Thirty-fifth annual report [1954]

Metadata
Text

Collection:: Georgia Government Publications
Serial:: Annual report / State of Georgia, Department of Banking and Finance.
Title:: Thirty-fifth annual report [1954]
Creator:: Georgia. Department of Banking
Contributor to Resource:: Georgia. Department of Banking
Publisher:: Atlanta, Ga. : Georgia. Department of Banking
Date of Original:: 1954
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
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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 1954
Metadata URL:: https://dlg.galileo.usg.edu/id:dlg_ggpd_y-ga-bb100-b-pa1-b1954
Digital Object URL:: https://dlg.galileo.usg.edu/do:dlg_ggpd_y-ga-bb100-b-pa1-b1954
Language:: eng
Holding Institution:: University of Georgia. Map and Government Information Library
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1lti~tt~-1itttt annual Repo~tt
ot tke
SUPERINTENDENT OF BANKS
1954
A. P. PERSONS Superintendent of Banks

STATE OF GEORGIA
CREATED BY ACT APPROVED AUGUST 16, 1919
YEAR ENDING DECEMBER 31, 1954
DEPARTMENT ESTABLISHED An Act to create the Department of Banking of the State of Georgia, to provide for the incorporation and regulation of Banks and penalties for violations of the Law, defining duties of the Superintendent of Banks, and for other purposes, was enacted by the Legislature in 1919, approved by the Governor August 16, 1919, and effective January 1, 1920. This Act has been amended from time to time, through the 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

THIRTY-FIFTH ANNUAL REPORT

III

DEPARTMENT OF BANKING STATE OF GEORGIA ATLANTA

To His Excellency, Honorable Marvin Griffin Governor of Georgia, Atlanta, Georgia.

January 15, 1955

As required in Sections 15 and 16 of Article 2 of the Banking Law, I have the honor to submit herewith, this, the 35th Annual Report of the Department of Banking for the year ending December 31, 1954.

This report consists of the following exhibits:
1. Exhibit '"A", Official Roster of the Department of Banking.
2. Exhibit '"B", a statement of the receipts and dis, bursements of the Department for the year 1954.
3. Exhibit ""C" through ""M", covering applications relative to charter amendments, charter renewals, etc.
4. Exhibit '"N", a list of branch banks now in opera, tion.
5. Exhibit '"0", a condensed statement showing the disposition of banks during the year 1954.
6. Exhibit ""P", a list of banks that are members of the Federal Reserve System.
7. Exhibit '"Q", a list of Small Loan Companies under
the supervision of the Superintendent of Banks during the year 1954, and Exhibit ""R", a list of Credit Unions as of December 31, 1954.

IV

DEPARTMENT OF BANKING

8. Exhibit '"S", abstract of reports showing condition of 300 banks and 16 branches as of December 31, 1954, with a comparative statement of 299 banks and 16 branches as of December 31, 1953.
9. Exhibit ""T", Classification of banks by Capitaliza~ tion as of December 31, 1954.
10. Exhibit '"U", Banks in Voluntary Liquidation.
11. Exhibit ""V", Legal Holidays.
12. Exhibit ""W", Superintendents of Banks Depart~ ment of Banking, State of Georgia, from 1919 to date.
In addition to the information as reflected in the ex~ hibits referred to above, the report contains the detailed published statement of each bank as of December 31, 1954. This statement gives an itemized report of the assets and liabilities of the bank, the date the bank was chartered, the date it began business, and the name of the President and Cashier.
Respectfully submitted,
A. P. PERSONS, Superintendent of Banks

THIRTY-FIFTH ANNUAL REPORT

v
Exhibit "A"

DECEMBER 31, 1954
A. P. PERSONS, Superintendent of Banks W. M. JACKSON, Assistant Superintendent of Banks

EXAMINERS

Name and Address

Salary

Archer, Grady C., Atlanta, Ga.......................................................................................................$420.00 Arnold, Frank M., Washington, Ga........................................................................................... 340.00 Aycock, M. T., Decatur, Ga................................................................................................................ 340.00 Brooks, B. T., Decatur, Ga................................................................................................................ 420.00 Brown, J. B., Vidalia, Ga.................................................................................................................. 420.00 Brown, James H., Buchanan, Ga........................................................................................... 340.00 Crawford, Thomas I., Roswell, Ga........................................................................................... 340.00 Kirk, James F. Sr., Roswell, Ga........................................................................................... 340.00 Moore, John L. Jr., Thomasville, Ga.................................................................................. 420.00 Stearns, Richard, Atlanta, Ga. ................................................................................................ 420.00 Willis, Wm. L., Dublin, Ga............................................................................................................ 340.00

CREDIT UNIONS Grovensteen, Geo. W., Atlanta, Ga. ................................................................................$340.00

OFFICE ASSISTANTS
Blanton, Mrs. D. L., Principal Stenographer ...............................................................$290.00 Ethridge, Jean, Intermediate Typist ................................................................................. 215.00 Hughes, Mattie, Intermediate Typist ................................................................................. 215.00 Jones, Mrs. Evelyn, Principal Accounting Clerk ................................................ 290.00

Arnold, Looney, Porter ...........................................................................................................................$133.00

VI

DEPARTMENT. OF BANKING

Exhibit "B"

Department of Banking, State of Georgia

RECEIPTS AND DISBURSEMENTS 1954
RECEIPTS Balance January 1, 1954 ...............................................$ 2,414.41 Received from Appropriation ....................................... 124,872.17 Miscellaneous Income ......................................................... 140.05

$ 127,426.63

DISBURSEMENTS Superintendent's Salary ......................................................$ 7,500.00 Assistant Superintendent's Salary ..................... 6,168.00 Examiner's Salaries ............................................................... 54,881.76 Office Assistants' Salaries ................................................ 13,726.00 Traveling Expenses.................................................................. 27,807.77 Supplies and Material ......................................................... 960.18 Communication ........................................................................... 2,444.14 Printing and Publicity ......................................................... 5,112.44 Repairs and Alterations ................................................... 200.20 Insurance and Bonding ...................................................... 399.37 Equipment ....................................................................................... 1,236.30 Pensions ............................................................................................. 4,692.84 Miscellaneous .............................................................................. 544.73
$125,673.73
Balance December 31, 1954 ..................................................................$ 1,752.90

THIRTY-FIFTH ANNUAL REPORT

VII

APPROVAL OF RENEWAL OF CHARTER

Exhibit "C"

NAME OF BANK

LOCATION

The United Banking Company ........ Nashville.............. Bank of Fort Valley ................................... Fort Valley....... The Commercial Bank ............................. Crawford..............

DATE OF CHARTER
7-10-1924 10-11-1924 9- 2-1924

APPROVED
6-14-1954 8-17-1954 8-31-1954

Exhibit "D" APPROVAL OF REVIVAL AND RENEWAL OF CHARTER

. Citizens :~r: ~-~- -~ = - 1Co~=:~:~.::........l DAT;_;:_~:;:TER

APPROVED 8-24-1954

APPLICATION FOR CHARTER DISAPPROVED

Exhibit "E"

NAME OF BANK

LOCATION

The Citizens & Southern Smyrna Bank .......................................................................... Smyrna .....................................
The North DeKalb Bank ............................................... DeKalb County .................

DISAPPROVED
7-15-1954 9-27-1954

Exhibit "F" APPROVAL OF APPLICATION TO CHANGE NAME

NAME OF BANK

LOCATION

To BE KNOWN As LOCATION

Industrial Savings &

Industrial Savings

Loan Company ........ Savannah ........... Bank of Savannah.. Savannah ..........

The Citizens &

The Citizens &

- Southern Bank Avondale
of DeKalb ........................ , Estates ...........

Southern DeKalb Avondale
Bank ...... .......................... Estates ..........

APPROVED 5-19-1954 7- 1-1954

Exhibit "G" APPROVAL OF APPLICATION FOR TRUST POWERS

NAME OF BANK
Granite City Bank ................................................................. Bank of Waynesboro ........................................................

LOCATION

DATE OF APPROVAL

Elberton .......................... Waynesboro ..............

3-15-1954 8-10-1954

Exhibit "H" APPROVAL OF AMENDMENT TO RENEW TRUST POWERS

Co~u::::~ I--AP-2--2-P~-;-:-::--- NAME OF BANK

I

Trust Company of Columbus ...................................

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

Exhibit "I" APPLICATION TO REDUCE PAR VALUE OF STOCK

NAME OF BANK

LOCATION

PAR VALUE OF STOCK

The Citizens Bank of

Avondale

DeKalb .................................................. Estates ...........

Union County Bank ....................... Blairsville ........

$100.00 100.00

REDUCED To $10.00 10.00

APPROVED
5-31-1954 10- 1 1954

VIII

DEPARTMENT OF BANKING

Exhibit "J" APPLICATIONS TO INCREASE CAPITAL STOCK APPROVED

NAME OF BANK

LOCATION APPROVAL

Bank of Waynesboro ......................... Waynesboro ..
The Citizens Bank of Swainsboro .............................................. Swainsboro .....
Bank of Dahlonega ............................... Dahlonega ....... The Bank of Ellijay ......................... Ellijay ................ Citizens Bank ........................................... Warrenton ....... Cohutta Banking Company .......... Chatsworth .... Citizens Trust Company .............. Atlanta ................ Farmers & Merchants Bank ....... Dublin ................. Union County Bank ............................ Blairsville ....... The Peoples Bank .................................. Cleveland ........ Bank of Smyrna ..................................... Smyrna ............. South Side Atlanta Bank ...........- .. Atlanta .................

1-26-1954
2- 1-1954 2- 2-1954 3- 9-1954 5- 3-1954 5-10-1954 5-19-1954 7-15-1954 10- 1-1954 12-16-1954 12-30-1954 12-30-1954

AMOUNT OF INCREASE $ 75,000.00 to $100,000.00

50,000.00 to 25,000.00 to
25,000.00 to 50,000.00 to 25,000.00 to 200,000.00 to 50,000.00 to 25,000.00 to 35,000.00 to 55,000.00 to 100,000.00 to

100,000.00 50,000.00 50,000.00
100,000.00 50,000.00 300,000.00 100,000.00 50,000.00 70,000.00 100,000.00 200,000.00

. . . . . . . . PERMIT TO BEGIN BUSINESS

Exhibit "K"

:~ ~~=~ Wayne State :::E... ....

I Je~:c~~~.~.: l ................... BEG:~2~~::NEss

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

Exhibit "L" APPROVAL OF CONVERSION INTO A STATE BANKING INSTITUTION

NAME OF BANK

I LOCATION

DATE OF CONVERSION

Trust Company of Columbus ...................................~---C-o_l_u_m_b_u_s_

3-19-1954

Industrial Savings & Loan Co. ................................ Savannah

5-19-1954

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

:~:~ :~ ~~=~. . . . . . . . / Exhibit "M" PERMIT TO ENTER VOLUNTARY LIQUIDATION

Bank of Ila ..

... ...

LOCATION

I

APPROVAL

Ila ....................................~-----8---9--1-9-54_____

-1

THIRTY-FIFTH ANNUAL REPORT

IX

BRANCH BANKS AS OF DECEMBER 31, 1954

Exhibit "N"

NAME OF BRANCH

LOCATION

NAME OF PARENT

LOCATION

The Bank of Georgia

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

The Bank of Georgia West End

936 Gordon Street, S.W................... Atlanta........... The Bank of Georgia ...................... Atlanta...........

The Citizens & Southern Bank

of Atlanta,

The Citizens & Southern

790 Marietta St., N.W...................... Atlanta........... Bank of Atlanta .................................. Atlanta...........

The Citizens & Southern Bank

of Atlanta,

The Citizens & Southern

140 Peachtree St., N.W................ Atlanta........... Bank of Atlanta .................................. Atlanta...........

Trust Company of Georgia

West Peachtree & Third St.......... Atlanta........... Trust Company of Georgia ....... Atlanta...........

Georgia Railroad Bank &

Trust Co.,

Georgia Railroad Bank &

1111 Broad Street .............................. Augusta......... Trust Co.................................................... Augusta.........

Georgia Railroad Bank & Trust

Co., Gwinnett St., Branch

Georgia Railroad Bank &

Gwinnett & Eleventh Street...... Augusta......... Trust Co..................................................... Augusta.........

Columbus Bank & Trust Co.

14th Street ................................................... Columbus.... Columbus Bank & Trust Co..... Columbus.....

Columbus Bank & Trust Co.

North Highland ....................................... Columbus.... Columbus Bank & Trust Co..... Columbus.....

Columbus Bank & Trust Co.

lOth Street ................................................... Columbus.... Columbus Bank & Trust Co..... Columbus.....

Columbus Bank & Trust Co.

13th Avenue & Warren

Williams Road ....................................... Columbus..... Columbus Bank & Trust Co..... Columbus.....

Cornelia Bank ............................................. Demorest..... Cornelia Bank ........................................ Cornelia.........

Citizens Bank ................................................ Nahunta........ Citizens Bank ........................................ Folkston........

Savannah Bank & Trust Co.

Midtown Branch, 1120 Bull St. Savannah.... Savannah Bank & Trust Co..... Savannah.....

Savannah Bank & Trust Co.

West Broad Street Branch

320 West Broad Street .................. Savannah.... Savannah Bank & Trust Co..... Savannah.....

Savannah Bank & Trust Co.

Skidway Road and

Victory Drive .......................................... Savannah..... Savannah Bank & Trust Co..... Savannah.....

l

X

DEPARTMENT OF BANKING

Exhibit "0" DISPOSITION OF BANKS IN GEORGIA DURING 1954

Banks in Operation January 1, 1954 ......................................................... Banks in Operation December 31, 1954 ...................................................
Increase during Year ..........................................................................................2 Decrease during Year ....................................................................................1

Banks
299 300

Branches
16 16

Net Increase ......................................................................................................1 New Banks .....................................................................................................................2
Wayne State Bank, Jesup ............................................................... Industrial Savings Bank of Savannah,
Savannah ................................................................................................ Voluntary Liquidation
Bank of Ila, Ila ..........................................................................................!

Exhibit "P"
STATE BANK MEMBERS OF FEDERAL RESERVE SYSTEM
Bank of Adairsville ................................................................................................................................................Adairsville Citizens Trust Company .................................................................................................................................Atlanta Trust Company of Georgia ...........................................................................................................................Atlanta Georgia Railroad Bank & Trust Company ...............................................................................Augusta Citizens Bank & Trust Company .........................................................................................................Bainbridge Blackshear Bank ..............................................................................................,.....................................................Blackshear Columbus Bank & Trust Company ...................................................................................................Columbus
Citizens Bank ---.............................,.................................................................Colquitt Northeastern Banking Company ............................................................................................................Commerce Brand Banking Company .................................................................................................................................Lawrenceville
Farmers Bank ---------------Monroe Savannah Bank & Trust Company ......................................................................................................Savannah Washington Loan & Banking Company .......................................................................................Washington

SMALL LOAN COMPANIES

NAME oF CoMPANY

LocATION

Exhibit "Q"
ILICENSE IssuED

Master Loan Service, Inc............................................................. Atlanta ........................ Jan. 1, 1954 Austell Loan & Insurance Agency, Inc. ...................... Austell........................... Feb. 10, 1954 Homarth Finance & Investment Corp. ......................... Thomaston ............... June 1, 1954 Beneficial Finance Company of Atlanta...................... Atlanta ........................ May 27, 1954 Ideal Loan Company, Inc. ....................................................... Columbus .................. Aug. 13, 1954
--~------------~------------

THIRTY-FIFTH ANNUAL REPORT

XI

Exhibit "R"
CREDIT UNIONS AND LOCATIONS
UNDER SUPERVISION OF STATE BANKING DEPARTMENT
ALBANY
Albany Depot of Supplies Credit Union, 115 West Road Albany Federal Employee's Credit Union, Broad at Jefferson St., P. 0. Box 93 Carlton Credit Union, c/o The Carlton Company, P. 0. Box 173 Colonial Dairies Employee's Credit Union, 815 Oglethorpe Ave., P. 0. Box 1350 Georgia Electric Credit Union, 1500 Gillionville Road Herald Employee's Credit Union, 138 Pine Ave., c/o Albany Herald Karagheusian Employee's Credit Union, Gulistan Drive Keenan Employee's Credit Union, 112 North Front St. Modern Coach Employee's Credit Union, 308 Oglethorpe Ave.
ATHENS Athens Division Credit Union, c/o Georgia Power Co., Hancock & College Ave.
ATLANTA
American Art Metals Credit Union, 433 Bishop St., N.E. A. D. Co. Employee's Credit Union, 777 Memorial Drive, S.E. A. M. A. Credit Union, 770 Spring St., N.W. Apaco Credit Union, 955 West Marietta St. Armour Atlanta Credit Union, 14 Brady Ave., N.W. Arrow Credit Union, 2202 Murphy Ave., S.W. Associated Grocers Credit Union, 638 Lee St., S.W. Atlanta Armour Fertilizer Wks. Credit Union, 350 Hurt Bldg. Atlanta City Employee's Credit Union, 702 City Hall Atlanta Cooperative Credit Union, 529 Peachtree St., N.E. Atlanta Greyhound Terminal Employee's Credit Union, 81 Cain St., N.W. Atlanta Joint Terminal Employee's Credit Union, 106 Carroll St., N.E. Atlanta Postal Credit Union, 102-M Federal Annex Bldg. Atlanta Railway Postal Clerks Credit Union, 420 Federal Annex Bldg. Atlanta Teachers Association Credit Union, 498 8th St., N.E. Atlanta Terminal Employee's Credit Union, Terminal Station Atlantic Steel Credit Union, P. 0. Box 1714 Ben Franklin Credit Union, 1600 Healey Bldg. Calvert Iron Works Credit Union, 1195 Victory Drive, S.W. Circle "W" Credit Union, 1299 Northside Drive, N.E. Cullom & Ghertner Co. Credit Union, 700 Lake Ave., N.E. Delta Employee's Credit Union, Municipal Airport Dupont Atlanta Employee's Credit Union, 619 Peachtree St., N.E. Employers Group Credit Union, 601 Grant Bldg. Employment Service Credit Union, 79 Marietta St., N.W. Essen Credit Union, 1197 Peachtree St., N.E. Federal Employee's Credit Union, 6th Floor Old Post Office Bldg. F. D. & L. Employee's Credit Union, 1090 Capitol Ave., S.E. Fulton County Employee's Credit Union, 712 Court House Fulton Teachers Credit Union, 500 County Administration Bldg. General Shoe Company Credit Union, 1251 Caroline St., N.E. Genuine Parts Credit Union, 475 West Peachtree St., N.E. Georgia E.S.A. Credit Union, 6th Fl. State Office Bldg. Georgia Health Department Credit Union, 319 State Office Bldg. Georgia League Credit Union, 5th Fl. Forsyth Bldg. Georgia Standard Oil Employee's Credit Union, 50 Whitehall St. Georgia State Dep't of Education Credit Union, State Office Bldg. Georgia State Highway Dep't Employee's Credit Union, 2 Capitol Square Georgia Telco Credit Union, 440 Hurt Bldg. Georgia W. P. General Office Credit Union, 4 Hunter St., S.E. Gesco Credit Union, 172 Haynes St., S.W. Hospital Authority Employee's Credit Union, 36 Butler St., S.E. Int. Brotherhood of Elect. Wkrs. Credit Union, 345 Washington St., S.W. J. M. High Employee's Credit Union, 96 Whitehall St., S.W. Journal-Constitution Employee's Credit Union, 10 Forsyth St., N.W. Lay Employee's Sav. & Loan Credit Union, 173 Boulevard, N.E. Merchants Mutual Credit Cor'p Credit Union, 9th Fl. First Nat'l Bank Bldg.

XII

DEPARTMENT OF BANKING

Metro Credit Union, 198 Luckie St., N.W. Mutual Savings Credit Union, 243 Peachtree St., N.E. Orange Disc Credit Union, 131 Ponce DeLeon Ave., N.E. R. E. A. Employee's Credit Union, 325 Mitchell St., S.W. Regenstein's Employee's Credit Union, 80 Whitehall St. Rich's Employee's Credit Union, c/o Rich's Inc. Ruralist Press Credit Union, 713 Glenn St., S.W. Russell Company Credit Union, 117 Central Ave., S.W. Seaboard Employee's Credit Union, 990 Chattahoo.chee Ave., N. W. Sexton Atlanta Employee's Credit Union, 715 West Whitehall Street, S.W. S. M. C. R. C. Credit Union, 873 Spring St., N.W. Southern Dairies Employee's Credit Union, 593 Glen-Iris Drive, N.E. Southern Freight Traffic Bureau Credit Union, 11th Fl. 101 Marietta St. Bldg. State Revenue Dep't Credit Union, State Office Bldg, Stein Printing Company Credit Union, 175 Luckie St., N.W. Swift Atlanta Employee's Credit Union, 93 Peachtree Way, N.E. Tesco Credit Union, P. 0., Box 173, Station C. The Thrift Credit Union, 125 Spring St., S.W. University Center Credit Union, 24 Ivy St. Vermiculite Credit Union, Zonolite Place, N.E., P. 0. Box 3281, Sta. F.
AUGUSTA A. B. C. Credit Union, 930 8th St. Augusta Fire Dep't Credit Union, Central Ave. & Troupe St. Augusta Police Credit Union, Police Headquarters Georgia Railroad Employee's Credit Union, 615 8th St. King Mill Credit Union, c/o King Mill Richmond County Health Dep't Credit Union, 501 Greene St.
BROOKHAVEN C. M.A. Credit Union, P. 0. Box 81
BRUNSWICK Glenn County Federal Employee's Credit Union, Federal Bldg.
CEDARTOWN Cedartown Textiles Inc. Employee's Credit Union, Cedartown
COLUMBUS Columbus Coca Cola Employee's Credit Union, 305 17th St. Muscogee County Health Dep't Credit Union, P. 0. Box 229 Talbotton Rd. & 8th St. Postal Employee's Credit Union, c/o Post Office Seaboard Columbus Employee's Credit Union, Front Ave. & lOth St.
CORDELE Harris F. & M. Employee's Credit Union, c/o Harris Foundry & Machinery Co.
DALTON N. G. E. M. C. Credit Union, 301 Selvidge St. P. & C. Credit Union, 601 McCamy St. W. E. Strain Employee's Credit Union, 338 North Hamilton St., P. 0. Box 185 Whitfield County Postal Employee's Credit Union, c/o Post Office
DECATUR Decatur Postal Employee's Credit Union, c/o Post Office Kraft Employee's of Atlanta Credit Union, 1205 DeKalb Industrial Way The Wood Company Credit Union, 647 East College Ave.
DRY BRANCH Georgia Kaolin Employee's Credit Union, Dry Branch
DUBLIN Dublin Federal Employee's Credit Union, Federal Bldg.
EAST POINT Colonial Stores Employee's Credit Union, 2251 North Sylvan Road Lamplan Credit Union, 1377 Oakleigh Drive Municipal Employee's Credit Union, c/o 113 West Cleveland Ave. Tri-City Postal Credit Union, c/o Post Office 301 South Main St.
FORT McPHERSON Fort McPherson Credit Union, Building T 1109
JACKSON C. G. E. M. C. Credit Union, North Mulberry St.

THIRTY-FIFTH ANNUAL REPORT

XIII

MACON Burke Credit Union, 626 Mulberry St. City Employee's Credit Union, City Hall, 718 Poplar St. Davison's of Macon Credit Union, 433 Cherry St. D. D. D. Credit Union, 4570 Pio Nono Ave. Federal Employee's Credit Union, Post Office Bldg. Hapgrade Credit Union, Pine & Broadway Lepco Credit Union, 245 Second St. Macon Fireman's Credit Union, Fire Department Hdqtrs. Macon Kraft Employee's Credit Union, Mead Road Macon Police Credit Union, City Hall Macon Textiles Credit Union, 3879 Lake St. Macon Waterworks Credit Union, 3rd & Hemlock St. (Maintenance Bldg.) McAfee Employee's Credit Union, c/o McAfee Candy Co., Waterville Road M. D. & S. Employee's Credit Union, 1115 Boulevard Ave. P. & G. Macon Employee's Credit Union, 1265 6th St. Trice Oil Employee's Credit Union, 1167 6th St.
MILLEDGEVILLE
Milledgeville State Hospital Credit Union, State Hospital, Milledgeville MOULTRIE
Employee's Swift & Co. Credit Union, c/o Swift & Co. PLAINS
Sumter County Teachers Credit Union, Plains
ROME Battey State Hospital Credit Union, c/o Battey State Hospital Floyd County Postal Employee's Credit Union, Post Office Bldg,
SAVANNAH Blue Flame Credit Union, 114 Barnard St. Central Employee's Credit Union, 227 West Broad St. City Employee's of Savannah Credit Union, City Lot. Gwinnett St. & Stiles Ave. G. P. A. Credit Union, c/o Georgia Ports Authority, P. 0. Box 1039 Merchants Credit Union, 402 Liberty Bank Bldg. Savannah & Atlanta Rwy. Employee's Credit Union, Louisville Road & Stiles Ave., P. 0. Box 1491 Savannah Elec. & Power Employee's Credit Union, 27 West Bay St. Savannah Federal Employee's Credit Union, Castle Building 200 E. St. Julian St. Savannah Postal Credit Union, Room 233 Post Office Bldg. Seaboard Employee's Credit Union, Room 104 Union Station, West Broad St. Transit Credit Union, 900 East Gwinnett St. Workmans Circle Credit Union, 238 West Broad St.
TIFTON Armour Tifton Employee's Credit Union, c/o Armour & Co.
VALDOSTA National Container Cor'p Credit Union, c/o National Container Cor'p. Postal Employee's Credit Union, Post Office Bldg.
INACTIVE CREDIT UNIONS Carling Tile Employee's Credit Union, 175 Lower Poplar St., Macon, Ga. Carroll County Teachers Credit Union, Court House, Carrollton, Ga. Dixie Pottery Emp'l Credit Union, 1800 Murphy Ave., S.W., Atlanta, Ga. D. P. S. Credit Union, 959 Confederate Ave., Atlanta, Ga. Hodges Albany Hardware Co. Credit Union, Albany, Ga. J. P. Hunter Co. Credit Union, 37 Forsyth St., Atlanta, Ga. Macon R. E. A. Credit Union, c/o Railway Express Agcy., Macon. Ga. Wofford Credit Union, 140 Spring St., Atlanta, Ga.
CREDIT UNIONS IN VOLUNTARY LIQUIDATION Chatham County Teachers Ass'n Credit Union, c/o Savannah High School,
Savannah, Ga. C. W. Farmer Employee's Credit Union, 521 5th St., Macon, Ga. Gordon Foods Employee's Credit Union, 1075 Sylvan Road, Atlanta, Ga.
CREDIT UNIONS IN INVOLUNTARY LIQUIDATION Canco 51-A Credit Union, 410 Marietta Street, Atlanta, Ga. Constitution Employee's Credit Union, 10 Forsyth St., Atlanta, Ga.
Federal Employee's Credit Union, Post Office, Augusta, Ga. Southern Spring Bed Emp'l Credit Union, 290 Hunter St., Atlanta, Ga.

XIV

DEPARTMENT OF BANKING

Exhibit "S"

ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS OF GEORGIA AS OF DECEMBER 31, 1954

(With Comparative Statement as of Decembe1 31, 1953)

ASSETS

Dec. 31, 1954 300 Banks
16 Branches

Dec. 31, 1953 299 Banks 16 Branches

Increase Decrease-

Cash, balances with other banks,

cash items in process of collection......$ 267,429,539.80 $ 250,253,138.30 $17,176,401.50

U. S. Gov't. Obligations, direct and

guaranteed .................................................................. 330,747,043.66 321,348,163.04

9,398,880.62

Obli~a~i~ms of States and political

subdlVlSIOnS ............................................................... 40,993,191.28

39,151,795.65

1,841,395.63

Other Bonds, notes & debentures...... 5,495,513.92

5,039,256.45

456,257.47

Corporate stocks, including stock of

Fed. Res. Bank ...................................................... 1,270,705.83

1,209,977.85

60,727.98

Loans & discounts, including over-

drafts ................................................................................. 414,884,678.25 390,723,183.49 24,161,494.76

Bank premises owned and furniture

and fixtures ............................................................... 10,421,668.82

9,966,179.31

455,489.51

Real estate owned other than bank

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

647,167.12

489,081.69

158,085.43

Investments & other assets indirectly

representing bank premises or other

real estate .....................................................................

110,442.69

133,154.25

22,711.56-

Customers' liability to this bank on

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

440,000.00

72,617.26

367,382.74

Other assets ...............................................................:;:-:-=3~,3""2;;-;4f;,9""'0;-;::3-9;."'6--:~~2f;,2~5~7c.;,1~2~2.~8~7---==.;.1~0~6~7,~7;;81;:;;09;--

TOTAL ASSETS ....................................::$:::1'=07=5='=,7=6=4='=,8=5=5.=3=3=='=$=1,'=0=20::::'=64=3='=,6=7=0=.1=6=='$=5=5,'=12=1=,=18~50:::.1~7=

LIABILITIES

Demand deposits ...................................................$ 567,516,843.95 $ 557,406,284.93 $10,110,559.02

Time deposits ......................................................... 232,666,267.00 210,193,897.44 22,472,369.56

Deposits of U. S. Gov't............................... 24,215,004.16

20,572,913.27

3,642,090.89

:qe:p~sits of States and political sub-

diVISions ........................................................................... 91,456,001.17

86,232,403.14

5,223,598.03

Deposits of banks ................................................ 49,683,108.22

43,853,64 7.22

5,829,461.00

Other deposits (certified and of-

ficer's checks, etc.) .............................................:;:--=7~,-,28~9~,::::,57~4~;:.;23;o--:;:-""""~7~~,.5;.:2.:2,;,:2..9.;9:..-5--.4,=-:-::,..:2;:3:;2:.'.,,7~2:.:;5.:.:.3:.;1_

TOTAL DEPOSITS ...........................=$=97=2='=,8=2=6='=,7=9=$8.=9732=5=,'7=8==1=,4=4='5=.=5=4'===$=4='7''=04=5=,3~5~3=.1~9=

Bills payable, rediscounts & other

liabilities for borrowed money ............

466,284.81

108,599.72

357,685.09

Acceptances executed by or for ac-

count of this bank and outstanding...

440,000.00

72,617.26

367,382.74

Other liabiliti TOTAL

es ...................................................... LIABILITIES (not in-_

_14_,:_0_0__5:.,_3_73_ .89_

_

_12.:,..3._8....0..:,..5.._ 80._ 87

_

_-1',-6-2-'4-,"7-9:.3_.:0_2:_-

,cluding capital accounts) ..............................$ 987,738,457.43 $ 938,343,243.39 $49,395,214.04

CAPITAL ACCOUNTS

Capital debentures .............................................

32,500.00

32,500.00

Capital .............................................................................. 25,937,500.00

25,262,500.00

675,000.00

Surplus ........................................................................... 32,992,819.80

31,434,319.80

1,558,500.00

Undivided profits ................................................ 19,785,145.46

17,191,644.40

2,593,501.06

Reserve ........................................................................... 9,278,432.64

8,379,462.57

898,970.07

TOTAL CAPITAL

---~......:....--------~~.:...__ _.:...__ _ _ _.:..._~~~

ACCOUNTS ................................................$ 88,026,397.90 $ 82,300,426.77
TOTAL LIABILITIES AND CAPITAL ACCOUNTS ..................$1,075,764,855.33 $1,020,643,670.16

$ 5,725,971.13 $55,121,185.17

THIRTY-FIFTH ANNUAL REPORT

XV

Number of Banks
12 1
92 13 3 5 81
1 4 1 2 5 1 47 2
9 9 1 1 3 1
1 1 3 1

Exhibit "T" CLASSIFICATION OF BANKS BY CAPITALIZATION
AS OF DECEMBER 31, 1954

Capital
$ 15,000.00 20,000.00 25,000.00 30,000.00 35,000.00 40,000.00 50,000.00 55,000.00 60,000.00 62,500.00 65,000.00 75,000.00 80,000.00 100,000.00 125,000.00 150,000.00 200,000.00 250,000.00 275,000.00 300,000.00 325,000.00 400,000.00 500,000.00
1,000,000.00 4,000,000.00

Total Capital
$ 180,000.00
20,000.00 2,300,000.00
390,000.00 105,000.00 200,000.00 4,050,000.00
55,000.00 240,000.00
62,500.00 130,000.00 375,000.00
80,000.00 4, 700,000.00
250,000.00 1,350,000.00 1,800,000.00
250,000.00 275,000.00 900,000.00 325,000.00 400,000.00 500,000.00 3,000,000.00 4,000,000.00

Total Resources
$ 8,570,667.31
300,230.07 97,907,656.06 13,382,788.48
3,327,511.24 8,191,516.91 182,210,745.15 1,314,964.32 6,902,694.19 1,151,549.47 2,216,520.12 15,663,068.40 2,659, 787.96 166,170,579.40 10,823,351.83 58,258,497.51 7 5,984,035. 73 13,829,540.13 8,163,761.58 26,466,925.26 7,510,034.08 25,185,632.84 23,678,744.51 127,438,638.60 188,455,414.18

BANKS IN VOLUNTARY LIQUIDATION December 31, 1954

Exhibit "U"

NAME OF BANK

LOCATION

DATE

Atlanta Trust Company ................................................ ! Atlanta ................................. December 11, 1929
Merchants Trust Company.......................................... Valdosta .............................. January 30, 1931 Bank of Statham ............................................................... Statham ................................. December 31, 1931 Newnan Bank & Trust Co........................................ Newnan ................................. May 11, 1932 Citizens Bank ........................................................................... Tallapoosa ........................ March 14, 1938 American Savings Bank ................................................ Atlanta ................................. January 12, 1950 Bank of lla .................................................................................... Ila ................................................ August 9, 1954

XVI

DEPARTMENT OF BANKING

Exhibit "V"
LEGAL HOLIDAYS
January 1-New Years Day January 19-Lee's Birthday February 22-George Washington's Birthday April 26-Memorial Day June 3-Jefferson Davis' Birthday July 4-Independence Day First Monday in September-Labor Day October 12-Columbus Day November 11-Armistice Day Fourth Thursday in November-Thanksgiving Day December 25-Christmas Day
Provided that when any of the holidays enumerated above falls on a Sunday the Monday next following shall be observed as a Legal Holiday.

Exhibit "W"

SUPERINTENDENTS OF BANKS, DEPARTMENT OF BANKING STATE OF GEORGIA

No. Name

Date of Appointment

1 T. R. Bennett ...................................................... November 17, 1919 2 A. B. Mobley ......................................................January 1, 1927 3 W. J. Davis ............................................................ September 24, 1931 4 R. E. Gormley ...................................................January 1, 1932 5 R. R. Tippins ...................................................... October 6, 1936 6 John C. Beasley ............................................. January 11, 1937 7 R. E. Gormley ...................................................January 25, 1937 8 C. B. Golsan, Acting Supt................... January 1, 1940 9 John C. Beasley ............................................. January 14, 1941 10 0. G. Jackson ...................................................... March 22, 1947 11 A. P. Persons ...................................................... November 18, 1948

Date Service Ended
January 1, 1927 September 24, 1931 January 1, 1932 October 6, 1936 January 11, 1937 January 25, 1937 January 1, 1940 January 14, 1941 March 21, 1947 November 18, 1948

THIRTY-FIFTH ANNUAL REPORT

1

STATEMENT

Showing condition at.the close of business December 31, 1954, of

ABBEVILLE STATE BANK Abbeville, Ga.

As called for by the Superintendent of Banks

J. H. DORMINY, JR., President.
Date of Charter: 4-21-1952

W. S. WALKER, Cashier.
Began Business: 4-22-1952

ASSETS Ce.sh, balances with other banks, In-
cluding reserve balances, and cash items in process of collection........ $ United States Government obligations, direct and guaranteed _______ Obligatio_n~ of States and political
SltbdlVlSlOllS -------------------------------------
Other bonds, notes, and debentures ____ Corporate stock'S (including stock of
Federal Reserve Bank) _________ Loans and discounts (including
overdrafts) -------------------------------------Bank premises 0\Vned, furniture and
fixtures --------------w------ ---------------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 ------------------------$

86,681.58 118,000.00
None None None 204,482.81 1,880.03 None
None None 414.13 411,458.55

LIABILITIES

Demand deposits

$

Time deposits ~----------------------------------Deposits of U. S. Government____________

Deposi~s . .of States and political

DeSpUobsditlVs lSolfOllbSa-n-k--s--_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_

Other deposits (certified and offi-

Bicllesrs'pacyhaebclkes_,___e_t_c_._)_--_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_--_

Acceptances executed by or for account of this bank and out-
standing -------------------------------------Other liabilities --------------------------------Capital --------------------------------------------------Surplus ---------------------------------------------Undivided profits -------------------------------Reserves _____________ ------------------------------------

247,365.73 71,118.06 17,293.69
34,092.15 None
476.32 None
None 4,919.77 25,000.00 5,000.00 6,192.83
None

Total Lia bilitie:;;

$ 411,458.55

STATEMENT

Showing condition at :the close of business December 31, 1954, of

BANK OF ACWORTH Acworth, Ga.

As called for by :the Superin:tenden:t of Banks

F. J. KIENEL, President.
Date of Charter: 10-31-1905

H. W. PITNER, Cashier.
Began Business: 12-19-1905

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 stock'S (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 indiorercotltyherrerperaelseensttiantge__b__a_n__k___p__r_e_m__i_ses
Cuasctcoempetarsn'celsiaboiultistytantodinthgi__s___b__a__n__k____o_,n
Other assets -------------
Total Assets ----------------------$

435,526.98 526,323.66
None None None 424,911.44 24,366.51 None
None None 2,736.19 1,413,864. 78

LIABILITIES Demand deposits -------------------------$ Time deposits ------------------------------Deposits of U. S. Government____________
Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s--_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_
Other deposits (certified and officers' checks, etc.) __________
Bills payable______ Acceptances executed by or for
account of this bank and out-
standing -----------------------Other liabilities ----------------------Capital -------------------------------Surplus ----------------------------------------- Undivided profits ----------------------------Reserves -----------------

891,792.92 290,111.12
None
89,123.66 6,262.22
8,237.79 None
None 5,000.00 50,000.00 30,000.00 37,587.42 5,749.65

Total Liabilities ------------------$ 1,413,864.78

2

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF ADAIRSVILLE Adairsville, Ga.

As called for by the Superintendent of Banks

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

J. E. McKELVEY, Cashier.
Began Business: 3-24-1899

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
subdlvisions ---------------------------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 ---------------------------------

336,420.88 418,000.00
5,000.00 None
1,800.00 364,216.38
1,070.48 None
None None None

Tots! Assets -----------------$ 1,126,507.74

LIABILITIES
Demand deposits -----------------------$
TDiempeosidtespoosfitUs . --S--.G---o-v--e-rn-m-e-n--t-_-__-_-__-_-__-_-_-_
Deposits of States and political subdivisions -------------------------------
Deposits of banks.......-------------------Other deposits (certified and off!
cers' checks, etc.)------------------ Bills payable...--------------------------Aceeptances executed by or for
account of this bank and out-
standing --------------------------------Other liabilities ----------------Capital -------------------------------Surplus ------------------------------------ Undivided profits ------------- -------------Reserves ------------------------------------------------

538,843.06 408,231.98
1,680.00
41,215.05 None
5,444.84 None
None Non6 25,000.00 35,000.00 71,092.81 None

Total Liabilities --------------------- $ 1,126,507.74

STATEMENT

Showing condition at the close of business December 31, 1954, of

ADEL BANKING COMPANY Adel, Ga.

As called for by the Superintendent of Banks

A. L. PARRISH, President.
Date of Charter: 2-27-1929

D. C. IRELAND, Cashier.
Began Business: 3-1-1929

ASSETS Cash, balanres 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 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 -----------------
Tots! Assets -----------------------$

770,560.46 807,000.00
None None None 700,177.23 37,000.00 None
None None 164.20 2,315,501.89

LIABILITIES
Demand deposits -----------------------$ Time deposits --------------------------Deposits of U. S. GovernmenL.......... Deposits of States and political
Despuobsditisvisoifonbsan-k-s-___-__-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-__-_-_-______
Other deposits (certified and off!-
cers' checks, etc.)---------------- Bills payable..------------------------------------Aceeptances executed by or for
account of this bank and out-
standing --------------------------Other liabilities ___ ---------------Capitsl ---------------------------------------Surplus -------------------------- Undivided profits ---------------------Reserves -----------------------------------

1,432,366.08 387,905.99 13,767.47
213,902.82 41,362.30
25,342.70 None
None 4,170.00 50,000.00 100,000.00 36,462.23 10,222.30

Total Liabilities ---------------- $ 2,315,501.89

THIRTY-FIFTH ANNUAL REPORT

3

STATEMENT

Showing condition at the close of business December 31, 1954, of

FARMERS 8t MERCHANTS BANK Adel, Ga.

As called for by the Superintendent of Banks

H. W. NELSON, President.
Date of Charter: 12-11-1947

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

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection........$ T.:nited 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 (includin;;
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 reaI estate____________________________
Customers' liability to this bank on acceptances outstanding___________________
Other assets --------------------------------------~-

290,294.57 380,350.69
None None None 416,819.70 6,887.61 None
None None 3,578.82

Tota I Assets -------------------------------$ 1,097, 931. 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.)----------------------------Bills payable.....___ ------------------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------------------------------Other liabilities ----------------------------------Capital ________ ----------------------------------------Surplus -----------------------------------------Undivided profits ____________ ------------------Reserves ----------~~~~~-~~~-----------------------------

577,351.32 321,199.31
None
86,436.03 None
1,318.65 None
None 2,352.00 50,000.00 30,000.00 29,274.08
None

Total Liabilities

------ $ 1,097,931.39

STATEMENT

Showing condition at the close of business December 31, 1954, of

MONTGOMERY COUNTY BANK Ailey, Ga.

As called for by the Superintendent of Banks

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

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

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 stockis (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 Indiorercotltyherrerperaelseensttiantge___b__a__n__k_____p__r_e__m___i__s_e__s
Customers' liability to this bank on acceptances outstanding_________
Other assets ---------------------------
Total Assets ----------------------$

212,657.63 375,000.00
3,000.00 None None
125,474.25 1.00 None
None None None 716,132.88

LIABILITIES Demand deposits --------------------------------$ Time deposits -----------------------------------Deposits of U. S. Government____________
Deposits of States and political Despuobsditisvisoifonbsa-n--k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-__--_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Other liabilities ---------------------------------Capital -------------------------------------------------Surplus ------------------------------------------------Undivided profits -------------------------------Reserves ------------------------------------------------

436,036.58 4,153.85 None
142,651.28 23,617.31 62,173.86 None
None 3,000.00 30,000.00 13,000.00 1,500.00
None

Total Liabilities -------------------------- $ 716,132.88

-,

4

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

WHEELER COUNTY STATE BANK Alamo, Ga.

