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The Merchants National Bank of

Newark, New Jersey

Charter
#1818
Bank ID
1818
Years
1871–1926
Observations
56

Assets

Year assets loans odraft bonds_circ bonds_dep bond_premiums securities_and_mortgages securities securities_usgov securities_other due_from_ra due_from_other_nb due_from_other_nb_and_sb due_from_sb real_estate oreo_and_mortgages current_expenses exchanges bills_nb checks_and_other currency legal_tender specie cash_and_exchange lawful_money cash_exchange_and_reserve redemption_fund due_from_treasurer frb_reserve other_assets
1871 681,755.93 287,692.26 272.58 221,500 0 35,504.05 0 23,513.29 55,396.63 4,538.61 3,363.58 4,289.59 0 7,713 11,044.21 2,068.13 23,860 0 0
1872 900,636.23 352,789.07 0 300,000 0 43,166.72 0 116,517.56 16,449.80 2,994.52 3,511.11 7,287.84 0 3,773 9,718.36 3,835.25 40,593 0 0
1873 889,054.41 425,798.45 0 300,000 0 40,000 0 53,503.40 11,212.36 773.30 3,511.11 915.75 0 8,220 23,368.22 1,091.82 20,660 0 0
1874 766,991.41 317,941.38 0 300,000 0 47,254.65 0 22,973.36 16,262.87 3,567.21 6,435.92 0 12,239 10,800.50 2,941.52 13,075 0 13,500 0
1875 595,661.20 382,660.82 0 100,000 0 0 0 0 37,720.69 23,545.66 2,000 9,382.57 0 1,037 24,947.37 1,765.09 8,102 0 4,500 0
1876 587,105.23 347,958.15 0 150,000 0 8,750 0 0 23,615.33 8,565.56 2,000 7,696.22 0 1,463 20,478.32 242.15 10,886 950.50 4,500 0
1877 820,352.33 400,730.01 0 250,000 0 22,687.50 5,000 0 87,046.90 5,860.16 2,000 3,079.07 0 1,714 14,532.59 625.10 15,602 225 11,250 0
1878 891,069.71 404,797.82 0 250,000 0 16,000 0 0 146,316.57 5,562.94 7,691.54 7,207.49 0 2,691 13,228.48 221.87 23,247 2,855 11,250 0
1879 795,623.62 412,040.15 0 200,000 0 9,375 0 0 109,799.43 11,436.41 7,691.54 3,232.74 0 2,478 7,874.41 120.94 19,851 2,724 9,000 0
1880 817,733.07 376,896.84 0 200,000 0 0 0 0 70,878.38 19,180.56 60,000 2,748.77 0 1,915 41,505.59 739.93 24,982 9,886 9,000 0
1881 782,202.63 456,741.05 0 200,000 0 0 6,700 0 61,272.27 11,373.41 0 2,048.73 0 1,355 13,663.99 466.18 18,115 1,467 9,000 0
1882 988,901.57 593,907.72 223.04 200,000 0 0 6,700 0 44,693.71 22,345.17 1,750 2,791.34 0 6,913 68,603.65 500.44 25,172 6,301.50 9,000 0
1883 1,004,448.24 577,543.85 462.14 200,000 0 21,000 2,900 0 48,130.40 25,481.24 38,500 2,936.47 0 3,829 32,630.23 675.41 35,974 5,385.50 9,000 0
1884 1,110,715.23 640,040.49 650.71 200,000 0 19,600 2,200 0 109,494.09 14,803.56 38,500 2,821.91 0 3,106 23,668.53 398.94 39,774 6,657 9,000 0
1885 1,195,094.95 678,919.39 0 200,000 0 18,000 2,100 0 96,801.10 38,839.02 38,500 2,968.33 0 848 40,480.48 590.63 41,031 27,017 9,000 0
1886 1,182,843.06 715,911.42 1,769.59 200,000 0 18,000 1,900 0 52,451 24,440.16 38,500 2,598.23 0 5,776 24,136.41 453.25 58,047 29,860 9,000 0 0
