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Bank Info for NB Charter 9020 (1908 - 1931)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Boyne City, MI
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1908-1912 S. C. Smith W. H. White
1913-1913 S. C. Smith * none *
1914-1916 S. C. Smith W. S. Shaw
1917-1919 S. C. Smith Frank Kaden
1920-1920 L. R. Barnes Frank Kaden
1921-1921 J. A. Hall Frank Kaden
1922-1923 J. A. Hall Thos. White
1924-1929 L. Smith Frank Kaden
1930-1930 H. C. Fox Frank Kaden
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 - 830
1902 Red Seal 4x10 1 - 835
1902 Date Back 4x5 1 - 3450
1902 Date Back 4x10 1 - 3250
1902 Plain Back 4x5 3451 - 12136
1902 Plain Back 4x10 3251 - 10272
1929 Type 1 6x5 1 - 1543
1929 Type 1 6x10 1 - 750
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 15, 1908
  • Chartered Feb 5, 1908
  • Opened for business Feb 6, 1908
  • Boyne City State Ban
  • Receivership Aug 7, 1931
  • Notation on Organization Report:
  • Conversion of The Boyne City State Bank
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Boyne City State Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1908) $325,956
High Bal (1919) $894,361
Circulation Summary
Low Bal (1928) $47,600
High Bal (1908) $50,000
Total Out (1930) $50,000
# Large Notes 96,292
# Small Notes 13,758
# Total Notes 110,050
$ Large Size $703,600
$ Small Size $91,290
$ Total Issued $794,890
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-23-1908 $325,956.00 $50,000.00
Sep-01-1909 $338,328.00 $49,200.00
Sep-01-1910 $370,825.00 $50,000.00
Sep-01-1911 $403,237.00 $50,000.00
Sep-04-1912 $500,624.00 $50,000.00
Aug-09-1913 $533,039.00 $50,000.00
Sep-12-1914 $518,787.00 $50,000.00
Sep-02-1915 $464,680.00 $50,000.00
Sep-12-1916 $532,707.00 $48,600.00
Sep-11-1917 $635,154.00 $48,600.00
Aug-31-1918 $785,004.00 $50,000.00
Sep-12-1919 $894,361.00 $50,000.00
Sep-12-1920 $811,807.00 $49,800.00
Sep-06-1921 $706,286.00 $50,000.00
Sep-15-1922 $664,022.00 $50,000.00
Sep-14-1923 $645,076.00 $50,000.00
Oct-10-1924 $575,048.00 $49,200.00
Sep-28-1925 $572,784.00 $50,000.00
Dec-31-1926 $551,381.00 $50,000.00
Oct-10-1927 $810,315.00 $50,000.00
Dec-31-1928 $745,812.00 $47,600.00
Dec-31-1929 $746,250.00 $50,000.00
Dec-31-1930 $677,879.00 $50,000.00

 

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