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Bank Info for NB Charter 1744 (1870 - 1930)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Burlington, IA
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1870-1878 Edward McKitterick Theodore W. Barhydt
1879-1896 Henry C. Garrett Theodore W. Barhydt
1897-1903 James L. Edwards Theodore W. Barhydt
1904-1917 Herman J. Hungerford James L. Edwards
1918-1918 * none * James L. Edwards
1919-1929 Esco Walker Wichhart James L. Edwards
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
Original Series 3x1-2 1 - 1500
Original Series 4x5 1 - 2375
Original Series 3x10-20 1 - 2500
Series 1875 4x5 1 - 1040
Series 1875 3x10-20 1 - 2652
1882 Brown Back 50-100 1 - 2473
1882 Date Back 4x5 1 - 1825
1902 Date Back 4x5 1 - 5000
1902 Date Back 3x50-100 1 - 950
1902 Plain Back 4x5 5001 - 26294
1902 Plain Back 3x50-100 951 - 1172
1929 Type 1 6x5 1 - 1506
1929 Type 1 6x50 1 - 29
1929 Type 1 6x100 1 - 1
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Nov 7, 1870
  • Chartered Dec 2, 1870
  • Liquidated May 12, 1930
  • Absorbed by First Iowa State Trust and Savings Bank, Burlington Savings Bank, American Savings Bank and Trust Company, and Farmers and Merchants Savings Bank, all of Burlington
  • Receivership Dec 2, 1930
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1879) $389,781
High Bal (1920) $2,678,120
Circulation Summary
Low Bal (1886) $17,250
High Bal (1871) $135,000
Total Out (1929) $100,000
# Large Notes 162,378
# Small Notes 9,216
# Total Notes 171,594
$ Large Size $1,559,730
$ Small Size $54,480
$ Total Issued $1,614,210
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-02-1871 $491,583.99 $135,000.00
Oct-03-1872 $598,943.30 $135,000.00
Sep-12-1873 $611,225.22 $135,000.00
Oct-02-1874 $702,470.64 $135,000.00
Oct-01-1875 $615,085.54 $45,000.00
Oct-02-1876 $623,571.92 $45,000.00
Oct-01-1877 $481,585.46 $45,000.00
Oct-01-1878 $399,755.80 $44,400.00
Oct-02-1879 $389,780.50 $45,000.00
Oct-01-1880 $455,025.11 $44,500.00
Oct-01-1881 $547,962.21 $90,000.00
Oct-03-1882 $468,002.59 $90,000.00
Oct-02-1883 $560,603.32 $85,650.00
Sep-30-1884 $515,683.14 $84,400.00
Oct-01-1885 $609,404.86 $85,800.00
Oct-07-1886 $568,056.30 $17,250.00
Oct-05-1887 $579,479.50 $22,500.00
Oct-04-1888 $738,260.20 $22,500.00
Sep-30-1889 $584,293.43 $22,500.00
Oct-02-1890 $700,759.95 $22,500.00
Sep-25-1891 $670,699.12 $18,150.00
Sep-30-1892 $639,689.61 $18,147.50
Oct-03-1893 $556,896.79 $21,897.50
Oct-02-1894 $617,508.90 $22,500.00
Sep-28-1895 $637,597.29 $22,050.00
Oct-06-1896 $609,590.88 $22,000.00
Oct-05-1897 $719,046.84 $21,000.00
Sep-20-1898 $776,165.30 $22,050.00
Sep-07-1899 $890,891.79 $90,000.00
Sep-05-1900 $1,083,205.95 $99,400.00
Sep-30-1901 $1,329,231.02 $99,250.00
Sep-15-1902 $1,264,232.96 $100,000.00
Sep-09-1903 $1,198,208.44 $100,000.00
Sep-06-1904 $1,345,924.39 $100,000.00
Aug-25-1905 $1,423,607.00 $100,000.00
Sep-04-1906 $1,473,726.00 $100,000.00
Aug-22-1907 $1,549,833.00 $98,200.00
Sep-23-1908 $1,786,624.00 $99,100.00
Sep-01-1909 $1,987,890.00 $98,800.00
Sep-01-1910 $1,602,838.00 $100,000.00
Sep-01-1911 $1,736,929.00 $100,000.00
Sep-04-1912 $1,992,401.00 $100,000.00
Aug-09-1913 $1,764,956.00 $100,000.00
Sep-12-1914 $1,761,031.00 $100,000.00
Sep-02-1915 $1,919,761.00 $100,000.00
Sep-12-1916 $1,983,290.00 $98,500.00
Sep-11-1917 $2,166,777.00 $100,000.00
Aug-31-1918 $2,100,555.00 $100,000.00
Sep-12-1919 $2,527,982.00 $97,300.00
Sep-12-1920 $2,678,120.00 $98,500.00
Sep-06-1921 $2,018,396.00 $98,700.00
Sep-15-1922 $2,188,311.00 $100,000.00
Sep-14-1923 $2,521,438.00 $100,000.00
Oct-10-1924 $2,501,950.00 $100,000.00
Sep-28-1925 $2,588,036.00 $100,000.00
Dec-31-1926 $2,494,815.00 $100,000.00
Oct-10-1927 $2,598,875.00 $98,300.00
Dec-31-1928 $2,196,915.00 $99,000.00
Dec-31-1929 $1,814,211.00 $100,000.00

 

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