The First National Bank of
Norway, Michigan
Assets
| Year | assets | loans | bonds_circ | bond_premiums | securities | securities_usgov | securities_other | due_from_ra | due_from_other_nb | due_from_sb | real_estate | bills_nb | checks_and_other | currency | legal_tender | specie | cash_and_exchange | lawful_money | cash_exchange_and_reserve | redemption_fund | frb_reserve | other_assets |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1903 | 256,888.90 | 162,404 | 12,500 | 777.34 | 19,469.21 | 43,383.94 | 3,261.95 | 0 | 1,834.31 | 880 | 111.75 | 173.30 | 2,750 | 8,718.10 | 625 | 0 | ||||||
| 1904 | 245,448.17 | 159,885.68 | 12,500 | 612.34 | 11,537.11 | 40,942.89 | 2,635.57 | 967.73 | 1,133 | 1,055 | 737.60 | 52.50 | 1,430 | 11,333.75 | 625 | 0 | ||||||
| 1905 | 334,558 | 198,831 | 50,000 | 10,357 | 12,078 | |||||||||||||||||
| 1906 | 401,151 | 270,101 | 52,428 | 11,032 | 47,191 | 20,396 | ||||||||||||||||
| 1907 | 443,812 | 322,907 | 50,528 | 9,235 | 45,879 | 15,263 | ||||||||||||||||
| 1908 | 441,915 | 304,188 | 50,000 | 29,686 | 45,262 | 12,779 | ||||||||||||||||
| 1909 | 477,461 | 278,421 | 50,000 | 67,136 | 50,259 | 31,645 | ||||||||||||||||
| 1910 | 461,729 | 270,595 | 50,000 | 65,218 | 44,888 | 31,028 | ||||||||||||||||
| 1911 | 483,401 | 271,121 | 50,000 | 75,168 | 51,393 | 35,719 | ||||||||||||||||
| 1912 | 541,358 | 297,614 | 50,000 | 99,077 | 64,913 | 29,754 | ||||||||||||||||
| 1913 | 692,980 | 397,309 | 50,000 | 114,275 | 89,732 | 41,664 | ||||||||||||||||
| 1914 | 633,033 | 338,789 | 50,000 | 124,727 | 88,980 | 30,537 | ||||||||||||||||
| 1915 | 587,765 | 341,003 | 50,000 | 126,438 | 47,674 | 22,650 | ||||||||||||||||
| 1916 | 709,112 | 381,034 | 50,000 | 163,688 | 83,168 | 31,222 | ||||||||||||||||
| 1917 | 761,084 | 397,850 | 62,500 | 169,743 | 33,264 | 97,727 | ||||||||||||||||
| 1918 | 783,364 | 314,316 | 131,500 | 167,927 | 136,766 | 29,055 | 3,800 | |||||||||||||||
| 1919 | 950,791 | 401,595 | 247,047 | 153,510 | 100,996 | 38,935 | 8,708 | |||||||||||||||
| 1920 | 1,022,749 | 484,434 | 136,500 | 203,017 | 154,703 | 34,184 | 9,911 | |||||||||||||||
| 1921 | 1,057,961 | 549,611 | 151,500 | 217,902 | 99,198 | 37,230 | 2,520 | |||||||||||||||
| 1922 | 990,033 | 490,191 | 91,500 | 260,660 | 112,192 | 32,960 | 2,530 | |||||||||||||||
| 1923 | 1,205,664 | 658,740 | 116,500 | 271,558 | 115,148 | 39,934 | 3,784 | |||||||||||||||
| 1924 | 1,452,018 | 717,847 | 85,000 | 466,255 | 126,532 | 52,448 | 3,936 | |||||||||||||||
| 1925 | 1,672,089 | 665,210 | 75,000 | 685,555 | 180,460 | 61,922 | 3,942 | |||||||||||||||
| 1926 | 1,708,253 | 532,590 | 75,000 | 927,325 | 169,129 | 4,209 | ||||||||||||||||
| 1927 | 1,792,454 | 511,879 | 75,000 | 987,406 | 213,753 | 4,416 | ||||||||||||||||
| 1928 | 1,788,008 | 546,955 | 75,000 | 973,754 | 188,549 | 3,750 | ||||||||||||||||
| 1929 | 1,731,527 | 527,896 | 75,000 | 878,535 | 198,289 | 51,807 | ||||||||||||||||
| 1930 | 1,704,954 | 547,656 | 75,000 | 882,888 | 145,332 | 54,078 | ||||||||||||||||
| 1931 | 1,497,846 | 414,193 | 75,000 | 830,371 | 124,927 | 53,355 | ||||||||||||||||
| 1932 | 1,175,927 | 236,895 | 75,000 | 745,857 | 64,219 | 53,956 | ||||||||||||||||
| 1933‡ | ||||||||||||||||||||||
| 1934 | 862,300 | 133,327 | 115,175 | 384,894 | 182,062 | 46,842 | ||||||||||||||||
| 1935 | 859,628 | 111,338 | 66,300 | 421,032 | 218,369 | 42,589 | ||||||||||||||||
| 1936 | 926,392 | 94,271 | 161,025 | 483,802 | 146,282 | 41,012 | ||||||||||||||||
