First National Bank, Indianola, IA (Charter 1811)

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Postcard of the First National Bank building (right) in 1912.

First National Bank, Indianola, IA (Chartered 1870 - Receivership 1932)

Town History

Photo of the First National Bank building in 2013. Note how the third floor has been removed. Courtesy of Google Maps.

Indianola is located in Warren County in central Iowa.

Indianola was founded in 1849 as the county seat of Warren County. The town was located near the geographic center of the new county. The town's name was taken from a newspaper account of a Texas town of the same name.

Indianola was incorporated in 1863.

Indianola is home to Simpson College.

During the National Bank Note Era, the population of Indianola was 1,428 in 1870, increasing to 3,261 in 1900, and staying fairly constant with 3,488 in 1930. It's highest and current population is 16,071 (2018).

For more information on the town of Indianola, see their Wikipedia page.

Bank History

  • Organized Nov 15, 1870
  • Chartered Apr 13, 1871
  • Succeeded Hallam & Son
  • Receivership Aug 20, 1932

Official Bank Title(s)

1: The First National Bank of Indianola, IA

Bank Note Types Issued

Original Series $2 bank note with pen signatures of Gorham A. Worth, Cashier and Archibald R. Henry, President. Courtesy of Heritage Auctions, www.ha.com
1882 Brown Back $5 bank note with pen signatures of James Finley Samson, Cashier and Joseph Murray Harlan, President. Courtesy of Heritage Auctions, www.ha.com

A total of $725,500 in National Bank Notes was issued by this bank between 1870 and 1932. This consisted of a total of 97,664 notes (97,664 large size and 0 small size notes).

This bank issued the following Types and Denominations of bank notes:

Series/Type Sheet/Denoms Serial#s
Original Series 3x1-2 1 - 2820
Original Series 4x5 1 - 3025
Series 1875 4x5 1 - 4669
1882 Brown Back 4x5 1 - 3900
1882 Brown Back 3x10-20 1 - 2340
1882 Date Back 4x5 1 - 686
1882 Date Back 3x10-20 1 - 529
1902 Date Back 3x10-20 1 - 2600
1902 Plain Back 3x10-20 2601 - 6447

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1870 - 1932):

Presidents:

  • David Hallam, 1871-1872
  • A. S. Moncrief, 1873-1873
  • Archibald R. Henry, 1874-1882
  • Jeremiah G. Sandy, 1883-1897
  • John Asher Shuler, 1898-1899
  • Joseph Murray Harlan, 1900-1914
  • Edgar Cullen Lane, 1915-1915
  • Carl Hamilton Lane, 1916-1931

Cashiers:

  • Thomas W. Hallam, 1871-1871
  • A. S. Moncrief, 1872-1872
  • Edd. R. McKee, 1873-1873
  • Gorham A. Worth, 1874-1897
  • James Finley Samson, 1898-1913
  • William A. Lane, 1914-1919
  • Ray Lane, 1920-1921
  • Louis Craig Pendry, 1922-1927
  • Stoddard Merchant Robinson, 1928-1931

Other Bank Note Signers

  • There are currently no known Vice President or Assistant Cashier bank note signers for this bank.

References

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