First National Bank, Lake City, IA (Charter 4966)

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Postcard of the First National Bank Building (far right) ca. 1910.

First National Bank, Lake City, IA (Chartered 1894 - Receivership 1931)

Town History

Photo of the First National Bank building in 2018. Courtesy of Google Maps.

Lake City is located in Calhoun County in north central Iowa.

Lake City was founded in 1856. Lake City took its name from Lake Creek. The town experienced growth with the advent of the railroad in 1881.

During the National Bank Note Era, the population of Lake City was 1,160 in 1890, rising to 2,043 in 1910, and staying steady at 2,012 in 1930. It's highest population was 2,703 in 1900, and the current population is estimated at 1,657 (2018).

Bank History

  • Organized Jun 21, 1894
  • Chartered Jun 29, 1894
  • Receivership Oct 22, 1931

Official Bank Title(s)

1: The First National Bank of Lake City, IA

Bank Note Types Issued

1882 Date Back $10 bank note with pen signatures of G. G. Hutchison, Cashier and S. T. Hutchison, President. Courtesy of Heritage Auctions, www.ha.com
1929 Type 1 $20 bank note with printed signatures of Walter Jacobs, Cashier and G. G. Hutchison, President. Courtesy of Heritage Auctions, www.ha.com

A total of $807,290 in National Bank Notes was issued by this bank between 1894 and 1931. This consisted of a total of 100,858 notes (91,840 large size and 9,018 small size notes).

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

Series/Type Sheet/Denoms Serial#s
1882 Brown Back 4x5 1 - 3825
1882 Brown Back 3x10-20 1 - 2580
1882 Date Back 4x5 1 - 2558
1882 Date Back 3x10-20 1 - 1752
1902 Date Back 4x5 1 - 750
1902 Date Back 3x10-20 1 - 700
1902 Plain Back 4x5 751 - 7269
1902 Plain Back 3x10-20 701 - 4976
1929 Type 1 6x5 1 - 953
1929 Type 1 6x10 1 - 429
1929 Type 1 6x20 1 - 121

Bank Presidents and Cashiers

First National Bank Presidents and Cashiers during the National Bank Note Era (1894 - 1931):

Presidents:

Cashiers:

Other Bank Note Signers

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

Wiki Links

Sources

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