EIGHTEENTH ANNUAL REPORT OF THE EPARTMENT OF BANKING OF THE STATE OF GEORGIA YEAR ENDING DECEMBER 31 1937 R. E. GORMLEY, Superintendent of Banks STATE OF GEORGIA DEPARTMENT OF BANKING Created by Act Approved August 16, 1919. EIGHTEENTH ANNUAL REPORT YEAR ENDING DECEMBER 31, 1937. DEPARTMENT ESTABLISHED An act to creat 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. This Act has been amended from time to time, through the last session of the General Assembly in 1937, all of which amendments are contained in the Banking Act published by the Department of Banking. R. E. GORMLEY, Superintendent of Banks. EIGHTEENTH ANNUAL REPORT III DEPARTMENT OF BANKING, STATE OF GEORGIA ATLANTA December 31, 1937. To the Honorable E. D. Rivers, 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 18th annual report of the Department of Banking for the year ending December 31, 1937. This report consists of the following exhibits: 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 1937. cov3e. rinEgxhmiibsictsell"aCn"e'ou"sDa"p' p"lEic"a'ti"oFn"s' r"eGla"ti'v"eHt>o' 'c"hIa"r'te"rJ"am' "eKnd"-' ments, charter renewals, voluntary liquidations, etc. 4. Exhibit "L", a list of banks in voluntary liquidation. 5. Exhibit "M", a list of branch banks now in operation. 6. Exhibit "N", a condensed statement showing the disposition of banks during the year 1937. 7. Exhibit "0", a list of banks that are members of the Federal Reserve System. IV DEPARTMENT OF BANKING 8. Exhibit "P", a list of Small Loan Companies under the supervision of the Superintendent of Banks during the year 1937, and Exhibit "Q", a list of Credit Unions as of December 31, 1937. 9. Exhibit "R", abstract of reports showing condition of 231 banks and 8 branches as of December 31, 1937, with a comparative statement of 226 banks and 8 branches as of December 31, 1936. 10. Exhibit "S", Composite Statement of Earnings of State Banks for the calendar year ended December 31, 1937. 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, 1937. 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 name of the President and Cashier. Respectfully submitted, R. E. GORMLEY, Superintendent of Banks. EIGHTEENTH ANNUAL REPORT v Exhibit "A." DEPARTMENT OF BANKING, STATE OF GEORGIA OFFICIAL ROSTER December 31, 1937. R. E. GORMLEY Superintendent of Banks C. B. GOLSON Assistant Superintendent of Banks EXAMINERS Name Address R. G. Fleetwood_____________ Statesboro -------------$ Richard Forrester___________ Montezuma 0. G. Jackson_________________Atlanta _______________________________ W. D. Lloyd____________________ Tallapoosa __________________________ Salary 200.00 200.00 200.00 200.00 OFFICE ASSISTANTS Name Position Mrs. Evelyn Ellis___________ Secretary ----------------------------$ Mrs. John W. Wyrick____ Secretary ---------------------------- Salary 130.00 135.00 Theodore MarshalL________ Porter __________________________________ $ 45.00 VI DEPARTMENT OF BANKING Exhibit "B." DEPARTMENT OF BANKING, STATE OF GEORGIA Receipts and Disbursements, 1937. RECEIPTS Balance January 1, 1937 ____________ Examination Fees __________________________ _ Small Loan Fees _ ____________ _ Miscellaneous Income ___ ----$ 7,118.99 35,310.00 ---- -- ---- 1,300.00 328.40 $44,057.39 DISBURSEMENTS Superintendent's Salary __ ____________________________________ $ 6,000.00 Assistant Superintendent's Salary ________________ _ 3,600.00 Traveling Expenses, Superintendent _______________ 461.52 Traveling Expenses, Assistant Superintendent________ 242.30 Office Assistants' Salaries _____________________ 4,114.00 Examiners' Salaries ________ 10,273.33 Examiners' Expenses, Traveling _______ 8,937.71 Printing and Stationery ___________________________________ 552.28 Miscellaneous Office Expense _______________________ 2,114.62 3% Deduction ______ 1,102.95 $37,398.71 Balance, December 31, 1937 -------------------------------------------- $ 6,658.68 EIGHTEENTH ANNUAL REPORT VII Exhibit "C." APPLICATIONS TO DECREASE CAPITAL APPROVED NAME OF BANK - Bank of Eastman__ ~ ------- LOCATION APPROVED AMT. OF DECREASE Eastman _______ 5-22-37 $50,000.00 to $40,000.00 Exhibit "D." APPLICATIONS FOR RENEWAL OF CHARTER APPROVED NAME OF BANK LOCATION DATE OF CHARTER APPROVED Farmers & Merchants Bank_ Lakeland ------- Farmers & Merchants Bank Fayetteville ---Bank of Lenox __ -- -------------- Lenox --------The Patterson Bank --------- _Patterson --Buena Vista Ln. & Svgs. Bk. Buena Vista __ Wilkinson County Bank_ ---- Toombsboro The Woodland Bank. ---- ---- Woodland ____ The Exchange Bank_ --- ----- Springfield ---- 4-18-1907 2-16-1906 6-20-1907 6-19-1907 9-22-1887 7-16-1907 11-18-1907 12-31-1907 3-29-37 4-15-37 5-6-37 5-12-37 5-27-37 7-7-37 10-25-37 12-21-37 Exhibit "E." APPLICATIONS FOR REVIVAL OF CHARTERS APPROVED. NAME OF BANK LOCATION DATE OF CHARTER APPROVED Bank of Siloam __ ------- --------- Siloam ------------ The Milledgeville Bkg. Co. ____ Milledgeville _ Pitts Banking Co. __________________ Pitts - ------------ The S. Lemon Bkg. Co._________ Acworth --The Citizens Bank________________ Marshallville _ Atlanta Bkg. & Savgs. Co. ____ Lake Park Bank __________________ Atlanta ---------Lake Park 10-18-1904 9-13-187 4 6- 2-1906 12-18-1906 12-24-1906 10-13-1885 1-22-1906 1-28-37 2-5-37 2-5-37 2-18-37 5-7-37 5-22-37 6-16-37 APPLICATIONS FOR CHARTERS APPROVED. Exhibit "F." NAME OF BANK LOCATION APPROVED BEGAN BUSINESS Bank of Thomas County______ Thomasville -------------------Fort Gaines Banking Co. _____ Ft. Gaines ---------------------Citizens Bank of Americus____ Americus -----------------------First State Bank of Blakely__ Blakely ------------------------Citizens & Southern Bank of LaGrange ______________________ LaGrange ________________________ Pembroke State Bank___________ Pembroke ---------------------- 2-3-37 2-11-37 2-20-37 5-5-37 7-14-37 12-17-37 2-15-37 2-15-37 3-1-37 5-6-37 8-1-37 -------------- VIII DEPARTMENT OF BANKING PERMITS TO BEGIN BUSINESS ISSUED. NAME OF BANK LOCATION Exhibit "G." - BEGAN BUSINESS The Farmers Bank________________________________ Tifton ____________________________ Bank of Thomas County___________________ Thomasville ____ _ Fort Gaines Bkg. Co._______ ___________ Ft. Gaines _________________________ Citizens Bank of Americus____________________ Americus _______________________________ First State Bank of Blakely__________________ Blakely _______________________________ _ Citizens & Southern Bank of LaGrange ________________________________________ LaGrange ______________________________ 2-24-37 2-15-37 2-15-37 3-1-37 5-6-37 8-1-37 Exhibit "H." APPLICATIONS FOR CHARTERS DISAPPROVED. NAME OF APPLICANT LOCATION DISAPPROVED Eatonton Banking Co.__________________________ Eatonton _______________________________ Farmers Exchange Bank ______________________ Blakely _________________________________ Farmers & Merchants Bank__________________ Douglas ___ 3-1-37 7-31-37 10-4-37 Exhibit "1." PERMITS TO ENTER VOLUNTARY LIQUIDATION ISSUED. NAME OF BANK LOCATION DATE BY WHOM LIQUIDATED Atlanta Bkg. & Savgs. Co. ____________ Atlanta __________ 6-14-37 Directors ------------ EIGHTEENTH ANNUAL REPORT IX Exhibit "J." APPLICATIONS FOR MISCELLANEOUS AMENDMENTS APPROVED. - NAME OF BANK LOCATION NATURE OF AMENDMENT APPROVED - pitts Banking Co. ___________________________ Pitts ______________ To incorporate in charter the pro- visions of Sec. 1, Art. 18 of the Banking Act. 2-5-37 savannah Bk. & Tr. Co. _________________ Savannah ------ To incorporate in charter the pro- visions of Sec. 1, Art. 18 of the Banking Act. The Bank of Tifton_______________________ Tifton ------------ To decrease mini- 2-12-37 mum number of directors and in- crease maximum number. Farmers & Merchants Bank________ Brewton -------- To change office 2-27-37 from Brewton to Dublin. 6-16-37 Exhibit "K." APPLICATIONS TO SURRENDER CHARTERS APPROVED. NAME OF BANK LOCATION APPROVED Citizens & Contractors Bank________________________ Lithonia ________________ Atlanta Bkg. & Svgs. Co. ______________________________ Atlanta __________________ 4-22-37 7-14-37 X DEPARTMENT OF BANKING BANKS IN VOLUNTARY LIQUIDATION December 31, 1937 Exhibit "L." 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 Atlanta Trust Company__________________ Atlanta Peoples Bank _____________________ Comer __ Bank of Helen _________________________________ Helen ___________________ September 4, 1929. D"cember 11, 1929. March 31, 1930. 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. 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 Company__ Whitesburg __________ February 2, 1932. Loganville Banking Company__________ Loganville ______________ April 28, 1932. Newnan Bank and Trust Company__ Newnan ______________ May 11, 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. Merchants & Planters Bank __________ Whigham _________________ March 15, 1935. Tobacco Belt Trust Co. ___________________ Lakeland _______________ _ November 6, 1935. Bainbridge State Bank_____________________ Bainbridge ______________ _ November 6, 1935. Ashley Trust Co. ________________________ Valdosta _________________ November 14, 1935. Continental Trust Co. ____________ Atlanta _____________________ December 12, 1935. Bank of Hoschton__ ____ Hoschton ____________________ April 19, 1936. The Merchants and Mechanics Bank- ing and Loan Co. ________ _ Atlanta December 7, 1936. EIGHTEENTH ANNUAL REPORT XI BRANCH BANKS AS OF DECEMBER 31, 1937. Exhibit "M." NAME OF BRANCH LOCATION NAME OF PARENT LOCATION 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 Bank & Trust Co.~ Gay ____ Greenville Banking Co. ____ Greenville. Brunswick Bank & Trust Co. __ Jesup __ Brunswick Bank & Trust Citizens Bank __________________________ Nahunta. ~--- Co. ----------------------------Brunswick. Citizens Bank -~--~-----------~Folkston. XII DEPARTMENT OF BANKING Exhibit "N." DISPOSITION OF BANKS IN GEORGIA DURING YEAR 1937. Banks in Operation January 1, 1937 ________________ Banks in Operation December 31, 1937____________ Increase During Year__________________ _____ _________________ Banks 226 231 5 Branches 8 8 * * Banks Closed _____________ ______________________ 1 Chattooga County Bank, Summerville Banks Entering Voluntary Liquidation__________________________ 1 Atlanta Banking & Savings Co., Atlanta Decrease -------------------------------------------- 2 New Banks ------------------------------------------------------------------------------ 6 The Farmers Bank, Tifton Bank of Thomas County, Thomasville Ft. Gaines Banking Co., Ft. Gaines Citizens Bank of Americus, Americus First State Bank of Blakely, Blakely Citizens and Southern Bank of LaGrange, LaGrange Supervision Assumed -------------------------------------------------------------- 1 Atlanta Banking and Savings Co., Atlanta Increase ---------------------------------------------- 7 Net Increase Shown Above ------------------------------------------ 5 EIGHTEENTH ANNUAL REPORT XIII Exhibit "0." STATE BANK MEMBERS OF FEDERAL RESERVE SYSTEM Bank of Adairsville__ ------------------------ _______________________________________________________Adairsville Trust Company of Georgia ______________________________ ---------------------- ______Atlanta Georgia Railroad Bank & Trust Co. ________________________________________________________________Augusta Citizens Bank and Trust Co. ______________________________________________________________________Bainbridge The Blackshear Bank_ _____ -------------------------------------------- _______________________________Blackshear Brunswick Bank and Trust Co. ____________________________________________________________________Brunswick Bank of Canton____ -------------------------------------- ______________________________________________ Canton State Bank of Cochran______________________________________ -------------------- _______________________ Cochran Columbus Bank and Trust Co.____ -------------------------------------------------- _________Columbus Merchants & Mechanics Bank--------------------------------------------------------------- ___Columbus Northeastern Banking Co. ------------------------------- _____________________________________________ Commerce Bank of Eastman_________ --------------------------------------- ------------------------ _____________________Eastman Brand Banking Company________ ----------------------------------------------- ____Lawrenceville Farmers State Bank ------------------------------ ----------------------------------- _______________ Lincolnton Bank of Millen ----------------------------------- -------------------------------------------------- _Millen Farmers Bank ---------------------------------------------------- __________________________________________Monroe Farmers Bank of Pelham________________________________________________________ _____________________Pelham Bank of Sasser________________________________________________________________________________________________________Sasser Citizens Bank and Trust Co. __________________________________________________________________________Savannah Savannah Bank and Trust Co. ________________________________________________________________________Savannah Bank of Soperton______________________________________________________________________________________________Soperton Central Bank _______________________________________________________________________________________________Swainsboro The Bank of Tifton______ _____ --------------------- ----------------------------- ________________________Tifton XIV DEPARTMENT OF BANKING Exhibit "P.' SMALL LOAN COMPANIES UNDER THE SUPERVISION OF THE SUPERINTENDENT OF BANKS DURING 1937. NAME OF COMPANY Date License Location Issued T. C. Adams __ _____________ ------------------------------------------------------ Atlanta Citizens Loan & Savings Co. ____________________________________________________ Atlanta 1-9-37 1-2-37 Family Finance Company ___________________________ ---------------- Atlanta Georgia Acceptance Company__________________________________________________ Atlanta 1-2-37 1-8-37 Georgia Finance, Inc. --------------------------------------------------------------- Atlanta 1-5-37 Hartsfield Company, Inc. ____________ ---------------------------------------- Atlanta Industrial Finance Corporation________________________________________________ Atlanta 1-5-37 1-2-37 The Master Loan Service, Inc. ________________________________ --------------- Atlanta 1-2-37 Seaboard Finance Corporation____ ------------------------------------------- Atlanta 1-2-37 Standard Investment Company__________________ ----------------------------- Atlanta 1-18-37 AU.n iJt.e dWSomo da_l_l___L__o__a__n____C__o__r_p__o_r_a__t_i_o_n__-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-____________ _ Atlanta Brunswick 1-2-37 1-2-37 Georgia Motor Finance Company-------------------------------------------- Macon 1-7-37 EIGHTEENTH ANNUAL REPORT XV Exhibit "Q." CREDIT UNIONS AS OF DECEMBER 31, 1937. NAME Location Albany Federal Employees' Credit Union -------------- -------------- ___Albanl The Herald Credit Union _____________ ___ ____________ ____________________ Albany Keenan Credit Union ________________ ___ A l b a n y Alma Exchange Credit Union ------------- ____ Alma Athens Division Credit Union____ Athens Firemen's Credit Union Athens Postal Credit Union ------------------- ____________________ - ____ Athens ________ A t h e n s _______Athens The Acco Credit Union __ _________ A t l a n t a Apaco Credit Union __ ------------------------------- _______________ ___Atlanta Armour Atlanta Credit Union_ _____________________________ A t l a n t a Armour Fertilizer Works Credit Union________ ______________ _______________________ A t l a n t a A. B. & A. Railway Credit Union_ ______________ _____________________________ A t l a n t a Atlanta City Employees' Credit Union__________________________ _____________ ____ Atlanta Atlanta Firemen's Credit Union_ ___________________ _Atlanta Atlanta Journal Employees' Credit Union____ ___Atlanta Atlanta Postal Credit Union___________ ________________________ -------------------- _____Atlanta Atlanta Railway Postal Clerks Credit Union________________________ _______ A t l a n t a Atlanta Savings Stores Credit Union ___ ------------------- --------------- ___ A t l a n t a Atlanta Teachers' Association Credit Union ---------------- -------------- .Atlanta Atlanta Telco Credit Union ______ _____ ----------------------------- __ Atlanta Atlanta Terminal Employees' Credit Union__________________________________________________Atlanta Atlantic Steel Credit Union________ ________________ ______________ ______ A t l a n t a Circle "W" Credit Union__ _____________________________ ------------------------------- ___ A t l a n t a The Federal Employees' Credit Union Fulton Teachers' Credit Union_______ ___________________ A t l a n t a _______________________________________ A t l a n t a General Shoe Credit Association __________________ ---------------------------- _____ A t l a n t a Genuine Parts Credit Union __________________________________________________________________________ Atlanta Georgia League Credit Union__ ----------------------------------- ____________________________Atlanta Georgia Standard Oil Emp. Credit Union_________ ____________ _______ Atlanta Ga.-W. P. General Office Credit Union _____________________________________________ A t l a n t a Georgian-American Credit Union__ ------------------------------------ __________________Atlanta J. M. Harrison Employees' Credit Union_____________________ _______Atlanta The Harry Sommers Credit Union ___________________ _______________________ A t l a n t a Hartford Credit Union ___________________ __________________ _____________________________Atlanta Kraft-Phenix Employees' Credit Union_______________________ L. & R. Employees' Credit Union_ _________________ _________________ ___Atlanta _____________________ A t l a n t a Lodge No. 1 (I. A. of M.) Credit Union________ --------------------------- ___________Atlanta Mutual Benefit Credit Union -------------------------------------------------------------- ___Atlanta Mutual Savings Credit Union____________________________________________________________________________Atlanta The Pullman Shop Employees' Credit Union_______________________________ ___________Atlanta R. E. A. Employees' Credit Union__________________________________________ ___________ A t l a n t a Rogers Credit Union ________ ____ __ ----------------------------------------------------- _________Atlanta Seaboard Employees' Credit Union_____________________________________________________________Atlanta Southern Freight Tariff Bureau Emp. Credit Union ____________________________________Atlanta State Employees' Credit Union ______________________________________________________________________Atlanta Swift Atlanta Employees' Credit Union____________________________________________________________Atlanta The Thrift Credit Union _________________________________________________________________________________Atlanta Underwriters Credit Union __________________________________________________________________________Atlanta United Automobile Workers Credit Union______________________________________________________Atlanta University Center Credit Union________________________________________________________________________Atlanta Western & Atlantic Credit Union___________________________________________________________________Atlanta White Provision Employees' Credit Union________________________________________________________Atlanta J. Will Yon Hotel Employees' Credit Union________________________________________________Atlanta XVI DEPARTMENT OF BANKING NAME Location Augusta F~deral Employees' Cr_edit lJnion -------------------------------------- --- ______Augusta Augusta F1re Department Cred1t Umon -------------------------------------------------------Augusta Augusta Police Department Credit Union_ --------------------------------------------------Augusta Georgia Railroad Employees' Credit Union____________________________________________________ Augusta King Mill Credit Union ---------------- ---------- --------------------------------------------- __Augusta Columbus Postal Employees Credit Union____________________________________________________ Columbus Art Furniture Employees' Credit Union____ ------------------- ------------- ___ Macon Federal Employees' Credit Union___ --------------- ------------------------------------------Macon Hapgrade Credit Union---- ------------------------------ ------------------------- ----------------- _______ Macon Macon Telephone Credit Union ------------------ -----------------------------------------------Macon The Citizens Credit Union________________ ----------------------------------------- -----------------------Morven Swift's Moultrie Employees' Credit Union -------------------------- ------Moultrie Sumter County Teachers' Credit Union--------------------------------------- ____ Plains Floyd County Postal Employees' Credit Union ___ ---------------------------------------- ____ Rome Central Employees' Credit Union------------------------------------------------------ _____Savannah Chatham County Teachers' Assn. Credit Union __________ ----------- _______________ Savannah Savannah Federal Credit Union ___ ------------------- _______ S a v a n n a h Savannah Telco Credit Union---------------------------- -------------- __ Savannah Seaboard Employees' Credit Union__________________ -------------- --------------------- ________ Savannah Trainmen's Credit Union______________________________________ --------------------------------- ___ Savannah Silvertown Credit Union____________________________________ ------------------------- ___Thomaston Tift County Postal Employees' Credit Union_______________________________ _______ Tifton Postal Credit Union --------------------------------------- ---------------------------------- ---------Valdosta Credit Unions Being Liquidated by Superintendent of Banks: Atlanta Police Department Credit Union, Atlanta Electrical Workers' Credit Union, Atlanta Ruralist Credit Union, Atlanta Credit Unions Approved for Voluntary Liquidation: Exposition Cotton Mill Employees' Credit Union, Atlanta Inactive Credit Union: Coastline Credit Union, Waycross. EIGHTEENTH ANNUAL REPORT XVII Exhibit "R." ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS IN GEORGIA AS OF DECEMBER 31, 1937. (With Comparative Statement as of December 31, 1936). 231 Banks and 8 226 Banks and 8 Branches as of Branches as of Dec. 31, 1937. Dec. 31, 1936. RESOURCES: Loans and Discounts____________________________________ $ 78,856,111.63 State of Georgia and Municipal Bonds owned 3,080,431.50 U. S. Government Securities owned ___ 14,674,165.07 Other Stocks and Bonds owned__ 8,580,369.23 Banking House and Lot; Furniture and Fixtures ___ ______________ ______________ 5,192,344.99 Other Real Estate owned __________________________ 5,078,270.44 Cash in Vault and Amount due from ap- proved Reserve Agents; Checks for Clear- ing and due from other Banks; Cash Items 44,958,223.12 Overdrafts __ 55,190.89 Customers Liability on Letters of Credit and Acceptances ___________________________________ _ 71,168.20 Other Resources 528,403.50 $ 62,616,463.42 4,530,728.89 18,745,094.74 8,279,020.94 5,084, 733.70 5,274,769.36 59,151,566.52 214,004.88 49,701.64 1,144,426.06 TOTAL ______ $161,074,678.5 7 $165,090,510.15 LIABILITIES: Capital Stock Capital Notes _____ ____ __________ _____________ $ 13,877,000.00 ______________________ _ 2,088,050.00 Surplus Fund ----------------------------------- 8,111,147.07 Undivided Profits ________________ _________________ 2,947,925.74 Reserve Funds _____________________________________ 1, 702,550.29 Due to Banks __________________________________ 11,005,707.71 Dividends Unpaid _____________________________________ 463,254.47 Cashier's and Certified Checks_____________________ 573,908.31 Demand Deposits _____________________ 71,806,396.61 Time Certificates of Deposit _____________________ 11,767,820.64 Savings Deposits __ ____ __________________________ 34,596,442.67 Letters of Credit and Acceptances executed for Customers ________________________________ 71,168.20 Bills Payable and Notes and Bills Redis- counted ______________ ________________ 947,913.34 Other Liabilities ___________________________________________ 1,115,393.52 $ 13,531,000.00 2,438,500.00 7,676,678.90 2,380,145.42 1,458,532.17 16,473,842.69 420,061.25 815,442.49 71,590,520.47 15,636,839.88 30,827,282.06 49,701.64 192,762.45 1,599,200. 73 TOTAL ____________________________ -----------------------$161,074,678.57 $165,090,510.15 XVIII DEPARTMENT OF BANKING Exhibit "S." COMPOSITE STATEMENT OF EARNINGS OF STATE BANKS IN GEORGIA FOR THE CALENDAR YEAR ENDED DECEMBER 31, 1937. CURRENT OPERATING EARNINGS: Interest and discount on loans______________________________$4,657 ,048.80 Interest and dividends on securities____________________ 1,517,809.95 Commissions, fees, and collection, exchange, and service charges _______________ _________________ ___________ 1,041,899.72 Other current operating earnings _______________________ 1,123,821.41 Gross Current Operating Earnings____________________ CURRENT OPERATING EXPENSES: Interest on time and savings deposits____ __________ $ 964,800.65 Interest and discount on borrowings _____________ _ 102,655.23 Salaries, wages, and fees-total _________________________ 2,176,544.64 Taxes (other than on income) ______________________________ 567,585.34 Other expenses of occupancy and maintenance of banking quarters ___________________________________________ 218,842.51 Other current operating expenses ____________ 1,156,796.77 $8,340,579.88 Total Current Operating Expenses_______________________ $5,187,225.14 NET CURRENT OPERATING EARNINGS____________ $3,153,354.7 4 PROFITS ON ASSETS SOLD OR EXCHANGED, RECOVERIES, AND REDUCTIONS IN VALUATION ALLOWANCES: Profits on securities sold or exchanged ___ $ 194,555.87 Profits on other assets sold or exchanged___ 41,622.86 Recoveries and reductions in valuation allow- ances on loans_______________ _________________ 236,422.16 Recoveries and reductions in valuation allowances on securities . __________________________ 25,070.80 All other recoveries and reductions in valuation allowances ____ ___ _________________ ________________ ___ 5 34,5 6 6. 51 Total Profits on Assets Sold or Exchanged, Recoveries, and Reductions in Valuation Allowances _________ _______________________________ __ SUB-TOTAL LOSSES, CHARGE-OFFS, AND ADDITIONS TO VALUATION ALLOWANCES: On Loans _____________ - ----------- --- ---- ---- $ 591,404.43 On securities 211,207.48 All other losses, charge-offs, and additions to valuation allowances_ 1,225,228.89 $1,032,238.20 $4,185,592.94 Total losses, Charge-Offs, and Additions to Valuation Allowances ____ NET PROFITS BEFORE INCOME TAXES AND DIVIDENDS INCOME TAXES, FEDERAL AND STATE _ $2,027,840.80 $2,157,752.14 221,448.03 NET PROFITS AFTER INCOME TAXES CASH DIVIDENDS DECLARED AND IN- TEREST PAID ON CAPITAL-TOTAL____ NET PROFITS AFTER DIVIDENDS $1,936,304.11 $1,113,325.36 $ 822,978.75 EIGHTEENTH ANNUAL REPORT 1 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF ACWORTH Acworth, Ga. As called for by the Superintendent of Banks. A. J. DURHAM, J. E. CARNES, President. Cashier. Date of Charter: 10-31-1905 Began Business: 12-19-1905 RESOURCES: Loans and Discounts ----------- $ 77,383.21 State of Georgia f}nd Municipal Bonds owned ----------------------- _____ _ 5,171.29 u. S. Government Securities owned 10,600.00 Other Stocks and Bonds owned Banking House and Lot-- None 2,000.00 Furniture and Fixtures __ 1,843.37 Other Real Estate owned- 6,258.34 Cash in Vault and Amount due from approved Reserve Agents_ 73,175.82 Checks for Clearing and Due from other Banks - 362.43 Cash Items Overdrafts None 429.45 Advance on Cotton and other Commodities None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss None Other Resources ------------------ 11.49 LIABILITIES: Capital Stock ---------- s 25,000.00 Capital Notes None Surplus Fund - 5,000.00 Undivided Profits 3,073.24 Reserve Funds 466.24 Due to Banks - None Dividends Unpaid _________ ------ 750.00 Cashier's Checks 440.% Certified Checks ).Jone Demand Deposits 83,859.94 Time Certificates of Deposits 58,645.02 Savings Deposits None L(>tters of Credit and Acceptances executed for Customers None Dills Payable None Notes and Bills Rediscounted None Other Liabilities ------------------- ______ _ None Total ..... 8177,235.40 Total ------ ... $177 ,2 3 5.4 0 STATEMENT Showing condition at the close of Business December 31, 1937, of the S. LEMON BANKING CO. Acworth, Ga. As called for by the Superintendent of Banks. W. HILTON NICHOLS, President. Date of Charter: 12-18-1906 LEMON M. AWTREY Cashier. Beg-an Business: 1-1-1907 RESOURCES: Loans and Discounts --------S 76,731.65 State of Georgia and 1\-lunicipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned _ None Banking House and Lot - 2,500.00 Furniture and Fixtures 2,250.00 OthPr Re_al Estate owned __ 8,817.37 Cash in Vault and Amount due from approved Reserve Agents 31,432.49 Checks for Clearing and Due from other Banks 537.37 Cash Items None Overdrafts 726.66 Advance on Cotton and other Com- modities 6,342.18 Customers Liability on Letters of Credit and Accept_ances 1,147.43 Profit and Loss ---------------- - None Other Resources 238.81 Total _________ $13 0, 7 2 3. 9 6 LIABILITIES: Capital Stock s 20,000.00 Capital Notes 15,000.00 Surplus Fund None Undivided Profits 3,616.57 Reserve Funds None Due to Banks None Dividends Unpaid None CashiPr's Checks 1,205.78 Certified Checks None Demand Deposits 42,469.16 Time CertifiGates of Deposits :15,673.16 Savings Deposits 12,7 59.29 Letters of Credit and Acceptances exr_,cuted for Customers __ None Bills Payable None Notes and BiliB Rediscounted None Other Liabilities None o, Total ------------~----------- -----------------~-------S 13 7 2 3. 9 6 2 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF ADAIRSVILLE Adairsville, Ga. As called for by the Superintendent of Banks. M. P. GAINES, 0. B. BISHOP, President. Cashier. Date of Charter: 3-21-1899 Began Business: 3-24-1899 RESOURCES: Loans and Discounts __________ $ 59,703.16 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stccks and Bonds owned __ 2,860.00 Banking House and Lot-- 3,100.00 Furnitu-re and Fixtures 1,400.00 Other Real Estate owned ____ _ None Cash in Vault and Amount due from approved Reserve Ag-ents 110,075.85 Checks for Clearing and Due from other Banks - None Cash Items None Overdrafts None Advance on Cotton and other com- modities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources None Total $177,139.31 LIABILITIES: Capital Stock ___ $ 25,000.00 Capital Notes None Surplus Fund 5,000.00 Undivided Profits 2, 764.87 Reserve Funds None Due to Banks None Dividends Unpaid None Cashier's Checks None Certified Checks 1,560.60 DPmand Deposits 122,001.01 Time Certificates of Deposits __ 20,812.83 S.a vings Deposits None Leti,:rs of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted None Other Liabilities _ None Total -------$177,139.31 STATEMENT Showing condition at the close of Business December 31, 1937, 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 _____ $ 51,941.17 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 15,000.00 Other Stocks and Bonds owned __ None Banking House ::tnd Lot____ 1,600.00 Furniture and Fixtures 500.00 Other Real Estate owned___ ______ _ None Cash in Vault and Amount due from approved Reserve Agents __ 204,601.66 Checks for Clearing and Due from other Banks ---------------- 2,526.24 Cash Items 131.65 Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credits and Acceptances None Profit and Loss __ None Other Resources --- None Total ---- ---------------------- _____ $27 6,3 00.72 LIABILITIES: Canital Stock - $ 25,000.00 Capital Notes None Surplus Fund 5,000.00 Undivided Profits 5,122.13 Reserve Funds 1,161.33 Due to Banks None Dividends Unpaid 2,000.00 Cashier's Checks 2,055.01 Certified Checks None Demand Deposits 219,081.48 Time Certificates of Deposits _ 16,880.77 Savings Deposits ------ ------ -- --------- None Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted __ - None Other Liabilities ----------- None Total ___ $276,300.72 EIGHTEENTH ANNUAL REPORT 3 STATEMENT Showir:g condition at the dose of Business December 31, 1937, of the MONTGOMERY COUNTY BANK Ailey, Ga. As called for by the Superintendent of Banks. W. J. PETERSON, MISS MARY SMITH, President. Date of Charter: 2-24-2 6 Cashier. Began Business: 3-1-26 RESOURCES: Loans and Discounts _S State- of Georgia and Municipal Bonds owned U. S. Government Securities owned Other Stocks and Bonds O\Vned __ Banking House and Lot Furniture and Fixtures Other Real Estah~ owned_ Cash in Vault and Amount due from approved Reserve Agents __ Checks for Clearing and Due from oth('r Banks Cash Items Overdrafts Advance on Cotton and other Com- modities - Customers Liability on Letters of Credit and Acceptances Profit and Loss __ Other Resources 33,326.00 None 5,250.00 3,000.00 None 1.00 1.00 97,293.19 None None None 6,001.61 None None 100.00 Total --- ------3144,972.80 LIABILITIES: Capital Stock - -- $ 15,000.00 Capital Notes None Surplus Fund 5,000.00 Undividtd Profits 1,000.00 Reserve Fund None Due to Banks None Dividends Unpaid 750.00 Cashi.,r's Checks 34.00 Certified Checks None Demantl Deposits 115,422.86 Time Certificates of Deposits __ 7, 765.94 Savings Deposits None Letters of Credit and Acceptances cxecutt:d for Customers __ None lli!ls Payable None Notes and Bills Rediscounted None Other Liabilities --------------- -------------- None Total ------------------------- --------------814 4, 9 72.8 0 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF ALAPAHA Alapaha, Ga. As called for by the Superintendent of Banks. F. 0. BAKER, J. A. CULPEPPER, President. Cashier. Date of Charter: 3-4-1905 Began Business: 3-25-1905 RESOURCES: Loans and Discounts $107,R74.2,1 State of Georgia and Municipal Bonds ownPrl None U. S. Government Securities owned 20,033.75 Other Stocks and Bonds owned __ None Banking House and Lot__ 3,125.00 Furniture and Fixtures 2,000.00 Other Real Estate owned None Cash in Vault and Amount due from approved Reserve Agents 143,277.n6 Checks for Clearing- and Due from other Banks None Cash Items 13.90 Overdrafts --- None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances _ None Profit and Loss None OtheT Resources None Total . $276,324.85 LIABILITIES: C3pital Stock -----------S 30,000.00 Capital Notes None Surplus Fund 15,000.00 Und.ivic1ed Profits 13,872.96 RcserYe Funds 2,62H.25 Dae to Banks None Divitlends Unpaid None C:u;hicr's Checks 147.47 Cer'<-ified Checks 1,300.00 Demand Deposits 143,911.79 Time Certificates of Deposits 6~.-163.38 Savings Deposits None Leiters of Credit and Acceptftnces executed for Customers None Dills Payable None Notes and Bills Rediscounted None Other Liabilities None Total $276,324.85 4 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the ALBANY TRUST & BANKING COMPANY Albany, Ga. As called for by the Superintendent of Banks. A. P. VASON, C. L. NEUMAN President. Cashier. ' Date of Charter: 6-13-1905 Began Business: 6-1905 RESOURCES: Loans and Discounts _______________ ----- S422,532.70 State of Georgia and Municipal Bonds owned ----------------- None U. S. Government Securities owned 30,100.00 Other Stocks and Bonds owned . None Banking House and Lot 24,323.28 Furniture. and Fixtures - 742.14 Other Real Estate owned 18,450.00 Cash in Vault and Amount due from approved Reserve Agents 25,471.50 Checks for CIE'aring and Due from other Banks None Cash Items None Overdrafts None Advances on Cotton and other Commodities ------------- None Customers Liability on Letters of Credit and Acceptances - None Profit and Loss None Other Resources None Total -- -. -------- ----------- ...... $521,619.62 LIABILITIES: Capital Stock -- s100,000.00 Capital Notes ------- -------- 50,000.00 Surplus Fund ----------------- 20,000.00 Undivided Profits ----------- 6,536.77 Reserve Funds 120,242.67 Due to B;mks ---------------------- -- None Dividends Unpaid 4,000.00 Cashier's Checks None Certified Checks None Demand Deposits None Time Certificates of Deposits __ 60.201.18 Savings Deposits 150,63~.00 LPttcrs of Credit and Acceptances executed for Customers __ None Bills Payable None N otcs and Bills Rediscounted _ None Other Liabilities 10,000.00 Total $521,610.62 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF COMMERCE Americus, Ga. As called for by the Superintendent of Banks. CHARLES F. CRISP, H. P. ANDERSON, President. Cashier. Date of Charter: 10-13-1891 Began Business: 1-2-1892 RESOURCES: Loans and Discounts --------- $898,457.66 State of Georgia and Municipal Bonds owned 174,955.44 U. S. Government Securities owned 353,284.00 Other Stocks and Bonds owned-- 55,350.00 Banking House and Lot, Furniture and Fixtures 15,000.00 Other Real Estate owned 15,553.37 Cash in Vault and Amount due from approved Reserve Agents 532,D38.03 Checks for Clearing and Due from other Banks _- - 19,523.22 Cash Items -------------------.-- None Overdrafts ----------------------- None Advances on Cotton ---- 4,044.67 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss __ None Other Resources -------------------- None Total ------------------ -------------$ 2,0 6 9,1 0 6. 39 LIABILITIES: Capital Stock ---------------- ..$ 65,000.00 Capital Notes ----------- ___ None Surplus Fund 200,000.00 Undivided Profits 107,576.26 Reserve Funds None Due to Banks None Dividends Unpaid None Cashier's Checks 3,6S0.99 Certified Checks None Demand Deposits ---- -------------- 1,057.24S.78 Time Certificates of Deposits 209,577.68 Savings Deposits 426,022.68 Letters of Credit and Acceptances executed for Customers None Bills Payable ------------------------ None Notes and Bills Rediscounted_ None Other Liabilities None Total ------------------- ___________ $ 2,0 6 9' 1 0 6. 39 EIGHTEENTH ANNUAL REPORT 5 STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS BANK OF AMERICUS Americus, Ga. As called for by the Superintendent of Banks. LEE HUDSON, J. D. SHEPARD, President. Cashier. Date of Charter: 2-20-1937 Began Business: 3-25-1937 RESOURCES: Loans and Discounts _______ $143,432.96 State of Georgia and Municipal Bonds owned __ None U. S. Government Securities owned None Other Stocks and Bonds owned Banking House and LoL_ None None Furniture and Fixtures 2,007.49 Other Real Estate owned None Cash in Vault and Amount due from approved Reserve Agents 55,378.00 Checks for Clearing and Due from other Banks ---------------- 7,485.94 Cash Items ----------------- 76.00 Overdrafts ---- ----------- 1.96 Advance on Cotton and other Commodities None Customers Liability on Letters of Credit and Acceptances ___ None Profit and Loss 1,555.89 Other Resources 64.99 Total ----------------- .