Nineteenth annual report [1938]

NINETEENTH ANNUAL REPORT
OF THE
DEPARTMENT OF BANKING
OF THE
STATE OF GEORGIA
YEAR ENDING DECEMBER 31
1938
R. E. GORMLEY, Superintendent of Banks

STATE OF GEORCIA
DEPARTMENT OF BANKING
Created by Act Approved August 16, 1919.
'\II\ETEEI\TH AJ\."l\UAL REFORT
YEAR ENDIKG DECEMBER 31, 1938.
DEPARTMENT ESTABLISHED An act to create the Department of Banking of the State of Georgia, to provide for the incorporation and regulation of Banks and penalties for violations of the Law, defining duties of the Superintendent of Banks, and for other purposes, was enacted by the Legislature in 1919, approved by the Governor August 16, 1919, and effective January 1, 1920.
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.

NINETEENTH ANNUAL REPORT

III

DEPARTMENT OF BANKING, STATE OF GEORGIA
ATLANTA
December 31. 193~.
To the I-Ionorable E. D. Ri\ers. Cm-ernor,
State d Ceorgia.
\tlanta. Ca.
Dear Sir:
:\s required m Sections 1S and 16 of \rticlc l. of the 13:.Jnking La\\'. I hmc the honor to submit here\\ ith. this. the 19th annual rei'Ort d the Dqartmcnt cf Banking for the year cn(lin<.J; Dc-
ccn-:.1:-cr .n. 19.3~.
Tl-,is rc;.,cTt consists of the following exhibits:
1. Exhibit \". Official Roster of the Dcrartmcnt of I3ankirg .
.2. Exhibit "B". a statement cf the reccir'ltS and disbursements of the DeJ'artment for the year 1938.
3. Exhibits "C'. "D". "E" ... ~ ... "C". "H". "I". cmcring miscellaneous applicaticns relati\ e to charter arnenclments. charter rene\Yals. \oluntary liquidations. etc.
4. Exhibit "J". a list of banks in voluntary liquidation.
5. Exhibit "K". a list of branch banks now in Of'eration.
6. Exhibit "L". a conder~sed statement showing the disposition of banks during the year 1938.
7. Exhibit "l'v1". a list of banks tl-at arc members of the Federal Reserve System.

IV

DEPAB.TMENT OF BANKING

8. Exhibit "N", a list of Small Loan Companies under the supervision of the Superintendent of Banks during the vear 1938. and Exhibit "0". a list of Credit Unions as of Decen1ber 31, 1938.
9. Exhibit "F', abstract of reports showing condition cf 231 banks and 8 brancres as of Decemcer 3L 1938. with a c0111_ parative statement of 231 banks and 8 brancres as of December
3L 1937.
In adcliticn to the information as reflected in the exhibits rereferrecl to abme. the report contains the detailed publisl~ed statement of each bank as of December 31, 1938. This statement gi\es and itemi:::ed rerort of the assets and liablities cf the bank. the elate the bank \vas chartered. the elate it began busine:;s. and the nan~e of the President and Cashier.
Respectfully submitted,
R. E. CORJ\ALEY.
Superintendent of Banks.

----

NINETEENTH ANNUAL REPORT
-----------

v
Exhibit "A'

DEPARTMENT OF BANKING, STATE OF GEORGIA

OFFICIAL ROSTER

December 31, 1938

R. E. GORMLEY Superintendent of Banks
C. B. GOLSAN Assistant Supe!intendent of Banl:s

EXAMINERS

Name

Address

R. G. Fleetwood_

_Statesboro ____________ _

__$

Richard Forrester ________ Cordele_

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, 1928.

RECEIPTS
Balance January 1, 1938 Examination Fees __ Small Loan Fees. __ Miscellaneous Incorre_

__ $ 6,658.68 -- 35,052.50
850.00 242.37
$12 ,f'03.55

DISBURSEMENTS
Superintendent's Salary_ Assistant Superintendent's Salary __ Traveling Expenses, Superintendent Traveling Expenses, Assistant Superintendent. Office Assistants' Salaries_ Examiners' Salaries __ Examiners' Expenses, Traveling__ Printing and Stationery _ Miscellaneous Office Expense Deducted by State Treasurer
Balance December 31, 1938__

$ 6,000.00 3,60o.on 754.45 672.40 4,372.00 9,600.00 8,213.70 623.75 1,838.94 4,585.22
$40,260.46
$ 2,543.09

~INETEENTH ANNUAL REPORT

VII

Exhibit "C." APPLICATIONS FOR RENEWAL OF CHARTER APPROVED.

NAME OF BANK

I I
LOCATION I DATE OF CHARTER APPROVED

I

Bank of Danielsville Bank of Pinehurst Monroe County B::mk The Darien Bank
Columbus Bk. & Tr. Co. Bank of Madison

Danielsville_
Pinehurst Forsyth
D8.rien Columbus Madison

12-11-1907 1-1-1908
11-2-Hl08 12-8-1888
12-24-1888 12 26-1888

1-10-38 1-26 38 6-8 38 10-25-38 11-25-38 1212-38

Exhibit "D." APPLICATION FOR REVIVAL OF CHARTER APPROVED.

NAME OF BANK

LOCATION I DATE OF CHARTER i APPROVED

'

I

Planters & Citizens Bank

Camilla

9-201904

3-31-38

APPLICATIONS FOR CHARTERS APPROVED.

Exhibit "E."

NAME OF BANK

LOCATION I APPROVED BEGAN BUSINESS

Citizens Bank Northwest Atlanta Bank Commercial State Bank Brice Banking Co. First State Bank of Cordele

Cuthbert Atlanta Donalson ville Vidalia I Cordele

2 7-38 3-26-38 10-17-38 10-21-38
12 1-38

3-1-38 6-15-38
12-16-38 10-29-38

PERMITS TO BEGIN BUSINESS ISSUED.

Exhibit "F."

NAME OF BANK

I

LOCATION-- ! -BEGAN ;;SI~~~-;--

---1 - - - - - -

1------~-~

Pembroke State Bank Citizens Bank Northwest Atlanta Bank
Brice Banking Co. Commercial State Bank

1 Pembroke __ Cuthbert
__ I__ Atlanta__ _ Vidalia_ ___ __ Donalsonville
----

2-11-38

I

3-1-38

6-15-38

10-29-38

12-16-38

VIII

DEPARTMENT OF BANKING
- - - - - - - - - """ - - -

Exhibit "G." MISCELLANEOUS AMENDMENTS TO CHARTER APPROVED.

NAME OF BANK

LOCATION I NATURE OF AMENDMENT

-----~-==-
APPROVED

~:-~~r~e=-~ank- --~~-:::-_~----~-~:fix :~~:=-of Di:.ectors 10-2538
!

Exhibit "H."

PERMITS TO ENTER VOLUNTARY LIQUIDATION ISSUED.
- - - - - - - - - - - - - - -- -- - - - "

NAME OF BANK

LOCATION I DATE

BY WHOM LIQUIDATED

Bank of Meansville

Meansville

Citizens Bank _

____ Tallapoosa_

Exchange Bank

Sycamore

Bank of Eton

Eton

Bank of Camden County

St. Marys_

1-3 38 3 14-38 3-16-38 10-11-38 12-27-38

Directors Directors Directors Directors
Directors

SURRENDER OF CHARTER APPROVED.
-=c=--- _ - -_ __ ---=---=-=-=-==~==-=-------c--_-

NAME OF BANK

LOCATION

Exhibit 'T" APPROVED

The Peoples Bank ___ _ Merchants & Planters Bank _

Comer Whigham

------------------'-----------------

3-2-38 5-4-38

-----

NINETEENTH ANNUAL REPORT
BANKS IN VOLUNTARY LIQUIDATION. December 31, 1938.

IX Exhibit "J."

NAME. OF BANK

LOCATION

DATE

-----
Br.nk of Sale City _ _ Br.nk of Willacoochee Fe.rmers Banking Company F::.rmers B::mk ____ - _ Br.nk of Bostwick ___ - ____ -
Farmers & Merchants Bank uruon Banking Company_ Dacula Banking Company sharpsburg Banking Company
Bank of Boston Bank of Buckhead Bank of Lincolnton Bank of Stephens council Br.nk Pittard Ba.nking Comp::.ny Bank of Tali2.ferro Atl2.nta Trust Company Br.nl{ of Helen Bznk of Ca.ve Spring Houston Ba.nking Co. Fr.rmers & Merchants Bank Merchants Trust Company _ Atlanta Savings Bank _ South Georgia Trust Company Peopl.e's Bank Bank of Statham Walker County Bank _ Bank of Brooklet Whitesburg Banking Company Loganville Banking Company_ Newnan Bank and Trust Company_ Citizens Bank Bank of Forsyth
Citizens Bank Clermont Banking Co. Decatur County Bank Rhine Ba.nking Co. Tobacco Belt Trust Co. Bainbridge St2.te Bank Ashley Trust Co. Continental Trust Co. Bank of Hoschton_ The Merchants and Mechanics Bank-
ing and Loan Co __
Bank of Meansville Citizens Bank Exchange Bank Bank of Eton Bank of Camden County

-------
Sale City Willacoochee Covington Vidette Bostwick _ Grantville Monroe_ Dacul2. _ Sharpsburg Boston _ Buckhead Lincolnton Stephens Ell2.ville Winterville Crawford ville Atlanta. Helen Cave Spring Perry
Kite Valdosta_ Atlanta_ Albany Glennville Statha.m LaFayette_ Brooklet Whitesburg Loganville Newnan Brinson _ Forsyth Claxton. Clermont Bainbridge _ Rhine __
Lakeland Bainbridge Valdosta_ Atlanta __ Hoschton

--

---- --

January 22, 1924.

I

May 18, April 6,

1925. 1925.

June 28, 1926.

December 2, HJ26.

December 9, 1926.

February 12, 1927.

February 15, 1927.

November 12, 1927.

December 31, 1827.

July 14, 1927.

Februr.ry 10, 1928.

September 11, 1928.

Pending.

Pending.

SeptGmber 4, 1929.

December 11, 1929.

June 2, 1930.

December 12, 1930.

December 12, 1930.

Januuy 26, 1931.

Jp,nuary 30 1931.

October 13, 1931.

December 11, 1931.

December 24, 1931.

December 31, 1931.

Jr.nU2.YY 1, 1932.

January 1, 1932.

February 2, 1932.
~I April 28, l!J32. Ms.y 11, 1932.

December 31, 1932.

JmJ.uary 2, 1933.

December 4, 1934.

February 26, 1934.

October 29, 1934.

December 21, 1934.

-I

November November

6, 6,

1935. 1935.

November 14, 1935. I December 12, 1935.

April 19, 1936.

Atlanta Meansville Tallapoosa Syca.more
Eton St. Marys

December 7, 1936. January 3, 1938. March 14, 1938. March 16, 1938.
October 11, 1938. December 27, 1938.

X

DEPARTMENT OF BANKING

BRANCH BANKS AS OF DECEMBER 31, 1938.

Exhibit K."

NAME OF BRANCH

LOCATION

NAME OF PARENT

LOCATION

Georgia Railroad Bk. & Tr. Co., 1111 Broad St._
Columbus Bk. & Trust Co., 14th Street
Columbus Bk. & Trust Co., North Highland
Columbus Bk. & Trust Co., Rankin House
Co~nelia Bank Greenville Bkg Co. Brunc,wick Bank & Trust Co.
Citizens Bank

Augusta_
Columbus
Columbus
Columbus Demorest_ Gay_ Jesup
Nr,hunt~,

Georgia Railroad Bank & Trust Co.
I Columbus Bank & Trust Co.
Columbus Bank & Trust Co.
i Columbus Bank & Trust Co.
' Cornelia Bank Greenville Banking Co.
I Brunswick Bank & Trust Oo.
Citizens B2,nk

Augusta.
Columbus.
Columbus.
Co1umbus Cornelia. Greenville. Brunswick. Folkston.

NINETEENTH ANNUAL REPORT
---~---------------
DISPOSITION OF BANKS IN GEORGIA DURING YEAR 1938.

XI Exhibit "L."

Banks in Operation Janua,ry 1, 1938 Banks in Operation December 31, 1938

2.31

231

""

Banks Entering Voluntary Liquidation Bank of Meansville, Meansville Citizens Bank, Tallapoosa Exchange Bank, Sycamore Bank of Eton, Eton Bank of Camden County, St. Marys

Decrease __

5

New Banks_
Pembroke State Bank, Pembroke Citizens Bank, Cuthbert Northwest Atlanta Bank, Atlanta Brice Banking Company, Vidalia Commercial State Bank, Donalsonville

Increase

5

XII

DEPARTMENT OF BANKING

~~-----~--

------~---------

Exhibit "M."

STATE BANK MEMBERS OF FEDERAL RESERVE SYSTEM.

Bank of Ad2-irsville Trust Company of Georgia Georgia Railroad Bank & Trust Co. Citizens Bank and Trust Co .. The Blackshear Bank_ Brunswick Bank and Trust Co. Bank of Canton _ Columbus Bank and Trust Co .. Merchants & Mechanics Bank" Northeastern Banking Co .. Brr.nd Banking Company~_ Farmers State Bank__ Bank of Millen_ Farmers Bank_ Farmers Bank of Pelham __ Citizens Bank and Trust Co ... Savannah Bank and Trust Co .. _ Bank of Soperton_ Central Bank__ The Bank of Tifton __

Adairsville Atlanta Augusta
Bainbridge Blackshe2.r Brunswick
.C2.nton Columbus _Columbus ____ Commerce ____ Lawrenceville ____ Lincolnton
Millen ____ Monroe
Pelham ____ Savannah
Savannah ______ Soperton ___________ _____ Swainsboro _____________________________ T i f t o n

NINETEENTH ANNUAL REPORT

XIII

------

Exhibit "N."

SMALL LOAN COMPANIES UNDER THE SUPERVISION OF THE SUPERINTENDENT OF BANKS DURING 1938.

NAME OF COMPANY
T.C.Adams Family Finance Company ____ Georgia Acceptance Company_ Georgia Finance, Inc. ___ Industrial Finance Corp _____ Master Loan Service, Inc._ United Small Loan Corp ___ A. J. Wood. __ Georgia Motor Finance Company __

Location

Date License Issued

Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Brunswick Macon

1-5-38 1-3-38 1-7-38 7-14-38 1-3-38 1-3-38 1-6-38 1-21-38 1 4-38

XIV

DEPARTMENT OF BANKING

Exhibit "0."

NAME

CREDIT UNIONS AS OF DECEMBER 31, 1938.

Alba.ny Federal Emp!o~ees' Credit Union
The Herald Credit Union Keenan Credit Union Alma Exchange Credit Union Athens Division Credit Union
Athens Firemen's Credit Union Athens Postal Credit Union The Acco Credit Union J.P. Allen Employees' Credit Union Apaco Credit Union _
Armour Atlanta Credit Union _ Armour Fertilizer Works Credit Union
Arrow Credit Union A. B. & A. RailwLy Credit Union Atlt.nta City Employees' Credit Union_
Atlr.ntr, Firemen's Credit Union Atlanta Journal Employees' Credit Union AWmtc. Postal Credit Union At]anta Railway Postal Clerks Credit Union Atlr,nta Savings Stores Credit Union
At1.anta Te2.chers' Associ2.tion Credit Union Atl2.nta Telco Credit Union Atlanta Terminal Employees' Credit Union
Atlr.ntic Steel Credit Union B. A. E. Credit Union_ Beck & Gregg Hardwr.re Employees' Credit Union Ben Franklin Credit Union Circle "W" Credit Union_ The Federal Employees' Credit Union_
Fulton Teachers' Credit Union Gener2J Shoe Credit A~socia.tion
Genuine Parts Credit Union Georgia Le2.gue Credit Union Georgia Standard Oil Employees' Credit Union Ga.-W. P. Gener2J Credit Union_ Genrgian-American Credit Union J. M. Harrison Employees' Credit Union
The Harry Sommers Credit Union H2.rtford Credit Union_ Kraft-Phenix Employees' Credit Union L. & R. Employees' Credit Union lodge No.1 (I. A. of M.) Credit Union__
Merchants Mutual Credit Corp. Mutual Benefit Credit Union Mutu?,l Savings Credit Union The Pul1m2.n Shop Employees' Credit Union_ R. E. A. Employees' Credit Union_ Rich's Employees' Credit Union Rogers Credit Union_
Se2.board Employees' Credit Union Southern Freight Tariff Bure::m Credit Union Southern Spring Bed Credit Union_ Swift Atla.nta Employees' Credit Union
The Thrift Credit Union Underwriters' Credit Union_ United Automobile Workers' of Atlanta Credit Union University Center Credit Union __
Western & Atlantic Credit Union

Location
Albany Albany .Albany
Alma Athens Athens Athens Atlanta Atlanta Atlanta Atlanta - Atlanta _Atlanta Atlanta Atlanta Atlanta _Atlanta _Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta _ Atlanta Atlanta Atlanta Atlanta Atlanta Atlanta __ Atlanta Atlanta Atlanta Atlanta At1anta __ Atlanta Atla.nta Atlanta _ Atl_anta
Atlanta Atlanta Atl.anta At1.anta At'.anta At1anta Atlanta Atlanta Atlanta __ Atlanta _ Atl_anta Atlanta _Atlanta Atlanta Atlanta Atlanta ___ Atlanta
Atlanta Atlanta

NINETEENTH ANNUAL REPORT

NAME

White Provision Employees' Credit Union __ _

Wofford Credit Union__ _ _ _

_ __

J. Will Yon Hotel Employees' Credit Union

Augusta Federal Employees' Credit Union

Augusta Fire Department Credit Union_

,Augusta Police Department Credit Union_

Georgia Railroad Credit Union_

King Mill Credit Union_

ColUmbus Postal Employees' Credit Union

Federal Employees' Credit Union

Hapgrade Credit Union _ _

The Citizens Credit Union_

swift Moultrie Employees' Credit Union

sumter County Teachers' Credit Union _

FloYd County Postal Employees' Credit Union

central Employees' Credit Union

Chatha.m County Teachers' Association Credit Union_

savanm\h & Atlanta Railway Employees' Credit Union

savsnnah E'ederal Credit Union

Sannnah Telco Credit Union

Seaboard Employees' Credit Union

Trainmen's Credit Union __ _

Silvertown Credit Union __

Tift County Postal Employees' Credit Union

Postal Credit Union_

Credit Union Approved for Volunta.ry Liquidation: State Employees' Credit Union, Atlanta.

XV
Location
Atlanta Atlanta Atlanta Augusta Augusta Augusta Augusta Augusta Columbus __ Macon
Macon Morven Moultrie Plains
Rome Savannah Savannah Savannah __ Savannah __ Savannah Savannah Sava.nnah Thomaston
Tifton Valdosta

XVI

DEPARTMENT OF BANKING

Exhibit "P ."
ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS IN GEORGIA AS OF DECEMBER 31, 1938.

(With Comparative Statement as of December 31, 1937 .)

RESOURCES:

231 Banks and 231 Banks 2.nd 8 Branches as 8 Br~nches as of Dec. 31, 1938. of Dec. 31, 1937.

Loans and Discounts

$75,525,807.02

State of Georgia and Municipal Bonds owned

4,695,512.07

U. S. Government Securities owned __

14,376,338.54

Other Stocks and Bonds owned __

7,745,818.53

B2,nking House and Lot_

4,309,087.33

Furniture and Fixtures

540,592.49

Other Real Est~te owned __

4,726,092.54

C::csh in Vault and Amount due from approved

Reserve Agents

54,105,876.68

Checks for Clearing and Due from other Banks __ 3,210,652.03

Cash Items

113,424.11

Overdrafts_

54,550.27

Advance on Cotton and other Commodities_

3, 980,343.18

Customers Liability on Letters of Credit and

Acceptances

85,115.17

Other Resources

824,057.76

$ 73,870,632.86 3 '080' 431.50 14' 674' 165.07 8,580,369.23 4,565,714.01 626,630.98 5 '078, 270.44
43,342,813.20 1 ,458,150.72 157,259.20 55' 190.89 4' 985 ,478. 77
71,168.20 528,403.50

TOTAL

______ $174,293,267.72 $161,074,678.57

LIABILITIES:

Capital Stock_

_$ 13,957,000.00

Capital Notes

1,878,100.00

Surplus Fund

8,824,190.81

Undivided Profits _

3,209,797.71

Reserve Funds __

1,570,746.75

Due to Banks

12,461,717.67

Dividends Unpaid

206,267.99

C::cshier's Checks_

950,108.66

Certified Checks __

140,533.09

DE-mand Deposits

82,596,496.83

Time Certificates of Deposits

ll, 788,697.96

S2.vings Deposits

35,347,611. 68

Letters of Credit and Acceptances executed for

Customers

81,402.28

Bills Payable __

285,056.02

Notes and Bills Rediscounted __

23,500.00

Other Liabilities

972,040.27

$ 13,877,000.00 2,088,050.00 8,111,147.07 2,947 ,925. 74 1, 702,550.29 11 , 005, 707. 7l 463,254.47 520,159.87 53,748.44 7l, 806,396.61 ll, 767,820.64 34,596,442.67
71,168.20 551,826.40 396,086.94 1, 115,393.52

TOTAL

___ $174,293,267.72 $161,074,678.57

NINETEENTH ANNUAL REPORT

1

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF ACWORTH Acworth, Ga.

As called for by the Superintendent of Banks.

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

J. H. HARBISON, Cashier.
Began Business: 12-19-1905

RESOURCES: -----r.oans and Discounts___________________ $

state of Georgia and Municipal

UB.so.nGdso

owned___ vernment

--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

otherBanks- -------------------

g~~~J{;fr,;'_--~::- :~ :::::::::::------------

Advance on Cotton and other Com-

modities------------------------------customers Liability on Letters of

Credit and Acceptances Profit and Loss ________ ----------------Other Resources _____ _

65,157.79
5.171.29 10,600.00
None 2,000.00 1. 751.21 14.574.53
62.919.45
1.215.81 None 430.28
None
None None None

LIABILITIES:

CCaappiittaall NSototecsk__-_-_--_------_-_-_-_-_-_-_-__-_-____ _ _$

Surplus Fund. ---------------------

Undivided Profits __

Reserve Funds -----------------------

Due to Banks..

Dividends Unpaid

Cashier's Checks

Certified Checks

DemandDeposits___

__

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 None
5,000.00 3,677 .fi7
466.24 None 750.00 !03.22 None 73.980.82 54,842.41 None
None None None None

TotaL-_----- --- --_ _ _ _ _-_-_--_-_--_-__$_1_63_._82_o_.3_6____T_o_ta_l_--_-__________-_-_--_-_ _ _-_-_-___-________-________$_1_63_._82_0_.3_6

STATEMENT Showing condition at the close of Business December 31, 1938, 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.
Began Business: 1-1-1907

RESOURCES:

LIABILITIES:

Loans and Discounts_

______ $ 70,238.55

Capital Stock

State of Georgia and Municipal Bonds owned ____________________ ------

None

Capital Notes Surplus Fund.

U.S. Government Securities owned ..

None Undivided Profits.

Other Stocks and Bonds owned

None

Banking House and Lot ____ ----------- 2,500.00

Reserve Funds Due to Banks ___ _

Furniture and Fixtures_ Other Real Estate owned _____________ _ Cash in Vault and Amount due from
approved Reserve Agents...

2,165.00 12,612.'15
45,946.32

Dividends Unpaid

__

Cashier's Checks __ -----------

Certified Checks----

__________ _

Demand Deposits ___________________ _

Checks for Clearing and Due from

Time Certificates of Deposits..

other Banks---- ________ ---Cash Items _________________ ---

2,197.41 None

Savings Deposits .. Letters of Credit and Acceptances

Overdrafts.. _____ -- ___ -------------------

223.31

executed for Customers -------------

Advance on Cotton and other Com-

Bills Payable ____ ----------------------

modities ___ -- ----------------------Customers Liability on Letters of

772.05

NOothteesr aLnidabBiliiltliseRs _e_d_i_s__c_o_u__n_t_e_d__-_-_-_-_-_-_-_--_

Credit and Acceptances_____________

None

Profit and Loss_____________

None

Other Resources________________________

236.88

-----

TotaL __ -------------------------------$ 136,892.27

TotaL---________________

__$

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

20,000.00 1-5,000.00
None 4.551.43
None None None 130.45 None
5:l.~02.0l
.?9 ,509.26 13,899.12
None None None None
136,892.27

2

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF ADAIRSVILLE Adairsville, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

Loans and Discounts. __ ___

__ .. $

State of Georgia and 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

CaosthheItreBmasn.ks ......... . ______________ _

Overdrafts. ________________ ........... .

Advance on Cotton and other Com-

modities .... ------------

----

Customers Liability on Letters of

Credit and Acceptances... _

Profit and Loss... .

Other Resources ... _.

61.765.57 4.000.00
None 900.00 3,000.00 1.200.00 None 106,485.73
7.32 None None None None None 196.96

TotaL.

. ..... $ 177.555.58

LIABILITIES:

~

Capital Stock- ............. Capital Notes ..... .

-- .

Surplus Fund ...... .

Undivided Profits... Reserve Funds. __ _ Due to Banks....... .

DCaivsihdieenr'dssCUhnecpkasid__._._.______________ _

Certified Checks_

............ _

Demand Deposits_ .... _______ -

Time Certificates of Deposits.. _____ _

Savings Deposits..................... __

Letters of Credit and Acceptance

~
. $ 25.ooo.oo

None 5.000.00 4.370.79

None None 152.00 216.29

None 114.414.20

_ s

13.648.41 14. 753.Bt

executed for Customers

Bills Payable .... ____

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

Notes and Bills Rediscounted ...... __ _

Other Liabilities....---------- ..........

None None None None

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

-----
--------$ 177,555.51

STATEMENT Showing condition at the close of Business December 31, 1938, 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:

LIABILITIES:

Loans and Discounts........-::~.. $43,896~08--Capital Stock-------------------:--::-::-:--::$-25-;-o~

State of Georgia and MuniciPal Bonds owned...

None

Capital Notes---------- ------------sun1lus Fund.....

Nona 5.000.00

U.S. Government Securities owned... 22,500.00

Other Stocks and Bonds owned.______

None

Banking House and Lot. .. _____________ 1,620.00

Undivided Profits Reserve Funds Due to Banks.....

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

6.186.70 765.84 Nona

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

450.00 None

Dividends Unpaid. Cashier's Checks...

2.000.00 419.3e

Cash in Vault and Amount due from

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

Nona

approved Reserve Agents.......

231,677.03

Demand Deposits....

219.6R2.51

Checks for Clearing e1nd Due from

otherBanks......

_____________

140.01

Time Certificates of Deposits....

SavingsDeposits

....

41.268.18 None

Cash Items.

____________

Overdrafts

___________

Advance on Cotton and other Com-

mod1t1es ........ ______________________

Customers Liability on Letters of

Credit and Acceptances______________

Profit and Loss__________________________

39.45 None None None None

Letters of Credit and Acceptances

executed for Customers ...

Bills Payable.---

__ _

Notes and Bills Rediscounted

Other Liabilities......

None None NonE NonE

Other Resources. _____ -----------

None

TotaL.. _____ --------. ___ .--- __ ---------.$ 300.322.57

TotaL--.--------------

_____ $ 300,322.51

NINETEENTH ANNUAL REPORT

3

STATEMENT Showing condition at the close of Business December 31, 1938, of the

MONTGOMERY COUNTY BANK Ailey, Ga.

As called for by the Superintendent of Banks.

W. J. PETERSON,

MISS MARY SMITH,

President.

Cashier.

Date of Charter: 2-24-1926

Began Business: 3-1-1926

RESOURCES:

Loans and Discounts _________________ $
state of Georgia and Municipal Bonds owned ____ -------------
U.s. Government Securities owned __ _ Other Stocks and Bonds owned. _____ _ Banking House and Lot_ _____ _ FUrniture and Fixtures. ______________ _ Other Real Estate owned ____________ _ cash in Vault and Amount due from
at>Proved Reserve Agents ____________ _ Checks for Clearing and Due from
other Banks ________ ------------
g~~~JJ:ft;_-~~::::::::::::::::::::: _____ _
Advance on Cotton and other Commodities----------.-.--.---.- ___ - __ ----
Customers Liability on Letters of Credit and Acceptances_____________ _
Profit and Loss ______________ ----------Other Resources____ __________ _

42.472.20 None
5,250.00 None None 1.00 1.00
71,058.41 None None 9.45
6,164.84 None None None

TotaL.. ------------

____ $ 124,956.90

LIABILITIES:
Capital Stock.--------------------------$ Capital Notes--------------------------Surplus Fund ----------- - - - - - - Undivided Profits.. - - -- -- - -- - - Reserve Funds _____ ------------ DD iuvei dt oe nBdasnUkns .p. .a.i.d-_._._-_-__-_-_ _-_-_-__-_ -__-_- - --- ---Cashier's Checks... _____ ---.-.------.--DC eermt iaf inedd DCehpeocskist s___________-_-_-__- _-_-_-_-_-_-_-_-_-_-_-_- -_ 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 Non"
5.000.00 1.025.00
None None 775.00 None None 95,537.28 7,619.62 None
None None None None

TotaL._ ______________________ $ 124.956.90

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF ALAPAHA Alapaha, Ga.

As called for by the Superintendent of Banks.

W. M. GASKINS,

J. P. CULPEPPER,

President. Date of Charter: 3-4-1905

Cashier. Began Business: 3-25-1905

RESOURCES:

Loans and Discounts_ . __ . ______ $ !15,441.04

State of Georgia and Municipal

Bondsowned __________ --- ----

None

U.S. Government Securities owned .. . 12,533.75

Other Stocks and Bonds owned ...... . Banking House and Lot_ ______________ _ Furniture and Fixtures. ______________ _ Other Real Estate owned _____________ _

None 3,125.00 1.000.00
None

Cash in Vault and Amount due from

approved Reserve Agents_____________ 144,684.28

Checks for Clearing and Due from

g~o~dt~hte;rirBi_an_ks~ . -:-----:-~:-:-:-:-:-:-:-:-:-:-----_-:--:

None 129.34 None

Amdvoadnciteieso.n.. C_o_ t__to__n__ a__n_d_ __o_t_her _C__o_m_- 8,710.62

Customers Liability on Letters of

PrCredit and Acceptances_. __________ _ ofit and Loss _______________________ _
0 ther Resources _______ _

None None None

TotaL_____ _ __ _ _ _ _ _ _ _ _ _ _ _ $ 285,654.03

LIABILITIES:

Capital Stock---- - - - - - - - - - - .. $ 30,000.00

Capital NoteS---------------- - - - - -

None

SUunrdpilvuisdeFduPnrdof_its- _-__-__-___-__-__-_-_-_-_-_-_-_--_---

15,000.00 14,161.64

DReuseertoveBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_------------

5,592.67 None

Dividends Unpaid ... -----------------

None

Cashier's Checks... --------------------Certified Checks--- __ --------------- .. --

1,378.10 None

Demand Deposits .... ------------------- 138,818.96

Time Certificates of DepositS---------- 80,702.66

Savings Deposits __________ -------------

None

Letters of Credit and Acceptances

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

None

Bills Payable... ----------------------Notes and Bills Rediscounted--------Other LiabilitieS------------------------

None None None

TotaL.________________________________ . $ 285,654.03

4

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

ALBANY TRUST & BANKING COMPANY Albany, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

Loans and Discounts..

--------$

State of Georgia and 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 Banl{S -- ......... - ... .

Cash Items. _____ ..... -- .. _

Overdrafts __ ---

-- ...

Advance on Cotton and other Commodities-- ____ -.-------- ____ .. __ --
Customers Liability on Letters of Credit and Acceptances.. __

POrtohfeitr aRnedsoLuorscse.s-.-_-_-_-_-_-_-_-_-_-_-_-_--_

462.051.38 None
10,000.00 None
23,723.28 6.'):1.45
14,450.00 44,631.64
None None None None None None None

TotaL ________________________ .. --------$ 555,509.75

LIABILITIES:

Capital Stock_____ Capital Notes ____ _

_..$ 1c070,.05o0o0o0o0

Surplus Fund .... _

2o.ooo:oo

Undivided Profits .. . Reserve Funds ___ __ Due to Banks ______ _ Dividends Unpaid._

17,699.00 131,430.05
None 4,000.00

Cashier's Checks..... Certified Checks---_.--_-. Demand Deposits .. _______________ _ Time Certificates of Deposits___ __ Savings Deposits ______ -------- __

None None None 78,800.00 166,080.70

LetteYs of Credit and Acceptances

executed for Customers __ __

BillsPayable.....

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

Notes and Bills Rediscounted

Other Liabilities.. ........ _ .... _______ _

None None None None

--~--
TotaL.. ------------- --------- .. --------$ 555,509.7

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF COMMERCE Americus, Ga.

As called for by the Superintendent of Banks.

CHARLES F. CRISP, Prseident.
Date of Charter: 10-13-1891

H. P. ANDERSON, Cashier.
Began Business: 1-2-1892

RESOURCES:

Loans and Discounts.. __ -- ____ .-- __ ---- $1,017,629.39

State of Georgia and Municipal

Bonds owned. ____ -------------- .. __ __ 101.243.36

U. S. Government Securities owned... 161,084.00

Other Stocks and Bonds owned _____ __ 114,586.96

Banking House and Lot ________________ \ Furniture and Fixtures ________________ J

15,000.00

Other Real Estate owned .. ___________ _ 14,953.37

Cash in Vault and Amount due from

approved Reserve Agents..

594,651.26

Checks for Clearing and Due from other Banks___________________________ 33,687.72

COavsehrdIrtaefmtss..-_-_-_-_-_---_-_-_-_-_-_-_-_-_-_-_-_-_-_-_------_-__-_-----

33..3060

Admvoadnicteieso-n- __C__o_t_t_o_n___a-n__d__ o- _t_h_e__r- _C_ o_m- 5,424.70

Customers Liability on Letters of Credit and Acceptances.. ___________ _
Profit and Loss ________________________ __ Other Resources __________ --_---- ______ -

None None None

TotaL... --- __________ ------- ____ ---- __ ..$2 ,058,267.12

LIABILITIES:

CaPital Stock _____ ........ ____ ......... $ 65,000.00

SCuarPpiltuals NFuonteds._-__-......_._._.__-_-_--_-_-__._._._._._._._..__.

None 200,000.00

Undivided Profits ____________ .. ___ .. 122,161.78

Reserve Funds. _____________________ __

None

Due to Banks. _________________________ __

None

CDaivshidieern'ds sCUhencpkasi.d.-.-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_--_

None 1.426.91

Certified Checks ______________________ _

50.00

Demand Deposits _____________________ __ 986,137.16

Time Certificates of Deposits________ .. 201,377.77

Savings Deposits...... _ ........ _______ _ 482.113.50

Letters of Credit and Acceptances

B ielxl sePc uatyeadbfloer. .C. .u. s_t_o__m__e_r_s_.__.__-_-_-_-_-_-_-_-_- -_-_

None None

Notes and Bills Rediscounted .... ___ __

None

Other Liabilities _______________________ _

None

TotaL..... ____ .. __ .. __________________ .$2, 058,267.12

NINETEENTH ANNUAL REPORT

5

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK OF AMERICUS Americus, Ga.

As called for by the Superintendent of Banks.

LEE HUDSON, President.
Date of Charter: 2-20-1937

EVAN MATHIS, Cashier.
Began Business: 3-25-1937

RESOURCES:

Loans and Discounts___________________ $ 406,505.53

stBatoendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l

None

u.s. Government Securities owned...

None

Other Stocks and Bonds owned ______ _ Banking House and Lot _______________ _

None None

OFuthrneritRuerealaEndstaFtiextouwrense-d--_-_-_-_-_-__-_-_-_-_-_-_--_

2. 738.91 None

cash in Vault and Amount due from

approved Reserve Agents________ ... - 50,805.52

Checks for Clearing and Due fro,m

other Banks ........... ----------- ___ _ 1,961.96

g~~~fi:f~;_.-.-::.-:.-::::::::::::::::::::::

184.68 111.07

Advance on Cotton and other Com-

modities --------- - - - - - - - ----

None

customers Liability on Letters of

PrCofrietdaint adnLdoAssc..c..e_p__ta__n_c_e__S_-_-_-_-_-_-_-_-_-_-_-__-_ Other Resources _______________________ _

None None 2,292.74

Total.--------------------------------- .. $ 464,600.41

LIABILITIES:

Capital Stock.-------------------------$ 50,000.00

Capital Notes_--------------------------

None

Surplus Fund--------------------------Undivided Profits ___ ----------- ________ _

10,000.00 6,766.12

Reserve Funds--------------------------

None

Due to Banks----------------------------

None

DCaivsihdieenr'dssCUhnecpkasid. _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_ Certified Checks. ______________________ _

None 726.55 None

Demand Deposits ...... ----------------- 296,142.43

Time Certificates of Deposits.. -_

20,353.16

Savings Deposits................ ______ .. 30,312.15

Letters of Credit and Acceptances

executed for Customers _____________ _

None

Bills Payable ___ ------------------------Notes and Bills Rediscounted ________ _ Other Liabilities _______________________ _

50,000.00 None None

TotaL __

- - - -- - .. $ 464,600.41

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BOSTWICK BANKING COMPANY Arlington, Ga.

As called for by the Superintendent of Banks.

W. E. BOSTWICK, JR., PrElsident.
Date of Charter: 8-27-1935

CARL CLEMENTS, Cashier.
Began Business: 3-1-1936

RESOURCES:

Loans and Discounts.. __ .. _____ .. _.- .. $ State of Georgia and Municipal
Bonds owned..... --------------- U.S. Government Securities owned ... BOathnekrinSgtoHckosusaenadnBdoLnodts_o__w__n_e__d_-_-_-_-__-_--_
Furniture and Fixtures---------------Other Real Estate owned.------------Cash in Vault and Amount due from
o~~~i~v{6i R6r:~;&~g~~3'-nl.i8--from
other Banks __________________________ _
Cash Items__________ -------------------Overdrafts _____________ -----------------Advance on Cotton and other Com-
O~~~!i;~i~--.Liabiiit:Y--oii-Tetters--of

65,290.25
1,164.61 5,064.28
None 2,150.00 2,200.00
None
16,236.60
1,378. 7l 374.21 858.11
61,065.78

T~~oC'thra~eL~d:_ik_t~_a_~n_~_~d_~_sA_e_sc_:c_:_e:_p:_:t_a:_:n_:_c:_e:_s_:_.:._:._:._:._:._:._:._:_-__:_-__:_-_.-$ 1-55,7NNN-8ooo2.nnn5-eee5

LIABILITIES:

Capital Stock. _________________________$ 15,000.00

Capital Notes. -------------------------

None

Surplus Fund--------------------------- 3,000.00

Undivided Profits.. ----------------- __ _

None

Reserve Funds-------------------------- 3,889.06

Due to Banks.------------------- ____ -

None

DCaivsihdieenr'dssCUhencpkasid__-_-_-_-_-_-_-_-_-_-_-_-__-_--.-_-_-_-_-_-_-_ Certified Checks. ______________________ _ Demand Deposits ______________________ _

900.00 None None 112,293.49

Time Certificates of Deposits_________ _ Savings Deposits .... ___________________ _

5,000.00 700.00

Letters of Credit and Acceptances

executed for Customers _____________ _

None

Bills Payable..-------------------------Notes and Bills Rediscounted _______ _ Other Liabilities _____ ----- _____________ _

5.000.00 10,000.00
None

TotaL... ------------------ - - .. - .... $ 155,782.55

6

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

ASHBURN BANK Ashburn, Ga.

As called for by the Superintendent of Banks.

C. E. THRASHER, President.
Date of Charter: 7-3-1900

R. H. GREEN, Cashier.
Began Business: 7-1900

RESOURCES:

Loans and Discounts____ --_ ---------$ 291,520.96

StBaotendsoof wnGeedo.r.g. _ia____a_n__d____M__u__n_i_c_i_p__a_l

None

U. S. Government Securities owned __ _ 33,825.00

BOathnekrinSgtoHckosusaenadnBdoLnodts_o__w__n_e__d_-_-_-_-__-_--_

None None

Furniture and Fixtures----------- ---- 1,857.22

Other Real Estate owned-------------- 7,900.00

Cash in Vault and Amount due from approved Reserve Agents ____________ _ 107,486.93

Choetchi{eSr BfoarnkCs _le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items ______________________________ _ Overdrafts______________________________ _

640.52 None None

Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d__o__t_h_e__r__C__o_m_ -_ 7,316.98

Customers Liability on Letters of Credit and Acceptances_____________ _
Profit and Loss_________________________ _

None None

Other Resources------------------------

57.08

TotaL __ -- ___________ -- __________________ $ 450,604.69

LIABILITIES:

Capital Stock

------------------.$

Capital Notes --------------------------

2-5--,-0-0--0--.0--0--
10,000 00

Surplus Fund. ------------------------Undivided Profits _____ ---- ___ ----------Reserve Funds. ______________ ----------

25,ooo:oo 49,376.91 0,272.82

Due to Banko------------------------- Dividends Unpaid---------------------Cashier's Checks ____ -------------------CDeermt iaf inedd DCehpeocskist s___-_-_-_-_-_-_-_-_-_-_-__- _-_-_-_-_-_-_-_-_- -_

None None 435.70 None 251,349.98

Time Certificates of DepositS---------- 20,243.39

Savings Deposits ___ --- - -- - -- --- - -Letters of Credit and Acceptances

72,925.89

executed for Customers-----------Bills Payable... ______ ------ - ---------Notes and Bills Rediscounted--------Other Liabilities ______ -----------------

None None None None

TotaL-------------------- -------------- $450,604.69

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE CITIZENS BANK OF ASHBURN Ashburn, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

Loans and Discounts___________________ $ 62,922.47

State of Georgia and Municipal

Bonds owned... _____________ ----------

None

U.S. Government Securities owned... 11,700.00

Other Stocks and Bonds owned ______ _ 7,000.00

FBuarnnkiitnugreHaonudseFainxtduLreost_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

10,000.00 2,500.00

Other Real Estate owned----------- __ 2,065.65

Cash in Vault and Amount due from

approved Reserve Agents------------- 214,695.67

Checks for Clearing and Due from

other Banks _______ ------------ _______ _ 1,457.30

COavsehrdIrteamftss_____________.___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

361.62 None

Admvoadnicteieso_n____C__o_tt. o__n__a__n_d___o_t_h__e_r__C__o_m_ _-

None

PCruCosfrtieotdmainteradsnLdLoAsisac_bc_i_el_pi_tt_ya_n__co_e_ns_____L____e__t__t__e__r__s______o__ f__

None None

Other Resources---------------- _______ _

None

TotaL _________________________ $ 312,702.71

LIABILITIES:

Capital Stock---------------------------$ 25.000.00

Capital Notes.-------------------------USunrdpilvuids eFduPnrdo.f.i.ts-_-_-_-_-_-_-_-_-_-_-_-------------------------

None 30,000.00 22,755.00

Reserve Funds-------------------------Due to Banks---------------------------Dividends Unpaid ________ -------------Cashier's Checks... ___________ ---------CDeermtiafineddDCehpeocskists--_-_-_-_-_-_-_-_-______-_-_-_-_-_-_-_-_-_--_-

1,650.00 None None 243.46 592.00
150,677.70

Time Certificates of DepositS---------- 23,956.19 Savings Deposits ________________ -------- 57,828.36

Letters of Credit and Acceptances BielxlsePcuatyeadbfloer__C__u_s_t_o_m__e_r_s_._-_----------_-__-_-----

None None

Notes and Bills Rediscounted _____ ---Other Liabilities ________ --- ____ ---------

None None

TotaL___________________________________ $312,702.71

NINETEENTH ANNUAL REPORT

7

STATEMENT Showing condition at the close of Business December 31, 1938, of the

AMERICAN SAVINGS BANK Atlanta, Ga.

As called for by the Superintandent of Banks.

J. G. ST. ARMAND,
President. Date of Charter: 12-27-1886

EUGE::-.rE G. WEBB, Cashier.
Began Business: 1887

RESOURCES:

~dDiscount;~-~--~715,008.85

state of Georgia and Municipal

uB.so.nGd so voewrnnemde.n. .t.S. .e.c-u. .r.i t.i.e.s.

......... . owned .. .

Other Stocks and Bonds owned .. __ .. .

Banking House and Lot. .... .

furniture and Fixtures __ ... .. . .. .

other Real Estate owned ....... __ .... .

Cash in Vault and Amount due from

approved Reserve Agents

Checks for Clearing and Due from

other Banks

cash Items..

overdrafts.. . ........... .

Advance on Cotton and other Com-

modities.. . ..... -.-.

customers LiabilitY on Letters of

PrCorfietdaitnadnLdoAssc_c__e_p_t_a__n_c_e__s_._-_-_-_--_----

Other Resources----------------

None 235,H73.11
None 133,119.20
2,700.00 71.253.81 61,816 .87 2,867.18
156.10 None None None None 5,112.85

TotaL.. ---------

$1,227,938.00

LIABILITIES:

Capital Stock

.... $ 200,000.00

Capital Notes

None

Survlus Fund

100,000.00

Undivided Profits..

7,352.59

Reserve Funds.

ii,OOO.OO

Due to Banks....

None

Dividends UnPaid.-------------

None

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

None

Celtified Checks.

None

Demand Deposits .. ---------------

None

Time Certificates of Deposits....

15l.G5:uo

Savings Deposits...... ----------- _____ _ 515,836.85

Letters of Credit and Acceptances

executed for Customers ...... ..

None

Bills PaYable. ___ -----------

90,000.00

Notes and Bills Rediscounted ..

None

Other Liabilities..

151,096.46

TotaL.

-..$1,227. 938.00
-----------

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS TRUST COMPANY Atlanta, Ga.

As called for by the Superintendent of Banks.

L. D. MILTON,

JOHN F. COOK,

President.

Cashier.

Date of Charter: 7-16-1921

Began Business: 8-16-1921

=================================

RESOURCES:

LIABILITIES:

Loans and Discounts.... ---- ........ $ 206,642.29

State of Georgia and Municipal

Bonds owned .. __ ----------------- ____ _

None

U.S. GovernmEnt Securities owned... 61,337.74

Other Stocks and Bonds owned- _____ _ 134,456.48

Banking House and Lot _______________ _

None

Furniture and Fixtures.--------------- 14,539.00

Other Real Estate owned-------------- 20.940.75

Cash in Vault and Amount due from

approved Reserve Agents _______ .. ___ _ 70.096.36

Cohethckesr BfoarnkCs .l.e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_

None

Cash Items __________ --- .. __ ...... --______

None

Overdrafts .. _... _____ .. ______ -------_____

None

Advance on Cotton and other Commodities ______________ ----------- _ _

None

Customers Liability on Letters of Credit and Acceptances- .. __ - -....
Profit and Loss ___ .. --- __ .......... ______

None None

Other Resources---------------------___ 3. 799.43

TotaL.- .. __________________ .. __________ .. -$~51_1...8_1__2_.--0-5

Capital Stock _____ .. __________________ .. $ Capital Notes _________________________ __ SurpI us Fund _____ .. _. _________________ . Undivided Profits ______________________ _ Reserve Funds ________________________ __ Due to Banks...... ____________________ __ Dividends Unpaid _____ .. ______________ _

50,000.00 24.500.00 8,000.00 1,327.97 4.328.34
None None

Cashier's Checks.. ---------------------. 2,560.17

Certified Checks .. -- ___ ...... _ Demand Deposits _____________ .. ______ __

1.152.13 252.603.74

Time Certificates of Deposits........ .. 15.105.42

Savings Deposits.......... __ .. ____ .... __ 152,234.28

Letters of Credit and Acceptances

executed for Customers. ____________ _ Bills Payable....... ___ . _______________ __

None None

ONothteesr aLniadbBiliiltliseRs_e_d__i_s_c_o__u_n__t_e_d___________________

None None

TotaL...... ----------- __ ... ____________ $ 511,812.05

8

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, 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:

LIABILITIES:

Loans and Discounts ________________ $ 322,317.41

St:aBtoendsoof wGneedo.r-gi_a___a__n_d____M__u_n__ic__iP__a_l 22,850.00

tJ. S. Government Securities owned __ _ 7,100.00

Other Stocks and Bonds owned ______ _ 3,000.00

Banking House and Lot. .. ___________ _ 9,838.34

](urniture and Fixtures -------------- 4.(i62 .47

()tl1er Real Estate owned ____________ _ 2,699.82

Cash !n Vault and Amount due from

approved Reserve Agents ____________ _ 217.851.10

Choethckesr BfaonrksC_l_e_aring an__d___D__u__e__f_r_o__m_ 8.248.18

Cash Items------ __

224.84

Overdrafts________ ___

_

None

Amdvoadnicteieso_n___C__o__tt_o__n__a__n_d___o_t_h__e_r__C__o_m_ -_

None

Customers Liability on Letters of

Credit and Acceptances.. _

None

Profit and Loss ______________ _

None

Other Resources

None

--------- Capital Stock______

_$

Capital Notes _____ _

Surplus Fund

Undivided Profits __ _

Reserve Funds_---Due to Banks ____ _

Dividends Unpaid Cashin's Chrcks___ _

Certified Checks __ _ Demand Deposits ______ _

Time Cntificates of Deposits.. __ _

Savings Deposits___ __ __

____ _

25,000.00 14,700.00 10.000.00
657.64 5,647.50
1.oNooo.noeo
4.286.90 None
304,066.59 12.867.05 250,566.48

Letters of Credit and Acceptances

executed for Customers _________ _

Bills Payable__

_________________ _

Notes and Bills Rediscounted ______ _ Other Liabilities _______________ _

None None None None

TotaL------

... $ 628.792.16

TotaL-----

STATEMENT Showing condition at the close of Business December 31, 1938, of the

GEORGIA SAVINGS BANK & TRUST CO. Atlanta, Ga.

As called for by the Superintendent of Banks.

GEORGE M. BROWN, President.

C. P. HUNTER, Cashier.

Date of Charter: 10-26-1889

Began Business: 9-l-1899

RESOURCES:

Loans and Discounts_____________ - -- _ $1.400,291.57

State of Georgia and Municipal

Bonds owned---

---

None

U.S, Government Securities owned___ 191,000.00

Other Stocks and Bonds owned _______ 2,689,864.16

Banking Honse and Lot--------

405,916.33

Furniture and Fixtures_-----------Other Real Estate owned.___________

4,159.46 256,476.80

Cash in Vault and Amount due from approved Reserve Agents ___________ _ 203,449.10

Checks for Clearing and Due from

CaosthheItreBmasn_k__s_.__-_-_-_-_-_-_-_-_-_-_-_-_-_-_______ -- __

OverdraftS--- . __

__ -- _______ _

20,950.67 None None

Advance on Cotton and other Com-

modities ... __ --

---

None

Customers Liability on Letters of Credit and Acceptances. ____________ _

None

POrtohfeitr aRnedsoLuorscSe-s-.-_-_-_-_-_-_-_-_-_-_-_-_-_-----------

None None

TotaL ___________________________________$5.172.108.09

LIABILITIES:

Capital Stock------------------ ________ $ 500.000.00

Capital Notes ______ -------------------- 490.000.00 Surplus Fund___________________________ 100.000.00 Undivided Profits.______________________ 49.802.56

Reserve Funds_------------------------- 158,196.00

Due to Banks____________________________

None

Dividends Unpaid______________________

38.00

Cashier's Checks________________________

None

Certified Checks __________ -------------Demand Deposits ___ __________ __ __ __ __

None None

Time Certificates of Deposits.. ________ 416.116.20 Savings Deposits ________________________ 3,230,245.51

Letters of Credit and Acceptances executed for Customers- ___ -- ____ -- __
Bills Payable... ___________ -- __ -- ____ ---Notes and Bills Rediscounted ________ _ Other Liabilities ____________________ ----

None None None 227 '709.82

Total _____________________________________ $5,172,108.09

NINETEENTH ANNUAL REPORT

9

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE MORRIS PLAN BANK OF GEORGIA Atlanta, Ga.

As called for by the Superintendent of Banks.

GEORGE WINSHIP,

C. T. GREER,

President.

Vice Pres. & Cashier.

Date of Charter: 11-27-1933

Began Business: 12-5-1933

====================================

RESOURCES:

LIABILITIES:

Loans and Discounts .

. $1,537,957.18

State of Georgia and Municipal

UB.so.nGdsovoewrnnemden- t

-Securities

. -owned ...

None 104,948.02

Other Stocks and Bonds owned _____ .. 20,513.70

Banking House and Lot ...... _

None

Furniture and F1xtures _____ .. ... .. .. 7,969.00

Other Real Estate owned_. _____ ...... 32,883.64

cash in Vault and Amount due from

approved Reserve Agents

175,462.85

Checks for Clearing and Due from

other Banks.. Cash Items_____________

23,187.10

-----------

60.83

Overdrafts---------- -

.-

21.24

Advance on Cotton and other Com-

modities--- .... - .... -

...

None

Customers Liability on Letters of

PrCofrietdaitnadnLdosAsc_c. _e_p_t_a__n_c_e__s_._ _------------

None None

Other Resources--------------------

1,474.08

TotaL............... --

.. $1,904,477.64

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

. .... $ 200,000.00

Capital Notes --------------------------

None

Surplus Fund

----------------- 50,000.00

Undivided Profits.....

34,433.27

Reserve Funds .... _____

84,036.60

Due to Banks.....

None

Dividends Unpaid ..... ----------------

None

Cashier's Checks.. ______ ---------------- 9,360.97

Certified Checks .... -----------------

32.68

Demand Deposits.__ . ----------------- 75,579.31

Time Certificates of Deposits.. ________ 78,297.60

Savings Deposits.... __ .. -- ... _____ ..... 1.371,817.47

Letters of Credit and Acceptances

executed for Customers. ___ .... __ .. ..

None

Bills Payable ... -- ............. --- .... --

None

Notes and Bills Rediscounted ..... ___ _

None

Other Liabilities-----------------------

919.74

TotaL...... ______________ _ --------- ....$1,904,477 .64

STATEMENT Showing condition at the close of Business December 31, 1938, of the

NORTHWEST ATLANTA BANK Atlanta, Ga.

As called for by the Superintendent of Banks.

TROY G. CHASTAIN, President.
Date of Charter: 3-31-1938

D. C. OWEN, Cashier.
Began Business: 6-15-1938

RESOURCES:

LIABILITIES:

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

SLtoaatnes aonfd DGiesocroguinats-a-n--d----M--u--n-i-c-i-p--a-l$ 121,581.81

Bonds owned.-------------------------

None

CCaappiittaall NStootceks -_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_--_$

75,000.00 None

Surplus Fund ..... __________________ .. 15,000.00

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_____________

7,512.50 None None
6,384.01 None
96,440.51

Undivided Profits..................... .. Reserve Funds ........................ .. Due to Banks.................... __ .. ___ _ Dividends Unpaid ________ .... _________ _ Cashier's Checks _______________________ _ Certified Checks ........ ---------------Demand Deposits ______________________ _

3,574.91 None None None 667.42 None
106,311.64

Checks for Clearing and Due from other Banks ......... __ .. ______________
Cashitems_______________________________ Overdrafts... ____ .. ______________________ Advance on Cotton and other Com-
modities ... ____________________________ Customers Liability on Letters of
Credit and Acceptances______________

None 250.59 None
None
None

Time Certificates of Deposits.......... Savings Deposits ________ . ____________ __ Letters of Credit and Acceptances
executed for Customers _____________ _ Bills Payable__________________________ _ Notes and Bills Rediscounted .... _ .. Other Liabilities.......... __ .......... __

5,000.00 27,048.78
None None None 29.77

Profit and Loss__________________________

None

Other Resources __________ ..............

463.10

Total. ______ .. ___________ .. ____ .. __ .. __ .. $ 232,632.52

$ 232,632.52

10

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE PEOPLES BANK Atlanta, Ga.

As called for by the Superintendent of Banks.

R. R. LANHAM

R. T. LEPPEllT

President,

Cashier. '

Date of Charter: 8-13-1935

Began Business: 8-31-1935

====================~========~====~==~~

RESOURCES:

LIABILITIES:

Loans and Discounts...... -...........$ 203,307.09

State of Georgia and Municipal

Bonds owned.. ---



None

U.S. Government Secmities owned

None

Other Stocks and Bonds owned.---

None

Banking HoUS9 and Lot ...

None

Furniture and Fixtures

None

Other Real Estate owned. __________ __

None

Cash in Vault and Amount due from

approved Reserve Agento .....

23,083.27

Checks for Clearing and Due from

other Banks-..................

None

Cash Items............ -..........

312.41

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._ .. __ -.............. .. 1,023.30

Capital Stock_...................

.$

Capital Notes. ___ .......... .

Surnlus Fund ..

Undivided Profits

Reserve Funds_

Due to Banks....

Dividends Unpaid

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

Certified Cllecks-.... -.

