First National Bank, Shelby, OH (Charter 1929)
First National Bank, Shelby, OH (Chartered 1872 - Closed (Merger) 2004)
Town History
Shelby is a city in Richland County in the U.S. state of Ohio, northwest of the city of Mansfield. It is part of the Mansfield, Ohio Metropolitan Statistical Area. Shelby was originally called Gamble's Mills, and under the latter name was platted in 1834.
On April 14, 2019, Shelby was struck by a long tracked EF2 Tornado with winds of 120-125 MPH. At its peak, the tornado was a half mile wide. The tornado damaged more than half a dozen homes, as well as a car dealership on the south of side of Shelby.
The population was 9,317 as of the 2010 census. In 1860 the population was 1,003, growing to 4,685 by 1900.
Shelby had one National Bank chartered during the Bank Note Era, and it issued National Bank Notes.
Bank History
- Organized January 12, 1872
- Chartered January 25, 1872
- Bank was Open past 1935
- For Bank History after 1935 see FDIC Bank History website
- Merged into First Citizens Bank in New Washington, OH, October 8, 2004
On May 17, 1873, another of Shelby's leading citizens departed this life, David Anderson, widely known among the people of Richland and Crawford counties as well as in other portions of the state. He settled at DeKalb many years ago, and afterwards removed to Shelby as a merchant. At the time of his death he was Vice President of the First National Bank of Shelby, and a director in several others in which he held stock. He left home several weeks ago in ill health accompanied by a daughter-in-law to visit his son Mr. A.D. Anderson at Morrison, Illinois, and if able, to extend his visit to California where another son, John Anderson resided. Upon his arrival at Morrison, he had lost consciousness. His remains arrived on Tuesday morning, and were taken charge of by a committee of citizens. The funeral took place on Wednesday with burial in Shelby-Oakland Cemetery.
In 1902, the Delphos Daily Herald reported that B.J. Williams, cashier of the First National Bank in Shelby, Ohio, held the distinction of having the first shot aimed at him personally at the siege of Vicksburg in 1863. Mr. Williams was born in Marion, Ohio, in 1842. In 1861 he enlisted in Major Ink's battalion in Missouri, and served for 18 months. He reenlisted in the 69th Ohio, and held the office of quartermaster sergeant. At the siege of Vicksburg, he was on the staff of General Burbridge of Kentucky, and as the army marched up on the hills surrounding the city, he was ordered to take possession of a farmhouse for use as a hospital. He rode away with a few men and as they passed up the lane to the house, two Confederates opened fire on them from the place. None of the men were hit. Another curious incidence in connection with Vicksburg was that when General Pemberton sent a flag of truce into the Union lines with a proposed surrender, the men were taken to Williams' tent and kept while Grant went over their message. Mr. Williams had been cashier of The First National Bank of Shelby continuously since the day of its opening, April 9, 1872. He was, therefore, serving his 31st year as cashier.
Colonel John Dempsey of Cleveland died on August 16, 1904, in his summer home near Shelby of heart failure. He was born May 27, 1829 in Ireland and came to America at the age of 19. He resided in Sandusky conducting a wholesale business for 6 years before moving to Shelby in 1873. In 1880 he removed to Cleveland. He enlisted in the Union Army in 1864 and became lieutenant colonel of the 48th Ohio. Subsequently he held the same position in the 163rd Ohio National Guard. He was president of the First National Bank of Shelby and a charter member of Shelby Lodge F. and A.M. He was a very intimate friend of the late Senator and U.S. Secretary of State John Sherman of Mansfield and accumulated a great deal of his wealth through Mr. Sherman’s association with him. One son and two daughters survived him.
John L. Pittenger, vice president of the First National Bank of Shelby, died Tuesday morning, February 18, 1913, at 11 o'clock. He was born in Bloomingrove Township, January 29, 1839. He was married to Miss Elizabeth Gibson in 1861. During the last forty years Mr. Pittenger never missed a meeting of the board of directors of the bank. He was an elder in the Presbyterian church at Shelby. The funeral was held Friday morning at 10 o'clock at the home on North Broadway, conducted by the Rev. Mr. Munson, with burial in the Oakland Cemetery.
In October 1918, H.W. Steele was appointed president of the First National Bank to succeed the late J.W. Williams. S.E. Kuhn was appointed to fill the vacancy on the board of directors and also the active vice president position. F.K. Hall was appointed cashier, and C.E. Pannabaker, assistant cashier. Mr. Hall had been with the Baltimore & Ohio Railroad as freight agent at Shelby before taking a position with the bank in 1916.
On Tuesday, January 10, 1922, the bank, oldest in Richland County, held its 50th annual meeting re-electing directors and officers. In its 50 years the bank had missed but one dividend and had returned 400 per cent to stockholders with 186 per cent on the stock remaining as undivided profits. In 1872 the bank opened with $50,000 in capital stock. Since 1872, all other banking institutions in the county had gone out of business either by failure, reorganization or voluntary liquidation. The directors were H.W. Steele, J.A. Seltzer, Fred Sutter, C.J. Anderson, C.A. Moyer, Bert Kuhn, and S.E. Kuhn. The officers elected were H.W. Steele, president; S.E. Kuhn, vice president and manager; F.K. Hall, cashier and J.P. Moore, assistant cashier.
