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Bank Info for NB Charter 12634 (1925 - 1931)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 First and Farmers National Bank in
Luverne, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1925-1929 Carl Otto Mueller Edward Appleton Brown
1930-1930 James Bryan McRobert Edward Appleton Brown
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 - 2037
1929 Type 1 6x10 1 - 588
1929 Type 1 6x20 1 - 148
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 27, 1925
  • Chartered Feb 2, 1925
  • Succeeded 3428 (First National Bank, Luverne, MN)
  • Succeeded 7770 (Farmers National Bank, Luverne, MN)
  • Assumed circulation of both
  • Receivership Mar 23, 1931
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1930) $1,117,419
High Bal (1925) $2,107,793
Circulation Summary
Low Bal (1926) $54,500
High Bal (1925) $55,000
Total Out (1930) $55,000
# Large Notes 8,148
# Small Notes 4,416
# Total Notes 12,564
$ Large Size $101,850
$ Small Size $53,040
$ Total Issued $154,890
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-28-1925 $2,107,793.00 $55,000.00
Dec-31-1926 $1,816,425.00 $54,500.00
Oct-10-1927 $1,639,952.00 $55,000.00
Dec-31-1928 $1,576,490.00 $54,550.00
Dec-31-1929 $1,511,672.00 $55,000.00
Dec-31-1930 $1,117,419.00 $55,000.00

 

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