As called for by the Superintendent of Banks

C. M. JORDAN, JR., President.
Date of Charter: 1-15-1945

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

ASSETS

Cash, balances with other banks, in

eluding reserve balances, and cash

items in process of co11ection........$ 135,422.94

United States Government ob1tga-

tions, direct and guaranteed_..____ 256,133.08

Obl!gations of States and pol!tlcal

nbdivisions --------------------

None

Other bonds, notes, and debentures___

None

Corporate stock'S (including stock of

Federal Reserve Bank) _ _ __

None

Loans and discounts (Including

overdrafts) -------------------- 199,640.51

Bafnixktupreresmi.s..e..s__o_w__n_e_d__, _f_u__r_n_i_tu__r_e__a_n_d..

1.00

Real estate owned other than bank

premises ------------------------Investments and other assets Indi-

None

rectly representing bank premises

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

None

Customers' l!abillty to this bank on

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

None

Other assets ...........-..............................

None

Total

Assets

______________________________-$

----
591,197.53

LIABILITIES

Demand deposits

$

Time deposits .......................-------Deposits of U. S. Government____________

Deposits of States and pol!tlcal subdlvisions ........................................
Deposits of banks.._____________________________

Other deposits (certified and offi-

cers' checks, etc.) .............................. B11ls payable_________..................__________

Acceptances executed by or for account of this bank and out-

standing -------------------------................ Other l!abllltles ................_...................

Capitai ---------------------------------------------Surplus -----------------------------------------------Undivided profits ------------------------------

Reserves ------------------------------------------------

361,598.05 33,334.91 6,494.42
104,914.01 752.89
None None
None 2,820.23 25,000.00 25,000.00 31,283.02
None

Total Liabilities --------------------------$ 591,197.53

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF ALAPAHA Alapaha, Ga.

As called for by the Superintendent of Banks

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

CHAS. A. MATTHEWS, Cashier.
Began Business 3-25-1905

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash Items In process of collection________ $ United States Government obl!gations, direct and guaranteed Obligations of States and political subdivisions ...................................... Other bonds, notes, and debentures __ _ Corporate stock" (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 ........................_______

619,987.25 387,934.38
14,209.61 None None
415,624.05 5,486.77 None
None None None

Total Assets .........................._____ $ 1,443,242.06

LIABILITIES Demand deposits _____...........................--$ Time deposits ----------------------------------Deposits of U. S. Government______...... Deposits of States and pol!tical
subdivisions ........................................ Deposits of banks ______________________________
Other deposits (certified and officers' checks, etc.) ....-.........................
Bills payable..-------------.......................... Acceptances executed by or for
account of this bank and out-
Otshtearndl!inabgll-l-t-l-e--s---.-.-.-.-..-.-.-.-.-.-.-..-.-.-.-.-.-.-..-.-.-_--_--_---_--_-_
SCuarppiltuals --.-..-.-.-..-.-.-..-.-.-..-.-..-.-.-..-.-.-_-_--_--_--_--_--_-_--_--_--_
Undivided profits ................................ Reserves -------------------------------------------------

764,228.63 375,079.88
4,759.20
84,505.05 None
4,396.33 None
None 13,928.00 60,000.00 70,000.00
1,344.97 65,000.00

Total Liabilities ------------------------- $ 1,443,242.06

THIRTY-FIFTH ANNUAL REPORT

5

STATEMENT

Showing condition ai the close of business December 31, 1954, of

ALBANY SAVINGS BANK Albany, Ga.

As called for by the Superintendent of Banks

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

OSCAR POWELL, Cashier.
Began Business: 10-2-1950

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

612,330.15 None None None None
1,479,643.61 6,208.33 None
902.19 None 209.08

Total Assets --------$ 2,099,293.36

LIABILITIES

Demand deposits

... $

TDiempeosditespoosfitUs .-S-. -G-o-v-e-rn-m-e-n-t-___-__-__-__-__

Deposits of States and political

Despuobsditisviosfiobnasn--k-s-_-_-__-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-__-_-_-_

Other deposits (certified and offiBicllesrs'pacyhaebclkes_,__e_tc_.)_-_--_-_--_--_-_--_-_--_-_--_-_--_--_-_-_--_

Acceptances executed by or for account of this bank and out-

standing ------------------------------Other liabilities ----------------------Capital --------------------------------Surplus -----------------------------------------Undivided profits ----------------------------Reserves -------------------

None 1,501,611.18
None
10,000.00 80,000.00
None None
None 152,181.43 150,000.00 45,000.00 121,217.28
39,283.47

Total Liabilities ---- $ 2,099,293.36

STATEMENT

Showing condition at the close of business December 31, 1954. of
ALBANY TRUST & BANKING COMPANY Albany, Ga.

As called for by the Superintendent of Banks

C. L. NEUMAN, 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 balances, and cash items in process of collection........$ 261,644.89

United States Government obliga-

tions, direct and guaranteed---------

None

Obligations of States and political

subdivisions ------------------------Other bonds, notes, and debentures....

None None

Corporate stocks (including stock of Federal Reserve Bani!J)____________

None

Loans and discounts (including

overdrafts) -------------------- 1,668,512.40 Bank premises owned, furniture and

fixtures ----------------------Real estate owned other than bank

23,229.09

premises---------------------

None

Investments and other assets indi-

rectly representing bank premises_ __

or other real estate___________________

None

Customers' liability to this bank on acceptances outstanding____________

None

Other assets -------------------------------

10,000.00

Total Assets -------------------------$ 1,963,386.38

LIABILITIES Demand deposits -----------------------------$ Time deposits ----------------------------------Deposits of U. S. Government............ Deposits of States and political Despuobsdiitsvisoifonbsa-n-k--s--_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c__._)_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_
Acceptances executed by or for account of this bank and out-
standing -------------------------------Other liabilities ----------------------------Capital --------------------------------------------SurpIus -----------------------------------------------Undivided profits -------Reserves ---------------------------------

None 1,332,866. 74
None
None 10,000.00
None None
None 317,497.47 100,000.00 100,000.00 103,022.17
None

Total Liabilities ........................ $ 1,963,386.38

-l

6

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE BANK OF ALBANY Albany, Ga.

As called for by the Superintendent of Banks

W. D. OWENS, President.
Date of Charter: 3-9-1942

L. M, JORDAN, Cashier.
Began Business: 4-15-1942

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 SUbdtViSIOnS ------------------..------------- Other bonds, notes, and debentures____ Co"norate 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 --------------------------------------
Total Assets ____________________________$

3,292,823.02 1,128,550.00
101, 104. 04 None None
3,47 6,863. 67 197,517.17 None
None None 1,069. 74 8,197,927.64

LIABILITIES Demand deposits ------------------------------$ Time deposits --------------------------------------Deposits cf U. S. Government._ Deposi~s ..of States and political
DeSpUobsdiltVs lSolOf llbSan---k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-
Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__--_
Acceptances executed by or for account of this bank and out-
standing ---------------------------------------------Other liabilities ----------------------------------Debentures -------------------------------------------C:tpital ___ ----------------------------------------------Surplus ----------------------------------------------Undivided profits ------------------------------Reserves -------------------------------------------------

4,226,767.76 2,197,096.23
43,319.52
1,017,729.80 140,579.93
97,071.59 None
None 58,243.83 32,500.00 150,000.00 200,000.00 34,618.98
None

Total Liabilities

$ 8,197,927.64

STATEMENT

Showing condition at the close of business December 31, 1954, of

CITIZENS &: SOUTHERN BANK OF ALBANY Albany, Ga.

As called for by the Superintendent of Banks

OLIN F. FULMER, President.
Date of Charter: 5-6-1943

MARK 0. LIVELY, JR., Cashier.
Began Business: 6-1-1943

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash Items in process of collection________ $ United States Government obligations, direct and guaranteed_________ Obligations of States and political
mbdlvislons ------------------------------Other bonds, notes, and debentures___ Corporate stockiS (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 lnd1
rectly representing bank premises or other real estate___________________________
Customers' liability to this bank on acceptances outstanding_______________
Other assets ----------------------------------

2,962, 764.23 4,813,157.29
564,061.78 127,567.64
None 5,127,4 72.05
196,484.27 None
None None 38,032.87

Total Assets ---------------------------$ 13,829,540.13

LIABILITIES Demand deposits ---------------------------------$ Time deposits -------------------------------------Deposits of U. S. Government ___ _ Deposits of States and political
subdivisions --------------------------------------Deposits of bank------------"------------------Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e_t_c__.)_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing -----------------------------------------Other liabilities ----------------------------------Capital ----------------------------------------------Surplus ---------------------------------------------Undivided profits -------------------------------Reserves -------------------------------------------------

7,223,834.81 2,914,005.34
375,396.07
904,067.87 1,207,069.68
78,805.87 None
None 295,037.20 250,000.00 250,000.00 196,418.16 134,905.13

Total Liabilities --------------------------$ 13,829,540.13

THIRTY-FIFTH ANNUAL REPORT

7

STATEMENT

Showing condition at the close of business December 31, 1954, of

FIRST STATE BANK OF ALBANY Albany, Ga.

As called for by :the Superintendent of Banks

J. R. PINKSTON, President.
Date of Charter: 5-3-1943

FRED N. SUMTER, Cashier.
Began Business: 6-1-1943

ASSETS Cash, balances with other banks, I"-
eluding reserve balances, and callh items In process of collection .. $ United States Government obl!ga tlons, direct and guaranteed ________ Obligations of States and political subdivisions ------------------------------------Other bonds, notes, and debentures Corporate stocllls (Including stock of Federal Reserve Bank!)-------Loans and discounts (Including
overdrafts) -----------------------------------Bank premises owned, furniture and
fixtures ---------c:-----:-
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 ------------------------

5,001,754.70 3,834,444.22
25,327.94 None None
8,431,652.82 161,409.10 None
None None 54,319.88

Total Assets ------------------------$ 11,508.908.66

LIABILITIES
Demand deposits ---------$
TDiempeosidtespoosfitUs .--S-.---G--o-v-e-r-n--m--e-n-t-.-.-__-_-__-_-__-__ Deposits of States and political Despuobsdiitvs isoifonbsa-nk-s-___-___-___-__-___-___-___-__-___-___-__
Other deposits (certified and ofii-
cers' checks, etc.) ------------------------Bills payable -------------------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------Other liabilities ---------------------------------Capital ------------------------------------------------Surplus _______ ----------------------------------------Undivided profits -------------------------------Reserves -------------------------------------------------

8,360,050.59 11,406,402.66 1,212,328.70
731,696.61 2,537,113.63
76,147.41 None
None 241,702.11 150,000.00 350,000.00 442,866.95
None

Total Llabllltles ---------------------------$ 17,508,908.66

STATEMENT

Showing condition at :the close of business December 31, 1954, of

THE FOUR COUNTY BANK Allentown, Ga.

As called for by :the Superintendent of Banks

MRS. A. W. DAUGHTRY, President.
Date of Charter: 8-18-1941

JOHN E. FREEMAN, Cashier.
Began Business: 9-15-1941

ASSETS Cash, balances with other banks, In-
eluding reserve balanoos, and cash Items in process of collection__$ United States Government obligations, direct and guaranteed_________ Obligations of States and political subdiJislons ------------------Other bonds, notes, and debentures Corporate stock'S (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 Indiorercotltyherrerperaelseensttiantge__b__a__n__k____p__r_e__m___i_s__e_s_
Customers' liability to this bank on acceptances outstanding____________
Other assets ------------------------
Total Assets ----------------------$

640,111.46 413,342.50
None 50,000.00
None 529,761.43
5,454.06 None
None None None 1,638,669.45

LIABILITIES Demand deposits --------------------------$ TDiempeosditespoosfitUs . --S--.---G--o--v--e-r-n--m---e-n--t-.-.-_-__-_-_-_-__-_-_ Deposits of States and political
Despuobsdiitvs isoifonbsa-n-k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
Otcheerrs' dcehpeocskist,s et(cc.e)r_t_if_i_e_d__a_n_d___o_f_f_i-_ Bills payable__________________________________
Acceptances executed by or for account of this bank and out-
standing --------------------------Other liabilities -----------------------Capital -------------------------------Surplus ---------------------------------------Undivided profits -----------------------------Reserves ~--------------------------------------------

991,211.49 293,810.26
82,782.75
83,054.62 29,702.03
3,272.50 None
None 18,385.30 25,000.00 75,000.00 36,450.50
None

Total Liabilities -------------------------- $ 1,638,669.45

-,

8

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

ALMA EXCHANGE BANK Alma, Ga.

As called for by the Superinfendenf of Banks

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

T. 0. HALL, JR., Cashier.
Began Business: 10-14-1939

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 stock,; (including stock of Federal Reserve BanJo)--- 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 ---- .. -----

473,738.45 Gti2,67l.S8
None None None 686,832.89
1.00 None
None None None

Total Assets ---------$ 1,713,264.22

LIABILITIES Demand deposits ------------------- $ Time deposits ---------- Deposits of U. S. Government ....._____ _ Deposi~s. _of States and political

subdlVlSlOllS -----------------------------------

Deposits of banks______

-----

Other deposits (certified and offi-

Bicllesrs'paycahblee_c__k_s__,__e__tc__.)_-_-_-_________-___-------__-_-_-_

Acceptances executed by or for account of this bank and out-
standing ___ ----------------------------------------Other liabilities ----------------------------------Capital ---------------------------------------------Surplus ----------------------------------------Undivided profits --------------------------------
Reserves -----------------------------------------------

972,179.81 309,400.00
6,833.18
245,547.26 15,000.00
21,870.14 None
None None 50,000.00 50,000.00 27,433.83 15,000.00

Total Liabilities ------ $ 1,713,264.22

STATEMENT

Showing condition at fhe close of business December 31, 1954, of

CITIZENS STATE BANK Alma, Ga.

As called for by fhe Superinfendenf of Banks

L. T. HARRINGTON, President.
Date of Charter: 4-2-1951

ALBERT A. PITTS, JR., Cashier.
Began Business: 5-1-1951

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 stock'S (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 Indiroerctoltyherreprereasleensttiantge__b__a__n__k____p__r__e_m___i_s__e__s_
Customers' liability to this bank on acceptances outstanding............._....
Other assets --------------------------------------
Total Assets --------------------------------$

268,111.72 434,965.63
62,940.44 55,000.00
None 464,469.24 16,137.85
None
None None 89.97 1,301,714.85

LIABILITIES Demand deposits --------------$ TDiempeosidtespoosfitUs . --S--.--G--o--v-e--r-n-m---e-n-t-..-_-_-_-_-_-_-_-_
Deposits of States and political
Despuobsdiitvs isoifonbsan.k.-s-_-_-__-_-_-__-_-_-__-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_
Other deposits (certified and officers' checks, etc.) ----------------
Bills payable ----------------------------------- Acceptances executed by or for
account of this bank and out-
standing -------------------------- Other !labilities -------------Capital ---- -------------------------------Surnlus ----------------------------------Undivided profits ---------------Reserves ------------------

512,641.48 390,385.16
19,764.27
266,606.95 None
836.15 None
None 734.52 50,000.00 25,000.00 30,746.32 5,000.00

Total Liabilities -------------------------- $ 1,301,714.85

THIRTY-FIFTH ANNUAL REPORT

9

STATEMENT

Showing condition a:t :the close of business December 31, 1954, of

BANK OF COMMERCE Americus, Ga.

As called for by :the Superin:tenden:t of Banks

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

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

ASSETS Cash, balances with other banks, in -
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 stockJS (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' liablllty to this bank on acceptances outstanding..................
Other assets ------------

1,118, 728.43 2,226,837.50
438,956.89 70,000.00
None 1,896,192.50
15,000.00 None
None None None

Total Assets ---------------------$ 5,765,715.32

LIABILITIES Demand deposits -------------------------------- $ Time deposits -------------------------------------Deposits of U. S. Government___________ Deposits of States and political
Despuobsdiitvs isoifonbsan-k--s--_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__
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 --------------------------------------------

3,260,030.30 891,186.15 272,169.72
521,262.47 136,036.14
4,081.95 None
None None 100,000.00 200,000.00 302,988.59 77,960.00

Total Liabilities

$ 5,765,715.32

STATEMENT

Showing condi:tion a:t ihe close of business December 31, 1954, of

CITIZENS BANK OF AMERICUS Americus, Ga.

As called for by :the Superin:tenden:t of Banks

EVAN MATHIS, President.
Date of Charter: 2-20-1937

J. H. HARVEY, Cashier.
Began Business: 3-25-1937

ASSETS Cash, balances with other banks, in-
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 stockos (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' liablllty to this bank on acceptances outstanding_______
Other assets --------------
Total Assets ---------------$

699,157.93 945,540.00 183,447.20
None None 2,302,803.29 38,244.77 None
None None 1,831.09 4,171,024.28

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 llabllltles ----------------------------Capital ---------------------------------------Surplus ------------------------------------------Undivided profits -----------------------Reserves ---------------------------------

2,483,436.50 728,741.01 114,769.59
466,925.10 8,891.26
5,259.99 None
None 38,251.62 100,000.00 100,000.00 74,749.21 55,000.00

~l'otal Llabllltles ........................... $ 4,171,024.28

10

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

BOSTWICK BANKING COMPANY Arlington. Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash Items In process of collection........$ United States Government obll~ta tlons, direct and guaranteed.__ Obligations of States and political subdivisions Other bonds, notes, and debentures Corporate stock\'1 (Including stock of Federal Reserve Bank)------- Loans and discounts (lncludln;: 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 ..................................$

353,495.85 222,205.20
8,668.52 None None
407,080.04 2,167.80 None
None None None 993,817.41

LIABILITIES

Demand deposits

.... $

Time deposits --------------------Deposits of U. S. Government............ Deposits of States and political

Despuobsidtsivoifsiboannsk-s-_-_--_-_-_-_-_--_-_-_-_-_--_-_-_-_-_

Other deposits (certified and offi-

cers' checks, etc. 1 ------------- Bllls payable ----------Acceptances executed by or for
account of this bank and out-

standing-----------------
Other liablllties ---------------------Capital-------------------------------

Surplus -------------------Undivided profits ---------Reserves ~---------------------------------------

641,721.24 53,922.59
5,796.99
195,280.82 None
None None
None 900.00 15,000.00 61,000.00 6,479.48 13,516.29

Total Liabilities ............................$ 993.811.41

STATEMENT

Showing condition at the close of business December 31, 1954, of

ASHBURN BANK Ashburn, Ga.

As called for by the Superintendent of Banks

W. M. FORSHEE, President.
Date of Charter: 7-3-1900

MISS NELLIE C. BOLAND Cashier.
Began Business: 7-1900

ASSETS Cash, balances with other banks, In
cludlng 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 stockls (Including stock of
Federal Reserve Bani<)------------------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 banlc premises or other real estate.._______________________
Customers' liability to this bank on acceptances outstanding..................
Other assets ------------------------------

841,853.08 707,980.12
None None None 1,101,087.42 50,370.00 None
None None 529.13

Total Assets .................................. $ 2,701,579.75

LIABILITIES

Demand deposits -----------------------$ 1,459,550.92

TDiempeosidtespoosf itus .

--------------------------------S. Government............

881,338.88 2,824.78

Deposits of States and political

subdivisions --------------------------------Deposits of banks..................................

118,557.29 None

Other deposits (certified and off!- ~

cers' checks, etc.) ------------------------Bills payable ------------------------------------Acceptances executed by or for

1,110.12 None

account of this bank and out-

standing ----------------------------- Other liabilities ....................................

None 15,757.00

Capital --------------------------------------------Surplus ----------------------------Undivided profits ------------------------------- Reserves -------------------------------------------------

50,000.00 100,000.00
74,842.76 None

Total Llabllltles ......................... $ 2,701,579.75

THIRTY-FIFTH ANNUAL REPORT

11

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE CITIZENS BANK OF ASHBURN Ashburn, Ga.

As called for by :the Superintendent of Banks

JAMES H. PATE, President.
Date of Charter: 7-3-1900

GREER MONROE, Cashier.
Began Business: 10-25-1905

ASSETS Cash. ball:.nces with other banks, In-
cluding reserve balances, and cash Items In process of collection_______ $ United States Government obllgatlons, 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 lndl rectly representing bank premises or other real estate________
Customers' liability to this bank on acceptances outstanding_________________
Other assets -------------------------------
Total Assets ----------$

628,095.27 456,000.00
7,000.00 None None
478,594.91 8,167.81 None
None None None 1,577,857.99

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

783,695.67 576,452.97
664.08
59,092.56 2,507.74
10,441.36 None
None None 25,000.00 100,000.00 20,003.61 None

Total Liablllties ---------------------------$ 1,577,857.99

STATEMENT

Showing condition at :the close of business December 31, 1954, of

HUBERT STATE BANK Athens, Ga.

As called for by :the Superintendent of Banks

MRS. BLANCHE BRACKETT President.
Date of Charter: 9-24-1949

JOHN E. GRIFFIN, Cashier.
Began Business: 11-1-1949

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 premtses owned, furniture and
fixtures ---------------------- . Real estate owned other than bank
premises ----------------------------------Investments and other assets lndl
roerctoltyherreprereasl eensttiantge__b__a__n__k____p__r_e__m___i_s_e__s_
Customers' liabtllty to this bank on acceptances outstanding_____________
Other assets

456,497.86 507,931.98
72,643.63 None None
699,962.30 52,071.45
None
None None None

'rota! Assets --------------------------------- $ 1,789,107.22

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

821,001.97 671,714.12 19,700.56
87,115.93 None
9,013.01 None
None 5,245.49 lM,OOO.OO 35,000.00 40,316.14
None

Total Liabilities ............................$ 1,789.107.22

1

12

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE BANK OF GEORGIA Atlanta, Ga.

As called for by the Superintendent of Banks

JOSEPH E. BIRNIE, President.
Date of Charter: 11-27-1933

JAMES H. DICKSON, Cashier.
Began Business: 12-5-1933

ASSETS Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection~~~~$ 3,559,772.64 United States Government obligations, direct and guaranteed~- 7,924,427.75

Obligations of States and political

subdivisions -- Other bonds, notes, and debentures

449,906.75 297,375.00

Corporate stocks (including stock of Federal Reserve Bank!)~~
Loans and discounts (including

None

overdrafts) ---------- 12,578,722.77 Bank premises owned, furniture and

fixtures ------- Real estate owned other than bank

128,282.36

premises ----- Investments and other assets indi-
rectly representing bank premises

None

or other real estate -~~~~~~ Customers' liabilitY to this bank on
acceptances outstanding~-

None None

OthH assets ------- 247,145.57

Total Assets .............................._$ 25,185,632.84

LIABILITIES

Demand deposits --------~$ 8,299,506.86

Time deposits ------- 11,374,138.97

Deposits of U. S. Government~

278,342.41

Deposits of States and political

subdivisions -------- 2,662,764.56

Deposits of banks...-~

38,000.00

Other deposits (certified and offi-

cers' checks, etc.) ------ 200,741.72

B!lls payable_--------Acceptances executed by or for

None

account of this bank and out-

standing -------------

Other liabilities ---------

Capital--------------

Surplus --

--

Undivided profits -----

Reserves ----------

None 1,134,188.00
400,000.00 400,000.00 297,950.32 100,000.00

Total Liabilities ......................._... $ 25,185,632.84

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE CITIZENS &: SOUTHERN BANK OF ATLANTA A:tlanta, Ga.

As called for by the Superintendent of Banks

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

JOHN M. HILLSMAN, JR., Cashier.
Began Business: 12-1-1941

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 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 ----------

3,595,068. 77 4,841,168.90
752,707.68 47,812.50
None 7,785,175.23
165,010.18 141,400.12
None None 40,794.41

Total Assets -$ 17,369,137.79

LIABILITIES
Demand deposits ---$ Time deposits -~~~~~~------ Deposits of U. S. Government.~~~~ Deposits of States and polltical
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 liabllities --------- Capital ...... ----------
~~d':~~~edxiroflts::=::::::::::::::::::::::::::
Reserves -----

7,742,202.42 7,170,731.88
294,371.66
122,100.00 None
70,057.95 None
None 940,575.48 300,000.00 400,000.00 112,577.54 216,520.86

Total Lls.blllties ------$ 17,369,137.79

THIRTY-FIFTH ANNUAL REPORT

13

STATEMENT

Showing condition at ihe close of business December 31, 1954, of

THE CITIZENS AND SOUTHERN BUCKHEAD BANK Atlanta, Ga.

As called for by the Superintendent of Banks

JAMES M. SHEPHERD, President.
Date of Charter: 11-4-1948

WILLIAM H. GILBERT, Cashier.
Began Business: 7-5-1949

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 premises owned, furniture and
fixtures -----------------------Real estate owned other than bank
premises -------------------------------------Investments and other assets Indi-
roerctoltyherrepreraesl eensttiantge__b__a__n___k____p__r_e__m___i__s_e__s_
Customers' liability to this bank on acceptances outstanding__________________
Other assets ---------------------------------

1,966,019.39 2,076,720.10
277,915.36 94,350.47 None
1,937,865.56 56,829.12 None
None None 15,762.75

Total Assets --------------------------------- $ 6,425,462. 75

LIABILITIES
Demand deposits -------------------------------$
TDiempeosidtespoosfitUs . --S--.--G---o-v--e--r-n-m---e-n--t-_-_-_-__-_-_-_-_-_-_ Deposits of States and political Despuobsditisvisoifonbsan-k--s-_--_---_--_---_--_---_---_--_---_--_---_--
Other deposits (certified and officers' checks, etc.) __________
Bills payable ---------------------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------------Other liabilities --------------Capital -------------------------------------Surplus -------------------------------------------Undivided profits ---------------------------Reserves ---------------------------------------

4,238,314.94 1,178, 716.89
127,611.74
436,000.0& None
6,151.40 None
None 145,004.31 100,000.00 100,000.00 54,163.97 39,439.45

Total Liabilities --------------------------- $ 6,425,462. 75

STATEMENT

Showing condition ai the close of business December 31, 1954. of

CITIZENS TRUST COMPANY Atlanta, Ga.

As called for by the Superintendent of Banks

L. D. MILTON, President.
Date of Charter: 7-12-1921

R. 0. SUTTON, Cashier.
Began Business: 8-17-1921

ASSETS Cash, balances with other banks. in-
cluding reserve balanoos, and cash Items In process of collection........$ United States Government obligations, direct and guaranteed-Obllgatlon 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 lndl rectly representing bank premises or other real estate_________________________ Customers' liability to this bank on acceptances outstanding_______________
Other assets ------------------------
TotaI Assets --------------------------------$

1,330,206.11 2,096,096.86
680,054.22 285,068.26
12,250.00 2,310,450.65
44,495.77 1.00
None None 40,690.22 6, 799,313.09

LIABILITIES
Demand deposits ------------------$
TDiempeosditespoosfitUs .-S-. -G-o-v-er-nm--en-t_-_-_-_Deposits of States and political
subdivisions _ Deposits of banks_____________
Other deposits (certified and offiBicllesrsp' acyhaebclkes_,__e_t_c_.)__________________
Acceptances executed by or for account of this bank and outstanding ----------------
Other liabilities -------------Capital-------------------------Surplus --------------------------Undivided profits -----------Reserves ---------------------

3,031,009.76 2,917,444.70
119,343.95
27,200.00 None
73,058.45 None
None 86,497.88 300,()00.00 107,500.00 105,258.35 32,000.0()

Total Liabilities ------------------------$ 6,799,313.09

14

DEPARTMENT OF BANKING

STATEMENT

Showing condition at :the close of business DecembeZ' 31. 1954, of

EAST ATLANTA BANK Atlanta, Ga.

As called for by :the Superintendent of Banks

M. A. THOMPSON, President.
Date of Charter: 11-15-1910

H. B. WILLIAMS, Cashier.
Began Business: 11-15-1910

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 (including
overdrafts) ----------------------------------Bank premises owned, furniture and
fixtures ----------------------Real estate owned other than bank
premises-------------------Investments and other assets indi-
rectly representing bank premllles
or other real estate----------------Customers' liablllty to thlll bank on
acceptances outstanding......... Other ltssets ...............................

1,429,831.84 2,212,775.56
105,581.62 None None
3, 279,5 77. 20 60,000.00 None
None None None

Total Assets ----------------- ..........$ 7,087,766.22

LIABILITIES Demand deposits ---------------------- $ TDiempeosditespoosfitUs . --S--.---G--o--v-e--r-n--m--e-n--t-_-_-_-_-_-_-_-_-_-_
Deposits of States and political subdivisions ---------------------------------
Deposits of banks_______ -------------------Other deposits (certified and offi-
cers' checks, etc.) --------------------Bllls payable ------------------------------- Acceptances executed by or for
account of this bank and out-
standing ---------------------------------Other liabilities ------------------------------Capital ------------------------------------------Surplus ----------------------------------------Undivided profits -------------------------------Reserves --~--------------------------------------------

3, 724,029.71 2,175,887.48
126,917.31
392,702.00 None
75,430.71 None
None 7,500.00 100,000.00 100,000.00 200,299.01 185,000.00

Total Liabilities

$ 7,087,766.22

STATEMENT

Showing condition at :the close of business December 31, 1954, of

GEORGIA SAVINGS BANK & TRUST COMPANY Atlanta. Ga.

As called for by the Superintendent of Banks

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

R. E. GORMLEY, Vice-President. Began Business: 9-1-1899

ASSETS Cash, balances with other banks, in
eluding reserve balanoos, and cash items In process of collection....... $ United States Government obliga-
tions, direct and guaranteed------ Obligations of States and political

803,458.31 1,588,884.63

subdivisions ---------------------------------Other bonds, notes, and debentures Corporate stock'S (Including stock of

593,134.01 4,557.00

Federal Reserve Bank)-------------Loans and discounts (Including

602,019.08

overdrafts) ------------------------------------- 13,961,690.48 Bank premises owned, furniture and

fixtures -------------------Real estate owned other than bank

125,001.00

premises---------------------Investments and other assets Indi-
rectly representing bank premises

None

or other real estate-----------------Customers' llablllty to thts bank on
acceptances outstanding__________________

None None

Other assets -----------------------

None

Total Assets -----------$ 23,678,744.51

LIABILITIES

Demand deposits ------------------------$

None

Time deposits ------------------------------- 16,297,707.87 Deposits of U. S. Government___________ 1,020,597.04

Deposits of States and political

subdivisions ------------------------Deposits of banks..---------------------------Other deposits (certified and offi-

36,000.00 630,062.50

cers' checks, etc.) -----------------------Bllls payable --------------------------------Acceptances executed by or for

929.00 None

account of this bank and out-

standing ----------------------------------Other liabilities ---------------------------Capital -----------------------------------------Surplus --------------------------------Undivided profits -----------------------------
Reserves ---------------------------------

None 2,914,942.37
500,000.00 1,000,000.00
202,110.62 1,075,735.11

Total Llabllltles ------------------------ $ 23,678,744.51

THIRTY-FIFTH ANNUAL REPORT

15

STATEMENT

Showing condition at the close of business December 31, 1954. 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. McLEOD, Cashier.
Began Business: 8-31-1935

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 stockB (Including stock of Federal Reserve Bank)__________ Loans and discounts (Including overdrafts) ----------------Bank premises owned, furniture and fixtures ---------------------------Real ootate owned other than bank premises--------------------------------------Investments and other assets Indirectly representing bank premises or other real estate.__________________________ Customers' !lability to this bank on acceptances outstanding________________
Other assets ---------------------------------

754,118.23 1,953,017.44
327,657.30 418,630.56
None 3,560,573.15
82,109.88 None
None None 20,957.30

Total Assets ---------------------------------$ 7,117,063.86

LIABILITIES
Demand deposits -----------------------$
TDiempeosidtespoosfitUs . --S-.--G--o-v-e-r-n-m--e-n-t-.-_-__-__-_-__-_-_ Deposits of States and political Despuobsditisvisoifonban-k-s-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-_
Otcheerrs' dcehpeocskists, et(cc.e)r_tif_ie_d _an_d_o_ff_i-
Bills payabl~------------------------- Acceptances executed by or for
account of this bank and outstanding --------------------------Other liabilities ----------------Capital ---------------------------Surplus ------------------------------------Undivided profits -------------------------Reserves --------------------------------

1,595,390.98 4,688,233.78
2,107.12
38,900.00 20,000.00
11,876.80 None
None 62,997.80 200,000.00 200,000.00 41,532.07 250,025.31

Total Liabilities ----------------$ 7,117,063.86

STATEMENT

Showing condition at the close of business December 31, 1954. of

SOUTHERN SAVINGS BANK Atlanta. Ga.

As called for by the Superintendent of Banks

THURMAN M. WALDROP, President.
Date of Charter: 12-5-1934

MRS. MARY FULLINGTON, Cashier.
Began Business: 1-1-1935

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
8Ubdlvlslons -------------------------------------Other bonds, notes, and debentures Corporate stockB (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 premise~ or other real estate___________________________ Customers' liability to this bank on acceptances outstanding_____________
Other assets ------------------------------------------

43,132.30 None None None None
1,175,752.41 13,523.27 None
None None 4,070.25

Total Assets ------------------------------- $ 1,236,478. 23

LIABILITIES
Demand deposits --------------------------$
TDiempeosditespoosfitUs . --S--.----G--o--v--e--r-n--m---e--n-t--_-_-__-_-_-_-_-_-_-_-_
Deposits of States and political Despuobsditisvisoifonbsan-k-s-_--_-_--_-_--_-_-_--_-_--_-_--_-_-_--_-_--_
Other deposita (certified and officers' checks, etc.) -------------
BUlB payable ----------------------Acceptances executed by or for
account of this bank and out-
standing -------------------Other llabllltles -------------Capital---------------------Surplus ----------------------------Undivided profits ----------------------Reserves -------------------------

854,000.00 None None
None None
None 7,784.81
None None 100,000.00 20,000.00 129,351.13 125,342.29

Total Llabll!t!es -------------------------$ 1,236,478.23

16

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business Decembe:r 31, 1954, of

SOUTH SIDE ATLANTA BANK Atlanta, Ga.

As called for by the Superintendent of Banks

WALTER ESTES, President.
Date of Charter: 1-31-1912

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

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 stock'S (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 ----------------------------------------

1,137,494.50 1,981,599. 73
184,947.58 None None
2,023,5 67.15 63,693.88 None
None None 5,383.35

Total Assets ------------------------------$ 5,396,686.19

LIABILITIES Demand deposits ---------------------- --------- $ Time deposits ---------------------------------Deposits of U. S. Government _______ Deposits of States and political Despuobsditisvisoifonbsan-k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and officers' checks, etc.) ---------------------------
Bills payable ------------------------------------Acceptances executed by or for
account of this bank and out-
standing --------------------------------------------Other liabilities ---------------------------------CapitaI ----------------------------------------------Surplus ---------------------------------------Undivided profits -------------------------------Reserves ------------------------------------------------

2,581,435.87 2,192,962.26
129,826.93
73,900.00 4,691.43
51,811.74 None
None 34,978.64 100,000.00 100,000.00 84,939.32 42,140.00

Total Liabilities _______________________.$ 5,396,686.19

STATEMENT

Showing condition at the close of business December 31, 1954, of

TRUST COMPANY OF GEORGIA Ailanta, Ga.

As called for by the Superintendent of Banks

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

STEVE H. BOMAR, Vice-President and Treasurer.
Began Business: 11-8-1891

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash

items In process of collection........$ 54,612,833.21 United States Government obliga-
tions, direct and guaranteed ...._____ 43,215,618.95

Obligations of States and political

subdivisions ------------------------------ 11,603,032.07 Other bonds, notes, and debentures.... 216,217.84

Corporate stock'S (Including stock of

Federal Reserve Bank)-----------------Loans and discounts (Including

300,000.00

overdrafts} ---------------------------- 74, 355,2 73. 69 Bank premises owned, furniture and

fixtures -------------------------------------------- 2,192,361.83 Real estate owned other than bank

premises -------------------------------Investments and other assets Indi-
rectly representing bank premise.< or other real estate_________________________

None None

Customers' liability to this bank on

acceptances outstanding______ 390,000.00

Other assets -------------------------------------- 1,570,076.59

Total Assets ---------------------$188,455,414.18

LIABILITIES

Demand deposits ------------------------------$112,409,680.05

Time deposits -------------------------------------- 7,281,677.91

Deposits of U. S. Government..__________ 5,515,321.65

Deposits of States and political

subdivisions -------------------------------------- 13,641,448.34 Deposits of banks_________________________ 29,733, 739.6<>

Other deposits (certified and offi-

cers' checks. etc.) --------------------------- 2,470,473.65

Bills payable ---------------------------------------

None

Acceptances executed by or for

account of this bank and out-

standing ------------------------------------------ 390,000.00 Other liabilities ---------------------------------- 2,498,253.31

Capita! -------------------------------------------------- 4,000,000.00

Surplus ----------------------------------------------- 6,000,000.00 Undivided profits -------------------------------- 3,399,129.67 Reserves --------- -------------------------------------- 1,115,689.95

Total Liabilities --------------------------- $188,455,414.18

THIRTY-FIFTH ANNUAL REPORT

17

STATEMENT

Showing condition at the close of business December 31, 1954, of

GEORGIA RAILROAD BANK & TRUST CO. Augusta, Ga.

As called for by the Superintendent of Banks

SHERMAN DRAWDY, President.
Date of Charter: 11-15-1892

RUSSELL A. BLANCHARD, Cashier.
Began Business: 12-31-1892

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection........$ 14,745,961.16

United States Government obliga-

tions, direct and guaranteed.....____ 8,592,808.92

Obliga~i~n~ of States and political

SUbd1VlSlOllS ------------------------------------
Other bonds, notes, and debentures....

3,689,429.45 269,971.15

Corporate stocks (including stock of

Federal Reserve Bank)------------------

75,000.00

Loans and discounts (including

overdrafts) ---------------------------------- 25,S12,732.12 Bank premises owned, furniture and

fixtures ---------------------------------------- 702,539.78

Real estate owned other than bank

premises --------------------------------------------

46,746.28

Investments and other assets indi-

rectly representing bank premises or other real estate_________________________

None

Customers' liablllty to this bank on acceptances outstanding_______________

50,000.00

Other assets --------------------------- 149,737.89

Total Assets -----------------$ 54,134,926.75

LIABILITIES

Demand deposits --------------------- $ 25,700,507.91) Time deposits --------------------------------- 11,516,747.39> Deposits of U. S. Government____________ 1;l68,194.40>

Deposits of States and political

Despuobsditisvisoifonbsan-k--s-_--_--_-_--_--_-_--_--_-_--_--_-_--_--_--_-_--_--_-

6,088,205.11 5,565,620.58

Other deposits (certified and offi-

cers' checks, etc.) -------------------------- 172,460.89

Bills payable -------------------------------

None

Acceptances executed by or for

account of this bank and out-

standing -------------------------------Other liabilities -------------------------------Capital ------------------------------------------Surplus ----------------------------------------------- Undivided profits -------------------------------Reserves ------------------------------------------------

50,000.00 612,300.27 1,000,000.00 1,500,000.00 160,890.21
None

Total Liablllties -------------------------- $ 54,134,926.75

STATEMENT

Showing condition at the close of business December 31, 1954, of

REALTY SAVINGS BANK Augusta, Ga.

As called for by the Superintendent of Banks

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

E. J. O'TYSON, Cashier.
Began Business: 12-23-1933

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 stock'S (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 indiroerctoltyherreprereasl eensttiantge__b__a__n__k____p__r_e_m___i_s__e_s_
Customers' liability to this bank on acceptances outstanding________________
Other assets -------------
Total Assets ------------------------$

561,705.20 890,349.96 659,926.47
None None 4,854,702.67 23,615.53 3,629.85
None None 10,581.04 7,004,510. 72

LIABILITIES Demand deposits ---------------------------- $ Time deposits --------------------------------------Deposits of U. S. Government____________
Deposits of States and political Despuobsditisvisoifonbsan-k--s-_--_-_-_-_--_-_-_-_--_-_-_-_--_-_-_-_--_-_-_-_--_-_-_-_--_
Other deposits (certified and officers' checks, etc.) ---------------------------
Bills payable -------------------------------------Acceptances executed by or for
account of this bank and outstanding ------------------------------------Other liablllties -------------- Capital -------------------------Surplus ---------------------------------------Undivided profits -------------------------------Reserves -- ----------------------------------------

None 6,172,944.59
7,424.63
None 5,000.00
None None
None 14,515.42 200,000.00 200,000.00 48,332.68 356,293.40

Total Liabllities ----------------- $ 7,004,510. 72

18

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

AUSTELL BANK Austell, Ga.

As called for by the Superintendent of Banks

J. G. LUNDY, President.
Date of Charter: 1-3-1910

WALTER M. MILLS, Cashier.
Began Business: 1-10-1910

ASSETS Cash, balances "\Vith other banks, in-
cluding reserve balances, and cash items in process of collection________ $ United States Government obligations, direct and guaranteed _________ Obligati~n~ of States and political
SUbdlVlSlOllS --------------------------------------
Other bonds. notes, and debentures_ Corporate stock'S (including stock of
Federal Reserve Bank)------------------Loans and discounts (Including
overdrafts) -------------------------------------Bank premises owned, furniture and
fixtures ____ Reparlemesistaeste___o__w___n__e__d____o__ther than bank
Investments and other assets Indiroerc toltyh errepr eraelseensttiantge __b__a__n__k_____p__r__e__m___i_s_e__s_
Customers' liability to this bank on acceptances outstanding-----------------
Other assets ------------------------------------
Total Assets ____________________________ $

[,21,141.87
1,053,660.00 33,948.26 None None
558,717.03 26,956.82 None
None None None 2,594,423. 98

LIABILITIES
Demand deposits ------------------------------$ Time deposits ---------------------------------Deposits of U. S. Government _______ _
Deposits of States and political Despuobsditisvisoifonbsan-k--s-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and officers' checks, etc.) ----------------------------
Bills payable --------------------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------------------Other liabilities ----------------------------------Capital -----------------------------------------------Surplus -------------------------------------------------Undivided profits ------------------------------Reserves -------------------------------------------------

1,731,878.17 li44,484.97 6,751.50
73,816.09 None
4,484.12 None
None None 50,000.00 50,000.00 33,009.13 None

Total Liabilities

--------------$ 2,594.423.~8

STATEMENT

Showing condition at the close of business December 31, 1954, of

CITIZENS AND SOUTHERN DEKALB BANK Avondale Estates, Ga.

