Thirty-second annual report [1951]

Metadata
Text

Collection:: Georgia Government Publications
Serial:: Annual report / State of Georgia, Department of Banking and Finance.
Title:: Thirty-second annual report [1951]
Creator:: Georgia. Department of Banking
Contributor to Resource:: Georgia. Department of Banking
Publisher:: Atlanta, Ga. : Georgia. Department of Banking
Date of Original:: 1951
Subject:: Georgia
Location:: United States, Georgia, 32.75042, -83.50018
Medium:: publications (documents)
Type:: Text
Format:: application/pdf
Description:: Began with: 1972.
Title appeared on spine of print version only, 1998. From some providers, other issues digitized from the print may also be missing title source.
Use copy Restrictions unspecified star MiAaHDL
Numbering dropped, <1998->
Report year ends December 31.
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2015. MiAaHDL
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
Description based on print version record.
Latest issue consulted: 2018 (publisher's Web site, viewed June 15, 2020).
External Identifiers:: Call Number GA B100 .A1 1951
Metadata URL:: https://dlg.galileo.usg.edu/id:dlg_ggpd_y-ga-bb100-b-pa1-b1951
Digital Object URL:: https://dlg.galileo.usg.edu/do:dlg_ggpd_y-ga-bb100-b-pa1-b1951
Language:: eng
Holding Institution:: University of Georgia. Map and Government Information Library
Rights:

STATE OF GEORGIA
CREATED BY ACT APPROVED AUGUST 16, 1919
YEAR ENDING DECEMBER 31, 1951
DEPARTMENT ESTABLISHED An Act to create the Department of Banking of the State of Georgia, to provide for the incorporation and regulation of Banks and penalties for violations of the Law, defining duties of the Superintendent of Banks, and for other purposes, \Vas enacted by the Legislature in 1919, approved by the Governor August 16, 1919, and effective January 1, 1920. This Act has been amended from time to time, through the sessions of the General Assembly, all of which amendments are contained in the Banking Act published by the Department of Banking.
A. P. PERSONS, Superintendent of Banks
!IOWl:;N PHESS, I-:'\C., DJ.CATUR, GA.

THIRTY-SECOND ANNUAL REPORT

III

DEPARTMENT OF BANIONG
STATE OF GEORGIA ATLANTA

To His Excellency,

December 31, l 951.

Honorable Herman E. Talmadge

Governor of Georgia,

Atlanta, Georgia.

As required in Sections 15 and 16 of Article 2 of the Banking Law, I have the honor to submit herewith, this, the 32nd Annual Report of the Department of Banking for the year ending December 31. l 951.

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 1951.
3. Exhibits "C" through "K", covering applications relative to charter amendments, charter renewals, etc.
4. Exhibit "L", a list of banks in voluntary liquidation.
5. Exhibit "M", a list of branch banks now in operation.
6. Exhibit "N", a condensed statement showing the disposition of banks during the year l 951.

7. Exhibit "0", a list of banks that are members of the Federal Reserve System.

8. Exhibit "P", a list of Small Loan Companies under the supervision of the Superintendent of Banks during the year 1951, and Exhibit "Q", a list of Credit Unions as of December 31, 1951.

IV

----- DEPARTMEl'\T OF BANKIJ'\G
9. Exhibit "R"/ abstract of reports showing con.dition

1S of 296 banks and 15 branches as of December 31, 1951
with a comparative statement of 291 banks and

branches as of December 31, 1950.

10. Exhibit "S", Classification o Banks by Capi+alization as of December 31, 1951.

ll. Exhibit //T", legal holidays.

12. Exhibit "U", Superintendents of Banks, Department of Banking, State of Georgia/ from 1919 to dJte.

In addition to the information as reflected in the exhibits referred to above, the report contains the detailed published statement of each bank as of December 31 1951. This statement gives an itemized report cf th~ 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/ A. P. PERSONS,
Superintendent of Banks

THIRTY-SECOND ANNUAL REPORT

v
Exhibit "A"

Department of Banking, State of Georgia

DECE~IBER 31, 1951

A. P. PERSONS, Sl(perintendent of Banks 0. G. JACKSOX, Assistant Su)Jcrintendent of Banks

Xan1c uud Address

EX.U1INERS

Solaru

B. G. Akins, Chula __________________________________ . _______ S ::!'10.00

B. T. Brook,, DecatuL ________ _

:340.00

J. B. Brown, Vidalia ________________________ ---------------- 420.00

Roger Dodd. Atlanta ______ _

:J40.00

Waltel' A. Eaves, Ea~t Point A. T. Flowers, Sylvcstn _________ _

:140.00
:~40.00

B. F. Hnndon, Dublin ________ _

-JOO.OO

W. }I. .Jackson, Atlanta ___________ _ Chal'les T. Lode1, StocldJricl"e __ _ 1. ::\I. SbuT, .Jr., Lithonia ___ _

-120.00
.wo.ou
420.\lfi

CHEDlT uNIOl\S \Y. C. Tlwmpson, Decatu1 __________ _

>; lilO.OO

OFFICE ASSIST A:-ns 1\Ir;:. D. L Blanton, Principal StenographeL __ _ Jean Ethridge, Intermediate Typist_ _____________ _ i\Iattir! Hughes, Intennediate Typist_ ____________ _ l\Ir:::. Eve~rn Jone:::, Principal Accounting; Clel'1-::_

.$ 2\JO.OO
2lii.OO 2l:J.UU 2!10.00

Looney .-\mold, Porter__________________________ ---------------$ 133.00

Vl

----------- DEPARTME:--;T OF IL'I.NK!~C;

Exhibil "lt'o

Department of Banking, State of Georgia

RECEIPTS

Balance .Jantlary 1, 1D51 ________________________ S ~~i)().Gt'

Received hom AppropJiation _________________ }(i,),-111.:2!i

~\lj sce1laneons lncntne __ _ __ _ __ ___ __ __ _ __ _ __ ___ __ _ _

>ili ..7:1

DISBURSEl\1E:\'TS

Superintendent's Sala1y_________________ .. ___ S 7))011.00

A:o;sistant Superintendent's Salary __________ _ fi,:)/(i.OO

Examiner's Salaries _______________________ _ 4G,70D.OU

Office Assistant's Salaries _________________ _ 11.:n1.00

T1aveling Expenses ------------------------ 24.17D.48

Supplies and i\Tate1ial ----------------------

G2l.R8

Communication ___________________________ _ J,r;:_{/'.!'~

Printing and Publicity ______________________ _ 2,:l:'38AO

Ecpairs and Altcration:'-------------------Insurance and bonding _____________________ _
Equipment _______________________________ _

1~8.:H~
,120.30 1.1411.\J:l

Pen~ons ---------------------------------- 2,R2~i.2S

1\Iiscellaneous ----------------------------- _ 147.80

~105,0~~.35
---- Balance December 31, 1051_ ___________________ -------------$ 1,435.24

THmTY-SECOND A:\NUAL REPOnT
~----------------

YII

APPLICATIO~lS FOR CHARTER API'HOVED

LOCATIO~;

APFJWYEll

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

k of Banow _______________________________ ! "~Xindc'L ____ -------

~- li-1:'.)1

~TBalh~~Cli~fti~zU=ep;ps;,o~Sn_ta=t=e=B==an=k=_=_=_=__=_=_~__=_=_=____=_-_=__~_;_!1.

Alma________________

l- ~-l!l:il

AT!h~oamnats<to~n~_~~-=~ ~~ ~~~-!l-1;:-21~1-1~~~-!51'~-

Al'l'LICATIONS FOR CHAHTEH DISAPPROVED

Exhibit D''

F-_-a_-r_n-_e-_r-_s-__&-N_-A_l-\1M_-eE-_1-_O--eF_-'ha-nBt-sA-KB-Ka-n-k-_-_-_-_-_-_-_---------i, --}-Io-~--;-!'-LL;O-Ci-eA-_:T-~I--O--:~-!-_-_-_-_-_--,,-D-IS-1A--1P-5P--I-iW\-I\G-"E-l-I-----

1
Slash Pine State Bank_-----------

I HomeJville _______ . __ , 10-1\1-l!lfil

Dorsey State Bank_ __ -----------

I Abbeville___________

10-2G-1D51

APPROVAL OF RENEWAL OF CHARTER

Exhibit "E"

NAME IJF BANK

! LOCATIO:" I DATF, OF CIL\RTI<;R

APPROVED

____ Bank of Thomson ________________ -~j-Tiwmson ____ ,l___ 7~io-i8!ll

---.S--1-7-19:31--

Bank of CommcTcc _______________ l Amelicus___

10-13-18\Jl

G-21-lflfil

The Washington Loan &

I

I

----1 Banking Company______________ \Vashing:ton_j

Bank of Rockdale ____________

Conyers_ ____ !

State Bank of Cochran ____________ Coclnan _____ l

0- 7-18Dl J O-J 5-18Dl
1~-2:2-Hl21

7-30-19iil 8- n-1D51 B-24-1951

Hardwick Bank & Trust Co------11 Dalton______

2-l'i'-l!l22

12-27 -HI 51

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

PERMITS TO BEGIN BUSINESS

Exhibit ''F"

BA~~--- ______N_T_A_ME OF

______ ,

LocATION

j_BEG.\"" Bu_si~_JC-~

Citizens State BanL _________________ J-Warner Robins ________ i,

The Citizens Bank of Toccoa ___________ ! Toc-coa ________________ I

'! The Bank of Ban-ow _________________ _[ \Vinde1__________________

The Citizens & Southern Emory Bank ____ Citizens State Bank____________________

Emory L'niversity_____ Alma ___________________

l

Bank of Upson ________________________ \ Thomaston_____________

1- 2-1D51 :l-lG-lPGl
:~-17-19.'il
4.-16-1951 5- 1-J!liil 10- 1-1951

Exhibit "G"

PERl'\llT TO ENTER VOUJNTARY UQl1IDATION

1\A:IIE OF BAl'\K

I -

-

-

-

,

-

-

-

-

-L-O-C.-\T-!-O~-;-

-

-

-

-

-

-

-

-

-

-------
,\.!'l'RO\TD

-

-

-

T:-h-e_F_a_r_m_e_l-.s-Bank ____________________ \ Blythe _________ -- __ - _[

l-2:::-HJ51

VIII

DEPARTMENT OF BANKING

APPLICATIONS TO CHANGE NAME

Exllibit "H"

--~~~t:__.(}_:_lc)~:~.~---~---~io_c~'I'IO_::'l______'I

.

~

To BE l\.C\OWK AS 'APPROVED

J The Peachttee Tnu<t Co, ___

fThe Peachtree Bank & - -

The Peachtree Bank &

i
\

Atlanta ___________: Trust Company~-- ____ : !The Citizens & Southerni

:2-

r;_ 1Gv.1

Tru~.t Company_ --------- Atlanta ___________ I Buckhead Bank _______ ; 10- 4-!(!

1

51

-~

Al'l'ROVAL OF SURRENDER OF CIIARTEH

E:.:llibit "J" APPHOVAL OF .\PPLICATIO" FOR THLST I'OWEHS

:\AME OF BA;-;-K

LOCATION

I
1 D.-\n: oF APPR(>L\L

The LaGrange Banking CompanY------.1 LaGrange ____________ -\

APPLIC.\TIOI\S TO INCREASE CAPITAL STOCK APPROVED

NAME OF BA'\K

LOCATIO:\

I ! APPROVED

AMOUNT OF INCREASE

I _B~;ll-;;;;hC;;-t;~tv

Bank. _______ :

-State:boro=~-=--:rI:t=22-i'il51

'
:

-$so,ooo.oot~$-i.oo,ooo.oo

u D arb y n~anl nng C.o., 1!H:, _____ I .V..ll<l1l' a________ f ,~,- -1o"h"11 I1 '~'D", 00() .00 to .~1)(,000.00

E l 1 1 The Bank of LaFaYette ______ LaFayette ______ , 2-2ti-1\J51 1 50,000.00 to 100,000.00

~otut~ ,SiBde A_tlant.~ Bank_ ___ Ac:tlatnta ________ ~-2~-1 ;i~1 1 50,000.00 to 100,000.00

. o,,a,l an,1_______________

an on _____ .___

, _ ~- ,_,,

1

50,000.00 to

100,000.0U

The Rowe Banking Co. ______ Comer_________ 1 5- S-Ul51 i 15,000.00 to 2:1,000.00
G,ranite City Bank_ _________ 1l Elbe1tonc------i 8-2:3-1~151 I 50,000.00 tu 100,000.00

l armers Bank____________ --~ Locust Grovc __ i D-'24-Hl51 15,000.00 to :10,000.00

t'_',_Jt_tt_l_le_l_n_S_a_v_in_g_s_J_J_::__n_k_..___=-~tl_a_nt_a_____~_-_-_-_-!_l~f_l-_1_9~-'- 50~:100.00 to 100,000.00

BANKS IN VOLUNTARY LIQUIDATION December 31, 19:!1

Exhibit ''L"

.-'\tiHnta TnJ:-:.t C\nnpan~, __,,L,'l'':hant...; T1-u~t t 'on1pany
Hank. of Stathatn
:\"wn::Jn llank & Tn1st Co. C'itii:L~n~ Bank .\n.1~>rican SaYing;-; Dank

LOCATIO:\
.'\tian ta V::Jldm;ta Statham
~ewnan
Tallapoosa , .\tlanta

DATE
December 11. 1929 Jaialary :30, l!J:ll
December :a, 1931
;}fay 11, 1D:l:2 -:\larch 14. 1[1;~8 .January 1:;, 1950

THIRTY-SECOND ANNUAL REPORT

IX

BRAl\'CH BANKS AS Of' DECEi\IBEH 31 19.51

Exhibit "M"

- - - N-A- -oiE-~O- - F- ~~B-R-A-~N-~C-H~-----

I LOCATIO:\
~-1--~~----~--

:,

-

-

-

.:\AME OF PARENT --- ---------- -- -----------

LOCATION --------

!eBank of Georgia

TJ94 Ponce de Leon Ave., N.E. Atlanta The Bank of Georgia

Atlanta

The Ba~1k. of G~or~i,a \Yes~ End g36 G01don ::->tleet, S.\\. .... Atlanta

The Bank of Georgia

Atlanta

The Citizens & Southern Bank

of Atlanta, 700 .Marietta St.,

1\(.E. _ _

_ Atlanta

The Citizens ~_\(: Southern Bank of Atlanta __________ Atlanta

The Citizens & Southem Bank

of Atlanta, UO Peachtree St.,

;~i.E. _ _

-- ----

Atlanta

T 1~ust Company of Georgia

West Peachtree & Third St. Atlanta

The c'itizens & Southern Bank of AtLwta __________ Atlanta
Trust Company of Georgia_ Atlanta

Georgia Railroad Bank & Trust

Georgia Railroad Bank &

co. 1111 Broad Street Colu~1bus Bank & Tl'Llst Co.
14th Street Columbus ~ank & T1ust Co.
;-Jorth H1ghland

Augusta Columbus Columbus

Trust Co. Columbus Bank & Trust Co. Columbus Bank & Trust Co.

Augusta Columbus Columbus

Columbus Bank & Trust Co.

lOth Street ~[erchants & :\Iechanics Bank

Columbus Columbus Bank & Trust Co. Columbus

Five Points B1anch 17th St.

Merchants & l\Iechanics

& 3rd Ave.

Columbus Bank _

Columbus

Cornelia Bank Citizens Bank

Demorest Cornelia Bank Nahunta Citizens Bank

Cornelia Folkston

Savannah Bank & Trust Co.

Midtown Branch, ll20 Bull

St. _

Savannah Savannah Bank & Trust Co. Savannah

Savannah Bank & Trust Co.

Corner of Bay and Bull Sts. Sayannah Savannah Bank & Trust Co. Savannah

Co.l_s~":~nnai_J__ Savannah Bank & Trust Co.

West Broad Street B1aneh

-3-20-W-''

st Broad S
- -~--------

t

reet
----

-

-

-

-

1 Savannah 1 SaDnnah Bank & Trust

Exhibit "N"

DI;o;POSITION OF B.\:\1\:S T:\ GEOl{(;JA Dl'THNG YEAH l %1

TJ rut!;.~

Banks in Opl'ration January 1, 1051._ ________________ _

201

15

Banks in Operation Decemb0r 31, 105L ______________ _

291)

15

Increase During Year________________________ G

Decrea'e During Yea1________________________ 1

Net Increase -------------------------- 5

New Banks ------------------------- _________

11

Citizens State Bank, ViarnCJ" Hobin:'

The Citizl'ns Bank of Toccoa, Toccua

The Bank of Barrow, \Vindcr

The Citizen;; & Southern Emory Ba>1k,
Emmy e nive1sity

Citizens State Bank, Alma

Bank of Upson, Thomaston

Voluntary Liquidation _________________ ~-------- 1

The Farmers Bank, Blythe

X

DEP.UtT.\lE~T OF BANKING

Exhibir ..0 .. STATE IB:\K :\IKHBEHS OF FEDERAL HESERVE SYSTE:\1

Bank of Adairs\ille Citizlns 'fnJo;t lom]l~llt, ___ _ Peachtree Trust Company. Trust Company of l;co1gia Georgia Haihoad Dank & Trust Company Citiz;cns Bank & Trust Company_
Blackshear Dank Columbus Bank & Trust Company .i\Ie1chants & :\It eltanics Bank Citizens Bank X ortheastcrn Dan king Company Brand llanking Company }.,arnlLTs Bank
Savannah Bank & Trust Company. Washington Loan & Banking Company

Adairsville - .\ t lanta
Atlanta .\ tlanta
Augusta ~ainbridge Llack,hear ( 'o!umbus
Columbus Colquitt
Commerce
La WJenceville :\Ion roe :.;aYannah
- Washington

S:\IALL U)A~ C<HIPAl\IES

~-------~~- n: (JF ,d.l:ITP~~~----------- --~I

L
OCATIOX

The Master Loan Se1vice, Inc.

___ Atlanta

Exhibir "P"
----------- 1 LICE~s;: ISSUED
- - - 1- -l- 1-1951 E:dtibir "Q"

STATE CHARTERED CREDIT UNIONS ll\ GEOHGIA AS OF DECE\IREH 31, 1951

ALBM\Y Federal Employee,;, c;(; Post Office Herald Employees, '/i; Albany Herald Keenan Employees, 112 Front SL Manufacturing; Employees, S( Alb;,ny :;\lfg. Co.
Modern Coach Employees, 208 S. Jackson St.

ATHENS Athens Division, % Georgia Powe1
ATLANTA Apaco, 950 J\Iarietta St. :1\.\V. Annour Atlanta Employees, 14 Brady Ave. N.\V. Armour Fertilizer Works, 350 Hurt Bldg. Arrow, 2202 Mmphy Ave. S.W.
Atlanta City Employees, c;; City Hall
Atlanta Co-operative Credit Ass'n, 623 VoluntePr Bldg. Atlanta Greyhound Terminal Employees, 81 Cain St. N.W. Atlanta Joint Terminals, lOG Canol! St. Atlanta Postal, Fede1al Annex Atlanta Railway Postal Clerks, 420 Federal Annex Atlanta Saving Stores, G~l8 Lee St. S.\V. Atlanta Teachers' Ass'n, 9th Floor City Hall Atlantic Steel, % Atlantic Steel Co. Ben Franklin, HiOO Healey Bldg. Calvert hon, 11\!5 Victory Drive, S.\V. Circle "\V", 1299 Northside Drive Colonial Stores, G82 \Yhitel1all St. S.W. Delta Employees, Municipal Airport Dixie Pottery Employees, 1800 :Vlurphy Ave. S.\V. DuPont Atlanta Employees, G19 Peachtree St. N.E. Employment Sel'Vic~, 79 :\Imiettn St. Essell, 11 D7 Pear htreP St. F. D. & L. Employees, 1090 Capitol Ave. S.E.

THmTY-SECOXD A:\1\UAL HEPOHT

XI

~

Federal Employees, Gth Floor Old P.O. Bldg. Fulton County Employeec', 2wl Floo1 Comt H ousc Fulton Teachers, Dth Flo<J' Cou1t Honse General Shoe C;edit Ass'n, 1~51 Camline St. K.E. Genuine Part~, 15 7 \: Pcaehtn:' St. , Georgm E. S. A., G02 St~tte Of fJcc BHlg.
Georoia Health Dept., 12 Capitol Sqmue
Georgia League, S;l Cain St. K.J.:. Georgia Standard Oil, 50 Whitehall St. Georgia State Hwy. Dept., ~ Capitol Square Georgia Teko, -152 Hmt Bld~. Georgia-\\'. P., Gen. Office, 4 Hunter St. S.E.
Gesco, 172 Haymes St. S.W. Gordon Foods Employees, 1075 Sylvan Hd. S.W.
Hospital Authority Employees, :w Butler St. S.E.
Hunter, J. P. Co., :l7 FOl'syth St. K.W. Journal-Constitution Employees, 10 F01syth St. :\.\Y. Kraft Employees, 8f!O l\Iemorial Dl'. S.E. Lay Employees Savings & Loan, 7:; Bonkvmd 1\.E.
:llerchants .Mutual Credit Corporation, 521 First :-.Jat'l Bank D!dg.
Metro, 1D8 Lucie St. l\Iutual Savings, 21:~ Peachtree St. Orange Disc, J:il Ponce De Leon Ave. K.E. R. E. A. Employees, :l~5 Mitchell St. S.W.
l{egenstein Employees, SO Whitehall & 20D PeachtJte St. Rich's Employees, Hich'o~, Inc Ruralist Press, 713 Gle:m St. S.W. Russell Co. Employees, 117 Central Ave. S.W. Seaboard Employees, 0~10 Chattahoochee Ave. Sexton Atlanta Employees, 715 W. \Vhitehall St. S.\\'. Southern Dairies, Zone 12 Employees, 5D3 Glen Iris Dr. 1'\.E. Southern F. T. Bureau Employee,, 11th Floor, 101 lHarietta St. Bldg.
Southern Motor Carriers Hate Conference, 87:3 Spring St. N.\V.
Southern Spring Bed, 2DO Hunter St. Stein Printing Co., 1G1 Luckie St. N.W. Swift & Company Employees, !J:l Peachtree \Vay
The Thrift, 125 Spring St. S.W.
University Center, 24 Jvy St. S.E. Wofford, 140 Spring St. S.W.

AUGUSTA Fire Department, Corner Troupe St. & Central Ave.
Georgia Railroad, 615 8th St. King Mill, Goodrich St., % King l\Iill
Police Department, Police ITeadquarters

CARROLLTON Carroll County Teachers, Court House
CHAMBLEE DeKalb Co. Teachers, P.O. Box llci
COLUMBUS Coca Cola Employees, :305 17th SL Postal Employees, Post Office
CORDELE Harris F. & !vi. Employees, Harris Foundry & :IIachinP Work~
DALTON Whitfield Co. Postal Employees, Post Office
DECATUR Decatur Postal Employees, Poet Office
DRY BRANCH Georgia Kaolin Employees, Georgia Kaolin Co.
DUBLIN Dublin Federal Employees, Federal Bldg.

XII

DEPARTMENT OF BANKING

EAST POINT Municipal Employees, City Hall Tri-City Postal Employees, Post Office

FORT .:\IcPHERSOK Fort :\IcPherson, Building T 1109

MACO?\ Burke Company, 62G Mulberry St. Cariing Tile Employees, 175 Lower Popular St. City Employees, City Hall
Davison's, 417 Cherl'V St.
FarmET, C. \Y. Empioyees, 521 5th St.
Fednal Employees, P.O. Bldg. Fitemen's. Fire Depmtment Headqualters
Hapgrade, Broadway at Pine Kraft Employees, Mead Hoad :\f. D. & S. Employees, 112 Broadway l\Ic:A~"'" Employees, \Vaterville Road P. & G. Macon Employees, 1265 Sixth St. Police. Cit~ Hall IL E. -~ Employees, Terminal Station TexU('s, Inc., 3879 Lake St.
Watct".\'Orks, City Hall

:\IOULTRIE SwiL C{ Co. Emplo~ccs, Swift & Co.

PLAINS Sumte1 County Teachers

HO:\IE Floy~_l County Postal Employees, Post Office

SAVANXAII Blne Flame, lH Barnard St. Central Employees, Central of Georgia R\'iy. Chatham County Teachers Ass'n, 232 East GGth St.
l\!erchants, P.O. Box 1717 Savannah & Atlantic Rwy. Employees, Louisville Hd. & Stiles Ave. ;.iayannah Electlic & Powe1 Employees, 27 IV. Bay St.
Savannah Federal Employees, Ga. State Savings Ass'n. Bldg. Savannah Transit, 900 K Gwinnett St. Seaboard Employees, 10,1 Union Station
\Vcrkmen's Cin:le, 2:l8 W. Broad St.

THOMASTON Siivertu\Y!i,

s;

:VImtin1 l\1ills

VALDOSTA Postal Employees, Post Office

JXACTIVE CREDIT ui-JIO~S Hodges, Albany Hardware Co., Albany Dortch Bakery, 505 W. Whitehall St., S.'W., Atlanta
State Weifate, State Office Bldg-., Atlanta Suburban Lines, ns1 Ashby St., N.W., Atlanta Underwood Employees, 1835 Spring St., N.\V., Atlanta
Yancey Employees, G54 Whitehall St., S.W., Atlanta

CH.EDi.T C:\10::\S VOLU~TAHY LIQUIDATION ;.iux , Southe1n Cotton Oil Co., Savannah
CREDIT l;XIO~S Jl\ INVOLUNTARY LIQL'IDATIO:\" AtlaLta FirenHms, lfj() Alabama St., S.W. Canu ;,J-A, 410 :\larietta St., N.\V., Atlanta Pullman Shop Employees, 225 Hoge1s St., N.E., Atlanta C\m5titutionl:mployecs, 10 Forsyth St., N.\\'., Atlanta Federd Employees, Augusta

THIRTY-SECOND ANNUAL REPORT

XIII

Exhi/Jit "R ..
ABSTRACT OF REPORTS OF CO~DITION OF STATE BANKS IN GEOR(;L\
AS OF DECK'HBEH :n, 1951

( H'ith Compomfil'c Stafcillclif o" of !Jcci'JIIbc, :ll. 1[150)

-.!.!JU lianks u,HI 1:) ,.,?ffl [;,, ::;;; oucl /.)

/{I(J}!C/1(',') (If{ nf

J;,'((}<'J,I_ .~ (1.'\ of

/)cr . .J1, Jfi.)J

f),. .. }!_, UJ.)O

,\SCSasEhTSbalame~ \Yith other banks, inc. 1est.'l'Ye bal. an~es, & cao;h items in p1ocess of collection __ .
v. s. Gov't obligations, direct and gua,anteed __
Obligations of States & political subdivi,ions ___ _ Other bonds, notes, and debentures _____________ _
Corporate stocks, (inc. stock of Fed. Hes. Bank) ___ Loans and Discounts (including overdrafts) _____ _ Bank premises owned and furnitUle & fixtures __ Real estate owned other than bank premises Investments & othe1 assets indirectly rep1esenting
bank premises or other RiF: ________________ _
Customers' liability on acceptances outstanding __
Other assets -----------------------------------

$21i8,R:l:\,:2BR.Oi',
282,922,48\i.~J';-
2!1,5:~(),..11 D.i li
:~,572,512.41
1,155,524.81 :1:37, 128,G!l2.G7
s .:~~~)7, 19:1.:Jo 24.5,1i80.4Jj
22\l,0?,:\.28 5,052.17
3,1 2ti,OB8.5:J

S22:i,S ;:.;.; ,\!8:2.;>4 ~-!.') ,101,1 J (),k1:)
~5.0t 1:jAO~t.;:;:~
:!_,;_l.Jt_i,:i2J .00 L,112.582JH> :):21 i)RK,lE5:1.H7 7.46G,221.27
::zo.22:>.u-
:-;:) ~ ~~! ~~ ~- .RK:=>.n2 2,C21i,044.24

TOTAL ASSETS ------------------------ $D:lG, 142,(i:lli.88

Net lnuease

$HI8,880,4:i2J!l

LIDAeBmIaLnIdTIdEeSposits ______________________________ _
Time deposits ____ -----------------------------Deposits of U. S. Government_ _________________ _ Deposits of States and political snbdivisiuns ______ _ Deposits of banks ------------------------------Other deposits (certified & officers' checb, t'te.) __

$543,0 J:l,209.!J9 1G4,5G1,9GG.OG 1G,587 .377.42 74,\J-15,48:1.01 47 ,205,1i51.17 4,!JG1i,57G.:i:3

SJ74,788,4()4.3S 151i,451,552.85 :i.:~ ,5 78,:10~ .~3~ 1>.:.,01 0,2'>,.fl I
4:1.712,:i55.% -UJ40,58\:.2\J

TOTAL DEPOSITS

$R51,280,21i4.01

Bills payable, rediscounts & other liabilities fo1 borrowed money------------------------------
Mortgages or other liens on bank p1emises & othe1
R/E ----------------------------------------Acceptances executed and outstanding _________ _ Other liabilities --------------------------------

51i,G5G.24
20,()54.15 5,052.17 11.G:l!J,2:37.0G

-;-.1,125.H:)
7,885.52 li,822,fJ18.:3:3

TOTAL LIABILITIES (not inc. Capital Accounts _____ ___ _________ ______ ________________ $8ri:3,001,81i3.G:3 871'2.:387 ,808.4:3

CAPITAL ACCOUNTS Capital debentures ----------------------------- _ Capital _______________________________ ----- --- -
Surplus ---------------------------------------Undivided profits------------------------------Reserves ---------------------------------------

49,:350.00 21,1i70,500.00 28,387,'108.4:3 14,9G7,:370.72 7 ,OiiG,143.60

li5,GOO.OO 20,7110,500.00 21\136,433.00 t:i,3:30,G05.9G
8,581,251i.58

TOTAL CAPITAL ACCOUNTS____________ $ 72,140,772.75 S G3,87,~.3D5.54

TOTAL LIABILITIES AND CAPITAL ACCOUNTS ________ ___ ____ ________ _______ $!!35,142,63G.38 $8:31 ,2i2,20:3.!!7

Net Increase ------------------------- $103,880,4:32.41 Percentage of Total Capital to Total Assets---------------------------------- 7.7'( Percentage of Total Capital to Total Deposits-------------------------------- 8..1', Percentage of Total Loans to Total Deposits ____________________________ ,______ ::lt\.1'( Percentage of Total Loans to Total Assets ___________________ .. ______________ ;j(i.O',

XlY

.\~, /II[Jf'f' of flu ill";-! JR
JI / 1
1 (I
,.
' 14
4
41 1 5 8 1 1 1 1 1 1 3
1

CL\SSIFICATIO::\ OF BA:\K:-; BY C\l'lTAUZ.\TIO::\ AS OF DECE\IBEH :H. l 'J3 I

CoJitul
s 15,000.00
20,000.00 25,000.00 2S,OOO.OO :;o,ooo.oo :;5,ooo.oo 40,000.00 50,000.00 55,000.00 lio,ooo.oo G2,500.00 G5,000.00 15,000.00 80,000.00 100,000.00 125,000.00 150,000.00 200,000.00 250,000.00 275,000.00 :cJOO,OOO.OO 325,000.00 400,000.00 500,000.00 1,000,000.00 2,000,000.00

Totrrl CU}J:t!tl
"' 210,000.00 lO,OOO.OO 2,1i75,0CO.OO 21\,01'0.10 ::oo,ono.oo 1 Oi'i,llCO.lHJ :210,000.00 :l,/C0,000.0\1 ;)G,OOO.OO co,ooo.oo G2,500.00 1:io,ooo.oo :JOO,OOO.OO 80,000.00 4,100,000.00 125,000.00 750,000,00 1,GOO,OOO.OO 250,000.00 275,000.00 :300,000.00 :l25,000.00 400,000.00 500,000.00 3,000,000.00 2,000,000.00

Tl!iu! }~,'.<..:,Jit!'r, s
~ 11,1i] :\,fi~:\.1)4 ~~:2~,~~0~l.~tl
11 G,-l:J:lAH:1_r, 1
1.~,;;;,,;:ls.;; 0
!l,.lS:l,lliJ.:2 2,1il1pl;,lij
lll,(i:J\1,:2:\',,~2 1.S~t,7:~~.2l.S,:~2
I'!.';), ]li\1,\IH 1 ,lOi,Dl:Lii:l 1,172,808.22 1 ,8~9,85\!.89 10,1G3,714.8G 2,:l07,IOH.l7 1:i1,827,402.G2
4,41\l,10D.DO 31,510,004.58
11,752,437.~5
12 ,4GD ,005.13 8,141,250.00
14,025,5g2.32 l),:l75,572.30
1G,G18,148.72 19,892,883.25 10G,G01,183.21 1()1,855,355.87

THIRTY-SECOXD A:'\1\liAL RF:POJ{T
-----------------~-----------------------
LEG\1. !IOUD\'\S

XV Exhibit "T"

Januar:- 1-:\c\\" Years Day JanuarY 1!!-Lec's Birthda~; February :22-GeOl'ge Washington'~ Birthrla:; April 2G-:\Icmorial Da~ June :_l-,}cffcrson Davis' Birthda~ July 4-Independenec lla~ Fir't :\Tonday in Septcmlwr--Labot lla:: Ortobe1 12--Columbus Day :\ovembC>r 11--Armisticc Day Fourth Thursday in NovcmbeJ---Thanksgi\in_g Ila~: December 2S--C'lnistmas Day

Provided that when any of the holida:>s emtmeJated alF>vv faJ:, o;; a Sunda~- the ~Ionday nPXt following shall be observed as a LPgal Holiday.

Exhi/Jit ''1!"

SUPERINTENDENTS OF BANKS, DEPAR'DIENT OF BANKll\G STATE OF GEORGIA

'So. Xa me

nate of
A)J]!Oillfl11f'ilf

lJu!rc S'I"L'icc Ended

T. R. BPnnett

Xovember 17, 1!JHJ January 1, 1927

A. B. Mobley

__________ January 1, 1!J:27

September 24, 1931

3 W. J. Davis_ R. E. Gormley

__ September 24, 1931 .January 1, Hl32

_ January 1, ]!);;2

October G, 1!);)()

5 R. R. Tippins

October G, Hl3G

6 John C. Beasley_

__ January 11, 1!)37

7 R. E. Gormley

January 2.5, 1!)37

8 C. B. Golsan, Acting Supt._ _ _ January 1, 1!)40

9 John C. Beasley

_______ January 14, 1!)41

10 0. G. Jackson_

________ l\Iarch 22, 1947

11 A. P. Persons _________________ November 18, 1918

.January 11, 1937 ,January 25, 1!):]7 .January 1, 1940 .January 14, 1!)41 :\Iarch 21, 1947 November 18. 1948

THIRTY -SECOND A~l'\U AL REPOHT

1

STATK\IENT

Showing condition at the close of business December 31, 1951, of

BANK OF ACWORTH Acworth, Ga.

As called for by the Superintendent of Banks.

F. c. :MILLS,
President. Date of Charter: 10-31-1905

H. W. PITNER,
ca~hier.
Began Business: 12-19-1905

ASSETS

Ca;~Ihu,dbinaglarnecseesrvweitbhalo:~tnhccels' ,baatn_Ikds

, incash

.,

items in proce~s oi colleetwn.. ;;;

Unitl'd States C~overnment ohhga-

tions. direct and guara11teed

QbJig-ntions of States and political

subdivisions Other bond~. notes. and debentures_.

Corporate :-tocLs (including stock of

Fedpral Hcscr\e Bank 1 Loan::> ~~ntl discount:-; (inc 1u 11 in g

overdrafts)

.. ..

Bank premises OWIH~d. furniinl'e ::md

fixtures Real estate owned 0ther than bank

prt>mises ------------ -------------~---: Investments and otht>r assets Inch-
rectly rep;esent in.~ hank Pl'l'mises
or other rt:>al est at~:.~ __

Customets' liability to this hm:k on

acceptances outstanding Other A~sets

None NonE Kane
None
None X one :;,~ ll.:i!l

LIABILITIES Dc>mand deposits Time dPposit:3 Dcpo::;its uf U. S. Government Depr>::dts of St:-ttes and political suh-
diYi:..;ions
flcpusits of banl\:-; OthL'r citposits (certiliL'tl and officer~
cht_ck~. etc.) Bill.., pay~Lle .\rce]ll:.tlll'L''-' CXf'CH1Pd hv Ol' f()l'
account uf this. bank. and outst:mding Ot1wr Liahilirit~ Capital Su1plw; ln~!iYided plnfits
Htsvnts

-;--~.0(':\).f,j
:_'():-J)d7.0:) None
1"-Lr.u
None
l'one

1.11(),~1\i.~~

T()tal Liahiliti(s

1.11 ti.~ hi.:!:?

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

S'L\TEMENT
Showing- condition at 1he close of business December :n, 1 ~l:i 1, of

IHNK OF ADAIRSYILLE Adairsville, Ga.

_,\s called for by the Superintendent of Bank~.

M. P. GAINES, President.
Date of Charter: 3-21-18()9

.J. E. :\IcKELYEY, Cashier.
Bc.~an Busincs~: 3-24-18fi1

ASSETS

Cash, balances v.ith other hankf1, in-

cludin!.! rPscrve balance. anfl cash

items in lll'O<'CS~ of colkctinn

~

United Rt'atcs Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdi\'isions

_

Oth"'r honds, notes. anrl delwnturc::

C()rporate stocks (including stock of

Federal Reser\'e Rank)

Loans and discounts (including

0\'erdrafts)

.

Bank premises owned, f~;rnit~1re ~~-d

flxtuns

Real estate ownf'd other than hanl-: premises
Investmen t.s -~;.-d- -;,-th~:~---~~-~-~t~- --i-~~-di~

f(>Ctly rC>tWC>Senting bank premises or othE:'r real esta tP.. Customers' Jiabilitv to this hank on acceptanees outStanding __ _
Jther assets .......................-.. ..

Total Assct.c:;

2-13,1 :;7 .11 448,000.00
None None 1,500_00
LOO None
Non(> None Nonf>
\11;),2:~7 .:10

LIABlLI'J'IES D(manrl D<'Pnsits Timt> D('})0::dts De]Josits of U. S. (;OH'rnment Deposi1-s of StHt('s and politiral
~uhdivi~ions
n( posits of l>anks.
Other dr,posits (c(rtifled anrl nffiCt'rs' ehi~ck-;, f'te. f
Bills payable Acrc>pl::nces exccut('d by nr for
r:.c.olmt of this hank and out-
:-tanrHnr~
Other liabilities_
Capital
~-111"~1}11~
lJndi:ided Pl'ofit:-:
Rcs.::rn:.~

1,>.;:i_(l~~.52
:L~7 .n lfl.:1ti
::.: :7.60
1 .~,.\I~;). :~:i ;..lone
1:"'!\.7:-)
None
~one
Non(> 23.000_00
~;;_nno.oo
!i-1.1112.';'6
~one

Total Liahilitif-s

2

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the dose of business December 31, 1931, of

ADEL BANKING CO:\iPANY Adel, Ga.

As called for by the Superintendent of llanl\s.

A. L. PARRISH, President.
Date of Charter: 2-27-1929
ASSETS Cash, halancet~ with other bank::;, in.
,~luding r0serve balance, and cash item:::; in process of collection .. CnitPd State~ (;overnment obligatitJn:::;, (lirect <1Pd gJial'anteed Ob!igations of Statts and political :ouhdi'- ~~ion.-; Otht'r bonds, nub'S. and d(bentures._, Corporate stocks (indulling stock of Federal Reserve Hank) ... Loans anrl di.seounts (including o\enLaft:..; J Bank premises owned, furniture and ti:-..t.zrcs Heal estate ownld other than hank
nrt'n1i:->CS
In\:estrr..:::-nts and otLf>r assets indirct!y r,presf'nt ing bank premi::,1:~ or other real Pstate
Custom"'rs' iiahility to thig bank on ac('f'ptan('es outstanding.
Ot!H:t A_,:,set.~

1.:-1nn.on
None
~one
fi~ 1, ~6 I. I i
:2,!)11.:)1)
None None S.ltiO.fhi

SIDI\EY :\!. PHILLips
Ca~hier ~.

Began Business: 3-1-in9

LIABILITIES

Dem<-tnd dl'~~o~ih

Time deposlb

..

Depo;:;it~ of t.:. S. (;o\ernment

lJtpuo;iis of States and political

suhdivisiono;

Dcpo~lb of BankH

Other deposits ( cr~l'tified and offi-

cers' l'hecks, de.)

Bills payable

AecPptanccs cxf'cuted hy or for

account of thi:-~ bank and ou:.

standing

Othc1 li:thilitie..;

Capital

Surplus

Cwli\'ide(l pr()fi.ls

He-..;ervc:::

:2.":21, ... ,; None
~one .).011!)_!1!) 50,000.00
1 oo,ooo.oo
li.IIJ'l.;c 1.!,."i011.UII

STATEMENT Showing condition at the close of bu~iness December 31, 19:ll, of

F ~\RMERS & MERCHA!\TS BANK .\del, Ga.

"\s called for by the Superintendent of Banks

H. \V. NELSON.
President. DatP of Chartl'r: 12-11-1947

W .T. HARRIS, Cashier.
Began Business: 1-15-1948

ASSETS

Cash. balances with other banks, in-

cluding res('l'Ve balances. and ca.,_h

it-.-ms in Jrof'H)~ of eolh~ctit;n

:.;

United States Government obliga-

tion:::., direct and gu:uantced

Ob!ig-ations of Statt.s anrl political

sub(livisions

Other honds. notes. and dcbPntun~s

Co~twrate CitnckR (including ~toek of

Fedf't'a 1 Re::-:ervf' Bank)

Loans and discounts (inc 1u d l n g

1)\'l!l'dl'i.lft~l

Bank premises IIWHC<l. furniture and

11:-...tures

Rt>nl estate owned other than bank

pnmises

lnve-..;tment:-; and other assets indi-

rectly renre.-wnting bank p:cmi::>e3

or other 1cal ('State

Cu:'>Umcrs' liability to tllis hank nn

acceptancPs outstanding

Other ~L.,..;ds

80,127.17 NorH'
NOIH'
N()n{!
None
None
~ion'
:i,:2-;'~.:! l

LIABILITIES Dt.~mand depo:-;its
Time deposib Deposit..:..; of U. ~- Government Deposits of States and politkal
subdivisions Deposits of Bank~ Oth(r (}{~posits ( CE'rtif1ecl and vffi-
ecr:-;' ch<:"ch.:-;, de.)
Bills payable Acceptances executed by or for
account of this bank ond outRtanding
Other linbilities (:apital
~urplu,S
l!ndi\idl'd llt"ofits Rescr\es

.)11:2,1)~1. 71 1.)11,1'-\-Lll)
None
~1 1,1-i\10.11) :! I) ,:<~ti.t)~
~~,]II().::.\
None
None None 50,000.00 0 '1.000.00 7,1100.011 L Ill.~:)

Tntal Liabilitil'S

THIRTY-SECOND ANNUAL REPORT

3

STATEMENT

Showing condition at the close of business December 31, 1951, of

MONTGOMERY COUNTY BANK Ailey, Ga.

As called for by the Superintendent of Banks.

w. J. PETERSOK,

l\IISS l\IARY Sl\IITH,

President.

Cashier.

Date of Charter: 2-24-1926

Began Business: cl-1-1926

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

,\SSETS

LIABILITIES

cash. h,llar.ces with other banks, i~

Demand De1wsits

-HID,l70.77

l'~~itluteedmdisnJ.Si!ntareptrest)seL'nt-Ge.;o~ hv,a,1_l:,arnnccmoelel,enctatnioodnb.lc.i.ag.:ash-_;)

~ 16.f_i,)i~. "( 1

Tim-:: de}Xlsits ................................. . Dt"posits of U. S. Government DPposits of States and political

3,621.70 None

tions, direct and guaranteed . -~ ___ _

30'1,000.00

~l:bdivi:-;ions

l~;'i,.t6tl.72

Qbliga~ot:s_ <t~ ~tales and pohttcal

f)L'j)OSit:-; Of hanks

...

.

1~,15~a.4~

subdtVJ~wn"

--

3,000.00

Othe1 deposit.:-; ! certified and offi.

Other hondo', Dlltf,::: a~1d _?eheniures ...

None

cprs' check::>, etc.)

~O.DPD.l;i

Con)Orate :-tocLs \ tnr JllOing sto<'k of

Bills payable

None

Federal I-!Lst-n t> 1~ank)

None

Actcntances Pxecuted by or for

Loans and di;.:chlnt:- (including

ar-c0nnt of this hank and out-

o\erdntft:-:.) Bank premi~t" m\ 1wd, furniture

and fixtures

Real estat O'-'r:ed c_-tl:et' tl-:an bank

premisE'S

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

[nvestments and nth<>r a~sets indi-

rectly rf'prestn,ing nank Inemises

1.00 2,230.00

standing

Other lia hili ties

Capital

Surpius Undi\"i(kd

.jl~ofits

l{estnLs

None l.iiOU.IJO 15,000.00 1>',000.00 ~. l 00.00
None

or other rea! P:"1<ttP..

};one

Customen;' Iiah!lity to this hank on

a~ceptancPb outsta;Hiing....

None

Other a~~et:::.

N(JJ1C

Total Liabilities

60~.477 .8~

STATEl\fENT

Showing condition at the close of bu~iness December 31, 19::i1, of

WHEELER COUNTY STATE BANK

Alamo, Ga.

As called for by the Superintendent of Banks.

C. l\1. JOHDAN, JR., President.
Date of Charter: 1-15-194.5

R. U. BELL, Cashier.
Began Business: 1-17-1945

ASSETS

Cash, balances \vith other banks. in-

cluding rPserYe balance, and cash

items in pro..::e:-: ... "f eo!leciion... ;)

United States (;overnment obligations, dil'ect ~r1d .!.!."Haranteed ...... ..
Obliga~i<?r:s of State:-) and political

SUbdl\'ISIOD8

..

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

Other bond:-;., not('f-:, ~ind debentures..

Cr>rporate stocks ( induding stock of

Federal H.IC'~erY(' Bank) ................... .

Loans and discounts (inc 1u ding

o\erd:-aft~ r

. ...... .

Bank premi~es owned, furniture and

fixtures ...

.... -

Real estate O\l.:ned othc1 than bank

premises ............ ------------------- Investments and other assets indi-

rectly represf'ntir.g bank premisrs

or other l'f'al estate___ ..... .

Customprs' liabilitv to this bank on

acceptances outStanding ..

Other asset,o

__

279,KOO. t:-; None None None
~:.:.), 177.07
80.7:~
None
None None };'one

LIABILITIES

Demand deposits

........................ ~

Time deposits

Vepnsits of U. S. Government

Ueposits of Statl'S and political

subdivisions

Depo::.its of banks

Othe1 dt>posits ~ cf'rtified and offi-

cers' checks, etc.)

Bills payable

A<:cPptance~ exf'cuted by or for

account of this hank and out-

standing

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

Other liabiliti~s ................................... .

Capital

Stuplus

Cndividl'd profits

Reserves

412,387.38 596.7g
3,507 .:JO
1"5,112.2Q 4,527.70
None None
None 5,221.53 25,000.00 15,000.00
I>.!,4a~~.49
None

Total Liabilities

.... s 634,786.47

4

DEPARTMENT OF BANKING

STATEl\IENT

Showing condition at the close of business December 31, 19;)1, of

BANK OF ALAPAHA Alapaha, Ga.

As called for by the Superintendent of Banks.

W. M. GASKIKS, President.
Date of Charter: 3-4-1905

ASSETS

Cash, halanccs with other banks, in

cludit;g- n'scrve- balance, and cash

items in proce~s of (ol1l'ctiun

$

Unitl'd. StatPS GoYernrnent obliga-

tions, direct and g:uaranteed

Obligations of States and volitical

subtlivisions

Othn~ hond;,;, notes, and dC'hentures..

Corr1or:1te stocks (including stock of

Federal Hescrvc Hank) .

Loans anfl discounts (including

ovcnirafts) .. . ....

Bank p1 Pmi~ws owned, furniture and

fixtun's ...

Real estate owned othf.'r than bank

premi:-;es ...

lnvestmcnLs and l)iht>r a:-;sets indi-

rE-'ctly representing lJank premises

or other real est a u.

Customers' liability to this hank on

accppfances outstanding ......

Othc1 as~ets.

Total Assets

;_l~i,i(HI.(Jil
8,81 i.il()
~one
None :~()4 .:~ :.::.1. !j ,-:.,
None None Kone

CHAS. A. l\IATTHEWs

.

Cashier:

Began Busmess: 3-25-1 905

LIABILITIES Demand d('po:-.itg Time (kpo:-;iL:-; D(']:10sits of U. S. Go\-('J'llllll.'nt
Deposits uf States and political su lJdi\ isions
Dt'}HJ~dt::> of banLs
OUHr dtpo:;;:;ts !e(rtif1ed and officers' dte("l,~. etc.)
Bills vayable Acecpt:llh.'CS exceut e-d Ly or for
acco11nt of this hank and out'-t8.ndingOtlwt lia hi~it les
Canital Surplus Undi\ided pl'ofits
J.~f'St..'l'\es

~;n:.~~~: ~! 10,0~12.95
\"" 1:l0.18 None-
"2, 1~~~.00 None
None
1 ~JJ:l:Loo 60,000.00 70,000.00 ~!l,45-t.57 "2:2 J>90.so

Total Liabiliti('S

STATEMENT

Showing condition at the close of bu>-iness December 31, 19:31, of

ALBANY SAVINGS BANK

Albany, Ga.

As called for by the Superintendent of Banks

SPENCER C. \VALDEN, JR., President.
Date of Charter: 8-21-1950

HARMON S. PARKER,
Cashier. Began Business: 10-:2-1950

ASSETS Cash, balances with <ther banks, in-
cluding reserve balances, and cash items in proeess of collection .. :]; United States Government obligations, ditcct and guatanteed Oblig-ations of ;:)tates and political
subdiYi~>ions
Other bonds, notes, and clehenturcs Corporate ~tocks ( inclucling stock of
Federal Reserve Bank) Loans and discounts ( inc 1 u <ling
overdrafts) Bank premises owned, furnitul'C and
fixtures Real estate owned other than bank
premises Investments and other assets incli-
rectly representing bank ptemises or other real estate Customers' liability to this bank or acceptances outstanding Other assets

:w-;- Ji~O.S~J
None None None None l,0(i:J,if:i5.:1';" 4.~'Hi. Hi None
6,:n7.01 None
?-\86.~\1

LIABILITIES J){mand deposits
Tinw de110Sits Dl'JWsits of U. S. Go\ernment Thv(lsit:-: of States anti political
~;ubdivisions
Deposit- nf hanks Ot.hcr deposits (certified and offi-
cer.-;' che('ks, ete.) Hills payable Aceeptances 0X('CUietl by or for
aceount of this bank nncl outstanding Other liabiliti('s Capital Surplus l1tHlividcd piof1ts Hescn ('S

None
~~-1n.o:~0.7:!
None
,n,ooNoo.onoe
None None
None llli,25:J.l7 150,000.00 ;JO,IIOU.OO
11,992.82 11,5r.9.63

Total Liabilities

THIRTY-SECOND ANNUAL REPORT

5

STATEMENT

Showing condition at the close of business December 31, 1951, of

ALBANY TRUST & BANKING COMPANY Albany, Ga.

As called for by the Superintendent of Banks.

C. L. NEWMAN, President.
Date of Charter: 6-13-1905

GEO. W. HUGHEY, JR., Cashier.
Began Business: 6-1905

ASSETS

Cash, balances with other banks, in-

cluding reserve balance, and cash

items in process of collection ..... 5

United States Government obliga-

tions. direct and guaranteed..........

Obliga!iC?n.s of States and political

subdtvlstons

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

Other bonds, notes, and debentures..

Corporate stocks (including stock of

Federal Heserve Bank)

Loans and discounts (including

overdrafts) ...... ....... . ... ... ........ .....

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises ..............................................

Investments and othf>r assets indi~

rectly representing bank premises

or other real estate....

Customers' liability to this bank on

acceptances outstanding..

Other assets

116,541.84 None None None None
I ,344,153.11 20,182.78 None
None None None

Total Assets

. $ 1,480,877.73

LIABILITIES

Demand deposits . .

________ $

Time deposits ..

. ..... .

Deposits of U. S. Government_

Dpposits of States and political

subdivisions .. ----------- Dt_,posits of banks..................................

Other deposits (certified and offi-

cers' checks, etc.)-------------Bills payable ------ -------- ---- ___ Acceptances executed by or for
account of this bank and out~ standing- ............

Other liabilities

Capital Surplus __ _

Undivided profits

Re.serves

None 992,703.81
None
None None
None None
None 238,348.!5 100,000.00 100,000.00
49,825.77 None

Total Liabilities ................... $ 1,480,877./!l

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE BANK OF ALBANY Albany, Ga.

As called for by the Superintendent of Banks.

W. D. OWENS, President.
Date of Charter: 3-9-42

L. M. JORDAN, Cashier.
Began Business: 4-15-42

ASSETS
Cash, balances with other banks, including reserve balance, and cash items in process of collection.. . $
United States Government obligations, direct and guaranteed ....
Obligations of States and political
subdivisions ------------------- Other bonds, notes, and debentures. Corporate stocks (including stock of
Federal Reserve Bank) .................... Loans and discounts (including
overdrafts) ...... ... ... .................... .
Bank premises owned, furniture and
R!~t~~~~t~--~~~-~d---~th~;--th~~--b~-~{k
Premises . Investments and other assets indi-
rectly representing bank prem1ses
or other real estate. Customers' liability to this bank on
Otb~~e~~~~~se~---~-~-~~~-~.~~~-~~~~~~~:~~~~:::~:-

1,898,643.89 978,598.20 15,983.64 None None
2,282,272.65 40,749.9;) None
None None 11,750.00

Total Assets

.. $ .5,227,998.33

LIABILITIES

Demand deposits

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

Time deposits ................................

Deposits of U. S. Government ........

Deposits of States and political

subdivisions ........

Deposits of banks

Other deposits ( certifioo and offi-

cers's checks, etc.)

Bills payable_

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

Acceptances executed by or for

account of this bank and out-

standing ................................_.............

Other liabilities

Debentures

Capital

Surplus ..

Undivided profits

Reserves

3,127,550.11 1,163,641.25
25,730.53
435,451.89 188,600.55
17,453.52 None
None 36,294.06 32,500.00 100,000.00 90,000.00 10,776.42
None

Total Liabilities

... $ 5,227,998.33

6

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, }!J;')J. of THE CITIZENS & SOUTHERN BANK OF ALB.\NY Albany, Ga.

As called for by the Superintendent of Banks.

LANSING B. l\IAYS, President.
Date of Charter: 5-6-1943

Began

ASSETS

Cash, balances >vith other banks, including- reserve balance, and cash

items in lll'Uccss of collLction

S

Lr1ited S~ales Governn1ent obliga-

tions, c'irel't and guaranictd

Obligations of States anJ political subdi\i;-;ions

Other bowls, liOics and delwnturcs Corporate ~tucks (including bto~.:k of

Federal Hescnp Bani:)... Loans and discounts (including

oYerdn1fls f -------------

.

Bank prtrr.ises owned, furniture and

flxtUl'l'S

R{'al estate owned othc1 than bank

premists ---------------- Investments and othPr w;;:-;ets indi-
rectly representing Dank premises

or other rPal estatP.. Customel's' li:tbility to this bank on

accept a net.'::; ontstanding... Other a::>~;r:t ..,

L110.1\5:!.:.?.1
.'),:~11,10::;_:)!
None
l,D\i~,fiC~UL-1 21-1,31P..11
None
None None 1J.01t:.:;u

L!All!LITIES J)I.:"D12.Tid dC}ltlSits Time dt'posits ... Deposits of L.J. S. Dvposit~ of St.a.tcs
subdiviP..ions DPposits of lwnks Oth('l' dcposib;, (certifl.ed and flffl-
cpr~ C'hecks. PtC'.) Bills payable Alccptancf'd cxtcutPd l.y n!' ftr
account of this hank and ou~ c:t<-l.ndinv Other li<-lhilities Capital
Su1plu~
L,ndivillcd profits Hcst'nt s
To.Jta1 Liabilities

.-,li,ll ~~ .~4 None
Nont :_' ' I 1,t; ;~ 1. ~' t; 250,000.00 250,000.00 ll 0.~:~(1_0~
... :-,,tll::.:ll

STATE:\1E:-IT
Shu wing ~ondition at the dose of bu:<iness Decem her :n. 1~~:; 1. rd'

FIRST STATE BANK OF ALBANY Albany, Ga.

As called for by the Superintendent of Banks.

.l. K l'LNKSTO:'\. President.
Date of Charter: 5-3-19c\3

FI:ED ,- .'l.-:\ITER,
c~-.~hier.
Began Busim:,,;: 1'-1-194:3

ASSETS

Cash, Lnl:mces \Yilh other Lanks, in-

cludinl-( r.'Sene balance, and ea;:;h

items in 11rocess of collcctinl':

S

UnitE.'d Sta-tes Uovernmcnt obliga-

tions, direct. ar:d guaxnntce-1

Ohli.:::ation.s of Stales and politieal

suhdi\ i:-;imls

Othe1 bonds, note'S, and debentures

Cmporate -toc-1~s I induding- stnck ot

Fulcra\ f\eserYe Dank)..

Loans and di~.counts (including

overdnd'b)

Rank prernisf'S owned, furniture and

fixt.ul'(s

Real estaLL' owned other than bank

prPmises ------ ......... .. Inve-stments and other as.scts indi-

rectly r('presenting bank JH"Pmistcs

or other real estate...

Customers' liability to this lw.nk on

acc(~ptancf's outstanding

Other assets ..

5, IU7,:H):2.Hi :2,\)lO,SOO.UO
~7-!,:~,~.;:;.';G
None No:w ~~. ~ !i.-di;.\0.5G
!11;,171.:~1
None
None None 1.0(1b.GG

Total Assets

LIA U1 LI'l !r:s
Dc>r:and detlo~its Timt dl.'posits J);_flo::'.its of U. S. CoYclnrn'nt UJ:,,~il ,. 1lr StnUs and liO!itie::-,;
~ul1di\isi<n-;
D('!'O~its of hanJ.>s <Hit( 1 r1rpo!-<it ~ I certified and. ofil-
ccJs' dwt'ks, etC".) T~ i \\-;
('X('('\ttPd Ly or ;,crJ:Jnt r,f this banl.;: rtr:d o::u:..-

OthtT Capital
Slll'lliiiS Undivhh~d
l{;,_"'c-rves

l'l'ofits

--.~1:~:2.~~!;))1:~ ~.'2!-;-,\l-1i.ftl
1titi,.l ~j .b~
,"J%,.111.1:! _,. :2~11, 76:!.::;,-)
11.:21 j -~:~ None
N0ne : :', :~ :~ j .) . :i;I 1 "0,000.00 ~,10,000.00 ~ Hi,l10.-t~~
:0. 1S:t5j

Total LiabilitiE's

THIRTY-SECOND ANNUAL REPORT

7

STATEMENT

Showing condition at the close of business December 31. Hl51, of

THE FOUR COUNTY BANK Allentown, Ga.

As called for by the Superintendent of Banks.

)I!RS. A. W. DAUGHTRY, President.
Date of Charter: 8-18-1941

JOHN E . .FREEC\IA::\.
Cashier. Began Business: 9-15-1941

ASSETS

ca;~:t~hu'dbian~la

nces wi reserYe

thh~_oJtahnt;:er,

b~anndk

s

,C~iJnSh-

.,

U~'itetrends

in proce~s ot Ctlllechon ........ :s
States Government obliga-

tions, direct. az;d guaranteed .. Qbliga~it;n_s (~f States and !10l1bcal

subd!YlSlOllS

Other bonds, notes_, nnd ~h~bentuns.~.

corporate stocks lmcludmg stock ot

Federal HeserYc Bank)

Loans and. dbcounts (including

oHrJrafts) ............ .

Bank premises owned, furniture and

fixtures

-- ---

--

Real estatc- owned other than bank

pren1ises ----- --------------- Investments and other assets incli~

rectly representing bank premises

or other real estate.........................

Cllstomers' liability to this hank on

acceptances outstanding ..

Other t!Ssets ..

Total Ass<.:ts

:~5~,300.00
None Non.:None 17-1,679.6:.! 4,565.00 None
None
NonE~
None

LIABILITIES

DPmand dciJosits

.. :.;

Time deposits ......

Deposits of U. S. Guvetnnwnt

Dvposits of States and political

subdj,isions .......

Deposits of hanks

Other deposits r certified a~1d offi-

cers' ehe~:ks. eic.)

I3ills payable

.-\CCl'l!lances exr'cuted by or ior

aeconnt of thi~ hauk and out-

;-;ic._ndin~:-

Othc1 Iiabi!ities

Capital

~urplus

l ;ndiYidcd }lrn!lt:s

Hcservcs

~~-1 ,t--t.~1 .)D,(Ht1.
:- ,9~!-;.
:.:'. i 1~~ ..: f None
None 1 :; '~t;~,_:-~ ~ 25.000.00
;!ll.li(IQ_(HI ,; :t_.j ?-,~I,~!'.,:'
:!.-:-.;.',_(f(i

Total Liabilities

1 ,02?.:-,:C' ~.: . ..\ 0

STATEl\IENT
Showing condition at the close of business December 31. 1!151, of ALMA EXCHANGE BANK Alma, Ga.

As called for by the Superintendent of Ban),,.;,

l\I. E. JONES, President.
Date of Charter: 9-30-1939

J .T. JONES. Cashier.
Began Business: 10-14-1938

ASSETS Cash, balances \Yith other banks. in-
cluding reserve balances, and cash items in proce:-:~ of collection ....... $ United States GoYernmcnt obligations, direct and guaranteed Ohligations of States and. lJolitica] subdivisions ........................... __ .. ., ..... . Other bonJ;:;, note~. and dehenturcs .. Cornorate ~,toeks !including s1ock of Federal Rcsen'p Dc-m k) .. Loans and discounts (including overdrafts I .............. _......................._ llank premises owned, furniture and fixtures _____ ______ ______________________ _
Real estate O\,ncd other than bank
Premises ---- Investments and othf>r assets incli-
rectly renresenting- bank premises or other rC'al estate ......... Customers' liabilitv to this bank on acceptances outStanding __ Other assets

165,500.00 None Nm1e i'J"one
5,000.00 G,OOO.OIJ
None None None

Tota1 Assets

.......... $ 1,:lS8,90G.Gx

LIADILITIES

Demand deT)osits

_ ....... S

Time deprJsits

Del'Osits of U. S. Government ........

fl.po~~~~s nf Slates and political

subdivisions ...... .

Dcpusits of banks

(Jt!Jet dcposits 1cC'rtifiecl and offi-

cen:' chn;.::s, etc.) ...

Hills payable

.\ccelliances C'XCl'Uted hy or for

;-!i'C'ntmt of this bank and out.-

c:t<ndin.t.:

0111cr liallilit ics ..

Capital

~urn Ius

PndivideU 11l'ofit~

Re.;erves

1~.0.)9.:;:2
None
; 1, .~(; tl. :) ' Nnne
None NonP 50,000.00 50,000.00 10,146.01 5,000.00

Total Liabilities

1 ,:l88.905.fiti

8

DEPARTMEi\fT OF BANKING

STATE:\1ENT

Showing- condition at the clo;;e of bu,iness December 31, 1!Li 1, of

CITIZENS STATE BA~K Alma, Ga.

As called for hy the Superintendent of Banks.

L. T. HARltll\GTON, President.
Date of Charter -1-2-1951
A:i;-;ETS Ca.~l1, habnce with other hank~;. in-
l'iuding l't.'scnf" ha!anee:o, <tnd cash itPm:,; in procu-;..- of colhetion Cnited States Go\'ernnwnt ohligations, direct and guan~nteid Obligation:-; of States and politieal
~uhdi,isions
Other bond~. lWtts. and deh(nturl'S C(lrpon-nv st.oC'ks (including stock of
Ft. del a\ H.e~ern' Hank) Lil<'1H:::: nnd dis<ount:-' \including
ovenlnit'U:il Bank lll't>mi,.Ps owned, furniture and
fixtUl'l'S
Hlal estate O\~rhd otht..'r than bank p r e m i . .;es
lncstmcnb and otlHr as~;~.:b indil'Pdly re}JJ'CSt'nting hank lll'l'rnise.-; r:;r r<'al e:3tate
Cn,.;tu:ner~ liability to this bank on ~H'L'<-'Pl~tnce;; outstanding
Othl'r <Js-..et...;

~.),t),;,il.~: ::\(llli' ~one
Nnne NoJw .:'l:2l.1" 1

ALBEI'{T A l'I ~TS, Jit.. Ca-hieJ.
Began Bu~ine:.;s: 5-1- 1 ~ 51

LI A HI L n 1E,;
Dt'mand {kposits
Time deposits DL'Pu:->ils of li. S. (;ovcrnmPnt Dvpn::.ih of States and politiLal
suLdivi:;iun.s Deposit of banks Other deposits (certified and offi-
ecn;' ('hecks, etc. J J;i1ls payable .. \L't'eptanecs cxcetltPd hy ur f,r
account of this hank and out:-;tanding Otht'r liahilit ies Capital
Surplus
U rldi\idt'd profits
f(eSt'l'\'C~

---------------
\llf)IJ'
1: i~{~'i
l:l:\,ti.\~.9~ ~ont-
11.0 1".; 0 ~~~nt-
~on( _ :;,titit.u~ ;)I),II()I),(JIJ 2:l,(JIJ0,1JO
~.:-I!Hi.6~
Nonl'

Total Liabilitits

STATE!\IE.:\'T

Showing condition at the close of business December 31, 19:il, of

THE BA~K OF CO}L'\IERCE Americus, Ga.

As called for by the Superintendent of Banks.

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

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

ASSETS C<-l~h. halances \vith other banks, in~
clttding re~l'rve ba!anct>s, and cash lt...m::; in proee-ss of collection. ti United ~tat('S Government obligations, direct and guaranteed
Oblhtations of States and })Olitical
suhdiYi~ions
Other bonds, notes, and debentures
Cot"lHJrate stocks I indutling stock of Fe(lcra\ Reserve Bank) .. _
Loans and discounts Uncluding ove-rdrafts)
Bank pl'fmises owned, furniture and
fixture~
Real estate owned other than bank })ft'rni,:;es _______ ......................................
Jn\'~'stment~ and other assets inclirtct!y representing bank premises ot other real estate ..
Cu..;tonwrs' liability to this hank on
acceptances outstanding Otbe!' asstd~.s

1,109,.i6:l. 1:! 2,-t:;t),:~/ Li6
:)60,0:1 LflS 10,000.00
None 1,!l~S. 110.1 ~
15,000.00 None
None None Nonp

Tu ta 1 A:::.~et~

6,15~\.Srl~.(iS

LIABILITIES

J)pmand. dellosit::-:;

.;;

Time deposit~

....

Depo~its ul U. S. Go\ernment

Deposits of Stato?s and political

sulalivisions

Dcvosit::; of banks

Otllet dl'JlOsits (certified and offi-

Ct'n;' checks, etc.)

