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Bank Info for NB Charter 5137 (1898 - 1929)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Elmira, NY
2 2nd title not used on notes: The Merchants National Bank and Trust Company of (5/19/1927)
Elmira, NY
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1898-1907 Charles C. Swan Elmer R. Backer
1908-1918 E. M. Fay Charles C. Swan
1919-1921 Geo. W. Brooks Charles C. Swan
1922-1928 Geo. W. Brooks H. H. Griswold
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 3x10-20 1 - 9300
1: 1882 Date Back 4x5 1 - 10000
1: 1882 DB/VB 4x5 10001 - 10750 Type uncertain
1: 1882 Value Back 4x5 10751 - 14930
1: 1882 Date Back 3x10-20 1 - 6300
1: 1882 DB/VB 3x10-20 6301 - 6700 Type uncertain
1: 1882 Value Back 3x10-20 6701 - 9323
1: 1902 Plain Back 4x5 1 - 3750
1: 1902 Plain Back 3x10-20 1 - 20061

If you find a note in a 'Type uncertain' serial# range, please send Front AND Back scans of the note to banknotehistory@gmail.com, so we can assign the proper Type to that serial# range. Thanks!

For a current list of all of these 'Type uncertain' banks, visit our wiki page.

Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Aug 16, 1898
  • Chartered Sep 7, 1898
  • 2: Closed Sep 14, 1929
  • 2: Consolidated with 149 Sep 14, 1929 (Second National Bank/First NB & TC, Elmira, NY)
  • 2: Circulation assumed by 149 (Second National Bank/First NB & TC, Elmira, NY)
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded State Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1898) $246,912
High Bal (1928) $4,398,614
Circulation Summary
Low Bal (1926) $25,000
High Bal (1924) $250,000
Total Out (1928) $25,000
# Large Notes 229,456
# Small Notes 0
# Total Notes 229,456
$ Large Size $2,307,800
$ Small Size $0
$ Total Issued $2,307,800
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-20-1898 $246,912.38 $0.00
Sep-07-1899 $365,623.91 $67,500.00
Sep-05-1900 $398,943.19 $75,000.00
Sep-30-1901 $465,231.32 $100,000.00
Sep-15-1902 $499,140.12 $100,000.00
Sep-09-1903 $526,828.69 $99,300.00
Sep-06-1904 $559,613.03 $100,000.00
Aug-25-1905 $597,504.00 $100,000.00
Sep-04-1906 $680,079.00 $100,000.00
Aug-22-1907 $695,875.00 $100,000.00
Sep-23-1908 $700,965.00 $100,000.00
Sep-01-1909 $710,552.00 $100,000.00
Sep-01-1910 $768,336.00 $100,000.00
Sep-01-1911 $887,162.00 $100,000.00
Sep-04-1912 $989,450.00 $100,000.00
Aug-09-1913 $1,090,426.00 $100,000.00
Sep-12-1914 $1,203,670.00 $149,300.00
Sep-02-1915 $1,235,312.00 $150,000.00
Sep-12-1916 $1,497,291.00 $150,000.00
Sep-11-1917 $1,758,946.00 $150,000.00
Aug-31-1918 $2,119,167.00 $148,600.00
Sep-12-1919 $2,356,606.00 $150,000.00
Sep-12-1920 $2,234,579.00 $146,100.00
Sep-06-1921 $2,102,072.00 $149,200.00
Sep-15-1922 $3,433,943.00 $150,000.00
Sep-14-1923 $3,558,372.00 $150,000.00
Oct-10-1924 $3,663,296.00 $250,000.00
Sep-28-1925 $4,171,407.00 $245,800.00
Dec-31-1926 $3,782,186.00 $25,000.00
Oct-10-1927 $3,997,048.00 $25,000.00
Dec-31-1928 $4,398,614.00 $25,000.00

 

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