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Bank Info for NB Charter 6227 (1902 - 1934)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Port Clinton, OH
2 The First National-Magruder Bank of (1/2/1924)
Port Clinton, OH
3 National Bank of (6/8/1927)
Port Clinton, OH
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1902-1903 * none * Wm. Kelly
1904-1915 Frank Holt Wm. Kelly
1916-1923 Frank Holt Herman B. Bredbeck
1924-1925 Frank Holt S. A. Magruder
1927-1929 W. E. Irwin Charles Henry Graves
1930-1932 E. D. Willson Charles Henry Graves
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: 1902 Red Seal 3x10-20 1 - 1190
1: 1902 Date Back 3x10-20 1 - 1370
1: 1902 Plain Back 3x10-20 1371 - 2289 Plate dated 1902
1: 1902 Plain Back 3x10-20 1 - 580 Plate dated 1922
2: 1902 Plain Back 3x10-20 1 - 875
3: 1902 Plain Back 4x5 1 - 1429
3: 1929 Type 1 6x5 1 - 7621
3: 1929 Type 1 6x20 1 - 581
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 25, 1902
  • Chartered Apr 24, 1902
  • Opened for business May 12, 1902
  • 1: Assumed 12365 by consolidation Jan 2, 1924 with title change (Magruder NB (No Issue), Port Clinton, OH)
  • 3: Conservatorship Mar 14, 1933
  • 3: Liquidated Sep 12, 1934
  • 3: Succeeded by 13989 (Port Clinton NB (No Issue), Port Clinton, OH)
  • 3: Circulation assumed by 13989 (Port Clinton NB (No Issue), Port Clinton, OH)
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1902) $89,965
High Bal (1925) $1,891,843
Circulation Summary
Low Bal (1902) $10,000
High Bal (1930) $100,000
Total Out (1932) $100,000
# Large Notes 25,452
# Small Notes 49,212
# Total Notes 74,664
$ Large Size $275,280
$ Small Size $298,350
$ Total Issued $573,630
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-15-1902 $89,965.20 $10,000.00
Sep-09-1903 $158,048.58 $20,000.00
Sep-06-1904 $184,554.20 $20,000.00
Aug-25-1905 $364,328.00 $20,000.00
Sep-04-1906 $417,347.00 $20,000.00
Aug-22-1907 $523,313.00 $20,000.00
Sep-23-1908 $389,138.00 $20,000.00
Sep-01-1909 $391,336.00 $20,000.00
Sep-01-1910 $413,977.00 $20,000.00
Sep-01-1911 $549,145.00 $20,000.00
Sep-04-1912 $576,544.00 $20,000.00
Aug-09-1913 $675,271.00 $20,000.00
Sep-12-1914 $572,164.00 $20,000.00
Sep-02-1915 $554,203.00 $20,000.00
Sep-12-1916 $631,819.00 $20,000.00
Sep-11-1917 $726,310.00 $20,000.00
Aug-31-1918 $851,298.00 $20,000.00
Sep-12-1919 $925,050.00 $20,000.00
Sep-12-1920 $701,172.00 $20,000.00
Sep-06-1921 $788,106.00 $20,000.00
Sep-15-1922 $799,719.00 $19,500.00
Sep-14-1923 $858,388.00 $17,100.00
Oct-10-1924 $1,632,741.00 $18,100.00
Sep-28-1925 $1,891,843.00 $19,400.00
Oct-10-1927 $1,559,681.00 $20,000.00
Dec-31-1928 $1,620,630.00 $20,000.00
Dec-31-1929 $1,584,139.00 $20,000.00
Dec-31-1930 $1,428,807.00 $100,000.00
Dec-31-1931 $1,321,572.00 $100,000.00
Dec-31-1932 $1,283,023.00 $100,000.00

 

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