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Bank Info for NB Charter 8697 (1907 - 1927)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Biwabik, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1907-1907 * none * Fred B. Myers
1908-1910 Edward John Simons Fred B. Myers
1911-1916 James Charles McGivern Fred B. Myers
1916-1918 James Charles McGivern C. W. Bray
1919-1927 A. B. Shank James Charles McGivern
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 4x5 1 - 300
1902 Red Seal 3x10-20 1 - 250
1902 Date Back 4x5 1 - 1175
1902 Date Back 3x10-20 1 - 920
1902 Plain Back 4x5 1176 - 4180
1902 Plain Back 3x10-20 921 - 2733
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Apr 2, 1907
  • Chartered May 18, 1907
  • Opened for business May 27, 1907
  • Receivership May 10, 1927
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1907) $93,939
High Bal (1920) $557,274
Circulation Summary
Low Bal (1910) $12,000
High Bal (1914) $25,000
Total Out (1926) $25,000
# Large Notes 29,852
# Small Notes 0
# Total Notes 29,852
$ Large Size $238,750
$ Small Size $0
$ Total Issued $238,750
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Aug-22-1907 $93,939.00 $12,500.00
Sep-23-1908 $159,233.00 $12,500.00
Sep-01-1909 $184,446.00 $12,500.00
Sep-01-1910 $206,452.00 $12,000.00
Sep-01-1911 $237,850.00 $12,500.00
Sep-04-1912 $361,678.00 $12,500.00
Aug-09-1913 $290,583.00 $12,500.00
Sep-12-1914 $294,136.00 $25,000.00
Sep-02-1915 $296,330.00 $25,000.00
Sep-12-1916 $315,716.00 $25,000.00
Sep-11-1917 $391,531.00 $25,000.00
Aug-31-1918 $419,443.00 $25,000.00
Sep-12-1919 $441,021.00 $24,100.00
Sep-12-1920 $557,274.00 $25,000.00
Sep-06-1921 $450,439.00 $25,000.00
Sep-15-1922 $356,182.00 $25,000.00
Sep-14-1923 $427,496.00 $25,000.00
Oct-10-1924 $463,139.00 $25,000.00
Sep-28-1925 $439,729.00 $24,600.00
Dec-31-1926 $445,972.00 $25,000.00

 

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