Fifteenth annual report [1934]

FIFTEENTH ANNUAL REPORT
OF THE
DEPARTMENT OF JJANKING
OF THE
STATE OF GEORGIA
YEAR ENDING DECEMBER 31
1934
R. E. GORMLEY, Superintendent of Banks

STATE OF GEORGIA
DEPARTMENT OF BANKING
Created by Act Approved
August 16, 1919.
FIFTEENTH ANNUAL REPORT
YEAR ENDING DECEMBER 31, 1934.
DEPARTMENT ESTABLISHED An Act to create the Department of Banking of the State of Georgia, to provide for the incorporation and regulation of Banks and penalties for violations of the Law, defining duties of the Superintendent of Banks and for other purposes, was enacted by the Legislature in 1919, approved by the Governor August 16, 1919, and effective January 1, 1920. Also amended August 14, 1920; August 21, 1922; August 13, 1924; August 26, 1925; August 25, 1927, and August 27, 1931. Prior to that time the institutions now under supervision of the Superintendent of Banks were supervised in the Bureau of Banking by the State Treasurer, as provided for in Laws enacted in 1890 and 1907.
R. E. GORMLEY, Superintendent of Banks.

IV

DEPARTMENT OF BANKING

DEPARTMENT OF BANKING STATE OF GEORGIA
ATLANTA

December 31, 1934.
To THE HoNORABLE EuGENE TALMADGE, GovERNOR,
State of Georgia,
Atlanta, Ga.
Dear Sir:
As required in Sections 15 and 16 of Article 2 of the Banking Law, I have the honor to submit herewith, this, the 15th annual report of the Department of Banking for the year ending December 31, 1934.
This report consists of the following exhibits and schedules:
1. Exhibit "A", Official Roster of the Department of Banking.
2. Exhibit "'B", a statement of the receipts and disbursements of the Department for the year 1934.
3. Exhibits "C", '' D", "E", "F", "G", "H", "I", "J", covering miscellaneous applications relative to charter amendments, charter renewals, voluntary liquidations, surrender of charters, etc.
4. Exhibit "K", a list of banks in voluntary liquidation.
5. Exhibit "L", a list of branch banks now in operation.
6. Exhibit "M", a condensed statement showing the disposition of banks during the year 1934.
7. Exhibit "N", a list of banks and branches that are members of the Federal Reserve System.

FIFTEENTH ANNUAL REPORT

v

8. Exhibit "0", a list of Small Loan Companies under the superv1s10n of the Superintendent of Banks during the year 1934, and Exhibit "P", a list of Credit Unions as of December 31, 1934.

9. Exhibit "Q", abstract of reports showing condition of 223 banks and 9 branches as of December 31, 1934, with a comparative statement of 226 banks and 9 branches as of December 30, 1933.

In addition to the information as reflected in the exhibits referred to above, the report contains the detailed published statement of each bank as of December 31, 1934. This statement gives an itemized report of the assets and liabilities of the bank, the date the bank was chartered, the date it began business and the names of the President and Cashier.

Respectfully submitted,

R. E. GORMLEY,

Superintendent of Banks.

VI

DEPARTMENT OF BANKING

Exhibit "A." DEPARTMENT OF BANKING, STATE OF GEORGIA
OFFICIAL ROSTER
December 31, 1934.

R. E. GORMLEY Superintendent of Banks
E. B. DOUGLASS Assistant Superintendent of Banks

EXAMINERS

Name

Address

Salary

Richard Forrester_ __________ Montezuma __ _ ----------- _$

0. L. Gruver__ _

____ Statesboro__

W. D. Lloyd_ __

______ Tallapoosa

0. G. Jackson_

_______ Decatur __ _

200.00 200.00 200.00 200.00

OFFICE ASSISTANTS

Name

Position

Annette Johnson _______ Secretary_ Mrs. W. L. Ellis ______________ Secretary

Salary
_$ 140.00 125.00

DelmusHilL _____________ Porter_

_______ $ 40.00

FIFTEE~TH ANNUAL REPORT

VII

Exhibit "B. "

DEPARTMENT OF BANKING, STATE OF GEORGIA

Receipts and Disbursements, 1934.

RECEIPTS

Balance. Jan. 1,1934 ___ _ Examination Fees __ Small Loan Fees ____ _ Miscellaneous Income ____ ..

______ $

4,635.98 25,340.00
6,150.00 412.94

$ 36,538.92

DISBURSEMENTS

Superintendent's Salary___

_______________ $

Asst. Superintendent's Salary_

Traveling Expenses, Superintendent ___ _

Traveling Expenses, Asst. Superintendent ___ _

Office Assistants' Salaries ___ _

Examiners' Salaries __

Examiners' Expenses, Traveling __ _

Printing and Stationery______ _

Miscellaneous Office Expense __ . _________ _

3% Deduction by State__________ _

6,000.00 3,600.00
384.26 480.98 2,440.00 9,695.00 6,840.28 1,123.64 2,019.97 956.55
$ 33,540.68

Balance, December 31, 1934 __

- _$ 2, 998. !?1

VIII

DEPARTMENT OF BANKING

Exhibit "C" APPLICATIONS TO DECREASE CAPITAL APPROVED

NAME OF BANK

Savannah Bank & Trust Co _____________________ _ Savannah___ _

Ga. Railroad Bk. & Tr. Co__ Augusta ____ _

The Citizens Bk. & Tr. Co_ Bainbridge __

Merchants & Farmers Bk_ Marietta_ _ _

Atlanta Trust Company__ _ Atlanta _____ _

The Glennville Bank _____ _ Glennville __ _

The Greenville Banking Co Greenville __ _

The Tattnall Bank __

Reidsville ___ _

Bank of Toccoa ___ _

Toccoa _____ _

Bank of Meigs ____________ _ Meigs _______ _

Bank of Chickamauga ___ _ Chickamauga

1-17-34 2- 1-34 2-28-34 4-17-34 4-17-34 4-30-34 5- 4-34 5-30-34 5-30-34 9- 6-34 12-27-34

$ 700, 000 to $350, 000 1, 000, 000 to 750, 000
100, 000 to 75, 000 50, 000 to 25,000 1, 500, 000 to 300, 000 60, 000 to 30,000 95, 000 to 50, 000 50, 000 to 25, 000
50, ooo to 25, 000
75, 000 to 50, 000
50, ooo to 25, 000

Exhibit "D" APPLICATIONS FOR RENEWAL OF CHARTER APPROVED

NAME OF BANK

LOCATION DATE OF CHARTER I APPROVED

Habersham Bank_____ _

Clarkesville___ _

Bank of Ringgold ______ _ Ringgold ____ _

Banl;: of Clayton_______ __ Clayton ______ _

Bank of Edison ____________ _ Edison _____ _

Bank of Cumming ________ _ Cumming____ _

Bank of Conyers __________ _ Conyers _____ _

5-13-1904 8-24-1904 6-30-1904 9-24-1904 10-11-1904 11-25-1904

3- 7-34 4-10-34 5- 4-34 5-25-34 9- 5-34 9-17-34

Exhibit "E" PERMITS TO ENTER VOLUNTARY LIQUIDATION ISSUED

NAME OF BANK
Clermont Banking Co _____ Decatur County Bank______ Rhine Banking Co__________ Citlzo:ns Bank ______________

LOCATION DATE
Clermont _____ 2-26-34 Bainbridge ___ 10-29-34 Rhine_________ 12-21-34 Claxton ______ 12- 4-34

BY WHOM LIQUIDATED
----
Directors Directors Directors Directors

Exhibit "F" APPLICATIONS TO SURRENDER. CHARTER APPROVED

NAME OF BANK

LOCATION

The Dexter Banking Co_____________________ Dexter_ __________ _ Bank of Lumpkin County___________________ Dahlonega _______ _
Jasper County Bank________________________ Monticello _______ _

APPROVED
1- 3-34 3- 8-34 7-25-34

FIFTEENTH ANNUAL REPORT

IX

Exhibit "G"

APPLICATIONS FOR CHARTER APPROVED

NAME OF BANK

LOCATION

---

Bulloch County Bank _____ Statesboro_____

Bank of Fulton County ___ East Point _____

Darby Banking Co ________ Vidalia_________

Southern Savings Bank ___ Atlanta ________

APPROVED
1-13-34 3-21-34 6-18-34 11-27-34

BEGAN BUSINESS
4-14-34 4- 2-34 6-29-34 ----- ----------------

Exhibit "H"

APPLICATION FOR CHARTER DISAPPROVED

NAME OF APPLICANT

LOCATION

DISAPPROVED

Guaranty Bank & Trust Co_________________ Atlanta __________ _

6-7-34

BANKS NATIONALIZED

NAME OF BANK Bank of Monroe __ _

LOCATION Monroe __________ _

Exhibit "I"
DATE 5-5-34

Exhibit "J"

APPLICATION FOR REVIVAL OF CHARTER APPROVED

NAME OF BANK

LOCATION

DATE

The Tattnall Bank__________________________ Reidsville_____________ 5-30-34

X

DEPARTMENT OF BANKING

BANKS IN VOLUNTARY LIQUIDATION December 31, 1934

Exhibit "K"

NAME OF BANK

LOCATION

DATE

Bank of Sale City ___________________ _ Sale City _____________ _ January 22, 1924.

Bank of Willacoochee _____________ _ Willacoochee __

May 18, 1925.

Farmers Banking Company _____ _ Covington ________ .. __ _ April 6, 1925.

Farmers Bank_____________________ _ Vidette _____ .. ______ .. __ June 28, 1926.

Bank of Bostwick __________________ _ Bostwick ____________ _ December 2, 1926.

Farmers & Merchants Bank ______ _ Grantville ____________ _ December 9, 1926.

Union Banking Company __________ _ Monroe ______________ _ February 12, 1927.

Dacula Banking Company _________ _ Dacula_______________ _ February 15, 1927.

Sharpsburg Banking Company ____ _ Sharpsburg __________ _ November 12, 1927.

Bank of Boston ____________________ _ Boston _____________ _ December 31, 1927.

Bank of Buckhead _________________ _ Buckhead ___________ _ July 14, 1927.

Bank of Lincolnton ________________ _ Lincolnton __________ _ February 10, 1928.

Bank of Stephens __________________ _ Stephens ____________ _ September 11, 1928.

Council Bank. ______________________ _ Ellaville ______________ _ Pending.

Pittard Banking Company _________ _ Winterville __________ _ Pending.

Bank of Taliaferro _________________ _ Crawfordville _______ _ September 4, 1929.

Atlanta Trust Company ___________ _ Atlanta ______________ _ December 11. 1929.

Peoples Bank _______________________ _ Comer_ ______________ _ March 31, 1930.

Bank of Helen ______________________ _ Helen ________________ _ June 2, 1930.

Bank of Cave Spring _______________ _ Cave Spring _________ _ December 12, 1930.

Houston Banking Co _______________ _ Perry ________________ _ December 12, 1930.

Farmers & Merchants Bank _______ _ Kite~----------------- January 26, 1931. Merchants Trust Company ________ _ Valdosta _. ___________ _ January 30, 1931. Menlo Bank ________________________ _ Menlo ______________ _ February 19, 1931.

Atlanta Savings Bank ______________ _ Atlanta ______________ _ October 13, 1931.

South Georgia Trust Company ____ _ Albany ______________ _ December 11, 1931.

People's Bank ______________________ _ Glennville ___________ _ December 24, 1931.

Bank of Statham ___________________ _ Statham _____________ _ December 31, 1931.

Walker County Bank _______________ _ LaFayette _________ .- __ January 1, 1932.

Bank of Brooklet_. _________________ _ Brooklet _____________ _ January 1, 1932.

Whitesburg Banking Co ___________ _ Whitesburg __________ _ February 2, 1932.

Loganville Banking Company ______ _ Loganville ___________ _ April 28, 1932.

Newnan Bank and Trust Company__ Newnan. _____________ _ May 11, 1932.

Citizens & Contractors Bank ______ _ Lithonia _____________ _ October 19, 1932.

Metter Banking Company _________ _ Metter _______________ _ November 14, 1932.

Citizens Bank_ . ____________________ _ Brinson______________ _ December 31, 1932.

Bank of Forsyth ___________________ _ Forsyth______________ _ January 2, 1933.

Citizens Bank _____________________ _ Claxton ______________ _ December 4, 1934.

Clermont Banking Co ______________ _ Clermont_ ___________ _ February 26, 1934.

Decatur County Bank. _____________ _ Bainbridge __________ _ October 29, 1934.

Rhine Banking Co__________________ _ Rhine________________ _ December 21, 1934.

FIFTEENTH ANNUAL REPORT

XI

Exhibit "L"

BRANCH BANKS AS OF DECEMBER 31, 1934

NAME OF BRANCH

LOCATION I NAME OF PARENT LOCATION

Brunswick Bank & Trust Co Arco _______ Brunswick Bk. & Trust Co_____________________ Brunswick.

Georgia Railroad Bk. & Tr. Co., 1111 Broad St_____ ____ _ Augusta ____ Georgia Railroad Bank & Trust Co ______________ Augusta.

Columbus Bk. & Trust Co., 14th Street________________ Columbus__ Columbus Bank & Trust Co _____________________ Columbus.

Columbus Bk. & Trust Co., North Highland___________ Columbus __ Columbus Bank & Trust Co_____________________ Columbus.

Columbus Bk. & Trust Co., Rankin House_____________ Columbus__ Columbus Bank & Trust Co_____________________ Columbus.
Cornelia Bank _______________ Demorest ___ Cornelia Bank ___________ Cornelia.

Greenville Banking Co______ Gay_________ Greenville Banking Co__ Greenville.

Brunswick Bank & Trust Co_ Jesup _______ Brunswick Bank & Trust

Co__________

Brunswick.

Citizens Bank _______________ Nahunta ___ Citizens Bank__

Folkston.

XII

DEPARTMENT OF BANKING

Exhibit "M"
DISPOSITION OF STATE BANKS IN GEORGIA DURING YEAR 1934

Banks in Operation January 1,1934 _______ _ Banks in Operation December 31,1934 _____ _
Decrease During Year_ ______________ _
****
Banks Entering Voluntary Liquidation ______ _ Clermont Banking Company, Clermont Decatur County Bank, Bainbridge Rhine Banking Company, Rhine
Banks Nationalized ________________ _ Bank of Monroe, Monroe
Banks Closed During Year ______________ _

Banks 226 223
3

Branches
9 9

3
1 2

Capital Stock Pickens County Bank, Jasper________ _________ $15, 000. 00 Bank of Hillsboro, Hillsboro__________ _________ 25, 000. 00

6

New Banks _________________________________ _

3

Bulloch County Bank, Statesboro

Bank of Fulton County, East Point

Darby Banking Co., Vidalia

Net Decrease Shown Above_ _________________________ 3

FIFTEENTH ANNUAL REPORT

XIII Exhibit "N"

STATE BANK MEMBERS OF FEDERAL RESERVE SYSTEM

Bank of Adairsville ____ _ Trust Company of Georgia __ _ Georgia Railroad Bank & Trust Co ___ _ Citizens Bank & Trust Company ___ _ The Blackshear Bank ____________ _ Brunswick Bank & Trust Company __ _ Bank of Canton______________________ _ State Bank of Cochran___________ _ Columbus Bank & Trust Company __ _ Merchants & Mechanics Bank ______ _ Northeastern Banking Company __ _ Bank of Dawson_____________ _
Bank of Eastman ___ _ Brand Banking Company __ _ Farmers State Bank_ Bank of Millen _______ _ Farmers Bank____ _ Farmers Bank of Pelham __ _ Citizens State Bank_____ _ Bank of Sasser _____ _ Citizens Bank & Trust Company __ Savannah Bank & Trust Company__ Bank of Soperton __________________ _ Central Bank _____ _ The Bank of Tifton __

Adairsville Atlanta Augusta Bainbridge _____ Blackshear _______ Brunswick ____ Canton ____________ cochran ____________ ______ Columbus
______ Columbus ______ Commerce _________ Dawson ________ Eastman
_Lawrenceville _____ Lincolnton
Millen Monroe ______ Pelham __ Reynolds _____ Sasser _____________ Savannah
____ Savannah __Soperton
____ Swainsboro _____________ Tifton

XIV

DEPARTMENT OF BANKING

Exhibit "0" SMALL LOAN COMPANIES UNDER THE SUPERVISION OF THE
SUPERINTENDENT OF BANKS DURING 1934

NAME OF COMPANY

DATE
LOCATION I LICENSE

ISSUED

Consolidated Loan & Finance Company ___________ _ Albany_______ Jan. 5, 1934. Southern Loan Company __________________________ _ Albany______ Jan. 10, 1934. Family Finance Company __________________________ _ Athens______ Jan. 2, 1934. T. C. Adams _________________________________________ _ Atlanta______ Jan. 6,1934.

American Discount Company of Georgia __________ _ Atlanta _______ Jan. 2,1934.

City Investment Company _________________________ _ Atlanta_____ Jan.4,1934. Family Finance Company __________________________ _ Atlanta _______ Jan. 2,1934.

Family Finance Company __________________________ _ Atlanta_______ Jan. 2, 1934. Family Finance Company __________________________ _ Atlanta_______ July 2, 1934.

Fidelity Investment Company _____________________ _ Atlanta _______ Jan. 4,1934.

Fulton Industrial Company________________________ _ Atlanta _______ Jan. 9,1934.

Fulton Loan Service No.3, Inc_____________________ _ Atlanta _______ Jan. 2,1934.

Georgia Acceptance Company ____________________ _ Atlanta _______ Jan. 2,1934.

Georgia Finance, Inc _________________________ _

Atlanta _______ Jan. 2,1934.

Hartsfield Company, Inc ___________________________ _ Atlanta _______ Jan.8,1934.

Millard Cortez Horton _____________________ _

Atlanta _______ ~ Jan. 2,1934.

Master Loan Service, Inc ___________________________ _ Atlanta _______ Jan.2,1934.

Mechanics Loan & Savings Co _____________________ _ Atlanta _______ Jan.4,1934.

Industrial Finance Corp __________________________ _ Atlanta_______ Nov. 14, 1934.

Personal Finance Company of Atlanta ____________ _ Atlanta _______ Jan.2,1934.

Personal Loan Service, Inc _________________________ . Atlanta _______ Jan. 2,1934.

Quaker Savings Association ________________ _

Atlanta _______ Jan. 2,1934.

Roane & Lamb, Inc________________________________ _ Atlanta _______ Jan.2,l934.

Seaboard Security Company _______________________ _ Atlanta _______ Jan. 2,1934.

Southern Security Company _______________________ _ Atlanta _______ Jan. 2,1934.

Southland Loan & Investment Co _________________ _ Atlanta______ Jan. 2,1934.

Standard Investment Company __________________ _ Atlanta _______ Mar. 20,1934. United Small Loan Corp _________________________ _ Atlanta______ Jan. 2, 1934. Family Finance Company__________________________ _ Augusta______ July 2, 1934.

Personal Finance Company of Augusta__ _

Augusta_____ Jan. 2, 1934.

Standard Loan & Investment Company ___ _

Augusta___ Jan.10, 1934.

United Small Loan Corporation ____________________ _ Brunswick___ Sept.1, 1934.

Family Finance Company ______________________ _ Columbus____ July 2, 1934.

Dixie Finance Company ______________________ _

Columbus_____ Jan. 2, 1934.

Security Savings & Loan Company ________________ .. Columbus ____ Jan.12,1934.

Covington Finance Corporation ___________________ _ Covington___ Jan. 5,1934.

Whitfield Loan & Finance Co _____________________ _ Dalton_

Jan. 2, 1934.

Motor Finance Company_____ ______________ _ Gainesville____ Jan. 2, 1934.

Southern Loan Company___ __________________ _ Griffin__ ____ Jan. 10, 1934.

Family Finance Company_______

__________ _ LaGrange_____ Jan. 2, 1934.

Home Finance Company____________

_________ _ McRae_______ Jan. 2,1934.

Citizens Loan Company ____________________________ _ Macon ______ Jan.2,1934.

Family Finance Company _________________________ _ Macon ________ Jan. 2,1934.

Georgia Motor Finance Company __________________ _ Macon________ Jan. 5, 1934. Harris Loan Company______________________________ _ Macon_______ Jan. 2, 1934.

Personal Finance Company of Macon _____________ _ Macon_______ Jan. 2, 1934. Rightway Loan Company _______________________ _ Macon________ Jan. 5, 1934.

Peoples Loan & Finance Corp _____________________ _ Marietta ______ Jan. 2,1934.

Interstate Loan Company _________________________ _ Moultrie______ Feb. 6, 1934.

Family Finance Company ________________________ _ Rome___

Jan. 2,1934.

Family Finance Company_________________________ _ Savannah__ __ July 2, 1934.

Motor Contract Collecting Agency, Inc ____________ _ Savannah_____ Jan. 5, 1934.

Personal Finance Company of Savannah __________ _ Savannah_____ Jan. 2, 193"L

Southern Investment Company ___________________ _ Thomasville_ Jan. 20,1934.

Industrial Loan Company of Valdosta _____________ _ Valdosta______ Jan. 2, 1934.

Valdosta Loan & Savings Company ________________ _ Valdosta ______ Jan. 25,1934

United Small Loan Corporation ____________________ _ Waycross____ Jan. 2, 1934.

Preston Holder Williams___ _____________ _

Winder____ Jan. 2, 1934.

FIFTEENTH ANNUAL REPORT

XV

Exhibit "P"

CREDIT UNIONS AS OF DECEMBER 31, 1934

NAME

STREET ADDRESS LOCATION

---------------

1---------------------1----------

Albany Federal Employees Credit Union Care Post Office

Albany

City Employees Credit Union ______________ _ 242 Pine SL ___________ _ Albany

Alma Exchange Credit Union_ __ __________________________________ _ Alma

Athens Division Credit Union ____ _

Care Georgia Power Co_ Athens

Athens Firemen's Credit Union __

Fire Department No. L Athens

Athens Postal Credit Union ___ _

Care Post Office

Athens

A. B. & A. Credit Union_

26 Cain St., N. W _______ _ Atlanta

Acco Credit Union _____ _

194 Elliott St., N. W ____ _ Atlanta

Apaco Credit Union __ _

P. 0. Box 1735 _________ _ Atlanta

Armour Atlanta Credit Union ___________ _ 451 Whitehall St., S. W __ Atlanta

Armour Fertilizer Works Credit Union____ _ 816 Walton Building ___ _ Atlanta

Atlanta Oity Employees Oredit Union _____ _ Care City HalL_

Atlanta

Atlanta Firemen's Credit Union ________ _ 166 Alabama St., S. W__ Atlanta

Atlanta Journal Employees Credit Union Journal Building ______ _ Atlanta

Atlanta Postal Credit Union _____________ _ 216-M Federal Annex Bldg_______________ _ Atlanta

Atlanta Railway Postal Clerks Credit Union_ 205 Federal Annex ____ _ Atlanta

Atlanta Savings Stores Oredi t Union_______ _ 387 Whitehall St. , S. W__ Atlanta

Atlanta Teachers' Association Credit Union_ Care Tech High SchooL Atlanta

Atlanta Telco Credit Union_

Care Southern Bell Tel. Co ___________________ _ Atlanta

Atlantic Steel Credit Union ____ _

Mecasline St. & Sou.

R. R ___________ - - - - - _- - Atlanta

Circle "W" Credit Union ________ _

246 Marietta St. , N. W _ Atlanta

Exposition Cotton Mills Emp. Or. Union___ _ 794 Marietta Road _____ _ Atlanta

Federal Employees Credit Union ___ _

540 Old P. 0. Building __ _ Atlanta

Foote & Davies Credit Union________ _

Capitol & Milton Ave __ _ Atlanta

Fulton County Employees Credit Union __ _ Care Court House _____ _ Atlanta

Fulton Teachers Credit Union ____________ _ 521 Court House ______ _ Atlanta

Georgia Standard Oil Employees Or. Union _ 746 Marietta St _______ _ Atlanta

Ga. -WP General Office Credit Union ______ _ 4HunterSt., S. W ____ _ Atlanta

Georgian-American Credit Union _________ _ 84 Marietta St __

Atlanta

Hartford Credit Union____

_____ _ 801 Trust Co. of Ga. Bldg Atlanta

Kraft-Phenix Employees Credit Union ___ _ 890 Fair SL___ ____ _ Atlanta

L. & R. Employees Credit Union __ _

91 Forsyth St. , S. W __ Atlanta

Lodge No.1 Credit Union___ _

919 Atlanta Natl. Bank

Bldg __________ _

Atlanta

Mather Employees Credit Union_ __

122 Whitehall St _______ _ Atlanta

Mutual Benefit Credit Union _______ _

.50 Pryor St., N. E ____ _ Atlanta

Mutual Savings Credit Union_

2-13 Peachtree St ______ _ Atlanta

Railroad Credit Union_ ___ __

19! Peachtree St __

Atlanta.

R. E. A. Employees' Credit Union_

89 Luckie St., N. W____ _ Atlanta

Right Way Credit Union_____ __________ _ 181 W. Alabama St __

Atlanta

Rogers Credit Union_____

___________ _ 682 Whitehall St., S. W_ Atlanta

Ruralist Credit Union ____________ _

713 Glenn St. , S. W ___ _ Atlanta

State Employees Credit Union ____ _

249 State CapitoL_

Atlanta

Swift Atlanta Employees Credit Union __ _ 244 Peters St. , S. W ___ _ Atlanta

The Thrift Credit Union

125 Spring St., S. W___ _ Atlanta

United Automobile Workers' Or. Union ____ _ 442 McDonough Boulevard, S. E ____________ _ Atlanta

Western & Atlantic Credit Union __________ _ Route 5, Box 892 _____ _ Atlanta

White Provision Employees Credit Union __ _ Care White Provision Col Atlanta

XVI

DEPARTMENT OF BANKIXG

Exhibit "P"-Continued

CREDIT UNIONS AS 0 F DECEMBER 31, 1934

NAME

STREET ADDRESS LOCATION

---------------------------------------1------------------------------

Armour Augusta Credit Union ___________ _ Care Armour Company_ Augusta

Augusta Federal Employees Credit Union __ Federal Building __

Augusta

Augusta Fire Department Or. Union _______ _ 1259 Broad St __________ _ Augusta

Augusta Police Department Credit Union __ Police Barracks_

Augusta

Georgia R. R. Employees Credit Union _____ _ Care Georgia Railroad __ Augusta

King Mill Credit Union ____________________ _ Care King MilL _______ _ Augusta

Lenwood Federal Emp. Credit Union __ _

Care Veterans Adminis-

tration ________ _

Augusta

Columbus Postal Employees Credit Union __ Care Post Office _

Columbus

Citizens Credit Union _____________________________ _

Hahira

Federal Employees Credit Union____________ Care Post Office ___ _ Macon

Hapgrade Credit Union ____________________ Broadway at Pine_

Macon

Macon Credit Union ______________________________________ _

Macon

Swift Moultrie Employees Credit Union___ Care Swift & Co __ _

Moultrie

Floyd County Postal Employees Or. Union __ Care Post Office_

Rome

Savannah Federal Credit Union_____________ Care U. S. Engineer's

Office_______ _

Savannah

Seaboard Employees Credit Union _________ _ Room 2 Union Station__ Savannah

Trainmen's Credit Union __________________ _ 1126 E. 36th St _________ _ Savannah

Tift County Postal Employees Or. Union __ _ Care Post Office _______ _ Tifton

Postal Credit Union _______ _

Care Post Office.

Valdosta

Credit Unions being liquidated by Superintendent of Banks: Atlanta Police Department Credit Union, Atlanta. Electrical Workers' Credit Union, Atlanta. Lombard Credit Union, Augusta.
Credit Union approved for Voluntary Liquidation: Atlanta Western Union Employees' Credit Union, Atlanta.

FIFTEENTH ANNUAL REPORT

XVII

Exhibit "Q"
ABSTRACT OF REPORTS OF THE CONDITION OF STATE BANKS IN GEORGIA AS OF DECEMBER 31, 1934
(With Comparative Statement as of December 30, 1933)

223 Banks and 226 Banks and 9 Branches as 9 Branches as of Dec. 31, 1934. of Dec. 30, 1933.

RESOURCES:

Loans and Discounts ___________________________ $
State of Georgia and Municipal Bonds owned_ U. S. Government Securities owned ___________ _ Other Stocks and Bonds owned _______________ _ Banking House and Lot _______________________ _ Furniture and Fixtures _______________________ _ Other Real Estate owned _____________________ _
Cash in Vault and Amount due from approved Reserve Agents _____________________________ _
Checks for Clearing and Due from other Banks Cash Items ____________________________________ _ Overdrafts ____________________________________ _
Advance on Cotton and other Commodities __ _ Customers Liability on Letters of Credit and
Acceptances _______________________________ _ Profit and Loss _______________________ _ Other Resources _____________________ _

65,086,673.05 2,016,432.06 12,546,137.09 7,299,326.65 4,511,379.72
699,966.81 5,770,430.16
28,017,548.54 3, 052, 741. 15
248,095.01 36,277.87
5,605,876.46
150,880.54 45,614.01
615,145.07

$ 56,741,169.63
t 15, 488, 391. 01
J
4,301,374.43 782,033.03
5,808,090.49
23,064,164.29 2,237,740.82 119,119.52 46,800.55 2,694,774.24
71,639.21 49,235.38 465,186.91

TOTALS _____________________________________ $ 135, 702, 524. 19 $ 111, 869, 719. 51

LIABILITIES:

Capital Stock ___________________________________ $ 14,426,800.00 $ 15,406,000.00

Capital Notes __________________________________ _ 2,975,000.00 Surplus Fund _________________________________ _ 7,015,230.79

550,000.00 7,273,157.14

Undivided Profits______________________________ _ 2,433,123.50

2,390,937.12

Reserve Funds ________________________________ _ 1,880,314.22

2,139,405.17

Due to Banks__________________________________ _ 10,186,510.34

3,514,700.94

Dividends Unpaid _____________________________ _

87,115.47

36,967.53

Cashier's Checks ______________________________ _ 3,026,160.10

1,764,743.82

Certified Checks_______________________________ _

430,329.95

49,087.52

Demand Deposits _________________________ : ___ _ 52,119,750.94 40,408,152.92

Time Certificates of Deposits ________________ _ 11,758,538.61 14,379,769.28

Savings Deposits _____________________________ _ 24,709,965.09 19,627,192.48

Letters of Credit and Acceptances executed

for Customers ______________________________ _

148,720.54

71,847.50

Bills Payable __________________________________ _ 3,872,373.52

3,237,182.47

Notes and Bills Rediscounted _____________ _

195,607.54

344,999.00

Other Liabilities_______________________________ _

436,983.58

675,576.62

TOTAL ______________________________________ $ 135, 702, 524. 19 $ 111, 869, 719. 51

FIFTEENTH ANNUAL REPORT

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF ACWORTH

Acworth, Ga.

As called for by the Superintendent of Banks.

A. J. DURHAM, President.
Date of Charter: 10-31-1905

J. E. CARNES, Cashier.
Began Business: 12-19-1905

RESOURCES:

Loans and Discounts .............. $ State of Georgia and :.Vlunicipal
Bonds owned.................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned. Banking House and Lot ..... .

Furniture and Fixtures ..

Other Real Estate owned ......... . Cash in Vault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from other Banks ................... .

Cash Items ... .
~d~~c;:-~:ts~;; c~ii~~ ~;,d other

Commod1ties .................. .

Customers Liability on Letters of Credit and Acceptances ......... .

Profit and Loss. .

. ........ .

Other Resources.

. ........ .

Total. ...

....... $

7.'>,886.41
none 2,5.50.00
none 2,000.00 2,000.00 14,184.16
66,371.48
24.52 none 431.60
154.57
none none 691.27
164,294.01

LIABILITIES:

Capital Stock. . .

. .......... $

Surplus Fund. . . . . . . . ......... .

C ndivided Profits ....

Reserve Funds .

Due to Banks ....

Dividends Unpaid .... .

Cashier's Checks ...... .

Certified Checks ...... .

Demand Deposits ............ .

Time Certificates of Deposits.

Savings Deposits ............... .

Letters of Credit and Acceptances

executed for Customers ..

Bills Payable.................... .

Notes and Bills Hcdiscounted ..... .

Other Liabilities ................. .

Total. ........................... $

25,000.00 5,000.00 6,015.64 1 ,544. 77 none none 1,801.73 none
67,889.70 57,042.17
none
none none none none
164,294.01

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

S. LEMON BANKING CO.

Acworth, Ga.

As called for by the Superintendent of Banks.

G. W. McMILLAN, President.
Date of Charter: 12-18-1906

LEMON M. AWTREY, Cashier.
Began Business: 1-1-1907

RESOURCES:
Loans and Discounts .............. $ State of Georgia and ~f unicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items .................... .
~d~~~::ts ~n Cotton and .o.th~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ...... . Profit and Loss ................ . Other Resource~ ..... .
Total. ........................... $

68,403.80
none 8,960.20
300.00 2,500.00 3,000.00 12,922.70
24,873.97
278.85 552.12 285.20
11,350.79
none none 644 32
134,071.9.5

LIABILITIES:
Capital Stock .................... $ Capital Notes ................... . Surplus Fund ................... . Undivided Profits................ . Reserve Funds . Due to Banks ................... . Dividends unpaid ............... . Cashier's Checks ................. . Certified Checks................. . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers. Bills Payable.................... . :-.!otes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

30,000.00 15,000.00
none 1,528.88
none none none 182.86 none 39,542.41 43,062.20 4,755.60
none none none none
134,071.95

2

DEPARTMENT OF BANKING '

STATEMENT Showing condition at the close of Business December 31, 1934, of the

BANK OF ADAIRSVILLE Adairsville, Ga.

As called for by the Superintendent of Banks.

M. P. GAINES, President.
Date of Charter: 3-21-1899

0. B. BISHOP, Cashier.
Began Business: 3-24-1899

RESOURCES:

Loans and Discounts .............. $ State of Georgia and ~Iunicipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned .....

Banking House and Lot .

Furniture and Fixtures ....... .

Other Heal Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents ... and Due.

ir~;,;

other Banks.

Cash Items ..
~d~:'!:'::ts ~;; . C~tt~,;. and ..oth~~

Commodities .................. .

Customers Liability on Letters of

Credit and A<'ceptances.

Profit and Loss

Other Resources ...

Total. ......... .

.$

21,540.13
1,960.00 none
2,943.00 4,700.00 1,800.00 1,916.35
99,607.89
none none none
none
none none 177.37
134,644.74

LIABILITIES:

Capital Stock.

.$

Surplus Fund.

Undivided Profits.

Reserve Funds.

Due to Banks

Dividends Unpaid.

Cashier's Checks .... .

Certified Checks ............... .

Demand Depcacts ................ .

Time Certificates of Deposits ...... .

Savings Deposits. . .

.

Letters of Credit and Acceptances

executed for Customers ..... .

Bills Payable ........... .

Notes and Bills Rediscounted.

Other Liabilities .......... .

Total. ..

". $

25,000.00 none
2,738.32 none none none
7,839.45 none
86' 164.88 12,868.65
none
none none none 33.44
134,644.74

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BRYAN BANK

Adel, Ga.

As called for by the Superintendent of Banks.

G. W. BRYAN, President.
Date of Charter: 2-27-1929

J. B. SASSER, Cashier.
Began Business: 3-1-1929

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .... . Furniture and Fixtures ....... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks .................. . Cash Items ..................... .
~d~:d,;::ts o;_ .. C~tt~~ .. ~;,~j ..oth~~
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances .... Profit and Loss........ . Other Resources ................. .
Total. ........................... S

92,652.18
1,961.30 20,000.00
5,075.63 1,600.00
500.00 none
52,268.59
2,559.65 233.52 none
none
none none 725.68
177,576.55

LIABILITIES:

Capital Stock .. .

....... $

Surplus Fund ... .

Undivided Profits.

Reserve Funds ..

Due to Banks .... .

Dividends Unpaid ............... .

Cashier's Checks ................. .

Certified Checks........ .

Demand Deposits................ .

Time Certificates of Deposits...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers......... .

Bills Payable .................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. .

25,000.00 1,250.00 4,588.82 1,846.21 none none 15.00 none
127,948.61 16,927.91 none
none none none none

Total.

...... s 177 ,.576.5.5

FIFTEENTH ANNUAL REPORT

3

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

MONTGOMERY COUNTY BANK

Ailey, Ga.

As called for by the Superintendent of Banks.

W. J. PETERSON, President.
Date of Charter: 2-24-1926

(MISS) MARY SMITH, Cashier
Began Business: 3-1-1926

RESOURCES:
Loans and Discounts .............. $ State of Georgia and l\Iunicipal
Bonds owned.................. . U S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances...... . Profit and Loss................ . Other Resources ............. , ..

Total. ...

.$

20 '785. 30
none lii,l2S.OO
2,687.50 none 1.00
2,047.35
66,305.13
none none 342.23
4,929.00
none none none
112,222.51

LIABILITIES:

Capital Stock.

$

Surplus Fund ...

Undivided Profits.

Reserve Funds ..

Due to Banks ..... .

Dividends Unpaid ..

Cashier's Cheeks ........... .

Certified Checks............ .

Demand Deposits ........... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities ............. .

Total. ........................... $

15,000.00 5,000.00 591.80 none none 7.'>0.00 388.71; none
83,047.06 7,444.90 none
none none none none
112,222.51

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF ALAPAHA

Alapaha, Ga.

As called for by the Superintendent of Banks.

(DECEASED) President.
Date of Charter: 3-4-1905

J. P. CULPEPPER, Cashier.
Began Business: 3-25-1905

RESOURCES:

Loans and Discounts .............. $

State of Georgia and 11unicipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Storks and Bonds owned ....

Banking House and Lot ....

Furniture and Fixtures ..

Other Real Estate owned ......... .

Cash in Vault and anwunt due from

approved Checks for

Reserve Clearing

Agents ... and Due.

ir~~;l

other Banks .... Cash Items ...
~d~~~t:ts ~~- (;;,tt~~ .. ~~d . otiw;

Commoditie8. Customers Liability on Letters of
Credit and AcceptancPs.

Profit and Loss. Other Resourf'PS.

Total.

... $

61,324.55
none 12,533.75
none 3,000.00 2,000.00
none
85,858 97
62.34 163.41
none
41,363.52
none none 294.a8
205,600.92

LIABILITIES:

Capital Stock. . .

. .. $

Surplus Fund ....

Undivided Profits.

Reserve Funds ..

Due to Banks. . . . .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks.

Demand Deposits. . . . . . . . . .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . ..... .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable... . . . . . . . . . . . . .

Notes and Bills Rediscounted ..

Other Liabilities.

Tot::tl.

.$

30,000.00 l.'i,OOO.OO 2,620.47
2,246.75 none none
608.24 none
102,412.97 53' 712.40 none
none none none none
206,600.92

4

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

ALBANY TRUST & BANKING COMPANY

Albany, Ga.

As called for by the Superintendent of Banks.

A. P. VASON, President.
Date of Charter: 6-13-1905

C. L. NEUMAN, Cashier.
Began Business: 6-1905

RESOURCES:

Loans and Discounts. . . . . . . . . .... $

State of Georgia and 1Iunicipal

Bonds owned. . . . . . . . . . . . . . ...

C. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot .

Furniture and Fixtures ....

Other Real Estate owned. . . . ....

Cash in Vault and amount due from

approved RPserve Agf'nts. . . . . . .

Cheeks for Clearing and DuP from

other Banks.

Cash I terns .

1.'i~~~::ts ~;, . C~tt~n ~;,d . ~1tb~~

Commodities ................ Cu8tomcrs Liability on Letters

.

~-f

Credit and Acccptan('es.

Profit and Loss ..

Other Resources.

Total.

29:l '767. 40
none none 2() '900. 00 2.5 ,()74 .1.5 1,113.21 27,788 28
37 '726.80
none none none
none
none none none

LIABILITIES:

Capital Stock.

.$

Capital ~otes.

Surplus Fund .....

l:ndivided Profits.

Reserve Funds.

Due to Banks .... .

Dividends Fnpaid .. .

Cashier's Che('ks ... .

Certified Cherks ..

Demand Deposits. . . . . . .....

Time Certificates of Depo8lts.

Savings Deposits. . . . . . . . . . . . . .

Letters of Credit and Arceptan('es

f'XC('UtPd for Customers.

Bills Payable ................ .

~otPs and Bills Rediscounted.

Other Liabilities.

100,000.00 50,000.00 20,000.00 11,255.85 89,389.61 none 3,500.00 none none none ,')5 '2,'}3. 00 83,571.37
none none none none

Total. ..

... $ 412,969.84

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF COMMERCE

Americus, Ga.

As called for by the Superintendent of Banks.

FRANE: SHEFFIELD, President.
Date of Charter: 10-13-1891

CHARLES F. CRISP, Cashier.
Began Business: 1-2-1892

RESOURCES:

L0ans and D;s(~ounts........ . . . $

State of Georgia and .:..Iunicipal

Bonds owned. . . . . . . . . . . . . . ..

l'. ~- Government SccuritiPs owned.

Other Stocks and Bonds owned.

Banking House and Lot ..

Furniture and Fixtures ...

Other Real Estate owned . . .

Cash in Yault and amount due from

approved Reserve Agents ..

Che('ks for Clearing and Due from

other Bank8.

Cash Itern8.

Overdrafts. Ad vance on

Cotton .. ~~d. .. other

Commodities.

Customers Liability on Letters of

CrPdit and Acceptances.

Profit and Loss ...

Other ResourcPs.

993,910.88
29.'>' 126. f,l 313,802.11
72 '128. 7.') 20,000.00
none 19 '339 ..52
573,902 89
7,051.77 .99
none
none
none none none

Total.

. $ 2 '29fi '2f>3 .')2

LIABILITIES:

Capital Sto<k.

$ 60,000.00

Surplus Fund .....

1:J5 ,000. 00

Undivided Profits.

131 ,:37n .40

Reserve Funds.

none

Du(' to Banks .....

58' 998.58

Divid('nd8 Vnpaid.

none

Cashi('r's Checks.

1,978 G:J

Certified Checks ..

none

Demand Deposits ........ .

1,310,719 3ii

Time Certificates of Deposits.

284 '110. 09

Savings Deposits. . . . . . . . . ..... . 308,079.87

Letters of CrPdit and Acceptances

executed for Customers.

none

Bills Payable. . . . . . . . ...... .

none

~otes and Bills Rediscounted.

none

Other Liabilities ..

none

Total .

$ 2 ,29.5 ,2!\3. 52

FIFTEENTH ANNUAL REPORT

5

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

ASHBURN BANK

Ashburn, Ga.

As called for by the Superintendent of Banks.

C. E. THRASHER,

R. H. GREEN,

President. Date of Charter: 7-3-1900

Cashier. Began Business: 7-1900

RESOURCES:
Loans and Discounts .............. $ State of Georgia and 1\Iunicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and FixturPs ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved RPserve Agents ....... . Checks for Clearing and Due from
other Banks ................... .
Cash Items .................. .
~x;:~~tts ,;~ c~tt~~ ~;,ci .;th.~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss .................. . Other Resources ..

Total. ...

. . .$

239 '700. 38
none 5,000.00 7,000.00
none 2,847.22 9,793.15
47,385.15
126.51 241.53
none
none
none none none
312,093.94

LIABILITIES:

Capital Stock. . . . . . . . . . . . .

.$

Capital Notes ........... .

Surplus Fund ................. .

Undivided Profits................ .

Reserve Funds ..

Due to Banks ............... .

Dividends Unpaid .......... .

Cashier's Checks ............ .

Certified Checks ............ .

Demand Deposits....... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable. . . . . . ..

Notes and Bills Rediscounted.

Other Liabilities ............. .

Total ........ .

.$

25,000.00 15,000.00 25,000.00 18,503.29
363.02 none none
176.13 none
135' 170.32 28 '749. 72 4,131.46
none 60,000.00
none none
312,093.94

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE CITIZENS BANK OF ASHBURN

Ashburn, Ga.

As called for by the Superintendent of Banks.

D. H. DAVIS, President.
Date of Charter: 7-27-1905

K. P. BAKER, Cashier.
Began Business: 10-25-1905

RESOURCES:

LIABILITIES:

Loans and Discounts .............. $

State of Georgia and :\1 unicipal

Bonds owned .................. .