As called for by the Superintendent of Banks

MILLS B. LANE, JR., President.
Date of Charter: 11-16-1948

E. G. MARTIN, Cashier.
Began Business: 8-18-1949

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 stock'S (including stock of
Federal Reserve Bank)------------------Loans and discounts (including
overdrafts) ---------------------------------------Bank premises owned, furniture and
fixtures ---------------------------------------------Real estate owned other than ban!<
premises ______________ Investments and other assets indi-
rectly representing bank premises or other real estate _____ ~ustomers' liability to this bank on acceptances outstandhag_________________
Other assets ------------------------------------
Total Assets ________________________________$

528,732.85 1,101,611.21
119,291.96 None None
810,297.47 72,737.76 None
None None 7,631.96 2,640,303.21

LIABILITIES Demand deposits ------------------------------- ..$ Time deposits ----------------------------------Deposits of U. S. Government _________ _ Deposits of States and political Despuobsditisvisoifonbsan-k--s-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Other deposits (certified and offi-
Eilclesrs'pacyhaebclkes_,__e_t_c_._)_--_----------------------------
Acceptances executed by or for account of this bank and outstanding ___ ------------------------------------------
Other liabilities ----------------------------------Capital ------------------------------------------------Surplus ------------------------------------------------Undivided profits -------------------------------Reserves -------------------------------------------------

1,508,280.58 ; 08,342.58 86,054.74
95,874.63 None
5,512.37 None
None 45,777.04 50,000.00 120,000.00 16,513.52
3,947.75

Total Liabilities -------------------------- $ 2,640,303.21

THIRTY-FIFTH ANNUAL REPORT

19

STATEMENT

Showing condition at ihe close of business December 31, 1954, of

THE CITIZENS 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. HILTON, Cashier.
Began Business: 12-19-1911

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash Items in process of collection........ $ United States Government obllgat!ons. direct and guaranteed--------Obliga~i~n~ of States and political SubdlVlSlOnS ---------------------------Other bonds, notes, and debentures____ Corporate stockis (including stock f 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 -----------------------------------

1,595,439.30 2,030,836.04
15,000.00 None
7,500.00 1,288,022.06
29,18 7. 31 X one
None None 12,714.75

Total Assets ---------------------------------$ 4,978,699.46

LIABILITIES Demand deposits ------------------------------$ TDiempeosidtespoosfitUs . --S--.----G--o--v--e--r-n--m---e--n--t--_-__-_-_-_-_-_-_-_-_
Deposits of States and polltical Despuobsditisvisoifonbsan-k--s-_-_-_-_-_--_-_-_-_-_-_-_--_-_-_-_-_-_--_-_-_-_-_-_-_
Other deposits (certified and officers' checks, etc.) --------------------------
Bills payable --------------------------------------Acceptances executed by or for
account of this bank and out-
standing --------------------------------------Other llabilities ----------------------------------Capita! ------------------------------------------------Surplus --------------------------------------------Undivided profits -------------------------------Reserves ---------------------------------------------

2,489,481.01 1,246,996. 76
116,407.12
650,668.69 167,872.42
16,637.62 None
None 13,278.98 100,000.00 150,000.00 27,356.86
None

Total Liabilities -------------------------- $ 4,978,699.46

STATEMENT

Showing condition ai ihe close of business December 31, 1954, of

CITIZENS BANK Ball Ground, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, In-

cluding reserve balanees, and cash

Items In process of collection........$ 188,466.87

United States Government obllga- .J

tions, direct and guaranteed.......... 706,000.00

Obliga~i~n~ of States and political

SUbdlVlSlOns -----------------------------Other bonds, notes, and debentures..

15,000.00 None

Corporate stockis (including stock of Federal Reserve Bank)___________________

None

Loans and discounts (Including

overdrafts) -----------------------Bank premises owned, furniture and

340,361.64

fixtures -----------------------------------------Real estate owned other than bank

3,900.00

premises -------------------------------- Investments and other assets Indi-

560.00

rectly representing bank premises or other real estate___________________________

None

Customers' liability to this bank on

acceptances outstanding........------

None

Other assets ----------------------------------

None

Total Assets -------------------------------$ 1,254,288.51

LIABILITIES
Demand deposits ------------------$
DTiempoesidtespoofsitUs . --S--.----G---o--v--e-r--n--m---e--n--t-.-.-_-_-_-_-_-_-_-_--_ Deposits of States and political Despuobsditisvisoifonbsan-k-s-_--_-__--_-_-_-_-_-_-_-_-_--_-_-_-_-_--_-_-_
Other deposits (certified and officers' checks, etc.) ..............................
Bills payable -------------------------------- Acceptances executed by or for
account of this bank and out-
standing ------------------------------Other liabilities ---------------------------------Capital ---------------------------------surplus --------------------------------------------Undivided prvflts -----------------------------Reserves -----------------------------------------------

890,801.42 None
41,327.81
146,646.61 None
1,997.20 None
None 3,500.00 15,000.00 35,000.00 110,015.47 10,000.00

Total Llablllties ------------------------- $ 1,254,288.51

20

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

BAXLEY STATE BANK Baxley, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash items in process of collection........$ United States G<Jvernment 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 -----------
Total Assets ---~-------------$

367,944.04 1,171,205.04
71,202.24 None None
597,326.36 56,015.07 None
239.00 None
9,966. 75 2,273,898.50

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 ----

1,528,260. 77 352,481.05 6,466.24
145,001.31 18,517.01
5,778. 71 None
None 9,190.50 75,000.00 50,000.00 58,599.71 24,603.20

Total Liabilities -------- $ 2,273,898.50

STATEMENT

Showing condition at ihe close of business December 31, 1954, of

THE BLACKSHEAR BANK Blackshear. Ga.

As called for by ihe Superintendent of Banks

LEO J. ALLEN, President.
Date of Charter: 9-11-1891

H. M. MOODY, Cashier.
Began Business: 7-7-1892

ASSETS Cash, balances with other banks, In-
cluding reserve balan<les, 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 Indirectly representing bank premises
or other real estate.----- Customers' liability to this bank on
acceptances outstanding______
Other assets ------------------

527,984.87 1,204,311.36
None 14,850.00 4,500.00 841,495.39 62,120.53
None
None None None

Total Assets -------------$ 2,655,262.15

LIABILITIES Demand deposits -------------------$ Time deposits - Deposits of U. S. Government............ Deposits of States and political
subdlvisions ------- 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 Ilabllltles -- Capital ---- Surplus ------- Undivided profits ................................
Reserves --

1,064,301.21 825,647.87 28,507.64
154,760.03 175,206.49
12,545.36 100,000.00
None 1,051. 70 50,000.00 100,00().00 143,241.85
None

Total Llablllt!es ......................... $ 2,655.2fl2. 15

-l

THIRTY-FIFTH ANNUAL REPORT

21

STATEMENT

Showing condition at the close of business December 31, 1954, 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. McDUFFIE, Cashier.
Began Business: 8-5-1946

ASSETS Cash, balances with other banks, in-
cluding reserve balanoes, and cash items in process of collection________$ United States Government obligations, direct and guaranteed--------Obllga~i~n~ of States and political
SUbdlVlSlODS --------------------------------------
Other bonds, notes, and debentures ____ Corporate stock'S (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 ----------

179,721.28 726,467.90 57,336.61 50,000.00
None 566,494.22
33,333.33 None
None None None

Total Assets -----------------------------$ 1,613,353.34

LIABILITIES Demand deposits ------------------------------ $ TDiempeosidtespoosfitUs .--S--.---G---o-v--e--r-n--m---e-n--t-_-_-_-_-_-_-_-_--Deposits of States and political Despuobsditisvisoifonbsan-k-s--__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-
Other deposits (certified and officers' checks, etc.) ________________
Bills !)ayable________________________________
Acceptances executed by or for account of this bank and outstanding -------------------------------
Other liabilities ----------------------------Capital -------------------------------------------Surplus --------------------------------------------Undivided profits ------------------------------Reserves -----------------------------------------------

861,073.99 452,127.59
64,912.68
54,732.10 None
116.95 None
None None 50,000.00 50,000.00 80,390.03 None

Total Liabilities --------------------------- $ 1,613,353.34

STATEMENT

Showing condition at the close of business December 31, 1954, of

UNION COUNTY BANK Blairsville, Ga.

As called for by the Superintendent of Banks

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

CATHERINE D. JARRETT, Cashier.
Began Bu~iness: 3-1-1950

ASSETS

Cash, balances with other banks, in-

cluding reserve balanoos, and cash items In process of collection________$ 249,561.88

United States Government obligations, direct and guaranteed.________ 360,898.44

Obligat_i~n~ of States and political
SUbdlVlSlODS -----------------------------------
Other bonds, notes, and debentures

None None

Corporate stockls (including stock of Federal Reserve Bank) _____________

None

Loans and discounts (Including

overdrafts) ----------------------Bank premises owned, furniture and

233,789.08

fixtures ----------------------------Real estate owned other than bank

5,393.11

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

216.34

or erc toltyh errerperae ls eensttiantge __b__a__n__k_____n_r__e__m___l_s_e__s_

None

Customers' liability to this bank on acceptances outstanding______________

None

Other

as~ets

----

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

-

None
--

Total Assets ---------------------$ 849,858.85

LIABILITIES Demand deposits --------------------------------$ Time deposits ------------------------------------Deposits of U. S. Government____________ Heposits of States and political
Despuobsditisvisoifonbsa-n-k-s-_-_-__-_-__-_-__-_-_-__-_-__-_-__-_-__-_-_-__-_-_
Other deposits (certified and officers' checks, etc.) __________
Bills payable -----------------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------Other l!abillties -----------------------------------Capita1 --------------------------------------------Surplus ----------------------------------------------Undivided profits ------------------------------Reserves -----------------------------------------------

423,663.64 257,399.65
3,655.07
96,679.98 None
1,435.82 None
None 5,714.60 50,000.00 10,000.00 1,310.09
None

Total Liabllltles -------------------------- $ 849,858.85

l

22

DEPARTMENT OF BANKING

STATEMENT

Showing condition at :the close of business December 31, 1954, of

BANK OF EARLY Blakely, Ga.

As called for by :the Superintendent of Banks

R. C. SINGLETARY, JR., President.
Date of Charter: 4-3-1941

E. T. CRAWFORD, Cashier.
Began Business: 4-28-1941

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 subGivis!ons ____ Other bonds, notes, and debentures Corporate stockls (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' llabll!ty to this bank on acceptances outstanding_______
Other assets
Total Assets ----------$

419,249.56 604,554.38
None None None 591,175.24 22,020.00 None
None None 160.00 1,637,159.18

LIABILITIES

Demand deposits __

$

Time deposits

Deposits of U. S. Government______

Deposits of States and political

Despuobsdiitvsisoifonbsa_n_ ks________________

Other deposits (certified and offi-

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

Bllls payable -------------------Acceptances executed by or for
account of this bank and out-

standing ------------------Other llab!llties -----------------------Capital -------------------Surplus -------------------------------Undivided profits --------------
Reserves ------------------------------

908,066.15 369,889.83
8,911.42
236,471.65 None
1,376.07 None
None 300.00 30,000.00 50,000.00 32,144.06 None

Total Liabilities -------------------------- $ 1,637,159.18

STATEMENT

Showing condition at :the close of business December 31, 1954. 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........$ United States Government obl!gat!ons, direct and guaranteed.......... Obl!gat!ons of States and pol!tlcal subdivisions -------------Other bonds, notes, and debentures Corporate stockls (Including stock of Federal Reserve Banlc) ------------------ 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' l!abll!ty to this bank on acceptances outstanding_________ Other assets ----------
Total Assets -------------$

1,485,907. 78 458,700.00 None None None
1,378,500.25 14,487.21 None
None None 124.29 3,337,119.53

LIABILITIES Demand deposits --------------------$ DTiempeosidtespoofsitUs . -S-.--G-o-v-e-rn-m--e-n-t_-_-__-_-_-_
Deposits of States and political
Despuobsdiitvs isoifonbsan-k-s-__-_-__-__-_-__-__-_-__-__-_-__-__-_-__-__-_-__-_
Other deposits (certified and off!
Bi~~rs~;~:~~es~-_:~~-::::=::-.=-.:::-.=-.:=::::
Acceptances executed by or for account of this bank and out-
standing --------------------Other llab!llt!es -----------------------Capital---------------------Surplus --------------------Undivided profits ----------------
Reserves -------------------------------

1,903,486.23 818,525.61 4,250.11
282,879.53 None
9,228.09 None
None 12,054.69 50,000.00 100,000.00 146,794.67 10,500.00

Total Liab!llt!es --------------------------$ 3,337,119.53

THIRTY-FIFTH ANNUAL REPORT

23

STATEMENT

Showing condition at :the close of business December 31, 1954, of

FANNIN COUNTY BANK Blue Ridge, Ga.

As called for by :the Superintendent of Banks

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

BETTY RALSTON, Cashier.
Began Business: 6-6-1916

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection........$ United States Government obligations, direct and guaranteed .....____ Obligati~n~ of States and political
SubdlVlSlODS ----------------------------
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-
rect.ly representing bank premises or other real estate____________________________
Customers liability to this bank on acceptances outstanding_______________
Other assets ---------------------------------

635,214.34 847,752.00 189,736.00
10,000.00 None
547,312.71 4,500.00 1.00
None None None

Total Assets ___ ------------------------------$ 2,234,516.05

LIABILITIES Demand deposits ----------------------------$ TDiempeosidtespoosfitUs .--S-. -G--o-v-e-rn-m--e-n-t.-_-_-_-__-_Deposits of States and political
Despuobsdiitvs isoifonbsa-n-ks-_-__-__-__-__-__-__-__-__-__-__-__-__-__-__-_
Other deposits (certified and officers' checks, etc.) -------------------
Bills payable --------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------Other liabilities -----------Capital----------------------Surplus ---------------------Undivided profits ------------Reserves ----------------------------

854,223.50 863,213.43
44,788.70
282,295.05 None
9,004.61 None
None 112.52 50,000.00 50,000.00 80,878.24 None

Total Liabilities --------------------------- $ 2,234,516.05

STATEMENT

Showing condition at the close of business December 31, 1954, 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........$ 159,435.84

United States Government obligations, direct and guaranteed.....____

75,000.00

Obligations of States and political

subdivisions ------------------------------

None

Other bonds, notes, and debentures Corporate stock'S (Including stock of

;w .;,

None

Federal Reserve Bank)___

None

Loans and discounts (including

overdrafts) --------------------------Bank premises owned, furniture and

106,443.82

fixtures ------------------Real estate owned other than bank

3,222. 72

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

None

rectly representing bank premises or other real estate____________

None

Customers' liability to this bank on acceptances outstanding_________

None

Other assets ---------------------------

358.20

Total Assets ------------------------------$ 344,460.58

LIABILITIES Demand deposits ------------------------$ DTiempeosidtespoosfitUs .--S-.--G-o-v-e-r-n-m--e-n-t-_-_-_-_-_-_-_
Deposits of States and political

subdivisions ---------------Deposits of banks......-------------------------Other deposits (certified and offiBicllesrs'pacyhaebclkes_,__e_tc_._)__-_-__-_-__-_-__-_-__-_-_

Acceptances executed by or for

account of this bank and out-

standing-----------------

Other liabilities

_

Capital -------------------------------Surplus ----------------------Undivided profits --------Reserves -----------------

229,827.70 54,136.32 None
19,710.14 None
None None
None None 25,000.00 5,000.00 10,786.42 None

Total Liabllities ___ ---------------------- $ 344,460.58

-,

24

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954. of

THE COMMERCIAL BANK Bowdon. Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash. balances with other banks, In
eluding reserve balances, and cash Items In process of collection........$ United States Government obligations, direct and guaranteed_______ Obligations of States and political subdivisions -------------------------------------Other bonds, notes, and debentures Corporate stocks (Including stock of Federal Reserve Bankl) -:---:--:,-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_::-:--::---:-Cuasctcoempetarsn'celisaboiulittsytantodinthgi_s___b_a__n_k___o_n_
Other assets -----------

603,961.41 928,371.88
8,600.00 None None
435,856.73 2,850.00 None
None None None

Total Assets ---------------------------$ 1,979,640.02

LIABILITIES Demand deposits --------------$ TDiempeosidtsepofosUi.tsS-.--G-o-v-e-r-n-m--e-n-t_-__-__-__-__-__-_
Deposits of States and political Despuosbitsdoifvbiasnkiso__n___s__-__-__-__-___-__-__-__-__-__-_
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 -----------------------------------------------

1,673,533.21 18,393.89 2,725.70
56,110.75 None
4,048.95 None
None None 25,000.00 50,000.00 140,000.00 9,827.52

Total Liabilities ------------------------- $ 1,979,640.02

STATEMENT

Showing condition at the close of business December 31, 1954, of

BRASELTON BANKING COMPANY Braselton, Ga.

As called for by the Superintendent of Banks

W. H. BRASELTON, President.
Date of Charter: 12-13-1948

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

ASSETS

Cash, balances with other bll!nks, In-

cluding reserve balances, and cash

items In process of collection........ $ 90,453.54

United States Government obligations, direct and guaranteed _______

331,037.65

Obligations of States and political

subdivisions ------------Other bonds, notes, and debentures

None 82,ti04.62

Corporate stocks (including stock of Federal Reserve Banill) ____________

None

Loans and discounts (Including

overdrafts) ---------------------------Bank premises owned, furniture and

26,237.21

fixtures -----------------------Real estate owned other than bank

3,436.69

premises -------------Investments and other assets Indi-

None

roerc toltyh erre pr er easl eensttiantge __b__a__n___k____p___r_e__m___i_s__e_ _s_

None

Customers' liability to this bank on

acceptances outstanding_________________

None

Other assets ------------------------- - -55-.93
Total Assets __________________$ 533,725.64

LIABILITIES Demand deposits ---------------------------- $ TDiempeosidtespoosfitUs . --S--.---G---o-v--e-r-n--m---e-n--t_--_--_-_-_-__-_-_-_-_-_ Deposits of States and political Despuobsditisvisoifonbsan-k-s-_-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-_-__-_-__-_-_
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------------------------------------------

303,845.66 None None
129,000.00 None None None
None None 25,001}.00 50,00().00 25,879.98 None

Total Liabilities ------------------- $ 533,725.64

l

THIRTY-FIFTH ANNUAL REPORT

25

STATEMENT

Showing condition at the close of business December 31, 1954, of

COMMERCIAL &: EXCHANGE BANK Bremen, Ga.

As called for by the Superintendent of Banks

J. S. McEACHERN, President.
Date of Charter: 1-18-1949

CLARK STAPLER, Cashier.
Began Business: 2-1-1949

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 premises owned, furniture and fixtures -------------------------------------Real estate owned other than bank premises -------------------Investments and other assets Indiorercotltyherrerperaesl eensttiantge__b__a__n__k____p_r__e_m___i_s__e_s_
Customers' liability to this bank on acceptances outstanding_______________
Other assets ---------------
Total Assets _____________$

1,165,263.69 1,020,218. 75
33,942.84 None None
670,942.15 12,539.52
None
None None 1,247.92 2,904,154.87

LIABILITIES
Demand deposits --------------$
Time deposits -----------------------------------Deposits of U. S. Government..__________ Deposits of States and political Despuobsdiitvs isoifonbsan-ks-_-__-__-_-__-_-__-__-_-__-_-_
Other deposits (certified and offiBicllesrsp' acyhaebclkes_,__et_c_._) _---------------_Acceptances executed by or for
account of this bank and out-
standing -----------------------------Other llabillties ----------------------------------Capita! ----------------------------------------------Surplus ---------------------------------------------Undivided profits ----------------------------Reserves --------------------------------------

1,953,861.07 455,365.13 169,510.80
92,684.26 2,471.17
12,304.14 None
None 5,000.00 50,000.00 100,000.00 62,958.30
None

Total Liabilities ------------------------- $ 2,904,154.87

STATEMENT

Showing condition ai the close of business December 31, 1954. of

FARMERS &: MERCHANTS BANK Brooklet, Ga.

As called for by the Superintendent of Banks

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

H. M. ROBERTSON, JR.,

,

Cashier.

Began Business: 2-17-1948

ASSETS

Cash, balances with other banks, In-

eluding reserve balances, and cash

Items in process of collection........$ 297,032.49

United States Government obliga-

tions, direct and guaranteed ________ 313,410.87

OWigations of States and political

subdivisions ------------------------Other bonds, notes, and debentures

None None

Corporate stocks (Including stock of

Federal Reserve Bank)-------------

None

Loans and discounts (Including

overdrafts) ---------------------------------- 240,163.48

Bank premises owned, furniture and

fixtures ------------------------------------

2,915.36

Real estate owned other than bank

premises -----------------------------------------

None

Investments and other assets Indi-

orercotltyherrerperaelseensttiantge __b__a__n__k____p_r__e_m___i_s__e_s

None

Customers' liability to this bank on

acceptances outstanding_____________

None

OtheTr otaaslseAtssse-t-s---_-_-_-__-_-_-__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-__--$

None
----
853,522.20

LIABILITIES Demand deposits ------------------------------$ TDiempeosidtespoosfitUs .--S--.---G--o--v--e-r--n-m---e--n--t-__-_-_-_-_-__-_-_-_-_
Deposl~s. _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 -----------------------------------------------

553,759.78 209,797.02
427.99
1,786.81 None
9,289.65 None
None None 25,000.00 25,000.00 11,460.95 17,000.00

Total Liabilities ------------------------ $ 853,522.20

1

26

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

HARALSON COUNTY BANK Buchanan, Ga.

As called for by the Superintendent of Banks

H. S. McCALMAN, President.
Date of Charter: 3-3-1909

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

ASSETS Cash, balances with other banks, !n-
clnding 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 stoc.kJS (Including stock of Federal Reserve Bank) ______
Loans and discounts (lnrluding 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......,::-:-~--o- Customers' liability to this bank on acceptances outstanding_ _ _ __
Other assets ---------------
Total Assets -------$

643,349.21 392,000.00
10,951.50 None None
536,373.99 24,041.78 1.00
None None None 1,606,717.48

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 outstanding .............................................. Other liabilities .................................... CSuarppitlauls ___._._._._______-_-__-_-_-__-_-__-_-_-__-_-_-__-_-__-_-_-__-_-_-__-_-__-_-_-__--
Undivided profits ------------Reserves ---------------------------

996,065.85 93,803.68 5,137.50
367,132.40 None
1,202.63 None
None 5,050.00 40,000.00 60,000.00 33,325.42 5,000.00

Total Liabilities _

------------ $ 1,606,717.48

STATEMENT

Showing condition at the close of business December 31, 1954, 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-

cluding reserve balances, and cash Items in process of collection........$ United States Government obligations, direct and guaranteed ________

Obligations of States and political

subdl>isions ---------~ -~-----

__ __

Other bonds, notes, and debentures_

Corporate stoc.kJS (Including stock of Federal Reserve Bankll-,.,--:~:-
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' llab1I!ty to this bank on acceptances outstanding______

Other assets

216,012.23 524,900.00 133,986.27
None None 617,990.24
2.00 1.00
None None None

Total Assets -----------$ 1,492,891.74

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
satcacnoduinntg _o__f____t_h__i_s_..__b__a__n__k_____a__n__d_____o__u__t_-_

Other liabilities ---------------------------------Capital ------------------------------------------------- Surplus -----------------------------Undivided profits -----------------Reserves ---------------------------

772,987.83 105,554.28
18,989.27
431,602.62 None
2,679.89
~one
None None 30,000.00 70,000.00 1,077.85 60,000.00

Total L!ab!l!t!es ---------------------- $ 1,492,891. 74

THIRTY-FIFTH ANNUAL REPORT

27

STATEMENT

Showing condition aJ: the close of business December 31, 1954, of

BUFORD COMMERCIAL BANK Buford, Ga.

As called for by the Superintendent of Banks

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

J. F. HAMILTON, Cashier.
Began Business: 2-11-1946

ASSETS Cash, balances with other banks, in-
cluding reserve balanoes, and cash items in process of collection........$ United States G<Jvernment obligations, direct and guaranteed.____ Obligations of States and political subdivisions ----------------------------------Other bonds, notes, and debentures.... Corporate stockJS (including stock of Federal Reserve BankJ) ----------------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 -----------------------------------

373,147.97 1,186,318.10
39,885.11 None None
400,415.36 13,o74.67
None
None None 608.00

Total Assets -------------------------------$ 2,014,549.21

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 liablllties ----------------------------Capital ---------------------------------------- Surplus ----------------------------------------- Undivided profits ------------------------Reserves --------------------------

1,136,572.20 188,320.70 &5,553.42
441,013.60 None
177.92 None
None None 50,000.00 50,000.00 30,920.71 21,990.66

Total Liablllties

- ----- $ 2,014,549.21

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE CITIZENS STATE BANK Butler, Ga.

As called for by the Superintendent of Banks

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

MAESAL E. CHILDRES, Cashier.
Began Business: 9-4-1926

ASSETS

Cash, balances with other banks, ln-

cludlog reserve balanoes, 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 stockJS (including stock of

Federal Reserve Bani;,)------------------ 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' liablllty to this bank on acceptances outstanding_______

Other assets ------------

Total Assets -------------------*

484,543.81 804,500.00
5,000.00 None None
463,723.77 5,229.77 None
None None None 1,762,997.35

LIABILITIES Demand deposits --------$ TDiempoesidtespoofsitUs . -S-.--G-o-ve-r-n-m-e-n-t-_-_-_-__-Deposits of States and political Despuobsdiitvs isoifonbsan-ks_-_-_-__-_-__-_-__-_
Other deposits (certified and officers' checks, etc.) ___
Bills payable ---------------Acceptances executed by or for
account of this bank and outstanding Other liablllties Capital ---------Surplus -----::-:-------Undivided profits
Reserves ---------------

1,198,701.24 158,311.79 10,727.50
199,523.86 22,026.29
5,145.98 None
None None 15,000.00 85,000.00 68,560.69 None

Total Llabll!tles ------------$ 1,762,997.35

28

DEPARTMENT OF BANKING

STATEMENT

Showing condi:tion at the close of business December 31, 1954, of

BANK OF BYROMVILLE Byromville, Ga.

As called for by the Superintendent of Banks

E. B. DAVIS, President.
Date of Charter: 7-19-1920

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

ASSETS Cash, balances with other banks, ln-
clndlng 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 stoclcs (including stock of
Federal Reserve Bank) _______ T.oans 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 __

$

164,679.46 125,000.00
None None None 221,010.29 150.00 None
None None None 510,839.75

LIABILITIES Demand deposits --------$
TDiempeosidtespoosfitUs .-S-. Gov-ernm--en-t-__-_-_-_-.
Deposits of States and political
subdivisions -----------Deposits of banks-------- Other deposits (certified and offi-
cers' checks, etc.) ------ Bllls payable ---- Acceptances executed by or for
account of this bank and outstand~ng ------------Other liabilities --------------
Capital ------ Surplus ------------Undivided profits Reserves ----

368,437.43 38,875.67
None
27,540.26 None
4,956.58 None
None 2,000.00 30,000.00 10,000.00 29,029.81
None

Total Liabilities ---$ 510,839.75

STATEMENT

Showing condition at the close of business December 31, 1954, of

CAIRO BANKING COMPANY Cairo, Ga.

As called for by the Superintendent of Banks

H. E. McKINNON, President.
Date of Charter: 11-23-1903

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

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash Items In process of collection........ $ United States Government obligations, direct and guaranteed....Obligatlons of States and political subdivisions ---Other bonds, notes, and debentures.... Corporate stocks (including stocl< or 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 -----------

1,594,038.85 1,204,656.25
80,961.61 None None
1,614,802.04 20,000.00 None
None None 5,123.36

Total Assets ---------$ 4,519,582.11

LIABILITIES

Demand deposits ---------$

Time deposits Deposits of U.

s--.--G--o--v-e-r-n--m--e-n-t-__-_-_-__-_-__-_-_-_

Deposl~s. _of States and political

SUbdiVlSlOllS ---------------------
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 liabillties ------ Capital --------------Surplus ------------------Undivided profits ---------
Reserves --------------------------------------

2,139,942.61 1,433,745. 78
61,191.01
644,125.05 9,000.00
7,964.96 None
None 9,000.00 75,000.00 60,000.00 79,612.70
None

Total Liabilities ------ $ 4,519,582.11

1

THIRTY-FIFTH ANNUAL REPORT

29

STATEMENT

Showing condition at the close of business December 31, 1954, of

CITIZENS BANK Cairo, Ga.

As called for by ihe Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection........$
United States Government obUca
tions, direct and guaranteed.....Obllgations of States and political
subdivision& -------------Other bonds, notes, and debentures Corporate stock'S (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 lndi
reCtly representing bank premises or other real estate........._ .._____ Customers' liability to this bank on acceptances outstanding.............._ ... Other assets ........................................

997,554.24 740,406.25 140,528.15
None None 1,057,048.20 32,556.73 None
None None 3,371.48

Total Assets ..................................$ 2,971,465.05

ASSETS Demand deposits .................................. $
Time deposits - - - - - - - - - Deposits of U. S. Government ........... Deposits of States and political
snbdivisions ----- 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 ----

1,585,322.04 784,025.33 27,648.37
294,828.22 67,174.50
3,884.69 None
None 3,030.00 50,000.00 100,000.00 13,165.51 42,386.39

Total Liabilities .......................... $ 2,971,465.05

STATEMENT

Showing condition at ihe close of business December 31, 1954, of

BANK OF CAMILLA Camilla, Ga.

As called for by ihe 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 with otner 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 stock'S (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___________
Ot!1er assets ................_..........._____

358,366.50 577,500.00
60,972.74 None None
746,772.08 37,860.05
1.00
None None None

Total Assets ---------------$ 1,781,472.37

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 liabillties ....................................
Capital .............-----------------------Surplus .................................................. Undivided profits ........................- ....
Reserves ---------------------------------

765,459.33 404,556.95-
4,469.81
489, 116.60 None
18,281.5f None
None None 50,000.00 25,000.00 14,457.60 10,130.57

Total Liabilities ......................... $ 1,781,472.37

l

30

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

PLANTERS 8r: CITIZENS BANK Camilla, Ga.

As called for by the Superintendent of Banks

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

JOE B. ADAMS, Cashier.
Began Business: 5-24-1913

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 subdlvisions ---------------------------------Other bonds, notes, and debentures____ Corporate stockls (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 -----------------------
Total Assets ---------------------$

780,225.27 271,000.00
None None None 1,536,331.63 22,750.00 5,739.48
None None None 2,616,046.38

LIABILITIES
Demand deposits -------------------$
TDiempeosditespoosfitUs . -S-.-G-o-v-e-rn-m-e-n-t__-__-___-__-__
Deposits of States and political
Despuobsdiitsvisoifonbsan-k-s-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and officers' checks, etc.) ---------------------
B!lls payable ---------------Acceptances executed by or for
account of this bank and out-
standing ---------------------------------------Other llabll!ties ---------------------------------Capital --------------------------------------Surplus -------------------------Undivided profits --------------------------Reserves -----------------------------

1,158,285.26 975,153.39 24,5&5.74
205,712.60 None
23,390.()7 None
None None 50,000.00 130,000.00 23,478.25 25,441.07

Total Llab!lltles ---------------------$ 2,616,046.38

STATEMENT

Showing condition at the close of business December 31, 1954, 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. McCANLESS, Cashier.
Began Business: 12-18-1892

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 stockls (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-
or ercot ltyh errerperaels eensttiantge __b_a_n_k__p_r_e_m__i _s e_s_
Customers' llabll!ty to this bank on acceptances outstanding,_ _ __
Other assets

~75,047.50
2,534,655.18 379,599.08 50,000.00 None
1,441,913.53 22,555.69 None
None None 1,062.75

Total Assets _________$ 5,004,833.73

LIABILITIES

Demand deposits

.. $

DTiempeosidtespoosfitUs . --S-.---G-o--v-e--rn--m--e-n--t_-_-_-_-__-_-_-_-_

Deposits of States and political

Despuobsditisv i soifo nbsa n- k s _-_- _ _-_ - _ _-__-

Other deposits (certified and offi-

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

Bllls payable --------------Acceptances executed by or for

account of this bank and out-

standing ----------Other llablllties --------Capital -Surplus _

Undivided profits -----------

Reserves ----------------

2,063,254.22 1,900,675.28
155,562.22
331,762.39 69,388.39
'1',886,81 None
None 82,698.01 100,000.00 150,()00.()0 79,363.41 64,243.00

Total Llabllltles ----------------$ 5,004,833.73

THIRTY-FIFTH ANNUAL REPORT

31

STATEMENT

Showing condition at the close of business December 31, 1954, 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, including reserve balances, and cash Items in process of collection________ $

811,243.99

United States Government obligations, direct and guaranteed________ 1,414,957.36

Obligations of States and political

subdivisions --------------Other bonds, notes, and debentures

219,1i99.49 None

Corporate stocks (including stock of Federal Reserve Bank)___________

None

Loans and discounts (including_

overdrafts) __

1,795,993.35

Bank premises owned, furniture and

fixtures ------------------------Real estate owned other than bank

21,295.11

premises ----------------------------------------Investments and other assets indi-
rectly representing bank premises or other real estate__________________________

None None

Customers' liability to this bank on acceptances outstanding______________

None

Other assets ----------------------------

None

Total Assets ____________$ 4,269,089.30

LIABILITIES Demand deposits -----------------------$ DTiempoesidtespoofsitUs . --S--.--G---o-v--e-r-n--m--e--n-t-_-_-_-__-_-_-__-_-_-_
Deposits of States and political Despuobsditisvisoifonbsan-k--s-_---_---_---_---_---_----_---_---_---_-
Other deposits (certified and officers' checks, etc.) --------------------------
Bills payable ---------------------------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------------------------Other liabilities --------------------------------Capital --------------------------------------------Surplus ----------------------------Undivided profits --------------------------Reserves -----------------------------------

1,727,413.45 1,915,936.26
44,461.80
238,847.80 43,782.98
90.49 None
None
9,~96.87
100,000.00 150,000.00
38,859.65 None

Total Liabilities

$ 4,269,089.3()

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE PEOPLES BANK Carrollton, Ga.

As called for by the Superintendent of Banks

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

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

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~l~n~ of States and political SUbdtVlSlOnS ----------------------------------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 tndl-
rectly representing bank premises or other real estate___________________ Customers' liability to this bank on acceptances outstanding____________
Other assets ---------------------

877,686.31 1,923,156.25
15,000.00 None None
1,002,306.17 14,001.00 None
None None None

Total Assets -------------$ 3,832,149.73

LIABILITIES
Demand deposits -----------------------------$
Time deposits --------------------------------------Deposits of U. S. Government____________ Deposits of States and political Despuobsditisvisoifonbsan-k-s-_-__-_-__-__-_-__-_-__-__-_-__-_-__-__-_-__-_-__-__-_-_
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 --------------------------------

3,023,243.37 None
132,879.90
230,715.76 None
8,754. 75 None
None None 100,000.00 100,JOO.OO 50,188.15 186,367.80

Total Liabilities -------------------------- $ 3,832,149. 73

1

32

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, 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, including reserve balances, and cash items in process of collection........$
United States Government obligations, direct and guaranteed_____
Obliga~i<?n~ of States and political
subdiVlSlODS -------------------------------------
Other bonds, Lotes, and debentures____ Corporate stock'S (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-
roerctoltyherrerperaelseensttiantge__b_a__n_k___p__r_e_m__i_s_e_s
Customers' liability to this bank on acceptances outstanding__________
Other assets -----------------
Total Assets ------------$

284,216.58 87 4,081.46
69,656.74 None None
822,062.32 76,795.71 None
None None 5,284.90 2,132,097.71

LIABILITIES

Demand deposits ---------------------$

TDiempeosidtespoosfitus .

__ ---------------------------------S. Government_ __

Deposits of States and political

Despuobsdiitvs isoifonbsan-k--s-_--_--_--_--_-_--_--_--_--_--_--_-_--_--_--_--_--_

Other deposits (certified and offi-

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

standing ---------------------------------------------Other liabilities -----------------------------------Capital ---------------------------------------------SurpIus --------------------------------------------Undivided profits -------------------------------Reserves ------------------------------------------------

918,891.45 680,960.19 38,751.40
252,079.90 None
1,269.94 None
None 26,456.53 100,000.00 75,000.00 24,711.59 13,976.71

Total Liabilities --------------------------$ 2,132,097.71

STATEMENT

Showing condition at the close of business December 31, 1954, 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 obligations, direct and guaranteed ________ Obligations of States and political subdivisions -------------------------Other bonds, notes, and debentures __ Corporate stock'S (including stock of Federal Reserve Bank)------------------Loans and discounts (including overdrafts) ---------------------------------------llank premises owned, furniture and fixtures -------------------------------------------'Real estate owned other than bank premises ------------------------------------------lnvestments and other assets indirectly representing bank premises or other real estate____________________________
Cuasctocempetarsn'ce!!saboiulittsytantodinthgi_s____b__a__n__k____o__n_
Other assets -----------------------------------

345,333.00 1,094,191.00
72,795.16 None None
480,526.63 1,500.00 500.00
None None None

Total Assets -------------------$ 1,994,845. 79

LIABILITIES Demand deposits -------------------------------- $ Time <leposits ---------------------------------------Deposits of U. S. Government____________ Deposits of States and political
Despuobsditisviso!fonbsan-k-s--_-_-__-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-_
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 ------------------------------------------------

1,079,066. 78 521,593.59 71,002.03
187,881.31 None
858.21 None
None
:.o,ooNoo.onoe
50,000.00 8,996. 75
25,447.12

Total Liabilities ------------------------ $ 1,994,845. 79

1

THIRTY-FIFTH ANNUAL REPORT

33

STATEMENT

Showing condition al: the close of business December 31, 1954, of

BANK OF CHICKAMAUGA Chickamauga, Ga.

As called for by the Superintendent of Banks

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

N. COLLINS WRIGHT, Cashier.
Began Business: 5-10-1910

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 subd!visions -------------------Other bonds, notes, and debentures ____ Corporate stockls (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 Indiroerctoltyherreprereasl eensttiantge__b__a__n__k_____p__r_e__m___i__s_e__s_
Customers' liability to this bank on acceptances outstanding__________________
Other assets -------------------------------------

312,773.28 983,374.81 81,873.90
5,000.00 None
112,191.64 15,208.00
None
None None None

Total Assets ---------------------------------$ 2.110,421.63

LIABILITIES Demand deposits ------------------------------- $ Time deposits ------------------------------Deposits of U. S. Government____________ Deposits of States and political
subdivisions ----------------------------------Deposits of banks-------------------------Other deposits (certified and off!-
cers' checks, etc.) -------------------------Bills payable --------------------------------Acceptances executed by or for
account of this bank and out-
standing -------------------------Other liabilities -------------------------- Capital ------------------------------------------Surplus -------------------------------------Undivided profits ----------------------
Reserves ----------------------------------------------

941,833.84 759,645.24 134,098.48
78,958.88 None
5,937.25 None
"<one 10,431.51 50,000.00 75,000.00
4,516.43 50,000.00

Total Liabilities --------------------------.$ 2,110,421.63

STATEMENT

Showing conditional: the close of business December 31, 1954, 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........$ C"nlted States Government obligations, direct and guaranteed_________ Obllga~i~n~ of States and political
subdlVlSlOllS ------------------------------------
Other bonds, notes, and debentures.... Corporate stockls (Including stock of
Federal Reserve Bank)------------------Loans and discounts (including
overdrafts) ----------- ---------------------------Bank premises owned, furniture and
fixtures ---------------------------------------------Real estate owned other than bank
premise'; -------------------------------------------Investments and other assets indi-
or ercot ltyh errerperae ls eensttiantge __b___a__n__k_____p__r_e__m___i__s_e__s_
Customers' liability to this bank on acceptances outstanding______
Other assets ----------------------------------------
Total Assets --------------------------$

5:>9,597.24 981,095.63
3,000.00 None None
620,146.27 6,699.00 1.00
None None None 2,170,539.14

LIABILITIES Demand deposits ---------------------------------$ Time deposits ---------------------------------Deposits of U. S. Government____________
Deposi~s. _of States and political DespuobdsIiVtsISoIOf nbSan-k-s--__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__
Other deposits (certified and officers' checks, etc.) -------------------------
Bills payable ---------------------------------------Acceptances executed by or for
account of this bank and out-
standing -------------------------------------Other llabll!ties --------------------------------- Capital -------------------------------------------------Surplus -----------------------------------------------lJndivided profits -----------------------------Reserves -------------------------------------------------

1,104,810.95 388,954.76 32,505.00
447,145.35 None
6,670.04 None
None 282.14 25,000.00 75,000.06 90,170.90 None

Total Liabilities -------------------------- $ 2,170,539.14

-,

34

DEPARTMENT OF BANKING

STATEMENT

Showing condition a:t :the close of business December 31, 1954, of

HABERSHAM BANK Clarkesville, Ga.

As called for by :the Superinfenden:t 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, 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 stockls (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 -----------

212,854.97 834,181.75
16,000.00 None None
772,751.28 14,176.01 None
None X one 461.34

Total Assets ----------------------$ 1,850,425.35

LIABILITIES Demand deposits ------------------------------ $ Time deposits --------------------- ----------------Deposits of U. S. GovernmenL_________ Deposi~s. _of States and political
DespuobsdittVsISolOf llbSan-k--s--_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_--_---------
Other deposits (certified and officers' checks, etc.) ---------------------------
Bills payable -------------------------------Acceptances executed by or for
account of this bank and out-
standing -----------------------Other liabilities -----------------------------Capital --------------------------------------------------Surplus ---------------------------------------------- Undivided profits -----------------------------Reserves ------------------------------------------------

1,029,562.58 602,547.60 19,020.69
29,722.20 None
6,767.71 None
None None 50,000.00 100,000.00 12,804.57 None

Total Liabilities _________________________.$ 1,850,425.35

STATEMENT

Showing condition a:t ihe close of business December 31, 1954, of

THE CLAXTON BANK Claxton, Ga.