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
1o.oNooonoeo
35.376:67 None None None None None None None
54,387.63
None 65.056.02
None 12.905.75

TotaL....... - .........................$ 227,726.07

TotaL ..

.. . . . . . . . . . $ 227,726.07

STATEMENT Showing condition at the close of Business December 31, 1938, of the

SOUTHERN SAVINGS BANK Atlanta, Ga.

As called for by the Superintendent of Banks.

J. G. BURCKHARDT, Jr., President.
Date of Charter: 12-5-1934

BESSIE BRYAN, Cashier.
Began Business: 1-1-1935

RESOURCES:

Loans and Discounts.... _____ .......... $ 287,645.00

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.---------------

578.43

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

None

Cash in Vault and Amount due from

approved Reserve Agents .... ---- .. - 32,918.42

Checks for Clearing and Due from

other Banks _______ --------------------

None

Cashltems..... __ ------------------

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 ....... ----- ........ ..

371.96

TotaL......... -........................$ 321,513.81

LIABILITIES:

Capital Stock--------------------$ Capital Notes---------'-------- Surplus Fund---------------------Undivided Profits--------------Reserve Funds--------------- Due to Banks....----------------Dividends Unpaid---------------------CCaesrthiifeier'ds CChheecckkss_-__-_-_-_--_--.. ___ 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 None
10,000.00 5,517.57 7,644.00
None None None None None 246,549.00 None
None None None 1.803.24

TotaL--------------------------$ 321.513.81

NINETEENTH ANNUAL REPORT

11

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

STATEMENT Showing condition at the close of Business December 31, 1938, of the

SOUTH SIDE ATLANTA BANK Atlanta, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

Loans and Discounts---------------$ 113.533.71

state of Georgia and Municipal

Bonds owned. ___________ ------------- 49.104.16

U.S. Government Securities owned... 90.544.52

Other Stocks and Bonds owned ______ _ 7,197.50

Banking House and Lot_ ___ _

8,092.00

FOuthrneritRuerealaEndstaFtiextouwrense-d--_-_-_-__-_-_-_-_-_-_-_-_--_

2,175.85 11.206.21

cash in Vault and Amount due from approved Reserve Agents ___________ _ 64,534.16

Checks for Clearing and Due from

other Banks .. __ ... _ ........ _____ _

851.75

cash Items ______ --- -- ---- --------------

None

Overdrafts... ----------------------------

21.83

Advance on Cotton and other Commodities ... ____ ------- ______________ _ 1,854.02

customers Liability on Letters of Credit and Acceptances_____________ _

None

Profit and Loss--------------------------

None

Other Resources ..... __ -------------- __ _ 15,349.18

TotaL.----------------------------- .....$ 364,464.89

LIABILITIES:

Capital Stock _______________ .... _ Capital Notes. ____________________ _ Surplus Fund ... _______________ _ Undivided Profits ______________ _ Reserve Funds _______________ _ Due to Banks ____________ _

.. $

25,000.00 None
8.000.00 832.90 None None

Dividends Unpaid.-----------

1,250.00

Cashier's Checks.. _ . __ . .

358.77

Certified Checks .. ___ .......... _____ _ Demand Deposits __________________ . __

None 158,769.73

Time Certificate~ of Deposits ________ _ Savings Deposits _______________________ _

None 169.112.23

Letters of Credit and Acceptances

executed for Customers. ____ _

Bills Payable. . . . __

_________ _

None None

Notes and Bills Rediscounted ________ _ Other Liabilities _________ . . . _ . __ _

None 1,141.26

TotaL...... , __________ -----------------$ 364,464.89

STATEMENT Showing condition at the close of Business December 31, 1938, of the

TRUST COMPANY OF GEORGIA Atlanta, Ga.

As called for by the Superintendent of Banks.

ROBERT STRICKLAND, President.
Date of Charter: 9-21-1891

DAMERON BLACK, Vice Pres. & Treas. Began Business: 11-8-1891

RESOURCES:

Loans and Discounts-------------------$12,025,061.73 State of Georgia and Municipal
Bonds owned-------------------------- 1,315,,70.94 U.S. Government Securities owned... 2,920,534.49 Other Stocks and Bonds owned------- 1,236,573.41 Banking House and Lot_ _______________ 1,056,458.35

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

None

Other Real Estate owned-------------- 710.419.34

Cash in Vault and Amount due from

approved Reserve Agents.............l0,972,479.99

Checks for Clearing and Due from

other Banks--------------------------- 1,601,298.84

Cash Items------------------------------- 19,340.05

Overdrafts................ ---------------

148.59

Advance on Cotton and other Com-

modities ..... __ .... __ .... -------.------

None

Customers Liability on Letters of

Credit and Acceptances-------------- 2,400.00

Profit and Loss--------------------------

None

Other Resources------------------------ 534,459.32

TotaL. __________________________ . ______ .$32,394,675.05

LIABILITIES:

Capital Stock _______________________ ....$2,000,000.00

Capital Notes___________________________

None

Surplus Fund--------------------------- 2,500,000.00

Undivided Profits----------------------- 324,216.04

Reserve Funds-------------------------- 179.401.86

Due to Banks...------------------------ 8,276,330.39

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

None

Cashier's Checks..... -- .. .. .. .. .. . .. 562,712.70

Certified Checks ..... ----.............. 12,357.47

Demand Deposits ____ - .. --- ............17,252,438.61

Time Certificates of Deposits.......... 250,182.17

Savings Deposits........................ 584,825.25

Lett6rS of Credit and Acceptances

executed for Customers ............. . 2,400.00

Bills Payable....... --- ............ ------

None

Notes and Bills Rediscounted---------

None,

Other Liabilities...... ------ __ ------ __ __ 449,810.56.

Total............ --- ...................... $32,394,675.05

12

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

GEORGIA RAILROAD BANK & TRUST COMPANY Augusta, Ga.

As called for by the Superintendent of Banks.

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

SHERMAN DRAWDY Cashier. '
Began Business: 12-31-1892

RESOURCES:

Loans and Discounts.... -- ............ $5,577.913.83

State of Georgia and Municipal

Bondsowned....... -

-- ----- 409,811.51

U. S. Government Securities owned... 888.754.98 Other Stocks and Bonds owned ______ _ 149,130.14

Banking House and Lot......

147,690.99

Furniture and Fixtures.--------------- 18,429.06

Other Real Estate owned_------------- 159,965.45

Cash in Vault and Amount due from approved Reserve Agents _____________ 2,990,876.31

Checks for Clearing and Due from

otherBankS----- ------------------. 191,978.04

Cash Items

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

16.753.10

Overdrafts.

_ ..

289.64

Advance on Cotton and other Com-

modities ... ----------- ---------------

None

Customers Liability on Letters of CrEdit and Acceptances. ____________ _ 45,210.00

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

None

Other Resources ______ ----------------- 45,096.46

TotaL------

- $10,641,899.51

LIABILITIES:

8~~ii~i ~F~t~= ===~=~ :~ :~ :~ :~ :~ :~ :~:~ :~ ::$
Surplus Fund--------------------------Undivided Profits_________ - Reserve Funds _____ .. ----

75o.oNooo.noeo 320400,,08N080o3:n04e40

Due to Banks..... -- -- - - DividendsUnpaid.........

2,273,7N23o.n1e6

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

39,487.00

Certified Checks___________

23 614 15

Demand Deposits .... ------------------- 3 409.147.49 Time Certificates of Deposits__________ ' 15,500.00

Savings Deposits.---------------------- 3,541,734 ':n

Letters of Credit and Acceptances '

executed for Customers ____ .... BillsPayable.... ___ -------- __ Notes and Bills Rediscounted ... _____ _ Other Liabilities.. _____________________ _

45,210.00 None None
2,600.00

TotaL ..

------------------- ...$10,641,899.51

STATEMENT Showing condition at the close of Business December 31, 1938, of the

REALTY SAVINGS BANK Augusta, Ga.

As called for by the Superintendent of Banks.

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

LEROY W. LYETH, Cashier & Vice-Pres. Began Business: 12-23-1933

RESOURCES:

Loans and Discounts___________________ $ 942.086.68

State of Georgia and Municipal

Bonds owned--------------------------

None

U.S. Government Securities owned... 104.463.60

Other Stocks and Bonds owned ____ _ 4,996.39

Banking House and Lot.... ____ _ 16,406.00

Furniture and Fixtures_--- - -- ..... .

1.00

Other Real Estate owned-----

145,598.78

Cash in Vault and Amount due from

approved Reserve Agents ....... _ - - 91,205.13

Checks for Clearing and Due from

CaosthheItreBmasn_k__s_._._____________ ---------__-__-__-_-__-_

5,455.69 None

Overdrafts _____ ----------- --------------

None

Admvoadnicteieso-n- __C__o__t_to__n__a__n_d___o_t-h-e__r__C__o_m_ _-

None

Customers Liability on Letters of

Credit and Acceptances.. - __ ....

None

Profit and Loss....... __ .. _ ............

None

Other Resources ....... ----- ........ 3,522.00

Total- __ --- __ --- .... -- .. -----. ____ ---- .. $1,313, 735.27

LIABILITIES:

Capital Stock __________________________ $ 100,000.00

SCuarppitlaulsNFoutneds-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_---.-. -_-_-_-__--_ Undivided Profits.. ____________________ _ Reserve Funds _________________________ _

85,000.00 30,000.00
20,250.26 5,571.45

Due to BankS----------------- .. - .. --

None

Dividends Unpaid ... --- .......... - ..

None

Cashier's Checks....... -- ...... ______ --

None

CertifiedChecks. ____________ ----Demand Deposits ______________________ _

None None

Time Certificates of Deposits_________ _ Savings Deposits ______________________ _

201,807.62 871,105.94

Letters of Credit and Acceptances

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

None

Bills Payable ....... ___ ... .

None

Notes and Bills Rediscounted .........

None

Other Liabilities.............. ---------

None

TotaL.. _______________________________ ..$1 ,313, 735.27

NINETEENTH ANNUAL REPORT

13

STATEMENT Showing condition at the close of Business December 31, 1938, 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:

LIABILITIES:

Loans and Discounts______

---$ 160.964.06

state of Georgia and Municipal

Bondsowned_____

---- --- 24.331.45

u.s. Government Securities owned .. 23.750.00

Other Stocks and Bonds owned. __ Banking House and Lot ___ _ FUrniture and Fixtures _____________ _ Other Real Estate owned. ____________ _

7,890.00 None
3.195 .21 11,320.71

cash in Vault and Amount due from

approved Reserve Agents______

112.943.47

Checks for Clearing and Due from

otherBanks... ----------------

Cash Items__

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

Overdrafts_

None 203.91 123.15

Advance on Cotton and other Commodities ____ .. -- ___ ---- _____ -- ______ 13.488.48

customers Liability on Letters of Credit and Acceptances____ _
Profit and Loss _______________ _ Other Resources--- __________ _

None None 446.48

Capital Stock____

.. $ 15,000.00

Capital Notes _____ _

15,000.00

Surplus Fund __ _

5,000.00

Undivided Profits ..

2,371.61

Reserve Funds. ___ _

Due to Banks__

_____________ _

2,000.00 20,000.0()

Dividends Unpaid .. ______________ _

None

Cashier's Checks --------------

128.52

Certified Checks_ Demand Deposits._. ___________ _

135.00 215.328.78

TSaimviengCseDrtiefpicoastietss_o__f_D__e__p_o__s_i_ts__._._______ _

56.432.11 27,560.93

Letters of Credit and Acceptances

executed for Customers ________ _

None

Bills Payable__

. _ .... __

None

Notes and Bills Rediscounted .... --- __

None

Other LiabilitieS------- .......... -- .. ..

None

TotaL-- . . . __ ....... .

_________ $ 358,956.95

TotaL.. _ ---- .. --- -- __ -- -- __ -- __ ------ __ $ 358,956.95

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE CITIZENS BANK & TRUST COMPANY Bainbridge, Ga.

As called for by the Superintendent of Banks.

H. L. GANS, President.
Date of Charter: 2-17-1920

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

RESOURCES:

Loans and Discounts.. _________________ $ 467,129.33

State of Georgia and Municipal

Bonds owned ____________ --------------

None

U.S. Government Securities owned ... 10,500.00

Other Stocks and Bonds owned ______ _ 58,500.00

Banking House and Lot. ______________ _

None

Furniture and Fixtures. ______________ _ 2,500.00

Other Real Estate owned. ____________ _ 17,202.50

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 459,050.22

Checks for Clearing and Due from

other Banks--------------------------- 5,261.58

Cash Items ______ -- ____ -------------------

None

Overdrafts _________________ --------------

720.45

Advance on Cotton and other Com-

modities___ ..

39,720.57

Customers Liability on Letters of

Credit and Acceptances.... _________ _

None

POrtohfeitr aRnedsoLuorscse.s. _________-_-_-_-_-_-_-_-_-_-_-_-_-_--_

None 1,033.67

TotaL. _________________________________ .$1,061,618 .32

LIABILITIES:

Capital Stock

________________ $

Capital Notes _________________ _

Surplus Fund __________________ .. _

75.000.00 67 .500.0r. 15.000.0()

Undivided Profits.... __

17,468.61

Reserve Funds .... ..

5,171.68

Due to Banks _____ _

None

Dividends Unpaid

None

Cashier's Checks....

3,137.76

Certified Checks ___ ..

None

Demand Deposits ...

497.685.34

STaimviengCseDrteifpicoastietss_o__f_D__e__p_o__s_i_t_s___________ _

64.650.45 316,004.48

Letters of Credit and Acceptances

executed for Customers _______ _ Bills Payable ... __________________ _

None None

Notes and Bills Rediscounted----

None

Other Liabilities ______ ------

None

TotaL.. _______________________________ .$1,061.618 .32

14

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK Ball Ground, Ga.

As called for by the Superintendent of Banks.

M. G. HENDRIX, President.

B. R. JONES Cashier. '

Date of Charter: 9-28-1926

Began Business: 10-1-1926

RESOURCES:

LIABILITIES:

Loans and Discounts___________________ $ StBaotendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l
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 PrCofrietdaitnadnLdoAssc_c__e_p_t_a__n_c_e__s_._._._--..--_-_-_-__-_-_--_
Other Resources _____ ------------------

83,545.16
15,000.00 27.500.00
4,725.00 400.00 400.00 None
60,443 .65
50,212.56 None 59.11
None
None None None

Capital Stock_------------ .. ------------$ u.. ooo.oo

Capital Notes.-------------------------Surplus Fund--------------------------RUensdeirvviedeFduPndrosf_i_ts__._._._._._._._._._._._._._____._._._......__. Due to Banks ___________________________ _
Dividends Unpaid. _________ -----------Cashier's Checks.. ______________ .. __ .. __ Certified Checks_. _____________________ _ Demand Deposits. _____________________ _ Time Certificates of Deposits_________ _ Savings Deposits _____ ._. _____ ----- .... __ Letters of Credit and Acceptances

None
5,000.00 16,618.68
294.75
None None None None
141.135.79 64,236.26
None

BielxlsePcuatyeadbfloer__C__u_s__to__m__e_r_s________ _ Notes and Bills Rediscounted Other Liabilities........ __ ..

None None None None

TotaL_._--.-----........ . . . . . . . . . ...._._-$:._2:..:4:::.2:.::.2c:.8c.5:..::4c.8~~T--'-ot:..:a:.:.:l:::..:...__-._._-_-_-__-~~~--._.__-._._._._-._._$:._2:..:4:::2:.::.2:::85:::~48

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BAXLEY STATE BANK Baxley, Ga.

As called for by the Superintendent of Banks.

E. E. MILES. President.
Date of Charter: 8-23-1917

N. D. PADGETT, Cashier.
Began Business: 8-25-1917

RESOURCES:

Loans and Discounts.. ___ -- .......... $ 194,015 .81

State of Georgia and Municipal

Bonds owned....... _______ .......... -

None

U. S. Government Securities owned __ _ 3,000.00

Other Stocks and Bonds owned ..._

None

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

None

Furniture and Fixtures _____ .. -- ..

3,400.00

Other Real Estate owned _____ - ___ .... 11,650.00

Cash in Vault and Amount due from

approved Reserve Agents.-

196,577.62

Checks for Clearing and Due from

otherBanks. ----- ___________ _

Cash Items.. __

__________ _

None None

~J~~;t;ca}t~n- cotton- and oti18r- com~

None

modities .. _. ______ . . __ - ........ .

None

Customers Liability on Letters of

Credit and Acceptances

None

Profit and Loss ....... __

None

Other Resources ....... _

1.510.52

Total. ....... __ -----------

__________ $ 410,183.98

LIABILITIES:

Capital Stock---------------------- ___ $ 25,000.00

SCuarppiltuals NFoutneds___-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_------Undivided Profits __________ __ Reserve Funds _______________ _ Due to Banks _____________ _

25,000.00 2,000.00
88.94 5, 750.00 8,180.23

DCaivsihdieenr'dssCUhencpkasid..-.-_-_-.-.------_-_-__--.-. _______ _

None 807.21

Certified Checks------- ______ .-.--------

None

Demand Deposits. _____________ --------- 24-1,930.13

Time Certificates of Deposits _________ _ 35,228.40

Savings Deposits ___________ ------------- 63,199.07

Letters of Credit and Acceptances

executed for Customers ....

None

Bills Payable .... ___________ ------------

None

Notes and Bills Rediscounted ________ _

None

Other Liabilities ____________ -----------

None

TotaJ.. __________________________________ $ 410,183.98

NINETEENTH ANNUAL REPORT

15

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BLACKSHEAR BANK Blackshear, Ga.

As called for by the Superintendent of Banks.

B. D. BRANTLEY, President.
Date of Charter: 9-11-1891

M. C. McALPIN, Cashier.
Began Business: 7-7-1892

RESOURCES:

Loans and Discounts

_____ _____ $ 291.809.87

stBatoendsofowGneedorgia an__d____M__u__n_i_c_i_p__a_l

None

u.S. Government Securities owned... 98.734.38

BOathnekrinSgtoHckosusaendanBdoLnodst _o__w__n_e__d_._-_-_-_-__--_

2.250.00 None

Furniture and Fixtures ___________ --- 14.875.97

Other Real Estate owned.---------- __ 9.100.00

caasphprionvVedaRuletsaernvde AAmgeonutsn_t__d_u__e__f_r_o__m_ 201,051.36

Checks for Clearing and Due from

other Banks - -----------------------

None

g~~~JiiiT~:::::::::::::::::::::::::::::

None None

Advance on Cotton and other Com-

modities-------------------_---_ .. _....

None

customers Liability on Letters of

PrCorfietdaitnadnLdoAssc_c__e_P__ta__n_c_e__s_._._._._._ _ Other Resources ________________ _

None None None

TotaL------------- .... -------- _________ $ 617,821.58

LIABILITIES:

Capital Stock _______ -------------------$ Capital Notes _______ -----------------

SUunrdpilvuisdeFduPnrdo.f.it.s _-____-____-__-__-_____-_-_

Reserve Funds____

___________ _

Due to Banks_____

___________ _

Dividends Unpaid

__________ _

Cashier's Checks----------------------DCeermtiafineddDCehpeocskists -_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_

Time Certificates of Deposits_________ _ Savings Deposits _______________________ _

Letters of Credit and Acceptances executed for Customers __________ _
BillsPayable ________________ _

Notes and Bills Rediscounted ____ _ Other Liabilities______________ _

50.000.00 None
50.000.00 58,326.21 12,156.85
None None 601 .50 None 278.037.26 167.649.24 None
None None None 1,050.52

TotaL ... _______ ------------------- .. $ 617,821.58

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FIRST STATE BANK Blakely, Ga.

As called for by the Superintendent of Banks.

W. B. HALEY, President.
Date of Charter: 5-15-1937

GRADY SMITH, Cashier.
Began Business: 5-15-1937

RESOURCES:

Loans and Discounts.. _________________ $ 456,961.56

State of Georgia and Municipal Bonds owned _________________________ _ 10.170.5.3

U.S. Government Securities owned __ _ 9.000.00

Other Stocks and Bonds owned ______ _ Banking House and Lot _______________ _ Furniture and Fixtures ______________ _ Other Real Estate owned _____________ _

None 3.n25.oo 3.210.55
5.225.00

Cash in Vault and Amount due from approved Reserve Agents ____________ _ 218.612.87

Checks for Clearing and Due from

other Banks

------------------ 1,929.08

Cash Items ____________ _

None

Overdrafts _____________ ------------------

None

Advanc? on Cotton and other Com-

modrtres ____________ ---------------

4,968.32

Customers Liability on Letters of

Credit and Acceptances_________ _ Profit and Loss _____________________ _

None None

Other Resources ___ -----------------

250.00

Total. ___________________________ _ ... $ 7H.255.90

LIABILITIES:

Capital Stock -----------Capital Notes ----- _______ _

-----$

USunrdpilvuids eFduPnrdof-i-ts--_-_-_-_-_-_-_-__-_-_-_-_-_-_-_--_

RDeuseertoveBFaunnkdss__.-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-____ _

Dividends Unpaid---------------------CCearsthiifeierd's CChheecckkss.____ ---------_-_-_-_-__-_-_-_-_-_--_
Demand Deposits Time Certificates of Deposits _________ _ Savings Deposits -----------Letters of Credit and Acceptances
cx"ecuted for Customers_--_Bills Pa~;able.- -----Notes and Bills Rediscounted __ _ Other Liabilities ___________ _

100,000.00 None
30,000.00 25.344.89 8,500.00
None 60.00 6.790.14 None 433.984.71 41,0fi5 .57 68,510.59
None None None None

TotaL.. _________________________________ $ 714,255.90

16

D EPAR'IMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FANNIN COUNTY BANK Blue Ridge, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

LIABILITIES:

Loans and Discounts_

___ $ 104,240.84

StBatoendsofowGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l 35,201.37

U.S. Government Securities owned__ _ 21,882.50

Othm Stocks and Bonds owned

None

Banking House and Lot

17,000.00

Furniture and Fixtures_

5,500.00

Other Real Estate ownf'd_____ ___ _ 14,746.00

Cash in Vault and Amount due from

approved Reserve Agents ___ _

155,176.44

Checks for Clearing and Due from

other Banks_

15.011.25

COavsehrdItreamftss_________________ -_----------------

None
21.88

Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d___o_t_h__e_r -Co- m-

None

Customers Liability on Letters of

Credit and Acceptances-

None

Profit and Loss.-

None

Other Resources_

1,001.59

TotaL------------

________ $ 369,784.87

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

15,000. oo
12,400.00 3,000.00
None None None None
3.382.38
None
177,916.41 33,334.06
124 '752 .02

executed for Customers_

Bills Payable__

____ _

Notes and Bills RediscountedOther Liabilities ____ _

None None None None

TotaL ___ _

-----
-------$ 369,784.87

--------------------------------------~-----------------------

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE FARMERS BANK Blythe, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

Loans and Discounts_________

_$

S tBaot en d so of wnGede_o__r _g_i_a___a_n__d___M___u_n i c i p a_l

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 ____________ _

Choethckesr Bfoanr kCs-lear_i_n_g___a__n_d___D__u_e from

Cash Items ____ --------- ___ _

Overdrafts ___ _ Advance on Cotton and other Com~

modities ___ ---- ____ ------ - ----------

Customers Liability on Letters of

Credit and Acceptances.. Profit and Loss __

Other Resources __ _

TotaL.. ____ --------

45,114.11
10,310.61
None None
1,670.23 500.00 445.96
22,600.24
None None
226.34
None
None None None
80,867.49

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__

SavingsDeposits_____

-------

Letters of Credit and Acceptances

B iel xl sePc uatyeadbfl oe r__C__u__s_t_o_m_e r s

Notes and Bills Rediscounted ___ _ Other Liabilities _________ _

15,000.00
None
5,000.00 981.44
None
1,592.11 28.80 63.19
None
24.319.27 18.156.00 15,726.68
None None None None

TotaL ____ ----------- __

-- __ $ 80,867.49

NINETEENTH ANNUAL REPORT

17

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE COMMERCIAL BANK Bowdon, Ga.

As called for by the Superintendent of Banks.

J. H. BARR,

President.

Date of Charter: 9-20-1926

~-----_- =~~~~=

RESOURCES:

~d Disco~n~--

_. $ 55.114.28

State of Georgia and MuniciPal

Bondsowned ______ --------- ... 9.350.00

u.S. Government Securities owned .. 98.175.00

Other Stocks and Bonds owned

Nonre

Banking House and Lot.. .... __ \ 2.500.00

Furniture and Fixtures

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

None

C!ll'h in Vault and Amount due from

approved Reserve Agents .... _._

101,531.89

Checks for Clearing and Due from

other Banks.

None

Cash Items....

__________ _

None

Overdrafts __ .____ . _.. ______ .. __________ _

!70.!:J

Advance on Cotton and other Com-

modities.

.

13,702.13

Customers Liability on Letters of

Credit and AccePtances.....

None

Profit and Loss._

None

Other Resources ..

None

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

LIABILITIES:

------.------
Capital Stock.. Capital Notes_ Surplus Fund __ Undivided Profits. Reserve> Funds. Due to Banks __ .

__ . _$

Dividends Unpaid Casl1 ier'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 None
25,000.00 5,975.11 1,000.00 None None fi48.86 None
196,fi75.94 26,243.51
None
None None None None

TotaL .....

.. $ 280,543.42

TotaL.

. ... $ 280,543.42

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BRUNSWICK BANK & TRUST CO. Brunswick, Ga.

As called for by the Superintendent of Banks.

F. D. AIKEN, President.
Date of Charter: 9-10-1889

I. M. AIKEN, Cashier.
====---c-=c-=---B-e-g-a n- -B-u-s i-n-e-s s-:-1-88-9- - -

RESOURCES:

LIABILITIES:

Loans and Discounts.

__ -- .. __ $ 588,143.94

State of Georgia and Municipal

Bonds owned ... __ . _______ .. .. ----

72.147.70

U.S. Government Securities owned 375,024.40

Other Stocks and Bonds owned ...

282 ,R90 .28

Banking House and Lot

40,000.00

Furniture and Fixtures.

9,626.48

Other Rea I Estate owned_ ... __ . . 63,026.44

Cash in Vault and Amount duoe from

approved Reserve Agents..

326,388.88

Checks for Clearing and Due from

other Banks

8,735.72

Cash Items __________ _

8,220.08

Overdrafts.. . . . . ...

6.91

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_________ _

. $1.774.210.83

CaPital Stock

Capital Notes.

Surplu~ Fund-

Undivided Profits __

Reserve Funds

Due to Banl<s.-

Dividends Unpaid.

Cashier's Checks ..

Certified Ohecl<s.

Demand Deposits.

__

Time Certificates of Deposits.

Savings Deposits _.

Letters of Credit and Acceptances

executed for Customers.

BillsPayable. ---

----

Notes and Bills Rediscounted

Other Liabilities ________ .. __

230,000.00 None
75,000.00 13,393.90 20,3B7 .64 73.112.48 4,600.00 5,4fl8.19
475.26 902,655.69 15,216.89 431,065.25
None None None 2,8-14.53

Total ___________ . ______ ... _______________ $!, 774,210.83

18

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

HARALSON COUNTY BANK Buchanan, Ga.

As called for by the Superintendent of Banks.

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

H. R. RICHARDSON, Cashier.
Began Business: 3-4-1909
- - - - ------=-----=--=:::::::::LIABILITIES:

Loans and Discounts....

.$

State of Georgia and Municipal

Bonds owned ..

U.S. Government Securitie' 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 ftom

othe Banks.

Cash1tems .....

Overdrafts ...

Advance on Cotton and other Com-

modities.

. .....

Customers Liability on Letters of

Credit and Acceptances.

Profit and Loss..

Other Resources.

10-1.199.32
None 4,500.00
None 1,200.00 1,300.00 1,350.00
268,381.39
None None 1!6 .51
None
None None None

Capital Stock

.... $

Capital Notes

Surplus Fund

Undivided Profits ..

Reserve Funds.

Due to Banks ....

Dividends Unpaid.

Cashier's Checks ..

Certified Checks.

Demand Deposits.

Time CertificatE!O of Deposits.

Savings Deposits ..

Lettes of Credit and AccePtances

Executed for Customers

Bills Payable ..

Notes and Bills Rediscounted

Other Liabilities ..

.Jo.oGO:Qo _None ID.ooo 00 2,358:84 700.00 None 3,260.00
144.08 None
296,368.39 23,2-!5.94
None
None None None None

TotaL ..

. $ 381,077.25

TotaL

..... $ 381.077.25

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BUENA VISTA LOAN & SAVINGS BANK Buena Vista, Ga.

As called for by the Superintendent of Banks.

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

CLARKE W. DUNCAN, Cashier.
Began Business: 9-1-1889

RESOURCES:

LIABILITIES:

-----~-------

~------

Loans and Discounts..

$ ll0,645 .62

Capital Stock

. $ 30,000.00

State of G2orgia and Municipal

Capital Notes.

None

Bonds owned . ..

.

41,674.95

Surplus Fund ...

16,000.00

U. S. Government Secvrities owned... 5,137.63

Undhided Pwfits .

Ul5.25

Other Stocks and Bonds owned.

6,192.50

Reserve Functs.

None

Banking House and Lot ..

3,000.00

Due to Banl<s ..

None

Furniture and Fixtur s.

75.00

Dividends Unpaid

20.00

Other R.;al Estate owned ........... .

li,277. 78

Casllier's Checko.

liS. 73

Cash in Vault and Amount dU<' from

Certified Checks

None

approved Reserve Agents.

53,882.08

Demand Deposits

l30,ll5.06

Checks for Clearing and Due from

Time Certificates of Deposits ..

59,086.18

othJr Banks

None

Savin"s Deposits ..

None

Cash Items..

None

Letters of Credit and Acceptances

Overdrafts .......

None

executed for Customers.

None

Advance on Cotton and other Com-

Bills PaYable...

..

None

moditLcs.

13,569.66

Notes and Bills Rediscounted

None

Custom,rs Liability on Letters of

Other Liabilities..

None

Credit ancl Ace _.ptances.

None

Profit and Loss..

None

Other Resources

None

Total

.....$ 239,455.22

TotaL .

..... $ 239,455.22

NINETEENTH ANNUAL REPORT

19

STATEMENT Showing condition at the close of Business December 31, 1938, of the

SHADBURN BANKING CO. Buford, Ga.

As called for by the Superintendent of Banks.

MRS. KATE ALLEN SHADBURN,

President.

Date of Charter: 1-23-1901

- - RESOURCES:
Loans and Discounts---

____ $ 183,791.72

State of Georgia and Municipal

u.Bso.nGdsovoewrnnmede_n__t_S-e-c-u--r-i-t-ie--s--o-w--n-e- d

-__ _

None None

Other Stocks and Bonds owned_---- __ 1,947.50

Banking House and Lot. __

None

Furniture and Fixtures___

___ _

4,3!l7 .83

OtherRealEstateowned ________ _ 35,124.19

cash in Vault and Amount clue from

approved Reserve Agents __ _

115,971.50

Checks for Clearing and Due from other Banks_

572 .co

cash Items ____ _

None

Com-- Overdrafts--- - - -
Advance on Cotton and other

None

modities

None

Customers Liability on Letters of

Credit and Acceptances

None

Profit and Loss __

5,536.29

Other Resources_

2,734.00

J. F. HAMILTON, Cashier.
Began Business: 2-ll-1901

LIABILITIES:

Capital Stock

-- __ .$

Capital Notes-

Surplus Fund

Undivided Profits __

Reserve Funds_

Due to Banks.. Dividends UnPaid _____ _

Cashier's Checks _______ _

Certified Checks _________ _

DemandDeposits.

__________ _

Time Certificates of Deposits __

SavingsDeposits___

----

Letters of Credit and Acceptances

executed for Customers_--

Bills Payable.----------------------Notes and Bills Rediscounted _______ _

Other Liabilities _________ _

10.000.00 None
15,000.00 None
10,(;26.27 None None 871.46 None
1-15,!)]2 .06 8,917.65
131,7-18.19
None None None None

TotaL------

.$ 353,075.63

TotaL

_________ $ 353,075.63

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE CITIZENS STATE BANK Butler, Ga.

As called for by the Superintendent of Banks.

J. W. EDWARDS, President.
Date of Charter: 9-4-26

L. R. ADAMS, Cashier.
Began Business: 9-4-26

RESOURCES:

Loans and Discounts ______

_ $ 42,398.13

State of Georgia and Municipal

Bonds owned ..

5,000.00

U.S. Government Securities owned... 7,100.00

Other Stocks and Bonds owned_

None

Banking House and Lot __

None

Furniture and Fixtures_

100.00

Other Real Estate owned.--- _______ _

1.00

Cash in Vault and Amount due from

approved Reserve Agents ___ _

112,132.35

Checks for Clearing and Due from

other Banks_

None

Cashitems. _______________ ------------Overdrafts ___________ - --

None None

Advance on Cotton and other Com-

C~~g~~;~ iiabilit:Y -on :L8iiis cii 4,461.42

Credit and Acceptances

None

Profit and Loss _____ ... ___ _

None

Other Resources_

None

TotaL_________________________________ .. $ 171.192.90

LIABILITIES:

Capital Stock-----------

__ $ 15,000.00

Capital Notes

None

Surplus Fund.

20,000.00

Undivided Profits.. __

281.62

Reserve Funds

None

Due to Banks-----

None

Dividends Unpaid

2.250.00

Cashier's Checks ___________ _

41.47

Certified Checks Demand Deposits_

____________ _ ___________ _

None 133,619.81

STaimviengCseDrteifpiocsaittse_s_o_f_ De_p__o_s__it_s________ _

None None

Letters of Credit and Acceptances

executed for Customers .. ________ _

None

Bills Payable------------

None

Notes and Bills Rediscounted ______ _

None

Other Liabilities ___ _

None

TotaL___ ---------------------------$ 171.192,90

20

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF BYROMVILLE Byromville, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

LIABILITIES:

-15.000:0o - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Loans and Discounts.. ... .. .. . .... $ 35,551.12

Capital Stock

.$

State of Georgia and Municipal

Bonds owned...

..

None

Capital Notes Surplus Fund .............. .

7,500.00 3,000.1)()

U. S. Government Securities owned...

None

Undivided Profits.

3,881.80

Other Stocks and Bonds owned ... Banking House and Lot.. Furniture and Fixtures. Other Real Estate owned .....

None
1.2o550o..0oo0
None

Reserve Funds ... Due to Banks....... . Dividends Unpaid ........... . Cashier's Checks ... .

400.00 None None 529.6!

Cash in Vault and Amount due from approved Reserve Agents........... . 36,667.65

Certified Checks ..... . Demand Deposits ..

None 66,282.56

Checks for Clearing and Due from

Time Certificates of Deposits..

24,033.79

other Banks . . . Cash Items

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

None None

Savings Deposits........ __ ............ . Letters of Credit and Acceptances

None

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

30.27

executed for Customers ...... .

None

Advance on Cotton and other Com-

Bills Payable

..

None

modities. ...

------------ 46,478.72

Notes and Bills Rediscounted .....

None

Customers Liability on Letters of

Other Liabilities .

None

Credit and AccePtances..

None

Profit and Loss ___________ _

None

Other Resources ___ ...... .

None

Total.

.....$ 120,627.76

TotaL ...

........... $ 120,627.76

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CAIRO BANKING COMPANY Cairo, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

Loans and Discounts.. . ............ $ 402,190.42

State of Georgia and Municipal

Bonds owned...

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

None

U.S. Government Securities owned.. . 24,214.92

Other Stocks and Bonds owned.

l.CO

Banking House and Lot....

8.000.00

Furniture and Fixtures

3,000.00

Other Real Estate owned ....

5.000.00

Cash in Vault and Amount due from

approved Reserve Agents....

145,620.52

Checks for Clearing and Due from

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

7 .451. 77

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

None

Overdrafts....

. .... .

None

Advance on Cotton and other Com-

modities ... - - - - - - -- - - --- ll0,136 .68

Customers Liability on Letters of

Credit and Acceptances .. ________ _ Profit and Loss __ -- __ _ ________ _ Other Resources--. _____________ _

33,163.78 None
43,000.00

TotaL _________ _

$ 781,779.09

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. ___ _

35,000.00 20,000.00 15,000.00
558.81 6,667.93 1.500.00 2,800.00 2,411.45
None 292,931.37 133,292.96 242.165.68 29,450.89
None None None

TotaL---------------------- ..... ____ . $ 781.779.09

NINETEENTH ANNUAL REPORT

21

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK Cairo, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

-u;;ns and Discounts_

. _~ ~---~ i-7-8~;92 .53 -

state of Georgia and Municipal

u.Bso.nGdso

owned.. vernment

Securities

. ... owned

__

_

None 34,!i30.00

Other Stocks and Bonds owned.---_ Banking House and Lot __ _ Furniture and Fixtures_ Other Real Estate owned Cash in Vault and Amount due from
approved Resene Agents_____________

None 15,000.00
2' 025.00 39,270.5\J
180.015.57

Checks for Clearing and Due from

other Banks

Cash Items __ _

Overdrafts__

. -... -.- -.

Advanco on Cotton and other Com-

modities.

. ...

customers Liability on Letters of

Credit and Acceptances..

Profit and Loss..

__ ......... .

Other Resomcos __________________ _

11.822.36 None 301.05
29,453.75
None None None

LIABILITIES:

Capital Stock_ Capital Notes

------$

Surph1s Fund_

Undivided Profits.

Reserve Funds_

Due to Banl<s...

Dividends Unpaid

Cashier's Chccl,s_

Certified Checks __ . Demand Deposits ____ _

Time Certificates of Devosits Savings DeDn~its__________ ___ ______ _

Letters of Credit and AccePtances

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

BillsPayable__

__ ___________ _

Notes and Bills Rediscounted. ______ __

Other Liabilities.. ------------------

50,000.00 5,000.00 None 7,211.90 18,213.27 10,000.00 None 4. 731.25 None
271,813.22 4!i,063 .31 75,907.90
None None None None

TotaL

..... $ 492,033.85

TotaL ..

------

---- .. $ 492,033.85

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF CAMILLA Camilla, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

Loans and Discounts....... _____ . --$

State of Georgia and Municipal

Bondsowned _

-----

U.S. Government Securities owned...

Other Stocks and Bonds owned ______ _

Banl,ingHouse and Lot ... __________ __

Furniture and Fixtures. _____________ _

Other Real Estate owned ___ _

Cash in Var1lt and Amount due from approved Reserve Agents ___________ _

ChoethckesrBfaonr kCs l_e__a_r_i_n_g___a_n__d__D__u__e___fr_o_m__

Cash Items.... _________________________ _

Overdrafts... __ .. _______________ ------- ..

Advance on Cotton and other Commodities _____________________ . . - .

Customers Liability on Letters of Credit and Acceptances..
Profit and Loss __________ .

Other Resources ____ --

63,702.30
39 ,Ofl0.65 15,000.00
None 16,000.00 5,000.00 24,100.00
53,300.01
4,704.42 None None
54,072.89
None None None

TotaL _____ .. __ - .. -- -

... $ 274,930.27

LIABILITIES:

Capital Stock_--- .. -........ .. __ .. $

Capital Notes

__________ _

Surplus Fund _______________ _

25,000.00 None None

Undivided Profits.. . __ Reserve Funds _________ _ Due to Banks _____________ _

1,50G .28 None None

Dividends Unpaid______

. __

Cashier's Checks __________________ ...

None 668.39

Certified Checks ...... _____ .. _._. _______ _ Demand Deposits .... _________________ __

None 236,419.97

Time Certificates of Deposits .. _____ _ Savings Deposits _______________________ _

None 11,335.63

Letters of Credit and Acceptances

executed for Customers _____________ _

None

Bills Payable_________ ____ __

None

Notes and Bills Rediscounted---------

None

Other Liabilities __________ --------------

None

TotaL---------- ------------------------$ 274,930.27

22

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

PLANTERS AND CITIZENS BANK Camilla, Ga.

As called for by the Superintendent of Banks.

T. G. TYSON, President.
Date of Charter: 5-24-1913

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

RESOURCES:

----

Loans and Discounts________

____ $ 206.765.34

State of Georgia and MuniciPal

Bonds owned ______________________ _

None

U.S. Government Securities owned __ _ 10,000.00

Other Stocks and Bonds owned_

None

Banking Honse and Lot..

7.250.00

Furniture and Fixtures_

l '750.00

Other Real Estate owned _______ _ _ 11.000.00

Cash in Vault and Amount due from

approved Resc;rvc Agents_______ _ 99,652.26

Checks for Clearing and Due from

other Banks _ Cash Items __ _

10.200.70 None

and ~J~~%'~~ftg;; Cottmi

oi:iier Com:

None

modities ________ _

154,078.00

Customers Liability on Letters of

Credit and Acceptances..

None

Profit and Loss_

None

Other Resources __

7,926.86

TotaL

__ $ 511,623.16

LIABILITIES:
Capital Stock_ Capital NotesSurplus Fund . ---Undivided Profits __ Rosene Funds Due to Banks __ Dividends Unpaid_ Cashier's Checks. Certified Checks __ _ Demand Deposits __ Time Certificates of Deposits __ Savings Devosits __ Letters of Credit and Acceptances
executed for Customers_ Bills Payable_ __ Notes and Bills Rediscounted Other Liabilities __

25 .ooO:OO 1:?,900.00 1o.ooo.oo 3,208.85 2.100.00
None None 254.70 None 294.163.33 fiR,99.Z.47 9<.799.09
None None None 204.72

TotaL

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF CANTON Canton, Ga.

As called for by the Superintendent of Banks.

W. S. ELLIOTT, President.
Date of Charter: 11-17-1892.

G. C. ADAMS, Cashier.
Began Business: 12-21-1892

RESOURCES:

LIABILITIES:

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

Loans and Discounts._

$ 373,899.35

Capital Stock_

____ $ 150,000.00

State of Georgia and MuniciiJal

CaDital Notes_

None

Bondsowned__ _____________ _

218.207.62

Survlus Fund_

150,000.00

U.S. Government Securities owned._ 71,500.00

Undivided Profits_

3U39.56

Other Stocks and Bonds owned

97,450.00

Reserve Funds

-!,iiOO.OO

Banking House and Lot. __

28,140.00 ' Due to Banks ___ _

20,880.93

Furniture and Fixtures

1.476.00

Dividends Unvaid

111.00

Other Real Estate owned __ _

3-!.511.17

Cashier's Checks __

1. 1.\2. 73

Cash in Vault and Amount due from

Certified Cllecl's- __

23.50

avvroved Reserve Agents __ _

630,912.11

Demand Deposits __

738,297.58

Checks for Clearing and Duo from

Time Certificates of Deposits _

11l,S!Jl.44

othNBanks. Cash ltNns___

__ ________ _

Overdrafts. ________________________ _

2,461.85 None None

Savings Deposits __

242,581.36

Letters of Credit and Accevtances

executed for Customers_

None

Advance on Cotton and other Com-

Bills Payable____

--

None

modities .. - - _____________________ -----

None

Notes and Bills Rediscounted

None

Customers Liability on Letters of

Other Liabilities ____ _

None

Credit and Acceptances...

None

Profit and Loss __

None

Other Resources_

None

TotaL.

-.$1,458,561.10

TotaL.-----------

--.$1,458,561.10

NINETEENTH ANNUAL REPORT

23

-------------------------- STATEMENT Showing condition at the close of Business December 31, 1938, of the

ETOWAH BANK Canton, Ga.

As called for by the Superintendent of Banks.

OLIN FINCHER,

President.

Date of Charter: 1-22-1927

~

RESOURCES:

~sand Disc~,;,rts-:-:--:-: ==-:$2is-:fm .34

State of Georgia and Municipal

Bonds owned __________________ -- __ _
u.s. Government Securities owned ...

8,968.-!6 11,100.00

Other Stocks and Bonds owned _____ _ 4,585.58

Banking House and Lot.. __

12,000.00

Furniture and F!xtnrcs ______________ _ 2,285.00

Other Real };state owned_____ __ __

None

Cash in Vault and Amount clue from

approved Reserve Agents..

97.137.20

Checks for Clearing and Duo from

other Banks-

1,619.82

cash Items....-

None

Overdrafts.

-

_.-

153.53

Advance on Cotton and other Com-

modities

None

Customers Liability on -Letters. of

Credit and Acceptances

None

Profit and Loss_

None

Other Resources

None

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

LIABILITIES:

Capital Stock Capital Notes. Surplus Fund Undivided Profits.. ___________________ _ RescTVe Funcls _ Due to Banks_ .. Dividends Unpaid Casl1 ier's Checks Certified Checks Demand Deposits ________ _
Time Certificates of Deposits Savings Deposits __ Letters of Credit and Acceptances
cxrcntccl for Customers_ Bills Payable_ Notes and Bills Rediscounted Other Liabilities ____ _

25,000.00 None
12,000.00 1,302 .G1 1,850.50
None 1,500.00 1,1!)8.22
None 161.-!25. 02 33,8Hl.29 118,309.99
None None None None

TotaL-

$ 356,405.93

Total...

356,405.93

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE PEOPLES BANK Carrollton, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES:

Loans and Discounts..

___ $ 142' 193.67

State of Georgia and Municipal

Bonds owned. ___ --------------

None

U.S. Government Securities owned. 181,425.00

Other Stocks and Bonds owned

None

Banking House and Lot. ..

35,500.00

Furniture and Fixtures _

1.00

OtherRealEstateowned _______ _ 19,297.98

Cash in Vault and Amount duo from

approved Reserve Agents _

467,396.49

Checks for Clearing and Due from

other Banks ___ _

None

Cash Items ..... __

203.31

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 ___________ _

.$ 846,017.45

LIABILITIES:

Capital Stock

_.. $

Capital Notes

Surplus Fund_

Undivided Profits __

Reserve Funds_

Due to BanJ,s __

Dividends Unpaid. Cashier's Checks __

Certified Chccl<s Demand Deposits ___________________ _

Time Certificates of Deposits SaYings Deposits _______________________ _

Letters of Credit and Acce])tances

executed for Customers

Bills Payahle_

Notes and Bills Recliscountcd _

Other Liabilities..

{iO,OOO.OO Nono
60,000.00 None
55,080.06 None None
1.334.20 48.50
669,554.69 None None
None None None None

TotaL .... _.

__ $ 846,017.45

24

DEPARTMENT OF BANKING

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

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

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE COMMERCIAL BANK OF CEDARTOWN Cedartown, Ga.

As called for by the Superintendent of Banks.

A. W. STUBBS, President.
Date of Charter: 10-16-1889
-----~-----_-_---
RESOURCES:

Loans and Discounts

__ _-~ 52-!.108.14

State of Georgia and Municipal

Bonlls owned _________ ---------------- 1.228.50

U.S. Government Securities owned __ _ 130.590.65

Other Stocks and Bonds owned.