U. S. Government. Securities owned.

Other Stocks and Bonds owned .... .

Banking House and Lot .......... .

Furniture and Fixtures ........... .

Other Heal Estate owned ......... .

Cash in Vault and amount due from

approved Heservc Agents ....... .

Checks for Clearing and Due from

other Banks................... .

Cash Items. . .

. ........ .

Overdrafts. . . .

. ........... .

Advance on Cotton and other

Commodities.................. .

Customers Liability on Letters of

Credit and Acceptances ......... .

Profit and Loss ......... .

Other Resources............. _... .

104,361.84
none none 5,200. 00 10,000.00 none 7,740.65
65,977.58
361.57 968.74
none
none
none none none

Total. ......... .

.$-19~6lo 38

Capital Stock ..

.$

Surplus Fund ....

Undivided Profits ............ .

Reserve Funds ..

Due to Banks ......... .

Dividends Unpaid ............... .

Cashier's Checks ................. .

Certified Checks ..

Demand Deposits ................ .

Time Certificates of Deposits .. .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ... .

Bills Payable .................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. .

I Total. ...................... . .$

25,000.00 30,000.00 1f>,283.00
none 5,978.85
218.00 722.90 592.00 93,392.10 15,481.00 6,942.53
none none none none
194,610.38

6

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

AMERICAN SAVINGS BANK

Atlanta, Ga.

As called for by the Superintendent of Banks.

J. G. ST. AMAND,

EUGENE G. WEBB,

President. Date of Charter: 12-27-1886

Cashier. Began Business: 1887

RESOURCES:

Loans and Discounts.............. S State of Georgia and 11 unicipal
Bonds owned.................. . U. S. Government Securities owned.
Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... .
~d~~~rc~ts ~n Cott~r~ .. ~~d.. ~ti1~~
Commodities.................. . Customers Lmbility on Letters of
Credit and Acceptances. Profit and Loss. . . . ........... . Other Resources ..

Total. ..

..$

481,910.44
13,586.73 111,803.30
none 133' 119.20
3,325.22 41,520.14
24,424.85
138.00 186.43
none
none
none none 7 '789 .52
817,803.83

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits............. , .. . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks., ............... . Certified Checks ................. . Demand Deposits ................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills R.cdiscounted. Other Liabilities ................. .
Total. ........................... $

200,000.00 100,000.00
20,724.02 1,201.59
10,000.00 none none none none
34,676.65 266,363.31
none 102,370.49
none 82,467.77
817,803.83

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS TRUST COMPANY

Atlanta, Ga.

As called for by the Superintendent of Banks.

A. T. WALDEN, President.
Date of Charter: 7-16-1921

L. D. MILTON, Cashier.
Began Business: 8-16-1921

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Thl unicipal
Bonds owned.................. . U.S. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures .......... , . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents....... . Checks for Clearing and Due from
other Banks ... , .............. . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss .................. , Other Resources ................. .
Total............................ S

79,502.77
8,165.38 68,537.33 60,079.34
none 15,539.00 57,266.49
38 '946. 59
3,247.17 3.50.00 320.00
none
none none 2,335.41
334 ,289. 48

LIABILITIES:
Capital Stock ........ , ... , ..... , . $ Capital Notes ................... . Surplus Fund .... , .. , ........... . Undivided Profits................ . R.eserve Funds ................. .. Due to Banks ................... . Dividends Unpaid ......... , ..... . Cashier's Checks................. . Certified Checks ................. . Demand Deposits................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable. . . . . . . . . . . . . . . . . . . . Notes and Bills Rediscounted ..... . Other Liabilities ................. .

50,000.00 25,000.00
5,630.19 none
38,303.64 10,000.00
none 423.71 2,123.77 112,487.92 715.42 89 ,(;04. 8:l
none none none none

Total. ...................... . .$ 334,289.48

FIFTEENTH ANNUAL REPORT

7

STATEMENT

showing condition at the close of Business December 31, 1934, of the

CONTINENTAL TRUST COMPANY

Atlanta, Ga.

As called for by the Superintendent of Banks.

JOEL HURT, JR. President.
Date of Charter: 4-8-1913

H. F. THOMPSON, Asst. Sec. & Treas.
Began Business: 4-13-1918

RESOURCES:
Loans and Discounts.............. $ State of Georgia and ::\1unicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources ................. .
Total. ........................... $

116,352.37
95,000.00 none
120,756.16 none 20.23
234,100.00
537.96
none none none
none
none 13,987.65 39 '122. 98
619,877.35

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks................. . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits. , .............. . Letters of Credit and Acceptances
executed for Customers......... . Rills Payable ................. . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

500,000.00 none none
64,818.75 none none none none none none none
none 45,892.50
none 9,166.10
619,877.35

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

EAST ATLANTA BANK

Atlanta, Ga.

As called for by the Superintendent of Banks.

E. F. FINCHER, President.
Date of Charter: 11-11-1910

M. A. THOMPSON, Cashier.
Began Business: 11-15-1910

RESOURCES:
-Loans and Discounts .............. S State of Georgia and Municipal Bonds owned.................. . U.S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from approved Reserve Agents ... Checks for Clearing and Due from other Banks ................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other Commodities.................. . Customers Liability on Letters of Credit and Acceptances......... . Profit and Loss.................. . Other Resources ................. .
Total. ......................... $

157,230.12
18,370.80 none
7,000.00 10,000.00 4,000.00 7,000.00
83,440.26
2,677.35 35.50 none
none
none none 483.26
290,237 .29

LIABILITIES:
Capital Stock. . . . . . . . ........... $ Capital Notes ................... . Surplus Fund ................... . Undivided Profits ................ . ResPrve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Cherks................. . Certified Checks ................. . Demand Deposits ................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable ..................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

25,000.00 15,000.00
5,000.00 373.10 586.06 none
1,750.00 1,046.01
none 131,085.82
15,399.95 94,996.35
none none none none
290, 237. 29

8

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

GEORGIA SAVINGS BANK & TRUST CO.

Atlanta, Ga.

As called for by the Superintendent of Banks.

GEORGE M. BROWN, President.
Date of Charter: 10-26-1889

CHAS. P. HUNTER, Sec. & Treas.
Began Business: 9-1-1899

RESOURCES:

Loans and Discounts .............. $ 1,133,640.89

State of Georgia and :\Iunicipal Bonds owned. . . . . . . . . . . ...... .
U. S. Government Securities owned,

none 678,042.33

Other Stocks and Bonds owned.... . Banking House and Lot .......... .

849,497.64 457,916.33

Furniture and Fixtures ........... . Other Real Estate owned ......... .

13,451.98 175,397.10

Cash in Vault and amount due from approved Reserve Agents ....... .

147,007.67

Checks for Clearing and Due from

other Banks ....

Cash Items.

. ......... .

~d~~~ca:ts~;, c~tt~,; ~;,d. other

14,693.17 382.90 none

Commodities ................ .

none

Customers Liability on Letters of

Credit and Acceptances. Profit and Loss ...
Other Resources.

none none 3,582.38

Total..

. ............. $ 3,473,612.39

LIABILITIES:

Capital Stock. . . . . . ...... $ .500 '000 .00

Capital Notes ................... . 500,000.00

Surplus Fund ............... .

100,000.00

Undivided Profits.... .

72,519.55

Reserve Funds ..... .

none

Due to Banks ...... .

none

Dividends Unpaid ... .

none

Cashier's Checks .... .

none

Certified Checks ..

none

Demand Deposits ............. .

none

Time Certificates of Deposits ... .

184,088. 8ii

Savings Deposits ................ . 2 '071 '264. 99

Letters of Credit and Acceptances

executed for Customers.

none

Bills Payable............... .

none

Notes and Bills Rediscounted.

none

Other Liabilities.

45,739.00

Total. ............. .

... $ 3,473,612.39

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE MORRIS PLAN BANK OF GEORGIA

Atlanta, Ga.

As called for by the Superintendent of Banks.

GEORGE WINSHIP, President.
Date of Charter: 11-27-1933

C. T. GREER, Exec. Vice-Pres. & Treas. Began Business: 12-5-1933

RESOURCES:

Loans and Discounts .............. $

State of Georgia and Municipal

Bonds owned .................. . U. S. Government Securities owned.

Other Stocks and Bonds owned .... .

Banking House and Lot ........ . Furniture and Fixtures ........ .

Other Real Estate owned. . . . . ... .

Cash in Vault and amount due from

approved Reserve Agents ....... . Checks for Clearing and Due from

other Banks.

. ............ .

Cash Items ...
~d~~~ca:ts ~n C~tto,; . ~;,d. . ~th~~

Commodities ............... .

Customers Liability on Letters of

Credit and Acceptances..... .

Profit and Loss .. Other Resources.

895,541.62
none 61 '718. 75
825.00 62,991.46 17,947.59
367.39
48,968.74
7,415.74 58.50 none
none
none none 4 ,656. 37

Total. .....

............s 1,100,491.16

LIABILITIES:

Capital Stock. . . .

. ...... S

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds . . .

Due to Banks .... .

Dividends Unpaid ........... .

Cashier's Checks ............. .

Certified Checks ...... .

Demand Deposits ............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit. and Acceptances

executed for Customers .. .

Bills Payable ................. .

Notes and Bills Rediscounted ..

Other Liabilities.

200,000.00 50,000.00 13,176.99 57,001.49
none none none none none 74,450.00 705' 128.95
none none none 733.73

Total. ........................... $ 1,100,491.16

FIFTEENTH ANNUAL REPORT

9

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

SOUTH SIDE ATLANTA BANK

Atlanta, Ga.

As called for by the Superintendent of Banks.

WALTER ESTES, President.
Date of Charter: 6-24-1929

E. COWAN, Cashier.
Began Business: 7-1-1929

RESOURCES:

Loans and Discounts .............. $ State of Georgia and ::\Iunicipal

Bonds owned .................. . U. S. Government Securities owned,

Other Stocks and Bonds owned .. Banking House and Lot. Furniture and Fixtures ..... . Other Real Estate owned ......... . Cash in Vault and amount due
from approved Reserve Agents ... Checks for Clearing and Due from

other Banks. . . . . . ........ . Cash Items ..... .
~;'i~.~~;:ts~;; c~tt~,; ;;,d oth~~

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss. .

. ......... .

Other Resources.

Total. ....... .

. .. $

55,259.13
4,442.41 11,971.80
5,008.18 8, 920.50 2,058.12 10,212.11
7,395.47
1,593.65 22.00 30.04
30,073.50
none none 259.56
143,246.47

LIABILITIES:

Capital Stock.

...... $

Capital ::\' otes.

Surplus Fund ...... .

Undivided Profits ............ .

Reserve Funds ..

Due to Banks ....

Dividends Unpaid .. .

Cashier's Checks .... .

Certified Checks ..

Demand Deposits............ .

Time Certificates of Deposits .. .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable. . . . . . .

Notes and Bills Rediscounted .....

Other Liabilities ......... .

Total.

.. $

25,000.00 7,500.00 500.00 1,323.43 none none none 499.16 147.81
68,697.99 3,240.95
36,337.13
none none none none
143,246.47

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

TRUST COMPANY OF GEORGIA

Atlanta, Ga.

As called for by the Superintendent of Banks.

THOS. K. GLENN, President.
Date of Charter: 9-21-1891

DAMERO~ BLACK, Treasurer.
Began Business: 11-8-1891

REROURCES:

Loans and Discounts.............. $ 7,058,250.51

State of Georgia and ::\lunicipal

Bonds owned .................. .

66,:350.89

U.S. Government Securities owned. 2,550, 316.52

Other Stocks and Bonds owned.

953,481.17

Banking House and Lot.

948,967.61

Furniture and Fixtures ....... .

none

Other Real Estate owned ....... , . Gll ,902.96

Cash in Yault and amount due from

approved Reserve Agents ....... . 5,072,234. 59

Checks for Clearing and Due from

other Banks ..

2,145,289.18

Cash Items. . ......... .

122,740.23

Overdrafts .. Advance on

Cotton . ~~d 'o't.h~~

78.75

Commodities .................. . 1,028,175.88

Customers Liability on Letters of

Credit and Acceptances......... . 110,000.00

Profit and Loss ....

none

Other Re:3:ources. . ........... .

102,125.43

Total. ............ .

. ... $20 , 76~ 'g 13. 72

LIABILITIES:

Capital Stock.

.$ 2,000,000.00

Surplus Fund ..... .

1,500,000.00

Undivided Profits .. .

513,525.50

Reserve Funds.

282,051.23

Due to Banks ....

7,665,219.36

Dividends Unpaid .... .

none

Treasurer'R Checks .... .

2,047, 720.91

Certified Checks ... .

370,782.33

Demand Deposits ................ . 5 ,738, 700. 88

Time Certificates of Deposits ...... . 211,741.30

Savings Deposits ................ . 301,273.72

Letters of Credit and Acceptances

executed for Customers ......... . 110,000.00

Bills Payable .................... .

none

Notes and Bills Rediscounted ..... .

none

Other Liabilities ................. .

28,898.49

Total. .....

. . $20,769,913.72

10

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

GEORGIA RAILROAD BANK & TRUST COMPANY

Augusta, Ga.

As called for by the Superintendent of Banks.

C. H. PHINIZY, President.
Date of Charter: 11-15-1892

A. B. KITCHEN, Cashier.
Began Business: 12-31-1892

RESOURCES:

Loans and Discounts .............. $ 5,W3,39i.69

State of Georgia and Municipal

Bonds owned. . . . . . . ...... .

50,409.32

U.S. Government Securities owned. 744,280.05

Other Stocks and Bonds owned .... . 876,017.83

Banking House and Lot .......... . 160,075.63

Furniture and Fixtures ........... .

13,210.54

Other R~al Estate owned ......... . 374' 153.17

Cash in Vault and amount due from

approved Reserve Agent_s ....... . 1,961 ,543.0\l

Checks for Clearing and Due from

other Banks ............. : .... , .

76' 105.06

Cash Items ..................... .

9,236.94

Overdrafts ...................... .

1,906.03

Advance on Cotton and other

Commodities .................. .

none

Customers Liability on Letters of

Credit and Acceptan~es . . . . . . . . . .

23,805.54

Profit and Loss .................. .

none

Other Resources ................. .

11,365.92

Total. ........................... $ 9,805,506.81

LIABILITIES:

Capital Stock .................... $ 750,000.00

Capital Notes ................... . 500,000.00

Surplus Fund ............... .... . 200,000.00

Undivided Profits ................ .

81,567.26

Reserve FWldS .................. . 230,721.73

Due t,o Banks ................... . 1,537,441.33

Dividends Unpaid ............... .

none

Cashier's Checks................. .

28,081. Ill

Certified Checks.......... , ...... .

9,453.63

Demand Deposits................ . 2,648,331).61

Time Certificates of Deposits...... .

none

Savings Deposits ................ . 3 '796,095. 80

Letters of Credit and Acceptances

executed for Customers ......... .