$210,003.23 LIABILITIES: Capital Stock ------------ ___ _____ ------$ 50,000.00 Capital Notes None Surplus Funds 10,000.00 Undivided Profits None Reserve Funds None Due to Banks None Dividends Unpaid None Cashier's Checks 42.65 Certified Checks None Demand Deposits 127,030.75 Time Certificates of Deposits __ ll,R90.00 Savings Deposits 11,039.83 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bi1ls Rediscounted __ None Other Liabilities ---------- -------- None Total ---------------- .. $210,003.23 STATEMENT Showing condition at the close of Business December 31, 1937, of the BOSTWICK BANKING COMPANY Arlington, Ga. As called for by the Superintendent of Banks. W. E. BOSTWICK, JR., CARL CLEMENTS, President. Cashier. Date of Charter: 8-27-1935 Began Business: 3-1-1936 RESOURCES: Loans and Discounts ------ ----- $ 52,87 4.46 State of Georgia and Municipal Bonds owned - 1,927.86 U. S. Government Securities owned 5,064.28 Other Stocks and Bonds owned-- None Banking House and Lot ____ _ 1,300.00 Furniture and Fixtures ------------------- 1,300.00 Other Real Estate owned- None Cash in Vault and Amount due from approved Reserve Agents 22,194.73 Checks for Clearing and Due from other Banks 605.69 Cash Items ------------------ None Overdrafts ------ 7.49 Advance on Cotton and other Com~ modities --- ------------------------ 33,203.05 Customers Liability on Letters of Credit and Accept~nces None Profit and Loss -------------------- None Other Resources _- --------------- None Total ------------------------------- ____________$118' 4 7 7. 56 LIABILITIES: Capital Stock ------------------------ --------S 15,000.00 Capital Notes None Surplus Funds 3,000.00 Undivided Profits None Reserve Funds _ ------------------------ 2,712.04 Due to Banks None Dividends Unpaid 900.00 Cashier's Checks None Certified Checks None Demand Deposits 96,415.79 Time Certificates of Deposits _____ _ None Savings Deposits None Letters of Credit and Acceptances executed for Customers None Bills Payable --------------------~- None Notes and Bills Rediscounted None Other Liabilities 449.73 Total --------------------------------- ---------$118,4 7 7. 56 6 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the ASHBURN BANK AshbUIn, Ga. As called for by the Superintendent of Banks. C. E. THRASHER, R. H. GREEN, President. Cashier. Date of Charter: 7-3-1900 Began Business: 7-1900 RESOURCES: Loans and Discounts __ $142,380.35 State of Georgia and 1\-:iunicipal Bonds owned None U. S. Government Securities owned 33,825.00 Other Stocks and Bonds owned None Banking House and Lot None Furniture and Fixtures __ 2,357.22 Other Real Estate owned 7,900.00 Cash in Vault and Amount due from approved Reserve Agents __ 83,440.68 Checks for Cle_aring and Due from other Banks - ---------- -- --------- - 1,002.84 Cash Items - ------------- --------------- 201.50 Overdrafts None Advance on Cotton and other Com- modities 120,923.60 CustomPrs Li.ability on Letters of Credit and Acceptances _ None Profit and Loss ----------------- None Other Resources ----------------- None Total .. $392,031.19 LIABILITIES: Capj1..al Stock ---- 8 25,000.00 Capital Notes 10,000.00 Surplus Fund 25,000.00 UndiviJed Profits 36,249.60 Reserve Funds Due to Banks ------------------------ 5'27N:>~nG;? Dividend~ Unpaid -------- -------- None Cashier's Checks 651.32 Certified Checks None Demand Deposits 190,087.87 Time Certificates of Deposits- 17,5:30.24 Savings Deposits 49,739.54 Letters of Credit and Acceptances exeeuted for Customers None Bills Payable 12,500.00 Notes and Bills Rediscounted- 20,000.00 Other LiabiJities None Total ........ S3n,031.19 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE CITIZENS BANK OF ASHBURN Ashburn, Ga. As called for by the Superintendent of Banks. D. H. DAVIS, K. P. BAKER, President. Cashier. Date of Charter: 7-27-1905 Began Business: 10-25-1905 RESOURCES: Loans and Discounts . $111,923.00 State of Georgia and Municipal Bonds owned 2,000.00 U. S. Government Securities owned 11,700.00 Other Stocks and Bonds owned __ None Banking House and LoL_ 10,000.00 Furniture and Fixtures __ 2,500.00 Other Real Estate owned__ 2,065.65 Cash in Vault and Amount due from approved Reserve Agents__ 118,571.14 Checks for Clearing and Due from other Banks - 127.10 Cash Items ................. .. 338.73 Overdrafts - - ------------------ ------ None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss ------------------ None Other Resources ----------- ----- None Total ...................................... $259,225.62 LIABILITIES: Capital Stock --------$ 25,000.00 Capital Notes None Surplus Funds 30,000.00 Undivided Profits 20,211.00 Reserve Funds 1,100.00 Due to Banks 10,138.90 Dividends Unpaid None Cashier's Checks 1,668.16 Certified Checks 592.00 Demand Deposits 112,7<6.-!8 Time Certificates of Deposits-- 21,584.74 Savings Deposits 36,154.34 Letters of Credit and Acceptances executed for Customers ____ _ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total ..................................... $259,225.62 EIGHTEENTH ANNUAL REPORT 7 STATEMENT Showing condition at the close of Bu5iness December 31, 1937, of the AMERICAN SAVKNGS BANK Atlanta, Ga. As called for by the Superintendent of Banks. J. G. ST. Al',IAND, EUGENE G. \VEBB, President. Cashier. Date of Charter: 12-27-1886 Began Business: 1887 RESOURCES: Loans and Discounts _____ 8763,7 44.42 State of Georgia and Municipal Bonds owned ------------------------------ None u. s. Government Securities owned 225,573.14 Other Stocks and Bonds owned__ None Banking- House and Lot 133,110.20 Furniture and Fixtures 3,000.00 Other Real Estate owned 72,637.83 Cash in Vault and Amount due from approved Reserve Agents 29,517.01 Checks for Clearing and Due from other Banks 1,257.40 Cash Items ---------------------------- 79.50 Overdrafts __ ------------------------------ None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances - None Profit and Loss ------------------------------ None Other Resources __________________ ---------- 3,060.68 Total ________ $1 ,2 31,989.18 LIABILITIES: Capital Stock --------------------------- ______ S2 0 0. 0 0 0. 0 0 Capital Notc>s None Surplus Fund 100,000.00 Undivided Profits 5,143.70 Heserve Funds 5,390.00 Due to Danks None Divldt~nds Unpaid None Cashier's Checks None Certified Checks --------------------- None Demand Deposits --------------------- None Time Certificates of Deposits __ 140,214.60 Savings Deposits 507,2'00.55 Letters of CrE>dit and Acceptances executed for Customers __ None Dills Payable 125,000.00 Notes and Bills Rediscounted __ None Other Liabilities ------ .------ 148,970.33 Total ------------------------------- s1,2 31' 9 89.18 STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS TRUST COMPANY Atlanta, Ga. As called for by the Superintendent of Banks. A. T. vVALDEN, L. D. MILTON, President. Cashier. Date of Charter: 7-16-1921 Began Business: 8-16-1921 RESOURCES: Loans .and Discounts --- ____ $167,283.18 State of Georgia and Municipal Bonds owned 1.000.00 U. S. Government Securities owned 56,412.74 Other Stocks and Bonds owned __ 169,827.98 Banking House and Lot-------------- None Furniture and Fixtures-- 15,039.00 Other Real Estate owned_ 31,668.75 Cash in Vault and Amount due from approved Reserve Agents 45,378.60 Checks for Clearing and Due from other Banks 834.87 Cash Items _ None Overdrafts None Advance on Cotton and other Com- m.odities None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss __ None Other Resources . 6,083.44 Total ----------- $49 3, 52 8.5 6 LIABILITIES: Capital Stock ----------------------------------8 50,000.00 Capital Notes 25,000.00 Surplus Fund 7,000.00 Undivided Profits 1,270.19 Reserve Funds 973.42 Due to Banks ------------------ None Dividends Unpaid None Cashier's Checks 4,167.73 Certified Checks ------------------ 958.80 Demand Deposits -------------------------- 96,240.63 Time Certificates of Deposits-- 5,105.42 Savings Deposits 297,850.19 Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities 4,962.18 Total ----- ---------------------------- _______________ 34 9 3,52 8.56 8 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the EAST ATLANTA BANK Atlanta, Ga. As called for by the Superintendent of Banks. M. A. THOMPSON, E. J. STRIPLIN President. Cashier. ' Date of Charter: 11-11-1910 Began Business: 11-15-1910 RESOURCES: Loans and Discounts ---$249,917.41 State of Georgia and Municipal Bonds ownerl ___________________ ---- __ 23,800.00 U. S. Government Securities owned 25,000.00 Other Stocks and Bonds owned __ 5,000.00 Banking House and Lot__ 10,173.74 Furniture and Fixtures _ 5,203.38 Other Real Estate owned ____ _ 3,052.99 Cash in Vault and Amount due from approved Reserve Agents__ 160,610.75 Checks for Clearing and Due from other Banks 12,923.52 Cash Items 436.15 Overdrafts ------------------ -------------- ---- None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances.... None Profit and Loss ---------------Other Resources ___________________ _ None None Total ----------------- ______ $496,117.94 LIABILITIES: Capital Stock Capital Notes Surplus Fund Undivided Profits Reserve Funds Due to Banks ------------------Dividends Unpaid Cashier's Checks Certified Checks Demand Deposits 25,000.00 14,900.00 5,000.00 1,354.76 3,900.00 None 1,000.00 4,795.88 None 198,385.76 Time Certificates of Deposits _____ 15,509.27 Savings Deposits 226,272.27 Letters of Credit and Acceptances executed for Customers None Bills Payable -------------------------- None Notes and Bills Rediscounted None Other Liabilities ---------------------------- None Total ------------------------------------- -------- -- $ 4 9 6,11 7. 9 4 STATEMENT Showing condition at the close of Business December 31, 1937, of the GEORGIA SAVINGS BANK & TRUST CO. Atlanta, Ga. As called for by the Superintendent of Banks. GEORGE M. BROWN, C. P. HUNTER, President. Cashier. Date of Charter: 10-26-1889 Began Business: 9-1-1899 RESOURCES: Loans and Discounts $1,262,351.85 State of Georgia and Municipal Bonds o'vned None U.S. Government Securities owned 80,000.00 Other Stocks and Bonds owned 2,602,320.41 Banking House and LoL 425,916.33 Furnitu-re and Fixtures__ 7,291.31 Other Real Estate owned__ 251,966.78 Cash in Vault and Amount due form approved Reserve Agents 203,058.80 Checks for Clearing and Due from other Banks __ ------------------ 16,464.20 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 ----------------- None Total ------------$4,849,3 69.68 LIABILITIES: Capital Stock ------------------ ______ $ 500,000.00 Capital Notes 497,500_00 Surplus Fund 100,000.00 Undivided Profits ----------------------- 110,979.17 Reserve Funds 102,000.00 Due to Banks .. --------------------- None Dividends Unpaid ---- 104.00 Cashier's Checks --- None Certified Checks None Demand Deposits 73,220.00 Time Certificates of Deposits 394,885.33 Savings Deposits 2,871,691.50 Letters of Credit and Acceptances executed for Customers __ None Bills Payable --------------------- None Notes and Bills Rediscounted __ None Other Liabilities ______ --------- _ 198,989.68 Total ----------------------------------------------$4,8 4 9, 3 6 9. 6 S EIGHTEENTH ANNUAL REPORT 9 STATEMENT Showing condition at the close of Business December 31, 1937, of 1the THE MORRIS PLAN BANK OF GEORGIA Atlanta, Ga. As called for by the Superintendent of Banks. GEORGE WINSHIP, C. T. GREER, President. Exec. V. P. & Treas. Date of Charter: 11-27-1933 Began Business: 12-5-1933 RESOURCES: Loans and Discounts --- .$1,364,141.73 State of Georgia and Municipal Bonds o\vned None U. S. Government Securi- ties o\vned __ _ 83,820.52 Other Stocks and Bonds owned._ 20,564.22 Banking House and Lot __ None Furniture and Fixtures __ 7,095.57 Other Real Estate owned 38,572.76 Cash in Vault and Amount due from approved Reserve Agents 106,925.02 Checks . for Clearing and Due from other Banks __ 8,170.24 Cash Items 32.25 O,erdrafts None Advance on Cotton and other Commodities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources 1,650.52 Total --- _ S1,630,972.B3 LIABILITIES: Capital Stock _ ------------ -------S 200,000.00 Capit;:~l Notes None Surplus Fund 50,000.00 Undivided Profits 30,473.09 Reserve Funds --------- --------- _____ _ 67,722.94 Due to Banks None Dividends Unpaid None Cashier's Checks 10,098.14 Certified Checks 3.95 Demand Deposits 16,812.04 Time Certificates of Deposits _ 47,022.50 Savings Deposits 1,208,189.79 Lettprs of Credit and Acceptances executed for Customers _ None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities 650.38 Total $1,630,972.83 STATEMENT Showing condition at the close of Business December 31, 1937, of 1the THE PEOPLES BANK Atlanta, Ga. As called for by the Superintendent of Banks. R. R. LANHAM, R. T. LEPPERT, President. Cashier. Date of Charter: 8-13-1935 Began Business: 8-31-1935 RESOURCES: Loans and Discounts_ _____ $153,619.39 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned __ None Banking House and Lot _______ -- None Furniture and Fixtures ---------- None Other Real Estate owned - None Cash in Vault and Amount due from approved Reserve Agents __ 15,829.19 Checks for Clearing and Due from other Banks -- --------------- None Cash Items None Overdrafts ------- None Advance on Cotton and other Com- m-odities None Customers Liability on Letters of Credit and Acceptances ___________ None Profit and Loss ----------------- None Other Resources 1,076.89 Total .$170,525.47 LIABILITIES: Capital Stock Capital Notes Surplus Funds Undivided Profits Reserve Funds Due to Banks _ Divi(lends Unpaid Cashier's Checks Certified Checks Demand Deposits Time Certificates of Deposits Savings Deposits Letters of Credit ~nd Acceptances executed for Customers Bills Payable Notes and Bills Rediscounted __ Other Liabilities -------- 50,000.00 None 8,105.71 19,494.00 None None None None None None None 28,567.31 None 221.00 41,785.62 22,351.83 Total - ..$170,525.47 10 DEPARTMENT OF BA~':KING ------------------------------------------- STATElMENT Showing condition at the dose of BL,dness December 31, 1937, of the SOUTH S!DE ATLANTA BANK 1713 Lakewoo:l Ave., Atlanta, Ga. As called for by the Superintendent of Banks. WALTER ESTES, E. COWAN, President. Cashier. Date of Charter: G-24-1929 Began Business: 7-1-1929 RESOURCE~,: Loans and Discounts S )6,387.20 State of Georgia and Municioal llondD O\vncd 44,958.02 U. S. Government Securities O\vned 80,180.52 Other Stoeks and Bonds ownetl 7,197.50 Banking House anrl Lot_ 8,250.00 F 1urniture and Fixtures __ _ 1,SDO.OO Other Real Estate owned _- 14,777.71 Cash in Vault and Amount rlue from approved Reserve Agents 55,163.63 Checks for Clearing and Due from other Banks 4,037.21 Cash ltcms None Overdrafts None Advance on Cotton and other Com- modities 2,235.60 Customers Liability on Letters of Credit and Acceptances ___ _ None Profit and Loss __ None Other Resources ----------------- 12,633,54 Total $327,711.02 LIABILITIES: Ca;)iial Stock ---- :3 25,000.00 Capital Xotes None Su~r~lns Fund 5,000.00 Pnt_liYided Profits 3~6.01 Rest?rve Funds None Due to Banks None Diviaenrls Unpaid 1,000.00 Cashier's Checks 281.18 ~ertificd Cht?cks None Dcmnnrl Deposits 15!3,653.47 Time- Certificates of Deposits 23.00 Savings Deposits . 135,772.68 LE.tte:rs of Credit and Acceptances executed for Customers __ None Bill' Paye ble None N OtE:Os and Bills Rediscounted _ None Other Liabilities 594.68 Total -- $327.711.02 STATEMENT Showing condition at the close of Business December 31, 1937, of the SOUTHERN SAVINGS BANK Atlanta, Ga. As called for by the Superintendent of Banks. J. G. BURCKHARDT, JR., BESSIE BRYAN, President. Cashier. Date of Charter: 12-5-1934 Began Business: 1-1-1935 RESOURC>~S: Loans and Discounts__ _ $325,308.42 Sfate of Georgia and l'vlunicipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned _ None Banking House and Lot__ None Furniture and Fixtures _ 624.33 Other Real EstJite owned None Cash in Vault and Amount due from approved Reserve Agents 9,279.76 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss-- None Other Resources 345.60 Total -- ---- .. S335,558.11 LIABILITIES: Ca~Jital Stock ------- ---S 50,000.00 Cserve Funds 173,126.22 DuC' to Banks ----------------------- 7,604,827.06 Dividends Unpaid 260,000.00 Cashier's Checks ____________________ _ None Certified Checks None Demand Deposis 12,267,948.65 Time Certificates of Deposits ____ 551,855.97 Savings Deposits 1,227,024.00 Letters of Credit and Accept- ances executed for Customers None Bills Payable None Notf's and Bills Redh:;counted ___ _ None Other Liabilities 624,766.94 Total ------------------------- _____ $2 7,2 61,37 3.91 STATEMENT Showing condition at the close of Business December 31, 1937, of the GEORGIA RAILROAD BANK & TRUST COMPANY Augusta, Ga. As called for by the Superintendent of Banks. C. H. PHINIZY, SHERMAN DRAWDY, President. Cashier. Date of Charter: 11-15-1892 Began Business: 12-31-1892 RESOURCES: Loans and Discounts ------------------55,507,219.54 State of Georgia and Municipal Bonds owned 482,107.42 U. S. Government Securities owned 977,291.49 Other Stocks and Bonds owned 174,204.99 Banking House and Lot __ 150,979.57 Furniture and Fixtures 18,727.91 Other Real Estate owned __ 163,989.79 Cash in Vault and Amount due from approved Reserve Agents 2,147,439.38 Checks for Clearing and Due from other Banks ------------------- 177,366.87 Cash Items ----------------------- 20,348.33 Overdrafts 193.84 Advance on Cotton and other Commodities None Customers Liability on Letters of Credit and Acceptances ______ 51,990.00 Profit and Loss ________________ None Other Resources 41,373.80 Total _____________________________________ $ 9, 913,2 3 2. 9 3 LIABILITIES: Capital Stock _______ $ 750,000.00 Capital Notes --------------------------- None Surplus Fund __ ________ _______ 300,000.00 Undivided Profits ____________________ 178,245.53 Reserve Funds ________________ Due to Banks_______________________ 3,900.00 1,936,687.06 Dividends Unpaid __ Cashier's Checks ________ ,______________ None 30,129.88 Certified Checks _ -------------------------- 2,269.35 Dem.and Deposits ---------------- 3,012,052.10 Time Certificates of Deposits.... 940.09 Savings Deposits 3,647,018.92 Letters of Credit and Acceptances executed for Customers__ 51,990.00 Bills Payable None Notes and Bills Rediscounted.... None Other Liabilities ------------------- None Total - ______________________________________ $9,913,232.93 12 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the REALTY SAVINGS BANK Augusta, Ga. As called for by the Superintendent of Banks. J. LEE ETHEREDGE, L. W. LYETH, President. Cashier. Date of Charter: 12-23-1933 Began Business: 12-30-1933 RESOURCES: Loans and Discounts --- ------ _______ $ State of Georgia and Municipal Bonds owned U. S. Government Securities owned Other Stocks and Bonds owned B.anking 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 862,805.17 None 73,271.20 4,996.39 16,773.96 LOO 153,502.24 35,744.24 10,371.85 None None None None None 3,250.50 Total ----- ___ $1,160,716.55 LIABILITIES: Capital Stock ---- ______ $ Capital Notes Surplus Fund Undivided Profits --------------------- ____ Reserve Funds Due to Banks Didctends Unpaid Cashier's Checks Certified Checks Demand Deposits Time Certificates of Deposits____ Savings Deposits LC'tters of Credit and Accept- ances executed for Customers Bills Payable Notes nnd Biils Rediscounted ____ Other Liabilities 100,000.00 100,000.00 28,000.00 10,624.66 15,11 L14 None None None None None 200, 72Q.73 701,251.02 None None None None Total -- ---- ---------------------- - . - s1' 16 0' 716.5 5 STATEMENT Showing condition at the dose of Business December 31, 1937, of the AUSTELL BANK Austell, Ga. As called for by the Superintendent of Banks. L. G. GARRETT, C. C. PERKERSON, President. Cashier. Date of Charter: 1-3-1910 Began Business: 1-10-1910 RESOURCES: Loans and Discounts~- -------------~$133,144.65 State of Georgia and Municipal Bonds owned 6,593.00 U. S. Government Securities owned 40,000.00 Other Stocks and Bonds owned 3,655.00 Banking House and Lot__ None Furniture and Fixtures 2,622.24 Other Real Est..-~te owned 11,905.71 Cash in Vault and Amount due from approvPd Reserve Agents 63,820.73 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts 263.-15 Advance on Cotton and other Com- modities 20,332.83 Customers Liability on Letters of Credit and Acceptances __ None Profit ancl Loss_ None Other Resourct:s 613.91 Total ----- ---------------- --- .. $2 8 2 '9 81.5 2 LIABILITIES: Capital Stock --------S 15,000.00 Capital Notes ----------- --- -------- 15,000.00 Surplus Fund 5,000.00 Undivided Profits 1,538.43 Reserve Funds 1,000.00 Due to Banks __ 5,000.00 Dividends Unpaid None Cashier's Checks 65.SS Certified Checks ____ --------------------------- None Demand Deposits 151,5S4.45 Time Certificates of Deposits ---- 65,528.50 Saving-s Deposits 23,264.26 Letters of Credit and Acceptances Executed for Customers __ None Bills Payable None N ctes nnd lli!ls Rediscounted_ ... None Other Liabilities No::1e Total - $282,981.52 EIGHTEENTH ANNUAL REPORT 13 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE CITIZENS BANK AND TRUST CO. Bainbridge, Ga. As called for by the Superintendent of Banks. H. L. GANS, E. F. VICKERS, President. Cashier. Date of Charter: 2-17-1920 Began Business: 12-19-1911 RESOURCES: Loans and Discounts _____________ ----~-~ $399,266.01 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 3,000.00 Other Stocks and Bonds owned _ 55,000.00 Banking House and Lot __ None Furniture and Fixtures 2,750.00 Other Real Estate owned~ 13,722.50 Cash in Vault 11nd Amount due from approved Reserve Agents 533,039.38 Checks for Clearing and Due from other Banks 1,620.88 Cash Items Overdrafts - None 520.82 Advance on Cotton and other Com- modities 25,720.63 Customers Liability on Letters of Credit and Acceptances None Profit and Loss ~~-~~~- ~-~~ --~---~~--~~-- None Other Resources 1,590.40 Total ~~~ ~~ ---~~---~-~--------~---~--$1,036,230.62 LIABILITIES: Capital Stock ~ ~ -~~-~~S 75,000.00 Capital Notes 75,000.00 Surplus Fund -~~- ~ ~-- --~~--- 15,000.00 Undivided Profits 10,365.37 Reserve Funds 8,812.50 Due to Banks None Dividends Unpaid None Cashier's Checks 3,812.83 Certified Checks None Demand Deposits --------------- __ 551,137.88 Time Certificates of Deposits ___ _ 66,063.04 Saving-s Deposits 231,039.00 Letters of Credit and Acceptances executed for Customers. _____ None Bills Payable None Notes and Bills Rediscounted_ None 0 t her Liabilities ---~--~~-------~----~~ None Total -~----~------~--- $1,036,230.62 STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS BANK Ball Ground, Ga. As called for by the Superintendent of Banks. M. G. HENDRIX, B. R. JONES, President. Cashier. Date of Charter: 9-28-1926 Began Business: 10-1-1926 RESOURCES: Loans _and Discounts - --------------------$ 84,461.77 State of Georgia and Municipal Bonds owned 15,000.00 U. S. Government Securities owned Other Stocks and Bonds owned __ 2~:m:gg Banking House and Lot-- 600.00 Furniture and Fixtures 600.00 Other Real Estate owned None Cash in Vault and Amount due from approved. Reserve Agents __ 137,259.39 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts 47.99 Advance on Cotton and other Com_ modities None Customers Liability on Letters of Credit and Acceptances _______ - None Profit and Loss None Other Resources ___ ---------------- None Total s ~ ~~--- --~------~---~-~-----~ 2 71,6 9 4.15 LIABILITIES: Capital Stock ---~S 15,000.00 Capital Notes --~----------~-~~- None Surplus Fund ----------------. 5,000.00 Undivided Profits -------------------- 13,980.35 Reserve Funds ---------------- 285.48 Due to D.anks __ None Dividends Unpaid ---------------- None Cashier's Checks None Certified Checks None Demand Deposits _____ ---------------------- 163,858.10 Time Certificates of Deposits 73,570.22 Savings Deposits None Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Rills Rediscounted_ None Other Liabilities ~~-~~--------~-~-- None Total ~----- ~------~--------------~~----., S 2 71, G9 4.15 14 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the BAXLEY STATE BANK Baxley, Ga. As called for by the Superintendent of Banks. C. A. WHITAKER, N.D. PADGETT, Vice-President. Cashier. Date of Charter: 8-23-1917 Began Business: 8-25-1917 RESOURCES: Loans and Discounts___ -- ___ $188,767.56 State of Georgia _and Municipal Bonds owned None U. S. GoYernment Securities owned 3,000.00 Other Stocks and Bonds owned __ None Banking House and Lot_. None FurnitUre and Fixtures ____ 3,800.00 Other Real Estate owned 10,800.00 Cash in Vault and Amount due from approved Rf:'serve Agents_ 176,619.93 Checks for Clearing and Due from other Banks ------- ___________________ None Gash Items None Overdrafts None Advance on Cotton and other Com~ modities None Customers Liability on Letters of Credit and Acceptances.. None Profit and Loss __ _ None Other Resources None Total -----S 382,98 7.4 9 LIABILITIES: Capitol Stock ----$ 25,000,00 Capitol Notes 25,000,00 Surplus Fund 2,000.00 Undivided Profits 66.36 Rcsen'e Funrls None Due to Banks None Dividencts Unpaid --- ------------ None Cashier's Checks 1,7Rl.97 Certified Checks None Demand Deposits 241,029.39 Time Certificates of Deposits_ 25.228.40 Savings Deposits 57,756.37 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities 2,125.00 Total ____ $382,987.49 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE BLACKSHEAR BANK Blackshear, Ga. As called for by the Superintendent of Banks. P. L. POMEROY, M. C. McALPIN, President. Cashier. Date of Charter: 9-11-1891 Began Business: 7-7-1892 RESOURCES: Loans and Discounts -------- ______ $260,524.39 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 149,437.51 Other Stocks and Bonds owned 17,547.00 Banking House and Lot-____ None Furniture and Fixtures__ 2,598.88 Other Real Estate owned. 9,100.00 Cash in Vault and Amount due from approved Reserve Agents__ 198,794.95 Checks for Clearing and Due from other Banks ---- None Cash Items .. 22.63 Overdrafts None Advance on Cotton and other Com- modities ----------------- None Customers Liability on Letters of Credit and Acceptances. Profit and Loss ______________ .. ____ None None Other Resources Total - - - - -------------------------- None ____________________$ 6 3 8, 02 5. 3 6 LIABILITIES: Capital Stock __ $ 50,000.00 Capital Notes None Surplus Fund 25,000,00 Undivided Profits 72,800.16 Reserve Funds 115.00 Due to Banks---- None Dividends Unpaid 40.00 Cashier's Checks 2 79.85 Certified Checks --- None Demand Deposits __________ ------- 325,198.52 Time Certificates of Deposits __ ---.. 164,591.83 Savings Deposits -------- None Letters of Credit and Acceptances executed for Customers _ None Bills Payable ------ None Notes and Bills Rediscounted __, __ _ None Other Liabilities ...._____________.._________ None Total ------------------- ----------..---------------$ 6 3 8, 0 2 5. 3 6 EIGHTEENTH ANNUAL REPORT 15 STATEMENT Showing condition at the close of Business December 31, 1937, of the FIRST STATE BANK Blakely, Ga. As called for by the Superintendent of Banks. W. B. HALEY, H. A. WALTON, President. Cashier. Date of Charter: 5-15-1937 Began Business: 5-15-1937 RESOURCES: Loans and Discounts---- ---------- $415,147.0D State of Georgia and Municipal U. Bso. nGdsovoewrnnmedent Securities owned 9,170.52 9,000.00 Other Stocks and Bonds owned __ None Banking House and Lot 4,075.00 Furniture and Fixtures __ 2,850.00 Other Real Estate owned __ 5,225.00 Cash in Vault and Amount due from approved Reserve Agents_ 132,184.81 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts None Adnmce on Cotton and other Com- modities -- ---------------------------------- 7,017.16 Customers Liability on Letters of CrE'dit and Acceptances - None Profit and Loss None Other Resources ------------------ 750.00 Total --- ---- .. $585,419.58 LIABILITIES: Capital Stock $100,000.00 capital Notes ___ _ None Surplus Fund ________________________________ _ 30,000.00 Undivided Profits 18,360.41 Reserve Funds _________________ . 5,500.00 Due to Banks-- None Dividends Unpaid 663.00 Cashier's Checks 550.10 Certified Checks None D('manrl Deposits 384,125.24 Time Certificates of Deposits __ 15,492.41 Savings Deposits 30,728.42 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total --------- S585,419.58 STATEMENT Showing condition at the close of Business December 31, 1937, of the FANNIN COUNTY BANK Blue Ridge, Ga. As called for by the Superintendent of Banks. J. M. EATON, SR., W. E. HENSLEE, President. Cashier. Date of Charter: 5-28-1916 Began Business: 6-6-1916 RESOURCES: Loans and Discounts _ 85,984.39 State of Georgia and Municipal Bonds O\vned 23,88R.45 U. S. Government Securities owned 16.656.50 Other Stocks and Bonds owned 30,886.8G Banking House and Lot__ 17,250.00 Furniture and Fixtures __ _ 5,750.00 Other R('al Estate owned __ 18,120.00 Cash in Vault and Amount due from approved Reserve Agents __ 114,655.7 5 Checks for Cle.aring and Due from other Banks 11,468.80 Cash Items __ _ 8.23 Overdrafts 63.99 Advance on Cotton and other Com- modi\-ies ------------ ----- -- -- None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss --------------- None Other Resources 1,029.44 Total ___________ $ 32 5, 7 62.41 LIABILITIES: Capital Stock ____________________________________ :;; 15,000.00 Capital Notes 12,400.00 Surplus Fund 3,000.00 Undivided Profits None Reserve Funds 2,716.00 Due to Banks_ None Dividends. Unpaid None Cashi{'r's Checks 1,004.64 Certifit>d Checks 325.06 Demand Deposits 140,9g2.51 'l'ime Ct'rtificates of Deposits __ 26,945.95 Savings Deposits 123,266.09 Letters of Credit and Acceptances executed for Customers None Bills Payahle None Notes ~nd Bills Rediscounted_ None Other Liabilities 122.16 Total -------- __ -------------------------- ___________ $ 3 2 5, 7 62.41 16 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the THE FARMERS BANK Blythe, Ga. As called for by the Superintendent of Banks. I. W. DYE, T. M. NICKLES, President. Cashier. Date of Charter: 8-28-1909 Began Business: 9-1-1909 RESOURCES: Loans and Discounts________ _____ $ 36,057.03 State of Georgia and Municipal Bonds owned 10,310.61 U. S. Government Securities owned None Other Stocks and Bonds owned __ None Banking House and Lot.. 1,75R.13 Furniture and Fixtures ..__ 607.50 Other Real Estate owned __ 445.96 Cash in Vault and Amount due from approved Reserve Agents __ 22,435.87 Checks for Clearing and Due from other Banks ---------------- None Cash Items ---- None Overdrafts 131.23 Advance on Cotton and other Com- modities -------------------- None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss Other Resources ________ None None Total -------------------- ____ $ 71,746.33 LIABILITIES: Capital Stock --------$ 15,000.00 Capital Notes - None Surplus Fund --- --- 5,000.00 Undivided Profits 964.21 Reserve Funds None Due to Banks 3,526.% Dividends Unpaid 28.~0 Cashier's Checks 235.22 Certified Checks None Demand Deposits 22,146.54 Time Certificates of Deposits_ 15,1 fi 5.00 Savings Deposits 9,689.60 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities ... None Total -----$ 71,746.33 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE COMMERCIAL BANK Bowdon, Ga. As called for by the Superintendent of Banks. J. H. BARR, M. L. JOHNSON, President. Cashier. Date of Charter: 9-20-1926 Began Business: 9-20-1926 RESOURCES: Loans and Discounts____ __________ $ 55,644.38 State of Georgia and Municipal Bonds owned 10,300.00 U. S. Government Securities owned 99,175.00 Other Stocks and Bonds owned __ None Banking House and Lot 2,500.00 Furniture and Fixtures None Other Real Estate owned None Cash in V~ult and Amount due from approved Reserve Agents __ _ 86,948.44 Checks for Clearing and Due from other Banks ------------------ None Cash Items ----------------------- None Overdrafts ----------------- 153.12 Advance on Cotton and other Com- modities 14,804.13 Customers Liability on Letters of Credit and Acceptances None Profit and Loss ------------------ None Other Resources None Total -------- .. $269,525.07 LIABILITIES: Capit.al Stock _______ $ 25,000.00 Capital Notes None Surplus Fund 20,000.00 Undivided Profits 6,203.42 Reserve Funds 1,000.00 Due to Banks None Dividends Unpaid None Cashier's Checks 736.73 Certified Checks -- None Demand Deposits 189,407.77 Time Certificates of Deposits 27,177.15 Savings Deposits None Letters of Credit and Acceptances executed for Customers ________ _ None Bills Payable None Notes and Bills Rediscounted ________ None Other Liabilities_________ None Total ----- ----------------------------------------$2 6 9,5 2 5 .0 7 EIGHTEENTH ANNUAL REPORT 17 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE BRUNSWICK BANK TRUST CO. Brunswick, Ga. As called for by the Superintendent of Banks. F. D. AIKEN, I. M. AIKEN, President. Cashier. Date of Charter: 10-7-1899 Began Business: 1899 RESOURCES: Lo;ms and Discounts- $553,466.67 State of Georgia and Municipal Bonds owned 149,112.35 U. S. Government Securities owned 553,553.14 Other Stocks and Bonds owned __ 264,170.70 Banking House and Lot __ 40,000.00 Furniture and Fixtures __ 9,242.02 Other Real Estate owned 78,653.53 Cash in Vault and Amount due from approved Reserve Agents__ 288,038.84 Checks for Clearing and Due from other Banks 7,438.62 Cash Items 7,779.71 Overdrafts 115.36 Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss ------ None Other Resources --- -- None Total ____________ $1,9 51,5 70.94 LIABILITIES: Capital Stock --- S230,ooo.oo Capital Notes None Surplus Fund 70,000.00 Undivided Profits 18,393.90 Reserve Funds __________________ _ 17,666.01 Due to Banks 37,260.80 Dividends Unpaid 4,600.00 Cashier's Checks 4,647.50 Certified Checks 437.43 Demand Deposits _______________ ----------- 814,809.17 Time Certificates of Deposits __ 10,(119.37 Savings Deposits 590,213.63 Letters of Credit and Acceptances executed for Customers __ None Bills Payable 150,000.00 Notes and Bills Rediscounted __ None Other Liabilities 2,622.63 Total ------------------ -s 1 '9 51' 57 0. 9 4 STATEMENT Showing condition at the close of Business December 31, 1937, of the HARALSON COUNTY BANK Buchanan, Ga. As called for by the Superintendent of Banks. J. L. EAVES, H. G. RICHARDSON, President. Cashier. Date of Charter: 3-3-1909 Began Business: 3-4-1909 RESOURCES: Loans and Discounts -- --------~-----~-~$114,017.24 State of Georgia and Municipal Bonds owned -- - ----------------- --- --- None U. S. Government Securities owned 4,500.00 Other Stocks and Bonds owned~ None Banking House and Lot_ 1,300.00 Furniture and Fixtures 1,500.00 Other Real Estate owned-- 1,150.00 Cash in Vault and Amount due from approved Reserve Agents 172,029.04 Checks for Clearing and Due from other Banks _____ -------------------- 1,520.32 Cash Items None Overdrafts -------~-- ----------------~ 421.82 Advance on Cotton and other Com- modities ------------------ - ----- None Customers Liability on Letters of Credit and Acceptances_ None Profit and Loss .... ---------------- None Other Resources ------------------- None Total --------------~ _______ $ 296,438.42 LIABILITIES: Capital Stock --. -~--$ 40,000.00 Capital Notes ~------ --- ------------------------ None Surplus Fund 15,000.00 Undivided Profits ------------------ 641.00 Reserve Funds 4,400.00 Due to Banks None Dividends Unpaid None Cashier's Checks 988.29 Certified Checks None Dem.and Deposits ---- 211,630.35 Time Certificates of Deposits __ 23,778.78 Savings Deposits --------------- ----- None Letters of Credit and Acceptances executed for Customers None Bills Payable ---------------- Notes and BilJs Rediscounted ___________ None None Other Liabilities ___ . None Total .... -------------- ---- $296,438.42 18 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business' December 31, 1937, of the BUENA VISTA LOAN & SAVINGS BANK Buena Vista, Ga. As called for by the Superintendent of Banks. WM. C. WOOTEN, CLARKE W. DUNCAN President. Cashier. Date of Charter: 9-22-1887 Began Business: 9-1-1889 RESOURCES: Loans and Discounts__ _______ $101,364.41 State of Georgia and Municipal Bonds owned 20,282.15 U. S. Government Securities owned 5,137.63 Other Stocks and Bonds owned 10,232.50 Banking House and Lot 3,000.00 Furniture and Fixtures __ 1,642.75 Other Real Estate owned __ 8,125.50 Cash in Vault and Amount due from approved Reserve Agents 46,564.25 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts None Advance on Cotton and other Com- modities 7,608.17 CustomPrs Liability on Letters of Credit and Acceptances _ None Profit and Loss None Other Resources 30,750.67 Total - _____ $234, 708.03 LIABILITIES: Capital Stock _________ $ 30,000.00 Capital Notes None Surplus Fund 16,000.00 Undivided Profits 4,870.72 Reserve Funds None DuP to Banks _ None DividPnds Unpaid 2,400.00 Cashier's Checks 938.37 Certified Checks None Demand Deposits 123,494.94 Time Certificates of Deposits 57,004.00 Savings Deposits None Letters of Credit and Acceptances exceu ted for Customers None Bills Pay,able None Notes ctnd Bills Rediscounted __ None Other Liabilities None Total ----------------- _____ $234,708.03 STATEMENT Showing condition at the close of Business December 31, 1937, 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 26 o, 171.20 Warrants 13,562.19 U. S. Government Securities O\Vned None Other Stocks and Bonds owned __ 4,947.50 Banking House and Lot None Furniture and Fixtures __ 4,272.83 Other Re:;:tl Estate owned ____ 41,675.47 Cash in Vault and Amount due from approved Reserve Agents- 30,831.40 Checks for Clearing and Due from other Banks 3,392.92 Cash Items 555.72 Overdrafts 1,607.33 Advance on Cotton and other Com- modities 11,504.93 Customers Liability on Letters of Credit and Acceptances __ _ None Profit and Loss __ 4,604.25 Other Resources 2,734.00 LIABILITIES: Capital Stock ____________ $ 40,000.00 Capital Notes None Surplus Fund 15,000.00 Undivided Profits None Reserve Funds 9,201.27 Due to Banks _ None Dividends Unpaid None Cashier's Checks ----- ------ ___ _ 1,156.01 Certified Checks ----- -------------- None Demand Deposits 143,086.54 Time Certificates of Deposits ____ _ 11,555.86 Savings Deposits 159,860.06 Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted_ None Other Liabilities None Total ------ ____ $379,859.74 Total ___ ---- ------------ ----------------- _______ $ 3 79,85 9. 