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Bank Info for NB Charter 8643 (1907 - 1931)

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Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 Planters and Merchants National Bank of
South Boston, VA
2 Planters and Merchants First National Bank of (1/26/1926)
South Boston, VA
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1907-1916 Robert Elijah Jordan Col. Henry Easley
1917-1918 Robert Elijah Jordan William Isaac Jordan
1919-1919 Charles Halifax Stebbins Robert Elijah Jordan
1920-1930 Charles Halifax Stebbins Daniel William Owen
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
1: 1902 Red Seal 4x5 1 - 2900
1: 1902 Red Seal 3x10-20 1 - 2320
1: 1902 Date Back 4x5 1 - 9915
1: 1902 Date Back 3x10-20 1 - 7634
1: 1902 Plain Back 4x5 9916 - 23666
1: 1902 Plain Back 3x10-20 7635 - 16620
2: 1902 Plain Back 4x10 1 - 7791
2: 1929 Type 1 6x10 1 - 3693
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Mar 15, 1907
  • Chartered Apr 15, 1907
  • Opened for business Apr 16, 1907
  • 1: Absorbed 5872 Jan 12, 1926 (First National Bank, South Boston, VA)
  • 2: Receivership Oct 10, 1931
  • Notation on Organization Report:
  • Conversion of the Planters and Merchants Bank of South Boston
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Planters and Merchants Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1908) $593,406
High Bal (1926) $2,812,851
Circulation Summary
Low Bal (1907) $100,000
High Bal (1914) $122,000
Total Out (1930) $100,000
# Large Notes 213,188
# Small Notes 22,158
# Total Notes 235,346
$ Large Size $1,789,960
$ Small Size $221,580
$ Total Issued $2,011,540
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Aug-22-1907 $638,948.00 $100,000.00
Sep-23-1908 $593,406.00 $100,000.00
Sep-01-1909 $683,551.00 $100,000.00
Sep-01-1910 $725,154.00 $100,000.00
Sep-01-1911 $823,318.00 $100,000.00
Sep-04-1912 $861,203.00 $100,000.00
Aug-09-1913 $954,309.00 $100,000.00
Sep-12-1914 $1,133,910.00 $122,000.00
Sep-02-1915 $971,142.00 $100,000.00
Sep-12-1916 $1,037,868.00 $100,000.00
Sep-11-1917 $1,165,923.00 $100,000.00
Aug-31-1918 $1,589,266.00 $100,000.00
Sep-12-1919 $1,927,295.00 $100,000.00
Sep-12-1920 $2,436,211.00 $100,000.00
Sep-06-1921 $1,881,163.00 $100,000.00
Sep-15-1922 $1,953,580.00 $100,000.00
Sep-14-1923 $2,080,724.00 $100,000.00
Oct-10-1924 $2,083,041.00 $100,000.00
Sep-28-1925 $2,092,363.00 $100,000.00
Dec-31-1926 $2,812,851.00 $100,000.00
Oct-10-1927 $2,757,455.00 $100,000.00
Dec-31-1928 $2,688,661.00 $100,000.00
Dec-31-1929 $2,425,725.00 $100,000.00
Dec-31-1930 $2,180,570.00 $100,000.00

 

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