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Bank Info for NB Charter 5892 (1901 - 1910)

Smithsonian Institution (NBN Proof Collection)

No surviving notes are currently known for this bank. Partial sheet proof.
Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Ruthton, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1901-1903 Severt Benjamin Duea Milo Jayne Evans
1903-1904 Matt J. Calderwood Cary W. Diehl
1904-1910 Severt Benjamin Duea Edward Walter Davies
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 - 400
1882 Date Back 3x10-20 1 - 200
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jun 11, 1901
  • Chartered Jul 2, 1901
  • Succeeded Bank of Ruthton
  • Liquidated Mar 12, 1910
  • Absorbed by Ruthton State Bank
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Bank of Ruthton
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1905) $79,474
High Bal (1908) $105,650
Circulation Summary
Low Bal (1901) $6,250
High Bal (1909) $12,500
Total Out (1909) $12,500
# Large Notes 2,400
# Small Notes 0
# Total Notes 2,400
$ Large Size $30,000
$ Small Size $0
$ Total Issued $30,000
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-30-1901 $96,585.48 $6,250.00
Sep-15-1902 $95,560.11 $6,250.00
Sep-09-1903 $99,801.01 $6,250.00
Sep-06-1904 $82,024.71 $6,250.00
Aug-25-1905 $79,474.00 $6,250.00
Sep-04-1906 $85,816.00 $6,250.00
Aug-22-1907 $98,809.00 $6,250.00
Sep-23-1908 $105,650.00 $6,250.00
Sep-01-1909 $104,635.00 $12,500.00

 

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