Lookup  U.S. National Bank Lookup (1863-1935)
Sponsored by the Society of Paper Money Collectors (Join SPMC)

Bank Info for NB Charter 3309 (1885 - 1905)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Salem, NY
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1885-1886 Mark L. Sheldon Benjamin F. Bancroft
1887-1891 Thomas E. Kenyon Mark L. Sheldon
1892-1893 W. J. Fitch Mark L. Sheldon
1894-1904 Charles A. Beattie Mark L. Sheldon
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
1882 Brown Back 4x5 1 - 13375
1882 Brown Back 50-100 1 - 178
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Feb 13, 1885
  • Chartered Feb 25, 1885
  • Succeeded 1127 (National Bank, Salem, NY)
  • Liquidated Feb 13, 1905
  • Succeeded by 7588 (Salem National Bank, Salem, NY)
  • Notation on Organization Report:
  • It is supposed that this bank is to succeed to the business of "The National Bank of Salem", N.Y.
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded 1127 (National Bank, Salem, NY)
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1900) $305,648
High Bal (1890) $570,420
Circulation Summary
Low Bal (1891) $22,250
High Bal (1886) $45,000
Total Out (1904) $24,900
# Large Notes 53,856
# Small Notes 0
# Total Notes 53,856
$ Large Size $294,200
$ Small Size $0
$ Total Issued $294,200
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-01-1885 $368,983.87 $44,750.00
Oct-07-1886 $394,192.77 $45,000.00
Oct-05-1887 $397,202.94 $45,000.00
Oct-04-1888 $431,265.87 $44,750.00
Sep-30-1889 $466,700.91 $45,000.00
Oct-02-1890 $570,419.90 $22,500.00
Sep-25-1891 $463,759.30 $22,250.00
Sep-30-1892 $460,621.85 $22,500.00
Oct-03-1893 $448,123.80 $40,250.00
Oct-02-1894 $409,167.36 $40,500.00
Sep-28-1895 $386,324.95 $45,000.00
Oct-06-1896 $342,990.01 $45,000.00
Oct-05-1897 $315,440.77 $44,900.00
Sep-20-1898 $320,413.18 $44,200.00
Sep-07-1899 $314,438.64 $44,160.00
Sep-05-1900 $305,647.83 $24,900.00
Sep-30-1901 $335,204.55 $24,800.00
Sep-15-1902 $321,503.78 $24,900.00
Sep-09-1903 $319,647.42 $24,900.00
Sep-06-1904 $317,169.37 $24,900.00

 

See National Bank Lookup website Overview for help. For additional bank & banker info including advanced Bank Officer Search, see the SPMC Bank Note History Project home page. For more information on the National Bank Notes issued by these banks, see Collecting U.S. National Bank Notes on SPMC's Collecting Paper Money website. Join SPMC!