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Bank Info for NB Charter 7571 (1905 - 1927)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Sallisaw, OK
2 First National Bank in (6/26/1920)
Sallisaw, OK
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1905-1905 Jno. C. Gardner W. H. McDonald
1906-1916 D. P. Delaney W. H. McDonald
1917-1921 J. E. McDonald W. H. McDonald
1922-1923 R. O. Weems W. H. McDonald
1924-1926 L. T. Newlon W. H. McDonald
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
1: 1902 Red Seal 3x10-20 1 - 532 Territory, Indian
1: 1902 Date Back 3x10-20 1 - 1460
1: 1902 Plain Back 3x10-20 1461 - 2940
2: 1902 Plain Back 4x10 1 - 7120
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 3, 1905
  • Chartered Jan 23, 1905
  • Opened for business Jan 24, 1905
  • 2: Receivership Oct 24, 1927
  • Notation on Organization Report:
  • Succeeds Bank of Sallisaw
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1905) $132,322
High Bal (1924) $824,903
Circulation Summary
Low Bal (1915) $12,200
High Bal (1920) $50,000
Total Out (1926) $48,800
# Large Notes 42,368
# Small Notes 0
# Total Notes 42,368
$ Large Size $458,400
$ Small Size $0
$ Total Issued $458,400
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Aug-25-1905 $132,322.00 $12,500.00
Sep-04-1906 $160,216.00 $12,500.00
Aug-22-1907 $174,403.00 $12,500.00
Sep-23-1908 $201,941.00 $12,500.00
Sep-01-1909 $183,085.00 $12,500.00
Sep-01-1910 $197,345.00 $12,500.00
Sep-01-1911 $247,281.00 $12,500.00
Sep-04-1912 $242,767.00 $12,500.00
Aug-09-1913 $255,842.00 $12,500.00
Sep-12-1914 $279,017.00 $12,500.00
Sep-02-1915 $285,015.00 $12,200.00
Sep-12-1916 $336,839.00 $12,500.00
Sep-11-1917 $376,979.00 $12,500.00
Aug-31-1918 $474,904.00 $12,500.00
Sep-12-1919 $615,468.00 $12,500.00
Sep-12-1920 $799,090.00 $50,000.00
Sep-06-1921 $663,000.00 $49,000.00
Sep-15-1922 $627,639.00 $50,000.00
Sep-14-1923 $631,997.00 $50,000.00
Oct-10-1924 $824,903.00 $50,000.00
Sep-28-1925 $715,904.00 $50,000.00
Dec-31-1926 $649,332.00 $48,800.00

 

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