23,805.54

~~~~;'!~~b~'iil~n~d.i~~~,;~i~ci.:::::

none none

Other Liabilities ................. .

none

Total. ........................... $ 9,805,506.81

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

REALTY SAVINGS & TRUST CO.

Augusta, Ga.

As called for by the Superintendent of Banks.

J. LEE ETHEREDGE, President.
Date of Charter: 12-23-1933

L. W. LYETH, Sec.-Trea.,.
Began Business: 12-30-1933

RESOURCES:

Loans and Diseounts .............. $ State of Georgia and J\1uni'ipal
Bonds owned .................. . U.S. Government Securities owned. Other Stocks and Bonds owned.... .
Ranking House and Lot ...... , ... \
Furniture and Fixtures ........... f
Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Ite1ns ..................... .
2ci~~~ca:ts~;; c~tt~~ ~;..d. 'a'ti~~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ... . Profit and Loss .................. .
Other Resources ................. .

Total.

. . . . . . . . . . . . . . . . . . . .$

506,763.74
4,300.00 58,649.32 36,883.80 18,033.20
168,032.20
19,162.29
69.04 none none
none
none none none
811,89~ . .')9

LIABILITIES:
Capital Stock. .. .............. $ Capital Notes ................... . Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ....... , ....... . Cashier's Checks................. . Certified Checks ................. . Demand Deposits ................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities................. .

Total. .............. .

.... $

100,000.00 100,000.00
26 '949. 07 2,426.28 2,240.94 none none none none none
330 '923. 66 249,353.64
none none none none
Sll ,893.59

FIFTEENTH ANNUAL REPORT

11

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

AUSTELL BANK

Austell, Ga.

As called for by the Superintendent of Banks.

M. T. BENSON, President.
Date of Charter: 1-3-1910

C. C. PERKERSON, Cashier.
Began Business 1-10-1910

RESOURCES:

Loans and Discounts .............. $

State of Georgia and l\1 unicipal

Bonds owned.................. .

U. S. Government Seeuritif's owned.

Other Stocks and Bonds owned.....

Banking House and Lot ..

Furniture and FixturPS .. .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

AgPnts ... and Due.

fr~~

other Banks.

Cash Items.
~d~~~~~ts~~ c~tt~~ ;~d- other

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss ...

Other Rf'sources.

Total. ........ .

. ....... $

122,399.19
none 21,575.00
200.00 none
2,948.35 8 ,433. 54
61,938.90
2,520.79 258.81 163.36
2,629.59
none 1,047.59
266.21
224,381.33

LIABILITIES:

Capital Stock. . . . . . . . . . .

$

Capital Notes ................... .

Surplus Fund .............. .

Undivided Profits ........... .

Reserve Funds .

Due to Banks ....... .

Dividends Unpaid ..

Cashier's Checks .... .

Certified Checks .......... .

Demand Depm;its . . . . . ... .

Time Certifieates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

f'Xecuted for Customers ..

Bills Payable .................... .

Notes and Bills Rediscounted ..

Other Liabilities ..

Total. ........................... $

25,000.00 15' 000.00
none none none none none 145.47 1,550.00 102 '938. 55 65,651.22 14,060.03
none none none 36.06
224,381.33

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BAINBRIDGE STATE BANK

Bainbridge, Ga.

As called for by the Superintendent of Banks.

E. J. PERRY, President.
Date of Charter: 2-1-1901

E. J. PERRY, JR., Cashier.
Began Business: 1899

RESOURCES:

Loans and Discounts .............. $ State of Georgia and ~1 unicipal
Bonds owned.................. .
U.S. Government Securities owned. Other Stocks and Bonds owned ..... Banking Hom~e and Lot . Furniture and FixturPs .......... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ............ .
~d~:_d;::ts;,,; c~ii~,; ~~d oih~~

Commodities.................. .

Customers Liability on Letters of

Credit and Acceptances ......... .

Profit and Loss .................. .

Other Resources.

. .......... .

Total.

.$

210,348.81
none 89,066.17 20,261.00
9,341.66 255.09 none
234,067.06
44 '125.52 885.41 912.12
none
none none 1,973.01
611 . 235. 85

LIABILITIES:
Capital Stock .................... $ Surplus Fund. . . . . . . . ........ . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks........... . Certified Checks................. . Demand Deposits................ . Time Certificates of Deposits. Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Rediscounted .. Other Liabilities.....

Total.

... $

100,000.00 20,000.00 41,396.32 20,000.00 10,534.29 none 4,406.81 none
160,841.20 ~4 ,281. 62
219,696.09
none none none 79.52
611 .2~5.85

12

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE CITIZENS BANK & TRUST CO.

Bainbridge, Ga.

As called for by the Superintendent of Banks.

H. L. GA~S, President.
Date of Charter: 2-17-1920

E. F. VICKERS, Cashier.
Began Business: 12-19-1911

RESOURCES:
Loans and Discounts .............. $ State of Georgia and l\lunicipal
Bonds owned ................ , .. U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .......... . Furniture and Fixtures ......... . Other Heal Estate owned ......... . Cash in Yault and amount due from
approvPd Reserve Agents ....... . Checks for Clearing and Due from
other Banks ........... . Cash Items ............... .
~d~-~~~:ts ~-~ c~tton and .o.th~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .. Other Resources.

Total. ...

.......... $

353,201.84
none 3,000.00 52,300.00
none 3,800.00 18,690.50
129 '985. 50
9,716.24 none
1,999.81
1,278.40
none none 4,652.57
578,624.86

LIABILITIES:

Capital Stock.

. .$

Capital K otes.

Surplus Fund

Undivided Profits ..

Reserve Funds .

Due to Banks ........ .

Dividends Unpaid .

Cashier's Checks .......... .

Certified Checks ..

Demand Deposit8 ............ .

Time CertificateR of Deposits .. .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ..... .

Bills Payable. . . . ...

Notes and Bills Rediscounted.

Other Liabilities .....

Total ........................... $

7.5 ,000, 00 75,000.00
7,500.00 9,638.68
none none none 1,648.44 none 234,584' 48 45,060.00 130' 193.26
none none none none
.'i78, 624.86

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS BANK

Ball Ground, Ga.

As called for by the Superintendent of Banks.

M. G. HENDRIX, President.
Date of Charter: 9-28-1926

B. R. JONES, Cashier.
Began Business: 10-1-1926

RESOURCES:
Loans and Discounts .............. $ State of Georgia and :vrunicipal
Bonds o:ned .............. , ... . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due frpm
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss .................. . Other Hesources ................. .
Total. ............... .$

45,010.99
none 57' 798.00
4,567.50 1,000.00 1,000.00
none
135,082.88
none none none
none
none none none
244,459.37

LIABILITIES:

Capital Stock .

.$

Surplus Fund ............... .

Undivided Profits............ .

Reserve Funds. . . .......... .

Due to Banks ...

Dividends Unpaid ....... , ... .

Cashier's Checks............. .

Certified Checks......... .

Demand Deposits................ .

Time Cert~ficates of Deposits ... , .. .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers......... .

Bills Payable .................... .

Notes and Bills Rediscounted ... , ..

Other Liabilities................. .

Total. ........................... $

15,000.00 5,000.00 5,964.94 none none none none none
170,850.69 47,643.74 none
none none none none
244,459.37

FIFTEENTH ANNUAL REPORT

13

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BAXLEY STATE BANK

Baxley, Ga.

As called for by the Superintendent of Banks.

J. W. TIPPINS, President.
Date of Charter: 8-23-1917

C. E. MOORE, Cashier.
Began Business: 8-25-1917

RESOURCES:
Loans and Discounts.............. $ State of Georgia and J\Iunicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot ......... . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ... Checks for Clearing and Due from
other Banks..... . Cash Items ............... . Overdrafts ... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances .. . Profit and Loss .................. . Other Resources ....... .
Total ............................ $

117,126.54
none 3,000.00 2,600.00
none 3,500.00 9,540.64
42 '181. 75
none none none
66,140.46
none none none
244,089.39

LIABILITIES:

Capital Stock

............. $

Capital X otes ... .

Surplus Fund ... .

Undivided Profits.

Reserve Funds ....... .

Due to Banks ................... .

Dividends Unpaid ......... .

Cashier's Cheeks ......... .

Certified Checks ................. .

Demand Deposits ................ .

Time Certifirates of Peposits ...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable ............... .

Note' and Bills Rediscounted.

Other Liabilities ......... .

Total. .....

.$

25,000.00 25,000.00
8,000.00 71.31 none none none
1,024.49 none
147,437.31 4,814.40
32 '741.88
none none none none
244,089.a9

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BLACKSHEAR BANK

Blackshear, Ga.

As called for by the Superintendent of Banks.

A. P. BRANTLEY, President.
Date of Charter: 9-11-1891

P. L. POMEROY, Cashier.
Began Business: 7-7-1892

RESOURCES:
Loans and Discounts .............. $ State of Georgia and l\lunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and AcceptancPs......... . Profit and Loss.................. . Other Resources ................. .
Total. ........................... $

195,467.75
none 162,568.13
2,250.00 none
2,980.22 15,881.23
109,371.58
none none none
40,630.08
none none none
529 ,148. 99

LIABILITIES:

Capital Stock. .

. ............ $

Surplus Fund ....... .

Undivided Profits .... .

Reserve Funds . . . . ........... .

Due to Banks ................... .

Dividends Unpaid ............... .

Cashier's Checks ........... .

Certified Checks................. .

Demand Deposits ................ .

Time Certificates of Deposits...... .

Savings Deposits .... , ........... .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable ... ~ ................ .

Notes and Bills Rediscounted ..... .

Other Liabilities................. .

Total. ........................... $

50,000.00 25,000.00 50,815.28
none none none 145.04 none 227,977.12 175,211.55 none
none none none none
529,148.99

14

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FANNIN COUNTY BANK

Blue Ridge, Ga.

As called for by the Superintendent of Banks.

,J. M. EATON, Sn., President.
Date of Charter: 5-28-1916

W. E. HENSLEE, Cashier.
Began Business: 6-6-1916

HESOUHCES:
Loans and Discounts.............. $ Rtate of Georgia and }1unicipal
Bonds owned. . . . . L. S. Government Securities owned. Other Stocks and Bonds owned.... Banking House and Lot ... Furniture and Fixtures .. Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ... Checks for Clearing and Due from
other Banks ........ . Cash Items. Overdrafts ........... . Advance on Cotton and other
CommoditiPs ................ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ..... Other Resources.

Total. ......... .

.. .... $

LIAB1LITIES:

109,boo.27
none 10,477.78
none 18,000.00
6,500.00 16,585.60
88,186.14
120.00 49:l. 61 114.30
none
none none :3 '3-!5. 7.5

Capital Stock.. .. .. .. .. .. ..

.$

Capital l\otes ....

Surplus Fund

Undivided Profits ..

Heserve Funds .. .

Due to Banks ... .

Dividends Unpaid .. .

Cashier's Checks ... .

Certified Checks ............ .

Demand De-posits ................ .

Time Certificates of Deposits ...... .

Savings Deposits ................ .

LettPrs of Credit and Acceptances

executed for Customers ..

Bills Payable ............... .

~ otes and Bills Hediscounted.

Other Liabilities ....

2.1:3, 6R9. 45 , Total.

... 3

15,000,00 12' 500.00
3,000.00 none
1 ,9l0.00 none none
3b2. {)2 none
107,092. 7S 59,098.21 54,699.84
none none none none
2.'i3 '689. 45

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE FARMERS BANK

Blythe, Ga.

As called for by the Superintendent of Banks.

L. W. DYE, President. Date of Charter: 8-28~1909

T. M. NICKLES, Cashier.
Began Business: 9-1-1909

HESOUHCES:

Loans and Discounts.............. $

State of Georgia and ~Iunicipal

Bonds owned.................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot .......... .

Furniture and Fixtures ........... .

Other Heal Estate owned ......... .

Cash in Vault and amount due from

approyed Reserve Agents ....... .

Checks for Clearing and Due from

other Banks.

. .......... .

Cash Items. . .

. .......... .

Overdrafts ...................... .

Advance on Cotton and other

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances .. .

Profit and Loss ................ .

Other Resources .... .

Total..

.... $

19,294.40
none none none 1,947.50 750.00 285.55
12,889.66
none none 144.85
14,405.16
none none none
4\l, 717.12

LIABILITIER:

Capital Stock. .

. ..... $

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds.

Due to Banks ..... .

Dividends Unpaid .. .

Cashier's Checks. . . . . . ......... .

Certified Checks ................. .

Demand Deposits ................ .

Time Certificates of Deposits ...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers......... .

Bills Payable .................... .

Notes and Bills Rediscounted.

Other Liabilities.

. ......... .

15,000.00 5,000.00 1,999.15 none 2,816.57 none 272.84 none
14,589.50 223.64
4 '755 .50
none 5,059 0 92
none none

Total . . ......................... $_ __:4_::9_._,7'-'1:..:7...:..::.12=-

FIFTEENTH ANNUAL REPORT

15

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE COMMERCIAL BANK

Bowdon, Ga.

As called for hy the Superintendent of Banks.

J. A. MANDEVILLE, President.
Date of Charter: 9-20-1926

M. L. JOHNSON, Cashier.
Began Business: 9-20-1926

RESOURCES:

Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .. Banking House and Lot. . . . . . }.
Furniture and Fixtures . . . . . . .
Other Real Estate owned ......... .
Cash in Vault and amount due from approved Reserve Agents.
Checks for Clearing and Due from other Banks .... .
Cash Items ..... .
~d~~'!:'~:ts~;,:. c~tt~;,: .. ~;,d . oth~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances ....... . Profit and Loss .............. .
Other Resources.

Total. ....

.. $

88,453.88
3,800.00 41,144.00
none 3,500.00
none
59,256.01
none none 161.22
19,620.45
none none none
215,935.56

LIABILITIES:

Capital Stock. . . . . .

. .. $

~':."Ji~id;n.~~fiis'.:

Reserve Funds ..... .

Due to Banks ...... .

Dividends Unpaid ... .

Cashier's Checks ..... .

Certified Checks ..... .

Demand Deposits ............ .

Time Certificates of Deposits ... .

Savings Deposits. . . . . . . . . . ..... .

Letters of Credit and Acceptances

executed for Customers ... .

Bills Payable ................ .

Notes and Bills Rediscounted ..

Other Liabilities.

Total. ....

. ... $

25,000.00 10,000.00
5,314.34 250.00 none none 939.25 none
158,610.29 15,821.68 none
none none none none
215,935.56

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS & MERCHANTS BANK

Brewton, Ga.

As called for by the Superintendent of Banks.

JAMES L. KEEN, President.
Date of Charter: 5-26-1910

L. P. KEEN, Cashier.
Began Business: 7-6-1910

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned. . . . . . . . . . . . . . .... U. S. Government Securities owned. Other Stocks and Bonds owned .. Banking House and Lot .. Furniture and Fixtures ... Other Real Estate owned. . . . . . . . . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks.... Cash Items.
~d~:'!:'ca:ts ~;, . c~it~,; . ~n.d . ~th~~
Commodities. . . . ............ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss..... Other Resources ..

Total. ..

. . .$

115,542.76
none 2 ,903. 79
257.96 1,806.25 2,256.67 7.633.83
44,644.11
none none 865.60
816.54
none none 1,312.05
178,039.56

LIABILITIES:

Capital Stock .

. .. $

Capital Notes.

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds .. .

Due to Banks ........ .

Dividends Unpaid ... .

Cashier's Checks..... .

Certified Checks .... .

Demand Deposits .............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .... .

Bills Payable............... .

Notes and Bills Rediscounted.

Other Liabilities ....

Total .......... .

.. $

15,000.00 10,000.00
5,000.00 2,157.98
none none none 537.21 none 115 '919. 25 29,425.12 none
none none none none
178,039.56

16

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BRUNSWICK BANK & TRUST COMPANY

Brunswick, Ga.

As called for by the Superintendent of Banks.

F. D. AIKEN, President.
Date of Charter: 10-7-1889

I. M. AIKEN, Cashier.
Began Business: 1889

RESOURCES:

LIABILITIES:

Loans and Discounts .............. $

State of Georgia and Municipal

Bonds owned. . . . . . . . . . ..

U. S. Government Securities owned.

Other Stocks and Bonds owned ..

Banking House and Lot.

Furniture and Fixtures ... .

Other Real Estate Cash in Vault and

owned .... . amount due.

fr"ar~

approved Reserve Agents ...

Checks for Clearing and Due from

other Banks ..

Cuhll=u ................ .

Overdrafts ........... .

Advance on Cotton and other

Commodities ............... .

Customers Liability on Letters of

Credit and Acceptances ..

Profit and Loss ..

Other Resources.

642,070.22
33,669.30 348,976.93 309,534.12
40' 000.00 13,321.50 123,867.15
181,486.50
12,624.39 6 '964. 44 9.47
105.88
none none 51.23

Capital Stock. . .

. ... $

Surplus Fund ....

Undivided Profits.

Reserve Funds. . . . ......... .

Due to Banks ..... .

Dividends Unpaid .. .

Cashier's Checks ... .

Certified Checks .. .

Demand Deposits ......... .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . .....

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted .

Other Liabilities.

230 '000. 00 100' 000.00
3,695.23 14,996.15 63 '001. 07
2,341.00 35' 811.90
491.11 718,054.80
38,230.:30 456,011.75
none 50,000.00
none 47.82

Total.

. ....... $ 1,712,681.13 I Total.

................. $ 1,712,0S1.13

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

HARALSON COUNTY BANK

Buchanan, Ga.

As called for by the Superintendent of Banks.

J. L. EAVES, President.
Date of Charter: 3-3-1909

H. G. RICHARDSON, Cashier.
Began Business: 3-4-1909

RESOURCES:
Loans and D;srounts .............. $ State of Georgia and ~Municipal
Bonds owned .................. . L. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot . Furniture and Fixtures .. Other Real Estate owned. . ...... . Cash in Vault and amount due from
approved Reserve Agents ... Checks for Clearing and Due from
other Banks .. Cash Items.
~d~~~rc~fts~n.. C~tt~~ ..~~d .. ~th~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .... Other Resources ..

Total.

.$

none 12,200.00
none 1,500.00 2,000.00 1,700.00
205' 156.26
none 36.35 575.35
none
none none none
341,66.5.97

LIABILITIES:

Capital Stock. . . . . . .
t::-al:1'd!d'P~~fits'.: :

. ..... $

Reserve Funds .. .

Due to Bank8 .... .

Dividends Unpaid ..

Cashier's Checks ...

Certified Checks ..

Demand Deposits ......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ...

Bills Payable............... .

Notes and Bills Rediscounted.

Other Liabilities ............ .

Total. ....

$

40,000.00 15,000.00
2,809.14 none none none
9,09:1.42 none
2.57 '020. 45 17,092.96 none
none none none none
341,665.97

FIFTEENTH ANNUAL REPORT

17

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BUENA VISTA LOAN & SAVINGS BANK

Buena Vista, Ga.

As called for by the Superintendent of Banks.

WM. C. WOOTEN, President.
Date of Charter: 9-22-1887

0. H. LEWIS, Cashier.
Began Business: 1889

RESOURCES:

Loans and Discounts.............. $

State of Georgia and Municipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned .... .

Banking House and Lot .......... .

Furniture and Fixtures ........... .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from

other Banks .......... .

Cash Items ...... .

Overdrafts. Advance on

Cotton

and .o.th~~

Comrnodities ................ :.

Customers Liability on Letters of

Credit and Acceptances ...... .

Profit and Loss ..

Other Resources ............. .

Total. ......... .

...... $

127,942.25
none none 14,100.00 4,000.00 2. 791.25 7 ,642. 51
36,842.21
903.53 none none
11,269.16
none none 857.12
206,348.03

LIABILITIES:

Capital Stock. . . . . .

. ... $

Surplus Fund .... .

Undivided Profits .. .

Reserve Funds ... .

Due to Banks .... .

Dividends Unpaid .. .

Cashier's Checks ..... .

Certified Checks...... .

Demand Deposits ......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable. . . . . . . . . . . . ... .

N otcs and Bills Rediscounted.

Other Liabilities.

Total. ....

. .$

30,000.00 15,393.99
4,197.5.5 none none none
486.01 none
97,165.55 43,119.25
none
none 15.985.68
none none
206,348.03

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

SHADBURN BANKING CO.

Buford, Ga.

As called for by the Superintendent of Banks.

MRS. KATE ALLEN SHADBURN,

E. A. WILBANKS,

President.

Cashier.

Date of Charter: 1-23-1901

Began Business: 2-11-1901

RESOURCES:
Loans and Discounts .............. S State of Georgia and 1\Iunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ... . Other Real Estate owned ......... . Cash in Vault and amount due front
approved Reserve Agents, ...... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Overdrafts ...... ................ . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources ................. .
Total. ........................... S

190,311.05
none none 3,976.25 none 4,072.83 39,774.75
114,978.38
none 5,107.91
none
6,497.27
none 2,117.50 2,734.00
369,569.94

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits ..... . Reserve Funds ...... . Due to Banks ....... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks................. . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

40,000.00 15,000.00
none 6,687.96
none none 2,529.16 none 177,886.30 13,254.20 114,212.32
none none none none
369,569.94

18

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE CITIZENS STATE BANK

Butler, Ga.

As called for by the Superintendent of Banks.

J. W. EDWARDS, President.
Date of Charter: 9-4-1926

L. R. ADAMS, Cashier.
Began Business: 9-4-1926

RESOURCES:

Loans and Discounts .............. $ State of Georgia and l\Iunicipal
Bonds owned.................. . U.S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot Furniture and Fixtures ........... . Other Heal Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agent!"! ....... . Checks for Clearing and Due from
other Banks ...... . Cash Item~ ............. .
~d~~'!;'g:ts ~~ Cotton . ~~d other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .......... .
Other RcsourC'CS.

Total. .................. .

.$

87,008.99
none 11,047.00
none none 200.00 100.00
58' 717.88
719.18 none none
4,067.58
none none none
161,860.63

LIABILITIES:

Capital Stock.

.......... $

Surplus Fund .....

Undivided Profits ..

Heserve Funds .

Due to Bunks .....

Dividends Unpaid.

Cashier's Checks ... .

Certified Checks .. .

Demand Deposit:;~

.

Time Certificates of Deposits ..

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable ............... .

Notes and Bills Hediscounted.

Other Liabilities ...

Total.

. .$

15,000.00 11,000.00
74.79 none none none
4 '709.60 none
131,076.24 none none
none none none none
161,8GO.O:>

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF BYROMVILLE

Byromville, Ga.

As called for by the Superintendent of Banks.

J. D. LESTER, President.
Date of Charter: 7-19-1920

S. H. BUXTON, Cashier.
Began Business: 7-26-1920

RESOURCES:
Loans and Discounts.............. $ State of Georgia and ~1 unicipal
Bonds owned .................. . U. S. Government fSccuritics owned. Other Stocks and Bonds owned ..... Banking House and Lot. Furniture and Fixtures ........... . Other Heal Estate owned ......... . Cash in Vault and amount due from
approved Heserve Agents ....... . Checks for Clearing and Due from
other Banks ................. . Cash Items. . . . . . . . . . ........ .
~d~~'!;'g:ts 'a'n' c~ti~,; ~~d o'ti,~r
Commodities .................. . Customers Liability on Letters of
Credit and AcceptanPes ......... . Profit and Loss ...... . Other Resources ..... .
Total............................ $

99 '72~. 63
none none none 1,500.00 800.00 none
16,023.85
none none 67.03
295.59
none none 113.27
118,528.37

LIABILITIES:

Capital Stock.

.. ........... $

Capital ::-.J otes.

Surplus Fund ..... .

UndiYidcd Profits ................ .

Reserve Funds.

Due to Banks ...

Diddends Unpaid.

Cashier's Checks.

Certified Checks.

Demand Deposits.......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ..... .

Bills Payable .................... .

Notes and Bills RcdiscountPd.

Other Liabilities ..

Total. .......... .

. ... $

15,000.00 7 ,.'iOO.OO 500.00 3,542 .5G none none none 1,662.17 none
57' 563.84 12,759.80
none
none 20,000.00
none none
118,528.37

FIFTEENTH ANNUAL REPORT

19

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CAIRO BANKING COMPANY

Cairo, Ga.

As called for by the Superintendent of Banks.

HENRY HESTER, President.
Date of Charter: 11-23-1903

H. E. McKINNON, Cashier.
Began Business: 11-23-1903

RESOURCES:

Loans and Discounts .............. $

State of Georgia and :\lunicipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned .... .

Banking House and Lot .......... .

Furniture and Fixtures ... .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from

other Banks.

. ........ .

Cash Items ..... .

Ovenlrafts ................ .

Advanre on Cotton and other

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances......... .

Profit and Loss.. . . . . ........... .

Other Resources ....

Total ............. .

....... $

164' 120.65
none 19,025.00
none 6,500.00 2,000.00
none
91 ,046.41
5,357. 20 none none
none
3,075.00 none
103,516.87
394,641.13

LIABILITIES:

Capital Stock .................... $

Capital Notes ................... .

Surplus Fund. . . . . . . ........ .

Undivided Profits ...

Reserve Funds.

Due to Banks .....

Dividends Unpaid ..

Cashier's Checks ......... .

Certified Checks......... .

Demand Deposits

......... .

Time Certificates of Deposits...... .

Savings Deposits ................ .

Letters of Credit nnd Acceptances

executed for Customers ......... .

Bills Payable. . . . ..... .

Notes and Bills Rediscounted.

Other Liabilities ........... .

35,000.00 20,000.00 10,000.00
103.90 20,398.03
none 2,800.00 4,521.14
none 216 '943. 98
41,995.67 41,963.41
915.00 none none none

Total.

..$ 394,641.13

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS BANK

Cairo, Ga.

As called for by the Superintendent of Banks.

IRA HIGDON, President.
Date of Charter: 12-3-1903

J. C. MINTER, Cashier.
Began Business: 1-1-1904

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Th.Iunicipal
Bonds owned .................. . 'C. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts. . . . . ............... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss .................. . Other Resources ................. .
Total. ........................... $

65,008.92
none 53,607.00
none 15,000.00
2,625.00 52,900.00
91,334.43
13,979.84 none none
39,577.98
none none 459.49
334,492.66

LIABILITIES:
Capital Stock .................... $ Capital Notes ................... . Undivided Profits ................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ....... . Cashier's Checks................. . Certified Checks ................. . Demand Deposits ................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

50,000.00 5,000.00 563.31 2,599.72 none none 947.25 none
159,202.46 53,227.46 62,952.46
none none none none
334.492.66

20

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF CAMILLA

Camilla, Ga.

As called for by the Superintendent of Banks.

J. E. BROOKS, President.
Date of Charter: 11-4-1889

W. W. BROOKS, Cashier.
Began Business: 1-2-1890

RESOURCES:

LIABILITIE,;:

Loans and Discounts .............. $ State of Georgia and l\lunidpal
Bonds owned ......... , ........ . U. S. Government Securities owned.
Other Stocks and Bonds owned ..... Banking House and Lot. Furniture and Fixtures .......... .
Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents.
Checks for Clearing and Due from other Banks ........... .
Cash Items .......... .
~d~~~:tts.o.r{ c~tt~r't ~~d -~th'e~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss .......... . Other Hcsources ..

56' 141.55
37,000.00 18,200.00
none 16,000.00
5,000.00 28,000.00
78,092.73
608.30 none none
124,522.07
none none none

Capital Stock. . . . . . . . . . . . . . . . . $
Surplus Fund ....... . Undivided Profits ... . Reserve :Funds .. . Due to Banks ... . Dividends Unpaid ..
Cashier's Checks .. . Certified Checks .. . Demand Deposits ............ . Time Certificates of Deposits .. . Savings Deposits. . . ........... . Letters of Credit and Acceptances
executed for Customers. Bills Payable ............... . Notes and Bills Rediscounted.
Other Liabilities.

Total. ...

..... $363,"564. M I Total. ..

.$

25,000.00 none
1,037.00 none none none
12,947.74 none
303 '941. 03 4,307.55 16,331.33
none none none none
363,554.65

STATEMENT

Showing condition at the close of Busine s December 31, 1934, of the

PLANTERS & CITIZENS BANK

Camilla, Ga.

As called for by the Superintendent of Banks.

G. B. COCHRAN, President.
Date of Charter: 5-24-1913

E. J. VANN, JR., Cashier.
Began Business: 5-24-1913

HESOURCES:
Loans and Discounts .............. $ State of Georgia and I\lunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss .................. . Other Resources ................. .
Total. ........................... $

65,900.13
none 5,725.00
none 8 ,250. 00 2,750.00 16,350.00
40,189.48
4,711.13 none none
68,327.28
none none none
212,203.02

LIABILITIES:

Capital Stock .... , . .

.$

Capital Notes ...... .

Surplus Fund ...... .

Undivided Profits ... .

Reserve Funds .............. .

Due to Banks ............... .

Dividends Unpaid ............... .

Cashier's Checks ................. .

Certified Checks................. .

Demand Deposits ................ .

Time Certificates of Deposits...... .

Savings Deposits ................ .

Letters of Crcdit and Acceptances

executed for Customers ......... .

Bills Payable .................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. .

Total. ........................... $

25,000.00 15,000.00
none 340.83
none none none 856.85 none 123,096.45 9,882.08 38,026.81
none none none none
212,203.02

FIFTEENTH ANNUAL REPORT

21

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF CANTON

Canton, Ga.

As called for by the Superintendent of Banks.

R. T. JONES, President.
Date of Charter: 11-17-1892

W. S. ELLOITT, V. P. & Cashier.
Began Business: 12-21-1892

RESOURCES:
Loans and Discounts .............. $ State of Georgia and }.Iunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Rstate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... .
~d~~;ca~ts~~ c~tt~~ ~~d ~tb.~~
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss .................. . Other Resources ................ .

410,868.95
49,500.00 70,000.00 123,357.64 31,448.00
3,359.00 36,229.33
673,537.63
308.68 none none
none
none none 1 ,203. 97

Total. ........................... $ 1,399,813.20

LIABILITIES;
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits.. , ............. . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Cheeks ................. . Certified Checks................. . Demand Deposits ................ . Time Certificatf'S of Deposits ...... . Savings Deposits ................ . Letters of Credit and AccPptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .

150,000,00 150,000,00 33,288.74
none 25,399.98
63.00 44.33 none 683,009.22 164,183.62 193,824.31
none none none none

Total.

............ $ 1,399,813.20

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

ETOWAH BANK

Canton, Ga.

As called for by the Superintendent of Banks.

OLIN FINCHER, President.
Date of Charter: 1-22-1927

N. A. THOMASON, Cashier.
Began Business: 1-29-1927

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds O\vned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Ca.Bh in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks .................. . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources .......... , ...... .
Total. ........................... $

96,309.38
none 36,396.67
2,471.53 12,000.00
2 ,235. 00 none
137,568.80
698.95 none
136.88
none
none none 547.80
288,365.01

LIABILITIES;

Capital Stock.

. .............. $

Surplus Fund ................... .

Undivided Profits................ .

Reserve Funds .................. .

Due to Banks ................... .

Dividends Unpaid ............... .

Cashier's Checks ................. .

Certified Checks....... , ......... .

Demand Deposits ................ .

Time Certificates of Deposits...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable.................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. .

Total. ........................... $

25,000.00 3,000.00 2,038. 70 1,000.00 none none 85.60 none
172,414.91 42,689.91 42,135.89
none none none none
288,365.01

22

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE PEOPLES BANK

Carrollton, Ga.

As called for by the Superintendent of Banks.

HORACE STEWART, President.
Date of Charter: 11-10-1909

L. M. KING, Cashier.
Began Business: 12-1-1909

RESOURCES:

LIABILITIES:

Loans and Discounts .............. S State of Georgia and ::\Iunicipal
Bonds owned.................. . U. S. Government Securities owned.
Other Stocks and Bonds owned ..... Banking House and Lot ... . Furniture and Fixtures ......... .
Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Cheeks for Clearing and Due from
other Banks ................... . Cash Items.
~d~~~::ts o;; C~tt~,; .. ~;,d other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss ..
Other Resources ............. .

256,000.72
none 49 '750. 00
none 40,000.00
3,000.00 45,438.00
180,594.21
none none none
none
none none none

Capital Stock .................... $ Surplus Fund ................... . Undivided Profits ............ . Heserve Funds .................. . Due to Banks ................... . Dividends 'C npaid ............. . Cashier's Checks.............. .
Certified Checks .............. . Demand Deposits................ . Tirne Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ....... . Bills Payable ..................... . Notes and Bills Rediscounted ..... . Other Liabilities. . ............ .

_T~ot~a=l~~~~~~~~~~~~~~~~~~~~S~~5~74~,7~8~2~~93~~T~o~t=a=l.~.~~~~~$

60,000.00 60,000.00
54.85 10,189.17
none none 7' 740.68 84.40 435,653.82 none none
none none none 1,060.01
574,782.93

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE COMMERCIAL BANK OF CEDARTOWN

Cedartown, Ga.

As called for by the Superintendent of Banks.

R. 0. PITTS, President.
Date of Charter: 10-16-1889

A. W. STUBBS, V. P. & Cashier. Began Business: 12-11-1889

RESOURCES:

Loans and Discounts. . ........... $

State of Georgia and l\1unicipal

Bonds owned. . . . . . . . . . . . . . ...

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot.

. ... : \

Furniture and Fixtures. . . . .... J

Other Real Estate owned. . . . ... .

Cash in Vault and amount due

from approved RPserve Age-nts ..

Checks for Clearing and Due from

other Banks ...

Cash Items.

~d~~::ts ~;, . c~tt~,; . ~;,d . oth~;.

Commodities ................ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ... Other Resources.

Total. ....

.$

500,062.57
20,958.40 60,910.98
1,500.00 23,370.59
40 '932. 46
217 '538. 83
3,511.64 706.21
1,333.66
65,645.44
none none 1,865.51
938,336.29

LIABILITIES:

Capital Stock. .

.$

Surplus Fund ..... .

t:ndivided Profits .. .

Reserve Funds ..

Due to Banks ................ .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks ..

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ............... .

Letters of Cre-dit and Acceptances

executed for Customers.

Bills Payable. . . . . . . . . . . . . . . .

Notes and Bills Rediscounted.

Other Liabilities.

140,000.00 140,000.00
8,124.63 none none
5,781.20 2,502.08 4,067.39 316' 521.44 105,065.86 216,273.69
none none none none

Total. ....

s 938,336.29

FIFTEENTH ANNUAL REPORT

23

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS AND MERCHANTS BANK

Charing, Ga.

As called for by the Superintendent of Banks.

S. GARRETT, President.
Date of Charter: 9-21-1912

S. GARRETT, JR., Cashier.
Began Business: 11-6-1912

RESOURCES:
Loans and Discounts .. ............ $ State of Georgia and Municipal
Bonds owned . ................. . U. S. Government Securities owned. Other Stocks and Bonds owned..... Banking House and Lot .. Furniture and Fixtures . . . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents . ...... . Checks for Clearing and Due from
other Banks .... Cash Items ...
~d~~~::ts ~n c~ito,; . and . ~th~~ Commodities . ............... . Customers Liability on Letters of
Credit and Acceptances . .... Profit and Loss .. Other Resources.

Total .......

.. $

21,955.39
none 300.00
.none none none 6,950.63
17,097.96
none none none
4,716.13
none 83.23
none
51,103.34

LIABILITIES:

Capital Stock. . . . . .

. .... $

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds . . . .

Due to Banks ........ .

Dividends Unpaid ... .

Cashier's Checks .. .

Certified Checks.... .

Demand Deposits.......... .

Time Certificates of Deposits.

Savings Deposits . ............... .

Letters of Credit and Acceptances

executed for Customers . . .

Bills Payable............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ....

.$

15,000.00 3,000.00 none none none none 211.60 none
32,638.09 253.65 none
none none none none
51,103.34

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

COHUTTA BANKING COMPANY

Chattsworth, Ga.

As called for by the Superintendent of Banks.

EARL C. FOSTER, President.
Date of Charter: 7-17-1905

R. E. CHAMBERS, Cashier.
Began Business: 1-24-1906

RESOURCES:

Loans and Discounts.............. $

State of Georgia and Municipal

Bonds owned . ................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned....

Banking House and Lot ..

Furniture and Fixtures . . .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents . ...... .

Checks for Clearing and Due from

other Banks ....

Cash Items ...

Overdrafts. Advance on

....... Cotton

.

.

~,;,d





~the. ~

Commodities ..... ............ .

Customers Liability on Letters of

Credit and Acceptances.....

Profit and Loss ..

Other Resources.

Total. ........ .

..$

124,487.12
none 7,506.34
none 1,915.31 2,175.00 14,666.34
15,010.25
none none 403.08
3 ,290. 77
none none 14,822.40
184,276.61

LIABILITIES:

Capital Stock .

.

$

Capital Notes ................... .

Surplus Fund ..... .

Undivided Profits ............ .

Reserve Funds . . .

Due to Banks ........ .

Dividends Unpaid .. .

Cashier's Checks . ... .

Certified Checks ................. .

Demand Deposits ................ .

Time Certificates of Deposits .. . .

Savings Deposits . ............... .

Letters of Credit and Acceptances

executed for Customers .. ....... .

Bills Payable..

. ..

Notes and Bills Rediscounted .....

Other Liabilities .....

Total. .......... .

..$

15,000.00 15,000.00
none 1,108.07
835.20 none none
7,226.49 1,340.80 86,237.60 20,803.30 24,670.43
none 12,054.72
none nOne
184,276.61

24

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF CHICKAMAUGA

Chickamauga, Ga.

As called for by the Superintendent of Banks.

ELDER G. GLENN, President.
Date of Charter: 2-10-1910

MERCER CLEMENTSON, Cashier.
Began Business: 5-10-1910

RESOURCES:

Loans and Discounts .............. $

State of Georgia and Municipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot ..

Furniture and Fixtures .. .

Other Real Estate owned ......... .

Cash in Vault and amount due from approved Reserve Agents.

Checks for Clearing and Due from

other Banks ....

Cash Items ..
~d~~~::ts ~;,_ C~tt~,; ~;,(! oth~~

Commodities ................ Customers Liability on Letters

.

~~

Credit and Acceptances.

Profit and Loss. ~ .

Other Resources ............ .

Total..

.$

107,085.45
26,475.00 20,050.00
none 10,000.00
2,970.00 31,544.36
42,766.46
none none none
none
none none 1,088.10
241,979.37

LIABILITIES:

Capital Stock. .

. ............ $

Surplus Fund ...... .

Undivided Profits .. .

Reserve Funds .

Due to Banks. . ..

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks .. .

Demand Deposits ............ .

Time Certificates of Deposits .... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ... .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ......................... $

50,000.00 5,000.00 none none none none 154' 83 none
86,449' 91 3,087.50
97,287.13
none none none none
241,979,37

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS & MERCHANTS BANK

Chipley, Ga.

As called for by the Superintendent of Banks.

HENRY ZACHRY, President.
Date of Charter: 3-22-1909

ROY ASKEW, Cashier.
Began Business: 4-19-1909

RESOURCES:

Loans and Discounts.............. $

State of Georgia and Municipal

Bonds owned................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot.

Furniture and Fixtures .. .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents.

Checks for Clearing and Due from

other Banks ........ .

Cash Items ...

~d~~~::ts ~;,_ C~tton . ~;,(! other

Commodities

.......... ..

Customers Liability on Letters of

Credit and Acceptances.....

Profit and Loss ...

Other Resources.

Total. ....

... $

180,608.11
none none 6,649.15 2,600.00 3,400.00 4,800.00
15 '792. 62
531.96 none
182.64
6,888.55.
none none none
221,453.03

LIABILITIES:
Capital Stock .................... $ Capital Notes ..... , ............. . Surplus Fund ...... . Undivided Profits .. . Reserve Funds . . Due to Banks. Dividends Unpaid. Cashier's Checks .... . Certified Checks................. . Demand Deposits .... . Time Certificates of Deposits .. Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .. Notes and Bills Rediscounted .. Other Liabilities.

Total.

.$

25,000.00 25,000.00
none 798.87
none none none I ,371.67 none 152' 794,85 11,022.68 5,464.96
none none none none
221 ,453. 03

FIFTEENTH ANNUAL REPORT

25

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

HABERSHAM BANK

Clarkesville, Ga.

As called for by the Superintendent of Banks.

W. R. ASBURY, President.
Date of Charter: 5-13-1904

W. S. WHITWORTH Cashier.
Began Business: 5-13-1904

RESOURCES:
Loans and Discounts.............. $ State of Georgia and Municipal
Bonds owned........ , ......... . U. S. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot. ......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . 0 ther Resources ................. .
Total. ........................... $

60,879.55
none 18' 171.88
none 9,500.00 2,623.90 3,305.00
73 '118.20
none none none
none
none none 324.13
167,922.66

LIABILITIES:
Capital Stock .. , ................. $ Surplus Fund ....... . Undivided Profits..... . Reserve Funds . . . . .. . Due to Banks ........... . Dividends Unpaid ....... . Cashier's Checks............ . Certified Checks....... , ..... . Demand Deposits ............. . Time Certificates of Deposits .... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable.................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

25,000.00 5,000.00 3 ,415.81 none none none 301.07 none 60,022.94 74 '182. 84 none
none none none none
167 '922. 66

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF CLAYTON

Clayton, Ga.

As called for by the Superintendent of Banks.

J. C. DOVER, President.
Date of Charter: 6-30-1904

T. A. DUCKETT, Cashier.
Began Business: 7-1--1904

RESOURCES:

Loans and Discounts.............. $ State of Georgia and Municipal
Bonds owned.... , ............. . U.S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... .
Furniture and Fixtures ....... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks... .
Cash Items ... .
~d~~~c";[ts ~;, 'C:~tt~,; . ~;.,d other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss ..
Other Resources.

Total. ........ .

. ..... $

109,076.65
4,115.00 16,115.00 12,490.00 4,000.00
1,100.00 8,132.44
177,240.59
637.22 none
173.48
none
none none 701.31
333,781.69

LIABILITIES:
Capital Stock. . . . . . . . . . . . . . . . .$ Surplus Fund ..... . Undivided Profits .. . Reserve Funds ... . Due to Banks .......... . Dividends Unpaid ...... . Cashier's Checks.............. . Certified Checks............. . Demand Deposits .............. . Time Certificates of Deposits ... . Savings Deposits. . . . . . . . . . . . . . . . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable .................... . Notes and Bills Rediscounted .... . Other Liabilities .......... .

Total. .....

.$

25,000.00 10,000.00
8,619.61 324.07 none 20.00 443.55 none
182,869.61 106,504.85
none
none none none none
333 '781.69

26

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1934, of the

T. W. FISHER, President.
Date of Charter:

STATE BANK OF COCHRAN

Cochran, Ga.

As called for by the Superintendent of Banks.

12-22-1921

L. S. LEACH, Cashier.
Began Business: 1-5-1922

RESOURCES:

Loans and Discounts. . . . . . . . . . . . .$ State of Georgia and Municipal
Bonds owned. . . U. S. Government Securities owned. Other Stocks and Bonds owned .. Banking House and Lot .. .

Furniture and Fixtures ... .

Other Real Estate owned. . . . . . . . .

Cash in Vault and amount due from

approved Checks for

Reserve Agents ... Clearing and Due.

fr~;;,

other Banks .............. . Cash Items. . ........ .

Overdrafts. Advance on

Cott~,; ~;.d. other

Cu~~:~~~i~i!biiiiY ~~- 'L~ite.rS. ~-f

Credit and Acceptances ...

Profit and Loss .. Other Resources.

Total. ....

$

124,541.83
none 40,437 0 50 50,893.15
3,500.00 2,000.00 5,515.00
46,030.09
1,038.55 none none
none
none none 302.72
274,258.84

LIABILITIES:

Capital Stock.. . . . . . .
~';,"Ji~d!Jup~~fit.s: : : .

. ..... $

Reserve Funds ... .

Due to Banks ...... . Dividends Unpaid ............... .

Cashier's Checks .... .

Certified Checks .... .

Demand Deposits .............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers.

Bills Payahle ............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ............... . ........ $

25,000.00 7,000.00 2,354.02 none 2,915.80 186.00 6,606.00 none
208,094.21 12,312.46 9,790.35
none none none none
274,258.84

STATEMENT Showing condition at the close of Business December 31, 1934, of the
CITIZENS BANK Colquitt, Ga.
As called for by the Superintendent of Banks.

G. C. JINKS, President.
Date of Charter: 3-24-1924

D. B. BELL, Cashier.
Began Business: 4-21-1924

RESOURCES:

Loans and D scounts .............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .. .
Banking House and Lot ...... . Furniture and Fixtures ...... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents. Checks for Clearing and Due from
other Banks ... . Cash Items ...... .
~d~~'!:'::ts ~n Cotton .. ~;,d, . ~th~~
Commodities.................. . Customer Liability on Letters of
Credit and Acceptances .... . Profit and Loss. . . ......... .
Other Resources.

Total. ......... .

. ....... $

363,055.18
3,253.85 3,898.55
312.21 4,500.00 2,600.00 1,186.00
38,867.85
none none none
10,769.10
none none none
428,442.74

LIABILITIES:

Capital Stock. . . . . . . .

.$

Capital Notes ................... .

Surplus Fund ...... .

Undivided Profits .. .

Reserve Funds.

Due to Banks ...... .

Dividends Unpaid .... .

Cashier's Checks ...... .

Certified Checks ..

Demand Deposits............ .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable..

..

Notes and Bills Rediscounted ...

Other Liabilities ..

Total. ................... .

.$

25,000.00 15,000.00
5,000.00 7,000.00 14,005.74
none 40.00 1,869.52
none 176,201.26
6,505.00 42,043.76
none 135 '777 .46
none none
428,442.74

FIFTEENTH ANNUAL REPORT

27

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

COLUMBUS BANK & TRUST CO.

Columbus, Ga.

As called for by the Superintendent of Banks.

W. C. BRADLEY, President.
Date of Charter: 12-24-1888

JAS. A. LEWIS, Cashier.
Began Business: 4-1-1889

RESOURCES:

Loans and Discounts.............. $ 4,246,094.66

State of Georgia and Municipal

Bonds owned .................. .

none

U. S. Government Securities owned. 332,674.50

Other Stocks and Bonds owned..... 833,366.63

Banking House and Lot .. .

443,443.90

Furniture and Fixtures ........... . 100,567.76

Other Real Estate owned ......... . 119,551.74

Cash in Yault and amount due from

approved Reserve Agents ....... . 963 '773. 30

Checks for Clearing and Due from

other Banks ....

129,589.43

Cash Items.

54,928.69

~d~~~c'::ts ~;; c~ti~~ ~nd ~the~

none

Commodities .................. .

none

Customers Liability on Letters of

Credit and Acceptances......... .

none

Profit and Loss .................. .

none

Other Resources. . ............ .

7,840.93

Total. ......... .

............. $ 7,231,831.54

LcABILITIES:

Capital Stock. . . . . ........... $ 850,000.00

