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Bank Info for NB Charter 9355 (1909 - 1921)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The Merchants National Bank of
Billings, MT
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1909-1912 Roy J. Covert Russell Eaton Shepherd
1913-1914 George Miller Hays Russell Eaton Shepherd
1915-1916 George Miller Hays Roy J. Covert
1917-1921 Dean A. Wright Roy J. Covert
Other Known Bank Note Signers
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Date Back 3x10-20 1 - 6500
1902 Plain Back 3x10-20 6501 - 6697
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Mar 3, 1909
  • Chartered Mar 8, 1909
  • Opened for business Mar 20, 1909
  • Closed Oct 7, 1921
  • Consolidated with 4593 Oct 7, 1921 (YellowstoneNB/Yellowstone-Merchants, Billings, MT)
  • Circulation assumed by 4593 (YellowstoneNB/Yellowstone-Merchants, Billings, MT)
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1909) $609,814
High Bal (1920) $3,530,585
Circulation Summary
Low Bal (1914) $49,000
High Bal (1909) $50,000
Total Out (1920) $49,400
# Large Notes 26,788
# Small Notes 0
# Total Notes 26,788
$ Large Size $334,850
$ Small Size $0
$ Total Issued $334,850
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-01-1909 $609,814.00 $50,000.00
Sep-01-1910 $905,390.00 $50,000.00
Sep-01-1911 $960,609.00 $50,000.00
Sep-04-1912 $1,317,681.00 $50,000.00
Aug-09-1913 $1,510,009.00 $50,000.00
Sep-12-1914 $1,512,808.00 $49,000.00
Sep-02-1915 $1,665,997.00 $50,000.00
Sep-12-1916 $2,456,082.00 $50,000.00
Sep-11-1917 $3,292,932.00 $50,000.00
Aug-31-1918 $3,219,061.00 $49,300.00
Sep-12-1919 $3,512,720.00 $50,000.00
Sep-12-1920 $3,530,585.00 $49,400.00

 

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