As called for by the Superintendent of Banks

G. E. PERRY, President.
Date of Charter: 2-24-1941

ROY STYLES, Cashier.
Began Business: 2-24-1941

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 stock'S (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

244,998.82 280,701.57 214,222.37
None None 391,266.93 4,529.30 None
None None None

Total Assets .

1,135,718.99

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

628,826.42 179,655.07
10,799.25
115,382.59 None
761.10 None
None None 50,000.00 60,000.00 90,294.56 None

Total Liabilities ----------------------$ 1,135,718.99

THIRTY-FIFTH ANNUAL REPORT

35

STATEMENT

Showing condition af: the close of business December 31, 1954, of

TIPPINS BANKING CO., INC. Claxton. Ga.

As called for by the Superintendent of Banks

R. R. TIPPINS, JR., President.
Date of Charter: 8-30-1940

S. J. WATERS, Cashier.
Began Business: 9-3-1940

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 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

489,204.47 360,000.00
37,507.83 None None
377,335.89 4,797.11 None
None None None

Total Assets -------------------$ 1,268,845.30

LIABILITIES Demand deposits -------------------$ TDiempeosidtespoofsitUs . --S-.--G--o-v--e-r-n-m--e-n-t-_-__-__-_-__-__-_-_
Deposits of States and political
Despuobsdiitsvisoifonbsan-k-s--_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_
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 ---------------------------------------------

890,302.62 138,114.75 4.9,858.44
54,322.61 10,000.00
1,958.36 None
None None 25,000.00 75,000.00 24,288.52 None

Total Liabilities ------------------------$ 1,268,845.30

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF CLAYTON Clayton, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, In-

eluding reserve balances, and cash items In process of collection_______$ 629,864.43

United States Government obliga-

tions, direct and guaranteed___

753,5!1!1.00

Obligations of States and political

subdivisions

:i3,500.00

Other bonds, notes, and debentures____

None

Corporate stocks (Including stock of

Federal Reserve Bank)------

None

Loans and discounts (Including

overdrafts) -------------------- 388,884.46

Bank premises owned, furniture and

fixtures --------------

13,500.00

Real estate owned other than bank

premises --------------

None

Investments and other assets Indi-

rectly representing bank premises or other real estate____________

None

Customers' liability to this bank on acceptances outstanding_____

None

- - - - Other assets --------------

None

Total .Assets ----------$ 1,839,248.89

LIABILITIES Demand deposits --------------$ DTiempoesidtespoofsitUs . --S-.--G--o-v--e-r-n-m--e-n--t-__-__-_-__-_-__-_-_
Deposits of States and political D espuobsdiitvs i soifo nbsa n-k s-_-_-_-_-_-_-_-_ -_ _- _-_-_-
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 --------------------

1,443,869.26 None
16,087.50
214,845.25 None
1,434.07 None
None 321.16 25,000.00 100,000.00 37,691.65 None

Total Liabilities -----------------$ 1,839,248.89

.,

36

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954. 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. C. DIXON, Cashier.
Began Business: 7-1-1946

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 premises owned, furniture and
Re~ft~~::te -(iw~e<i--otiler-i"'h_a_n-:-b-a-nk::

261,946.91 305,26I.Il
92,831.90 110,000.00
None 610,806.66
6,281.35

In~~~:~~~s-;;d-o_t_h-er_a_ss_et:-s--:-in-d-::1:--

None

roerctoltyherrepreraesl eensttiantge__b_a_n_k___p_r_e_m__i_s_es

None

Customers' liability to this bank on

acceptances outstanding_____

None

Other assets -----------------~N~o~ne

Total Assets ----------------------$ 1,387,127.93

LIABILITIES Demand deposits --------------------------$ TDiempeosidtespoosfitUs . --S--.---G--o--v--e-r-n--m---e-n--t-.-.-__-_-_-_-_-_-_-_ Deposits of States and political
subdivisions ------------------------Deposits of banks--------------------------------Other deposits (certified and offi-
cers' checks, etc.) ----------------Bills paya.ble ---------------------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------------------Other liabilities -----------------------------------Capital --------------------------------------------------Surplus ------------------------------------------Undivided profits -------------------------------Reserves -------------------------------------------------

703,804.38 102,522.46
7,492.18
129,456.08 None
1,295.11 None
None None 35,000.00 50,000.00 51,551.12 None

Total Liabilities -----------------$ 1,387,127.93

STATEMENT

Showing condition at the close of business December 31, 1954, of

COOK BANKING COMPANY 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-
cluding reserve balances, and cash items in process of collection__......$ United States Government obligations, direct and guaranteed_________ Obliga~i~n~ of States and political
SUbdiVlSIOllS --------------------------
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 -----------------------------------------

800,668.02 508,500.00
None None None 623,186.22 9,800.00 None
None None 1,400.00

Total Assets ---------------------------------$ 1,943,554.24

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

974,680.91 413,672.18
30,188.17
339,036.15 34,782.81
1,045.94 None
None None 60,000.00 35,000.00 35,148.08 20,000.00

Total Liabilities -------------------------- $ 1,943,554.24

THIRTY-FIFTH ANNUAL REPORT

37

STATEMENT

Showing condition at the close of business December 31, 1954, 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

ELIZABETH FISHER TAYLOR, 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 guaranteed _________ Obligations of States and political subdivisions ____ Other bonds, notes, and debentures____ Corporate stockls (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 ---------------------------------------

501,522.80 594,786.39 155,267.44 30,043.75
None 534,863.59
4,001.00 None
None None 859.26

Total Assets -------------------------------$ 1,821,344.23

LIABILITIES
Demand deposits ----------------$
Ttme deposits --------------------------------Deposits of U. S. Government___________ Deposits of States and political
Despuobsdiitvs isoifonbsan-k-s-_-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-_
Other deposits (certified and officers' checks, etc.) ------------------
Bills payable ---------------------------------------Acceptances executed by or for
account of this bank and out-
standing -----------------------------------Other liabilities ---------------------------------Cap!tal ------------------------------------------Surplus -------------------------------Undivided profits -------------------------------Reserves -------------------------------------------------

927,617.91 490,586.00
30,180.38
222,158.01 None
11,363.89 None
None 14,673.77 50,000.00 50,000.00 10,764.27 14,000.00

'l'otal Liabilities ___________________________ $ 1,821,344.23

STATEMENT

Showing condition at the close of business December 31, 1954, 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, 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 stockls (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 -------------------------$

370,170.13 936,242.19
6,000.00 None None
912,191.81 22,941.17
None
None None 7,930.80 2,255,476.10

LIABILITIES Demand deposits ----------------------------- $ Time deposits ----------------------------------Deposits of U. S. Government____________ Deposits of States and political
Despuobsdiitvs isoifonbsan-k-s-_-__-__-_-__-__-_-__-__-_-__-__-_-__-__-__-_-__-__-_-_
Other deposits (certified and officers' checks, etc.) ---------------
Bills payable -------------------------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------Other liabilities ------------------------------Capital --------------------------------------Surplus ------------------------------------------Undivided profits ----------------------------Reserves -------------------------------

1,231,626.34 G50,381. 79 6,974.47
166,183.26 29,033.26
320.000 None
None 48,829.67 50,000.00 45,00().0() 27,127.31
None

Total Liabilities ------------------------- $ 2,255,476.10

38

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

CITIZENS BANK Colquitt. Ga.

As called for by the Superintendent of Banks

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

G. C. JINKS, JR. Cashier.
Began Business: 4-21-1924

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 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' liabll1ty to this bank on acceptances outstanding____________
Other assets -----------------------------
Total Assets _________________________________$

693,447.39 503,944.94
32,410.21 None
3,600.00 1,382,698.51
None None
None None 20,236.00 2,636,337.05

LIABILITIES Demand deposits ----------$ TDiempeosidtespoosfitUs . --S-.--G--o-v-e-r-n-m-e-n--t_-_--__-__-_-__-_-_
Deposits of States and political
Despuobsdiitvs isoifonbsank-s-_-_-_-_-_-__-_-__-_-_-__-_-__-_-_-__-_-__-_-_-__-_-
Other deposits (certified and officers' checks, etc.) -------------------
Bills payable ---------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------Other liabilities -----------------------Capital ----------------------------------Surplus ----------------------------------Undivided profits ----------------------Reserves----------------------------------

1,566,740.48 691,009.12 55,249.11
115,814.72 None
6,232.75 None
None 27,226.74 60,000.00 60,000.00 29,064.13 25,000.00

Total Liabilities ----------------$ 2,636,337. 05

STATEMENT

Showing condition at the close of business December 31, 1954, of

COLUMBUS BANK AND TRUST COMPANY Columbus, Ga.

As called for by the Superintendent of Banks

J. J. PEASE, President.
Date of Charter: 12-24-1888

H. C. GOETTING, Cashier.
Began Business: 1872

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash items In process of collection_______ $ 11,197,Z67.22

United States Government obligations, direct and guaranteed_____ 9,202,953.04

Obligations of States and political

subdivisions -------------------Other bonds, notes, and debentures.... Corporate stocks (Including stock of
Federal Reserve Bank)_______ Loans and discounts (Including

754,409.20 23,500.00 135,916.75

overdrafts) ------------------------ 14,844,915.86

Bank premises owned, furniture and

fixtures -----------------------

614,165.9~

Real estate owned other than bank

premises ------------------Investments and other assets Indi-
rectly representing bank premises or other real estate_________________

None None

Customers' liability to this bank on acceptances outstanding_____

None

Other assets ---------------

16,760.98

Total Assets ---------------------------------$ 36,789,889.00

LIABILITIES

Demand deposits -----------------$ 19,405,805.39

TDiempeosidtespoosfitus.

------------------S. Government________

6,779,067.05 1,209,242.87

Deposits of States and political

Despuobsdiitsvisoifonbsank-s-_-_-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-__-_-

4,402,893.20 819,136.94

Other deposits (certified and offi-

cers' checks, etc.) -------------- 429,409.44

Bills payable ------------------------------Acceptances executed by or for

None

account of this bank and out-

standln& ---------------

None

Other liabilities ------------- 344,135.35

Capital ----------------------- 1,000,000.00

Surplus - - - - - - - - - - - - - 1,500,000.00 Undivided profits - - - - - - - - - - 900,198. 76

Reserves -------------------

None

Total Llab111ties ---------------------------$ 36,789,889.00

1

THIRTY-FIFTH ANNUAL REPORT

39

STATEMENT

Showing condition at the close of business December 31, 1954, 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 process of collection ______ $ United States Government obligations, direct and guaranteed Obliga~io_n~ of States and political
SUbdlV1Sl0llS -M-------------------------------0ther bonds, notes, and debentures _ Corporate stockiS (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-
orerctoltyherrerperaesl eensttiantge__b_a_n__i<____p_r_e_m___i_s_e_s
Customers' liability to this bank on acceptances outstanding____
Other assets --------------

73,025.08 None
21,000.00 None
1,510.46 i89,555.85
187.20 153,350.26
9,000.00 None 644.42

Total Assets --------------------$ 1,048,573.27

LIABILITIES Demand deposits -------------------------------$ Time deposits ----------------------------Deposits of U. S. Government___________
Deposits of States and political
Despuobsdiitvs isoifonbsan-k--s-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-_
Other deposits (certified and officers' checks, etc.) --------------------------
Bills payable ---------------------------------Acceptances executed by or for
account of this bank and out-
standing ----------------------------------Other liabilities ---------------------------------Capital ----------------------------------------------Surplus --------------------------------------------Undivided profits ----------------------------Reserves -----------------------------------------

X one 415,551.68
None
None None
None X one
:None 18,237.10 100,000.00 200,000.00 187,271.58 127,512.91

Total Liabilities

$ 1,048,573.27

STATEMENT

Showing condition at the close of business December 31, 1954. of

MERCHANTS &: FARMERS BANK Comer, Ga.

As called for by the Superintendent of Banks

F. H. MENDENHALL, President.
Date of Charter: 10-3-1935

R. G. CALLAWAY, Cashier.
Began Business: 10-10-1935

ASSETS Cash, balances with other banks, in-

cluding reserve balances, and cash Items in process of collection_______$ 204,314.54

United States Government obligations, direct and guaranteed_________

404,905.29

Obligation; of States and political subdivisions --------------------------
Other bonds, notes, and debentures____

15,747.87 None

Corporate stockiS (including stock of Federal Reserve Bank) ___________
Loans and discounts (including

None

overdrafts) --------------------------------Bank premises owned, furniture and

276,618.67

fixtures ----------------------Real estate owned other than bank

8,841.03

premises ------------------Investments and other assets indi-
rectly representing bank premises

None

or other real estate------::---;-Customers' liability to this bank on
acceptances outstanding_____

None None

- - - - Other assets - - - - - - - - - - - -

156.55

Total Assets ____________$ 910,583.95

LIABILITIES
Demand deposits ----------------------------- $ TDiempeosidtespoosfitUs . --S--.----G---o--v--e--r-n--m---e--n--t-_-_-_-_-_-_-_-_-_-_-_-_
Deposits of States and political
Despuobsditisvisoifonbsan-k-s-_-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-_
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 ----------------

588,945.81 142,938.81
13,024.04
99,557.83 None
138.43 !'lone
None None 25,000.00 20,000.00 20,979.03 None

Total Liabilities -------------------------- $ no,5s3.95

40

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

NORTHEASTERN 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 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 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 outstandlng...-----------
Other assets ----------------------

637,540.49 263,625.00
None None 2,250.00 680,812.09 21,767.50 None
None None None

Total Assets -------$ 1,605,995.08

LIABILITIES
Demand deposits ----$ Time deposits --- Deposits of U. S. Government............ Deposits of States and political
subdlvisions - 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 --------

1,194,898.06 136,560.12 3,356.25
88,287.11 None
14,569.33 None
None 3,300.00 50,000.00 25,000.00 79,688.21 10,336.00

Total Liabilities -----$ 1,605,995.08

STATEMENT

Showing condition at the close of business December 31, 1954, 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 process of collection........ $ United States Government obligations, direct and guaranteed..----Obliga~i~n~ of States and political
SUbdlVlSlOllS --------------------------------------
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-
roerctoltyherrepreraesl eensttiantge..b__a__n__k___p__r_e__m__i_s__e_s
Customers' liability to this bank on acceptances outstanding..............._.
Other assets ---
Total Assets ----$

246,436.09 150,000.00
None 20,000.00
None 53,801.60
220.15 1.00
None None None 470,458.84

LIABILITIES Demand deposits ----- $ Time deposits -------Deposits of U. S. Government. Deposits of States and political
subdivisions -- Deposits of banks.................................. Other deposits (certified and off!
cers' checks, etc.) ------- Bills payable ........................................ Acceptances executed by or for
account of this bank and out-
standing ---- Other liabilities ....................................
Capital - Surplus - Undivided profits ................................
Reserves -

3i5,789.99 16,G63.04 268.98
33,422.69 None
354.72 None
None None 25,000.00 15,000.00 3,959.42 None

Total Liabilities ........................ $ 470,458.84

,

THIRTY-FIFTH ANNUAL REPORT

41

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF ROCKDALE Conyers, Ga.

As called for by the Superintendent of Banks

G. C. SIMS, President.
Date of Charter: 10-15-1891

M. H. IVEY, Cashier.
Began Business: 6-1901

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 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 ________________________________$

694,970.73 1,212,571.88
15,000.00 None None
728,031.35 9,214.00 None
None None None 2,659, 787.96

LIABILITIES Demand deposits ------------------------------- $ DTiempeosidtespoofsitUs . --S--.----G--o--v--e--r-n--m---e--n--t-_-_-_-_-_-_-_-__-_-_-_ Deposits of States and political
Despuobsdiitsvisoifonbsan-k-s--_-__-_-_-__-_-_-_-__-_-_-_-__-_-_-__-_-_-_-__-_-_-_-__-_-_
Other deposits (certified and officers' checks, etc.) ------------------------
Bills payable --------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------------Other liabilities -----------------------------------Capital --------------------------------------------------Surplus --------------------------------------------Undivided profits -------------------------------Reserves ------------------------------------------

1,687,364.57 147,6()9.39 None
578,406.42 None
2.295.00 None
None 18,000.00 8(),000.00 80,000.00 66,112.58
None

Total Liabilities ---------------------------$ 2,659,787.96

STATEMENT

Showing condition at the close of business December 31, 1954, 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

JOHN W. PARKER, Cashier.
Began Business: 11-20-1911

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 premises owned, furniture and fixtures --------------------Real estate owned other than banlt premises --------------------Investments and other assets Indiorercotltyherrerperaelseensttiantge__b_a__n_k____p_r_e_m___i_s_e_s
Customers' liablllty to this bank on acceptances outstanding__________
Other assets ----------------------
Total Assets -----------$

258,144.55 77,000.00 5,000.00 None None
224,006.95 1,741.19 1,500.00
None None 3,000.00 570,392.69

LIABILITIES
Demand deposits -----------------------$ Time deposits ------------------------------------Deposits of U. S. Government __________
Deposits of States and political
Despuobsditisvisoifonbsan-k--s-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-__-_-_-_-__-___-_-_-_
Other deposits (certified and officers' checks, etc.) ---------------------------
Bllls payable ----------------------------- Acceptances executed by or for
account of this bank and out-
standing ---------------- Other liabilities ----------------------------------Capital -------------------------------------------------- Surplus ------------------------------------------ Undivided profits -------------------- Reserves ----------------------------------

401,671.26 65,850.23 None
44,300.00 None
151.27 None
None 270.00 25,000.00 25,000.00 8,149.93 None

Total Liablllties ------------------------$ 570,392.69

1

42

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

CORDELE BANKING COMPANY Cordele, Ga.

As called for by the Superintendent of Banks

L. B. MADDOX, President.
Date of Charter: 5-31-1927

R. M. FREEMAN, 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 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' Uabillty to this bank on acceptances outstanding__________________
Other assets --------------------------------------

922,635.81 1,000,000.00
None None None 806,148.88 7,500.00 17,500.00
None None None

Total Assets --------------------------------$ 2, 753,784.69

LIABILITIES Demand deposits ---------------------------------$
TDiempeosidtespoosfitUs . -s-.--G-ov-e-r-nm--en-t-___-__-___-___-_
Deposits of States and political Despuobsdiitvs isoifonbsan-k-s--_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-_-_
Other deposits (certified and offi-
cers' checks, etc.) ----------------------Bills payable --------------------------------------Acceptances executed by or for
account of this bank and outstanding --------------------------------------Oiher !lahllltles ------------------------------Capital ------------------------------------------Surplus ---------------------------------------------Undivided profits ----------------------------Reserves -----------------------------------

2,402, 763.35 None
3,540.53
139,899.79 None
14,205.31 None
None None 50,000.00 50,000.00 93,375.71 None

Total Liabilities -------------------------$ 2,753,784.69

STATEMENT

Showing condition at the close of business December 31, 1954, 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 Cash, balances with other banks, In-
cluding reserve balances, and cash items In process of collection________ $ United States Government obllgations, 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 -----------------------
Total Assets ________$

1,213,194.60 1,412,107.50
51,657.79 None None
773,445.79 26,574.53
None
None None None 3,476,980.21

LIABILITIES Demand deposits ------------------$ TDiempeosidtespoosfitUs .--S--.---G--o--v-e--r-n-m---e-n--t-_-_-__-_-_-_-__-_-_-_ Deposits of States and political D espuobsdiitvs i soifo nbsa n-k s-__-___-___-___-__-___-___-___-__-___-__
Other deposits (certified and officers' checks, etc.) ------------
Bills payable --------------------------------Acceptances executed by or for
account of this bank and out-
standing -----------------------------Other liabillties ---------------------------------Capital -------------------------------------Surplus --------------------------------------Undivided profits -----------------Reserves --------------------------------

2,336,879.50 452,295.87 123,832.85
174,387.80 127,590.12
7,562.85 None
None None 50,000.00 50,000.00 134,024.49 20,406.73

Total Liabilities -----------------$ 3,476,980.21

THIRTY-FIFTH ANNUAL REPORT

43

STATEMENT

Showing condition ai :the close of business December 31, 1954, 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_____ $ 718,800.58

United States Government obliga-

tions, direct and guaranteed._____ 1,604,919.32

Obligations of States and political

subdivisions -------------Other bonds, notes, and debentures....

60,223.12 None

Corporate stocks (including stock of Federal Reserve Bank).__________

None

Loans and discounts (including

overdrafts) -------------- 1,038,083.02

Bank premises owned, furniture and

fixtures ------------Real estate owned other than bank
premises ____

33,700.00 79.00

Investments and other assets indi-

rectly representing bank premises or other real estate_____________________

None

Cuasctocmepetrasn' celisablolluttystatondtihnigs___b__a__n__k____o__n__

None

Other assets - - - - - - - - - - - - -331-.72

Total Assets ------------------------$ 3,456,136.76

LIABILITIES Demand deposits -------------$ TDiempeosidtespoosfitUs . --S-.--G--o-v--e-r-n-m--e-n-t-_-_-_-_--_-_-_
Deposits of States and political
subdivisions -------------Deposits of banks-------------------Other deposits (certified and offi-
cers' checks, etc.) ------Bllls payable ----------------------Acceptances executed by or for
account of this bank and outstanding _
Other llabl!lties ---------------------Capital -----------------------------------------Surplus --------------------------------------------Undivided profits ------------------------------Reserves -----------------------------------------------

1,801,482.02 891,482.33 99,098.25
283,679.40 90,323.96
5,572.89 None
None 6,124.35 75,000.00 100,000.00 103,373.56
None

Total Liablllties ------------------------- $ 3,456,136. 76

STATEMENT

Showing condition ai :the close of business December 31, 1954, of

BANK OF COVINGTON & TRUST CO. Coving:ton, Ga.

As called for by :the Superin:tenden:t of Banks

J. L. STEPHENSON, President.
Date of Charter: 4-10-1901

J. B. WEAVER, Cashier.
Began Business: 4-10-1901

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 stock'S (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' liablllty to this bank on acceptances outstanding______________
Other assets ----------------

150,558.22 2,151,165.95
341,469.82 None None
1,511,919.94 11,246.12 None
None None None

Total Assets -----------------$ 4,118,360.05

LIABILITIES
Demand deposits -----------------$ TDiempeosditespoosfitUs . --S-.-G--o-v--e-r-n--m--e-n--t_____-_-___-_-__
Deposits of States and political
D espuobsdiitvs i soifo nbsa n-k-s--_-_-_-_-_-_-_-_-__-__-_-__-_-____-_--_-_-_-_
Other deposits (certified and offi-
cers' checks, etc.) -------------- Bllls payable ------------------------------Acceptances executed by or ior
account of this bank and out-
standing ------------------------- Other liablllties ---------------- Capital -----------------------------Surplus ----------------------------Undivided profits ----------------- Reserves ----------------

3,123,978.34 493,524.44 58,783.24
437,349.01 None
2,474.50 None
None 58,373.91 100,000.00 200,000.00 103,876.61 200,000.00

Total Liabllltles ---------------------------$ 4,778,360.05

44

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, 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-
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 stockos (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 ---------------------------------------
Total Assets -----------------$

360,355.01 351,815.70
None None None 381,461.57 5,000.00 None
None None 389.00 1,099,021.28

LIABILITIES Demand deposits -------------------------$ TDiempeosditespoosfitUs . --S-----G--o--v-e-r-n--m--e-n-t-_--_-_-_-__-_-__-_-_-_ Deposits of States and political D espuobsdiitvs i soifo nbsa n-k--s-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_
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 ------------------------------------------

632,441.66 287,089.18
8,904.17
69,495.14 None
1,436.37 None
None None 30,000.00 60,000.00 9,654.76 None

Total Liabilities -------------------------- $ 1,099,021.28

STATEMENT

Showing condition at :the close of business December 31, 1954, of

THE PEOPLES BANK Crawfordville, Ga.

As called for by the Superintendent of Banks

G. E. WILLIAMS, SR., President.
Date of Charter: 11-24-1947

E. WINSTON REYNOLDS, Cashier.
Began Business: 1-2-1948

ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash

Items In process of collection_______ $ 281,162.49

United States Government obliga-

tions, direct and guaranteed_________ 298,959.34

Ob!igations of States and political

subdivisions ----------------------------------

None

Other bonds, notes, and debentures---

None

Corporate stockos (including stock of

Federal Reserve Bank)-------------------

None

Loans and discounts (Including

overdrafts) --------------------------------- 285,640.53

Bank premises owned, furniture and

fixtures -------------------------------------------

2,111.32

Real estate owned other than bank

premises ----------------------------

None

Investments and other assets indi-

roerctoltyherreprereasl eensttiantge__b__a__n__k____p_r__e_m___i_s_e__s_

None

Customers' liability to this bank on

acceptances outstanding____________

None

- - - - Other assets --------------------

None

Total Assets --------------------------$ 867,873.68

LIABILITIES Demand deposits ------------------------------- $ Time deposits --------------------------------------Deposits of U. S. Government---------Deposits of States and political Despuobsdiitvs isoifonbsan-k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
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 _______ ------------------------------------

440,451.56 321,929.08
None
46,600.00 None
1,771.45 None
None None 25,000.00 25,000.00 7,121.59 None

Total Liabilities ---------------------------.$ 867,873.68

,

THIRTY-FIFTH ANNUAL REPORT

45

STATEMENT

Showing condition ai the close of business December 31, 1954, of

BANK OF CUMMING Cumming, Ga.

As called for by the Superintendent of Banks

ROY P. OTWELL, President.
Date of Charter: 10-11-1904

PAUL H. WORLEY, Cashier.
Began Business: 10-19-1904

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash items in process of collection________$ United States Government obligations, direct and guaranteed.--------Obllgatlons of States and political subdivisions -------------------------Other bonds, notes, and debentures____ Corporate stock'S (including stock of Federal Reserve Bank) ____________
Loans and discounts (including overdrafts) -----------
Bank premises owned, furniture and
R:~ft~~~te -owned-ot""h_e_r-:-:th'""a"n--;bc--a"'n:-;-k
premises --------------------Investments and other assets indi-
roerctolytherreprereasleenstitnatge__b_a__n_k____p_r_e_m___i_s_es
Customers' liability to this bank on acceptances outstanding________
Other assets ------------------

512,121.38 368,148.43 46,387.98
None None 1,169,547.34 14,122.02 None
None None 10,692.15

Total Assets ----------------------------------$ 2,121,019.30

LIABILITIES Demand deposits -------------------------$ TDiempeosidtespoosfitUs . --S--.----G---o-v--e--r--n-m---e--n--t--_-__-_-_-_-_-_-_-_-_-_ Deposl~. of States and political
DeSpUobsdiltVslSolOf llbSan-k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-
Other deposits (certified and off!-
cers' checks, etc.) ----------------------Bills payable -------------------------------Acceptances executed by or for
account of this bank and outstanding--------------------Other !labilities --------------------------- _____ Capital ---------------------------------------------Surplus ----------------------------------------------Undivided profits -----------------------------Reserves ------------------------------------------------

1,377,132.58 386,604.38 4,323.61
136,846.67 None
14,605.14 None
None None 50,000.00 100,000.00 51,506.92 None

Total Liabilities -------------------------$ 2,121,019.30

STATEMENT

Showing condition at the close of business December 31, 1954, of

CITIZENS BANK Cuthbert, Ga.

As called for by the Superintendent of Banks

P.M. REID, President.
Date of Charter: 2-7-1938

A. M. POINDEXTER, Cashier.
Began Business: 3-1-1938

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 stockll (Including stock of Federal Reserve Bank) ______ Loans and discounts (including overdrafts) ----:-:-""7~-- 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' llab!l1ty to this bank on acceptances outstanding_______
Other assets - - - - - - - - -

681,470.98 705,192.55 22,598.54
1\o,.e None 705,332.77 6,923.54 None
None None None

Total Assets -------------------------------- $ 2,121,518.38

LIABILITIES Demand deposits ----------------------------------$ Time deposits ------------------------------------Deposits of U. S. Government____________ Deposits of States and political Despuobsdiitvs isoifonbsan-k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and officers' checks, etc.) --------------
Bills payable ------------------------------------- Acceptances executed by or for
account of this bank and outstanding ------------------------------- Other Iiabll1ties ------------------------------Capital ------------------------------------Surplus ------------------------------------Undivided profits - - - - - - - Reserves ------------------------------------------

1,723,352.09 66,077.01 15,926.94
78,735.38 None
9,448.09 None
None None 25,000.00 25,000.00 167,978.87 10,000.00

Total Liabilities ------------------------ $ 2,121,518.38

,

46

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF DAHLONEGA Dahlonega, Ga.

As called for by the Superinfendent 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 process of collection____ $ United States GoYemment 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 estste owned other than bank
premises--------------Investments and other assets indi-
rectly representing bank premises or other real estate______________
Customers' liablllty to this bank on acceptances outstanding______________
Other assets ---------------

313,607.12 610,000.00
None None None 434,166.76 6,797.95 None
None None None

Total Assets ------------------------------- $ 1,364,571.83

LIABILITIES Demand deposits ------------------------ $ TDiempeosditespoosfitUs .--S--.---G--o--v-e--r-n--m--e--n-t-_-_-_-_-_-_-_-_-_-_
Deposits of Ststes 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 liablllties ---------Capitsl --------------Surplus ------------------Undivided profits ----------Reserves ----------------------------

786,742.43 None
38,568.37
394,124.80 None
1,951.11 None
None None 50,000.00 50,004}.00 43,185.12 None

Total Llabllltles --------------------------- $ 1,364,571.83

STATEMENT

Showing condition a:l: ihe close of business December 31, 1954, of

THE BANK OF DALTON Dalfon, Ga.

As called for by ihe 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 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 estst~ owned other than bank premises----------------Investments and other assets indirectly representing bank premises or other real estate_________________________ Customers' llabl11ty to this bank on acceptances outstanding__________
Other assets ----------------
Total Assets ----------$

1,454,034.17 707,980.01 None None None
1,358,866.34 33,319.81 None
None None None 3,554,200.33

LIABILITIES

Demand deposits -------------------------$

Time deposits Deposits of U.

--s-.----G--o--v--e-r-n--m---e-n--t-_-_--_--_-_---

Deposits of States and political

Despuobsdiitvs isoifonbsan-k-s-__-__-_-__-__-_-__-__-__-_-__-__-_-__-__-_-__-_

Other deposits (certified and offi-

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

Ot.her liabilities ----------------Capital ----------------------- Surplus --------------------Undivided profits ------------Reserves -----------------------

1,623,935.22 865,998.31 90,566.61
623,339.21 40,000.00
1,757.79 None
None 3,020.00 50,000.00 200,000.00 30,583.19 25,000.00

Total Llablllties ------------------$ 3,554,200.33

1

THIRTY-FIFTH ANNUAL REPORT

47

STATEMENT

Showing condition at :the close of business December 31, 1954, of

HARDWICK BANK & TRUST CO. Dalton, Ga.

As called for by ihe 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 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 subdlVlS!OnS ------------------------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 -----------------------------

1,620,724.91 1,383,511.90
136,388.27 5,000.00
36,937.54 2,335,362.23
42,169.70 None
None None None

Total Assets ------------------------------$ 5,560,094.55

LIABILITIES Demand deposits -----------------------$ TDiempeosditespoosfitUs . --S-.---G--o--v-e-r-n--m--e--n-t-_-_-__-_-_-__-_-_-_
Deposits of States and political
Despuobsdiitvs isoifonbsan-k-s-_-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-_-_
Other deposits (certified and officers' checks, etc.) -------------
Bills payable ----------------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------Otl)er liabilities -----------------------Capital --------------------------------------Surplus -----------------------------------------Undivided profits ---------------Reserves --------------------------------

2,953,337.16 1,&20,685.32
201,083.96
205,432.26 None
73,362.63 None
None 15,000.00 100,000.00 350,000.00 41,193.22
None

Total Liablllt!es ------------------------$ 5,560,094.55

STATEMENT

Showing condition a:t :the close of business December 31, 1954, 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____ $ 244,660.06

United States Government obliga-

tions, direct and guaranteed.......... 563,852.00

Obligations of States and political

subdivisions --------------------------------

None

Other bonds, notes, and debentures ____

None

Corporate stock'S (including stock of

Federal Reserve Bank) ________________

None

Loans and discounts (Including

overdrafts) -----------------------------------

178,860.14

Bank premises owned, furniture and

fixtures -----------------------

750.00

Real estate owned other than bank

premises ----------------------------------

None

Investments and other assets Indi-

rectly representing bank premises

or other real estate__________________________

None

Customers' liability to this bank on

acceptances outstanding_

None

Other assets -----------------

None

-----

Total Assets -----------------------------$ 988,122.20

LIABILITIES Demand deposits ---------------------------.$ Time deposits ---------------------------Deposits of U. S. Government............ Deposits of States and political
Despuobsdiitvs isoifonbsan-k-s-__-__-__-_-__-__-__-_-__-__-__-_-__-__-__-_-__-_
Other deposits (certified and officers' checks, etc.) --------------
Bills payable ----------------------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------------Other liatllit!es ------------------Capital -------------------------------------------Surplus ----------------------------------------Undivided profits -----------------------Reserves ------------------------------------

671,918.53 129,824.20
3,206.25
101,017.87 None
509.35 None
None 7,566.00 25,000.00 10,000.00 29,080.00 10,000.00

Total Llabllltles ---------------------$ 988,122.20

-1

48

DEPARTMENT OF BANKING

STATEMENT

Showing condition at ihe close of business December 31, 1954, of

THE DARIEN BANK Darien, Ga.

As called for by ihe Superintendent of Banks

D. E. LANE, President.
Date of Charter: 12-8-1888

P. E. CLARK, JR., Cashier.
Began Business: 1-24-1889

.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 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-
roerctoltyherreprereasl eensttiantge__b__a_n__k___p__r_e_m___i_s_e_s_
Customers' liability to this bank on acceptances outstanding_______________
Other assets -------------------------------------

256,351.38 445,000.00
None None None 291,691.72 7,050.30 None
None None None

Total .Assets ----------------------$ 1,000,093.40

LIABILITIES
Demand deposits -----------------------$
Time deposits -------------------------------Deposits of U. S. Government____________ Deposits of States and political Despuobsdiitvs isoifonbsan-k--s-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_--_-_-_
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 ------------------------------------------------

511,105.48 295,630.89
None
61,292.68 None
10,834.92 None
None None 25,000.00 25,000.00 71,229.43 None

Total Liabilities -------------------------- $ 1,000,093.40

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF DAWSON Dawson. Ga.

As called for by the Superintendent of Banks

ROGERS LOCKE, President.
Date of Charter: 6-29-1911

H. F. SMITH, Cashier.
Began Business: 7-1-1911

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

512,219.66 1,243,200.00
8,204.95 None None
855,840.64 37,110.38
1,836.00
None None None 2,658,411.63

LIABILITIES Demand deposits ----------------------------------$ Time deposits --------------------------------------Deposits of U. S. Government____________ Deposits of States and political
Despuobsdiitvs isoifonbsan-k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Other deposits (certified and officers' checks, etc.) -------------------------
Bills payable -------------------------------------.Acceptances executed by "~ for
account of this bank and out-
standing ---------------------------Other liabilities -----------------------------Capital -----------------------------------Surplus ---------------------------------Undivided profits -------------------- Reserves -------------------

1,195,896.82 806,130.69 39,806.18
306,859.18 25,848.85
5,710.19 None
None None 100,000.00 30,000.00 148,159.72 None

Total Liab!llt!es ------------$ 2,658,411.63

l

THIRTY-FIFTH ANNUAL REPORT

49

STATEMENT

Showing condition at the close of business December 31, 1954. of

BANK OF TERRELL Dawson. Ga.

As called for by the Superintendent of Banks

J. E. KING, President.
Date of Charter: 3-23-1936

R. A. HILL, Cashier. Began Business: 5-1-1936

ASSETS Cash, bal2.nces 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 mbd,VlSICnS ---------------------------------Other bonds, notes, and debentures ___ Corporate stockls (including stock of Federal Reserve Bank)___________________ Loans and discounts (including overdrafts) ----------------------Banl< 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 ______ ----------------------------------

994,311.81 1,173,000.00
6,000.00 None None
1,093,504.94 8,335.62 None
None None None

Total Assets ---------------------------------.$ 3,275,152. 37

Demand deposits __L___I_A___B___I__L__I__T__I__E__S_________ $
Time deposits --------------------------------------Deposits of U. S. Government____________
Deposits of States and political Despuobsdiitvs isoifonbsan-k--s--_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_--------------
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 -----------------------------Reserv8 ________ -----------------------------------

1, 784,665.54 921,397.86 62,988.75
289,251.06 5,943.17
4,496.90 None
None None 50,000.00 50,000.00 106,409.09 None

Total Liabilities _______________________ $ 3,275,152.37

STATEMENT

Showing condition at the close of business December 31, 1954, of

DAWSON COUNTY BANK Dawsonville, Ga.

As called for by the Superintendent of Banks

H. C. VANDIVIERE, President.
Date of Charter: 7-1-1953

W. T. HOWELL, Cashier.
Began Business: 7-13-1953

ASSETS Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection________ $ 100,342.04

United States Government obligations, direct and guaranteed_________

108,219.04

Obliga~l~n.s of States and political
SUbd1VlSlOllS -------------------------------------
Other bonds, notes, and debentures____ Corporate stockls (including stock of

33,216.61 60,037.50

Federal Reserve Bank)-----------------Loans and discounts (including

None

overdrafts) ______ ----------------------------Bank premises owned, furniture and

193,365.31

fixtures -------------------------------------Real estate owned other than bank
premises ----------------------------------Investments and other assets indi-

2,741.75 None

rectly representing bank premises or other real estate_______________________ Customers' liability to this bank on acceptances outstanding__________________

None None

Other asscte -----------------------------------

849.77

-----

Total Assets -------------------------------$ 498,772.02

LIABILITIES Demand deposits ------------------------------- $ Time deposits ------------------------------------Deposits of U. S. Government__ Deposits of States and political Despuobsdiitvs isoifonbsan-k-s-_-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_-__-_------
Other deposits (certified and officers' checks, etc.) -----------------------
Bills payable -----------------------------------Acceptances executed by or for
account of this bank and out-
Otshtearndliinabgil-i-t-i-e--s----__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_----------------
Capital ----------------------- --------------------------Surplus -----------------------------------------------Undivided profits -------------------------------Reserves -------------------------------------------------

250,272.72 69,233.03 4,544.63
120,104.76 None
4,980. 78 None
None None 25,000.00 10,000.00 4,636.10 10,000.00

Total Liabilities ___

---- $ 498,772.02

1

50

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1854, of

TONEY BROTHERS BANK Doerun, Ga.

As called for by the Superintendent of Banks

J. W. TONEY, President.
Date of Charter: 7-11-1945

J. W. TONEY, Cashier.
Began Business: 7-31-1945

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 subdiYislons ---------------------------Other bonds, notes, and debentures____ Corporate stockls (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 ---------------
Total Assets ------------------$

662,177.4 7 63,500.00
None None None 288,573.76 1,500.00 None
None None None 1,015,751.23

LIABILITIES
Demand deposita ----------..$
TDiempeosditespoosfitUs . -S--. --G-o-v-e-r-n-m--e-n-t-_-_-__-__-_-__-_

Deposita 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 - - - -

USunrdpivluidsed profi-ts- - - - -

__

Reserves - - - - - - - - - - - - -

774,303.80 83,545.50
734.83 69,863.96
None 964.73 None
None None 25,060.00 50,600.60 5,153.84 6,184.57

Total Liabilities ___________________ $ 1,015,751.23

STATEMENT

Showing condition a:t the close of business December 31, 1954, of

COMMERCIAL STATE BANK Donalsonville, Ga.

As called for by the Superintendent of Banks

D. F. WURST, President.
Date of Charter: 10-21-1938

MRS. 0. M. WURST, Cashier.
Began Business: 12-16-1938

ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash

Items In process of collection___$ 967,222.75

United States Government obliga-

tions, direct and guaranteed_____ 294,000.00

Obligations of States and political

Otshuebrdibvoinsdiosn, snot-e--s-,---a--n--d---d-e--b-e--n--t-u--r-e--s-_-_-_-_

5,000.00 None

Corporate stockls (including stock of

Federal Reserve Bank)---------------

None

Loans and discounts (including

overdrafts) -------------------- 829,498.53

Bank premises owned, furniture and

fixtures ------------------------------------

19,135.61

Real estate owned other than bank

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

None

rectly representing bank premises

or other real estate

None

Customers' liability to this bank on

acceptances outstanding_________

None

Other assets - - - - - - - - - - -_ _ _ __:-N~o~n:e

Total Assets

$ 2,114,856.89

LIABILITIES
Demand deposits ---------------------$
TDiempeosditespoosfitUs . --S--.----G--o--v--e--r--n-m----e-n--t--_-__-_-_-_-_-_-_-_-_-_ Deposits of States and political
subdlvisions --------------------------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 --------------------------------

1,253,844.28 392,777.48 19,242.35 196,493.56 50,390.01 16,778.26 None
None None 25,000.69 50,000.00 63,685.56 46,645.39

Total Liabilities ----------------------- $ 2,114,856.89

THIRTY-FIFTH ANNUAL REPORT

51

STATEMENT

Showing condition at :the close of business December 31, 1954, of

MERCHANTS AND FARMERS BANK Donalsonville, Ga.