Surplus Fund .....

650,000.00

Undivided Profits ..

127,011.20

Reserve Funds .. .

298,562.01

Due to Banks .... .

123,604.76

Dividends Unpaid ... .

376.50

Cashier's Checks ................. .

9,829.61

Certified Checks......... .

2,360.35

Demand Deposits .............. . 2,009,535. 73

Time Certificates of Deposits ... .

451,063.78

Savings Deposits ................ . 2 '709 '487. 60

Letters of Credit and Acceptances

executed for Customers......... .

none

Bills Payable.................... .

none

Notes and Bills Rediscounted .... .

none

Other Liabilities ................ .

none

Total. ........................... S 7,231,831.54

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE HOME SAVINGS BANK

Columbus, Ga.

As called for by the Superintendent of Banks.

RHODES BROWNE, President.
Date of Charter: 12-26-1888

W. B. LANGDON, Treasurer.
Began Business: 4-1903

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss .................. . Other Resources ................. .

674,061.12
none 33,815.00 191,876.64
none 13,614.37 150' 125.05
197,167.06
none none none
none
none none 15,136.24

Total. ........................... $ 1,275,795.48

LIABILITIES:

Capital Stock .................... $ 150,000.00

Surplus Fund ................... .

20,000.00

Undivided Profits.... . . . . . . .... .

4,509.02

Reserve Funds .................. .

6,000.00

Due to Banks ................... .

none

Dividends Unpaid ............... .

none

Cashier's Checks................. .

none

Certified Checks................. .

none

Demand D~posits ................ .

none

Time Certificates of Deposits...... .

28,846.77

Savings Deposits ................ . 1 ,064,505. 76

Letters of Credit and Acceptances

executed for Customers ......... .

none

Bills Payable .................... .

none

Notes and Bills Rediscounted ..... .

none

Other Liabilities ................. .

1,933.93

Total. ........................... S 1,275,795.48

28

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

MERCHANTS & MECHANICS BANK

Columbus, Ga.

As called for by the Superintendent of Banks.

J. B. KEY, President. Date of Charter: 12-14-1871

J. A. HARLEY, Cashier.
Began Business: 1872

RESOURCES:

Loans and Discounts.............. $ 1,285,240.19

State of Georgia and Municipal

Bonds owned.................. .

none

U. S. Government Securities owned. 176,712.51

Other Stocks and Bonds owned.... . 206,385.11

Banking House and Lot .......... .

60,000.00

Furniture and Fixtures ........... .

25,000.00

Other Real Estate owned .........

28,871.02

Cash in Vault and amount due from

approved Reserve Agents ....... . 592,443.84

Checks for Clearing and Due from

other Banks ................... .

68,114.23

Cash Items ..................... .

811.43

Overdrafts...................... .

1,283.63

Advance on Cotton and other

Commodities.................. .

45' 141.61

Customers Liability on Letters of

Credit and Acceptances......... .

none

Profit and Loss.................. .

none

- - - - Other Resources ................. .

3,292.27

Total. ........................... $ 2,493,295.84

LIABILITIES;

Capital Stock .................... $ 200,000.00

Surplus Fund ................... . 200,000.00

Undivided Profits................ . 100,599.62

Reserve Funds .................. .

10,000.00

Due to Banks ................... .

27,997.23

Dividends Unpaid ............... .

10,000.00

Cashier's Checks................. .

6. 705.07

Certified Checks ................. .

10,546.17

Demand Deposits................ . 1,017,288.20

Time Certificates of Deposits...... .

88,521.24

Savings Deposits ................ . 821,638.31

Letters of Credit and Acceptances

executed for Customers... , ..... .

none

Bills Payable.................... .

none

Notes and Bills Rediscounted ..... .

none

Other Liabilities ................. .

none

Total. ........................... $ 2,493 ,295. 84

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

TRUST COMPANY OF COLUMBUS

Columbus, Ga.

As called for by the Superintendent of Banks.

F. G. LUMPKIN, President.
Date of Charter: 1892

J.D. BOX, Secretary.
Began Business: 1892

RESOURCES:

Loans and Discounts .............. $ 493,718.17

State of Georgia and Munieipal

Bonds O\vned .................. .

none

U. S. Government Securities owned.

60,175.00

Oth<;{ Stocks and Bonds owned .....

none

Banking Ho"use and Lot . . . . . . . . .. 128,512.74

Furniture anrl Fixtures ........... .

125.00

Other Real Estate owned ......... . 155,576.58

Cash in Vault and amount due from

approved Reserve Agents ....... .

25,043.04

Checks for Clearing and Due from

other Banks................... .

none

Cash Items .............. ."...... .

none

Overdrafts ...................... .

none

Advance on Cotton and other

Commodities .................. .

none

Customers Liability on Letters of

Credit and Acceptances.... . . . . . .

none

Profit and Loss. . . . . . . . . . . . . . . . . . .

none

- - - - Other Resources. . . . . . . . . . . . . . . . . .

1 ,467. 00

Total ............................ $ 864,617.53

LIABILITIES;
Capital Stock .................... $ Capital Notes ................... . Surplus Fund ................... . Undivided Profits ................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks................. . Demand Deposits................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... S

100,000.00 100,000.00 160,000.00
2,045.47 166,114.92
none none none none none 281,221.50 47,982.15
none none none 7,253.49
864,617.53

FIFTEENTH ANNUAL REPORT

29

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

NORTHEASTERN BANKING CO.

Commerce, Ga.

As called for by the Superintendent of Banks.

DR. L. G. HARDMAN, President.
Date of Charter: 8-25-1891

C. J. HOOD, Cashier.
Began Business: 1892

RESOURCES:
Loans and Discount............... $ State of Georgia and Municipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks .................. . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources ................. .
Total. ........................... $

218,535.07
none 60,598.71
8,300.00 5,034.60 2,402.64 20,414.21
70,412.45
7,671.16 none none
64,171.26
none none 634.32
458,174.42

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks ................. . Certified Checks................. . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... , Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

100,000.00 25,000.00
4,141.78 2,000.00
none 4,000.00
976.09 none
225.956.14 96,100.41 none
none none none none
458,174.42

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CONCORD BANKING CO.

Concord, Ga.

As called for by the Superintendent of Banks.

C. T. SMITH, President.
Date of Charter: 10-29-1903

S. A. KING, Cashier.
Began Business: 11-18-1903

RESOURCES:
Loans and Discount.s .............. $ State of Georgia and l\I unicipal
Bonds owned .................. . U. S. Government Securities 0\vned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount clue from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss .................. . Other Resources ................. .
Total. ........................... $

65.617.31
none none 9,200.00 none 2,500.00 10,500.00
58,503.19
none none
. 75
none
none none none
146,321.25

LIABILITIES;
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits ................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks................. . Demand Deposits ................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable.................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

25,000.00 12,000.00
270.30 none none none
8,848.18 none
82,205.75 17,997.02
none
none none none none
146,321.25

30

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF CONYERS

Conyers, Ga.

As called for by the Superintendent of Banks.

W. T. BALDWIN, President.
Date of Charter: 11-25-1904

M. W. HULL, Cashier.
Began Business: 12-19-1904

RESOURCES:

Loans and Discounts. . . . . . . . . . . . . $

State of Georgia and l\lunicipal

Bonds owned. . . . . . . . . . . . . . ....

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot .

. .. \

Furniture and Fixtures. . . ...... J

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Che<'ks for

Reserve Clearing

Agents. and Du

e.

f-r~~;l

other Banks ...

Cash Items.

~d~~~::ts ~;., Cotto~ ~nd. ~th~~

Commodities ............... .

Customers Liability on Letters of

Credit and AcC'eptances .....

Profit and Loss ..

Other Resources.

Total. ....

. . . . . . . . .$

102,459.63
10,500.00 9,514.19
14,057.68 4,000.00
3,183.25
49,924.20
687.56 none none
7' 145.79
none none none
201,472.30

LIABILITIES:

Capital Stock. . . .

. .. $

Surplus Fund ..... .

Undivided Profits ..

Reserve Funds ..

Due to Banks . . ..

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks ..

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable .................. .

Notes and Bills Rediscounted .. .

Other Liabilities ........... .

Total. ...

.$

30,000.00 6,000.00 2,644.49 2,756.11 none 1,800.00 3,167.41 none
121,532.15 33,572.14 none
none none none none
201,472.30

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF ROCKDALE

Conyers, Ga.

As called for by the Superintendent of Banks.

G. C. SIMS, President.
Date of Charter: 10-15-1891

R. H. STILL, Cashier.
Began Business: 6-1-1901

RESOURCES:

Loans and Discounts .............. $

State of Georgia and l\Iunicipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot ........ )

Furniture and Fixtures ..

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents ...

Checks for Clearing and Due from

other Banks ....

Cash Items .

~d~~~::ts ~n C~tton ~;,d. othe~

Commodities ................. .

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss.

. ........ .

Other Resource:-:.

Total. ....

. . . . . . . . . . . .$

66' 196.84
none none none 6,700.00
1,650.00
41,168.74
148.51 none
2,044.06
150,840.23
none none none
268 '748. 38

LIABILITIES:

Capital Stock

............... $

Surplus Fund. . . . . ............. .

Undivided Profits.

Reserve Funds .

Due to Banks ..... .

Dividends l:npaid ..

Cashier's Checks ...

Certified Checks ..

Demand Deposits ............ .

Time Certificates of Deposits ..

Savings Deposits ............... .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ..

.$

25,000.00 25,000.00
160.96 none none
258.00 1,196.49
nonP 146,825.32
27.341,81 none
llOllf'
42 '965. 80 none none
268,748.38

FIFTEENTH ANNUAL REPORT

31

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS & MERCHANTS BANK

Coolidge, Ga.

As called for by the Superintendent of Banks.

BOYKIN HARRISON, President.
Date of Charter: 12-18-1911

A. P. MEGAHEE, Cashier.
Began Business: 11-20-1911

RESOURCE>:
Loans and Discounts .............. $ State of Georgia and 1Iunicipal
Bonds owned ... U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items ..
~d~~'!:";:ts "a",; . C~tt~~ . ~;,d . oth~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss ... Other Resources.

Total. ....

... $

61,477.81
none 13,625.00
none 2,500.00 2,500.00 23,067.49
14,748.14
none none none
12,929.00
none none none
130,847.44

LIABILITIES:
Capital Stock. . . . . . . . . . . . . . . . . . .$ Capital Notes ................ .
~~Ji~ct!ctup~~fits'. ::. .....
Reserve Funds .. . Due to Banks .... . Dividends Unpaid .. . Cashier's Checks .... . Certified Checks .. Demand Deposits ............. . Time Certificates of Deposits ... . Savings Deposits. . . . . . . . . . ..... . Letters of Credit and Acceptances
executed for Customers .. . Bills Payable............... . Notes and Bills Rediscounted. Other Liabil:ties ............ .

Total ....

............ $

25,000.00 25,000.00
none 416.72
none none none 872.21 none 25,282.70 54,275.81 none
none none none none
130,847.44

STATEMENT Showing condition at the close of Business December 31, 1934, of the

J. H. CHILDS, President.
Date of Charter:

CORDELE BANKING CO.

Cordele, Ga.

As called for by the Superintendent of Banks.

5-31-1927

THOS. T. LYTLE, Cashier.
Began Business: 6-15-1927

RESOURCES:
Loans and Discounts. . . . . . . . . . . . $ State of Georgia and lVIunicipal
Bonds owned. . . . . . . . . . . . . . .... U.S. Government Securities owned. Other Storks and Bonds owned. Banking House and Lot. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents .. Checks for Clearing and Due. ir"a;,;
other Banks .. Cash Items ....
~d~~'!:"cafts ~~ C~tt,;,; ~~d . ~th~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ... Profit and Loss .. Other Resources.

Total..

. . .$

80,369.84
none none none none 5,000.00 none
258,114.22
16,383.69 none 18.39
11 ,201. 88
none none 625.66
371 '713. 68

LIABILITIES;

Capital Stock...

.. ........ $

Surplus Fund ....... .

Undivided Profits.... . ......... .

Reserve Funds ....

Due to Banks . . ..

Dividends Unpaid.

Cashier's Checks .. .

Certified Checks .... .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

e-xecuted for Customers ... .

Bills Payable .................... .

Notes and Bills Rediscounted ..... .

Other Liabilities. . ............. .

25,000.00 2,500.00 2, 131.06 none none none 626.81 none
296,485.49 32,762.97 12,207.35
none none none none

Total. ....

.$ 371,713.68

32

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CORNELIA BANK

Cornelia, Ga.

As called for by the Superintendent of Banks.

OSCAR E. FLOR,

CLIFF C. KINSEY,

President.

Cashier.

Date of Charter: 7-3-1900

Began Business: 8-4-1900

RESOURCES:

Loans and Discounts .............. $ State of Georgia and Municipal

Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .... .

Furniture and Fixtures .. . Other Real Estate owned ......... .

Cash in Vault and amount due from approved Reserve Agents ....... .

Checks for Clearing and Due from

other Banks. Cash Items ...
~d~~'!;'::ts 'on' . c~it~~ .. ~;,d . 'oth~~

Commodities ..... Customers Liability

.

... on

....... Letters

.

~~

Credit and Acceptances. Profit and Loss ...

Other Resources.

Total.

... $

206.774.30
5,002. 00 92,443.41
none 11,000.00
3,000.00 30,066.80
119,093.04
1,707.93 1,229.66
none
1,123. 05
none none 656.82
472,097.01

LIABILITIES:

Capital Stock. . . .

.$

Capital Notes ... .

Surplus Fund .... .

Undivided Profits.

Reserve Funds .

Due to Banks .... .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks ..

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ..

Bills Payable. . . . . . . . . . . . ....

Notes and Bills Rediscounted ..

Other Liabilities.

Total .....

.. $

40,000.00 40,000.00
4,000.00 4,537.25
none none none 1,108.24 none 265,149.05 69,000.34 48.302.13
none none none none
472,097.01

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF COVINGTON & TRUST CO.

Covington, Ga.

As called for by the Superintendent of Banks.

R. R. FOWLER, President.
Date of Charter: 4-4-1901

J. E. PHILIPS, Cashier.
Began Business: 4-1901

RESOURCES:
Loans and Discounts.............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ...... _.. . Cash in Vault and amount due
from approved Reserve Agents ... Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss .................. . Other Resources ................. .
Total. ......................... $

107,257.16
none 13,418.75 278,718.78
none 2,668.86 4,586.97
168,527.81
21,611.75 none none
329,029.46
none none 13,368.67
939,188.21

LIABILITIES:
Capital Stock. . . . . . . . . . . . . . . . $ Surplus Fund ................... . Undivided Profits................ . Reserve Funds ... , .............. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks ................. . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

100,000.00 25,000.00 9,269.53 25,000.00 none none 21,365.14 none 593,485.68 11,620.47 153,447.39
none none none none
939,188.21

FIFTEENTH ANNUAL REPORT

33

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE COMMERCIAL BANK

Crawford, Ga.

As called for by the Superintendent of Banks.

M. BLANCHARD,

E. H. FURCRON,

President. Date of Charter: 9-2-1924

Cashier. Began Business: 9-5-1924

RESOURCES:
Loans and Discounts.............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned . Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources ................. .
Total. ........................... $

97,010.13
none none none 2,000.00 1 ,800.00 874.55
60,362.94
119.94 235.28
51.55
none
none none none
162,454.39

LIABILITIES:
Capital Stock .................... $ Capital Notes ................... . Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks ................. . Certified Checks ................. . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable.................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

15,000.00 10,000.00
2,000.00 2,673.29
none none none 13,653.57 none 97,059.72 2,000.00 20,067.81
none none none none
162,454.39

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF CUMMING

Cumming, Ga.

As called for by the Superintendent of Banks.

B. P. ROPER, President.

B. L. REDD, Cashier.

Date of Charter: 10-11-1904

Began Business: 10-19-1904

RESOURCES:
Loans and Discoullts .............. $ State of Georgia and l\Iunicipal
Bonds owned .................. . U. S. Government Secunties owned . Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss.................. . Other Resources ................. .
Total. ............ $

50,907.34
none 15,243.78
none 9,000.00 5,045.50 9,987. 96
95,343.15
1,577.36 163.80 76.50
6,304. 58
none 1,886.93 3,155.10
198,692.00

LIABILITIES:
Capital Stock .................... $ Capital Notes ................... . Surplus Fund ................... . Undivided Profits ................ . Reserve Funds .................. . Due to Banks .................. . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks................. . Demand Deposits ................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities.................
Total. ........................... $

25,000.00 15,000.00
2,000.00 none none none none .14
600.00 122,763.07
18,264.27 15,053.63
none none none 10.89
198,692.00

34

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF DAHLONEGA

Dahlonega, Ga.

As called for by the Superintendent of Banks.

J. F. PRUETT, President.
Date of Charter: 5-27-1914

J. F. SANDERS, Cashier.
Began Business: 5-1914

RESOT.'RCES:

Loans and Discounts.

.$

Dtate of Georgia and :\Iunicipal Bonds owned .................. .

U. S. Government Securities owned.

Other Stockfl and Bonds owned. Banking House and Lot .....

Furniture and Fixtures ..

Other Real Estate owned ......... . Cash in Yault and amount due from

approved Checks for

Reserve Agents ... Clearing and Due.

fr~"n~

other Banks ...

Cash Items ...
~d~:~~:ts.o.u" Cotton . ~;,d other

Commodities.. . . . . . . . . . . . . ....

Customers Liability on Letters of Credit and Acceptance,:;.

Profit and Loss. . .

Other Resources ......... .

Total.

.$

71 ,l:l37. 32
none 10,100.00 100,000.00
2,000.00 1,000.00 1,000.00
49,989.80
none none none
none
none none none
235,927. 12

LIABILITIES:

Capital Stock.

$

Surplus Fund ....

Undivided Profits.

Resprve Funds

Due to Banks ....

Dividends Lnpaid.

Cashier's ChePks ............... .

Certified Checks .... .

Demand Deposits ............ .

Time Certificates of Deposits .. .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers.

Pills Payable ............... .

~otPs and Bills Hediscounted.

Other Liabilities....

Total.

.... $

1.5,000.00 5,000.00 4,558.62 none none none 1,579.51 none
115,180.81 94,608.18
none
none none none none
235,927.12

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF DALTON

Dalton, Ga.

As called for by the Superintendent of Banks.

W. C. MARTIN, President.
Date of Charter: 12-21-1911

JAMES J. COPELAND, Cashier.
Began Business: 10-12-1912

HESOT.'RCES:

LIABILITIES:

Loans and Discounts .............. $ State of Georgia and :\Iunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .......... . Furniture and Fixtures .......... . Other Real Estatc owned ......... . Cask in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ............. .
Cash Items ................. . Overdrafts ... . Advance on Cotton and other
Commodities. Customers Liability on Letters of
Credit and Acceptances ......... .
Profit and Loss ........ . Other Resources ..... .

247,044.31
none 5,950.06 5,200.00 16,000.00 4,500.00 31,322.00
82,725.87
3,211.33 2,422.09
60.74
none
none none 524.07

Capital Stock. . . .

. ........... $

Surplus Fund .....

Undivided Profits ..

Reserve Funds.

Due to Banks .... .

Dividends Unpaid .......... .

Cashier's Checks .. .

Certified Checks........... .

Demand Deposits .............. .

Time Certificates of Deposits .. .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ...... .

Rills Payable ................ ..

Notes and Bills Rediscounted .

Other Liabilities ................. .

50,000.00 7,000.00 1 ,496. 50 none none 20.00 1,326.61 none
184,967.30 30,859.07
123,290.99
none none none none

~T~o~t=a~l.~.~.~~~~~~~~~~-~~~$~~39~8~~9~6~0~.4~7--~T~o~ta=l~~~~~~~~~~~~.~.~~~~~~~$~-3~98_,_96_0_._4_7_

FIFTEENTH ANNUAL REPORT

35

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

HARDWICK BANK & TRUST COMPANY

Dalton, Ga.

As called for by the Superintendent of Banks.

G. L. HARDWICK, SR., President.
Date of Charter: 2-17-1922

G. L. RICE, Cashier.
Began Business: 2-20-1922

RESOURCES:

Loans and Discounts .............. $ State of Georgia and :V[unicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned ...

Banking House and Lot .. . Furniture and Fixtures ... . Other Real Estate owned ......... .

Cash in Vault and amount due from approved Reserve Agents ...
Checks for Clearing and Due from

other Banks. Cash Items ..
~d~~~ca:ts ~;, c~it~,; and ~th~~

Commodities ...... Customers Liability

... on

....... Letters

.

~~

Credit and Acceptances ... Profit and Loss ..

Other Resources.

479,209.02
24,505.00 212,297.99 242,521.22
57,000.00 2,984.15
40,380.63
244 '912. 53
3,012.85 none
82.76
none
none none 1 ,680. 86

Total..

..... $ 1,308,587.01

LIABILITIES:

Capital Stock. .

. .. $

Surplus Fund ...... .

Undivided Profits .. .

Reserve Funds .

Due to Banks .....

Dividends Unpaid ..

Cashier's Checks ...

Certified Checks.

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

100,000.00 110,000.00
11,356.94 none
9,436.23 8,000.00 3,526.54
none 466,216.16
46,367.28 553,683.86
none none none none

Total. ............... .

. .. $ 1,308,587.01

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF DANIELSVILLE

Danielsville, Ga.

As called for by the Superintendent of Banks.

R. C. GRIFFETH, President.
Date of Charter: 12-11-1907

R. C. GRIFFETH,
Cashier. Began Business: 1-15-1908

RESOURCES:

Loans and Discounts .............. $

State of Georgia and Municipal

Bonds owned.................. .

lJ. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot .. .

Furniture and Fixtures ... .

Other Real Estate owned ......... .

Cash in Yault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from

other Banks.

Cash Items...

. ......... .

~d~~~~:ts ~;, C~tt~,; ~;,d ~th~~

Commodities ................ .

Customers L'ability on Letters of

Credit and Acceptances.

Profit and Loss ....

Other Resources.

Total. ....

.. $

25,346.47
none 6,000.00
none 2,000.00 1,000.00
750.00
79,405.22
690.30 42.36
227.56
none
none none 7,800.00
123,261.91

LIABILITIES:

Capital Stock. . . . .

. ...... $

Surplus Fund ..

Undivided Profits ...

Reserve Funds ..

Due to Banks . . . . . . .

Dividends Unpaid ... .

Cashier's Checks ..... .

Certified Checks ..... .

Demand Deposits ... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable... . . . . . . . . ...

~otes and Bills Rediscounted.

Other Liabilities.

Total. ..... .

. .. s

15,000.00 8,000.00 none none none none
11 ,012.40 none
75,661.01 13,588.50
none
none none none none
123,261.91

36

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE DARIEN BANK

Darien, Ga.

As called for by the Superintendent of Banks.

C. M. TYSON, President.
Date of Charter: 12-8-1888

D. E. LANE, Cashier.
Began Business: 1-1889

RESOURCES:
Loans and Discounts .............. $ State of Georgia and :\Iunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
ch~k~o'i~~ ~I::~~ht~Aa~dtD~~ .r'ro~ other Banks ........ . Cash Items .......... .
~d~a~~!ts ~n Cotton ~,:,d ~the~ Cu~~~~~~ti:blllty ~;. L~tte~~. ~f
Credit and Acceptances. Profit and Loss.... Other Resources.

Total. ....

. ..... $

58,340.91
21,500.00 18,715.63
none 2,000.00 I ,700.00 9,444.91
38,747.05
none none none
none
none none none
150,448.50

LIABILITIES:

Capital Stock. . . . . .

. .. $

Surplus Fund.

Undivided Profits .... .

Reserve Funds ..... .

Due to Banks ........ .

Dividends Unpaid .... .

Cashier's Checks .... .

Certified Checks ..

Demand Deposits

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ....... .

Bills Payable ................... .

Notes and Bills Rediscounted .... .

Other Liabilities ...... .

25,000.00 5,000.00 4,910.75 none none none 107.40 none
62,376.01 694.55
52,359.79
none none none none

Total. ..

...... $, 150,448.50

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF DAWSON

Dawson, Ga.

As called for by the Superintendent of Banks.

M. C. EDWARDS, President.
Date of Charter: 6-29-1911

J. E. KING, Cashier.
Began Business: 7-1-1911

RESOURCES:

Loans and Discounts. . . . . . . . . . . . . $

State of Georgia and Municipal

Bonds owned .................. .

U.S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot ..... .

Furniture and Fixtures ...... .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents ... and Due.

fr~;,:,

other Banks ........ .

Cash Items ........ .

~d~~~~!ts ~~ 'c~ti~,;. and . 'othe~

Cu~~~~~~t~!bility. ~;. L~tte.rs' ~f

Credit and Acceptances ..... .
Profit and Loss .. Other Resources.

Total. ....

. . . ' .. $

443,035.60
5,000.00 45,946.93
7,550.00 none
1,820.00 19' 806.65
166,534 .!I
4,145.13 none none
none
none none 764.34
694,602.76

LIABILITIES:

Capital Stock . . .

. ....... $

Capital Notes .. .

Surplus Fund ... .

Undivided Profits.

Reserve Funds .. .

Due to Banks ...... .

Dividends Unpaid .. .

Cashier's Checks ... .

Certified Checks ... .

Demand Deposits ............. .

Time Certificates of Deposits ... .

Savings Deposits. . . . . . . . . . . . . . . .

Letters of Credit and Acceptances

executed for Customers .....

Bills Payable... . . . . . . . . . . ..

Notes and Bills Rediscounted.

Other Liabilities ......... .

100,000.00 25,000.00 20,000.00 5' 173.06 none none none 6,127.59 50.00
442,064.17 96' 187.94 none
none none none none

Total. ....

.$ 694,602.76

FIFTEENTH ANNUAL REPORT

37

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

MERCHANTS & FARMERS BANK

Donaldsonville, Ga.

As called for by the Superintendent of Banks.

P. S. CUMMINGS, President.
Date of Charter: 9-24-25

E. T. KELLY, Cashier.
Began Business: 9-24-25

RESOURCES:
Loans and Discounts .............. S State of Georgia and Municipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned ..... Banking House and Lot. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ....... . Cash Items ... .
~d~~~~!ts ~;; Cotton and ~th~~ Commodities.................. . Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss ... . Other Resources .. .

Total. .......... .

. .$

27,382.78
11,124.93 none none
6 ,OOQ.OO 3,421.00
none
85,282.62
12,074.47 none none
none
none none none
145,285.80

LIABILITIES:

Capital Stock. . . . . .

. ..... $

~'::"J'i~id!du~~~fits.: :

Reserve Funds . . . .

Due to Banks .... .

Dividends Unpaid .. .

Cashier's Checks .... .

Certified Checks .... .

Demand Deposits .............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable.. . . . . . . . . .

Notes and Bills Rediscounted ..... .

Other Liabilities ...... .

Total. .

.$

25,000.00 5,000.00 4,530.03 2,148.00 none none 1 ,341. 95 none
68,506.13 35,200.00
3,559.69
none none none none
145,285.80

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

COFFEE COUNTY BANK

Douglas, Ga.

As called for by the Superintendent of Banks.

C. L. LOTT, President.
Date of Charter: 6-19-1931

H. L. SHANNON, Cashier.
Began Business: 7-1-1931

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due
from approved Reserve Agents ... Checks for Clearing and Due from
other Banks................... . Cash Items ..................... .
~d~~~ca;ts ~;; c~tt~~ ~;,_;_( 'oth~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss .................. . Other Resources ................. .
Total. ......................... S

410,976.44
none none none none none nonf?
136,040.90
none none none
12,199.89
none none none
559,217.23

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits............. . Reserve Funds .......... . Due to Banks ....... . Dividends Unpaid ... . Cashier's Checks .... . Certified Checks................. . Demand Deposits............. . Time Certificates of Deposits ... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable.................... . Notes and Bills Rediscounted . Other Liabilities ...... .

50,000.00 10,000.00 11 '141. 62
none none 3,080.00 4,977. 70 none 389,007.97 22,081.18 28 '928. 76
none 40,000.00
none none

Total. ............... .

.$ 559,217.23

38

DEPARTMENT OF B4NKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS & SOUTHERN BANK OF DUBLIN

Dublin, Ga.

As called for by the Superintendent of Banks.

V. B. JENKINS, President.
Date of Charter: 10-29-1928

C. U. SMITH, Vice-Pres. and Cashier. Began Business: 11-1-1928

RESOURCES:

Loans and Discounts . ............. $ 1,312,037. 72

State of Georgia and Municipal

Bonds owned.................. .

48' 199.50

U. S. Government Securities owned. 242,812.65

Other Stocks and Bonds owned ... .

20,684.17

Banking House and Lot .......... .

none

Furniture and Fixtures . . .

none

Other Real Estate owned ......... .

none

Cash in Vault and amount due from

approved Reserve Agents . ...... . 126' 736.38

Checks for Clearing and Due from

other Banks ....

7,051.03

Cash Items.

1,940.14

~d~~~ca:ts ~;; c~it~,;_ and oth~~

125.44

Cu~~~~~sditi!biiitY. ~~- 'L~ttc~~. ~f 1,335.01

Credit and Acceptances. Profit and Loss .... Other Resources . .

none none 7,516.96

Total. .....

.. .... $ 1,768,439.00

LIABILITIES:

Capital Stock. . .

. .$

Surplus Fund ..... .

Undivided Profits ... .

Reserve Funds ..... .

Due to Banks. . . . . . ........... .

Dividends Unpaid ... .

Cashier's Checks . ... .

Certified Checks. . . . . ........ .

Demand Deposits.............. .

Time Certificates of Deposits ... .

Savings Deposits . ............... .

Letters of Credit and Acceptances

executed for Customers ..

Bills Payable. . . . . . . . ...... .

Notes and Bills Rediscounted.

Other Liabilities.

. ........ .

100,000.00 20,000.00 32,405.24 9,562.22 38,586.01 none 61,889.02 3' 108.98
621,820.83 59' 179.51 96,887.19
none 725' 000.00
none none

Total. ....

.$ 1,768,439.00

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF DUDLEY

Dudley, Ga.

As called for by the Superintendent of Banks.

H. D. JOINER, President.
Date of Charter: 10-2-1905

RUBERT L. HOGAN, Cashier.
Began Business: 11-1905

RESOURCES:

Loans and Discounts . ............. $

State of Georgia and Municipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot.

Furniture and Fixtures . . .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents . .. and Due

.

fro~

other Banks . .. .

Cash Items ............. .

Overdrafts. . ................. .

Advance on Cotton and other

Commodities .................. .

Customers Liability on Lette;s of

Credit and Acceptances.

Profit and Loss ...

Other Resources.

Total .......... .

. . .$

146' 183.69
none none none 1,783.39 2,915.90 800.00
3 ,928. 71
none 51.50 8.51
112.64
none none none
155,784.34

LIABILITIES:

Capital Stock.

. .. $

Capital Notes ............. .

Surplus Fund ........ .

Undivided Profits..... .

Reserve Funds . .. .

Due to Banks ... .

Dividends lJnpaid ..

Cashier's Checks ...

Certified Checks ..

Demand Deposits

Time Certificates of Deposits.

Savings Deposits . ............... .

Letters of Credit and Acceptances

executed for Customers . . .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ....

... $

15,000.00 2,000.00 none 499.96 480.49 none none 6,751.65 none
21,195.05 4,857.19 none
none 105,000.00
none none
155,784.34

FIFTEENTH ANNUAL REPORT

39

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF EASTMAN

Eastman, Ga.

As called for by the Superintendent of Banks.

W. L. JESSUP, President.
Date of Charter: 12-28-1918

GEO. D. MULLIS, Cashier.
Began Business: 1-2-1919

RESOURCES:
Loans and Discounts .............. $ State of Georgia and l\Iunicipal
Bonds owned. . . . . . ........... . {j. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ... Checks for Clearing and Due. lr",;;,
other Banks .... Cash Items.
~d~~~ca:ts ~n Cotton . ~~(f . ~-th~~
Commodities ............... . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .. Other Resources. . .......... .

Total. ..... .

.... $

178,241.52
none 5,400.00 2,250.00 15,500.00 4,900.00 24,000.00
71,827.93
5 ,205. 97 1,562.25
none
none
none none 354.32
309,241.99

LIABILITIES.

Capital Stock ....... .

.... $

Capital Notes ................... .

Surplus Fund

Undivided Profits .. .

Reserve Funds .. .

Due to Banks ... .

Dividends Unpaid

Cashier's Checks .... .

Certified Cheeks .... .

Demand Deposits .............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable. . . . . . . . . . . . . ...

Notes and Bills Rediscounted ..

Other Liabilities.

Total. ....

. .... $

50,000.00 25,000.00
none 3,491.36
none none none 6,719.42 none 155,512.30 52,057.65 16,461.26
none none none none
309,241.99

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF FULTON COUNTY

East Point, Ga.

As called for by the Superintendent of Banks.

GEO. F. LONGINO, President.
Date of Charter: 3-22-1934

F. W. COOPER, Cashier.
Began Business: 4-2-1934

RESOURCES:

Loans and Discounts. . ........... $ State of Georgia and Municipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned .. Banking House and Lot .. Furniture and Fixtures ..... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents. Checks for Clearing and Due.lr",;;,
other Banks .... Cash Items ...
~d~~~~:ts ",;{ . C~tt~~ .. ~;,d . ",th~~
Commodities ................. . Customers Liability on Letters of
Credit and Acceptances ...... .
Profit and Loss ..... Other Resources.

Total. ......

. ... $

187,777.15
3,561.90 none none
8 ,264. 01 1,820.43
none
247,346.41
none 350.76
10.18
none
none none 23,677.36
472,808.20

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits .. . Reserve Funds .. Due to Banks Dividends Unpaid ... . Cashier's Checks ... . Certified Checks. Demand Deposits .... Time Certificates of Deposits. Savings Deposits ................ . Letters of Credit and Acceptances
extended for Customers .... . Bills Payable ............... . Notes and Bills Rediscounted . Other Liabilities.

Total.

.... $

50,000.00 12,500.00
804.28 none none
1,350.00 966.66 904.76
265,611.97 none
140,670.53
none none none none
472,808.20

40

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS & MERCHANTS BANK

Eatonton, Ga.

As called for by the Superintendent of Banks.

L. 0. BENTON, SR., President.
Date of Charter: 10-30-1922

A. F. ADAMS, Cashier.
Began Business: 11-15-1922

RESOURCES:
Loans and Di~counts .............. $ State of Georgia and l\1unicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due
from approved Reserve Agents ... Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Ove1draits ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss.................. . Other Resources ................. .
Total. ......................... S

125,619.21
7,160.00 10,630.00
3,057.50 5,000.00 1,473.97 9,396.82
55' 758.08
none .50
none
none
none none 358.96
218,455.04

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits ................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks ................. . Certified Checks ................. . Demand Deposits................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

25,000.00 none
457.88 none none none
14' 163.82 none
119' 184.05 37,995.05 none
none none 21 '654. 24 none
218,455.04

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF EDISON

Edison, Ga.

As called for by the Superintendent of Banks.

L. C. MANRY, President.
Date of Charter: 9-24-1904

THEDFORD TURNER, Cashier.
Began Business: 10-1904

RESOURCES:
Loans and Discounts.............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Heal Estate owned ......... . Cash in Vault and amount clue from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss .................. . Other Resources ................. .
Total............................ $

578,889.64
none 1,977.13
none 3,000.00 2,500.00 4,600.00
79,624.17
none 146.98 1,042.47
17,886.12
none none none
689,666. 51

LIABILITIES:
Capital Stock .................... $ Capital Notes ................... . Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Div1dends Unpaid ......... , ..... . Cashier's Checks................. . Certified Checks................. . Demand Deposits ................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable.................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... S

50,000.00 25,000.00 26,000.00
5 '734.26 none none none
941.29 none
263,500.33 102,460.09
none
none 216,030.54
none none
689,666.51

FIFTEENTH ANNUAL REPORT

41

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

GRANITE CITY BANK

Elberton, Ga.

As called for by the Superintendent of Banks.

W. E. FORTSON, President.
Date of Charter: 12-3-1927

F. S. FORTSON, Cashier.
Began Business: 1-3-1928

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers J,iabllity on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources ...... .
Total ............................ $

423' 592.34
none 62,213.75
none 15,000.00
1,750.00 none
71,372.60
2,204.97 336.31
326. 7 5
8,086.24
none none 761.00
585,643.96

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits ................ . Reserve Funds ............ . Due to Banks ............ . Dividends Unpaid ............. . Cashier's Checks................. . Certified Checks ................. . Demand Deposits ................ Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable.................... . Notes and Bills Rediscounted ..... . Other Uab1lities ................. .
Total ............................ $

50,000.00 2,625.00 7,270.09 none 5,395.50 none 1,501.02 none
326' 296.55 30,483.23 52,139.81
none 109 '772 .25
none 160.51
585 , 643. 96

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF ELLAVILLE

Ellaville, Ga.

As called for by the Superintendent of Banks.

J. H. STEVENS, President.
Date of Charter: 9-10-1910

H. F. DIXON, Cashier.
Began Business: 9-16-1910

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Secunties owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts...................... . Advance on Cotton and other
Commodities ....... , .......... . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss.................. . Other Resources ................. .
Total............................ $

72,341.61
none 4,775.99
none 2,844.57
898.00 none
92,162.75
none none none
22,078.20
none none 1,484.31
196,585.43

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks................. . Demand Deposits................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Cred1t and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

25,000.00 5,000.00 5,459.28 none none none none none
112,410.74 48,715.41
none
none none none none
196,585.43

42

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934. of the

THE BANK OF ELLIJAY

Ellijay, Ga.

As called for by the Superintendent of Banks.

SAM TATE, President.
Date of Charter: 5-21-1914

DOW HAMRICK, Cashier.
Began Business: 6-1-1914

RESOURCES:

LIABILITIES:

Loans and Discounts.............. $ State of Georgia and l\Iunicipal
Bonds owned .................. . U. S. Government Securities owned.
Other Stocks and Bonds owned ..... Banking House and Lot.
Furniture and Fixtures .. Other Real Estate owned ......... . Cash in Vault and arnount due from
approved Reserve Agents ... Checks for Clearing and Due from
other Banks.............. . Cash Items.
2d~,~~~Its~~; c~tt~~ ~~~f ~th~~
Commoditics.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss ............ .
Other Resources ..

202 '766. 27
52' 701. 91 46,078.39
5,150.00 none
4,900.00 4,025.00
68,915.19
none none 150.41
none
none none 653.39

Capital Stock.

. .... $

Capital Notes.

Surplus Fund ........... .

Undivided Profits ................ .

Heserve Funds .......... .

Due to Banks .......... .

Dividends Unpaid .............. .

Cashier's Checks................. .

Certified Checks ................. .

Demand Deposits....... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers......... .

B1lls Payable .................... .

Notes and Bills Rediscounted

Other Liabilities .......... .

15,000.00 15,000.00
8,000.00 111.00 none none none 351.31 124.76
159,420.24 13 '707 .50
173,631.78
none none none none

Total. ............ ..:..:.:._.:...:..:c.:..:..:.:._.:....:...c:_:$__3::.:8:..:5c:,_:3_:4~6.:...5 :..:9c___:T:..:o:..:t.:::al:..:_:_:..:..:_:..:._.:....:...:..:c.:...:...:.:._.:...:..:c.:..:..:.:._:._.:...:..:..:..::$_ __:3:..:8::::5_:_:3_:46=5.::::9c_

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF ETON

Eton, Ga.

As called for by the Superintendent of Banks.

C. C. KEITH,

H. R. JAMES,

President. Date of Charter: 5-23-1910

Cashier. Began Business: 9-1-1910

RESOURCES:
Loans and Discounts .............. $ State of Georgia and :\Iunicipal
Bonds owned .................. . U. S. Govermnent tlecuritics owned. Other Stocks and Bonds owned. Banking House and Lot. Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due
from approved ReservP Agents ... Checks for Clearing and Due from
other Banks ........... . Cash Items.
~d~~~eaJts~,; c~tt~,; ~~d .o.th~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources ................. .
Total. ......................... $

23,835. 4~
none none 1,800.00 none 2,100.00 11,463.62
30,847.69
none none 469.07
none
none none none
70,515.86

LIABILITIES:
Capital Stock. . ................. $ Capital Notes ............ . Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks ................. . Certified Checks ................. . Demand Deposits ................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers .. Bills Payable .................... . Notes and Bills Rediscounted. Other Liabilities ...... .
Total. ........................... $

15,000.00 6,000.00 none 590.82 none none none none none
30,773.15 18' 151.89
none
none none none none
70,515.86

FIFTEENTH ANNUAL REPORT

43

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FAIRBURN BANKING COMPANY

Fairburn, Ga.

As called for by the Superintendent of Banks.

J. H. LONGINO, President.
Date of Charter: 9-14-1891

Y. H. LONGINO, Cashier.
Began Business: 1902

RESOURCES:

Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned.................. . U. S. Government Securities ov. ned. Other Stocks and Bonds owned..... Banking House and Lot Furnitu-re and Fixtures .. . Other Real EHtate owned ......... . Cash in vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... .
~d~~~~:ts~'u' c~tt~~ ~;,d. oth~;.

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances ......... .

Profit and Loss .................. .

Other Resources. .

. ........ .

Total. ..... .

........... $

G7 '798.21
none 4,150.00
none 11,000.00
3,500.00 23,000.00
23,252.38
none none none
54,290.77
none none 530.06
187 ',)21. 42

LIABILITIES:
Capital Stock. . . . ........... , .. $ Surplus Fund ................... . Undivided Profits ................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid .. . Cashier's Checks ................. . Certified Checks ................. . Demand Deposits ................ . Time Certificates of DepoDits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................ $

25,000.00 5,000.00 2,500.00 491.79 none none 150.25 none
81,193.75 9,837. 74
63,347.89
none none none none
187,521.42

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS & MERCHANTS BANK

Fayetteville, Ga.

As called for by the Superintendent of Banks.

C. D. REDWINE, President.
Date of Charter: 2-16-1906

H. C. HEWELL, Cashier.
Began Business: 3-13-1906

RESOURCES:
Loans and Discounts.............. $ State of Georgia and :\Iunicipal
Bonds owned.................. . U.S. Government Securities owned. Other Stocks and Bonds owned ..... Banking House and Lot. Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ............... . Overdrafts.. .. . .............. . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit anrl Loss.................. . Other Resources ........... .

Total. ................... .

$

LIABILITIES:

390,603.88
none 4,350.00 2, 787.15 2,266. 79 3,358.96 22,958.78
46,372.96
none none 3,793.13
11 '649. 21

' Capital Stock .. .. .. .. .. .. .

.$

Surplus Fund .................. .

Undivided Profits ......... .

Reserve Funds . . ........... .

Due to Banks .................. .

Dividends Unpaid ............... .

Cashier's Checks ................. .

Certified Checks ............ .

Demand Deposits ................ .

Time Certificates of Deposits...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable .................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. .

none none 440.05

488,580.91 Total. ........................... $

25,000.00 none
1,381.39 none none none
8,886.53 none
187,617.64 18' 601.63 none
none 247,093.72
none none
488,580.91

44

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF FINLEYSON

Finleyson, Ga.

As called for by the Superintendent of Banks.

J. W. CONNER, SR., President.
Date of Charter: 9-20-1910

CLARENCE FINLEYSON, Cashier.
Began Business: 9-20-1910

RESOURCES:
Loans and Discounts .............. $ State of Georgia and J\1 unicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Bankmg House and Lot .... . Furniture and Fixtures ....... . Other Real Estate owned .... . Cash in Vault and amount due from
approved Reserve Agents ... Checks for Clearing and Due from
other Banks ........ . Cash Items
~d~~~~~ts o~ C~ti~~ .. ~~d other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss. Other Resources ........ .

Total. ... , ........ .

.. ...... $

41,871.82
none 2,428.00 3,100.00
750.00 750.00 4 ,481. 63
11 '191. 31
none 200.40
none
2,186.41
none none none
66,959.57

LIAB1L1TIES:

Capital Stock. . . . . .

.$

Surplus Fund. . .

Undivided Profits ... .

Reserve Funds ......... .

Due to Banks .......... .

Dividends Unpaid ...... .

Cashier's Checks................ .

Certified Checks............... .

Demand Deposits............. .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ..

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total ................. .

..... $

15,000.00 none
11,087.80 none none none
690,40 none
32,413.41 7 '767. 96 none
none none none none
66,959.57

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE CITIZENS BANK

Folkston, Ga.

As called for by the Superintendent of Banks.

WM. MIZELL, JR.,

J. H. WRENCH,

President. Date of Charter: 12-19-1911

Cashier. Began Business: 1-4-1912

RESOURCES:
Loans and Discounts.............. $ State of Georgia and Municipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ....... , ........... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources ................. .
Total. ........................... $

213,442.43
none 52,225.00 27' 000.00
none 1,800.00
none
124,717.95
1,014.23 none none
none
none none none
420,199.61

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits................ . Reserve Funds .. ................ . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks ......... , ....... . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable .................... . Notes and Bills Rediscounted. Other Liabilit,ies ................. ,

15,000.00 15,000.00 15,892.07 15,000.00
none 8.40 404.01 none 126' 165.28 49,347.73 183' 382.12
none none none none

Total. . , ........................ $ 420 ,199. 61

FIFTEENTH ANNUAL REPORT

45

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS BANK OF FORSYTH

Forsyth, Ga.

As called for by the Superintendent of Banks.

H. H. HARDIN, President.

JNO. T. STEPHENS, Vice-Pres. and Cashier.

Date of Charter: 2-17-1920

Began Business: 3-1-1920

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned ................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot ... . Furniture and Fixtures ... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items.
~d~~~;tts ~n c~tt~,; ~;,(! ~th~~
Commodities ................. . Customers Liability on Letters of
Credit and Acceptances .... Profit and Loss ... Other Resources.

Total.

. .$

51,235.45