1887 1,447,662.76 901,222.81 579.09 200,000 0 22,400 0 0 106,225.67 43,130.48 38,500 2,783.96 0 770 40,539.78 960.97 47,965 33,585 9,000 0 0
1888 1,717,209.29 998,132.11 1,118 200,000 100,000 35,525 0 0 94,484.31 74,255.79 40,000 2,968.74 27,472.80 443 15,642.08 982.46 75,589 41,596 9,000 0 0
1889 1,816,260 1,165,096.78 2,166.15 50,000 100,000 31,500 0 227,861.91 50,709.09 0 40,000 0 3,447.01 29,126.70 1,453 18,923.36 845 56,754 36,127 2,250 0 0
1890 1,870,335.38 1,282,448.38 1,953.35 50,000 0 6,500 0 135,218.17 118,024.81 0 45,000 0 3,645.01 74,316.72 0 12,058.61 1,051.33 93,836 44,033 2,250 0 0
1891 1,948,627.76 1,350,300.34 780.37 50,000 0 4,500 206,743.48 73,807.58 0 0 45,000 0 1,866.90 30,720.31 0 12,854.83 1,002.95 98,287 70,514 2,250 0 0
1892 1,984,471.42 1,315,654.87 838.01 50,000 0 3,000 10,000 255,983.75 53,274.79 0 45,000 0 3,969.13 31,232.37 0 11,973.20 935.30 134,849 65,511 2,250 0 0
1893 1,961,860.16 1,197,896.82 636.42 50,000 0 0 55,855 273,492.33 89,772.88 0 45,000 0 4,254.96 43,385.47 0 27,095.44 941.84 104,632 66,647 2,250 0 0
1894 1,988,158.17 1,235,210.95 562.58 50,000 0 0 2,910 354,529.04 94,743.89 0 45,000 0 67,498.77 0 3,947.62 1,405.32 91,743 38,357 2,250 0 0
1895 2,405,681.30 1,312,523.81 973.13 50,000 0 0 2,793 741,855.42 63,192.67 0 45,000 0 26,230.10 0 25,030.18 1,072.99 102,178 32,582 2,250 0 0
1896 2,286,479.40 1,420,293.17 1,498.84 100,000 0 4,125 2,793 359,510.73 77,712.89 0 45,000 0 37,540.98 0 33,251.41 1,648.38 163,901 34,704 4,500 0 0
1897 2,393,266.54 1,321,359.80 729.12 100,000 0 4,000 2,793 441,102.88 159,996.31 0 45,000 0 43,351.70 10,202 58,256.73 1,000 125,101 75,874 4,500 0 0
1898 2,351,264.94 1,426,484.21 3,503 100,000 0 4,000 2,793 344,971.20 91,112.45 0 45,000 0 63,637.59 27,873 36,695.06 1,704.43 113,862 85,129 4,500 0 0
1899 2,359,830.32 1,550,312.66 4,284.62 100,000 0 4,000 50,000 181,285.75 78,004.15 0 45,000 1,550 95,400.96 0 31,799.66 2,126.52 146,484 65,082 4,500 0 0
1900 2,566,749.82 1,625,640.32 3,596.19 50,000 0 0 11,550 430,760.06 88,789.05 0 45,000 0 42,615.74 0 34,155.06 1,328.40 153,946 76,869 2,500 0 0
1901 2,795,571.91 1,753,570.42 4,524.80 50,000 0 0 1,550 465,561.40 144,387.47 0 45,000 0 106,292.26 0 62,367.96 1,504.60 95,109 63,204 2,500 0 0
1902 2,705,730.90 1,767,818.12 1,521.05 50,000 0 0 1,500 377,196.52 192,824.48 5,699.27 45,000 0 50,967.31 0 35,434.53 1,745.62 108,410 65,114 2,500 0 0
1903 2,333,765.80 1,725,902.63 1,672.22 50,000 0 0 51,500 184,533.69 26,291.53 7,459.69 45,000 0 22,903.93 0 31,409.41 1,128.70 134,325 49,139 2,500 0 0
1904 3,156,326.78 2,054,436.38 3,097.62 50,000 0 0 52,879.22 503,773.31 83,748.13 6,897.70 146,868.50 0 0 34,636.62 0 28,226.18 1,015.12 150,798 37,450 2,500 0 0
1905 4,210,191 2,590,561 500,000 105,227 157,678
1906 4,421,092 2,855,281 507,500 277,455 624,833 156,023
