Lookup  U.S. National Bank Lookup (1863-1935)
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Bank Info for NB Charter 7588 (1905 - 1936+)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Salem National Bank
Salem, NY
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1905-1913 Charles A. Beattie Mark L. Sheldon
1914-1934 Charles B. McKee Mark L. Sheldon
1935-1935 Charles B. McKee Charles A. Beattie
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 4x5 1 - 1250
1902 Red Seal 3x10-20 1 - 1110
1902 Date Back 4x5 1 - 3000
1902 Date Back 3x10-20 1 - 2240
1902 Plain Back 4x5 3001 - 4640
1902 Plain Back 3x10-20 2241 - 3141
1929 Type 1 6x5 1 - 416
1929 Type 1 6x10 1 - 204
1929 Type 1 6x20 1 - 72
1929 Type 2 5 1 - 110
1929 Type 2 10 1 - 132
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 25, 1905
  • Chartered Feb 1, 1905
  • Opened for business Feb 14, 1905
  • Succeeded 3309 (First National Bank, Salem, NY)
  • Bank was Open past 1935
  • Notation on Organization Report:
  • To succeed The First National Bank of Salem.
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1905) $319,332
High Bal (1928) $1,456,819
Circulation Summary
Low Bal (1925) $9,600
High Bal (1906) $40,000
Total Out (1934) $10,000
# Large Notes 40,564
# Small Notes 4,394
# Total Notes 44,958
$ Large Size $330,350
$ Small Size $35,230
$ Total Issued $365,580
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Aug-25-1905 $319,332.00 $20,000.00
Sep-04-1906 $365,947.00 $40,000.00
Aug-22-1907 $416,428.00 $20,000.00
Sep-23-1908 $497,907.00 $33,450.00
Sep-01-1909 $571,125.00 $40,000.00
Sep-01-1910 $553,285.00 $39,500.00
Sep-01-1911 $574,756.00 $40,000.00
Sep-04-1912 $622,106.00 $40,000.00
Aug-09-1913 $640,527.00 $10,000.00
Sep-12-1914 $633,847.00 $10,000.00
Sep-02-1915 $613,464.00 $10,000.00
Sep-12-1916 $662,842.00 $10,000.00
Sep-11-1917 $700,446.00 $10,000.00
Aug-31-1918 $708,585.00 $10,000.00
Sep-12-1919 $756,271.00 $10,000.00
Sep-12-1920 $855,285.00 $10,000.00
Sep-06-1921 $927,004.00 $10,000.00
Sep-15-1922 $994,171.00 $10,000.00
Sep-14-1923 $1,128,893.00 $10,000.00
Oct-10-1924 $1,145,687.00 $10,000.00
Sep-28-1925 $1,219,120.00 $9,600.00
Dec-31-1926 $1,293,979.00 $9,600.00
Oct-10-1927 $1,335,560.00 $10,000.00
Dec-31-1928 $1,456,819.00 $9,990.00
Dec-31-1929 $1,396,084.00 $10,000.00
Dec-31-1930 $1,403,352.00 $10,000.00
Dec-31-1931 $1,359,852.00 $10,000.00
Dec-31-1932 $1,253,614.00 $10,000.00
Dec-30-1933 $1,258,481.00 $10,000.00
Dec-31-1934 $1,249,273.00 $10,000.00
Dec-31-1935 $1,198,301.00 $0.00

 

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