Twentieth annual report, 1939

STATE OF GEORGIA
DEPARTMENT OF BANKING
Created by Act Approved August 16, 1919
TWENTIETH ANNUAL REPORT
YEAR ENDING DECEMBER 31, 1989
DEPARTMENT ESTABLISHED An act to ueate tlw Department of Banking of the State of Georgi<!, to provide for the incorporation and regulation of B<tnk,; and penalties for violations of the L~1 w. defining duties of the Superintendent of Banks, and fm other purpo~p,;, was enacted by the Legislatme in 1H19, approv<'d b~ the Governor Augu,;t H1, 19Hl, and effective January 1, 1920. This Act has been anwndcd fl'Om time to time. through the last session of the General AssPmbly in 19:!7, all of which amendments a1e contained in thP Banking Act published by the Depa1tnwnt of Banking.
H. E. GORMLEY. Supe1intendent of Bank~

T\\'ENTIETH ANNUAL REPORT

III

DEPARTMENT OF BANKING, STATE OF GEORGIA
ATLANTA

December 31, 1939.

To the Honorable E. D. Rivers, Governor, State of Georgia, Atlanta, Ga.

Dear Sir:

As required in Sections 15 and 16 of Article 2 of the Banking Law, I have the honor to submit herewith, this, the 20th annual report of the Department of Banking for the year ending December 31, 1939.

This report consists of the following exhibits: l. Exhibit "A", Official Roster of the Department of Banking.
2. Exhibit "B", a statement of the receipts and disbursements of the Department for the year 1939.

3.

Exhibits IJC//,

"D", ,,E", IIF"I

G 11

1

'

covering miscellaneous

1

applications relative to charter amendments, charter renew-

als, etc.

4. Exhibit "H", a list of banks in voluntary liquidation.

5. Exhibit 'T', a list of branch banks now in operation.

6. Exhibit "J", a condensed statement showing the disposi-
tion of banks during the year 1939.

7. Exhibit "K", a list of banks that are members of the Federal Reserve System.

IV

DEPARTMENT OF BANKING

8. Exhibit "L", a list of Small Loan Companies under the supervision of the Superintendent of Banks during the year 1939 and Exhibit "M", a list of Credit Unions as of December 31, 1939:

9. Exhibit "N", abstract of reports showing condition of 233 banks and 8 branches as of December 30, 1939, with a comparative statement of 231 banks and 8 branches as of December 31, 1938.

In addition to the information as reflected in the exhibits referred to above, the report contains the detailed published statement of each bank as of December 30, 1939. This statement gives an itemized report of the assets and liabilities of the bank, the date the bank was chartered, the date it began business, and the name of the President and Cashier.

Respectfully submitted,

R. E. GORMLEY, Superintendent of Banks.

------------------TWENTIETH ANNUAL REPORT - - -- --- -

V Exhibit "A"

DEPARTMENT OF BANKING, STATE OF GEORGIA

OFFICIAL ROSTER

December 31, 1939

R. E. GORMLEY Superintendent of Banks
C. B. GOLSAK Assistant Superintendent of Banks

EXAMINERS
Name and Add1ess R. G. Fleetwood, Stateslxlro Richard Forrester, Cordele__ 0. G. Jackson, Atlanta ___ _ W. D. Lloyd, Tallapoosa

Salary -- ------ $200.00
200.00 200.00 200.00

OFFICE ASSISTANTS Name and Position Mrs. Evelyn Ellis, Secreta1y Miss Louise Perkerson, Sec1etary
Theodore Marshall, Porter

Salary $130.00
125.00
- $ 45.00

VI

DEPARTMEl\T OF BANKING

Exhibit "B".

DEPAHTMENT OF BANI\JNG, STATE OF GEOHGL\

Heceipts and Disbursements, 1939
RECEIPTS
Balance January 1, 1939 Examination Fees Small Loan Fees _ Miscellaneous Income

$ 2,548.09 :l5,583.75 700.00 1,878.09

$ 40,70-1.93

DISBURSEMENTS Superintendent's Salary Assistant Superintendent's Salary Traveling- Expenses, Superintendent_ Traveling- Expenses, Assistant Superintendent Office Assistants' Salaries _ Examiners' Salaries Examiners' Expenses, Traveling-_ P1inting and Stationery _ Miscellaneous Office Expense
Balance December 31, '1989

$ 6,000.00 3,600.00 660.50 880.55 4,483.77 9,000.00 9,222.95 757.30 2,590.41
$ 37,095.4R
$ 3,609.45

TWENTIETH ANNUAL REPORT

VII

Exhibit "C" APPLICATIO~S FOR RENEWAL OF CHARTERS APPROVED

NAME OF BAi\K

LOCATIO~ I DATE OF CH-ARTER I APPROVED-

The Home Savings Bank

_ Columbus _ I

1

Fannets and Merchants Bank _ 1 Chipley

Haralson County Bank _

1 Buchanan

The Georg-ia State Savings

i

Association of Savannah

Savannah

1

The Farmers Bank The Bank of Tig-nall_

1

Blythe Tignall

-

j

The Bank of Gray

Gray __ ---- -- I

Perry Loan and Savings Bank_ The Bank of Columbia Count\'{ The Peoples Bank_ Bank of Manchestet _ Exchange Bank of \Ytightsville The Fmmers Bank_
The Farmers Bank

Peny __ Harlem_ CaJTol!ton Manehester Wrightsville Locust Gl'Ove _
Forsyth

12-26-1888 3-22-1909 3- 3-1909
7-29-1909 8-28-1909 7- 5-1909 8-23-1909 8-20-1889 11-29-1909 11-10-1909 1-28-1910 12-20-1909 1- 3-1910 :~- 9-1910

I 1-12-1939 1-17-1939 2-14-1939
5- 6-1939 5- 6-1939 5-31-1939 6-21-1939 6-21-1989 7- 5-1939
8-18-19:~9
8-18-J9:l9 8-18-1939 11-24-1939 12-16-1939

APPLICATIO~ FOR CHARTER DISAPPROVED

Exhibit "D"

NAME OF BANK

LOCATION

Bank of E1arly _ Hartsfield Bank

- - - - - B-la_k_e-ly_____ ------------~ -[ Atlanta

DISAPPROVED
1- 5-1939 5- 6-1939

Exhibit "E"

APPLICATION FOR CHARTER APPROVED

NAME OF BANK Alma Exchange Bank

I
LOCATIONI-~pp~-~VED -~~EGAN BUSINESS

Alma_

I

J

9-15-1939

l 0-14-19:l9

VIII

DEPARTMENT OF BANKING

Exhibit "F

PERMITS TO BEGIN BUSINESS ISSUED

NAME OF BANK
First State Bank in Co1dele . Alma Exchange Bank _

-----

LOCATION

BEGAN BUSINESS

1

--------------~! ---------~- ----

Co1dele Alma - _

1- 3-1939 10-14-1939
- - - ----~~-~--

Exhibit "G" MISCELLANEOUS AMENDMENTS TO CHAUTEH IHSAPPUOVED

NAME OF BANK

LOCATION

, NATURE OF 1 i AMENDMENT [ DISAPPROVED

-------- - .. - - - ---~------ Ch~~;~-N--;~;;~ci!---

Bank of Siloam

1 Siloam--

i Location of Office ' 2-1 0-19:)9

----

TWENTIETH ANNUAL REPORT
BANKS IN VOLUNTARY LIQUIDATION December 31, 1939

IX Exhibit "H"

NAME OF BANK

LOCATION

DATE

Bank of Sale City__

Sale City___

Bank of Willacoochee

Willacoochee_

Fanners Banking Company _

Covington __

Farmers Bank __ ------- ___________________ . ______ Videtfe _

Bank of Bostwick__

Bostwick_

Farmers & Merchants Bank_

Grantville _

Union Banking Company__

1 Monroe_

Dacula Ban Sharpsburg

kBinagnkCinogmCpomapn-~y-;;-;;::---------------~

Dacula _ Sharpsburg

Bank of Boston_

1 Boston_

Bank of Buckhead _

1 Buckhead

Bank of Lincolnton

Lincolnton

Bank of Stephens

Stephens

Council Bank

' Ellaville_

Pittard Banking Company

Winte1ville

Bank of Taliaferro_

Crawfordville

Atlanta Trust Company

Atlanta_

Bank of Helen

Helen

Bank of Cave Spring

Cave Spring

Houston Banking Co. _

Penv

Farmers & Merchants Bank_

Kite'

Me1chants T1ust Company

Valdosta_

Atlanta Savings Bank_

Atlanta

South Georgia Trust Company

Albany

People's Bank ___ _____ ___ ____________ ____

Glennville_

Bank of Statham__

Statham

Walker County Bank

LaFayette

Bank of Brooklet

___ _ _________

Brooklet

\Vhitesburg Banking Company__

Whitesburg_

Loganville Banking Company__

Loganville

Newnan Bank and Trust Company

Newnan_

Citizens Bank

' Brins,Dn

Bank of Forsyth _

Forsvth _

Citizens Bank

Claxton

Clermont Banking Co._

Clermont_

Decatur County Bank_

Bainbridge

Rhine Banking Co. __

Rhine

Tobacco Belt Trust Co.

Lakeland_

Bainbridge State Bank

Bainbridge _

Ashley T1ust Co. _

Valdosta _

Continental Trust Co.

Atlanta

Bank of Hoschton_

Hoschton_

The Merchants and Mechanics Banking

and Loan Co.

Atlanta

Bank of Meansville

Meansville _

Citizens Bank

Tallapoosa

Exchange Bank _

Sycamore_

Bank of Eton

__ ___ __

Eton

Bank of Camden County_

St. Marys

Janua1y 22, 1924. May 18, 1925. April 6, 1925. June 28, 1926. December 2, 1926. December 9, 1926. February 12, 1927. February 15, 1927. November 12, 1927. December 31, 1D27. July 14, 1927. F'ebruary 10, 1928. September 11, 1928 Pending. Pending. Septembe1 4, 1~l29. December 11, 1929. June 2, 1930. December 12, 19:30. December 12, 1930. January 26, 1931. January :30, 1931. October 13, 1931. Decembc1 11, 1931. December 24, 1931. December 31, 19:31. Janua1y 1, 1932. Janua1y 1, 1932. February 2, 19:32. April 28, 1932. May 11, 1932. December 31, 19:!2. Januai'Y 2, 19:-!3. Decembe1 4, 1934. February 26, 1934. October 29, 1934. December 21, 19:34. November 6, 19:35. November 6, 1935. November 14, 1935. December 12, 1935. April 19, 1936.
December 7, 1936. January 3, 1938. March 14, 1938. MaPch 16, 1988. October 11. 1938. December 27, 1D:l8.

X

DEPARTMENT OF BANKING

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

Exhibit "I"

BRANCH BANKS AS OF DECEMBER iH, 1939

NAME OF BRANCH

I I LOCATION NAME OF PARENT LOCATION

Georgia Railroad Bk. & Trust

Co., 1111 Broad St._______________ Augusta __ Georgia Railroad Bank &

Trust Co. _

Augusta

Columbus Bank & Trust Co., 14th Street______ _________________ Columbus __ Columbus Bank & Trust

Co. __

Columbus

Columbus Bank & Trust Co.,

North Highland _____

Columbus_ Columbus Bank & Trust

Co.

Columbus

Columbus Bank & Trust Co.,

Rankin House_

Columbus_ Corumbus Bank & Trust

Cornelia Bank__

Co. Demorest ___ Cornelia Bank _____ _

Columbus Cornelia

Greenville Banking Co.________ Gay ____________ Greenville Banking Co._ Greenville

Brunswick Bank & Trust Co.____ Jesup__ _ Bluns.wick Bank & Trust Brunswick

Citizens Bank__

Co. Nahunta_ Citizens Bank ___

Folkston

Exhibit "J"

DISPOSITION OF BANKS IN GEORGIA

DURING YEAR 1939

Banks in Operation January 1, 1939________

Banks in Operation December 31, 1939_____

New Banks __

****

Banks 231 233
2

Branches 8 8

First State Bank in Cordele, Cordele Alma Exchange Bank, Alma

Increase

2

TWENTIETH ANNUAL REPORT

XI Exhibit 'K"

STATE HAXK MEMBERS OF FEDERAL RESERVE SYSTEM

Bank of Adai1sville .. Trust Company of Georgia Georgia Railroad Bank & Trust Go... Citizens Bank and Tl'Ust Co... The Blackshear Bank . BlUnswick Bank and Trust Co. Bank of Canton_ Columbus Bank and Trust Co. _____ _ Merchants & Mechanics Bank . Northeastern Banking Co .._ Brand 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____ _ Centra.! Bank._____________
The Bank of Tifton

.. Adai1sville ._Atlanta ___ Augusta
Bainbridge Blackshear Bnmswick
Canton Columbus __ Columbus Commerce Lawrenceville Lincolnton
Millen Monroe Pelham ___ Savannah ___ S a v a n n a h ____ S o p e r t o n
Swainsboro Tifton

XII

DEPARTMENT OF BANKING

Exhibit "L"

SMALL LOAN COMPANIES UNDER THE SUPERVISIO~ OF THE SUPERIN'TENDENT OF RANKS DURING 1939

NAME OF COMPA?\Y T. C. Adams. Family Finance Company Georgia Finance, Inc. Industrial Finance Corp. Master Loan Service, Inc. A. J. Wood Georgia Moto1 Finance Company

Location Atlanta Atlanta Atlanta Atlanta Atlanta Brunswick Macon

Date License Issued 1- 9-39
1- 3-39
1- :l-39 1- 3-39 1- :l-39
1-12-39
1- 3-39

TWENTIETH ANNUAL REPORT

XIII

Exhibit "M"

CREDIT UXIOXS AS OF DECEMBER 31, 1939

NAME

Albany Federal Employees' Credit Union _

The Herald Credit Union _ __ _ _____

Hodges Credit Union

Keenan Credit Union_ Seely Employees' Credit Union _______________________________________

Athens Division Credit Union_

Athens Firemen's Credit Union__

Athens Postal Credit Union __ __

A. B. & A. Railway Credit Union_

The Acco Credit Union

_____ _______

J. P. Allen Employees' Credit Union

Apaco Credit Union__ _ ___

Armour Atlanta Credit Union

Armour Fertilizer \Vorks Credit Union

Arrow Credit Union_

Atlanta City Employees' Credit Union_

Atlanta Co-Operative C1edit Association

Atlanta Firemen's Credit Union ____

Atlanta Journal Employees' Credit Union __________________________

Atlanta Lodge No. 1 (I. A. & M.) Credit Union_

Atlanta Plumbers' Credit Union

Atlanta Postal Credit Union_

Atlanta Railway Postal Cle1ks' Credit Union _

Atlanta Savings Stores' Credit Union

Atlanta Teachers' Association Credit Union_

Atlanta Telco Credit Union

Atlanta Terminal Employes' C1edit l'nion

Atlantic Steel C1edit l'nion

B. A. E. Credit Union_

Beck & Gregg Hardware Employees' Credit Union_

Ben Franklin Credit Union_

Circle "~'" Credit Union _

Dortch Bakery Credit Union

EsseU Credit Union_

The Federal Employees' Credit Union __

Fulton Teachers' Credit Union__ _

General Shoe Credit Association

Genuine Parts Credit Union_

Georgia League Credit Union_

Geoq!,'ia Standard Oil Employees' Credit Union

Ga.-W. P. General Office Credit Union __

Geo1gian-American C1edit Union __

J. M. Hanison Employees' Credit Union

The Harry Sommers Credit Union_

Hartford Credit Union _

_ ____

_

Kraft-Phenix Employees of Atlanta Credit Union __

L. & R. Employees' Credit Union

Merchants Mutual Credit Corporation_

Metro C1edit Union _

Mutual Savings Credit Union_

The Pullman Shop Employees' Credit Union

R. E. A. Employees' Credit Union_

Regenstein Employees' Credit Union_

Rich's Employees' Credit l:nion_

Rogers Credit llnion _

S. M. C. R. C. C1edit Union

Seaboard Employees' Credit Union_

Southern Freight Tariff Bureau Credit Union

Southern Spl'ing: Bed Credit llnion

__ ___ _ __

Location

Albany

Albanv

Albany

_ Albany

Albany

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

Atlanta

Atlanta

Atlanta

__Atlanta

_Atlanta

Atlanta

_Atlanta

__ Atlanta

Atlanta _____ Atlanta

____

Atlanta

Atlanta

__Atlanta

_Atlanta

_Atlanta

___ Atlanta

Atlanta

_ Atlanta

Atlanta ______ Atlanta

____ ___ Atlanta

_ Atlanta

Atlanta

Atlanta

XIV

DEPARTMENT OF BANKING

NAME

Swift Atlanta Employees' Credit Union ..

The Thrift Credit Union

Underwriters' Credit Union___

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

United Automobile Workers of Atlanta Credit Union_

University Center Credit Union ____ _

vVesten1 & Atlantic Credit Union ________

vVesten1 New.spaper Employees' Credit Union_

White Provision Employees' Credit Union_

vVofford Credit Union_

_________ _

.T. Will Yon Hotel Employees' Credit Union_

Augusta Federal Employees' Credit Union

Augusta Fire Depal'tment C1edit Union _

Augusta Police De,partment Credit Union ___ _

Georgia Railroad Credit Union ..

King Mill Credit Union _

Richmond County Teachers' Credit Union__ _

Bibb Thrift Club Credit Union_

Columbus Postal Employees' Credit Union

DeKalb County Te,achers' Credit Union_

Federal Employees' Credit Union

Hapgrade Credit Union

Union Credit Union_

The Citizens Credit Union_

Swift Moultrie Employees' Ctedit Union_

Sumter County Teachers' Credit Union_

Floyd County Postal Employees' Credit Union_

Central Employees' Credit Union_

Chatham County Teachers' Association Credit Union_

Savannah & Atlanta Railway Employees' Credit Union

Savannah Electric & Powet Employees' Credit Union

Savannah Fe-deral Credit Union_

Savannah Telco Credit Union_

Seaboard Employees' Ctedit Union___ _

Trainmen's Credit Union_

Silvertown Credit Union __

Tift County Postal Employees' Credit Union

Postal Credit Union_

Credit Unions Approved for Voluntary Liquidation: Alma Exchange Credit Union, Alma. Macon Telephone Credit Union, Macon.

Sunender of Charter: Mutual Benefit Ctedit Union, Atlanta.

Location
Atlanta Atlanta Atlanta .Atlanta Atlanta Atlanta -- Atlanta Atlanta - --- - Atlanta ---- Atlanta Augusta Augusta Augusta _Augus-ta Augusta Augusta Bibb City Columbus Decatur - Macon -- -Macon - _ Macon Morven -_Moultrie
Plains Rome Savannah Savannah Savannah Savannah Savannah Savannah Savannah Savannah Thomaston Tifton Valdosta

TWENTIETH ANNUAL REPORT

XV

Exhibit "N"

ABSTRACT OF REPORTS OF COKDITION OF STATE BANKS IN GEORGIA AS OF DECEMBER 30, 1939
(With Comparative Statement as of December 31, 1938)

RESOURCES

23;l Banks- and 8 Branches as of
Dec. 30, 1939

Loans and Discounts _________________________________________________ $ 83,018,627.42

State of Georgia and Municipal Bonds Owned
u. S. Government Securities Owned ____

5,085,952.81 17,371,495.43

Other Stocks and Bonds Owned_____________

7,053,852.93

Banking House and Lot _______________ _

4,588,170.93

Furniture and Fixtures__

Other Real Estate______ ____ ________ ______

_____

597,474.40 4,335,432.31

Cash in Vault and Amounts due from Approved

Reserve Agents _

_____________________________________ _

59,852,705.1:l

Checks for Clearing and Due from Other Banks

Cash Items

__ _______ __ _____ ___ _ ___ ___ ______ _ _

12,012,879.90 383,977.06

Overdrafts -- ---

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

76,397.37

Advance on Cotton and Other Commodities

1 ,621,~70.29

Customer's Liability on Letters of Credit and Acceptances _____________

57,962.02

Other Resources

555,408.54

Total

$196,611,706.54

231 Banks and 8 Branches as of Dec. 31, 1938
$ 75,528,807.02 4,695,512.07 14,376,338.54 7,745,818.53 4,309,087.33 540,592.49 4, 726,092.54
54,105,876.68 3,210,652.03 113,424.11 54,550.27 3,980,343.18
85,115.17 824,057.76
$174,293,267.72

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 _________________________

Lette1s of Credit and Acceptances Executed for Customers ________________________________________________ _

Bills Payable ______ _____ _ _______________ _

Notes and Bills Rediscounted____________________

Other Liabilities __ _ ____

$ 14,046,000.00 1,645,300.00 9,291,946.42 3,741,374.75 1,958,962.06
16,805,217.57 223,237.37 681,059.40 49,510.42
94,551,508.35 12,834,123.86 39,147,701.36
57,962.02 232,449.51
95,500.00 1,249,853.45

TotaL

$196,611,706.54

$ 13,957,000.00 1,878,100.00 8,824,190.81 3,209,797.71 1,570,746.75
12,461,717.67 206,267.99 950.108.66 140,533.09
82,596,496.83 11 '788,697.96 35,347,611.68
81,402.28 285,056.02
23,500.00 972,040.27
$174,293,267.72

TWENTIETH ANNUAL REPORT

1

STATEMENT Showing condition at the close of Business December 30, 1939, of the

BANK OF ACWORTH Acworth, Ga.

As called for hy the Superintendent of Banks.

A. J. DURHAM,

J. H. HARRISON,

President.

Cashier.

Date of Charter: 10-31-1905

Began Business: 12-19-1905

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

l\F.SOL'HC~;s:
1 :- and Discounts ______________ $
01111
Statt" of Georgia and .:\lunicipal Bonds owned -------------------
r. ~. Con:rnmt'nt f.o;ecuritil'~ owned __

;; '1-:lh.:!l~ 10.\>00.00

LL\BILITIES: Capital ~Hock _____________________ $ Capital Notl-.; ____________________ _ Surplus Fund ___________________ _
rndntded Profth ___________ _

Other ~tocl.;:s and Bonds owned __ _

Xonf'

Heserve Funds ___ -----------------

Hanking House and J.ot ------ .. ---

2.000.00

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

Furniture and l..,ixtlil'l'S ------------

1 .tH-i:1.!HI

lliridends Cnpaid __ ---------------

Ot1H'I Real E~L1te U\\ned _____ _

:;,:~1}8,,')0

Cashier's ('berks __ ----------------

rash in Vault and Amount duc t'rom

('prtified Checks ------------------

apprond Resern .-\p;pntc-; ________ _

7:-~.oo:.::.~~

Demand Ocpusih ----------------- __ _

('het'k:-> for t'haring and dlli.~ t'rnm

Time CPrtificate-.; of Hl'posits _______ _

otlar Ballks --------------------

!l2.fi~

SaYings Heposits ---------------- __

('ash lttm-.: ------ -----------Onrdra fts --------- .. --------------.\chall<'t:' IJil Cotton and otlltr ('om-
modities ---------------------- ___ _ Customer~ I~iahi1ity on Letters of

Xolll' :i71.7!
X out>

l . ettl"rs of Cn1lit and ~\lceptan<'l':'. l'XP{'ttfl'd for ( 'ustnmers _________ _
Bills Payahll ____________________ _
Xot('s and Bills Hldiscountecl _____ _ Other l . iahilitii:'s _________________ _

Credit and AlTeptances _________ _

Xoue

Profit and Lo~s ______ ------------ _

X one

Otlll'r HesoutTes ____ ---------------

X one

25.000.00 !\one
5,000.00 6,108.19
466.24 Xonr
1.2:i0.00 1:1G. 7:1 X one
HR,%7.7-1 49,:.!13.2K
~Ollt'
X one X one Xmw X one

Total

17fi.l H.l~

Tntal ------------ --------------- _____ $ 176,1H.l~

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

STATEMENT

Showing condition at the close of Business Decemb<>r 30, 1939, of the

S. LEMON BANKING CO. Acworth, Ga.

As called for by the Superintendent of Ranks.

L. .:\1. AWTREY, President.
Date of Charter: 12-18-1906

0. D. KEMP, Cashier.
Began Business: 1-1-1906

ur.sotr:cEs: Loan:-: and lHs<'ounts ______________ $

l-ltate of Georgi-a and :\Junkipal

r

.

HotJd:-; owned -----------S. (;overnment Securities

-------owned ___

Othlr Stocks and Ronds owned ___ _ Banking- House and Lot ___________ _

Furniture and Fixtures____________ _

Other Heal Estatt> o\\ned ___________ _

Cash in Vault and Amount due from at~vrovell Reserve Agents ________ _

Check" for Clearinl-{ and due from otlH:r Hanks ___________________ _

Cash Items -----------------------Onrdrafb ------------------------.\dvanrP on Cotton and other Com-
moditie:-- ------------------------('ustomers' I...iahility on Letters of
Credit and Arcevta!lef's __________ _ Profit and I..oss ___________________ _
Othn He-sources __________________ _

Total -----------------------------$

77.S~Il.30
7,011.1~
X one Xone
~.:>00.00 ~.HJ;J.OO
!l,7R9.7;J
--l~.:~.i2.2X
X one
XOll('
1U.91
X one
X one :XOIH' X one
J.ll.H2:J.:Hi

LL\BILITIEO:l: (',a pi tal Rtork --------------------- .$ Capital Xntes --------------------Sttrplus Fund ____________________ _
l~ndividecl Profits ----------------Hrsrrve Funds ----------------- __ Due to Bank:-; -------------------- _ Dividends rnvaid ------------------Cashier's Chet'ks ------------------Certificll Clwtks ---------------])pmand J)eposits ---------------Time Certificates of Deposits _____ _
Savings Dl'}losits -----------------J.. ettPrs of Credit and .Actt-ptatH'es
executed for Customers __________ .
Rills Payable ---------------------Xotes and Bills Hedisconnted _____ _ Other Liabilities ------------- ____ _

~0.000.00
13,000.00 Xonr
4,769.59 X one X one None 316.ol
~one
:>9,827.4!)
~4.22:3.29
17,687.01
X one X one X one XonP

Total ----------------------- ---- .$ lll.S2:l.:lt>

2

DEPARTMENT OF BANKI~G

STATEMENT

Showing condition at the close of Business December 30, 1939, 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

ItESOl:RCES: J~oans and Dis('ounts _______________ $
~tate of Gt>orgia and :\Iunicipa1 Bonds owned -------------------
1'. S. Government Stcurities owned __ Other Storks and Bonds owned ___ _ Banking- H{)Use and Lot_ __________ _ Furniture and Fixtures ___________ _ Other Real Estate owne<L _________ _ Cash in Vault and Amount due from
approved Reserve Agents ________ _ ('lH(_ks for Clearing an(l due from
other Banks -------------------Cash Items ----------------------Overdrafts ---------------- ________ _ Advanc'~ on Cotton and other Com-
modities -------------------- ____ _ Customers' Liability on J~etter~ of
Credit and Aetept:uwes ~-------- Profit and Loss---------------~--Other Resources __________________ _
Total ------------ -~ --------------- '~

7 4,:lO:J.3G
4,000.00
Xone
900.00 2,500.00 1.000.00
~0111'
107.:J20.5R
210.:1~ :\Olll'
:\one
X one
~one ~one
X one
190,234.53

LL\BILITIES : Capital Stock ______________________ $

Capital ~otes -------------------~ ~urvlus Fund ---------------------

"Cndivided Profit~ -----------------

Heser Hue

vtoe

Funds Ranks

--------------------___________________ _

Dividends rnpaid -~-------------Cashier~ ('heeks ___ --------------
Certified ('lweks -----------------Demand Deposits ----------------Time Certificates of Deposits _____ _

Savin~~ Df'posits -----------------Lettlrs of Credit and Acctptances
exeeuted for Customers __________ _

Bills Payable --------------------~otes and Bills Hediseounted _____ _ Other Liabilities ------~-----------

25,ooo.o0 X one
10,000.00 1,325.33 None :\lone 196.00 116.55 X one
129,053.87 5,669.81
1~.872.97
X one X one X one X one

Total ----------- __________________ $ 190.234.3:!

STATEMENT Sho~ing condition at the close of Busine's December 30, 1939, of
THE BRYAN BANK Adel, Ga.

As called for by the Superintendent of Bank".

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

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

RESOURCES: Loam.; and Discounts _____________ $

State of Georgia and ::\lunieipal

r

.BoSn. dGs oovwernnemd

-ent

---------SeeuritieH

-------owned __

Other Stocks and Bonds owned __ _

Banking House and Lot __________ _

Furniture and Fixtures -----------Other Real Estate owned _________ _

Cash in Vault and Amount due from

anp1oved Reserve Agents -------Che('ks for Clearing and due from

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

Cash Items -----------------------Overdrafts ---------------- ________ _

Advance on Cotton and other Commodities ----------~-------------
Cu:-;tomers' I~iabillty on Letters of Credit <a.nd Acceptances ________ _

Profit and Loss ------------------Other Resources -------------------

Total _____________________________ $

3!,310.18
2,200.00 22,500.00
None 1,620.00
450.00
~one
2:12,089.82
6H.3S 74.84
~one
X one
~one ~one
X one
314,089.22

LIABILITU;s : Capital Stock _____________________ $
Capital Xotes -------------------Hurplus Fund --------------------rnctividcd Profits -----------------Reserve Funds --~---------------- Due to Banks ---------------------Dividends l:npaid -----------------('ashier's Checks -----------------Certified Checks -----------------Demand Deposits _________________ _
Time Certificates of Deposits______ _
Savings Dt:>posits -----------------Letters of Credit and Acceptances
exeeuted for Customers___________
Bills Payable --------------------~otes and Rills Rediscounted _____ _
Other Liabilities ------------------

25,000.00 Xone
5,000.00 7,617.39
573.70 None
2,000.00 1,632.30
:Sone 228,557.7:{
43,688.10
~one
NOll{' ~one ~one
None

Total _____________________________$ 314,089.22

----

TWENTIETH ANNUAL REPORT

"._,

STATEMENT

Showing condition at the close of Bu,ine~ Deet'mlwr 30. 1939, of tht

MONTGOMERY COUNTY BANK Ailey, Ga.

As called for by the Superintt'ndent of Hunk~.

W. J. PETERSON, President.
Date of Charter: 2-24-26

MISS MARY Sl\IITH, Cashier.
Began Business: :3-1-2G

R~;sorR('EH:
J,oans and Di~rounts ---.--=----------$ :-;tate of Georg1a and :\luu1c1pal Boncl.-;
owned ---------------------------
{". s. GovernmPnt :Seeuritlt':-; ownt.'d __
Other Stocks and Bnnds O\\'lletL __ _ Han king House ,and Lot __________ _ Furniture and Fixture:-; ___________ _
Other Real Estate ov.:lll'd rash in Vault antl ..Amount dilL' from
approved Heserre Agents ________ _
j'hetk:-: for Clearing ami dilL' from
other Bank:-; -------------------('ash Items ---------------Overdrafts ------------------------.\drance on Cotton and other Com-
modities -------------- ~ --------ru::~tomers' Liahility on Letters of
Credit ,and A('L't:IJtanC'(':-. ________ _
Profit and Loss ------------------Other Hcsources ______ _

Total

---*

"XOJll'
:1,:!:-iO.OO X one Xont 1.00
::.ooo.on
.i!l.i500.:W
Xo1w XonL
::;.s 1
~one XOlll' 1~0.00

Capital StoC'k

LL\HIT.JT!Ef;: ___________ ~--

Capital ~otes ____

______________ _

~urplus Fund __________ ----~--~--l"ndividcd Profits __________________ _
B.esene Funds ______ ____________ _
Vue to Banks _________ . __________ _