Bills payable Acceptances cxernted by or fo1
acconnt of this bank and out-
~tanding

Otht>r liabilities .. Capital Surplus Undidded profits

Rt>S('I'\"CS

:~. 1-i:!L Jfi8.60 R9~ .. t~2.:~9 I' 1.2~0.1:3
;;.1J,Sn~.69
~ 1,~J,~\)i .J9
l,lll'l.RR None
~one
None 100,000.00 200,000.00 cf; l,J:lR.:ll 2:l:l,021.86

Total Liabilities

n, 1:i!l,SR~.68

THIRTY-SECO)JD AXKUAL REPORT

9

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

STATE2HENT

Showing condition at the close of bw,iness December 31, 1951, of

CITIZE~S BANK OF .:\:\IERICCS Americus, Ga.

As called for by the Superintendent of Banks.

EVAN 1\IATHIS, President.

-Date of Charter: 2-20-1937 ASSETS

Cac,~.hlu,dbinag"larne(seesrvwei

tbhalo~tnhce0sr ,bann~kd::;,c

in~
2sh

items in pruccs~ of collectiOn

Cnited States (;overnmtnt obligations, dirct:t and ~uarant('cd
Qbliga_ti~n~s of States and tloli tical

subdiVISIOn~
Other bond;:;, llOtt's: and ?ehentnre~- Corporate ~tocl.;.s (Inrludmg :-::tock of

Federal Reserve Bank) ...

Loans a1_1d discounts (including

0 verdra1t:-;) Bank premises 0\\ned, ftuniture and

fixtures Real estate owned other than bank

premises --- ---- Investments and other as~et~ indi~

rectlY l"('Jl}"('\3f'Ilting bank premi:'eS

or other n'al estate..

Custonwrs' liability to this bank on

acceptan('es outstanding ..

Other assets

1.1:29. l!JG.Ou
1:2:i.iJ\J:2.~{)
None None
None
None None None

J. H. HARVEY; Cashier.
Beg-an Business: 3-25-1937

LL\IHLITIES Dt.ma nrl deno.sits Time dPpo~its Deposit~ of L:. S. Cuqrnment J)\']Hlt-'its of States and political
:-;uhdivi:-dons Dcpusit~ of hanks
Othe1 depot,its 1cf'rtif\ed and offiten;;' t:h('cks, t. tc.l
HilL< payable
.Al't't'Jilances (':\t.:'('Ui!"ll Ly or for account of this bank and out~ -:tnndin_g
OthL'l" liabilities Capital
Surplus Undividt.od ]ll"<J1it:-; l\t :-it.' I'\. C'S

:;,o~J~ .~ to.:-Hi 41.'-', 1!16.1;; S:i,:),)O.O\J
I f:.O"
~~
:21,117 .6f) None
None II,IIOIJ.OII 1011.11110.00 1011,000.00 :H;,nus_;ifi ""000.00

'l"ntaJ Liabilii ie~

STATEMENT Showing condition at the close of business December 31, 1951, of
BOSTWICK BANKING COMPANY Arlington, Ga.
As called for by the Superintendent of Banks.

W. E. BOSTWICK, President.
Date of Charter: 8-27-35

CARL CLEMENTS, Cashier.
Began Business: :l-1-36

ASSETS

Cash, balanC'es \vith other banks. in-

cluding resenc balances, and cash

items in proctss of collection

United States (;o\ernment obliga~

tions, dirt..:d and guaranteed .

Obligations of States and political

subdivi-~ions

....

Other bonds, notes. and (lebcntures_.

Corporate stocks (including stock of

Federal H<'serve Bank) ..

Loans an(l discounts (including

overdra.fts)

Bank premises owned, furniture and

fixtures Real e~tate

o\vncd

o-ther

than

bank

In~~~~:~~t~;;; n;i --~-th~~;{~-~~i-~-..i~-~ii~

rectlY represcntjng bank premises
or olh'r real estate...........
Customers' liability to this bank on acceptances outstanding
Other assets

;~:;o, 187 .0~
ltiO,!~R'2.iJO 5,01,11)_(1()
None None
None
None None Nune

LIABILITifo:S Demand deposits Time d(posits Depo:-;iL-; of U. S. Covernrnt>nt Drposits oi St:-ttes and political
subdivi~ions
Dcpo:::.it~ of hanJ"s OtheJ' deposits 1 CLrtified and offi~
eers' ehceks, etc. l .. Bills payable ;\L'Cl'}ltanct:s t:>xecuh'd by or for
ac('ount of 1his hank and out-
;;tandin~
Otht'r liabilities Capital Surplus l'ndiddt'd }II"Ofjj:-;
HcS('l"\"('S

:0:09,!)!\S.fiX
1~. lSl.l~ 10,~ I :1.~1
~7.~12.9:;
None
None None
None 900.00 15,000.00 lli,OOO.Oii 1)i2-1.07 ):l,Ol:l.-10

ToL:d Liabilities

1 '0:{1) '~) 7::.50

10

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1!1;)1, of
ASHBURN BANK Ashburn, Ga.
As called for by the Superintendent of Danks.

,V, l\1. FORSHEE, President.
Date of Chmter: 7-3-1900

ASSETS Ca~h. balances \vith other banks, in-
eluding reserve balances, and cash items in JlTOe(~:3s of eollcction ....... ~
UnitNl States Covernmcnt obligations, ~lirect and .1-'.u:l.ranteed
Oblil-~ations of Stat('S und political subdi\isions
Other lwnds, note.::. and fl<'hentun-s.. Co1porat<~ ~tocLs (including ;.;tock of
Federal Hcsenl' E:-1nl-:).. Loans and discounts (including
overdrafts)
Bank premises o\vncd, furnitUt'f' and fixtures
Heal estate owned ot hcT than bank premises ... .......... ..... ...... .......
Inve:::tmcnts and othe1 as!:3et..-; indirectly rt>prcscntin_g banl~ premises
lH. other rf'al estate.. Cusi..lorncrs' liability to this bnnk on
aeveptan(es outstanding.. Other <Jssets

l,il/l_l,~lfli.IO
ti~~ ..J:;)_:..::-~ .i'Jone None ~c1nc
"11 ,G ~~~-~~ :'ifl,:_i03 .."il~
~orH
Nonr> :0Jone
~1,11!.-:-1

Total Asset::.

l\IISS :"!ELLIE C. BOLAXD
Cashic>r. ' Began Business: 7_ 1900

LIABILITH:s Demand d('posit Time deposits _ Deposits of U. S. Covptnmcni.. 1lc posits of States and 1JOlitical
::::ubdivisions DfJ'>~it.s of hanl~s _____ ........... ___ ... .
Othe-1' d0posiis (certified and offi. l"cl.:::' chcL'ks. etc.\
Bills payable
AL-ccnt:1nces CXl'CUthl hy or f<r <iccotmt of this bank nnd nq::--tandill_g
Othu lial.ilitics Capitn1 Surplus Undi\ided !l"ofit..;
H.ese:vl'~

l.~~c.o .. ,,_ 1 ~
) I I ' ... :I ~ ' Nt,n;
'.l::/1 17 ,-1) ~on;
1".'-7:_.\l Non;
~one 1" .. ,:.{_1111
;,o,nno.oo 1O<I.Ooo.oo
:; l ' : !11-1. ~~. None

Total Liahili1 it'~

STATEl\IENT Showing condition at the close of bu~ine~s December :ll, 1!-1:)1, of
THE CITIZEXS BANK OF ASHirL'RN Ashburn, Ga.

As called for by the Superintendent of flank~.

JAMES H. PATE, President.

GREEI: ~~IO:\ROE, Cashier.

Date of Charter: 7-3-1!)00

Began Business: 10-25-1905

ASSETS
Cash, halances with other banks, in~ d\l(ling res('rve balancps, and cash itt"ms in J:l'OC'('~'j of collection___ . $
United States Cov<'rnm('nt ohliga~ Uous, dirpct and guaranteed
Oblig-ations of States and political suhdivisi(}ns
OthPr iJorHl~, notus. and debenturl'S .. Con>orate ::-:incli:s i induding stoo.:k of
Federal Reserve' Bank) .... Loans and discounts (including
OV{rdrafts)
Bank premiseH owned, furniture and fixtures
Real r>Btnie own~d other than bank premises ..............................................
Inves1mPnts and othe-r assetA indire('i..ly representing- hank premises or other rP;;d estate.. ....
Customers' liahility to this bank on acceptancE'S outstanding ..
OLh(r assets

1!89,100.88 314,000.00
> lilO.OO None None
~2 t,-t 11.\-i.)
None
None None None

Total Assets .

..... S 1,037,6.l0.flS

LIABILITIES
Demand d(_'rwsits . Time de-vnsits Deposits of U. S. Gove1nmcnt l)eposils of StHtes and 11olitical
subdi \ if"illns f)('/i<lSits of hanks Other deposits ( certifif~d and offi-
cl'ro:' ch<('ks, c-1c.) Bills payable A.:-('eptan~~t.'S executed by or fr:r
account of this hank and out~ standing OthPr liabilities. Capital Surplus Undivi(lcd profits Reserves _

~ .(I:-;.). 1:-, ,) .-lll :~1 ::~6~.~-! _,b lh.l b
G~. 7 .-1:-\.~:~
l,~1i'!O.'i6
1.1:\1..;; None
None None 25.000.00
;o.ooo.oo
~:L:)zo.:~z
None

Total LiaLi1itie;;

------
- ~. J ,:;:ri,6.~:Lfl~

THmTY-SECOND A~:.JUAL REPORT

11

STATEMENT

Showing condition at the close of business December 31, 1951, of
HUBERT STATE BANK Athens, Georgia

As called for by the Superintendent of Banks.

:\IRS. BLAKCHE BRACKETT, " President.
Date of Charter: 9-24-1949

:\IRS. nHGINIA lll__"BEHT KELLAH, Cashier.
Began Business: 11-1-1949

ASSETS

Ca~Juh'1lbinaglarnccseCsJTwe itbha~o~mthceets,b:a;-nnkdse, ai~nhitems in !H'ocess of coll~.:ctwn . : $
Vnited ~~ates Gnvenm1ent d;hga-

tinns. d.Irect an_d _guarantt'c<l . . . . ObJiga~iL!11.-" of State and pohllcal

subdJnswns Other bonds, note~. and_ dt'bcntures

Corporate stocks (mcludmg stock of

Federal R('sern" Bank).

_

Loans and discllnnb {including

uYerUrafts \ ..

.

Bank pnmi:-ocs owned, fu1:niture and

fixtlJres ...

-- - -

Renl estate owned othet than bank

premises --

..

Jn\estmcnts and other assets Indi-

rectly representing bnnk premi::-;es

or other real e\'31 ~1te

Customers' liability to this bank on

accE'P lances (lUtstanding

Other assets

None None X one
None
None None 1,1!.)~. 1?-)2.:2-1

LIABILITIES L)emand dl~lOC>it;:-;
Time d('r>nsits
Dt>posit of U. S. Government DPpnsits of State and political
:-.uhdi;isiuns DPp DS it of banks Other deposits (certified and offi-
Lcrs' cheeks, etc. J Hills payable
.Acceptances executf'd bv or for account of this bank. and outstanding
Othcc Iiahiliti~:s
Capital Surnlus Cndivided J!l'tdlts
Hcscrvc:-;

1:21,,)-11.1~ ;-;,....,~~lO.t-:.
None
'77' 107 .il:, None
1.350.63 None
None 1,2]:\.'16 50,000.00
1 o.ooo.oo
1 ~-i. 17 :--:.:)-;
~.onO.l:CJ

Tntal Liabilities

1,0,)~.l'..,:Z.~l
----

STATE~IE~T
Showing condition at the close of bu,iness Dec:cmber :H, 1HS1. of
THE eANK OF GEORGIA Atlanta, Ga.

As called for by the Superintendent of Banks.

JOSEPH E. BIHNJE,

Presi<lC:nt.

.

Date o Charter: ll-27-193:l

C. T. GHEER, \"icc-President and Cashier.
Began Busine:'s: 12-5-1938

ASSETS

ca~h. balances with other banl\:s, in-

cluding l'{'S')l'\"E' halan('C'S, and cash

items in rwoct.'ss of collLetion. ~

UnitC'd Statf's Go\"trnment obliga-

tions, diJTd and :~ll<ll"<llltccd

...

Ohlig-a1ions of st~ttes :wd pnliiical

."uhdivisions

Other bonds, n\lt!'s. and debentures

CoqJoratp :-toe\;s 1 including stock of

Fcdf'lal Hesf'lTC Bank)

Loans :1.nd di~eounts (inclnding

menhafts) .

Bank prf'mises owned, futniture and

fixtures

... ..

........

..

Real estate O\vncd othC'1' than bank

premises ....................... ......................

InvestmPnts and othf':: assets indi-

rectly representing bank premises

or othl'r real PstatP....... ..

Custnml'rs' liability to this bank on

acceptances outstanding

Other assets ................... ..

2,.';-~:~.~-;.ts.;l:l .J,l:-37,:~:.:2.71)
;t;)7.~::J.1.0("1
70,000.0() Norw
8,Q;jJ.~J0.).0:2 ]2:?.,f-i';"1).::9
None
None None 112,01/AB

Total Assets

:;; 16,6l~,Hx.7~

LL\DILITIES Dem:-1nd dPilOsii" Tirnc deposi~s Dc-]1osits nf tT. 8. (~onJnmcnt D,posits of States and politicn}
:-:ubdiYisions D<:'posi1s of hanh,; Othr>J dc-pn:-:i1" ( ceJtifll'd an(l nffi-
('{'r:s' chf'c],s, t:.tc..)
Bills payaLle "'\ccCJiiant'l'S exccutctl by or ff,;
account of this h::mk and ont~
;bndinr~
Othe: liabilitics
Ca~)iial
Surplu:c:; UndiYidcd Rcsc,ycs

19:;,!1 1S.f~1
;:~.0(10.(1(,
1 ~0. 1()].0';'
None
None
A~.1iif!.fl~l
400.000.00 400,000.00 : ~ l,H:l(1.60
S2, 163.0(1

Total Liabilities

12

DEPARTMENT OF BANKING

ST ATE:VIENT
Showing condition at the close of bu~iness December :n, 1!LH, of
THE CITIZENS & SOUTHERN BANK OF ATLAXTA Atlanta, Georgia

As called for by the Superintendent of Banks.

GEO. R. :McKINNOK. President.
Date of Charter: 9-20-1941

ASSETS Cash, balances with other bankK, in-
cluding reserve balances, and cash
itt'ms in pruee.;:; uf collection
United States GovPrnment oLligations. direct and }.!lWrantcl'd
Obligations 0 States and 1lolitieal
~uhdi\isinns
Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (including
onrdrafts f
Bank premises owned, furniture and
fixture"
Real estate owned other than bank prenuses
Investments and other assets indirectly representing bank premises or utltE'r rPal c~btV
Customers' liability to this bank on acceptances outstanding
Other ~n,;sets

:j,l.l~.t>'l.:-\fi 1.\lK~. 1:)1.~.->
lOIYit.fl:~
None
Non(~
7 .~0~,1).->7 .11l
:2:20.~7:--.:-J.->
None
J,Jl,l\t)().lil)
None
1(-i,.)";h.t);;

\Vm. H. GILBERT
Cashier. ' Began Busines3: 12-1_1941

LIABILITIES---------------

Vi~!_:u~l,~p(~~~l/~hits

:-; ti,l:~7.1flt) 1~,

Depoo;its of U. S. GoY(tnm~e'nt

;J.ti;;~:~~~i~;:_;_~_:

D<po,;its of States and political

sll hdiYi:-ions D(_p<1sit~ of in1nJ.:s

l.iO,IliJO.OQ

Other deposits (certified and offi.

::\onl'

<"e!s' chPcks, t~il'. I Bills payable _______ __ ______ ... ___ _
Aceptances executed by or for ac-

1\l.~l:LH
Non1

cuunt of this bank an1l outstand-

ing

OthPr liaLilitics

Capital

Surplus

Lrulivided Profit,;

Res<'l'\c-:.

Total Liabilitie,:;

- - - ~ 11,0:2SJ,:L!.:-\:!

S'L\TEMENT Showing condition at the dose of bw;iness Deeem her 31, 19;) 1, of
CITIZENS AND SOUTHERN Bt:CKHEAD BANK Atlanta, (;a.

As called for by the Superintendent of Banks.

.JAi\lES M. SHEPHERD, President.
Date of Charter: 11-4-1948

LLOYD A. BAIRD, Cashier.
7-5-1949

ASSETS

Cash, balance -...vith ntlwr hanks, in-

cluding- resene balances, and cash

itt.~ms in plocess of colh'ction

~

Unitcl StatE's Government obliga-

tions, direct and g:.wJantet:>tl

Obligation;.; of States and politieal

suhdi\ i~ion::-;

Otlwt bonds, JHlicc-; an(l \.kbentuJ'es

l.\HpoJate ,:;tock'3 (including stock llf

FedEral Reser\e Bank)

Loans and discounts I includin~:o:

overdrafts)

Bank premises ownt._d, furniture and

fixtures

Heal estate O\vned othce than hanh

premises

lnvestmen1s and oth(;'r as,:;ets indi-

rtctly representing bank llH'mises

or other rf'al estatP

Customers' liability to this hank on

.'lCccpi:lnces out:-;tanding

Other asset3

l,:2:-\:;,:;Pt.l7
I~O.~~~io.n:-,
N Oil(' li),Ol.J.:.:o
L::Juo.no
1,'2.i'2,G;~l.:-l~l
lti, I Li.!IO KnnP
~nne
Nunc 1,':'21.\!:)

LIABILITIES Dt>nw nd dt.posit.-; Time deposits Deposits of U. S. GovernmPnt Depo~.;its of States and political
~uhdivisions
Dtpqsits of hanks Other (kposits J celtifh d and offi-
cns' ch~cho, etc. I Bills payable
.L\cceptnnees <'Xl'eUtt>d by or for account of this band an(l out. standing
Otlwr liabilities Capital Surplus Undivid,?d profits
Re~ervcs

:!,fl.~7.hf18.!l2
:; 1\J,~7n.:)., 1 ti,GhG.70
~~.;.ooo.oo
None
~ 1,1.)1.::?7 None
None
:1S,:10:L~O
lOtl.OtlO.OO ,,li.OOO.UO :2:1. :~:-\:~.1 ~
~one

Total Liahilitie,:;

THIRTY-SECOJ'\D ANJ'\UAL REPORT

13

STATEl\IENT
Showing condition at the close of business December 31, 1951, of CITIZENS TRUST COl\IPANY Atlanta, Ga.

As called for by the Superintendent of Banks.

1. D. MILTON, President.
Date of Charter: 7-12-HJZl

ASSETS

C8cshlu,dbinaglanrcc~eesrvweitbhaloatnhceers,baan~kds,caisnh- . items in tnoce:;s of culledJOn :- ~

Cnited States Govf'rnment obhga-

ObltiiJgD~"~'i?td~isre

ct of

and gu<-1rantecd States and political

subdivJ,:;wns

Other bond~. note~. and _debentures

CorporatP stockc> ! 1ncludmg stock of

Federal Rest:n.' Bank) .

.

Loan~ and discounts (mcludmg

o\'erdrafts J

Bank premises owned, furniture and

fixtures

-

Real estate owned other than hank

premi~es .... --- - .....................

In\'estments and olh('i' as~ets incli-

rectlY n ..'prescnting Lank premi::-es

or other rtal estate Customers' liability to this bank on
ac<'ePtanrcs outstanding__ Other assets

~l-;-~1,;)~;{,;)0
1.1 J:.?..~l~l.\1\l
:~12,1:):2.~:.?. :.:l.tiliil.\l;-\
7 .~'50.t)(l
1,1-iti!J,/0 UitJ iO,-t?-O.:'," " 1.00
None
None ~~.?-\1 7. ;_;o

Total Assets

J. B. BLAYTON, Cashier.
Began Business: 8-17-1921

LIADILITIES I1em:Jnd thposi1c; Time de]1o~it:-;
DetJo::,.it:-: of U . .S. Covernmcnt
Deposits of States and political subJiYisions
D~:posits of hanks.................................. . <Hhe>1 dep(l~its 1c>ertified and offi-
CtTs' checLs, ete.) nills payable Acc('ptanccs executed by or for
ac('ou;Jt of this bank and out-
~tcmdin~~-
Otht:>r liabilities Capital
~urplns
Cndividcd profits
HescJ'\cs

l,Sli6,711.:H
~A:!:J,!I:;s.-ts
/~J,/07 ..t 7
:W,IIOU.OO None
;;~, IOfi.Hl None
~OTIE'
-i".iiO:l.lO 200.000.'10
5/,ilOO.OO 7 1,fl,J ~.7 .) 02,000.00

Tot a 1 Liabilities

STATE.l\IENT Showing condition at the close of bu~inesR December 31, 1951, of
EAST ATLANTA BANK Atlanta, Ga.

As called for by the Superintendent of Banks.

M.A. THOMPSON, President.
Date of Charter: 11-15-HJlO

H. B. WILLJAl\IS, Cashier.
Began Business: 11-15-1910

ASSETS

Cash, balances with other banks, in-

cluding reserve halancis, anJ cash

items in proccss of l'Oilhtion

United States (;o\ernment oldig-a-

tions, direct and ~~uarantp('d

Obligations of States and political

subdivisions

..

Other bonds, notes, and dchE'ntUrt.'S ..

Corporat.f' stocks (including stock of

Frdtral Reserve Bank) ...

Loans anrl discounts (including

overdrafb)

Bank premises owned, furniture and

fix tun's Real estate ow;~~d- other than b~nk

In~~~~~~\s-~-~-;i-~-th~~---;;~-~~t~---i-;;di~

rectly rPprcsenting hank premises
or othf'r real estate.. Custornl'rs' liability to this bank on
acceptan('es outstanding... Other as~ets ........................... .

Total Assets

1.1o:~.:wo.t~o 2~.0()(),(10
None None :l' :-.:zl,:~ iii) ,(1 ;~ ~() ,0011 .Oil None
None None None G,G24,:~2fl. 77

LIABILITIES Dl mand dcpnsits Time> depn:--;ilo:. D'po~ib of lT . .S. (;m e1nnwnt Deposits of States and political
suhdivi,zion,z
flt-po~its or hanks.
Other deposits !certified and officers' checks. etc. 1
Bills payable AccE'tltanccs executed by or for
acrount of this bank and out,ztandin.!!
Other liabilities Capital Surplus Undi\idcd profits
Re:::.Prves

:~1-1,70~.00
None
I;~,K'2H.l'(S
None
None 111,01111.011 100,000.00 100,000.00
I:~;J.S~fl.:W
!10,000.110

Total LiabilitiPs

G,S~4.:~2~1.77

14

DEPARTMENT OF BANKING

STATEl\1ENT
Showing condition at the close of business December :n, 1951, of
GEORGIA SAVINGS BANK & TRUST COMPAJ\'Y Atlanta, Ga.

As called for by the Superintendent of Banks.

JOHN E. OLIVER, President.
Date of Charter: 10-26-1889

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

.\SSETS

Cash, balances with other hanks, in-

eluding re~wrn halances, and cash

items in process of colleetion

S

Unit(Od .StatPS Co\'ernm{_'nt oblir':a-

tions, dirt:>ct and gtwranteed

Ob!iJ.!:atinn:::; of ::::tates and political

suhdivi~ions

:; ~ I;l . ti ;... i. .-< 1

Other bonrls, n(,t.._s, and dPbenture~

1:-.:l,:JJli.l"

Corporate stocks (including stock of

Fed(ral l{ustne BaiJI.;. J

.).!.K,~X~.IIi

Loan;; ancl discounts (including

overdra ft8)

11, 1-l L\t ;:-1.\:.:

Bank prem:~e.s owned, furniture and

fi."'-.:turcs

ll!il,tlO i .Ott

!teal tstate ownl'd other than Lank

premise::-J

1.00

Inv;:~tnwnts and oth('r assets indi-

n~ctl.r rt'!Jl'f'S('nting bank pnrnic>es

ot other real estate ..

None

Cu,.tnnwr:-;' liability to this bank on

aceeplanr.t'~ outstanding.

}\Tone

Othet :, ....set~

None

Total Asset~

LIABILITIES Demand deposits Time dtposits Depue> it>' uf l}. S. (;o\"etnnH"nt Devosit::; of States and political
..;ubdi\isions Dl'llO~dt..,; of banks Olhet deposit::; (certified and offi-
('(r:::-' ('heeL-;. l~tc. l
Bills payable .\cceptancts exccutc'd by or for
<H'coudt of this bank nnd out<t.:lluling
Other liahilitit .; Capital ::)Jll'lJlus l.'ntiiYidt>d l'nllib
]{p-;p\'\"(':-,

~-i.OOI),(JI) :; I.i,OOu.OtJ
1' 1,'\.).01!
None
:.:.:.:.)1.7~~-~~ 500,000.00 l.OUO,OU(J.Otl
1 u......-:,71.\l\t
7'i""-,'i"tt:U.,l

Total Lia hilitits

ST.\TEl\lENT

Showing condition at the close of business December :n, 19;'; l, of

THE PEOPLES BANK Atlanta, Ga.

As called for by the Superintendent of Banks.

C. B. WHITAKER, President.
Date of Charter: 8-13-1935

T. B. Mcu;on, Cashier.
Began Business: 8-31-1U35

ASSETS

Cash, balan(es with other banks, in-

eluding- rE:cwrve balances. and caHh

item~ in process of collection

~

United Stale~ Government obliga-

tion:-;. din-ct and J!:Haranteld

Oh1igations of States and political

~uhdivisions

Othf't" bonds. notu:::, and debenture.:;

Co1poraw ::>locks 1including stock of

Ft'dcral He:::wrve Bank l..

Loans anrl discounts (including

o\etdn:u't~)

Bank premises o\\'ncd, furniture and

fi.xtun s Heal P~1 ate n\rhd other than bank

llremise.., ..............................................

In\ estmtn ts and nther assets i ndi-

tcctly 1epn'~~nting Lank premises

ot otl-wr real e;.;tate-..

C11:-;t(lmers' liahility to this hank on

:-:~cceptatH'PS outstanding

Other A.ssets

7S7,~-)0.10 l.i"Ol,UOI.~-;
~~,6.0:?:{. tt)
None None
:;,:)I)~J.7:;.s. ';'1) :.:;7 ,1!10.011
None
None None 1 'i",:--;;-..o.u:-)

LIABILITIES Demand deposit:-;
Time depo .... its
Deposits of U. S. Government lJpposit.s of Stah~s and political
subdidsions Deposits of hanks

Other deposits (certified and cers' check~. Pic. 1
Bills payable Acceptances pxecuttd by or
account of this hank aml
"t~mdin!'
Other liabilitits Capital

offi-
for out-

bunllu,; L:ndivid(d proti1s

R('::H.'l'\"P..;

Total Asset~ ----

Total LiabilitiP~ ----

50,000.00 :20,1100.0!)
7 .17~.~~ :.:.U5.ill
N'one
:-;~_lti.).:)~l
:!llil,OOil.illl iliO,OOO.OO
:iti,~\l:U-ii [.)ll.~l:!.~l::

THTRTY-SECO~D A:-;NUAL REPORT

15

STATEMENT

Showing condition at the close of business December :H, 1951, of

SOUTHER~ SAVINGS BANK Atlanta, Ga.

As called for by the Superintendent of Banks.

THUHMA~ ~>I. WALDROP. President.
Date of Charter: 12-.~-1904

lVIRS. l\IARY FULLINGTON, Cashier.
Began BC~siness: 1-1-1935

ASSETS

(aSh, lJa\ancl'S '\>;;ith other banks, in-

cluding 1c~ern~ l;a lances, and cash

items in Jd':Jd::->~ of collection

::.

United Statt-.s CoYf'rnment obliga-

tions. dilTl't and guaranteed ..

Obligations of States and poiitical

;;ubd1Yi'6ior.:-:,

Othl't" bonds. flt_,t('S, and dehentures

Corpora to:" stock~ 1 including stock of

Federal f1f~S~'T\f:' Hank J ..

Loans and di:ccnt<.n~s (including

nverdra ft:;

Bank premi.;t": (;W!Wd, furnitUJe and

fixtun.:s

neal e8tatf \J\\'E(d JihC'l" than bank

nremise.-;

ln\cstments and other Hs .::ets indi-

rcet]y rc;1n'~l'TI tin~ l;ank premi~es

1H' otlwr l'J-_al e>:-tatc~ ..

Cu~tomPrs' Jiabi!;ty to this bank On

acc(ptances ou~f.tantling.

Other a~scb

:-\ i) .:~:-~ ~l. :--)1 J
None None None None
None
None None
:~.lU.\ll H~l\l,ti8i"J.ll

LIABILITIES D<mand depo~it:s Time depo~its D<posits of U. S. Covernment Deposits of Stab.s and political
Despuobsdiitvs isoironhsanks
Othet deposits ( cettified and offiCt-'!'8' ch0cks, etc.1 ..
Bills payable
:\cceptanc<'S e:xE'CUtf'd by or for
aceount of this bank and outstanding
Other liahilitiE':-> Capital burplus Cndivided profit:-;
Ht:Sl'l'\C.:'

fiilO, IOO.Iifl None None
None None
None
1,:5~0.;j:\
None None 100,\lOO.OIJ
~0.000.00
fli,0:16.72 77.7:n.n6

Tntal LiaLilitif;:-;

~!H1,6~S.ll

STATEMENT

Showin~ condition at the dose of business December 31, 1931, of

SOFTH SIDE ATLAN fA BA:\K Atlanta, Oa.

As called for by the Superintendent of Banks.

W~\LTER ESTES, President.
Date of Charter: 1-31-1912

W. L. WILLIAMSON, Cashier.
Began Business: 7-1-1929

ASSETS

ca~h. balances with other banks, in-

cluding rP~f'l'\"C' balances, and cash

items in t~rut'(:-':' of collecting

~

Unitecl St~He:s (;n\'f'rnment obliga-

tions, dir-et <t~d cuarantted

Ohligations of Sttes and political

suhdivi::-iun:--

Other bond~. nott>.~. and d!O'hentUl'l'S

Corpor<lte ~tod.:~ (including stoek of

Fed(ral H('St rve Bank)..

Loans and disc(Junts (includin;;

oYerJraft:-- 1

.

Bank pn'miscs ownld, furnitLtre ::..nd

fixturu-;

Real Pstate owrwd CJ! her than bank

PrLmi;:'(':-: Invl:-;tmn::ts and otlwr n~set!'. indi-

l'Cttly rcprLsentinJ! banh premises

o1 otlwr rea} f>Statf:'... .....

CustomErs' liability to this bank on

acceptanees outstanding.. Othet as~F:-s

70t,lH;),:)I 1.l'<lt,:H7.1iK
111,707.:~:2
Nun; None I ,.J~l~).,r..(;)o.oo (il,.)7;).7l) !l,l .)0.00
None None :1,801.01-i

LIABILITIES Demand dP}Jw-;it:-; Time depo:-;its Depo~its of U. S. l;ovcrnment Deposits of States and political
subdivisions Deposit;-; of banks
Other deposits (cl:'rtified and offiePrs' cht:eks. etc.)
Hills payable
.-\ccPptanct's C'Xt>cutrd hy or for a('count of this hank and out-
"bmdingOther liabilities Capital Surplus l_;ndidded profits
ReservPs

1,9:31,507.!)2 1.2J!2~3~~
.),),1/J .. ,.J
50,000.00 22,104.82
SO,.JH:J.1l None
None
10.~0;).:22
100,000.00 100.000.011
5~,128 . 19 1!,668.19

Total Liabilitits

16

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December :n, 19;)1, of

TRUST COMPANY OF GEORGIA Atlanta, Ga.

As called for by the Superintendent of Banks.

lVIAHSHALL B. HALL, President.
Date of Charter: 9-21-1891

W. S. WOODS Vice-President. '
Began Business: 11-8-1891

ASSETS

Ca.<:h, balances with othel' banks. in-

cluding re~tT\'t' halanees, and cash

items in proce;-;s of coll('ction

S

United Statts Co\ernm{;'-nt obliga-

tions. din_'et and gua l'antl'l-'d

Obligations of States and political

subdivi:::ions

Other bnnd". notes, and deLenturcs

Conwratt stocks (illcluding stnck of

Ft>deral }{('serve Hank)

Loans and discounts (including

overdrafts J

Bank pr('mises owl1('tl. furniture and

fixtures

Rud (;'Slate owrwd uther than bank

premises

In\'estments and othcr nss.ets indi-

rPetly repn'senting bank Jlf(mises

or other real estate ..

CustomPr~ liaililitv in this bank on

accPptances outStanding..

Other as~wts

2.10,000.00
~one
None
1.9~;).068.4\l

Tot a 1 A~c.c1 s

LIABILITIES

Demand depo,.;.;its

~ !I.J),h.i.:it;o. ;;~

Time d{'JhJsits

1,0()(),\1\qj ::. ..;

neposib of U. S. Government

1,\l1-fi,'21l. 16

Deposits of States and political

t<UlJdidsions

Deposits of banks

Othc!' deposits (certified nnd offi-

CE'l's' c-hecks, et(',) Dills payable .\ccfptaJH'l'S ('X('Cllt('d by or for

::r;- ,!17~.~):~ None

aC'count of this hank and out-

standing .. Othlr lialJilitic:s Capital Surplu.:; lJndivided pnlf11s H.c~: ...Tvc ;

None ::.~,.l~.~,Oii. J .1
2,000,000.00
,;,ooo.ooo.oo
:: ,ti 1"7 .'2:~(i.H1 1 ,()~~.;.,:_:--;- .""7

T(Ji;ll J.i:llliliti{'S

STATEJ\IENT

Showing condition at the close of bu,iness December 31, 1951, of

GEORGIA RAILROAD BANK & TRUST CO. Augusta, Ga.

As called for by the Superintendent of Banks.

SHEHMAN DRAWDY, President.
Date of Chartec 11-15-1892

RUSSELL A. ET.ANCIL\HD, Cashi('l'.
Began Busines~: 1:2-:ll-18\!2

ASSETS

Caf'h. balanc<'s with other banks, in-

eluding rc'SPrve balances, anJ cash

items in Jl'OC('8S of eol1lcti(ln

~

United Htat(:s Goq_>rnment obliga-

tions, direct and guhranteed

Ohlig:a1ions of :States and JlOlitical

subdivisions

Other bonds. note:-~. and d{Lentnr(':'

CorporatP stocks (including stock of

Federal H.P;:-;eJve Bank

Loans and disrounts (including-

overdta fts)

Rank ]l rPmi~<-~s owned, furn i1 ure and

fixtures

Real e:;:'atP owned other tban bank

pn'mises

Investments and otlwr assets indi-

rpetly repn'scnting bank premises

or other real f'Sia te .

Customers' liability to this bank on

ace( pta net" outstanding

Oth('r assets

~.IIi 1.:2R:5.1 .)
jZ.,:,!l~7.~0
tl7 ,ilOO.OO
:J1!1,Dfili.lf) None
None :).052. J j
ll:Ll~1.:>~

Total Asset:-;

$ H,111,0G~.\H

LIABILITIES

!)( nwnd d{po:dtf'

'

Time dtpo~its . .

Dtposit.::: of U. S. (;oVt.'l'rtmPnt

IJ...>posits of States and political

s11hdivi!:'ions

Dcpo:-,its of hanl-:s

Uthe1 deposits (certified and offi-

t'(.'rs' (_'hecsk, etc-.)

Bill::: payahl~

Acct'ptaih'l"S executed hy or for

acenu nt of this bank and out-

stnndin.[!

Other liabilities

Capital

Sunllus

LTndidde(l profits

H.es~rvcs

1:I. 11 "7 ,:-l:Jil.~)tl ~ .11-:i '(l!j,). fl:~
!.~~7,1l~:LJt-i
;; . ~;:)-;-. ::::~~ ,01
~i.:l:.i:-..~J:)j .o~
; ~ll, 0 ;:~ ..i;{ None
~),0,)~.1 j
;-),'-<. 1,:\ 10. :~j 1 ,IHJil.llOO.OO 1.:2.)0,(HI0.00
\1"7,:-wn.~.-~
None

Total Liabilitie~

;; t 1,1 H,(Hi8.91

THIRTY-SECOND Al\NUAL REPOin'

17

STATEMENT
Showing condition at the close of business December :n, 1951, of
REALTY SAVINGS BANK Augusta, Ga.
As called for by the Superintendent of Bank".

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

R. W. HARGROVE, Cashier.
Began Business: 12-23-19:1:1

ASSETS cash. haiances with other banks, in-
cluding reserve balances, and cash items in proce~s of collection. . $
United State5 Government obligations, direct and guarantted
Obligations of .States and political subdivisions
Other bonds, notes, and delwntures Corporate ~tocks ~including stock of
Fcdl>ral H('SL'rYe Bank),_.
Loans and discounts (including oycrdrafts I
Bank premises owned, furniture and
fixtures
Real estate owned other than bank premises
Inv~stments and othe1 assets indirectly representing bank premises
or othE>r rPal estate......................... Customers' liability to this bank on
acceptances outstanding Other aRsets

Total A>;scts

.s

619.:30.).:):~
4~f1 ,lUI. ILl None
4,0\J:l.O~J
None 1,:2-11 ,\J.Sfi.SD
lfi,2G~.fl6 :l,81~.;~;;
None None 0,0fi0.11 5,691 ,4"20.1:l

LIABILITIES

Deman<! deposit:.-;

$

'l inw deposits .

r:::l'posits of lJ. S. GoYI.'l"HmPnt

Detw;-:;its of States and political

suhdiYisions

J)pposits of hanks

Othe1 deposits (certified and offi-

cers' checks, etc.)

Hills payable

Acceptances executed by or for

aceount of this bank and out-

~tanding-

Other liabilith'f.>

Capital

Surplus

lJndi\'irled pJofits

HesL1'\"t'S

None
4 .~J;-,-; ,Oti~. ll) ;; , t)ti~J .(n)
:.: Ll~:?.ftO 5,000.00
None None
None
l:?,h8~)-~J;)
200,000.00 200.000.00
:?ti.S;~;)_:-.,;-:
:.:: i)~) .:1-; ;) . ;)~j

Total Liabilities

STATEl\IENT

Showing condition at the dose of business Deeernber 31. 1951, of

AUSTELL BANK Austell, Ga.

As called for by the Superintendent of Banks.

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

J. G. LUNDY. Cashier.
Began Business: 1-10-1910

ASSETS

Cash, balances with other banks, in-

cluding rescrvc balances, and cash

items in process of collcction.. !)

United States Gove1nment obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks ~including stock of

Federal Reserve Bank) ..

Loans and discounts (including

0\'erd:!:afts) ... ............................. .

Bank premises owned, furniture and

fixtures ......... . -

..

Re-al estate owne<i other than bank

premises --- Inv('stments and othet asKets indi-

rectly representing bank premises

or othPr real estate ..................

Customers' liability to this bank on

acceptances outstanding..

Other assets ..

4()7,941.2\! l.OOl,SOO.OU
:~1 ,.178.15 None
~one
4 ()7' 121.7:2 1'2,000.0() None
None None None

LIABILITIES

D<:mand deposits

... $

Time deposits

Deposits of U. S. Gonrnment

Depusits of States and political

sulldiYisions

Deposits of banks

Other deposits (certified and offi

cers' ch('cks. etc"~

Bills vayable

Aeeeptanct>s executed by or for

account of this bank and out-

standing-

Other liabilities

Cnpital

RurpJu.s

llndiYided prufits

Rt':.-:cr\"es

1.2f-i:Ll!H~.
4i;c.Ho.
S.:2:~:~.
:~!\.411.:~~--~
None
It;. j(l}J.;) None
None 5,000.00 50,000.00
1f),(lq0,(1j)
.. ~~-;- ~on.:-.;)
~one

TotHl LiaLilities

18

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

CITIZENS BANK OF DEKALB Avondale Estates, Georgia

As called for by the Superintendent of Banks.

WALTER C. HL'TCHIXS, President.
Date of Charter: 11-16-1948

M. 0. SA:\IS Cashier. ' Began Business: 8-18-1949

ASSETS

Cash, balances w!th nlher hank:-;, in-

eluding reserve balance, and cash

item.-; in process of collection ........ S

United Stales Government obliga-

tions, direct and guaranteed

Obligations of State and twlitical

subdi\isions

-::lther bonds, notes, and dchcntures

':or1Hnate ,.,.tocks ( ineiuding stock of Federal Resern~ Bank)

Luan;:, and dic-;counts ( inclucling

q\enlnlfts) .. . ......... __ .... __

..

Bank premi.:.:.es owned, furniture and

tixturt->s

Real estate o\vnc'l othet than bank

premises

Investments and other assC>ts indi-

rectly representing hank premis<'s

\)l' other real estate Ct1.~tomers' liability to thi3 hank on

-::~.cceptances outstanding

Ot~H'r asse1s

T ota 1 ~\~:-:;etc:

P<i,:~ t:~.fi:J
;jii."i,0:3-1.0ti None None None
590,030.81
None
None None ~ .185.21

LIABILITIES
_l?_emand Jeposib I ImP depo~Its .............................. . Depusit~ of 1T. S. Government Deposits of State :-~nd political
subdivisions Deposits of banks
Other deposits ( eertified and offi. cers' checks, etc. I
Bills payable Acceptance~ executed by or for ac-
count of thi~ bank and outstanding Othel" liabilities Capital Suqdu::;
l'ndiYidcd profits RE:serYes

fl:27 .922.28
:ni,:iln.oc B.~:~s.uo
I OO.Bn2.1~ None
J:;,:;r,9.ln None
None l:i,% l.1 :J 50,000.00
co,ooo.oo
:.:l,fi79..1;; None

Total Liabilitit.s

1.4SX,97R.9ti

STATEl\IENT

Showing; condition at the close of business December 31, 1951, of

THE CITfZEJ'\S BANK & TRUST COMPANY Bainbridge, Ga.

As called for by the Superintendent of Banks.

E. F. VICKERS, President.
Date of Charter: 11-8-1911

W. N. HILTO~, Cashier.
Began Business: 12-19-1911

ASSETS Cash, balances with other banks, inw
l'luding resPrVP balances, and cash items in process of collt:'ction.. :'i L.inited States Government obligation-", direct and guarantt.f'd
Ohlig-ations of ;States and political -:;ubJivisiuns
or Other bonds. noti:S, and debentures
Corporate stocks (including stock Fed.t'ral Resene Bank 1
L0ans and discounts ( inrluding OH'nlraft...;)
Brmk pn."nises owned, furniture and tixturcs
Heal estate ovvned other than bank premises
Inve~trnents and othf'r a~sets indi:pctJy represt?nting hank premises or othrr real estate..
Custompr..:.' liability tiJ thi.s hank on ;:cccptances outstanding
Other assets

2,03fi,:J:~S.R:!. 1,8;~.~.2GO.OO
None None
t;,:~oo.oo ~I.C.:1,0:'i7.:!..)
:2:). 1:~ LOO None
::\one None !1,697.:;7

LIABILITIES Dt:>mand de110sits Time deposits
Deposits of U. S. GoYernmpnt Deposits of States and political
subdivisions
Deposits of hanks
Other deposits (certified and officers' cheeks, Pte. I
Bills payable Ar~ccptances executed by or fol"
arcount of this bank and ont-
'"tnnding~Hh('l' liabilities Capital Surplus
Undividcd
RP~('l'V\'S

~.9:~7 ,:/!)0.~8
7S 1,096.77 17,:174.77
SR7,0:~7.~8 :3:H,;)97.~5
q ()ll 4~ . 'N~ne
None
lO.~O:l.4:l
:00,000.00 1"25,000.00 cl,0!9.g8
None

Total Liahilities

THIRTY-SECOND ANNUAL REPORT

19

STATEMENT

Showing condition at the close of business December 31, 19;')1, of

CITIZENS BA~K Ball Ground, Ga.

As called for by the Superintendent of Banks.

M. C. ROBERTS, President.
Date of Charter: 9-28-1926

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

ASSETS cash. balances with other banks. in-
cluding rest~rve balances, and cash items in proccs~ of collection - $ United States Government obligations, direct and guarante(>d Obligations of States and political
subdivisions Other bonds. notes, and debentures Corporate stocks (including stock of
Federal H.eserve Bank J .. Loans and discounts (including
overdrafts) Bank premi~:;es owned, furniture and
tlxtures Real estate owned other than bank
premises
Investments anci other assets indirectly representing bank premise:.-~ or other real estate..
Customers' liability to this bank on acceptances outstanding
Other assets

19f1,6.),j,95 t.l~Fi,O 11),0U
fi.OOO.OO :0:one None
None
None None
~one

Total Assets .

....... $ 1,13G,4ii7.:~0

LIABILITIES

J?,t;mand del?osits ...

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

I nne depOsits ............................... .

Deposits of U. S. Government

Depm:;its of States and political

subdiviDions .......

Deposits of banks

Other deposits (certified and offi-

cprs' checks, etc. l

Bills payable

___ _

Acceptances execut('d by or for

account of this bank and out-

"'tanding-

Other liabilities

Capital

Surpluf>

Undivided profits

Rc~er\es

813,635.37 None
21,312.B-t
IH,296.25 None
825.00 None
None 1,510.00 15,000.00 ~~?0220 ,,),.nl.t9 2,300.00

Total Liahilities

. - $ 1, 136,157 .3.)

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE BAXLEY STATE BANK Baxley, Ga.

As caiied for by the Superintendent of Banks.

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

E. 0. BRANCH, Cashier.
Began Business: 8-25-1917

ASSETS Cash. balances with other banks, in-
cluding reserve balances, and cash items in process of collection........ S United States Government obligations, direct and guaranteed ....... . Obligations of State,; and political subdivisions ..................................... Other bonds, notes, and debentures .. Corporate stocks i including stock of Federal Reserve B:-1nk) Loans and discounts (including
o\erdrafts) ---------------. .. Bank pre1ni.ses owned, furniture and
fixtures -------- ............. Real estate owned other than bank
premises --------------------- Investments and other assets indi-
rectly reprt.'.senting bank premises or othPr real estate..........
CustompJ:;' liability to this bank on accPlltances outstanding..
Other assets

919,946.00
"1 ,828.30
1:~:~.7 :J 1.'2 :~ None
-t16,575Jil
~2.?:10.G8
None
None None
2();).~:-\

Total Assets .

................. ~ 2,0:!D.6S8.i .)

LIABILITIES

Demand d.epm;its

Time deposits

Deposits of U. S. Government

Deposits of States and political

subdivisions ...... Deposits of banks

________ ..

Other deposits (certified and offi-

cers' checks, ete.)

Bills payable

__________ _

Accevtances executed by or for

account of this bank and out-

standing-

Other liabilities

Capital

Surplus

Undidded profits

HeSC'I'Ves

l,:l15,127.33 25:l,g10.10 11,796.19
2(;4,619.51 None
6,792.25 None
None 6,082.00 75,000.00 50,000.00 2G,!H 1.5;) 2l,OS9.S:2

Total Liabilitic:;

. s :2,0~9,tifi8.70

20

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of bu~iness December 31, Hl51, of
THE BLACKSHEAR BANK Blackshear, Ga.

As called for by the Superintendent of Banks.

LEO J. ALLEN, President.
Date of Charter: 8-11-1891

H. _\[~ :\IOODY, Ca:;hwr.
Began Business: 1-7-1892

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in vrocess of collection__ $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions ...

Other bonds, notes, and debentures ..

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdraft;:;)

Bank premises owned, furniture and

fi:;...tures

Real estate owned other than bank

premises ..............................................

Inv(_'stment~ and other assets indi-

rectly representing bank premises

ot other real estate....... -

Customers' liability to this bank on

acceptances outstanding..................

Other asl:3ets..........

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

414,1i81.50 6:\0,000.00
3,060.40 20,000.00
4,500.00 863,266.05
6S,8titi.l:-~
None
None None None

Total Assets

............... $ 2,004,3SO.OH

LIABILITIES

Demand depo~its

'l inH,' deposits ------

...

D<'posiis of lJ. S. Government

Deposits of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi.

cers' C'hecks, etc. I

Dills payable

.Acceptances executf'd by or for

account of this bank and out-

standipg: ................................

Otlwr lia bi 1ities

Capital

.SuqJlus

UndividEd profits

Re~wrvcs

~1 1,7:.::-d"j' ti :; ',);~:~. :'"11..:
:-~.t;:--:-..:--a
None
.!'5one
lill.i-.0
50,000.08 100,000.00
llO,j~(l.;d
None

Total Liabilities

------
-> ~.JU 1,:{1-'0JJS

STATEMENT Showing condition at the close of business December 31, 1951, of
PEOPLES BANK Blackshear, Ga.
As called for by the Superintendent of Banks.

ALVIN M. RATLIFF, President.
Date of Charter: 8-1-1946

J. A. }lcDCFFIE, Cashier.
Began Business: 8-5-1946

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash

items in process of colleetion ........ $

Un1ted States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

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

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Hescrve Bank) ..

Loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises ..............................................

Investments and other assets indi-

rectly representing bank premises

or other real estate..........................

CuE.tomers' liability to this bank on

acceptances outstanding

Othet asset~ .

482,581.11 410,65:3.72
6,:l9ii.07 None None
379,-150.61 31,5 (~l. 70 None
None None None

Total Assets .

.. $ 1,310,665.81

LIABILITIES

Demand deposits

TimP deposits

Deposits of U. S. Government

Deposits of States and political

subdivisions

DL'posits of banks

Other deposits (certified and offi-

cpn:;' checks, etc.)

Bills payable .

--

Acceptances executed by or for

account of this bank and out-

standing .................................. .

Other liabilities.

Capital

Surplus ____________ --------------

Undivided profits

Reserves

";"16,S-11).~ 1
~:--:l),:{~rl.0-1
t,:-;:r;.:!l
; :2!1,61-iil.l\1 None
1. -;:~;-,_/:, None
None Non( 50,000.00 50,000.00
1t,;j;):J.~ti
None

Total Liabilities

1,:; 10,66.).8i'

THIRTY-SECOND ANNUAL REPORT

21

STATEMENT

Showing condition at the close of business December 31, 1951, of

UNION COUNTY BANK

Blairsville, Ga.

As called for by the Superintendent of Banks

E. S. DOCKERY, P1esident.
Date of Charter: 2-18-1949

J. C. DENTON, Cashier.
Began Business: 3-1-1950

ASSETS

Cash, balances v.;ith other banks, in-

cluding re:::etTe balances, and cash

items in 11nH.:c ~s of co!L~etion

:-:;

United States Government obliga-

tions, dirnt <:nd guaranteed

Obligations cf States and IH.>litical

subdivisions

Other bnnd;;, nnlPS, and debentun's

CorporaiP ~tocks (including stock of

Fedc1al Heservc Bank

Loans and discounts (in c l u d in g

overdraft-; I

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

Bank premise~ owned, furniture and

fixtuns

Real esb.i2 uwned other than bank

premis<?::;

Investmeni '-' :md uthcr assets indi-

eectly repro.._'~enting bank premises

or other nal ~:state

Customc1..: liability to this bank on

acceptar.ce.~ tJutstawling

Other a:,set-

,S;),OOO.!JO None None None
:.":,ti9G.f)J
None
None None
LJ,l~-;-.11

LIABILITIES Demand depositc> Time devo,.its Deposits of U. S .GoYernment Depn~~its of States and political
sllhdi.:i:>inns Tl~pusits of banks Other deposits (cPrtifted nnd offl-
cer8' ehecl.s Pie.) Bills payable
..:\tceptanC'lS exceuted by or ior account of this bank and out:o:.t:uuling
Ot-her li::tbilitiPs
Capital Surnlus UrHlivided rHofit.s
He~Cl'i'es

12/,.S'ifl.;)~
1 t8,0~0.70 None
-lO,S~L:l9
None
:1, 7S6.RO None
None
~~:3~6:66 5,000.00 3.000.00 None

Total Liabilities

STATE:\IENT

Showing condition at the dose of bu,iness December :n, l9:J1, of

BANK OF EARLY Blakely, Ga.

As called for by the Superintendent of Banks.

R. C. SI!'<GLETARY, Jit., Preoident.
Date o:" Chartn: "1-3-HLH

E. T. CHAWFORD, Cashier.
Began Busincs:c;: 4-28-19H

,\~SJ;Ts

Cash. ktl:u;L'L'S \viti: otht'r lJanLs, in-

cludin.g rc:-:l'!'\'t lJal;m('f'S, :<..nd cash

iU~n::~ iT~

1't' colhdion

Unitl'(l

Govcrnnwnt obliga-

tions,

l'<'t :..1Hl ~:ilnrantccd

Ohli:::lll'lf'S

:-::ta~e" and Jlnlitical

Corporatt

t

Fed(ra! J:~ts,J\'r Ba~1l:l ..

Loans anrl di...;co1mb ( inch~<ling

O\'Prdra f'.s 1 Bank pnmi:-::".~1 c wncd, furniture and

fixtUl'('S .

..

Real cst:tte f,\, n,d oth,'r than bank

prcmists ........... .

Invc~Jtnwnt\'7, <ntd

indi-

rectly rcr~:r,.

or oth~'t' re;tl estaie....

~~I:{f~:~~;FI~1\i:;;a\~,l!~'~~ lonk on

None _\Jonp X one i 11, ~ 1i). 01
None
X one
],

Total Assc~s .

.. $ 1 ,S24.2;):l.flt)

LIABILITIES
dcJnsils po:::il.::;
of U. S. Go\'lTnn:t>I1t ,_,f States and volitical
or for acand out-

1'~:18.11 None
None
2, 1.)1).8-t
30,000.00 l :l,OUU.OO
:2u,r;sn.~7
None

22

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of
FIRST STATE BANK OF BLAKELY Blakely, Ga.
As called for by the Superintendent of Banks.

S. G. MADDOX, President.
Date of Charter: 5-6-1937

R. H. STUCKEY Cashier. '
Began Business: 5-15-1937

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection........ $

Unit('d States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdiVISIOns

.,.______________

Other bond::>, note~. anJ debentures__

Corporate stocks t including stock of

Federal Reserve Uank l -------------------

Loans and discounts (inc 1u ding

overdrafts) ...

........

Bank premises owned, furniture and

fixtures ---------------------------------------- _______

Real et"late owned other than bank

premisPs .....

......

Inve-;trnents and other assets indi-

!":-:ctly representing bank premises

or other real estate..........

Customer~ li;~Lility to this banl~ on

acceptances outstanding...

Other a;;;='ets

1,310,678.61 193,000.00 None None None
1,16:~.0~5.91
15,0 \Jl.G 1 None
None NonE:
1.00

Total As1->ets -

.... $ 2,6f'1,1\l7.0f)

LIABILITIES

Demand depo~its ...

Time deposits ... ..............

Deposits of U. S. Government -

Dcpo::;its of States and political

subdivisions ...

Deposits of banks_

....

Other deposits (certified and offi-

cers' checks, etc.) ...

Bills payable.

Ac::;erJtances executed by or for ac-

count of this bank and out-

standing-

Other liabilities

Capital

Surplus

l7ndivi(kd JH"Ofits

1,82:l,469.04 4 7~A6fi.60 4,417.76
102,117.3.) None
tl,15fi.6fl None
None
51o').'oo~'olf."o0o9
100,000.00
100,>)4.~1.-~7
10,500.00

To~:tl Liabilities

:!.t)~l.Jf17.0f

STATE.'\! EXT

Showing condition at the close of business December 31, 1951. oi

FA)ii:-IIN COUXTY BANK Blue Hidg-e, k1.

As called for by the Supel"intendent of Banks.

J. M. EATON, JR., President.
Date of Charter: 5-29-1916

BETTY RALSTO::\, Cashier.
Began Businc~;s: G-6-1916

ASSETS Cash, balances with other banks, in-
cluding reserw" Lalances, and cash items in procel')s of collection ... S United StateR Government obligations, <lirect and guaranteed
Obljgatinns of States and political subdivisions ...
Other bonds, n~)tcs, and debenture::::.. Corporah~ stocks (including stock of
Federal Rest>rve Bank l -------- Loans and discounts (including
ovcrdraftK)
Bank premises O\vned, furniture and fixture's
Real estate owned other than bank premises ____________ ---------------------- ______ _
Investments and other assets indi~ rectly representing bank premises
or other real estate.........................
Customers' liability to this bank on acceptances outstanding..................
Other assets.......

638,187.00 188,170.1::
18,000.00 None
4S7,151.6G 6,500.00 1.00
None None None

Total Assets

......... $ 1,883,406.58

LIABILITIES

Pcmand deposits

Time deposits --- ----- ______ _ D('jJOsits o.f U. S. Government

Deposits of Stales and political

suhdivisinnp, Deposits of bunks

_________ _

Othc1 deposits (certified and offi~

ccrs' dweks, etc.)

Bills payable

A C'ceptanccs executed by or for ac

count of ti1is bank and out

~tanding

Other liahilili('S

Cnnital

Rurplus

Undivided profits

Reserves

IG7,-t70.21 'itit:,Ol!l.91
1l,S78.62
20.';,:::2n.:n None
J ,22S.26 None
None 1Dn.o:: 25,000.00 50,000.00
IO.~H7.61
20.000.00

Total Liabilities

$ 1.883,406.58

THIRTY-SECOND ANNUAL REPORT

23

STATEMENT

Showing condition at the close of business December 31, 1951, of

PEOPLES BANKING COMPANY Boston, Ga.
As called for by the Superintendent of Banks.

W. E. DAVIS, President.
Date of Charter: 1-29-1947

MARY R. LEAK, Cashier.
Began Business: 4-1-1947

ASSETS cash. balances with other banks, in-
cluding reserve balances, and cash items in process of collection........ $ United States Government obligations, direct and guaranteed Obligation::;; of States and political subdivisions ... ____ _
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)_ Loans and discounts (including
overdrafts I Bank premises owned, furnih~re and
fixtures --------------------------------------Real estate uwnl"!d other than bank
premises ---- Investments and other nsseis indi-
rectly representing bank premises or other real estate......... CustomC:'rs' liability to this hank on acceptances outstanding..
Other assets

Total Ass('ts ..

......... $

195,426.55 47,027.95 1,000.00 None None 95,809.21 8,834.62 None
None None
~:Js.so 3/1:;,:~;:)7.1G

LIABILITIES

Demand devosits

.............. ,)

Time depo:5its

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

Deposits of U. S. Government_

Depo:::;its of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi-

eers' eheeks, etc.)

Bills payable

Ac-ceptances f'xecuted by or for ac-

count of this bank and out-

standing

Otnvr liabilities ..

Capital

Surplus

Undivided profit:::

Reserves __

2:-n,g45.'2;, 41,874.14 None
:~:?.,fih5.2~
None
None None
None ::\one 25,000.00 5,000.00
t~,n;;z.4~1
None

Total LiaLilities

STATEl\IENT

Showing condition at the close of business December 31, 1!151, of

THE COl\DIERCL\L B.\~K Bowdon, Ga.

As called for by the Superintend;>nt of Banks.

J. H. BARR, President.
Date of Charter: 9-22-1926

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

ASSETS

Cash. balances with other banl<s, in-

eluding reserve balances, and cash

items in process of collection ........ $

United States Government obliga-

tions, direct and guaranteed

Obligationg of States and political

subdivisions ...

. ...

Otiwt bond~. notes, and debentures

Corpora t(~ stocks ( induding stock of

Federal Res0rvc Bank) ..............

Loans and discounts (including

overdrafts) ---------

Bank premises owncLI, furniture and

fixtures .. -------- .................................... .

Real estate owned other than bank

premises ..............................................

Investments and other assets indi-

rectly representing bank premises

or other real estate..........................

Customers' liability to this bank on

aceeptnnces outstanding..................

Other assets _

579,476.14 712,871.88
9,200.00 None None
1,500.00 None
None None None

Total Assets .

.......... $ 1,598,092.12

LIAniLITIES

Demand dPnosits .... ..............

.... $

Time deposits ....

Deposits of U. S. Government_

Deposits of States and political

suhdivisions .......

Deposits of banks

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

Acceptances executed by or for ac-

count of this bank and out-

standing

Otht'l' liabilities.

Capital

Surplus

Undivided profits

Reserves ....

1.2t;7,::::lJ.:;l
1.6~7.:'-":"
None
116,F:f)~. fll None
17,207.1.~
None
None NonC> 25,000.00 50,000.00
~0.000.00
22,141.10

Totc<tl Liabilities

$ 1,598,092.1~

24

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of
BRASELTON BANKING COMPANY Braselton, Ga.
As called for by the Superintendent of Banks

GREEN BRASELTON, SR., President.
Date of Charter: 12-13-1948

JOHN 0. BRASELTOI\, .JR., Cashier.
Began Business: 12-18-1948

ASSETS

Cash, balances with other banks, in-

cluding reserve balanees, and cash

items in procc.s~ of collection

.. S

United States Government obliga-

tions, direc~. and gum::mteed .......

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (inclUiling stock of

Federal Ue~-;crvt~ Bank)

Lnans and discounts (including

overdrafts'

Bank premises owned, furniture and

ii.xturcs

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

Real estate owned other than bank

premises

Investments and other assets indi-

rectly reprE':;enting bank premiset'i

or othet rf'al estate

Customers' liability to this bank on

acceptances outstanding

Oth~:.r as~ets

Total Assets

91,:2::?6.1:~ ~06,121.:3~
None None None
10,S~8.78 1 .~;D:).fH)
None
None None
:2~:;.4:{

LIABILITIES

Demand deposits

...... $

Time deposits

Deposits of U. S. Go\ernment

Deposits of States and political

subdivisions Deposits of banks Other deposits (certified and offi-

cel's' checks, etc.)

Bills payable Acceptances executed

by---~-~----f:~-r

aecount of this bank and outstanding
Other liabilities Capital

Surplus l Tndidded nrofits Iteserves

247,.)-l0.-14 None None
:J"i.OOO.OO None
402.0() None
None None 25.000.00 50.000.00 10 .4!l!l.34 None

Total Liahilitie5>

$ .')GS, 791.93

STA TE!VIEN'f

Showing condition at the close of business December 31, 1951, of

COMMERCIAL & EXCHANGE BANK Bremen, Georgia

As called for by the Superintendent of Banks.

.J. G. MANGHAM, SR., President.
Date of Charter: 1-18-1949

H. M. WOODS, Cashier.
Began Business: 2-1-1949

ASSETS Cash, balances ,,ith other banks, in-
cluding rescnTe balance, and cash items in I;rocess of collection .. S
United States Government obligations. direct and guaranteed
Obliga~il~n_s of State and political
subdtnswns ---- ----- ------- ----- Other bonds, notes, and debenture~ Cor-porate ::;tocks (including stock of
Federal Reserve Bank) Loans and discount-; (including
ov!:'rdrafts) ---------------- ----- . Bank premises O\vned, furniture and
fixtures Real estate O\vned other than bank
premises
Investments and other assets indirectly representing bank prcn1ises or other real estate
Customers' liability to this bank on accentanccs out::~tanding
Other assets

1 ,0:1n.~42.52 ,112.000.00 21,000.00 None None 5 1::),261.59 1,361.67 None
None None None

Total As;;ets .

. $ 2.029.871.7S

Dcmantl dPnosits LIABILITIES .... s
Time deposits ------------------- D,_,posits of U. S. Government
Deposits of States and political suhllivisinns _______ _
Deposits of hanks Other deposits (certified and offi-
cers' cheeks, etc.) ...
Rills payable Acceptances executed by or for ac-
counts of this bank and outstanding
Othvt liabilities ... Capital Surplus
Undivided vrofits ... Reserves

1.410.118.31 ~~~.~~;J}I S.J,i)d0.2-l
7~.~04.'i0 G.:J~S.35
~.77:3.72
None
None
1 ;:;,r;oo.oo
50.000.00 50.000.00 42,893.10
None

Total Liabilities .

.......... $ 2.029,871.78

THIRTY-SECOND ANNUAL REPORT

25

STATEMENT

Showing condition at the close of business December 31, 1951, of

FARMERS & MERCHA~TS BANK Brooklet, Ga.

As called for by the Superintendent of Banks

T. E. DAVES, President.
Date of Charter: 2-4-1948

H. l\1. ROBERTSON, JR., Cashier.
Began Business: 2-17-1948

ASSETS Cash, balances with other banks, in-
cluding resene balances, and cash items in process of collection.. :!i United States Government obligations, direct and guaranteed Obligations of States and political subdivisions Other bonds, notes, and debentures __ Corporate ::>tacks (including stock of Federal Rt:>sen e Dank) Loans and di::3counts (including overdrafts) Bank premises owned, futniture and fixtures Real estate o,vned other than bank premises Investments and other assets indirectly representing bank premises or other real estate_ Customers' liability to this bank on acceptances outstanding Other asscb
.......... $

1;~7.776.6:1
50,000.00 None None None
7 50.00 None
None None None 628,252.;)3

LIABILITIES Demand deposits Time deposits Deposits of U. S. Government Deposits of States and political
sul)(livisions Deposits of banks Other deposits ( certiiled and offi-
ccls' checks, etc.) Bills payable
Acceptances executed by or for
account of this bank and outstanding Other liabilities Capital
Su1plus
Undivided p1ofits Heservcs

512,51:3.71 58,878.8:3 None
:J,861.6:J None
1,910.0:3 None
None None 25,000.00 1ii,OOO.OO 6,558.31 5,000.00

Total Liabilities

.$

STATEMENT

Showing condition at the close of business December 31, 1951, of

HARALSON COUNTY BA~K 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

ASSETS

('ash, h::iaHL'CS ~.vith othee banks, in-

cluding n.'st:>rvc balances, ancl cash

items in pl'OCC'S3 of collection .. ____ $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

...... .

Other bnnJs, note-s, and debentures

Corporate 8tocks \including stock of

Fed~>ral He serve Bank l .................

Loans and discounts (including

overdrafts) ........... -... -...-.................... .

Bank premises owned, furniture and

fixtures ......................... _.................-..

Real estate owned other than bank premises ........................................ _____ _

Investments and other assets indi-

rectly representing bank premises

or othcT real estate..........................

Customers' liability to this bank on

acceptances outstanding

Other assets .........................................

490,118.(\8 392,413.08
16,913.GS None None
25,825.16 1.00
None None None

Total Assets ---------- ............ $ 1,319,:189.13

LIABILITIES

Demand deposits .............................. . S

Time deposits

Deposits of U. S. Government

Deposits of States anU political

subdidsions .......................................

Deposits of banks

Other ({(oposits (certified and offi-

cers' checks, etc.) ... Dills payable ----- ____________________ ------ _

;\cc<:ptnnces executed by or for ac-

count of this bank and out-

standing

___ ------------------------

Other liabilities Capital_

Surplus ..........................................

Undivided profits

Heserves .

1,051,16:1.28 18,:337.75 1,06B.92
126,888.94 None
2,689.16 None
None 4.000.00 40,000.00 40,000.00 31,796.08 3,145.00

Total Liabilities . --------............ $ 1,319,389.13

26

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

BUENA VISTA LOAN & SAVINGS BANK Buena Vista, Ga.