1907 5,245,577 3,577,070 500,000 369,082 616,991 182,434
1908 4,887,065 2,825,695 500,000 610,702 730,252 220,416
1909 5,466,161 3,187,149 500,000 859,453 690,129 229,430
1910 5,927,662 3,786,976 500,000 776,844 659,949 203,893
1911 6,085,227 3,554,359 500,000 753,333 1,088,037 189,498
1912 6,187,941 3,947,978 515,000 837,805 697,033 190,125
1913 6,177,372 4,066,456 500,000 865,480 633,523 111,913
1914 6,000,153 3,817,246 500,000 840,534 631,976 210,397
1915 5,910,903 3,568,037 500,000 1,003,493 666,593 172,180
1916 7,222,261 3,914,178 500,000 1,442,347 1,038,259 327,476
1917 7,546,202 4,431,282 547,100 1,681,393 631,231 546,589
1918 8,798,795 5,056,251 962,157 1,863,774 668,144 221,671 26,798
1919 11,333,072 6,420,693 1,198,950 1,868,372 1,151,464 564,645 128,948
1920 18,691,965 10,815,725 1,988,379 2,966,254 1,908,412 853,406 159,789
1921 16,058,550 9,261,222 1,987,617 2,820,537 1,018,340 723,044 247,790
1922 16,246,581 9,914,333 1,726,864 2,749,230 1,067,815 602,414 185,925
1923 16,967,354 9,848,129 1,750,829 2,901,201 1,477,828 810,415 178,952
1924 18,494,490 8,658,539 1,741,534 5,783,541 1,329,607 791,628 189,641
1925 19,189,237 10,099,160 1,693,406 5,328,183 905,153 924,410 238,925
1926 24,608,236 14,528,221 1,682,587 5,222,678 2,905,786 268,964

Liabilities & Capital

Year capital surplus undivided_profits surplus_and_undivided_profits notes_nb deposits us_deposits individual_deposits demand_deposits time_deposits due_to_nb due_to_other_nb due_to_ra due_to_sb due_to_tc_and_sb due_to_banks due_to_banks_and_other_liabs bills_payable certified_checks unpaid_dividends other_liabs
1871 240,000 0 11,382.82 194,500 180,346.25 0 40,640.47 14,886.39 0 0 0
1872 300,000 3,600 8,907.26 270,000 234,690.16 0 82,722.81 0 0 716 0
1873 300,000 8,000 12,754.27 269,000 263,741.71 0 31,959.11 2,867.32 0 732 0
1874 300,000 8,000 22,426.94 264,200 148,137.44 0 24,067.03 0 0 160 0
1875 300,000 8,000 12,302.98 90,000 133,402.39 0 32,222.95 19,572.88 0 160 0
1876 250,000 9,000 7,986.96 119,000 169,966.87 0 30,342.40 0 0 809 0
1877 250,000 11,000 4,779.03 223,200 284,937.45 0 44,736.35 0 0 1,699.50 0
1878 250,000 7,000 7,577.83 225,000 349,724.06 0 51,487.32 0 0 280.50 0
1879 200,000 8,600 4,369.28 180,000 363,017.49 0 39,372.85 0 0 264 0
1880 200,000 17,000 5,439.60 178,800 350,595.16 0 65,874.31 0 0 24 0
1881 200,000 25,000 5,945.21 180,000 349,118.97 0 22,114.45 0 0 24 0
1882 200,000 40,000 7,397.82 180,000 491,211.32 0 69,953.43 0 0 0 339 0
1883 200,000 40,000 7,184.30 180,000 527,241.73 0 49,716.71 0 0 0 305.50 0
1884 200,000 40,000 6,092.91 176,000 637,162.88 0 50,573.94 0 0 0 885.50 0
1885 200,000 41,000 9,250.63 180,000 687,901.42 0 75,097.40 0 0 0 1,845.50 0
1886 200,000 50,000 12,139.04 180,000 664,409.82 0 73,132.70 0 0 0 3,161.50 0
