The banker depicted may be either John Sherwin or Joseph R. Nutt, both of the Union Trust Company. A newspaper clipping from an unidentified source (Commercial?), dated July 22, 1922, mentions that Anderson was in Cleveland comssioned to paint the two bankers.
Title on negative reads Portrait of a Banker.
Negative marked: 77 / K.A.
May be one of two paintings titled "Portrait of a Banker, Cleveland, Ohio, 1922, exhibited at: "Exhibition of Portraits by Karl Anderson," New York, NY: Grand Central Art Galleries, 1928.