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The Mechanics National Bank of

Bayonne, New Jersey

Charter
#12990
Bank ID
12990
Years
1926–1941
Observations
16

Assets

Year assets loans securities_usgov securities_other cash_exchange_and_reserve other_assets
1926 633,065 387,381 0 107,388 135,645 2,651
1927 882,320 653,192 0 141,911 87,217 0
1928 1,408,401 1,091,448 0 183,960 132,989 4
1929 1,437,090 1,080,041 0 164,894 178,233 13,922
1930 1,452,540 1,005,654 0 207,960 220,071 18,855
1931 1,231,351 774,356 4,000 213,618 214,703 24,674
1932 1,060,617 586,343 4,000 204,472 239,509 26,293
1933 972,324 471,766 85,219 196,673 194,823 23,843
1934 1,162,485 470,420 83,652 145,105 436,784 26,524
1935 1,428,435 399,801 474,216 112,053 385,638 56,727
1936 1,640,333 492,139 375,701 66,626 668,239 37,628
1937 1,810,498 751,714 587,483 54,626 401,311 15,364
1938 2,011,006 759,291 432,775 53,588 746,866 18,486
1939 2,175,791 873,762 401,475 48,416 838,423 13,715
1940 2,561,693 949,063 338,175 28,865 1,222,589 23,001
1941‡

‡ 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
1926 140,000 77,807 164,353 98,992 83,048 68,865
1927 200,000 101,471 243,145 284,316 53,144 244
1928 200,000 110,097 505,717 539,993 52,594 0
1929 200,000 100,000 21,801 1,115,289 0
1930 200,000 100,000 31,913 1,120,626 0
1931 200,000 100,000 15,229 916,084 38
1932 200,000 79,401 0 781,216 0
1933 200,000 26,275 0 746,049 0
1934 200,000 21,774 0 940,711 0
1935 300,000 67,482 1,195,906 11
1936 300,000 71,515 1,411,848
1937 200,000 32,114 6,000 1,572,384 0
1938 200,000 30,000 18,305 1,762,701 0
1939 200,000 30,000 10,906 1,934,885 0
1940 200,000 30,000 14,129 2,317,564 0
1941‡

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