On January 12, 1926, the annual stockholders meeting was held in the rooms of the bank at West Main Street. The directors were H.W. Steele, S.E. Kuhn, J.A. Seltzer, Frederick Sutter, C.J. Anderson, C.A. Moyer, and Bert Kuhn. The officers elected were H.W. Steele, president; S.E. Kuhn, vice president and manager; F.K. Hall, cashier and J.P. Moore, assistant cashier. Wed., Jan. 13, 1926.
On Sunday, March 13, 1938, Harrison Warner Steele, Shelby capitalist and philanthropist, died at his home, 94 West Main Street, following an illness of several weeks. Mr. Steele was prominently identified with the city's industrial growth. He was co-founder and president of the Shelby Spring Hinge company, one of the oldest manufacturing concerns in the city. The company manufactured door hardware. A native of Wilkes-Barre, Pa., Mr. Steele came to Shelby at an early age, and took an active part in various civic affairs. He was president of the First National Bank for many years, and was a trustee of the First M.E. Church and a former superintendent of the Sunday school. His fraternal affiliations included the Mansfield Knights Templar, Dayton Consiistory and Shelby lodge, F. and A.M. The survivors include his widow, Emma, and a daughter, Mrs. Chester M. Anderson of Columbus.
In April 1938, Levi D. Malone was elected president to succeed the late H.W. Steele. He also succeeded Mr. Steele to the Presidency of the Shelby Spring Hinge Co. In 1932, Mr. Malone became president of the Shelby Building and Loan Co., having served as a director since 1918. Other officers elected for the First National Bank were Franz Hall, executive vice president; D.L. Morton, cashier; and Wilbur Workman and Mrs. Bertha Gates, assistant cashiers.
In January 1949, L.D. Malone was re-elected president of the First National bank of Shelby and president of the board of directors at the annual meeting of the bank's stockholders. Other officers and directors retained were: F.K. Hall, executive vice president; W.L. Morton, cashier; W.L. Workman and L.D. Reynolds, assistant cashiers; Martha L. Wetz, teller; J.O. McBride and Eileen Ruhl, bookkeepers; Alice Viers, stenographer; and J.V. Will, attorney. Directors were: F.K. Hall, J.J. Crum, H.C. Mayer, F.L. Bricker, J.S. Seltzer and F.B. Stevens. W.L. Morton was secretary to the board. Harold Briggs also was retained as custodian.
At 6 AM Friday, November 25, 1955, Franz K. Hall, 74, of 130 E. Main St., Shelby, a 33rd degree Mason, well known throughout the state in Masonic circles, died at the Richland County Hospital in Mansfield. Burial was in the Friends Cemetery at Quaker City Monday. Born of Quaker parents in Quaker City, Ohio, December 20, 1884, he worked for the Baltimore and Ohio Railroad after completing high school as a freight agent, and later transferred to Shelby. In 1916 he took a position at the First National Bank of Shelby and at the time of his death was serving as president and member of the board of directors. He was a member of the Police Pension Board at Shelby and served 11 years as vice president of Shelby City Council. Active in Masonic work, he was made a Master Mason in Quaker City Lodge No. 500 March 28, 1907; made a Royal Arch Mason in Warren Chapter No. 6 at Newark Sept. 9, 1907; and demitted to Shelby Chapter No. 178 in May 1909. There he served as high priest in 1911 through 1917. Mr. Hall received the Order of High Priesthood in the Ohio Council in 1911 and was elected to the Line of the Ground Chapter, RAM of Ohio, in 1926, serving as grand high priest in 1935 and 1936. He was made a Royal and Select Mason in the Bigelow Council No. 7 at Newark March 25, 1908, demitting to Mansfield Council No. 94 in 1918, where he served as illustrious master in 1928 and 1929. He became knight templar in St. Lukes Commandry No. 34 at Newark May 12 1906. He demitted to Mansfield Commandry No. 21 in June 1918 and served as commander in 1926 and 1927. He received the Ancient and Accepted Scottish Rite degrees in the Valley of Dayton, Ohio in November 1913. On Sept 15, 1931, he was crowned an honorary 33rd Degree Mason in Detroit, Mich., and was made a member of the Alladin Temple 900 N M S in Columbia in May 1918. He has been continuously serving as a member of the board of trustees of the Ohio Masonic Home at Springfield since 1940. He was a member of the Red Cross of Constantine, an honorary member of many Masonic bodies in Ohio, including the one at Crestline. He was a member of the Friends Church of Quaker City. Surviving were his widow, Mrs. Cora Marquart Hall, formerly of Crestline, a daughter, Mrs. Kenneth Gates, a son, Jack Vale Hall, four grandchildren, all of Shelby, and a brother, Fred J. Hall of Quaker City.
