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The Merchants National Bank of

New Bedford, Massachusetts

Charter
#799
Bank ID
799
Years
1865–1941
Observations
77

Assets

Year assets loans odraft bonds_circ bonds_dep bonds_hand bond_premiums securities securities_usgov securities_other due_from_nb due_from_ra due_from_other_nb due_from_other_nb_and_sb due_from_sb internal_stamps exchanges bills_nb checks_and_other currency legal_tender specie cash_and_exchange lawful_money cash_exchange_and_reserve us_debt redemption_fund due_from_treasurer frb_reserve other_assets
1865 1,774,955.94 795,097.80 534,000 265,800 89,312.43 90,745.71
1866 1,853,681.07 917,291.25 535,500 214,250 80,039.73
1867 1,946,753.78 983,246.55 424.31 535,500 150,000 59,000 0 68,078.43 0 1,017 23,046.22 2,141 37,755 905.27 85,640 0
1868 1,769,790.70 921,946.94 0 535,500 150,000 100 0 85,444.86 0 0 2,971 2,693.15 5,437.56 52,100 12,537.19 1,060 0
1869 2,055,435.14 1,233,962.74 0 535,500 150,000 0 0 64,505.04 760.65 0 3,542 1,937.86 4,794.85 53,000 7,432 0 0
1870 2,290,823.28 1,395,636.69 2,575.51 535,500 150,000 40,000 0 91,433.87 2,886.67 0 0 2,500 4,664.10 3,002.01 54,757 7,867.43 0 0
1871 2,429,093.78 1,380,495.06 2,879.80 667,000 150,000 55,000 0 96,620.11 1,316.48 1,371.21 0 439 2,242.05 3,545.97 66,000 2,184.10 0 0
1872 2,457,816.27 1,427,758.97 1,726.65 667,000 150,000 70,000 0 80,990.07 811.71 0 0 1,085 383.86 1,221.44 51,312 5,526.57 0 0
1873 2,511,110.40 1,498,143.99 2,542.15 667,000 150,000 40,000 0 63,915.47 3,029.63 4,916.45 0 2,118 0 3,726.71 66,310 9,408 0 0
1874 2,526,240.70 1,593,047.44 6,128.74 667,000 150,000 0 0 28,565.66 2,945.57 0 2,427 0 2,672.39 22,500 5,253.90 0 45,700 0
1875 2,912,552.99 1,851,391.28 30,064.39 817,000 100,000 0 0 0 47,592.92 6,057.64 0 6,015 0 1,907.52 14,093 1,681.24 0 36,750 0
1876 2,992,450.54 1,952,766.04 1,298.74 817,000 100,000 0 0 0 47,127.77 3,231.54 0 5,014 0 848.14 26,600 806.41 0 37,757.90 0
1877 2,817,625.47 1,732,640.67 811.48 817,000 100,000 0 0 0 93,509.59 2,775.39 0 1,835 2,119.25 0 22,400 3,769.09 0 40,765 0
1878 2,694,762.58 1,535,831.45 2,239.99 889,000 0 61,000 0 0 137,255.53 792.83 0 7,987 0 0 13,000 7,655.78 0 40,000 0
1879 2,751,701.40 1,655,086.30 469.27 889,000 0 25,100 0 0 99,950.49 2,081.64 0 8,421 0 0 16,700 13,892.70 0 41,000 0
1880 2,766,189.04 1,681,757 185.87 889,000 0 10,600 0 0 89,881.68 3,014.88 0 11,401 0 0 23,400 16,948.61 0 40,000 0
1881 3,091,455.61 2,024,206.69 188.77 889,000 0 11,350 0 0 78,837.06 3,309.01 0 4,664 16,141.41 0 16,250 7,508.67 0 40,000 0
1882 3,136,589.39 1,997,514.51 888.84 900,000 0 2,650 0 0 146,090.96 1,231.76 0 10,947 0 0 26,810 9,956.32 0 40,500 0
1883 3,101,353.01 1,967,031.20 113.22 915,000 0 0 0 0 120,781.69 3,024.07 0 17,788 0 0 23,500 13,164.83 0 40,950 0