7 4 EIGHTEENTH ANNUAL REPORT 19 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE CITIZENS STATE BANK Butler, Ga. As called for by the Superintendent of Banks. J. W. EDWARDS, L. R. ADAMS, President. Cashier. Date of Charter: 9-4-2 6 Began Business: 9-4-26 RESOURCES: Loans and Discounts__ _______ $ 42,143.14 State of Georgia and Municipal Bonds owned ~-------- _______ -------- 5,050.00 U. S. Government Securities owned 5,020.00 Other Stocks and Bonds owned ___ _ None Banking House and Lot. __ _ None Furniture and Fixtures __ 100.00 Other Real Estate owned- 100.00 Cash in Vault and Amount due from approved Reserve Agents __ _ 39,154.89 Checks for Clearing and Due from other Banks 1,800.00 Cash Items None Overdratts None Advance on Cotton and other Com- nlodities 62,529.60 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss - None Other Resources None Total .. $155,897.63 LIABILITIES: Capital Stock - -- s 15.000.00 Capital Notes ------------------------------------ None Surplus Fund 18,000.00 Undivided Profits 240.50 Reserve Funds None Due to Banks __ None Dividends Unpaid 2,250.00 Cashier's Checks 564.31 certified Checks None Demand Deposits 119,842.82 Time Certificates of Deposits __ None Savings Deposits None Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted_ None Other Liabilities None Total ----------- $155,897.63 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF BYROMVILLE Byromville, Ga. As called for by the Superintendent of Banks. J. D. LESTER, SR. S. H. BUXTON, President. Cashier. Date of Charter: 7-19-1920 Began Business: 7-26-1920 REi'iOURCES: Loans and Discounts__ :;; 36,482.44 State of Georgi~ and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned __ None Banking IIouse and Lot 1,350.00 F'urniture and Fixtures 750.00 Other Real Estate owned __ None Cash in Vault and Amount due from approved Reserve Agents 13,833.83 Checks for Clearing and Due from other Banks None Cash Items ---------------------- __ None Overdrafts 9.83 Advance on Cotton and other Com- modities ~----~ -------------- --~---~ 46,662.60 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss __ None Other Resources ------------------------------ None Total ------- ------------ ---- - - - --- -------- -- $ 9 9. 0 8 8. 7 0 LIABILITIES: Capitiil Stock ---- ------------------- $ 15,000.00 Capital Notes ------------------- 7,500.00 Surplus Fund 3,000.00 Undivided Profits 2,635.90 Reserve Funds 250.00 Due to Banks None Dividends Unpaid None Cashier's Checks 17.59 Certified Checks None Demand Deposits 58,683.50 Time Certificates of Deposits __ 12,001.71 Savings Deposits None Letters of Credit and Acceptances executed for Customers __ None Bills Paya hie None Notes and Bills Rediscounted __ None Other Liabilities None Total ---- _$ 99,088.70 20 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the CAIRO BANKING COMPANY Cairo, Ga. As called for by the Superintendent of Banks. HENRY HESTER, H. E. McKINNON President. Cashier. Date of Charter: 11-23-1903 Began Business: 11-23-1903 RESOURCES: Loans anrl Discounts__ .. $433,078.14 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 14,606.44 Other Stocks and Bonds owned __ 10,600.00 Banking House and Lot 8,000.00 Furniture and Fixtures 4,005.00 OthPr Real Estate owned_ 5,907.00 Cash in Vault and Amount due from approved Rcs0rve Agents 138,567.10 Checks for Clearing and Due from other Banks 6,431.12 Cash Items None Overrlrafts None Advance on Cotton and other Com- modities . None Customers Liability on Letters of Cn'dit and Acceptances_ 4,297.51 Profit and Loss_ None Other Resources 49,101.10 Total -- --- --- $67 4,593.41 LIABILITIES: Capital Stock ---------------- ______ $ 35,000,00 Capital Notes 20,000,00 Surplus Fund 15,000.00 Undivided Profits 112.49 Reserve Funds R,000,04 Due to Banks.. 1,500,00 Dividends Unpaid 2,800.00 Cashier's Checks 1,026.62 CPrtified Checks 15.00 Demand D('posits 258,157.91 Time Certificates of Deposits-- 106,5D2.6:; Sayin_gs Deposits 220,-191.19 Letb'rs of Credit and Acceptances ext'cuted for Customers ___ _ 4,297.51 Bills Payable None Notes nnd Bills Rediscounted-- 1,600.00 Other Liabilities __ _ None Total $674,593.41 STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS BANK Cairo, Ga. As called for by the Superintendent of Banks. IRA HIGDON, J. C. MINTER, President. Cashier. Date of Charter: 12-3-1903 Began Business: 1-1-1904 RESOURCES: Loans and Discounts- __ $191,996.61 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 9,000.00 OtheJ" Stocks and Bonds owned None Banking House and LoL_ 15,000.00 Furniture and Fixtures __ 2,625.00 Other Real Estate O\vned _ 60,640.50 Cash in Vault and Amount due from approved Reserve Agents 119,734.11 ChPcks fur Clearing and Due from other Banks 14,05 6.79 Cash Items None Overdrafts 437.48 Advance on Cotton and other Com- m-odities None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss _ None Other Resources None Total ------- 8413,490.49 LIABILITIES: Capical Stock ______ $ 50,000.00 Cap~tal N otcs 5,000.00 Surplus Fund None Undividcrl Profits 5,936.21 Reserve Funds 14,847.52 Due to Banks _ 15,000.00 Dividends Unpaid None Cashier's Checks 915.50 Certified Checks None DC'manrl Deposits 227,274.~5 Time Certificates of Deposits 24,330.55 Savings Deposits 70,185.93 LettE>rs of Credit and Acceptances executed for Customers __ None Bills Payable None N otcs and Bills Rediscounted __ None Other Liabilities None Total . ----- ------- -------3413,490.49 EIGHTEENTH ANNUAL REPORT 21 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF CAMILLA Camilla, Ga. As called for by the Superintendent of Banks. J. E. BROOKS, W. W. BROOKS, President. Cashier. Date of Charter: 11-4-1889 Began Business: 1-2-1890 RESOURCES: Loans and Discounts ____ 5 51,487.15 State of Georgia and Municipal Bonds O\vned 41,000.00 U. S. Government Securities owned 15,300.00 Other Stocks and Bonds owned- None Banking House and Lot - 16,000.00 Furniture and Fixtures --------------" 5,000.00 Other Real Estate owned __ 24,100.00 Cash in Vault and Amount due from approved Rtserve Agents 102,190.36 Ched.;:s for Clearing and Due from other Br:.nks Cash Items Ov-erdrafts 3,746.52 None None Advancf' on Cotton and other Cmn- modities 11,403.57 CustomPrs Liability on Letters of Credit and Acceptances-- None Profit anrl Loss None Othe~ Hesources None Total S270,327.10 LIABILITIES: c,,pital Stock ...... ------- $ 25,000.00 Capital Notes None Surplus Fund ~one Undivided Profits 1,156.57 Reserve Funds None Due to Banks __ None Dividends Unpaid None C.ashi'r's Checks 385.00 Certified Checks _ None Demand Deposits 233,R26.73 Time Certificates of Deposits __ 1,24S.33 Savings Deposits 8,713.47 Lettt'rs of Credit and AcceJ)tances cxecutE:'d for Customers_ None Bills Payabh~ None Notes and Bills Rediscounted __ None Other Liabilities None Total -- ..........$270,327.10 STATEMENT Showing condition at the close of Business December 31, 1937, of the PLANTERS & CITIZENS BANK Camilla, Ga. As called for by the Superintendent of Banks. W. C. ADAMS, E. J. VA~N, JR. 1st Vice-Pres. Cashier. Date of Charter: 5-24-1913 Began Business: 5-24-1913 RESOURCES: Loans and Discounts- ____ $181,612.40 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 10,000.00 Other Stocks and Bonds owned __ None Banking House and Lot 7,250.00 Furniture and Fixtures __ 1,750.00 Other Real Estate ownerL 16,550.00 Cash in Vault and Amount due from approved Reserve Agents~__ 91.525.74 Checks for Clearing and Due from other Banks' 6,796.86 Cash Item:::; --------------------- 793.01 Overdrafts None Advance on Cotton and other Com~ modities 111,829.65 Customers Liability on Letters of Credit and Acceptances None Profit and Loss __ None LIABILITIES: Capital Stock ________ $ 25,000.00 Capi~al Notes 15,000.00 Surplus Fund 7,000.00 Unrlivided Profits 1,552.56 Reserve Funds 750.43 Due to Banks _ None Dividends Unpaid None Cashiers Checks 3()3.83 Certified Checks None Demand Deposits 220,429.32 Time CeYtificates of Deposits __ 26,173.04 Savings Deposits 101,838.48 Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Hills Rediscounted __ 30,000.00 Other Liabilities None Total - - .. $428,107.66 Total S428,107.66 22 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF CANTON Canton, Ga. As called for by the Superintendent of Banks. W. S. ELLIOTT, Cashier. Date of Charter: 11-17-1892 Began Business: 12-21-1892 RESOURCES: Loans and Discounts _____ $412,646.49 State of Georgia and Municipal Bonds owned - ---------- - --- 202,493.21 U. S. Government Securities owned 64,726.56 Other Stocks and Bonds owned __ 89,000.00 Banking House and Lot__ 28,967.00 Furniture and Fixtures 1,978.00 Other Real Estate owned __ 34,595.42 Cash in Vault and Amount due from approved Reserve Agents__ 342,527.05 Checks for Clearing and Due from other Banks __ 1,138.92 Cash Items None Overdrafts -------- --------------- None AdvanCe on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances __ _ None Profit and Loss None Other Resources - ------------- ___ _ None Total -------- $1,178,072.65 LIABILITIES: Capital Stock ----------------- __ $15 0,0 00.00 Cmand D{'posits 35,613.97 Time Certificates of Deposits 1.65 Savings Deposits None Letters of Credit and Acceptances pxecuted for Customers_ None Bills Payable NonE' Notes and Bills ReJiseounted-- None Other Liabilities None Total ________ S 50,615.62 STATEMENT Showing condition at the close of Business December 31, 1937, of the COHUTTA BANKING COMPANY Chatsworth, Ga. As called for by the Superintendent of Banks. R. E. CHAMBERS, FRANCES HEARTSELL, President. Cashier. Date of Charter: 7-17-1905 Began Business: 1-24-1906 RESOURCES: Loans and Discounts_ __$ 93,402.57 State of Georgia and Municip;1l Bonds owned 4,500.00 U. S. Government Securities owned 7,500.00 Other Stocks and Bonds owned - None Banldng House and Lot - 2,500.00 Furniture and Fixtures __ 1,800.00 Other Heal Estate O\vned 9,819.13 Cash in Vault and Amount due from approved Reserve Agents 43,803.82 Checks for Clearing and Due from other Bnnks None Cash Items None Overdrafts 110_89 Advauce on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances ___ None Profit and Loss None Other Resources 58,944.56 Total __ $222,440.97 LIABILITIES: Capital Stock 15.000.00 Capiud Notes 15,000.00 Surplus Fund __ _ None Undivided Profits 796.H3 He~ervc Funds 3,598.13 DuE' to Banks None Dividends Unpairi None c~~shiQr's Checks 2,982.89 Cc"tificd Checks None Demand Deposits 114,793.27 Time Certificates of Deposits 37,69!l.3R SaYings Deposits 32.570.47 Letters of Credit and Acceptances executed for Customers __ None Bill; Pavable Notes a~ul Bills Rediscounted-- None None Other Liabilities None Total _______ $2 22,4 40.9 7 EIGHTEENTH ANNUAL REPORT 25 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF CHICKAMAUGA Chickamauga, Ga. As called for by the Superintendent of Banks. ELDER G. GLENN, W. N. SHADDEN, President. Cashier. Date of Charter: 2-16-1910 Began Business: 5-10-1910 RESOURCES: Loans and Discounts -- $140,578.56 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 47,613.22 Other Stocks and Bonds owned __ 10,848.25 Banking- House and Lot 8,348.00 Furniture and Fixtures 2,000.00 Other Real Estate o\vned - 16,203.83 Cash in Vault and Amount due from approved Reserve Agents 47,424.78 Checks for Clearing and Due from other Banks ------- -- ---------------- None Cash Items ~one Overdrafts None Adsance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances - None Profit and Loss __ None Other Resources None Total 3273,016 64 LIABILITIES: Capital Stock ____________ $ 25,000.00 Capital Notes None Surplus Fund 10,000.00 Undivided Profits 2,765.75 Reserve Funds 3,150.71 Due to Banks None Dividends Unpaid 750.00 Cashier's Checks 1,274.92 Certified Checks None Demand Deposits 125,360.23 Time Certificates of Depms:its __ None Savings Deposits 104,466.20 L('tters of Credit and Acceptances executed fot Customers __ None Bills Payable None Notes and Bills Rediscounted _ None Othey Liabilities 248.78 Total $273,016.64 STATEMENT Showing condition at the close of Business December 31, 1937, of the FARMERS & MERCHANTS BANK Chipley, Ga. As called for by the Superintendent of Banks. HENRY ZACHRY, ROY ASKEW, President. Date of Charter: 3-22-1909 Cashier. Began Business: 4-19-1909 RESOURCES: Loans and Disconnts _ 8128,547.79 State of Georgia and Municipal Bonds o\vned 10,735.00 U. S. Government Securities owned 20,975.00 Other Stoc-ks and Bonds owned 5,000.00 Banking House and Lot-- 2,000.00 Furniture and Fixtures 1,500.00 Other Rea~ Estate owned __ ~ 8,150.00 Cash in Vault and Amount due from al)proved Reoerve Agents __ 86,628.86 Checks for Clearing and Due from other Banks 352.17 Cash Items None Overdrafts None Advance on Cotton and other Com~ modities None Customers Liability on Letters of Credit and Acceptfinccs None Profit and Loss-- None Other Resources None Total - $263,888.82 LIABILITIES: Ca~)ital Stock ______________ $ 25,000.00 Cai:Jital Notes ------------------ 22,000.00 Surplus Fund 3,000.00 l."'ndivided Profits 1,127.54 Re~crve Funds 275.00 Due to Banks None Dividentln Unpaid None Cashier's Checks 600.95 Certified Checks None Demand Deposits 165,345.48 r_f'ime CL'rtificatcs of Deposits - 17,706.54 Savings Deposits 26,566.43 Letters of Credit and Acceptances exec,_lted for Customers __ None Bills Payable None Notes and Bi1ls Rediscounted None Other Liabilities 2,266.88 Total _______ $2 6 3,8 8 8.82 26 DEPART MENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the HABERSHAM BANK Clarkesville, Ga. As called for by the Superintendent of Banks. W. R. ASBURY, W. S. WHITWORTH, President. Cashier. Date of Charter: 5-13-1904 Began Business: 5-13-1904 RESOURCES: Loans and Discounts - ----"--$ 70,826.75 State of Georgia and Municipal Bonds owned 25,373.67 U. S. Government Securities owned 21,350.00 Other Stocks and Bonds owned __ None Banking House and Lot__ 6,075.00 Furniture and Fixtures __ 1,215.00 Other Real Estate owned __ 2,745.00 Cash in Vault and Amount due from approved Reserve Agents __ 93,776.16 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts None Advance on Cotton and other Com- moditie-s ------ None Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources 24.30 Total $221,385.88 LIABILITIES: Capital Stock -- --- s 25,000.00 Capital Notes None Surplus Fund 5,000.00 Undivided Profits 960.10 Reserve Funds None Due to Banks __ None Dividends Unpaid None Cashier's Checks 58.29 Certified Checks None DPmand Deposits 83,412.01 Time Certificates of Deposits 2,798.85 Savings Deposits 104,156.63 Letters of Credit and Acceptances executed for Customers None Rills Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total ---- $221,385.88 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE CLAXTON STATE BANK Claxton, Ga. As called for by the Superintendent of Banks. C. M. RUSHING, W. L. NEWTON, President. Cashier. Date of Charter: 6-15-35 Began Business: 7-1-35 RESOURCES: Loans and Discounts___ _ __________ - $137,893.55 State of Georgia and Municipal Bonds owned---------------------- None U. S. Government Securities owned 15,000.00 Other Stocks and Bonds 0'\Vned __ None Banking House and Lot __ 3,500.00 Furniture and Fixtures 1.00 Other Real Estate owned __ None Cash in Vault and Amount due from approved Reserve Agents __ 56,976.42 Checks for Cle;1ring and Due from other Banks None Cash Items None Overdrafts ----- 105.73 Advance on Cotton and other Com- modities --------------- ------- None Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources None Total -------------.$213,47 6.70 LIABILITIES: Capital Stock ...... $ 20,000.00 Capital Notes None Surplus Fund 5,000.00 Undivided Profits 3,918.87 Reserve Funds None Due to Banks __ None Dividends Unpfl.id 52.GO Cashier's Checks ------- 312.75 Certified Checks None Demand Deposits 152,772.SS Time Certificates of Deposits. 31,419.70 Savings Deposits ---- --------------- None Letters of Credit and Acceptances executed for Customers None Bills Payable -------------. _ None Notes and Bills Rediscounted None Other Liabilities ------ ________ _ None Total ---- ------ ------------ ______________ $213,4 7 6.7 0 EIGHTEENTH ANNUAL REPORT 27 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF CLAYTON Clayton, Ga. As called for by the Superintendent of Banks. J. C. DOVER, Date of Charter: 6-30-1904 T. A. DUCKETT, Began Business: 7-1-1904 RESOURCES: Loans and Discounts ------------8149,897.15 State of Georgia and Municip_al Bonds owned 6,125.00 U. S. Government Securities owned 9,975.00 Other Stocks and Bonds owned ____ 15,285.00 Banking House and Lot 3,700.00 Furniture and Fixtures ______ 1,150.00 Other Real Estate owned ..... 1,300.00 Cash in Vault and Amount due from approved Reserve Agents__ 182,875.02 Checks for Clearing and due from other Banks --- None Cash Items None Overdrafts 203.78 Ad\ance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances. None Profit and Loss ----------------- ____ ------- None Other Resources . ----------- ______________ 62.35 Total 8370,573.30 LIABILITIES: Capital Stock ----- -------- --- _______ $ 25,000.00 Capital Notes - None Surplus Fund --- ----- ___ ---------------- 20,000.00 Undivided Profits 4,433.72 RE>serYc Funds ------------------------------- None Due to Banks ____ -------------- None Dividends Unpaid None C~shier's Checks 1,564.22 Certified Checks None D('mand Deposits ------------------- 319,575.36 Time Certificates of Deposits _ None Savings Deposits None Letters of Credit and Acceptances execute(l for Customers __ None Bills Payable _____________________ _ None Not('s and Bills Rediscounted_ None Other Liabilities None Total ------ $370,573.30 STATEMENT Showing condition at the close of Business December 31, 1937, of the STATE BANK OF COCHRAN Cochran, Ga. As called for by the Supe.-intendent of Banks. T. W. FISHER, President. L. S. LEACH, Cashier. Date of Charter: 12-22-1921 Began Business: 1-5-1922 RESOURCES: Loans and Discounts __ $ 69,963.31 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 54,210.00 Other Stocks and Bonds owned- 24,864.65 Banking House and Lot 2,500.00 Furniture and Fixtures __ 1,000.00 Other Real Estate owned __ None Cash in Vault and Amount due from approved Reserve Agents __ 82,831.01 Checks for Clearing and Due from other Banks ----------- ------ --- --------- 1,607.74 Cash Items None Overdrafts -- --- None Advance on Cotton and other Com~ modities 32,243.00 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss ----------------- None Other Resources ---- None Total ----------------------- ---- --------------------52 69.219.71 LIABILITIES: Capital Stock -------8 25,000.00 Capital Notes None Surplus Fund 9,000.00 Undivided Profits 1,059.51 Reserve Funds ----------------------- None Due to Banks ________________________ _ Non~ Dividends Unpaid 430.00 CashiPr's Checks 7 43.00 Certified Checks None DE>mand Deposits 183,135.79 Time Certificates of Deposits __ 3,321.80 Savings Deposits ------ ------------ 46,529.61 Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted __ _ None Other Liabilities ___ _ None Total -----------------------------------------------$2 6 9,219. 71 28 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS BANK Colquitt, Ga. As called for by the Superintendent of Banks. G. C. JINKS, D. B. BELL, President. Cashier. Date of Charter: 3-24-1924 Began Business: 4-21-1D24 RESOURCES: Loans and Discounts- $233,994.11 State of Georgia and Municipal Bonds owned 5,352.00 U. S. Government Securities owned None Other Stocks and Bonds owned -- None Banking House and Lot __ ---------------- 1.00 Furniture and Fixtures .. 1.00 Other Real Estate owned __ 1,487.00 Cash in Vault and Amount due from approved Reserve Agents _ 78,686.58 Checks for Clearing and Due from other Banks 3,193.39 Cash Items None Overdrafts None Advance on Cotton and other Com- modities 33,182.43 Customers Liability on Letters of Credit and Acceptances _ None Profit and Loss ... None Other Resources .. . None Total -- ______________ $355,897.51 LIABILITIES: Capital Stock -S 25,ooo.oo Capital Notes 14,000.00 Surplus Fund 6,000.00 Undivided Profits 14,000.00 Reserve Funds 25,208.93 Due to Banks ----------------------------------- 456.60 Dividends Unpaid 250.00 Cashier's Checks 1,132.55 Certified Checks None Demand Deposits 164,613.04 Time Certificates of Deposits._ 49.084.04 Savings Deposits 56,152.35 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total __________ --S 3 55,89 7.51 STATEMENT Showing condition at the close of Business December 31, 1937, of the COLUMBUS BANK & TRUST CO. Columbus, Ga. As called for by the Superintendent of Banks. W. C. BRADLEY, JAS. A. LEWIS, President. Cashier. Date of Charter: 12-24-1888 Began Business: 4-1-1889 RESOURCES: Loans and Discounts----------------- ... $4,210,217.23 State of Georgia and Municipal Bonds owned _ None U. S. Government Securities owned 342,552.63 Other Stocks and Bonds owned.. 784,606.75 Banking House and Lot__ 443,443.90 Furniture and Fixtures 104,826.63 Other Real Estate owned ______ 108,549.55 Cash in Vault and Amount due from approved Reserve Agents 2,634,986.40 Checks for Clearing and Due from other Banks 143,341.00 Cash Items 23,784.15 Overdrafts ---- None Advance on Cotton and other Commodities None Customers Liability on Letters of Credit and Acceptances -------- None Profit and Loss.... ------------- None Other Resources ---------------------------- 18,854.58 Total -- ------------------------- $8,815,162.82 LIABILITIES: Capital Stock _____ ___ $ 850.000.00 Capital Notes None Surplus Fund ------------------ _ 650,000.00 Undivided Profits 140,796.45 Reserve Funds _ 286,636.69 Due to Banks- 223,861.80 Dividend" Unpaid ---------------- 388.50 Cashier's Checks --------------------- 72,710.21 Certified Checks ______ ------- 1,770.84 Demand Deposits 3,484,736.65 Time Certificates of Deposits.... 392,894.40 Savings Deposits ----------------- ---- 2, 711,367.28 Letters of Credit and Accept- ances executed for Customers __ None Bills Payable ------------------- None Notes and Bills Rediscounted __ None Other Liabilities None Total -- ------ ___ $ 8,815,162.82 EIGHTEENTH ANNUAL REPORT 29 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE HOME SAVINGS BANK Columbus, Ga. As called for by the Superintendent of Banks. H. K. PARK, W. B. LANGDON, President. Treasurer. Date of Charter: 12-26-1888 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 647,499.67 None 60,018.75 227,863.47 None 9,950.00 136,460.00 194,149.75 13,656.69 None None None None None 407.22 Total __ $1,29 0,00 5. 55 LIABILITIES: Capital Stock 75,000.00 Qapital Notes None Surplus Fund ------------------ 20,000.00 Undivided Profits 8,S00.56 Reserve Funds 14,950.00 Due to Banks- None Dividends Unpaid None Cashier's Checks None Certified Checks None Demand Deposits None Time Certificates of Deposits-- None Savings Deposits -- 1,169,054.99 Letters of Credit and Accept- ances executed for Customers None Dills Payable _ None Notes and Bills Rediscounted __ None Other Liabilities ____________________________ 2,200.00 Total ----------------------- -------------- _______ $1,290,00 5.55 STATEMENT Showing condition at the close of Business December 31, 1937, of the MERCHANTS & MECHANICS BANK Columbus, Ga. As called for by the Superintendent of Banks. J. B. KEY, J. A. HARLEY, President. Cashie1. Date of Charter: 1214-1871 Began Business: 1872 RESOURCES: Loans and Discounts--------------------$1,508,089.25 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned -------------------- 83,378.13 Other Stocks and Bonds owned ____ 163,614.23 Banking House and Lot __ 60,000.00 Furniture and Fixtures 25,000.00 Other Real Estate owned 19,163.12 Cash in Vault and Amount due from approved Reserve Agents 868,599.56 Checks for Clearing and Due from other Banks___ ---------------- 322,568.12 Cash Items ---------------------- 2,292.40 Overd,afts _______________ ------ - -------- 585.32 Advance on Cotton and other Commodities --- ------- ----- 9,247.36 Customers Liability on Letters of Credit and Acceptances ____ None Profit and Loss ---------------- None Other Resources --------------------------- None Total -------------------------------- -------------$ 3,0 62,5 3 7.4 9 LIABILITIES: Capital Stock --------------------------------8 200,000.00 Capital Notes Surplus Fund _________________ _ None 200,000.00 Undivided Profits 126,694.30 Reserve Funds ----- 25,000.00 Due to Banks 75,516.38 Dividends Unpaid 30,000.00 Cashier's Checks 53,093.06 Certified Checks ---------------------- 22,641.77 Demand Deposits 1,475.013.63 Time Certifi&;ltes of Deposits-- 59,770.83 Savings Deposits 794,807.52 Letters of Credit and Accept- ances executed for Customers None Bills Payable --- ---------------- None Notes and Bills Rediscounted None Other Liabilities None Total __ ------------------------------------------$3,0 62,5 3 7. 4 9 30 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the TRUST COMPANY OF COLUMBUS Columbus, Ga. As called for by the Superintendent of Banks. F. G. LUMPKIN, J. D. BOX, President. Vice-Pres. & Sec. Date of Charter: 1892 Began Business: 1892 RESOURCES: Loans and Discounts __________ $388,903.49 State of Georgia and Municipal Bonds o'vned None U. S. Government Securities owned None Other Stocks and Bonds owned __ 1,510.46 Banking House and Lot----------- 1s None Cus tamers Liability on Letters of Credit and Acceptances.. None Profit and Loss None Other Resources None Total --------$2 01 '95 0.0 7 LIABILITIES: Capital Stock ___ $ 30,000.00 Capital Notes None Surplus F"und 6,000.00 Undivided Profits 7,403.17 Reserve Funds 2,746.11 Due to Banks None Dividends Unpaid None Cashier's Cht>cks 806.75 Certified Checks None Demand Deposits 118,029.11 Time Certificates of Deposits __ 32,32 7.63 Savings Deposits 4,637.30 Letters of Credit and Acceptances executed for Customers __ None BiUs Payable None Notes and Bills Rediscounted __ None Other Liabilities -- None Total -- ..... $20 1,9 5 0.0 7 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF ROCKDALE Conyers, Ga. As called for by the Superintendent of Banks. G. C. SIMS, R. H. STILL, President. Cashier. Date of Charter: 10-15-1891 Began Business: 6-1-1901 RESOURCES: Loans and Discounts.. __ $104,221.82 State of Georgia and Municipal Bonds owned --- ---- None U. S. Government Securities owned 2,500.00 Other Stocks and Bonds owned __ 15,300.70 Banking House and Lot__- 3,500.00 Furniture and Fixtures __ - 1,500.00 Other Real Estate owned __ 1,650.00 Cash in Vault and Amount due fran~ approved Reserve Agents 39,190.65 Checks for Clearing and Due from other Banks 3,121.86 Cash Items 6,814.60 Overdrafts 4,055.59 Advance on Cotton and other Com- modities 42,397.25 Customers Li~bility on Letters of Credit and Acceptances __ None Profit and Loss - None Other Resources None Total --------------- -------$22 4,252.4 7 LIABILITIES: Capital Stock -----$ 25,000.00 Capltal Notes None Surplus Fund 25,000.00 Undivided Profits -- -------------- None Reserve Funds - . 350.73 Due to Banks __ None Dividends Unpaid 75.00 Cashier's Checks None Certified Checks None Demand Deposits 14?.,122.78 Time Certificates of Deposits __ 26,998.21 Savings Deposits . ____________ _ 4,705.75 Letters of Credit and Accept~nces executed for Customers._ None Bills Payable None Notes and Bills Rediscounted __ - None Other Liabilities ------ None Total ___ $224,252.47 EIGHTEENTH ANNUAL REPORT 33 STATEMENT Showing condition at the close of Business December 31, 1937, of ,the FARMERS & MERCHANTS BANK Coolidge, Ga. As called for by the Superintendent of Banks. BOYKIN HARRISON, A. P. MEGAHEE, President. Cashier. Date of Charter: 12-18-1911 Began Business: 11-20-1911 RESOURCES: Loans and Discounts __ $ 42,638.16 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 18,815.21 Other Stocks and Bonds owned __ None Banking House and Lot_ 2,500.00 }""'urniture and Fixtures __ 2,500.00 Other Re.al Estate owned __ 2 4,18 7. 78 Cash in Vault and Amount due from approved Reserve Agents 22,420.91 Checks for Clearing and Due from other Banks ---- 10,065.00 Cash Items None Overdrafts 2,291.15 Advance on Cotton and other Com- modities ---- ----------- None Customers Liability on Letters of Credit and Acceptances None Profit and Loss __ _ None Other Resources ------- None Total ... $125,418.21 LIABILITIES: Capital Stock ____________________________ $ 25,000.00 Capital Notes 23,875.00 Surplus Fund None Undivided Profits 2,426.75 Reserve Funds Due to Banks _______________________ _ 360.96 None Dividends Unpaid None Cashier's Checks 28.00 CPrtified Checks None Demand Deposits 36,545.83 Time Certificates of Deposits __ 36,57!1.03 Savings Deposits None Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted __ None Other Liahilities 602.6-1 Total -----------------------------~------------- $12 5, 418.21 STATEMENT Showing condition at the close of Business December 31, 1937, of 'the CORDELE BANKING CO. Cordele, Ga. As called for by the Superintendent of Banks. J. H. CHILDS, THOS. T. LYTLE, President. Cashier. Date of Charter: 5-31-1927 Began Business: 6-15-1927 RESOURCES: Loans and Discounts_ __________ $121.183.50 State of Georgia and Municipal Bonds owned ------ None U. S. Government Securities owned None Other Stocks and Bonds owned ___ None Banking House and Lot None Furniture and Fixtures 5,000.00 Other Real Estate owned.-- None Cash in Vault and Amount due from approved Reserve Agents 284,070.14 Checks for Clearing and Due from other Banks ------------------- 16,495.88 Cash Ite-ms ----------------~--- None Overdrafts .54 Advance on Cotton and other Com- modities --------- -- ----- 10,587.19 Customers Liability on Letters of Credit and Acceptances-- None Profit and Loss -------~-------- None Other Resources ---------- None Total ________ $43 7,3 3 7.25 LIABILITIES: Capital Stock -- --------- -----------------------5 25,000.00 Capital Notes None Surplus Fund 5,000.00 Undivided Profits 2,361.32 Reserve Funds -------------------- ________ --- None Due to Banks __ None Dividends Unpaid 203.00 Cashier's Checks 4,579.44 Certified Checks None Demand Deposits 312,345.37 Time Certificates of Deposits-- 39,556.G2 Savings Deposits ------------------------ 48,291.50 Letters of Credit and Acceptances executed for Customers __ None Bills Pay able None Notes and Bills Rediscounted None Other Liabilities --- None Total ---- ~--~-~----------- -~------------------$ 4 3 7, 3 3 7.2 5 34 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of \the CORNELIA BANK Cornelia, Ga. As called for by the Superintendent of Banks. OSCAR E. FLOR, W. V. GRANT, President. Cashier. Date of Charter: 7-3-1900 Began Business: 8-4-1900 RESOURCES: Loans and Discounts ________ $227, 7 44.28 St(lte of Georgia and Municipal Bonds owned 1,363.32 U. S. Government Securities owned 115,816.83 Other Stocks and Bonds owned-- None Banking House and LoL_ 10,000.00 Furniture and Fixtures 3,840.00 Other Real Estate owned_ 31,255.16 Cash in Vault and Amount due from approved Reserve Agents 137,373.85 Checks for Clearing and Due from other Banks 4,523.54 Cash Items 773.96 Overdrafts 691.49 Advp.nce on Cotton and other Com- modities 15,016.44 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss - None Other Resources None Total ____ S 5 48,39 8.87 LIABILITIES: Capital Stock ---------$ 40,000.00 Capital Notes 39,800.00 Surplus Fund 4,000.00 Undivided Profits 4,238.07 Reserve Funds ----- 9,873.36 Due to Banks - None Dividends Unpaid None Cashier's Checks 181.13 Certified Checks 1.10 Demand Deposits 267,742.35 Time Certificates of Deposits ____ 39,186.08 Savings Deposits 143,376.78 Letters of Credit and Acceptances executed for Customers _ None Bills Payable None Notes and Bills Rediscounted-- None Other Liabilities None Total ---- $548,398.87 STATEMENT Showing condition at the close of Business December 31, 1937, of :the BANK OF COVINGTON & TRUST CO. Covington, Ga. As called for by the Superintendent of Banks. R. R. FOWLER, SR. J. E. PHILIPS, President. Cashier. Date of Charter: 4-4-19 01 Began Business: 4-1901 RESOURCES: Loans and Discounts ____ $221,553.38 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 159,398.44 Other Stocks and Bonds owned __ 203,510.27 Banking House and Lot__ None FUrniture and Fixtures __ 5,108.65 Other Real Est;ite owned 2,600.72 Cash in Vault and Amount due from approved Reserve Agents 314,544.84 Checks for Clearing and Due from other Banks 3,225.23 Cash Items None Overdrafts None Advance on Cotton and other Com- modities 80,858.19 Customers Liability on Letters of Credit and Acceptances_ None Profit and Loss _ None Other Resources None Total _____________________ $ 9 9 0, 79 9. 7 2 LIABILITIES: Capital Stock ___ $100,000.00 Capital Notes None Surplus Fund 25,000.00 Undivided Profits 1,257.18 Reserve Funds 25,000.00 Due to Banks None Dividends Unpaid 8,000.00 Cashier's Checks I, 768.55 Certified Checks None Demand Deposits - _____ -------- 645,729.66 Time Certificates of Deposits__ None Savings Deposits 184,044.33 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities _ None Total ...$990, 799.72 EIGHTEENTH ANNUAL REPORT 35 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE COMMERCIAL BANK Crawford, Ga. As called for by the Superintendent of Banks. M. BLANCHARD, E. H. FURCRON, President. Cashier. Date of Charter: 9-2-1924 Began Business: 9-5-1924 RESOURCES: LIABILITIES: Loans and Discounts-----------------------$ 94,317.37 State of Georgia and Municipal Bonds owned u. S. Government Securities owned None None Other Stocks and Bonds owned __ None Banking House and Lot__ 1,700.00 Furniture and Fixtures __ ---------------- 2,250.00 Other Real Estate owned __ 700.00 Cash in Vault and Amount due from approved Reserve Agents __ 38,552.46 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts 133.85 Advance on Cotton and other Com- modities 39,920.95 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss - None Other Resources None Total 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 E-xecuted for Customers __ Bills Pay_a ble Notes and Bills Rediscounted Other Liabilities 15,000.00 10,000.00 4,000.00 12 0. 71 2,625.00 None 366.00 3,884.32 None 85,442.98 4,974.52 51,161.10 None None None None Total -- ____ $177,57 4.63 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF CUMMING Cumming, Ga. As called for by the Superintendent of Banks. ROY P. OTWELL, B. L. REDD, President. Cashier. Date of Charter: 10-11-1904 Began Business: 10-19-1904 RESOURCES: Loans and Discounts _______________________ $ 73,191.47 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 5,000.00 Other Stocks and Bonds owned None Banking House and Lot 4,000.00 F'urniture and Fixtures __ 2,000.00 Other Real Estate owned __ 14,900.00 C.ash in Vault and Amount due from approved Reserve Agents 91,234.63 Checks for Clearing and Due from other Banks ---------------------- 1,367.39 Cash Items 40.75 Overdrafts 134.64 Advance on Cotton and other Com- moditi<'s 7,360.86 Customers Liability on Letters of Credit and Acceptances None Profit and Loss __ None Other Resources ------------------ 19,153.25 Total __________________________ -------------------- $218,3 8 2. 9 9 LIABILITIES: Capital Stock --- ____________________ $ 15,000.00 C,lpital Notes 13,900.00 Surplus Fund 2,000.00 Undivided Profits 2,026.74 Reserve Funds 387.50 Due to Banks _ None DividC"nds Unpaid None Cc-.shier's Checks .14 Certified Checks None Demand Deposits 146,987.51 Time Certificates of Deposits __ 15,179.15 Savings Deposits 22,895.95 Letters of Credit and Acceptances executed for Customers _ None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities 6.00 Total --------------------$218' 3 8 2. 9 9 36 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of ,the BANK OF DAHLONEGA Dahlonega, Ga. As called for by the Superintendent of Banks. J. F. PRUETT, J. F. SANDERS, President. Cashier. Date of Charter: 5-27-1914 Began Business: 5-1914 RESOURCES: Loans and Discounts _________ . . $116,263.93 State of Georgia and Municipal Bonds owned 32,879.44 U. S. Government Securities owned 7,500.00 Other Stocks and Bonds owned __ 5,000.00 Banking HousE> and Lot __ _ 1,000.00 Furniture and Fixtures 1.00 Other Real Estate owned 100.00 Cash in Vault and Amount due from approved Reserve Agents 104,954.02 Checks for Clearing and Due -from other Banks None Cash Items None Overdrafts . ------------- -------- 1.58 Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances ___ _ None Profit and Loss _ None Other Resources None Tot~l $267,699.97 LIABILITIES: Capital Stock ------------$ 15,000.00 Capital Notes None Surplus 5,000.00 Undivided Profits 8,853.80 Reserve Funds None Due to Banks None DividPnds Unpaid None Cashier's Checks 1,967.98 Certified Checks None Demand Deposits 167,998.76 Tim,, Certificates of Deposits 68,879.43 Savings DPposits None Letters of Credit and Acceptances ex~cutec1 for Customers_ None Bills Payable None Notes and Bills Rediscounted __ None Other- Li,abilities None Total ___________ $267,6a9.n STATEMENT Showing condition at the close of Business December 31, 1937, of '.the THE BANK OF DALTON Dalton, Ga. As called for by the Superintendent of Banks. W. C. MARTIN, JAMES J. COPELAND, President. Cashier. Date of Charter: 12-21-1911 Began Business: 10-12-1912 RESOURCES: Loans and Discounts ___________ .. $315,923.42 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 5,950.06 Other Stocks and Bonds owned 6,500.00 Banking House and Lot-_ 16,000.00 Furniture and Fixtures __ 4,000.00 Other Real Estate owned __ _ 40,850.00 Cash in Vault and Amount due from approved Reserve Agents__ 139,351.63 Cheeks for Clearing and Due from other Banks 3,024.92 Cash Items 7,337.65 Overdrafts - ------- Advance on Cotton and other Com~ 331.44 modi ties None Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources None Total --. _____ $ 539,2 69.12 LIABILITIES: Capital Stock --------------- ___________ $ 50,000.00 Capital Notes None Surplus Fund 12,500.00 Undivided Profits 2,533.61 Reserve Funds 1,000.00 Due to Banks _ None Dividends Unpaid None Cashier's Ch{~cks 323.67 Certified Checks None D~>mand Deposits 292,558.60 Time Certificates of Deposits __ 47,4-14.17 Savings Deposits 132,909.0'1 Lette-fs of Credit and Acceptances executeU for Customers __ None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total .. $539,269.12 EIGHTEENTH ANNUAL REPORT 37 STATEMENT Showing condition at the close of Business December 31, 1937, of \the HARDWICK BANK & TRUST CO. Dalton, Ga. As called for by the Superintendent of Banks. G. L. HARDWICK, R. H. SAPP, President. Cashier. Date of Charter: 2-17-1922 Began Business: 2-20-1922 RESOURCES: Loans and Discounts ______________ $449,574.80 State of Georgia and Municipal Bonds owned 33,7 45.18 U. s. Government Securities owned 388,473.33 Other Stocks and Bonds owned __ 236,618.16 Banking House and Lot- 57,000.00 Furniture and Fixtures - 3,821.65 Other Real Estate owned - 45,957.19 Cash in Vault and Amount due from approved Reserve Agents 260,103.03 Checks for Clearing and Due from other Banks None Cash Items Overdrafts None 100.46 Adv,ance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Accentances None Profit and Loss - ------~----------- Other Resources _______________ _ None None Total .$1,475,393.80 LIABILITIES: Capital Stock _ :j;100,000.00 Capital Notes None Surplu8 Fund 75,000.00 Undivided Profits 7,728.56 Reserve Funds None D'..le to Banks __ 25,215.43 Dividends Unpaid 5,000.00 Cashier's Checks 4,177.87 Certified Checks ..... 25.00 Demand Devosits 531,672.11 Time Certificates of Deposits __ 37,7R0.48 Savings Deposits 688,794.35 Letters of Credit and Acceptances exeeuted for Customers __ None BilJs Payable None Notes nnd Bills Rediscounted. None Other Liabilities None Total -- ----- ... $1,4 75,393.80 STATEMENT Showing condition at the close of Business. December 31, 1937, of the BANK OF DANIELSVILLE Danielsville, Ga. As called for by the Superintendent of Banks. R. C. GRIFFITH, R. C. GRIFFITH, President. Cashier. Date of Charter: 12-11-1907 Began Business: 1-15-1908 RESOURCES: Loam:; ar1d Dit:lcounts__ ------------$ 32,894.95 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 16,000.00 Other Stocks and Bonds owned __ _ None Banking House and Lot . 