As called for by :the Superintendent of Banks

HENRY 0. CUMMINGS, President.
Date of Charter: 9-24-1925

E. H. HOWARD, Cashier.
Began Business: 9-24-1925

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash items in process of collection______$ United States Government obl!gations, direct and guaranteed_________ Obl!gations of States and political
subdivisions ------------------------Other bonds, notes, and debentures____ Corporate stock" (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 out3tanding_______
Other assets ___________

441,929.05 945,777.02
None None None 413,861.23 33,898.34 None
None None 521.64

Total Assets --------------------------$ 1,835,987.28

LIABILITIES Demand deposits --------------------------- $ TDiempeosidtespoosfitUs . --S--.--G---o-v--e--r-n-m---e-n--t-_-_-_-_-__-_-_-_-_-_
Deposits of States and political
Despuobsdiitvs isoifonbsan-k-s_-__-__-__-__-__-__-__-__-__-___-__-__-__-__-__-_
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 ---------------------------

993,112.29 276,738.29 46,325.00
400,641.74 None
1,415.50 None
None None 25,000.00 75,000.00 17,754.46 None

Total Liabilities -------------------------- $ 1,835,987.28

STATEMENT

Showing condition at :the close of business December 31, 1954, 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

ASSETS Cash, balances with otner uanks, 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 stock'S (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 ____

703,244.71 3,283,082.28
10,214.63 None None
939,330.80 64,133.91 None
None None None

Total Assets ------------$ 5,000,006.33

LIABILITIES Demand deposits ----------------------------- $ Time deposits --------------------------------- Deposits of U. S. Government___________ Deposits of States and political
D espuobsdiitvs i soifo nbsa n-k s-_-_-__-_-_-__-_-_-__-_-_-__-_-_
Other deposits (certified and officers' checks, etc.) -----------------
Bills payable --------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------------Other liabilities ------------------------------Capital ---------------------------------------------- Surplus ------------------------------------------ Undivided profits ------------------------------Reserves --------------- ---------------------------------

2,693,244.18 1,287,089.85
44,745.87
515,029.21 92,707.84
38,732.61 None
None None 50,000.00 50,000.00 4,573.02 223,883.75

Total Liabilities --------------------------- $ 5,000,006.33

1

52

DEPARTMENT OF BANKING

STATEMENT

Showing condition at :the close of business December 31, 1954, 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 collection__$ United States Government obUgat!ons, direct and guaranteed__ Obl!ga~i~n~ of States and political subdiVISIOnS ----------------Other bonds, notes, and debentures___ Corporate stock'S (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' l!abll!ty to this bank on acceptances outstanding_______
Other assets -------------

653,674.58 1,570,742.98
297,670.45 190,101.22
None 1,241,127.04
34,254.41 None
None None 24,372.39

Total Assets _

4,011,943.07

LIABILITIES
Demand deposits ---------------------------------$ Time deposits ---------------------------------Deposits of U. S. Government________
Deposits of States and pol!tical
Despuobsdiitvs isoifonbsan-k-s-_-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-_-_
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 -----------------------------------------

2,291,951.62 967,794.80 69,381.98
337,365.47 97,703.28
20,916.24 None
None 16,000.00 100,000.00 50,000.00
829.68 60,000.00

Total Liab!l!ties ----------------------- $ 4,011,943.07

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE COMMERCIAL BANK Douglasville, Ga.

As called for by the Superintendent of Banks

W. D. LLOYD, President.
Date of Charter: 4-24-1942

RAYMOND L. LLOYD, Cashier.
Began Business: 5-1-1942

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 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' l!abll!ty to this bank on acceptances outstanding________
Other assets ----------------------
Total Assets --------------$

482,544.00 1,304,407.09
15,636.57 None None
255,845.22 7,500. 00 None
None None 1,702.54 2,067,635.42

LIABILITIES Demand deposits -----------------------------$ Time deposits -------------------------------------Deposits of U. S. Government___________ _ Deposi~ ..of States and political DespuobdsiiVtsISoIOf nbSan-k-s--_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and off!-
cers' checks, etc.) ---------------B!lls payable ---------------------------------------Acceptances executed by or for
account of this bank and out-
standing ----------------------------- Other !labilities -----------------------------------Capital --------------------------------------------------SurpIus -----------------------------------------------Undivided profits ---------------------------
Reserves ------------------------------

1,202,584.30 269,644.63 80,834.82
379,575.05 None
7,862.55 None
None None 25,000.00 25,000.00 77,134.07 None

Total Liabll!ties -------------------------- $ 2,067,635.42

1

THIRTY-FIFTH ANNUAL REPORT

53

STATEMENT

Showing condition at the close of business December 31, 1954, of

CITIZENS 8r: SOUTHERN BANK OF DUBLIN Dublin, Ga.

As called for by the Superintendent of Banks

C. U. SMITH, President.
Date of Charter: 10-29-1928

THERON A. JERNIGAN, Cashier.
Began Business: 11-1-1928.

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 stockls (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 ---------

1,167,347.88 2,216,027.81
416,058.99 None None
3,261,8 41.8 9 179,044.43 None
None None 13,866.11

Total Assets ------------------- _____________ $ 1,254,187. 71

LIABILITIES Demand deposits -------------------$ TDiempeosditespoosfitUs . --S--.--G--o--v-e--r-n-m--e--n-t-_-_--_-_-__-_-_-_-_-
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 -------------------------

3,730,789.49 1,677,062.20
153,169.68
439,268.95 486,486.61
41,605.29 None
None 117,089.19 150,000.00 225,000.00 116,015.14
57,701.16

Total Liabll!ties ------------------------- $ 1,254,187.71

STATEMENT

Showing condition at the close of business December 31, 1954, of

FARMERS 8r: 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 balances, and cash items in process of collection__ $ United States Government obligation,, direct and guaranteed__ Obligaticms of States and political subdivisions ----------------Other bonds, notes, and debentures____ Corporate stockls (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 --------------------------------------

1,071,061.69 2,205,110.50
4,630.90 None None
1,246,697.34 52,809.34 None
None None None

Total Assets ______________________________ $ 4,580,369.77

LIABILITIES Demand deposits ------------------------------$ TDiempeosidtespoofsitUs . --S--.----G--o--v--e--r--n-m---e--n--t-_-_-_-_-_-_--_-_-_-_-_
Deposits of States and political D espuobsdiitvs i soifo nbsa n-k-s--_-__-_-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_
Other deposits (certified and officers' checks, etc.) ------------------
Bllls payable -----------------------------Acceptances executed by or for
account of this bank ann out-
standing -----------------Other liabilities ----------------------------Capital -----------------------------------------------Surplus ------------------------------------------Undivided profits ----------------Reserves ______ --------------------------------

2,239,438.26 828,469.21 87,177.54
759,451.32 438,760.19
7,795.88 None
None None 100,000.00 50,000.00 34,794.94 34,482.43

Total Liabilities -------------------------- $ 4,580,369.77

1

54

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, 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 JANSEN, Cashier.
Began Business: 11-1905

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash Items In process of collection_$ United States Government obligations, fllrect 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
In~~=:~~~s-a-n-::d,..-o""th-er--a-ss_e..,.ts"""""'l,-n-:d-:-1-
rectly representing ba,nk premises or other real estate. Customers' liability to this bank on acceptances outstanding_____
Other assets - - - - - - - - -

Total Assets _

$

547,894.96 306,000.00
4,659.23 None None
918,201.53 2.00
None
None None None 1,776,757.72

LIABILITIES
Demand deposits --------$ Time deposits - - - - - - - - Deposits of U. S. Government............ Deposits of States and political
Despuobsdiitvs isoifonbsanks___-_-_--_--_-_--_-_--___
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 -----------------

871,349.30 375,466.22
37,525.16
322,085.42 None
3,772.03 None
None None 25,000.00 75,000.00 47,376.11 19,183.48

Total Liabilities ----------- $ 1,776,757.72

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE BANK OF DULUTH Duluth, Ga.

As called for by the Superintendent of Banks

G. W. FINDLEY, President.
Date of Charter: 1-22-1945

EVERETT BAGWELL, Cashier.
Began Business: 2-17-1945

355,937.94 152,693.77
None None None 318,697.22 4,194.93 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 ---- ,_ _ _ _ _ __

Undivided profits ___

_

Reserves -------------

501,612.80 85,251.45 9,551.85
161,232.35 None
4.80 None
None 134.00 25,000.00 25,000.00 24,320.09 None

Total Assets

_ _$

Total Liabilities --------- $ 832,107.34

1

THIRTY-FIFTH ANNUAL REPORT

55

STATEMENT

Showing condition at !he close of bulinesa December 31, 1954, of

BANK OF EASTMAN Eastman, Ga.

Aa called for by ihe Superintendent of Banks

W. L. JESSUP, SR., President.
Date of Charter: 12-28-1918

GEO. D. MULLIS, Cashier.
Began Business: 1-2-1919

ASSETS

Cash. balances with other banks, In-

cluding reserve balances, and cash

Items In process of collection__$ 583,269.34

United States Government obligations, direct and ~n~aranteed________ 1,528,615.00

Obligations of States and political Otshuebrdbivoinsidosn, "not-e--s-,--a--n--d--d--e-b--e--n-t-u--r-e-s--__-_-_

None 5,000.00

Corporate stocks (Including stock ot Felleral Reserve Bank)-------------
Loans and discounts (Including

None

overdrafts) __

117,493.78

Bank premises owned, furniture and

fixtures -------------------------Real estate owned other than bank

8,002.00

premises

None

Investments and other assets Indi-

rectly representing bank premises or other real estate___________________

None

Customers' llablllty to this bank on

acceptances outstanding;____

None

Other assets ----- - - - - - -_ _ _ __:N~o~n~e

Total Assets _ __

$ 2,842,380.12

LIABILITIES Demand deposits----------$ TDiempeosditespoosfitUs .-S-. G-o-ve-rnm-e-nt_-___-___Deposits of States and political Despuobsdiitvs isoifonbsa n k s ______________-__-___-__-__-__-___-_
Other deposits (certified and officers' checks, etc.) -----------
Bills payable -------------------Acceptances executed by or for
account of thls bank and out-
standing ------------Other liabilities -------------Capital-----------------------Surplus ---------------------------Undivided profits --------Reserves - - - - - - - - - - - - -

1,642,510.10 770,795.54 7,313.01 76,198.26 45,520.19 1,560.00 None
Noae None 40,000.00 100,000.00 158,483.02 None

Total Llabllltles ----------$ 2,842,380.12

STATEMENT

Showing condition at the cloae of business December 31, 1954, of

CITIZENS CLEARING BANK Eastman, Ga.

As called for by the Superintendent of Banks

H. R. RAGAN, President.
Date of Charter: 3-12-1949

B. B. ECKLES, JR., Cashier.
Began Business: 4-1-1949

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash Items In process of collection _____$ United States Government obligations, direct and guaranteed___ Obl!gattons 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
In~~~r~~~k-a-n-:d:--o-::th:-e-r-a-ss-e-:ts....,l:-n-::d::-1-
rectly representing bank premises or other real estate-------:--;-Customers' liability to this bank on acceptances outstanding_ _ __
Other assets -------------------------
Total Assets ________ $

426,701.18 99,062.45
None None None 531,705.95 5,640.06 None
None None None 1,063,109.64

LIABILITIES
Demand deposits ---------------$
Time deposits ------------------Deposits of U. S. Government____ Deposits of States and political

Despuobsdiitvs isoifonbsan-ks-__-__-__-__-_-__-__-__-_

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

916,541.80 None None
25,900.60 None None None
None None 40,000.00 40,000.00 40,667.84 None

Total Liabilities -----------$ 1,063,109.64

56

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF FULTON COUNTY East Point, Ga.

As called for by the Superintendent of Banks

F. W. COOPER, President.
Date of Charter: 3-22-1934

T. W. MARSHALL, Cashier.
Began Business: 4-2-1934

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash Items In process of collection____$
United States Government 0bllgatlons, dl~ect 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 estste 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 ~-~-~-~~~-~~~-------~~-~~

1,673,199.4 7 2,478,820.31
313,973.35 None None
2,024,903. 73 29,456.92 32,750. 00
None None 43,764.07

Total .Assets -~~~~---~~~~~---$ 6,596,867.85

LIABILITIES Demand deposits ~~~-~~~~~~~~~~~~~~~~~~~~~~~~~~~~-$
Time deposits ~~~--~~~~~~~~~~~~~-~~~~~~~~~~-~~-~~~ Deposits of U. S. Government~~~~~~~-~ Deposits of Ststes 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 IIa blllties ~~~~~~~~~~~-~~~-~~~~~~--~~~~~~~ Capita1 ~~~--~~~~--~~-~~-~~~~~~~~~~~~~~~-~~~~~~~~Surplus ~~~~~-~-~~-~~-~~-~-~~~~~~~~~~-~~~~~~~~~~~~ Undivided profits ~-~~~~~~~~~~~~~~-~--~~~~-~~ Reserves -~~-~~----~-~~~-~~~~----~~~~

3,944,287.18 1,424,189.g8
12,524.29
531,333.94 130,503.88
122,489.91 None
None 53,272.82 200,000.00 100,000.00 78,265.95
None

Total Liabilities ~~~~-~---------~~~~-~~-~ $ 6,596,867.85

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE CITIZENS & SOUTHERN 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, balances with other banks, In-
cluding reserve balances, and cash Items in process of collection_~~~~~~~$ United States Government obligations, direct and guaranteed~----~-Obliga~io_n~ of States and political subdlVISJLnS ~~--~-~---~-~~---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 estste 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 -~~~--~--~-~~-~~--~---~~~--~~--

1,523,362.02 2,154,493.13
388,656.04 23,906.25 None
1, 640,932. 34 13 7,55 9.48 None
None None 14,596.14

Total .Assets --~~--~~~~-~~-~~----~---$ 5,883,505.40

LIABILITIES Demand deposits ~~--~~~--~~~~~~~~-~~~~~~~-~-~~-$ Time deposits -~--~-~-~~~~~-~~~~-~~~~-~-~--~-~~~~~ Deposits of U. S. Government_~~~~---~~ Deposits of States and political
s ubdivisions ~~~~-~-~-~----~~~~~~~~~---~-~-~-~-~ 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 ~~~~~~~~~-~~--~~~~~~--~~-~-~Capita1 -~~~~~------~~~~~~~--~~~~~~~~--~-~~~~----- __ -~-~-~~ Surp1us ~~~-~~~~~~~--~~~~~~~-~~~~-~~~~~~~-~-~~~~~~~~~~ -~ Undivided profits ~~-~~~~~~-~~--~~~--~-~~-----~-~ Reserves ---~~-~-~-~-~~~~--~-~-~~~~-~~-~~~~~~--~-

2,959,453.79 1,804,039.97
120,732.75
424,406.19 None
64,054.60 None
None 138,864.18 150,000.00 150,000.00
42,229.05 29,724.87

Tota1 Liabillties ~---~~~~~--~----~-~-~-~~--- $ 5,88 3, 505.4 0

l

THIRTY-FIFTH ANNUAL REPORT

57

STATEMENT

Showing condition at: the close of business December 31, 1954, of

FARMERS 8r: MERCHANTS BANK Eatonton, Ga.

As called for by the Superintendent of Banks

L. O.BENTON,JR., President.
Date of Charter: 10-30-1922

R. L. HARRISON, Cashier.
Began Business: 11-15-1922

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 premises owned, furniture and
fixtures ----------------------Real estate owned other than bank
premises -------------------------Investments and other assets indi-
rectly representing bank premises or other real state______________________
Customers' liability to this bank on acceptances outstanding______________
Other assets ---------------------------------

382,716.05 810,524.82 87,848.90
None None 800,985.70 7,256.82 None
None None 1,207.24

Total Assets -------------------------------$ 2,090,539.53

LIABILITIES Demand deposits --------------------$ TDiempeosidtespoosfitUs . --S--.---G---o--v--e-r--n--m---e-n--t-_-_-_-_-_-_-_-_-_-_--_
Deposits of States and political
Despuobsdiitvs isoifonbsan-k-s-_-_-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-_-_
Other deposits (certified and officers' checks, etc.} -----------------------
Bills payable ---------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------Other liabilities ----------------------------------Capital ----------------------------------Surplus ---------------------------------Undt<ided profits ------------------------------Reserves ---------------------------------

902,144.67 600,723.63 59,131.70
360,170.04 None
3,455.43 None
None 921.27 50,000.00 50,000.00 56,492.79 7,500.00

Total Liabilities -------------------------- $ 2,090,539.53

STATEMENT

Showing condition at: the close of business December 31, 1954, 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____$ 297,158.54

United States Government obligations, direct and guaranteed_________ 157,660.90

Obligations of States and political subdivisions ------------------------------
Other bonds, notes, and debentures ____

None None

Corporate stocks (including stock of Federal Reserve Bank)-------------------
Loans and discounts (including

None

overdrafts) --------------------Bank premises owned, furniture and

506,619.67

fixtures ----------------------------Real estate owned other than bank

7,727.34

premises --------------------------------------Investments and other assets Indi-

892.50

rectly representing bank premises or other real estate_________________________

None

Customers' liab!llty to this bank on acceptances outstanding___________

None

OtheTr oatassl eAtsss-e-ts_-__-__-_______-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-_-$

-

- - -None
970,058.95

LIABILITIES Demand deposits -----------------------$ Time deposits ------------------------------Deposits of U. S. Government___________ Deposits of States and political Despuobsdiitvs isoifonbsan-ks-__-__-___-__-___-__-___-__-__-___-__-_
Other deposits (certified and officers' checks, etc.) ------------------
Bills payable ----------------------------------Acceptances executed by or for
account of this bank and out-
standing --------------------Other liabilities ------------------Capital ----------------------------SUunrdpilvuisde-d---p--r-o--f-i-t-s---_--------------------.
Reserves -------------

419,880.04 406,256.34
4,240.00
71,662.99 None
650.92 None
None 7,562.23 25,000.00 25,000.00 9,806.43
None

Total Liabilities ----------$ 970,058.95

1

58

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31. 1954, 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 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 polltlcal

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' llablllty to this bank on acceptances outstanding_________________

Other assets -------------------------

Total .Assets _ _ _ _ _ _ _ $

391,444.61 399,997.07 14,277.40
None None 889,185.52
2.00 None
None None 698.59 1,695,605.19

LIABILITIES Demand deposits ----------------$
TDiempeosditespoosfitUs . -s-.-G--ov-e-r-nm--en-t-_-_-_-_-_
Deposits of States and political Despuobsdiitvs isoifonbsanks_________-
Other deposits (certified and officers' checks, etc.) - - - - - -
Bills payable .Acceptances executed by or for
account of this bank and out-
standing -------------Other liabilities ---------------Capital -----------------Surplus ---------------Undivided profits - - - - - - Reserves - - - - - - - - - - - -

971,523.53 195,758.64
57,187.43 272,412.40
20,134.99 9,026.70 None
None 4,869.85 50,000.00 60,000.00 54,691.65
None

Total Liabilities -------------------$ 1,695,605.19

STATEMENT

Showing condition at the close of business December 31, 1954, of

GRANITE CITY BANK Elberton, Ga.

As called for by the Superintendent of Banks

F. D. SMITH, President.
Date of Charter: 12-3-1927

JAMES CLEVELAND, Cashier.
Began Business: 1-2-1928

.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 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 - - - - - - - - -

886,255.65 1,146,100.00
7,000.00 None None
1,022,362.07 40,744.03 1.00
None None None

Total .Assets

$ 3,102,462. 75

LIABILITIES Demand deposits ------------------------------ $ TDiempeosidtespoosfitUs . --S--.----G--o--v--e--r-n--m---e--n--t-_--_-_--_-_-_-_-_--_
Deposits of States and political Despuobsdiitvs isoifonbsan-k-s_--_-_--_-_--_-_-_--_-_--_
Other deposits (certified and officers' checks, etc.) -----------
Bills payable ----------------Acceptances executed by or for
acco?.nt of this bank and out-
stanamg ------------------Other liabilities -----------Capital --------------Surplus ---------------------Undivided profits - - - - - - - Reserves ------------------

2,215,022.43 397,789.43 126,124.61 164,548.91 None 15.62 None
None None 100,000.00 50,000.00 48,961.75 None

Total Liabilities __________________$ 3,102,462.75

THIRTY-FIFTH ANNUAL REPORT

59

STATEMENT

Showing condition at the close of business December 31, 1954, 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. VanLANDINGHAM, Cashier.
Began Business: 9-16-1910

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 (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 --------------

351,431.82 None None
198,000.00 None
518,721.07 4,639.45 None
None None 102,872.04

Total Assets ----

$ 1,175,664.38

LIABILITIES

Demand deposits

$

1'ime deposits ------Deposits of U. S. Government............ Depo,lts of States and polltical

subdivisions -------Deposits of banks.................................. Other deflOSits (certified and offi

cers' checks, etc.) ------- Bills payable --:-:.......,~---: Accepcaul'es executed by or for
account of this bank and out-
standing =---------
Other llablllties ---------

Capital - - - - - - - -

Surplus

-----

Undivided profits --------

Reserves

573,843.51 210,737.71
6,412.35
206,008.54 None
30,035.26 None
None 10,000.00 25,000.00 50,000.00 63,627.01
None

Total Liablllties - - - - - - $ 1,175,664.38

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE BANK OF ELLIJAY Ellijay, Ga.

As called for by the Superintendent of Banks

E. T. HUDSON, President.
Date of Charter: 5-21-1914

GLEN W. MARSHALL, 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 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 lndl
rectly representing bank premises or other real estate...._,..,-~---,- Customers' liability to this bank on acceptances outstanding____
Other assets --------------------

396,289.03 1,744,647.38
198,658.03 None None
119,424.34 2,400.00 None
None None 11,018.32

Total Assets -------------$ 3,072,437.10

LIABILITIES
Demand deposits ------------------- $ Tlme deposits -------------Deposits of U. S. Government............ Deposits of States and polltical
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 llablllties .
Capital --------------------Surplus ---------Undivided profits ----------Reserves -----

1,248,697.64 1,277,514.58
47,498.01
301,513.18 None
6,434.19 None
None 10,813.69 50,000.00 50,000.00 4,970.81 75,000.00

Total Llabllltles ------------$ 3,012,437.10

60

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE 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

JOHN L. CARR, JR., Cashier.
Began Business: 4-16-1951

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection__ $ United States Government ob!lgatlons, direct and guaranteedObllga~l~n!' of States and political SUbdiVlSIOnS ------------------Other bonds, notes, and debentures.... Corporate stockJS (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' llabillty to this bank on acceptances outstanding_______
Other assets ____

491,254.10 1,069,428.31
None None None 805,217.05 ;\3,258.50 None
None None 4,260.58

Total Assets - - - - - - - - - $ 2,393,418.54

LIABILITIES Demand deposits ------------------------------$ Time deposits -------------------------------------Deposits of U. S. Government____________
Deposits of States and political Despuobsditisvisoifonbsan-k-s_-___-__-__-___-__-___-__-___-__-__-___-__-__
Other deposits (certified and off!cers' checks, etc.) ---------------
Bllls payable -------------------Acceptances executed by or for
account of this bank and out-
standing -------------------------------Other llabll!ties ----------------------Capital -------------------------Surplus ---------------------Undivided profits ------Reserves ------------------

1,494,937.37 537,852.02 63,884.92
149,480.79 None
11,148.47 None
None 28,438.02 50,000.00 50,000.00 5,102.29 2,574.66

Total Liabilities ---------------$ 2,393,418.54

STATEMENT

Showing conditio~ at the close of business December 31, 1954, 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. LONGINO, Cashier.
Began Business: 1902

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items In process of collection__ $ United States Government obligations, direct and guaranteed___ Ob!lgations of States and political subdivisions --------------------------------Other bonds, notes, and debentures____ Corporate stockJS (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' llabillty to this bank on acceptances outstanding________________
Other assets ---------------------

Total Assets

$

254,733.23 549,000.00
None None None 430,850.96 17,439.99 None
None None 13,923.51 1,265,947.69

LIABILITIES Demand deposits ------------------------- $ TDiempeosidtespoofsitUs . --S--.---G--o--v--e-r-n--m---e-n--t-_-_-__-_-_-_-__-_-__
Deposits of States and political
subdivisions ------------------Deposits of banks......----------------------- Other deposits (certified and offi-
cers' checks, etc.) ------------------- Bi!ls payable ----------------------------------- Acceptances executed by or for
account of this bank and out-
standing --------------Other llabillties ---------------------------Capits1 --------------------------------- Surplus ---------------------------------------Undivided profits ---------Reserves ---------------------

901,147.44 226,881.02
3,346.70
26,402.69 None
610.44 None
None 5,289.19 25,000.00 41,000.00 3,372.91 32,897.30

Total Liabilities ------------------------ $ 1,265,947.69

THIRTY-FIFTH ANNUAL REPORT

61

STATEMENT

Showing condition at :the close of business December 31, 1954, of

FARMERS &: MERCHANTS BANK Fayeiteville, 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 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' liablllty to this bank on acceptances outstanding__________________
Other assets --------------------------------

638,435.10 355,000.00
None None None 237,171.35 900.00 None
None None None

Total Assets ----------------------$ 1,231,506.45

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

819,802.90 21,711.21
9,236.55
288,000.00 None
5,050.64 None
None None 25,000.00 50,000.00 12,705.15 None

Total Liabilities ------------------------- $ 1,231,506.45

STATEMENT

Showing condition a:t :the close of business December 31, 1954, of

BANK OF FINLEYSON Finleyson~ Ga.

As called for by :the Superintendent of Banks

R. L. SCARBOROUGH, President.
Date of Charter: 9-20-1910

CLARENCE FINLEYSON, Cashier.
Began Business: 9-20-1910

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection___ $ 97,532.90

United States Government obliga-

tions, direct and guaranteed._______ 124,882.50

Obligations of States and political

subdivisions ----------------------------Other bonds, notes, and debentures....

None None

Corporate stocks (including stock of

Federal Reserve Bank)------------

None

Loans and discounts (including

overdrafts) ------------------------------ 272,514.40

Bank premises owned, furniture and

fixtures -----------------------

246.00

Real estate owned other than bank

premises -----------------------Investments and other assets Indi-

None

orrecotltyherrerperaelseensttianteg__b_l_l!_n_k___p_r_e_m__i_s_e_s

None

Customers' liability to this bank on

acceptances outstanding________

None

Other

assets

-

---

-

-

-

-

-

-

----

-

-

--

-

-

None
--

Total Assets -------------------$ 495,175.80

LIABILITIES

Demand deposits

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

Time deposits --------------------------------- Deposits of U. S. Government____________

Deposits of States and political

Despuobsditisvisoifonbsan-k--s--_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_--_---

Other deposits (certified and offi-

cers' checks, etc.) -------------------------Bills payable -----------------------------------Acceptances executed by or for

account of this bank and out-

standing ----------------------------------Other liabilities ------------------------------------

Capita! -------------------------------------------------- Surplus ------------------------------------------------ Undivided profits -----------------------------

Reserves -----------------------------------------

338,628.77 24,766.40
None
43,226.83 None
3,978.25 None
None 5,773.45 25,000.00 25,000.00 28,602.10
200.00

Total Liablllties ------------------------ $ 495,175.80

,

62

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE FIRST STATE BANK OF FITZGERALD Fitzgerald, Ga.

As called for by the Superintendent of Banks

B. I. ANDERSON, President.
Date of Charter: 5-24-1948

RALPH W. JERNIGAN, Cashier.
Began Business: 7-19-1948

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash Items In piOcess 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 Indirectly representing bank premises or other real estate-.,-,--,-~ Customers' !lability to this bank on acceptances outstanding_ _ __
Other assets
Total Assets _

504,863.35 539,125.00
None None None 831,670.25 12,728.39 None
4,379.37 None
1,186.31 1,893,952.67

LIABILITIES Demand deposits ----------------------------$ TDiempeosidtespoosfitUs . --S--.----G--o--v--e--r-n--m---e-n--t-_-_-_-_-_-__-_-_-_-_-_ Deposits of States and political
Despuobsditisvisoifonbsan-k-s_-__-__-__-__-___-__-__-__-__-__-___-__-__-__
Other deposits (certified and officers' checks, etc.) ----------
Bills payable -------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------------------Other llablllties ------------------Capital ----------------------------------Surplus -----------------------Undivided profits -------------Reserves ---------------

1,027,426.58 279,188.81 8,748.00
326,048.81 52,921.97
2,958.36 None
None 659.84 100,000.00 25,000.09 71,000.30 None

Total Llabllltles _ _ _ _ _ _$ 1,893,952.67

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE CITIZENS BANK Folkston, Ga.

As called for by the Superintendent of Banks

WILLIAM MIZELL, President.
Date of Charter: 12-12-1911

C. E. GLENN, Cashier.
Began Business: 1-4-1912

ASSETS
Cash, balances with other banks, Ineluding reserve balances, and cash Items In process of collection.--$
United States Government obligations, direct and guaranteed..__
Obllgatlonr. of States and political
subdivisions ---------------Other bonds, notes, and debenturesCorporate 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

799,023.84 1,359,786.93
115,359.95 20,025.00 None
1,039,800.94 16,988.47 3,995.83
None None J,18f .tO

Total Assets

$ 3,357,168.36

LIABILITIES
Demand deposits --------$
TDiempeosidtespoosfitUs . -S-.-G-o-v-e-rn-m-e-n-t__-___-__-___-__ Deposits of States and political Despuobsditisvisoifonbsan-ks-_-__________-_-_-
Other deposits (certified and officers' checks, etc.) -----------------
Bills payable -------------------------------Acceptances executed by or for
account of this bank and out-
standing -------------------Other liabilities --------------Capital ---------------------------Surplus -----------------Undivided profits -------------Reserves ---------------

1,686,670.13 956,152.41 None
184,530.66 94,317.26
6,527.91 None
None 96,787.15 . 50,000.00 50,000.00 220,182.84 12,000.00

Total Liabilities --------$ 3,351,168.36

THIRTY-FIFTH ANNUAL REPORT

63

STATEMENT

Showing condition at the close of business December 31. 1954. 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 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
Refaixl tuesretaste--ow--ne-d--o-th-e-r--th-a-n--b-a-n-k
premises ----------------Investments and other assets indi-
orerctoltyherrerperaesl eensttiantge__b_a_n_k___p__re__m_i_s_e_s_
Customers' liability to this bank on acceptances outstanding______
Other assets ----------------------------

931,147.08 194,245.00 182,752.90
None None 224,857.76 4,193.24 None
None None None

Total Assets ---------------------$ 1,537,195.98

LIABILITIES

Demand deposits --------------------------------- $ Time deposits --------------------------------------n&>.,o~H-~ of U. ~- Government _______ _

Deposits of States and politica 1

subdiv
nPno:-~it~

i

soifo

nbs a

n

k--s--_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_

Other deposits (certified and offl-

ecrs' checks. etc.) ----------------Rills nayable ------------------------ Acceptances executed by or for
account of this bank and out-

"ltan<ling

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

Other liabilities ---------------------------capita1 -------------------------------------------------

Surplus ------------------------------------------------Undivided profits -----------------------------

Reserves ------------------------------------------

1,213,547.07 59,650.00 None
99,660.70 None
4,134.98 None
None None 40,000.00 10,000.00 6,000.00 104,203.23

Total Liabilities ----------------- $ 1,537,195.98

STATEMENT

Showing condition at !:he close of business December 31. 1954. of

THE FARMERS BANK Forsyth. Ga.

As called for by the Superintendent of Banks

R. 0. PERSONS, SR., President.
Date of Charter: 3-9-1910

JEP STUART, Cashier.
Began Business: 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 (lncludtng 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 ------------------------------------

223,846.25 605,000.00
None 32,000.00
None 353,402.21
2.00 1.00
None None 1,000.00

Total Assets ----------------------------.$ 1,215,251.46

LIABILITIES Demand deposits ------------------------------$ Time deposits -----------------------------------Deposits of U. S. Government..__________ Deposita of States and political Despuobsditisvisoifonbsan-k-s-.-.-.-..-.-..-_-_-__-_-__-_-__-_-__-_-_-__-_-__-_-__-_-_-_
Other deposits (certified and officers' checks, etc.) --------------------
Bills nayable ------------------------------------Acceptances executed by nr for
account of this bank and out-
standing --------------------------------Other llablllties -------------------------Capital -----------------------------------------------Surplus ----------------------------------Undivided profits ----------------------------Reserves ----------------------------------------------

788, 733.6~ 138,510.97
1,135.82
121,80().00 None
2,101.91 None
None None 50,000.00 50,000.00 None 62,969.16

Total Liabilities -------------------- $ 1,215,251.46

64

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of
MONROE COUNTY BANK Forsyth, Ga.

As called for by the Superintendent of Banks

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 obligations, direct and guaranteed ____ Obllgat.lo;n~ of States and polltlcal
subdlVlSlOllS -- -------------------------------
Other bonds, notes, and debentures .. Corporate stock" (including stock of
Federal Reserve Bank) ___ Loans and discounts (including
overdrafts) ------------------------------------Bank premises owned, furniture and
fixtures -------------------------------------Real estate owned other than bank
pr:emises --------------------------------Investments and other assets Indi-
rectly representing bank premises or other real estate________ _
Customers' !lability to this bank on
acceptances uutstanding ______ _
Other assets -------------------------------

400,284.99 672,808.38 142,534.57 28,682.15
None 926,446.03
251.00 695.00
None None None

Total Assets ---------------------------------$ 2, 171,702.12

LIABILITIES Demand deposits ----------------------------------$
DTiempoesidtsepoofsitus. --S--.---G---o--v--e--r-n--m---e-n--t--__-_-_-_-_-_-_-_-__--_
Deposits of States and political
Despuobsdiitsvisoifonbsan-k-s--_-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-
Other deposits (certified and officers' checks, etc.) - - - - - -
Bills payable ---------Acceptances executed by or for
account of this bank and out-
standing -----------Other liabilities ------------Capital --------------------------Surplus ----------------Undivided profits ----------Reserves ------------------------------------

1,148,121.52 714,936.68 73,422.68
98,433.19 None
8,149.80 None
None 18,951.40 25,000.00 60,000.00 12,186.85 12,500.00

Total Liabilities -------------------------- $ 2,171, 702.12

STATEMENT

Showing condition at the close of business December 31, 1954, 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 ;ash, balances with other banks, In-
cluding reserve balances, and cash items in process of collection_______ $ Unit"d States Government obligations, direct and guaranteed..__ Ob!iga~i~n~ of States and political SUbdlVlSlOnS ------------------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' UaN!Ity to this bank on acceptahces outstanding______
Other assets --------

395,003.01 478,700.00
None None None 394,200.86 500.00 None
None None None

Total Assets -------------------$ 1,268,403.87

LIABILITIES

Demand deposits --------------------------------$ Time deposits ------------------------------Deposits of U. S. Government____________

Deposits of States and political

Despuobsditisvisoifonbsan-k-s-_--_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_

Other deposits (certified and offi-

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

Bills payable --------------------------Acceptances executed by or for
account of this bank and out-

standing -------------------Other !labilities --------------

Capital ------------------------------------

Surplus ------------

-

Undivided profits ----------

Reserves -----------------------

724,076.03 282,575.52
3,381.28
118,359.37 None
3,457.00 None
None None 25,000.00 75,000.00 36,554.67 None

Total Liabilities -------------------$ 1,268,403.87

THIRTY-FIFTH ANNUAL REPORT

65

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF FORT VALLEY Fort Valley, Ga.

As called for by the Superintendent of Banks

W. E. GREENE, President.
Date of Charter: 10-11-1924

HERBERT HUCKABEE, Cashier.
Began Business: 10-15-1924

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 (lncludlng overdrafts) ----------------------------Bank premises owned, furniture and fixtures ___ -----------------------------------Real estate owned other than bank premises -----------------------------------------Investments and other assets Indiorerctoltyherrerperaesl eensttiantge__b_a__n_k___p_r_e_m___is_e_s
Customers' liability to this bank on acceptances outstanding_____________
Other assets -----------------------------------
Total Assets ---------------------------------$

637,351.26 1,992,34 7.82
89,277.83 None None
1,302,909.63 14,909.68 None

LIABILITIES Demand deposits -------------------------------$ Time deposits -------------------------------------Deposits of U. S. Government___________ Deposits of States and political Despuobsdiitvs isoifonbsan-k--s-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_
Other deposits (certified and offi-
cers' checks, etc.) -------------------Bills payable -----------------------------------Acceptances executed by or for
account of this bank and out-
standing ----------------------------------Other liabilities -------------------------------CapitaI ---------------------------------------------Surplus ----------------------------------------Undivided profits ----------------------------Reserves c.------------------------------------------

2,836, 761.41 213,763.75 42,195.48
474,877.34 None
15,117.64 None
None 60,626.50 100,000.00 100,000.00 193,454.10
None

None

None None

4,0-3-6,-79-6-.2-2-

-

-

--

-

Total Liabilities
-------------

___________________________ $
------------

4,036,
----

796.22
----

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE BANK OF HEARD COUNTY 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 process of collection___ $ United States Government obligations, direct and guara;nteed.____ 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 lndl-
rect!Y representing bank premises or other real estate___________
Customers' liability to this bank on acceptances outstanding______
Other assets ___

487,199.84 485,756.00
2,500.00 None None
543,511.96 4,967.97 None
None None None

Total Assets ---------------------------------$ 1,523,935. 77

LIABILITIES Demand deposits -------------------------$ Time deposits -----------------------Deposits of U. S. Government____ Deposits of States and political
Despuobsditisvisoifonbsan-k-s_-_-__-_-__-_-__-_-__-_-_-__-_-__-_

Other deposits (certified and offi-

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

Bills payable ------------------Acceptances executed by or for

account of this bank and out-

standing __

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

Otber liabilities --------------------------------

Capital --------------------------------------

Surplus ---------------------------------

Undivided profits ---------------------

Reserves -----------------------

652,123.42 550,536.20
26,526.79
107,981.90 None
6,848.45 None
None 4,000.00 25,000.00 100,000.00 27,827.01 23,092.00

Total Liabilities ----------------------$ 1,523,935.77

66

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE CITIZENS BANK Gainesville, Ga.

As Called for by the Superintendent of banks

JOHN H. HOSCH, President.
Date of Charter: 5-19-1913

R. A. BRICE, Cashier.
Began Business: 6-1913

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection__......$ United States Government obllgations, direct and guaranteed.______ Obllgations of States and polltical subdivisions ---Other bonds, notes, and debentures~-- Corporate stock'S (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' llability to this bank on acceptances outstanding________________
Other assets --------------------------------------

1,789,390.82 1,780,911.94
176,110.00 None None
1,692,136.18 33,137.15 None
None None None

Total Assets ---------------------------$ 5,4 71,686.09

LIABILITIES Demand deposits ------------------------------$ TDiempeosditespoosfitUs . --S--.--G---o-v--e--r-n-m---e-n--t-_-_-_-_-__-_-_-_-_-_ Deposits of States and polltical
Despuobsdiitvs isoifonbsan-k-s_-__-__-___-__-__-__-__-___-__-__-__-__-__-__
Other deposits (certified and officers' checks, etc.) ----------
Bllls payable -------------Acceptances executed by or for
account of this bank and out-
standing ---------------Other llablllties ------------Capital -------------------------------------Surplus -------------------------------Undivided profits --------------Reserves ----------------------------------

2,980,646.00 740,927.35 135,274.51
829,043.76 325,798.93
15,379.11 None
None None 100,000.00 100,000.00 244,616.43 None

Total Liabilities -------------------$ 5,471,686.09

STATEMENT

Showing condition at the close of business December 31, 1954, 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., Cashier.
Began Business: 11-27-1905

ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash

Items In process of collection______.$ 107,964.26

United States Government obllga-

tions, direct and guaranteed..______ 136,000.00

Obllgatlons of States and polltical

subdivisions __

76,000.00

Other bonds, notes, and debentures____

None

Corporate stocks (Including stock of

Federal Reserve Bank)------------------

None

Loans and discounts (Including

overdraits) ----------------------------

90,334.12

Bank premises owned, furniture and

fixtures -----------------------------------------

10,600.00

Real estate owned other than bank

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

None

roerctoltyherrepreraesl eensttiantge__b__a__n__k____p_r__e_m___i_s_e__s

None

Customers' liability to this bank ou acceptances outstanding__________________

None

Other

assets

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

-

-

None
--

Total Assets --------------------------------$ 420,898.38

LIABILITIES Demand deposits ---------------------------$ TDiempeosidtespoosfitUs . --S--.---G---o-v--e--r-n--m---e-n--t-_-_-_-_-_-_-_-_-_-_-_
Deposits of States and polltical
Despuobsdiitsvisoifonbsan-k-s--_-__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_
Other deposits (certified and officers' checks, etc.) ------------------------
Bllls payable --------------------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------------ Other llabllltles --------------Capital --------------------------------------------Surplus ------------------------------------------------Undivided profits ------------------------------Reserves ---------------------------------------

392,385.21 None None
None None
152.75 None
None None 15,000.00 5,000.00 1,360.42 7,000.00

Total Llab!IItles --------------------------$ 420,898.38

THIRTY-FIFTH ANNUAL REPORT

67

STATEMENT

Showing conditional the close of business December 31, 1954, of

CITIZENS BANK Glennville, Ga.