None

~~~~~mifr~~~1d8F1~~~~:~-

:_:::) 23,777.96

OtherRc'al ~:state owned-------- ____ _ 58,354.44 Castr in Vault and Amount due from

approved Reserve Agents

H1,083 .58

Chocks for Clearing and Due from

other Banks_ Cash Items ____ _

18,259.61
252 .:?0

~J~;~r1caeft~n Cotton and other Conr~

991.22

modities___ -------- __

Nono

Customers Liability on Letters of

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

None None None

D. L. ROBERTS, JR. Cashier.
Began Business: 12-ll-1889

LIABILITIES:

Capital Stock

---$ 140:000.00

CapHul Notes Surplus Fund

1oo.oNooo.noeo

Undivided Profits __ Hcsc,rve Funds Dnc to Bunks __ Dividends Unpaid_

32.576.98 None None
4,200.00

Casllicr's Cllecl<s- _ Ccrtifiecl Checks __ _

2.113.2{ _ None

Demand Deposits

4o9 ,806 .6{

Time Certificates of Deposits __

126,773.88

Savings Deposits__

----------- 332,875.59

Letters of Credit and Acceptances

executed for Customers ..

Bills Pa;;able

__ ----- ____ _

Notes and Bills Rediscounted ____ _

None None None

Other Liabilities.

None

Total

--.$1,198,646.33

TotaL.

-- _$1,198,t46 .33

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS AND MERCHANTS BANK Charing, Ga.

As called for by the Superintendent of Banks.

S. GARRETT,

President.

Date of Charter: 9-21-1912

- --- ~-

-------~---~~~-=-=--===

RESOURCES:

S. GARRETT, Cashier.
Began Business: ll-6-1912
LIABILITIES:

Loans and Discounts

-----------$

State of Georgia and Municipal

Bonds owned__ ___

.

U. S. Government Securities owned ...

Other Stocks and Bonds owned

Banking House and Lot __

Furnitnre and Fixtures .

Other Real Estate owned

---

Cash in Vault and Amount due from

approved Reserve Agents __ _

Checks for Clearing and Due from

other Banks- ..

COvaesrhdrIatfetms_s________

__________ _

Admvoadnicteiesson Cotton and _o__t_h_e__r__C__o_m_-

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

Total

.... $

11.808.42
None 300.00 None None None 482.81
29,335.68
221.50 None None
8,222.45
None 883.23 None
51,254.09

Capital Stock----- ____ --------

.. $

Capital Notes. _____ _

Surplus Fund _______ _

Undivided Profits. __ Reserve Funds Due to Banks ___ _ Dividends Unpaid. ___________ _ Cashier's Checks _______________ _

Certified Checl<S-----------

Demand Deposits._

Time Certiftcates 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 None None None None None None
36,254.09 None None
None None None None

TotaL. ________________________________ .$ 51.254.09

NINETEENTH ANNUAL REPORT

25

STATEMENT Showing condition at the close of Business December 31, 1938, of the

COHUTTA BANKING COMPANY Chatsworth, Ga.

As called for by the Superintendent of Banks.

R. E. CHAMBERS, President.
Date of Cbarter: 7-17-1905

FRANCES HARTSELL, Cashier.
Began Business: 1-24-1906

RESOURCES:

Loans and Discounts .

.$ 98,237.02

state of G,orgia and MuniciPal

u.Bso.nGdsovoewrnmemd.mt

.. Securities

owned.

4,000.00 None

Other Stocks and Bonds owned_ .... . 3ii,OOO.OO

Banking House and Lot. ............ .. 2,!i00.00

Furniture and FIXtures ............ .. 1,800.00

Other Real Estate owned ........... .. 9,879.13

cash in Vault and Amount due from

approved Reserve Agents .......... .. 103,756.50

Checks for Clearing and Due from

other Banks

None

Cash Items ..

None

Overdrafts .. Advance on

Ootton.arrd."()i!1er

Com-

65 .fi1

modities-

4 ,G-!5 .91

customers Liability on Letters of

Credit and Acceptances..

None

Profit and Loss ......

None

Other Resources

1,108.93

TotaL.

.... $ 260,993.00

LIABILITIES:

Capital Stock_

Capital Notes

Surplus Fund_

UndiYided Profits.

Reserve Funds_

Due to Banks...

Di\idends Unpaid

Casllier's Checks...

CNtified 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 .............. ..

15,0CO.OO 13,000.00
2,000.00 1,175.59 4,500.00
None None 130.85 None 161,539.07 31,935.09 28,711.80
None None None None

TotaL

.....$ 260,993.00

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF CHICKAMAUGA Chickamauga, Ga.

As called for by the Superintendent of Banks.

ELDER G. GLENN, President.
Date of Charter: 2-16-1910

W. N. SHADDEN, Cashier.
Began Business: 5-10-1910

RESOURCES:

Loans and Discounts------------------$ StBaotendsoof wGneedo.r.gi_a__a_n_d___M_u_n_i_c_ipa..l
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 R0serve 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 ...................... --

140,037.70
None 52,293.75 8,800.75 8,196.00 l, 750.00 11,548.50
62,011.02
797.14 108.90 None
None
None None None

Total ...... ------------------------------$ 285,573.77

LIABILITIES:

Capital Stock.

___________ $ 25,000.00

Capital Notes_..

.. .. ___ ..

None

Surplus Fund_

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

Undivided Profits .. __________________ _

Reserve Funds ________________ _

Duo to Banks ... ____________ __

Dividends Unpaid _________ __

11,000.00
4,227.67
3,467.65 None !!44.00

CaslJier's Checks............

613.02

Certified Checl's ...... ___ _

None

Demand Deposits ... ------------------ 120' 778.14

Time Certificates of Deposits ________ __

600.00

Savings Deposits..... ____________ ._. __ __ 118,913.29

Letters of Credit and Acceptances

executed for Customers.------------Bills Payable .. ___________ ............. .

None None

Notes and Bills Rediscounted--------Other Liabilities.. ... _._._ ... _..... __ ...

None None

TotaL...... ------ ___ .. _.. _..... .. ....$ 285,573.77

26

DEPARTMENT OF BANKING

STATEMENT Showing .condition at the close of Business December 31, 1938, of the

FARMERS & MERCHANTS BANK Chipley, Ga.

As called for by the Superintendent of Banks.

HENRY ZACHRY, President.
Date of Charter: 3-22-1909

ROY ASKEW Cashier. '
Began Business: 4-19-1909

RESOURCES:

LIABILITIES:

--~

Loans and Discounts..

______ --- .$ 112,2-11.40

State of Georgia and Municipal

Bonds owned.

.

10,000.00

U.S. Government Securities owned... 21,303.82

Other Stocks and Bonds owned_

5,000.00

Banking House and Lot_

1.750.00

Furniture ancl Fixtures_ Other Real Estate owned _______ _

7l.,24o0o0..ocoo

Cao;h in Vault aml Amount due from

apvroved Re::;ervc Agents __

114,218.36

Chocks for Clearing and Duo from

othN Banks.

None

Cash Items.....

None

Overdrafts_. __

None

Advance on Cotton and other Com-

modities_

874.56

Customers Liability on Letters of

Creclit and Acceptances..

None

Prof.t ancl Loss._

None

Other Resources

None

Capital StoclL

____ $

Capital Notes_

Surp!11sFund. ---------- ___ _ Undivided Profits __________ __

ReserVP Funds_ Due to Ban!{S_. _

Dividcmcls Unpaid

Cas!Jier's Checks._

Certified Checl'sDemand Deposits

Time Certificates of Deposits

Savings Deposits____ _______

_ __

Letters of Credit and Acceptances

25.ooi0() ::~.ooo.oo o,ooo 00
2,449:87
None None None
1,018.35
None
118,069.77 40,17B.BO 30,323.55

executed for Customers_

Bills Pa"able..

-----------

Notes and Bill< Rediscounted ___ _

Otlwr Liabilities._

None None None
None

Total.

._$ 274,038.14

TotaL.

-- -~ 27-1,038.14

STATEMENT Showing condition at the close of Business December 31, 1938, of the

HABERSHAM BANK Clarksville, Ga.

As called for by the Superintendent of Banks.

W. R. ASBURY, President.
Date of Charter: 5-13-1904

W. S. WHITWORTH, Cashier.
Began Business: 5-13-1904

RESOURCES:

Loans and Discounts..

- $

State of Georgia and MuniciPal

Bonds owned ..

U. S. Government Securities owned

Otl1er Stocks and Bonds owned.

Ban!{ing House and Lot

Fnrnitnre and Fixtures_

Other Rea I Estate owned_

.

Cash in Vault and Amount due from

approved Reserve Agents._

Checks for Clearing ancl Due from

other Banks Cash Items __ _

~J;.~~,r~:t~n Cotton and other Com~
modities ______________________ . _

Customers LiabilitY on Letters of

Credit and Accentances. Profit and Loss __

Other Resources

77,710.81
39,800.00 28,850.00
None 5,000.00
800.00 2,500.00
100.447.35
None None None
None
None None None

TotaL

_________ $ 2fi5,138.16

LIABILITIES:

Cavital Stock

----------S

Cavital Notes

Surplus I<und __

Undivided Profits_

Reserve Funds

Duo to Banks ..

Dividends Unpaid

Cash ior's Checks._

Certified Checks

Demand Devosits. ____ _

Time Certificate< of Deposits..

Savings DeDosits._

Letters of Creclit and Acceptances

executed for Customers BillsPcwable _____________ _

Notes ancl Bills Rediscounted. Other Liabilities ________ _

25,000.00
None
fl, 000.00 I ,220.58
None None
4.00
395.5g
None
117 ,888.3] 1,000.0(
101.629.6!
NonE NonE NonE NonE

TotaL.. ________ _

____ $ 255,138.11

NINETEENTH ANNUAL REPORT

27

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

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE CLAXTON STATE BANK Claxton, Ga.

As called for by the Superintendent of Banks.

C. M. RUSHING, President.
Date of Charter: 6-15-35

W. L. NEWTON, Cashier.
Began Business: 7-l-1935
~~ - - - - - - - - - - - -

RESOURCES:

~ounts------------~-~---~$

state of Georgia and Municipal
u sBonds owned~~ ~ ~ ~---------------- ~ ---
Government Securities owned-~Other Stocks and Bonds owned_- ____ _ Banking House and LoL~-rurnitnre 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

123,618.83
None None None
3,500~00
l ~00 735.82
117.202 ~m
None Non" 42.67
None
None None None

LIABILITIES:

Capital Stock

_______ $

Capital Notes

Surplus Fund.

Undivided Profits~

Reserve Funds

Due to Banks~~~ ~

Dividends Unpaid

Cashier's Cllecl's

Certified Checks

Demand DeDosit>'-~-~~-- ~- ~

Time Certificates of Deposits

Savings DcDosits~---~ ~--~ ~--~------

Letters of Credit and Acceptances

executed for Customers.

Bills Payable_ ~ ~ __ ~~--~~~

Notes and Bills Rediscounted

Other Liabilities...

20.000~00
None 5,000.00
4,316~13
None None None 122.44 None l89.58:J.54 :23.076.83 None
None None None
None~

TotaL.

-------~$ 245.100.94

TotaL ..

______ $ 21il,l00~94

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF CLAYTON Clayton, Ga.

As called for by the Superintendent of Banks.

J. C. DOVER, President.
Date of Charter: 6-30-1904

T~ A. DUCKETT,
Cashier~
Began Business: 7-1-1904

RESOURCES:

LIABILITIES:

--------------~

-----~-----~~~

Loans and Discounts~-------

____ $ H9.635.8l

Capital Stock

--.$

State of Georgia and Municipal

Capital Notes

Bonds owned..

21,695.00

U.S. Government Securities owned... 9,!!75.00

Surplus Fund Uncliviclecl Profits~ -------~ --------~----

Other Stocks and Bonds owned

None

Reserve Funds

Banking House and Lot.. -------~----Furniture and Fixtures.-~Other Real Estate owned--------~----Cash in Vault and Amount clue from

3,600.00 1,100.00
600~00

Due to Banks __ Dividends Unpaid. Cashier's Checks.. Cprtifiecl Clu:cks ___ _

approved Reserve Agents~-~---------- 205,318.19

Checks for Clearing and Due from

other Banks __ ~__________ _______ ____ __

None

Demand Deposits ~~

_ __

Time Certificates of Deposits~-

Savings Deposits~--- _______ ~ __________ _

Cashitems--~--

----~------

Overdrafts~--~--~--~---------------------

Advance on Cotton and other Com-

modities----------------------~--------

Customers Liability on Letters of

None' 240.27
None

Letters of Credit and Acceptances executed for Customers_
Bills Payable~--~~-~----------~---------Notes and Bills Rediscounted. Other Liabilities~-

Credit and Acceptances___ Profit and Loss.~________________

None None

Other Resources _____________

None

25,000~00
None 25,000.00 3,3(i8 .32
None None None 3.057 ~29 None 335,638.66 None None
None None None None

TotaL_

____ $ 392,064.27

TotaL-----~--------~------------ ~------$ 392,064.27

28

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

STATE BANK OF COCHRAN Cochran, Ga.

As called for by the Superintendent of Banks.

T. W. FISHER, President.
Date of Charter: 12-22-1921
RESOURCES:

L. S. LEACH Cashier. '
Began Business: 1-5-1922
------ ------~-~
LIABILITIES:

Loans and Discounts________ ______ $ 119,120.46

State of Georgia and Municipal

Bonds owned..

__ _

l ,07-!.60

U. S. Government Securities owned--- 57,410.00

Other Stocks and Bonds owned_------ l0,9Li.05

Banking House and Lot. .. ___________ _ 2' 500.00

Furniture and Fixtures __________ _

l.OO

Other Real Estate ownecl. ___________ _

None

Cash in Vault ancl Amount clue from

approved Reserve Agents_

105,715.88

Checks for Clearing and Due from

other Banks __

1, 681.53

Cash Items __ _

None

Overdrafts __

None

Advance on Cotton and other Com-

modities. __________

------

None

Customers Liability on Letters of

Credit ancl AccePtances. ___________ _

None

Profit and Loss.

None

Other Resources--- ____ ---- __

None

Capital Stock-

---$

Capital Notes. __ _

Surplus Fund-

lJnclivided Profits.

Reserve Funds __ _

Due to Banl<s._

Divic!encls Unpaid ___ _

Cashier's Checks ______ _

Certified Checks ____ _

Demand DeposiTs. __

Time Certificates of Deposits ___

Savings Deposits __ _

Letters of Creclit and Acceptances

executed for Customers

Bills Payable ..

Notes and Bills Rediscounted

Other Liabilities_____

-----------

25:000:00
None 10.000.1)) 1,368.55
None None 250.1)) 463.23 None 204,907.52 3.384.83 47,793.07
None None None 5,251.32

TotaL ___ _

_________ $ 298,418.52

TotaL ___ _

______ $ 298,418.52

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK Colquitt, Ga.

As called for by the Superintendent of Banks.

G. C. JINKS, President.
Date of Charter: 3-24-1924

D. B. BELL, Cashier.
Began Business: 4-21-1924

RESOURCES:

LIABILITIES:

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

Loans and Discounts..

____ $ 293 '7-!0 .93

State of Georgia and Municipal

Capital Stock. _________ ----------------$ 25,000.00

Capital Notes___________

12,500.00

Bonds owned ---- __ ------ -----

6,039.35

Surplus Fund___

7,500.00

U.S. Government Securities owned __ _

None

Undivided Profits.

lti,OOO.CO

Other Stocks and Bonds owned------Banking House and Lot. ______________ _

None 1.00

Reserve Funds____ Due to Banks_____

27,676.71
Non~

Furniture and Fixtures ------ ________ _

1.00

Dividends Unpaid

_

870.

Other Real Estate owned. ____ _

1,363.00

Cash in Vault and Amount clue from

approved Reserve Agents ____________ _ 112,522.13

Casl1ier's Checks____________

Certified Checks______

Demand Deposits___

_____

1,795. None
1~3.967.81

Checks for Clearing and Due from

Time Certificates of Deposits__

56,102.18

CaosthheIrteBmasn_l_'_S_-__-_-_-_------_-__-_-_-_----_-___________ _

None None

Savings Deposits_________

71.954.81

Letters of Credit and Acceptances

Overdrafts____

------------ __

None

executed for Customers

None

Advances on Cotton and other Com-

Bills Payable.

Nonl

modities ________ ----------- ____ ---- ___ _

None

Notes and Bills Rediscounted_____

NonE

Customers Liability on Letters of

Other Liabilities------____

NonE

Credit and AccePtances. ____________ _ Profit and Loss ________________________ __ Other Resources--- ____ ----- ___________ _

None None None

Total. _____________ -- ______ -- ______ -- ____ $ 413,667.41

- - TotaL __________________________________ $ 413,667.41

NINETEENTH ANNUAL REPORT

29

STATEMENT Showing condition at the close of Business December 31, 1938, of the

COLUMBUS BANK & TRUST CO. Columbus, Ga.

As called for by the Superintendent of Banks.

W. C. BRADLEY, President.
Date of Charter: 12-24-1888

JAS. A. LEWIS, Cashier.
Began Business: 4-1-1889

----------=-=R-E-S-O-U-R-C--E-S:
Loans and Discounts.. --. . ..... $3,405,119.16

state of Georgia and Municipal

uBsonGdsovoewrnnemde.n..t.S. -ec-u..r.i.t.ie..s..o.w..n-e--d-.-.-.

None 312,55.?.63

Other Stocks and Bonds owned.------ 735.344.00

Banking House and Lot.. ------------- 325,139.36

FUrniture and Fixtures

8,254.96

Other Real Estate owned------------- 10!.178.83

cash in Vault and Amount due from approved Reserve Agents _____________ 3,554,281.39

Checks for Clearing and Due from

other Banks ... ---

------------- 191.820.71

Cash Items....

----------------- 24,565.21

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 -----------

18,854.58

TotaL--------------

- ..$8. 710.410.83

LIABILITIES:

Capital Stock.__________

.......... $ 850.000.00

Capital Notes. __________ ---------------

None

Surplus Fund.___________

650,000.00

Undivided Profits.......

145.060.90

Reserve Funds. _________ --------------- 62,814.21

Due to Banks.. ____________

386.736.96

DCaivsihdieern'ds sCUhencpkasi_d__._._._._._._._. .. ____________

388.50 8,003.48

Certified Checks .... ____________________ 20.306.94

Demand Deposits _______________ . _______ 3,887. 790.59

Time Certificates of Deposits..

74,830.86

Savings Deposits.......... ------------- 2,608,148.39

Letters of Credit and Acceptances

BielxlsePcuatyeadbfloer..C. _u_s__to__m__e__r_s_._-_-----_-_-_-_-_-__--_

None None

NOothteesr aLniadbBiliiltliseRs _e_d__is_c__o_u__n_t_e_d____._._______ _

None 16,330.00

TotaL .....

------------.$8,710,410.83

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE HOME SAVINGS BANK Columbus, Ga.

As called for by the Superintendent of Banks.

H. K. PARK, President.
Date of Charter: 12-26-1888

W. B. LANGDON, Treasurer.
Began Business: 4-1903

RESOURCES:

Loans and Discounts. __________________ $ 799,843.57

State of Georgia and Municipal

Bonds owned ... __ .. --------- .. -------- 51,324.10

U.S. Government Securities owned ... 64,118.75

Other Stocks and Bonds owned_. ____ _ 41,649.91

Banking House and Lot. .... .

None

Furniture and Fixtures ....... .

8,950.00

Other Real Estate owned. ____________ _ 116,285.00

Cash in Vault and Amount due from

~pproved Reserve Agents

212,863.65

Checks for Clearing and Due from

CoasthheIrteBmasn..ks.___________ _ Overdrafts ________________________ .....

11,812.55 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 .... --------------

247.50

TotaL._. _____________ _

--.$1,307,095.03

LIABILITIES:

Capital Stock CaPital Notes ____________

..$ 75,000.00 None

Surplu~ Fund

_____________ 20,000.00

Undivided Profits.. Reserve Funds Due to Banks...

____________

10.706.41 15.1N4o6.n4e9

Dividends UnPaid -----------Cashier's Checks... ------------Certified Checks. Demand Deposits__________________

None 1,793.25
None None

Time Certificates of Deposits..... ____

None

SavingsDeposits... -

.. 1.181,048.88

Letters of Credit and Acceptances

executed for Customers_

Bills Payable..

. ..

Notes and Bills Rediscounted----

Other Liabilities.....

None None None 3.400.00

TotaL ....... ..

.. $1,307,095.03

30

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

MERCHANTS & MECHANICS BANK Columbus, Ga.

As called for by the Superintendent of Banks.

J. B. KEY, President,
Date of Charter: 12-14-1871

J. A. HARLEY Cashier. '
Began Business: 1872

RESOURCES:

Loans and Discounts..

. ... $1.535,380.04

State of Georgia and Municipal

Bonds owned............. --------

None

U.S. Government Securities ownod ... 83,378.13

Other Stocks and Bonds owned

147,!126.23

Banking Houss and Lot ...

60,000.00

Furniture and Fixtures_

25,000.00

Other Real Estate owned ... __________ _ 5,250.00

Cash in Vault and Amount due from

approved Reserve Agents. ____________ 1.751,136.89

Checks for Clearing and Due from

other Banks ------- .... .

212,32-!.28

Cash Items_____

... _ .. _

Overdrafts.. ________ . ____ _

2,f0-l.53 395.10

Advance on Cotton and other Com-

modities.. . .. _____ _

6,99-l.H

Customers Liability on Letters of

Credit and Acceptances ___________ .. Profit and Loss ___________ _

None None

Other Resources_

None

Total

$3,860,389.64

LIABILITIES:

- - - ---------Capital Stock

20~

Capital Notes Surplus Fund Undivided Profits..... Reserve Funds. _________ _ Due to Banks ___ _

200,0N00on0e0
136,968.34 l3285.,o0oio7.0l0l

Dividends Unpaid.

Cashier's Checks.. .. - . - _____

Certified Checks_

Demand Deposits ...

Time Certificates of Deposits...

Savings Deposits... .

. ..

zo.ooo:oo 8.760.43 - 9 9 9,021.48 "' -49.379.88
8,276.~
864,936.31

Letters of Credit and Acceptances

executed for Customers_

Bills Payable .... __ --

Notes and Bills Rediscounted ...

Other Liabilities.....

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

None None None None

TotaL.

. . . . . . . :13.860:389.64

STATEMENT Showing condition at the close of Business December 31, 1938, of the

TRUST COMPANY OF COLUMBUS Columbus, Ga.

As called for by the Superintendent of Banks.

F. G. LUMPKIN, President.
Date of Charter: 1892

J.D. BOX, Vice-Pres. & Secretary.
Began Business: 1892

RESOURCES:

Loans and Discounts..... ______________ $ 3-!3. 996 .29

State of Georgia and Municipal

Bonds owned ... ____ ---- __ ........... --

None

U. S. Government Securities owned.. .

None

Other Stocks and Bonds owned

1,510.46

Banking House and Lot. ... ___ _

141,6!)7 .52

Furniture and Fixtures _... __ _

245.75

Other Real Estate owned ____________ _ 127,292.23

Cash in Vault and Amount due from

approved Reserve Agents ..

48.785.13

Checks for Clearing and Due from

other Banks________

___________ __

Cash Items _______________ __

None None

Overdrafts.. __ .... ______ . ___

None

Admvoadnicteieso_n___C__o_t_t_o_n___a_n__d___ot_h_er Com-

None

Customers Liability on Letters of

Credit and Acceptances

None

Profit and Loss __ .

None

Other Resources_

3,463.14

TotaL ____ __

__ ____________ $ 666,990.52

LIABILITIES:

Capital Stock

______ $ 100,000.00

Capital Notes_

50,000.00

Surplus Fund . __ _

160,000.00

Undivided Profits __ .

12,967.93

Reserve Funds_

84,080.23

Due to Banks...

5,000.00

Dividends Unpaid

None

Cashier's Checks_____ _

None

Certified Checks _____ _

None

DemandDeposits. ___ _

Nope

Time Certificates of Deposits..

185.831.50

Savings Deposits__________

. 67,098.51

Letters of Credit and Acceptances

executed for Customers._ .... _

None

Bills Payable ..... _--- ________ ... ..

None

Notes and Bills Rediscounted

None

Other Liabilities....... ---------------- 2.012.35

TotaL ..

______ $ e66. 990.52

NINETEENTH ANNUAL REPORT

31

STATEMENT Showing condition at the close of Business December 31, 1938, of the

ROWE BANKING COMPANY Comer, Ga.

As called for by the Superintendent of Banks.

W. A. ROWE,
President.
Date of Charter: 10-3-1935
=== RESOURCES:
------- Loans and Discounts_________________ .. $
state of Georgia and Municipal
u.Bso. nGdsovoewrnnemde..n.. t Securities owned __ _
other Stocks and Bonds owned _____ _ Banking House and Lot. __ _ Furmture and Frxtures .. _____________ _ 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

46.371.36
None None 4.775.00 800.00 None None
21,03:2.62
None None 91.39
30.539.53
None None None

W. N. NOELL, Cashier.
Began Business: 10-10-1935

LIABILITIES:

Capital Stock .. ____

----$

Capital Notes Surplus Fund _ .

Undivided Profits_

Reserve Funds_ Due to BanJ,s __

Dividends Unpaid

Cashier's Checks Certified Checks ____________ _

Demand DPPOSits ___ ------ ---

Time Certificates of Deposits Savings DeDosits ______________________ _

Letters of Credit and Acceptances

executed for Customers_ Bills Payable.. . _____________ _

Notes and Bills Rediscounted Other Liabilities ___ _

15,000.00 None
8,000.00 67.96 None None None 31.87 None
52,879.47 2.?,636.60 5,000.00
None None None None

TotaL-

______ $ 103,615.90

TotaL ..

- . $ 103,615.90 - - - - -----------

STATEMENT Showing condition at the close of Business December 31, 1938, of the

NORTHEASTERN BANKING CO. Commerce, Ga.

As called for by the Superintendent of Banks.

C. J. HOOD, President.
Date of Charter: 8-25-1891

SAM HOOD, Cashier. Began Business: 1892

RESOURCES:

Loans and Discounts _________ . ________ $ 185,96fi.48

State of Georgia and Municipal

Bonds owned _____ .. _______________ _

None

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

None

Other Stocks and Bonds owned

4,750.00

Banking House and Lot.. . ------------ 5,000.00

Furniture and Fixtures

2,636.33

Other Real Estate owned _________ _ 11.131.24

Cash in Vault and Amount duo from

approved Reserve Agents __

93,667.83

Checks for Clearing and Due from

other Banks

2,237.73

Cash Items ____ _

None

Overdrafts ________ ---- ___ ----------- ---

290.33

Advance on Cotton and other Com-

modities _____ --------- ---

94,016.15

Customers Liability on Letters of

Credit and Acceptances. _

None

Profit and Loss_

None

Other Resources

1.280.00

TotaL ____ _

__ $ 400,976.09

LIABILITIES:

Capital Stock......

-------$ 50,000.00

Capital Notes __

None

Surplus Fund..

------ ____ _

25,000.00

Undivided Profits _____ _

2,410.86

Reserve Funds .. ___ _

None

Due to Banks __ _

None

Dividends Unpaid ..

2,500.00

Cashier's Checks....

249.52

Certified Checks __ _

11.00

Demand Deposits_ . -- _

247,795.55

Time Certificates of Deposits.... __ ------ 73,009.16

Savings Deposits ___ ._----- ________ ------

None

Letters of Credit and Acceptances

executed for Customers ___ _

None

Bills Payable

None

Notes and Bills Rediscounted __ _

None

Other Liabilities ________ _

None

TotaL--------

.$ 400,976.09

32

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CONCORD BANKING CO. Concord, Ga.

As called for by the Superintendent of Banks.

C. T. SMITH, President,
Date of Charter: 10-29-1903

S. A. KING Cashier. ' Began Business: 11-18-1903

RESOURCES:

Loans and Discounts___________________ $ State of Georgia and Municipal
Bonds owned ________________ . _______ _ U.S. Government Securities owned __ _ Other Stocks and Bonds owned BanldngHouse and Lot. _____________ _ Furniture and Fixtures _____________ _ Other Real Estate owned_ __ ________ _ Cash in Vault and Amount due from
approved Reserve Agents ____________ _ Choethckers Bfoanr kCs l_e__a_r_i_n_g___a__n_d_ _Due from Cash Items _________________________ _ Overdrafts ______________________________ _
Admvoadnicteieso_n__C__o_t_t_o_n___a_n_d_ _other Com-
Customers Liability on Letters of Credit and Acceptances__
Profit and Loss __ Other Resources

62,603.71 None None None None
1,250.00 4.400.00 47,719.17
None None 37.15 7,877.99 None None None

TotaL ______ _

123,888.02 - - - - - - - - - - - - - - - - - - - - - - - . $

LIABILITIES:

CCaappiittaall NStootceks __-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ ---$ 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

BillsPayable________

----------

Notes and Bills Rediscounted ______ __

Other LiabilitieS---------------- _______ _

2-5-,-0-N-0-0-o-.-(n-)-(e-)-
12,500,()() 66!.99 None None None 180.29 None
64.878.48 20,667.26
None
None None None None

TotaL.

----------------$ 123,888.02

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF CONYERS Conyers, Ga.

As called for by the Superintendent of Banks.

W. T. BALDWIN, President,
Date of Charter: 11-1-1904

M. W. HULL, Cashier.
Began Business: 12-19-1904

RESOURCES:

Loans and Discounts______

------$

State of Georgia and Municipal

Bonds owned___

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

U.S. Government Securities owned __ _

Other Stocks and Bonds owned Banking House and Lot ___ _

Furniture and Fixtures Other Real Estate owned ___ _

Cash in Vault and Amount due from

approved Reserve Agents __

Checks for Clearing and Due from

other Banks. Cash Items ____ _

Overdrafts _____________________________ -

Advance on Cotton and other Commodities ___________ ------ ____________ _

Customers Liability on Letters of

Credit and Acceptances._ Profit and Loss _________ _

Other Resources ________ _

101.164.30 5,000.00 None 17.950.30 2,750.00 850.00 2,034. 75 84,805.52 964.71 None None None None None None

TotaL __________________ _

_____ $ 215,519.58

LIABILITIES:

CCaappiittaall SNtootceks. -_-_-__-_-_-_-_-_-_-_-_-_-___ _ _____ $

SUunrdpilvuisd eFduPnrdo_f_i t_s -_-_-_-_-__-_-_-_-_-_-_-_-_-_-_- -_- -

Reserve Funds.__

___________ _

Due to Banks___ _ Dividends Unpaid. Cashier's Checks Certified Checks __ _ Demand Deposits _________ _ Time Certificates of Deposits.. Savings Deposits __ _

Letters of Credit and Acceptances BielxlsePcuatyeadbfloer__C__u_s_t_o_m__e_r_s_._-_---_

Notes and Bills Rediscounted ___ _ Other Liabilities_____ . ___________ _

30,000.00 None
6,000.00 4,302.09 3,000.00
None 3,000.00
260.47 None 132,093.33 31,401.44 5,462.25 None None None None

TotaL. __________________________________ $ 215,519.58

NINETEENTH ANNUAL REPORT

33

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF ROCKDALE Conyers, Ga.

As called for by the Superintendent of Banks.

G. C. SIMS, President.
Date of Charter: 10-15-1891

R. H. STILL, Cashier.
Began Business: 6-1-1901

RESOURCES:

Loans and Discounts.. ---------- .... $ 101.761.00

state of Georgia and Municipal

uBsonGdso voewrnnemde.n. .t -S-ec-u- -r-it i-e- -s-o- -w- -n-e- -d-.-.-.

6. 792.93 4.500.00

Other Stocks and Bonds owned------- 12.582.50

Banking House ~nd Lot ________________ \ 4.500.00

yurniture and Frxtures- --------------- f

Other Real Estate owned______________ 5.650.00

cash in Vault and Amount due from approved Reserve Agents_____________ 143.134.52

Checks for Clearing and Due from other Banks---------------------------
g~:Jrt:Ft';_-~:::::::::::::::::::::::::::

1.385.33
4.~~~~

Advance on Cotton and other Com-

moditieS------------------- -----------

None

customers Liability on Letters of

Credit and Acceptances______________

None

Profit and Loss_________ --------------

None

OtherResources __________ -------------_ _ _N_o_n_e_

TotaL_--------------- ---------------.$ 284.514.26

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 fOT Customers ____________ _
Bills Payable __________________ _

Notes and Bills Rediscounted Other Liabilities ______________ _

25.000.00 None
25.000.00 None None None 697.50 None None
199.708.67 26.811.81 7.296.28
None None None None

TotaL----------- ________________________ $ 284.514.26

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS & MERCHANTS BANK Coolidge, Ga.

As called for by the Superintendent of Banks.

BOYKIN HARRISON,

A. P. MEGAHEE,

President. Date of Charter: 12-18-1911

Cashier. Began Business: 11-20-1911

RESOURCES:

Loans and Discounts.. _________________ $ State of Georgia and Municipal
Bonds owned .. _ --------------------U.S. Government Securities owned __ _ Other Stocks and Bonds owned Banking House and Lot. __ _ Furniture and Fixtures Other Real Estate owned _______ --- ___ _ Cash in Vault and Amount due from
approved Reserve Agents ___ . ____ --- __ Checks for Clearing and Due from
other Banks ___ -----------Cash Items _____ _ Overdrafts.. ________ --------------------Amdvoadnicteieso_n__C__o__t_t_o_n___a_n__d___o_t_h_e__r__Co- m- -
Customers Liability on Letters of Credit and Acceptances_____________ _
Profit and Loss ______________ _
Other ResourceS----------- -

34.294.58
None 17.933.75
None 2.500.00 2.000.00 21.160.77
37.550.69
10.250.00 None None
1.737.88
None None None

TotaL.. ___________ _

________ $ 127.727.67

LIABILITIES:
Capital Stock ------------------- ______ $ CSuarppitlauls NFoutneds __-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_____ Undivided Profits ___________ _ Reserve Funds. ________ _ Due to Banks.. Dividends Unpaid. Cashier's Checks__ Certified Ch0cks _ Demand Deposits _______________ _ TSaimviengCseDrtiefpicoastietss_o_f__D_e__p_o_s_i_t_s_________ _ Letters of Credit and Acceptances BielxlsePcuatyeadbfloer..C. _u_s_t_o__m__e_r_s___________.___. ___. ___. __._ Notes and Bills Rediscounted .... ____ _ Other Liabilities _______________________ _

25.000.00 23.625.00
None 2.fi7H.75 1.-82 .01
None None 475.03 None 42.778.32 31.6!10.56 None
None None None None

TotaL.... -- __ -- __ ...... ______________ $ 127.727.67

34

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CORDELE BANKING COMPANY Cordele, Ga.

As called for by the Superintendent of Banks.

J. H. CHILDS, President.
Date of Charter: 5-31-1927

THOS. T. LYTLE, Cashier.
Began Business: 6-15-1927

RESOURCES:

LIABILITIES:

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

Loans and Discounts___________________ $ 117,664.81

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

4.500.00

Other Real Estate owned _________ _

None

Cash in Vault and Amount due from

approved Reserve Agents_

273,148.00

Choethckesr BfoarnkCs l_e__a_r_i_n_g___a__n_d___D_ _ue from Cash Items ____________________ _ Overdrafts___________________ _

23,502.33 None 2.97

Advance on Cotton and other Com-

modities___

___

----------- 55,039.16

Customers Liability on Letters of

Credit and Acceptances_____________ _ Profit and Loss _________________________ _ Other Resources __________________ _

None None None

------------- Capital Stock________

___ $

Capital Notes ______ _

Surplus Fund _____ _

Undivided Profits ____ _

Reserve Funds _______ _

Due to Banks ____________________ _

Dividends Unpaid _______________ _ Cashier's Checl;s __________________ _ Certified Checks _______________________ _

Demand Deposits--------------------- __ Time Certificates of Deposits _________ _

Savings Deposits ______ ----------------Letters of Credit and Acceptances

25.000.0() None
7.500.0()
2.627.37 None None 28.0()
2.425.9(1 None
337.861.83 48.278.17 50.135.94

executed for Customers _____________ _ Bills Payable ___________________________ _ Notes and Bills Rediscounted ________ _ Other Liabilities__________ ___________ _

None None None None

TotaL. ------------- ______ $ 473,857.27

TotaL.----------------------------------$ 473,857.27

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CORNELIA BANK Cornelia, Ga.

As called for by the Superintendent of Banks.

0. E. FLOR, President.
Date of Charter: 7-3-1900

W. V. GRANT, Cashier:
Began Business: 8-4-1900

RESOURCES:

Loans and Discounts________ - - - - - $ 267.189.28

State of Georgia and Municipal

Bonds owned.. ___________ ---------- 1,142.89

U. S. Government Securities owned __ _ 121,583.23

Other Stocks and Bonds owned----

None

Banking House and Lot _______________ _ 10,000.00

Furniture and Fixtures __________ _

3,450.00

Other Real Estate owned ___ _

31,205.16

Cash in Vault and Amount due from

approved Reserve Agents.-

99,798.33

Choethcekrs Bfoanr kCs _le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items ____________________________ _ Overdrafts ______________________________ _

7,815.19 318.32
1,384.13

Advances on Cotton and other Com-

modities.------------------------------ 9,142.18

Customers Liability on Letters of

Credit and Acceptances_____________ _ Profit and Loss_________________________ _ Other Resources _______________________ _

None None 300.00

TotaL __ ---------------------------------$ 553,328.71

LIABILITIES:

Capital Stock____________

_______ $ 40,000.00

Capital Notes.-----

35,000.00

SUunrdpilvuisdeFduPndro_fits--_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

4,000.00 12,489.62

Reserve Funds _________________ -------Duo to Banks ___________________________ _ Dividends Unpaid _____________________ _

7,709.90 None None

Cashier's Checks _______________________ _

598.31

DC eermt iaf inedd DCehpeocskist s_____________________-_-_-_-_-_-_-_-_-_-_-_- -_

None 275,353.79

Time Certificates of DEposits_________ _ 40,240.54

Savings Deposits _______________________ _ 137,936.55

Letters of Credit and Acceptances executed for Customers _____________ _
Bills Payable ___________________________ _

None None

ONothteesr aLnidabBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d_-_-_-__-_-_-_-_--_

None None

TotaL------------------------ _____ $ 553,328.71

NINETEENTH ANNUAL REPORT

35

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF COVINGTON & TRUST CO. Covington, Ga.

As called for by the Superintendent of Banks.

R. R. FOWLER, Sr., President.
Date of Charter: 4-4-1901

J. E. PHILIPS, Cashier.
Began Business: 4-1901

RESOURCES:

Loans and Discounts. _________ $ 233.065.91

state of Georgia and Municipal

Bonds owned.. - - --- -

- -- 37.000.00

U.s. Government Securities owned ... 217,898.11

Other Stocks and Bonds owned_---- __ 112,449.02

Banking House and Lot ______ .. _______ _

None

Furniture and Fixtures _______________ _ 4,597.79 Other Real Estate owned _____________ _ 2,600.72

cash in Vault and Amount due from

approved Reserve Agents ------------ 353,879.76

Choethckesr Bfoanr kCs _le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ 8,233.88

cash Items_______________ --------------

752.31

Overdrafts_____ ------------ -------------

None

Amdvoadnicteieso-n-- _C_o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _- 3'1,656.33

customers Liability on Letters of

Credit and Acceptances _____________ Profit and Loss _______________________ Other Resources _______________________

_ _ _
-

-

None None
-N-on-e

TotaL----- - ___________________________ $1,005,134.16

LIABILITIES:

Capital Stock ___________________________ $ 100,000.00

Capital Notes.--------------------------

None

SUunrdpilvuisdeFduPnrdo-f-i-t-s-_-_-_-_-_-___-_-_-_-_-_-_-_-_-__-_-_-_-_--_

25.000.00 9.398.85

RDeuseertoveBFaunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_

25,000.00 None

Dividends Unpaid------------

8,000.00

CCearsthifieierd's CChheecc]k{sS____-_-_-_--_-_-_-_-_--_-_-_-_-_--_-_-_-____ Demand Deposits ______________________ _

6,626.13 None
647,665.83

Time Certificates of Deposits_________ _ Savings Deposits_______________________ _

None 183,439.58

Letters of Credit and Acceptances

executed for Customers _____________ _

None

Bills Payable.---------------------- ____ _

None

Notes and Bills Rediscounted ________ _

None

Other Liabilities------------ ___________ _

3.77

TotaL._-_-_-_------------------------_- .$1, 005,134 .16

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE COMMERCIAL BANK Crawford, Ga.

As called for by the Superintendent of Banks.

M. BLANCHARD, President.
Date of Charter: 9-2-1924

E. H. FURCRON, Cashier.
Began Business: 9-5-1924

RESOURCES:

Loans and Discounts___________________ $ StBaotendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l
U.S. Government Securities owned... BOathnekrinSgtoHckosusaendanBdoLndost _o__w__n_e__d____-_-_-_-_--_ Furniture and Fixtures ... ____________ _ Other Real Estate owned. ____________ _ Cash in Vault and Amount due from
approved ResHve Agents____________ _ Choethckers Bfoanr kCs l_e__a_r_i_n_g___a__n_d___D__u__e__f_r_o_m-Cash Items __________ --------------------Overdrafts.. _______ ---------------------Advance on Cotton and other Com-
modities _________ ---------------------Customers Liability on Letters of
Credit and Acceptances_____________ _
POrtohfeitr aRnedsoLuOrcSeSs-.-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-----------

99,789.27 None None None
1.500.00 1. 900.00
700.00 61,549.52
None !i6.00 59.81 33,384.13 None None None

TotaL ___________________________________ $ 198,938.73

LIABILITIES:
Capital Stock---------------------------$ Capital Notes--------------------------Surplus Fund _____________ -------------Undivided Profits ______________________ _ Reserve Funds .... _ ------------------DDiuveidtoenBdasnUksn-p-a--i-d-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Cashier's Checks_____________________ _ DCeermtiafineddDCehpeocskists--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_______________ __ 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 7.000.00 5,000.00
402.48 3,500.00
None 276.00 779.65 None 98,233.42 5,578.93 63,168.25 None None None None

TotaL.. -- _____ ---------- .. -- ........ -- .. $ 198,938.73

36

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF CUMMING Cumming, Ga.

As called for by the Superintendent of Banks.

ROY P. OTWELL President.
Date of Charter: 10-11-1904

B. L. REDD Cashier. '
Began Business: 10-19-1904

RESOURCES:

Loans and Discounts.... --- .......... $ 60,594.67

State of Georgia and Municipal

Bondsowned..

----

None

U. S. Government Securities owned... 5,000.00

Other Stocks and Bonds owned

None

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

4.000.00

Furniture and Fixtures

2,000.00

Other Real Estate owned-----

14,973.52

Cash in Vault and Amount due from

approved Reserve Agents _____ _

ll2 '923 .06

Checks for Clearing and Due from

other Banks......

130.40

Cash Items.. ---------------------

None

Overdrafts____________

---------

207.46

Advance on Cotton and other Com-

modities. ----------

16,430.56

Customers Liability on Letters of

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

None

Profit and Loss.

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

None

Other Resources- . __ ----------------- 11,475..19

Total

- - - - - - - - - - -. $ 227' 735.16

LIABILITIES:

Capital Stock_--- ______________________ $ 15,000.00

SCuarppiltuals NFuotneds__.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Undivided Profits ______________________ _
Reserve Funds--------- . Due to Banks ___ _ Dividends Unpaid ... Cashier's Checks. Ce1 tified Checks_

173,.o9o0o0..o0o0 2.092o6o..7o4o
None None
No~!

Demand Deposits ____ ---------------- __ _ STaimviengCseDrteifpiocasittess_o__f_D__e__p_o__s_i_tS__-_--. -_-_______ __ Letters of Credit and Acceptances

l 19 '~g~ .35 18,._o.51 20,923.42

executed for Customers _____________ _ Bills Payable _________________ _ Notes and Bills Rediscounted ________ _ Other Liabilities ___________ . ___________ _

None None None None

TotaL _______ _

---
___ $ 227.735.16

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK Cuthbert, Ga.

As called for by the Superintendent of Banks.

P.M. REID,

W. E. CONEY,

President.

Cashier.

Date of Charter: 2-7-1938

Began Business: 3-1-1938

RESOURCES:

Loans and Discounts.... __ -- ______ - .. $ 69,223.31

State of Georgia and Municipal

Bonds owned... _________ .. - __ -- __ _ 6,627.35

U.S. Government Securities owned ... 8,199.18

Other Stocks and Bonds owned---- __

None

Banking House and Lot .... ___________ _ Furniture and Fixtures- ______________ _ Other Real Estate owned _____________ _

2,425.00 1,896.93
None

Cash in Vault and Amount due from

approved Reserve Agents_________ _ 141,810.99

Checks for Clearing and Due from

C aosthh eIrt eBmasn_k__s_______-__-__-__-__._.__________________-__-_ ____ Overdrafts..... __ . ______________________ _

767.79 None 361.37

Advance on Cotton and other Com-

modities __ ....... _____ . ________ -------- 18,1G9.60

Customers Liability on Letters of

Credit and Acceptances__________ _ 3,416.49

Profit and Loss.- _____ - - - - - - -

None

Other Resomces ... - _______ .. - - _____ _

None

TotaL.. --------- ____ -------- __ -- .. -- .. $ 252,958.01

LIABILITIES:

Capital Stock--------------------- .. $ 25.000.00

Capital Notes ----------------------

None

USunrdpilvuisdeFduPnrdof-i-ts--_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-___ _

7.000.00 2,526.29

Reserve Funds-------------------------- 1,500.00

DDuiveidtoenBdasnUkns p-a--i-d--_-__-_________-_-_-_-_-_-_-_-_-_-_-_-_--_

None None

Cashier's Checks-----------------

272.92

Certified Checks ---------------

None

Demand Deposits_ - - __ - - _

198,432.31

Time Certificates of Deposits.. __

14,810.00

Savings Deposits.... __ - .. _ - - - _

None

Letters of Credit and Acceptances

BielxlsePcuatyeadbfloe.r-Customers___-_-__-__-__-__-__-_

3,416.49 None

Notes and Bills Rediscounted ________ _ Other Liabilities_______________________ _

None None

TotaL___________________________________ $ 252,958.01

NINETEENTH ANNUAL REPORT

37

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF DAHLONEGA Dahlonega, Ga.

As called for by the Superintendent of Banks.

J. F. PRUETT, President.
Date of Charter: 5-27-1914

J. F. SANDERS, Cashier.
Began Business: 5-1914

RESOURCES:

Loans and Discounts. __________________ $ 133,875.93

state of Georgia and Municipal

u.BSo.nGdsovoewrnnemde.n--t-S--e-c--u-r-i-t-i-e-s--o-w--n_e__d_._._.

30.275.00 15,000.00

Other Stocks and Bonds owned_--- .. 1,000.00 Banking House and Lot _______________ _ 1,000.00

Furniture and Fixtures _______________ _ Other Real Estate owned _____________ _

1.00 100.00

cash in Vault and Amount due from approved Reserve Agents ____________ _ 72,394.08

Checks for Clearing and Due from

CaosthheIrteBmasn_k__s_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_---_overdrafts.. ______________ ..

None None
6.94

Advance on Cotton and other Com-

modities.

_ ...... - .... __ .. __ ..

None

customers Liability on Letters of

Credit and Acceptances.... __ .. _____ _ Profit and Loss ... _____ .. _______________ _ Other Resources _______________________ _

None None None

-----

TotaL _____ -------- ____________ -- ________$ 253,652.95

LIABILITIES:

CCaappiittaall SNtootceks___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_$ Surplus Fund __________________________ _
Undivided ProfitS------ ---------------Reserve Funds--------------- _________ _ Due to Banks_________ -------------- .. __ DC ai vsihdieenr 'ds sCUhne cpkasi d__-_-_-_-_- _- -_-_-_-_-_-_-_-_-_-_-_-_-_-_- -_ 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
5,000.00 11,167.26
None None None 72-1.90 None 167,386.42 5-1,374.37 None None None None None

TotaL __________________ _ - - - ______ $ 253,652.95

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF DALTON Dalton, Ga.

As called for by the Superintendent of Banks.

W. C. MARTIN,

JAMES J. COPELAND,

President. Date of Charter: 12-21-1911

Cashier. Began Business: 10-12-1912

RESOURCES:

Loans and Discounts___________________ $ 342,165.32

StBaotendsoof wnGeedo.r.g..ia. ___a_n__d____M__u__n_i_c_i_p__al_

None

U.S. Government Securities owned___ 5,950.06

Other Stocks and Bonds owned ______ _ 7,800.00

Banking House and Lot---------------- 15,700.00

Furniture and Fixtures---------------- 3,800.00

Other Real Estate owned-------------- 34,100.00

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 232,268.13

Checks for Clearing and Due from

other Banks-- .... _._._._._ .. ____ .-.-.Cash Items ______________________________ _

3,077.95 4,7ll.14

Overdrafts.. _...... ______ .- ..... --- ..... -

325.86

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 ____________________________________ $ 649,898.46

LIABILITIES:

CCaappiittaall NStootceks___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_$ Surplus Fund __________________________ _ Undivided Profits ______________________ _

50,000.00 None
15.000.00 3,394.08

Reserve Funds _____ ------------ _____ ---Due to Banks ___________________________ _ Dividends Unpaid _____________________ _

1,000.00 None
1,250.00

Cashier's CheckS---- ______ ------------ __

738.16

Certified Checks __________ --------------

None

TDiemmeaCnderDtiefipcoastietsSo--f-D--e--p-o-s--it-s-_-_-_-_-_-_-_-_-_--_ Savings Deposits ___ ------- _____________ _

358,416.92 57,847.14 162,252.16

Letters of Credit and Acceptances

executed for Customers_------------Bills Payable... ____ --.-- _____ ----------

None None

NOothteesr aLnidabBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d__-_-_--..._._____

None None

TotaL-.-------- .. ---------------------$ 649,898.46

38

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

HARDWICK BANK AND TRUST COMPANY Dalton, Ga.

As called for by the Superintendent of Banks.

G. L. HARDWICK, President.
Date of Charter: 2-17-1922

R. H. SAPP, Cashier.
Began Business: 2-20-1922

RESOURCES:

Loans and Discounts................... $ 446,045.75

StBatoendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l 46.170.71

U. S. Government Securities owned... 396,141.38

Other Stocks and Bonds owned ...... . 220,833.87

Banking House and Lot ................ 57,000.00

Furniture and Fixtures.-------- 3,821.65

Other Real Estate owned.------------- 45,655.19

Cash in Vault and Amount due from

approved Resmve Agents............. 392,565.14

Checks for Clearing and Due from

CaosthheItreBmasn_k__s_-_-__-_-_-_-_-_-_-_-_-_-__-_-_-_-_-________-_ Overdrafts ______________________________ _

None None 665.68

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...... _____________ ._ ......... ______ .$1,608,899 .37

LIABILITIES:

Capital Stock .............. ____ ........ $ Capital Notes ............... __________ .. Surplus Fund ... ______ -----------------

100,000.00 None
75,000.00

Undivided Profits.............. _ . . 10,436.59

Reserve Funds ...... -- ........... -DD iuvei dt oe nBdasnUkns .p.a.i.d. ._.__._._-_-___..__--__--__. .__-_-_-_- _. ._

None 72,713.11 5,000.00

Cashier's Checks...... --- .. -......... --. 1,047.04

Certified Checks------------------------

571.65

Demand DepositS------------------ .. 602,231.09

Time Certificates of Deposits.......... 39.135.99 Savings Deposits. __ ..................... 702,763.90

Letters of Credit and Acceptances

executed for Customers.------------Bills Payable... _------------ ........... Notes and Bills Rediscounted ......... Other Liabilities.. _......... _...........

None None None None

Total............ --.- ............. -....... $1,608,899.37

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF DANIELSVILLE Danielsville, Ga.

As called for by the Superintendent of Banks.

R. C. GRIFFITH, President.
Date of Charter: 12-11-1907

R. C. GRIFFITH, Cashier.
Began Business: 1-15-1908

RESOURCES:

Loans and Discounts...................$ 33,583.70

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 Real Estate owned ............ __ 5,387.08

Cash in Vault and Amount due from

approved Reserve Agents..... ____ .... 64,632.70

Checks for Clearing and Due from

other Banks ............. -- .. 15,810.75

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

174.50

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

625.11

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................................$ 139,213.84

LIABILITIES:

Capital Stock .......................$ 15,000.00

Capital Notes.--------------------------

None

Surplus Fund .......................... 8,000.00

Undivided Profits.......... --- __ ....... .

125.00

Reserve Funds.------------------------

None

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

None

Dividends Unpaid .....-----------------

None

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

52.08

DCeermtiafineddDCehpeocskist.s..._._._._._____._._._._.__--__._._..___

None 104,463.58

Time Certificates of Deposits......... . 11,573.18

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

None

Letters of Credit and Acceptances

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

None

Bills Payable...................--------

None

Notes and Bills Rediscounted ........

None

Other Liabilities.....----..........

None

Total....... ___ .. ___ ............ ___ ...$ 139.213 .84

NINETEENTH ANNUAL REPORT

39

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE DARIEN BANK Darien, Ga.

As called for by the Superintendent of Banks.

C. M. TYSON, President.
Date of Charter: 12-8-1888

D. E. LANE, Cashier.
Began Business: 1-24-1889

RESOURCES:

~~tBSatoe-nd-soof-w-nGe-edo-_r_g_-i_a_-___a-_n__-d__-__M_-_u-n- i--ci--pa-$l
u s Government Securities owned __ _
Oth~r Stocks and Bonds owned _____ _ Banking House and Lot_ __________ __ Furniture and F1xtures _______________ _

96,751.96
12,000.00 23,375.00
None 1,000.00
700.00

other Real Estate owned_------------- 1,433.90 CaasphprionvVedauRletsaernvde AAmgeonutsn_t__d_u__e__f_r_o__m_ 52,132.83

Checks for Clearing and Due from other Banko-------------- ------------
Cash Items_____ -------------------------

None None

overdraftS----- ------------ --- ------

2.63

Advance on Cotton and other Com-

moditieS---------- --- - - --- -------Customers Liability on Letters of
Credit and Acceptances.. ______ - ___ _

None None

rft~~

~~o~~~es

~::::

::~:::::

::::::::::: -

-

None
N-on-e

Total------------------------------------$ 187,396.32

LIABILITIES:
Capital Stock---------------------------$ Capital Notes ____ - - - - - _ - - - - Surplus Fund .. - - - - ----- - - - - -Undivided Profits... -------- __ -Reserve FundS-------------- __ ---Due to Banks---------------------------Dividends Unpaid--------- ____ - Cashier's Checks__ - _ -- - - - - ---Ccltified 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 None
5,000.00 5,000.00
None None 1,000.00 3,165.15 None 81 '9fl4 .96 872 0 78 62,393.43
None None None None

TotaL.. ____ --- ________ ------------------$ 187,396.32

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF DAWSON Dawson, Ga.

As called for by the Superintendent of Banks.

M. C. EDWARDS, President.
Date of Charter: 6-29-1911

J. E. KING, Cashier. Began Business: 7-1-1911

RESOURCES:

Loans and Discounts___________________$ 336,653.84

StBaotendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_P__a_l 4,387.55

U. S. Government Securities owned __ _ 33,417.54

Other Stocks and Bonds owned-------

None

Banking House and Lot---------------- 24,000.00

Furniture and Fixtures.--------------- 1,500.00

Other Real Estate owned-------------- ll,906 .12

CaasphprionvVedaRuletsearnvde AAmgeonutns_t__d_u__e__f_r_o__m_ 280,858.27

Checks for Clearing and Due from

CoasthheItreBmasn_k__s___-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-----------------

13,778.61 None

Overdrafts _______ --_---------------------

None

Advance on Cotton and other Com-

modities _______________ -- __ --- ___ ------ 105,877.33

Customers Liability on Letters of

PrCorfietdaitnadnLdoAssc_c__e_p_t_a_n__c_e_S__-_-_-_-_-_-_-_-_-_-_-_-_--_

None None

Other TotaL

R__e__s_o_u__r_c_e_s_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_--.- $ 8-12 ,3N-7o9.n2-e6

LIABILITIES:

g~gu~~ ~tgt~~= ::::::::::::::::::::::::::$

100,000.00 None

USunrdpilvuisdeFduPnrdo_f_i_t_s__-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-______ __

20,000.00 2,452.12

Reserve Funds--------------------------

None

Due to Banks---------------------------- 2,466.85

Dividends Unpaid----------------------

424.00

Cashier's Checks------------------------ 2,515.16

CDeermtiafineddDCehpeocskists--_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-______ __ Time Certificates of Deposits_________ _ Savings Deposits _______________________ _

None 543,776.93
98,476.16 42,268.04

Letters of Credit and Acceptances

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

None

Bills Payable _________ ------------- _____ _ Notes and Bills Rediscounted. _______ _ Other Liabilities _______________________ _

None None None

TotaL ______ --------------------- _________ $ 812,379.26

40

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF TERRELL Dawson, Ga.

As called for by the Superintendent of Banks.

W. B. HALEY, President.
Date of Charter: 3-23-1936

R. C. SHEPHERD Cashier. '
Began Business: 4-28-1936

RESOURCES:

Loans and Discounts___________________ $ 94,202.23

StBatoendsoof wGneedo.r.g.i.a____a_n__d____M__u__n_i_c_i_p__a_l 3,351.72

U.S. Government Securities owned... 5. 500.00

BOathnekrinSgtoHclo<us saenadnBdoLnodts_o__w__n_e__d____-_-_-_-_--_

None 5.000.00

FOuthrneirtRureealaEndstaFtiextouwrensed-_-_-_-_-_-_-_-_-_-_-_-_-_--_

3,859.49 None

Cash in Vault and Amount due from approved Reserve Agents ____________ _ 11-1,315.57

Checks for Clearing and Due from

CaosthheIrteBmasn_k__s_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_--_ Overdrafts _____________________________ _

lOG .19 None
2.64

Admvoadnicteieso_n__C__o_t_t_o_n___a_n__d__o__t_h_e_r__C__o_m_ _- 1,398.71

Customers Liability on Letters of

Credit and Acceptances _____________ _ Profit and Loss _________________________ _

None None

Other Resources------------------------

None

TotaL __________________________________ $ 227.739.55

LIABILITIES:

Capital Stock _____________ ------ ________ $ Capital Notes __________________ --------USunrdpilvuisdeFdunPdro-f-i-t-s-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_

2--5-,-0-0-0-,-0-Q-None 5,000.00
409.86

DReuseetroveBFaunnkdss__.-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_ Dividends Unpaid. ____________________ _ Cashier's Checks _________ ------ ________ _ Certified Checks---- _______ -- __________ _ Demand Deposits __________ - ___________ _
Time Certificates of Deposits _________ _

1,576.33 None None 486.79 4.50
109.178.27 48.857.07

Savings Deposits___________ ----------- 37,226.73

Letters of Credit and Acceptances

executed for Customers_------------Bills Payable ______________ .. -----------Notes and Bills Rediscounted. _______ _ Other Liabilities __________ -- __________ __

None None None None

----
TotaL-. ____ ------------------------- ____$ 227.739.55

STATEMENT Showing condition at the close of Business December 31, 1938, of the

COMMERCIAL STATE BANK Donalsonville, Ga.

As called for by the Superintendent of Banks.

L. R. ROBINSON, President.
Date of Charter: 10-21-1938

D. F. WURST, Cashier.
Began Business: 12-16-1938

RESOURCES:

Loans and Discounts ___________________ $ 24,393.44

State of Georgia and Municipal

Bonds owned-------------------------U.S. Government Securities owned ... Other Stocks and Bonds owned ______ _

None None None

Banking House and Lot---------------Furniture and FixtureS----------------

None 632.50

Other Real Estate owned-------------Cash in Vault and Amount due from

None

approved Reserve Agents. ----------- 59,416.49

Checks for Clearing and Due from other Banks ___________ -----___________

None

Cash Items_______________________________

None

Overdrafts ____________ --------- ______ --__

None

Advance on Cotton and other Commodities ___________ -----------_________

None

Customers Liability on Letters of Credit and Acceptances______________

None

Profit and Loss__________________________

None

Other Resources________________________- -6-76.0-0

TotaL .... _______ ---------------- ___ ----.$ 85 ,liS .43

LIABILITIES:
Capital Stock _________ ---------- ________$ Capital Notes _____ ------------ _______ --Surplus Fund -------------------------Undivided Profits.. ________ ---- ___ ---- __ Reserve Funds ___________ --- __________ __ Due to Banks __ ------------------------Dividends Unpaid __________ ---------- __ Cashier's Checks... _____ -------_-------Certified Checl's ______ ------ _________ . __ Demand Deposits----_---_-- _________ --Time Certificates of Deposits _________ _ Savings Deposits ______________________ __ Letters of Credit and Acceptances
executed for Customers.------------Bills Payable __________ ------------ __ ---Notes and Bills Redispounted --------Other Liabilities ______ ---------- ____ ----

25,000.00 None
2,500.00 2,954.28
None None None 616.50 None 51,047.65 None None
None None None None

Total. _______ .. _.. -.-------------------- __$ 85,118.43

NINETEENTH ANNUAL REPORT

41

STATEMENT Showing condition at the close of Business December 31, 1938, of the

MERCHANTS & FARMERS BANK Donalsonville, Ga.

As called for by the Superintendent of Banks.

P. S. CUMMINGS, President.

Date of Charter: 9-24-1925

==--

RESOURCES:

Loans and Discounts ___________________$ 191,982.90

state of Georgia and Municipal

Bonds owned ____ ---------------------- 10,677.21

U.s. Government Securities owned __ _

None

Other Stocks and Bonds owned ______ _ Banking House and LoL ______________ _ Furniture and Frxtures _______________ _ Other Real Estate owned _____________ _

None 6,000.00 3,421.00
None

Cash in Vault and Amount due from approved Reserve Agents____________ _ 23,643.22

Checks for Clearing and Due from

otherBanks --------------------------

None

Cash Items _____ --------------------------

None

Overdrafts __ -----------------------------

None

Advance on Cotton and other Com-

modities------------------------------Customers Liability on Letters of
Credit and Acceptances _____________ _ Profit and Loss _________________________ _

None None None

Other Resources------------------------

None

-----

TotaL------- ____ ------------------- ______ $ 235,724.33

E. T. KELLY, Cashier.
Began Business: 9-24-1925

LIABILITIES:

Capital Stock ___________________________$ 25,000.00

CSuarppiltuals NFuotneds___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Undivided Profits______________________ _

None 5,000.00 4,871.91

RDeuseetroveBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_--_ Dividends Unpaid _____________________ _

4,ll6.00 None None

CCearsthiifeierd's CChheecckkss_________-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Demand Deposits ______________________ _

3,398.89 None
133,777.98

Time Certificates of Deposits_________ _ Savings Deposits _______________________ _

51,750.00 4,806.55

Letters of Credit and Acceptances

executed for Customers _____________ _

None

Bills Payable ____ -----------------------Notes and Bills Rediscounted ________ _ Other Liabilities _______________ ----- ___ _

None None None

TotaL--------------------------------- ___$ 235.724.33

STATEMENT Showing condition at the close of Business December 31, 1938, of the

COFFEE COUNTY BANK Douglas, Ga.

As called for by the Superintendent of Banks.

0. L. LOTT, President.
Date of Charter: 6-19-1931

H. L. SHANNON, Cashier.
Began Business: 7-1-1931

RESOURCES:

Loans and Discounts ___________________$ 215,780.71

StBaotendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_

None

U.S. Government Securities owned--- 60,609.75

Other Stocl{s and Bonds owned------- 35,250.00

Banking House and Lot _______________ _ Furniture and Fixtures _______________ _

None None

Other Real Estate owned _____________ _

None

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 543,298.74

Checks for Clearing and Due from

other Banks ___________ ---------------- l ,295.29

Cash Items _________________ --------------

None

Overdrafts ______________ -----------------

None

Advance on Cotton and other Com-

modities _____________ --- ___ -_---_------ 40,559.40

Customers Liability on Letters of

Credit and Acceptances _____________ _ Profit and Loss _________________________ _

None None

Other Resources------------------------- - N-on-e

TotaL ____________________________________$ 896,793.89

LIABILITIES:

Capital Stock_--------------------------$ 50,000.00

SCuarppiltuals NFoutneds___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

None 10.000.00

Undivided Profits_____________ ---------- 46,799.06

DReuseetroveBFaunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_

330.34 None

DCaivsihdieenr'dssCUhencpkasi_d_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_

7,500.00 3,317.11

CDeermt iaf inedd DCehpeocskist s- -_-_-_-_-_-_-_-_-_-__- _-_-_-_-_-_-_-_-_-_-_- -_ Time Certificates of Deposits _________ _ Savings Deposits _______________________ _

None 720,943.56
4,585.93 53,317.89

Letters of Credit and Acceptances

BielxlsePcuatyeadbfloer__C__u_s_t_o__m__e_r_s____-_-_-_-_-_-_-_-_-_-_-_--_ Notes and Bills Rediscounted ________ _ Other Liabilities _______________________ _

None None None None

TotaL _________ -------------------- ______$ 896,793.89

42

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS & SOUTHERN BANK OF DUBLIN Dublin, Ga.

As called for by the Superintendent of Banks.

V. B. JENKINS, President.
Date of Charter: 10-29-1928

RESOURCES:

Loans and Discounts ___________________ $ 619,877.49

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_n__al_ 28,550.00

U. S. Government Securities owned __ _ 95,30-1.30

Other Stocks and Bonds owned ______ _ ll ,400.00

Banking House and Lot ______________ __ 15,000.00

Furniture and Fixtures----------------

None

Other Real Estate owned--------------

None

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 335,919.14

Checks for Clearing and Due from

CaosthheItreBmasn_k__s_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_________________ Overdrafts. _____________________________ _

3,311.65 4,961.15
196.20

Advance on Cotton and other Com-

modities __ --------------------------- _ 5,809.50

CuQsrteodmiterasndLAiacbcielpittyancoens__L__e_t_t_e_r_s___o_ f_ Profit and Loss ________________________ __ Other Resources- ______________________

None None 13,315.62

C. U. SMITH,

Vice-President & Cashier.

-----== Began Business: 11-1-1928 LIABILITIES:

Capital Stock---------------------------$~

CSuarPpiltuals NFuontde._s_-_-_-_--_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_- 20 oNooon0e0

Undivided Profits_______________________ 3<495:83

Reserve FundS-------------------------- 16,029.25 DD~IVeItdoenBdasnUknsp-m--d,_-_-_-_-_--_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_- 57,7N55o.n8e3

Cashier's Checks________________________ 33,597.73

Certified Checks________________________

21.75

D~mand DepositS----------,------------ 569,557.47 Time Certificates of DepositS---------- 58,305.16

Savmgs DepositS,----------------------Letters of Credit and Acceptances
executed for Customers _____________ _ Bills Payable ____ -------------- _________ _ NOothteesr aLniadbBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d__.______________ __

246,882.03 None None None None

TotaL._._.---- _____ ......... _. ______ ._ ...$1,133 ,645.05

TotaL... ---------------------------.-- ..$1,133,6'5.05

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS & MERCHANTS BANK Dublin, Ga.

As called for by the Superintendent of Banks.

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

B. F. HERNDON, Cashier.
Began Business: 7-6-1910

RESOURCES:

Loans and Discounts ___________________ $ 123,008.91

State of Georgia and Municipal

Bonds owned--------------------------

500.00

D. S. Government Securities owned __ _ 6L,l89 .97

[BOat nhke ri nSgt oHcokus saenadnBdoLnodts_o__w__n__e_d_-_-__-_-_-_- -_ Furniture and Fixtures _______________ _

None 1,000.00 1.859.45

Other Real Estate owned-------------- 5,618.63

CaasphprionvVedauRletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_ 152,274.70

Checks for Clearing and Due from

other Banks.--------------------------

30.57

Cash Items.. ---._._---_ .. _._. __ -_.-.-----

28.54

Overdrafts. _____ ---_ ...... _.. -__________ .

122.65

Admvoadnicteieso_n___C__o_t_t.o_n._.a_n. _d_ .o..t_h_e__r__C__o_m_ .-

None

Customers Liability on Letters of

PrCofrietdaitnadnLdoAssc_c__e_p_t_a__n_c_e__s_-_-_-_-_-_-_-_-_-_-_-_-_--_

None None

- - - - Other Resources------ -----------------

None

TotaL ________ . ______ --- _____ ._. __ ........$ 351,633 .42

LIABILITIES:

g~~n~l ~tgt~~=====================::::::$

25,000.00 10,000.00

US unrdpilvuisd eFdu nPdr o-f-i-t-s-.-.-.----------_-_-_-_-_-_-_-_-__-_-_- -. -__-

5,000.00 1,160.03

Reserve Funds_------------------------- 5, 792.17

DDiuveidtoenBdasnUksn-p-a--i-d-.--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Cashier's Checks _______________________ _

None None 4,487.24

DCeermtiafineddDCehpeocskists--_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_--_

None 251,283.70

Time Certificates of Deposits....... 48,910.28

Savings Deposits...... ------------------

None

Letters of Credit and Acceptances

executed for CustomerS--------------

None

BNioltlessPaanydabBleil.l.s..R-e--d-i-s-c--o-u--n-t-e-d--.-_-_-_-__-_-_--_

None None

Other Liabilities..... __ .. __ _______

None

TotaL ... -------.------ .. __ . _________ .$ 351 ,633.42

NINETEENTH ANNUAL REPORT

43

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF DUDLEY Dudley, Ga.

As called for by the Superintendent of Banks.

lJ. G. B. HOGAN, President.
Date of Charter: 10-2-1905

RUBERT L. HOGAN, Cashier.
Began Business: 11-1905

RESOURCES:

toans and Discounts ___________________ $ stBatoendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_
u s Government Securities owned...
BOathnekrinSgtoHckosusaenadnBdoLnodts_o__w__n_e__d_____________ __ Furniture and Fixtures---------------Other Real Estate owned-------------caasphprionvVedaRuletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ Checks fo1 Clearing and Due from
other Banks---------------------------
g~~Ji::Ft;-_:::::::::::::::::::::::::::::
Advance on Cotton and other Commodities-------------------------------
customers Liability on Letters of PrCofrietdaitnadnLdoAssc_c__e_p_t_a__n_c_e__s_-_-_-_-_-_-_-------- ----
Other Resources------------------------

85.959.79
6.643.00 5,000.00
None 900.00 900.00 400.00
17.028.57
None None 40.85
558.22
None None None

TotaL------------------------------ ..... $ 117,430.43

LIABILITIES:
Capital Stock.------------- ____________ .$ SCuarppitlauls NFoutneds._-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_RUensdeirvviedeFduPnrdosf.i_ts_._______-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Due to Banks ___________________________ _ Dividends Unpaid _____________________ _ Cashier's Checks------.----------------. Certified Checks _____ ------------------DTiemmeaCnderDtiefipcoasteitss-o-f-D--e--p-o--s-i-ts--__-_-_-_-_-_-_-_--_ Savings Deposits.................. ___ .. Letters of Credit and Acceptances
executed for Customers ............ __ Bills Payable... ------------------------Notes and Bills Rediscounted--------Other Liabilities ________ ----------------

15.000.00 2,000.00 2,000.00
981.83 2,161.66
None None 130.54 None 67.682.06 27.474.34 None
None None None None

TotaL----------------------- .. -- .. ----$ 117.430.43

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF EASTMAN Eastman, Ga.

As called for by the Superintendent of Banks.

C. F. COLEMAN, President.
Date of Charter: 12-28-1918

GEO. D. MULLIS, Cashier.
Began Business: 1-2-1919

RESOURCES:

Loans and Discounts....... __ .......... $ 150,459.75

State of Georgia and Municipal

Bonds owned.... ______ ---------------- 28,267.24

U. S. Government Securities owned... 51,100.00

Other Stocks and Bonds owned .......

None

Banking House and Lot---------------- 13,500.00

Furniture and Fixtures---------------- 3,250.00

Other Real Estate owned-------------- 22,500.00

Cash in Vault and Amount due from aJ)proved Reserve Agents ____________ _

210,775.59

Checks for Clearing and Due from

other Banks------------------------ -- 1,617.45

Cash Items......... ____ .-------.---------

49.91

Overdrafts.... ____ . __ -------------------- 2,600.04

Amdvoadnicteieso_n___C__o_t_t.o.n___a_n__d__o__t_h_e__r__C__o_m_ _-

None

Customers Liability on Letters of

Credit and AcceptanceS--------------

None

Profit and Loss--------------------------

None

Other Resources--------------- ........

None

TotaL.... ---- ........................ $ 484,119.98

LIABILITIES:

CCaappiittaall NStootceks ..........._._._._._._._.__-_ _._._._._-__._._._.._._$

40,000.00 23,000.00

Surplus Fund--------------------------- 2.000.00

Undivided Plofits______ -------------- -- 5.493.01

Reserve Funds...... --------------------

500.00

Due to Banks...... __ --------------------

None

Dividends Unpaid---------------------- 2.000.00

Cashier's Checks... -- .. --- ... --.---- .. -- 5,326.48

Certified Checks------------------ .... --

None

Demand Deposits ..... ------------------ 280,079.48

Time Certificates of Deposits......... . 49.003.45

Savings Deposits........ ____ .. ---- .. ---- 76,717.56

Leetxteecrsuteodf foCrreCduisttoamnedrs A__c__c_e_p__t_a_n_c__es_

None

Bills Payable..---------------- ____ .. __ ..

None

Notes and Bills Rediscounted--------

None

Other Liabilities...... __ ----------------

None

TotaL... __________________________ ......$ 484,119.98

44

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF FULTON COUNTY East Point, Ga.

As called for by the Superintendent of Banks.

GEO. F. LONGINO, President.
Date of Charter: 3-22-1934

RESOURCES:

Loans and Discounts....... ____________ $ 569,084.14

State of Georgia and Municipal

Bonds owned _________ --------------- 33,859.12

U. S. Government Securities owned... 64,775.00

BOat hnekri nSgt oHc kosu saenadnBdoLn od st . o__w__n_e__d_-_-_-__-_-_- -_

None 7,424.03

Furniture and Fixtures _________ . . .

2,007.72

Other Real Estate owned_--- ___ . .

None

Cash in Vault and Amount due from

approved Reserve Agents_______ . 372.774.61

Checks for Clearing and Due from

otherBanks ... __ ------------

None

COavsehrdIrtaefmtss._._._._______-_-_-_-_-_-_-_-_--. -_-_-_-_-_-__-_-_-_-_-_-_--_

1,181.81 None

Advance on Cotton and other Com-

modities ... _____ ........... ___ _

None

Customers Liability on Letters of

Credit and Acceptances.. _______ _

None

Profit and Loss -------------------------

None

Other Resources ... -----------------

5,029.52

F. W. COOPER Cashier. '
Began Business: 4-2-1934
LIABILIT~

Capital Stock.---------------- ______ .... $ Capital Notes ..... -- __ ...... ------ _____ _ SUunrdpilvuisdeFdunPdro-f-i-t-s-.-.-.-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_
Reserve Funds-------------------------DD iuvei dt oe nBdasnUk ns .p. .a.i.d- -. .- -_-_-_-_-_-__-_-_-_-_-_-_-_-_-___ ___ 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..... _______ ------------

5N~..., 5o.oo8~
None 1.920.81 5.987.51 2,050.00
7.414.55
605, 171o3o..60'10 None
324,668.8Z
None None None
8.280.4f

TotaL . ______ --------------------------$1,056,135.95

TotaL .. --------------------------------- $1,056,135.95

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS & MERCHANTS BANK Eatonton, Ga.

As called for by the Superintendent of Banks.

L. 0. BENTON, SR., President.
Date of Charter: 10-30-1922

A. F. ADAMS, Cashier.
Began Business: 11-15-1922

RESOURCES:

Loans and Discounts--------------------$ StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_
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 C aosthh eI treBmasn.k. .s.-.-. -_-_-_-_-_-_-_-_-_-_-__- _-_-_-_-_-_-_-_-_-_-_-_- -_ Overdrafts... ___________________________ _
Admvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _-
Customers Liability on Letters of Credit and Acceptances.. ___________ _
Profit and Loss _________________________ _
Other Resources------------------------

67. 819 .59 None
32.759.08 6. 762.50 4,610.00
6:34.24 3,583.03 90.368.57
None 127.05 None None None None None

TotaL--------------------- .. __________ .. $ 206,69:.06

LIABILITIES:

Capital Stock.--------------------------$ 25,000.00

Capital Notes.--------------------------

None

SUunrdpilvuisdeFduPndro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-------------

5.000.00 190.811

Reserve Funds--------------------------

None

Due to Banks----------------------------

None

Dividends Unpaid----------------------

None

Cashier's Checks___________ -------------

514.2'1

Certified Checks---- ____________ ------ __ Demand Deposits ______________________ _

None 1-!8.478.20

Time Certificates of Deposits _________ _ 27.466.98

Savings Deposits.... ___________________ _

Nona

Letters of Credit and Acceptances

executed for Customers--------------

Non6

Bills Payable... ------------------------

Nona

Notes and Bills Rediscounted--------Other Liabilities __________ . . ___ ..

None !3.71

TotaL.. - .. -- . - . - . - ...... - . $ 206.694.1M

NINETEENTH ANNUAL REPORT

45

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF EDISON Edison, Ga.

As called for by the Superintendent of Banks.

L. C. MANRY, President.
Date of Charter: 9-24-1904

THEDFORD TURNER, Cashier.
Began Business: 10-1904

RESOURCES:

r,oans and Discounts....... - - - - - --$ 389,436.91

state of Georgia and Municipal

UBsonGdsovoewrnnemde.n--t-S--e-c--u-r-i-ti

------------es owned __ _

None None

Other Stocks and Bonds owned ______ _ Banking House and Lot _______________ _ FUrniture and Frxtures _______________ _

None 2,000.00
1,000.00

Other Real Estate owned _____________ _

None

cash in Vault and Amount due from approved Reserve Agents ____________ _

106,576.46

ChEcks for Clearing and Due from

other Banks __________ ----------------

568.80

Cash Items- -----------

243.61

overdrafts ..

.84

Advance on Cotton and other Com-

modities-- ----------- ---

8,198.95

customers Liability on Letters of Credit and Acceptances_____________ _

None

Profit and Loss ______ -------------------

None

Other Resources ________ ---------------

None

TotaL------------------ --------------$ 508,025.58

LIABILITIES:

Capital Stock ___________________________ $ 50,000.00

Capital Notes.-------------------------- 19,000.00

USunrdpilvuisdeFduPndro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_------Reserve Funds _________________ _ Due to Banks. __________ _ Dividends Unpaid _____________ _ Cashier's Checks.... _____ ... ___ . _______ _ Certified Checks _______________________ _ Demand Deposits __________________ _

32,000.00
3,359.45
1,393.60 None None 31'4.78 None
233,630.31

Time Certificates of Deposits__ _ Savings Deposits _______________________ _

168,248.75 None

Letters of Credit and Acceptances executed for Customers _____________ _
Bills Payable ___________________________ _ Notes and Bills Rediscounted ________ _ Other Liabilities _______________________ _

None None None 28.69

TotaL.... ----------

... $ 508,025.58

STATEMENT Showing condition at the close of Business December 31, 1938, of the

GRANITE CITY BANK Elberton, Ga.

As called for by the Superintendent of Banks.

W. E. FORTSON, President,
Date of Charter: 12-3-1927

F. S. FORTSON, Cashier.
Began Business 1-3-1928

RESOURCES:

Loans and Discounts ___________________$ 387,867.28

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ 12 '757 .80

U.S. Government Securities owned... 108,332.31

Other Stocks and Bonds owned. _____ _ Banking House and Lot _______________ _

None H,OOO.OO

FOuthrenritRureealaEndstaFtiextouwrense-d--_-_-_-__-_-_-_-_-_-_-_-_--_

3,881.00 2,500.00

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 110,057.35

Checks for Clearing and Due from

other Banks.---------- _______________ _ 7,527.61

Cash Items _____ ... _________ --------------

722.15

Overdrafts ___ .. ______ -----.-------------- 1,044.13

Advance on Cotton and other Com-

modities ____ . ______ -------.------------ H,510.03

Customers Liability on Letters of

Credit and Acceptances _____________ _ Profit and Loss _________________________ _

None None

Other Resources------------------------

None

TotaL _________________________________ ..$ 663,199.66

LIABILITIES:

Capital Stock ___________________________ $ 50,000.00

Capital Notes.--------------------------

None

SUunrdpilvuisd eFdu Pn rdo-f-i-t-s-.-.-_-_-_-_-_-_-_-_-_-_-__-_-_-_- ------ -- -.-.

10,000.00
18,732 .4+

Reserve Funds -------------------------

134.51

Due to Banks____ ------------------------

None

DCaivsihdieenr'dssCUhencp]{aSi.d_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_

None 3,948.81

Certified Chec]{S ___________________ . ----

None

Demand Deposits-----. ______ .---------- 414,121.84

Time Certificates of Deposits _________ _ Savings Deposits ______________________ ..

17,901.85 148,359.81

Letters of Credit and Acceptances executed for Customers_. ___________ _
Bills Payable. _________________________ _

None None

Notes and Bills Rediscounted. _______ _

None

Other Liabilities....... __________ -------

.40

TotaL ..... ______ -----------------------$ 663,199.66

46

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF ELLAVILLE Ellaville, Ga.

As called for by the Superintendent of Banks.

J. H. STEVENS, President.

H. F. DIXON Cashier. '

Date of Charter: 9-10-1910

Began Business: 9-16-1910

RESOURCES:

Loans and Discounts ___________________$ 40,984 .05

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_

None

U. S. Government Securities owned...

None

BOathnekrinSgtoHckosusaenadnBdoLndost.o..w. _n_e__d_-_-_-__-_-_--_ Furniture and Fixtures .... ___________ _ Other Real Estate owned .. ___________ _

None 2,844.57
898.00 None

CaasphprionveVdaRuletsearnvde AAmgeonutsn.t__d_u__e__f_r_o__m_ 105,853.00

Choethckesr BfoarnkCs.l_e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items ______________________________ _

1o.~g~g 1

Overdrafts..... ________ ._ ................

None

Admvoadnicteieso.n.. C__o__t_t_o_n___a_n__d__o__t_h_e__r__C__o_m_ -_ 7,878.07

Customers Liability on Letters of Credit and Acceptances.. ___________ _
Profit and Loss _________________________ _

None None

Other Resources------------------------ 1,481.31

TotaL ..... --------- __________ .. _______ ...$ 169,942 .oo

LIABILITIES:

Capital Stock.--------------............$ Capital Notes_-------------------------Surplus Fund--------------------------Undivided Profits.......................

25.oNooo.n1e10 5,000.110 5.109.92

Reserve Funds.------------------------Due to Banks----------------------------
g~~l~~~-~sc~~~j~~~====::::::::::::::::::
DC eermt iaf inedd DCehepCo]s{iSt s- -.-. -. -_-_-_-_-____________-_-_-_-_-_-_-_-_- -_
Time Certificates of Deposits.......... Savings Deposits ___________ . __ ---------Letters of Credit and Acceptances

None None None None None 103,299.72 31,532.36 None

executed for Customers .............. Bills PaYable __ .... ____ ... __ ....... ___ .. _ Notes and Bills Rediscounted. ______ ._ Other Liabilities.... _________ ... ------ __

None None None None

TotaL.. _______ -------------- ............$ 169,9!2.110

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF ELLIJAY Ellijay, Ga.

As called for by the Superintendent of Banks.

E. T. HUDSON, President.
Date of Charter: 5-21-1914

DOW HAMRICK, Cashier.
Began Business: 6-1-1914

RESOURCES:

Loans and Discounts..................$ 204,476.40

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ 227,227.18

U.S. Government Securities owned... 11,850.00

Other Stocks and Bonds owned ...... . 4.086.67

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

None

Furniture and Fixtures ................ 4.500.00

Other Real Estate owned.------------- 7,130.00

CaasphprionvVedauRletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_ 117.298.89

Choethckesr BfoarnkCs.l_e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items..... ________________ -------- ..

None None

Overdrafts.. --- ____________ .. __________ ..

3.63

Admvoadnicteieso.n...C. o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ -_

None

Customers Liability on Letters of

PrCofrietdaitnadnLdoAssc_c__e_p_t_a_n__c_e_s__._._._._._._._._._._._._. _.

None None

Other Resources------------------------ 3,730.00

TotaL---------------- _____ ..............$ 580,302.77

LIABILITIES:

Capital Stock.--------------------------$ 15.000.00

Capital Notes.---------------------- ___ _ 15,000.00

Surplus Fund--------------------------- 8,000.00

Undivided Profits...................... . 1,022.74

DReuseertoveBFaunnkdss__.-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_ Dividends Unpaid _____________________ _

3,000.00 None None

Cashier's Checks__________ -------------- 2.651.62

DC eermt iaf inedd DCehpeocskist s- -. -. .-.- -_-__- _-_-_-_-_-_-_-_-_-_-_-_-_-_-_- -_

9.54 226,740.28

TSaimviengCseDrtiefpicoastietss_o__f_D__e__p_o_s__i_ts__._._._._._._._._. ._

3,249.64 305,628.95

Letters of Credit and Acceptances

executed for Customers ........ _____ _

None

Bills PaYable ____________ ----------------

None

Notes and Bills Rediscounted ... _____ _

None

Other Liabilities............ __ ----------

None

Total.. _______ ---------- ........ __________$ 580,302.77

NINETEENTH ANNUAL REPORT

47

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FAIRBURN BANKING COMPANY Fairburn, Ga.

As called for by the Superintendent of Banks.

y. H. LONGINO, President.
Date of Charter: 9-14-1891

Y. H. LONGINO Cashier.
Began Business: 1902

RESOURCES:

Loans and Discounts___________________ $ 125.051.14

stBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l

None

u.s. Government Securities owned... 22,500.00

OBathnrkrinSgtoHckosusaenadnBdoLnodts_o__w__n__e_d_._-_-__-_-_--_ FUrniture and Fixtures _______________ _

None 7.000.00 2,000.00

Other Real Estate owned_------------- 11,025.00

Cash in Vault and Amou_nt due from

approved Reserve Agents ____________ _ 37.966.77

Checks for Clearing and Due from

other Banks --------------------------

None

Cash Items _____ --------------------------

124.38

Overdrafts... ---------------------------

None

Advance on Cotton and other Com

modities------------------------------- 6,305.39

Customers Liability on Letters of

PrCofrietdaitnadnLdoAssc_c__e_p_t_a_n__c_e_s___________________________ __

None None

Other Resources _____ -------------------

679 .21

TotaL------------------------------- ____$ 212,651.92

LIABILITIES:

Capital Stock ___________________________$ 25,000.00

SCuarppitlauls NFoutneds __-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Undivided Profits ______________________ _

None 5,000.00 1,107.09

DReuseertvoeBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_ Dividends Unp_aid. ____________________ _ Cashier's Checks. ______________________ _ Certified Checks _______________________ _ Demand Deposits ______________________ _ Time Certificates of Deposits _________ _ Savings Deposits _______________________ _

444.78 None 1,500.00 219.04 None 100,727.85 1,277.53 77,321.02

Letters of Credit and Acceptances

executed for Customers_-------------

None

Bills PaYable ____ ------------------------

None

Notes and Bills Rediscounted---------

None

Other Liabilities______________ ----------

54.61

TotaL----------- ________ ------ __________$ 212,651.92

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS & MERCHANTS BANK Fayetteville, Ga.

As called for by the Superintendent of Banks.

C. D. REDWINE, President.
Date of Charter: 2-16-1906

H. C. HEWELL, Cashier.
Began Business: 3-13-1906

RESOURCES:

Loans and Discounts ___________________$ 125,430.44

State of Georgia and Municipal

Bonds owned--------------------------

None

U. S. Government Securities owned...

None

BOathnekrinSgtoHckosusaenadnBdoLnodst.o__w__n_e__d____-_-_-_-_--_ Furniture and Fixtures. ______________ _

None 2,266.79 2,858.96

Other Real Estate owned-------------- 21,249.91

Cash in Vault and Amount due from

approved Reserve Agents____________ _ 41,155.36

Checks for Clearing and Due from

other Banks---------------------------

None

Cash Items ___________ --------------------

857.25

Overdrafts ______________ ----------------- 4,497.88

Amdvoadnicteieso_n___C_o__t_t_o_n___a_n__d__o__t_h_e__r__C__o_m_ -_ 13,675.07

Customers Liability on Letters of

PrCofrietdaint adnLdoAssc_c__e_p_t_a_n__c_e_S__-_-_-_-_-_-_-_-_-_-_-_-_--_

None 183.34

Other Resources------------------------

936.48

TotaL ___________________________________$ 213,lll.48

LIABILITIES:
Capital Stock. _________________________$
SCuarppiltuals NFuotneds___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Undivided Profits ___________ -----------DR eusee rt ov eBFaunnkds s__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_- -_ Dividends Unpaid. ____________________ _ CCearsthiifeier'ds CChheecckkss_..____________________-_-_-_-_-_-_-_-_-_-_-_--_ 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 None None None None None None 207.65 None
171.716.57 16,187.26
None None None None None

TotaL. __________________________________$ 213,111.48

48

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF FINLEYSON Finlayson, Ga.

As called for by the Superintendent of Banks.

J. W. CONNER, Sr., President.
Date of Charter: 9-20-1910

CLARENCE FINLEYSON, Cashier.
Began Business: 9-20-1910

RESOURCES:

Loans and Discounts ___________________$ 23,082.22

StBaotendsoof wnGeedo.r.g__ia____a_n__d____M__u__n_i_c_i_p__al_

None

U.S. Government Securities owned __ _

None

Other Stocks and Bonds owned ______ _

None

Banking House and Lot. ______________ _

720.00

Furniture and Fixtures_---------------

675.00

Other Real Estate owned_------------- 3.538.80

Cash in Vault and Amount due from approved Reserve Agents ____________ _

3'1.180 .99

Checks for Clearing and Due from

other Banks---------------------------

None

Cash Items _______ ------------------------

None

Overdrafts _______ -- _________ ---_---------

None

Admvoadnicteieso_n___C__o_t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _- 9,617.81

Customers Liability on Letters of

Credit and Acceptances_____________ _ Profit and Loss _________________________ _ Other Resources. ______________________ _

None None None

---Total_ ____________________________________$ 71.814.82

LIABILITIES:
Capital Stock ___________________________$ CSuarppiltuals NFuotneds___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Undivided Profits ______________________ _ RDeuseertoveBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_
DCaivsihdieenr'ds sCUhnecpkasid__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_ Certified Checks ___________________ --- __ Demand Deposits----------------------Time Certificates of Deposits _________ _ Savings Deposits ________________ -------Leetxteercsuteodf foCrreCduisttoamnedrs A__c__c_e_p__ta__n_c_e_s_ Bills Payable ___________________________ _ ONothteesr aLniadbBiliiltliseRs _e_d__i_s_c_o__l_ln__t_e_d__-------_------_-_

15,ooo.o0 _None ".ooo.oo 8.261.49 2oo.oo None 1,5oo.o0 325 .oo None
36.640.91 4,887.42
None
None None None None

TotaL __ _

_____ $ 71,814.82

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE CITIZENS BANK Folkston, Ga.

As called for by the Superintendent of Banks.

WM. MIZELL, President.
Date of Charter: 12-19-1911

R. A. BOYD, Acting Cashier. Began Business 1-4-1912

RESOURCES:

LIABILITIES:

Loans and Discounts ~ __- __- __- _- __- __- __-_- __- __- _- $ -3-3- 5,- 01-5- .6- 2 ----C-a- p- it- a- l S-t- o~ ck-_-_- __- _- _____________________ $

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l 20,160.82

SCuarppiltuals NFoutneds_. _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_____ _

U. S. Government Securities owned __ _ Other Stocks and Bonds owned ______ _ Banking House and Lot _______________ _ OFuthrneritRureealaEndstaFtiexotuwrense.d--_-_-_-_-_-_-_-__-_-_-_-_--_

91,825.00 19.800.00
None 1.000.00
None

Undivided Profits ______________________ _ Reserve Funds _________________________ _ Due to Banks ___________________________ _ Dividends Unpaid _____________________ _ Cashier's Checks _______________________ _

Cash in Vault and Amount due from aPProved Reserve Agents ____________ _ 217,206.39

Certified Checks------- ________________ _ Demand Deposits ______________________ _

Choethckers Bfaonr kCs _l_e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items ______________________________ _ Overdrafts ______________________________ _

217.00 None None

Time Certificates of Deposits _____ _ Savings Deposits _______________________ _ Letters of Credit and Acceptances
executed for Customers _____________ _

Admvoadnicteieso_n___C__o_t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _Customers Liability on Letters of

None

Bills Payable_ ------------------------Notes and Bills Rediscounted ________ _ Other Liabilities _______________________ _

Credit and Acceptances _____________ _ Profit and Loss _________________________ _ Other Resources _______________________ _

None None None

15,000.00 None
15.000.00 20.639.92 15,000.00
None 8.40
1,395.47 None
272,850.41 51i. 8.?4 .60 283.606.03
None None None 4,900.00

TotaL ___________ - _______________________ $ 685,224.83

TotaL __________________________________ $ 685,224.83

NINETEENTH ANNUAL REPORT

49

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK OF FORSYTH Forsyth, Ga.

As called for by the Superintendent of Banks.

H. H. HARDIN, President.
Date of Charter: 2-17-1920

JNO. T. STEPHENS, Cashier.
Began Business: 3-1-1920

RESOURCES:

Loans and Discounts ___________________$ 107.422.35

stBatoendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_P__al_
u.s. Government Securities owned...

36.002.55 25.727.46

Other Stocks and Bonds owned. _____ _

None

Banking House s,nd Lot. ______________ _ 2,680.00

OFuthrneritRureealaEndstaFtrexotuwrnese.d-_-_-_-_-_-_-_-_-_-_-_-_-_--_

208.00 None

caasphprionvVedaRuletsaernvde AAmgeonutsn_t__d_u__e__f_r_o__m_ 105.174.68

Checks for Clearing and Due from

other Banks -------------------------- 2.175.50

g~~JJ:fr~----~~:::::::::::::::::::::::::::

230.76 None

Advance on Cotton and other Com-

modities------------------------------customers Liability on Letters of

None

Credit and Acceptances--------------

None

"bWfei

~~ot~~ses::::::::::::::::::::::::
-

-

None
N-on-e

TotaL------------------------------ ______$ 279.621.30

LIABILITIES:
Capital Stock ______ : ____________________$ SCuarppiltuals NFoutneds._-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_____ __ Undivided Profits ______________________ _ DReuseertvoeBFaunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_ 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. ___ ------------ ___________ _ ONothteesr aLnidabBiliiltliseRs _e_d__i_s_c_o__u_n__te__d_________________ __

40,000.00 None
10.000.00 5,924.93
565. 7l None None 3,240.20 None 219,890.46 None None
None None None None

TotaL... ___________________ ----------_ ..$ 279.621.30

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE FARMERS BANK Forsyth, Ga.

As called for by the Superintendent of Banks.

R. T. PERSONS, President.
Date of Charter: 3-9-1910

R. J. BITTICK, Cashier.
Began Business: 1910

RESOURCES:

Loans and Discounts___________________$ 131,829.19

StBaotendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_

None

U.S. Government Securities owned...

None

BOathnekrinSgtoHckosusaenadnBdoLnodts_o__w__n_e__d_-_-__-_-_-_--_

None 2,500.00

OFuthrenritRuerealaEndstaFtiextouwrense.d--_-_-_-_-_-_-_-__-_-_-_-_--_

400.00 50,744.00

CaasphprionvVedaRuletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ 67,576.88

Cohethckesr BfoarnkCs.le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items _________________ --------------

724.20 None

Overdrafts ___________ --------------------

None

Advance on Cotton and other Com-

modities ______ ----_--------------------

None

CCusrteodmitearsndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_ f_ Profit and Loss. ________________________ _

None None

Other Resources------------------------

None

TotaL ____________________________________-$-25-3-.7-74-.-27-

LIABILITIES:

Capital Stock----------------------- ___ $ Capital Notes.-------------------------USunrdpilvuids eFduPnrdo-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_
Reserve FundS-------------------------DDiuveidtoenBdasnUksn-p-a--i-d-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ 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 None
50,000.00 27.34 None None None None None
153,746.93 None None
None None None None

TotaL ___________ ------ ________________ ..$ 253,774.2 7

50

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

MONROE COUNTY BANK Forsyth, Ga.

As called for by the Superintendent of Banks.

W. C. HILL, President.
Date of Charter: 11-2-1908

C. F. HEARD Cashier. '
Began Business: 10-15-1908

RESOURCES:

Loans and Discounts _________ : _________ $ 242,242.35

StBaotendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ 7,500.00

U.S. Government Securities owned ... 14,225.00

Other Stocks and Bonds owned ....... Banking House and Lot_ ______________ _

5, 750.00 3,000.00

Furniture and Fixtures----------------

500.00

Other Real Estate owned-------------- 11.446.30

Cash in Vault and Amount due from approved Reserve Agents ____________ _ 54,007.47

Choethckesr Bfaonr kCs.le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items ______________________________ _ Overdrafts ____ . _____ .. _.. _.. _..... __ . ___ .

1,246.53 None None

Admvoadnicteieso_n__ .C..o_t_t_o_n__ .a.n. d__ -o--t-h-e--r- _C_o__m_ _-

None

Customers Liability on Letters of Credit and Acceptances... __________ _
Profit and Loss _________________________ _

None None

Other Resources--.--------- ... __ .. ____ _

None

TotaL .. _.... ____ .. --- .. __ ----- ______ ..$ 339,917.65

LIABILITIES:

Capital Stock---------------------------~

SCuarppiltuals NFuontde_s____-_--_-_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_- 12.'5N0o0n~

Und1V1ded Profits_______________________ 2 li2.34

