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Bank Info for NB Charter 13097 (1927 - 1981)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 Merchants National Bank of
Mobile, AL
2 The Merchants National Bank of [1929]
Mobile, AL
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1927-1929 Joseph George Sledge Norton, (Sr.) Ernest Fleetwood Ladd, (Sr.)
1930-1935 Arthur Thomas McRae Taul, (Sr.) Ernest Fleetwood Ladd, (Sr.)
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
1: 1902 Plain Back 4x5 1 - 40105
1: 1902 Plain Back 3x10-20 1 - 19943
2: 1929 Type 1 6x5 1 - 40836
2: 1929 Type 1 6x10 1 - 22382
2: 1929 Type 1 6x20 1 - 6216
2: 1929 Type 2 5 1 - 72410
2: 1929 Type 2 10 1 - 35449
2: 1929 Type 2 20 1 - 10875
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • 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
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1932) $14,153,508
High Bal (1928) $19,688,687
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
OCC Annual Bank Balances (Pollock)
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

 

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