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Bank Info for NB Charter 8598 (1907 - 1934)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Laurium, MI
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1907-1910 J. B. Paton Michl. E. O'Brien
1911-1927 J. B. Paton Wm. J. Reynolds
1928-1933 J. E. Smith J. B. Paton
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 - 1200
1902 Red Seal 4x10 1 - 1200
1902 Date Back 4x5 1 - 6650
1902 Date Back 4x10 1 - 6300
1902 Plain Back 4x5 6651 - 20168
1902 Plain Back 4x10 6301 - 16761
1929 Type 1 6x5 1 - 3486
1929 Type 1 6x10 1 - 1766
1929 Type 2 5 1 - 4752
1929 Type 2 10 1 - 1800
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Feb 4, 1907
  • Chartered Mar 18, 1907
  • Opened for business Apr 15, 1907
  • Liquidated Sep 5, 1934
  • Succeeded by 14249 (National Metals Bank, Hancock, MI)
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1907) $235,482
High Bal (1928) $2,198,916
Circulation Summary
Low Bal (1907) $25,000
High Bal (1910) $100,000
Total Out (1933) $100,000
# Large Notes 157,316
# Small Notes 38,064
# Total Notes 195,380
$ Large Size $1,145,800
$ Small Size $252,300
$ Total Issued $1,398,100
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Aug-22-1907 $235,482.00 $25,000.00
Sep-23-1908 $388,331.00 $50,000.00
Sep-01-1909 $420,145.00 $75,000.00
Sep-01-1910 $502,632.00 $100,000.00
Sep-01-1911 $475,481.00 $100,000.00
Sep-04-1912 $520,127.00 $100,000.00
Aug-09-1913 $603,585.00 $100,000.00
Sep-12-1914 $649,924.00 $100,000.00
Sep-02-1915 $731,535.00 $100,000.00
Sep-12-1916 $982,071.00 $100,000.00
Sep-11-1917 $1,120,998.00 $97,600.00
Aug-31-1918 $1,206,861.00 $100,000.00
Sep-12-1919 $1,238,509.00 $100,000.00
Sep-12-1920 $1,317,027.00 $98,600.00
Sep-06-1921 $1,241,408.00 $100,000.00
Sep-15-1922 $1,225,083.00 $99,000.00
Sep-14-1923 $1,306,969.00 $100,000.00
Oct-10-1924 $1,433,382.00 $98,000.00
Sep-28-1925 $1,516,233.00 $100,000.00
Dec-31-1926 $1,577,587.00 $98,600.00
Oct-10-1927 $1,783,493.00 $100,000.00
Dec-31-1928 $2,198,916.00 $100,000.00
Dec-31-1929 $2,072,633.00 $100,000.00
Dec-31-1930 $1,866,907.00 $100,000.00
Dec-31-1931 $1,808,646.00 $100,000.00
Dec-31-1932 $1,778,843.00 $100,000.00
Dec-30-1933 $1,692,140.00 $100,000.00

 

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