~~~e~~eB~i;,~~s-~~:::::::::::::::::::::::: ~~~:

Dividends Unpaid .. ____________________

None

Cashier's Checks________________________

764 ~

Certified Checks________________________

None

Demand Deposits_______________________ 122 ll3 'II

Time Certificates of Deposits__________ 17'goooo

Savings Deposits________________________ 156 551.71

Leetxteecrsuteodf foCrreCduisttoamnedrs A__c__c_e_p__t_a_n_c_e_s_ Bills Payable.. _________________________ _ NOothteesr aLniadbBiliiltliseRs.e.d..i.s.c_o__u__n.t.e.d.-.-_-_-.-_-_-__--_

' None None None 2,974.99

TotaL ______ ------------------------ ......$ 339.917.65

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FORT GAINES BANKING CO. Fort Gaines, Ga.

As called for by the Superintendent of Banks.

W. B. HALEY, President.
Date of Charter: 2-11-1937

W. G. GRIMSLEY, Cashier.
Began Business: 2-15-1937

RESOURCES:

Loans and Discounts. __________________$ 31,516.11

State of Georgia and Municipal

Bonds owned--------------------------

None

U.S. Government Securities owned ...

None

Other Stocks and Bonds owned. _____ _

None

Banking House and Lot ..... __________ _ 2,800.00 Furniture and Fixtures _______________ _ 1,100.00

Other Real Estate owned _____________ _

None

CaasphprionveVdaRuletsearnvde AAmgeonutsn.t. _d_u__e__f_r_o__m_ 174,665.81

Checks for Clearing and Due from

CaosthheItreBmasn_k__s_-_-_-_-_-__-_-_-_-_--------------------__-------------

65.03 32.70

Overdrafts.... __ .......... __ .. _________ ._

None

Advance on Cotton and other Com-

modities .. ___ ........ -------- _________ _

860.00

C uCsrteodmi te rasn dLAi acbciel ipttYa n coens __L__e_t_t_e_r_s___o_ f_ Profit and Loss _________________________ _

None None

Other

Re

sources

.

.......

.

_...

__________

_
-

-

N-on-e

TotaL .... --------------------------$ 211,039.65

LIABILITIES:

Capital Stock--------------------------$ 25.000.00

SCuarppiltuals NFoutneds..-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_--_ Undivided Profits______________________ _

None 5,000.00 4,251.28

Reserve Funds-------------------------DD iuvei dt oe nBdasnUkns .p. a. -i-d- -_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_- -_

None None None

Cashier's Checks....... _________ -------- 1,042.81

Certified Checks _____ ------- __ ......... .

None

Demand Deposits----------------------- 143.622.66 Time Certificates of Deposits _________ _ 15,000.00 Savings Deposits.... ___________________ _ 17,122.90

Leetxteecrsuteodf foCrreCduisttoamnedrs A__c__c_e_p__t_a_n_c__es_

None

Bills PaYable ..... _________ .. __ ----------

None

Notes and Bills Rediscounted--------other Liabilities...... ________ ----------

None None

TotaL... ___________ --------------- __ ....$ 211.039.65

NINETEENTH ANNUAL REPORT

51

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF FORT VALLEY Fort Valley, Ga.

As called for by the Superintendent of Banks.

W. E. GREENE, President.
Date of Charter: 10-11-1924

H. HUCKABEE, Vice-President and Cashier.
Began Business 10-15-1924

RESOURCES:

r,oans and Discounts ___________________ $ 185,142.04

state of Georgia and MuniciPal

Bonds owned ______ -------------------- 3,189.80

U.s. Government Securities owned __ _ 30,530_55

Other Stocks and Bonds owned ______ _ Banking House and Lot_ ______________ _

5,044.57 None

rumiture and Fixtures.--------------- 1,000.00

Other Real Estate owned-------------- 5.243.18

CaasphprionvVedaRuletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ 177,480.13

Checks for Clearing and Due from

other Banks--------------------------- 15,000.00

Cash Items__________ ---------------------

None

Overdrafts __ -----------------------------

None

Advance on Cotton and other Com-

modities ___ ---------------- ________ ---- 66,760.62

Customers Liability on Letters of

Credit and Acceptances_____________ Profit and Loss _________________________ Other Resources _______________________

_ _ _
-

-

None None
-N-on-e

TotaL------------------------- __________ $ 489,390.89

LIABILITIES:

Capital Stock _____ ---------------- ______ $ 50,000.00

Capital Notes.-------------------------_

None

USunrdpilvuisdeFduPnrdo-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_

10,000.00 11,536.40

Reserve Funds--------------------------

None

DDiuveidtoenBdasnUksn-p-a--id--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Cashier's Checks _______________________ _ Certified Checks _______________________ _ Demand Deposits ______________________ _

None None 810.71 63.50 342,959.86

Time Certificates of Deposits_________ _ Savings Deposits _______________________ _

8,800.00 65,220.42

Leetxteecrsuteodf foCrrCeduisttoamnedrs A__c__c_e_p__ta__n_c_e_s_

None

Bills Payable ______________ --------------

None

Notes and Bills Rediscounted ________ _

None

Other Liabilities __________ --------------

None

Total. _____ ._ .. ____ .-_._--._. ___ . ___ ._. __ .$ 489,390.89

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF HEARD COUNTY Franklin, Ga.

As called for by the Superintendent of Banks.

E. E. LEWIS, President.
Date of Charter: 10-14-1905

H. J. MICKLE, Cashier.
Began Business: 10-18-1905

RESOURCES:

Loans and Discounts___________________$ State of Georgia and 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 Rese1ve Agents ____________ _ Checks for Clearing and Due from
o~~ii:~~~~~ ~:: :::::::::::::::::::::::
Overdrafts__________ -- ___ ... ------------Advance on Cotton and other Com-
modities __________ ---- __ -.--.---------PCruOsrteodmitearsndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_ f_
o&~~ ~~~o~~~ses~::::: ::::::::::::::::::

52,716.00 49,389.74 32,400.00 5,250.00 2,375.00 2.070.00 9,075.23 89,303.51 5,316.29
None None 11.814.55 None None None

TotaL ____________________________________-$-25-9-,7-10-.3-2-

LIABILITIES:

Capital Stock_--------------------------$ 25,000.00

Capital Notes---------------------------

None

Surplus Fund--------------------------- 6,000.00

Undivided Profits.. ------------- _____ ..

259.63

Reserve Funds_----------- _____ ---------

None

DDiuveidtoenBdasnUkns-p-a--id--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

None 1,000.00

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

176.05

Certified Checks------------------------

None

TDiemmeaCnderDtiefipcoasteitsso--f-D--e--p-o-s--it-s--_-__-_-_-_-_-_-_--_

129,618.57 2.136.82

Savings Deposits ______ ------------ ____ -- 95,519.25

Letters of Credit and Acceptances

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

None

Bills Payable _______ ---------------------

None

ONothteesr aLniadbBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d__-----------------

None None

TotaL _____ -------------------------- __ ..$ 259.710.32

52

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE CITIZENS BANK Gainesville, Ga.

As called for by the Superintendent of Banks.

JOHN H. HOSCH, President.
Date of Charter: 5-19-1913
RESOURCES:

ROBT. A. BRICE Cashier. '
Began Business: 6-2-1913
=-
LIABILITIES:

Loans and Discounts___________________ $ 483,525.80

StBatoendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ 18.627.15

U. S. Government Securities owned... 32,500.00

Other Stocks and Bonds owned ______ _ 14,550.00

Banking House and Lot ............... 14,682.4\

Furniture and Fixtures.--------------- 5. 915.69

Other Real Estate owned.------------- 20,555.47

Cash in Vault and Amount due from

approved Reserve Agents. ___________ _ 223,571.58

Choethckesr BfoarnkCs _le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ 4,108.49

Cash Items........... _____ .............. .

50.00

Overdrafts __ . ____ ........ ___ . __ ..... _... .

227.88

Admvoadnicteieso_n_ ..C_o__t_t_o_n___a_n..d..o. _t_h_e_r___C__o_m.-. 17,200.92

Customers Liability on Letters of

Credit and Acceptances... __________ _ Profit and Loss. ________________________ _ Other Resources _______________________ _

None None 1.0E7.52

Capital Stock.--------------------------$ 5o,ooo.oo

CSuarppiltuals NFoutneds..-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_ Undivided Profits.... _______ .... _______ _

None
2zo5.,o0o0o0..o0o0

DReuseertvoeBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_ Dividends Unpaid ... __________________ _ Cashier's Checks..... __________________ _ Certified Checks-----------------------Demand Deposits---------------------Time Certificates of Deposits......... Savings Deposits _______ . __________ .. __ ..

z.334.n 4.864.31 2,240.00
160.89 None 507,0o6.4g
100.00 225,146.54

Letters of Credit and Acceptances

executed for Customers_------------Bills PaYable .... __ ... _________ . ____ ..... Notes and Bills Rediscounted ________ _ Other Liabilities...... ___ ..... ----------

None None None None

TotaL ____ ---- ............... ----- .......$ 836,902.94 TotaL....... ___ ....... ______ ... ----- ....$ 836,902:94'

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF GIBSON, Gibson, Ga.

As called for by the Superintendent of Banks.

E. E. GRIFFIN, President.
Date of Charter: 11-7-1905

E. E. GRIFFIN, Cashier.
Began Business: 11-27-1905

RESOURCES:

Loans and Discounts-------------------$ StBatoendsofowGneedo_r_g__i_a._ .a.n. _d__ ..M__u_n__i_c_i_p__al. U. S. Government Securities owned ... BOathnekrinSgtoHaokus saenadnBdoLnodts.o..w. _n__e_d__.-__-_-_-_--_ Furniture and Fixtures _____________ _ Other Real Estate owned .............. Cash in Vault and Amount due from
approved Reserve Agents. __________ __ Checks for Clearing and Due from CaosthheIrteBmasn_k__s_-_-_-_-_-_-_-_-______._______._______._._____._._. .__. Overdrafts ______________________________ .
Admvoadnicteieso_n___C__o_t_t_o_n___a_n_ .d..o. _t_h.e.r___C__o_m_ -. CuCsrteodmiterasndLAiacbcielpittyancoens__L__(_t_t_e_r_s___o_ f_ Profit and Loss. ________________________ _ Other Resources ____ ---------- ________ __

39,247.15 21,293.33 2,900.00
None 3,000.00 1,600.00
None 18,991.24
None None ll6 .62 None None None None

TotaL ............. ------------------ ....$ 87,148.34

LIABILITIES:
Capital Stock.---------------- __________$ Capital Notes_----------- ______________ _ Surplus Fund _____ ----- _________ .. _____ _ Undivided Profits......... __ . __ .. ______ . Reserve Funds_------------- __________ __ Due to Banks ___________________________ _ Dividends Unpaid ____________________ __ Cashier's Checks....... _______________ __ Certified Checks-------. ____ ........ ___ _ TDiemmeaCnderDtiefipcoasteitss-o-f-D--e--p-o--s-i-ts--_-_-__-_-_-_-_-_--_ Savings Deposits...... _______ . ________ .. Letters of Credit and Acceptances BielxlsePcuatyeadbfloer__C__u__s_t_o.m__e_r.s.._._._._._._._.__._._._._... Notes and Bills Rediscounted ....... .. Other Liabilities..... ________ . ___ ... __ __

15,000.00 None
5,000.00 1.200.00
None None None ll6.6l None 65,831.73 None None
None None None None

TotaL.. __________ ------------ _________ .. $ 87,148.34

NINETEENTH ANNUAL REPORT

53

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE GLENNVILLE BANK Glennville, Ga.

As called for by the Superintendent of Banks.

W. F. DURRENCE, President.
Date of Charter: 1-12-1905

J. A. BACON, Cashier.
Began Business: 1-18-1905

RESOURCES:

r.oans and Discounts ___________________$ 162.805.17

state of Georgia and Municipal

UB.so.nGdsovoewrnnemde.n..t

. ---------------------Securities owned...

154.00 47,575.00

Other Stocks and Bonds owned.------ 1,080.00

Banking House and Lot. ............... 3,000.00

yumiture and Fixtures_--------------- 1.000.00

Other Real Estate owned_------------- 6,600.00

caasphprionveVdaRuletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ 82,393.17

Checks for Cleating and Due from

other Banks_-------------------------- 1,146.87

g~~J{iifi_-_-:::::::::::::::::::::::::::::

None None

Advance on Cotton and other Com-

modities-- ....................... -- ... . 28,079.78

()UCbretodmitearsn dLAi acbcielpi ttya n coens . .L__e_t_t_e_r_s___o_ f_

None

Profit and LOSS-------------------------Other Resources--- __ -------------------

34.49 None

TotaL........... -- .. -- ... -............... $ 333.868.48

LIABILITIES:

Capital Stock_-------- ____ ---------- ....$ 30,000.00

Capital Notes.-------------------------- 20,000.00

SUunrdpilvuisdeFduPnrdo-f-i-t-s.-.-_-_-_-_-_-_-_-_-_-__---------------------

12,000.00 None

RDeuseertvoeBFaunnkds.s...-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_

7,500.00 None

Dividends Unpaid ___ ------------------Cashier's Checks....... ________ ..... __ ..

None 1,185.78

Certified Checks------------------ ____ __ Demand Deposits_ ... ------ ___ ...... __

None 165,620.09

Time Certificates of Deposits.......... 97,530. 7l

Savings Deposits........................ Letters of Credit and Acceptances

None

executed for Customers .. ___________ _ Bills Payable .... ------------- __________ _ Notes and Bills Rediscounted ________ _ Other Liabilities....... ___ .. ___________ _

None None None 31.90

TotaL ..... ---------------------- ........$ 333,868.48

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF GRAY Gray, Ga.

As called for by the Superintendent of Banks.

D. V. CHILDS, President.
Date of Charter: 8-23-1909

J. L. MERCER, Cashier.
Began Business: 8-28-1909

RESOURCES:

Loans and Discounts...................$ State of Georgia and Municipal
Bonds owned-------------------------0. S. Government Securities owned... BOathnekrinSgtoHcoksusaenadnBdoLnodts.o. _w__n__e_d__.-_-__-_-_--_
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-------------------------OCavsehrdI treamftss...... -. .-.-.-.-.-.-.-.-.-..-..... . .-.-...-.-.-.-.-. Advance on Cotton and other Com-
modities ............................... Customers Liability on Letters of PrCorfietdaint adnLdoAssc. c__e_p_t_a_n__c_e_s__._._._._._._._._-_-_-_-_--_ Other Resources .. ____________________ __

32,433.82
10,271.97 700.00 None
2,000.00 1,000.00 10,580.00
41,542.50
90.90 None None
None
None 686.08 None

TotaL _____ ....... ______ . _____________ ._ ..-$-99-.-30-5.-27-

LIABILITIES:
g:gn:l ~tgt~~:::::::::::::::::::::::::::$
Surplus Fund--------------------------Undivided Profits.... -----------------Reserve Funds.------------------------Due to Banks---------------------------DCCaievsr tihidifeei enr 'dds sCCUhheneccpkkassi.d. ._-__-__-__-__-__-__-__-__-__-___-__-__-__-__--_--_--_--_--_--_----_ Demand Deposits ______________________ _ Time Certificates of Deposits. ________ _ Savings Deposits... ____________________ _ Leetxteercsuteodf foCrreCduisttoamnedrs A..c.c__e_p_t_a__n_c_e_s_ Bills Payable...... ___ ... ________ ._._ .. __ Notes and Bills Rediscounted ..... ___ _ Other Liabilities........ _.. _._. ____ . ___ _

15,000.00 10,000.00
None None 1,500.00 None None 122.82 None 71,530.59 1.151.86 None
None None None None

Total ..... _.... _.. ___ .... ___ . __ . __ .... ___ .$ 99,305.27

54

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF GREENSBORO Greensboro, Ga.

As called for by the Superintendent of Banks.

T. B. RICE, President.
Date of Charter: 10-13-1926

C. WELDON SMITH Cashier. '
Began Business: 10-14-1926

RESOURCES:

Loans and Discounts...................$ 98.601.54

State of Georgia and Municipal

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

11.761.64 3,900.00

Other Stocks and Bonds owned.------ 1,060.00

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

None

Furniture and Fixtures_---------------

1.00

Other Real Estate owned ..... ________ _

None

Cash in Vault and Amount due from

approved Reserve Agents............ 61,557.01

Checks for Clearing and Due from

other Banks---------------------------

956.67

Cash Items...---------------------------- 1,140.28

Overdrafts......... ----------------------

187.56

Advance on Cotton and other Com-

modities--- ........................... 34.454.24

Customers Liability on Letters of

Credit and Acceptances--------------

None

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

None

Other Resources ... ---------------------- - -N-on-e

TotaL .. _. _____ ... --- .............. -- .$ 213.619.94

LIABILITIES:

Capital Stock.--------------------------$ Capital Notes.---------------------- ___ _ USunrdpilvuisdeFduPndro-f-i-t-s-.-.-.-.-.-.-.-.--.-.-_-_-__--.-.-.-_-__-_--_

25,000.00 None
15.000.00 1,127.58

Reserve Funds.------------------------DDiuveidtoenBdasnUkns-p-a--i-d-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Cashier's Checks.... __ . __ ._ .. __________ _
DC eermt iaf inedd DCehpeocskist s- -. -_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_- -_
Time Certificates of Deposits.... _____ _ Savings Deposits. _____ .. __ . ___ ...... ___ . Letters of Credit and Acceptances

None
1,oNooo.noeo
1.927-19 None
169,565.17 None None

executed for Customers.------------Bills Payable............ ---------------Notes and Bills Rediscounted ....... Other Liabilities....... -------------

None None None None

Total......... ---.---.------.--------- ..$ 213,619.94

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE GREENVILLE BANKING CO Greenville, Ga.

As called for by the Superintendent of Banks.

J. P. ATKINSON, President.
Date of Charter: 10-24-1887

W. L. PINKSTON, Cashier.
Began Business : 1891

RESOURCES:

Loans and Discounts.. ---------------$ 174,849.25

State of Georgia and Municipal

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

5, 798.06 16.116.50

Other Stocks and Bonds owned.------ 1,500.00

Banking House and Lot ................ 8,500.00

Furniture and Fixtures.--------------- 4,400.00

Other Real Estate owned-------------- 42.295.00

Cash in Vault and Amount due from

approved Reserve Agents ............. 70,022.15

Checks for Clearing and Due from

other Banks.-------------------------COavsehrdIrteafmtss..................-..-.-.--_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_--_

508.28 None 557.72

Advance on Cotton and other Com-

modities--- . ---------- .. --- __ . 31.654.27

Customers LiabilitY on Letters of

Credit and Acceptances......

None

Profit and Loss.----------------------Otber ResourceS------------------------

None None

TotaL. ------------------------------ .$ 356,201.23

LIABILITIES:

Capital Stock.--------------------------$ 50.000.00

CaPital Notes.-------------------------- 50,000.00

USunrdpilvuids eFduPnrdo-f-i-t-s-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_

13,000.00 2,492.50

Reserve Funds.-------------------------

500.00

DDiuveidtoenBdasnUksn-p--a-i-d-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

None None

Cashier's Checks.... -------- __________ .

328.35

DCeermtiafineddDCehpeocskist-s-.-_________-_-_-_-_-_-_-_-_________________ __

None 154,826.45

Time Certificates of Deposits........ 85,053.93

Savings Deposits....... ________________ _

None

Letters of Credit and AccePtances

BielxlsePcuatyeadbfloer. _C__u_s_t_o__m__e_r_s____-_-_--------------------.

None None

NOothteesr aLniadbBiliiltliseRs.e_d__i_s_c.o_u_n__t.e.d_-_-_-__-_----.-

None None

TotaL ...... _____ .--------------------- $ 356,201.23

NINETEENTH ANNUAL REPORT

55

STATEMENT Showing condition at the close of Business December 31, 1938, of the

COMMERCIAL & SAVINGS BANK Griffin, Ga.

As called for by the Superintendent of Banks.

T. T. BLAKELY, President.
Date of Charter: 10-11-1889

C. B. PIERCE, JR., Cashier.
Began Business: 1890

~
RESOURCES:

LIABILITIES:

LOans and Discounts.. -----------------$ 688,884.26 state of Georgia and Municipal

Bonds owned------------------------U. s. Government Securities owned ... Other Stocks and Bonds owned.-----Banking House and Lot---------------FUiniture and Fixtures----------------

14.223.60 76,960.94 25,650.00 25,000.00 4,901.06

Other Real Estate owned-------------- 44.363.08 cash in Vault and Amount due from
approved Reserve Agents ____________ _ 426,405.00

Checks for Clearing and Due from

other Banks--------------------------- 14,451.57

g~~Ji:lf;_-::::::::::::::::::::::::::::::

763.09 828.35

Advance on Cotton and other Com-

modities-------------------------.----- 72,351.61

cuCsrteodmitearsndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_f_

None

~~I

~~ot~~es:::::::::::::::::::::::: -

None
-1-,59-3.9-1

Total------------------------------------ .$1,396,376 .47

Capital Stock---------------------------$ 100,000.00

Capital Notes---------------------------

None

SUunrdpilvuisdeFdunPdro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_---------

25,000.00 44.895.69

Reserve Funds-------------------------- 13,443.84

Due to Banks---------------------------- 26,420.22

Dividends Unpaid---------------------- 8,000.00

Cashier's Checks _____ ------------------- 3,753.74

Certified Checks _____ ---------- _____ -- __

114.20

DTiemmeaCnderDti-f'iPcOatSeistSo-f-D--e--p-o--s-i-t-s-_-_-_-_-_-_-_-_-_--_ Savings Deposits _______________________ _

721,766.46 19,068.17 433,914.15

Leetxteecrsuteodf foCrreCduisttoamnedrs A__c__c_e_p__ta__n_c_e_s_ Bills Payable.- ______________ ._------- __ _

None None

Notes and Bills Rediscounted---------

None

Other Liabilities________ ----------------

None

Total---------------------------- __ ---- ___$1,396 ,376 .47

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE STATE BANK Griffin, Ga.

As called for by the Superintendent of Banks.

D. R. CUMMING, President.
Date of Charter: 4-24-1933

S. T. MARTIN, Cashier.
Began Business: 5-2-1933

RESOURCES:

Loans and Discounts___________________$ 433,624.42

State of Georgia and Municipal

Bonds owned-------------------------- 12,156.56

U. S. Government Securities owned __ _ 123,415.76

Other Stocks and Bonds owned------- 15,227.60

Banking House and Lot----------------

None

Furniture and Fixtures---------------- 5,400.00

Other Real Estate owned--------------

None

CaasphprionvVedaRuletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_ 395,774.94

Checks for Clearing and Due from

other Banks--------------------------- 10,145.22

Cash Items_______ ------------------------

None

Overdrafts. ______________ -_-----_-------_ 1,349.08

Advance on Cotton and other Com-

modities ___ -- _____ ------_-------------- 3,869.83

CCusrteodmi terasn dLAi acbcielpi ttya n coens __L__e_t_t_e_r_s___o_ f_ Profit and Loss_________________________ _

None None

Other Resources------------------------

None

TotaL ______________________________ ---. __$1,000, 963.41

LIABILITIES:

8~~n~~ ~tgtce~: ::::::::::::::::::::::::::$
SUunrdpilvuisdeFduPndro-f-i-t-s-_-_-_-_-_-_-_-__----------------------_-__--_ Reserve ~nds------------------------- Due to Banks---------------------------DCaivsihdieenr'dssCUhnecpkasid__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_--_ Certified Checks ______________ ---------DSTaiemvmienaCgnsdeDrDtieefpipcooasstieittsss_-o_-_f-_D-_-_e-_-_p-_o-_-s_-_it-_s_-_-___-__-__-__-__-__-__-__--__
Letters of Credit and Acceptances executed for Customers.-------------
Bills Payable---------------------------Notes and Bills Rediscounted--------Other Liabilities ______ ------------------

50,000.00 None
50,000.00 9,449.92
None None None 1,882.07 None 717,583.17 43,813.39 128.234.86 None None None None

TotaL---------- ____________________ -- __ --$1.000,963 .41

56

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

JONES COUNTY BANK Haddock, Ga.

As called for by the Superintendent of Banks.

GRADY A. SMITH, President.
Date of Charter: 7-14-1905

RESOURCES:
Loans and Discounts___________________ $ StBatoendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ U.S. Government Securities owned... BOathnekrinSgtoHcokus saenadnBdoLnodts_o__w__n_e__d_-_-__-_-_-_--_ Furniture and Fixtures.--------------Other Real Estate owned-------------Cash in Vault and Amount due from
approved Reserve Agents____________ _ Checks for Clearing and Due from CaosthheIrteBmasn_k_s____-_-_-_-_-_-_-_-_-_-_-_-_-_________________________ __ Overdrafts ____ ------ ______ ------ ________ _ Admvoadnicteieso_n___C__o_t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _Customers Liability on Letters of
Credit and Acceptances_____________ _ Profit and Loss _________________________ _
Other Resources------------------------

81.812.92 5,235.30
None None 1,000.00 750.00 10,000.00 15,383.12 None None 428.45 5,854.74 None None None

GRADY A. SMITH

Cashier. '

Began Business: 7-25-1905

~
LIABILITIES:

C~~a~pJiIt~a~l

Stock---------------------------~
~~~J=~::::::::::::::::::::::::: -~~~:

Undivided Profits_______________________

764 07

~~~egeB~~~~~-:~:::::::::::::::::::::::: ~~~=

Dividends Unpaid._____________________

None

Cashier's Checks________________________

166 24

Certified Checks________________________

None

Demand Deposits.______________________ 41,071 58

Time Celtificates of Deposits__________ 49,962.64

Savings Deposits.. ______________________

None

Letters of Credit and Acceptances

BielxlsePcuatyeadbfloer. _C__u_s__to__m__e_r_s__.-_-_-_-__-_-_-_-_-_-_-_--_ Notes and Bills Rediscounted--------Other Liabilities ____________ ------------

None None 3,500.00 None

TotaL ... -___ ._._-----_._._----- __ .... ___ .$ 120,464 .53 TotaL--------------------------------- ..$ 120,464.53

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE CITIZENS BANK OF HAHIRA Hahira, Ga.

