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Bank Info for NB Charter 9021 (1908 - 1933)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The United States National Bank of
Salem, OR
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1908-1917 Edgar Wilmot Hazard John P. Rogers
1918-1925 Edgar Wilmot Hazard David Walter Eyre
1926-1932 L. C. Smith David Walter Eyre
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 3x10-20 1 - 750
1902 Date Back 3x10-20 1 - 4300
1902 Plain Back 3x10-20 4301 - 4793
1929 Type 1 6x10 1 - 1622
1929 Type 1 6x20 1 - 374
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 30, 1908
  • Chartered Feb 5, 1908
  • Opened for business Feb 5, 1908
  • Liquidated Dec 15, 1933
  • Absorbed by 4514 (United States National Bank, Portland, OR)
  • Notation on Organization Report:
  • Conversion of The Salem State Bank
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Salem State Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1908) $433,078
High Bal (1929) $3,101,265
Circulation Summary
Low Bal (1909) $2,450
High Bal (1932) $100,000
Total Out (1932) $100,000
# Large Notes 22,172
# Small Notes 11,976
# Total Notes 34,148
$ Large Size $277,150
$ Small Size $142,200
$ Total Issued $419,350
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-23-1908 $433,078.00 $16,500.00
Sep-01-1909 $580,634.00 $2,450.00
Sep-01-1910 $966,441.00 $25,000.00
Sep-01-1911 $1,167,438.00 $25,000.00
Sep-04-1912 $1,437,951.00 $25,000.00
Aug-09-1913 $1,389,460.00 $22,600.00
Sep-12-1914 $1,429,572.00 $23,200.00
Sep-02-1915 $1,258,827.00 $21,000.00
Sep-12-1916 $1,388,722.00 $11,200.00
Sep-11-1917 $1,603,818.00 $7,000.00
Aug-31-1918 $1,657,983.00 $19,500.00
Sep-12-1919 $1,796,113.00 $29,900.00
Sep-12-1920 $2,322,117.00 $31,950.00
Sep-06-1921 $2,113,531.00 $30,600.00
Sep-15-1922 $2,238,802.00 $30,700.00
Sep-14-1923 $2,475,750.00 $30,300.00
Oct-10-1924 $2,572,798.00 $30,300.00
Sep-28-1925 $2,698,906.00 $30,500.00
Dec-31-1926 $2,997,507.00 $5,000.00
Oct-10-1927 $2,993,722.00 $5,000.00
Dec-31-1928 $3,091,026.00 $5,000.00
Dec-31-1929 $3,101,265.00 $4,760.00
Dec-31-1930 $2,805,260.00 $5,000.00
Dec-31-1931 $2,396,038.00 $99,980.00
Dec-31-1932 $2,125,091.00 $100,000.00

 

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