4,674.59 16,895.11 12,141.09
3,000.00 745.00
11,019.36
98,377.42
934.38 none none
25.00
none none none
199,047.40

LIABILITIES:

Capital Stock. . . . . .

. .... $

Surplus Fund .....

Undivided Profits ..

Reserve Funds .. .

Due to Banks ... .

Dividends Unpaid

Cashier's Checks ... .

Certified Checks ... .

Demand Deposits. . . . . . . .....

Time Certificates of Dcposits ..

Savings Deposits. . . . . . . . . . . . . ..

Letters of Credit and Acceptances

executed for Customers ..

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. .

...... $

40,000.00 10,000.00
3,280.21 none none none
4,531.64 none
135.742.03 5,493.52 none
none none none none
199,047.40

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS BANK

Forsyth, Ga.

As called for by the Superintendent of Banks.

R. T. PERSONS, President.
Date of Charter: 3-9-1910

R. J. BITTICK, Cashier.
Began Business: 1910

RESOURCES:
Loans and Discounts..............$ State of Georgia and l\funicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot .. . Furniture and Fixtures ... . Other Real Estate owned. . . . . . . . . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. . . . . ......... . Cash Items.
~d~~~:tts ~n C~tt~,; ~~,X ~th~~ Commodities.................. . Customers Liability on Letters of
Credit and Acceptances ..... . Profit and Loss .. Other Resources.

Total. ....

..... $

107,257.03
none none none 3,992.95 2,493.15 none
193,420.17
2,905.15 none none
1,500. 00
none none none
311,568.45

LIABILITIES:

Capital Stock. . . . . .

. .... $

Surplus Fund .....

Undivided Profits ..

Reserve Funds .. .

Due to Banks .... .

Dividends Unpaid ... .

Cashier's Checks..... .

Certified Checks ..

Demand Deposits ................ .

Time Certificates of Deposits ..... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .... .

Bills Payable.... . . . . . . ......... .

Notes and Bills Rediscounted .... .

Other Liabilities ..

50,000.00 50,000.00
40.90 none none none none none 211,527.55 none none
none none none none

Total..

.$ 311,568.45

46

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

MONROE COUNTY BANK

Forsyth, Ga.

As called for by the Superintendent of Banks.

W. C. HILL, President.
Date of Charter: 11-2-1908

C. F. HEARD, Cashier.
Began Business: 10-15-1908

RESOURCES:
Loans and Dlscounts.............. $ State of Georgia and Municipal
Bonds owned. . . . . . . . . . . . ..... . U. S. Government Securities owned. Other Stocks and Bonds owned. Bankin~ House and Lot .. . Furniture and Fixtures ... . Other Real Estate owned. . . . . . . . Cash in Vault and amount due from
approved Reserve A~ents ....... . Checks for Clearing and Due from
other Banks. Cash Items ........... .
~d~~~ca:ts ~n . C~tto~ . ~r'.d.. ~th~~
Commo::lities .............. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .. Other Resources.

Total. ......... .

..... $

188' 600.16
8,000.00 2,075.00 2,400. 00
none 1,000.00 9,430.60
56,013.22
868.92 none none
none
none none none
21l8,H7. 90

LIABILITIES:

Capital Stock. . . .

. ..... $

Surplus Fund .....

Undivided Profits.

ReservC' Funds .

Due to Banks .....

Dividends Unpaid.

Cashier's Cherks.

Certified Cher ks.

Demand Deposits ............. .

Time Ccrtifirates of Deposits ... .

Savings Deposits. . . . . . . . . . . . ...

L2tters of Credit and Acceptances

exerntcd for Customers.

Bills Payable ............... .

:'-!otes and Bills Rediscounted.

Other Liabilities.

Total.

.. $

25,000.00 12,500.00
none none none 2,000.00 4 ,201. 04 none 103,646.13 13,500.00 106' 106.55
none none none 1,464.18
268,417.90

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF FORT VALLEY

Fort Valley, Ga.

As called for by the Superintendent of Banks.

W. E. GREENE, President.
Date of Charter: 10~11-1924

H. HUCKABEE, Vice-Pres. and Cashier. Began Business: 10-15-1924

RESOURCES:
Loans and Discounts. . . . . . . . . ... $ State of Georgia and Municipal
Bonds owned. . . . . . . . ......... . U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents. . . .... Checks for Clearing and Due from
other Banks . Cash Items.
~d~~~::ts ~n Cotton . ~;,d ~th~~ Commodities ................ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ... Other Resources.

Total.

$

219,577.44
none 17,101.63 23,016.49
none 1,500.00
535.00
134,258.50
365.33 57.14 none
none

LIABILITIES:
Capital Stock. . . . . ............ $ Surplus Fund ..... . Undivided Profits .. . Reserve Funds .. . Due to Banks .... . Dividends Unpaid .... . Cashier's Checks ..... . Certified Checks .. Demand Deposits .......... . Time Certificates of Deposits. Savings Deposits ................ . Letters of Credit and Acceptanres
executed for Customers .. . Bills Payable.. . . . . . . . . .... . Notes and Bills Rediscounted. Other Liabilities.

none none
588.62

397,0J0.1.5 I Total.

$

30,000.00 15,000.00
6, 2Hl. 02 none none none
838.89 none
279,338.01 ti '961. 26
58,645.97
none none none none
397,000.15

FIFTEENTH ANNUAL REPORT

47

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF HEARD COUNTY

Franklin, Ga.

As called for by the Superintendent of Banks.

E. E. LEWIS, President.
Date of Charter: 10-14-1905

H. J. MICKLE, Cashier.
Began Business: 10-18-1905

RESOURCES:

Loans and Discounts.............. $

State of Georgia and i\Iunicipal Bonds owned. . . . . . . . . . . . . . ...
U. S. Government Securities owned. Other Storks and Bonds owned .. Banking House and Lot ... .

Furniture and Fixtures .. . Other Real Estate owned ........ .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents. and Due

.

fr~n;

other Banks .... .
Cash Items ... .
~d~:~~:ts ~;; . C~tt~,;. and oth~~

Commodities ................ .

Customers Liability on Letters of

Credit and Acceptances. Profit and Loss ... . Other Resources .. .

Total. ....

. . . .$

LIABILITIES:

39,872.06
7,500.00 41,190.00
240.28 2,844.00 2,872.00 15' 567.18
37,301.01
32.40 none none
98.402.34

i Capital Stock.

. .$

Surplus Fund ...... .

Undivided Profits .. .

Reserve Funds ..

Due to Banks .....

Dividends Unpaid.

Cashier's Checks .. .

Certified Checks... .

Demand Deposits ........... .

Time Certificates of DepositA.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for CustonH"rs.

Bills Payable ................ .

Notes and Bills Rediscounted.

Other Liabilities.

none none none

245,821.27 Total. ............... .

.$

25,000.00 2,000.00 2 ,078. 98 none none none 4.699.45 none
131.919.39 7,082.65
73,015.98
none none none 24.82
245,821.27

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE CITIZENS BANK

Gainesville, Ga.

As called for by the Superintendent of Banks.

J. H. HOSCH, President.
Date of Charter: 5-19-1913

R. A. BRICE, Cashier.
Began Business: 6-2-1913

RESOURCES:

LIABILITIES:

Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned ........... -....... . U. S. Government Securities owned.
Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due
from approved Reserve Agents ... Checks for Clearing and Due from
other Banks ................... : Cash Items ..................... .
Overdrafts. . . . . .......... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Crcdit and Acceptances ......... . Profit and Loss.................. . Other Resources ................. .

403.847.92
11,000.00 151,475.00
21.399.25 none
6,300.00 21.000.00
255' 142.45
12,437.87 361.30 none
12,363.08
none none none

Capital Stock .................... $

Surplus Fund ........ .

l.'ndivided Profits ................ .

Reserve Funds .

. ......... .

Due to Banks ................... .

Dividends Unpaid ............... .

Cashier's Checks ................. .

Certified Checks................. .

Demand Deposits ................ .

Time Certificates of Deposits ...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable .................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. .

50.000.00 10,000.00 21,565.30
none 1,429.84 2,101.60 5,551.45
307.00 545' 182.52
5,568.16 253,621.00
none none none none

_..cT:.:o~t:::a:.:l._:_:.::._:_:_.:..:.::._:_:_.:...:...:..:_:__.:_.:...:.::._:...:..:...:...:..:_::$_....:8:.:9.::.5_,_,3:..:2:.:6_:_.::.87:.._.:.._:T:..:o:.::tc::calc.c.:..:_.:_.-_:.:...co..:._..__.._._ .:...c.:..:-..:._:_.:..:.:-..:._:_-"C$_:.:8.::.9.::.5,_,,3:_:2::::6.:...8:..:7:_

48

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF GIBSON

Gibson, Ga.

As called for by the Superintendent of Banks.

N. J. GRIFFIN, President.
Date of Charter: 11-7-1905

E. E. GRIFFIN, Cashier.
Began Business: 11-27-1905

RESOURCES:

Loans and Discounts .............. $

State of Georgia and Municipal

Bonds owned .................. .

U. S. Government Secunties owned.

Other Stocks and Bonds owned .... .

Banking House and Lot .......... .

Furniture and Fixtures ........... .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents ... and Due



ir~;;,

other Banks ......... . Cash Items .......... .
~d~~~ca:ts o;; C~tt~,; .~~d ~th~~

Commodities.................. . Customers Liability on Letters of
Credit and Acceptances .... .

Profit and Loss..... . ........ . Other Resources ....

Total. ........................... $

65,313.18
none 12,465.60
none 3,000.00 1,600.00
none
22,475.25
none none 141.62
none
none none none
104,996.65

LIABILITIES:
Capital Stock .................... $ Surplus Fund ... . Undivided Profits ............. . Reserve Funds .. . Due to Banks .... . Dividends Unpaid. Cashier's Checks .. Certified Checks ................. . Demand Deposits ................ . Time Certificates of Deposits .... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers .... . Bills Payable ................ . Notes and Bills Rediscounted .. Other Liabilities. . ......... .

Total. .............. .

.$

15,000.00 3,000.00 3,200.00 none none none 4,057.60 none
79 '729 .05 none none
none none none none
104,995.55

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE GLENNVILLE BANK

Glennville, Ga.

As called for by the Superintendent of Banks.

W. F. DURRENCE, President.
Date of Charter: 1-12-1905

J. A. BACON, Cashier.
Began Business: 1-18-1905

RESOURCES:
Loans and Discount~ . . . . . . . . . . . . . . $ State of Georgia and Municipal
Bonds owned.............. , ... . U. S. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Overdrafts . . . . . . . . . . . . . . ........ . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ....... . Profit and Loss................ . Other Resources .............. .
Total. ........................... $

254,305.92
2,275.00 27,975.00
none 1,750.00 1 '750.00 21,050.00
36,850.69
575.15 none none
none
none 2, 725.92
none
349,258.68

LIABILITIES:
Capital Stock .................... $ Capital Notes ................... . Surplus Fund ................. . Undivided Profits ........ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks ................. . Demand Deposits ................ . Time Certificates of Deposits ....... Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable.................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total ............................ $

30,800.00 50,000.00 12,000.00
none 7,090.88
none 600.00 610.89
none 120,735.08 107' 199.50
222.33
none 20,000.00
none none
349,258. 68

FIFTEENTH ANNUAL REPORT

49

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF GRANTVILLE

Grantville, Ga.

As called for by the Superintendent of Banks.

C. S. COLLEY, President.
Date of Charter: 9--10-1901

C. E. BRASCH, Cashier.
Began Business: 1901

RESOURCES:
Loans and Discounts .............. $ State of Georgia and ).lunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned Banking House and Lot ........ . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve AgentR. Checks for Clearing and Due from
other Banks .............. . Cash Items ... . Overdrafts ..... _..... . Advance on Cotton and other
Commodities................ . Customers Liability on Letters of
Credit and Acceptances .. Profit and Loss ... Other Resources ..

Total. ............. .

..... $

65,835.50
none 5,553.26
none 3,000.00
none 7,885.62
19,902.59
723.76 none 27.33
none
none none none
102,928.06

LIABILITIES:
Capital Stock. . . . . . . . . . . . . . . $ Capital Notes .. Surplus Fund .............. . Undivided Profits ........... . Reserve Funds ..... . Due to Banks ........... . Dividends Unpaid Cashier's Checks ........ . Certified Checks........ . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Crcdit and Acceptances
executed for Customers .. Bills Payable ............... . Notes and Bills Rediscounted .. Other Liabilities ............. .

Total.

"""" ".$

25,000.00 18,000.00
342.01 none none none none 32.52 none
39,426.56 none
20,126.97
none none none none
102,928.06

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF GRAY

Gray, Ga.

As called for by the Superintendent of Banks.

D. V. CHILDS, President.
Date of Charter: 8-23-1909

J. L. MERCER, Cashier.
Began Bu'siness: 8-28-1909

RESOURCES:

Loans and Discounts .............. $

State of Georgia and Municipal

Bonds owned .................. .

U. S. Government Seeurities owned.

Other Stocks and Bonds owned .... .

Banking House and Lot .......... .

Furniture and Fixtures ....... .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from

other Banks ................... .

Cash Items. . . ............... .

Overdrafts.

. ........ .

Advance on Cotton and other

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances ......... .

Profit and Loss .................. .

Other Resources ................. .

Total. ......................... .$

12,119.74
none 11,750.00
none 2,497.27 1,170.00 15,124.82
29,458.55
22.69 none none
157.50
none none 116.54
72,417.11

LIABILITIES:

Capital Stock. .

. ........... $

Capital Notes.

Surplus Fund ................... .

Undivided Profits ................ .

Reserve Funds .................. .

Due to Banks ..... , ........... .

Dividends Unpaid ............... .

Cashier's Checks ................. .

Certified Checks ................. .

Demand Deposits ............... .

Time Certificates of Deposits .... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable .................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. .

Total.

...................... $

15,000.00 10,000.00
none 265.68
none none none 215.03 none 40,422.91 6,513.49 none
none none none none
72,417.11

50

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF GREENSBORO

Greensboro, Ga.

As called for by the Superintendent of Banks.

T. B. RICE, President.
Date of Charter: 10-13-1926

E. A. KIMBROUGH, Cashier.
Began Business: 10-14-1926

RESOURCES:

Loans and Discounts .............. $

State of Georgia and l\1 unicipal

Bond:w owned. . . . . . . . . . . . . . ....

U. S. Government Securities owned.

Other Stocks and Bonds owned ..

Banking House and Lot ... .

Furniture and Fixtures .. .

Other Real Estate owned. . . . . ....

Cash in Vault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from

other Banks.

-Gash Items ...

Overdrafts. Advance on

Cotton

~nd .. 'a'th~~

Commodities ................ .

Customers Liabillty on Letters of

Credit and Acceptances.

Profit and Loss.

Other Resources ..

Total.

... $

132,948.60
none none 1,060.00 none 1.00 2,290.00
13,274.94
2,815.02 none 32.24
none
none none 237.29
Hi2 ,659.09

LIABILITIES:

Capital Stock.

. .$

Surplus Fund .....

Undivided Profits.

Rescnrf' Funds.

DuP to Banks ..... .

Dividends Unpaid.

Cashier's Checks.

Certified Checks.

Demand Deposits ......... .

Time CertificatE's of Deposits.

Savings Deposits. . . . . . . . . . ....

Letters of Credit and Acceptances

exef'utPd for CustomPrs.

Bills Payable ................ .

Notes and Bills Rediscounted ..

Other Liabilities.

Total.

... $

2.5,000. 00 10,000.00
1,633.91 none none
1,000.00 5,129.30
none 98,024.76
none none
none 11 '871.12
none nonE'
Hi2,ti59.09

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE GREENVILLE BANKING CO.

Greenville, Ga.

As called for by the Superintendent of Banks.

J. P. ATKINSON, President.
Date of Charter: 10-24-1887

W. L. PINKSTO~, Cashier.
Began Business: 1891

RESOURCES:

Loans and Discounts .............. $ State of Georgia and l\Iunicipal
Bonds owned .................. . U. S. Government ~eeurities owned Other Stocks and Bonds owned.
Banking House and Lot ... Furniture and Fixtures .. Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents. Checks for Clearing and Due from
other Banks ..... Cash Items ...
. ~d~~~t1ts ~;," C~tt~~ .. ~;,_d . ~th~~ Commodities ................ . Customers Liability on Letters of
Credit and Acceptances ..
Profit and Loss ... Other Resources .

Total. .......... .

... $

156,693.07
none 11,850.00
none 13,400.00
6,100.00 52' 000.00
47,497.90
none 508.03 640.17
61 '307. 38
none none 500.13
350,496.68

LIABILITIES:
Capital Stock .................... $ Capital ~otes. Surplus Fund ..... . Undivided Profitt~ .. Reserve Funds . Due to Banks . . ... Dividends emmid. CashiPr's CheCks. Certified Cheeks .. Demand DPposits .......... . Time Certifif'ates of Deposits. Savings Deposits. . . . . . . . . . . . . ... Letters of Credit and Acceptances
executed for Customers .. . Bills Payable ................... . l\'otes and Bills Rediscounted ... . OthPr Liabilities ...

.50,000.00 50,000.00 16,000.00
3,918.49 none none nonP
5,576.80 none
134 '854. 94 90' 146.4.5 none
none none none none

Total. ....... .

. .$ 350,.;9li.68

FIFTEENTH ANNUAL REPORT

51

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

COMMERCIAL & SAVINGS BANK

Griffin, Ga.

As called for by the Superintendent of Banks.

T. T. BLAKELY, President.
Date of Charter: 10-11-1889

E. H. GRIFFIN, Cashier.
Began Business: 1890

RESOURCES:
Loans and Discounts .............. $ State of Georgia and ).lunicipal
Bonds owned. . . . . . . . . . . . . . .. U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. . Furniture and Fixtures ... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents. . . . . . . Checks for Clearing and Due from
other Banks ... . Cash Items ... .
~d~~~ca:t ~n C~tt~~ . ~nd . ~th~~
Commodities ............... . Customers Liability on Letters .of
Credit and Acceptances. Profit and Loss ... Other Resources.

352,139.42
14,082.42 51,200.00 6. 085.00
9. 956.00 8,294. 90 45,025.03
273,637.53
12,381.44 214.34
1,076.44
191,232.15
none none 5,013.18

Total. ....

.$ 1,010,337. 85

LIABILITIES:

Capital Stork. . . . .

. ......... $

Surplus Fund ... .

Undivided Profits .. .

Reserve Funds ... .

Due to Banks ..... .

Dividends T:npaid.

Cashier's Checks ... .

Certified Checks .. .

Demand Deposits ........ .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable. . . . . . . . . . . . ... .

Notes and Bills Rediscounted.

Other Liabilities.

100,000.00 25,000.00 11,646.42 25 ,478.42 10,265.93 none 10,782.79 none
570,572.34 43,073.32
213,518.63
none none none none

Total.

................ $ 1,010,337.85

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE STATE BANK

Griffin, Ga.

As called for by the Superintendent of Banks.

D. R. CUMMING, President.
Date of Charter: 4-24-1933

S. T. MARTIN, Cashier.
Began Business: 5-2-1933

RESOURCES:

Loans and Discounts .............. $

State of Georgia and :\Iunicipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned ..

Banking House and Lot .

Furniture and Fixtures .. .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Agents. Clearing and Due.

r"r~~l~

other Banks ...

Cash Items...

.. .......... ..

~d~~~cars ~n c~tt~~ ~;,d ~th~~

Cu~~~~~~iti:hititY. ~~- -i~tte~~ ~f

Credit and Acceptances .....

Profit and Loss ..

Other Resources.

Total. ....

.$

132,977 0 97
13,806.55 70,140.63
none none 4,000.00 none
244.994 0 21
5,585.12 none none
130,547.41
none none 1.00
602,052.89

LIABILITIES:

Capital Stock. . . .

. .... $

Surplus Fund ................ .

l.: ndivided Profits. . . .......... .

Reserve Funds ... .

Due to Banks ..... .

Dividends Unpaid.

Cashier's Checks .. .

Certified Checks .. .

Demand Deposits.... . . . . ..

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ................. .

Notes and Bills Rediscounted .. .

Other Liabilities.

50,000.00 5,000.00 2,525.27 none none none 6,415.94 332.18
472,051.60 17,109.86 48,618.04
none none none none

Total..

. ........ $ 602,052.89

52

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December :n, 1934, of the

JONES COUNTY BANK

Haddock, Ga.

As called for by the Superintendent of Banks.

T. R. TURNER, President.
Date of Charter: 7-14-1905

G. A. SMITH, Cashier.
Began Business: 7-25-1905

RESOURCES:

LIABILITIES:

Loans and Discounts . . . . . . . . . . . . . . $ 27' 102.30 Capital :Ot.ock. .

.$

State of Georgia and ::\lunicipal

Surplus Fund .....

Bonds owned. . . . . . . . . ..... .

none Fndivided Profits.

U. S. Government Securitif's ownr-d

10,770.25 Rese-rve Funds .

Other Stoeks and Bonds owned.

250.00 Due to Banks ...... .

Banking House and Lot.

1 '700.11 Dividends Unpaid ..

Furniture and Fixtures ....

1,823.11 Cashier':-; Chef'ks.

Other Real Estate owned. . . . .. Cash in Vault and amount due from
approved Reserve Agents.

14' 177.65 9,771.32

Certified Checks. Demand Deposits. . . . . . .. Time Cf'rtifif'ates of Deposits.

Checks for Clearing and Due from

Savings Deposits. . . . . . . . . . . . .

other Banks. Cash Items.
~d~~~;:ts ~;; C~tto~ .. ~;,d . ~tiwr
Commodities .............. .

none none none
nonP

LPttPrs of Credit and Acceptancps
f'Xef'utC'd for Customers.
Bills Payable. . . . . . . . ...... . ='J ot('s and Bills Redi~countf'd. Othrr Liabi1itiPs.

Customers Liability on Letters of

Credit and Acceptances.

none

Profit and Loss .... Other ResourcE's ..

none none

_,T_::o_::t::_al:.:_:_:_:_:_:c..:_:_c_:__:_:__:_:._:_:_:c:....:_::_::_:__:__:_.:._.:._:__c::S:__ __.::_tl::_S_,_,~:::>9:_l:_:_:7_:~:_-'-[ :_r_nt_al_._ __

.............. $

25,000.00 none
359.3fi 1,354.17
none none 3,117.00 none 23,470.46 12,293.75 none
none none none none
6.)' 394.74

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF COLUMBIA COUNTY

Harlem, Ga.

As called for by the Superintendent of Banks.

E. D. CLARY,

L. M. CON~ER,

President. Date of Charter: 11-29-1909

Cashier. Began Business: 12-13-1909

RESOURCES:

Loans and Discounts. . . . . . . . . . . .8 State of GPorgia and l\lunicipal
Bonds mvned. . . . . . . . . . . . .
U.S. Government Securitirs owned. Other Stocks and Bonds owned. Banking House and Lot. Furnitu-re and FixturPs ... . Other Real Estate owned ........ .
Cash in Vault and amount due from approved Resrrve AgPnts
Checks for Clearing and Due from other Banks ..
Cash Items.
~d~~~~a:ts ~;,_ C~tt~~ ~;,d . ~th~;
Commodities ............... .
Customers Liability on Letters of Credit and Acceptances ..
Profit and Loss. .
Other Resources.

Total. ..

.. $

41 '102.9:3
none 900.30
none (),000.00 1,800.00 6,928.22
54' fi60. 99
none 18.40 45.'!6
none
none none none
111,486.30

LIABILITIES:

Capital :Otock.

. ....... $

Surplus Fund ...

Undivided Profits.

Reserve Funds .

Due to Banks .... .

Dividends Unpaid .. .

Cashier's Chef'ks ... .

Certified Checks.

Demand Deposits ......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and AccE""ptancr-s

executed for Customers.

Bills Payable.............. .

Notes and Bills Rediscounted.

Other Liabilities ..

Total.

. .. $

25,000.00 8,300.00 1,228.72 none none none 1,498.30 none
(\:3,298.8~
12,160.44 none
none none none none
111,486.30

FIFTEENTH ANNUAL REPORT

53

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

PLANTERS BANK

Hawkinsville, Ga.

As railed for by the Superintendent of Banks.

N. A. .JELKS, President.
Date of Charter: 2-27-1896

D. P. McGRIFF, Cashier.
Began Business: 3-1896

RESOURCES:

LIABILITIES:

Loans and Discounts. . . . . . . . . . . . . $

State of Georgia and ~'lunicipal

Bonds owned. . . . . . . . . . ...... .

lJ. S. Government Securities owned.

Other Stocks and Bonds owned

Banking House and Lot.

}

Furniture and Fixtures .......... .

169,368.51
none l, 700.00 2,976.30 15,000.00

Other Real Estate owned. . . . . . . . Cash in Vault and amount due from

23,348.24

approved Reserve Agents. . . .... Cherks for Clearing and Due from

198,323.01

other Banks.

Cash Items.

Overdrafts. Advance on

Cotton .. ~~d- ..o.th~~

1,114.41 none none

Commodities ............... Customers Liability on Letters

~f.

Credit and Acceptances.

Profit and Loss. .

10.539.67
none none

Other ResourcC's.

- - - - -n-on-e

Total..

.$ 422,370.14

Capital Stock.

. ... $

Surplus Fund .....

Undivided Profits ..

Reserve Funds ...

Due to Banks. . .

Dividends Unpaid ..

Cashier's Chef'ks ...

Certified Checks ..

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . ....

Letters of Credit and Acceptances

executed for Customers ..

Bills Payable. . . . . . . . ........ .

N otc~ and Rills Rediscounted.

Other Liabilities.

I Total.

$

50,000.00 50,000.00 28,500.00
1,326.49 none
3,000.00 1,434.93 1,232.80 22!,2"J2.14 65,643.78
none
none none none none
422,370.14

STATEMENT

Showing condition at the close of Business December 31. 1934, of the

BANK OF HAZLEHURST

Hazlehurst, Ga.

As called for by the Superintendent of Banks.

Z. W. KIRKLAND, President.
Date of Charter: 10-19-1906

B. B. WOOTEN, Cashier.
Began Business: 1906

RESOURCES:

Loans and Discounts. . . . . . . . . . . . . $ State of Georgia and ~lunicipal

Bonds owned ............... .

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot.

Furniture and Fixtures .. .

Other Heal Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents. . . . . . .

Checks for Clearing and Due from

other Banks ..

Cash Items.
~d~~~::ts ~n Cotton .a;,d . oth~~

Commodities. Customers Liability

on

Letters

~f

Credit and Acceptances.

Profit and Loss ..

Other Resources.

Total.

.$

32.571.05
2,461.09 2,852.87 5. 73.5.83
none 1,562.00
346.32
110.985.38
5,637.35 none none
3,610.37
none none 262.48
166,024.74

LIABILITIES:

Capital Stock.

. ... $

Surplus Fund ..... .

Undivided Profits ..

Reserve Funds .

Due to Banks ....

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks ... .

Demand Deposits ............. .

Time Certificates of Deposits .. .

Savings Deposits. . . . . . . . . . . . . . . .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable ............... .

Notes and Bills RediHcounterl.

Other Liabilities.

Total. ....

.... $

15,000.00 none
10,982.05 none none none
346.48 none
137,824.39 I ,609.34 none
none none none 262.48
166,024.74

54

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF HIAWASSEE

Hiawassee, Ga.

As called for by the Superintendent of Banks.

J. F. JOHNSON, President.
Date of Charter: 6-14-1909

W. 0. SPARKS, Cashier.
Began Business: 7-21-1909

RESOURCES:
Loans and Dis('ounts .............. $ State of Georgia and :\Iunicipal
Bonds owned .................. . U. S. Government Scrurities owned. Other Stocks and Bonds owned. Banking House and Lot. Furniture and Fixtures ... . Other Real Estate owned ......... . Cash in Yault and amount duE' from
approved Reserve Agents. Cherks for Clearing and Due from
other Banks. Cash Items .
~d~~~~r('a:ts~~- c~tt~~ a~d other
Commodities ............ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .... Other Rcsourl'es.

Total.

$

25,622.05
none l!J,475.00
none 1 ,'iOO.OO
.500. 00 8,600.00
36,355.01
none none none
none
none none none
92,052. OG

LIABILITIES:

Capital Stock. . .

. .$

Surplus Fund .... .

Undivided Profits .. .

ReservP Funds ... .

Due to Banks.

Dividends Unpaid

CashiPr's Checks .....

Certified Cheeks.

. ........ .

Demand Deposits.. . . . . ... .

Time CPrtificates of Deposits.

Savings Deposits. . . . . . . . . . .....

Letters of Credit and AcceptanrPs

f'XC(uted for Customers.

Bills Payable .............. .

~otcs and Bills Rediscounted.

Other Liabilities.

Total.

.... s

J.'i,OOO.OO 5,000.00 6. 350.64 none none none 227.01 none
52,176.18 13,298.23
none
none none none none
92,052.06

STATEMENT

Sh.owing condition at the close of Business December 31, 1934, of the

THE HINESVILLE BANK

Hines,ille, Ga.

As called for by the Superintendent of Banks.

D. F. MARTIN, President.
Date of Charter: 9-4-1911

T. H. McDOWELL,
c~shier,
Began Business: 11-15-1911

RESOURCES:
Loans and Discounts. . . . ........ $ State of Georgia and ::\.Iunicipal
Bonds owned. . . . . . . . ......... . U. S. GovernmPnt SecuritiPs owned. Other Stocks and Bonds owned. Banking House and Lot. Furniture and Fixtures ... . Other Real Estate owned ........ . Cash in Yault and amount due from
approved Reserve Agents. . . . . Checks for Clearing and Due from
other Banks. Cash Items.
~d~7~~ca:ts~~- c~t,t~~ ~~d ~th~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ... Other Resources.

Total. ....

.$

54,080.87
none 12,583.10 5,110.60
1,486.50 1,374.52 3,882.01
31,261.35
829.66 none
57.22
none
none none 144.80
110,810.63

LIABILITIES:

Capital Stock. . . . .

. ... $

Capital Notes ..

Surplus Fund .................. .

Undivided Profits .. .

Reserve Funds ..

Due to Banks ........ .

Dividends l._;npaid ... .

Cashier's Checks ... .

Certified Checks.

Demand Deposits. . . . . . . . ..

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable .................. .

Notes and Bills Rediscounted .. .

Other Liabilities .....

Total.

.$

15,000.00 10,000.00
5,500.00 1 '628. 10
615,76 none none
850.87 60.00
66.071.87 11,033.09
none
none none none 50.94
110,810.63

FIFTEENTH ANNUAL REPORT

55

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF HOSCHTON

Hoschton, Ga.

As called for by the Superintendent of Banks.

A. L. DELAPERRIERE, President.
Date of Charter: 5-3-1904

T. H. BAIRD, Cashier.
Began Business: 5-4-1904

RESOURCES:

Loans and Discounts. . . . . ........ $ State of Georgia and ~Iunicipal
Bonds owned.................. . U. S. Government Securities owned.
Other Stocks and Bonds owned.
Banking House and Lot ..
Furnitu-re and Fixtures ....

Other Real Estate owned. . ...... .

Cash in Vault and amount due

from approved Reserve Agents ...

Checks for Clearing and Due from

other Banks ..

Cash Items...

. ......... .

~d~~~~:ts ~;, . C~tt~;, ~;,d oth~~

Commodities ................ . Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss .. Other Resources ............... .

Total.

.. $

28,606.58
none 775.00
none 1, 700.00 1,750.00 10,000.00
9,518.05
none 191.04
none
none
none none none
52,540.67

LIABILITIES:

Capital Stock....

. ...... $

Capital 2'/otes .. .

Surplus Fund ... .

Undivided Profits. . ............ .

Reserve Funds ... .

Due to Banks .... .

Dividends l:npaid.

Cashier's Checks ................ .

Certified Checks ..

Demand Deposits ........... .

Time Certificates of Deposits ..

Savings Deposits. . . . . . . . . . . . . ..

Letters of Credit and Acceptances

~executed for Customers .. .

Bills Payable................ .

Notes and Bills Rediscounted, .

Other Liabilities ..

Total. .....

................ $

30' 000.00 5,000.00 4,000.00 140.70 none none none 677.28 none 9,961.86 2,760.83 none
none none none
52,540.67

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF ILA

Ila, Ga.

As called for by the Superintendent of Banks.

A. S. WESTBROOK, President.
Date of Charter: 10-11-1910

J. L. THOMPSON, Cashier.
Began Business: 10-15-1910

RESOURCES:
Loans and Discounts.. . . . . . . . . . . . $ State of Georgia and l\lunicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned.... Banking House and Lot .. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents. Checks for Clearing and Due from
other Banks ... . Cash Items ... .
~d~~~ca:ts ~n . C~tt~;, . and . ~th~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances .... . Profit and Loss. . .......... . Other Resources.

Total. ....

. .$

22' 325.88
none none 1,000.00 2,000.00 750.00 17,586.96
18,380.16
958.69 none
83.00
none
none 250.00
none
63,334.69

LIABILITIES:

jCapital Rtock. . .

. ......... $

Surplus Fund ...... .

Undivided Profits .. .

Reserve Funds .. .

Due to Banks .... .

Dividends Unpaid.

Cashier's Checks ............... .

Certified Checks ..

Demand Deposits ......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable .................... .

Notes and Bills Rediscounted .... .

Other Liabilities ..

Total. ......... .

... $

15,000.00 14 ,866' 15
1,185.65 none none none none none
17,250.83 15,032.06
none
none none none none
63,334.69

56

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF JONESBORO

Jonesboro, Ga.

As called for by the Superintendent of Banks.

ELIZABETH M. BLALOCK, President.
Date of Charter: 10~6~1903

.J. B. PULLIAM, Cashier.
Began Business: 11~7~1903

RESOURCES:

Loans and Discounts .............. $ State of Georgia and ~Iunicipal

Bonds owned. . . . . . . . . . . . . . ....

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot ..

Furniture and Fixtures ...

Other Real Estate owned. . . . . . . . .

Cash in Yault and amount due from

approvc>d Che('ks for

Reserve Agents. Clearing and Due.

fr'o~1~

other Banks.

Cash Items.
~d~~~::ts ~n c~it~,; .. ~,;d . o1:i,~~

Commodities ................ .

Customers Liability on Letters of Credit and Acceptances.

Profit and Loss ...

Other Resources.

Total.

$

202 ,2G4. 08
none 51,377.75 10,500.00
I ,500.00 2,500.00 38' 184.90
38,920.93
none 110.06 672.19
2 ,386. 38
none none none
348,4!6.29

LIABILITIES:

Capital Stock. . . . .

.$

Surplus Fund. . . . .

Undivided Profits .. .

Reserve Funds .... .

Due to Banks . . ..

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks.

Demand Deposits ........... .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . . . . .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable.. . . . . . . . . . . . . .

Notes and Bills Rediscounted ..

Other Liabilities ..

Total.

....... $

25,000.00 25,000.00
199.63 482.22
none none 232.54 none 195,890.31 none 101,611.59
none none none none
348,416.29

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS & MERCHANTS BANK

Junction City, Ga.

As called for by the Superintendent of Banks.

C. W. MOORE, President.
Date of Charter: 3~23~1912

W. A. BLYTHE, Cashier.
Began Business: 4~3~1912

RESOURCES:
Loans and DisC'ounts. . . . . . . . . . . . . $ State of Georgia and .:\lunicipal
Bonrls owned. . . . . . . . . . . . ... U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. . Furniture and FixturPs .. . Other Real Estate owned. . . . . .... Cash in Vault and amount due from
approved Reserve Agents. . .... Checks for Clearing and Due from
other Banks. Cash Items ...
~d~~~::ts ~n Cotton . ~,;d . oth~~
Commodities ............... . Customers Liability on Letters of
Credit and Acceptances ... Profit and Loss .. Other Resourc('S.

Total. ........ .

.......... $

22,672.81
none none 2,025.00 1,000.00 1,200.00 2,046.00
16,843.18
none 15S.42
none
23,473.96
none none I ,200.00
70,619.37

LIABILITIES:

Capital Stock. . .

. ...... $

Surplus Fund. . . . . ............. .

Undivided Profits ..

Reserve Funds .

Due to Banks .....

Dividends Unpaid.

Cashier's Checks

Certified Checks.

Demand Deposits. . . . . . . ....

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . . . ....

Letters of Credit and Acceptances

e-xecuted for Customers ..

Bills Payable ................. .

Notes and Bills Rediscounted ..

Other Liabilities.

Total. ...

... $

15,000.00 15,000.00
1,110.95 none none none
44.21 none
23,290.46 16,156.65
none
none none none 17.10
70,6!9.37

FIFTEENTH ANNUAL REPORT

57

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

KENNESAW STATE BANK

Kennesaw, Ga.

As called for by the Superintendent of Banks.

J. G. LEWIS, President.
Date of Charter: 4-20-1910

L. C. CHALKER, Cashier.
Began Business: 3-1910

RESOURCES:

Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned. . . . . U.S. Government Securitif's owned. Other Stocks and Bonds owned ...

Banking House and Lot ...

Furniture and Fixtures. Other Real Estate owned ......... .

Cash in Vault and amount due from approved Reserve Agents ...

Checks for Clearing and Due from
other Banks. . . . . . . ........ .
Cash Items ....
~d~:~~:ts o;{ (;;,it~,; ~;,d o"th~~

Commodities .................. .

Customers Liability on Letters of

Cre-dit and Acceptances.

Profit and Loss. .

. ......... .

Other Resources.

Total. .....

.$

37,398.38
none none none 3,500.00 2 ,222. 68 3 '189. 00
5 '171. 59
none none 88.98
3,836.91
none none none
55,407.54

LIABILITIES:
Capital Stock. . . . . . . ........... $ Surplus Fund ..... . Undivided Profits................ . Reserve Funds ................ . Due to Banks ....... . Dividends Unpaid ............ . Cashier's Checks .... . Certified Checks .... . Demand Deposits ........... . Time Certificates of Deposits. Savings Deposits. . . . . . . . . . . . ... Letters of Credit and Acceptances
executed for Customers. Bills Payable .............. . Notes and Bills Rediscounted. Other Liabilities ....

Total ...... .

...$

20,000.00 none
1,758.17 530.50 none none 10.80 none
11,688.73 21,419.34
none
none none none none
55,407.54

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

STATE BANK OF KINGSLAND

Kingsland, Ga.

As called for by the Superintendent of Banks.

S. C. SHEFFIELD, President.
Date of Charter: 11-26-1912

F. T. TILLER, Cashier.
Began Business: 12-10-1912

RESOURCES:

Loans and Discounts. . . . . . . . . .... $
State of Georgia and 1\Iunicipal Bonds owned.................. .
U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot .. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due
from approved Reserve Agents ... Checks for Clearing and Due from
other Banks ... Cash Items. Overdrafts. Advance on Cotton and other
Commodities ................ .
Customers Liability on Letters of Credit and Acceptances ....
Profit and Loss. Other Resources.

Total. ...... .

.. $

33,285.82
none none none 2 ,000. 00 1,500.00 2 ,493. 69
38,726.46
none none 10.75
none
none none none
78,016.72

LIABILITIES:

Capital Stock.

. .... $

Surplus Fund ....

Undivided Profits.

Reserve Funds ..

Due to Banks .... .

Dividends Unpaid .. .

Cashier's Checks. , ..

Certified Checks ... .

Demand Deposits ............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable. . . . . . . . ...... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ...

..... $

15,000.00 7,500.00 3,591.90 none none none 21.67 none
40,536.46 none
11,366.69
none none none none
78,016.72

58

DEPARTME~T OF BASKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF. LAFAYETTE

LaFayette, Ga.

As called for by the Superintendent of Banks.

W. A. ENLOE, President.
Date of Charter: 11-13-1889

J. M. PATTON, Cashier.
Began Business: 1899

RESOURCES:
Loans and D 1Scounts .............. $ State of Georgia and ::\Iunicipal
Bonds owned .................. . L. S. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures .......... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ........ . Cash Items ... .
~d~~~~:ts ~n c~tt~~ and .o.th~~
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances ... Profit and Loss .. Other Resources.

Total. ..

.... $

337,477.16
none 83' 128.87 15,284.61 28,790.22
9,000.00 66,759.67
186,871.47
23,829.45 none none
none
none none none
751,141.45

LIABILITIES:

Capital Stock.

. .$

Surplus Fund ..... .

Undivided Profits ... .

Reserve Funds ..... .

Due to Banks . . ... .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks.

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable............... .

:-.1otes and Bills Rediscounted.

Other Liabilities.

Total. ....

. ..... $

85,000.00 20,000.00
8,728.02 none none none
1,194.01 none
357,685.60 126,412.81 152 '121. 01
none none none none
751,141.45

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS & MERCHANTS BANK

Lakeland, Ga.

As called for by the Superintendent of Banks.

W. L. MILLER, President.
Date of Charter: 4-18-1907

W. C. BA~KS, Cashier.
Began Business: 1907

RESOURCES:
Loans and D1scounts. . . . . . . . . . . . .$ State of Georgia and ~Iunieipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot ... Furniture and Fixtures. Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ...
Cash Items ..
~d~~~::ts ~,; C~tt~,; ~;,d . ~th~~
Commodities ............... . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .. Other Resources.

Total. ....

.. ....... $

92 '764.10
none none 4,075.00 2,167.00 3,091.49 16,696.89
24,655.93
none none 57.63
none
none none 229.27
143,737.31

LIABILITIES:

Capital Stock. .

. ..... $

Capital ;\;otf>S ..

Surplus Fund ....

l.Tndivided Profits.

Reserve Funds.

Due to Banks

Dividends Unpaid.

Cashier's Checks.

Certified Cheeks ...... .

Demand Deposits ................ .

Time Certificates of Deposits ... .

Savings Deposits. . . . . . . . . . . ... .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable ............... .

N otcs and Bills Rediscounted.

Other Liabilities.

Total. ....... .

. ........... I

25,000.00 20,000.00
1,000.00 1,305.65
none none 30.00 184.17 none 65,334.64 27,507.01 3,375.84
none none none none
143,737.31

FIFTEENTH ANNUAL REPORT

59

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

TOBACCO BELT TRUST CO.

Lakeland, Ga.

As called for by the Superintendent of Banks.

E. D. RIVERS, President.
Date of Charter: 4-6-1927

GERTRUDE LILES, Cashier.
Began Business: 3-25-1929

RESOURCES:

Loans and Discounts ............. . State of Georgia and Municipal Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned ..... $ Banking House and Lot ... . Furniture and Fixtures ... . Other Real Estate owned ......... .
Cash in Vault and amount due from approved Reserve Agents ....
Checks for Clearing and Due from
other Banks. Cash Items. . ........ .
~d~~;~~ts~n C~tt~,; ~;.d. ~-th~~

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances .... .

Profit and Loss.

. ........ .

Other Reserves ..

Total.

...... $

none
none none 60,000.00 none none 4,303.06
none
none none none
none
none none none
64,303.06

LIABILITIES:

Capital Stock. . . .

.$

Surplus Fund .....

Undivided Profit ..

Reserve Funds ..

Due to Banks ....

Dividends Unpaid .. .

Cashier's Checks .... .

Certified Checks ... .

Demand Deposits............ .

Time Certificates of Deposits, ..

Savings Deposits . . . . ............ .

Letters of Credit and AcceptanN~s

executed for Customers...... .

Bills Payable ................... .

Notes and Bills Rediscounted .... .

Other Liabilities ................. .

Total. ......................... .$

50,000.00 none
10,610.35 none none none none none none none none
none 3,686. 71
none none
64,303.06

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

LAKE PARK BANK

Lake Park, Ga.

As called for by the Superintendent of Banks.

EWELL BROWN, President.
Date of Charter: 1-22-1906

EWELL BROWN, Cashier.
Began Business: 3-1906

RESOURCES:

Loans and Discounts .............. $ State of Georgia and l\Iunicipal
Bonds owned.................. .

U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot ..

Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents ... and Due.

ir"o~~

other Banks .............. .

Cash Items ..... .
~d~:c;,rca~ts ~;, c~it~,; . and . ~~h~~

Commodities ................ . Customers Liability on Letters of
Credit and Acceptanecs ...... .

Profit and Loss .. Other Resources ..

Total. ................... .

.. $

18,223.72
none none 2,891.85 2,000.00 1,500.00 3,537.21
3,317.89
none 50.00 25.53
none
none none none
31,546.20

LIABILITIES:

Capital Stock.

. ...... $

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds .

Due to Banks ...... .

Dividends Unpaid .. .

Cashier's Checks .... .

Certified Checks .... .

Demand Deposits ............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

exe0uted for Customers.

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities. .

. ......... .

Total. ................ .

.$

15,000.00 3. 770.21 8.71 none none none none none
10,889.28 1,878.00 none
none none none none
31,546.20

60

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BRAND BANKING CO.

Lawrenceville, Ga.

As called for by the Superintendent of Banks.

R. SMITH, President.
Date of Charter: 6-2-1905

H. G. HUTCHINSON, Cashier.
Began Business: 7-17-1905

RESOURCES:
Loans and Discounts .............. $ State of Georgia and :\Iunicipal
Bonds O\vned. . . . . . . . . . . . . . . .. U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks .. . Cash Items .... .
~d~~~:!ts ~n: c~tt~n: ~;,d ~ti:.e~
Commodities................ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ... Other Resources.

Total..

......... $

361,823.71
42,304.50 88,766.18 20,334.37
none 1,800.00 39,236.91
81,716.88
2,417.92 42.30 none
none
none none 911.26
639,354.03

LIABILITIES:

Capital Stock.

. ..... $

Surplus Fund ....

Undivided Profits.

Reserve Funds.

Due to Banks ...... .

Dividends Unpaid ..

Cashier's Checks .....

Certified Checks ..

Demand Deposits. . . . . . . . . . .

Time Certificates of Deposits ..

Savings Deposits. . . . . . . . . . . ....

Letters of Credit and Acceptances

executed for Customers.

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total.

. ..... $

50,000.00 50,000.00 16,225.70 10,904.25
none none 13,186.33 none 245,070.87 none 253,966.88
none none none none
639,354.03

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF LENOX

Lenox, Ga.

As called for by the Superintendent of Banks.

J. D. ROBINSON, President.
Date of Charter: 6-20-1907

R. H. ROBINSON, Cashier.
Began Business: 6-25-1907

RESOURCES:

Loans and Discounts. . . . . . . . . . .$ State of Georgia and ::\Iunicipal
Bonds owned .... L. S. Government Securities owned. Other Storks and Bonds owned. Banking House and Lot. Furniture and Fixtures ....
Other Real Estate owned. . . . . .... Cash in Yault and amount due from
approved Reserve Agents. Cheeks for Clearing and Due from
other Banks. Cash Items ..
~d~~-;;ca:ts ~;., C~tt~~ . ~;,d ~th~~
Commodities .................. .
Customers Liability on Letters of Credit and Acceptances .....
Profit and Loss .. Other Resources ........ o o

Total. ..

.$

42,287.13
none none none 1,000.00 1,000.00 2,064.92
41,076.87
321.64 none 16.26
176.94
none none 302.62
88,246.38

LIABILITIES:

Capital Stock. . .

. ... $

Surplus Fund ...... .

Undivided Profits ..

Reserve Funds .

Due to Banks ....

Dividends Unpaid ..

Cashier's Checks ....

Certified Checks ..

Demand Deposits. . . . . . . ....

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and AceeptanC'es

executed for Customers.

Bills Payable ................. .

:-.i'otes and Bills Rediscounted ..

Other Liabilities.

Total. ....

. ...... $

25,000.00 1,000.00 232.64 none none none 228.88 none
42,273.20 19,511.66
none
none none none none
88,246.38

FIFTEENTH ANNUAL REPORT

61

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF LESLIE

Leslie, Ga.

As called for by the Superintendent of Banks.

E. L. WILSON, President.
Date of Charter: 2-4-1905

W. T. ANDERSON, Cashier.
Began Business: 1905

RESOURCES:
Loans and Dit5(~ounts.. . . . . . . . . . . . $ State of Georgia and :\Iunicipal
Bonds owned. . . . . . . . ......... . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve AgPnts ....... . Checks for Clearing and Due from
other Banks ..... . Cash Items.
~d~~~ca:ts ~;, . C~ti~,; .. ~,",d. ~th~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ... Other Resources.

Total.

.. $

32,323.70
none none none 4,700.00 3,000.00 none
113,477.95
61.92 6.00 none
none
none 3,510.52
178.87
157,258.96

LIABILITIES;

Capital Stock.

.. $

Surplus Fund ....

Undivided Profits

Reserve Funds ... .

Due to Banks .... .

Dividends Unpaid ..

Cashier's Checks ... .

Certified Checks .... .

Demand Deposits ............. .

Time Certificates of Deposits .. .

Savings Deposits . . . . ............ .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable... . . . . . . . ..... .

Notes and Bills Rediscounted.

Other Liabilities ..

Total.

................. $

25,000.00 25,000.00
none none none none 173.26 none 96,071.94 11,013.76 none
none none none none
157,258.96

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS STATE BANK

Lincolnton, Ga.

As called for by the Superintendent of Banks.

.JAS. H. BOYKIN, President.
Date of Charter: 9-26-1911

H. B. PITT, Cashier.
Began Business: 12-2-1911

RESOURCES:
Loans and Discounts .............. $ State of Georgia and l\Iunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot Furniture and Fixtures ... Other Real Estate owned. . . . . . . . . Cash in Vault and amount due from
approved Reserve Agents. . . . . . . Checks for Clearing and Due from
other Banks ... Cash Items ..
~d~~~c~ts oU: C~tt~,; .. ~;.(! . ~~h~~
Commodities .............. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss. Other Resources.

Total. .....

.$

120,896.38
none 42,735.66
1,200.00 1,200.00
400.00 2,866.00
42,046.67
none 218.52 221.13
3,885.26
none none none
215,669.62

LIABILITIES;

Capital Stock.

. ... $

Surplus Fund ....

L"ndividcd Profits.

Reserve Funds .. .

Due to Banks ..... .

Dividends enpaid.

Cashier's Chef'ks.... . .......... .

Certified Checks ............... .

Demand Deposits. . . . . . . . . . ..

