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The Merchants National Bank of

Leominster, Massachusetts

Charter
#10059
Bank ID
10059
Years
1911–1941
Observations
31

Assets

Year assets loans securities_usgov securities_other cash_and_exchange lawful_money cash_exchange_and_reserve frb_reserve other_assets
1911†
1912 570,895 359,874 100,578 23,964 52,243 34,236
1913 538,444 320,934 100,578 28,757 52,870 35,305
1914 592,913 334,296 100,000 63,177 61,274 34,166
1915 734,521 415,491 100,000 115,934 71,361 31,735
1916 872,419 349,640 100,000 284,430 89,444 48,905
1917 1,056,067 475,173 100,000 283,323 59,626 137,945
1918 1,308,540 735,987 165,500 275,793 69,749 56,124 5,387
1919 1,505,693 799,693 202,343 329,424 93,029 70,078 11,126
1920 1,735,505 973,986 184,997 387,969 86,373 80,141 22,039
1921 1,810,665 815,319 158,126 555,372 197,718 73,140 10,990
1922 1,898,555 788,016 274,495 542,832 208,146 76,597 8,469
1923 2,092,844 1,043,887 184,756 623,238 143,909 87,335 9,719
1924 2,427,023 1,091,180 100,000 964,484 163,732 95,583 12,044
1925 2,829,765 1,547,478 100,000 976,222 155,073 42,522 8,470
1926 3,069,510 1,409,779 100,000 1,189,386 351,326 19,019
1927 3,354,266 1,554,866 150,500 1,367,942 253,325 27,633
1928 3,262,066 1,643,552 100,000 1,060,937 438,952 18,625
1929 3,129,417 1,725,883 100,000 887,520 377,129 38,930
1930 2,923,960 1,569,008 100,000 950,679 272,083 32,190
1931 2,840,501 1,421,274 130,352 938,660 312,428 37,787
1932 2,667,107 1,155,260 310,546 723,636 441,948 35,717
1933 2,679,956 1,066,956 376,147 660,584 548,956 27,313
1934 2,762,954 1,027,753 440,908 415,553 847,904 30,836
1935 2,713,426 1,012,595 213,080 519,554 938,925 29,272
1936 2,997,948 1,289,428 41,095 114,856 1,540,021 12,548
1937 2,677,994 1,359,017 628,520 19,600 631,069 39,788
1938 2,503,225 1,222,987 468,528 154,654 611,571 45,485
1939 2,731,853 1,569,500 43,047 122,169 954,651 42,486
1940 2,991,186 1,536,631 76,328 115,911 1,222,914 39,402
1941 3,264,956 1,488,879 529,108 94,461 1,113,871 38,637

† Yellow rows indicate estimated/filled-in observations (not directly reported in the source). ‡ Gray rows indicate years where the bank appears in the Historical NIC panel but no balance sheet was reported.

Liabilities & Capital

Year capital surplus undivided_profits surplus_and_undivided_profits notes_nb deposits us_deposits individual_deposits demand_deposits time_deposits due_to_banks due_to_banks_and_other_liabs other_liabs
1911†
1912 100,000 25,000 3,085 100,000 0 333,472 9,338
1913 100,000 25,000 5,519 100,000 0 302,505 5,420
1914 100,000 25,000 9,323 100,000 1,201 332,025 25,364
1915 100,000 25,000 10,483 98,600 479,338 0 21,100
1916 100,000 25,000 15,187 98,400 289,338 226,458 118,036
1917 100,000 25,000 17,537 98,200 370,285 320,695 124,350
1918 100,000 47,469 98,400 651,508 359,994 51,169
1919 100,000 55,428 100,000 728,550 442,822 79,093
1920 100,000 65,755 97,800 666,835 676,962 128,153
1921 100,000 74,774 98,400 792,383 729,627 15,481 0
1922 100,000 92,262 100,000 746,822 809,990 9,481
1923 100,000 97,115 97,900 742,644 1,023,725 21,327
1924 100,000 112,189 100,000 738,232 1,316,638 59,965
1925 100,000 143,322 98,000 928,453 1,508,800 51,049
1926 100,000 166,811 95,900 911,809 1,715,440 79,550 0
1927 100,000 189,694 97,200 939,410 1,852,752 75,210 100,000
1928 100,000 228,174 96,500 943,439 1,770,004 123,949 0
1929 100,000 200,000 46,943 100,000 2,682,474 0
1930 100,000 200,000 59,716 100,000 2,464,244 0
1931 100,000 200,000 27,800 100,000 2,412,700 0
1932 100,000 100,000 26,007 100,000 2,338,055 3,045
1933 100,000 50,000 31,099 100,000 2,398,804 53
1934 250,000 10,000 44,020 98,250 2,355,623 5,061
1935 250,000 50,000 22,080 2,383,513 7,833
1936 200,000 60,000 57,050 2,674,116 6,782
1937 200,000 70,000 42,852 2,357,163 7,979
1938 200,000 77,000 53,673 2,165,092 7,460
1939 200,000 80,500 62,744 2,374,146 14,463
1940 200,000 85,000 61,993 2,631,466 12,727
1941 200,000 90,000 75,896 2,884,381 14,679

† Yellow rows indicate estimated/filled-in observations (not directly reported in the source). ‡ Gray rows indicate years where the bank appears in the Historical NIC panel but no balance sheet was reported.