1887 200,000 60,000 13,686.83 180,000 950,545.94 0 42,542.99 0 0 0 887 0
1888 200,000 75,000 14,255.72 176,100 1,087,272.44 100,000 62,660.13 0 0 0 1,921 0
1889 200,000 100,000 19,638.33 45,000 1,279,956.35 100,000 69,557.32 0 0 0 2,108 0
1890 200,000 100,000 35,356.29 45,000 1,361,216.10 0 108,244.58 0 0 16,723.41 3,795 0
1891 200,000 100,000 45,429.39 45,000 1,439,801.47 0 83,234.17 0 0 33,709.73 1,453 0
1892 200,000 100,000 64,216.33 43,800 1,444,328.63 0 82,248.07 0 0 48,654.39 1,224 0
1893 200,000 100,000 75,349.44 45,000 1,451,646.60 0 87,743.12 0 0 0 2,121 0
1894 200,000 100,000 80,897.66 41,270 1,494,578.04 0 69,534.47 0 0 0 1,878 0
1895 200,000 100,000 86,523.71 43,450 1,923,859.76 0 50,365.83 0 0 0 1,482 0
1896 200,000 100,000 94,171.26 85,350 1,737,076.14 0 68,825 0 0 0 1,057 0
1897 200,000 100,000 101,272.77 90,000 1,844,540.98 0 56,120.79 0 0 0 1,332 0
1898 200,000 100,000 91,950.78 87,170 1,808,144.58 0 63,075.58 0 0 0 924 0
1899 200,000 100,000 89,366.34 84,950 1,785,524.25 0 98,621.73 0 0 0 1,368 0
1900 200,000 100,000 112,749.67 50,000 1,986,961.72 0 6,537.68 109,444.75 0 0 0 0 1,056 0
1901 200,000 100,000 123,240.74 50,000 1,998,078.62 0 1,176.79 322,355.76 0 0 0 0 720 0
1902 200,000 100,000 117,215.26 50,000 1,986,411.14 0 17,340.89 233,718.22 0 286.39 0 0 759 0
1903 200,000 100,000 99,079.67 50,000 1,553,904.23 0 41,481.90 187,043.46 0 921.54 100,000 0 1,335 0
1904 500,000 500,000 100,042.89 46,350 1,698,994.40 0 19,632.34 289,885.15 0 0 0 0 1,422 0
1905 500,000 598,260 500,000 2,461,932
1906 500,000 606,005 500,000 0 2,424,886 390,201
1907 500,000 625,725 500,000 0 3,101,474 518,378
1908 500,000 500,000 130,487 453,800 0 3,081,681 221,097
1909 500,000 500,000 150,265 491,700 0 3,545,184 279,012
1910 500,000 500,000 199,503 500,000 0 3,786,632 441,526
1911 500,000 500,000 220,098 500,000 0 3,928,174 436,955
1912 500,000 500,000 255,966 488,200 6,609 3,973,538 463,628
1913 500,000 500,000 283,285 482,597 9,061 3,648,682 753,747
1914 500,000 500,000 286,191 491,500 25,650 3,686,106 510,706
1915 500,000 500,000 266,958 486,398 3,835,501 60,000 262,046
1916 500,000 500,000 276,087 488,800 4,891,793 119,071 446,509
1917 500,000 500,000 309,541 499,998 4,591,920 355,615 1,080,520
1918 500,000 819,198 489,600 5,433,060 446,136 1,110,801
1919 500,000 862,261 468,797 8,046,236 303,015 1,152,763
1920 1,350,000 1,746,491 831,988 12,170,537 314,107 2,278,842
1921 1,350,000 1,764,451 824,587 9,677,272 137,600 992,775 1,311,860
1922 1,350,000 1,820,064 842,397 10,661,073 94,158 1,330,840
1923 1,350,000 1,812,300 836,797 10,691,908 506,772 1,380,409
1924 1,350,000 1,895,180 850,002 11,264,990 1,279,901 1,226,385
1925 1,350,000 1,976,976 834,800 11,784,055 1,625,108 1,163,021
1926 1,350,000 2,103,998 850,000 16,242,948 1,927,868 1,462,241 671,181