As called for by the Superintendent of Banks.

R. C. LESTER, SR., President.
Date of Charter: 2-12-1927

H. T. SCRUGGS, Cashier.
Began Business: 2-21-1927

RESOURCES:

Loans and Discounts-------------------$ 47,515.65

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---------------- 1,750.00

Other Real Estate owned--------------

60.25

CaasphprionveVdaRuletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ 44,185.03

Checks for Clearing and Due from

CaosthheItreBmasn_k__s_-_-_-_-_-_-__-_-_-_-_-_-_-_------------_-__-_-_-_-_--_ Overdrafts.. _______ . ____________________ _

None None None

Admvoadnicteieso_n___C_o__t_t_o_n___a_n__d__o__t_h_e__r__C__o_m_ _-

None

Customers Liability on Letters of

Credit and Acceptances--------------

None

Profit and Loss--------------------------

None

Other Resources------------------------- - -N-on-e

TotaL .... -------------------------------$ 100,260.93

LIABILITIES:
Capital Stock_-------- __________________$ Capital Notes_-------------------------SUunrdpilvuisdeFduPnrdo_f_i_ts--. -_-__-_-_-_-_-_------------------_-_-__-_--_ Reserve Funds-------------------------DDiuveidtoenBdasnUksn-p-a--i-d-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Cashier's Checks. _______ . ______________ _ Certified Checks- __________ -- ______ .-- __ DTiemmeaCnderDtiefipcoastietss-o-f--D-e--p-o--s-i-ts--_-_-__-_-_-_-_-_--_ Savings Deposits.... --------- __________ _ Letters of Credit and Acceptances BielxlsePcuatyeadbfloer__C__u__s_t_o_m__e__r_s_--------------------------NOothteesr aLniadbBiliiltliseRs.e.d__i_s_c__o_u._n.t_e_d_-_-_-_-__-_-_-_--_

15,000.00 5,000.00
None None 1,000.00 None None None None 43,827.25 10,905.50 24.528.18 None None None None

Total. ____________________________________$ 100,260.93

NINETEENTH ANNUAL REPORT

57

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF COLUMBIA COUNTY Harlem, Ga.

As called for by the Superintendent of Banks.

J. T. BARNSLEY, President.
Date of Charter: 11-29-1909

Wm. C. CLARY, JR., Cashier.
Began Business: 12-13-1909

RESOURCES:

Loans and Discounts ___________________ $ 80.221.01

stBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ 8,045.40

u.S. Government Securities owned __ _ 1.125.00

Other Stocks and Bonds owned ______ _ Banking House and Lot_ ______________ _ Furniture and Fixtures _______________ _ Other Real Estate owned _____________ _

3,007.50 4.600.00 1,000.00 6,634.50

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 47,645.61

Checks for Clearing and Due from

other Banks --------------------------

None

Cash ItemS-------------------------------

None

Overdrafts ___ -___ -------_----------------

78.36

Amdvoadnicteieso_n___C__o_t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _-

None

cuCsrtoedmiet rasndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_f_ Profit and Loss _________________________ _

None None

Other Resources------------------------- - -N-on-e

TotaL----------------------------- ______$ 152.357.38

LIABILITIES:
Capital Stock __________________________ $
Capital Notes -------------------------SUunrdpilvuisdeFduPndro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_ Reserve Funds _________________________ _ Due to Banks ___________________________ _ Dividends Unpaid _____________________ _ Cashier's Checks _______________________ _ Certified Checks. ______________________ _ Demand Deposits ______________________ _ Time Certificates of Deposits _________ _ Savings Deposits _______________________ _ Letters of Credit and Acceptances BielxlsePcuatyeadbfloer__C__u_s_t_o__m__e_r_s_-_-_-_-__-_-_-_-_-_-_-_-_--_ Notes and Bills Rediscounted ________ _ Other Liabilities __________________ ------

25,000.00 None
4,500.00 None 279.19 None 510.00 79.22 None
82,590.40 39,350.78
15.00 None None None 32.79

TotaL____ ---------------------- .........$ 152,357.38

STATEMENT Showing condition at the close of Business December 31, 1938, of the

PLANTERS BANK Hawkinsville, Ga.

As called for by the Superintendent of Banks.

N. A. JELKS, President.
Date of Charter: 2-27-1896

D.P. McGRIFF, Cashier.
Began Business: 3-1896

RESOURCES:

Loans and Discounts___________________$ 175,485.79

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l

None

U. S. Government Securities owned... 24,800.00

BOathnekrinSgtoHcokus saenadnBdoLnodts_o__w__n__e_d__.-_-__-_-_--_ Furniture and Fixtures _______________ _

15,117.50 10,000.00 2,500.00

Other Real Estate owned-------------- 6,006.66

CaasphprionveVdaRuletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ 243,648.64

Choethckers Bfaonr kCs _le__a_r_i_n_g___a_n__d__D__u__e__f_r_om 1,461.29

Cash Items. _____ -------------------------

None

Overdrafts- __________ . __ .----------------

None

Advance on Cotton and other Com-

modities---------------------------- --

527.38

Customers Liability on Letters of

PrCorfietdaitnadnLdoAssc_c__e_p_t_a_n__c_e_S__-_-_-_-_-_-_-_-_-_-_-_-_-_

None None

Other Resources------------------------

None

TotaL .... -------------------------------$ 479,547.26

LIABILITIES:

Capital Stock_--------------------------$ 50,000.00

Capital Notes_--------------------------

None

Surplus Fund------------------------- 50,000.00

Undivided Profits........ -------------- 30,500.00

RDeuseertoveBFaunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_

2,290.31 None

DCaivsihdieern'ds sCUhencpkasi_d_-.-.-.-.-.-_-_-_-_-__-_-_-_--._--.-.-.-_-.-

6,000.00 2,859.27

Certified Checks------------------------

7.50

DTiemmeaCnderDtiefipcoasteitss-o-f-D--e--p-o-s--it-s-_-_-_-_-_-_-_-_-_--_ Savings Deposits __________________ ------

284,275.25 53,614.93
None

Letters of Credit and Acceptances

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

None

Bills Payable __________ -----------------Notes and Bills Rediscounted. _______ _

None None

Other Liabilities------------------------

None

TotaL-----------------------------------$ 479,547.26

58

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF HAZLEHURST Hazlehurst, Ga.

As called for by the Superintendent of Banks.

JOHN ROGERS, President.
Date of Charter: 10-19-1906

B. B. WOOTEN, Cashier.
Began Business: 1906

RESOURCES:

Loans and Discounts................. $ 42,925.54

State of Georgia and Municipal

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

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

l.OO

Cash in Vault and Amount due from

approved Reserve Agents............ . 244,837.24

Checks for Clearing and Due from

other Banks .......................... 8,994.45

COavsehrdIrteafmtss.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

None None

Advance on Cotton and other Commodities--_ ........ ____ --. __ .. ___ ._ ... .

None

CuCsrteodmiterasndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_f_

None

Profit and LOSS-------------------------

None

Other Resources------------------------- - N-on-e

TotaL-------------- __ -------------- .....$ 296,760.23

LIABILITIES:

Capital Stock ... ________________________$ 25,000.00

SCuarppiltuals NFoutneds-..--_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_ Undivided Profits ______________________ _

None 10,000.00 17,679.38

DR ue seutvoeBFaunnkds s__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_- -_

None

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

None None

CCearsthiifeierd's CChheecckkss.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Demand DPposits. _____________________ _

635.64 14.00 242,070.63

TSaimviengCseDrtiefpicoastietss_o__f_D__e__p_o__s_i_ts__._._._._._._.____ Letters of Credit and Acceptances

1,360.58 None

BielxlsePcuatyeadblfeor__C__u_s_t_o__m__e_r_s_._._______________________ __

None None

NOothteesr aLniadbBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d_-_-_-_-__-_-_-_--_

None None

TotaL .... ---$ 296,760.23

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF mAWASSEE Hiawassee, Ga.

As called for by the Superintendent of Banks.

J. F. JOHNSON, President.
Date of Charter: 6-14-1909

W. 0. SPARKS, Cashier.
Began Business: 7-21-1909

RESOURCES:

Loans and 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 PrCofrietdaitnadnLdoAssc_c__e_p_t_a__n_c_e__s_-_-_-_-_-_-_-_-_-_-_-_-_--_
Other Resources------------------------

45,093.97 None
17,500.00 None
1,000.00 500.00 500.00
86,042.13 None None None None None None None

TotaL __________________________ ._. ______ .$ 150,636.10

LIABILITIES:

CCaappiittaall NStootceks ..-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_$

15,000.00 None

Surplus Fund--------------------------- 5,000.00

Undivided Profits----------------------- 5,925.87

Reserve Funds.-------------------------

None

DDiuveidtoenBdasnUksn-p-a--i-d-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Cashier's Checks _______________________ _

None None 80.91

DC eermt iaf inedd DCehpeocskist s- -. -. -_-_-_-_-_-_-__- _-_-_-_-_-_-_-_-_-_-_-_- -_

None 118,535.01

Time Certificates of Deposits_________ _ 6,094.31

Savings Deposits------------------------

None

Letters of Credit and Acceptances

BielxlsePcuatyeadbfloer..C__u-s--to. _m__e__r_s..--_-_-_-_-__-_-_-_-_-_--_

None None

NoteE and Bills Rediscounted---------

None

Other Liabilities------------ ___________ _

None

TotaL ______ ---- ________ ----- ____________ .$ 150,636.10

NINETEENTH ANNUAL REPORT

59

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE HINESVILLE BANK Hinesville, Ga.

As called for by the Superintendent of Banks.

D. F. MARTIN, President.
Date of Charter: 9-4-1911

T. H. McDOWELL, Cashier.
Began Business: 11-15-1911

RESOURCES:

Loans and Discounts ___________________$ 115.356.16

state of Georgia and Municipal

Bonds owned------------------------U s. Government Securities owned... Other Stocks and Bonds owned. _____ _ Banking House and Lot. ______________ _

None None 5,000.00 1,090.10

FurniturE and Fixtures.--------------- 1,924.76

Other Real Estate owned_------------- 1.150.00

CaasphprionvVedaRuletsearnvde AAgmeonutsn.t__d_u__e__f_r_o__m_ 48.280.29

Checks for Clearing and Due from

other Banks---------------------- ... 1.511.29

Cash Items __________ ---------------------

None

Overdrafts .. ----------------------.-.---. Advance on Cotton and other Com-

280.17

modities-----.-------.-.------------- .. c uCsrteodmi te rasn dLAi acbcielpi ttya n coens __L__e_t_t_e_r_s___o_ f_

None None

Profit and Loss--------------------------

None

Other ResourcES----------------------- - - -N-on-e

"TotaL-----------------------------------$ 174,592.77

LIABILITIES:

Capital Stock_--------------------------$ SCuarppiltuals NFoutneds___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Undivided Profits _____________________ _
RDeusee rt ov eBFaunnkds s__. -_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_- ._ DCiavsihdieenr'ds~CUhnecpkasid__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_
Certified Checks-----------------------TDiemm"aCnderDtiefipcoastietsSo--f-D--e--p-o-s--it-s--_-__-_-_-_-_-_-_--_ Savings Deposits---------- _____________ _ Letters of Credit and Acceptance~
executed f01 Customers.------------Bills Payable __ -------------------------Notes and Bills Rediscounted--------Other Liabilities.. ________ --------------

15,000.00 None
10,000.00 3,411.57
500.00 None None 498.96 8,400.00 117,786.84 18,799.85 None None None None 195.55

TotaL-----------------------------------$ 174,592.77

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF ILA Ila, Ga.

As called for by the Superintendent of Banks.

G. H. WESTBROOK, President.
Date of Charter: 10-11-1910

J. R. WESTBROOK, Cashier.
Began Business: 10-15-1910

RESOURCES:

Loans and Discounts_________________$ 45,411.46

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

CaasphprionvVedauRletsaernvde AAmgeonutns_t__d_u__e__f_r_o__m_ 5.131.90

Checks for Clearing and Due from

other Banks--------------------------

183.92

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 TotaL

R___e_s.o_u--r-c-e-s-------_---------------------------------------.-$-

- N-on-e
67,255.88

LIABILITIES:
Capital Stock.-------------------------.$ Capital Notes_-------------------------USunrdpilvuisdeFduPnrdo-f-i-t-s-.-.-.-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_ Reserve Funds.------------------------Due to Banks..------------------------DC ai vs hi di e" rn'ds sCUh encpkasi_d_-_-_-_-_-_-_-_-__-_-_- ------ -- -_-__- ------ -Certified Checks-----------------------Demand DEPosits--------- __ -----------TSaimviengCseDrtiefpiocasittess--o-f-_D--e_p-o- _s_i_ts__-_-_-_-_-_-_-_-_--_ Letters of Credit and Acceptances
executed for Customers_------------Bills Payable __________ -----------------Notes and Bills Rediscounted--------Other Liabilities----------------------

15,000.00 None
13,734.64 1,033.18
None None 1,350.00 50.00 None 16,659.56 19,428.50 None None None None None

Total.-----------------------------------.$ 67,255.88

60

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF JONESBORO Jonesboro, Ga.

As called for by the Superintendent of Banks.

ELIZABETH M. BLALOCK, President.
Date of Charter: 10-6-1903

J. B. PULLIAM, Cashier.
Began Business: 11-7-1903

RESOURCES:

Loans and Discounts___________________ $ 134,897.88

State of Georgia and Municipal

Bonds owned-------------------------

None

U. S. Government Securities owned.-- 73,402.33

Other Stocks and Bonds owned- _____ _

None

Banking House and Lot-------------- Furniture and Fixtme&------ __ .... Other Real Estate owned __________ .. Cash in Vault and Amount due from
approved Reserve Agents_. ___ .... --

1,350.00 1,350.00 34,973.37 96,278.12

Checks for Clearing and Due from

other Banks-------------Cash Items______ --------------

None 18.18

Overdrafts---.-.- ... -.. ---.--... . . . Advance on Cotton and other Com-

None

modities __ - - - - - -------Cu,stomers Liability on Letters of
Credit and Acceptances___________ -

8,090.91 None

Profit and LOSS--------------------

None

Other Resources-------------- - N-on-e

TotaL----------------------- . $ 350,360.79

LIABILITIES:

Capital Stock ....... -- ........ --- .. $ 25,000.1)()

Capital Notes ......... - .. ---- ..... .

None

Surplus Fund._.-------------- 25,000.1)()

Undivided Profits------- __ ........ Reserve Funds---- ............. - ...... Due to Banks-..-.- ....... -- ........ Dividends Unpaid ...................... Cashier's Checks_.... _.......... _. _____ .

18.45 184.42 None None 606.99

Certified Checks---------------_-

None

Demand Deposits------------------ 224,228.66

Time Certificates of Deposits--- Savings Deposits-------- .........

None 75,322.27

Letters of Credit and Acceptances

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

None

BNioltlessPaanYdabBliel.l_s_ -R-e-d-i-sc-o-u--n-t-e-d--__-_-__-_-__-_

None None

Other Liabilities.--------

None

Total.....................................$ 350,360.79

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS & MERCHANTS BANK Junction City, Ga.

As called for by the Superintendent of Banks.

C. W. MOORE, President.
Date of Charter: 3-23-1912

W. A. BLYTHE, Cashier.
Began Business 4-3-1912

RESOURCES:

Loans and Discounts----$ 31,627.99

State of Georgia and Municipal

Bonds owned.----- -- ....... - .. - ..

None

U.S. Government Securities owned-..

700.00

Other Stocks and Bonds owned.......

None

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

900.00

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

900.00

Other Real Estate owned ______ ...... -

None

Cash in Vault and Amount due from

approved Reserve Agents_____ .. --__ 30,093.22

Checks for Clearing and Due from

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

48.50

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

None

Overdrafts....... __ ... . . . .. . .. .. ..

31.99

Advance on Cotton and other Com-

modities........................... 1.591.67

Customers Liability on Letters of

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

None

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

None

Other Resources... . . . . .. . .. . . . . . . . . . . . .- -1, 5-40.4-1

Total............................$ 67,433.78

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 .............. BNioltlessPaanydaBblilels-Re-di-s-cou-n-te-d-...... Other Liabilities........... _.......

15,000.00 None
15,000.00 112.39 None None 900.00 6.21 None
26,147.99 10,267.19
None None None None None

Total.......... - $ 67,433.78

NINETEENTH ANNUAL REPORT

61

STATEMENT Showing condition at the close of Business December 31, 1938, of the

KENNESAW STATE BANK Kennesaw, Ga.

As called for by the Superintendent of Banks.

J. G. LEWIS, President.
Date of Charter: 4-20-1910

L. C. CHALKER, Cashier.
Began Business: 3-1910

RESOURCES:

Loans and Discounts.... -- .... _______ $ 39,209.22

state of Georgia and Municipal

Bonds owned.. - - --- - ---- - --------
U.s. Government Securities owned...

None 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

CaasphprionvVedaRuletsearnvde AAmgeonutsn_t_d__u_e___fr_o__m_ 8,938.81

Checks for Clearing and Due from

other Banks ________ ------------------

None

Cash Items..... --------------------------

None

overdrafts.. -----------------------------

112.43

Advance on Cotton and other Com-

modities------------------------------- 6,398.81

customers Liability on Letters of Credit and Acceptances_____________ _

None

Profit and Loss ____ ---------------------

None

Other Resources

------------------- - -N-on-e

Total-------------- -------------- _____ .. $ 63,570.95

LIABILITIES:
Capital Stock---------------------- ___ .$ SCuarppiltuals NFuotneds___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Undivided Profits ______ .. --- - .. --- __ DReuseertvoeBFaunnkdss_._-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_ DC ai vsihdieenr 'ds sCUhne cpkasi .d.-.-_-_-_-_-_-__-_- ---_---_-_-----_-_-_-__- -_ Certified Checks ___________ .......... - Demand Deposits ....... -- __ .... ____ __ Time Certificates of Deposits________ __ Savings Deposits _________________ - - -Letters of Credit and Acceptances BielxlsePcuatyeadbfloer__C__u_s_t_o_m__er.S. -__-.-.-.-.--_-_-_-__-_-_- _ Notes and Bills Rediscounted. _______ _ Other Liabilities________ .. __ ----- ___ ----

15,000.00 None None
1.330.62 1,800.00
None None
3.59 None 17,463.76 27,972.98 None None None None None

TotaL. ______________________ --------- __ .$ 63,570.95

STATEMENT Showing condition at the close of Business December 31, 1938, of the

STATE BANK OF KINGSLAND Kingsland, Ga.

As called for by the Superintendent of Banks.

S. C. SHEFFIELD, President,
Date of Charter: 11-26-1912

F. T. TILLER, Cashier.
Began Business: 12-10-1912

RESOURCES:

Loans and Discounts________ ----------$

State of Georgia and 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 _____ .... __ ..

Choethckesr Bfoanr kCs _l_ea.r.i_n_g___a__n_d.. _D__u_e___f_r_o__m_

COvaesrhdrIateftms_s_______________--_-_-_-_----_-_-__-_-_-_-_--_------

Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d__o__t_h_e__r__C__o_m._-

Customers Liability on Letters of Credit and Acceptances _____________ _
Profit and Loss _________________________ _

Other Resources ... ---------------------

77,592.96 None 475.00 None 700.00 800.00
1,500.00 44,339.33
None None
8.09 None None None 1,739.87

TotaL__________________________________ $ 127.155.25

LIABILITIES:

Capital Stock _______________________ $

SCuarppiltuals NFoutneds __________-_-_-_-_-_-_-_-_-_-_______ _

Undivided Profits ______________ - __ _

Reserve Funds _____ -- _ . _____ ....

Due to Banks _____ .... --- .. - .... _____ _

DC ai vsihdieenr 'ds sCUh encpkasi d__-_-_-_-_-_-_-_-_-_-__-_-_- -.-_-_-_-_-__-_- -_ 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
10,500.00 2,073.77
None None None 123.77 None 68,781.42 200.00 30,476.29 None None None None

TotaL.. _______________________________ .. $ 127,155 .21>

62

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF LAFAYETTE LaFayette, Ga.

As called for by the Superintendent of Banks.

W. A. ENLOE, President.
Date of Charter: 11-13-1899

C. C. GILBERT, Cashier.
Began Business : 1899

RESOURCES:

Loans and Discounts___________________ $ 313,467.23

State of Georgia and Municipal

Bonds owned ________________ - .... -- 64,920.51

U. S. Government Securities owned... 53,865.39

Other Stocks and Bonds owned.--- .. 3,000.00

Banking House and Lot .... ----------- 28,000.00

OFuthrneritRureealaEndstaFtiextouwrense-d-.--__-__-_-_-_-_-__-_-_--_

4,500.00 39,490.10

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 224,538.66

Checks for Clearing and Due from

otherBanks .. _______ -----Cash Items _______________________ -------Overdrafts_______________________ --------

None None 546.86

Admvoadnicteieso_n___C__o__tt_o__n__a__n_d___o_t_h__e_r__C__o_m_ _-

None

Customers Liability on Letters of

Credit and Acceptances _____________ _ Profit and Loss _________________________ _ Other Resources _______________________ _

None None None

Total. _________________________________ .. $ 732,328.75

LIABILITIES:

Capital Stock---------- - - - - - - - - $ 50,000.00

Capital Notes ..... _ - - - - .. - - Surplus Fund ................. - .. -

None 40,000.00

Undivided Profits.... _ .. -------------- 2,230.50

DReuseertvoeBFaunnkdss_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_

None None

Dividends Unpaid---------------------- 4,000.00

Cashier's Checks ______ -----------------DC eermt iaf inedd DCehpeocskist s_________-_-_-_-__- _-_-_-_-_-_-_-_-_-_-_-_-_- -_ Time Certificates of Deposits_________ _

60.00 None 347,512.36 68,230.44

Savings Deposits... _________ -- __ -------- 220,259.55

Leetxteecrsuteodf foCrreCduisttoamnedrs A__c__c_e_p__ta__n_c_e_s_ Bills Payable.... _______________________ _ Notes and Bills Rediscounted ________ _ Other Liabilities. ________ ---------------

None None None 35.90

TotaL_________ ....... - .............. - $ 732,328.75

STATEMENT Showing condition at the close of Business December 31, 1938, 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:

Loans and Discounts __________________ $ 883,847.75

StBaotendsoof wnGeedo.r.g.i.a____a_n__d____M__u__n_i_c_i_p__al_ 84,729.69

U. S. Government Securities owned... 263,421.48

Other Stocks and Bonds owned_-- __ ._ Banki11g House and Lot _______________ _

66,474.18 21,585.64

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

None

Other Real Estate owned-------------- 1,279.84

Cash in Vault and Amount due from

approved Reserve Agents_____________ 1,063,453.35

Checks for Clearing and Due from other Banks. __________________ ---- .. --
Cash Items______________________________ _ Overdrafts._. ______________________ .. ___ _ Advance on Cotton and other Com-

4,459.01 5,159.61
204.86

modities-----------------______________ 607,259.02

Customers Liability on Letters of Credit and Acceptances _____________ _
Profit and Loss ________________________ __

None None

Other Resources----- _______ ------------ 6,432.04

TotaL ______ .... ___ . _______________ . _____ .$3,008,306 .47

LIABILITIES:

Capital Stock---------------------------$ 100,000.00

Capital NoteS---------------------------

None

Surplus Fund--------------------------- 100,000.00

Undivided Profits.. --------------------- 41,950.61

Reserve Funds__________________________ 41,497.91

Due to Banks____________________________ 17,999.60

Dividends Unpaid______________________ 10,000.00

Cashier's Checks________________________

923.98

Certified Checks------------------------

26.10

Demand Deposits----------------------- 1,929,607.30

Time Certificates of Deposits__________

None

Savings Deposits________________________ 765,916.18

Letters of Credit and Acceptances BielxlsePcuatyeadbfleor..C. _u_s__to__m__e__r_s_._-_-_--------------------ONothteesr aLnidabBiliiltliseRs.e.d..i_s_c_o__u_n__t_e_d_-_-__-_-_-_-_--_-_

None None None 384.79

TotaL .. _____________________________ ....$3,008,306.47

NINETEENTH ANNUAL REPORT

63

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS & MERCHANTS BANK Lakeland, Ga.

As called for by the Superintendent of Banks.

W. L. MILLER, President.
Date of Charter: 4-18-1907

W. C. BANKS, Cashier.
Began Business: 1907

RESOURCES:

r.oans and Discounts ___________________ $ 116,647.93

state of Georgia and Municipal

Bonds owned __ -----------------------U. s. Government Securities owned... other Stocks and Bonds owned. _____ _ Banking House and Lot _______________ _ Furniture and Fixtures _______________ _

5,000.00 None None
2,000.00 1,500.00

other Real Estate owned-------------- 9,650.00

caasphprionvVedauRletsearnvde AAmgeonutsn_t_d__u__e__f_r_o__m_ 86,661.05

Checks for Clearing and Due from

other Banks---------------------------
g~~Jii:fr;:_-:::::::::::::::::::::::::::::

None None 47.15

Advance on Cotton and other Com-

modities------------------------------Customers Liability on Letters of
Credit and Acceptances _____________ _ Profit and Loss_________________________ _

None None None

Other

Resources

_____

---------

_________

_
-

-

-N-on-e

TotaL-----------------------------------$ 221,506.13

LIABILITIES:
Capital Stock --------------------------$ SCuarppiltuals NFoutneds___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Undivided Profits ____ . ______ -------- ___ _ DR euseetrov eBFaunnkds s__. -__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_- -_
DCaivsihdieenr'dssCUhnecpkasid__-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_ DCeermtiafineddDCehpeocskists____________________-_-_-_-_-_-_-_-__________ __ STaimviengCseDrteifpiocasittess_o__f_D__e__p_o__s_i_ts___________________ __ Leetxteercsuteodf foCrreCduisttoamnedrs _A__c_c_e_p__t_a_n_c_e_s_ Bills Payable ___________________________ _ NOothteesr aLnidabBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d_-_-_-_-__-_-_-_--_

25,000.00 10,000.00 4,000.00 1.900.63 1,000.00
None 30.00 250.02 None 88.951.15 79,652.91 10,721.42 None None None None

TotaL.. ___________________ ---------- ____$ 221,506.13

STATEMENT Showing condition at the close of Business December 31, 1938, of the

LAKE PARK BANK Lake Park, Ga.

As called for by the Superintendent of Banks.

EWELL BROWN, President.
Date of Charter: 1-22-1906

EWELL BROWN, Cashier.
Began Business: 3-1906

RESOURCES:

Loans and Discounts ___________________ $ 30,715.83

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_

None

U.S. Government Securities owned __ _

100.00

Other Stocks and Bonds owned ______ _ Banking House and Lot _______________ _

None 800.00

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

400.00

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

421.00

Cash in Vault and Amount due from

approved Reserve Agents ________ .____ _ 13,921.74

Choethcekrs Bfaonr kCs _le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_

None

Cash Items________________ ... ------------

None

Overdrafts.. ____ . ___ . ______ .. ----- __ .... _

22.36

Amdvoadnicteieso_n___C__o_t_t_o_n...a_n__d..o__t.h.e__r_ -C-o--m--.

None

Customers Liability on Letters of

PrCofrietdaint adnLdoAssc_c__e_p_t_a__n_c_e_s___________________________ __

None None

Other Resources------------------------- - N-on-e

TotaL ____________ ------------------------$ 46,380.93

LIABILITIES:
Capital Stock_--------------------------$ Capital Notes_-------------------------Surplus Fund--------------------------RUensdeirvviedeFduPndrosf_i_t_s_______-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-____ Due to Banks___________________________ _ DC ai vsihdieenr 'ds sCUh ne cpkasi d__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_- -_ DCeermtiafineddDCehpeocskists--_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_--_ Time Certificates of Deposits _________ _ Savings Deposits ______________ ---------Leetxteercsuteodf foCrrCeduisttoamnedrs A__c__c_e_P__t_a_n_c_e_s_ Bills Payable ___________________________ _ Notes and Bills Rediscounted ________ _ Other Liabilities _____ -------- __ --- _____ _

15,000.00 None
1,770.21 1,541.73
None None None 15.90 None 22,935.91 5,117.18 None None None None None

Total. ______________ ._ .... ____ .... _._._ ...$ 46,380.93

64

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BRAND BANKING COMPANY Lawrenceville, Ga.

As called for by the Superintendent of Banks.

BARTOW MORGAN, Jr., President.
Date of Charter: 6-2-1905

F. F. DOWIS, Cashier.
Began Business: 7-17-1905

RESOURCES:

Loans and Discounts___________________ $ 216,842.97

State of Georgia and Municipal

Bonds owned.... -------------------- 52.751.30

U. S. Government Securities owned ... 121.725.00

Other Stocks and Bonds owned ______ _ Banking House and Lot.. _____________ _

24.551.25 None

Furniture and Fixtures.-------------- 1,955.00

Other Real Estate owned-------------- 25,140.10

Cash in Vault and Amount due from

approved Reserve Agents ...... ______ _ 151.969.47

Choethckesr Bfaonr kCs _l_e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items. _____________________________ _ Overdrafts ... __ ._._. _____ . ______________ _

7.492.08 None None

Advance on Cotton and other Com-

modities _________ . ____________ --------- 17.101.53

Customers Liability on Letters of

Credit and Acceptances. ____________ _ Profit and Loss. ________________________ _ Other Resources. ______________________ _

None None None

TotaL ___ ------- __________________________ $ 619, E28.70

LIABILITIES:

Capital Stock_--------------------------$ Capital Notes.-------------------------USunrdpilvuisdeFduPndro-f-i-t-s-.-.-.-_-.-.-_-_-_-_-.-_-_-.-_-_-_-_-__-_-_--_ Reserve Funds _________________________ _ Due to Banks ___________________________ _ Dividends Unpaid _____________________ _ Cashier's Checks_______________________ _
DCeermtiafinedd DCehpeocskists.-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Time Certificates of Deposits _________ _ Savings Deposits. _____ . ___ ._. __________ _

~
None 50.000.00 12.127.87
None None 1.500.00 109.40 None 222.404.19 None 283,387.24

Letters of Credit and Acceptances

executed for Customers.------------Bills Payable ____ -----------------------Notes and Bills Rediscounted--------Other Liabilities ...... ________ -------- __

Nona None None None

TotaL ..... ------------.------------- ....$ 619,528.70

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF LENOX Lenox, Ga.

As called for by the Superintendent of Banks.

J. D. ROBINSON, President.
Date of Charter: 6-20-1907

R. H. ROBINSON, Vice-Pres. & Cashier. Began Business: 6-25-1907

RESOURCES:

Loans and Discounts___________________ $ 58,077 .63_

StBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l

None

U. S. Government Securities owned...

None

Other Stocks and Bonds owned. _____ _ Banking House and Lot _______________ _

None 650.00

Furniture and Fixtures.--------------Other Real Estate owned. ____________ _

650.00 None

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 146,601.81

Choethckesr Bfoanr kCs _l_e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items..... _________________________ _ Overdrafts .. _______________ . ____________ _

3,764.67 None 1.95

Admvoadnicteieso_n___C__o_t_t.o_n___a_n__d___o.t_h_e__r__C__o_m_ _-

None

Customers Liability on Letters of

PrCofrietdaitnadnLdoAssc_c__e_p_t_a_n__c_e_s__._._._._._._._._._._._._. ._

None None

Other Resources _____ -------------------

None

TotaL .... -------------------------------$ 209.746.06

LIABILITIES:
Capital Stock. __________________________$
SCuarppiltuals NFoutneds._-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_ Undivided Profits. ___________________ . __
DR eusee rt ov eBFaunnkds s. ...-.-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-__- -_
DCaivsihdieern'ds sCUhencpkasi.d.-_-.-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-._CDeermtiafinedd DCehpeocskists--_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_--_ 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 None
ll.250.00 348.43 None
10.000.00 1,500.00
79.04 None 68,043.46 93,525.13 None None None None None

TotaL.. _________ --------- _____________ ..$ 209,746.06

NINETEENTH ANNUAL REPORT

65

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF LESLIE Leslie, Ga.

As called for by the Superintendent of Banks.

E. B. WALLACE, President.
Date of Charter: 2-4-1905

W.T. ANDERSON, Vice-Pres. & Cashier.
Began Business: 1905

RESOURCES:

Loans and Discounts ___________________ $ 27.196.18

state of Georgia and Municipal

Bonds owned _________ ----------------- 16.000.00

U s Government Securities owned ...

850.00

OBtahnekriSngtoHcokus saenadnBdoLnodts_o__w__n_e__d____-_-_-_-_--_

7.000.00 4,000.00

OFuthrenritRureealaEndstaFtiextouwrense.d--.-_-_-_-_-_-_-_-_-__-_-_--_

2,000.00 5,000.00

cash in Vault and Amount due from approved Reserve Agents ____________ _ 53,273.47

Choethckesr BfoarnkCs.le__a_r_i_n_g___a__n_d___D_ _ue from

651.92

g~~JrtiJr~_-_-_-::::::::::::::::::::::::::::

None None

Advance on Cotton and other Com

modities-------------------------------

None

customers Liability on Letters of

Credit and Acceptances _____________ _

None

f!th~~ ~~ot~~8::::::::::::::::::::::::

None 192.50

----

TotaL ..................... _____________$ 116,164.07

LIABILITIES:
Capital Stock ___________________________$ Capital Notes. ____ ---------------------Surplus Fund--------------------- _____ _ Undivided Profits. __________ -----------RDeuseertoveBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_____________ __ Dividends Unpaid _____________________ _ Cashier's Checks _______________________ _ CDeermt iaf inedd DCehpeocskist s. .______-_-_-_-_-_-_-_-_-_-_-_-__- _-_-_-_-_- -_ 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 None
10.000.00 3,016.44
None None 1,016.00 259.25 None 58.305.04 18.567.34 None None None None None

TotaL. _________________________________$ 116,164.07

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS STATE BANK Lincolnton, Ga.

As called for by the Superintendent of Banks.

J. H. BOYKIN,

H. B. PITT,

President.

Cashier.

Date of Charter: 9-26-1911

Began Business: 12-2-1911

RESOURCES:

LIABILITIES:

------

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

-------

Loans and Discounts____________ . ______$ 74,628.24

Capital Stock_--------------------------$ 25,000.00

State of Georgia and Municipal

Capital Notes _________________________ __

None

Bonds owned__________________________ 2.931.10

Surplus Fund. ------------------------ 15,000.00

U.S. Government Securities owned... 62,025.16

Undivided Profits______________________ _ 13,828.65

Other Stocks and Bonds owned.______ 1,200.00 Reserve Funds.----------------------- __

None

Banking House and Lot---------------- 2,750.00

Due to Banks. _________ __________ __ 9,658.18

Furniture and Fixtures_---------------

1.00 Dividends Unpaid_______ ___________ _

608.00

Other Real Estate owned_-----------__

716.00

Cashier's Checks______________________ _

None

Cash in Vault and Amount due from

Certified Checks. ___________ _

None

approved Reserve Agents_____________ 110.756.11

Demand Deposits _______________ _

128.542.06

Checks for Cleming and Due from otherBanks___________________________

None

Time Certificates of Deposits __

12.902.06

Savings Deposits_______________ ___ _ 55,534.32

Cashitems_______________________________

367.50 Letters of Credit and Acceptances

Overdrafts_______________________________ Advance on Cotton and other Com-

45.55

executed for Customers.------------BillsPayable. _________________________ __

None None

modities ... ____________________________ 8.808.27

Notes and Bills Rediscounted---------

None

Customers Liability on Letters of

Other Liabilities ______________________ __ 3,155.66

Cndit and Acceptances.. _________ __ Profit and Loss _______________ _ Other Resources. ____________ _

None None None

TotaL ___________________________________ $ 264,228.93

TotaL ______ ---------- ___________________ $ 264.~28 .93

66

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE PEOPLES BANK Lithonia, Ga.

As called for by the Superintendent of Banks.

I. M. STARR, Sr., President.

I. M. STARR, Sr Cashier. .,

Date of Charter: 8-26-1910

Began Business: 1910

RESOURCES:

Loans and Discounts ___________________$ StBatoendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ 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 ____________ _ Choethckesr Bfaonr kCs _l_e_a_r_i_n-g-- _a__n_d___D- _u_e___f_r_o__m_ Cash Items __________ ---- ________________ _ Overdrafts __________ ---- ________________ _ Admvoadnicteieso_n_ . _C_o__t_t_o_n___a_n__d___o_t_h__e_r__C__o.m...-
CuCsrteodmiterasndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_f_
POrtohfeitr aRnedsoLuorcsse-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

42,235.48 None
65,569.82 None
4,000.00 500.00
1,080.25 85,136.73
None None None None None None None

TotaL ____ -------------------------------$ 198,522.28

LIABILITIES:

Capital Stock--------------------------.$ Capital Notes.-------------------------SUunrdpilvuisdeFduPndro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_
DR euseetrov eBFaunnkds _s_._-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_- -_
Dividends Unoaid ---------------------Cashier's Checks ______ -----------------Certified Checks. ____________ ----------TDiemmeaCnderDtifeiocoasteitsso--f-D--e--o-o--s-it-s--__-_-_-_-_-_-_-_--_ Savings Deposits_________ --------------Letters of Credit and Acceptances
executed for Customers _____________ _ Bills Payable .. _____________ .-- ________ .. Notes and Bills Rediscounted ________ _ Other Liabilities...... _____ --- _________ _

25,000.00 None
20,000.00 4.593.88
None None 2,000.00 232.56 None lll.593.65 24,582.41 10,519.78
None None None None

TotaL.. ----- .. -------------------------.$ 198,522.28

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE FARMERS BANK Locust Grove, Ga.

As called for by the Superintendent of Banks.

J. 0. MINTER, President.
Date of Charter: 1-3-1910

H. C. CHILDS, Cashier.
Began Business: 1-1910

RESOURCES:
Loans and Discounts __________________ $ StBatoendsoof wnGeedo._rg. i_a____a_n__d____M__u__n.i_c.i_p__al_ 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--------------------------OCavsehrdIrtaefmtss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d__o__t_h_e__r__C__o_m_ -_ Customers Liability on Letters of
Credit and Acceptances _____________ _ Profit and Loss _________________________ _ Other Resources------------------------
TotaL------------------------------------$

43,314.72 None
4,000.00 None
1,250.00 500.00 200.00
13,941.55 124.36 None 8.54
4,326.31 None None None
67,665.48

LIABILITIES:
Capital Stock-- ------------------------$ Capital NotEs_-------------------------Surplus Fund--------------------------Undivided Profits.. --------------------Reserve Funds_--------------- _________ _ DDuiveidtoenBdasnUkns-p-a--i-d-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Cashier's CheckS--- ____________________ _ DCeermtiafineddDCehpeocskitss--_-__-_-_--. -_-_-_-_-__-_-_-_-_-_-_-_-_-_-_--_ Time Certificates of Deposits _________ _ Savings Deposits ----------------------Letters of Credit and Acceptances
executed for CustomerS-------------Bills PaYable------------------ _________ _ NOothteesr aLnidabBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d_________________ __

15,000.00 None
5,000.00 43.70 None None 755.50 66.27 None
41.169.07 5,000.00
None None None None 630.94

TotaL ... __ ._.-------- ___ .----- ... --------$ 67,665.48

NINETEENTH ANNUAL REPORT

67

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS STATE BANK Lumpkin, Ga.

As called for by the Superintendent of Banks.

E. L. CARTER, President.
Date of Charter: 10-21-1911

A. T. FORT, Cashier. Began Business: 12-1911

RESOURCES:

Loans and Discounts ___________________$ 57' 722.11

state of Georgia and Municipal

Bonds owned.... ---------------------- 6,114.50 U.s. Government Securities owned ... 14,831.20

Other Stocks and Bonds owned- _____ _ 5,878.40

Banking House and Lot----------------

None

FUrniture and Fixtures.---------------

1.00

Other Real Estate owned.------------- 3,025.00

Cash in Vault and Amount due from approved Res~rve Agent~ ____________ _ 127.513.42

Cheaks for Clearing and Due from

other Banks ------ ---------

473.75

g~i;Jrt:fr; ~~:::::::::: :::::::::::::::::

None .86

Advance on Cotton and other Com-

modities------------------------------- 7l ,371.41

Customers Liability on Letters of

Credit and Acceptances_____________ _

None

~7t~~ ~~~o~~~es::::::::::::::::::::::::

None None

TotaL-----------------_------------- _____$ 286,931.65

LIABILITIES:

Capital Stock ---------------------- ...$ CSuarppitlauls NFoutneds _-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--..-. Undivided Profits. ___ ----- _____________ _ DReuse~rtvoeBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_
Dividends Unpaid---------------------CCearsthiifeier'ds CChheecckkss_.._.__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
TDiemmeaCnderDtiefipcoastietss o-f-D--e--p-o--s-it-s--__-_-_-_-_-_-_-_--_ Savings Deposits ____ -------------------Letters of Credit and Acceptances
executed for Customers _____________ _ Bills Payable ___________________________ _
ONothteesr aLnidabBiliiltliseRs _e_d__i_s_c_o__u_n__te__d_-_-_-_-_-__-_-_--_

28,000.00 None
15,000.00 1,250.68
None None 34.50 418.34 None 202,592.66 32,374.70 7,260.77
None None None None

TotaL--------------------- -------------$ 286,931.65

STATEMENT Showing condition at the close of Business December 31, 1938, of the

LUTHERSVILLE BANKING COMPANY Luthersville, Ga.

As called for by the Superintendent of Banks.

E. C. NORRIS,

L. W. McKOON,

President. Date of Cashier: 10-11-1905

Cashier. Began Business: 8-3-1906

RESOURCES:
Loans and Discounts___________________$ StBatoendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ 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 _____________ _ Choethckesr BfoarnkCs.le__a_r_i_n_g___a__n_d___D_ue from Cash Items ___________________ --Overdrafts. _________ --------------------Advance on Cotton and other Com-
modities- ___ --------------------------Customers Liability on Letters of PrCofrietdaitnadnLdosAs.c_c_2Ptan__c_e__s_. __ Other Resourcas. ______________ _
TotaL. __________________________________ $

29,040.38
None 850.00 600.00 1, 700.00 949.00 5,365.00
31,547.53
None None 74.58
2.217.69
None None Nona
72,344.18

LIABILITIES:

-----

Capital Stock_________________ _____$ Capital Notes ___________________ _ Surplus Fund. _________________ _

25,000.00 None
1,373.06

Undivided Profits ______________ _

None

RDeuseertoveBFaunnkds _s_.______________-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_--_

Dividends Unpaid

____________ _

None None None

Cashier's Checks __

408.86

DCeermtiafineddDCehpeocskists_____________________ _

None 35,899.57

TSaimviengCseDrtiefpicoastietss_o__f_D__e__p_o__s_i_ts_______________ _

9,662.69 None

Letters of Credit and Acceptances

BielxlsePcuayteadblfeo_r__Customers __________ _

None None

Notes and Bills Rediscounted _______ _

None

Other Liabilities.. ---------------------

None

TotaL ___________________ _

-- ___ $ 72,344.18

68

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE PEOPLES BANK Lyons, Ga.

As called for by the Superintendent of Banks.

Wm. A. ESTROFF, President.
Date of Charter: 5-4-1935

W. T. CHINA, Cashier.
Began Business: 6-1-1935

RESOURCES:

Loans and Discounts ___________________ $ 66,269.31

StBatoendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p_a_l_ 2.176.92

U.S. Government Securities owned--- 5,000.00

Other Stocks and Bonds owned ______ _ Banking House and Lot_ ______________ _

None 1,500.00

Furniture and Fixtures _______________ _

500.00

Other Real Estate owned _____________ _

None

Cash in Vault and Amount due from

-approved Reserve Agents ___ _

144,582.88

Checl{S for Clearing and Due from

other Banks _____ _

860.84

Cash Items ______ _

None

Overdrafts __________ _

None

Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d__o__t_h_e__r__C_om-

2,622.04

Customers Liability on Letters of

Credit and Acceptances. ____ _ Profit and Loss _____________ _

None None

Other Resources ________ _

None

TotaL_

_____ $ 223,511.99

LIABILITIES:

Capital Stock---- _____________________$

Capital Notes __ ------------------------

SUunrdpilvuisdeFduPnrdo-f-i-t-s-_-__ _ -------------

Reserve FundsDue 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
5,000.00 185.82 None
5,000.00 None 964.13 None
165,643.01 31,719.03
None
None None None None

TotaL ____ _

_____________$ 223,511.99

STATEMENT Showing condition at the close of Business December 31, 1938, 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:

LoansandDiscounts___

______ $ 147,723.17

StBatoendsoof wnGeedo_r_g_i_a___a_n_d____M__u_n_i_c_i_p_al_ 13,500.00

U.S. Government Securities owned __ _ 24,500.00

Other Stocks and Bonds owned

None

Banking House and Lot_ __ _

4,150.00

Furniture and Fixtures

350.00

Other Real Estate owned ____________ _

1.00

Cash in Vault and Amount due from

approved Reserve Agents__ _

118,308.08

Checks for Clearing and Due from

otherBanks

_____________ _

504.00

Cash Items ___ _

114.41

fJ~~~aeft~n Cotton and other Com-

None

modities ____________ ----------------- 69,842.27

Customers Liability on Letters of

Credit and Acceptances_

None

Profit and Loss_

None

Other Resources __ _

None

Total ___ ----- ____ --------------------- ___$ 378,992.93

LIABILITIES:

Capital Stock-

___ $ 50,000.00

Capital Notes

None

Surplus Fund_

15,000.00

Undivided Profits__

101.21

Reserve Funds __

4,000.00

Due to Banks ___ _

None

Dividends Unpaid-

1,022.00

Cashier's Checks___ _

1,357.32

Certified Checks _________ _

None

DemandDeposits_

___ _

257,878.16

Time Certificates of Deposits__ _

49.634.24

Savings Deposits _______________________ _

None

Letters of Credit and Acceptances B ielxl sePc uatyeadbfl oe r__C__u_s_t_o__m__e_r_s__

None None

ONothteesr aLnidabBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d___--_-

None None

TotaL __________________________________ $ 378,992.93

NINETEENTH ANNUAL REPORT

69

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITY BANK AND TRUST COMPANY 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:

LIABILITIES:

~sandDiscmmts --~---$ ----~

~----

-----------~---

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

815,800.62

CapitalStock

____________ $ 110,000.00

State of Georgia and Municipal

Capital Notes

None

Bonds O\lined--~-~--

10.000.00

Surplus Fund-

50,000.00

U.s. Government Securities owned~-- 325.610.43

Undivided Profits

36,244.74

Other Stocks and Bonds owned.------ 14.500.00

Reserve Fw1ds

5,(il7 .13

Banking House and Lot____ ___________ 37,325.00

Due to Banks~~~-

13.795.48

Furniture and Fixtures--~-

____ 4,086.16

Dividends Unpaid __

-1,400.00

Other Real Estate owned.-~---~------- 63,813.39 Cash in Vault and Amount due from

Casllier's Chccks~--Certified Checks ______________ _

2' 979.03 2fil.25

from approved Reserve Agents__ __
Checks for Clearing and Due

364,29-1.12

Demand Deposits___ ___ Time Certificates of Deposits __ _

978,095.00 17,200.00

other Banks------- ____ ---

19,552.53

Savings Deposits ------------- _________ _ 481,410.52

Cash Items

1.103.41

Letters of Credit and Acceptances

overdrafts_________________

Nonc

executed for Customers_

None

Advance on Cotton and other Com-

Bills Payable---- ___ ___________ _

None

modi ties.

None

Notes and Bills Rediscounted __

None

Customers Liability on Letters of

Other Liabilities~------------------

None

Credit and Accoptances

None

Profit and Loss~--

None

Other Resources.

13,917.49

TotaL

------- __ $1 '700,003 .15

TotaL. _____ _

--.$1 '700,003 .15

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF MADISON Madison, Ga.

As called for by the Superintendent of Banks.

F. C. NEWTON, President.
Date of Charter: 12-26-1888

E. G. ATKINSON, Cashier.
Began Business: 1-1-1890

RESOURCES:

Loans and Discounts___

_______ $

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_

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~~~---------

Choethckers BfoarnkCs.le__a_r_i_n_g___a__n_d___D_ _ue from

Cash Items.

__________ _

Overdrafts ______________________________ _

Amdvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h_e__r---C--o-m-_-

Customers Liability on Letters of Credit and Acceptances _____________ _
Profit and Loss. ________________________ _ Other Resources _______________ _

181,602.08
1,000.00 None
24,67fi .14 5,000.00 2,14l.9fJ 22,273.21
88,239.90
993.07 None 323.34
2,042.06
None None None

TotaL-----~---------------------- _______ $ 328,291.75

LIABILITIES:

CCaappiittaall SNtootceks _________ _

-------$

Surplus Fund _________ _

Undivided Profits _____ _

Reserve Funds_ ------------ __________ _ Due to Banks __________________________ _

Dividends Unpaid ____________________ _

Cashier's Checks______________________ _

Certified Checks_____

____________ _

Demand Deposits_

__________ _

Time Certificates of Deposits ________ __

Savings Deposits _____________ ~----------

Letters of Credit and AccePtances executed for Customers _____________ _
Bills Payable ___________________________ _

Notes and Bills Rediscounted--------Other Liabilities~~---------------------

50,000.00 None
40,000.00 1,664.93
None None 5fi9.50 221.50 None 157,883.48 8,230.10 69,722.24
None None None None

TotaL ___ - __ ------- ____ ------ _____ ----- __ $ 328,291.75

70

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF MANCHESTER Manchester, Ga.

As called for by the Superintendent of Banks.

JAS. S. PETERS, President.

L. M. BRADFORD Cashier. '

Date of Charter: 1-28-1910

Began Business: 2-2-1910

RESOURCES:

LIABILITIES:

Loans and Discounts ________________ ..-_-$ StBatoendsofownGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_

-------317,563.04 ll6,17l.80

-

-

----------------
Capital Stock.--------------------------$ Capital Notes_---------------- _________ _ Surplus Fund. ___ ----------------------

U.S. Government Securities owned ... 7,400.00 Other Stocks and Bonds owned ______ _ 15.000.00

RUensdeirvviedeFduPnrdosf.i.ts...___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

Banking HOUSE and Lot.._______ ----- \

Furniture and Fixtures.______

__ f

6,901.66

DDiuveidtoenBdasnUksn.p..ai-d---_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

Othu Real Estate owned. ------------ 14,412.70

Cashier's Checks_______________________ _

Cash in Vault and Amount due from approved Reserve Agents ___________ _ 194,193.52

CDeermtiafinedd DCehpeocskists.... _-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_--_

ChoethckesrBfaonrkCs .l.e.a.ri_n_g___a_n__d___D__u_e___fr_o__m_

Cash Items ______________________________ _

Overdrafts.

___________________ _

None 361.47 l' 136.49

Time Certificates of Deposits _________ _ Savings Deposits .. __ _ Letters of Credit and Acceptances
executed for Customers_-----

Admvoadnictieeso._n_ Co__t_t_o_n___a_n__d__ othe_r___C__o_m_ _- 16,532.07 Customers Liability on Letters of

Bills Payable________

---------

NOothteesr aLniadbBiliiltliseRs.e.d_.i_s_c_o__u_n__t_e_d___-_-_-_-_-_-_--_

Credit and Acceptances... __________ _ Profit and Loss _________________________ _

None None

Other Resources------------ ___________ _ 3,460.56

~ 1oo.oNooo.noeo
33,729.91 None None
8.180.00 6,300.49
None 246.455.03 61,075.50 171' 324.77
None None None 13,067.61

TotaL ... ---._.-- .... --._. __ ..............$ 693.133.31

TotaL .. -------------------------------.$ 693,133.31

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE CITIZENS BANK Marshallville, Ga.

As called for by the Superintendent of Banks.

C. C. HASLAM, President.
Date of Charter: 12-24-1906

C. C. HASLAM, Cashier.
Began Business: 1-1-1907

RESOURCES:

Loans and Discounts___________________$ ll0,976.79

State of Georgia and Municipal

Bonds owned--------------------------

None

U. S. Government Securities owned... 5,225.00

BOathnekrinSgtoHckosusaenadnBdoLnodts.o..w..n_e__d_-_-_-__-_-_--_

None 2,913.00

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

251.57

Other Real Estate owned.------------- 3,450.00

Cash in Vault and Amount due from approved Reserve Agents .. __________ _ 48,649.71

Checks for Clearing and Due from

CaosthheItreBmasn.k..s.-.-.-..--_-__-_-_-_--. -_-__-_-_-_-_------------------Overdrafts.. ____ .. ______________________ _

148.72 None 73.50

Admvoadnicteieso_n___C. o__t_t_o.n. __a_n__d__o__t_h_e__r__C__o_m_ _-

None

Customers Liability on Letters of

Credit and AccePtances... __________ _

None

Profit and Loss--------------------------

None

Other Resources------------------------

None

TotaL .. _______ . _________________ .---- ....$ 171,688.29

LIABILITIES:

Capital Stock.--------------------------$ Capital Notes.-------------------------Surplus Fund--------------------------Undivided Profits .... _______ ------ .. ---. Reserve FundS-------------------------DDiuvridtoenBdasnUksn-p-a--i-d-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Cashier's Checks.. _____________________ _
DCeermtiafineddDCehpeocskitss--_-_._-_-_-_-_-_-_-__-_-_-_-_____-_-_-_-_-_-__ 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 None
30,000.00 14,284.21
None None 900.00 153.33 None 69,14ij.24 5,000.00 34,201.51 None None None None

- - TotaL.. _--------- ____________ -----------$ !71 ,688.29

NINETEENTH ANNUAL REPORT

71

STATEMENT Showing condition at the close of Business December 31, 1938, of the

GEORGIA BANKING CO. Marshallville, Ga.

As called for by the Superintendent of Banks.

JOHN C. WALKER, JR., President.
Date of Charter: 9-19-1910

JOHN C. WALKER, JR., Cashier.
Began Business: 9-27-1910

RESOURCES:

LIABILITIES:

----~--------------------------

Loans and Discounts ___________________$ 36,681.76

Capital Stock_--------------------------$

state of Georgia and Municipal

Capital Notes.--------------------------

Bonds owned _______ ------------------U.S. Government Securities owned __ _

None None

SUunrdpilvuisdeFduPndro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_

Other Stocks and Bonds owned ______ _ Banking House and Lot_ ___ _

2.4Nooon_oeo

DReuseertvoeBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_

Furniture and Fixtures.--------------- 1,800_00 Other Real Estate owned.------------- 13,563.80

Dividends Unpaid. ____________________ _ Cashier's Checks ______________________ --

CaasphprionvVedauRletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ 30,203.94

Certified Checks-----------------------Demand Deposits-----------------------

Cohethcekrs Bfaonr kCs.l_e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_

279.24

Time Certificates of DePosits _________ _ Savings Deposits ______________ ----------

coavsehrdIrtaefmtss____________-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Amdvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ -_

None 37.69 None

Leetxteercsuteodf foCrreCduisttoamnedrs A__c__c_e_p__ta__n_c_e_s_ Bills Payable ___________________________ _ Notes and Bills Rediscounted---------

customers Liability on Letters of

Other Liabilities ______ ------------------

Credit and Acceptances_____________ _ Profit and Loss _________________________ _

None None

Other Resources------------------------

None

TotaL ________ -_---- _____ -_------ ______ -.$ 84.966 .43 TotaL _____ ------------------------ _____$

30,000_00 None
6,000.00 1,878-39
None None None None None
156.,o0o2o1_.9oo2
26,066.12 None None None None
84,966.43

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF MEIGS Meigs, Ga.

As called for by the Superintendent of Banks.