As called for by the Superintendent of Banks.

CLARKE W. DUNCAN, President.
Date of Charter: 9-22-1887

ARTHUR D. LOWE, Cashier.
Began Business: 9-1-1889

ASSETS Cash. balances with other banks, in~
eluding reserve balances, and cash items in process of collection ....... $

United States Government obligations, direct and guaranteed

Obligati?ns of States and political

subdlVISIOTIS ... . .......... .

Other bonds, notes, and debentures Corporal<! stocks (including stock of

FedPral Reserve Bank l ...

. ....

Loans and discounts (including

overdrafts)

Bank premises 0\vncd, furniture and

fixtures

______

_________ _

Real estate owned other than bank premises ... . . ..........
ln\estmcnts and other ass.ets indi~ rertly repnsenting bank premises
or other real estate...........

Customers' liaLility to this bank on acceptances outstanding__

Other assets..

518,110.57
~81,500.00
U :3,5GK.Ul None None
2.00 1.00
None None None

Total A~~Ns

1 ,:H-i4,il;-l~.:z t

LIABILITIES

!(~mand dei_'osits

$

.. 1me deposits --------------- Deposits of U. S. Government Deposits of States and political
subdivisions

DE. posits of hanks..

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

Other deposits (certified and offi-

cers' checks, etc. ) . Ili!ls payable

Acce~Jtances executed by or for ac~

count of this bank and out

standing

Othe1 liaUlitics ...

Capital Surplus

Undivitlul 1-rofits

HPSL'l'\C:-;;

8779o:60a46'':210" 1,617.10
229,675.66 None
2,068,16 None
None None 30,000.00 <iO,IIOO.OO
1,.~91.95
90.000.00

Total Liabilities

STATEi\IENT

Showing condition at the close of business December 31, 1951, of

BUFORD COl\UIERCIAL BANK Buford, Ga.

As called for by the Superintendent of Banks.

JOHN D. CARTER, President.
Date of Charter: 1-18-1946

J. F. HAMILTO?\, Cashier.
Began Business: 2-11-1946

ASSETS Cash, balancc>s with other banks, in.
eluding rESE_TVt balances, and cash it('ms in nrocet;s of coll(ction........ $ United States Government obliga... tions, direct anU guaranteed Obligations of StatCs and political
suhdivi"'imJs ---------- --- Other bonds, notes and d~~bcntures Corporate stocks f including stock of
Ft'deral Reserve Bank l .................... Loans and discounts (including
overdrafts) ------ ............... _.... . Bank premises owned, furniture nnd
fixtures -- .. ---------- --- --- .. Real estate owned other than bank
premises ---- ---------------------- ___________ _ Investments and other assets indi.
rccLiy representing bank premises
or other real estate.......................... Customers' liability to this bank on
acceptances outstanding__ Other assets

Total Assets ....

...... s

287,441.18 951,835.87
zs.J :~s.:w
None None 32 j ,864.40 3,393.17 None
None None 7g2.21
1,59~,404.13

LIABILITIES

Demand deposits .....

_$

Time deposits .....

--

Deposits of U. S. Government

Deposits of States and political

subdivinions

Deposits of banks

_

Other deposits (certified and offi

C('rs' checks, etc. J

Hills payable

~~~ ..~

Acceptanct:s executed by or for ac-

count of this bank and out

standing

___ _

Othf'r liabilities .

Capital Surplus

_________________ .,_

Undivided profits .... Hescrves ..........

9fJ1,40b.95 40,:)82.53 6,017.69
4S:l,7~1.56
None
None None
Nont 490.00 50,000.00 25,000.00 20,807.90 5,235.50

Total Liabilities

$ 1,593,404.13

THIRTY-SECOND ANNUAL REPORT

27

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE CITIZE?IIS STATE BANK Butler, Ga.

As called for by the Superintendent of Banks.

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

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

ASSETS cash. balances with other banks, in-
cluding res2rve balances, and cash items in vrocess of collection ........ S United States Government obligations, direct and guaranteed _______ _ Obliga~i<;m_s of States and political
suhdlVlSlOTIS .............................. .
Othel' bends, notes, and debentures.. Corporate stocks (incluUing stock of
Federal Reserve Dank) .. Loans and discounts (inc 1u ding
overdrafi8) Bank premises o'vned, furniture
and fixtures Real estate owned other than bank
premises Investments and other assets indi-
rectly representing bank premises or other real estate.. CustomE'r~ liabilit,y to this bank on acceptances outstanding Other as:sets
Total A~se1s

688,081.97 855,000.00
7,116.31 None None
189,1 Hl.liS 1.00
3,:;:'!o.uu
None None None

LIABILITIES

Demand deposits

.... ~

Time deposits ______ ---

Deposit~ of U. S. GoYernmcnt

Deposits of States and political

subdivisions .......

Deposits of banks _________ _

Other deposits (certified and offi-

cers' checks, etc. ) .......

Bills payable

Aecep tanccs ex('cutcd by or for ac-

count of this bank and out

standing

___ ---------------------

Other liabilities . ------ Capital

Surplus

lindiYided profits

Reserves -

1,109,8:12.43 None None
206,066.40 None
:J,fi0!i.35 None
None 3,750.00 15,000.00 30,000.00 71,114.76
None

Tob.l Liabilities

1,742,6f.S.~lt",

STATEl\1 ENT

Showing condition at the close of business December 31, 1951, of

BANK OF BYROl\1 VILLE Byromville, Ga.

As called for by the Superintendent of Banks.

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

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

ASSETS Cash. balancc>s \vith other banks, in-
cluding l"CSlTvc balances, and ca~h items in IJrocess nf collection.. ___ S Uniled Si.ntcs Government ohligatiuns, direct and guaranteed Ohliga~i~n.s of States and political su bdt \'I ~Ions ....................... - Other bonds, n(Jtt'S. and dc>brJnturcs
Corporate stocks (including stock of Federal RC'serve Bank)
Loans and discounts (including overdrafts)
Bank prcmi;::p:-::; ov-.:ncd, furniture
and fixtures ................... Real estate owned other than bank
premises -- ___ .......... ----- ----------Investments and other assets indi-
rectly representing- bank premises or oth(r real estate........................ .. CustomPrs' liability to this bank on acceptances outstanding Other assets

Tota I Assets .

....... $

21:1,87:1.48 75,000.00 None None None
319,863.28
3r.o.oo
None
None None None 639,086.76

LIABILITIES Demanfl deposits Time depo~its ............................... . D(posits of U. S. Government Deposits of States and political
subdivisions .......
Deposits of banks Other deposits (certified and offi-
cers' checks. etc.) Bills payable
Acceptances executed by or for ac-
count of this bank and outstanding
Gthcr liabilities Capital Surplus UndividC'd Ilroflts Reserves .

f.ilR,594.:!7 28,508. 7!! None
29,1 05.0R None
1,901.41 None
None 2,6fi0.0f) 30,000.00 10,000.00 18,327.21
None

Total LialJilities

.$ 639,086.7\;

28

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

CAIRO BANKING COMPANY Cairo, Ga.

As called for by the Superintendent of Banks.

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

T. R. HESTER, Cashier.
Began Business: 1-1-1900

ASSETS Ca~h. balances with other banks, in-

cluding reserve balances, and cash items in process of collection _. $

United States Government obliga-

tions, direct and guarantced

Obligations of States and political

subdivisions

Other bonds, notes, aud debentures

Corporate stocks (including stock of

Federal Rcstrve Bank)

Loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises

____ _

Investments and other assets indi-

rectly representing bank premises

or other real estate

------

Customers' liability to this bank on

acceptances outstanding

Other assets

1,210,602.90 669,000.00
56,625.7:~
None None 1,G81,779.1J 10,000.00 None
None None :l,OG'i .:;1

Total As'3ds

..... $ 3,511,075.:)\1

LIABILITIES

Demand deposits

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

Time deposits -

Deposits of U. S. Government ........

Deposits of States and political

suhdi\'lsions

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

Deposits of banks

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

Other deposits (certified and offi-

cers' checks, etc.) .

Dills payable Acceptances executed by or for ac-

c0unt of this bank and out~ standing

Other liabilities

Capil:oJ Surplus

_____________________ _

Undivided profits

Resenes

1,873,107.23 1,192,410.56
4'i ,40-1.56
198,014.62
1a.ooo.oo
6,634.84 None
None 6,320.33 75,'JOO.OO 60,000.00 39,18:l.25
None

Total Liabilities

... $ 3,511,075.39

STATEMENT

Showing condition at the close of business December 31. 1951, of

CITIZENS BANK Cairo, Ga.

As called for by the Superintendent of Banks.

W. KYOUNG, President.
Date of Charter: 12-3-1903

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

ASS~;TS

Cash, balances \vith other banks, in-

eluding reserve balances. and cash

items in nroce~s of collection .... S

United States Government obHga-

tions, ditl~CL and guaranteed

Obligations of States and political

,ubdivisions

Other l:onds, noics, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)_

Loans and discounts (inc l u Uin g

overdraft~)

Bank premises owned, furniture and.

fixture~

Real estate owned other than bank

premises

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

Investments and other asRets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

accepb.nces outstanding.......

Other assets ...............................

456,000.00
zs,s"1o.:~1
None None 829,.169.84
None
None None 2,897.81

Total Assets _.......

.... ......... $ 2,161,64!.37

LIABILITIES

Demand deposits

......... $

Time deno3it:s ------------------

DC'vosits of U. S. Government

Deposits of States and political

subdivisions

Depo~its of banks

Other deposits (certified and offi-

cPrs' checks. etc.) ......

Dills payable

Acceptances executed by or for ac-

C(unt of this bank and out-

standing

Other Liabilities .

Capital

Surplus

Undivided profits

Hcserves

1,17D,8:1:i.57
590,:)~10.64 o.~R9.64
150,2!15.08 <17 ,:511.11
8,B8ii_88 None
None
:1,o::o.oo
50,000.00 90,1100.110
5,087.86 38,655.59

Total Liabilities ......

........ $ 2,164,641.37

THIRTY-SECOND ANNUAL REPORT

29

STATEMENT

Showing condition at the close of business December 31, 1951, of BANK OF CAMILLA Camilla, Ga.

As called for by the Superintendent of Banks.

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

J. E. BROOKS, JR. Cashier.
Began Business: 1-2-1890

ASSETS
cash, balances v.dth other banks, including reserve balances, and cash items in process of collection ..... S
United States Government obliga-
tions, direct and guaranteed ........ Obliga~i~n_s of States and political

subdiVlSIOllS - --
Other bonds, notes, and debentures

Corporate stocks I including stock of

Federal Reserve Bank)..

. ...... .

Loans and discounts (including

Overdrafts J

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises

___ _

Investments and other assets indirectly representing bank premises
or other real estate_ Customers' liability to this bank on
acceptances outstanding
Other assets

451,000.00 :35,400.00 None None
489,217.72 3,854.80 1.00
None None None

Total Assets

. $ 1,167,587.6;)

LIABILITIES

Demand deT)osits . .

...... $

Time deposits .............................

Deposits of U. S. GoYernment

Deposits of States and political

subdivisions

D'posits of banks

Other deposits (certified and offi-

cers' ch12cks, etc.)

Bills payable

Acceptances executed by or for ac-

count of this bank and out-

standing _

Otht'r liabilities

Capital . __

Surplus ..

Undivided profits

Resel"H's

625,611.37 92,311.61 20,6-18.7-;
323,211.90 None
~5,53l.i!l
None
None 124.50 25,000.00
:Jo,ooo.oo
,),144.'11 20,(100. 00

Total Liabilities

____ $ 1,16<,587.65

STATEMENT

Showing condition at the close of business December 31, 1951, of

PLANTERS & CITIZENS BANK Camilla, Ga.

As called for by the Superintendent of Banks.

E. J. VANN, JR. President.
Date of Charter: 9-20-1904

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

ASSETS Cash, balances with other banks, in-
ci,Jding reserve balances, and cash items in process of collection -- $ United States Government obligations, direct and guaranteed Obliga~i<;m.s of States and political SubdlVISlOnS ........................................ Other bonds, notes, and debentures Corporate stocks (including stock of Federal Reserve Bank) ___________ ______
Loans and discounts (including
overdrafts) ... .. -- Bank premises owned, furniture and
fixtures ------------------Real estate owned other than bank
premises .............................................. Investments and other assets indi-
rectly representing bank premises or other real estate__________
Customers' liability to this bank on acceptances outstanding
Other assets............

1,334,010.37 286,000.00 16,4 99.95 None None
1,110,613.61 24,000.00 None
None None None

Total Assets

-. - $ 2,771,123.96

LIABILITIES

Demand deposits ...

....... $

Time deposits .

Deposits of U. S. Gove-rnment

Deposits of States and political

subdivisions ...................

Deposits of banks

Other deposits (certified and offi-

cers' checks, etc.) Bills payable_______ _

Acceptances executed by or for ac-

count of this bank and out-

standing

Other liabilities ..

Capital

Surplus

Undivided profits .

Reserves

1,583,306.55
702,537.1~~
23,179.83
286,863.82 None
6,750.5o None
None None 50,000.00 100,000.00 18,485.45 None

Total Liabilities ...

- $ 2,771,12:3.96

30

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF CANTON Canton, Ga.

As called for by the Superintendent of Banks.

E. 0. McFATHER, President.
Date of Charter: 11-17-1892

L. L. McCAN_LESS, Cash1er.
Began Business: 12-18-1892

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash

items in proces~ of collection ........ S

United States Government obHga-

tions, direct and guaranteed

Obligations of States and political

subdivision~

Other bonds, notes and debentures

Corporate stocks (including stock of

Federal Reserve Bank)------------ ____

Loans and discounts (inc Iu ding

ovedrafts)

Bank premises owned, furniture and

nxtures -

--- - --.

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate__~

Customers' liability to this bank on

acceptances outstanding__

Other assets ...

920,55,1.66 2,0S.S,:2:50.00
171,0~fJ.:~~
2-1,9'7:3.'7 1 None
l,:n1,567.'7ti 22,75:3.1:1 5,147Ji0
None None 727.20

Total Assets - ------------------ -------- $ 4,515,000.31

LIABILITIES

Demand deposits

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

Time deposits --- ... .

Deposits of U. S. Govt>rnmcnt ........

Deposits of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi~

cers' checks, etc.)

Bills payable_

Acceptances executed by or for ac~

c-ount of this bank and out~

standing

Other liabilities

Capital

Surplus

Undivided profits

RPserves

2,429,968.04
1,252,~18.50
12:3,045.79
224.98:3.68 80,487.31
11,318.52 None
None 57,421.71 100,000.00 100,000.00 112,613.77 19,242.99

Tota 1 Liabilitie-;

$ 4,/)15,000.31

STATEMENT

Showing condition at the close of business December 31, 1951, of

ETOWAH BANK Canton, Ga.

As called for by the Superintendent of Banks.

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

N. E. FACKLER, Cashier.
Began Business: 1-29-1927

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in Jlrocess of collection -- $

United States Government obliga

tions, direct and guaranteed - -

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdraft<)

Bank premises owned, furniture and

fixtures ____ .. __ _ --------- ---- _ _

Real estate owned other than bank

premise~ ......... ..

______ ........

Investments and other assets indi

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other assets...........

1,164,401.91 8:)4,150.00 2,000.00 None None
1,578,061.14 2-1,134.76 None
None None None

Total Assets --------- ------------------- ------ $ 3,602,747.81

LIABILITIES

Demand deposits ...

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

Time deposits

Deposits of U. S. Government .

Deposits of States and political

subdivisions ...

Deposits of banks

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

____ _

Acceptances executed by or for ac-

count of this bank and out-

standing

Other liabilities

Capital

Surplus ..................

Undivided twofits

Reserves

1,9:l8,481.97 1,200,405.02
28,258.64
154,189.58 :35,667.95
6,082.54 None
None 259.41 100,000.00 125,000.00 11,102.70 None

Total Liabilities

- -- $ :1,602,747.81

THIRTY-SECOND ANNUAL REPORT

31

STATEMENT

Showing condition at the close of business December 31, 1951, of THE PEOPLES BANK OF CARROLLTON Carrollton, Ga.

As called for by the Superintendent of Banks.

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

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

ASSETS

cash. balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... $

United States Government obliga-

tions, direct and guaranteed ,, ,,

Obliga~i'?n_s of States and political

subdivisiOns -- ---- ---------

----

Other bonds, notes, and debentures

Corporate stocks (including stock of Federal Reserve Bank) _________ --- ..

Loans and discounts (inc Iu ding

oYtrdrafts)

Bank premises owned. furniture and

fixtures

___ ---

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate-"-Customers' liability to this bank on

acceptances outstanding__

Other assets.....................

1.270,795.3! 1,737,400.00
None 10,000.00
None
l,l!JB,-1~0.27
:20,()01.00 None
None None None

Total Assets .

, $ 4,144,617.0R

LIABILITIES Demand deposits . ............................ ~ Time deposits______ ____ -------------
Devosits of U. S. Government --Deposits of States and political
subdivisions --- . Deposits of banks ____ __
Other deposits (certified and officers' checks, etc. l
Bills payable _____ __________________________ _
Acceptances executed by or for account of this bank and outstanding _
Other liabilities
Capital Surplus
Undivided profits Reserves

:l.~f>l,10:l.24
None 9o,oso.:Jo
427,839.96 None
9,922.6;"") None
None None 100,000.00 100,000.00 67,109.69 9:l,291.24

Total Liabilitie:-->

.,, """ $ 4,144.6!7.0~

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE CARTERSVILLE BANK Cartersville, Ga.

As called for by the Superintendent of Banks

S. LUKE PETTIT, President.
Date of Charter: 11-20-1947

WALTER B. ATWATER, Cashier.
Began Business: 11-19-1948

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... S

United States Government obliga-

tions, direct and guaranteed - Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank) Loans and discounts ( inc I u ding

o\erdrafts) .... ----- ....... . Bank premises owned, furniture and

fixtures --------- ....... . Real estate owned other than bank

premises

__ _____ .. ----

---

Investments anrl other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other ao;sets

Total Assets

~91,813.1:~
66R,417. S2 :~S.:':i12.!5 I NoneNonE'
ti71,8S6.fl~l H1,71:2,;)~
None
None Nont>
1,!36!~.5~

LIABILITIES

Demand deposits Time deposits -

""'""""'" $

Deposits of U. S. Government

Deposits of States and political

subdivisions ----- .

Deposit::> of banks Other deposits ( certif1ed

--~r{~f"-

offi-

cers' checks, etc.) ...

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided profits

H.esenes

903.992.\0 365,975.95
61,547.86
175,074.08 None
2,791.90 None
None 1:),4:):3.88 100,000.00 50,000.00 19,900.ii1
None

Total Liabilities

t l,fifl.t,i:~t).:{

32

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

COHUTTA BANKING COMPANY Chatsworth, Ga.

As called for by the Superintendent of Banks.

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

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

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash items in process of collection ____ $

United States Government obliga-

tions, direct and guaranteed Obligations of States and political

subdivisions ...

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)__

___ _

Loans and discounts (inc 1u ding

overdrafts) ..........................................

Bank premises owned, furniture and

fixtures ------ ........ ----------------------- ....... . Real estate owned other than bank

premises ........---------------- Investments and other assets indi-

rectly representing bank premises or other real estate__

Customers' liability to this bank on acceptances outstanding__________________

Other assets............................................

---T-o-ta-l-A-s-s-et-s -. ---------- ............. $

593,285.00 21,000.00 None None
-113,761.54 :!,000.00 500.00
None None None 1,536,946.10

LIABILITIES

Demand deposits .

$

rrime deposits

Deposits of U. S. Government

Deposits of States and political

subdivisions

D(posits of banks

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

Acceptances executed by or for ac-

count of this bank and out-

standing _

Other liabilities

Capital

Surplus

Undivided profits

Rese1ves

Total Liabilities

STATEMENT

1~:3,1:38.30
None
466.42 None
None 1,250.00 25,000.00 -15,000.00 11,900.11
:211,:390.i9
1.5:l6,94ti.!O

Showing condition at the close of business December 31, 1951, of

BANK OF CHICKAMAUGA Chickamauga, Ga.

As called for by the Superintendent of Banks.

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

W. H. EDWARDS, Cashier.
Began Business: 5-10-1910

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collec-tion........ $

United States Government obliga-

tions, direct and guaranteed Obliga~i~n.s of States and political
subdlVlSlOllS ....................................... .

Other bonds, notes ,and debentures

Corporate stocks (including stock of

Federal Reserve Bank) __ Loans and discounts (inc 1u ding

overdrafts) .................................... .

Bank premises owned, furniture and

fixtures ...................

Real estate owned other than bank

premises

____ _

Investments and other assets indi-

rectly representing bank premises

or other real estate __

Customers' liability to this bank on

acceptances outstanding__

Other assets................

Toto] Assets

262,97 5.16 812,557.61
None 55,000.00
None 504,876.25
16,518.00 None
None None None 1,651,927.02

LIABILITIES

Demand df'!Wsits .

$

Time deposits ----------- Deposits of U. S. Government

Deposits of States and political

subdivisions Deposits of banks _

.. _______ _

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

................. ~~

Acceptances executed by or for ac-

count of this bank and out-

standing

Other liabilities Capital

Surplus

Undivided profits

Reserves

<90,856.9:1 592,970.30
;30,H~O . .f9
~):!,3:39.65
None
:1,051.92 None
None 6,55G.IR 50,000.00 50,000.00 :!:>,174.25
None

Total Liabilities

.... -~ 1.63l,fl21.0~

THIRTY-SECOND ANNUAL REPORT

33

STATEMENT

Showing condition at the close of business December 31, 1951, of

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

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... $

United States Government obliga

tions, direct and guaranteE>d ........

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)_

Loans and discounts (including

overdrafts)

Bank premi.oes owned. furniture and

fixtures

___ _

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding __

Other assets _

Total Assets .

;oo,lo9.68 '";80,1:23.61
~.500.00
None None 445,:22fl..1,")
2.00 ::.-.Jone
None None None

LIABILITIES

Demand deposits

Time deposits --

.. ---

Deposits of U. S. GoYernment

Deposits of States and political

subdivisions

Dt>posits of banks ___

----- __

Other deposits (certified and offiw

cers' checks, t::-tc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liahilitif:s

Capital

Surplus

Undivided profits

Reserves

l.OO.J,So< .06 277 ,;)05.85 H,14:i.69
485,600.05 None
1,(J';i),l4
None
None 26.23 25,000.00 25,000.00 101,01:1.70 None

Total Liabiliti(s

.. $ 1,928,0:?:).';4

ST ATE.M.ENT

Showing condition at the close of business December 31. 1!!51, of

HABERSHAM BANK Clarkesville, Ga.

As called for by the Superintendent of Banks.

W. F. HOLCOMB, President.
Date of Charter: 5-13-1904

W. W. DUNSON, Cashier.
Began Business: 5-1904

ASSETS

Cash, balances with other banks, inw

eluding reserve balances, and cash

items in process of collection ..... $

United States Government obliga-

tions, direct and guaranteed Obliga~i?~s of States and political

subdnnswns ................... ..... -

Other bonds, notC's, and debentures

Corporate stocks (including stock of

Federal Rcsne Bank)

__ _

Loans and discounts (including

overdraft~ 1

-------

Bank premises owned, furniture and

fixtures ------------- ---

Real estate owned other than bank

premises

____ _

.

Investments and other assets indi-

rectly representing bank premises or other real estate ____ _

Customers' liability to this bank on

acceptances outstanding __

Other assets........................................

29~.039.08
610,700.00 6.000.00 None None
14,-103.74 None
None None None

Total Assets

1,551.446.71

LIABILITIES

Demand der>osits

. __ $

Timt> deposits

Deposits of U. S. Go\Pl'nment

Deposits of Stat(JS and political

subdivisions

Deposits of banks

Other deposits ( ccdif1ed and offi-

cers' check~. etc.)

Bills payable

Acceptances exPcutcd by or for

account of this bm1k and out-

stanrl.ing

Other liabilitie~

Capital

Surplus

Undivided nrofits

Reserves

907.<00 ..J3 4<1,714.90
9,SI:l.11
~:>.000.00
None
l.~S2.!l8
None
None None
~5.000.00
75,000.00
~h.';'8F:.72 ;)_,).1().94

Total Liabilitit-~

l,;;.-,l,~lh.71

34

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE CLAXTO~ BANK Claxton, Ga.

As called for by the Superintendent of Banks.

W. L. ADAl\IS, President.
Date of Charter: 2-24-19-H

ROY STYLES, Cashier.
Began Business: 2-24-1941

ASSETS

Ca~h. balances with other banks, in-

cluding reserve balances, and cash

iten1s in pron~ss of collel'lion.. S

United States Government obliga-

tions, direct and guaranteed

Oblig::~tions of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans anrl discounts (inc I u ding

Ohrdrafts 1 ----------------------- .. -- .. -.. _________ _

Bank premises O\Vned, furniture and

fixtun's

Real estate owned other than bank

Dremises ln~estments and other assets indi-

rectly representing bank premises

or other real estate

Cu.;:;:tomers' liability to this bank on

acceptance3 outstanding

Other as5ts..

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

130,100.00 1R/,081.87
None None
357,223.:~1
802.07 None
None None None

Total Assets

1,031,990. 7!)

LIABILITIES Demand derosils Time depo~its . DC'pmdis of U. S. Government Dl'posit.s of States and political
subdivisions Deposits of bank& Othet deposits (certified and offi.
cers' checks, etc.) Bills payable_
Acceptances executed by or for
account of this bank and outstanding
Other liabilities _ Capital Surplus
Undivided profits
Reserves

702,800.84 G:l,l Dl.70
s, 118.25
116,1S1.40 None
~.~61.62
None
None None 50,000.00 60,000.00
:15,4:~3.98
None

Total Liabilities

.................. $ 1.034.~l!)0.79

STATEMENT

Showing condition at the close of business December 31, 1951, of

TIPPINS BANKING CO., INC. Claxton, Ga.

As called for by the Superintendent of Banks.

R. R. TIPPINS, SR., President.
Date of Charter: 8-30-1940

S. J. WATERS, Cashier.
Began Business: 9-3-1940

ASSETS

Cash, balances with othet banks, in-

cluding reserve balances, and cash

items in rn-occss of collection

~

United States Government obliga.

tions, direc-t and guaranhed

Obligations of States and political

subdivi~ions

Other bonds, notes. and debentures..

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc I u ding

ov('rdrafts)

Bank premises O\Yned. furniture and

rixtures

Real estate o-..vned other than bank

p rem iscs

Investmentf: and other ansets indi-

rectly rep resenting bank premises

or other real estate

cu~tomers' liability to this bank on

acceptances outstanding_

Other assets.. ................................

Total Liabilities

407,310.il1 4B-1,ri"S.7:)
30,;)86.92 None None
1!):!,779.SO l.O:Zl.59 None
None None None
1,1~1.17-LSR

LIABILITIES

Demand Deposits ................................. $

Time deDosits .................................

DE'po~dts of U .S. Government

Deposits of States and political

subdivisions

Deposits of banks_

..... .

Othe" deposits (certified and offi-

cers' checks, etc.)

Bills payable

Acceptance::> executed by or for

account of this bank and out-

standing

Other liabilities _

Capital

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

Surplus

Undivided profits

Rc::;ervc~

8;)7 ,!)95.88 109,R55.00
8,761.46
18,817.92 None
5,2fi8.98 None
None None 25,000.00 50,000.00 13.1 !10.39 2,:lll0.00

Total LiahilitiE.'s

1,121,17-1.58

THIRTY-SECOND ANNUAL REPORT

35

STATEMENT
Showing condition at the close of business December :n, 1951, of

BANK OF CLAYTON Clayton, Ga.

As called for by the Superintendent of Banks.

J. C. DOYER, President.
Date of Charter: G-30-1904

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

ASSETS Cash. balances with other banks, in-
cluding reserve balances, and cash items in Jlroce::-s of collection .... $
United States Government obligations. direct ar.d ~uaranteed
Obligations of States and political
sut.divisions Other bonds. notes, and debentures
Corporate stocks (including stock of Federal ReserYe Bank)
Loans and discounts {inc 1u ding
overdrafts 1 Bank premises o'vned, furniture and
fixtures Real estate o\vncd other than bank
premises Investments and other assets indi-
rectly representing bank premises or other real estate ____ _
Customers' liability to this bank on acceptances outstanding _
Other assets..

;)-!6,6;);).64 629,.500.00
7,016.18 None None
212,701.\ll !1,400.00 None
None None None

Total Asset..:

1,'!65,271.:J;j

LIABILITIES

Demand Deposits ................................ $

Time deposits _ _____

D0posits of U. S. Government

Deposits of States and political

subdivisions

Depmdts of banks

Other deposits (certified and offi.

ct~rs' checks, etc.)

Bills payable ... ------------------------------------

Acceptances executed by or for ac-

count of this bank and out-

standing __ ---------------------------------

Other liabilities

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

Capital

Surplus

Undivided profits

ReserYes

1,1[)5,207 .22 None
2,362.50
136,142.07 None
3,181.!36 None
None None 25,000.00 7 ii,OOO.OO 28,-l:l0.5R None

'TotJ.l Liabilities

....... $ 1,<165,271.33

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE PEOPLES BANK Cleveland, Ga.

As called for by the Superintendent of Banks.

C. E. HEAD, President.
Date of Charter: 12-11-1945

W. N. NOELL, Cashier.
Began Business: 7-1-1946

ASSETS Cash, balances with other banks, in-
cluding reserye balances, and cash items in IJrOcess of collection__ _. $ United States Government obligations, direct and guaranteU Obliga~i?~S of States and political subdivisiOns ........ - --- Othet bonds, notes, and debentures Corporate stocks (including stock of Federal Reserve Bank) --- __________ Loans and discounts (including o\enhafts I . . -- ---- _.. Bank premises uwned, furniture and fixtures ........ ....... ---- Real estate ow~ed other than bank premises ______ ________________ _-- .. -- __
Investments and other assets indirectly representing bank premises or other real estate ___________________
Customers' liability to this bank on acceptances outstanding
Other assets .............................
Total A~set.s

2:):3,2R9.7-! 228,214.11
58,083.77 None None
6,1-!0.80 None
None None None 961,610.87

LIABILITIES

Demand deposits .

.... $

Time deposits .

Deposits of U. S. Government

Deposit.<; of States and political

subdivisions

Deposits of banks

-----

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

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

Acceptances executed by or for ac-

count of this bank and out-

standing

____ -------

Other liabilities ______ ---------------------------

Capital

Surplus

Undivided profits

Reserves

475,378.27 2:16,471.97
625.56
151,117.13 None
294.73 None
None None 35,000.00 :lG,OOO.OO 24,123.21 None

Total Liabilities

,,.,,.,, $ 861,610.87

36

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

COOK BANKING CO. Cochran, Ga.

As called for by the Superintendent of Banks.

J. E. COOK, President.
Date of Charter: 4-24-1942

MRS. C. M. FULTON Cashier. '
Began Business: 7-1-1942

ASSETS Cash, balances with other banks, in-

chiding reserve balances, and cash

items in process of collection ........ $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivb:ions ___

______ _

Other bond~. notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)-----------Loans and discounts (including

overdrafts) .................

Bank premises owned, furniture and

fixtures ...................... -----------------------Real estate owned other than bank

premises

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

----

Investments and other assets indi-

rectly representing bank premises

or other real estate__

Customers' liability to this bank on

acceptances outstanding__

Other assets

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

622,82'"i.:37 308,500.00
None None None 600,890.21 7,3'10.00 None
None None None

---------------------------- TotaI Assets ................................. $ 1,539,587.58

LIABILITIES

Demand devosits

.... $

Time deposits

.....

Dep<Jsits of U. S. Go\ernment

Deposits of States and political

subdivisions

Deposits of banks _

Other deposits (certified and offi-

cers' checks, etc. l

Bills payable

....

Acceptances executed by or for ac-

count of this bank and out-

standing

Other liabilities .....

Capital

Surplus

Undivided profits

Reserves

Total Liabilities

.....

STATEMENT

921,109,57 ~o4,ozo.7o
1:~.073.47
216,422.34 None
:?,:)Gl.l9 None
None None 25,000.00 :lo,OOO.OO 21,:100.31 8,000.00
l,S:l9,587.58

Showing condition at the close of business December 31, 1951. of

STATE BANK OF COCHRAN Cochran, Ga.

As called for by the Superintendent of Banks.

L. S. LEACH, President.
Date of Charter: 12-22-1921

L. L. PHILLIPS, Cashier.
Began Business: 1-5-1922

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ........ $ United States Government obligations, direct and b'l.tarantE'ed Obligati?n.s of States and political subdlVlSJOnS .......................... _........ Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) Loans and discounts (inc Iu ding overdrafts) Bank premises o-..vncd, furniture and
fixtures -------- ....... Real estate owned other than bank
premises ________________ _________ _ ______
Investments and other assets indirectly representing bank premises or <Jther real estate__
Customers' liability to this bank on acceptances outstanding
Other assets

444,690.58
99,317.60 10,04:l.74
None 491 ,51:~. 58
4,001.00 None
None None None

Total Assets

$ 1,621,789.94

LIABILITIES

Demand deposits

............ ;S

Time deposits ...

...... .

Deposits of U. S. Government

Deposits of States and political

subdivisions

DPpo:sit:; of banks

Ot<,cr deposits (certified and offi

cers' checks, etc.) ....

Bills payable

Aceeptances exccutE'd by or for

account of this bank and out-

standing

Other liabilities

Capital ... .

Surplus ......

Undivided profits

Reserves

l,00.5,R6S.liS 3 112,7!"16.4:1 8,617.99
164,829.20 None
2,.Fl1.'iR None
None 1 0,!}4~.79 25,000.00 oO,OOO.OO
6,H22.65 5,000.00

Total Liabilities ....

......... $ l,fi21,789.9-l

THIRTY-SECOND ANNUAL REPORT

37

STATEMENT

Showing condition at the close of business December 31, 1951, of BANK OF COLLEGE PARK College Park, Ga.

As called for by the Superintendent of Banks.

J. W. STEPHENSON, President.
Date of Charter: 10-4-1945

JNO. L. McCAY, Cashier.
Began Business: 1-7-1946

ASSETS
Cash, balance::; with other banks. including reserve balances, and cash items in process of collection ........ $
United States Government obliga-
tions, direct and guaranteed .. Obligations of States and pohbcal
subdivisions ........................................ Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) ___________________
Loans and discounts (inc 1u ding overdrafts l ...........
Bank premises owned. furniture and fixtures ................................................
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other real estate ____
Customers' liability to this bank on acceptance~ outstanding ______ _
Other assets

276,099.54 661,557.43
6,4:10.16 None None
771,807.71 20,185.48
None
None None 6,566.!)3

Total A:.::..~?ts

........... $ 1,742,6-17.S5

LIABILITIES

Demand deposits ...

....... $

Time deposits

Deposits of U. S. Government

Deposits of States and political

subdivisions

Devosits of banks .

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Othe1 liabilities

Capital

Surplus

Undivid~d profits

Hesenes

85:3,539.90 462,090.00
4,471.55
300,111.16 7,298.40
465.00 None
None 17,051.78 50,000.00
:;o,ouo.oo
17,619.76 None

Total Liabilities ......

.. $ 1,742,617.55

STATEMENT Showing condition at the close of business December 31, 1951, of
CITIZENS BANK Colquitt, Ga.

As called for by the Superintendent of Banks.

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

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

ASSETS Cash balances with other banks, in-
cluding re::;erve balances. and cash items in process of collection ........ $ United States Government obligations. <lirect and guaranteed ........ Obliga~i?n_s of States and political subdtviswns __________ _______ _____ ---------
Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Rc.>ervc Bank) ______ _____
Loans and discounts (including
OVE!rdrafts) - ----------- Bank premises owned, furniture and
fixtures ______ ---------- ------------------------Real estate owned other than bank
Premises ------------ Investments and other assets indi-
rectly representing bank premises or other real estate __ Customers' liability to this bank on acceptances outstanding Other assets .........................

1,052,076.19 701,397.82 None None 3,000.00
1,08:3,317.71 None
1,975.00
None None 12,640.50

Total Assets -

.... $ 2,854,407.22

LIABILITIES

Demand deposits Time deposits

........ $

Deposit~ of U. S- Government

Deposits of States and political subdivisions __ _

Deposits of banks

Other deposits (certified and offi-

cers' checks, etc.) Bills payable

.................. . _____________.,... ____

Acceptances executed by or for

account of this bank and out~

standing

Other liabilities Capital ______________..._

Surplus

Undivided profits .....................

Reserves

1,970,667.45 565.978.01 19,171.50
101,912.70 None
2,971.61 None
None 32,562.28 40,000.00 60,000.00 86,143.64 25,000.00

Total Liabilities

......... $ 2,851,407.22

38

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of
COLUMBUS BANK AND TRUST COl\IPA~Y Columbus, Ga.

As called for by the Superintendent of Banks.

J. J. PEASE, President.
Date of Charter: 12-24-1888

J AS. A. LE\VIS Cashier. '
Began Business: 1872

ASSETS

Cash balances with other banks, in-

cluding reser\'e balances, and cash
items in ptoccss of collection ____ S 10,385,655.23

United States Government obliga-

tions, direct and guaranteed ....

9,174-,G60AS

ObliJ;ations of States and political

subdivisions ............

1,080,702.38

Other bonds, notes and debentures..

24,500.00

Corporate ~tocl~s (including stock of Federal Reserve Bank)

1:~2,41G.75

Loans and dh,;counts (including

overdrafts) ...... .... .............. ......... ... 12,04;1,143.54

Bank premises owned, furniture and

fixtures ---------------------------------- Real estate owned other than bank

4GO, 791.36

premises ..............................................

None

Investments and other assets indi-

rectly representing bank premises

o1 other real estate __ .

None

Customer::>' liability to this bank on

acceptances outstanding

None

Other assets

16,760.98

Total Assets

...... s 33,324,1:Jo. 92

LIABILITIES

Demand deposits

................... $ 19.966,105.83

Time de11osits -----------------

6,769,-191.94

Deposits of U. S. Government ........ 1,:372,5a1.8i'

Deposits of States and political

subdivisions ..........

1,491 ,,9:.\..\.j

Deposits of banks ----- Othet deposits (certified and offi-

:J~l,9G2.41

cers' chPcks, etc.)

Bills payable

........ -

Acceptnnces executed by or for

00, 11)2.39 None

account of this bank and out-

standing Other liabilities Capital Surnlus ........................ Undivided profits Hescrves

None Z:2R,07ti.6:-<
1,000,000.00 1,;10U,IIOO.OO
t) 18,116.36
None

Total Liabilities

STATE~IE~T

Showing condition at the close of business December 31, 1951, of

THE MERCHANTS & MECHANICS BANK OF COLt::l\IBUS Columbus, Ga.

As called for by the Superintendent of Banks.

JACK B. KEY, President.
Date of Charter: 12-14-1871

.J. A. HARLEY, Vice-Pn:sident and Cashier.
Began Business: 1872

ASSETS Cash, balances \vith other banks, in-
cluding reserve balances, and cash items in process of collection........ $
United States Covcrnment obligations, direct and guarantee-d
Obligations of States and political
subdivisions Othtr bonrb, notes and debcntu1es.. Coqwratc stocks (including stock of
Fcdentl Reserve Bank)
Loans and discounts (including overdrafts)
Bank premises owned, furniture and
fixtures ---------------------------------- --- Real estate owned other than bank
premises Investments and other assets indi-
rectly representing bank premises or other real estate_
Customers' liability to this bank on accevtanccs outstanding
Other assets ....

5,10G,33-1.2:~ 97G,:i01.~S
500.00 21,005.00 'i,OG2,680.G6 :!00,472.81
None
None None 15,fJG0.58

Total Assets

.) 17,8.11,!):;o.26

LIABILITIES

Demand deposits

~ l:.: ..Hl3,7~f,.2S

Time dqJcsits ------"------

:!,5! 4,171./ti

Dc!10sit.s of U. S. Go\crnmcnt

'1l!,.\;J,5.34

Deposits of States and political

subdivisions ........

,.-,:l,%1.96

Devosits of hanks ----------

!ll,oG 1.11

Other deposits ( certifi.ed and off1-

eers' checks, etc.)

lt1,flS::i.Hl

Bills payable

None

Acceptances executed by or for

account of this bank and out-

standing

____ . ___________ _

None

Other liabilities

None

Capital Surplus ------------

200,000.00
.,:;o,ooo.ol'

lJndivided nrofits

l 00,006.2-1

Rcser\'eS

i -;-6.~00.38

Total Liabilities

. $ 17,911,930.26

THIRTY-SECOND ANNUAL REPORT

39

STATEMENT

Showing condition at the close of business December 31. 1951, of

TRUST COMPANY OF COLUMBUS Columbus, Ga.

As called for by the Superintendent of Banks.

F. G. LUMPKIN, President.
Date of Charter: 12-16-1892

J. D. BOX, Vice-President.
Began Business: 1892

ASSETS

cash, balances with other banks, in-

cluding reserve balances, and cash

items in llrOCL"SS of collection ........ $

United States Government obligations, direct and guaranteed ______

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reser 1/e Bank l

Loan& and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtures -----------------------------------Real estate owned other than bank

premises ...

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

Investments and other assets indi-

rectly representing bank premises

or other real estate

__ ----

Customers' liability to this bank on

acceptances outstanding

Other assets

Total Assets

-- s

41,513.98 None
22,102.80 None
1,510.46 654,403.35 115,058.86
47,623.68
None None 2,095.94 881.609.07

LIABILITIES

Demand deposits

Time deposits --

...... $

Deposits of U. S. Government

Deposits of States and political

subdivisions _

Deposits of banks

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

Acceptauecs executed by or for

account of this bank and out-

standing

________________ _

Other liabilities

Capital

Surplus

Undivided profits

Reserves ...

None 31;~,859. 87
None
None None
None None
None 8,128.59 100,000.00 200,000.0{) 12S,fiflti. ~lti 104,563.55

Total Liallilit!es

884,60tl.07

STATEMENT

Showing conditiQn at the close of business December 31, 1951, of

ROWE BANKING COMPANY Comer, Ga.

As called for by the Superintendent of Banks.

R. M. ROWE, President.
Date of Charter: 10-3-1935

J. R. FINDLEY, Cashier.
Began Business: 10-10-1935

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proct~ss of co1lection --- $ United States Government obligations, direct and g-qaran teed Obligations of States and political subdivisions Other bonds, notes, anrl debentures Corporate stocks ( inclurling stock of Federal Reserve Bank) Loans and discounts (inc 1u ding
overd1afb) ....... -- .. Bank premises O\vned, furniture and
fixtures ................. -- Real estate o\vned other than bank
premises -- Investments and other assets indi-
rectly representing bank premises or other real estate Customers' liability to this bank on acceptances outstanding______
Other assets

Total Assets

.......... $

26,1,841.38 321,093.81
4,021.60 None None
65,989.02 ~ ,628.65 3,560.00
None None 73,257.24 737,891.70

LIABILITIES

Demand deposits

...... $

'l'inle def)osit~ ...

Deposits of U. S. Government

Depo::;its of States and political

subdivisions

Deposits of banks

Other devosits (certified and offi-

cPrs' checks, etc.) ...

Bills payable

Acceptances executed by or for

account of this bank and out.

standing-

Other liabilities. ____

Capital

Su1plus

Undivided profits

Reserves .

G56,850.:i9
4(),8~3.9:1
8,656.9:J
77 .~68.26 None
:17.18 None
None None 25,000.00 17,000.00 ;),152.99 None

Total Liabilities

....... $ 737,391.70

40

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1951, of
~ORTHEASTERN BANKING COMPANY Commerce, Ga.

As called for by the Superintendent of Banks.

SAM HOOD, President.
Date of Charter: 8-25-1891

R. M. DAVISON Cashier. '
Began Business: 1892

ASSETS

Cash. balances \Vith other banks. in-

cluding reserve balances. and cash

items in process of collection ........ $

United State:; (~overnment obliga-

tions, direct and guaranteed

Obligation~ of States and political

subdivisions

. ___ _

Other bonds, notes, and debenture:'

Corporate ~toeks (including stock of

Federal Reserve Bank)_

Loans and discounts (inc Iu ding

overdrafts) -----------

Bank premises owned, furniture and

fixtures ------------------------- ---- . Real estate owned other than bank

premises ------------------- ------------ __________ _

Investments and other assets indi

rectly representing bank premises

or other real estate -

Customers' liability to this bank on

acceptances outstanding

Other asset::; .

5 !5,848.13
~i>S,9fi6.71
None
7 ,ooo.ou
2,250.00 8-18,1 54.12
23.~41.70
None
None None None

Total Assets _

1,685,550.9~

LIABILITIES

Demand deposits

.. ---------- S

Time de1)0sits ....... ----------------- Deposits of U. S. Government -------Deposits of States and political

subdivisions .......... Deposits of banks

Other deposits (certified and officers' checks, etc.)
Bills payable ___________ ___ __________ ___

Aeceptances executed by or for

account of this bank and outstanding _

Other liabilities _

Capital Surplus

Undivided profits Reserves

1,112,186.03
1~9.Si>U.4R
4,187.50
272,786.65 .None
5,:lil6.43 None
None None 50,000.00 25,000.00 76,193.89 10,000.00

Total Liabilities

-- ------- $ 1,685,550.98

ST A TE:VlENT

Showing condition at the close of business December 31, 1951, of

CONCORD BANKING COMPANY Concord, Ga.

As called for by the Superintendent of Banks.

R. H. STRICKLAND, SR., President.
Date of Charter: 10-29-1903

MRS. KATHRYN BARKER, Cashier.
Began Business: 11-18-1903

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in t'rocess of collection .... $

United States Government obliga-

tions, direct and guaranteed Obliga~i~)~S of States and political

subdlVlSlOllS ------------------- Other bonds, notes, and debenture:-;

Corporate stocks (including stock of

Federal Reserve Bank) ----------- ---Loans and discounts (including

overdrafts) -------------- Bank premises owned, furniture and

fixtures -------------- Real estate owned other than bank

premises ----------

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

Investments and other assets indi-

rectly representing bank premises

or other real estate

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

Customers' liability to this bank on

acceptances outstanding

Other assets

Total Assets -----------

.. $

252,918.81 155,000.00
None 19,687.50
None 42,079.16
2ii0.00 None
None None None 469,885.47

LIABILITIES
~~~ea~~P~~ft~si~-~..~~~~~~~~-~~~~~~~~~~~~~~~~~~~--~~~~~~~ $

Deposits of U. S. Government -------Deposits of States and political

subdivisions ....... Deposits of banks_

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

Other deposits (certified and offi-

cers' checks. etc.) .......

Dillo payable

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

Acceptances executed by or for

account of this bank and outstanding Other liabilities ________

Capital Surplu;;

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

Undivided profits ---------- ----------------------Reserves

374.l);)/.30 18,361.69 1,060.00
32,453.88 None
4!)8.42 None
None None 25,000.00 12.500.00 5,504.13 None

Total Liabilities ....

------------$ 469,885.47

THIRTY-SECOND ANNUAL REPORT

41

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF ROCKDALE Conyers, Ga.

As called for by the Superintendent of Banks.

G. C. SEVIS, President.
Date of Charter: 10-15-1891

M. H. IVEY, Cashier.
Began Business: 6-1901

ASSETS cash, balances with other banks, inw
eluding reserve balances, and cash items in process of collection ........ $ United States Government obligations, direct and guaranteed ........ Obligations of States and political
subdivisions - ----..-----Other bonds, notes. and debentures Corporate stocks (including stock of
Federal Reserve Bank 1.................... Loans and discounts (including
overdrafts 1 __ _
Bank premises owned, furniture and
fixtures Real estate owned other than bank
premises _ Investments and other assets indi-
rectly representing bank premises or other real estate_ Customers' liability to this bank on acceptances outstanding
Other assets _. ------------------

557,604.85 1,208,409.50
None None None 537,:3!:13.8:! 4,300.00 None
None None None

Total A:;;sets

.......... $ 2,307,708.17

LIABILITIES

Demand deposits

... $

Time del)osits ---- . Deposits of U. S. Government _

Deposits of States and political

subdivisions -----

Deposits of banks ----- Other deposits (certified and offi-

cers' checks, etc.) ...........................

Bills payable

Acceptances executed by or for

account of this bank and outstanding

Other liabilities

Ca11ital

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

Sun1lus

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

UndividE'd profits Reserves

--------

1, 717,060.7 4 76,756.70 None
315,309.48 None
675.00 None
None None 80,000.00 80,000.00
~7.906.25
None

Total Liabilities .......................... $ 2,307,708.17

STATEMENT

Showing condition at the close of business December 31, 1951, of

FARMERS & MERCHANTS BANK OF COOLIDGE Coolidge, Ga.

As called for by the Superintendent of Banks.

ALTON W. HARRISON, President.
Date of Charter: 12-18-1911

F. W. MURPHY, Cashier.
Began Business: 11-20-1911

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in nrocess of collection ........ $ United States Government obligations, direct and guaranteed Obligations of States and political subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of Federal Reserve Bank) -----------------Loans and discounts (in ci u ding overdrafts) .......................................... Bank premises owned, furniture and
fixtures ------- Real estate owned other than bank
premises ---------------------------------------------Investments and other assets indi..
rectly representing bank premises
or other real estate ------------------------Customers' liability to this bank on
acceptances outstanding ___ Other assets ...
Total Assets .................................... $

305,573.90 77,000.00
4,000.00 5,000.00
None 144,236.71
2,663.62 None
None None 173.25 538,64 7.48

LIABILITIES
Demand deposits --------- $ Time deposits ---------------Deposits of U. S. Government Deposi_ts. .of States and political

SU bd1 VlSlOflS ---------------

Deposits of banks ---------------------------Other deposits (certified and offi-

cers' checks, etc.) ..

Bills payable___

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

Acceptances executed by or for

account of this bank and out-

standing

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

Other liabilities --- -------

Capital .....

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

Surplus .

Undivided profits .................................

Reserves ----------------------- ------------------------

393,074.06 41,001.15 None
51,320.55
None
66.40 None
None 675.00 25,000.00 25,000.00 2,507.32 None

Total Liabilities ............................ $ 538,647.48

42

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

CORDELE BANKING COMPANY Cordele, Ga.

As called for by the Superintendent of Banks.

J. H. CHILDS, President.
Date of Charter: 5-31-1927

PLENY DuPREE, Cashier.
Began Business: 6-15-1927

ASSETS

Cash, balances with other banks. in-

cluding reserve balances, and cash

items in process of collection ........ $

United States Government obliga

tions, direct and guaranteed

Obligation_s of States and political

subdivisiOns

___________ --------

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank) --------------

Loans and discounts (inc Iu ding

overdrafts)

Bank premises owned, furniture and

fixtures

...........

Real estate owned other than bank premises ________________ ____________________ .

Investments and other assets indi-

rectly representing bank pren1ises

or other real estate_

Customers' liability to this bank on acceptances outstanding ______

Other assets

1,013,228.92 1,000,000.00
None None None \J'i5,123.E?None None
None None lG,OOO.OO

Total Assets

LIABILITIES

Demand deposits

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

Time deposits _____________________

Depo:::its of U. S. Government
Deposits or States and political

subdivisions Deposits of banks

--------------------_______ _

Other deposits (certified and offi-

cers' cheeks, etc. J

Bills payable .-

Acceptances executed by or for

account of this bank and out-

standing _

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

Other liabilities

Capital

Surplus .................................

UndivideJ profits

Reseryes

2,737 ,l'ii.23 None
15,801.54
71,396.39 None
n,66S.to None
None None 50.000.00 50,000.00 6\l,:l06.54 None

Total LialYiliti0s

.......... $ :3,00:3,3G2.80

STATEMENT

Showing condition at the close of business December 31, 1951, of

FIRST STATE BANK IN CORDELE

Cordele, Ga.

As called for by the Superintendent of Banks.

J. B. DOWNS, President.
Date of Charter: 12-3-1938

C. C. SHEARER, Cashier.
Began Business: 8-9-1934

ASSETS Ca..,h, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ........ $ United States Government obligations, direct and guaranteed Obligations of States and political subdivisions Other bonds, notes, and debentures Corpornte stocks (including stock of Fec.leral Reserve Bank)_ Loans and discounts (including oYerdrafts) Bank premises owned, furniture and fixtures _
Real estate owned other than bank prr.:mises
Inve:-;tments and other assets indirectly representing bank IWemises m other nal estate_
Customers' liability to this bank on
acceptanC'es ouistanding.
Other assets

2,009,263.19 1,08-1,787.33
10,4fJ3.8~
None None 759,816.65 :34,:\30.88 None
None None None

Total Assets ...

...-........ $ 3,988,681.87

LIABILITIES

Demand deposits

........... S

'rime deposits ....

DeiJOsits of U. S. Government

Deposits of States and political

subdivisions

De11osits of lmnLs . ..........................

Other deposits (certified and offi-

cers' checi,;:s, etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing-

Other liabilities

Capital

Surplus

Undivided profits ------------Reserves ...

3,09cl,9~:J.5)
380,915.40 35,871.53
110,742.62 1 HI,S'i7 .18
8,923.S5 None
None None 50,000.00
r,o,ooo.oo
86,650.38 20,G'i7.40

Total Liabilities .....

........... $ 3,988,681.87

THIRTY-SECOND ANNUAL REPORT

43

STATEMENT

Showing condition at the close of business December 31, 1951, of CORNELIA BANK Cornelia, Ga.

As called for by the Superintendent of Banks.

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

W. V. GRANT, Cashier.
Began Business: 8-4-1900

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ........ $

United States Government obltga-

tions, direct and guaranteed

Obligation5 of States and political

subdivisions

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

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc Iu ding

overdrafts)

Bank premises owned, furniture and

fixtures ----------------------

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate _

Customers' liability to this bank on

acceptances outstanding __

Other assets .

545,013.10 1,>144,722.-17
30,986.64 None None
fl;JO,G92.\t'"i" 10,450.00 4.00
None None 886.36

Total Assets .................................. $ 2,082,655.93

LIABILITIES

Demand deposits

..... $

Time deposits ------- Deposits of U. S. Government ....... .

Dt-posits of States and political

subdivisions .......................

Deposits of banks ..................................

Othe1 deposits (certified and offi-

cers' chetks, etc.)

Bills payable _________ -----------

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities ......................... __

Capital

Surplus

Undivided profits

Reserves

1,506,582.SG 706,225.09 16,878.4-1
49< ,647.61 38,:312.jb
1,G40.56 None
None 4,000.00 50,000.00 100,000.00 61,368.60
None

Total Liabilities

................. $ 2,982,655.[;;

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF COVINGTON & TRUST CO. Covington, Ga.

As called for by the Superintendent of Banks.

J. L. STEPHENSON, President.
Date of Charter: 4-10-1901

J. B. WEAVER, Cashier.
Beegan Business: 4-10-1901

ASSETS

Cash, balances with other banks, in-

cluding resene balanees, and cash

items in process of collection ........ $

United States Government obliga-

tions, lhrcct and guaranteed

Obligations uf States and political

subdi \ isions

Other bonds, notes, and debentures

Corporate stocks ( induding stock of

Federal Re~ervc Bank)

Loans and discounts (inc I u ding

ovenlrafts -----------

Bank premises o\vned, furniture and

fixtun~s -----------------

Real estate owned other than bank

premises _____

__ _________ _____ ___

Investments and other assets indi-

rectly representing bank premises

or other real estate _

_____

Customers' liability to this bank on

acceptances outstanding

Other assets_

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

890,927.52 2,118,960.56
312,-13,1.'17 None None
l,;).-13,7'"i"9.47 :\,8:JO.OG None
None None None

Total Assets .................................. $ 4,671,952.68

LIABILITIES

Demand deiJosiLs Time de})osits .

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

Dcpnsit~ of U. S. Goverument

Depo:-;its (Jf States and political subdivisions

Denosits of banks

Ot11er deposits (Certified and offi.

(;t>rs' checks, etc.)

Bill,.; pa~--able

Aeceptances executed by or for

account of this bank and out-

standing

Other liabilities .................. -

Capital

__________________________ _

Surplus

Undivided profits .......................

Reserves

3,701,93:2.66 !J:I,482.11 53,031.6-1
:282,318.53 None
5,71\0.5f None
None so,791.6< 100,000.00 200,000.00 151,685.46
None

Total Liabilities

.... $ 4,671,902.8

44

DEPARTMENT OF BANKING

-

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE COMMERCIAL BANK Crawford, Ga.

As called for by the Superintendent of Banks.

E. H. FURCRON President.
Date of Charter: 9-2-1924

W. M. FAUST Cashier. '
Began Business: 9-5-1924

ASSETS

Cash, balances with other banks, in

eluding reserve balances, and cash

items in process of collection ........ $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

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

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal H.eserve Bank)

Loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtures ----------- -- -- ------ .

RE'al estate owned other than bank

premises

------

Investments and other assets indi

rectly representing bank premises

or other real estate ____________

Customers' liability to this bank on

acceptances outstanding

Other assets ......

395,170.30 269,109.61
None None None 3;)1,9:17.19 !,200.00 None
None None 400.00

Total Assets ...

s 1,020,837.10

LIABILITIES

Demand deposits .......

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

Time deposits ......................................

Deposits of U. S. Government ....

Deposits of States and political

subdivisions ...................................

Deposits of banks

Other deposits (certified and offi.

cers' checks, etc.) .. .

Bill' payable ..................................

Acceptances executed by or for

account of this bank and outstanding _

Other liabilities ____ _

Capital -------------------------------------------

Surplus

Undivided profits

RcserYes

728,864.03
1;)1,8~8.0:!
7 .:~25.29
56,106.37 None
2,2:33.74 None
None None 30,000.00 30,000.00 14,479.35 None

Total Liabilities

...... $ 1,02o.s:r;.1o

STATEMENT

Showing condition at the close of business December 31, 1951, of

PEOPLES BANK Crawfordville, Ga.

As called for by the Superintendent of Banks

G. E. WILLIAMS, President.
Date of Charter: 11-24-1947

E. WINSTON REYNOLDS, Cashier.
Began Business: 1-2-1948

ASSETS Cash, balances with other banks, in
eluding- reserve balances, and cash items in process of collection ... $ United States Government obliga-
tions, direct and guaranteed ........ Obligations of States and political
subdivisions
Other bonds, notes, and debentures Corporate stocks ( inclu<ling stock of
Federal Reserve Bank) Loans and discounts (including
overdrafts) .......................................... Bank premisPS owned, furniture and
fixtures ............................. Real estate owned other than bank
premises _
Investments and other assets indirectly representing bank premises
or other real estate Customers' liability to this bank on
acceptances outstanding _ Other assets ___ _

Total Assets ......

........ $

283,854.50 126,885.96
None None None 212,641.60 974.28 None
None None None 62-1,356.B1

LIABILITIES Demands deposits .................. .. .... $ Time deposits .................................... Deposits of U. S. Government ________ Deposits of States and political
subdivisions Deposits of banks
Other deposits (certified and officers' checks, etc.)
Bills payable
Acceptances executed by or for
account of this bank and dutstanding
Other liabilities _ Capital
Surplus .
Undivided profits ... Reserves ____________________

364,997.82 159,82:\.94
2,000.00
50,000.00 None
1,731.90 None
None None 25,000.00 20,000.00 802.68 None

Total Liabilities .......................... $ 624,356.34

THIRTY-SECOND ANNUAL REPORT

45

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF CUMMING Cumming, Ga.

As called for by the Superintendent of Banks.

ROY P. OTWELL, P1esident.
Date of Charter: 10-11-1904

B. L. REDD, Cashier.
Began Business: 10-19-1904

ASSETS cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collE:~ction ___ S
United States Government obligations, direct and guaranteed ........
Qbligatio~s of States and political

subdlVISIOllS --- -----
Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

___ _

Loans and discounts (including

overdrafts) ----------------

Bank premises owned, furniture and

fixtures ...

Real estate owned other than bank

premises ............... .........

........

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers liability to this bank on

acceptances outstanding __

Other assets .

803,392.93 469,783.63
19,952.15 None None
;j46,07~.5S
8,205.00 4,317.10
None None None

Total Assets

........ $ 1,851,723.39

LIABILITIES

Demand deposits .

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

Time deposits -- ------- ---- Depo~its of U. S. Government

Deposits of States and political

subdivisions ------Deposits of banks

Other deposits (certified and offi.

cers' checks, etc.)

Bills payable

Acceptances executed by or for

account of this bank and outstanding _________

Other liabilities

Capital

Surplus

UndiYided profits

Reserves

1,302,470.~9 ~54,07FI.4S
None
140,612.12 None
;),2~4.08
None
None None 25,000.00 50,000.00 71,337.82 None

Totul Liabilities

.......... $ 1,851,723.39

STATE!\IENT

Showing condition at the close of business December 31, 1951, of

CITIZENS BANK

Cuthbert, Ga.

As called for by the Superintendent of Banks.

P.M. REID, President.
Date of Charter: 2-7-1938

C. 0. JOHNSON, Cashier.
Began Business: 3-1-1838

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ....... ~ United States Government obligations, direct and guaranteed _______ _ Obliga~i~n~ of States and political SUbdiVISIOnS __ -------- _------------------Qther hands, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank)------------ _____ Loans and discounts (inc Iu ding
overdrafts) .......................................... Bank premises owned, furniture and
fixtures ______ ---- ......... ----.---.------ ... ----------Real estate owned other than bank
premises _________ _______________ ---------- --
Investments and other assets indirectly representing bank premises or other real estate . ______ --------- ___
Customers liability to this bank on acceptances outstanding.
Other assets ...................

555,436.80 405,693.9<!
None 10,3:J7.1U
None 766.974.68
7,592.87 None
None None None

Total Assets

......................... $ 1,746,035.39

LIABILITIES

Demand deposits

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

Time deposits --------------------------Deposits of U. S. Government

Deposits of States and political

subdivisions .........

Deposits of banks _

Other deposits (certified and offi-

cers' checks, etc.)

Dills payable.

......

Acceptances eX('CUted by or for

account of this bank and out-

standing_

Other liabilities

Capital

Surplus

Undivided fll'Ofits ---------------

Reserves

1,288,38:3.34 55,836.40
~0,805.49
179,464.12 None
6,281.31 None
None None 25,000.00 25,000.00 I 35,261.73 10,000.00

Total Liabilities ........................ $ 1,746,035.39

46

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

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: 5-27-1914

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in tnoce6s of collection

.S

United States Government obhga-

tions, direct and guaranteed

Obligations nf States and political

subdivisions

Other bonds, nvtcs, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

o\erdrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premise~

Investments and other assets indi-

rectly reprsenting bank premises

or other real estate___

Customers' liability to this bank on

acceptances outstanding

Other assets

2~S.IBS.I1 5:!.;),1-10.1);~
I,OOO.UO None None
328,488.3;) 1,001.00 None
None None None

Total Assets

........ $ 1,117,118.n

LIABILITIES

Oemand deposits

............ S

Time deposits

Deposits of U. S. Go\ernmcnt

Deposits of States and political

suhdi;isions

Depo::dts of banks

Other deposits (certified and offi-

eets' checks, etc. l

Bills payable

____ ------

Aeceptances executed by or for

aceount of this bank and out-

standing

Other liabilities

Capital

Surplus

VndiviJ.t>d profits

Reserve~

730,5;):~.1)7
None
1~.539.38
216,828.09 None
~.01!.16
None
None None 25,000.00 5,000.00 ......),006.62
:~one

Total Liabilities

1,147,1\8.92

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE BANK OF DALTON Dalton, Ga.

As called for by the Superintendent of Banks.

JAMES J. COPELAND, President.
Date of Charter: 12-26-1911

MARGARET MAULDIN, Cashier.
Began Business: 10-12-1912

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ........ $ United States Government obliga-
tions, direct and guaranteed
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corporate stocks (including stock of Federal Reserve Bank) ..___
Loans and dh;counts (inc 1u ding on.. rdrafts)
Bank premises owned, furniture and
fixtures ... ................................. ..... Real estate owned other than bank
premises
Investments and other assets indirectly representing bank premises
or other real estate_
Customers' liability to this bank on a~ceptances outstanding..
Other assets

1,391.42'2.12 257,881.39 None None None
1,072,889.67 a6,97:3.78 None
None None None

Tota I Assets

....... $ 2,759,167.56

LIABILITIES

Demand deposits

_S

Time deposits ................................

Deposits of U. S. Government ........

Deposits of States and political

subdivisions ...... _

Deposits of banks

Other deposits (certified and offi-

etrs' checks, etc.)

Bills payable

___ _

Acceptances executed by or for

account of this hank and out-

standing

Other liabilities

Capital

Surplus

Undidded proflts

ReserYes

1,511,202.95
ss ,611.81
67,673.50
339,194.4' 15,000.00
3,32S.91 None
None 2,520.00 50,000.00 150,000.00 27,6:35.92 23,000.00

Total Liabilities

- $ 2,759,167.56

THIRTY-SECOND ANNUAL REPORT

47

STATEMENT

Showing condition at the close of business December 31, 1951, of

HARDWICK BANK & TRUST CO. Dalton. Ga.

As called for by the Superintendent of Banks.

F. L. WILLIAMSON, President.
Date of Charter: 2-17-1922

C. F. KREISCHER, Cashier.
Began Business: 2-20-1922

ASSETS Cash, balances \Vith other banks, in-
cluding reserve balances, and cash items in 11roccss of collection ........ $ United States Government obligations, direct and guaranteed ..
Obligations of States and political
subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Heservc Bank)
Loans and discounts (inc I u ding
overdrafts) Bank premises owned, furniture and
fixtures Real estate owned other than bank
premises Investments and other assets indi-
rectly repn'senting bank premises
or other real estate Customers' liability to this bank on
acceptances outstanding Other assets _____

1,189,1--;:LG\J
1.:~:21,797.61)
1'U,31i.OI 5,000.00
46,937.5-!
"!,80~.!!
None
None None None

Total Assets

........ s -t.941.~:zu.:-n

LIABILITIES

Dpmand deposits

........ S

Time deposits ................................

Deposits of U. S. Gove1nmtnt

Deposits of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing ____ .

Other liabilities

Capital

Surplu::;

Undhided profits .

Reserves

2,6ii:J,!l76.91 1,:38f.i,fl81.44
11!1,643.03
31~.:]06.40
None
28,~:::7 .66 None
None 12,000.00 100.000.00
z,>o.ooo.oo
79,474.87 None

Total Liabilitit.s

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF DANIELSVILLE Danielsville, Ga.

As called for by the Superintendent of Banks.

P. D. TEMPLES, President.
Date of Charter: 12-11-1907

GEO. N. STOVALL, Cashier.
Began Business: 1-15-1908

ASSETS Cash, balances with other banks. in-
cluding reserve balances, and cash items in process of collection ....... ~ United States Government obligations, direct and guaranteed _ .. Obliga~i~n.s of States and political subdiVISIOns ______________________ ------------..

Other bonds. notes, and debentures
Corporate stocks (including stock of Federal Reserve Bank) ________________

Loans and discounts (inc 1u ding

overdrafts) ............. ...........

