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Bank Info for NB Charter 6704 (1903 - 1925)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Farmers and Merchants National Bank of
Cannon Falls, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1903-1910 Edward Mattson Thomas Lincoln Beiseker
1911-1915 H. P. Hanson Thomas Lincoln Beiseker
1916-1917 Bernard Johan Schwoeffermann Thomas Lincoln Beiseker
1918-1919 H. P. Hanson Thomas Lincoln Beiseker
1919-1921 M. E. Holmes Thomas Lincoln Beiseker
1922-1924 M. E. Holmes Martin N. Gergen
1924-1925 M. E. Holmes Jacob Gergen
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 - 500
1902 Date Back 3x10-20 1 - 400
1902 Plain Back 3x10-20 401 - 807
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Feb 14, 1903
  • Chartered Mar 31, 1903
  • Succeeded Farmers & Merchants Bank
  • Receivership Dec 17, 1925
  • Notation on Organization Report:
  • Succeeds Farmers & Merchants Bank of Cannon Falls
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Farmers and Merchants Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1903) $80,111
High Bal (1920) $655,652
Circulation Summary
Low Bal (1909) $9,500
High Bal (1903) $10,000
Total Out (1925) $10,000
# Large Notes 5,228
# Small Notes 0
# Total Notes 5,228
$ Large Size $65,350
$ Small Size $0
$ Total Issued $65,350
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-09-1903 $80,110.99 $10,000.00
Sep-06-1904 $136,979.23 $10,000.00
Aug-25-1905 $181,032.00 $10,000.00
Sep-04-1906 $206,285.00 $10,000.00
Aug-22-1907 $234,630.00 $10,000.00
Sep-23-1908 $255,485.00 $10,000.00
Sep-01-1909 $271,827.00 $9,500.00
Sep-01-1910 $339,396.00 $10,000.00
Sep-01-1911 $296,750.00 $10,000.00
Sep-04-1912 $379,814.00 $10,000.00
Aug-09-1913 $366,541.00 $10,000.00
Sep-12-1914 $404,962.00 $10,000.00
Sep-02-1915 $434,193.00 $10,000.00
Sep-12-1916 $406,373.00 $10,000.00
Sep-11-1917 $424,809.00 $10,000.00
Aug-31-1918 $465,424.00 $10,000.00
Sep-12-1919 $562,850.00 $10,000.00
Sep-12-1920 $655,652.00 $9,700.00
Sep-06-1921 $538,373.00 $10,000.00
Sep-15-1922 $494,542.00 $10,000.00
Sep-14-1923 $501,500.00 $10,000.00
Oct-10-1924 $440,576.00 $10,000.00
Sep-28-1925 $417,774.00 $10,000.00

 

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