First National Bank, Woodbine, IA (Charter 4745)

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Postcard of the First National Bank building in 1919.

First National Bank, Woodbine, IA (Chartered 1892 - Failed 1985)

Town History

Photo of the First National Bank building in 2016. Courtesy of Google Maps.

Woodbine is located in Harrison County in west central Iowa.

Woodbine was platted 1866 at the time the Chicago and North Western Railway was built through that territory. It was incorporated as a town in 1877. The town was named for the dense growth of the woodbine plant near the original town site.

During the National Bank Note Era, the population of Woodbine was 815 in 1890, nearly doubling to 1,538 in 1910, and dropping slightly to 1,348 in 1930. It's highest population was 1,564 in 2000, and the current population is estimated at 1,412 (2016).

For more information on the town of Woodbine, see their Wikipedia page.

Bank History

  • Organized May 21, 1892
  • Chartered Jun 1, 1892
  • Succeeded Commercial Banking Company
  • Failed Feb 7, 1985. Acquired with government financial assistance and subsequently operated as part of Iowa Savings Bank.

Official Bank Title(s)

1: The First National Bank of Woodbine, IA

Bank Note Types Issued

1902 Date Back $5 bank note with pen signatures of Geo. W. Coe, Cashier and H.B. Kling, Vice President
1929 Type 1 $20 bank note with printed signatures of Geo. W. Coe, Cashier and E. J. Cole, President. Courtesy of Heritage Auctions, www.ha.com

A total of $831,550 in National Bank Notes was issued by this bank between 1892 and 1935. This consisted of a total of 106,746 notes (88,656 large size and 18,090 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 - 4380
1882 Brown Back 3x10-20 1 - 1798
1882 Date Back 4x5 1 - 1628
1882 Date Back 3x10-20 1 - 1050
1902 Date Back 4x5 1 - 1650
1902 Date Back 3x10-20 1 - 1300
1902 Plain Back 4x5 1651 - 7960
1902 Plain Back 3x10-20 1301 - 5348
1929 Type 1 6x5 1 - 1522
1929 Type 1 6x10 1 - 784
1929 Type 1 6x20 1 - 212
1929 Type 2 5 1 - 1684
1929 Type 2 10 1 - 1013
1929 Type 2 20 1 - 285

Bank Presidents and Cashiers

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

Presidents:

  • Josiah Coe, 1892-1914
  • H. B. Kling, 1915-1919
  • E. J. Cole, 1920-1935

Cashiers:

  • H. M. Bostwick, 1892-1905
  • Geo. W. Coe, 1906-1931
  • S. R. DeCou, 1932-1935

Other Bank Note Signers

  • H. B. Kling, Vice President (1910-1914)

References

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