2,000.00 Furniture and Fixtures ______________ _ 1,000.00 Other Reai Estate owned_ 2,250.00 Cash in Vault and Amount due from approved Reserve Agents 96,061.52 Checks for Clearing and Due from other Banks 16,332.36 Cash Items 163.17 Overdrafts 441.49 Advance on Cotton and other Com- modities ----------------- None Customers Liability on Letters of Credit and Acceptances __ Profit and Loss _______________ _ None None Other Resources __ None Total _____ $16 7,143.49 LIABILITIES: Capital Stock .. --- - .. s 15,000.00 Capital Notes None Surplus Fund 8,000.00 Undivided Profits 325.00 Reserve Funds None Due to Banks None Dividends Unpaid None Cashier's Checks 53.39 Certified Checks None Demantl Deposits 12R,R63.43 Time Certificates of Deposits __ _ 14,901.67 Savings Deposits None Letters of Credit and Acceptances executed for Customers__ None Bills P;wable None Notes and Bills Rediscounted __ None Other Liabilities None Total --- ________ $167,143.49 38 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of lthe THE DARIEN BANK Darien, Ga. As called for by the Superintendent of Banks. C. M. TYSON, D. E. LANE, President. Cashier. Date of Charter: 12-8-1888 Began Business: 1-24-1889 RESOURCES: Loans and Discounts _- __ $ 95,488.12 State of Georgia and Municipal Bonds owned 15,000.00 U. S. Government Securities owned 23,375.00 Other Stocks and Bonds owned. None Banking- House and Lot-. 1,500.00 Furniture and Fixtures ________ _ 1,200.00 Other Real Estate owned-- 3,441.26 Cash in Vault and Amount due from approved Reserve Agents 31,362.49 Checks for Clearing and Due -from other Banks 216.75 Cash Items None Overdrafts None Ad\ance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances_ None Profit and Loss. None Other Hesources 407.00 Total --- $171,990.62 LIABILITIES: Capitnl Stock -------- .S 25,000.00 Capital Notes None Sc-;rplus Fund 5,000.00 UndividL'd Profits 5,000.00 Rf'serve Funds None Due to Banks None Dividends Unpaid 1,000.00 Cashier's Checks 513.40 Certified Checks None DE>mand Deposits 71,326.~8 Time Certificates of Deposits __ 849.91 Saving-s Deposits 63,300.43 LC'tters of Credit and Acceptances executed for Customers __ _ None Bills Payable --~-- None ?\ otc's and BiiJs Rediscounted ___ None Othr Liabilities _ "N"one Total __ Sl71.990.62 STATEMENT Showing condition at the close of Business December 31, 1937, of d Reserve Agents 96,941.94 Checks for Clearing and Due from other Banks 1,137-59 Cash Items 252.28 Overdrafts 236.97 Advance on Cotton and other Com- modities 63,778.72 Customers Liability on Letters of Credit and Accept_ances _ None Profit and Loss __ None Other Resources None Total ----------$382' 12 7.8 6 LIABILITIES: Capital Stock ________ $ 40,000.00 Capital ~ otes 25,000.00 Surplus Fund None Untiivided Profits 2,865.06 Reserve Funds 1,500.00 Due to Banks None Dividends Unpaid None Cashier's Checks None Certified Checks None Demand Deposits 207,705.29 Time Certificates of Deposits 35,818.20 Savings Deposits 69,239.31 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted-- None Other Liabilities ----- None Total $382,127.86 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF FULTON COUNTY East Point, Ga. As called for by the Superintendent of Banks. GEO. F. LONGINO, FRED W. COOPER, President. Cashier. Date of Charter: 3-22-1934 Began Business: 4-2-1934 RESOURCES: Loans and Discounts__ $436,723.82 State of Georgia and l\Iunicipal Bonds owned- 34,787_93 U. S. Government Securities owned 57,275.00 Other Stocks and Bonds owned._ None Banking House and Lot 7,710.69 Furniture and Fixtures 1,848.16 Other Real Estate owned_ None Cash in Vpult and Amount due from approved Hesene Agents 410,931.57 Checks for Clearing and Due from other Banks None Cash Items 1,075.33 Overdrafts None Advance on Cotton and other ComM modities --- None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss __ None Other Resources 4,228.35 Total _$954,580.85 LIABILITIES: Capit"l Stock --- ----$ 50,000.00 Capital Notes None Surplus Fund 40,000.00 Undivided Profits 3,084.49 Reserve Funds --- 2,583.90 Due to Banks _ 10,836.34 Dividends Unpaid 730.00 Cashier's Checks 4,621_.!3 Certified Checks ---- 350.00 Demand Deposits 545,605.75 Time Certificates of Deposits None Savings Deposits __________ _ 291,498.58 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted---- None Other Liabilities 5,270.36 Total __ -------------$95 4,580.85 EIGHTEENTH ANNUAL REPORT 43 STATEMENT Showing condition at the close of Business December 31, 1937, of,the FARMERS & MERCHANTS BANK Eatonton, Ga. As called for by the Superintendent of Banks. L. 0. BENTON, A. F. ADAMS, President. Cashier. Date of Charter: 10-30-1922 Began Business: 11-15-1922 RESOURCES: Loans and Discounts --~120,900.35 State of Georgia and Municipal Bonds O\vned None U. S. Government Securities owned 22,603.13 Other Stocks and Bonds owned __ 6,762.50 Banking House and Lot __ - 4,700.00 Furniture and Fixtures _ 718.66 Other Real Estate owned- __ _ 3,667.28 Cash in Vault and Amount due from approved Reserve Agents __ 47,331.29 Checks for Clearin~ and Due from other Banks None Cash Items None Overdrafts None Advance on Cotton and other Com- modities ------ ----------- 2,716.25 Customers Liability on Letters of Credit and Acceptances None Profit and Loss - None Other Resources __ None Total ____ S20 9,399.46 LIABILITIES: Capital Stock ------S 25,000.00 Capital Notes ------------------- None Surplus Fund ----------------------- 4,500.00 Undivided Profits - 1,100.92 Reserve Funds 3,167.76 Due to Banks None Dividends Unpaid None Cashier's Checks 2,102.02 Certified Checks _ None Demand Deposits ------ ----------- ______ _ 145,410.58 Time Certificates of Deposits __ 28,118.18 Saving-s Deposits None Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Li.ahilities None Total . --------$209,399.46 STATEMENT Showing condition at the close of Busines~ December 31, 1937, of the THE BANK OF EDISON Edison, Ga. As called for by the Superintendent of Banks. L. C. MANRY, THEDFORD TURNER, President. Cashier. Date of Charter: 9-24-1904 Began Business: 10-1904 RESOURCES: Loans and Discounts_ 3332,394.35 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Otht~r Stocks and Bonds owned None Banking House and Lot- 2,250.00 Furniture and Fixtures --------------- 1,250.00 Other R<'al Estate owned ____ None Cash in Vault and Amount due from approved Reserve Agents 98,665.81 Checks for Clearing and Due from other Hanks 1, 7 52.30 Cash Items 412.29 Overdrafts --------------- 39.34 Advance on Cotton and other Com- modities . ------ ------ 13,255.14 Customers Liability on Letters of Credit and Acceptances __ - None Profit and Loss --------------------- None Other Resources -------------------- None Total ____ ____________ $ 450,019.2 3 LIABILITIES: Capital Stock ____________ $ 50,000.00 Capital Notes 20,600.00 Surplus Fund 30,400.00 Undivided Profits 2,467.57 Reserve Funds 825.89 Due to Banks __ None Dividends Unpaid None Cashier's Checks 549.57 Certified Checks None DC'rnand Deposits 204,651.53 Time Certificates of Deposits 140,524.67 Savings Deposits None Letters of Credit and Accep-tances executed for Customers __ None Bills Payable ____________________ _ None Notes and Bills Rediscounted.. None Other Liabilities ---------------------------- None Total ---------------------- ______ $ 4 50,0 19.2 3 44 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of ithe GRANITE CITY BANK Elberton, Ga. As called for by the Superintendent of Banks. W. E. FORTSON, F. S. FORTSON, President. Cashier. Date of Charter: 12-3-1927 Began Business: 1-3-1928 RESOURCES: Loans and Discounts__ _ __ $374,861.60 State of Georgia and Municipal Bonds owned 11,713.93 U. S. Government Securities owned 108,126.46 Other Stocks and Bonds owned __ 5,083.00 Banking House and Lot 15,000.00 Furniture and Fixtures _ 3,824.65 Other Real Estate owned __ None Cash in Vpult and Amount due from approved Reserve Agents 100,381.04 Checks for Clearing and Due from other Banks ______________________ _ 7,984.75 Cash Items 292.76 Overdrafts 202.72. Advance on Cotton and other Com- modities --------- ------------ --------- 39,669.86 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss None Other Resources None Total --- __ $667,140.77 LIABILITIES: Capital Stock Capital Notes ---------------- 50,000.00 _______________ _ None Surplus Fund ------------------ 10,000.00 Undivided Profits ---------------- 13,943.27 Reserve Funds 1,987.35 Due to Banks 12,144.66 Dividends Unpaid 10.00 Cat5hier's Checks _ 2,315.65 Certified Checks ------- ---- --------------- 650.00 Demand Deposits 409,738.34 Time Certificates of Deposits 22,241.73 Savings Deposits __ _ 144,109.62 Letters of Credit and Acceptances ex<'cuted for Customers None Bills Payable -- --------- -------- None Notes and Bills Rediscounted None Other Liabilities --- ----- --------- .15 Total ___ $667,140.77 STATEMENT Showing condition at the close of Business' December 31, 1937, of\the BANK OF ELLAVILLE Ellaville, Ga. As called for by the Superintendent of Banks. J. H. STEVENS, H. F. DIXON, President. Cashier. Date of Charter: 9-10-1910 Began Business: 9-16-1910 RESOURCES: Loans and Discounts__ --------- $ 34,205.02 State of Georgia and Municipal Bonds owned None U _ S. Government Securities owned 32,524.85 Other Stocks and Bonds owned None Banking House and Lot_ ____ _ 2,844.57 Furniture and Fixtures 898.00 Other Real Estate owned __ None Cash in V;;tult and Amount due from approved Reserve Agents 53,320.21 Checks for Clearing and Due from other Banks 25,855.91 Cash Items None Overdrafts ---------------------------- None Advance on Cotton and other Com- modities 37,104.42 Customers Liability on Letters of Credit and Acceptances None Profit and Loss -------------------------------- None Other Resources ---------------- - ------- 9,856.49 Total ----------------------- ------ ------------ ______ $19 6' 6 0 9. 4 7 LIABILITIES: Capital Stock 25,000.00 Capital Notes None Surplus Fund 5,000.00 Undivided Profits __ ------------------- 6,058.05 Reserve Funds None Due to Banks __ None Dividends Unpaid None Cashier's Checks _______________ _ None Certified Checks ___ -------------- None Demand Deposits 126,%8.30 Time Certificates of Deposits __ 33,5R3.12 Savings Deposits __ ---------------------- None Letters of Credit and Acceptances executed for Customers None Bills Payable -------------------- None Notes and Bills Rediscounted __ None Other Liabilities --- None Total ---------------------------- -------- $19 6' 6 0 9.4 7 EIGHTEENTH ANNUAL REPORT 45 STATEMENT Showing condition at the close of Business December 31, 1937, of,the THE BANK OF ELLIJAY Ellijay, Ga. As called for by the Superintendent of Banks. E. T. HUDSON, DOW HAMRICK, President. Cashier. Date of Charter: 5-21-1914 Began Business: 6-1-1914 RESOURCES: Loans and Discounts _ $220,489.01 State of Georgia and Municipal Bonds owned 143,173.44 U. S. Government Securities owned 8,505.00 Other Stocks and Bonds owned 19,553.41 Banking House and Lot-- None Furniture and Fixtures 4,700.00 Other Real Estate owned 7,630.00 Cash in Vault and Amount due from approved Reserve Agents 138,855.50 Checks for Clearing and Due from other Banks Cash Items ---------------- ----------------- Overdrafts Advance on Cotton and other Com- modities ______________ ----------- 283.75 None 347.42 None Customers Liability on Letters of Credit and Acceptances_ Profit and Loss Other Resources None None 6,075.00 Tctal _______ $ 5 49,612.53 LIABILITIES: Capital Stock ______________ $ 15,000.00 Capital Notes 15,000.00 Surplus Fund _ 8,000.00 Undivided Profits None Reserve Funds ___ _ 2,794.45 Due to Banks _ None Dividends Unpaid None Cashier's Checks 2,392.67 Certified Checks 42.96 Demand Deposits 201,717.64 Time Certificates of Deposits __ 4,436.57 Savings Deposits 300,228.24 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities -------- None Total ----- _________ $549,612.53 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF ETON Eton, Ga. As called for by the Superintendent of Banks. W. W. KEITH, H. R. JAMES, President. Cashier. Date of Charter: 5-23-1910 Began Business: 9-1-1910 RESOURCES: Loans and Discounts $ 23,219.24 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 1,700.00 Other Stocks and Bonds owned __ _ None Banking- House and Lot ____ - None Furniture and Fixtures 2,100.00 Other Real Estate owned ___________ 11,921.95 Cash in Vault and Amount due from approved Reserve Agents 24,902.37 Checks for Clearing and Due from other Banks -------------- -- -- ------------- None Cash Items ___ 30.00 Overdrafts 110.80 Advance on Cotton and other Com- modities ------------------- - --------------- 639.45 Customers Lillbility on Letters of Credit and Acceptances __ None Profit and Loss None Other Resources None Total ...$ 64,623.81 LIABILITIES: Capital Stock __________________________________ $ 15,000.00 Capital Notes _______________ _ 6,000.00 Surplus Fund 9H3.90 Undivided Profits None Reserve Funds None Due to Banks None Dividends Unpaid None Cashier's Checks ___ _ None Certified Checks ___ None Demand Depo8its 30,346.87 Time Certificates of Deposits 12,zg3.04 Savings Deposits None Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted None Other Liabilities _____ __ None Total ------- ______________________ $ 64,623.81 46 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business; December 31, 1937, of 'the FAIRBURN BANKING COMPANY Fairburn, Ga. As called for by the Superintendent of Banks. J. H. LONGINO, Y. H. LONGINO, President. Cashier. Date of Charter: 9-14-1891 Began Business: 1902 RESOURCES: LIABILITIES: Loans and Discounts_ ----$133,785.82 State of Georgia and Municipal Bonds owned --------- None U. S. Government Securities owned 22,500.00 OthEr Stocks and Bonds owned __ None Banking House and Lot._ 7,000.00 Furniture and Fixtures_ 2,000.00 Other Real Estate owned_ ____ 9,825.00 Cash in Vault and Amount due from approved Reserve Agents 3 4,13 6. 9 3 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts None Advance on Cotton and other Com~ modities 3,912.08 Customers Liability on Letters of Credit anrl Acceptances _ None Profit and Loss None Other Resources 10 0.0 0 Capital Stock ______ $ 25,000.00 Capital Stock NonP Surplus Fund --- - 5,000.00 Undivided Profits 101.5 5 Reserve Funds None Due to Banks None Dividends Unpaid 828.00 Cashier's Checks 481.77 Certified Checks --- None Demand Deposits 98,3 i 6.43 Time Certificates of Deposits 1,961.03 Savings Deposits 81,511.05 Letters of Credit and Acceptances executed for Customers __ _ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities --- None Total --- $213,259.83 Total ---- ~213.259.83 STATEMENT Showing condition at the close of Business December 31, 1937, of the FARMERS & MERCHANTS BANK Fayetteville, Ga. As called for by the Superintendent of Banks. C. D. REDWINE, H. C. HEWELL, President. Cashier. Date of Charter: 2-16-1906 Began, Business: 3-13-1906 RESOURCES: Loans and Discounts ____ $116,361.47 State of Georgia and 1\'lunicipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned_ None Banking House and Lot _ 2,266. 79 Furniture and Fixtures_ 2,858.96 Other Real Estate owned _ 21,249.91 Cash in Vault and Amount due from approved Reserve Agents _ 69,236.44 Checks for Clearing and Due from other Banks None Cash Items 326.75 Overdrafts ----- 2,722.60 Advance on Cotton and other Com modi ties - -- ___ - 23,336.33 Customers Liability on Letters of Credit and Acceptances ___ _ None Profit and Loss ___ 1,695.85 Other Resources 936.48 Total --.-----$240,991.58 LIABILITIES: Capital Stock ___ -------------- -------- _____ S 25,000.00 Capital Notes None Surplus Fund None Undivided Profits None Reserve Funds - None Due to Banks__ - None Dividends Unpaid None Cashier's Checks 547.03 Certified Checks None Demand Deposits 201,088.45 Time Certificates of Deposits ___ 13,419.62 Savings Deposits None Lt:;ttPrs of Credit and Acceptances executed for Customers----. None Bills Payable None Notes and Bills Rediscounted_ None Other Liabilities 936.48 Total -------- --------------$2 40,9 91.58 EIGHTEENTH ANNUAL REPORT 47 STATEMENT Showing condition at the close of Business December 31, 1937, of 'the BANK OF FINLEYSON Finleyson, Ga. As called for by the Superintendent of Banks. J. W. CONNER, SR., CLARENCE FINLEYSON, President. Cashier. Date of Charter: 9-20-1910 Began Business: 9-20-1910 RESOURCES: Loans and Discounts -------$ 21,800.30 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned __ None Banking House and Lot-_ 750.00 Furniture and Fixtures 750.0 0 Other Real Estate owned 3,538.80 Cash in Vault and Amount due from approved Reserve Agents 13,989.93 Checks for Clearing and Due from other Banks None Cash ItPms 172.06 Overdrafts None Advance on Cotton and other Com- modities 26,240.52 Customers Liability on Letters of Credit and Acceptances _ None Profit and Loss-- None Other H,esourccs None Total -$ 67,242.51 LIABILITIES: Capital Stock Capital Notes Surplus Fund _ Undivided Profits ---------------~--~. Reserve Funds Dne to Banks - --------~---- Dividcnd8 Unpaid Cashier's Checks --Certified Checks Demand Deposits Time Certificates of Deposits ____ Savin~s Deposits Letters of Credit and Acceptances executed for Customers __ Bills Payable Notes and Bills Rediscounted Other Liabilities 15,0 00.00 None 5,000.00 7,362.10 200.00 None 1,200.00 511.00 None 31,500.57 6,468,84 None None None None None Total ~S 67,242.51 STATEMENT Showing condition at the close of Business' December 31, 1937, of ,the THE CITIZENS BANK Folkston, Ga. As called for by the Superintendent of Banks. WM. MIZELL, R. A. BOYD, President. Acting Cashier. Date of Charter: 12-19-1911 Began Business: 1-4-1912 RESOURCES: Loans and Discounts ~$249,367.22 State of Georgia and Municipal Bonds owned 6,918.00 U. S. Government Securities owned 93,125.00 Other Stocks and Bonds owned --- 4,894.i0 Banking House and Lot_ ______ None Furniture and Fixtures __ 1,200.00 Other Real Estate owned __ 3,142.55 Cash in Vault and Amount due from approved Reserve Agents __ 274,078.78 Checks for Clearing and Due from other Banks 2,093.01 Cash Items None Overdrafts ----- - None Advance on Cotton and other Com- modities ------------- ---------------- None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss None Other Resources ------ None Total .. $634.818.96 LIABILITIES: Capital Stock _______ $ 15,000.00 Capital Notes None Surplus Fund 15,000.00 Undivided Profits 17,101.55 Reserve Funds 15,000.00 Due to Banks _ None Dividends Unpaid 8.40 Cashier's Checks 5 41.44 Certified Checks --- None Demand Deposits 240,644.20 Time Certificates of Deposits 51,714.48 Savings Deposits --------- 27 4,408.89 Letters of Credit and Acceptances executed for Customers-- None Bills Payable ------------------ Notes and Bills Rediscounted ______ _ None None Other Liabilities 5,400.00 Total -------------------------------------------$ 6 3 4.818. 9 6 48 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business! December 31, 1937, of ithe CITIZENS BANK OF FORSYTH Forsyth, Ga. As called for by the Superintendent of Banks. H. H. HARDIN, JNO. T. STEPHENS, President. V. P. & Cash. Date of Charter: 2-17-1920 Began Business: 3-1-1920 RESOURCES: LIABILITIES: Loans and Discounts ________________ $120,496.87 State of Georgia and Municipal Bonds owned 21,699.16 U.S. Government Securities owned __ .16,411.60 Other Stocks and Bonds owned____ None Banking House and Lot_____ 2,760.00 Furniture and Fixtures _ 1.00 Other Real Estate owned.. 1,503.00 Cash in Vault and Amount due from approved Reserve Agents_ 89,308.25 Checks for Clearing and Due from other Banks 1,932.74 Cash Items ------- ---------------- 66.55 Overdrats None Advanee on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances _ None Profit and Loss __ None Other Resources None Total --------- --~254,179.17 Capital Stock ------------------------------$ 40,000.00 Capital Notes ----------------- None Surplus Fund ---------------------------------- 10,000.00 UndiYided Profits ---------------------------- 5,0 00.00 Reserve Funds --- ------------------ None Due to Banks -------------------- None Dividends Unpaid None Cashier's Checks 384.70 Certified Checks None Demand Deposits ------ ----------- -- ---- 198,500.20 Time Certificates of Deposits __ 294.27 Savings Deposits ~one Letteis of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities _ None Total _ S254,17~.17 STATEMENT Showing condition at the close of Business; December 31, 1937, of tthe THE FARMERS BANK Forsyth, Ga. As called for by the Superintendent of Banks. R. T. PERSONS, R. J. BITTICK, President. Cashier. Date of Charter: 3-9-1910 Began Business: 1910 RESOUHCES: Lo:i.P.s and Disc:ounts._ $200,667.48 Stat(' of Georgia and Municipal Bonds owned None U. S. Government Sc~urities mvned None Other Stocks anrJ Bonds owned None Banking House and Lot 2,500.00 Furniture and Fixtures- 400.00 Other Real Est2.te ow::1ed __ 50,74,1.00 Cash in \.,.ault s and Bills Rediscounted __ None Other Liabilities Not.lC Total . S312,07 ~.13 EIGHTEENTH ANNUAL REPORT 49 STATEMENT Showing condition at the close of Business1 December 31, 1937, of lthe MONROE COUNTY BANK Forsyth, Ga. As called for by the Superintendent of Banks. W. C. HILL, C. F. HEARD, President. Cashier. Date of Charter: 11-2-1908 Began Business: 10-15-1908 RESOURCES: Loans and Discounts__ ------------$237,338.23 State of Georgia and Municipal Bonds owned 14,300.00 U. S. Government Securities owned 11,925.00 Other Stocks and Bonds owned . 5,250.00 Banking House and Lot__ None Furniture and Fixtures 1,000.00 Other Real Estate owned - 11,480.60 Cash in Vault and Amount due from approved Reserve Agents 57,217.30 Checks for Clearing and Due from other Banks 1,814.67 Cash Items None Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss - None Other Resources __ None Total -------- 0 34 0,32 5.8 0 LIABILITIES: Capital Stock ---------------- - 3 25,000.00 Capital Notes ----------------. ___ _ None Surplus Fund ------------------------ 12.500.00 Undividui Profits 1,904.34 Reserve Funds None Due to Banks --- -- _______________ _ None Dividends Unpaid None Cashier's Checks 2,358.32 Certified Checks No'!le Demand Deposits 127,"'08.62 Time Certificates of Deposits __ 17,900.00 Savings Deposits 150,250.04 Letters of Credit and Acceptances exeeutt.c:d for Customers None Bills Payable None Notes and BiJls Rediscounted __ None Other Liabilities 3,004.48 Total -----$340,325.80 STATEMENT Showing condition at the close of Business December 31, 1937, of the FORT GAINES BANKING CO. Fort Gaines, Ga. As called for by the Superintendent of Banks. W. B. HALEY, W. G. GRIMSLEY, President. Cashier. Date of Charter: 2-11-1937 Began Business: 2-15-1937 RESOURCES: Loan:::; and Di~L:oun ts _ _ ________ $ 71,562.35 State of Geonda and :1\rl unicipal Bonds O\Yned- None U. S. Government Securities owned None Other Stocks and Bonds owned __ None Banking- House and Lot Furnitnrc and Fixtures 3,000.00 ai"iR.50 Other Real Eotate owned __ None Cash in Vault and Amount due from approved Reserve Agents 68,868.55 Cheeks for Clt'arin~ anti Due from other Banks None Cash Items _ E0. 51 Overdrafts Nor.c Advance on Cot ton and other Com- modities 1,667.42 Customer-s Liability on Letters of Cret~it and Acceptances __ None Profit and Loss None Other Resources None Total .. __________ $ 146,13 7.3 3 LIABILITIES: CCala:nJ~itiaall Stock Notes -----S 25,000.00 None SurplL:s Funtl 5,000.00 Undivided Profits 2,1>'0.33 Ren-rve Funds None Du" to Banks None Dividends Unpaid Cashi<::>r's Check::; )J"one Gf5.:.o s Certifietl Checks None Dem<:tnd Dcoosits 104,494.75 Time Certificates of Deposits __ None Sa \-i-:i.~fl Deposits 8,<98.19 Lettc'rs o_f Cretlit and Acceptances exe._uh~d fo.c Customers_ None Bills Payable -------~------ None 1\ote.s and Bills Redi::;counted" __ _ None Othe_;_ Liabilities None Total _____ $14 G, 13 7.3 3 50 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Businessi December 31, 1937, of the BANK OF FORT VALLEY Fort Valley, Ga. As called for by the Superintendent of Banks. W. E. GREENE, H. HUCKABEE, President Vice-Pres. & Cash. Date of Charter: 10-11-1924 Began Business: 10-15-1924 RESOURCES: Loans and Discounts__ $197,390.36 State of Georg~a and Municipal Bonds owned ---------------- 6,189.80 U. S. Government Securities owned 30,530.55 Other Stocks and Bonds owned __ _ 5,044.57 Banking House and Lot__ None Furniture and Fixtures _ 1,000.00 Other Real Estate owned 2,035.00 Cash in Vault and Amount due from approved Reserve Agents 216,494.81 Checks for Clearing and Due from other Banks 6 R5.17 Cash Items None Overdrpfts None Advance on Cotton and other Com- modities 53,52R.94 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss None Other Resources ------------------ None Total _____________ o512,R99.2o LIABILITIES: Capital Stock -------------------- ----------$ 50,000.00 Capital Notes None Surplus Fund 10,000.00 Undivided Profits 7,446.68 Reserve Funds 496.00 Due to Banks __ None DiYidends Unpaid None Cashier's Checks _ 490.28 Certificrl. Checks __ None Demand Deposits 384,582.33 Time Certificates of Deposits __ 1,884.4 7 Savings Deposits 57.999.44 Letters of Credit and Acceptances executed for Customers __ _ None Bills Payable None Notes and Bills Rediscounted No!1e Other Liabilities . ------------------ None Total ______________ s512,89 9.2 o STATEMENT Showing condition at the close of Businesl! December 31, 1937, of the THE BANK OF HEARD COUNTY Franklin, Ga. As called for by the Superintendent of Banks. E. E. LEWIS, H. J. MICKLE, President. Cashier. Date of Charter: 10-14-1905 Began Business: 10-18-1905 RESOURCES: Loans and Discounts - $ 5 3,148.29 State of Georgia and Municipal Bonds owned- 48,470.54 U. S. Government Securities owned 35,924.38 Other Stocks and Bonds owned __ - None Banking House and Lot ----------------- 2,844.00 Furniture and Fixtures 2,565.00 Other Real Estate owned 10,788.38 Cash in Vault and Amount due from approved Reserve Agents 77,364.38 Checks for Clearing and Due from other Banks 5,000.00 Cash Items -- ----- ------------------ None Overdrafts None Advance on Cotton and other Com- modities ---------------------- 8,133.55 Customers Liability on Letters of Credit and Acceptances None Profit and Loss. ---------------- None Other Resources ------------------- None Total ------ ------------------------- _____$ 2 4 4,2 3 8.5 2 LIABILITIES: Capital Stock ______ $ 25,000.00 Capital Notes None Surplus Fund 5,000.00 Undivided Profits 258.46 Reserve Funds None Due to Banks __ None Dividends Unpaid 1,000.00 Cashier's Checks 131.68 Certified Checks ---------- ..._ None Demand Deposits 117,670.58 Time Certificates of Deposits 3,031.82 Savings Deposits 92,145.98 Letters of Credit and Acceptances executed for Customers ______________ _ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total ----- ----------------- __________ $244,2 38.52 EIGHTEENTH ANNUAL REPORT 51 STATEMENT Showing condition at the close of Business~ December 31, 1937, of the THE CITIZENS BANK Gainesville, Ga. As called for by the Superintendent of Banks. JOHN H. HOSCH, ROBT. A. BRICE, President. Cashier. Date of Charter: 5-19-1913 Began Business: 6-2-1913 RESOURCES: Loans and Discounts-- _ $501,849.84 State of Georgia and Municipal Bonds owned 22,106.12 U. S. Government Securities owned 25,000.00 Other Stocks and Bonds owned ____ 15,300.00 Banking House and Lot None Furniture and Fixtures __ 4,827.50 Other Real Estate owned _____ _ 20,391.16 Cash in Vault and Amount due from approved Reserve Agents 227,306.01 Checks for Clearing and Due from other Banks 8,460.71 Cash Items 31.RO Overdr.afts 4.90 Advance on Cotton and other Com- modities 23,885.99 Customers Liability on LE'tters of Credit and Acceptances None Profit and Loss __ None Other Resources 5,000.00 Total --- $854,164.03 LIABILITIES: Capital Stock _______ $ 50,000.00 Capital Notes None Surplus Fund 25,000.00 Undivided Profits 15,000.00 Reserve Funds 2,053.12 Due to Banks __ 5,880.99 Dividends Unpaid 2,188.00 Cashier's Checks 173.48 Certified Checks None Demand Deposits 522,252.49 Time Certificates of Deposits __ 100.00 Savings Deposits 231,515.95 Letters of Credit and Acceptances executed for Customers._~-- None Bil!s Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total ---- -------$8 54,164.0 3 STATEMENT Showing condition at the close of Business' December 31, 1937, of the BANK OF GIBSON Gibson, Ga. As called for by the Superintendent of Banks. E. E. GRIFFIN, E. E. GRIFFIN, President. Cashier. Date of Charter: 11-7-1905 Began Business: 11-27-1905 RESOURCES: Loans and Discounts $ 38,577.43 State of Georgia and Municipal Bonds owned 21,629.10 U. S. Government Securities owned 2,900.00 Other Stocks and Bonds owned __ . 505.00 Banking House and Lot - 3,000.00 Furniture and Fixtures 1,600.00 Other Re;1l Estate owned_ None Cash in Vault and Amount due from approved Reserve Agents 25,576.41 Checks for Clearing and Due from other Banks ----------------- None Cash Items None Overdrafts ----------------------- 588.57 Advance on Cotton and other Com- modities ---- ---- -------------- None Customers Liability on Letters of Credit and Acceptances_ Profit and Loss ___ ______________ _ None None Other Resources 7,191.32 Total ---- _____ $10 1,56 7.8 3 LIABILITIES: Capital Stock Capital Notes Surplus Fund Undivided Profits Reserve Funds Due to Banks Dividends Unpaid C,ashier's Checks Certified Checks Demand Deposits __________ ____ _ Time Certificates of Deposits Savings Deposits --Lett('rs of Credit and Acceptances executed for Customers __ _ Bills Payable Notes and Bills Rediscounted. Other Liabilities 15,000.00 None 3,000.00 3,200.00 None None None 435.68 None 79,932.15 None None None None None None Total ------ $101,567.83 52 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the THE GLENNVILLE BANK Glennville, Ga. As called for by the Superintendent of Banks. W. F. DURRENCE, J. A. BACON, President. Cashier. Date of Charter: 1-12-1905 Began Business: 1-18-1905 RESOURCES: Loans and Discounts- ---- Sl61,982.G6 State of Georgia and Municipal Bonds O\"vned 1,708.80 U. S. Government Securities owned 50,975.00 Other Stocks and Bonds owned ___ _ None Banking House and Lot 3,250.00 Furniture and Fixtures 1,000.00 Other Real Estate owned 7,350.00 Cash in Vault and Amount due from approved Reserve Agents 55,5/-1.22 Checks for Clearing and Due from other Banks 2,252.63 Cash Items None Overdraft~ None Advance on Cotton and other Com- modities 34,494.62 Customers Liability on Letters of Credit and Acceptances __ _ None Profit and Loss- None Other Resources None Total LIABILITIES: Capital Stock __________ $ 30,000.00 Capital Notes 20,000.00 Surplus Fund 12,000.00 Unrlivided Profit.:; I R2.36 Res~rve Funds 5,000.00 D'le to Banks None Divirlenrl::; Unpaid None C:::shiflr's Che('ks 6,150.7n Certifier] Checks None DPmand Deposits 154,754.33 TimP Certificates of Deposits 90,4D1.~5 Sa \ings Deposits None Letters of CrcUit and Acceptances ('xeeuterl for Customers_ None B~lls Payable NonP N otcs and Bills Rediscounted None Other Liabilities Konc Total $318,5S7.93 STATEMENT Showing condition at the close of Business! December 31, 1937, of the BANK OF GRAY Gray, Ga. As called for by the Superintendent of Banks. D. V. CHILDS, J. L. MERCER, President. Cashier. Date of Charter: 8-23-1909 Began Business: 8-28-1909 RESOURCES: Loans and Discounts --S 27,655.94 State of Georg-ia and Municipal Bonds ov:ned None U. S. Government Securities owned None Other Stocks and Bonds owned ___ None Banking House and LoL-----~ 2,250.00 Furniture and Fixtures 1,000.00 Other Real Estate owned_ 11,895.00 Cash in Vault and Amount due from approved Reserve Agents 42,223.03 Checks for Clearing and Due from other Banks --- None Cash Items None Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances_ None Profit and Loss None Other Resources 659.04 Total __ s s5,1i83.o1 LIABILITIES: Capita! Stock - s 15,000.00 Capital Kates ____ 10,00.00 Surplus Fund None Undividell Profits None Re~erve Funds 1,000.00 Due to Banks _ None Dividends Unpaid Nonl' Cashier's Checks 59.50 Certified Checks None I:'cmand Deposits 54,821.48 Time Certificates of Deposits_ None Savings Deposits _________ _ 4,802.03 Letters of Credit and Acceptances executed for Custon1ers __ None Bills Payable None .Notes and Bills Rediscounted __ None Other Liabilities --- None Total __ $ 85,683.01 EIGHTEENTH ANNUAL REPORT 53 STATEMENT Showing condition at the close of Business\ December 31, 1937, of the BANK OF GREENSBORO Greensboro, Ga. T. B. RICE, President. As called for by the Superintendent of Banks. C. WELDON SMITH, Acting Cashier. Date of Charter: 10-13-26 Began Business: 10-14-26 RESOURCES: Loans and Discounts _____ $ 61,54RA6 State of Georgia and Municipal s.Bonds owned 17,889.98 U. Government Securities owned 3,900.00 Other Stocks and Bonds owned __ 1,060.00 Banking House and Lot _ None Furniture and Fixtures 1.00 Other Real Estate o"vnerl - None Cash in Vau1t and Amount due from approved Reserve- Agents 70,130.57 Checks for Clearinn: and Due from other Banks 2,253.2~ Cash Items None Overdrafts 285.3-1 Advance on Cotton and other Com- modities 24,132.S2 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss __ None Other Resources None Total 8181,201.46 LIABILITIES: Capital Stock Capital Notes Surplus Fund Undivided Profits Re!'ierve Funds Due to Banks Dividends Unpairl Cashier's Checks Certified Checks Demand Deposits Time Certificates of Deposits Savings Deposits Letters of Credit and Accentances execated for Customers ~ Bills Payable Notes and Bills Rediscounted_ Other Liabilities 25,000 oo None 10,000.00 4,G8S.06 None None 1,004.00 3,325.7 3 None 137,1fl~l.77 None None None None None 13.83 Total - $181,201.46 STATEMENT Showing condition at the close of Business/ December 31, 1937, of the THE GREENVILLE BANKING CO. Greenville, Ga. As called for by the Superintendent of Banks. J.P. ATKINSON, W. L. PINKSTON, President. Cashier. Date of Charter: 10-24-1887 Began Business: 1891 RESOURCES: Loans and Di:::>counts ____ 5;185,769.08 State of Georgia and Municipal Bonds owned ------ 7,231.65 U. S. Government Securities owned 16,116.50 Other Stocks nnd Bonds owned __ None Banking House and Lot __ . 8.500.00 FurnitUre and Fixtures __ 4,500.00 Other Real Estate O\vned _ 43,G47.01 Cash in Vault and Amount due from approved Reserve Agents 56,88 0. 7 G Checks for Clearing and Due from other Banks ---- None Cash Items 468.40 Overdrafts 213.48 Advance on Cotton and other Com- modities 47,795.50 Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources 171.36 Total $371,294.34 LIABILITIES: CaDital Stock Capital Notes Surplus Fund Undivided Profits Reserve Funds D~1e 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 13,000.00 2,499.46 500.00 None None 771.10 None 169,840.03 84,683.75 :None None None None Non~ Total . 3371,294.34 54 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business; December 31, 1937, of the COMMERCIAL & SAVINGS BANK Griffin, Ga. As called for by the Superintendent of Banks. T. T. BLAKELY, C. B. PIERCE, JR., President. Cashier. Date of Charter: 10-11-1889 Began Business: 1890 RESOURCES: Loans and Discounts-- -------- ______ $683,449.33 State of Georgia and Municipal Bonds owned 14,223.60 U. S. Government Securities owned 76,960.94 Other Stocks and Bonds owned._ 31,350.00 Banking House and Lot 25,000.00 Furniture and Fixtures __ 5,196.00 Other Real Estate owned __ 46,293.53 Cash in Vault and Amount due from approved Reserve Agents 419,197.31 Checks for Clearing and Due from other Banks 8,450.94 Cash Items None Overdrafts ------ 325.58 Advance on Cotton and other Com modities 63,502.77 Customers Liability on Letters of Credit and Acceptances None Profit and Loss __ None Other Resources 1,507.56 Total --- $1,375,457.56 LIABILITIES: Capital Stock _________ $1 0 0,000.00 Capital Notes None Surplus Fund 25.000.00 Undivided Profits 34,237.92 Rpsenre Funds 9,138.00 Due to Banks 19,995.47 Dividends Unpaid 8,000.00 Cashier's Checks 7,115.10 Certified Checks __ _ None Demand Deposits 744,598.87 Time Certificates of Deposits __ 15,534.99 Savings Deposits ________ 411,837.21 Letters of Credit and Acceptances executed for Customers None Bills Payable _ ---------------- None Notes and Bills Rediscounted None Other Liabilities _ -------------------------- None Total ---- _$1,375,457_56 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE STATE BANK Griffin, Ga. As called for by the Superintendent of Banks. D. R. CUMMING, S. T. MARTIN, President. Cashier. Date of Charter: 4-24-1933 Began Business: 5-2-1933 RESOURCES: Loans and Discounts _____ $366,062.54 State of Georgia and Municipal Bonds owned 12,339.02 U. S. Government Securities owned 142,981.51 Other Stocks and Bonds owned 26,411.48 Banking House and Lot __ None Furniture and Fixtures _ 6,000.00 Other Real Estate owned __ None Cash in Vault and Amount due from approved Reserve Agents 445,678.09 Checks for Clearing and Due from other Banks 13,439.69 Cash Items None Overdrafts 200.87 Advance on Cotton and other Com- modities 56,346.03 Customers Liability on Letters of Credit and Acceptances --- None Profit and Loss None Other Resources None Total ---------------- ___________$1,069,459.23 LIABILITIES: Capital Stock s _________ 50,000_00 Capital Notes None Surplus Fund 40,000.00 Undivided Profits 6,712.44 Reserve Funds None Due to Banks None Dividends Unpaid None Cashier's Checks 712.65 Certified Checks None Demand Deposits 814,365.30 Time Certificates of Deposits _ 48,828.31 Savings Deposits _________ ------------------ 108,840.53 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total ------------------ -----$1,0 69,45 9.2 3 EIGHTEENTH ANNUAL REPORT 55 STATEMENT Showing condition at the close of Businest~ December 31, 1937, of the JONES COUNTY BANK Haddock, Ga. As called for by the Superintendent of Banks. GRADY A. SMITH, GRADY A. SMITH, President. Cashier. Date of Charter: 7-14-1905 Began Business: 7-25-1905 RESOURCES: Loans and Discounts _ ___________ $ 66,004.14 State of Georgia and Municipal U. Bso.nGdsovoewrnnmedent Securities owned 5,235.30 None Other Stocks and Bonds owned __ _ None Banking House and Lot_ 1,500.00 Furniture and Fixtures Other Real Estate owned _______ 1.500.00 10,000.00 Cash in Vault and Amount Due from approved Reserve Agents 14,190.35 Checks for Clearing and Due from other Banks ------ None Cash Items Overdrafts ------ _________ _ None 152.66 Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances ___ _ None Profit and Loss .. None Other Resources None Total __ $ 98,582.45 LIABILITIES: Capital Stock -------------- _ ___ .. $ 25,000.00 Capital Notes ------ None Surplus Fund None Undivided Profits 766.76 Reserve Funds None Due to Banks_. None Dividends Unpaid None Cashier's Checks ---- 1,274.24 Certified Checks __ None Demand Deposits 45,616.53 Time Certificates of Deposits ______ 25,924.92 Savings Deposits --- _ None Letters of Credit and Acceptances executed for Customers __ None Bills Payable ----- ---------------- None Notes and Bi1ls Rediscounted ___ _ None Other Liabilities None Total ___ _ --$ 98,582.45 STATEMENT Showing condition at the close of Business! December 31, 1937, of the THE CITIZENS BANK OF HAHIRA Hahira, Ga. As called for by the Superintendent of Banks. R. C. LESTER, H. T. SCRUGGS, President. Cashier. Date of Charter: 2-12-1927 Began Business: 2-21-1927 RESOURCES: Loans and Discounts__ ___ ___________ $ 35,795.33 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 5,000.00 Other Stocks and Bonds owned ___ None Banking House and Lot _ 1,750.00 Furniture and Fixtures 2,275.94 Other Real Estate owned ________ 60.25 Cash in Vault and Amount due from approved Reserve Agents 40,069.11 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts ------------------- 27.70 Advance on Cotton and other Com- modities 22,610.27 Customers Liability on Letters of Credit and Acceptances _ None Profit and Loss None Other Resources 325.00 Total _____ -- $107,913.60 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 ('Xecuted for Customers _____ _ Bills Payable ___ __ Notes and Bills Rediscounted __ Other Liabilities 15,000.00 5,000.00 None None 525.00 None None None None 58,704.67 10,360.83 18,323.10 None None None None Total __ $107,913.60 56 DEPARTMENT OF BANKING STATEMENT I 4 Showing condition at the close of BusinesS/ December 31, 1937, of the BANK OF COLUMBUS COUNTY ' Harlem, Ga. As called for by the Superintendent of Banks. J. T. BARNSLEY, WM. C. CLARY, JR., President. Cashier. Date of Charter: 11-29-1909 Began Business: 12-13-1909. RESOURCES: Loans and Discounts $ 85,213.17 State of Georgia and Municipal Bonds owned-_____ None U. S. Government Securities O\vned 750.00 Other Stocks and Bonds owned_ 10.118.36 Banking House and Lot_ 4,800.00 Furniture and Fixtures 1,000.00 Other Real Estate owned__ 3,799.50 Cash in Vault and Amount due from approved Reserve Agents _ 41,165.49 Checks fer CJearin~~ and Due from other Banks None Cash Items None Q-.cerdrafts 56.62 AdYancf' on Cotton and other Com- Inodities None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss None Other Resources None Total 3146,003.14 LIABILITIES: Capital Stock -- ---------------------- ----------S 25,000.00 Capital Notes None Surplus Fund 4,000.00 Undividerl Profits None Reserve Funds 201.04 DuE-' to Banks None Dividends Unpaid --- _ ---------------------- 500.00 Cashier's Checks 23.65 Certified Checks None Demand Deposits 82,282.46 Time Certificates of Deposits 3-1,8G2.04 Savinp:s Deposits 25.50 Letters of Credit and Acceptances C'X(-'C~ned for Customers __ NonC' Bills :Payable None Notes and Bills F.ectiscounted __ None Other Liabilities 18.45 Total 31-16,903.14 STATEMENT Showing condition at the close of Businestl December 31, 1937, of the PLANTERS BANK Hawkinsville, Ga. As called for by the Superintendent of Banks. N. A. JELKS, D. P. McGRIFF, President. Cashier. Date of Charter: 2-27-1896 Began Business: 3-1896 RESOURCES: Loans and Discounts --- S239,803.9-! State of Georgia and 1\'Iunicipal Bonds owned None U. S. Government Securities owned 17,300.00 Othpr Stocks and Bonds owned __ 14,971.00 Banking House and Lot__ 11,000.00 Furniture anrl Fixtures __ 2,750.00 Other Real Estate owned 9,988.06 Cash in Vault and Amount due from approved l{pserve Agents__ 154,775.98 Checks for Clearing and Due from other Banks ------------------ -------- 3,087.38 Cash Items None Overrlrafts None Aci\ranee on Cotton and other Com- modities - ----- 1,276.23 Cusl,_omers Liability on Letters of Credit and Acceptances None Profit and Loss ------------ _______ None Other Resources None Total - ----- $45 4,9 5 2.5 9 LIABILITIES: Cau;tal Stock ____ $ 50,000.00 Capital Notes --------------------------- None Surplus Fund -- --------------- ------------ 50,000.00 Cndivide.