First National Bank, Jonesboro, TN (Charter 4715)

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ca.1920 postcard of First National Bank

First National Bank, Jonesboro, TN (Chartered 1892 - Open past 1935)

Town History

ca. 2019 photo of the old First National Bank building

Jonesboro is located in Washington County, in the northeastern corner of Tennessee. Nicknamed Tennesee's Oldest Town, it was founded in 1779, 17 years before Tennessee became a state and while the area was still under the jurisdiction of North Carolina. The town was named after North Carolina legislator Willie Jones, who had supported the state's westward expansion across the Appalachian Mountains. It was renamed Jonesboro for a period of time (as can be seen on the bank notes below), but has been changed back to the original spelling.

During the National Bank Note Era (1863-1935), the population of Jonesborough was 895 in 1880, growing slightly to 931 in 1930. It's highest and current population is estimated at 5,611 (2019).

Jonesboro had one National Bank chartered during the Bank Note Era, and it issued National Bank Notes. Jonesboro also had two Obsolete Banks that issued Obsolete Bank Notes during the Obsolete Bank Note Era (1782-1866).

Bank History

  • Organized Mar 14, 1892
  • Chartered Mar 29, 1892
  • Succeeded Merchants and Traders Bank
  • Bank was Open past 1935

Official Bank Title(s)

1: The First National Bank of Jonesboro, TN

Bank Note Types Issued

Series 1882 Brown Back $5 bank note with pen signatures of Chas. C. McPherson, Cashier and E.H. West, President. (NBNCensus.com)
Series 1929 Type 2 $10 bank note with printed signatures of Frank S. Patton, Cashier and A.A. Deakins, President.

A total of $439,470 in National Bank Notes was issued by this bank between 1892 and 1935. This consisted of a total of 56,926 notes (45,128 large size and 11,798 small size notes).

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

Series/Type Sheet/Denoms Serial#s Sheet Comments
1882 Brown Back 4x5 1 - 2125
1882 Brown Back 3x10-20 1 - 520
1882 Date Back 4x5 1 - 261
1882 Date Back 3x10-20 1 - 214
1902 Date Back 4x5 1 - 550
1902 Date Back 3x10-20 1 - 380
1902 Plain Back 4x5 551 - 5017
1902 Plain Back 3x10-20 381 - 3145
1929 Type 1 6x5 1 - 934
1929 Type 1 6x10 1 - 540
1929 Type 1 6x20 1 - 190
1929 Type 2 5 1 - 1040
1929 Type 2 10 1 - 644
1929 Type 2 20 1 - 130

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1892 - 1936):

Presidents:

Cashiers:

Other Known Bank Note Signers

  • No other known bank note signers for this bank

Bank Note History Links

Sources

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