- Organized Jun 30, 1927
- Chartered Jun 30, 1927
- 1: Succeeded a state bank
- 1: Absorbed 13195 Dec 8, 1931 (Mobile National Bank, Mobile, AL)
- Bank was Open past 1935
- For Bank History after 1935 see:
- FDIC Bank History website
- Merged into Merchants National Bank in Mobile,AL Oct 28,1981
- Notation on Organization Report:
- Conversion of Merchants Bank, Mobile, Alabama; The inserted in title upon receipt of bank's
|
Circulation Summary |
Low Bal (1927) |
$500,000 |
High Bal (1930) |
$1,000,000 |
Total Out (1934) |
$1,000,000 |
|
|
# Large Notes |
240,192 |
# Small Notes |
535,338 |
# Total Notes |
775,530 |
|
|
$ Large Size |
$1,799,250 |
$ Small Size |
$4,247,960 |
$ Total Issued |
$6,047,210 |
|
Report Date |
Total Resources |
Circulation |
Oct-10-1927 |
$17,171,024.00 |
$500,000.00 |
Dec-31-1928 |
$19,688,687.00 |
$750,000.00 |
Dec-31-1929 |
$17,409,995.00 |
$750,000.00 |
Dec-31-1930 |
$17,283,594.00 |
$1,000,000.00 |
Dec-31-1931 |
$16,851,934.00 |
$990,940.00 |
Dec-31-1932 |
$14,153,508.00 |
$1,000,000.00 |
Dec-30-1933 |
$14,997,989.00 |
$1,000,000.00 |
Dec-31-1934 |
$17,238,320.00 |
$1,000,000.00 |
Dec-31-1935 |
$18,246,097.00 |
$0.00 |
|