l)ividends l"npaid

Cnshier's Checks __

_ __ ----~--

Certified ('Juck~ _________________ _

Htmand lh_po::dts _____ ~---------Time Ctrtifiratt-'s of Ill'pnsits ~a \ings Deposit;-;
Lt>tters of <'rLdit 1nd .\('CPptancts L'Xteuted for ('ustomLr-; __________ _
~~~i~s ~:~~~tt~l;lls Hcdisl'(~\;t~t-L:tl _______

Other l . iahilitks

I :i,OOII.IIII :-.:ont
3.000.00 1.100.011
~Ullt' ~one
775.011 102.711 XonL
!ll.069.1~
j ,:!:16.;);
"XOIH'
.XOlll'
.X one
:\Oil'
:\one

Tot:tl

--~

STATEMENT Showing condition at the dose of Bu,int'" D"mber :~0. 19:{9, of the

BANK 0}' ALAP.\IIA Alapaha, Ga.

A, called for by the Supt'rintt'ndent of Hank,.

W. M. GASKINS, President.
Date of Charter: 3-4-190fi

J.P. CULPEPPER. Cashier.
Beg-an Business: :-l-25-1905

REsornn:s:
Loans and Discounts ~-------------$ Ktatt> of Gt"org~ia and )lunil'ipal
r. Bonds O\Vned -------------------S. Government Securities m\ned __ Other Stocks and Bonds owned ____ _ Ranking House and Lot ___________ _ Furniture and Fixtures __________ _ Other Real Estate owned ___________ _ Cash in Vault and Amount due from
approved Ut>serve Agenh; _______ _ ('hecks for Clearing and due from
other Banks --------------------Cash Items ----------------------Overdrafts ------------------------AdvanC"e on Cotton and other C-om-
modities ------------------------Customers' Liability on ],etters of
Credit and Acceptance-s ________ _ Profit and Loss ---~~~-----~------Other Resources __________________ _
Total --------------------- -- -~---- $

Xonr 12,5:l3.73
X one B,12::i.OO 1.000.00
"X one
lj7 ,4{il.2fi
X one 1K4.86
X one
~one
X one X one
~one
:wo.n:J.OH

LL\BILITIEI':

Capital ~to<'l\

---------- _$

Capital Xotes

_ -------- ----- _

::-lnrplus Fund ------------------- _

rnctividccl }';rofit.-..:

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

Reserve Funds _____________________ _

J)ue to Banks _____ _

Hividt"llfls rnpaid

Cashier's Chc<l.;s _

('p-rtified Che<ks

Df'mand Depo-sits

Time ('crtifirates of Dl'po:--;its ____ _

:Savings J)cpo:--;its ---~------~~-----~

I~ettcrs of C'rt>dit aiid .\<'<'eptaiH'ts

E'Xf'-Cllted for ('ustonwrs _______ ~---

Bills Pa~able ---------------~----Xotf's and Bills Ht.~<lis('Oilllted _____ _

Othe-r Liabilities ___ ----~------

::o.ouo.oo
X one 1:!.000.00 ~:L 114.!"i1
2.7:J2.61
~one ~one
297.47 Xone
l:l:i.1H7.7:l
'O.:H;o.:n
B.7GO.:l7
Xone X one X one
Sone

Tutal

__________ $ :l00.47:l.O!t

4

DEPARTMENT OF BANKING

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

STATEMENT Showing condition at the close of Busines December 30, 1939, 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. NEI::.\IA)<, Cashier.
Began Busine8s: G-1905

I~nans and Discount:-; ______________ :j; ~tate of C;porg-ia and )lunicipal
Bonds ownt_d ______ ------------1. S. Goven1ment :Securitil'S OWlHtL_ Other Stocks and Rontls cmnetl Ranking lions~ and l . nt ________ _ Furnitm(~ and Fixt11re;.; ____ _ Otbl.'r Ht>al Estate ownl.'d ('a~h in Ya111t and Amount dl!P fr()lll
appron:d Resern~ Agents __ ( 'hecks for Clearing and ciiH trom
other Banks ___________________ _ Ca~h ltLms ________________________
Ovndrafts _ ----------------- _________ ~\lh-anef' on Cotton and othtr Com-
moditie-s _________________________ _
('ustomers' Liability on T~t>tlLr:-; of Credit .and Acce-ptances
Profit and Loss __________ _ Other Uesourcrs __________ _
Total

;\one 10,000.00
;\nne :!:I .1 7:~. 2s
Iii:-.:.:{ 1 1O.i!l:l. iO
:{i .fi:IO.l~
;\onP X one .X one
'X one
~one
X one X one
i:OO.J.-, 1.:10

LI.Ul!LITIER: Capital ~tock __ , _----------------

Capital Xotes ---------------------:--urplus }'und ------------------- _

riHliYidell Profib ----------------HesPl'Yt' Fund ________ _

llue to Banks__

__

!)jyi<lPIHls rnpaid ______ -

Caslli(>r's <'ht'l'l\s _____ _ t'L'l'tifiPll Clleeks _________________ _

llemantl lhposits ---- __________ _

TimL CPrtifkates of Tkposil'S SaYings llepn~its ________________ _

Letters of ('redit an<l ~\t'l'L'Iltances t>XPl'Uted for Custome-r;; _________ ..

Rills Pa~ahle --------------------Xotes and Bills Rediscounted ______ _ Other I..iabilities __________________ _

1oo.oo0.00 32,500 oo 25,ooo' 00 15,915:63 155,013.3! X one I,Ooo.oo X one X one :-;one 08,800.00 1!:8,122.30
X one X one X one ?>;one

'l'ntal

----------------$ C00,1ol.:lO

STATEl\IENT

Showing condition at the cloc of Buinc' Dtccmher .30, 1939, of the

AUlA EXCHANGE BANK Alma, Ga.

As called for h~- the Superintendent of Bank~.

M. E. JONES, President.
Date of Charter: 9-30-1939

,J. J. JONES, Cashier.
Began Business: 9-a0-1939

HES01.'HCER: Loans and Discotmts ---------------~ ~tate of Georgia and .:\hmiripal
Bonds owned ----------------- .. -('. ~- Gorernnwnt Securitie~ O\rned _ Other Storks and Bonds ownLd _ .. _ B,ankin!! House and I~ot _________ _ Furniture and fixtures _____ _ OthPr Rt'al Estate owned t'ash in Y.tult and ~\mouut dul from
appronrl Hl'~wl'rP ~\gent~ ('ht>cl.;s for Clcarin~ and dup fnnn
othH Bani;;:-; Cash It('!lb ()YPrdra ffs .\<h.tlll't' on Cotton and othl'l" Cmu-
nwditic..:, ----- ---" Customer'-'' Liability 011 Lt>tt\T" nt'
Crt'dit and ..\l'('('jltatwt-... l'rofit and Ln..;..; OtlHr Rl''-'Oilf<'t:-;
Total

:;s.l~7.:n
ti.f3t)0.2.i ' ..>00.00
~OllP ,i,~:-;0,0(1
I .00
.);oHe
.~:!.ti t:-L 10
~OlH ~Olli._' ~(\})('
~0)1('
\'ont
~onv

(';tpit;d Shwk

LL\BILJT!ER : _______________ --$

Capital Xott>s

_-----------

~urplus Fund -----------------

rndivided Profits ---------- -----

ReseiTe Funds --------------------

lhll' to Ranks --------------------IHridl'IHls l"7"npaid _________ _

(a shkr's Chelks _________________ _

('prtifild t'he('ks Pemand l)pposits __________ _

Time 1\:rtificntl~s of Deposits ____ _
~aring-; l)epositi' ------------------Lt>tter-.; ot" Crt>clit and Acet']ltanc(s
txeeu1ed for Customl'l'S _____ "-----

Bills PayablP --------------------Xote-: <llHl Rills Htdisl'ounted ______ _

Othlr Liabilities __ -----------------

~.),000.00
:X one 5,000.00
None 1.219.30
:-;one
~one
606.96 'None
1 ~:3.350.40 X one
695.00
Xone Xone X one
~one

Total

----------* ];)j,Sil.H6

TWENTIETH ANNUAL REPORT

5

STATEMENT Showing condition at the close of Business December 30, 1939, of the

BANK OF COMMERCE Americus, Ga.

As called for by the Superintendent of Banks.

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

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

RE:-lOL:HCES Loans and Discounts ______________ $
state of Ccorgia and ::uuniL'ipal
Bonds owned ------------------!". s. GDvernment Recuritics owned __ Other ~tocks and Bond.-; ownPd __ _ Banking House and I~ot _________ _ Furniture and Fixture-s _____________ _ Other Real Estate ownPU _________ _
('ash in Yault and Amount duP from approved Resl~rrc Ag-ents _______ _
Checks for Clearing and due from other Banks --------------------
Cash Items ----------------------Overdrafts -------------------------Advance on Cotton an<l other Com-
modities ------------------------Customers' Liability on Letters of
Credit 13.Dd Arcpptances ________ _
Profit and Loss -----------------Other He;sources ------------------

Rl6,492.67
118,2:\5.R7 161,299.00 ll:J,I99.30
I :i ,000.00 None
Vi,2~:t:~7
fiO:-i,-10:1.33
l:l~.014.49
193.1:) 27.88
S.-!lio.S3
X one
~one
X one

Total

--------------------- _____ $ 1.983,69:l.fil

LI.-\.BILITIE~:
Capital lStork ~--------------- ____ $ Capital ~otes ____________ _
S11rplm; Fund ---------------- ____ _ T:"udividert Profits ----------------Hestrve Funds ---------------------DuL' to Banks __________ _
])ividends rnpaid ------------------('ashit>r's f'heeks ___________ _
Certified C'heeks -----------------])pmancl Drposits ___________________ _
Time Ct:rtifil~ates of Dtpo-;its _____ _ ~avings Deposits -----------------LPtters of Credit and .\eeevtances
L'Xccuted for Customers ________ _
Hilb Payable --------------------~otts and Bills Rediscountrcl _____ _ OthPr Liabilities _______________ _

ti3,000.00
~onr ~00.000.00 I32.:!~~.ln
X one 18,'i20.RO
Xmw
::!,193.:-i.) None
-"8:~.4:-iH.O~
134,260.00
~19JCi2.27
Xo1w
~011('
X one Xont

Total

_________ $ 1,9SJ.G:l:1.tJ7

STATEMENT Showing condition at the close of Business December 30, 1939, of the
CITIZENS BANK OF AMERICUS Americu, Ga.

As called for by the Superintendent of Bank,.

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

EVAN MATHIS,
Cashier. Began Business: 3-25-19:3/

lmSOL'HCES: Loans and Discounts ______________ $

~tate of Georgia aiHl ::\lunil'ipal

r.

Bonds owned ----------S. Government Securities

-

------- ownetL_

Other Stocks and Bonds ownetl ___ _

Banking House and J_.ot ---------Furniture and Fixtures ------------Other Real Estatr owned __________ _

Cash in Yault and Amount (hit from approved ReserYc .Agents ________ _
Checks for Clt>arillg and dill' from
other Banks --------------------. Cash Items ________ -----------------Overdrafts _____________ - _-- --------

Advanre on Cotton and otht.r Com-

modities ------------------------rustomers' Liability on I.etttr-.; of
rredit and Art'CIJtancf'S ---------Profit and I~oss __________________ _

Other RPsmtrcc..;

"--------- _

Total

10,i.t2.~:i
Xone
::\one
::\Ollf"
O) )9i .07 Xont
110.11-!.19
:LS:iO.l:l
~~1.8~
t:U-l
X one
:\one X one l.'il 9..)1i
;J6ti.!170. in

LIARILITIE>':

Capital ~tork

------~

('apital Xotes

Hurplus Fund

rncliYidrd Profits -Re:o;;eiTe Funds ______________________ _

Hut> to Banks ________ _

Jliridt>nds lnpaid Cashif'r's Chteks _____ __
Ct'rtificd Cherkg _________ .. Df'manrt Dt-'posits _________ _

Time Certificates of Depo.:.its ____ _ ~a\'iugs IleposiL"i _________________ _

Lt'ttLrs of Credit and _\!'l'eiHalH'L'S e"Xeeuttd for Customers ___ _
Bills Payable ________________ _

.\"otes and Rills Ht><liscounttd OtlHr Liabilitit's

'-0.000.00
~one
I 0.000.00 11,-ll:l.02
X one );one X one 34;:;.72 :\one :\l;j,{};);>,72
l~:i.\)17.fl-l
;;:-;,:ins.:-w
X one XnnL' Xnue
:;tlllP

Gtifi .~~in. 70

6

DEPARTMENT OF BANKIKG

STATEMENT Showing condition at the dose of Bu,ine" December 30, 1939, of thP
BOSTWICK BANKING COMPANY Arlington, Ga.

As called for by the Superintendent of Banks.

W. E. BOSTWICK, JR., President.
Date of Chal'ter: 8-27-1935

CARL CLE~ENTS, Cash1er.
Began Business: 3-1-19:)6

RE,.;orucER: Loam; and Discounts --------------* ~tate 6f Georgia and .:\Iunil'ipal
Bonds O\Vned -------------------1". S. Government SccuritiL'S owned __ Other Storks and Bonds owned ___ _ Banking House and L0t ----- Furniture and Fixtures ------------Other Real Estate owned __________ _ Cash in Vault and Amount due from
approved ResE'rve ~\gents __ _ t 'hecks for Clearing; and d11c from
other Banks ___________________ _ Cash Items _____________ _ Onrdraft~ _____________________ _
.\dvanee on Cotton and uthtr Commodities ________________________ _
Cu:-,tomers' Liability on Let1t>rs of <'rt'(lit and .:-\C'Cl'PL1llCt.'~ ----------
]1I'Ofit and Loss -------------------Otlwr Resources _________ _
Total

:11),4tii'\ ..)li
~.:328.61
-1.6:l:>.O:l X one
2,000.00 :!,277.:JO
XOil4.'
li-! 7.00
;j,),(j'j
7!1:1.07
:n.n:u1
XonP
~Ollt' ~Ollt:'
12:'1.7:l2.illl

LT.\ BIL!Tllc,.;:

Capital ~tol'k Capital Xotes ____ _

~urplus Fund

rndiYidt'd Profits --- --------------

HeserH' .Funds ______

_

IlUL' to Banks ___________________ _

l)jyidends {'npaid

Cashh,r's Cht>cks

___________ _

Certifit>(l Che(k:-.

___________ _

Dt'mand Deposits __________________ _

TimP Ct'rtifkates of Ih.']lo::-~its ______ _ S;niJJgs llt>posits ________ ---

Lt~ttt-Ts of Crt>dit aud ~\('('PJitatH'e:-.

f'Xt'('Utt'd for <'Listomers ________ _ Hills Payahlt> _____________________ _

Xott's and Bilb Redistotmtt'd

Othl'r l.iahilitit's __ _

I.>.ooo.ou ::.ooXoo.onoe
X one 4.611.84 :l,H.iL23
~oo.ou
X one X one
!lll.:l:i9.:J6 11.009.,;7
X one
X one X one Xont X one

Total

STATEMENT Showing eondition at the close of Busint "' Dn mo.<T 30, 1939, of tht
ASHBLRN BANK Ashburn, Ga.

A~ called for by the Sup('rint:nclc'nt of Banks.

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

R. H. GREE:-..', Cashier.
Began Business: 7-1900

m:,.;ontn:;;:
Loans and Discounts ___________ . l-'tatl~ of G(org.ia <illd :\Innicipal
Bonds owllPd -------------------(". S. (;ovcrnment Securitit.'s owned __ _ Other f-H-ocks and Bonds owned ______ Banking- House and Lot __________ _ Furniture and Fixtures __________ _ Other lteal Estate owne<l ________ _ Cash in Vault and ~\.monut due from
approved Hesern' ~\gents _______ _ Cht>rl{s for Clearinj! and dut' from
other Banks -------------------C(ha-st:h'rdrIatfetms s__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
Advance on Cotton and other Commodities ------------ ____________ _
<'nstomers' Liability on Letters of Credit and AecetJtanct'S _________ _
Profit and Loss -------------------Other Resources ------------------
Total ----------------- ____________$

:r-; 1.111. I~
'XOllt' :!:!,:~25.00
~OnE'
Xonl' I ,-l!i2.22 1),100.110
7-1.17Ul0
7fi:l.7S 180.45
None
I ,07:Li2
Xone
);one 4,:147.66
464,542.01

LI.\BILITJE,.;:
}:~~g:~:~~ ~~~~~: =====~======~~--- -----~
Hurplus Fund ___ -~------- ___ _ CndividLll Profits ---------------~--Heserve Funds ___________________ _ Jhtt' to Banks _________ , ____ _ Dividends l'llpaid ________________ _
Cashier':-; Cheeks -----------------Ct>rtified Cheeks ----------------Demand Deposits -------------------Time CertifiLates of Deposits _____ _
Savings Deposits ----------------Lf'tters of Credit and AL'<'L'J)tauces
exeeuted for Customers ________ _
Bills Payable --------------------~otes and Bills Redbcountt:>tL _____ _ Otlwr Liahilitit>:-> _________ _

20.000.00 3,000.00
:;o.ooo.oo
42,716.70 3HL09
3,000.00 0.000.00
4il7.19
~one ~05.500.S5
:H,lll0.24 H0,145.94
X one X one ;; I ,000.00
~on~

Total

TWENTIETH ANNUAL REPORT

7

STATEMENT Showing condition at the close of Business December 30, 1939, of

THE CITIZENS BANK OF ASHBURN Ashburn, Ga.

As called for by the Superintendent of Banks.

D. H. DAVIS,

FRED RAINES,

President. Date of Charter: 7-27-1905

Cashier. Began Business: 10-25-1905

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

RESOURCES:

LIABILITIES:

r.oans and Discounts --------------$ 101,881.4il

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

state of Georgia and :l!un!cipal

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

None

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

None

Surplus Fund ---------------------

30.000.00

U. s. Government Seeeurities owned__

1,500.00

Undivided Profits -----------------

23,450.00

Other Stocks and Bonds owned ___ 16,940.80

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

2,200.00

BankLng House and Lot -----------

10,000.00

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

1\.~onc

Furniture and Fi>:tures ------- -----

2,500,00

Dividends Unpaid -----------------

!\one

Other Real Estate owned ____ ____

2,065.65

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

1.374.:n

Cash in Vault and Amount due from

Certified Checks -------------------

592.00

approved Reserve Agents

204,204.11

Demand Deposits ------------------ 161,137.5;1

Checks for Clearing and due from

Time Certificates of Deposits _____ _

~2.807.71;

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

1,357.57

Savings Deposits ------------------ 63,887.96

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

X one

Letters of Credit and Acceptances

overdrafts -------------------------

None

executed for Customers _________

Kone

Advance on Cotton and other Com-

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

:NOllt'

modlties -------------------------

None

Xotes and Bills Rediscounted _____ _

~one

customers' Liability on Letters of Credit and Acceptances ________ _

None

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

X one

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

None

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

~one

Total _____________________________ $ 340,449.58

Total -----------------------------$ 340,449.5H

STATEMENT Showing condition at the close of Business December 30, 1939, of the

AMERICAN SAVINGS BANK Atlanta, Ga.

As called for by the S'uperintendent of Banks.

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

EUGENE G. WEBB, Cashier.
Began Business: 1887

RESOURCES: Loans and Discounts --------------$ State of Georgia and ::\lunicipal
Bonds owned -------------------U. S. Government Securities O\\'ned __ Other Stocks and Bonds owned ___ _ Banking House and Lot __________ _
Furniture and Fixtures -----------Other Real ~;state owned __________ _
Cash in Vault and Amount due from approved Reserve Ai!ents ________ _
Checks for Clearlnv; 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 -------------------

862,597.83
~one
235,873.14 None
133,119.20 2,000.00
42,301.39
56,038.33
31,586.29 816.60 None
None
None None 5,388.11

Total -----------------------------$ 1,369,720.89

J,L\BILITJES :
Capital Stock ----------------------$ Capital Notes ---------------------Surplus Fund --------------------Undivided Profits -----------------Reserve Funds --------------------Due to Banks --------------------Dividends Uni>aid ----------------Cashier's Checks ------------------Certified Checks ------------------Demand Deposits -----------------Time Certificates of Deposits _____ _
Savings Deposits ------------------Letters of Credit and Acceptances
executed for Customers ________ _
Bills Payable ---------------------Notes and Bills Rediscounted _____ _
Other Liabilities -------------------

200,000.00
~one
100,000.00 9.677.61
12,500.00
~one
X one Nont> None None 188,152.10 635,426.24
None 30,000.00
None 193,964.94

Total -----------------------------$ 1,369,720.89

8

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, of the

CITIZENS TRUST COMPANY Atlanta, Ga.

As called for by the Superintendent of Banks.

L. D. MILTON, President.
Date of Charter: 7-16-1921

JOHN F. COOK Cashier. '
Began Business: 8-16-1921

REOiOl'RC'ES: Loan<.; and Discounts _______________ $

Statt:> of Georgia and :\Iunicipal Bond~ owned -------------------
('. ~- Government Securities mvned __ Other ~tocks and Bonds owned ___ _

Banking House and Lot ----------Furniturt' and l~ixtnre~ -----------

OtllLr Heal Estate mvni?'d ----------(';l::-.h in Yault and Amount due from
approved Rl:'sern .\gents _______ _

Cl~t~;ks for Cl0aring and due from

othlr Banks ---------------------

('a:-;11 ltC'mS -----------------------<herdrafts _______ -------------------
.\d\-aiH'C' on Cottou and otlwr Com-

moditil':-; --------------------------

t'u~tnmer< I~iabilH.\ on Lettl'l'S of

C!'tdit aml AntptaiH't'~ ---------

l'rofit antl J.~oss

-----------

Otill't' "ke,..;onrees ___ _

Total

2RS,69l.'l0
23.S10.:l:i !i7 ,194.88 76,196.17
:None H .000.00 :!O.H:J2.00
fi.l34.3:! 1.100.61
X one
:X one
Xotw
:XOlll'
1!12.4:1
U:)l.S4:l.O-l

LIABILITIES : Capital Stock ---------------------~ Capital Xotcs ---------------------Surplm; Fund --------------------encti\tcted Profits ----------------RDeuseervteo FRuanndkss --_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_
llividends rnpaitl -----------------Cashier's Cheeks ----------------Certified Checks -----------------Demand Deposits __________________ _
Time Certificates of Del)osits _____ _ ~avings Deposit~ -----------------J.r.'tters of Credit and ~\eccptance~
exel'uted for ('ustomers ________ _
Bills Payahh --------------------Xotes and Bilb RLdisvounted _____ _ Other Liabilities ___________________ _

so,ooo. 00 22,5oo. 00 11,500.00
9.35.35
3o5..o3o2o6..o260
None 11,395.59
877.96 174,616.71
44,085.42 297,024.82
X one X one X one :J,i\80.93

Total

651.843.04

STATEMENT Showing condition at the close of Business December 30, 1939, of the
EAST ATLANTA BANK Atlanta, Ga.

As called for by the Superintendent of Banks.

M.A. THOMPSON,
President. Date of Charter: 11-11-1910

I. W. ARNOLD,
Cashier. Began Business: 11-15-1910

RESOFRCES: Loan" and Discount~ ---------------* ~tatt of Georgia and :\[nnicipal
Bonds owned ------------------' _ {'. S. Government Sf'curities owned __ Otla~r Stock~ and Bonds mvned ___ _ Banking- House and I~ot ___________ _
Furniture and Fixtures -----------Other Ht"al Estate owned __________ _ t'ash in Vault and ..\mount due from
<l\)}lro\ed Resern.~ ~\gents _______ _ ('lwckx for Clearitw: and due from
othtr Bank:-:; ____________ ---------
Cash Items --------------------- __ On.rdrafts ------------------------.-\dvanl'e on Cotton and other Com-
modi! ies _____________ -----------t'u~tomers' Liahility on l.etterg of
('n:dit and Acceptance.., _________ _
Profit and Loss -------------------Otlar Resources -------------------
Tnt; !I

:l52,17 ~.S6
26,175.00 22,600.00
X one !),502.94
4,70~.49
:.!,57\J.7X
2:ifi,2:J7. 70
29.~5~.0:1 XotH' XotH'
Xolll'
~Olll'
Xone
'XollP

('a]lital Stoch Capital ~otes Surplus Fund

LL\ BILITIES : -------------$ ____________ _
_____________ _

l'ndivide-d Profits ____ -----------~--- ~RPserve. }"unds ----------------------Dile to Banks ___________________ _

Dividends rnpaid -----------------Cashier's Checks
Certified Checks -----------------DC'manrl Deposits __________________ _

Time Certifieates of Deposits _____ _ ~avings Deposit:.; _________________ _

Letters of Credit and Acceptan('es t'Xecuted for Customers ________ _

Bills Payable --------------------Xotes and Bills Rediscounted _____ _ OthL'f l~iahilitie~ ------------------

25,000.00 14,500.00 15,000.00
1,351.12 9,266,00
~one
750.00 3,727.16
~one
325.240.88 9,040.85
299,476.79
X one :-ione :-ione :X one

Total

TWENTIETH ANNUAL REPORT

9

STATEMENT Showing condition at the close of Business December 30, 1939, of the

GEORGIA SAVINGS BANK & TRUST COMPANY Atlanta, Ga.
As called for b~ the Superintendent of Banks.

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

C. P. HUNTER. Cashier.
Began Business: 9-1-1899

Loans .and. Dii-irmmts --------- _____ $ 1,Hl."i,BO:-I.:!S

State of Georgia ancl ..\lunkipal

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

Xollt>

(". S. Government ~eeuritie:-; owned __ 226.7G8.00

Other StD('ks and Bonds ownl'd ____ _ ~.8:i:1,66.J.7:~

Banking House ~nd Lot ___ _
Furniture and }~IXtures __ _ Other Real E~tate Owned _________ _

:~S7.7ti~1.~1::
l.027.nl
:!Hi,UU:!.:~O

rash in Vault and Am01mt dut> from approved Rt>servc Agent~ __ _

fherks for Clearing- and dnt' from

other Banks --------------Cash Items ------------- --- ..

J:\.:!!7:;._-lo:xl

Ovt'rdrafts ----------------------- ---

Xont'

.\d\ance on Cotton and othtr Com-

modities -------------fw;t.omers' T..iability on Ll'ltt'rs of

Xont

Credit and AcreptatH'i.'S _______ _ l'rofit and J...oss ______________ _

"XOlH'
-:\'mw

Other Resourt't~~ ___ ------------

Xmw

Total --------

__ $ .1,7::i:!.:~fi0.01

LIABILITIES:

!'apital Stock ----------------------$ r.oo.ooo.oo

Capital Xotes ____ ---------------- 4SG,OOO.OO

Sur11lus :Fund ---------------------rndivided Profits ________________ _

100,000.00 57 ,21"1.72

HDeusef'rvtoe

Funds --------------------Banks ______________________ _

Hh:ide11d:-; t:npaid __________________ _

1~3.020.27
X one
:w.oo

('ashier's Clwrks ------------- ____ _ ('(rtifit>cl Chprks __________________ _

~011('
Son(

TIPmanr1 nepo~its --- ---------------

Xonp

Time Ct:rtifif'atcs of Deposits ____ _ ;,:,!j, 107 .H2 Ravings Ilepo~its _________________ _ 3.3~0/il=:i.7S

LLttrrs of Credit and Acceptances

execut(d for f:ustonwrs ________ _

;\0]1('

Hills Payahle __________ .. ________ _

:\'"OJ1l'

Xott:s and Hills Refliscounted

Xmw

Otlwr l..iahilitiC's ------------

:107 ,-lt-i:l.G:!

Total

____ $ ;-;,7;)2,:~t;o.o1

STATEMENT Showing condition at the close of Businc> December 30, 1939, of

THE MORRIS PLAN BANK OF (;EOR(;IA Atlanta, Ga.

As called for by the Superintendent of Bank~.

GEORGE WINSHIP, President.
Date of Charter: 11-27-1933
Rt;soFJtCES: J1oans and Iliscnunts _______________$ ~Hate of G('orgia and :\funicipal
Bonds owned ________________ ---11. S. Gover-nmLnt ~L'l'ttritie;-; owned __ Other Stoeks and Bonds ownl'cL __ _ Ranking Bolls( an(l Lot ______ FurniturL' and FixturPs _______ _ Other Real E~tatl' o\\'fled _________ _ Cash in Vault atHl .\mount dllC'- from
aJ1provpd HLservC' ~\gents _______ _ Cheeks for Cllarin~ and dttl' from
other Bank:-; __________ __
Cash Items ------------------------Overd"afts __ ----------------------~\dvan{'e on Cotton and othLr (~om-
moditit>s ---------------- _ Customers' Liabilit~ on Ll'ti('J':-; of
Credit alHl Acee11tanecs __ _ Profit and Lo.ss _____________ - Other R-e-sources ______________ _

C. T. GREER,

Cashier. Began Business: 12-5- Hl8:i

-----------------J,L\JHJ,IT!Eel:
Capital Sto('}.;: ______________________ $

~011('
"X o n e :2f!,-170.7i0
:\Olll'
I 0,1120.1 ~ 27 ,HH.S2
::.JO,S.t2.til
2:~.TGS.l~
2S I. Hi 21::LR(i
"X out :Xottt 2,264.67

(S'uarpriltlaHls XFnutensd -_-_--_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-

Fnclivided Profits ---------------H.cservP Fund~ --------------------HnP to Banks ____________________ _

lHvid(tHls l~niJaid ________ ----------Cashier's Checks ---~-------------CertifiPcl Cheeks ____________ _
Demand Deposits ________ _
Time ('LrtificatPs uf Depusits ____ _ :-lavings DeJJo~its ____________ _

Lettns of ('redit anrl ..\l'l'P}JtancLs L'XL'f'Utt>d for Customers ________ _
Bills PayalJlf' ____________________ _

.\'otps and Rills R(disl'ounted _____ _

Otlwr LialJilitiPs

_________ _

200,000.00
);ont'
50,000.00
,-t:~.274..fln
149.199.21 117,500.00
~onr
16.2E?2~ 1 2.ta
170,400.11
;::.~.!H:t:i7
1.'1'~-:;ss.c, 1
Xu1w "\"otw Xmu 2. :-:~-l:-i. lj:!

Total

__ $ 2.700.-118.!ll

Totnl

__ $ 2.700.Hn.HI

10

DEPARTMENT OF BANKING

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

STATEMENT Showing condition at the close of Business December 30, 1939, of the

NORTHWEST ATLANTA BANK

Atlanta, Ga.

As called for by the Superintendent of Banks.

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

0. L. COFFMAN, Cashier.
B.c,e;an Business: 6-15-19:38

ItESOrRf:ES: Loaus and Discounts ______________$

~tnte of Gt>orgia and :\hmicipal

Bonds owned ------------------1.. ~- GorPrnmeut Sr('uritie~ ownPd __ OtiHr Storks and Bonds owned ____ _
Rankin~ Howw and Lot ____________ _ Ftlrlliture and :Fixtures _____________ _ Othn Heal Estate owned _________ _

Cash in Yault and .\mount due from apprmcd Hesern .\p:LlJts _______ _

t 'lw<"li:s for ClP;Hillg and dut from

utht>r Banks ---------------------('ash Itt>ms ______________ _

Onrdrafts _________ _

AdYallC'P on Cotton and otlwr Commo(lities _______________ -----------

( 'm;tomprs' Liability 011 I .. ettpr...; of Credit awl Acct:>ptances _________ _
l'rofit and Loss __________________ _

Other Resources

______________ _

Total

________,$

::\'nnP J:i,OOO.OIJ
X one
1G,BO:J.1~
2,:)80.71 XnnL'
~Olll'
117.S1 X one
X one X one 312.91'1

LT.\ BILITIES. t'ailital Stork __ _ Capital );ott~ ____________ _
surplus Fund --------{~ndivided Profits _ He:-.trn Funds __________ _ Due to Banks ______ _
Dividends rnpnid _ -------------('ashier's ('hed;:s ___ -------------('prtifit-'d Clwcks ________________ _
Demand Icposit..; -------------TinH' Certifi<'atp:..; of f)q)()sits ___ _ ~adug ..; ])cpo:..;its ------------------Ltttl'rs of Credit <llld ~\.C('eptanres
L'XPCIIted for CJJstonwrs _______ _ Bills Payahlt> ___________________ _
~ott'S nnd Bilb Ht'discountecl Othvr Liahilitil':-. ___ _

<:;,ooo.oo l.i .ooXoo.onoe
S,SB4.59 756.52 X one X one
8,0G9.S:l
5.00 1 7ti.104.1!
l:;.ooo.oo
~~.:~~n.o~~
X one X one X one 11.00

Total

__ $

STATEMENT

Showing- condition at the close of Business Dect>mber 30, 1939, of

THE PEOPLES BANK Atlanta, Ga.

As called for by the Superintendent of Banks.

R. R. LANHAM, President.
Date of Charter: 8-1:-l-1935

R. T. LEPPERT, Cashier.
Beg-an Business: 8-31-1935

REf'Ol:RCES: Loan~ and Discounts __________ ... --$ ~tah of GL'Orgia and .:\Iunkipal
Bonds 0\\ned -------------------1?. S. Govtrnment ::-;ecuritie:-; owned __ Other Stocks and Bonds o\nll'{L _____ _ .Banking House and Lot __________ _

Furniture and Fixtur(':-; -------------
Other R0al Estate nWllL'l'----------Cash in V<.tult and Amollnt due from
i!pproved RPserve ~\.gents _______ _
('IH'('ks for Clearing and dll( from

( aosthl wIrt eBmasn k_s_ _ _-_-_- _- _- _- _- _- _- _- _- _-_-_-_ _ -_-_-_-_-_- -_

Ovndrafb; ---------------- _______ _ .\dvan(e on Cotton and other Com-
modities _________________ --- ____ _

('ustomers' Lial.Jilit,\ oll Letters of Creclit and Aeceptalll't'~ _________ _

l'rofit and Loss

---------

Other Resources _______ _

Total -------------------- _________ $

:~:2.i,617.Hl
X one Xont XotH'
~one
X one Xune
~011l' ~nne
X011e
"X one
X one None 1,02:1.:10
:).10,107.17

LI.\BILTTIE:,i: Capital ~toek ------ ______________ $
Capital .Xotcs _____ _ ::-lurplus Fund ____________ _
rndivided Profit:--. Hesl:'nt' Funds __ Due to Banks __ _ Dividends lJnpaicl _. ______ _ Cashier's Checks _________ _
Certifircl Checl.;:s ---------- ___ _ Demand lkposits _________ _
Timt Certifleatr-s of Dl:-'posits ----Savings Deposits ------------ __ ----Letters of Credit and _\(TeptaiH"l'S
e-xecuted for Cu:-.tonwrs ________ _
Hills PayahlP -------------------Xotes aiHl Rill:-:. HeUi~cotmtcd ____ _ Otlwr LiahilitiPs _ ---------------

:JO,OOO.OO None
10.000.00 l!l.2R:J.51
X one X one X on X one X one X on
~one ~::.129.11
X one 1::7.149.51
X one
~-l:J.0-1

Total

:; 10 IOi .li

TWENTIETH A~N"CAL REPORT

11

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

- - - ------~-

~

STATEMENT Showing condition at the close of Busines" December 30. 1939, of thP

SOt:THERN SAVINGS BANK Atlanta, Ga.

As called for hy the Superinhndpnt of Bank,..

J. G. BURKHARDT, JR., President.
Date of Charter: 12-5-1934

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

-------------H-E~i:iOl'RCER : J.,oans and Discounts _______________ $ ~tate of Gt'Orgia and :\lunidpal
r.Bonds owned -------------------S. Government Securities rn\lwlL .. Other Stocks and Bonds o\nWfL Banking House and I..ot ______ _ Furniture a1Hl }'ixturPs ________ _ Other Real Est.ate ownect _____ _ fash 1n Vault and Amount d'lll' from
apprond Reserve Agt'nh _____ _
Checks for \!oaring and dul' from other banks ______________ _
Cash Item~ --------------Orcnlrafts -----------------.\dvancc Oil Cotton and other Com-
modities ______________ _
Custonwrs' Liability on Lt'ttl'r:-. of Credit and ~\cceptanct:-; ___________ _
Profit and Loss ____________________ _ Other RPsources _______________ _

2H7,189.UO
X one :Xonp X one
~one
4:ll.52
~one
20,7:lGAS
~Ollf'
Xont Xone
X on(
Xont
XOIH'
130.00

LL\BIT.ITIEOi:

Capital Stock ___

___________ .$

Capital Sates ___________________ _

~urplus Fund ____________________ _

Fndivided Profits _________________ _ RPservc Funds ________ . ____________ _

Hue to Banks _____________ _

IHvidLnds "Cnpaid __________________ _

Cashier's Check~ -------------------

Certified Checks -------------------
1)<->mand Deposit;.; -----------------Time Certificates of Depo.;it:-; _____ _ :;.:;avings De-posits ___________________ _

Letters of Credit and .\C('C'IItallct':'. PXecuted for Custonwrs __ _
Bills PayaLle ___________ _

Soil'S and Rills Redi~('OIIlltvd Otlwr Liabilitie-; ________ _

.10.0011.110 Xmlt'
10,000.00 6,202.20 7,R!l2.27 Xmw
XCJIW XmH ;\nnt
:\Olll' 118,0011.110 124,4Hl.5:-i
Xonl XollP Xont fll ~.!!:-\

Total

-- _$ 81~.1~7.00

31~.1~7.0(1

STATEl\fENT Showing condition at the dose of Busin<:ss Decpmlwr 30. 1939, of the

SOUTH SIDE ATLANTA BANK Atlanta, Ga.

As called for hy the Superintt>ndent of Bank,,

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

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

RESOL'RCES: I~oans and Discounts ___________ _ State of G(_'DJ'gia and .:\[unicipal

e.BSo.ndGs ovoCw'rnnerdnen-t-

--------------- Securities owned

__

Other ~tocks arHi Bonds owned ____ _ Banking- House and 1..-ot _____________

Furniture and Fixtures __________ _

Otht>r Real Estate owned ___________ _

Cash in Yault and Amount due from aiJilfOved Re~wrve Ag-ents _______ _

Chrrks for ClL~aring- and d11P from other Banks ___________________ _

Cash Itrms ----------------------Overdrafts ---------------- ---------Advance OH Cotton and other Com-
modities ________________ ------ ---
Custome-rs' Lia hility on J..etters of Credit and Acceptances ________ _
Profit and Loss ______________ _

Other Resourcrs --------------

Total

. ___ $

lfiil.lO~.tiO
til,liO:Ul 10~.7 -lli.SS
li,6~:i. 70 7 .~l;{-!.00 2.0:J(i.711 S,R-10.1 !l
.)!) .tii7 .!IIi
:~.4!19.1 ~
:\one 28.fi0
X one
.:\olll'
12,f!1 :L(;!I
-l:J!l,SOR.70

LL\HILITIES:

('aJlital Rtock __ _

_________ $

Capital ~otes __ _

Surplus Fund __ .. __

Lndividtd Profits Hcscrre .Funds ______ __________ ---
Due to Hank;:; ________ _

DividPtHb rnpaid ---('ashier's Cht>cks ___ _

('l'l'tified Checks ltpmand Deposit.~ Time (\'rtificatl'S of IJ<posit" HaYiHg-s Deposits _____ _

____ __

l..Pttt:>rs of Credit and .\tl'tpt;!ll("t>~:

<'-XP<'Utl'll for Customl'n; Hills Payable ________ _

.\"Ptts aJHl Rills Ht,disl'OI!lltld Othlr Liahilitit>s _____ _

2:0.000.00
::\OJH'
15,000.00
1,803.~:-;
X one Nmw 1,')00.00 640.8-l
tl.2;i
1~1:3.7R.).2rt
::\OJH'
188,890.90
Xonl'
Xolll'
:\ollt'
;),t :-:o .1:~

Tot;!l

----$

12

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 30, 1939, of the

TRUST COMPANY OF GEORGIA

Atlanta, Ga.

As called for by the Superintt>ndent of Bank.

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

DAMERON BLACK Cashier. '
Began Business: 11-8-1891

RF.SOl'ltCES: Lo;1ns and Discounts ______________ $ll.!l42,.J:i0.9:!

~tatt of Gt;>orgia and -:\luniripal

Bonds ownPd -------------------1. S. (;lwernment Stcurities ownt(L_ OtiH."r Stocks and Bond~ owned ___ -Banking- House and I.ot __________ _

6H2.18G.O~
G.771.2H!l.7i ~I i ,09~.1R
1,1GR,7~li.:~;~

Furniture and 'Fixtuns ----------Otht>r Real E:;tate owned _________ _

X one
.i12.tiKl.fi~

('ash in Vault and Amount due from approved Refl!erve Agent~ _________ .1.211:5.~9:~.1:~

t 'lwcks for Cle-aring- and dut>- from othtr Banks _________________ 10.118,1i~2.2fi

f'a~h ltf>mR ________________________ :!Hl.fitil.OO

Onrdrafts ------------- ____ _________

i6:~.4i

.\dntn('e on f'otton and otlH'r Commoditie~ ____________ ------------.
Cu~tomers' Liability on Letters of ('ndit and Al'Ceptatwt':-i ___________ _

:\one
.u:Jo.oo

l'rPfit ancl Loss -------------------Otlwr Resources _____________ ..

"X one
25:l.104.~!

I.UHILITIES !'apital >'tol'k __ .. _______________ --$ 2,000,000.00

Capital Xotls ----------------------

:-;one

Surplu~ Fund ------------------------ 2.500,000.00

(~nrlivided Profit:-; ------------------ 608.268.08

Reserve Ilue to

Funds __ ------------------Rank:--: ___________________ _

H5,44i.33 10,183,5'>1.83

Dividends rrnutid ----------------('ashier~ Check:-; ------------------

X one 251,193.68

Certified ('lHck:--: Demand Deposit:-;

----------------__________________ _

7.605.98 2:1,90.5, i59.32

Time ('ertifkatLs nt' J)epo~its ______ _ 162,i8:l.99

Saving~ Ht>po:-dts __ ----------------

538,Sl:i.i~

Lt.tters lit' Crl'dit and .\cteptan('t.'S

evcutld for ('ustomer~ _________ _

!.900.00

Hill...; Pa)-ahh -------------------Xote.s and Rilh HldiscountL~tL _____ _

X one
~one

Other l.iahilitit's ____ --------------- 389,J:l8.23

Total

Total

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

STATEMENT Showing condition at the close of Buine December 30, 1939, of th..

GEORGIA RAILROAD BANK & TRUST COMPANY Augusta, Ga.

As called for by the Superintt>ndent of Banks.

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

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

ItEo;Ol'It!'E,.;: Loan~ and dhwounts __ .. ______ _
~tate of Cl'{)rg-ia and :.\Iunit'ip:d Bonds owned ____________________ _
l". ~- Government Securitie~ owtwtL _ Other St{JC'ks and Bond:-; nwJwcL ____ Banking- How~e and J~oL ______ . Furniture and Fixtures _________ _ Other Real Estate O\\'lJvd ___________ _ ('ash in Vault and Amouut dUl' frnm
approved Rest:.rrr Ag-ents__ _ t'llll'k;;.. for Cle-aring- anll due from
othlr Banks ______ _
((')a\ sehrcllrtat>ftms s -_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_--_
.\tlranee on Cottun and other ('ommoditie~ ------------------
('\l,..,tumcrs' I~iahility on Lettt>rs of ('rt'i.lit and A('<'ept,anr.t'~
l'rofit and I.~oss _
( )thtJ Hl'SOUI"l'('S

:1.:!21.2H7.il
:i96,02!.!.>
~lt)7,ti~l-l.:~ii
246,000.1i H-U\15.\l:l
23,:15fi.O.J: IH.Bli.:J:l
lli ,2-!:l.Ri I 0,0\ill..~li 1.2H9.l0
X one
4:l,:l9G.:JO
~nne-
70,i26.4H

'l'ntal

_$12.209 .4 7:UHl

LIABILITIES:

Capital ~tot'k __

_-$ i:JO,OOO.OO

Capital Sote:..; __

X one

~urplus Fund __ _

400,000.00

l' nctividecl Profits

240,i42.59

Hestrve ~ull(ls __ _

:s-one

lhte to Hank:-; __ _

3,92i ,RS6.50

lliddends rnvaid

~one

CashiN's Clwrk:--.

~~.91U2

( 'l'rtifi('d Chet'ks

2,419.79

llemand llrpnsit:..; __

:3,19!!,36~.89

Tiuw Certifit'atb of Hc}losit~--- __ _

10,000.00

Saving-s ])('(Jnsits ------------------ 3,572,218.26

l~ett er:-; of Credit and ..-\('reptancc~

CXl"('UtC'<l for Custonwrs _________ Bill-; Pa.rahlf' ________________

4:l,:l9G.:JO
~one

Xntf's ttlld Bills Hedbwnunted _

"X one

Oth('r Liahilitit>:..; _____ _

29,:i:i:t 15

TuLtl

- _$!2,209.-17~. 60

-------- TWENTIETH ANNUAL REPORT

13

STATEMENT Showing condition at the close of Busines" Deet>mber 30, 1939, of tht
REALTY SAVINGS RANK Augusta, Ga.

As called for by the Stllwrintt>ndent of Rank,.

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

L. W. LYETH,
Cashier. Began Business: 12-23-19C::J

REHOI:RCE;l: J,oan:o. and J?isro~mtK _________ . . -~ :o\tatl' of tTr-org1a and )[mncrpal
Honds owned -------------------
r. ~- Government SL~turitie~ OWllld
tHhtr ~tocks and Bonds O\\"llP(L __ _
Hanking House _and Lot ----------Furniture and Fr.:-._tures _________ _ tl!IHr RPal Estate ownL'd _________ _
('a:-h in Ya.ult and .\monnt dut t"rnlll approved He~e-rYe .\gents _______ _
t'httks for Clearing and dw from
u ht.r Banks ------ ---------l'a~h Items ----------- -
Onrdrafts -----------------.\1..1\"an~~ on Cotton and otlll~r Com-
modrtres -------------- --------l'ustomers' Liability on LL't1lr~ of
Crt>dit and AccepUUH't'" ____ l'rofit and Loss ________________
Otlwr Re~ources

1 .o:-;o.:3-l:Uii
XOlll'
IO:!.H:!;{.tlj :J. 11:!.:-iH
lli.U:iX.O~
1.011 1:!i .!1:-W.l i
j,"i,-1-l!l.!l(l
~IOH.ll
Xt>ne Xm1e
"XOlll'
Xont ~:. 7:-1-L:iO

Total

----* l,H2.lli:Uti

Capital ~tud;;: Capital XotLs ~urplu.-; Fund

Ll.\BILITIEH: ---------------- _$

l~ndividLcl Profit-; __
Hest-'l'H' Funds __ _ Due tn Hank~ _________ .. ________ _

fHvidetHL.-; Fnpaid ____ _

('ashier's Checks ______ _ t'ertifit>d ('ht~rks ___________ _

nemand Deposit."' _____________ _

TinH:' Ctrtificate of Deposits ______ _

::-:.avings Deposits ---------------- __ J.,etters of ('redit and .\('el'ptanees

tXPl'llted for Cttstomers --------Bills Payahlt> ____________________ , _

Xotes and Bills Hediscounted _______ _ Otht."r Liahilitie~ _________________ _

100.000.00 HO,OOO.OO 40,000.00 20,696.54 2,001.86
~0.000.00
X one
~one
X one None
l~8.7:l7.62
999,947.02
:-.; (lJI('
Xoue
~o-ne
1,110.12

Total

____ $ l..!l~.Fi::.1ti

STATEMENT Showing ondition at the close of Busine D<'<'t>ntber 30, 1939, of tht

AUSTELL BANK Austell, Ga.

As ealled for by the Superintendent of Banks.

L. G. GARRETT, President.
Date of Charter: 1-3-1910

C. C. PERKERSON, Cashier.
Beg"ln B:1siness: 1-10-1910

RESOt'RCES: I,oans a.nd DiscDunts -~------------$ State of Georgia and )lunicipal
Bond!{ owned ____________________ _
r. X. (;onrnment ~lcurities owned--
Other Storks and Bonds ownerL ____ _ Ranking House and IJot ----~-----Furniture and Fixtures __________ _
Other Real Estate owned __ -------- Ca~h in Yault and Amount due from
approved H.e~ervr A~ents ______
Chel'ks for ('lr-aMng and rluP from
othrr Banks ---------------------t'ash Items ------------------Orerdraft.s ___ -----~-------- __ .\dranet on ('ntton and other Com-
modities __ ------------------rustomt"rs' Liability on I~etter~ of
rrrdit and AceeiltaiH'l'~ Profit and Loss ___ _
Other Uesourees

Total

________ $

~:!.XB:l.OO
7.500.00
2.~RO.OO
Nnnt :..!,7tl8.2-l H,\1;)0.-l:!
1 :!.).11
X(llll'
718.:10
:~:!.GfHi.fiO
XOll('
X nne
~-30.0:l
:~9ti.27G.:~2

LL\IliLITIES: Capital ~trwk Capital Xotls ____
~Ul'lllus Fund -- l'ndirided Profits __ RLsene Funds ___ _ J)up to Ranks ____ _
lJbideiHls rnpaid ___ _ Cashier'..; Checks _________ _ (\rtit'ied Check-; -- _________ _
J)(mand Hrposits TiHH' Certifi<-atts of ])eposiLL _____ _
:-.iariug-s J)pposits ----------------- Letttrs of Credit and _\cr'l'IJtanCt':->
cx:ftuted for Customtrs ________ _
Bilb l'<IYahle -------------------::\"ott:-; and Bill-" Rcdis<mtnted __ _ Othl'l' Lia hi lith>-.,

15,000.00 1:; ,000.00 5,000.00
2,091.74 :i,OOO.OO 10,000.00
-:s-onp G:l.R:J
~one Z~5.S32.11
66,682.74 4l,605.RR
X one X one Xmw X Oil('

Total

DEPARTMENT OF BANKING

STATEMENT Showing eondition at the close of Businc's December 30. 1939, of

THE CITIZENS BANK & TRUST COMPANY Bainbridge, (;a.

As called for by the Superintendent of Bank~.

H. L. GANS,

E. F. VICKERS

President.

Cashier. '

Date of Charter: 2-17-1920

Began Business: 12-19-1911

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

R~;sOlJRCE8:
T~oans ancl Discount~ _______________ $
State of <;rnrgia and ~Iunkipal Bonds owned --------------------
r . S. GoVt'Tl1llH:'llt Se<'lll'ities owned __
Other Stocks and Bond~ owned _____ _ Ranking Hous-e and l . ot ___________ _ Furniture and Fixtuns ____________ _ OthPr Real Estate ow'tlPd _________ _
Cash in Yault and .Amount <htC' from approved Ht>:wrvp ~\gent~ ________ _
Cherks for Clearing and due from other Banks --------------------
OCvaeshrclrlatrf-trsns __-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
.\dvanre on Cotton and otlar Commodities -------------------------
Cu~tonwrs' Liability on l . rtters of f'rrdit and Acceptances ________ _

Xonr
c\~,tiOO.OII
4,530.00
~Olll'
2.2:i0.00 18,852.50
521,2~5.'iti
8,747.49 X one
1,G74.gg
X our
~Ollt'

LIABILITIES: Capital Stock _____________________ $

CapiLal Xotrs ---------------------~urplus Fund ---------------------

l'ndivided Profits -------------------

Hto:-<Prve Funds ---------------------

nne to Banks ---------------------TliYidends Unpaid _________________ _

(~ashier's Checks

_ -------------

Cl'rtifirrl Checks _________________ _

Tlt>mand Dt>posits _________________ _

Time Certificates of Deposits ______ _ Sayings Deposits _________________ _

Letter;;; of Credit and .:\.rnptatH'cs t-xcc1:ted for ('ustomf'l'S _________ _

Hill~ Payable ---------------Sotes and Rills RPCli~conntecL _____ _ 01hLr T.iahilith~:-; _________________ _

73,0oo. 00 61,457.00 L>.ooo.oo 15,679.30
8,2lo.OS X nne X one
2,991.83 X one
482,290.01 nmo.l3
:lG0,768.26
~one
X one X one X one

Profit and Loss ------------------Othtr Jh'sourees ------------------

~011('
1,1342.44

Total ________ -- ___________ -- ______ $ 1, 11~ ,4:12. G1

Total

STATEMENT

Showing condition at the close of Business Detemhcr 30. 1939, of the

CITIZENS BANK Ball Ground, (;a. As called for by the Superintendent of Bank~.

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

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

ItESOliRCES: Loan:-) and Diseounts _______________ $ State of Georgia and )lunic'ipal
Bonds owned -------- ___________ _ U. S. f'r0vernment Sevuriti<'s ownL'li __ Other Stocks and Bonds owned_____ _ Banking House and Lot __________ _ :Furniture and Fixture~ ___________ _ Otlwr Real Estate ownNL _________ _ Cash in Yault and Amount due from
appron:-d Re.wrve Agt>nts ________ _ Checks for Clearing and dUP from
other Ranks ____________ _
Ca,sh Items -----------------------Overdraft' ------------- ____ _ .\d\"ance on Cotton and other Com-
Jn{}ditie.s ______________ _
Customers' Liability on l . ettl"fs of Credit and Ar<ept,aiH'es ________ _
Profit and Loss ------------------Other Resources _________________ _
Total ------------------- _________ $

14,000.00
tH ,;;oo .oo
3,000.00 1.00 1.00
XDIH'
112,2R.':i.:1.')
~0.2:JH. 71 Xmw G:l.lll
Xolh'
Xont' Xont' ::\one
291,-113.62

LIABILITIES: Capital Stoek _________________________ $
Capital Xotcs --------------------Surplus Fund ____________ . ______ _
Lndiddet1 Profits ______ _ Hcservc Funds _______ _ Due to Banks _________ _ DiYidcnds Cnpaid __ _ Cashier's Checks Certified ClHcks Demand DepDsits __ . 'rime Certificates nf l>l']HJo;.it:-; _ Ba.vings Devosits __ Letters of Credit ancl .\C('l'ptances
exerutPd for f'11stomers _________ _ Bills Payable _____________________ _
Xotes and Bills Redi"('Ounted ______ _ Other JJiabilities __________________ _

13,0()11.00 X one
:i,OOO.Oil 18,832.1:.
114.26 X one
~one
X one X one l7t). 760.7:) 7.l,i:W.46 X one
X one X one X one Xo1w

Tutal _____________________________ $ 2H1. 1t:Ui:!

TWENTIETH ANNUAL REPORT

15

STATEMENT Showing condition at the close of Busine"s De<emher 30, 1939, of tht

BAXLEY STATE BANK Baxley, Ga.

As called for by the Superintendent of Bank~.

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

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

RESOCRCES:

f.oans and Disco~mts----------:--.---$ :-;tate of Georgia and _:\lltnH'tpal

r. Hso.nd(s;ono.wrnnem-dent

------- ---------Becurities owned __

Othtr ~torks and BonUs owned _____ _ Banking Honse and LoL __________ _

Furnitun and }..,i:xtures -----------Other Real }~-state owneLL __________.

rash in Ya.ult and ~\monnt due from .approred RLservt' i\gLnts ________ _

Checks for Clt>;uing and dut> from

otlwr Banks --------------------

('ash Jtt.~ms ----------------------

thrrdrafts ------------------------.\tlvan~~ on Cotton and other Com-

moditHs -------------- -----------Customers' I~iLlhilit.Y on Letters of
Credit and ~\L'nptances _________ _

Profit and Loss -----------------Other Resources ___________________ _

Total ----------------~------ ----~~$

~-lG. 71 i. 1:-t
xo~ll'
3,000.00 lO.(i/2.1:1
~OllP
:1.000.00
9.~00.110
198,% ~.~~
X one XonP
);()}]t;'
Xollt'
X one X one 200.00

LL\ HILITI!CS:

Capital ~tock ___

______________ $

Capital Xote-.; --------------------~urplus Funtl ____________________ _

l~ndiYidccl Profit~ ---------------HL'SL'rH' Fun(ls -------------------Due to Bauks --------------------Dividends rnpaid -------------------<'ashit>r's Cheek~ __________________ _ ('ertifiPd Checks __________________ _ Ihmand lleposih _________________ _ Timt> Ctrtifirate-..; nf Ihposits ______ . :--;a \'illgs Hcposit.s _________________ _
Ll'ttPrs nt' Crvdit and ~leecptances \'\:CC\Itld for ('u~tOlllCl'S ----------
Bill:-; l'ayahiL' _____________ _
.:\otes and Bills Hldbconnted ______ _ OthtT Liahilith-..; _ _ _____________ _

2-1.000.00 lH,OOO.OO 12,000.00
:1.79
Xone
~one
I ,2311.00 2,0:l6.2:J
Xone :!80,6-17.;)2
ti2.22R.41 71, 1SS.2;)
-:\"onp :\one X one Xmw

TnLtl ______ - -----

472.:-t:i4.18

STATEMENT Showing condition at the close of Bu~ine;s Detemher 30, 1939, of

THE BLACKSHEAR BANK Blackshear, (;a.

As called for by the Superintendent of Bank,.

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

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

RESOL'RCES: Loans and Discounts _______________ $ State of Georgia and :\[unidpal
Bonds O\VUt~d ------------------- _ C S. Government Hleuritles owned __ Other HtO('ks and Bonds ownc(i_ ____ _ Banking House and Lot ___________ _ Ji'urniture and ~l.xtures ___________ _ Other Real Estate owned _________ _ \ash in Vault and Amount due from
apprmed Re~wrve Ag-ents Checks for Clearing and due from
other Banks --------------------rash Ittms ________ ---------------Orerdrafts __________ -- ____________ _
.\.dvance on Cottun and other Commodities -------------------------
Customers' Liability on Letters of f'redit and Accept,anees ________ _
Profit and Loss -----------------Other Hesourcrs __________________ _
Total -------------- --~---- -- ------ _$

XcHll'
);'one :l,OOO.OO
~one ~.3n7.oo
!1,000.00
::?::?.i.l.iO.l~
:L461.27 :'\one X one
X one
Xone
Xonr

LL\BILITIES:

Capital ~-Hock ---------------------$

Capital "XotPs

____________ _

Hurplus }"'und _____ -------------- __

('lHlivided P1ofits ------------------

Heser\'L' Fund:-; ---------------------
l>ue to Banks ---------------------llidtltnds rnpttid ('ashier's Chtcks __ .. _____________ _ Certified Checks ____________________ _

VPm.1JHI Thposit:--: __________________ _

Time ('t>rtifil'ate::-; of Deposits ______ _

SaYings lleposits _-----------------
Letters of ('n"<lit and .\ceeptanrt>:-.; PXL'l'Uted for CustomLrs _________ _

Hills l'ayable -----------~----------.:\ote:-.; and Bills Itedi:...colllltL<L _____ _ Otlwr Liabilities __________________ _

oO,OOO.OO
~one
30,000.00 64,681.02
None
~one
Xonp
:n 2.44
::\one
264,8~7.49 109,115.~7
X one
X one "X o n e Xoup
1~0.00

Total - ..------- ______________________ $

16

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, 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: 5-15-1987

RESOFRCES: Loans and Viscounts _______________ S;
:-\tate of Georgia <lllcl .\lunicipal Bonds ownL'tl ____________________ _
t. 8. Gonrnment Rt>furitics OWIH'(L_ Other Rtocks and Bonrls -owtwd _____ _ Ba.nking Honse and l . ot _________ _
FurniturP and Fixtttrt.>s -----------Other Real EstatC' 0\\"llf'd _______ .. r'a:-~h in Yanlt and .\mount due t'rnm
apnrovPd }{pserve Ag-ents Check:-; for ('}earin~ alld dne from
other Banks --------------Cash ltf'ms _________________ _ Overdrafts _________________ _
..:\dvanre on Cotton and otlwr Commodiths . ------------------------
('ustomers' l . iahilitv on Lt'lters of Crcdlt and A(TI.'iltaiH'l'S
Profit and I ..oss -- ___________ _ Other npsources ___ _
Total

7,1RI.lll !1,000.00
::\one !),77.1.00 2,9fi0.::i:-i
1.00
~IO,J:J2.11
.2,,~09.fl.) ~Ollt' ~orw
11,02:1.00
XolH \'one X one
li~u.r;;~l.on

LI.\ BILITIES: Capital Stod\ ------------------------$ C:_qlital ~otes --------------------Surplus Fund. ___ -----------------rnd~Yided Profit:-; ----------------Re~ervc Fundf-1 -------------------Hue to Banks ---------------------Ilividends l7upaiU --------Cashier~ Clwcl.;s _________________ _
Certified ('heckf{ --------------------lhm<Hlcl ])eposit:-; ------------------Time ('(rtifieates of HepoRits ______ _
1'-\avil!gs Depositc; _______ --------- Letters nf CrNiit and ~\cn'ptaiH'es
l'Xh'IJted for ('ustomcrs __________ _
Bill.-: P<t.YablP ----------------------\"(ltls and Bills Rrdis('ntllltl-'d _______ _ Othn Li<dlilitips . _________ _

1 o o . o o o . 00
4o.ooXoo.n00e
2U17.l!
ll.OOO.oo
X one 102.00 U1U" ...,- .. Xont-'
...... J,i ~1.15
:!:unn.on
~) 1,SX7 ,lj
X one X one X on{'
121i.7:~

Total

----------- ________ $ 11:!0.7:)fi.O~l

STATEMENT Showing condition at the dose of Bu,ine~ Dee.,mber 30, 1939, of the

:FANNIN COUNTY HANK Blue Ridge, Ga.

As called for by the Superintendent of Bank~.

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

W. E. HENSLEE, Cashier.
Began Business: G-6-1\116

R~;o-;011WES:

Loans and J)brounts -------- _!f. State of Ceor~ia anti )Junil'ipal
Bonds owned ________ _

F. S. tiovernment ~ecuritie:-: owned_ OthPr Htoeks and RmHls ow1w(L Han king House atHl LoL ___ _ Furnitun~ and Fixtures Other Rt>al Estatt ownPd __ Cash in Vault and Amount dnt> trom
approvrd Uc:wrvc .\l-!:l'llh Checks for Clearin~~: alld dttt from
oUwr Hanks _______ _ Ca,:-:h Items _______ _

0Yt>rdrafts __________ _

__ --~-

Advan<e on Cotton and other Com-

modith.':> _--------- Custonwrs' Liability on Lt'thJ':-: of
('rerlit anct .._\cccphltu'ts __

1'1ofit and Loss OtlHr RPsourePs ___________ _

100, II l.~li
71,1 jj .!ll 2k.OlHi ..iO
);onp
111,000.011 0,000.111) 11 '1 ~1.011
H7.1.l.i.72
21.1:1:;.;; l
.\'"Olll'
.:\one
~()Ill' ~Ollt'
:J,:J2G.OO

C'<t piLtl &Hock

LL\HILITIEH :

('apital Xote'-> Surplw:; Fund _____________ _

l'ndiridHl Profit-> __________ _

l{pserrf' Fund~ _" lluP to Hatlks ___ PiYi<lf'JHb lnpaid

____ _

('ashhr':-; Cht><'k~ ~-------- _ ('t~rtifivd ('heck:-:. ___________ _

Hlmaud Ih~posits _____________ ---

TinH_ Cer1ifica1Ps of Heposit:-- ___ _ Sa rin;2:s Vci10sits ________ _

Letters uf Credit and _-\cf'<ptan<t~ rxt-cutrd for ('u):)tonwrs _____ _

Hill' Pa.rabh -----------------~utc-< an<l Bills Htdiscountcd __
Othl'r Liahilitil-'s _______ --------

J.;,ooo.oo
1~.~00.00
:],000.00 J.2nl.OO
~one ~Oil{'
:\"one
1,:~02.62
:\one 1~ :;, 1ox.:~:~ :~ 1 .~!12.~:-\ Hi 1.:-i::.J.OU
X one Xone \"nne f>~.O l

Total

-$ 412,090.G:l

Total

. ---------~ _________ $ 41~.0~0.9:1

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

TWENTIETH ANNUAL REPORT

17

STATEMENT Showing condition at the close of Busine~s Dec..mlH'r 30. 1939, of
THE FARMERS HANK BI~the, Ga.
As called for by the Superintendent of Hank~.

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

T. :.\1. NICKLES,
Cashier. Began Bu~iness: 9-1-1909

HESOU\t'Ef':

J,oallS a:nd J)iscou.nts ---------------- :S. ~tat 12 of (;eor~ut atnl .:\lunkiJal
J~onds <lWiled ------------
1-. ~- (;ovt:>rnment SeL'IIritil'" ownfd __

Otlll'f Stocks and HotHls (1\\lli.'LL __ _ Banking House ~nd Lot ------Furniture and }~Ixturrs _____ _ Other Rral EstatC' owtwcl __________ _

('ash in Yault and Amount lluL' from aJ)IH'oved Jh>sern_, AgtHts __ _

('hl:'cks for Clt:aring and <hH from

othl'r Ranks -------
rash ltf-'111'-i ----------OYt>rdrafts ----------_\cinltH'P 011 Cotton :llld

othLr

( 'orn-

mndltit:\'i -----------
Customers' l . iability nil LPttcr'-' of f'redit and .Accept,atwts - ___ _
Profit anrl Loss ___________ _

OtlHr Hesources

Total

i .-.:' t-i:-i,). 1 :~
Jo.::JO.HI
~one ~01W
l.:iOO.OO 400.00 1-LJ.llii
X one X one
'i .-). ~~!I
:\Oill'
Xnnt' X one

LI.\RILITIE,_: Capital ,_to<'k ______________________ $
('apital Xotes --------------------Surplus Fnnd _____________________ _
rndividPd Profits -- ------------RPS('l'YP Funds -------- ___ _ Hue to Banks J)ividends rnpa-i~I---~-=~-- -~ _______ _
('a~hit>r'~ Checks __________________ _ Clrtifkd Checks ___________ _ IJrmand Depn-.;it-; __ Tinw Crrtifit'ates of lh'posits ______ _ ~aving:s ])<posits ___________________ _
Ll'tttrs of Credit <tlHl .\eepptalH'l'S l'XP<'Ittf'd for C11stonHr~ __
Rilh Payahil' Xotl-.; atHl Hills Htdistnunted __ Oth('r Liabilities

l->.000.00 X one
:;,ooo.oo
;)\12.01 XonP
::,143.3:l 2R.RO
~:34.fi9
Xn11c
:~:!.Hi4.27
2.>.000.00
l:i.i0~.-12
:\01\('
_:o.;Ulll'
Xon('
Xont

Total

--- -- __ , __ , _________ $

----

STATEMENT Showing eondition at th.- close of Busincs~ Deeembt'r :~0, 1939, of
THE COI\'IMERCIAL HANK Bowdon, Ga.

As called for by the Superintendent of Banks.

J. H. BARR,

M. L..JOHNSON,

President.

ca~hier.

Date of Charter, 9-20-1926

Began Dusiness: 9-20-1926

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

L0ans and Discounts __ ~ ~------ _____ $
:-;tatt> of Georgia and .:\lunic-ipal
Bonds owned _____ --------------
r. R. (;-{)\'f'rnmrnt fkcurities OWJl('(l__
Otlwr Htoeks anct Bonds ownetL __ _ Banking- Hou~e and LoL _________ _ Furniture and Fixtures ________
Othtr Heal :Estatt' owned ____ _ Cash In Vault and .\mount (1\u from
approrect Re~l'l'\'(' Agenb ________ _

1-l.:l:ill.OO ;::.GOO.OO
Xune
~.000.00 ~one
Xm1e
1:!H,:!:"iB.'i 1

LL\TIILITIES:

Capital Stock __________

__$

Capital );"ott>'-' _________________ ----

Surplus Fllntl -----------------------{"ndiridLd Profit:-; ----------------Reserre Funds ----------------------])up to Ranks --------------------Diddends l"npaid _______________ ('ashit>r'-; ('htcl.;s __________ _

<'trtifietl Checks _____ _ lkmalld })pposit~ _________ _

~3.000.00
X one 2o,OOO.OO
J2.onr..~:;
!,000.00
~one
~one
291i.5S X one
:!02.:~05.71

Chrck.o.; for ('lparing and due from ntlH'r Banks __________________ ---
('ash Items ____________________ __
0\'C'rdraftB -------------------- ---Adrance on Cotton ancl other Com-
modities ------------Customers' Liahility on Letters of
Credit and Aect>pt.ancts

XonP X one \12..17
."i,X:!:Li7
X one

Time ('prtificatl'S of Hl'llOSits _____ _
:-ia\"ings neposit:-; -----------------LPtters of Credit alHl .\ccpptanl'e8
PXPcutP.d for Custonwrs _________ _ Hills Payable ___________ ,_,.. _______ _
Xotes and Hills Rrdis<ountcd ______ _
OthPr Liabilities ------------------

17.81 :l.26
Xone
~Oil{'
X one X one
~OIIP

Profit and LoHs --------------. Other Re~wurces __________ -

X one X one

Total _.

---------------------- ___ $ ~s:;,4Rl.8S

Total ------------- ---------------$ 28:l,48l.8S

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

18

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 30, 1939, of

THE BRUNSWICK BANK & TRUST COMPANY Brunswick, Ga.

As called for by the Superintendent of Banks.

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

W. E. GEIGER Cashier. '
Began Business: 1889

llESOCRCES: Loans and Discounts ______________$

:State of Georgia and ::\Iunil'ipal

r

.

B<lnds owned -----------S. Government Securities

-------owned __

Other Stocks and Bowls owned ___ _

Ranking House and T..ot ---------Furniture and Fixtuns _________ _

OthPr nc~al Estate owned _______ _

Cash in Yanlt and ~\mount due from

approYccl Reserve Agents -----~-

Chccl;;:s for \learil1g and due from other Banks ___________________ _

Cash Items ________ --------------OvC'rdrafts _________________________ _

AdnllH'e on Cotton and other Commodities ________________________ _

CustonwrK' Liahilit,v on I~etters of Credit and AcceptanC'eS ________ _
Profit and Loss __________________ _

Other ResourCt'S -------------------

706,4:>2.34
l-l7 ,G21.4:J 174.fHi9.40 1S6,741.7B
3G.GOO.OO 8 ..100.00
38, lOG. II
5GH. l-!1.9\J
10,0S4.GS 2,:3:;>~~
,),_:J,J
X one
Xone
~one
3,000.00

'l'otal _____________________________ $ 1,823,492. 65

LL\lllLITIEtl:

-----------

('apital ~tock . _____________________ $ 2:>o .ooo.oo

Capital Xotes --------------------Surplus Fund ---------------------

so .oo:~o".oonoe

rndividhl Profit" Heserve Fund~ HllL' to Bank:-. __
lHviclclld"' rn11aid

s.:l93.9o :3,2!2.25
:ll4.86 4.612.00

Cashit>r's Check-; --------------------

19,772.90

Certifietl Cheek:-. _-----------------

428.68

lkmaud Ihpo:db

1 .02:.!.H09.70

Time (\rtificatt'" nf J)cposits ______ _

IG.483.1!

Savings lkpn:-.ib

t:n ..IJ7.2o

Ll'ttt.rs of CrLdit C!lHl AccPptaiH'L':-;

P~l'C'UtLd for Cu:;tomcr:-; _________ _

X one

Rills P:nahlP _________ -------------Xotcs ancl Bilb Htdh('nuntetL ______
OthPr LL1hilitks ___________ _

X one X one U!7.45

Total

- -----------.$ 1.823.492.65

STATEMENT Showing condition at the close of Business DecemiH'r .~0. 19.~9, of tht>

HARALSON COUNTY BANK Buchanan, Ga.

As called for by the Superintendent of Banks.

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

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

llESOl:l\CES: Loans and Discount:-~ _______________ $ ~tate of Georgia and .\Iunieipal
Bonds OWTIPd -------------------1). H. Government ::.;ecurities own{_d __ OthPr Stof'ks ~and Bonds owned _____ _ Banking House and LoL __________ _ Furniture atHl Fixtures __________ _ OtlHr Heal E8tatc owned ________ _ Ca:;;h in Vault and Amount due from
approved Reserve Ag-ents _______ _ Checks for Cll,aring and dup from
other Banks --------------------OCaveshrdrIateftms s _-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
.\dvance on Cotton and other Commnditit.'S _________________________ _
Customers' I~iahility on I.~etters of Cndit and AcCPPtanees ---------
Profit and Loss ------------------Other Resourl'es ------------------
Total -----------------------------$

88,388.63
X one !\one X one 1,100.00 1,100.00 230.00
336,8.)0.41
1.527 .n:~ :\'one cj2Q.l0
Xone
X one ?\one ::\one
424,593.07

LL\BILITIES: CaiJita1 Rtocl\ ------------------Capital ~otes --------------------Surplus Fund --------------------rndividcd Profits _____ .. __________ _
Heserve Funds --------------------Due to Banks __ _ J)iyiflend~ rntlaid ----------------Cashier~ Cheeks __________________ _ Certified Checks __________________ _
Demallcl Depmdts ---------~-------'l'imt- CPrtifiC'ate:-; of Depositf'> _______. Savings ])epo-.;its _________________ _
] . etters nf Credit and ~\t-eeptanees exeruted for Cu:-;tonwrs _________ _
Hills rayablt~ ___________ "-----------Xott>."i and Rill~ Hccli:-;cnlll\tecL Othu LiahilitiL''-'

10,000.00
~one
1:; .000.00 3.486.28 700.00 None 3,200.00 236.68 X one
:J:l3,840.69
~S.l79.42
;\one
X one :X one X one X one

Tutal --- ------- -------------- ___ $ 42l.:i93.01

TWENTIETH ANNUAL REPORT

19

STATEMENT

Showing condition at the close of BnsinP's December 30, J 939. of the Bl'E~A VISTA LOAN & SAVINGS BANK Buena Vista, (;a.

As called for by the Superint<'ndent of Bank,.

WM. C. WOOTEN, President.
Date of Charter: 9-22-188'i'

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

RESOl'H!'E~:

1~tnaant:e->

and of

Discmmts Geor~ia

_______________ $ and :\Iuui<"iJ1al

RolldS owned --------------------
1. ~. GOYC'rllDH'I1t ~t'('Ul'ilil':--. ().\Y!H"d __ _

Other Storks and Bfllld:--> uwnt<L ____ _ Jl,.anldng Hnusf' .and Lut __________ _

FurniturP and Fntnrt'<.:.

OthPr HPal Estate ownt>d __

rash in Yanlt and Amount duv from

apJHortd Hc~crn .\gtllt"

Chetks fnr Ckarinp: a11rl dnt from

otill'r Hanks __

('ash Items --- -----

OHrdrafts -----------

---------.

.\<h<llH'l' 011 Cotton nnd l!tht.r Com-

nwditit's --------------

rustonwrs' Liability 011 Lcttl'l'"' (lf

('redit and Ac<'CPLlllC'es

l'rofit and Loss -----------------

Other Rt>sources -----------------

Total

1(i~.23t\ ..l-t
14,./fil.flO
:uoo.oo
R.~30.00
2,000.00
~7H.9:l -t.~.)'j. 'j~
~()Jl('
Xonf :\nne
"XOill' "XOlll' XOll('
29~.7Rfl.2l

LL\RILITIES: Capital Stnrk _____________________ $
Capital ..\"(Jtt>~ ---------------------~ttrplu:-< Fund -----------------------1-ndivided Profits ________________ _ H(strn Fun(ls ___________________ _
DUL' to Hank~ _________ _ l>iYidetHls l 111l]lllid C'ashilr's Cl~tcks Certified ('lael.;s Tknwnd Deposits _________ _
TinH' Cprtifieatt>s of I>vposit:--; _____ _ ~tt\ing:s Deposits ________________ _
Letters of Crt>dit alld .\l'l't'PLtll!"l'S ext('llt('d for Customers _________ _
Bil1s Pay:tble __ ______ _ ----------Xntl'S and Bill:-; HLdist'(Jllllif'(L _______ Otlwr Liabilities ______ "' __________ _

:iO,OOO.OO
~nne
17,000.00 ::i,tiH\.82
~one
:lO,OOO.OO 65.00 +5_')()
~()ll(_~
140,,7l.7ii 70,1SI.IG ;.i;otlL'
X one :\"one );one
~nne

Total -------------- --- ----- ---- ___ $

STATEMENT Showing condition at the close of Business Detember 30, 1939, of

THE SHADBURN BANKING CO. Buford, Ga.

As called for by the Superintendent of Bank,..

MRS. KATE ALLEN SHADBURN, President.
Date of Charter: 1-23-1901

J. F. HAMILTON, Cashier.
Beg-an Business: 2-11-1901

ItEROl'HCES:

Loaiis anfl Discounts ---~--------- __ $

:-itate of Georgia and :.\lunicipal

Bon(ls ownptl --------------------
r. ~- Governlll.l'llt ~('('UI'itil's OWJl('(l__

OthL'r Htocks and Bonds owntd _____ _

Banking House and Lot _________ _

Furniturp and Fixtnr('s __________ _

Other Rral Estatp owtwd ________ _

f'aslt in Yault and ..AmolllJt title from

appron'd Hest'I'YL' .\gpnts

Cht('l<s ffJr ClParing aud dill' from

other Rauks ---------------------

Cash ltPms __

- ----------

Ovl'rdrafts ______ -------------------

.\dvanrP on ('ottrm and otlwr ('om-

moditits ___ ---------

rustoml'rs' Liability Oll Letttr:-' of

<'rcdit and A('l't'ptan<'l'S _________ _

Profit ;dld Loss ________ _

Otht'r HesourCl'S ___________ _

Total

---------------- _____ $

142,979.n
X one
~one
,l.lH7.;JO X one
4.:1\17.~:; -IO,~!J9.:lll
1Zl.+fi0.9H
XOllL' X one X one
f\,21~.00
X one 9,fHH\.2:i 2,734.00
3:lG, J:l3.S:i

LL\BJLITIEf\: Capital Sto('k _ -------------------$ Ca]Jital Xotcs --------------------~urplus Fund --------------------l~tHlidded Profit" ----------------Rlserre l ... unds -------------------Dut to Banks ------------------Hividentls Fnpaid _______ _
Cashier's Check::-; -------------------('prtifkd ClH-'f'ks Hemand DeptlSits _________________ _ 'l'inw Ct>rtificatrs of Dtpnsit::; ______ _ ~a rillgs Deposits __________________ _
Ldters of Cndit and Acceptances (':\l'('litt'd for CustomL'l'S _________ _
Hills Payable _______________________ _
Xotl's and Rills Rl'discounted ______ _ Othtr T.. iahilitiPs .. ________________ _

10,000.00
~one
1o,OOO.OO Nune
10,626.27 :X o n e Xone 421.65 None
1+7,014.88 6.RH2. 79
116,208.26
~one
Xone
~one
X one

Total

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

20

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business Dt'CPmhcr .30, 19.'~9, of

THE CITIZENS STATE BANK

Butler, Ga.

As called for by the Superintendent of Bank~.

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

L. R. ADA:\IS, Cashier.
Began Business: 9-..1-1926

REtlOl'RCES: Loans and Discounts _________ _

State of (~eorgia and :\lnnkipal BmiLls owned _________________ _

t'. H. C:overnment Seeuritits owned.__

Other Htoeks and Bonds o\\ nLd ____ . _

Banking House and I~oL __________ _

Furniture and Fixtures _____

_ __

Othtr Ht;-d Estate owne(L __________ _

('a:-h in Vault and Amount d1w frum al!{Hovt>d Reserve Agr-nts ______ _
( 'httk~ for Clearing; and d11t> from

otlwr Banks --------------------Cash lttms _________ _ Overdrafts ________________________ _

.-\.dvanee on Cottou and other Commnditits _________________________ _

Customers' Liability nu I~Pttl'r~ of Credit and ~\ect>i)tance:-; _________ _

Profit and Los:-5 Othrr Resoun'l'S

------* Total ---------------------~ ~

:),000.00 10,230.00
X one Xont>
1.00 1.00
107 .07:!.ti2
~~one
X one "X one
XOllC XOill'
X one
1!lfJ ,!!0 l.H I

Ll.\ lll!.ITIES: ('apital ~rock __ _______________ $

Capital :\ote-; ~urplu:-. Fund

rnrli dded Profit:-. lte~ern Fund:-- __ I> ttl' to B,tllk:-. __ _

HiYidt'lHis rnpaid ('ashkr's f'lwl'l.;.-;

Ct-rtifil'd ('IJLtk:-. Ih'mand lll'po-...,ih ___________ _

Timl' ('t-'rtifieatL':-1 of HL'!JOSits __ _

~a,in~~ HLp(l:-;it:->

_________ _

Ll'ttt>r:-< 11f ('ndit and .\t't'tptan<'l'"' L':\.L't'llttd for ('Jtstnnwrs ________ _

Bilh l'a.YahiL _ ------------------- _ :\"ntl':-1 and Bilh HtdhcountL(l_ _____ _
Otllvr Liahilitit-;

1:;,ooo.oo ~ LnoXoo.onoe
12~.40
X one X one 2.230.00 S6X.20 X one 1."1 I. :.):J.04 X one X one
X one X one X one 'X one

Total

---------- _$ 190.\101.61
-------------------

STATEMENT Showing condition at the close of Busines Dectmher ~0. 19~9, of tht

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: 7-26-1\l20

REsmnc~;s:
Loath and Discounts ______________ $
Stak of Ceorgia and :\IunkiiHil Ronfl:-> 0\\--nPd ---------------------
{', H. Gn...-einnwnt Se('urities own('d __ Otlwr f-Hocks and Bon(ls owtH'Li _____ _ BaH king House and Lot ___________ _ Furniture- and .Fixtures _________ _. Otlwr Heal Estatt' D\-Ynetl ________ _ Cash in Vault and Amount due from
apiH'ond He-sc-n e Ag-ents ______ _ ('htd\s fnr Clearing and due from
otlwr Banks ____________________ _
Cash Item<.; -------------------------Ovl'rdrafts ------------------ ___ .\dvann on Cotton and otlwr Com-
moditiLs _ -------------------- _ t'ustomers' LiabilitY on I~etters of
Credit and ~\I'Cti)t-atH'<'S ________ _ Profit and T,oss ____ .. __________ _
Other ResourCL'S -------------------
Total -----------------------------~

:n. 1~.so
SOIll'
XoJJe
Xone
1 .~00.00 600.00 Xo11e
1 ().,190.\1~ Xnnl :!ti. :):~
Xont
~011('
X one

Ll.\ BILJTIEH : Capital Stnd; _ --------------- _$ ('apital .\"nh,.; __ ~urplu,-;. l<'und l'ndivitled PrtJfits HLsenl' Funds - IJue t11 Banks Hivitknds l'npaid __ ('ashier's ( 1he<'l\s
<'ertifitd Cl!L'l'h:-; DPIIHllHI Dcp(::-;it:-~ Time t'ertifi<ate;-; nf HLposits ______ _
~aving-.; J)epo:->it::-.
LdtE'rs of Crl'dit and .\!'t'eptatll't'S t>XL'<'llil'd for ('ustomer:-> -----------
Bills l'a:vabll' ~- ________________ _
Sote.-.; and Bilh Hl'tli~lountl'd _____ _
Otllvr Liahilitil's

111.0-.0.!-\i

-

Total
--

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

1 :;,ooo.oo
0.X73.00
::.ooo.oo
L73~.7::i ~0.00 ~one
1,~00.00
fjfl.flj
~Oil(' fi.i.f)~7.08
1 :),:H)!:i.6X
~Oil('
X one Xone X one ;.;om
Ill ,0!0.46

TWENTIETH ANNUAL REPORT

21

STATEMENT Showing condition at the close of BusinPs~ D ..,~..mllt'r 30, 1939, of the

CAIRO BANKIN(; CO. Cairo, Ga.

As called for by the Superintendtnt of Bank,.

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

H. E. McKINNOX,
Cashier. Began Bu~iness: 11-23-190:3

RESOURCES: Loans and Discounts ________________ $

:-:tate of Georgia and :.'\Iunicipal

r.

Bonds owned S. Governme

nt

-----------------St'l'urities owned __

Other Stocks and Bonds owned. ____ _

Ranking House and Lot _________ _

Furniture and Fixtures ___________ _

Other Real E~tate ownPd -----------
cash in Vault "-tnd Amount due from approved Reserve A~(_nts -------
Checks for Clearinp; and d1u~ from

other Ranks --------------------

('a<Sh Items ------------------------

Overdrafts ------------- -----------J.dvance on Cotton and other Com-

modities -------------------------Customers' Liability on Letters of
Credit and Accept,ances ________ _

Profit and I~oss ------------------Other Resources -------------------

Total

158,419.02
5.511.10 16,342.17
1.00 7,000.00 2,000.00 4,000.00
273.618.04
12,966.20 X one
~one
83,:ll2.00
Xonr ::\one 35,706.38
900.87-J.!ll

LIABILITIER: Capital Htock ------------------Capital :\ote.-.; -------------------Surplus Fund --------------------rndivided Profit:-: ________________ _
Re~ern Funds -----------------DuE" to Banl;;;s ______ Di\"idend.s rnpaid ____ _ Cashier'~ Cht>C'k~ _________ _ Certifle<l Checks ____________ _ Demand Deposits _________ _ Time Ctrtifieate.-; of Deposits _____ _ Savings lll'posits _________________
Letters llf ('rectit and _\rceptancts exeeute-d for Customers _________ _
Bills Pa~>ahk ----------------------Xotes and Bill:-: Hetli:-;cmmted ____ _ Other lJiahilities __

:J:i,OOO.OO 19,400.00 1:1.600.00
919.84 .),400.00 2,000.00
~.800.00
846.0!; :i7.:JO
:~:;:J.H72 ..t 7
:!OB,929.6:~
:?.i;),H.iO.ll
X one
XOllt:
Xont
);onp

Total

STATEMENT Showing condition at the close of Business Dt>ctmlwr 30, 1939, of the

CITIZENS BANK Cairo, Ga.

As called for by the Superint..ndent of Banks.

IRA HIGDON,
President. Date of Charter: 12-:~-190:3

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

R};,.;outeEH : Loans and Discounts ______________ $ State of Georgia a.nd 2\Iunicipal
Bonds own<-d -------------------U. S. Government SecuritiPs O\VIW(L_ Other Stocks and Bond"R owned _____ _ Banking House and I~oL----~-----Furnituro and Fixtures _______ -----Other Heal ~~state owned __________ _ Cash in Vault ,and. Amount dul' from
approved Reserve A~Pnts _______ _ Checks for Clearing and due from
other Banks ____________________ _
rash Items ----------------------Overdrafts -----------------------Advance on Cotton and other Com-
mo{}ities -------------------Customers' Liabilitv on I~dtLrs of
Credit and AccelltatHr:-; - ______ _ Profit and I.~oss ------------------Other Resources ------------------
Total --------------------------- __ $

:X o n e
14,000.00
:uoo.oo
15.000.00 2.550.00
:n.9at.:1:J
:;,:n.t.5R Xonl'
273.:..;2
1:1,000.00
X one X one X one
;,:n ,3S:l.06

LIABILITJE.';: Capital Stock _____________________ $
Capital Xotes ___________ --------Surplus Fund __________________ _
l"lullvided Profits ---------------Heserve .Funds ___________ --------Due to Banks ____________ _ Dividends l'npald ________________ _ Cashier's Checks _________ ---------. Certified Checks _________ _
Demand Deposits -----------------Timp Certificates of Dlposits _____ _
Savings Deposits -----------------Letters of Credit and ..\.l'('epta nres
executed for Custonwrs _________ _
Bills Payable ---------------------:Xotcs anrl Bill~ Rtdiscounted __ Othl'r 1Jiabilities _

.)0.000.00 Xone
~.500.00
7 .5i>:~ 'jt) 19.946.99 10,000.00
~.000.00
9:12.68 -.:\one
2.~:1.909.24
67 .~22.;ir. 92,717.8:{
Xont> X one "X o n e Xont

Total

22

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, 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
RESOt:RCES: Loan~ and Discounts _______________ $
State of Georp:ia and .:\funiciJ!<tl Bonds owned --------------------
r. S. Government Securities OWllPlL_
Other Stocks and Bonds mnH'tL ____ _ Banking House and l . oL _________ _ Furniture and :Fixtures -------- _ Other Real Estat( owHed Cash in YauH mHl ~\mount lll!P fnnn
approvpd Reserve- Agents Cheeks for Clearing- and dUl' from
otlH~r Banks ___________________ _
f'ash Items ----------------------. Ovcrdraftg ---------------- ________ _ Advance on Cotton aud other Com-
modities _________________________ _
Customers' Liability on Lt'tters of Credit and AC('t:'ptantes _________
Profit and Loss __________________ __ Other Hesourccs __________________ _
Total ----- .. ----- - ------------------$

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

--~------. -~-- -----~----

LIABILITIES:

ln.tHo.OO 300.00 .X OlH'
lfi,OOO.OO
~.000.00 ~U.Oilli.OO
lti.l:!l.f\.1
1.2.):'1.17
);"{)Jl('
X one

Capital Stock

---------- __ $

Capital Xotes _____________________ _

~urplus :FmHl

________________ _

Fndivided Profits ----------------HDuers-crtvoe HFaunnkdss _-_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_--_

Jlividends l7nvaid

__________ _

Cashier's ChcC'kH -----------------

Ct>rtifiul C'hcC'k~

_________ _

Dt>mand Deposits ____________ _

Timt f'ertifirates of ])pposits _______ _

~aYings Deposits ________________ _

Letters of Crf'dit and ~\creptances Pxecuttd for Customers _________ _
Hills Payabh' _____ _

Xotes and Bill.'> Htdi."('OU!ltt>d ______ _ Other LiabilitiP~

~;; .ooo.oo
X<>ne X one 1.421.78 X one X one None 2,265.23
-"n., <):- ...~one 48.36 X one 6.754.39
X one X one ':\nne X one

:X o n e

X one

1.271.1.)

2n5.1Rfl.70

Total

------------ .. ____________ $ 2!l:J, 188.76

STATEMENT Showing condition at the close of Business December 30, 1939, of the

PLANTERS & CITIZENS BANK Camilla, Ga.

As called for by the Superintendent of Bank,.

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

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

HESOCI\CE;): Loans and Discounts _____________ $ Slate of Georgia and ~Iunicipal
Bonds owned ___________________ _
U. S. Government ~ccurities owned __ Other St-ocks and Bonds owned_____ _ Banking House and l~ot_ __________ _ Furniture and Jf'ixturt>s __________ _ Other Real Estate owned _________ _ Cash in Vault ~and Amount due from
approved Reserve .Ap;ents ________ _ Cheeks for Clearing and due from CaosthheIrteBmasnk_s__-_-_-_-_-_-_-_-_-_-"-_-_-_-_-_-_-_-__-_-_--_
Overdrafts ------------------------ _ Advance on Cotton and other Com-
modities -------------------------Customers' Liability on Lt>ttns of
Credit and Acceptances ________ _ Profit and Loss ___________ _ Other Resourees ____________ _
Total

10,000.00 1\one ::\one
(l,9:JO.OO 1.-l:JO.OO I :l,215.0il
H.i,192.08
11,122.R7
~Olll'
Notw
1 !l:).(i02.4ti
); OlH' ~one
S.3-lR.:l7

LL\ BILITII':S :

Capital Stot'k ----------------------$
Capital Xotes ---------------------~Urt)lus Fund ---------------------
rndivided Profits -------- --------Heservc Funds ____ _

Due to Banks -------------- ________ _ Dividends T:npaid ________________ _ Cashier's Checks _________________ _

Certified Checks Demand Deposits

.. ________ _ _________ _

Time Certificates of Dl'{JOsits ____ _ Savings Deposits __________________ _

Letters of Credit and .AcceptanC'cs eXt'{'Utcd for C'ustonwrs __________ _

Hills Payable ----------------------

Xotes and Bills RLdiseountelL ____ _

Otlll'r I~iabilitiPs

_____________ _

2:i ,000.00 11,650.00 12,500.00
:i,208.32 3,543.94
.X one None 542.55 X one
26l,5S2.3~
14S,12:l.38 102,116.91
~one ~one
60,000.00 :X one

Total ------.----- _________________ $

TWENTIETH ANNUAL REPORT

23

STATEMENT

Showing condition at the close of Business December 30, 1939, 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

RESOT.:RCES:

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

state of Georgia and )lunicipal

L.Bso.ndGs oovwernnemden-t--S-e-c-u-r-i-ti-e-s-

-----owned

-__

Other Stocks and Bonds owned ______

Banking House and Lot _________ _

Furniture and Fixtures -----------Other Real };state owned _________ _

cash in Vault and .Amount due from approved Reserve Agents _______ _

Checks for Clearing and due from other Banks ---------------------
OCa"sehrdrIateftms s _-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_--_

Advance on Cotton and other Commodities -------------------------
Customers I~iability on Letters of Cr'edit and Acceptances ________ _
Profit and I.~oss ------------------Other Resources ------------------

388.321.55
218,680.12 68.500.00 97.400.00 27.818.00 974.00 34,432.92
567,931.62
406.53 X one None
None
Kane None None

Total -----------------------------$ 1,403.909. 74

LIABII,JTIES : Capital Stock ---------------------$ Capital Notes ~-~----------------- ~urplm; Fund --------------------l:ndivided Profits -----------------Resrrve Funds -------------------Due to Banks -------------------Dividends Unpaid ________________ _
Cashier's Checks -----------------Certified Checks -----------------Demand Del)Dsits ----------------Time CPrtifieates of Deposits ______
Savings Deposits ----------------Letters of Credit and Acceptances
cxerutcd for Customers _________ _
Bills Payahlto ---------------------::\otes and Rills Rediscounted ______ _ Other I~iabilities ------------------

150.000.00 Xone
150.000.00 38.014.77 4,500.00 24,466.95 189.00 128.43 23.50
665.259.28 103.850.55 267,177.26
X one None None None

Total _________ ------- _____________ $ 1,403,909.74

STATEMENT Showing condition at the close of Business December 30, 1939, of the
ETOWAH BANK Canton, Ga.

As called for by the Superintendent of Banks.

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

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

RESOCRCES: Loans and Discounts ------------ -$ State of Georgia and ~Iunicipal
B.onds owned ------------------U. S. Government Securitie-s owned __ Other Stocks and Bonds owned_____ _ Banking House and Lot _________ _ :Purni.ture and 1Fixtures Other Real Estate owned _________ _ Cash in Vault and Amount due from
approved Reserve Agents. ________ _ Checks for Clearing and due from
other Ranks --------------------Cash Items ------------------ _____ Orerdra fts ___ ---------------- _- ---Advance on Cotton and other Com-
modities ------------------------Customers JJiabillty Dn I.-etters of
Credit and Acceptances ________ _
Profit and Loss ------------------Other Resources ------------------
Total -----------------------------$

217,327.86
8".R69.62 10.200.00
None 12.000.00 2,235.00
None
172.570.49
336.83 None 138.48
None
None X one X one
423,678.2S

J,JABILITIES: Capital Stock ---------------------$ f 1apital Notes --------------------Hurplus }~und --------------------Fnrlivided Profits ________________ _
Rcse.rve Funds ------------------Due to Banks ------------------Dividends linpaid ______ . --------Cashier's Checks _________________ _
Certified Chccl{s ------------- -----Demand Deposits -----------------!im.r. C'ertifica~es of Deposits _____ _ ~anngs Deposrts -----------------Letters of Credit and Acceptances
Pxer-uted for Customers ________ _ Rills Payable _____________________
Xotes anrt Bills Rediseounte<L _____ _
Otlicr Liabilities ------------------

25,000.00 X one
14.000.00 836.65
2.404.00 X one
1.500.00 129.48 None
192,880.07 31.5R0.58
155.347.50
Nolle None None None

Total _____________________________ $ 423,67R.28

24

DEPARTMENT OF BANKING

STATEMENT Showing <'ondition at the dose of Business Dectmber 30, 1939, of

THE PEOPLES BANK Carrollton, Ga.

As called for by the Superintendent of Bank>.

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

L. M. Kl~G Cashier. '
Began Business: 12-1-1109

RESOl'RCES: T~oans and Discouuts ________ ~-----$
State of Gcor{ria ancl -:\Iunidpal

r

.

Bonds owned -S. Government

---------------Seeurities owned

-__

Other St<wks and Bond;-; O\Yilecl _____ _

Ranldn~ Hou;;;e and J. ot __________ _

Furniture and Fixtnres _________ _

01lu-r Real l:"tote ownC'd Ca1-;h in Val!lt ,anrl .\mount dut frnm
approved Resei'H' .\.gtnts

('llecks for ('harin)..!: and due from

( ' , aosthh eIrt e mB sa n k_s_ _ _-_- _- _- -_-_-_-_-_-_-_-_-_-_-_-_- _- - - - -

On~rdrafts _____________________ -----

.\dvarH't~ on f'otton and othl'r Commodities ________________________ _

Cut-itonwrs' LialJility on Lf'tters of CIedit and ArreptatH'f'~ ________ _
Profit and Loss ________________ _
Other Resourct3 _________________ _

Total

--------- ----~ ___ $

11,405.36 123,200.00
~one
:l4 .4~:i.90 1.00
Li, 1j:iJlft
X one 1H3.:i2
~OnP
:\Olll'
X one X one ;-;mw
~iR.:l4:i.79

LIARILITIEH: Capital ~tocl{ ____________________ $

Capital Xotes F u n d ~urplus

____________ _

\nrtirided Profit~ ____ _ HLservo Fund" ________ _ llue to Banks ______ _

DividttHis rnnaid, __ t'ashitr'~ Cherks
Cert~t'ird Clwcl;,:~
l)l'tnliiHl D(posits Tinw Certificates of lhposits_ Sarings Deposits _______ _

L-L1tlrs of Cndit and ,\eeeptant'l"c-; t->xtcutt>(l for ( n~\onwrs
Bill"' l':t.vablt> ______________ _

Xotls and Hills RPdiS('()tllltf'd __ _ Other Liahilitits

.:o .ooo.oo ~one
.:o.ooo.oo
h'_),.)~.~~.,)o.n9e~
~one
X one
~.200.2~ 27U.20
;'!1.161.39 X nne X one
X one Xonr Xont l.l72.0:l

Total

~ ~--------$

STATEMENT Showing condition at the close of Business De<'ember 30. 1939, of

THE COMMERCIAL BANK OF CEDAH.TOWN Cedartown, Ga.

As called for by the Superintendt>nt of Bank".

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

D. L. ROBERTS. J H.., Cashier.
Began Business: 12-11-1H89

JniSOI;RCF.R : Loans and Discounts ------------- _:j; State of CPorgia and ::\Iunieipal
Bonds owrwd ------------------{'. R. C~overnmPnt ~lcurities owned __ Other ::;tocks and Bonds owned____ _ Banking Honse and Lot-Furniturc
and FixturPs ------------------ __ Other Real Estate ownpd _________ _
<'ash in Vault .and Amount dur from approved Reserve Agents ______ _
<'hceks for Clearing- and due from othE'r B-anks ---------------------
('ash Items ---------------------- Overdrafts ------------------------.\dvancc on Cotton and oth('r l'orn-
moditie..'i _______________ "' ________ _
Customers' J.iahility on Letters of Credit and .Acct'Ptanc<'s ________ _
Profit and Loss __________________ _ Other Re-sourrP.s __________________ _

.t:uo~.:n ~lfi,l2l.!l(l
~ODL"
2.t,97i).4fi ln.J r:L2H
~lllti,on:;.4fi
17 ,12H.II.)
,),10.1:~ !iSl.~l
~Ollt'
~Ollf'
)Jone :X o n e

Tot a I _________________ -~ ___________ $ l.OX:i .~ 1!.11

LIA HI LITH;>; : ('apilal Rtock --~-------------~----$ f'allital ~otes -------- ___ _ :4urplus J<'und ___________ _ Cndivided Profits _________ _ Heserve },und~ Due to Ranks _______________
Dividends rnpaid Cctshipr's Cherks __ _ Certified Checks J)prnand Deposi1s Tinw ('ertificate.s of l>t>posits _____ _ Saving~ Htposits ________________ _
L('ttPrs of Credit c1nd ,\l'l'l'Ptanets exf'euted for Cu:.:;tomtrs
Bills Payable _________________ _
);otl's and Hills Rrd.iseountl<L _____ _
Otlwr Liahilitits --------------------

1 \0,000.00
~one
100,000.00 11.277 .:)7
~one
)lone !.22R.!i0 1 ,.\H9.69
None i 1jl ,022.611 I00.93R.7H :w~.I1;J7. 11
);om X one X one
~one

Total _ ~---------------------------~ l,OS3,nl4.11

TWENTIETH ANNUAL REPORT

25

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

STATEMENT Showing condition at the close of Business Dert'Inber 30, 1939, 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

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

RESOl'RCES :

Loans and Discounts ~-------------$ 17.616.43

~tatt' of Georgia and ::\Iunicipal

r.

Hso.nd(s;ovoewrnnemden-t-

--------Sl'('Urities

-

-----owned

-__

;\on~ ~00.00

Other ~tocks and Bonds owtH~Ll _____ _

X one

Banking- House and l..ot __________ _

~one

Furniture and Fixtures ___________ _

~one

Other Real Estate OWHL'd _________ _

1ti9.54

('ash in Yault ,and Amount dne from <lllJli'OYPd Reserve Ageuts _______ _

:11.670.:{]

Checks for Clearing and clue from other Hanks __________________ _

:l,\.) 1.:14

rash ltf'ms -----------------------0\enlra ft.s ------------------------Advance on Cotton and other Com-

"XOlll'
X out

modities --------------------('u~tomer~ Liability on LettL'l'S of
CrNlit and .Al'eevtam'ts ________ _ rrofit and Loss ____________ _
Othtr Rfsources _________________ _

~.O:!O.fl:l
X one 192.1 J
X one

TntH I __ -- -------- _------------- ___ $ 5J,420.'i2

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

LL\BILITIE:,l : Capital Stmk _______________ -------$
Capital Xotes -------------------Surplus Fund --------------------lR:nesdeirvviededFuPndrofi_t_s___-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_
DD iuvei d teon d sB arnnkps a i-d - -_-_-_-_-_-_- _- -_-_-_-_-_-_-_-_-_-_- -_
Cashier's Checks ------------------Ci:'rtified Cherks __ ---------------- _ llpmand Deposits ----------------Time Certifi{'ates of Deposits _____ _
N;ning-s Ih.Jwsits -----------------Letters of Credit and .\cceptances
t'Xe<'uted for ( ustomers _______ _ Bills l'a.vable ____________________ _ ~otcs and Rills Ht:'discounted _______ _ Othn T. iahilities ______________ _

].),000.00 X one X one X one X one X one XDne X one Xonp
HH20.72 Xoue X one
X one ?\one
XOill'
X one

Total

. ______________ $ !)j,-!:!0.72

STATEMENT Showing condition at the close of Business December 30, 1939, of the
COHUTTA BANKING COMPANY Chatsworth, Ga.
As called for by the Superintendent of Bank,,

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

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

RESOCRCEH: Loans and Discounts _______________ $ ~tatt of Georgia and :.\Iunidpal
Bonds owned --------------------
r. S. Government Securities O\vned __
Other Storl{S and Bonds owned _____ _ Banking House and Lot ________ _ Furniture and Fixtures ___________ _ Other Real Estate owned ________ _ Cash in Yault and Amount due from
approved Rest'-rve Agents _________ _ Checks for Clearing and due from
otht-r Banks --------------------Cash Items -----------------------Overd:r:a fts ____ -- --- __ -- ------------~\dvance on Cotton and other Com-
modities ------------------------rustonHrs' Liability on Letters of
Credit and Acreptances ________ _
Profit and Loss -------------------Otlwr Resources ------------------
Total _____________________________$

109,378.91
41,500.00 7.500.00 !\one 2,000.00 1,:JOO.OO 500.00
12.).402.8.)
~one
X one 10.17
X one
X one "XoiH' X one
287.991. 9:J

J.IAB1LITIES: Capital Sto<k ----------------------$ Capital Xotes ______________ _ Hurplus Fund _________ ----------lTndivided Profits ________________ _
Hcscrve Funds -------------------Hue to Banks -------------------Diridends Cnvaid _________________ _
Cashier's {'herks -----------------('ertified Checks __________________ _
Demand lleposits ----------------Time Certificate~ of Deposits _____ _ ~avings Deposits -----------------Letters of Credit and Acceptanct>s
executed for Customers ________ _ Rills Pa~ahle --------------------Xotes and Bills RedbHount(~tL _____ _ Other I~iahilities ------------------

18,000.00 10.000.00
2,000.00 634.0,)
2,000.01) X one X one
521.14 None
188.029..~2
~2.408-Rl
34.398.5S
X one X one X one :X o n e

Total _____________________________ $ 287,991.93

26

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, of the

BANK OF CHICKMAUGA Chickamauga, Ga.

As called for by the Superintendent of Banks.

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

W. H. ED~ARDS, Cashier.
Began Business: 5-10-1910

RESOURCES: Loans and Discounts _______________$ State of Georgia and Municipal
Bonds owned -------------------"(;". S. Government Securities owned __ Other Stocks and Bonds owned______ Banking House and L-ot ----------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 ------------------
Total _____________________________ $

151,835.81
None 54,968.50 11,800.75
8,044.00 2,222. 74 10,811.98
84,464.00
None 354.87
None
None
None None None
324,502.65

LL-\.BIJ.ITIES : Capital Stock ---------------------$ Capital Xotes --------------------Surplus Fund -------------------Undivided Profits ----------------Reserve ~~unds -------------------Due to Banks --------------------Dividends Unpaid ----------------Cashier's Checks -----------------Certified Checks -----------------Demand Deposits ----------------Time Certificates of Deposits _______ _
Savings Deposits -----------------Letters of Credit and Accpptances
executed for CUstomers ________ _
Bills Payable --------------------~otes and Bills RediscountP<L-----Other Liabilities ------------------

25,000.00 Xone
12,5oo.00 4,761.44 3,423.05 None 1,250.oo 377.19 None
139,259.44 soo.oo
137,131.53
X one X one None X one

Total -----------------------------$ 324,502.65

STATEMENT Showing condition at the close of Business December 30, 1939, of the

FARMERS & MERCHANTS BANK Chipley, Ga.

As called for by the Superintendent of Banks.

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

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

RESOURCES: Loans ,and Discounts _______________$
State of Geor~ia and Municipal Bonds owned --------------------
t:. S. Government Securities owned __ Other Stocks and Bonds owned______ Banking House and Lot ---------Furniture and Fixtures -----------Other Real ~;state 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 ------------------
Total -----------------------------$

162,436.19
9,500.00 22,775.00
5,000.00 1,700.00 1,200.00 6,201.00
122,453.67
21.48 None None
~one
None None None
331,287.34

LIABILITIES : Capital StDck ---------------------$ Capital Notes --------------------Surplus Fund -------------------L'ndivided Profits ----------------Reserve Funds --------------------Due to Banks ---------------------Dividends Unpaid ----------------Cashier's Ch.,ks -----------------Certified Checks -----------------Demand Deposits ----------------Time Certificates Df Deposits _____ _
Savings Deposits ----------------- .. Letters of Credit and Aeceptances
executed for Customers _________
Bills Payable --------------------Notes and Bills Rediscounted ______ _
Other Liabilities ------------------

25,000.00 19,000.00
8,000.00 2,051.06
None ;I! one None 3,092.31 None 205,412.70 40,383.66 28,347.61
None None
~one
X one

Total -----------------------------$ 331.287.34

TWENTIETH ANNUAL REPORT

27

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

STATEMENT Showing condition at the close of Bu,inc's December 30, 1939, of the
HABERSHAM BANK Clarkesville, Ga.

As called for by the Superintendent of Banks.

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

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

HE>'Ol"HCES:

Lo<illS and Discounts --------------* State of Grorgia and )lunicipal
Bonds owned -------------------1". S. Government Securitie:-. owned __ Other :Stocks and Bonds owlled _____ _ Banking House a~d Lot --------Furniture and Fixtun's ____________ _
Other Real J<:state 0\Yll(d _________ _

cash in Vault and .\mount due from appron~cl Heserre Agenh
Checks for Clearing ~IJHi dlH.' from other Banks ______________

rash Items ------------------------ -

Orerdrafts -------------------------

Adranee on Cotton and other Com-

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

Customers' Liability on Letttr:-; of

Credit and Acceptancts ---------

Profit and Loss

____________ _

Other Hesource-s ____ _

Total

________ $

80,040.GG
l'l.400.00 :l7 ,K~O.OO
Xone4,.)00.00
1.00 1.300.00
J 3 I ,-166.4~
X one X one XonL'
X one
:X o n e
X"Olll' ~ornt
~XH.75R.OR

LIABILITIES: Capital Stock ______________________ $
Ca11ital Notes ------------------- Surplus Fund --------------------L"ndivitled Profits _________________ _ RrsPrve Funds ___________________ _
Due to Ranks --------------------DiridE"nds. rnpaid -----------------Cashit>r's Cheeks -----------------t'ertified Checks ------------------De-mand Deposits ____________ _
TinH' ('ertificatP'-' of Deposits ______ _ ~a\iugs Deposits -----------------Ldters of Credit and _\('revtaiH'e:-;
executed for Custnmns ________ _ Rills Payable ____________________ _
Xotes and Bills Rrdis('nunted Other Liabilities __ _____ -------

2.).000.00 X one
.).000.00 1,323.48
X one Xmw 1,000.00 J:lR.O\l Xmw UH.OI'l.R:l 3,622.18 122,458.50
X one X one Xone X one

Tntal

STATEMENT Showing condition at the close of Bu,iness Dcct>mber 30, 1939, of
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: 7-1-35

RESOl:RCES: L()ans and Discounts ________________ $
State of l;eorg-ia and ~Iunil'ipal Bonds ownPd ---------------~ -----
r. R. Government Securitie:-. owned __
Other Stock-; ,and Bonds mvnPlL __ _ Banking House and Lot_ ___.________ _
Furniture and :Fixtures. __ _ Other RPal Estate owned __________ _ Cash in Yault and Amouut (hll' from
aJllH'OVt:d Heserre AgC'nH ______ _ Checks for Clearing- and due from
other Banks --------------------Cash Items ----------------------Overdrafts ________ --- _-- _- -------Advance on Cotton and other Com-
modities ____________ -- _____ -- ___ _
Customers' Liability on LPtters of Credit and Aecevtances
Profit and Loss -------------------Other Resources ________ _

122,219.50
XOlll'
:X one X one :l,l:JO.OO
1.00 f)75.82
SG.77R.~1
1G.117.4S X one
160.()(;
X one
Nnnt: X one :X orne

LL\ R!LlTII,,.;: Capita I ~toek ____________________ ._$ Capital Notes _____________________ _
::o;urplus }~uud ______________ _ rndivictcd Profits _____________ _ Resrrrc ~~lllH}s __________________ _
Due to Ranks --------------------Dividends Fnpaid ________ _ Cashier's Ched;:s ________________ _ Certified Checks ___________________ _ nemand Deposits _________________ _ Time t'ertificatt:s of DL']losits _____ _ Savings Deposits _________________ _
Letters of Credit and ~\c<eptances executed for Custornt'rs _________ _
Bills Payable ------------- _______ _ Xotes and Rills Rediscountl<L _____ _ Other Liabilities ______________ _

20.000.00 X one
:J,OOO.OO 4.262.41
X one X one ti7 .;JO 1.249.11
~one
!Go. H0.92
:i~iA12.'i'fi
X one
X one X one X one XonP

Total _____________________________ $ 229.l:l2.70

Total -------------------------- __ $ 229,l:l2.70

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

--------

28

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, of the

BANK OF CLAYTON Clayton, Ga.

As called for by the Superintendent of Banks.

J. C. DOVER, President.
Date of Charte1: 6-30-1904

T. A. DUCKETT Cashier. '
Began Business: 7-1-1904

RESOl"RCES: Loans and Discount~ ______________ $
State of Geor).!"ia and :'lluniripal
Bonds ownrd __ -----------------P. ~- GovPrnmLnt Securities c,wnect __ Other l:-5torl\:S and Bonds owned ___ _ Banking Hou~e anti Lot ----------Furniture and l'ixturPs ---------Other Real :~<:.state owned ________ _
Cash in Vault and .\mount (hie from approved Rt:"SCI'H' .\j!ellt:-> ______ _
Cheeks for ('lt>arillg- and dup from other l~anks ---------------------
Cash Items ----------------------0\"erdrafts -----------------.\dvatwe on Cotton and ntlH'f ( 'orn-
modities ------------------ _____ _ Cus'tonwr~' Liability on Lt>tters of
Credit and .\ccpptall('t'S _________ _ Profit and Loss ______________ _ Othtr Resources ______________ _

Total

--------. ~~ ------ ___ $

:\0.948.10 S,tl25.60 X one
:uoo.oo
1,100.00 600.00
221.620.98
X one X one 2! 1.40
X one
X onE'
~()TI('
X one

U.\BILITIES: Capital "tock ---------------------$ Capital ~oiL'S ---------------------~nrplu:i Fnnd -------------------{~ndivicled Profits _________________ _
ltf'srrYL' .Fun<.is ------------------Due to Hanks ____ ----------------IHridt:>JHis rntJaid __ .-------------f'ashipr's Clwcks ----------------<'Prtified Checks _______ ----------Hemand Devoslts _________________ _
Time Certificates of ]hpo.-;its _____ _ Sovings Deposits _______ ----------Letters of Credit and .-\CCL'l)tances
t>XL'('tttc<l for Custonwrs _________ _
Hills Payable --------------------.\"otes and Bills Redislotmtl(j_ _____ _
Otht_.r Liabilities ----------

2:>.ooo.oo t'i.ooXo.oonoe
i .:>~6.32
~one
X one X one :.!,t)tHi.56
l),)j.90 3l\1.7i~.l5
X one X one
X one
~one
X one X ntH

Total

-------'1~ 410,1).'-t~.f\.)

STATEMENT Showing condition at the close of Business Det,.mber 30. 1939, of the
STATE BANK OF COCHRAN Cochran, Ga.
As called for by the Superintendent of Bank~.

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

L. S. LEACH,
Cashier. Began Business: 1-5-1922

RESO!"RCES: LoanH and Disc-ounts _______________ $
~tate of Geor~ia arHl ::\lunicipal Bonds O\VIled -------------------
1.:. ~. Government 8Peuritit's 0\,'1H'tLOther Storks and Bonds <nnwd _____ _
Ranking House and Lot ----------l<'urniture and Ji'ixtures __________ _
Other Real Estate owtwd --------Cash in Vault and Amount aue from
a})JJroved Reserve Agents __ Checks for Clearing- and due from
other Ba11ks ------------------Cash Items ----------------------Overdrafts ________________________ -
Advanee on Cotton Rnd other Commodities -------------------------
Customer-s' Liability on LettHs of Credit and AceeptatHes _________ _
Profit and Loss -------------------
* Other Resources ------------------
Total _____________________________

11:J..J~l0.3:l
,;,ooo.oo
1)0.400.00 J:;,:i\17.4() 2.000.00
1.00 X one
1!< ,193.:1~
~.;:'i7 ;:;,;:;:~ ~on~
X one
:\Oil('
X one X one
~on'='
:H 7, 199.90

LLUI!LITIES : <"apital Rtol'k ----------------------$ ('a pi tal ..'\otes ------------ ~------- :o;urplus Fund ---------------------l~ndividecl Profits ------------------
~~~t'rt\~~ B~~~~~~ --~~~~~~~~~~~~~~~~===
IHvidf'IHis rnpaitl --- ---------Cashier's Checks -----------------Certified Checks _________________ _ Uemand Deposit~ ________________ _
Tinw Certificates of J)ppo:-;its _____ _ Savings Dcvosits _________________ _
Letter~ of f'r('(lit and Acceptances PXt'CUtl-'d for Customlrs _________ _
Bills Payable --------------------Xnte~ ,and Bills Rt>db.;{ounted _____ _ Other Liabilities __________ _

~3.000.00
X one 11.000.00
~.llR.IO
Xone X one IRO.OO
51~.7~ ~one
217 ,9 l ,j,29 X om
fJO,.t~Hi.ie
~one
X one
~one
XoJH'

Tntal

--------$ .147,1~9.911

TWENTIETH ANNUAL REPORT

29

STATEMENT Showing condition at the close of Business December 30, 1939, 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

REI';Ol'RCEH:

Loans and discounts ------------ -S

state of (;eorgia and .\lulli(ipal

c.