.

Bank premises owned, furniture and fixtures ___________________________________ ...... ---

Real estate owned other than bank premises _________ ----------- . ----------
In\estments and other assets indirectly representing bank premises or other real estate __________

Customers' liability to this bank on acceptances outstanding
Other assets

Total Assets

18:3,10o.x~
t6;l,SOO.iJO None None None
100.71 ~-~-~ 750.00 None
None None None

LIABILITIES

Dem;Jnd deposits

......... $

Time deposits

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposits of banks

0 ther deposits (certified and offi-

cPrs' checks, etc.)

Bills payable

Acceptances executed by or for ac-

crmnt of this bank and out-

standing

Other liabilities

Capital

Surplus

Gndiddt>d pl'ofits

Reserves

561.399.93 13,611.31 None
11S,JS9.60 None
2,6R5.60 NonEJ
None 2,282.62 15,000.00 10,000.00 1!1,500.00 6,000.00

Total Liabilities

7lk,969.06

48

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE DARIEN BANK Darien, Ga.

As called for by the Superintendent of Banks.

D. E. LANE, President.
Date of Charter: 12-8-1888

P. E. CLARK, JR., Cashier.
Began Busines": 1-2-1-1889

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ...... . Obligations of Stats and political subdivisions ___ -------------- ___ ___ _ Other bonds, notes, and debentures Corporate stocks (including stock of Federal Reserve Bank) __________________
Loans and discounts (including
overdrafts) ---------------------- Bank premises owned, furniture and
fixtures _
Real estate ow ned--~ther th;_;;. bank premises ______________ ------~----- --- .. _ Investments and other assets indi~
recth~ representing bank premises or other real estate ______
Customers' liability to this bank on acceptances outstanding
Other assets _

Total Assets

.$

259,906.81 443,000.00
None None None 218,072.09 None None
None None None 922,978.90

LIABILITIES Demand deposits Time deposits Deposits of U. S. Government Deposits of States and political
subdivisions ..................... Deposits of banks __________________________ ~
Other deposits (certified and officers' checks, etc.)
Bills payable Acceptances executed by or for
account of this bank and outstanding
Other liabilities Capital Surplus Undivided profits Reserves

.100,6i'i:3.25 2:32,699.93
None
S:l,707.o4 None
8,11~.53
None
None None 25,000.00
:>.;,ooo.oo
-!7,805.15 None

Total Liabilities

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF DAWSON Dawson, Ga.

As called for by the Superintendent of Banks.

C. D. OXFORD, President.
Date of Charter: 6-29-1911

H. F. SMITH, Cashier.
Beg-an Business: 7-1-1911

ASSETS Cash, balances with other banks, in~
eluding reserve balances, and cash items in vrocess of collection ........ $ United States Government obliga-
tions, direct and guaranteed -- Obligations of States and political
subdiYisions ------------Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank)__________________ Loans and discounts (inc I u ding
overdrafts) ................................ ......... Bank premises O\vned, furniture and
fixtures ----------- ------- Real estate owned other than bank
premises ............... ........... .. .............. Investments and other assets indi~
rectly representing bank premises or other real estate___________
Customf'rs' liability to this bank on acceptances outstanding.___
Other assets

1,001,810.58 993,300.00 :~07.411 None None
1,018,063.08 ~~.688.26 2,500.00
None None None

Total Assets

:l,O:J8,664.6R

LIABILITIES Demand deposits Time deposits
Deposits of U. S. Government Deposits of States and political
subdivisions Deposits of banks
Other df'posits (certified and officers' ehecks, etc. 1 .. __
Bills payable
Accf'ptances executed by or for account of this bank and out~ standing
Other liabilities Capital Surplus l;nct:ivided profits
Reserves _

l,Bl!i.i1-10.20 .)K8.9:Jl.n5 21,205.87
::10.~20.18
18,926.86
-)-'N)4]a'nQ;?
None None 100,000.00
::o.ooo.oo
12S,20B.90 None

Tot;-11 Liahilitie~

::,O:JB.6f>4.68

THIRTY-SECOND ANNUAL REPORT

49

STATEMENT

Showing condition at the close of business December 31, 1!!51, of

BANK OF TEHHELL Dawson, Ga,

As called for by the Superintendent of Banks.

J. E. KING, President.
Date of Charter: 3-23-1936

T. R. S:\IITH, Cashier.
Began Bm:iness: 5-1-19:16

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash

items in process of collection .... S

United States Government obliga-

tions, direct and guaranteed. __ _____

Obligations of States and political

subdivisions ____ ---------.----------------------

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises_

"--

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding_

Other assets -

1,050,800.1<J 1,081,08:2.00
None None None 1,024.179.97 i ,:l68.18 None
None None None

Total Assets

3,166,4.:10.34

LIABILITIES

Dem:-:.nd depo~its

Time deposits .

..

Deposit!:- of L. S. GoHlnment

Deposits of States and political

subdiYisions .. ____ _

Deposits of banks ---------

OthPr deposits (certified anfl offi-

cers' checks, etc. J

Bills payable

Acceptances executc>d by or for

account of this bank and out-

stan(ling-

Otlwr liabilities

Capital

Surplus

Undivided profits

Resenes

2,22';" ..)~1:- .68 51/.til';".-;- ~
: 1,2:-;r1.:2D
11 :~.~-;n_:\5 5S.l:?5.(i9
9,~1 8:2 ..'} 1 None
None None 25.000.00 oO.OIIII.(I() F::L.~)~ll.J 0 None

Total Liahilitits

STATE:CVIENT

Showing condition at the close of business December 31, 1951, of

TONEY BIWTHERS BAl\'K Doerun, Ga.

As called for by the Superintendent of Ranks.

J. W. TONEY, President.
Date of Charter: 7-11-1945

.J. W. TO~EY, Cashier.
Began Business: 7-31-19-15

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection.-... S

United States Government obliga-

tions, direct and guaranteed _

Obligations of States and political

subdivisions

Other honds, notes, and. debentures

Corporate stocks (including stock of

Federal Reserve Bank)

_____ _

Loans and discounts (including

overdrafts)

------- ...

Bank premi:ses owned, furniture and

fixtures

.--------

Real estate owned other than bank

premises - _____ _________ --- -----

Investments and other assets indi-

rect]y representing bank premises

or other real estate _________ ,

Customers' liability to this bank on

acceptances outstanding

Other assets

Toial Assets

56.000.00 None None None
:i0(i,()20.(-i;) :?.G::>O.OO None
None None None 716.299.29

LIABILITIES

Dernand deposit.:>

~

Tim(' deposits

.

. ...

Deposits of U. S. (;overnnwnt

Deposits of State and political

subdivisions Depo:-;its of baniu;

Other deposits (certified and officers' checks. etc. l

Hills payable Acceptanc~s executed by or for

account of this bank and out.standing-

Othe1 liabilities

Capital Surplus Undivided p1ofi ts

RC'SPl'\'t'S

r,:3:~.2-"7.:;o
4 fi, :Zt'.~l. ;; ~ 1,1 :!.:Z..:-)4
!i(i,j01.:3S None
1. 1;~::. =~ 1 None
None None 25.000.00 25,000.00 l!i.OOrl.OO :L';"~l!l. 12

Total Liabilities

50

DEPARTMENT OF BANKING

STATEME~T

Showing condition at the close of business December 31, 1951, of

CO!\IMEHCIAL STATE BA~K Donalsonville, Ga.

As called for by the Superintendent of Banks.

D. F. wuRST, President.
Date of Charter: 10-21-1988

MRS. 0. M. WURST Cashier. '
Began Business: 12-16-1938

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and Ca8h

items in lHncp,~s of Lolkction

::;

Unitetl States Government obliga-

tion:-;, direct and guaranteed

Oblig<~tion::; of States and political

s..tbdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loam.; and discounts ( 1 n c 1 u ding

O\'erdrafts)

Bank premises O\vned, furniture and

fixtures

Real estate owned other than bank

pn'nli~es

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances out:5tanding

Other as:5ets

BOl,lQH.~)~
239,000.00 5,000.00 None None
16,:554.10 None
None None None

Total A:-:;sets

. $ 1,677,277.6:i

LIABILITIES Demand dcpo:>.its Time deposits Deposit8 of U. S. Government Deposits of States and political
s u h d i v i s i o n .:; Deposits of banks Other deposits (certified and offi~
cer8' checks, etc.) Bills payable Acceptances executed by or for
account of this bank and outstanding Other liabilities
Canital Surplus Undivided profits
Reserves

1 ..;:~~21.88
_,l.l.nU9.6I ~0.121.15
~)fl,26.1.0I
None
1.),::l!H.50 None
None None 25,000.00 25,000.00
.j 1,91~.78
:12,125.40

Total Liabilities

1,677,277.63

STATEMENT

Showing l'ondition at the close of bu,.incss December 31, 1951, of

:VIERCHANTS AND FARMEHS BANK Donalsonville, Ga.

As called for by the Superintendent of Bank~.

HINRY 0. CUl.\1:\IINGS, President.
Date of Charter: 9-24-1925

E. H. HOWARD, Cashier.
Began Business: 9-24-1925

ASSETS

Ca">h, balances with other banks, in-

cluding rt>serve balances, and cash

it<.m~ in procc:.;s u, collection

S

United States Government obliga-

tion:-;, direet and guaranteed

Obligations of States and political

su l_di visions

Other honds, notFs, and debentures

Corporate stocks (including stock of

Federal Reserve llank)

Loan,; and discounts (inc I u ding

o\erdrafts)

Bank prf'miscs owned, furniture and

fixtures

Real estate owned other than bank

premises

_ --------

Investments and other assets indi-

rcctly representing bank premises

or otlwr real estate

CustomE.'r8' liability to this bank on

acceptances outstanding_

Other a~sets

,)!):J,l:J:l.l 0 J :l,OOO.OO 16.MO.OO None
2n7.:l4S.17 -!1,,)83.GO None
None None 480.37

Total Assets

............ $ 1,357,033.05

LIABILITIES

Demand depo~its

_ ----:];

Time d'::"posits
DE'JHJsii:; or u. s. (;overnment

Deposits of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi-

e('rs' cheLks, etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided profits

Resenes

!Hl l,fl..tBA~ 1 i)-;-,777.'19
~-1,-106.25
l 67." I!1.97 None
1,:\80..14 None
None None 25,000.00
;o,ooo.oo
6, 798.42 None

Total Liabilities

....... s 1,357 .o:J:l.05

THIRTY-SECOND ANNUAL REPORT

51

ST ATE:VIENT

Showing condition at the close of business December 31, 1951, of

COFFEE COUNTY BANK Douglas, Ga.

As called for by the Superintendent of Banks.

H. L. SHANNON, President.
Date of Charter: 6-19-1931

HARVEL NORRIS, Cashier.
Began Business: 7-1-1931

Asswrs

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in proce:o:s of collection

S

United States Government obliga-

tions, direct and guarantPed -- Obligations of State~ and political

subdiv!sions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises

___ ___

Investments and other assets indi-

rectly representing bank premises

or other real E:>state

Customers liability to this bank on

acceptances outstanding

Other assets

________________ .... .

7~8.~116.00
:Ll ~9.4~1.0~
~~.G49.:n
None None 800,6B7. 70 68,c10.:38 None
None None None

LIABILITIES Demand deposits TimC' deposits Deposits of U. S. Go\'ernment. Deposits of States and political
subdivisions ......... Deposits of banks .......
Other deposits (certified and officels' checks, etc.) ...
Bills payable .. ..... .................... ...... Acceptances executed by or for
account of this bank and outstanding
Otlwr liabilities Capital .....................
Surplus
Cndividcd profits Hese:ves

3,222,079.72 819,672.17 46,160.86
528,0:14.95 133,598.38
10,392.23 None
None None 50,000.00 50,000.00 :J0,752.35 159,383.75

Total Assets

...... $ 5,030,074..11

Total Liabilities

.......... $ 5,050,074.41

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE FARMERS BANK Douglas, Ga.

As called for by the Superintendent of Banks.

F. S. STUBBS, President.
Date of Charter: 5-22-1945

WILEY DOWNS, Cashier.
Began Business: 7-5-1945

ASSETS Cash, balances with other banks, in-

cluding reserve balances. and cash items in process of colll'eiion ........ B

United States Government obliga-

tions, direct and gnarantl'ed - Obliga~ic?~s of States and political

SUbdiVISIOnS ..................... .

-

Other bonds. notes. and debentures

Corporate stocks (including stock of

Federal ReF:ervc Bank) __

Loans and discounts (including

overdrafts) ................ - Bank premises O"\vned, furniture and

fixtures

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

Real estate owned other than bank

premises

-

--

Investments and other assets incii-

rectly representing bank premises

or other real estate---- ___ _

Customers' liability to this bank on

acceptances outstanding ...

Other assets -----------------------

1,11.!,1 0 J.G:J 1,258,0R2.77
71,189.fi5 None None
8;)9,::i4:'i.li9
None
None None None

Total Assets

..... $ 3,31:3,1:37.54

LIABILITIES

Demand denosits

.......... $

Time depo:-;l.ts

Deposits of U. S. Government

D('poslts of States and political

subdivisions --

D.:posits of hanks

Other deposits (certified and offl-

cels' checks, etc.)

Rills payable.

Acceptances executed by or for

account of this bank and out~

standing

Other liabilities

Capital

Surplus

Undidded profits

Reserves

2,178,82R.43 502,631.06 26,64:1.67
329,31R.63 99,027.77
1-1,219.48 None
None None 50,000.00 50,000.00 2,438.50 60,000.00

Total Liabilities

.... $ 3,:113,137.54

52

DEPARTMENT OF BANKING

STATEMEi'l'T Showing condition at the close of business December 31, 1951, of

THE COMMERCIAL BANK Douglasville, Ga,

As called for by the Superintendent of Banks.

W. D. LLOYD, P1esident.
Date of Charter: 4-24-1942

RAY:HOI\D L. LLOYD Cashier. '
Began Business: 5-1-1942

ASSETS

Cash, balances with (lther banks, in-

C'luding reserve balances, and cash

items in process of collection

S

United States Gove1nment obliga~

tions, direct and guarantePd

Obligations of States and political

subdivit3ions _

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank

Loans and dbcounts (including

overdrafts!

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises

_______ -----

Inve~tments and other assets indi~

recUy representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding__

Other Assets

3!1:1,81~..1;3
1,1:-W,5Hl.53 None None None
217.:~74.56
8,100.00 None
None None 1,6l:l.16

Total Assets

..... $ l,C,51,485.98

LIABILITIES
~~-emnnd de~wsits limP deposits ... --------
Det'osits of U. S. GoYernment Depo~its of States and political
subdiYisions
Depo:-3its of banks
Othet deposits (certified and offt ee!s' checks, etc.)
Bil!o Jlayable Acceptances executed by or for
aecount of this bank and out standing
Other lia bi 1i ties Capital
Surplus
Undivi'J(>d rroftt.s Rcsetves

1.~~~:~~~:~~ 7il,HD{J.:39
::-;-7 ,64 s.:n
None
4 ... q') ')f) -~N~~;
None None 25,000.00 25,000.00 :]0,b4i.12 None

Total Liabilities

STATEMENT

Showing condition at the close of business December 31, 19:>1, of

CITIZENS & SOUTHER~ BANK OF DUBLii'l' Dublin, Ga.

As called for by the Superintendent of Banks.

C. U. SMITH, President.
Date of Charter: 10-29-1928

THEROI\ A. JERI\IGAK, Cashier.
Began Business: 11-1-19:!R

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in JWocess of collection ..... S
United States Government obligations, direct and guaranteed
Obligations of States and political subdivisions
Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Heserve Bank) Loans and discounts (including
overdrafts) Bank premi::;es o\vned, furniture and
frxtures ------ -- ----- Real estate owned other than bank
premises
Investments and other assets indirectly representing bank premises
or other real estate Custom<.:rs' liability to this bank on
acceptances outstanding
Other assets

1,:-W5,:1.}6.9i 2,585,102.9:3
101,245.55 None None
2,561,930.75 10,068.05 35,000.00
None None 90,558.60

Total Assets

. $ 6,689,562.8G

LIABILITIES

Demand deposits

--- .. :<:

Time Ueposits

Deposits of U. S. Government

Deposits of States and political

subdivisions --- .

De}Josits of banks

Othcl' deposits (certified and offi-

cers' checks, etc.)

Bills payable

Acct>ptn.nccs executed. by or for

account of this bank and out-

standing

Other !iabilities

Capital ...

Surplus

Undivided profits

Hcserves

i,l09,0G.i.29
l,l:i:i,OS~.O!' G~,94>-.;3~
12G,8/0,f;'i
UO:J,.J~;~AO
11 :i.~Ofl ..)8 None
None ~;),:1~1.] 7 150.000.00 150,000.00 l :21.1!Hi.17 ;_1.1 ,2fiP.5n

Total Liabilities

THIRTY-SECOND ANNUAL REPORT

53

STATEMENT

Showing condition at the close of business December 31, 19:31, of

F AR!\IERS & MERCHANTS BANK Dublin, Ga.

As called for by the Superintendent of Banks.

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

J. H. MADDOX, Cashier.
Began Business: 7-6-1910

ASSETS Cash. balances with other banks, in-
cluding reserve ba]ances, and cash items in }Jrocess of collection ..... $ United States Government obligations, dire~..t and guarantt>ed Obligations of States and political
subdivisions Other bond~. notes, and debentures CorporatP stocks (including stock of
Federal Reserve Bank) Loans and discounts (inc I u ding
overdn1 ft\':.! Bank p1cmises owned, furniture and
fixtures Real estate owned other than bank
premises Investments and other assets indi-
rectly representing bank premises
or other 1eal estate Customers' liability to this bank on
acceptance::> outstanding_
Other a::-;set::;

1,021,101.22 1,916,450.00
None None None 9-15,051.!! 6,407.C>1 None
None None None

Total A~ set~

3,919,010.17

LIABILITIES

Demand deDosits

.... $

Time deposits

Deposits of U. S. Government

Deposits of States and political

subdivisions

Dcpo3its of banks .

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable ..............................

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Su1plus

Undivided profits

Resei\es

2,301,782.77 .)78,079.77 10,:l38.74
1:11,660.04 400,132.99
34,362.51 None
None None 50,000.00 25,000.00 fi;>,6!5;l.89 12,1189.46

Total Liabilities

.. s 3,919,010.17

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF DUDLEY Dudley, Ga.

As called for by the Superintendent of Banks.

RUBERT L. HOGAN, President.
Date of Charter: 10-2-1905

GLADSTONE JANSE~, Cashier.
Began Business: 11-1905

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of colh-'ction ...... S United States Government obligations, ditect and guarantC'ed Obligatill!lS of States and political :mbdivisions _____ ___
Other bonds, notes, and debentures Corporate stocks (including stock of
Federnl ReserYc Bank) Loans and discounts (including
overdr.lfts) .... ------ --------------------------. Bank premises owned, furniture and
fixtures .......... . ..... ......... ............. .... Real estate owned other than bank
premises ______ -------------------------------------Investments and other assets indi-
rectly representing bank premises or other real estate ______ _
Customers' liability to this bank on acceptances outstanding
Other assets_________ -------------------------

;j 19,8D5. 77 290,000.00
4,659.23 None None
392,813.28
~.00
None
None None None

Total Assets

.............. $ 1,237,:l70.28

LIABILITIES

llemanU dpposits

______ S

Time deposits .

Deposits of U. S. Government

Deposits of States and political

subdivlsions

Deposit." of Danks_

Othe1' doposits (certified and ofti-

cprs' cherks, etc.)

l!iHs payable

_______

____ _

Acceptances executed by or for

acconnt of this bank and out-

standing

Other liabilities

Canital

su;plus

Undivicted profits

Rl'Scrves .

749,416.91 22:l,997 .94
19,882.86
121,19:].03 None
13,810.88 None
None None 25,000.00 50,000.00 17,481.33 16,581.33

Total Liabilities

............ s 1,287,370.28

54

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of
THE BANK OF DULUTH Duluth, Ga.

As called for by the Superintendent of Banks.

G. W. FINDLEY, President.
Date of Charter: 1-22-194;)

EVERETT BAGWELL Cashier. '
Began Business: 2-17-1945

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of colkction

$

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivit5ions _

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

Other bonds, notes, and debentures

Corporate stocks l including stock of

FPderal Rcsprve Bank).

Loans and discounts (including

overdrafts) ----------------------

Bank premises owned, furniture and

fixtures .. _________ ---------------------

Real estate owned other than bank

premises ___ ___

---------- -

Investments and other assets indi-

rPctly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding __ _

Other assets

Total A:;;sets

.... $

314,798.72
151,6"i9.5~J
None None None 21:3,431.68 3,442.10 None
None None
~)11.SU 71J,~6;-L5i

LIABILITIES

Demand dcvosits

__ S

Time deposits

I:cposits of U. S. Go\'crnment

lJL'posits 0f States and political

"uhJi \'is ions

DetJosits ul' banks

Otllel' deposits (certified and offi-

cers' cheeks, etc.)

Bills payable _

--

AccepUmces executed by or for

aeeount of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided profits

Reserves

516.196.43 None
8.850.08
101.869.24 None
None NonP.
None 1.H6.4.) 25,000.00 20.000.00 6,901.34
None

Total Liabilities

... $

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF EASTl\IAN

Eastman, Ga.

As called for by the Superintendent of Banks.

W. L. JESSUP, President.
Date of Charter: 12-28-1918

GEO. D. MULLIS, Cashier.
Began Business: 1-2-1919

ASSETS Cash, balanees with otiwr banks, in-
cluding reserve balances, and cash items in process of collection ____ $ United States Government obliga~
tion3, direct anJ guaranteed. Obligation ..:. of Stat~-:. and political
subdivisions
Othet bonds, notes, and debentures C01porate stocks ( inclwling stock of
Federd H.cscrve Bank Loans and discounts (including
overd:.afts) -.-------------------- -----------Bank pn'rtli:::es owned, furniture and
fixtures Real estale owned other than bank
premises Inve';tmcnts and other assets indi-
rPct.ly representing bank premises or othct re:il estate Customcn:;' liability to this bank on acceptanecs outstanding_
Other assets

61):},:168.80
1,7:~6,900.00
None None None 489,G\iS.GiJ 8,001.00
1.00
None None None

Total Ass-2ts

_,.,, - ~ 2.817,0:10.1.>

LIABILITIES Demand (leposits
Time deposits DcpD:::iits of U. S. Government
Dvposits of SLates and political subdivisi(IDS
Depm~its cl' banks
OtLe:: tU posils (certified and ofllcer:l' clHck~, etc.)
Bill.~ payable Acccptanc~s executed by or for
account of t.hi::; bank and out<;;tanding Oth~-r liabilities
Capiwl Sundn...: lJJ~di\'il~Cd 1nof\ts
Recwcvcs

1,-;- 1;).~)~~.~2 :-.Gi\(i--tii.60 None
jSO_OO None
None None 40,000.00 10iJ.<l00.00
:o ~l:J,'2i;~-
None

TrJt,d Liu.hilit.ics

THIRTY-SECOND ANNUAL REPORT

55

STATEMENT

Showing condition at the close of business December 31, 1951, of

CITIZENS CLEARING BANK Eastman, Georgia

As called for by the Superintendent of Banks.

H. R. RAGAN, President.
Date of Charter: 3-12-1949

H. R. RAGAN, Cashier.
Began Business: 4-1-1949

ASSETS

cash. balances -..vith other banks, in-

cluding reserve balance, and cash

items in J)rocess of collection

~

United States Government obligations, direct and guaranteed
Obligations of State and political

subdivisions Other bonds, notes, and debentures
Corporate stocks (including stock of
Fede1al Reserve Bank)

Loans and discounts (including overdrafts) ---- ..... .
Bank premis<>s owned, furniture and fixtures ... ___ ________ _____________________ _

Real estate owned other than bank

premises

___________

______ _

Investments and other assets indi-

rectly representing bank premises

or other Customers'

real estate liability to this

_b_a_~_k

-~-;;

acceptances outstanding Other assets

Total Assets

........ ~

None None None :J76,750.41
2.00 None
None None None 1,018,199.63

LIAillLITIES DL"mand deposits
Time dcpo."3its Deposits of U. S. GovcJnmC'nt D(posits of States atlll volitical
subdivisions Deposits of banks ___ _ ---- _____ _
Otber dpposits ( ccrtifieJ and officen/ checks, etc.)
Dills payable Acceptances executed by or for ac-
count of this bank an<i outstanding-.
Other 1iabi1ities
Capital
Surplus Undivided profits Heserves

,'-D:? ,ti;-)7.~7 None None
30,000.00 None
None None
None None 40,000.00 40.000.00 15,542.:!6 None

Total Liabilities

.. $ 1,018,l\l9.ti3

STATEMENT Showing condition at the close of business December 31, 1951, of
BANK OF FULTO~ COU~TY East Point, Ga.
As called for by the Superintendent of Banks.

F. W. COOPER, President.
Date of Cha1ter: 3-22-1934

T. W. MARSHALL, Cashier.
Began Business: 4-2-1934'

ASSETS ca~h. balances with other banks, in-

cluding reserve balances, and cash

items in proetss of collection --- $

United State,:; Government obliga-

tions, direct and guaranteed ---

Obliga_ti?r:s of States and political

sulJdiVISlOTIS ......... _- - .-

.

Othet bond.c->, note::;, and debentures

Corpora!(~ stocks (including stock of

Federal H.csene Bank)

Loans and discounts (including

overdraft;.;) ------- .. ----------

Bank prerni::;c.s ov..r1ed, furniture and

fixturt'R ----------- Real e~late ov<'ned other than bank

Premises ---- _________ --------------------- __

Investments and other assets indi-

rectly repre~Pnting bank p1cmises

or other real estate

Cnstomc1s' liability to this bank on

acceptances outstanding _ Othel' a.sseb~

1,554,:3:3:-t0-1 1,9CG,l10.:3'i
9:2,61~).\)1
None None :!,0:32,:340.7.3 ;~r1,1SG.U 1 None
None None 2fi,2G:l.5fi

Total Assets

G,70!l,8S~.IO

LIABILITIES Demand deJ,osits
Time de}1osits -------- DPposits of U. S. Gonrnment Deposits of States and volitical
subdivisin1J.8 .... Deposits of banks
Othe1 dt'posits ( ccrtitied and offi('('ls' checks, etc.)
Bills payable Acceptances executed by or for
arcount of this bank and outstanding
Oth('r liabilitiEs Capital Surplus t:ndi\'idcci vrnfi.ts
Rcs{;l'Ve~

8,:HJ0,721.Sl 1 ,570.~)06.7~
31,7ll.U!
Ul~.~:SS.D2
1 0.'i,072..17
78,fl45.60 None
None '10,17LS""i 200,000.00 100,000.00 8fi,9f::L01
]\;nne

Total Liabilities

G.70\1,8,J:?.40

56

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

CITIZE~S & SOl:THERN BANK OF EAST POINT East Point, Ga.

As called for by the Superintendent of Banks

C. P. GLOVER, JR., President.
Date of Charter: 11-12-1948

CHARLES E. WELLS Cashier. '
Began Business: 11-19-1948

ASSETS Cash, balanees v:ith other bankn, in-
cluding re~erve balances, and cash
items in process of t'ollection .. --- $ Uniterl States Government obliga-
tions, direct and guarantePd Obliga~i~:m.s of States and political
subdlnswns ............... ____ ---------Other bonds, n<Jtes, and debenture;:; Corporate stocks (including stock of
Federal Resel'\'e Bank) Loans and discounts (including
o\enhafts)
Bank prpmiscs owned, furniture and
fixtures Real e.c;tate O\'-'ned other than bank
premises Investments aiJ.(l other assets indi-
rectly representing bunk premibCS ot other real estate Customers' liability to this bank on
acceptances oub5tanding
Ot_her assets

1,303,018.:;0 D'i2,660.6 1 46,021.83 None None
1.42 1,4ti:l.09 22.G16.SG None
None
~one
6.208.66

LIABILITIES

Demand deposits

- $

Time deponits ..

De11osits of U. S. Government

Deposits of Staten and political

subdivisions

Deposits of banks

Other deposits (certified and offi-

cers checks, etc.)

Bills payable

Acceptances executed by or for

account of this bank ancl out-

standing

Othe1 liabilities

Capital

S1nplus

Undivided Drofits

Heserveo:5

2,0~'i .I Rl.65 90:2.:)24.04 19.:l87.83
4~:~.058.65
None
9,:l5H.Ol None
Nnne 12).<186.95 100,000.00
Go.ooo.oo
20.962.95
~~8.:35

Total Asst~ts

:),/7-1,989.'t:1 -------T-ot-al-L-i-ab-il-iti-es----------- .............. $ -:-1.7-7-4,%-9-.4-3

STATEMENT

Showing condition at the close of business December 31, 1951, of

FARMERS & MERCHANTS BANK Eatonton, Ga.

As called for by the Superintendent of Banks.

L. 0. BENTON, JR., President.
Date of Charter: 10-30-1922

R. L. HARRISOX, Cashier.
Degan Business: 11-1.5-1922

ASSETS Cash, balances \vith other banks, in-
cluding reserve balances. and cash items in nrocess of colleetion .. ~5
United Sta'tc:-> Go\'crnmcnt obligations, direct and g"Uarant<'ed
Obligations of States and political
suhdivinions ----------- .. --- ..... Other hondF, notes, and debentures Corporate stocks (including stock of
FPdcral Reserve Bank Loans and discounts (inc 1u ding
O\'erdt'afts) Dank r)remises owned, furniture and
fixtures Real E'State O\Vned other than bank
premises Investments and other assets indi-
rectly representing bank premises or other rE'al estate _____
Customers' liability to this bank on acceptances outstanding _____
Other assets ....

74,810.27 5,:21 ::;AD None
834,:370.~2
9.570.16 None
None None 1,008.90

Total Assets

. .... $ 1,813,170.0-1

LIABILITIES

~mand deposits

.......... $

J. I me depostts

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

Deposits of U. S. Government ........

Deposits of States and political

subdivisions

Dcpusits of banks_

Other deposits (certified and offi-

cer:c>' checks, etc.)

Bills payable

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

Acceptances executed by or for

account of this bank and out-.

standing ----OthE-r liabilities ...

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

Capital

Surplus

Undivided profits

Reserves ..-

940,G:l8.06 512,K22.2:1 27,756.68
237,211.12 None
506.90 None
None 1.047 .:l:J 50,000.00 50.000.00 23.1.17.72
None

Total Liabilities .

.. ......... $ 1,843,170.04

THIRTY-SECOND ANNUAL REPORT

57

STATEMENT

Showing condition at the close of business December 31, 1951, of THE PEOPLES BANK Eatonton, Ga.

As called for by the Superintendent of Banks.

J. M. GREGORY, President.
Date of Charter: 3-16-1944

A. F. ADAMS, Cashier.
Began Business: 5-1-1944

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection

S

United States Government obliga-

tions, direct and g-uaranteed ---

Obligations of States and political

subdivisions

-----

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank

Loans and discounts (including

overdrafts J

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Otllec assets ...

~1li'.i,9f)-1.46
1SO,OS:l.S8 None None None
6,541.!)1 891.50
None None

Total Assets

........ $ 1,004,117.!1-l

LIABILITIES

~~mand dc~wsits

__ S

I nne deposits ------------------------------ _ Depostis of U. S. Gon'rnment

Dcpo::-its of States and political subdivisions _______ . _

Deposits of banks

Other deposits certi11ed and offi-

cers' checks, etc.)

Dills payable_ _________ -----------------

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Cndivided lll'ofits

He::w;:ves

477,463.28 350,0:l4.17
6,181.25
109,631.96 None
1,483.08 None
None 2,605.(;8 25,000.00 2ii,OOO.OO 6,000.00
718.0~

Total Liahiliti('s

.. $ 1,0Qcl,ll7.9l

STATEMENT Showing condition at the close of business December 31, 1951, of
THE BANK OF EDISON Edison, Ga.
As called for by the Superintendent of Banks.

C. W. LOWE,
President. Date of Charter: 9-24-1904

THEDFORD TURNER,
Cashier. Began Business: 1904

ASSETS Cash, balances \vith other banks, in-
cluding reserve balances, and cash items in process of collection........ $ United States Government obliga-
tions, direct and guaranteed -----Obligations of States and political
subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (including
overdrafts) ----------------,-------------------Bank premises owned, furniture and
fixtures Real estate owned other than bank
premises ------------------------------ ___________ Investments and other assets indi
rectly representing bank premises or other real estate_____ ___
Cuslomers' liability to this bank on acceptances outstanding
Other assets .....................

532,485.9"1 659,387.64
17,1fi5.5~)
None None 308,576.62
2.00 None
None None 256.73

Total Assets .

.. ........ $ 1,517,864.52

LIABILITIES

Demand deposits

... $

Time deposits

Deposits of U. S. Government

Deposits of States and political

subdivisions -----

Deposits of banks

Other deposits (certified and offi-

cers' chec~-.s. etc.) Bills payable __________ _ ___ ------------------ ___

Acceptances executed by or for

account of this bank and out-

standjng

Other liabilities ...

Capital

Surplus

Undivided profits

Reserves

l,0:3!1,2fi1.24 85,217.13
1~,376.47
200,442.71 11,142.94
12,3:16.!55 None
None 3,890.40 50,000.00 60,000.00 40,177.08
None

Total Liabilities

1,517,864.52

58

DEPARTl\'IENT OF BANKING

STATEl\lENT Showing condition at the close of business December 31, 1951, of
GRANITE CITY BANK Elberton, Ga.

"\s called for by the Superintendent of Banks.

F. D. SMITH, President.
Date of Charter: 12-3-1927

JAMES CLEVELAKD, Cashier.
Began Business: 1-2-1928

ASSETS

Cash, balances 'vith other banks, in-

cluding re:::;erve balances, and cash

items in process of C'nllection ....... $

United States Government obliga-

tions, direct and g::uanlnteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc 1u ding

o\erdrafts)

Bank prcmi::;es o\vned, furniture and

fixtures

Real estate owned other than bank

premises _

-

Investments and other assets indi-

rectly representing bank premises

or other real estate_~

Customers' liability to this bank on

acceptances outstanding

Other asset:1

6:2,1,70,1.02
l.~~l:2,100.00
8,000.00 None None
1,108,636.91
22,06U.;~G
None
None None 591.20

Total Assets .

....... ~ 3,056,754.55

LIABILITIES

!~~mand dcl?osits

lune depostts .. ..............

.... .

Deposits u U. S. Government

lJepusiU of States and political

subdivi::dons

Dppo:sits of l1anks

OthCl~ deposits (certified and offi-

cers' checks, etc.)

Bill,; payable

Acceptances exccuteU by or for

account of this bank and out-

standing-

Other liubilities

Capital

Surplus

'Cndidded profits

Resct\es

~HJ.6:2
None
None None
1 uo.uuo.oo
.)(1,000.00 !S.I11.0H
66-1JJ3

Total Liabilities

.... $ 3,056,751.3!)

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF ELLAVILLE Ellaville, Ga.

As called for by the Superintendent of Banks.

L. S. BOYETTE, President.
Date of Charter: 9-10-1910

W. H. VanLA-:\'DINGHA:.\1, Cashier.
Began Business: 9-16-1910

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in }1rocess of cullediun ...... $

United State..> Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivi,;ions

Otilcl" bond;;, notes, and debentures

Co:porate stocks ( inclul!ing stock of

F(<h~rnl R('se1ve Bank

Loans and ciiscounts (inc 1u ding

ovvrdrarts)

Bank pnmio;t:S ownul, furniture and

fixtun~:

RPal C'Sta~e owned other than bank

prcmi.-.c~;

<!TI(l other assets in(H~

representing bank premises

ot

real estate

Cu'.>tomLL/ liability to this bank on

::u,eptancc:s outstanding

Otccr ccssets

-197 ,9:W.8:2 19,000.00 None None None
G~~;, i :;:;.fl:i
:;,:j~;:_'j:)
l.U(I
None None 4,210.38

LIABILITIES

Demand devosits

........................ S

Time d(nosits

Deposits of U. S. GovPrnment

Dcpnstts of States and political

subdivisions

Deposit'~ of banks

()tllct deposits ( ~.eJtificd and offi-

ccl's' L"be~ks, etc.)

Bill;-; payable_

-~-

1\cceptnnccs executed by or for

account of this bank and out-

standing

OthcT lialJiJities

C:1pital

Surplns

Un<livi(kll profit:-;

Ht:.;;ervl':~

71!i.519.88 lf38,205.81
ll,llS.IO
118,7GL01 None
1.'-i. 1N:~.n2 None
None
i:-;,oon.oo
25,000.00 50,000.00 ,;2,1:!f.i.ti6
None

Total Lial1ilities

1.207 ,Sfi-1.::-..:.

THIRTY-SECOND A0;:NUAL REPORT

59

STATE:\IENT

Showing condition at the close of business December 31, 1951, of

THE BA~K OF ELLIJAY Ellijay, Ga.

As called for by the Superintendent of Banks.

E. T. HUDSOK, P1esident.
Date of Charter: 5-21-1914

GLEX \V. MAHSHALL, Cashier.
Began Business: 6-1-1914

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection.. . $ United States Government obligations, direct and gua1anteed Oblig-ations of States and political subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of Federal Reserve Bank) Loans and discounts (inc I u ding ovcrdra fts) Bank premises owned, furniture and
fixtures ------------------ -. ------ Real esatc owned other than bank
premises __ ___ _____________ ___ __ . ___ _
Investments and other assets indi~ rectly representing bank premises or other real estate
Customers liability to this bank on acceptances outstanding
Other assets

Total Assets

.... s

1,257,000.00
z,H,Ri":i~.~o
None None 667 ,88.).:JQ 3,600.00 None
None None lO,lG:l.:ll 2,709,888.62

LIABILITIES

Demand deposits

... S

Tim~ deposits __ ---------- ......... ..

Deposits of U. S. Government

Depositc; of States and political

subdi\'isions

Deposits of banks

__ _

Other deposits (certified and offi-

cers' ch{'eJ...s, etc.)

Bills ]Jayab!e

Acceptances executed by or for

account of this bank and out-

standing

Othel' liabilities

Deb('ntures

Capital

Surplus

Undivided profits

Resen-es

l.lSG,t n8.16 1,178,440.27
ll,07:lAO
~40,:~;;.1,!)1
None
1,922.03 None
None
137:s-o.,o2:o0o9
25.000.00 30,000.00
2,076.76 60,000.00

Total Liabilities

. $ 2,709,888.62

STATEMENT

Showing condition at the close of business December 31, 1951, of
CITIZENS AND SOUTHERN EMORY BANK Emory University, Ga.
As called for by the Superintendent of Banks.

L. L. GELLERSTEDT, President.
Date of Charter: 12-11-1950

H. J. DICKSON, Cashier.
Began Business: 4-16-1951

ASSETS Cash. balance with other banks, in-
cluding reserve balances, aiHl cash items in nrocess of colketion ....... $ United Stat{~s Go\'ernment obliga-
tions, direct and g-uan1ntecd Obliga~it?n.s of Staks and }Jo!itical
suhdtYISIOns ................................. -.... ..
Other bondB, notu.:; and deiwntun-'s Corrlorate s1ock:::~ (incL1ding stock of
Federal H(.'SCl'\'e Bank)
Loans and disc<:unts (includin::t
overdrafts) ...................................... . Bank l)l'emisl~S O\\n2d, furni\.ure and

fixiUI'CS ------------- .. --

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

Real estate o>vned other than bank

nrcmises ............................................ ..

Investments and other as-.;ct::> indi-

rectly representing hank pi'emlses

or othc1 Customers

real estate lixl;ility to

... this

-b~~~l~-~~~

accqJtanccs outs~andin;..!;

Other a.:3scis

1 li~.120.:)2 lGO,ODZ.GZ
7,000.00 None None
17 .II :i.SO None
1\unc :\cnl' ;10 . .'S

.... -. .. $ 1Jl1 1.~7 L71

LIABILITIES

~~mand del_)()sits

-- .... $

.lime dcpo~rts ................................ --

Deposits of U. S. Government

Deposit:.; of States and volitieal

SUlldivisions

Deposits of bank-;

Other d(posits 1certified and offi-

ccl's' checks, etc.)

Bills vayabie _..te~"eptanccs executed hy or for

acC"ount of this bank and outstandin~,.- .

Othf:.'l' Liabilities . Capital

Sul'lJlus Undi\ idcd profits

H.CS{;l"\'l'S

717,202.D6 1 t;t1,~D0.76
'i,'iU0.95
;;.~,/;)(1.00
?\(Jne
~.819.80
None
.N"one
fl,1'i~.ii6
GO,OIIO.Oo :21 ,fHiS.(i~
1'\one None

Tuial Liabiliti( s

1,0 11,~7-1.11

60

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

FAIRBURN BANKING COMPANY Fairburn, Ga.

As called for by the Superintendent of Banks.

Y. H. LONGINO, President.
Date of Charter: 9-14-1891

WINNER B. LONGIXO, Cashier.
Began Business: 1902

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $
United Stales Government obliga-
tions, direct and guaranteed Obliga~i~n.s of States and political
SUbdiVlSlOllS _ -~----- --- ------------------
Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Hcserve Bank) Loans and discounts (including
uverdrafts)
Gank vremises owned, furniture and fixtures
Real estate o\vned other than bank
premises _ --------------------- ----------- --- .. Investments and other assets indi-
rectly representing bank premises
or other real estate Customers' liability to this bank on
acceptances outstanding Other asset;:;

3~9.508.0,1
499,000.00 None None None
371,4~1.90
11.694.17 None
None None 12,114.:2S

Total A~sets

.... $ 1,244,0:18.(59

LIABILITIES

Demand devosits

... $

Time deposits

Deposits of U. S. Government

Depo~its of States and political

subdivisions

Depo~its of banks

Other deposits (certified and offi-

cers' checks, eie.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

l.Jndivided rnofits

nescl'\'t'::>

899,790.04
22\J,81:~.07
:2,601.51
17.718.4-l None
3,9;)~). 76 None
None 2.966.9:1 25.000.00 41,000.00
;{,G07.0;~ 17,718.~11

Total Liabilities

.......... $ 1.2H.O:IB.l;9

STATEMENT

Showing condition at the close of business December 31, 1951, of

FARMERS & J\IERCHA~TS llANK Fayetteville, Ga.

As called for by the Superintendent of Banks.

C. D. REDWINE, President.
Date of Charter: 2-6-1906

H. C. HEWELL, Cashier.
Began Business: 3-13-1906

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection........ $

United States (;overnmcnt obliga-

tions, direct and guaranteed

Obligations of States and political

subdivi._.::;ions

Other bonds, notes, and debentures_

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc Iu ding

overdrafts) ....

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

Bank premises owned, furniture and

fixtur('S ................. - ....

Real estate owned other than bank

premises ........

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers liability to this bank on

acceptances outstanding

Other assets ..

595,440.54 355,000.00
None None None 210,698.05 1,600.00 None
None None None

Total Assets ................... $ 1,162.738.59

LIABILITIES

Demand deposits .

........ $

Time devos i is

DqYJsits of U. S. Government -

Deposits of States and political

subdivisions Deposits of banks

... -

Other deposits (certified and offi-

ecrs' checks, etc.)

llills payable,

Acceptances executed by or for

account of this bank and out-

standing ----------------------------------

Other liabilities Capital

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

Surplus

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

Undividetl profits

Reserves_

751,143.44 20.:129.:32
4.~06.33
825,000.00 None
714.81 None
None None 25.000.00 25,000.00 10,741.67 None

Total Liabilities ., ........................ $ 1.162,738.59

THIRTY-SECOND ANNUAL REPORT

61

STATEMENT Showing condition at the close of business December 31, 1951, of
BANK OF FINLEYSON Finleyson, Ga.

As called for by the Superintendent of Banks.

R. S. SCARBOROUGH, President.
Date of Charter: 9-20-1910

CLARENCE FINLEYSON, Cashier.
Began Business: \J-20-1910

ASSETS

cash, ba1ance.s with other banks, including reserve balances, and cash

items in procPss oi collection

8

United States Government obliga-

tions, direct and guaranteed ....... . Obligations of Statc8 and political

subdivisions Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank) Loans and discounts (including

overdrafts) --------------Bank premises owned, furniture and

fixtures Real estate owned other than bank
premises ______________ .... _____________________ _

Investments and other assets indi-

rectly representing bank premises or other real estate_

Customers' liability to this bank on acceptances outstanding

Other a~sets

Total A::.Bets

.... $

2:! 1,492.91-:i None None None
:l3n.OO None
None None None

LIABILITIES

Demand deposits

Time deposits ___ ..

. ..

Deposits of U. S. Government

Deposits of States and political

subdivisions

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

Deposits of banks

Other deposits (certified and offi-

cers' checl'i.s, etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided profits

Resc>rves

:::1 s.:~6:!.f:i9 18,8nu.J.j None
~5.000.00
None
:3,865.50 None
None 4,0:!5.46 25,000.00 2G,OOO.Otl
1<.~01.44
200.00

Total Liabilitis

............... $ 437,725.23

STATEl\lENT

Showing condition at the close of business December 31, 1951, of

FIRST STATE BANK Fitzgerald, Ga.

As called for by the Superintendent of Banks

B. I. ANDERSON, President.
Date of Charter: 5-24-1948

M. l\'I. STEPHENS, Cashier.
Began Business: 7-Hl-Hl48

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of coll<:ction .... ::5

United Statt:~s Government obliga-

tions, direct and g-uaranteed

Obligations of States and political

subdivisions

Other bonOs, notes, and deb('nture~

Corporate stocks (including stock of

Federal Reserve Bank) ____

__

Loans and discounts ( inc I u ding

overdrafts) .......... ----- ........... -- ..

Bank premises o\-vned, furniture and

fixtures -------- ----

Real estate owned other than bank

premises _______

_ ____ _

Investments and other assets indirectly representing bank premises
c~:to~~~~ li:~il?~;ai~ ti~-i~ "b~;~k(~;~

acceptances outstanding Other assets

:i-Hi,'70:-L 78 400,000.00
None None None
None
7,298.91
N(JnC
None

Total Assets .

....... $ 1,544,09R.ll

LIABILITIES

Demand rle11osits .

.... -~

Time deposits ----------- ......

Devosits of U. S. Guvernment

Deposits of States and political

subdivisions

Deposits of banks ...............

Other deposit:s (certified and offi-

cers checks, etc.) ....

Bills payable

Acceptances execuif'd by nr for

account of this bank and out-

standing

Other liabilities _

Capital

Surplus

Undivided profits

Reserves

888,08:.04 II :J,281.11
8,561.17
:2:~G.R:W.15
\19,908.25
4~6.14
:r\one
None None 100,000.00 20,000.00 18,003.65 None

Total Liabilitic>s

62

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE CITIZENS BA~K Folkston, Ga.

As called for by the Superintendent of Banks.

WILLIAM MIZELL, President.
Date of Charter: 12-12-1911

R. A. BOYD Cashier. '
Began Business: 1-1-1912

ASSETS

Ca:-:h, balances with other banks, in-

cluding reserve balances, and cash

items in rnocess of collection

~

U nitcd States Government obliga-

tions, direct and guaranteed

Obligations of States and political

::mbdivisions

Other bonds, n-otes. and debentures..

Corporate stocks (including stock of

Federal Reserve Bank)__

Loans and discounts (inc 1u ding

overdrafts)

Bank premises owned, furniture and

fixtures ........................................ .....

Real cs tate owned other than bank

premises ------------------------------- Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other assets

910,1G4.fll l,OG0,850.00
29.5:2:~-~8
20,07J .:-Hi None
719,711.51 16,'127 .49 7,182.13
None None None

Total Assets .

................... $ 2,753,\l:l9.HR

LIADILITIES

Demand deposits

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

Time denosii~

Deposits of U. S. Government

Deposits of States and political

suhclivi!::'ions

Deposits of banks

Other deposits (certified and offi~

cers' C'hecks, etc.)

Bills payable.

.. ........

Acceptances executed by or for

account of this bank and out-

standing

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

Other HalJilities

Capital

Surplus

Undivided profits

Reserves

l.:l4R,414.35 1)52,.11i4.67 None
167,17-1.78 7t,nt5.42
5.:no..t4 None
None 45,814.35 50,000.00 50,000.00 147,815.87 12,000.00

Total Liabilities

.................. $ 2.753,9:39.88

STATEMENT

Showing condition at the close of business December 31, 1951, of

CITIZENS BANK OF FORSYTH Forsyth, Ga.

As called for by the Superintendent of Banks.

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

JNO. T. STEPHENS, Cashier.
Began Business: 3-1-1920.

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of colkction ........ $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivi.5ions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

oYerdrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premis:'S

________

----- -

InvPstmcnts and other assets indi-

rectly representing bank premises

or other real Pstate

Customers' liability to this bank on

acceptances outstanding

Other assets

9:38,648.?.8 2G9,600.00
D3,4H3.:n None None
265,47 5. 97 2,605.00 None
None None None

Total Assets

....... S 1,559,812.SR

;:,lABILITIES

DematHl dcnosits

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

Time Uepo.,its

Deposits of U. S. Government Deposits of States and political

subdivisions De-posits of banks

Othc1 deposits (certified and office~s' ehecks, etc.)

Bills payable

. ""--

Acceptances executed by or for

account of this bank and out-

standing

___________________ _

Ot!wr liabilities

Capital

Surplus Undivided profits

Reserves

1,343,408.63 None None
85,056.79 None
3,G:n.62 None
None None 40,000 00 10,000.00 6.000.00 71,809.54

Total Liabilities

.. $ 1,559,812.58

THIRTY-FIRST ANNUAL REPORT

63

STATE:\IENT Showing condition at the close of bu;,iness December 31, 1951, of
THE F ARl\IERS BAXK Forsyth, Ga.

As called for by the Superintendent of Banks.

R. 0. PERSO:"JS, President.
Date of Charter: 3-9-1910

HARRIS H. CARTER, Cashier.
Began Business: 1910

ASSETS

Cash, balances \Vith other banks, in-

cluding re:-;crve balances, and cash

items in proc(ss of collection

S

United State"' Government obllga-

tillns, llirect and guaran1e<>d

Obligations of States and political

subdivisions

Other bonds. not(~s. and debentures

Corporate stocks (including stock of

Federal Heserve Bank)

Loans and discounts (inc I u ding

overdrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding_

Other assets

6:~:2.160.1;)
] 75,000.00 None None None
5;i0,801.:=l"1
~.00
1.00
None None 2,000.00

Total Assets

1.~;>9,901.19

LIABILITIES Demand depo:::;its Tirotc d~posits
Deposits of U. S. Gon'rnnwnt
Deposits of States and political su bdi\ isions
Deposit.-> of banlcs
Otht>1 deposits (certified and offiecrs' checLs (te. \..
Bills payable
Aeceptanccs executed by or for account of this bank and outstanding
Other liabilities Capital Surplns
Undivided profits Reserves

1.10:1,015.11 None
1,523.21
100,000.00 None
None (;91,01 50,000.00 50,000.00 None
G-1,6~);).63

Total Liabilities

l,:l59,%7.49

STATEMENT

Showing condition at the close of business December 31, 1951, of

l\101\'ROE COUNTY BAXK Forsyth, Ga.

As called for by the Superintendent of Danks.

W. C. HILL, President.
Date of Charter: 11-2-1908

JAS. M. McCARTY, Cashier.
Began Business: 10-15-1908

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection. $

United States Government obliga-

tions, direct and guaranteed

Obliga~i?ll:S of States and political

subdiVISIOns _____ ............ ----- ...... ------- Other bonds. notes, and debenture~.-

Corporate stocks (including stock of

Fede!al Reserve Ba.nli:)

Loans and discounts (inc I u ding

OYerd.ra:'ts) _____ ........... ------- .... -----....

Bank premises owned, furniture and

fixtures

__

Real estate owned other than bank

premises ---------- Investments and other assets indi-

rectly reprE'senting bank premises

or other real ('State ___

Customers' liability to this bank on

acceptances outstanding

Other assets

Total Assets

2~)/,:)(~.0.)
600,,1!30.20 17. '125.0 1
~8,";:20.0()
None 'i5-1,10R.!"l:2
251.00 ()95.00
None None None
1,754,29~.18

LIABILITIES Dt>nHl.nd deposits Time deposits DPposits of U . .S. Go\Prnmcnt Deposits of States and political
subdidsions Dvpusit ..; of banks Ot.het depusits (certified anrl offi-
cers' checks, etc.) Billo payable Acceptances executed by or for
account of this bank and outstandingOther liahilit.it'S Capital Surplus lTndividPd profits
Re3en'es

1 '1 ;)~,5ii7 .:::!8 l:>c!,JS7.2:J :J6 ,907 .:1o
:l1 ,170.~1 None
:~,O:'iB.12
None
None
:~~Jlll.GG
25,000.00 50,000.00 111,fillO.:l3
None

Total Liabilities.

1,754,292.18

64

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of
FORT GAINES BANKING CO. Fort Gaines, Ga.

As called for by the Superintendent of Banks.

T. W. MOBLEY, President.
Date of Charter: 2-11-1937

W. G. GRIMSLEY Cashier. '
Began Business: 2-15"-1937

ASSETS

Cash, balances with other banks, in-

clurling reserve balances, and cash

items in process of collection

S

Unih'd States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corpotate stocks (including stock of

F":deral Reserve Bank)

Loans and discounts (including

overdrafts)

Bank premises o\vncd, furniture and

fixtures

Real estHte owned other than bank

premises ______ --------------------------------------

Investments and other assets indi-

rectly representing bank premises

o1 other real eP.tate

Customl!rs' liability to this bank on

acceptances outstanding

Other assets

Sl:3,5:~D.Sl
500,100.00 None None None
~,000.00
None
None None None

Total Assets

J.44o,019.7t

LIA13ILITIES Dt_m.:~nd (le}HJsits Time de1)osits Deposits of U. S. Go\ernment Deposits of States and political
:::;ubdivisions DPposits of banks 0 lhe1' deposits (certified and offi
cers l'hecks. etc.) Dills payable
Acceptances executed by or for
account of this bank and outstanding
Other liabilities Capital :-:;urplus L~ndidded profits
ReserYes

1,0:?:3,220.!14
19H,:);JU.2:~ L2:2~.ijQ
1!5,069.41 None
:3,6'?0..!8 None
None None 25.000.00 7i"i,OOO.OO
5,5~0.08
None

Total Liabilities

.... $ 1.44H.OHI.o4

ST ATEl\lE:KT

Showing condition at the close of business December 31, 1951, of

BA::-IK OF FORT VALLEY Fort Valley, Ga.

As called for by the Superintendent of Banks.

W. E. GREENE, President.
Date of Charter: 10-11-1924

HERBERT HUCKABEE. Cashier.
Began Business: 10-15-1924

ASSETS Cash, balances with other banks, in-
duding reserve balances, and cash items in process of collection ....... $ United States Government obligations, direct and guaranteed
Obligntions of States and :political subdivisions
Other bonds, notes, and debentures Curponde stc,cks (including stock of
Federal Reserve Bank) Loans and discounts (including
overdrafts) ... Bank premises owned, furniture and
fixtures
Real estate owned other than bank premises _____
Investments and other assets indirectly representing bank premises
m other real estate Customers' liability to this bank on
acceptances outstanding_
Othe1 assets_

541,860.12 2,4S.1,b95.:-n
94,270.23 None None
i84,093.57 9,306.38 None
None None None

Total A.oscts .

3,914,42Z. 61

LIABILITIES Demand Lleposits Time depo~its Deposits of U. S. Go\ernmt>nt Deposits of States and politlca1
subdi;isions DE~posits of banks_
Other deposits (certified and officers' cheeks. etc.)
Dilb payable
Acceptances executed by or for account of this bank and outstanding
Other liabilities
Capital Surplus Undivided vrofits Hcsenes

2Jl4l,~f~S.:20
lOBJ\7;).111 51.151.89
867.520.66 None
8,68~.88
None
None 2S.lSI'.fiS 100,000.00 50.000.00 154,!J1,Lti3
None

Total Liabilitic~

THIRTY-SECOND ANNUAL REPORT

65

STATEMENT

Showing condition at the close of business December 31, 1951, of THE BANK OF HEARD COUXTY Franklin, Ga.

As called for by the Superintendent of Banks.

H. J. MICKLE, President.
Date of Charter: 10-14-1905

.J. T. MICKLE, Cashier.
Began Business: 10-18-1905

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash

items in proCPSS of coll('Ction ....

United States Government obliga-

tions. direct and guarantcerl

Obligations of States and political

subdivisions Other bonds, notes, and debentures

Corporate stocks ( inelurling stock of

Federal RE>serve Bank) Loans and discounts (inc 1u ding

overdrafts)

Bank prE'mi;:;cs owned, furniture and

fixtures

Real estate owned other than bank

p rem1ses __

__________ _

In\estments and c,ther assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on acceptances outstanding

Other assets

Total Assets

16/ ,R/ l..iO
o.:Jo,t.oo
None None
46~.70~.1()
t, ~lGl .fi~ None
None None None 1,:{45,714.-lX

LIABILITIES Demand depositt:> Time d1Josits ____ ... Deposits of U. S. Gmernment Deposits of States and political
suhdiYision~
l)pposits of banks
Other deposits (certified and offi nrs' checks, etc.)
Bills J)ayable Acceptances executed by or for
ac>cuunt of this bank and outstanding-
Other liabilities
Capital
~urnlus
l)ndivided ]Jrofits Rcscnts

1:20.~6~.F:8 :J~l\l,i.i:-L78
k, 1 :~.).71
j(J.!):~6.97
None
1.119.:!9 None
None 4.000.00 25.000.00 ~ ;),tlOO.OO 1 S, ";' 1I .79
:!:~_!J!l:..'.OO

Total Liahilitie~

STATEMENT

Showing condition at the close of business December :31, 1951, of

THE CITIZENS BANK Gainesville, Ga.

As called for by the Superintendent of Banks.

JOHN H. HOSCH, President.
Date of Charter: 5-19-1913

H. A. BRICE,
Ca~hier.
Began Business: G-1913

ASSETS Cagh, balances \vith other banks, in-

cludinF: reserve balances, and cash

items in Jll'OcPss of collection

$

Unite(l StateH Government obliga-

tions, direct and g-uarantcrl

Obligations of States and political

subdivisions Other bonds, notes, and d~bentnres

Corporate stocks ( ineluding stock of

FedC'ral Reserve Bank)

Loans and discounts (inc 1u ding

overdrafts! ."

""" " ''""

Bank premises owned, furniture and

fixtures .................... ----- ----------------- Real estate owned other than bank
premises ______ .. _ _ _____________ _____ ______

Investments and other assets indi-

rectly 1epresenting bank premises

or other real estate

.. _ _____ _

Customers liability to this bank on

acceptances outstanding_

Other assets

1.:~2~1,'12:-:.!ll 1.602,8:~4.1--t
463,115.'7~~
None None 1,11<.680:20
:!.00 None
None None None

Total Assets

4,872,590.9R

LIA BILlTIES Demand devmdh; Time:. deposits Deposits of U. S. CovernrnC'nt Deposits of States and political
subdivisions Deposits of banks Other deposits (certified and offi-
cers' checks, etc.) Bills payable Acceptances executed by or for
account of this bank and outstanding Other liabilities Capital Surplus Undivid(d profits
Reserves

J.107A7 lAS ;{ !l!i, :~fJ(I.fiO
:):-:_)-~! ~). ti~
t;tlH,fl10.Sfl 14.nns. 7-t
11.1i10.11 None
None None !t>u.OUII.OO 1011.000.00 1 ';'GJ)ti~.fi4 None

Total Lhtbiliti('"

4.~7~.:i~l0.H8

66

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December :n, 1951. of

BANK OF GIBSON Gibson, Ga.

As called for by the Superintendent of Banks.

E. E. GRIFFIN, SR., President.
Date of Charter: 11-7-1905

E. E. GRIFFIN, JR., Cashiet.
Began Business: 11-27-1905

ASSETS

C.ct::;h, balances with other banks, in-

cluding 1eserve balances, and cash

items in process of collection ...... $

United States Govetnment obliga-

tions, direct and guaxanteed

Obligations of States and political

:;ul;divisi(ll1S

Other bonds, notes, and debentures

Corporate stocks (including stock of

Fcdelal Rec;erve Bank)_

Loans and discounts (including

overdn1fts)

Bank premises owned. furniture and

fixtures

Real estate owned other than bank

p t"emises

______ _

Investments and other assets indi-

rectly representing bank premises

OJ' other real estate _

Customers liability to this bank on

acceptances outstanding

0 ther assets _

Total Assets .

.$

1;16,000.00 71,860.00 None None li!l,S66.61 10,000.00 None
None None None

LIABILITIES Demand depo~its Time Depnsits Deposits of U. S. Government Deposits of States and political
subdivisions Deposits of banks Other deposits (certified and offi~
cers checks, etc. I Bills payable. Acceptances executed by or for
account of this bank and outstanding
Other liabilities
Capital Surplus Undivided profits
Reserve~

-1.)7 ,f12t11 None None
None None
n.8! None
None None 15,000.00 5,000.00 7 ,tl:Hi.OQ None

'Total Liabilities

STATEMENT Showing condition at the close of business December 31, 1951, of
CITIZENS BANK Glennville, Ga.
As called for by the Superintendent of Banks.

J. C. BEASLEY, President.
Date of Charter: 12-61-1942

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

itpms in t)rocess of collection

$

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

:>ubtlivisions

Other bonds, note~. and debentures

Cmporate stocks (including stock of

Federal Reserve Bank)

Lonns and discounts (including

o\erdrafts)

Bank premises owned, furniture and

fixtures

Real estate O\vned other than bank

premises

Cm;tomers' liability to this bank on

aecc>ptanePs outstanding

Other assets

287,220.70
78,000.00
:30,000.00 None
None
~~)7.~11H.:J1
LOO None None None

MRS. MARGARET D. BACON, Cashiel'.
Began Business: 1-4-1943

LIABILITIES Demand deposits Time detlosits Deposits of U. S. Government Deposits of States and political
subdivisions Deposits of hanks Other deposits ( certificrl and offi
ce1s' clwck~, etc.) BilL-; payable
Acceptances executed by or for
aceount of this hank and outstanding-
OthPI' liabilities Capital Su!'p1u.s {Tndi\'ided profits
H.eserve::;

:167,71 s.:~6

wo. 1 ~3!),

48

None

~\l.:JIIR.4fl
None

fion.:Jo None

None rH)2.QO
30,000.00 6,000.00
1:~.8k2.7B 4~1.'112.0:3

Tota I Assets

.... :ii

li\l:U~Lil\

Total Liabilities

69:3.11 LIJ I

THIRTY-FIRST ANNUAL REPORT

67

STATEl\fENT

Showing condition at the close of business December 31, 1951, of THE GLENNVILLE BANK Glennville, Ga.

As called for by the Superintendent of Banks.

J. A. BACON, President.
Date of Charter: 1-12-1905

J. A. ROGERS, Cashier.
Began Business: 1-18-1905

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash

items in proce::3s of collecticn - $

United States Government obliga-

tions, direct and g-uaranteed

Obligations of Slates and political

subdivisions

..

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank) __

Loans and discounts (inc Iu ding

overdrafts I

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises _

_____ _

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding_ Other assets ______ _

3-16,304.60
~1D.79o.zn
None None None 631,016.37
1.00 None
None None None

Total Asset~

...... $ 1,827,112.26

LIABILITIES

D(mand deposits

_____ $

Time deposits -------------------Deposits of U. S. Government Depo::;its of States and political
subdivisions
Deposits of banks
Other deposits (certified and officPrs' checks, etc.)
Bills payabie Acceptances executed by or for

account of this bank and outstanding Other liabilities_

Capital Surplus

Undivided profits Reserves

1,181,0fi0.7:3 3!32.352.4 !l 12,32/ -~~
2;)3,982.70 None
1,86:l.84 None
None None 30,000.00 30,000.00 17,730.59 17,804.75

Total Liahilities

..... $ 1.827,112.26

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE GORDON BANK Gordon, Ga.

As called for by the Superintendent of Banks.

R. F. GIBBS, President.
Date of Charter: 6-8-1946

R. F. GIBBS, Cashier.
Began Business: 8-1-1946

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection...... $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc I u ding

overdrafts) ... -------------------- Bank premises owned, furniture and

fixturEs

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

Real estate owned other than bank prE>mises _____________________________ ----------

Investments and other assets indi-

rectly rerresenting- bank premises or other real estate ______ _

Customers' liability to this bank on

acceptances outstanding

Othet assets

Total Assets

263,267.D8 25,000.00 None None None
6.651.'23 None
None None None

LIABILITIES

Demand deposits

...... $

Time deposits

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposits of banks _____

Other deposits (certified and offi-

cers' ch(cks, etc.)

Bills payable

---..-- - -

Acceptances executed by or for

account of this bank and out4

standing

____ _

Other liabilities ----- Capital Surplus 1Tndividt..'fl profits
Reserves .

101,778.~2
19, 155.7:~
s.:J5o.oo
32,07 5. 73 None
1,.102.20 None
None None 35.000.00 7.000.00 24,102.59 None

Total Liabilities

52:).864.57

68

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of
BANK OF GRAY Gray, Ga.
As called for by the Superintendent of Banks.

D. V. CHILDS, SR., President.
Date of Charter: 8-23-1909

D. V. CHILDS, SR Cashier. .,
Began Business: 8-28-1909

ASSETS

Cash, balances with other banks, in-

cluding reserve balances. and cash

items in process of coi!Pction

S

United States Government obliga-

tions, direct and gumanteed

Obligatinns of States and political

subdivisions

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

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)_

Loans and discounts (inc I u ding

overdrafts)

Bank premises owned, furniture and

fl.xtures

Real estate o'vned other than bank

premises _

Inv(stments and other assets indi-

rectly representing bank premises

or other real estate_

Customers liability to this bank on

acceptances outstanding __

Other assets

Total Assets

:17:l,21S.fi1 134,000.00
None None None 324,269.G6
2.00 None
None None None S:l1,4G0.17

LIABILITIES Dt>mand deposits ................................. $
Time deposits Deposits of U. S. Government Deposits of States and political
subdivisions Deposits of banks Other deposits (certified and officers
cltC'Cl{s. de.~ BiiJs payable
Acceptances exccut('d by or for account of this bank and out~ standing
Other liabilities Capital Surplus
Undivided profits ReserYes

616,ii32.i2 11i, 7:16.33 None
~.685.16
None
6.6G9.52 None
None None 25,000.00
so.ooo.oo
7,8:16.7 4 None

Total Liabilities

S;l1,4~0.47

STATK\fE~T

Showing condition at the close of business December 31, 1951, of

BANK OF GREENSBORO Greensboro, Ga.

As called for by the Superintendent of Banks.

