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Bank Info for NB Charter 2935 (1883 - 1984)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Watertown, SD
2 The First National Bank and Trust Company of (1/17/1930)
Watertown, SD
3 The First Citizens National Bank of (1/3/1933)
Watertown, SD
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1883-1905 Samuel B. Sheldon Homer D. Walrath
1906-1916 H. J. Fahnestock, Jr. Homer D. Walrath
1917-1920 Frederick Bailey Stiles Homer D. Walrath
1921-1929 Carroll Herbert Lockhart H. J. Fahnestock, Jr.
1930-1932 Carroll Herbert Lockhart Frederick Bailey Stiles
1933-1935 Bert Morgan Lorenzo Thomas Morris
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: 1882 Brown Back 4x5 1 - 1337 Territory
1: 1882 Brown Back 4x5 1338 - 3721
1: 1882 Brown Back 3x10-20 1 - 330
1: 1902 Red Seal 3x10-20 1 - 2050
1: 1902 Date Back 3x10-20 1 - 5400
1: 1902 Plain Back 3x10-20 5401 - 16431
2: 1929 Type 1 6x10 1 - 1814
2: 1929 Type 1 6x20 1 - 576
3: 1929 Type 1 6x10 1 - 324
3: 1929 Type 1 6x20 1 - 72
3: 1929 Type 2 10 1 - 816
3: 1929 Type 2 20 1 - 250
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Mar 17, 1883
  • Chartered Apr 25, 1883
  • 1: Succeeded Codington County Bank
  • 1: Absorbed 7504 Jun 22, 1926 (Security National Bank, Watertown, SD)
  • 1: Absorbed 10774 Apr 9, 1929 (First National Bank (No Issue), Florence, SD)
  • 2: Absorbed 3349 Jan 3, 1933 (Citizens National Bank, Watertown, SD)
  • Bank was Open past 1935
  • For Bank History after 1935 see:
  • FDIC Bank History website
  • Affiliated/Acquired by Northwest Banco March? 1929
  • Merged into Norwest Bank South Dakota, N.A., Sioux Falls, SD
  • on Oct 1, 1984
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Codington County Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1883) $98,416
High Bal (1927) $3,072,865
Circulation Summary
Low Bal (1892) $6,750
High Bal (1912) $100,000
Total Out (1934) $100,000
# Large Notes 90,128
# Small Notes 17,782
# Total Notes 107,910
$ Large Size $1,014,970
$ Small Size $219,200
$ Total Issued $1,234,170
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-02-1883 $98,415.94 $7,000.00
Sep-30-1884 $118,680.79 $10,240.00
Oct-01-1885 $129,437.87 $9,240.00
Oct-07-1886 $140,497.78 $8,740.00
Oct-05-1887 $175,413.81 $8,750.00
Oct-04-1888 $158,971.07 $8,750.00
Sep-30-1889 $153,512.21 $8,190.00
Oct-02-1890 $181,369.85 $8,250.00
Sep-25-1891 $181,170.10 $7,750.00
Sep-30-1892 $199,506.81 $6,750.00
Oct-03-1893 $181,613.82 $15,830.00
Oct-02-1894 $144,428.93 $16,160.00
Sep-28-1895 $137,076.45 $15,620.00
Oct-06-1896 $166,258.40 $18,000.00
Oct-05-1897 $182,241.80 $15,980.00
Sep-20-1898 $177,160.18 $14,500.00
Sep-07-1899 $218,629.79 $13,100.00
Sep-05-1900 $247,756.52 $15,000.00
Sep-30-1901 $315,074.40 $18,200.00
Sep-15-1902 $394,211.28 $19,000.00
Sep-09-1903 $400,970.48 $25,000.00
Sep-06-1904 $435,723.11 $25,000.00
Aug-25-1905 $418,546.00 $25,000.00
Sep-04-1906 $520,901.00 $50,000.00
Aug-22-1907 $562,410.00 $50,000.00
Sep-23-1908 $689,103.00 $50,000.00
Sep-01-1909 $631,957.00 $50,000.00
Sep-01-1910 $700,309.00 $50,000.00
Sep-01-1911 $604,689.00 $50,000.00
Sep-04-1912 $637,399.00 $100,000.00
Aug-09-1913 $685,831.00 $100,000.00
Sep-12-1914 $698,476.00 $100,000.00
Sep-02-1915 $727,002.00 $100,000.00
Sep-12-1916 $837,692.00 $100,000.00
Sep-11-1917 $1,020,120.00 $100,000.00
Aug-31-1918 $1,553,195.00 $100,000.00
Sep-12-1919 $1,986,280.00 $100,000.00
Sep-12-1920 $2,108,763.00 $99,500.00
Sep-06-1921 $1,606,498.00 $97,595.00
Sep-15-1922 $1,571,561.00 $98,895.00
Sep-14-1923 $1,612,433.00 $99,995.00
Oct-10-1924 $2,280,622.00 $98,750.00
Sep-28-1925 $2,349,308.00 $97,850.00
Dec-31-1926 $2,843,874.00 $99,050.00
Oct-10-1927 $3,072,865.00 $100,000.00
Dec-31-1928 $2,929,135.00 $98,700.00
Dec-31-1929 $2,798,173.00 $86,010.00
Dec-31-1930 $2,543,682.00 $100,000.00
Dec-31-1931 $2,227,418.00 $100,000.00
Dec-31-1932 $1,813,984.00 $100,000.00
Dec-30-1933 $2,430,376.00 $100,000.00
Dec-31-1934 $2,562,290.00 $100,000.00
Dec-31-1935 $2,439,032.00 $0.00

 

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