Lookup  U.S. National Bank Lookup (1863-1935)
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Bank Info for NB Charter 8699 (1907 - 1926)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 First National Bank of
Adair, IA
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1907-1915 Roy Richard Welton Merritt H. Welton
1916-1916 Martin Irving Westergaard Merritt H. Welton
1917-1925 Martin Irving Westergaard Michael Louis McManus
1925-1926 Martin Irving Westergaard Frederick Legrande Miller
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 - 156
1902 Red Seal 3x10-20 1 - 125
1902 Date Back 4x5 1 - 700
1902 Date Back 3x10-20 1 - 560
1902 Plain Back 4x5 701 - 1249
1902 Plain Back 3x10-20 561 - 907
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Apr 29, 1907
  • Chartered May 18, 1907
  • Opened for business May 20, 1907
  • Receivership Dec 27, 1926
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Adair Savings Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1909) $33,909
High Bal (1919) $529,233
Circulation Summary
Low Bal (1907) $6,250
High Bal (1913) $8,750
Total Out (1925) $8,750
# Large Notes 9,748
# Small Notes 0
# Total Notes 9,748
$ Large Size $79,700
$ Small Size $0
$ Total Issued $79,700
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Aug-22-1907 $92,019.00 $6,250.00
Sep-23-1908 $103,570.00 $6,250.00
Sep-01-1909 $33,909.00 $6,250.00
Sep-01-1910 $177,865.00 $6,250.00
Sep-01-1911 $177,713.00 $6,250.00
Sep-04-1912 $210,306.00 $6,250.00
Aug-09-1913 $224,833.00 $8,750.00
Sep-12-1914 $250,283.00 $8,750.00
Sep-02-1915 $254,409.00 $8,750.00
Sep-12-1916 $298,838.00 $8,750.00
Sep-11-1917 $363,500.00 $8,450.00
Aug-31-1918 $463,507.00 $8,350.00
Sep-12-1919 $529,233.00 $8,350.00
Sep-12-1920 $521,918.00 $8,750.00
Sep-06-1921 $326,076.00 $8,750.00
Sep-15-1922 $436,023.00 $8,750.00
Sep-14-1923 $438,728.00 $8,750.00
Oct-10-1924 $396,780.00 $8,750.00
Sep-28-1925 $368,808.00 $8,750.00

 

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