- Organized Feb 26, 1908
- Chartered Apr 11, 1908
- Opened for business Apr 27, 1908
- Absorbed 8967 Jul 9, 1915 (Cortez National Bank/First NB, Cortez, CO)
- Conservatorship Apr 27, 1933
- Receivership Aug 18, 1933
- Notation on Organization Report:
- Conversion of The First Bank of Montezuma Valley, Cortez
- Bankers Magazine Succession Info (1863-1909):
- Succeeded First Bank of Montezuma Valley
|
| Circulation Summary |
| Low Bal (1908) |
$10,000 |
| High Bal (1910) |
$30,000 |
| Total Out (1932) |
$29,700 |
|
|
| # Large Notes |
46,692 |
| # Small Notes |
9,612 |
| # Total Notes |
56,304 |
|
|
| $ Large Size |
$375,150 |
| $ Small Size |
$76,020 |
| $ Total Issued |
$451,170 |
|
| Report Date |
Total Resources |
Circulation |
| Sep-23-1908 |
$143,800.00 |
$10,000.00 |
| Sep-01-1909 |
$154,574.00 |
$10,000.00 |
| Sep-01-1910 |
$185,111.00 |
$30,000.00 |
| Sep-01-1911 |
$195,135.00 |
$30,000.00 |
| Sep-04-1912 |
$174,144.00 |
$30,000.00 |
| Aug-09-1913 |
$174,765.00 |
$30,000.00 |
| Sep-12-1914 |
$194,102.00 |
$30,000.00 |
| Sep-02-1915 |
$231,972.00 |
$30,000.00 |
| Sep-12-1916 |
$245,311.00 |
$30,000.00 |
| Sep-11-1917 |
$335,349.00 |
$30,000.00 |
| Aug-31-1918 |
$361,496.00 |
$29,400.00 |
| Sep-12-1919 |
$462,278.00 |
$30,000.00 |
| Sep-12-1920 |
$562,854.00 |
$29,700.00 |
| Sep-06-1921 |
$418,896.00 |
$29,100.00 |
| Sep-15-1922 |
$415,025.00 |
$29,600.00 |
| Sep-14-1923 |
$409,330.00 |
$29,400.00 |
| Oct-10-1924 |
$421,083.00 |
$30,000.00 |
| Sep-28-1925 |
$415,959.00 |
$30,000.00 |
| Dec-31-1926 |
$476,069.00 |
$29,200.00 |
| Oct-10-1927 |
$551,829.00 |
$30,000.00 |
| Dec-31-1928 |
$683,984.00 |
$29,550.00 |
| Dec-31-1929 |
$625,747.00 |
$28,920.00 |
| Dec-31-1930 |
$508,785.00 |
$30,000.00 |
| Dec-31-1931 |
$463,085.00 |
$29,400.00 |
| Dec-31-1932 |
$434,815.00 |
$29,700.00 |
|