As Called for by the Superintendent of banks

T. R. SMITH, President.
Date of Charter: 12-31-1942

MRS. MARGARET D. BACON, Cashier.
Began Business: 1-4-1943

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

Items In process of collection _______ $ 42,383.96

United States Government obllgatlons, direct and guaranteed ________ 338,000.00

Obligations of States and political

subdivisions --------------------------------Other bonds, notes, and debentures ___

94,000.00 None

Corporate stock" (including stock of

Federal Reserve Bank)------------------

None

Loans and discounts (including

overdrafts) ------------------------------Bank premises owned, furniture and

378,758.58

fixtures ---------------------------------Real estate owned other than bank

26,418.30

premises ------------------------------------Investments and other assets Indi-

None

rectly representing bank premises or other real estate._________________________

None

Customers' liablllty to this bank on acceptances outstanding__________________

None

Other

assets

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

-

-

None
--

Total Assets ______________________________.$ S79,560.84

LIABILITIES Demand deposits --------------------------$ Time deposits -------------------------------------Deposits of U. S. Government............ Deposits of States and political
Despuobsdiitsvisoifonbsan-k--s-.-.-.-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_
Other deposits (certified and offi-
cers' checks, etc.) -----------------------Bllls payable ----------------------------------Acceptances executed by or for
account of this bank and out-
standing ---------Other liablllties -------------------Capital-------------------------Surplus -------------------------Undivided profits ------------Reserves -------

375,016.99 229,409.55
None
131,028.74 None
71.08 None
None 5,438.65 60,000.00 40,000.00 38,595.83
None

rota! Liablllties ------------------------~ 879,560.84

STATEMENT

Showing condition at the close of business December 31, 1954, 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 process of collection........~ United States Government obligations, direct and guaranteed------- Obligations ot States and political subdivisions -----------------------------------Other bonds. notes, and debentures ____ Corporate stoc~ (Including stock of }'ederal 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' liablllty to this bank on acceptances outstanding_______
Other assets ------------------
Total Assets ______________,_$

316,124.08 1,010,496.30
8,000.00 None None
617,911.87 9,000.00 None
None None None 1,961,532.25

LIABILITIES
Demand deposits ---------------------------$
Time deposits ---------------------------------Deposits of U. S. Government.._____ Deposits of States and political Despuobsdiitvs isoifonbsank-s.-._-__-__-__-__-__-__-__-__-__-__-__-_
Other deposits (certified and officers' checks, etc.) -------------------------
Bllls payable ---------------------------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------------------------Other liabilities ----------------------------------Capital ---------------------------------------------Surplus ------------------------------------------Undivided profits ------------------------------Reserves -------------------------------

1,168,439.66 405,339.99 15,454.72
242,369.87 None
5,215.41 None
None None 30,000.00 50,000.00 25,357.89 19,354.71

Total Liabilities - - - - - - - $ 1,961,532.25

68

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, 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 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 lndi-
rectly representing bank premises or other real estate__________________________
Customers' liab!llty to this bank on acceptances outstanding__________
Other assets ----------------------

Total Assets

$

255,254.19 200,000.00
None None None 326,161.97 14,099.94 None
None None None 795,516.10

LIABILITIES Demand deposits -------------------------$ Time deposits --------------------------------------Deposits of U. S. Government. Deposits of States and political
Despuobsditisvisoifonbsan-k-s--_-_-_-_-_-_--_-_-_-_-_-_-_--_-_-_-_-_-_--_-_-_
Other deposits (certified and offi-
cers' checks, etc.) -------------------B!lls payable ------------------------------Acceptances executed by or for
account of this bank and out-
standing --------------------------Other liabilities --------------------------------Capital -----------------------Surplus ------------------------Undivided profits ------------------------Reserves ------------------

459,973.93 106,786.10
1,050.00
131,322.82 None
18.0() None
None None 35,000.00 35,00(),00 23,365.25 3,000.00

Total Liabilities -------------------------- $ 795,516.10

STATEMENT

Showing condition at the close of business December 31, 1954, 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 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' liab!l!ty to this bank on acceptances outstanding__________
Other assets -------------

Total Assets _

$

343,275.35 254,000.00
None None None 367,465.84 2.00 None
None None None 964,743.19

LIABILITIES Demand deposits ------------------------ $ Time deposits ------------------------Deposits of U. S. Government____________ Deposits of States and political
Despuobsdiitsvisoifonbsank-s-_--_-_-_-_-__-_-_-_-__-_-_-__-_-_-_-__-_-_-__-_-_-_-__-_-_-_-_
Other deposits (certified and officers' checks, etc.) -------------------------
Bills payable -----------------------------------Acceptances executed by or for
account of this bank and out-
standing ---- -------------------------------Other liabilities --------------------------------Capital -----------------------------------------------Surplus --------------------Undivided profits ----------------------------Reserves -------------------------

567,123.36 132,174.16
None
148,830.88 None
11,517.13 None
None None 25,000.00 75,000.00 5,097.66 None

Total Liabilities ____ _ ______ ___ .. $ 964,743.19

THIRTY-FIFTH ANNUAL REPORT

69

STATEMENT

Showing condition at the close of business December 31, 1954, 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-
cluding reserve balances, and cash items i!l 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--:-----c:---,---Customers' liability to this bank on acceptances outstanding______
Other assets -----------------

559,145.49 263,600.00 39,000.00
None None 725,400.22 14,806.34 None
None None None

Total Assets -----------------------------$ 1,601,952.05

LIABILITIES Demand deposits ..................................$
TDhenpeosidtespoosfitUs . --S-.--G--o-v--e-r-n-m--e-n-t-.-._-_-__-__-_-__Deposits of States and political
Despuobsdiitsvisoifonbsan-k-s-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-_
Other deposits (certified and offi-
Bl~;';"s~ac::~~s, --~-~~:~__:::::::-.::::::::::::::::::::
Acceptances executed by or for account of this bank and out-
standing ----------------------------Other liabilities --------------------------Capital ---------------------------------------------Surplus ----------------------------------------Undivided profits -----------------------Reserves ~-------------------

680,924.60 551,971.89
34,875.33
133,964.27 None
6,895.63 None
None 6,500.00 50,000.00 50,000.00 36,820.33 50,000.00

Total Liabilities --------------------------- $ 1,601,952.05

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE CITIZENS BANK Greensboro, Ga.

As Called for by the Superintendent of banks

J. M. REYNOLDS, President.
Date of Charter: 3-9-1946

W. W. BELL, JR., Cashier.
Began Business: 4-1-1946

ASSETS Cash, balances with other banks, In-
eluding reserve balances, and cash items In process of collection__ $ United States Government obligations, direct and guaranteed.......... Obliga~l~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 indi-
rectly representing bank premises or other real estate___________
Customers' llabil1ty to this ba;nk on acceptances outstanding____
Other assets -----------

388,658.86 230,000.00 46,000.00
None None 483,330.80 2,963.11 None
None None 596.70

Total Assets ---------------$ 1,151,549.47

LIABILITIES Demand deposits --------------------------------$ TDhenpeosidtespoosfitUs . --S--.---G---o--v-e--r-n--m---e-n--t-_-_-_-_-_-__-_-_-_-_-_
Deposits of States and political
Despuobsdiitvs isoifonbsan-k-s-..-_-__-__-_-__-__-_-__-_-__-__-_-__-__-_-__-_-__-_
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 -----------------------------

679,388.26 238,235.25 10,031.50
91,219.20 None
1,723.97 None
None None 62,500.00 12,500.0() 5,951.29 50,000.00

Total L1abi11t1es - -

... $ 1,151,549.47

70

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE GREENVILLE BANKING CO. Greenville, Ga.

As Called for by the Superintendent of banks

H. W. HILL, JR., President.
Date of Charter: 10-24-1887

J. P. ATKINSON, Cashier.
Began Business: 1891

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 premises owned, furniture and
Refaixl tuersetaste--ow-n-ed-oth-e-r -t-h-an--b-a-n-k 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 -------------$

170,420.30 496,000.00
18,276.13 None None
470,171.82 10,428.43
None
None None None 1,165,296.68

LIABILITIES Demand deposits -----------------.$ TDiempeosditespoosfitUs . --S-.--G--o--v-e-r-n-m--e--n-t-__-_-__-_-__-_-__-_
Deposits of States and political
Despuobsdiitsvisoifonbsan-k-s-__-__-__-__-__-__-___-__-__-__-__-__-__-__-__-___
Other deposits (certified and officers' checks, etc.) --------------------------
Bills payable ------------------------------Acceptances executed by or for
account of this bank and out-
standing --------------Other !labilities ------------------Capital ---------------------------Surplus ---------------------------------- Undivided profits ------------------Reserves -------------------------

711,950.03 272,240,,15
4,086.57
60,273.31 None
644.86 None
None 3,104.17 50,000.00 25,000.00 31,997.59 6,000.00

Total Liabilities --------------- $ 1,165,296.68

STATEMENT

Showing condition at the close of business December 31, 1954, of

COMMERCIAL BANK 8t TRUST CO. Griffin, Ga.

As Called for by the Superintendent of banks

D. J. ARNOLD, President.
Date of Charter: 10-11-1889

C. T. PARKER, Cashier.
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 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' !lability to this bank on acceptances outstanding______________
Other assets----------

2,100,275.25 3,908,632.50
None 2,575.00
None 3,008,696.44
46,375.75 19,535.60
None None 1,247.37

Total Assets ------------------------$ 9,087,337.91

LIABILITIES Demand deposits --------------------------$ TDiempeosidtespoosfitUs . --S--.---G--o--v-e--r-n--m--e--n-t-_-_-_-__-_-_-__-_-_-_
Deposits of States and political Despuobsdiitsvisoifonbsan-ks-_-_-_-_-_-_-_-_-_-_ -
Other deposits (certified and officers' checks, etc.) -----------
Bills payable ---------------------------- Acceptances executed by or for
account of this bank and out-
standing --------------Other !labilities ----------------------Capital ---------------------------Surplus ---------------------------Undivided profits --------------Reserves ---------------------------

4,767,033.31 2,221,381.94
312,557.30
593,049.91 116,936.46
69,977.67 None
None 290,000.72 200,000.00 200,000.00 316,400.60
None

Total Liabilities -------------$ 9,087,337.91

THIRTY-FIFTH ANNUAL REPORT

71

STATEMENT

Showing condition al the close of business December 31. 1954, 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 Business: 5-2-1933

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash Items in process of collection__$ United States Government obligations, direct and guaranteec!.__ 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' l!ab!l!ty to this bank on acceptances outstanding_______
Other assets .

1,645,507.69 3,325,894.27
67,828.85 157,102.43
None 1,865,131.77
13,844.39 82,730.14
None None None

Total Assets _______________ $ 7,158,039.54

LIABILITIES Demand deposits ---------------- $ Time deposits -----------------Deposits of U. S. Government............ Deposits of States and pol!tical
Despuobsditisvisoifonbsank-s..-._-___-__-__-___-__-__-___-__-__-_
Other deposits (certified and off! cers' checks, etc.) ----------
Bills payable ---------------- Acceptances executed by or for
account of this bank and outstanding ..
.Pther liabilities --------------------Capital ----------------------_____
Surplus ------------------Undivided profits --------------Reserves --------------------------

4,604,555.05 956,736.92 269,001.75
481,149.53 None
17,611.07 None
None 867.64 200,000.00 550,000.00 78,117.58 None

Total L!ab!l!t!es ---------------- $ 7,158,039.54

STATEMENT

Showing condition at the close of business December 31, 1954. of

JONES COUNTY BANK Haddock. Ga.

As Called for by the Superintendent of banks

L. M. WOODCOCK, President.
Date of Charter: 7-14-1905

L. M. WOODCOCK, Cashier.
Began Business: 7-25-1905

ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash

Items In process of collection__$

United States Government obl!ga-

t!ons, direct and guaranteec!.__

Obligations of States and pol!t!cal

subdivisions __________

..

Other bonds, notes, and debentures.... Corporate stock'S (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-
roerctoltyherreprereasl eensttiantge._b__a__n__k____p__r_e_m___i_s__e_s_

Customers' liability to this bank on acceptances outstanding.._____________

Other assets --------------------------------------

Total Assets -------------------------- $

181,119.90 114,500.00
None None None 238,867.86
1.00 None
None None None 534,4S8.76

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.) -------------------B!lls payable ........................................ Acceptances executed by or for
account of this bank and out-
standing --------------------------------Other liabilities -----------------------------Capital --------------------------------------------Surplus .............-------------------------------Undivided profits ----------------------------
Reserves -------------------------------------

290,654.12 70,377.41 4,646.25
67,500.00 None
3,225.10 None
None None 25,000.00 50,000.00 23,085.88 None

Total Liab!lit!es ........................... $ 534,488.76

72

DEPARTMENT OF BANKING

STATEMENT

Showing condition at :the close of business December 31, 1954, of

CITIZENS BANK OF HAHIRA Hahira, Ga.

As Called for by :the Superintendent of banks

D. K. HOlLIS, President.
Date of Charter: 2-12-1927

M. W. KIRKLAND, Cashier.
Began Business: 2-21-1927

ASSETS

Cash, balances with other banks, in-

eluding reserve balances, and cash

items in process of collection__ $ 327,285.71

United States Government obliga-

tions, direct and guaranteed.......... 324,445.97

Obligations of States and political

subdlvisions --------------------------------Other bonds, notes, and debentures ___

None 20,000.00

Corporate stocks (including stock of

Federal Reserve Bank)-------------------

None

Loans and discounts (Including

overdrafts) ------------ 255,589.53

B'ink prBmises owned, furniture and

fixtures ----------------------Real estate owned other than bank

7,000.98

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

9,648.12

rectly representing bank premises or other real estate_______________

None

Customers' liability to this bank on

acceptances outstanding_______

None

Other assets ------------------------------------------ - - -No-ne

Total Assets ---------------------------------$ 943,970.31

Demand deposits __L__I__A__B__I__L__I_T__I_E__S________$
Time deposits ------------------------------Deposits of U. S. Government............ Deposits of States and political
Despuobsdiitsvisoifonbsan-k-s--_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-
Other deposits (certified and officers' checks, etc.) -----------------------
Bills payable --------------------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------------Other liabi!lties -----------------------------------Capital ------------------------------------------Surplus ------------------------------------------Undivided profits -------------------------Reserves ---------------------------------------------

457,534.26 296,190.24
5,747.23
36,330.36 14,102.68
1.00 None
None 11,750.96 15,000.00 45,000.00 2,313.58 60,000.00

Total Liabilities

$ 943,970.31

STATEMENT

Showing condition at :the close of business December 31, 1954, of

COMMERCIAL BANKING COMPANY Hahira, Ga.

As Called for by :the Superintendent of banks

TALLEY LAWSON, President.
Date of Charter: 1-29-1945

V. A. GASKINS, Cashier.
Began Business: 4-5-1945

ASSETS

Cash, balances with other banks, in-

eluding reserve balances, and cash

Items in process of collection._.$ 185,996.43

United States Government obliga-

tions, direct and guaranteed____

275,163.61

Obllga~i~n.s of States and political

SUbdiVlSIOllS ---------------------------
Other bonds, notes, and debentures....

None None

Corporate stocks (Including stock of Federal Reserve Bank) _______

None

Loans and discounts (Including

overdrafts) --------------------Bank premises owned, furniture and

123,616.57

fixtures -------------------------Real estate owned other than bank

2,220.00

premises _

None

Investments and other assets Indi-

roerctoltyherreprereasleensttiantge__b__a_n__k____p_r__e_m___i_s_es

None

Customers' liability to this bank on acceptances outstanding____________

None

- - - - - Other assets - - - - - - - - - - -

None

Total Assets - - - - - - - $ 586,996.61

LIABILITIES
Demand deposits ---------------------------$
TDiempeosditespoosfitUs .---S--.---G---o--v-e--r-n--m---e--n-t-_--_--_-_-_-_-_-_-_-_-_-_ Deposits of States and political
Despuobsdiitsvisoifonbsan-k-s--__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-
Other deposits (certified and officers' checks, etc.) -------~~~~-w-~-~~----~
Bills payable -----------------------------------Acceptances executed by or for
account of this bank and out-
standing ----------------------------Other Iiabllltles ------------------------Capital -------------------Surplus ------------------------------Undivided profits ----------------Reserves ------------------------------------

353,980.41 159,199.80
1,065.09
4,806.62 None
11,849.03 None
None 2,500.00 25,000.00 5,000.00 1,095.66 22,500.00

Total Liabilities ---------------$ 586,996.61

l

THIRTY-FIFTH ANNUAL REPORT

73

STATEMENT

Showing condition at :the close of business December 31, 1954, of

CITIZENS BANK 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: 9-4-1945

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

625,804.23 1,007,477.78
None None None 1,775,345.81 45,302.12 8,238.57
None None 5,452.47 3,467,620.98

LIABILITIES Demand deposits -----------------------$ 'DriempeosidtespoosfitUs . --S-.---G--o-v-e--r-n-m--e-n--t_-_-_-_-_-_-_-_-_
Deposits of States and political Despuobsdiitvs isoifonbsan-ks-__-__-___-________________
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 ---------------------------

2,360,242.85 618,526.26 22,758.32
153,300.00 24,577.50
31,105.28 None
None 75,951.38 100,000.00 50,000.00 31,159.39
None

Total Liabilities ------------------$ 3,467,620.98

STATEMENT

Showing condition ai :the close of business Decembe:t' 31, 1954, 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: 12-13-1909

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection________ $ United States Government obligations, direct and guaranteed_________ Obligations of States and political subdivisions -----------------------------------Other bonds, notes, and debentures____ Corporate stockls (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' liabll!ty to this bank on acceptances outstanding_________________
Other assets -----------------------------------
Total Assets _________________________________ $

226,839.17 265,000.00 29,875.00 450,000.00
None 333,084.25
6,890.58 None
None None None 1,311,689.00

LIABILITIES Demand deposits ----------------------------------$ Time deposits -------------------------------------Deposits of U. S. Government____________
Deposi!s. _of States and political DeSpUobsdiitVs ISoIfOnbsan-k--s-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-
Other deposits (certified and officers' checks, etc.) --------------------------
Bills payable ---------------------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------------------Other liabilities -----------------------------------Capita! ------------------------------------------------Surplus -----------------------------------------------Undivided profits ------------------------------Reserves -------------------------------------------------

645,301.54 86,546.36 35,216.04
409,884.34 None
1,470.18 None
None 4,242.92 25,000.00 75,000.00 19,027.62 10,000.00

Total Liabilities -------------------------- $ 1,311,689.00

74

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

CITIZENS BANKING COMPANY HartwelL Ga.

As Called for by the Superintendent of banks

E. C. GRIFFETH, President.
Date of Charter: 11-28-1942

A. C. SKELTON, Vice-President. Began Business: 1-2-1943

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__

Obligations of States and political

subdivisions ----

_

Other bonds, notes, and debentures....

Corporate stock'S (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' llablllty to this bank on

acceptances outstanding____

Other assets --

Total Assets ----------$

623,206.66 1,916,461.37
157,100.58 274,959.01
None 633,417.63
7,506.51 None
None None None 2,712,651.76

LIABILITIES Demand deposits -----------$ Time deposits -----------Deposits of U. S. Government...--- Deposits of States and po!ltlcal
subdl visions
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 llabllltles -----------Capital ----------------Surplus --------------- Undivided profits ---------Reserves-

1,865,813.15 254,869.30 134,999.01 249,098.06 None 11,640.40 None
None None 50,000.00 50,000.00 96,231.84 None

Total Liabilities ------- $ 2,712,651.76

STATEMENT

Showing condition at :the close of business December 31, 1954, of

PLANTERS BANIC HawkinsvUle, 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: 3-1896

ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash Items In process of collection._._$ 370,517.09

United States Government obligations, direct and guaranteed..-----

499,259.69

Obligations of States and political subdivisions --------------
Other bonds, notes, and debentures ....

None None

Corporate stocks (Including stock of Federal Reserve Bank) _________

None

Loans and discounts (Including

overdrafts) -----------: Bank premises owned, furniture and
fixtures -----------...,---:---.,. Real estate owned other than bank
premises __

1,106,507.31 2,500.00 None

Investments and other assets Indi-

rectly representing bank premises

or other real estate-::-:--:---::--Customers' llablllty to this bank on

None

acceptances outstanding____

None

Other assets - - - - - - - -_ _ _ _____.,N~o~ne

Total Assets - - - - - - - - $ 1,978,784.08

LIABILITIES
Demand deposits ------- $ Time deposits ----------- Deposits of U. S. Government............ Deposits of States and po!ltlcal
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 llablllties --------Capital ------------------Surplus ------------ Undivided profits - - - - - - - Reserves ------------------

1,430,128.17 64,988.66 None
210,189.90 None
12,518.90 None
None None 100,000.00 50,000.00 75,000.00 35,958.46

Total LlabiJitles -----------$ 1,978,784.09

THIRTY-FIFTH ANNUAL REPORT

75

STATEMENT

Showing condiiion at :the close of business December 31, 1954, of

THE 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 reserve balances, and cash

Items In process of collection___ $ 246,810.96

United States Government obliga-

tions, direct and guaranteed- 210,000.00

Obligations of States and political

subdivisions -------.:~-:---:-- Other bonds, notes, and debentures_

335.08 None

Corporate stocks (Including stock of

Fed-eral Reserve Bank)----

None

Loans and discounts (Including

overdrafts)

515,557.84

Bank premises owned, furniture and

fixtures

16,585.22

Real estate owned other than bank

premises ----

None

Investments and other assets Indi-

rectly representing bank premises or other real estate__________

None

Customers' liability to this bank on

acceptances outstanding_____

None

- - - - Other assets --------------------------------------

None

Total Assets ------------------------ $ 989,289.10

LIABILITIES
Demand deposits ------------------ $ TDiempeosditespoosfitUs .--S-.--G--o-v--e-r-n-m--e-n-t-_-_-__-__-_-__-_-_
Deposits of States and political
subdivisions ------------- Deposits of banks------------------------------- Other deposits (certified and offi-
cers' checks, etc.) ---------Billa payable ---------------Acceptances executed by or for
account of this bank and out-
standing---------------------Other liabilities --------------------------Capital ---------------------------------------------- Surplus --------------------------Undivided profits ------------------------- Reserves ---------------------------------

560,050.34 160,630.10
None
178,623.88 None
2,872.94 None
None 6,752.96 50,000.00 25,000.00 5,358.88
None

Total Liabilities ------------------ $ 989,289.10

STATEMENT

Showing condiiion at the close of business December 31, 1954, of
BANK OF HAZLEHURST Hazlehurst, Ga.

As Called for by :the Superintendent of banks

JOHN ROGERS, President.
Date of Charter: 10-19-1906

MARY WALKER, Cashier.
Began Business: 10-1906

ASSETS Cash, balances with other banks, In-
cluding reserve balance. ""d cash Items In process of co!lectio11- $ United States Government obligations, direct and guaranteed___ Obligations of States and political subdivisions -----Other bonds, notes, and debentures.... Corporate stocks (including stock ot 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 inui-
rectly representing bank premises or other real estate____________
Customers' liability to this bank on acceptances outstanding________
Other assets -------------------------------------

816,512.59 653,492.00
None None None 255,515.67
2.00 1.00
None None 4,518.47

Total Assets ---------------------------- $ 1,730,041. 73

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

1,352,896.55 61.97 None
157,977.40 19,765.05
10,884.11 None
None 17,685.07 25,000.00 65,000.00 62,720.75 18,051.73

Total Liabilities ----------- $ 1,730,041.73

76

DEPARTMENT OF BANKING

STATEMENT

Showing condition a:t :the close of business December 31, 1954, of

BANK OF HIAWASSEE Hiawassee, Ga.

As Called for by :the Superintendent of banks

H. D. PARIS, President.
Date of Charter: 6-14-1909

ELOIS ANDERSON, Cashier.
Began Business: 7-21-1909

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection_______ $ 206,286.43

United States Government obligations, direct and guaranteed________

451,900.00

Obligations of States and political

subdivisions ------------------Other bonds, notes, and debentures___

None None

Corporate stocks (including stock of Federal Reserve Bank) ________________

None

Loans and discounts (including

overdrafts) ----------------------------Bank premises owned, furniture and

379,291.50

fixtures ----------------------------Real estate owned other than bank

35,339.05

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

1,400.00

rectly representing bank premises or other real estate______________

None

Customers' liab!llty to this bank on

acceptances outstanding______

None

Other assets ______

--------~1c_-:,0~4~0'.:..0~0

Total Assets _________________ $ 1,075,256.98

LIABILITIES Demand deposits ---------------------------------$
TDiempeosidtespoosfitus . --S--.---G--o--v--e--r-n--m--e--n--t-_-__-_-_-_-__-_-_-_-_
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 liab!llties -------------------------------Capital ---------------------------------------Surplus ------------------------------------------------Undivided profits -------------------------------Reserves ------------------------

510,831.94 386,823.04
1,666.00
52,861.36 None
15,744.69 None
None 7,872.57 50,000.00 47,500.00 1,957.38
None

Total Liablllties ----------------------- $ 1,075,256.98

STATEMENT

Showing condition a:t :the close of business December 31, 1954, 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 Government obligations, direct and guaranteed....._... Obliga~i~n~ of States and political
SUbd1VlSlOllS ----------------------------------
Other bonds, notes, and debentures____ Corporate stocks (including stock of
Federal Reserve Bank)----------------Loans and discounts (lncludlng
overdrafts) ---------------Bank premises owned, furniture and
fixtures --------------------------------Real estate owned other than bank
premises ----------------------------------Investments and other assets indi-
roerctoltyherreprereasl eensttiantge__b__a__n_k____p__r_e_m___i_s_e_s
Customers' liability to this bank on acceptances outstanding____________
Other assets --------------------------------------
Total Assets ________________________________ $

446,798.65 355,843.75 198,000.00
None None 550,536.78 23,754.17 None
None None 5,174.94 1,580,108.29

LIABILITIES Demand deposits --------------------------------- $ Time deposits -------------------------------------Deposits of U. S. Government____________
Deposits of States and political Despuobsdiitvs isoifonbsan-k--s-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_
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 --------------------------------

1,114,643.11 114,036.11 18,336.94
204,719.52 None
8,731.45 None
None 1,262.39 30,000.00 50,000.00 18,000.00 20,378.77

Total Liabilities ------------------------- $ 1,580,108.29

1

THIRTY-FIFTH ANNUAL REPORT

77

STATEMENT

Showing condition ai the close of business December 31, 1954, of

EMPIRE BANKING COMPANY Homerville, Ga.

As Called for by ihe 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 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 ban!<

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 _________________________________ $

590,399.95 250,000.00
5,000.00 None None
317,578.51 17,320.97
None
None None None 1,180,299.43

LIABILITIES

Demand deposits ----------------------------------$ Time deposits -------------------------------------Deposits of U. S. Government............ Deposits of States and political

Despuobsdiitvs isoifonbsan-k--s-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_

Other deposits (certified and offi-

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

Bills payable ---------------------------------------

Acceptances executed by or for

account of this bank and out-

standing

_

Other liablllt!es -----------------------Capital ------------------------------------------Surplus -----------------------------------------------Undivided profits ------------------------------

Reserves --------------------------------------------------

776,012.09 266,025.01 10,000.00
56,875.71 None
3,775.00 None
None 2,080.00 25,000.00 25,000.00 15,531.62
None

Total Liabilities ----------------------------$ 1,180,299.43

STATEMENT

Showing condition at the close of business December 31, 1954, of

JASPER BANKING COMPANY Jasper, Ga.

As Called for by the Superintendent of banks

R. M. EDGE, President.
Date of Charter: 1-17-1945

JAY L. HARRISON, Cashier.
Began Business: 3-12-1945

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 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 ________________________________ $

581,281.14 830,319.81
None None None 651,192.73 16,212.15 None
None None 1,338.50 2,080,344.33

LIABILITIES Demand deposits --------------------------------$ Time deposits --------------------------------------Deposits of U. S. Government____________ Deposits of States and political
Despuobsdiitvs isoifonbsan-k--s-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-_-_
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 ------------------------------------------

1,188, 767.76 427,055.69 31,367.36
282,568.58 None
None None
None 1,681.17 25,000.00 50,000.00 48,903.77 25,000.00

Total Liabilities --------------------------$ 2,080,344.33

78

DEPARTMENT OF BANKING

STATEMENT

Showing condi:tion at the close of business December 31, 1954, of

WAYNE STATE BANK Jesup, Ga.

As Called for by the Superintendent of banks

W. GLENN THOMAS, President.
Date of Charter: 8-5-1953

P. B. COLLINS, JR., Cashier.
Began Business: 1-2-1954

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash Items In process of collection........$ United States Government obligations, direct and guaranteed...__ Obllgat!ons 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' llab!l!ty to this bank on acceptances outstanding______ Other assets ---------
Total Assets --------$

266,676.58 200,329.09
None None None 303,533.78 26,325.57 None
None None 1,097.81 797,962.83

LIABILITIES
Demand deposits ----------$ Time deposits -------Deposits of U. S. Government...----Devosits 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 ---------------

437,638.16 103,109.72
487.50
118,156.19 None
3,052.97 None
None None 100,000.00 25,000.00 10,518.29 None

Total Liab!l!t!es ---------$ 797,962.83

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF JONESBORO Jonesboro, Ga.

As Called for by the Superintendent of banks

J. 0. HIGHTOWER, Vice-President.
Date of Charter: 10-6-1903

V. H. STEPHENS, Cashier.
Began Business: 11-7-1903

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

311,054.64 1,147,888.45
None 32,410.60
None 300,312.93
5,154.51 None
None None None

Total Assets ----$ 1,796,821.13

LIABILITIES Demand deposits ----------.$ Time deposits -----Deposits of U. S. Government..---- Deposits of States and political
subdivisions -------Deposits of bank--- Other deposits (certified and off!.
cers' checks, etc.) --- Bills payable -------Acceptances executed by or for
account of this bank and out-
standing -------Other liabilities --- Capital ------ Surplus -- Undivided profits -- Reser>es -

812,767.54 155,639.82 128,360.41
575,029.73 None
1,862.03 None
None 2,500.00 25,000.00 25,000.00 57,132.32 13,529.28

Total Llab!Ut!es -----------$ 1,796,821.13

THIRTY-FIFTH ANNUAL REPORT

79

STATEMENT

Showing condition at the close of business December 31, 1954, of

STATE BANK OF KINGSLAND ICingsland. GL

As Called for by the Superintendent of banks

EDMUND GROSS, President.
Date of Charter: 11-26-1912

C. C. SMITH, Cashier.
Began Business: 12-1912

ASSETS Cash, balances with other banks, in
eluding reserve balances, and cash Items ln process of collection_______$ United States Government obligations, direct and guaranteed.______ Obllgatlons of States and polltical subdivisions ---------Other bonds, notes, and debentures____ Corporate stockls (including stock of Federal Reserve Bank) __________ Loans and discounts (Including overdrafts) -----------------Bank premises owned, furniture and Refailxtuersetaste---o-w--n--e--d---o--t-h--e-r---t-h--a--n----b--a-n--kpremises -------------------------------------------Investments and other assets Indiroerctoltyherrepreraesl eensttiantge__b__a_n__k____p_r_e__m__i_s__e_s Customers' liability to this bank on acceptances outstanding___________ Oth~r assets ----- ------------ ___
Total Assets -----------------------------$

281,087.65 729,391.00
5,500.00 None None
655,538.94 14,855.25 None
None None None 1,686,372.84

LIABILITIES
Demand deposits ----------------------$
TDiempeosditespoosfitUs . -S-. -G-o-ve-rn-m-en-t-__-__-__-__
Deposits of States and political Despuobsdiitvs isoifonbsan-ks-_-__-_-__-_-__-__-_-__-_-__-_-__-_
Other deposits (certified and officers' checks, etc.) --------------------
Bills payable ------------------------Acceptances execute4 by or for
account of this bank and outstanding
Other liabilities ----------------------Capital -------------------------------Surplus --------------------Undivided profits ---------------Reserves ----------------------

561,392.50 119,374.11
None
247,325.35 None
2,844.80 None
None None 50,000.00 50,000.00 40,000.00 15,435.48

Total Liabilities __________________$ 1,686,372.84

STATEMENT

Showing condition at :the close of business December 31, 1954. of

THE BANK OF LAFAYETTE Lafayet:te, Ga.

As Called for by :the Superintendent of banks

BOB D. GILBERT, President.
Date of Charter: 11-13-1889

W.L.BAKER, Cashier.
Began Business: 1899

ASSETS

Cash, balances with other banks, Ill-

eluding reserve balances, and cash Items In process of collection________$ 747,739.35

United States Government obllgatlons, direct and guaranteed.________ 1,274,803.13

Obllgatlons of States and political

subdivisions -------------------------Other bonds, notes, and debentures ___

790,643.50 None

Corporate stockls (Including stock of

Federal Reserve Bank)----------------

None

Loans and discounts (Including

overdrafts) -----------------------Bank premises owned, furniture and

922,440.04

fixtures ----------------Real estate owned other than ban!;

23,851.20

premises --------------------------------Investments and other assets Indi-

8,164.46

rectly representing bank premises or other real estate___________

None

Cuasctcoempetarsn'celsiabioluittystatondtihngis__b__a_n__k__o_n_

None

- - - - - OthPr assets -------------------------

5.45

Total Assets ________$ 3,767,647.13

LIABILITIES
Demand deposits ------------------$
TDiempeosditespoosfitUs . --S-.--G--o--v-e-r-n-m--e--n-t-_-__-_-__-_-__-_-_
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 llabllitles -----------------------------Capital ------------------------------------Surplus ------------------------------------------Undivided profits -----------------------Reserves ----------------------------------

1,890, 726.15 943,272.35 16,385.37
581,130.60 None
5,231.87 None
None 10,435.10 100,000.00 125,000.00 59,157.29 36,308.40

Total Liabilities ------------$ 3,767,647.13

1

80

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business Decembel' 31, 1954, 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 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 debenture Corporate stock\S (including stock of
Federal Reserve Bank!)---------------Loans and discounts (including
overdrafts) -----------------------------------Bank premises owned, furniture and
fixtures --------------------------------Real estate owned other than bank
premiscr. -------------------------------------Investments and other assets indi-
rectly representing bank premises or other real estate____________________________
Customers' liability to this bank on acceptances outstanding~----
~ther asaeto ____

2,081,312.83 4,741,650. 77 1,776,875.52
None None 5,08 0,6 81.08 145,841.3 7 None
None None 51,786.76

Total Assets ---------------------- $ 13,878,148.33

LIABILITIES Demand deposits ------------------$ Time deposits-----------------Deposits of U. S. Government_________ Deposits of States and political
subdivisions ------------------------Deposits of banks_________ ---------------------Other deposits (certified and offiBicllesrs'pacyhaebclkes_,__e_tc_._)_--_-_-_--_-_-_--_-_-_--_-_-_--_-_-_--_-_--
Acceptances executed by or for account of this bank and out-
standing --------------------------------Other liabilitles -------------Capital --------------------------------------Surplus -----------------------------Undivided profits ------------------------Reserves --------------------------------------------

7,596,847.71 3,600,742.13
338,714.36
898,171.62 32,933.29
8,487.23 None
None 574,334.52 200,000.00 400,000.00 109,847.38 118,070.09

Total Liabilities ---------------------- $ 13,878,14R.33

STATEMENT

Showing condition af :the close of business December 31, 1954, of

LaGRANGE BANKING COMPANY LaGrange, Ga.

As Called for by :the Superintendent o-f 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 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
Refaixl tuersetaste--o--w--n--e-d----o-t-h--e--r--t-h--a--n---b--a-n--kpremises -------------------------------------------
Investments and other assets indirectly representing bank premises or other real estate__________________________
Customers' liability to this bank on acceptances outstanding___________________
Other assets ---------~-~~--~-------------~-------

663,574.82 1,275,440.99
None 417,186.26
None 1,789,618.86
96,591.50 None
None None None

Total Assets ------------------------------- $ 4,242,412.43

LIABILITIES Demand deposits ---------------------$ Time deposits -------------------------------Deposits of U. S. Government~-------- Deposi~s. _of States and political
DeSpUobsdiitVs ISoIfOnbSan--k--s-_-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_-__
Other deposits (certified and offi-
cers' checlts, etc.)-----------------------------Bills payable----------------------------------------Acceptances executed by or for
account of this bank and out-
standing -------------------------------------Other liabilities ----------------------------Capital ----------------------------------------------Surplus ------------------------------------------------Undivided profits --------------------------~----~ Reserves -----------------------------------------------~

2,369,993. 73 1,083,253.55
5,030.46
316,471.08 61,179.80
472.54 None
None 94,904.46 100,000.00 100,000.00 26,566.17 84,540.64

Total Liabilities -----------------------$ 4,242,412.43

THIRTY-FIFTH ANNUAL REPORT

81

STATEMENT

Showing condition at the close of business December 31, 1954, of

FARMERS & MERCHANTS BANK Lakeland, Ga.

As Called for by the Superintendent of banks

W. L. MILLER, President.
Date of Charter: 4-18-1907

G. M. BANKS, Cashier.
Began Business: 1907

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash items in process of collection........$ l:nited States Government obligations, direct and guaranteed ________
Obliga~i~n~ of States and political
subdiVISIOns ------------------------------------Other bonds, notes, and debentures Corporate stock'S (including stock of
Federal Reserve Bani<) .... 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 __________________________________ $

355,124.99 838,831.74
None None None 241,418.56 12,500.06 None
None None None 1,447,875.35

LIABILITIES Demand deposits -----------------------------$ Time deposits --------------------------------------Deposits of U. S. Government ____________ Deposits of States and political
subdivisions ----------------------------Deposits of banks.................Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
Acceptances executed by or fot account of this bank and outstandin~; __________________________
Other liabilities ---------------------------- ______ Capital ------------------------------------------------- Surplus -----------------------------------------------Undivided profits ------------------------------Reserves -----------------------------------------------

809,405.29 454,640.38
None
68,947.74 4,988.63
2,910.92 None
None 750.00 25,000.00 25,000.00 6,232.39 50,000.00

Total Liabilities ----------------------$ 1,447,875.35

STATEMENT

Showing condition at :the close of business December 31, 1954, of

NORTHEAST GEORGIA BANK Lavonia, Ga.

As Called for by the Superintendent of banks

W. N. HARRISON, President.
Date of Charter: 9-20-1940

MRS. W. W. HARRISON, Cashier.
Began Business: 9-23-1940

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 stock'S (including stock of Federal Reserve Bank)-------------------Loans and discounts (including overdrafts) -------------------------------------Bank premises owned, furniture and
fixtures -----------------------------Real estate owned other than bani<
premises -------------------------------------Investments and other assets indi-
rectly representing bank premises or other real estate.... ______________________
Customers' liability to this bank on acceptances outstanding____________________
Other assets ---------------------------------------

317,607.80 1,303,143.15
None X one None 277,109.49 13,504.20 None
None None None

Total Assets ----------------------------------$ 1,911,364.64

LIABILITIES Demand deposits ----------------------------------$ Time deposits _____________ ------------------------Deposits of U. S. Government.. Deposi~s . .of States and political
subdlVlSlODS ---------------------------------Deposits of banks____________________
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,____e_t_c_._)_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
stunding -------------------------------------------Other liabilities ---------------------------------Capital ----------------------------------------------Surplus ------------------------------------------Undivided profits ----------------------------
Reserves ------------------------------------------

1,329,089.30 10,796.35 92,331.67
107,225.75 None
6,458.19 None
None 2,380.41 25,000.00 100,000.00 8,082.97
None

Total Liabilities --------------------------- $ 1,911,364.64

32

DEPARTMENT OF BANKING

STATEMENT

Showing condil:ion al the close of business December 31, 1954, 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. BRASELTON, Cashier.
Began Business: 7-17-1905

ASSETS
<:ash, balances with other banks, Including reserve balances, and cash Items in process of collection ....~~~ $
United States Government obligations. direct and guaranteed~~~~-~ ~
Qbligatlons of States and polltlcal sub dlvis!on s ~~~~-~~~~~~-~~ ~~~~~~-~~~~-~~~~------
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' llabillty to this bank on
acceptances outstanding~-----~---------~ Other assets ----~---------------------------~-------

377,842.04 829,612.85 462,023.66 55,537.50
3,000.00 661,556.98
36,606.99 1,000.00
None None None

Total Assets ---~~-~-~~---------~~~------------$ 2,427,180.02

LIABILITIES Demand deposita -----------~-------------~$ Time dep<Jsits ---------------------------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 llabllltles --------------------------------Capital ------~- ---------------------Surplus -----~------------------------Undivided profits ---------------------
Reserves -----------------------------------------

982,727.93 1,015,226.87
13,871.06
180,836.57 None
936.50 None
None None 50,000.00 50,000.00 133,581.09 None

Total Liabilities ---------$ 2,427,180.02

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE STATE BANK OF LEESBURG Leesburg, Ga.

As Called for by :the Superintendent of banks

T. R. CANNON, President.
Date of Charter: 4-9-1947

T. R. CANNON, Cashier.
Began Business: 12-1-1947

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

Items In process of collection~---~---$ 210,059.31

United States Government obliga-

tions, direct and guaranteed~~-~----

259,939.06

Obligations of States and political

"ubdivisions -----------------------

None

Other bonds, notes, and debentures

None

Corporate stocks (including stock of

Federal Reserve Bank)----~---------~-~--

None

Loans and discounts (including

overdrafts) -----------------------Bank premises owned, furniture and

92,121.27

fixtures -~---~ ~-~-~-~~---~----------------------~-~~~-

6,641. 78

Real estate owned other than bank

premises ----------------------------------------------

None

Investments and other assets indi-

rectly representing bank premises

or other real estate~-~---------~-~---~-------

None

Customers' llability to this bank on acceptances outstanding_________________

None

Other

assets

--

-

----------

-

---------

-

-

None
--

Tot~! Assets -~~~-~-----~----~---~----$ 568,761.42

LIABILITIES
Demand deposits ---------------------- $ Time dep<Jsits ---~~--~-~--------------- Deposits of U. S. Government~~----~---~ Deposlts 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 ~-----------~-~~~---~-~----~~~~Res er ves -~~-~ .. --------------~~~-~-----~---~---~~~~

309,010.69 18,965.31 None
173,450.19 None
None None
None 3,980.02 25,000.00 10,000.00 28,355.21
None

Total Liabilities --~-------------~----~---~ $ 568,761.42

THIRTY-FIFTH ANNUAL REPORT

83

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

STATEMENT

Showing condition ai ihe close of business December 31. 1954. of

BANK OF LENOX Lenox, Ga.

As Called for by the Superintendent of banks

R. H. ROBINSON, President.
Date of Charter: 6-20-1907

W. M. REVELS, Cashier.
Began Business: 6-25-1907

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 stock"' (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-
orerctoltyherrerperaesl eensttiantge__b__a_n__k___p_r_e__m__i_s_es
Customers' liability to this bank on acceptances outstanding__________________
Other assets ---------------------------------------

413,162.24 515,677.90
72,823.06 None None
447,031.00 3,159.51 1,800.00
None None None

LIABILITIES Demand deposits -------------------------------- $ TDiempoesidtespoosfitUs . --S--.---G--o--v--e-r-n--m---e-n--t-_-__-_-_-_-__-_-_-Deposits of States and political Despuobsditisvisoifonbsa-n-k-s--__-_-__-_-_-__-_-__-_-_-__-_-__-_-__-_-_-__-_-__-_-_-_
Otcheerrs' dcehpeocskists, et(cc.e)r_t_i_f_i_e_d___a_n__d___o_f_f_i_Bills payable____________________________________
Acceptances executed by or for account of this bank and out-
standing ------------------------------------------Other liabilities ------------------------------Capital ___ ----------------------- ------------Surplus ---------------------------------------------Undivided profits -----------------------------Reserves --------------------------------------------

645,164.78 410,282.53 35,554.14
58,991.10 53,617.90
828.00 None
None None 50,000.00 150,000.00 27,715.83 21,498.83

Total L!abillt!es -------------------------- $ 1,453,653.11

STATEMENT

Showing condition at ihe close of business December 31. 1954. 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 reserve balances, and cash Items In process of collection________ $ United States Government obligations, direct and guaranteed_________ Obligati~n~ of States and political
subdlVlSlOllS --------------------------------------
Other bonds, notes, and debentures Corporate stockos (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 ---------------$

217,969.45 75,000.00 None None
None 231,339.32
2,000.00 None
None None None 526,308.71

LIABILITIES Demand deposits ---------------------------------$ Time deposits -------------------------------------Deposits of U. S. GovernmenL__________ Deposits of States and political
Despuobsditisvisoifonbsan---k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding --------------------------------------
Other liabilities ---------------------------------C.~pital --------------------------------------------------Surplus -------------------------------------------------Undivided profits -------------------------------Reserves ----------------------------------------------

411,491.87 54,010.50
None
3,246.97 5,000.00
None None
None 1,500.00 25,000.00 20,000.00 6,059.43
None

Total Liabilities --------------------------- $ 526,308.77

1

:84

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, 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 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 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 a crcptances outstanding------------------Other assets ........................- - - - -
Total Assets ..................................$

145,663.75 147,000.00
None None None 161,454.08 2,416.84 5,700.00
None None 1,943.28 464,117.95

LIABILITIES Demand deposits -----------------------$ Time deposits ........................................ Deposits of U. S. Government............ Deposi~s. _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-
standint? ------------------------------------------Other liabilities .................................... Capital ............................________
Surplus ------------------------Undivided profits ................................ Reserves ................................................