-l Profits ----------------------- 29,500.00 Reserve Funds 2,123.86 Due to Banks-- None Dividends Unpaid 2,500.00 Coshier's Ch2cks 1,530.R2 Certified Checks 7.50 Demand Deposits 269,075.97 Tirne Certificates of Deposits __ 50,214.44 Savings Deposits None Letters of Credit and Acceptances f:'X('Cuted for Customers __ None Bill> Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total ----------------------- ----------- $ 4 54,9 52.5 9 EIGHTEENTH ANNUAL REPORT 57 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF HAZLEHURST Hazlehurst, Ga. As called for by the Superintendent of Banks. JOHN ROGERS, B. B. WOOTEN, President. Cashier. Date of Charter: 10-19-1906 Began Business: 1906 RESOURCES: Loans and Discounts - $ 39,578.53 State of Georgia and Municipal Bonds o\vned None U. S. Government Securities owned None Other Stocks and Bonds owned __ 1.00 Banking House and Lot- None Furniture and Fixtures_ 1.00 Other Real Estate owned __ 1.00 Cash in Vault and Amount due from flpproved Reserve Agents 241,862.12 Checks fnr Clearing and Due from othE'r Banks 2,309 67 c~sh Items None O'"t?rdrafts None Advance on Cotton and other Com- Inodities 12,708.83 Customers Liability on Letters of Credit and Acceptanct:s Non0 Profit and Loss __ None Other Resources None Total . -------8296,46:2.15 LIABILITIES: Capital Stock $ 25,000.00 Capital Notes None Surplun Fund - 10,000.00 Undividerl Profits 11,030.81 RPserve Funds None Due to Banks None Dividends Unpaid None Cashier's Checks 1,252.52 Certified Checks 9.00 De1nanil Deposits 241,446.S4 Time Certificates of Deposits 7,72~.9R R!1\ings Deposits Nor.c Letters of Credit and Acceptances excn;ted for Customers __ None Bills Payable None Notes [lnd Bills Rediscounted None Other LiaLi!ities None Total ____ ;3296,<16~.15 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF HIAWASSEE Hiawassee, Ga. As called for by the Superintendent of Banks. J. F. JOHNSON, \V. 0. SPARKS, President. Cashier. Date of Charter: 6-14-1909 Began Business: 7-21-1909 RESOURCES: Loans and Discounts - - -- S 34,591.16 State of Georgia and Municipal Bonds owned None U. S. Govcrnrnent Securities owned 17.:)00.00 Other StocLs and Bonds owned-- None Banking House and LoL- 1,500.00 Furniture and Fixtures 500.00 Other Real Estate owned __ 1,700.00 Cash in Vault and Amount due from approved Reserve Agents 95,110.60 Checks for Clearing and Due from other Banks - None Cash Items None Overdrafts None Advance on Cotton and other Com- moditips None Customers Liability on Letters of Credit and Acceptances None Profit and Loss __ None Other Resources None Total .5150,901.76 LIABILITIES: Capital Stock -- S 15,000.00 Capital N otcs None Surplus Fund 5,000.00 UndivUed Profits 4,745.60 Reserve Funds None Due to Banks _ None Dividends Unpaid None Cashier's Checks 420.86 Certified Checks None D.:omand Deposits 110,578.93 Time Certifieates of Devosi~:S 6,156.37 Savings Deposits None Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total ___ - 3150,901.76 58 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the THE HINESVILLE BANK Hinesville, Ga. As called for by the Superintendent of Banks. D. F. MARTIN, T. H. McDOWELL, President. Cashier. Date of Charter: 9-4-1911 Began Business: 11-15-1911 RESOURCES: Loans and Discounts $105,927.97 State o: Georgia and :Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned __ 5,000.00 Banking House and Lot_ ___ _ 1,189.20 Furniture and Fixtures __ 2,129.84 Other Real Estate owned_ 1,150.00 Cash in Vault and Amount due from approved Reserve Agents _ 54,157.15 Checks for Clearing and Due from other Banks 973.55 Cash Items None Overdrafts ---------- None Advance on Cotton and other Com- modities None Customers Liability on Letters of Crerlit and Acceptances __ None Profit and Loss _ None Other Resources None Total .... $170,527.71 LIABILITIES: Capital Stock ____ $ 15,000.00 Capital Notes None Surplus Fund - 6,000.00 Undivided Profits 3,840.99 Reserve Funds 500.00 Due to Banks None Dividends Unpaid None Cashier's Checks -------- 10,780.39 Certified Checks 64.17 Demand Deposits 118,409.99 Time Certificates of Deposits----- 15,749.16 Savings Deposits None Letters of Credit and Acceptances cxecutt-d for Customers ___ _ None Bills Payable ---------- None Notes and BiJls Rediscounted None Other Liabilities ----- 183.01 Total ... $170,527.71 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF ILA Ila, Ga. As called for by the Superintendent of Banks. G. H. WESTBROOK, J. R. WESTBROOK, President. Cashier. Date of Charter: 10-11-1910 Began Business: 10-15-1910 RESOURCES: Loans and Discounts__ _____ $ 44,265.54 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned None Banking House and Lot-_ 2,000.00 Furniture and Fixtures 1,128.60 Other Real Estate owned.. 13,400.00 Cash in Vault and Amount due from approved RC'serve Agents. 8,493.68 Checks for Clearing and Due from other Banks 1,463.40 Cash Items None Overdrafts 9.95 Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss~-_ None Other Resources None Total _____ $ 70,761.17 LIABILITIES: Capital Stock __ ---- --~ $ 15,000~00 Capital Notes None Surplus Fund 13,734.64 Undivided Profits 16.37 Reserve Funds None Due to Banks ___ None Dividends Unpaid 2,000.00 Cashier's Checks 13.25 Certified Checks None Demand Deposits 18,653.81 Time Certificates of Deposits 21,343.10 Savings Deposits ------- None Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total ---------------------------- _________________ $ 70,761.17 EIGHTEENTH ANNUAL REPORT 59 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF JONESBORO Jonesboro, Ga. As called for by the Superintendent of Banks. ELIZABETH M. BLALOCK, J. B. PULLIAM, President. Cashier. Date of Charter: 10-6-1903 Began Business: 11-7-1903 RESOURCES: Loans and Discounts.. - ______ $123,755.11 State of Georgia and Municipal U. Bso. nds owned Governmen t Securities owned None 69,141.83 Other Stocks and Bonds owned ____ None Banking House and Lot__ 1,500.00 Furniture and Fixtures __ 1,500.00 Other Real Estate owned 39,635.77 Cash in Vault and Amount due from approved Reserve Agents 112,543.69 Checks for Clearing; and Due from other Banks None Cash Items 51.19 Overdrafts None Advancp on Cotton and other Com- modities 3,770.84 Customers Liability on Letters of Credit and Acceptances __ _ None Profit and Loss _ None Other Resources None Total -- _______ $351,898.43 LIABILITIES: Capital Stock ---------------- ... $ 25,000.00 Capital Notes None Surplus Fund ------------------------ 25,000.00 Undivided Profits 136.27 Reserve Funds 426.82 Due to Banks None Dividends Unpaid None Cashier's Checks 199.40 Certified Checks None Demand Deposits 223,579.17 Time Certificates of Deposits ..__ _ None Savings Deposits 77,556.77 Letters of Credit and Acceptances executed for Customers __ .__ _ None Bills Payable ------------------- None Notes and Bills Rediscounted_ None Other Liabilities _---------------- None Total -- __________ $351,898.43 STATEMENT Showing condition at the close of Business December 31, 1937, of the FARMERS & MERCHANTS BANK Junction City, Ga. As called for by the Superintendent of Banks. c. w. MOORE, W. A. BLYTHE, President. Cashier. Date of Charter: 3-23-1912 Began Business: 3-3-1912 RESOURCES: Loans and Discount _________$ 44,627.90 State of Georgia and Municipal Bonds owned ---------------------- None U. S. Government Securities owned None Other Stocks and Bonds owned.... 700.00 Banking House and Lot 900.00 Furniture and Fixtures_. __________ 1,100.00 Other Real Estate owned ____ _ 210.87 Cash in Vault and Amount due from approved Reserve Agents 26,650.02 Checks for Clearing and Due from other Banks None Cash Items . _ -------------- 72.64 Overdrafts -------------- --------- None Advance on Cotton and other Com- modities ---------------- 4,684.65 Customers Liability on Letters of Credit and Acceptances ________________ None Profit and Loss ...__ ---------------------------- None Other Resources ------------------ None Total .... _______ $ 78,946.08 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 Letters of Credit and Acceptances executed for Customers.. Bills Payable Notes and Bills Rediscounted Other Liabilities -- ----------------- 15,000.00 None 15,000.00 143.55 None None 900.00 186.93 None 36,923.74 10,791.86 None None None None None Total _ ______ $ 78,946.08 60 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the KENNESAW STATE BANK Kennesaw, Ga. As called for by the Superintendent of Banks. J. G. LEWIS, L. C. CHALKER, President. Cashier. Date of Charter: 4-20-1910 Began Business: 3-1910 RESOURCES: Loans and Discounts .. ________________ $ 34,926.84 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned __ None Banking House and Lot-------- 3,500.00 Furniture and Fixtures ___ ---------------- 2,222.68 Other Real Estate owned.. 3,189.00 Cash in Vault and Amount due from approved Reserve Agents 10,038.64 Cheeks for Clearing and Due from other Banks ------------------ None Cash Items ------------------- __________________ None Overdrafts ----- ---------------- 123.43 Advance on Cotton and other Com- modities ---------------------- ----------------- 5,150.00 Customers Liability on Letters of Credit and Acceptances None Profit and Loss - None Other Resources None Total ----S 59,150.59 LIABILITIES: Capita~ 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 15,000.00 None None 2,507.82 None None None 59.S3 None 14,945.99 26,636.95 None None None None None Total ----------- ------- -----------------------$ 59,150.59 STATEMENT Showing condition at the close of Business December 31, 1937, 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_ ________ $ 35,083.65 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 475.00 Other Stocks and Bonds owned ____ None Banking House and LoL --~------------ 1,2 0 0.0 0 Furniture and Fixtures 1,080.89 Other Real Estate owned . 1,500.00 Cash in Vault anrl Amount due from approved Reserve Agents 43,452.86 Checks for Clearing and Due from other Banks - None Cash Items None 0':erdraft8 2.36 Advan('c on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss- None Other Resources None Total ____ s 82,794.76 LIABILITIES: Capital Stock ----------------- ____ -------S 15,000.00 Capital Notes --- None Surplus Fund 10,000.00 Undivided Profits 2,545.48 Reserve Funds None Due to Banks __ None..' DiYidends Unpaid No:1r.? Cashier's Checks ________________ _ ~2.S5 Certified Checks _____________________ _ None Demand Deposits 42,286.37 Time Certificates of Deposits __ None Savings Deposits 12,8SO.OG Let Lors of CrE'dit and Acceptances f:'Xecuted for Customers ____ - None Bills Payable None NotPs and Bills Rediscounted __ None Other Liabilities NonC' Total -----S 82,7!!4.76 EIGHTEENTH ANNUAL REPORT 61 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE BANK OF LAFAYETTE LaFayette, Ga. As called for by the Superintendent of Banks. W. A. ENLOE, C. C. GILBERT, President. Cashier. Date of Charter: 11-13-1899 Began Business: 1899 RESOURCES: Loans and Discounts__ ----S324,76L36 State of Georgia and Municipal Bonds owned 55,566.97 U. S. Government Securities owned 103,S40.90 Other Stocks and Bonds owned.. 3,000.00 Banking House and Lot ------------------- 28,000.00 Furniture and Fixtures __ 5,000.00 Other Real Estate owned __ 36,223.56 Cash in Vault and Amount due from approved Reserve Agents 195,329.93 Chtcks for Clearing and Due from other Banks None Cash Items ---------- ---------------------------- 3,265.58 Overdrafts 2,671.80 Advance on Cotton and other Com- modities ---------------- None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss - - ------------------ None Other Resources ---- ----------------- None Total ------ $757,660.10 LIABILITIES: Capital Stock .......________________ _ .$ 50,000.00 Capital Notes None Surplus J;"'und 35,000.00 Undivided Profits ------------------- 2,113.22 Reserve Funds None Due to Banks. None Dividends Unpaid .... 4,000.00 Cashier's Checks --------- 152.77 Certified Checks None Demand Deposits 340,370.12 Time Certificates of Deposits.. 93,815.69 Savings Deposits .... 232,208.30 Letters of Credit and Acceptances executed for Customers None Bills Payable ..............____ _ None Notes and Bills Rediscounted __ _ Other Liabilities - ____.._____________ . None None Total ..___ $757,660.10 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE CITIZENS AND SOUTHERN BANK OF LAGRANGE LaGrange, Ga. As called for by the Superintendent of Banks. LEWIS PRICE, R. C. KEY, President. Cashier. Date of Charter: 7-23-1937 Began Business: 8-2-1937 RESOURCES: LIABILITIES: Loans and Discounts _______________________ $689,814.71 State of Georgia and Municipal Bonds owned --------------------- 73,740.55 U. S. Government Securities owned 691,656.65 Other Stocks and Donds owned __ . 7G,!Jl5.50 Banking House and Lot 23,941.82 Furniture and Fixtures None Other Real Estate owned . 1,377.84 Cash in Vault and Amount due from appro\ed H.eserve Agents 409,056.20 Checl_..._:5 fur Clcarinh and Due from other Banks None Cash Items -----------------------Overdrafts 1,810.46 70~1.54 Advance' on Cotton and other Com- modities 640,173.27 CustomErs Liability on Letters of Credit and Acceptances _ None Profit and Loss Other Resources ---- ---------------- None 4,335.27 Capital Stock ___ $100,000.00 Capital Notes None Surplus Fund 100,000.00 Undivided Profits 11,883.70 Reserve Funds 34,638.25 Due to Banks __ 20,415.34 Dividends Unpaid 4,000.00 Cashier's Checks None Certified Checks Demand Deposits 2,412.<.5 ______________ 1,5 64,52 7. g +3 Time Certificates of Deposits_ None Savings Deposits 775,459.30 Letters o-; Credit and Acceptances executed for Customers __ None Bills Payable None Notes anJ Bills Rediscounted __ None Other Liabilities --------------------- 189.51 Total ___ $2,613,626.81 Total _______________......... ______ $2,613,526.81 -------------------------------------------------------- 62 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the FARMERS & MERCHANTS BANK Lakeland, Ga. As called for by the Superintendent of Banks. W. L. MILLER, W. C. BANKS, President. Cashier. Date of Charter: 4-18-1907 Began Business: 1907 RESOURCES: Loans and Discounts------------------------S 116,49 5.47 State of Georgia and Municipal Bonds owned --- -------------------- 5,000.00 U. S. Government Securities owned None Other Stocks and Bonds owned. None Banking House and Lot 2,000.00 Furniture and Fixtures-- 2,000.00 Other Real Estate owned __ 10,650.00 Cash in Vault and Amount due from approved Reserve Agents 86,973.09 Checks for Clearing and Due from other Banks ___ ------ None Cash Items -------------------------------------- 61.80 Overdrafts --- 210.59 Advance on Cotton and other Com- modities ----------------- None Customers Liability on Letters of Credit and Acceptances ___ _ None Profit and Loss ---------------- None Other Resources --- None Total -----------------$2 2 3,3 90.9 5 LIABILITIES: Capital Stock ---------------------------- ....... $ 25,000.00 Capital Notes 20,000.00 Surplus Fund 2,500.00 Undivided Profits --------------------- 1,539.56 Reserve Funds 1,000.00 Due to Banks __ None Dividends Unpaid 30.00 Cashier's Checks ---------------------------- 241.60 Certified Checks - None Demand Deposits - 90,390.27 Time Certificates of Deposits-- 75,087.11 Savings Deposits 7,602.41 Letters of Credit and Acceptances executed for Customers ____ _ None Bills Payable ------- ---- --------- None Notes and Bills Rediscounted __ None Other Liabilities None Total -----------------$2 2 3,3 9 0. 95 STATEMENT Showing condition at the close of Business December 31, 1937, of the LAKE PARK BANK Lake Park, Ga. As called for by the Superintendent of Banks. EWELL BROWN, EWELL BROWN, President. Cashier. Date of Charter: 1-22-1906 Began Business: 3-1906 RESOURCES: Loans and Discounts________ _____ $ 24,509.47 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 100.00 Other Stocks and Bonds owned.. None Banking House and Lot_ _________ 1,000.00 Furniture and Fixtures _ 500.00 Other Real Estate owned-------- 1,573.91 Cash in Vault and Amount due from approved Reserve Agents 15,716.78 Checks for Clearing and Due from other Banks ------------------ 49.00 Cash Items -------------------------- 21.25 Overdrafts -------------------- 34.61 Advance on Cotton and other Com- modities ------------------------- None Customers Liability on Letters of Credit and Acceptances ________________ None Profit and Loss ____________________ None Other Resources ------------------------------ None Total ________ ----------------------- ________________ $ 43,505.02 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 Credit and Acceptances executed for Customers ______________ Bills Payable ----------------------------------Notes and Bills Rediscounted... Other Liabilities ----------------------- 15,000.00 None 1,770.21 1,078.43 None None None None None 21,595.67 4,060.71 None None None None None Total __________ -------------------------------------$ 43,505.02 EIGHTEENTH ANNUAL REPORT 63 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE BRAND BANKING CO. Lawrenceville, Ga. As called for by the Superintendent of Banks. BARTOW MORGAN, JR. F. F. DOWIS, President. Cashier. Date of Charter: 6-2-1905 Began Business: 7-17-1905 RESOURCES: Loans and Discounts__ ~172,089.18 State of Georgia and Municipal Bonds owned 57,956.62 U. S. Government Securities owned 113,337.50 Other Stocks and Bonds owned __ 23,318.75 Banking House and Lot_ ________ _ None Furniture and Fixtures 2,130.00 Other Real Estate owned_ 25,854.30 Cash in Vault and Amount due from approved Reserve Agents 85,188.86 Checks for Clearing and Due from other Banks 2,369.53 Cash Items None Overdrafts None Advance on Cotton and other Com- modities 86,880.88 Customers Liability on Letters of Credit and Acceptances None Profit and Loss__ ------------------- None Other Resources ___ _ None Total $599,125.62 LIABILITIES: Capital Stock --------------------------------- $ 50,000.00 Capital Notes None Surplus Fund 50,000.00 Undivided Profits 9,323.49 Reserve Funds None Due to Banks --------------------- Dividends Unp~.id ___ _ None 1,500.00 CashiPr's Checks 878.13 Certifled Checks None Demand Deposits 214,537.10 Time Certificates of Deposits __ None Savings Deposits 272,886.90 Lettcrs oi Credit and Acceptances executed for Customers None Bills Payable ---------------- None Notes and Bi11s Rediscounted __ None Other Liabilities -------------------- None Total ------$5 99,12 5.62 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF LENOX Lenox, Ga. As called for by the Superintendent of Banks. J. D. ROBINSON, R. H. ROBINSON, President. Cashier. Date of Charter: 6-20-1907 Began Business: 6-25-1907 RESOURCES: Loans and Discounts__ $ 57,853.73 State of Georgia and Municipal Bonds owned ----- - None U. S. Government Securities owned None Other Stocks and Bonds owned --- None Banking House and Lot_ ____ _ 800.00 Furniture and Fixtures ____ _ 800.00 Other Real Estate owned ____ 2,000.00 Cash in Vault and Amount due from approved Reserve Agents 121,020.98 Checks for Clearing and Due from other Banks 1,388.90 Cash Items None Overdrafts None Advance on Cotton and other Com- modities ----- ---------------- - ---- None Customers Liability on Letters of Credit and Acceptances ______ _ None Profit and Loss - None Other Resources --------- None Total -------------------- -----------------------------$18 3,8 6 3.61 LIABILITIES: Capital Stock _--------- ___________________ $ 25,000.00 Capital Notes ---------------------------- None Surplus Fund 7,500.00 Undivided Profits 628.54 Reserve Funds None Due to Banks _ None Dividends Unpaid 1,000.00 Cashier's Checks 238.92 Certified Checks ----- None Demand Deposits 57,726.69 Time Certificates of Deposits __ 91,769.46 Savings Deposits -- None Letters of Credit and Acceptances executed for Customers ____ None Bills Payable ------------------- ---------------- None Notes and Bills Rediscounted __________ None Other Liabilities ----- ------ ------------ None Total ------------------- ---------------------$18 3,8 6 3 .61 64 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the THE BANK OF LESLIE Leslie, Ga. As called for by the Superintendent of Banks. E. B. WALLACE, W. T. ANDERSON, President. V. P. and Cashier. Date of Charter: 2-4-1905 Began Business: 1905 RESOURCES: Loans and Discounts.----- _____ $ 26,346.48 State of Georgia and Municipal Bonds owned 17,000.00 U. S. Government Securities owned 850.00 Other Stocks and Bonds owned.... 8,000.00 Banking House and Lot------------------- 4,000.00 Furniture and Fixtures __ 2,125.00 Other Real Estate owned_ 5,000.00 Cash in Vault and Amount Due from approved Reserve Agents 49,965.05 Checks for Clearing and Due from other Banks -------------------------------- None Cash Items --------------------- 12.77 Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss None Other Resources ---------- --------- 335.00 Total --------$113,634.30 LIABILITIES: Capital Stock -------------------- -------------$ 25,000.00 Capital Notes ------------------ None Surplus Fund ------------------ 10,000.00 Undivided Profits 2,677.46 Reserve Funds None Due to Banks ----------------------- None Dividends Unpaid 1,008.00 Cashier's Checks 126.61 Certified Checks ------------------------ None Demand Deposits -------------------- 57,455.96 Time Certificates of Deposits 17,366.27 Savings Deposits None Letters of Credit and Acceptances executed for Customers________ None Bills Payable "------------------- None Notes and Bills Rediscounted __ None Other Liabilities ------------------ None Total $113,634.30 STATEMENT Showing condition at the close of Business December 31, 1937, of the FARMERS STATE BANK Lincolnton, Ga. As called for by the Superintendent of Banks. JAS. H. BOYKIN, H. B. PITT, President. Cashier. Date of Charter: 9-26-1911 Began Business: 12-2-1911 RESOURCES: Loans and Discounts _______________________ $ 70,331.37 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 60,617.66 Other Stocks and Bonds owned.. 6,905.50 Banking House and Lot__________ 3,250.00 Furniture and Fixtures __ ---------------Other Real Estate owned ________________ 400.00 716.00 Cash in Vault and Amount due from approved Reserve Agents 47,244.17 Checks for Clearing and Due from other Banks --------------------------------- None Cash Items ------------------------- 82.49 Overdrafts ---------------- 10,481.77 Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances ____________ None Profit and Loss-----------------_" ______________ None Other Resources ------------------------------ None LIABILITIES: Capital Stock -------- ------------- --- _______ $ 25,000.00 Capital Notes ------------------------------------ None Surplus Fund . -------------------------- 15,000.00 Undivided Profits ------------------- 8,937.00 Reserve Funds None Due to Banks ------------------------ 765.00 Dividends Unpaid ---- None Cashier's Checks ----- ------------------ None Certified Checks -------------------------------- None Demand Deposits 96,401.53 Time Certificates of Deposits -------- 51,353.81 Savings Deposits ------------------ None Letters of Credit and Acceptances executed for Customers_____________ None Bills Payable ------------- -------------------Notes and Bills Rediscounted __________ None None Other Liabilities ----------------------------- 2,571.62 Total ------------$2 0 0,0 2 8.9 6 EIGHTEENTH ANNUAL REPORT 65 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE PEOPLES BANK Lithonia, Ga. As called for by the Superintendent of Banks. I. M. STARR, I. M. STARR President. Cashier. Date of Charter: 8-26-1910 Began Business: 1910 RESOURCES: Loans and Discounts__ $ 33,012.21 State of Georgia and Municipal u. Bonds owned S. Governme nt Securities owned None 72,569.82 Other Stocks and Bonds owned.. None Banking House and Lot ____ _ 4,000.00 Furniture and Fixtures __________ 500.00 Other Real Estate owned_ 1,080.25 Cash in Vault and Amount due from approved Reserve Agents 63,616.97 Checks for Clearing and Due from other Banks -------- --------- None Cash Items .. ------------------- ---------------- None Overdrafts None Advance on Cotton and other Com- modities -----. _______ _ 3,425.86 Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources None Total ___ $178,205.11 LIABILITIES: Capital Stock ............. $ 25,000.00 Capital Notes None Surplus Fund 20,000.00 Undivided Profits __ ----------------- 4,411.95 Reserve Funds None Due to Banks _____ ------------------ None- Dividends Unpaid - -------------- 2,000.00 Cashier's Checks 182.36 Certified Checks None Demand Deposits 94,823.49 Time Certificates of Deposits 24,343.73 Savings Deposits 7,443.58 Letters of Credit and Acceptances executed for Customers _________ None Bills Payable ....... --------------- None Notes and Bills Rediscounted... None Other Liabilities ----------- None Total ...... - .....$178,205.11 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE FARMERS BANK Locust Grove, Ga. As called for by the Superintendent of Banks. J. 0. MINTER, H. C. CHILDS President. Cashier. Date of Charter: 1-3-1910 Began Business: 1-1910 RESOURCES: Loans and Discounts ________________________ $ 48,769.96 State of Georgia and Municipal Bonds owned ------------- None U. S. Government Securities owned 1,000.00 Other Stocks and Bonds owned ____ None Banking House and Lot ------------------- 1,350.00 Furniture and Fixtures ------------------- 650.00 Other Real Estate owned.. -- 1,100.00 Cash in Vault and Amount due from approved Reserve Agents 8,125.36 Checks for Clearing and Due from other Banks -------------- - 70.44 Cash Items ....... ------------------ Overdrafts ____ _ None 48.28 Advance on Cotton and other Com- modities ---------------- 1,115.59 Customers Liability on Letters of Credit and Acceptances ________ None Profit and Loss None Other Resources ____ None Total ------------------------------------------ _____ $ 6 2, 2 2 9. 6 3 LIABILITIES : Capital Stock ... -------------------- ........... $ 15,000.00 Capital Notes ...... ----------------- None Surplus Fund ------------------------------- 4,500.00 Undivided Profits 91.08 Reserve Funds ---------------------------------- None Due to Banks -----.---------------- None Dividends Unpaid --------------------------- 279.70 Cashier's Checks - None Certified Checks --- --------- None Demand Deposits --------------- -- ---- ---- 42,358.85 Time Certificates of Deposits _______ _ None Savings Deposits None Letters of Credit and Acceptances executed for Customers______________ None Bills Payable ------------ ----------------------- None Notes and Bills Rediscounted.......... None Other Liabilities ---------------------------- None Total .. -------- --------------------------------------$ 62,2 2 9. 6 8 66 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the FARMERS STATE BANK Lumpkin, Ga. As called for by the Superintendent of Banks. E. L. CARTER, A. T. FORT, President. Cashier. Date of Charter: 10-21-1911 Began Business: 12-1911 RESOURCES: Loans and Discounts --- _________________ $ 62,723.95 State of Georgia and Municipal Bonds owned 13,391.00 U. S. Government Securities owned 16,131.20 Other Stocks and Bonds owned.. 5,878.40 Banking House and Lot __ None FurnitUre and Fixtures ------------------- 1.00 Other RE;.al Estate owned __ 3,025.00 Cash in Vault and Amount due from approved Reserve Agents 66,713.63 Checks for Clearing and Due from other Banks Cash Items Overdrafts 7,758.19 None None Advance on Cotton and other Com- modities 83,971.58 Customers Liability on Letters of Credit and Acceptances .. _ None Profit and Loss Other Hesources ------------------------- None None Total $259,593.95 LIABILITIES: Capital Stock _________ --------- --- ______ $ 28,000.00 Capital Notes ------------------------------ ___ _ None Surplus Fund ------------------ _____________ _ 13,000.00 Undivided Profits ---------------------- 1,515.67 Rl~serve Funds None Due to Banks __ None Dividends Unpaid --- ----------------------- 60.00 Cashier's Checks ------------------------ 7 7.35 Certified Checks ------------------------------- None Demand Denosits 174,362.67 Time Certificates of Deposits-- 36,480.37 Saving:::; DepOsits 6,097.89 LettC'rs of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted __ _ None Other Liabilities ---------- None Total ------- s 2 59' 59 3. 9 5 STATEMENT Showing condition at the close of Business December 31, 1937, of the LUTHERSVILLE BANKING COMPANY Luthersville, Ga. As called for by the Superintendent of Banks. E. C. NORRIS, L. W. McKOON, President. Cashier. Date of Charter: 10-11-1905 Began Business: 8-3-1906 RESOURCES: LIABILITIES: Loans and Discounts__ ------$ 29,959.86 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 850.00 Other Stocks and Bonds owned __ 1,000.00 Banking House and Lot 1 700.00 Furniture and Fixtures 949.00 Other Real Estate owned"_ 5,735.00 Cash in Vault and Amount due from approved Reserve Agents 14,475.41 Checks for Clearing and Due from other Banks ------------------ ------- None Cash Items ---------- None Overdrafts 234.66 Advance on Cotton and other Com- modities 18,355.12 Customers Liability on Letters of Credit and Acceptances. _______________ None Profit and Loss ---------------- None Other Resources ----------~------------------- None Capital Stock ----------------- __ $ 25,000.00 Capital Notes None Surplus Fund 1,373.06 Undivided Profits _-------------------------- None Reserve Funds 1,241.92 Due to Banks ---------------------------- None Dividends Unpaid ---------------------------- None Cashier's Checks _____________ ---------- 194.58 Certified Checks ------------------------------ None Demand Deposits _________ ----------------- 35,860.58 Time Certificates of Deposits _____ _ 9,588.91 Savings Deposits ----------------- None Letters of Credit and Acceptances executed for Customers _____ None Bills Payable ----------------------------- None Notes and Bills Rediscounted None Other Liabilities ------ ------------------ None _T_o_t_a_l_-_----------------- __--_--_--_-_-_---__--__--_$_73_,_2_5_9_.o_5_ _ _T_ot_a_l_-_--_-_-_--_-_--__ _ _ _ _-_--_--_--_--------$ 73,2 59.0 5 EIGHTEENTH ANNUAL REPORT 67 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE PEOPLES BANK Lyons, Ga. As called for by the Superintendent of Banks. WM. A. ESTROFF, W. T. CHINA, President. Cashier. Date of Charter: 5-4-1935 Began Business: 6-1-1935 RESOURCES: Loans and Discounts__ _ _____ $ 60,088.71 State of Georgia and Municipal Bonds owned 1,262.56 U. S. Government Securities owned 10,378.12 Other Stocks and Bonds owned None Banking House and Lot 2,000.00 Furniture and Fixtures ___ _ 600.00 Other Real Estate owned None Cash in Vault and Amount due from approved Reserve Agents 104,628.00 Checks for Clearing and Due from other Banks ----------------------- 50.00 Cash Items None Overdrafts None Advan~~ on Cotton and other Com- modities - ---------- ------ 9,575.36 Customers Liability on Letters of Credit and Acceptances ______ None Profit and Loss __ ----------------- None Other Resources None Total _______ $188,5 82.7 5 LIABILITIES: Capital Stock -- ----------------- _____ --S 15,000.00 Capital Notes None Surplus Fund 4,000.00 Undivided Profits 207.26 Reserve Funds -------------------------- None Due to Banks _ 5,000.00 Dividends Unpaid -------------------- None Cashier's Checks ---------------------------- 55 9. 55 Certified Checks __ --------------------------- _ None Demand Deposits___ 139,195.38 Time Certificates of Deposits __________ 24,620.56 Savings Deposits None Letters of Credit and Acceptances executed for Customers None Bills Payable ------ ---------------- Notes and Bills Rediscounted _______ None None Other Liabilities ------ None Total --------------$18 8' 58 2.7 5 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE MERCHANTS & CITIZENS BANK McRae, Ga. As called for by the Superintendent of Banks. 0. F. McRAE, D. M. McRAE, President. Cashier. Date of Charter: 3-28-1929 Began Business: 2-23-1929 RESOURCES: Loans and Discounts $172,109.83 State of Georgia and Municipal Bonds owned ------------------ 9,384.00 U. S. Government Securities owned 36,950.00 Other Stocks and Bonds owned._ None Banking House and Lot 4,500.00 Furniture and Fixtures 500.00 Other Real Estate owned. 1.00 Cash in Vault and Amount due from approved Reserve Agents 121,361.88 Checks for Clearing and Due from other Banks 13,705.14 Cash Items 50.95 Overdrafts ------ 9.02 Advance on Cotton and other Com- modities --------------- 1,354.45 Customers Liability on Letters of Credit and Acceptances ______ None Profit and Loss _ None Other Resources None Total _________________ $ 3 59' 9 2 6.2 7 LIABILITIES: Capital Stock -$ 50,000.00 Capital Notes None Surplus Fund 15,000.00 Undivided Profits 383.62 Reserve Funds 1,169.35 Due to Banks__ ------------------- None Dividends Unpaid ----------------- 964.00 Cashier's Checks ------------------ 2,505.47 Certified Checks ----------------- None Demand Deposits --------------- 252,267.71 Time Certificates of Deposits-- 37,636.12 Savings Deposits ----- None Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total -------------------- -----$359,92 6.2 7 68 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the CITY BANK & TRUST CO. Macon, Ga. As called for by the Superintendent of Banks. T. RAD TURNER, GUYTON G. ABNEY, President. Cashier. Date of Charter: 6-29-1931 Began Business: 7-2-1931 RESOURCES: Loans and Discounts ______ -------------$848,658.92 State of Georgia and Municip.al Bonds owned ------ --------- 10,000.00 U. S. Government Securities owned 368,310.43 Other Stocks and Bonds owned ____ 14,500.00 Banking House and Lot ----------------- 37,950.00 Furniture and Fixtures __ ---------------- 4,085.41 Other Real Estate owned-- 67,276.81 Cash in Vault and Amount due from approved Reserve Agents 141,241.38 Checks for Clearing and Due from other Banks 27,760.27 Cash Items 1,886.15 Overdrafts None Advance on Cotton and other Com- modities - ---------- None Customers Liability on Letters of Credit and Acceptances.. None Profit and Loss None Other Resources ------------------------ 11,958.30 Total ---------------------------- .. $1,5 3 3,62 7.67 LIABILITIES: Capital Stock -------------$110,000.00 Capital Notes ----- ----- ----------- None Surplus Fund --- 50,000.00 Undivided Profits 24,641.59 Reserve Funds --------------------- None Due to Banks ---------------------- 19,027.46 Dividends Unpaid None Cashier's Checks 6,715.03 Certified Checks ----------- 11.25 Demand Deposits 883,439.57 Time Certificates of Deposits__ 6,000.00 Saving-s Deposits 428,202.62 Letters of Credit and Acceptances executed for Customers ____ None Bills Payable None Notes and Bills Rediscounted ...... . None Other Liabilities 5,590.15 Total _________ $1,5 33,62 7.67 STATEMENT Showing condition at the close of Busines91 December 31, 1937, of the BANK OF MADISON Madison, Ga. As called for by the Superintendent of Banks. W. P. BEARDEN, E. G. ATKINSON, President. Cashier. Date of Charter: 12-26-1888 Began Business: 1-1-1890 RESOURCES: Loans and Discounts__ ------------ ____ $177,845.58 State of Georgia and Municip,al Bonds owned ----------------- 1,000.00 U. S. Government Securities owned None Other Stocks and Bonds owned __ 28,170.00 Banking House and Lot.. - 5,000.00 Furniture and Fixtures __ ----------------- 2,141.95 Other Real Estate owned 22,273.21 Cash in Vault and Amount due from approved Reserve Agents 48,663.58 Checks for Clearing and Due from other Banks ------------------ 2,113.06 Cash Items ---------------------- ---------------- None Overdrafts ---------------- 980.45 Advance on Cotton and other Com- modities --------------- 6,328.54 Customers Liability on Letters of Credit and Acceptances None Profit and Loss --------------------- None Other Resources - ---------------- 1.00 Total ------ ____ $294,517.37 LIABILITIES: Capital Stock ---------------------- ____________$ 50,000.00 Capital Notes None Surplus Fund ---------------- 40,000.00 Undivided Profits .... 