J. A. BOWERS, President.
Date of Charter: 5-8-1903

TOM SMITH, Cashier.
Began Business: 6-1903

RESOURCES:

Loans and Discounts ___________________$ 81,516.62

StBaotendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_

None

U.S. Government Securities owned... 24,039.40

BOat hnekri nSgt oHc kosu saenadnBdoLnodts_ o__w__n_e__d_-_-__-_-_-_- -_

None 4.180.00

Furniture and Fixtures.--------------- 1,3fi0.00

Other Real Estate owned-------------- 7,500.00

Cash in Vault and Amount due from approved Reserve Agents ____________ _ 64,256.04

Choethckesr Bfoanr kCs _le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_

None

COavsehrdIrteamftss.____________--_-_-____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_---------

None 149.99

Amdvoadnicteieso_n___C__o_t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _- 29,486.83

CuCsrteodmiterasndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_ f_ Profit and Loss _________________________ _

None None

Other Resources------------------------- - -69-0.7-1
TotaL ____ -------- _______________ . _____ ..$ 213,169.59

LIABILITIES:

Capital Stock_--------------------------$ Capital Notes--------------------------USunrdpilvuisdeFdunPdro-f-i-t-s-_-_-_-_-------_-_-_-_-_-_-_-_-_-__-_-_-_-_--_ DReuseertvoeBFaunnkdss_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_
DC ai vsihdieenr 'ds sCUh ne cpkasi.d.-.-------------_-_-_-_-_-__-_-_- -------- -_-_ Certified Checks--- ___ ---- _____________ _ TDiemmeaCnderDtiefipcoasteitsso--f-D--e--p-o-s--it-s--__-_-_-_-_-_-_-_--_ Savings Deposits _______________________ _ Letters of Credit and Acceptances BielxlsePcuatyeadbfloer..C__u_s__to__m__e_r_s__. ___________-_------------NOothteesr aLnidabBiliiltliseRs_e_d__i_s.c--o_u_n__t_e_d_-_-_-_-__-_-_-_--_

50,000.00 None
15,000.00 2,377.47 11,289.21
None 75.00 229.69 None 69,705.71 150.00 64,342.51
None None None None

TotaL.. ____________ -------------- __ ---.$ 213.169.59

72

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

METTER BANKING COMPANY Metter, Ga.

As called for by the Superintendent of Banks.

H. A. KENNARD, President.
Date of Charter: 7-25-1930
RESOURCES:

NITA BELLE LEE

Cashier. '

Began Business: 8-26-1935

LIABILITIES:

=

Loans and Discounts____________ ____ $ 70,128.73

State of Georgia and Municipal

Bonds owned ______ ----------- _______ _

None

U.S. Government Securities owned--- 12,300.00

Other Stocks and Bonds owned_

3!,000.00

Banking House and Lot_ ____ _ Furniture and Fixtures

5,750.00
7oo.oo

Other Real Estate owned- __

None

Cash in Vault and Amount due from

approYed Reserve Agents ____________ _ 173,686.99

Checks for Clearing and Due from

other Banks __________ -----------

None

COavsehr dIrtaefmt ss_._. __-_-_-_-_-_-_-_-_-_-_-_-_-_- -- ---- -_-_-__-_-_-_- ---- -_-_

None None

Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d__o__t_h_e__r__C__o_m_ -_ 6,718.60

Customers Liability on Letters of

Creclit and Acceptances _____ _

None

Profit and Loss _______ _

None

Other Resources------

969.00

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.oo0:00
None 6,000.00
1.o3o2o0..o5o6
None None 1-!2.30 None 251,840.46 None None
None 20,000.00
None None

TotaL _______ _

_______ $ 304,303.32

TotaL ____________ _

------------------------------------.

---~-
______$ 304,303.32

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF MILAN Milan, Ga.

As called for by the Superintendent of Banks.

R. C. CHAMBERS, President.
Date of Charter: 12-5-1906

D. R. NEWTON, Cashier.
Began Business: 12-1906

RESOURCES:

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

Loans and Discounts__________________ $ 26,674.06

State of Georgia and Municipal

Bonds owned.

-----------

7,559.55

U.S. Government Securities owned--- 23.201.25

Other Stocks and Bonds owned ______ _

None

Banking House and Lot_ ______________ _ 4,705.90

Furniture and Fixtures

723.00

Other Real Estate owned--------------

None

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 41,272.95

Choethckers Bfaonr ksC_l-e-a-r_i_n_g___a__n_d___D__u__e__f_r_o__mCash Items___________________ _ Overdrafts ______________________________ _

No2.n01e
None

Advance on Cotton and other Com-

modities------- ____________ -- _____ ----- 40,309.36

Customers Liability on Letters of

Credit and Acceptances _____________ _ Profit and Loss _________________________ _

None 394.88

Other Resources _______ -- ______________ _

13.28

TotaL ____________________________________ $ 144,886.25

LIABILITIES:

Capital Stock-------------

___ $

SCuarppiltuals NFoutneds_.-_-_-_-_________ _

Undivided Profits __________ _

Rest>rve Funds _______________ _

DDiuveidtoenBdasnUksn_p__a_i_d-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Cashier's Checks__________ ___________ _

Certified Checks--------------- --Demand Deposits-- ------------------Time Certificates of DepositS---------Savings Deposits______ ---------------Letters of Credit and Acceptances
executed for Customers_------------Bills Payable ____ ------ ___________ -------

NOothteesr aLnidabBiliiltliseRs _e_d_i_s_c__o_u__n_t_e_d__-_-_-_-_-_-_-_--_

15.000.00 7,500.00 4,000.00
None 2,700.00
None 33.50 288.83 None 74,176.29 41,187.63 None
None None None None

TotaL ___________________________________ $ 144,886.25

NINETEENTH ANNUAL REPORT

73

STATEMENT Showing condition at the close of Business December 31, 1938, of the

EXCHANGE BANK Milledgeville, Ga.

As called for by the Superintendent of Banks.

Otto M. CONN, President.
Date of Charter: 5-20-1903

H. G. BANKS, Cashier.
Began Business: 6-1903

RESOURCES:

Loans and Discounts ___________________$ 433,923.53

state of G :orgm and Municipal

Bonds owned. ------------------------ 58,104.45

U.s. Govenlment Securities owned __ _ 7!i,l38.58

Other Stocks and Bonds owned ______ _ 29,059.91

Banking House and Lot. ______________ _

None

Furniture and Fixtures _______________ _ 2.207.18

Other Real Estate owned _____________ _ 38,3C3 .42

cash in Vault and Amount due from

approved Reserve Agents _______ _

127,534.68

Checks for Clearing and Due from

other Banks -------------------------- 5,529 AO

g~~JJ::r; ~~::::::::::::::::::::::::::

None 197.53

Advance on Cotton and other Com-

modities______________ --

---- 28,195.ll

Customers Liability on Letters of

Credit and Acceptances ___ _

None

bW!i,~ ~~ot~~50s::::: :::::::::::::::::::

None 6,134.31

TotaL----------------- _________________ $ 804,388.10

LIABILITIES:

Capital Stock___

__________$ 100,000.00

Capital Notes_--

None

Surplus Fund --------

60,000.00

Undivided Profits ___ _

Reserve Funds

______________ _

Due to Banl,s _________________________ _

Dividends Unpaid ____________________ _

Cashier's Checks ______________________ _

Certified Checks ______________________ _

Demand Deposits ________________ _

15,459.20 None None 392.00
1,557.60 None
626. !l79 .30

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.

_________ $ 804,388.10

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE MERCHANTS & FARMERS BANK Milledgeville, Ga.

As called for by the Superintendent of Banks.

MARION H. ALLEN, President.
Date of Charter: 3-22-1898

L. C. HALL, Cashier. Began Business: 3-1898

RESOURCES:

Loans and Discounts__ ___

___ $ 388,850.62

State of Georgia and Municipal Bonds owned_______ _____ _

None

U.S. Government Securities owned.. 18,336.65

Other Stocl<s and Bonds owned ______ _

None

Banking HoUSll and Lot _______________ _ 9,467.61

Furniture and Fixtures --------------- 3,400.00

Other Real Estate owned_------------- 23,570.76

Cash in Vault and Amount due from approved Reserve Agents ____________ _ lll,086.07

Cohethcekrs Bfaonr kCs _le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ 3,375.25

Cash Items________ --------------------Overdrafts ________________ ---------------

174.01 148.04

Advance on Cotton and other Commodities _______________________ --------

None

Customers Liability on Letters of Credit and Acceptances _____________ _
Profit and Loss _________________________ _

None None

Other Resources------------------------

None

TotaL ___________________________________$ 558,409.01

LIABILITIES:

Capital Stock

____ $

Capital Notes

Surplus Funcl.

Undivided Profits __ _

Reserve Funds______ ________________ _

Due to Banks ___________________________ _

DCaivsihdieenr'dssCUhencpkasid__-_-_-_-_-_-_-_-_-__-_-_--_--------Certified Checks ______ _ Demand Deposits ______________________ _
Time Certificates of Deposits _________ _ Savings Deposits _______________________ _

Letters of Credit and Acceptances BielxlsePcuatyeadbfleor__C__u_s_t_o__m__e_r_s_________________ _

NOotbteesr aLnidabBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d_-_-_-__-_-_-_-_--_

80,000.00 None
80,000.00 3,ll2.10 6,572.31 None 768.00 1,261.07 None
386.69.3. 53 None None
None None None None

TotaL__________________________________ $ 558,409.01

74

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE MILLEDGEVILLE BANKING COMPANY Milledgeville, Ga.

As called for by the Superintendent of Banks.

MILLER S. BELL, President.
Date of Charter: 2-28-1874

MILLER R. BELL Cashier. '
Began Business: 9-13-1884

RESOURCES:

Loans and Discounts ___________________$ 612,048.09

StBaotendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_P__al_ 82,809.75

U. S. Government Securities owned ... 247,384.38

Other Stocl's and Bonds owned ______ _ Banking House and Lot _______________ _

37.973.50 l. 767.23

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

1.00

Other Real Estate owned-------------- 33,543.40

Cash in Vault and Amount due from

approved Reserve Agents............ . 319,738.19

Checks for Clearing and Due from

other Banks ___ ... ____ ..... ___________ _ 2,990.71

Cash Items ___________________ -----------Overdrafts_____________________________ ..

None 102.14

Advance on Cotton and other Com-

modltles ________________ --------------

None

Customers Liability on Letters of

PrCofrietdaitnadnLdoAssc_c__e_p_t_a_n__c_e_s__._._._._._._._._._._._._. ._ Other Resources_ .. ____________________ .

None None None

TotaL ___ ----- .. _________ . ________ .. ___ ..$1,338,358 .39

LIABILITIES:

CCaappiittaall NSototecs_k_._-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_.$

5D.iO:Qo None

Surplus Fund--------------------------- 100,000 00 Undivided Profits.______________________ 72,743:65

DReuseetroveBFanukns_d_s_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_- 23,5N00o.n0e0

Dciv iden,dsCUl npkaid______________________

949.60

as1uer s 1ec s __________ ------------- ll 003 79

DCeermtiafineddDCehpeocskist-s-.-_-_-_-__-_-_-_-_--, -_-_-_-_-__-_-_-_-_-_-_- 1,080,'1N61o.n3e5

T1me Ce1t1ficates of Deposlts__________

None

t~n~As ~{pg~~J;i--alid.--A"cceiliances None

BielxlsecPuatyeadbfloer__C__u_s_t_o__m__e_r_s____-_-_-_-_-_-_-_-_-_-_-_--_ NOothteesr aLniadbBiliiltliseRs.e. _d_i_s_c_o__u_n__t_e_d__-_-_-_-_-_-_-_--_

None None None None

TotaL------ -----------.- .... -------- ....$1,338,358.39

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF MILLEN Millen, Ga.

As called for by the Superintendent of Banks.

S. C. PARKER,

W. H. SHEPPARD, JR.,

President. Date of Charter: 1-4-1893

Cashier. Began Business: 3-1-1893

RESOURCES:

Loans and Discounts___________________ $ 195,124.13

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l 4,575.00

U.S. Government Securities owned... 259,293.75

BOathnekrinSgtoHckosusaenadnBdoLnodts.o..w..n_e__d_-_-_-_-__-_--_

3,000.00 13,500.00

Furniture and FixtureS---------------- 4,500.00

Other Real Estate owned--------------

225.00

Cash in Vault and Amount due from

approved Reserve Agents ... _________ _ 141,821.29

Choethckesr Bfoanr kCs .l.e.a_r_i_n__g. _a_n__d___D__u_e___f_r_o__m_ Cash Items_____________________ ---------Overdrafts.. _____ . __________ .. __________ _

2,180.87 None None

Admvoadnicteieso_n___C__o_t_t.o_n___a_n__d__o__t_h_e__r__C__o_m_ -_

None

Customers Liability on Letters of

PrCofrietdaitnadnLdoAssc. _c_e_P__ta__n_c_e__s_._._.____________________ __

None None

Other Resources------------------------

None

TotaL .... -------------------------------$ 624,220.04

LIABILITIES:

Capital Stock_--------------------------$ 50,000.00

Capital Notes.--------------------------

None

Surplus Fund--------------------------- 50,000.00

Undivided Profits................ ______ _ 16,170.39

Reserve Funds- ........ --------- ...... __

None

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

None

Dividends Unpaid .... ------ .... _______ _

None

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

639.21

Certified Checks .... ___ ........ __ ...... _

None

Demand Deposits ............ _________ __ 341,395.43

Time Certificates of Deposits..........

None

Savings Deposits........ ____ ..... ___ .. .. 166,015.01

Letters of Credit and Acceptances

executed for Customers. ___________ __

None

Bills Payable ...... _________ .... __ ..... ..

None

Notes and Bills Rediscounted ....... ..

None

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

None

TotaL............. ___ ........... ____ . __ .$ 624.220.04

NINETEENTH ANNUAL REPORT

75

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF MOLENA Molena, Ga.

As called for by the Superintendent of Banks.

W. 0. JORDAN, President.
Date of Charter: 10-7-1901

R. H. FLETCHER, Cashier.
Began Business: 31899

RESOURCES:

Loans and Discounts...................$ 35,043.19

state of Georgia and Municipal

uBsonGdsovoewrnnemde.n..t .S..e.c.u..r.i.ti.e..s.o..w..n.e.d.......

None 3,425.00

Other Stocks and Bonds owned .......

None

Banking House and Lot ............... . 1,500.00

Furniture and Fixtures ............... . 1,650.00

Other Real Estate owned ............. . 3.371.00

cash in Vault and Amount due from

approved Reserve Agents ............ . 26,6H.4l

Checks for Clearing and Due from

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

None

cash Items..............................

40.90

overdrafts .............................. .

3.62

Advance on Cotton and other Com

modities .............................. . 16,536.56

customers Liability on Letters of

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

None

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

None

Other Resources ....................... .- - N-on-e

Total. ....................................$ 88,214.68

LIABILITIES:

Capital Stock

........$

Capital Notes

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

Surplus Fund

.......... .

Undivided Profits....

. ..........

Reserve Funds.....

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

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

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

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

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

Demand Deposits ........... -

Time Certificates of Deposits..........

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

Letters of Credit and AccePtances

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

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

Notes and Bills Rediscounted .........

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

15,000.00 None None
1,621.70 None None None 49.76 None
34,296.80 32.998.40 4.28.02
None None None None

Total. ....................................$ 88,214.68

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE FARMERS BANK Monroe, Ga.

As called for by the Superintendent of Banks.

C. R. BRADFORD, President.
Date of Charter: 12-2-1905

C. R. BRADFORD, Cashier.
Began Business: 1-1-1906

RESOURCES:

Loans and Discounts...................$ 291,788.92

State of Georgia and Municipal

Bonds owned......................... . 74,625.51

U.S. Government Securities owned ... 122,599.64

Other Stocks and Bonds owned ...... 26,087.50

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

None

Furniture and Fietures ...............

None

Other Real Estate owned ............. 11,485.47

Cash in Vault and Amount due from

approved Reserve Agents............ . 185,709.96

Checks for Clearing and Due from

other Banks .......................... . 1,406.59

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.. ...................................$ 713.703.59

LIABILITIES:

g~~n~~ ~~~~==:===::======:===:::::=:=:$

100,000.00 None

Surplus Fund .......................... . 30.000.00

Undivided Profits...................... . 18,572.90

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

None

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

None

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

None

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

155.93

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

None

Demand Deposits ...................... . 408,106.56

Time Certificates of Deposits......... . 35,042.14

Savings Deposits........................ 121,826.06

Letters of Credit and Acceptances

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

None

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

None

Notes and Bills Rediscounted .........

None

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

None

TotaL ...................................$ 713,703.59

76

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

MOULTRIE BANKING CO. Moultrie, Ga.

As called for by the Superintendent of Banks.

W. C. VEREEN, President.
Date of Charter: 7-8-1896
RESOURCES:

M. L. LEE Cashier. '
Began Business: 1896
=~----'-'=---~=::::
LIABILITIES:

Loans and Discounts........... _______ .. $1, 743,090.45

State of Georgia and Municipal

Bonds owned .... _ ... ____ .. _...... 70,222.60

U.S. Government Securities owned .. 465.668.75

Other Stocks and Bonds owned

95,414.94

Banking House and Lot __________ _ 58,845.71

Furniture and Fixtures.

5,72ti.44

Other Real E'tate owned __________ __ 6,977.28

Cash in Vault and Amount due from

approved Rese,ve Agents..

____ 487.035.00

Checks for Clearing and Due from other Banks ..... ____________________ _ 30,030.00

Cash Items ...... ____ .......... __ ._

None

Overdrafts__

__ __ . . . . . . . . . .

1,367.69

Admvoadnicteieson___C_o__t_t_o_n___a_n__d___o_t_h_er Com-

None

Customers Liability on Letters of

Credit and Acceptances..

None

Profit and Loss ...... ___ __

None

Other Resource~------------

None

Capital Stock

. $ 200. ooo:oQ

Capital Notes

Surplus Fund

.

Undivided Profits.......

Reserve Funds

Due to Banks....

Dividends Unpaid. Cashier's Checks ____________ _

Certified Checks Demand Deposits ____________ .... ..

Nona 200,000.0()
17!,808.59 2.373.65 Nona None 7,299.97 665.00
1,473,723.01

Time Certificates of DEPOSits.... .. Savings Deposits .... _ .. __ ........ ..

.571,999.32 333,509.32

Letters of Credit and Acceptances

executed for Customers. __________ __ Bills Payable............ . Notes and Bills Rediscounted Other Liabilities............ ..

None None None None

TotaL .....

__ ... $2. 96-1,378 .Sh

TotaL

--.$2. 96!,378 .8~

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE MOUNT VERNON BANK Mount Vernon, Ga.

As called for by the Superintendent of Banks.

D. A. McRAE, President.
Date of Charter: 12-21-1900

J. P. PETERSON, Cashier.
Began Business: 1-24-1901

RESOURCES:

-----

Loans and Discounts.. __ ..

.$ 74,735.14

State of Georgia and Municipal

Bonds owned.......

19,000.00

U.S. Government Securities owned ... 40,7BO.OO

Other Stoc\{s and Bonds owned

4,927.50

Banking House and Lot.......

2.15fi.53

Furniture and Fixtures ...

1.100,00

Other Real Estate owned ............ .. 6,500.00

Cash in Vault and Amount clue from

approved Reserve Agents............ . 135.057.48

Checks for Clearing and Duo from

CaosthheIrteBmasn_k__s_._._._._._._._._.__._._._._._.___ _ Overdrafts _______________________ _

None None
7.36

Admvoacnlrctereso.n.. C_o__t_to__n__a__n_d___o_t_h__e_r__C_o_ m-

None

Customers Liability on Letters of

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

None

Profit and Loss..

__________ _

None

Other Resources....

____________ _

None

TotaL ....

.............$ 284,274.01

LIABILITIES:

Capital Stock..

.. .......$ l:J,IlOO.O

Capital Notes.----------------

Non

Surplus Fund ...... ..

45,000.C

Undivided Profits......

4. 728.5

Reserve Funds Due to Banks......

__________ __

1. 776.e 4,505.:

Dividends Unpaid --------------Cashier's Checks... ______________ __

1,500.C 374.C

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

Non

Demand Deposits----------------------- l43,98H

Time Certificates of Deposits.......... 4!J,533.l

Savings Deposits..... __ _

17,871.1

Letters of Credit and Acceptances

executed for Customers ___________ __

Non

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

Non

Notes and Bills Rediscounted ....... ..

Non

Other Liabilities........ ---------------

Non

TotaL ...................... ____ ........$ 284,274 .I

NINETEENTH ANNUAL REPORT

77

STATEMENT Showing condition at the close of Business December 31, 1938, 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 ___________________ $ 183.193.39

stBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_
u s Government Securitirs owned ...

None 32.725.00

Other Stocks and Bonds owned ______ _

None

Banking House ~nd Lot _______________ _ 3.339.25

Furniture and Fixtures.--------------- 2,916.00

Other Real Estate owned--------------

168.75

caasphprionvVedaRuletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_ 312,192.12

Checks for Clearing and Due from

other Banks---------------------------

None

g~~l(ift;_-:::::: ::~::::::: ::::::::::::::

None None

Advance on Cotton and other Com-

modities-------------------------------

None

Customers LiabilitY on Letters of

PrCorfietdaitnadnLdoAs,c_c__e_p_t_a_n__c_e_s____________________________

None None

Other Resources ______________ ----------

None

LIABILITIES:

Capital Stock- __________________________$ 35,000.00

Capital NoteS---------------------- __

None

SUunrdpilvuisdeFdunPdro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_

30,000.00 632.02

RePerve Funds.------------------ _______ _

None

Due to Banko ---------------------------

None

Dividends Unpaid---------------- _____ _ 2,800.00

CCearsthiifeier'ds CChheecckkss___________________-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Demand Deposits ______________________ _

427.38 None 325.121.39

Time Certificates of Deposits _________ _ Savings Deposits. ______________________ _

140,553.72 None

Letters of Credit and Acceptances

BielxlsecPuatyeadbfloer.-C--u--s-to__m__e__r_s_--------_-_-__-_-_-_-_-_--.

None None

Notes and Bills Rediscounted ________ _

None

Other Liabilities.. ---------------------

None

TotaL- ----------------- _______________ $ 531.534.51 TotaL. _____ -------------- __ ----------------------------------

_$ 531.534.51

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF NEWINGTON Newington, Ga.

As called for by the Superintendent of Banks.

W. W. EVANS, President.
Date of Charter: 7-7-1919

ADIEL E. HODGES, Cashier.
Began Business: 8-14-1919

RESOURCES:

Loans and Discounts ___________________ $ StBaotendsoof wnGoedo_r_g_i_a____a_n__d____M__u__n_i_c_i-p-a--l
U.S. Government Securities owned... BOathnekrinSgtoHcokus saenadnBdoLnodts.o. _w__n__e_d_-_-__-_-_-_--_ Furniture and Fixtures. ______________ _ Other Real Estate owned. ____________ _ Cash in Vault and Amount due from
c~~gk'~vf~r R6r~~~fn~g~~1;i-nlie--iioill

22.606.48
None None None 2,000.00 1.150.00 2,000.00
4.960.31

other Banks ____ . --------------------Cash Items. __________ --- ___ -------------Overdrafts. ____ . __ . ________ -----.-------Amdvoadnicteieso_n___C_o__t_t_o_n___a_n__d_ -o--th__e__r --C-o--m---
Customers Liability on Letters of Credit and Acceptances._____________
~~~~ ~~~o~~~ses::::::::::::::::::::::::

None None None None None
~g~~

T

ot

a

L

__________________________________ -$

-

-----32.716.79

LIABILITIES:
Capital Stock--------------------- ______$ Capital Notes ____________ __ Surplus Fund. _________________________ _ Undivided Profits ______________________ _ DReuseetroveBFaunnkds _s_._-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_ DCaivsihdieenr'dssCUhencpkasi.d.-_-_-_-_-_-_-_-_-____________ _ Certified Checks ______________________ _ Demand Deposits_. _______________ .. ___ _ STaimviengCseDrtiefpicoastietss_o__f_D__e__p_o__s_i_t_s_.___________ _ Letters of Credit and Acceptances BielxlsePcuatyeadbfloer..C__u_s_t_o__m__e_r_s___________ ---Notes and Bills Rediscounted ________ _ Other Liabilities _______________________ _

15,000.00 None None 278.40 None None None 55.73 None
15,987.34 1.382. 72
12.60
None None None None

Total. .. ________ ----------------- ________$ 32.716.79

78

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BAKER COUNTY BANK Newton, Ga.

As called for by the Superintendent of Banks.

J. C. ODOM, President.
Date of Charter: 10~4~1906

J. H. HALL, Cashier.
Began Business: 10-10-1906

RESOURCES:

Loans and Discounts ___________________$ StBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u_ n--i-c-i-p-a--l U.S. Government Securities owned __ _ BOathnekrinSgtoHckosusaenadnBdoLnodts.o__w__n_e__d_-_-_-_-__-_--_ Furniture and Fixtures _______________ _
Other Real Estate owned-------------CaasphprionveVdaRuletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ Choethckers Bfaonr kCs _l_e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items ______________________________ _ Overdrafts _____ -- _______________________ _
Admvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ -_
CuCsrteodmiterasndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_f_ Profit and Loss _________________________ _ Other Resources _______________________ _

6U60.93
None 8,400.00
None 2,672.98 1,200.00
None
44,389.05
5,000.00 None None
None
None None None

TotaL ___________________________________$ 123,622.96

LIABILITIES:
Capital Stock ___________________________ $ Capital Notes _______ ---------------SUunrdpilvuisdeFduPnrdo-f-i-t-s_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_
DReuseertoveBFaunnkds.s_.___________-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_--_ DC ai vsihdieenr 'ds sCUh encpkasi-d------_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_- -_ CDeermt iaf inedd DCehpeocskist s_______-_-_-_-_-_-_-_-__- _- _-_-_-_-_-_-_-_-_- -_ Time Certificates of Deposits _________ _ Savings Deposits __________________ -----_ Letters of Credit and Acceptances BielxlsePcuaYteadbfloer__C__u_s_t_o__m__e_r_s__.-_-_-__-_-_-_----_-_-_-_-_ Notes and Bills Rediscounted--------Other Liabilities ________ ---------_-----_

25,000.()() None
25,000.()() 6,851.39
None None 2,000.()() 44.U None 59,801.78 4,925.68 None
None None None None

TotaL-------------------------------- ___ $ 123,622.96

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF NORCROSS Norcross, Ga.

As called for by the Superintendent of Banks.

T. E. JOHNSON, President.
Date of Charter: 12-12-1903

C. A. McDANIEL, Cashier.
Began Business: 2-1-1904

RESOURCES:

Loans and Discounts___________________$
StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_
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 CaosthheIrteBmasn_k__s___-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_--------------------Overdrafts __ - __________________ ---------Admvoadnicteieso_n___C__o_t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _-
CuCsrteodmiterasndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_ f_ Profit and Loss .. _______________________ _ Other Resources _______________________ _

65,599.00
None 15,225.00
None 5,000.00 1.500.00
None
75,511.31
None None None
30,862.10
None None None

TotaL ____________________________________$ 193,697.41

LIABILITIES:

Capital Stock ___________________________ $ 30,000.00

SCuarppitlauls NFoutneds-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_____

None 6,000.00

Undivided Profits ___________ ------------ 6,357.98

DReuseertoveBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_--_

None None

DCaivsihdieenr'dssCUhencpkasi.d_-_-_-----_-_-_---_-_-_-_-__------_-_-__-_--_ Certified Checks. ______________________ _

2,400.00 None None

Demand Deposits--------------- _______ _ 133,802.03

Time Certificates of Deposits _________ _

None

Savings Deposits.. _____________________ _ 15,137.40

Letters of Credit and Acceptances

B ielxl sePc uatyeadbfl oe r__C__u_s__t o__m__e_r__s_. -__- _-_-_-_-_-_-_-_-_-_- -_

None None

NOothteesr aLnidabBiliiltliseRs _e_ d-i_s_c_o__u_n__t_e_d__-_-_-_-_-_-_-_--_

None None

TotaL ____________________________________$ 193,697.41

NINETEENTH ANNUAL REPORT

79

STATEMENT Showing condition at the close of Business December 31, 1938, 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:

x.oans and Discounts.. _________________ $ 87,456.46

State of Georgia and Municipal

UBsonGdso voewr nnme de.n- -t -S -e-c- u- -r-i-t-i e- -s-o- -w- -n-e- -d-.-.-.
Other Stocks and Bonds owned. _____ _ Banking House and Lot.. _____________ _

None 1,350.00
600.00 l . 700.00

rurntture and Fixtures.-------------- 1,400.00

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

1.00

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 15,586.11

Checks for Clearing and Due from

other Banks---------------------------
g~~J;;ftl~.'.':::::::::::::::::::::::::::::

None 75.00 None

Advance on Cotton and other Com-

modities------------------------------customers Liability on Letters of
Credit and Acceptances_____________ _

998.16 None

~~~

~e~tu~~ses::::::::::::::::::::::::
-

-

None
N-on-e

TotaL .. -------------------------------- ..$ 109,166.73

LIABILITIES:
Capital Stock--------------------------$ Capital Notes.-------------------------Surplus Fund--------------------------Undivided Profits _______ ---------------DReuseertoveBFaunnkdss__.-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_ Dividends Unpaid. ____________________ _ Cashier's Checks.. __________________ ---_ Certified Checks ________________ -------Demand Deposits ______________________ _ Time Certificates of Deposits _________ _ Savings Deposits .. _____________________ _ Letters of Credit and Acceptances BielxlsePcuatyeadbfloer..C__u__s_t_o_m__e__r_s_.-__-_-_-_-_-_-_-_-_-_-_--_ NOothteesr aLnidabBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d_-_-_-__-_-_-_-_--_

15,000.00 5,000.00 1.000.00
596.67 None 3,493.34 None
6.04 None 46,619.09 24,400.00 12,051.59
None None None 1,000.00

TotaL... ______________ --- ______________ .$ 109,166.73

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF OGLETHORPE Oglethorpe, Ga.

As called for by the Superintendent of Banks.

T. H. MORGAN, President.
Date of Charter: 2-1-1901

W. E. WILBURN, Cashier.
Began Business: 2-8-1901

RESOURCES:

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

63,433.85
5,000.00 15,000.00 4,903.76 1,500.00
None 13,600.00
66,516.58
1.275.66 None 99.01
9,977.85
None None None

TotaL ___________________________________ $ 181,306.71

LIABILITIES:

Capital Stock- __________________________ $ 15,000.00

SCuarppiltuals NFoutneds..-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_

None 10,000.00

Undivided Profits ___ ------------------ __ 2,556.85

DReuseetroveBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_ Dividends Unpaid _____________________ _ Cashier's Checks ... ____________________ _

l. 979.46 None None 804.33

Certified Checks---_- _____________ --- __ _ Demand Deposits ______________________ _

None 129,073.10

Time Certificates of Deposits _________ _ Savings Deposits _______________________ _

21,892.97 None

Letters of Credit and Acceptances

executed for Customers_--- __ --------

None

Bills Payable ________ --------------------

None

Notes and Bills Rediscounted---------

None

Other Liabilities..... ________________ --

None

TotaL... ______________________________ ..$ 181,306.71

80

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS BANK Palmetto, Ga.

As called for by the Superintendent of Banks.

J. H. BALLARD, President.
Date of Charter: 6-29-1918

B. HUDSON Cashier. '
Began Business: 7-10-1918

RESOURCES:

Loans and Discounts..... ______________ $

StBaotendsoof wnGeedo.r.g_i_a____a_n__d____M__u__n_i_c_i_p_a_l_

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____________ _

ChoethckesrBfaonr kCs _l_e_a_r_i_n__g__a__n_d___D..u_e___f_r_o_m.. Cash Items ______________________________ _

Overdrafts... ___ ._. _____ .. _._.-- ...... --. Admvoadnicteieso_n_ . C__o__t_t_o_n___a_n__d___o_t_h.e.r. __C_o__m_ -_

Customers Liability on Letters of

Credit and AccePtances_____________ _

Profit and Loss___

__________ _

Other Resources

___________ _

67,264.61 3,000.00 40.650.00
None 6,000.00 2,000.00 8.265.40 16,389.57
None None None None None None None

TotaL ___________________ . ______________ $ 143,569.58

LIABILITIES:
Capital Stock __________________________ $ Capital Notes. _________________________ _ SUunrdpilvuisdeFduPnrdo_f_i_ts--_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Reserve Funds _________________________ _ DDiuveidtoenBdasnUksn_p_a__i_d_______-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ 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 None None
1.587.04 None None None 50.79 None
63,918.40 43.013.35
None None 10,000.00 None None

TotaL ____________ _

_____________ $ 143.569.58

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE PATTERSON BANK Patterson, Ga.

As called for by the Superintendent of Banks.

ROMA THOMAS, President.
Date of Charter: 6-19-1907

MRS. AGNES M. THOMAS, Cashier.
Began Business: 6-19-1907

RESOURCES:

Loans and Discounts ___________________$

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_P__al_

U.S. Government Securities owned... Other Stocks and Bonds owned Banking House and Lot.. Furniture and Fixtures. Other Real Estate owned _____________ _

CaasphprionveVdauRletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_

Checks for Clearing and Due from

otherBanks_______

-----------

COavsehrdIrtaefmtss__________________-_-_-_-_-_-_-_-_-_-_--. -_-_-__-_-_-_-_--.-.

Admvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ -_

CuCsrteodmiterasndLAiacbcielipttYancoens __L_e__t_t_e_r_s___o_f_ Profit and Loss. ________________________ _ Other Resources. ______________________ _

33.110.76 None
9,000.00 None
2.400.00 910.00 115.00
76,529.24 None None None None None None None

TotaL ___________________________________$ 122.095.00

LIABILITIES:

Capital Stock.

. _.$

Capital Notes. _________ _

Surplus Fund _________________________ _

Undivided Profits _____ __ Reserve Funds ________ _ Due to Banks _______________________ _

Dividends Unpaid______

________ _

Cashier's Checks. ______ . ____________ _

Certified Checks- _________ _

Demand Deposits ____________________ _

TSaimviengCseDrtiefpicoastietss_o__f_D__e__p_o_s__it_s_.__________ _

Letters of Credit and Acceptances BielxlsePcuatyeadbfloer. _C__u__s_t_o_m__e_r_s__-.--_-_-______-_-_-_-_-._

Notes and Bills Rediscounted_ Other Liabilities------. __ --. _____ . __ ---.

15,000.00 None
4,500.00 2,664.12
None None None 66.78 None 78.924.24 20,939.86 None None None None None

TotaL __________________________________ $ 122,095.00

NINETEENTH ANNUAL REPORT

81

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS BANK OF PELHAM Pelham, Ga.

As called for by the Superintendent of Banks.

F. D. HOLLIS, President.
Date of Charter: 8-25-1902

J. R. PAYNE, Cashier.
Began Business: 9-1-1902

RESOURCES:

LIABILITIES:

_L_o_a_n_s_a_n_d_D_i-sc_o_l_m-ts_______-_-__-_-_-__-_-__-_-_-__-__$_2_5_6_.9_4_2_.1_3___C:--a-p_i_t_a_l_S_t_o_c_k______-_-_- _____ - - -__-__-__$_1_0_0,000 .00

state of Georgia and Municipal
uB.so.nGdsovowernnedm__e_n_t__S_e_c__u_r_i_ti_e_s__o_w__n__e_d_._._.

Other Stocks and Boncls owned_______

Banking House ancl Lot.._ ------------

Furniture and Fixtures.------_________

Other Real Estate owned______________

cash in Vault and Amount due from

approved Reserve Agents_____________

Checks for Clearing and Due from

otherBanks.

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

cash Items_____ --------------------overdrafts_______________________________

Advance on Cotton and other Commodities.______________________________

Customers LiabilitY on Letters of Credit and Acceptances _____________ _
Profit and Loss _________________________ _

Other Resources _______________________ _

None 18.800.00 3,900.00 4,2'0.00 3,605.67 11.914.94
172,785.16
7,927.20 None 45.08
18,438.34
None None 498.32

Capital Notes.---------Sun1lns Funcl --Undivided Profits_______ Reserve Funcls --------Due to Banks____ Diviclencls Unpaid________ Cashier's Checks__________ Certified Checks--________ Demand Deposits. _ Time Certificates of Dwosits_ __ SavingsDeposits______ ________ Letters of Credit and Acceptances
executed for Customers_______
BillsPayabh --------------------Notes and Bills Rediscounted___ Other Liabilities___________

None 31,000.00 1,633.17
None None 969.00 I.03\.R2
3.00 257,603.12
1,551i .67 104,898.46
None None None 371.60

TotaL ____ . ____________________ . ________ .$ 499,066.84

TotaL.

-----$ 499.066.84

STATEMENT Showing condition at the close of Business December 31, 1938, of the

PELHAM BANKING COMPANY Pelham, Ga.

As called for by the Superintendent of Banks.

W. C. COOPER, President.
Date of Charter: 12-4-1936

R. G. McDONALD, Cashier.
Began Business: 12-9-1936

RESOURCES:

LIABILITIES:

Loans and Discounts __________________ $ 121.989.09

State of Georgia and Municipal

Bonds owned _____ --------------------- I. 980.00

U.S. Government Securities owned... 19,125.00

Other Stocks and Bonds owned. _____ _ Banking House and Lot _______________ _

None 11,360.21

FOuthrneritRureealaEndstaFtiextouwrense.d--_-_-_-_-_-_-__-_-_-_-_-_--_

2,772.98 1,361.83

Cash in Vault and Amount due from

approved Reserve Agents .. __________ _ 94,821.95

Choethckesr BfoarnkCs _le__a_r_i_n_g___a_n__d___D_u__e___fr_o__m_ 35,656.11

Cash Items________ ------------

None

Overdrafts. _______ .. - ____ -.-.--.---------

50.66

Amdvoadnciteieos.n___C_o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _-

None

Customers Liability on Letters of

Credit and Acceptances _____________ _ Profit and Loss _________________________ _

None None

Other Resources ________________ -.------

None

TotaL ___________________________________ $ 289.117.83

Capital Stock----------------------- ___$ SCuarppitlauls NFoutneds _-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_- _ Undivided Profits ___________ _ ReserVe' Funcls. _________ _ Due to Banks __________ _ Dividends Unpaid Cashier's Clleck'Certified Olwcks ----- ____ _ Demand Deposits Time Certificates of Deposits_ Savings Deposits ____ _ Letters of Credit and Acceptances BielxlsecPuatyeadbfloer__C__u_s_t_o__m__e_r_s_______ _
Notes and Bills Rediscounted Other Liabilities.... __________________ _

25.000.00 None
ii,OOO.OO 5,101.59 10,000.00 5,000.00
2!!0.62 2 ,O:i!J.85
51.10 129 ,:il!i .84 15.470.72
91.617.11
None None None
8.00

TotaL-----------------------------------$ 289.117.83

82

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE PEMBROKE STATE BANK Pembroke, Ga.

As called for by the Superintendent of Banks.

D. B. WARNELL, President.
Date of Charter: 12-29-1937

C. L. GRUVER Cashier. '
Began Business: 2-11-1938

RESOURCES:

Loans and Discounts. __________________ $ StBatoendsoof wnGeedo.r_g__ia____a_n__d____M__u__n_i_c_i_p__a_l
U. S. Government Securities owned... BOathnekrinSgtoHckosusaenadnBdoLndost.o__w__n_e__d_-_-__-_-_-_--_ Furniture and Fixtures _______________ _ Other Real Estate owned.----------- __ CaasphprionveVdaRuletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ Choethckers Bfaonr kCs _l_e_a_r_i_n_g___a__n_d___D__u__e___f_ro__m_ Cash Items _________ ------------ _________ _ Overdrafts.. __________ --- __ --- __________ _ Admvoadnicteieso_n___C__o_t_t_o_n___a_n__d___o_t_h__e_r__C__o_m_ -_
Customers Liability on Letters of Credit and Acceptances _____________ _
Profit and Loss _________________________ _ Other Resources. ______________________ _

74.623.00
31.502.81 23.000.00
None 3,000.00 1.000.00
None
29.684.89
None None 104.43
None
None None None

TotaL. _____________________ --- _________ .$ 162.915.13

LIABILITIES:

Capital Stock_--------------------------$ Capital Notes.-------------------------SUunrdpilvuisdeFduPndro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_ Reserve Funds _________________________ _ Due to Banks___________________________ _ Dividends Unpaid. ____________________ _ Cashier's Checks.. ______________ -------Certified Checks---- ____________ --------
TDiemmeaCnderDtiefipcoasteitsso--f-D--e--p-o-s--it-s-_-_-_-_-_-_-_-_-_--_ Savings Deposits. ______________________ _ Letters of Credit and Acceptances
executed for Customers _____________ _ Bills Payable... _______________ ---------Notes and Bills Rediscounted ________ _ Other Liabilities _____________ ----- _____ _

25.ooo. 00 None
9.250.00
38.07
1.357.49 None
1.500.00 2.316.15
None 98.391.85 25.061.57
None
None None None None

TotaL ___ ------------------------------ ..$ 162.915.13

STATEMENT Showing condition at the close of Business December 31, 1938, of the

PERRY LOAN & SAVINGS BANK Perry, Ga.

As called for by the Superintendent of Banks.

R. L. CATER, President.
Date of Charter: 8-20-1889

C. E. ANDREW, Cashier.
Began Business: 1889

RESOURCES:

Loans and Discounts ___________________$ 103,129.55

State of Georgia and Municipal

Bonds owned.... -------------------- __

None

U.S. Government Securities owned... Other Stocks and Bonds owned. _____ _ Banking House and Lot _______________ _ Furniture and Fixtures _______________ _ Other Real Estate owned _____________ _

50,000.00 None
8,000.00 1,000.00
3.500.00

Cash in Vault and Amount due from approved Reserve Agents ____________ _ 142,769.06

Checks for Clearing and Due from

other Banks---------------------------

748.91

OCavsehrdIrtaefmtss_-_-_-_-_-_-_---------------_-_------------_-__-_-_-_-_-_-_--_

None 137.96

Advance on Cotton and other Com-

modities----------------------------- 13,233.51

CuCsrteodmiterasndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_ f_

None

POrtohfeitr aRnedsoLuorcsse-s-_-_-_------------------------_-__-_-_-_-_-_-_--_

None None

TotaL ______________________ ----- ________ .$ 322,518.99

LIABILITIES:

CCaappiittaall NStootceks___-_-_-_-_-_-_-_-_-_-_-_-_-_------------------------$ SUunrdpilvuisdeFdunPdro-f-i-t-s-.-.-_-_-_-_-_-_-_-_-_-_-_-__-_-_------------Reserve Funds----------------------- Due to Banks. -------------------------DCaivsihdieenr'dssCUhnecpkasid__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--__-
CDeermt iaf inedd DCehpeocski tss- -_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_- _-_ Time Certificates of Deposits_________ _ Savings Deposits _______________________ _ Leetxteecrsuteodf foCrrCeduisttoamnedrs.A__c_c_e_p__t_a_n_c_e__s Bills Payable .. _________________________ _ NOothteesr aLnidabBiliiltliseRs_e_d__is__c_o__u_n__te__d__._._._._._._._.._

25,000.00 None
27,500.00 7,416.96
None None 215.00 1,326.50 None 222,155.14 18.840.00 20.045.09
None None None 20.30

TotaL...................................$ 322,518.gg

NINETEENTH ANNUAL REPORT

83

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF PINEHURST Pinehurst, Ga.

As called for by the Superintendent of Banks.

A. M. WILSON, President.
Date of Charter: 1-1-1908

F. M. WILSON, Cashier.
Began Business: 1904

RESOURCES:

r.oans and Discounts___________________ $ 71,135.07

State of Georgia and Municipal

Bonds owned.--- .. -------------.-----U.s. Government Securities owned ...

None None

BOathnekrinsgtoHckosusaenadnBdoLnodst.o__w__n__e_d_.___________ __

2.675.00 1.500.00

FUrniture and Fixtures.--------------- 2,500.00

Other Real Estate owned--------------

None

CaasphprionvVedaRuletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_ 58,376.21

Checks for Clearing and Due from

other Banks.--- .. -.-- ................ _ 1,214.85

g~~Ji::r~----~::::::::::::::::::::::::::::

None None

Advance on Cotton and other Com-

modities-- ........................ ____ _ 25,608.50

customers Liability on Letters of

Credit and Acceptances_____________ _ Profit and Loss _________________________ _

None None

OthI Resources------------------------- - -N-on-e

TotaL .. -------.------.----- __ . __ ------ ..$ 163,009.63

LIABILITIES:
Capital Stock. __________________ ------ ..$ Capital Notes----------------------- ___ _ USunrdpilvuisdeFduPnrdo_f_i-ts--_-_-_-_-_-_-_-_-_-_-_-__._._.____________ ____ DReuseetroveBFaunnkds _s_._-_-_-_-_-_-_-_-_-_-_-_-_-_________________________
Dividends Unpaid---------------------CCaersthiifeierd's CChheecckkss-.-.-.-.----------_-_-_.-_-_-__-_-_-_-_-_-_-_.._ 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 15,000.00
None None 375.00 None None 528.41 None 74.132.22 47,974.00 None None None None None

TotaL __ ... ________________ .. ________ ....$ 163.009.63

STATEMENT Showing condition at the close of Business December 31, 1938, of the

PITTS BANKING COMPANY Pitts, Ga.

As called for by the Superintendent of Banks.

A. C. SHELL, President.
Date of Charter: 6-2-1906

A. C. SHELL, JR., Cashier.
Began Business: 6-1906

RESOURCES:

Loans and Discounts___________________$ 28,624.79

State of Georgia and Municipal

Bonds owned....... _________ ----------

None

U.S. Government Securities owned... 1,650.00

Other Stocks and Bonds owned ...... .

None

Banking House and Lot ______________ __

300.00

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

800.00

Other Real Estate owned ............ .. 3,000.00

Cash in Vault and Amount due from

approved Reserve Agents........... .. 110,780.84

Checks for Clearing and Due from

c~~L~~~-~:::::::::::::::::::::::::::

3,225.48 None

Overdrafts.. ___ ............. -.. ----------

None

Amdvoadnicteieso_n___C_o__t_t_o_n___a_n__d__o__t_h_e__r__C__o_m_ -_ 1,891.80

Customers Liability on Letters of

PrCofrietdaint adnLdoAssc_c__e_p_t_a_n__c_e_s__._._._._._._._._._._._. .__.

None None

TOothtearLR_e__s_o_u__r_c_e_s_._____._._._._._._._.__-_-_-_._-_-_-_-_-_._--.-.-$ 1-50,2N-72o.n9-1e

LIABILITIES:

Capital Stock------------------- ________$ 25,000.00

Capital Notes.--------------------------

None

SUunrdpilvuisdeFduPnrdo_f_i_t_s.__________-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Reserve Funds . __________ ... __________ __

5,000.00 1.524.20
None

DDiuveidtoenBdasnUkns.p.a..i.d.._.______._._._._._._._._._._._._._._._. .__.

None None

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

665.32

Certified Checks ________________ ------ ..

None

Demand Deposits----------------------- 100,997.52

Time Certificates of Deposits ________ __ Savings Deposits.... ________ . _________ __

17.085.87 None

Letters of Credit and Acceptances

executed for Customers _____________ _

None

Bills Payable ..... _______________ --------

None

Notes and Bills Rediscounted----. __ ..

None

Other Liabilities.......... __ ------------

None

TotaL..... _______________ . ______________$ 150,272.91

84

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF QUITMAN Quitman, Ga.

As called for by the Superintendent of Banks.

S. S. ROUNTREE, President.
Date of Charter: 12-26-1888

H. W. STUBBS Cashier. '
Began Business: 12-28-1888

RESOURCES:

Loans and Discounts ___________________$ 151.584.16

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_

None

U.S. Government Securities owned... 9.000.00

BOathnekrinSgtoHckosusaenadnBdoLnodts_o__w__n_e__d_._-_-_-__-_--_ Furniture and Fixtures. ______________ _

36.679.50 6,993.27 1.413.77

Other Real Estate owned-------------- 10.046.19

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 445.472.82

Choethckesr BfoarnkCs.le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items ______________________________ _ Overdrafts ______________________________ _

9,204.76 None 63.09

Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d___o_t_h-e-r-- _C_o__m_ -_ 2.195.21

Customers Liability on Letters of

Credit and Acceptances_____________ _ Profit and Loss _________________________ _ Other Resources _______________________ _

None None None

TotaL .. ________________________________ .$ 672,652.77

LIABILITIES:

Capital Stock--------------- ____________ $ 50,000.00

CSuarppitlauls NFoutneds..-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_ Undivided Profits ______________________ _

None 40,000.00 6,973.25

DReuseetroveBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_ 18,614.12

DCaivsihdieern'ds sCUhencpkasi.d.-.-.-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_ Certified Checks _______________________ _ Demand Deposits ______________________ _ Time Certificates of Deposits _________ _ Savings Deposits _______________________ _

7.183.96 2.000.00 2.140.20
None 338,216.65
None 207,524.59

Leetxteercsuteodf foCrreCduisttoamnedrs _A__c_c_e_p__t_a_n_c_e_s_ Bills Payable .... _______________________ _ NOothteesr aLnidabBiliiltliseRs _e_d__i_s_c__o-u-n--t-e-d--_-_-_-_-_-_-__--_

None None None None

TotaL ... ------------------------------- ..$ 672.652.77

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE TATTNALL BANK Reidsville, Ga.

As called for by the Superintendent of Banks.

J. V. KELLY, President.
Date of Charter: 9-14-1900

W. E. SMITH, JR., Cashier.
Began Business: 10-22-1900

RESOURCES:

Loans and Discounts___________________ $ 116,803.24

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l 1,000.00

U.S. Government Securities owned... 16,850.00

Other Stocks and Bonds owned ______ _ Banking House and Lot _______________ _

None 4,000.00

Furniture and Fixtures---------------- 2,000.00

Other Real Estate owned.------------- 13,492.91

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 178.781.02

Checks for Clearing and Due from

CaosthheIrteBmasn_k__s_._-_-_-_________-_-_-________________-_-_-_-_-_-_-_--_ Overdrafts ______________________________ _

None None 41.68

Admvoadnicteieso-n- __C_o__t_t_o_n___a_n__d___o_t_h_e__r__C_ o--m-_-

None

Customers Liability on Lettrrs of

Credit and Acceptances _____________ _ Profit and Loss _________________________ _

None None

Other TotaL

R__e__s_o_u__r_c_e_s__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--.$-

-332-,9N6-o8.n8-e5

LIABILITIES:

Capital Stock_--------------------------$ 25,000.00

Capital Notes.--------------------------

None

USunrdpilvuisdeFduPndro-f-i-t-s-.-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_

10.000.00 88.21

RDeuseetroveBFaunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_

None None

DC ai vsihdieenr 'ds sCUhne cpkasi.d.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_- -----_-_ Certified Checks. ______________________ _ Demand Deposits ______________________ _

None 1,212.53
None 211,056.62

Time Certificates of Deposits _________ _ Savings Deposits _______________________ _

48.756.60 36,854.89

Letters of Credit and Acceptances

B ielxl sePc uatyeadbfloe r. .C--u--s_t-o-m__e_r_s__. -__-_-_-_-_-_- ------ -_-_ -_

None None

Notes and Bills Rediscounted ________ _

None

Other Liabilities... ____________________ _

None

TotaL. ___________________________________ $ 332,968.85

NINETEENTH ANNUAL REPORT

85

STATEMENT Showing condition at the close of Business December 31, 1938, of the

RENTZ BANKING CO. Rentz, Ga.