1884 3,154,719.80 2,048,458.17 234.85 935,000 0 0 0 0 70,245.42 1,849.92 0 11,723 0 0 24,500 20,678.44 0 42,030 0
1885 3,191,399.05 2,066,137.20 158.04 937,000 0 0 0 0 79,805.49 3,328.83 0 8,685 0 0 35,800 18,319.49 0 42,165 0
1886 3,033,632.88 1,889,781.99 50.80 937,000 0 0 0 0 114,407.34 2,626.96 0 12,669 1,892.01 0 3,900 30,479.78 0 40,825 0 0
1887 3,161,910.65 1,968,458.92 583.28 937,000 0 0 0 0 164,987.31 6,111.50 0 2,911 2,528.70 0 7,681 29,483.94 0 42,165 0 0
1888 2,998,449.95 1,943,657.27 37.71 737,000 100,000 0 0 0 115,265.52 6,519.04 0 9,952 8,425.89 0 8,900 35,527.52 0 33,165 0 0
1889 2,963,186.77 1,862,104.51 222.24 452,500 100,000 0 0 317,917.75 146,277.33 5,045.93 0 0 1,046 4,215.89 0 5,700 47,794.62 0 20,362.50 0 0
1890 2,405,620.31 1,904,851.32 1,723.04 50,000 0 0 0 285,499.41 81,398.62 8,182.46 0 0 2,933 1,031.50 0 4,270 63,480.96 0 2,250 0 0
1891 2,402,262.14 2,040,008.54 221.51 50,000 0 0 0 128,860.27 100,596.99 8,014.37 0 0 2,200 876.50 0 5,505 63,728.96 0 2,250 0 0
1892 2,552,465.17 2,152,635.55 772.49 50,000 0 0 0 192,336.57 51,434.27 7,354.30 0 0 3,400 441.63 0 9,100 82,740.36 0 2,250 0 0
1893 2,530,429.78 2,146,947.97 296.47 50,000 0 0 0 122,041.04 88,237.85 5,390.68 0 0 8,500 5,840.06 0 18,620 82,305.71 0 2,250 0 0
1894 2,524,204.30 2,045,178.73 1,839.76 50,000 0 0 0 170,281.49 163,549.05 2,753.55 0 0 3,500 6,204.90 2,181.82 2,125 74,340 0 2,250 0 0
1895 2,688,043.43 2,067,978.74 3,819.28 50,000 0 0 0 389,106.75 64,759.23 13,245.40 0 0 2,280 5,172.15 0 4,815 84,616.88 0 2,250 0 0
1896 2,808,042.01 1,939,460.56 790.30 270,000 0 50,000 32,295.46 285,636.92 81,007.88 8,452.47 0 0 13,285 649.43 0 38,000 76,313.99 0 12,150 0 0
1897 3,059,298.24 2,103,948.90 1,166.82 320,000 0 0 32,295.46 355,117.83 99,125.98 9,947.12 0 0 9,720 201.17 0 45,000 68,374.96 0 14,400 0 0
1898 3,184,009.15 1,791,670.52 1,460.23 320,000 100,000 17,000 49,670.46 518,252.29 231,767.34 7,961.25 0 0 8,250 1,932.85 0 42,500 75,954.21 0 14,400 3,190 0
1899 3,656,034.82 1,983,145.43 2,851.18 440,000 150,000 0 0 443,845.40 449,336.64 37,647.34 0 0 19,100 6,864.82 0 11,820 92,124.01 0 19,800 0 0
1900 3,397,266.82 1,951,307.82 442.41 252,000 200,000 0 0 514,162.86 281,349.65 74,317.92 0 1,015.85 0 9,228 3,508.43 0 5,931 91,402.88 0 12,600 0 0
1901 3,686,782.46 2,206,158.81 992.22 302,000 200,000 0 0 618,704.78 224,405.31 11,261.02 0 310.78 4,727.44 3,480 487 0 10,965 88,190.10 0 15,100 0 0
1902 3,592,450.21 2,226,322.33 1,053.69 52,000 200,000 0 0 738,595.09 277,446.18 0 0 0 6,044.81 1,850 0 0 6,150 80,388.11 2,600 0 0
1903 3,673,122.18 2,245,631.13 1,073.54 187,000 205,000 0 0 623,833.73 243,923.19 3,307.38 0 0 0 10,780 611.62 0 11,500 111,111.59 9,350 0 20,000
1904 3,803,502.92 2,415,413.30 1,578.70 277,000 32,000 0 50,000 438,515.64 345,855.33 1,417.18 0 0 5,886.77 5,500 0 0 11,500 98,986 13,850 0 106,000
