The cashier's correspondence, 1921-1925, consists of alphabetically arranged correspondence of the cashier relative to loan accounts. The correspondence is indicative of the scarcity of money for loans and the poor financial condition of the community. This was reflected in the inability of many to meet their loan payments. Correspondence with the First National Bank of Phillips is of special interest in that the major stockholders of both banks were the same, The correspondence filed with legal documents, 1932-1937, of Peter E. Reedal, one of the major stockholders of the State Bank of Prentice.
Financial records for 1920 to 1937 include reports of the Special Deputy Commissioner from November 1931 to May 1937, and income tax returns for 1931 to 1936. The nine volumes in the collection contain various financial accounts, as indicated by their titles given below. Volumes 3-5, “Liability Ledgers”, are records of loans outstanding. Volume 6, “Bank Tickler,” and Volume 7, “Bills Receivable and Interest Paid,” both include records relating to the amounts received on outstanding notes.