First Citizens Banc Corp. of New Washington, Ohio, announced March 4, 2004, the execution of an agreement to acquire FNB Financial Corporation, the $215 million bank holding company which owned the First National Bank of Shelby, headquartered in Shelby. The transaction included a mixture of cash and stock with a total value of approximately $35.5 million based on First Citizens' closing price on March 3, 2004. The acquisition was expected to be completed in the fourth quarter of 2004. First Citizens Banc Corp. also owned Farmers State Bank. FNB and Farmers both had Crestline branches. The combined financial institution would rank as the 15th largest bank in Ohio with total assets of $860 million and total deposits of approximately $700 million. Banking business would be conducted in 24 banking centers throughout Erie, Huron, Crawford, Richland, Huron, Marion, Ottawa and Union Counties. On October 8, 2004 the merger became effective with the new name of First Citizens Bank.
Official Bank Title(s)
1: The First National Bank of Shelby, OH
Bank Note Types Issued
A total of $1,118,770 in National Bank Notes was issued by this bank between 1872 and 2004. This consisted of a total of 160,409 notes (139,196 large size and 21,213 small size notes).
This bank issued the following Types and Denominations of bank notes:
Series/Type Sheet/Denoms Serial#s Sheet Comments Original Series 3x1-2 1 - 2100 Original Series 4x5 1 - 2725 Series 1875 4x5 1 - 5777 1882 Brown Back 4x5 1 - 3865 1882 Brown Back 3x10-20 1 - 2280 1882 Date Back 4x5 1 - 1231 1882 Date Back 3x10-20 1 - 895 1902 Date Back 4x5 1 - 1750 1902 Date Back 3x10-20 1 - 1300 1902 Plain Back 4x5 1751 - 9570 1902 Plain Back 3x10-20 1301 - 6356 1929 Type 1 6x5 1 - 1716 1929 Type 1 6x10 1 - 1006 1929 Type 1 6x20 1 - 254 1929 Type 2 5 1 - 2034 1929 Type 2 10 1 - 1059 1929 Type 2 20 1 - 264
Charter 1929 was awarded to The First National Bank of Shelby, Ohio, in 1872, and thus small national bank notes from this bank have a charter number which matches the series year. Huntoon, Peter, Chapter P13: "Matched Series Dates and Charter Numbers on National Bank Notes," Encyclopedia of U.S. National Bank Notes.
Bank Presidents and Cashiers
Bank Presidents and Cashiers during the National Bank Note Era (1872 - 2004):
Presidents:
- Dr. William Riley Bricker, 1872-1892
- Col. John Dempsey, 1893-1903
- Benjamin J. Williams, 1904-1917
- James Walter Williams, 1918-1918
- Harrison Warner Steele, 1919-1935
Cashiers:
- Benjamin J. Williams, 1872-1903
- James Walter Williams, 1904-1916
- Samuel Earle Kuhn, 1917-1918
- Franz Kester Hall, 1919-1935
Other Bank Note Signers
- David Anderson, Vice President 1873
- Jeffrey A. Beverstock, Vice President 1874
- John L. Pittenger, Vice President 1887...1913
- Samuel Earle Kuhn, Vice President 1918-1926
- There are currently no known Assistant Cashier bank note signers for this bank.
Wiki Links
- Ohio Bank Note History
- General information on Shelby (Wikipedia)
- General information on Richland County (Wikipedia)
- General information on Ohio (Wikipedia)
Sources
- Shelby, OH, Wikipedia, https://en.wikipedia.org/wiki/Shelby,_Ohio
- Don C. Kelly, National Bank Notes, A Guide with Prices. 6th Edition (Oxford, OH: The Paper Money Institute, 2008).
- Dean Oakes and John Hickman, Standard Catalog of National Bank Notes. 2nd Edition (Iola, WI: Krause Publications, 1990).
- Banks & Bankers Historical Database (1782-1935), https://spmc.org/bank-note-history-project
- Delphos Daily Herald, Delphos, OH, Wed., Nov. 12, 1902.
- Telegraph-Forum, Bucyrus, OH, Fri., Aug. 19, 1904.
- News-Journal, Mansfield, OH, Tue., Feb. 18, 1913.
- The Galion Inquirer, Galion, OH, Sat., June 3, 1916.
- News-Journal, Mansfield, OH, Thu., Oct. 24, 1918.
- News-Journal, Mansfield, OH, Sun., Jan. 15, 1922.
- News-Journal, Mansfield, OH, Sun., Jan. 15, 1922.
- News-Journal, Mansfield, OH, Mon., Mar. 14, 1938.
- News-Journal, Mansfield, OH, Fri., Apr. 15, 1938.
- News-Journal, Mansfield, OH, Thu., Jan. 13, 1949.
- News-Journal, Mansfield, OH, Wed., Nov. 30, 1955.
- Crestline Advocate, Crestline, OH, Wed., Mar. 10, 2004.