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Bank Info for NB Charter 9860 (1910 - 1927)

Official Bank Title(s) (Huntoon)
# Bank Title (Change Date) Bank Town
1 The First National Bank of
Covington, IN
Bank Officer Pairs (OCC/Pollock)
Years Cashier President
1911-1914 H. E. Mayer W. W. Layton
1915-1926 J. E. Romine W. W. Layton
Other Known Bank Note Signers
  • No other known bank note signers for this bank
Bank Note History Links
Bank Note Types Issued (VanBelkum)
Series/Type Sheet/Denoms Serial#s Sheet Comments
1902 Date Back 3x10-20 1 - 3540
1902 Plain Back 3x10-20 3541 - 11102
Smithsonian NBN Proof Links (Huntoon Index)
Bank History Summary (VanBelkum/Huntoon/Pollock)
  • Organized Sep 9, 1910
  • Chartered Sep 28, 1910
  • Liquidated Sep 23, 1927
  • Succeeded by 13082 (National Bank (No Issue), Covington, IN)
  • Receivership Dec 8, 1928
  • Notation on Organization Report:
  • Succeeds The Covington Bank
Bank Balance Summaries (Huntoon/Pollock)
Total Resources Summary
Low Bal (1911) $327,486
High Bal (1919) $961,691
Circulation Summary
Low Bal (1919) $47,700
High Bal (1923) $70,000
Total Out (1926) $70,000
# Large Notes 44,408
# Small Notes 0
# Total Notes 44,408
$ Large Size $555,100
$ Small Size $0
$ Total Issued $555,100
OCC Annual Bank Balances (Pollock)
Report Date Total Resources Circulation
Sep-01-1911 $327,486.00 $50,000.00
Sep-04-1912 $407,624.00 $50,000.00
Aug-09-1913 $351,468.00 $50,000.00
Sep-12-1914 $372,693.00 $50,000.00
Sep-02-1915 $383,937.00 $50,000.00
Sep-12-1916 $401,440.00 $49,100.00
Sep-11-1917 $580,161.00 $50,000.00
Aug-31-1918 $731,006.00 $50,000.00
Sep-12-1919 $961,691.00 $47,700.00
Sep-12-1920 $832,244.00 $49,400.00
Sep-06-1921 $704,300.00 $49,300.00
Sep-15-1922 $704,264.00 $50,000.00
Sep-14-1923 $685,847.00 $70,000.00
Oct-10-1924 $660,151.00 $69,200.00
Sep-28-1925 $631,931.00 $69,500.00
Dec-31-1926 $571,503.00 $70,000.00

 

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