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Bank Info for NB Charter 6154 (1902 - 1926)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Benson, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1902-1905 F. C. Thornton Frank M. Thornton
1906-1910 F. C. Thornton Luther Richard Aldrich
1911-1925 Herman A. Danelz F. C. Thornton
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
1902 Red Seal 4x5 1 - 1215
1902 Red Seal 3x10-20 1 - 934
1902 Date Back 4x5 1 - 1450
1902 Date Back 3x10-20 1 - 1080
1902 Plain Back 4x5 1451 - 2840 Plate dated 1902
1902 Plain Back 3x10-20 1081 - 1936 Plate dated 1902
1902 Plain Back 3x50-100 1 - 126 Plate dated 1922
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Feb 24, 1902
  • Chartered Mar 10, 1902
  • Succeeded Bank of Benson
  • Receivership Jul 6, 1926
  • Notation on Organization Report:
  • Conversion of Bank of Benson
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Bank of Benson
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1909) $201,122
High Bal (1924) $483,428
Circulation Summary
Low Bal (1902) $15,000
High Bal (1904) $25,000
Total Out (1924) $25,000
# Large Notes 28,204
# Small Notes 0
# Total Notes 28,204
$ Large Size $256,100
$ Small Size $0
$ Total Issued $256,100
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-15-1902 $207,765.45 $15,000.00
Sep-09-1903 $225,045.80 $15,000.00
Sep-06-1904 $257,934.61 $25,000.00
Aug-25-1905 $215,597.00 $22,500.00
Sep-04-1906 $237,819.00 $24,000.00
Aug-22-1907 $253,634.00 $23,900.00
Sep-23-1908 $248,728.00 $24,700.00
Sep-01-1909 $201,122.00 $24,200.00
Sep-01-1910 $225,740.00 $24,900.00
Sep-01-1911 $220,096.00 $24,900.00
Sep-04-1912 $204,497.00 $25,000.00
Aug-09-1913 $213,323.00 $24,100.00
Sep-12-1914 $225,974.00 $24,600.00
Sep-02-1915 $217,827.00 $24,500.00
Sep-12-1916 $247,189.00 $25,000.00
Sep-11-1917 $275,332.00 $25,000.00
Aug-31-1918 $313,083.00 $25,000.00
Sep-12-1919 $368,000.00 $25,000.00
Sep-12-1920 $458,758.00 $24,700.00
Sep-06-1921 $368,681.00 $25,000.00
Sep-15-1922 $431,652.00 $25,000.00
Sep-14-1923 $459,115.00 $24,500.00
Oct-10-1924 $483,428.00 $25,000.00
Sep-28-1925 $438,321.00 $0.00

 

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