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Bank Info for NB Charter 6417 (1902 - open)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Sauk Centre, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1902-1902 * none * Henry Keller
1903-1907 A. W. Austin Henry Keller
1908-1908 A. W. Austin Dr. Julian Arthur DuBois
1909-1913 Albert Frederick Strebel Dr. Julian Arthur DuBois
1914-1921 Albert Frederick Strebel James Alexander Caughren
1922-1932 Albert Frederick Strebel David Byron Caughren
1933-1935 John Helmer Hansen David Byron Caughren
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 3x10-20 1 - 420
1902 Date Back 3x10-20 1 - 1260
1902 Plain Back 3x10-20 1261 - 4114
1929 Type 1 6x10 1 - 546
1929 Type 1 6x20 1 - 150
1929 Type 2 10 1 - 38
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized May 31, 1902
  • Chartered Sep 11, 1902
  • Absorbed 3155 Apr 28, 1930 (First National Bank, Sauk Centre, MN)
  • Bank was Open past 1935
  • For Bank History after 1935 see:
  • FDIC Bank History website
  • Changed name to Minnesota National Bank Mar 22, 2008
  • Still in business as Minnesota NB, Sauk Centre,MN (Dec 2022)
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1903) $94,427
High Bal (1929) $1,298,420
Circulation Summary
Low Bal (1905) $5,950
High Bal (1913) $25,000
Total Out (1934) $24,820
# Large Notes 18,136
# Small Notes 4,214
# Total Notes 22,350
$ Large Size $226,700
$ Small Size $51,140
$ Total Issued $277,840
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-09-1903 $94,426.56 $6,250.00
Sep-06-1904 $99,842.46 $6,250.00
Aug-25-1905 $106,093.00 $5,950.00
Sep-04-1906 $118,718.00 $5,950.00
Aug-22-1907 $118,728.00 $6,250.00
Sep-23-1908 $120,461.00 $5,950.00
Sep-01-1909 $130,253.00 $6,250.00
Sep-01-1910 $178,636.00 $6,250.00
Sep-01-1911 $172,370.00 $6,250.00
Sep-04-1912 $210,130.00 $6,250.00
Aug-09-1913 $238,404.00 $25,000.00
Sep-12-1914 $293,405.00 $24,400.00
Sep-02-1915 $316,200.00 $24,400.00
Sep-12-1916 $356,903.00 $21,400.00
Sep-11-1917 $380,544.00 $25,000.00
Aug-31-1918 $420,438.00 $25,000.00
Sep-12-1919 $624,614.00 $25,000.00
Sep-12-1920 $718,360.00 $24,300.00
Sep-06-1921 $656,513.00 $24,100.00
Sep-15-1922 $720,206.00 $25,000.00
Sep-14-1923 $736,448.00 $25,000.00
Oct-10-1924 $728,311.00 $25,000.00
Sep-28-1925 $893,791.00 $25,000.00
Dec-31-1926 $871,050.00 $24,700.00
Oct-10-1927 $802,981.00 $24,400.00
Dec-31-1928 $879,985.00 $25,000.00
Dec-31-1929 $1,298,420.00 $25,000.00
Dec-31-1930 $1,157,141.00 $25,000.00
Dec-31-1931 $1,052,128.00 $25,000.00
Dec-31-1932 $907,732.00 $24,700.00
Dec-30-1933 $863,819.00 $24,700.00
Dec-31-1934 $841,394.00 $24,820.00
Dec-31-1935 $877,746.00 $0.00

 

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