:Rond~
s. G

o\vned ovrrnme

nt

---------SeruritiPs

-----nwner

- L_

Other ::;tocks and Bonds ownetL __ _

nanking House and l,ot _________ _

Furniture and Fixttll'('S ------------- Otlwr Ht.al Estatf' owtH~d
('ash in Yault and Ammmt due from appron'd Restrn A~ents
('hecks for ('\paring and due from othrr Bank~ __________ _

('ash Items --- -------------------

Onrdrafts ---------------.\clvan_('~ on Cotton and otlil'l' ('om-

modttlt>s --------------f'u~tomers' Liability oll Ldttr:- uf
l'redit and .Ac<'eptaiH't':-> Profit and Loss

Other Resount:o,-.; -----------------

Total

1G.~Gl.96
::Sone X one
1.00 1.00 :\,H::!.OO
~Hl.ISS.ftl
XDill' Sone
Hll~.1JS
;\(Jlll'
X one
~one )\OJ){_
!7ti.O:fi.1l

LL\BILITIF.i' :

Capital Stock _____________ _

__ $

Capital ~otes

.Surplus }~und ------------

l.ndivided Profits

Heservc Funds _________ _

Due to Ranks _____________________ _

Dividend-; rnpaid ____ _

Cnshkr's f'lwcks ------ _ Certifil'd {'lle('ks Demand lleposits __ ___ __
Time CrrtificatPs of ltt'!Hl~it~- _ :-;a vings IJeposits _________ _

Ltttcrs of Credit :1 nd .\l'l'lpt:wl'l'S t:'Xt>Cutecl for Customn:-- __________ _
Hills Payable __________ _

Xnt(s and Bills Hediscounlid Otla_.r l..iahilities ________ _

~o.OOO.Oil
11,000.00
~:1.000.90
2.300.00 31.618.46
!!,:1fil.97
~one
1.0:17.83
~one
IR:l,577.1:J l !2~\.;)0:i.2;)
n~.:l9G.4 7
X one
~one ~one ~one

Total

______ $ 4 76.0:~7 .11

STATEMENT Showing eondition at the clo~e of Business December 30, 1939, of

C0Ll1MBUS BANK & TRUST CO. Columbus, Ga.

As called for b~ the Superintendent of Banks.

\Y. C. BRADLEY,
President. Date of Charter: 12-14-1871

JAS. A. LEWIS,
Cashier. Began Business: 1872

HEHOl'HCEH: Loan:-, and llis<'ounts ________ _ ~tate of Georgia aud .\IuHkipal
Bonds ow11ed ________________ _
r. S. Governnwnt Se<urith:-; owned __
Other Stocks and Bollds owHed _____ _ Banking House a-nd Lot _______ - .. Furniture and "Fixtures ________ _ Otht>r Ht.al Estate ownt(l _______ _
Cash in Yault and .\mount dut from approred Re:-;ern .\gtnt::;; _______ _
Checks for Clearing and dtH:' from otlwr Ranks _______ _
Cash ltt:'m~ _______ _
Ort'rdrafts -----------------.\dvan<'e on Cotton and other Com-
modities ____________ _
Customers' Liability on Lettlrs of fredit and A<'<'eptaJHts ___ _
Profit and Loss Othpr Resources ____________ _

~one <u9,oos.:J~I
ti32,.i40.RO -IH.4U.HO I Oll.39R.31
n.:l4:1.11
~02.614.1:3
12.010.:\.i Xnlll'
SO Ill'
~{)]1('
Xont IS .H:JLiH

Total ----------------------- _______ $ 9.351.91:l.:i0

LL\BILITIES :

Capital t;to<'lc ---------------- ____ $ S50.000.00

('apital Xote::; ____________ _

~OllP

Hurplus Fund -------------- rndivided Profits _________ _ Reserve Funds ____________ _

ti:iO,OOO.OO
1fl0,769.60
~17.743.82

Due to Banks ________ ----------- __ 409,'1~5.40

Dividends Unpaid ------------ ___ _

582.50

Cashier's Checks

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

1,937.90

C{'rtified Cheeks ------------------

2.896. 78

Dt'mand Deposits -------- _

3.870.3:12.26

Time Ct>rtifir1ates of lh'posit" _____ _ 3:38,173.88 8arings Dpposits _________________ _ 2,750,04U6

LettPrs of Credit and A<'('t-'lJtaJH'l'S executed for Customer~ _________ _
Bills Payable ___________ _

Xont> X one

Xote~ ,and Rills Redisrountl'd Other I.iabilities ___________

~one ~one

Total _____________________________ $ !I ,33 I ,9 J:l.:JO

30

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Busines December 30, 1939, of
THE HOME SAVINGS BANK Columbus, Ga.

As called for by the Superintendent of Bank,..

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

'vV. B. LANGDON Treasurer. '
Began Business: 4-1-1903

ltESOl:RCES: Loans and Discounts _______________$
State of Georgia and ~Iunicival Bonds owned -------------------
F. S. Government Securities owned __ Other Stocks and Bonds O\Yned _____ _ Banking House and Lot _________ _ Furniture and Jo~ixtures ___________ _ Other Heal Estate owned _________ _
Cash in Yault and Amount due from approvt:'d ItcserH .Agents ________ _
C'hPcks for Clearing and due from other Banks --------------------
OC avsehn l r aI tfet sm s_ _-_-_-_-_-_-_-_ -_ _- _- _- _- _- _- _-_-_-_-_- -.. -_-_ -_
Advance on Cotton and other Commodities ------------------- ______ _
Customers' Liability on Lt-'ttcr:-:. of Credit and AcceptanCE'S _________ _
Profit and I..oss _____________ _ Other Resources __________________ _

854,0-14.91
5G,41~.n2
HH,H:lG.GS
G::i,7~l3.~:~
;\one 7.900.00 S2,81:J.OO
70,1100.0!> );one "X nut
:\Dne );onp ~00. 00

,rota I ------------ ___ ------- _______ $ l,-H4.!l72. 71

LLUllLITIES: Ia pita! Stoek _____________________$

73,000.00

Capital XotPs --------------------

);'Oille

Surplus Fund --------------------Cndirided Profit;-. ________________ _

20,000.00 l~U'i32.2::i

Reserve Ftmch; --------------------

14,2!4.34

Due to Bank::-:. ---------------------

X one

Dividends rnp,litl -----------------

X one

Cashier's Chet'k:-> ------------------

2.219.75

Certified Checks ------------------

~~one

Demand Deposits -----------------Time C'ertifi(~ates ilf Itt>posit:; ________ _

X one XQne

Saving-s Depo,:,it::: ------------------ 1,2.';;6,-176.37

Letters of Credit and ~\('C't'l>tances

ext>cuted for Cu:-.torner:-; _________ _

X one

Bills Payable --------------------Xotes and Bilb Redi.scotmted _____ _

X one X one

Other Liabilitk:-; ------------------

!,.iOO.OO

Total

-------------------$ 1.414.972.7!

STATEMENT Showing condition at the close of Business December 30, 1939, of
THE MERCHANTS & MECHANICS BA~K Columbus, Ga.

As called for by the Superintendent of Bank.

JACK B. KEY,
?resident. Date of Charter: 12-14-1871

J. A. HARLEY,
Cashier. Began Business: 1872

RESOt:RO:i':

Loans ~and Discounts -------------* 1,91R,22l.R:l
bt:ate of Gcor;;ia and .:\Iunicipal

Bonds owned -------------------11. S. Government Securities {nvncd.--

5:-i,\.11 2.:-:iO
\l0.~7R.1~

Other Stoeks and Bonds owned_____ _ 107 .RGJ.2:l

Banking Honse and IJot ----------

RG.500.00

Furniture and Fixtures ----------Other Rpal Estate owned__________ _

2:l.300.00 X one

Cash in Vault and Amount dnc from

apl)r.oved Re~cne Ag-ent~ --------

Checks for Clearing and due from

other Banks -------------------- 1G5,17R.G~

OCvasehrdraItfetms s___-_-_-_-_-_-_-_-_-_-_-_-_-_-_--------_-_-__--_

l.GH.l:l 317.G9

Advance .on Cotton and .other Com-

modities ------------------------Customers' Liability on Letters of

1~,380.69

Credit and Acceptances _________ _

X one

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

X one

Other Uesources ------------------

None

Total _____________________________ $ 4,~50,470.97

LL-\.BILITmS : Capital Stoek _____________________ $ Capital ::-;ole:;; ___________________ _ Surplus Fund ____________________ _
endividC'd Profits _________________ _

200,000.00
X one
200,000.00 147.:ln9.64

Reserve }~unds ---------------------

2o,OOO.OO

J)ue to Banks -------------------J)ividencls Lnpaid _________________ _ Cashier's f'lH"rks _________________ _ Certified Cherks _________________ _

174,2:l:l.2:l 20,000.00 U,501.52 :J,222.R5

nemand Depo~it::; ----------------- 2,66!1,278.56

Time Ccrtifieatcs of Deposits _____ _

37.281.60

Savings Deposits ------------------ R60,588.51

Letters of Credit and 4\eceptanccs

executed for Customers _________ _

~one

Bills Payable --------------------'Xotes ,a_nd Rills Rediscounted _____ _

)lone
~one

Other Liabilitie:-; _________________ _

)lone

Total _____________________________$ 4,350,470.97

TWENTIETH ANNUAL REPORT

31

STATEMENT Showing condition at the close of Business December 30, 1939, 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-President Began Business: 1892

RESOt:RCES:

Loans and Discounts --------------$ state of Georgia and 2\[unicipal

C.Bso.ndGs oovwernnemden-t--S-e-e-u-r-l-ti-e-s-

-------owned __

Other Stocks and Bonds owned _____ _

Banking House and I.ot_ ___________ _

Furniture and :Fixtures __________ _

Other Real Estate owned _______ _

cash in Vault and Amount due from approved Reserve Agent:;; ______ _

Checks for Clearing and due from

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

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

modities ------------------------('uS<tomers' Liability on I..ett('rs. of
Credit and Acceptancts _________ _

Profit and Loss ------------------Other ResourCPS -------------------

Total _____________________________ $

342,586.07
~one ~one
1,510.46 1:i5 ,44 7.1:i
24:i. 75 121,457.37
54,699.41
None X one .:X o n e
X one
Xone-
X{llle
3,224.9R
679,171.19

LIABILITIES :
Capital Stock ---------------------$
Capital Notes -------------------Surplus Fund ---------------------
Undivided Profits -----------------Reserve Funds --------------------Due to Banks --------------------Dividends Unpaid ----------------Cashier's Checks ------------------Certified Checks -----------------Demand Deposits -----------------'l'ime Certificates of Deposits _____ _
Ravings Deposits -----------------Letters of Credit and Acceptances
executed for Customers ----------
Bills Payable --------------------Notes and Bl!Is Rediscounted ------
OtlHT Li,bilities ------------------

100,000.00 N(}ne
160,000.00 18,409.07
121,780.33 5,000.00 None None None None
183,281.50 90,700.211
None None None None

Total -----------------------------$ 679,171.19

STATEMENT Showing condition at the close of Business December 30, 1939, 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

W. N. NOELL, Cashier.
Began Business: 10-10-1935

RESOURCES: Loans and Discounts ______________ $ State of Georgia and )luniripal
Bonds mvncd -------------------U. S. Government Rerurities owned __ Other Stocks and Bonds owned _____ _ Banking House and Lot _________ _ Furniture and Fixtures __________ _ Other 1\e.al 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 __________________ -------
Customer;;' Liability on Letters of Credit and Acceptances _________ _
Profit and Loss ------------------Other Resources -------------------
Total -----------------------------$

15,836.99
~one
7,500.00 5,000.00
800.00 100.00 350.00
85.771.72
None
~one
1.75
3,635.22
None N{}ne 112.88
149,10R.56

LIABILITIES: f'apital Stock _____________________ $
f'apital Notes -------------------Surplus Fund -------------------Undivided Profits ----------------Reserve Funds ------------------Due to Banks --------------------Dividends Unpaid ________________ _
Cashier's Checks -----------------Certified Checks _________________ _
Hemand Deposits ------------------Time Certific.ates of Deposits ______ Savings Deposits -----------------}..,etters of Credit and Aeceptanees
executed for Customers _________ _
Bills Payable --------------------Notes and Bills Rediscounted _____ _ Other Li"bllities ------------------

15.000.00 None
10,000.00 8.27
None None None 175.50 None 105,858.74 18,066.05 None
None None None None

Total -----------------------------$ 149,108.56

32

DEPARTMENT OF BANKIKG

STATEMENT Showing condition at the close of Business Decemlwr 30, 1939, of tht

NORTHEASTERN BANKING CO. Commerce, Ga.

As called for by the Superintendent of Bank.

C. J. HOOD, President.
Date of Charter: 8-25-1891

SAM HOOD Cashier. ' Began Business: 1892

RE80l"RCES: Loans and Discounts ______________ $ State of Georgia and ::uunieipal
Bond:.. owned -------------------['. S. (;overnment Hecurities owned __ Other Htorl\s and Bonds owned _____ _ Banking House and Lot ________ _ Fnrniture and Fixtures __________ _ Other RPal .Estate {IWned ________ _ <'ash in Yault and ..-\mount due from
aJlproved Reserve .\gents _______ _ Cheeks for Clearing and due from
otlll'r Banks -------------------Cash Items ----------------------(herdraft::;. ------------------- _____ _ .\dvnnt'P on Cotton and other Com-
modities ______________ '"'---------Customers' Liability on !.etters of
Credit and Accpptances _________ _
Profit and Loss ------------------Other Resounrs -------------------
Total ------------------- __________$

IH.079.32
X one .X Gill' 4.750.00 .>.000.00 2 .G90. 2:1 11.2:11.21
107 ,tiOB.:JS
l.Hii.9S X one
5:14.99
l2l.fl02.2H
Xont
X one
X one
429.!:113.82

LL\BILITIES: <'apital ~to('].;: __ ----------------- Capital X ott's ____________________ _ Surplus Fund ____________________ _ lndiYickd Profit:- ________________ _ HescrH Funlb __________________ _ Due to Banks ___________________ _ llividend~ l'npaid __________________ _
Cashier'.:-; Cht'l'k-, -----------------('ertifit>d ('hecli:" ______________ _
Demand Dl'posits Timt' Certificate~ (Jf Ikposits ------- Savin).!;s llt'JJosit.-. Letters nf Crtdit and .\cnIJLIIH't.':-1
txecuted for ('u:-;tonlt.-'I'S _________ _ Bills Payahk ____________________ _
Xotts and Bill:-- Htdisl'nllnted Othtr Lklhilith-- __________ _

,.o.ooo.oo
:'ione 2.>.000.00
:J.S36.H X one
} _Xone- ..JOO.OO
:!--19.67 :n.21
2.i~l.~i6.8.i ~~.1)~9.6;;
X one
X onE' XoneXoneX one

Total

-. __ $ 42H,:l-1:LS2

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

STATEMENT Showing condition at the close of Busine'' Deeemher :~0, 19:~9, of the
CONCORD BANKIN(; CO:\'IPA~Y Concord, Ga.

As called for by the Superintendent of Hank,.

R. H. STRICKLAND, President.
Date of Charter: 10-29-1903

L. P. McKIBBE~,
Cashier. Began Business: 11-18-190:3

RESOl"RCES: Loans and Discounts ______________ $
State of Georgia and ::\[unieillal
r.Bondg owned -------------------
S. Government Securities owned __ Other Storks and Bonds owned _____ _ Ranking House and Lot ___________ _ Furniture and :Fixtures ____________ _ Other Real Estate owned___________ _ Cash in Vault and Amount due from
approved Heserve Agents ________ _ Cheeks for Clearing and due from
other Banks -------------------O("vasehrdraItfetms s__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_"__--_
Advance on Cotton and other Com. moclities ------------------------('ustomers' Liability on JJetters of
Credit and Acceptances ---------Profit and Loss ------------------Otht'r Resources ------------------
Tntal -----------------------------$

693.91 X one X one X one
1.000.00 4.400.00
70.963.01
406.72
~one
None
:X o n e
None X one None
l:ll.R72.90

J.L\BIJ.ITIES: Capital Stock ________________ -----$
Capital Xote:-; ---------------- :--;urplus Fund ________________ _
rndivided Profib --------------- __ _ Reserve Funljs ----------------- .Due to Banks ______________ _ Hividend"' rnpaid ________ _ Cashier's ('herk:-~ -- _________ _
Certified Che<'ks ------------- _ Demand J)epo:-;its ______________ _
Time Certifieate:-; of Deposits _____ _ Having-s Pepo::;its _________________ _
]_,etters of Credit and Acceptawps executed fDr ('u~tomrrs _________ _
Bills Payable --------------------Xotes and Bill:-; Rt!discounted Otht>r Liabilities __________ _

2.!.000.00 X one
12.:)00.00 GH:l.39
~one
Xone
~one
J:l.09 Xone 71.4S9.52 lll.IR6.90 X one
~one
);one
:\'Oill' ~one

Tot,al _____________________________ $ l:li.R72.90

TWENTIETH ANNUAL REPORT

33

STATEMENT Showing condition at the close of Business December 30, 1939, of the
BANK OF CONYERS Conyers, Ga.

As called for by the Superintendent of Banks.

W. T. BALDWIN, President.
Date of Charter; 11-25-1904

l\1. W. HULL,
Cashier. Began Business; 12-19-1904

HE~OCRCES:

1~toaatne:-;

and of

Di~cotmts
Georgia

_______________ $ and )lunidpal

nouds owned ------------------C H. (~oYernmtlH St..turitif's owned __

Other Stocks and Bonds owned ___ _ nanking- HousP and Lot_ __________ _

Furniture anU Fixturt:-; _____________ _

Other Heal Estate OWllt>lL _________ _

('ash in Yault and .\monnt due from appron~d Resent Agt>nts _________ _

rhe(J.;:s for t'l('aring- and due from

othtr Banks -----.---------------

('ash ltelll.'-' -----------------------

Overdrafts ------------------------.\dvan~~ on Cotton at1~1 other Com-

modJtlts --------------------------Customers' Liability on Letters of

Credit and Ae<"e}Jtanees ---------Profit and Loss __________________ _

Otht>r He~ouree~ _________________ _

Tot.11 ______________________________ $

11:\,H:U:J
4,000.00 12,500.00 11,04:1.2.}
~ ..;uo.oo
700.00 2,000.00
!16.186.8:1
1.707.3:l X one X one
X one
X one X one X one
2-16.110.84

LIABILITIES : Capital Stock _____________________ $
Capital Xotes -------------------Surplus Fund ____________________ _
lrndivided Profits ----------------Reserve Funds ___________________ _ nue to Bank:.:. _____________ _
Dividends rnvaid ----------------nashier's Clwcks -----------------CertifiNl Clw('ks --------------J)emand Deposits -----------------Time ('ertificatLs of ])eposit:-; ______ _ S~1vings ()(posits ----------------Letters of Credit and Arcevtances
executed for Customers ---------Bills Payable --------------------Xotfs and Bills Hediscounted _____ _ OtlH"f Lhthilitie-; -------- _______ _

~0.000.00 ~one
6,000.00 5,139.6:1 :l,OOO.OO
X one
~.000.00
14.40
:XOlll'
Jo7,54LOI
~R.7G2.21 14,H5:~.59
X one :X one 'X o n e Xont>

Total _____________________________ $ 246,110.84

STATEMENT Showing condition at the close of Business December .~0, 1939, of the

BANK OF ROCKDALE Conyers, Ga.

As ealled 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

RESOeHCES: Loans and Disrounts ________________ $

Statp of Georgia and :\Junicipal

r

.

Bond~
8. (;

owned orernment

---------Serurities

-------ownecL._

Other ;..;.tncks and Ronds owned _____ _

Banking Hou~l" and Lot_ __________ _

Furniture and :Fixture-s ____________ _

Other Rt>al Estate owneti __________ _

Cash in Yault and Amount due from approved Reserve Agents_________ _

Che<"l\s for Clearing and due from

other Banks --------------------Ca~h Items ----------------------(herdrafts __________ -- _-----------Adran('e o-n Cotton and other Com-
modities _________ - --------------Customers' Liability on Letters of
Credit and Acceptances _________ _

Profit and Loss ------------------Other Hesources _________________ _

100,876.09
14,579.68 8,:100.00 7,382.50 4,000.00 500.00 :J,ti50.00
Jl.\,644.26
:3,513.48 X one
2.470.09
X one -:\one
~~one

Tot a I _____________________________ $ 271,181.32

LIABILITIES : Capital Stock ---------------------$ Capital Xott>s -------------------Surplus Fund --------------------l-ndiriclcd Profits ----------------Reserve Ftmt"hs ------------------Due to Banks --------------------Dividends rnpaid -----------------Cashier's ('helks -----------------Certified Chelks -----------------nemancl Deposits ________________ _
Time Certificates of DevositiL _____ _
S.arings Devosits ------------------Letters of Credit and Acce-ptances
executed for Customers _________ _
Bills Payable --------------------Xotes and Rills Hediscounted _____ _
Other Liahilities ------------------

2;;,ooo.ou
Nome 25,000.00
1,109.81 None
~one
547.50 None None
178,240.89 30,564.75 10,718.37
:X o n e X one
~one ~one

Total ----0-------------------------$ 271,181.82

34

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, of the
FARMERS & MERCHANTS BANK Coolidge, Ga.
As called for by the Superintendent of Banks.

BOYKIN HARRISON,
President. Date of Charter: 12-18-1911

A. P. MEGAHEE Cashier. '
Began Business: 11-20-1911

RESOURCES: Loans and Discounts _______________ $ State of Georgia and .:\lunicip.al
Bonds owned -------------------U. S. Government Seeurities owned __ Other Stocks <lnd Bonds owned ___ _ Banking Hous.e and Lot_ ___________ _
Furniture a.nd Fixture~-------------Other Real Esta.tc owned _________ _ Cash in Vault and Amount due from
anvroved Reserve Agents _________ _ Checks for Clearing and due from
other Banks --------------------OravsehrdrIatfetms s__-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_--_
Advance on Colton and other Commodities -------------------------
Customers' Liability on Letters of Credit and Acceptances ----------
Profit and Loss ------------------Other Resourecs ------------------
Total _____________________________ $

37,186.15
X one 18,002.29
None 2,400.00 1,860.00 20.019.99
72,033.33
5,000.00
~one
X one
1.079.09
~one
);-one ::-lone
157,580.85

LIABILITIES : Capital Stock ---------------------$ Capit.al Xotes --------------------Surplus Fund -------------------Undivided Profits ----------------Reserve Funds --------------------Due to Banks --------------------Dividends rnpaid ----------------Cashier's Cheeks -----------------Certified Checks -----------------Demand Devosits ----------------Time Certificates of Deposits ______ _
Savings Deposit~ ------------------Letters of Credit and AcceiJtanres
exeeuted for Customers _________ _
Bills Payable --------------------~otes 'and Rills Rediscounted _____ _
Oth(r Li,abilities ------------------

25,ooo.oo 21,375.00
None 4,926.75 1,320.76
None None 212.83
~one
74,311.66 30,433.85
~one
~one ~one
)Jone X one

Total _____________________________$ 157.580.8;;

STATEMENT Showing condition at the close of Business December 30, 1939, 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

A. F. MUSSELWHITE,
Cashier. Began Business: 6-15-1927

RESOlJHCES: Loans and Discounts ______________ $
State of Georgia and :\Iunicipal Bonds o\vned --------------------
U. S. Government Securities owned __ Other Stocks and Bonds owned ___ _ Banking House and Lot ----------Furniture and Fixtures ____________ _ Other Real Estate owned__________ _ Cash in Vault and Amount due from
approved Reserve Agents _______ _ Checks for Clearing and due from
other Banks --------------------OCavsehrdrIatfetms s___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Ad'"nce on Cot\011 and other Commodities -------------------------
Customers' Liability on Letters of Credit and Acceptances ----------
Profit and Loss ------------------Other Resources ------------------
Total _____________________________ $

134,924.08
~one ~one ~one
None 4,500.00
None
330.612.77
7,302. 7l :X o n e 15.83
4,611.93
X one X one X one
481,967.32

LIABILITIES : Capital Stock _____________________ $
Capital Xotes -------------------Hurplus Fund --------------------l:ndivided Profits -----------------Reserve Funds -------------------Due to Banks --------------------Dividends Unpaid ----------------Cashier's Checks ----------------Certified Checks -----------------Demand Deposits -----------------Time Certificates of Deposits_____ _
Savings Der>osits -----------------Letters of Credit and Acceptances
executed for Customers ---------BilL< Payable --------------------Notes and Rills Rediscounted _____ _
Other Uabilities ------------------

25,000.00 Xom.e
7,500.00 2,638.04
X one None 56.00 2.135.64 None 346,4RO.OO 4:!,565.06 54,592.58
None None None None

Total _____________________________$ 481.967.32

TWENTIETH ANNUAL REPORT

85

STATEMENT Showing condition at the close of Business December 30, 1939, of the
FIRST STATE BANK IN CORDELE Cordele, Ga.

As called for by the Superintendent of Banks.

W. B. HALEY,
President. Date of Charter: 12-3-1938

C. C. SHEAVER,
Cashier. Began Business: 1-3-1939

RESOl"RCES:

J,oans and Discou_nts_ ----- ------.---:---$ ~tate of Georgia a ncl ::\[ullH'lJHil

C

Bso.ndGs ovoewrnnmedent--~-e-c-u-r-i-t-k-s-

-------ownecL_

Other Stocks 1ancl Bonds O\Vned ___ _

Banking- House . and Lot Furniture and, Fixtures ____ - --------Other Heal Est,att> O\\ned _________ _

(ash in Yault and Amount diH' from apJlroved Reserve Age-nts ______ _

('hecks for Clt>aring- and due from

otht'l' Banks -------------- -----

rash Items -------------------------

Orerdrafts ------------ ------------.\dvance on Cotton and othtr Com-

modities ------------------------Customers' Liability on Lett~rs of
Credit and Acceptances _________ _

Profit and Loss -----------Other Res-ources ------------------

Tot,tl ----------- ------------- _____ $

22:J,943.9:i
11.160.10 j .300.00
~one
20.470.30
:u7s.~:l
,)16.12
:l-~1.010.88
li,RI3.U H66.82 None
X one
:\one
X-one
Xmw
663.620.63

