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The Hanover National Bank of

Ashland, Virginia

Charter
#12451
Bank ID
12451
Years
1924–1941
Observations
18

Assets

Year assets loans securities_usgov securities_other cash_and_exchange cash_exchange_and_reserve frb_reserve other_assets
1924 529,865 474,325 0 21,631 14,561 18,912 406
1925 614,017 546,870 100 26,330 18,279 22,368 70
1926 672,656 591,979 100 32,704 47,334 539
1927 724,237 651,236 100 33,414 39,404 83
1928 819,658 743,713 100 28,112 47,556 177
1929 752,255 659,501 100 29,775 56,945 5,934
1930 742,362 624,779 100 37,323 45,299 34,861
1931 682,186 584,596 350 25,358 38,154 33,728
1932 656,117 506,748 18,015 34,348 64,277 32,729
1933 613,008 474,101 16,519 36,913 44,662 40,813
1934 654,309 406,326 42,018 69,700 91,465 44,800
1935 722,683 377,482 54,317 93,921 148,121 48,842
1936‡
1937 889,429 342,762 89,319 176,277 227,228 53,843
1938 822,660 320,274 95,119 181,639 168,800 56,828
1939 843,581 294,628 106,195 189,506 199,136 54,116
1940 887,401 310,235 118,983 194,991 216,034 47,157
1941 989,463 269,699 132,471 217,699 325,127 44,466

‡ 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 deposits demand_deposits time_deposits due_to_banks other_liabs
1924 50,000 16,338 130,015 311,020 1,111
1925 50,000 18,127 159,970 381,035 1,497
1926 50,000 19,112 139,025 457,959 5,345 1,215
1927 50,000 22,369 176,246 467,735 3,419 4,468
1928 50,000 24,686 155,012 533,367 13,285 43,308
1929 50,000 12,000 17,332 672,384 539
1930 50,000 20,000 9,339 662,323 700
1931 50,000 20,000 10,587 600,899 700
1932 50,000 20,000 9,189 576,228 700
1933 50,000 20,000 9,191 533,117 700
1934 75,000 5,000 4,605 569,004 700
1935 75,000 5,000 10,100 632,380 203
1936‡
1937 64,625 18,475 12,536 793,611 182
1938 54,500 29,500 7,846 730,633 181
1939 50,000 35,000 8,694 749,705 182
1940 50,000 36,500 10,783 789,937 181
1941 50,000 37,500 12,599 889,182 182

‡ Gray rows indicate years where the bank appears in the Historical NIC panel but no balance sheet was reported.