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Bank Info for NB Charter 7100 (1904 - 1927)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Madelia, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1904-1905 A. H. Benton Dr. Florado Houser Wellcome
1905-1906 C. T. Dahl Dr. Florado Houser Wellcome
1907-1920 C. T. Dahl C. S. Christensen, Sr.
1921-1925 Gladys Mary (Miller) Hillesheim C. T. Dahl
1926-1927 H. H. Lexvold C. T. Dahl
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 - 250
1902 Red Seal 3x10-20 1 - 214
1902 Date Back 4x5 1 - 1750
1902 Date Back 3x10-20 1 - 1340
1902 Plain Back 4x5 1751 - 4330
1902 Plain Back 3x10-20 1341 - 2822
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Nov 24, 1903
  • Chartered Jan 18, 1904
  • Liquidated Jul 15, 1927
  • Absorbed by State Bank of Madelia
  • Notation on Organization Report:
  • Succeeds The Watonwan County Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1904) $89,734
High Bal (1920) $504,775
Circulation Summary
Low Bal (1904) $6,500
High Bal (1909) $25,000
Total Out (1926) $24,300
# Large Notes 30,464
# Small Notes 0
# Total Notes 30,464
$ Large Size $243,400
$ Small Size $0
$ Total Issued $243,400
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-06-1904 $89,733.56 $6,500.00
Aug-25-1905 $99,280.00 $6,500.00
Sep-04-1906 $113,487.00 $6,500.00
Aug-22-1907 $110,671.00 $6,500.00
Sep-23-1908 $119,456.00 $6,500.00
Sep-01-1909 $142,179.00 $25,000.00
Sep-01-1910 $190,201.00 $24,997.00
Sep-01-1911 $214,102.00 $24,500.00
Sep-04-1912 $197,824.00 $25,000.00
Aug-09-1913 $255,659.00 $25,000.00
Sep-12-1914 $286,794.00 $25,000.00
Sep-02-1915 $321,732.00 $24,700.00
Sep-12-1916 $357,375.00 $25,000.00
Sep-11-1917 $364,116.00 $24,500.00
Aug-31-1918 $407,418.00 $25,000.00
Sep-12-1919 $429,863.00 $25,000.00
Sep-12-1920 $504,775.00 $24,300.00
Sep-06-1921 $333,912.00 $25,000.00
Sep-15-1922 $372,839.00 $25,000.00
Sep-14-1923 $408,630.00 $25,000.00
Oct-10-1924 $377,988.00 $25,000.00
Sep-28-1925 $333,265.00 $25,000.00
Dec-31-1926 $355,889.00 $24,300.00

 

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