Lookup  U.S. National Bank Lookup (1863-1935)
Sponsored by the Society of Paper Money Collectors (Join SPMC)

Bank Info for NB Charter 7582 (1905 - 1929)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Mt. Vernon, SD
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1905-1916 James M. Newell Fletcher Andrew McCornack
1917-1929 Raymond Everett Harris James M. Newell
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 - 364
1902 Date Back 3x10-20 1 - 1600
1902 Plain Back 3x10-20 1601 - 4347
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Dec 6, 1904
  • Chartered Jan 28, 1905
  • Opened for business Feb 1, 1905
  • Liquidated Feb 28, 1929
  • Succeeded by 13282 (First National Bank in (No Issue), Mount Vernon, SD)
  • Notation on Organization Report:
  • Succeeds Davison County Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1905) $181,980
High Bal (1920) $787,002
Circulation Summary
Low Bal (1905) $6,500
High Bal (1911) $25,000
Total Out (1928) $25,000
# Large Notes 18,844
# Small Notes 0
# Total Notes 18,844
$ Large Size $235,550
$ Small Size $0
$ Total Issued $235,550
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Aug-25-1905 $181,980.00 $6,500.00
Sep-04-1906 $222,947.00 $6,500.00
Aug-22-1907 $292,714.00 $6,500.00
Sep-23-1908 $237,364.00 $6,500.00
Sep-01-1909 $271,012.00 $6,500.00
Sep-01-1910 $316,922.00 $6,500.00
Sep-01-1911 $287,940.00 $25,000.00
Sep-04-1912 $305,313.00 $25,000.00
Aug-09-1913 $327,565.00 $25,000.00
Sep-12-1914 $311,297.00 $25,000.00
Sep-02-1915 $327,430.00 $25,000.00
Sep-12-1916 $409,563.00 $25,000.00
Sep-11-1917 $547,518.00 $25,000.00
Aug-31-1918 $625,841.00 $25,000.00
Sep-12-1919 $715,877.00 $25,000.00
Sep-12-1920 $787,002.00 $25,000.00
Sep-06-1921 $505,505.00 $25,000.00
Sep-15-1922 $632,231.00 $25,000.00
Sep-14-1923 $633,799.00 $25,000.00
Oct-10-1924 $641,223.00 $25,000.00
Sep-28-1925 $570,075.00 $25,000.00
Dec-31-1926 $443,323.00 $25,000.00
Oct-10-1927 $405,701.00 $25,000.00
Dec-31-1928 $371,035.00 $25,000.00

 

See National Bank Lookup website Overview for help. For additional bank & banker info including advanced Bank Officer Search, see the SPMC Bank Note History Project home page. For more information on the National Bank Notes issued by these banks, see Collecting U.S. National Bank Notes on SPMC's Collecting Paper Money website. Join SPMC!