LUBILITIES: Capital Htock ---------------------$ Capital Xotes ____________________ _
~~~d~~:~~cl't~r~fit~-===~====~= =======-~
~D;~i;v~ied~~e~nedBs~~\U~~n~spa-i=d===_=_=_=_=_=_=_=_=_=_=_=_=_=__~_=~_=
Cashier's Checks -------------------Certified Checks __________________ _ Demand Deposits __________________ _ Time Certifieates of Deposits ______ _ Saving:-; Deposits _________________ _
Letters of Credit and .:\cecptanceR executed for Cu:-:;tonwrs _________ _
Bills Payable ______ --------------Xotes and Bills Rediscounted ______ _ Other Liabilities _________________ _

30,000.00 Xone-
1.),000.00 6.1R7.G9 6RIU9
2:~.310.-t:~
117.011 l.lSO.o7
X one ::Hl6,7:H.:34
nt,:nn.71 l:-i,J,7:J:J. 89
X one X one Xone :!H.(il

Total -----------------------------$ 66:J.620.6:1

STATEMENT Showing condition at the close of Bu,iness December 30, 1939, 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

RESOVI\CES: Loans and Diseounts _______________ $
State of Georgia and )lunicipal
r. Bonds owned -------------------S. Government SecuritiL'S owned __ Other Htoeks 1and Bontls owned ___ _ Ranking House and I.ot_ ________ _ Furniture 1and Fixtures ____________ _ Other Real Estate owmd ________ _ Cash in Yault and Amount due from
approvt>d Reserve Agents ________ _ Checks for Clearing and due from
other nanh:s --------------------OravsehrdIratefmts s _-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_--_
Advance on Cotton and other Commoditie-s ________________________ _
Customers' IJahility on Letters of Credit and Acce-ptances _________ _
Profit and I~oss ------------------Other Re-sources -------------------

:!G!l,G81.ti:1
S.7RIL91 ll3,I:l9.31i
XonP10,000.00
2.3:10.00 :n .ooG.4!l
123,330.33
;),26H.3~
fillH.36 ;)2. 7H
1 !l,R82.3f.
X one N-one 300.00

Total ---------------------- ________ $ 372.656.97

LL\BILITH;S: Capital Htoek _____________________ $
Capital Xntcs --------------------Surplus Fund --------------------{'tHlividcd Profits _________________ _
r;~l:L'r~(~ ::~~~~~-- -==~======~~=========
JHvideuds Lnpaid ________________ _
i:~;:~~~,~~:~ :~J:~~ll:~ ==~================
lh:mand Deposits -----------------TimP ('('rtifieatcs of Deposits ______ _ Sa\ings Deposits _________________ _
Letters of Credit and Acceptances executed for Customers _________ _
Bills Payable --------------------Xotes and Bills Iledlscountcd ______ _ Other J.iabilities ------------------

40.000.00 :12,4110.00 1() ,200.00
9,,)6~.4;) :i;"i.~;)
~one
XonP 2,179.74
None :W(i.9:i7.HH
31.58:1.3:) 139,732.33
None None None Nnne

Total ______________________________ $ 572,656.97

36

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business DeremhPr 30, 1939, of the
BANK OF COVINGTON & TRUST CO. Covington, Ga.

As called for by the SupPrintendent of Banks.

J. L. STEPHENSON, President.
Date of Charter: 4-4-1901

J. E. PHILIPS Cashier. '
Began Business: 4-1901

RESOC!tCEI': L-oans and Discount~ -------------- ~tatfl of (;eorgia and ::\Iunicipal
Bonds O\\"Ded ------------------ .. C. S. (KJvernmt>nt Securities ownP<L_ Other ~tacks anll Ronds OWIWd ______ _ Banldng- llouse and l . ot_ ____ -------Furniture and Fixtures ___________ _ Other Re>al Estate owlled __________ ('ash in Yault and Amount due from
apJHon.d Rest'nP .\gents _________ _ Clu'cks for Clearing and due from
other Banks ___________________ _
Ca.sh Items -------------------------Orndrafts __ - _____ --- _-- _______ .. -- .. .\dvance nn Cotton and oth(f Com-
modities ------------- ---------Customers' IJiabilit.'- on Lt:>ttl'r:-; of
Credit and A<'ceptaiH't:'S _________ _ l'rofit and Loss ------------------Otlwr Hesourre:-> _________________ _
Total -----------------

liO.fHI~).OO !82,017.1~
72,441.5:!
:\011('
l.l :JS.Ofl :!Ji00.7:!
":'\(Jllt' "\"()ll(' :\"Olll'
.\'"011('
,Xoul' "XOIH' :\Olll'

LIABILITIE~ : (';qlital ~tock _ -------------- ___ _ ('a pital "\"otcs Surplw-: Fund ________ _ l'ndhided Profits ________________ .. _
RLsel'VP Funds -------------------f)up to Banks --------------------l)ividt>IHls l~npaid __ - ___ -----------
('ashit:>r's Clwcks _----------------f'trtif1Pd Chtcks ___ ---- --- _______ _
llt'mand Hepor:-;its __ ---------------Time Ctrtifit'ati.s of Deposits _______ _ ~aYings Deposits __________________ _
Lettl't's of Credit and .\l'l'eptancts tXH'llted. for Custonwrs _________ _
Bills Paya hlP _-------------------Xotes and Bills Rt>dis('ountLd __ OthtT Liahilitils _

1oo.ooo.oo
r- Xone
-.000.00
~.~.. oogo"o.olol
X one
~.ooo.oo
:w:J.99 Xonp
797 ,0\lt).fl~ Xont
17\1 ,:;:~.).96
Xont :\"one Xonr ,, ):~-t.:J j

__T_o_u_d_ _ _ _ _ _ _ _ _ _ _ _ _ _ _-___$_l,l:J.i.~.itl.62

STATEMENT Showing rondition at the dose of Buin..~ Dercmlwr :~0, 1939, of

THE COMMERCIAL BANK Crawford, Ga.

A> called for b~ tht Superint..ndPnl of Bank>.

M. BLANCHARD, President.
Date of Charter: 9-2-1924

E. H. FURCRO:-;, Cashier.
Beg-an Business: 9-5-1924

RESOI'H('EI': Loans and Dbtmmts _______________ $ StatE:' of GPnn..da and .:\lunkipal
Bonds owned ___________________ _ t. S. Government Reeuritie~ owned __ Other Stocks ,and Bonds owned ___ _ Ranking- House and J..ot __________ _ Furniture and Fixtures ----------Other RLal Estate owne(L _________ _ Cash in Vault and Amount due from
approred Rlservc Agents ________ _ t'he('k-s for Clearing and due from
other Banks ______________ ------~
('ash Items --------------------Ort>rdra fts _______________________ --
.-\rlraiH't' o-n Cotton and nthl'r Cnmmoditit>t' ________________________ _
Customers' L.iability on LettLrs of C'rt>dit and Ar<'~Ptanees __________ _
Profit and Loss ------------------Other Hesources ------------------
Total _____________________________ $

"XOlll' "XOlll' "XOlll'
1.100.00 1,730.00
700.00
Xmw
Xollt' 1:-iO.I-\7
lli,5Rll.OO
X one
"XOlH'
X one 287,924.92

LIABILITIES: Ca}Jital S1o<'k _______________________ $
Capital Xotes . ------------------~urplus Fund ___________________ _
rndivided Profits ----------------lhserYt> Funds -------------------J)ue to Banks _--------------------HiYidentls rnpaid __ --------------('ashit>r's ('lH"l'k" -----------------Ct>rtifiecl Checks ------------------J)emand Deposits _________________ _
Time Ct:'rtifkate~ of Heposit..'-'------~aYings Ut>posits ------------------Letters of CrNlit and Acceptances
executed for CustomPI'"s _________ _ Bills Payable ____________________ _
Xotts and Bills RedistmrutetL _____ _ Otht>r Liabilities ________ _

l:i.OOO.OO 6.000.00 6,300.00
43.42 1.700.00
X one 176.00
ti7~.lij ~011{'
l~:J,291.07
1.6:12.30 !)6,603.ii
X om Xont>
:\OUt' ~ont

Total

TWENTIETH ANNUAL REPORT

:37

STATEMENT Showing condition at the close of Business December 30, 1939, of the

BANK OF CUMMIN{; 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 Busin('ss: 10-19-1904

RESOl:RCES:
Loans and Discou_nts ______ -----:--____ $ ~tate of Gemg1a and )lumetpal

r.Bso.ndGs

O\\lled --------------------overnment Securities owned __ _

Other Stocks and Bonds owlle<L ____ _

Banking House ~nd I~ot_ __________ _

Jo'urntture and FlXtures ______ _ Other Real Estate DWlll'lL _________ _

cash In Vault and Amount du<-' from approved Resene Ag-ents _________ _

Cheeks for Clearing a.nd due from
other Banks --------------------
('ash Items ----------------------Overdrafts ---------------------- --Advance on Cotton and other Com-
modities ____ ------------------ _--rustomers' Liability on Lettlrs of
Credit and Aeeeptancrs __________ _

profit and Loss ------------------Other Resource~ --------------------

Total ----------------------------

"X one
:..ooo.oo
3,000.00 o,IIOO.OO 2,000.00 14,700.00
lO:l.UHi.7.>
7,10~-~H
15.:i0 l:!2.:Hl
X one X one 1!.354.8R
2R6.4H.39

LIABILITIES : !"a pita! Stock ________________ -----$
Capital Xotcs --------------------Surplus Fund --------------------rHn.edsiPvrivdePdFuPndrosfit_s___-_--_-_-_-_-_-__ __--__-_-_-_--_
Hut to Banks ___________ -------IHdtlends enpaid -------------- _ ('ashier's Che-cks _ -----------------('LrtifiPd Cheek; __________________ _
Hpmand Dtposits ------------------Time Certifil'ates of !)(posits ______ _ Savings ])evosits _________________ _
LPttPrs of Credit and .\C<'l'IJtanC'es ext>cuted for Custonwrs ________ _
Bills Payable --------------------Xotts and Bills Rt~discount(<L _____ _ Other Liabilities -------------------

li\,000.00 1::.900.00 1 ~.000.00
~.026.(iO
2 ,:>77 .00 X one Xunt
:lliU.> X one
I Xif.:i87 .()!f
23.234.~-l 2t),7~~-21
Xone X one X one Xmw

Total

28il.1H.:l!l

STATEMENT Showing condition at the dose of Busines De<"ember 30, 1939, of the

CITIZENS BANK Cuthbert, Ga.

As called for b~- the Superintendent of Bank.

P.M. REID, President.
Date of Charter: 2-7-19:!8

W. E. CONEY, Cashier.
Began Business: 3-1-1938

RESOFR('};;; : Loans and Discounts ______________ $ ~tate of Georgia and .:\lunicipal
Bond:.~ owned _____________ -- ___ _
r. 8. Government Securitie-s owned __
Other Stoeks 'and Bonds ownNL __ _ Ranking- House and Lot_ ___________ _ Furniture and Fixture~ ___________ _ Other Real J<:state owned __________ _
Cash in Vault and Amount due from approved Reserve Age-nts_________ _
fherks for Clearing and due from other Banks ---------------------
Cash Items ----------------------Overdrafts _____ -- --- __ ---- ----- ---Advance on Cotton and other f'Dm-
modlties ------------------------Customers' Liabllity on Letters of
Credit and Aeeeptance:c _________ _
Profit and Loss ------------------Otht>r ResDurres ------------------
Total _____________________________ $

121,203.80
3.9~9.i:J 9,10.1.2~
X one 2,350.00 1,686.16
~one
86,81 J.:J2
U8i.67 X one
1.615.81
42,Hl.i7
X one X one X one
2i2,381.50

LL\BILITIES : Capital Stoek ---------------------$ Capital Xote-; ------------- _______ _ Surplus Fund _______________ _
rndivided Profits ------------------Hesrrve -Funds --------------------Due to Ranks -------~-- __________ _
Dividends Vnpaid -----------------Cashier's Checks --------------------Certified Checks ------------------Demand Denosits __________________ _ Time Certificates of Deposits ________ _
Savings Deposits ------------------Letters of Credit and Acceptances
executed for Customers ________ _
Rills Payable --------------------= Xotes and Bills Redis<'ounted ______ _ Other Liabilities _________________ _

23,0011.00 X one
10,000.00 :UO:J.91 :1,000.00
XOlH'
2,000.00 Hll.JO Xonr
216,25i.OH 12,007.41 X one
Xont Xont> X one
:\O!H'

Total -----------------------------$ 2i2,'lRL>II

DEPARTMENT OF BANKIKG

STATEMENT Showing condition at the cloe of Businc'' December 30, 1939, 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

1\ESOrRCES: LoauH arHl Ilisrounts ______________ $ :-;tate of Georgia and :\Innicipal
Rond:-; owned ________, ___________ _ L~. S. Government :--1L'('Ilfitks owned __ Other Stoeks and Bonds owllt>d ___ _ Hauking House and l,nt ----------Fnrniturc and Fixtuns ___________ _ Otlwr Real Estate owlled ___________ _ Cash in Vault and Amount due from
approved Reserve .\g-ents ___ -----ClHcks for Clearing and dill' from
other Banks _______ _ Cash Items ----------- _ Orerdrafts __________ _
.\dvaiH'e on Cotton and otlwr Commodities _____________ -----------
Customers' l . ia.hility on Li:'ttcrs of Credit and ArcevtalU'I_'s ______ ~----
Profit and }A)SS Other ltesourres ___________ "
Total --------------------- ________ $

1:~6,1Ji. HI
29.S78.S:l 22,800.00
~one
1.000.00 1.00
100.00
~.006.00
X one 28.Hl
X one
X one :\one X one
2Sii,807.4S

Capital Stock

LJ.\ RILITIES: ________________ $

Capital Xotcs ______ ------------------Surplus Fund _______________________ _

Cnclivided Profit:-) _________________ _ Heservc Funds ____________________ _

Due to Batiks

____________ _

Vividends rnpaid _ _________ _

Cashier's Chtcks ____ ---------~----

Certified Cherks _ -----------------Demand Veposits ________________ _

Time Certificates of Deposits--~----

Saving::; Deposits ------------------I~ettf'rs of Credit anct .\('Ct.ptan<'es
exe-cuted for Customers _________ _

Rills Payable ----~----------------~otf's and Rills Ht:dis(ounted ______ _

OthPr I~iabilitit>s -------------------

2.;.ooo. 00
.),OOO.oo ., ~one ... 618.63
"one X one X one 2tL'i.38 X one
lH.i.iH:Uq .)i),.)i9.:';f)
X one
X one X one X one X one

Tutal

STATEME~T
Showing condition at the close of Bu8ine" December 30, 1939, of THE BANK OF DALTON Dalton, Ga.

As called for by the Superintendent of Bank~.

W. C. MARTIN, President.
Date of Charter: 12-21-1911

JAMES J. COPELAND, Cashier.
Began Business: 10-12-1912

UESOU!tCES: Loans ~and Disrount.'L--------------$ ~tate of Georgia and )!unicipal
Bonds owned -------------------1". S. Government Serurities owned __ Other Stocks and Bonds owned_____ _ Banldng- House and Lot __________ _ Furniture and Fixtures ____________ _ Other ltPal ~~state owned __________ _
('.ash in Yault and Amount due from ,lliJlHoved 'l{cserve Agtmtfl _______ _
CheeJ.;:s for Clearing and due from
other Ranks -------------------('ash Items ----------------------Overdrafts ------------------- _____ _ .\dvanrp on Cotton and other, Com~
modities _________________ --------
Customers' Liability on I~etters of Credit and Acceptances __________ _
Profit and Loss ------------------Other Resources ------------------
Total _____________________________$

:!77.020.21
XonP
22.0~.i.R1
7 .ROO.OO 15.:JOO.OO
:J,500.00 :13.000.00
233 .9R l.ti:J
R_!:l9.7-l 7,29X.92
129.6R
X one
:\one
~one
X one
730,564.01

LL\RILITIES: C'apital Stork ______________________ $ Capital .Xotes ________________ _
----------------== Surplus }<'und __________________ _
rIntedsievrivdecdFuPnrodfsits -------------------Dut' to Ranks ____________________ _
nividends rnpahl ------------------
i:::h1~,~~r Fi~~~~: ~~=~~~=~====~~=====
Dcma.nd Deposits _________________ _ Time Certificates of lkposits _______ _
S.avings Deposits -----------------1.-ttters of Credit and Acceptan(es
ext''CUtcd for Customers _________ _ Billg l'ayablc ____________________ _
Xotes and Bills Redis<'ounit.'d ______ _
Other Liabilities ------------------

30.000.00 X one
17.300.00 :-L795.27 1.000.00 X one 1.270.00 1:l6.R9 X one
:J311,419.23 8fUJ6:l.09
21H ..t79.53
X one X one X one :\one

:Jo Total _____________________________ $

7

,:i6~.01

--

---

---

-

--

-

--

-

--

-

TWENTIETH ANNUAL REPORT
--------------------------------

--

-

--

-

--

-

--

-

---

---

--3-9

STATEMENT Showing condition at the close of Business December 30, 1939, of the
HARDWICK BANK & TRUST COMPANY Dalton, Ga.

As called for by the Superintendent of Banks.

G. L. HARDWICK, SR., President.
Date of Charter: 2-17-1922

R. H. SAPP, Cashier. Began Business: 2-20-1922

RESOt:HCES: J,oans and Discounts _______________ $

State of Georgia and ::\lunicipal

U.]l<sl.ndGs ovoewrnnmedent-

----------Securities

----""-ownNL_

Other Stocks and Bonds owned_____ _

Banktng House and LoL __________ _

Furniture and Fixtures ___________ _

Other Real Estate owned ___________ _

Cash in Vault and Amount due from approved Res-erve Agents _________ _

Checks for Clearing and due from

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

Cash Items -----------------------
overdrofts ------------------------AdYance on Cotton and other Com-

modities ------------------------Customers' Liability on Letters of
Credit and Acceptances __________ _ Profit and Loss __________________ _
Other Resourecs _________________ _

496,490.86
56,972"61 329,153.68 215.337.66 57,000"00
3,821.65 31,405.19
408,157.36
19,657.46
~one
146.45
X one
X one None X one

Total ------------- ________________ $ 1,618, l-12" 92

LL\BILITH;S : Capital Stock _______ ---------" ----$ Capital Xotes ________ "" ___________ _
Hurplus Fund --------------------Dndivide<l Profits _______________ _
RDeuseervteo FBuanndkss __-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Dividends Unpaid -----------------Cashier's Checks __________________ _
Certified Checks ------------------Demand Deposits ________________ _ Time Certificates of Deposits _______ _ Savings Deposits -----------------Letters of Credit and Acceptances
exe'C.utcd for Customers_________ _ Bills Payable --------------------.'iotes and Bills Rediscounted ______ _ Other Liabilities ------------------

100,000.00 None
75,000.00 15,321.58
None 28,804"24
5,000.00 1,008"85
~one
648.438.72 51,662.94
692,906.59
~one
None None None

Total ---------------- _------------$ 1,618, 142" 9~

STATEMENT Showing condition at the close of Business December 30, 1939, 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 -------------$ State of Georgia and :.Iunicipal
Bonds owned -------------------U. S. Government Securities owned __ Other Stocks and Bonds owned ___ _ Banking House and Lot____________ Furniture and Fixtures____________ _ Other Real Estate owned__________ _ Cash in Vault and Amount due from
approved Reserve Agents _________ _ Checks for Clearing and due from
other Banks -------------------OCavsehrdrIatfetms s__-__-_-_-_-_-_-_-_-_-_-_-_--------------------Advance on Cotton and other Com-
modities ------------------------Customers' Liability on Letters of
Credit and Acceptances __________ _
Profit and Loss ------------------Other Resources ------------------
Total -----------------------------$

37,754.95
Non-e 23,500.00
.!\one 2.000.00
750.00 4,287.08
126,619.25
10,234.75 14 7.17 442.01
None
None None None
205,735.21

LIABII,ITIES : Capital Stoek ---------------------$ napital Xotes ---------------------Surplus Fund --------------------Undivided Profits -----------------Heserve Funds -------------------Due to Ranks --------------------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 Liablllties ------------------

15,000.00 8,000.00 125.00 None None None 1,250.00 1,003.25 None
169.450.51 10,906.45 None
None None None
~one

Total -----------------------------$ 205.735"21

40

DEPARTMENT OF BANKING

STATEMENT Showing rondition at the close of Busines December 30, 1939, of
THE DARIEN BANK Darien, Ga.

As called for by the Superintendent of Bank.

C. M. TYSON,
President. Date of Cha1'tet: 12-8-1888

D. E. LANE Cashier. '
Began Business: 1-24-1889

Rf;'iOCRCES: Loan~ and Discounts ______________ $ ~tate of Georgia and :\Innicipal
Bond~ owned --------------------
r . S. Government ~eenrities owned __
Other ~tocks and Bonds ownecL ____ _ Banldug House and Lot_ __________ _ Furniture and Fixtures ____________ _ OtiH'r Real E~t.atP nwHcd __________ ._ Cash in Yault and _\mount due from
ap}!I'OYE'd Rcstrve _\gent:-; _________ _ Ched.;:s tor Clearing and due from C aosthh P rI t eBmasn k s_ _ _- -_-_-_-_-_-_-_-_-_-_-_-__-__-_-_-_-_-_- -_ Overdrafts ____________________ -----
_\dvaiH'e on Cotton and other Commodi ties ________________________ _
( 'ustnmt:rs' Lia hilitY on Letters of ('redit and Accei>tatH'PS __________ _
Profit and Loss __________________ _ Otlwr Resourecs _________________ _
Total _____________________________ $

11.000.00 12.575.00
X one S90.1:i
X one X one
s I.:l7I.7:l
X one X one X one
X one
X one None XonP
1!17,814.71

LL\BIIXrU;s : Capital l'tork _____________________ $
Capital Xotes --------------------Surplus Fund --------------------l~ndiYided Profits -----------------RLserve Funds -------------------Due to Banks --------------------Dividrnds rnpaitl ----------------Cashier's Cheeks ------------------Certified Cheeks ------------------Demand Deposits -----------------Time ('ertificatrs of Deposits ______ _ ~aYings Deposits -----------------Letters of frt>dit and Aeeeptances
eXC('Ilted for Customen;_ _________ _
Bills Payable --------------------Xotps and Bills RL'discounted ______ _
Other Liahiliths -------------------

25,000.00 None
5,000.00 5,000.00
None
1,oo:\o'o.onoe
160.53 X one R2,264.50 894.59 78,495.09
X one :\'one X one X one

Total

-----$ 197,814.71

STATEMENT Showing rondition at the close of Business Deetmher 30, 1939, 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

--------------* REf'Ol'RCES:
Loans and Discounts Htate of Georgla and :\Iunicipal
Bonds owned -------------------1. S. Government Sreuritie:-; owned __ Other ~tocks and Bonds owned _____ _ Banking House and LoL __________ _ Furniture and Fixture~-----------Other Real Estate owned __________ _ Cash in Vault and Amount due from
apvrorPd Reserve Agents .. ________ _ Che('ks for Clearing and due from Caosthhl:'rIteBmasnks__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Onrdrafts ------------------------Advance on Cotton and other Com-
moditiPs ________________________ _
Customers' Liability on Letters of Credit and Acceptanees __________ _
Profit and Loss ------------------Oth(:'r Resources _____________ _

4:18.23!!.88
:J,OOO.OO 10,000.00
);one 27,000.00
1.230.00
12,200.~0
:l08,773.S5
4,:l53.R:i
~OJll' "XOlll
)\one
X one :X one None

Total -----------------------------$ 804,840.48

LIABILITIES : Capital Stork _____________________ $
Capital Xotes -------------------Surplus Fund ---------------------endivided Profits _________________ _ R(.servc .Funds ___________________ _
DtH' to Banks --------------------lHvidends l~npaitl ________________ _
Cashier's Checks -----------------Certified Checks __________________ _
Demand Dcposit:s -----------------Time Certificates of Deposits ________ Savings Deposits -----------------Letters of Credit and Aeceptances
exeeut.ed for Customt>rs _________ _
Bills Payable --------------------Xotes and Rills Rediscounted ______ _ Other Liahlllties --------------

100,000.00 None
20,000.00 5,645.81 None 2,066.39 424.00 2.108.51
~one
507,758.97 100,200.29
66.636.51
~one
X one X one
~one

Total -----------------------------$ 804.840.48

TWENTIETH ANNUAL REPORT

-H

STATEMENT Showing condition at the close of Busines~ Dtcember 30, 1939, of the
BANK OF TERRELL Dawson, Ga.
As called for by the Superintendent of Bank~.

W. B. HALEY, President.
Date of Charter: 3-23-1936

R. C. SHEPHERD, Cashier.
Began Business: 4-28-19%

RESOt:HCES:
Loans and DiHrounts ---------:--: __ $ State of Georgia and .:\fuuu1pal
r. s.Bonds owned ------------------Government Securitie:-; OWllt'(L_ Other Stocks and Bonds ownt<l _____ _ Banking House a~d Lot_ __________ Furniture and Fixtures ____________ .. Other Real Estate owned ___________ _
cash in Vault and Amount dU(' from approved Reserve Agents ________ _
Checks for Clearing and dne from other Banks ---------------------
rash Items -----------------------Overdrafts ------------- ---------- -Advance on Cotton and o1ller Com-
modities -----------------Customers' Liability on LPtters of
Credit and Af'reptances ___________ _ Profit and IJoss _____________ _
Other Hesourres ------------------
Tot&! -------------- ________________ $

ll:l,-174.11
:~.3;34. 72 :>,300.00
~one
4,830.00 :;,632.33
X one
10~.775.2S
118.40 56.50 53.87
X one
XmH'
XOll('
Xonl'
240,Rl ;).:!1

LIAHILIT!Ei': Capital ~tock ______________________ $
Capital XotLs --------------Surplus Fund --------------------rndivicled Profits ------------------Heserve Funds ---------------------Hue to Banks _____ ----------------Dividends rnpaid __________________ _
Cashier's ('hprks ______ ------------- _ (\rtifit'cl Checks __ -----------------Demanrt Deposits ------------------'l'ime Certificates of Deposits __ Savings J)cposits -------------------Ll'tters of Crt.'dit and A(:ceptanccs
exetuted for Cllstomers __________ _ Bills Payable _____________________ _
Xohs an(l Bills RPdiscountf'tL _____ _ Otlwr Liabilitlt's _

2:0.000.00
.;,ooXoo.otwo
l.R27.91 2.:>00.00
Xoll(" Xotw
I~:i.B~
4.oo
119 ,90X. :l9 .fj ,1122.;):{
:~"l..jfiS.lO
X one
XOIH'
X one
:\nlll'

T(ltal

STATEMENT Showing condition at the close of Business December ~0. 1939. of the
COMMERCIAL STATE BANK Donalsonville, Ga.

As called for by the Superintendent of Bank,.

L. R. ROBINSON, President.
Date of Charter: 10-21-1938

D. F. WL'RST, Cashie1.
Began Business: 12-16-19:3~

RESot:no;R: Loans and Discounts_ ______________ $ State of Georgia and :\lunit'ipal
Bonds owned ___________________ _ U. S. Government Securities owned __ Other Stocks and Bonds owned _____ _ Banking House and r,ot_ ____________ _ Furniture and Fixtures ____________ _ Other Real Estate owned ___________ _ Cash in Vault and Amount tine from
approved Re~erve Age-nts _______ _ Checks for Clearing and due from
other Banks ______________________
Cash Items -----------------------Overdrafts _____________ -----------Advance on Cotton anti other Com-
modities ------------------------Customers' Liability on J~ettPrs of
Credit and Acccptanf'es _________ _ Profit and Loss --------------------Other Resources __________________ _
Total -----------------------------$

94,5:J6.9l
:\,235.30 1],000.00
:X o n e None 699.1[)
~one
!15,oD4.63
~one
(]95.34 :X o n e
XOllC
X one X one None
202,751.33

LL\BILITJE:-;:

Capital Stock ___________

-------$

Capital Not Pi-\ __________ _

Surplus Fund ________ _

L~ndivided Profits ___ _ 1\esr-rve Funds _____ _

Due to Banks --------- __________ _

Di\idends rnpaid

Oashicr's Checks

(\rtificd Checks ])pmand Dep-osits --------- ____ _
Tinw Certificates of HepositH _____ _

Savings Devosits -----------------J..etters of Credit and \cerptances
exeruted for CustomPn; _________ _ Hills Payable ____________________ _

Xotes and Bills Rediscoulltf'd ______ _

Other Liabilitits ___________ _

2:;,ooo.oo
X one 5,2oo.z~
4 06 .)j
4,2n3.4~
22,500.00 Nonr
1,905.01 X one
I ::!j ,23:3.82 !B,ll2.!i0
Xone
X one X one :s-one Xone

Total _____________________________ $ 202,731.33

42

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, 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

E. T. KELLY Cashier. '
Began Business: 9-24-1925

ItBSOl:RCES: Loans and Discounts ______________$

~tatp of Georg-i,a and ::\hmicipal

r.

Bonds o\vned S. GoYcrnm

-cnt

---------Se-curities

-------owned __

Other Stocks and Ronds owned _____ _

Banking- House and LoL ___________ _

Furniture and Fixtures ____________ _

Other Real Estate ownl'd ___________ _

Cash in Vault and Amount due from approved RPservc- Agents _________ _

Checks for Clearing and due from

other Ranks --------------------Cash Items ----------------------Overdrafts ________ ----------------.\dvanre on Cotton and other Com-

modities ------------------------Customers' Liability on J_.etters of
Credit and Acceptances __________ _

Profit and Loss -----------------Other Resources ------------------

Tnt.al _____________________________ $

137,510.03
10,565.28 None :None
6,000.00 4,321.00
None
63.:>78.51
?\one X nne
);on~:>
;...'"one
X one X one ;...'"one
221.9 7-1. S2

LIABILITIES : Capital Stock ---------------------$ Capital Xotes ---------------------~urplus Fund ---------------------rndividefl Profits _________________ _
ItesPrve Fnnds --------------------Due to Banks --------------------Dividf'nds Cnpaid _________________ _
Cashier's C'hPcks -------------------Ct>riified Checks -----------------Demand Deposits -----------------TimP Certificates of Deposits ______ _ ~avings Deposits -------------------Letters of Credit and Acceptances
executed for Customers __________ _ Rills Payable _____________________ _
XotPs and Bills ltf'disrounted _______ _
Other Li:thilities -------------------

25,ooo.00 None
5,ooo.o0 4.429.6! 4,698.00
None None 59.70 None IOR,625.2l 66.600.00 7,562.27
N<>ne N<>ne None None

-----
Total __ --------------------------$ 221,974.82

STATEMENT Showing condition at the close of Business December 30, 1939, of the

COFFEE COUNTY BANK Douglas, Ga.

As called for by the Superintendent of Banks.

H. L. SHANNON, President.
Date of Charter: 6-19-1931

M. J. WILLIAMS, Cashier.
Began Business: 7-1-1931

HESOURCES: Loans 'and Discounts _______________ $ :State of Georgia and ::\Iunieipal
Bond"' owned ___________________ _
r . S. Government ~ecurities owned __
Other Stocks and Bonds owned ____ _ Rankin~ House and I~ot_ __________ _ Furniture and Fixtures ____________ _ Other Real :Estate owned _________ _ Cash in Vault and Amount due from
aiJproved Reserve Agents _________ _ Checks for Clearing 'and due from
other Banks -------------------OCavsehrdrIatfetms s__-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_--_
Adv,ance on Cotton and other Commodities -------------------------
Customns' Liability on Let tPrs of Credit and Acceptances __________ _
Profit and Loss ___________________ _
Other Resources -------------------
Total ----------------------- ------$

16:\,982.42
?\one 69,816.75 1:\,150.00
None X one None
695.4~4.49
:X o n e
~~one
None
None
~one
None None
946.443.66

J,IABILI'l'illR: Capital Stock ______________________ $
Capital Xotes ___________ ---------
Surplus Fund --------------------rnctivided Profits ___________ _
Hesern~ Funds --------------------Due to Banks ---------------------Dividends Lnpald __________________ _ Ca':lhicr's Checks __________________ _ Certificd l'hecks _________________ _ Demand Deposits __________________ _ Timf' Certificates of Deposits ________ _ ~avings Deposits -----------------Letters of Credit and Acceptances
executed for Customers __________ _
Bills Payable -------------------- _ ~ote-s and Bills Hedisconnted ______ _
Other Liabilities -------------------

50.000.00 None
20.000.00 43.441.57
None None I ,ROO.OO 2.485.35 !\"one 7 4R.982.06 12.R48.87 66,370.81
None None None 515.00

Total -----------~ -----------------$ 946,443.66

TWENTIETH ANNUAL REPORT

43

STATEMENT Showing condition at the close of Business December 30, 1939, of the

CITIZENS AND SOUTHERN BANK OF DUBLIN Dublin, Ga.

As called for by the Superintendent of Hanks.

V. B. JENKINS, President.
Date of Charter: 10-29-1928

C. U. SMITH, Cashiel'.
Began Business: 11-1-1928

RE;.JOUtCES:

LOans and J?isco~mts __________ :---;---$

state of r.corgla and ::\llllllC'lpid

{;.Bos.ndGs

owned -overnment

-----------------Sccuritits o\vned __

Other Stoeks and Bonds OWllccL _____ _

Banking House a~ld Lot_ ___________ _

Furniture and Fixtures ____________ _

Other RPal Estate owned _________ _

cash in Vault and Amount due from approrcd Rf'serve AgPnts _________ _

Checks for Clearing and dnl' from
other Banks -------------------Cash Items -----------------------Orerdra fts ------------------ ------A.dranco on Cotton and other Com-
modities ------------------------Customers' Liability on Letter:-; of
Credit and Acceptances __________ _ Profit and Loss___________________ _

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

30:J,G 14.00
26,400.00 9!,3:1:1.2.)
(;,0:10.00 I:i,OOO.OO
::\one
~one
501,9::J.1.77
4,:115.0:1 21 ,:118.21>
:1,199. 1S
X one Nmw 32:1.00

LIABILJTIE;.J: Capital Stock ---------------------$ Capital Xotes --------------------Surplus Fund --------------------rnctivided Profits ----------------H.eserve Ftmds --------------------Due to Banks ---------------------Divitlttuls Cnpaid ----------------C;Jsllier's Checks -----------------('t>rtificd ('llf'{'ks _________________ _
Dt>mand Ih'posits -----------------Time Ccrtifiratps of Depo:-;its _____ _
Savings Deposits ------------------l.~Ptters of Credit ancl Acceptance-s
rxccttted for Customers __________ _
Rills Jlayable --------------------Xotts and Hills Rtdiscounted ______ _ Other Liabilitil~s ------------------

100,000.00 X ntH'
20,000.00 10,034.9;; 10,026.7!) 9:l,32:Ui
5,000.00
.n:n.:w
:lH.i."i 602.6!2.81
16,714.41 2fi(:i,HH2. 7~
XnnP Xo11e Xnnf' Xontl

Total -----------------------------$ 1,189.625.04

Total

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

______ $ 1,18!l.ti2:>.0 l

STATEMENT Showing condition at the close of Business December 30, 1939, of the

FARMERS & MERCHANTS BANK Dublin, Ga.

As called for by the Superintendent of Bank,.

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

B. F. HERNDON, Cashier.
Began Business: 7-6-1910

m;;.;orl\CES : Loans and Discounts _______________ $
State of GNrgia and :.\lunicival Bonds owned ---------------~---
U. S. Government Securities owned __ Other Stocks and Bonds owned ____ _ Banking House and Lot___________ _ Furniture and Fixtures _____________ _ Other Real Estate mvncd __________ _ Cash in Yault and Amount clue from
approved Reserve Agrnts _________ _ Checks for Clearing m1d due from
other Banks ____________________ _
Cash Items ----------------------Overdrafts ------------------------Advance on Cotton and other Com-
modities ------------------------Customers' LiabilitY on Letters of
Credit and Accc})tances __________ _ Profit and Loss___________________ _
Other Resources --------------------
Total -----------------------------$

132,27;).9.")
500.00
~9.G73.00
"X o n e None 1,859.43 6,418.63
:n,391.65
X one Xon<C 959.59
:X one
X one Xonp X one
::i0t>,OS0.2i

, LL\BILITIES:

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

Capital Nott>s ---------------------

~urplus Fund -------------------

Fndiridc<l Profits --------------~-

H.cservc Due to

RFuann<klss

_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-

Dividends Unilaid -----------------Cashier's Chcrks -----------------Certified Checks -----------------Demand Deposits _________________ _
Tinw ('ertifil~atcs of Deposits ______ _
~avings Dcp0sits -----------------Lettlrs of Credit and Aecevtances
exccuttd for ('ustnmcrs __________ _

Bills Payahlc --------------------Soil'S and Hills Hecliscounted______ _ Othu I.~iabilities ________________ _

23,000.00 10,000.00
5,000.00 8,8H.7:i
X one 20,110.20
X one
~l.H0.61
Xonr :l-!9,716.:!1
4:J .4:J3.4(} :18,8-!:i.OO
Xmw X one Xotw X one

Total

___________ $ 506.080.~7

44

DEPARTMENT OF BANKING

STATEMENT Showing conditi{)n at the close of Business December 30, 1939, of the

BANK OF DUDLEY Dudley, Ga.

As called for by the Superintendent of Banks.

U. G. B. HOGAX, President.
Date of Charter: 10-2-1905

RUBERT F. HOGAN Cashier. '
B0gan Business: 11-1905

1\ESOl"!(("ES: Lna11r.; and Discounts _________________ $
:-;tate of Georgia and -:\Iunil'ipal Bonds O\\'Tled ----------------- _
r. ~- Government ~rruritits OWilNL_
Otlwr Stocks and Bonds owned ____ _ Banking House and Lot_ __________ _ Funtiturp and Fi:\iurPs ___________ _ Other Heal Estate owtutl __________ _ Cash in Vault and Amount rlul~ from
approved Hf'~crve .\gents ____ _ <'ht('k-; for Clf'aring ;\lld dl!f' from
other Hank:-; _____________
f'ash Items -------------------Orerdrafts --------------------.\dntiH'f' on Cotton and other Com-
mnditie~ ______________ _
('u:-;tomers' I~lahilit:r on Lt~ttt'rs of Crtdit and ArretJtall\'t':--
l'rofit and Los,:; ___________________ _ Othtr Re:-;ourees ____ _
Total

tiO.~tili.fl:l
fi,:{~::i.lO
.>.000.00 Xone
!IIJij.OIJ
~:;o.oo
1110.00
Xollt' :!SII.lli 1:.!tl. j!l
X one
~OlH'
);one

LL\RILITIER:

Capital Rtoek ------------

. ___ $

Capital Xotes ---------------Surplus Fund ________________ _

rnctivided Profits ______________ -- Resene Funds ____________________ _

nue to Banks ____________________ _

Dividends rnpaid ________________ _

<'ashie-r's Checks ___________ _

Certified ('becks _____________

Hemand Dt>p-o:-;its __________ _

Time Certificates of lh-'posits _____ _

~-avinp;s llepoHits -------------------

Letters of Credit 'and Acceptances t'Xl'l'lltect for ('ustomers __________ _

Bills Pa_rahlt __ _

Xotts awl Bills lhdiscounted.

Otht>r J.iahilitits ______ _

Io.ooo.oo o2..oooooo..ooo0
953.49 1,940.49
None None
1.602.40
None
72.H2U5
:io.664.59 :\one
X one None None None

Ttal

STATEMENT Showing condition at the close of Business December 30, 1939, of the

BANK OF EASTMAN Eastlnan, Ga.

As called for by the Superint.-ndent of Banks.

\\-. L. JESSUP, Ptesident.
Date of Charter: 12-28-1918

GEO. D. MULLIS, Cashiel".
Began Business: 1-2-1919

RE~Ol"R<"f:,; : , Loans and ])isconnts ________________ $ ~tate of Grorgia and -:\lunicipa l
Rr1nrt~ owned _________________ _
l~. f'. Government Reruritic-.; ownttL_ Ot!wr Storks and Bond:-: owtHtL ___ _ Ranking- House and 1.-ot_ _______ _ Furniture and ~'ixtures ___________ _ Othlr Re.al Estate owned ______ . ____ ('ash in Yault and Amount chit' from
approved Reserve .Agenh --------Ciwcks for Clearing and dtlt' from
otlwr Banks --------------- _ Cash Items --------"'-------Onrctrafts _____________ ----------.\dvatH'C on Cotton and other Com-
mnditiP.S _________________________
Customers' Liability oll Letttrs of ('redlt and Aceeptan('P"' _
Profit and Loss _____________________ _ OtlH'r Rt'sourres __________________ _
Total ------------- --- _________ $

1!14.44(1.:{!1
:Jj ,::ifiS.OO .>i .~00.00
Xmw 12.:JOO.OO
~.7Ci0.00 ~0.000.00
2,1:)7 .-l\1 7>-I.HO
-!,:iO:i.J:;
12.0110.~1
XO!lt-'
XmH" "Xont
.)90.7:11.6:{

LL\BILITlF:K: Capital Stock ______________________ $
Capital Xotes ---------------Surpltts Fund Cndlvided Profits ___ ------------- ResPrre :Funds ____ _
Vue to Hank:;; ---- -------------- J)ividends Cnpaid --- -------------('ashier's ('ht>l'ks ---------Ccrtifie(l Checks ------------ Hemand Deposits ___________________ _
Time Certifirates of lh.posit:-; _____ _
Savings Deposits ------------------IA:tttrs of Credit and .\Cl't>ptanrt~s
l'Xe('llted for ('nstoruer~---------- Bills Payable --------------------Xntes and Rills Redisl'nuntetL _____ _ Otlwr 1Jahilltie:-:. _______________ _

40.000.00
~~.000.00
10.000.00 :;.:;60.02
:;oo.oo
X one
~one
1.07:!.54 X one
384.200.01 :>4.H4.2o
12:1.00~.Sl
X one
~one
X one
~ntH'

Total

_________ $

TWENTIETH ANNUAL REPORT

45

STATEMENT Showing condition at the close of Busines Dteemlwr ~0, 1939, of the

BANK OF FULTON COl'NTY East Point, Ga.

As ealled for by the Superintendt'nt of Bank".

G. F. LONGINO, President.
Date of Charter: 3-22-19:34

F. W. COOPER, Cashier.
Began Business: 4- 2-19:H

REiWrRO:S: t.oan~ and Di~counts ---:O:tatt> of {;eorgia and .'\luni<'ipal
Bonds owned ------- -------------
r. :-:. (;on:rnmrnt ~ecur~ties owned __
Otlll'f ~tockR and Bonds owned ____ _ Hllnking HousE' a?d I,o~- ------------}'urniture- and Ftxtures ____________ _ OtlHr Real Estate owned _____ ------l'a~h in Vault and ~\mount rlne from
11 pproved Rt'St'l'Vl' Ag"ent:-; __ _ t'ht>('k" for Clparing- ,llld diH.' frnm
11 tlwr Hanks ----------rash It.l~ms ------------On>rdrafts -------------.\dnllH't' on Cotton and other <'om-
moctitit's ------ ----------------l'ustomers' l.iahility on Letters of
Credit and Accrptancp.s __ _ Profit and Lo'ls __________ ---
Othl'r Resourets ---------
Total

:ifl7 .7:w.::7
.iO.:li0.1~
:1:\.!100.00 Xmw
7 .399.:ri
2.1-i~:i.XO );Olll'
:\""Oilt' 19X.:)~
~Olll'
XOilt:'
"X one l.R.J7 .fl.i

L1.\ BILITH:S : Capital ~trwk _. ------------------- _$ (';-tJlital Xntes __ ~urplus Fund ___ _ t~ncliYidPd Profit:-. ______ ----------- _ Resl'f\"L' Funcls ___________________ _ Due to Ranks _____ _ Di\"identls l"npaid __________________ _
('ashit>r's ('lwcks __ .
('l'rtifit>il Ched;:s __ - --------------Dtmand Hep()sits Time ('ertifieatts of Ihpn..;its ______ _ ~<tYing" Deposits ___________ --------
Leltl'n> of Credit a!Jd A('('<'JHallL'L's L'\:L'l'lth'd for ( 'n:-.tomer"i __________ _
Bilb l'avallle _ ----------------Xott>s ni{d Bills Hedisl'OIJHted _______ _ Other Liithiliti(o-..: ____________ _

;;o.ooo.oo
X one
c.o.ooo.oo
"i.OOO.OO
2,297.6;~
1S.102.00 :?,2;)0.00
lO.:JR,i.IS 1 7H.l.i
;)'j'j' 1!l2.42 Xone
:;s 1.n 11.00
"X o n e
Xont~
Xont 7 ,:i.i~.-1-!

Tnt<tl

STATEMENT Showing condition at the close of Business Dttemher 30, 1939, of the

.FARMERS & MERCHANTS RANK Eatonton, Ga.

As t'alled for by the Superintendent of Bank~.

L. 0. BENTON, SR., President.
Date of Charter 10-30-1922

A. F. ADAMS, Cashier.
Began Business: 11-15-1922

REI:iO!"RCES: Loans and Discounts _______________ $
Statt of GP-orgta and .:\[unil'ipal Honds owned _______________ _
r. H. GoYernment He('\lfitit'S OWlll'(L
Other Stocks and Bonds ownLd Banking How~e and LoL _____________ _ Fnruiture and Fixtures __________ _ Other Real .K~tate ownNL ________ _ <'ash in Yault and Amount dltl' fro111
approved Reserve- .Agents _________ _ ('ht'L'ks for ('lp.aring- and dill' from
other Banks ------------ _ rash Items -------- ------.- (herdrafts ________________________ _
Advanee on ('otton and otlu~r Commodities ------------- ________ _
rw~tomers' Lia bilit.r on LL't tL'r-.; of Credit and A(ecptaTH'e:-;_
Pmfit and Lo:-;s ________ _ OthL't' Resourecs _______ _
Total --------------------------- _$

X one :-;o,7 41.2:1
~.000.00
1.520.00 :J9,L32
:~,tH8. 7K
fl-l.K,i.i.O:--:
":\Olll' .:'\Olh'
:\'ont>
XotH' :XOUl'
);one

Ll.\ BILITU:~: ('apital Sto('k (';tpital .\'ute-; _________ _
Surplu~ f'nnd l'ntliYidtli Profits _. lte:wrn-' Fnnds ____ _
Due to Ranks Dhidentl.s l~tJpaht
( 'ashitr':-; Cheeks Ct'rtified ('li(cks f)emanll J)tposits Timt> Cert:fi<'aHs of Depusits ~avings lh'posits LP1tl'l's of <'re-dit and .\('t'L'Ptances
t'Xl'('lltld for Customers Bill.:-. Pa,\'ahle _________ _
Xntt:-> and Hills Htdiscou.Htt'd __ _ OtlH~r Liahilitif's

2:\.000.00 X one
:;.ooo.oo
2.4ROA~
:\'one
XOllf'
I .000.00 2.190.:\:l
Nont
l~O.'il6.~7
:12,349.R3
XOlll'
Xonp Xonp X one
r:uR

Total

______ $

46

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Bu.iness Dcc.,mber 30, 1939, of

THE BANK OF EDISON Edison, Ga.
As called for by the Superintendent of Bank~.

L. C. MANRY, President.
Date of Charter: 9-24-1904

THEDFORD TCRXER Cashier. '
Began Business: 10-1904

RE;iOritCES: T.. oan~ antl Discounts ________________ ::;

State of (;e-orgia and .:\lunicipal

Bonds ownL'tl ---------------------
r. H. GOH'I'llnwnt St'Cllrities ownell __
Other Hto('l\s and Bonds owned ____ _
Banking House and Lot_ __________ _

Furniture awl Fixtnres _____________ _

Other Heal Estate owned __________ _

Ca~h in Yault and .\mount due from approved Heserve .\g-ents _________ _

Clwcks for Clearing ~n.nd. due from

other Banks

__________ _

Cash Items _________________________ _

On'rdra fts _________________________ _

Adv<UH'P on Cotton and otlwr ('om-

modit ies __ -----------------------
t'ustDnwrs' Lia hility on J. etter:-; of Credit and At'l'l'ptantes __________ _
Profit and Loss _____________________ _

Othpr Resourees --------------------

Total

:100,\l~S.lfl
X one X one
XOlll'
.7.10.00 7:i0.00
X one
82:-i.G\1
~o:~.\1.)
Xolle
lG,;JS\1.27
-:'\'OlE'
XoJH'
IS~.50

LI.\BILITIES: Capital Stn{'k __________ ... _________ $
Capital Xntcs ---------------------~urpltis Fund ---------------------1"ndiYicled Profit~ ----------------HPserre Funds -------------------llup to Batiks --------------------lliYiclen<ls l'npaid -----------------<'ashier's Chctks -------------------('trtifkd ('hpcks ------------------Dtmand Deposits __________________ _
Tinll' Certificatl's of Depo;-;its ______ _ ~aring-s Deposit::- _________________ _
Llltt'I'S of Credit nnd .\rrpptaners t'Xl'('ltt(d t'!lt' f'll-.,tnmer:-:. __________ _
Bills I'a:"~:ahlr --------------------.'\11tes and Bills Httlis('O\mtetL. ____ _ Other Liahilitie:-: ______ _

;:1;~o7:~..4o-~nooooo...00o00o
,),tJ-1-1.45 1.2oo. 00
X one X one 102.6! -()00,.';,>9~.o1n1e
14l,R56.15 X one
X one X one X one Xone

Total ------------. --.--- .. ________ $

STATEMENT Showing eondition at the close of Business Dectmbtr 30. 1939, 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: 1-8-1928

ltESOCltC'Ei': Loans and Discounts _________________ $
:-:;ttltc of Ueorg-ia and ::uunicipal Bon{ls owrw<l --------------------
1"'-. B. Govprnmpnt i-;eruritits ownPd __ Otlwr Stoeks and Bonds owne<_l_ ____ _ Rankin~ House and I. ot ___________ _ Furniture and Fixtures______________ Othe-r HPal EstatP owned ___________ _ Cash in Vault an<l Amount due from
approvt'd Jtpserve .\p:(~nts _________ _ Cht>rks for Clearing- and due from
othtr Banks ___________________ _
Cash ltems -----------------------Overdrafts ________________________ _ .._\clvanre on Cotton and other Com-
modities .. ------------------------f'nstomers' Liability on Letters of
CrPdit :md ~\cceptanrPs __________ _ Profit and Loss ____________ -------
Otlwr Resources ---------------------
Total _____________________________ $

H,810.(il :17 '7:)!l.l~
100.00 14.000.00
4,X!l!l.OO 1.500.00
:102,2.l9.6R
14,:14;-).22 2:~7 .SH
l.:J(i4.20
X one
XOJIC XOill'
None
7S2.707 .l:J

LL\BILITIES: Capit.al SttH'k ---- _________________ $

Capital ::\"ot('S ----------- Surplus Funcl ---------------------l"ndiYidt><l Profits _______ _

Rtsprrp ~~unds -------------------Due to Rank:-; ________ _

Dividl'nds rnpaid _

Cashier's Che(ks

_ -------------

Certified Clweks _________ ---------

Ht'mantl Deposits ------------------Time Certificates of Depoits _______ _

Saying-s nep-osits -----------------T.. ettPrs of Credit ,and Accei)tanC'-('S
executed for ('l.L<:;tomers __________ _

Hills Pa) ahle __________ ----------.:\ntcs an<l Bills R<disrounted ______ _

Other Liahilitit>s

----------

:;o,ooo.oo
X one 10,000.00
~2.11:1.30
775.87
:~H.G27A9
'iO.OO 1.193.97
170.15 !n:US3.98
I:J,lS:U7 1Sl,IOS.92
X one X one X one X one

Total -- ------------------------$ 7SZ,707.15

TWENTIETH ANNUAL REPORT

47

STATEMENT

Showing condition at the close of Business December 30, 1939, of the

BANK OF ELLAVILLE Ellaville, Ga.

As called for hy the Superintendent of Banks.

J. H. STEVENS, President.
Date of Charter: 9-10-1910

H. F. DIXON, Cashier.
Began Business: 9-16-1910

RESOl:RCER: ],oan~ and Discountt> _______________ $

:-;tate of Georgia and ::uunil'ipal

r

Bondf' o\Y:ned -------------------~ (;overnment Securities owned __

Other Stocks and Bonds 0\\ ned_ Banking House fl;nd Lot_ __________ _
:Furniture and Frxturcs _____ _ Other Heal J<:state nwup(l_ ________ _
rash in Vault and ~\mount clue from aJlJlfOVed H~st"I'H' \g-ents _________ _
('ht'CkS for ('lec~_ring rand clue from

other Hanks -------------------('ash Items -----------------------
Overdrafts ------------------------.\dvance on Cotton and other Com-
modities ------------------------customers' Liability on I~etters of
Credit and .Acrcptances __________ _ Profit and Loss ___________________ _

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

Total

47,ns3Al
X one ::\"one Xonr
2,~44.;"i7
S9S.OO ?\otu
111.1S9.71
20.000.00 X one None
2:i,lR2.5G
X one !\one 1.4S4.31

Capital <'apital Hnrplu:-;

Stock Xotes _Fund

LI.\BILITIES : ___ -------------------~ ----------------------____________________ _

rnctidded rrofits ----- -----------RL'Sl'l'YC Funds ___________________ _ lhtf' to Ranks ____________________ _

Dividends l'npaid _____ ------------

Cashier's Cherks -----------------Certified Cheeks ___________ _

Demand Th-'])0:-:dt:-; -----------------Time Certifieatcs of Deposits ______ _ ~aving's Deposits ------------------L-ettt>rs of Credit 'and ~\rreptanel:->
P'Xe<'uted for ('ustorner:-; __________ _
Hill,-; Payablp _____________________ _
Xote,-; and Rills Rediscounted ______ _ Othl'r Liabilitie:-~ __________________ _

~:;.ooo.oo
::\"one 5.000.00 7.(l16.31
X one
~one
);one X one
Xone
J:l2.S41.37 :lS,S2l.88
Xone
None ?\one X one
~one

ToLtl

-------------------$ 209,582.;)6

STATEMENT Showing condition at the close of Bu~ines; Deecmber 30, 1939, of

THE BANK OF ELLIJAY Ellijay, Ga.

As called for by the Superintcndtnt of Bank~.

E. T. HUDSON, President.
Date of Charter: 5-21-1914

DOW HA;viRICK, Cashier.
Began Business: 6-1-1914

RESOl"RCES: Loans and Disrounts_______________$

State of Georgia and :\(unidpal

r.

Hor1ds owned -S. <;overnnwnt

---------Securities

-----owned

-__

Other :Hocks and Bonds owned _____ _

Ranking House and Lot_ __________ _

Furniture and ]1'ixtures ___________ _

Other Heal Estate owned___________ _

Cash in Yault and Amount dnc from aJlprovpd Rcscrvl' ~\gents _________ _

Checks for Clearing ~and due from

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

Cash Items ----------------------Orerdrafts ______________ -- ---------

Advance on Cotton and other Commoditic;-;; _________________________ _

Customf'rs' Liability on J~ettcr:-: of Credit and AcL'l'J;tancrs __________ _
Profit and Loss ____________________ _ Other Resources ___________________ _

Total _____________________________ $

2:J6,7o4.n7
1n:J,20R.30 20.400.00 4,000.00 l\'"onL'
.\.:Joo.oo
7 .G:JO.OO
l~lfi,716.1K
X one :18.00 RG.92
X one
Xolle
~one
5.R09.RR
670,954.23

LIABILITIES : Capital Stn{'li: __ --- __________________ $

Capital ~Otl~ ___ --- -------------

Surplus Fund

_______________ _

l~ndi\ided Prot'its _________________ _

Hcserve Funds __ _ Due to Hanks ________ _

nividends Fnp:lid _____________ _

CashiPr's Checks

_________ .

Ccrtifil'd Cheeks

. - ________ _

Tkmand l)pposits ________ _

Tinw Cl'r1ificates uf DetJOsit:-; ____ _

Saving;s Tleposits ----------------
Letters of Credit and Ae<eptan('P'-' execute(l for Customers _________ _
Bills Pa:rahle __________________ _

Xotes and Bills R<'dis<~ounted ______ _ OthPr Liahilitil's _______________ _

l:J.OOO.OO 1:>.000.00 1 2.2:>0.00
2~7. 27 3,7:10.00
~one ~one
1,6H0.2G 13.04
26l.12n.99 ".239.14
:l.i:l,291.56
~one
1\one None
~one

Total

___________________ -$ G70,934.25

48

DEPARTMENT OF BANKI~G

STATEMENT Showing condition at the cloe of Business Dectmber 30, 1939, of the

FAIRBURN RANKIN(; CO. Fairburn, Ga.

As called for by the Superintl'ndent of Banks.

G. F. LONGINO, President.
Date of Charter: 9-14-1891

RE~Ol'HCEc;:
Loans <111d Diseounts -------------~tate of Ut>orgia and ~Iunicipal
Ronds owned --------------------
r. s. Government SL't'llritiPs OWlll'tL_
Other Sto<ks and Ronds owned ____ _ Banking HousL and LoL ___________ _ Funlitnre ancl Fi::-..tures ____________ _ Other Rt>al EstatP OWlll'tL ________ ~---
Cash in Vault and .\mount thlt' frnm approvPcl Rtst'l'H' .\gents _________ _
Checks for Cll'aring and cl1tL' from other Banks _____________________ _
Ca~h Items __________ __________ _ On~rdrafts _____________________ _
.\dvancP on ('ottoll and othl'l' Com-
moditit>-S ___ ----------------- - --f'ustonwrs' Liability oll LPtter~ of
Credit and A('('t>{ltances ________ _ Profit and Loss ___________________ _ Other Rcsourets ___________ _

Total

,_$

);nllL'
:w.ooo.oo
~Ollf' .:.~:JO.OO
l.fiOO.IIO U.9.J0.71
::'\Olll'
:n.;).l7 X()ne
iG.!l!l
~Olh' :\OJ]\'
100.00

MRS. Y. H. LONGI~Q

Cashier. '

-------------------- Began Business: 1902
LJ.\ BILITIE~:

(';1pitnl ktn('k __________ ----------

:!:i,OOO.O(I

Capital Xotl's ---------urplus Fund _____ --- ------ ------

~one
:"i.Ooo.oo

l'ndivicled Profits -------------"----

l:Ji.26

Hcsern Funds --------------------

Ihtt to Banks . ___ ---------------

llividenrl:-~ l'npaid ---------------

('ashilr~ <'hecks <'trtifit>d ('lwck~

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

l:H.2o Xone
G.)H.OO )')2 R') ... X~n;

llellland f)pposits --- ------------Time ('ertifil'a1ls (Jf Dt>p-osits_______

ll:i,;i92.i:i l,2fi:{.;'i!t

~aving-s ])eposits _____ .. __

"i,Ol.i.69

Ll'ltns of Crt>dit nnd Acceptant't's

l'Xl'('l!tt>l.l for ('ustomtrs __________ _

n:lls I'ayable ---------- ----------

~!l1l'-.; anrl Hills Ht>dh(ountp(}_ ____ ,_

Oth1r Liahiliths

____________ .

X one X one Xone
n.6J

'l'rJtal

-~

STATEMENT Showing condition at the do~e of Rusin"" Declmber 30, 1939, of the

FARMERS & MERCHANTS BANK Fa)etteville, Ga.

As ealled for by the Superintendent of Hank~.

C. D. REDWINE, President.
Date of Charter: 2-16-1906

H. C. HEWELL, Cashier.
Began Business: 4-1:1-1106

REsomwgs :
Loans and Discounts ______________$
~tate of Georgin and ::\hmicipal Bonds owned _________ .
r. H. Government Se<urities 0\Yil('d __
Other Storks and Bonds OWlH"<L ___ _ Banking House and LoL __________ _ }~urniture and Fixturf's ____________ _
Other Ut>al Estat.t- ownPd _________ _
('ash in Vault and Amount due from approved Reserve Agents _________ _
Cheeks for Clearing ,and due from
other Banks --------- .. ---------Cash ltPms ----------------------Orerdraft" --------------- -------_Advance on Cotton and other Com-
modities _------------------------('w;tomtrs' Liability on I~dtPrs of
Credit and Arrtptancts _________ _ Profit and Los-s ___________________ _ Other Resources __________________ _

Total

... $

;\Olll' XOIIP
Sonl' :!,2GtL7H
~.R!"i8.flfi
:!.i,09fUll
"XOlll'
:l8H.97 :Ul42..t0
X one I.nGO. 11
.i95..1ti

LL\BILITIE~:

Capital' HtO('k

--- .. ----- __ $

('apital ~ohs ---------- ..

~llrplus Fund --

---- -----

lTndiridtd Profit<.;

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

Hl'St-'1'\'P Funds ------------ _----- __ _

Hue to Hanks -------------------Tiividen<i~ l'upaid ________________ _

('ashier's Cht>t'l\s ----" ___________ _

('t-r1ifiPd C'hrl'ks _________________ _

lltmand ])cposits -----------------Timt- ClrtificatPs of lh'posit-; ______ _ ~avings ])tposits _______ .. _________ _

LettPI's of Credit and ~\rC'eptanC'es t'XPt'uted for Cnstoml'rs_. _________ _

Bills Payable --------------------\"ott's and Rills HPdiS{'otmted _____ _ Othvr Liah,iliti('s ------ .. - .. --- ______ _

~j.OOO.OO ~Oflt'
X one
~on~
Xone
~one Xolll'
:!l:i.li Xotw
17S.:l7:J.OS !U:\:l.:\4 X one
X one X one X one X om

Total

_________ $

.------------------- TWENTIETH ANNUAL REPORT

49

STATEMENT ~howing condition at the close of Busincs' Deeembcr 30, 1939, of the

BANK OF FINLEYSON FiuiPyson, Ga.

As ealled for by the Superintendent of Bank,.

J. W. CONNER, SR., President.
Date of Charter: 9-20-1910

-

RE"OntO~i'-:_ _ _

;,;;tt' 1ot!lS

and His('ouuts _ of Gt'orgia aud

~ \fuuki],al

Bonds own<d _

---------

r. ~- GonrnnHlH ~l.'('lll'itil:- 0\Ylll'd ---

Other ~to('kS and Bonds OWill"tL __ _

Banking- Honst' a_nd l~nL ______ _

t~urniture ansi FlXtlln'"\

Other Heal hstatl' O\\'llL'lL __

('ash in Yault an(l .\mount dtH t'nl!ll

apprond Ry;;;pn t' .\gtnts __

('he('ks for Cli.ariug and dt!t' frnm

olht'l' Bank-; ---------

('ash ftpms
orerdrafts ------------- .\drancc on ('otton and o1hl'r ("r,nJ-

moJitits -------customers' Liability fill Ldtvr:-> r1f
Credit and .\('C'PplaJH'l'S Profit and Loss _____ _

Otht'I' Hesources __ -

:\ ()l\l' .'\Oill'
:\one tiHO.OO tiOO.OO :LIS:--\.SO
::O.tiO.f.l ~
:'\onl'
:\OJ1P .:\IJlH'
:\Ollf'
:\one
~one

CLARE~TE FINLEYSO:'\J, Cashier.
Began Business: 9-20-1910

LL\ BILITJE,;: Capital ~tock ----------------------* Capital .:\utts ________ _ ~urplus Fulld ______________________ _
lTndividt'<i Profits ------ __________ _ Hl'st>I'\<' Funds __________ _ fhtP to Bank.c; __________ _
DiYidl'nds TTnpaid ____ _ Cashit>r's Cliel'ks ________________ _ Ct>rtifit'd ('ltf'('ks ___________ _
nemaiJ(l DPJ)OSits
Tinw n.rtificates of lh'posits ____ _
~a\iu:.:s llcposits ______________ _
l.l'ttl'l's of f'rt>dit and _\rceptalll'l'-'"' l'\:i.'('Uted for ("us1omvrs _________ _
Hill:--, Pa -rahlt> __ _
.\'ott'-.:. :l!.td_ Bills HLdi.'"'i.'Ollllted __
Other Li:!hilitil's

J.;.ooo.oo .;,ooXoo.onol'
!I.HHL.I-1 200.00 Xmh'
I ,';00.00 IO'J.OO :\"onp
.f:!.~7H.-t 1 ;;,71 :;.:lO
.:\Oil{'
XOlll' :\nl!P
XnnP Xonp

Total

Total

STATEMENT Showing eondition at the close of Busine" De.. tmher :~0, 1939, of

THE CITIZENS BANK Folkston, Ga.

As ealled for by the Superintendent of Rank~.

WM. MIZELL, President.
Date of Chmter: 12-1\l-1911

R. A. BOYD, Acting Ca~hier. nqnm Business: 1-4-HH2

Loans and Hiscnunt~"--
State of <:eor;..;ia and :\luHkiJ1al Roncls ownPLl ----- __________ _
r. H. <:ovenurwnt ~l'('llrith~s OW!l('(L_
Other ~to(ks and B1md.c; O\\ lH'i.L ___ _

Banking Hnust> and LoL_ Furniture and Fhtuns _____ Otlwr RPal Est,ak owiJt(L
Cash i11 Yault and .\mount due from apprnnd Reserve ..:\g<n1 ~
Checks for Clearing- -and dill' from othtr Hanks _________ _

rash Item~~ Overdrafts __ _

-----------

.\drarH'C' on Cotton and Ptllt'r Cllm-

moditit>s ----------------------f'ustomtrs' Liability on Ll'tten r1f
Credit :J.ud Accpp-tan("PS _____ _ Profit and Loss____________________ _
Othel Hesourees _________ _

Total

:1ti l, 1.1 l.S~
17.700.10
~:.!.S:!:--1.00
Xone
.\'out>
~00.00
XonP
X nne
.:\()}}('
.\'one
\'()Ill'
\'"onl' X one :\one
70.1.7S\I.:J:I

LL\BILIT!Es:

Capital ~tod.;: __ _

_ __ $

('apital .\'otts ________________ _

~ttf!l\tt'"' Fttlld ___________ _

l'ndividtd l'l'ofi1s __

Hts<'l"\"l' Vtmcls ___

____ -----------

Hue to Banks

_______________ _

UiYidends l'npaid _________________ _

Ca:'dlil'l".._ Checks __________________ _

('vrtifitd ( '!J('t'ks __________________ _

Hl:'llla!Hl Htposits __________ _

TimL' ('trtificatLs of Dtposits _________

~aYings J)pposits ____________________ _

LPttcrs nf ('redit <llHl .\1ceptaiH'P:-> r.'XL'('Uhd for Cttstompr:-; __ ~-------

Hills Pa_r;lhl<' --------------------.\'ott-; aurl Hill~ H<dislmmted ______ _

Otlwr Liahilitil'-.; --------------------

I.;.ono.oo
XOlll"
1;;.ooo.oo
~:1.:n2.92
J.;,ooo.oo .'\,ounoe
~fHi.L;
X one
~;;:I.H8.~9
tHl,172.!Hl :>Ol.OOUH
"X one
~one
Xont
f),\l7.~.X.f

Total -- .--------------- ---------- _$ 705,7R9.ii.i

50

DEPARTMENT OF BANKIKG

STATEMENT Showing condition at the close of Business December 30, 1939, of the

CITIZENS BANK OF FORSYTH Forsyth, Ga.

As called for by the Superintendent of Bank,.

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

JNO. T. STEPHENS Cashier. '
Began Business: 3-1-1920

RE>'OLI\CEi;: Luans and Disemmts _______________ $ f-ltate of Georgia and ~lunil'ipal
Bonds owned ___________________ _ t~. S. Government f:.ccurities owned __ _ Other Stocks and Bonds O\YlH'fi _____ _ Banking House and Lot_ ___________ _ Furniture and :Fixtures _____________ _ Other Heal EstatP owned__________ _ Cash ln Vault and Amount dllt' from
avprovc>d Reserve AgL"nts __________ _ Ciweks for Clearing and due from
other Bank~ -------------------OC avsehr d r aI tfltsm s_ _ -_ -_ -_ -_ -_ -_ _- _- _- _- _- _- _- _- _- _- _- _- _- _- _- _- -_ ALlrance on Cotton and other Com-
modities ---------------- ------- __ f'ustomt:>rs' Liahilitr on Letters of
Cndit and Areeptances _________ _ Profit and Loss ___________________ _ Other Resources __________________ _
Total

11UIJ:2.11
Hl.G0.\.c0 17 .2SOAG
7 ,212.0~ :2 ..)90.1111
JS.!.OII Snut
,!l.JG.2.-.:
~Ollc
Xont'
"Xollt'
-:\011('
X nne-

Ll.\ HILITlE,; : -------------

CapiLli ~t1d, __ (';l]dtal Xote-..; __
~urplu:-- }'ttlHi 1~ndh idl'd Prufit-..; He...,nYL' Fund:-. lint to Bank:-. lliddt'lld:-. l'l\]l<lid Ca:dlitr's Check:-; ('l'l'ttfitd ('ilt'\'1-::-; Ill-maud lll'po:-.it-.,

1o.ooo.oo 1o.ooXoo.onoe
5.fl:!l93 4.:)!l2.i8
X one ,., ~one J,!) .120
X nne ~ 1!) .0:~2.38

Timt Ctrtifkatt-., 11! :--;aYing-., Ill']HI:dt.., Ll'ttn:-; of ( 'rtdir <lllll

.\ITept alll't'"

X one X one

t''\t't ull'd t11r ( 1!-.!IJJHt 1:-- ____ _ Hill:-. Pa:--:ahlt Xoh-. and Hill.-. Htdi .. enuntl'iL ____ _ 011Hr LLthilitit:-.

X one X one X one X one

STATEMENT Showing condition at the close of Bu~incss Dtctmlwr :10, 19:19, of
THE FARMERS BANK Forsyth, Ga.

As called for by the Superintendent of Bank,.

R. T. PERSONS, President.
Date of Charter: 3-9-1910

R. J. BITTICK, Cashier.
Began Business: 1910

HESOlTRCES: Loan::; and Discounts ________________ $
Htatt-> of Ge-orgia and ::\IuniC'ipal Bonds owned ___________________ _
l~. 8. Govrrnment Srcurities OWlH'tL_ Other Storks and Ronds OWilP(L ____ _ Ranking- House and Lot_ ___________ _ l<'nrniture and Fixtures ____________ _ Other Real Estate owned__________ _ Cash in Yault and Amount due from
,approved Reserve Agt>nts ________ _ <'lterks for Clearing and due from
other Banks -------------------Cash Items ----------------------Overdrafts ------------- __ .. ________ _ .\({van('c on Cotton and other Com-
modities ________________________ _
l'us.tomers' lJiahilit,r on I~cttt'l'S of CrNlit and Arreptances _________ _
Profit and Loss ___________________ _
Otlwr Resources -------------------

:\one -:\one Xolll' 2,500.00 400.00 49,221.68
lO:J,:llO.:i:l
4:i \.GO X one
-:\'Ollt'
G.74!l.40
X out
Xone
Xonp

Total -----------------------------$ 280,32.\.lG

LLI BILITIES : Capital Stn('l\ ('apital Xotl'"' ~ttrplus Fund ________ --------------l-lldidcled Profit:-. __________________ __

HtSf'l'\'l' FU!l<h
nue to Bauks__

-------------
_______________ _

Dividends rnpaid _________________ _

('ashiLr's Clwcks ______________

Certified Cherl\s ------------------ _ nemand Deposits ___________________ ~

Tinw Certifkatt":-; uf Ilt]wsits _____ _

~;ning-s J)cposit..-;

_________ _

1~Ptters of Credit and .\t'C't'ptarH'es

L'XC'eute(j for C\1-;tnmers-----------

Bills Payable --------------------Xotes and Bills RediscountNL ____ _

Other Liahiliticc:. ------"---------

50.000.00 X one
:iO ,000.00 471.44 X one X one X one X one X one
179.852.72 X one X one
X one X one X one X one

Total

T\YEKTIETH ANNUAL ImPORT

51

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

STATEMENT Showing condition at the close of Busine" Deeembet 30, 1939, of the
MONROE COUNTY BANK Forsyth, Ga.

As called for b~- the Superintl'ndent of Bank,.

W. C. HILL, President.
Date of Charter: 11-2-lDOK

ltE!:'OUWE,:: Loan:-> a!Hl .Dist:~nmt~-----------, ~tatL' ot (_~f'ol'gia illl(l :.\Iun,, ;J,;][
r. s.Hond.~ owned GoH'rlllll('l11 ~(('lll'ith-., 0',\J,vd_
Other Stoclz~ and Bnnd~ 0\HJL'd _____ _ Banking Holl:-;l' ~:n<l Lot_ Furniture an(l l<ntun':-; ___ .
Other Real Estate mrlll'LL ('ash in Yault ancl .\nwu11t tluL fri1lll
apprort>d 1{(.':-;tn P .\gent;., ______ ---
Ched:s for Clearil1~.:: and due trom
other Banks -------- -rash Items -------- ------------
Overdrafts -----------.\dr<lll('l' on Cotton a11d r1tlwr C(IJll-
moditits -------Customers' I.iahilit_\ 011 Ldtl'l'~ 11f
Credit and A(_ceptall('t:-; _ Profit and Lo~s Other Hcsn11rces _

Total

--- -~

C. F. HEARD, Cashier.
BPgan Business: 10-l5-190H

J::.-!.>0.00 :2,1 :!:i.OO 4.:130.00 ~ ..JilO.OO
2:-iii.OO !1 ,:?21. :~n
:?.0.!.1.7 l X one
.:\OllP
Xoiir X one Xo11t'

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

--

LL\H!I.ITIES: C;l]lital ~tr)('l\ _____________________ $

~.>.000.011

(';lpital XotL:-; ----------------------

:\Olll'

:-:urplu" Fund l'ndi\idt>d l'rofit~ ____________ _

1 ~.->110.110 2.-!n7.:n

Ht>~cne Fqnd..;

XOIH'

Jll!L' to Rank-.; _______________ ---------

X one

Jii\idt..'llth l'npaid __ -----------------

('a~llin's Clwcks

_______________ _

XOlll'
HL.)n

('crtifit>tl C'!H:>rl.::s _____________ _

Xone

llt'llWil(l Deposits ___

127 1:?0. l:J

Timt Ctrtificates of I>Lposits _____ _

~-1 1\1-1.:-il;

Savings Deposits --------------------- _ lUO.fl;)l.H

Ldll'l's of ('redit and _\('l't'Jltan('t'"

t'\truterl for CustomL'J'S _____________ Hilb l'a_yalJll' ____________________ _

XolH' :-.;one

Xott>-.; ;md Hills HLdb('OitntPrL ____ _

);ont

Other 1-ialJilitifs ------------- _____ _

8.902.SO

Tnt;!l

_______ $ :;;;x.210.sr

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

STATEMENT Showing condition at the dose of Business Dteember 30, 1939, of the

FORT GAINES BANKING CO. Fort Gaines, Ga.

As called for by the Superintend<nt of Bank,.

W. B. HALEY, President.
Date of Charter: 2-11-1937

W. G. GRIMSLEY, Cashier.
Beg-an Business: 2-15-19:=n

Hl<:f;()rJ{('E~:
Loans and Discounts ______________ ~
State of Gt'orgia and :\Imiicipal Bonds owned _________ ------.------
r. H. GovPrnmPllt ~ccuritie~ OW!l('(L_
Other Sto{ks and Bonds OWill'(L ____ _ B.1nki11g IIousp and Lot_ ____________ _ FurnitnrP ana FixturPs __________ -Other Rtal Estate owiH'(L _________ _
Cash in Yault and Amount dut from aJ)]lronll ltcserve .\g(Jlts ________ _
Checks for ('learing and due from other Banks ----------------------
Cash Items ----------- .. ----------Orerdrafts __________________ ---
.ldvnnce on Cotton alld otlu-'r ('ummoditks _______________________ --
Customers' J.iahilit\ on Lt>ttn:--; of Credit and Ac<'ep.tances _____ _
Profit and Loss -------------------Other H.tsourres -------------------
Total ---------------------------- -*

l\J,:1HR.ll
X Oil{' Xo11e X one ~. iOO.OO l.l:JO.OO Xone
~~~.7t17.2S
I02.GR X one Xolle
Xont Xnnp X one
1~~ .~7~.12

LI.\BILITIES: ('apital Stock ______________________$
Capital XotPs --------------------Surplus Fund --------------------{'n<lidded Profits ------~----------Htst>rn Funrb _______ ------------Pl!t' 1o Hank-.; _____________________ _
Diddt->11cl;-; l'npaid ----------
CashiLr's Checks -------------------CLrtifit-(1 Checl.;.:~ -----------------H<manrl Deposits ________ ----------Time CC'rtifiratt-s of IJeposits _____ _
Saving-s Deposits ------------------Lettt>rs of Credit and Acrevtances
l'Xerutt>d for Customer:L _________ _
Bills Payahlf' --------------------Xntt>s and Bills Redisrountt.~d ______ _ Othl'r Liabilities _________________ _

23.000.00
~one
;;.ooo.oo
J.081.0;i
~one
Xone
~one
715.90
~one
118.117.% 5.000.011
:J:l.360.61
Sone
~one ~one
X one

Tot:1l ------------- ----------- __ $ 187.27o.12

52

DEPARTMENT OF BANKIKG

--

STATEMENT
Showing eondition at the close of Businl'SS n ...mher 30, 1939, of the

BANK OF' t'ORT VALLEY

l''ort Valley, Ga.

As called for by the Superint..ndl'nt of Bank,,

W. E. GREENE, President.
Date of Charter: 10-11-1921

H. HUCKABEE Cashier. '
B<'gan Busines~; 10-15-1924

RESOURCJ<;s : Loan~ ancl Disconnts ---------------~ StatP of Gtorg-ia and )lunicipal
Bonils owned ---------~---------- t. ~- Uovr,nnH'nt St:curitil'.., ownt>tL _ Other Stocks and Bond~ (JW!lP(L ___ _ Banking House and Lot_ ___________ _
Furnitun and Fixture~------------Other Real Estate owtwd ___________ _
('nsh in Vault and Amount dtte from approved R~:_~HH" Agents __
Che1ks f(1r Clearing and dill.' from otlwr Banks --------- _________ _
Cash Items ------------------------Onrdrafts ----------- --------------.\tlvanrL on Cotton and othtr Com-
moditit>:-: ------------------------ _ f'nstomLrs' I..iability on LettPrs ot'
Credit anrl Aeet:>pt;ttH'es _________ _
P1ofit and Los~ Other H.esonree~ _________ _

Tnt.Jl

~- ~--$

:usn.~o
:ll,280,;i:; 1 .~l7!L:-i0 Xonl' 1.000,00 l.H:i.).OO
10,000,01\ 7 -1.7!1
~OllP
:"\one
X one X nne
.oo :~::;o

<'apita\ ~tu(\-;. __
('apital :\otv" _ ~urplus Flllld [~IHliddttl Prntit:--

l.L\ lll!.IT!ES:

RP."H.'i'Yl' F<llltb -lllll' to Ban\\S __
HiYidt'!Hh rnp;tid ('a~!Iier':-; ('iwl'k" t'ntifit>d t'he(k:--
llemand lh"'[HI-;ih __ Tinw Ct"'tifita tt:-: ~>f Ptjlosit:--, _____ _ _ _ ~it\"illg,-.; ]lt'po:-:it:-~ _ ____________ _

LettL!-; uf ('rtdit aud .\cteptaiH't'S

t'Xl'('llh'd f!ll' ('tt:.;{OIIll'l'S __________ _

Bill-.; l'a_y;thle ~Otl':-; <!lid HUh Htdi:-~cnnnted ______ _

Othl'l' Liahilitits

:;o .ooo.o0 ~OUt>
10 ,llOO,Oo 17 .:!27 .lj
~one
X one X one
l,~lnA~
::.:o.on:u;Ao"
.:!~~-~-02
I .\..ttdHj
:\:one
~one
X nne X one

Tnt a!

- -~$

STATEMENT Showing condition at the close of Businc" Dl't'emher 30, 19:~9. of

THE BANK 01'' HEARD COl NTY

Franklin, Ga.

As called for by the Superintendtnt of Banks.

E. E. LEWIS, President.
Date of Charter: 10-14-1905

H. J, MICKLE, Cashiel'.
Began Business: 10-18-1905

llESOl'J\C'ES: l,oan~ and Discounts _________________ $
~tate of Georgia and ~Iunicipal Bond~ OWill'd --------------------
1'. ~- (;ovPrnment Heruritit"s 0\Ylled __ Otlur ~~Hocks and Bonds owne(l _____ _ Ranking HoUHt.' and ],ot_ ___________ _ Furnitun aiHl l'ixtures __________ _ Otlwr R(al Estate ownecL __________ _
('ash in Yault and .\mount clue from apprnvrct Ht>serve AKt-nt:L._______ _
('lncl~s for Clearing and due from
Ca.o-.t;hht>rIteBmasnk_s___-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_
Onrdrafts _________ ------------- __ _ .\th:utre on Cotton and other ('om-
mmli ties _______________________ _
('ustonwr~' J.iahilitv on Letters of ( 'ndit and .\cCL'I;tancps ___________
i'roflt <lnd Lo:'is ------------------Otlwr ReROttrces __________________ _

Total

. --- ~-$

:;LJ!ILll :~:L I 00.00
~Ollt.'
2 ,2;)7 .00 LXl>:J.OO ;J,H,ii.:t!
:J,OIIO.IIO
~O.lll' ::\'OlH'
X one XtJ.ne :\one

('apital ~tu(J~
<'anital ::'\otl'" ~urplus Fund l~n<liv1dtfl Profit:-;

I.l.\li!LITIEI'i:
~-.----- ~-----$

}{PSC!'Y(' -Fund:-:.

lhH to Han!\:..; __

})jyfdl'IHh:. {'ll[lai!l

Ca"'hier':-; ('lwl'l~s

Certified ChLtk:-:. lh'malld Jhpo:-;it~
Time <'lrtifi<'a1e" :--!.avillg-:-> lh.'JHISits

