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Bank Info for NB Charter 3316 (1885 - 1905)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Albion, MI
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1885-1889 Henry M. Dearing Samuel V. Irwin
1890-1897 Henry M. Dearing Willoughby O'Donoughue
1898-1898 Henry M. Dearing J. C. Foster
1899-1904 Henry M. Dearing Willoughby O'Donoughue
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 3x10-20 1 - 5425
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 13, 1885
  • Chartered Mar 2, 1885
  • Succeeded 1544 (National Exchange Bank, Albion, MI)
  • Liquidated Jan 13, 1905
  • Succeeded by 7552 (Albion National Bank, Albion, MI)
  • Notation on Organization Report:
  • It is supposed that this bank is to succeed to the business of " The National Exchange Bank of Albion"
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded 1544 (National Exchange Bank, Albion, MI)
  • Succeeded by 7552 (Albion National Bank, Albion, MI)
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1885) $271,325
High Bal (1904) $481,779
Circulation Summary
Low Bal (1885) $30,600
High Bal (1895) $74,250
Total Out (1904) $45,000
# Large Notes 21,700
# Small Notes 0
# Total Notes 21,700
$ Large Size $271,250
$ Small Size $0
$ Total Issued $271,250
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-01-1885 $271,325.36 $30,600.00
Oct-07-1886 $301,800.18 $33,750.00
Oct-05-1887 $323,664.65 $33,750.00
Oct-04-1888 $377,671.82 $33,750.00
Sep-30-1889 $371,822.09 $33,750.00
Oct-02-1890 $358,575.66 $33,750.00
Sep-25-1891 $411,614.71 $33,750.00
Sep-30-1892 $451,085.32 $33,750.00
Oct-03-1893 $427,904.23 $33,750.00
Oct-02-1894 $434,293.09 $33,750.00
Sep-28-1895 $464,080.19 $74,250.00
Oct-06-1896 $437,288.53 $74,250.00
Oct-05-1897 $468,555.85 $73,350.00
Sep-20-1898 $399,915.21 $73,150.00
Sep-07-1899 $366,195.57 $74,250.00
Sep-05-1900 $334,880.34 $45,000.00
Sep-30-1901 $375,995.31 $45,000.00
Sep-15-1902 $415,352.27 $45,000.00
Sep-09-1903 $447,964.91 $45,000.00
Sep-06-1904 $481,778.60 $45,000.00

 

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