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Bank Info for NB Charter 7221 (1904 - 1926)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Lamberton, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1904-1915 George J. Grimm Wilson C. Brown
1916-1917 George J. Grimm Frank Clague
1918-1919 H. M. England George J. Grimm
1920-1920 * none * George J. Grimm
1921-1921 W. M. Bollenbach George J. Grimm
1922-1925 W. M. Bollenbach Charles Chester
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 - 600
1902 Date Back 3x10-20 1 - 1660
1902 Plain Back 3x10-20 1661 - 3631
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Apr 2, 1904
  • Chartered Apr 21, 1904
  • Opened for business May 2, 1904
  • Liquidated Jun 8, 1926
  • Succeeded by 12844 (New First NB (No Issue), Lamberton, MN)
  • Receivership Jul 6 1927
  • Notation on Organization Report:
  • Conversion of The Citizens State Bank of Lamberton
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Citizens State Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1905) $143,417
High Bal (1920) $563,576
Circulation Summary
Low Bal (1904) $6,500
High Bal (1909) $25,000
Total Out (1925) $24,600
# Large Notes 16,924
# Small Notes 0
# Total Notes 16,924
$ Large Size $211,550
$ Small Size $0
$ Total Issued $211,550
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-06-1904 $147,528.49 $6,500.00
Aug-25-1905 $143,417.00 $6,500.00
Sep-04-1906 $148,814.00 $6,500.00
Aug-22-1907 $172,533.00 $6,500.00
Sep-23-1908 $180,118.00 $14,500.00
Sep-01-1909 $212,000.00 $25,000.00
Sep-01-1910 $265,657.00 $25,000.00
Sep-01-1911 $281,329.00 $25,000.00
Sep-04-1912 $273,428.00 $25,000.00
Aug-09-1913 $298,761.00 $25,000.00
Sep-12-1914 $330,770.00 $25,000.00
Sep-02-1915 $333,288.00 $25,000.00
Sep-12-1916 $367,600.00 $25,000.00
Sep-11-1917 $397,848.00 $24,600.00
Aug-31-1918 $444,963.00 $25,000.00
Sep-12-1919 $472,262.00 $25,000.00
Sep-12-1920 $563,576.00 $24,700.00
Sep-06-1921 $415,647.00 $25,000.00
Sep-15-1922 $464,413.00 $25,000.00
Sep-14-1923 $440,564.00 $25,000.00
Oct-10-1924 $448,492.00 $25,000.00
Sep-28-1925 $412,076.00 $24,600.00

 

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