1,580.32 Reserve Funds -------- None Due to Banks None Dividends Unpaid ------------------- 414.50 Cashier's Checks 185.84 Certilied Checks None Demand Deposits 120,845.30 Time Certificates of Deposits ________ 10,560.42 Savings Deposits ---------------- 70,930.99 Letters of Credit and Acceptances executed for Customers ___ None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities None ---------- ____ $294,517.37 EIGHTEENTH ANNUAL REPORT 69 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF MANCHESTER Manchester, Ga. As called for by the Superintendent of Banks. JAS. S. PETERS, L. M. BRADFORD, President. Cashier. Date of Charter: 1-28-1910 Began Business: 2-2-1910 RESOURCES: Loans and Discounts__ _ _____________ $417,268.95 State of Georgia and Municipal Bonds owned 131,37 4.68 U. S. Government Securities owned 7,400.00 Other Stocks and Bonds owned.. 15,000.00 Banking House and LoLFurniture and Fixtures 7,408.66 None Other Real Estate owned_ 14,412.70 Cash in Vault and Amount due from approved Reserve Agents__ 97,238.59 Checks for Clearing and Due from other Banks _______ _ None Cash Items Overdrafts ----------------- 409.87 2,330.48 Advance on Cotton and other Com- modities ---------------------- None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss Other Resources None 4,401.26 Total ---- ------$69 7,245.19 LIABILITIES: Capital Stock _______ -------------$ 50,000.00 Capital Notes ----------------------------- None Surplus Fund ---------------- 100,000.00 Undivided Profits --- ------------------- 30,648.12 Reserve Funds None Due to Banks ___ ---------------- None Dividends Unpaid ----------------- 10,007.00 Cashier's Checks 7,643.44 Certified Checks ____ ----------------- None Demand Deposits _ ---------------~-------- 254,010.49 Time Certificates of Deposits------ 67,156.76 Savings Deposits 164,769.18 Letters of Credit and Acceptances executed for Customers__ None Bills Payable ------------------ None Notes and Bills Rediscounted None Other Liabilities 13,010.20 Total .$697,245.19 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE CITIZENS BANK Marshallville, Ga. As called for by the Superintendent of Banks. C. C. HASLAM, C. C. HASLAM, President. Cashier. Date of Charter: 12-24-1906 Began Business: 1-1-1907 RESOURCES: Loans and Discounts------------------ ----$116,263.53 State of Georgia and Municipal Bonds owned __ --- None U. S. Government Securities owned 5,225.00 Other Stocks and Bonds owned.. None Banking House and Lot ___ _ 4,000.00 Furnitu-re and Fixtures _______ _ 471.57 Other Real Estate owned _______ 5,246.00 Cash in Vault and Amount due from approved Reserve Agents 39,048.63 Checks for Clearing and Due from other Banks - -------------- 284.89 Cash Items ----------------------- None Overdrafts 148.11 Advance on Cotton and other Com- modities ---------------- None Customers Liability on Letters of Credit and Acceptances _____________ _ None Profit and Loss ________ None Other Resources ___ None Total -------$170,687.73 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 -------------------- 18,000.00 30,000.00 15,325.22 None None None 42.00 195.00 None 71,864.88 5,000.00 30,260.63 None None None None Total ___ $170,687.73 70 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the GEORGIA BANKING COMPANY Marshallville, Ga. As called for by the Superintendent of Banks. JOHN C. WALKER, JR., JOHN C. WALKER, JR., President. Cashier. Date of Charter: 9-19-1910 Began Business: 9-27-1910 RESOURCES: Loans and Discounts ------------------ __ -$ 39,056.50 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned ___ _ None Banking House and Lot _ 2,400.00 Furnitu-re and Fixtures ----------------- 1,800.00 Other Real Estate owned 13,962.82 Cash in Vault and Amount due from approved Reserve Agents 30.195.20 Checks for Clearing and Due from other Banks 133.30 Cash Items None Overdrafts None Advance on Cotton and other Com- modities ----------- ----- None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss__ ------------------ None Other Resources None Total _____ $ 87,547.82 LIABILITIES: Capital Stock Capital Notes Surplus Fund --------------$ 30,000.00 None 6,000.00 Undivided Profits 1,671.30 Reserve Funds None Due to Banks__ --------------- None Dividends Unpaid None Cashier's Checks 199.55 Certified Checks __ -------------------- None Demand Deposits 18,883.02 Time Certificates of Deposits __ None Savings Deposits 30,793.95 Letters of Credit and Acceptances executed for Customers_ Bills Payable ________________ .... None );one Notes and Bills Rediscounted None Other Liabilities Noi1C Total ------- ____________ $ 87,547.82 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF MEANSVILLE Meansville, Ga. As called for by the Superintendent of Banks. H. G. LANGFORD, G. M. LIFSEY, President. Cashier. Date of Charter: 3-1-1911 Began Business: 4-1-1911 RESOURCES: Loans and Discounts__ ---- $ 87,672.51 State of Georgia and M unicip_al Bonds owned __ _ 2,796.18 U. S. Government Securities owned 1,994.00 Other Stocks and Bonds owned __ None Banking House and Lot.... 1,600.00 Furniture and Fixtures __ 1,600.00 Other Real Estate owned __ 5,510.00 Cash in Vault and Amount due from approved Reserve Agents _ 24,202.43 Checks for Clearing and Due from other Banks Cash Items None None Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss.. None Other Resources None Total ---------$125,3 75.12 LIABILITIES: Capital Stock _______________ $ 25,000.00 Capital Notes ---------------------- 14,000.00 Surplus Fund --- .. -------- __ 3,00 0.00 Undivided Profits ___ _ 1,131.73 Reserve Funds None Due to Banks ---------------- None Dividends Unpaid None Cashier's Checks 422.93 Certified Checks None Demand Deposits 41,083.28 Time Certificates of Deposits __ 17,B11.83 Savings Deposits 22,925.35 Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities --------------------- None Total _____ $12 5,3 7 5.12 EIGHTEENTH ANNUAL REPORT 71 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF MEIGS Meigs, Ga. As called for by the Superintendent of Banks. J. A. BOWERS, TOM SMITH, President. Cashier. Date of Charter: 5-8-1903 Began Business: 6-1903 RESOURCES: Loans and Discounts ----------------8 State of Georgia and Munici12_al Bonds owned u. s. Government Securities owned Other Stocks and Bonds O\vned _ 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 Com- modities Customers Liability on Letters of Credit and Acceptances Profit and Loss Other Resources 86,929.62 None 24,039.40 None 4.400.00 1,500.00 7,500.00 86,115.35 20.00 None 818.11 4,852.49 None None 473.73 Total --- ------------ _________ $216,648.70 LIABILITIES: Capital Stock ---------------------- -----------S 50,000.00 Capital Notes None Surplus Fund 15,000.00 Undivided Profits ------------------------- _ 2,316.60 Rese-rve Funds 11,289.21 Dnc:> to Ranks None Dividends Unpaid None Cashier's Checks 462.51 Certified Cheeks __ _ None Demand Deposits 86,763.36 Time Certificates of Deposits __ 200.00 Savings Deposits 50,617.02 Letters of Credit and Acceptances executed for Customers _ None Dills Payable ________________ _ None Notes and BiJls Rediscounted_- None Other Liabilities None Total -------------- _____ $216,648.70 STATEMENT Showing condition at the close of Business December 31, 1937, of the METTER BANKING COMPANY Metter, Ga. As called for by the Superintendent of Banks. H. A. KENNARD, NITA BELLE LEE, President. Cashier. Date of Charter: 7-25-1930 Began Business: 7-26-1930 RESOURCES: Loans and Discounts__ ________ $ 61,510.82 State of Georgia and M unicipa] Bonds owned 35,000.00 U. S- Government Securities owned 11,500.00 Other Stocks and Bonds owned --- None Banking House and Lot-_ 6,000.00 Furnitu-re and Fixtures 1,000.00 Other Real Estate owned _____ _ None Cash in Vault and Amount due from approved Reserve Agents 109,627.15 Checks for Clearing and Due from other Banks None Cash Items ------------------- None Overdrafts None Advance on Cotton and other Com- modities 9,903.02 Customers Liability on Letters of Credit and Acceptances None Profit and Loss-- None Other Resources 619.00 Total ------- __ $235,159.99 LIABILITIES: Capital Stock ------- -------------- __________ $ 25,000.00 Capital Notes ---------------- ----------- - None Surplus Fund - 6,000.00 Undivided Profits ---------------------- 999.26 Reserve Funds 500.00 Due to Banks None Dividends Unpaid None Cashier's Checks 733.23 Certified Checks ------------------- None Demand Deposits 201,927.50 Time Certificates of Deposits None Savings Deposits - ---------------- None Letters of Credit and Acceptances executed for Customers __ _ None Dills Payable ------------ _ ------------------- None Notes and Bills Rediscounted None Other Liabilities None Total _______________________________________________ $ 2 3 5,15 9. 9 9 72 DEPARTME NT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF MILAN Milan, Ga. As called for by the Superintendent of Banks. R. C. CHAMBERS, D. R. NEWTON, President. Cashier. Date of Charter: 12-5-1906 Began Business: 12-1906 RESOURCES: Loans and Discounts____________ ________ $ 23,322.18 State of Georgia and Municipal Bonds owned ____ _ None U. S. Government Securities owned 16,521.25 Other Stocks and Bonds owned __ None Banking House and LoL. 5,000.00 Furniture and Fixtures __ 835.00 Other Real Estate owned None Cash in Vault and Amount due from approved Reserve Agents 51,400.4 7 Checks for Clearing and Due from other Banks None Cash Items 10.50 Overdrafts ___ None Advance on Cotton and other Com- modities 23,200./8 Customers Liability on Letters of Credit and Acceptances .. None Profit and Loss __ _ None Other Resources - 37.71 Total _$120,327.89 LIABILITIES: Capital Stock ___________ $ 15,000.00 Capital Notes 7,500.00 Surplus Fund 3,000.00 Undivided Profits 494.54 Reserve Funds 1,800.00 Due to Banks None Dividends Unpaid 6.00 Cashier's Checks 123.72 Certified Checks None Demand Deposits 60,284.22 Time Certificates of Deposits __ 32,119.41 Savings Deposits None Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted __ _ None Other Liabilities -------------------- None Total _____ s 120,32 7 .s9 STATEMENT Showing condition at the close of Business December 31, 1937, of the EXCHANGE BANK Milledgeville, Ga. As called for by the Superintendent of Banks. OTTO M. CONN, H. G. BANKS, President. Cashier. Date of Charter: 5-20-1903 Began Business: 6-1903 RESOURCES: Loans and Discounts______________ --$393,039.42 State of Georgia and Municipal Bonds owned ------ U. S. Government Securities owned Other Stocks and Bonds owned ____ Banking House and Lot____________ 59,637.25 87,995.18 10,183.51 None Furniture and Fixtures __ 2,217.42 Other Real Estate owned-. 41,624.25 Cash in Vault and Amount due from approved Reserve Agents 121,816.76 Checks for Clearing and Due from other Banks Cash Items Overdrafts ___ _ 17,143.85 None 713,96 Advance on Cotton and other ComM modities ____ --------------- 14,583.91 Customers Liability on Letters of Credit and Acceptances Profit and Loss----Other Resources ------- -------------------- None None 4,843.25 Total _______________________________________ $ 7 53' 79 8. 7 6 LIABILITIES: Capital Stock -----$100,0 00.00 Capital Notes None Surplus Fund ---------------- 60,000.00 Undivided Profits 10,797.78 Reserve Funds None Due to Banks None Dividends Unpaid 344.00 Cashier's Checks 3,250.91 Certified Checks - None Demand Deposits 579,406.07 Time Certificates of Deposits ________ None Savings Deposits - __________ --------------- None Letters of Credit and Acceptances executed for Customers_ Bills Payable ___ ___ _________ ___ _ None None Notes and Bills Rediscounted ___ _ None Other Liabilities ___ -------------------- None Total ___ $753, 798.76 EIGHTEENTH ANNUAL REPORT 73 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE MERCHANTS & FARMERS BANK Milledgeville, Ga. As called for by the Superintendent of Banks. MARION H. ALLEN, L. C. HALL, President. Date of Charter: 3-22-1898 Cashier. Began Business: 3-1898 RESOURCES: Loans and Discounts-- _______ $348,843_45 State of Georgia and Municipal Bonds owned ,----------- _________________ None U. s. Government Securities owned 30,493.26 Other Stocks and Bonds owned __ None Banking House and Lot __ 9,467.61 Furniture and Fixtures 4,000.00 Other Real Estate owned 31,424.54 Cash in Vault and Amount due from approved Reserve Agents 73,526.26 Checks for Clearing and Due from other Banks -------------------- 1,943.30 Cash Items --- _______________ 344.42 Overdrafts .75 Ad vance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss __ None Other Resources None Total -- -.. $5 00,0 43.59 LIABILITIES: Capital Stock -------------------------- ---$ 80,000.00 Capital Notes None Surplus Fund __ -------------------------- 80,000.00 Undivided Profits 4,143.26 Reserve Funds 2,943.44 Due to Banks ----- None Dividends Unpaid 3,200.00 Cashier's Checks 1,125.42 Certified Checks ---- None Demand Deposits 328,631.47 Tin1e Certificates of Deposits __ None Savings Deposits None Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total ---------------- ...$500,043.59 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE MILLEDGEVILLE BANKING COMPANY Milledgeville, Ga. As called for by the Superintendent of Banks. MILLER S. BELL, MILLER R. BELL, President. Date of Charter: 2-28-187 4 Cashier. Began Business: 10-13-1884 RESOURCES: Loans and Discounts_ __________ $511,087.55 State of Georgia and Municipal Bonds owned ---------------- 65,415.65 U. S. Government Securities owned 247,384.38 Other Stocks and Bonds owned.. 26,850.00 Banking House and Lot_ 1,935.67 Furniture and Fixtures 1.00 Other Real Estate owned . 37,587.22 Cash in Vault and Amount due from approved Reserve Agents 400,881.90 Checks for Clearing and Due from other Banks 2,881.17 Cash Items None Overdrafts - -------- 153.75 Advance on Cotton and other Com- modities --------------------------------------- 12 5, 781.32 Customers Liability on Letters of Credit and Acceptances __________ None Profit and Loss. None Other Resources None Total -----------$1,419,9 59.61 LIABILITIES: Capital Stock --------------$ 50,000.00 Capital Notes None Surplus Fund 100,000.00 Undivided Profits 65,135.00 Reserve Funds --------------- 18,500.00 Due to Banks None Dividends Unpaid 261.60 Cashier's Checks 5,834.42 Certified Checks Demand Deposits _____ None __________ 1,180,228.59 Time Certificates of Deposits None Savings Deposits ___ None Letters of Credit and Acceptances executed for Customers __ Bills Payable ____ _ None None Notes and Bills Rediscounted---Other Liabilities ----- ----------------- None None Total ------ ______ $1,419,9 59.61 74 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF MILLEN Millen, Ga. As called for by the Superintendent of Banks. S. C. PARKER, W. H. SHEPPARD, JR., President. Cashier. Date of Charter: 1-4-1893 Began Business: 3-1-1893 RESOURCES: Loans and Discounts S269,316.89 State of Georgia and Municipal Bonds owned 5,650.00 U. S. Government Securities owned 259,293.75 Other Stocks and Bonds owned_ 3.000.00 Banking House and Lot _ 14,500.00 Furniture and Fixtures 4,500.00 Other Real Estate owned . 225.00 Cash in Vault and Amount due from approved Reserve Agents 99,112.36 Checks for Clearing and Due from other Banks ---=-----------Cash Items 235.64 None Overdrafts None Advance on Cotton and other Com~ modities None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss None Other Resources None Total $655,833.64 LIABILITIES: Capital Stock --------- ----- ----- --- ___ s 50,000.00 Capital Notes None Surplus Fund 50,000.00 UndiYided Profits 15,434.15 Reserve Funds Due to Banks __ None None Dividends Unpaid None Cashier's Checks 3,506.30 Certified Checks _ None Demand Deposits 364,144.57 Time Certificates of Deposits 15,275.00 Savings Deposits 157,4 73.62 Letters of Credit and Acceptances executed for Customers None Hills Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total ----$65 5,8 33.6 4 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF MOLENA Molena, Ga. As called for by the Superintendent of Banks. W. 0. JORDAN, R. H. FLETCHER, President. Cashier. Date of Charter: 10-7-1901 Began Business: 3-1899 RESOURCES: Loans and Discounts- ---------- $ 43,827.81 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 3,425.00 Other Stocks and Bonds owned None Banking House and Lot__ 1,500.00 Furnitu-re and Fixtures 1,800.00 Other Real Estate owned 5,5%.00 Cash in Vault and Amount due from approved Reserve Agents 13,696.48 Checks for Clearing and Due from other Banks 5.30 Cash Items 63.21 Overdrafts __ _ None Advance on Cotton and other Com- modities 14,451.32 Customers Liability on Letters of Credit and Acceptances _______________ None Profit and Loss-- None Other Resources None Total _____.$ 84,365.12 LIABILITIES: Capital Stock ---------$ 15,000.00 Capital Notes None Surplus Fund None Undivided Profits ------------------- 1,601.11 Reserve F'unds ---------------- None Due to Banks----------------------------------- None Dividends Unpaid ---------------- None Cashier's Checks 11.00 Certified Checks None Demand Deposits 30,448.77 Time Certificates of Deposits 34,5 61.82 Savings Deposits 2, 7 42.42 Letters of Credit and Acceptances executed for Customers _ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities --- None Tot;al --------$ 84,365.12 EIGHTEENTH ANNUAL REPORT 75 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE FARMERS BANK Monroe, Ga. As called for by the Superintendent of Banks. J. M. NOWELL, C. R. BRADFORD, President. Cashier. Date of Charter: 12-2-1905 Began Business: 1-1-1906 RESOURCES: Loans and Discounts - $292,500.83 State of Georgia and Municipal Bonds owned ---------------- _____________ 59,518.25 u. S. Government Securities owned 133,601.75 Other Stocks and Bonds owned ___ _ 32,357.10 Banking House and Lot None Furniture and Fixtures __ None Other Real Estate owned 11,822.97 Cash in Vault and Amount due from approved Reserve Agents 146,97 4.49 Checks for Clearing and Due from other Banks 11,059.65 Cash Items None Overdrafts None Advance on Cotton and other Com- modities -- ---------------- None Customers Liability on Letters of Credit and Acceptances __________ None Profit and Loss-- None Other Resources ---------------- None Total - ---------------------- ---$ 6 8 7,8 3 5. 0 4 LIABILITIES: Capital Stock --------------------- _______ $100,000.00 Capital Notes ---------------------------- None Surplus Fund --------------- 30,000.00 Undivided Profits ----------------- 14,685.25 Reserve Funds ------------------- 866.61 Due to Banks--------------------------------Dividends Unpaid None 20.00 Cashier's Checks ------------------- 1,865.35 Certified Checks ------------------------------ None Demand Deposits ---------------------------- 384,839.37 Time Certificates of Deposits_ 37,800.89 Savings Deposits 117,757.57 Letterg of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total ------------------- ---$68 7,8 35.04 STATEMENT Showing condition at the close of Business December 31, 1937, of the MOULTRIE BANKING COMPANY Moultrie, Ga. As called for by the Superintendent of Banks. W. C. VEREEN, M. L. LEE, President. Cashier. Date of Charter: 7-8-1896 Began Business: 1896 RESOURCES: Loans and Discounts---------------- ___ $996,244.99 State of Georgia and Municip,al Bonds owned _ 58,283.90 U. S. Government Securities owned 866,437.50 Other Stocks and Bonds owned-- 111,095.94 Banking House and Lot 60,382.19 Furniture and Fixtures _____ 3,344.56 Other Real Estate owned __ 9,158.08 Cash in Vault and Amount due from approved Reserve Agents 664,596.89 Checks for Clearing and Due from other Banks 34,868.89 Cash Items --------------------------------- None Overdrafts ---------------------------------------Adv:an~~ on Cotton and other Com- 387.25 modities ---------------------------------------- 40,821.43 Customers Liability on Letters of Credit and Acceptances ________________ None Profit and Loss-------------------------------- None Other Resources ------------------- None Total ------ - ---------------------$2,8 45, 621.62 LIABILITIES: Capital Stock -------------------------- ---------$2 0 0. 00 0.o 0 Capital Notes None Surplus Fund -------------------------- 200,000.00 Undivided Profits ---- 121,753.08 Reserve Funds -------------------------------- 15,000.00 Due to Banks __ None Dividends Unpaid ---------- --------------- 20,000.00 Cashier's Checks ---- 7,573.56 Certified Checks 268.58 Demand Deposits ---------- ----- ___ 1,321, 7 06.82 Time Certificates of Deposits 598,313.60 Savings Deposits 360,883.16 Letters of Credit and Acceptances executed for Customers______________ None Bills P.ayable None Notes and Bills Rediscounted Other Liabilities ______________________ None 122.82 Total ---------------------------------- - ___ $2,845,621.62 76 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the THE MOUNT VERNON BANK Mount Vernon, Ga. As called for by the Superintendent of Banks. D. A. McRAE, J.P. PETERSON, President. Cashier. Date of Charter: 12-21-1900 Began Business: 1-24-1901 RESOURCES: Loans and Discounts. --- ---$ 89,904.63 State of Georgia and Municip.al Bonds owned 26,458.07 U. S. Government Securities owned 39,290.00 Other Stocks and Bonds owned ____ 4,927.50 Banking House and Lat.--- 2,313.88 Furniture and Fixtures 1,400.00 Other Real Estate owned. __ 7,330.93 Cash in Vault and Amount due from approved Reserve Agents 105,342.99 Checks for Clearing and Due from other Banks __ None Cash Items ---- None Overdrafts 4.87 Advance on Cotton and other Com- modities -------- ----------------- None Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources ----------------- None Total -------------- ----------------------------- __ $ 2 7 6. 9 7 2. 8 7 LIABILITIES: Capital Stock --------$ 15,000.00 Capital Notes - ---------------------- None Surplus Fund 45,000.00 Undivided Profits --------- ----------------- 4,205.!8 Reserve Funds 1,776.66 Due to Banks--------- 1,126.77 Dividends Unpaid ----- 1,500.00 Cashier's Checks 154.67 Certified Checks None Demand Deposits 138,164.98 Time Certificates of Deposits __________ 50,7 05.46 Savings Deposits _____ ____ _ 19,339.15 Letters of Credit and Acceptances executed for Customers None Bills Payable ------- __ None Notes and Bills Rediscounted ____ None Other Liabilities None Total __________ $27 6, 9 72.8 7 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE UNITED BANKING COMPANY 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_________ -------$164,962.48 State of Georgia and Municip~l Bonds owned - ------ ---------------- None U. S. Government Securities owned 15,125.00 Other Stocks and Bonds owned-------- 10,000.00 Banking House and Lot___________ 3,515.00 Furniture and Fixtures-- ----------------- 3,240.00 Other Real Estate owned 900.00 Cash in Vault and Amount due from approved Reserve Agents 323,990.81 Checks for Clearing and Due from other Banks -------------------------------- None Cash Items ---------------------------------------- None Overdrafts _ ---------------------------- None Advance on Cotton and other Com- modities ----------------- None Customers Liability on Letters of Credit and Acceptances ________________ None Profit and Loss----Other Resources ------------------------- None None Total __________________ -------------------------------$5 21,7 3 3.2 9 LIABILITIES: Capital Stock ---------$ 35,000.00 Capital Notes ---------------------------- None Surplus Fund 21,000.00 Undivided Profits 428.92 Reserve Funds ---------------------- 2,958.84 Due to Banks----- ------------------ None Dividends Unpaid ---------------------------- 2,800.00 Cashier's Checks ---------------------------- 9,667.61 Certified Checks ---------------- None Demand Deposits 323,671.69 Time Certificates of Deposits 126,206.23 Savings Deposits ---------------------------- None Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted ________ None Other Liabilities ------------------------------ None Total ------------------------------------------------$ 5 21, 7 3 3. 2 9 EIGHTEENTH ANNUAL REPORT 77 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF NEWINGTON Newington, Ga. As called for by the Superintendent of Banks. W. W. EVANS, ADIEL E. HODGES, President. Cashier. Date of Charter: 7-7-1919 Began Business: 8-14-1919 RESOURCES: Loans and Discounts ----------$ 23,873.92 State of Georgia and Municipal u. Bso.nGdsovoerwnnmedent Securities owned Other Stocks and Bonds owned ____ None None None Banking House and Lot________ 2,200.00 FUrniture and Fixtures_ 1,250.00 Other Real Estate owned 2,225.00 Cash in Vault and Amount due from approved Reserve Agents 3,175.04 Checks for Clearing and Due from other Banks --------Cash Items ------------------------- Overdrafts Adv.ance on Cotton and other Com- None None None modities ---- --------------------------- None Customers Liability on Letters of Credit and Acceptances ______________ None Profit and Loss ___ None Other Resources --------------------------------- - None -- Total ---------- -----------------------$ 32,723.96 LIABILITIES: Capital Stock ------------------------------------$ 15,000.00 Capital Notes _ ---------------- None Surplus Fund ----- ---- ----- None Undivided Profits ------------- 34.96 RDeuseertvoe BFaunnkdss___________________-_-_-_-_-_-_-_-_-_--------- None None Dividends Unpaid -- -------- ------------ None Cashier's Checks ------------------- 61.71 Certified Checks --- -------------- _____ None Demand Deposits ------------------ 16,376.12 Time Certificates of Deposits ________ 1,238.57 Savings Deposits 12.60 Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted None Other Liabilities -------------------- None Total -----------------------------------------------$ 32,723.96 STA"'tEMENT Showing condition at the close of Business December 31, 1937, of the BAKER COUNTY BANK Newton, Ga. As called for by the Superintendent of Banks. J. C. ODOM, J. H. HALL, President. Cashier. Date of Charter: 10-4-1906 Began Business: 10-15-1906 RESOURCES: Loans and Discounts________ - --------$ 55,454.12 State of Georgia and Municipal Bonds owned ---------- None U. S. Government Securities owned 8,400.00 Other Stocks and Bonds owned____ None Banking House and Lot. ___ 2,727.53 Furniture and Fixtures. ___ _ 1,489.41 Other Real Estate owned ___ ----------- None Cash in Vault and Amount due from approved Reserve Agents 41,917.25 Checks for Clearing and Due from CaosthheIrteBmasnk_s___--------------_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_ 5,000.00 None Overdrafts ---------------------------------------- None Advance on Cotton and other Com- modities ---------------------------- --- ________ None Customers Liability on Letters of Credit and Acceptances ______________ Profit and Loss ________________________________ None None Other Resources ------------------------------- None Total -----------------------------------------------$114,9 8 8. 31 LIABILITIES: Capital Stock ---------------------------------$ 25,000.00 Capital Notes ---------------------- None Surplus Fund 25,000.00 Undivided Profits ------------------- 6,587.92 Reserve Funds ____ None Due to Banks ___ .--------------- None Dividends Unpaid 2,000.00 Cashier's Checks 50.72 Certified Checks ---------------------------- None Demand Deposits 48,625.63 Time Certificates of Deposits ________ 7,724.04 Savings Deposits None Letters of Credit and Acceptances executed for Customers _______________ None Bills Payable - ------ --------------------------Notes and Bills Rediscounted________ None None Other Liabilities ------------------------------ None Total --------------------------------------------------$114,9 8 8.31 78 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the THE BANK OF NORCROSS Norcross, Ga. As called for by the Superintendent of Banks. T. E. JOHNSON, C. A. McDANIEL President. Cashier. ' Date of Charter: 12-12-1903 Began Business: 2-1-1904 RESOURCES: Loans and Discounts -------$ 63,939.35 State of Georgia and Municipal Bonds owned --------------------------- - None U. S. Government Securities owned 20,921.00 Other Stocks and Bonds owned---- None Banking House and Lot. ________ 5,000.00 Furniture and Fixtures ------------------ 1,500.00 Other Real Estate owned.. None Cash in Vault and Amount due from approved Reserve Agents 100,805.59 Checks for Clearing and Due from other Banks 184.65 Cash Items ------------ --------------------------- 31.00 Overdrafts None Advance on Cotton and other Com- modities 18,077.92 Customers Liability on Letters of Credit and Acceptances ____ _ None Profit and Loss-- None Other Resources None Total ---$210,459.51 LIABILITIES: Capital Stock ------------$ 30,000.00 Capital Notes ------------------- None Surplus Fund -------- ----------- 6,000.00 Undivided Profits 6,258.2B R<.'scrve Funds None Due to Banks None Dividends Unpaid 2,100.00 Cashier's Checks None Certified Checks Demand Deposits None 149,014.34 Time Certificates of Deposits __ None Savings Deposits 17,081.48 Letters of Credit and Acceptances executed for Customers-- None Bills Payable None Notes and llills Rediscounted __ None Other Liabilities -------------------- 5.40 Total ----------- ---------------------------------$210,459.51 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF OCHLOCHNEE Ochlochnee, Ga. As called for by the Superintendent of Banks. W. H. WURST, A. E. SPEER, President. Cashier. Date of Charter: 10-19-1906 Began Business: 11-1-1906 RESOURCES: Loans and Discounts________ -$ 56,586.72 ~taLc of Georgia and Municipal Bonds owned None U. S. Government Securities owned 1,350.00 Other Stocks and Bonds owned ____ 600.00 Banking House and Lot________________ 1,750.00 Furniture and Fixtures __________________ 1,500.00 Other Real Estate owned 1.00 Cash in Vault and Amount due from approved Reserve Agents 27,254.87 Checks for Clearing and Due from other Banks ----------------- None Cash Items ---------------- None Overdrafts ---------------------- None Advance on Cotton and other Com- niodities -------------------------- 4,819.55 Customers Liability on Letters of Credit and Acceptances _______ None Profit and Loss ..----------------------------- None Other Resources ---------------------- None Total ----$ 93,862.14 LIABILITIES: Capital Stock ------------------- .$ 15,000.00 Capital Notes 5,000.00 Surplus Fund 500.00 Undivided Profits 904.95 Reserve Funds None Due to Banks --------------------------- 400.64 Dividends Unpaid None Cashier's Checks ------------------------ 6.04 Certified Checks None Demand Deposits 40,019.74 Time Certificates of Deposits ________ 19,860.73 Savings Deposits ----------------------- _ 11,570.04 Letters of Credit and Acceptances executed for Customers----------- None Bills Payable ----------------------- None Notes and Bills Rediscounted________ None Other Liabilities ------------------------------ 600.00 Total ----$ 93,862.14 EIGHTEENTH ANNUAL REPORT 79 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF OGLETHORPE Oglethorpe, Ga. As called for by the Superintendent of Banks. T. H. MORGAN, W. E. WILBURN, President. Cashier. Date of Charter: 2-1-1901 Began Business: 2-8-1801 RESOURCES: Loans and Discounts--- --------$ 41,425.4 7 State of Georgia and Municipal Bonds owned ---------------------- 11,046.76 u. S. Government Securities owned 15,000.00 Other Stocks and Bonds owned --- None Banking House and Lot-- 1,500.00 Furniture and Fixtures - ----- None Other Real Estate owned __ 13,800.00 Cash in Vault and Amount due from approved Reserve Agents 68,762.81 Checks for Clearing and Due from other Banks None Cash Items Overdrafts None 40.02 Advance on Cotton and other Com- modities 21,077.03 Customers Liability on Letters of Credit and Acceptances _ None Profit and Loss - None Other Resources None Total _______________________ $17 2, G51.7 9 LIABILITIES: Capital Stock -------------------------------- ___ $ 15,00 0. 0 0 Capital Notes None Surplus Fund 10,000.00 Undivided Profits ----------------- 2,4 73.70 Reserve Funds Due to Banks ___ _ 1,979.46 None Dividends Unpaid 80.00 CashiPr's Checks 243.75 Certified Checks None Demand Deposits 119,668.70 Time Certificates of Deposits 23,206.18 Savings Deposits None Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities ---- None Total !)172,631.7D STATEMENT Showing condition at the close of Business December 31, 1937, of the FARMERS BANK Palmetto, Ga. As called for by the Superintendent of Banks. J. H. BALLARD, B. HUDSON, President. Cashier. Date of Charter: 6-29-1918 Began Business: 7-10-1918 RESOURCES: Loans and Discounts ________________ $ 59,396.06 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 35,850.00 Other Stocks and Bonds owned - 6,221.70 Banking House and Lot-- 6,000.00 Furniture and Fixtures 2,000.00 Other Real Estate owned __ 8,265.40 Cash in Vault and Amount due from approved Reserve Agents 15,636.94 Checks for Clearing and Due from other Banks 52.90 Cash Items None Overdrafts None Advance on Cotton and other Com- modities 1,414.31 Customers Liability on Letters of Credit and Acceptances None Profit and Loss ___ None Other Resources _______________ - None Total _____ $13 4,8 3 7.31 LIABILITIES: Capital Stock ----- --------S 25,000.00 Capital Notes None Surplus Fund None Undivided Profits 704.92 Reserve Funds 5,250.00 Due to Banks __ None Dividends Unpaid None Ca~hier's Checks 49.38 Certifivned 49,873.69 Cash in Vault and Amount due from approved ReRerve Agents 126,861.74 Ched~s for Clearing and Due from other Banks 2,815..!6 Cash Items None o\erdrafts None AdYance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances __ _ None Profit and Loss _ None Other Resources 7,068.91 LIABILITIES: s Capital Stock ~--~--~~-~ ---~~------~---~----~- 50,0 0 0.0 0 Capital Notes ----------------- None Surplus Fund 100,000.00 Undivided Profits 40,811.79 Reserve Funds None Du<::' to Bank8 Non:e Dividends Unpaid None Cashier's Checl~s None Certified Checks 1,057.09 Demand Deposits None 'Iime Certificates of Deposits __ 447,239.34 Savings Deposits 577,735.60 Letters of Credit and Acceptances executed for Customers_ None Bills Payable None Nntes and Bills Rediscounted __ None Other Liabilities __ _ 90.49 Total .... 31,216,934.31 Total STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS BANK & TRUST COMPANY Savannah, Ga. As called for by the Superintendent of Banks. GEO. H. SMITH, PAUL T. JONES, President. Vice-Pres. & Cash. Date of Charter: 5-22-1906 Began Business: 6-1-1906 RESOURCES: Loans and Discounts ______________ $1,124,551.79 State of Georgia and Municipal Bonds owned 2,000.00 U. S. Government Securities OVlTied ------ 300,425.85 Other Stocks and Bonds owned_ 44,736.00 Banking House and Lot-_ 150,000.00 Furniture anrl Fixtures __ 2,000.00 Other Real Estate owned . 68,264.68 Cash in Vault and Amount due from approved Reserve Agents 283,4D3.37 Checks for Clearing and Due from other Banks 42,892.S5 Cash Items 1,061.06 Overdrafts ------------ 25.72 Advance on Cotton and other Com~ modities ---------------- ------------ None Cus tamers Liability on Letters of Credit and Acceptances __ Profit and Loss ~~~~--~------ ~ ~ None None Other Resource:3 5,854.19 Total -~- -~---$2,025,305.51 LIABILITIES: Capital Stock ~ ----S Capital Notes Surplus Fund UndiYided Profits Reserve Funds Due to Banks Dividends Unpaid Cashier's Checks CPrtifleJ Checks Demand Deposits Time Certificates of Deposits __ Savings Deposits Letters of Credit and Acceptances exeeuted for Customers __ Bills Payable Notes antl Bills Rediscounted __ Other Liabilities 200,000.00 142,000.00 58,000.00 18,272.61 14,045.63 76,728.56 448.00 6,635.10 8,27 4.51 742,727.03 13,750.00 554,107.45 None 61,000.00 129,316.62 None Total ~--~$ 2, 0 2 5, 3 0 5. 51 90 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the GEORGIA STATE SAVINGS ASSOCIATION Savannah, Ga. As cailed for by the Superintendent of Banks. HENRY BLUN, S. B. LaFAR, President. Secty. & Treas. Date of Charter: 7-29-1909 Began Business: 8-4-1909 RESOURCES: Loans and Discounts_____ __$3,203,627.56 State of Georgia and Municipal Bonds owned _________ _ None U. S. Government Securities owned 405,67 5.00 Other Stocks and Bonds owned ____ 397,166.59 Banking House and Lot_ ___ 115,000.00 Furniture and Fixtures 1.00 Other Real Estate owned __ 938,935.25 Cash in Vault and Amount due from approved Reserve Agents 138,724.71 Checks for Clearing and Due from other Banks __ Cash Items _______________ _ 1,972.26 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 5,391.31 Total .. $5,2 06,4 9 3.68 LIABILITIES: Capital Stock ---- __________$ 325,000.00 Capital Notes None Surplus Fund 250,000.00 Undivided Profits 53,398.34 Reserve Funds 163,892.70 Due to Banks--- None Dividends Unpaid None Cashier's Checks None Certified Checks _ None Demand Deposits None Time Certificates of Deposits ______ 1,599,075.78 Savings Deposits 2,791,594.78 Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted_ None Other Liabilities 23,532.08 Total ---- $ 5' 2 0 6' 4 9 3. 6 8 STATEMENT Showing condition at the close of Business December 31, 1937, of the SAVANNAH BANK & TRUST COMPANY Savannah, Ga. As called for by the Superintendent of Banks. JOHN J. CORNELL, J. H. THOMPSON, President. Cashier. Date of Charter: 3-4-1869 Began Business: 7-1869 RESOURCES: Loans and Discounts _ $2,999,764.30 Statp of Georgia and Municipal Bonds owned None U. S. Govern1nent Securities owned _____________ _ 120,606.67 Other Stocks and Bonds owned ____ 44,476.31 Banking House and Lot 525,000.00 Furniture and Fixtures ___ _ 17,000.00 Other Real Estate owned __ 117,472.05 Cash in Vault and An1ount due from approved Reserve Agents 1,003,262.03 Checks for Clearing and Due from other Banks--------------- ____ _ 128,471.56 Cash Items 3,239.27 Overdrafts ------------------- 1,344.56 Advance on Cotton and other Commodities None Customers Liability on Letters of Credit and Acceptances ________ 14,880.69 Profit and Loss - None Other Resources None Total _________.. $4,975,517.44 LIABILITIES: Capital Stock __ $ 350,000.00 Capital Notes 325,000.00 Surplus Fund 125,000.00 Undivided Profits 27,173.84 Reserve Funds -- ----------------- 80,000.00 Due to Banks. 