1905 3,977,725 2,464,263 278,500 653,725 131,134
1906 4,597,129 2,906,280 550,000 707,344 290,416 143,089
1907 5,275,775 3,244,375 564,000 769,565 537,813 160,022
1908 4,901,323 3,056,799 580,000 803,644 261,963 198,917
1909 5,090,424 3,101,016 581,000 754,172 457,818 196,418
1910 5,013,290 3,212,436 581,000 683,307 281,535 224,812
1911 4,910,022 3,133,801 581,000 699,539 326,279 169,403
1912 5,237,016 3,600,706 615,000 646,506 151,191 223,613
1913 5,223,245 3,599,415 618,000 432,153 416,289 157,388
1914 5,506,419 3,580,370 618,000 522,640 546,697 238,712
1915 5,611,473 3,715,555 618,000 683,988 368,152 225,778
1916 6,378,586 3,987,938 618,000 891,886 613,480 267,282
1917 6,887,935 4,014,043 749,600 982,055 355,962 786,274
1918 7,255,139 4,547,444 938,350 927,034 580,247 231,802 30,262
1919 10,520,440 5,650,703 1,996,907 1,388,214 1,145,249 306,223 33,144
1920 12,048,791 7,368,648 1,424,097 1,662,457 912,349 546,228 135,012
1921 10,770,516 6,108,737 1,766,343 1,768,194 674,938 408,666 43,638
1922 11,180,260 6,293,736 1,610,298 1,912,129 834,044 466,629 63,424
1923 12,555,978 7,652,423 1,868,898 1,948,644 541,034 509,184 35,795
1924 12,496,886 7,797,947 1,887,036 1,922,946 463,486 389,531 35,940
1925 14,624,488 9,513,671 1,856,798 2,053,541 706,696 440,362 53,420
1926 13,642,399 8,477,372 2,059,612 2,064,727 987,327 53,361
1927 15,585,101 8,981,414 2,297,618 3,152,543 1,098,586 54,940
1928 13,596,994 8,345,065 712,904 3,450,434 1,020,754 67,837
1929 14,982,377 9,287,133 614,559 3,382,654 1,400,781 297,250
1930 14,346,840 7,935,936 937,169 4,029,129 1,067,249 377,357
1931 12,104,118 6,588,113 937,169 3,207,485 1,060,927 310,424
1932 10,333,702 5,539,626 940,466 2,931,538 566,226 355,846
1933 9,547,613 4,511,032 1,553,346 2,440,770 665,063 377,402
1934 8,872,034 3,225,880 2,008,888 2,224,871 1,164,310 248,085
1935 9,137,625 3,063,123 2,560,109 2,103,173 1,217,156 194,064
1936 10,525,287 2,740,553 2,800,100 2,698,776 2,077,139 208,719
1937 10,629,331 2,710,968 2,900,000 2,792,347 2,007,456 218,560
1938 10,813,093 2,430,474 3,100,000 2,560,664 2,546,288 175,667
1939 11,997,361 2,710,154 3,100,000 2,093,000 3,951,704 142,503
1940 13,631,464 2,885,375 1,250,000 1,822,000 7,536,290 137,799
1941 14,299,375 3,469,492 4,875,000 982,000 4,827,616 145,267

Liabilities & Capital

Year capital surplus undivided_profits surplus_and_undivided_profits notes_nb notes_sb deposits us_deposits individual_deposits demand_deposits time_deposits due_to_nb due_to_other_nb due_to_sb due_to_banks due_to_banks_and_other_liabs bills_payable unpaid_dividends us_bond_account other_liabs
1865 600,000 170,603.37 41,416.46 409,870 61,649 417,205.36 46,404.30 27,807.45
