Lookup  U.S. National Bank Lookup (1863-1935)
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Bank Info for NB Charter 9050 (1908 - open)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Milaca, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1908-1917 John A. Allen Charles Keith
1918-1918 Harry Walfdan Eberhardt John A. Allen
1919-1922 Thomas Marcus Olsen John A. Allen
1923-1931 Burton Prentice Allen John A. Allen
1932-1935 George Wilhelm Kirkeby John A. Allen
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 3x10-20 1 - 700
1902 Date Back 3x10-20 1 - 1560
1902 Plain Back 3x10-20 1561 - 4322
1929 Type 1 6x10 1 - 598
1929 Type 1 6x20 1 - 158
1929 Type 2 10 1 - 30
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jan 6, 1908
  • Chartered Mar 3, 1908
  • Opened for business Mar 4, 1908
  • Bank was Open past 1935
  • For Bank History after 1935 see:
  • FDIC Bank History website
  • Still in business as First NB of Milaca, MN (Jan 2025)
  • Notation on Organization Report:
  • Conversion of The Farmers State Bank of Milaca
  • Bankers Magazine Succession Info (1863-1909):
  • Succeeded Farmers State Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1908) $159,459
High Bal (1929) $655,028
Circulation Summary
Low Bal (1921) $24,500
High Bal (1908) $25,000
Total Out (1934) $25,000
# Large Notes 20,088
# Small Notes 4,566
# Total Notes 24,654
$ Large Size $251,100
$ Small Size $55,140
$ Total Issued $306,240
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-23-1908 $159,459.00 $25,000.00
Sep-01-1909 $178,147.00 $25,000.00
Sep-01-1910 $184,646.00 $25,000.00
Sep-01-1911 $168,824.00 $25,000.00
Sep-04-1912 $208,233.00 $25,000.00
Aug-09-1913 $221,987.00 $25,000.00
Sep-12-1914 $264,720.00 $25,000.00
Sep-02-1915 $258,167.00 $25,000.00
Sep-12-1916 $304,158.00 $25,000.00
Sep-11-1917 $321,492.00 $24,600.00
Aug-31-1918 $325,337.00 $25,000.00
Sep-12-1919 $381,344.00 $25,000.00
Sep-12-1920 $403,073.00 $24,600.00
Sep-06-1921 $375,991.00 $24,500.00
Sep-15-1922 $396,769.00 $25,000.00
Sep-14-1923 $452,179.00 $24,700.00
Oct-10-1924 $419,439.00 $24,600.00
Sep-28-1925 $431,634.00 $24,500.00
Dec-31-1926 $535,217.00 $25,000.00
Oct-10-1927 $525,355.00 $25,000.00
Dec-31-1928 $632,912.00 $25,000.00
Dec-31-1929 $655,028.00 $25,000.00
Dec-31-1930 $581,508.00 $25,000.00
Dec-31-1931 $537,269.00 $25,000.00
Dec-31-1932 $485,075.00 $25,000.00
Dec-30-1933 $511,542.00 $25,000.00
Dec-31-1934 $535,480.00 $25,000.00
Dec-31-1935 $565,832.00 $0.00

 

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