← The First National Bank of Michigan The Iron National Bank of →

The Gogebic National Bank of

Ironwood, Michigan

Charter
#9517
Bank ID
9517
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 133,160 660 25,239 3,439 77,598 26,224
1910 429,319 282,989 25,240 59,876 41,964 19,250
1911 516,007 263,746 25,000 169,376 34,691 23,194
1912 654,770 276,715 77,000 134,994 119,056 47,005
1913 999,340 476,019 25,000 266,824 181,418 50,079
1914 918,229 417,263 25,000 344,502 82,551 48,913
1915 854,381 304,135 25,000 343,595 133,002 48,559
1916 995,971 335,873 25,000 430,922 144,387 59,789
1917 1,316,873 335,227 72,057 612,194 63,393 234,002
1918 1,487,027 386,769 170,250 670,862 192,104 61,427 5,615
1919 1,973,801 476,664 155,494 739,537 508,404 92,452 1,250
1920 1,995,731 609,189 173,664 932,330 196,971 82,327 1,250
1921 1,849,715 620,507 236,076 831,120 97,235 63,092 1,685
1922 1,709,997 708,437 125,491 635,600 175,433 63,786 1,250
1923 1,997,673 830,003 103,251 769,777 212,763 80,629 1,250
1924 2,382,725 812,461 418,110 803,031 257,574 89,797 1,752
1925 2,317,879 806,044 335,777 859,690 219,048 96,070 1,250
1926 2,252,612 754,624 228,067 830,391 436,323 3,207
1927 2,277,321 798,763 233,201 900,117 339,216 6,024
1928 2,248,662 939,153 230,150 814,515 246,656 18,188
1929 2,229,923 1,036,684 225,800 625,949 236,464 105,026
1930 2,126,434 932,308 220,800 574,582 304,007 94,737
1931 1,848,440 741,256 253,300 374,071 383,621 96,192
1932 1,603,042 604,758 418,500 245,783 232,038 101,963
1933 1,486,881 456,774 513,278 212,443 208,316 96,070
1934 1,587,769 383,931 596,268 265,867 260,343 81,360
1935 1,669,042 380,435 512,231 301,208 400,259 74,909
1936 2,014,900 369,573 587,930 519,228 471,066 67,103
1937 2,027,018 347,468 503,969 677,025 437,270 61,286
1938 1,801,576 338,417 343,078 560,191 501,487 58,403
1939 1,972,520 368,322 497,675 571,772 477,948 56,803
1940 2,088,428 410,326 460,880 618,839 543,179 55,201
1941 2,184,136 496,870 587,630 596,504 442,891 60,241

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 50,000 0 0 25,000 0 36,164 22,000
1910 100,000 20,000 6,679 25,000 0 277,640 0
1911 100,000 20,000 6,381 25,000 13,338 349,788 1,500
1912 100,000 20,000 8,321 21,700 46,248 457,301 1,200
1913 100,000 25,000 12,096 24,300 88,249 747,295 2,400
1914 100,000 25,000 26,757 24,500 97,814 644,158 0
1915 100,000 25,000 22,079 24,600 398,831 273,631 10,240
1916 100,000 25,000 27,452 24,500 469,136 349,380 503
1917 100,000 25,000 35,086 23,300 526,913 606,098 476
1918 100,000 61,682 22,400 564,740 733,258 4,947
1919 100,000 82,539 20,300 862,144 899,279 9,539
1920 100,000 84,379 24,200 532,048 1,238,181 16,923
1921 100,000 86,472 25,000 465,517 1,159,607 13,119 0
1922 100,000 101,068 25,000 495,515 945,326 13,088
1923 100,000 100,649 25,000 550,097 1,218,296 3,631
1924 100,000 109,904 24,600 596,123 1,551,699 399
1925 100,000 97,114 24,700 556,201 1,496,562 3,602
1926 100,000 73,903 25,000 495,039 1,514,774 31,196 12,700
1927 100,000 86,904 25,000 498,059 1,525,154 22,004 20,200
1928 100,000 89,183 25,000 504,195 1,511,368 7,636 11,280
1929 100,000 50,000 38,715 25,000 1,847,043 165,000 4,165
1930 100,000 50,000 31,973 25,000 1,915,760 0 3,701
1931 100,000 50,000 24,551 50,000 1,623,889 0 0
1932 100,000 50,000 17,784 100,000 1,332,681 0 2,577
1933 100,000 50,000 9,969 100,000 1,225,096 0 1,816
1934 100,000 25,000 29,345 50,000 1,381,312 0 2,112
1935 100,000 25,000 33,941 1,507,905 0 2,196
1936 100,000 26,000 32,305 1,854,165 0 2,430
1937 100,000 27,000 33,816 1,863,970 0 2,232
1938 100,002 27,000 25,826 1,647,750 0 1,000
1939 100,000 27,000 29,237 1,815,283 0 1,000
1940 100,000 27,000 43,681 1,915,721 0 2,026
1941 100,000 76,500 23,022 1,978,058 0 6,556