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Bank Info for NB Charter 8950 (1907 - 1926)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
New Sharon, IA
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1908-1912 Mahlon Bainbridge George Henry Barbour
1913-1913 Peter Cornelis Welle Mahlon Bainbridge
1914-1914 John B. Heitsman Mahlon Bainbridge
1915-1924 Barclay Benezet (Ben) Watson George Madison Garner
1925-1925 Barclay Benezet (Ben) Watson Pearson Thomas Cope
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 - 667
1902 Red Seal 4x10 1 - 635
1902 Date Back 4x5 1 - 3250
1902 Date Back 4x10 1 - 2950
1902 Plain Back 4x5 3251 - 8399
1902 Plain Back 4x10 2951 - 6885
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Sep 14, 1907
  • Chartered Nov 27, 1907
  • Opened for business Nov 30, 1907
  • Liquidated Jun 1, 1926
  • Absorbed by Citizens State Bank, New Sharon
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1908) $203,497
High Bal (1920) $504,962
Circulation Summary
Low Bal (1908) $25,000
High Bal (1912) $50,000
Total Out (1924) $50,000
# Large Notes 66,344
# Small Notes 0
# Total Notes 66,344
$ Large Size $482,120
$ Small Size $0
$ Total Issued $482,120
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-23-1908 $203,497.00 $25,000.00
Sep-01-1909 $245,887.00 $40,000.00
Sep-01-1910 $257,202.00 $40,000.00
Sep-01-1911 $259,209.00 $39,400.00
Sep-04-1912 $262,260.00 $50,000.00
Aug-09-1913 $293,279.00 $48,800.00
Sep-12-1914 $288,392.00 $50,000.00
Sep-02-1915 $264,802.00 $50,000.00
Sep-12-1916 $286,880.00 $50,000.00
Sep-11-1917 $334,777.00 $48,800.00
Aug-31-1918 $388,792.00 $50,000.00
Sep-12-1919 $454,590.00 $50,000.00
Sep-12-1920 $504,962.00 $49,800.00
Sep-06-1921 $290,018.00 $50,000.00
Sep-15-1922 $379,889.00 $50,000.00
Sep-14-1923 $339,882.00 $50,000.00
Oct-10-1924 $328,277.00 $50,000.00
Sep-28-1925 $243,653.00 $0.00

 

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