t1f llt'JlOSit:-- ______ _ _______________ _

LLttlrs of ('rl'tlit ;tnd .\tveptanns

l'Xl't'lltLtl for ('u~tnmers __________ _

Hills Pavahh

__ .. _______ _

Xote:-: ;tJ.J(l Bill--; ltt"di:--t'nttntt>d ___ _

Other Li:thilitks

~~. ooo.on
X one 7 ,01)0,00
~~J.:H
X one X one LOOO,OO
~0~.79
Xonr
~~~,070,07
:!20.00
fl:!.1~7.2:?
:\one X one X one X nne

Total

----- ~--$

TWENTIETH ANNUAL REPORT

53

STATEMENT Showing eondition at the close of Bu.ine'' Dte< mlH'r :~0, 1939, of
THE CITIZENS BANK Gainesville, Ga.

As called for by the Supcrintt>ndtnt of Hank>.

J. H. HOSCH, President.
Date of Charter: 5-19-1918

R. A. BRICE,
Cashier. Began Bu~iness: 6-2-191:l

RE,;Ol"!{!'E:S: ],onns and nh;counts~-----------------$ ~tate of Georgia and )Iunieipal

1'.

Bso.nd(s;

owned overnment

-:--------Heeurities

-----owned

-__

Other ~tocks and Bonds owned _____ _

Banking- House ~nd LoL ____________

1-~urniture and Fixtures _________ - - Other Real Estate ownect ___________ _

cash in Yault and Amount dm from

apJnovt>d Heserve ..,\J,!enb Check~ for Clearing and due from

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

rash Items -------------------------

Orerdraftr-. ------------ .. -----------AdvancE' on Cotton and nther ('nm-

moditie)'. -------------------------fu~torners' IJability on Lettt>rs nf
Credit and Acreptanres _________ _

Profit and I..oss ------------------Other Resources -------------------

Total

-- $

4fH).l:ifi.11
H.OR9.2S
~0.000.00
14,975.00 14.070.!i7
:>.'190.1:; Hl.OOl.OO
7 .~~:J.7fi :l:l.-12 :,2.87
XonP :X o n e
~one

Ll.\IHLIT!ES: Capital ~to('].;: _____________________ $

('apital ~ote:-; _____ ________ _

l:-lurplus Fnnd ---------------- rndivided Profits ______ _

Reserve Fund:-; -------nue to Hank~---------Hividends rnpaid __________________ __

('ashier's Checks __

- _______ _

Certified Cheeks _ ----- -----------. J)enuMul J)epnsits _______________ _

Time Certificates nf l)eposits __ _

Sa,ing-s Ht-posits --------------l~etters of Cndit and .\cceptatH'l':->
PXL'(uted for Cti:-.tomers __ -------- _
Hills Payahll __ ------------------Xotes and Bill:-: Rt:>disrmmii..'d __ Otlil'r Liahi!itit'" ___________ _

:;o.ooo.oo
~Ollt'
.;o.ooo.oo
l.l:i6.) :-1 Xone
:i.900.7:i 2.340.00
94.01
r.o.oo
.IS0.20R.90 100.00
~2.1\.7:1~.-!7
XollP :\one X Oil(' Xnnt-

---.$

STATEMENT Showing condition at the close of Business Dt>eemlwr 30, 1939, of tht>

BANK Of' GIBSON Gibson, Ga.

As called for by the Superintendt>nt of Banks.

E. E. GRIFFe..;, President.
Date of Charter: 11-7-1905
-* HE:SOl"R<'E~:
JJoans and Dhwounts ______________ Statt! of Georg-ia and )funicipal
Bonds owned _______________ ---C S. (~overnment Securitit-s u\\HNL_ Other Stocks and Bonds owned _____ _ Banking Hou~e and LoL __________ _ Furniture and J<"'ixtures _______ _ Other Real J<~state owned ____ _ Cash in Yault and Amount dw" from
aJ)provcd Itt>serve Agellts _____ .. __ _ Cheeks for Clearing a111l due from
other Banks -----------------Cash Items ------------------- _____ _ Overdraft.:-. ______________ --- _____ ---
Advance- on Cotton and otht>r Commodities ________________________ _
CustomPrs' I~iabllity on I~dters of Credit and Aeceptanct>s __________ _
Profit and Loss __________________ _ Other Rt>sources __________________ _

12.0:11.:11
~l.iUt:~:~
2.!100.00 X01w
:UJIIO.OO
1.1;oo.oo
Xorw
:!li,rnr.:n
Xolll'
Xo-lle 2fi4.H!l
XonP
::\Olll'
XonP Xoue

E. E. GRIFFIN,

Cashier.

Began Business: 11-27-1905

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

LJ.\Il!LIT!E,; : Capital Stock _______________________ $
Capital .Xotes _________ _ Surplus .Fund ______ _
rndivided Profits ______ --------UeservP Ptmds ________ Due to Banks ____..__ _ J)ividend:-; l'npai<l _____ _
('ashit'r's Check~ ------------
Certified Checks ----------------Hemand Deposits ---------------- _ Tinw Certificates of Deposits------ Having~ Dt>posits -------- -------- _ J~etters of Credit aHd .<\{cept<UH'l'S
exel'Utld for CustomPJs ---------Bills Payable _________ _

1 ~.000.00
~one ~.000.00
1.200.00
~Ollt'
X one :XollP
j():~.titl ~one
i ti. :~~a. 7 ;-; :-;one Xotw
XonP
~one

Xott'S and Bills Hedis{ounted Other Liabilities

;\Olll'
XniH'

Total --------------------- ________ $

Total

- -- .. $

54

DEPARTMENT OF BANKING

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

STATEMENT

Showing condition at the close of Business December 30, 1939, of

Glennville, Ga.

As called for by the Superintendent of Bank.

\\'. F. DURRENCE, President.
Date of Charter: 1-12-1905

J. A. BACON Cashier. '
Ileg-an Business: 1-18-1905

ra:c<ontCES: Loans and Discounts -~- _____________ $ State of Georgia and ~[nuicipal
B(Jtlds OWllCd ---------------------
1~. S. GovcrnmPnt Securith's ownecL_ Otht"l' Stocks and Bonds ownl'CL __ _ Banking House and I.. ot__ ___________ _ }'urnitnre and Fi\JurPs ____________ _ Other HLal Estatt> owned ________ _ Cash in Yault and .\moulll cl!!l' from
appnnLd Reserve .\g-t>nts _______ _ Checks for Clearing and duL from
otht>r Baul~s _________ , ___
Cash Items ----------------------Onrdrafts __ - ------- _________ -----AdrancL on Cotton and other Com-
moditil'S ____________________ -----
Customer~' Liability on I~t>tttrs of Credit and ~\ccepLuHes __________ _
Profit and Los~c __________________ _ Other Resources ---------- _________ _
Total ______ .. ____________________ --$

4.ti00.00 :l-1.200.00
iiOU.OO
~.7:l0.00
noo.oo
H.~Oli.Oil
.:\ouc
.:\'011(' Soll{'
1,:l~2.:J9
X on{' 4111.11
X one
30 n,,) 23 .G.i

-------* Ll.\ BILITJEI':
Capital Stock __ napital Kotes _____ ----------------Surplus Fnnd ___ _______________ _
rndivided Profits _______________ _ Rt:-;crve Funds ___________________ _ nuc- to Banks _____________________ _

JHvidrnds l'npaid ------------------('ashit'r's Checks ____ --------------

('prtifitcl Check-;

Dtnwud Deposits

_______________ _

Tinw Cprtificates c1t" lkposits _____ _

Savings Ikposit.-; ------- _________ _

Letttrs of Crvdit and .\Cl'Pptancc.. p:xeeut('(l for Cus1omPrs ________ _

Bills Payable _________ _

XotC's and Rills Rcdi.--wonnted Othlr Liabilities __

30 .ooo.oo 1'i.ooo.oo 12.ooo.oo
X one 10.ooo.oo
X one 127.50 1,403.64 X one 141.191.90 99.800.61 X one
X one X one X one X one

Total

STATEMENT Showing condition at the close of Business December 30, 1939, 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

HE~Ol'RCE~:
I~oans and Dh;counts ---------------$ State of Georgia and .:\lunicipal
Bonds ownr-d ------------------l~. K Govt>rnmcnt SecuritiPs OWllP{L_ Other Stocks and Bonds owllt'(L ____ _ Ranking House and Lot_ _________ _ Furniture and l,ixtures ____________ _ Other Real Estate owned___________ _
Cash in Yault and Amount due from approved Heserve Agents _________ _
Checks for Clearing and dur from other Banks --------------------
Cash Items ----------------------Overdrafts ------------------------Advance on Cotton and other Com-
modities ------------------------Custonwrs' Liability 011 Letters of
Crr-dit and Ac{'eptanees __________ _ Profit and Loss ___________________ _ Other ResourreH __________________ _
'l'otaI ______ - ----------------- ______$

)(;,476.97 800.00
~one
l.7:JO.OO 1,000.00 H,995.00
:~:),2S5.RO
~93.95
_;..;one .X nUl'
X one
X one 2H0.87
~one
102,91.1.96

LL\ HILITIE~ : Capit.;!l Stock ______________________ $

Capital Notes --------------------Surplus Fund ------- _____________ _ rnctivided Profits _________________ _ Hcserve Funds ____________________ _ Due to Banks _____________________ _
lHvidends Unpaid _________________ _ ('ashit>r's Cheeks _________________ _

Ct>rtified Checks ---------- ______ _ Demand Deposits -----------------Time Ccrtific.atPs of lt('posits ______ _ Savings Deposits _________________ _

J.Jettcrs of Credit <Uid .\.crt>ptanres executed for Customers _________ _
Bills l',a;abh ______________________ _

.\"otPs and Rill~ Rediscoullted _____ _

Other LiabilitiPs __ ""'

_________ _

l:i.OOO.OO 9,500.00 None None 1,300.00
~one
500.00 55.70 Xone
GG .34 7.62 10,012.64
X one
X one X one X one X one

Total

______ $ 10~.H!5.96

TWENTIETH ANNUAL REPORT

55

STATEMENT Showing condition at the close of Business December 30, 1939, 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

RESOCRCER: Loans and Discounts _______________ $ state of Georgia and ~hmicipal
Bonds owned ------------------U. S. Government Heeuritit'S owned __ Other Stocks and Bonds owned _____ _ Banking How;;e and Lot ______ _ Furniture and Fixtures ___________ _ Other Rral Estate owned _________ _ cash in Vault and ~\mount due from
approved lleservc Ap:ents________ _ Cherks for Clearing ancl due from
othrr R<lnhs -------------------Cash Items ----------------------Overdrafts ------------------------Advance on Cotton and other Com-
modities ------------------------customers' Liability on Lctters of
Credit and Acceptances __________ _
OPrtohfeirt RanesdouLrcoesss -_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_
Total _____________________________ $

187,042.:12
5,744.~0
11,400.00 1,0f;Q.OO None 1.00
~one
61,011.84
198.:>1 1,0:)5.73 1,156.86
Xone
~one ~one
Xone

LL\BILITIES: Capital Rtock _____________________ $
Capital Xotes --------------------:;.;urplus Fund --------------------l~ndividcd Profits -----------------Rnueseervtoe BFaunnkdss__-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_--_
Dividends l:n}l:lid ----------------Cashier'~ f'herks -----------------Certified Checks -----------------Demand Deposits ________________ _ TimP CPrtifirates of Deposits ______ _ ~a,-ing;; lhposits _________________ _ Letters nf Credit and ~\rceptances
CXl'C'tttl'd for Customer:-; _________ _ Rills Pa.vahh --------------------Xote~ and Bill:-; HL<-li~cotmted _____ _
Othl'l' Liclhilitif'S -------------------

2.),000.00
~one
15,000.00 4,01:>.47 1\one X one 1,014.00 1,507.99 X one
:!::!2,412.63 X one
Xone
~one
X one X one :X one

268,950.09

Total -----------------------------$ 268,950.09

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

STATEMENT Showing condition at the close of Business December 30, 1939, of
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

RE'iOl'RCE,;: Loans and Discounts _______________ $ State of Georgia and .:\ltwicipal
Bonds owned ------------------U. S. Government Securities owned __ Other Stocks and Bonds owJH'(L ____ _ Banking House and Lot_ __________ _ Furniture and Fixtures____________ _ Other Real Estate owned __________ _ Cash in Vault and Amount d11t> from
approved Reserve Agents ________ _ Checks for Clearing and due from
other Banks -------------------Cash Items -----------------------Overdrafts _______ ----------------->l.dvance on Cotton and other Com-
modities ------------------------Customers' Liability on J.~etters of
Credit and Acceptances __________ _
Profit and Loss ------------------Other Resources -------------------
Total -----------------------------$

166,985.79
6,937.79 19,460.00
1,500.00 8,300.00 4,300.00 38,956.00
125,702.19
None 347.69 421.49
6,951.51
None Kane );one
379,862.46

LIABIL!TIES :
Capital Stock -----------------"---$ Capital Xotes --------------------Surplus Fund --------------------Cndivicled Profits ----------------RDeuseervtoe BFaunnkdss__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_--_
Dividends Vnpaid ----------------nashier's Checks ----------------- Certified Checks -----------------Demand Deposits ----------------Time Certificates of Deposits ______ _
Saving-s Deposits -----------------Letters of Credit and Acceptances
Pxecuted for Customers _________ _
Rill~ Payable --------------------Xotes and Bills Rediscounted _____ ". Other l.~iabilities ------------------

50,000.00 50,000.00 10,000.00
3,826.16 X one X one None
474.26 None
188,13~.58
77,403.46
~one
X one None None None

Total _____________________________ $ 379,862.46

56

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December .~0, 19.~9, of tht
COMMERCIAL & SAVINGS BANK Griffin, Ga.
As called for by the Superintendl'nt of Rank.

T. T. BLAKELY, President.
Date of Charter: 10-11-1889

C. B. PIERCE. JR Cashier, .,
Began Business: 10-\l-1890

REfWl"RO;s: Loans a,n(] llisl'Ounts___________ ~

Statt: of Georgia and .:\lunkipal

Ronds O\\ned --------------------1~. H. Governmrut SP('III'ltiPs owtwcL_
Other StnC'ks and Hollrls owned ______ _ Banking House aud l~ot ___________ _

Furniture and }'i.:dllrf's ____________ _

Other Real Ef.:.t::tt( mnH.>tL _________ .

Cash in Yault and ~\mount dltP from

a}JJlrortd HtsL'l n .\J.:,'l'llts
{'hecks for Ckarin~ and due other banks ___ _
('ash Items __________ _

t"rfJill

Overdrafts ----------- AdvatH'f' on Cotton ,and otlH'I' {'om-

moditiPs ----------- __ ----------('ustomtrs' J.,iahility 011 Ll'tttr:-; of

Cretlit and .-\CCt>!)taiH'l'S Profit and Loss Otht>r Htsourteo.; ___ _

Total

~20.1:!0.tifi
:JI..tiX. 17
lit).fllO.~H ~3.:>80.74 ~fl.500.00
:1.75.).4:{
10,0~\.!l.j
.-1:{\l,:{li-1.0:!
l.i, 1~2.~.; 731.71i .i I;-;. :~1;
:\OJH' :\Ollt'
l.fi79.8l

LI.\BILITIES:

('apital l:-;fo('k -------------------

('apital Xotes

Surplus Fund

__________ _

l'n<lividrd Profits _________________ _

Heserve Funds ___________________ _

Dut> to B:mks _______________________ ..

I lividlnds Fnpaid <'ashier's Cherks ________________ _

Certit'iPd Clwrk" lllmand l)t'llosits __

__________ _ _ __________ _

TinH' ('ertificatt->s of l)pposits ______ _

~avings ])epo:-;it.-. -----------------
Ll'tters of Crt>dit :Jlld .\l't't'ptall<'t'" {'Xl't'Uted for ('ustomlrs _______ _

Hills Payable ____ -----------------~otes ancl Bill..; Ht>discoltntltL ____ _ Otl~tr Liahilitips _________________ _

lOll .000.00 X one
:~~.ooo.o0 :;-!06.06 -0 ..29.8; :n.no.62 10.ooo.oo L112.57
Xone ':iUI8.73
~ 1.7 40.63
17:1,04~.22
X one X one X one X nne

Total

STATEMENT Showing condition at the close of Busine~ DetcmbPr :~0. 1939, of
THE STATE BANK Griffin, Ga.

As called for by the SupPrintendent of Bank,.

D. R. CUMMING, President.
Date of Charter: 4-24-HJ3:l

S. T. 1\iARTIN, Cashier.
Began Business: 5-2-HJ33

HEI'<WRCE>-: : l . oan::: aud IHs('OIInt~ ______________ $

~t:dl' of (;eurgia and .\lunil'ipal

Bonds (J\Yned

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

r. S. Gonn1meut S(tnritie~ 0\\'tH'(L_

Otlwr Htod\:~ and Bonds ownPd _____ _

Banl\ing House and I~oL _____________

FurniturP and Fixtnrcs ____________ _

Otlwr Heal Estate owned___________ _

('ash in Vault and Amount due from apprond Rt->Rl'f\'P .\gents _________ _

('hl'('ks for Clt>aring- and due from

otht>r Hanks --------------------('a~h Items ______________________ _ Overdrafts _________________________ _

.\dvanf'L' on Cotton and other Commotlitirs _________________________ _

('ustomer~' LiabHit:r 011 LPtlPrs of Credi1 and Accet)tanecs _________ _
Profit and L-os~------------------- Otlwr JtpsourC'es

l:!.{liiti. 70 lOH,I n:1.7:i
~one
X one 4.ROO.OO
~011('
li I !I, 721.!=18
!l.77iU~
X one ;-1!10.0;)
.:\mw X one X one

Total

. __________________ $ l.l~S.Ol'i.76

Capital ~to<'k

LL\ BILITIES ___________ "

Capital .:-;ott:!:'

___________ _

~t1rplus Fund __________ _

l~ndi\idttl Profits __________________ _

Htstrn Funds --- .. ------------ . __ _ Hut to Banks _____

Di\hknds l'npaid __

('ashier's Checks -------------------Certified Checks -----------------Demand Ih>vosits __________ .

Time Certifi<'atts of Htpnsits ______ _ ~aving:-; lleposits _________________ __

IJPttt>rs of Credit and .\t'('t'ptaH('PS t>Xeruted for Customers __________ _

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

Solt>s ;md Hills Uedis(otmtcd _______ _

OthlI Liahilitirs _

___________ _

",0,000.00 None
~u .ooo.oo
~o.souo
X one X one :\one l.S9:l.6:l X one
S~l.fll.'U12
:i!l,:lO:U2
Il \.100.19
X one X one X one X one

Total

---------------------$ 1.1~:-;.0l.i.i6

TWENTIETH ANNUAL REPORT

57

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

STATEMENT Showing condition at the close of BusineR December ~0, 19~9, 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

GRADY A. SMITH, Cashier.
Began Business: 7-25-1905

RE:-;()l"HCES: Jllll~ and VisLotmts ________________ $ ~1~ate of Gt'orgia and ..\[unidpal

r.

Roncls ~- (;

ownecl nrernme

-nt

---------Sl'('lll'ities

-------OWlled __

Other ~tol'k~ and Bonds 0\YJH'CL ___ _ nankinJ! House and I~oL _ ---------~Furniture and Fixtures ____________ _

Other Real E:-;tate owned __________ _

rash in Yault and ~\mount due from af)}lfOYed HesL'l'VL' Agents ________ _

Checks tor Clearing- al!(l dut' t'rom

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

('ash lttms -----------------------

Orenlrafts ----- -- -----------------Adrame tfl1 Cotton a11d other Cum-

modit it.'." ---------------------------rustnmer< Liability ou l . etten; of
Credit and ..\ccept;_uwps __________ _

l'l'ofit and J~oss ___________ -------~--

Otlli:'r Ht.':-'llUrtes -------------

Total

_____________ $

n6,60li.1"
.),.176.-10
~011(' :\ OIH.'
:iOO.OO 230.00 !1,000.00
1!l,Of-iti.fi 1
!l.i:iR. 77 X one
-Ll:J.71l
XonP X one ::!, 721.;)~

Ll.\BILITU:S: ('aJJital ~to(k _____________________ $ ('apital Xotes ___________ _

Snrplns Fund ---------------------l~ndiYidetl Profits -----------------
Rt>HerrP Ftmcb -------------------Due to Banks ______________________ _

Dhidenrts l"npaid -----------------

('ashitr's ('hetks -------------------

('ertifiPd Check.-;

______________ _

DPmand Hepo:-;its ___________ _

Time Certifil'atts of lh-'posit:--: ______ _ :-::a,illg-s Ht>po~dt.-; __________________ _

Letter~ of Cndit and At'l'l'ptalll'l':-l L'Xt.><'lltt'd for ('ustonHrs __________ _
Bills l'ayalJlt _____________________ _
Xotes and Bills RedhH'Ollllted _______ _ Other Liabilities _________________ _

2:i.OOO.OO
Xone .X o n e
1,007.12
~one
Xont'
~one
2:12. 7~
~Ollt' H.S28.:l~ li~.16i.OO
X nne
Xmw X one
":;oo.oo
X one

Total

_____ $

STATEMENT Showing condition at the close of Busines Deeember .~0, L939, of
THE CITIZENS BANK OF HAHIRA Hahira, Ga.

As called for by the Superintendent of Bank,;.

R. C. LESTER, SR., President.
Date of Charter: 2-12-1927

H. T. SCRUGGS, Cashier.
Began Business: 2-21-1927

RESOl"RCES: L-oans and Discounts _______________ $ State of Georgia and :.\hmicipal
Bonds owned ------------------{. H. {iorernment Securitie-s owned __ Othet ~tot'k:-> and Bonds owned ____ _ Banking- House and Lot_ __________ _ Furnitun and Fixtures ____________ _ Otlter Real _Estate owned ___________ _ Cash in Yault and Amount due from
a})IJrond Reserve ..\.gents________ _ Che{'ks for Clearing and due from
other Hanks -------------------Ca~h Items ----------------------Overclraft~ _________ - ____ ----- -----AdvanC'e on Cotton and other Com-
modities _________________ --- _---Cu~tomers' Liability on I~etters of
Credit aml Aceeptances__________ _ Profit and Loss ___________________ _
Othtr Re:-;ourres -------------------
Total . ____________________________ $

~one
10,000.00 X one
730.00 l,:iOO.OO I ,:171.7:;
7S.3:lO.X~
X one X one Xont
Xotw
X one X one .)00.00
152.219. 1!l

L1ARILITIE:-;: Capital Sttwk _____________________ $
<'a}Jital Xotes ---------------------~urplw; Fund --------------------endivide<-1 Profits ----------------Reserve Funds -------------------Dne to Banks ___ -------------------Dividends rupaid ----------------Cashier's Chel.'ks --.---------------Certified Chtcks -----------------Demand Deposits ------------------Time ('prtificates of Deposits ______ _
Havings Deposits ------------------Letters of Credit and Acceptances
executed for Cnstomers __________ _
Bills Payable --------------------Xotts and Bills Redis('ounted______ _
Other Liahilitits ------------------

1.3,000.00 5.000.00
~one ~one
1,500.00 !\one X one
~one
X one 42,21:3.91 65,90;).:)0 22,599. 71'1
X one X on.t X one
~011('

Total _____________________________ $ 152,219.19

58

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, 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 _______________ $ State of Georgia and :l!unicipal
Bonds owned -------------------U. S. Government Securities owned __ Other Stocks and Bonds owned_____ _ Banking House and Lot_ __________ _ Furniture and :E'ixtures____________ _ Oth~r Real Estate owned __________ _ Cash in Vault and Amount due from
approved Reserve Agents _________ _ Checks for Clearing and due from
other Banks ---~--------------- Cash Items ----------------------Overdmfts ------------------------Advance on Cotton and other Com-
modities ------------------------Customers' Liability on Letters of
Credit and Acceptances __________ _ Profit and Loss ___________________ _
Other Resources -------------------
Total -----------------------------$

97,814.72
3,990.00 1,125.00 7,658.50 4,400.00
900.00 5,649.50
93,716.88
~one ~one
None
~one
None ::\one None
217,254.60

LIABILITIES : Capital Stock ---------------------$ Capital ;lfotes --------------------Surplus Fund ---------------------l~ndivided Profits ----------------DReuseervtoe BFaunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Dividends 1;npaid -----------------Cashier's Checks -----------------Certified Checks _________________ _
Demand Deposits -----------------Time Certificates of Deposits ______ _
Ravings Deposits -----------------Letters of Credit and Aeeept.ances
executed for Customers __________ _
Bills Payable --------------------Xotes ,and Bills Rediscounted______ _
Other Liabilities -------------------

25,ooo.oo 5,5o1o'io.onoe
~one l.lR5.30
!\'one 782.00 3,273.14 None 116,006.77 6:J,396.50 21.50
None None X one 89.93

-----
Total -----------------------------$ 2li,254.60

STATEMENT Showing condition at the close of Business December 30, 1939, 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

RESOl:RCES: Loans and Discounts_______________$ State of Georgia and ~Iunicil}al
Bonds owned __________________ _ 'C. S. Government Securities owned __ Other Stocks and Bonds owned _____ _ Banking House and Lot -----------Furniture and Fixtures ____________ _ Other Real Estate owned____________ Cash in Vault and Amount due from
approved Reserve .~ents ________ _ Checks for Clearing and due from
other Banks --------------------OCvaesrhdflIatfetms s__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_ Advance on Cotton and other Com-
moditis ------------------------Customers' Liability on Letters of
Credit and Acceptances __________ _ Profit and Loss ___________________ _
Other Resources -------------------
Total -----------------------------$

125,510.07
None 31,700.00 13,097.50 10,000.00
2,500.00 4,991.63
328,850.52
658.66 None None
17,825.37
None None
~one
535,133.75

LIABILITIES : Capital Stock ______________________ $
CRuaprpitlauls :FXuonteds _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
t:ndivided Profits -----------------RDeuseervtoe BFuannkdss__-_-_-_-_.,-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Dividends Unpaid -----------------\.ashier's Checks ------------------Certified Checks -----------------Demand Deposits -----------------Time Certificates of Deposits ______ _ Savings Deposits -----------------Letters of Credit and Acceptances
executed for Customers __________ _
Rills Payable --------------------Xotes .and Blils Rediscounted______ _ Other Liabilities ------------------

50,000.00 "X one
50,000.00 32.000.00
3,193.15 None
4,000.00 2,425.16
X one 346,556.77
46,958.67 None
None None None :-iGDe

Total _____________________________ $ 535,133.75

TWENTIETH ANNUAL REPORT

59

STATEMENT Showing condition at the close of Buiness December 30, 1939, of the

BANK OF HAZLEHURST Hazlehur,t, Ga.

As called for by the Superintendent of Bank.

JOHN ROGERS,

President.

-Date of Charter: 10-19-1906

1~~1~.1tnes

and of

Diseouuts ------------- ~ GE:orgia aud \funkirMl

Bonds owned -------------------
1". s. GovernmLnt RceuritiLs nwtH'tL_

Other Stocks and Bonds o\Yllt.'(L _____ _

Hankin~ House and Lot _____ _

:Furniture and Fixtures ______ _

Other Heal Estate owned __ _

('Hsh in Yault and ~\mount dlll' trom

approved Rtservr ~\i,:;ellt:-. __

checks for Clearing and dut. from

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

cash Items ----------------overclf'afts ----------------------
.\dvanrc on Cotton and other Com-
modities ----------~ rustomrrs' l.iability on Lettl't s nf
Credit and Arrept awcs ____ _ J'rofit and Loss _______ _

Other Resources ____ _

::H,22tJ.:)::
X one X one
1.011 XollP
1.00 1.110
20,22fi.:):) XonP X one
XorH
~OlH'
XonP

B. B. WOOTEN, Cashier.
Beg-an Business: 10-1906

1.!.\BILITIE,; ('apit.al Stock Capital Xotes __________ _ ~urplus Fund ____________ _ l.IHfiridP(l Profits __________ _ Reserve Funds _______ _ Hue to Ranks ______ _
Hividl'lHh lnvaid I 'ashier's Ched;:s __ _ Ct>rtifiPd ('hc('k,.:.; __ lJema !l(l Dtpos-its __
Tinw ('lrtificates of lll']ltJ~its ______ _ ~arillg:-; l)eposits ______________ _
Lt>ttPrs of Credit ;tud .-\('('l'IJtanl'Ps PXC('\ltccl for Customt>r~------
Bills Payable _______ _
Xotes and Bills Rtdis\'Ottntld _ OthLr Liabilitit:-> _______ _

20,000.00 XonP
10,000.00 10.006. 9:l
1:l.~OO.OO
Xont Xonf'
1.[611.0~
n.on
~:ll,nOS.II7
1,!) l9.0:l Xonp
X one X one X one Xonp

Total

STATEMENT Showing condition at the close of Business December 30, 1939, of the
BANK OF HIAWASSEE Hiawassee, Ga.

As called for by the Superintendent of Ranks.

J. F. JOHNSO~, President.
Date of Charter: 6-H-1909

W. 0. SPARKS, Cashier.
Began Business: 7-21-190(1

HE"Ol'BCE~:
Loa11s and Diseouiits ____ - ---------~ ~tate of Georgia aud ~IunkiJMl
Bonds owned _________________ _
e. S. Government ~ecuritie~ ownNL _
Other 8to{'ks and Bonds O\\'lH'tL ___ _ Ranking- Honse and Lot_ ____________ Furniture and Fixtures ____________ _ Other Real Estate oWlll'lL __________ _ Cash in \'ault and Amount due from
approYed Reserve .Agent:-; _________ _
Checks for Clearing and due from other Banks ___________________ _
Cash Items ----------------------Overdrafts ____________ ------------Advanre on Cotton and other Com-
modities _____________ -----------Customer~ };iability ou Letters of
Credit and AcceptatHes __________ _ Profit and Loss ____________________ _ Other Resources __________________ _
Total _____________________________ $

X nne 17,.\00.011
X one 1.000.011
.>00.011 2.)0.00
X one
~OIH'
:;s.so
Xonl'
X one Xonp X one
1:iG,-1:)8.~7

Ll.\BILITIES: Ltpital ~tn('k ___ _ Cnpital :\otPs _______ _
~urplus Fund {ncliYidl.'d Profits Rescryc Funds __ _ Due tu Banks ___ _
lHYidt'nds l'npaid Cashier's Checks Ctrtified Cherks Demand J)eposits __ Timl' ('ertifioates uf llt:posits ~avings Devosits ________________ _
Letters of Credit and .-\C{'l'PLt!H'l'S executed for Customers __________ _
Bills Payable ___________ _
Xotes and Bills HLdb('Olllltl'(L _____ _
Othl'r Liabilities __

1.!.000.00 Xont>
:1,000.00 1,:JJ4.f\:l
X one X one :'\one 806.01 X one
1~2.0-14.02 13.1-11.~1
);one
X one
~Ollt'
X one X one

Total

60

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, of

THE HINESVILLE BANK Hinesville, Ga.

A, ealled for by the Superintendent of Bank,.

D. F. MARTIN, President.
Date of Charter: 9-4-1911

T. H. McDOWELL Cashier. '
Began Business: 11-15-1911

HESOU\l'E>i: Loans and Tlbl'O\.Illts ______________ $
:-:.tate of (;eorgia and ~lnnicipal Bonds ovmed ____________ _
{'. ~- CioHrnnwnt ~f'l'Uritit~ o\\tted __ OtlH'l' ~toe\..::; and Bonds o\Yiltd ____ _ Banking- Hou~e and Lot_ _________ _ Furtliture and Fixture:-; _______________
Other H<>al .Estate oWIH'lL _______ _
Cash in Vault and .\mount dl!L frnm approYed Rl'SL'l'Y(' _\gents _____ . __ _
Clu:cks for Clearing and dlle from other Banks -----------------
('ash ltPrns ________ ---------------
Onrdrafts ----------------_\dYance on Cotton alld ntlwr ('um-
modities ____________________ .. ___ _
Customers' Liability 011 Lettt'l's nf Credit and .\t'l'PptaHl't'S __
Profit and I~oss Othn RLsonr('l's __ _

Xoue
;\(lll(' ~nne !1~1.00
l.IHHl.fiS
1.1'14.~i
1.(H1.i. i:! XonP
]!1:).4(1
~onr
XOl1l'
!.O~O.Ii I Xont

t'apital ~tock

LL\ BILITIES: __________________ $

C.qJital .:\otes --------------------~UI'plus Fund --- ---------------l"ndivilll'd Profit:-- ---------------Hesern Fuwls -------------------IhLP tu Banks _______ ---------------
IIividl!Hls enpaid ----------------Cashier's Checks -----------------Certified Chc{'ks _______ -----------
])emancl DCilOsits ------------------Time Cl'rtifil'ates of Deposits ______ _

Savings Deposits -----------------LL'tit.rs of Credit and .AC't..'e11taners
l'Xl'l'uted for Cw;tonwr::-;_ _________ _

Hills Pay.able --------------------.\"ott's and Rills Hedisl'onuted ______ _

Other LiabilitiPs ------------------

1;;.ooo.ot :>one
10.ooo.oo 11.407.17
:>one Xone Xone
2,:15~(04
:>one 1.~~.9:12.03 "-.2H.6t
X one
Xone :>one Xone 0:!:1.42

Total

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

To~ al
--~----------------------

STATEMENT Showing condition at the dose of Business December 30, 1939, of the

BANK OF ILA lla, Ga.

As called for by the Superintt>ndent of Banks.

G. H. WESTBROOK, President.
Date of Charter: 10-11-1910

J. R. WESTBROOK, Cashier.
Began Business: 10-15-1910

HEi"(H-HCE:-;: Loans and Hi~{otmh _______________ :;;
~tail' of Ge-orgu and )lunidpal Bonds ownt.d -------------------
r . ~. (~overnment Set'llrities owned __
Other Stot'k~ and Bomh; owned ____ _ Rtanking- House and Lot_ __________ _ Furniture and Fixturt.'S ___________ _ Other Real E~tate owned ___________ _ Cash in Vault and Amount due from
approved Reserve Agents ________ _ Che{'ks for Cleating and due from
other Ranks --------------------Cash Item~ ----------------------Overdrafts ____________ ~~-- -------~Advance on C-otton and otht'T Com-
modities ------------------------Customers' Liability on Letters of
Credit and Acl'eptan-ces __________ _ Profit and Los.s ___________________ _
Other Resourres -------------------
Total

1; t ,Ofi2.2S
X one X on{' :\one 2.000.00 1.12l'Ui0 1:1,2511.00
11,894. on
:;,593.48 X -one 61.19
Xone
Xone
~one
Xone

LLUHLITIES : ('apital ~lock ______________________ $
C'apital Xotes --------------------~urplu~ Fun{l --------------------l"ndidctt.d Profits -----------------lte~Hrn Funds -------------------lhll' to Banks _____________________ _
))i\jdeiHh; rn{laid ----------------('ashier's Checks ------------------Certified Checks -------~--------- Demand Deposits -----------------Time Certifieates of Deposits ______ _
Savings Deposits -----------------Letters of Credit and Acceptances
executed for Customers __________ _
Rills Payable --------------------Xotes and Bills Rediscounted______ _ Other LlabilitleR -------~----------

15,000.00 X one
!:i,OOO.OO 2.144.26
None
~one
1.200.00 191.10 X one
22,931.58 :Js.:;o3.00
X one
X one X one
~one
X one

Total -- ~-- ~- -- ~ --- ~ ~- ~- ~ ----------$ ~'i.019.9l

TWENTIETH ANNUAL REPORT

61

STATEMENT Showing condition at the close of Business DPeember 30, 1939, of the
BANK OF JONESBOHO Jonesboro, Ga.

As called for by the Superinttnd<nt of Bank,.

ELIZABETH M. BLALOCK, President.
Date of Charter: 10-6-1903

J. B. f'ULLLUI, Cashier.
Began Business: 11-7-190:3

RESOl:RCES: Loan~ and Discou_nts~---------------$ ~tate of (;('orgta and :\lunidpal
Bonds ownNl -----------------
r. ~- (;oYPl'l1111L'Ilt Hecuritib OWlll'tL
Other ~tocks and Bonds o\,ned _____ _ Ranking Hou~e _ancl LoL ____________ _ Furniture and Fixturl'~L-------------Otlwr Heal Estatl' O\flll'(L _______ _ ca~h in Yault and :\mount due from
a]Jprnn'd HL'strn ~\!!l'llt." ___ _ check:-: for Cllaring and d\H' t"l"lllll
othtr Rank:-; -----('ti.Sh Items -----------------------Overdrafts -----------.\draiH'P on Cotton autl ntlH:r Com-
moditits ---------------Customers Liabilit~ n11 Lt:.ttPr:-; ot'
('rectit and .\.<'<'Pilt<tiH't:'~ Profit and Los~-------Other Re:-;ounts
Total

l01i,180.27
X one T.i,150.00
~Olll'
1.213.00 1.21:>.00 :n.17tUl1
."\Olll' ~OlH' ~cl:~.2:l
;\olll' ;\Olll' ..\'OIH'

Capital Stock

LI.\RILITH:,.; :

Capital XotPs ~urplus }'und ________ __

l~ndhi<ILd Profits _____ _ Hcs<ne Funds _______ _

J)up to Banks ___________ _

UiYiih_>!lds rnpaid _______ _

t'ashil'l''s <'hPi'ks

CL'rtifird Checl.;:s

__ _

ill'mand llepm;its _________________ _

Time CPrtificates of ]IL'Jlihit~------ _

SaYings Heposits ------------------LL'ttl'rs of Credit and .\cctptaiH't~
t'Xl'i'U1t'd for CustomLr:-- _________ _ Hills Payable _______ _

Xote~ allil Bills RtlliSi'Ollllltd OthPr Liahilitil'~

2;i,OOO.OO -:\ont'
25,000.00
44.~~
X one X one XonP 29.fill
~Oil('
~iHl ,6:56.7:1
~one n:1,2~:uo
XOlll'
XonP X o m.. :'\o11e

Total

-. ------$ :lR:l,O 11.02
---------------------

STATEMENT Showing condition at the close of Busincs' Dt'<'cmher 30, 1939, of the

FAHl\'IEHS & MEHCIIANTS BA!"'K Junction City, Ga.

As <'ailed for by the SuperintendPnt of Bank,.

C. W. MOORE, President.
Date of Charter: :3-23-1912

IV. A. BLYTHE, Cashier.
Began Business: 4-3-1912

REsornn;,.;:
J~oclllS ltlld Discount.-; _______________ $
l'tate of l;PDrgia a11d ::\lunit-ipal Bonds owned -------- __________ _
r. S. CoYLrnment ~e<uritits OWilf'lL-
Other ~to('kS and Bond:-> OWIH<L __ ,__ _ Banking Hou~t ancl I~oL __________ _ Furniture and Fhtures ___________ . Other Real !!:stat< owned _________ _ Cash in Yault and .\molllJt <lue from
apprnyed RtserH AgPnt:-L _______ _ f'hecks for Clearing and chH from
other Bank~ __________ . _________ _ rash Items ___ , __________________ _
Overdraft.~ -------- __ ---- ----------Advance on Cotton and otlar Com-
modities _______________________ --
Customers' Liabilit~ on Lt~ttns of Credit and Al'<'PPtHuces _________ -
Profit and Loss. Other Rsounes -------------------
Total ---------------------- ______ $

X one Xmw 700.00 X.iO.OO
soo.oo
..\'OHP
:!1.115.(1[)
-l~l.2tl SOllt:'
IS9.:JX
2.:000.00
X one Xonf' X one
67.539.06

LL\BILITU:,.;: Capital ~lock _____________ ---------$ Capital ~otes ___ _______ __

Burplus Fund ---------------------rndivided Profits _________ _

Hcserve Funrls ---------- _______ _ Duf' to Banks _______________________

Dividends rnpaid

_________ _

Cashier's CheC'ks ________ _

Certified Checks ________ ---- _____ _

Demand Deposits ------------------Time Certificates of Ihposit:L .. _____ _ Savings DPJWsits __________________ _

lAettt>rs of Credit and Ai'('Pptanct~

executed for CustonH'l'"----------Bills Payable -------------------Xotrs and Bill~ Hedi:-;(ouutt:d ______ _ Other J,iahilities ------------------

Jri,OOO.OO
~one
l'i.OOO.OO 5.43
None X one 1.200.00 93.27 );one :!7 ,202.67
~.037.69
X one
X one ~..one X one
~one

Total

------$

67,;)~9.06

G2

DEPARTME~T OF DA~KIKG

STATEMENT Showing condition at the close of Business D<'t't'mlwr :~0, 1939, of the
KENNESAW STATE BA~K Kennesaw, Ga.

As called for by the Superintendent of Banks.

J. G. LEWIS, President.
Date of Charter: 4-20-1910

L. C. CHALKER Cashie1. '
Began Business: 3-1910

R~;sol:RCEI:i:
l.t>ans and Discounts _______________ $

8tate of Geor~ia and ::\Iunicipal

e.

Bso.ndGs ovOe\vrnncmden-t -

---------::St>C'lll'ities

-----0\Yned

-_ __

Other RtoekN and Bonds owned ____ _ Banking House and LoL __________ _

Furniturt" and Fixtu.res _____________ _

Other Real E~tatc O\Vlled ___________ _

Cash in Yault and Amount due from approved Heserve- ~\gent:-; ________ _

Checks for Clearing and dne from

other Banl;:s ----------------- __ _

Cash Items -----------------------
Overdrafts ---------------------- __ _ ..._\dvance on Cotton and otlwr Com-

moditiPs --------------------- ___ _ Customers' Liability on Lt-ttt>rs of

Credit and Al'<'(ptaiH'f'S __ ---------Profit and Loss __________ ----------

Other Hesources ____________ _

Tol<ll -------------------- _________ $

H.104.11t:
XmlL
~Olll'
X one :3,300.00
~.~22.H~ :!,7:~H.OO
!l ..iJH.tJO
"XOlll' "Xoue
11i0.~:2
".000.110
"XO!ll' .XO!ll'
2:l:i.OO
(i-LilO ..ili

LLI.BILITIF.S: Capital ~tflck ____________________ $
Capital Xott'.:' --------------------SuqJlus Fund --------------------Cndividetl Profit:.: -----------------HesLrre Funds -------------------JhLP to Banks _____________________ _
Dividends rnpaid ----------------Cashier's f'lwck-; ------------------CprtifiL"d ('heck:-.. -----------------Demand lh"po~it:-.. -----------------TimL" l'Lrtificatts uf Deposits ______ _
;.;:aring;s nepnsit:-.. _ --------------Letters of Crtdit and .\ccepL!lH't'.'-'
l'Xe('l\IL'ci f(lr ( 'u.-;tiJIHL'f-.. __________ _
Bills Pa.\ ahk ____ ----------------Sntes and Bill-; Ht(li-;roll!lted ______ _ Otlwr Liahilitit-.. _

lo.ooo.oo
X one Xone 1,565.23
uoo.oo
X one X one 76.70
X one lG ,208.73 :J0,8:J9.88
Xone
X one
~one
Xone X one

Totc1l

_____________ $ 6!..il0.Ci6

STATEMENT Showing condition at the close of Business Dceemlwr ~0, 19~9, of the

STATE BANK OF KINGSLAND Kingsland, Ga.

As called for by the Supt>rintendent of Banks.

S. C. SHEFFIELD, President.
Date of Charter: 11-26-1912

F. T. TILLER, Cashier.
Began Business: 12-10-1912

1\ESOl'RCE:-; : LDans and Disconnt~------- --------~ State of GeDrgia and :\lunkip,tl
Bonds owned ___________________ _
U. S. novHnment Sf'cttritiPS owned __ Other Stock:-. and Bonds owned _____ _ Ranking House atHl LoL ___________ _ Furniture and Fixtures _____________ _ Other }{pal Estate owned ___________ _ Cash in Vault and Amount due from
approved Resern~ .\gents ________ _ Checks for Clearing and due from
other Ranks -------------------OC va sehr d r aI tfet sm s_ _ _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_- -_
Advance on Cotton and other Commodities ________________________ _
Customers' Liability on Letters of Credit and Acceptancps __________ _
Profit .and Loss ------------------Other Resources --------------------
Total -------------------- _________ $

7!1, 17!1.0~
Xo!Jt'
XOIIL' :\Oil('
fl.ll7.02 :;,SOfi.9!1
S77 .:~.i
fiti,RMi.-1-1
Xoue
XOIIL'
2.1 :i
.:\'"Olll'
Xont
Xone
X one
156.819.0:l

LL\BILITIE8: Cq1ital St(JI'k ______________________ $

Capital .Xote::; ________________ -----

~urplus Fund ____ -----------------

I'n<lirided Profit:-; -----------------

JH)Pusel'rrtto

Funds ------------------R,\!lk:-.. ______________________ _

I>i\idends l-npai(i ----------------Certified Check.-; ------------------. C-ashier's ChLcks ------------------Demand Depo::-;it:-.. _________________ _
Time Certificate~ of Devosits _______ _

Sadngs DLpo:;;it:-; ------------------Lettt'rs of Credit and .\cceptance,.<-;
executed for Custonwr~----------
Bills Payable ---------------------Xotcs and Bills Rl'tlh\.'ounted ______ _

OthPr Li<thilitit-..; ------------------

1:!,0011.00 :X one
11.000.00 l,!l:l:l.09 X one X one
Xone
X one 70.00 9G.lSfL23 X one 29,629.69
X one X one X one X one

Total _____________________________$ 136,819.0:1

TWENTIETH ANNUAL REPORT

63

STATEMENT Showing condition at the close of Business December 30, 1939, of
THE BANK OF LAFAYETTE LaFayette, Ga.
As called for by the Superintendent of Banks.

C. C. GILBERT, President.
Date of Charter: 11-13-1899

H. A. DAVISON, Cashier.
Began Business: 1899

_ _: _ _ _ _ _ _ _ _ _ _ _ __ ___----------R--E_S_O_L_R_C~E~S--:----------------~----------------L-I_A_B_I_L_IT_I_E_S

L<Jans and Discounts _______________ $ ~tate of Georgia and )[unicipal
'Bonds owned ------------------( S. (;oyernment Securities owned__ oiher Stocks and Bonds owned______ &ankmg House and l..aoL______
Furniture and Ftxturf's_____________ Other Rral J.~state owned____________ Cash in Vault and Amount dta~ from
appronU Rtslrve ~\gents_________ Checks for Clearin~ and dut:' from
other Banh~ -------------------rash Items ------------~~----------overdrafts -------------------------
.AdvanC'(' on Cotton and. other Commodities -------------------------
Customers' Liahilit~ on J4ttters of Credit and ~\(~ceptanees __________ _
Profit and Loss __________________ _
Other Hesources __________________ _

311,594.79
93,220.76 64,998.2,)
1,575.00 2i ,000.00
4,000.00 a:-Ll17.20
:iOl-<,260.87
Xone 2 ..508.50
203.86
Xone
X one X one X one

Capital Stock ----------------------$ f'ap.ital ~otes --------------------Surplus Fund ---------------------Lndivided Profits -----------------Reserve Funds -------------------Due to Banks _____________________ _
lHvidcnds Unpaid -----------------
Cashier's Checks ------------------Ct'-rtified Checks -----------------Demand Deposits -----------------'fime Certificates of Dep-osits______ _
Savings Deposits -----------------Letters of Credit and Acceptances
E'Xecuted for Customers __________ _
Rills Payable --------------------Xotes and Bills Rediscounted______ _
Other Liabilities -------------------

50,000.00 None
45,000.00 2,841. 74 None None 4,000.00 146.23 None
461,514.55 51,811.28
231,130.63
None Non.e :None 34.80

Total

~ __________ $ 81\i .4 79. 2~

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

Total ________________ -------------$ 846,479.23

STATEMENT Showing condition at the close of Business December 30, 1939, of

THE CITIZENS AND SOUTHERN BANK OF LAGRANGE LaGrange, Ga.

As called for by the Superintendent of Banks.

LEWIS PRICE, President.
Date of Charter: 7-23-1937

HARRY R. SPIKES, Cashier.
Began Business: 8-2-1937

RESOt:un;s: Loans and Discounts _______________ $ 8H,7j8.06

State of Georgia and ::\luni<'iiHll

Bonds O\Vned -------------------U. S. Government Rlcurities owned. __

211,616.89 263,144.7 4

Other Stocks and Bonds owned _____ _ 89,851.61

Banking House and I.~oL __________ _

20,682.76

Furniture and li'ixtures ____________ _

~{)ne

Other Real Estate owned ___________ _

1,249.81

Cash in Vault and Amount due from approved ReHerve \gents ________ _ 1.726,861.22

Checks for Clearing and due from other Ranks ____________________ _

3,627.13

Cash Items -----------------------Overdrafts -------------------------

3,323.17 146.7:;

Advance on Cotton and other Com-

modities ------------------------ _ 86,614.46

Customers' Liability on I.jetters of Credit and Acceptances __________ _
Profit and Loss ___________________ _

~one ~one

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

1,671.34

Total --------------------- ________ $ 3.2.50.54 7.97

LIAHILITH;S:

Capit<il Stock ---------~-----------$ 100,000.00

Capital ~otes ____________________ _

~one

Surplus Fund ---------------------- 125,000.00

rndivided Profits ----------------Heserve Funds ____________________ _ Due to Ranks _____________________ _

22,305.47 38,821.37 67,202.48

Dividends Cashier's

CUhnepckaisd

_ _- _- _- _- _- _- _- _- _- _- _- _- _- _- _-_-_- -_

Cc>rtific>d Checks __________________ _

Demand Deposits __________________ _

Time Certificates of Deposits ______ _

10,000.00 2,083.29 655.30
2,053,281.99 None

Savings Deposits ------------------- 830,600.56

Letters of Credit and Acceptances

executed for Customers __________ _

None

Bills Payable --------------------Xotes ,and Bills Rediscounted ______ _

None None

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

597.51

Total -----------------------------$ 3,250,547.97

G4

DEPARTMENT OF BANKil\<G

STATEMENT Showing condition at the close of Business Dcel'mlur 30, 1939, of th4"

I''ARMERS & MERCHANTS BA:\'K Lakeland, Ga.

As called for by the Superintendtnt of Bank,.

IV. L. MILLER, President.
Date of Charter: 4-18-1907

W. C. BANKS Cashier. '
Began Business: 1907

HE>-;Ot'Hn;:-; : Loan:-~ and Discounts __ ----------- ~ State of Gt>orgia aud 1lunieipnl

r

.

Bond:-; owned f.i. (;o\'crnmt>llt

---------Secul'itif'S

-------- owned __

Other Sto<'ks and Bonds oW!lt'(L ____ _

Banldng House and LoL ___________ _

Furniture and Fixtures _____________ _

Otlwr Heal }~state O\\tied __________ _

Cu;h in Yault and ~\mount (lur from

apprmefl Resern_ Agl'ntc-; ________ _

( 'hP<'ks for Clearing and due frnm other Banks --------------- _____ _

C'<Jsh Items ------------------ __ ()\"prdra ft s _________________________ _

.\dnllH'f' on Cotton and other Com-
modities -------------------- ____ _ ('ustomers' Liabilit)- on Letters of
Credit and ArccvtaiH'L's _____________ _ Profit and Los~c __________________ _

OthPr Hl'SOUJTes __________________ _

Total

------$

.;.ooo.oo
Xolll'
XOlll'
l.SOO.OII 1.250.011
n.ooo.oo
XonP
~l)llf' 121.~:!
:Xotw
S(Hll'
Xmw
X one

I.L\IIJL!TIE>':

Capital Sto1k __ ------------------ __ $

f'apital .\"ote.. __ ------------------

Surplns Ftlnd ---------------------l"udi\"idt>d Profit ... _ .. ______________ _

Reserrt> Ft1nds __________________ _

Unt' to RalJk-; ___ .

!Hridl"i!ds rnp;lid

('ashier's ('hl'ck-, __ ---------------

('{'rtified ('ilt'l'ii:<.

lll'Illillld llepo:--.ih

Timl' CLrtifk<tt<""> uf Ilepusits ______ _

Saring-..; HtJJu:--.its

___________ _

Letten:, nf f'rtdit and .\('('eptant:l'S

t>Xi.'\'Uted f()r ! c>tomLrs __________ _

Bilb Payahlt.., _ ------------------Xote:--; and Rill..; Redh('o1lnted ______ _
Other Liahilitil'... __________ _

23.000.00 1o.ooo.o0 .>.ooo.oo
2,078.26 1 .ooo.oo
X one 1.330.00
78Us X one
] :2."1,-!.):),47 GX.fi'il.4o
I' 17X.:l9
X one X one X one X one

:2:-i7.!i~7.70
-------------------------------

STATEMENT Showing condition at the close of Business Deel'mber ;{O, 1939, of the

LAKE PARK BANK Lake Park, Ga.

As called for by the Superintendtnt of Bank,.

EWELL BROWN, President.
Date of Charter: 1-22-1906

EWELL BROWK, Cashier.
Began Business: 8-1906

HE:-;on:n;,;: l..oans and Disrounts_______________ $ ~tate of Ge-orgia and :\[tmicipal
Bonds owned ----------------C. H. Government Securitit's oWlll'(L_ Other Stocks and Bonds own((L ____ ". Ranking House and LoL __________ _ Furniture and Fixtures ____________ _ Other neal ~~state owned ___________ _ Cash in Vault and Amount due from
apJJroYed Rt>serve .AgC'nts ________ _ ( 'heC'ks for Clearing and due from
other Banks ______ .. ____________ _ Cash Items ____________ .. __________ _ Overdrafts __ ~- ______________ --~ ___ _
.\cham.'t' on Cotton and other Commodities -------------------------
CHstomers' Liability on Letters of Credit and Aecept:wces __________ _
Profit and Loss ________ .. __________ _
Other Re:--;ources ------------------
rota! ----------------- .. --------- __ $

::o.so:~.7!1
1\0lll' 1 00.01)
Xont
soo.oo
4110.00 ell :1.7H
~. 7:~:~.\l(j
X one il2.:ll 1:!7 .i!O
None
Xont> :X o n e X0ne

Capital Sf11vk

LL\HILITIES: ___ $

Capital .\ott-,

~urplu:-: Ftmd

__

l"ndiYidl'd Prufil.., __________________ _

lhserre }'umt... ______________ _

DUP to Bank-.. __ _ I )i\"idl'nds rnpn id _______________ _

( ashiLr~ Che1k:--. ( 'ert ifild ( "he~k-, - ___ .. ______________

Uemand Jlepo~it~ ___ ----~---------'l'illll' t'ertifkatL'"' of lleposits_~ ___ .._
.-.;aving..; Jlt'P\JSih -------~--------- Letters of (ndit and .\('('l'ptall('l'S
t>Xecuttd f(jr ( 'tJstomers __________ _

Bills PayalJll~ -------------~-~~---:!\otes ~and Bills Rl(li:-wounted ______ _

Other J,iabilitie..; ------------------

J :;,000.011 X one
] .770.:!1 I ,S4!l.:lO
X one X one X one
:>.90 X one 17.71HLOI\ .>.lOS.2H X one
X one X one X one X one

ToLd

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

---

TWENTIETH ANNUAL REPORT

65

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

STATEMENT

Showing condition at the close of Busine~ December 30, 1939, of

THE BRAND BANKING CO. 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

, :-; and Iliscuunts ________________ $ ~1~1;1t1e1 nf (;Lorg;ia and ~InnidJ}tll
r. Bond~ oWilt'll --------------------
:-i. (;orPrllint'llt ~t'l'llritit'S 0\Vllt'<L .. Other ~toc\~s and Bond~ O\\llt'd _____ _ BanJdn!! H()USt ~r~d Lnt ______ _ furnitun and F 1.:\tllres _ Other Httd EstatL' own~:>d _____ _ ('nsh in Yault and ~\mount dilL' from
apprtnd HPst'l'Yl' _\gt'nH _______ _
('he('b f1!1 ("karing <llld dnP from
ot!H'r Hank.-: rasll lttm:-. ------- ------------on~nlraft:-i -------- ---------.\tfr:llH't' (JJl ('otton and other Com-
nwclitils ---------------------rustomtr< lJahility on J.l'ttcrs of
Credit and Ar'('tpt.l!H'L':-i __________ _ Profit and Lo~~------------------- Oihl'r Ht~rUfl'('~
Total

I fll, 7H7. 7ti
>'-1.9Go. 1:1 l:ll,1G2.30
:.!:Lfi83.7."i
XOlll'
1.71i0.00 2-!,:).).).1 0
::'\OJH' .). jj
XonC"
Xone
"\"Oil('
Xonl'

Capital :-:.tock Capital Xote:-; F u n d :-:.11rplu~

LL\BILITIES: ----------- __________ $ _ _________________ _

{Tndivided Profits HLserYL' Funds ______________ _

f)up to Banks __ _

IHvidLnd;-; Cnpaid ('ashiPr's Ched\~ (\_rtifkd Chtcli:s Demand DPIHJsit~

__________ _

Time <'t>rtificaiL'S of Deposits ______ _ S.t\iugs Hepo~its ___________ _

Lt! ttTS of ( 'rtdi t and .\C'('<'Pta IH'E'S l'XL'('titld fnr ('ustomer:;, __________ _
Bills l'ayahlP ________ - .. ----- _______ _

::\ott':-; and Bilh Redisrnunted ______ _ Othn Li<thilitk~ ________ _

:iO,OOO.OO "X one
oO,OOO.OO 1:1.644.:>1
XOill'
:\Oil\:'
l.:iOO.OIJ 110.2;-i Xont>
2fl7 ,!i:-11.7:1 X one
2!l2.-tS2.2\I
Xont
XOlH"'
X one
:\on<>

___________________ $ 703.i!S.XO

STATEMENT Showing condition at the cloe of Buine" De<ember 30, 1939, of the

BANK OF LENOX Lenox, Ga.

As ealled for by the Superintendent of Bank,;.

J. D. ROBINSON, P1esident.
Date of Chmter: 6-20-1907

R. H. ROBINSON, Cashier.
Began Business: 6-25-1907

l\ESOrRC'E,;: Loans and Dis(ount~-- _____________ $
~t~ttl' r1f (;eorgia and :\Iunkipal Bonds O\'t'l1t.'d ____________ --------
r. X. (;0\"t'fllmlnt Ht'('Uritit'S OW!led -
Otlwr l'to(ks and Bonds owiJed _____ _ Bunkinl! Hmist and Lot_ __________ _ Furniture and }'ixtures ____________ _
Other Hl'al E:-;tatt. o\\'llt'(.L ________ _
('ash in \Tanlt a!Hl Amount due from appn,nd Resl'rvt- Ag-ents ________ _
f'heck:-: for Clt>aring and due frnm othn Bank:-: -------------------
Cash Ittm~ ------------------------Overdi'afb __ ---------------------AdniiH'l' on Cotton and other ('om-
mollitits __________ --------------
C'ustomlrs' Liahilit' on Letters of f'rpdit and Ae(ePtanee:c _________ _
Profit and I~o:-:~c __________________ _
Otht>J' Htsources -------------------

Total

'--- _____________ $

.itl.71 S.-! 1
X one X one X one GOO.IJO
noo.oo
XOIH'
,:JXO.:Hi Xotw XonP
X one
XOlll'
X one X one
2:n ,7:10.27

Capital Capital Surplus

Hto<'k Xot~;>s Fund

l.L\BI!.l'l'IES: ----------------- ___ $ ---------------------____________________ _

l~ndividld Profit:-~ -----------------Hesern_. Funds ___________________ _

nul' to Banks ____ ----------------Ilividends rnpaid ----------------('ashier's Checks _________________ _

t'ertifipd t'hL'C'ks ------------------
llem<llHl Deposit:-; ----------------Tinw Ct>rtificatt"s t~f Deposits ______ _
~a rings !)(JHsits ____ --------------
Lettlrs of Credit and .\cceptalH'f'S t'Xt:'<'tihd for CtJstomers __________ _

Hills Pay a hit> --------------------:\'otes and Hills RPdiscounh<L _____ _

Other Liahilitits ------------------

2:..ooo . oo
None ll.fiOO.OO
922.2:1 None
~one
X one 1557 .:~H
X one
91.239.2~
J02,.1:il . :1H
XOIH'
::\one X one X one
Xone

Total

-- ----- .. ------- ____ $ 2:n.7G0.2j

66

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, of 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-President and Cashier. '
Began Business: 1905

UESOl:RCES: Loans and Diseounts ________________ $ Rtate of Georgia and )lunicipal
Bonds owned -------------------U. S. Government Securities owned __ Other Stocks and Bonds owned _____ _ Ranking House and LoL __________ _ Furniture- and Fi:x'turcs ___________ _ Other Real Estate owned_________ _ Cash in Vault and Amount due from
aiJ}lruved Reserve Agent~-------- Checks for Clearing and due from
other Ranks -------------------Cash Items ----------------------Overdnafts ___ ------ _______________ _
_\dvance on Cotton and other Commodities ________________________ _
Customers' Liability on l. etterH of Credit and .Acceptances__________ _
Profit and Loss ___________________ _
Other Resources -------~~---------
Total _____________________________ $

13,503.0G
12,000.00 850.00
7,000.00 4,000.00 l,87G.OO ;;,000.00
27,889.J3
X one X one X one
:\one
~one ~one
X one
102,119.59

LIABILITIES:

Capital Stock ---------------------$ Capital ~~otes ---------------------

~urplu:-; Fund ---------------------

l:ndivided Profits ----------------

RC"~ervc
nne to

H~~aunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_

Dividt>nds Unpaid. -----------------Cashier':; Checks -----------------Certified Che<ks -----------------nemand Devosits -----------------Time Certificates of Deposits_______ Ravings Devositf.l _________________ _

Letters of Credit and Acceptances f'Xeeutrd for Customers __________ _

Rills Payable --------------------:';otes and Bills Rt>diseountcd ______ _

OthPr Liabilitits ------------------

25,ooo. 00 None
10,000.oo 3,066.28
None None 1.0l6.oo 123.98 X one :1o,033.19
~7.880.14
X one
~one ~one
X one X one

Total -----------------------------$ 102,119.39

STATEMENT Showing condition at the close of Business December 30, 1939, of the

FARMERS STATE BANK Lincolnton, Ga.

As called for by the Superintendent of Banks.

J. H. BOYKIN, President.
Date of Charter: 9-26-1911

H. B. PITT, Cashier. Began Business: 12-2-1911

UESOUUC'ES: Loans and Discounts_______________$

gta te of Georgia and :\lunicipal

r.

Bonds ovmed ------------------S. Governme-nt Securities o''lled __

Other Stocks and Bond~ owned_____ _

Banking House and LoL __________ _

}"'urniture and }'ixtures____________ _

Other Ileal Estate owned __________ _

Cash in Yault and Amount due from
approved Ueserve Agents-----~-- Cheeks for Clearing and due from

other Banks -------------------OCavsehrdraItfetms s__-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

Advanre on Cotton and other Com-

modities ------------------------Customers' Liability on Letters of
Credit and Acceptances __________ _

Profit and Loss-------------------~ Other Uesources ------------------

Total -----------------------------$

68,927.8H
2,000.00 62,735.66
None 2,000.00
1.00 716.00
150,974.59
X one 153.01 137.48
7,549.03
X one :-lone None
295,194.65

LIABILITIES : C.apital Stock ---------------------$ Capital ~otes --------------------Rurplus Fund -------------------l!ndividcd Profits ________________ _
DReuseervtoe BFaunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Dividends Cnpaid ----------------Cashier's Checks -----------------Certified Checks -----------------Demand Deposits __________ _ Time Certificates of Deposits______ _
Savings Deposits -----------------Letters of Credit and Acceptances
cxe<uted for Customers __________ _
Bills Payable --------------------~otes and Bills Rediscounted ______ _
Other Liabilities ------------------

25,000.00 None
1fi.OOO.OO 1fi .2~6.20
2,865.60 !\"one 496.00 None X one
1fi3,870.04 10,383.45 72.333.36
X one X<>ne
~one
!\"t}ne

Total -----------------------------$ 295,194.65

TWENTIETH ANNUAL REPORT

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

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

67

STATEMENT

Showing tondition at the close of Business Detember 30, 1939, of

THE PEOPLES BANK

Lithonia, Ga.

As talled for by the Superintendent of Banks.

1 M. STARR, SR., President.
Date of Chal"ter: 8-26-1910

I. M. STARR, SR., Cashier.
Began Business: 1910

HEiiOl-f{('E>':

J,oans and ~iscot,mts ---------:-.--- ~ ~l~ttC of Georgia and ..\luHH'IPal

r.

Bonds S. G

owned nverument

--------Securitics

--------mnletL_

Other Stocl\S and Bonds ownccL ____ _

Banking House apd I..ot ______ _

Furniture an~ I< ntur~~ ------- ---Other Rt'al J<~state O\\lll'(L ________ _

cash in Yault and .Amount due from apJlroved Resenc ~\~('llt~- ________ _

rhe('kS for Clearing- <Uld due from

other Bailks ------------

t'll.Sh Items ------------------- - -overdrafts --~-------------- -------.\drance on Cotton and otlwr Com-

modities ---------------- ________ --

Customers' Liability ou Lt'tttr:-:; of Credit and AreL"ptances __________ _

Profit and Loss _________________ ---

Other Resnurrcs

Total ----------- ---

,0,091.11
Xone
72,994.R2 X one
1,000.00 ;)00.00
1 ,OR0.23
~2.484.3!)
X one X one X one
X one
None Sone Sone

Capital :Stock
Capital Xote:-:;
Survlus Fund
l~ndivicled Profit~

LL\BILITIES:
----------~------$ __ ~---------------
-----------~~---
________________ _

Heserve Fnnds _ _ _______________ _

Due to Banks____ _____________ _

])ivickuds rapaid

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

Cashier's ('hecks ___________________

Ctrtified Cht>{'ks ________________ _

Demantl DL'Posits _" ________ _

Time Certifiratcs uf Deposib _________ _

:SaYings DPposits ____________ _

Ll'tttrs of Credit all(] _\('t'eptance~

t.:xetuted for Cttstonwr~----------

Hills Payable --------------------Sotes ancl Bills Hl'rli~lottllted ____ _

Other T..iahilities

_________ _

~:;.ooo.oo
.:XOllf' ~0,000.011
-1.7:::7.-l-l Xonv
Xmw
2,000.00 1!12 ..)0 Xont'
111,.)10.97 :.!:L-117 .iJti ll.:?!l:.!.0:-:1
Xnnt. Xonv X one X one

Total

- _,__ $ :.!01 .1.10 ..17

STATEMENT Showing condition at the eloe of Business Dee<'mber 30, 1939, of
THE FARMERS BANK Locust Grove, (;a.

As called for by the Superintendent of Banks.

J. 0. MINTER, President.
Date of Charter: 1-3-1910

H. C. CHILDS, Cashier.
Beg-an Business: 1-1910

HESOrl\('ER: Loans and Dis('(Jt:nt:-; __________ _
~!ate of (;eorgia and ..\Luniripal Bonds ownt~d ____________________ _
r. S. GOYC'rllmPnt. ;;.)ecuritit~ 0\\"llPtL_
Other Stocks and Bonds 0\\"lll'{L ____ _ Ranking Honse and Lot ___________ _ Furniture and Fixtures____________ _ Other Ht>al Esta.tP owned __________ _
fash in Yault and Amount dut> from apvroved Htostrve .Agents _________ _
Cherks for Clearing- and due from other Ranks ___________________ _
l'ash Items ----------------------Overdrafts ___________ ------- ---- ---
.\drance on Cotton and other Commodities __________________ -------
f'ustomPrs' Liability on Letters of Credit and AcC'eptanres __________ _
Profit and Loss ___________________ _
Other Resources ------------------

Total

---- ______ $

Xmw
1,000.00
~{)!]('
1.2:;:JoOo..OoOo
Xont'
:!J .K-!7 ..) i
Sonc Sone
~one
1,9:17.27
"XOllt'
X one X one
75,983.5~

LI.\BILITIJ;s:

Capital Stod;: ______ -------------$

CapiLli Xotls

Surplus Fund

l'wliYided Profit-.: _________________ _

HL'SPrn Funds ---------Otte to Bank..: ____________ _

DiYirhIJds tnpaid

Ca:--hin's Ched;:s -----------------

<'L'riifitd ('hp(ks

_____________ _

T>emand Dl'IJO~its ________ _

Time Certificatt>s of DeJlosit:-L _____ _ Savings J)eposi ts _________________ _

Letters of CrPdit and ;\{'('PJ)tances exeeutNl for Customers __________ _

Rills Pa:vable ____________________ _

Xotes and Bills Recliseountp{L _____ _

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

1:i,OOO.OO XonP
.>,:iOO.OO fi7 .l:i Xonl' XOlll' GUO Xnnt
::'\01\l'
.)fl.H:l4.-lfl
;~,000.00
);one
X one
~one
X one 1,'100.00

Total -----------------------------$ 7;) ,983.52

68

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, of the

FARMERS STATE BANK Lumpkin, Ga.

As called for by the Superintendent of Banks.

E. L. CARTER, President.
Date of Charter: 10-2-1911

E. E. HUMBER Cashier. '
Began Business: 12-1911

------R-EK-.0-l"R-\"J-,:-;- : - - - - - - - - - - - ----------1-.J.\_B_IL-1'1-'U-;,.;-, ------------...

Loan~ and llbcouHt:-; ________________ $
~tat( of (;porgia and .:\[uuidpal Bonds uwtH'tl __________ _
t. H. (;ovcrnment Ht:('llrities owned __ Other Sto<'hs a tid Bollds O\YJH'CL ____ _ Ranking- Hnus( and LoL ______ _
Funlitur( and J<'hture~-------Other Real E.-;tatc OWilf'(L _____ .
Cash ill Yault and Amount dui.' fron1 approvt>tl Rest:>rre .\genh; _______ _
Chl'('ks for Clt>aring and due fron1 ntlwr Hanks _________ __________ _
('ash Hems ____________ _
fhlTdraft;..; _________ - ___ -------- .. ---
.\dnuH't on Cotton and otlu,r Commodities ------------------ ______ _
l'ustomt'rs' Liability ou LLttl'rs (If Credit H tHl Acct>pta ll('L'.'-'-
Prufit aud Loss _________________ _
OthLr ltt"sour('t"S

; . 1 u.:;o
~.1110.00 ;-;,:~:w.:n
~Olll'
1.0(1
::.o~:;.oo
Jlli,:!H l.fifi
.';'one Xo!W
:.\'Ollt-'
Xmw
1.740.00

C<!Jiit;tl :-;to(k --------------------$

C~qdtal .:\otl's ---------------------

~urplus Fund

____________ _

CndiYidt(l Profits _________________ _

HesrrYL' Funds ___ . _______________ _

lllH' to Banks _______ --------------IIividends rnpaid ______________ _

('ash.in's C!le('li:s ------------------

<'Lrtit'itd ('lJL'('l\:S ------------------

i)l'Jll<llld ILposits ----------------Tinw CertifkatL"s {Jf lltJHisits _______ _

~aYings Ileposils

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

Ltt1Lrs of CrPdit and .\('CtptaiH'l'S

l'"\.t'('llted fo; ('U'-itOllll'lS __________ _

~Bnitlless

PaYahh.' --------------------and Rills Ihdiseountt(l_ _____ _

Otlt('r Liahilitits _ _____ __________ _

:>one :>one X one :>one

Total

Total

STATEMENT Showing condition at the close of Busincs' DeNmlwr 30, J 939, of th<'

LUTHERSVILLE BANKING COMPANY Luthersville, Ga.

As called for by the Superintendent of Bank.

1\. F. CULPEPPER, P1esident.
Date of Charter: 10-11-1905

L. W. McKOO);, Cashier.
Began Business: 8-3-1906

* I\E80l"RI'ES:
Loans and His<ount.s_____________ ~tate of Georgia and )Iunidpal
Bonds owned ___________________ _
1'. S. (;overnment He('Hrities owtwd __ Other Stocks and Bonds owiH'tL ____ _ BHHldng House and Lot_ __________ _ Furniture and }''ixtures ____________ _ Other Re.al Estate owned___________ _
Cash in Vault and Amount due from appron:d Rt:':-;erve Agents ________ _
( 'ht(ks for Clearing and due from other Banks --------------------
Cash ltLms ----------------------Overdrafts ------------------------.\dvatH"( on Cotton and other Com-
modities ______ ------------------('ustomers' Liability on Letters of
Credit and Arreptantes __________ _ Profit and Loss ___________________ _
Other Ht'sources ------------------
Tot a I _- __________ ... ______________ $

Xotw
~:;o.oo ::\011('
1. 700.00 949.00
.J.:li.}.OO
4-!.79R.ti7
~00.00 "::\one
:~.18.52
104.6:;
::\one ::\'one ::\'one
ill. 721.01-i

t'apital ~tU('k

Ll.\ BII.ITIES: ___________________ :j:.

t'apital :\ott's --------------------~~~rplus Fu1ul --------------------lrndivided Profits ----------------RLsern' Funds -------------------l>ue to Banks_____________________ _

Dividends enpaid -----------------

CashiPr's Chtcks ------------------

Ctrtifird Che<ks _

TDitm"meanCd erItlilfipcoastietss

-===-~=============
of Deposits______ _

SaYing;-; Deposits _________________ _

Lettt>rs of Credit and Acceptanees executed for Customers __________ _

Hills Payable __ ------------------Xote.s and Bills Hedisrountrd ______ _ Oth('l' Liahilitits ------------------

~:;.ooo.oo
Sone J.:l73.06
Xone :>one :\"one X one 196.54 X one
~19,:167.45
13.o84.0I Xone
~one
X one X one
~one

'rota I ______ -----------------------$ 79.721.06

--

TWENTIETH ANNUAL REPORT

69

STATEMENT

Showing condition at the close of Business Deeemlwr 30, 1939, of

THE PEOPLES BANK Lyons, Ga.

As called for by the Superintendent of Bank,.

Wl.VI. A. ESTROFF, President.
Date of Charter: 5-4-1935
_ _____----------R-E-~-(-J-l-:R _C_E_S_:___________________

Loans and Di~eounts _______________ $

state of Georgia and -'Iunkipal

r.

Bso.ndts;ovoewrnnmedcnt--H--ec-u--ri-t-it-'s-

-

-------owned __

Other Sto('kS and Bonds owned _____ _

Banking House and Lot_ __________ _

Furniture and Fixtures ___________ _

Other Real Estate owned _________ _

Cash in Yault and Amount due from approved Hcserve Ag-ents ___ _

('berks for Clearing and due from

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

Cash Items -----------------------
overdrafts ------------------------Advance on Cotton and otlH'r Com-
modities ________ - ----------------

Customers' Liability on Letters of Credit and Aceeptanres __________ _
profit and Loss ___________________ _

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

l,l.H.2>'
;;,ooo.oo
1.4SO.OO
1 ,:no.oo
:itiO.OO X one
":\Ollt-'
X one X one
2.648.21
~one
X one Xone

Total ------------------------ ~----*

W. T. CHINA,
Cashier. Began Business: 6-1-1935

I.L\ BIL1T1Ef< : ('apital Stoc-k _____________________ $
Capital Xutes ____ _ !'urplus Fund ____________ _
lndivided Profits Ht.sprve Funds DuL to Banks ___ _
lliridellds rnpaid ('ashier's Chl\f'ks Certified ('llC'<'ks HLmand lleposits Timt ('ertifkates of He)JO:dts ______ _
S:nillgs Deposits __ ---------------Lt_.tters of Credit and _\\'t'eptanees
exerlltf'd for C'ustonwrs __________ _
Bills Payable --------------------.\'otes and Bills HLclisronntt-rL _____ _ Otiler Liahilitil\S ________________ _

13.1100.00 Xont>
6,000.00 ~~7 ti. S-1
";;o.on
:i.OOO.OO X one
:-:.07'!?. /.i X one
1:!S,l L).lW ! I.:~O:\. 2li X nne
X one
XOlll'
X one :.!:!li.tin

Total

1~l fl ,;) !,) .0 .)

STATEMENT Showing condition at the close of Busine~~ Deeember 30, 1939, of

THE MERCHANTS & CITIZENS BANK McRae, Ga.

As ealled for by the Superintendent of Bank.

0. F. McRAE, President.
Date of Charter: 3-28-1929

D. M. McRAE, Cashier.
Began Business: 2-23-1929

RESOl:RCES: Loans and Discounts _______________ $
State of (Jeorgia and ::\lunicipal
r. Bonds ownt'd -------------------S. Government Herurities owned_Other Stocks and Bonds owned _____ _ Banktn~ Hou~e and I~oL __________ _ Furniture and l~ixtures ___________ _ Other Real Estate OWIH~d----------- Cash in Vault and Amount dut> from
an-proved Rest>rve Agents ________ _ Cheeks for Clearing and due from
other Bank8 --------------------Cash Items -----------------------Overdrafts ------------------------Advance on Cotton and other Com-
modities -----------------------Customers' Liahility on Letters of
Credit and Acceptances __________ _ Profit and Loss ___________________ _
Other Resources ------------------
Total -----------------------------$

21:2.S.il.~:{
2.000.00 :18.000.00 19.876.83
:1,800.00 200.00 1.1\0
1:13.802.40
:;,799.42 46.53
264.00
:lO.tl7!.1 R
~one
X one
~Oil('
443,H1:i.79

LL\ BILIT!ES : t'apital ~to<'k ______________________ .$ Capital XoteK ____________________ _
Surplus Fund --------------------Cndividt>d Profits ------------------Resern_" Funds --------------------Hue to Banks _____________________ _
Dividends rnpaid ----------------Cashier's Cherl;;:s ------------------Certified Che<ks -----------------Bemand Deposits -----------------Time t'f'rtiflcates of Deposits______ _
Savings Deposits -----------------Letters of Credit anLl .:\cceptan<'es
executed for Customers __________ _
Rills Payable --------------------Xotes and Hills RediscountL'<L-----OtlH'I' Liahilitif's _________________ _

50,000.011 Xont
20,000.00
3H~.!W
3,:>00.00 Xonl
o)5~.0(1
1.92J..9! X one
321)')21.2-1
4:1.~24.6,) ~Ollt'
~Ollt'
XonP Xmw
~one

Total

------------------ ____$ 443 .s 15.79

70

DEPARTMENT OF BANKil\:G

STATEMENT Showing condition at the close of Business December 30, 1939, of the
CITY BANK & TRUST COMPANY Macon, Ga.
As called for by the Superintendent of Banks.

T. RAD TURNER, President.
Date of Charter: 6-29-1931

GUYTON G. ABNEY Cashier. '
Began Business: 7-2-1931

REI'Ol-W"EI': Loaus and Dbcol!nb ___ .. ___________ $
:-.:httP nf GPor)!ia and .\funkiJial Bouds owned _________________ _
l .. S. Government ~l't'llritks mvned __ Other ~Hocks and Bonds ownttL ____ _ Banking House and lAlL __________ _ Furniture a11tl Fb.turt:s ___________ _ OthPr Hl'al Estate owlle<L _____ _ C;_tsh in Vault and .\mntmt dul' from
approve<l Ht_serYl' .\gtnts_ <'hl'('ks for ClParing and d11t' trnlll
othl'r Banks _____ _ Cash Item~ ___________ _
On'l'drafts ______________ _
.\dnt!ll'l' on Cotton and (lthl'r Commnditi(_s ____________ _
('n.-;tomcrs' Liahilit.Y nn Lethrs of Credit and .AcceptaJH'l'"-
Prnfit and VJss ___________ _ Other Hl'sourccs

None :J32.010.4:l
:)2,287 .6:! :l6,700.00
!l..!::d.9!_l .JG,liH.:;:o
J.JG,72-1.0.J
21).S!l1.9G
t.:;;;o.os
X one
X one
Xonc X one 11 .3~-!.69

Total

:!,0 12,677 .:::!l

LL\BILITIES :

Capital Stock _ -----------------.$ Capital Xotes ___

Hurplus Fund __

l'ndiriLled l'rofih HPsPne }~mHls

lhil' to Banks ______ _

Dividends l'npaid __ -------------CashiN's Checks _________________ _

Certified ('heeks ___________________ _

DLmand })pposits _________________ _

Time Certificates of Depnsits ______ _ ~:1rings Hcvosits ________________ _

Lettns of Crt>dit and .\C<'L'!lt:tiH'Cs
t'Xl'<'uted for CustOlllL'rs __________ _ Rills Pa:rahle ____________________ _

Xotes and Bills Heclis<'tlllllted ______ _

Other I~iahilities ___

_________ _

rro.ooo.oo ,;() ,ouXoo.onoe
-!:!, l 74.96
s ~2.36
ll,:l12.9;
uoo.oo
1.416.62 11.25
1 .20:J,R:l2.:Jo 17.925.00
-12H.H!l1.93
X one X one X one X one

Total _____ _

______ !f 2,012.!i7i.:H~

STATEMENT Showing condition at the close of Busines December 30, 1939, of the

BANK OF MADISON Madison, Ga.

As called for by the Superintendent of Hanks.

F. C. NEWTON, President.
Date of Charter: 12-26-1888

E. G. ATKINSON, Cashier.
Be.~an Business: 1-1-1890

ItESOriU'EI':

Lo;-ms and IHscounts_________

$

~t,ate of Ceorgia and :\I11nkipal

Bouds owned -------------------
r. :--:. (;on:Tnmcnt SL'-('Ul'ities 0\\"llt'tL_

Other Hto<"ks and Bonds owued _____ _ Banking House and LoL ____________

Furniture and Fixtuns ____________ _

Other HLal EstatL' OV!IIed __________ _

Cash in Yault and .._\mount due from

apJH'O\"ed Resen'e _\gents ________ _

Checks for Clearing and dne from
other Banks --------------------Cash Items ---------------------- _
Onrdra fts ------------------------.\dnwce on Cotton and other Com-

moditit>.s ------------------------Customns' Liability on Letters ot
Credit and .Acceptan<'es __________ _
Profit and I~oss ___________________ _

Other Hesources ------------------

Total ---------- ------------ ------ _$

I 77 ..J:!O.(i:!
1,000.00 7 ,.100.011 21 ,:Li:2.2ti 4.:)00.1111 I ,!1011.1111 21 ,:);)7 .:!1
~.)7 ..)-l X one
,),).91
1.77:-1.72
.\"Ollt'
X one Xont>

LL\BILITIES: Capital Stu<"J.i: _____________________ $
Capital \'ot<'s ---------------------Surplus :F'und ____________________ _
rncliYlded Profits __ - -------------Heser'\'l' Funds ___________________ _ J)ue to Banks _____________________ _ HiYidl'IHls lJIJpaid _________________ _
Cashil'r's Checks ------------------Certified Checks -----------------DL"Illand Deposits _________________ _
Time Certific-ate~ of DPposits ______ _ Savings Dt>IW~its _________________ _ I.cttL:rs of Credit and AcL'CIJtantes
L'X('L'Utt>d for Customers __________ _ Bills Payable ____________________ _ "Xotes and Bil1~ Redi~countL'(L _____ _ Other Liahilitit>s ______________ ----

'>0,000.00 X one
-10,000.110 l,tili9.17
~one
X one 1 ,0:)2.00
~:HI.l8
X one ~0 l.:J:JH.:JH
l:!,.l:l!i.4:l :-1-l.ti:):J.;)ti
X one X one :\one );one

Tub I

__________ $ :l!ll ,71 L!l:l

TWENTIETH ANNUAL REPORT

71

STATEMENT Showing condition at the close of Business December 30, 1939, of the

BANK OF MANCHESTER Manchester, Ga.

As called for by the Superintendent of Banks.

JAS. S. PETERS, President.
Date of Charter: 1-28-1910

L. M. BRADFORD, Cashier.
Began Business: 2-2-1910

RESOt:Ho;s :

~:tnes

and of

Digrounts --------------$ Georgia and ::\Iuni<'iJJal

L.Bso.ndGs ovoewrnnmedent-

-----------------Securities owned __

366,741.81
129,498.83 2,500.00

other Stocks and Bonds owned_____ _

15,000.00

Banking House and LoL __________ _

7,438.04

rurniture and Fixtures ____________ _

~one

Other Real Estate owned _________ ---

H,H2.70

Cash tn Yault and Amount due from pprored Reserve Agent-; ________ _
8
Checks for Clearing and due from

2:12,197.52

other Banks -------------------Cash Items ----------------------overdrafts ------------- -----------Adrance on Cotton aiHl other Com-
modities --------------------------

None 2,095.21 1,494.84
None

Customers' Liability on Letters of Credit and Acceptances __________ _

No-ne

Profit ~tnd Loss -------------------

~one

Other

Resources

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

-

-

2,985.00
---

Total _____________________________ $ 77 4,:Jfi3.~:i

LIABILITIES : Callital Stock _____________________$
Capital Notes --------------------Suq)lus Fund -------------------Lndivided Profits ________________ _
HDucseervtoe BFtuanndkss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_ Dividends Unpaid ________________ _ Cashier's Checks _________________ _ Certified Checks _________________ _ DPmand Deposits ________________ _ Timt Certificates of Deposits ______ _
Savings Deposits -----------------I~etters of Credit and Accentances
executed for Customt>rs __________ _
Bills Payable --------------------:'>otes and Hills Rediscounted ______ _ Other Liabilities ------------------

50,000.00
~one
100,000.00 38,965.26 2,040.00
~one
10,000.00 1,507.81 Kone
285,606.30 5R,519.7i
214,592.28
~one ~one
None 13,132.53

Total _____________________________ $ 7H,363.!l:;

STATEMENT Showing condition at the close of Business December 30, 1939, of

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

HESOUHCES: Loans and Discounts ______________ $ State of Georgi.a and ).lunicipal
Bonds owned ------------------L. S. Government Securities O\\"lled __ Other Stocks and Bonds owned_____ _ Banking House and LoL __________ _ 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 -------------------OCavsehrdrIatfetms s___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Advance on Cotton and other Commodities -------------------------
Customers' Liability on Letters of Credit and Acceptances__________ _
Profit and Loss ------------------0\her Resources ------------------
Total -----------------------------$

147,616.53
5,000.00 4,950.00
None 2,400.00
100.00 1,450.00
21,431.88
585.57 None 106.35
~one
None None X one
183,640.33

LIABILITIES: Capital Stock _____________________ $
Cavital ~otes --------------------Hurplus Fund --------------------rnctivided Profits -----------------nHueeservtoe RFaunnkdss__-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Dividends Unpaid ----------------Cashier's Checks -----------------Certified Checks -----------------Demand Deposits -----------------rl'ime Certificates of Deposits ______ _
Savings Deposits -----------------Letters of Credit and Acceptances
executed for Customers __________ _
Bills Payable -------------------l'otes and Bills Rediscounted______ _
Other Liabilities ------------------

1R,OOO.OO
~one
30,000.00 15,033.40
None
~~one
210.00 1,1H5.64
None 79,398.48
~one
24,441.33
None 15,000.00
None 371.48

Total _____________________________ $ 183,640.3:1

72

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Busines December 30, 1939, 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

RE>'Ol'Rl'ES: LoaHs and Discounts --------------~ ~tatp of Georgia and ~Innkii)al
Bond.-; owned ------------------1. ~. (;onrnmcnt ~t>curities owned __ Other :-;tocks and Bonds owned _____ _ Hankin;z House and I~oL ___________ _ Furnitul'l' and Fixtures ______________ _ Ot!Jer Real Estate O\nH:d ___________ _ l'ash in Yault and ~\mount due from
apprnrecl Reserve .\gt>ut...; ________ _
('iwl'hs for Clearing and dU1' t'row otl!Lr Bank::; ____________ _
Ca.-:.11 Itt>m:-. ______________________ _ Onnlra fts ________________________ _
.\dratH't' on Cotton and other ComIll ocl it ics ________________________ - _
('u~tmner~ Liability nn Letters of Cndit and ..At'reptallt'P:-; __________ _
Profit and Loss ___ ---------------Othl'l' Rt>:-JO\Ifl'f'S ------------------

X one X one X one
~.-!00.00
1,800.00 Jo ..;on.:;t
1:l.).:J8 X one :~2. 7.)
X one
Xonp Xoue X one

LI.\BILITIES:

CCaappiittaall

SXt(owtJe.is.

---------------------$ ___ ., ________________ _

~urplus Fund ___ -----------------l~ndivicled Profits -----------------
Reserve Funds --------------------Due to Banks _____________________ _

nividends l'npaid ----------------('ashier's Cht('ks ------------------
Ct>rtifiPd Clwck:-: -----------------J)emand Deposits ----------------Tirlli.' Certificates nf Jleposits ______ _
~arings Veposits ----------------Letter:-. of Crt>dit and _\.cceptances
l'Xt>t'tLted fur ( 'ustomers __________ _

Bills Payable --------------------Xotcs and Bills HediscotmtecL ______ _

Otht>r T..iahilitits ------------------

3o,oo 0.00 :'>one
~2oo.oo -.a87.43
None \'one \'one \'one \'one l:l,503.96 X onE> 20.427.68
\'one \'one X one X o-ne

Total

~~~--~-~---~~--~ ~~ .--~~---~$

7-l.:i1n.o7

Total ~---~~- -~-~~ -~-~ --~----~--~~~~$ 74.:Jl9.07

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

STATEMENT Showing condition at the close of Busine~s Deeember 30, 1939, 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

RESO!'Rn;s: Loans and Disrounts _______________ $ .State of f~eorg-ia and ).!unicipal
Bonds owned ------------------(". H. novernment ~rcttrities owned __ Other ~tocks and Bonds owned ______ _ Ranking- House and LoL __________ _ Furniture and Fixtures ___________ _ Other Real Estate owned __________ _ ('ash in Yault ~and Amount due from
avprovect Ueserve _\1-{ents _________ _ Cherks for Clearing a11d due from
other Banks -------------------0C\a"sPhrdrIatfetms s___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Advanre on Cotton and other Commodities -------------------------
Customers' J~iability on J_.etters of Credit and Aeeeptant'es __________ _
Profit and Loss ------------------Otlwr Resources ------------------
Tnt a l ----------~---~ ~-- ~-~-~-- -~--$

100,1.16.17
10,000.00 22,300.00
X one 1.00 1.00
3,000.00
7:].7.11.82
X one X one
!3.;)2
X onE" X one 47tU.1
211.872.46

Capital Stock Capital Xotes F u n d ~urpl11s

LIABILITIES:
---~-----~----~--~~--$
____________________ _
____________________ _

rndiYided Profits -----------------

Reserve nue to

BFuannkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_

Dividends Unpaid ----------------('ashier's Cheek.s -----------------Certified Cheeks _________ _
Demand Deposits __________ ------Time Certifieates of Deposits ______ _
Savings Deposits -----------------I~etten; of Credit and Acceptances
exeeuted for Customers __________ _

Bills Payable --------------------Sotes and Rilb Rediseounted ______ _ Otlwr Liabilities _________________ ,

;,o,ooo.oo None
15,000.00 :1,289.68 :1,261.21 None 135.00 106.69 X one
!l9,57l.Ol 150.00
70,358.81
X one X one X one X one

Total _~-~---~-~-~--~-----~--- --~-~$ 21l.S72.46

TWENTIETH ANNUAL REPORT

7".,

STATEMENT Showing condition at the close of Business December 30, 1939, of the

METTER BANKING COMPANY Metter, Ga.

As ealled for by the Superintendent of Banks.

L.A. K~NNARD,

President.

Date of Charter: 7-25-1930

---------------------------m:sorRCES:

LS~~.1t0e5

and of

Di~cou.nt:L ____________ _ Georgia and ..\Iuni(ipal

r.

Bso.ndGs

owued ----------overnment RecuritiPs

-------ownl'd __

:;0,830.00 ',:>00.00

Other Stocks and Ronds O\\!Jt->d ______ _ 'R1lnktng Hm!Re af,id LoL ___________ _
Furniture an,ct Fixtures _______ -----

XonL
"XOlll
J.:lOO.OO

Other Real F... state O\\ued ____._______ _
rash in Yault and ~\mount dUt' from approved Uescrve ~\gtllts

X ntH'
1."1:-::.s~.l.:!:-::

Checks for Charing- and due from
other Banks -------------------Cash Items ----------------------overdrafts -------~~----------

:\one Xont 2ti2.110

Advance on Cotton and otlwr Com-

modities ------------
Customers' I..iahilit:r on L(t1Prs of Credit and .\rrepf atH'fs __ _
Profit and J..oss ____________ _

);one
:\Oil('

Other Resources - ~------------

200.1111

Total

NITA BELLE LEE, Cashier.
Began Business: 8-2G-HJ~l5

LL\ B!LITJE,.;:

(':qJit.al ~to(']\ ____________ ---------~

("apital Xofes __

~nrplus }'und

l~nrliYilll'd Profits

Rl'serYe }'unds ___ _

})lJ(' to na nks

Hiridt'IHis [~npaid

CashiLr';-; Chl'('l\.s ______________ --

Certified Clwcl;;s

____________ _

1hnwiHl ])eposits ------------------Tillle ('prtifiratls of lh'posits _______ _ :O:.a\"ings fltposits ________________ _

Ldtcrs of ('rcdit alld .\t'I'C]JtatH'es t'Xt>C'ttkd for ('nstonwrs __________ _

Hills :'\ott s

Pi! Yil :111,d

hRlcill;-}{(~l-i~~~~~~liL'tL _______

_

Otlwr Li:thilitil's

__________ _

~-i.tlllO.OO ~{)l\{
li.OOO.HO l ,002.X\l 1,000.00
XolH Xont l,ll21.7l :\nnl' :!\It:, 71~.:-i-l .:\nlle Xnnt
:'\oJh Xont XO!lt
::o.::ll

Tutiil

----~ :-::HL~n::.17

STATEMENT Showing condition at the close of Business December ;{O. 1939. of the
BANK OF MILAN Milan, Ga.

As ealled for by the Superintendent of Bank,.

R. C. CHAMBERS, President.
Date of Charter: 12-5-1906

D. R. NEWTON, Cashier.
Beg-an Business: 12-Hl06

I\ESOFRCES: Loans atHl Discounts _______________ $ State of Georg-ia and ~runidpal
Bonds owned ____________ -------U. S. Gm'ernml~nt Securit.ie~ ownttL_ Other Storks and Ronds 0\\'llf'(L ____ _ Banking HousP and Lot ____________ _ Furniture and Fixtures ______ _ Other Heal Estate owned ___ ~ Cash in Vault and .Amount duP from
approved Rt"servP Ag-Pnts _________ _ Cherl;;:s for Clearing and dill' from
other Banks ______________ ~---~ Cash Items ______________________ _
Overdrafts _________ ------- ----Advance on Cotton atH1 otlit'r ('om-
modities -------~ --------------~ CustomPrs' J.,~iability on LettPrs of
Credit and AcreptaJH'e~-----Profit and Loss_ _________ _ Other Resources ___________ _
Total _____________________________ $

10,201.7:1 :!7 ,772.1!!
X one 4,471.80
t>JJ.IlO 800.00
"X one
~Oil('
X one
fi. 129.67
X one X one X one
166,181.60

LL\BILITIE,_:

Capital Bttwk --------

__ $

('apital Xnhs ________ _

Surplu:-> Fund __

l-llllivid('d Profit:-; __ _

Uesnn~ Funds _______ _

Hue to Banks

1Hvidt>IH1S rnpairl

Cashipr's ChNks

f\_rtifictl ('lJ(cks

Demawl Ueposi t s

'l'inw Ctrtificates of IILpnsit:-; ______ _

~avings Jlpposits

Ll'ttns of CrNiit :llld .\rcep1aJH'es

exctutNl for ClJSt(JnH'r'-'-----------Bills Pa:vabll' __ _

Xotls nnd Bills HcdistountttL _____ _

OtiH'r Liahilitit's

J:i,llOO.On :UJOO.OO 1,000.00
70R.22 :i.OOO.OO
X one
~one
2:ll.97 X one
,.q,:J7G.OH ;; 1 ,f-i(i;l.41
:\ont
X nne Xotll Xont Xortt

Total

lt)t),1~1.1j0

74

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of Business December 30, 1939, of the

EXCHANGE BANK Milledgeville, Ga.

As called for by the Superintendent of Banks.