466,970.75 DiYidends Unpaid None Cashier's Checks 38,183.61 Certified Checks 4,008.52 Demand Deposits 2,117,567.81 Time Certificates of Deposits 11,250.00 Savings Deposits 1,227,314.89 Letters of Credit and Acceptances executed for Customers 14,880.69 Bills Payable None Notes and Bills Rediscounted 173,384.70 Other Liabilities 14,782.63 Total - ______________ $4,9 7 5,517.44 EIGHTEENTH ANNUAL REPORT 91 STATEMENT Showing condition at the close of Business December 31, 1937, of the FARMERS & MERCHANTS BANK Senoia, Ga. As called for by the Supe;-intendent of Banks. R. L. HARDY, R. W. FREEMAN, President. Cashier. Date of Charter: 3-2-1874 Began Business: 1889 RESOURCES: Loans and Discounts ____ $ 88,248.74 State of Georgia and Municipal U Bs.onGdsovoewrnnmedent Securities owned None 900.00 Other Stocks and Bonds owned ____ None Banking House and Lot-- 1,400.00 Furniture anrl Fixtures _____ None Other Real Estate owned __ _ 14,150.00 Cash in Vault and Amount due from approved Reserve Agents 49,070.54 Checks for Clearing and Due from other Banks None Cash Items 7 5.00 Overdrafts 52.12 AdYance on Cotton and other Com modities 43,103.48 Customers Liability on Letters of Credit and Acceptances None Profit nnd Loss __ None Other Resources None Total 3196,999.88 LIABILITIES: Capital Stock __ ..$ 25,000.00 Capital Notes None Surplus Fund -------------------- 7,000.00 Undivided Profits 3,354.16 Reserve Funds None Due to Banks _ None Dividends Unpaid 2,136.00 Cashier's Checks 21.51 C<:rtified Checks None Demand Deposits 99,772.94 Time Certificates of Deposits __ 59,715.27 Savings Deposits None Letters of Credit and Acceptances executed for Customers __ - None Bills Payable None Notes and Bills Rediscounierl _ None Other Liabilities __ _ None ----------$196,999.88 STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS BANK Shady Dale, Ga. As called for by the Superintendent of Banks. J. H. YOUNG, President. Date of Charter: 2-6-1920 0. H. BANKS, Cashier. Began Business: 4-12-1920 RESOURCES: Loans and Discounts.. ____ S 42,383.61 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned __ 195.00 Banking House and Lot None Furniture and Fixtures __ 1,500.00 Other Real Estate owned---------_ 1,077.23 Cash in Vault and Amount due from approved Reserve Agents 11,296.58 Checks for Clearing and Due from other Banks ........... None Cash Items ----------------------------- None Overdrafts ------ ------- None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss __ None Other Resources None Total -------- ------------------------- --------$ 5 6,4 52.4 2 LIABILITIES: Capital Stock ____ .. _______ _ ____________ $ 20,000.00 Capital Notes None Surplus Fund None Undivided Profits 1,339.84 Reserve Funds --- None Due to Banks None Dividends Unpaid ---------------- None Cashier's Checks 284.01 Certified Checks None Demand Deposits 22,123.34 Time Certificates of Deposits __ 12,705.23 Savings Deposits ____________ _ None Letters of Credit and Acceptances executed for Customers ___ None Bills Payable ------------------- .. ________ _ None Notes and Bills Rediscounted _______ _ None Other Liabilities _ ----------------- None Total ---------------------------- ------ _____________ $ 56,452.42 92 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF SHARON Sharon, Ga. As called for by the Superintendent of Banks. W. F. DOZIER, B. C. DARDEN President. Cashier. ' Date of Charter: 9-29-1904 Began Business: 9-1904 RESOURCES: Loans and Discounts ____________ $ 22,516.84 State of Georgia and Municipal Bonds o\vned None U. S. Government Securities owned 14,616.71 Other Stocks and Bonds owned .... None Banking House and Lot None Furniture and Fixtures __ 500.00 Other Real Estate owned_ 1,500.00 Cash in Vault and Amount due from approved Reserve Agents 23,561.48 Checks for Clearing and Due from other Banks 396.58 Cash Items None Overdrafts 90.00 Advance on Cotton and other Com- modities ________ -------------- ---------------- 13,534.67 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss ____ 162.35 Other Resources -------- None Total ---------- ---------- ---- -------- ----------- $ 7 6, 8 78. 6 3 LIABILITIES: Capital Stock ----------------- ........ $ 15,000.00 Capital Notes ----------------- None Surplus Fund -------------------------- 6,000.00 Undivided Profits ---------------------- None Reserve Funds ---- ---------------------- None Due to Banks None Dividends Unpaid None Cashier's Checks __ --------------------------- 14.66 Certified Checks None Demand Deposits ---- .. -------- __________ _ 44,499.58 Time Certificates of Deposits ____ _ 11,364.39 Savings Deposits ---------------- None Letters of Credit and Acceptances executed for Customers None Bills Payable ------------------ None Notes and Bills Rediscounted __ None Other Liabilities ______________ _ None Total ------$ 76,878.63 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF SILOAM Siloam, Ga. As called for by the Superintendent of Banks. J. H. DOLVIN, D. C. OWEN, President. Cashier. Date of Charter: 10-18-1904 Began Business: 10-1904 RESOURCES: Loans and Discounts ________________________ $ 34,373.82 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned ____ None Banking House and Lot... 2,500.00 Furniture and Fixtures 1,532.60 Other Real Estate owned.. 5,032.63 Cash in Vault and Amount due from approved Reserve Agents ___ 29,412.30 Checks for Clearing and Due from other Banks None Cash Items -------------- None Overdrafts ------- -------------------- None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Accevtances ____ None Profit and Loss ----- --------------- None Other Resources - --------------- 112.03 Total ------------$ 7 2. 9 6 3. 3 8 LIABILITIES: Capital Stock ..$ 15,000.00 Capital Notes None Surplus Fund 10,000.00 Undivided Profits 2,758.96 Reserve Funds __ 1,500.00 Due to Banks_ None Dividends Unpaid 46.60 Cashier's CheckH None Certified Cheeks --------- - -- --- None Demand Deposits 31,886.99 Time Certificates of Deposits 11,770.83 Savings Deposits None Letters of Credit and Acceptances executed for Customers __ None Bills Payable ------ --------------------------- None Notes and Bills Rediscounted None Other Liabilities ___ None Total ------------------$ 72,963.38 EIGHTEENTH ANNUAL REPORT 93 STATEMENT Showing condition at the close of Business December 31, 1937, of the SOCIAL CIRCLE BANK Social Circle, Ga. As called for by the Superintendent of Banks. W. B. SPEARMAN, W. S. McKIBBEN, President. Cashier. Date of Charter: 12-31-1923 Began Business: 3-8-1924 RESOURCES: Loans and Discounts - -------$ 61,311.24 State of Georgia and Municipal Bonds owned ----------------------- _______ _ 10,376.60 U. S. Government Securities owned None Other Stocks and Bonds owned ________ 2,000.00 Banking House and Lot __ 3,000.00 Furniture and Fixtures--- 1,500.00 Other Real Estate owned. None Cash in Vault and Amount due from approved Reserve Agents 35,842.28 Checks for Clearing and Due from other Banks - None Cash Items -------------------------------Overdrafts --------------------- None 36.22 Advance on Cotton and other Com- modities 46,229.53 Customers Liability on Letters of Credit and Acceptances ______ None Profit and Loss ------------------- None Other Resources ----- None Total ------- ------------------------ - --$16 0. 29 5. 8 7 LIABILITIES: Capital Stock Capital Notes ----------------$ 25,000.00 None Surplus Fund 7,000.00 Undivided Profits --------------------- 10 7.5 6 Reserve Funds ------------------------------ None Due to Banks _____________ ------------- None Dividends Unpaid 2,500.00 Cashier's Checks _________ ------------- 50.00 Certified Checks ---------------------- 3.7 5 Demand Deposits ---- ------------------- 95,145.25 Time Certificates of Deposits ______ . 5,000.00 Savings Deposits 25,452.77 Letters of Credit and Acceptances executed for Customers _______ _ None Bills Payable 36.54 Notes and Bills Rediscounted __ _ None Other Liabilities ------------------------ None Total ----------------- ---------------- -- -------$160,295.87 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE BANK OF SOPERTON Soperton, Ga. As called for by the Superintendent of Banks. J. B. O'CONNER, J. E. HALL, President. Cashier. Date of Charter: 6-16-1906 Began Business: 6-1903 RESOURCES: Loans and Discounts ______ $105,304.46 State of Georgia and Municipal Bonds owned _ ------------ None U. S. Government Securities owned None Other Stocks and Bonds owned.... 8,906.95 Banking House and Lot __________ ------- 13,476.25 Furniture and Fixtures ------------------- 3,842.84 Other Real Estate owned ________________ 29,305.34 Cash in Vault and Amount due from approved Reserve Agents____ 55,156.79 Checks for Clearing and Due from other Banks -------------------------- Cash Items ------------------------ Overdrafts ---------------------------------------- None 2.30 83.49 Advance on Cotton and other Com- modities ------------------------- _____ ________ 99,5 48.50 Customers Liability on Letters of Credit and Acceptances ____ None Profit and Loss.. Other Resources _______ None 1,563.18 Total ______________ $31 7,190.10 LIABILITIES : Capital Stock -- .... $ 25,000.00 Capital Notes ---------------------- 25,000.00 Surplus Fund ---------------------- 10,000.00 Undivided Profits - -------------------------- 2,153.3.1 Reserve Funds -------------------------------- None Due to Banks. --------------------------------- None Dividends Unpaid --- ------------- None Cashier's Checks ---------------------- 231.72 Certified Checks -------------- None Demand Deposits -------------------------- 153,684.99 Time Certificates of Deposits __ 71,511.73 Savings Deposits ------------------------------ 29,608.35 Letters of Credit and Acceptances executed for Customers. None Bills Payable -------------------- None Notes and Bills Rediscounted.... - None Other Liabilities _____ None Total ____ ---------------------------------------.$317,190.10 94 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the THE EXCHANGE BANK OF SPRINGFIELD Springfield, Ga. As called for by the Superintendent of Banks. J. W. TEBEAU, J. M. MARCHMAN President. Cashier. ' Date of Charter: 12-31-1907 Began Business: 1-1-1908 RESOURCES: Loans and Discounts___ -----$172,471.09 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 10,000.00 Other Stocks and Bonds owned __ 8,500.00 Banking House and Lot 2,500.00 Furniture and Fixtures __ 1,000.00 Other Real Estate owned ___ None Cash in Vault and An1ount due from approvect Reserve Agents 63,163.81 Checks for Clearing and Due from other Banks - None Cash Items None Overdrafts None Advance on Cotton and oth12r Com- modities None Customers Liability on Letters of Credit and Acceptances ___ _ None Profit and Loss None Other Resources None Total __ $ 2 5 7 , 6 3 4 . 9 0 LIABILITIES: Capital Stock Capital Notes Surplus Fund Undivided Profits __ _ Reserve Funds Due to Banks __ Dividends Unpaid Cashitr's Checks --S 15,ooo.o 0 None 7,500.00 2,000.00 None None None 945.95 Certified Checks Demand Deposits None 151,300.97 Time Certificates of Deposits_ None Savings Deposits 80,887.98 Letters of Credit and Acceptances executed for Customers __ None Dills Payable None Notes and Bills Rediscounted _ None Other Liabilities None Total ________ s2 57,6 34.90 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF STAPLETON Stapleton, Ga. As called for by the Superintendent of Banks. J. C. KILGORE, J. C. KILGORE, President. Cashier. Date of Charter: 9-24-1906 Began Business: 1906 RESOURCES: Loans and Discounts _____ $ 29,353.95 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 14,853.13 Other Stocks and Bonds owned ____ None Banking House and Lot____ _ 2,400.00 Furniture and Fixtures __ 2,300.00 Other Real f;state owned __ _ 3,509.00 Cash in Vault and Amount due from approved Reserve Agents 14,431.53 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts 88.51 Advance on Cotton and other Com modities None Customers Liability on Letters of Credit and Acceptances_ None Profit and Loss ___ _ None Other Resources 196.81 Total ____________ $ 67,132.93 LIABILITIES: Capital Stock _$ 15,000.00 Capital N otcs None Surplus Fund 4,000.00 Undivided Profits 563.11 Reserve Funds None Due to Banks None Dividends Unpaid 4.00 Cashier's Checks ___ - 267.31 Certified Checks None Demand Deposits 39,877.84 Time Certificates of Deposits 7,420.67 Savings Deposits ____ _ None Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted ____ None Other Liabilities ----- None Total _________________________________________________ $ 67,132.93 EIGHTEENTH ANNUAL REPORT 95 STATEMENT Showing condition at the close of Business December 31, 1937, of the BULLOCH COUNTY BANK Statesboro, Ga. As called for by the Superintendent of Banks. S. W. LEWIS, President. Date of Charter: 1-19-1934 W. L. de JARNETTE, Cashier. Began Business: 4-14-1934 RESOURCES: Loans and Discounts__ $360,127.57 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 10,000.00 Other Stocks and Bonds owned __ None Banking House and Lot__ 19,000.00 Furniture and Fixtures 2,000.00 Other Real Estate owned None Cash in Vault and Amount due from approved Reserve Agents 121,836.90 Checks for Clearing and due from other Banks 4,639.30 Cash Items None Overdrafts 1,170.66 Ad\ance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances . None Profit and Loss None Other Resources None Total ---- ------$518,77 4.43 LIABILITIES: Capital Stock ------ _....________ $ 50,000.00 Capital Notes None Surplus Fund ----------------- 10,000.00 Undidded Profits 14,639.10 Reserve Funds 5,619.48 Due to Banks None Dividend::, Unpaid 337.50 Cashier's Checks 1,302.71 Certified Checks 500.00 Demand Deposits 349,255.55 Time Certificates of Deposits 86,967.09 Savings Deposits 153.00 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total ________________ $518, 7 7 4.43 STATEMENT Showing condition at the close of Business December 31, 1937, of the SEA ISLAND BANK Statesboro, Ga. As called for by the Superintendent of Banks. C. P. OLLIFF, C. B. McALLISTER, President. Cashier. Date of Charter: 3-11-1901 Began Business: 1901 RESOURCES: Loans and Discounts . _ $232,720.83 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 128,700.00 Other Stocks and Bonds owned ___ _ None Banking House and Lot __ 22,500.00 Furniture and Fixtures 2,000.00 Other Real Estate owned __ 7,139.47 Cash in Vault and Amount due from approved Reserve Agents 97,365.52 Checks for Clearing and due from other Banks 5,849.50 Cash Items ----- --------------- None Overdrafts - ---- -- None Advance on Cotton and other Com- modities --------------------- ------ 210,888.98 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss ... -------------------Other Resources ____ None None Total ___________ .. $707,164.30 LIABILITIES: Capital Stock _________ $ 50,000.00 Capital Notes None Surplus Fund 10,000.00 Unrl.ivicled Profits 10,012.86 Reserve Funds 528.67 Due to Banks __ None Dividends Unpaid 308.00 Cashier's Checks 9,660.86 Certified Checks ___________ ---- ------ None Demand Deposits __ ------------------------- 484,857.34 Time Certificates of Deposits __ 134,390.48 Savings Deposits _______ 7,406.09 Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted__ None Other Liabilities None Total ------------------ _______________________________ $ 7 0 7,164.3 0 96 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the FARMERS & MERCHANTS BANK Summerville, Ga. As called for by the Superintendent of Banks. N. B. MURPHY, D. L. McWHORTER, President. Cashier. Date of Charter: 2-5-1926 Began Business: 2-6-1926 RESOURCES: Loans and Discounts___ _$164,250.21 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 187,519.24 Other Stocks and Bonds owned 13,275.20 Banking House and Lot __ 5,100.00 Furniture and Fixtures 1,960.00 Other Rea] Estate owned __ 2,990.00 Cash in Vault and Amount due :rom approved Reserve Agents 261,478.33 Ch(c'eks for Clearing and due from other Banks 2,639.28 Cash Items None Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances _ None Profit and Loss_ None Other Resources None Total ----- -------- ___ $639,212.26 LIABILITIES: Capital Stock ------------ _s 25,000.00 Capital Notes None Surplus Fund 8,000.00 Undi\ided Profits 8,012.40 Reserve Funds 1,428.07 Due to Banks None Divirl.end::; Unpaid None Cashier's Checks 2,689.38 Certified Checks None Demand Deposits 446,952.71 Time Certificates of Deposits __ 147,129.70 Savings Deposits ___ _ None Letters of Credit and Acceptances executed for Cu::;tomers __ _ ~one Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total --S639,212.26 STATEMENT Showing condition at the close of Business December 31, 1937, of the DURDEN BANKING COMPANY, INCORPORATED Summitt, Ga. As called for by the Superintendent of Banks. B. L. ROUNTREE, R. W. DURDEN, President. Cashier. Date of Charter: 6-26-1935 Began Business: 7-5-1935 RESOURCES: Loans and Discounts_ _$ 14,932.92 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned __ None Banking House and Lot__ 2,500.00 Furniture and Fixtures 1,200.00 Other Real Estate owned 3,000.00 Cash in Vault and Amount due from approved Reserve Agents 20,794.39 Checks for Clearing and due from other Banks None Cash Items 354.92 Overdrafts None Advance on Cotton and other Com- modities 40,089.59 Customers Liability on Letters of Credit and Acceptances ____ _ None Profit and Loss None Other Resources None Total ------$ 82,871.82 LIABILITIES: Capital Stock -s 15,000.00 C~pital Notes None Surplus Fund 3,000.00 Undivided Profits 6 65.7 5 Reserve Funds None Due to Banks None Dividends Unpaid None Cashier's Checks 17 7.2 8 Certified Checks None Demand Deposits 64,02R.79 Time Certificates of Deposits _____ _ None Savings Deposits ___________________ _ None Letters of Credit and Acceptances executed for Customers ____ None Bills Payable None N oies and BiJls Rediscounted None Other Liabilities None Total --- ---------------------------- _$ 82,871.82 EIGHTEENTH ANNUAL REPORT 97 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE CENTRAL BANK Swainsboro, Ga. As called for by the Superintendent of Banks. R. A. FLANDERS, W. W. FLANDERS, President. Cashier. Date of Charter: 9-27-1920 Began Business: 11-9-1920 RESOURCES: Loans and Discounts ---------------$167,457.44 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 22.550.00 Other Stocks and Bonds owned __ 3,300.00 Banking House and Lot - 8,600.00 Furniture and Fixtures 2,000.00 Other Real Estate owned_ 50 7.0 0 Cash in Vault and Amount due from approved Reserve Agents 129,704.43 Checks for Clearing and due from other Banks 3,5R9.63 Cash Items 486.40 Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances _ None Profit nnd Loss None Other Resources None Total -------- ---$3 38,194.9 0 LIABILITIES: Capital Stock _____________ $ 25,000.00 Capital Notes ------------------- __________ None Surplus Fund 20.000.00 Undivided Profits 131.15 Reserve Funds None Due to Banks None DiYidends Unpaid None Cashier's Checks 1,252.79 Certified Checks Non~ Demand Deposits - 242,136.38 Time Certificates of Deposits-- 49,67 4.58 Savings Deposits None Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total ___ $338,194.90 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE CITIZENS BANK OF SWAINSBORO Swainsboro, Ga. As called for by the Superintendent of Banks. J. R. COLEMAN, OTIS G. PRICE, President. Cashier. Date of Charter: 11-10-1900 Began Business: 1900 RESOURCES: Loans and Discounts S396,726. 75 State of Georgia and Municipal Bonds owned 17,410.00 U. S. Government Securities owned 54,500.00 Other Stocks and Bonds owned None Banking House and Lot- None Furniture and Fixtures _ 2,750.00 Other Real Estate owned- 28,302.28 Cash in Vault and Amount due from approved Reserve Agents 93,099.00 Checks for Clearing and due from other Banks None Cash Items 18.86 Overdrafts None Advance on Cotton and other Com- modities 184,537.42 Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources --------------- None Total _____ __$777,344.31 LIABILITIES: Capital Stock Capital Notes ---- ------> 25,000.00 None Surplus Fund 50,000.00 Undivided Profits _- None Reserve Funds 6,351.27 Due to Banks None Dividends Unpaid 7,500.00 Cashier's Checks 1,912.48 Certified Checks None Demand Deposits 374,070.29 Time Certificates of Deposits __ 312,510.27 Savings Deposits None Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted None Other Liabilities --- None Total ____________________ $ 7 77,344.31 98 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the EXCHANGE BANK Sycamore, Ga. As called for by the Superintendent of Banks. 0. W. SMITH, JOHN A. SMITH, President. Cashier. Date of Charter: 3-18-1918 Began Business: 3-18-1918 RESOURCES: Loans and Discounts _______________________ $ 17,753.27 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned _ None Banking House and Lot 3.500.00 Furniture and Fixtures 2,745.00 Other Real Estate owned __ 1,553.06 Cash in Vault and Amount due from approved Reserve Agents 23,737.74 Checks for Clearing and due from other Banks None Cash Items None Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss ___ _ 95.34 Other Resources None Total __________ $ 49,384.41 LIABILITIES: Capital Stock Capital Notes Surplus Fund Undivided Profits Reserve Funds Due to Banks ___ _ Diviilends Unpaid Cashier's Checks Certified Checks Demand Deposits Time Certificates of Deposits __ Savings Deposits Leiters of Credit and Acceptances Fxecutect for Customers ____ Bills Payable K otes and Bills Rediscounted Other Liabilities 15,000.00 None None None None None None 5.60 None 29,3<15.12 5,033.69 None None None None None Total --~ 49,384.41 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF SCREVEN COUNTY Sylvania, Ga. As called for by the Superintendent of Banks. J. A. MILLS, JOHN A. MILLS, JR., President. Cashier. Date of Charter: 4-10-1913 Began Business: 5-1-1911 RESOURCES: Loans and Discounts-- __ $254,877.81 State of Georgia and Municipal Bonds owned 9,266.00 U. S. Government Securities owned 43,500.00 Other Stocks and Bonds owned_ 34,505.46 Banking House and Lot None Furnitu-re and Fixtures 2,000.00 Other Real Estate owned 4,839.94 Cash in Vault and Amount due from approved Reserve Agents_ 200,044.49 Checks for Clearing and Due from other Banks ----- ------------- 515.42 Cash Items _ 175.84 Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances _________ None Profit and Loss _______ _ None Other Resources ------------------ None Total -- --------------- ________ $549, 724.96 LIABILITIES: Capital Stock .$ 50,000.00 Capital Notes None Surplus Fund 10,000.00 Undivided Profits 19,721.30 Reserve Funds None Due to Banks -- None Dividends Unpaid None Cashier's Checks 11,906.92 Certified Checks None Demand Deposits 340,600.05 Time Certificates of Deposits 58,309.52 Savings Deposits 54,898.21 Letters of Credit and Acceptances executed for Customers----- None Bills Payable None Notes and Bills Rediscounted _______ None Other Liabilities ----------------------- 4,288.96 Total -------- _____ $549, 724.96 EIGHTEENTH ANNUAL REPORT 99 STATEMENT Showing condition at the close of Business December 31, 1937, of the SYLVESTER BANKING COMPANY Sylvester, Ga. As called for by the Superintendent of Banks. T. C. JEFFORD, J. H. WESTBERRY, SR., President. Cashier. Date of Charter: 7-5-1898 Began Business: 7-1898 RESOURCES: Loans and Discounts -------------$112,228.78 State of Georgia and Municipal Bonds owned 11,000.00 U. S. Government Securities owned 40,000.00 Other Stocks and Bonds owned None Banking House and Lot 6,000.00 Furniture and Fixtures __ 2,500.00 Other Real Estate owned ____ None Cash in Vault and Amount due from approved Reserve Agents 385,698.48 Checks for Clearing and Due from other Banks ----------- None Cash Items -- ------------------------------ None Overdrafts ----- --------- None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources None Total $557,427.26 LIABILITIES : Capital Stock --------------- _________________ $ 50,000.00 Capital Notes None Surplus Fund 25,000.00 Undivided Profits ------------- _____ 11,771.51 Reserve Funds 3,554.46 Due to Banks None Dividends Unpaid 204.00 Cashier's Checks 2,568.85 Certified Checks None Demand Depo:;its ________ 385,330.47 Time Certificates of Deposits 78,997.97 Savings Deposits None Letters of Credit and Acceptances executed for Customers __ None Bills Payable --------------------------- Notes and Bills Rediscounted None None Other Liabilities None Total --- $557,427.26 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE PEOPLES BANK Talbotton, Ga. As called for by the Superintendent of Banks. E. R. MATHEWS, FANNIE MAHONE, President. Cashier. Date of Charter: 12-13-1890 Began Business: 1-13-1891 RESOURCES: Loans and Discounts ____ $ 55,163.01 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 65,000.00 Other Stocks and Bonds owned_ None Banking House and Lot__ 4,063.27 Furniture and Fixtures _ 1,000.00 Other Real Estate owned ____ 2,414.93 Cash in Vault and Amount due from approved Reserve Agents _ 49,969.54 Checks for Clearing and Due from other Banks ---- 1,270.34 Cash Items -------------------------- None Overdrafts ------------- -------- None Advance on Cotton and other Com ... modities None Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss __ None Other Resources None Total -------------------- .$178,881.09 LIABILITIES: Capital Stock ____________________________________ $ 25,000.00 Capital Notes None Surplus Fund 15,000.00 Undivided Profits 3,459.84 Reserve Funds None Due to Banks None Dividends Unpaid 15.00 Cashier's Checks 207.23 Certified Checks None Demand Deposits 90,660.66 Time Certificates of Deposits __ _ 44,538.36 Savings Deposits None Letters of Credit and Acceptances executed for Customers _____ _ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total --------- $178,881.09 100 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS BANK OF TALLAPOOSA Tallapoosa, Ga. As called for by the Superintendent of Banks. W. H. WRIGHT, W. H. WRIGHT, President. Cashier. Date of Charter: 10-2-1935 Began Business: 10-7-1935 RESOURCES: Loans and Discounts ______ $ 32.701.81 State of Georgia and Municipal Bonds owned - - ------------- 3,500.00 U. S. Government Securities owned None Other Stocks and Bonds owned __ 2,237.17 Banking House and Lot 2,500.00 Furniture and Fixtures-- 1,000.00 Other Real Estate owned_ None Cash in Vault and Amount due from approved Reserve Agents 33,575.58 Checks for Clearing and Due from other Banks - None Cash Items ______ _ None Overdrafts 945.77 Advance on Cotton and other Comw modities 4,500.00 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss None Other Resources None Total _______ $ 80,960.33 LIABILITIES: Capital Stock ---------------- ---------$ 25,000.00 Capital Notes None Surplus Fund 4,510.16 Undivided Profits Reserve Funds __ None None Due to Banks None Dividends Unpaid None Cashier's Checks None Certified Checks None Demand Deposits 46,005.17 Time Certificates of Deposits .. 445.00 Saving-s Deposits 5,000.00 Letters of Credit and Acceptances executed for Customers __ None Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total ____ $ 80,960.33 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF TAYLORSVILLE Taylorsville, Ga. As called for by the Superintendent of Banks. J. I. HARRIS, M. A. PERRY, President. Cashier. Date of Charter: 6-5-1905 Began Business: 6-13-1905 RESOURCES: Loans and Dsicounts _ _____ $ 39,401.83 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned --- 5,084.68 Banking House and Lot 1,400.00 Furniture and Fixtures 2,000.00 Other Real Estate owned __ 550.00 Cash in Vault and Amount due from approved Reserve Agents 9,160.94 Checks for Clearing and Due from other Banks Cash Items ________ None None Overdrafts 8.06 Advance on Cotton and other Com- modities ---------------------- 44,868.28 Customers Liability on Letters of Credit and Acceptances None Profit and Loss Other Resources -- None 10.96 Total ---- $102,484.75 LIABILITIES: Capital Stock ----$ 25,000.00 Capital Notes None Surplus Fund 5,000.00 Undivided Profits 3,997.70 Reserve Funds None Due to Banks None Dividends Unpaid 1,000.00 Cashier's Checks None Certified Checks None Demand Deposits 47,314.41 Time Certificates of Deposits __ 5,17 5.29 Savings Deposits 10,997.35 Letters of Credit and Acceptances executed for Customers _______ _ None Bills Payable 4,000.00 Notes and Bills Rediscounted ______ None Other Liabilities None Total -------- ------------ _$1 02,484.7 5 EIGHTEENTH ANNUAL REPORT 101 STATEMENT Showing condition at the close of Business December 31, 1937, of the TENNILLE BANKING CO. Tennille, Ga. As called for by the Superintendent of Banks. S. D. MANDEVILLE, S. D. MANDEVILLE, President. Cashier. Date of Charter: 4-4-1900 Began Business: 4-4-1900 RESOURCES: Loans and Discounts __ .5 91,553.83 State of Georgia and Municipal Bonds owned 13,648.00 U. S. Government Securities owned None Other Stocks and Bonds owned.... None Banking House and Lot ------------------- None Furniture and Fixtures __ 1,250.00 Other Real Estate owned 4,050.00 Cash in Vault and Amount due from approved Reserve Agents_ 36,249.85 Checks for Clearing and Due from other Banks 1,986.33 Cash Items ------------------------- None Overdrafts 1,472.17 Advance on Cotton and other Com- modities ---------------------- 73,618.19 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss --- ------------------ None Other Resources ---------------- None Total .$223,828.37 LIABILITIES: Capital Stock ____ $ 30,000.00 Capital Notes ________________________ _ 6,000.00 Surplus Fund 4,435. 76 Undivided Profits None Reserve Funds None Due to Banks None Dividends Unpaid 1,500.00 Cashier's Checks 1,784.95 Certified Checks None Demand Deposits 119,811.15 Time Certificates of Deposits __ 36,902.83 Savings Deposits 23,393.68 Letters of Credit and Acceptances execnted for Customers _ None Bills Payable None Notes and Bills Rediscounted_ None Other Liabilities None Total ____ $22 3,828.37 STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS AND SOUTHERN BANK Thomaston, Ga. As called for by the Superintendent of Banks. JAMES R. ATWATER, H. W. WHEELESS, President. Cashier. Date of Charter: 1-16-26 Began Business: 1-16-26 RESOURCES: Loans and Discounts ________________________ $8i>1, 794.71 State of Georgia and Municipal Bonds owned 4,150.00 U. S. Government Securities owned 109,545.00 Other Stocks and Bonds owned __ . 30,210.00 Banking House and Lot_ _____ 10,000.00 Furniture and Fixtures ----------------- 3,444.18 Other Real Estate owned __ _ 36,283.07 Cash in Vault and Amount due from approved Reserve Agents 178,905.75 Checks for Clearing and Due from other Banks -- -------------- --- Cash Items -------------------Overdrafts --- ------------------- 1,505.51 None None Advance on Cotton and other Commodities None Customers Liability on Letters of Credit and Acceptances ___ _ None Profit and Loss -Other Resources __ _ None 63.59 Total _______ $1,235,901.81 LIABILITIES: Capital Stock ---------$1 iJO,O 00.00 Capital Notes None Surplus Fund 25,000.00 Undivided Profits 8,475.28 Reserve Funds 127.58 Due to Banks ___ _ None Dividends Unpaid 4,000.00 Cashier's Checks _______ 7,058.39 Certified Checks 853.12 Demand Deposits 801,716.43 Time Certificates of Deposits ________ 109,658.74 Savings Deposits 179,012.27 Letters of Credit and Acceptances executed for Customers None Bills Payable ---------- _______ None Notes and Bills Rediscounted ________ None Other Liabilities ------ None Total ---------------- ----- $1,235,901.81 102 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF THOMAS COUNTY Thomasville, Ga. As called for by the Superintendent of Banks. W. F. SCOTT, H. B. GURLEY, President. Cashier. Date of Charter: 2-5-1937 Began Business: 2-15-1937 RESOURCES: Loans and Discounts... .. ........ $196,312.88 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 55,153.1-1 Other Stocks and Bonds owned. 4,868. 75 Banking House and Lot ___ None Furniture and Fixtures 4,140.76 Other Real Estate owned None Cash in Vault and Amount due from approved Reserve Agents.... 243,254.18 Checks for Clearing and Due from other Banks 8,216.43 Cash Items . None Overdrafts None Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances-- None Profit and Loss ----------------- None Other Resources ---------------- None Total .... $511,946.14 LIABILITIES: Capital Stock .. $ 50,000.00 Capital Notes None Surplus Fund 10,000.00 Unrlivided Profits 550.02 Reserve Funds Due to Banks __ None None Dividends Unpaid None Cashiers Checks 2,197.93 Certified Checks ....... None Demand Deposits 386,196.56 Time Certificates of Deposits __ - 11,651.61 Savings Deposits 51,350.02 Letters of Credit and Acceptances executed for Customers None Bills Payable ..................... None Notes and Bills Rediscounted ___ None Other Liabilities None Total .._.. $511,946.14 STATEMENT Showing condition at the close of Business December 31, 1937, of the COMMERCIAL BANK Thomasville, Ga. As called for by the Superintendent of Banks. J. TRUMAN HOLLAND, W. J. MILLER, JR., President. Cashier. Date of Charter: 7-3-1916 Began Business: 7-22-1916 RESOURCES: Loans and Discounts.. ... $673,751.49 State of Georgia and Municipal Bonds owned 33,962.30 U. S. Government Securities owned 127,097.81 Other Stocks and Bonds owned 134,567.49 Banking House and Lot 39,000.00 Furniture and Fixtures __ - 8,619.00 Other Real E;tate owned 6,400.00 Cash in Vault and Amount due from approved Reserve Agents.. 510,420.02 Checks for Clearing and Due from other Banks ..._....................... 30,053.05 Cash Items .......................-... None Overdrafts 135.90 Advance on Cotton and other Com- modities 59,607.07 Customers Liability on Letters of Credit and Acceptances ___________ None Profit and Loss .... . ........_______ None Other Resources 435.17 Total .. $1,624,049.30 LIABILITIES: Capital Stock ..-... $ 50,000.00 Capital Notes None Surplus Fund 50,000.00 Undivided Profits 15,169.78 Reserve Funds None Due to Banks __ _ 44,100.21 Dividends Unpaid 55.00 Cashier's Checks 3,811.99 Certified Checks 35.00 Demand Deposits 995,405.68 Time Certificates of Deposits ____ _ 19,339.34 Savings Deposits 446,132.30 Letters of Credit and Acceptances executed for Customers _____ _ None Bills Payable None Notes and Bills Rediscounted ______ _ None Other Liabilities .. ..................._. None Total ....................____.. $1' 62 4, 0 49. 3 0 EIGHTEENTH ANNUAL REPORT 103 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF THOMSON Thomson, Ga. As called for by the Superintendent of Banks. J. E. WILKERSON, E. C. HAWES, President. Cashier. Date of Charter: 7-18-1891 Began Business: 7-18-1891 RESOURCES: Loans and Discounts______ .......... $111,259. 77 State of Georgia and Municipal Bonds owned ___________ _ 66,872 . 02 u. S. Government Securities owned 85,761.56 Other Stocks and Bonds owned.... 75,625.16 Banking House and Lot. ____________ _ 11,400.00 Furniture and Fixtures 3,500.00 Other Real Estate owned _________ 7,828.76 Cash in Vault and Amount due from approved Reserve Agents 239,281.60 Checks for Clearing and Due from other Banks 2, 793.68 Cash Items ------------------------------- _ None Overdrafts 14.79 Advance on Cotton and other Com- modities ---- -- ---------- None Customers Liability on Letters of Credit and Acceptances None Profit and Loss ---- None Other Resources 3,754.47 Total --------------------- ---------------- ........ $ 6 0 8' 091.81 LIABILITIES: Capital Stock ------------------------ _.._______ $ 50,000.00 Capital Notes None Surplus Fund 50,000.00 Undivided Profits ---------------------- 19,302.88 Reserve Funds ---- ------------------ None Due to Banks __ ----------------- None Dividends Unpaid 4,048.00 Cashier's Checks __ ----------------- 725.99 Certified Checks ----------------------- 3.47 Demand Deposits -~--- _________ _ 305,201.90 Time Certificates of Deposits __ 178,809.57 Savings Deposits None Letters of Credit and Acceptances executed for Customers _ None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities ------------------------------ None Total ------------------------- _________________ $ 6 0 8, 091.81 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE BANK OF TIFTON Tifton, Ga. As called for by the Superintendent of Banks. E. P. BOWEN, SR., B. H. McLEOD, President. V.P. & Cash. Date of Charter: 10-101891 Began Business: 1896 RESOURCES: Loans and Discounts. .... $764,157.38 State of Georgia and Municipal Bonds owned ---- 26,117.91 U. S. Government Securities owned 99,825.00 Other Stocks and Bonds owned.... 62,038.86 Banking House and LoL-~--------------- 25,653.35 Furniture and Fixtures ____ _ None Other Real Estate owned ____________ _ 29,135.69 Cash in Vault and Amount due from approved Reserve Agents 698,625.68 Checks for Clearing and Due from other Banks 24,300.70 Cash Items ------------------------------ 1,041.21 Overdrafts 486.70 Advance on Cotton and other Com- modities ------- None Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources None Total -- .$1, 731,382.48 LIABILITIES: Capital Stock Capital Notes _______________-_-_-__.._._. $100,00N0o.0n0e Surplus Fund 150,000.00 Undivided Profits __ 72,091.97 Reserve Funds 1,000.00 Due to Banks.... 201,598.70 Dividends Unpaid - ----------------------- 360.00 Cashier's Checks 4,223.19 Certified Checks ----------------------- 188.25 Demand Deposits --------~-------------- 816,531.63 Time Certificates of Deposits 218,556.78 Savings Deposits -------------------- 166,831.96 Letters of Credit and Acceptances executed for Customers ------------- None Bills Payable None Notes and Bills Rediscounted... None Other Liabilities ---------------------- - None Total ---- ---------------- -------------------- $1 '7 31' 3 8 2.4 8 104 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the THE FARMERS BANK OF TIFTON Tifton, Ga. As called for by the Superintendent of Banks. JOSEPH KENT, T. A. MITCHELL, JR. President. Cashier. Date of Charter: 12-21-1936 Began Business: 2-24-1937 RESOURCES: Loans and Discounts ______ - $ 97,230.92 State of Georgia and Municipal Bonds owned -------------------- None U. S. Government Securities owned None Other Stocks and Bonds owned __ _ None Banking House and Lot__ 7,000.00 Furniture and Fixtures ... ---------------- 3,000.00 Other Real Estate owned __ None Cash in Vault and Amount due from approved Reserve Agents 21,700.85 Checks for Clearing and Due from other Banks __ 2,542.14 Cash Items -------------------- None Overdrafts 78.72 Advance on Cotton and other Com- modities ----------------- 3,182.40 Customers Liability on Letters of Credit and Acceptances ________________ None Profit and Loss None Other Resources 9,603.49 Total $144,338.52 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 anrl Bills Rediscounted __ Other Liabilities ---------------------------- 50,000.00 None 10,000.00 None 9,691.26 None None 291.31 None 61,753.49 6,843.94 5,350.67 None None None 407.85 Total ~ _____________ $144,338.52 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE BANK OF TIGNALL Tignall, Ga. As called for by the Superintendent of Banks. C. D. BOLTON, L. D. WARE, President. Cashier. Date of Charter: 7-5-1909 Began Business: 8-1909 RESOURCES: Loans and Discounts . _________ $ 42,673.30 State of Georgia and Municipal Bonds owned __ ---------------- None U. S. Government Securities owned None Other Stocks and Bonds owned ___ _ 500.00 Banking House and Lot ____ 4,000.00 Furniture and Fixtures ------ 1,000.00 Other Real Estate owned--~-~--- 2,500.00 Cash in Vault and Amount due from approved Reserve Agents __ 17,737.16 Checks for Clearing and Due from other Banks ------------------------------ 1,708.03 Cash Items None Overdrafts __ 196.75 Advance on Cotton and other Com- modities ------------------ 42,503.47 Customers Liability on Letters of Credit and Acceptances ..