| 1937 | 933,906 | 113,571 | 236,025 | 387,613 | 157,697 | 39,000 | ||||||||||||||||
| 1938 | 974,267 | 139,471 | 319,400 | 254,824 | 223,372 | 37,200 | ||||||||||||||||
| 1939 | 960,102 | 138,589 | 131,550 | 195,005 | 459,558 | 35,400 | ||||||||||||||||
| 1940 | 1,063,013 | 108,651 | 233,368 | 372,817 | 313,577 | 34,600 | ||||||||||||||||
| 1941 | 1,036,427 | 101,361 | 224,433 | 448,487 | 227,846 | 34,300 |
‡ 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 | unpaid_dividends | other_liabs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1903 | 50,000 | 1,500 | 2,391.17 | 12,500 | 190,467.73 | 0 | 30 | 0 | ||||||
| 1904 | 50,000 | 4,000 | 2,715.13 | 12,500 | 176,209.04 | 0 | 24 | 0 | ||||||
| 1905 | 50,000 | 8,492 | 50,000 | 226,065 | ||||||||||
| 1906 | 50,000 | 11,166 | 49,000 | 0 | 288,632 | 2,353 | ||||||||
| 1907 | 50,000 | 16,388 | 49,000 | 0 | 327,538 | 886 | ||||||||
| 1908 | 50,000 | 17,000 | 5,747 | 48,500 | 0 | 319,858 | 810 | |||||||
| 1909 | 50,000 | 20,000 | 5,680 | 50,000 | 0 | 349,970 | 1,811 | |||||||
| 1910 | 50,000 | 21,000 | 5,782 | 48,900 | 0 | 334,711 | 1,336 | |||||||
| 1911 | 50,000 | 23,000 | 6,112 | 46,800 | 0 | 356,049 | 1,440 | |||||||
| 1912 | 50,000 | 25,000 | 6,146 | 50,000 | 21,349 | 387,713 | 1,150 | |||||||
| 1913 | 50,000 | 27,000 | 6,368 | 46,800 | 35,509 | 523,348 | 3,955 | |||||||
| 1914 | 50,000 | 27,000 | 10,266 | 48,900 | 50,198 | 442,571 | 4,098 | |||||||
| 1915 | 50,000 | 28,000 | 14,398 | 45,300 | 149,665 | 299,255 | 1,147 | |||||||
| 1916 | 50,000 | 30,000 | 13,128 | 45,000 | 203,212 | 363,706 | 4,066 | |||||||
| 1917 | 50,000 | 30,000 | 10,499 | 45,500 | 155,884 | 461,047 | 8,154 | |||||||
| 1918 | 50,000 | 43,880 | 46,400 | 170,848 | 466,968 | 5,268 | ||||||||
| 1919 | 50,000 | 50,295 | 41,798 | 193,833 | 602,144 | 12,721 | ||||||||
| 1920 | 50,000 | 56,388 | 47,698 | 180,009 | 675,598 | 13,056 | ||||||||
| 1921 | 75,000 | 37,131 | 42,860 | 197,394 | 704,024 | 1,554 | 0 | |||||||
| 1922 | 75,000 | 42,060 | 49,300 | 179,684 | 641,677 | 2,312 | ||||||||
| 1923 | 75,000 | 49,305 | 72,600 | 255,656 | 753,103 | 0 | ||||||||
| 1924 | 75,000 | 51,314 | 72,000 | 272,156 | 973,588 | 7,960 | ||||||||
| 1925 | 75,000 | 47,650 | 74,300 | 343,120 | 1,099,677 | 23,944 | ||||||||
| 1926 | 75,000 | 51,689 | 73,300 | 257,960 | 1,248,802 | 1,502 | 0 | |||||||
| 1927 | 75,000 | 61,387 | 72,900 | 299,667 | 1,261,551 | 6,212 | 15,737 | |||||||
| 1928 | 75,000 | 57,948 | 70,600 | 222,341 | 1,351,303 | 2,416 | 8,400 | |||||||
| 1929 | 75,000 | 50,000 | 24,698 | 75,000 | 1,506,829 | 0 | ||||||||
| 1930 | 75,000 | 50,000 | 30,192 | 75,000 | 1,474,762 | 0 | ||||||||
| 1931 | 75,000 | 43,300 | 0 | 75,000 | 1,304,539 | 0 | ||||||||
| 1932 | 75,000 | 20,000 | 3,123 | 75,000 | 998,172 | 4,632 | ||||||||
| 1933‡ | ||||||||||||||
| 1934 | 75,000 | 10,000 | 46,764 | 50,000 | 680,276 | 260 | ||||||||
| 1935 | 75,000 | 25,000 | 21,811 | 737,797 | 20 | |||||||||
| 1936 | 75,000 | 27,000 | 21,596 | 801,976 | 820 | |||||||||
| 1937 | 75,000 | 29,000 | 22,057 | 806,982 | 867 | |||||||||
| 1938 | 75,000 | 30,000 | 15,314 | 853,929 | 24 | |||||||||
| 1939 | 75,000 | 31,000 | 14,901 | 838,425 | 776 | |||||||||
| 1940 | 75,000 | 32,000 | 1,157 | 954,055 | 801 | |||||||||
| 1941 | 75,000 | 33,000 | 3,516 | 923,986 | 925 |
‡ Gray rows indicate years where the bank appears in the Historical NIC panel but no balance sheet was reported.