← The First National Bank of Massachusetts The Middlesex National Bank of →

The Merchants National Bank of

Lowell, Massachusetts

Charter
#506
Bank ID
506
Years
1864–1901
Observations
38

Assets

Year assets loans odraft bonds_circ bonds_dep bonds_hand bond_premiums securities_and_mortgages securities due_from_nb due_from_ra due_from_other_nb due_from_other_nb_and_sb due_from_sb real_estate oreo_and_mortgages current_expenses internal_stamps exchanges bills_nb bills_sb checks_and_other currency legal_tender specie lawful_money us_debt redemption_fund due_from_treasurer suspense_assets other_assets
1864 377,185.56 213,969.41 117,000 6,149.73 1,952.57 12,000 21,692.60 4,421.25
1865 1,023,068.91 329,509.48 300,000 147,050 5,000 134,804.80 12,000 75,704.63 19,000
1866 1,142,210.15 413,275.89 300,000 166,700 140,116.18 10,000 19,000
1867 1,182,905.06 415,199.27 0 300,000 152,000 13,650 0 19,000 187,502.64 0 10,000 0 6,839 181 6,480.67 2,142.48 28,000 1,410 40,500 0 0
1868 1,102,414.93 433,201.84 79.01 320,000 147,000 0 0 9,000 128,832.19 0 0 0 0 7,147 0 7,502.45 2,022.22 45,296 2,334.22 0 0 0
1869 1,174,616.71 546,500.37 18,880.51 320,000 147,000 0 4,625 9,000 56,756.36 0 0 0 189.93 5,032 0 11,548.13 8,190.63 46,267 626.78 0 0 0
1870 1,213,641.99 605,894.89 490.40 320,000 92,000 0 0 14,000 51,296.31 0 0 0 516.65 0 14,439 33,646.25 3,044.99 75,874 2,439.50 0 0 0
1871 1,402,082.23 580,094.03 7,284.31 320,000 92,000 0 0 31,050 195,729.26 0 0 23,000 519.12 0 8,000 50,610.04 5,561.55 86,671 1,562.92 0 0 0
1872 1,280,653.09 577,659.54 801.96 420,000 76,500 0 12,198.12 20,000 69,829.56 0 0 20,000 1,020.53 0 7,457 17,086.32 5,402.06 51,000 1,698 0 0 0
1873 1,229,830.91 558,848.52 63.10 420,000 76,500 0 6,683.56 20,000 22,162.34 9,380.15 0 20,000 6,895.67 0 11,560 15,274.87 9,857.70 51,000 1,605 0 0 0
1874 1,293,841.21 661,571.39 1,131.70 420,000 55,700 0 0 20,000 31,494.27 1,632.67 20,000 528.53 0 7,863 9,017.98 4,682.87 13,000 29,218.80 0 18,000 0 0
1875 1,197,184.46 616,119.13 1,874.26 400,000 55,700 0 0 20,000 0 22,583.37 1,306.14 20,000 75.16 0 4,855 4,946.58 4,840.82 25,859 1,025 0 18,000 0 0
1876 1,229,821.81 550,603.06 1,001.54 400,000 50,000 50,000 8,625 20,000 0 42,009.54 538.55 20,000 109.66 0 21,176 4,458.13 1,108.40 34,932 7,259.93 0 18,000 0 0
1877 1,447,776.40 719,442.14 825.44 400,000 50,000 50,000 8,625 20,000 0 94,023.81 1,588.95 22,250 0 0 23,337 1,987.38 776.20 34,408 2,512.48 0 18,000 0 0
1878 1,128,145.54 474,860.18 816.59 400,000 0 70,200 8,768.52 20,000 0 33,414.59 1,297.32 22,250 0 0 16,916 1,061.48 34.10 27,702 2,824.76 0 18,000 30,000 0
1879 1,148,354.38 511,439.21 1,430.59 400,000 0 35,400 10,949.29 43,400 0 56,235.17 1,987.84 22,000 0 1,083.16 13,708 209.10 35.02 9,027 8,450 0 18,000 15,000 0
1880 1,610,361.18 802,737.08 0 400,000 0 5,850 0 12,000 0 281,468.24 3,381.32 20,000 0 3,251.28 11,475 75 63.63 45,186 6,873.63 0 18,000 0 0