1866 600,000 180,500 30,409.64 479,640 16,138 475,490.40 58,469.91 13,033.12
1867 600,000 192,000 51,495.33 479,212 12,413 538,179.26 68,324.59 5,129.60 0 0 0 0
1868 600,000 240,000 29,650.71 479,005 11,622 356,925.63 50,315.71 2,271.65 0 0 0
1869 800,000 300,000 38,420.28 478,200 0 390,574.17 24,433.95 23,806.74 0 0 0 0
1870 1,000,000 300,000 81,078.35 476,500 0 363,062.99 49,573.89 10,729.42 0 0 9,878.63 0 0
1871 1,000,000 375,000 15,776.73 599,000 0 343,595.91 47,282.60 5,595.08 0 0 42,843.46 0 0
1872 1,000,000 446,710.33 65,375.11 598,200 0 288,464.81 51,226.93 6,445.83 341.26 0 1,052 0 0
1873 1,000,000 487,505.79 68,947.91 597,700 0 301,220.04 50,825.40 4,113.76 0 0 797.50 0 0
1874 1,000,000 518,242.56 48,952.76 582,500 0 307,472.76 51,465.92 16,924.70 0 0 682 0 0
1875 1,000,000 530,000 54,710.83 735,260 0 450,713.24 34,725.06 6,473.86 0 100,000 670 0 0
1876 1,000,000 530,000 0 727,900 0 643,876.08 40,317.61 28,671.35 0 0 21,685.50 0 0
1877 1,000,000 500,000 0 726,100 0 418,005.91 32,914.73 26,726.83 0 100,000 13,878 0 0
1878 1,000,000 400,000 18,939.17 800,000 0 453,311.29 0 5,691.12 0 0 16,821 0 0
1879 1,000,000 400,000 20,041.63 799,980 0 508,531.21 0 12,615.56 0 0 10,533 0 0
1880 1,000,000 400,000 20,217.72 800,000 0 463,644.69 0 14,739.63 0 50,000 17,587 0 0
1881 1,000,000 400,000 28,751.68 799,940 0 679,124 0 31,653.43 0 132,206.50 19,780 0 0
1882 1,000,000 400,000 56,889.93 810,000 0 824,509.58 0 33,693.88 0 0 11,496 0 0
1883 1,000,000 400,000 111,987.26 819,000 0 721,985.30 0 31,002.45 0 0 17,378 0 0
1884 1,000,000 400,000 172,043.59 841,500 0 687,356.69 0 53,123.02 0 0 696.50 0 0
1885 1,000,000 500,000 6,500 843,300 0 757,350.95 0 65,442.60 0 0 18,805.50 0 0
1886 1,000,000 500,000 12,805.25 841,960 0 588,209.40 0 82,513.23 0 0 8,145 0 0
1887 1,000,000 500,000 17,075.80 837,365 0 718,442.64 0 77,286.71 0 0 11,740.50 0 0
1888 1,000,000 500,000 20,545.95 663,300 0 644,818.20 110,022.50 50,227.80 0 0 9,535.50 0 0
1889 1,000,000 500,000 78,359.97 407,250 0 814,663.97 110,000 52,179.33 0 0 733.50 0 0
1890 1,000,000 500,000 32,029.44 45,000 0 740,364.25 0 66,905.62 0 0 21,321 0 0
1891 1,000,000 500,000 101,197.80 45,000 0 637,511 0 116,523.84 0 0 2,029.50 0 0
1892 1,000,000 500,000 140,532.67 45,000 0 790,077.45 0 75,082.05 0 0 1,773 0 0
1893 1,000,000 500,000 112,858.21 45,000 0 774,400.70 0 49,050.37 0 30,000 19,120.50 0 0
1894 1,000,000 500,000 108,444.24 45,000 0 800,788 0 47,859.06 0 0 22,113 0 0
1895 1,000,000 500,000 160,298.59 45,000 0 926,562.91 0 55,155.93 0 0 1,026 0 0
1896 1,000,000 500,000 136,718.19 243,000 0 817,678.25 0 70,399.07 0 30,000 10,246.50 0 0
1897 1,000,000 500,000 141,021.68 288,000 0 1,021,404.74 0 72,577.32 25,000 0 11,294.50 0 0
1898 1,000,000 500,000 169,749.18 288,000 0 1,022,053.42 100,002.50 103,399.05 0 0 805 0 0
