00
Dec-31-1926 $960,912.00 $49,200.00
Oct-10-1927 $921,187.00 $48,800.00
Dec-31-1928 $885,931.00 $49,500.00
Dec-31-1929 $928,076.00 $50,000.00
Dec-31-1930 $888,213.00 $50,000.00
Dec-31-1931 $851,445.00 $50,000.00
Dec-31-1932 $791,682.00 $70,000.00

 

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