- Organized Mar 31, 1902
- Chartered Apr 15, 1902
- Opened for business May 5, 1902
- Succeeded Merchants State Bank
- Liquidated Jul 24, 1928
- Absorbed by 7080 (Peoples National Bank, Long Prairie, MN)
- Notation on Organization Report:
- Succeeds Merchants State Bank
- Bankers Magazine Succession Info (1863-1909):
- Succeeded Merchants State Bank
|
| Circulation Summary |
| Low Bal (1904) |
$6,200 |
| High Bal (1918) |
$25,000 |
| Total Out (1926) |
$24,500 |
|
|
| # Large Notes |
14,636 |
| # Small Notes |
0 |
| # Total Notes |
14,636 |
|
|
| $ Large Size |
$182,950 |
| $ Small Size |
$0 |
| $ Total Issued |
$182,950 |
|
| Report Date |
Total Resources |
Circulation |
| Sep-15-1902 |
$81,078.71 |
$6,500.00 |
| Sep-09-1903 |
$88,505.72 |
$6,500.00 |
| Sep-06-1904 |
$93,052.61 |
$6,200.00 |
| Aug-25-1905 |
$103,943.00 |
$6,200.00 |
| Sep-04-1906 |
$119,954.00 |
$6,500.00 |
| Aug-22-1907 |
$119,538.00 |
$6,500.00 |
| Sep-23-1908 |
$130,131.00 |
$6,500.00 |
| Sep-01-1909 |
$137,031.00 |
$10,000.00 |
| Sep-01-1910 |
$151,994.00 |
$10,000.00 |
| Sep-01-1911 |
$146,859.00 |
$9,500.00 |
| Sep-04-1912 |
$140,812.00 |
$9,500.00 |
| Aug-09-1913 |
$144,806.00 |
$10,000.00 |
| Sep-12-1914 |
$169,888.00 |
$10,000.00 |
| Sep-02-1915 |
$178,440.00 |
$10,000.00 |
| Sep-12-1916 |
$207,585.00 |
$24,600.00 |
| Sep-11-1917 |
$271,812.00 |
$24,600.00 |
| Aug-31-1918 |
$283,974.00 |
$25,000.00 |
| Sep-12-1919 |
$333,310.00 |
$25,000.00 |
| Sep-12-1920 |
$453,574.00 |
$24,700.00 |
| Sep-06-1921 |
$393,014.00 |
$24,200.00 |
| Sep-15-1922 |
$408,232.00 |
$25,000.00 |
| Sep-14-1923 |
$435,411.00 |
$24,600.00 |
| Oct-10-1924 |
$418,519.00 |
$24,400.00 |
| Sep-28-1925 |
$409,207.00 |
$24,600.00 |
| Dec-31-1926 |
$329,229.00 |
$24,500.00 |
|