- Organized Jun 6, 1908
- Chartered Jul 23, 1908
- Opened for business Jul 24, 1908
- Succeeded Bank of Milton
- Receivership Feb 3, 1932
- Notation on Organization Report:
- Conversion of The Bank of Milton, with branch as Freewater, kept branch
- Bankers Magazine Succession Info (1863-1909):
- Succeeded Bank of Milton
|
| Circulation Summary |
| Low Bal (1909) |
$12,500 |
| High Bal (1911) |
$25,000 |
| Total Out (1927) |
$25,000 |
|
|
| # Large Notes |
20,604 |
| # Small Notes |
0 |
| # Total Notes |
20,604 |
|
|
| $ Large Size |
$257,550 |
| $ Small Size |
$0 |
| $ Total Issued |
$257,550 |
|
| Report Date |
Total Resources |
Circulation |
| Sep-23-1908 |
$508,292.00 |
$0.00 |
| Sep-01-1909 |
$422,788.00 |
$12,500.00 |
| Sep-01-1910 |
$444,620.00 |
$12,500.00 |
| Sep-01-1911 |
$430,924.00 |
$25,000.00 |
| Sep-04-1912 |
$477,677.00 |
$23,760.00 |
| Aug-09-1913 |
$460,400.00 |
$24,720.00 |
| Sep-12-1914 |
$566,861.00 |
$24,500.00 |
| Sep-02-1915 |
$578,215.00 |
$24,100.00 |
| Sep-12-1916 |
$658,235.00 |
$25,000.00 |
| Sep-11-1917 |
$1,027,459.00 |
$25,000.00 |
| Aug-31-1918 |
$1,111,110.00 |
$25,000.00 |
| Sep-12-1919 |
$1,477,424.00 |
$25,000.00 |
| Sep-12-1920 |
$1,372,610.00 |
$24,500.00 |
| Sep-06-1921 |
$1,203,984.00 |
$24,700.00 |
| Sep-15-1922 |
$1,248,179.00 |
$25,000.00 |
| Sep-14-1923 |
$1,119,602.00 |
$24,400.00 |
| Oct-10-1924 |
$753,512.00 |
$25,000.00 |
| Sep-28-1925 |
$792,647.00 |
$25,000.00 |
| Dec-31-1926 |
$842,659.00 |
$24,400.00 |
| Oct-10-1927 |
$913,775.00 |
$25,000.00 |
| Dec-31-1928 |
$938,607.00 |
$0.00 |
| Dec-31-1929 |
$958,074.00 |
$0.00 |
| Dec-31-1930 |
$751,042.00 |
$0.00 |
|