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Bank Info for NB Charter 7002 (1903 - 1932)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Brownsville, TX
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1904-1910 J. G. Fernandez E. H. Goodrich
1911-1916 John Gregg J. G. Fernandez
1917-1918 * none * John Gregg
1919-1931 E. J. Tucker John Gregg
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 - 4875
1902 Date Back 3x10-20 1 - 10500
1902 Plain Back 3x10-20 10501 - 41906
1929 Type 1 6x10 1 - 4129
1929 Type 1 6x20 1 - 1146
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Oct 1, 1903
  • Chartered Oct 16, 1903
  • Absorbed 12792 Jan 12, 1932 and assumed its circulation (First National Bank in, Brownsville, TX)
  • Receivership Mar 28, 1932
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1904) $262,968
High Bal (1931) $5,011,083
Circulation Summary
Low Bal (1904) $23,500
High Bal (1931) $239,500
Total Out (1931) $239,500
# Large Notes 187,124
# Small Notes 31,650
# Total Notes 218,774
$ Large Size $2,339,050
$ Small Size $385,260
$ Total Issued $2,724,310
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-06-1904 $262,968.07 $23,500.00
Aug-25-1905 $413,105.00 $75,000.00
Sep-04-1906 $523,437.00 $100,000.00
Aug-22-1907 $844,180.00 $100,000.00
Sep-23-1908 $829,169.00 $100,000.00
Sep-01-1909 $901,336.00 $100,000.00
Sep-01-1910 $935,740.00 $100,000.00
Sep-01-1911 $982,709.00 $100,000.00
Sep-04-1912 $1,225,132.00 $98,400.00
Aug-09-1913 $1,793,793.00 $100,000.00
Sep-12-1914 $1,713,057.00 $198,900.00
Sep-02-1915 $1,829,586.00 $200,000.00
Sep-12-1916 $2,032,551.00 $200,000.00
Sep-11-1917 $2,013,745.00 $200,000.00
Aug-31-1918 $2,095,685.00 $196,200.00
Sep-12-1919 $2,958,566.00 $195,300.00
Sep-12-1920 $3,491,796.00 $193,400.00
Sep-06-1921 $2,378,534.00 $195,900.00
Sep-15-1922 $2,448,945.00 $200,000.00
Sep-14-1923 $2,748,302.00 $197,800.00
Oct-10-1924 $2,849,605.00 $197,100.00
Sep-28-1925 $3,331,272.00 $200,000.00
Dec-31-1926 $3,625,332.00 $200,000.00
Oct-10-1927 $4,982,481.00 $200,000.00
Dec-31-1928 $4,157,166.00 $197,450.00
Dec-31-1929 $4,212,475.00 $200,000.00
Dec-31-1930 $3,917,100.00 $200,000.00
Dec-31-1931 $5,011,083.00 $239,500.00

 

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