Lookup  U.S. National Bank Lookup (1863-1935)
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Bank Info for NB Charter 7250 (1904 - 1935)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Salem, WV
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1904-1912 Oscar C. Wilt Genius Payne
1913-1919 L. C. Reeder Genius Payne
1920-1923 Fred Harrison Diddle Genius Payne
1924-1932 Fred Harrison Diddle F. D. Powell
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 - 3350
1902 Date Back 4x5 1 - 4650
1902 Date Back 3x10-20 1 - 3600
1902 Plain Back 4x5 4651 - 16179
1902 Plain Back 3x10-20 3601 - 10662
1929 Type 1 6x5 1 - 2252
1929 Type 1 6x10 1 - 1274
1929 Type 1 6x20 1 - 336
1929 Type 2 5 1 - 1114
1929 Type 2 10 1 - 382
1929 Type 2 20 1 - 75
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Apr 18, 1904
  • Chartered May 10, 1904
  • Opened for business May 23, 1904
  • Conservatorship May 8, 1933
  • Liquidated Apr 3, 1935
  • Succeeded by 14136 (First National Bank (No Issue), Salem, WV)
  • Notation on Organization Report:
  • Conversion of The Salem Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1904) $441,981
High Bal (1920) $1,101,082
Circulation Summary
Low Bal (1904) $28,970
High Bal (1907) $60,000
Total Out (1932) $60,000
# Large Notes 120,764
# Small Notes 24,743
# Total Notes 145,507
$ Large Size $1,024,180
$ Small Size $195,210
$ Total Issued $1,219,390
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-06-1904 $441,981.44 $28,970.00
Aug-25-1905 $458,025.00 $58,200.00
Sep-04-1906 $480,613.00 $58,600.00
Aug-22-1907 $505,347.00 $60,000.00
Sep-23-1908 $531,397.00 $59,680.00
Sep-01-1909 $507,425.00 $60,000.00
Sep-01-1910 $572,510.00 $60,000.00
Sep-01-1911 $595,356.00 $58,365.00
Sep-04-1912 $647,859.00 $60,000.00
Aug-09-1913 $745,721.00 $60,000.00
Sep-12-1914 $798,564.00 $59,290.00
Sep-02-1915 $751,235.00 $59,990.00
Sep-12-1916 $819,640.00 $59,960.00
Sep-11-1917 $1,042,232.00 $60,000.00
Aug-31-1918 $997,719.00 $59,920.00
Sep-12-1919 $1,075,190.00 $60,000.00
Sep-12-1920 $1,101,082.00 $58,800.00
Sep-06-1921 $1,007,575.00 $59,000.00
Sep-15-1922 $938,986.00 $60,000.00
Sep-14-1923 $953,475.00 $59,000.00
Oct-10-1924 $911,818.00 $60,000.00
Sep-28-1925 $924,602.00 $60,000.00
Dec-31-1926 $875,787.00 $59,000.00
Oct-10-1927 $889,149.00 $60,000.00
Dec-31-1928 $819,690.00 $60,000.00
Dec-31-1929 $792,451.00 $60,000.00
Dec-31-1930 $1,028,613.00 $60,000.00
Dec-31-1931 $840,738.00 $60,000.00
Dec-31-1932 $730,639.00 $60,000.00

 

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