H. D. GOODWIN, President.
Date of Charter: 10-13-1926

C. WELDON SMITH, Cashier.
Began Business: 10-14-1926

ASSETS Cash, balances with other banks, in~
eluding reserve balances, and cash items in process of collection ...... $
United States Government obligations, direct and guaranteed
Obligation~ of States and political
subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of
.F'Ederal Reserve Bank) Loans and discounts (including
overdrafts l Bank premi~es O\vned, furniture and
fixtures
Real estate owned other than bank premises ....__ ..._.......-..-..-- ....__......
Investments and other assets indirectly representing bank premises
or other real tstate Customers liability to this bank on
acceptances outstanding . Other assets . ---...-...-.._..._. _____..

4:l4,6GS.72 200,000.00
27,952.00 None None
646,246.00 12,023.72 None
None None None

Total Assets

....... $ 1,320,920.44

LIABILITIES Demand dE'posits .................................... $ Time deposits Deposits of U. S. Government Deposits of States and political
:::mbdivisions _____ _
DPposits of banks Othc1 deposits (certified and offi~
C('rs' cheC'ks, etc.) Bills payable ....
Aeccptane<'s executed by or for account of this bank and out~ standing
Other liabilities __ .. _.. _.. ----.. -.....
Capital Surplus
Undivided profits
Reser\es

713,J:ll.79 3:l4,"H6.56
2,500.00
103,61n.zz None
6,024.75 None
None None 50,000.00 50,000.00 5,128.12 50,000.00

Total Liabilities

.... $ 1,320,920.44

THIRTY-SECOND ANNUAL REPORT

69

STATEMENT

Showing condition at the close of business December :H. 1951, of

THE CITIZENS BANK Greensboro, Ga.

As called for by the Sut>erintendent of Banks.

J. 1\I. REYI\'OLDS, SR., President.
Date of Charter: 3-9-1946

M. E. SISK, Cashier.
Began Business: 4-1-Hl46

ASSETS

cash, balances with other banks, in

eluding reserve balances, and cash

items in process of c-ollection

:':

United States Government obliga.

tions, direct and guarantl'e<l ....

Obligations of Staleti and political

subdivisions ---

-- ....

Other bonds, notes, and debentures

Corporate siocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

ovcrdra fts)

Bank premises owned, furniture and

fixtures ----------------------- --- .. Real estate owned other than bank

premises .....

Investments and other assets indi-

rectly rpprPsenting bank ptcmises

or other real estate

Customers' liability to thiR bank on

acceptances outstanding

Other assets

Total Assets

:lQO,OIH).UU
\11,000.00 None None
;:91 ,.)~.).80
None
None None HHO.IIO
l.li'2,S0~.2'2

LIABILITIES Demand deposits
Time deposits Depooits of U. S. Government Deposits of States and political
subdivisions Deposits of banks_
Other deposits (certified and offi("ers' chei?ks, etc. l
Bills payable Ac('eptances executed by or for
account of this bank and outstanding
Other liabilities Capital Sul'plus Undivided profits
HeserYes

86fJ,4 o.t.s:~ 116,80~.0~
None
35,000.00 None
5,1i:l4.01 None
None None 62.500.00 12,500.00
40,%0.~1)
None

Total Liabiliti(':5

. $ 1,172,808.22

STATEl\1ENT

Showing condition at the close of business December 31, 1951, of

THE GREENVILLE BANKING CO. Greenville, Ga.

As called for by the Superintendent of Banks.

H. W. HILL, JR., Preside11t.
Date of Charter: 10-24-1887

H. V. WHITWORTH. Cashier.
Began Business: 1891

ASSETS

Cash, balances with other banks, in-

cluding rcsen'e balances, and cash

items in process of collection

S

United States Government obliga-

tions, dirf~ct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notP..;, and debentures

Corporate stocks (including stock of

Federal Resene Bank)

Loans and discounts (including

overdrafts! .... _ ...

. ...

Bank premises O\VIlC'd, furniture and

fixtures . ......

... .

Real estate o'vr:.ect other than bank

premises

.

Investments and other assets indi-

rectly representing bank prernises

or other real estate

Customers' liability to this bank on

acceptances outstanding_

Other assets

:.!tiD,t:iOO.S:?
::.11 1.90 None None
7 ,liiiO.OO 1.800. Oil
None None None

Total Assets .

1.091.867.47

LIABILITIES Demand deposits Time deposits Deposits of U. S. Go\prnment DC'JHlSits of States and political
subdivisions Deposits of banks Othct deposits (certified and offi-
cers' checks, etc.) Bills payable_ AccEptances ex(~cuted by or for
account of this bank and outstanding Oth~'r liabilities Capiial Surplus
Undivided profits
Reserves

818,4 IO.:ll
70,H21.~)6
None
118.:196.10 None
4-10.99 None
None Z,G94.26 50,000.00 14,000.00 22,1/0.HS
None

Total LiabilitL-'s

..... $ 1,091,867.47

70

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

COMMERCIAL BANK & TRUST CO. Griffin, Ga.

As called for by the Superintendent of Banks.

D. J. ARNOLD, President.
Date of Charter: 10-11-1889

C. T. PAR.KER, Cashwr.
Began Business: 10-9-1890

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ........ $

United States Government obliga-

tions, direct and guaranteed Obliga~i?D:S of States and political

subdlVlSlOTIS ........................................

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdrafts)

Bank premises ov-:ned, furniture and

fixtures .............................. ...............

Real e8t3.te owned other than bank

premises ____

.. __

Investments and other assets indi-

rectly representing bank premises

or othel' real estate----

_________ .

Customers' liability to this bank on

acceptances outstanding

Other assets_

2,376,055.33 2,606,935.23
37,609.58 2,575.00 None
2,681,145.8U 30,111.40 19,003.00
None None 1,247.37

Total Assets .

.... $ 7,754,7lfi.X:)

LIABILITIES

Demand deposits

...... S

Time deposits

Deposits of U. S. Government

Deposits of States and political

subdivisions

Depo~its of banks

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable_

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undi\'id(~d profits

Reserves

4,0iO,S25.13 1,820,262.82
106,287.:~7
i0:>,-186..19 :220,568.24
~0.061.74
None
None :2Hl,R2S.42 200,000.00 200,000.00 1S7 ,:~\)~.04
None

Total Liabilities

s 7,75-~.115.83

STATEl\IENT

Showing condition at the close of business December 31, 1951, of

THE STATE BANK Griffin, Ga.

As called for by the Superintendent of Banks.

D. R. CUMMING, President.
Date of Charter: 4-24-1933

F. WESTMORELAND, Cashier.
Began Busines.,: 5-~-1933

ASSETS Cash, ba1ances with other banks, in-
chuiing reserve balances, and cash items in proc(ss of collection . ~
United States Government obligations, direct and guaranteed
Obligations of States and political subdivisions
Otllcr bonds, notes, anrl debentures Corporate s1ocks (including stock of
Fedentl RPscrve Bank) Loans and discounh; (inc1u ding
overdntfts I
Bank ptemiscs o\vneti, furniture and fixtures
Real estate owned other than bank prf'mises
Investments and other assets indirectly representing bank premises
or other rc:-tl estate Customers' liability to this bank on
ac~eptances outstanUing
Other assets

1,901,380.72 :3,909,58:3.83
41.8:33.:10 None None
1 ,8/2,11S.fJG 1 0,3G:2.83 None
None None None

Total Assets _

LIABILITIES

Demand depo~.;its

Time deposits
Deposits or U. S. Governme-nt

Deposits of States and political

subdivisions

DE>nosits of hanks

Otlwr deposits ( cet'tilied and offi-

e<:>rs' ch('Cl-:s, etc.)

Bills payable_

__

l"-CC('ptanccs executed by or for

a~count of this bank and cut~

starHling-

Other liahilitic,-;

Capital

Surplus

Undivided profits

1\escrves

5,n1G,345.41 763,f)94.15
g;)'J,7li1.6~
:31~.046.94
:3,609.29
1:2.:~-lRAI
None
None f1(i.8fi0.47 1 00,000.00
~00,000.00 1 GD.012.39
None

Total Liabilities

7,13;1,678.74

THIRTY-SECOND ANNUAL REPORT

71

STATEMENT Showing condition at the close of business December 31, 1951, of
JONES COUNTY BANK Haddock, Ga.

As called for by the Superintendent of Banks.

GRADY A. SMITH, P1esident.
Date of Charter: 7-14-1905

L. M. WOODCOCK, Cashier.
Began Business: 7-25-1905

ASSETS
cash. balances with other banks, including reserve baJances, and cash items in process of collection. _______ $

United States Government obligations, direct and guaranteed _____ _

Obligations of States and political
subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (including
overdrafts) Bank premises owned, furniture and
fixtures Real estate owned other than bank
premises ____________ _

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding_

Other assets

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

Total Assets _

--- $

199,314.09 40,000.00
None None None 310,566.62
1.00 None
None None None 549,881.71

LIABILITIES

!;~!11and de)_)osits

____

l1me tlepo:::;1ts _______ --------------

Deposits of U. S. Government

Deposit~:; of States and political

subdivisions

Deposits of banks

Othe" deposits (certified and offi-

cers' checks. etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided profits

Reserves

:3S:l,Ot;2.85 68,007.53 4,407. 78
40,000.00 None
9?6.92 None
None None 25,000.00 50,000.00
~.466.6:3
None

Total Liabilities

--------- .. $ 549,881.71

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE CITIZENS BANK OF HAHIHA Hahira, Ga.

As called for by the Superintendent of Banks.

D. K. HOLLIS, President.
Date of Charter: 2-12-1927

:MRS. J. W. DARBY, Cashier.
Began Business: 2-21-1927

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ________ $

United States Government obligations, direct and guaranteed
Obligations of States and political suhdivi:-;.ions
Other bonds, notes, and debentures Corporate stocks (including stock of
Ferlcial Reserve Bank) Loans and discounts (including

overdrafts) ...

-----

Bank premises owned, furniture and

fixtures - ----------------------------------------Real estate owned other than bank

premises --------------------------------------Investments and other a~sets indi-
rectly representing bank premises

or other real estate -Customers' liability to this bank on
acceptances outstanding __ Other assets ...

Total Assets

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

317,787.80 317,9H.18
14,813.00 None None
2;)5,561.80 4,962.88 None
None None 1,500.00 912,566.66

LIABILITIES

Derna nd deposits

.. $

Time deposits Deposits of U. S. Government ________

Deposit.s of States and political

subdivisions

D{'posits of banks

Other dc>posits ( N~rtifled and offi~

cers' checks, etc.) _

Rills payable

Acceptanees exf'CUted by or for

account of this bank and out~

standing-

Other liabilities

Debentures

Capital

Surplus

UndiYided profits

RcservPs

:{95,tl8R.7:i
z:~~c-l,:~G.n:~
5,000.00
4?,-41:3.0(1 1:l2,:ll4.74
1.00 None
None 7 ,;;:30.7() 3,050.00 15,000.00 45,000.00 2:l,282.7H 5,000.00

Total Liabilities

.... ~ 912,fi66.66

72

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of

COMMERCIAL BANKING Co:\IPANY Hahira, Ga.

As called for by the Superintendent of Banks.

TALLEY LAWSOl\, President.
Date of Charter: 1-29-1946

V. A. GASKil\'S, Cashier.
Began Business: 4-5-Hl4:J

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

item~ in process of collection

~

United State:-; Covernment obliga-

tion!3, direct and guaranteed

Obligations of States and volitical

subdivisions

Other bondn, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

ow.'rdrafts l

Bank premises O'\vned, furniture and

tlxtures

Real estate owned other than bank

premises

lnve.-;tments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Otht.'l" a:'lsets

Total A::-;i'ets

-~

I f!K, l 06.23 None None None
:J,OlD.OO None
None None None

LIABILITIES

Demand deposits

Time deposits .

. ..

Deposib., oi U. S. Government

DPposit" of States and political

subdivisions

Devosits of hanks

Othe1 deposits (certified and offi-

eC'r:3 checks, etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liahilit ies

Capital

Surplus

Undividt>d profits

Rcscnes

:i/0,0.\K.io
ll:~.~Ofi.IH
None
None l\H.Uq
23.:~:~
None
None 2,500.00 25,000.00 5,000.00 1,11'i.U 1! ,illlO.OQ

Total Liabilities

ST .ATE:\IE~T

Showing condition at the close of business December 31, 1951, of

CITIZE~S HANK OF HAPEVILLE Hapeville, Ga.

As called for by the Superintendent of Banks.

A. P. JACKSON, President.
Date of Charter: 7-20-1945

H. C. TRAYLOR, Cashier.
Began Business: 9-4-1!11;)

ASSETS

Cash. balances with other banks, in-

eluding reserve balances, and cash

items in process of colleetion ... 8

United States Government obliga-

tions, dil"L'Ct and g-uaJantccd

Obligation~ of States and political

subdiYisions

Othet bonds, notes, an(l debentures

Co1porate stocks (including stock of

F't:~deral Resene Bank)

Loan~ an(l discounts (inc 1u ding

overdraft;.,)

Bank premises owne(l, furniture and

fixtUl"('S .... ....

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

Real c~t ate owned other than bank

premises

lnnstments and other assets incli-

rectly representing bank premises

or other real estate

Cuslomers' liability to this bank on

acceptances outstanding _

Other assets ...

:n:z,:i~2.2(i
!110,96S.\lS None None None
1,0:)2,71~.61 :~;),71!).\1:~
None
None None 4,0l:L61

Total Assets.

... $ 2,293,76:~.15

LIABILITIES Demand deposits Time dep1):dts DelYlsits of U. S. Govc1nment Deposits of States and political
subdivisions D('posits of banks
Other deposits (certified and officets' chC'ck~. etc.)
Bills payable
Acceptances executed by or for aecoun"L of this bank and outstanding
Other liabilitie~ Capital
Surnlus Fndidded profits l!eservcs

1 ,G:lfi, 111.60 3S:>,12().1 H 1:1.~6:2.1 'i
l~il.ilOO.OO
lO,OOil.OO
D3.s:~n.59
None
None Gli,G:1:l.49 50,000.00 40,1lOU.OO 1U<H7.11
None

Total Liabilities

...... $ 2,29:l,71i:J.15

THIRTY-SECOND ANNUAL REPORT

73

STATEME~T

Showing condition at the close of business December 31, 1951, of

BANK OF COLUMBIA COUNTY Harlem, Ga.

As called for by the Superintendent of Banks.

J. T. BARNSLEY, President.
Date of Charter: 11-29-1909

E. D. CLARY, JR. Cashier.
Began Business: 12-1:3-1909

ASSETS

Cash. balances \vith other banks, in-

cluding reserve balances, and cash

items in procfss of eollection

~

United States Government obliga-

tions, direct and guaranteed

Obligations of Statt.:s and political

subdivisions

Other bonds, notes, and debentures Corporate stocks (including stock of

Federal Reserve Bank) Loans and discounts (inc 1u ding

overdrai ts 1 Bank premises owned furniture and

fixtures Real estate owned other than bank
premises ____ ____ __ - _ ______________ _

Investments and other assets indirectly representing bank premises or other real estate _
Customers' liability to this bank on acceptances outstanding __

Other assets

Total As.set,.;

.. $

133,000.00 :-~lf.~l08 ..i~ None None
~81,251.1.)
None
None None None
8:3~.820.0~

LIABILITIES I't.:mand devosits Timt depo~its ... __
Deposits of U. S. GonTntn(llt
Df'posits of States and political .-,L!hdi\isions
lh..posits of banks Other deposits (certified and offi~
cer::;' '.:hecks, e!c). Bills payable
Ac>ceptances executed by or for account of this bank and out~ standing
Other liabilities
Capital Surplus Undi\'ided profit~ R(-'SE'l'Yes

Sll\, !34.30
101.~9!.60
4.127.o7
100,1"i:~.S4
None
12,0 t7.11 None
None
25.,:o0o8"ol:o5i"i'
2~-?,~0-~0 .36,.-,,)R. I R 10,000.00

rotal Liahilitil'S

STATEMENT

Showing condition at the close of business December 31, 1951, of

CITIZENS K~NKIJ'\G COMPANY OF HAHTWELL Hartwell, Ga.

As called for by the Superintendent of Banks.

E. C. GRIFFETH, President.
Date of Charter: 11-28-1942

A. C. SKELTON, \'ice-President.
Began Business: 1-2-1943

ASSETS

Cash, hal a nces \vit.h other banks, in~

eluding resenc balanecs, and cash

items in proce~s of eullection __ - :)

United States Government obliga-

tions, dirtct and v:uarantel'd

Oblhrations (Jf States and political

subdivisions

Othe1' bonds. notes, and debentures

Corporate ::;tocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc 1u ding

overdrafts) ---

... - . -----

Bank premises owned, furniture and

fixtut~s - ............ ----------

Real estate owned other than bank

premises

Inve::;tments and other assets incli~

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other assets

~)t'l~l,27:J.:).)
1,210.6:21.1.) None None None
:288,1i9.J.:21 l"i,Gti:~.O!J None
None None None

Total Assets ................................. $ 2,506,159.6\"i

LIABILITIES Demand depo:-;its Time deposits Deposits of TJ. S. Gon:>rnnwnt Dcposits of States ancl political
subdi\i:'ions D(posits of hanks Other dt.posits ( cPrtificd and offi-
cers' checks. ete.) Dills payable AccPptances executed by or for
account of this bank and outstanding Other liabilities Capital Snrplus Lndi\idE'd profits
Hesc!"\('S

~.~1-t,iiOB.0,1
None fi,0/2.51
1 0ii,C05.21 None
7 .ooo. :n
None
None None 50,000.00 1<J.IIOIJ.OO :21-1 ':2 ;~:i.6.) ;i.o:lS.9 1

Total Liabiliti('s

2.fi06,LiD.66

74

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of

PLANTERS BANK Hawkinsville, Ga.
As called for by the Superintendent of Banks.

W. N. Pate, President.
Date of Charter: 2-27-1896

J. P. McGRIFF Cashier. '
Began Business: 0-1896

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection. $ United State~ Government obligations, direct and guaranteed Obligations of States and political
subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans awl discounts (including
overdrafts) Bank premises owned, furniture and
fixtures Real f'State owned other than bank
premises Investments and other assets indi-
rectly representing bank premises or other real estate __ Customers' liability to this bank on acceptances outstanding Other assets _

841, 1/S.;:d 7 49,2fD.6~)
None None None g35,S88.22 2,500.00 None
None None None

Total Assets .

2,120,126.45

LIABILITIES

}!~rnand dcr~osits .

. .. ~

!nne dt'Plhlts .......... --- ----------

nevosit.:. uf U. S. Government _

Deposits of States and political

subdivisions

Dvpusits of banks

Othct deposits (certified and offi.

eers' cheeks, etc.)

Bills payal.Hc

.Aeceptances executed by or for

acr:ount of thh; bank and out~

standing

Othl'r liahilitie::::

Capital

;:;urplm;

Undiyided profits

Re:::;erves

i,930,li7.93 10,223.86 None
2::2,~180.39
None
11.870.4:] None
None None 100,000.00
,;o,ooo.oo
66,000.00 29,364.84

Total Liabilities

~~~~~~ $ 2.429,126.45

STATEMENT

Showing condition at the close of business December 31, 1951, of

PULASKI BANKING COMPANY Hawkinsville, Ga.

As called for by the Superintendent of Banks.

R. D. BUCHAN, President.
Date of Charter: 7-20-1949.

D. L. WILLIAMS, Cashier.
Began Business: 8-27-1949.

ASSETS

Cash, balances with other banks, in-

cluding l'escrve balance, and cash

items in I:l'Occss of colh:ction .... $

United States Government obliga-

tions, direct and g-uaranteed Obliga~i<;n~s of State and political

subdiVISIOnS

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

Other bonds. notes. an{l debentures

Corporate stocks (including ::5tock of Fcdetal Reserve Bank) _______ _

Loans and discounts (including

overdraftt'i)

Bank premises owned, furniture and

fixtures

Rea! estate owned other than bank

premises

__

Investments and other assets indirectly representing bank premises

or other real C'State _

Customers liability to this bank on

acceptances outstanding

Other assets

Total Assets ..

~~ ~~~~~~~~ $

40C, ,63C, .7 4 27:5.000.00
None None None
17,:JR1.79 None
None None 863.67
976,7:~0.71

LIAJ3ILITIES

Demand deposits

...... ;1;

Time deposits ... ___ .. -------------

Depcsits of U. S. Government Deposits of States and political

subdivisions -- Deposits of banks ----------------------- _ ___

Other deposits (certified and offi-

C'e!s' chpcks. etc.)

Bills payable ~~~~~ ~~~~~~~~ ~~ ~---~~~-~~~ ~~~~~~-~~

Acceptances executed by or for ac~

count of this bank and outstand-

ing

__ _

Other liabilities

Capital Surplus lJndivided profits

Reserves ....

687,518.32
5:~,itt-iG.56
None
170,h20.18 None
f!57.ii7 None
None 81S.% 50,000.00 12,500.00
7GO.l:~
None

Total Liabilities

~~~~~~~ .. S 976.C,80.71

THIRTY-SECOND ANNUAL REPORT

75

STA TEME~T Showing condition at the close of business December 31, 1951, of

BANK OF HAZLEHUHST Hazlehurst, Ga.

As called for by the Superintendent of Banks.

JOHN ROGERS, President.
Date of Charter: 10-19-1906

MARY WALKER, Ca5hier.
Began Business: 10-1906

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in }JroccsS of col!Pction __ .. $

United States Go\'Crnment obliga-

tions, direct and gnaranieed ------

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises ~--

___________ _

Investments and other assets indi-

rectly representing bank premises

or other real estate __ _

Customers' liability to this bank on

acceptances outstanding

Othet assets

!, !16,310.2il
None None None 222,597.15
2.00 1.00
None None
7,67~).00

Total AEseis

1,700,286.78

LIABILITIES

Demand deposits

$

Time deposits --------- -------- Depositl-5 of U. S. Government

Deposits of States and political

subdivisions

DPposits of banks

Other deposits (certified and offi-

cers' ch('-cks, etc.)

Hill3 payable~

Acceptances executed by or for

account of this bank and out-

standing

Other Jia bjJitie,_

Capital

~

Surplus

Undivided profits

Reserves

1,1:10,552.27 1,:2(ifi.12 None
108,1'08.87 None
18,W2.R6 None
None 17,41 8.42 25,000.00 41,000.00 41,580.08 16,749.16

Total Liabilities

.... $ 1,700,286.7~

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF HIAWASSEE Hiawassee, Ga.

As called for by the Superintendent of Banks.

W. 0. SPARKS, President.
Date of Charter: 6-14-1909

J. Y. DENTON, Cashier.
Began Business: 7-21-1909

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ....... $ United States Government obligations, direct and guaranteed Oblig-ations of States and political subdivisions Other bonds, notes, and debentures Corporait stocks (including stock of Federal Reserve Bank) Loans and discounts (inc l u d. in g overdrafts) Bank premises owned, furniture and fixtures Real estate nwnc<l other than bank
premises Investments and other assets indi-
rectly representing bank premises or other real estate ________________ ----~-
Customers' liability to this bank on acceptances outstanding
Other assets

41!1,045.8~
282,000.00 None None None
310.661.7.5 2.00
None
None None None

Total Assets ~~~ ~ ~~~~~~~~~~~~~~~~~~~~ ~~~~ $ 1,008,609.57

LIABILITIES

Demand deposits

-- $

Time deposits

Deposits of U. S. Governtnent _

Deposits of States and political

~ubdivisions

Deposits of banks

Othc1 dPposits (certified and offi-

cers' checks, etc.)

Bills payable

AccPptances executed by or for

aceount of this bank and out-

standing-

Other Jiabilitics __

Capital

Su:rplns

Undivided profits

RcserYes

6l:l,:l70.1 0 1 ~Hl,51~UHl
None
Sl,S76.:l4 None
2,fl1S.92 None
None None 25,000.00 ! G,OOO.OO S,72fl.22 2,500.00

Total Liahilities

$ J,oo8,609.o7

76

DEPARTMENT OF BANKING

ST ATElVIE~T Showing condition at the close of business December 31, 1951, of
THE HINESVILLE BANK Hinesville, Ga.

As called for by the Superintendent of Banks.

T. H. McDOWELL, President.
Date of Charter: 9-4-1911

W. F. MARTIN, JR., Cashier.
Began Business: 11-15-1911

ASSETS Cash, balances with other banks, in-
cluding reserve balances. and cash items in process of collection $ United States (~overnment obligation~. direct and guaranteed Obligations of ;:;tates and political subdivbions
Other bonds, notes, and debentures Corporate 3V~1cks ( inciuding stock of
Federal Rcst>rve Bank) Loans and discounts (inc I u ding
overdrafts)
Bank premises owned, furniture and fixtures
Real estate o\vned other than bank premises
ln\estments and other as:::.cts indirectly representing bank premises or other real estate _
Customer"'' liability to this bank on acceptances outstanding _
Othe1 assets

0:-;..1,6;~8.80
:.321,000.00 207,000.00
None None 47"1,:;6.1.17 6-!1.98 None
None None
B.1~.S.1-1

LIABILITIES Demand deposits Time deposits Deposits of U. S. Government Deposits of States and political
subdivisions Deposits of banks OthPr deposits ( certific1l and offi-
cers' checks, etc.) J:ills payable .\eeeptances executed by or for ac-
count of this bank and outstanding
Other liabilities Capital Surplus Undivided profib
HE::>Cl"\TS

%6,607.0[ 69,04:l.63 6,:350.46
202,7il:t84 105.73
t o,27:us
None
None 1,19:).00 25,000.00 25,000.00 28,102.00
2~.g6:~.84

Total Liabilities

t,a62.79-L 99

STATE:VIE~T

Showing condition at the close of business December 31, 1951, of

E:\IPIRE BANKING COMPANY Homerville, Ga.

As called for by the Superintendent of Banks.

J. L. SUMMERLIN, President.
Date of Charter: 3-1-1945

MARCUS SMITH, Cashier.
Began Business: 6-1-1945

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash

items in }1roccs~ of collection

~

Unite1l States Government obliga-

tions, direct and ).;uarantecd

Ob1igat ion:~ of States anJ political

subdivisions

Other bond~. not{'o, and lldwnt.ures

Corporate stocks (including stock of

Fedcr:d Heserve Bank)

Loans and dh:;counts (including

')verdrafb)

Bank premises 0\Vncd, furniture and

fixtur(>;;

Real estate owned other than bank

premises

Investments and other assets indi-

rt:ctly representing bank premises

O!" other real estate

Customers liability to this bank on

acceptances outstanding

Other assets

Total Assets

Li;~,ll 1.:-w
1< ;;,ooo.oo
9,500.00
~.uoo.oo
None
3~5.00
4,000.00
None None None 896,877.69

LIABILITIES

Demand deposits ......... -.......................... $

Time deposits

Deposits of U. S. Government

DPposits of States and political

subdivisions

Deposits of Uanks

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

_." .....

.Acceptances executed by or for

account of this bank and out-

otanding

Other liabilitieo

Capital

Surplus

Undivided profits

Reserves .

588,305.17 161,620.69 10,000.00
62,722.23 None
17 ,59:~.55 None
None 2,040.00 2G,OOO.OO 22,000.00 4,'596.05
None

Total Liabilities .................. - $ 896,877.69

THIRTY-SECOND ANNUAL REPORT

77

STATEMENT Showing condition at the close of business December 31, 1951, of
BANK OF ILA Ila, Ga.
As called for by the Superintendent of Banks.

G. W. WESTBROOK, President.
Date of Charter: 10-11-1910

RUBY Y. GOBER, Cashier.
Began Business: 10-15-1910

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ..... __ :\) United States Governrnent obligations, direct and guaranteed Obligations of States and political subdivisions Other bonds, notes, and debentures Corpol'ate stocks (including stock of Federal Reserve Bank) Loam; and dh;counts (including overdrafts) Bank premises owned, furniture and
fixtures ------ ---------------------Real estate owned other than bank
premises Investments and other assets indi-
rectly representing bank premises or other real estate Customers' liability to this bank on acceptances outstanding _ Other assets
Total Aflsets

5i,589.\J6 ',000.00 None None None
;)2,652,66
None
None None None ll K,564.:30

LIABILITIES Demand deposits . Time deposit~ ... ..... ......... ..... . Deposits of U. S. Government . Deposits of States and political
subdivisions DPposits of banks
Otlwr deposits (certified and officer~ checks, etc. J
Bills payable
Acceptances executed by or for account of this bank and outstanding
Other liabilities
Cavital Surplus
Undivided profits Reserves ..

83,603.3~
1,000.00 None
None None
None None
None 105.75 15,000.00 16,000.00
z,g55.2~)
None

Total Liabilities

STATEMENT

Showing condition at the close of business December 31, 1951, of

JASPER BA~KING COMPANY Jasper, Ga.

As called for by the Superintendent of Banks.

R. M. EDGE, President.
Date of Charter: 1-17-1945

JAY L. HAHRTSO:--J, Cashier.
Began Business: 3-12-194;)

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection.. S United States Government obligations, direct and guaranteed Obligations of States and political subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of Federal Reserve Bank) Loans and discounts (including overdrafts) ......................................... . Bank premises owned, furniture and
fixtures ........................................... .
Real estate owned other than bank premises ..........................................
Investments and other assets indirectly representing bank premises or other real estate ...---
Customers' liability to this bank on acceptances outstanding . _
Other assets .....

None None None .322,116.71
1~.181.9:1
1.00
None None 1,280.80

Total Assets

.......... $ 1,655,1:13.76

LIABILITIES Demand denosits Tim(' deposits Deposits of U. S. Governm('nt
Deposits of States and political subdivisions
Deposits of banks Otlwr deposits ( cel'tified and offi-
Cf'rs' checks, etc.) Bills payable . Acceptances execute-:1 by or for
account of this bunk and out'Standing
Other liabiliti('s Capital Surplus
Undivided profits Reserves

l91,91tL33 None
44.00 None
None 440.62 25,000.00 25,000.00 26,RH.a;. 2.),000.()0

Total Liabilities

1,655,1:1:1.76

78

DEPARTMENT OF BANKING

STATEME~T

Showing condition at the close of business December 31, 1951, of

BAXK OF JO~ESBORO Jonesboro, Ga.

As called for by the Superintendent of Banks.

J. 0. HIGHTOWER, Viee-President.
Date of Charter: 10-6-1903

.J. B. PULLIAM Cashier. '
Began Business: 11-7-1903

ASSETS

Cash, balances with other banks, in

eluding reserve balances, and cash

items in llTOCess of collection .... $

UnitE'd States Government obliga-

tions, direct and guarHnteed

Obligations of States and political

subdivisions

Othet' bonds, notes, and debentures

Corporate stocks (including stock of

FPderal Reserve Bank)

Loans and discounts (including-

overdrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bapk

premises

____

.

Investments and other assets indi-

rectly representing bank premise;:;

or othe1 real estate

Customers' liability to this bank on

acceptanees outstanding

Other assets .

830,!111.:--:; None None None
5,:}89.6!1 None
None None None

Total Assets

.. $ 1,326,501.07

LIABILITIES

Demand Jcpo:::;its

.. S

Time deposit~

Deposits of U. S. Government

DPpo::;its of States and politieal

subdivisions

Deposits of banks

Othe1' deposits (certified and offi~

eet's' (hecks, etc.)

Jl ills payable

..... .

Acceptances executed by or for

account of this bank and out-

standing

Othel' liabilities

Capital

Surplus

UndiYided profits

Rl'SC!'\'~

313,041.24 None
:~62.49
None
None None 25,000.00 25,000.00
2il,0:~0.93
G,:l81.50

Total Liabilitie~

% 1.:126 .\01.07

STATEMENT

Showing condition at the close of business December 31, 1951, of

KENNESAW STATE BANK

Kennesaw, Ga.

As called for by the Superintendent of Banks.

MRS. MILDRED SMITH, President.
Date of Charter: 4-10-1910

L. C. CHALKER, Cashier.
Began Business: 3-10-1910

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ..... $ United States Government obligations, direct and guaranteed Obligations of States and political subdivisions Other bonds, notes. and debentures Corporate stocks (including stock of Federal Reserve Bank) _____ ------Loans and discounts (inc 1u ding overdrafts) ------- .. ---------- ..... ---- .. Bank premises owned. furniture and
fixture~
Real estate owned other than bank premises ______ -------------- ____________ _
In\estments and other assets indi~ rectly rep resenting bank premises or other real estate
Customers' liability to this bank on acceptances outstanding
Other assets_
Total Assets

128,77 4.9~ None None None None
31 .0~5.:~i'i 8,8i'i0.0U None
None None None

LIABILITIES

Demand deposits

$

Time deposits

Deposits of U. S. Government_

Deposits of States and political

subdivisions

Deposits of banks _

Other deposits (certified and offi-

cers' checks. etc.)

Bills payable

........ .

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities _

Capital

Surplus

lJndivided profits

Reserves

118,2RUO
~3,2'26.';-'i
None
None None
1,;8R.54 None
None None 15.000.00 5,000.00 5,008.72 1,400.00

Total Liabilities

169.650.33

-

THIRTY-SECOND ANNUAL REPORT

79

STATEMENT

Showing condition at the close of business December 31, 1951, of

STATE BANK OF KINGSLAND

Kingsland, Ga.

As called for by the Superintendent of Banks.

C. D. GRAINGER, P1esident.
Date of Charter: 11-26-1912

C. C. SMITH, Cashier.
Began Business: 12-1912

ASSETS cash, balances with other banks, in-
cluding reserve balances, and cash items in proces~ of collection.. .. ;;;
United States GoYernment obligations, din:rt and gwnanteed ..
Obligations of States and political
subdivisions Other bonds, notes. and debentures Corporate stoeks (including stock of
FeJend H.e.,ervc Bank)_ Loans an(! discounts (inc Iu ding
overdrafts) Bank premi8es O\Ynetl, furniture and
fixtures Real estate o\vned other than bank
premises Investment:::; and other assets indi-
rectly representing bank premises or other real estate ... _..... Customers' liability to this bank on acceptanC'es outstanding .
Other assets

242,825.:_;.) 314,802.00
:),500.00 None No:ae
4:35,1S~.D~
3,57 .5.80 None
None None None

Total Asst'ts

S 1,2:H,H92.07

LIABILITIES Demand depo~it" Time dLPo~its
Deposits of U. S. Government Depo~its of States and political
subdivisions
Deposits of banks ... _... Other df:'posits (certified and offi-
cers checks, etc.) Bills payable __
Acceptances executed by or for
account of this bank and outstanding-
Other liabilities
Capital Surplus
Undivided profits Heserves

H7,714.96
40G,Ii1~.60
None
266.Rl2.40 None
j' ,200.67 None
None None 25,000.00 35,000.00 15,000.00 29,550..14

Total Liabilities

--- $ 1,2:11,892.07

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE BANK OF LAFAYETTE

Lafayette, Ga.

As called for by the Superintendent of Banks.

C. C. GILBERT, President.
Date of Charter: 11-13-1889

W. L. BAKER, Cashier.
Began Business: 1899

ASSETS

Cash, balance::> \vith other banks, in-

cluding reserve balances, and cash

items in prOl'P~s of collection

$

United States Government obliga-

tions, dirL"ct :-:~.nd guaranteed

Obligations (Jf States and political

;-.ubdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdraft.,; t

Bank premi::;es o\vned, furnitu1e and

fixtures

Real estate owned other than bank

premi::;es

_... . .

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers liability to this bank on

acceptances outstanding.

Other as~ets

86o,,q.:19.~0
1,:!94,Sl"j0.l.S 776,878.97 None None 681,54;).:!7 ~7 ,000.()0 1,:)00.00
None None None

LIABILITIES Demand depu::;its 'l'ime deposits
Deposits of U. S. Govel'nment Deposits of States and political
subdivisions Deposits of banks Other deposits (certified and offi-
cers' checks, etc.) Bill,; payable Acceptances executed by or for
account of this bank and outstanrling Other liabilities
Capital Surplus Undidded profit~
Rpse~ves

1,782,058.20 1,128,5:JS.78
2B.778.68
152,15B.17 None
2,:l6H.97 None
None 9,062.15 100,000.00 140,000.00 100,000.00 27 ,822.07>

Total Liabilities

80

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE CITIZENS & SOUTHERN BANK OF LaGRANGE LaGrange, Ga.

As called for by the Superintendent of Banks.

OLIN F. FULMER, JR., President.
Date of Charter: 7-23-1937

W. F. HOLLE, JR Cashier. .,
Began Business: 8-2-1937

ASSETS

Cash, balances vdth other banks, in-

cluding reserve balances. and cash

items in lJl"OCES of collection

$

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corpora~e stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdrafts)

Bank premises o\vned, furniture and

fixtures

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding __

Other atJs<:ts

5,604,466.:JG 2,08-l.fJ37 .50 1,68Ll,S6::L6(J
None None
149,256.42 None
None None
:J:~.25:1.76

Total Assets

LIABILITIES

D(>mand deposits

.. ~

Time denosits

Deposits of U. S. Go\"elnnwnt

Deposits of States and political

suhdi~.isions ..... .

Deposits of banks

Oth<..'r dPposits (certified and offi-

cers' ched;:s, etc.'

Bills payable

Aceeptanccs executed by or for

account of this bank and out-

P.tanding

Othe1 liabilities

Capital

Surplus

Undivided ])rofits .

Reserves .................

s.:Jn4,<2:J. 99 :2.~?R,!~7.74
I S8. I ;11.47
1 .:~-16,9i)j .43 :n.4oS.76
1 o,<68.48 None
None 1:32,3:23.27 200,000.00 300,000.00 121,6\10.77 43,417.46

Total Liabilitit's

$ 14,47:-;,n:w.:n

STATEMENT

Showing condition at the close of business December 31, 1951, of

LaGRANGE BANKING COMPANY LaGrange, Ga.

As called for by the Superintendent of Banks.

C. W. CURRY, President.
Date of Charter: 7-8-1941

NEIL GLASS, Cashier.
Began Business: 9-15-1941

ASSETS

Cash, balances with other banks, in-

cluding- reserve balances, and cash

items in vrocess of collection .... $

United State::; G-overnment obliga-

tions, direct and guaranteed

Obliga~i~m.s of States and political

sulJdlVISlOns ---------------

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc I u ding

overdrafts)

Bank premises owned, fucniture and

fixtures

Real estate owned other than bank

premises

.

___ __ _____ __

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on acceptances outstanding________

Other assets__

1,310,2Ufi.29 992,862.11
448,465.:~8
None None 1,257,351.64 101,966.R9 None
None None None

Total Assets

"""""" $ 4,113,851.31

LIABILITIES Demand deposits Time deposits l)eposits of U. S. Government_
Deposits of States and political
subdivisions .... Deposits of banks
Other deposits (certified and officers' checks. etc.)
Dills payable "
Acceptances executed by or for account of this bank and out~ standing
Other liabilities
Capital Surplus
Undivided profits Resc1ves

2,63],:J06.01 9l:l,:!:l2.59 None
:!11.:!4P.93 fj<l, 15-t.ll
1, \~2.50 None
None 1,250.06 100,000.00 100,000.00
.s.ooo.oo
~;>,876.51

Total Liabilities

THIRTY-SECOND ANNUAL REPORT

81

ST A TEl\IEl\'T

Showing condition at the close of business December 31, 1951, of

FARMERS & MERCHANTS BANK Lakeland, Ga.

As called for by the Superintendent of Banks.

W. L. MILLER, President.
Date of Charter: 4-18-1907

W. C. BANKS, Cashier.
Began BuEiness: 1907

ASSETS

:::ash, balances with other banks, including reserve balances. and cash items in process of collection -- $
United States Goyernment obligations. direct and guaranteed ______ _

Qblh:rations of States and political

subdivisions Other bonds, notes, and debentures corporate E'locks (including stock of
Federal Reserve Bank) __

Loans and discounts (inc 1u ding

overdrafts l Bank premises owned, furniture and

fixtures

Real estat(~ owned other than bank

premises

. ________________ .-- ____

Investments and other assets indirectly l'C'IH'C'Senting bank premises

or other real estate

Customers' liability to this bank on acceptances outstanding

Other assets __

33i,002.70
None None None 263.:J:Js.:n 12,021.91 None
None None None

Total Assets

1,:202,700.82

LIABILITIES D-'mand depo~;it~ Time depo:::;;its Deposit::;; of V. S. Govc1nment Depo~lts of States and political
subdivisions Deposits of banks OthPl' deposjts ( r-ertified and offi-
cert>' checks, etc. I Bills payable Acceptanees CX(cuted by or for
account of this bank and outstanding-
Other liabilities Capital
Surplus
LJndivi<led profits ResErves

'jfi9,7:'i4.;.;2 :l01,4J:l.31
None
IO.:Hl.l2 None
lO,fli-'?'.0~
None
None None 21i.OIJO.OO 2~,000.~~ ,),1 tiff. j
~3.UU0.00

Total Liahilitlh:;

S'L\TlmE~T

Showing condition at the close of business December :H, 1951, of

LAKE PARK BA~K Lake Park, Ga.

As called for by the Superintendent of flanks.

NED DAVIS, President.
Date of Charter: 1-22-1906

G. D. CORBETT, Cashier.
Began Bm<iness: :l-1VOG

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in proc{'SS of collection........ $

United States Government obliga~

tins, dhec.t and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

COlporate stocks (including stock of

F{'der:d Reserve Bank)

Loaw; and discounts (including

overdrafts) .......... ....

-

Bank prcmis...;s owned, furnitu1e and

fixiu res

Real estate owned other than bank

premises

lnvestnwnts and otlwr assets indi-

rectl;.r rcplesentjng bank premises

or other real estate

Customers' liability to this bank on

aceeptances outstanding

Other assets .

Total Assets .

88,463.18 None None None None
300.00 None
None None None 129,!197.09

LIABILITIES Demand deposits Time deposits De>posits of U. S. Government DPposits of States and. political
subdivisi~ms
Deposits of banks Other dcpo~its ( certifie(l and offi-
cers' checks, etc. J Hills payable "'\cctptant('S cxecuicd by or for
~1ccuunt nf this bank and outstanding Other liabilities Capital Surplns Undivided profits
H.tSel'\'f'S

~:-~.::.:o.H:{ ~ 1.11,~<,-L~t:~
None
None None
:!l 1.!12 None
None
"Nidle
15,000.00 :1.0011.00 L .-~i ~~. :~ 1 None

Tohd Liabilities

82

DEPARTMENT OF BANKING

STATE:\1E~T
Showing condition at the close of business December 31, 1951, of

NORTHEAST GEORGIA BANK Lavonia, Ga.

As called for by the Superintendent of Banks.

\V. N. HARRISON, President.
Date of Charter: 9-20-19JO

W. N. HARRISON Cashier. '
Began Business: 9-23-1940

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash items in peocess of collection.... ~

Unitld Statt:!s Gov0rnment obliga-

tions, dire-ct and guaranteed

Obligation:::s of States and political

subdivi~ions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Dank) Loans an(l discounts (including

overdrafts)

Bank premises owned, furnitute and

fixtures

Real estate owned other than bank

premises

__________ - __________ ..

Investments and other assets indi

rectly representing bank premises

or other real estate Customers' liability to this bank on

acceptances outstanding

Other assets

5:!7 ,386.40
1,201,~84.38
None None None 276,891.09 9,858.50 None
None None None

LIABILITIES

Demand deposits

__ .... $

Time deposits

Deposits of U. S. Government

Dt>posits of States and political

subdivisions

Deposits of banks_

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

Acceptance~ executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Sun}lus .................

Undivided 11rofits

Resenes

1,692,027.25 1D,o7R.l6 None
187,657.49 None
S,921.42 None
None 5.635.17 25,000.00 65,000.00 11,600.88
None

Total Asset2

.... $ 2,015,.120.37

Total Liabilities

$ 2,015,420.37

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE BRAND BANKING COMPANY Lawrenceville, Ga.

As called for by the Superintendent of Banks.

BARTOW MORGAN, JR., President.
Date of Charter: 6-2-1905

HARRISON W. BRASELTOX, Assistant Cashier.
Began Business: 7-17-1905

ASSETS

Cash, b:1lances with other banks, in-

cluding reserve balances, and cash

items in process of collection. $

United States Government obliga-

tions, direct and guaranteeJ

Obligations of States and political

subdivisions

. .. .. .

Other bonds, not('~. u nd debentures .

Corporate stoeks (including stock of

Federal Reserve Dank)

Loans and discounts (including

overdrafts)

Bank }Hemises o\vned, ftuniture and

fixtures

....

.

Real estate o\vned other than bank

premises

Investments and othe1 assets indi-

reetly representing bank PI'emises

or uther 1enl estat!

Customers' liability to thi-.; bank nn

ac-eeptan'~'-':; outst:tndill~;

Other assct.:3

508,690.07 8!)2,159.55 lfi4,!1:H.2;J
4:3,854.70 3,000.00
l,OOO.IlO
None :Zl,/01.11)

:2,07!1.~}00.0~

LIABILITIES

~~mand de~)Osits

lune deposits ...............................

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

.....

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided profi~"'

Reserves

890,:)4~.96
6Sn .st; 1.39 1,4-!9.68
2SS,R07.49 None
i)f)8,12 None
None
:~:l:l.50
50,000.00 50,000.1){) 10S,R:l5.90
None

Total Liabilitit:>s

~.071.L~H}n.o t

THIRTY-FIRST ANNUAL REPORT

83

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE STATE BANK OF LEESBURG Leesburg, Ga.
As called for by the Superintendent of Banks.

J. R. CANNON, President.
Date of Charter: 4-9-1947

T. R. CANNON, Cashier.
Began Business: 12-1-1947

ASSETS

ca.sh, balances with other banks, in-

eluding reserve balances, and cash

items in vroce;s of collection....... S

United States Government obliga-

tions, direct and g-uaranteed ....... .

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc 1u ding

overdraft;)

Bank premises owned. furniture and

fixtures

Real estate owned other than bank

premises

_____ _

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding _

Other assets .... ------------ --

Total Assets

$

303,648.28 145,035.1:)
None None None S7,9:n.nG 6,86l.lil None
None None None 543,480.70

LIABILITIES

Demand deposits

... '.)

Time deposits

...... .

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposits of banks _

Other deposits (certified and offi

cers' checks, etc.) __

Bills payable _

Acceptances executed by or for

account of this bank and out-

standing

Other Iiabllities __

Capital Surplus

____________ ..... .

Undivided vrofits

Reserves

339,517.1~
8,693.2:1 None
152,078.9:! None
None None
None None 25,000.00 5,000.00 IC\,191.10 None

STATEMENT Showing condition at the close of business December 31, 1951, of

BANK OF LENOX Lenox, Ga.
As called for by the Superintendent of Banks.

R. H. ROBINSON, President.
Date of Charter: 6-20-1907

ASSETS Cash, balances with other banks, in
eluding reserve balances, and cash items in process of collection ........ $
United States Government obliga tins, direct and guaranteed
Obliga.tio~H~ of States and political
SUbdtVOISlnS ------------------ Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (inc I u ding
overdrafts) - ----- ............. ------Bank premises owned, furniture and
fixtures - -- ---------------------- Real estate owned other than bank
premises
Investments and other assets indi-
rectly representing bank premises
or other real estate Customers' liability to this bank Qn
acceptances outstanding Other assets

243,09~.9i
565,i57.82 60,052.80 None None
432,942.01) 1,233.53 None
None None None

TotaI Assets

............ $ 1,:)0:3,079.0~

W. M. REVELS, Cashier.
Began Business: 6-25-1907

LIABILITIES

Demand deposits

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

Time deposits ....

Deposits of U. S. Government

Deposits of States and political

subdivisions .........................

Deposits of banks ---

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable-

___ _

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided profits

Reserves

6:39,961.05 :no.318.34
12,857.56
66.128.21 15,896.35
26,116.62 None
None 4,000.00 50,000.00 100,000.00 :11,734.67 23,066.29

Total Liabilities

1,:l0~.079.09

84

DEPARTMENT OF BANKING

STATEME"NT

Showing condition at the close of business December 31, 1951, of

FARMERS & MERCHANTS BANK Leslie, Ga.

As called for by the Superintendent of Banks.

W. T. ANDERSON, President.
Date of Charter: 12-19-1940

W. T. ANDERSON Cashier. '
Began Business: 1-2-1941

ASSETS Cash, balances with other banks, in-

cluding reser\'e balances, and cash

items in process of collection

$

United States Government obliga-

tionD, direct and guaranteeJ

Obligations of States and political

subdivisions Othet~ bnnds, notes, and debpn tu res

Corpora1c stocks (including stock of

Federal H.eserve Bank)

Loans and discounts (inc I u ding

overdrafts) --- ---------- .... ...... Bank premises owned, furniture and

fixtutes

Real estate owned other than bank

premises _

________

__

InYcstments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding _

Other assets

Total Assets

.. ~

-10 1.~06 ..50 100,20t.l2
None None None
1,900.00 None
None None 6,4';k.7i

LIABILITIES

Demand deposits .

.. ~

Time dero~its

Deposits of U. S. Government

Deposits of States and political

suLdivisions

Deposits of banks

Othei' deposits (certified and offi-

cers' checks, etc.)_

Bills payable

AeceptanceR executed by or for

account of this bank and out-

standing

Other lia bilitieR

Capital

Surplus

1Tndivid~d

Reserves

191,47:l.O! :);1,11H.ti4 None
:L:~\11 t;J
s.ooo:oo
None None
None 1,5%.iR 25,000.00 15,000.00 6,6S8.32
None

Total Liabilities

STATEMENT

Showing condition at the close of business December 31, 1931. of

CITIZENS BANKING COMPANY

Lexington, Ga.

As called for by the Superintendent of Banks.

W. E. EVANS, President.
Date of Charter: 2-7-1949

W. E. EVANS, Cashier.
Began Business: 3-10-1949

ASSETS

Cash, balances with other banks, in-

cluding reserve balance, and cash

items in process of colh._,ction .... $

United States Government obliga-

tions, direct and guaranteed

Obligations of State and political

subclivi:::;ions

Other bonds, notes, and debentures

Corporate stocks ( induding stock of

Federal Reserve Bank)

_

Loans and dbcounts (including

ovenlrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Custorners' liability to this bank on

acceptances outstanding

Other assets

161,:3~ !.:33 111,790.00
None None None 102,21:3.41
None
None None 636.94

LIABILITIES Demand deposits Time deposits Deposits of U. S. Government Deposits of States and political
subdivisions Deposits of banJi:s
Other deposits (certified and offiCPns' checks, etc. I
Bills payable
Acceptances executed by or for acccunts of this bank and outstanding
Other liabilities Capital
Surplus 1.JndiYided proflts Reserves

2,10,H22.~4
:21,.19(J.fl!"l 2,000.00
60,000.(10 I 3,000.00
~:: ,1.t -;- .4 :~ None
None None 25,000.00 5,000.00 0,477.35 None

Total Assets

377 ,9:l8.71

Total Liabilities

THIRTY-SECOND ANNUAL REPORT

85

STATEMENT Showing condition at the close of business December 31, 1951, of
FARMERS STATE BANK Lincolnton, Ga.

As called for by the Superintendent of Banks.

J. J. HARNESBER'GER, President.
Date of Charter: D-26-1911

GEO. C. LEVERETT, JR., Cashier.
Began Business: 12-2-1911

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ....... $

United S~atcs Government obligations, d~red. and guaranteed --
Qbliga~i<:n.s of ~tate3 and political

subdiVIsiOns -- -----------------------------

Other bonds. notes, and debentures

Corporate ::;tacks (including stock of

Federal Ht!St rve Bank)

Loans and discounts (including

overdrafif')

---

....

Bank premises owned, furniture and

fixtureH

Real estate o\vned other than bank

premise::;

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

Investments and other assets indi-

rectly reprpsenting bank premises

or other real estate_

Customers' liability to this bank on

acceptances outstanding_

Other assets -

Total As3et:--

773,108.5:_: 41,9ll.R7 None None 260,461AiJ 2.00 None
None None None l,fi:3:2.18X.;"i7

LIABILITIES

Demand deposits

.$

Time deposits --- __ -- -- ...

Deposits of U. S. Go\ernment

D('posits of States and political

subdivisions -----.

Deposits of banks

Otl1f'l' depo::;its (certified and offi-

cers' chPcks, etc.l

Billt5 payable

Acceptances executed bv or for

account of this bank and out-

standing-

Other liabilities

Capital

Surplus

Undivided profits

He~~tves

g:l2,2-!8.61 275.808.66
16,711.93
172 ,!>27 .87 None
772.00 None
None 2,?;l6.m> 25.000.00 50,000.00 4971:!~~ L>,24ti ..w

Total Liabilities

.... $ 1,5:J2,JSH.57

STATEl\IENT

Showing condition at the close of business DPcernber 31, 1951, of

THE PEOPLES BANK Lithonia, Ga.

As called for by the Superintendent of Banks.

I. M. STARR, SR., President.
Date of Charter: 8-26-1910

I. :.\l. STARR, SR, Cashier.
Began Business: 1910

ASSETS

Cash, balances 'vith other banks, in-

cluding reserve balances, and cash

items in procPss of collection.. ... $

United States Government obliga-

tions, direct and guaranteed

Obligations uf States and political

subdiv,i:::,lons

Other bonds, notes, and debentures

Corporate stocks ( i:1clnding stock of

Federal Re~r>rve Bank)

___ --

Loans and discounts (including

overdrafts) ----- .. --------- Bank p1emises owned, furniture and

fixtures - _____ _________ ----------------- -

Real estate owned other than bank

premises __

_____ - --- -- -------- --

Investments and other assets indi-

rectly representing bank premises

or other real estate _ -

Customers' liability to this bank on

acceptances outstanding Other assets _

Total Assets .

.. $

18G,7:2R.16 484,700.00
None None None 36 ,iiZ1.70 2,500.00 None
None None None

LIABILITIES

Dcmc.1nd dc110sits . _

- $

Time deposits

Deposits of U. S. Government

Dt::-/lO~its of States and political

subdivisions

Deposits of banks_

Other deposits (certified and offi-

cers' checks. etc. J

Bills vayable

......

Acceptances executed by or for

acc:oun t of this bank and out-

standing

Other liabilities_

Capital

Sur:plus

Undivided profits

Reserves

5'1-1,R,l4.07 53,']:l:l.26 None
38,9P.9.86 None
Fifi.l5 None
None 2,500.00 25,000.00 25,000.00 ~.o 16.52 11,.500.00

Total Liabilities

709,119.86

86

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE FARMERS BANK Locust GroYe, Ga.

As called for by the Superintendent of Banks.

J. 0. MINTER, President.
Date of Charter: 1-3-1910

JULIAN A. BROWN Cashier. '
Began Business: 1-1910

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection........ $ United States Government obligations, dil'Ect and g-ua1an teecl Obligations of States and political subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of Fetle1al Reserve Bank) Lonn;j and discounts (including overdrafts) Bank premises owned, ful'niture awl fixtures Real (~.:date owncJ other than bank premises __________ -------------------------Investments and ()tbet assets indirectly rcprcst~nting bank pn:mises m other rc~ll estate Cusiomer:-i' liability to thi::; bank on acceptances outstanding Othc1 assets
Toia! Assc"!-s

144,174.77 10 I, 000.00
None None None
181,99~.59
1.200.00 None
None None None

LIABILITIES DEmand deposits . Time deposits Deposits of U. S. Govcrnm~'nt Dcpo:::it-:; of States anU politic~tl
subdivisions ------- DC>posits of bank~
Other deposit::> (certified and offiecrs' ('heeLs, etc.) ........-............. .
Bills payable
Aeccvtanccs cxPcuterl by or f(1r aeecunt of this bunk and outstanding
Otbcr liabilities_ Capital Survlus Un(lividul Jlroflts Rcse1ves

:J63,808.Q5 200.00 951.04
2G,046.so None
None None
None None
::o,ooo.oo
1.000.00 S,808.97
None

Total Liabilities

;:;!,367.36

STATE:\IEXT Showing condition at the close of bminess Decem her 3L 19:)1. 0f
BANK OF LOGANVILLE Loganville, Ga.

As called for by the Superintendent of Banks.

C. A. KELLEY, JR, President.
Date of ChaTter: 5-G-1916

R H. SIMS, hier.
Began I3usir'c''. J 0-5-1916

ASSETS Cash, balances ,vith other banks, in-
cluding reserve balances, and cash items in process of collection...... $

United States Govc>rnment obligations, direct and guaranterd ........

Obligations of States and political subdivisions

Other bonds, notes, and debentures Corporate stocks (including stock of

Federal RPsene Bank) Loans an(l discounts (including
overdrafts) Bank pr~'>mhcs owned., furniture and
fixturcs Real estate owned other than bank

premises -----------------------InveRtmen ts and other assets indi-
rectly represlnting bank premises

or other real estate

Customers' liability to this bank on

ac-ceptances outstanding_

Other asset:3

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

Total Assets ...

..... $

53,525.77 121,475.78
None None None 111 ,S-!7.:30 7,000.00 None
None None :ll 0.40
~54,189.25

LIABILITIES Den~a1Hl dtr:vsits
Time deposits DLJHl~iL"' <Jf U. S. C(~ernm~r..1 l>tpo~~itc:. of ~)tates and politica:
suhdivisions Deposits of banks
Otlwt deposits (certified and officers' checks, etc.)
Rillg Ilayable _ Aeccptances executed by or f(,r
a(:eount of this bank and {'C~~ standing
(Hh(T liabilities
Capital
SunJius t.:"ndidd('U profits
H.eserves

~:iO.S02.37 ::~.no-;.zs
None
:\1.000.62 10,000.00
1,500.00 None
None None
zs,ooo.oo
; 0,1100.00 5,178.98 1,500.00

Total Liabilities

354.189.25

THIRTY-SECOND ANNUAL REPORT

87

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF LUMBER CITY Lumber City, Ga.

As called for by the Superintendent of Banks.

J. H. WILLCOX, President.
Date of Charter: 5-22-1945

D. REID WILLCOX, Cashier.
Began Busines5: 7-2-1945

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection........ $

United States Government obligations. direct and guaranteed _______ _

Obligations of States and political

subdivisions _

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

...

Loans and discounts (including

overdrafts) ...................... ----------- Bank premi~es owned, furniture and
fixtures ....................

Real estate owned other than bank

premises _

___ ____________ ....... __

Investments and other assets indi...

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other assets

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

Total Asset."'

....... s

210,3!11.50 85,000.00 None None None
106,746.21 (;,010.8(1 None
None None None

LIABILITIES

Demand deposits Time deposits _

------- _ $ ___

Deposib of U. S. Government Dt>posits ot States and political

subdivisions .......

Deposit.::: of banP.:~

Other deposits ( cmtified and offi-

cets' checks, etc.)

nills payable

Acceptances Pxecuted by or for

account of this bank anti out-

standing

Otlwr liabilities

Capitnl

Surplus

Undivided profits

He:--cl'Vt>;-;

013,144.46 None
:3,812.50
-l2.806.73 None
F-78.~0
None
None None 25,000.00 5,000.00 11i,,1:-;I.I7 1.:215.00

Total Lialiliti<'E

STATEMENT

Showing condition at the close of business Decembt'r 31. 1951, Gf

FARMERS STATE BANK Lumpkin, Ga.

As called for by the Superintt'ndent of Banks.

A. T. FORT, President.
Date of Charter: 10-21-1911

E. E. HUMBER, Cashier.
Degan Bushw<.s: 12-1911

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in tnocess of collection........ $

United States Government obliga~

tiuns, direct and guaranteed

ObEgations of States and political

subdivisions __ ----

Other bonds, notes, and debentures

Corporate stocks (including stock of

Fedend Reserve Dank) __

____ _

Loans and discounts (including

overdrafts) -------------------

Bank premi:.,;e::l owned, furniture and

fixtures ------------- -----------

Real estate owned other than bank

premises ----------------------------- ------- -- -

Investn1ents and other assets indi-

rectly representing bank premises

or other real estate

. ______ _

Customers' liability to this bank on

acceptances outstanding

Other assets ____ ------------------- ---------

709,029.09 232,160.42
None None None 317,:312.68
7,1:~3.31
None
None None None

Total Assets ..

........ $ 1,26fi,6:l5.50

LIABILITIES

!?~mand de~Jtl.-,i1s

............ S

l1mc depm:nt~ ....... ---------------

DPposits of U. S. Govc-rnmPnt

Depo:-;its of St:-t1cs and polii-iea]

subdivisions

Deposits or bank";

Other rlennsito ( certir.cl and 11ffiR

cers' chc('ks, etc. 1

Dills payable

Acceptances executed by or for

act:nunt of this bank and out-

standing-

Otl1er liabi1i1ies

Capital

Surrlus - .. Undivided profits

Reserves ..

92:;,\.81.96 ;;n,21L47 23,14 7.28
145,79~.60
None
12,~03.59
None
None 10.901.02 28,000.00 50,000.00
(;,997.58 G,OOO.OO

Total Liabilitie~;

~ 1,26fi,635.50

88

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of

LUTHERSVILLE BANKING COMPANY Luthersville, Ga.

As called for by the Superintendent of Banks.

N. F. CULPEPPER,
Pre~ident.
Date of Charter: 10-11-1905

L. W. l\IcKOON Cashier. '
Began Business: 8-3-1906

ASSETS Cash, balances with other banks, in~
eluding reserve balances, and cash items in TH'OC'l'ss of collection.. . $ United State~ Govetnment obliga. tions, direct and guaranteed Obligation:::; of SLates and political subdivisions Other bonds, notes, awl debentures Corporate stocks (including stock of Ferteral Resene Bank) Loans and discounts (including overdrafts) Bank premises owned, furniture and fixtures Real estale owned other than bank premises Investments and othe1 assets indirectly repn'senting bank premises or other 1eal e::;ta te Customers' liability to this bank on acceptances outstanding Othc assets _
Total Assets

210,2~2.00 :?.n~l.32S.:-)s
1.01 ~.90 5,000.00
None
'";G,6~L:-W
6<11.00 None
None None
11:~.fiO
692.1M.2fi

LIABILITIES

Dem::tn(l deposits

.. -.. $

Time deposits

Depo~its of U. S. Government

Deposits of States and political

subdivisions

Deposits of banks

OtiH~r deposits (certified and offi-

CPI's' checks, etc. J

Hills payable

Acceptances executed by or for

ac(ount of this bank and out-

standing

Other liabilitit.'s

Capital

Surplus

Undidded profits

1-\.eserns

549,2%.:]~ 56,EI.7H.IO
None
:lii,lii0.91 None
11),747.69 None
.,N5m~ 1,-) l;J, 11 j 25,000.00 5,000.00 ~..Ar~.)5.m1t~i

Total Liabilities

6~12 .liH.26

STATEME~T

Showing condition at the close of business December 31, 1951, of

THE PEOPLES BANK OF LYONS Lyons, Ga.

As called for by the Superintendent of Banks.

W. HOLLOWAY, President.
Date of Charter: 5-4-1935

OWEN V. WHITMAN, Cashier.
Began Business: 6-1-1935

ASSETS Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection.. ... S

United States Government obligations, direct and guaranteed
Obligations of States and political

subdivisions Other bonds, notes, anU debentures

Corporate stocks (including stock of Fedetal Reserve Dank)

Loan::. and discounts (including overdrafts)

Bank pnmi:-ocs O\Vned, futniture and

fixtures

Real estate owned other than bank

premises

___________ _

Investments and other aBsets indirectly representing bank premises <n other real estate

Customers' liability to this bank on acceptances outstanding
Other assets

589.193.21 742,596.3;)
7 .ooo.oo
None None 454.371.54 8,997.89 None
None None None

Total Assets _

------ $ 1,802,159.02

LIABILITIES

Demand deposits

____ $

TimP deposits ------ .. ------ ..... -----------. Devosits of U. S. Government

Deposits of States and political subdivisions
Deposits of banks

Other deposits (certified and offi cers' checks, etc.)

Bills payable

Acceptances executed by or for

account of this bank and outstanding Other liabilities

Capital Surplus

Undivided profits Reserves ___

1,312.602.99 97 ,1();).7:~ 2))\)j .83
27n,709.91 12,717.6 l
6,674.44 None
None None 25,000.00 GO.OOO.OO 8,692.52 None

Total Liabilities

-----..--- $ 1.802,159.02

THIRTY-SECOND ANNUAL REPORT

89

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE MERCHAKTS & CITIZENS BANK McRae, Ga.

As called for by the Superintendent of Banks.

W. S. lVIANJ\", President.
Date of Charter: 3-28-1929

R. E. MANN, Cashier
Began Business: 2-23-1929

ASSETS

cash, balances \Vith other banks, including reserve balances, and cash

items in process of collection

S

United States Government obligations, direct and guaranteed

Obligations of States and political subdivisions __ __

Other bonds, notes, and debentures

Corporate stocks (including stock of Federal RE>ser\'e Dank)

Loans and discounts (inc 1u ding ovf'rdrafisl

Bank prembes O\vned, furniture and

fixtures -------------------------------- --------------

Real estate O\Yncd other than bank

premises ________

_____ _____________

[nvestmcn ts and other assets indirectly repreiSenting bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding Other assets "" ____________________________ .

642,511.0-~
1,386,100.00 1,000.00 None None
507,4S:L77 8,555.04 1.00
None None None

Total A::;sets

....... $ 2,51D.620.R3

LIABILITIES

Df'mand deposits

... $

Time deposits ............................ _

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi-

cPrs' checks. etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivickd profits

Heserves

1,59R,166.16 104,:ll:l.89 15,007.10
5tHi,i16!1.~~ 19.:309.~:3
2,4:S1.fi~
None
None 31.305.37 50,000.00 100.000.00 :35,000.00 23.191.56

Total liabilities .

............. s 2,54fi,620.85

STATEMENT

Showing condition at the close of business December 31, 1951, of

CITY BANK & TRUST CO!VIPANY l\lacon, Ga.

As called for by the Superintendent of Banks.

T. RAD TURNER, President.
Date of Charter 6-29-1931

W. M. P ARKEU, Cashier.
Began Business: 7-2-1931

ASSETS

Cash. balances with other banks, in-

cluding reserve balanc(~S, and cash

items in rnocess of collection .. --- ~

Unite(l States Government obliga-

tions, direct and guaranteed Obliga~i?~s of States and political
subdiVISIOns ....................................... .

Other bonds. notes, and debenture::;

Corporate stocks (including stock of

Fedend Reserve Bank) ___ --- ---

Loans and discounts (including

overdrafts) --

--

Bank premises owned, furniture and

fixtures ---- Real estate owned other than bank
premises . _ _______ _____ _________________ _

Investments and other assets indi-

rectly representing bank premises or other real estate____ ... __ _

Customers' liability to this bank on

acceptances outstanding

Other assets .........................

1,1-'17,0:~4.4~
3.569,789.1 ~ 165,22R.06 10.669.\l-l None
2,()22,028.67 29.201.00 None
None None 298.79

Total Assets .

--------- $ 8,144,250.00

LIABILITIES

Demand deposits

--- $

Time deposits ..............................

Deposits of U. S. Govfrnment

Deposits of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi-

cPrs' checl..;.s, etc.)

Bills payable

Acceptances executed by or for ac-

count of this bank and outstand-

ing

Other liabilities ..............................

Capital

Surplus ....