As called for by the Superintendent of Banks.

o. D. BARRON,
President. Date of Charter: 5-2-1914

THERON WOODWARD, Cashier.
Began Business: 5-5-1914

RESOURCES:

r.oans and Discounts...................$ state of Georgia and Municipal
UBsonGdsovoewrnnemde.n..t.S--e-c-u--r-i-ti-e--s-o--w--n-e-d--.-.-.
Other Stocks and Bonds owned. _____ _ Banking House and Lot---------------FOUthrenlitRureealaEndstFat1exotuwrnese.d-.-.-.-.-.-.-.-.--_-__-_-_--_ caasphprionvVedaRuletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_ Checks for Clearing and Due from
other Banks-------.----------------.. -
g~~J;:Jr;.-.-~:::::::::::::::::::::::::::
Advance on Cotton and other Commodities---- .... ----- .. ---------- .. ----
CCusrteodmitearsndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_ f_
~~~ ~~0~~~85::::::::::::::::::::::::

55,151.73 None 800.00
3,000.00 2,500.00
None 1,665.00 48,451.83
None 395.00 127.23 330.24 None None None

TotaL .... -------------------------------$ 112.421.03

LIABILITIES:
Capital Stock. ______________ . ________ ...$ Capital Notes. __________ ~-- ____ . ______ __ Surplus Fund--------------------- _____ _ Undivided Profits. __ . _______ .... ____ . __ _ RDeuseertvoeBFaunnkdss__.-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_
DCaivsihdieenr'ds sCUhencpkasi.d.-.-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--.-_-_-_ Certified Checks ____ . _______ ....... ___ __ Demand Deposits ____________ ----------Time Certificates of Deposits. ________ _ Savings Deposits.... __ ........ __ ....... . Letters of Credit and Acceptances
executed for Customers _____________ _ Bills Payable .. __ . ___ .. ______ .. __ .. __ . __ _ NOothteesr aLnidabBiliiltliseRs.E..d.i.s.c..o.u__n.t_e_d_-_-_-__-_-_-_-_--_

15,000.00 None
5,000.00 11,156.99 3,516.25
None 3,000.00
None None 67,914.79 6,665.00 None
None None None 168.00

TotaL..... ------ .............. __ . __ .....$ 112,421.03

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE CITIZENS STATE BANK Reynolds, Ga.

As called for by the Superintendent of Banks.

W. J. BUTLER, President.
Date of Charter: 9-8-1922

R. L. BELL, Cashier. Began Business: 9-8-1922

RESOURCES:

L_oans and Discounts___________________ $ 136,530.88

State of Georgia and Municipal

Bonds owned--------------------------

None

U.S. Government Securities owned... 2,250.00

BOat hnekri nSgt oHc kosu saenadnBdoLnod ts. o__w__n__e_d_-_-__-_-_-_- -_

None 7,000.00

Furniture and Fixtures---------------- 2,418.53

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

750.00

Cash in Vault and Amount due from approved Reserve Agents____________ _ 27.600.02

Checks for Clearing and Due from

othel Banks ... ______ .... --------------

None

Cash Items_______________ ----------------

None

Overdrafts.. _.. __ ._ ..... _. __ ..... --.-.---

None

Advance on Cotton and other Com-

modities __________ ----.---------------- 18,969.85

Customers Liability on Letters of

Credit and Acceptances--------------

None

Profit and Loss--------------------------

None

Othel TotaL

Re ...

sources ___ ------------_______________________ ..

-_-_-_-__-_-_-_--$

- -No-ne
195,519.28

LIABILITIES:
g~~ti~t ~~~~:::::::::::::::::::::::::::$
SUunrdpilvuisdeFduPnrdo-f-i-t-s-.-.-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_--_ RDeuseertvoeBFaunnkdss__.-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_
g~~ia~~~sc~~~:~~::::::::::::::::::::::
Certified Checks _________ ------------- __ Demand Deposits ... ___________________ _ Time Certificates of Deposits _________ _ Savings Deposits _______________________ _ Leetxteercsuteodf foCrreCduisttoamnedrs A__c__c_e_p__ta__n_c_e_s_ Bills Payable___________________________ _ Notes and Bills Rediscounted. _______ _ Other Liabilities..... __________________ _

25,000.00 None
5,000.00 1.911.52 2,514.10
None 1,000.00
250.19 None 92,428.10 21,456.74 45,958.63
None None None None

TotaL-------- __ .. ______ .. ______________ ..$ 195,519.28

86

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

RICHLAND BANKING CO. Richland, Ga.

As called for by the Superintendent of Banks.

E. W. PARISH, President.
Date of Charter: 10-13-27

WILLIS STRICKLAND, JR Cashier. .,
Began Business :10-15-27

RESOURCES:

Loans and Discounts. __________________ $ 80,244.03

State of Georgia and Municipal

Bonds owned-------------------------- 6,595.58 U.S. Government Securities owned __ _ 13,050.00

BOat hnekri nSgt oHcokus saen da nBdoLnodts_o__w__n_e__d_-_-_-_-__-_- -_

9,918.81 4,230.00

Fumiture and E ixtures- --------------- 1.420.00

Other Rral Estate owned--------------

None

CaasphprionvVedaRuletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_ 106,255.75

Checks for Clearing and Due from

other Banks_--------------------------

None

COavsehrdIrteamftss_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

227.01 None

Advance on Cotton and other Com-

modities-------------------------------

922.79

CuCsrteodmiterasndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_f_ Profit and Loss _________________________ _

None None

Other Resources------------------------- - N-on-e

TotaL _____________ ------_------_-- ___ -- __$ 222.863.97

LIABILITIES:
Capital Stock_--------------------------$ Capital Notes--------------------------Surplus Fund--------------------------Undivided Profits____ ------------------Reserve Funds-------------------------Due to Banks---------------------------CDaivshidieern'ds sCUhencpkasi_d_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-____ Certified Checks----------------- ______ _ TDiemmeaCnderDtiefipcoastietsSo--f-D--e--p-o-s--it-s--__-_-_-_-_-_-_-_--_ Savings Deposits ____ -------------------Leetxteercsuteodf foCrreCduisttoamnedrs A__c__c_e_p__ta__n_c_e_s_ Bills Payable _______________ ------------Notes and Bills Rediscounted--------Other Liabilities __________ --------------

40,000.()() None
10,000.()() 106.31 None
22,600.73 150.00 152.02 None
99,133.14 5,000.00 45,721.77
None None None None

TotaL------------------------------- ____$ 222.863.97

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF RINGGOLD Ringgold, Ga.

As called for by the Superintendent of Banks.

M. W. MURPHY, President.
Date of Charter: 8-24-1904

J. COLTON WEEKS, Cashier.
Began Business: 8-1904

RESOURCES:

Loans and Discounts___________________$ 157.218.19

State of Georgia and Municipal Bonds owned--------------------------
U. S. Govemment Securities owned__ _

None 4,602.50

BOathnekrinSgtoHcokus saenadnBdoLnodts_o__w__n_e__d_-_-_-__-_-_--_

1.800.00 1 . 738.25

Fumiture and Fixtures_--------------Other Real Estate owned-------------CaasphprionvVedaRuletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_

2,139.82 3,892.96 90,152.21

Checks for Clearing and Due from other Banks---------------------------
COavsehrdIrteamftss___-_-_--_-_-______-_-_-_-_----__-_-_- -__-_-_-___-_----------

None None 38.76

Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d___o_t-h-e-r---C-o-m--- 6,018.21

Customers Liability on Letters of

Credit and Acceptances--------------

None

Profit and Loss--------------------------

None

Other Resources----------------------- - -7-5.0-0

TotaL-----------------------------------$ 267,675.90

LIABILITIES:

Capital Stock_--------------------------$ 25,000.00

Capital Notes--------------------------- 7,000.00

Surplus Fund--------------------------- 3,000.00

Undivided Profits____ ----------------- __ 3,176.62

DReuseertoveBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_

2,925.00 None

DCaivsihdieenr'dssCUhnecpkasid__-_-_-_-_-_-_---------------_-_-_-_-__-_-_--_

None 409.15

Certified Checks------------------------

None

TDiemmeaCnderDtiefipcoasteitsso--f-D--e--p-o-s--it-s--__-_-_-_-_-_-_-_--_ Savings Deposits_______________________ _

158,289.19 5,106.25 61.845.58

Letters of Credit and Acceptances

BielxlsePcuatyeadbfleo-r-C--u--s-t-o-m--e_r_s_-_-_-_-__-_-_-_-_-_-_-_-_--_

None None

NOothteesr aLniadbBiliiltliseRs _e_d__is__c_o_u__n_t_e__d_-_-_-_-_-_-__-_--_

None 924.11

TotaL. ________________________________ .$ 267,675 .90

NINETEENTH ANNUAL REPORT

87

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CRAWFORD COUNTY BANK Roberta, Ga.

As called for by the Superintendent of Banks.

c. R. AVERA,

F. E. BENTLEY,

President.

Cashier.

pate of Charter: 1-7-1901

Began Business: 1-8-1901

RESOURCES:

~nts ___________________ $
StBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_
u s Govemment Securities owned---
Other Stocks and Bonds owned. _____ _ Banking House and Lot. ______________ _ rurniture and Fixtures---------------Other Real Estate owned-------------caasphprionvVedauRletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_ checks for Clearing and Due from
other Banks---------------------------
g~~J;;ftl~--~~~:::::::::::::::::::::::::::
Advance on Cotton and other Commodities-------------------------------
customers Liability on Letters of Credit and Acceptances_____________ _
"fit~~ 'ife~ot~~es:::::: ::::::::::::::::::

38,918.38 None
8,718.06 3,070.00 1,500.00
900.00 7,680.00 75,280.69
None None 121.66 None None None None

---~
TotaL--------------------------- ________$ 136,188.79

LIABILITIES:
Capital Stock ___________________________ $
SCuarppiltuals NFoutneds._-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_ Undivided Profits ______________ ---- __ -- DReuseertoveBFaunnkds.s___-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_
DCaivsihdieenr'dssCUhnecpkasid__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_
DC eermt iaf inedd DCehpeocskist s- -_-_-_-_-_-_-_-_-_-_-_-__- _-_-_-_-_-_-_-_-_- -_ Time Certificates of Deposits _________ _ Savings Deposits _____________ .---- _____ _ Letters of Credit and Acceptances BielxlsePcuatyeadbfleo.r_C__u_s__to__m__e_r_s____-_-_-_-_-_-_-_-_-_-_-_--_ Notes and Bills Rediscounted ________ _ Other Liabilities ______________ --- ______ _

15,000.00 None
1,500.00 133.10 None None None
3,157.37 None
80,107.80 36,290.52
None None None None None

TotaL. __________________ --- __ ----- ______ $ 136,188.79

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE ROCKMART BANK Rockmart, Ga.

As called for by the Superintendent of Banks.

H. P. FAMBRO, President.
Date of Charter: 10-30-1900

M.A. PERRY, Cashier.
Began Business: 10-30-1900

RESOURCES:

Loans and Discounts___________________$ 134,589.70

State of Georgia and Municipal

Bonds owned ___________ --------------- 6,120.00

U.S. Government Securities owned... 177,545.00

OBathnekrinSgtoHckosusaenadnBdoLnodts_o__w__n_e__d____-_-_-_-_--_

5,000.00 8,500.00

Furniture and Fixtures.--------------- 3,400.00

Other Real Estate owned--------------

None

CaasphprionvVedauRletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ 163,077.59

Checks for Clearing and Due from

CoasthheItreBmasn_k__s_-_-_-_-_-__-_-_------_-__-_-_-_-_----_-_-__-_-_-_--_ Overdrafts.. ____________________________ _

None None 13.28

Advances on Cotton and other Com-

modities------------------------------- 6,471.64

Customers Liability on Letters of

PrCofrietdaint adnLdoAssc_c__e_p_t_a__n_c_e__s_-_-_-_-_-_-_-_-_-_-_-_-_--_

None None

Other Resources------------------------

338.89

Total. ________________________________ ..$ 505,056 .10

LIABILITIES:

g~~ti~~ ttgt~~: ::::::::::::::::::::::::::$

36,000.00 None

USunrdpilvuisdeFduPndro-f-i-t-s-.-.-.-.-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_

7,500.00 6,835.53

RDeuseetroveBFaunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_

None None

DCaivsihdieern'ds sCUhnecpkasi_d_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_--_

2,880.00 1,333.17

Certified Checks-------------- _________ _ Demand Deposits----------- ____________ _ Time Certificates of Deposits _________ _ Savings Deposits_______________________ _

None 254,579.18
None 195,928.22

Leetxteecrsuteodf foCrreCduisttoamnedrs A__c__c_e_p__ta__n_c_e_s_ Bills Payable _______ ----------- _________ _ Notes and Bills Rediscounted. _______ _

None None None

Other Liabilities ____________ ------------

None

TotaL---------------------------- ________$ 505,056.10

88

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

ROSWELL BANK Roswell, Ga.

As called for by the Superintendent of Banks.

J. H. FOSTER,

C. G. WEBB

President.

Cashier. '

Date of Charter: 3-11-1901

Began Business: 3-1901

RESOURCES:

LIABILITIES:

-=

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

Loans and Discounts___________________ $ 252,930.15 State of Georgia and Municipal
Bonds owned__________________________ 7,000.00

U.S. Govnnment Securities owned___ 13,500.00

Other Stocks and Bonds owned.______ 8,985.00

Banking House and Lot_______

None

Furniture and Fixtures. ------------- 1,574.25

Other Real Estate owned______________

100.00

Cash in Vault and Amount due from

approved Reserve Agents_____________ 16-1.980.11

Checks for Clearing and Due from

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 _____ _

25.oliOQ
None 25,000.(}()
H.546.69 None None None 416.17 640.00
247.760.09 135,822.92

other Banks .. ------------------------Cash Items--------------- --------------

17.61 None

Savings Deposits.... _

______ _

Letters of Credit and Acceptances

None

Overdrafts. ________ ----------------______ Advance on Cotton and other Com-
modities_______________________________ Customers Liability on Letters of
Credit and Acceptances____

98.75 None None

executed for Customers. ____________ _ Bills Payable ___________________________ _ Notes and Bills Rediscounted--------Other Liabilities _______________________ _

None None None None

Profit and Loss_________________

None

Other Resources_____________

None

TotaL _____ ---------------------

---$ H9.185.87

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

$449J"85:87 Total _____________________________________

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF RUTLEDGE Rutledge, Ga.

As called for by the Superintendent of Banks.

R. W. WALLACE, President.
Date of Charter: 9-24-1898

W. T. ROBERTS, Cashier.
Began Business: 10-1-1898

RESOURCES:

Loans and Discounts _______________ . ___ $ State of Georgia and Municipal
Bonds owned ____________ -------------U.S. Government Securities owned... BOathnekrinSgtoHckosusaenadnBdoLnodts_o__w__n_e__d_-_-_-__-_-_--_ Furniture and Fixtures.--------------Other Real Estate owned. -----------Cash in Vault and Amount due from
approved Reserve Agents ____________ _ Checks for Clearing and Due from CaosthheItreBmasn_k__s____________________-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_--_ Overdrafts. _____________________________ _
Admvoadnicteieso._n Co__t_to__n__a_n__d__o__th__e_r _Com-
Customers Liability on Letters of Credit and Acceptances _____________ _
Profit and Loss __ ----------------------Other Resources--- ___ -------_- ________ _

82,528.20 None None
5,275.00 900.00 350.00
3,700.00 20,289.09
30.08 36.16 None 28,811.92 None None None

TotaL ___________________________________ $ 141,920.45

LIABILITIES:
Capital Stock--------------------- ______ $ Capital Notes.-------------------------SUunrdpilvuisd eFduPnrdo_f_i_t_s -. .- _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_- -_ Reserve Funds _________________________ _
Due to BankS---------------------------DCaivsihdieenr'dssCUhnecpkasid__-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_ Certified Checks _______________________ _ Demand Deposits _____________ ---------Time Certificates of Deposits _________ _ Savings Deposits _______________________ _ Letters of Credit and Acceptances B ielxl sePc uatyeadbfl oe r__C__u_s__t o__m__e_r_s__. -_-_-__- _-_-_-_-_-_-_-_- -_ ONothteesr aLnidabBiliiltliseRs _e_d_i_s__c_o_u__n_t_e__d_-_-_-_-_-__-_-_--_

25,000.00 7,000.00 6,500.00 2."!05.66 1,000.00
None None !lOl. 77 None 62,013.26 17.232.92 1!),866.84 None None None None

TotaL ___________________________________ $ 141,920.45

NINETEENTH ANNUAL REPORT

89

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF SASSER Sasser, Ga.

As called for by the Superintendent of Banks.

T. E. MILLER, President.
Date of Charter: 1-15-1905

B. H. HILL, Cashier. Began Business: 1905

RESOURCES:

r,oans and Discounts___________________ $

state of Georgia and Municipal

Bonds owned

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

U.s. Government Securities owned ...

Other Stocks and Bonds owned. _____ _

Banking House and Lot_. _____________ _

Furmture and FlXtmcs. --------------OtherReal Estate owned _____________ _

cash in Vault and Amount due from approved Reserve Agents ____________ _

Checks for Clearing and Due from

otherBanks.

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

Cash Items ___ ---------------------------

Overdrafts.... ------- .. -.----------- .....

Advance on Cotton and other Com-

modltles -- ... -.---- -- .. -... -.---- .. ---customers Liability on Letters of
Credit and Acceptances _____________ _

Profit and Loss ------------------------Other Resources. ----------------------

99,956.81 11,000.00 21 '625 .00
None 1, 700.00 1,692.00
None 66,604.56
None None
.83 None None None None

Total .... --- ..... __ .--- ..... --- ..... -- ....$ 202,579.23

LIABILITIES:

Capital Stock. ------------------- _____$ 25,000.00

Capital Notes --------------------------

None

SUunrdpilvllisdeFduPndro-f-i-t-s-.-.-.-.-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_

32,500.00 2,499.75

Reserve Funds_-------------------------

None

DD iuvei dt oe nBdasnUkns .p.a. .i.d-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_- -_ Cashier's Checks______________________ _

None 21.00 None

CDeermtiafinedd DCehpeocskists -_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_--_ Time Certificates of Deposits_________ _ Savings Deposits....... ________________ _

None 135,36!l.35
7,185.82 None

Letters of Credit and Acceptances

executed for Customers ____________ _ Bills Payable. __________________________ _ Notes and Bills Rediscounted ________ _

None None None

Other Liabilities.... _____ ---------------

3.31

TotaL ______ ----

___________ $ 202,579.23

STATEMENT Showing condition at the close of Business December 31, 1938, of the

ATLANTIC SAVINGS AND TRUST COMPANY Savannah, Ga.

As called for by the Superintendent of Banks.

JAMES M. ROGERS, President.
Date of Charter: 11-6-1933

JAMES E. CAROLAN, Treasurer.
Began Business: 11-6-1933

RESOURCES:

Loans and Discounts ___________________ $ 950,617.63

StBaotendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l

None

U.S. Government Securities owned ... 5,300.00

Other Stocks and Bonds owned. _____ _

None

Banking House and Lot_ ______________ _ 38,500.00

Furniture and Fixtures _______________ _ 4,925.49

Other Real Estate owned _____________ _ 35,916 '78

Cash in Vault and Amount due from approved Reserve Agents____________ _ 10,303.64

Checks for Clearing and Due from

other Banks--------------------------- 186,059.92

Cash Items _____ --------------------------

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 _________ .. --- ... --- .. -- 6,678.16

TotaL ________________ . _________ . ________$1 ,238,301.62

LIABILITIES:

Capital Stock_--------------------------$ 50,000.00

SCuarppiltuals NFuotneds._-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_--_ Undivided Profits ______________________ _ Reserve Funds _________________________ _

None 100,000,00 54,479.32
None

Due to Banks ---------------------------

None

DCaivshidieern'ds sCUhencpkasi.d__._._._-_-.-.-_-_-_-_-_-_-_-_-_-_-_-_--. -_-_

None None

DC eermt iaf inedd DCehpeocski tss- -_-_-_-_-_-_-_-__- _- _-_-_-_-_-_-_-_-_-_-_-_- -_ Time Certificates of Deposits _________ _ Savings Deposits.... ___________________ .
Letters of Credit and Acceptances executed for Customers _____________ _
Bills Payable. __________________________ _

918.78 None 468,898 '77 563 '672 .66
None None

Notes and Bills Rediscounted--------Other Liabilities ..... __________ ---------

None 332.09

TotaL _____________ ------- ...... ___ . __ ...$1 ,238,301.62

90

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK & TRUST COMPANY Savannah, Ga.

As called for by the Superintendent of Banks.

GEO. H. SMITH, President.
Date of Charter: 5-22-1906

PAUL T. JONES, Cashier.
Began Business: 6-1-1906

RESOURCES:

LIABILITIES:

-L- o- an-s- a- nd~D-i- sc-o- u- nt- s _-__- __- __- __- __- __- __- __- __-$-- 94- 4,- 53- 1.- 19~---C-a- pi- ta- l - St- o- ck-_- --- --- ----------------------$

State of Georgia and Municipal

Capital Notes---------------------------

UB.So.nGdos voewrnnmede-n-t--S--e-c-u--r-i-ti-e--s-o--w--n-e--d-.-.-.

46,187.44 276,593.18

USunrdpilvuisdeFduPndro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_

Other Stocks and Bonds owned------- 26,871.00 Banking House and Lot..______________ 150,000.00 Furniture and Fixtures________________ 5,900.00 Other Real Estate owned-------------- 75,068.55

Reserve Funds-------------------------Due to Banks---------------------------Dividends Unpaid---------------------Cashier's Checks. ______________________ _

CaasphprionvVedauRletsaernvde AAgmenotsu_n_t__d_u__e__f_ro__m_ Checks for Clearing and Due from
other Banks--------------------------Cash Items------------------------------Overdrafts------------------------------Advance on Cotton and other ComCumsotodmiteierss--L--i-a-b-i-l-i-t-Y---o--n---L--e-t-t-e-r-s---o--f

474,435.41
57,069.73
None
245.71
None

DCeermtiafnieddDCehpeocskists--_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Time Certificates of Deposits. ________ _ Savings Deposits _______________________ _ Letters of Credit and Acceptances
executed for Customers_------------Bills Payable---------------------------NOothteesr aLnidabBiliiltliseRs _e_d__is__c_o__u_n__t_e_d_________________ __

PrCofrietdaitnadnLdosAs_c__c_e_p_t_a_n__c_e_s_-_-_-_-_-_-_-_-_-_-_-_-_-_-

NNoonnee

Other Resources------------------------ 6,667.40

200,000 00 134.ooo:00 66.ooo.00 20.003.50 10,996.48 88,954.84
514.50 6.131.07 18,393.55 762,807-54 29.500.00 722,752-36
None None None
3.515.79

TotaL _____ .---_--_-_-- __ --------_---_--_.$~. 063,569.61

TotaL.--------------------------------- .$2. 063,569 .61

STATEMENT Showing condition at the close of Business December 31, 1938, of the

GEORGIA STATE SAVINGS ASSOCIATION OF SAVANNAH Savannah, Ga.

As called for by the Superintendent of Banks.

HENRY BLUN, President.
Date of Charter: 7-29-1909

S. B. LAFAR, Sec. & Treas. Began Business: 8-4-1909

RESOURCES:

Loans and Discounts___________________$3,219,831.24

State of Georgia and Municipal

Bonds owned--------------------------

None

U.s. Government Securities owned... 295,675.00

BOathnekrinSgtoHckosusaenadnBdoLnodts_o__w__n_e__d_-_-__-_-_-_--_

403,266.59 93,945.00

Furniture and Fixtures----------------

1.00

Other Real Estate owned .... ---------- 949,028.27 Cash in Vault and Amount due from
approved Reserve Agents. ___________ _ 182,078.96

Checks for Clearing and Due from other Banks--- ____ --- ____ - __ --_----- __ 1. 770.26

OCavsehrdIrtaefmtss.-.-_-_-_-_-_-----_-_---_-_-----_------__-_-_-_-_----__-------

None None

Admvoadnicteieso_n___C__o_t_t_o_n___a_n_ -d__o-_t_h_e__r__C__o-m-_-

None

C uCsrteodmi te rasn dLAi acbcielpi ttya n coens __L__e_t_t_e_r_s___o_ f_

None

Profit and Loss--------------------------

None

- - - - - Other Resources------------------------ 2,774.14
TotaL _____________ --_- __ --_-- ______ -___ ..$5,148 ,370 .46

LIABILITIES:

Capital Stock---------------------------$ 325,000.00

Capital Notes---------------------------

None

USunrdpilvuisdeFdunPrdo-fi-ts-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-

250,000.00 78,229.49

Reserve Funds-------------------------- 120,000.00

Due to Banks---------------------------Dividends Unpaid----------------------

None None

Cashier's CheckS------------------------

None

Certified Checks------------------------

None

DTiemmeaCnderDtiefipcoastietss-o-f--D--e-p-o--s-i-ts--_-_-_-__-_-_-_-_-_-

None
1,581,475.78

Savings Deposits------------------------ 2, 747,986.30 Letters of Credit and Acceptances

executed for Customers.------------Bills Payable---------------------------ONothteesr aLniadbBiliiltliseRs.e.d. -i-s-c-o- _u_n__t_e_d_-_-__-_-_-_-_-_--_

None None None
45,678.89

TotaL ___________________________________ .$5,148, 370.46

NINETEENTH ANNUAL REPORT

91

STATEMENT Showing condition at the close of Business December 31, 1938, of the

SAVANNAH BANK & TRUST COMPANY OF SAVANNAH Savannah, Ga.

As called for by the Superintendent of Banks.

JNO. J. CORNELL, President.

J. F. HENNEMIER, Cashier.

Date of Charter: 3-4-1869

Began Business: 7-1869

RESOURCES:

LOans and Discounts _________ -- --------$3,029,361.11

State of Georgia and Municipal

uBsonGdsovoewrnnmede-n-t--S--e-c-u--r-it-i-e-s--o--w--n-e--d-.-.-.

22.189.97 158,772.30

BOathnekrinstgoHckosusaenadnBdoLnodt_s_o__w__m__d__-_-_-_-_-_-_- 52295,,704030..2070

rurniture and Fixtures.--------------- 24,550.00 Other Real Estate owned-------------- 113.716.09 cash in Vault and Amount due from
approved Reserve Agents _____________ 1.282,390.03

Checks for Clearing and Due from other Banks........................... 37,949.51

cash Items......... ------................ 7,882.12

overdrafts..... --------------............ 13,020.58 Advance on Cotton and other Com-

moditieS------------------------------customers Liability on Letters of
Credit and Acceptances______________

None 924.90

Profit and Loss-------------------------

None

Other Resources------------------------- - -1-95-.94-

TotaL.... ----------------------- ........$5,245,695.82

LIABILITIES:

Capital Stock---------------------------$ 350,000.00 Capital NoteS--------------------------- 315,000.00 SUunrdpilvuisdeFdunPrdo-fi-ts-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_- 13375,,303000..9030

Reserve Funds-------------------------- 97,550.00 Due to Banks............................ 571,242.90

DCaivsihdieenr'dssCUhenckpsa__id__-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_- 15,8N0o1.n3e7 Certified Checks________________________ 34,361.21 Demand Deposits _______________________ 2,257 818.37

Time Certificates of Deposits.......... 82:097.50

Savings Deposits ________ ---------------- 1,348,568.64

Letters of Credit and Acceptances

executed for Customers______________

924.90

Bi11sPayable---------------------------Notes and Bills Rediscounted--------Other Liabilities........................

None None None

TotaL....... ---------- ___ ----- .... __ ..$5,245,695 .82

STATEMENT Showing condition at the close of Business December 31, 1938, of the

FARMERS & MERCHANTS BANK Senoia, Ga.

As called for by the Superintendent of Banks.

R. L. HARDY, President.
Date of Charter: 3-2-1874

R. W. FREEMAN, Cashier.
Began Business: 1889

RESOURCES:
Loans and Discounts___________________$
StBaotendsoof wGneedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l
U.S. Government Securities owned... Other Stocks and Bonds owned_-----Banking House and Lot............... Furniture and Fixtures--------Other Real Estate owned------- CaasphprionvVedaRuletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_ Checks for Clearing and Due from CoasthheItreBmasn__k_s__-_-_-_-__-_-__---------------..-----Overdrafts... -- ... ---- .. -------Advance on Cotton and other Com-
modities ... -------------- .. _.. -- ... Customers Liability on Letters of
Credit and Acceptances-------------Profit and Loss.. ----Other Resources--------------

93,356.97 None 975.00 None
1,400.00 385.00
12.300.00 41,604.42
None 121.60 160.63 39,671.22 None None None

Total... ___ - ............ --------- ..$ 189.974 .84

LIABILITIES:
Capital Stock_----------$ Capital Notes_------------Surplus Fund-----Undivided Profits...................... Reserve Funds.---- _____ _ Due to Banks---------- DC ai vsihdieenr 'ds sCUh encpkas .id.-.-. .-... ___ ..___.___ .-. 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 None
7,000.00 775.59 None None
1,008.00 330.82 None
96,524.40 59,336.03
None None None None None

TotaL........ --- ..........$ 189,974.84

92

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK Shady Dale, Ga.

As called for by the Superintendent of Banks.

J. H. YOUNG, President.

.o. H. BANKS
Cashier. '

Date of Charter: 2-6-1920

Began Business: 4-12-1920

RESOURCES:

Loans and Discounts___________________ $ 34,000.66

StBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_

None

U.S. Government Securities owned---

None

Other Stocks and Bonds owned_------

195.00

Banking House and Lot----------------

None

Furniture and Fixtures.--------------- 1,000.00

Other Real Estate owned_-------------

900.00

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 18,030.74

Checks for Clearing and Due from

CaosthheIrteBmasn_k__s_-_-_-------------------------_-_-_-_-_-_-__-_-_-_-_--_

None None

Overdrafts-- ___ -- __ ------ __ ---_----- __ _

None

Admvoadnicteieso-n___C__o_t_t_o_n__ .a_n__d__o. _t_h_e__r - _C_o__m_ -_

None

Customers Liability on Letters of

Credit and Acceptances_____________ _

Profit and Loss________________________ __

Other Resources __ . ___________________ __

To

t

aL

__________

.

_______________

--------

-

-
-$

None None
- -N-on-e
54,126.40

LIABILITIES:
Capital Stock _________ ---------- ______ ..$ Capital Notes ___________ .. ___ . ________ __ SUunrdpilvuisdeFduPndro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_- ____ DReuseertvoeBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_ DC ai vsihdieenr 'ds sCUh encnkasi.d. .- -__- _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_- -_ Certified Checks _______________________ _ Demand Deposits---- ______ .. ____ .. ____ _ Time Certificates of Deposits ________ __ Savings Deposits ___ . _____ . ___ ._. _______ _ Letters of Credit and Acceptances
executed for Customers------------ __ Bills Payable ____ -----------------------ONothteesr aLniadbBiliiltliseRs.e..d_i_s_c_o__u_n__t_e_d_________________ __

20,000.00 None None
1,858.19 None None None 230.78 None
24,518.70 7.518.73
None
None None None None

TotaL ______ ---- ___ ---_.-- .. __ -.-- ---- ___$ 54,126.40

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF SHARON Sharon, Ga.

As called for by the Superintendent of Banks.

W. F. DOZIER, President.
Date of Charter: 9-29-1904

B. R. DARDEN, Cashier.
Began Business: 9-1904

RESOURCES:
Loans and Discounts ___________________ $ State of Georgia and Municipal
Bonds owned.. -----------------------U.S. Government Securities owned.._ Other Stocks and Bonds owned _____ __ Banking House and Lot_ ______________ _ Furniture and Fixtures_--------------. Other Real Estate owned-------------Cash in Vault and Amount due from
approved Reserve Agents ____________ _ Checks for Clearing and Due from CaosthheIrteBmasn_k__s_-_-_-_-_-_-__-_-_-_-__-__-_-_-__-_-_-__-_-_-_-_--_ Overdrafts ______________________________ _ Admvoadnicteieso.n. __C_o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ -_ CuCsrteodmiterasndLAiacbcielpittyancoens __L__e_t_t_e_r_s___o_f_ Profit and Loss_________________________ _
Other Resources------------------------
TotaL ___________________________________ $

21,953.17 None
14,816 0 71 None None 500.00
1,500.00 20,957.07 1,512.34
25.00 98.50 7,180.04 None 150.27 None 68,693.10

LIABILITIES:
Capital Stock ___________________________$ CaPital Notes. ________________________ .. Surplus Fund _________________ ..... ____ _ Undivided Profits ________________ ------RDeuseertvoeBFaunnkdss____-_-_-_-_-_-_-_-_-_-_-_-_-__________-_-_-_-_-_-_--_ Dividends Unpaid _____________________ _ Cashier's Checks.. _______ --------------DCeermtiafineddDCehpeocskists--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-________ __ Time Certificates of Deposits _________ _ Savings Deposits _______________________ _ Leetxteecrsuteodf foCrrCeduisttoamnedrs _A__c_c_e_p__t_a_n_c__es_ Bills Payable __________________ ---------Notes and Bills Rediscounted ________ _ Other Liabilities.. _____________________ _

15,000.00 None
6,000.00 None None None None 105.00 None
37,235.71 10,352.39
None None None None None

TotaL------------------- ________________$ 68,693.10

NINETEENTH ANNUAL REPORT

93

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF SILOAM Siloam, Ga.

As called for by the Superintendent of Banks.

J. H. DOLVIN, President.
Date of Charter: 11-18-1904

W. A. NIPPER, Cashier.
Began Business: 10-1904

RESOURCES:
J,oans and Discounts ___________________ $ stBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_
u.s. Government Securities owned...
Other Stocks and Bonds owned ______ _ Banking House and Lot. ______________ _ FOUthrenritRuerealaEndstaFtiextouwrense.d--_-_-_-_-_-_-_-__-_-_-_-_--_ CaasphprionvVedaRuletsearnvde AAmgeonutsn_t__d_u__e__f_r_o__m_ Choethckesr Bfoanr kCs-l-e-a_r_i_n_g___a_n__d___D__u_e___f_r_o__m_ cash Items_____________ -----------------overdrafts... -- ________ -- ________ -- _____ _ Amdvoadnicteieso_n___C__o_t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ -_ CUStomers Liability on Letters of
Credit and Acceptances _____________ _ Profit and Loss _________________________ _ Other Resources------------------------
TotaL ... ------ ____ - __ --- ______ ----- ___ ..$

28,310.89 None None None
2,500.00 1,557.60 5,137.23 19,284.32
83.00 None 56.32 None None None None 56,929.36

LIABILITIES:
Capital Stock ___________________________ $
Capital Notes_-------------------------USunrdpilvuisdeFduPndro-f-i-t-s-.-.-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_--_ RDeuseertoveBFaunnksd.s_.___________-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ 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
10,000.00 1,432.29
None None 47.80 225.60 None 24,574.03 5,649.64 None None None None None

TotaL ___________________________________$ 56,929.36

STATEMENT Showing condition at the close of Business December 31, 1938, of the

SOCIAL CIRCLE BANK Social Circle, Ga.

As called for by the Superintendent of Banks.

W. B. SPEARMAN, President.
Date of Charter: 12-31-1923

W. S. McKIBBEN, Cashier.
Began Business: 3-8-1924

RESOURCES:

Loans and Discounts ___________________$ State of Georgia and 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 ____________ _ Choethckers Bfaonr kCs _l_e_a_r_i_n__g__a__n_d___D__u__e__f_r_o__m_
Cash Items_________ ---------------------Overdrafts.. ____________ - ____ -----------Amdvoadnicteieso_n__C__o__t_t_o_n___a-n- d___o__t_h_e_r---C-o--m--Customers Liability on Letters of PrCofrietdaint danLdosAsc__c_e_p__ta__n_c_e__s_-_-_-_-_-_-_-_-_-_-_-_-_--_
Other Resources------------------------

85,138.01 9,376.60
None 1,825.00 2,900.00 1,250.00
None 51,386.55
337.72 None
5.04 30,941.85
None None 250.00

TotaL _________________________________ ..$ 183,410.77

LIABILITIES:
Capital Stock. __________________________ $
SCuarppiltuals NFoutneds___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Undivided Profits______________________ _ RDeuseetroveBFaunnkdss. _.-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_ DCaivsihdieenr'dssCUhnecpkasi_d_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--------Certified Checks _______________________ _ Demand Deposits ______________________ _ Time Certificates of Deposits _________ _ Savings Deposits _______________________ . Letters of Credit and Acceptances
executed for Customers-------------Bills Payable ____ -----------------------NOothteesr aLnidabBiliiltliseRs _e_d__i_s_c_o__u_n__t_e_d_-------_-_-__-----

25,000.00 None
8,000.00 32 .ll None None
2,500.00 175 .ll 315.75
98,568.48 25,000.00 23.762.69
None None None 56.63

TotaL __________________________________$ 183.410.77

94

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF SOPERTON Soperton, Ga.

As called for by the Superintendent of Banks.

J. B. O'CONNER, President.
Date of Charter: 6-16-1906

J. E. HALL, Cashier. Began Business: 6-1903

RESOURCES:

Loans and Discounts-------------------$ 105,890.08

State of Georgia and Municipal

Bonds owned-------------------------- 1.400.00 U.S. Government Securities owned... 5,513.33

Other Stocks and Bonds owned------- 1.800.00

Banking House and Lot---------------- 13.210.31

Furniture and Fixtures---------------- 3,685.68

Other Real Estate owned.------------- 29,811.77

Casb in Vault and Amount due from approved Reserve Agents____________ _ 81.459.39
Checks for Clearing and Due from

CaosthheIrteBmasn_k__s_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_--_ Overdrafts. _____________________________ _

None 9.24
None

Admvoadnicteieso_n___C__o_t_t_o_n___a_n_ -d--o--t-h_e_r___C__o_m_ -_ 71,705.35

Customers Liability on Letters of Credit and Acceptances _____________ _

None

Profit and LOSS--------------------------

None

Other Resources------------------------- -3,9-18.3-6

TotaL ____ ----------------------------- .. $ 318,403.51

LIABILITIES:

Capital Stock---------------------------$ 25,000,()0

Capital Notes.-------------------------SUunrdpilvuisdeFduPndro-f-i-t-s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--.
RDeuseetroveBFaunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_
Dividends Unpaid---------------------Cashier's Checks.. _______ --------------CDeermt iaf inedd DCehpeocskist s______________________-_-_- _- _- _- -_____ _-_-_- -_ Time Certificates of Deposits_________ _ Savings Deposits _____________ --------- __

122o5.,.40o00o02o...0!0800
None None None 1.522.7! None 166,364.23 68,738.86 19,375.53

Leetxteecrsuteodf foCrreCduisttoamnedrs _A__c_c_e_p__t_a_n_c_e_s_ Bills Payable ____________ -- _____ ---------

None None

ONothteesr aLniadbBiliiltliseRs_e_d__i_s_c_o__u_n__t_e_d__-----------------

None None

TotaL ___ ----------------------------- ___$ 318,403.5!

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE EXCHANGE BANK OF SPRINGFIELD Springfield, Ga.

As called for by the Superintendent of Banks.

J. W. TEBEAU, President.
Date of Charter: 12-31-1907

J. M. MARCHMAN, Cashier.
Began Business: 1-1-1908

RESOURCES:

Loans and Discounts___________________$ 159,134.20

State of Georgia and Municipal

Bonds owned--------------------------

None

U.S. Government Securities owned... 11,000.00

Other Stocks and Bonds owned- _____ _ 8,100.00

Banking House and Lot _______________ _ Furniture and Fixtures _______________ _

2,300.00 1,000.00

Other Real Estate owned _____________ _

None

CaasphprionvVedauRletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ 80,854.31

Choethckesr Bfoanr kCs _l_e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items ______________________________ _ Overdrafts ______________________________ _

None None None

Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ -_

None

C uCsrteodmi te rasn dLAi acbcielpi ttya n coens __L__e_t_t_e_r_s___o_ f_

None

POrtohfeitr aRnedsoLuorscse-s-------_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

None None

TotaL _____ ------- ___________ -------------$ 262,388.51

LIABILITIES:

Capital Stock_--------------------------$ 15,000.00

SCuarppiltuals NFuotneds._-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_--_

None 7,500.00

Undivided Profits----------------------- 3,000.00

Reserve Funds--------------------------

None

DDuiveidtoenBdasnUksn-p-a--i-d-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

None None

CCearsthi fi ieerd' s CChheecckkss_____________________________-_-_- ---- -_-_-__- __

88.17 None

Demand Deposits ______________________ _ 133,895.14

Time Certificates of Deposits_________ _ 13,200.00

Savings Deposits _______________________ _ 79,705.20

Letters of Credit and Acceptances

BielxlsePcuatyeadbfloer__C__u__s_t_o_m__e__r_s_._-_-_-_-_-_-------------_-

None None

Notes and Bills Rediscounted--------- 10,000.00

Other Liabilities ______ ------------------

None

TotaL___________________________________$ 262,388.51

NINETEENTH ANNUAL REPORT

95

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF STAPLETON Stapleton, Ga.

As called for by the Superintendent of Banks.

J. C. KILGORE, President.
Date of Charter: 9-24-1906

J. C. KILGORE, Cashier.
Began Business: 1906

RESOURCES:

r.oans 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 CaosthheItreBmasn.k..s..-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-.-..-.-.--. overdrafts... -........ --- ...------- ..... . Amdvoadnicteieso.n. _.C_o__t_t_o_n___a_n__d__o__t_h_e__r__C__o_m_ -_
customers Liability on Letters of Credit and Acceptances..............
Profit and Loss.................... __ ... . Other Resources .................. __ ... .

34,731.74 None
4,000.00 None
2,400.00 2,200.00 3,509.00 33,458.74 10.000.00
77.77 129.60 None None None 59.50

TotaL ...................................$ 90,566.35

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
4,000.00 669.84 None None None 222.67 None
59,799.50 10,874.34
None None None None None

TotaL ...................................$ 90,566.35

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BULLOCH COUNTY BANK Statesboro, Ga.

As called for by the Superintendent of Banks.

R. J. KENNEDY, President.

W. L. de JARNETTE, Cashier.

Date of Charter: 1-19-1934

Began Business: 4-14-1934

RESOURCES:

Loans and Discounts...................$ 265,509.60

State of Georgia and Municipal

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

None

U.S. Government Securities owned.. . 52,517.50

Other Stocks and Bonds owned. _____ _ Banking House and Lot _______________ _

None 17,000.00

Furniture and Fixtures. _____________ __ 1,500.00

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

None

Cash in Vault and Amount due from

approved Reserve Agents............ . 255,479.58

Cohethckesr Bfoanr kCs _le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items..... _________________________ _

7,816.96 None

Overdrafts.. _................... -.- .. -.. -

28.81

Advance on Cotton and other Com-

modities ........ _............. -.- .. -.--

117.26

Customers Liability on Letters of

PrCofrietdaint adnLdoAssc__c_e_p__ta__n_c_e__s_-_-_-_-_-_-_-_-_-_-_-_-_--_

None None

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

None

TotaL ..... -------------------------------$ 599,969.71

LIABILITIES:

Capital Stock_--------------------------$ 50,000.00

Capital Notes.--------------------------

None

Surplus Fund .......................... . 10,000.00

Undivided Profits................ _... _._ 19,587.08

Reserve Funds.-------------------------

384.96

Due to Banks..-------------------------Dividends Unpaid ......................

None 318.00

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

284.17

Certified Checks ....... _....... _.... _...

50.00

Demand Deposits ...................... . 417,296.48

Time Certificates of Deposits... ______ _ 102,049.02

Savings Deposits........ _______________ _

None

Letters of Credit and AccePtances

executed for Customers_ ........ _.. _

None

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

None

Notes and Bills Rediscounted .. ______ _

None

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

None

TotaL.... ___ ................. ____ .......$ 599,969.71

96

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, 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:

LIABILITIES:

Loans and Discounts ___________________ $ 219,871.40

StBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ 12,796.62

U.S. Government Securities owned ... 134,200.00

BOathnekrinSgtoHckosusaenadnBdoLnodts_o__w__n_e__d_-_-__-_-_-_--_

None
20,000.00

Furniture and Fixtures.--------------- 3,000.00

Other Real Estate owned.------------- 6,814.47

Cash in Vault and Amount due from

approved Reserve Agents .. __________ _ 244.821.58

Choethckers Bfaonr kCs _l_e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items_____________________ ----- ____ _ Overdrafts _______________________ --- __ --_

7,145.44 1,238.78
None

Admvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h__a___C__o_m_ -_ 129,996.04

C uCsrteodmi te rasn dLAi acbcielpi ttya n coens __L__e_t_t_e_r_s____o f_

None

POrtohfeitr aRnedsoLuorscses--_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

None None

TotaL ____________________________________ $ 779,884.33

Capital Stock ___________________________ $ Capital Notes.------------------ _______ _ Surplus Fund------------ ______________ _ Undivided Profits. _____________________ _

50,000.00
None
10,000 00
11,555:00

RDeuseertvoeBFaunnkdss__.-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_
Dividends Unpaid--------- ____________ _ Cashier's Checks _______________________ _ Certified Checks _______________________ _ Demand Deposits ______________________ _ Time Certificates of Deposits _________ _ Savings Deposits ______ ------------------

867-42
None
490.00 3.228.50
150.00 .557.047 67
135.316:31 10,939.43

Letters of Credit and Acceptances

BielxlsePcuatyeadbfleor..C__u_s__t_o_m__e_r__s_.-_-_-__-_-_-_-_-_-_-_-_--_ Notes and Bills Rediscounted ________ _ Othe1 Liabilities ________________ ---- ___ _

None None None
290.00

- - TotaL _________________________________ --$ 779,884.33

STATEMENT Showing condition at the close of Business December 31, 1938, 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___________________$ 130,550.30

StBaotendsoof wGneedo.r_g_i_a____a_n__d____M__u__n_i_c_i_p-a--l 23,329.84

U.S. Government Securities owned... 187,519.24

Other Stocks and Bonds owned. _____ _ Banking House and Lot. ______________ _

None
5,100.00

Furniture and Fixtures_-------- ______ _ 1.960.00

Other Real Estate owned-------------- 2,815.00

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 258,343.87

Choethckesr Bfaonr kCs _l_e_a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items______________________________ _

1.329.49
None

Overdrafts... ________________ ------------

None

Admvoadnicteieso-n-- _C__o_t_t_o_n___a_n__d___o_t_h_e__r__C-o--m---

None

Customers Liability on Letters of Credit and Acceptances_____________ _
Profit and Loss_________________________ _ Other Resources _______________________ _

None None None

TotaL .. _________________________________ $ 610,947.74

LIABILITIES:

Capital Stock_----------------------- ___ $ 25,000.00

Canital Notes_--------------------------

None

SUunrdpilvuisdeFdunPdro--fi-t-s-.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_

10,000.00 ll ,361.25

Reserve Funds.------------------------- 2,159.57

Due to Banks----------------------------

None

DCaivsihdieenr'dssCUhnecpkasid__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_

57.38 1,799.50

Certified Checks _______ ------ .... __ .... _

None

Demand DepositS------------------- ___ _ 121.898.53

Time Certificates of Deposits......... . 13H,671.51

Savings Deposits _____________________ __

None

Letters of Credit and Acceptances executed for Customers ____________ __

None

Bills PaYable _________ -------------------

None

NOothteesr aLniadbBiliiltliseRs _e_d__i_s_c_o__u_n..t.e.d_-_-_-__-_--.-.-_-_

None None

TotaL .. _______________________ .. ______ ..$ 610.947.74

NINETEENTH ANNUAL REPORT

97

STATEMENT Showing condition at the close of Business December 31, 1938, of the

DURDEN BANKING COMPANY, INCORPORATED Summit, Ga.

As called for by the Superintendent of Banks.

B. L. ROUNTREE, President.
Date of Charter: 6-26-1935
--= RESOURCES:

R. W. DURDEN, Casl1ier.
Began Business: 7-5-1935
LIABILITIES:

-Loans and Discounts.. _______________ $

State of Georgia and Municipal

u.Bso.nGdsovoewrnnemdent

---------- _ 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 Resarve 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.

______________ _

17,882.75
None None None 2,450.00 I ,175.00 3.000.00
21,067.89
None 258.99 None
28,012.59
None None None

TotaL.-----

..$ 73,847.22

Capital Stock---------

.. $

Capital Notes. ------

Surplus Fund-------Undivided Profits __ _

Reserve Funds

DuetoBanks.. ___ ----Dividends Unpaid. ____________ _

Cashier's Checks. ______________ _

Certified Checks __________ Demand Deposits ______________________ _

Time Certificates of Deposits _________ _

SavingsDeposits_______________

___

Letters of Credit and Acceptances

executed for Customers.----.

Bills Payable ... --------- __ --------

Notes and Bills Rediscounted __ _ Other Liabilities _________________ _

15,000.00 Noun
3,000.00 1,048.76
None None None 1,2Hil.OO None 17,509.-lfi 1,000.00 5,000.00
None None None None

Total ___________ _

___________ $ 73,847.22

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE CENTRAL BANK Swainsboro, Ga.

As called for by the Superintendent of Banks.

R. A. FLANDERS, President.
Date of Charter: 9-27-1920

W. W. FLANDE~S, Cashier.
Began Business: ll-9-1920

RESOURCES:

LIABILITIES:

Loans and Discounts .. _________ . _____ ..$ State of Georgia and Municipal
Bonds owned _____ .. ________________ .
U.S. Government Securities owned. Other Stocks and Bonds owned Banking House and Lot.. __ _ Furniture and Fixtures. OtherRealEstateowned ____ -----Cash in Vault and Amount duo 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-----------

191,249.56
None 22,550.00 1,350.00 8,400.00 1.500.00
507.00
138,478.20
3,613.62 580.57 None
None
None None None

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..

2G,OOO .00 None
22,500.00 cf76 .14 None None None
1, 567.81 None
216,104.99 G1,224.08 41,355.93
None None None None

TotaL .. _.____ _

______ $ 368,228.95 I TotaL...... ------------------ __________$ 368,228.95

98

--------------------- DEPARTMENT OF BANKING ~-- - -

STATEMENT

Showing condition at the close of Business December 31, 1938, of the

THE CITIZENS BANK OF SWAINSBORO Swainsboro, Ga.

As called for by the Superintendent of Banks.

J. R. COLEMAN, President.
Date of Charter: 11-10-1900

OTIS G. PRICE, Cashier.
Began Business: 1900

RESOURCES:

Loans and Discounts ___________________$ 410,363.79

State of Georgia and Municipal

Bonds owned_. __ ---------------------- 12,502.50

U.S. Government Securities owned._. 54,500.00

Other Stocks and Bonds owned. _... _.

None

Banking House and Lot_ ______________ _

None

FOuthrneirtRureealaEndstFatiextouwrense_d--. -_-_-_-_-_-_-__-_-_-_-_--_

2. 750.00 35.149.31

Cash in Vault and Amount due from approved Reserve Agents ____________ _ 210,439.68

Choethckesr Bfaonr kCs le__a_r_i_n_g___a_n__d___D__u_e___f_r_o_m_ _ Cash Items ______________________________ _ Overdrafts________ .. __ . ___ . __ . ____ ._. ___ _

1,885.54 849.38 None

Advance on Cotton and other Commodities ______________________ -------- 59,168.02

Customers Liability on Letters of

Credit and Acceptances_____________ ~

None

Profit and Loss _______ _ Other Resources ______________________ _

None None

Total

___ $ 787,608.22

LIABILITIES:

Capital Stock

__________________ $

Capital Notes

Surplus Fund ..~-------

Undivided Profits. __ ._

DReuseetroveBFaunnkdss-_-__-_-_-_-_-__-_~___ _

Dividends Unpaid ___ ._._. Cashier's Checks-~ __ --~----~-~-~------- DC eermt iaf inedd DCehpeoaskist s--_~_-_~______-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_ -_

Time Certificates of DePosits.... -.~--Savings Deposits _________________ -------

Letters of Cred't and Acceptances

executed for Customers.------------Bills Payable. ___ ~--_------------------Notes and Bills Rediscounted ________ _ Other Liabilities __________ --- _____ ------

25,000.00 None
50,000.00 None
7.920.59 None
7,500.00 4.576.58
None 362,619.13 329,991.92
None
None None None None

TotaL. __________ _

_____ $ 787,608.22

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF SCREVEN COUNTY Sylvania, Ga.

As called for by the Superintendent of Banks.

J. A. MILLS, Presi 'ent.
Date of Charter: 4-10-1913

JOHN A. MILLS, JR., Cashier.
Began Business: 5-1-1911

RESOURCES:

Loans and Discounts ___________________$ StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l U. S. Government Securities owned__ _ Other Stocks and Bonds owned. _____ . Banking House and Lot _______________ _ FOuthrneritRureealaEnsdtaFtiextouwrense-d--_-_-_-_-__-_-_-_-_-_-_-_--_ Cash in Vault and Amount due from
approved Reserve Agents ____________ _ Checks for Clearing and Due from
other Banks _______________ ~--. _______ _ Cash Items_. ____________________________ _ Overdrafts ________ . _______ . ________ -----Admvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ -_
Customers Liability on Letters of Credit and Acceptances
Profit and Loss-~---- ~--Other Resources. ______ _

336.280.13 17,838.92 41.600.00 13.400.00
None None None 158,133.07 1.442.68 201.28 None None None None None

Total

_______ $ 571,896.08

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 ... __________________ .. ____ _ NOothteesr aLnidabBiliiltliseRs _e_d_i_s__c_o_u__n_t_e__d_________________ __

50,000.00 None
10,000.00 20,600.40
None None 30.00 865.01 None 401,019.95 22,150.39 63.779.30 None None None 3,451.03

TotaL... ______ . __ .. _______ . _____ . _______$ 571,896.08

---------------NINETEENTH ANNUAL REPORT

99

STATEMENT

Showing condition at the close of Business December 31, 1938, of the

SYLVESTER BANKING COMPANY Sylvester, Ga.

As called for by the Superintendent of Banks.

T. C. JEFFORD, President.
Date of Charter: 7-5-1898

J. H. WESTBERRY, SR., Cashier.
Began Business: 7-1898

RESOURCES:

Lo~andDiscounts ____________ ,.,----$ 115,885.25

state of Georgm and Mun1c1Pal

Bonds owned... ----------------------- 20,000.00

U s Government SecuritiES owned--- 8,500.00

OBathntkrinSgtoHcokus saenadnBdoLnodts_o__w__n__e_d_._-_-__-_-_--_

None 6,000.00

Furniture and F1xtures. ______________ _ 2,500.00

Other Real Estate owned _____________ _

None

cash in Vault and Amount due from

avproved Reserve Agents ________ _

473,630.80

Checks for Clearing and Due from

other Banks ... -----------------------
g~~J;::r;-_-~::::::::::::::::::::::::::::

None None None

Advance on Cotton and other Com-

modities------------------------------customers Liability on Letters of
Credit and Acceptances _____________ _ profit and Loss _____________ _

1.823.58 None None

Other Resources

None

TotaL----------

____ $ 628,339.63

LIABILITIES:

Capital Stock_

.. ____ ...... $ 50,000.00

SCuarppiltuals NFoutneds _________._._._._._._._._._._._._._._._._._. ._

None 25,000.00

Undivided Profits _____ ------------------ 18,641.54

RDeuseetrov eBFaunnkds s__-_. _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_- -_ Dividends Unpaid _____________________ _ Cashier's Checks.. _____________________ _ Certified Checks---._. _________________ _ Demand Deposits ______________________ _ Time Certificates cf Deposits _________ _ Savings Deposits _______________________ _

None None 477.00
519.17 None 464,833.57
68.868.35 None

Letters of Credit and Acceptances

executed for Customers _____________ _

None

Bills Payable ____ ------------------ _____ _ Notes and Bills Rediscounted ________ _ Other Liabilities _______________________ _

None None None

Total

_____ $ 628,339.63

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE PEOPLES BANK Talbotton, Ga.

As called for by the Superintendent of Banks.

A. P. PERSONS, Vice-President.
Date of Charter: 12-3-1890

FANNIE MAHONE, Cashier.
Began Business: 1-13-1891

RESOURCES:

Loans and Discounts__ _____________$ StBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_P__al_
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 ____________ _ CohethckesrBfaonr kCs le__a_r_i_n_g___a_n__d___D_u__e___f_ro__m_ Cash Items _____________ ------------Overdrafts _________________________ ----
Amdvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h__e_r__C_om-
Customers Liability on Letters of PrCofrietdaint danLdoAssc_c__e_p_t_a__n_c_e__s_.____ _ Other Resources ________ _

46,699.03
None 72,500.00
None 3.500.00 1.000.00 2,354.13
59,835.56
599.73 None 1,941.65
None
None None None

TotaL. __ _

----------.$ 188,430.40

LIABILITIES:

Capital Stock._ --------------

_$

Capital Notes_ -----------

Surplus Fund _____ _

Undivided Profits __ _ Reserve Funds.----- _____________ _ Due to B<lnks_______ _

Dividends Unpaid .. Cashier's Checks ___ _ Certified Checi<S _____________ _ Demand Deposits ______________ _

TSaimviengCseDrtiefpicoastietss_o__f_D__e__p_o__s_i_ts__________ _

Letters of Credit and Acceptances executed for Customers _____________ _
Bills Payable ____ ------ _________________ -

Notes and Bills Rediscounted ____ _

Other Liabilities ______ -----------------

25.000.00 None
15.000.00 3,360.84
None None 15.00 128.54 None 101,275.12 43,6.50 .90 None
None None None None

TotaL. __

___ $ 188,430.40

100

DEPARTMENT OF BANKING

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

-~-----------~

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF TAYLORSVILLE Taylorsville, Ga.

As called for by the Superintendent of Banks.

J. I. HARRIS, President.
Date of Charter: 6-5-1905

W. M. DORSEY, Cashier.
Began Business: 6-13-1905

RESOURCES:

LIABILITIES:

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

Loans and Discounts____________ ___ $ StBatoendsoof wnGeedo_r_g_i_a____a_n_d____M___u_n_i_c_i_p__al_ U.S. Government Securities owned __ _ Other Stocks and Bonds owned_ Banking House and L0t_ Furniture and Fixtures. Other Real Estate owned ___________ . _ Cash in Vault and Amount due from
approved Reserve Agf'nts ____________ _ Checks for Clearing and Due from
other Banks------ ____________________ _ Cash Items. _____________________________ _ Overdrafts. _____________________________ _
Admvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h__e_r__C_om-