287,425.30 72,042.25 2,0()0.00
57,500.00 None
2,080.59 None
None 1,144.12 25,000.00 5,000.00 11,985.69
None

Total Liabilities .....................- .... $ 464,117.95

STATEMENT

Showing condition at the close of business December 31, 1954, of

FARMERS STATE BANK Lincolnton, Ga.

As Called for by the Superintendent of banks

J. J. HARNESBERGER, President.
Date of Charter: 9-26-1911

GEO. C. LEVERETT, JR., Cashier.
Began Business: 12-2-1911

ASSETS

Cash, balances with other banks, ineluding 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 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 ....................................._

311,133.19 859,702.14
70,415.73 None None
423,531.34
2.00 None
None None None

Total Assets ................._ .._______$ 1,665,384.40

LIABILITIES
~~::nd~p~~ft~si-~~ .. ::::::::::::::::::::::=::::::::$
Deposits of U. S. Government............ Deposi~s. _of States and political
SUbd1VlSlOllS --------------------------------------
Deposits of banks.................................. Other deposits (certified and offi-
cers' checks, etc.) .............................. Bills payable.......................................... Aceeptances executed by or for
account of this bank and outstanding .............................................. Other liabilities .................................... Capital ..............................................- ... Surplus .................................................. Undivided profits ................................
Reserves ------------------------------------------------

804,111.11 447,709.10
39,624.80
213,987.50 None
496.00 None
None 3,061.05 50,000.00 50,000.00 43,088.32 12,706.52

Total Liabilities ............................$ 1,665,384.40

THIRTY-FIFTH ANNUAL REPORT

85

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE PEOPLES BANK Lithonia, Ga.

As Called for by the Superintendent of banks

I. M. STARR, JR., President.
Date of Charter: 8-26-1910

J. C. STARR, SR., Cashier.
Began Business: 1910

ASSETS
Cash, balances with other banks, Including reserve balances, and cash items in process of collection........$
United States Government obl!gat!ons, direct and guaranteed .........
Obliga!i~n.s of States and political

SUbdlVlSlODS --------------------------------------
Other bonds, notes, and debentures
Corporate stoclus (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 nl'emises

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

Customers' liability to this bank on

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

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

249,274.83 567,200.00
None None None 194,055.08 5,309.10 None
None None None

Total Assets ..................................$ 1,015,839.01

LIABILITIES
Demand deposits -----------------$
Time deposits .....................____........
Deposits of U. S. Government............ Deposits of States and pol!t!cal
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 ................................................

689,640.74 55,998.09 13,191.14
120,577.10 32,092.44
10,502.37 None
None 2,510.00 25,000.00 25,000.00 16,327.13 25,000.00

Total L!ab!lit!es ........................... $ 1,015,839.01

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE FARMERS BANK Locust Grove, 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, direct and guaranteed.......... Obl!ga!i~n.s of States and political SUbdiVISIOnS ...................................... Other bonds, notes, and debentures Corporate stoclus (including stock of Federal Reserve Bitnlr) .................... 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 ............................._$

96,827.59 128,000.00
None 30,000.00
None 182,123.83
1,000.00 None
None None None 437,951.42

LIABILITIES Demand deposits ....................- ...........$ Time deposits ........................................ Deposits of U. R Government Deposi~s. of States and pol!tical
subdlVlSlOllS ---------------------------------------
DepOsitS of banks.................................. Other deposits (certified and offi-
cers' checks, etc.)---------------------Bills payable.......................................... Acceptances executed by or for
account of this bank and out-
standinJ! --------------------------------------------Other liabilities --------------------Capital ---------------------------------------Surplus .................................................. Undivided profits ................................ Reserves .................................- ............

360,621.34 None 412.00
23,422,37 None
None None
None None 39,000.00 12,000.00 10,142.79 1,352.92

Total Liabilities ............................$ 437,951.42

86

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF LOGANVILLE Loganville, Ga.

As Called for by the Superintendent of banks

C. A. KELLEY, JR., President.
Date of Charter: 5-6-1946

G. E. BORDEN, Cashier.
Began Business: 10-5-1946

ASSETS Cash, balances with other banks, In-

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

57,462.92

United States Government obligations, direct and guaranteed_______

151,271.11

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_________________________

None None None 177,864.59 5,600.00 None
None

Customers' liability to this bank on acceptances outstanding_______________

None

Other assets ------------------------------ - - 3-56-.00

Total Assets ---------------------------$ 392,554.62

LIABILITIES
Demand deposits -------------------------$
Time deposits --------------------------------Deposits of U. S. Government............ Deposits of States and political Despuobsditisvisoifonbsa-n-k--s--__-_-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c__._)__-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Other liabilities --------------------------------Capital -------------------------------------------------Surpllts ------------------------------------------ Undivided profits ------------------------------- Reserves -------------------------------------------

253,258.17
48,59~.91
787.86
36,583.98 None
86.27 None
None 1,500.00 25,000.00 20,000.00 5,483.43 1,262.00

Total Liabilities -------------------------- $ 392,554.62

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF LUMBER CITY Lumber City, Ga.

As Called for by the Superintendent of banks

J. H. WILCOX, President.
Date of Charter: 5-22-1945

D. R. WILCOX, SR., Cashier.
Began Business: 7-2-1945

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection........ $ 129,203.86

United States Government obliga-

tions, direct and guaranteed.......... 110,000.00

Obligations of States and political

subdivisions ----------------------------------Other bonds, notes, and debentures

None None

Corporate stocks (Including stock of

Federal Reserve Bank-)-------------------

None

Loans and discounts (including

overdrafts) ---------------------------------------- 158,491.09

Bank premises owned, furniture and

fixtures -----------------------------------------

4,626.62

Real estate owned other than bank

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

None

rectly representing bank premises

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

None

Customers' liability to this bank on acce!)tances outstanding________________

None

Other

assets

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

-

-

None
--

Total Assets ----------------------------------$ 402,321.57

LIABILITIES Demand deposits ------------------------$ Time deposits ---------------------------------Deposits of U. S. Government............ Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s--_-_-_-__-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_
Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Other liabilities --------------------------------Capital -------------------------------------------------Surplus __ --------------------------------------------Undivided profits ----------------------------- Reserves -------------------------------------------

285,129.06 None
12,196.25
43,007.0;) None
1,196.41 None
None 2,913.61 25,000.00 25,000.00 7,879.19
None

Total Liabilities ------------------------- $ 402,321.:>7

l

THIRTY-FIFTH ANNUAL REPORT

87

STATEMENT

Showing condition at the close of business December 31, 1954, of

FARMERS STATE BANK Lumpkin, Ga.

As Called for by fhe Superintendent of banks

A. T. FORT, President.
Date of Charter: 10-21-1911

E. E. HUMBER, Cashier.
Began Business: 12-1911

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 Banlr) .................... 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 --------

536,576.38 426,278.00
None None None 504,750.59 16,319.20 None
None None 2,476.71

LIABILITIES Demand deposits .....................____ $ Time deposits ................._________ Deposits of U. S. Government.._______ Deposits of States and political Despuosbitds iovfisbiaonnkss_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
Other deposits (certified and offiBicllesrs'pacyhaebclkes.,...e..t.c....)..-..-.....-.-..-.-.-_-_-__-___-_-_-_-_-_ Acceptances executed by or for
account of this bank and outstanding .............................................. Other liabilities --------------------Capital ....................................................
Surplus --------------------Undivided profits Reserves

1,051,146.94 92,621.73 54,384.96
150,855.38 None
2,302.63 None
None 16,288.78 50,000.00 50,000.00 3,800.46 15,000.00

Total Assets .................................. $--1-,4-8-6,-40-0-.8-8 --------T-ot-a-l -Li-a-bi-li-ti-es-.-...-..-...-...-...-...-...-...-...-$--1-,4-8-6,-40-0-.8-8

STATEMENT

Showing condition at the close of business December 31, 1954, of

LUTHERSVILLE BANKING COMPANY Luthersville, Ga.

As Called for by the Superintendent of banks

L. W. McKOON, President.
Date of Charter: 10-11-1905

L. W. McKOON, Cashier.
Began Business: 8-3-1906

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

Items In process of collection........ $ 94,686.23

United States Government obliga-

tions, direct and guaranteed.......... 355,000.00

Obligations of States and political

subdlvisions ---------------Other bonds, notes, and debentures

None 5,000.00

Corporate stocks (Including stock of Federal Reserve Bank) ....................

None

Loans and discounts (including

overdrafts) -------------------

121,832.10

Bank premises owned, furniture and

fixtures ..............................................

470.00

Real estate owned other than bank

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

None

Investments and other assets Indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

Other assets ........._._______...................

None

-------

Total Assets ................................. $ 576,988.33

LIABILITIES Demand deposits ..................................$ Time deposits ......................................... Deposits of U. S. Government............ Deposits of States and political
subdlvisions ........................................ Deposits of banks........................- ...... Other deposits (certified and offi-
cers' checks, etc.)-----------------------Bills payable...........-----------Ac-ceptances executed by or for
account of this bank and outstanding ..............................................
Other liabilities -------------------Capital .................................................... Surplus ..........................................- ..... Undivided profits ....................- ........ Reserves ................................................

417,050.08 86,964.57
None
25,526.96 None
2,028.54 None
None 2,386.23 25,000.00 5,000.00
None 13,031.95

Total Liabilities ............................$ 576,988.33

88

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, 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........ $ United States Government obligations, direct and guaranteed ....- Obligations of States and political subdivisions ------------------Other bonds, notes, and debentures Corporate stock'S (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 ------------------------------------

642,623.04 528,834.48
25,000.00 110,000.00
None 553,677.00
11,913.93 None
None None None

Total Assets --------------------------------- $ 1,872,048.45

LIABILITIES Demand deposits ---------------------------------$ Time deposits --------------------Deposits of U. S. Government............ Deposits of States and political
subdlvisions ------------------------------------Deposits of banks......--------------------------Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_
Acceptanc.es executed by or for account of this bank and out-
standing ------------------------------------------Other liabilities ----------------------------------Capita! .------------------------------------------------Surplus -----------------------------------------------Undivided profits -------------------------------Reserves ------------------------------------------------

1,230,085.30 165,707.39 3,863.42
305,336.31 11,142.85
2,049.64 None
None None 25,000.00 125,000.00 3,863.54 None

Total Liabilities

-------------- $ 1,872,048.45

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE MERCHANTS &: CITIZENS BANK McRae, Ga.

As Called for by :the Superintendent of banks

W. S. MANN, President.
Date of Charter: 3-28-1929

R. E. MANN, Cashier.
Began Business: 2-23-1929

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash Items in process of collection........$ United States Government obligations, direct and guaranteed_________
0 bs~1";1;.~i~fon~f -~~-~~-~----~-~-~---~~~~:-~~-~-~
Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) Loans and discounts -(iiictu.dlng
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 -------------------------------

487,863.30 1,198,900.00
80,00 0. 00 None None
59 6,5 01.50 275. 63 None
None None None

Total Assets ----------------------$ 2,363,540.43

LIABILITIES Demand deposits -------------------------------$ Time deposits ----------------------------Deposits of U. S. Government.__________ Deposi~s. _of States and political
SUbdlVlSlOnS --------------------------------------Deposits of banks ----------------------Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e_t_c_._)_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_-_
Acceptances executed by or for account of this bank and out-
standing --------------------------------- Other liabilities ---------------------------------- Capital ---------------------------------------------Surplus ------------------------------------------Undivided profits -------------------------------Reserves ----------------------------------------------

1,608,524.35 79,891.48 34,445.78
345,495.54 12,256.80
16,327.83 None
None 34,770.51 50,000.00 100,000.00 35,000.00 46,828.14

Total Liabilities ____________________________$ 2,363,540.43

THIRTY-FIFTH ANNUAL REPORT

89

STATEMENT

Showing condition at the close of business December 31, 1954, of

CITY BANK & TRUST COMPANY Macon, Ga.

As Called for by the Superintendent of banks

T. RAD TURNER, President.
Date of Charter: 6-29-1931

W. M. PARKER, Cashier.
Began Business: 7-2-1931

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection........$ United States Government obligations, direct and guaranteed_________
Obs~t~\~i~fon~f -~~-~-~~s---~-n-~--~-~-~~~-~c-~-~
Other bonds, notes, and debentures Corporate stock'S (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 ---------------------------------

1,444,816.38 3,902,622.87
205,238.87 500.00 None
2,5 80,3 72. 49 29, 699.17 None
None None 511.80

Total Assets -------------------------------$ 8,163, 761.58

LIABILITIES
Demand deposits ------------$
Time deposits ------------------------------------Deposits of U. S. Government___________ Deposits of Ststes and political Despuobsditisvisoifonbsan--k---s-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Other deposits (certified and offiBlcllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding ---------------------------
Other liabll!tles ----------------------------------Capital --------------------------------------------------Surplus -----------------------------------------------Undivided profits ------------------------------- Reserves ------------------------------------------

4,105,356.51 1,937,616.78
154,280.32
1,064,023.27 42,983.45
32,819.19 None
None 63,909.04 275,000.00 425,000.00 62,773.02
None

Total Liabilities ----------------------------$ 8,163,761.58

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF MADISON Madison, Ga.

As Called for by the Superintendent of banks

BEN S. THOMPSON, President.
Date of Charter: 12-26-1888

E. G. ATKINSON, Cashier.
Began Business: 1-1-1890

ASSETS

Cash, balances with other banks, In-

eluding reserve balances, and cash

items In process of collection........$ 421,725.98

United States Government obllgations, direct and guaranteed_________ 597,600.00

Obligations of States and political subdivisions -----------------------------------
Other bonds, notes, and debentures

31,582.00 None

Corporate stock'S (Including stock of Federal Reserve Banlr) --------------------

None

Loans and discounts (including

overdrafts) -------------------------------------Bank premises owned, furniture and
fixtures -----------------------------------Real estate owned other than bank
premises ---------------------------------------------

630,526.54 11,000.00 None

Investments and other assets Indi-

rectly representing bank premises or other real estate___________________________

None

Customers' liability to this bank on acceptances outstanding___________________

None

Other assets --------------------------------------- - - -No-ne

Total Assets --------------------------------$ 1,692,434.52

LIABILITIES Demand deposits ---------------------------$ Time deposits ----------------------------------Deposits of U. S. Government____________ Deposi~s. _of States and political
DeSpUobsdiltVs lSolOf llbSan--k--s-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e_t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_
Acceptances executed by or for accoll_nt of this bank and outstanal'ng ---------------------- ------------
Other liabilities ---------------------Capital -------------------------------------Surplus -----------------------------------Undivided profits ------------------------Reserves -------------------------------------

1,043,061.69 308,217.61 4,888.25
158,354.97 None
712.00 None
None None 50,000.00 40,000.00 87,200.00 None

Total Liabilities -----------$ 1,692,434.52

90

DEPARTMENT OF BANKING

STATEMENT

Showing condition at :the close of business December 31, 1954, of

BANK OF MANCHESTER Manchester, Ga.

As Called for by :the Superintendent of banks

JAMES S. PETERS, President.
Date of Charter: 1-28-1910

CLAUDE A. BRAY, Cashier.
Began Business: 2-2-1910

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 stocl<s (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 int11-
rectly representing bank premise') or other real estate..- - - - - Customers' liability to this bank ou acceptances outstanding Other assets --------------------
Total Assets __________$

1,020,129.01 631,800.00 145,243.03 None None 814,346.76 8,680.59 6,927.12
None None 1,304.29 2,628,430.80

LIABILITIES Demand deposits ---------------------------------$ Time deposits ___ ----------------------------------Deposits of U. S. Government __________ Deposi~s. _of States and political
SUbdlVlSlOllS -----------------------------------
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 ---~--------

1,252,373.30 572,803.53 6,501. 70
496,796.09 None
13,96!.26 None
None 49,156.30 50,000.00 125,000.00 41,835.42 20,000.00

Total Liabilities --------------------------$ 2,628,430.80

STATI::MENT

Showing condition at the close of business December 31, 1954, of

FARMERS & MERCHANTS BANK OF MANCHESTER Manchester, Ga.

As Called for by the Superintendent of banks

ELMER LOFTIN, President.
Date of Charter: 10-7-1947

BEN W. KEY, JR., Cashier.
Began Business: 2-2-1948

ASSETS

LIABILITIES

Cash, balances with other banks, in-

Demand deposits ---------------------------- $ 440,353.0R

cluding reserve balances, and cash Items in process of collection__$ 211,714.08

Time deposits Deposits of U.

--s--.----G--o--v--e--r-n--m---e--n--t-.-.-.-.-.-.-.-.-.-.-.-.

229,845.99 6,795.13

United States Government obliga-

Deposits of States and pol!tical

tions, direct and guaranteed.......... Obligations of States and political
subdivisions ----------------------------------Other bonds, notes, and debentures....

190,000.00 27,541.85 None

subdivisions -------------------------Deposits of bankL........-------------------~ Other deposits (certified and offi-
cers' checks, etc.) _.:._________________________

134,816.19 None
4,134.28

Corporate stocks (including stock of Federal Reserve Bank)------------------
Loans and discounts (including

None

B!lls payable -------------------------------------Acceptances executed by or for
account of this bank and out-

1\one

overdrafts) ------------------------------------Bank premises owned, furniture and

472,874.07

standing ------------------------------------------Other !!abilities ---------------------------

None None

fixtures ---------------------------------------Real estate owned other than bank

6,486.57

Capital ---------------------------------------------Surplus ------------------------------------------------

50,000.00 20,000.00

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

None

Undivided profits ------------------------------Reserves ------------------------------------------------

21,599.11 15,000.00

rectly representing bank premise or other real estate___________

13,927.21

Customers' liabil!ty to this bank on acceptances outstanding_______________

None

Other assets - - - - - - - - - - - -- - - -No-ne

-

-

-

Total Assets
---------

_________________________________ $
---------------

-

-9-2-2-,5-43-.-7R-

--

-

-

-

-

-

-T-o-ta-l

-L-i-ab-i-li

t-i

e-s -

-_.-...-...-..-...-...-..-...-...-..-.$-

-

-9-2-2-,5-43-.78

l

THIRTY-FIFTH ANNUAL REPORT

91

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF MANSFIELD Mansfield, Ga.

As Called for by the Superintendent of banks

A. E. HAYS, President.
Date of Charter: 12-19-i945

G. BARRON DAVIS, Cashier.
Began Business: 3-1-1946

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection~~~~~~~~$

92,748.85

United States Government obliga-

tions, direct and guaranteed.~~~~-~-~

97,767.51

Obligations of States and political

subdivisions ~- Other bonds, notes, and debentures

None None

Corporate stock'S (Including stock of

Federal Reserve Bank)-~------~~~~

None

Loans and discounts (including

overdrafts) --~~-~-~-~----~--~ Bank premises owned, furniture and

226,444.39

fixtures --~----~-~-~-Real estate owned other than bank

1,839.95

premises ---~~--~------~-~--~--~-~--~

None

Investments and other assets indi-

rectly representing bank premises

or other real estate~~-----~~~--~~~~~-~~

None

Customers' liability to this bank on

acceptances outstanding~--~-~-~--~--

None

Other assets - -~------ - -44,4-18.-67

Total Assets -~--~--~~~ ---~~$ 463,219.37

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 ______ ----------------------------------------

218,338.96 92,758.72
181.78
90,350.72 None
1,448.18 None
None 144.50 25,000.00 30,000.00 4,996.51
None

Total Liabilities ~-~$ 463,219.37

STATEMENT

Showing condition at the close of business December 31, 1954, of

COB.B EXCHANGE BANK Marieiia, 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

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

1,797,493.97 1,423,463.4 7
291,664.60 None None
2,358,949.25 58,102.84 None
None None 4,058.56

Total Assets ----------$ 5,933,732.69

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....................................____ Aoceptances executed by or for
account of this bank and out-
standing ----------------------Other liabilities ----------------------- Capital -------------- Surplus ---------------------- Undivided profits -----------Reserves ................................................

3,758,794.17 540,861.27 94,851.12
1,100,244.42 32,008.39
None None
None 23,723.00 150,000.00 100,000.00 133,250.32
None

Total Liabilities ............................ $ 5,933,732.69

92

DEPARTMENT OF BANKING

STATEMENT

Showing condition af: ihe close of business December 31, 1954, of

THE CITIZENS BANK Marshallville, Ga.

As Called for by the Superintendent of banks

C. C. HASLAM, President.
Date of Charter: 12-24-1906

C. C. HASLAM, Cashier.
Began Business: 1-1-1907

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 Corporato stocks (including stock of Federal Reserve Bani<)--------Loans and discounts (Including overdrafts) -------------------------------- Bank premises owned, furniture and fixtures ------------------- Real estate owned other than bani< premises ----------------------Investments and other assets indi rectly representing bank premise' or other real estate..________________________ Customers' liability to this bank on acceptances outstanding_______
Other assets --------------------------------------
Total Assets ---------------------------$

199,907.06 127,920.63
None None None 280,885.50
2.00 None
None None None 608,115.19

LIABILITIES Demand deposits -----------------------$ DTiempeosidtespoosfitUs . --S--.---G---o-v--e--r-n--m---e-n--t-_-_-_-_-_-___-_-_-_-_
Deposi:s. _of States and political
DeSpUobsdi1tsVISolfOllbSan--k--s--_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_:_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e_t_c__.)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding ------------------------------------------
Other liabilities --------------------------Capital --------------------------------------Surplus ---------------------------------------Undivided profits -----------------------------Reserves -----------------------------------------------

307,525.40 134,267.29
None
11,913.68 None
1,352.36 None
None 1,467.55 30,000.00 30,000.00 24,000.00 8,188.91

Total Liabilities ------------------------ $ 608,715.19

STATEMENT

Showing condition ai :the close of business December 31, 1954, of

GEORGIA BANKING CO. Marshallville, Ga.

As Called for by :the Superintendent of banks

JOHN C. WALKER, JR., President.
Date of Charter: 9-19-1910

MRS. ETHEL S. JONES, Cashier.
Began Business: 9-27-1910

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection........$ 133,059.17

United States Government obliga-

tions, direct and guaranteed___

54,700.00

Obligations of States and political subdivisions -------------------------------------
Other bonds, notes, and debentures

None None

Corporate stockTS (includin" stock ol Federal Reserve Bank) ____________

None

Loans and discounts (Including

overdrafts) ---------------------------- Bank premises owned, furniture and
fixtures --------------------------------------- Real estate owned other than bank

135,983.38 1,400.00

premises ------------------Investments and other assets Indi-

None

orercotltyherrerperaelseensttiantge__b_a_n_k___p_r_e_m__i_se_s

None

Cuasctcoempetarsn'celsiaboiulittsytantodinthgi__s___b___a_n___k____o_P_

None

Other

assets

---

--------

----

----

-----

-

-

None
--

Total Assets ------------------- $ 325,142.55

LIABILITIES
Demand deposits -------------$
Time deposits ------------------------------Deposits of U. S. Government____________ Deposi:s. _of States and political
DeSpUobsditlsViSoifOnbSa-n--k-s--_-_-_-_-_-_____-_-_-_-_-____-_-_-_-_-_-_-_-_-_-_-_-__-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding --------------------------------------------
Other liabilities --------------------------------- Capital --------------------------------------------Surplus ---------------------------------------------Undivided profits ------------------------------Reserves -------------------------------------------

139,817.86 85,853.87 None
50,361.80 None
6,084.60 None
None None 25,000.00 15,000.00 3,024.42 None

Total Liabilities ---------------------$ 325,142.55

l

THIRTY-FIFTH ANNUAL REPORT

93

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF MEIGS Meigs, Ga.

As Called for by :Uie Superintendent of banks

LEO. WILKES, President.
Date of Charter: 5-8-1903

0. H. LEWIS, Cashier.
Began Business: 6-1903

ASSETS Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection........ $ 210,208.10

United States Government obligations, direct and guaranteed..........

526,266.05

Obliga~io_n~ of States and political SUbdtVlSlOllS ------------------------------------
Other bonds, notes, and debentures

6,000.00 None

Corporate stock,; (including stock of Federal Reserve Banlr) ...................

None

Loans and discounts (Including overdrafts) ........................................

2J3,569.60

Bank premises owned, furniture and fixtures ---------------------------------------------
Real estate owned other than bank premises --------------------------------------------
Investments and other assets indi-

2.00 None

rectly representing bank premises or other real estate.................._____

None

Customers' liability to this bank on acceptances outstanding...................

None

Other assets ------------------ - - -8,3-19-.68
Total Assets ................................. $ 994,365.43

LIABILITIES Demand deposits ................................. $ Time deposits ............................_ ........ Deposits of U. S. Government............ Deposits of States and political
subdivisions-------------------------------- Deposits of banks.................................. Other deposits (certified and off!-
cers' checks, etc.)-------------------------Bills payable.......................................... Acceptances executed by or for
account of this bank and out-
standing----------------------------Other liabilities .................................... Ca_pital ....................................................
Surplus ----------------------------------------Undivided profits .............................. . Reserves -------------................................

545,887.54 218,974.76 11,843.58
34,831.20 29,598.09
3,238.22 None
None 6,970.97 50,000.00 50,000.00 3,021.07 40,000.00

Total Liabilities ........................... $ 994,365.43

STATEMENT

Showing condition at the close of business December 31, 1954, of

METTER BANKING COMPANY Metter, Ga.

As Called for by the Superintendent of banks

M. 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-
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 stock,; (including stock of

Federal Reserve Banlr) -----------

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 ---------

428,447.01 1,199,506.26
17,100.00 None None
797,948.33 9,537.37 None
None None 7,847. 72

Total Assets ...............................- $ 2,460,386. 69

LIABILITIES Demand deposits .................................. $ Time deposits ........................................ Deposits of U. S. Government............ Deposi~s. _of States and political
SUbdlVlSlOnS -------------------------- Deposits of banks.................................. Other deposits (certified and offi. Bicllesrs'pacyhaebclkes_,___e_t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstandtng ___ ..........................................
Other liabilities ---------------------------Capital -----------------------------------------Surplus ----------------------------------- Undivided profits ................................
Reserves ---------------------------

1,457,833.1G 520,246.50 59,129.38
188,051.26 None
6,216.11 None
None 40,229.42 50,000.00 50,000.00 23,680.86 65,000.00

Total LiabiUties ------------ $ 2,460,386.69

94

DEPARTMENT OF BANKING

STATEMENT

'(

Showing condition at the close of business December 31, 1954, of

BANK OF MIDVILLE Midviiie, Ga.
As Ca11ed for by the Superintendent of banks

J. B. THURMAN, President.
Date of Charter: 4-13-1945

R. H. SIMS, Cashier.
Began Business: 5-21-1945

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items In process of collection........$ 62,261.92

United States Government obliga-

tions, direct and guaranteed_________

60,000.00

Obligations of States and political

subdivisions ---------------------------Other bonds, notes, and debentures....

None None

Corporate stocks (Including stock of Federal Reserve Bank) _________________ _

None

Loans and discounts (Including

overdrafts) ---------------------------------------- 264,495.51

Bank premises owned, furniture and

fixtures --------------------------------------------

2.00

Real estate owned other than bank

premises --------------------------------------------Investments and other assets Indi-

None

rectly representing bank premises or other real estate___________________________

None

Customers' liability to this bank on acceptances outstanding__________________

None

- - - - - Other assets ----------------------------------------

None

Total Assets ------------------------------$ 386,759.43

LIABILITIES Demand deposits ---------------------------------$ TDiempeosidtespoosfitUs .---S--.---G---o--v--e--r-n--m---e--n--t-_-_-_-_-_-_-_-_-_-_-_-_
Deposits of States and political Despuobsditlsvisoifonbsa-n--k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offi-
Bicllesrs'pacyhaebckles_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding ---------------------------------------------
Other liabilities ----------------------------------Capital -------------------------------------------------- Surplus ---------------------------------------------Undivided profits -------------------------------Reserves -------------------------------------------

255,913.54 34,057.79 None
29,522.15 5,000.00
3,446.93 None
None 2,259.81 25,000.00 20,000.00 7,309.67 4,249.54

Total Liabilities --------------------------$ 386,759.43

STATEMENT

Showing condition at the close of business December 31, 1954. of

BANK OF MILAN Milan, Ga.

As Ca1led 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, 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 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' liabillty to this bank on acceptances outstanding_________________
Other assets ------------------------
Total Assets ------------------------$

206,184.89 271,518.00
None None None 15 7, 821.0 7 486. 50 None
None None None 636,010.46

LIABILITIES Demand deposits ----------------------$
TDiempeosditespoosfitUs . --s-.---G--o--v-e--r-n-m---e-n--t-__-_-_-__-_-__-_-_-
Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s--.-._-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
Other deposits (certified and offi-
cers' checks, etc.)--------------------------Bills payable--------------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------------Other !labllltles ------------------Capital -----------------------------------Surplus -----------------------------------Undivided profits --------------------------Reserves --------------------------------------------

441,390.75 62,890.48 4,837.50
38,507.79 6,529.63
None None
None 1,654.10 25,000.00 25,000.00 20,591.07 9,609.14

Total Liabilities ----------------------------$ 636,010.46

THIRTY-FIFTH ANNUAL REPORT

95

STATEMENT

Showing condition at the close of business December 31, 1954, of

EXCHANGE BANK OF MILl.EDGEVILLE Milledgeville, Ga.

As Called for by :the Superintendent of banks

OTTO M. CONN, President.
Date of Charter: 5-20-1903

OTTO C. MORRISON, 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 obligations, direct and guaranteed._______ Obligations of States and political subdivisions --------------------------------Other bonds, notes, and debentures.... Corporate stockos (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 ---------------------------------------

987,637.13 1,436,826.89
473,897.11 30,000.00 None
1,238,935.61 95,120.40 None
None None 15,920.78

Total Assets -------------------------------$ 4,278,337.92

LIABILITIES

Demand deposits ----------------------------------$

Time deposits --------------------------------------Deposits of U. S. Government............

Deposits of States and political

subdivisions --------------------------------------

Deposits of banks.........------------------------

Other deposits (certified and off!-

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

Bills payable---------------------------------------Acceptances executed by or for

account of this bank and out-

standing -------------------------------------------

Other liabilities ------------------------------

CapitaI __ ------------------------------------------

Surplus -------------------------------------------------

Undivided profits -----------

.. -

Reserves ----------------------------------------------

1,458,652.19 1,187,788.72
65,004.53
1,032,491. 79 199,015.43
8,594.05 None
None None 100,000.00 200,000.00 20,091.21 6,700.00

Total Liabilities ----------------------------$ 4,278,337.92

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE MERCHANTS AND FARMERS BANK Milledgeville, Ga.

As Called for by the Superintendent of banks

J. F. BELL, JR., President.
Date of Charter: 3-22-1898

JOE COOPER, Cashier.
Began Business: 3-1898

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 bands, nates, and debentures... Corparate stock'S (including stock af Federal Reserve Bank)----------------Laans and discaunts (including
averdrafts) ---------------------------------Bank premises owned, furniture and
fixtures ----------------------------------Real estate owned other than bank
premises -------------------------------Investments and other assets indi-
rectly representing bank premise3 or ether real estate_______________
Customers' liability to this bank on acceptances outstanding__________________
Other assets -----------------------------------------

1,047,202.25 1,249,882.81
179, 723.19 None None
1,014,695.69 57,188.51 525.20
None None 745.49

Total Assets --------------------------$ 3,549,963.14

LIABILITIES Demand deposits -------------------------------..$ Time deposits -------------------------------------- Deposits of U. S. Government____________ Deposits of States and political Despuobsditisvisoifonbsa-n-k--s--_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,____e_t_c_._)_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing --------------------------------------Other liabilities --------------------------Capital ------------------------------------------SurpIus ------------------------------------------------Undivided profits ------------------------------Reserves -------------------------------------------

1,306,511.01 1,078,151.0(i
98,40l.H:i
777,064.00 None
2,778.57 None
None None 100,000.00 150,000.00 37,056.62 None

Total Liabilities ------------------------.... $ 3,549,963.14

96

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954. of

THE MILLEDGEVILLE BANKING COMPANY Milledgeville. Ga.

As Called for by the Superintendent of banks

MILLER R. BELL, President.
Date of Charter: 2-28-1874

MILLER R. BELL, Cashier.
Began Business: 10-13-1884

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection........$ 888,056.22

United States Government obliga-

tions, direct and guaranteed--- 2,497,222.96

Obliga~i~n~ of States and political
SUbdlVlSlOllS ~------------------------------------
Other bonds, notes, and debentures

195,502.81 None

Corporate stockls (including stock of

Fecleral Reserve Banlr) ... ...........

None

Loans and discounts (including

overdrafts) -------------------- 1,870,153.23 Bank premises owned, furniture and

fixtures __________ ----------------------------------

2.00

Real estate owned other than bank

premises ---------------------------------------------

None

Investments and other assets indi-

rectly representing bank premises or other real estate ____________ _

None

Customers' liability to this bank on

aeceptances outstanding------------------

None

Other

a~sete

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

--

-

--

-

-

None
--

Total Assets .................................$ 5,450,937.22

Demand

deposits

LIABILITIES ______________

$

Time deposits -----------------------Deposits of U. S. Government ........... Deposi~s. _of States and political
subdlV!SlOllS --------------------------------------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 ................................. Capita I ......................................__________

Surplus ..................................................
Undivided profits ................................ Reserves ................................................

4,875,653.31 None None
None None
22,886.85 None
None 12,014.23 50,000.00 300,000.00 92,882.83 97,500.00

Total Liabilities ............................$ 5,450,937.22

STATEMENT

Showing condition at the close of business December 31, 1954. of

BANK OF MILLEN Millen. Ga.

As Called for by the Superintendent of banks

W. H. SHEPPARD, President.
Date of Charter: 1-4-1893

HAROLD W. AVERITT, 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 obligations, direct and guaranteed.......... Obligat.io_n~ of States and political
subdiVISIOnS -------------------------Other bonds, notes, and debentures Corporate stockls (including stock of
Federal Reserve Bank-) .................... Loans and discounts (including
overdrafts) ........................................ Bank premise~s 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 ......................... ~-------

507,816.39 1,002,296.89
None 50,000.00
None 894,466.64
85,530.83 None
None None None

Total Assets ..................................$ 2,540,110. 75

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 outstanding .............................................~ Other liabilities .................................... Capital ....................................................
Surplus ----------------..----..................
Undivided profits ---------------Reserves ................................................

1,519,470.32 6G7,029.59 None
62,915.66 None
10,781.69 None
None None 50,000.00 150,000.00 79,913.49 None

Total Liabilities ............................ $ 2,540,110. 75

1

THIRTY-FIFTH ANNUAL REPORT

97

STATEMENT

Showing condition at ihe close of business December 31, 1954, of

BANK OF MOLENA Molena, Ga.

As Called for by the Superintendent of banks

W. 0. JORDAN, President.
Date of Charter: 10-7-1901

R. H. FLETCHER, Cashier.
Began Business: 3-1899

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
SUbdlVlSlOllS ----------------------------------
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-
rect!)' reprpsenting bank premises or other real estate____________________________
Customers' liability to this bank on acceptances outstanding___________________
Other assets ------------------------------------
Total Assets _________________________________$

144,038.95 125,450.00
None None None 105,707.20 701.00 None
None None 10,000.00 385,897.15

Demand deposits __L___I_A___B___I_L___I_T___I_E___S_________$
TDiempeosidtespoosfitUs .--S--.---G---o-v--e--r-n--m---e-n--t-_-_-_-_-_-_-__-_-_-_-_ Deposits of States and political Despuobsditisvisoifonbsan--k--s--_-__-_-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__tc__._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding --------------------------------------
Other liabilities ----------------------------------Capital ----------------------------------------------Surplus -------------------------------------------Undivided profits -----------------------------Reserves ----------------------------------------------

216,240.98 102,945.40
None
36,057.70 None
277.25 None
None 1,200.00 15,000.00 10,000.00 4,175.82
None

Total Liabilities --------------------------$ 385,897.15

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE FARMERS BANK Monroe, Ga.

As Called for by the Superintendent of banks

C. R. BRADFORD, President.
Date of Charter: 1-1-1906

J. B. BUTTS, Cashier.
Began Business: 1-1-1906

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cast items in process of collection________$ United States Government obligations, direct and guaranteed _________ Obligations of States and political subdivisions -------------------------------------Other bonds, notes, and debentures Corpornte stock'S (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 indiorerctoltyherrerperaelseensttiantge__b_a_n__k___p_r_e_m___is_e_s
Customers' liab!llty to this bank on acceptances outstanding_______________~---
Other assets -----------------------------------

998,181.93 1,015,317.31
104,443.84 None
6,000.00 1,258,555.81
None None
None None None

Total Assets ---------------------------$ 3,382,498.89

LIABILITIES Demand deposits ----------------------------------$ Time deposits -----------------------------------Deposits of U. S. Government ___________
Deposi!s. _of States and political Despuobsditisvisoifonbsan---k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_~_-_-_-_-_-_-_---
Other deposits (certified and offi-
Bilclesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_--_
Acceptances executed by or for account of this bank and outstanding ----------------------------------------------
Other liabilities ---------------------------------Capital --------------------------------------------------Surplus __ --------------------------------------------Undivided profits ------------------------------Reserves ------------------------------------------------

1,986,882.10 656,685.71 130,875.27
268,228.81 None
1,591.55 None
None 34,860.06 100,000.00 100,000.00 103,375.39
None

Total Liabilities ----------------------- $ 3,382,498.89

,

98

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

MONTEZUMA BANKING COMPANY Montezuma, Ga.

As Called for by the Superintendent of banks

T. M. ADAMS 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 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 tockos (including stock of Federal Reserve Bani<)-------------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' liabll!ty to this bank on acceptances outstanding___________________
Other assets ---------------------------------------

287,132.00 415,022.00 229,033.02
None None 484,520.96 21,495.26 None
None None 1,251.62

Total Assets --------------------------------- $ 1,438,454.86

LIABILITIES Demand deposits ----------------------------------$ Time deposits --------------------------------------Deposits of U. S. Government..__________ Deposito of States and political
Despuobsdiitvs isoifonbsa-n--k--s-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding ---------------------------------------------
Other liabilities ---------------------------------CapitaI .... ______________ ------------------------------Surplus -----------------------------------------------Undivided profits -------------------------------Reserves ---~-------------------------------------------

499,776.81 242,184.60 103,823.90
455,785.32 None
3,243.69 None
None 4,500.00 50,000.00 50,000.00 21,640.54 7,500.00

Total Liabilities --------------------------$ 1,438,454.86

STATEMENT

Showing condition at the close of business December 31, 1954, of

MOULTRIE BANKING COMPANY Moultrie, Ga.

As Called for by the Superintendent of banks

W. J. BAIRD, 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 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_____________________ Cm.tomers' liability to this bank on acceptances outstanding__________________
Other a&sot& --------------------------------------

3,099,947.01 3,934,533. 72
182,642.4 9 None
10,600.00 3,511,427. 78
94,4 76.14 None
None None 25,198.72

Total Assets ----------------------------$ 10,858,825.86

LIABILITIES Demand deposits -----------------------------$ Time deposits ------------------------------------Deposits of U. S. Government___________ _
Deposi~s ..of States and political DespuobsdiltVslSolOf DbSa-n--k--s-_~_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_
Other deposits (certified and offiBirllesrs'pacyhaebclkes_,___e__tc__._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding --------------------------------------------
Other liabilities ------------------------Capital ------------------------------------------Surplus ----------------------------------------------Undivided profits ------------------------------Reserves ----------------------------------------------

7,048,266.04 1,311,813.81
263,993.55
583,941.98 359,721.76
95,292.88 None
None 144,091.80 200,000.00 500,000.00 102,924.84 248,779.20

Total Liabilities --------------------------$ 10,858,825.86

1

THIRTY-FIFTH ANNUAL REPORT

99

STATEMENT

Showing condition at the close of business December 31, 1954, of

MOUNT VERNON BANK Mount Vernon, Ga.

