Lookup  U.S. National Bank Lookup (1863-1935)
Sponsored by the Society of Paper Money Collectors (Join SPMC)

Bank Info for NB Charter 9464 (1909 - 1940)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Sandstone, MN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1909-1919 A. S. Dean H. P. Webb
1920-1921 W. M. Pratt H. P. Webb
1922-1922 Carl Samuel Gjertson (Asst) H. P. Webb
1923-1923 C. F. Paxton H. P. Webb
1924-1924 C. F. Paxton C. J. Pearson
1924-1924 Ray W. Barstow H. P. Webb
1925-1935 Carl Samuel Gjertson Ray W. Barstow
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 - 1910
1902 Plain Back 3x10-20 1911 - 4745
1929 Type 1 6x10 1 - 548
1929 Type 1 6x20 1 - 148
1929 Type 2 10 1 - 422
1929 Type 2 20 1 - 108
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Jun 3, 1909
  • Chartered Jun 29, 1909
  • Bank was Open past 1935
  • Liquidated Aug 5, 1940
  • Succeeded by Sandstone State Bank
  • Notation on Organization Report:
  • Conversion of The Sandstone State Bank.
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1909) $108,861
High Bal (1935) $464,536
Circulation Summary
Low Bal (1909) $6,500
High Bal (1910) $25,000
Total Out (1934) $25,000
# Large Notes 18,980
# Small Notes 4,706
# Total Notes 23,686
$ Large Size $237,250
$ Small Size $57,020
$ Total Issued $294,270
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-01-1909 $108,861.00 $6,500.00
Sep-01-1910 $140,124.00 $25,000.00
Sep-01-1911 $146,202.00 $25,000.00
Sep-04-1912 $152,833.00 $25,000.00
Aug-09-1913 $173,073.00 $25,000.00
Sep-12-1914 $172,304.00 $25,000.00
Sep-02-1915 $194,424.00 $25,000.00
Sep-12-1916 $221,466.00 $25,000.00
Sep-11-1917 $211,157.00 $25,000.00
Aug-31-1918 $205,146.00 $25,000.00
Sep-12-1919 $261,501.00 $25,000.00
Sep-12-1920 $268,796.00 $25,000.00
Sep-06-1921 $240,176.00 $25,000.00
Sep-15-1922 $257,332.00 $25,000.00
Sep-14-1923 $250,208.00 $25,000.00
Oct-10-1924 $306,538.00 $25,000.00
Sep-28-1925 $348,380.00 $25,000.00
Dec-31-1926 $367,241.00 $24,500.00
Oct-10-1927 $370,876.00 $24,600.00
Dec-31-1928 $408,315.00 $25,000.00
Dec-31-1929 $422,146.00 $25,000.00
Dec-31-1930 $412,635.00 $25,000.00
Dec-31-1931 $401,755.00 $25,000.00
Dec-31-1932 $381,711.00 $25,000.00
Dec-30-1933 $379,284.00 $25,000.00
Dec-31-1934 $444,668.00 $25,000.00
Dec-31-1935 $464,536.00 $0.00

 

See National Bank Lookup website Overview for help. For additional bank & banker info including advanced Bank Officer Search, see the SPMC Bank Note History Project home page. For more information on the National Bank Notes issued by these banks, see Collecting U.S. National Bank Notes on SPMC's Collecting Paper Money website. Join SPMC!