1899 1,000,000 500,000 206,380.20 393,170 0 1,376,917.87 147,502.50 30,436.25 0 0 1,628 0 0
1900 1,000,000 500,000 219,553.06 252,000 0 1,198,078.32 190,000 25,529.45 0 0 1,516 0 10,589.99
1901 1,000,000 500,000 244,063.45 302,000 0 1,408,377.95 200,000 21,778.21 0 0 1,560 0 9,002.85
1902 1,000,000 500,000 257,332.81 52,000 0 1,539,311.75 200,000 12,138.67 0 0 1,336 0 30,330.98
1903 1,000,000 500,000 282,871.23 187,000 0 1,411,395.38 220,000 13,730.85 0 0 600 0 57,524.72
1904 1,000,000 500,000 295,970.57 277,000 0 1,540,663.02 132,000 8,773.57 0 0 1,624 30,500 16,971.76
1905 1,000,000 810,952 277,000 1,868,236
1906 1,000,000 861,689 450,000 200,000 2,071,511 13,929
1907 1,000,000 969,939 549,998 200,000 2,457,820 98,018
1908 1,000,000 500,000 508,178 579,997 50,000 2,117,119 146,029
1909 1,000,000 500,000 555,354 579,998 1,000 2,390,134 63,938
1910 1,000,000 1,000,000 149,074 569,898 1,000 2,208,302 85,016
1911 1,000,000 1,000,000 194,407 573,097 1,000 2,077,134 64,384
1912 1,000,000 1,000,000 242,819 580,000 23,632 2,057,956 332,609
1913 1,000,000 1,000,000 296,070 580,000 25,695 2,166,268 155,212
1914 1,000,000 1,000,000 269,560 577,000 28,000 2,421,204 210,655
1915 1,000,000 1,000,000 364,084 573,500 2,510,275 0 163,614
1916 1,000,000 1,000,000 347,954 575,200 3,296,055 0 159,377
1917 1,000,000 1,000,000 325,628 576,400 3,817,030 57,729 111,147
1918 1,000,000 1,403,317 569,200 3,870,929 69,611 342,082
1919 1,000,000 1,434,515 575,200 5,701,437 840,826 968,462
1920 1,000,000 1,599,949 565,700 6,381,931 1,430,228 1,070,983
1921 1,000,000 1,613,888 570,798 5,079,431 1,468,785 215,968 821,646
1922 1,000,000 1,682,190 575,198 5,248,309 2,359,939 277,020
1923 1,000,000 1,780,312 575,197 5,684,303 2,381,051 327,115
1924 1,000,000 1,928,611 575,200 5,309,075 3,118,235 557,765
1925 1,000,000 2,018,920 551,900 5,774,562 3,474,201 615,233
1926 1,000,000 1,948,616 560,200 5,704,262 3,656,756 390,799 381,766
1927 1,000,000 2,016,532 560,200 5,697,322 5,497,081 710,792 103,174
1928 1,000,000 1,883,822 552,750 5,694,639 3,032,356 635,386 798,041
1929 1,500,000 2,500,000 466,406 560,200 9,935,536 0 20,235
1930 1,500,000 2,500,000 302,731 560,200 8,968,785 500,000 15,124
1931 1,500,000 1,500,000 312,574 555,700 6,885,344 1,350,500 0
1932 1,500,000 750,000 809,391 560,200 6,027,111 583,538 103,462
1933 1,500,000 750,000 297,908 762,420 6,237,114 0 171
1934 750,000 250,000 215,000 500,000 7,108,152 0 48,882
1935 500,000 260,000 226,000 8,099,767 0 51,858
1936 500,000 300,000 230,000 9,416,164 0 79,123
1937 500,000 350,000 250,000 9,420,276 0 109,055
1938 500,000 400,000 312,500 9,526,599 0 73,994
1939 500,000 500,000 292,500 10,601,908 0 102,953
1940 500,000 500,000 330,500 12,171,110 129,854
1941 500,000 500,000 400,000 12,772,119 0 127,256