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Bank Info for NB Charter 8416 (1906 - 1929)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 First National Bank of
Granite Falls, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1906-1921 Ole H. Sorlien D. Archer McLarty
1922-1928 Paul Gerhard Sheimo D. Archer McLarty
1928-1928 Paul Gerhard Sheimo * none *
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 4x10 1 - 900
1902 Date Back 4x10 1 - 2150
1902 Plain Back 4x10 2151 - 5853
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Aug 21, 1906
  • Chartered Oct 27, 1906
  • Opened for business Oct 29, 1906
  • Liquidated Mar 4, 1929
  • Absorbed by Granite Falls Bank, Granite Falls
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1908) $328,521
High Bal (1919) $955,098
Circulation Summary
Low Bal (1910) $24,200
High Bal (1907) $25,000
Total Out (1928) $25,000
# Large Notes 27,012
# Small Notes 0
# Total Notes 27,012
$ Large Size $270,120
$ Small Size $0
$ Total Issued $270,120
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Aug-22-1907 $329,389.00 $25,000.00
Sep-23-1908 $328,521.00 $25,000.00
Sep-01-1909 $355,796.00 $25,000.00
Sep-01-1910 $415,790.00 $24,200.00
Sep-01-1911 $451,194.00 $25,000.00
Sep-04-1912 $485,805.00 $25,000.00
Aug-09-1913 $511,628.00 $25,000.00
Sep-12-1914 $507,762.00 $25,000.00
Sep-02-1915 $519,189.00 $24,980.00
Sep-12-1916 $526,744.00 $25,000.00
Sep-11-1917 $563,278.00 $25,000.00
Aug-31-1918 $673,444.00 $25,000.00
Sep-12-1919 $955,098.00 $25,000.00
Sep-12-1920 $906,216.00 $24,600.00
Sep-06-1921 $654,324.00 $24,800.00
Sep-15-1922 $518,937.00 $25,000.00
Sep-14-1923 $511,861.00 $25,000.00
Oct-10-1924 $600,774.00 $24,800.00
Sep-28-1925 $603,258.00 $25,000.00
Dec-31-1926 $511,732.00 $25,000.00
Oct-10-1927 $481,978.00 $25,000.00
Dec-31-1928 $445,846.00 $25,000.00

 

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