- Organized Apr 9, 1908
- Chartered May 1, 1908
- Opened for business May 1, 1908
- Succeeded North Vernon State Bank
- Absorbed 4688 Feb 16, 1931 (First National Bank, Vernon, IN)
- Liquidated Oct 14, 1932
- Succeeded by Union Bank and Trust Company of
- Notation on Organization Report:
- Conversion of The North Vernon State Bank
- Bankers Magazine Succession Info (1863-1909):
- Succeeded North Vernon State Bank
|
| Circulation Summary |
| Low Bal (1908) |
$16,100 |
| High Bal (1922) |
$50,000 |
| Total Out (1931) |
$50,000 |
|
|
| # Large Notes |
35,468 |
| # Small Notes |
8,076 |
| # Total Notes |
43,544 |
|
|
| $ Large Size |
$486,850 |
| $ Small Size |
$97,500 |
| $ Total Issued |
$584,350 |
|
| Report Date |
Total Resources |
Circulation |
| Sep-23-1908 |
$341,977.00 |
$16,100.00 |
| Sep-01-1909 |
$364,750.00 |
$31,100.00 |
| Sep-01-1910 |
$379,143.00 |
$31,100.00 |
| Sep-01-1911 |
$414,244.00 |
$31,100.00 |
| Sep-04-1912 |
$407,974.00 |
$31,100.00 |
| Aug-09-1913 |
$409,343.00 |
$31,100.00 |
| Sep-12-1914 |
$398,971.00 |
$31,100.00 |
| Sep-02-1915 |
$406,811.00 |
$31,100.00 |
| Sep-12-1916 |
$421,254.00 |
$31,100.00 |
| Sep-11-1917 |
$485,397.00 |
$30,500.00 |
| Aug-31-1918 |
$481,544.00 |
$31,100.00 |
| Sep-12-1919 |
$573,372.00 |
$31,100.00 |
| Sep-12-1920 |
$561,948.00 |
$49,250.00 |
| Sep-06-1921 |
$562,602.00 |
$49,000.00 |
| Sep-15-1922 |
$586,888.00 |
$50,000.00 |
| Sep-14-1923 |
$611,092.00 |
$50,000.00 |
| Oct-10-1924 |
$599,941.00 |
$50,000.00 |
| Sep-28-1925 |
$612,047.00 |
$49,600.00 |
| Dec-31-1926 |
$626,917.00 |
$49,450.00 |
| Oct-10-1927 |
$668,687.00 |
$50,000.00 |
| Dec-31-1928 |
$776,249.00 |
$50,000.00 |
| Dec-31-1929 |
$629,209.00 |
$50,000.00 |
| Dec-31-1930 |
$645,305.00 |
$50,000.00 |
| Dec-31-1931 |
$542,313.00 |
$50,000.00 |
|