Howard State Bank

[W. Gray]

Report of the Bank Commissioners of the State of Connecticut to the Governor, January 1890, is a 430-page financial document addressed to his Excellency Morgan G. Bulkeley, Governor of Connecticut.

The entire page 311 of the Connecticut report lists the condition of the Howard State Bank, Howard, Elk County, Kansas, via a footnoted balance sheet.

The commissioners' report shows the Howard bank as one of sixty "Foreign Investment Companies" doing business in Connecticut

The Howard State Bank balance sheet shows that as of the previous October 1, 1889, the bank had assets of $1,117,074.28 with corresponding liabilities and capital of the same amount.

Howard State Bank was larger than some of the Connecticut banks in the report, but was dwarfed by others.

Footnotes to the balance sheet shows the bank was organized in 1879 and incorporated in 1886.

Listed officers were:
John J. Pyle, President
W.S. Lambert, Vice president and general manager
G. H. Haines, Secretary and Treasurer
S. J. Haines, Cashier
G. H. Thompson, Assistant Cashier
W. H. Breckenridge, 2d Assistant Cashier

Directors:
W. S. Lambert
John J. Pyle
Jona Travilla
C.B. Biglow,
J. Z. Burchfield
D. H. Foster
G. H. Haines
S. J. Haines
E. J. Foote

[Marcia Moore]

    That is interesting, Waldo.  Notice that W.S. Lambert and G.H. Haines were also involved with the Greenwood County Bank at Severy, that opened for business on August 10, 1889, with a cash capital of $50,000.  W.S. Lambert was the president; G.H. Haines was vice-president; B.M. Thompson, cashier; and C.P. Rock, assistant cashier.  Directors were F.J. Benest, C.P. Rock, Alva Lane, W.S. Lambert, T. Meech, G.H Haines and J.S. Haines.  This bank succeeded the Severy Bank, which was also known as The Bank of Severy. 

[W. Gray]

If they were able to provide some of the capital, it was probably a short commute, even back then to oversee their investment.

I guess there was no difference between a cashier and a teller except the name. 

I am guessing both banks probably had customer hours of 10 am to 2 pm with time out for lunch. I can recall when those were standard hours for a bank.