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Bank Info for NB Charter 6588 (1903 - 1933)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Garrett National Bank of
Oakland, MD
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1903-1916 Scott Thomas Jones Daniel Edwin Offutt, (Sr.)
1916-1928 George Arthur Fraley Gilmor Semmes Hamill
1929-1932 George Arthur Fraley Daniel Edwin Offutt, Jr.
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 - 3240
1902 Red Seal 3x10-20 1 - 2474
1902 Date Back 4x5 1 - 4250
1902 Date Back 3x10-20 1 - 3080
1902 Plain Back 4x5 4251 - 19110
1902 Plain Back 3x10-20 3081 - 12939
1929 Type 1 6x5 1 - 4374
1929 Type 1 6x10 1 - 2286
1929 Type 1 6x20 1 - 535
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 15, 1903
  • Chartered Jan 22, 1903
  • Opened for business Jan 26, 1903
  • Succeeded Garrett County Bank
  • Conservatorship Mar 17, 1933
  • Receivership Dec 5, 1933
  • Notation on Organization Report:
  • Opened Jan 26, 1903, conversion Garrett Co. Bank of Oakland
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Garrett County Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1904) $491,002
High Bal (1924) $1,706,185
Circulation Summary
Low Bal (1921) $46,897
High Bal (1925) $99,998
Total Out (1932) $99,997
# Large Notes 151,052
# Small Notes 43,170
# Total Notes 194,222
$ Large Size $1,217,650
$ Small Size $332,580
$ Total Issued $1,550,230
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-09-1903 $529,774.58 $50,000.00
Sep-06-1904 $491,002.10 $50,000.00
Aug-25-1905 $547,507.00 $50,000.00
Sep-04-1906 $607,190.00 $49,400.00
Aug-22-1907 $628,196.00 $48,600.00
Sep-23-1908 $561,782.00 $48,500.00
Sep-01-1909 $607,789.00 $49,500.00
Sep-01-1910 $654,949.00 $49,000.00
Sep-01-1911 $666,523.00 $46,950.00
Sep-04-1912 $666,696.00 $49,100.00
Aug-09-1913 $699,619.00 $49,100.00
Sep-12-1914 $726,041.00 $49,000.00
Sep-02-1915 $703,959.00 $48,900.00
Sep-12-1916 $760,614.00 $49,095.00
Sep-11-1917 $925,967.00 $49,997.00
Aug-31-1918 $1,067,067.00 $48,797.00
Sep-12-1919 $1,219,521.00 $48,597.00
Sep-12-1920 $1,503,159.00 $48,898.00
Sep-06-1921 $1,465,379.00 $46,897.00
Sep-15-1922 $1,379,368.00 $50,000.00
Sep-14-1923 $1,470,475.00 $49,997.00
Oct-10-1924 $1,706,185.00 $99,997.00
Sep-28-1925 $1,459,233.00 $99,998.00
Dec-31-1926 $1,542,867.00 $99,997.00
Oct-10-1927 $1,540,760.00 $99,997.00
Dec-31-1928 $1,588,071.00 $99,997.00
Dec-31-1929 $1,518,160.00 $99,998.00
Dec-31-1930 $1,434,232.00 $99,997.00
Dec-31-1931 $1,231,260.00 $99,998.00
Dec-31-1932 $1,142,821.00 $99,997.00

 

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