The Dickinson press., 1906-11-24
Leading Banking Houses.


kota in banking matters as the statement
OF the First National bank at the close of
business November IL shows. 1t is a
phenominal record that this financial
institution makes, which gives it first
rank in the state. The statement shows
SI,o2I ,2o8.I8 in loans and discounts, and
S1,2oo,8,8.76 in deposits. The First
National is capitalized at $4,000 and
carries surplus fund of Siooooo, and
undivided profits of So6,7o2 81.
Last week the Tribune made claim
that the First National bank of Bismarck,
with loans of s68o,252 81 and deposits of
SIo1o,7oo 81, was one of the leading
financial institutions of the Northwest.
Cashier r. H. Johnson wrote the tribune
dent billiards bank, whereupon the
Tribune comments editorially ana is
willing to divide honors. In closing, the
Tribune writer cites the fact that the big
Dickinson bank carries s624,ooo in ,tir,e
deposits against Slo1 o41 in the Bismarck
bank, as if time deposits were not indie
ative of strength. The management of
the aforesaid Bismarck bank stands very
close to the present state regime-its
president, Col c: B. Little, being state
senator-and without question the insti-
tuition carries large amount of state
money. Analyzing the Bismarck bank
statement it is found that included in
their million dollar line of deposits is
S166, I.64 due to other banks, and as
IS. depository and disburser sum of
$4,000 is shown, or total of S2I6, 1881 "a,
reducing the balance of deposits to less
than S8oo,ooo. The sum total of the
whole thing is that the Dickinson bank
shows S432,o5o.oo more time deposits and
sS,ooo.oo more individual deposits than
Col. Little's bank.
FAVORABLE COMPARISON.
The Forum calls attention to the in.
crease of the money volume in Fargo
saying, that the local banks have $500 ooc
more deposits now than year ago. The
Dickinson banks had deposits of s1,1oo,
05o.44. year ago, against sI,578,ooo now
or an increase of s468,14o.oo in the pas,
year: The showing for Fargo may be
good tor city of ID 900 inhabitants, bu,
that tor Dickinson, a city of but 4,ooe
inhabitants, is great deal better.
DAKOTA NATIONAL.
This bank has, S263,45o.14 in loans and
discounts, and deposits of So o,624.16
Its surplus fund stands at 500 o anc
undivided profits at 81 3,2S8.25, which i.
certainly gratifying to President Rich
ards and Cashier Hevener. The gair
in deposits in one year has been S76,
62l6o. This bank has made more rapic
strides, as the second bank of the city
than have the second banks of NJ 'nda,
and Bismarck and perhaps of any city OF
similar size in North Dakota.
MERCHANTS NATIONAL
The Merchants National bank of Dick
inson, the youngest of the city's fnancia
institutions, at the close of business Nov
IL, shows deposits of S67,278.55. This is
a good showing for bank which has
been open only 60 days. The loans and
discounts are s31,o84 70, and not dollar
of overdrafts appear in this statement
The Merchants National bank is capital.
lied at S5o,ooo, fully raid in, and the
public can rest assured that this new
institution will grow rapidly and develop
with the city and surrounding country
John Davis, president, and J. L. Hughes
cashier, have reason to be pleased with
the handsome start already made.
TAYLOR STATE BANK.
This bank was organized but two
years ago and its statement, published
elsewhere in this issue, shows very
healthy state Of affairs The loans and
discounts are almost $4,000, with de.
Posits of s7414o.52. The bank is cap
italized at $4,000, has surplus fund OF
$4,000 and undivided profits of near,
$4,000. Messrs. Herman and Ferdinand
Leutz are officers in the Taylor State
bank and John Courtney is cashier.
BELFIELD STATE BANK.
This bank, which was organized but
last spring, has deposits OF $4,000 "a
indicating that there is also prosperity
around Bel6eld. Ed O'Connor is presi
dent of this bank and T. O. Ramsland
cashier; and it goes without saying thai
they are glad they moved to western
North Dakota.
INTERSTATE BANK.
Cashier L. F. Crawford sends the
PRESS card which indicates the healthy
condition of the Interstate Bank of Bill.
lings County. The bank has loans o
$50, ,4o5 s. and deposits of s15o,721.3 81
Harve Robinson is president Of thi:
bank.