Customers Liability on Letters of PrCorfietdaitnadnLdoAssc_c_e__p_t_a_n__c_e_s_-__________

40.507.34
None
9,306.2.1 5.000.00 1.400.00 3.000.00
None
42.986.19
None None
11.21
23.144.29
None None

Capital Stock_____

_____ $

Capital Notes_ SurplusFund __ _

Undivided Profits_ Reserve Funds. _____ _ Due to Banks _______ _

Dividends Unpaid __ Cashier's Checks ___ _

Certified Checks_ Demand Deposits____ ___

TSaimviengCseDrtiefpicoastietss_o__f_D__e__p_o__s_i_ts____________ _

Letters of Credit and Acceptances

BielxlsePcuatyeadbfloer__C__u_s_t_o_m__e__r_s_______________ _

Notes and Bills Rediscounted ________ _

Other Liabilities_

25 .ooo .oo
None
5,000.00 -1.134.46
None None
l.ooo.oo
None None
73.503.78 1.330.93 12.386.11
None None None None

Other Resources _________ _

None

TotaL.__________________________________ $125.35.1.28

TotaL

_________ $ 125.355.28

STATEMENT Showing condition at the close of Business December 31, 1938, of the

TENNILLE BANKING CO. Tennille, Ga.

As called for by the Superintendent of Banks.

S.D. MANDEVILLE, President.
Date of Charter: 4-4-1900

S.D. MANDEVILLE, Cashier.
Began Business: 4-4-1900

RESOURCES:

Loans and Discounts ___________________ $ 104,289.42

StBatoendsofowGneedo_r_g_i_a___a__n_d____M__u_n__ic__ip__al_

None

U.S. Government Securities owned __ _

None

Other Stocks and Bonds owned. _____ _ 13,848.00

Banking House and Lot _______________ _

None

Furniture and Fixtures.--------------- 1,000.00

Other Real Estate owned.------------- 3.875.00

Cash in Vault and Amount due from approved Reserve Agents. ___________ _ 40,682.60

Choethckesr BfoarnkCs .l.e_a_r_i_n_g___a__n_d___D__u__e___fr_o__m_ Cash Items______________________________ _ Overdrafts. _____________________________ _

None None
442.36

Advance on Cotton and other Com-

modities. ------------------------- 56,573.86

Customers Liability on Letters of Credit and Acceptances.. ___________ _
Profit and Loss_________________________ _ Other Resources ___________ ------------

None None None

TotaL. __________________________________$ 220.711.24

LIABILITIES:

Capital Stock

___ $

Capital Notes_

Surplus Fund __

Undivided Profits __

DReuseertvoeBFaunnkdss_____________ _

Dividends Unpaid ..

Cashier's Checks____ _

Certified Checks ____ _

Demand Deposits __ _

Time Certificates of Deposits __ _

Savings Deposits__________

___

Letters of Credit and Acceptances BielxlsePcuatYeadbfloer__C__u_s_t_o__m__e_r_s________ _

Notes and Bills Rediscounted_ Other Liabilities ___________ _

30,000.00
None
6,000.00 5.435.76
None None
610.00 132.59
None
123,542.26 29.937.44 25.053.19
None None None None

TotaL------------------------------- ___ $ 220.711.24

NINETEENTH ANNUAL REPORT

101

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS & SOUTHERN BANK OF THOMASTON Thomaston, Ga.

As called for by the Superintendent of Banks.

JAMES R. ATWATER, President.
Date of Charter: 2-28-1930

C. B. JENKINS, JR, Cashier.
Began Business: 2-28-1930

RESOURCES:

-r:oans and Discounts ___________________ $ 236,180.44

State of Georgia and MuniciPal

u.Bso.nGdos voewrnnemde.n..t

----------- ----------Securities owned.

4,050.00 l23,l:J3 .00

Other Stocks and Bonds owned. ___ _ 29,9;i0.00 Banldng House and Lot ______________ _ 9. 500.00

Fumitnre and Ftxtures

3,219.28

Other Real Estate owned. ___________ _ 32' 078.07

cash in Vault and Amount due from

approved Reserve Agents

323,714.86

Checl's for Clearing and Due from

othn Banks ---------------------Cash Items ____ _

None None

overdrafts.----------

None

Advance on Cotton and other Com-

modities Customers

---Liability

------ -----on Letters

--of

507,909.08

Credit and Acceptances_ -- ________ __

None

Profit and Loss __ _

None

Other Resources

860.88

TotaL.

-- ___ $] ,270,625.61

LIABILITIES:

Capital Stock_______________

__ ___ $

Capital Notes. ____________ _

Sumlus Fund ... __________ _

Undivided Profits_

Res::;rve Funds

Duo to Banks __

Dividends Unpaid

Cashier's Checks.

Certified Checks _ Demand Deposits ________ __

Time Certificates of Deposits .. __ __

Savings Deposits___

_... --------

Letters of Credit ancl Acceptances

executed for Customers_ Bills Pa;;able__ __ ___ _

Notes and Bills Rediscounted -Other Liabilities. ____________ __

100,000.00 None
2ii,OOO.OO 11,132.58
None None 4,000.00 3,290.02 None 8G3, 991.79 fl~.Hi;i .63 200, 72fi.95
None None None 318.64

TotaL .. _

.$1,270,625.61

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF THOMAS COUNTY Thomasville, Ga.

As called for by the Superintendent of Banks.

W. F. SCOTT, President.
Date of Charter: 2-5-1937

H. B. GURLEY, Cashier.
Began Business: 2-15-1937

RESOURCES:
Loans and Discounts- .. ______________ .. $ State of Georgia ancl Municipal
Bonds owned __________ --------------U.S. Government Securities owned... Other Stocks ancl Bonds owned Banking House ancl Lot. ______________ _ Furniture ancl Fixtures. _____________ __ Other Real Estate ovn1ed. ___________ __ Cash in Vault ancl Amount clue from
approved Reserve Agents .. __________ _ Checks for Clearing and Due from CaosthheIrteBmasn_l_m______________-_-_-_--_-----------Overdrafts. _________ --------------------Advance on Cotton ancl other Com-
modities _________ ---------------------Customers Liability on Letters of
Credit ancl Acceptances. , Profit ancl Loss __________ ---------.Other Resources. _______________ _

LIABILITIES :

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

372,451.53

Capital Stock

__________________ $

CaDital Notes _______________________ __

None

Surplus Fund ______________ __

55,153.14

Undivided Profits.. ________________ _

4,000.00

Reserve Funds

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

None 4, !Jl2 .41

Due to Banks..

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

Dividencls Unpaid ____________________ --

None

Cashier's Checks ______________________ _

Certified Checks ______________ __

230,993.06

Demand Deposits __________________ -----

Time Certificates of Deposits ________ __

8,693.85

Savings Deposits ____________________ __

None

Letters of Credit ancl Acceptances

None

executed for Customers_ _ Bills Payable ___________________ ---------

None

Notes ancl Bills Recliscountecl--------Other Liabilities...... _______________ ---

None

None

None

50,000.00 None
10,000.00 5' 131.42
736.86 None 2,500.00 l, 992.95 I ,700.00 459,277.25 72,225.00 72,640.51
None None None None

TotaL __________________________________ .$ 676,203.99

TotaL- ______________________________ ....$ 676,203.99

102

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

COMMERCIAL BANK Thomasville, Ga.

As called for by the Superintendent of Banks.

J. TRUMAN HOLLAND, President.
Date of Charter: 7-3-1916

RESOURCES:

Loans and Discounts___________________$ 660.982.60

State of Georgia and Municipal

Bonds owned.---------------

26,043.86

U. s. Government Securities owned __ _ 1ll,962.30

Other Stocks and Bonds owned. _____ _ 21,390.52

Banking House and Lot .. _________ _

38,000.00

Furniture and Fixtures-

8,800.00

Other Real Estate owned_------------- 5,500.00

Cash in Vault and Amount due from approved ReserV6 Agents ____________ _ 673,946.14

Checks for Clearing and Due from

other Banks ------------------------- 18.717.54

COavsehrdIrtaefmtss..-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

None 239.76

Advance on Cotton and other Commodities _____________ . ______ ------_---_ 95.771.83

Customers Liability on Letters of Credit and Acceptances _____________ _
Profit and Loss _________________________ _ Other Resources. _____________________ _

None None 266.34

W. J. MILLER, JR.,

Cashier.

Began Business: 7-22-1916

LIABILITIES:

-=

Capital Stock

.$

Capital Notes.

Surplus Fund __ _

Undivided Profits ___________________ _

Reserve Funds _________ _

Due to Banks_________ _

5o.ooo.o0 5o.oNooo.noe0
25.032.59 None
19,867.02

Dividends Unpaid __ _ Cashier's Checks _______ _ Certified Checks _______ _ Demand Deposits ______________ _

-----------

150.00 5.265.84
635.00 1.066,664.28

Time Certificates of Deposits. __ Savings Deposits.. ______________ ._-----_

33,565.91 410,440.25

Letters of Credit and Acceptances

executed for Customers. ____________ _ Bills Payable .. _____________________ ._

None None

Notes and Bills Rediscounted Other Liabilities .. __________ _

None None

TotaL ...

- - - --------.$1.661.620.89

TotaL. ---

- ..$1, 661.620.89

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF THOMSON Thomson, Ga.

As called for by the Superintendent of Banks.

J. E. WILKERSON, President.
Date of Charter: 7-18-1891

E. C. HAWES, Cashier.
Began Business: 7-18-1891

RESOURCES:

LIABILITIES:

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

Loans and Discounts..... ______________ $ 147,183.07

Capital Stock_------- _______ --- ____ --._.$

State of Georgia and Municipal Bonds owned.. ------------------------
U.s. Government Securities owned ... Other Stocks and Bonds owned------Banking House and Lot ______________ __

97,062.92 67,561.56 39,698.62 ll,lOO.OO

Capital Notes_----- __ -- ____________ -- __ _ Surplus Fund _________________________ _ Undivided Profits. _____________________ _ Reserve Funds ______________ ---- _______ _ Due to Banks __________________________ _

Furniture and Fixtures.--------------- 3,250.00 Other Real Estate owned _____________ _ 6,828.80

DC ai vsihdieenr 'ds sCUh encpkasi .d.-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-____

Cash in Vault and Amount due from approved Reserve Agents ____________ _ 2ll,617.29

Certified Checks ______________ - ___ ---- __ Demand Deposits ______________________ _

Choethckesr Bfoanr kCs l_e__a_r_i_n_g___a__n_d_ --D__u_e___f_r_o__m_ 2,540.18

Time Certificates of Deposits_________ _ Savings Deposits_______________________ _

Cash Items.._ --------------------------Overdrafts. _____ -----.----- _____________ _ Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ -_

151.50 7.00
None

Letters of Credit and Acceptances executed for Customers ____________ __
Bills Payable _________________________ __ Notes and Bills Rediscounted ___ _

Customers Liability on Letters of Credit and Acceptances_____________ _

None

Other Liabilities.. ---------------------

Profit and Loss.. --_. ___ ---- ____________ _

None

Other Resources---------. __ -- _________ _ 2,317.63

50,000.00 None
50,000.00 19,656.76
666.46 None 4,000.00 1,417.08 None 283,283.97 180,294.30 None None None None None

TotaL.. ________ .---- ___ -____ ----- __ ----.$ 589,318.57

TotaL __________________________________$ 589,318.57

NINETEENTH ANNUAL REPORT
---------~~--~------

103

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF TIFTON Tifton, Ga.

As called for by the Superintendent of Banks.

E. P. BOWEN, SR., President.
Date of Charter: 10~10-1891 - . ~~""'--=c.=~.=-=-=-c...c....c===-----==='-----"""'""--=-=-----~~----
RESOURCES:

B. H. McLEOD, Vice Pres. & Cash. Began Business: 1896
LIABILITIES:

r:.;;;:ns and Discounts __________________ .$ 657,308.78

stBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ 51,207.16

u.s. Government Securities owned __ _ 107,325.00 Other Stocks and Bonds owned. ____ _ 61,673.56

Banking House and Lot _____ _

24,983.35

Furniture and Fixtures _______________ _

None

Other Real Estate owned.------------- 28,030.69

Cash in Vault and Amount due from approved Reserve Agents _____________ 1.092,582 .Ill

Choethckesr Bfoanr kCs _le__a_r_i_n_g___a__n_d___D_ _ue from Cash Items _______________ .--------------Overdrafts___________________ -----------

9,068.37 641.61
451.90

Admvoadnicteieso_n__C__o__t_t_o_n___a_n__d__o__t_h_e__r__C__o_m_ -_

None

Customers Liability on Letters of Credit and Acceptances _____________ _
Profit and Loss _________________________ _

None None

Other Resources ----------------

None

Capital Stock_

_$

Capital Notes

Surplus Fund----- __________ _

Undivided Profits __ ---------------DReuseertvoeBFaunnkds _s_._-_-_-_

Dividends Unpaid _ Cashier's Checks. ______ _

Certified Checks-----------------------Demand Deposits----------------------_ Time Certificates of Deposits. ________ _ Savings Deposits. ______________________ _

Letters of Credit and Acceptances BielxlsePcuatyeadbfloer__C__u_s__to__m__e_r__s_._-_-_-_-_-_-_-_- ___ _

Notes and Bills Rediscounted Other Liabilities. _____________ _

100,000.00 None
150,000.00 74,970.57 l ,000.00 244,9fi4.58 2,335.00 1,635.11 188.25 996,135.19 256,994.55 202,049.18
None None None None

TotaL-------

------ ..$2,033,272.43

TotaL __ _

.

----~-

-~--~---------

- __ $2 ,033,272.43

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE FARMERS BANK OF TIFTON Tifton, Ga.

As called for by the Superintendent of Banks.

JOSEPH KENT, SR., President.
Date of Charter: 12~21-1936

E. J. PATTEN, Vice President. Began Business: 2~24-1937

RESOURCES:

~~------------
Loans and Discounts ___________________$

State of Georgia and Municipal

Bondsowned.-... --- -------------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 CaosthheItreBmasn_k__s____________________-_-_-_-_-_-_-_-_-_-_-_--_-----

Overdrafts.. ______

___________ _

Admvoadnictiees_o_n__Cotton___a_n__d__o__t_h_e__r__C_ o. m__ -_

Customers Liability on Letters of Credit and Acceptances _____________ _
Profit and Loss _________________________ _

Other Resources. __________ _

75,579.36 None None None
7,000.00 3,000.00
None 31,848.59
885.96 None None None None None 50.00

TotaL __________________________________ $ 118,363.91

LIABILITIES:

Capital Stock

__ $

Capital Notes

Surplus Fund _____ __

URensdeirvviedeFdunPdrosf_i_ts_________________________ _

Due to Banks __________ ----------------Dividends Unpaid Cashier's Chocks __ _ Certified Checks __ Demand Deposits ___________________ _

Time Certificates of Deposits ________ _ Savings Deposits.. _____________________ _

Letters of Credit and Acceptances BielxlsePcuatyeadbfloer__C__u_s_t_o_m__e_r_s_.______________ _

Notes and Bills Rediscounted--------Other Liabilities.. ---------------------

50,000.00 None
10,000.00 346.29 600.00 None None 544.48 None
45,089.18 5,188.43 6,595.53
None None None None

TotaL __________________________________$ 118,363.91

104

DEPARTMENT OF BANKING

STATEMENT -----------------------------
Showing condition at the close of Business December 31, 1938, of the

THE BANK OF TIGNALL Tignall, Ga.

As called for by the Superintendent of Banks.

C. D. BOLTON, President.
Date of Charter: 7-5-1909

L. D. WARE, Cashier.
Began Business: 8-1909

RESOURCES:

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

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

apprOVl\d Reserve Agents __

Checks for Clearing and Due fro1n

other Banks

Cash Items ..

Overdrafts...

__________ _

Advance on Cotton and other Com-

modities.

Customers Liability on Letters of

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

Profit and Loss ..

Other Resourc ces

44.191 .32
None None None 2.500.00 1,000.00 2,000.00
56.665 .3-l
1.329.68 None None
2,733.17
None None None

TotaL

....$ 110.719.51

LIABILITIES:

Capital Stock Capital Notes_

--- .$

Surnlus Fund_

Undivided Profits

Reserve Funds Due to Banks __ _

Dividends Unpaid Cashier's Checks __________ _

Ce1tified Checks __

Demand Deposits.

Time Cprtificates of De!losits..

Savings Deposits ... _

-----------

Letters of Credit and Acce!ltances

PXecutecl for Customers_

Bills Payable--

---- -----

Notes and Bills Rediscounted

Other Liabilities..

25.oo()-:oQ 5,000.00 1,000.00
325.17 None None None None None 51i.55l.54 22,839.80 None
None None None None

Total

_________ $ 110,719.51

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF TOCCOA Toccoa, Ga.

As called for by the Superintendent of Banks.

J. H. CURTIS, President.
Date of Charter: 8-10-1911

R. C. HARDING, Cashier.
Began Business: 9-1-1911

RESOURCES:

Loans and Discounts____________ ..$ 252.732.05

State of Georgia and Municipal

Bonds owned.... ---------------------

None

U. S. Government Securities owned ... 50,000.00

Other StocLs and Bonds owned

None

Banking House and Lot._

None

Furniture and Fixtures_

2,!Jl6.00

Other Real Estate owned--------- -- 6,678.80

Cash in Vault and Amount clue from

a!)provecl Reserve Agents ____________ _ 133,022.55

Checks for Clearing and Due from

other Banks

______ ... _.... 1.106.01

Cash Items ..

None

Overdrafts..... . ---------

None

Advance on Cotton and other Com-

modities

_____ ----------- ---

13,766.47

Customers Liability on Letters of

Credit and AcceDtances....... __ _

None

Profit and Loss ________ -------------

None

Other Resources--------------------

3,174.42

TotaL. -----------------------------.$ 463.396.30

LIABILITIES:

-----------------Ca!lital Stock __________________________ $ 25,000.00

Ca!lital Notes -------------------------- 20,000.00

Survlus Fund --------------------------

Undivided Profits __________ -------------

Reserve Funds.

________________ _

Due to Banks.

__________________ _

10,000.00 12.8!)!.56 3,318.21
None

Dividends Unvaicl -------------

None

Cashier's Checks....

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

708.08

DCcelmtifainedclDCeh!elocskists -.-.-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_--_

None 302,742.69

Time Certificates of De!)osits _________ _ 6,46:2.50 Savings De!lOSits. ____ . ______ . ____ .. _.. __ 82,270.26

Letters of Credit and Acce!ltances executed for Customers. ___________ _
Bills Payable .. ______ . ____________ ------

None None

ONothteesr aLnidabBiliiltliseRs _e_d_i_s__c_o_u__n_t_e__d__________ _

None None

TotaL _________________________ --------.$ 463,396.30

NINETEENTH ANNUAL REPORT

105

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

STATEMENT Showing condition at the close of Business December 31, 1938, of the

WILKINSON COUNTY BANK Toomsboro, Ga.

As called for by the Superintendent of Banks.

F. B. CHAMBERS, President.
Date of Charter: 7-16-1907

H. E. STEPHENS, Cashier.
Began Business: 7-16-1907

RESOURCES:
==-:-.-_$ ~-;nd Dl~counts_.- -_

state of Georgia and Municipal

uBsonGdos voewnn1emde--n-t--S-ec- u-r-i-t-i-es-o--w--n-e--d-_-_-
Other Stocks and Bonds owned _____ _

Banking House and Lot ..

Furniture and Frxtures-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 ______ _

73 '9.?!. 05
None 3,000.00
None 5,000.00
G4l.OO 16,013 .34
54,408.67
None None 433.84
None
None None None

TotaL-----

_______ $ 153,453.90

LIABILITIES:

Capital Stock____

_________ $

Capital Notes __ _ Surplus Fund __ _ Undivided Profits_ RDeuseertvoeB:Fanuknds _s___________ _

Dividends UnDaicL Cashier's Checks _ Certified Checks Demand DcDosits

____ _

TSaimviengCseDrtiefpicoastietss_o__f_D__c_D__o__s_i_ts__. ________ _

Letters of Credit and AcceDtances BielxlsePcuatyeadbfloer__C__u_s_t_o__m__e_r_s___________ _

Notes and Bills Rediscounted. __ Other Liabilities __________________ _

15.000.00 10,000.00
None 3,175.82 1 ,150_00
None None ggn .85 None 82,97!) .35 39,848_88 None
None None None None

TotaL

153,153.90

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF TRION Trion, Ga.

As called for by the Superintendent of Banks.

BENJ. D. REIGEL, President_
Date of Charter: 10-16-1912

GRADY W. COLE, Cashier.
Began Business: 12-17-1912

RESOURCES:

- - - ----~----------
Loans and Discounts ___________________$ 122,558.98 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 _____________ _

None
113,275.00 None None
3, !5J9867._0oo0

Cash in Vault and Amount due from

c~~g{~v{~ ~1g~gn~g~~1J nlie--i,:offi 80,125.19

g~i~JJ:~r~~ ::::::_:_:::::::::::::::::
Amdvoadnicteieso_n__C__o__t_t_o_n___a_n__d__o__t_h_E__r__C__o_m_ -_ Customers Liability on Letters of PrCredit and Acceptances _____________ _
Oth~~ 'k~~o~~~se5:::::: ::::::::::::::::::

None None None 5,661.28 None None None

TotaL __________________________________ .$ 326,503.45

LIABILITIES:

Capital Stock____ Capital Notes ______ _ Surplus Fund ______ _

______ $ 25,000.00 None
25,000.00

Undivided Profits __

Hi,47tiAO

Reserve Funds_

1,363.00

DDiuveidtoenBdasnUksn_p_a__i_d -_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Cashier's Checks _______________________ _ Certified ChecJ,s _______________________ _

None None 1,213-83 None

Demand De!losits ---------------------- 1:)4,829.85

Time Certificates of Deposits _________ _ SaYings De!losits _______________________ _

101,532.12 1,088.25

Letters of Credit and Acceptances executed for Customers. ____________ _
Bills Payable ___________________________ _

None None

Notes and Bills Rediscounted ________ _ Other Liabilities _______________________ _

None None

TotaL.. _______________________________ ..$ 326,503.45

106

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF TUCKER Tucker, Ga.

As called for by the Superintendent of Banks.

P. K. BURNS, President.
Date of Charter: 10-29-1919

L. S. BURNs Cashier. '
Began Business: 12-30-1919

RESOURCES:

Loans and Discounts________

... $

State of Georgia and 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__

_

Choethckesr Bfaonrks_C_l_e_a_r_i_n_g__and__.D__u_e___f_r_o__m_ Cash Items.. - ______________ _ Overdrafts... ____ ._._. _____ . ____________ _

Advance on Cotton and other Com-

modities .. -----

___ _

Customers Liability on Letters of

Credit and Acceptances._. __

Profit and Loss.. __________ _

Other Resources ---------

LIABILITIES:

~--~~~~----~~---~~---~

62.403.15 Capital Stock------------ -----------.$ 15.000.00

None None None

Capital Notes -------
t~J'lv~~:cr~~ofiis____
Reserve Funds.------

-------

7.500.00
3-ooo.oe
1.~:~

2' 100.00 1,500.00
1,200.00

Due to Banks.... Dividends Unpaid_____________ Cashier's Checks._______________ Certified Checks .. ______________

None
470.00 28.42
None

37,440.05
336.53 10.00

Demand DEPOSits.___ ----- Time Certificates of Deposits______ Savings Deposits _____ ----------------.-Letters of Credit and Acceptances

47 270 94 263:.0so475.:7558

308.85 178.33
None

BielxlsePcuatyeadbfloer..C..u_s_t_o__m__e_r_s_._______ _ Notes and Bills Rediscounted Other Liabilities .... ____ .

None None None None

None

None

TotaL ..

__________ $ 105,476.91

TotaL.

STATEMENT Showing condition at the close of Business December 31, 1938, 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
-~~-=--'---'---'=
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_ .. _________ _

Choethckesr BfoarnkCs.le__a_r_i_n_g: __a_n__d___D__u_e___f_ro__m_

Cash Items.. ----------- _____________ _

Overdrafts.__

__________________ _

Advance on Cotton and other Commodities----------- ____________ _

Customers Liability on Letters of

Credit and Acceptances ____________ _

Profit and Loss________

___________ _

Other Resources _______ ----------------

45,113.05
1,000.00
None None
1,850.00 850.00
None
67,010.79
127.35
None None
1,671.79
None None None

_____ $ 117,622.98

T. E. WOODRUFF, Cashier.
Began Business: 4-22-1935

LIABILITIES:

- - - - ---~~-- - - - - - - -

Capital Stock. ------------

.$

SCuarppitlauls NFoutneds _______________________ _

Undivided Profits.. ____________ _

RDeuseertvoeBFaunnkds.s.._-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-___ _

15,000.00
None
5,000.00
2,0!1.15
None None

DC ai vsihdieenr 'ds sCUh ne cpkasi.d_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-___ Certified Checks _______________________ _

900.00 76.40
None

Demand Deposits---------------------._ 58,923.92

Time Certificates of Deposits. ________ _ Savings Deposits.. _____________________ _

35,711.51
None

Letters of Credit and Acceptances B ielxl sePc uatyeadbfl oe r__C__u_s_t_o__m__e_r_s____-_-_-_-_-_-_-_-_-_-_-_- -_ Notes and Bills Rediscounted ________ _ Other Liabilities. ______________________ _

None None None None

TotaL __________________________________$ 117,622.98

l'<J:NETEENTH ANNUAL REPORT

107

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF UNION POINT, Union Point, Ga.

As called for by the Superintendent of Banks.

II. LAMB, President.
Date of Charter: 5-15-1911

R. B. RHODES, Cashier.
Began Business: 5-1911

RESOURCES:

LIABILITIES:

Loans and Discounts___________________ $ 132.847.41

state of Georgia and Municipal

Bonds owned-------------------------

None

u.s. Government Securities owned. __

None

Other Stocks and Bonds owned ______ .

None

Banking House and LoL. _____________ _ 1, 719.00

Furniture and Fixtures_--------------

76.00

Other Real Estate owned------------- 4.885.44

cash in Vault and Amount due from

approved Reserve Agents__

60.357.96

Checks for Clearing and Due from

CaosthheIrteBmasn_k__S_-_-_-_-_-_-_-___-_-_-_-_-_-_-_----------------------

1,336.30 None

overdrafts __ -----------------------------

None

Amdvoadnicteieso_n__ -C--o_t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _-

None

customers Liability on Letters of

Credit and Acceptances_----- _______ _

None

Profit and LoSS--------------------------

None

Other Resources. __ -------------------

None

Capital Stock_ ---------------------- _$ SCuarppitlauls NFuotneds-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-________ ._ Undivided Profits _______________ . ______ . Reserve Funds ______________________ _ Due to Banks ___________________________ _ Dividends Unpaid _____________________ _ Cashier's Checks ______________ -------- __ CDeermtiafinedd DCehpeocskists. __________-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_- .... Time Certificates of Deposits _________ _ Savings Deposits ______ -------------- ___ _ Letters of Credit and Acceptances BielxlsePcuatyeadbfleor__C__u_s_t_o__m__e_r_s______________________-_-_ _
Notes and Bills Rediscounted ________ _ Other Liabilities ___ --------------------

25,000.00 None
2.1,000.00 4,194.44 1,000.00
None 1,125.00
178.04 None 132,476.22 None 12,248.41
None None None ::-<one

TotaL _____________ ----------------- ____ $ 201.222.11

TotaL-

_______ $ 201,222.11

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

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE FARMERS BANK Union Point, Ga.

As called for by the Superintendent of Banks.

L. 0. BENTON, President.
Date of Charter: 9-6-1911

A. J. STEWART, Cashier.
Began Business: 9-6-1911

RESOURCES:

Loans and Discounts ___________________ $ StBatoendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_
U.S. Government Securities owned .. _ BOat hnekri nSgt oHc ko su saen adnBdoLnodts_o__w__n__e_d_ __- - - - Furniture and Fixtures _______________ _ Other Real Estate owned- ____________ _ Cash in Vault and Amount due from
approved Reserve Agents ____________ _ Checks for Clearing and Due from
g~~~]Jif~~=::::::::::::::::::::::::::
Amdvoadnicteieso_n___C__o_t_t_o_n___a__n_d. _o__t_h_e__r. _C_ o..m..-
Customers Liability on Letters of PrCredit and Acceptances _____________ _
ofit and Loss________________ _
Other Resources____ _ ---------------

85.641.52
4,257.80 11,370.52 5,110.80 2,000.00
500.00 1,643.20
48,400.87
552.e6 None 33.92
335.62
None None None

TotaL _____________________ .. ____________$ 159,846.91

LIABILITIES: Capital S-to-c-k-__-__-___________________ . ___ $ Capital Notes--------------- __________ _ Surplus Fund ______________ -----------Undivided Profits _____________ ----RDeuseetroveBFaunnkdss____-_-__-_-_-_-_-_-_-_-_-_-_-_-___________________ __ Dividends Unpaid ____ ------------- ____ _ Cashier's Checks ______________________ ._
DC eermt iaf inedd DCehpeocskist s- -_-__-_-_- ---- -- ---- -_-_-__-_-_-_- -------- -_-_ Time Certificates of Deposits _________ _ Savings Deposits _______________________ _ Letters of Credit and Acceptances
executed for Customers _____________ _ Bills Payable_. _________ --------------- _ Notes and Bills Rediscounted ________ _ Other Liabilities________________ ------

l!i,OOO.OO 10,275.00 3,000.00 3,202.85 2,075.00
None 7.80
1.571. 70 None
74,907.91 2,100.00 47,706.65
None None None None

TotaL------ __ -------------------- ____$ 159,846.91

108

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BRICE BANKING COMPANY Vidalia, Ga.

As called for by the Superintendent of Banks.

M. F. BRICE, President.
Date of Charter: 10-22-1938
RESOURCES:

G. H. GIBSON

Cashier. '

Began Business: 10-29-1938

LIABILITIES:

=

Loans and Discounts ___________________ $ 98.538.06

StBatoendsoof wnGeedor_g_i_a____a_n_d____M___u_n_i_c_i_p__al_

None

U. S. Government Securities owned __ _ 2.1i26.00

Other Stocks and Bonds 0\Vned ______ _ 3,100.00

Banking House and Lot. _____________ _

None

Furniture and Fixtures

1,800.00

Other Real Estate owned _____________ _ 1.250 .00

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 117,933.82

Choethckesr Bfoanr kCs _l_e_a_r_i_n_g___a__n_d___D__u__e_ _from

7 ,o2S .36

Cash Items ____ _

None

Overdrafts. _____________________________ _

None

Admvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h_e__r__C_ o_m-

None

Customers Liability on Letters of

Credit and Acceptances __ _

Profit and Loss___

___________ _

Other Resources ___ ____________ _

None None None

Capital Stock ________________________ .$

Capital Notes. ------------------------Surplus Fund

Undivided Profits __

Reserve Funds Due to Banks ___ _

Dividends Unpaid _ CashiN's Chocks _______________ _ Certified Checks _________________ _

Demand Deposits ___ _

Time Certificates of Deposits __ _

SavingsDeposits ____ __

___

Letters of Credit and Acceptances executed for Customers
Bills Payable _

Notes and Bills Rediscounted Other Liabilities __

25.000:00
1o.oNooo.noeo
: -~71.15 0,006.69
None None l.l89 .39 None 186,808.01 None None
None None None None

TotaL ___ _

________________ $ 235,87:).24

TotaL ______ _

STATEMENT Showing condition at the close of Business December 31, 1938, of the

DARBY BANKING COMPANY Vidalia, Ga.

As called for by the Superintendent of Banks.

J. F. DARBY, Sr., President.

0. C. EIDSON, Cashier.

Date of Charter: 6-22-1934

Began Business: 7-1-1934

RESOURCES:

Loans and Discounts ___________________ $ 129,936.98

StBaotendsoof wnGeedo_r_g_i_a____a_n__d____M__u__n_i_c_i_p__a_l l ,305.43

U.S. Government Securities owned ... 6,000.00

Other Stocks and Bonds owned. _____ _ Banking House and Lot _______________ _

3,000.00 8,700.00

Furniture and Fixtures ______________ _ Other Real Estate owned ____________ _

775.00 4,820.00

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 85,007.29

Choethckesr Bfoanr kCs _le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items ______________________________ _ Overdrafts ______________________________ _

2,328.11 None None

Admvoadnicteieso-n- __C_o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _- 64,010.47

Customers Liability on Letters of

Credit and AccePtances_____________ _ Profit and Loss _________________________ _

None None

Other Resources ______ ------------------

None

TotaL ___________________________________ $ 306,883.28

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 Customer:o

Bills Payable-------------------

Notes and Bills Rediscounted

Other Liabilities __________ -------------

25,000.00 8.600.00 7,828.48
None 5,284.20
None None 343.46 None 202,302.59 56,524.55 None
None None None None

TotaL.. _________________________________ $ 305,883.28

NINETEENTH ANNUAL REPORT

109

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK Vienna, Ga.

As called for by the Superintendent of Banks.

J. B. WALTON, President.
Date of Charter: 6-30-1931

W. G. WILLIAMSON, Cashier.
Began Business: 7-1-1931

RESOURCES:

~dDiscounts- .................$ 111.769.21

state of Georgia and Municipal

u.Bso.nGdsovoewrnnmede.n.t.

.. Secur

i

t

i

.. .. es owned

.

..

None 17,350.00

Other Stocks and Bonds owned. __ , ..

None

Banking House ~nd Lot .............. . 3.500.00

Furniture and Frxtures .............. ..

467.50

Other Real Estate owned_ ..-........ ..

None

Cash in Vault and Amount due from

approved Reserve Agents...........

98,571.40

Checks for Clearing and Due from

other Banks

401.79

cash Items........ ..

None

overdrafts.............................. _

None

Advance on Cotton and other Com-

modities...... .............. ............ 29.041.39

customers Liability on Letters of

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

None

pOrtohfeitr aRnedsoLuorscse.s.-- ___ . ___________ _

None None

Total.---------------

261.101.29

LIABILITIES:

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

..$

Capital Notes. Surplus Fund ______ _

Undivided Profits.. .

Reserve Funds ...... ...

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

Dividends Unpaid .... .

Cashier's Checks.- ... Certified Checks ___ .. _____ ...

Demand Deposits ______ ------------

Time Certificates of Deposits... Savings Deposits .... ___ ..... __ .. ---_._ ..

Letters of Credit and Acceptances

executed for Customers Bills Payable. __ ...... _....... ___ .............. _

Notes and Bills Rediscounted ....... ...

Other Liabilities ..... ____ --------- .. ..

25,000.00 13,200.00 10.000.00 1Ui35.62 1,051.40
None 212.09 2,088.25 None 175,295.38 22,618.55 None
None None None None

TotaL_

.. $ 2!H ,101.29

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF VILLA RICA Villa Rica, Ga.

As called for by the Superintendent of Banks.

S. C. DOBBS, President.
Date of Charter: 5-4-1899

R. R. RICHARDSON, Cashier.
Began Business: 5-1899

RESOURCES:

Loans and Discounts ... _________________ $ 138,569. 7l

State of Georgia and Municipal

Bonds owned.-- .. -- .. ---------- .. ------ 8,983.90

U. S. Government Securities owned ... 82,897.54

Other Stocks and Bonds owned

14,750.00

Banking House and Lot .. __ __

3,810.00

Furniture and Fixtures.

943.45

Other Real Estate owned _____ ..... __ _ 26,888.97

Cash in Vault and Amount due from

appwved Reserve Agents ...... ____ .. _ 56,599.19

Checks for Clearing and Due from

other Banks .. _... _______ _

77.15

Cash Items....-................. .

None

Overdrafts ........ ______________ ... -.----

None

Amdvoadnicteieso_n_ ..C..o..t.t.o.n__ .a..n..d__o__t_h_e__r__C__o_m_ _- 142,905.28

Customers Liability on Letters of

Credit and Acceptances... __ ... _

None

Profit and Loss...... _________ _

None

Other Resources ___ .. ____ .......... ...

7.546.71

TotaL ..................................... --- .... ---$ 483,971.90

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.

BillsPayable .. ____

...

Notes and Bills Rediscounted ____ ..

Other Liabilities......

50,000.00 None
10,000.00 3,012.89
275.13 None 1,500.00 987.08 None 302,361.59 85,835.21 None
None 30,000.00
None None

TotaL_ .. ____ .. __ ..... ___ .. _______________$ 483,971.90

llO

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF WADLEY Wadley, Ga.

As called for by the Superintendent of Banks.

Dr. J. D. PEACOCK, President.
Date of Charter: 1-29-1902

B. A. WATSON, Cashier.
Began Business: 1-1902

RESOURCES:

Loans and Discounts ___________________ $ 168,005.42

StBaotendsoof wnGeedo.r_g_i_a____a_n__d____M__u__n_i_c_i_p__al_ 3,050.00

U.S. Government Securities owned... 10,000.00

Other Stocks and Bonds owned ______ _

None

Banking House and Lot _______________ _ Furniture and Fixtures. ______________ _

2,000.00 1,000.00

Other Real Estate owned. ____________ _ 3,750.00

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 76,710.23

Choethckesr BfoarnkCs le__a_r_i_n_g___a__n_d___D__u__e__f_r_o__m_ Cash Items.... _.. ________________________ _ Overdrafts. ___ .. ________________________ _

None None None

Admvoadnicteieso_n__ .C_o__t_t_o_n___a_n__d___o_t_h__e_r__C_ o. _m_ _- 25,441.80

Customers Liability on Letters of

Credit and AccePtances _____________ _ Profit and Loss. ____________ _ Other Resources ________ _

None None None

Total.. ....

___ $ 289,957.45

LIABILITIES:

Capital Stock -------------------- _____ $----z5:000:00

Camtal Notes.--------------------------

None

SUunrdpilvuisdeFduPnrdof.i-ts-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-

15,000 oo 8,513:94

DReuseetroveBFanukns_d__s_._-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_- l .2N2o7.n1e6

Dividends Unpaid______________________

60 00

Cashier's Checks.. ____ ------------------ l .oso:83

Certified Checks__________________ -

None

D~mand Deposits----------;------------ 138,154.24 T1me Certificates of DePOSits__________ 33,400 00

Savings Deposits ______ ------------------ 67,52r:2s Letters of Credit and Acceptances

executed for Customers ----------Bills Payable .. ______ -------------------Notes and Bills Rediscounted ________ _ Other Liabilities __________ --------------

None None None None

TotaL __

___ $ 289,957.45

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK Warrenton, Ga.

As called for by the Superintendent of Banks.

DENHAM CASON, President.
Date of Charter: 4-14-1902

R. F. FOWLER, Cashier.
Began Business: 4-1902

RESOURCES:

Loans and Discounts___ _ _

____ $ 311,812.80 I

State of Georgia and Municipal

Bonds owned .... ---------------------- 37' 164.66

U.S. Government Securities owned... 93,286.66

Other Stocks and Bonds owned

33,403.36

Banking House and Lot ..

8,975.44

Furniture and Fixtures

5,587.10

Other Real Estate owned _____ -------- 4.196.01

Cash in Vault and Amount due from approved Reserve Agents ____________ _ 463.120.36

Choethckesr Bfoanr kCs _le__a_r_i_n_g___a_n__d___D__u_e___fr_o__m_

Cash Items_______

_______________ _

Overdrafts. _________ _

24.98 5.00 168.33

AdmvoadnJcteJeso_n. __C__o_t.t. o__n___a_n_d___o__t_h_e__r__C__o_m_ -_

None

Customers Liability on Letters of Credit and AccePtances _________ _
Profit and Loss __________ _

None None

Other Resources.-------

None

Total ....

_____ $ 958,045.00

LIABILITIES:

Capital Stock___________

_____ $

Capital Notes

__

Surplus Fund ________ _

Undivided Profits ____ _

RDeuseertoveBFaunnkdss____-__-_-_-__--_-

Dividends Un"aid _________________ _

Cashier's Checks ____ . ___ --------- ____ _

DCeermtiafineddDCehpeocskists..______________________ _

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
None
25,000.00 34,162.36 14,992.90
None None
4,674.68
None
829 ,2]5 .06
None None
None None None None

TotaL. ________________________________ ..$ 958,0-!5 .00

NINETEENTH ANNUAL REPORT

111

~-

~-------

STATEMENT

Showing condition at the close of Business December 31, 1938, of the

WASHINGTON LOAN & BANKING COMPANY Washington, Ga.

As called for by the Superintendent of Banks.

W. L. JOHNSON, President.
Date of Charter: 9-7-1891

F. W. THOMAS, Cashier.
Began Business: 5-1-1895

RESOURCES:

Loans and Discounts ____ ------- ________$ 270,886.72

state of Georgia and Municipal

Bonds owned - - - - .

--- 182,588.76

U s Government Secunt1es owned... 98,300.00

Other Stocks and Bonds owned ______ _ 103,000.00

Banking House and Lot

None

Furniture and F1xtures

__ _

None

Other Real Estate owned. ____________ _ 5.000.00

cash in Vault and Amount due from approved Reserve Agents ____________ _ 144,552.73

Checks for Clearing and Due from

other Banks

None

Cash Items.----- -----------

16.20

overdrafts________

-- --- --- -

52.19

Advance on Cotton and other Com-

modities-------------

---

None

cmtomers Liability on Letters of Credit and Acceptances. __________ _

None

Profit and Loss __ _

None

Other Resources

None

TotaL _____ _

.$ 804,396.60

--

~--------

LIABILITIES:

Capital Stock._____ Capital Notes. _____ _ Surplus Fund _______ _

___________ $ 50,000.00 None
50,000.00

Undivided Profits ___ _ Reserve Funds _____ _ Due to Banks. _________ _

62,446.22 None
2.140.23

DCaivsihdieenr'dssCUhnecpkasi.d_-_-_-_-_-_-_-______________ __ Certified Checks ____ ._. _______________ __

None 2.470.08
None

Demand Deposits----------------------- 393,384.26

Time Certificates of Deposits _________ _ Savings Deposits .... ___________________ _

53,497.66 190,458.15

Letters of Credit and AccePtances

BielxlsePcuatyeadbfloer. _C__u__s_t_o_m_ .e.r_s__.-_-__-_--.-.-_-_-_-__--_-_

None None

Notes and Bills Rediscounted .. ______ _ Other Liabilities. ______________________ _

None None

TotaL

___ $ 804,396.60

STATEMENT Showing condition at the close of Business December 31, 1938, of the

COMMERCIAL BANK Waycross, Ga.

As called for by the Superintendent of Banks.

L. B. HARRELL,

J. M. NORMAN,

President.

Vice-Pres. & Cashier.

Date of Charter: 10-15-1918

Began Business: 10-30-1918

- - - - - - - - - - - . - - - - - - - -------~----

----~~-------~~~--~-

RESOURCES:

LIABILITIES:

Loans and Discounts.______

__ .$

State of Georgia and Municipal Bonds owned_______________ __ _

U.S. Government Securities owned...

Other Stocks and Bonds owned Banking House and Lot ____ __

Furniture and Fixtures ___ Other Real Estate owned ___________ _

Cash in Vault and Amount due- from approved Reserve Agents ____________ _

Checks for Clearing and Due from

other Banks _

Cashitems______

-----------

Overdrafts. ________ .. -

Advance on Cotton and other Commodities ____________ --- __ --------------

Customers Liability on Letters of

Credit and Acceptances. Profit and Loss _____ __

Other Resources_

233.681.71
18,982.26 358.977.34
6,000.00 17,510.00 5,000.00 1,500.00
964,585.32
5,166.7-1 35.34 None
None
None None 332.67

Capital Stock___ Capital Notes ______ _ Surplus Fund ______ __

________ $

Undivided Profits.... Reserve Funds ______ _ Due to Banks________ _ Dividends Unpaid ___ __ Cashier's Checks ________ _ Certified Checks ____________ __

Demand DepositS------------STaimviengCseDrteifPicoastietss_o_f__D__e_p__o_s__it_s_._._______ __

Letters of Credit and Acceptances

BielxlsePcuatyeadbfloer__C__u__s_t_o_m_ -e-r-s_-_-__-_-_------.-.-_----

Notes and Bills Rediscounted----Other Liabilities ___________ ------

50,000.00 None
10,000.00 54,664.34 11,333.39 50.000.00 3,000.00 16,684.14
None 899,919.99
None 516.169.52
None None None None

TotaL

_________$1,611.771.38 1 TotaL.

------ ___$1,611, 771 .38

112

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF WAYNESBORO Waynesboro, Ga.

As called for by the Superintendent of Banks.

C. W. SKINNER, Jr.,

F. M. SKINNER

President. Date of Charter: 12-16-1890

Cashier. ' Began Business: 189!

==~~~==~~~============

RESOURCES:

LIABILITIES:

Loans and Discounts ___________________ $ 163,596.58

StBatoendsoof wnGeedo.r.g. i_a____a_n__d____M__u__n_i_c_i_p__al_

None

U. S. Government Securities owned. __

None

Other Stocks and Bonds owned

None

Banking House and Lot.._

None

Furniture and Fixtures. Other Real Estate owned. ____________ _

3,916.00 17,106.51

Cash in Vault and Amount due from

approved Reserve Agents ____________ _ 74,397.68

Choethckesr Bfoanr kCs _le__a_r_i_n_g___a__n_d__ _Due from 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

15,000.00

TotaL.._

...$ 274,016.77

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

Capital Notes ....... Surplus Fund ______ _

Undivided Profits...

Reserve Funds

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

Dividends Unpaid

Cashier's Checks.. _...

DCeermtiafineddDCehpeocskists--_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_- ..

Time Certificates of Deposits... __ ...

Savings Deposits .... _.

.. _____ _

Letters of Credit and Acceptances

executed for Customers_ Bills Payable .. _. ______ ............. ____ _

Notes and Bills Rediscounted ....... ..

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

520o,.0o0o0o JO.ooo

00 0000

2,210:27

None None None 2.031.42

None
9,4,_,1c9.o9o..3o5o

7o.075.73

None 15,000.00
None None

TotaL .....

------
.$ 274.016.77 ---

STATEMENT Showing condition at the close of Business December 31, 1938, of the

CITIZENS BANK AND TRUST COMPANY 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___________________$ 781.438.35

State of Georgia and Municipal

Bonds owned._ ...... _______ . ____ .... _. 39,000.00

U. S. Government Securities owned.. . 178,400.00

Other Stocks and Bonds owned_

25,150.00

Banking House and Lot .. _

None

Furniture and Fixtures

ll,OOO.OO

Other Real Estate owned _____________ _ 29,059.17

Cash in Vault and Amount due from

approved Reserve Agents........... . 667,632.42

Choethckesr BfoarnkCs _le__a_r_i_n__g_ _and Due from

1,175.46

COavsehrdIrtaefmtss.._._._._._..__________________ ._._ ...

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 __ .................. _.. .

867.22

TotaL._ ............... __ ...... _....... _.$1, 733,722.62

LIABILITIES:

Capital Stock..

.... $ 100,000.00

Capital Notes Surplus Fund ______ _

85,000.00 25,000.00

Undivided Profits...

13,880.38

Reserve Funds ___ _ Due to Banks.. _____________ __

12.475.00 None

Dividends Unpaid. ___ _ Cashier's Checks __________ _

None 110.29

Certified Checks ____________ _

5,045.34

Demand Deposits ________________ _

863,439.09

Time Certificates of Deposits.. _.

None

Savings Deposits..

___ __ 628,772.52

Letters of Credit and Acceptances executed for Customers .. _._ .....

None

Bills Payable .... ____ ... __

None

Notes and Bills Rediscounted ___ _ Other Liabilities...... __________ _

None None

Total .. __ ._. _____ ._. __ . ____ . __________ ...$1. 733,722.62

NINETEENTH ANNUAL REPORT

113

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE PEOPLES BANK Winder, Ga.

As called for by the Superintendent of Banks.

c. 0. MADDOX,
President.

0. B. LANGFORD, Cashier.

Date of Charter: 10-20-1926

Began Business: 10-30 1926

RESOURCES:

Loans and Discounts..... -- .........$ 187,414.23

State of Ge01gia and Municipal

Bonds owned.......... ,., ........... .
u.s. Government Secuntres owned .. .

:?,000.00 l,OOO.CII

Other Stocks and Bonds owned. ____ .. G.OOO.OO

Banking House and Lot .............. . 14.700.00

Furniture al!d Ftxtures. ------ ........ . 2,250.00

Other Real Estate owned ............. . 7.350.00

cash in Vault and Amount clue from

approved Reserve Agents ...... .

220. 9!8 .45

Checks for Clearing and Due from

other Banks ....... -.-- .. -..

1,833.94

Cash Items..... --

None

overdrafts .

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

None

Advance on Cotton and other Com-

modities ...... ------

3,421.93

Customers Liability on Letters of

Credit and Acceptances....... .

None

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

None

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

None

TotaL......... . ....................$ 449,S5l.5fl

LIABILITIES:

Capital Stock

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

Capital Notes

Surplus Fnncl.

Undiviclocl Profits....... .

Reserve Fmtds _.. .

Due to Banks..

Dividends Unpaid

Cashier's Checks ..

Ccrtifiec! Checks .

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

Demand Deposits

.... .

Time Certificates of Deposits.. ___ _

Savings Deposits

.

Letters of Credit and Acceptances

executed for CustomNs ............. .

Bills Payable...

Notes and Bills Rediscounted ........ .

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

25,000.00 None
17,500.00 [),0011.00 3,027.21
None 2,000.00 l,Hi8.2l
2.00 3Hi,162.1ii
2,912.00 77,179.98
None None None None

TotaL ............... .

...$ 419,951.55

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE WOODBURY BANKING CO. Woodbury, Ga.

As called for by the Superintendent of Banks.

J. E. GRIMSLEY, President.
Date of Charter: 10-20-1891

S. P. WILBURN, Cashier.
Began Business: 9-1902

RESOURCES:

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

86,078.92
25,184.22 11,821.88 5,418.75
None 2,860.00 7,609.92
71,562.25
None 881.82 3.228.65
75,903.79
None None 445.31

TotaL ..................................$ 290,995.51

LIABILITIES:

Capital Stock ...........................$ Capital Notes_ ......................... . Surplus Fund ........................... Undivided Profits....................... . Reserve Funds .......................... Dne 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 None
7,000.00 4,525.42 4.100.00
None None 1,022.88 None 176,749.74 72,597.47 None
None None None None

TotaL-._ .......... ---- ... ___ --._.-- .....$ 290,995.51

114

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

WOODLAND BANK Woodland, Ga.

As called for by the Superintendent of Banks.

J. H. WOODALL, President.
Date of Charter: ll-18-1907
RESOURCES:

M. H. KING
Cashier. '
Began Business: ll-25-1907
=-
LIABILITIES:

Loans and Discounts~.~~~~-~.~~~.~.~.~-$ State of Georgia and Municipal
Bonds owned.~~~.~.~~~~~~~~-~-~.~~- ... U.S. Government Securities owned..~ Other Stocks and Bonds owned~~~~~-~ Banking House and Lot-.~~-~-~~------~ Furniture and Fixtures~~--~~~~~-~---- Other Real Estate owned~~----------- Cash in Vault and Amount due from
approved Reserve Agents............. Checks for Clearing and Due from
other Banks~----------------~--------Cash Items ....... ~-~~~------------------Overdrafts... ~- --~---- ....... ____ . __ .... Admvoadnicteieos.n___C_o__t_t_o_n___a_n__d___o_t_h_e__r__C__o_m_ _Customers Liability on Letters of PrCofrietdaint adnLdosAsc..c_e_p__ta__n_c_e__s_._._._._._._._._._._._._. ._ Other Resources~~----~---~-------------
TotaL~._~-._. ________ .-~.-~- _____ . ___ ...$

39,913.09 None
5,400.00 None
l '900 .00 500.00
4,677.09 36.726.97
None 139.33 None 6,607.65 None None None 95,864.13

Capital Stock-~-------------------------$ Capital Notes~~-~ .. ~~ .... ~ .. ~- ... ____ .. _
t~~~~~:du~~ofits::: : : : : : : : : : : : : : : : : : : : :
Reserve Funds~~---------~------------- Due to Banks------------------~------- DC ai vsihdieenr 'ds sCUhnepcaikds~.~.-. .-.-_-.-_-_-_-_-_-_-__-_-_-_-_-_-_-__. ._
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
l2,000.Ill) 1,399.79
None None 96.00 22.40 None 54,311,77 13,034.17 None
None None None None

- - - TotaL..... --- ....... -- .. ---.---- ... -.- ..$ 95,864.!3

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF WOODSTOCK Woodstock, Ga.

As called for by the Superintendent of Banks.

J. H. JOHNSTON, President.
Date of Charter: 10-10-1905

W. L. DuPREE Cashier.
Began Business: 11-13-1905

RESOURCES:

Loans and Discounts...................$ 24,663.96

State of Georgia and Municipal

Bonds owned .... -------------~~~~~---

None

U.S. Government Securities owned... 9,943.75

Other Stocks and Bonds owned~~-~-~

None

Banking House and Lot~-~~~~~~~~~~~~~~ 3,299.16

Furniture and FixturEs~~~~~-~----~~~~~

2,000.00

Other Real Estate owned~~--~~---~-~~ 9,283.75

Cash in Vault and Amount due from

approved Reserve Agents ... ~~~~--~-- 48,944.09

Checks for Clearing and Due from

other Banks~~~~~~~~~~~~--------------.

None

Cash Items............... ----------------

None

Ovrrdrafts.... ----------- .. --------------

None

Advance on Cotton and other Com-

modities .... ____ ---- .. -----~----------- 19,415.93

Customers Liability on Letters of

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

None

Profit and LOSS--------------------------

None

Other Resources------------------------- - -N-on-e

TotaL...... _______ .. __ -------- ..........$ 117,550.64

LIABILITIES:

Capital Stock_----------.. ------.-- ....$

Capital Notes.--------------------------

SUunrdpilvuisd

Fund~------------------~------
ed Profits..... __ . _________ ......

RDeuseertoveBFaunnkdss__.-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_--_

DCaivsihdieenr'dssCUhnecpkasid__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_

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 None
6,000.00 l ,331.36
None None None
9.50 None 76,758.81 8,450.97 None None None None None

TotaL....... ________________________ ...$ 117,550.64

NINETEENTH ANNUAL REPORT

115

STATEMENT Showing condition at the close of Business December 31, 1938, of the

BANK OF WRIGHTSVILLE Wrightsville, Ga.

As called for by the Superintendent of Banks.

R. L. KENT, President.
Date of Charter: 2-16-1897

H. T. JOHNSON, Cashier.
Began Business: 2-16-1897

RESOURCES:
Loans and Discounts___________________ $
State of Georgia and Municipal Bonds owned--------------------------
U.s. Government Securities owned... Othel Stocks and Bonds owned ______ _ Banking House and Lot _______________ _
OFuthrenritRmeealaEndstaFt1exotuwrnese.d-_-_-_-_-_-_-_-_-_-_-_-_-_--_ caasphprionvVedaRuletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ Checks for Clearing and Due from
other Banks--------------------------Cash Items ______ ------------------------Overdrafts.-----------------------------Advance on Cotton and other Com-
modities-- __ --------------------- _____ _ CuCsrteodmiterasn dLAi acbcielpi ttya n coens __L__e_t_t_e_r_s___o_ f_ Profit and Loss___________ --------------Other Resources---- ___________________ _

82.772.14
None 12.235.78 9,727.07 2,000.00
500.00 None
89,998.17
10,252.76 None 374.08
27.116.07
None None None

TotaL---------------------------- _______$ 234,976.07

LIABILITIES:

Capital Capital

Stock _______________-__-_-__-_-__-__-_-_-$ Notes.------------ _____________ _

-

------25,000.00
None

Surplus Fund--------------------------URensdeirvviedeFduPndrosf_i_ts________________________-_-_-_-_-_-_-_-_-_-_--_ Due to Banks. __________________________ _

17,984.42 5,504.46 5.500.00
None

Dividends Unpaid----------------------

None

Cashier's Checks____ --------------------

129.42

Certified Checks------------------------

None

TDiemmeaCnderDtiefiPcoasteitsSo-f--D--e-p--o-s-i-t-s--__-_-_-_-_-_-_-_--_ Savings Deposits_______________________ _

148,699.17 32,158.60
None

Letters of Credit and Acceptances

executed for Customers.----------- __ Bills Payable. _________________ ------- __ _

None None

NOothteesr aLnidabBiliiltliseRs.e.d__i_s_c_o__u_n__t_e_d_-_-_-_-__-_-_-_--_

None None

TotaL. _____________ ----- ___ ---- _________$ 234,976.07

STATEMENT Showing condition at the close of Business December 31, 1938, of the

EXCHANGE BANK OF WRIGHTSVILLE Wrightsville, Ga.

As called for by the Superintendent of Banks.

P. B. BEDINGFIELD,

E. E. DALEY,

President. Date of Charter: 12-20-1909

Cashier. Began Business: 12-20-1909

RESOURCES:

Loans and Discounts___________________$ 140,869.38

StBaotendsofowGneedo.r.g__ia____a_n__d____M__u__n_i_c_i_p__a_l

None

U. S. Government Securities owned__ _ 6,175.00

Other Stocks and Bonds owned ______ _ 8,421.57

BFuanrnkiitnugreHaonudseFaixntduLreost_._-_-_-_-_-_-_-_-_-_-_-_-_-_-_

3,200.00 300.00

Other Real Estate owned--------------

None

CaasphprionvVedauRletsearnvde AAgmeonutsn_t__d_u__e__f_r_o__m_ 32,127.45

Checks for Clearing and Due from

CaosthheItreBmasn_k__s_-_-_-__-_-_-_-----------------------------------------

842.20 426.25

Overdrafts.. ____________ -_---------------

91.56

Advance on Cotton and other Com-

modities ______________ ----------------- 4,160.25

CuCsrteodmiterasndLAiacbcielpittyancoens__L__e_t_t_e_r_s___o_ f_

None

Profit and Loss--------------------------

None

Other Resources----------_-------------

None

TotaL ___________ ----------- ___________ ..$ 196.613.66

LIABILITIES:

Capital Stock ___________________________$ 35,000.00

Capital Notes.--------------------------

None

Surplus Fund--------------------------- 15,000.00

Undivided :?rofits ___ -------------------- 9,574.73

RDeuseetroveBFaunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_--_

328.40 None

Dividends Unpaid----------------------

None

CC earsthi fi ei erd' s CChheecckkss_______________-_-_-_-_-_____-_-_-_- -------- -- --

601.38 None

DTiemmeaCnderDtiefipcoastietsSo--f-D--e--p-o-s-i-t-s-_-_-_-_-_-_-_-_-_--_

109,963.26 26,145.89

Savings Deposits ______ ------ ___ ---------

None

Letters of Credit and Acceptances

executed for Customers--------------

None

Bills Payable _______ ----- __ --------------

None

Notes and Bills Rediscounted---------

None

Other LiabilitieS------ _________ ---------

None

TotaL. _______________________________ ...$ 196.613.66

116

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 31, 1938, of the

THE BANK OF ZEBULON Zebulon, Ga.

As called for by the Superintendent of Banks.

0. R. GWYN, President.
Date of Charter: 3-18-1905

J. J. EDWARDS Cashier. '
Began Business: 1-31-1905

RESOURCES:

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

-----------

Loans and Discounts_.______

_____ $ 172.838.70

State of Georgia and Municipal

Bonds owned... __ -----

___ -- UR4.77

U.S. Government Securities owned __ _ 11,000.00

Other Stocks and Bonds owned_

None

Banking House and Lot __ _

3,360.00

Furniture and Fixtures. ___________ _

2,390.00

Other Real Estate owned.

_____ _ 1,1R7 .34

Cash in Vault and Amount clue from

approved Reserve Agents

78,156.56

Checks for Clearing and Duo from other Banks ______ _

None

Cash Items ____ _ Overdrafts__

_____________ _

924.35 176 .89

Admvoadnicteieso_n___C_o__t_t_o_n___a_n__d___o_t_h_er--C-om- 16,726.-10

Customers Liability on Letters of

Credit and Acceptances ____ _ Profit and Loss__ _______________ _ Other Resources ______________ _

None None None

TotaL_

------------ . -.--- ___ $ 291.245.01

LIABILITIES:

Capital Stock. -------------------- ----S Capital Notes -----------Snrplus Fund Undivided Profits __ Reserve Funds ___ _ Due to Banks ____ _ DCaivsihdieenr'dssCUhencpkasi.d. ___-_-_-_-_-_-_-_-_-_-_-_--_-Certified Checks _______________ _ Demand Deposits_ TSaimviengCseDrteifpicoastietss_o__f_D__e__p_o__s_i_ts____________ _
Letters of Credit and Acceptances executed for Customers -------------
BillsPa:mble _____ --------------Notes and Bills Rediscounted ______ _ Other Liabilities ________________ - ______ _

25.000:00 Nnne
5,000.00 7,-!:)9.33 1, 708.16
None None i32.94 None 1!0,677 .96 27.611.50 83,355.12
None None None None

- - - TotaL ______________________ -------- ---.$ 291,245.01