Time Certifirates of Deposits ..

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ...

Bills Payable

Notes and Bills Rediscounted.

Other Liabilities ..

Total. ....

. ................ $

25,000.00 15,000.00
4,655.23 1, 769.18
none 2,000.00 2,310.86
none 94,571.94 29.706.92 40,655.49
none none none none
215,669.62

62

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE PEOPLES BANK

Lithonia, Ga.

As railed for by the Superintendent of Banks.

I. M. STARR, President.
Date of Charter: 8-26-1910

I. M. STARR, Cashier.
Began Business: 1910

RESOURCES:

Loans and Discounts.............. $ State of Georgia and l\Iunicipal
Bonds owned .................. .
U. S. Government Sef'urities owned. Other Stoeks and Bonds owned ... Banking House and Lot. Furniture and Fixtures .... Other Real Estate owned . . . . ....
Cash in Yault and amount due from approved Resetve Agents. . . . . . .
Checks for ClParing and Due from other Banks.
Cash Items.
~d~~~ca:ts ~n c~it~n . a;,d . ~th~~
Commodities ................ . Customers Liability on Letters of
Credit and AC'ceptances.
Profit and Loss .. Other Resources.

Total.

........ $

57.858.67
none 41 ,519.R2
none 4,000.00
500.00 1,080.25
45,256.30
none none none
10,588.88
none none none
160,803.92

LIABILITIES:

Capital Stock.

.$

Surplus Fund ... .

Gndivided Profits.. .

Reserve Funds ... .

Due to Banks .... .

Dividends Unpaid.

Cashier's Cheeks.

Certified Cheeh.

Demand Deposits. . . . . . . . .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . . . . ..

Letters of Credit and AeceptanePs

executed for Customers .. .

Bills Payable.............. .

Notes and Bills Redisc-ounted.

Other Liabilities.

Total.

........ $

25,000.00 20,000.00
5,119.83 none none
1,250.00 2' 126.25
none 67,221.52 32 ,OS0.65
8.005.67
none none none none
160,803.92

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE FARMERS BANK

Locust Grove, Ga.

As called for by the Superintendent of Banks.

W. E. PARR, President.
Date of Charter: 1-3-1910

H. C. CHILDS, Cashier.
Began Business: 1-1910

RESOURCES:
Loans and Discounts .............. $ State of Georgia and :\Iumcipal
Bonds owned .................. . U.S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot ..... . Furniture and Fixtures ...... . Other Real Estate owned ..... . Cash in Yault and amount due from
approved ReserYC Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss .................. . Other Reserves .................. .
Total. ........................... $

110,674.78
none 600.00
none 1,500.00
534.56 1,600.00
15,206.18
none none none
2,294.50
none none none
132,410.02

LIABILITIES:
Capital Stock. . . . . . . . . . . . . $ Surplus Fund ............. . Undivided Profits .......... . H.eserve Funds ............ . Due to Banks ............. . Dividends L'npaid .. Cashier's Cheeks ........... . Certified Cberks ........... . Demand Deposits ................ . ~in:c Certifica!cs of DPposits ...... . Savu1gs Depostts ................ . Letters of CrPdit and A('cept.ances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Redis('ountcd ..... . Other Liabilities ................. .
Total. ........................... $

15,000.00 3,000.00 1,251.24 none none none 4,653.50 none
65' 505.28 none none
none 43,000.00
none none
132,410.02

FIFTEENTH ANNUAL REPORT

63

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS STATE BANK

Lumpkin, Ga.

As called for by the Superintendent of Banks.

E. L. CARTER, President.
Date of Charter: 10-21-1911

A. T. FORT, Cashier.
Began Business: 12-1911

RESOURCES:
Loans and Discounts.............. $ State of Georgia and l\lunicipal
Bonds owned.................. . U. S. Government Securities owned . Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts. . . . . .. . . . . . . . . . . . ... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss .................. . Other Resources ................. .
Total ............................ $

167' 101.11
none 47,912.12 26,697.05
6,000.00 6 ,853. 80 8 ,850. 74
27,002.49
8,365. 72 428.51 none
18,348.45
none none none
317,559.99

LIABILITIES:
Capital Stock .................... $ Capital Notes. . ............. . Surplus Fund ................... . Undivided Profits ................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks................. . Demand Deposits................ . Time Certificates of Deposits ...... . Savi11:gs Deposits ................ . Let~ers of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .

Total ...

................ $

28,000.00 22,000.00 12,000.00
192.27 7,404.50
none none 3,990.52 none 183,943.38 54,495.75 5,533.57
none none none none
317,559.99

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

LUTHERSVILLE BANKING COMPANY

Luthersville, Ga.

As called for by the Superintendent of Banks.

E. C. NORRIS, President.
Date of Charter: 8-11-1905

L. W. McKOON, Cashier.
Began Business: 8-3-1906

RESOURCES:

Loans and Discounts .............. $ State of Georgia and l\Iunicipal
Bonds owned .................. . U. S. Government Securities owned.
Other Stocks and Bonds owned ... . Banking House and Lot ....... . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due
from approved Reserve Agents .. Checks for Clearing and Due from
other Banks ......... .
Cash Items ......... .
~d~~~::ts ~;, . C~tt~~ .. ~;,d other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss.................. . Other Resources ........ .

Total. ........... .

.. s

37,397.40
none 425.00
none 1,700.00
850.00 10,995.47
13,329.85
none none 531.93
3,424.12
none none none
68,653.77

LIABILITIES:

Capital Stock. . . . .

. .$

Surplus Fund ......... .

Undivided Profits ...... .

Reserve Funds ..... .

Due to Banks ...... .

Dividends Unpaid ............... .

Cashier's Checks .............. .

Certified Checks .... .

Demand Deposits ............. .

Time Certificat<'s of Deposits ... .

Savings DE'posits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable.................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. .

Total. ...

. .. $

25,000.00 I ,825. 73 731.63 2,926. 77. none none 132,51 none
32,523.25 5,513.88 none
none none none none
68,653.77

64

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

MERCHANTS & CITIZENS BANK

McRae, Ga.

As called for by the Superintendent of Banks.

0. F. McRAE, President.
Date of Charter: 3-28-1929

0. F. McRAE, Cashier.
Began Business: 2-23-192\l

RESOURCES:

LIABILITIES:

Loans and DisC'ounts .............. $ State of Georgia and ~Iunicipal
Bond:s owned. V. S. Govcrnnwnt Securitie-s owned. Other Storks and Bonds owned.
Banking House and Lot. Furniture and Fixture-s. Other Real Estatc owned. . ...... .
Cash in Yault and amount due from approved Reserve Agents.
Cheeks for Clearing and Due from
other Banks. Cash Items.
~d~~d;~:ts .on Cotton .. ~~d.- .o.til~~

168,719.29
2,448. 66 36,450.00
29.83 7,000.00 2 ,000. 00 19,371.63
76,373.09
540.96 147.81
none

Commodities. Customers Liability on LC'ttr-rs of
CrPdit and AcC'cptances.

none none

Profit and Loss. . Other Resources.

70n9o.1n9e
-------

Total. ....

.$ 313.790.46

Capital Stock.

...... $

Capital Notes

Surplus Fund .....

Undivided Profits.

Reserve Funds .

Due to Banks .....

Dividends l:npaid.

Cashier's Checks ..

Certified Checks ..

Demand Deposits ......... .

Time Certificates of De-posits.

Savings Deposits. . . . . . . . . . . .....

Letters of Credit and Af'eeptanres

executed for CustomPrs.

Bills Payable. . . . . . . . . . ....

Notes and Bills Rcdiseounted.

Other Liabilities.

I

Total.

. .... $

50,000.00 40,000.00
5,000.00 2,070.09 2,000.00
none nont 2,570.48 none 185,552.72 26,597.17 none
none none none none
313 ,700. 4()

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITY BANK & TRUST CO.

Macon, Ga.

As called for by the Superintendent of Banks.

T. RAD Tl:RNER, President.
Date of Charter: 6-29-1931

GUYTO~ G. ABNE'Y, Cashier.
Began Business: 7-2-1931

RESOUI!CES:

Loans and Discounts .............. $ State of Georgia and ::\lunicipal
Bonds owned .................. . U. S. Government Securitirs owned.
Other Storks and Bonds owned. Banking House and Lot ... . Furniture and Fixtures .. . Other Real Estate owned. . . . . . . . Cash in Vault and amount due from
approved RC'serve Agents ..
Checks for Clearing and DuP from other Banks .... .
Cash Items .... .
~d~~~ca:ts ~n C~tt~,; .~;,d . ~th~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances .....
Profit and Loss .. Other Resources.

640,858.31
38,500.00 234 '919. 25
500.00 39,200.00
3,640.00 69,037.29
216,222.24
20' 538.83 2,593.53 none
none
none none 11,275.75

Total.

.. .$ 1,277,285.20

LIABILITIES:

Capital Stork. . .

. ........ $

Surplus Fund ....

Undivided Profits

Reserve Funds ... .

Due to Banks .... .

Dividends Unpaid ..

Cashier's Chcrks ...

Certified Checks ..

Demand Deposits .... , , ..... .

Time Certificates of Deposits ..

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for CuE.tomers.

Bills Payable.. . . . . . . ...... .

Notes and Bills Rediscounted.

Other Liabilities.

110,000.00 50,000.00 13,142.65 1,274.99 56,415.10 8.00 7,272.75 341.25
647,3:!5.18 9,056.53
382.438.75
none none none none

Total. ..

........ $ 1,277,285.20

FIFTEENTH ANNUAL REPORT

65

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF MADISON

Madison, Ga.

As called for by the Superintendent of Banks.

W. P. BEARDEN,

E. G. ATKINSON,

President. Date of Charter: 12-26-1888

Cashier. Began Business: 1-1-1890

RESOURCES:
Loans and Discounts. . . . . . . . . .... $ State of Georgia and l\Iunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... Banking House and Lot .... Furniture and Fixtures .. Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items ...
~d~~~:ts ~;.; C~tt~~ ~;,d ~th~~
Commodities.................. . Customers Liability on LettPrS of
Credit and Acceptances. Profit and Loss.... . Other Resources .. .

Total. ....

. . . .$

150,405.59
none none 72,756.36 7,500.00 2,141.95 30,142.31
16.316.88
none none 61.74
17,913.46
none none 1.00
297,239.29

LIABILITIES:

Capital Stock. .

. ...... $

Surplus Fund ....

Undivided Profits.

Reserve Funds ..

Due to Banks ..... .

Dividends Unpaid.

Cashier's Checks.

Certified Checks .... .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .... .

Bills Payable .............. .

Notes and Rills Rediscounted.

Other Liabilities.

Total. ....

....... $

100,000.00 25,000.00 718.78 none none 580.00 10,651.76 none 95,107.92 7,933.84 57,246.99
none none none none
297,239.29

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF MANCHESTER

Manchester, Ga.

As called for by the Superintendent of Banks.

JAS. S. I;'ETERS, President.

L. M. BRADFORD, Cashier.

Date of Charter: 1-28-1910

Began Business: 2-2-1910

RESOURCES:

Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned .................. .

U. S. Government SPcuritieR owned.

Other Stocks and Bonds owned ....

Banking House and Lot.. . . . . . \

Furniture and Fixtures. . .

..f

Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ..... .

Cash Items..

. ........ .

~d~~~ca:ts ~;, . C~ti~;, .~~d . ~th~~

CommoditiPs................ . CustomPrs Liability on Letters of
Credit and Acceptances.

Profit and Loss. . ........... . Other Resourf'f:'S.

Total. ....

.$

198,863.05
123,169,35 17,650.00 6,825.00 7,897.14
3,656.63
90' 151.46
none 5,006.23 2,977. 74
114,194.44
none none none
570,391.04

LIABILITIES:

Capital Stock. . . .

. ...... $

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds . . . .

Due to Banks .....

Dividends Unpaid

Cashier's Checks .... .

Certified Checks ... .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits . . . . . . . . . . . . ....

Letters of Credit and Acceptances

extended for Customers .... .

Bills Payable............... .

Notes and Bills Rediscounted.

Other Liabilities.

50,000.00 50,000.00 47,811.95
none none 2,500,00 1,122.28 none 213,980.10 77,166.21 114 '800. 30
none none none 13,010.20

Total.

....... $ 570,391.04

66

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

MERCHANTS & FARMERS BANK

Marietta, Ga.

As called for by the Superintendent of Banks.

R. A. HILL, Vice-President. Date of Charter: 6-15-1911

J. W. COUNCIL, Cashier.
Began Business: 7-15-1911

RESOURCES:

Loans and Discounts. . . . . . .

.$

State of Georgia and :\Iunicipal

Bonds owned. . . . . . . . . . . ....

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot.

Furniture and Fixtures .. .

Other Real Estate owned ... .

Cash in Vault and amount due from

approved Reserve Agents ..

Checks for Clearing and Due from

other Banks ....

Cash Items.

Overdrafts.

Advance on Cotton and other

Commodities. . . . . . . . ....

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss ....

Other Resources ..

Total.

.. $

105,802 . .53
10,728.07 5,322.09 none
30,000.00 5,000.00
28,398.29
83,917.31
581.22 115.35
none
10,816.76
none none none
280, 6Rl. 62

LIABILITIES:

Capital Stock.

. .. $

Capital Notes.

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds .

Due to Banks ................... .

Dividends Unpaid.

Cashier's Checks.

Certified Checks.

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . . ..

Letters of Credit and Acceptances

executed for Customers.

Bills Payable................ .

Notes and Bills Rediscounted.

Other Liabilities.

Total.

................ $

25,000.00 00,000.00
none 3,415.52
none none none 4,395.00 752.19 147 '974. 04 39 '144. 87 none
none none none none
280,681.62

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE CITIZENS BANK

Marshallville, Ga.

As called for by the Superintendent of Banks.

C. C. HASLAM, President.
Date of Charter: 12-24-1906

C. C. Ht\SLAM, Cashier.
Began Business: 1-1-1907

RESOURCES:

Loans and Discounts. . . . . . . . .... $

State of Georgia and :\Iunicipal

Bonds owned .................. .

U. S. Government Securities O\vned.

Other Stocks and Bonds owned.

Banking House and Lot .. .

Furniture and Fixtures .. .

Other Real Estate owned. . ...... .

Cash in Yault and amount due from

approved Checks for

Reserve Clearing

Agents. and D

u

e.

ir~;,;

other Banks.

Cash Items ............... .

~d~~~~:ts ~;,_ C~tt~,; ~;,d ..oth~~

Commodities ............ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss Other Resource~ ...

Total.

.$

129,286.37
none 5,650.00 9,500.00 3,756.00 1,075.00 8,390. 75
16,094.92
37.09 none 48.22
none
none none 972.98
174,811.33

LIABILITIES:

Capital Stock. . . . .............. $

Surplus Fund ....

Undivided Profits.

Reserve Funds .

Due to Banks .....

Dividends Unpaid

Cashier's Checks ..

Certified Cheeks. .

. ........ .

Demand Deposits.............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ..

................... $

18,000.00 30,000.00 14,446.14
none none 1:38.00 97.36 none 63,833.04 507.50 37' 789.29
none 10,000.00
none none
174,811.33

FIFTEENTH ANNUAL REPORT

67

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

GEORGIA BANKING CO.

Marshallville, Ga.

As called for by the Superintendent of Banks.

J. C. WALKER, President.
Date of Charter: 9-19-1910

C. W. KINMAN, Cashier.
Began Business: 9-27-1910

RESOURCES:
Loans and Discounts .............. $ State of Georgia and ~'lunicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot .. . Furniture and Fixtures .... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks .......... . Cash Items ..
~d~~'!:ca:ts ~;, C~tt~,; ~;,(! ~th~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances .... Profit and Loss ... Other Resources.

Total. ....... .

. .$

44,956.00
none 100.00
none 2,400.00 1,800.00 11,886.30
14.763.66
32.67 none none
none
none none 274.69
76,213.32

LIABILITIES:

Capital Stock. . . .

. ....... $

Surplus Fund .... .

Undivided Profits .. .

Reserve Funds .... .

Due to Banks ... .

Dividends Unpaid .. .

Cashier's Checks .... .

Certified Checks ..

Demand Deposits ....

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Accentances

executed for Customers ...

Bills Payable............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ....

.. $

30,000.00 6,000.00 149.90 none none none 621.10 none
21,769.99 none
17,672.33
none none none none
76,213.32

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF MEANSVILLE

Meansville, Ga.

As called for by the Superintendent of Banks.

H. G. LANGFORD, President.
Date of Charter: 3-1-1911

G. M. LIFSEY, Cashier.
Began Business: 4-1-1911

RESOURCES:
Loans and Discounts .............. $ State of Georgia and ~Iunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items ...
~d~~'!;;:ts ~;, C~tto,; a;,d ~th~~
Commodities .................. . Customers Liability on Letters of
Credit and Aceeptanccs. Profit and Loss .... Other Resources.

Total. ......... .

.... $

94,277.66
none I, 795.00
none 1,750.00 2 ,250. 00 4,625.14
51,490.12
none none none
none
none none none
156,187.92

LIABILITIES:

Capital Stock. . . . .

. ........ $

Capital Notes ..

Surplus Fund .....

l:ndivided Profits ..

Reserve Funds ..

Due to Banks

Dividends l:npaid ... .

Cashier's Cheeks .... .

Certified Checks .... .

Demand Deposits ............ .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total.

.$

25,000.00 15,000.00
2,000.00 1,405.10
none none none 1,219.09 none 59,379.65 24,048.09 28,135.99
none none none none
156,187.92

68

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF MEIGS

Meigs, Ga.

As called for by the Superintendent of Banks.

J. A. BOWERS, President.
Date of Charter: 5-8-1903

TOM SMITH, Cashier.
Began Business: 6-1903

RESOURCES:
Loans and Discounts .............. $ State of Georgia and :\Iunicipal
Bonds owned. . . . . . . . ......... . U.S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and an1ount due from
approved Reserve Agents. . . . . . Checks for Clearing and Due from
other Banks. Cash Items ...
~d~~~ca~ts ~;.; . C~tto,; .. and . ~th~~
Commodities .............. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .. Other Resources.

Total. .....

. ...... $

59' 182.35
none 10,138.91
none 5,000.00 2,050.00 12,700.00
24,336.02
322.00 none 34.05
239,368.40
none 14.80 903.25
3.54 ,049. 78

LIABILITIES:

Capital Stock. . . . . .

.$

S.Urplus Fund ..... .

Lindivided Profits ..

Reserve Funds ... .

Due to Banks .... .

Dividends l}npaid ... .

Cashier's Checks .... .

Certified Checks ..

Demand Deposits........... .

Time Certifif'ates of Deposits.

Savings Deposits. . . . . . . . . . ..... .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable ............... .

Notes and Bills Rediscounted.

Other I.iabilities.

Total. ..

$

50,000.00 15,000.00
none 10' 162.66
none 76.00 370.25 none 63,055.92 233.21 70,065.90
none 145,000.00
none 85.84
354,049.~

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF MILAN

Milan, Ga.

As called for by the Superintendent of Banks.

J. M. COOK, President.
Date of Charter: 12-5-1906

D. R. NEWTON, Cashier.
Began Business: 12-1906

RESOURCES:
Loan8 and Discounts. . . . . . . . . . . .$ State of Georgia and ~Iunicipal
Bonds owned .............. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot. Furniture and Fixtures .. Other Real Estate owned. . ..... Cash in Vault and amount due
from approved Reserve Agents. Checks for Clearing and Due from
other Banks. Cash Items.
~d~~~ca~ts ~;,_ c~it~,; and oth~~
Commodities .............. . Customers Liability on Letters of
Credit and Aceeptances. Profit and Loss. . Other Resources.

Total. ....

... $

57,375.63
none 8,125.00
none 9,960.00 1,980.00 10,053.03
30,004.01
none none none
219.41
none none 139.11
117,856.79

LIABILITIES:

Capital Stock. .

. .. $

Capital :\'otes.

Surplus Fund ....

Undivided Profits ..

Reserve Funds .

Due to Banks .....

Dividends Unpaid.

Cashier's Checks.

Certified Checks ...

Demand Deposits. . . . . . . . . . .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . . . . . .

Letters of Credit and Acceptanf'es

exeC'uted for Customers ..

Bills Payable................. .

)/otes and Bills Rediscounted.

Other Liabilities.

Total. ..

. ... $

25,000.00 12 '500. 00
none 365.62 250.00
none none I ,032.49 none 59' 508.97 19,199.71 none
none none none none
117,856.79

FIFTEENTH ANNUAL REPORT

69

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

EXCHANGE BANK

Milledgeville, Ga.

As called for by the Superintendent of Banks.

OTTO M. CONN, President.
Date of Charter: 5-20-1903

H. G. BANKS, Cashier.
Began Business: 6-1903

RESOURCES:

Loans and Discounts.. . . . . . . . .... $ State of Georgia and Municipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... .

Cash in Vault and amount due from approved Reserve Agents. . . . . . .
Checks for Clearing and Due from other Banks.

Cash Items ..

Overdrafts .. Advance on

Cotton .. ~~d ...oth~~

Commodities ................. . Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss ....

Other Resources.

Total. ...

.... $

440,031.77
37,419.35 29' 174.42
8,591.00 none
2,837.13 31 '384. 02
83,053.25
12,807.25 174.64 547.16
741.05
none none 26,723.20
673,484.24

LIABILITIES:

Capital Stock. .

$

Surplus Fund ....

Undivided Profits.

Reserve Funds ..

Due to Banks .....

Dividends L'npaid ..

Cashier's Checks ...

Certified Checks.

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable. . . . . . . . ...... .

Notes and Bills Rediscounted.

Other Liabilities.

100,000.00 75,000.00 5,816.94 12' 701.38 none 530.67 6,860.99 none
472,574.26 none none
none none none none

Total.

. ...... $ 673,484.24

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE MERCHANTS & FARMERS BANK

Milledgeville, Ga.

As called for by the Superintendent of Banks.

MARION H. ALLEN, President.
Date of Charter: 3-22-1898

L. C. HALL, Cashier.
Began Business: 3-1898

RESOURCES:

Loans and Discounts .............. $

State of Georgia and Municipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned ....

Banking House and Lot ..

Furniture and Fixtures ... .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents .. and Due.

ir~;,;

other Banks.
Cash Items ...
~d~~~ca:ts ~;; C~tt~,;. and.. ~th~~

Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss .. Other Resources. . ......... .

Total ........ .

. . . .$

314,046.99
none 13,575.00
none 9,467.61 5,109.64 40,391.73
70,808.98
4,121.21 none
164 04
16,915.68
none none 599.67
475,200.55

LIABILITIES:

Capital Stock. .

. .... $

Surplus Fund ....

Undivided Profits.

Reserve Funds ..

Due to Banks .....

Dividends Unpaid

Cashier's Checks ..

Certified Checks ..

Demand Deposits ........... .

Time Ccrtificates of Dcposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ....

.. $

80,000.00 80,000.00 11,957.41
3,586.49 none none
822.63 none
298,834.02 none none
none none none none
475,200.55

70

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE MILLEDGEVILLE BANKING COMPANY

Milledgeville, Ga.

As called for by the Superintendent of Banks.

MILLER S. BELL, President.
Date of Charter: 9-13-1874

MILLER R. BELL, Cashier.
Began Business: 11-13-1884

RESOURCES:
Loans and Discounts. . . . . . . . . . . .$ State of Georgia and :\Iunicipal
Bonds owned................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot . Furniture and Fixtures ... . Other Real Estate owned .... . Cash in Vault and amount due from
approved Reserve Agents ... Checks for Clearing and Due from
other Banks .. Cash Items.
~d~~~c'::ts~,;, . C~tt~~ .~;,d . ~th~~
CommodltiPs ................. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .... Other RPsourccs ..

899,363.87
67,419.00 none
7,000.00 2,440.99
1.00 37.374.00
229,831.09
none none 127.07
none
none none none

Total. ...

.... $ 1,243,557.02

LIABILITIES:

Capital Stock. .

. .... $ 50,000.00

Surplus Fund ..... .

100,000.00

Undivided Profits .. .

45,805.97

Reserve Funds .... .

17,500.00

Due to Banks . . . . . . ........... .

none

Dividends Unpaid ... .

637.60

Cashier's Checks .... .

4,422.14

Certified Checks ... .

none

Demand Deposits .......... .

1,025,191.31

Time Certificates of Deposits.

none

Savings Deposits ................ .

none

Letters of Credit and Acccptanf'es

exE>cuted for Customers .... .

none

Bills Payable. . . . . . . . . . ... .

none

Notes and Bills Rediscounted.

none

Other Liabilities.

none

Total. ....

. ....... $ 1,243,557.02

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF MILLEN

Millen, Ga.

As called for by the Superintendent of Banks.

S. C. PARKER, President.
Date of Charter: 1-4-1893

W. H. SHEPPARD, JR., Cashier.
Began Business: 3-1-1893

RESOURCES:
Loans and Discounts. . . . . . . . . . . . .$ State of Gf';orgia and ::\Iunicipal
Bonds owned. . . . . . . . . . . . . . .... U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot . Furniture and Fixtures .... Other Real Estate owned. . . . . . . . . Cash in Vault and amount due from
approved Reserve Agents. . . . . . . Checks for Clearing and Due from
other Banks ... . Cash Items ... .
~d~~~l~:ts 'an Cotton .. ~~d . 'a'th~~
Commodities ................. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .. Other Resources.

Total. ....... .

.. $

85,236.41
none 126,051.25
3,000.00 15,000.00
4. 750.00 9,006.41
90.789.94
1,838.53 none none
426,230.80

LIABILITIES:

Capital Stock.

. .......... $

Surplus Fund ...... .

Undivided Profits .. .

Reserve Funds .. .

Due to Banks ... .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks ... .

Demand Deposits ........... .

Time Certificates of Deposits ..

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities ........... .

none
none 852.32

762,755.66 Total. .......................... $

50,000.00 50,000.00 10.255.01
none none none 1,661.87 none 389,413.17 18,150.00 193,244.49
none 50,031.12
none none
762.755.66

FIFTEENTH ANNUAL REPORT

71

STATEMENT

Showing condition at the dose of Business December 31, 1934, of the

BANK OF MOLENA

Molena, Ga.

As called for by the Superintendent of Banks.

W. 0. JORDAN, President.
Date of Charter: 10-7-1901

R. H. FLETCHER, Cashier.
Began Business: 3-1899

RESOURCES:

Loans and Discounts. . . . . ........ $

State of Georgia and Municipal

Bonds owned................. .

1.;. S. Government Securities owned.

Other Stocks and Bonds owned ..

Banking House and Lot .

Furniture and Fixtures .. .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Agents. Clearing and Due

. fr~;,;_

other Banks....

Cash Items.

~d~~~::ts~n c~tt~,; ~,;d. other

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances .....

Profit and Loss.

Other Resources.

Total. ..... .

.. $

29,248.56
none 4,950.00
none 1,700.00 2,400.00 2 ,960.00
32,621.48
13.00 19.72 27.89
7,168.28
none none 199.67
81,308.60

LIABILITIES:

Capital Stock. . . .

. ... $

Capital Notes ...... .

Surplus Fund ...... .

Undivided Profits ... .

Reserve Funds ..... .

Due to Banks ...... .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks ... .

Demand Deposits.......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ..

Bills Payable .................. .

Notes and Bills Rediscounted .. .

Other Liabilities.

Total. ....

... $

15,000.00 5,000.00 none 757.39 200.00 none none 1,075.90 none 34 '757 .95 24,208.87 308.49
none none none noQe
81,308.60

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE FARMERS BANK

Monroe, Ga.

As called for by the Superintendent of Banks.

J. M. NOWELL, President.
Date of Charter: 12-2-1905

C. R. BRADFORD, Cashier.
Began Business: 1-1-1906

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... Banking House and Lot .. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ..... . Checks for Clearing and Due from
other Banks........... . Cash Items ............. .
~d~~~ca:ts ~;; . C~tton and ..oth~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances........ . Profit and Loss ............ . Other Resources ............... .

Total ....

. . . . .$

300,357.00
70 '781. 74 111,313.02
47,168.75 none
2,127.00 12,978.81
188,601.18
6,110.96 16.20 none
none
none none 53,369.75
792,824.41

LIABILITIES:

Capital Stock. . . .

. ... $

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds . . .. .

Due to Banks ..... .

Dividends Unpaid .. .

Cashier's Checks.... .

Certified Checks ........ .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers......... .

Bills Payable.................. .

Notes and Bills Red;scounted ... .

Other Liabilities.

100,000.00 30,000.00 7,035.02 none none none 20,620.50 52.75
474,534.10 23 '720. 77 85 '786.27
none none none 51,075.00

Total. ....... .

. .... $ 792,824.41

72

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE CITIZENS BANK

Morven, Ga.

As called for by the Superintendent of Banks.

R. C. LESTER, SR., President.
Date of Charter: 2-12-1927

B. T. HARRIS, Cashier.
Began Business: 2-21-1927

RESOURCES:
Loans and Discounts. . . . . . . . . . . .$ State of Georgia and l\Iunidpal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... Banking House and Lot. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items.
~d~~~ca~ts ~~- c~tt~~ ~~d ~th~~
Commodities ................. . Customers Liability on Letters o.f
Credit and Acceptances.
b~h~~ R';,~o~~~~~ . ........ .

Total.

.$

94,635.75
none 2,884.00
none 1,000.00 1,880.00
none
6,061.54
none 252.77
80.48
1 ,032. 29
none none 65.25
107,892.08

LIABILITIES:

Capital Stock.

. ............. $

Capital Notes.

Surplus Fund .....

Undivided Profits.

Reserve Funds .

Due to Banks .....

Dividends Unpaid.

Cashier's Checks ..

Certified Checks .. .

Demand Deposits ........... .

Time Certificates of Deposits ..

Savings Deposits. . . . . . . . . . ....

Lette-rs of Credit and Acceptances

executed for Customers.

Bills Payable ................ .

Notes and Bills Rediscounted.

Other Liabilities.

Total.

......... $

15,000.00 5,000.00 none 550.48 none none none 131.89 none
24,006.74 3,540.28 1 '701.40
none 57,961.29
none none
107,892.08

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

MOULTRIE BANKING CO.

Moultrie, Ga.

As called for by the Superintendent of Banks.

W. C. VEREEN, President.
Date of Charter: 7-8-1896

M. L. LEE, Cashier.
Began Business: 1896

RESOURCES:

Loans and Discounts .............. $ 1,378,756.86

State of Georgia and J\Iunicipal Bonds owned .................. .
C. S. Governrnent. Securities owned. Other Stocks and Bonds owned ... Banking House and Lot .

72,354.50 478,471.36
87,080.25
66,496.92

Furniture and Fixtures ... Other Real Estate owned . . . . . . . . .

5' 142.93 41,155.26

Cash in Vault and amount due from approved Reserve Agents. . . . . . .

289' 176.73

Checks for Clearing and Due from
other Banks ...
Cash Items.
~d~~~ca;ts ~n C~tto~ .. ~;.,d . ~ti1~~

62,370.82 5.00
187.34

Commoditie-s ................ .

3,632.81

Customers Liability on Letters of Credit and Acceptances ..
Profit and Loss .... Other Resources ..

none none 2,421.23

Total. .....

.. $ 2,487,252.01

LIABILITIES:

Capital Stock.

. ............ $ 200,000.00

Surplus Fund. . . . .

200,000.00

Undivided Profits ..

51,147.66

Reserve Funds .

29,638.52

Due to Banks .... .

none

Dividends t:npaid ........... .

none

Cashier's Checks.

14,291.15

Certified Checks ..

180.20

Demand Deposits ........... .

1,293,814.90

Time Certifieates of Deposits.

412,233.03

Savings Deposits. . . . . . . . . . . . . . . . 285,946.55

Letters of Credit and Acceptances

executed for Customers.

none

Bills Payable. . . . . . . . . . . . . . . .

none

Notes and Bills Rediscounted.

none

Other Liabilities ..

none

Total.

... $ 2 '487 '252. 01

FIFTEENTH ANNUAL REPORT

73

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE MOUNT VERNON BANK

Mount Vernon, Ga.

As called for by the Superintendent of Banks.

D. A. McRAE, President.
Date of Charter: 12-21-1900

J. P. PETERSON, Cashier.
Began Business: 1-24-1901

RESOURCES:

Loans and Discounts .............. $ State of Georgia and ~Iunicipal

Bonds owned

..

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot ..

Furniture and Fixtures ...

Other Real Estate owned. . . . . . . . .

Cash in Vault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from

other Banks .....

Cash Items.

~d~~~~::ts ~n C~tt~,; . and . ~th~~

Commodities ................ .

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss.

Other RPsourees.

Total.

. . . . .$

78,400.49
27 '727 .80 24,249.00 4,927.50
2 '799.93 1,649.76 13,071.74
76,775.17
none 2.25 4.01
54' 983.28
none none 360.94
284,951.87

LIABILITIES:

Capital Stock. .

.$

Surplus Fund .....

Undivided Profits.

Reserve Funds .

Due to Banks .... .

Dividends Unpaid .. .

Cashier's Checks ... .

Certified Checks .. .

Demand Deposits. . . . . . . . . . ..

Time Certificates of Deposits ..

Savings Deposits. . . . . . . . . . . . . .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable. . . . . . . . . . . . . . . .

Notes and Bills Rediscounted ..

Other Liabilities.

Total ..

..... $

15,000.00 45,000.00
2,285.85 none none none
392.99 none
133,152.05 64,214.08 24 '906. 90
none none none none
284,951.87

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE UNITED BANKING CO.

Nashville, Ga.

As called for by the Superintendent of Banks.

P. H. ASKEW, President.
Date of Charter: 7-10-1924

P. L. HOWARD, Cashier.
Began Business: 7-15-1924

RESOURCES:
Loans and Discounts.. . . . . . . . . . . . $ State of Georgia and :\funicipal
Bonds owned. . . . . . . . ......... . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due
from approved Reserve Agents ... Checks for Clearing and Due from
other Banks .. Cash Items ....
~d~~~::ts ~~ C~tt~,; . ~~d. ~th~~
Commodities................ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .. Other Resources.

Total. ....

..... $

119 '502. 87
.5,000.00 3,775.00 5,000.00 3,240.00 2,025.00 2,712.62
172,804.63
26.22 none none
3' 156.15
none none 517.65
317,820.14

LIABILITIES:

Capital Stock. . . .

. ..... $

Surplus Fund ....

Undivided Profits .

Reserve Funds.

Due to Banks ..... .

Dividends Unpaid.

Cashier's Checks.

Certified Checks ..... .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . . . . . . .

Letters of Credit and Acceptances

executed for Customers ...

Bills Payable. . . . . . . . . . . . . . . .

Notes and Bills Rediscounted ..

Other Liabilities.

Total. ....

. ..... $

25,000.00 4,000.00 904.29 none none none 586.41 none
214,805.59 72,523.85 none
none none none none
317,820.14

74

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF NEWINGTON

Newington, Ga.

As called for by the Superintendent of Banks.

J. A. MILLS, President.
Date of Charter: 7-7-1919

STANTON B. LEE, Cashier.
Began Business: 8-14-1919

RESOURCES:
Loans and Disrounts. . . . . . . . . .... $ State of Georgia and :rviunicipal
Bonds owned. . . . . . . . . . . . . . . . .. U.S. Government Securities O\Vncd. Other Stocks and Bonds owned. Banking House and Lot. Furniture and Fixtures ... Other Real Estate owned. . . . . . . . Cash in Yault and amount due from
approved Reserve Agents .. Cherks for Clearing and Due from
other Banks. Cash Items ............... .
~d~~~~:ts ~n c~tt~~ ~~d- other Commodities ................ . Customers Liability on Letters of
Credit and Acceptanees. Profit and Los8 ... Other RPsources.

Total.

.$

26,425.51
none none none 2,479.38 1,639.40 2, 779.21
7,422. 20
none none none
none
none none 143.66
40,889.36

LIABILITIES:

Capital Stork.

. .......... $

Surplus Fund ...... .

undivided Profits .. .

Reserve Funds .. .

Due to Banks ........ .

Dividends Unpaid ... .

Cashier's Checks.

Certified Checks ..

Demand Deposits ........... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

Pxecuted for Customers.

Bills Payable ............... .

Notes and Bills Rediscounted.

Other LiabilitiPs.

Total. .

""" " .. $

15,000.00 none none none none none
550.77 none
13,937.8-1 2,106.39 12.60
none 9 ,281. 76
none none
40,889.36

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BAKER COUNTY BANK

Newton, Ga.

As called for by the Superintendent of Banks.

J. C. ODOM, President.
Date of Charter: 10-4-1906

J. H. HALL, Cashier.
Began Business: 10-15-1906

RESOURCES:

Loans and Discounts. . . . . . . ..... $

State of Georgia and :\Iunif'ipal

Bonds mvned .................. . U. S. Government Sef'urities ownPd.

Other Stocks and Bonds owned.

Banking House and Lot. Furniture and Fixtures ...

Other Real Estatr owned. . . . . . . . .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents .. and Due

.

r'ro~~

other Banks.
Cash Items ................ .
~d~~~~a:ts ~;, C~tt~,; ~;,d. ..oth~~

Commodities ................ .

Customers Liability on Letters of Credit and Acceptances.
Profit and Loss ....

Other Resources.

Total.

.............. $

54,988.80
none 4,000.00
none 2,944.15 2 ,426. 66 2 ,300. 55
21 ,327. 40
30.00 none none
34,009.05

LIABILITIES:

Capital Stock.

. .. $

Surplus Fund .....

Undivided Profits.

Reserve Funds .

Due to Banks

Dividends Unpaid.

Cashier's Checks.

Certified Checks.

Demand Deposits

Time Certificates of Deposits ..

Savings Deposits ................ .

Letters of Credit and Acceptances

exeeuted for Customers.

Bills Payable. . . . . . . . . . . . . . . . . .

:-1otes and Bills Rediscounted ...

Other Liabilities ..

none none
none

122,026.61 [Total ...

......... $

25,000.00 2.'i ,000. 00
411.37 none none none
585.58 none
66,522.10 4,507.56 none
none none none none
122,026.61

FIFTEENTH ANNUAL REPORT

75

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF NORCROSS

Norcross, Ga.

As called for by the Superintendent of Banks.

T. E. JOHNSON, President.
Date of Charter: 12-12-1903

C. A. McDANIEL, Cashier.
Began Business: 2-1-1904

RESOURCES:
Loans and Discounts .............. $ State of Georgia and :.\.Junicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot. Furniture and Fixtures ... Other Real Estate owned. . . . .... Cash in Vault and amount due from
approved Reserve Agents ........ . Checks for Clearing and Due from
other Banks .... Cash Items ..
~d~~~ca:ts ~n- c~tto~ ~~d ~th~r
Commodities. . . . ........... . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss .. Other Resources .

Total..

.... $

52' 323.02
2,000.00 9,097.00
none 6,500.00 2,200.00
none
112 '523. 6:3
7.00 2.50 none
28,441.76
none none 294.46
21:3,:389.37

LIABILITIES:

Capital Stock.

. ........ . $

Surplus Fund ...... .

Undivided Profits .. .

Reserve Funds ... .

Due to Banks .... .

Dividends Unpaid.

Cashier's Checks .. .

Certified Checks.... .

Demand Deposits ......... .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . ..... .

Letters of Credit and Acceptances

executed for CustornE'rs.

Bills Payable .................... .

Notes and Bills Rediscounted ... .

Other Liabilities.

Total. ..

.$

30,000.00 6,000.00 7,632.11 none none none 6,116.19 400.00
139,635.33 3,959.38
19,605.22
none none none 41.14
213,389.37

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF OCHLOCHNEE

Ochlochnee, Ga.

As called for by the Superintendent of Banks.

W. H. WURST, President.
Date of Charter: 10-19-1906

A. E. SPEER, Cashier.
Began Business: 11-1-1906

RESOURCES:

Loans and Discounts. . . . . . . . . . . . . $

State of Georgia and :\Iunicipal

Bonds owned. . . . . . . . . . . . . . . ..

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot.

Furniture and Fixtures .. . Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

AgPnt and

s .. Due.

fro~~

other Banks.

Cash Items ..
~d~~~ca:ts ~n C~tt~~ . ~;,d . ~th~~

Commodities................ . Customers Liability on Letters of

Credit and Acceptances ....

Profit and Loss. Other Resources.

Total. ....

. . . .$

23,317.32
none 3,950.00 1,899.60 2,000.00 2,500.00 8' 229.82
13,042.14
none none 119.92
44,387.20
none none 90.63

LIABILITIES:
Capital Stock. . . . . . . . . . . . . . . . . . . $ Capital Notes .. . Surplus Fund ............... . Undivided Profits. Reserve Funds ............... . Due to Banks. . ..... . Dividends Unpaid ... . Cashier's Checks. Certified Checks .. Demand Deposits .......... . Time Certificates of Deposits. Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ..... . Bills Payable ................. . Notes and Bills Rediscounted .. . Other Liabilities ....

99,536. 63 : Total. .

.$

15,000.00 5,000.00 260.49 none 250.00 none none 31.01 11.80
31 ,301. 32 22' 761.75 17,420.25
none 7,500.00
none none
99,536.63

76

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF OGLETHORPE

Oglethorpe, Ga.

As called for by the Superintendent of Banks.

T. H. MORGAN, President.
Date of Charter: 2-1-1901

W. E. WILBURN, Cashier.
Began Business: 2-8-1901

RESOURCES:

LIAB1LITIES:

Loans and Discounts. . . . . . . . . . . . $ State of Georgia and ::\Iunicipal
Bonds mvned. . . . . . . . . . . . . . . .. U. S. Governm,cnt Securities owned Other Stocks and Bonds owned. Banking House and Lot . Furniture and Fixtures .. . Other Real Estate owned ........ .
Cash in Vault and amount due from approved Reserve Agents ..
Checks for Clearing and Due from other Banks.
Cash Items ..
~d~~~::ts ~;, . c~ito~ a~d ~th~~
Commodities ................. .
Customers Liability on Letters of Credit and Acceptances ..
Profit and Loss. Other Resources.

142,446.13
none none none 1,500.00 none 10,339.31
67,857.47
none none 70.72
2' 196.68
none none none

Capital Stock.

. .$

Surplus Fund .....

l:ndivided Profits.

Reserve Funds .

Due to Banks .....

Dividends Lnpaid.

Cashier's Checks.

Certified Checks ..

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ............... .

Letters of Credit and Acf'eptanees

executed for Customers.

Bills Payable. . . . . . . . . . . . . . .

N otcs and Bills Rediscounted.

Other Liabilities.

15,000.00 10.000.00
420.54 1,979.46
none none 768.29 none 174,000.17 22,241.85 none
none none none none

Total_:_:_:_:_cc_:_:_:~_cc_:_:_:~_cc_:_:_:c_:_c_:_c:_$_ _:2:::2c:4_:_,4c:_1:_:0::_:_::3c:1__:c__:Tc::oc:t~al'-'.-'-''-''c..:_c_:_:_:_:_:c..:_c_:_:_:_:_:c..:_c_:_:_:_:_:c..:_c=$--=2:::2c:4_:_,4_:_1::..:0::_:_::3c:1_

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS BANK

Palmetto, Ga.

As called for by the Superintendent of Banks.

,J. H. BALLARD, President.
Date of Charter: 6-29-1918

B. HUDSON, Cashier.
Began Business: 7-10-1918

REROURCER:

Loans and Disrounts. . . . . . . . . . . .$ State of Georgia and ~Iunicipal
Bonds owned. . . . . . . . . . . .....
U. S. Government Securities owned. Other Stocks and Bonds owned .. Banking House and Lot .. .
Furniture and Fixtures .. . Other Real Estate owned. . ...... .
Cash in Vault and amount due from approved Reserve Agents. . .....
Checks for Clearing and Due from
other Banks. Cash Items
~d~~~ca:ts ~n Cotton ~~d . ~th~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances.
Profit and Loss. Other Resources ..

Total .....

. ...... $

96' 106.32
none 1,950.00 7,000.00 6,000.00 2,000.00 8,115.40
11,974.70
972.17 none none
none
none 414.09 131.97
134,664.65

LIABILITIES:

Capital Stock.

$

Surplus Fund .... .

Undivided Profits .. .

Reserve Funds ... .

Due to Banks ..... .

Dividends Unpaid. . . .

Cashier's Checks ..... .

Certified Checks ... .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers

Bills Payable. . . . . . . . . . . . . ....

Notes and Bills Rediscounted.

Other Liabilities ..

Total.

.$

25,000.00 nonenone
1,000.00 none'
DOllE'
1,719.90 none
68,813.61 38' 131.14
none
none none none none
134,664.6.5

FIFTEENTH ANNUAL REPORT

77

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE PATTERSON BANK

Patterson, Ga.

As called for by the Superintendent of Banks.

ROMA THOMAS, President.
Date of Charter: 6-19-1907

B. J. DIXON, Cashier.
Began Business: 6-19-1907

RESOURCES:

Loans and Discounts .............. $ State of Georgia and Municipal

Bonds owned. . . . . . . . . . . . .....

U. S. Government Securities owned.

Other Stocks and Bonds owned ...

Banking House and Lot ..

Furniture and Fixtures.

Other Real Estate owned. . . . . ....

Cash in Vault and amount due from

approved Checks for

Reserve A~Pnts ... Clearing and Due

fr~~

other Banks.

Cash Items ...

~d~~~;:ts~;, Cotton ~nd . 'oth~r

Commodities ............... .

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss.

Other Resources.

Total.

$

35' 320.58
none 10 '900. 00
150.75 2,430.00
940.00 5,185.06
26,922.61
none none 1.94
none
none 1 ,479. 93
none
83,330.87

LIABILITIES:

Capital Stock. .

.$

Surplus Fund ....

Undivided Profits ..

Reserve Funds ............. .

Due to Banks ... .

Dividends Unpaid .... .

Cashier's Checks ..... .

Certified Checks .. .

Demand Deposits ........... .

Time Certificates of Deposits.

Savings Deposits ............... .

Letters of Credit and Acceptances

executed for Cu&tomers ... .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total.

.$

15,000.00 5,500.00 3 '786.39 none none none 82.74 none
36,838.81 22' 122.93
none
none none none none
B3,330.87

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS BANK OF PELHAM

Pelham, Ga.

As called for by the Superintendent of Banks.

F. D. HOLLIS, President.
Date of Charter: 8-25-1902

J. R. PAYNE, Cashier.
Began Business: 9-1-1902

RESOURCES:
Loans and Discounts .............. $ State of Georgia and l\iunicipal
Bonds owned. . . . . . . . . . . . . . . . .. U. S. Government Securities owned. Other Stocks and Bonds owned .. Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items ...
~d~~~ca:ts ~;, Cotton .. ~;,d . oth~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ... Other Resources ..

Total. ....

. . . .$

166,740.30
3,690.55 none
4,500.00 4,400.00 1 '729.91 21,382.18
91,188.71
3,418.00 none
234.76
204,626.79
none none 2,308.34
501,219.54

LIABILITIES:

Capital Stock. . . .

.$

Surplus Fund ....

Undivided Profits.

Reserve Funds.

Due to Banks .....

Dividends Unpaid ..

Cashier's Checks ...

Certified Checks.

Demand Deposits. . . . . . . . . . .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Af'ceptances

executed for Customers ... .

Bills Payable................ .

Notes and Bills Rediscounted.

Other Liabilities.

100,000.00 23,000.00
1,457 ,0"1 1,000.00
none 978.00 2,455.85
3.00 209' 190.10
none 89' 335.55
none 75,000.00
none 1 ,800. 00

Total. ....

.$ 504,219.54

78

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

PERRY LOAN AND SAVINGS BANK

Perry, Ga.

As called for by the Superintendent of Banks.

R. L. CATER, President.
Date of Charter: 8~20~1889

C. E. ANDREW, Cashier.
Began Business: 1889

RESOURCES:
Loans and Discounts. . . . . . . . .... $ State of Georgia and ~~ unicipal
Bonds owned ... U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks .... .
. Cash Items .... .
~d~~~::ts ~~- C~tt~,; . and . ~ti1e;
Commodities ............... . Customers Liability on Letters of
Credit and Acceptances .. Profit and Loss ... Other Resources.

Total.

.$

94 '.554. 25
none 50,000.00
none 10,000.00
2,000.00 9,450.00
109,648.47
22:5..'>3 none 31.39
7' 149.28
none none none
283 .();jti. 92

LIABILITIES:

Capital Stock.

. .......... $

Surplus Fund ..... .

lJndividPd Profits ..

Reserve Funds ..

Due to Banks .....

Dividends Unpaid ..

Cashier's Checks ...

Certified Checks.

Demand Deposits ............ .

Time Certificates of Deposits .. .

Savings Deposits. . . . . . . . . . . . . ..

Letters of Credit and Acceptances

executed for Customers ... .

Bills Payable.................. .

;\/otes and Bells Rediscounted .. .

Other Liabilities ...

Total ..

.$

25,000.00 27,500.00
2,087.:32 none none
704.00 103.00 2,400.00 192,783.20 14,122. ,'jQ 18,356.90
none none none none
283,056.92

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF PINEHURST

Pinehurst, Ga.

As called for by the Superintendent of Banks.

D. E. THOMPSON, President.
Date of Charter: 1~1~1908

A. M. IVILSO~ Cashier.
Began Business: 1904

RESOURCES:
Loans and Discounts .............. $ State of Georgia and ~lunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ... Checks for Clearing and Due from
other Banks ...... . Cash Items ...
~d~,~~::ts o~ ..C~tt~~ . and .o.th~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ..... . Other Resources.

Total.

... $

83,372. G3
none none 975.00 1' ,)00. 00 2,500.00 none
29,859.19
584.86 none none
1,939.86
none none none

LIABILITIES:

Capital Stock. Capital Notes.

.. $

Surplus Fund .........

Undivided Profits ......

Heserve Funds ...

Due to Banks .....

Dividends Unpaid. Cashier's Checks. Certified Checks ...



Demand Deposits .................

Time Certificates of Deposits .......

Savings Deposits .................

Letters of Credit and Acceptances

executed for Customers..........

Bills Payable ................

~otes and Bills Rediscounted ......

Other Liabilities ..................

120, 7al. 54 I Tctal.

... $

25,000.00 15,000.00
none none 119.47 none none 1,802.73 none 62' 142.34 16,667.00 none
none none none none
120,731.54

FIFTEENTH ANNUAL REPORT

79

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

PITTS BANKING CO.

Pitts, Ga.

As called for by the Superintendent of Banks.

L. 0. BENTON, President.
Date of Charter: 6-2-1906

A. C. SHELL, Cashier.
Began Business: 6-1906

RESOURCES:

