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Bank Info for NB Charter 7341 (1904 - 1926)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Browns Valley, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1904-1905 S. J. La Due Dr. Florado Houser Wellcome
1906-1906 S. J. La Due A. W. Mitton
1907-1907 S. J. La Due O. Gunderson
1908-1911 O. Gunderson Dr. Florado Houser Wellcome
1912-1916 H. J. Van Valkenburg Dr. Florado Houser Wellcome
1917-1919 Guido J. Albrecht Dr. Florado Houser Wellcome
1919-1920 D. L. Quinlan Dr. Florado Houser Wellcome
1921-1922 Edward Otis Peterson D. L. Quinlan
1922-1924 A. G. Preston D. L. Quinlan
1925-1926 H. P. Krautkremer D. L. Quinlan
Other Known Bank Note Signers
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Red Seal 3x10-20 1 - 360
1902 Date Back 3x10-20 1 - 580
1902 Plain Back 3x10-20 581 - 1684
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jul 2, 1904
  • Chartered Jul 19, 1904
  • Opened for business Aug 1, 1904
  • Liquidated Oct 14, 1926
  • Succeeded by Union State Bank of Browns Valley
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1904) $26,624
High Bal (1925) $412,891
Circulation Summary
Low Bal (1904) $500
High Bal (1924) $25,000
Total Out (1925) $25,000
# Large Notes 8,176
# Small Notes 0
# Total Notes 8,176
$ Large Size $102,200
$ Small Size $0
$ Total Issued $102,200
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-06-1904 $26,624.21 $500.00
Aug-25-1905 $88,628.00 $6,500.00
Sep-04-1906 $98,305.00 $6,500.00
Aug-22-1907 $122,254.00 $6,500.00
Sep-23-1908 $140,244.00 $6,500.00
Sep-01-1909 $145,348.00 $6,500.00
Sep-01-1910 $184,907.00 $6,500.00
Sep-01-1911 $158,855.00 $6,500.00
Sep-04-1912 $162,460.00 $6,500.00
Aug-09-1913 $195,233.00 $6,500.00
Sep-12-1914 $200,720.00 $6,500.00
Sep-02-1915 $218,090.00 $6,500.00
Sep-12-1916 $211,954.00 $6,500.00
Sep-11-1917 $273,499.00 $6,500.00
Aug-31-1918 $248,537.00 $6,500.00
Sep-12-1919 $335,335.00 $6,500.00
Sep-12-1920 $372,338.00 $6,500.00
Sep-06-1921 $311,211.00 $6,200.00
Sep-15-1922 $307,458.00 $6,500.00
Sep-14-1923 $299,793.00 $6,500.00
Oct-10-1924 $374,203.00 $25,000.00
Sep-28-1925 $412,891.00 $25,000.00

 

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