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The Merchants National Bank of

Michigan City, Indiana

Charter
#9381
Bank ID
9381
Years
1909–1941
Observations
33

Assets

Year assets loans securities_usgov securities_other cash_and_exchange lawful_money cash_exchange_and_reserve frb_reserve other_assets
1909 194,094 80,679 25,379 43,738 31,794 12,504
1910 338,647 186,081 50,688 42,555 47,170 9,843
1911 406,730 206,791 50,688 92,924 40,217 16,110
1912 497,855 278,239 50,688 117,285 25,723 25,920
1913 575,786 303,842 102,470 108,823 39,500 21,151
1914 541,001 301,938 101,870 86,499 17,420 32,974
1915 557,925 305,146 101,250 97,520 42,145 11,864
1916 606,257 372,171 101,250 86,008 31,962 14,866
1917 653,582 383,211 109,100 93,564 25,698 42,009
1918 712,269 350,053 183,800 116,799 37,417 21,000 3,200
1919 903,871 432,022 199,862 190,675 40,479 28,000 12,833
1920 949,190 497,724 167,132 176,950 41,624 50,913 14,847
1921 1,099,715 594,487 182,889 210,216 65,407 41,964 4,772
1922 1,214,198 606,087 211,339 256,056 83,928 51,054 5,734
1923 1,370,964 767,835 222,978 252,072 70,736 50,000 7,343
1924 1,389,954 782,513 167,663 269,283 108,815 56,513 5,167
1925 1,491,820 823,335 195,494 318,255 84,929 64,000 5,807
1926 1,281,907 744,763 176,600 179,277 174,675 6,592
1927 1,354,143 747,668 191,760 219,601 190,075 5,039
1928 1,382,743 699,300 190,260 314,294 173,748 5,141
1929 1,522,710 788,052 192,260 192,650 235,320 114,428
1930 1,441,559 705,930 132,360 267,218 225,994 110,057
1931 1,151,874 508,616 170,360 135,177 212,481 125,240
1932 1,053,928 414,146 150,263 103,423 256,387 129,709
1933 991,238 323,709 155,287 158,485 218,327 135,430
1934 975,620 273,342 234,385 164,868 201,366 101,659
1935 1,078,564 297,796 260,767 216,900 205,271 97,830
1936 1,414,550 430,570 346,507 260,308 282,657 94,508
1937 1,725,194 528,242 628,978 111,549 350,488 105,937
1938 1,792,966 647,078 625,401 77,723 346,296 96,468
1939 1,928,738 735,055 616,505 133,470 351,293 92,415
1940
1941 2,736,719 1,146,632 499,441 435,357 577,138 78,151

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 bills_payable other_liabs
1909 100,000 25,000 0 25,000 0 44,102 0
1910 100,000 25,000 50,000 163,647 0 0 0
1911 100,000 25,000 498 50,000 0 231,232 0
1912 100,000 25,000 0 50,000 0 322,855 0
1913 100,000 25,000 436 98,900 2,145 349,305 0
1914 100,000 25,000 0 99,100 2,134 314,767 0
1915 100,000 25,000 0 100,000 153,076 179,849 0
1916 100,000 25,000 1,032 100,000 169,326 210,899 0
1917 100,000 25,000 1,156 97,600 186,832 242,994 0
1918 100,000 26,829 98,200 189,920 245,070 52,250
1919 100,000 36,740 100,000 303,898 359,669 3,564
1920 100,000 36,977 100,000 267,693 402,291 42,229
1921 100,000 32,829 99,000 362,785 464,144 5,957 35,000
1922 100,000 42,679 100,000 475,058 474,816 21,645
1923 100,000 48,544 97,600 556,826 527,346 10,648
1924 100,000 61,165 100,000 547,881 575,270 5,638
1925 100,000 70,972 100,000 638,451 562,326 20,072
1926 100,000 79,074 100,000 455,426 536,294 11,113 0
1927 100,000 69,582 98,400 486,594 587,804 11,763 0
1928 100,000 65,678 100,000 460,653 644,733 11,679 0
1929 100,000 25,000 44,686 95,440 1,257,584 0 0
1930 100,000 25,000 45,382 100,000 1,171,177 0 0
1931 100,000 25,000 30,475 100,000 896,399 0 0
1932 100,000 25,000 19,314 100,000 750,032 59,582 0
1933 100,000 25,000 13,662 100,000 723,351 29,225 0
1934 100,000 25,000 9,214 50,000 791,406 0 0
1935 100,000 25,000 18,547 935,017 0 0
1936 100,000 25,000 28,267 1,261,283 0 0
1937 100,000 25,000 33,895 1,566,299 0 0
1938 100,000 25,000 59,965 1,608,001 0 0
1939 100,000 25,000 43,423 1,760,315 0 0
1940 0
1941 100,000 25,000 60,840 2,534,618 0 16,261