Loans and DiRcounts .............. $ 70,322.68

State of Georgia and l\Iunicipal

Bonds owned.................. .

none

U. S. Government Securities owned.

none

Other Stocks and Bonds owned .... .

5,500.00

Banking House and Lot .......... .

450.00

Furniture and Fixtures ........... .

1,150.00

Other Real Estate owned ......... .

5,500.00

Cash in Vault and amount due from

approved Reserve Agents ....... .

55,984.04

Checks for Clearing and Due from

other Banks................... .

none

Cash Items ..................... .

none

Overdrafts ...................... .

none

Advance on Cotton and other

Commodities .................. .

12,420.28

Customers Liability on Letters of

Credit and Acceptances ......... .

none

Profit and Loss .................. .

none

Other Re~ources ................. .- - - -no-ne

Total. ................ ..... .$ 151 ,327. 00

LIABILITIES:

Capital Stock. . . . . . . . . . . . . . . $

Surplus Fund. .

. ........ .

Undivided Profits.. . ............ .

Reserve Funds .................. .

Due to Banks ............... .

Dividends Unpaid ............... .

Cashier's Checks .... .

Certified Checks................. .

Demand Deposits ................ .

Time Certificates of Deposits..... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers......... .

Bills Payable .................... .

Notes and Bills Rediscounted ..

Other Liabilities ............. .

Total. ........................... $

25,000.00 5,000.00
189.78 none none none
2,058.14 none
107,011.54 12,067.54 none
none none none none
151,327.00

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF QUITMAN

Quitman, Ga.

As called for by the Superintendent of Banks.

SAML. S. ROUNTREE, President.
Date of Charter: 12-26-1888

H. W. STUBBS, Cashier.
B.egan Business: 12-27-1888

RESOURCES:
Loans and Discounts.............. $ State of Georgia and l\iunicipal
Bonds owned.................. . L. S. Government Securities owned. Other Stoeks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Yault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss .................. . Other Resources ................. .
Total. ........................... $

293,144.98
none 450.00 94,939.39 16,000.00 4,000.00 16,761.21
190,133.71
none 5,104.00
none
2, 979.14
none none none
623,512.43

LIABILITIES:
Capital Stock. . . . . . . . . . . . . . . . . . $ Surplus Fund .... Undivided Profits. Reserve Funds ..... . Due to Banks ...... . Dividends Unpaid ............. . Cashier's Checks................. . Certified Checks ................. . Demand Deposits ................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Hediscounted ..... . Other Liabilities ................. .

100,000.00 33,212.11 none 47,402.18 none 3,000.00 1 ,072. 58 none
235,244.23 none
203,581.33
none none none none

Total. ................... .

. .$ 623,512.43

80

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE TATTNALL BANK

Reidsville, Ga.

As called for by the Superintendent of Banks.

J. V. KELLEY, President.
Date of Charter: 9-14-1900

W. E. SMITH, .JR., Cashier.
Began Business: 10-22-1900

RESOURCES:

Loans and Discounts .............. $ State of Georgia and ~I unicipal
Bonds owned .................. . U. S. Government SPrurities owned. Other Stocks and Bonds owned.
Banking House and Lot. Furniture and Fixtures ... Other Real Estate owned. . .. Cash in Vault and amount due from
approved Reserye AgPnts ....... . Chcrks for Clearing and Due from
other Banks .. , ..
Cash Items.
~d~~t~ca:ts ~~- .C~tto~ .. a~~l . other
Commodities............... . Customers Liability on Lettf'rs of
Credit and Acceptances.
Profit and Loss .. Other Resources.

Total. ..

$

166,986.27
none 7 ,875. 00 1,000.00 5,000.00 1, 382.99 13,7.'\4.96
47,405. :J7
none none 181.43
none
none none 36,250.00
279,83G.02

LIABILITIES:

Capital Stock.

. ........ $

Rurplus Fund ....

Cndivided Profits.

ReserYC Funds .. .

Due to Banks .... .

Dividends Unpaid.

Ca:-5hier's Checks ...... .

Certified Checks ... .

Demand Deposits ........... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

exef'utrd for Customers ..

Bills Payable . . ....

K otes and Bills Rediscounted.

Other Liabilities.

Total.

. ................ $

25,000.00 2.1, 961.54
none none none none 454.41 100.00 122 ,b31. 02 25,1g2.72 31,155.32
none 12,900.41
none 36,250.00
279 ,836. 02

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

RENTZ BANKING CO.

Rentz, Ga.

As called for by the Superintendent of Banlts.

0. D. BARRON, President.
Date of Charter: 5-2-1914

THERON WOODARD, Cashier.
Began Business: 5-5-1914

RESOURCES:

Loans and Discounts .............. $

State of Georgia and :\Iunicipal

Bonds mvncd

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot .

Furniture and Fixtures .. .

Other Real Estate o\vncd ......... .

Cash in Vault and amount due from

approved Checks for

HPserve Clearing

Agents ... and Due.

fr~~~

other Banks.

Cash Items ...

Overdrafts. . . . ...... .

Advance on Cotton and other

Commodities.................. .

CustomerR Liabilty on Le'.!ters of

Credit and Acceptances.

Profit and Loss ...

Other Resources.

Total..

... $

65 ,77o. au
none none none 1,850.00 1,350.00 1,986.87
10,213.09
none 129.22 135.91
3' 187.07
none none none
84.. 622.55

LIABILITIES:

Capital Stock.

. .......... $

Surplus Fund ....

Undivided Profits.

Heserve Funds.

Due to Banks .....

Dividends l,;npaid.

Cashier's Checks

Certified Checks.

Demand Deposits........... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Custmners.

Bills Payable ................ .

Notes and Bills Rediscounted ..

Other Liabilities ..

Total.

...................... $

15,000.00 5 ,000. 00
10,351. ()8 2,813.65 none none none none
46' 159.07 5,298.15 none
none none none none
84,622.55

FIFTEENTH ANNUAL REPORT

81

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE CITIZENS STATE BANK

Reynolds, Ga.

As called for by the Superintendent of Banks.

C. H. NEISLER,

R. L. BELL,

President. Date of Charter: 9-8-1922

Cashier. Began Business: 9-8-1922

RESOURCES:

Loans and Discounts .............. $

State of Georgia and l\funicipal

Bonds owned, ................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot ..

Furniture and Fixtures .. .

Other Real Estate owned ......... .

Cash in Vault and amount due

from approved Reserve Agents ...

Checks for Clearing and Due fron1

other Banks.

Cash Items .

~d~:~~~ts ~;,: . C~tt~,; .. ~;,d . oti1~~

Commodities ...... Customers Liability

... on

....... Letters

.

~f

Credit and Acceptances ....

Profit and Loss ..

Other Resources.

Total. ....

.$

148,349.81
none 850.00 900.00 7,000.00 2,201.20 376.00
21.880.83
541.45 none none
362.58
none none 435.16
182,897.03

LIABILITIES;

Capital Stock. . . . . .

. ....... $

Surplus Fund ..... .

Undivided Profits ..

Reserve Funds ... .

Due to Banks ..... .

Dividends Unpaid.

Cashier's Checks .. .

Certified Checks .... .

Demand Deposits ........... .

Time Certificates of Deposits ..

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. .

. ............ $

25,000.00 3,000.00 210.29 826.99 none 1,000.00 1,521.87 none
94,255.80 15,450.19 30,650.01
none 10,981.88
none none
182,897.03

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

RICHLAND BANKING CO.

Richland, Ga.

As called for by the Superintendent of Banks.

E. W. PARISH, President.
Date of Charter: 10-13-1927

WILLIS H. STRICKLAND, JR., Cashier.
Began Business: 10-15-1927

RESOURCES:

Loans and Discounts.............. $

State of Georgia and :\Iunicipal

Bonds owned. . .

.

U. S. Government Securities owned.

Other Stocks and Bonds owned .....

Banking House and Lot .. .

Furniture and Fixtures .. .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents .. and Due.

ir~;;.

other Banks ....

Cash Items... .. ............ .
~d~:~~:ts ~;. c~ti~,; and 'o'th~~

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances .....

Profit and Loss ..

Other Resources.

Total. ........ .

.$

112,162.12
1,619.43 7,150.00
218.70 4. 715.00 2,430.00
254.20
14,113.18
none 230.30
none
1 ,651. 71
none none 297.45
144,842.09

LIABILITIES:

Capital Stock ... .

.$

Surplus Fund ...... .

Undivided Profits .. .

Reserve Funds ... .

Due to Banks .... .

Dividends Unpaid ..

Cashier's Checks......... .

Certified Checks........ .

Demand Deposits ... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities ...

Total. ....

............... $

40,000.00 2,000.00 826.64 337.30 6,309.46 none 1 ,636. 76 none 60,605.53 none 17,219.26
none none 15,834.24 72.90
144,842.09

82

DEPARTMEXT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF RINGGOLD

Ringgold, Ga.

As called for by the Superintendent of Banks.

M. W. MLJRPHY, President.
Date of Charter: 8-24-1904

J. COLTON WEEKS, Cashier.
Began Business: 8-1\J04

RESOURCES:
Loans and Discounts. . . . . . . . . . . $ State of Georgia and ::\Iunicipal
Bonds ownPd. . . . . . . . . . . . . . .. U. S. GovernmPnt Sef'uritieH mvned. Other Stocks and Bonds owned. Banking Hous(' and Lot .. Furniture and Fixtures ... Other Real Estate owned. . . . . . . . . Cash in Vault and amount due frorn
approved Reserve Agents. . . . . . . Checks for Clearing and DuC' from
other Banks. Cash Items ...
~d~~~~ts ~n c;)tt~~ a~d- .o.th~~
Commodities ............... . CustomPrs Liability on Letters of
CrPdit and Af'C'Cptances. Profit and Loss. Other Resources

Total.

...... $

6-1,866.11
none 1 ,()22.00 6,110.00 2' 170.25 3,226.44 9,411.3-1
30,803.29
none 13.05 33.03
11,393.41
none none 182.13
129 '8:3:!. 0;3

LIABILITIES:

Capital Stock .

.$

Capital Notes.

Surplus Fund .....

Undivided Profits.

Reserve Funds .

Due to Banks .....

Dividends unpaid.

Cashier's ChePks.

Certified Checks ..

Demand DPposits ......... .

Time Certificates of Deposits.

Savings Deposits . . . . . . . . . . .....

LPtters of CrPdit and A~f'cptanccs

executed for Customers.

Bills Payable .............. .

~otes and Bills RedisC'ounted.

Other Liabilities ..

Total.

.$

25' 000.00 7,000.00
32~.21
none 41.5. 04
none
G.OO
7,418.(54 JO . .'iO
53,884.02 1 '575. 4-1
34' 198.30
none nonenone none
129,833.05

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CRAWFORD COUNTY BANK

As called for by the. Superintendent of Banks.

Roberta, Ga.

R. E. AVERA, President.
Date of Charter: 1-7-1901

F. E. BE~TLEY, Cashier.
Began Business: 1-8-1901

RESOURCES:
Loans and D;srounts. . . . . . . . . . .S State of Georgia and ~lunicipal
Bonds owned. . . . . . . . . . . ..... . U. S. Government SPcuritiPs o\',:ned Other Stocks and Bonds owned. Banking House and Lot .. Furniture and Fixtures ... Other Real Estate owned . . . . . . . Cash in Yault and amount due from
approved Reserve Agents. Checks for Clearing and Due from
other Banks. Cash Items.
~d~~c;:-ca:ts ~;, . C~tt~,; . ~;,d ~th~r
Commoditir-s ............... . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ... Othc>r Resources.

Total.

.$

54' 786.5~1
none 3,429. 00
none 2 ,435. 54 1 ,..120.00 7,088.40
1-1,484.10
304.00 none
129.87
545.76
none none 117.61
85,6~0.81

I,IABILITIES:

Capital Stock.

. .g

Surplus Fund ....

Undivided Proftts.

Resf'rve Funds.

Due to Banks .....

Dividends Unpaid.

Cashier's Chf'cks.

Certified Cheeks ..

Demand DPposits ........... .

Time CNtifir-atPs of Deposits.

Savings Deposits. . . . . . . . . . .....

Letters of Credit and Af'f'eptanN'S

executed for Customers ..

Bills Payable.. . . . . . . ....... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ...

............. $

15,000.00 none
1,074.04 none none none
1,126.55 none
46' 15\J. 33 22,279.09
none
none none none none
85,040.81

FIFTEENTH ANNUAL REPORT

83

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE ROCKMART BANK

Rockmart, Ga.

As called for by the Superintendent of Banks.

S.D. LEE, President. Date of Charter: 10-30-1900

H. P. FAMBRO, Cashier.
Began Business: 10-30-1900

RESOURCES:
Loans and Discounts .............. $ State of Georgia and ::\Iunicipal
Bonds owned .................. . U.S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents .. Checks for Clearing and Due from
other Banks .... Cash Items.
~d~~~ca:ts ~n c~tt~~ ~~d ~th~~
Commodities. . . . . . . . . . . . . . . . . . Customers Liability on Letters .of
Credit and Acceptances. Profit and Loss .... Other Resources ..

Total.

.$

86,025.91
none 42,200.00
none 9,700.00 3,325.00
none
84,716.88
none none none
95,1:31.98
none none 486.87
321,586.64

LIABILITIES:
Capital Stock. . . . ............... $ Surplus Fund .... Undivided Profits Reserve Funds ... . Due to Banks ...... . Dividends Unpaid .. Cashier's Checks ... Certified Checks .. Demand Deposits ........... . Time Certificates of Deposits. Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers. Bills Payable ............... . Notes and Bills Rediscounted. Other Liabilities.

Total.

....... $

30,000.00 .'i,OOO.OO 7,014.62 none none 1,800.00 5,638.35 834.00
171,299.67 none
100,000.00
none none none none
321,586.64

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

ROSWELL BANK

Roswell, Ga.

As called for by the Superintendent of Banks.

J. H. FOSTER, President.
Date of Charter: 3-11-1901

C. G. WEBB, Cashier.
Began Business: 3-1901

RESOURCES:

Loans and Discounts .............. $ 290,509.57

State of Georgia and Municipal

Bonds owned .................. .

6,486. 97

U. S. Government Securities owned.

12,675.00

Other Stocks and Bonds owned .... .

none

Banking House and Lot .......... .

none

Furniture and Fixtures ........... .

1,104.79

Other Real Estate owned ........ .

none

Cash in Vault and amount due from

approved H.eserYC Agents ....... .

26,987.47

Checks for Clearing and Due from

other Banks................... .

1,041.44

Cash Items..

.. ....... ..

530.46

Overdrafts ...................... .

805.42

Advance on Cotton and other

Commodities ................. .

12,356.20

Customers Liability on Letters of

Credit and Acceptances......... . Profit and Loss .................. .

none none

Other

Resources .................

.- -

507.50
---

Total. ..

............. $ 3.';3 ,004.82

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks................. . Demand Deposits ................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Notes and Bills Hediscounted ..... . Other Liabilities ................. .

Total.

.$

25,000.00 25,000.00 21 ,227. 64
none none none 6,687.36 none 158,709.34 116,380.48 none
none none none none
353,004.82

84

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE FARMERS BANK

Royston, Ga.

As called for by the Superintendent of Banks.

B. H. HOLBROOK, President.
Date of Charter: 7-11-1907

BRANSON JAMES, Cashier.
Began Business: 10-1-1907

HESOURCES:
Loans and Discounts .............. $ State of Georgia and lVIunicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned .. Banking House and Lot .......... . Furniture and Fixtures ..... , ..... . Other Real Estate owned ......... . Cash in Vault. and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ... . Cash Items .................... .
~d~~~::ts ~,{ c~tt~~ ~;,d .o.ther
Commodities ... , .............. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ........... . Other Resources .. .

Total. .......... .

.$

96,318.69
none 16,909.73
666.50 7,650.00 5,443.50 14,937.62
45' 163.00
none none none
none
none 2 ,581. 23
none
189,670.27

LIABILITIES:

Capital Stock ...

.$

Capital Notes.

Surplus Fund

Undivided Profits ..

Reserve Funds ..

Due to Banks .....

Dividends Unpaid

Cashier's Checks ..

Certified Checks ................. .

Demand Deposits................ .

Time Certificates of Deposits ...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers......... .

Bills Payable ............... .

Notes and Bills Hediscounted.

Other Liabilities. . . . .......... .

Total. ........................... $

25,000.00 7,500.00 none none none none 18.00 4,367.31 none
143,637.59 8,033.11 none
none none none 1,114.26
189,670.27

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF RUTLEDGE

Rutledge, Ga.

As called for by the Superintendent of Banks.

R. W. WALI,ACE, President.
Date of Charter: 9-24-1898

W. T. ROBERTS, Cashier.
Began Business: 10-1-1898

RESOUHCES:
Loans and Discounts .............. $ State of Georgia and l\Iunicipal
Bonds owned .................. . U.S. Government Securities owned. Other Stocks and Bonds owned ..... Banking House and Lot .. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... .
~d~~~cadts ~;; c~tt~,; ~;,d 'o"ti:.~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss................ . Other Resources .............. .
Total. ........................... $

59,604.50
4,000.00 1,000.00 12,092.50 1,000.00
679.10 8,692.94
11,486.06
236.98 62.34 none
4,659.52
none none 108.86
103,622.80

LIABILITIES:

Capital Stock.

.$

Capital Notes.

Surplus Fund ....

l:ndivided Profits.

Reserve Funds ... .

Due to Banks ... .

Dividends l:npaid ..

Cashier's Checks .......... .

Certified Checks......... .

Demand Deposits ............ .

Time Certificates of Deposits .. .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable.................... .

Notes and Bills Rediscounted.

Other Liabilities ................. .

Total. ........................... $

25,000.00 7,500.00 5,000.00 3,117.40 500.00 none none 6,855. 88 none
44,453.42 1,800.00 9,396.10
none none none none
103 '622. 80

FIFTEENTH ANNUAL REPORT

85

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF CAMDEN COUNTY

St. Marys, Ga.

As called for by the Superintendent of Banks.

T. B. KEMP, President.
Date of Charter: 9-16-1911

S. E. BRANDON, Cashier.
Began Business: 12-6-1911

RESOURCES:

Loans and Discounts............ , . $

State of Georgia and l\Iunicipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned .... .

Banking House and Lot .......... .

Furniture and Fixtures ........... .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from

other Banks .................. .

Cash Items.

. ........... .

Overdrafts.

. ......... .

Advance on Cotton and other

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances......... .

Profit and Loss.................. .

Other Resources ................. .

Total. ........................... $

28' 664.94
none none none 3,500.00 2,500.00 150.00
14,232.21
994.79 none none
none
none none none
50,041.94

LIABILITIES:
Capital Stock. . ............... $ Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks . . . . ..... . Certified Checks................. . Demand Deposits................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers.... . Bills Payable ............... . Notes and Bills Rediscounted. Other Liabilities ............ .
Total. ....................... .$

15,000.00 3,000.00 57.59 none none none none none
19 '953. 84 300.00
11 '730. 51
none none none none
50,041.94

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF SASSER

Sasser, Ga.

As called for by the Superintendent of Banks.

T. E. MILLER, President.
Date of Charter: 1-15-1905

B. H. HILL, Cashier.
Began Business: 1905

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources ................. .
Total. ........................... $

97,953.05
none 21,200.00
1 '750.00 2,000.00 1,800.00 1,500.00
39 '705. 52
61.10 10.76 none
none
none none 143.50
166,123.93

LIABILITIES:

Capital Stock. . ............... $

Surplus Fund ................. .

Undivided Profits ................ .

Reserve Funds. . .

. ........ .

Due to Banks ................... .

Dividends Unpaid ............... .

Cashier's Checks................. .

Certified Checks................. .

Demand Deposits................ .

Time Certificates of Deposits...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers......... .

B'lls Payable .................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. .

Total. ........... . .. $

25,000.00 32,500.00
2,034.92 none none none
56.85 none
98 '795. 37 1 '736. 79 none
none 6,000.00
none none
166,123.93

86

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

ATLANTIC SAVINGS AND TRUST COMPANY

SaYannah, Ga.

As called for by the Superintendent of Banks.

JAMES M. ROGERS, President.
Date of Charter: 11-6-1933

JAMES E. CAROLAN, Vice-Pres. & Treas.
Began Business: 11-6-1933

RESOURCES:
Loans and Dis('ounts. . . . . . . . . . $ State of Georgia and :\lunicipal
Bonds owned.. . . . . . . . . . . . . .. TJ. S. GovPrnmf'nt Securities owned. Other Stocks and Bonds owned. Banking House and Lot . Furniture and Fixtures ... Other Real Estate owned. . . . . . . . . Cash in Yault and amount due
from apprOYf'd Reserve Agents ... Cheeks for Clearing and Due from
other Banks. Cash Items.
~d~r~~c~fts ~~- . c~tton .. a~d' . 'ath~~
Commodities........ . . . . . Customers Liabii:ty on Letters of
Credit and Acceptances. Profit and Loss. Other Resources.

669' Ill. 46
402.30 197 '286. 21
none none 1,511.88 76,841.36
105,860.24
none none none
none
none none 1 '703. 19

Total.

.$ 1,052, 716.64

LIABILITIES:

Capital Stock.

$

Surplus Fund . , ....

l.:ndivided Profits ..

Reserve Funds ..

Due to Banks .....

Dividends Vnpaid.

CashiPr's Checks.

Certified Checks ..

Demand Deposits ........... .

Time CPrtificatcs of Deposits.

Savings Deposits. . . . . . . . . . . . . ...

Le-tters of Credit and Acceptance-s

exPcuted for Customers.

B:lls Payable .............. .

N otPs and BiJls Rediscounted.

Other Liabilities.

50,000.00 50,000.00 64,022.63
14B.50 none none none
374.03 none
464' 187.23 423,984.25
none none none none

Total.

.s 1 '0;)2 '716. 64

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS BANK & TRUST CO.

Savannah, Ga.

As called for by the Superintendent of Banks.

GEORGE H. SMITH, President.
Date of Charter: 5-22-1906

PXCL T. JONES, Vice-Pres. & Cashier. Began Business: 6-1-1906

RESOURCES:

Loans and Discounts .............. $ State of Georgia and ~Iunicipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Storks and Bonds owned ..

Banking House and Lot.

Furniture and Fixtures ..

Other Real Estate owned. . . . ....

Cash in Vault and amount due from

approved Reserve Agents. . . .

Checks for Clearing and Due from

other Banks.

Cash Items

~d~~~~",fts ~;, Cotton .. ~~d ~th~~

Commodities... Customers Liability

.

.......... on Letters

.

~f

Credit and Acceptances.

Profit and Loss ...

Other Resources.

68B,537.23
none 267,411.95
30' 501.00 150' 000.00
2,300.00 66,401.23
380,897.94
35,065.58 2' 198.85 449.09
none
none none 6' !54. 59

Total.

$ I ,629,917.46

LIABILITIES:

Capital Stock . . .

. .$

Capital Notes.

Surplus Fund

Undivided Profits.

Reserve Funds .

Due to Banks .....

Dividends Unpaid.

Cashier's Checks.

Certified Chceks ..

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits . . . . . . . . . . . . .

Letters of Cndit and Arceptances

executed for Customers.

Bills Payable ............... .

)Iotcs and Bills Rediscounted.

Other Liabilities.

200,000.00 150,000.00
50,000.00 12,589.25
5,189.01 124 '784. 99
647.50 3,141.33
940.14 657' 816.26
32,000.00 392' 375.86
none none none 433.12

Total.

$ 1 '629 '917. 46

FIFTEENTH ANNUAL REPORT

87

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

GEORGIA STATE SAVINGS ASSOCIATION

Savannah, Ga.

As called for by the Superintendent of Banks.

HENRY BLUN,

s. B. LAFAR,

President.

Asst. Sec. & Treas.

Date of Charter: 7-29-1909

Began Business: 8-4-1909

RESOURCES:

Loans and Discounts. . ........... $ 3, 152,297.92

State of Georgia and ~I unicipal

Bonds owned .................. .

none

U. S. Government Securities owned

770,215.83

Other Stocks and Bonds owned.

548,599.51

Banking House and Lot .

115,000.00

Furniture and FixturPs ..

1.00

Other Real Estate owned ......... . 519,116.72

Cash in Vault and amount due from

approved Reserye Agents. . . . . . . 402,266.87

Checks for Clearing and Due from

other Banks.

5,925.23

Cash Items.

none

Overdrafts. Advance on

Cotton .. ~~d.

other

none

Commodities .............. .

none

Customers Liability on Letters of

Credit and Acceptances .....

none

Profit and Loss. .

none

Other Resources.

12,510.98

Total.

. . $ 5,525, 9~4. 06

LIABILITIES:

Capital Stock. . . .

. .... $ 325,000.00

Surplus Fund ....

325,000.00

Undivided Profits.

52,524.30

Reserve Funds.

145.983.25

Due to Banks .... .

none

Dividends Unpaid .. .

30.00

Cashier's Checks.... .

none

Certified Checks ... .

none

Demand Deposits ........... .

none

Time Certificates of Deposits.

2,305,612.30

Savings Deposits. . . . . . . . . . ..... 2,320,021.33

Letters of Credit and Acceptances

executed for Customers.

none

Bills Payable. . . . . . . . ...... .

none

Notes and Bills Rediscounted ..

none

Other Liabilities ..

51,762.88

Total. ....

. $ 5, 52.5 ,934. 06

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

SAVANNAH BANK & TRUST COMPANY

Savannah, Ga.

As called for by the Superintendent of Banks.

JNO. J. CORNELL, President.
Date of Charter: 3-4-1869

J. H. THOMPSON, Cashier.
Began Business: 7-1-1869

RESOURCES:

Loans and Discounts. . ........... $ 2,068, 705.15

State of Georgia and 1Iunicipal

Bonds owned .................. .

20,848.04

U. S. Government Securities owned.

G9, 884.62

Other Stoeks and Bonds owned.

109,607.73

Banking House and Lot ..

541,831.45

Furniture and :Fixtures .. .

none

Other Real Estate owned ......... . 255,737.96

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents .. and Due.

ir~;;,

570,535.81

other Banks. . .

. ......... .

68,119.41

Cash Items....

. .......... .

8,514.46

Overdrafts. Advance on

Cotton .. ~~d other

1, 196.95

Commodities ................ .

none

Customers Liability on Letters of

Credit and Acceptances.

14,000.00

Profit and Loss ...

none

Other Resources.

none

Total. ....

.. $ 3, 729,041.58

LIABILITIES:

Capital Stock. .

. ... $ 3.'50, 000. 00

Capital "otes.

350,000.00

Surplus Fund ..... .

100,000.00

Undivided Profits .. ,

11,711. 14

Reserve Funds .

80,000.00

Due to Banks .....

284,010.75

Dividends Unpaid.

none

Cashier's Checks ...

134,354.24

Certified Checks ..

4,251.2!

Demand Deposits .......... .

1,420,491.11

Time Certificates of Deposits.

47,061.74

Savings Deposits. . . . . . . . . . . . . . .. 933,161.36

Letters of Credlt and Acceptances

execute-d for Customers .. .

14,000.00

Bills Payable.... . . . . . . ...... .

none

"otes and Bills Rediscounted ..

none

Other Liabilities.

none

Total.

.... $ 3, 729 ,041. 58

88

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS & MERCHANTS BANK

Senoia, Ga.

As called for by the Superintendent of Banks.

R. L. HARDY, President.
Date of Charter: 3-2-1874

R. W. FREEMAN, Cashier.
Began Business: 1889

RESOURCES:

Loans and Discounts. . . . . . . . . .... $ State of Georgia and ~Iunicipal
Bonds owned. . . . . . . . . . . ...... . V. S. Government Securities owned. Other Stocks and Bonds owned Banking House and Lot .......... } Furniture and Fixtures .. . Other Real Estate owned ......... .
Cash in Vault and amount due from approved Reserve Agents.
Checks for Clearing and Due from
other Banks .. . Cash Items ........ .
~d~~'!;'~~t\;,: c~tt~,; and ;,ti1e~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances .... Profit and Loss .. Other Resources.

Total. ....

......... $

176,147.30
none 12,525.00 16,720.00
1,400.00
17,336.19
23,550.57
none 12.25 68.69
2,294.84
none none 655.65
250,710.49

LIABILITIES:

Capital Stock.

. ....... $

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds ... .

Due to Banks ..... .

Dividends Unpaid.

Cashier's Cherks.

Certified Checks ..

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . ...... .

Letters of Credit and Acceptances

executed for Customers .... .

Bills Payable ................. .

~otes and Bills Redisrounted ... .

Other Liabilities.

Total.

.$

50,000.00 20,000.00
2' 111. 2;3 none none
144.00 6,611.92
none 92,766.52 54,076.80
none
none 25,000.00
none none
250,710.49

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS BANK

Shady Dale, Ga.

As called for by the Superintendent of Banks.

J. H. YOUNG, President.
Date of Charter: 2-6-1920

0. H. BANKS, Cashier.
Began Business: 4-12-1920

RESOURCES:
Loans and Discounts .............. $ State of Georgia and i\lunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents. Checks for Clearing and Due from
other Banks. Cash Items ..... .
~d~a'!;'~~ts ;,;, Cotton .. ~;,d other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss ..... Other Resources ..
Total.,........... . ............ $

56,018.47
none 1,025.00
195.00 none
3,500.00 4,099.57
9,971.79
none none none
none
none none 147.82
74,957.65

LIABILITIES:

Capital Stock....

. ....... $

Surplus Fund . .

Undivided Profits .. .

Reserve Funds ..... .

Due to Banks ....... .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks ..

Demand Deposits .

Time Certificates of Deposits ...

Savings Deposits. . . . . . . . . . . . . . .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities .......... .

Total. ...... .

............... $

20,000.00 none
645.35 none none none
7,316.60 none
21,055.30 6,012.12 none
none 19,928.28
none none
74,957.65

FIFTEENTH ANNUAL REPORT

89

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF SHARON

Sharon, Ga.

As called for by the Superintendent of Banks.

.J. W. FALLIN, President.
Date of Charter: 9-29-1904

W. L. KENDRICK, Cashier.
Began Business: 9-1904

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... Banking House and Lot . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks .. Cash Items ....
~d~~'!:'~:ts ~n c~it~~. and o'th~~ Commodities.................. . Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss .. Other Resources.

Total. ....

. .............. $

51,018.62
none 11,000.00
none none 735.00 none
39,042.17
none none 823.44
14,059.81
none none none
116,679.04

LIABILITIES:

Capital Stock .................... $

Surplus Fund .................. .

Undivided Profits.............. .

Reserve Funds ......... .

Due to Banks. .

..... .

Dividends Unpaid ............ .

Cashier's Checks ..... .

Certified Checks... .

Demand Deposits ................ .

Time Certificates of Deposits .... .

Savings Deposits. . . . . . . . . . . . ... .

Letters of Credit and Acceptances

executed for Customers ... .

Bills Payable.................... .

Notes and Bills Rediscounted .... .

Other Liabilities ........... .

Total. ....... .

........... $

15,000.00 23,000.00
1,071.23 none none none
431.70 none
56,678.61 20,497.50
none
none none none none
116,679.0!

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF SILOAM

Siloam, Ga.

As called for by the Superintendent of Banks.

.JAS. B. DOLVIN,

w. M. REYNOLDS,

President.

Cashier.

Date of Charter: 10-18-1904

Began Business: 9-1904

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned .. Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ... . Cash Items ... .
~d~~~ca1ts ~;.; C~tt~~ and . ~th~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ...... . Profit and Loss. Other Resources.

Total. .....

........ $

43,014.96
none none none 2,500.00 1,500.00 6,149.05
14,477.21
13,307.00 none 47.87
none
none none 96.68
81,092.77

LIABILITIES:

Capital Stock. . . .

. .... $

Surplus Fund ....... .

Undivided Profits .... .

Reserve Funds.

Due to Banks. . .... .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks... .

Demand Deposits ................ .

Time Certificates of Deposits..... .

Savings Deposits . . . . ............ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities ............ .

Total. ........ .

.$

15,000.00 10,000.00
3,508. 74 1,000.00
none 39.40 none none 51,544.63 none none
none none none none
81,092.77

90

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

SOCIAL CIRCLE BANK

Social Circle, Ga.

As called for by the Superintendent of Banks.

"\Y. B. SPEARMAN, President.
Date of Charter: 12~31~1923

W. S. McKIBBEN, Cashier.
Began Business: 3~8-1924

RESOURCES:

Loans and Discounts .............. $

State of Georgia and l\Iunicipal Bonds owned. . . . . . . .......... .

U. S. Government Securities owned.

Other Storks and Bonds owned ...

Banking House and Lot .... .

Furniture and Fixtures .. .

Other Real Estate owned ......... .

Cash in Vault and anwunt due from

approved Checks for

Reserve Clearing

Agents .. and Due.

fr~~~

other Banks ..... .
Cash Items ........ .
~d~ad;~!ts on c~tt~~ ~;,d. ~th~~

Commodities ................ . Customers Liability on Letters of
Credit and Acceptances .... . Profit and Loss ........... .

Other Resources.

Total. .............. . ......... $

124,229.23
10,806.60 10,000.00
6, 110.98 3,400.00 2,000.00
none
38,139.82
none none 60.56
13,816.87
none none none
208,564.06

LIABILITIES:
Capital Stock. . . .............. $ Surplus Fund .... Undivided Profits .. Reserve Funds .. . Due to Banks .... . Dividends l.:npaid Cashier's Checks ..... Certified Checks .. Demand DepoRits ......... . Time Certificates of Deposits. Savings Deposits. . . . . . . . . ...... . Letters of Credit and Acceptances
executed for Customers .. . Bills Payable .............. . Notes and Bills Rediscounted Other Liabilities. . ............ .

Total. ....

............ $

25,000.00 3,750.00 82.49 none none 1,500.00 3 ,920. 93 6,024.88
139.838,21 7,238.58
21,208.94
none none none none
208,564.06

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF SOPERTON

Soperton, Ga.

As called for by the Superintendent of Banks.

J. B. O'CONNER, President.
Date of Charter: 6~16~1906

J. E. HALL, Cashier.
Began Business: 6~1903

RESOURCES:

Loans and Discounts .............. $

State of Georgia and l\Iunicipal

Bonds owned. . . .

U.S. Government Securities owned.

Other Storks and Bonds owned.

Banking House and Lot ..

Furniture and Fixtures ...

Other Real Estate owned. . ...... .

Cash in Vault and amount due from

approved Reserve Agents.

Checks for Clearing and Due from

other Banks.

. ........ .

Cash Items ..

~d~~::ts",;., Cotton and . ~th~~

Commodities ................ .

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss ...

Other Resources.

Total. ..

........... $

294,920.99
5,128.40 36,567.30
2,200.00 14,000.00
4,690.00 26,967.41
36,901.01
none 203.89 110.74
9,664.30
none none 2,240.86
433,594.90

LIABILITIES:
Capital Stork .................... $ Capital ~otes .. Surplus Fund ..... . Undivided Profits .. . Re-serve Funds . Due to Banks ..... Dividends Unpaid Cashier's Checks .. Certified Checks .. . Demand Deposits ........... . Time Certificates of Deposits. Savings Deposits. . . . . . . . . . . . . . . . Letters of Credit and Acceptances
exeeuted for Customers. Bills Payable................ . Notes and Bills Rediscounted .. Other Liabilities.
Total. ........................... $

25,000.00 35,000.00 10,000.00
1,978.84 none none none
440.77 none
!59, 184.99 69,832.72 12,998.42
none 112,259.16
none 6, 900.00
433,594.90

FIFTEENTH ANNUAL REPORT

91

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE EXCHANGE BANK OF SPRINGFIELD

Springfield, Ga.

As called for by the Superintendent of Banks.

J. W. TEBEAU, President.
Date of Charter: 12-31-1907

J. M. MARCHMAN, Cashier.
Began Business: 1-1-1908

RESOURCES:

Loans and Discounts .. , . . . . . . . . . $

State of Georgia and l\1unicipal

Bonds owned ................. .

U. S. Government Securities owned.

Other Stocks and Bonds owned .... .

Banking House and Lot .......... .

Furniture and Fixtures ........... .

Other Real Estate owned ......... .

Cash in Yault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from

other Banks.

. ............ .

Cash Items ..................... .

Overdrafts ...................... .

Advance on Cotton and other

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances......... .

Profit and Loss.................. .

Other Resources ............. .

Total. ........................... $

94 '180.32
none 10,500.00
none 2,800.00 1,000.00
none
51 ,454. 38
none none none
none
none none none
159,934.70

LIABILITIES:

Capital Stork. . .

.$

Surplus Fund. . .

Undivided Profits ..

Reserve Funds.

Due to Banks ..... .

Dividends Unpaid.

Cashier's Checks .. .

Certified Checks .. .

Demand Deposits ........... .

Time Certificates of Deposits ..

Savings Deposits ................ .

Letters of Credit and Acceptar,.ccs

executed for Customers...... .

Bills Payable .................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. .

Total. ........................... $

15,000.00 7,500.00 1,138.12 none none none 1,174.22 none
94 '704.87 9 ,491. 07
30,926.42
none none none none
159,934.70

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF STAPLETON

Stapleton, Ga.

As called for by the Superintendent of Banks.

J. C. KILGORE, President.
Date of Charter: 9-24-1906

J. C. KILGORE, Cashier.
Began Business: 1906

RESOURCES:

Loans and Discounts.............. $ State of Georgia and Municipal

Bonds owned.................. . U. S. Govcrnmen t Securi ties owned.

Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Heal Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from,

other Banks............... .

Cash Items.

.. .............. .

~d~~c;:-::ts ~~ c~tt~~ .. ~~d. other

Commodities.................. . Customers Liability on Letters of

Credit and Acceptances......... .

Profit and Loss .................. .

Other Resources ................. .

Total. ...... .

............. $

37,069.09
none 4,000.00
none 2,400.00 2,600.00 3,509.00
40,074.34
none none 36.14
none
none none 720.86
90,409.43

LIABILITIES:
Capital Stock. . ............... $ Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks......... . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers ......... . Bills Payable .................... . Kotes and Bills Hediscounted ..... . Other Liabilities ................. .

Total. ................... .

.$

15,000.00 4,000.00 50.80 none none none 8.66 none
63 '148. 97 8 ,201. 00 none
none none none none
90,409.43

92

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BULLOCH COUNTY BANK

Statesboro, Ga.

As called for by the Superintendent of Banks.

S. W. LEWIS,

w. L. DEJARNETTE,

President.

Cashier.

Date of Charter: 1-19-1934

Began Business: 4-14-1934

RESOURCES:
Loans and Discounts.............. $ State of Georgia and ~I unicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources ................. .
Total. ........................... $

68,849.05
none 19,800.00
none 20,000.00
5,185.00 none
138' 100.59
3,816.13 none none
203,014.08
none none 520.11
459,284.96

LIABILITIES:
Capital Stock .................... $ Capital Notes ................... . Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks ................. . Certified Checks ................. . Demand Deposits................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

50,000.00 50,000.00
6,835.00 6,173.34
none none none 17,245.94 none 276,309.99 52' 720.69 none
none none none none
459,284.96

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

SEA ISLAND BANK

Statesboro, Ga.

As called for by the Superintendent of Banks.

C. P. OLLIFF, President.
Date of Charter: 3-11-1901

C. B. McALLISTER, Cashier.
Began Business: 1901

RESOURCES:

Loans and Discounts.............. $ 407,257.75

State of Georgia and Th1unicipal

Bonds owned .................. .

none

U. S. Government Securities owned.

50,175.00

Other Stocks and Bonds owned .... .

2,582.00

Banking House and Lot .......... .

30,000.00

Furniture and Fixtures ........... .

3,500.00

Other Real Estate owned ......... .

17,616.27

Cash in Vault and amount due from

approved Reserve Agents ....... . 116 '792. 00

Checks for Clearing and Due from

other Banks .................. .

3,643.85

Cash Items ..................... .

none

Overdrafts ........... .

none

Advance on Cotton and other

Commodities .................. .

1,610.72

Customers Liability on Letters of

Credit and Acceptances......... .

none

Profit and Loss .................. .

none

- - - - - Other Resources ................. .

none

Total. ........................... $ 633' 177.59

LIABILITIES:
Capital f:ltock . . . . . . . . . . . . . . . . . . . . $ Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks ................. . Certified Checks ................. . Demand Deposits ................ . Time Certificates of Deposits...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total ............................ $

50,000.00 none
17,912.17 405.23 none none
29,007.54 none
406,241.36 129,611.29
none
none none none none
633 '177. 59

FIFTEENTH ANNUAL REPORT

93

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CHATTOOGA COUNTY BANK

Summerville, Ga.

As called for by the Superintendent of Banks.

JNO. D. TAYLOR, President.
Date of Charter: 11-25-1905

B. W. FARRAR, Cashier.
Began Business: 1-1-1906

RESOURCES:
Loans and Discounts.............. $ State of Georgia and :\Iunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ..... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss .................. . Other Resources ............. .
Total. ............. ... .$

142,783.77
none 14,000.00
5,000.00 5,000.00 5,000.00 20,985.51
21,754.31 none
5,109.67 none none
11,707.40
none none none
231,340.66

LIABILITIES:

Capital Stock .................... $

Capital Notes.

. ........ .

Surplus Fund ................... .

Undivided Profits................ .

Reserve Funds .................. .

Due to Banks ................... .

Dividends Unpaid ............... .

Cashier's Checks................. .

Certified Checks ................. .

Demand Deposits................ .

Time Certificates of Deposits...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers......... .

Bills Payable .................... .

Notes and Bills Rediscounted ..... .

Other Liabilities ................. ,

Total. ........................... $

30,000.00 45,000.00
none 3 ,076. 44
none none none 835.68 none 79,002.03 15,893.21 48,010.75
none 9,522.55
none none
231,340.66

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

FARMERS & MERCHANTS BANK

Summerville, Ga.

As called for by the Superintendent of Banks.

N. B. MURPHY, President.
Date of.. Charter: 2-5-1926

D. L. McWHORTER, Cashier.
Began Business: 2-6-1926

RESOURCES:

Loans and Discounts .............. $ State of Georgia and 1Iunicipal

Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned ..

Banking House and Lot . Furniture and Fixtures .. .

. ... }

Other Real Estate owned ......... . Cash in Vault and amount due
from approved Reserve Agents ... Checks for Clearing and Due from

other Banks.

Cash Items ....
~d~~~ca:ts ~n c~tt~~ ~;,d ~~h~~

Commodities. . . . . . . . . . . . . . . . . . Customers Liability on Letters of

Credit and Acceptances ....

Profit and Loss .... Other Resources.

Total. ....... .

... $

117,250.56
, none 45,574.38
none 7,500.00
4,740.00
109,159.92
2,585.25 none none
none
none none none
286,810.11

LIABILITIES:
Capital Stock. . . . . . . . . . . . . . ... $ Surplus Fund ..... . Undivided Profits .. . Reserve Funds .. Due to Banks. . ... Dividends Unpaid .. Cashier's Checks. Certified Checks ... . Demand Deposits ................ . Time Certificates of Deposits ... , .. . Savings Deposits . . . . ............ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .

Total. ....

. ................ $

25,000.00 3,577.00 5,796.84 762.00 none none 1,789.51 none
189,290.83 60,593.93 none
none none none none
286,810.11

94

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE CENTRAL BANK

Swainsboro, Ga.

As called for by the Superintendent of Banks.

R. A. FLANDERS, President.
Date of Charter: 9-27-1920

W. W. FLANDERS, Cashier.
Began Business: 11-9-1920

RESOURCES:
Loans and Dis~ounts .............. $ State of Georgia and niunicipal
Bonds owned. . . . . . . . . . . . . . . .. U. S. Government Securities ownf'd. Other Stocks and Bond8 o\vned. Banking House and Lot. Furniture and Fixtures ... Other Real Estate owned . . . . . . . . . Cash in Yault and amount due from
approved Res<'rve Agent:". . . . . . . Checks for Clearing and Due from
other Banks .. Cash Items.
~d~~~ca:ts ~n . C~tto~ .. ~;.d. . 'ath~~
Commodities. . . . . . . ......... . Customers Liability on Letters of
Credit and Acceptance8. Profit and Loss ... Other Resources.

Total. ......... .

.$

61.675.3~
none 17,725.00
1,200.00 none
2,400.00 4,452.00
38' 129.45
3,914.87 721.40 none
210,08.5.66
none none 326.56
340,630.32

LIABILITIES:

Capital Stock.

. ... $

Surplus Fund .....

Undivided ProfitR ..

Reserve Funds ..

Due to Hanks . . . . . .

Dividends Unpaid.

Cashier's Check:;.

Certified Checks ..

Demand Deposits. . . . . . . . . . .

Time Certificates of Deposits.

Savings Deposits. . . ............ .

Letters of Credit and AC'ceptances

executed for Customers.

Bills Payable ............... .

N otcs and Bills Rediscounted.

Other Liabilities.

Total.

$

25,000.00 15,000.00
2,914.94 none none none
453.17 none
175,219.95 10,872.26 none
none 111,000.00
none 170.00
340 '6:JO. 32

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE CITIZENS BANK OF SWAINSBORO

Swainsboro, Ga.

As called for by the Superintendent of Banks.

J. R. COLEMAN, President.
Date of Charter: 11-10-1900

OTIS G. PRICE, Cashier.
Began Business: 1900

RESOURCES:

Loans and Discounts .............. $ State- of Georgia and l\Iunif"ipal
Bonds owned. . . . . . . . . . . . ..... U. S. Government Securities owned. Othe-r Stof'ks and Bonds owned. Banking House and Lot . Furniture and Fixtures .. . Other Real EstatP owned ......... . Cash in Vault and amount due frotn
approvPd Rese-rve- Agents. . . .... Chef"ks for ClParing and Due from
other Banks. Cash Items. Overdrafts ......... . Advance on Cotton and other
Commodities. . . . . . . . . . . . . Customers Liability on Letters of
Credit and Acceptances ..
Profit and Loss .. Other Resources.

Total. ........... .

. .$

44.5. 449. 38
g, 132.78 44,873.:J2
none none 2,000.00 52,990.69
42,730.11
1,535.60 1,101.31
none
none
none none 703.82
GOO ,517.01

LIAB ILlTIES:

Capital Sto<k.

. ............. $

Surplus Fund .....

Undivided Profits.

RcsCITC Funds .

Due to Banks ..... .

Dividends rnpaid.

Cashier's Checks.

Certified Checks.

Deruand Deposits

..

Time Certificatcs of Deposits.

Savini!S Deposits. . . ............ .

Letters of Cndit and A('CC'ptances

PxPcuted for Customers.

Bills Payable ................ .

~otPs and Rills Rf'discountcd.

Other LiabilitiC's ..

Total.

25,000.00 42,500.00
1.oo:J.s2 2' 117.34
none 5,000.00 4' 168.77
none 267,209. 7S 233,517.30
none
none 20,000.00
none none
600 ,;)17. 01

FIFTEENTH ANNUAL REPORT

95

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE EXCHANGE BANK

Sycamore, Ga.

As called for by the Superintendent of Banks.

0. W. SMITH, President.
Date of Charter: 3-18-1918

JOHN A. SMITH, Cashier.
Began Business: 3-18-1918

RESOURCES:

Loans and Discounts .............. $ State of Georgia and .:\Iunicipal
Bonds owned. . . . . . . . . . . . ..... "C. S. Government Sc~urities owned. Other Stocks and Bonds owned. Banking House and Lot. Furniture and Fixtures .. . Other Real Estate owned .... . Cash in Vault and amount due from
approved Reserve Agents. Cheeks for Clearing and Due from
other Banks ... Cash Items.
~d~~~::ts ~~- . (;;,it~~ .. ~;,d oth~~
Commodities .............. . Customers Liability on Letters of
Credit and Acceptances.
Profit and Loss. . Other Resources.

Total. ......

... $

4,398.31
none none none 3,500.00 2, 745.00 2,307.71
31,744.60
none none none
none
none 431.87
none
4.'), 127.49

LIABILITIES:

Capital Stock .

. ..... $

Surplus Fund .....

Undivided Profits.

RPscrve Funds .

Due to Banks .... .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks .... .

Demand Deposits ........... .

Time Certificates of Deposits ..

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ...

Bills Payable. . . . . . . . . . . . . . .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ....

...... $

15,000.00 none none none none none 22.41 none
22,776.56 7,328.52 none
none none none none
45,127.49

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF SCREVEN COUNTY

Sylvania, Ga.

As called for by the Superintendent of Banks.

J. A. MILLS, President.
Date of ChartP.r: 4-10-1911

JOHN A. MILLS, JR., Cashier.
Began Business: 5-1-1911

RESOURCES:

Loans and Discounts. . . . . ........ $

State of Georgia and l\Iunicipal

Bonds owned. . . . . . . . ......... .

U S. Government Securities O\vned.

Other Stocks and Bonds owned.

Banking House and Lot.

Furniture and Fixtures ... Other Real Estate owned. . . . . . . .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agf'nts ... and Due.

fro~

other Banks .. .

Cash Items ... .
~d~~~ca:ts ~;, c~tt~~ ~;,d ~th~~

Com modities ................ .

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss.

Other Resources.

Total. ..... .

. . .$

579,557.74
26,527.86 32,175.00
none none 3,000.00 7,800.00
82,095.80
812.13 111.36
none
none
none none 2, 720.79
734,800.68

LIABILITIES:

Capital Stock.

. ..... $

Capital Notes.

Surplus Fund ...... .