OTTO M. COHN, President.
Date of Charter: 5-20-1903

RESOl'RCES: Loans and. Diseonnts _______________ $
State of Georgia and ::\Iunicipa1 Rnncls mnwd -------------------
r. S. Covt'rnment Securities owncLL_
Other Storks and Bunds mvnprl_ ____ _ BankinJ..!: II<HI:'>C' HnLl Lot ____________ _ Furniture and Fixturt's ___________ _ Other Real Estate owned ___________ _
Cash in Vault and i\mottnt due from apJnoved Ht~senc i\~cnts _________ _
Chc<'ks for Clearin~ and d\lt.' from oth(r Ranks ___________________ _
Cash Items ______________________ _

Ovt.>rdrafts

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

.\dnlll('C on Cotton and o1ller Com-

modities ________________________ _

('ustomers' I.~inhilit r on Lettns of Crcc1it and .Accetltanee~----------
l'rofit and Lo~s __ -----------------Other Itrsources -------------------

T"t aI ____________________________ -$

400,467.79
R2,fi~O.:io
27,000.00 39,798.50
Xont
2.7:J2.~l7
35,:lR:J.R9
1:-i(l, 1::17.2-1
.-.,o.Jo.2.J X one
G:;2.\J~
21,;)17.07
".\'"011{'
:XollL' 9,042.4.>
810 .l:l :J. \i I

C. E. RAY

Cashier. '

Began Business: 6-1-1903

----------------
LL\BILITIES:

Capital tstock -----------------------~

Capital Xotcs __

_ --- ______ _

Surplu~ Fund ------------l~ndivickd Profit:-; -----------------H(:-;errc Funds __________ _

Due to Banks __________ _

])iddencls rnpaid ('ashier's Checks

____________ _

Certified Clwcks --------------------

lll'mand Dt>J)()sit-; ----------------Time Ctrtificntes of ])eposits _____ _ ~a rings Deposits _________________ _

Lf'ttt'rs of Credit aud Acceptanns

1 o o . o o 0.00
60 .ooXoo.onoo
1R,810.l9
None None 905.33 3,031.44
X one 2SG,OG6.90
X one :111,619.75

PXC'('IItl'd for Customers ___ _
Hills PayahlP ------------------~ot('S and Bills Rl'dis('OIIllted ____ _ Othl'r Liabilities ________________ _

X one ::>one ::>one ::>one

'!'(\tal ______ _

--- --------$ 810,4:l:l.6!

STATEMENT Showing condition at the close of Business December 30, 1939, of
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

REROl'RCES: T. oans and Discounts ______________ $ State of Georgia and :\lunieipal
Bonds m..-ned __________________ _ 1". S. (;overnmcnt Securities owned __ Other Rtocks and Bond::; owned _____ _ Banking Howw and LoL __________ _ Furniture and FiA-tures____________ _ Otlwr Real Estate owned ___________ _ Cash in Vault and .Amonnt dut: from
ap]noved Reserve Agt>nts ________ _ ClHrks for Clearing and due from
other Hanks -------------------Cash Items _______________________ _
Overdrafts ------------------------.\dvanre on Cotton and otht'r Com-
modities _______________________ _ Cw;tnmers' Liability on T~rttcrs of
Cn'dit and Areei;t,aiH'es __________ _ Profit and Loss __________________ _
Otht.r Hesources --------------------
Total -----------------------------$

-119,010.97
2R,79R.R-l 1:l,l7S.J:J
:X one 9,467.61 3,57R.:i0
25,308.~6
1;)2,200.60
7,187.76 616.18 3H.79
X one
X one None None
659,661. 7-l

J,L\BILITH;S: ('a pi tal StoC'I< -------------------- _$ CAauprpiltLatls XFoutensd -_-_--_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-

l~ndidded Profits ________________ _

Heserve Funds ---------------------

Due to Banks --------------------- J)i\idends 11npaid _________________ _

Cashier's Cl1rcks

______________ _

Certified Checks _________________ _

Hcmand Deposits _________________ _

Time Certificates of De})osits ______ _

Savings Deposits ----------------- _ Letters of Credit and AeceptaTI{'t's
PxecutPcl for Custotncrs _________ ..

Rills Payable --------------------:Xott>s and Bills Rediscounted ______ _ Other Liabilit.i<'s ________________ .

80,000.00 :Sone
80,000.00
~.l:l3.58
6,376.81 ::>one 404.00
6,159.67 "X one
232,050.26 )Jone
231,537.42
X one
~one
:-lone ::>one

Total _____________________________ $ 6;)9,661.74

TWENTIETH ANNUAL REPORT

75

STATEMENT Showing condition at the close of Busine's December 30. 1939. of
THE MILLEDGEVILLE RANKING CO:'IfPANY Milledgeville, Ga.

As eall<:d for by the Superintendent of Rank,.

MILLER S. BELL, President.
Date of Charter: 2-28-1874

~IILLER R. BELL, Cashier.
Began Business: 10-13-188-

---------------ES0 U\CES : l&'lllS anLl Discount;-; _________________ $
St;te of eeorj.!'la <l.lHl ::\fuuidval Bond:-; ownl'd -------- ------------
[. s. GovernnH'llt SP<'tll'lities owue(L ..
Other Sto<'l;:s and Bonds O\YlH'd _____ _ Banking House and Lot ___________ _ Furniture and Fixtnn':-; ___________ _ Other He-al :K-;tn.tc O\Ylled ___________ _
cash in Yault and Amount due from apprond Rest'rve .\gpnt::; ________ _
Check~ for Clearing and du( from othr-r Banks ----------------- ----
Cash Items -----------------------Overdrafts ------------ ----------- ---\dranrc on Cotton alld otlwr Com. modities -----------------------Customers' JJiallility on Letters of
Credit and ~\rrevtancts ___________ _ Profit and Loss __________________ _
Other Resources _________ ----- ____ _

JGfi,:JJ9.:n
72,20:!.411 2H,SIIfi.3X
~!1.07fi.li0
1 ,39~.7!) 1.00
2u,l6S.G-l
:J10,1G7.::LJ
!, lSO.G7 Xont
:l.)G.Sfl
X one
Xollt'
"XOlH' ~OIIC

Total --------------------. ______ $ 1,482,422.13

Capital Stock

LL\BILITIJ-:S: ___________________ $

Capital ~ott:-~

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

~urplu:--; li'und

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

1-ndiYilkd Profit:-; ------------- ____

Hee:;ene Funds ------------

Ilue to Banks --------------------lliYi<knds l'npaid ____________ _

Ca;:-;llin'e:; Checks -------------------

f"l'rtifit'tl Cl1ecks -------------------

llemand Dt.posits -----------------Tinw Certifil'afcs nf Depo:-.its ______ _

~a\ tngs Ikr.osits -----------------LLtters of Credit :1nd _\cccptan<.es
L'XL'CUt<.'d for CU...,tUIHl'I'S __________ _

Bills l'a:valJlL ----------------------~ot<.s and Bills HediscouHtecL _______ _
Other Linbililil':-> ____________________

:111,000.00 XOllL'
I 110,0110.011 S 1,\Hht.i.-~ 22,0110.011 Xmw fl\10.00 7 .:Hi~. j j Xont
I .2~0,070.~:-: X one Xont.'
).;mw
XOlH'
XonP .XnllL'

Total

___ $ 1,4S2.122.I::

STATEMENT Showing condition at the close of Business Decemb<:r 30. 1939, of the
BANK OF MILLEN Millen, Ga.

As ealled for by the Superintendent of Banks.

W. 1\I. CORBETT, President.
Date of Charter: 1-4-1893

W. H. SHEPPARD, JR., Cashier.
Began Business: 3-1-189:3

RESOrRCES: Loans and Discount-;_ ______________ $
St~ate of Georgia and :\lmricitwl Bond:--; owned ___________________ _
U. S. Government Hceuritics owl!ed. __ Other Stocks -and Bonds owned _____ _ Banking House and LoL __________ _ FurniturE' and }..,b,:turcs ____________ _ Other Real Estate owned __________ _
Cash in Vault -and Amount due from approvPd HPserve .AgPnts _________ _
Cherks for Clt>aring and due from CaosthherltEB'masnk_s__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Overdrafts _____ -------------------Advance on Cotton and other Com-
modities -----------------------Customers' Liability on Lettt'rs of
Credit and Acceptances __________ _ Profit and Loss __________________ _ Other Resources __________________ _

109,Sl7.17
4,07:i.OO 105,000.00
3,000.00 12,500.00
4.000.011 225.00
:i26,97S.G8
2,260.02
~one
X one
Xone
X one Sone
~one

LL\BlLlTIES: Capital Stock _______________________ $
Capital Xotes --------------------~urplus Fund --------------------rndiYided Profits -----------------Re-serve Funds -------------------Due to Ranks --------------------Jlividends Unpaid ----------------Cashier's Cheeks __ ----------------Certified Checks __________________ _
Bemand ])e-posits ___ -------------Timl' ('Lrtifkates of lh.'posits ______ _ ~avings l)ppo~ib -----------------I ..et1t'r:-; of Credit and .AtTevtanees
cxcl'Ut('(l for Custonwrs __________ _
Rills Payable ---------------------".\'otes and Bills HNliscounted ______ _
Other LiahilitiPs ------------------

50,000.00 X one
30,000.00 22,892.79
None Nonr None 1,341.95 :X o n e 4SG,l45.92 Sone 1:17,47;).21
X one X one X one X one

Total _____________________________ $ 767,855.87

Total ------------------ ___________$ 767,835.87

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

76

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, of tht>

BANK OF MOLENA Molena, Ga.

As called for by the Superintendent of Banks.

\\'. 0. JORDAN, President.
Date of Charter: 10-7-1901

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

RE~OI-1\CE~:

Loaus and lli""onn\s______________ $

:--;tate t1f (;eorgia atHl -:\l11nkipal

Bund~ owned ------------------

::'\ulll

1.. S. (:on~rnment Heturitil'S owned

:!,1\:-it).OII

Otlwr :-:.tork~ and Bond:-; ownt>d ____ _ H<lllkfllg Huu::;c and Lot_ _______ _

"Xolll' l.:iiiO.OO

Fnrniture and Fixtun'~-----------Othl'I' Rl'al Estate nwuetL _____ _

l ..).iii.IJI\ 1).0!i7 .:!:-i

t'a:-~h in Vault .and .\mount <lttt from

appron<l UesetTe .\gent.-.;__

t 'llt>t'k'i for ('learill;{ awl dtlt' t'rom

otlwr Banks-------------------t'asll Itt>ms -------------- __ Ovenlraft.s _____________ --- _

X(JlW
.-1\UW LT.:;:;

.\dvant'l' on Cotton and tlt!wr Commodities ______________ _

Cu:-:tomers' Liability on Ll'ttt'l'" of Credit e:~nd Acceptante:-. __
l'rofit and I.~oss ______ _
Otht~r Rt_sources __

:'\ntH ::'\olll' Xotll

R. H. FLETCHER
Cashier. '
Began Business: 3-1899

LI.\BILITU:S: Cavital Htoek ________________ _
Capital Xotes ------------------ __ :O:.urplus Fuutl ________________ ------
rndivided Profits ___ -------------Ht>:-o~l'I"\"i.' Fund" ________ _
Due to Hanks -------------------llividt-ntb l'npaid ________________ _ Cashier's Chel'ks _________________ _
('ertifit>d Cht-1'k:--; ___ _ Demand Heposits _________________ _
Time t'l'rtifkate-.; of lHJlOsits ______ _ :-;arin~s Jllposits ____ --------------Lltter:--; of Crt>dit and .\tteptanCl'S
l'Xt't'lltl"ll t"or t'u~tnnurs ________ _ Bills l'ayahle ________________ _
Xotl':-i <tlld Bills Hl'dbtouuttd Otlll'r Liahilitie:-. __ _

I:J.ooo.oo
X<>ne Xone 1,629.53 Xone Xone Xone
3.00
:;o.:l5XIo.2ne3
~X.690.42 !l,183.2I
X one X one X one X one

Total

Tot:~l

X 1.851.39

STATEMENT

Showing condition at the close of Busine" Deeembtr 30, 1939, of

THE FARMERS BANK

Monroe, Ga.

As called for by the Superintendent of Hank~.

C. R. BRADFORD, President.
Date of Charter: 12-2-1905

C. R. BRADFORD, Cashier.
Began Business: 1-1-1906

HEi-;01"1\("E,;: Loans and Distmmts ____________ _

~tatf' ot Georgia and )lunil'ipal

Bouds owned ------------------('_ S. Gortrnmtnt Set'll!'itil'S owuetL
Other ~tOl'l\S and Bonds owned ____ _ Banking House ~and IJot .- __________ _

~'urniture and Fixtnre~------Other HPal I<;state ownltL _____ _

Cash in Vault and ~\mount lllil' from aplll'IJ\"ld Rl'~Lrve ~\gents ___ _

('lHtks for ('learing- and duv from other Bank~ ---------------- _

(';tsh Tll.m.-.: -----------------

OHrdrafts _________

__________ _

.\dralll'L' on ('{)tton and otlwr ('om-

llltHliths --------------- ------('lt~tnmns' Liabilit:v on Ll'ttn~ of

Cn'dit and AtrepLillt'ts l'rofit and Lo~~-L ___ _

Other HL'....;ourtts _

Total

1 H!l.:~ti li. :~ 1
llO.Hi.i ..i~ 100, l:ill.OII
10.5~7 .:iO
"Xolll' ~Olll'
ll.O.:!.i.-!7
:t"i I ,-lX.).:{n
l!i,:!SUil
"Xollt'
Xotw
Xotlt'
~Olll'
Xonl
);{)Ill'

Ll.\ BII.ITIES:

('apit,al Stock -------- ------ Capital XotLs -------- __________ _
~urplu:-; Fund ___ _

l~ndivided Profits

Reserve Funds __

Hue to Banks _____

Diddt>tHh l7npaid

_

Cashilr's Checks ___________ _

Clrtifietl ('hel'ks ____ _ Dl'Ill<tnd Vepo:-;its __________________ _

Titnl' CertifiPates of IJepo~its ______ _

Savings De}Josit~ _ ---------------Lttters of ('re(lit <lll(l ,\t'l'Pptamt.~

L'Xt.'('tltt.d f(ll' ('tl:-ltOllll'l'S ___ _ Rill~ Pa,rahle _____________ _

~otts and Hills Ht-dis('Ol\lltl'tL __ _

Othl'r Liaililitil':--.

100.000.00 X one
:lo.ooo.oo
21.1-1::1.6~
Xont X one X one
!.~nut
X one
~\l-l.!Oti.Oo :tL:~2:t2-l
t:n.:!H:J.:~o
X one X one
'"Olll'
X om

Total _________

___________ $ ~t:L:Hi-l.i(i

TWENTIETH ANNUAL REPORT

STATEMENT Showing condition at the close of llusints,; Dect>mber 30, 1939, of th"
MOULTRIE BANKING COMPANY Moultrie, Ga.
As called for by the Supcrinttndtnt of Bank~.

\\'. C. VEREEN, President.
Date of Charter: 7-8-1896

- - Jn:sont(~;,;,
t.o~ll~ aucl I.)i~co~mts ___ .. _-----:--.----$ :o't1ttl' ot' (,eori-,'l.a and :\11\Ill('lpal

r. }loud:" (J\\'!led -------- -
:0:. ConTI1Illl'I1t Hecuritit-~ owned __
tlliH'f :-:tmks atHl Bonds owned _______ H:wkin~ HPuse a~d LoL __________ _
Futniture an,d Ftxtu~e, __ -------Other Real E!"tatP O\\lll'(L _________ _

rash in Yault and .\mount due from appro\etl He:.wfVL' .\gtnts
('!lt'chs for < learin~ ,tnd dltt from

nthef B,inh'-' ---- ---- --

-

rash Item:-: ------ Ort>rdraft~ --------.\chatH'l' un Cotton and other ('om-

mnditit::-<

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

rn~tomers' Liability Oil Lttttrs of

Crt>dit and Accept,alll'L's _________ _

}'rofit and Los~------- __

Othl'l' HtSOHI'l'tS

l,~IO:l,lll7.1~
-1~.1i~.xo
~0 l.c\00,()(1 \l9,64l.9:i :ii ,:30!!.2:1 :i,/9.),.1:1 li,\)77.2:-.:
nx.(;xo.J;
~()Ill'
-l.l21i .."i2
:\ ()Jll'
~Oill' ~()lH'
"Xonl'

Total

M. L. LEE,
Cashier. Began Business: 18()6

LL\BlLI'l'!r:,;:

<'a pit a 1 ~-Ho('li: Capital "Xntt"s

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

~urplu:-. Fund ___ _

l'ndhidt>tl Profit-- ________ _

ltesl'rn Funds ____ _

Dut to Hanks _____________

Diri1knrh l'npaid __________ _

( ';tshier's ( 'he1ks

('trtit'itd Chtck:-. ___________ _

llemand Ut"Po;o;ih __________________ .

TinH' f'trtifil'att>s of Ikposits ______ _

~aring-s lkpo:-;its

___________ _

Ldtt:-:-; 1Jt' Credit and .\l'l'eptalll'es

l'Xl'l'tltld t'or ('ustonH'r-; _____ _ Bills Pavahh ___________

Xotts and Bills KLdisl'OHHtt>IL _____ _

Otllt'r Liahilitit's __

~00,000.00
X one 200.001l.OO
2HU~20.0B
X one Xont
~one
l I. 7:{0 . .1.-; 27 .-!7
1.228.-lflj .1:~ o6S,Ol:l.OI
:{;~.i.Hi7.70
Xont
~OIH' ~-Ollt'
Xtllll'

Total

STATEMENT Showing condition at the close of Busine.~ Deeembf'r 30, 1939, of

THE MOUNT VERNON BANK Mount Vernon. Ga.

As called for by the Superintcndtnt of Bank,.

D. A. McRAE, President.
Date of Charter: 12-21-1()00

.J. P. PETERSON,
Cashier. Began Business: 1-24-1901

1\ESO!"l:n;,;: Loans and J)\:-;(ounts ___ ------------Statt> nf (~tnrgia and .:\lunkipal
Bonds owned _ \". ~. (;OVCI'IlilH'llt ;-,:t'('llrititS 0\\'1\(d_ Other ~tu('ks and Bonds ownl'd_. Banking- Hnusr and T~oL __ Furniturr and FixturP~----Other Real Estate mvned __ Cash in Ynult ancl Amount d1il' from
:tpprund Hl~:-\trn ~\gents __ ~ ('hct'k:-; fur Clt'aring and dttL' from
other Bank~ ------ ------rash ltPrn.... _______________ _ Ovt-rdrafts _______________ _
.\dranre on ('utton and nllll'r ('ommoditie~ --------- .. ---
rust(Jmlrs' Liability nn LL'tlt>r:-. of rrt:>dit and .\l'('eptant'~':-.. __
Profit anfl Loss _________ _
Otlwr He:-.uu!'l't:'S ____ _
Total

:-1-t.::Hi,Ofl
1-1.000.0()
l\1,0~0.0()
l.B27 ,;JO
J.H!l\1.1~ !)0~.12
7 ,001\.ti\l
IO:{.:ri."i.-Ui
)\one :\ont
. 2:~
Xone
XotH' XO!ll'
X one

l.L\BILJTIES: ('a pita l ~tot'k _ Capital Xott:-; _____ _
~urplu:-; Flllld l'ndhidl'd Profit:-. HLseJn Fund:-; J>ue to Bank:-; __ IH\'idends l'npaid __ Cashier's Checks Certit'itd Cllpt'l~s __ _ lkmand Deposits Time Ctrtificat~s of lll'Jin-;jt-;, __ ~-arings Htposits ___________ _
f..t'ttt>rs of Credit and .\tTeptanc~s n.el'tded for Cltstnllll'l's
Bills Pa)alllt> :\otLs and Hills Htdisi'OIIllted_ Otilcl' l.iahilitii-;

J;i,OOO.OO Xont
l.i,OOO.Oil :-i,i82.G\l
n:-).1.11 l,6:i4.!> I l,:JOO.OO
~\l:i.l:l ~OlH
l ~7.~S:l.4~ lB,:I0f:.9:i 17 .X-1H.2!1
XonL )."one :'\OllC' :'\nnL'

'['(Ifill

--- ___ $ 26:),1)97.27

78

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business Detember 30, 1939, of

THE UNITED BANKING COMPANY Nashville, Ga.

As called for by the Superintend<"nt of Banks.

P. H. ASKEW, President.
Date of Charter: 7-10-1924

P. L. HOWARD C'ashi('l'. '
Began Business: 7-15-HJ24

HESO!'ll!'l:~:

LIH\1!:-, <tlld Pi:->I'OUllts ~--------------S

:-;tatP uf (;lorgia and :\lunil'ipal

Bond:-; ll\\"lll'd

______________ _

l-. S. t;nnTnment Securiths 11\Yll<'CL_

OtlHr Sto('k;.;; and Bonds 0\Yned _____ _

Han king- Hou:-;c and lA)L __________ _

F!lrJJiture and Fixtnn:- ___ _

Other HP:l.l E~tatP 0\nH't'-------------

ca~h in Ya1llt and .\mount dUL' from approycfl Re:-;ern .\:.unts _____ _

Chl'l'k~ for Cllaring and d1w from othC'r Haul..: ..; _____________ _

('ash Itrms _____ _

0Ye rcl rafts ___________________________ _

.\dYaJH'l' on Cotton aull otlHr Cnm-

moditi(~

______________ _

Cu<..;tnnwrs' Liability on Letters ot Credit and ~\ccepbntes __________ _
Profit and l . oss _________________ _

Other H\''Wurrt:s -----------------

Total

--~

Xnnt "~ ..)011.00
"XOlll' ~), 17~.()() :!.(i~-1.01)
X one
:?X~.O~!i.Oii
":\()!]('
X nut
"XOlll'
.\"one
:'\Olll'
X one

LL\ HI LITlE:< Capital ~totk ____________ _ (';qlital Xotes _____________ _ :-;;11rplus Futlll ___________ _ l'udiYidltl Profit-; _______ _ Hv-;l'I'Yt' Fnnds ___________ _
Tint tn B;nJks --------------------1HYitkncb rnpaid -------('asllil'r's ('hel'J..:s ___________________ _
('(rtit'ied ('hvd;;s ____ _ llcnwnd J)(po:--its TinH' Ct'rtifil'atl's <Jf DeJltlsits ______ _ ~a\ill.t.;s lll'po~its ____ _
Lctltts of Cndlt au<l Attcut;;twes cxtt'l11td for Ci!c;l(llllt'I'<.; __________ _
B:1h I'<l,Y<Ihlt __________ _
);orcs <llld Bills Hvtlist'OIIllterl_ ___ . Ollll'l' Liabilities

:l.>.ooo.o0 ::.).ooXoo.ono,
:3t)8.-l8 X one X one 2.~oo.o 0 J,S:!:\.91
-)qq .._,~Xso.noeo
ll~.G7!.42
Xt1ne
X one X one X one X one

Total

-------------- __ $

STATEMENT Showing condition at the dose of Business December 30, 1939. of the

BANK OF NEWINGTON Newington, Ga.

As ealled for by the Superintendent of Banks.

W. W. EVANS, President.
Date of Charter: 7-7-1919

ADIEL E. HODGES, Cashier.
Began Business: 8-14-HJ19

m:son\cEs:
Loa11s and Hiscounts ________________ $ Ht.ate of Gcorhia and .:\Iunil'ipal
Bonds owned -------------------
r . H. Gonrnmeut HL'('\Jl'itif'S owncfl __
Other Rtol'ks and Bonds OWllL'd _____ ~ Ranking- House a11d LoL---------~ Ftlrniturc and Fixtuns-~---------OtlH'r Heal Estate owned _____ _, ____ _ Ca~h in Vault .and Amount dut> from
approYecl ]{('SL'fH' .\gents _____ _ ('het'ks for Clearing and (itt(' from
other Hanks -------------------Cash Items ----------------------Overdrafts __________ --------------.\dvanec on Cotton ancl otlHr Com-
modi! i(s -----------------------('ustomers' I.~iahility on J.. l'tters of
Credit and Arc<ptantes_________ _ Profit and Lo;.;s __________________ _
Otlwr Ht>sources -------------------
Tot a! _____________________________ $

10.2:J2.HI
Xont' Xonp
);"onf'
l.SIIO.OII 1.000.00 1.170.00
Xmw
"X Oil('
X one
Xonf'
Xnlll'
Xmw X one
3~.112.~1

LUBILITIF.S: Capital :ShH'k ---------------- ____ !fi Capital Xotes __ -----------------Surplus Fund -------------l~ndivided Profits ------- _________ _ Hescrve "Funds _________ _
Due to JL1nks -----------------~-- __ J)ividends l 'npaid __________________ _
Cashier's Checl.;;s ~-- ______________ _
('('rtifi('d ('lw<'l;:s -------------------l)emand fkposits ----------------Time Certifif'aiPS of Dtpo~dt~----- __ ~avings lleposits -----------------Ldters of ('rt>dlt and Acceptances
PXl'ClltPd for ('ustonHrs _______,___ _
Hili:-; Payahh~ --------~------------.Xotps :wd Rills Hediscounted ______ _
Otli<"r Liabiiit.iP:-> ------------------

1.).000.00 X one X one
70.).~9
X one ::'\one X one 47.21 .X one ~ 1.O~S.2.)
2.23~.49
12.1\0
X one :\one X nne X one

Total

--- ------------ ---------- _$ :JH,ll2.94

TWENTIETH ANNUAL REPORT
---------------------- --

79

STATEMENT

Showing condition at the close of Business December 30, 1939, 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

JU:OlOl'IICES: I.nan.'i and J)~scou.nr:-; ----------:---:- __ :-:wte of (,eor;tta all(l .Jiuntetpal
Bonds ownNi -------------------1'. ~- (; 0nrnnHnt ~tcuritiLs ownpcL_ Other :-\tocks and Rnnds owned_____ _ Ha!lldn;r House a1~d LoL __________ ~ Furniturp and Flxture~-----------Other Heal EstatP OWIH.'(L _________ _ rash in Yault and ~\mount dut from
approvPd Ihser\"l' .\gt>nts ________ _ nwl'kS t'or Cllarill~ and dill' frntll
other Banks -------------------t'ilsh Items ----------------------onrdrafts -------- ----------- ----.\t!Yalll'l' on Cotton and mhcr Com-
modities -----------------------ru~tomers' I,iahility on Lettt>r-.; of
Credit and ~\ccrpt.<,tlll'l'K .. ________ _ Profit and l~oss _______ :.. __________ _
Otho' Resourrt"S -------------------
Total --------------- ---- ___,_______ $

69,494.11
1,200.00 S,4110.00
:X one ~.(51 !l ..)~ 1.000.0(1
XOlll'
.)0,2SO.G 1
lJ.OOO.OO X one );on(
:Xonl'
XOIH'
Xmw X one
117.991.21

Capital ~tnck Capital Xotcs

LL\ B!LITIE:l: - .. --------------- ---$

Surplus Fund l'ndiYidtd P1nfits ________ ----- _____

1{(,-;en t' Funds _______________ _

Due to Ranks ________

_

DiYiden<ls l'npaid _________________ _

C'asllier's Checks

_________ _

Certified CllP<'ks ------- ____________ _

lknwncl Ikposit:-; -------------------
TimP Ctrtifi<'att:-; of Vt'posits Sayings lh.'!HJsits _______________ _

Ldttrs of Credit and .\cceptan<'~':-.

t':\.Pl'tttl'd for Ctt:dtmHTs ________ _ Bills Payahll ___________ _

:\ott'S ;md Bills Ht..disi'01Jllti..(L __ Othet Liahiliti('s . __________ _

23,000.00 :\one
25,000.00 6,Si6.21
Xone Xont
2.000.00 236.29 X one
~~.423.9-1 6.4:~.).R0
X one
Xone
X one Xone Xmw

Total

----------~

STATEMENT Showing condition at the close of Bnsine"' Dectmber 30, 1939, of the

BANK OF NORCROSS Norcross, Ga.

As called for by the Superintendent of Bank,..

T. E. JOHNSON, President.
Date of Charter: 12-12-1903

C. A. McDANIEL, Cashier.
Began Business: 2-1-1904

REOlOl:ltCES: Loans and Discounts _____ -----------~ St~ttt' of Gcor;.da and ~Ittnil'ipal
Bonds owned __________________ _
l". H. GoHrnment He('llritiPs ownpd __ Other ::-;tocks and Bonds owned _____ _ Banking- House and I~oL __________ _ Purniture and Fixturt'f\ ____________ _ Other Real Estate owned __________ _ Cash in Vault and Amount due from
appt'OYcd ResPrve ,\gents ________ _
f'hceks for Clearinl.{ and due from other Banks ___________________ ..
rash Items ----------------------Orerdrafts _______ ---- -------------.\dvanee on Cotton and other Com-
modities _________ ._ --------------rustomers' Liahilitr on Ll'ttt>rs of
Credit and Aclent.ances _________ _ Profit and I~oss ___________ .. ______ _ Other Resources __________________ _
Total _____________________________ $

Nmw
13,61~.00
XonP G,OOO.OO 1.500.00
.X nne
"XOlH'
Xonp :X o n e
Xont~
X one X one
194.081.62

LIARILITIES:

Capital ~tock __ Capital Xotes _

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

~urplu.o.; Ji'un<l __

l'ndividNl Profits

HtsLrn FmHls __

DuP to Hanks ____ _

DiYidPtHls (-npaid _

('asllier's Checks _

Certifkd <'hl'CI.;:s __________ _

J)emaild Drposits __________ .

TimP ('prtifi(atfs of Vt'IJO~its

Savings Devn~its ------------

Ll'tters of Credit and .\c('epLtll('t's

t'Xt"Cuhd for Cu::;tomers, ________ _

Hills Payable ----------- ____ ~

Sotts aucl Bills Hedi:->rountcd_____ _

Othl'l' Liabilities ______________ _

30,000.00 X one
6,000.00 6,733.77
~one
:X o n e 2,400.00
Xone
~one
13l,:l99.0R 2.800.00
11,728.77
X one
::\one
~011('
:X o n e

Total _____________________________ $ 194,081.62

80

DEPARTMENT OF BANKING

-------....

STATEMENT Showing condition at the close of Business De<,embt>r 30, 1939, of tht

BANK OF OCHLOCHNEE Ochlochuee, Ga.

As called for by the Superintendent of Bunks.

,V. H. WURST, President.
Date of Charter: 10-19-1906

A. E. SPEER Cashier. '
Began Dusiness: 11-1-1986

RES(li'J(('f:s: L(l,ans and lliscounts _________________ $
~tatt of (;enrp:ia antl .:\lttnil'ipal Bonds owned ____________ __ __
l-. ~- (;ort-'rnment ~e('llritit>s owned __ OtlHr Stocks and Hontls nWHP(L __ _ Hat1kiu!2: House and LoL ______ _
Furniture an<l Fixtures __ -----------Otlwr Hlal Estate mrm(L _____ _
Cash iu Yault and .\moutlt duv from approrPd Htserre .\grllts _______ _
Cltt('ks for Clearing anrl due t'rom otltPr Banks ------------------ __ _
Cash lttms -------------------Ov(rdrafts _____________ _
.\dranre on Cotton antl otllPr Com-
nHHlitiPs --------- ---- ----('tt~tnmrrs' J.. iahility on LP1ters of
Cndit and Al'Cl'pt.anL't's _________ _ Profit and J,o~s ___________ _ Othtr HP::.:nttnrs _________ _

Total

-- -*

Xotw I .:1.10.00
tiOO.OO I .ti:JO.OO 1 ,2:>0.00 l.Oii2.00
Xnnt XonP Xolll'
X11ll(' ~011('
Xont

LL\JHLITIE,;:

('apital ~tol'l.; (';tpital X ott'"

___________________ _

~ttrplus Fund _ -- ________________ _

l'JHlivided Profits

He:a:rYP Funds __ llul' tn Ralll\s_ _ _____________

lliYidt>tHb l'npaid

C'ashiLr's C'he1hs __ ('t"l'tifkd (']lt'ci,s __

lkmand Dtposit-.; __

Timt Cvrtifkalt-.; of lh-'po-.;its _______ _

~;nittgs lhpo~-dh _______________ _

Letters of ('J'ldit lllld _\t'l'l'Ptanl't'S

I'Xl'('l'ltd fiJI' CthlOIJl(J'~-----

Bills l'ayahlP

__________________ _

.\ntt::.: ;ttt.d Rills Hedbtounted _________

Otllt r Liahiliths

Tot.tl

--- __ $

X one X one X one
X on(

STATEMENT Showing eondition at the close of Busine~s DeeemlH'r :~0, 1939, of the

BANK OF OGLETHORPE Oglethorpe, Ga.

As called for by the Superinttndent of Bunk~.

T. H. MORGAN, President.
Date of Charter: 2-1-1901

W. E. WILBCR:-.', Cashier.
Began Business: 2-8-1901

]{~;sorHCES:

Loans alld Distotmt~------------ ___ :f.

Statl' of (;porg-ia and :\ltmkipal

Bonds ownl'd

---------------- _

r . H. (;oyp-J'I]IlWilt :--;f'l'Ul'itics 0\Ylll'd __

Otlll'r Htoclu; and Ronds owned _____ _

Banki11g- Hou::w and l.oL __________ _ Furniture and }'ixtttr('~_ Otht>r Real E~tate ow1wd ___________ _

Cash in Vault and ~\mount Uue from apprm't'd lh-'SI.:'I'H' .\gents ________ _

Chl't'k~ for ('learill~ and lltil' from othl'r Ba11ks ___ _

Cash Items ------------------Onrdrafts ________________________ .

Advant'<' on Cotton a1Hl other Com-
modities --------------------Cu:-;toml'rs' Liability on Lt'ttPrs of
Credit auct Acl't')ltawts _______ _ Profit and Loss ___________________ _

Othl'l' Rl'SOlll'('l'S

Total

:;,ouo.ou
:!7 ,:100.00 4,90:l.7u I,:iOO.OU
~OlH'
I ~A:iO.OO
!1.1.-HiO.H~i
Xoll('
~Oill'
:!:.:!J .S-1
."\0111.'
."\one .."\orw
20~.fi.iO.Ii2

Ll.\ HILITIES: Capital ~tol'h: C'a pita! );otrs ~ltrplus ~'lind . __
t'ndividtd Profits Htsenf' FtiiHls __________ _ Dtli.' to Banks ___________________ _
lli\'i<h>nds l'npaid ('ashitr's C'ht'l'ks _____________ _ <'l'rtifitd ('lwl'k-.; _____ _ llLmand Devos it~ _____ _ 'l'illll' C'l.'l'lifkatls of Ih'posit~ ____ _ ~a-ri11g.'i lleposit'i ---------------Ltlt rr-.; of f'l't'(li t a Uti .\t'<'f'ptaiH'ts
t'Xt'('li1f'tl for ('ustomfrs __________ _ Bill~ Pa_vaille ____________ _
\'"o1t"S and Hills Htdi~~ounted Otl!lr Liabilities

l.i.OOII.OO X one
10,1100.00
:l,i4~.9~ J.~i~.46
X one so.oo 1i.6:i Xone !.i L1 :l,_OS
"l,IX:i.44 Xont
Xorw X one X om '\"nne

Tot:1l

TWENTIETH ANNUAL REPORT

81

STATEMENT Showing condition at the close of Business December 30, 1939, of the

FARMERS BANK Palmetto, Ga.

As called for by the Superintendent of Banks.

J. H. BALLARD, President.
Date of Charter: 6-29-1918

____------~--R--B~S~O~l:~R~C~,}~;s--:

, s and Dis<otmt::;;. ________________ ~
S1~~1t1e1 of Georgia and \IuniciiHll

r. s.Bonds owHcd -------------------
Gonrnmcnt SC('ll~'itif'S OWJl((l__

otJ1er
Banki

St ng

ocks an Hou;.;c

d Bond;-; nWill'<L :~nd Lot_ __

_

_

__

_

Furnitltl'l' ai~fi Fixtures ____ _

Othrr Rlal bstate owned ___________ _

cash in Yault and ~\IllOllllt due from approvrd Htsnn ~\g-ents_------
rtu~rks for Cltarin~ and dU(' from

other Banks

rash Ittms -----------------------

Onrdrafts --------- -----------------

\drance nn Cotton and othcr Com-

. modlt.irs

-----------

('ustomt>rs' Liability on L<'ttt.rs of

Credit and .\('('(ptanre::; __________ _

Profit and J.oss______ ----------

Other Hesourres --- ---- _

Total

------ ---$

2.000.00 37,397.50
X one 6,000.00 2,000.011 R,:!ti5.40
"Xonr Xorw
~ono
.:\{)1\('
X one "None X one
129,31G.05

B. HUDSON, Cashier.
Began Business: 7-10-1918

LIABILITIES : Capital Stock _, ___ , ________________ $
Capital Xotcs --------------------Snrplu;.; Fund --------------------rndi\"i(led Profits -----------------lHJuPLstr\"11o.' BFaunnkdss___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_--_
DhidPtHl"' l:npaid ----------------Cashier's Checks ------------------Crrtifircl Cheeks ____________ _ nemand DC'posits _________________ _ Tinw CL'rtificatts of Deposits ______ _ ~avings Deposits _________________ _
LettLrs of f'redH and .\eCei1t.tUH'l'S exeC'nted for Customers __________ _
Rills Payable --------------------Xott.s and Hills Hediscounted ______ _ Other Liabilities -------------------

20>,000.00 :,\lone
~one
2,616.!18 None
~one ~one
70.75
~one
69,980.74 :n.676.SR
~one
~one
:Sone None
~one

Total

- ----------------------$ 129,345.05

STATEMENT Showing condition at the close of Business December 30, 1939, of
THE PATTERSON BANK Patterson, Ga.

As called for by the Superintendent of Banks.

ROMA THOMAS, President.
Date of Charter: 6-19-1907

AGNES M. THOMAS Cashier.
Began Business: 6-19-1907

RESOliRCES: Loans and Diseounts _______________ $
St,ate of Georb>ia and )funicival Bonds owned -------------------
U. S. Government Securities O\\'lled __ Other Stocks and Bonds owned _____ _ Banking House and I~oL __________ _ Furniture and Fixtures ____________ _ Other Ileal Estate owned __________ _ Cash in Vanlt and Amount due from
approvt:d Uc.scrve Agents________ _ Checks for Clearing and due from
other Banks -------------------COavsehrdrIatfetms s__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_---
Advance on Cotton and other Commodities ___ ---------------------
Customt>rs' I~iability on Lettt'rs of Credit and Acreptancc:L _________ _
Profit and I~oss ___________________ _
Other Resourees __________ ----------
Total _____________________________$

:12,777.90
None 9,000.00
None 2,280.00
816.00
~one
72,3!:3.82
~one
X one None
X one
~one
X one None
117,247.72

LIABILITIES : Capital Stock ______________________$
Capital ~otes --------------------Surplus Fund --------------------Fndivided Profits -----------------DUeu.Psprvtoe BFaunnkdss___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_--_
Dividends Unpaid ----------------Cashier's Cheeks -----------------Certified Checks -----------------J)pmand Deposits ------------------Time Certifieates of Deposits_______
Ra \'ings Deposits -----------------Letters of Credit and Acceptances
executed for Customers__________ _
Bills Payable --------------------Xotes and Bills Rediscounted_______ Other I~ialJilities ------------------

15,000.00 None
4,500.00 2,904.73
None
~one
None 143.42 :Sone 73,657.59 21,041.98
~one
~one
None :Sone None

Total -----------------------------$ 117,247.72

82

DEPARTMENT OF BANKING

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

---

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

STATEMENT Showing condition at the close of Business December 30, 1939, of the

FARMERS BANK OF PELHAM Pelham, Ga.

As called for by the Superinlt'ndcnt of Banks.

F. D. HOLLIS, President.
Date of Charter: 8-25-1902

RESOURCES: Loans ,and Discounts~--------------$ State of Georgia ant! :\Iuniripal

r

.

Bonds owned -------------------S. Government Securities owned __

Other Stocks and Bonds ownrd ______

Banking House and LoL--~-------Furnitnre and :Fixtures___________ _

Other Rertl :Estate ownPrt ______ ------

l'aHh in Yault and ..Amount due from approved Heserve Agents ________ _

Checks for Clearing and dne from

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

Cash Items ----------------------Overdrafts -----------~ ------------Advance on Cotton and othrr Com-

modities -----------------------Customers' J.~iabilit~- on Letters of
Credit and Acceptancf's __________ _ Profit and Loss ___________________ _

Other Resources --------~~----------

Tot aI __ ~~ ________ ~~ __________________ $

Nonf' JR,ROO.OO
8.950.00 :1,96::1.00 :L228.67 11,598.27
11Ll27~9R
1.522)q XonP !IH.62
X one
X one None
~one
495.8 27.00

J. R. PAYNE

Cashier. '
- Began Business: 9-1-1902 J,HBJLITIES :

Capital Stock ___ ----- ~-------------$ 100,000.oo

Capital Notcf; ---------------------Sunllus ~,und --------------------L'ndlvided Profits -----------------

None 33,ooo.00
1,568.01

RDeuseervtoe BFuannkdss__-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_--_
lli>itlends Fnpaid ----------------Cashier's Checks -----------------Certifhd Cherks --.---------------Demand Hcposits -----------------Tinw Certificates of Deposits ______ _ Savin~s Deposits ----------------Lttters of Credit and Acceptances
executed for Customers __________ _
Rilb Payable ___ -----------------Xotls and Bills Ht:>cli:wounted ______ _
Oth(r 1..-ia..bilitics _ -----------------

None None 1.612.00 239.08
s.oo
24 7,638.89 1,595.57
110,170.45
None None None None

Total

~------------------------$ 493,R27 .00

STATEMENT Showing condition at the close of Business December 30, 1939, 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: I.. oans and Discounts _______________$ State of Georgia and :lfunicipal
B4nds 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' Liabil!ty on Letters of
Credit and Acceptances__________ _ Profit and Loss ____________________
Other Resources -------------------

162,133.59
1,980.00 21,525.00
None 10,979.81
2,568.89 1,334.33
76,917.49
2:.,230.66 33.50
102.84
X one
:-lone None None

LIARILITIES : Capital Stork ~---------------------$ Capital Notes --------------------Surplus Fund --------------------L'nd!vided Profits --~--------------- RDeuseervtoe FBuanndkss_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Dividends Unpaid ---------------Cashier's Checks -----------------Certified Checks -----------------Demand Deposits -----------------Time Certificates of Deposits _______
Savings Deposits -----------------Letters of Credit and Acceptances
executed for Customers__________ _
BiUs Payable --------------------Notes and Bms RcdisromJted ______ _ Other Liabilities ------------- _____ _

T_o_t~a~l---~----~-~-~--~-~------~-~-~-~-~--~-~-~-~----~---~--~$--~3~0~2,~8~0~6~1~~------T~o~ta~l-----~-~-~--~-~---___________________ -$

25,000.00 None
5,000.00 6,626.19 10,000.00
None 336.37 4,282.70
None 116,318.40 27,160.11 108,072.87
None None None
9.47
30 2, 806.11

TWENTIETH ANNUAL REPORT

83

STATEMENT Showing condition at the close of Business December 30, 1939, of

THE PEMBROKE STATE BANK Pembroke, Ga.

As called for by the Superintendent of Banks.

D. B. WARNELL,

President.

Date of Charter: 12-29-1937

----------------------------------llEtlOCI\C'ES: LOans and Discount~ _______________ $ 01,9S0.6i

State of Georgia and )lunicipal
r. s.Bonds owned ------------------Government Securities OWllC(L_ other Stocks and Bonds OWll('(l_ _____ _

2:3,2GO.SG 21,050.00
_:<.;ont'

~~tnk!ng House and Lot_ ______ _ rurniture and Fixtures ________ _ Other Ileal Estate ownl'd ______ _

:1,000.00 1,000.00
~one

cash in Yault an<l Amount fllll' from approved Re~erve ~\.glnts ________ _

:;x.!12-l.l x

(beCkS for Clt"aring and due from

other Banks ----------------
cash Items -----------
l)rerdrafts ------------
Advance on Cotton and othtr Com-

).;nllL'
~-011('
1.11.7:!

modities ---------- _---- .. ---- ___ _ customers' LialJility Oil Lt>tttr~ of
Credit and Aceevtawe~---- _ profit and Loss _______ _

XOHL' XonL'

Other Resources -----

~OJlP

Total

________ $ li!J,:1:li.43

C. L. GRUVER, Cashier.
Began Business: 2-11-1938

LIABILITIES: Capital Stock _____________________ $

Capital :'\otes ---------------------

Surtllus Fund -------------------l'ndividcd Profits ________ ------ __

RDwc_sentoe

Funds -------------------Banks ______________________ _

Dividends rnpaid -----------------Cashier's Check::-; _________________ _

CertifiPd ChrC'ks -----------------Demand DPposits ____________________
Time Certificates of DPposit~L ____ _
~adngs Deposits ----------------Ldtcrs of Credit and ALTL'pt.an('t's
PXeeutPd for Custumcrs __________ _ Bills Payable ____________________ _
Xotes and Bills Redis('OHlltP<LOther Liabilities _______________

25,000.00 Xonp
12,500.00 68.98
2,18:1.25 10,000.00
786.00 174.09
Xonr
~l7,7G6.9:~
:J0,238.6S 609.50
X one X one X one None

Total

------------$ 179,337.43

STATEMENT Showing condition at the close of Business December 30, 1939, 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

W. V. TUGGLE, Cashier.
Began Business: 1889

1\Ei'OD\('E;:: Loans and Viscounts _______ -----Strate o.f Georgla antl }funicipal
Bonds ownrrl _______ _
U. S. Govnnmcnt Recnritip-., owJwd __ Other Stocks and Bonds mYnl'<L _ Banking Uou<;r and LoL __ _ 1urniture atHl Fixtures _____ _ Other Rcal Estate owiH.'lL __ Cash in Yault and _\mount due Hom
approved Ite."erve Agtnt.-..;_ Checks for Clearing and due from
other Ranks ___________________ _
OravsherdrIatfetms s__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Advance on Cotton and other Commodi ties ____________ ----- -- -----
Customers' Liahility on I~ettt>r:-) of Credit and ~\cceptanct>s~~------~--
Prof!t an<! Loss ________ .Other Resources _______ _

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

LL\BILITI!c~:

llS.OS0.:1:;
Xolll' .>11,000.00
~nnP
li,:JOO.OO 1.00
1,:;1)0.00

Capilal :-.:tnck ('apital Xot(.-.,
~urplus Fund l~ndlYided Profits ________________ _ Hescrn: Funds __
Ih!C' to Hank~PividtJH!s l'npaid Cashier'"> Checks _ Ctrtified Cherks

2:\,000.00 X one
27 ,:)00.00
S,R lfl.O,i
X one X one 2,1'i4.00 4.>:L20 X one

200,022.G:1

OLmand ])eposits __ ---------------- ~74.604.1(;

6,21!1.11>

Time Ct'rtifiratts of Peposits ______ _ Savings Deposits _______________ _

!8,27o.OO
~4.(;41.;30

~one

Letters of Cndit and ~\('l'CptanC'es

184.:1~
X one

rxceuteri for Customers __________ _ Bills Payahlc _ .\"o'Ps and Rills Hedi~(ounted ______ _

X one
X one Xonp

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

,]8.60

X one

XonP

X one

Total

- _____ $ :l82,:i07.GI

Total

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

84

DEPARTMENT OF BANKI!\G

STATEMENT Showing condition at the close of Business Dcc<mber 30, 1939. of th<>
BANK OF PINEHURST Pinehurst, Ga.
As called for by the Superintend<nt of Bank,;.

A. M. WILSON, President.
Date of Charter: 1-1-1908

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

Rl;SOURCES : Loans and Discounts _______________ $ 77,139.00

State of Georgia and l\Iunicipal

Bonds owned ------------------U. S. Government Securities owned __ Other Stocks and Bonds owned _____ _ Banking House -and LoL __________ _
Furniture and Fixtures ____________ _
OthE"r Heal }:state owned ___________ _

X one );onP
2.675.00 1,500.00
2.500.00 1,500.00

Cash in Vault and Amount due from approved Rest'rve Agents ________ _

CheC'k:..; for Clearing and due from

other Hanks --------------------

ll,O!l2.2i_i

Cash Items ----------------------Overdrafts ----------------------- __

Xonr X one

Advance on Cotton and other Com-

modities -----------------------Customer:;' Liability on Letttrs of
Credit and Acceptances __________ _ Profit and Loss ____________________ _
Oth('r Re:-murces _______ _

:L:ll L5:l
X(Hll'
Kone X one

F. M. WILSON

Cashier. '

Began Business: 1904

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

LL\BILITIER:

Cavital Stock _____________________$
Capital .\'otes ___ -----------------Surplus Fund --------------------

2lo,i,,OoOoNooo_.n00e00

l'ndividert Profit-: ----------------Reserve Punds ____________________

None 375.oo

Due to Banks_______________________

~one

Dividends Cnpaid __ ------------Cashier'~ Check::; __________ ________ ('prtifie-d Checks ____________ .. _____

X one 5.236.01
None

])emand Dlposit,-: ----------------TimP Certifiratf:"~ nf Deposits_______

fl6,427.84 69,999.00

f;avings Dt]Josits -----------------Letters of Cn'dit and A<eept.anl't'S
f'Xl'<'Uted for Cu:-.tiJ!lll'r:'. ____________ Rills Payahk ____________________ _
Xot(s and Bill~ Redis('onnte<J. ______ _ Other ]Jiabilith..; _________________ _

3,033.55
X one X one X one X one

Total ----------------------------$ 18::i,071AO

Total

- --- -------- ------$ 1~3.071.40

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

STATEMENT Showing condition at the close of Business December :30. 1939, of tht>

PITTS BANKING CO Pitts, Ga.

As called for by the Superintendent of Bank.

A. C. SHELL, President.
Date of Charter: 6-2-1906

:YIRS. A. C. SHELL, Acting Cashier. Began Business: 6-1906

I\ESOVRCES: I~oans and Discounts _______ .________ $ State of Georhria and ::\lunicipal
Bonds owned -------------U. S. Government SccuritiPs ownccL_ Other Storks and Bonds owned_____ _ Rankinp: House and LoL __________ _ Furniture and Fixturrs ____________ _ Other Real Estate owned__________ _
Cash in Vault and Amount due from approvPd Hescrve Agcnts ________ _
Clwrks for Clearing and due from other Banks --------------------
Cash Items ----------------------Overdrafts ------------------------Advance on Cotton and other Com-
modities ------------------------Customers' Liability on I~etters of
Credit and Acet'ptanccs __________ _ Profit and Loss ___________________ _
Other Uesources -------------------
'fotal -----------------------------$

:l7,156.8,j
X one
n, 1 ~o.oo
X one
:;oo.oo
700.00
:;,ooo.oo
11~,:; lG.,i7
Xm1e Xonp X one
X one
Xone
X one
168,833.40

LL\RILITIES: ('apHal Stoek _____________________ $

Ca11ital Xott>s --------------------Surplus Fund ---------------------t'ndiYitled Profits ________________ _ Ht'scrn' Fnn<b ___________________ __
Due to Hanl;:s _________ .. _______ _

])iYidl'IHl~ rnpaid __ -------------- _

Cashier's Checks

_____________ _

CLrtifif'd Cherks ______ _

Ikmand J)eposib --------------Time Certificates nf Deposits ______ _

Savings lkvosits ------------------
l.~ettcrs of Credit and ..\.ccept.ance.") f':\.ecutcd for Ctstomcrs __________ _

Rills Payable _ _ -------------Xotl'S and Bills Hl"dLwountP<L _____ _ Other I,iahilitit''> ___________ _

25,000.00 X one
;, .000.00 1.7:JUS
Xone Xone
Xn:o;nor
~one
1 Hi,SOfi.27 20' 1f)6.65 X one
X one Xone
~one
);one

Total -------------- _______________ $ 168,853.40

TWENTIETH ANNUAL REPORT

85

STATEMENT Showing condition at the close of Busines Decentbcr 30, 1939, of

THE BANK OF QUITMAN Quitman, Ga.

As called for by the Superinttndent of Rank.

SAMUEL S. ROUNTREE,
- President. Date of Charter: 12-26-1888
RESOURCES: Lo ns and DiscounL-; _______________ $
St:te. of Georgia and :\(unieipal Bond~ ovmed -------------------
r. s. Government Securities owned __
Other Stocks and Ronds owned _____ _ Banking House c:nct Lot_ __________ _ Furniture and Ftxtnres ___________ _ OtiH'f Real Estatt: ownetL __________ _ ('ash in Yault and Amount due from
-aJlJH'OVed Reserve Agents ________ _ Check~ for Clearing- and due from
other Banks -------------------Cash Items ----------------------overdrafts ------------------------.\d\ance (lll Cotton and other Com-
modi tie!'> ------------------------Customer~' Liabilit:v on I~ettt>r:-; of
('redit and Arceptaners ___ _ Profit and Loss ___________________ _
Other RPsonrceR -----------~

Total

---*

1:ll,683.48
None 11,500.00 :l6.679.GO
6,496.97 1.211.81 6,900.00
.):)2,465.30
1,107.14
~one
:X o n e
9:J5.37
X one
~one
Sone

H. \V. STUBBS, Cashier.
Began Business: 12-28-1888

LL\BILITIF:S: Capital ~tol'k ____ " ________________ $

Capital Xotts ____________________ _

Surplus Fund

_________________ _

rndirided Profit ~- _____________ _

Rrserrp Fund:-; ___ ___________ _

Due to Bank8 ____ . ________ _

Dividends lJnJMid Cashier'::-; Check~

------- ___ _ __________ _

Certifit--..d Chrrks

_____________ _

nemand Deposits _ ___________ _

Timt> Certificates of Dt>posits __ _ ~a rings Deposits _ . _______________

Letttrs of Credit and .\.cnpt..:lnce~ t'X('('\Ittd for Customers ____________
Hills Pa.vable ________________ _

Xotes and Rills Htdi-.;(nunted __

Other Liabilitie:-,

:10.000.00 X one
40.000.00 !l,31R.27
Hi, 167.93
5.62:~.5:1
2,000.00 926.7 7
~Ollt'
12ti,5;)4.5H
~Ollf'
1!!8,408.48
::\"one
~one
Xonf'
~OlH'

Total

________ $

STATEMENT Showing condition at the close of Busint~s December 30, 1939, of

THE TATTNALL BANK Reidsville, (;a.

As called for by the Snp<'rintend..nt of Banks.

J. V. KELLEY,
President. Date of Charter: 9-14-1900

W. E. SMITH, JR.,
Cashier. Began Business: 10-22-1900

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

RESOCRCES:

LL\ RILTTIF:S:

Loans and His('ounts_ --------------$ State of Georg'ia aud -:\Iuniripal
Bond~ ownf'd __________________ _
r. S. Covernment Seruritie:-; mrncd ___
Other Storks and Ronds owne(L ___ --
Banking Hou~e and l . ot ------------

Xont' 1G.S:i0.00
Xont
~.800.00

('apitnl Stock

__ $

Capital Xntes

~urplus Fl!nd

1yndivided Prnfits

Rt'fH'np Fund.-, _________________ _

J)up to B;llll\:'\ ____

2.!,00\1.00 XDnP
10.000.00 97.41 X on(' ::\v()llf'

Fnrnit11rc and Fixturf'8 ______._______ _
Other Heal Estate ownPd ___________ _
Cash in Vault an!l ~\mount due from apprond Reserve Ag.e!lts ________ _

1,800.011
12,-1~.).~;)

IHvirlt'lHb l'np;lid Cashier's ('llt-<k~~
Ct>rtifipd l'ln'cks DPmallc! Depn:dh

___________ _

XonP
1 ,O:JH.5H XonP
:!~.i.S7:1.H7

Cherk~ for Clearing and due from other Banks ___________________ _

~one

Timt' Ctrtificat6 of Depo~it:::; ______ _ Sn vilq.;:-; lkposi ts _________________ _

:J:l.S1:l.02 :H.9;):i. 7:1

f'ash Items ----------------------Overdrafts -----------------------.\dranre on Cotton and other Com-
modities ---------------- .. -------Customers' Liahilitv on Letters of
Credit and Acc~pt.ances _________ _ Pmfit and Loss ___________________ _

!loR.12 HiR.5!"1
X one Xont

Letter:-. of Credit and ..\.rreptanccs exer11tecl for Customers __________ _
BillR Payable --------------------Xotes and Bills Rediscounted ______ _ Othtr Liahilitil'S _________________ _

Xone
~one
None X one

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

Xmw

Tot.al -------------------- _________ $ 8::10,498.61

Tutal -----------------------------$ 350,498.64

86

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Busine"' Deecmher 30, 1939, of th..
RENTZ BANKING COMPANY Rentz, Ga.

As called for by the Superintenclent of Banks.

0. D. BARRON, President.
Date of Charter: 5-2-1914

THERON WOODWARD Cashier. '
Began Business: 5-5-1914

RE~OCRCES:

Loans and Dist~ounts

~---------~

State of Georg-ia atHi :\Iunicival Bonds ownNl ___________________ _
r. S. Government ~L'l'tll'ities 0\\lll'(L_

Other Stocks and Honcls nWilL'lL--- __

Ballking House and Lot__ Furnitlll'e and Fixtun:-. ___________ _

Other HLal Estate O\\ned ___________ _

Cash in Vault and .\motlllt dt1e frnm apprond HLserYe .\J.!tnts ___ _

Checks for Clearin).! and dilL' fro!ll other Ranks ___ _
Cash Items ________ _

0YL'rdrafL~ ___________ _

.\Llsanl'e on ('ntton and orlter ComIllO(litir-s _______________ _

Customers' Liabilitr on Letters of Credit and ACCL'Ptaiu't':-; _
Profit and Lo~s _________ _

Otllt'r Resources

Total

-----*

72,.367.~8
X one 800.00
~.000.00 ~.:100.00
X one 1,665.00
X one !l76.62
29~.92
X one X one X one

t a pita I ;.,tork

LL\ B!LITIES: __ -~

Capital XotPs

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

Surnlns Fund _____ -------------Cndivicletl Profit:-. ________________ _

Ht-sern Funcls _________________ __

Dne to Banks ______ --------------

Dividend:-; l'npaid -------------('ashier's Checks __________ _ Ct'rtifiecl Check:; __________ _ Demand Deposit:-~ ________________ _

TinH' Certifitatts of Depn:-;its ____ _ :--iaving.-; ])eposih _______________ _

Ltttns of Credit and .\l'CL'Pt.aii{'(':-i
executt'd for Cnstomers __________ _ Bills Payahlc ____________________ _

XotPS and Bills HttliscotmletL _____ _ Otlwr Liahilitil's __________________ _

Li.ooo.01 "-.ooSoo.n0e1
11.785.99 2.si3.7s
Sone son, Sone Sone 107 A98.lj
:l.292.~ ~one
);one sone sone %Uo

Total

_ _-_-_-_-_*__HG ,:lSj.38

STATEMENT Showing condition at the close of Busines~ December 30, 1939, of
THE CITIZENS STATE BANK Reynolds, Ga.

As called for by the Superintenclent of Banks.

W. J. BUTLER, President.
Date of Charter: 9-8-1922

R. L. BELL, Cashier. Began Business: 9-8-1922

RESOFH\E~:
Loan~ and DbcoHnts ______________ -~ ~tate of (;torgia and ~Inllil'ip.tl
r. Bonds (Wllt'd ------------S. (;orernmtJJt Securities 0\\"IH'd Otiwr St,orks and Bonds owned.-_ B:1 n ldng JlrJUSi:' and l,ot --------- __ _ Fl!rniture au(l Fixtures ___________ _
Other Heal r:statt: (JW!ll'd "--------Cash in Vault and .Amonnt due from
approvttl Rt>Rervc AgPnts ________ _ Cherk.;; for Clearing and dne from
ntlH'r Ranl\s ___________ _
l'nsh Items ----------------------Orenlra fts ________ --- __ ----- ___ ---.\dvance on Cotton and other \om-
nwdi tiPs _____________ ------------('ustonwr:-;' Liahilin on Letters of
\rt>dit and Al'Ceptanr(s __________ _ Profit and Loss _____ --------------Other Resources -------------------
Total -----------------------------$

X out-'
~.~:iO.OO
XonP 7,000.00 :.!.41 ~ ..i:i
t-i7.i.OO
ll.'ln~.IHI
X one Xonp X one
XOill'
Xmw X one
~4H .R8l.75

Ll.\ BIL!TIE~. Capital ~totk __ <'apital XotPs _____________ _ ~urplus Futld __ _ l'ndivicltd Profits ________ _ Hcstf\i:' Funds _____________ _ Hut' to Banks ________ _ Dividends rnpt~icl ________ _ Casllhr's Checks _________ _
('enified Chel'l.;:s -----~--------Demand Dl'posits __________ _
Time Certit'irates of lhposits ______ _ Savings Deposit.-; ___________
Ll'tters of Cndit aiHl ~\t't'PPtalH'es t'Xl'l'Uted for Customers __________ _
Hilb P.l \ <1 hie ______________ _
Xotes and Bills Rl'disl'Ollllted _____ _ Other Liabilities

:!.),000.00 X one
),000.00 :l,2H.7R :L755.10
X one 1.0:l2.00
77.43
X one J:l:\.:172.18 2UO:l.24 .i:.!,G97.02
X one X one X one X one

Total -------------- ______________ $

TWENTrETH ANNUAL REPORT

H7

STATEMENT Showing condition at the close of Business Deeembet 30, 1939, of the

RICHLAND BANKING CO. Richland, Ga.

As called for by the Superintendent of Bank~.

E W. PARISH, President.
Date of Charter: 10-13-1927

WILLIS STRICKLAND,
Cashier. Began Business: 10-15-1927

-

RESOl'RCES:

a.ns and Discounts _______________$

~te of Georgia and )Iunicipal

t.i

Bso.ndGs o0v\eYrnnemden-t-

------=-----------Seeunties owned __

Other Stocks and Bonds owned _____ _

Banking House and LoL ________ _

107,439.19
2,100.00 11,000.00 14,383.43
4,145.00

Furniture and Fixtures_ __________ _

1,278.00

Other Real Estate owned __________ _

X one

Cash in Vault and Amount dtH' from approved Reserve Agents ________ _

93,042.49

Checks for Clearing and due from other Banks --------------------
~~!~dr~~~~s --~~~~~~~~~~~~~~~~~~~~~~~

389.19
115.30 X one

Advance on Cotton and othrr Commodities -------------------------
Customers' I.~iability on J_.ettrrs of Credit and Acceptances_ _________ _
Profit and Loss ___________________ _

X one
Xonr X one

Other

Resources

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

-

-

100.00
--

Total ------------------ ----------$ 233,992.60

LIABILITIES :

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

Capital Nott's ---------------------

~urplus Fund ---------------------

l'ndi\'ided Profits -----------------

Re~erve
Due to

BFaunnkdss_ _ _- _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_- -_

Dividends rnpaid ----------------Cashier's Checks ------------------Certified Checks _________________ _

Dt>mand Deposits -----------------Time Certificates of Deposits ______ _

Savings Depo.-dts -----------------Letters of Credit and .Acccpt.ances
executed for Customers __________ _

Bills PayalJle --------------------~otes and Bills Hediscountrd ______ _

Other Liabilitirs --------------------

40,000.00 X one
10,000.00 198.66 1\one
25,424.78 495.00 406.50
~one
95,314.20 62,15:3.46
~Tone
~one
None None ::\one

Total

------$ 233,992.60

STATEMENT Showing condition at the close of Business Dc<emher 30. 1939, 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

RESOIIRCES: Loans and Discounts _______________ $
State of Georgia and :.Iuniclpal Bonds owned -------------------
U. S. Government Securities O\vned __ Other Swcks and Bonds owned_____ _ Banking House and Lot_ ___________ Furniture and FL'rtures____________ _ 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-
modltles ------------------------Customers' Liabillty on Letters of
Credit and Acceptances __________ _ Profit and Loss ____________________
Other Resources ------------------
Total -----------------------------$

169,203.52
10,999.75 None None
1,630.25 1,815.82 4,198.47
32,884.39
118.82 None
170.91
None
None None None
221,021.93

LL\.BILITH;S : Capital Stock ----------------------$ Cavital Notes --------------------Surplus Fund --------------------l'ndiV'icled Profits ---------------Reserve }'unds -------------------Due to BankR---------------------Dlvidends l'npaid ----------------Cashier's Ohecks ----------------Certified Checks -----------------Demand Deposits -----------------Time Certificates of Deposits_______
Savings Deposits ----------------Letters of Credit and Acceptances
executed for Customers__________ _
Rills Payable --------------------Xotes and Bills Hecliscounted _______
Other Liabilities ------------------

25,000.00 None
7,000.00 1,607.51 1,225.00
None 100.00 426.00 134.19 101,143.58 10,000.00 73,726.71
None None None 658.94

Total -----------------------------$ 221,021.93

88

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, of the

CRAWFORD COUNTY BANK Roberta, Ga.

As called for by the Superintendent of Banks.

C. R. AVERA,
President. Date of Charter: 1-7-1901

F. E, BENTLEy Cashier. '
Began Business: 1-8-1901

RESOl'RCES: I~oans and Discounts _______________ ~
State of (;eorgia and ::uunidpal Bonds mnwd _____ --------------
U. S. Govprnment Securities owned __ Other Stocks and Bonds owned_____ _ Banking House and LoL __________ _ Furniture and Fixtures ____________ _ Otlwr Real Estate owned ___________ _ nash in Yault and ~\mount due from
avproved ResLrve Agent~-------- Clleeks for ('}(aring- and chiP from
othet Ranks -------------------OC avsehr d rIatfetms::;_ _ -_ _- _- _- _- _- _- _-_-_-_-_-_-_-_-_-_-_-_-_-_-_- -_
Advance on Cotton and otlwr Commodities -------------------------
Custonwrs' I~iability on I~ettcrs of Credit and Aceeptances __________ _
Profit and Loss ___________________ _
Other Re~ource::; --------------------
Total ------ ---------- _____________$

41.5fl'j .21
1,000.00 8,718.06
Xmw 1,100.00
800.00 7 .O~lO.OO
16,0~1.3.J
X one X one .)9.92
).;OJll'
X one
~one
136,692.G7

LIABILITIES :
Capital Stock ---------------------$ Capital Xott:>s --------------------Snrplus Fund -------------------rndivided Profits ---------------DHueseervtoe RJ<:l'.unnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
l)jyidencls rn]laid ----------------Cashi{'r's Checks -----------------Certifitd. Checks -----------------Demand DPposits --------------- _ Time CLrtlficates of Depo8it.., ______ _
Sa dngs l)pposits -----------------l.ot:.'itt>rs of Credit and Arcept.aneps
exerut l'd fnr Cnstomers ----------Hills l'aya\Jl(' ___ -----------------:\'ntes .tnd Rills Rediseounted ______ _ Otlwr Lia hilitie:-. _______________ _

l-3-,-0-0-0-.-o-o
'> ~~one -.ooo.oo
48.01 Xone Xone Xone 377.20
~one
84,478.49 34.288.87
X one
X one X one X one X one

$ Total ------------ _________________ l:l6,S9~.57

STATEMENT Showing condition at the close of Business December 30, 1939, of

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

RESOI;HCES : Loans and Discounts _______________ $

State of Georgia and Municipal

r

.

Bonds owned -----------S. Government Securities

-------owned __

Other Stocks and Bonds owned______

Banking House and LoL __________ _

Furniture and Fixtures ____________ _

Other Stocks and Bonds owned_____ _

Cash in Vault and Amount due from approved Reserve Agents_________

Cheeks for Cl0aring and duP from

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

Cash Items ----------------------Overd!'a fts ___ ----------------------
Advance on Cotton and other Com-

modities ------------------------fustomers' Liability on Letters of
Credit anti ~\cceptances __________ _

Profit and I~oss -----------------Other Resources -------------------

Total -----------------------------$

19D,8i3.23
C>,930.00 16i ,235.00
5,000.00 8,250.00 3,500.00
None
212,323.10
!\one
~one
74.06
X one
~one
None None
603,185.39

LIABILITIES : Capital Stork _____________________ $
f'apit al Xotes --------------------Surplus Fund --------------------rndivided Profits ----------------HDcuseervtoc BFaunnkdss___-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__-_--_
Dividends Unpaid -----------------Cashier's Checks -----------------Certified Checks -----------------Ikmand Deposits -----------------Time Certificates of Deposits ______ _
Havings Deposits ----------------Letters of Credit and Acceptances
executed for Customers___________
Bills Payable --------------------Xotes and Hills Rediscounted______ _ Other I~iabilities ------------------

36,000.00 None
7,500.00 10,230.87
None None 2,880.00 538.48 None 322,808.60
~one
223,227.44
None :Sone None
~one

Tot-al -----------------------------$ 603,185.39

TWENTIETH ANNUAL REPORT

89

STATEMENT Showing condition at the close of Busines~ D.,cembe1 30. 1939, of the
ROSWELL BANK Roswell, Ga.
As called for by the Supcrinh'ndent of Hank~.

J. H. FOSTER,
President.
Date of Charter: :J-11-1901

C. G. WEBB, Cashier.
Began Business: 3-1901

HESOrHCE~:

Loan~ and HL-wo_mtts_ ~-

$.

~tate of (;tnrgia and )Juukipal

r. Rond:-; O\\'llr<l -S. (;orefllllH-'llt :-:_p('lll'itiL:-; 0\\Jl(d Other Stock~ and RoJJd~ O\\llt>tL nanking Hou~P ;~n<l l.nt__

Furniture' and Ftxiuns

OtlH'I' HPal F.stat(' owlli.'d __ j'a:-;h ill Yault nnd .\mount dliP from

apJlrored Ht'st'l'YL' .\:!t'llts __

l'lw<'k'l for Clt.aring <tlld dtJt trom

otht'l' Banks

rash ltl'm'-'

Onrdrafts - ---- .\draiH't' nn ('otton ;tnd lillHr f'nm-

motlitles --- - ('u-;tonwrs' Liability on Ldtn" flf

Crl'dit and .\rctptailf'Ps_

Profit and Loss

Otlu.r Hesourrts

Total

- -- $

1;,(100.00 ~ 1.000.00
l.fHiO.OO
~Ollt'
1.1 ~~. 10 X on~.
lti.i.7~10.:!7
1.7-Hi.12
:nH.7o
~:!:U7
.\"nne X one
Xone

LL\BILITIEI'l:

Capital ~tock

--------.---------- _!f

(\tpital :Xotes ---------------------

:-;urplus }'und --------------------l'ndirided Profits ______________ _

Ht'serrP Fund"' ___________ ------ _ One to Banks ______ _

Hiride!Hh l~npaid

Cash~er's Chetl;:s Cntifit>d ('lwcl\s _

llt'mand neposits -- ------------. Ti!lw C't'rtificates nt' PtIJOsits ______ _

~ariugs Deposits ---------------

Lttter.., of Credit aJJd .\cctptawts ('\:l't'lltl'd for Custonwrs ________ _

Bill"' Payable _____ _

"\'(Itt"' and Hills H(db(nuutttL __

OtlH'l' Liahililirs __ _

4fi.1,0!>7.89

Tott~l

--------

~c..ooo.oo
:XOlH'
~:i,OOO.OO
](),607.00
~one ~one
X one I H1.0:~ X one
:!~.i.Ro:un
Ill ,.llio.O:l
?\Oil('
~Ollt'
X one X nne Xonf'

STATEMENT Showing condition at the close of Business Dember 30. 1939. of the
BANK OF RUTLEDGE Rutl.,dge, Ga.
As called for by the Superintendent of Bank,.

