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Bank Info for NB Charter 6584 (1903 - 1930)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Cottonwood, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1903-1911 Charles Catlin Joseph H. Catlin
1912-1923 Lauritz T. Reishus Joseph H. Catlin
1924-1929 Lauritz T. Reishus Charles Catlin
1929-1929 R. J. Gibb Lauritz T. Reishus
Other Known Bank Note Signers
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Red Seal 3x10-20 1 - 1390
1902 Date Back 3x10-20 1 - 1660
1902 Plain Back 3x10-20 1661 - 4284
1929 Type 1 6x10 1 - 183
1929 Type 1 6x20 1 - 25
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Oct 7, 1902
  • Chartered Jan 16, 1903
  • Succeeded Security State Bank
  • Liquidated Jun 9, 1930
  • Absorbed by Cottonwood State Bank
  • Notation on Organization Report:
  • Conversion State Bank of Cottonwood
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Security State Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1903) $192,042
High Bal (1925) $643,994
Circulation Summary
Low Bal (1919) $24,100
High Bal (1903) $25,000
Total Out (1929) $25,000
# Large Notes 22,696
# Small Notes 1,248
# Total Notes 23,944
$ Large Size $283,700
$ Small Size $13,980
$ Total Issued $297,680
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-09-1903 $192,041.77 $25,000.00
Sep-06-1904 $218,113.16 $25,000.00
Aug-25-1905 $243,686.00 $25,000.00
Sep-04-1906 $262,706.00 $25,000.00
Aug-22-1907 $260,324.00 $25,000.00
Sep-23-1908 $267,300.00 $25,000.00
Sep-01-1909 $281,354.00 $25,000.00
Sep-01-1910 $313,359.00 $25,000.00
Sep-01-1911 $328,493.00 $25,000.00
Sep-04-1912 $330,079.00 $25,000.00
Aug-09-1913 $334,502.00 $25,000.00
Sep-12-1914 $370,677.00 $25,000.00
Sep-02-1915 $391,079.00 $25,000.00
Sep-12-1916 $445,065.00 $24,600.00
Sep-11-1917 $547,487.00 $25,000.00
Aug-31-1918 $563,494.00 $25,000.00
Sep-12-1919 $630,224.00 $24,100.00
Sep-12-1920 $622,287.00 $24,700.00
Sep-06-1921 $544,700.00 $24,300.00
Sep-15-1922 $591,457.00 $25,000.00
Sep-14-1923 $583,266.00 $25,000.00
Oct-10-1924 $633,570.00 $25,000.00
Sep-28-1925 $643,994.00 $25,000.00
Dec-31-1926 $547,502.00 $24,700.00
Oct-10-1927 $487,869.00 $25,000.00
Dec-31-1928 $437,757.00 $24,650.00
Dec-31-1929 $388,438.00 $25,000.00

 

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