1881 1,744,658.97 920,494.76 108.08 400,000 0 10,200 0 20,700 0 277,621.65 9,566.35 20,000 0 718.85 25,250 218.95 109.98 39,949 1,721.35 0 18,000 0 0
1882 1,401,106.65 729,399.78 1,698.13 400,000 0 200 0 22,875 0 158,995.03 7,796.49 20,000 0 3,617.15 2,431 688.23 190.54 25,072 10,143.30 0 18,000 0 0
1883 1,463,132.20 793,676.74 3,231.39 400,000 0 0 0 23,600 0 156,777.56 2,749.99 20,000 0 8,325 3,035 140.27 381.65 32,479 735.60 0 18,000 0 0
1884 1,460,538.96 775,200.02 266.75 400,000 0 0 0 23,600 0 162,203 6,064.19 20,000 0 2,736.87 10,355 12.10 258.28 36,452 5,390.75 0 18,000 0 0
1885 1,831,863.60 1,050,728.69 270.63 400,000 0 0 0 15,600 0 235,327.91 5,785.47 20,000 0 1,766.24 23,820 1,935.63 271.03 14,433 43,925 0 18,000 0 0
1886 1,587,431.35 1,047,197.15 377.93 204,000 0 0 0 15,600 0 197,497.35 22,825 20,000 12.41 608.82 4,840 27.70 782.89 16,919 47,563.10 0 9,180 0 0 0
1887 1,295,321.17 969,169.14 180.13 50,000 0 0 0 15,600 0 131,775.90 30,000 20,000 231.91 17,539.34 15,540 1 680.15 5,627 36,726.60 0 2,250 0 0 0
1888 1,519,345.54 1,073,635.35 3,559.07 50,000 0 0 0 0 0 259,893.24 45,000 20,000 25 2,456.79 10,950 0 316.59 8,094 43,165.50 0 2,250 0 0 0
1889 1,768,040.87 1,347,478.97 105.21 50,000 0 0 0 0 246,891.81 0 0 20,000 0 0 4,202.05 20,625 0 680.83 9,695 66,112 0 2,250 0 0 0
1890 1,645,979.28 1,310,445.56 124.92 50,000 0 0 0 0 171,315.85 0 0 20,000 0 20.90 6,011.85 15,595 0 251.95 21,450 48,513.25 0 2,250 0 0 0
1891 1,795,787.09 1,207,349.43 183.84 50,000 0 0 0 0 430,845.59 0 0 20,000 0 4,099.53 6,144.17 14,310 0 1,038.63 4,456 55,109.90 0 2,250 0 0 0
1892 1,335,534.32 1,067,838.83 7,141.34 50,000 0 0 0 0 128,542.23 0 0 20,000 1,200 0 3,977.77 7,545 0 578.15 13,410 33,051 0 2,250 0 0 0
1893 1,460,706.93 836,916.39 605.11 50,000 0 0 0 0 406,965.08 0 0 20,000 0 38.59 1,767.82 41,910 0 1,271.34 5,380 93,602.60 0 2,250 0 0 0
1894 1,465,970.12 866,173.63 4,419.15 50,000 0 0 0 0 405,646.55 0 0 20,000 0 1,638.80 23,750 0 640.19 31,505 59,946.80 0 2,250 0 0 0
1895 1,214,546.17 875,182.81 871.96 50,000 0 0 0 0 180,596.22 25,000 0 20,000 0 847 23,245 0 877.83 7,439 28,236.35 0 2,250 0 0 0
1896 1,262,944.23 917,342.10 1,284.89 50,000 0 0 0 10,000 198,793.80 0 0 20,000 0 613.70 15,115 0 472.64 19,737 27,335.10 0 2,250 0 0 0
1897 1,389,890.61 981,406.74 1,295.95 50,000 0 0 0 10,000 251,371.46 0 0 20,000 0 569.72 27,775 0 1,196.24 10,985 33,040.50 0 2,250 0 0 0
1898 1,373,372.08 1,071,852.90 3,836.73 50,000 0 0 0 10,000 108,972.94 0 0 20,000 0 81.65 38,510 0 1,399.31 12,671 53,797.55 0 2,250 0 0 0
1899 1,402,969.19 1,119,743.64 3,127.62 50,000 0 0 0 0 60,030.46 50,000 0 20,000 0 1,439.59 28,365 231 685.58 12,975 54,121.30 0 2,250 0 0 0
1900 1,536,107.78 1,039,556.84 83.78 100,000 0 0 0 0 173,790.81 0 100,191.50 20,000 0 330 0 39,210 213.06 1,428.34 19,192 37,111.45 0 5,000 0 0 0
1901 1,559,197.37 1,131,937.87 1,077.85 100,000 0 0 0 6,000 122,477.86 1,255.24 40,000 20,000 0 0 8,008.52 53,020 0 676.38 31,506 38,237.65 0 5,000 0 0 0