Undivided profits

Heserves

801,413.70 63.347.75
131.5~2.47
None
None 90,89S.89 275,000.00 27ii,OOO.OO 61.802.88
None

Total Liabilities

--- $ 8.114,250.00

90

DEPARTMENT OF BANKING STATEMENT

--

Showing condition at the close of business December 31, 1951, of

BANK OF MADISON Madison, Ga.

As called for by the Superintendent of Banks.

BEN S. THOMPSON, President.
Date of Charter: 12-26-1888

ASSETS Cash, balances with other banks, in-
cluding rcRerve balances, and cash items in process of collection_ ...... $ United States Government obligations. direct and guatanteed Obligations of States and political subdivisions Other bonds, notes, and dE'benturt:>s
Corporate stocks (including stock of
Federal Rcsetve Bank) Loans and discounts (including
overdrafts) Bank prPmises owned, furniture and
fixtures --------------------- --------Real estate O\vned other than bank
prPmise:-;
lnvh,;tments and other assets in(li1"E'(tly representing bank p!."emises or other n:d estate
Cu:<tomers' liability to this bank on
acceptances outstanding Other as::;cts

357,672.17 152,SOO.OO
31,.11'2.011 None None
6,2B0.9~
None
None None None

E. G. ATKINSON

Cashier. '
--- Began Business: 1-1-1890 LIABILITIES

Demand deposits

----

Time deposits

Deposits of U. S. Government

Deposits of States and political

8/'i .446.58 25G,ll2.82
6,0'i3.23

subdi\"isions: Deposits of banks _ Othe1 deposits (certified and offi-

l:H5,710.13 None

ecrs' chec:ks, etc.) Bills payable Acceptances executed by or for ac-

None None

count of this bank and outstand-

ing OthtT liabiliti(:'s Capital

None
.;o1,,o2o2o4..o0o0

Surplus Undivided }H"ofits

10,000.00
<u.ooo.oo

B:eS(-'1'\"CS

t.r-~0.:!2

STATE;\lENT

Showing condition at the close of business December 31, 19:51, of

BANK OF l\IA.i\CHESTER !\Ianchester, Ga.

As called for by the Superintendent of Banks.

JAMES S. PETERS, President.
Date of Charter: 1-28-1910

CLA1iDE A. BRAY, Cashier.
Began Business: 2-2-1910

ASSETS Cash, bab.nces with other banks, in-
cluding l"esetve balances, and cash items in proce."s of collection........ $ Unitcfl State;; Government obliga-
tions. direct and guarantPed Obligation::> of States and political
subdivisions ... OthPr bonds, nott'S, and debcntcires. Corporate stocks (including stock of
Fe<leral Reserve Bank) Loans and discounts (including
overdrafts) Bank premises owned, furniture and
fixtures Real estate owned other than bank
premises ..................................... ---Investments and other assets indi-
rectly representing- bank premises or other real estate Customers' liability to this bank on
acceptances outstanding Other assets

661,810.41
D7 ,'7:;S.I~ G,002.t:i7 None
I :W, 222.1:1
7 .~lS8.2-.)
None None 2,343.'15

Total Assets .

. s 2.2~6.097 .02

LIABILITIES

DemanJ dC'l)Osii..s

....... S

Time deposits

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

!}(~posits of U. S. Government -----

Deposits of States and political

sul)(livisions .......... ......................

Deposits of banks

Other deposits (certified and offi-

cers' cheeks~ etc.) .

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

Bills payable

__ --------- ---- ____

Acceptances executed by or for ac-

count of this bank and outstand-

ing

Other liabilities ....................................

Capital ....-.............................-........_........

Surplus _._............_.....-.........._................-

Undivided profits ..................................

Reserves ............................... ................

~JG:2,0.J :;.-!4 127,\116.39
11,:)24.69
5::JC,9:-~G.O"i
None
2,116.76 None
None ,9,:36:l.45 50,000.00 125,000.00 :JS.:l97.22 20,000.00

Total Liabilities ......

. $ 2,246,097.02

THIRTY-SECOND ANNUAL REPORT

91

STATEMENT

Showing condition at the close of business December 31, 1951, of

F AR:\IERS & MERCHANTS BANK Manchester, Ga.

As called for by the Superintendent of Banks

R. S. McDONELL, President.
Date of Charter: 10-7-1947

W. R. PARKER, Cashier.
Began Business: 2-2-1948

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in procest-> of collectivn ........ S United States Government obligations, direct and guaranteed ----- Obliga~it!n.s of Stall't-i and pu1rtical
subdl\'ISI0l1S ........................................
Other bonds, notes, and t~ebentures Corporate stock." (including stock of
Federal Resctvc Dank) Loans and discounb ( includin~
overdrafts 1 Bank premises O\\ned, furniture and
fixtures Real e:3tatc O\Vned other than bank
premises Investn1cn Ls and other assets indi-
rectly representing bank pr(-'miscs or other real estate Customer,:;' liability to this b:<.nk on accepb:tnces oubtanding Other a~sets

29:3,263.91
11,1K:).:n None None
~1G,i8l.Gl
1,61H.OS
Non~
None Nunr 1,:11S.:;:z

LIABILITIES

Demand deposits .

. ... $

Time deposiis ......................... ______ _

Deposits of U. S. Government

Deposits of States and politiea1

subdivisions .........

De1wsits of banks

Other deposits (certified and offi-

cers' checks, etc.)

Bills payabl~~

Acceptances ex<>eutcd by or fur

account of this bank and out-

Ptanding

Cther liabilitie:-.

Capital

Surplus

lTndivided ]ll'Ofit~

Reserves

346,497.89 84,201.49 5,053.15
209,572.33 None
1,923.66 Nt.ne
None 2.fi00.00 50,000.00 12,500.00 14,054.7f:
None

Total Liabilities

....... $

726,303.~0

STATE:\IE:\"T

Showing condition at the close of business December :n, 1951, of

BAKK OF MANSFIELD l'llan~ficld, Ga.

As called for by the Superintendent of Banks.

A. E. HAYS, P1esident.
Date of Charter: 12-19-1945

G. BARRON DAVIS, Ca;;hicr.
Began BucineEs: 3-1-194G

ASSETS

Cash, balanct.es with other banks, in-

cluding- reserve balances, and cash item~' in process of collPction ........ S

Unitcli State;;;; Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivision::> Other bnnd.s. notes. and debentures

Corporate stocks (including stock of

FP{lcral Reserve Bank)

Loans and discounts (including

ovenl1af ts)

Bank premises owned, furniture and

fixtures

Real estate O\Yncd other than bank

premises __

_____________________ _

Investments and other assets indi-

rectly representing bank premises

or other real estate Customers' liability to this bank on

acceptances outstanding Other assets _

Total Assets .....

... $

118,19S.OD 75,000.00 None None None
~0,1,191.7:3
2,1Gl.40 None
None None None 399,554.22

LIABILITIES

Demand deposits .

.. ...... $

Time deposits ...................................

Depo!:iis o U. S. Govcrnnll'Ilt

Deposits of States and political

suLdivisions

Deposits of banks

Other deposits (certified and offi-

cp~s' checks, etc.)

Bills payable

Acceptances executed by or for ac-

count of this bank and outstand-

ing

Oth(r liabilities

Capital .

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

Surplus: ................ __ ...........

Undivided nrofits

Reserves .

~'H,Rri7.'if)
35,R94.29 303.58
67 ,I! S9.57 None
(:04.76 None
None 232.50 25,000.00 18,000.00 7,461.77 None

Total Liabilities

.... $ 399,554.!2

92

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of
COBB EXCHANGE BANK Marietta, Ga.
As called for by the Superintendent of Banks.

ROSSER N. LITTLE, President.
Date of Charter: 12-18-1906

0. D. KEMP, Cashier.
Began Business: 1-1-1907

ASSJDTS Cash, balance~ with other banks, in-
cluding reserve balances, and cash items in process of collection........ $
United States Government obliga.. tions, direct and guaranteed
Obligations of States and political
subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Rcsecve Bank) Loans and discounts (including
O\'erdrafts) ----- Bank premises owned, furniture
and fixtures ............. -------------------- ... . Real estate uwned other than bank
premises .. ------------------------ ..... . Investments and other assets indi-
rectly representing bank premises or other real estate........ Customers' liability to this bank on acceptances outstanding _ Other Assels

969,813.01 1,305,000.00
2~9.917J,!)
None None 1,5 tl ,425.80 52,9-t1.71 None
None None
16.:\;)~.9-'1

Total Assets .

....... $ 4,141,4:io>.5G

LIABILITIES

Demand deposits

...... ~

Time deposits

~~1~~~ii~~ ~i ~-at~~ ~~de~~lli~~~~ s~-b~

divisions Deposits of banl\:s ......................... Other deposits (certified and offi-
cers' checks, etc. l Hills payable Acceptances executed by or for ac-
count of this bank and outstand-

ing ------ Oth(r liabilities Capital Surplus Undivided profits Reserves

~.171,916.60 ~:l:l,4:11.1!
8,788.21
917,\lt7.D2 -1,191.00
None None
None 9,\)50.26 100,000.00 50,000.00 114,9:10.45
None

Total Liabilities

STATEl\iE~T

Showing condition at the close of business December 31, 1951, of

THE CITIZENS BANK 1\Iarshallville, Ga.

As called for by the Superintendent of Banks.

C. C. HASLAM, President.
Date of Charter: 12-24-1906

C. C. HASLA).l, Cashier.
Began Business: 1-1-1007

ASSETS

Cash. balances "\vith other banks, in-

cluding resene balances, and cash

items in process of collection ........ $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Re<5erve Bank)

Loans and discounts (including

OYerdrafts)

Bank premises uwnecl, furniture and

fixtures

...........

....... .

Real estate o'vncd other than bank

pre-mises . __ ______ --------- ______ _

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other assets _____

Total Assets ...

................_,. $

272,76fi.OO 52,900.00 None None None 252,920.:)1 2.00 None
None None None 57S,587.:n

LIABILITIES

De-mand de-posits

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

Time de1~osits

Deposits of U. S. Government

Deposits of States and political

subdivisions

Dcnosits of banks_

Other deposits (certified and offi-

cers' checks. etc.)

Bills vayable ____ ___ _ . _______ _______ ..

Acceptances executed by or for ac-

count of this bank and outstand-

ing ------ Otlwr liabilities Capital Surplus
Undivided profits Reserves

g78,::{~:1.89 10~.719.69
None
4,163.99 None
8,518.06 None
None None 30,000.011 30,000.00 22,:l00.00 2,559.68

Total Liabilities

..... $ 578,587.31

THIRTY-SECOND ANNUAL REPORT

93

STATEMENT Showing condition at the close of business December 31, 1951, of

GEOIWIA BANKING CO. l\Iarshallville, Ga.
As called for by the Superintendent of Banks.

JOHN C. \VALKER, JR., President.
Date of Charter: 9-19-1910

MRS. ETHEL S. JONES,
Ca~hier.
Began Business: 9-27-1910

ASSETS
cash, balances with other banks, in eluding reserve balances, and cash item8 in process of collection.. S
United States Government obligations. direct and guaranteed ... ___ _
Qbliga~i~n.s of States and political

subdiVlSlOllS --------------
Other bonds, notes and debentures corporate stocks (including stock of
Federal Reserve Bank) ....................
Loans and discounts (including
overdrafts) ------------------- ________ -------Bank premises owned, furniture and

fixturEs

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

Real estate owned other than bank

premises .........

. ..... .

Investments and other assets indi

rectly representing bank premises

or other real estate..

Customers' liability to this bank on

acceptances outstanding Other assets__________

Total Assets

112,0l:LliD 20,000.00 None None None ](J.J.448.6;j 2,000.00 None
None None None

LIAlliLITIES

Demand depo:-its

Time rlpposits

Deposits of U. S. Government ..

Deposits of States and political

subdivisions .........

D<posits of banks..

..........

Other deposits (certified and offi.

ct>rs' checks, etc.) Bills payable.___ _

Acceptances Xecuted by or for ac

count of this bank and outstand-

ing

Other liabilities ..

Capital .

Surplus

Undivided J!l'Ofits

Reserves

1:)9,H1 L97 56,5G2.:)8 None
u" ,'-)NJ'-)~6n7e
2,(18.4;) None
None None 25,000.00 10,000.00 6,0~ :L:!7 None

Total Liabilitieg

STATEMENT

Showing condition at the close of business December 31, 1951, of

BAXK OF MEIGS _l\Ieigs, Ga.
As called for by the Superintendent of llanks.

LEO. WILKES, President.
Date of Charter: 5-8-1903

0. H. LEWIS, Cashier.
Began Business: 6-190~)

ASSETS

Cash, balances with other banks, in

eluding reserve balances, and cash

it<'ms in process of collection

S

United States Government obliga.

tions, direct and g-uaranteed

Obligations of States and political

subdivisions

--

Other bonds, notes and debentures

Corporate stocks (including stock of

Federal Reserve Bank).. ...........

Loans and discounts (including

overdrafts) ..... .. ........... ................. .

Bank premises O\Yned, furniture and

fixtures

Real estate owned other than bank

premises ------------------------------------Investments and other assets indi

rectly representing bank premises

or other real estate..

Customers' liability to this bank on

acceptances outstanding __

Other assets....

Total Assets

3i0,362.~0 ~40,852.SR
None None None 21H,:HO.'i:1
2.00 None
None None None

LIABILITIES

Demand deposits .

Time depositg

Deposits of U. S. Government ....... .

Deposits of States and political

subdivi~ions

Deposits of banks

Other deposits (certified and offi-

cers' checks. etc.)

Bills payable..

. .....

Acceptances executed by or for ac.

count of this bank and outstand

ing ...

OthPr liabilities

Capital .

Surplus

Undivided profits

RegerYes

!i99,-181.~4
1:10,089.80
10,~:19.02
:)/ ,95!1.:38 12,b!IO.:l9
467.82 None
None 1.727.50 50,000.00 >0.000.00
~ti,O!';;Ll()
5,000.00

Total Liabilities

fJ29,55K.51

94

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of

METTER BANKING COMPANY Metter, Ga.

As called for by the Superintendent of Banks.

l\I. E. TRAPNELL, President.
Date of Charter: 7-25-1930

D. J. PARRISH Cashier. '
Began Business: 8-26-1935

ASSETS

Cash, balances with other banks, in

eluding reserve balances, and cash

items in process of collection ..... $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivision::;

Other bonds, notes and debentures

Corporate stocks (including stock of

Federal Reserve Bank' ........

Loans and discounts (inc Iu ding

ovE'rdrafts) -----------------. -------------------- Bank premises owned, furniture and

fixtures ------------------- ----------- --- Real estate O\vned other than bank

premises

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

Investments and other assets indi-

rectly representing bank premises

or other real estate.........

Customers' liability to this bank on

acceptances outstanding..................

Other assets...................................

427 ,il0\L7~ 1,1 :i:l.:~:J6.~ 1
20, l12.fiD None None
10.160.:{8 None
None None None

Total Assets ...

. $ 2,174,R61.41

LIABILITIES

Demand deposits

... $

Time deposits

Depo~its of U. .S. Government

Deposits of States and political

subdivisions

Deposits of banks Other deposits (certified and offi-
cers' checks, etC'.) Ilills payable..... .. ............................

Acceptances executed by or for account of this bank and outstand-

ing ---------Other liabilities

Capital ------------Surplus Undidded profits H.e:o;erves

1,GID,162.24 :l09,f309.97 8,864.7 4
111. 7<i8.62 None
5,053.79 None
None :l1,388.92 50,000.00 50,000.00 30,526.16 25,000.00

Total Liabilities

2,174,:\64.44

STATEMENT Showing condition at the close of business December 31, 1951, of
BANK OF MIDVILLE Midville, Ga.
As called for by the Superintendent of Banks.

J. B. THURMAN, President.
Date of Charter: 4-13-1945

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash items in process of collection ________ $

United States Government obliga-

tions. direct and guaranteed

Obligations of States and political

su bdivislons -------- ------------------ ..... Other bonds, notes and debentures

Corporate stocks (including stock of

Federal Reserve Ilank ).. ..........

loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixture8 --------------- ___ --------- ... --- .. Real estate owned other than bank

premises

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

Investments and other assets indi-

rectly representing bank premises

or other real estate ...

Customers' liability to this bank on acceptances outstanding____ _

Other assets

Total Assets

... $

116,:J6~l.OO
60,000.00 None None None
225,:~28.H7
4,420.o9 None
None None None 406,11 RAr;

J. B. ROBINS, Cashier.
Began Business: 5-21-1945

LIABILITIES

Demand deposit!:>

.. $

Time deposits

Deposits of U. S. Government

Deposi?'. _of States and political SUbdlVlSlOnS --- -- -----

Deposits of banks........ ----------------------Other deposits (certified and offi-
cers' checks, etc.) Bills payable........ Acceptances executed by or for ac-

count of this bank and outstand-

ing ----------Other liabilities Capital ...........
~urnlus

Undivided profit8 Re8erves

301,075.05 19,249.23 None
25,000.00 5,000.00
4,528.77 None
None 2,500.00 25,000.00 10,000.00 10,765.41 3,000.00

Total Liabilities

.$ 406,118.46

THIRTY-SECOND ANNUAL REPORT

95

STATEMENT

Showing condition at the close of business December 31, 1951, of
BANK OF MILAN Milan, Ga.

As called for by the Superintendent of Banks.

W. C. McCRANIE, President.
Date of Charter: 12-5-1906

JACK B. WETHERINGTON, Cashier.
Began Business: 10-1906

ASSETS

cash. balances with other banks, including reserve balances, and cash

items in tnocess of collection....... $ United States Government obliga-

tions, direct and guaranteed ........ ObJiga~i~n.s of States and political

subdlVISlOllS ---------- ------------------------ --
Other bonds. notes and debentures Corporate stocks (including stock of
Federal Reserve Bank) ..... Loans and discounts (including
overdrafts J Bank premises owned, furniture and

fixtures ----

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

Real estate owned other than bank

premises

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

Investments and other assets indi

rectly representing bank premises

or other real estate.........................

Customers' liability to this bank on

acceptances outstanding..................

Other assets............. .......................

Total AF:=;ets

_$

None None None 1 1G.7IS.n7
None
None None None 701.870.26

LIABILITIES

Demand deposits

.... S

Time deposits ..... .

Deposit8 of U. S. Government

Deposits of States and political

subdivisions ........

Deposits of banks ...... . Other deposits (certified a;;d

;;ffi.

cers' checks, ('tc.)

Bills payable

Acceptances executed by or for ac~

count of this bank and outstand-

ing .......................... ..

Other liabilities............

Capital ...................

Surplus ...............

Undivided profits

Reserves

521,21:3.09 59,Sl1.18
-!,U2~.70
4:),863.07 2,GHA2
None None
None None 20,000.00 20,000.00 19,8~~~9 9,9' 1.-1

Total Liabilities

.. s 701,870.26

STATEMENT

Showing condition at the close of business December 31, 1951, of

EXCHANGE BANK Milledgeville, Ga.

As called for by the Superintendent of Banks.

OTTO l\I. CONN, President.
Date o Charter: 5-20-1903

JOHN E. GARNER, JR. Cashier.
Began Business: 6-1-1903

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ........ $

United States Government obliga-

tions. dired ::1nd guaranteed ......

Ob!igati?~s of States and political

subdtviswns

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

Other bonds, notes, and dt>bentures

Corporate stocks lincluding stock of

Federal Reserve Bank) ................

Loans and discounts (inc 1u ding

overdrafts)

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

Bank premises o\vned, furniture and

fixtures ....... . .... .. ............... .

Real estate owned other than bank

premises

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

Investments and other assets indi~

rectly representing bank premises

or other real estate..................

Customers' liability to this bank on

acceptances outstanding

Other asset~

880,676.8! 955,:396./G :1:22,922.00
None None
21,:l06.02
None None 1 H.~70.:1.1

LIABILITIES

Demand deposits

..... $

Time deposits

Deposits of U. S. GovPrnment

Deposits of States and political

subdivisions

;;m: Deposit~ of hanks
Other deposits (certified - a;,d

cers' checks, etc. J

Bills payable.............

Acceptances executed by or for ac-

count of this bank and outstand-

ing .....

Other liabilities

Capital .

Surplus

Undivided profits

Reser\es

1 ,889.a22.11 734,5:39.5:! 8:l,704.1 0
697 ,656.5fl 179,tlfjfi,H6
~.805.:13
None
None None 100,000.00 150,000.00 29,5:37.99 751.60

Totnl Liabilities

96

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE MERCHANTS AND FARMERS BANK Milledgeville, Ga.

As called for by the Superintendent of Banks.

MARION H. ALLEN, President.

J. F. BELL, ,lR., Cashier.

Date of Charter: 3-22-1898

Began Business: 3-1898

-------AS_S_E_T_S_ _ _ _ _ _ _ _ _ _ _ _ _LIABILITIES

Cash, balances with other bank~. in

eluding reserve balances, and cash

items in rnocess of collection. ~

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

--------

Other bonds, notes and debentures

Corporate stocks (including stock of

Federal Reserve Bank)................

Loans and discounts (including

overdraft:-;) ---------------- ___ ____

...

Bank premises owned, furniture and

fixtures ----------------- _____ .. ___ ....... ... .

Real estate owned other than bank

nremiEes ....... - ....... -............. ..

Investments and other assets indi-

rectly representing bank premises

or other real estate........................

Customers' liability to this bank on

acceptances outstanding.....

Other as::)ets

~:.>1,41-LD:J
638,800.00 19,.115.00 None None
D-10,!l";"tlAI 5:l,5S'7.18 1,:3S2.09
None None
D00.44

Demand depDsits Time deposits
De11osits of U. S. Gove1nment Deposits of States and political sub-

divisions

Deposits of banks................................

Other deposits (certified and offi-

cers' checks. etc.)

Bills payable..

. ....

Acceptances executed by or for ac-

count of this bank and outstanding .

Other liabilities... Capital Surplus .... l.1ndh:ided profits

Rt':5f!l"\'S

1.1D8,H>!.09
182,()~.).72 26,671.40
:}~0,R~6.7B
Non,
4,Rll.64 None
Nono Nonn 100,000.01 100,000,011 1R,7HO.IO Non&

STATEME="'T

Showing condition at the close of business December 31, 1951, of

THE MILLEDGEVILLE BANKI~G CO:\IPA~Y Milledgeville, Ga.

As called for by the Superintendent of Banks.

MILLER R. BELL, President.
Date of Charter: 2-28-1874

:HILLER R. BELL, Cashier.
Began Business: 10-13-188-!

ASSETS

Cash, balances with other banks. in-

eluding reserve balances, and cash

items in process of collection

$

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Othc1 bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank).

:,oans and discounts ( inc I u ding

overdrafts) - - ....... .. Bank premises owned, furniture and

fixtures ..........

Real estate owned other than bank

premises -- Investments and oth~r assds indi-

rectly representing bank premises

or other real estate..

Customers' liability to thie bank on

acceptances outstanding__

Other assets..

1, 184,8D:2.0:~ 1,886,G74.28
127 ,4-13.5:~ 1 0,2D5.40 None
1,588,711.9~
2.00
None
None None None

LIABILITIES

Demand deposits

Time deposits

.. .

Deposits of U. S. Government............

Deposits of States and political

subdivisions

Dcpusit::-3 of banks ___ -----------Other deposits (certified and offi-

cen:;' cheek:5. ctc.1 Bills payable

Acceptances executed by or for ac-

count of this bank and outstand-

ing

Other liabilities.

Capital .............

Snrplus

l.indi\'i(kd p1ofit.-.;

He:-:;enes

4,:H5.1fJ8.62 None None
None None
16,n4~.Jo
None
None None 50,000.00 2G0,(J00.00
101,()1~.44
G1,500.00

Total Assets

4,797,91!J.lo

Total Liahiliti(.'s

-----------------T-H-IR-T-Y---S-E-C-O-N--D--A-N-N-U--A-L--R-E-P-O-R-T----------------97
STATEMENT

Showing condition at the close of business December 31, 1951, of
BANK OF MILLE~ i\Iillen, Ga.

As called for by the Superintendent of Banks.

J. F. BATES, President.
Date of Charter: 1-4-1893

\V. H. SHEPPARD. JR .. Cashier.
Began Business: 3-1-1893

ASSETS

Cash, balances with other banks, in

eluding reserve balances, and cash

items in process of collection........ $

United States Government obliga.

tions, direct and guaranteed

Obligations of States and political

subdivisions

------ ...

Other bonds, notes and debentures

corporate stocks (including stock of

Federal Reserve Bank).......

Loans and discounts (including

overdrafts) ------------ Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises ..........

.......

Investments and other assets indi-

rectly representing bank premises

or other real estate.........................

Customers' liability to this bank on

acceptances outstanding..................

Other assets................

1,291,568.f!5 806,000.00 None None None
688,';":2.).06 3,000.00 None
None None None

Total A~sets

.......... $ 2,789,294.01

LIABILITIES

remand deposits

.. $

Time deposits .. __

__

Deposits of U. S. GoYernment Deposits of States and political

subdivisions ........ Deposits of bank~---------- Other deposits (certified and offi-

cers' checks, etc. J Bills payable.. .................................. ..

Acceptances executed by or for ac-

count of this bank and outstand-

ing - Other liabilities....

Capital Surplus ___

1Jndivided ]Jrofits Heserves

L!H}] ,9Zf,.4z 01 !I,OH6.:2~l None
2~6.0i'"7. f'2 None
1~~_1~3.00
None
None None 50,000.00 100,000.00
'~.l>:'l.:JH
None

Total LiaLilitie:-;

. $ 2.78~.lH.lll

STATEMENT

Showing condition at the close of business December .31, 1951, of

BANK OF MOLENA "'folena, Ga.

As called for by the Superintendent of Banks.

W. 0. JORDAN, President.
Date of Charter: 10-7-1901

R. H. FLETCHER, Cashier.
Began Business: 3-18LlLl

ASSETS

Cash, balances with other banks. in-

cluding reserve balances, and cash

items in process of collection ... $

United States Government obliga-

tions direct and p;uaranteed Obliga!i~n.s of States and political

subdiVISIOnS ------ Other bonds, notes and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc 1u ding

OVt>rdrcfts) ---------- ..---Bank premises owned, furniture and

fixtures ....... ------------------------ ----- -Real estate owned other than bank

premises ------

........ .

Investments and other assets indi~

rectly representing bank premises

or other real estate..

Customers' liability to this Lank on

acceptances outstanding............

Other assets

Total Assets .

Jnn,6R7.17 1:::;,,:)95.00
None None None 69.1(19.07 600.00 None
None None None :lX5,8Sl.fi4

LIABILITIES

DPmand deposits Time deposits __ .. .

.... $ .... .

Deposits of U. S. Government........ .. Deposits of States and political

subdivisions ..... . Deposits of banks _

Other deposits (certified and offi-

cers' checks, elc. l Bills payable Acceptances execute<J by or for ac-
count of this bank and outstand-

ing ............. .

Other liabilities Capital .

8urplus PndividPd profits

R('!Sf'l'\'CS

245,791.76 :2,:l04.51 None
4:,_497. 70 None
7:1.27 None
None 1,200.00 15,000.00 ii,(IOO.OO :<.(il4.:JO
None

Tot a 1 Lia bil it i("~

98

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of THE FARMERS BANK Monroe, Ga.

As called for by the Superintendent of Banks.

C. H. BRADFORD, President.
Date of Charter: 1-1-190G

J. B. BUTTS Cashier. '
Began Business: l-1-190G

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection _ S United States Government obligatL)ns, direct and guaranteed Obligations of States and political
subdlVISlOll::; ---------------- --- Other bonds, notes and debentures Corporate stocks (including stock of
Federal Reserve Bank) Lo.nns antl discounts (including
overdrafts\ ___ _______ ________ ----- __
Bank })remises owned, furniture and fixtures ................................................
Real estate owned other than bank premises ............................................
Investments and other assets indirectly representing bank premises or other real estate
Customers liability to this bank on acceptanees outstanding
Other assets

58,1,629.22 1,580,659.50
68,01::{.33 None
3,900.00 808,389.11
None None
None None None

Total Assets

3,045,!>91.2!3

LIABILITIES Demand deposits Time depositg .............................. Deposits of U. S. Government ....... Deposits of States and political
subdidsions ....... . Deposits of banics................................ Other deposits (certified and offi-
cers' checks, etc.) Bills payable............. Acceptances executed by or for ac-
count of this bank and outstanding ....
Oth<r liabilities .....
Capital ----------------------Surplus ...... Undivided profits Reserves _................... _

1,901,780."71 o9:l,!i 1!i.4o
41,H~4.14
~2>',619.0-l
None
[1,3-14.81 None
None 1 !1,341.74 100,000.00 30,000.00 1 :!0,865.42
None

Total Liabilities

...... $ :Lo15591.26

STATEMENT

Showing condition at the close of business December 31, 1951, of

MONTEZUMA BANKING COMPANY

Montezuma, Ga.

As called for by the Superintendent of Bank'ug.

DR. T. M. ADAiVIS, President.
Date of Charter: 10-23-1948

R. B. KIMSEY, Cashier.
Began Business: 1-10-1949

ASSETS

Cash, balances with other banks, in-

cluding reserve balance. and cash

items in process of collection

$

United States Government obliga-

tions, direct and guaranteed

Obligations of State and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

fixtures ... ......... .

Bank premises owned, futniturc and

fixtures

Real estate owned other than hank

premises

Investments and oth('r assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other a~sets

;)00,7fi6.R'"i
:301,59~.:33
None None None
None
None None :2,529.H:2

LIABILITIES

Demand deposits .

$

Time de}wsits ........... ................

Deposits of U. S. Government .....

Deposits of States and political

subdivisions

Deposits of banks ___________ _

Other depu~its (certified and offi-

cers' checks ,etc.)

Bills payable

Acceptance~ executed by or for ac

count of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided Tll'Otits

Reserves

(;2:].440.96 lli1,1X4.42
:100.00
:301,176.29 None
:l8,-S09.12 None
None
:2,:3~HUl2
50,000.00 10,000.00 40.060.91
2.!~9.38

Total Assets

Total Liabilitie:-.

1,23:2,;)513.00

THIRTY-SECOND ANNUAL REPORT

99

STATEMENT Showing condition at the close of business December 31, 1951, of

MOULTRIE BANKING COMPANY Moultrie, Ga.

As called for by the SulJerintendent of Banks.

E. M. VEREEN, President.
Date of Charter: 7-8-1896

R. G. McDONALD, Cashier.
Began Business: 1896

ASSETS

Cash, balances with other banks, in

eluding reserve balances, and cash

items in proce8s of collection-------$

United States Government obliga-

tions, direet and guaranteed

Obligations of States and political

subdivisions

Other bond~, notes and debentures

corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

0 \erdralts l . ....... -- ------ Bank premises owned, furniture and

fixtures .......................... --

Real estate owned other than bank

premises ......... ..... .........

... ....

Investments and other assets indi-

rectly representing bank premises

or other real estate..........................

Customers' liability to this bank on

acceptances outstanding..................

Other as~ets

2,524,:>8:!.17 2,719,708.76
103,:~88.97
None 10,600.00 3,681,914.03 51,200.22
None
None None 42,650.00

Total Assds

........ $ 9,166,074.1;>

LIABILITIES

~~mand de.rosits

.. $

l1me deposits ---

Deposits of U. S. Government

Deposits of States and political

subdivisions ...

Deposits of banks

Other deposits (certified and offi-

cers' checks, etc.) ........ --

Bills payable............................................

Acceptances executed by or for ac-

count of this bank and outstand-

ing .......................................................

Other liabilities .. .

Capital ...................................................

Surplus .................................................

Undivided profits

Rcsenes

6,078,890.14 884.308.:\:l 208,761.1\l
176.767.94 678.000.63
9~,556.96
None
None 12,650.00 200,000.00 300,000.00 265.000.00 239.1:\8.96

Total Liabilities ....................... $ 9,166.074.45

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE MOUNT VERNON BANK Mount Vernon, Ga.

As called for by the Superintendent of Banks.

D. A. :VIcRAE, SR., President.
Date of Charter: 12-21-1900

W. M. PETERSON, Cashier.
Began Business: 1-24-1901

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in proces!:'= of collection ...... $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions - ............................

Othee bonds, notes. and debentu1es

Corporate stocks (including stock of

Federal Reserve Bank) ....................

Loans and discounts (including

overdraft~)

.

.

Bank premises owned, furniture and

fixtures

___ __ _____ __ ----

Real estate owned other than bank

premises ............................................

Investments and other assets indi-

rectly representing bank premises

or other real estate..........................

Customers' liability to this bank on

acceptances outstanding

Other assets..

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

Total Assets

........ $

423.980.91 229,800.00
7.500.00 None None
1ii2.:l66.11 3.539.11 None
None None None S17,18Ei.Hl

LIABILITIES
Demand deposits Time deposits Deposits of U. S. Government............ Deposits of States and political
subdivisions
~~h~~itde~1os?tsnk(certified --~-~d-~ffi~
cers 'checks, etc.) .. . Bills payable.......................................... .. Acceptances executed by or for ac-
count of this bank and outstand-
ing ...................................... Other liabilities Capital ............................. .. .................
Surplus .......................... UnUhided profits
Reserves

462,720.99 91.348.25 None
104.638.15 57,340.34
6,118.56 None
None 7,0!0.00 30,000.00 35,000.00 2:1.009.90
None

Total Liabilities

Hl7.186.19

100

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of

THE CITIZENS BANK Nashville, Ga.

As called for by the Superintendent of Banks.

M. E. PERRY, President.
Date of Charter: 2-19-1943

ARTHUR BROGDON, Cashier.
Began Business: 3-1943

ASSETS Cash, balances with other banks, in-
cluding reserve balances~ and cash items in process of collection ..... $ United States Government obligations, direct and guaranteed ........ Obliga~i~ns of States and political
SUbdlVlSlOllS .....................................
Other bonds, notes and debentures Corporate stocks (including stock of
Federal Reserve Bank) ....................
Loans and discounts (inc 1u ding overdrafts) ..........
Bank premises owned, furniture and
fixtures ................. -- ..... -......... ---.---.-.-!teal estate owned other than bank
premises ............................................ Investments and other assets indi-
rectly representing bank premises or other real estate.......................... Customers' liability to this bank on acceptances outstanding
Other assets -----------

Total Assets ....

.... $

'i'42,';"25AO 434,000.00
None None None 421,692.11 5,509.56 None
None None None
1,603,9~7.61

LIABILITIES

DcmanU denosits . .

........ $

Time deposits

DeiJosits of U. S. Government

Deposits of States and political

subdivisions ............

8:~eo;itdc~~sft~nktc~~-tifi~-d --~~d---~~

CC>rs' checks. etc.)

Bills payable...........

.. ...

Acceptances executed by or for ac-

count of this bank and outstand

ing ........................................................

Other liabilities....................................

Capital ....................................................

Surplus .......

Undivided profits ................

Resern'S

99< ,689.02 :Jll,,i45. 77
17,656.38
70,6:27.95 49,090.62
:i90.88 None
None 4,000.00 50,000.00 50,000.00 2, 727.05 50.000.00

Total Liabiliti('S

$ 1,603,927.67

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE UNITED BANKING COMPANY Nashville, Ga.

As called for by the Superintendent of Banks.

JOSEPH lVI. BRYAN, President.
Date of Charter: 7-10-1924

J. C. FUTCH. Cashier.
Began Business: 7-1924

ASSETS Cash. balances with other banks, in-
cluing reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed _______ Obliga~i<?n.s of States and political subdiVIsiOns ........................................ Other bonds, notes and debentures Corporate stocks (including stock of Federal Reserve Bank) Loans and discounts (including
overdrafts) ------ Bank premises owned, furniture and
fixtures ................................................ Real estate o-..vned other than bank
premises InYestments and other assets indi-
rectly represC'nting bank premises or othet real estate Cm;tomers' liability to this bank on
acceptancet'l outstanding
Other assets

771,803.81 365,000.00
1,000.00 None None
573,990.1< 3,200.00 None
None None None

Total Assets

..... $ 1,711,994.04

LIABILITIES

p~~mand de1~osits __ ........................... $

ltme deposits

.......... .

Deposits of U. S. Government -

Deposits of States and political

subclivisions

Deposits of banks

Other deposits (certified and offi-

cers' checks, etc.)

Ril1.s payable

Acceptances executed bv or for ac-

count of this bank aTid outstand-

ing

Other liabilities

Capital

Surplus

Undivided nrofits

Resenes ..

949,92~.96
325,313.05 131),772.90
121.112./1 10,000.00
5,6r"ll.i 5 None
None 2,91 G.OO 50,000.00 50,000.00
:Jo,ooo.oo
34,:30-!.67

Total Liabilities

.. $ 1,714,994.04

THIRTY-FIRST ANNUAL REPORT

101

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF NEWINGTON Newington, Ga.

As called for by the Superintendent of Banks.

W. L. BRANTLEY, President.
Date of Charter: 7-7-1919

ADIEL E. HODGES, Cashier.
Began Business: 8-14-1919

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in procesB of collection - S United States Government obliga..
tion, direct and guaranteed ........ Obligations of States and political
subdivisions ............. Other bonds, notes and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (including
overdrafts) ... ........ . Bank premises owned, furniture and
fixtures -----------------------------Real eB~ate owned other than bank
premises Investments and other assets indi-
rectly representing bank premises
or other real estate Customers' liability to this bank on
acceptances outotanding Other assets

Total Assds .

$

39,937.86 75,000.00
None None None 98,916.31 650.00 None
None None None 2H,G24.17

LIABILITIES

Demand deposits

.$

Time deposits

Depo.3its of U. S. Government

Deposits of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi~

cers' checks, etc.)

Bills payable

Acceptances executed by or for ac~

count of this bank and outstand-

ing

Other liabilities

Capital

Surplus ....

Undivided vrofi ts

Reservps

182,966.74 None None
None None
1,444.53 None
None None 15,000.00 1S,OOO.OO 112.90 None

Total Liabilities .....

........ $ 214,524.17

STATEl\fENT

Showing condition at the close of business December 31, 1951, of

BAKER COUNTY BANK Newton, Ga.

As called for by the Superintendent of Danks.

H. E. HALL, President.
Date of Charter: 10-4-1906

0. C. SINDERSINE, Cashier.
Began Business: 10-15-1906

ASSETS Cash, balances with other banks. in-
cluding reserve balances. and cash items in process of collection ------- $ United States Government obligations, direct and guaranteed ------Obliga~i~ns of States and political SUbdiVISIOnS ------- ....... Other bonds, notes and debentures Corporate stocks (including stock of Federal Reserve Bank) .................... Loans and discounts (inc 1u ding
overdrafts) -----------------------------------Bank premises owned, furniture and
fixtures ------- --------------------------------Real estate owned other than bank
premises -------------------------------- Investments and other assets indi-
rectly representing bank premises or other real estate........................ Customers' liability to this bank on acceptances outstanding.................. Other assets ..........................................

Total Assets ..

...... $

413,702.97 175,000.00
None None None 198.557 .2:l 5,114.19 None
None None None 792,404.69

LIABILITIES

D(~mand deposits

.$

Time deposits . _____ _

Deposits of U. S. Government _______ _

Deposits of States and political

suhdivisions

Deposits of banks................................

Other deposits (certified and offi-

cprs' ehccks, etc.) -------Bills payable............................................ Acceptances executed by or for a('
count of this bank and outstand-

jng --

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

Other Iiabiljtics

Capital

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

Surplus

Undivided profits ...

Reserves

632,815.16 52,244.32 None
None None
I,~R5.93
None
None 3,4'1 1.03 25,000.00
r,o.ooo.oo
27,518.25 None

Total Liabilities

$ 792,404.69

-1-0-2------------------------D-E--P-A--R-T-M--E--N-T---O-F---B-A--N-K--I-N-G---------------------------
STATEMENT
Showing condition at the close of business December 31, 1951, of

THE BANK OF NORCROSS Norcross, Ga.

As called for by the Superintendent of Banks.

CLIFFORD JONES, President.
Date of Charter: 12-12-1903

J. S. NESBIT Cashier. '
Began Business: 2-1-1904

ASSETS Cash, balances with other banks, in~
eluding reserve balances, and cash items in process of collection ...... S United States Government obligations, di rcct and guaranteed Obliga~i~ns of States and political
SUbdlVlSlOllS ......................................
Other bonds, notes and debentures Corl)oratc stocks (including stock of
Federal Reserve Bank).---Loan:5 and discounts (including
ovenlrafts) --------------------------------------Bank premises owned, furniture and
fixtures --------------------------------- __________ .. __ _ Real estate owned other than bank
premises ---- ....... .... Investments and other assets indi-
rectly representing bank premises or other real estate......... Customers' liability to this bank on acceptances outstanding .. 'Jthcr assets...........
.. $

119,361.72 272,166.19
None None None 186,070.89 6,G05.9G :None
None None None

LIABILITIES

Demand deposits .

........ $

Time <1eposits ------ Deposits of U. S. Government..........

Deposits of States and political

subdivisions .............

Deposits of banks..........

.....

Other deposits (certified and offi-

B i cl lesr sp'a ycahbelcek__s__,____e__t_c__.__)__._._.._............... .

Acceptance::; executed by or for account of this bank and outstanding
Othf'r liabilities Capital _
Surplus UndiYided Jll'Ofits
He~e!ves

:;g.- ,300.8; 30,217.49 None
";"1,218.21
None
None None
None :~.21 Ui7
:;o,ooo.oo 1 :>.ouo.on
1-1,0\l:~-~.) :2,1tig.27

Tntal Lh:..bilitics

STATEMENT

Showing condition at the close of bu~iness Decem her 31, 1951. u!

BANK OF OCHLOCHNEE Ochlochnee. Ga.

As called for by the Superintendent of Danks.

W. H. WURST, President.
Date of Chartel': 10-19-1906

A.~- .~~EER, Casmer.
Began Business: 11-1906

ASSETS
Cash, balances 'Vith other bankE;, inciuding reserve balances, and cash
items in rroce_;s of collection -- $ United States Govc1nment obliga-
tions, direct and guaranteed --- Obligations of States and political
subdivisions ------ Other bonds, notes and debentures Corporate Etocks (including stock of
Federal Reserve Bank) ......... Loans an(l discounts (including
overdrafts) Bank prcmi~eD ownetl, furniture and
fixtures --------- Real estate owned other than bank
premises .............................................. Investments and other assets indi-
rectly representing bank premises or other real estate....... Customers' liability to this bank on acceptances outstanding.................. Other assets ___ _

Tota1 Assets .

----. $

270,S1G.21 98,200.:31 25,470.;")(_i None None lt-:3, 112.'iiJ 2,900.00 None
None None None 560,562.88

LIABILITIES

Demand (hposits .

..... ~-

'fimc derosits

Dcposib uf U. S. GoYcnnncnt -

Deposits of States and politkal

snbdivisions

Deposit::; of hanks

Other deposits (certified and offi-

cen;' checks, etc.) Bills payable _______ ________ ______ _

Acceptances executed by or for account of this Lank and outstanding ...............
Other liabi1ities..................

Capital -------------------------------------

Surplus

....

Undivided profits

Reserves --- .............................

:2SO,tHG.0\1
El~j,S80.79
0,908.5-1
:2S.77S.12
ti,613.~1
~~.OS
None
None None 23,000.00 5,000.00 11,5D7.03 None

Total Liabilities

_$ 560,562.83

THIRTY-SECOND ANNUAL REPORT

103

STATEMENT Showing condition at the close of business December 31, 1951, of

THE FIRST STATE BANK Ocilla, Ga.
As called for by the Superintendent of Banks.

OTTO GRINER, President.
Date of Charter: 5-11-1943

E. J. PATTEN, Cashier.
Began B11siness: 6-1-1943

ASSETS

cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection ........ $ United States Government obliga-

tions. direct and guaranteed - Obliga~i~n.s of States and political

subdivisiOns -------------- Other bonds, not~s and debentures

Corporate stocks tincluding stock of Federal Reserve Bank)....... ......

Loans ancl discounts (including

overdrafts) -------------- ..--------------------Bank premises owned, furniture and

fixtures ------

----

Real estate owned other than bank

premises ......

....

Investments and other assets indirectly representing bank premises

or other real estate....

Customers' liability to this bank on

acceptances outstanding

Other assets

646,265.26 2,076,121.25
None None None 416,069.16 12,426.48 None
None None .1::.11.07

Total Assets .

:~,I Rl,6~HL2~

LIABILITIES Demand deposits ................................ $
Time deposits ...... __ ---- Deposits of U. S. GovErnment Deposits of States and political
subdivisions ........ Deposits of hanks ............. . Other deposits (certified and offi-
cers' che<"ks, etc. I Bills payable............................................ Acceptances executed by or for ac-
count of this bank and outstand
ing ..... Other liabilities.. Capital ......... Surplus
Undivided profits
Re~er\'CS

1,~)25,844.27
699,6-16.05 <,684.73
:102,4:10.<8
6t<:t).~9
t1,000.0S None
None None 50,000.00 50,000.00 79,40fl.fli 60,00il.Oli

Total LialJjl.itic~

STATEJ\IENT

Showing condition at the close of bu~iness December 31, 1951, of

BANK OF OGLETHOI~PE Oglethorpe, Ga.

As called for by the Superintendent of Banks.

JOHN F. WILLIAMS, President.
Date of Charter: 2-5-1901

MUS. BLANCHE R. WILLIAl\IS, Cashier.
Degan Busine:'s: 2-8-1901

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in nrocess of collection ...... $ United States Government obliga-
tions. direct a nd guaranteed ........ Obligati~n.s of States and political
subdiVISIOns .......... ........................ Other bonds, noies and debentures Corporate stocks (including stock of
Federal Heserve Bank) ....................
Loans and discounts (including overdrafts 1 ..........................................
Bank 11remises owned, furniture anci fixtures __________________ ..---- --------------
Real estate owneJ. other than bank premises ..............................................
Investments and other assets indirectly representing bank premises or other real estate........................
Customers' liability to this bank on acceptances outstanding............
Other assets..........

665,683.29 403,100.00
5,000.00 None None
329,601.06 100.00
2,487.00
None None None

Total Assets

--- ------ $ 1,405,971.35

LIABILITIES

n('mand deposits

....... $

TimP deDosits

Deposits of U. S. Government ........

Deposits of States and political

suhdivit'ions ........

Deposits of banks

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

Other deposits (certified and olli

cers' checks, etc.) ....

Bills payable

Acceptances executed by or for ac-

count of this bank and outstand-

in~ ....................................................

Other liabilities ....................................

Capital ...............................---------............

Surplus ........................................

Undivided profits

Reserves ...

910.1 tlG.Z ;~ ~{, ~)!)(). f) H,9G0.1
] 5:~.~~~).?)7 150,000.00
7,6011.88 None
None
7.~)81.71)
15,000.00 35,000.00 62,262.67
~0.-121.61

Total Liabilities

. $ 1,105,971.35

104

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

FARMERS BANK Palmetto, Ga.

As called for by the Superintendent of flanks.

J. H. BALLARD, President.
Date of Charter: C-29-1918

B. HUDSON", Cashier.
Began Business: 7-10-1918

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash item:) in process of collection .. $ United States Government obligations, direct an:l guaranteed -- Obligati~n.s of States and political
subdiVISIOnS ..................
Other bonds, notes and debentures Corporate stocks (including stock of
Federal Reserve Bank) ..... Loans and discounts (including
overdrafts) ------------------------ ...... .. Bank premises owned, furniture and
fi.xtutes Real estate owned other than bank
premises .... Investments and other assets indi-
rectly repre!:'.enting bank premises or other real estate......... Customers' liability to this bank on acceptances outstanding __ _ Other assets...............................
Tota1 Assets

167,-!39.09 2! 1.800.01)
None None None
2.00 None
None None None 546,698.14

LIABILITIES

Demand deposits . . .......................... $

Time deposits - Deposits of U. S. Government............

Deposits of States and political

subdivi~ions ..........

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

Deposits of banks.............

Other deposits (certified and offi-

cers' checks, etc. J

Bills payable... ......

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

Acceptances executed by or for ac-

count of this bank and outstand-

ing

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

Other liabilities

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

Capital ..................................................

Surplus

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

Undivided profits

Resrves

400.~61l.~6
81,!05.5! None
3,.503.40 None
2,,)60.34 None
None None
~5.ooo.oo
10,000.00 9,778.53
1~.ooo.oo

Total Liabilities

....... $ 546,698.14

STATEMENT

Showing condition at the close of business December 31, 1951, 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. THO:VIAS, Cashier.
Began Business: 6-19-1907

ASSETS Cash, balances with other banks, in..
eluding reserve balances, and cash items in process of collection ...... $ United States Government obliga.. tions, direct and guaranteed
Obligations of States and political subdivisions _
Other bonds, notes, and debentures Corporate stocks (including stock of
I<'edcral Reserve Bank) Loans and discounts (including
ovf'rdrafts) ........ llank premises owned, furniture and
fixtures - Real estate owned other than bank
premises _ _________ ------------- _____ _ Investments and other assets indi...
rectly representing bank premises or other real estate............................ Customers' liability to this bank on acceptances outstanding_
Other assets ......

Total Assets ..........

....... $

238,893.69 107,000.00
None None None 53,494.08 1,500.00 None
None ){one None 400.887.77

