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Bank Info for NB Charter 3730 (1887 - 1902)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Preston National Bank of
Detroit, MI
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1887-1890 Julius P. Gilmore Rufus W. Gillett
1891-1892 Julius P. Gilmore T. W. Palmer
1893-1893 Julius P. Gilmore Frederick Walter Hayes
1894-1897 H. L. O'Brien Frederick Walter Hayes
1898-1900 Irving B. Unger Frederick Walter Hayes
1901-1901 Irving B. Unger Charles L. Palms
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 - 41738
1882 Brown Back 50-100 1 - 2000
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jun 15, 1887
  • Chartered Jun 23, 1887
  • Assumed 2365 by consolidation on Apr 14, 1894 (Merchants and Manufacturers NB, Detroit, MI)
  • Liquidated Jun 17, 1902
  • Consolidated with 2591 (Commercial National Bank, Detroit, MI)
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1887) $1,392,190
High Bal (1895) $5,967,978
Circulation Summary
Low Bal (1892) $38,350
High Bal (1895) $900,000
Total Out (1901) $680,980
# Large Notes 170,952
# Small Notes 0
# Total Notes 170,952
$ Large Size $2,386,900
$ Small Size $0
$ Total Issued $2,386,900
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Oct-05-1887 $1,392,189.89 $45,000.00
Oct-04-1888 $2,550,496.26 $45,000.00
Sep-30-1889 $3,545,671.09 $44,100.00
Oct-02-1890 $3,715,587.73 $45,000.00
Sep-25-1891 $3,519,944.12 $45,000.00
Sep-30-1892 $4,384,860.03 $38,350.00
Oct-03-1893 $3,941,831.58 $894,700.00
Oct-02-1894 $5,829,292.74 $883,150.00
Sep-28-1895 $5,967,977.99 $900,000.00
Oct-06-1896 $5,265,207.86 $900,000.00
Oct-05-1897 $5,185,756.94 $630,000.00
Sep-20-1898 $5,091,444.93 $610,900.00
Sep-07-1899 $5,508,382.02 $589,850.00
Sep-05-1900 $5,256,607.82 $691,160.00
Sep-30-1901 $5,891,463.90 $680,980.00

 

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