First National Bank, Warren, OH (Charter 74)

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First National Bank, Warren, OH (Chartered 1863 - Liquidated 1902)

Town History

Warren is a city in and the county seat of Trumbull County, Ohio. The municipality is located in northeastern Ohio, approximately 14 miles northwest of Youngstown and 56 miles southeast of Cleveland. The population was 41,558 at the 2010 census. Warren is the second largest city in the Youngstown-Warren-Boardman, OH-PA Metropolitan Statistical Area, and anchors the northern part of that area.

Ephraim Quinby founded Warren in 1798, on 441 acres of land that he purchased from the Connecticut Land Company, as part of the Connecticut Western Reserve. Quinby named the town for the town's surveyor, Moses Warren. The town was the county seat of the Western Reserve, then became the Trumbull County seat in 1801.

During the latter decades of the nineteenth century and throughout the twentieth century, Warren remained an important trading and manufacturing center. By 1888, four railroads connected the community with other parts of Ohio. In that same year, there were five newspaper offices, seven churches, three banks and numerous manufacturing firms in Warren. The businesses manufactured a wide variety of products including linseed oil, furniture, barrel staves, wool fabric, blinds, incandescent bulbs, automobiles, and carriages.

During the late nineteenth and early twentieth centuries, steel production was a major industry in the county because of large deposits of coal and iron ore in surrounding counties. In recent years, many Warren residents have worked in local service and retail sales businesses. Many examples of late 19th and early 20th century architectural styles still stand in downtown Warren, including the Trumbull County Courthouse, which contains one of the largest courtrooms in the state of Ohio, and the Trumbull County Carnegie Law Library.

Warren had six National Banks chartered during the Bank Note Era, and all six of those banks issued National Bank Notes. Warren also had one Obsolete Bank that issued Obsolete Bank Notes during the Obsolete Bank Note Era (1782-1866).

Bank History

Chartered September 4, 1863
Succeeded Western Reserve Bank
Assumed Citizens Savings Bank Co. June, 1902
Liquidated July 30, 1902
Succeeded by 6353 (Union National Bank, Warren, OH)

Independent Banks, Free Banks and other banking institutions were subject to state taxes. A list of Free and Independent banks including the Western Reserve Bank was provided by the State Auditor's office in 1862 as shown below.

Ohio State Auditor's report of 1862
Independent Banks	Town	Free Banks	Town
Bank of Geauga	Painesville	Bank of Commerce	Cleveland
City Bank of Cleveland	Cleveland	Bank of Delaware	Delaware
City Bank of Columbus	Columbus	Bank of the Ohio Valley	Cincinnati
Commercial Bank of Cincinnati	Cincinnati	Bank of Marion	Marion
Dayton Bank	Dayton	Champaign County Bank	Urbana
Mahoning County Bank	Youngstown	Forest City Bank	Cleveland
Western Reserve Bank	Warren	Franklin Bank Portage Co.	Franklin
		Iron Bank of Ironton	Ironton
		Marine Bank of Toledo	Toledo
		Merchants' Bank	Massillon
		Mount Vernon Bank	Mount Vernon
		Springfield Bank	Springfield
		Stark County Bank	Canton

On July 25, 1863, the stockholders of the Western Reserve Bank voted to take out a charter as a National Bank, the name being changed to the First National Bank. At this time Henry B. Perkins was elected president and George Tayler, cashier. Mr. Perkins remained in this capacity until his death in March 1902. George Tayler died in 1864 and was succeeded as cashier by Matthew B. Tayler, who died in 1880. John H. McCombs was then named cashier, serving until his death in 1886 when William R. Stiles was elected cashier, remaining until 1902.

Shortly after the death of President Henry B. Perkins in March 1902, the bank was liquidated and succeeded by The Union National Bank. In May 1902, the Comptroller of the Currency approved the application of E.D. Kennedy and others to organize the Union National Bank of Warren, Ohio with capital of $100,000.

Official Bank Title(s)

1: The First National Bank of Warren, OH

Bank Note Types Issued

Original Series $1 bank note with pen signatures of M.B. Tayler, Cashier and H.B. Perkins, President. Courtesy of Heritage Auctions, www.ha.com

Series of 1882 Brown Back $10 bank note with pen signatures of Wm. R. Stiles, Cashier and H.B. Perkins, President. Courtesy of Lyn Knight Auctions, www.lynknight.com

A total of $949,150 in National Bank Notes was issued by this bank between 1863 and 1902. This consisted of a total of 103,172 notes (103,172 large size and No 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 - 3400
Original Series	4x5	1 - 6250
Original Series	3x10-20	1 - 5660
Series 1875	3x10-20	1 - 3456
1882 Brown Back	3x10-20	1 - 7027

Bank Presidents and Cashiers

Bank Presidents and Cashiers during the National Bank Note Era (1863 - 1902):

Presidents:

Henry Bishop Perkins, Sr., 1863-1901

Cashiers:

Other Bank Note Signers

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

Wiki Links

Sources

Warren, OH, Wikipedia, https://en.wikipedia.org/wiki/Warren,_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://bbdata.banknotehistory.com
Belmont Chronicle, Saint Clairsville, OH, Thu., Oct. 9, 1862.
The Jasper Weekly Courier, Jasper, IN, Fri., July 17, 1885.
The Cincinnati Enquirer, Cincinnati, OH, Sun., May 4, 1902.