LIABILITIES
~~~:nge~~~i~~it~--~-.. ---~~~~~~~~~~~~~~~~~~~--~~ $

Deposits of U. S. Government __ Deposits of States and political

subdivisions ----------------------Denosits of banks _ Other deposits (certified and offi-

cers' checks, etc.) ...........................

Bills payable ............

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

Acceptances executed by or for

account of this bank and out-

standing ------~-------- -------------------------

Other liabilities ....................................

Capital ...................................................

Surplus

Undivided profits Reserves . _

270,605.49 71,525.58 None
20,000.00 None
276.66 None
None None 15,000.00 15,000.00 8,480.04 None

Total Liabilities

.......... $ 400,887.77

THIRTY-SECOND ANNUAL REPORT

105

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE CITIZENS EXCHANGE BANK Pearson, Ga.

As called for by the Superintendent of Banks.

J. L. SUMMERLIN, President.
Date of Charter: 1-19-1943

H. T. SCRUGGS, Cashier.
Began Business: 5-12-1945

ASSETS

Cash, balances \vith other banks. in

eluding reserve balances, and cash

items in process of collection ...... $ United States Government obliga~

tions. direct and guaranteed __

Obligations of States and political

subdivisions

._

Other bonds. notes, and debentures

Corporate stocks (including stock of

Fed~ral ReRerve Bank)_

Loans and discounts (including

overdraft")

Bank premises owned, furniture and

fixtures

Real estate 0wned other than bank

premi-::es

___________________________ _

Investments and other assets indi-

rectly representing bank premises

or other real estate............................

Customers' liability to this bank on

acceptances outstanding

Other assets ____ -------------------------------------

18ii,5~S.91
300,000.00 None None None
:311,395.6.) 5,11:3.65 None
None None None

Total Assets

........$ 1,102,838.21

LIABILITIES

~~mand cle11osits . _________ ......... -------- $

lime deposits ------------------------

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposits of lJanks -------------- --------Other deposits (certified and offi~

ee1s' checks, etc. I

Bills payable

Acceptances executed by or for

account of this bank and out~

standing ___ ---------------------

Other liabilities ---------- ... ----------------

Capital

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

Surplus

endivided profit

Reserves

510,687.:30
114,4~8.06
43,747.35
173,393.92 205,981.73
256.62 None
None 2.000.00 25,000.00 22,000.00 5,283.23
None

Total liabilities .......................... $ 1,102,8;)8.21

STATEMENT

Showing condition at the close of business December 31, 1951, of

FARMERS BANK OF PELHAM Pelham, Ga.

As called for by the Superintendent of Banks.

F. D. HOLLIS, President.
Date of Charter: 8-25-1902

R. T. MUGGRIDGE, JR. Cashier.
Began Business: 9-1-1902

ASSETS Cash, balances with other banks, in~
eluding reserve balances. and cash items in process of collection ...... $ United States Government obliga-
tions, direct and guaranteed .. ..... Obliga~i?~s of States and political
subdn'ISlOns __ ------------------------------------Other bonds, notes and debentures Corporate stocks (including stock of
Federal Reserve Bank) .................. Loans and discounts (including
overdrafts I ........... .. ....... ............... Bank premises owned, furniture and
fixtures ............................................... Real estate owned other than bank
premises _________ ----------------------------------Investments and other assets indi~
rectly representing bank premises
or other real estate............................ Customers liability to this bank on
acceptances outstanding.................. Other assets __ ..... _________..___________..

-140,077.68 1,393,300.00
None None 4,500.00 702,616.89 7,116.42 None
None None None

Total Assets .

......... $ 2,547,610.99

LIABILITIES

Demand deposits ..

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

Time deposits ...... ------ Deposits of U. S. Government Deposits of States and political

subdivisions -------

Deposits of banks ------------------ __ _

Other deposits (certified and offi-

cers' checks. etc.) ...........

Bills payable..____

--.---.. -

Acceptances executed by or for

account of this bank and out-standing

Other liabilities .

Capital ...Surplus

Undivided profits ......

Reserves

1,:361,870.94 342,:144.77 16,014.24
536,725.05 33,396.38
5,265.89 None
None 11,865.12 100,000.00 60,000.00 90,128.60
None

Total Liabilities

................... $ 2,547,610.99

106

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

PELHAM BANKING CO.

Pelham, Ga.

As called for by the Superintendent of Banks.

W. C. COOPER, President.
Date of Charter: 12-4-1936

W. W. CROSLAND Cashier. '
Began Business: 12-8-1936

ASSETS

Cash, balances with other banks, in~

eluding reserYe balance::;, and cash

items in process of colhction .... $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subJivisions

......... .

Other bonds, notes. and debentures

Co1pmate stocks (including stock of

Federal R(.'Serve Bank)

Loans and discounts (including

o\<:>rdrafts)

Bank premises owned, furniture and

fixtures

Real c~tate owned other than bank

premi::;cs

Investments and other assets indi-

rectly representing bank premises

or other real estate......

Customus' liability to thi.::> bank on

aeceptancc;:; outstanding_

Other assets _

Total .\ssets .

537,964.88 210,160.16
56,889.\JG None None
68/,967.47 1 1,9G8.11i None
None None None

LIABILITIES

Demand deposits .......

....... $

Time dcnosits

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposit::; of banks

Other deposits (certified and offi-

ecl s' ehee ks, etc.

Bills payable __

Acceptances executed by or for

account of this bank and out-

stnnding

Other liabilities

Capital

i:)urp]n:-;

Undivided profits ...

Reseryes

900,669.44 857 ,fi4 6.22
ll,h~6.08
132.380.89 None
1,:l.Ob.65 None
None :). 1U2.ti2 25.000.00 :!ll,OOO.UO 1 \l.\101).72
None

Toi..a] Liahilitie~

STATEMENT

Showing condition at the close of business December 31. 1951, of

THE PEMBROKE STATE BANK

Pembroke, Ga.

As called for by the Superintendent of Banks.

C. L. GRUVER, President.
Date of Charter: 12-29-1937

E. B. MILES, Cashier.
Began Business: 2-11-1938

ASSETS Ca~h. balanCl:S with other banks, in-

cluding rescr\'e balances, and cash

items in procc::;;;; of collection ...... $

United State:; Government obliga-

tions, direet and gumanted

Obligations of States and political

subdivisions

Other bunds, notes, and debentures

Corpotate stocks (including stock of

Fcde1al Reserve Bank)

Loan:-; ami discounts (including

ov(.-rdra fts)

Bank premises owned, furniture and

fixtures ...

Real e.'->tate owned other than bank

prcmi~~s

_____ ___________________ _

Investments and other assets indi-

rectly representing Cank premises

or other real estate...........................

Customers' liability to this bank on

accc11tances outstanding .

Other assets -----

371,994.69 131,100.00
2,083.00 None None
491,238.89 4,830.00 None
None None 3,402.46

Total Assets ....

--- $ 1,007,651.01

LIABILITIES

Demand deposits

.. S

Time dcvosits .

-

Deposits of U. S. Government ........

Depo::;its of States and political

subdivisitm~

D(>posits of bank~

Other Ueposits (certified and offi-

CPJ's' checks, etc. J ..

Bills payable

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

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided profits

Reserves .............

tiri 1,Rt-!l.4.~ 92,GF:5.43 16,074.44
163,:~~)1.10
None
7 ,1!i8.53 None
None 9.0S2.20 25,000.00 25,000.00 2,159.89 25,000.00

Total LialJilities

------ $ 1.007.651.04

THIRTY-SECOND ANNUAL REPORT

107

STATEMENT Showing condition at the close of business December 31, 1951, of
PERRY LOAN & SAVINGS BANK Perry, Ga.
As called for by the Superintendent of Banks

C. E. ANDREW, President.
Date of Charter: 8-20-1889

M. M. DEAN, Cashier.
Began Business: 1889

ASSETS Cash, balances with other banks. in-
cluding reserve balance, and cash items in process of collection ...... S
United States Government obligations, direct and guaranteed
Obligations of State and political subdivisions
Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discount~ (including
over:lrafts) Bank p1emises owned, furniture and
fixtures
Real estate owned other than bank premises
Invcstmcni.s and other assetd indirectly representing Lank premises
or other real estate Custome1s' liability to this bank on
acceptances outstanding _
Other assets

1,09S,3~,J.(!O
552,000.00 None None None
5i -1,066.~13 2.00
None
None None None

Totnl Ass12tR

~, ~-~ 1. G!12. ;):)

LIABILITIES
p~mand de~JOsit.s

lime deposit:-; ----------- Deposit::; of U. S. Government

Deposits of States and political

subdiYi~ions ---

Deposits of banks

________ _______ _

Other deposits (certified and offiI:'"~'Ts 'chel:'"ks, etc.)

Bills payable

\cceptances executed by or for account of this bank and out-

standing

Other liabilities

c~J]lital

8unllus llndivided profits

Reserves

1,453,048.47 126,232.28 3,27:2.01
:131,773.27 None
3,76~..19
None
None None 50,000.00 l 00,000.00 I5:1,49H.~ 1 None

Total Lia1Ji!ities

.... $ 2,221,592.:\~;

STATE:\IE~T
Showing condition at the close of business December 31, 1951, of BANK OF PIXEHVHST Pinehurst, Ga.
As called for by the Superintendent of Banks.

HOWELL PORTER, President.
Date of Charter: 1-1-1908

ASSETS Cash, b:t1ances '\vith other banks, in-
cluding- rescnc balances, and. cash items in procl'SS of collection .... $ Unitl'd States Government obligations, direct and guaranteed Obligation:-> of .States and political subdivisions Othe1 bonds, notE-s, and debentures Corporate stod-;.s (includin:; stock of
Federal Heservc Bank) Loans and discounts (including
overdraft.~ 1 Bank premises owned, furniture and
fixtures -------- Real estate owned other than bank
premises ______ -------- ------------ ------------ Investments and other assets incli-
rectly representing bank premises or other real estate _ Customers' liability to this bank on acceptances outstanding
Other assets

Total Assets .

.......... s

33G,19SA~
22:3,021.7 4 5,808.61 None None
114,002.0~
1,000.00 None
None None None 679.533.79

A. l\I. WILSON, Cashier.
Began Business: 1904

LIABILITIES Demand deposits Time deposit;.; ----- Deposits of U. S. Government Deposits of States and political
subdivisions
Deposits of bank"' Othe1' deposits (certified and offi-
cers' checks, etc.) Bills payable Acceptances executed by or for
account of this bank and outstanding
Other liabilities Capital Surplus Undivided profits Reserves ....

5~6,89~p u6,bRu.dS
None
22,667.01 None
2,U22.11 None
None None 25,000.00 :20,000.00 5,369.92 None

Total Liabilities

.$ 679,533.79

108

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

PITTS BANKING COMPANY

Pitts, Ga.

As called for by the Superintendent of Banks.

A. C. SHELL, President.
Date of Charter: 6-2-1906

A. C. SHELL, JR. Cashier. '
Began Business: 6-1906

ASSETS Cash. balances with other banks, in..
eluding reserve balances, and cash
items in 11roccss of collection ...... $ United States Government obliga..
tions, direct and guaranteed ........ Obliga~i~n_s of States and political

subdlVISlOllS __________

_______

.. _

Other bonds, notes, and debentures Corporate f>tocks (including stock of
Federal Reserve I3ank) __________

Loans and discounts (including

overUrafts) -- Bank premises owned, furniture and

fixtures ....... ---- Real estate owned other than bank

premises

Investments and other assets indi

rectly representing bank premises

or other real estate ..

Customers' liability to this bank on

acceptances outstanding ____

Other assets__

______ ,. __________

Total Assets ......

........... s

346,905.34 90,400.00 None None None 65,16:3.61 1,720.00 None
None None None 504.18S.!IS

LIABILITIES

Demand deposits . Time deposits

..... $

Deposits of U. S. Government ------- Deposits of States and political

subdivisions - Deposits of banks

Other deposits (certified and offi-

ct>rs' checks. etc. 1 .. ---------

Bills payable.

. .........

Acceptances executed by or for

account of this bank and out-

standing _

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

Other liabilities

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

Capital ..................

Surplus --------Undivided profits .....

Reserves

317,631.88 53,122.5! 3,955.00
47.04 7.20 None
160.25 None
None None 25,000.00 15,000.00 12,272.14 None

Total Liabilities

............. s 504,1B8.98

STATEMEKT Showing condition at the close of business December 31, 1951, of
THE BANK OF QUITMAN Quitman, Ga.
As called for by the Superintendent of Banks.

H. W. STUBBS, President.
Date of Charter: 12-31-1888

F. T. BENSON, Cashier.
Began Business: 12-31-1888

ASSETS Cash, balances with other banks, in-
cluding reserve balances. and cash items inprocess of collection ...... $

United States Government obliga.. tions, direct and guaranteed ..... .

Obligations of States and political

subdivisions _

Other bonds, notes, and debentures

Corporate :"tocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdrafts) ..... ...........

. .... .

Bank premises owned, furniture and

fixtures ---- ------------ ------ Real estate owned other than bank

premises _ _----------------

Investments and other assets indi

rectly representing bank premises

or other real estate...

__ _

Customers' liability to this bank on acceptances outstanding ....

Other assets _

1,27 4,987.35 1,237,876.74
None None None 273,525.0,1 2,773.16 None
None None None

Total Assets ......................" ........... $ 2,789,162.29

LIABILITIES

Demand deposits

---- $

Time deposits . --------- Deposits of U. S. Government ........

Deposits of States and political

subdivisions ............ --------- Deposits of hanks ...............................

Other deposits (certified and offi-

cers' checks, etc.................. Bills payable ......

Acceptances executed by or for

account of this bank and out-

standing Other liabilities _

Capital

Surplus

Undivided profits .....................

Reserves ................................................

2,056,452.39 289,7:37.73 71,022.25
110.211.97 10,288.55
1,175.71 None
None 3,000.00 100,000.00 50,000.00 11,77 3.69 85,000.00

Total Liabilities ........................... $ 2,789,162.29

THIRTY-SECOND ANNUAL REPORT

109

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE TATTNALL BANK Reidsville, Ga.

As called for by the Superintendent of Banks.

RALPH HUCKABEE, President.
Date of Charter: 9-14-1900

E. B. REGISTER. Cashier.
Began Business: 10-22-1900

ASSETS cash, balances 'vith other banks, in-
cluding reserve balances, and cash items in :rrocess of collection .... $ United States Government obligations, direct and guaranteed ........ Qbliga~i<?n_s of States and political
subdiVISIOns ------- Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (including
overdrafts) . ....... .............................. Bank premises owned, furniture and
fixtures Real estate owned other than bank
premises ______ ..... ____________
Investments and other assets indirectly n~presenting bank premises or other real estate
Customers' liability to this bank on acceptances outstanding
Other assets _

:J04,::H5l.G4 1,001 ,079.0i
None None None :l67 ,7 43.96 2,941.7 5 None
None None None

Total Assets

...... $ 1,6R2,126.fl2

LIABILITIES

Demand deposits .

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

Time deposits --------- Deposits of U. S. (;overnnwnt

DE'posits of States and political

subdivisions .......

Deposits of banks

Other deposits (certified and offi~

cers' checks, E'tc.

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

UndiYidE'd profits

Heserves

916,DBti.ff8 014,312.59
24,760.11
290,o18.2~
None
5,057.47 None
None 10,017.59 25,000.00 25,000.00 20,103.74 50,00(1,(10

Total Liabilities

...... :li 1.682,1:2ti.:~:!

STATEME:'IJT

Showing condition at the close of business December 31, 1951, of

RENTZ BANKING COl\IPANY Rentz, Ga.

As called for by the Superintendent of Banks.

0. D. BARRON, President.
Date of Charter: 5-2-1914

S. B. SMITH, Cashier.
Began Business: 5-5-1914

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ..... $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of Federal Reserve Dank) __ ____

Loans and discounts (inc I u ding

overdrafts) ....................................... ..

Bank premises owned, furniture and

fixtures

____ __ _______ __ ___ ___ ___

Real estate owned other than bank

premises _ __

___ _

Investments and other assets indi-

rectly representing bank premises

or other real estate _

Customers' liability to this bank on

acceptances outstanding_

Other assets _

Total Assets ......

. $

288,833.92 12U,l 08.76
None 5,000.00
None 271.404.11
500.00 5.00
None None None
634,851.7~

LIABILITIES

Demand deposits .

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

Time deposits ...............................

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposits of banks __

Other deposits (certified and offi.

cers' checks, etc.)-------------

Bills payable..

.. ......

Acceptances executed by or for

account of this bank and out standing ____________ .. _________ _

Other liabilities .. Capital _........___

Surplus -- Undivided profits Reserves

4fifi,72';" .04
:2G.~99.22 :~.110.00
7G,J7,L!J5 None
None None
None 1 '1 !)~_32 25,000.00 ~'.0~.~~ l0,18a. 1 a :J.6U2.!11

Total Liabi1ities

...... $

llll

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE CITIZENS STATE BANK Reynolds, Ga.

As called for by the Superintendent of Banks.

MRS. CHAS. H. NEISLER, President.
Date of Charter: 9-8-1922

R. L. "!3ELL, Cash1er.
Began Business: 9-8-1922

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection . $ United States Go\ernment obliga-
tions, direct and guaranteed
Obligations of Stales and political subdivisions
Other bonds, notes, and debentures Corporate stock' (including stock of
Federal H,eserYe Bank)
Loans and discounts (including overdrafts)
Bank premises owned, furniture and fixtures
Real estate owned other than bank premises
Jn,estments and other assets indirectly representing bank premises or other real estate______
Customers' liability to this bank on acceptances outstanding.
Other assets

502,814.60
9,000.1\1) 10,000.00
None 156,50'"; .:2:2
2,2:20.00
None None None

Total Assets ....

.. $ 1,070,101.78

LIABILITIES

Demand deposits .

..... S

Time denosits

Deposits of U. S. Government

Deposits of States anrl political

subdivisions

Deposits of banks

Other deposits (certified and offi~

cers' checks. etc.)

Bills payable

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

Acceptances executed by or for

account of this bank and out~

standing

Other liabilities

Capital

Surp~us

Undivided IHofits

Resenes

7:\7,419.08 154 ,9G4.0~
7,606.50
59,986.71 None
2,193.33 None
None None 25,000.00 25,000.0& 57,9fl2.0S None

Total Liahilitic~

1,070, llll. 78

STATEMENT

Showing condition at the close of business December 31, 1951, of

WILLIAMS BANKING COMPANY Rhine, Ga.

As called for by the Superintendent of Banks.

J. C. WILLIAMS, President.
Date of Charter: 8-4-1947

J. C. WILLIAMS Cashier.
Began Business: 10-1-1947

ASSETS

Cash, balances with other banks. in-

cluding reserve balances. and cash

items in process of collection _$

United States Government obliga-

tions. direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdrafts)

Bank premises o\vned, furniture and

fixtures ........................................... .

Real estate owned other than bank

premises

_____ _

Investments and other assets incli-

rectly representing bank premises

or other real estate _

cu~tomers' liability to this bank on

acceptances outstanding

Other assets

Total Assets .

182,961.26 112,000.00
None None None
86,'i10.6~l
1 '100.00 None
None None 12,698.1:2
395,468.0~

LIABILITIES

De1nanrl deposits

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

Time deposits

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposits of banks _

Other deposits (certified and offi-

cct's' checks, etc. I

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surnlus

Undivided

R('serves

311,3Si.7l None None
26,212.84 None
510.04 None
None None 25,000.00 20,000.00
~.ss9.Rii
4,.1D7.68

Total Liabilities

.. ~

THIRTY-SECOND ANNUAL REPORT

111

STATEJIEXT

Showing condition at the close of business December 31, 1951, of

RICHLAND BANKING COMPANY Richland, Ga.

As called for by the Superintendent of Banks.

E. W. PARISH, President.
Date of Charter: 10-13-1927

REBECCA P ARISR Cashier.
Began Business: 10-15-1927

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
!items in process of c0llection ...... S
United States Covernment obligations, direct and guaranteed ........
Obliga.~i?~s of States and political
subdiVISIOllS -------------------------
Other bonds, n:Jtes, and debentures
Corporate stocks (including stock of Federal Reserve Bank) _______ _
Loans and discounts (inc 1u ding overdrafts) _________ ----------- .. ------ ....
Bank premises owned, furniture and fixtures
Real estate o\vned other than bank premises
Investments and other assets indirectly representing bank premises or other real estate
Customers' liability to this bank on acceptances outstanding_
Other assets

562,048.79 cl26,soo.oo
7,000.00 None None
2~8.185.0:2
5,'Ll 1.00 None
None None None

Total Assets ..

......... $ 1,129,487.81

LIABILITIES

Demand Ueposiis

... $

Time deposits ...... ---- ... --

Deposits of U. S. GoYernment

Deposits of States and political

subdivisions -

Deposits of banks .. _........ .

Other deposits (certified and offi-

cers' checks ,etc.)

Bills payable

Acceptances >xecuted by or for

account of this bank and outstanding-

Other liabilities Capital ___

Surplus ...

C"ndivided profits

Reserves

689,<t6:l.5:J 107 ,tiliJ.fi2
5,100.00
47,898.07 179,889.:!7
4,5~1.32
None
None None 40,000.00 40,000.00 15,000.00 None

Total Liabilities

... $ 1,129,487.81

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF RINGGOLD Ringgold, Ga.

As called for by the Superintendent of Banks.

R. H. BANDY, Presid-:mt.
Date of Charter: 8-26-1904

N. E. PORTER, Cashier.
Began Business: 8-1904

ASSETS

Cash, balanceR with other banks, in-

cluding reserve balances, and cash

items in proce~s of collection ...... $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc I u ding

overdrafts I .

...

Bank premises owned, furniture and

fixtures ---- ___ . --------

Real estate owned other than bank

Premises

...... __

Investments and other assets indi-

rectly representing bank premises

or othel real estate __ __

Customers' liability to this bank on

acceptances outstanding_

Other assets

373,2-10.51 421,547.00
60,:ilO.OO None None
3G:'i,:2:2R.~O
11,:)50.'17 8,;"i00.00
None None 7\HL21J

LIABILITIES

Demand deposits

- $

Time deposits

Det)osits of U. S. Government

Dep.Jsits of States and political

subdivisions

Deposits of banks_

Other deposits (certified and offi

cers' cht..--cks, etc.)

Bills payable

Acceptances executed by or for

accrunt of this bank and out-

stancting

Other liabilities

Capital

Surplus

Undivided profits

Reserves

R45,554.72 ;;;H,Rl5.97
33,101.92
7:3,5.57.80 None
:25,:-~48.90
None
None None 25,000.00 50,000.00
:2:~,590.77
'20,000.00

Total Liabilities

1. t:~Ll.970.f1R

112

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

CRAWFORD COUNTY BANK Roberta, Ga.

As called for by the Superintendent of Banks.

C. R. AVERA, President.
Date of Charter: 1-7-1901

J. E. CLARK Cashier. '
Began Business: 1-8-1901

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash i terns in procc~s of collection _ ti> United States Government obligations, direct and guaranteed Obligations of States and political subdivisions Other bonds, notes, and debentures Corporate stocks (including stock of Federal Reserve Bank) Loans and discounts (inc 1u ding overdrafts) Bank premises owned, furniture and fixtures ------------------------ Real estate owned other than bank premises Investments and other assets indirectly representing bank premises or other real estate Customers' liability to this bank on acceptances outstanding Other assets
Total Assets

Hl~.ooo.uu
14,000.00 None None
}r1/ ,029.8/ 600.1>(1
2,000.00
None None None 615,55:l.11

LIA13ILITIES Demand deposits . Time deposits ...
Deposits of U. S. Government Deposits of States and political
:-;ubdidsions
Deposit."> of banks
Other deposits (certified and offi cers 'checks, etc.)
Bills payable ... Acceptances executed by or for
account of this bank and outstanding
Other liabilities
Capital Surplus l 1 ndivided profits
Rf'~('l'VeS

1137,Wi8.66 :\R,4<9.08
None
B(),1.14.78 None
3,160.77 None
None :),000.00 15,000.00 10,000.00 :),000.00
\),~~94.85

Total Liallilities

STATEl\1E~T

Showing cmldition at the close of business December 31, 1951, of

ROCHELLE STATE BANK Rochelle, Ga.

As called for by the Superintendent of Banks.

l\1. l\1. STEPHENS, President.
Date of Charter: 7-8-1947

l\IATT W. ESTES, Cashier.
Began Business: 8-1-1947

ASSETS CaRh, balances with other banks, in-
cluding reserve balances, and cash items in process of collection .. $ United States Government obligations, direct and guaranteed Obligations of States and political
subdivisions Other bonds, notes, and debentures
Corporate stocks (including stock of Federal Reserve Bank)
Loans and discounts (inc I u ding overdrafts) ......
Bank premises owned, furniture and
flxtures Real estate O\Vned other than bank
premises _ Investments and other assets indi
rectly representing bank premises
or other real estate _ Customers' liability to this bank on
acceptances outstanding
Other assets

Tota1 Assets

... $

41,000.0(1 None None None
l.Jl.:l16.~4
1.50(J,00 None
None None Nont._

LIABILITIES Demand deposits . Time deposits Deposits of U. S. Government Deposits of States and political
~ubdivisions
Deposits of banks Other deposits (certified and offi-
eers' checks. etc.) Bills payable.............. Acceptances executed by or for
account of this bank and outstanding
Other liabilities Capital Surplus
lJndivided profits
P.t.'ser\'es .

.t6il.~J.1.44
None None
67,:J H.66 None
3:\9.87 None
None
~).~fi9.98
25,000.00 10.000.00
6,<11.82 800.00

Total LiabilitiP"

THIRTY-SECOND ANNUAL REPORT

113

STATEME~T

Showing condition at the close of business December 31, 1951, 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: 1900

ASSETS

cash. balances with other banks, in-

cluding reserve balances, and cash

items in process of collection.. $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivision:--

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdn::ft!' I

Bank premises owned, furniture and

fixture~

-------

Real estate owned other than bank

premises

------ _____ ------------

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding__

Other asset~

8:~~. 1 Hi.U~) 1,5~).1, 16~. 7.)
21.~141.2;)
None None !l06,9h8.0 1 1 :;,noo.oo None
None None :2,02J.7:3
o. a.:~ 10 ,G1 :~()

LIABILITIES

Demand deposits

Time deposits ....................... _______ _

Deposits of U. S. Government

Deposits of States and political

subdivisions ...... .

Deposits of banks ____ _

Other deposits (certified and offi~

cers' checks, etc. l

Bills payable..

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

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided profits

Reserves

1,900,489.26 728,202.56 11,880.67
528,881.17 None
9,669.08 None
None 151.26 50,000.00
;;o,uoo.oo
34,014.48 62,257.93

Total Liabilities

... $ ~.370,!)46.:!6

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE ROME BANK AND TRUST COMPANY Rome, Ga.

As called for by the Superintendent of Banks.

J. B. DODD, President.
Date of Charter: 4-5-1945

SIM DODD, Cashier.
Began Business: 10-1-1945

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection

:r;

United States Government obliga-

tions. direct and guaranteed

Obligations of States and political

sub<lidsions __ ... -

Other bonds, notes. and (kben1 urps

Corporate stocks (including stock of

Federal Reserve Bank) _-- -

Loans and discounts (including

overdrafts) ------- - --------------- Bank pn~mises owned, furniture and

fixturef ...........

Real estate owned other than bank

premises

_____________ ____ _--------

Investments and other assets indi-

rectly representing bank premises

C~srto~~;~. lf~~ili;;ai~ thi~ -b~~k-- on

acceptances outstanding __

Other assets

l,l52,12ti.lf:i 1,150,228.14
fl7 ,4,19.82 20,0:l9.10
None 1,667,206.97
!17,021.06 None
27,Bl i.SO None
7,117.55

TotaT Assf'ts

......... $ 4,419,109.90

LIABILITIES

Demand deposits

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

Time deposits ------------------

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposits of hanks

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing-

Other liabilities

Capital

Surplus

Undivided profits

Reserves ---

2,205,079.61 1,019,272.23
243,850.10
666,279.24 29,945.22
~6.226.64
None
None None 125,000.00 25,000.00 29,391.02 39,065.84

Total Liabilities ........................ $ 4,419.109.90

114

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of
ROSWELL BANK Roswell, Ga.

As called for by the Superintendent of Banks.

J. H. FOSTER, President.
Date of Charter: 3-1-1901

C. G. WEBB Cashier. '
Began Business: 3-1901

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash

items in process of collection .. $

United States Government obliga-

tions, direct and guaranteed ----

Obligations of States and political

su hdivisions

Other honds, notes, and deb~:"ntures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (inc 1u ding

overdrafts l ---------------- ..... .

Bank premises owned, furniture and

fixtures -------------- --

.

Real estate owned other than bank

premises

__ _

Investments and other assets indi-

rectly representing bank premises

or other real estate_

Customers' liability to this bank on

acceptances outstanding

Other assets

7:l0,545.22 l,:l:JO,!lOO.OO
53,000.00
44,~J5a.Jg
None
22,/(!(1.09 None
None None ].4:l:l.10

Total Assets

LIABILITIES

~emand de];o>its .

.. .... ~

ltme deposits ___ -----------------

Deposits of U. S. Government

Deposits of States and political

Hubdivisions

Deposits of banks

Other deposits (certified and offi-

cers checks, etc.)

Bills payable...........................................

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

lJndivided pl'ofits

HeserYes

~.150,:267.39
097 '738.27 ;q .059.08
61 )>) ~)6
7ii:261:77
c.::~:u3
None
None None
.>u.ooo.oo
50,000.00 ::1 ,IJ:l1.92 -iO,IJIJO.OO

Total Liabilitie~

STATEME~T

Showing condition at the close of business December :n, 1951, of

TRI-COUNTY BANK OF ROYSTON Royston, Ga.

As called for by the Superintendent of Banks.

LAWSON McCONNELL, President.
Date of Charter: 8-9-1941

JOE E. RIDGEWAY, Cashier.
Began Business: 9-1-1941

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection

$

United States Government obliga-

tions. direct and guaranteed

Obligations of States and political

subdtVlSlODS ----------------

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank) .

Loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtures ---------- ........... . Real estate owned other than bank

premises --------------------------------------------Investments and other assets indi-

rectly representing bank premises

or other real estate _

Customers' liability to this bank on

aeceptances outstanding ____~--

Other assets ..........

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

235,811.56 541,574.27 185,884.:il
None None 256,661.96 5,262.44 None
None None None

Total Assets .

.. ... $ 1,224,694.54

LIABILITIES Demand. deposits Time deposits Deposits of U. S. GoYernment Deposits of States and political
subdivisions --- Deposits of banks Other deposits (certified and offi-
cers' checks, etc. l Bills payable
Acceptances executed by or for account of this bank and outstanding _________ _
Other liabilities Capital Surplus ................ .. Undivided profits Reserves ............. ..

H.):{,\JO:-I.!lfl
7U,:W2.73
1:),;)~1.5~
~11).-.- (j;).14
None
1 ,1';'6.fl2 None
None None 25,000.00 "'J.IJOO.OO
I 9,!-i21.8b
Nont

Total Liabilities

THIRTY-SECOND ANNUAL REPORT

115

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF RUTLEDGE Rutledge, Ga.

As called for by the Superintendent of Banks.

R. W. WALLACE, President.
Date of Charter: 9-24-1898

C. B. VINI~G, Cashier.
Began Business: 10-1-18B8

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proce:'~ of colltction ---- $ United States Government obligations, direct and guaranteed Obliga~i<;n~s of States and political
suL'lliViSlOllS ................................. .
Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (inc 1u ding
ov_rdrafts) Bank premises owned, furniture and
fixtures Real es~ate o-wned other than bank
premises Investments and other assets indi-
rectly representing bank premises or other real estate_ Customers liability to this bank on acceptances outstanding Other assets _
Total AsRets .

1o; .H93.1!
lli,500.00 rl,2:1C.1U 3,000.00 None
138,47:L77 1.818.G; None
None None None

LIABILITIES

D('mand deposit~

Time deposits

Deposits of U. S. Government

Deposits of States and political

::;ubdivisions

Devosits of banks

Ot!wr d<~po~its (certified and offi-

cers' cheeks, etc.)

Bills ]layable..

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

Acceptances execnted by or for ac-

count of this bank and outstand-

ing

Other liabilities..

Capital

Snrplus

UndividC'J profits

Reserves

:;}l~l,:2P2.92 1;-.1,1;-:.~l.IO
None
~:::.;1;)!).~3
None
I.:;;)r. t-it None
None None 25.000.00 12.500.00
>~O.flOfJ.~~
~- ~)1 h.l17

Totul Liabilities

STATEMENT

Showing condition at the close of business December 31, 1951, of

BA~K OF SAHDIS Sardis, Ga.

As called for by the Superintendent of Danks.

W. H. SMITH, President.
Date of Charter: 4-27-1945

T. D. ZIGLER, Cashier.
Began Business: 7-2-lB-15

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection

$

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, note;';, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)----------

Loans and discounts (including

ov('rdrafts) ........

Bank prE:~mises owned, furniture and

fixtures

Real estate owned other than bank

premises --- ---------------------------- --- ..

lnvestnwnts and other assets indi-

rectly representing bank premises

or other real estate ... _____ ...----

Customers' liability to this bank on

acceptances outstanding _

Other assets _

Total Assets

1 1:3,:3~)2. 7.t
co.ooo.oo
None None None
None None
None None None

LIABILITIES Demand tkpcsits Time (leposits Deposits of U. 8. Con~rnment Deposits of States and political
subdivisions Dt posits of hanLs Other deposits ( cf'rtiflcU and offi-
eers' che('ks ete 1 Bills payable..:.. ..
Acceptances executed by or for account of this bank and outstanding
Other liabilities
Capital Surplus Undivided Pl'Oflts H.eserves ...

:'17.<S:)..j~
~:- .~-17 .00 None
170. ';f) I 1.6-1
None None 25.000.00 5.000.00
2~.fl11l.!)O
None

Total Liabilitit's

116

DEPARTMENT OF BANKING

STATEl\TEl\'T

Showinl!; condition at the close of business December 31, 1951, of

BANK OF SASSER Sasser, Ga.

"\s called for by the Superintendent of Banks.

T. E. MILLER, President.
Date of Charter: 2-15-1905

D. D. HILL Cashier. '
Beg,an Business; 190:;

ASSETS

Cash. halan('es with other banks, in-

eluding re~l'rve balances, and cash

itt.~ms in rrocu>s oi enlkcticn

~

United States Government obliga-

tions, rlireet and guaranteed

Obligations of States and political

.su1 ,<f visions

Othel' bonds, notes, and d~bentures

Corporate stocks (including stock of

Federal Reserve Bank)_

-

Loans and discounts (including

o\'Prdra fts)

Bank prcmises owned, furniture and

fixtures

Real estate owned other than bank

premises

._

Investments and other assets inrli-

rectly n'pre:;enting bank premises

or other real estate

CustomPrs' liability to this bank on

ncceptances outstanding

Other assets _

Tntal Assets

, .. $

131,500,00 :Konc None None
1.) ~.:~Jh.67 2,:)00.00 None
None None None 4~!7 ,27D.0D

LIABILITIES lkmand deposits
Time deposits ...... . Dppo~its of U .:::;. Govprnmcnt
Deposits of States and political subdi vi~ions
Deposits of banks Other deposits ( cE>rtified and offi-
cers' cheeks, etc.) Bills payable,,
Acceptances executed by or for ac-
count of this bank and outstand-
ing .......................
Other Jiabilitks.. Capital Sutplus Undivided profit~ REservcs

?..; 1,;]:15.92 1,900.()()
:;,0~1.25
S7,999,&9 None
121,80 None
None None 25.000.00 :12,500,00
~I .~98,09
None

Total Liabilities

,$

497.279.9~

STATEl\IENT

Showing condition at the close of bu~iness December 31, 1951, of

ATLANTIC SAVINGS & TRUST CO. Savannah, Ga.

As called for by the Superintendent of Banks.

JAMES E. CAROLAN, President.
Date of Charter: 11-G-1933

JAS. J. JOHNSON, Cashier.
Began Business; 11-6-19:33

ASSETS

Cash. halances with other banks, in-

cluding- n'~H:one balances, and cash

items in Jtocess of coll('ction

S

United States Government obliga-

tions, direct ard guaranteed

Obligations of States and political

subdi\ision~

Oth(J' bonds, notes, and deLentures

Corporate stocks I ineluding stock of

Fcdt'ral Reserve Bank)__

Loans and discounts ( including

O\"E'"l'tlra: ts f

l3ank premise~ owned, furnitu1e and

fixtures

Real ef'tate owned other than bank

pnmi;-;es

Investments and otht'r assets incli-

rec.tly representing bank premises

nr other real estate..

Cu.;;tonwrs' liability to this bank on

::~cceptances outstanding

Other assets

:117,0:Hl.DI1
l,0:5g,"l:?,f).~0
None None None 1,71 !,S7:2.0/
;-)1,'1:3~.81
1.00
None None :!6,S04.21

Total Assets

. $ 3,119,574.88

LIABILITIES

Demand depos;b

Time dt>Jlmdt::.; l1cpPsit, of U. S. f-;oYernment

Dt>pn;;ib; of States and political

suhdivisi.ms

I)pposits of hanks

Othe1 denosits ( certifiii>d and offi-

cfrs' ch{eks, ele. f

Bills payable ..

Acceptances ('Xecuied by or for ac-

count of ihis bank and outstand

ing

Other liabilities

Ca])ital

Sutplus

Undivided profits

Reserves

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

None :z,:Hi 1.677.68
None
2il0,218.54 ltl,UOO.OO
:~:~ .). 6.1 None
None
1,,)21.~0
100,000.00 200,000.00
2:!2.~21.83
None

Total Liahilitie:;;

$ 2,11~1,074.88

THIRTY-SECOND ANNUAL REPORT

117

STATEMENT Showing condition at the close of business December 31, 1951, of
THE CARVER SAVINGS BANK Savannah, Ga.

As called for hy the Superintendent of Banks.

L. B. TOOMER, P1esident.
Date of Charter: 4-29-1947

L. D. PERRY, Cashier.
Began Business: 6-4-1947

ASSETS Cash. balances with other banks, in-
cluding reserve balances. and cash items in l~l-o<.'C'SS of cllcetion .. S United States Government obliga. tion~. direct anJ guaranieed Obligations of States and political subdivisions
Other bonds, nutes, and debentures Corporate stocks (including stock of
Federal Reserve Bank)_ Loans and discounts (including
overdr::>.fts)
Bank premises owned, furniture and
fixturrn
Real estate owned other than bank
premisl"S _______ -- __ --------- Investments and other assets indi-
rectly representing bank premises
or other real estate .................... Customers liability to this bank on
acceptances outstanding _
Other assets

Total Assets

...... s

58,2~1'.01
43,050.00 None None 100.00
~128,347.12
800.00 None
None None 20.60 H2,565. 73

LIABILITIES

p~.:mand d~J?OSits

.$

I I me deposits -----

Deposits of U. S. Government

Deposits of States and political

subdivisions

Deposits of banks

Other deposit:!!! (certified and offi-

cers' ehecks, etc.) ............................

Bills payable............................................

Acceptances executed by or for ac-

count of this bank and outstand-

ing .........................................

Other liabilities .....

Capital

Surplus ......

Undivided vrofits

Reserves .........................

None 270,581.86
None
15,000.00 16,:l31.81
1,6:ll.35 None
None None 100,000.00
20,4~9.75
4,o60.96 4,000.00

Total Liabilities

.$ 4:)2,565.73

STATEMENT

Showing condition at the close of business December 31, 1951, of THE GEORGIA STATE SAVINGS BANK OF SAVANNAH Savannah, Ga.

As called for by the Superintendent of Banks.

J. P. HOULIHAN, P1esident.
Date of Charter: 7-29-1909

S. B. LaFAR, Secretary.
Began Busine~s: 8-4-1909

ASSETS

Cash, balances with other banks, in-

cluding r<~~erve balances, and cash

items in JH"Ot::E'SS (1f collection _ $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds. notes, and debentures

Corporate stocks ( inclwling stock of

Fcdcl'al Rcst'ne Bank)

Loans and discounts (including

overdrafts) -------------- ---- Bank premises owned, furniture and

fixtures .......

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

Real estate owned other than bank

premises

_______ __ _

Investments and other asset-; indi-

rectly represPnting bank premises

or other real estate..

Customers' liability to this bank on

acceptances outstanding_

Other assets

~l\)1,10 l.i.::J 1,095,000.00
122,650.0:) None None
4,052,5~7.8-t
lll,g3S.1:l None
None None 2,801.23

Total Al'Sets

.... $ 6,:375,572.30

LIABILITIES

Derna nd deposits

_$

Time deposits --------------------Deposits of U. S. Government Deposits of States and political
subdivisions Deposits of banks
Other dt"posits (certified and offi-
cers' checks, etc.) ........ Bills payable............................................ Acceptances executed by or for ac-
count of this bank and outstand-

ing.......

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

Other liabilities

Capital

Surplm; ...

Undhided profits

H<'SE'J"\'8

None 5,194,79:Ul
None
467,144.63 None
6,S17.18 None
None 10.2ii2.:J9 325,000.00 lGO,OOO.OO 116.o64.79 75,000.00

Total Liabilities

6,375,572.30

118

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

SAVANNAH BANK & TRUST COMPANY OF SAVANNAH Savannah, Ga.

As called for by the Superintendent of Banks.

REUBEN CLARK President.
Date of Charter: 3-4-1869

JOHN F. WELLBROCK Cashier. '
Began Business: 7-1-1869

ASSETS

Cash. balances ,vith other banks, in-

cluding reserve balances, and cash

items in J)rocess of collection _S 8,005,:322.87

United States Government obliga-

tions, direct and guanmteed

7,Si52,47:tG5

Obligations of States and political

subdivisions

7:18,460.82

Other bonds, notes, and debentures

512,68fi..t0

Corporate stocks (including stock of

Federal R<serve Bank

60,00l.Oll

Loans and discounts (including

overdrafts)

11,155,Hi2.!Ji

Bank premises owne(i, furniture and

fixtures ...

6(;.1,388.60

Real estate owned other than bank

premises

__________ -------------------

None

Investments and other assets indi~

rectly representing hank premises

or other real estate.....

None

Customers' liability to this bank on

acceptances outstanding_

None

Othe1 assets .

114,497.54

'Total AssC'ts .

LIABILITIES Demand deposits Time deposits ......... Denosits of U. S. Government Deposits of States and political
~ubdivbions
De-nosits of banks
Other deposits (certified and offi cers' checks, etc.)
Bills payable.......................................... Acceptances executed by or for ac
count of this bank and outstand ing
Other liahi\iliPs Capital
Surplu~
Undivided profits
Ht'SCl'VE'S

20,018,lOR.iiO
4.496,~40.~6 :~2G,05:1.98
~.OG2.651.95 l ,G~6,02R.85
:!2-1.~ll7.19
None
None
:2o:~.D~1.:n
J,ooo.ono.oo 1,uoo.ooo.oo
147.~HS.02 -n.~25.19

Total Liabilities

STATE~IE~T

Showing condition at the close of businesE December 31, 1951, of

THE FARMERS & :'IIERCHANTS BAI\K Senoia, Ga.

As called for by the Superintendent of Banks.

R. W. FREEMAN, President.
Date of Charter: 3-2-1874

MRS. HATTIE S. WHATLEY, Cashier.
Began Business: 1889

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of colleetion ...... $

United States Government obliga-

tions. direet and g-uareinteed

Obligations of States and political

subdivisions ___________

_

Other bonds. notes, and debentures

Corpor;"Ite stocks (ineluding stock of

Federal Reserve Bank) .......-....... .

Loans and discounts (including overdrafts)

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises .............................................. Investments and other assets indi~

rectly representing bank premises

or other real estate................--.- ..

Customers' liability to this bank on acceptances outstanding _______ _

Other assets

Tota I Assets

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

311,432.70 314,558.61
None None None 200,158.7R 3,625.70 179.7 5
None None None 829.955.54

LIABILITIES

Demand deposits

..... $

Time deposits

Depo~its of U. S. Government

Deposits of States and political

subdivisions

Deposits of bank:3

Other de posits (certified and offi~

cers 'checks, etc. I

Bills payable....

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

Acceptances executed by or for ac

count of this bank and outstand~

ing ...............

Other liabilities

Capital

Surplus

Undivided profits

Reserves

.5.55,00i'l.26 199,176.04
962.81
13.~1>6.92
None
2,~.\R.43
None
None None 25,000.00 15,000.00 19,086.08 None

Total Liabilities

829,9iio.54

THIRTY-SECOND ANNUAL REPORT

119

STATEMENT

Showing condition at the close of business December 31, 1951, of

CITIZENS BANK OF SHADY DALE Shady Dale, Ga.

As called for by the Superintendent of Banks.

0. H. BANKS, P1esident.
Date of Charter: 2-6-1920

0. H. BANKS, Cashier.
Began Business: 4-12-Hl20

ASSETS

Cash, balances with other banks, in-

cluding re..oerve balances, anrl cash

items in process of collection

:<.;

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Fedecal Re'icl've Bank)

Loans and discounts (inc 1u ding

overdrafts)

Bank p1emises owned, funliturc and

fixtures

Real estate owned other than bank

premises

Investments and oihf'r assets indi-

rectly representing bank premises

or other Teal estate..

Customers' liability to this bank on

acceptances outstanding

Other assets

Total Assets

12:J,ScJ:J.Oo :2;),000.00
None None None I:'\, 1~)4.59
1.00 1.00
None None None
~~7.089.65

LIABILITIES Demand deposits
Time depsits ---------- -- Deposits of U. S. GovenlmC:'nt Deposits of States and political
subdi\"isions DC'posits of banks _ Other deposits (certified and offi~
cers 'checks, etc.) Dills payable_____,,______________ ----------------
Acceptances executed by or for ac~ count of this bank and outstand~ ing .............
Other liabilities Capital Surplus
Undivided prot-its Reserves

148,106.22 ,14 ,571.09
None
690.17 None
~39. 97 None
None 1,600.00 20,000.00 JO.IJOIJ.OO
1,7:~2.20
None

Total LialJilities

-- ~ 227.009.65

STATEMENT

Showing condition at the close of business December :31, 1951, of

BANK OF SHARON Sharon, Ga.

As called for by the Superintendent of Banks.

ARTHUR D. BROWN, P1esident.
Date of Charter: 9-29-1904

B. R. DARDEN, Cashier.
Began Business: 9-1904

ASSETS

Cash, balances v.'ith other banks, in-

cluding- rest:>t'VC balances, and cash

items in proct.'Sf> of collection .... $

United States Government obliga-

tions, direct. and p:uanmtet.'d

Obligations of States and political

subrlivisions

Other bun d.-;, notes. and rh;bent.u t'('"

:orporate stocks (including stock of

Federal Heserve Bank) ....................

Loans and discounts (including

oven]n:Jts J .............

Bank premises owned, furniture and

frxtul'f'S .. ---------------------

Real c>siate n'lvned other than bank

premises

__________ ----

-------- .

Investments and othf'r assets indi4

rectly n'presenting bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other assets ....

Total Assets

159 ,8:2.:-LOO 110.000.00
None 7,1JUO.IJIJ
None 11:!,102.71
901.00 None
None None 9-15.25 :JOO, 771.99

LIABILITIES

Demand denosits. .

.$

Time dc}Jo:->its _

Deposits of U. S. Government

Deposits of States and political

subdivisions Deposits of banks Other deposits (certified and offi~

cers' checks, etc.)

Bill~ payable

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

Acceptances executed by or for ac~

count of this bank and outstand

ing ....................

Other liabilities

Capital

f-:urp{u~

Undivicted lJrofit~

R('SCl'\'{'S

1~1,9:l5.B9 21,:Ht~.57
None
112.~00.82
None
414.50 None
Nont None 15,000.00 lli,OOO.OO
3,2:J7.41
None

Total Liabi1ities

------ $ 300,771.99

120

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1951, of

BANK OF SJHYRNA Smyrna, Ga.

As called for by the Superintendent of Banks.

D. C. LANDERS, Pre,ident.
Date of Charter: 4-4-1946

W. C. P ATTERSOC\ ~a~bier. '
Began Busines": 8-5-1946

ASSETS Cash. balances with other banks, in-
cluding reserve balances. and cash items in process of collection .. S United States Government obligations, direct and guaranteed Oblig,,tions of States and political subdivisions ......... ___ .... __ ......... _.... __ ..... . Other bond;.,, notes, and debentures Corporate stocks (including stock of Federal Reserve Bank) .... Lonns and discounts (including overdrafts)
Bank premises owned, furniture and fixtures
Real estate ov..ned other than bank
premises --------------------------Investments and other assets indi
rectly representing bank premises or other real estate..... Customers' liability to this bank on acceptances outstanding...... Other assets

Total At;>;ets _

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

15,000.00 20,1SO.OO
None None 358,767.24 18,:381.00 800.00
None None None S%,169.98

LIABILITIES

Demand deposits

5:

Time de)Josits ..... .

Depcsits of U. S. Government

Deposits of States and political

subdiYiRions

Deposits of banl{s

Other deposits (certified and offi-

cers' ched;:s, etc.)

Bills payable

Acceptances executed by or for ac-

count of this bank and outstand-

ing

Other liabilities

Capital

Surplus

Undivided profits

Reserves __ _

!iG1,9:Js.so 160,813.60
None
-~ l,:lti0.1~ :2S,900.-t~
-;- ,R2G.26 None
None None 55,000.00 ~~.0~0.00 -' ,O.,.J.96 None

'fota 1 Liabilities

8Wi.lti9.98

STATEMENT

Showing condition at the close of business December 31, 1951, of

SOCIAL CIRCLE BANK Social Circle, Ga.

As called for by the Superintendent of Banks.

W. B. SPEARMAN, President.
Date of Charter: 12-31-1923

\V. S. ;\fcKIBBEN. Cashier.
Began Business: 3-8-19~-1

ASSETS

Cash. balances with other banks, in-

cluding reserve balances, and cash

items in prof:ess of colledion _$

United States Government obliga-

tions. dirf'ct an(l guaranteed

Obligations of States and political

subdivisions

Other bonds, note:". and df'bentltl'es

Corporate stocks (including stock of

Federal HC'scrve Bank J....................

Lonn::; and discounts (inc 1u din~

overdr:tfts)

Bank ptcmi.s('S O\\"TIPfl, furniU!re and

fixtnr{'S ............................................ .

Real f'St:-tte owned other than bank

p rPm iscs _ ___

____ ._ .. -- _

Investments 8.Tid other a!3sets in(li~

rectly rcpl'CSC'nting hank premises

or other real rstate..............

Customers' linhility to this bank on

acceptances ou lstanfling-

Othcr asc.~t ~

To1al A:-:sets

::zs,7 4:J.ss
99,500.00 None None None
2.001.00 J\Tone
None None None

LIABILITIES

Demand deposits

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

Time dt~)Jusits .

DPposits of U. S. Covernmf'nt .....

Deposit:5 oi States and political

S~lb(li\]:-;ioJlS

Deposits of h:1.nk0>!

Othc1' dt;wslts (certified and offi-

cers' checl;-s, {'tc.)

Bills na:-.'ah1~ Acce11tances executed Ly or for ac-

count of this h.-mk and outstand-

ing ...........

Ol!wr li<~l;ilitil'S ..

!i-1G,G:"52.10
::0,5~18.96
.i,280.42
:::-,7~~1.10
None
:>.(JJG.61 None
None )Jane
z.s, 000.00
25.000.00 ~,jl;', t.f!S ll.},OfiO.OO

THIRTY-SECOND ANNUAL REPOHT

121

STATE:\IENT
Showing condition at the close of business December :n, 1951, of
THE BANK OF SOPERTON Soperton, Ga.
As called for by the Superintendent of Banks.

J. B. O'CONNER, President.
Date of Charter: 7-lG-1906

H. A. PERRY, Cashier.
Began Business: 1903

ASSETS

cash. balances with other banks, in-

cluding reserve balances, and cash

items in process of collcctiun

;i)

United States Government obliga-

tion:-;, direct and guarante('d . ____ .

Obligations of States and political

subdivisions

Other bnnds, notes. anrl debentures

corporate stocks (including stock of

Federal Reserve Bank)--- Loans and discounts (including

overdrafts) ........ -------------------------Bank premises owned, furniture and

fixtures

_____ _______ ------------

Real estate owned other than bank premises ___________ .. ________ ------- __

Investments and other assets indi-

rectly representing bank premises

or other real estate...............

Customers' liability to this bank on

acceptances outstanding.........

Other assets

179,:128 . .iG 997,:J77.0S
;Jl,:HiO.OO None None
():j8,7 51.98 10,:350.00 None
None None :3R2.00

Total Assets

.. $ 2,177,5G0.12

LIABILITIES

Dt'mand dcnosits

Time depo:3its ----------

lhpositR of U. S. l;ovcrnm{nt

DPpo~its of States and political

subli:i~ions

Dcposit-8 of hanks

Other deposits (certified and offi-

cel s' tllecks. etc.)

Bills payable

Acceptances executed Ly or for ac-

count of this bank and outstand-

ing....

. .....

Other liabilities

Capital

Surplnc; -

Undivided profits

Reserves

t,:l:H,:i2S.O~l ;~.JO,(J:)~.:Z(i
20.~ l 5.~10
:-;o:~.D6-; .87 None
-l,nGS.:>s None
None 41,:?Gl.91 50,000.00
:-.o.ooo.oo
3G,~6~l.Gl
None

Total Liabilities

STATEMENT

Showing condition at the close of business December 31, 1951, of

BAl\'K OF HANCOCK COUNTY Sparta, Ga.

As called for by the Superintendent of Banks.

J. H. DOLVIN,
Pl'e~iclcnt.
Date of Charter: 10-18-1904

S. H. HOLLIS,
ca~hie1.
Began Business: 9:5-190.

ASSETS

Cash, balances with other banks, in4

eluding reserve balances, and cash

items in process cf collc~tion . $

United States Government obliga-

tions, dired and guarantc{'d . _.

Obligations of States nnd political

subdivisions

Other bonds, nnVs, and df'hentures

Corporate stocks (induding stock of

Fed{"ral Rc:'('rvc Bank)

Loans and tlic>counts (including

overdrafts) ..... -- --- .. - ---

Bank JJrt'mises owned, furniture and

fixtures -------------- -

Real est ate ownf'd other than bank

Prt'misr>s

____

________ . _____ _

Investments and otlwr assets indi-

rectly revn:srnting bank premises

or other re:1l estate....... .

Customers' Lability to this bank on

acceptan ccs outstanding __ OthC'r as~ets

273.023.71
29G,flG7.~D GG,O~lO.~iO
l:."i,OOU.UO None
5G6,040.04
7.ooo.r:o
None
None None l,OUI:.OU

1, J ~ !. 1:? J .:~ 1

LIABILITIES

Dcm~nd deposits .

... ;)

Time dE'posits --- -- - .... J)pposits of U. S. novcrnnwnt

Deposits of States and political

stdHliYisi011:-; -

Deposit:--; of b~nks

Other d<'flosits ( cf'rtificd and ofli-

ct>rs' <"hecs. t"tc.)

Bills rwyable

Acceptances Pxecntcd by or for ac-

conllt of tbis bank and outstand-

ing

Oth('r liabilities.....

Capital

;)uJ nlus

l!ndi\'idcd rnn!h~

Ht::<cl \c::;

72:2,SO 1.0 -t :21, ::~11.2
1ti,:JC7 .:;
1,.. o.o.r.::.:2.:::D
None
17S.71 None
None None 2.5,000.00
~--l,liOt'.Oil
2 c:'!17.Gl -!,dOo.on

Total Lh:bi!it:c-;

1' 1::' i.l:? 1;-; .~

122

DEPARTMENT OF BANKING

STATEME~T

Showing condition at the close of business December 31, 1951, of
THE EXCHANGE BANK OF SPRINGFIELD Springfield, Ga.

As called for by the Superintendent of Banks.

B. L. RAHI'\,
Pre~ident.
Date of Cha1ter 12-00-1907

J. M. MARCHMAN Cashier. '
Began Business: 1-1-1908

ASSETS Cash, balances with other lmnkg, in~
eludinJ; reserve balances. and cash item~ in ptoces-:> uf cnlltction .... ~ United States Government obligation~. direct and guaranteed Obligations of States and political subdivisions
Othcl' bonds, notes, and debentures Cot']HJratP stocks (including stock of
FedPral Reserve Bank) Loans atHl discounts (including
overdraft:-> 1
Bank premi;-;es ownefl, furniture and fixturPs
Real estate owned other than bank premises
Invcstlnents and other assets indi 1ectly representing bank pn~mises or other real e:jtate
'Customers' liability to this bank on acceptances outstanding ..
Other assets _

f)(){) ,206.:2~)
l:!t\,000.00 20,000.00 None None
J,::oo.oo
None
None None None

1,H1,41!5.Sl

LIABILITIES DPmantl deposits Time dqJosits Dcpo~it~ of U. 8. G()\."('J"Timlnt
Deposits of States and political subdi Y isions
Deposits of banks Other deposits (certified and offi-
e_rs' checks, etc.) __
Bills payable Acceptances executed by or for
aec.:ount of this bank and outstanding
Other liabilities Capital Surplus
Undi\"i(led profits_ Hescrv('S

None None
None None
None None 25,000.00 00,000.00 10,000.00 J,.'j();'_i ..13

Total LialJilitic:-;

1,111, 115.R1

STATE:\IE:'IIT Showing condition at the close of business December 31, 1951, of
BANK OF STAPLETON Stapleton, Ga.

As called for by the Superintendent of Banks.

.J. C. KILGORE, President.
Date of Chartel': 3-20-1916

J. C. KILGORE, Cashier.
Began Business: 1D06

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of eollection _.. $ United States Government obligations. direct and guaranteed Obligations of States and volitical
subdivisions Other bonds, note" and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (inc 1u ding
O\"('l'flra fts) Bank premises owned, furniture and
fixtures Real estate owned other than bank
]Jreruiscs ----- ------ __ Investments and other assets indi-
rectly representing bank premises
or other real estate _____ ----Customers liability to this bank on
acceptances outstanding.................. Other assets

Total Assets

..... $

2S8,870.!i9
None None None 97,399.58 1,!)00.00 None
350.00 None None 7~H.907 .62

LIABILITIES

p~mand de~)osits _

.... ~

lime deposits ------------------- Dl~Dosits of li. S. GoYernment

Deposits of States and political

subdivjsions

Denusits of banks

Othe1 deposits (certified and offi-

cers' checks, etc.)

Bill,; payable

At:ccptances executed by or for

aceonnt oi this bank and out-

standing

Other liabilities

Capital

Sutplus

Undivided profit~

Reserves

700,;")06.:~7
;l:l,918.70 1,050.00
7,:l6:l.29 None
1,746.79 None
None None 15,000.00 I 2,000.00 11,:!92. .17 None

Total Liabilities

.. $ 794.907.62

THIRTY-SECOND AXNUAL REPORT

123

STATEMENT

Showing condition at the close of business December 31, 1951, of

BULLOCH COUl\TY BANK Statesboro, Ga.

As called for by the Superintendent of Banks.

\V. G. COBB, President.
Date of Charter: 1-19-1934

\V. D. A:\TDERSON, Cashier.
Beg-an Business: 4-14-19::)4

ASSETS cash, halances with other banks, in-
cluding reserve balances, and cash items in proce:-:..s of collection ...... ~
United States c;overnment obligations, direct and g-ut..tantu'll
Obligations of States and political
subdivisions
Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (inc 1u ding
overdraft~)
Bank premises owned, furniture and
fixture~
Real estate owned other than bank premises
Investments and other assets indirectly representing bank premises or other real estate
Customers' liability to this bank on acceptances outstanding__
Other Assets

l:U,:-)1~.\l~
l,.JSO,n.J(.-;:-i None None None
11~,0~)L10 -t~l.>li)O.UI)
None
None None 1,000.01)

LIABILITIES

Demand depsits

Time depof:its ..

. ..

.DPposiis of U. S. (.;ovcrnment

Deposits of States and political

subdivisions

Dep(Jsits of banks

Othe1' deposits (certified and offi-

cers' checs, etc.)

Bills payable

Acceptances executed by or for

a2count of this bank and out-

standing

Othet hahilities

Capital

SurJ)lllS

Cndivided p1ofi t~

He~erYes

2.:JQ:J.816.i6 1DO,li\i6.59 24,101.35
22o.o:JS.94 ;H\,130.22
R,/lii.49 None
None 11 ..501!.00 liJO.OOO.IJO 60.000.00 :j6,9:)6.-19
:;o.ooo.uo

Total Liahilitit->~

STATE:\IEXT Showing; tondition at the close of bu~iness December 31, 1931, of
SEA ISLA:t\D BANK Statesboro, Ga.
'\s called for by the Superintendent of Banks.

C. P. OLLIFF, President.
Date of Chartel': :3-11-1901

KERMIT R. CARR, Cashier.
Began Business: 1901

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proec~~ of collection ...... $
United States Government obligations, direct and gunrantpeJ
Obligations of States and political subdi v 1:-,ions
Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (including
overdr:-tfts 1 Bank premises O\vned, furniture and
fixtures Real estate owned other than bank
premises _
Investments and other assets indirectly representing bank premises
or other real estate Customers' liability to this bank on
acceptances outstanding..
Other assets.

1,;::2/,S 1.1.(.;-<(J fl08,900.00 1 S ,:->:-Jt).JH) None None
1,:'1~) 1,2-11.07
~;), 11 n.oo
None
None None 11,:_H:i6.9U

Total As~d~

............ ~ :L91 0,~:2~.17

LIABILITIES Demand depo~its Time deposits D('posits of U. S. Govc!"nment
Deposits of States and political subdivisions
Deposits uf hanks
Other deposits (certified and officers' checks, etc. J
Bill~ payable Acceptances exC'cutcd by or for
account of this bank and outstanding Othe1 linbilitics Capital
Suqd1ts
LJnrliYided lll'olib He~e~\ ...s

:~.267,991.40 ~2:l,H10.7S
5,:JH.66
1:5!1.7~8.~6
;H,;)/i)Ji6
S I,,) f 1.20 None
None 1.000.00 50.000.00 io.OOO.OO iiO.OOO.OO
!J,799.~9

Total Liahi:i tic~

124

DEPART:CV1ENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of ST. SllVIONS STATE BANK St. Simons, Ga.
As called for by the Superintendent of Ranks.

J. H. LESTEH, JR., President.
Date of Charter: 4-24-1050

JAMES H. McCLURE. Cashier. -
Began Business: 6-1-lfl50

ASSETS

Cash, balances with otlwr banh:s, in-

cluding resl'TVe b:-danccs, and cash

items in process of collectiun

~

United States GoYernm~nt obliga-

tions, rlinct and guaranteed

Ohligaiinns of .States and political

subdivisions ----------

Other bonds, notes, and deh(_'ntures

Corporate stocks (including sLock of

Federal H.esf>rve Bank l

Loans and discounts (in c 1 u d i n g

overdrafts.) ....... ------ -----

Bank vremises owned, furniture and

fixture:5

Real estate owned other than bank

pl'emisc~

Inve~tments and other assets indi~

rectly reitl'!3enting bank premisE's

or other real e::-;tate

Cu::3tomt"r's liability to this bank on

acceptances outstanding

Other assds

Total Assets

........ $

!)S, 1 :J7.6ti :2lfl,Dl/.97
None :t\onc Non('
~tiO,f\77.'";7
:S,7SL:r7 None
None None 778.11 til S,49>US

LIABILITIES Demand cleposit~
Time deposits D(posits of U. S. GoYeJnment Deposit-; of State8 and political
~uhdiYi::>ions
Dt'[Josits of hanLs CtlH'J' deposits ( certifieJ and dfi~
cers' checks, etc.)
Bills J1aYable Acceptances executed by or fr'r
nccount of this bank and outstanding
Other liabilities
Ca11ital Surplus Undivided. profits Heservcs

1G,f,I01.25 H1,:;H.86 ti,n:;:_Lss
~S.6:2\i.24
None
117.00 1'\one
~one
None
~:i,OIIO.OO
1!i,OOO,OO
G,ooo.oo
2.196.95

Total Liabilities

.. """" $ 618,493.18

STATEMENT

Showing condition at the close of business December 31, 1951, of

FARMERS & MERCHANTS BANK Summerville, Ga.

As called for by the Superintendent of Banks.

D. L. McWHORTER, President.
Date of Charter: 2-."i-1926

H. D. BROWN, Vice-President.
Began Business: 2-G-1026

ASSETS Cash, balances with other banks, in~
eluding reserve balances, and cash items in pro;;PRS of cnJk'ction .. $ United Strd('S Government obliga~ ti(lns. direct :.md gnal"antcetl
Oblig-ations of 8tah.s and political snLdivisin:1s
Other bonch', note::::, and dPbcntures Col'J)onde ~tocks ( includin~ stock of
FcdeJt:l Reserve Bank)
Lo[lns nn1l discounts (including o'>Prcl~a"t:o- 1
H:tnk Pl rn;::-'.'S o\\"fl(d, fuinitll.t'C anrl fi"\ j lll'( s
Real e:-;t;:lte owned other- thr>.n bank
prcmiS!'S ln\estm(_nts an.c1 other nsseh incli-
rc(.tl.v l"CJl1'E'senting bank premises Pr 0thP1' rca1 ec:tate Customors' liability to 1his bnn1: on accC'ptances out.standinv,...
Ot!H: :---(ts

787,600.06 1,705,1()9.0:3
4D1,:"l7u.:n Nune None
1,:2;o,::. ;:~.67 :2.00 1.00
None None l'JUJ1\J

LIABILITIES ncmand deposits ..
Timt:> deposits f)ppo~its of U. S. Government
Deposits of States and political sulJdivisions
Deposits of bank~
Othet deposits (certified and offie<!ls' checs, et~'.)
Dills payable
A<:ceptances executed by or for account of this bank and out~
~tanding
Otht:\' li:tbi1itics Capital St!l']llus lJwli\irled prot!is
H~::set\cs

2,S~8.489.11 (;74.~05.74
4:~.307 .82
~~6,4H1.82
None
G, 1SS.~8 None
None :1,000.00 50.000.00
.I (\,(\\!1),()0 'i2.S:~:LZ1
1. 1)2,~07 .G8

THIRTY-SECOND AKNUAL REPORT

125

STATEl\lE~T

Showing condition at the close of business December 31, 1951, of

DURDEN BANKING CO;\IPANY, INC. Summit, Ga.

As called for by the Sutlerintendent of Danks.

B. LEWIS BIUNSO.:\, President.
Date of Charter: 6-26-1935

R. W. DURDEN, Cashier.
Began Business: 7-.)-193S

ASSETS cash, balances \vith other banks, in~

eluding reserve balanc('s, and cash

items in process o( collection ..... S

United StatPS Government obliga

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank) Loans and discounts ( inc 1u ding

overdrafts)

Banl~; premises owned, furniture and

fixtures

Real estate owned other than bank

premises

__ _

Investments and other assets indi-

rectly representing bank premises

or other real estate_ Customers' liability to this bank on

acceptances outstanding.................. Other assets _ -------------------- __________________

Tot3l Assets _

... - $

279,4~0.50
None None None :330,:\57.01
2.00 None
None None None ~J.12, 5Hi. 09

LIABILITIES

p~mand dcp_osits

.... _ $

i1mc depOSitS -------- .......... ..

DC'posits of U. S. Government

Deposits of States and political

su bdi \ isions

Deposit:> of banks

Other deposits (certified and offi-

cers' ched.. s, etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Othet liabilitiE's

Capital

Surplus .--

UndiYidt>d profits

Rescr\es

661 ,OSl. D9,u::u. lO,:lU9.
91,07-1.16 None
:~.561..18
None
None
2,?.;:~2.00
25,000.00 2ii,OOU.OO
18,fl:~~.95
None

Total Liabilities ............................ $ 912,516.09

STATE;\'I.ENT

Showing condition at the close of business December 31, 1951, of

THE CENTRAL BANK Swainsboro, Ga.

As called for by the Superintendent of Banks.

W. W. FLANDERS, President.
Date of Charter: 10-27-1920

R. H. ROACH, JR., Cashier.
Began Business: 11-9-1920

ASSETS

Cash, balanr-cs with other banks, in-

cluding n'serve balances, and cash

items in process of coi!ecL-inn

$

United States Government obliga-

tions, direct nnU gunranlePd

Oblh,.-~ations of States and political

sulHliYisions

Other bonds, notec:, ::mrl. debentures

Cmporate f".tocks ( inclwling stock of

Federal R::,..;;etvc Bank)

Loans nr:d discounts (including

ovcnl~aft..;; l ---- ........ ____ ---

Bank premises O\vned, furniture and

fixt"l'CH

.. - ------ -

Real ('~tatC' O'.\'TIC\l nLber than bank

premises

Inn'simt'nt..;; and other assets indi-

rectly rc 11 tesenting hank premises

or 0thcr n'a] e:->tatc

_

Customers' liability to this hanl;: on

acceptances outstanding-.

Other ac:scts

:199,()f;().l)2 70G,GDO.IS
Nor1<' Nunc None
None
None None None ~ .n ~1 :~, ;-; 1; d. n.-;

LIABILITIES llem:md deposits ................................... ~~
Time ll<>posits --- Deposits of U. S. Gonrnmcnt l>cpoc.:ijs of Statc'-3 and p<llitical
sulJdi,j~;i<lTIS . . . Jif'lWSits of banks Othcl" dcpo"-its ( cC'rtificd and offi-
cers' checks, etc.) Dills payable Acc<'plances exC'ctttf'd by or for
account of this bank and outstanding Other liabilities
Capital
~~urp]u~
(T~HfiYidtl l'l'dflts
E('S('l'\'(':-3

1.~1Ii.71i\1..14 1 ~~~.:.'fJD.n7 17,0~1~1.16
17f!,~:Hi.R;'i
;',0.~1 r;_:16
~l,09.i.7G
None
None None 25.000.00 I 10.(,00.00 1:1,9:i:2.fil
~une

Tntal Li~1hiliti''"

126

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE CITIZENS BANK OF SWAINSBORO Swainsboro, Ga.

As called for by the Superintendent of Banks.

W. :VI. KARRH, President.
Date of Charter: 11-10-1900

J. R. DEKLE, Cashier.
Began Business: 1900

ASSETS Cash, balances with other banks, in-
cluding n'serve balances, and cash items in process of collPction ... $ United States Government obligations, (lirect and gual'anteed __ . Obligations of States and volitical
subdivisions
Othet bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve l3ank) Loans and discounts (including
ovt_rdrafts \ Bank premises owned, furniture and
fi~tur2~
Real estate owned other than bank premises -------------- _______ ........
Investments and other assets indirectly representing bank premises or other real estate
Customers' liability to this bank on acceptances outstanding.
Other a~st?ts

90D,9~6.11J
l,:n6,000.00 6,tJOO.P() None None
l,O~i':L~0S.11) ~),:~5H.:3:3
1~.500.00
None None None

Total Asst;-;

:-!,2S:2,70~.62

LIABILITIES P,~m<~nd dl'P.o:->its 1une deposits ................... - .. Del)Dsits of U. S. G:oYernrnent
Deposits of States and political su:Jdivisions
Deposits of banks Other deposits (certified and offi-
cers' checks, etc.) Bills payable~
Acceptances executed by or for
account of this bank and outstanding
Other liabilities Capital
Surplus Undivided p1ofits R(>senes ..

1,80~1,170.43
6H'i,;)06.8n
~;j,.~)7ti.H
4-Ll, 7:!l.fl2
28.~04.61
1~:2.2-1-1..12
None
None
'.c.oo.oo
25,000.00
I75,ouo.uo
4,0/tUt None

Total Lbbi!itie:-;

:1,2S~,i02.6'2

STA TE:\IENT

Showing condition at the close of business December 31, 1951, of

BANK OF SCREVEN COUNTY Sylvania, Ga.

As called for by the Superintendent of Banks.

.JOHN A. MILLS, JR., President.
Date of Charter: 4-10-1911

\V. B. LOVETT, JR., Cashier.
Began Business: 2-28-19:10

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in r:roress of eollectin .. $ Unite(l States Government obligations, direct anll g:uarantl'Cd Obligations of States and political sul,.didsion:s Other bonds. notes, and debentures Ctnporate stocks (including stock of FedeTal Reserve Bank) Loans and discounts ( inc 1u ding
o\erJrafts) ........... - Bank premises owned, fmniture and
fixtures Real estate O\vncd other than bank
prpmises
Investments and other assets indireet1y rep resenting bank premises or other real estate
Customers' liability to this bank on acceptances outstanding
Other assets --~-

Ott9,399. 71 9:Z6,279.h:;
276,,t58.G~
None None l,O 10,49"1.2\1 1.),000.00 None
None None None

Total Assets

.... $ 2,~1:27,8:W.10

LIABILITIES

Demn.nU depo:o:its

.'!;

Time deposits

Deposits of U. S. Government .

DPposits of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi-

cers' checks, etC'.I

Bills payable

Acc(ptances executed by or for

account of this bank and out-

standing

Other liabilities..

Capital

Surplus

lhHli \"idcd profits

Reserves ....

2,063.~18.66
''62 'l6CJ ')4
J 55:(qi_:.'t:)
lD6.'JH4.47 None
:1,2.>6.98 None
None None 50,000.00 J:ill,OOO.OO 46,o:n.27 None

Total LiabilitiPs

$ . . . c

2,927.~:12.15

THIRTY-SECOND ANNUAL REPORT

127

STATEMENT

Showing condition at the close of business December 31, 1951, of F ARMbRS & MERCHANTS BANK Sylvania, Ga.

As called for by the Superintendent of Banks.

E. H. THOMPSON, President.
Date of Charter: 2-18-1946

E. E. TRAPNELL, Cashier.
Began Business: 3-1-1946

ASSETS

cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of c ollection

$

United States Government obliga-

tions, dirC'ct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

ovenlrat ts l

Bank 11remises owned, furniture and

fixtures

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other as.<ets

592,785.:'")2
20H,l:~.LI-i0
None None None 273,487.87 3,000.00 None
None None l,SOO.OO

LIABILITIES Demand deposits Time deposits DeJJO~its of LT. S. Gon_rnnH~nt
Deposits of States and political subdivisions .....
Deposits of banks Other deposits ( certifi~d - and offiw
Ct'l's' check-;, etc.)
Bills payable
Acceptances executed by or for account of this bank and outstanding
Other liabilities .. Capital
Surplus
Undi-...ided 1nofits

68:~.~88.2
1 j.l,] Jti, J
:J.u!:L~
1!1,912.38 None
None None 65.000.00 1G,OOO.OO ~ 1,1 ~/.iJ2 None

Total LiabilitiLs

STATE:\IENT

Showing condition at the close of business December 31, 1951, of

BANK OF WORTH COUNTY SyIvester, Ga.

As called for by the Superintendent of Banks.

J. M. SUTTON P1esident.
Date of Charter: 4-28-1945

PAL'LK REEVES, Cashier.
Beg-an Business: 11-1-194.5

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in pro{"css of collection ... S UnitEd States Government obligations. direct and guaranteed Obligations of States and political subdi,:isions Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (including
overdrafts) ------------- ................... . Bank premises owned, furniture and
fixtures --------- ------ Real estate owned other than bank
premises __ ________ .. _______ ______________ _
Investments and other assets indirectly representing bank premises or other real estate _-
Customers' liability to this bank on acceptances outstanding __
Other assets ..

408,802.35 40S,55Z.1 :2
15,S49.00 None None
:161,879.35 21,000.00 None
None None 1,:168.60

Total Assets

. $ 1,220,151.42

LIABILITIES Demand dep0sits . Time dtposits Deposits of U. S. (;on'rnment
Deposits of States and political suhJiYisions
Deposits of banks Other deposits (certified and offi-
cen;' chPcl-:s, etc. I Bills payable Acc('ptances executed by or for
account of this bank and outstanding Other liabilities
Cal)ital Snrplm; (Tn(li\'iclcd profits
Hesen'ES

'"i;ifi.'iGFU):~
"2.')7 ,617.58 H;,/:22.79
91,fi7-I.S!l None
I ,R2S. GO None
None !),605.19 50,000.00
:w.ooo.no
fi,-14:~.:? ~
1,.)00.00

128

DEPARTMENT OF BANKING

STATEMEKT

Showing condition at the close of business December 31, 1951, of

SYLVESTER BANKIXG CO:\IPANY Sylvester, Ga.

As called for by the Superintendent of Banks.

C. H. STRANGWARD, President.
Date of Charter: 7-5-1898

T. lVI. ~U~DOM, Cashwr.
Began Business: 7-1898

ASSETS

Cash, balances with other banks, in-

cluJing rPscrve balances, and cash

items in procl'ss of collection

$

Unitcfl States Government obliga-

tions, direct and guaranteed

Obligations of States and political

suhdivisions

Othe1' bonds, notes, and debentures

Corn orate stocks (including stock of

Federal Reserve Bank)

Loans nnd discounts (including

overdrafts) - ---- Bank premises O\Vfle(l, furniture and

fixtures

Real estate o\vned other than bank premises _____ . __ _____________ . _____

Inn~stments and othPr asset;;; indi-

rectly representing- bank premises

or other real estate

Customers' liability to this bank on

aeeeptances outstanding

Other assets _

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

672,9,12.RO 1,413,000.00
9,000.00 None None
703,095.60 11,622.00 None
None None None

Total Asset.-->

. $ 2.811.660.10

LIABILITIES

Demand deposits

...... $

Time Jt>posils

Deposits of U. S. Government

Deposits qf States and political

subdi-vi8ions

DelJOsits of hanks

Other deposits (certified and offi-

cers' clwcs, etc.)

Dill" payable

Accpptances executed by or for

account of this bank and out-

stan{1ing

Other liabilities

Capital

Su1nlus

Undivided profits

Reserves

1.771i.~fil.67
500,2 Hl.24
11i.~IG0.60
327,1:30.00 15g.26
6,81>~.82
None
Non& 18.0G5.81 50.000.00 50.000.00 65,000.00
None

Total Liabilities

$ 2.811.660.40

STATE:\1ENT

Showing condition at the close of business December 31, 1951, of

THE PEOPLES BANK OF TALBOTTON Talbotton, Ga.

As called for by the Superintendent of Banks.

MRS. ELIZABETH P. PERSONS, President.
Date of Charter: 12-9-1890

FANNIE MAHONE, Cashier.
Began Business: 1-13-1891

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proct'Ss of collection ...... $ United States Government obligations, direct and guaranteed Obligations of States and political
sul,ctivisions .. ---------------- Other bonds. notes, and debentures Corporate stocks ( inclurling stock of
Federal Reserve Bank) Loans and discounts (inc 1u ding
ovenhafts) Bank premises owned, furniture and
fixtu l'es Real C'state owned other than bank
}lremises ----- - -- ------- Investments and other assets indi-
rectly representing bank premises or other real estate Customers' liability to this bank on acceptances outstanding _
Other assets -- ----------------

Total Asseb

........ $

35G,157.1l 489.250.00
None None None 98,718.52
2.00 None
None None None 944.127 .G:l

LIABILITIES

Demand de~)Qsits .

.......... $

Time deposits

Deposits of U. S. Government

Deposits of States and political

subdivhdons

Deposits of banks

---

Other deposits (certified and offi-

cers' checks, etc.)

Hills payable

Acceptances executed by or for

account of this bank and outstanding _______ _

Other liabilities._.

Capital

--- - _----

SUJplus

UndividPcl profits

Reserves

614.0.17.98
~.:191.26
None
240. 9fi9.82 None
H5.00 None
None None 25,000.00 25.000.00 36.2n.57 None

Tolat Liabilities

....... $ 944.127.63

THIRTY-SECOND ANNUAL REPORT

129

STATEMENT

Showing condition at the close of business December 31, 1951, of

WEST GEORGIA BANK OF TALLAPOOSA Tallapoosa, Ga.

As called for by the Superintendent of Banks.

W. L. LANIER, President.
Date of Charter: 12-6-1948

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in prol'(:..;s of collt>etion

~

United States Government obliga-

tions. direet ~Jnd guarantLed

Obligations of States and political

suhdi\isiuns

...... __ .

Other bonds, notes, anrl debentures

Corporate stocks (including stock

of Federal Reserve Bank)

Loans and discounts (including

overdrafts) . ------------. ----- ____ _

Bank premisE'S o'vned, furniture and

fixtures

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

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other a"Sets

~G0,5;;:~.Xfl
100,01:2.fi7
1,0>'1.~7
None None
1R:2,90~}.~)7 :l,%~.00
None
None None 1,:J:10.10

L. E. POPE, Cashier.
Began Business: 7-6-1949

LIABILITIES Dt=>mand depo:;iL> Time deposits
Deposits of U. S. Government
Deposits of State and po1itical subdivisions
Deposit.:; of banks
Other deposits (certified and officers' chc>cks, etc.l
Bills payable .... .... . . Acceptances executed by or for ac-
count of this bank and outstanding Other liabilities Capital Surplus
1Jndivided Ilrofiis Reserves

1G8,467.27 None None
25,000.00 None
1,20~.Rl
None
None None 25,800.00
~5.000.00 1S,1Sii.4~
None

Total Assets .

5i'i2,826.57

Total Liahiliiies

55:2,R:26.57

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF TAYLORSVILLE Taylorsville, Ga.

As called for by the Superintendent of Banks.

E. 0. DAVIS, President.
Date of Charter: 6-6-1905

W. M. DORSEY, Cashier.
Began Business: 6-13-1905

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in })roecss of collection

$

United States Government obliga~

tinns. direct and guararttccd .. -

Obligations of States and political

subdivisions ......

Other bonds, notes, and dcbf'ntures

Corporat(~ stocks ( induding stock of

Federal Re~ervc Bank)

Loans and discounts (inc I u ding

ovenlra it~)

Bank premis{'s owned, furniture and

fixtures

Real E>st.ate owned other than bank

ptemises

Investments and other assets indi~

rectly rer)resenting bank premises

or other real estate

Customers' liability to this bank on

acc(~ptanC'es outstanding

Other assets

Total Assets

... $

102,918.97
~7!5, 1;)8.1:~
None None None 298,110.12 1.000.00 None
None None None 677,487.52

LIABILITIES DC'mand dt.}wsits
Time deposits . . Dep0sits of TJ. S. (~ovcrnnwnt Deposits 0f States and political
subdivisions ..... . Deposits of banks Other deposits (certified anrl offi-
cers' ch('eks, etc.) Bills payable Acceptances exceuit'd by or for
:l.C'cmmt of this bank and out:::;tanding
Other liabilities Capital
.Surplu~
Undivided profit.,
H.eser\'eS

;{!17,'119.6 ;~j ,:Zf)l.h 10,t.i2H.2
100,480A7 None
4,:170.7~
r,o,ooo.oo
None None 25.000.00
::r,_ooo.oo
1~.:106.75
None

Total Liabilities

1177 ,4S7 .52

130

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF TEMPLE Temple, Ga.

As called for by the Superintendent of Banks.

G. M. BURNS, President.
Date of Charter: 11-25-1946

L. G. LYELL Cashier. '
Began Business: 7-1-1947

ASSETS

Cash, balances with other banks, in-

cluding rt>::::;erve balances, and cash

ite-m::::; in process of collection

$

United States Government obliga-

tions, direct and guaratlU'ed

Obligations of States and political

subdivisions

....... .

Other bonds, notes, and debentures

Corporate stocks {including stock of

Federal Reserve Bank)

Loans and discounts (including

OV('rdr:lfts)

Bank premises O\vned, furniture and

fixtures

Real estate O'\Vned other than bank

premises _

Investments and other assets indi-

rectly representing hank preinises

or other real estate

Customers liability to this bank on

acceptances outstanding

Other assets

Total Assets

L;o,ooo.ou
None None None
l,i"iBfl.8o None
None None None

LIABILITIES

Demand deposits

. :)

Time deposits _

Deposits of U. S. Government_

De}losits of States and political

subdivisions

Depusits of banks

Other deposits (certified and offi..

cers checks, etc. l

Bills payable

Ace('ptances executed by or for

account of this bank and out-

standing

01llPl' liabilities

Capital

Surplus

Undi\ided profits

B.e:-;erve5

2:{:~. 7\\4.45 None None
2->,ooo.oo
None
1(.20 None
None 119.:14 25,000.00 5,000.00 1 ~.!)0~.12
fi~ll.24

Tnt:d Liabilities

STATE:\lENT

Showing condition at the close of business December 31. 1951, of

TENNILLE BANKING CO. Tennille, Ga.

As called for by the Superintendent of Banks.

\V. B. SMITH, President.
Date of Charter: 4-4-1900

CHARLES V. SMITH, Cashier.
Began Business: 4-HlOO

ASSETS

Cash, balances \vith other banks, in-

cluding reserve balances, and cash

items in pro.-:ess of collo.:ctiun

$

United States Government obliga-

tions. direct and guarantPed

Obligations of States and political

subdivisions

Other bonds, notes, and df:bentures

Corporate stock::; (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdrafts)

Bank premises ov>ned, furniture and

fixtures ........ ----- Real estate owned othel' than bank

InYe~trnents and other assets indi-

rectly representing bank premises

or other real estate.-

Customers' liability to this bank on

acceptances outstanding _.

Jther assets --

158,000.(J(J
1:3.000.00 None None
1,2!9 ,5<3.84
:1.119.<2 1.00
None None None

LIABILITIES

Df'mand dq1osits .

.. ~

Time d(posits .

Depnsits of U. S. GoYernment

Deposits of States and political

~ubdivisions

Deposits of banks

Othe1' deposits (certified and offi-

cers' checks, etc.)

Bill~ payable

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surnlus

Undidded profits

Resen:es

1,33t,!i:J5.31
91Ji~lfl.99
1.i"Jt15.67
~~: ,i)f/j .60 None
1,7:~7.42
None
None None 50,000.00 :200,(100.00 4 ;J,K(I~L92 None

Total Assets

Tot.."J.l Lia bi lit ics

..... $ l,K;i6,J05.91

THIRTY-SECOND ANNUAL REPORT

131

STATEMENT

Showing condition at the close of business December 31, 1951, of BANK OF UPSON Thomaston, Ga.

As called for by the Superintendent of Banks.

CHAS. l\1. PASLEY, JR., President.
Date of Charter: G-23-1951

ROBERT P. CRA \'EY, Ca,hier.
Began Business: 10-1-1951

ASSETS Cash, balance with other l)anks, in-
cluding reserve balances, and cash items in process of collection . $
United States Government obligatiuns, direct and guaranteed
Obligations of States and political subU.ivisions
Otht:'r bonds, notes, nnd deLentun's Co1porate ~toeks (inclucling stoek of
F<deral Rt~~erve Unnk Loam; and discount~ {including
owrd1afth)
Bank premises owned, furniture and
fixLure~
Real estate owned other than Latlk premises
Invc:-;tments and other assds inclirect!:y represPntlng bank premists or otbe!' real (~Lite
Customers' liability to this bank on aceeptanC'es outstanding
Oth~r a~s('tS

:r.20,l\!3.0'i :-JIJO, 1 HUlll
None None NonL 1 5f!,111. I X :!2JiHi.l(J None
Hi,2:2R.l i:.0Jone
2,l-:i~L:!:-l

LIABILI'I IES Demarlll d<pnsits Time d_J~osits . ... Vt.~posits of U. S. Gove1nm~:nt. Deposits of Stat ..~s and ,, 0 \itical
subcliYi;-.;ions .. Dt>l~o>;;its of banh~
Other dn10sits 1 C'C'l'titl(d and nfflccrs' checks ,Pte. 1
Hills payabl~
.Aeceptanles ('X(cutt>d h:. (lr fur ac1ount of tlli~.; l.ank and (nJl.-
:~tanding
Oth<-'r liahilitiec; CapitaJ Sun,Jus
Uruli.id<'d ptofits
fu.:SCJ'\"t':--

~:--1.1!1:~.40 :!.J.~.j;-).95
~llS. 75
.JOtl,IIOO.OO
1~ t.D~-1.17
1. ;~Hl.6! l\one
"None
:J\I~.ti.)
1:,o 11co.oo :_w,ouo.oo
:None None

J,f12I.t~n.Hi

STATIDIEYl'

Showing condition at the close of bminess December 31, 1951, of

CITIZEKS & SOUTHERN BA~K OF THO:\IASTO:\ Thomaston. Ga.

As called for by the Superintendent of Banks.

C. B. JENKINS, JR., President.
Date of Charter: 1-18-192G

J. P. CULPEPPER, JR.,
~:a,,hier.
Began Du~inc~s: 2-23-Hl:lO

ASSETS

Cnsh, balances witb other banks, in-

cluding reserve balances, and cash

items in process of collection .. ~

United State~ Gov~C"rnment obliga-

tions, din'ct and guara11teed

Obligations of Statc>s and political

subdivisions

Othe~ bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank) Loan~-.. and discounts (including

O\'l'rdraft~) .....

___ .. --

---

Bank premises ov.ned, furniture and

fixtures ...

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

Real estate owned other than bank

premises ___

_______

-

Investments and. other assets indi-

rectly representing bank premises

or other rea] estate

Customers' liability to this bank on

acceptances outstanding-

Other assets

1,:!:1/1,911.71
~,ts:~.Sii1.1~ ;)fJ6,474.~G
None None
:~.l:j2,G~tl.07 :Zfi,:~/8.'1:2
None
None None 12,426.22

Total Assets

7,175,361.75

LIABILITIES !1flmarHl depo<'its Time dtvosits f>f!HJsits of U. S. Covernnwnt Dcpusits of States and political
subdivisions D(>posits of Uank~
Othf'r deposits ( certifie<l an<l offiecrs' dtPeks etc f
Rills payable ' .
Acceptances cx-:'eutr<l hv or for aceount of this bank~ <Jnd out-
standing Othf'r liabi!itics Capital :Sutplus Undivtded nrofits Reserves

.t.~n~,:HJ~l.14
l,F,:.. Hl0.58 1.-),),\l-l:-d)l
UR.:!79.i"l6 None
I,!E.16 None
None 17.:,:-<57.06 150,000.00
:!:""JO.ooo.oo
LJ,:~tll.7 4 None

Total Liahilitie:-;

7,17.i.:3ti1.75

13::!

DEPARTMENT OF BANKING

STATE:\IE~T

Showing condition at the close of business December 31, HL3l, of

BANK OF THO:\IAS COUNTY Thomasville, Ga.

As called for by ihe Superintendent of Banks.

W. F. SCOTT, President.
Date of Charter, 2-3-1937

JOE J. KEYTON.
ca~hier.
Began BnsinPss: 2-13-19:)7

ASSETS Ca:-;h, balances with other banks, in-
eluding !'L'~f:'l'VC balances, and cash itL'D':: in l'l'ue..._c;~ o: c~llcctinn .. ~ United Sta1l.s Covernment obligati(lil:::i, di1cd ~1nd gu;_1l':tnlccd Obl)gat irlllS <Jf State>:> and lhJlitical
~uLdi" i:-.i<:I:.~.
Other bonds, note~. and debenh11es Corpor8te stocks (including stock of
Ft>dcrnl Rc~CT\'e Bank) Loans and diseounts (including
o\(nintfts) Bank p1erni:ws owned, furniture and
f1:-;:tuns Reat P~tate owned othet than bank
Pl't_mi~es
Inw'stmlnts and other assets indiL_etl:r reprC'scnting bank premisf..'~ or (Jther real estate
Cu-.;;tntnet's' liability to t~nis bank on nceeptance:; ()utstanding
Othel' a~t;ets
Total Assets

1 00,1)00.00 None None
1,'761,6;)4.-17 :)2,4D 1.:36 None
None None
~.107.9~1 ii,O~l,:J7~1.2-1

LIABILITIES

Demand rltpo:Sits

........ ;ji

'!"imc dcpnc-its

Deposits of U. S. (;oveJnm~nt

l)('fhJsits of States and political

suhdivisioT)S

Ikno!:'its of hanks

CHhe1' deposits (certified an(l offi-

nm..,cers' c:bf'eks ,ete. J payable

Acceptances executed by or for

Reeoun t of this bank and out-

standing

Other liabilities

Capital

;-)u1plus

1T ndi \idc<l prof: ts

He~erves

7:~:L02

1-1

79

:27,771.~2
None

None 21, ~()1).~~
lOO.OOO.ov
1 oo.ono.on 1:1.6:;~.~:1 ;r/,,1oo.ou

Total Liabilitie~

STATE:\IE~T

Showing condition at the close of business December 31, 1951, of

COl\BIERCIAL DANK Thomasville, Ga.

As called for by the Superintendent of Banks.

J. TRU:\TAN HOLLAND, President.
Date of Charter: 7-3-1916

W. B. BULLOCK, Cashier.
Began Business: 7-22-UJlG

ASSETS

Ca">h. hnlnnces ''"ith other banks, in-

(ludinv, re~erve balances. and cash

item-~ in pn1ce~s uf collel'tion

~

United ~tatps (;ovelnment nbliga-

tions. din~(t <HHl guaranteed

ObligatiDns of Stait->s and. J)olitical

:,.;nbdi\i;.;ions

-----

Othe1 bond;-:;, llot(~. and dC'b('ntllre:-;

CoJ'P(!l'ate ;.otock;-; (including stock of

Federal RescJTe Bank)

Loans and discounts (inc 1u ding

onrtlntfts l

Bank premises owned, furniture and

fi_xi_un~

Real estate owned other than bank

l'remi~u5

Inn.,~tments and other assets indi~

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding_

Othe1 assets

l,G77,0l:--J.:~ I 1,96l),.t9:2..8i:i
~66,888. 19 None None
2.ZS 1,12S.!l0 5-U-300.00 10,000.00
None None
2,6:)9.7:~

Total Assets

$ 6.118,963.32

LIABILITIES

Demanf1 d('pns.its

... ~

Tin10 dC!Hlsib

fh~posits of U. S. GoYernmcnt

Deposits of Stat('S and political

subdivisions

Dcnosits of bnnl.;s

Othe1' depc~sits (certified and offi-

eer::;' clw{'kf.i, etc.)

Dills payable

Acceptances executed by or for

account of this bank and out-

standing

Other liabilities

Capital_

~urplu-.;;

Undivid('rl ptofits

Re::H.'rves

:~.s:..::u~; ~0.99 l.O~l~,Li:LlO
0G.HIJ.nl
811 .7~l5.fl6 19l.n:lS.OG
10l_o"i:1.31 None
None NonF 1 00,000.0( 150.000.0il
!~:~IA:~~

Total Liabilities

$ 6.118,963.32

THIRTY-SECOND ANNUAL REPORT

183

STATEMENT Showing condition at the close of business December 31, 1951, of

BANK OF THOMSON Thomson, Ga.

As called for by the Superintendent of Banks.

E. C. HAWES, President.
Date of Charter: 7-30-1891

W. E. HUNT, Cashier.
Began Business: 1891

ASSETS Cash, balances \Vith other banks, in~

eluding reserve balances, and cash

items in lrocess of collection .. $ 5S:J,,)l(!.0fi

United States Government obliga-

tion~. diact and guaranteed

1,115,60:~.19

Obligations of Statn~ and political

subdi\ i~ions

:JO.:lti.l.OI

Other bond:-:..

and cleberlturc:;

1,7Rtl.14

Corpora h'

(including stock of

Federal H.{ ::en'e Bank I

7:!0.00

~oans nncl discounts (including

O\'Llra fts 1 .

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

BanK p rcm i:-:.cs owned, furniture and

;.,,, tixturc:-

~0.00~).10

Real Pstak o\nwd other than bank

Pl'C!I1i,;.(.;

].()()

Inve~tmenh nnd other ass(>ts indi-

rect}:\' H'P~""-'stnting bank premises

or otlwr re::: 1 estate

None

Custom('rs' liability to this bank on

acceptan~cs outstanding

None

Other nsset"-

R,7:lG.U

Total Assets

----
...... s 2,:3:~7.165.:il)

LIABILITIES

Demand dlpusits

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

Time deposits -- - ................ .

Deposits of U . S. Government

Deposits of States and political

sulldivb.ions

Dfposits of banks

CJther UepoHits (certified and offi-

cers' checks, etc.)

Bill' vayable

AcceptancPs executed by or for

account of this bank and out-

standing

Other liabilities

Capital

.Surplus

Undivided profits

Reserves

1,857,092.10 74,212.46 19,759.39
200,215.01 None
3.227.10 None
None 4,000.00
5~.000.00
50.000.00 50,000.00 28.659.00

Total Liabilities ........................ $ 2,3:37,165.:)6

STATEMEI'\T Showing condition at the close of business December 31, 1951, of

THE BANK OF TIFTON Tifton, Ga.

As called for by the Superintendent of Banks.

L. E. BOWE::\, President.
Datl of Charter: 10-10-1891

B. P. FRANKLIN, Cashier.
Began Business: 1896

ASSETS

Cash. bal<1nc~('S with other banks, in-

cluding rps(t\e Lalances, and cash

items in l1rocess of collection _ $

United Stat<>s Government obliga-

ti\)ll5. dinct and guaranteed

Obligation" of States and political

subcthisions

Olhl'l" bonds, notes, and debentures

Cotpol;,t(' stock:' (including stock of

Fed<'J'al Hesel'\'t' Bank)

Loans ancl discounts (inc 1u ding

ovcrdra fts) ....... ... -. .

.

Bank premises owned, furniture and

fixtun-s

Real es!ate owned other than bank

p rem is('s

ln\'l";tmon.;; an(l nthl't' assets indi-

rectly repn~senting bank premises

or other Teal eRtate ;u~tomcrs' liability to this bank on

accentanres outstanding

Other assets .

1,799,257.20 3,690,951.,19
75,o:~g_:-HJ
None None 2,120,08!J.2;-i
Hl.~(:L:Li
None
None None None

Total Assets .....................

..... $ 7,710,604.67

LIABILITIES Demand deposits ................................. $
Time deposits ------------------------------ DeiJosits of U. S. Government ... Deposits of States and political
subdivisions ...................................... Deposits of banks Other deposits (certified and oftl-
eers' checks, etc.) Bills payable Acceptances executed by or for
aecount of this bank and outstanding Other liabilities . Capital Surplus Undivided profits
Reserves

4,388,822.61 1,510,2!5.79
336,1{;9.82
301,255.98 554,568.4 7
:12,281.7 4 None
None None 100,000.00 200,000.00 234,790.26 52,500.00

Total Liabilities ........................... $ 7,710,604.67

134

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of

CITIZENS BANK OF TIFTON Tifton, Ga.

As called for by the Superintendent of Banks

H. D. HAND, President.
Date of Charter: 2-24-1948

H. P. SANDEltS Cashier. '
Began Business: ~-15-Hi-18

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection . $ United States Government obligations ,direct and guaranteed Obligations of States and political
subdivh:;ions Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts (including
ov('rdrafts) --------------------------------- Bank p1emises O\\ned, furniture and
fixtures Rtal estate owned other than bank
premises Investments and other assets indi-
rectly representing bank premises or other real estate Cm~tomers' liability to this bank on acceptances outstanding Other assets

Total Assets

... $

.331,7.'-.:1.13 1 G5,000.00
None None None 246,243.98 4.867.16 None
None None None 'i37,849.17

LIABILITIES Demand deposits Time devosits Deposits of U. S. Governnwnt Deposits of Stat('S at!d volitiC'al ~ub-
rlidsions DPposits uf banks Other deposits ( certifie(l and offi-
cers' checks, l'tc.) Bills payable "\ccf'ptancL:s executed by o1 for
account of this bank and outstanding
Other liabilitit'S Capital Stlrplus
Undivided Jll'Ofits Rcsern:s

L-l~.~ \0.2\) l-l!J.\{)"J.<\1
}11,011.5:{
.-, .l.\ L26 ).l'"one
'.lti6.,0
~(J\1('
~(IJle
None 01l.ilOO.OU ].-.,1)00.00
:-),,)79.12 :-i,.l !:Lifl

Total Liabilities

, . ~ ,S 1~.1 7

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE FARMERS BANK OF TIFTO='i Tifton, Ga.

As called for by the Superintendent of Banks.

J. C. McNEESE, President.
Date of Charter: 12-21-183.':

HILTON S. HUTCHL'\SOX, Cashier.
Began Business: 2-24-1 rn7

ASSETS

Cash. balances with other banks, i!l

eluding reserve balances, and cnf';\1

items in process of collection ...... $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debenturP~

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtures ... _...... __ ...... ---- _..... -.--- ... --

Real estate owned other than bank

premises

Investment3 and oiher assets indirectly r~presenting bank premises

or other rea! estate Customers' liability to this b~nk: on

acceptances outstanding .

Other assets

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

1,113,406.85 492,398.85 18,500.00 None Ncne
1,069,580.2~
18,08fj,.t2 None
None None None

Total Assets ...

.... $ 2,771.972.34

LIABILITIES

Demand deposits

........... :;,

'lime deposits

Deposits of U. S. Government

Deposits of States and political

subdi \i~ions

Dt:'posits of banks

Other deposits (certified and offi-

.;;ers' eht>cks. etc. J

Bills payable

Acceptances executed by or for

accotHl\, of this bank and out-

standing

Other liabilities

Capital

Surplus

tJndivided profits

Reserves

l,:i91, \I~:-Ul3 t:i I 9.1~1.~1 ~ ~..:. !:r;- .\19
1l~l.SX:2. Hl ':',ll\1:2.:.Ui
J ~1'-',:.!.i4, 74
None
None None 50.000.00 100,000.00 ,;.),Ji07.02 None

Total Liabilities .

............... $ 2,<71,972.34

THIRTY-SECOND ANNUAL REPORT

135

ST"\TE:\IENT

Showing condition at the close of business December 31, 1951, of

THE BANK OF TIGNALL Tignall, Ga.

As called for by the Superintendent of Banks.

L. L. BLACKl\:ION, President.
Date of Charter: 7-5-1909

L. D. WARE, Cashier.
Bc,s'an Business: 8-El09

ASSETS

Cash, balances with other banks, in~

eluding recierve balances, and cash

items ln prtH.'e~;s of collection

.)

United States (;overnment obliga-

tion~. direct Hnd .:.nwntntePd

Obligations of States and political

subdidsions

Othe1 bond:', note~. nnd df'bentuJes

Corporate stocks (including stock of

Fe de .tal Re~<'rve Bank)

Loatls and discounts (inc 1u ding

overdrafts I

Bank premises ow ned, furniture anrl.

fixtures

Real cstatP owned other than bank

premises

In\estm<"nts and othf'r assets inr1i-

rcetly representing bank l.Hemises

or other rPal estate

Customers' liability to this bank on

acceptances outstanding

Other assets

None None None 11J:il!l.97
1.00 None
None None None

VPnwnd dt'r'o~its LIABILITIES Time depo;.;its Dt'posits of lT. S. f'roycrnnwnt--
Deposits of States and political su bdi \"isions
Deposits of ba~ks
Othe1' deposits ( cE>rtifled and officers' cheek.; etc.)
Hill:-; payable
Aeceptance., exeeuted by or for
account of this bank and outstanding Other liabilitie~ CaT)ital Surplus
Undividpd profits
Re~etves

-1-12.~~~-~~ None
lti.~81.15
None
None None
None None 25,000.00 5,000.00 9,fiGO.OO None

Total Ass~..>ts

Total Liabilities

STATEMENT

Showing condition at the close of business December 31, 1!J:JI, of THE BANK OF TOCCOA Toccoa, Ga.

As called for by the Superintendent of Banks.

J. S. McEACHERN, President.
Date of Charter: 8-10-1911

H. T. BUSHA, JR., Cashier.
Began Business: 9-1-1911

ASSETS

Cash, balance.~ with other banks, in-

cluding resc1ve balances, and cash

items in proce~s of collcetion

$

United States Government obliga-

tions. direct and guaranteed

Obligations of States and political

subdidsions

Other bonds, notec;, and debentures

Corporate stocks ( inclu(ling stock of

Federal Re:;<!rve Bank)

Loans and discounts (inc I u ding

overdrafts 1 _

___ - ---

---

Bank premises owned, furniture and

fixtures

...

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

Real <>state owned other than bank

premises

___

--- -

Investments nnd other nsscts indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptance;::; outstanding

Other assets

883, 78R.l;3 731,062.50 121 ,Sl:Ur7
None None 1,410,98:3.28 106,:-n6.60 None
None None 9,969.41

Total Assets

~~" $ :J,2G:J,994.J 9

LIABILITIES
~~~mand dc~osits lime devos1ts ---- - -- Deposits of U. S. Government Deposits of States and political
suhlidsions Deposits of banks __ --- _ Other deposits ( ce1tified and offi-
cers' checks, etc.) Dills vayable Acceptances executed by or for
account of this bank and outstanding Other liabilities Capital Surplus ---- ... ______ , UndividE>d profits
Ht:-)ClTCS

