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Bank Info for NB Charter 8050 (1906 - 1929)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Raymond, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1906-1908 F. O. Orth Hans Jorgen Dale
1909-1909 J. R. Orth Hans Jorgen Dale
1910-1918 Harry Nelson Ashley Brune E. Bruns
1919-1919 E. Bruns Brune E. Bruns
1920-1923 Christian B. Stoltenberg Jacob F. Millard
1924-1924 Henry Edward Fay Jacob F. Millard
1925-1928 George Wilhelm Kirkeby Jacob F. Millard
1928-1928 Christian B. Stoltenberg Jacob F. Millard
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 - 300
1902 Date Back 3x10-20 1 - 560
1902 Plain Back 3x10-20 561 - 1954
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Dec 23, 1905
  • Chartered Jan 15, 1906
  • Opened for business Jan 16, 1906
  • Liquidated Jan 14, 1929
  • Absorbed by Farmers State Bank of Raymond
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1908) $102,618
High Bal (1920) $321,838
Circulation Summary
Low Bal (1920) $5,900
High Bal (1927) $25,127
Total Out (1928) $25,000
# Large Notes 9,016
# Small Notes 0
# Total Notes 9,016
$ Large Size $112,700
$ Small Size $0
$ Total Issued $112,700
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-04-1906 $103,431.00 $6,500.00
Aug-22-1907 $104,120.00 $6,500.00
Sep-23-1908 $102,618.00 $6,500.00
Sep-01-1909 $117,173.00 $6,500.00
Sep-01-1910 $142,907.00 $6,500.00
Sep-01-1911 $175,960.00 $6,500.00
Sep-04-1912 $221,010.00 $6,500.00
Aug-09-1913 $192,929.00 $6,500.00
Sep-12-1914 $191,229.00 $6,500.00
Sep-02-1915 $187,229.00 $6,200.00
Sep-12-1916 $205,503.00 $6,500.00
Sep-11-1917 $220,452.00 $6,500.00
Aug-31-1918 $242,222.00 $6,500.00
Sep-12-1919 $316,038.00 $6,500.00
Sep-12-1920 $321,838.00 $5,900.00
Sep-06-1921 $222,814.00 $6,500.00
Sep-15-1922 $238,539.00 $6,500.00
Sep-14-1923 $257,196.00 $6,500.00
Oct-10-1924 $308,867.00 $25,000.00
Sep-28-1925 $313,470.00 $25,000.00
Dec-31-1926 $263,226.00 $25,000.00
Oct-10-1927 $240,317.00 $25,127.00
Dec-31-1928 $217,506.00 $25,000.00

 

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