First National Bank, Tarkio, MO (Charter 3079)

First National Bank of Tarkio, MO and the adjoining Opera House.

First National Bank, Tarkio, MO (Chartered 1883 - Closed (Merger) 1986)

Town History

Needed: a recent photo of the bank or postcard.

Tarkio is a city in Tarkio Township, Atchison County, Missouri, United States. The population was 1,506 at the 2020 census. It was platted in 1880 and incorporated in 1881. The name "Tarkio" is from a Native American word meaning "place where walnuts grow". Historically, the economy of the city was based on agriculture and its status as a college town. (info courtesy of Tarkio Wiki page)

Bank History

Organized Sep 25, 1883
Chartered Dec 4, 1883
Bank was Open past 1935
For Bank History after 1935 see FDIC Bank History website
Merged into American Bank of Maryville, MO Jun 30, 1986

The First National Bank of Tarkio was organized in 1883 with nearly 100 shareholders and David Rankin was the first president. The bank was under the control of the Rankin family interests until 1930 and it issued national currency over a period of 53 years. In 1936, it was acquired by Lewis Schollian and Claude Templeton until it was sold to American Bank, Inc. David Rankin, a community stalwart in agriculture, was also active in other financial circles, serving as president of the First National Bank of Monmouth, Illinois and as a partner of the Savings Bank of Burlington Iowa. The banking firm of Rankin, Stevenson and Co., of Tarkio, was established when R.M. Stevenson, the cashier of the First National Bank of Monmouth, moved to Tarkio.

On Wednesday, May 22, 1918, at a meeting of the directors of the First National Bank and the Rankin Land Loan Co., officers were elected to fill the places made vacant by the death of W.F. Rankin. John A. Rankin, Sr., was elected president of the First National Bank and also of the Rankin Land & Loan Co., and J.W. Hanna was made vice president. J.D. Rankin was elected as a director of the bank and loan company.

Official Bank Title(s)

1: The First National Bank of Tarkio, MO

Bank Note Types Issued

1882 Brown Back $20 with Cashier signature E.N. Raines. Courtesy of Heritage Auctions, www.ha.com

1902 Date Back $10 with pen signature of E.N. Raines, Cashier and John A. Rankin, Vice President. Courtesy of Heritage Auctions, www.ha.com

1902 Plain Back $10 with pen signature of E.N. Raines, Cashier and stamped signature of J.D. Rankin, Vice President. Courtesy of Heritage Auctions, www.ha.com

1929 $10 Type 1 bank note with printed signatures of E.N. Raines, cashier and J.E. Travis, President. Provided by Dan Dieter

A total of $753,910 in National Bank Notes was issued by this bank between 1883 and 1986. This consisted of a total of 68,321 notes (59,696 large size and 8,625 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 - 3275
1882 Brown Back	3x10-20	1 - 613
1902 Red Seal	3x10-20	1 - 2190
1902 Date Back	3x10-20	1 - 3000
1902 Plain Back	3x10-20	3001 - 8846
1929 Type 1	6x10	1 - 1108
1929 Type 1	6x20	1 - 326
1929 Type 2	10	1 - 6
1929 Type 2	20	1 - 15

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1883 - 1986):

Presidents:

Cashiers:

Other Bank Note Signers

John A. Rankin (Sr.) signed notes as vice president
Jesse David Rankin, Vice President 1928...1935
There are currently no known Assistant Cashier bank note signers for this bank.

Wiki Links

Sources

Tarkio, MO, on Wikipedia
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
The Atchison County Main, Rock Port, MO, Fri., May 24, 1918.