Liabilities & Capital

Year capital surplus undivided_profits notes_nb notes_sb deposits us_deposits usdo_deposits due_to_nb due_to_sb due_to_tc_and_sb unpaid_dividends
1864 150,000 700 4,257.15 0 94,017.88 114,992.66 13,217.87
1865 300,000 9,000 1,989.10 267,000 3,186 205,216.43 221,564.58 15,112.80
1866 300,000 14,000 5,349.71 266,755 878 405,511.44 149,716
1867 300,000 18,000 9,865.59 267,140 511 452,609.16 134,779.31 0 0 0
1868 300,000 40,000 13,125.69 266,820 0 437,629.45 44,401.79 438 0 0
1869 400,000 43,855 17,281.26 267,300 0 391,068.32 54,674.13 438 0 0
1870 400,000 50,000 13,884.64 267,300 0 431,585.50 39,533.85 938 0 0 10,400
1871 400,000 56,000 12,236.24 267,300 0 618,405.81 36,257.18 138 0 0 11,745
1872 400,000 63,000 6,621.15 360,000 0 411,564.69 31,829.25 138 0 0 7,500
1873 400,000 67,000 39,976.80 360,000 0 296,057.87 37,079.36 138 29,498.88 0 80
1874 400,000 8,000 8,134.03 347,200 0 487,835.74 28,695.93 0 0 0 13,975.51
1875 400,000 30,000 12,074.21 333,000 0 394,100 20,854.25 0 0 0 7,156
1876 400,000 35,000 5,058.85 360,000 0 397,374.63 21,387.29 0 21.04 0 10,980
1877 400,000 40,000 6,628.86 357,300 0 601,926.64 23,043.35 0 6,065.55 0 12,812
1878 400,000 44,000 9,974.46 358,100 0 307,500.28 0 0 988.80 0 7,582
1879 400,000 48,000 13,184.53 358,800 0 321,008.08 0 0 2,060.77 0 5,301
1880 400,000 2,500 39,664.25 354,100 0 797,095.91 0 0 8,988.02 0 8,013
1881 400,000 13,000 51,123.04 360,000 0 916,291.23 0 0 746.70 0 3,498
1882 400,000 25,000 38,896.82 359,900 0 570,390.76 0 0 381.57 0 6,537.50
1883 400,000 34,000 54,122.21 356,200 0 608,823.14 0 0 3,494.35 0 6,492.50
1884 400,000 40,000 63,593.82 331,150 0 615,402.44 0 0 245.20 0 10,147.50
1885 400,000 80,000 40,547.67 353,100 0 949,939.38 0 0 71.55 0 8,205
1886 400,000 80,000 62,711.40 182,000 0 855,449.40 0 0 4,800.55 0 2,470
1887 400,000 100,000 94,008.63 45,000 0 650,479.31 0 0 2,479.73 0 3,353.50
1888 400,000 100,000 108,723.14 45,000 0 861,390.19 0 0 971.21 0 3,261
1889 400,000 100,000 119,194.68 45,000 0 1,090,197.48 0 0 1,246.71 0 12,402
1890 400,000 100,000 109,924.15 45,000 0 901,283.76 0 0 86,051.37 0 3,720
1891 400,000 100,000 139,756.80 44,000 0 1,104,372.43 0 0 7,567.86 0 90
1892 400,000 100,000 122,158.74 42,510 0 646,125.87 0 0 10,558.71 0 14,181
1893 400,000 100,000 140,612.75 45,000 0 771,651.18 0 0 0 0 3,443
1894 400,000 100,000 149,148.56 44,100 0 769,251.56 0 0 0 0 3,470
1895 400,000 100,000 166,604.37 43,950 0 449,104.09 0 0 0 54,843.71 44
1896 400,000 100,000 176,538.75 44,170 0 468,920.35 0 0 0 71,683.13 1,632
1897 400,000 200,000 85,296.57 45,000 0 656,607.04 0 0 0 0 2,987
1898 400,000 200,000 92,838.52 44,990 0 635,543.56 0 0 0 0 0
1899 400,000 200,000 93,250.90 44,990 0 664,728.29 0 0 0 0 0
1900 400,000 200,000 105,968.42 97,640 0 619,847.46 0 0 0 112,651.90 0
1901 400,000 200,000 104,160.43 99,090 0 656,760.72 0 0 0 87,186.22 12,000