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Bank Info for NB Charter 6631 (1903 - 1990)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Alden, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1903-1910 Ralph Oliver Olson, (Sr.) Wm. H. Walker
1911-1919 Ove Nordahl Hoel Wm. H. Walker
1920-1921 Otto Baldwin Penning Ove Nordahl Hoel
1922-1928 Otto Baldwin Penning Roy Thomas Amel
1929-1934 James Frank Greeley Roy Thomas Amel
1935-1935 James Frank Greeley B. M. Hall
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 - 1540
1902 Date Back 3x10-20 1 - 2450
1902 Plain Back 3x10-20 2451 - 5370
1929 Type 1 6x10 1 - 622
1929 Type 1 6x20 1 - 210
1929 Type 2 10 1 - 31
1929 Type 2 20 1 - 15
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 13, 1903
  • Chartered Feb 17, 1903
  • Opened for business Feb 24, 1903
  • Succeeded State Bank of Alden
  • Conservatorship Mar 24, 1933
  • Licensed Jun 3, 1933
  • Bank was Open past 1935
  • For Bank History after 1935 see:
  • FDIC Bank History website
  • Merged into Americana Bank in Edina, MN Sep 1, 1990
  • Notation on Organization Report:
  • Conversion "State Bank of Alden"
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded State Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1903) $189,587
High Bal (1920) $903,168
Circulation Summary
Low Bal (1916) $29,500
High Bal (1903) $30,000
Total Out (1934) $30,000
# Large Notes 27,640
# Small Notes 5,038
# Total Notes 32,678
$ Large Size $345,500
$ Small Size $63,130
$ Total Issued $408,630
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-09-1903 $189,587.36 $30,000.00
Sep-06-1904 $204,596.38 $30,000.00
Aug-25-1905 $224,621.00 $30,000.00
Sep-04-1906 $240,455.00 $30,000.00
Aug-22-1907 $270,283.00 $30,000.00
Sep-23-1908 $284,520.00 $30,000.00
Sep-01-1909 $328,504.00 $30,000.00
Sep-01-1910 $354,912.00 $30,000.00
Sep-01-1911 $391,076.00 $30,000.00
Sep-04-1912 $404,981.00 $30,000.00
Aug-09-1913 $406,069.00 $30,000.00
Sep-12-1914 $481,896.00 $30,000.00
Sep-02-1915 $522,769.00 $30,000.00
Sep-12-1916 $530,570.00 $29,500.00
Sep-11-1917 $602,954.00 $30,000.00
Aug-31-1918 $688,855.00 $30,000.00
Sep-12-1919 $887,667.00 $30,000.00
Sep-12-1920 $903,168.00 $29,600.00
Sep-06-1921 $719,673.00 $29,700.00
Sep-15-1922 $670,404.00 $30,000.00
Sep-14-1923 $806,521.00 $30,000.00
Oct-10-1924 $670,126.00 $29,600.00
Sep-28-1925 $617,005.00 $29,700.00
Dec-31-1926 $553,892.00 $29,700.00
Oct-10-1927 $545,923.00 $30,000.00
Dec-31-1928 $469,406.00 $30,000.00
Dec-31-1929 $443,771.00 $30,000.00
Dec-31-1930 $442,392.00 $30,000.00
Dec-31-1931 $427,505.00 $30,000.00
Dec-31-1932 $357,709.00 $30,000.00
Dec-30-1933 $273,310.00 $30,000.00
Dec-31-1934 $318,664.00 $30,000.00
Dec-31-1935 $321,895.00 $0.00

 

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