------------ None Profit and Loss None Other Resources None Total ------- _$112,818.71 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 5,000.00 1,000.00 23.75 None None None 40.90 None 56,388.31 25,365.75 None None None None None Total ------------------------------- ------ $112,818.71 EIGHTEENTH ANNUAL REPORT 105 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF TOCCOA Toccoa, Ga. As called for by the Superintendent of Banks. J. H. CURTIS, R. C. HARDING, President. Cashier. Date of Charter: 8-10-1911 Began Business: 9-1-1911 RESOURCES: Loans and Discounts _____________________$230,345.14 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 11,637.50 60,000.00 None None 3,240.00 5,137.80 87,625.99 Checks for Clearing and Due from other Banks Cash Items Overdrafts ------------- --------------------Ad. vance on Cotton and other Com- modities Customers Liability on Letters of Credit and Acceptances_~ Profit and Loss ___ _ Other Resources None None None 38,448.03 None None None Total _______ $436,43 4.46 LIABILITIES: Capital Stock ____________________________ $ 25,000.00 Capital Notes 25,000.00 Surplus Fund 10,000.00 Undivided Profits __ 5,094.12 Reserve Funds 5,000.00 Due to Banks None Dividends Unpaid None Cashier's Checks --- 213.58 Certified Checks None Demand Deposits 282,434.74 Time Certificates of Deposits __ 1,000.00 Savings Deposits 82,692.02 Letters of Credit and Acceptances pxecuted for Customers None Bills Payable None Notes and Bills Rediscounted __ None Other Liabilities None Total _____________ $43 6,43 4.46 STATEMENT Showing condition at the close of Business December 31, 1937, of the WILKINSON COUNTY BANK Toomsboro, Ga. As called for by the Superintendent of Banks. F. B. CHAMBERS, H. E. STEPHENS, President. Cashier. Date of Charter: 7-16-1907 Began Business: 7-16-1907 RESOURCES: Loans and Discounts ______________________ $ 68,282.02 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned __ 3,000.00 Banking House and Lot ------- 5,500.00 Furniture and Fixtures __ ---------------- 284.00 Other Real Estate owned ________ _ 22,189.16 Cash in Vault and Amount due from approved Reserve Agents 46,7 46.02 Checks for Clearing and Due from other Banks ----------------------------- None Cash Items ----------------- 67.61 Overdrafts ---------- 149.91 Advance on Cotton and other Com- modities _____ _ _ ------------------- 90.94 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss __ _ None Other Resources None Total -----------------------------------------------$14 6, 3 0 9. 6 6 LIABILITIES: Capital Stock __ $ 15,000.00 Capital Notes __ ------ ---------- 10,000.00 Surplus Fund None Undivided Profits 3,014.72 Reserve Funds --- 1,200.00 Due to Banks -------------------- None Dividends Unpaid None Cashier's Checks 1,528.00 Certified Checks None Demand Deposits 80,709.79 Time Certificates of Deposits __ 34,857.15 Savings Deposits --------- --------------- None Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted ________ None Other Liabilities None Total ------- ___ $146,309.66 106 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF TRION Trion, Ga. As called for by the Superintendent of Banks. BENJ. D. REIGEL, GRADY W. COLE, President. Cashier. Date of Charter: 10-16-1912 Began Business: 12-17-1912 RESOURCES: Loans and Discounts__ ___________ $108,342.93 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned 113,275.00 Other Stocks and Bonds owned ___ _ None Banking House and Lot------------------- None Furniture and Fixtures __ 652.00 Other Real Estate owned __ 4, 7 46.00 Cash in Vault and Amount due from approved Reserve Agents 137,615.29 Checks for Clearing and Due from other Banks ------------------ None Cash Items ---------------------- None Overdrafts ----- ------------- None Advance on Cotton and other Com- modities ------------------ 4,411.65 Customers Liability on Letters of Credit and Acceptances __ None Profit and Loss _ ------ ---------------- None Other Resources ------------------- 12,220.86 Total _____ $3 81,263.7 3 LIABILITIES: Capital Stock ---------------- ----$ 25,000.00 Capital Notes ----------------- None Surplus Fund ------------------ 25,000.00 Undivided Profits ---------------------- 10,317.16 Reserve Funds -------- 1,181.00 Due to Banks --------------------- None DiYidends Unpaid ----------------- None Cashier's Checks ----------------- 3,302.09 Certified Checks ----------------------- None Demand Deposits 179,981.41 Time Certificates of Deposits__ 135,046.57 Savings Deposits 1,435.50 Letters of Credit and Acceptances executed for Customers None Bills Payable -- -------------------- None Notes and Bills Rediscounted ____ None Other Liabilities None Total ----------------- --------$381,2 63.7 3 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF TUCKER Tucker, Ga. As called for by the Superintendent of Banks. P. K. BURNS, L. S. BURNS, President. Cashier. Date of Charter: 10-29-1919 Began Business: 12-30-1919 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 Com- modities ------------------- Customers Liability on Letters of Credit and Acceptances_ Profit and Loss--------- ----------------------- Other Resources -------------------- 61,516.23 None None None 2,250.00 1,500.00 1,200.00 26,000.17 44.78 144.67 239.78 1,071. 73 None None None Total ________ ----------------------------------- ____ $ 93,967.36 LIABILITIES: Capita] Stock --------- -------------- ---$ 15,000.00 Capital Notes 7,500.00 Surplus Fund 3,000.00 Undivided Profits 588.14 Reserve Funds ------------------- 1,200.00 Due to Banks------------------------------------ None Dividends Unpaid 608.00 Cashier's Checks ---------- 179.22 Certified Checks None Demand Deposits ----- 41,891.62 Time Certificates of Deposits -------- 7,222.03 Savings Deposits --------~------- 16,778.35 Letters of Credit and Acceptances executed for Customers None Bills Payable -- ---------------- None Notes and Bills Rediscounted. None Other Liabilities ----------------- None Total -------------------------------------- _________$ 9 3, 9 6 7.3 6 EIGHTEENTH ANNUAL REPORT 107 STATEMENT Showing condition at the close of Business December 31, 1937, of the EXCHANGE BANK OF UNADILLA Unadilla, Ga. As called for by the Superintendent of Banks. E. H. CONNER, President. Date of Charter: 4-19-1935 T. E. WOODRUFF, Cashier. Began Business: 4-22-1935 RESOURCES: Loans and Discounts __________ $ 44,317.34 state of Georgia and Municipal Bonrls owned 1,000.00 U. S. Government Securities owned None Other Stocks and Bonds owned ____ None Banking House and Lot------- 1,900.00 Furniture and Fixtures __ 900.00 Other Real Estate owned __ None Cash in Vault and Amount due from approved Reserve Agents 22,856.15 Checks for Clearing and Due from other Banks ---------------- 118.31 Cash Items Overdrafts 98.30 None Advance on Cotton and other Com- modities 30,242.23 Customers Liability on Letters of Credit and Acceptances-- None Profit and Loss Other Resources -------------------- _ None None Total - _________ $1 01,4 3 2.33 LIABILITIES: Capital Stock --------$ 15,000.00 Capital Notes _---------------- None Surplus Fund 5,000.00 Undivided Profits 1,012.41 Reserve Funds --------------------- None Due to Banks _ None Dividends Unpaid 96.00 Cashier's Checks 432.66 Cprlified Checks None Demand Deposits 48,395.41 Time Certificahs of Deposits-- 31,495.85 Savings Deposits None Letters of Credit and Acceptances executed lor Customers __ None Bills Payable None Notes and Bills Rediocounted None Other Liabilities None Total _________ $1 01,4 3 2.3 3 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF UNION POINT Union Point, Ga. As called for by the Superintendent of Banks. H. LAMB, R. B. RHODES, President. Cashier. Date of Charter: 5-15-1911 Began Business: 5-1911 RESOURCES: Loans and Discounts .---------------------$14 2, 7 4 0. 8 0 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned ____ None Banking House and Lot-_ 1,842.00 Furniture and Fixtures ___ _ 176.87 Other Real Estate owned _-------- 5,622.44 Cash in Vault and Amount due from approved Reserve Agents 24,122.12 Checks for Clearing and Due from other Banks ---------------------------------- 112.70 Cash Items -------------------- None Overdrafts --------- ------------------- Advan~~ on Cotton and other Com- 8.03 modities ---------------------------------------- 2 0, 8 9 5.2 6 Customers Liability on Letters of Credit and Acceptances Profit and Loss __________________________________ None None Other Resources _________ -------------------- None Total --------------------------------- ______________ $19 5,5 2 0.2 2 LIABILITIES: Capital Stock -- ---------------- _$ 25,000.00 Capital Notes __ None Surplus Fund _______ ------------ 25,000.00 Undivided Profits ____ 1,443.09 Reserve Funds ------------------ 1,000.00 Due to Banks _----------------------- None Dividends Unpaid ---------------------------- 1,075.00 Cashier's Checks __ _ 280.59 Certified Checks _______ --------- None Demand Deposits ----------------- ____ 127,506.44 Time Certificates of Deposits __ None Savings Deposits ------------------ ----------- 14,215.10 Letters of Credit and Acceptances executed for Customers None Bills Payable ------------------ ____ ---------- None Notes and Bills Rediscounted _______ _ None Other Liabilities ------------------------------ None Total ____________ $195,520.22 108 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the THE FARMERS BANK Union Point, Ga. As called for by the Superintendent of Banks. B. W. BOYD, A. J. STEWART President. Cashier. ' Date of Charter: 9-6-1911 Began Business: 9-6-1911 RESOURCES: Loans and Discounts . ____________ $ 83.241.47 State of Georgia and Municipal Bonds owned 5,418.00 U. S. Government Securities owned 11,370.52 Other Stocks and Bonds owned __ 3,950.60 Banking House and Lot__ 2.200.00 Furniture and Fixtures---------------- 800.00 Other Real Estate owned __ 5,331.75 Cash in Vault and Amount due from approved Reserve Agents 35,251.21 Checks for Clearing and Due from other Banks ------ -------------------------- None Cash Items 325.00 Overdrafts ------------------------- 71.98 Advance on Cotton and other Com- modities ---------- ----- 4,030.49 Customers Liability on Letters of Credit and Acceptances None Profit and Loss.. None Other Resources ------------------- None Total ___ $151,991.02 LIABILITIES: Capital Stock _______ s 15,000.00 Capital Notes ---- -------------- ------Surplus Fund ________________ 10.275.00 2,000.00 Undivided Profits 2,701.97 Reserve Funds 1.200.00 Due to Banks __ None Dividends Unuaid Cashier's Che~ks 33.00 425.4! Certified Checks None Demand Deposits ------------------ _ 73,814.07 Time Certificates of Deposits 3.652.45 Savings Deposits 42,889.12 Letters of Credit and Acceptances exeeuted for Customers _____ _ Nona Bills Payable None Notes and Bills Rediscounted None Other Liabilities None Total --------- _____________ $151.(191.02 STATEMENT Showing condition at the close of Busines!Y December 31, 1937, of the DARBY BANKING COMPANY Vidalia, Ga. As called for by the Superintendent of Banks. J. F. DARBY, SR., 0. C. EIDSON, President. Cashier. Date of Charter: 6-22-1934 Began Business: 6-29-1934 RESOURCES: Loans and Discounts _ _________ $111,638.85 State of Georgia and 11unicipal Bonds owned U. S. Government Securities owned 283.75 5,000.00 Other Stocks and Bonds owned ____ 100.00 Banking House and Lot--------Furniture and Fixtures Other Real Estate owned---------- 9,000.00 7 50.0 0 5,50 0.00 Cash in Vault and Amount due from approved Reserve Agents__ 51,198.01 Checks for Clearing and Due from other Banks ---- Cash Items -------------------~-- 2,146.10 None Overdrafts --------------------------------- - None Advance on Cotton and other Com- modities 72,088.55 Customers Liability on Letters of Credit and Acceptances Profit and Loss --~ -------~~------- Other Resources ---------------------------- None None None Total ____ ---------------- ---------------------------$2 57,7 0 5. 2 6 LIABILITIES: Capital Stock ----- __________ $ 25.000.00 Capital Notes 8.600.00 Surplus Fund ------------------ Undivided Profits ________________ _ 7,047.47 None Reserve Funds 2.559.7 4 Due to Banks __ None Dividends Unpaid ------------------------ None Cashier's Checks 531.69 Certified Checks 12.57 Demand Deposits 169,896.14 Time Certificates of Deposits ___ _ 41.628.27 Savings Deposits None Letters of Credit and Acceptances executed for Customers _____________ _ None Bills Payable None Notes and Bills Rediscounted _______ _ None Other Liabilities ------------------------------ 2,429.38 Total __ -----------------~---- -------------------- __ $ 2 57,7 0 5. 2 6 EIGHTEENTH ANNUAL REPORT 109 STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS BANK Vienna, Ga. As called for by the Superintendent of Banks. J. B. WALTON, W. G. WILLIAMSON, President. Cashier. Date of Charter: 6-30-1931 Began Business: 7-1-1931 RESOURCES: Loans and Discounts ........ $108,171.24 State of Georgia and Municipal u. Bso. nGdsovoewrnn1endent Securities O\vned None 17,150.00 Other Stocks and Bonds owned.. None Banking House and Lot__ 3,625.00 Furniture and Fixtures _______ _ 600.00 Other Real Estate owned None Cash in Vault and Amount due from approved Reserve Agents 61,136.32 Checks for Clearing and Due from other Banks . 3,415.71 Cash Items 10.25 Overdrafts None Advance on Cotton and other Com- modities 34,957.96 Customers Liability on Letters of Credit and Acceptances ___ _ None Profit and Loss .. None Other Resources None Total .. ................................... $229,066.48 LIABILITIES: Capital Stock - --------------- ---S 25,000.00 Capital Notes 13,200.00 Surplus Fund 5,000.00 Undivided Profits 11,622.85 Reserve Funds 265.90 Due to Banks None Dividends Unpaid 467.52 Cashier's Checks 1,210.16 Certified Checks ______ ................. None Demand Deposits 135,943.56 Time Certificates of Deposits 36,356.49 Savings Deposits ----------------- None Letters of Credit and Acceptances executed for Customers None Bills Payable ________________ _ None Kates and Bil!s Rediscounted None Other Liabilities ------------------------------ None Total . ----- ----- ---------- ................... $229,0 66.48 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF VILLA RICA Villa Rica, Ga. As called for by the Superintendent of Banks. S. C. DOBBS, R. R. RICHARDSON, President. Cashier. Date of Charter: 5-4-1899 Began Business: 5-1899 RESOURCES: Loans and Discounts.. _______________ $150,648.34 State of Georgia and Municipal Bonch; owned 8,983.90 U. S. Government Securities owned 82,897.54 Other Stocks and Bonds owned_ Banking House and Lot-__________ Furniture and Fixtures ___________ 14,7 50.00 4,850.00 2,341.42 Other Real Estate owned.--------------- 28,462.80 Cash in Vault and Amount due from approved Reserve Agents 73,152.fl2 Checks for Clearing and Due from other Banks 10,000.00 Cash Items .. -------------------------- None Overdrafts ---------------------------------------Advance on Cotton and other Com- None modities ------------------------ --------- 187,5 53.25 Customers Liability on Letters of Credit and Acceptances ________________ None Profit and Loss ...... ----------------------- None Other Resources ----------------- 458.73 Total ... $564,098.90 LIABILITIES: Capital Stock --------------- .......... $ 50,000.00 Capital Notes None Surplus Fund 9,000.00 Undivided Profits .. 908.69 Reserve Funds __ _ ------------------ None Due to Banks__ None Dividends Unpaid None Cashier's Checks ------------------ 5,828.09 Certified Checks --------------- None Demand Deposits _____ - 374,935.09 Time Certificates of Deposits 98,427.03 Savings Deposits --------------------- ____ None Letters of Credit and Acceptances executed for Customers None Bills Payable 25,000.00 Notes and Bills Rediscounted ________ None Other Liabilities .. --------------- None Total -------------------------------------------$56 4,0 9 8. 9 0 110 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF WADLEY Wadley, Ga. As called for by the Superintendent of Banks. DR. J. D. PEACOCK, B. A. WATSON President. Cashier. ' Date of Charter: 1-29-1902 Began Business: 1-1902 RESOURCES: Loans and Discounts___ ____ $113,116.26 State of Georgia and Municipal Bonds owned __ None U. S. Government Securities owned 10,000.00 Other Stocks and Bonds owned __ None Banking House and Lot. _____ _ 3,000.00 Furniture and Fixtures .. 2,000.00 Other Real Estate owned __ 11,716.90 Cash in Vault and Amount due from approved Reserve Agents 60,696.61 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts None Advance on Cotton and other Com- modities 10,965.23 Customers Liability on Letters of Credit and Acceptances None Profit and Loss None Other Resources None Total $211,495.00 LIABILITIES: Capital Stock Capital Notes ____ $ 25,000.00 10,000.00 Surplus Fund 5,000.00 Undivided Profits 7,060.1! Reserve Funds ---------------- 1,988.1! Due to Banks __ None Divid('nds Unpaid None Cashier's Checks -------------------------- 590.66 Certified Checks None Demand Deposits 100,770.10 Time Certificates of Deposits 13,900.00 Savings Deposits 47,186.02 Letters of Credit and Acceptances executed for Customers Bills Payable None None Notes and Bills Rediscounted Other Liabilities ----------------- ____________ None None Total ---- ---------- ---- -----------$211,49 5.00 STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS BANK Warrenton, Ga. As called for by the Superintendent of Banks. DENHAM CASON, R. F. FO\VLER, President. Cashier. Date of Charter: 4-14-1902 Began Business: 4-1902 RESOURCES: Loans and Discounts___ ____ $425,260.13 State of Georgia and Municipal Bonds owned 45,573.96 U. S. Government Securities owned 147,983.14 Other Stocks and Bonds owned ___ _ 25,329.50 Banking House and Lot_ ___ Furniture and Fixtures ________________ 8,975.44 5,587.40 Other Real Estate owned __ _ 5,196.01 Cash in Vault and Amount due from approved Reserve Agents 289,770.35 Checks for Clearing and Due from other Banks ---- 11.92 Cash Items None Overdrafts 286.14 Advance on Cotton and other Com- modities None Customers Liability on Letters of Credit and Acceptances_ None Profit and Loss ____ None Other Resources ____ None Total __________$953,97 3.99 LIABILITIES: Capital Stock ----------------------$ 50,000.00 Capital Notes None Surplus Fund 25,000.00 Undivided Profits 30,957.57 Reserve Funds 13,557.82 Due to Banks __ None Dividends Unpaid 250.00 Cashier's Checks 2,960.88 Certified Checks 500.00 Demand Deposits ----- 830,747.72 Time Certificates of Deposits ___ _ None Savings Deposits None Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted_. ______ None Other Liabilities --------- None Total _______________ _______________$ 9 5 3,9 7 3.99 EIGHTEENTH ANNUAL REPORT 111 STATEMENT Showing condition at the close of Business! December 31, 1937, of the WASHINGTON LOAN & BANKING CO. Washington, Ga. As called for by the Superintendent of Banks. T. J. BARKSDALE, T. J. BARKSDALE, President. Cashier. Date of Charter: 9-7-1891 Began Business: 5-1-1895 RESOURCES: Loans and Discounts~-- ------~---$291,641.36 State of Georgia and Municipal Bonds owned ----------------- 113,519.72 U. S. Government Securities owned 72,300.00 Other Stocks and Bonds owned____ 213,000.00 Banking House and Lot___ None Furniture and Fixtures __ 2, 700.00 Other Real Estate owned _______________ _ 2,500.00 Cash in Vault and Amount due from approved Reserve Agents 124,283.86 Checks for Clearing and Due from other Banks ______ ------------------~------ 4,779.27 Cash Items None Overdrafts ------------~----- 67.09 Advance on Cotton and other Com- modities ------ ------------- ------------------ None Customers Liability on Letters of Credit and Acceptances ________________ None Profit and Loss _ None Other Resources ------------------------------ None Total --------------------- -------------------- $8 2 4, 791.3 0 LIABILITIES: Capital Stock ---------------- ________ $ 50,000.00 Capital Notes -------------------------- None Surplus Fund ----------------------------------- 50,000.00 Undivided Profits 54,694.47 Reserve Funds None Due to Banks __ 3,111.25 Dividends Unpaid None Cashier's Checks 5,015.10 Certified Checks __ ------------------------- None Demand Deposits --- -------------- 404,37 4.02 Time Certificates of Deposits ____ 52,221.61 Savings Deposits 175,374.85 Letters of Credit and Acceptances executed for Customers ________________ None Bills Payable ------------------------ 30,000.00 Notes and Bills Rediscounted ________ None Other Liabilities ------------ None Total _________________________ $ 8 2 4, 791.3 0 STATEMENT Showing condition at the close of Business December 31, 1937, of the COMMERCIAL BANK Waycross, Ga. As called for by the Superintendent of Banks. L. B. HARRELL, J. M. NORMAN, President. V.P. & Cash. Date of Charter: 10-15-1918 Began Business: 10-30-1918 RESOURCES: Loans and Discounts___ ______ $ 2 7 3 , 5 8 5 . 3 9 State of Georgia and Municipal Bonds owned ------------------ 15,592.10 U. S. Government Securities owned 357,035.20 Other Stocks and Bonds owned.... 25,118.15 Banking House and Lot ___________________ 18,240.00 Furniture and Fixtures__ ----- 6,000.00 Other Real Estate owned ________________ 2,000.00 Cash in Vault and Amount due from approved Reserve Agents 768,675.42 Checks for Clearing and Due from other Banks -------------------- 5,636.44 Cash Items ------------------------------------Overdrafts -------------------------------- 134.50 None Advance on Cotton and other Com modities --------------------- -----------------Customers Liability on Letters of Credit and Acceptances_.____________ None None Profit and Loss __ ----------------------------- None Other Resources -------------------------- 332.67 Total ---------------------------------------------$1,47 2, 3 49. 8 7 LIABILITIES: Capital Stock ------------------------------------$ 50,000.00 Capital Notes ----------------------------------- None Surplus Fund ----------------------------------- 10,000.00 Undivided Profits ---- ----------------- 54,262.58 Reserve Funds ---- --------------------------- 5,513.87 Due to Banks ---- 50,000.00 Dividends Unpaid ---------------------------- 1,000.00 Cashier's Checks ------------------------- 12,651.20 Certified Checks --------------- None Demand Deposits 820,408.05 Time Certificates of Deposits ________ 165.00 Savings Deposits __ 468,349.17 Letters of Credit and Acceptances executed for Customers None Bills Payable None Notes and Bills Rediscounted________ None Other Liabilities --------------------------- None Total 112 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF WAYNESBORO Waynesboro, Ga. As called for by the Superintendent of Banks. Date of Charter: 12-16-1890 Began Business: 1891 RESOURCES: Loans and Discounts ___ ----------------$175,857.50 State of Georgia and Municipal Bonds owned None U. S. Government Securities owned None Other Stocks and Bonds owned __ None Banking House and Lot-~--- None Furniture and Fixtures-- 2,000.00 Other Real Estate owned 16,155.7 5 Cash in Vault and Amount due from approved Reserve Agents 33,069.67 Checks for Clearing and Due from other Banks None Cash Items None Overdrafts _______ -------- _ None Advance on Cotton and other Com- modities ____________ --------- --------- -------- None Customers Liability on Letters of Credit and Acceptances ____ None Profit and Loss _ ----- ------------- None Other Resources 15,000.00 Total ..... $242,082.92 LIABILITIES: Capital Stock ----------------------------$ 50,000.00 Capital Notes 20,000.00 Surplus Fund 10,000.00 Undivided Profits 719.42 Reserve Funds ---------------------- Due to Banks _______ -------------------- _____ None None Dividends Unpaid ---------------------------- None Cashier's Checks ------------------------------ 781.96 Certified Checks ________ -------------------- None Demand Deposits ______ _ 73,580.53 Time Certificates of Deposits________ None Savings Deposits _____ ---------- 60,432.15 Letters of Credit and Acceptances executed for Customers ______ _ Bills Payable ________________ _ None 26,568.86 Notes and Bills Rediscounted........ None Other Liabilities ---------------- None Total ------------------------------------$242,082.92 STATEMENT Showing condition at the close of Business December 31, 1937, of the CITIZENS BANK AND TRUST CO. West Point, Ga. As called for by the Superintendent of Banks. WILLIS JOHNSON, H. C. SAPP, President. Cashier. Date of Charter: 2-17-1917 Began Business: 3-17-1917 RESOURCES: Loans and Discounts___ _________ $695,502.48 State of Georgia and Municipal Bonds owned -------------------- 14,000.00 U. S. Government Securities owned 330,000.00 Other Stocks and Bonds owned.... 18,000.00 Banking House and LoL None Furniture and F'ixtures __________________ 8,000.00 Other Real Estate owned.. 36,772.42 Cash in Vault and Amount due from approved Reserve Agents 600,384.49 Checks for Clearing and Due from other Banks ---------------------- Cash Items ---- ---------------------- Overdrafts -------------------- ------------------- 2,653.03 None None Advance on Cotton and other Com- modities ------------------------------------ None Customers Liability on Letters of Credit and Acceptances ______________ None Profit and Loss _____ ---------------- None Other Resources __ ----------------- 1,121.44 Total ----$1,706,433.86 LIABILITIES: Capital Stock -------$100,000.00 Capital Notes .... 90,000.00 Surplus Fund _ 20,000.00 Undivided Profits 13,340.53 Reserve Funds --------------------- 5,687.50 Due to Banks -------------------------- None Dividends Unpaid ___ ------------------------ None Cashier's Checks None Certified Checks ------------------------------ 1,243.87 Demand Deposits _________ 840,816.22 Time Certificates of Deposits________ None Savings Deposits --------- 631,345.74 Letters of Credit and Acceptances executed for Customers __________ None Bills Payable ______ --------------- None Notes and Bills Rediscounted........ None Other Liabilities ...... ----------------------- 4,000.00 Total ---------------------------------------------$1,7 0 6,4 3 3.8 6 EIGHTEENTH ANNUAL REPORT 113 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE PEOPLES BANK Winder, Ga. As called for by the Superintendent of Banks. C. O. MADDOX, 0. B. LANGFORD, President. Cashier. Date of Charter: 10-20-1926 Began Business: 10-30-1926 RESOURCES: LIABILITIES: Loans and Discounts___ --------- $232,777.88 State of Georgia and Municipal BonOs owned 7,500.00 U. S. Government Securities owned 1,000.00 Other Stocks and Bonds owned __ - 1,000.00 Banking House and Lot _ 15,000.00 Furniture and Fixtures 2,500.00 Other Real Estate owned 7,500.00 Cash in Vault and Amount due from approved Reserve Agents 193,791.65 Checks for Clearing and Due from other Banks ------------------ 399.57 Cash Items Overdrafts Advance on Cotton and other Com~ None None modities 1,503.45 Customers Liability on Letters of Credit and Acceptances None Profit and Loss Other Resources None None Capital Stock ______________ $ 25,000.00 Capital Notes None Surplus Fund 15,000.00 Undivided Profits 5,677.66 Reserve Funds None Due to Banks --------------- ____ _ None Dividends Unpaid 2,000.00 Cashiers Checks 2,683.39 Certified Checks 2.00 Demand Deposits 345,223.57 Time Certificates of Deposits 2,913.44 Savings Deposits 64,472.49 Letters of Credit and Acceptances execuh'd for Customers None Bills Payable None Notes and Bills Rediscounted None Other Liabilities .- None Total - $462,972.55 Total ---- _____$462,972.55 STATEMENT Showing condition at the close of Business December 31, 1937, of the THE WOODBURY BANKING CO. Woodbury, Ga. As called for by the Superintendent of Banks. J. E. GRIMSLEY, S. P. WILBURN, President. Cashier. Date of Charter: 10-20-1891 Began Business: 10-1902 RESOURCES: Loans and Discounts . ________________ $ 79,965.42 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 Com~ modities --------------------------------- Customers Liability on Letters of Credit and Acceptances _________ Profit and Loss --------------- ----------------Other Resources -------------------- 27,765.00 11,821.88 5,876.25 None 3,000.00 3,836.65 78,768.98 None 862.68 939.43 61,836.91 None None 442.61 Total __________________ ------------------------- ..$2 7 5,115.81 LIABILITIES: Capital Stock _______ $ 25,000.00 Capital Notes --- None Surplus Fund --- ----------------- 7,000.00 Undivided Profits 5,287.35 Reserve Funds 3,000.00 Due to Banks __ None Dividends Unpaid ---- None Cashiers Checks __ --------------------------- 2,558.42 Certified Checks None Demand Deposits 160,094.40 Time Certificates of Deposits _______ 72,175.64 Savings Deposits --------------- None Letters of Credit and Acceptances executed for Customers None Bills Payable -- --------------Notes and Bills Rediscounted ________ None None Other Liabilities --- ------------- None Total -- ___.$275,115.81 114 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the WOODLAND BANK Woodland, Ga. As called for by the Superintendent of Banks. J. H. WOODALL, M. H. KING, President. Cashier. Date of Charter: 11-18-1907 Began Business: 11-25-1907 RESOURCES: LIABILITIES: Loans and Discounts______ -----------$ 37,868.42 State of Georgia and Municipal Bonds owned ------------------- None U. S. Government Securities owned 5,400.00 Other Stocks and Bonds owned___ _ None Banking House and Lot----------------Furniture and Fixtures Other Real Estate owned.________________ _ 2,000.00 1,000.00 4,677.09 Cash in Vault and Amount due from approved Reserve Agents 43,883.51 Checks for Clearing and Due from other Banks ---------------------------------Cash Items --------- ------------------------------ None 11.01 Overdrafts ---------------- .69 Advance on Cotton and other Com- modities ------------------------------ 1,185.45 Customers Liability on Letters of Credit and Acceptances------------Profit and Loss ___ -------------------------- None None Other Resources 450.00 Total _______ $ 96,476.17 Capital Stock -----------------------------------$ 15,000.00 Capital Notes ------------------------------------ None Surplus Fund ----------------- 12,000.00 Undivided Profits ---------------------------- 7 45.13 Reserve Funds -------------------------------- None Due to Banks ------------------------------------Dividends Unpaid -----------~--------------- None 81.60 Cashier's Checks ------------------------------ 559.64 Certified Checks ----------------- None Demand Deposits ------- ------------------- 57,189.40 Time Certificates of Deposits __________ 10,900.40 Savings Deposits ----------------------------- None Letters of Credit and Acceptances executed for Customers ________________ None Bills Payable -------------------- Notes and Bills Rediscounted ________ None None Other Liabilities ___ ------------------------- None Total ----$ 96,476.17 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF WOODSTOCK Woodstock, Ga. As called for by the Superintendent of Banks. J. H. JOHNSTON, W. L. DUPREE, President. Cashier. Date of Charter: 10-10-1905 Began Business: 11--13-1905 RESOURCES: Loans and Discounts-.. -------------~-------$ 27.445.47 State of Georgia and Municipal Bonds owned __ None U.S. Government Securities owned 10,693.75 Other Stocks and Bonds owned..______ None Banking House and Lot-...____________ 3,299.16 Furniture and Fixtures__ _ 2,000.00 Other Real Estate owned __ 10,283.75 Cash in Vault and Amount due from approved Reserve Agents 7,703.94 Checks for Clearing and Due from other Banks -------------------------------- None Cash Items ---------------------------------- None Overdrafts ------------------- None Advance on Cotton and other Com- modities ------------------ 19,049.65 Customers Liability on Letters of Credit and Acceptances ________________ None Profit and Loss _____ None Other Resources None Total ___ -------------------------------------------$ 8 0,47 5. 72 LIABILITIES: Capital Stock ---- ------------------------- -----$ 25,000.00 Capital Notes ---------------------------- None Surplus Fund -------------------------------- 6,000.00 Undivided Profits ---------------------------- 185.71 Reserve Funds -------------------------------- None Due to Banks _______ ----------------------- None Dividends Unpaid --------------------------- 1,500.00 Cashier's Checks _ -------------------------- 9.50 Certified Checks ------------------------------ None Demand Deposits -------------------- 3 7,513.60 Time Certificates of Deposits __________ "10,266.91 Savings Deposits ------------------- None Letters of Credit and Acceptances executed for Customers. None Bills Payable -- ----------------------------- None Notes and Bills Rediscounted ________ None Other Liabilities ------------------------------ None Total ________ -------------------------------$ 8 0,4'7 5. 72 EIGHTEENTH ANNUAL REPORT 115 STATEMENT Showing condition at the close of Business December 31, 1937, of the BANK OF WRIGHTSVILLE Wrightsville, Ga. As called for by the Superintendent of Banks. R. L. KENT, H. T. JOHNSON, President. Cashier. Date of Charter: 2-16-1897 Began Business: 2-16-1897 RESOURCES: Loans and Discounts ...$ 70,948.95 State of Georgia and Municipal U. Bso. nGdsoveorwnnmeedn t -----------------------------Securities owned Other Stocks and Bonds owned.... Banking House and Lot....________________ None 12,235.78 None 2,500.00 Furniture and Fixtures~------------------- 1,000.00 Other Real Estate owned ________________ 150.00 Cash in Vault and Amount due from approved Reserve Agents 38,390.35 Checks for Clearing and Due from other Banks -------------- ------------------- Cash Items ------------------------------------Overdrafts ------------------------------ 921.93 None 265.07 Advance on Cotton and other Com- modities ----------- ----------------- 166,320.48 Customers Li_ability on Letters of Credit and Acceptances __ None Profit and Loss .. ------------------------------- None - - - - Other Resources -------------~---------------- None Total ------------------------------------------------$2 92,7 3 2.5 6 LIABILITIES: Capital Stock _______ $ 25,000.00 Capital Notes --------------------------------- None Surplus Fund ..-------------------------------- 17,924.42 Undivided Profits -------------------------- 6,115.85 Reserve Funds ------------------------------ 3,000.00 Due to Banks ... ------------------------------- None Dividends Unpaid None Cashier's Checks ________ --------------------- 83.45 Certified Checks ------------------------------ None Demand Deposits ----------------------- 173,637.42 Time Certificates of Deposits _______ 36,971.42 Savings Deposits -------- None Letters of Credit and Acceptances executed for Customers ___ _ None Bills Payable - ------------------------- 30,000.00 Notes and Bills Rediscounted........ None Other Liabilities ----------------------------- None Total --------------------------------------------- ... $ 2 9 2, 732.5 6 STATEMENT Showing condition at the close of Business December 31, 1937, of the EXCHANGE BANK OF WRIGHTSVILLE Wrightsville, Ga. As called for by the Superintendent of Banks. P. B. BEDINGFIELD, E. E. DALEY, President. Cashier. Date of' Charter: 12-20-1909 Began Business: 12-20-1909 RESOURCES: Loans and Discounts ..----------------------$149,314.28 State of Georgia and Municipal Bonds owned ------------------------------ 6,505.00 U. S. Government Securities owned 5,800.00 Other s'tocks and Bonds owned.... Banking House and LoL._________________ Furniture and Fixtures ___________________ 1,975.17 3,500.00 530.00 Other Real Estate owned __________ None Cash in Vault and Amount due from approved Reserve Agents 33,182.94 Checks for Clearing and Due from other Banks ---------------------------------- 2,944.13 Cash Items --------- ---------------------------- None Overdrafts --------------------------------------- 51.31 Advance on Cotton and other Com- modities --------------------------------------- 1,859.11 Customers Liability on Letters of Credit and Acceptances None Profit and Loss..-------------------------------- None Other Resources ----------------------------- None Total' _________ ------------------------------------$ 2 0 5, 612.0 4 LIABILITIES: Capital Stock ____________________________________ $ 35,000.00 Capital Notes ------------------------------------ None Surplus Fund ----------------- 15,000.00 Undivided Profits ---------------------------- 9,171.36 Reserve Funds -------------------------------- 480.25 Due to Banks .. --------------------------------- None Dividends Unpaid -------------------------- None Cashier's Checks ..---------------------------- 75.65 Certified Checks .... ----------------------- None Demand Deposits ___ 124,464.00 Time Certificates of Deposits........ 21,420.78 Savings Deposits __ --------------------------- None Letters of Credit and Acceptances executed for Customers ________________ None Bills Payable ---------------------------------- None Notes and Bills Rediscounted........ None Other Liabilities ____ ------------------------- None Total ------------------------ -------------------------$ 2 05, 612.0 4 116 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of Business December 31, 1937, of the THE BANK OF ZEBULON Zebulon, Ga. As called for by the Superintendent of Banks. C. R. GWYN, J. J. EDWARDS, President. Cashier. Date of Charter: 3-18-1905 Began Business: 1-31-1905 RESOURCES: Loans and Discounts------------------------$128,353. 73 State of Georgia and Municipal Bonds owned _____ -------------------------- 1,592.70 U. S. Government Securities owned 6,399.00 Other Stocks and Bonds owned ____ 3,105.67 Banking House and Lot---- 3,734.00 Furniture and Fixtures------------------- 1,443.00 Other Real Estate owned ___ 200.00 Cash in Vault and Amount due from approved Reserve Agents 69,976.99 Checks for Clearing and Due from other Banks ------------------- None Cash Items --------------------------------------- 594.32 Overdrafts ------------------ ---------------- 320.49 Advance on Cotton and other Com- modities ---------------- 2,440.07 Customers Liability on Letters of Credit and Acceptances None Profit and Loss __ ----------------- None Other Resources ----------------- None Total ------------------------------------------ ______ $ 218,15 9. 9 7 LIABILITIES: Capital Stock ------------------------------- ----$ 25,000.00 Capital Notes -----------------------------------Surplus Fund ------------------------------Undivided Profits ____________ None 5,000.00 5,154.06 DRueseertvoe BFaunnkdss____-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_______ Dividends Unpaid ------------------------- 1,708.16 None 40.00 Cashier's Checks ------------------------- 490.69 Certified Checks ----------------------------- None Demand Deposits ------------------------ __ 106,547.32 Time Certificates of Deposits----~~~~ 11,407.36 Savings Deposits ~~~~--~------- 62,812.38 Letters of Credit and Acceptances executed for CustomerS-~---~- None Bills Payable --------------------------------Notes and Bills Rediscounted ________ None None Other Liabilities ------------- None Total ------------------------ _____$218, 15 9.9 7