Undivided Profits .. .

Reserve Funds ..

Due to Banks .... .

Dividends Unpaid .. .

Cashier's Checks ... .

Certified Cheeks ..

Demand Deposits.... . . . . . .

Time CertificatPs of Deposits.

Savings Dcposits . . . . . . . . . . . . . . . .

Letters of Credit and Acceptances

executed for Customers .... .

Bills Payable ................ .

Notes and Bills Rediscounted .. .

Other Liabilities.

Total .

. ..... $

50,000.00 25,000.00 10,000.00 21,268 0 52
none none 3,000.00 16,524.14 none 331,295.06 118,634.62 43,978.34
none 115,000.00
none none
734,800.68

96

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

SYLVESTER BANKING .COMPANY

Sylvester, Ga.

As called for by the Superintendent of Banks.

T. C. JEFFORDS, President.
Date of Charter: 7-5-1898

J. H. WESTBERRY, SR., Cashier.
Began Business: 7-1898

RESOURCES:
Loans and Discounts. . . . . . . . . .... $ State of Georgia and :\iunicipal
Bonds owned .................. . U.S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. . Furniture and Fixtures .... . Other Real Estate owned ......... . Cash in Yault and amount due
from approved Reserve Agents ... Checks for Clearing and Due from
other Banks ............ . Cash Items ...
~d~:');~:ts ~~ c~ti~~ and oth~~
Commodities........... . ... Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss .. Other Resources.

Total. ..

. . . . .$

206 '124.14
6,000.00 30,250.00
2,000.00 6,000.00 2,500.00
none
170,288.46
none none none
4,924.14
none none 614.27
428,701.01

LIABILITIES:

Capital Stock ..... .

..... $

Surplus Fund ..... .

Undivided Profits.

Reserve Funds .. .

Due to Banks .... .

Dividends Unpaid ..

Cashier's Checks ... .

Certified Checks .... .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ................ .

Notes and Bills Rediscounted.

Other Liabilities ................. .

50,000.00 25,000.00
5 ,506. 79 2' 173.39
none none 3,512.99 none 292,555.09 49,952.75 none
none none none none

TotaL ....

....... $ 428,701.01

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE PEOPLES BANK

Talbotton, Ga.

As called for by the Superintendent of Banks.

R. K. PERSONS, President.
Date of Charter: 12-3-1890

FANNIE MAHONE, Cashier.
Began Business: 1-13-1891

RESOURCES:

Loans and Discounts .............. $

State of Georgia and Municipal

Bonds owned.................. .

U.S. GovPrnmcnt Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot ..

Furniture and Fixtures .. .

Other Real Estate owned ......... .

Cash in Yault and amount due from

approved Checks for

Reserve Agents ... Clearing and Due.

fr~;,;

other 'ilanks ....

Cash Items ..

~d~:');~:ts ~; c~ti~~. and ~the~

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss ...

Other Resources.

Total. ...... .

.$

5H,673.95
none 57,500.00
none 4,063.27 1,402.25 1,162.21
45,933.14
798.76 128.69
none
none
none none 181.44
169,843.71

LIABILITIES:

Capital Stock. .

. .... $

Surplus Fund ..... .

Undivided Profits ..

Reserve Funds .. .

Due to Banks .... .

Dividends Unpaid

Cashier's Checks ..

Certified Checks ..

Demand Deposits ........... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable.. . . . . . . . . . . .. .

K otes and Bills Rediscounted.

Other Liabilities.

Total. ....

.s

25,000.00 15,000.00
2,827.51 none. none 15.00
646.37 none
75,567.12 50';787. 71
none
none none none none
169,843.71

FIFTEENTH ANNUAL REPORT

97

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF TAYLORSVILLE

Taylorsville, Ga.

As called for by the Superintendent of Banks.

J. I. HARRIS, President.
Date of Charter: 6-5-1905

M.A. PERRY, Cashier.
Began Business: 6-13-1905

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot ... Furniture and Fixtures .. Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ... Checks for Clearing and Due from
other Banks .......... . Cash Items ...
~d~~~~:ts ~n Cotton and o'th~~ cu~~:,n,!~~iti!tility ~;; Leite~~ ;,1
Credit and Acceptances ..... Profit and Loss ... Other Resources ..

Total. ...

..... $

28,958.24
none none none 1,400. 00 2,200.00 550.00
19,210.33
none none none
81,588.83
none none 136.76
134,044.16

LIABILITIES:

Capital Stock.....

.$

Surplus Fund .... .

Undivided Profits ... .

Reserve Funds ..... .

Due to Banks ....... .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks ..

Demand Deposits ................ .

Time Certificates of Deposits ...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable ................ .

Notes and Bills Rediscounted ..

Other Liabilities ....... .

Total. .....

......... $

25,000.00 5,000.00 5,435.09 none none none 1 '731.10 none
46,159.19 8,565.67
11 '153.11
none 31,000.00
none none
134,044.16

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

TENNILLE BANKING CO.

Tennille, Ga.

As called for by the Superintendent of Banks.

J. L. KELLEY, President.
Date of Charter: 4-4-1900

S. D. MANDEVILLE, Cashier.
Began Business: 4-4-1900

RESOURCES:

Loans and Discounts.............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned.
Other Stocks and Bonds owned. Banking House and Lot ... . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items ...
~d~~~~:ts ~;, . c~tt~,; .. ~;,ct . othe~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances .....
Profit and Loss ... Other Resources ..

Total. ..... .

.. .. $

117,184.36
18,582.35 7,400.00 5, 737.50 none 2,300.00 6,928.75
38,367.84
none none none
30,254.39
none none 345.89
227,101.08

LIABILITIES:

Capital Stock. . . . .

. ... $

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds ... .

Due to Banks .... .

Dividends Unpaid .. .

Cashier's Checks .... .

Certified Checks .... .

Demand Deposits............. .

Time CC'rtificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable............... .

Notes and Bills Rediscounted ..

Other Liabilities ....... .

Total. ......... .

. ........ $

30,000.00 6,000.00 7,963.07 5,257.50 none none 545.16 none
120,194.55 42,822.07 14,318.73
none none none none
227,101.08

98

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS AND SOUTHERN BANK

Thomaston, Ga.

As called for by the Superintendent of Banks.

.JAMES R. ATWATER, President.
Date of Charter: 1~16~1926

H. IV. WHEELESS, Cashier.
Began Business: 1~16~1926

RESOURCES:
Loans and Discounts. . . . . . . . . . . . $ Sb.te of Georgia and :\Iunicipal
Bonds owned. . . . . . . . . . . . . ... L. S. Government Securities owned. Other Storks and Bonds owned .. Banking House and Lot. Furniture and Fixtures ... Other Real Estate owned. . . . . . . . . Cash in Vault and amount due from
approved Reserve Agents. Che('ks for Clearing and Due from
other Banks .... Cash Items .
~d~~~~:ts ~n C~tto,; . ~;.d . ~th~~
C)mmodities ............... . C~1stomers Liability on Letters of
Credit and Acf'eptanecs. PrJfit and Loss ... Oth~r R2sources.

452,09l.S8
4,035.88 56,735.64
none 10,000.00
526.28 52,288.24
446,177.98
1,356.75 none none
none
none none 2,286.67

Total.

. $ 1 '026 , 399. ~2

LIABILITIES:

Capital Stock. . .

. ... $

Surplus Fund .....

l:ndivided l'rofits.

Reserve Funds .

Due to Banks. . ...

Dividends Unpaid.

Cashier's Cheeks.

Certified Cheeks.

Demand Deposits ........... .

Time Certifif'atC's of Deposits.

Savings Deposits . . . . . . . . . . . . ....

Letters of Credit and Acceptanrcs

extended for Customers.

Bills Payable. . . . . . . . . . . . ...

Notes and Bills Rediscounted.

Other Liabilities.

100,000.00 25,000.00 7 ,370. 83 1,553.00 none none 2,261.89 3.17
595,865.42 197,677.32
96,667.69
none none none none

Total .

.......... $ I ,026,399.32

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

COMMERCIAL BANK

Thomasville, Ga.

As called for by the Superintendent of Banks.

J. TRUMAN HOLLAND, President.
Date of Charter: 7~3~1916

W. J. MILLER, .JR., Cashier.
Began Business: 7~22~1916

RESOURCES:

Loans and Discounts. . . . . . . . . .... $ State of Georgia and :\Iunicipal
Bonds owned. . . . . . . . . . . ... U. S. Government Securities O\vncd. Other Stocks and Bonds owned. Banking House and Lot .. .
Furniture and Fixtures .. . Other Real Estate owned . . . . . . . .
Cash in Vault and amount due from approved Reserve Agents. . . . . . .
Checks for Clearing and Due from other Banks.
Cash Items ..
~d~~~~:ts ~;, C~tt~,; .. ~;.d . ~th~~
Commodities....... . . . . . . . Customers Liability on Letters of
Credit and Acceptances.
Profit and Loss. Other Resources ...

230 '68tl. 35
11 '121. 32 92,279.17 18,370.14 40,000.00 10,500.00 14,404.00
426,825.78
20, .';08.12 none none
239,538.59
none none 1,878.06

Total. ..... .

. $ 1 , 126, 111. 53

LIABILITIES:

Capital Stock.

. ..... $

Surplus Fund ....

Undivided Profits.

Reserve Funds ............ .

Due to Banks ..... .

Dividends Unpaid.

Cashier's Checks.

Certified Checks .. .

Demand Deposits .............. .

Time Certificates of Deposits ... .

Savings Deposits. . . . . . . . . . . . . ...

Letters of Credit and AcceptanC'es

executed for Customers .. .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities.

50,000.00 20,000.00
3,401. 96 none
5, 081.95 32.00
6.006.44 12.36
791,593.39 7,750.00
242,233.43
none none none none

Total.

............. $ 1, 126, 111.53

FIFTEENTH ANNUAL REPORT

99

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF THOMSON

Thomson, Ga.

As called for by the Superintendent of Banks.

J. E. WILKERSON, President.
Date of Charter: 7-18-1891

E. C. HAWES, Cashier.
Began Business: 7-18-1891

RESOURCES:

Loans and Discounts .............. $ State of Georgia and ~1unicipal
Bonds owned .................. . U. 8. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items .......... .
~d~~~::ts ~n C~tt~~ ~;,_d" oth~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss. Other Resources ..

Total. .................. .

.. $

191.292.65
93 '710 .41 69,687.50 72,212.50 12,000.00 4,500.00 10,993.02
127' 136.72
1,598.83 12.25 29.00
19.00
none none 1,594.80
584 '786. 68

LIABILITIES:

Capital Stock. .

. .$

Surplus Fund ....

Undivided Profits.

Reserve Funds.

Due to Banks ...... .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks.

Demand Deposits ............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .... .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities ............ .

Total. ........................... $

50,000.00 50,000.00 17,772.05 20,000.00
none 4,000.00 6 ,484. 39
none 239,079.07 197,451.17
none
none none none none
584 '786. 68

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF TIFTON

Tifton, Ga.

As called for by the Superintendent of Banks.

E. P. BOWEN, SR., President.
Date of Charter: 10-10-1891

B. H. McLEOD, Vice-Pres. & Cashier. Began Business: 1896

RESOURCES:

Loans and Discounts. . .......... . $ State of Georgia and 1\Iunicipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items.
~d~~~;:ts ~;.. c~ii~~ ~;,x "ath~~ Commodities .................. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ..
Other Resources.

784 '133. 56
none 116,109.40 109,166.67
27,663.35 none
79,352.18
206,262.87
12,231.28 939.69
1 ,025. 39
none
none none 2,090.81

Total. ..... .

.. $ 1,338,975.20

LIABILITIES:

Capital Stock.

. .. $

Surplus Fund ....

Undivided Profits.

Reserve Funds ........... .

Due to Banks. . . . . . ........ .

Div:dends Unpaid .. .

Cashier's Checks ................ .

Certified Checks ..... .

Demand Deposits ............. .

Time Certificates of Deposits .... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable ................ .

Notes and Bills Rediscounted.

Other Liabilities .....

100,000.00 150,000.00
59' 909.60 none
81,055.44 none
5,666. 79 225.00
663,424.83 278' 693.54
none
none none none none

Total.

... $ 1,338,975.20

100

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF TIGNALL

Tignall, Ga.

As called for by the Superintendent of Banks.

C. D. BOLTON, President.
Date of Charter: 7-5-1909

L. D. WARE, Cashier.
Began Business: 8-1909

RESOURCES:
Loans and Discounts .............. S State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned ..... Banking House and Lot ... Furniture and Fixtures .. Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
Other Banks ............. . Cash Items ............. . Overdrafts ...................... . Advances on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ... Other Resources.

Total. ......... .

. ... $

74,150.74
none none 708.68 5,000.00 1,266.25 9,775.00
16,859.27
1,450.00 none none
none
none none none
109,209.94

LIABILITIES:

Capital Stock ... .

...... $

Capital Notes .. .

Surplus Fund .... .

Undivided Profits.

Reserve Funds ..

Due to Banks .....

Dividends Unpaid.

Cashier's Checks ...... .

Certified Checks... .

Demand Deposits ............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable............... .

Notes and Bills Rediscounted.

Other Liabilities ....

Total ...

............... $

25,000.00 10,000.00
none 185.25
none none none 7,233.66 none 51,475.88 15,315.15 none
none none none none
109,209.94

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF TOCCOA

Toccoa, Ga.

As called for by the Superintendent of Banks.

DECEASED, President.
Date of Charter: 8-10-1911

J. H. CURTIS, Cashier.
Began Business: 9-1-1911

RESOURCES:

Loans and Discounts .............. $

State of Georgia and }.funicipal

Bonds owned .................. .

U. 8. Government Securities owned.

Other Stocks and Bonds owned ..

Banking House and Lot.

Furniture and Fixtures .. .

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents ... and DuP-

f~~~~;

other Banks....

Cash Items ...

~d~:~::ts ~n Coit~~ . and ~th~~

Commodities... . . . . . . . . . . . . .

Customers Liability on Letters of

Credit and Acceptances ....

Profit and Loss ..

Other Resources.

Total. ....

.$

137,575.54
none 102,450.00
5,000.00 none
4,000.00 25,000.00
34,514.03
154.48 34.87
none
17,680.04
none none 551.33
326,960.29

LIABILITIES:

Capital Stock. . . . .

.$

Capital Notes ....

Surplus Fund. . . . . . .

Undivided Profits ... .

Reserve Funds .. .

Due to Banks ...... .

Dividends Unpaid .. .

Cashier's Checks .... .

Certified Checks .... .

Demand Deposits .............. .

Time Certificates of Deposits.... .

Savings Deposits. . . . . . . . . . . . . . . .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable .................... .

Notes and Bills Rediscounted .... .

Other Liabilities ..... .

25,000.00 25,000.00
5,000.00 8,301.21
none none none 1,389.61 none 208,913.20
20' 6.51. 50 32 '704. 77
none none none none

Total.

.... $ 326,960.29

FIFTEENTH ANNUAL REPORT

101

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

WILKINSON COUNTY BANK

Toomsboro, Ga.

As called for by the Superintendent of Banks.

F. B. CHAMBERS, President.
Date of Charter: 7-16-1907

H. E. STEPHENS, Cashier.
Began Business: 7-16--1907

RESOURCES:
Loans and Discounts ........._..... $ State of Georgia and :.funicipal
Bon:ffs owned .................. . U. 8. Government Securities owned. Other Stocks and Bonds owned.... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks... , ............... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances......... . Profit and Loss.................. . Other Resources ................. .
Total. ........................... $

85,922.45
none none 2,700.00 none 195.00 26,683.24
32,133.61
170.00 21.13 47.01
none
none none none
147,872.44

LIABILITIES:
Capital Stock .................... $ Capital Notes .. Surplus Fund ................... . Undivided Profits................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks ................. . Certified Checks................. . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total ............................ $

25,000.00 10,000.00
none 5,831.14
none none none 683.75 none 55,214.51 51' 143.04 none
none none none none
147.872.44

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF TRION

Trion, Ga.

As called for by the Superintendent of Banks.

BENJ. D. REIGEL, President.
Date of Charter: 10-16-1912

GRADY W. COLE, Cashier.
Began Business: 12-17-1912

RESOURCES:
Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned .... . Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks................... . Cash Items ..................... . Overdrafts ...................... . Advance on Cotton and other
Commodities.................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss .................. . Other Resources................. .
Total. ........................... $

77' 163.26
none 58,275.00
none none 894.20 5,346.00
99,184.17
none none none
none
none none 8,646.83
249,509.46

LIABILITIES:
Capital Stock .................... $ Surplus Fund ................... . Undivided Profits ................ . Reserve Funds .................. . Due to Banks ................... . Dividends Unpaid ............... . Cashier's Checks................. . Certified Checks ................. . Demand Deposits................ . Time Certificates of Deposits ...... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers......... . Bills Payable .................... . Notes and Bills Rediscounted ..... . Other Liabilities ................. .
Total. ........................... $

25,000.00 15,000.00
8,594. 71 1,303.00
none none 3, 799.92 none 94' 106.77 101,151.31 553.75
none none none none
249,509.46

102

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF TUCKER

Tucker, Ga.

As called for by the Superintendent of Banks.

P. K. BURNS, President.
Date of Charter: 10-29-1919

L. S. BURNS, Cashier.
Began Business: 12-30-1919

RESOURCES:
Loans and Discounts .............. $ State of Georgia and ~1 unicipal
Bonds owned .................. . U. S. GovernmPnt Securities owned. Other Stocks and Bonds ownf'd .. Banking House and Lot .......... . Furniture and Fixtures ........... . Other Real Estate owned ......... . Cash in Yault and amount due from
approved Reserve Agents .... Checks for Clearing and Due from
otlwr Banks................... . Cash Items .............. .
~d~~~~ca:ts ~~- c~tt~~ ;~~~ .o.th~~
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ......... . Profit and Loss .................. . Other Resources. . ......... .

Total. ..... .

.. ........ $

42,224.19
none 1,100.00 2,000.00 2,500.00 1,800.00 1,247.68
19' 170.76
363.16 56.00
191.32
4,860.50
none none 180.00
75,693.61

LIABILITIES:

Capital Stock. .

.$

Capital Notes.

Surplus Fund ........ .

l:ndivided Profits..... .

Reserve Funds .... .

Due to Banks ..... .

Dividends Unpaid. . . ........... .

Cashier's Checks ....

Certified Checks ..

Demand Deposits.............. .

Time Certificates of Deposits .... .

Savings Deposits. . . . ........... .

Letters of Credit and Acceptances

pxecuted for Customers ... .

Bills Payable ................ .

Kotes and Bills Rediscounted ..

Other Liabilities ............. .

Total..

.................. $

15,000.00 7,500.00 1,775.02 894.70 200.00 none none 24.30 none
38,862.87 3,631.65 7,805.07
none none none none
75,693.61

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF UNION POINT

Union Point, Ga.

As called for by the Superintendent of Banks.

H. LAMB, President. Date of Charter: 5-15-1911

R. A. RHODES, Cashier.
Began Business: 5-1911

RESOURCES:

Loans and Discounts .............. $

State of Georgia and l\lunicipal

Bonds owned .................. .

U. S. Government Securities owned.

Other Stocks and Bonds o\vncd .....

Banking House and Lot.

Furniture and Fixtures ........... .

Other Heal Estate owned ......... .

Cash in Yault and amount due from

approved Heserve Agents ....... .

CheckH for Clearing and Due from

othf'r Banks.

. .......... .

Cash Items.

.. .......... .

Overdrafts ................. .

Advances on Cotton and other

Commodities .................. .

Customers Liability on I .etters of

Credit and Acceptances .. .

Profit and Loss.............. .

Other Resources ............. .

Total..

. .............. $

124,421.85
none 3,040.00
none 2,211.00
626.00 15,928.25
34,862.78
366.86 none 2.57
none
none none 193.39
181,652.70

LIABILITIES:

Capital Stork. . . . .

. ....... $

Rurplus Fund ..... .

l:ndivided Profits .. .

Reserve Funds.

Due to Banks ....

Dividends Unpaid ..... .

Cashier's Checks....... .

Certified Checks ..

Demand Deposits ........... .

Time Certificates of Deposits ..

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable ................. .

Kotes and Bills Rediscounted ..... .

Other Liabilities ................. .

Total. ........................... $

25,000.00 25,000.00
214.70 1,000.00
none none 860.68 1,000.00 103,815.59 950.00 8,811.73
none none 15,000.00 none
181 '6.';2. 70

FIFTEENTH ANNUAL REPORT

103

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE FARMERS BANK

Union Point, Ga.

As called for by the Superintendent of Banks.

B. W. BOYD, President.
Date of Charter: 9-6-1911

A. J. STEWART, Cashier.
Began Business: 9-6-1911

RESOURCES:
Loans and Discounts.............. $ State of Georgia and :Municipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned ..... Banking House and Lot .. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from.
approved Reserve Agents .... Checks for Clearing and Due from
other Banks.......... . Cash Items ..................... . Overdrafts................ . Advance on Cotton and other
Commodities .................. . Customers Liability on Letters of
Credit and Acceptances ..... . Profit and Loss....... . Other Resources ....... .

Total................. .

.. $

62,225.17
2,064.80 300.00
8,098.10 3,000.00 1,713.48 9,125.00
21,284.62
1.,639.14 105.90 8.68
none
none none 199.00
109 '763 .89

LIABILITIES:

Capital Stock. . . . . . . . . . . .

.$

Capital Notes ........... .

Surplus Fund .......... .

Undivided Profits......... .

Reserve Funds ................ .

Due to Banks ................... .

Dividends Unpaid ............... .

Cashier's Checks.......... .

Certified Checks .......... .

Demand Deposits................ .

Time Certificates of Deposits...... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities ..... .

Total ................... .

. ... $

15,000.00 12 '500. 00
none Rb9 .15 1,175.00
none none 664.18 none 62,066.47 4,022.43 13,446.66
none none none none
109,763.89

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

ASHLEY TRUST COMPANY

Valdosta, Ga.

As called for by the Superintendent of Banks.

P. C. PENDLETON, President.
Date of Charter: 3-12-1913

G. B. COOK, Vice-Pres.
Began Business: 4-13-1913

RESOURCES:

Loans and Discounts .............. $ State of Georgia and l\Iunicipal
Bonds owned .................. . U. S. Government Securities owned . Other Stocks and Bonds owned.
Banking House and Lot. Furniture and Fixtures .... Other Real Estate owned. . . . . Cash in Vault and amount due
from approved Reserve Agents ...
Checks for Clearing and Due from
other Banks ...
Cash Items ..
~d~:~~:ts ~~ c~tt~,; and. ~th~~
Commodities .................. .
Customers Liability on Letters of Credit and Acceptances
Profit and Loss......... .
Other Resources.

Total. ....

.$

570,851.43
none 36,475.00
none none none 92,575.67
10,019.60
none none none
none
none 13,696.03
3,066.42
726,684.15

LIABILITIES:

Capital Stock. . .

. ...... $

Surplus Fund .....

Undivided Profits ..

Reserve Funds .. .

Due to Banks ....... .

Dividends Unpaid .. .

Cashier's Checks ................. .

Certified Checks ..

Demand Deposits ......... .

Time Certificates of Deposits.

Savings Deposits . . . . . . . . . . . . ....

Letters of Credit and Acceptances

executed for Customers.

Bills Payable... . . . . . . . .....

~otes and Bills Rediscounted.

Other Liabilities ................. .

Total.

................ $

100,000.00 35,000.00 none none none none noue none 2,695.02 none none
none 518,980.98
none 70,008.15
726,684.1.';

104

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

DARBY BANKING CO.

Vidalia, Ga.

As called for by the Superintendent of Banks.

J. F. DARBY, President.
Date of Charter: 6-22-1934

0. C. EIDSON, Cashier.
Began Business: 6-29-1934

RESOURCES:

Loans and Discounts .............. $ State of Georgia and :~vlunicipal

Bonds owned. . . . . . . . . . . . ..... .

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot.

Furniture and Fixtures .. . Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents .. Checks for Clearing and Due from

other Banks ..

Cash Items ...
~d~~~c";;ts ~;, C~tt;~ ~,:,d ~the~

Commodities .................. .

Customers Liability on Letters of

Credit and Acceptances .... .

Profit and Loss.

. ........ .

Other Resources ............ .

Total. ......... .

. . . . .$

56,144.14
3 ,24.5. 23 7,775.00 4,500.00 7,000.00 1,500.00
106.90
21,308,84
1,829.22 none none
138 '704 .00
none none 174.28
242,287.61

LIABILITIES:
Capital Stock .................... $ Capital ="!otes. Surplus Fund Undivided Profits .... Reserve Funds . Due to Banks ..... Dividends Unpaid. Cashier's Checks. Certified Checks .. Demand Deposits ........... . Time Certificates of Deposits. Savings Deposits. . . . . . . . . . . . . . .. Letters of Credit and Acceptances
exeC'uted for Customers. Bills Payable ................. . Notes and Bills Rediscounted .. Other Liabilities.

Total. ....

..... $

25,000.00 10,000.00
3,835.41 1,667.75
none none none 499.73 none 86,332.29 16,833.37 none
none none 98,119.06 none
242,287.61

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS BANK

Vienna, Ga.

As called for by the Superintendent of Banks.

J. B. WALTON, President.
Date of Charter: 6-30-1931

W. G. WILLIAMSON, Cashier.
Began Business: 7-1-1931

RESOURCES:

Loans and Discounts.............. $

State of Georgia and 11unicipal

Bonds owned. . . . . . ........... .

U.S. Government Securities owned.

Other Stocks and Bonds owned .. .

Banking House and Lot ...... .

Furniture and Fixtures ..

Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Checks for

Reserve Clearing

Agents ... and Due.

ir~"a;

other Banks.. . . . ........ .

Cash Items ..

~d~~~::ts ~n Cotton ~,:,d ~the~

Cu~f~~~~iti!biiitY. ~~ "L~tter~ ~f

Credit and Acceptances ... . Profit and Loss ........... .
Other Resources.

Total. ....

. . . .$

140,800.40
4,700.00 12,525.00
none 5,000.00 1,275.00 3,000.00
40,418.70
none none none
17,293.90
none none 101.55
225' 114.55

LIABILITIES:

Capital Stock.

. ......... $

Capital Notes.

. ......... .

Surplus Fund ..... .

Undivided Profits .. .

Reserve Funds ........... .

Due to Banks .... .

Dividends Unpaid.

Cashier's Checks .. .

Certified Checks.......... .

Demand Deposits ............. .

Time Certificates of Deposits ... .

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers ......... .

Bills Payable ............... .

Notes and Bills Rediscounted.

Other Liabilities ...

Total. ............. .

... $

25,000.00 1.5,000.00
1,000.00 537.78 none none none
3,253.16 none
128,390.88 6,932. 73 none
none none 45,000.00 none
225' 114.55

FIFTEENTH ANNUAL REPORT

105

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF VILLA RICA

Villa Rica, Ga.

As called for by the Superintendent of Banks.

S. 0. FIELDER, President.
Date of Charter: 5-4-1899

R. R. RICHARDSON, Cashier.
Began Business: 5-1899

RESOURCES:
Loans and Discounts .............. $ State of Georgia and :.\1unicipal
Bonds owned.................. . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot. Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents. Checks for Clearing and Due from
other Banks.... . Cash Items ... .
. ~d~:'!:'~:ts ~;,_ C~tt~,; ~;,_d ~th~~ Commodities.................. . Customers Liability on Letters of
Crcdit and Acceptances ..... . Profit and Loss .... Other Resources ..

Total. ....

. . . . .$

433,623.06
8, 706.87 50,875.00
none 5,000.00 2,300.00 42,950.00
18,877.19
none 313.17
none
none
none none 249.75
562,895.04

LIABILITIES:

Capital Stock. .

. .$

Surplus Fund ................. .

Undivided Profits .. .

Reserve Funds.

Due to Banks .... .

Dividends Unpaid .. .

Cashier's Checks ... .

Certified Checks ..

Demand Deposits. . . . . . . . . . . . . . .

Time Certificates of Deposits ... .

Savings Deposits. . . . . . . . . . . . ... .

Letters of Credit and Acceptances

executed for Customers ..

Bills Payable ................. .

:'olotes and Bills Rediscounted ..

Other Liabilities.

Total. ....

.$

50,000.00 20,000.00
3,500.00 none none none
2,064.05 none
274,532.41 101 ,477. 87
none
none 111,000.00
none 319.81
562,895.04

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF WADLEY

Wadley, Ga.

As called for by the Superintendent of Banks.

S.C. EVANS, President.
Date of Charter: 1-29-1902

B. A. WATSON, Cashier.
Began Business: 1-1902

RESOURCES:
Loans and Discounts.............. $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks............. . Cash Items .. . Overdrafts. . ..... . Advance on Cotton and other
Commodities.. . . . . . . ......... . Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss .. Other Resources .......... .

Total. ....

. .$

92,635.73
none 4,950.00
none 3,000.00 3,000.00 21 ,262. 90
18,243.73
none none none
162.37
none none none
143,254.73

LIABILITIES:
Capital Stock. . . . . . . . .......... $ Capital Notes ..... . Surplus Fund ..... . Undivided Profits .. . Reserve Funds .. . Due to Banks . . ... . Dividends Unpaid .. . Cashier's Checks .. Certified Checks .... . Demand Deposits ............... . Time Certificates of Deposits ... . Savings Deposits ................ . Letters of Credit and Acceptances
executed for Customers .. Bills Payable................. . Notes and Bills Rediscounted .. Other Liabilities .....

Total. ........ .

.. $

25,000.00 10,000.00
5,000.00 497.93 none none none 482.65 none
56,230.58 9,000.00
12,469.85
none 24,573.72
none none
143,254.73

106

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS BANK

Warrenton, Ga.

As called for by the Superintendent of Banks.

C. R. FITZPATRICK, President.
Date of Charter: 4-14-1902

R. F. FO\YLER. Cashier.
Began Business: 4-1902

RESOURCES:

Loans and Diseounts ............. $ State of Georgia and ~I unicipal
Bonds owned. . . . . . . . . . . . . . . . .. U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot ... . Furniture and Fixtures .. . Other Real Estate owned ...... . Cash in Vault and amount due
from appro.-ed Reserve Agents ..
Checks for Clearing and Due from other Banks ..
Cash Items .
~d~~~~~1ts ~~- ..C~tt~~ .. a~d...o.th~~

Co nmodities.............. Customers Liability on L.:::tters

.

~f

Credit and Acceptanres.

Profit and Loss. . .

Other Resources ..

Total.

.. $

5~6 0 950.42
20,610.38 79,433.88 29,830.00
8,97.5.H 5, 587.40 6,199.73
1.59 '801. 53
none none 663,70
8,620.18
none none none
906,672.66

LIABILITIES:

Capital Stork. . . .

. .. $

Surplus Fund .....

Undivided Profits.

Reserve Funds.

Due to Banks .... .

Dividends lJnpaid ... .

Cashier's Cherks .... .

Certified Checks. .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . . . . .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable. . . . . . . . . . . . . . . . . .

Notes and Bills Rediscounted ..

Other Liabilities ..

Total.

......... $

50,000.00 25,000.00 3ti ,025. 81 11 '726. 77
none 190.00 29,035.25 393.88 754 '300. 95
none none
none none none none
UOtl,G72. 66

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

WASHINGTON LOAN & BANKING CO.

Washington, Ga.

As called for by the Superintendent of Banks.

T. J. BARKSDALE, President.
Date of Charter: 9-7-1891

T. J. BARKSDALE, Cashier.
Began Business: 5-1-1895

RESOURCES:
L0ans and Discounts. . . . . . . . . . .$ State of Georgia and ::\Iunicipal
Bonds o-wned. . . . . . . . . . . . . . U.S. Government Securities owned. Other Stoeks and Bonds owned. Banking House and Lot. Furniture and FixturPs ... Other Real Estate owned. . . . . . . . . Cash in Vault and amount due from
a pprovPd Res(~rye AQ:cn ts. Chef'ks for Clearing and Due from
other Banks .. Cash Items.
~d~,~~::ts ~n Cotton .. a~d . ~tilC~
Commodities ............. . Customers Liability on Letters of
Credit and Aceeptanees .. Profit and Loss. . Other Resources.

Total.

.. $

49;),34-!.13
171,815.57 60,000.00 24,000.00 none 4,885.00 5 ,000. 00
71,040.02
200.00 48ti.47
27.02
none
none none none
R38,798.21

LIABILITIES:

Capital Stoek. .

. ... $

Surplus Fund

Undivided Profits.

Reserve Funds .. .

Due to Banks .... .

Dividends Unpaid.

Cashier's Checks.

Certified Checks.

Demand Deposits. . . . . . . ....

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . . .....

Letters of Credit and AeccptancPs

executed for Customers ..

Bills Payable.. . . . . . . . . . . . . . .

Notcs and Bills Rediseounted ..

Other Liabilities.

Total.

.$

50,000.00 50,000.00 32 'g:J2. :J2
none 5,643.55
none 5o:J.H
none 363,208.88
80,436.82 53,181.44
none 202 0 891.46
none none
838.798.21

FIFTEENTH ANNUAL REPORT

107

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

COMMERCIAL BANK

Waycross, Ga.

As called for by the Superintendent of Banks.

L. B. HARRELL, President.
Date of Charter: 10-15-1918

J. M. NORMAN, Vice-Pres. & Cashier. Began Business: 10-30-1918

RESOURCES:

Loans and Discounts. . . . . . . . ..... $

State of Georgia and r..Iunicipal

Bonds owned................ .

U. S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot.

Furniture and Fixtures ..

Other Real Estate owned. . ...... .

Cash in Yault and amount due from

approved Checks for

Reserve Agents ... Clearing and Due.

fro~

other Banks.

Cash Items.

~d~,~c;;ca~ts ~n c~tt~~ ~~d- ~th~~

Commodities................ . Customers L:ahility on Letters of
Credit and Acceptances. Profit and Loss ... Other Resources.

141.740.54
19,000.00 304,825.00
15,100.00 19,771.70 4,100.00
1,000.00
599,156.12
5,016.74 ;)86. 04 none
none
none none 2, 166.46

Total..

.... $ 1,112,462.60

LIABILITIES:

Capital Stock. .

. $ 50,000.00

Surplus Fund .....

10,000.00

Undivided Profits.

36,665.47

Reserve Funds.

2,013.87

Due to Banks .....

none

Dividends Unpaid.

none

Cashier's Checks .. .

4,660.35

Certified Cheeks ..... .

none

Demand Deposits ............

1,009,122.91

Time Certificates of Deposits ...

none

Savings Deposits. . . . . . . . . . . . ....

none

Letters of Credit and Acceptances

excruted for Customers.

none

Bills Payable ............... .

none

~otes and Bills Rediscounted ..

none

Other Liabilities.

none

Total.

.. $ 1 ,112, 462.60

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF WAYNESBORO

Waynesboro, Ga.

As called for by the Superintendent of Banks.

C. \r. SKINNER, JR.,

F. M. SKINNER,

President.

Cashier.

Date of Charter: 12-16-'1890

Began Business: 1891

RESOURCES:
Loans and Discounts. . ........... $ State of Georgia and Municipal
Bonds owned .................. . U. S. Government Serurities owned. Other Stocks and Bonds owned. Banking House and Lot . Furniture and Fixtures ... Other Real Estatc owned . . . . .... Cash in Yault and amount due from
approved Reserve ~\gents ....... . Checks for Clearing and Due from
other Banks .. Cash Items.
~d~~~~:ts ~~ . C~tt~~. and . a"th~~
Commodities. . . . . . . . . . . . . . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss. Other Resources.

Total. ....

.... $

2.57,185.42
none none 2,500.00 none 3, 534.74 31 ,H2.22
38,981.49
1 ,030. 77 306.34 none
72.00
none none none
335,052.98

LIABILITIES:

Capital Stock. . .

. .$

Surplus Fund ....

Undivided Profits.

Reserve Funds .. .

Due to Banks .... .

Dividends Unpaid.

Cashier's Checks.

Certified Checks ..... .

Demand Deposits ... .

Time Certificates of Deposits.

Savings Deposits . . . . . . . . . . . . . .

Letters of Credit and Acceptances

executed for Customers.

Bills Payable. . . . . . . . . ....

~otes and Bills Rediscounted.

Other Liabilities.

Total.

$

.50 ,000. 00 25,000.00
2,598.12 none
14,187.77 16.00
1,149.86 none
65,981.11 none
56,120.12
none 100,000.00
none 20,000.00
335,0.52. 98

108

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

CITIZENS BANK AND TRUST CO.

West Point, Ga.

As called for by the Superintendent of Banks.

H. H. GREENE, President.
Date of Charter: 2-17-1917

H. C. SAPP, JR., Cashier.
Began Business: 3-17-1917

RESOURCES:
Loans and Discounts .............. $ State of Georgia and ~Iunicipal
Bonds owned .................. . U. S. Government Sef'urities owned. Other Stocks and Bonds owned. Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items ..
~d~~~ca:ts ~~ C~ti~,; . ~,;d . ~th~~
Commodities ............... . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ..... Other Resources ..

481,274.02
29 '762. 74 196,889.38
4,885.00 none
9,450.00 58' 731.78
356,229.40
3,659.07 none none
111,385.54
none none 3,495.80

Total.

.. .. . $ 1 '255 '762. 73

LIABILITIES:

Capital Stoek.

.$

Capital :-.fotes.

Surplus Fund ..... .

Undivided Profits.

Reserve Funds ..

Due to Banks . . ..

Dividends Unpaid

Cashier's Checks ...

Certified Checks ..

Demand Deposits.......... .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . ..... .

Letters of Credit and Acceptances

executed for Customers ....

Bills Payable. . . . . . . . . . . . . . .

Notes and Bills Rediscounted.

Other Liabilities.

100,000.00 100,000.00
10,000.00 10,887.50
1,822.91 none 54.00 14.10
1 '723.00 593' 181.94
10,500.00 427,579.28
none none none none

Total .

.$ 1,255 '762. 73

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

MERCHANTS & PLANTERS BANK

Whigham, Ga.

As called for by the Superintendent of Banks.

J. E. HARDEN, President.
Date of Charter: 6-18-1918

W. C. LANE, Cashier.
Began BusineBs: 6-19-1918

RESOURCES:

Loans and Discounts .............. $ State of Georgia and l\1 unicipal
Bonds owned. . . . . . . . . . . . ..... . U. S. Government Securities owned. Other Stocks and Bonds owned .. Banking House and Lot. Furniture and Fixtures ... . Other Real Estate owned ......... .
Cash in Vault and amount due from approved Reserve Agents ...
Checks for Clearing and Due from other Banks ....
Cash Items.
~J~:c;:-;:ts ~;, . C~tt~,; .. ~,;d . ;,th~~
Commodities ................ . Customers Liability on Letters of
Credit and Acceptances ..
Profit and Loss. Other Resources ..

Total.

... $

5,915. 77
none 6,000.00
none 3,000.00 2,000.00 2,404. 89
26,922.88
none none 195.67
none
none none none
46,439.21

LIABILITIES:

Capital Stock.

. .$

Surplus Fund ....

Undivided Profits.

Reserve Funds .

Due to Banks .....

Dividends L'npaid.

Cashier's Checks ..

Certified Checks .... .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits. . . . . . . . . . . . . . ..

Letters of Credit and Acceptances

executed for Customers.

Bills Payable... . . . . . . . . . .

Notes and Bills Rediscounted ..

Other Liabilities.

Total. ................. .

.$

15,000.00 none
232.06 none none none 11.00 none
23,521.98 3,174.17 none
none none none 4,500.00
46,439.21

FIFTEENTH ANNUAL REPORT

109

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE PEOPLES BANK

Winder, Ga.

As called for by the Superintendent of Banks.

J. W. McWHORTER, President.
Date of Charter: 10-29.-1926

C. 0. MADDOX, Cashier.
Began Business: 10-30-1926

RESOURCES:

Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned. . . . . . . . . . . . . . .... U. S. Government Securities owned. Other Stocks and Bonds owned ... Banking House and Lot ... .

Furniture and Fixtures .. . Other Real Estate owned ......... .

Cash in Vault and amount due from

approved Reserve Agents ....... .

Checks for Clearing and Due from

other Banks.

Cash Items..

. ........ .

~d~~~::ts ~;, . C~tt~,; .. ~;,_d .o.th~~

Commodities ................ . Customers Liability on Letters of
Credit and Acceptances. Profit and Loss. Other Resources.

Total. ....

. . . .$

250,507.91
19,050.00 10,000.00
1 ,000.00 15,000.00
2,500.00 7,500.00
177,465.90
none none none
2,202.82
none none none
485,226.63

LIABILITIES;

Capital Stock. . . . . .

. ..... $

Surplus Fund .... .

Undivided Profits .. .

Reserve Funds , ... .

Due to Banks. . .. .

Dividends Unpaid ... .

Cashier's Checks .... .

Certified Checks .. .

Demand Deposits ..

Time Certificates of Deposits ... .

Savings Deposits . . . . . . .'......... .

Letters of Credit and Acceptances

executed for Customers .... .

Bills Payable ............... .

Notes and Bills Rediscounted .

Other Liabilities.

Total. ....

.. $

25,000.00 10,000.00
1,009.13 none none
2;000.00 31,820.35
26.82 378,083.27
3,847.63 33,439.43
none none none none
485,226.63

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE WOODBURY BANKING CO.

Woodbury, Ga.

As called for by the Superintendent of Banks.

J. E. GRIMSLEY, President.
Date of Charter: 10-20-1892

S. P. WILBURN, Cashier.
Began Business: 10-1902

RESOURCES:

Loans and Discounts .............. $ State of Georgia and Municipal
Bonds owned. . . . U. S. Government Securities owned.
Other Stocks and Bonds owned ... Banking House and Lot .. . Furniture and Fixtures ......... . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks ....... .

Cash Items...

.. ........

~d~~~::ts ~;{ . c~it~,; .. ~;,_d . .;th~~

Commodities................ . Customers Liability on Letters of
Credit and Acceptances ..... Profit and Loss ..
Other Resources.

Total. ..... .

... $

05 '796. 87
23,130.70 11 ,8HO.OO
5,876.25 none
4,176.73 4,179.07
45,817.83
none 1,080.10
853.77
81,211.42
none none 408.24
244,470.98

LIABILITIES;

Capital Stock.

.$

Surplus Fund .....

Undivided Profits.

Reserve Funds .. .

Due to Banks ...... .

Dividends Unpaid ... .

Cashier's Checks..... . ......... .

Certified Checks ..

Demand Deposits . . ....... .

Time Certificates of Deposits ..... .

Savings Deposits . . . . ............ .

Letters of Credit and Acceptances

executed for Customers......... .

Bills Payable..

.

.

Notes and Bills Rediscounted ..... .

Other Liabilities.

Total. ....

.s

25,000.00 10,000.00
3 ,285. 90 none none none
7 '790.45 none
135,679.30 62' 715.33 none
none none none none
244,470.98

110

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

WOODLAND BANK

Woodland, Ga.

As called for by the Superintendent of Banks.

J. H. VI'OODALL, President.
Date of Charter: 11-18-1907

M. H. KING, Cashier.
Began Business: 11-25-1907

RESOuRCES:
Loans and Discounts. . . . . . . . . . . . . S State of Georgia and ~Iunicipal
Bonds owned.................. . V. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ... Checks for Clearing and Due from
other Banks
Cash Items .....
~d~~~::ts ~;.. C~tt~,; ~;.d. oth~~
Commodities. . . . . . . . . . . . . . . Customers Liability on Letters of
Credit and Acreptanecs. Profit and Loss.... Other Resources ..

Total ..

$

LIABILITIES:

41 ,SB2.57
none 4 ,400. 00
none 2,000.00 1,500.00 5 '9:J5. 2\J
13,383.22
none 20.:10
none
\J,22H.58

Capital Stock

..... $

Surplus Fund .....

Undivided Profits.

Reserve Funds .

Due to Banks ....

Dividends Cnpaid.

Cashier's Chrf'ks ..

Certified Chcrh.

Demand Deposits .......... .

rin~C' Certifica~es of Deposits.

:::-iavu1gs Depos1ts . . . . . . . . . ..... .

Letters of Credit and AcccptanrPs

cxc(uted for Customers ..

Bills Payable ............. .

X otes and Bills Rediscounted ..

Other Liabilities.

none 1 ,385 72
none

79 'n:J. (i8 I Total.

$

15,000.00 12' 000.00
none none none 147 .flO 241.28 none 3\J '281. 68 13,0G:J.12 none
none none none none
79,73:1.68

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF WOODSTOCK

Woodstock, Ga.

As called for by the Superintendent of Banks.

J. H. JOHNSTON, President.
Date of Charter: 10-10-1905

W. L. DuPRE, Cashier.
Began Business: 10-1905

HESOURCES:
Loans and Discounts.............. $ State of Georgia and J\Iunicipal
Bonds owned. . . . . . . . . . . . . .... U. ::-;_ Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents. . ..... Checks for Clearing and Due from
other Banks. Cash Items.
~d~~~ca:ts ~n Cotton .. ~~d. .. ~ti1c~
Commodities. . . . . . . . . . . . . ... Customers Liability on Letters of
Credit and Acceptances. Profit and Loss ..... Other Resources.
Total..

27' 127.22
none 5,000.00
none 3 29\J 16
2:ooo:oo
9,758.75
2:3,108.25
none none none
33,02:3.86
none none none
JO:J ,:117. 2~

LIABILITIES:

Capital Stock.
~~Ji~id!u~~~fits..

. ...... $

Reserve Funds .

Due to Banks .....

Dividends Unpaid .. Cashier's Checks .. . Certified Checks .. . Demand Deposits .......... .

Time CcrtifiC'ates of Deposits.

Savings Deposits. . . . . . . . . . . . .... Letters of Credit and Acceptances
e-xecuted for Customers. Bills Payable ............... .

::--.rotes and Bills Rediscounted.

Other Liabilities.

Total.

. .. $

25,000.00 5, 772.69 none none none none none 9.50
66,(170.66 5' 864.39 none
none nonE' none none
10:J,:l17.24

FIFTEENTH ANNUAL REPORT

111

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

BANK OF WRIGHTSVILLE

Wrightsville, Ga.

As called for by the Superintendent of Banks.

R. L. KENT, President.
Date of Charter: 2-16-1897

H. T. JOHNSON, Cashier.
Began Business: 2-16-1897

RESOURCES:

Loans and Discounts.

. .... $

State of Georgia and l\Iunicipal

Bonds owned................. .

U.S. Government Securities owned.

Other Stocks and Bonds owned.

Banking House and Lot ..

Furniture and Fixtures .. .

Other Real Estate owned ......... .

Cash in Yault and amount due from

approved Reserve Agents ...

Checks for Clearing and Due from

other Banks ....

Cash Items ...

~d~a~::ts ~;, C~tt~,; . ~,;d ~th~~

Commodities ................ .

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss

Other Resources ..

Total. .....

. .$

278,697.83
none 6.185. 78
none 3,500.00 2 ,500. 00 4,615.72
29,192.03
3,442.09 none none
39,867.02
none none none
368,000.47

LIABILITIES:

Capital Stock. .

. .$

Surplus Fund ....

Undivided Profits

Reserve Funds ... .

Due to Banks .... .

Dividends Unpaid ... .

Cashier's Checks.. . . . . ......... .

Certified Checks. . . . ........ .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable............... .

Notes and Bills Rediscounted.

Other Liabilities.

Total. ....

.. $

25,000.00 15,474.97
1,601.00 5,500.00
none none 15,749.73 none 183,512.63 46,162.14 none
none 75,000.00
none none
368,000.48

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE EXCHANGE BANK OF WRIGHTSVILLE

Wrightsville, Ga.

As called for by the Superintendent of Banks.

P. B. BEDINGFIELD, President.
Date of Charter: 12-20-1909

E. E. DALEY, Cashier.
Began Business: 12-20-1909

RESOURCES:
Loans and Discounts .............. $ State of Georgia and l\1unicipal
Bonds owned. . . . . . . . . . . . . . .... U.S. Government Securities owned. Other Stoeks and Bonds owned ... Banking House and Lot .. Furniture and Fixtures .. Other Real Estate owned ......... . Cash in Vault and amount due from
approved Reserve Agents ....... . Checks for Clearing and Due from
other Banks. Cash Items.
~d~:~ca:ts ~n Cott~,; . ~,;d ~th~~
Commodities.. . . . . . . . . . . . . . . .. Customers Liability on Letters of
Credit and Acceptances. Profit and Loss.... Other Resources ..

Total. ....

.. $

211,833.22
none 4,525.00
none 4,670.00 1,275.53 3,435.41
39,876.47
2,122 . .56 45.2.') 22.36
8,074.08
none none ~37. 51
276,217.39

LIABILITIES:

Capital Stoek. . . .

. .$

Surplus Fund. . . . . .

Undivided Profits ..

Reserve Funds .

Due to Banks ..... .

Dividends Unpaid.

Cashier's Checks .... .

Certified Checks .. .

Demand Deposits .......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .. .

Bills Payable. . . . . . . . ...... .

Notes and Bills Rediscounted.

Other Liabilities.

Total.

$

35,000.00 15,000.00
7 ,641. 54 913.31 none none
15.750.83 none
159,728.98 42.182.73 none
none none none none
276 ,2] 7. ;jg

112

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 31, 1934, of the

THE BANK OF ZEBULON

Zebulon, Ga.

As called for by the Superintendent of Banks.

C. R. GWYN, President.
Date of Charter: 3-18-1905

J. J. EDWARDS, Cashier.
Began Business: 1-31-1905

RESOURCES:

Loans and Discounts .............. $ State of Georgia and l\lunicipal
Bonds owned. . . . . . . . . . . ..... . U. S. Government Securities owned. Other Stocks and Bonds owned. Banking House and Lot .. . Furniture and Fixtures .. . Other Real Estate owned ........ . Cash in Vault and amount due from
approved Reserve Agents ...... . Checks for Clearing and Due from
other Banks .... .
Cash Items ... .
~d~~~::ts ~n . C~tt~,;. ~,:,_d . ~th~~
Commodities ................. . Customers Liability on LettPrs of
Credit and Acceptances.
Profit and Loss .. Other Resources.

Total. ....

. . .$

122,141.75
none 2,074.00
~:5b~:g8
2,000.00 2,750.00
68,141.84
none 267..10 269.29
3,750.05
none none none
212,306.68

LIABILITIES:

Capital Stock. . . .

.$

Surplus Fund ... .

Undivided Profits ... .

Reserve Funds ... .

Due to Banks .... .

Dividends Unpaid.

Cashier's Checks .. .

Certified Checks... .

Demand Deposits ......... .

Time Certificates of Deposits.

Savings Deposits ................ .

Letters of Credit and Acceptances

executed for Customers .... .

Bills Payable ............... .

)l'otes and Bills Rediscounted .

Other Liabilities.

Total .

.$

25,000.00 5,000.00 4,504.50 none none none
15,975.14 none
120' 158.85 18,081. GO 23,526.59
none none none none
212,306.68