R. W. WALLACE, President.
Date of Charter: 9-24-1898

RERO!.RCF:S:

J.,oans and Discounts_

-----~

Rtate of (~eorgia and ::\Iunit'ipal

Bonds 0\Yned __
r. S. (;oytrnment SeC\II'itil'S owned ..

Otlwr Sto(ks and Ronds n\\'tll'<L ____ _

Rankillg House and Lot

Furniturp a.nd Fi'.:turr"'

Other HPal EstatP owJHd r-ash ill Yault and .\JTI()IIJlt dlll' from

approved HPRl"f\'t' .\gtnt~

('hecks for C'ltaring anti due from

othrr Hanks __

_ _____ ---

Cash ltt>ms __

Overdrafts -- __

ArlntnrP on C'otton :1nd otlHr t'ommoditie~ ___ -------
Customers' J,inllilitr oil Lllttr:-i of

f'redit and AcCt>J;tatH'('"-Profit and Loss _____ _

Othpr Rt>sources

Total

- - --~

IV. T. ROBERTS, Cashier.
Began Business: 10-1-189R

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

LL\RILITIER:

C'apitnl ~tock

_$ 2:i,ll00.00

Capital Xntef'. ----------- ___ ---

fi,OOO.OO

7.110.81 Xonr
~.HOO.OO

~urnlus Fund

-- __ ------

rndiridtd Prnfit~ _________________ _

Htstrn' Fuwls ________________ _

7,:>00_00 I,RRR.O:l
665.00

~7!l.HG

Tint> to Bnn!;;s_

_ _________ _

~one

:!21>.00 .-. of.12.:1n

Diridt'nd..; rnpaid C'a:-ihier'..; C'hecks

_____________ __

Xonr
~.IH:l.Ofl

t'ertifiC"d ChN'k:-i _________ _

XonP

:W.ii70.29

Df'maud J)p.posi1s __ Tinw ('t>rtifiratls of Dtposits _____ _

s:L 147.!'-it; 28,1Rt>. 78

Xmw

~a \'in,!.!'s Dtposits

_________ _

2l,olll.R2

ti:L 1i

LvttC"rs of f'rt>dit and .\CCPJltan<'t>R

X one

e-x:ecuted foT' Customrrs_ ---- ------Hills Payable ___________________ _

~one
X one

:Xotts and Hills Rfdisl'<JUlltl(L ______ _

Xonf'

Otlwr lJabilitit>s _____ .

X one

;\one

:Xolle

X one

171.07-1.29

Total

--- _______$ 171,074.29

uo

DEPARTMENT OF BANKIKG

STATEMENT

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

Showing condition at the close of Business December 30, 1939, of the

BANK OF SASSER Sasser, Ga.

As called for by the Superintendent of Banks.

T. E. MILLER, President.

B. H. HILL Cashier. '

Date of Charter: 1-15-1905

Began Business: 3-1905

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

RE'lOl"HCER:

LL\BILITIES:

Loans and Discouuts _______________ $ 12:),:)1.).:11

(\qJital Stock

.. ~

~tatt of (~eorgia and :\Iunicipal

C;1pital Xott>s

Bonds owned ------------------". H. Government Securities own eeL_

Xollt' ~1.~00.00

~urplus Fund rn<liYi(kd Prufih

Otlwr Htock<.; and Routls ownvci_ ____ _

11.000.00

Hesern Funds __

Banldng House and Lot_ __________ _ Furniture and Fixtttres ____________ _

1,(;00.00
1.t:oo.oo

lllll' to Banks ___ _ UiYidl'nd:-. [ npaid

Othlr H('al E~tatt> OWIH'(l_ _________.

Xmw

t'ashh'l''s ('lH'('k:-

(',a:--h in Yault and .\mount (hti' from

('l'J'tifild ('ltt>i'k:--

a PIH'nred Rl'St'n P .Apnts_ --------

:..!t;,1 !1:..! ..1 1

nemaud Hepo:-,its __

('ht'l'ks for f'lt>aring- ancl dut: from

Tinw (\rtit'i('atc: nf IIL'posits ___ _

othn Banks --------------------

-:\OIW

SaYing::-; Dl'posits

OCavsehrdraItfetms s___--_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-__-_-_-_-_--_

":\Oill'
1.1>1

Ll'tters of C'ndit and .\I'CtptatH'\'' t'.\l'l'l!tcd for ('u..;tonwr ...; ______ _

.\dratH'r on Cotton and otill'l' Com-

Bills PayalJll'

modities _______ -------------------

~Ill\('

:\ott':-; and Hilh l{ldi--.l'ol!lllvd

('w~tonwrs' Liability on Lettt:.'rs of Cndit and Arccptanees __________ _
Profit and Loss _________________ _ 01hl'l' Resourres __________________ _

"XO!ll'
X nne X one

Ollltr Liahilitil'"

~:;.ooo.oo
.".l.._.Xooo.onoe
:: ..;:;4.31 Xon0
X one
111.00 X one Xone '<l.l:;R.3R
-'.I.;o.oo
X one
X one :1.1.000.00
X one
noo.oo

Total

1S.i,109.G~l

Total

1S.).l0~.69

STATEMENT Showing condition at the close of Busine'' DPeember 30. 19:~9. of tht

ATLANTIC SAVINGS & TRUST CO. Savannah, Ga.
As called for by the Superintendent of Bank,.

JAMES M. ROGERS,
President. Date of Charter: 11-6-1933

WM. H. WHITEHEAD, Cashier.
Began Business: 11-6-1933

HESOrRC:Eil: Loans and Distotmts _______________ $
Stah of CPorgia and .:\lunicipal
Bonds owned ------------------1~. ~. GovcrnmPnt .Seruritit>s owned__ Otlwr ~torJ.i:s and Bonds o\\ned _____ _ Ranking House and LoL __________ _
Furnitnre and Fixtures ________ ----Other Real Estate owned ____ -------(',ash in Vault and Amottnt due from
approved Reserve Ag-ents _________ _
Chcl'ks for Clearing and due from other Hanks --------------------
Cash Items ----------------------Onrdrafts ---------------------- __ _ .:\<lvaiH'e on Cotton and otller Com-
modities ________________________ _
Customers' J.iabilit: on Letters of l're<lit and A<"ccptanrt>s __________ _
Profit and I~oss -----------------Other ncsources -------------------

996,079.1l;
~011('
5,:100.00 X one
37,900.110 6,R26.:l0
22,97;).80
27:1,87.91
~one
i\'"oue X one
);one
X one
XOll{'
4.7:>

Total ------------- ________________ $ 1,342.%0.9;)

Capital ~tol'l..;:

LL\HILITIES: _____ $

(\tpital :\ott>:-- __________ _

Surplus Fund

_________ _

l~ndivickd Profit: ----- ----Resl'rYe Fund"l __ _ Jl!IP to Banks ___ _

J)ividt'lllls rnpaid

('ashiPr's f'he(l.;s Ctrtified Checks -~~~~~~~~~~~~~~~~-~--

llPmand J)pposits _______________ _

Time CPrtifiratcs 11f Deposits ______ _

Savings Deposits ~---------------- I~LttLr:"i of Credit and A\<'t'eptant't'"'
('Xt'('Utld for CustOllll'l'S.__________ _

~:;i~s 1~/!;';~lh{~'ill; -l{t:~ji~~~~-~~1t~J======~

OthPL' l.ialJilitiPs _________________ _

,;(),000.00 X one
I 00,000.00 78.047.56 X one X one X one
~one
7:>2.11 X one 4R1,11:1.92 tl:lO ,2S0.99
X one X one X one 7.718.31

Total

-------------$ l,:J.I2,!Hl0.95

TIVENTIETH ANNUAL REPORT

91

STATEMENT Showing condition at the close of Busine" Deeemlwr ~0. 19~9. of the
CITIZENS BANK & TRUST COlVIPAI\Y Savannah, Ga.
As callPd for by the Superintendent of Bank,,

GEO. H. SMITH, President.
Date of Charter: 5-22-1906

PAUL T. JONES,
Cashier. Beg-an Business: 6-1-1906

--~----~U~Ol H~~;-:-------- ------------~~i.\BILITIEo-;:

> ' ;t\1(1 UisCOllllt:" ____________ -
~:~\~.:-; of (;lorgia and .\ltllli('ipal

'nond~ nwnNl - ;------:-.-------

..... (;onrllilH'llt ~L'('lll"lTH'~ 0\Y!H(l__
~lfh~~ ~tol'l;:s and Bnndc.; tJ\\ IJ\(L

uanking Hou:-;L ~:nd l,ot_ ____ _

r rniture a11<l lolxtu:cs ________ _

!,)~1ht'r :-;h

Heal Est:lte in Yault :wd

O~\H\mHodunt

dut'

from

1appn 1nd B.l'scr:L' .\g(Hts __ _

fhtcks for ( karmg and due from

other Halll\S ------

rash Items - ---

onrclrafts -----\!lntJH'l' on Cotton aud nllHr Com-

. moditil's -- ----------

rustorutrs' Liability on Lclttr-.; ()f

rrrdit and .\(Tt>)ltalH't'"-- ________ _

profit and Loss

_________ _

-l\l,.):--;!1 ..)7 1 ~~~ .ti.lO.OO
21,S71.00 J.lx ..iiiiUIII
7,0111UIO 1 ~.), 107 .71i
i 1 .1 n-L ~l :~ Xnllt'
~:L):-\
:\(Ill('
X one .:\one

Ca]Jital ~totk _____________________ $
Capital Xulls ________ _ ~tll']dus Fund ____________ _
l'ndividtd l'rofits Ht.-;tnt Fuutls __ _ lllll' to Hank-; __________________
lliridends lTupaid ('a-;llit>r's CIH:tks ______________ _
Cntifitd Clll'('ks ]lvmatHl lk)Jo:dts Tim~ Cl'rtifil'ates of l ll'pn:-;it:-;_ ~;1\illgS ])t']HJSits ____________ _
Ll'tt.rs of Credit and .\('('t']lta!H't':--1 txtttll (d for ( 'lJ:--~tonHrs
Hills Pa,rahh ___________ .
:\(lh''-> and Hills Htdi-..:.countvtL_ Otlllr Liahilitils ___ _

Other Rr~ollr<'L'~ ---------

ti.2D8.~12

- - - - Total -------- ------

Total

~110 .000.00
l~ti.OOO.OO -~.000.00
~] ,.100.00 I~.:l7:l.O I
IO~.xJ:U7
- 7~ ..10
4.S~2.~:i
2,1.12.1 :i S2.l,X.Il.fi0
:\one H:!:L 122.7-
:\O!h'
:\Olll'
::\<lllP
-l.~::d.:l:i

STATEMENT Showing tondition at the elose of Business Del'emher 30, 1939, of

THE GEORGIA STATE SAVINGS ASSOCIATION OF SAVANNAH Savannah, Ga.

As called for by the Superintendent of Banks.

J. P. HOULIHAN, President.
Date of Charter: 7-29-1909

S. B. LaF ARR, Sec. & T1eas.
Began Business: 8-4-1909

J..oans and J)isr<,unt~------------- .._$ :i.:!H!-1.:177.7.1 ~tate fJf (;f'orgia and .Jlunidpal

Bonct~ ownetl -------------------
r. S. Covermnent ~f'Cllritic:-; OWilf'(L_

X one 2112,130.00

Other Rtocks and Bonds OWIH'd _______ Banking House ;11Hl LoL __________ _

408.l61J.:JH
O~,H~.i.OO

Furniture and Fixtures ________ _ Other Rt':ll Estate owtwtL __________ _

1.00 !lBii.IH2.n2

C.ash in Yault and .Amount dw from

a]lprund He:wnt> ~\l!t'nts ________ _

~7~.22.i.:W

fheC'ks for Clcaring and chH from other Ranks ____________________ _
Cash Item:-; ________________________ _
0\erdrafts _________________________ _

!.Sill. Oil Xn11e X one

Ad\'all('e on Cotton and other Commodities ________________________ _
Customers' LiabilitY on Lctil'r:--~ of f'redit and A<'('l'l;tan{'t':--~ ____ _
Profit and Loss ___________ _ Other lh:sourcPs ________ _

.:\one
X one X one
~.:l:i3.41

Total ------------ _________________ s :J.24:i.(iOI.6H

LJ.\BJLITIES: Capital ~tock ---------------------$ Capital Xotes ----------------------Surplu:-; Fund ____________________ _
l '11diddt>d Profits ----------------Ht'Sf't'H' Funds ----------------~--Hut to Banks _______ --------------Hiddentls l~npaid _______ _ ('ashier's Checks _, ________________ _ CC'flifit>d Checks __________ _
Ih'mand Ihposits -------------------Time t'prtifkatts of l)t'Ilosi1s ______ _ ~aYing-:; DPposits _________________ _
Letter~ of C'ndit and ~-\.ceentanees txecnt('{l for Custonwrs __________ _
Rills Payable ____________________ _
:Xotes and Rills HLdist'OlllltP(L _____ _ Other I~iahiliti('s _ ~-- --------

32:1,000.00 X one
2.10.000.00 ll2.609.R'i
120,000.00 X one
~one ~one
lOYH.:l:l XonP
l,fi20,27;1.7:-l
2.X2.l..12t.s:~
Xunt Xmw So!H'
~0.~1\1.90

Total ________________________ .----$ ;;,zt:u;ou;n

92

DEPARTMENT OF BANKING

------

STATEMENT

Showing condition at the close of Busine~s Dtecmber :30. 1939, of tlw

SAVANNAH BANK & TRUST COMPANY OF SAVANNAH SaYannah, Ga.

As called for by the Superint.,nd.. nt uf Hank,..

JOHN J. CORNELL, President.
Date of Charter: 3-4-1869

.J. F. HE~NEMIER Cashie1 '
BPgan Businpss: 7-1~1869

HE,.OI'R!'E": lh<Ul:-1 and Disrount:-; _______________ ~

State of Georgia and ~Itmiripal

Bonds 0\Vnt>d -----------------------l. ~- Gon'nmwnt Securitit.'" ow1wtl _ Other Stock~ and Bouds n\' llt.tL Banking House and l..ot

l>:lli.OO
l~:J.:ll2.ol
::!t;,H9:).27
!J:l2.000.00

Furnitur(' and Fixture~--Other Heal E~tate owned ____________ _

2:1,000.00 1!1.000.01\

Ca:-~h in Vault and . :\mount tlue from

a pprovetl Hrserve ~\genb.

1 .fi!l4.07H.ti:;

Cht.rks for ('l(aring and dt~e from otlwr Banks _________________
Ca::'h Ittms __________ _ Overdrafts _________ _

117 ,1fJl.07
:uo t.:i:l
1 H.\1;7 .~1

Arlvatwe on Cotton and otht>r ('ommnditles _________________________ _

::\one

Custunwrs' Liabilit~ (Ill L(:tters of

CrPdit and ~\ceeptall('P:-. Profit and l . oss __ _
Otlwr R{~ourre.'-1 ___ _

9,633.02 X one
2::ifi.07

Total

__ .----$ ;-;,fl.i9.7::!o.:n

Capital ~hH'k t'a pi tal :\ntt:-.

LL\ HI LITlE,_: -- --- _$

:,..;urpln:-: Fund

l'lldiridtd Profit-..

Hl'St'l'\'t' Fllnds

DIH' to Ban\\s_

DiYidt'lllh l'll!JH id

( 'a:-;llier'.-, ( 'lwl'k:--

Cl'rtifitd ('ht'd.;s

J)('lllillld Dt'JIOSit ....

Tinw ('t>rtit'it'alt:-- ()f Jlt'p()sits ______ _

:,..;a rin~:-; Dt>pn:-.its

Llttvr.-, of ('redit and .\i'l'l'Ptances

i'XP('\Iltd t\11' ( 'qst()lllt'i""

Bilb PaY<ihk ~ott's aud Bill-.. Htdi-,t'll\lllkd ___ _

OtlH'!' Liahilitit'"

H,f;:ti.:i2
~one
X one :\,900.00

Total

$ 5,939,720~

STATEMENT Showing eondition at the close of Busines~ Dt"<'emlwr 30. I 9:{9. of the

FARMERS & MERCHANTS ll\"'K

Senoia, Ga.

A~ called for by the Suptrinttndent of Hank.

R. L. HARDY, President.
Date of Charter: 3-2-1874

!L \\'. FREEV!AN, Cashier.
Began Business: 1889

REKOl'HCES: Loans and Discounts ___ ~ ____________ $
Statl' of (;coorgia nnd :\Iunicipal Bond"' ownpd ___________ _
1. S. Covt>rnment ~eruritiPs o\\Hed ___ OthN Sto<'k,.: and Bond:-. owll~'(L ____ _
Ranking llou:w antl LoL __ -------"Furniturl:' and Fixtul'L'S _____________ _ Other Rtal Estate mnud __________ _
('ash in Yault and Amount due from <lPlll'OYl'd ltPSL'f\'f' .\gtJlh_
Che<'ks for Cltaring ;-mel <lttl' from o'lwr Banl\S
('a...:.h Items ------- _ Overdraft~ _________________ _
.\(1\':tnl'l' on t'otton all(( other Commoditit'.~ _______ _
('q ...tnmers' l . iahilitv on Lt::tttrs of ('I'C'dit and At't'L'J;tantt~s __
Prflfit and Loss Other H<'sount,., __

Total

_______ $

~ .914.84
~O-Il('
xoo.oo
X one 1,400.00
:JX:J.OO 10,:100.00
77 ,8!10.1!1
::\OlH' 11;~.27
.!;.-~
::\Olll'
);one
Xmw
1n,;,1s2.li!i

LL\BIUTIE~:
t'apitttl ~to!'k
Ca pital .:'\ctL'" ~urplu:-; Fund rtulivilh.. d Prut'it:-Ht>strn Ftmil:-. lhtL' to Bank;_ Di\ idPtHl:-> l"npaid Cashicr~ Chtt'k" f'Lrtified ChLck:-J)t>mattd Drposib Tinw Ctrtificatt.:-, nf ~aviugs Ht>po;-;it:-; LettPrs of ('11-'dit and .\<'t'l'PLtlH'~s
t"Xl'('l!tl'd tor ( '1t~lO!t\t'l'S __ Bill:-. l'a\';thll' Xotcs ai1d Bill..; Htdbl'lll!!lll'd __
Othtt Lialdlit it'"

~.i,OOO.OO ~one
7.000.00
~70.02
X one X one 2.00 S7.03 X one 1o:l. 76R.46 :lS.-l5:i.l5 X one
;\one ;\one X one
:\nne

Total

.$ 1!>'i,1S2.66

TWENTIETH ANNUAL REPORT

9:-]

STATEMENT Showing condition at the close of Busine" Dttnn het 30. 1939, of the
CITIZENS BANK Shady Dale, Ga. As called for by the Superintemlent of Hank,.

J. H. YOUNG, President.
Date of Charter: 2-6-1920

0. H. BANKS, Cashier.
Began Bu~ine~s: 4-12-Hl20

RE:o;Ol'RCES: T.n-<lll~ and Discounts __________ :--:---*

~tatl nf c;eorgia and :\Iuntrtpal

r

.

Bso.ndrs.oroewrnnrendent--S-f-'(-'U-l-'i-t-ie-s-

-------owned __

Other ~torks and Bonds owiH"(L ____ _

Bnnkinl! House ,~nd LoL __________ _

Furniture and Fixtures ________ _

Other Real Estate ownf'd ___________ _

r-ash in Yault and Amount due from ;q)J)rnred Reserve Agents ________ _

Cherks for Clearing and clue from other Hank~ ----------------------
('ash Itt->ms ---------- .. ------------

Overdrafts ------------------------.\dratH't-> nn Cotton and other Com-

moditil's -----------------------('ustornrrs' Li<! bility on Lettt'rs ot"
CrC'dit and Arreptance~-- _______ _

Profit and I. oss Otlwr Ucsoun'ts ---------

Tot-al

_________ $

2.!,073.~7
Xone
::s-onf'
1~5.00 ~one
7.)0.00
1.127 .on
:l:l.:i:J4.82
720.82 Xonr X one
::\Oill'
:X o n e
Xmw X one
60,720.9!

-* LIA BILITJE,; :
Capital o;t<wl< __________________ .
C,apital Xohs -----------------~urplus Fund ___________________ _ l~ndirided Profits - Resern Funds ___ _ Due tn Bank.-; ___ _ THvidencls rnpaid __ _ Ca:-;hier's ChPCks ________ _ Certified Cherks Demand Deposit::-; ________________ .
Timr CLrtifkates ot' Deposit.-; ____ . S,avings Deposits ----------- _____ _ Letters of f'redit and Ac(rp1.aJH'l'..,
PXP('lltl'd for f"nstomers _________ _
Bill:-; l'a,\alih -------------------- _ Xot(s and Rilb lhdbeotmtt(l. ___ _ OthLr LiahiliTks

~0.000.00
Xont> 1.0110.00 1,27R.2fi
Xonp X one
~00.00
6L!:l X one
~H.031.H
R..i:lO.:J!l XotH'
Xonf' X one
:\'Olli:'
X nne

To!;tl

H0.720.!ll

STATEMENT
Showing condition at the close of Buine" n ..,.,.mh :10, 1939, of the

BANK OF SHARON

Sharon, Ga.

As called for by the Superintendent of Bank.

W. F. DOZIER,
President. Date of Charter: 9-29-1904

B. R. DARDE~, Cashier.
Began Business: 9-1904

ltESOl'RCES: l..~oans and Discounts ------- _____ $
State of Georgia and :\fnnidpal Bonds owned ___________ .

U. 8. Government Seeuritit>~ owned_ Other Storks and Bonds ownt>(L ____ _
Banking House ~and I~ot __
Furniture and F1xtures. ----------Other Ileal Estate owne<l f'ash in Yault and Amount due from
apvrovtd Reserve A~ent~-------- f'he<'ks for Clearing- and dth! from
other Banks ________ _

rash Items -----------

-----

Orerdrafts --------------------------

Advance on Cotton anct other Commodit ips ________________________ _

('ustnmers' Liability on Letters of Crfclit and Arceptanct'~--- _______ _
Profit and Loss ______ _ Other Rpsources _______ _
* Total _____________________________

:Xonl' Hl,:-Hifi.71
X one
XOlH'
'>00.00
l.~oo.oo
:w.i:;:us
~.J4H.S~ 'X01ll'
17J.G:1
.:\OJIL'
XOIH' UH7.~0
X Oil('
i~.HL10

Ll.\ BILITIE,;: Capital ~tol'J.;, ______________________ $ Capit a l Xot<':-i __________________ _
~urplus Fund ________ _
l-ndivided Profits __ Heserve :r~unds __ _ Due to Banks ______
nivith~n(ls enpaid Cashif'r's Cheeks f'f'rtifircl Cherl\:s ______________ _
llf'mand ])pposits ___________ ------Time ('prtifirates of Deposits _______ _ Raving-~ Dl'posits _________________ _
T..~etters of Credit alld .\t<eptantps eXt'Cnted for Custonwrs _____ _
Rills Pa:rable -----------------Xote~ and Bills H(di~lnuntt->d __ Othtr Liahilitil's __

l.i,fiOO.OO
~Olli:'
6,000.00 Xmw XonP
~Ollf'
X one
Xone
~OllP ~:USLOl
S.Hfi3.~!J
X one
X one X one Xonp X one

Total

7::.444.40

94

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Busintss Decembtr 30, 1939, of the

BANK OF SILOAM Siloam, Ga.

As called for by the Superintendent of Banks.

J. H. DOLVIN, President.
Date of Charter: 10-18-1904

E. A. THOMPSON Cashier. '
Began Business: 10-1904

HEf;Ol"HCF.S:

Loans and ]liscounts__________

:;;

State of (;porg;ia a11d ::\lunitipal

r

.

Bonds f-1. (;

o\\rwd oYernmc

nt

----------
~et'lll'ities

------0\Y!lC'(L_

Othu Stnl'ks and Roncls nwlll'tL ____ _ Ranking House and LoL __________ _

:Furniture :liHl Fixtures _______ _ OtlH"r Real Estatp ownecL _____ _

(\tsh in Yanlt an(l _\mount dttt' from

avpruYtd Itrslrn .\glnt-; __ _

Cht-cks for Clearing :111d dut from other Hanks __________________ _

Ca:-;h Items _____________________ _

()yerdrafts _________________________ _

.\d\anre on Cotton and othcr (\lm-

modit ics ----------------- ________ _

Customers' Liallilit~ on l,rtHr~ nf

CrE'clit and ..\crrptaJH'l':-;".