~.35-1,4flfi.fi7
:i80,HH6. 72 None
2G,OOO.OO None
R,2:i1.0;) None
None
flfi,6~5.~2
H>o,onn.oo
100.000.00
:~8.7f)2.6S
!\one

Total Liahilitif's

"~ s :J.2ti3,99,un

136

DEPARTMENT OF BANKING

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

STATE711ENT

Showing condition at the close of business December 31, 1951, of

THE CITIZE~S BA~K OF TOCCO.\ Toccoa, Ga.

As called for by the Superintendent of Banks.

W A.LLACE B. BRUCE, President.
Date of Cha1ter: 5-25-1950

ASSETS

Cash, halancc with other banks, in-

cluding rt;;::;erve ba]an('e~. and cash

itL:rns in THOCt ~~ of collt>dion .... $ 6:20,:.2~!:?..1:-;

Unile(l Stat('S (iovernnwnt obliga-

tiom;, dire( t and _guarantC:'('d

1, f\o,:;of>.(i8

Obliga. Lions of States and 11olitical

subdivlsions

::\'one

Other bonds, notes. and debentures

:\nne

Corporalc stocks (includinll: stock of

Federal }{psen-e Bank 1

None

Luans an(l discounts (including

ovenl1'afh;)

.1'2-L9i,1_:_q

Banl~ premises owned, furniture and

fixtures

21,.1~0.S6

Heal estate owned other than bank

premises -- ------- --- ------------

None

Investments and other assets indi-

rectly revtesenting bank p1emiscs

or other real Estate

None

Customers' liability to this bank on

ac~L>lltanccs outstanding

None

Total Assets .

.... $ 2,fi6R,:~SG.1 ;j

WALLACE B. BRL!CE Cashier. '
Began Business: 3-1G-1D51

L!AlllLITIES

Dnnnnd deposits .

.. $

TimP :l('JI(lSit:-;

Dcpo-.;;ii._...:, of U. S. Government

Del)(J:-;it:-; of States and lJOiitical

sul1divisions

Deposit:s of hanks

Othet UPllO~-;it:; ! ce1tif.ed and offi.

('en::' ched::s, etc.l

~\cceptanct'S l'>;:t'L'Uted hy or for

aecount of this hand and out-

stanrling

C:q,ital

Sur11lus

Undivitled profits

Res(rvcss

~~;lt/,\)52.04
1 OE ,080.26 l7,-t:J(;,92
1.:~:--;~.~1~10.6~
:\one
1.2tl.iio
None 100.00(),{)11
21J,UIJU.Uo ,j '~)j \J . 4 None

Total LiahiliUe..:.

STATEMENT

Showing condition at the close of business December 31, 1951, of

WILKINSON COU~TY BANK Toomsboro, Ga.

As called for by the Superintendent of Banks.

H. E. STEPHENS, President.
Date of Charter: 7-16-1907

H. E. STEPHE:-.IS, Cashier.
Began Business: ';.IG-1907

ASSETS Cash, balances 'vith other banks, in-
cluding reserve balances, and cash items in }HOC('SS of C(>l\edion. ... :f: Uni.~e(l States Government obHga. tions, direct anU guaranteed Obligations of States and political 8uhlivisions Other bun,l;,;, notL;s, nnd rlebentures Corllnratc stoeks (including stock of F~~dcnd Rcsenc Bank) I.Jo:1ns and di.scounts (including O\- t>rJrafts 1 Hank lll'l'rHi~,(:-_'~~ U\vn~:d. ftuniture and
fix turcs --- --------- - --- Real estate owned other than bank
prcnJl.,;cs In...-c:-;tments and other assets indi-
r.._,ctly rcpt-c.sentiEg bank pren1ises o1 other real estate Cu.-tomers' liability to this bank on aC'(.:eptanccs (Jutstanding Other assets
... :)

:2ti5,G0-1 .28 307,400.00
l,li4c.0t None None
220,"%.Gl l.'i51.00 None
None None None

LIABILITIES Demand tkposits 'rime tkpu:-:-it-;
Deposits uf U. S. Government
Dcp()siLs of States and political subdivisions
lkvosits of banks Other (lPposits (c-ertified and ofii-
Cf'ls' ehec!.;:s, ct(~.)
Bills na:va ble Acccptanee., e-;;:C'cutcd by or for
accnunt of this bank and outstanding
Other liabilities C::q--,iL-d

;);J0,GIO.fi9
~~;,019.56
--t,:Z''ifdJO

..... ) '-

9NS''~~1e9

t.!J:;0.31 None

None None
2:').()()0,00

THIHTY-SECOND AKNUAL REPORT

137

ST A TE:VIE~T Showing condition at the close of business December 31, 1951, of

llA::\'K OF TUCKER Tucker, Ga.

As called for by the Superintendent of llanl\s.

REID H. COFER, President.
Date of Charte1: 10-29-1919

REID H. COFER, Cashier.
Began Business: 12-1919

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in proctcss of collection

~

United States Government obliga-

tions. direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdntfts)

Bank premises owned, furniture and

fixture-s

Real estate owned other than bank

premises

Inve:-3tments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding .

Other a~sets

Total Assets _

---$

285,919.:36 23;),000.00
None None None 383,96G.10 6,145.08 None
None None 5,194.51 916,228.30

LIABILITIES

Demand deJ1osits .

........ ~;

Time der1osits ........ ......... ...........

Deposits of U. S. GoYernment

DPposits of States and political

subdiYisions

DcposiC-; of banks .

Other deposits (certified and offi-

cers' clwcks, l'tc. J

Bills payable - ------

Accc'ptances executed by or for

account of this bank and out-

standing

Other liahilitics

Capital

Surplus

Undivided profits._

Reserves

.:w 3.)6,2~7
_,_.'/")l )-..N:j~n61e
None None
6,761.8~
None
None
;],5:~8.07
275r,,,0o0o0o..o0o0
3,000.09 l;J,:3GD.49

Total Liabilities __ _

........ $ 916,228.35

STATEMENT

Showing condition at the close of business December 31, 19;)1, of

EXCHANGE BANK OF UNADILLA Unadilla, Ga.

As called for by the Superintendent of Banks.

E. H. CONNER, President.
Date of Charter: 4-19-1935

T. E. WOODRUFF, Cashier.
Began Business: 4-22-1935

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in 11roce~s of collection ...... $

United States Government obliga-

ticns, dtrec~t and guaranteed

Obligations of States and political

subdivisions

Other bonds. note'S, and debentures

Corporate stock:-> (including stock of

Federal Hc~erve Bank)

Loans and di;-;counts ( inc 1u ding

overdrafts) ........................................

Bank premises owned, furniture and

tixiurcs _ ..............................................

Real estate O\vned other than bank

premises

-

Invcstn1ents and oth<?r assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acccptanees outstanding ..

Oi.lH.'l' assets

Tota1 Assets

---- ---- ~

454,113.11 6G,OOO.OO None None None
-123,73:L37 2.G50.00 None
None None None 918,098.68

LIABILITIES

Demand deposits _

.......... $

Tir...w deposits

Deposits of U. S. Go\el'Ilment

Deposits of States and political

subdivisions

Deposits of banks

Other deposits (certified and offi-

C't'rs' checks, etc.)

Bills payable

Acceptances executed by or for

account of this bank and out-

standing

Oth(~r liaLilities .

Capital

Surplus

Undivided nrofits

Heservcs

722,-177.02 ~ 1.11R.78 n.-109.25
41,92S.f'O None
8.fi7l.fi7 None
None \lOO.oo 25,000.00 25,000.00 50,012.76 4,680.50

Totnl Liabilities

......... :> 818,098.68

DEPARTMENT OF BANKING

STATE:VIE:\"T

:showing; condition at the close of business December 31, 1951, of

BANK OF U~ION POINT Union Point, Ga.

As called for by the Superintendent of Banks.

RALPH L. RHODES, President.
Date of Charter: 5-15-1911

ALEX ROGEUS Cashier. '
Began Business: 5-1911

ASSETS

Ca:-;h. halances with other banks, in-

dueling- resetve Lalances, and cash

item~ in proc~ss of eolleetinn

.~

United ~tates Go\etnrnent obliga-

ti'mP., direct and g:uaranteed __ ... . Obli~alions of States and political

subdivision.-;

Othc:I' h.mds, notes, anri debentures

Corporflte stocks (including stock of

Federal l{.e;erve Bank)

Loans awl disc(lunts (including
O\'(:nln1f1:~'

Bank premises owned, furniture and

fl. x ti.n~~s

Real estate owned other than bank

l!l'emi,.;es

Invc~1ments and other a~sets inrli~

rcctly rcpresc>nting bank premh;es

or other real estate

Customers' liability to this bank on

ac..:ceptanccs outstanding

Other assets_

.):!:2.:2!)!).07 :20,000.00 F:i:O:,IS:).f).)
None None
:;~\0.7;-)l,;-;H
.) , 10 ~).I !I :J,.Oo
None None None

LIABILITIES

Demand dq1osils

Time <iLposits ... ......

..

D(']losit-; of U. S. (;overnment

Depm;it~ of States and political

~ubdivision:::; .

Depod1s of 1nmks

Other deposits (certified and uffi-

eurs' clH.>ck.-;, etc.)

Bills payable

Aeceptrmces executed by or for

ac>count of this bank and out-

standing

Other liabilities

Capital

Surplus

l Tnrlividt>(l 1wofits

Hcse\es

tir:().!i00.1D ~ti:2,0U5.4o
1 ,20ii.87
:~L:YftL9o "~0.'>0
Uil'l.OS None
None None
r~o.ooo.oo 50.1100.00
1.000.00 lll,:l\l'i .:3o

Tot~d Li:lhilities

Showing condition at the close of bwiness December :11, 1951, of THE F ARl\IERS BA::\K Union Point, Ga.

As called for by the Superintendent of Banks.

A. J. STEWART, Pn'sident.
Date of Chmter: 9-6-1911

A ..J. STEWART, Cashier.
Began Business: ~)-6-1911

ASSETS

Cash, balances 'vith other banks, in

eluding rPsene balnnces, nnd cash

item~ in process of co!kctinn

$

United States Government obliga.

ti.n-:s, di1eC'1 an(l gn:na::tt>cll

Obligation~ of States and political

!-.Ubdivi"ions

Othe1 bonds, notes. nnd (:Plwnturt-'S Conwrate ~tocks ( inclncling stock of

F('dcral Re::erve Bank)

Loans nnd discounts (including

I)VE'\"dr;_,_{t~)

-- -- -------

Bank premises owned, furniture and

fixtu:rc-s

R(al ('::;tate owned other than bank

llt'emises

Tnn. stments and other assets indi-

I'ect.ly representing bank premises

o: other real estate

Customers' liability to this bank on

acceptances outstanding _

Other a::;sets

Total As,.;eU;

lO,:ll 1.11 G,:Jnz.s::; None
~7\/,lTti.l~
1,415.51
None None HlAo

LIABILITIES Demand df'pcsitf5 Time depo~~its - ... Deposits (Jt' U. S. Go\'etIlrnent D(lH>dtc; of States and political
c:ubrlivisions ....
DE>posits of hankl'5
OthL'l" dcpm;its (certified and offi cct's' ch!C'eks, etc.) ...
Bills payable Acceptances executed by or for
ncc(Jl1nt of this bank ancl outstanding
Ot1H'r liahilitie.s Capital
Surnlus Pn(livided profits
Reserves

nl0,>'~o.4s
'i'XI,:l\-ifl.fl-1
:~:l,till.48
()ti,S-11.7,) None
.~ ..~:;S.83 None
None None 50,000.00 ~o.~~o.oo ._,S, j.,!LOS 2,000.00

Total I .iabilitics

1,640,991.26

THIRTY-SECOND ANNUAL REPORT

139

STATEMENT

Showing eondition at the close of business December 31, 1951, of

DARBY BANKING COI\IPANY Vidalia, Ga.

A~ called for by the Superintendent of Banks.

J. F. DARBY, SR., President.
Date of Charter: G-22-HJ34

0. C. EIDSO~, Cashier.
Began Bu,ines:;: 7-1-193-1

ASSETS

Cash. ba1ances with other banks, in-

cluding re;;erve balances. and ca!'h

items in lH'ocess of eollection

~

United States GoYernment obliga-

tions, direct ;1111l guaranteed

Obligations of StatCs and political

-:.uhdi d~:dons

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Heserve Bank)

Loans and discounts ( inc 1u ding

o\erdrafts

Bank premises O\VlH.'d, furniutre and

ti:dUlTS

Real estate o\VTIE'd other than bank

premises

In\C'stments and other assets indi-

rPetly rerneseniing bank premises

or nther real ('State

Customers' liability to this bank on

acceptances outstanding

0U1E'l' a~'6ets

Trtal Assets

.)20,791.~:1
.)05,70~. Hi 19,000.00 None None
:;;l8,:j2:2.j 1 /,;:_:;-)1,:.<,.\.1, None
None None
1.00 1 ,.Ul,li>.).~S

LIAI3ILITIES Demand deposits Time deposits
Deposits of U. S. Co\ernment Dcpo~its of States and political
suklivisions . Dt:'posits of l1anks
Othet deposits ( eertifled and officers' chtcks, etc. 1
Hills payable
Acceptances executed by or for
account of this bank and outstanding OHw1 liabilities Capital Surplus
endiYirlcd profits Hefwrve--;

898,29ii,.9H 175,0S6.;t7
1,774.85
106,7Hii.l 1
!l6,:~l7.1S
fl,'):_--1N()~~J~q
None
ll,:l~iiAR
iiO,OOO.OO 30,000.00 ;~.).1 !:HI.)9
None

Total LiahilitiPs

1,111,10!).28

STATEl\lE~T

Showing condition at the close of business December 31, 1951, of VIDALIA BA~IO~G COl\IPAXY Vidalia, Ga.

As called for by the Superintendent of Banks.

G. H. GIBSON, President.
Date of Charter: 10-22-1938

P. B. COLLINS, JR., Cashier.
Began Business: 10-28-1938

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in proces8 of collection

~

United States Govetnment nbliga-

tions, direct and guaranteed

Obligations of States and IJolitical

subdivisions

Other bond;-;, notes, and debentures

CorporatP ~;todcs (including stock of

Federal Re~crvc Bank)

Loans and discounts (inc 1u ding

overdrafts)

Bank prt>mises owned, furniture and

fLxtures .

.......

R(al t>state O\Yned other than bank

premises ........................ _______ . .

Investments and other assets indi-

rectly rep l'E~senting bank premises

or othE>r renl Pstate

Customers' liability to this bank on

acceptances outstanrling _

OthE'r assets .

l.0:39,9~,Lti8
402,000.00 None None None
.S/,),110.1~
12,80:;. flO None
None None 2,1S-t.7.S

Total Assets

LIABILITIES

Demand deposits

... S

Time deposits

Deposits of U. S. Government

Deposits of States anrl political

subdivisions

Deposits of banks

Other deposits (c.:rtif:cd and offi-

cers' checks, etc.)

Bills payable

Acceptances cxccutf'd by or for

aceount of this bank and out-

stnnding-

Otht>r liabilities

Capital

Sn1plus

Fndi\'i(h:'d

Hcserve"

1,762,2:)2.58
J:-~:~.i98.79
:ll,997 .44
200,:124.24 19,(16.).24
4,117 .GS None
None Non(' 50,000.00 40,000.00 None 60,168.94

Total Liabilities

... $ 2.~~2.304.78

140

DEPART:.\1ENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1951, of CITIZENS BA~K Vienna, Ga.
As called for by the Superintendent of Banks.

E. E. LEWIS, President.
Date of Charter: 6-24-Hl31

W. G. WILLIAMSON Cashier. '
Began Business: 7-l-19:H

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in proeeRs of collection

S

United States Government obliga-

tions, direct aml g:uaranteed

Obligations of States and political

:;;ubdivi~ions

Other bonds, notes, and {lcbentures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

ovenlrafb) ------------------- .... Bank premises owned, furniture and

fixtures ------------------------------------------- .... Real estate O'\Vned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other assets

136,000.00 None None None
8o1,0SO.o1 '1,463.26 None
None None None

Total Assets

........ $ 1,559,594.41

LIABILITIES Demand denosits Time depo~it.s ------------------ Depo~its of U. S. Government
Deposits of States and political subdivisions ..
Dlposits of banks
Other deposits (certified and officers' checks, etc. l
Bills payable.
Acceptance3 executed by or for account of this bank and outstanding
Other liabilities _
Capital Surplus VndividE"d profits Reserves

1,0 1lt,91-1A
so,<;ou.s
21 ,GS1.9
fi,511.74 None
None None 50,000.00 2~.0?~.0~
ti,,,s,~.).6:)
s.:J7:l.S3

Total Liabilities

.... $ 1,559,594.4-1

STATEMENT

Showing condition at the close of business December 31, 1951, of

BANK OF VILLA RICA Villa Rica, Ga.

As called for by the Superintendent of Banks.

H. G. CLIATT,
President.
Date of Charter: 5-4-1899

R. R. RICHARDSOJ\', Cashier.
Began Business: 5-1899

ASSETS

Cash, balances with other banks, in-

cluding re;crve balances, and cash

items in vrocess of collection -- $

United States Government obliga-

tions direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, notes, and debentures

Cmpornte stocks (including stock of

Federal Re~erve Bank)

Loans and discounts (including

overdrafts)

Bank pl<misf>s O\vned, furniture and

fixtnr<-'S

Real estate owned other than bank

prernhcs

_________ _

Investnwnts and oth('r assets indi-

rectly rcprcsenting bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding__

0 Lhcr assets

583,.\75.01 971,800.00
52,425.00 None None
2.00 None
None None None

Total Assets

1,972,21G.9S

LIABILITIES

P,~mand d11?sits

... $

J Ime devos1ts ------

Deposits of U. S. Government

DcpnsiU; of States and political

subdivisions ........

Devosits of banks ---

Other deposits (certified and offi-

ct>rs' checks. etc.)

Bills payable ..........................

Aeecptances exceutefl by or for

account of this bank and out-

standing

Othe1 liabilities

Capital

Snn)lus

UndividC'fl profits

Resencs

1,672,170.74
~o.OG1.94
10,51:L20
G8,912.29 5,620.06
707.50 None
None S19.00 50,000.00 50,000.00
?0,:~80.2fl
:15,000.00

Total Liabiliti<s .

. s 1.972,21,).98

THIRTY-SECOND Al\NUAL REPOHT

141

STATEI\IE~T

Showing condition at the close of business December 31, 1951, of

BANK OF WADLEY Wadley, Ga.

As called for by the Superintendent of Banks.

J. D. PEACOCK, President.
Date of Charter: 1-29-1902

W. C. CLARY, JR., Vice-President and Cashier.
Began Business: 1-HJ02

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... S
United Stah's (~on~rnment obligations, direct and guaranteed
Obligations of States and political subdivisions
Other bonds, notps ,anct delH?ntures Corporate stocks (including stock of
Federal Reserve Bank) Loans anrl discounts (inc Iu ding
overdrafts) ------ ___ ----------- Bank premises owned, furniture and
fixtures ----Real estate owned other than bank
premises --- ________________________ ---- --
InvcstmPnts and other assets indirectly representing bank premises or other real estate
Customers' liability to this bank on acceptances outstanding
Other assets ......
Total Assets .

28:),28~1..10
2J,il91.S2 None None
419,810.1<< 4,590.1:3 None
None None 1,898.76

LIABILITIES

DPmanrl df'posits

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

Tim.-: dPposits __ ____

------

Deposits of U. S. (;o\ernment

Dqwsits of States and political

snbdidsions

D('t)()sits of banhs

Other deposits (certified and offi-

cers' checks, etc.)

Bills payable

Acceptance.::; executed by or for

account of this bank and out-

f'!tanding-

Othe1 liabilities

Capital

Surplus

lJndividcd }Wofits

Re:-;erves

s:n,G20.':"7 214,(111.46
,;n,B5.74
100,79~.21
:)!), 711:'.~S
1,0!7 .93 None
None R,/02.92 25,000.00 25,000.00 12,7S2.07
None

Total Liabilities

. . $ 1.125,423.'10

STATElVIENT

Showing condition at the close of business December 31, 1951, of

CITIZENS STATE BANK warner Robins, Ga.

As called for by the Superintendent of Banks.

D. L. FOUNTAIN, President.
Date of Charter: 12-31-1950

H. LEE MILLER, Cashier.
Began Business: 1-2-1951

ASSETS

Cash, halance with other banks, in-

dulling reserve balancPR, and cash

items in l;l'OCE'SS of collection

S

United .States Government obliga-

ti_ms, direct and guaranteed

Obligations uf States and political

subdiYisions

Otlwr lioilll::, note-s, and dehcnturP:~-

Corporate stocks (including stock of

Federal Ht'sene Hank)

Loans and discounls t including

overclr::>fts)

Bank premises ownctl, furniture a:::Hl

fi'tul'es

Real estate owned other than bank

pnmi:3es

.... -

Investments and other as~.;ets indi-

rectly rE'l'1Tsenting bank premises

or oth~:r n a] e-state

Customers' liability to this bank on

a(_'cepU.:i1Ces outstanding

Ot 1l CT ::--L:;s~'L;

270,297.'12
275,074.~0 ~one
None None
None
None Xonf' 1 ,GlG.O l 87:3,,1GO.\-iD

LIABILITIES Demand deposits .................................. ;)

Time dP!lG.sits --- Deposits of U . .S. Gove-rnment
Deposits of States and volitical suhdidsions

Deposits of hanks --------- Other dl'\)osits (certiflt'd and offi-
cels' checks, etc.)
I::ills payable

Aceeptances cxet'nted hy or for acconnt of this hand nnd out-
~tandin~

Other liabilities ...

Capitn.l

S111'plus

..... .

Undi\i; 1ed tJrufits

1-{('SCl"VCS ..

19:2,8:?~.!12
69,5~ 1.98 ll,H0.78
J-;-\J,fi'iG.87 None
:3,fJ07.R5 None
X one H1,1 ~Fi.~O fiO.OOO.OO 00,000.00
C9fi.OH None

Tnta1 Liahiliti(s

R7;;, 1CO.G9

142

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31. 1951, of

CITIZENS BANK

\Varrenton, Ga.

As called for by the Superintendent of Banks.

DENHAM CASON, P1esident.
Date of Charter: 4-14-1902

F. L. SPARKS \'ice-President and Cashier. '
Began BusinPss: 4-1902

ASSETS Ca~h. balances with other banks, in
eluding reserve balances, and cash items in proce'-'s of collection .. $ United States Government obligations, L!in_ct and guaranteed Obligations of States and political sukli\isims Other bonds, notes, and dt->henturPs Corporate ~.tocks ( induding stock of l't'clenil Resene Hank) Loans and discounts (including o\'erdntfts 1 Bank premises owned, furniture and
fixtures Real estatt owned other than bank
premises Investments and other assets indi-
rectly reptesenting bank premises
or (Jther real estate cu~tomprs' liability to this bank on
acceptances outstanding
Other assets

fil8,:2i 1.10
fll,:~:~tJ .llO 11,>100.00
None
1~),:)91 ..)::: None
None None None

LIABILITIES

Demand d.t't)(lsits . Time depm;it~

...... $

Deposits of U. S. Government

Depo~its of States and political subdi\isions

Deposits of banks

Other deposits (certified and officeJ:::;' checks, etc-. f

Hills payable Ace(>ptancc..; executed by or for

actotmt of this bank and out-

standing

Othf'r iiabilities

Capital

Surnlus.

Unclivided p!ntlts

R{'SC'r\"CS

2, l00,76:L29 None
1~,492.~0
:2:HI,19R.29 None
:!,iin 1.01 None
None None 50,000.00 100.11011.00 14 ,!llLnn
1 ~,;')2G.79

Total Liabilities

STATE:HENT

Showing condition at the close of business December 31. 1951, of

FARMERS AND MERCHANTS BANK Washington, Ga.

As ealled for by the Superintendent of Banks.

H. G. GARRARD, SR., President.
Dale of Charter: 8-10-1949

MRS. CLIFFORD L. ARNOLD, Cashier.
Began Business: 3-14-1950

ASSETS Cash, balances \vith other banli:s, in-
(luding reserve balance:~, and cash itt'ms in process of collection __ ..... $ United State~ Government obligation:-;, d~rect and ~~uarantt:.'ed Obiig-a~ic;n_s of States and political
suhdlVISIOTIS -----
()ther bonds, notE:'s, antl dehentuns Corpo1ate stocks (including stock of
Fed end R~'sPrve Har: k l l,nans and dif:count, ! inc 1 u ding
overdrafts) Bank premist:.'S owned. furniture and
fi.:\.tures Real t.'statP owned other than bank
premises Inve-.;tments and other a~.~ets indi-
rectly representing bank premises or other real estate Customer's liability to this bank on acceptances out::->tanding Other a~sets
TDtal Assets

l.)t),Q:)t(,!l~
None None Noue
8.2~S.~:Z
Non('
NOilL'
None 4,60\.E
7fi2,6fil.!"l0

LIABILITIES

DPmHncl deposits

$

Time (h"Jlll3iis

Deposits of U .S. GovE'rnment

Deposit.; of States and political

subdivisions Depo:-;its of banks ..... .

Other dPnosits (cPdified and officers' checkR, etc. l

Hills payable ---Aece1lianccs exPcuted by or for
aet'ount of this bank and ottt:-;tanding

Other liahiliti{s Capital

Surphs

Undi\ided profits

lh'St'l'\"E'S

:J77,90:i,OO 101,0.)!1.!)6
10,76:2.00
l.l-1,0flfUi6 10,0:~7 .77
S,7l.'L70 None
Kant> 1 ::fi.O:l (),l.OOO.UO 1 :l.OOO.OO H.B10.:2S 6,fi00.00

Total Liabilitit>s

2$ 7F-:2,tl;)1.90

THIRTY-SECOND ANNUAL REPORT

143

STATEMENT

Showing condition at the close of business December 31, 1951, of THE WASHINGTON LOAN & BANKING CO. Washington, Ga.

As called for by the Superintendent of Banks.

F. W. THOl\lAS, President.
Date of Charter: 9-7-1891

HAL P. SHANK, Cashier.
Began Business: 5-1-1895

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection.. .. $ United States Government obligations, direct and guarant('ed
Oblig-ations of States and political subdivisions
Other bonds, notes. and debentur('s.. Corpmate stocks (including stock of
Federal Reserve Bank J Loans and discounts ( inc 1u ding
overdxafts) Bank premises owned, furniture and
fixtures Real estate owned other than bank
premises
In\estments and other assets indirectly represE"nting bank premises
or other 1eal estate_ Customers' liability to this bank on
acceptances outstanding Other as--ets ___

l,~Si"i,9~D.Li
1 ,1S:3,5:H.7:1
:Jll,i'57-L~-:\'i
None 5,2GO.OO f\~)().20:2. D(!
1.00 None
None None None

LIABILITIES

Dt>mand deposits

Timt depo~its ..

....... .

Dl'pn~its of U. S. Co\"ernmC'nt

Deposits of States and political

subdiYisions .....

Deposits of hanks

Other deposits (certified and offi.-

t~ers' chP(.'ks, ('t'-'.)

Bilb payabh

Aeceptanc('s executed by or for

account of this bank and out-

standing

Other liabilities

Capital

Surplus

Undivided profits

R('SerYes

29/',f;:n.n
~7 .~77 .:~;~
1 :),(109.02 None
None None 1 ()0,000.00 ltlO,OOO.OO 110,510.01 None

Total Lia bilitics

STATEMENT

Showing condition at the close of business December 31, 1951, of

COMMERCIAL BANK Waycross, Ga.

As called for by the Superintendent of Banks.

L. B. HARRELL, President.
Date of Charter: 10-15-1!"118

N. P. MILLER, Cashier.
Began Bu~iness: 10-:~0-1918

ASSETS Ca:;;h, balances with other banks, in-
cluding reserve balances, and cash items in }Jroccss of collection.. ~ United States Government obligations, direct and guaranteed
Oblig-ations of States and political subdivisions
Othe1' bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts ( inc 1u ding
overdrafts)
Bank pn'mises owned, furniture and fixtures
Real estate owned other than bank premises
Investments and other assets indi-
rectly representing bank premises or other real estate_ Customers' liability to this bank on acceptances outstanding .
Oth('r assets ...

1.650,247.17 3,124.100.00
108,7G7.50 None None
66R,718.~J8
32,000.00 None
None None None

Total Assets

.... $ 5,584,424.25

LIABILITIES Demand deposits Time cteposits Dt~Po8its of U. S. Governmf'nt
Obligations of States and political subdivisions
Deposits of banks Other deposits (certified and offi-
cel"s' checks, etc. ) Bills payable Acceptances executed by or for
account of this bank and out-
standing
Othe1 liabilities Capital Surplus Undivid('d profits
RPserYes

:{.~~2.1 <i'.ll
S~4.4-!3.18
19,n:l.IS
2Wi,78-1.03
62.~10.15
11,:ll9.76 None
None 1,fli2.00 50,000.00 150,000.00 40,1100.00 124,11'3.21

Total Liabilities

5,fiS4,424.25

144

DEPARTMENT OF BANKING

STATE:\! EXT Showing condition at the close of bubiness December 31, 1951, of
BA~K OF WAYNESBORO Waynesboro, Ga.

As called for by the Superintendent of Banks.

l\I. K. TUCKER, President.
Date of Charter: 12-16-1890

J. W. NICHOLS Cashier. '
Began Business: 1SG1

ASSETS

Cash, bahnecs \.vith otber banks, in-

chuling reserve balances, and cash

item::; in proce:-;s o! collecti(JD

~

Gnited States (~o\-ernment oblil..;a-

tions, (:irt>ct and guaranteed

Obligations of States and political

suLdivi:-;ions

Otbet bonds, notes, an(l dE>henture,.:.

Corporate stocks (including stock of

FcJeral Reserve Bank)

Loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtur('s

Real <'state owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other as:-;cts

l,:::r7,fl-;'.).17 :2tl9,1)7i'>.1 ~l 69,000.00 None None
1,60;),127 .:-ri
:)0,101..19 1,001.00
None None l,Z;-i2.no

Total Assets

.. $ :1,31:J,5G2.5:2

LIABILITIES Denwn(l cll'1l(Jsits Time de-11osits Dt'pnsits of l,'. S. Govetnment JJepn~its of State;:; and political
s~1bdiYisions
D('Jl(':.:::ils of hanks Othc1 lleposits (certified and offi-
c~n;' dwcl.::s, \..'lc.)
Bills payable ~\eceptances execute{l by or for
account of this bank and outstanding
Other liabilities Capital
~;urplus
UndivideJ IJrofits

1.7.)0,7:29.0.1 DG1 ..\~7.82
.S:~.7.JS.:?1
:2~l,(i(J I.R2 None
None None 75.000.00 1Oil, 1100.00 Gti,067 .Oo li,OIJO.OO

Total Liabilities

:~.:~13.Gti2.52

STATE~IENT

Showing condition at the close of business December 31, 19i'il, of

BAJ'jK OF BARROW

"'inder, Ga.

As called for by the Superintendent of Banks.

W. C. HARRIS, President.
Date of Charter: 3-12-1951

GEO. D. WALKER, Cashier.
Began Business: 3-17-1951

ASSETS Cash, ha~ance with other banks, in-
cluding reserve balances, and cash ih,ms in )ll'Ocess of collection .. $ United States Govetnmeni.. ohligations, direct and guarantC:'ed Obligations of States and political su bdi \i.sinns
Other bonds, notes, and dC'bentures .. Corporate stocks (inelwling stock of
Federal Reserve Bank) Loans and discounts (including
overdrafts)
Bank vremises owned, furniture and
fixtures ------ ------------ Real estate owned other than bank
premises Investments and other assets indi-
n,ctly representing bank pt'emises or other real t>State
Customer:::;' liability to this bank on acceptances outstanding
Other assets

419,b8:i.fi3 G'i8,2'i 3.81
Nonf'
4~,6~5.UII
None 213,593 ..16
10,792.SO None
1,92~.79
None 5,:318.01

Total Assets

.... $ 1,:309,418.20

LIABILITIES

Demand deposits

... $

Time deposits

nevo,.,its of U. S. Governm('nt

Deposits of States and political

subdivisions

})(posits of banks

Other dpposits (certified and offi-

cers' checks, etc.)

Hills 1lRYable

AccelJi<-lncf'S executed by or for

account of this banJ and out-

standing-

Othet Liabilities

Capital

Surplus

Undivided profits

H.eserve.s

9%,2R1.41 79,'i:H.l7 56,716.60
51.0,!7.59 None
21.1 !l0.43
None
None 6,S06.48 75,000.00 1S,OOO.OO 7,:191.52
None

Total LiabilitiPs

... $ 1,309,418.20

THIRTY-SECOND AKNUAL REPORT

145

STATE!\IENT

Showing condition at the close of business December :31, 1951, of

THE PEOPLES DAXK Winder, Ga.

As called for by the Superintendent of Banks.

C. 0. }1ADDOX, President.
Date of Charter: 10-29-19213

J. B. LANGFORD, Cashier.
Began Business: 10-30-1D26

ASSETS

Cash, balanr.cs with other banks, in~

eluding rt::>L'l've balances, and cash

iten;s in 1:tocE's:-; of C'ollection

:-,;

United St~u(~ Cnvernmrnt obli~~a-

tions. direc: and guarantc(d

Obligations of States and political ..;ubdhisilns

Other Londs, ndtt ::>, al!(l deberJtures Corp orale stocks (including stock of

Federal Rcs('rve Bank)

Loans and discounts (including rwerdrafts)

Bank pn__,mises o\vned, furniture and fixture&
RPa1 pstah"' O\vned qthcr than bank

prP.misl'R -- ---- ------------------IrHe;;;tments and othE'r assets il'l.di-
rectly representing bank ptemises

qr ot}l('t" real estate cu~tomers' liability to this bank on
acceptances ontstanding

Other assets

SS\1,"7:):-l.hl 1.12i,Sll.OII
11 ,0(10.111) :-\.JO.OO None
i'i6-l,lfl~.6~
16,000.00 ti,OOO.!JO
None None None

Total Assets .

.. $ 2,821,:31S.l~l

LL\D!LITIES Dt'm~wd dqJo:--,its
Tinw df'posits Deposits nf 1!. S. GoYel'TllnPni fh'JHsib or States and political
sulHlivi,;ions ncnn;its of b:tnk.-1 Othet depo~lts (certified and offi-
cers' eheck.,, etc. 1 Dills payable Aeeeptanccs execuh~(l by or or for
accnunt of this bank and outstanding OthPr liabilities Capital
Eurplu~
Undivided profits
Hl'CWl'VQS

Z.2~i2,916.8~l :20S,G~H.9:2
1o.~~;~fi. :-j7
1:?~. 7:iG..t8 None
;::.-1,fLiSA8 None
None 1:2,1:27.77 50,000.00 7G,OOO.OO 25,000.00 1B,9l8.58

Total Liahlliti(_'s

2,82J,ns.-19

STATEMENT Showing condition at the close of business December 31, 1951, of
CAMDEN COlJ~TY STATE BANK Wooclbine, Ga.

As called for by the Superintendent of Banks

,J. C. NEWTON, President.
Date of Charter: 6-24-1947

F. T. TILLER, Cashier.
Began Business: 1-2-1948

ASSETS C.a:o,h, ba1anee:>. with other banks, in-
{']uding reserve balances, and cash i terns in prucess of t:ollection__ ~ United States Government obligations, direct and J-!Uarantt>ed Obligations of .StatPs and puliticai
.;11hdi\i~ions
Othe1 bor1d.s, notes, and d(bemture;-; Corporate stocks (including stoek of
Federal Reserve Bank) Lo:tns and discounts ( inc I u (1 in g
OH'rdrafts 1 Bank premi3eS owned, furniture and
fixtures .. ___ .. --------- Real estate o\Vned othet than bank
plemises Irnestments and oth(r assets indi-
rectly representing bank premise:5 or other real ('State Custome1s' liability to this bank on acceptances oubitanding
Other assets

Total Assets

... $

:J."i0,7'ii'i.1S
~00,000.00
6,fi00.00 None
I 0,900.0u None
None None None 17 4,607.90

LIABILITIES Demand deposits Time dcpo:-:;its Depo~iL.,; of U. S. UoYerr.mpnt Deposits of States and political
subdivision~
Depn;->its of banks OthPJ' dPpnsits ( ce1tificd an<l offi-
cers' checks, etc.) Dills payable Aeceptancts cxecuteri by or fol'
account of this bank anrl outstanding
Oth<>r liabilities Capital Surplus Undivided
Rc~t'r\cs

~99,~"~21 -li),, .Sa.:)S
None
Bz.nn-L"n
None
901.76 Hone
~{one
None GO,OOO.OO 20,000.00
None 5, 15R.72

Total Liabilities

774,607.90

146

DEPARTMENT OF BANKING

STATEME~T

Showing condition at the close of business December 31, 1951, of

THE WOODBURY BANKI~G COMPA~Y Woodbury, Ga.

As called for by the Superintendent of Banks.

T. H. CARROLL, President.
Date of Charter: 10-20-1891

:\I. 0. CAMP~ELL, Cash1er.
Began Business: 9-2D-Hl02

ASSETS

Cash, balances with other banks, in-

cluding reservE balances, and cash

items in proce.;s Qf coll('ction.. $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

Other bonds, note:;, and rlebentnres

Corporate stocks (including stock of

FPderal Reserve Bank)

Loans anJ discounts (including

oYerdrafts J

Bank premises owned, furniture and

fixtures

Real estate owned other than bank

premises ..... ...

. ______ _

ln\estments and other assets indi~

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outl::>tanding _

Other assets

2G7 ,4:~6.4:2 371,500.00
None
Nl)n~
None
700.00 None
None None
1.00

LIABILITIES Demand deposits Time deposit~ .... Deposit~~ of C. S. G(wernment
Deposits of States and political subdivisions
Deposits of banks Othl.'r deposits ( cE'rtif1ed and offi-
t..ers' checks ,etc.)
Dills payable Acceptance.> executed by or for
acc~ount of this bank and outstanding Othtt liabilith.s
Capital
Sunllus Unllivided profits
Reserves

j'-1:2,(,:?.,;.:~ 8 :202.:~fl.lQ
~- \17:.:.9:3
:1 ;,1)\IU.f..')
Non;
~ -l.-), 'j 4 None
None 2,00().00 25,000.00 5U.OOO.Oo
.-.~1.:!~~-.(ll)
5.000.00

Total Assets

Total Liabilities

1,1~~-~~l~.~\:

ST A TEl\IENT

Showing- condition at the close of bw'iness December 31, 1951, of

THE WOODLAND BANK woodland, Ga.

As called for by the Superintendent of Banks.

J. H. WOODALL, President.
Date of Charter: 11-18-1907

W. C. WOODALL. Acting Cashier.
Began Business: 11-25- El07

ASSETS

Cash, balances with other banks, in-

cluding rcsene balances, and cash

itf'ms in process of collection...... $

United States Government obliga-

tions, direct and guaranteed

Obligations of States and political

subdivisions

"-

Other bonds, notes, and debentures

Corporate stocks (including stock of

Federal Reserve Bank)

__

Loans and discounts (including

overdrafts)

Bank premises owned, furniture and

fixtUl'('S

Real estate owned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other assets

Total Assets

...... $

166,606.17 166,697.75
None None None ;j/,627.2G 1.000.00 None
None None 8,57;1.00 875,506.17

LIABILITIES

Demand deposits

S

Time deposlts

Deposits of U .S. Government

Deposit> of States and political

subdi\j~.::ion:-; ...

Dt->posits of b3.nks

Other deposits ( ccl't_ified and offi-

cerc' checks, e.tc.)

Bills payable.

Acceptances executed by or for

account of this bank and out-

standing

Othee liabilities

Canital

Surplus

Undivided Jlrofits

Reserves

267.1:2~.!1~
10..! :;2. ~l:l
l:L::~:i4.h:J
:~~.(11)';' .09 None
;)!"J-:!.77 None
None :\,773.61 1 ;).(100.00 15,000.00 11.2n1s
None

Total Liahilitic~

THIRTY-SECOND Al'\NUAL REPORT

STATEME~T

Showing condition at the close of business December 31, 1951, of

BANK OF WOODSTOCK Woodstock, Ga.

As called for by the Superintendent of Banks.

J. E. JOHNSTON, President.
Date of Charter: 11-13-1905

S. L. JOHNSTON, JR., Cashier.
Began Business: 11-13-1905

ASSETS

Cash, balances with other banks, in~

eluding reserve balances. and cash

items in pruce~s of colledion.. . $

United States Government obliga

tions, direct and guaranteed

Obligations of States and political

subdidsions

.......... __ ....... .

Other bonds, notes, and debt>ntures

Corporate stocks (including stock of

Federal Reserve Bank)

Loans and discounts (including

overdrafts)

..... .

Bank premises owned, furniture and

fixtures

Real estah uwned other than bank

premises

Investments and other assets indi-

rectly representing bank premises

or other real estate

Customers' liability to this bank on

acceptances outstanding

Other assets

Tu1al :-\~sets

].'i,iJOlJ.U(I
Nnue None :2 t) ~~, i It; i!. i) li
~.00
1.00
Non10 NonP. 10,UOO.uu

LIABILITIES Demand JeJu:-;iis Tim~._~ deposits Deposits of U. S. Government
Deposits of States and political Sltbdivisions
Deposits of banks Other deposits (certified and offi~
cers' checks, etc.) . Bills payable
Acceptancf's t'XPC'Uted by or for account uf this bank and out~ standing
Otht.r liabiiitie" Capital
~urplus
Undivided rn-ofits
Hest~ rVt','5

.ti:iU,9:lO."j9 74,961.40 7,1J!lS.9U
~l,j' 1:{7 .::4 None
9.50 None
None l,t:i12.74 25,000.00 :i:),UOO.OO
U0.36
~une

Tutal Lb;t,~lities

7u~.'\tit.u:~

ST.ATEJ\IEKT

Showing- rondition at the close of business December :31, 1951, of

BANK OF WRIGHTSVILLE Wrightsville, Ga.

As called for by the Superintendent of Banks.

W. H. LOVETT, President.
Date of Charter: 2-16-1897

J. B. FULGHUM, Cashier.
Began Business: 2-16-1897

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection.. $ United States Government obliga4 tiom;, direct and guaranteed
Obligations of States and political subdivisions
Other bonds, notes, and debentures
Corpo1ate stocks (including stock of Federal Reserve Bank)_
Loans and discounts (inc I u ding oYerdrafts)
Bank premises owned, furniture and
fixtures - ..--- Real estate owned other than bank
premises
Investments and other assets indirectly representing bank premises or other real estate ___
Customers' liability to this bank on
acceptances outstanding. Other assets ________________ ---~-----

t:'il,UUO.UO
-) <)):N-;')~~'-{e0 None
None None None None

Total Assets .

1,912,fi17.17

LIABILITIES Demand deposits Time d~r><Jsits DPposits of U. S. Government Deposits of States and political
subdivisions Del--Josits of banks .................. . Other deposits (certified and offi~
cers' checks, (;'tc.) Bills payable Acceptances executec.l by or for
account of this bank and out~ standing
Other liabilities Capital Surplus Undivided profits
Reserves

l,:;'".K,Ii.i:L..J I 11 fi. 1:!0. ;~:~ .i,dUti.:2.i
];j;J,160.:J9 l ~o. tnS.Ot;
1J,I)S0.:2;"'j None
None None 25.000.00 ->U,OOIJ.UIJ
:;:{,U7HA~
27.500.00

Total Liabilities .

..... $ 1.912,517.17

DEPARTMENT OF BAl'iKING

STATEMENT Showing condition at the close of busine~s December 31, 1951, of

EXCHANGE BANK OF WHIGHTSVILLE Wrightsville, Ga.

As called for by the Superintendent of Banks.

W. R. JACKSON, President.
Date of Charter: 12-20-HlO'.i

R. E. FULJ!'ORD, Cash1er.
Began Business: 12-20-1909

ASSETS

ca~h. balance:> with other banks, in-

cluding resene balances, and cash

ite-m~ in Jnocess of l'Oliectlon

:'!

Unitt'd States Co,ernment obliga~

tions. direct and guaranteed

Obligations of States and political

su bd iYi-dons

Otlwt bonds. llntes. and debentures

Cnnwrat(~ stocks (including Htoek of

Ful(lal Ih,.;etn Bank)

Loan~ and di!:ieounts (including

O\crdrafb 1

Bank premises owned, furnitute anrl

1htun.s

Real estate ownC'd other than bank

prpmises

Investments and other assets indi~

rcctly representing bank premises

or other real estate...

Cu:.-tnmPrs' liability to this bank

on acceptances outstanding

Ot.h(r assets...

52,000.00 None None None
1.00 None
None None None
1,1 1;6,220.2~

LIABILITIES fhmn.nd riepn~it s
Tinw rlcposi1s Deposits of U. S. Government Dcpo~its of States and political
subdivisions Deposits of banks Other deposite~ ( certifi('d and offi-
eers" ch('cks. ct.<:. l Rills payable ...
Acceptances txceuterl by or fnr account of t~i~ b:-~n~\: ant! outstanding
Other liahilitiE>S Capital Stnplus Undivided pJnfits
Reserves

~n:l,7Gt.2 9 :2,000.00 None
71.19~.27
None
;;0,703.19 None
None 2,98<.:!6 35,000.00 :lii.OOO.OO 60.:!X6.12
None

Total Liahilit.ir;-;

STATEMENT

Showing condition at the close of business December 31, 1951, of

THE BANK OF ZEBliLO:\" Zebulon, Ga.

As called for by the Superintendent of Banks.

C. R. GWYN, President.
Da:e of Charter: 3-18-1905

G. M. LIFSEY, Cashier.
Began Business: 1-31-HJ05

ASSETS Cash, balances with othet banks, in-
cluding reserve balances. and cash items in process of collection__ ,1;
United States Government obligations. dire-ct and guarantPed
Obligations of Rtates and political suhdidsions
OthC>r bonds, notes. and dE-bentures Corporate stocks (including stock of
F('df'ral ResetYe Banks) Loans and discounts (including
O\"('rdrafts) B::mk premise~ owned, furniture and
fixturet'> ----- ...... ---------- ---- Real estate owned other than bank
premises -------------In vestments and other assets indi-
rPctly representing bank premises or other real estate__________
Cu!:'tomers liability to this bank on acceptances outstanding
Othtr ast:Pts

:521, trJD_:;,..;

1-1:),7\l:'. ~:\

~)-1
-

'

:'N,toR~o;)

NonP

2h~,f}:}:L 1f)

'.2, li)O.OO ~one

Non0
None
l,~ll~.-1.)

LIABILITIES Ilema nd depo~ith Time deposits Deposits of U. S. Govprnm('nt
Deposits of States and political subdivisions -- _
Deposits of banks Other deposits (certified and offi-
cPrs' checks. 0tc. l
Bills payable Acceptances executed by or for
account of this bank and out-
standing Other liabiliti(s
Capital
Surplus Undivided profits
Reserves

62G,OG8.49
211,554.4~
H28.1R
80,18.o.~7
None
147.2:? None
None
~.107.7R
25,000.00 25,000.00 52,267.47
None

Total Liabilities

l,On5,R44.21