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Bank Info for NB Charter 7332 (1904 - 1931)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Willow City, ND
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1904-1907 George Sunberg Julius Rosholt
1908-1908 A. Svensrud George Sunberg
1909-1914 Jacob S. Odland George Sunberg
1915-1915 Geo. B. Werdel Jacob S. Odland
1916-1916 F. C. Grimes Jacob S. Odland
1917-1917 * none * Jacob S. Odland
1918-1918 W. E. Kipple Jacob S. Odland
1919-1919 C. W. Wilkins Jacob S. Odland
1920-1924 T. S. Harkison Jacob S. Odland
1925-1930 T. S. Harkison H. Syvertson
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 - 500
1902 Date Back 3x10-20 1 - 840
1902 Plain Back 3x10-20 841 - 3308
1929 Type 1 6x10 1 - 305
1929 Type 1 6x20 1 - 60
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized May 31, 1904
  • Chartered Jul 8, 1904
  • Absorbed 6475 Nov 20, 1929 (First National Bank, Omemee, ND)
  • Receivership Jun 27, 1931
  • Notation on Organization Report:
  • Succeeds Farmers and Merchants Bank of Willow City
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1904) $121,529
High Bal (1920) $337,540
Circulation Summary
Low Bal (1916) $9,600
High Bal (1922) $25,000
Total Out (1930) $25,000
# Large Notes 15,232
# Small Notes 2,190
# Total Notes 17,422
$ Large Size $190,400
$ Small Size $25,500
$ Total Issued $215,900
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-06-1904 $121,528.84 $10,000.00
Aug-25-1905 $181,115.00 $10,000.00
Sep-04-1906 $204,848.00 $10,000.00
Aug-22-1907 $228,068.00 $10,000.00
Sep-23-1908 $208,048.00 $10,000.00
Sep-01-1909 $229,206.00 $10,000.00
Sep-01-1910 $240,895.00 $10,000.00
Sep-01-1911 $184,043.00 $10,000.00
Sep-04-1912 $186,274.00 $10,000.00
Aug-09-1913 $200,064.00 $10,000.00
Sep-12-1914 $207,621.00 $10,000.00
Sep-02-1915 $197,090.00 $10,000.00
Sep-12-1916 $243,952.00 $9,600.00
Sep-11-1917 $249,177.00 $10,000.00
Aug-31-1918 $296,689.00 $10,000.00
Sep-12-1919 $309,662.00 $21,000.00
Sep-12-1920 $337,540.00 $24,600.00
Sep-06-1921 $275,738.00 $24,200.00
Sep-15-1922 $333,742.00 $25,000.00
Sep-14-1923 $296,349.00 $25,000.00
Oct-10-1924 $223,267.00 $25,000.00
Sep-28-1925 $254,258.00 $25,000.00
Dec-31-1926 $179,497.00 $25,000.00
Oct-10-1927 $240,800.00 $25,000.00
Dec-31-1928 $179,105.00 $25,000.00
Dec-31-1929 $211,183.00 $25,000.00
Dec-31-1930 $163,527.00 $25,000.00

 

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