Profit ctnd Loss

Other He:-;mlrces

Total

t:;. ~l ;;~. fll
:\ti!H-'
"Xoll( :\ntw
~.:nn.oo 1.~~0.1111
,-f,l :l7 .:!:l
:::!.O:!.l.2:i
X till('
:\ont
:\()lll'
XonP "Xo11e Xo11c
~li,i21.:)\l

~~~~-~~~~-~---~-------------....

Ll.\ HI LIT IE~:

t'i1pital ~to<"k

-~-$

<'<lJiital "Xotl's __ _

:--:urplu:-; Fund ___

__________ _

l~udiYidt>d Prnfib ________________ _

Ih~s(_rn Fnnds __ _____ -----------

ll\l(' to Hank:-;____

---- ____ _

HivirhtHls Cnpaid __

_________ _

(\tshilr':-; Clwck:; ____________________ _

Certifi(ll <'lH'('l\S ____ ---------------1lnnand DtJHHdts __ _ Tinw CL'rtifil'atts of lll'Po;-;its.______ _ ~;tYings lll'\llhib; _________________ _

Lt>ttcr~ of Crl'(lit :tnd .\('t'l'P1allcc-;

I\ooo.oo
1o.ooNoo.onlo
U9H5
X one X one
47.80 loUR X on!:' 37.240.05
~.78.1.71
X on!:'

l'XP<'Ulld for Cn~toml'rs __________ _ Hills PaYable ____ _ ______________ _
"Xotl'S at;d Bills Hvdisl't\llllt{'(l, Oth(r LiabilltiPs

X one Xont> Xmw
X111W

'f11tal

_______ $

STATEMENT Showing condition at the close of Business Deccmbtr 30, 1939, 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

u~;:,.;orRt"E:-;:
Loans and Hiseount~------------- ---~ State of Gt>orgia and ~runi<"ipal
Bonds owned __________________ _
r. S. (~overnmcnt Relurities ownetL_
Otlwr Htoeks and Bonds mvned_____ _ Banking House and I~oL __________ _ }"urniture and Fixtures_____________ _ Other Rlal Estate ownPlL _________ _ Cash in Vault and .Amount Une from
approved Reserve Agents________ _ ('heel\:s for Clearing and due t'rom
otlwr Hanl\:s -------------------Cash Itt.ms ----------------------Overdrafts ------------------------Advanct on Cotton and other Com-
rnOflitie:-. ________________________ _
Customers' Liahilit~ on J,ettrrs of Credit and Are(_ptanees__________ _
Profit and Loss -----------------Other Hrsourel~s ___________________ _
Tot-al ------------------------------~

!t{;,.iO-t::;I
;;.ooo.oo
X one X one
~.Roo.on
1.noo.oo
.:'\onr
titi,:G-l.S7
~~onr
Sone
~}. :~.)
Xunc :'\one
~Oilt.'
:!0 l.1:i~.71

LL\BILITIE~:

C:tpittll Stol'k ___ ----------------- __ $

('-apital Xote:-;

. ___________ _

~nrplus Fnnd ---------------------
rnclivided Profih ----------------Hesern' li'mHls __ _______________ _ Bur to Ranks __________ . __________ _

])ividend~:> Lnpaid _ ---------------

Cashier's Checks -------------------Certified ('heel\::". ---------- ________ _

lkmand J)pposit:-; ------------------'l'inw Certificatp:-; of f)('\Hlsit~------

i'-1avings ])eposits -------------------
1,l'ttf'rs of Credit and ..:\('<'t'}ltanrcs l'Xl'Cutcd for f'ustonwr~ __________ _

Bills Payable --------------------Xotcs and Bills R('(list'fllllltt:><L _____ _ Otlwr Liahilitif's _________________ _

z:;.ooo.oo
X one 9,000.00
4-1.45 Xont> X one
~,:;oo.oo 6~.0R
7.25 J:l-1.8S!.31
X one 29.146.28
Xonr
~one
X one
216.31

Total

_______ $ ~01.l:iS.71

TWENTIETH ANNUAL REPORT

95

STATEMENT Showing condition at the close of Business December 30, 1939, of

THE BANK OF SOPERTON Soperton, Ga.

As called for by the Superintendent of Banks.

J. B. O'CONNER, President.
Date of Chartec 6-16-1906

I. H. HALL, .TR., Cashier.
Began Business: 6-1903

ItESOrRCES:

J,oans and !lisro.unts----------:---;---$ ~tate of (Teorg-Ia u.nd ::\IuniClJ)al

r.

Bosn. clc:'i;oovwernnemden-t--S-e-

---:-.-cuntles

--------owned __

OthN Storks and Bond~ owned _____ _

Banking House a_nd !.Jot_ __________ _

Furniture and Frx:turcs____________ _

Otht>r Heal Estate owned ___________ _

rash in Yault and Amount due from approrPd Heserve ~\gt'nts _________ _

Checks for Clearing aucl due from

other Hanks -------------------Ca~h Items ----------------------Overdrafts --"---------- -- ----------Adranct' on Cotton and other Com-

modities ------------------------Customers' Liability on Letters of
Credit and Acccptancc~----------

rrofit and l . oss -----------------Other Resources ------------------

Total ___________ ------------- _____ $

131,S-15.I(j
1.200.00 14,613.:13
I,800.00 I3.100.110
4.0011.00 20,386.78
I2:J,7 4G.2:J
X one 1.12.:Jo :X one
9:10.47
X one !\one 1,920.68
:n6,914.94

LIABILITIES : Capi(,al Rtoek ---------------------$ S<'aurppitlauls XFoutneds -_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_--..,-__-

rndivided Profits ------------------

lDh:u>esertvoe

Funds -------------------Banks _____________________ _

Hiridends rnpaill ________________ _

('a:-;hicr's Checks -------------------Certified Checks ----------------- _ Demand Deposits -----------------Time Certificates of Deposits ______ _ ~<I Yings Jkposits _________________ _

Lt:>tttrs of Credit and .\C'ceptances CXl'<'Uted fnr Customers __________ _

Rills Pa,ra hle --------------------XotPs and Bills Hcdiscoltnted ______ _

Otlwr Liahilitit>s ------------------

2:1,000.00 2:i,OOO.OO 10,000.00
1,3;)1.;)0 I,582.00
None :X o n e 2:i6.42 );onr 159,RI9.9'i 75,:101.05 IS,371.02
:\'one X one X one
~one

Total -----------------------------$ 316,9H.94

STATEMENT Showing condition at the close of Business December 30, 1939, of

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

UESOI'RCER: Loans and Discounts _______________ $

State of Georgia and .:\Junicipal

r

.

Bonds S. G

owned -overnment

---------Seeurities

--------
0\VllC(_L_

Other Stocks anti Bonds ownccL ____ _

Banking House and I..ot_ __________ _

Furniture and Fixtures______________

Other Real Estate owned_---- ______ _

Cash ill Vault and Amount due from 3Jll1l'oved Reserve Agents ________ _

Checks for Clearing and due from other B1anks ___________________ _

rash Items ----------------------Overdrafts ____________ -----------Advanec on Cotton and other Com-
modities ------------------------Customers' IAability on J.~ettE'rs of
Credit and Acceptances __________ _ Profit and Loss_ ___________________ _ Other Hesources __________________ _

Total _____________________________ $

181,509.27
7.200.00 12,000.00
:X one 2,1110.00 I,OOO.OO
None
69,578.23
None Xone None
X one
~one
Xone
~one
27:l.:J87 .30

LI.\BILITIE,.:: <'apital Stoek _____________________ $ (\qlital ~otes ____________________ _
~nrplus Fu11d ---------------------(~1H1h-ided Profits ________________ _
DReuseerYtoc RFaunnld\ss___-_-__-_-_-__-_-_-__-_-_-__-_-_-_-__-_-_-__--.
Dividends rnJlaid ___________ ------f'ashicr's Checks __________________ _ f'crtifir-d Cheeks _________________ _
Demand Deposits -----------------Time Certificates of Deposits ______ _ ~adngs Deposits _________________ _ Letters of Credit and Aceeptancps
t>xccuted for Customers ____________
Bills l'ayable --------------------Xotes and Bills Rediscounttd ______ _ Other Liabilities -----------------

1'\,000.00
~one
10.000.00 1,500.00
~one ~one
X one 147.9:3 None
I~9.87:J.9fl
I3,400.00 93,465.61
None None
~one
X one

Total .. ----------------------------$ 273.387.:i0

96

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business Dccembt'r 30. 1939, of tlw

BANK OF STAPLETON Stapleton, Ga.

As called for by the Superintendent of Bank-.

J. C. KILGORE, President.
Date of Charter: 9-24-1906

HEROrRCER:
Loam; and Discount:-:; ______________ -~
~tatP of (;eorgia and .:\Inniripal Ronrl~ owned --------------------
1" 8. c;on'rnment Hecuriti('s owned __ Other Rtoeks and Bonds ownt>(L ____ _ Bankiug House awl LoL ____________ _
FurnitHrc and Fixtures Otlwr Hf'al EstatP (1\\'lled ____ ~----- _. ('ash in Vault and Amount dill' from
apprond Heserve Agent:-; ________ _
Chef'ks for Clt>aring- and due from other Ranks _____________ _
('ash Items -----------------------Overdrafts -------------------_\dvance on Cotton and othtr Com-
modities -----------------f'ustonurs' Liabilit:v on T. ttt(rs of
f'rC'dit and Acreptan<es~~--------- Profit and I~oss ---~~~----------- Otlwr Hesourres --------------~-----

X one
~.200.00
"XonP
~.:lOO.OO ~.100.00 :l.ll~~.oo
.-,2,.)JS.21
l:i.OOO.OII II :l.7:l !1:L7:{
X one None
Xone
11 :-UHi:1. 7 J

.J. C. KILGORE Cashier. '

Began Busines~:

LJ.\RILITIES:

('a_pital ~to('k

.---- _____ $

('apital Xote:-;

Surplu:-; Funrl

Cndividf'd Profits ________________ _

Resenc Fun<l~ _____ _

llne to Ranks ________ _

ll[rideuds Vnpaid ('a~hil'l's Che('ks
lcrtifird Clwrks __ I ll'ma 1ul l)pposits
Tinw ('prtifit'atf's of Depo..;its ______ _ ~J.Yings Depmdts ____________ _

Llt t ers of ('rPdit and .\<'<'(pta 11-<'t'-' l'Xl'<'lifl'd for Customlrs ____ _
~:!1~s l;l<~~:lallj~~~~~- HC'diSf'l;;~~1t~ct=-~===-

();}1l'r Liahilitit>s ___________________ _

-1906
I :i.OOO.Oo X one
4.ooo.on
.~16.!7
Xone Xone 4iio.oo fi9.7S X one
i~.;j;)fi.02
l'i,OT!.7J X one
X one X one
~one
X(me

Total

lt:l,96~.i5

STATEMENT Showing condition at the close of Businc~s Dceemlwr 30, 1939, of tht

BUI.LOCH COUNTY BANK Statesboro, Ga.

As called for by the Superintendent of Banks.

R. J. KENNEDY, President.
Date of Charter: 1-19-1934

W. L. de JARNETTE, Cashier.
Began Business: 4-14-1934

HEROURCER:
lAl<lllS and J)isCOUl1tS _______________ _ ~tat(' of Gt>Ol'J.!ia alld -:\Iunkipal
Bonds ownf'd -------------------11. ~- (;ovprnment Sccuritit-s owned __ Othrr StrH'ks and Bouds O\\'ncd _____ __ Hankin)! House anti l.~ot_ __________ _ J'urniture and Fixtures ____________ __ Other H.eal E~tate owned. ____________ _ Cash in Vault and Amount duP from
approvf'd Hcsern .\gents _________ _ Checks for Clearing- and due from
otlwr Banks ------------------ __ Cash Items ----------------------Overdraft" -------------------- _____ _ ~\dratH'C' on Cotton and other Com-
modities ________________________ _
Cnstomers' J.iability on Letters of f'rf'dit and AcrPptnnres ____________
Profit and J,os:-; __ ----------------- .. Other Ht>!-;OUI'Cl'S ______________
Tot.al -------------- - ------------- _$

~On.O:lll.l2
Xonl' 110,500.00
~one
17.000.00 1,000.00 X one
:fj -.1 GS.GG
.).426.6:-:: Ho9.10 Xonp
~one
X one X one
fW7 .2:12.0ti

LL\BILITJE,;:

f':qJital Stork _

-- ________ $

C'apital Xote:;;;

Surplus }~und

ttldividrd Profits

HlscrrP }'unds ____ _ lhtP to Rank-; _____ _

lliridellds rnpaid ---('a:-;hitr's f'llecks ____ _

Certified Cheeks ----~ llemaud Dt'posits _______

_ ___ ~

Time ('Lrtifi('ates of Dl'JlO~its ____ .

~aYings Deposits ----~-- . Lettlrs of Credit and .\('('LptatH'c:-;
txeeuted for Customers __________ _

Hills PaYable -------------------\'"otLs ar;fl Rill-; Ht'dis('Ollllted ______ _

Otlwr Liahilitip:-; ---------~--------

.;() .000.00 X om'
10.000.00
:!1;,~~0.50
X one
~one
151.50
1.:!1~.20
50.00 lt-IH.7SR.78
111,-1~4.21
);one
~one !\~one
~one :{1~.87

Tot.al ------------------ ___________ $

TWENTiiETH ANNUAL REPORT

97

STATEMENT Showing condition at the close of Businc,;,; Deeemher 30, 1939, of the
SEA ISLAND BANK Statesboro, Ga.
As called for by the Superintendent of Hank,;.

C. P. OLLIFF,
- President. Date of Charte1: 3-11-1901
RESOrRCES: tolllS and Discounts _______________ ~ ;t~;te of (;eorgia and .\IunieiJJal
r. Bond:' owned -------------------
s. Gon:rnnHnt Secttrities owtH:'(L_
Otlwr ~to<'ks and Borub 0\\'IH'lL ____ _ Banking House a n<l I~ot __ rmnitllle ,u~d Fixtures ________ _ Otht:T Rlal Estatt_, owued _____________
Cash in Yault and Amount diU." from approYed Rl':--erve .\gent:-; _________ _
('}Jt~cks fur Cllaring and due t'rom
other Ba.nkf' --------------------Cash Ittm~ -------- ---------------onrdrafts - -------------------.,-AdratH't' oll Cotton and other Com-
moditit>~ - ----- ------- -- ---------Customer~' I~ia bilit) on J,ett Pr:-; of
Credit and .Accevtan(e~----------Profit and Loss __________ _
Otht>r Resour('ts

243,905.12
16,735.40 1:10,000.00
X one
1~.0110.00
2,3011.00
6,:~2~.-17
.JOO,:JlR.IR
7,209.12 Xonr Xm1e
:;, L)1.3.J
Xmw Xmw Xont

C. B. McALLISTER, Cashier.
Began Business: 1901

LL\BILITIES: Capital l'tock _____________________ $

Capital Xote~

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

~urplus Fund ---------------------

(Tnd.lYlded Profits -----------------

H.e~rrYl' Funds _ -----------------Vue to Rilllk~ ____________________ _

J)jyidends ruvaid ----------------('ashit>r's Chel'l\s __ -------------Certified Check~ -----------------I>enwnd Deposits ___ --------------Timt Ctrtit"icatls of Deposits ______ _
s~aring..; l)t_posits -------- ---------Lettt-rs of Credit and _\ecpptances
eXl'l'lltt-d for ('u~tomtTs _________ _
Hills Payable --------------------=
Xotc~ and Hills Hedis(ounted. __ Otht'r Liahilitit:-. ____________ _

50,000.00 X one
15,000.00 11,006.71
1,66:3.44
~one
1,125.00 10,690.1:]
10.00 r.77,721.7:i
147,532.~9 1:3,398.~1
X one
XOIH
X one ::'\"onp

Total

_______________ ...$ R28.14S.8:J

Total

........$ S28,14R.8:J

----------

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

STATEMENT Showing condition at the close of Business De<tmhtr 30, 1939, of the
FARMERS & MERCHANTS BANK Summerville, Ga.

As called for by the Superintendent of Banks.

N. B. MURPHY, President.
Date of Charter: 2-5-1926

D. L. McWHORTER, Cashier.
Began Business: 2-6-1926

nr:sorRCES : I.oans and Dhwounts _______________ $
State of G-eorgia and )luntctval Bond~ owned -------------------
[. S. t;qyernment Seeurities 0\\'ned_._ Other ~to<"ks and Bonds owned _____ _ Banking House and I.ot atHl FurHitnrt>
and Fixtures -------------------Other Heal Estate ownelL __________ _ Cash in Vault and Amount due from
aptnond Reserve Agents ________ _ Che<'k:-; for Clearing- and due from
other Banks --------------------rash Items ----------------------Overdrafts ______________ ----------Advance 011. Cotton and other Com-
moditie~ _____ --------------------C'ustomprs' Li<tbilitr on I.~etter!:-; of
rrPdit and Acrei)tances __________ _ Profit and l..oss ___________________ _ Other Rl'sour<'es __________________ _
Total ------------------------- ____ $

133,159.29
11.246.60 175.R74.84
1n.sH.34
H,24H.!J:~
2.7:15.00
2il4,6.J4. 70
1,759.30
~one
X one
);oue
~Ollt
None
~one
645 ..Jn.2o

LL\RILITIES: Capital Stoek ----------------------$ Capital ~otes ---------------------~urplw; Fund _________ ---
rndivided Profits ----------------Heservt Funds -------------------J)up to Banks --------------------Dividelld~ rnpaid -----------------Cashier's CIH'l'k:-. ---------------Ct-rtified Clwcks -----------------Demand Deposits -----------------Time Ctrtifkatt's of Deposits ______ _
SaYings Deposits -----------------Letters of ('rt>dit and ~\cceptanres
f'Xtcuted for ('ustonwrs __________ _
Bills Payahll' --------------------Xotes and Bills Ht>dis('Otlllted ______ _ Other LiahilitiP~ -------------------

25,000.00 None
15,000.00 11,601.96
2,684.07 None
1,000.00
80~.97 ~one
454,270.29 1:l:i.l:l2.91
None
None
~one
Nont' X one

Total ------------ .. --------------.$ H45,493.20

98

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Business December 30, 1939, of the

DURDEN BANKING CO., INC. Summit, Ga.

As called for by the Superintendent of Banks.

B. L. ROUNTREE, President.
Date of Charter: 6-26-1935
RESOUUCES: Loans and Discounts _______________ $ State of Georgia and )lunicipal
Bonds owned ------------------1:. S. Government Securities owned __ Other Stocks and Bonds owned_____ _ Banking House and Lot_ __________ _ Furniture and "Fixtures____________ _ Other Real Estate owned ___________ _ Cash in Vault and Amount due from
approved Reserve Agents ________ _ Checks for Clearing and due from
other Banks -------------------COavsehr d r aI tfet sm s_ _-_-_-_-_-_-_-_-_-_-_-_-_-_-_ -_ -_ -_ _- _- _- _- _- -_
Advanee on Cotton and other Commodities -------------------------
Customers' Liability on Letters of ('redit and .Acceptances__________ _
Profit and Loss ___________________ _ Other Resources -------------------
Total -----------------------------$

19,007.71
~one ~one
None 2,400.00 l, 150.00 3,000.00
3R,307.97
X one
~one
:X one
2~.117.87
~one
None
~one
R7,983.;i5

R. W. DURDEN

- Cashier. '
Beg-an Business: 6-5-1935
LIABILITIES:

Capital Stock ___ -------------------$ Capital :Sote~ --------------------~urplus .Fund -------------------l!ndiYidcd Profits _________________ _ Reserve ~~unds -------------------Dut> to Banks _____________________ _

l5,ooo.00 Xone
3,0oo.o0 1,338.10
125.00

DiYidends Unpaid _________________ _

None

Cashier's Checks __________________ _

None

Certified Checks _________________ _ ])emanrt Deposits -----------------Time Certifirates of Depo~its ______ _

42Uo Xone
60,973.75
2,125.00

Savings Deposits -----------------I..etters of Credit and .\ccPptanc!:'s

5,000.00

executed for Customers __________ _

None

Bills Payable --------------------:Xotes and Bills Rediscounted______ _

None
~one

Other J.. iabilities ------------------

X one

Total

___________________

---

-

-

-----

$-

----
87,983.53

STATEMENT Showing condition at the close of Business December 30, 1939, of

THE CENTRAL BANK Swainsboro, Ga.

As called for by the Superintendent of Banks.

R. A. FLANDERS, President.
Date of Charter: 9-27-1920

W. Vi. FLANDERS, Cashier.
Began Business: 11-9-1920

RESOtJRC~:s : Loans and Discounts________________$
State of Georgia and ::\Iunidpal Bonds owned -------------------
U. S. Government Securities owned __ Other Stocks and Bonds O\Vned _____ _ Banking House and LoL ___________ Furniture and Fixtures ____________ _ Other Real Estate owned ___________ Cash in Vault and Amount due from
approved Reserve Agents ________ _ Cherks for Clearing and due from
other Banks --------------------Cash Items ----------------------Overdrafts ----------------- _______ _ Advanre on Cotton and other Com-
modities ------------------------Customers' Liabllity on Letters of
Credit and Acceptances __________ _ Profit and Loss ___________________ _
Other Resources -------------------
Total _____________________________$

222,592.43
~one
20,625.00 1,430.00 R,200.00 1,000.00 357.00
126,120.90
3.176.41 354.62
~one
None
None None None
383,876.36

UABILITIES : Capital Stock ______________________ $
Capital ~otes --------------------~urplus Fund -------------------rndivided Profits ----------------HDueseervteo FBuanndkss __-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
Dividends enpaid ----------------Cashier's Checks -----------------Certified Checks _________________ _ Demand Deposits __________________
Time Certificates of nevosit~------ S.avings Deposits -----------------Letters of Credit and Acceptances
executed for Customers__________ _
Rills Payable --------------------Xotes and Bills Rediscounted ______ _
Other Liabllities ------------------

25,000.00 None
2:1.000.00 985.26
~one
2,200.44 None
2,070. 78 None
264,057.68 64,562.20
None
None None None ":\one

Total -----------------------------$ 383,876.36

TWENTIETH ANNUAL REPORT

STATEMENT Showing condition at the close of Business December 30, 1939, of
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

HEf'Ol'RC'ES:
Loan:-> and Disro_unts ___ ------ :--. ___ $ :-;wte of <:eorg'Ia and ~lllllll'lpal
Bonds owned ---------
r. ~- (:onrnmPnt SCI'llritie.: 0\Ylll'(l__
Other St<H'k~ and Bonds o\\Hed _____ _ Banking Howw and Lot ___________ _
Furniture and Fixtnres __ - - - - - - - - - ott1er Real Estate ownLd ________ ---rash in Y;tlllt and .\.mount dtH from
apJlrond Res ern ..\gtJlt.-; __
('hL'<'ks for Clearing and dttt from
othl'l' Hanks --------- -('ash Items -----------Oyerdrafts ---------------.\<1\anct> on Cotton and othn Com-
modities -----------------------('ustonwrs' Liability on Lelltts of
Credit and Accet)tatH't'~Profit ;tnd Loss _____ _
Otller 1\esouH.'l'S ---

Total -----

_________ $

:: l.OO:i.OIJ
~:1,12:i.OO
X one XnnP ~,-i 7.1.00
:)-L1~!l.:;-t
:l,.) 1:L~O
-t:;.).O~
XmH
X one
;\one X one 4,47ti.4:J
!Jk-!,8fll.:il

LL\ HILITIE~ : Capital ~tock --------------- __ $ Capital XotLs Surplus F!tnd lTndi\'idecl Profit->
HPsnn' Funds llut> til Ballks_ Di\ idt'lHls lTllpaid ('asllitr's Clwvks ('trtifiPd ClH.'l'ks
DLmand Deposits TinH ('prtifieatt-; of I kposits __ _ Sa rin;Is 1)cpo:-:its __
LdtLr-; of Credit and ~\('('Lptallt'L''-' executed for Custornns ______ _
Bills Pa:<tahte ________________ _
Sote:-. 11nd Hill:-; Ht>di:-><'OtlllttrL _ Oth~..r Liahilitks ______________ _

2:i.OOO.OO
.X OIH'
ti:! ..iOO.OO
.\'Oilt'
.i,fi Hi.7S
XOill'
2.:ill0.00 n.:1 t;-;.u
Xnnt>
:J:!~l.H29.o:o~
:~:J2.B70 ..i.t
Xoll('
Xoue Xrnw Xonp :X one

Tot at

_$

STATEMENT Showing condition at the close of Business Deccmlwr 30, 1939, of the
BANK OF SCREVEN COUNTY Sylvania, Ga.

As called for by the Superintendent of Banks.

J. A. MILLS, President.
Date of Charter: 4-10-1913

JOHN A. MILLS, .m.,
Cashier. Began Business: 5-1-1911

rn:::;orR<:E,;:
Loans and Discounts ____ _ ~t-ate of (;Porgia and .\Iunitip<ll
Bonds OWJH.cl __________ ---------
r. s. con'rnnH'nt Sl!('uritit':-i owlw<L_
OthPr Rtocl.;s and Bonds ownLd ----" Banking Ilou~e ;:nd Lot __ ------Furuiture ancl J<'lxtuns ____ _ Other Real K.;tatt-> 0\\'Hl'tL _________ _ ('ash in Yault and Amount due from
appronll Rt>st->rve Agents_ t'lw<'lc'-; for Clearing and littL' trom
othn Banks ___________________ _
Cash Items ------------- _--------Overdrafts _______________ ----------
Advalln' on Cotton and other Com-
modities --------------- ---------CustomPrs' Liability 011 Letttrs ot"
('rpdit and Arrel~tances ___________ _ Profit and Loss ________________,----
Other Resourees ------ ------------

;2:{,:)77 .li\l 1>'.100.110
:-;,:..;o~.-~ 1
~OJW
Xmw
X one
Xonv .):J.l'j
~Olll'
.XOlll'
'XOI!L'
X nne X one

LL\BILT'l'IES: Capital ~-a()('k __ (';~pital Xol\s _
:-4urplu:-: Fund t'udivided Profit:.; __ lh:-:.trn Funds __ Due to Ban\,:-; __ _ T>ividenrls {Tnpaid
('ashil'r's Chttli:s Certified Ch.t'l'ks ____________ _
Ill'lnand T>eposits Time Cvrtifir'ates of Ileposits. SaYings li<.']Hlsit.-;
Lttttrs of Cnrlit and ,\t't'Pptanres t'\:P('ltted for ('llstonwrs_
Bills Pavahlt _____________ _ ~ott''-> :uid Bills Hedis('OUI!tl'd~:====== 01htr Liahilitil'~ --------

Total -------------------.-------- _$

Total

- ,_., __________ ----- __ $

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

.)11.0110.011 X<Hll'
10,000.011
~\l,54B.l~
X one Xonp 24.00 1.0!)!/.17 XonL'
ll~.:ll\.7-l
17 .:)fHI.ilO !i0,0fl7Jl!l
Xont None Xonp
1.H~.i.2:~
.1~:!.-t:Hi.:!.)

100

DEPARTMENT OF BANKING

STATEMENT Showing condition at the dose of Bnsine~' December :~0, 19.~9, 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. IYESTBERRY, SR Cashier, .,
Be~an Businc~s: 7-1898

m:scn;ucr:s:
Loans au<l llbcountf'L ______________ $
~1atc <1f Ceorgia and ::\Iuni.l'ipal Bonds owned ------------------ __
r. ;-.i, Go\'PI'Ulllellt Securities owned __
Otlwr :-.ltocl\s an<l Bonds OWill'd ____ _ Banking Hou:-:.e and LoL Furniture and Fhturt>s OtllLr Heal Estate nwlle(L ______ Cash in Yault and .-\mount due from
appro\cd HtsenP .\p:Pnts _________ _
('htcks for f'learing and <lw from othPr H:nll-.;.s _____ ---------- ----
Cash ltPlllS ------------------- '__ _ 0Y('rdrafts __ ----------------.\dvaJH'P on Cotton <llHI other ('nm-
modit iPs _________________________ _
1u~tomn:'' Lia !Jility on },l'1hrs of Credit and _\cceptances __________ _
l'rofit and I~oss_ -------------------Otlllr He:-.onrcl'S ______________ _

Total

___ $

J 2,0110.00 Kone :\one
!i,OOO.OO ~ ..illll.illl
~Olll'
~OllC
);one X one
.2.H.JO
Xonf' )lone X one
:1!1.1.::172.94

LL\ BILJTIE~:

l';tpital ~trwk

-~

(':l!lita] ~Otl'S

;-.:HI'Jill!:-. Fund

l'udiYitkd l'rofits

Heser1 v Funds __

Due 1(1 Bnnl..;s __ .

DiYidPtHh Ctlpaid _

( a~llit>r's ( '11ttks

('L:tifild Cht>t'k~

I Jtma nd lkposih Tinw Ctrtifkatts (If lhpo~it...; ______ _

;..;a, ings I>cposit:- __

Llttns of Credit and ~\<'l't'ltLttll't'S

ext<utt>rl for ('ustollll'l'S ----------

Hill....; PayahlP ____________ ------- .. -

:'\ote~ ;tnd Bill:-:. lhdhl'(l\tlltL

Otlwr Liabilities

.-~~J.n!lo.oo
X one
~.i.OOO.OO
I~~, :!HO ..i7 :!:i:U~:~ Xont> :;2j .00
.TH.l.iilol X one
U.I,l-lii.97 t;::.i:-l.S.)-19
X one

Total ______________ _

STATEMENT Showing condition at the cloe of Bu~ine~s Dec<mhe :~0, 1939, of

THE PEOPLES BANK Talbotton, Ga.

As called for by the Superintendent of Bank>.

A. P. PERSONS, President.
Date of Charter: 12-3-1890

F AK KIE MAHO~E. Cashier.
Began Busines;;: 1-13-1891

RESOl:RCES: lJoans and Di~L'Oitnts _______________ $
Statto of Gt"orgia and ::\lunicipal Bonds O\\'ned -------------------
l~. H. Government Securities owned __ Other Sto('ks and Bonds owJH'lL ____ _ Hankin~ House and LoL __________ _ Furniture and Fixtures ____________ _ Other RPal Est:ate ownPd__________ _ Cash in Vault and Amonnt due from
approved Ueserve Agents ________ _ ('lwcl\~ for Clearing and duf' from CaosthherIteBmasnk_s___-_--..-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--_ Overdrafts _________ - ________ -------
Advanre on Cotton and other Commodities -------------------------
('nstomers' I~iability on JJetters of Credit and Acceptances __________ _
Profit and Loss___________________ _
Other Resources -------------------
Total _____________________________ $

:l(i.:135.66
X one 72.:)00.00
"X o n e 3,000.00
ROO.OO
.~.fi22.75
::;9,070.87
571.44 Yone !\one
~one
~one
X one
~orne
JR0,820.72

LT.\RILITIES: ('apit.al Stol'k -------------------Capital Xotes --------------------Surplus :Fund --------------------l'ndiYided Profits ----------------Hcsprve Funds -------------------Hue to llanli:s _____________________ _
IHvirle11ds rnpaid ----------------Cashilr's Che('k.-.; -----------------Certifil:'d Cheeks -----------------Dl'mand Deposits ________________ _
Time C!:'rtifkates of Deposits______ _
SaYillgs Dt>pnsits -----------------Letters of Credit and Ac(eptances
pxecutPd for Customers __________ _ Bills Payable ---------~----------~ott's and Bills Redis<'ounted ______ _
Otlwr Liabilities -------------------

2:i.OOO.OO Xonr
l:i.OOO.OO l.O:ll.Jl Xone Xone 15.00
~10.0(1
X one !l:l.JH.J:l
~:l,.t20..!S
Xonf"
X one Xone XonP
~OilP

Total . ------------------~---------$ JRO,R~0.7~

TWENTIETH ANNUAL REPORT

101

STATEMENT Showing condition at the close of Busines' DPctmber 30. 1939. of th..

BANK OF TAYLORSVILLE Taylorsville, Ga.

As called for by the Superintendent of Bank.

J. I. HARRIS, President.
Date of Charter: 6-5-1905
m:~orncF.s:
j.o;tJIS "t1 /::::~:,?j\.\llh ,-lll-~1- .'\(l!!JitiJI;!~$
:-'1~\l~'!l(h() ()\\l:l'd,...' '
r. ~- (;OH'I'JliH('I\1 ~ECIII'iti(.-. li\\l!td
Otht'r ~tncJ.;:-.; and Bonds (1\\ Jlld ____ _ nankilll! HoUSI:' ~:nd Lui FurnitHfl' ansi F IXI \jr<_:-;_ nther Heal }.-.;tat~: (1\\"llt'd l'a:-'h in Yatdt aud .\nJ(IUilt dill fl'11!l1
appn,ved ltLstJ ~-v .\gLJJI'riHtk:-' r(lr CILanng n11d d11t tn11ll
otlwr Bank~- l'ash ltLms tht'nlrafts .\drant'l' on ColtoJJ und 11tl1tT ('(,Jll
rnoditiLs. cu:-;ton~trs Liahilit.' ot1 Lt:lth nf
Credit :wd .\t('l'\ll;tlll't'"' ]'rofit ttiHI Loss __ _ Other Be:-.ourc(s -
Total

XonP
::\011('
:;,000.00 1.4011.110 :2 ..i00.00
\"Olll'
:!i ..i I j .i i
!.-~. H\:~.:J2 :\()lit'
1.1::
.-.. n:.;i .oo
:'\oJH \"OllP
;-..one

W. ;vi, DORSEY. Cashier.
Began Business: 6-13-1905

LLI BII.I'J'IES:

(':l]liliil ~totk ___

_ __________ $

C;l]lit;Jl \"n1e~ ______ _

~urplu"' Ftmd ______ _

l'ndivifkd Profits ____ _

Bt~l'r\'t' Funds __ _

Iw tn H:nli\~-- ____ _

lli\'illt'Jld-: l'npaid

I ';t...,IJil'r'o.; ('IH('k~

('l'r1ifitd <"he('ks

ih'lll<IJI(l j)pposi1-:;

Tilllt' i'ertit'katt':-1 (f IltJHl"'its_ ~a\ ings lltposits

Lvttn...., of ('ndit and _\l'('f')ii<IIH'{<.;

t'\.l'Citl (d for C'ttstomtr:-:

Bills l'ayalJlt _

\"ott s :tlHI Hill:-: lti..'di<-:t'(llJlltcd_

OLhl'l' Liahilitils

2:!,000.00
~one
.>.000.00 J, I S7 .2:-i
~onr
);"one 1,000.00
;\()l}(
~Ol1l'
."iO.ti.):L7;) 4,21:J.07
J.l, 1R7 .80
XOlll' :!'\one
~On(
X one

Ttl! a I

__ $ l0fi.21:).Rj

STATEMENT
Showing condition at the close of Busincs' Dccrnber :W. 19:-!9. of the

TENNILLE BANKING COMPANY Tennille, Ga.

As called for by the Superintendent of Banks.

S. D. MANDEVILLE, President.
Date of Charter; 4-4-1900

S. D. :VIANDEVILLE, Cashier.
Began Business: 4-4-1900

HEsornn:s:

Loans and Discounts__

_ __ $

Statl ot (;eor)!i:t and .\ltllli('ipal

Bonds ownt-d __ _

T". ~- (;O\'l'rllnll'Tit ~l'l'l!J'itit~ OWJl(<} __

Othtr ~tor]{~ and BolHb owrH_<L

Rankin~ HomH:' and LoL ___ _ Fumlture and }'ixturt>~- __________ _

Other Rt:"al Estate ow11e<L

Cash in Ya ult and .\mouut d11e from

ap]1roved HescrYl .-\j.!tJlh_ ~------

('he<'ks for ClLaring- aud dUL' from other Bank<.:. --~-

Cash Items -----~-0\'erdrafts _____ ---- __

Ad\anre on Cotton atHi otht:r ('()m-

modities --~------------Customt>rs' Liahilitv o11 LPthr~ of

f'redit and Art'PJ;tallc't'" _ Profit and l.AJ~"-------------Other Resources _____ _

Total -----------------------------$

:\one X one 1:12.00
~one
1.417 ..)0 :L7ti2.:l0
X one
"XOll{'
X one
10:0.296.64
X one
;\Ollt' ~one
231,879.26

Capital Capital
Surplu~

~tock ~otcs
Fund

Ll.Ul!LITIES:
---------------------$ ----------------------
_____________ _

rnctivi<lerl Profits ------------------

Ht>sern~ Funds --------------------

Dlll' to Banks _______ _

DiYi<l<nds enpaid _____ __________ _

C'ashiPr's Checl{S

___________ _

Certified f'hel'ks ___ --------------Dlman<l J){'P(Jsits _______ _

TinH' ('prtifil'ates of J)qJo."'its______ _
~a rings ncvosits ------ ----------}..etters of Credit and .\C<'C'{Itances
execttted for CustonH'rs __________ _

Bills Payahlf' ------------ _______ _ XotPs and Bills Hediscoullted ______ _ Other Liabilities _________________ _

30,000.00
~one
6,000.00
6,644.:~!
Nonp
~one
476.00 1 ,624.0~{
~one
130,9H7 .89 28,967.R:{ 27,229.12
~one
:Sone None None

Tot a 1 __ -- _______ ----- _____________ $ 231 ,879. 2f;

102

DEPARTMENT OF BANKII\G

STATEMENT Showing condition at the close of Businc" Dtcember 30, 1939, of th,.

CITIZENS AND SOUTHERN BANK OF THOMASTON Thomaston, Ga.

As called for by the Superintendent of Bank.

JAMES R. ATWATER, President.
Date of Charter: 2-28-1930
RESOL:IICES: Loans alHl Di~counts _______________ $
St,atP of (;t:>orgia and ::\lunicipal Bonds O\Yllf'd ________________ ----
r. S. (;ovcrnment :Securitles ownecL_
Other ~tocks and Bond~ owned _____ _ Banking Honse aucl LoL __________ _
Furniture allll. Fixtun~------------. Other Real Estate ownt><L __________ _ Casl1 in Yault and .-\m<nmt dtte from
approved ResPrve _\p;euts .. _______ _ Che<ks for Cltaring- ancl due from
other Banks ------------------ __ Cash Items -------------------Overdraft~ --------------------- __ Advance on Cotton and otl1er Com-
moditic~ -----------------Customers' Liabilit:-. on Lettn~ ot"
Credit and Aen'ptalH'P~------------Prnfit and I . oss ________ _ Other Hesources ____ _

S,HlOJi~ 1411,-l:{-l.~lti
~1 ,!\!l() .00 1.1,711.:-l-t
T..17\l.!t!l
:~2.07\).07
SOlA:i:l.ll7
Xoue
:\~ Oilt
Xont
::\Oilt' XCJllL'
l:H.Oli

C. B. JENKINS, JR., Cashier.
Began Business: 2-28-1930

L L\ BILITIES :--------------_

Capital ~hwk ___ ----------------- $ 1oo.ouo.oo

Cil}lit;_d :\OtL'S - -------------------

Surplus Fund

______________ _

l'nclhided Profib

)- Xone ->,OOO.oo 12,500.5;}

Hesent' Funds _ Dne to Banks_
IHYid{'llds rnjl:tid ('a.;;hilr's ("hel'l.;-..;

_ --------------- --------------

!,935.92
X one G,OOO.oo
~.IS2.lO

CertifiLd Clweks ____ . ----------Hlmand Dtpo:--.ih _________________ _

Xone 1 .o~:l,03o.so

TinH' Certificates ()f Ileposits _____

.12,RO;).-to

SaYings IIL'Jlosits

1t;8,09L3t

Letter.-:; of Crvdit and .\<'t'{')ltatH't:--.

P"Xtndtd for ("u:--.tomers _________ _

Bills Pa yahk

_____________ -

:Xotes atid Hill:-. BPdi:-.touuted _____ ,

Otlltr Liahililie:--. ------------------

X one X one
X one 9:Jl.Jj

Total

------~--_I_.:_;r_'-_'_'-~-'-"_:~____'I_'n_t_a_I_ _ _-_------ __ ----------- - __ s I,::n."":i ..i~."":i.5J

STATEMENT Showing condition at the close of Business December 30, 1939. of tht
BANK OF THOMAS COUNTY Thomasville, Ga.
As called for by the Superintendent of Bank,,

W. F. SCOTT, President.
Date of Charter: 2-5-1937

H. B. GURLEY, Cashier.
Began Business: 2-15-1937

HESOl'!ICEo;: Loans and His<mmt~L-------- -----~ BtatP of Ccorgia and ~lulli<'ipai
Bnncl~ o\vncd __________ ---------{~. ~- (;overnment Srl'llrities ownpd __ Other Storkc; and Bond~ owned _____ _ Ranking; Hm1sP and LoL _____________ Fllrnitl1rc and Fixtnn~------------Other Rt>al EstatP o\HH'{L _______ --- Ca~h in Vanlt and .A mount due from
approvNl Hesprve ~\gents __ _ f'herks for Clearing and due from
other Bank-s _________________
f'ash Items ------~---------------Overdrafts --- __ -- _____ -- __ ---- __ --.\tlvanee on Cotton and other Com-
modities ------------------------Customers' Lj<tbilitv on I~cttcrs of . rrcdit and A('eePtanres __________ _ Profit and l . oss___________________ _ Other Resourres __________________ _
Total -----------------------------$

109 ,:.!70.1:!
;\Oil('
,)J.:\:3:!.:-ll :\one
"\""OIW ~.i'01.S:)
X one
~til ,():19.9~
~l.Hil\.1:{ :\Olll' .XOlll'
:X o n e
X one
~one
X one
nR,!30.:J7

LL\BILITIES:

Capit:!I .Sto(k ___ --------------- ~

Capital ~otes __

___________ _

~urplus Fund _____ _

rntlivid{'d Prnfit." ____________

]{('->ern~ Fuud:--; _____ ---------

1)111.' to Hank:-.____ _ ________ _

DiYidends l-npaitl

___________ _

Cashicrs Checks

_________ _

CNtit'it>d Cllccks ------------------- _

lhmaud Hcpo:--;its

----------

Time Cprtificate:--; nf Deposit:--; ______ _

~avings lh-']Hlsit:--. ------------------

Ltttcrs of ('ri:'(lit and .\cceptances

L'Xecuted for Cnstomers __________ _

Bills Pay,lbk _---------------Xotes and Bills Itedisconntl:tL _____ _

Otlit'r Liahilith:--; ---------------- _

')(),000.00 X on{'
10,000.00
1~.77-!.:n
"XOll{' ~.),007.R~
;),1100.00 I,~R7 .6"
2D9.6.)
"l;~.:lliS.89
ti I,Sll.OR H7' .S51.17
X one Xone X one X one

Total _____________________________ $ 7:;s,130 .S7

TWENTIETH ANNUAL REPORT

STATEMENT Showing condition at the close of Business December 30, 1939, of the
COMMERCIAL BANK Thomasville, Ga.

As called for by the Superintendent of Banks.

J. TRUMAN HOLLAND,

W. J. MILLER, JR.,

President.

Cashier.

Date of Charter: 7-3-1916

Began Business: 7-22-1916

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

LIABILITIEH:

LIABILITIES:

).oans and ?jscotmts----------;c---$ 667 .OHG.46 ~tate of Cteor~ta and )fUl1H'lJHil

Capital Stock ---------------------$ Capital :Xotes ---------------------

50.000.00
~one

Bonds owned --------------------
{". s. (;.overnment Securities owned__

29,4g6.2:i 124,0f)2.30

Surplus Fund --------------------Undivided Profits -----------------

60,000.00 20,620.92

Other .stocks and Bonds owned______ Banking House and LoL___________
Furniture and~ Ftxtures_______ Other Real Estate owned__________

None :!7,000.00
9Ji00.00
R.:~OO.OO

Reserve Funds -------------------Due to Banks ____________________ _
Dividends t::"nt).aid ----------------Cashier's Checks ------------------

None 20,931.89
35.00 7,079.62

Cash in Vault and Amount due from

Crrtified Checks ------------------

3,373.46

:IIlllroved Reserve Agents ____ ._____ Checks for Clearing and due from
other Bank~ --------------------

722,814.61 4:2,4:12.23

Hemand Deposits ------------------ 1.065,718.27

Time Certificates of Dep-osits _______

26,276.02

~hving.-; Deposits ----------------- 430,601.37

('ash Items -----------------------

93.32

Letters of Credit and Acceptances

overdraftR ------------------------..\dvan.C'~ on Cotton and other Com-

12G.84

executed for Customers__________ _ Bills Payable ---------------------

Sone
~one

modities ------------------------Customers' Liability 011 Lt1t('l'.'i of
Credit and Acceptances __________ _ Profit and J~oss ___________________ _

!8,;)88.97
X one X one

XotPs and Bills Rediscounted______ _ Other I~iabilities ------------------

None None

Other Hesonrres ------------------

93.3!l

Tot a1 ____ --------- .. ------- -- __ .. ___ $ 1,6R1 ,o 36. 3.)

STATEMENT Showing <ondition at the close of Business December 30, 1939, of the

J. E. WILKERSON, President.
Date of Charter: 7-18-1891

BANK OF THOMSON Thomson, Ga.

E. C. HAWES, Cashier.
Began Business: 7-18-1891

REROrRCES: Loans and Disronnts ______________ $
~Hate of Georgia and ::\Iunieipal
Bonds owned -------------------
r. S. Government Securities owned __
Other :Stoeks and Bonds owned_____ _ Banking House and LoL __________ _ Furniturr and Fixtures ____________ _ Other Real Estate owned__________ _
(',.ash in Vault and Amount due from appro\ed Reserve Agents ________ _
rhecks for Clearing and due from
other Banks --------------------Cash Items _________ --------------Overdrafts ________________________ _
Advance on Cotton and other Commodities ____ ---------------------
Customers' Liability on Lettt>rs of Credit and Acreptanees __________ _
Profit and Loss ____________________ _ Other Resources _________________ _

102,7:J2A:i
109,216.05 79.476.22 30,544.55 10,800.00 '3,110.00 5,517.59
2,087.08 10.00 5.92
Xone
None None 2,609.20

!,lABILITIES: Capital Stork _____________________ $
Capital Xotes --------------------Surpltts Fund --------------------Vndivided Profits ----------------Heserve Funds --------------------Due to Banks _____________________ _ Dividends Unpaid ________________ _ Ca;.;hier's Cheeks _________________ _
Certified Checks -----------------Demand Deposits -----------------Time Certificates of Deposits______ _ R,avings Deposits _________________ _
Letters of Credit and Acceptances executed for Customers __________ _
Bills Payable --------------------~otes and Rills Rediscounted _______ _
Other Liabilities ------------------

50,000.00 None
50,000.00 20,6H2.43
1,106.00 None
4,072.00 944.42 None
334,861.75 161.727.03
N-one
~one
X one None X one

Total -----------------------------$ 623.393.63

104

DEPARTMENT OF BANKIXG

STATEMENT
Showing condition at the close of Buin.. o..,...mJwr ~0, 1939, of

THE BANK OF TIFTO:\ Tifton, Ga.

As called for hy the Superint<"ndtnt of Bank.

E. P. BOWEN, SR., President.

B. H. McLEOD \'ice-President and Cashier. '

Date of Charter: 10-10-1891

Began Business: 1896

_______________R_E_S_O-~-.R--C_E_S_:-------------~-----------------------,-.J-.\--R-1-J-.I-T-I~-;-s-:-------------_

Loan:-\ and Discounts _______________ $ ~tate of (~eorgia and :\Iunkipal
Bonds mrned _________________ ___
r. R. G-on:rnnwnt SI:'CIIfities owned__ Other Htorks and Bonds owned ____ . Ranking- Hou~e and LoL____________ Furniture and Fixhtres____________ _
Other Hfal EHtatf' owned___________ f'ash in Yault <l.nd .\mount rl.ue from
aPIJrorrrl He~wrrc .-\gent~---------Checks for Clearing and d11e from
other Bank~ ------------ ____ ('ash Items -----------------------On.'rdrafts ------------------------Advance 011 ('otton and other <'om-
modities -----------------------Customers' Li-abilit~ on I~etters of
Credit and Acceptances __________ _
llrofit and LoH~"-------------------Other Hesour('es ___________ _

67l,tit:L:~3
110,116.9R 122,150.00
X one 24,:H3.35
Xonf' :10,972.61
!l:'iO,J~tUHi
!1,94.~. 77 971.10 7:11.!16
Xone
);ouf' X one
~one

<'apital :-ittwk Capital ~ote:-. Stuplu:; Fund

------------------$ ----------------__________ _________

rndiridLd Profit-. -----------------

Heserre Funth __

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

Out> tu Banks_

- ----------

Dividends rnpaid __ ____________

Ca~hif'r~ t'httk..; ------------------

t'ertified ('hetk~

--- _________

Dema11d HeplJ:db

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

TimL' <'t>rtit'it'iltL'~ 1\f' lltpo~it:'L________

Savillg:s l)pposib

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

LLtter-..; of ('rt>dit and .\ttt~pt.allCf'~

P:\.L't'utl'd for t l!st()IJltrs. _______ ---

Hills Payahh ____

_ ___________ _

Xott~ <llld Hilh Htdht'tJUHted ______ _ ()thtr Liahilitlt-..,

lOO,OOO.oo Xone
l.'ill,OOo.oo Rfi,604.:H
Xone ~:!:HtOG~.,,R7i436s932:4.2_)t...02:6o.iO6o55 ~~Hi,90i. 7 :; 1H0,06:CJI)
X one .X one
~one
X one

Total ______________________ -------$ 1,920,960.08

Total

STATEMENT Showing condition at the close of Busine~~ D ..<emllt'r :~0, 19~9, of

THE FARMERS BANK OF TIFTO' Tifton, Ga.

As called for by the Superintend..nt of Bank.

JOSEPH KENT, SR., President.
Date of Charter: 12-21-1936

J. E. NEWTON, Cashier.
Began Business: 2-24-1937

RI<~SOURCES:
l .. oans and Discounts _______________ $
State of (;eorgia and :\lunil'ipal Bond<-~ owned -------------------
C. S. Governml:'nt Securities owned __ Other Stocks and Bonds owned _______ Banking House and JJot___________ _ Furniture and Fixtures ____________ _ Other Real Estate owned ___________ _ f'ash in Yault and Amount due from
anproved Reserve Agents ________ _
( 'heck-s for Clearing and due from other Banks --------------------
Cash Items -----------------------OvenJ.r,a fts ------------------------Advance on Cotton and other Com-
modities ------------------------Customt>rs' Lil(tbility ou Letters of
Credit and Acceptances __________ _ Pr-ofit and Loss___________________ _
Other Resources -------------------
Total -----------------------------$

nn.on .Go
None X one 1,:186.30 6,650.00 2,700.00
~one
79,972.11
1,2Rl.2:-i 431.7 2 None
!!,470.00
~one
None None
230,968.98

LI.\RIJ,JTIES:

Cavital Hto('k --------------------$

<'avital ~ott~ ---------------------

SurpluR Fund

-----------

L"ndivided P1ufit~ _______________ _

Reserve l<'utHls ___________________ _

Due to Bank~---

____ .. _____ _

Dividends L"npaid _________________ _

Cashier's Checks -----------------Certified Checks _----------------Demand Deposit.:.. ------------------ Time Ct:.rtificate:-. f1f Heposits _______ _

Savings lhposits ------------------Letters of Cr~:tlit and Aceept.an('e.-;
txe<"uted fur ( 'u-.;tomer:-; __________ _

Bills Payahlt> ------------------ __ Xotes and Bills RLdi:-.eolmterL _______
OtlH"I' Liahilitit:...

r.o.ooo.oo
X one I 0.000.00
~,764.80
);one X one X one 1,05.\.42
~OTIC'
H9 ,448.0.i 61.394.06 lt>.:J07.6j
:\one ;-;one );one
~~Oill'

'l'otal -------------- --------------$ 230,968.98

TWENTIETH ANNUAL REPORT

105

-------

STATEMENT Showing condition at the close of Busine"' De<"emllt"r 30, 1939, of

THE BANK OF TIGNALL Tignall, Ga.

As called for by the Superintendent of Bank.

c. D. BOLTON,

- -President. Date of Charter: 7-5-1909 RESOrRCES: d Iti~countr-; _______________ $

~:t~s

111
'of

(;porgia

and

-:\luniciiJi\1

.. Boncb owned ---------------:----

~.ih~~~

(;n\ ernnwut :O:tPch and

~lcuritiPs O\\ ned._ Hond:-> owned

B nklnl! Hou:--P ;~nd I~nL ___________ _

F~rnlturt' a1~d Fntu~es --------------

Other Heal b~talt 0\\IH:cL _________ _

('a~h in Yault and Amount due from

aJlJH'OH.'<l H,estr:p Agent-; __ _

fht>l'k~ tor ( li:armg and dllt~ from

other Banf, ... --- --------- ---

('ash Item..;

-----------

()n>rdraft~

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

Adrllnn 1111 ( 'nttun and other Com-

nwditie~ -----------------------

Cu:itomt>r< Lialdlit:v on LettL'f:-, of Credit and .-\((pptancrH ___________ .

Profit and Loss __ ---------------Other Ht..;ource:>~ -------------------

Total

42,B92.17
X one X one X one 2,000.01) 1,000.011 X one
!1,7 .)~.!1-l
XOIIP ::\Oill'
X one
).;out> .XOIH'

L. D. WARE, Cashier.
Began Business: 8-1909

LIABILITIES : Capital Stot'k --~-----------------$ ('apital Xotes ----------------------
~urvlu:-; Fund ~-------------~----- "Cndivide-0 Profits . ----------------Heserrt> Funds -~------------------Hue tn Banks _________________ , _____ _

UividL'lHls rnpaid ------ - - ----

Cashier's Chet'ks

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

Cl'rtified !'he('l\:-- ------------------Dtmand Dl'posit:-; __ -,.----------~- _

Tinll' ('Lrtificate.-.; of Deposits ______ _

~;1\"ings Depo:-;it--. _ -----------------LvttLr~ of Crt>dit and Acl'ept.ancLs

L'X.t'('UtL'd for ("JJstomers __________ _

Bills Xott>:-.

l'avahh a1;d llil

___ ----------h l{t>discountPd

-_-__- -----~

Othtr Lia hi litits ___ , ______________ _

23,000.00 2,800.00 2,000.00 107.00
Xone
1\~0ilf'
~OllP
Xonf'
NOlll'
87,7fl4.02 2:1,727.91
X one
Xo11e X one X one ?\one

Total

------------------------$ 14I.:J9H. n

STATEMENT Showing condition at the close of Busine Dt><"embtr ;{0, 1939, of the

BANK OF TOCCOA Toccoa, Ga.

As called for by the Superintendent of Bank,.

J. H. CURTIS, President.
Date of Charter: 8-10-1911

R. C. HARDING, Cashier.
Beg-an Business: 9-1-1911

RgSOURCES: I~oans and Discounts _______________ $ Htate of Georgia and ~Iunicipal
Bonds owned __________________ _
l'. S. (;ove-rnment Hecurities owned __ Other Stocks and Bonds owned _____ _ Ranking House ,and LoL ___________ _ Jl~urnlture and Fixtures ____________ _ Other Real E'tate owned ___________ _ f'ash in Yault and. Amount due from
a}lprored Rest>rn: Agents ________ _ f'herkf( for Cle<1ring and due from
other Bank~ ---------------~--- raRh Items ----------------------0\'erdraftR _______________ ----------Advance on Cotton and other ('om-
modltleR ------------------------Cu:-1tonH'rs' Li'a bilitr on Letters of
Credit and .Aceet;tanr.es __________ _ Profit and I~oss ___________________ _
Other Resources -------------------
Total ____ -------------------- _____ $

:-n4,R-lfU)7
X one
42.:l28.1~
2.200.00 X one
~.500.00
!i,li7R.RH
-162.;)7 X one
J.n7.Rl
X one
~Ollf:'
X one
588.~44. 76

LL\BILITIES: Capital ~tn('k --------------~------$

SCuarppiltuals F"Xuonteds _-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_--_

rndivided Profits __________________ _

RcsPr\"P Funds __ nue to Banks ___ ~-~~~~~~~~~~~~=~~=~

IHvidt:>tHls "Cnpaitl

______ --------

f'ashler's Cheeks ___ --------------f'ertified Checks -----~-- ______ _ J)('maud Deposits ---------------~-Time (\.rtificatt>s of DeJJOsits ______ _

Sarings Deposits ------------------l.etters of Credit and .\('('tpt.;tiH't'-S
executed for Cllstorners ____ ~------

llllls Payable --------------------Xotes and Bills Redbwonnted ______ _

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

25,000.00 20,000.00 2:i,OOO.OO
287.09 U15.19
None None
1.~21.28
None 42:l,804.8.>
1,000.00
s.~.216.:1:;
X one
~~one
~one
X one

Tot a! __________ ----------------- __ $ :i8H .~44. 76

106

DEPARTMENT OF BANKI-:\IG

STATEMENT Showing condition at the close of Business December 30, 1939, of the

WILKINSON COUNTY BANK Toombsboro, Ga.

As called for by the Superintendent of Banks.

F. B. CHAMBERS, President.
Date of Charter: 7-16-1907

RESOURCES: Loans and Discouub;_ ______________ $ State of Georgia anll ::\lunieipal
Bonds owned __________________ _
r. s. Government 8eruritirs OWJl((l__
Other Stocks and Bonds owned ____ _ Bankinir House and I~oL __________ _ Furniture ,and Fixtures ____________ _ Other Real };state owned___________ _ Ca~h in Vault aiHl Amount due from
aJlproved Reserve ~\gents ________ _ ChPeks for Clearing and dU(' from
other Banks -------------------rash Items ----------------------0Yerdrafts -----------------------Advance on Cotton and other Com-
modities -----------------------Cu~tomt'rs' Lil<lbility on !.etters of
f'rNlit and Arreptanees__________ _ Profit and Loss ___________________ _
Other Rcsourees -------------------
Total -----------------------------$

77,085.97
X one X one )\one 4,7;)0.00 1,000.00 10,500.00
;)8,022.40
X one 1.H7.46
884.G5
2.H75.97
X one
~one
:\one
156,966.33

H. E. STEPHENS

- Cashier. '
Began Business: 7-16-1907
LIABILITIES :

Capita I Stock ---------------------$ Capital :Xotes ---------------------Hurplus Fund --------------------Lndivided Profits ------------------

15,ooo.00 8.3oo.00 2,ooo. 00 1,284.29

RDeuseervtoe FBuanndkss _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_

2.02s.o0

Dividends Lnpaid -----------------Cashier's Checks ------------------

!'>one soo.oo 888.55

f'ertifie(l Check:-; -----------------nemand Deposits -----------------Time Certific.ates of Deposits ______ _
~avings Deposits -----------------Letters of Credit and Acceptances

Xone 84.257.96 U,610.55
!I." one

exe{'Hted for Customers __________ _

X one

Bills Payable --------------------Xotes and Bill~ RNiiseounted ______ _ Othtr Liabilitie~ ------------------

None }lone "X one

Tot a I __________ --- _----------- __ --$~-156.966:35

STATEMENT Showing condition at the close of Business Dec<mber 30, 1939, of the

BANK OF TRION Trion, Ga.

As called for by the Superintendent of Banks.

BENJ. D. RIEGEL, President.
Date of Charter: 10-16-1912

GRADY W. COLE, Cashier.
Began Business: 12-17-1912

RESOl'ltCES: Loans and Discounts_______________ $

State of Georgia and ::\lunicipal

e.

Bonds owned S. Government

-

-----------------SecuritieR owned __

Other 8toeks and Bonds owned____ _

Banking House 'and LoL __________ _ :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 --------------------
OCvaesrhdr.Iatfetms s__-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_

Advance on Cotton and other Commodities -------------------------
Customers' I~i~ability on Letters of Credit and Acceptances __________ _
Profit and Loss ___________________ _

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

Total _____________________________ $

12<.169.41
:-;one 110,300.00
~one
None 529.00 2,896.00
146,242.18
None None None
17,274.90
X one
~one
!'lone
401,411.49

LIABILITHJS :

Capital ~tock ---------------------$

Capital Xott"s ---------------------

Surplus ~~und --------------------l~ndh-ided Profits -----------------

Reserve Due to

B:Faunnkdss___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_

lllvidcnds Unpaid _________________

Cashier's Checks ----------------Certified Checks -----------------Demand Deposits -----------------Time Certificates of Deposits ______ _

Savings Deposits ------------------Letters of Credit and Acceptances
executed for Customers __________ _

Bills Payable --------------------.Xotes and BillR Rediscounted ______ _

Other Liahilitie:-; ------------------

25,000.00
~one ~o.ooo.oo
16,933.82 1,363.00
~one
None 7,569.44
Xone 193.375.64 126,200.09
969.50
None
~one
X one None

Total -----------------------------$ 401,411.49

TWENTIETH ANNUAL REPORT

107

STATEMENT Showing condition at the close of Busine"" December 30, 1939, of the

BANK OF' TUCKER Tucker, Ga.

As called for by the SuperintendPnt of Banks.

p K. BURNS, President.
Date of Charte1: 10-29-1919
~Ol"R("Ef;:
LO ns and Discounts~-------------- - ~ St:te. of (;enr)!ia .tt1d :\Iunil'ipal
r. Bonds owned -. . .
S. (;orerllllH'llt ~l'l'~l~'ltll'~ ()Wlltd __ Other Stocks and Bonn:-; tl\\lll'(L ____ _ Sanking Housp ~l_n_d L11L _________ _ Furniture :u:d F Ixturt":-i ____________ _ Other Rtal J<..state O\Yned ___________ _ Cash in Yault awl .\nunmt llllc frum
apprond Rest'l'Yt:' ~\gcllh Checks for Clearing and dlll' from
other Rank..; -----------('ash Items -------------Orerdr~fts ---------------Adrance on Cott1>n anU othl'r Co!ll-
modities ------------------------ Customer< Liability on Ldttrs of
Crt>dit and ..:\l~n'IJtan('t'~---Profit and Lo~~---Other RL~nune..,
Total

~.793.19
);one Xmw 93.00 :!.100.00
1 .oo.oo 700.00
~.618.Stf ~81.77 ~51.91
X one
X one X one
Xll!it>

L. S. BURNS, Cashier.
Began Business: 12-30-1919

Ll.\ BILITIES: napital Stock - ----------------$ Capital Xotts __ _ Snrplns }'und ____ _
Fnclivided Profit:-; HPst>rn }'und~ ________ _
VuL' to Banks __ Diddend~ rnp:dd _________ _
Cashier\; Chrcli:s Ctrtifie(l Check' nemand Ihpo:c;ib TinH' Ctrtifir'ates of Pepn...;it:-; ___ _ ~avings Ht>lHJ~its ____ ------------l..t'tters uf Credit :111d .\tTtpt.alll'P"
Pxecuted ftlr CustnlllL'rs __________ _
Rills Payahlt ---------- X oiL'S tilHl Bills Htdi-.:l'O\Ililt>d ______ _ Other Liahilitil~

l.l,OOO.OO 7,275.00 :1.000.00
;~;i:i.;i~ ~.07:-L7.l
Xonl' 1:-)fi.OII :1UO
XOllP
7s.:n7.fili 1 .. ~~.49
::o.~.q~.\1~
Xont X one X one
~:!.i.OO

ToLd

STATEMENT Showin~o: condition at the dose of Bu,ine" December 30, 1939, of the
EXCHAN(;E BANK OF LNADILLA Unadilla, Ga.

As eallt>d for by the Superintendent of Bank,.

E. H. CONNER, President.
Date of Charter: 4-19-1935

T. E. WOODRUFF, Cashier.
Began Business: 4-22-1935

HEROT"RCES: Loans and Disrounb _______________ $ ~tate of (;eorg:ia awl :.'.ftmir'iJial
Bonds o\vnrd ____________ --------
r. S. (;overnnwnt ';Speuritits OWill'd
Other HttH"ks and Rontl~ f1Wlled~ Banking; House and Lot __ Furniturp and Fixtures ___ , Other Heal Estatt ownecL ______ ._____ _
Cash in Yault and Amount dut from approved Heserrt~ ..\gents ________ _
Cherks for Clearing and due from other Bank-; ___________________ _
('ash Ittms --------------Overdrafts ____________ - --- ---------
.Advanre on Cotton and othl'l' Com-
modities ------------------------f'ustomers' Liahility on J.. etttrs of
Credit and Acceptanres __________ _ Profit and Loss ____________________ _ Other Resources __________________ _
Tot a I _____________________________ $

1.000.00
XOllL' :\ Ollt' 1.~00.00
ROO.OO Xmw
1..07.40 X one .Xonf'
10 ..1\11.02
X one X one None
1 ~:? ..) 7:1.7 2

Ll.\HILITIES: ('apital ~tot'k __________________ ---!f:

Capital \'ute:-;

_________________ .

~Ur]llttS }~llltd __ __ -----------------

l'udividpc! Profits _

Resene Ftmcls

Due to Bauks ______ _

HividttH!s l'npaid ( 'a:-dlipr':...; ClHeks

Certified ClaTk:- ------------ ___ _
DPmatHI Deposit:-; Time Certificatt--s of Deposits ____ .. __
~avings ])eposit ------------------ Lettprs of Crt:dit ancl .\tcept.anc("~
exetutf'd for Customers __________ _

Bills Payahle --------------------Xotes and Rills Redlscotmted ______ _
Othtr Liahilitit~ ------------------

I:; .000.00
7\0lll'
:i.OOO.OO :1.0~2. 70
Xo!lt :J.OOO.OO
!100.00
:1o.oo
X one SO ,SO:i. :)~ 12,81S.ti-!
~one
::-.ione
~ont
X one X one

Tot a I -----------------------------$ 122,:Jj3_ 72

108

DEPARTMENT OF BANKI:\G

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

STATEMENT Showing condition at the close of Busine" Dneml~tt 30. 1939. of tht
BANK OF UNIOl\ POL'\T Union Point, (;a.
As called for h~ the Superintendtnt of Hank,.

H. LAMB, President.
Date of Charter: 5-15-1911

rmsornrEs:
L(li\l!s and ])bt(nmt:.; _________ _

~tntt of (;eorgia and .\lmlit iJ;tl

Bilnd:-; ownl'd _____________

l. ~- (;onrnnaJlt ~tturitit"' (>\\lll'd

OtlHr ~llH'k~ and Hfi\Jd<.; l\\lHd_

Banking Hou:.,t and Lnt __ _

Furnitlll't and Fhtlll'l':.; __

Other lttal E:-;tall ownl'd ___ _

('a:--11 in Yau\t and .\nlolllil dllt' trnrn

itpprnved Htst'I'Yt' .\J.!;tJlts __ _

Clwl'k:-> fl)r ('Jv;~ting aud dlll' frnm

othvr Ba11ks

( a-.:.!J It l'Jll."

()rcrdraft;..;

.\dYallt'l' on Cotton a11d ltlwr ('(lllJ-

nwdi1il'-;

__________ _

t'11:-tomtr:.;' Lil(thilit~ 011 L(lttr" lif

('ndit all(l .\ct'l'Ptnn<'t~-

l'rof it and Lnss_

OtlHr He:-:ourC'l'S

Tntal

I:-: 1.1:-\1. 1~
Xo!W ."\011(' .."\mH
..-.nJ:.oo
lfi.OO ~.0~.-. 11
,, !.101. \ l
~.!i,";;L(I!I ."\Olll'
:.!J.\1,1
Xmn "..'\one l 0.1100.00

R. B. RHODES Cashier. '
Began Business: 5-1911

LL\HILITIES:---

;,pit;tl :--:ttl(']\
Capita I .'\ ol c-.
:-.;!trplu~ FtllHI
l'ndiYidtd J'r11fit-. Ht~l'n t Funds lllll' t11 H.tnk:-._ iliYidttu\..; I"np<~id Ca-..!litr-. f'lll('k-.
( ('!'1 ifit'd ( '!JvcL~
I IL'Illillld IIL'p(.-....it~ TiJnt CtJ"tifitattc-- 11t Depo:-;its :--\aring~ IltJthit.-., _ Ll'ttl'l''-' tt Ci edit illHl .\('l'tp~;lll\'n

~.3.000.00
Xone
"U' .o.oiso..tooo
X one X one 1.1100.00 :lO.j.IJ.t
:.! I :{,1~~~~~ 1 ~.~~~:~~

t'\.l'l'\lltd ftll" ('tL-.,tloJlll'l'....; __ _

Hill~ I'aY;ddt

_________ _

\"tit('" at;d Bill-. Htdi.-.t'OUlltl'd __ _

OtlltJ l..i;lldlitil--....

Xoue
X one X one l II .000.011

T1lal

STATEMENT Showing eondition at tht dose of Bu,itw" Dt<cmht ;{O. 1939. of

THE FARMERS HA:\K Union Point, Ga.

As ealled for b~ the Superintl'lHltnt of Hank.

L. 0. BENTON. President.
Date of Charter: 9-6-1911

A. J. STE\\-ART,
ca~hier.
Began Bu~iness: 9-ll-1911

ur:sornn:;.;:
Loa us and Histmmts _____________ --~ ~tat(.' of (;t>orgia and ~lunidpal
Bonds ov.:tw-d ___________________ _
1. H. GoYernment He('uritles oWllL'rl __ Other ~tock:-; and Bonds ownNL .. ___ _ Banki11g; House and l.. ot .. ____ _ Furniture and l~ixhnPs ____________ _ Other Heal E:'itate owned ___________ _ Cash in \ault and ..\mount dut from
approved Heserve Ag;ents ________ _ Clie('k~ for Cleari11g and duC' from
other Banl\:s ---------------------Cash Itt>ms ----------------------Overdrafts ________________ .. ___ -----.\dnuH'e on Cotton and otlwr Com-
modities ___________________ --- .. --
Custonwrs I~iahility on Letter:-:: of Credit and Acceptan{'es __________ _
Profit and Loss ___________________ _
Otlwr Resounes -------------------

0,:189.H:) l!I,!H!l.H
:J.H4R.6r. l.iOO.OO
300.00 7 43.20
li'i.-172.89
X one
~one
80.90
X one
X one
~one
None

LI.\HILI'l'IE~:
t a pit al :o-.;rovk Capital Xote.'-' _ ___________ _

~urplus Fund

tndiYidt><l Profits . -----------------

Hesene Funds HuP to Banks -~~-~~~~~~~~~~~~~~~~~~

lHridends rnpaid ____________ _

t'asllier"s Checks

----

Certified Checks -~~=~~~~~====------
Denl<Ulcl l)pposits _____________ _

Time <'<'rtifieatt'.'-' of Deposits ____~~~

SaYings Deposits __________ _

lAth'rs of Crtdit aud Arcept.atH'l'~
executl'd for Customers
XBoiltlls's PaanydahlBt-ill."---H-e-d-i-x-c-o-u=n=t=e=d=_=~=-~-=-~-~=
Otht>r Liahilitit'.'-'

1.>.000.110 7..>00.00 :l.OOO.OO :l.OH.OS .>.1:10.00 X one X one l76.6S X one
l O.>.OS9.02 Xonl'
.iti,~7R.2:1
~one
X one Xone Xont'

Tot.Hl

------------$ 196,4:JS.Ol

TWENTIETH ANNUAL REPORT

108

STATEMENT Showing condition at the close of Busines Dec<'mlwr :~0. 1939. of the
BRICE BANKING COMPANY Vidalia, Ga.

As called for by the Superintendent of Hank.

M F. BRICE,

-- President. Date of Charter: 10-22-1938

RESOl.ltCEI':

J.:Oa,~s

and of

Di~vount:--___
(:eorgia and

~
:\Iunkipal

:-t~onds owned -------

. s Gnnrnmen1 .Sl~ruritil's O\\ ned_,

~ih;; f'toch~ and Bond~ o\nwtL

:~rnnkiitnugrr

HOlL"C au,d

Fiaxntud~p-L.;o_t____ _

Other Real },sta1P O\\ nc<L_.

cash in Yault and .-\mo11nt_ due from

approred Hl'Sl'l'H' ~\gent:-, ____ _

checks for Cleuring and dll< from

other Bani\:.: ---------------

rash ltl'ms

-----------

onrdrafts

\draiH'(' on Cotton alld otltct Com-

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

rustomer..;' Liahilit.\ Oll Lt'ttl'l''- of

fred it alld .\c<'PJlt<-tllt't'S _________ _

profit and Loss_

Other He:-:ourt't":-:

Total --- --------

Xont :!.31111.110 :L:!17 . .J.7
Xmw
1 ,.i7.i.(J0 X Oil('
:!.1-0.-!l :!.20:?.!10
li7(i.'il
XOlll'
~()11('
X om XoiH"

G. H. GIBSOX. Cashier.
Began Business: 10-29-Hl:i8

('npit;d ~toe];;

LL\ BILITH:s:

('apital Xotts _

~tirplus Fund ________ _

l'ndiYithd ProfiH _____ _

Ht~trn FttiHis ___ _

!Jnt to Hanl;;~

[ljyidLtHis l'tlpaid __

('ashir:-: Cllc('k~

(\rtifitd ('h\<k:-:

IJcmaud HttJoc;it~ Tim(' ('ertifkate~ of nt]Jo:-.it:-; ___ _

~aYings J)cposits

Lttht:-; of ('redit aud .\('nJil:\llt't:-.

vxttt!ttd f()l' Cu~t(dlHT'

Hills PaYahll:' .'\ott-; ;tl{d Hilh Ht"d~:--t'otmtt<L_

Otl!tr Liahilitit>..,

~-"i.OOO.OO
Xont 10.0110.1111 1 :i,!l.~:!.l.i
; .:!Oti.fi\1 ..\.Olll' X mit
l,.'H7.17
:\UI\l'
1-.:j ,:; 1~.7:!
~.:!.iO.Otl Xnllt
\"ont Xont Xont .\'ont

'l'ntal

STATEMENT Showing condition at the close of Business Dtennb..r 30. 19:{9. nf tht'

DARBY BANKING CO. Vidalia, Ga.

As called for by the Superintendtnt of Bank,.

J. F. DARBY, SR., President.
Date of Charter: 6-22-1934

0. C. EIDSON, Cashier.
Began Business: 7-1-1934

RESOl.:HCES: Loans and Disl'ounts ______________ $

State of Uporgia aud ::\Iunkipal Bonds ownpd _____________________ _

J.:lO:J.i:l

1. S. Government .~e(ttrities OWIH'(L_

lO,H.)O.OO

Other Sto('ks and Bonds mvned _____ _ Banking House and Lot_ ___________ _
Furniture and FixtnrC's ____________ _

2.000.011 8,400.00
750.011

Other Real Estate ownPd ___________ _

1.140.011

fash in Yault and Amount due from approved Re~"'t>rvt Agents _________ _

!10,815.0!

rherks for (')p.ariug and J.uC' from

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

:U27.02

Cash Items -----------------------

~one

Overdrafts ------------------------Advance on Cotton and other Com-
modities _____________________ - __ _

~onf'
47 .7RG.9H

Customers' Li-ability oll L-dtPr." of Credit and .\.C'cevtances __________ _
Profit and Loss___________________ _

X one None

Other

Resources

-

-

-

-----

-

-----

-

-

---

-

-

None
--

Total _____________________________ $ 301.887.46

LT.\ mLrrn:,;:
Capital Hto('k _. ____________________ $

<'apital :\'ot<_s

__________ _

~urpln~ Fund _______ .. ______________ _

l'udivided Profits ---------------l{pserve :...,unds _______________ _
Dut 1o Banks ____ _
IHvidencls rnpaid Cashier~ Checks ...-- .. ____________ _ <"Prtified C'hecks __________________ _

Ihmand Deposits -----------------Time Certificates of Deposits ______ _
~avlng~ Deposits -----------------Letters of Credit a IId .\LC"ept.a n<'PS
txetute-d for \ustunH:r:-~ __________ _

Rills Payable --------------------Xutes and Bills Rtdb(nunted ______ _ Othtr Liabilities __ -----~----~-----

~.).000.011
t>.:JOO.OO 10,:i2S.l :1
X one :!.224.7G
X one X one
j;).t,;j;)
112.50 1H2.0Rl.H7 72.fi:lR.-1H
XonP
Xonp X one XonP 2.2:!7.:n

Total

--------------------------$ :10 l.RH7At;

110

DEPARTMENT OF BANKU\G

STATEMENT Showing condition at the close of Busine" Deennbtr 30, 1939, of tht>

CITIZENS BANK Vienna, (;a.

As called for by the Superintendtnt of Banks.

J. B. WALTON, President.
Date of Charter: 6-30-1931
HE>'()("]{("!<:": Ln;lllS and lliscounts _____________ _ :--;ratP of Ct>O!'f.da aud ")lunkipal
Bonds ownt>d _____ _
r . S. Covernnwnt St('UI'itk ...; ()\\'lH'(i__
Othl'l' Stod;s and Bonds 0\nwd __ Banking: IloUSl' and LuL Furniturp and .Fh:tt!l"t'"---- ___ _ Otlwr }{eal Estatt owned __ _ (';tsll in Yault and ~\mottnt dttt' from
a pprtn-ecl HeserYL' .\gtnt:-; _ ('ilel'ks for t'llarin~~ and dttl' t'ront
1Jtlwr Rank~: ('a-;!J Item.-; __________ _ O\Lnlafts _ .\dYaJH't' on ('ottou and tJthcr (om-
moditil's __________________ ('tt~lOllll'I'"' Liahi1it:'t on Letttrs of
Cndit and .\c<eptalll'l'S __ _ l'rnfit and l.oss______ _ OtlH'l' Rt'SO\lrl'l'S -------
Total

;\Ollt'
I< .1 :;o.oo
XonP :l/.).01) :-tl.i.OO
XOill'
X one );one X one
I O,ti.JI.7:;
Xollt' .:\one fj;)fi.83

W. G. WILLIAMSON

Cashier. '

Began Business: 7-1-1931

LI.\H!LfTH:s : Capital :--tock _____________________ $
(':l)lital Xotf'~ ____________________ _

-..........

~ttrplus Fund

______________ _

l"ndi\"idf'<i Profit~ ___

__________ _

R<'Sl't'Vl' Funds llue to Banks_

_____________ _ __________ _

IJiYicknrls rnpaicl ('ashier's Check~ __

-.--------

Cntifit>d ('ht>cks 11PllliliHl Ih.. posits ________________ _

Timl' ('trtifkatPs of J)pposits ____ _ ~a\'ing:-; lJepo:-dt:-; ______________ _

Letters ()f Credit and .\('<'L'lltancts t'\:f'('Uttcl for CustnnHrs __________ _

Bills l'ayahlP Xotes and Bills Hedis('Oilllttd ______ _

(lthtr Liabilities __

STATE:WENT Showin11: condition at the dose of Busi!H" Del"< mlwr ;{O, 1939, of the
BANK OF VILLA HICA Villa Hica, Ga.

As called for by the Superint<>ndent of Banks.

S.C. DOBBS, President.
Date of Charter: 5-4-1899

H. G. CLIATT, Vice-President.
Began Business: 5-1899

1\E>'Orl\('E~ Loans and Illscnltllts _______ _ ~tatt' of <:torg-ia and .J.Inull'ip;t]
Bnuds O\Yill'd ___ ----------- ----1". :-.;_ (;oyernmtnt ~(turitit>s owne<L_ Otlltr ~tot'ks and R1llHls O\\"lled ____ _ Banking- HuuSL' and Lut_ __________ _
Fltrnitun and ~'ixtures ___________ _ Other HPal Estatt owned ____________ _ ('ash ill Yault and ~\mmmt due from
apprond Rrspnc .\gent:-; ______ --CJwck~ for ClParing- and dllf' frnm
otht>r Banl:.:s --------------------('ash Ittms ----------------------0\"l'nlrafts _____________ -----------_\dvancc nn Cotton aud nthPr Com-
nHHlities ------------- ------------('u~tomtrs' Lhrbility ou Letters of
Credit a11d .\cceptaiH'Ps __________ _ Profit and I~nss ___________________ _
Other Resources -------------------
Total ____ ----------------------- __ $

ll.S,~.l' x~,;-n:-u.:o
;\one :{.7.)11.1111
i'OO.OII 1 !l,f!HO.OO
I ~0.7ti:-i.O,o,:
.\"Olll'
17~.G:-I :!SO.~~
Xont X one
"XOlll'

LL\ BILITU:S:

Capital ~tock __

_______________ $

Capital Xotl''i "--- ____________ -- _ ~urplns Fund __ - _______________ _
l~ndiYided Profit-. _______________ _

Hl'SPJ'\"(' Funds _______________ _ I>ltt' to Banl\s_ _________________ _

!Ji\idt'lllfs rn}laid _________________ _ Casllilr's ('heel\s _________________ _

Cl'rtifif'cl ('lwck:-; ------------------
Demand Df'posits -----------------TimP Certifkates of DetJosits ___ ---
SaYings J)pposib -----------------
Lt>ttt>r.'i of Credit and .\<'tept.ancPs cXP('llted for Customers ___________ _

Bills Payable -------- ___________ _ Xote:-; and Bills Hedis('OIIllted ______ _ Other Liabilities _________________ _

.>11.1100.00 X one
10.000.00 7.Hil.20
X one )lone 964.00 1.391.18 :\one :lllR,669.91 s:UH0.91 X one
X one X one Xone X one

Total

- _________ $ clfi:!,:327.23

TWENTIETH ANNUAL REPORT

111

STATEMENT Showing condition at the close of Business December 30, 1939, 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

RESOl:RCES:

L ans and Discounts _______________ $

s~te of Georgia and :\Iwl'ieipal

r.

Bso.ndGs ovoewrnnmedent--S-e-c-u-r-i-ti-e-s-

-------owned __

Other Storks and Bonds ownecL ____ _

Banking House ~nd LoL __________ _

Furniture and Fixtures ____________ _

Other Real Estate owned ____________ _

cash in Vault and Amount due from approved Reserv_e Agents _________ _

Checks for Cleanng and due from
other Banks --------------------
A~~d~wdwr!cei~~osn--=C=o=t=to=n===a=n=d= ==o=th=e=r===<='o=m==-
modities ------------------------Customers' Lil(lbility on l . t:tterf; of
Credit and At'reptan('es __________ _ Profit and Loss ___________________ _

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

Total ---------------------- _______ $

17-1,425.22
3,904.48 10,000.00
None 2,000.00 1,000.00 8,750.00
11!l,707.73
X one X one X one
6,957.7~
X one Sone None

LL\BILITIER : Capital 8toek ----------------------$ Cavital ~otes ____________________ _
Surplus Fund --------------------rndivided Profits -----------------Heserve Funds --------------------l>ue to Ranks _____________________ _ Dividends l!npaid _________________ _ (':ashier's C'heclu; ________________ _ ('ertifieu Checks ___________ _ Demand Deposits _____________ _
Time Certificates of Deposits______ _ ~avings Deposits ------------------Lt>tters of Credit and Acecptances
exel'uted for Customers __________ _
Bills Paya!Jie --------------------Xotes and Bills Hediscountect ______ _ Other Liabilities _________________ _

25,000.00 X one
20,000.00 5,416.63 1,792.86 None 80.00 5ti2.70
Xone
131,593.57 64,69Vi0 72.604.93
None None X one
~011{'

:l2l.H3.- 21----T- ot a-I --- ------------- --- --- ----_----~------__- __- $ ~:1-21~ ,7 4~5.~ 21

STATEMENT Showing condition at the close of Business December 30, 1939, 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

RESOl:RO;s: 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 Heserve Agents ________ _
Cherks for Clearing and due from other Banks --------------------
Cash Items -----------------------Overdrafts _____ -------------------Advoance on Cotton and other Com-
modities ------------------------Customers' Li1a'bility on I~etters of
Credit a.nd Acceptances __________ _ Profit and Loss_ __________________ _
Other Resources -------------------

200,471.96
4-1,244.18 9R,067.75 33,048.30
8,97.1.44 5,587.40 4,196.01
605,139.03
None 10.00 68.81
4,558.63
None
~one
None

Total -----------------------------$ 1,004.367.51

LIABILITIES: Capital Stock ______________________$
Capital ~otes --------------------Surplus Fund ---------------------rndivided Profits -----------------RDeuseervtoe B}'aunnkdss__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
J)ivitiends Unpaid -----------------Cashier's f'hecks -----------------Certified Checks -----------------Demand Deposits _________________ Time Certificates of Deposits ______ _ Savings Deposits _________________ _
Letters of Credit and Acceptances exeeuted for Customers __________ _
Bills Payable --------------------~otes and Bills Rediscounted ______ _ Other Liabilities ------------------

50,000.00
~one
25,000.00 36,000.59 15,694.07
None 360.00 5,018.93
None 872,293.92
~one
Kone
None
~one
X one 1\one

Total -----------------------------$ 1,004.367.51

112

DEPARTMENT OF BANKING

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

STATEMENT Showing condition at the close of Business December 30, 1939, 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

RESOl:RCES: Loaus aJHl Discounts _______________ $
Statt pf neorgia and )Iun1ripal
Bonds owned --------------------\". 8. novernmcnt Securities owned __ Other Htocks and Bonds owned _____ _ Banldng House and LoL __________ _ Furnitnre and Fixtures _____________ _ Other Htal E~tate owned ___________ _
('a:sh iu Yault and .Amount due from avprort"d He:-.PrVe ~\gtnt~--------
Clll'('h~ for Clearing ;UHl due from
other Bank:- ---------------------
f'a:sh Item:-:. ----------------------OHrdraft:s ------------------------.\dnllHv on Cotton and otlwr Com-
modi tit'~ __ - __ -- __ - _-- -----------('ustomers' Liability Oil Letters of
Crl'<lit aHd ~\I'('Cptauces __________ _ Prnfit aud IJoss ____________________ _
Otht'! Hf'SO\ll't't'S -------------------

147,793.81 65,800.00 54,000.00 12,316.70 X om' 2,500.00
:ll:J,132.10
tLS!l0.60 :-.;one 8.92
1!9.37
.Xonfl :Xoue X one

LL\BILITIES : Capital Stock ---------------------$ Capital ~otes --------------------Surplus Fund -------------------rndivicled Profits -----------------Resen P Funds _----------------Due to Banks _____________________ .
Dividends Cni)aid ----------------(',ashier's Chceli:s -----------------Certified ('hp(ks -----------------DllllatHl nf'posits -----------------Time Certificates of Deposits ______ _
Savings Deposits -----------------Letters of Crpdit and ~\cecptanrps
('Xt'<'l!led for Customers __________ _
Bill~ Payable --------------------Xott~s and Bills HedisC'ounted ________
Other Liabilities _------------------

5o,ooo. 00
:lione <>O,OOO.oo 68,762.65
None 17.033.93
:lione 806.43 :lione 421,251.32 4<,706.75 204,898.26
None None None None

Total

______________ ... ___________ $ 8G 7 ,439. 34

Tot a I -----------------------------$ 85 7,459.34

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

STATEMENT Showing condition at the close of Business December 30, 1939, of the

COMMERCIAL BANK Waycross, Ga.

As called for by the Superintendent of Bank~.

L. B. HARRELL, President.
Date of Charter: 10-15-1918

J. M. NORMAN, Vice-President and Cashier.
Began Business: 10-30-1918

RESOrRCEtl: l ..oans and Discounts ________________ $ 26:J,l23.:ll

~tate of Georgia and )lun1cipal

Ronds owned -------------------(;". S. Government Securities owned __

18.982.26 345,967.14

Other ~tocks and Bonds owned_____ _

5,000.00

Banking House and Lot_ __________ _

16,800.00

Furniture and :Fixtures____________ _

4,500.00

Other Real Estate owned ___________ _

1,250.00

('ash in Yault and ..\..mount due from

approvt>d Reserve .Agents ________ _ l,O:l1,491.68

Check~ for Clearing and due from
other Bank!; --------------------Ca~h Items ----------------------Overdrafts -------------------------

5,14~.63
40.35 None

.-\d\'an<e on Cotton and other Com-
modities ------------------------Customt:>rs' Lil(lbllity on Letters of
Credit and Aereptances __________ _ Profit and Loss___________________ _

X one
X one None

Otlwr Resources -------------------

332.67

Total -----------------------------$ 1,692,633.04

!,lABILITIES : Capital Stock ----------------------$ Capital :Xotes --------------------8urvlus Fund --------------------rt~divided Profits ----------------UDeuseervteo FBunadnsks -_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_--_
llividends l:npaid ---------------- .. Cashier's Cheeks -----------------Certified Checks ------------------Demand Deposits _________________ _
Time CertificatE's of Deposits ______ _
Savings Deposits -----------------Letters of Credit and Accept.anPt>s
executed for Customers __________ _
Bills Paya.ble --------------------Xotes and Bills Rediscounted ______ _
Other Lla!Jilities ---------------- .. _

50,000.00
~one
10,000.00 54,479.33 17.733.09 50,000.00
6.000.00 15,421.94
None 982,636.51
None 506,362.17
:Sane
~one ~one ~one

Total -----------------------------$ 1,692,6~3.04

112

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

STATEMENT

Showing condition at the close of Business December 30, 1939, of the

WASHINGTON LOAN & BANKING COMPANY Washington, Ga.

As called for by the Superintendent of Banks.

" L. JOHNSON, President.
Date of Charter: 9-7-1891

F. W. THOMAS Cashier. '
Began Business: 5-1-1895

RESOCRCES: Loan~ and Di::-;counts _______________ $ Statt t~f Georgia and ~Iun~C'ipal
Bonds owned --------------------1". S. (;overnment ~erurities owned __ _ Other Stocks and Bonds owned _____ _ Banking House and LoL __________ _ Fun1iture and Fixtures ____________ _ Other Ht-'al Kstate owned ___________ _ Cash ill Yault antl Amount due from
approrf'd ResPrre ~\gtnts ________ _ ChLck~ for Cltaring and due from
otlwr Ranl\s -------------------(Chaesrhdraltlt:''tms .-;___-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
.\dr<uuv on Cotton and nther Commodi tie~ ___ - __ - ------------------
('t!stnml'r:-' Lktbilit.Y on Letters of Crt>dit and Acceptauces __________ _
Profit aud Los~c __________________ _
Otlltr Ht>snurces -------------------
Total ______________________________$

224,863.81
147,793.81 65,800.00 54,000.00 12,:316.70 X one
~.500.00
:H:l,l :l2.10
(i,8~0.60 ~one
8.92
149.37
Xotw X one X one
857,-139.31

LIABILITIES : Capital Stock ---------------------$ ('apital Xotes --------------------~urplus Fund -------------------rndivided Profits -----------------Heserve Funds -------------------Dllf' to Banks ______________________ _
Dividends rnpaid ----------------C.ashitr's Cht-C'l\s -----------------Certified Checks -----------------Dtmand Deposits _________________ _
Time Certificates of Deposits ______ _ ~avings Deposits ------------------Ldtf'rs of Crt'dit and .Acceptanct>s
eXt'('Uied for Customers __________ _
Bills Pa~Yable --------------------Xotes and Bills Rediscounted ______ ..
Other Liahilitic" ------------------

50,000.00
;_,o,oo:Xo.oonoe
68,762.65 None
17.033.93 :X one
806.43 :X one 421,251.32 44,706.75 204,898.26
X one X one :X one X one

Total -----------------------------$ 857,459.34

STATEMENT Showing condition at the close of Business December 30, 1939, of the
COMMERCIAL BANK Waycross, Ga.

As called for by the Superintendent of Banks.

L. B. HARRELL, President.
Date of Charter: 10-15-1918

J. M. NORMAN, Vice-President and Cashier.
Began Business: 10-30-1918

I!ESOl"R<'EH: Loan~ and Discounts _______________ $ 263, 12a.:n

~talL of Georgia and ::\lunicipal Bonds owned --------------------
L"". S. Government Securities owned __

18.982.26 345,9!>1.14

Other ~tocks and Bonds owned _____ _ Banking House and Lot_ __________ _

5,000.00 16,800.00

Furniture and Fixtures____________ _

4,500.00

Other Real Estate O\\'ned ___________ _

1,250.00

('ash in Yault and Amount due from approved Reserve Agents ________ _ 1,031,491.68

Che<'ks for Clearing and due from
other Banks --------------------('ash Items ----------------------Overdr-afts ------------------------AdvaiH't' on Cotton and other Com-
modities ------------------------Customt>rs' Li.ability on Lt>tters of
Credit and Acceptances __________ _ Profit and Loss___________________ _

5,143.63 40.35
Xone
X one
X one X one

Othtr Resources -------------------

332.67

Total -----------------------------$ 1,692.633.04

LIABILITIES: Capital Stock ----------------------$ Capital :'\otes --------------------Surplus Fund --------------------rnclivitled Profits ----------------RDeuseervteo FBunadnsks _-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_ Dividends L'"npaid ________________ _ Cashier's Checks _________________ _
<'ertifled Cheeks _ Demand Deposits ~~~~~~~~~~~~~~~~~~ Time Certificates of Deposits ____ ~--
Savings Deposits -----------------Letters of Credit and Acceptanct:~
executed for CnHtomers __________ _
Bills Paya.ble --------------------Xotes and Bills Hediscounted ______ _
Other Liabllittes ------------------

50,000.00
~one
10,000.00 54,479.33 17,733.09 50,000.00
6,000.00 15,421.94
None 982,636.51
None 506,362.17
~one
~one
X one :X one

Total -----------------------------$ 1.692.633.04

TWENTIETH ANNUAL REPORT

ll:l

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

STATEMENT Showing condition at the close of Businc~~ Detcmhcr 30. 1939, of tht

BANK OF WAYNESBORO Waynesboro, Ga.

As called for by the Superintendent of Bank~.

c W. SKINNER, JR.,

President.

-Date of Charter: 12-16-1890 RESOURCES: ns and Discounts _____________ -_$ ~f:te of (~corgia ant.l )lunirip<il

C

Bosn. dC~ ,ovocwrnnemden

t

------------ -------Hcenrities O\\'ttl'd

_

Other Stocks and Bonrls nwtwrL ---.

Banking House and LoL __ ------

Furniture and "Fixtures ________

Other Real E~tate O\vned ---rash in Vault and ~\mount dut fl'ont

8 pprov~d Hespr:c Ag-Pnt s __ ('becks for Clearmg at1d d11e f1om

other Banks _________ - -----------

Cal'lh Items ----------0\'erdrafts -----------------~dranre on rotton and ot IHr Com-
. modlties ------------------customers' Liahilit~ Oil T..v1tll'~ of
Credit and AcceJ1tanc(_~----. Profit and Loss __________.__________ _

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

Total

---- ------------ --- ___ $

170,4nll.SD
Xmw
~one ~one ~one
:i,:J2-1.40 1x.:l69.91
:;n.sg:;_so
X one X one
~one
Xont>
XonP
~OJH'
1:1.0011.011
24 j .24 7.0:3

F. l\i. SKINNER, Cashier.
Began Business: 1891

LL\BIL!TIES: Capital Stock ______________________ $ Capital Xot<>.-; ________________ _
~urplw; Fund ---------------------Cndivide(l Profits ------------------Heservt> F11nc1s ___________________ _ Jlue to Ranks ______________________ _
DividPJH1S rnpaid --('a~hier's Clwrks ____________ _
-----------=-=== CC'rtifird Chf'cks ------------
THitmmeanCd erDtiefpicoastietss _o_f D('lHlsits ______ _ ~aving:s J)cposits -----------------Lptters of f'rP<lit and .\CI't'}ltancps
f'Xt'l'llt(d for ( u~tomei~-- __ _ Hill.-; Pa:n1ble _______________ _ ____ _
2\ot<s a11d Bills Itldisi'OUlltcd ______ _ Ot!wr Liabilities

:JO.OOO.OO
~0.000.00
X one 27:t9:'i
XonP XonP :Xonr
-1.~g:>.77
;\oue 9S,7i9.9l
r..ooo.oo
:.:u~97 .:n
~nne
1.;.ooo.oo
X one X nne

Tu1al

STATEMENT Showing condition at the close of Business Deetmbtr :~0. 1939. of tlw

CITIZENS BANK & TRUST CO. West Point, Ga.

As called for by the Superintendent of Banks.

WILLIS JOHNSON, President.
Date of Charter: 2-17-1917

H. C. SAPP, Cashier.
Began Business: 3-17-1917

1\ESOl.'HCES: Loans ~1nd Discounts--~-------_ __$ State of Georgia and ::\Iunidpal
Bonds owned _______________ _
U. S. GovernmPnt Recuritit>~ owtwd __ _ Other Storks and Ronds ownc>d __ Banking House l{ll1rt r~oL __________ _ Furniture and :Fixtures ____________ _ Other Real Estate ownrd___________ _ Cash in Vault and Amount dut:> from
approved Reserve .\l!ent~-------- Checks for Clearinl! and dw hom
other Banks _________________ _
Cash Items ---------------------Overd"afts _________ _____ ______ _
Advlance on rottOil alld otlwr ('om-
modities --------------- ---------Customers' J,i.ahilit~ oll Lttter~ of
Credit and Acce]JbtiH'PS.____ . ___ _ Profit and Loss____________________ _ Other Resources ____ .. _____________ _

730,42().1:)
:;2,000.00 191,900.00
~Ollt'
X one 10.000.00 21,501.72
90~,772.80
1,393.4.j X one :Kone
None
Xonp
~onP
879.05

Total --------------------------- __ $ I.H:H ,R75.17

LJ.\BILIT!E~:

Capital ~tock

___ $ JOfi,OOO.OO

Capital Xntt~

~011('

~III'lllus Fttnd

40.000.00

rru1ividtd Profits _____ _

1:).274.62

Hcserve F'uncls _______ _ llue to Banks _____ _

6.2:>0.40
Xone

))iyidends rnpaid

4,000.00

Cashit>r's Clwcks

2.1.00

('prtifierl ClHcks

270.00

Thmanil J)pposits

l,Oll7,HR.36

Timl' CPrtificates of ])(posit~---- __ _

~011{'

~avin).!S llcposits

----------------- <l71l,306.79

T.rtttrs of Credit nnd #\cccptances PxecutPcl for Customer.-; __________ _
Hills Payahlt> ____________________ _

X nne Xonr

2\otf'.'-l ~llHI Rills Hedi~H'II\IIltl'd __ -~--01hcr J.iaUilities __

~one
Xone

Total

________ $ u:n.R75.17

114

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of Busin<>ss Deeemlwr 30, 1939, of

THE PEOPLES BANK Winder, Ga.

As called for by the Superintendent of Banks.

C. 0. MADDOX, President.
Date of Charter: 10-20-1926

E. V.POOL
Cashier. ' Began Business: 10-30-1926

m:sorRcEs: Loans anct Dist'OIInts _______________$
:-ltatl' of (;eorgia a!ld }funicinal Bond.~ owned -------------------
r. :-:.. Corernment ~eruritiPS 0\Yll('(L_
Other Storks and Bonds OWilC'tL ____ _ Ranking House and I~oL __________ _ Furniture 'and l'ixturPs ____________ _ Otlwr H~.:al F.l)tatc owned __________ _
Cash in Vault and Amount due from appron'd Heserve .\gents ________ _
Checks for Clt>aring and dur from
otht.r Banl\s ---------------------
Cash Ttt>m::> -----------------------Orerdrafts ----------- ____ _ _\dH1l1('L' Oil Cotton alld other Com-
moditic~ ------~--- ______________ _
('ustolllt>rs' Li,a bilit~ on LLtters of Credit and .\creptanccs __________ _
Profit and I..oss ___________________ _ Other Ht>sourtes __________________ _

Total

_____________ $

2:J:i,731.01
6,300.00 1,000.00 1,000.00 H.400.00 2,02.).00 i .200.00
'2,::::1x.;;o X one X one
X one X one Xmte
72:~.267.77

LIABILITIES : <'<lPital ,;toek ______________ -------$ Capital Xotcs ____________________ _
Surplu" Fund --------------------l~ndiYidecl Profits -----------------Hescrn Funds --------------------0He to Ranlu.; ______________ .. _______ _
DiYictf'lHls rn}Jaid ------------------Casl1ier's f'he('l\:S _---------------- __ t'trtifipd ('lwrl;..,..::, ________________ _
Jlernand ])epo.c;its ------------- __ _ Time Ccrtificatls of Di..'pOsits ______ _ ~ayings Dt'posib _________________ _
Ll'tters nf Credit and .\<'t'l'ptancps L'Xf'<'llted for Custflmer:-; __________ _
Hills Pa_,a!Jlc -------------------- _ Xotcs and Hill:;; Hl'dis('nnnted _______ _ Other Liabilities ________________ _

25,000.00 :-ione
20,000.00 5.000.00 4.949.25
~one
2.500.00 1.348.62
2.00
::i/.),7~9.29
2.970.20 S5,708.4!
X one X one :-ione X one

Total .. -------- ,__ .. -.--------- ______ $ 72:3,267.77

STATEMENT Showing condition at the close of Business December 30, 1939, of

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: 10-1902

HESOT:RCES: Loan:; and Discount~---------------$ ~tate of (iporgia and .:\Iuniripal
Bonds owned -------------------
r. S. <:overnmPnt Seruritif'~ owned __
Otller Htork.::; and Bonds owned _____ _ Ranking House and J.. ot_ __________ _ Ftlrniturp and Fixtures ____________ _ Otlwr Heal Estate owrwcL __________ _
Cash in Yault and Amount due from <IPJlrnrrd Reserve Agents ________ _
C'heeh:s for Clearing and due from otlwr Banks ---------------------
Cash Items -----------------------Overdrafts ____________ -------------
_.\UYanre on Cotton and other Com-
nwdities ------------------------Customers' Li,ahility on !..-etters of
Credit anrl Arl'L'Ptances __________ _ Profit and I~oss ___________________ _ Ot11er Resourees __________________ _
Total _____________________________$

u:J,9ll.:!2
21,80.22 14,800.00
;J,,11X. i5 None
2,460.00 7,812.87
118,212.09
1,961.31 3fH.7l
4,8:!7.61
13,653.11
X one X one ll:i.-14
299,439.4:1

LL\RILITH:S: Capital :Stork ______________________ $

Capital Xotl'S _______ -------------

:-;urplus Fund ---------------------

rndivided Profits -----------------

Hnucescrrtoe

Funds -------------------Banli:s _____________________ _

THvidend~ lTnpaid . _______________ _ Cashier's f'hccli:s ________________ _

(\rtified Checks ----------- _____ .
Vcmand J)eposits ___ --------------Time Certificates of Deposits ______ _
~avings Deposits -----------------Letters of Credit and ..:\c(t_pt.ances
t'Xecuted for Customers _____,_____ _

Bills Payable --------------------Sates nnd Hill~ RedisrouHted ______ _

Otht'r J..iahilities -------------------

23,000.00
~one
7,000.00 7 .274,;)6 4,500.00
X one X one 3,076.87 None IX0,580.10 72,007.90
~one
X one X one X one X one

Total _____________________________ $ 299,439.43

TWENTIETH ANNUAL REPORT

115

STATEMENT Showing condition at the close of Business Decemb..r 30, 1939, of the

WOODLAND BANK Woodland, Ga,

As called for by the Superintendent of Bank,-,

J H. WOODALL, President.
Date of Charter: 11-18-1907

______-------,-u.-;~--o-~--n-<-.E--~-,----------

L~Ot:t1e15

and of

Dbco1mts --~-----------~ (;eorg;ia and J.Iunil'ipal

~ Bonds o\nll'd --------------------
r. S. (~overnment ~C('Ill'ities 0\YllPlL_

Other Stocks and Runds OWiletL ____ _

sanking Honse <~n(l LnL ___________ _

Furniture at~d F1xtut c:-; ____________ _

Other Heal Estate O\\ncd ____________ _

":\onp
.).100.00 X one
1.700.00 00.011
.t,:~77.0H

('ash in Yault and .._\mmtlit clue from appronll HeserVL' .\~ents _________ _

li1,27:-LJS

Che('kS for ('ltaring and due from

other Banks -------------------C.ash Item:-; ------------------------

X one :1t\t3.!J:-I

onrdrafts ---------------- -------Admncc on ('otton and other Com-

Xont'

modities ----------------- -"------customers' Lhthilit:v on L('ttcrs of
Credit and _\rceptances__________

~o11e

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

.:\onL

Other Resources ------------------- - - - - - -X-nnl'
Total -------------- -------------- _~ 10 7,61 ~. ~ !l

l\1. H. KING, Cashier. Began Bu8iness: 11-25-1907

LL\JliLITJE:-;: (';qdtal ~tock ___________________ $

('apital ~otL ..; ----------------------

:-;urpllls -Fun(l

_---------

1-ndiYided Profits _____ -----------

He~PI'H' Fulids ____________________ _

J)ue to Hanks _____________________ _

Hivi(ll'tHls lnpaid _________________ _

Cashier':-; Checks

____________ _

('ertifiLd Checks ------------------
l)emand lkposits . ----------------TilllL' ('t>rtificatl':-l of Th'Jiosits ______ _
~i!Yings l)L']lO.'dts -----------------Letters (If Credit awl ,\('('LpL_llll'l'S
{'Xt"('Utld for CustomL'J'::-. ____________ Bills Payal>k ____________________ _

:\-o1L'S and Bills l{(di.woumed ______ _ Otlwr Liabilities __ _

1.!,000.00 XonL'
lZ.OOO.liO J ,.):Jl.li2
~OllP ~one
:57 .liO :l7 .00
Xmw
(i;),~l:~2 ..)0
13.040.57
~Olll'
~Ol]{>
X one Xonp Xonp

Tntal

______ $ 107 ,619.2f!

STATEMENT Showing ('ondition at the close of Business December 30, 1939, of the

BANK OF WOODSTOCK Woodstock, Ga.
As called for by the Sup..rintendent of Banks.

J. H. JOHNSTON, President.
Date of Charter: 10-10-1905

S. L. JOHNSTON, Cashier.
Began Business: 11-13-1905

REi:lOI'I\CES: Loans and Diseounts_~-------------$ State of (;eorgia and -:\fllnkil)al
Bonds owned __________________ _
U. 8. Government Rccurities owned __ Other Stocks and Bonds owucd _____ _ Banking House and LoL __________ _ Furniture and Fixtures ____________ _ Other Real Estate owned ___________ _ Cash in Vault and Amount due from
approved Hcserve Ag-ents ________ _ Checks for Clearing :md due from
other Ba_nks __: _________________ _
Cash Items ----------------------Overdrafts ________________ --------Advanct> on Cotton and other Com-
modities ------------------------Customers' l~iability on J.dtcr~ of
rredit and _\cceptances __________ _ Profit and Loss___________________ _
Other Resources -------------------
Total --------------------------- __$

7,t>:JL41 H,U,l:l.7:J
X one
:J,2~lH,lG
1,000,00
~.9g3.7;)
;,o ,797.:::o
l:J,OOO.OO );one ::\one
X01!C
.X one :\one .X o n e
1:31 ,226.Jfl

J,L\HILIT!ER:

C.apital Htock

______________ $

Cavital XotP:-> ____________________ _

Surplus -Fund --------------------Lndividcd Profits -----------------DReuseervtoe HFannnkdss__-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Divi<lends l'npaid _________________ _

Cashipr':-; Checks ------------------<'ertifipd ('hcrl\s -----------------lh'mand De Do sits __________________ _

Time Certificates of Heposits ______ _

Havings Deposits -----------------I. etter:-; of Credit aild Acrcptanees
(')..ecutecl for Custnm(~rs __________ _

Bills Payable --------------------Sotef-i and Bills Rrdiscouuted ______ _

OthLr l ..iahilities ------------------

23,000.00 X one
5,0011.00 2,;)2.'5.61
X one X one :XOllP
~.50
X one no,45L87 14,23H.61
X one
i'<rone X one X one :X nne

Total -------------------- _________ $ 1~7 ,226.G9

llG

DEPARTMENT OF BANKING

STATEMENT Showing ondition at the close of Busine~s Dec<'mlwr 30, 1939, of tht

BANK OF WRIGHTSVILLE Wrightsville, Ga.

As called for by the Superintend.,nt of Bank,.

R. L. KENT, President.
Date of Charter: 2-16-1897

HE,;Ol-HCE~:
Loans aJtd Discounts ___ ~----- ______ !f:
~tatt of (;eorgia and ::\funicipal BoJJd~ O\\lled __________________ _
l~. ~- (:oHrrJmeut Recurities tlWlltd_ Otlwr ~totk:; an(l Bonds OWllt.tL ____ _ Ranking House a11d Lot ________ _ Fttrnitun' and }'ixtures ____________ _ Otlifr Htal :Estate ownNL __ _ Cash. in Vault and Amount dill' from
a],prond 1\(~Pl'YC' \)l."ent:-; _________ _ Clw('k-., for Clearin~~: and dllt.' fntm
otlwr Bank.-; _________ _ ('!l~h Item:-; _________ _ Onrdrafh ___________ _
.\thaiH't: o1: ('ottnn and nthtr <'nlllmodities __________ _
('ustonwrs' LiahilitY on Lt'ttcr~ ot Cndit and ..\f'('eJ;taiWt~ _
l'rofit aud Lo~~-----Othn He"ourcps ____ _
Total

JO:Llt\l.ti.~.;
Xont 1110.011
Xont>
~.1100.011
:;o11.011
~.11011.110
1i .i.i~X.!!-l
i.~tiO.ii Xollt'
~.:n.i. ti
X out
~Oilt'
X1111e

H. T. JOHNSON Cashier. '

Began Business: 2-16-1897

LL\BILITIES :

('apital Htock __ ----------------- __ $

Capital Xotes ----------------~urplus Fund -----------------l.ndividt>d Profits
Ht>sLrn:> Funds _____ _ DuL to Banks _______________________

Dividends rnnaid . _______ _

Cashier's Cheeks __ ___________ .

Certifitd Cheeks

__________ _

Dt>ntand nevosits ____________ _

TimL' C(rtifi<'atcs of J)pposit~L- ____ Savin~:-; lkposits __________________ _

Ltthrs of Crrdit and .\cnptall!'C" t'Xe('Uted for Customtr-.; _______ _
Hills l'<nabh _

.\'otps and Hills Ht>discnttnted Othl'l' l . iahilitits __

-------~.i.Ooo.oo -1- ,00N0o.0n0e ~.~oo.oo -.ooo.oo None :-ion 1.692.81 Xone ~0!.295.41 :l~.5~7_jj :Xonl'
Xone X one :-ion X one

-$ :w 1.075.99

STATE!VIEN';' Showin~ <'tmdition at the close of Bu,int>" Deeember 30, 1939. of tht

EXHANGE BANK OF WRH;HTSVILLE Wright8ville, Ga.

A ealled for by the Superinhrult>nl of Bank,.

P. B. BEDINGFIELD, President.
Date of Charter: 12-20-1909

E. E. DALEY, Cashier.
Began Business: 12-20-1909

RESOT:RCES:
1,11an~ and Ui~wmmts _______ ~--
~tate ()f (;eorgia and :\fnnit'ipal Bond~ owned ___________________ _
r. H. \~OH'I'Illllf'llt Recurities owned_
Othlr Stnd>s and Bond" owned _____ _ Banking I-I oust> and Lot--------- .. Furuiturt> and Fixtures ________________
Otlwr H{al Estatp owned------ __ Casll in Yault and .\mount cll!P from
approYf'd Hes{'r\'{' ~\gents ________ _
C'lucks for Ckaring- and dill' fro111 other Banks ------------- ______ _
Ca'>h lttnt~ ________ ------ _______ _
thvrdrafts ---- ____________ _
.\llratHT nn f'otton and othvr ('ommoditits ------ ___ _
t'll ..:,tlmtr< Liahility on LlIIL'l'S (Jf <'rtdit and AC'cept<uHes_
Profit and LO:'IS OthPr HPsnunps

1 :!fi.f\X~.HO
~.!q:ulll !).H:!:-1.00
1,!)7.1.17 :1.0011.00
1.00
"XOllt'
j ,0\l,).:!.) 12:l.l0 7l.2(i
1!l, 1~0.11
.:XOllL
X nne Xont

LI.\BILITIES: Capital Sto{'k ____________________ _

Capital XotP~ ----- ___________ _

f-:.urplus FtllHl __

_ ______________ _

Cndirided Profits ___

__________ _

Hesene Fond:-; __ _

Our to Banks ___ _

])ivicltrHl~ lnpaid

('ashier's Che('ks

CC'rtifil'd ('hc('li:s _

Demand l>eposits _

Tinll' (\rtifieatPs of Ihpnsib

Savings Ikposits _

LettPrs of Cnflit and .\('('('Jll a lH't',"
executed for <'ustumt'r~-Hills Pa va hlc ______ _

XotPs at;d Bills Redb!'flltlltfd_

Other Liabilitil's

Total

Total

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

:t>.OOO.OO X om
1.>.000.00
111.17.H~
175.:i2 X one
XOIH'
U6j X on~ l.Jii,!OUI :20.20l.fili X one
Xollt' X one Xoue
)\Oill'

T\"\ E)J"TIETH ANNUAL REPORT

117

S T A T E !VIE N T Showing condition at the cloe of Buine'' Dectmlwr 30, 1939, of

THE BANK OF ZEBl.LON Zebulon, Ga.

As called for by the Suptrintendtnt of Hank~.

c R. GWYN, President.
Date of Charter: 3-18-1905
R~;SOC!lfE>':
J~oll.llS and J)i~~'OUfltS _________ _ 't tt' of (;eorgia and .:\[ml'icipal
~ ~orub owned ___ -----------------
r. s. (~ort>!'I1DH.'Ilt ~L'cnritie~ owned __
Other ~toe!.::~ anr1 Bonds O\HH-'(L ____ _ Banking HousL and Lot_ ___________ _ f'urniture ,1 nd Ftxtures_ Other Jkal Est,ate owne<L._____ .____ .cash in Yault and Amount due from
8 pprored RL':-;ern"' Agents ___ _ ('flecks fnr ('h;tring: and rlue frnm
othrr Rank:-; --------------rash Item:-: ----onrdraft" ------------------,\dralH'l' nil Cottou aurl other Com moditil':-; ---------rustonwr< Liability on LPttLr., 11f
fredit and .:\eecvtanres________ _ Profit and I.o:o:.s ______________ _
Other HesflllfCt':". ----------

1:-\ !~ 'ti :i fi.:) 1
~ .o~:~.:~.;
11,000.00 :'\Ollt'
::,000.110 2,100.011
H~f).X.i
i0.7:)i,02
Xotll'
~:!2.-ll
.)~ 1. j l
Xnlll'
XOill'
X out
-!Ill.~~

C. R. GWY.:-.f, Cashier.

Began Business: 1-31-1905

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

Capit.al :-:.t(JI'k

Ll.\ll!LITIES: ____________ _

('ctpital Xotl':->

_____________ _

~llt'llltls Fund

____________ _

l~ndhidcd Prt)fits ____________ _

HhH'rn Funds ______ --------- _____ _ Dltl' to Banks_ .. _________________ _

I>ividt!id:-> l'npaid

___ --------

<'a:-~llier'~ f'hecks _____________________ _

2.),000.00 X one
'i.OOO.OO JO,:i30.19
1, 708.1G
~Olll'
Xnnf
4~4.~::

('prtifild ('!H.I'l\s l)t>mand Oepnsit....,

-------- .. --- _
_____________ _

Time ('ertifil'atl'"' ot' Deposits __ .. ___ _

~a vin~.::s I )l'JWsib

Ltthr:-~ 11t' t'rl'dit :llld .\l'l'l'JltatH'l':-i

l'Xl'l'ltlt'd t'or ( 'll"tollll'!':-. __ _

Bills I'a.\ .t hit>

.'\utcs ;tnd Bilh Ht>dL"'I'Oitlltl'fL ______ _

Otht. r LLthilith-..;

XOlll' 12.), j 12.0:1
2G,:ll l.R9
~6.:1:~3.-t.i
:\Olll' Xollt'
Xorw XnnL

Total

__ $

Tutnl