As Called for by the Superintendent of banks

D. A. McRAE, SR., President.
Date of Charter: 12-21-1900

W. M. PETERSON, Cashier.
Began Business: 1-24-1901

ASSETS Cash, balances with other banks, in
eluding reserve balances, and cash Items in process of collection________ $ United States Government obligations, direct and guaranteed ________ Obligations of States and political subdlvisions -------------------------------------Other bonds, notes, and debentures Corporate stock'S (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 ---------- ----------------------------
Total Assets ----------------------------------$

336,757.32 279,800.00
5,250.00 None None
162,006.59 4,053.88 None
None None None 787,867.79

LIABILITIES Demand deposits -----------------------------$ Time deposits ---------------------------------Deposits of U. S. Government ---------Deposits of States and political
subdivisions ------------------------------------Deposits of banks ----------------------------Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c__._)_-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-
Acceptances executed by or for account of this bank and outstanding ---------------------------------------------
Other liabilities ---------------------------------- Capital --------------------------------------------------- Surplus -------------------------------------------------Undivided profits -----------------------------Reserves _________________ ------------------- _

448,865.14 102,800.83
None
113,788.35 13,182.19
3,084.18 None
None 7,965.00 30,000.00 35,000.00 33,182.10
None

Total Liabilities ----------------------------$ 787,867.79

STATEMENT

Showing condition at the close of business December 31, 1954, 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_________ Obligations of States and political subdivisions ------------------------Other bonds, notes, and debentures Corporate stock'S (Including stock of Federal Reserve Bank) __________ Loans and discounts (Including overdrafts) -------------------------Bank premlses owned, furniture and fixtures ---------------------------------------------Real estate owned other than bank premises ------------------------Investments and other assets indirectly representing bank premises or other real estate---------------------Cuasctcoempetarsn'celsiaboiulittsytantodinthgi__s___b__a__n_k____o__n_
Other assets --------------------
Total Assets --------------------------------$

680,316.64 870,000.()0
None None None 431,902.50 42,169.77 None
None None 15,539.62
2,039,928.53

LIABILITIES
Demand deposits ----------------------------- $ TDiempeosidtespoosfitUs . --S--.---G---o--v--e-r--n--m--e--n--t-_-_-_-_-_-_-__-_-_-_-_
Deposits of States and political
Des':ulobsditisvisoifonbsa-n-k-s--__-_-_-_-_-_-__-_-_-_-_-__-_-_-_-_-_-__-_-_-_-
Other deposits (certified and officers' checks, etc.)--------------------------
Bills payable--------------------------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------------------------Other liabilities ----------------------------------Capital ------------------------------------------- Surplus ---------------------------------------Undivided profits -----------------------------Reserves --------------------------------------------

1,114,544.46 388,673.73 16,683.29
102,815.18 200,339.17
24,059.61 None
None 4,000.00 50,000.00 50,000.00 3,813.09 85,000.00

Total Liabilities -------------------$ 2,039,928.53

100

DEPARTMENT OF BANKING

STATEMENT

Showing condition at :the close of business December 31, 1954, of

THE UNITED BANKING COMPANY Nashville, Ga.

As Called for by :the Superintendent of banks

H. Q. PARROTT, President.
Date of Charter: 7-10-1924

MRS. E. K. FULLER, Cashier.
Began Business: 7-1924

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash Items in process of collection........ $ United States Government obligations, direct and guaranteed.--Obllgations of States and political subdivisions -------------------Other bonds, notes, and debentures Corporate stockis (including stock of Federal Reserve Bank-) ____________ Loans and discounts (including
overdrafts) -----------------------Bank premises 0\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 assets ---------------------------------
Total Assets __________________________________ $

419,739.72 433,867.19
None 40,000.00
None 628,507.89
27,293.00 None
None None None 1,549,407.80

LIABILITIES Demand deposits ---------~--....:.________ $
Time deposits -------------------------------Deposits of U. S. Government. Deposi~s . .of Ststes and political
subdlVlSIOllS --------------------- -----------------
Deposits of banks....------------------------- ... Other deposits (certified and off!Bilclesrs'pacyhaebclkes_,__e_t_c_._)__________________
Acceptances executed by or for account of this bank and out-
standing -----------------------------------Other liab!lities ___ ------------------------Capital -----------------------------------Surplus ------------------------Undivided profits -------------------------Reserves ------ --------------------------------------

909,714.13 272,096.73
23,521.37
110,378.43 30,652.81
6,027.88 None
None 5,948.49 50,000.00 50,000.00 35,000.00 56,067.96

Total Liabilities --------------------------- $ 1,549,407.80

STATEMENT

Showing condition at :the close of business December 31, 1954, 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-
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 stockis (including stock of Federal Reserve Bank-) ___________________
Loans and discounts (including overdrafts) ----------------------------
Bank premise's 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 ________________$

82,875.62 75,000.00
None None None 54,576.92 600.00 None
None None None 213,052.54

LIABILITIES Demand deposits ------------~---------------------$ Time deposits -------------------------------------Deposits of U. S. Government Deposits of States and political
Despuobsditisvisoifonbsa-n--k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_------------
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 ----------------------------------------------

164,251.27 None None
14,400.00 None
222.0() None
None None 15,000.00 15,000.00 4,179.27 None

Total Liabilities -----------------------$ 213,052.54

1

THIRTY-FIFTH ANNUAL REPORT

101

STATEMENT

Showing condition at the close of business December 31, 1954, of

BAKER COUNTY BANK Newton, Ga.

As Called for by the Superintendent of banks

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 Obligati~n~ of States and political
SUbdlVlSlODS ----------------------------------
Other bonds, notes, and debentures Corporate stockls (including stock of
Federal Reserve Bank!)------- Loans and discounts (including
overdrafts) ----------------------------------Bank premise's 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 ............$

234,785.34 233,000.00
None None None 193,616.54 3,383.34 2,250.00
None None None 667,035.22

LIABILITIES
Demand deposits ------------------------$
Time deposits -------------Deposits of U. S. Government............ Deposi~s. _of States and political
subdlVlSlODS --------------------------
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 -----------------------------------------------

30(),565.06 60,648.02 945.00
193,333.89 None
1,338.46 None
None None 25,000.00 50,000.00 26,042.33 9,162.46

Total Liabilities ............................ $ 667,035.22

STATEMENT

Showing condition at the close of business December 31, 1954, of

NICHOLLS STATE BANK Nicholls, Ga.

As Called for by the Superintendent of banks

ELMO TANNER, President.
Date of Charter: 12-2-1952

R. G. LOTT, Cashier.
Began Business: 1-2-1953

ASSETS

Cash, balances with other banks, in-

eluding reserve balances, and cash

items in process of collection........$ 204,375.23

United States Government obligations, direct and guaranteed_________

80,405.57

Obliga~i~n~ of States and political SUbdlVlSlOns ------------------------------
Other bonds, notes, and debentures

None None

Corporate stock1S (including stock of

Federal Reserve Bank!)--Loans and discounts (including

None

overdrafts) ---Bank premises owned, furniture and

133,477.68

fixtures -------------------------------------

2,886.04

Real estate owned other than bank

premises _____________ -------------------------------

None

Investments and other assets indi-

rectly representing bank premises

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

1,625.83

Customers' liability to this bank on

accept~tnces outstanding.........._________

None

Other

assets

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

-

-

None
--

Total Assets --,$ 422,770.35

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

259,897.24 65,744.97 None
48,296.10 None
1,291.16 None
None None 25,000.00 15,000.00 7,540.88 None

Total Liabilities ............................$ 422,770.35

l

102

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, 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-
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 stockJS (including stock of Federal Reserve Bank)------------------- Loans and discounts (including overdrafts) --------------------------------------- Bank premises owned, furniture and fixtures --------------------------------------------Real estate owned other than hanll premises --------------------------------------------Investments and other assets Indiroercotltyherrepreraesl eensttiantge__h__a__n___k_____p__r_e__m____i_s__e__' Customers' liability to this bank on acceptances outstanding__________________
Other assets --------------------------------------
Total Assets ------------------------------- $

229,982.85 355,968.75
None None None 184,019.21 7,899.00 None
None None None 777,869.81

LIABILITIES Demand deposits ---------------------------------$ Time deposits --------------------------------------Deposits of U. S. Government..__________ Deposits of States and political Despuobsditisvisoifonbsan---k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBilclesrspacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-
Acceptances executed by or for account of this bank and outstanding ---------------------------------------------
Other !labilities ----------------------------------Capita! -------------------------------------------------Surplus -----------------------------------------------Undivided profits -------------------------------Reserves ~----------------------------------------------

485,399.27 78,052.78 None
136,900.19 None
None None
None 5,618.80 30,000.00 20,000.00 21,898.77
None

Total Liabilities ----------------------------$ 777,869.81

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF OCHLOCHNEE Ochlochnee, Ga.

As Called for by the Superintendent of banks

A. E. SPEER, President.
Date of Charter: 10-19-1906

CLIFTON P. WURST, Cashier.
Began Business: 11-1906

ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash

Items in process of collection........ $ 291,225.07

United States Government obliga-

tions, direct and guaranteed .......... 153,985.95

Obligations of States and political

subdlvisions --------------------------------Other bonds, notes, and debentures

43,977.29 None

Corporate stockJS (including stock of

Federal Reserve Bank)------------------

None

Loans and discounts (including

overdrafts) ------------------------------Bank premises owned, furniture and

185,937.95

fixtures ---------------------------------Real estate owned other than bank

7,025.00

premises ----------------------------Investments and other assets Indi-

None

orercotltyherrerperaelseensttiantge_b_a_n_k__p_r_em__is_e_s

None

Customers' llablllty to this bank on

acceptances outstanding_________

None

Other assets - - - - - - - - - - - - -- - - -No-ne

Total Assets ---------------------------$ 682,151.26

LIABILITIES
Demand deposits ----------------------------$
Time deposits ------------------------------------Deposits of U. S. Government____________ Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-__-_-_-_-__-_-_-_
Other deposits (certified and offi-
Blcllesrs'pacyhaebckles_,___e_t_c__.)__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing --------------------------------------Other !lablllties --------------------------Capital ----------------------------------------Surplus -----------------------------------Undivided profits ----------------------Reserves ------------------------------------

299,549.89 246,063.95
9,273.32
26,930.19 45,061.04
2,477.99 None
None None 25,000.00 10,000.00 17,794.88 None

Total Liabllltie~ ------------------------- $ 682,151.26

1

THIRTY-FIFTH ANNUAL REPORT

103

STATEMENT

Showing condition at the close of business December 31, 1954, 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 Business: 6-1-1943

ASSETS Cash, balances with other banks, in-
cluding reserve balanoes, 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 stock'S (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' liabillty to this bank on acceptances outstanding___________________
Other assets -------------------------------------

775,192.73 1,292,007.50
12,360.49 None None
923,907.52 10,579.23
None
None None None

Total Assets -------------------------------$ 3,0H,047.47

LIABILITIES Demand deposits ---------------------$ Time deposits -------------------------------------Deposits of U. S. Government Deposits of States and political Despuobsditisvisoifonbsan--k---s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_----
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__tc__._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Other liabilities -------------------------------Capital --------------------------------------------------Surplus ------------------------------------------------ Undivided profits -------------------------------Reserves ---------------------------------------------

1,638,207.45 799,956.69 70,693.26
219,184.66 285.33
6,739.62 None
None None 75,000.00 50,000.00 83,980.46 70,00().00

Total Liabilities -------------------------- $ 3,014,047.47

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF OGLETHORPE Oglethorpe, Ga.

As Called for by the Superintendent of banks

JOHN F. WILLIAMS, President.
Date of Charter: 2-5-1901

MRS. BLANCHE R. WILLIAMS, Cashier.
Began Business: 2-8-1901

ASSETS Cash, balances with other banks, in-
cluding reserve balanc~es, 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 stock'S (including stock of
Federal Reserve Banlr) ------------------- 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 ---------------------------------------

705,011.42 443,100.00
None X one None 284,589.33 1.00
8.00
None None None

Total Assets ----------------------------- ___ $ 1,432,709.75

Demand deposits ___L__I__A___B__I__L___I_T___I_E___S_________$
Time deposits ------------------------------------Deposits of U. S. Government____________ Deposits of States and political Despuobsditisvisoifonbsan--k---s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and officers' checks, etc.)--------------------------
Bills payable_________ ------------------------------Acceptances executed by or for
account of this bank and outstanding -------------------------------------------Other liabilities -----------------------------------Capital -------------------------------------------------Surp!us -------------------------------------------------Undivided profits -------------------------------Reserves ______________________ ------------------------

676,083.68 193,211.05
36,270.00
240,173.63 100,000.00
10,897.40 None
None 7,052.97 30,000.00 20,000.00 98,596.41 20,424.61

Total Liabilities --------------------------- $ 1,432,709.75

l

104

DEPARTMENT OF BANKING

STATEMENT

Showing condition at :the close of business December 31, 1954, of

THE FARMERS BANK Palmetto, Ga.

As Called for by the Superintendent of banks

J. H. BALLARD, President.
Date of Charter: 6-29-1918

B. HUDSON, Cashier.
Began Business: 7-10-1918

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and ca::;n

items in process of collection_____$ 219,753.44

United States Government obliga-

tions, direct and guaranteed.________ 268,500.00

Obligations of States and political

subdivisions

None

Other bonds. notes. and debentures

None

Corporate stockls (including stock of

Federal Reserve Bank).-------------

None

Loans and discounts (including

overdrafts) ........................................ 132.907.41

Bank premises owned, furniture and

fixtures --

2.00

Real estate owned other than bank

premises ---------

None

Investments and other assets indi-

rectly representing bank premises or other real estate _______________

None

Customers' liability to this bank on

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

None

Other

assets

---

-

-

-

None
--

Total Assets ............................... $ 621,162.85

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-
stanoing ----- Other liabilities - Capital -- Surplus --- Undivided profits ...................
Reserves ----------------------------------------------

430,272.75 102,912.36
None
17,411.09 None
1,834.38 None
None None 25,000.00 10,000.00 10,732.27 23,000.00

Total Liabilities ........................... $ 621,162.85

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE PATTERSON BANK Patterson, Ga.

As Caiied for by the Superintendent of banks

ROMA THOMAS, President.
Date of Charter: 6-19-1907

AGNES M. THOMAS, Cashier.
Began Business: 6-19-1907

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection........$ 254,442.94

United States Government obliga-

tions, direct and guaranteed _________

96,000.00

Obligations of States and political

subdivisions __________ ------------------------

None

Other bonds, notes, and debentures ....

None

Corporate stock'S (including stock of

Federal Reserve Bank)------

None

Loans and discounts (including

overdrafts) ....

67,960.64

Bank premises owned, furniture and

fixtures -------

1,230.00

Real estate owned other than bank

premises --------------------------------------------

None

Investments and other assets indi-

rectly representing bank premises

or other real estate..._________

None

Customers' liability to this bank on

acceptances outstanding_________

None

Other

assets

---

------

-

None
--

Total Assets -----------$ 419,633.58

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..-Aoceptances executed by or for
account of this bank and out-
standing ------ Other liabilities -
Capital ---- Surplus ---- Undivided profits - Reserves ........ -

285,681.30 62,651.99 None
29,200.00 None
272.22 None
None 65.00 15,000.00 20,000.0() 6,763.07 None

Total Liabilities ------$ 419,633.58

1

THIRTY-FIFTH ANNUAL REPORT

105

STATEMENT

Showing condition at the close of business December 31, 1954. 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 with other banks, in-

cluding reserve balances, and cash

items In process of collection........$ 607,857.15

United States Government obliga-

tions, direct and guaranteed_________ 519,000.00

Obligations of States and political

subdivisivns ----------------------------------

None

Other bonds, notes, and debentures

None

Corporate stocks (including stock of

Federal Reserve Bank) ____________________

None

Loans and discounts (including

overdrafts) --------------------------------------- 372,217.82

Bank premises owned, furniture and

fixtures ---------------------------------------------

7,566.66

Real estate owned other than bank

premises --------------------------------------------

None

Investments and other assets indi-

rectly representing bank premises

or other real estate__________________________

None

Customers' liability to this bank on

acceptances outstanding___________________

None

- - - - Other assets --------------------------------------

None

Total Assets __________________________________$ 1,506,641.63

LIABILITIES Demand deposits ----------~----------------------$ Time deposits -----------------------------------Deposits of U. S. Government____________ Despuobsditisvisioofns _S__t_a__t__e__s__.._a__n_d_____p__o__l_i_t_i_c_a_l_ Deposits of banks_________________________________
Other deposits (certified and offiBilclesrs'pacyhaebckles_,___e__tc__._)_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Other liabilities --------------------------------Capita! --------------------------------------------------Surplus ------------------------------------------------Undivided profits -------------------------------Reserves ----------------------------------------------

485,264.82 254,313.51 50,494.37
221,915.39 405,512.49
1,531.56 None
None 2,000.00 25,000.00 25,000.00 10,609.49 25,000.00

Total Liabilities ------------------------ __ $ 1,506,641.63

STATEMENT

Showing condition at the close of business December 31. 1954, 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-

cluding reserve balances, and cash

items In process of collection........$

United States Government obligations, direct and guaranteed_________

Obliga~i~n~ of States and political

subdlVlSlOnS

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

Other bonds, notes, and debentures

Corporate stockos (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-
orercotltyherrerperaelseensttiantge__b__a_n__k___p__r_e_m__i_s_e_s

Customers' liability to this bank on acceptances outstanding____________________

Other assets ------------------------------------

623,615.46 1,009,300.00
15,000.00 None None
892,978.38 67,242.22
None
None None None

Total Assets ----------------------------------$ 2,608,136.06

LIABILITIES Demand deposits ---------------------------$ Time deposits ------------------------------------Deposits of U. S. Government____________ Deposi!s ..of States and political
DeSpUobsditiSVISoIfOllbSan---k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
Other deposits (certified and offiBilclesrs'_pcahyeabckles_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Aeceptances executed by or for account of this bank and outstand>ng -------------------------------
Other liabll!tles ---------------------Capital -----------------------------------------------Surplus ________ ------------------------------------ Undivided profits -----------------------------Reserves ---------------------------------------------

1,313,881.94 550,467.22 19,550.77
408,688.21 9,620.79
9,341.29 None
None 12,197.58 100,000.00 100,000.00 84,388.26
None

Total Liabll!tles ---------------------- $ 2,608,136.06

106

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

PELHAM BANKING CO. Pelham, Ga.

As Called for by the Superintendent of banks

W. C. COOPER, JR., President.
Date of Charter: 12-4-1936

W. W. CROSLAND, Cashier.
Began Business: 12-8-1936

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

432,628.92 911,624.18 104,350.53
None None 558,890.31 4,754.41 None
None None 209.61 2,012,457.96

LIABILITIES Demand deposita --------------------- $ TDiempeosidtespoosfitUs . --S--.---G---o--v-e--r-n--m--e-n--t-_--_--__-_-_-_-_-_-_-_-_ Deposits of States and political Despuobsditisvisoifonbsa-n--k-s-_-_-_-__-_-_-__-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-__
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e_t__c_._)_-__~_-_-_-__-_-_-_-__-_-_-__-_-_-_-__-_-_-_-__-_-_
Acceptances executed by or for account of this bank and out-
standing ---------------------------------------------Other liabilities ---------------------------------Capital------------------------Surplus ----------------------------Undivided profits ------------------------------- Reserves ---------------------------------------

923,078.23 632,651.79
37,223.99
286,893.28 None
4,521.21 None
None 4,150.95
25,000.0~
65,000.00 31,037.52
2,900.99

Total Liabilities ------------------------- $ 2,012,457.96

STATEMENT

Showing condition at the close of business December 31, 1954. 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 Cash, balances with other banks, In-
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)-------------------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 --------------------------------------

403,380.02 210,()50.00
13,585.00 None None
552,873.91 5,810.00 None
None None 4,708.89

Total Assets ----------------------------- ... $ 1,190,407.82

LIABILITIES
Demand deposits -------------------------------- $ DTiempoe sidtespoosfitUs . --S---.---G--o--v--e-r--n-m---e--n--t-_-_--_-_-_-_-_-_-_-_-_-_
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 -----------------------------------------------

690,279.25 256,275.18
25,489.20
113,501.23 None
7,356.86 None
None 10,051.57 25,000.00 30,000.00
2,454.53 30,000.00

Total Liabilities --------------------------- $ 1,190,407. 82

,

THIRTY-FIFTH ANNUAL REPORT

107

STATEMENT

Showing condition at the close of business December 31, 1954, 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 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 stock" (Including stock of Federal Reserve Bank) ------------------- Loans and discounts (Including overdrafts) --------------------------------------- Bank premises owned, furniture and
fixtures --------------------------------------------- Real estate owned other than bank
premis2s ------------------------------------------- Investments and other assets Indi-
rectly representing bank premises or other real estate-------------------------- Customers' liability to this bank on acceptances outstanding__________________
Other assets --------------------------------------

999,452.58 847,937.50
None None None 871,535.59
2.00 None
None None None

Total .Assets --------------------------------- $ 2,718,927.67

LIABILITIES Demand deposits ----------------------------------$ Time deposits ------------------------------------Deposits of U. S. Government ___________ Deposits of States and political
Despuobsditisvisoifonbsa-n--k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e_t_c__._)_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-_-__
.Acceptances executed by or for account of this bank and outstanding -----------------------------------------
Other liabilities --------------------------------- Capital -------------------------------------------------- Surplus ----------------------------------------------- Undivided profits ------------------------------ Reserves -----------------------------------------------

1,440,820.98 230,879.26 37,120.41
613,046.29 None
3,832.&5 None
None None 50,000.00 100,000.00 243,228.08 None

Total Liabilities --------------------------- $ 2,718,927.67

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF PINEHURST Pinehurst, Ga.

As Called for by ihe Superintendent of banks

HOWELL PORTER, President.
Date of Charter: 1-1-1908

ALTON P. DRAUGHON, Cashier.
Began Business: 1904

.ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash items in process of collection........$ 265,258.97

United States Government obligations, direct and guaranteed_________

282,506.25

Obligations of States and political subdivisions --------------------
Other bonds, notes, and debentures

None None

Corporate stoc~ (Including stock of Federal Reserve Bank)-----------
Loans and discounts (Including overdrafts) -------------------------------------
Bank premises owned, furniture and fixtures ------ ___ -------------------
Real estate owned other than bank

None 158,209.08
2.00

premises -----------------------------------------Investments and other assets Indi-

None

or ercot ltyh errerperaels eensttiantge __b___a__n__k____p__r__e__m___i_s__e_s_

None

Customers' liability to this bank on acceptances outstanding___________________

None

- - - - Other assets ------------------------------------

None

Total .Assets ----------------------------------$ 705,976.30

LIABILITIES Demand deposits ------------------------------$ Time deposits -------------------------------------Deposits of U. S. Government~---------- Deposlts of States and political
Despuobsditisvisoifonbsa-n--k-s--_-_-__-_-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_
Other deposits (certified and offiBilclesrs'pacyhaebclkes_,__e__tc_._)_-_-_-_--_-_-_-_-_-_--_-_-_-_-_-_--_-_-_-_-_-_-_--_
.Acceptances executed by or for account of this bank and out-
standing --------------------------- Other liabilities -------------------------------Capital -------------------------------------- Surplus ------------------------------------------ Undivided profits ------------------------------ Reserves ----------------------------------------------

470,834.75 101,363.95
None
64,91().63 None
8,835.41 None
None None 25,000.v0 25,000.0(! 10,031.56 Nor.e

Total Liabilities -------------------------- $ 705,976.30

108

DEPARTMENT OF BANKING

STATEMENT

Showing condition ai :the close of business December 31, 1954, of

PITTS BANKING COMPANY Pi:tts. Ga.

As Called for by :the Superintendent of banks

A. C. SHELL, President.
Date of Charter: 6-2-1906

EDWIN W. SHELL, Cashier.
Began Business: 6-1906

ASSETS Cash, balances with other banks, in-
cluding reserve balan(les, and cash Items In process of collection........$ United States (i{)vernment obligations, direct and guaranteed.....____ Obligations of States and political subdivisions ...................................... Other bonds, notes, and debentures Corporate stock" (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 ---------------------------------
Total Assets ..................................$

235,046.11 90,800.00
None None None 129,095.24 1,126.00 None
None None None 456,067.35

LIABILITIES Demand deposits ------------- $ Time deposits ----------------------Deposits of U. S. Government.......---Deposlts of States and political Despuobsditisvisoifonbsan--k--s--_-_-_-_--_-_-_-_-_--_-_-_-_-_--_-_-_-_-_--_-_-_-__
Other deposits (certified and offl-
c<'rs' checks, etc.)---------------------------Bills payable--------------------------------------Acceptanees executed by or for
account of this bank and outstanding -----------------------------------------Other liabilities ----------------------------Capital ------------------------------------------Surplus -------------------------------------Undivided profits --------------Reserves -----------------------------------------

277,814.49 62,437.60 6,017.50
50,617.84 None
379.17 None
None None 25,000.00 25,000,.00 8,800. 75 None

Total Liabilities ------------------------- $ 456,067.35

STATEMENT

Showing condition a:l: :the close of business December 31, 1954, 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 balan<les, and cash items in process of collection........ $ United States Government obligations, direct and guaranteed _________ Obliga~ion~ 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 bani<
premises _______________ ----------------------------Investments and other assets indi-
rectly representing bank premises or other real estate__________________________
Customers' liability to this bank on acceptances outstanding__________________
Other assets ------------------

1,594,359. 70 1,134,195.31
20,000.00 None None
389,137.40 16,799.38
None
None None None

Total Assets -------------------- $ 3,154,491. 79

LIABILITIES
Demand deposits --------------------- $ Time deposits --------------- Deposits of U. S. Government............ Deposits of States and political
subdivisions ----------------------------- Deposits of banks.......---------------------Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e_t_c__._)_-__-_-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing ------------Other liabilities ----- Capital --------------------------------------- Surplus -----------------------------------------------Undivided profits -----------------------Reserves --------------------------------------------

2,107,178.44 499,054.60 81,197.70
163,154.24 6,578.43
838.87 None
None 4,013.60 100,000.00 50,000.00 17,475.91 125,000.00

Total Liabilities ------$ 3,154,491. 79

1

THIRTY-FIFTH ANNUAL REPORT

109

STATEMENT

Showing condition a:t :the close of business December 31, 1954, 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 with other banks, In-
eluding reserve balanoos, 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 ol Federal Reserve Bankt) -------------------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 -------------------------------------

254,977.72 1,210,288.43
5,000.00 None None
423,789.90 7,566.00 None
None None None

Total Assets ----------------------------- ___ $ 1,901,622.05

Demand

deposits

LIABILITIES ______________ :: ___________

$

DTiempoesidtespoosfitoU. --S--.---G---o-v--e--r-n-m---e--n-t-_--_--_-_-__-_-_-_-_-_Deposits of States and political Despuobsditisvisoifonbsa-n-k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_

Other deposits (certified and offiBilelesrs'pacyhaebclkes_,___e__t_c__._)________________________________-_-_-_-_-_-_-_-_-_-_-_-_-_

Acceptances executed by or for account of this bank and out-
standing ----------------------------------Other liab!lltles -------------------------------Capital --------------------------------------------------Surplus -----------------------------------------------Undivided profits --------------------------------
Reserves -----------------------------------------------

984,039.46 439,095.17
53,604.91
270,614.18 None
6,429.01 None
None None 25,000.00 50,000.00 22,839.32 50,000.00

Total Liabilities --------------------------$ 1,901,622.05

STATEMENT

Showing condition ai :the close of business December 31, 1954, of

THE RENTZ BANKING COMPANY 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 obligations, 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 (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 ------------------------------

290,079.73 114,000.00
10,230.00 None None
239,293.85 3,202.94 5.00
None None None

Demand deposits __L__I_A___B__I__L__I_T__I__E__S________$
Time deposits ------------------------------------Deposits of U. S. Government ____________ Deposits of States and political Despuobsditisvisoifonbsa-n--k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Other deposits (certified and offiBilclesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__--_
Acceptances executed by or for account of this bank and outstanding -----------------------------------------
Other liabilities --------------------------------CapitaI -----------------------------------------------Surplus ------------------------------------------------Undivided profits -------------------------------Reserves ----------------------------------------------

413,781.98 80,492.10 3,457.50
65,073.56 None
None None
None 502.85 25,000.00 25,000.00 39,900.64 3,602.91

Total Assets -- --------------------------------$ --6-56-,8-11-.5-4-------T-o-ta-l -Li-ab-il-it-ie-s -----------------------------------$---6-56-,8-11-.5-4

110

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, 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. BELL, Cashier.
Began Business: 9-8-1922

ASSETS Cash, balances with other banks, In-
cluding reserve balanoes, 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 stockll (Including stock of Federal Reserve Bank!)-------------------Loans and discounts (Including
overdrafts) ----------------------------------Bank premises owned, furniture and
fixtt:res ------------------------- ------------------Real estate owned other than bank
premises -----------------------------------------Investments and other assets Indi-
rectly representing bank premises or other real estate____________
Customers' llablllty to this bank on acceptances outstanding__________________
Other assets ------------------------------------

575,433.83 92,550.00 2,000.00 9,000.00 None
569,184.88 2,351.00 None
None None 300.00

Total Assets --------------------------------- $ 1,250,819.71

LIABILITIES Demand deposits ---------------------------------$ TDiempeosidtespoosfitUs . --S---.---G---o--v--e--r-n--m---e--n--t--__-_-_-_-_-_-_-_-_-_-_ Deposits of States and political
Despuobsditisvisoifonbsan--k--s-_-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-_
Other deposits (certified and officers' checks, etc.)---------------------------
Bills payable.-------------------------------Acceptances executed by or for
account of this bank and out-
standing ----------------------------------------Other liabilities ---------------------------------Capital -------------------------------------------------Surplus ----------------------------------------------Undivided profits -------------------------------Reserves -----------------------------------------------

783,641.33 280,302.94
4,242. 75
54,154.45 None
3,896.26 None
None None 25,000.00 50,000.00 49,581.98 None

Total Liabilities --------------------------- $ 1,250,819. 71

STATEMENT

Showing condition at the close of business December 31, 1954, 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 balanoes, and cash

items in process of collection........$ 92,292.94

United States Government obligations, direct and guaranteed_________

90,000.00

Obligations of States and political subdivisions -------------------------------------
Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Bank) ____________________

None None
None

Loans and discounts (including overdrafts) -------------------------------------
Bank premises owned, furniture and fixtures ---------------------------------------
Real estate owned other than bank premises ---------------------------------------------
Investments and other assets Indi-

122,064.38 500.00 None

rectly representing bank premises or other real estate____________________________ Customers' liability to this bank on acceptances outstanding___________________

None None

Other assets ---------------------------------------- - -18,2-25.-78

Total Assets --------------------------------- $ 323,083.10

Demand deposits __L___I_A___B___I__L_:I_T___I_E___S_________$
Time deposits ________ ------------------------------Deposits of U. S. Government ____________ Deposits of States and political Despuobsditisvisoifonbsan---k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding --------------------------------------------
Other llabil!ties ----------------------------------Capital -------------------------------------------------Surplus -------------------------------------------------Undivided profits -------------------------------Reserves ----------------------------------------------

216,367.02 18,000.00 None
29,500.00 None
211.47 None
None 250.00 25,000.00 2:>,00jj.OO 8,754.61 None

Total Liabll!ties ----------------------------$ 323,083.10

1

THIRTY-FIFTH ANNUAL REPORT

111

STATEMENT

Showing condition at the close of business December 31, 1954, 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 PARISH, Cashier.
Began Business: 10-15-1927

ASSETS Cash, balances with other banks, in-
cluding reserve balanoos, and cash Items In process of collection........ $ United States Government obl!gations, direct and guaranteed.......... Obl!gations of States and pol!tical subdivisions ...................................... Other bonds, notes, and debentures Corporate stocks (Including stock of
Federal Reserve BankJ) .................... 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' !lability to this bank on acceptances outstanding.................... Other assets ........................................

442,497.92 406,052.00
22,000.00 None None
263,979.77 7,584.00 None
None None None

Total Assets ................................. $ 1,142,113.69

Demand deposits _L__I_A_B__I_L_I_T_I_E__S_____$
Time deposits ........................................ Deposits of U. S. Government ............ Deposits of States and pol!tical
subdivisions ........_ ............................. Deposits of banks.:................................ Other deposits (certified and offi
cers' checks, etc.) ______..____
Bllls payable.......................................... Acceptances executed by or for
account of this bank and outstanding .............................................. Other liabilities .................................... Capital .................................................... Surplus .................................................. Undivided profits ................................ Reserves ................................................

648,290.98 125,394.24 1'1,419.56
47,592.43 196,101.52
2,314.96 None
None None 40,000.00 40,000.00 25,000.00 None

Total Liabilities ............................$ 1,142,113.69

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF RINGGOLD Ringgold, Ga.

As Called for by the Superintendent of banks

J. H. TRIMMIER, President.
Date of Charter: 8-26-1904

N. E. PORTER, Cashier.
Began Business: 8-1904

ASSETS
Cash, balances with other banks, including reserve balances, and cash items in process of collection........$
United States Government obl!gations, 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 ..............................._..._

612,838.54 61'1 ,668.44 47,141.41
None None 456,485.47 14,338.77 7,411.00
None None 1,337.00

Total Assets .................................. $ 1,757,220.63

LIABILITIES Demand deposits ..................................$ 'l'lme deposits ........................................ Deposits of U. S. Government............ Deposits of States and political
subdivisions ........................................ Deposits of banks........................- ....... Other deposits (certified and off!.
cers' checks, etc.)----------------------------Bills payable.......................................... Acceptances executed by or for
account of this bank and outstanding .............................................. Other !labilities .................................... Capital ................................................... Surplus .................................................. Undivided profits ................................
Reserves ---------------------------------------------

851,549.02 492,889.31
31,213.86
270,965.61 None
237.00 None
None None 25,000.00 50,000.00 35,365.83 None

Total Liabilities ............................$ 1,757,220.63

112

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, 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 balanc,es, and cash items in process of collection........$ United States Government obligations, direct and guaranteed_________ Obliga~i~n~ of States and political
subdlVlSlODS --------------------------------------
Other bonds, notes, and debentures Corporate stockls (including stock ot
Federal Reserve BanM _______ _ Loans and discounts (including
overdrafts) ........................................ Bank premise-s 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 ________________.,________________$

219,586.90 224,728.13 14,300.00
None None 221,293.99 3,354.64 1,800.00
None None None 685,063.66

Demand deposits ___L__I__A___B__I__L__I__T___I_E___S_________$ Time deposits _____..__________________________ ......
Deposits o! 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 _____________________________________........
OCathpeitrallia__b__i__l_i_t__i_e__s___-__-_-_-.-.--_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_--_
Surplus .................................................. Undivided profits ................................ Reserves ----------------------------------------------

413,335.21 97,613.67 None
130,672.88 None
524.34 None
None :><one 15,000.00 10,000.00 3,000.00 14,917.56

Total Liabilities -------------------$ 685,063.66

STATEMENT

Showing condition at the close of business December 31, 1954, of

ROCHELLE STATE .BANK Rochelle, Ga.

As Called for by the Superintendent of banks

W. K. HOLT, SR., President.
Date of Charter: 7-8-1947

MATT W. ESTES, Cashier.
Began Business: 8-1-1947

ASSETS Cash, balances with other banks, in-
rluding 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 stockls (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 representinv. bank premises or other real estate____________________________ Customers' liability to this bank on Hcceptances outstanding__________________
Other assets -------------------------------------
Total Assets ----------------------------------$

248,187.40 48,990.63 None None None
191,965.89 1,300.00 None
None None None 490,443.92

LIABILITIES Demand deposits ----------------------------------$ Time deposita _____ ------------------------------Deposits of U. S. Government..__________ Deposi~s. _of States and political DeSpUobsditiVs ISoIfOnbSan--k---s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e__tc__._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Other liabilities ----------------------------------Ga pita1 --------------------------------------------------Surplus -----------------------------------------------Undivided profits -------------------------------Reserves ------------------------------------------------

370,507.18 3,639.40 None
60,015.95 None
931.05 None
None 2,098.94 25,000.00 20,000.00 8,251.40
None

Total Liabilities ----------------------------$ 490,443.92

1

THIRTY-FIFTH ANNUAL REPORT

113

STATEMENT

Showing condition at the close of business December 31, 1954, 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-
eluding reserve balan<les, 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 Bankl) -,--::-:-:-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 ____

624,107.71 1,691,986.75
42,162.78 None None
1,044,831.96 59,940.29 None
None None None

Total Assets ------------------------------$ 3,463,029.49

LIABILITIES Demand deposits ------------------------------$ Time deposits ___ ------------------------------Deposits of U. S. Government____________ Deposits of States and political
Despuobsditisvisoifonbsan--k--s-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_-_
Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_, _et_c._)--_--_---_---_--_---_--_---_--_---_--_
Acceptances executed by or for account of this bank and outstanding-----------------------------
Other liabilities ---------------------------Capital -------------------------------Surplus --------------------------------------Undivided profits -------------------------------Reserves ----------------------------

1,797,531.52 1,132,155. 70
63,547.16
227,139.96 None
9,038.39 None
None 6,245.50 50,000.00 50,000.00 46,157.89 81,213.37

Total Liabilities ------------------------ $ 3,463,029.49

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE ROME BANK AND TRUST COMPANY Rome, Ga.

As Called for by the Superintendent of banks

J. B. DODD, SR., President.
Date of Charter: 4-5-1945

BOBBY G. EARLY, Cashier.
Began Business: 10-1-1945

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 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__________________
Oth~r assets ------------------------------------
Total Assets __________________________________ $

1,216,124.36 2,813, 718.19
251,287.43 10,008.5() None
2,130,219.91 39,707.57 None
25,176.30 None
13,309.26 6,499,551.52

LIABILITIES Demand deposits -------------------------------- $ Time deposits --------------------------------------Deposits of U. S. Government ___________ Deposits of States and political D espuobsdi tisv i soifo nbsa -n--k--s-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_ _
Other deposits (certified and offi-
Bilclesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Acceptances executed by or for account of this bank and outstanding --------------------------- ________________
Other liabilities ---------------------------------Capital -------------------------------------------------Surplus ------------------------------------------------Undivided profits -------------------------------Reserves ----------------------------------------------

2,904,568.44 2,078,160.75
311,289.45
808,171.55 100,338.75
24,664.55 None
None None 125,000.00 85,000.00
~.307.19
57,050.8<1

Total Liabilities -------------------------- $ 6.499,551.52

114

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

ROSWELL BANK Roswell, Ga.

As Called for by the Superintendent of banks

C. G. WEBB, President.
Date of Charter: 3-1-1901

J. G. WEBB, Cashier.
Began Business: 3-1901

ASSETS 'Cash, balances with other banks, In-
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 stockls (Including stock of
Federal Reserve BanJo).................... 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 -----

480,572.02 1,822,660.00
249,857.64 None None
1,706,078.98 35,115.57
None
None None 286.68

Total Assets --------$ 4,294,570.89

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 - Capita! --- Surplus - Undivided profits ................................
Reserves -----------------------------------------------

2,575,525.27 1,263,076.47
35,053.81
105,797.13 37,220.76
5,614.06 None
None 56,717.65 50,000.00 50,000.00 55,565.74 60,000.00

Total Liabilities -----$ 4,294,570.S9

STATEMENT

Showing condition at the close of business December 31, 1954, 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 balanDes, and cash items In process of collection........$ United States Government obligations, direct and guaranteed....._... Obligations of States and political
subdivisions --- Other bonds, notes, and debenture Corporate stock'S (Including stock of
Federal Reserve BanJo)- Loans and discounts (including
overdrafts) -- Bank premises owned, furniture and
fixtures ---- Real estate owned other than bank
premises ------------------------------------------- Investments and other assets lndl
rectly representing bank premise or other real estate.............----- Customers' liability to this bank on acceptances outstanding...............___
Other assets ---

274,581.84 931,791.64 221,445.89
None None 310,799.66 5,705.99 None
None None None

Total Assets ................................ $ 1,744,325.02

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 --
x~s~i:;2:d --~~-~-~~~-~---:::::::::::::::::::::::::::::::

1,122,409.14 253,326.36 154,596.51
71,513.58 None
2,660.73 None
None None 50,000,00 50,000.00 39,818.70 None

Total Liabilities ............................$ 1,744,325.02

THIRTY-FIFTH ANNUAL REPORT

115

STATEMENT

Showing condition at ihe close of business December 31, 1954, 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. VINING, Cashier.
Began Business: 10-1-1898

ASSETS

Gash, balances with other banks, in-

cluding reserve balan0es, and cash

Items in process of collection........$ 205,666.77

United States Government obliga-

tions, direct and guaranteed ____ _ 193,000.00

Obligations of States and polltlca I

subdiYisions -------------------------------------Other bonds, notes, and debentur"

8,169.55 3,000.00

Corporate stock'S (including stock of Federal Reserve Bank-) ___________

None

Loans and discounts (Including

overdrafts) ____ ----------------------------------- 539,758.35

Bank premises owned, furniture and

fixtures --------------------------------------------- Real estate owned other than bank

2,440.64

premises ---------------------------------------------

None

Investments and other assets indi-

rectly representing bank premises or other real estate ___________________________

None

Customers' liability to this bank on acceptances outstanding___________________

None

Other

assets

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

-

-

None
--

Total Assets ----------------------------------$ 952,035.31

LIABILITIES Demand deposits -------------------------------- $ Time deposits -------------------------------------Deposits of U. S. Government __________ Deposits of States and political
subdivisions ---------------------------------------Deposits of banks _______ ----------------- . ___ Other deposits (certified and offiB i cl lesr s 'p acyhaebclkes_,___e__t_c_._)_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-__-____________ _
Acceptances executed by or for account of this bank and out-
standing -------------------------------------------Other liabilities ---------------------------------- Capital --------------------------------------------------. Surplus ------------------------------------------------Undivided profits ------------------------ ______
Reserves --------------------------------------

410,597.48 235,143.51
None
152,613.45 None
2,525.39 60,000.00
None None 25,000.00 12,500.00 49,115.20 4,540.28

Total Liabilities -------------------------- $ 952,035.31

STATEMENT

Showing condition ai the close of business December 31, 1954, of

BANK OF SARDIS Sardis, Ga.

As Called for by the Superintendent of banks

W. H. SMITH, President.
Date of Charter: 4-27-1945

T. D. ZEIGLER, Cashier.
Began Business: 7-2-1945

ASSETS

Cash, balances with other banks, In-

cluding reserve balanoe.s, and cash

items in process of collection........$ 78,019.10

United States Government obliga-

tions, direct and guaranteed.._______

75,000.00

Obligations of States and political

subdivisions ------------------------------------- Other bonds, notes, and debentures

None None

Corporate stock'S (including stock of

Federal Reserve Bani<!)-------------------

None

Loans and discounts (including

overdrafts) --------------------------------------- Bank premises owned, furniture and

1(}2,046.15

fixtures ---------------------------------------------

None

Real estate owned other than bank

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

None

rectly representing bank premises 01 other real estate _____________

None

Customers' liability to this bank on acceptances outstanding_________

None

- - - - - Other assets ---------------------

None

Total Assets ---------------------* 315,065.25

LIABILITIES Demand deposits ------------------------------- $ Time deposits ---------------------------------. Deposits of U. S. Government____________ Deposits of States and political Despuobsditisvisoifonbsa-n-k--s--_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__
Other deposits (certified and offi-
Blrl.lesrs'pacyhaeb('lkes_,___e__t_c_._)_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-__
Acceptances executed by or for account of this bank and outstanding ---------------------------------------------
Other !labilities ---------------------------------Capital -------------------------------------------------SurpJus ---------------------------------------------Undivided profits ------------------------------Reserves ----------------------------------------------

148,157.05 38,207.23 1,175.96
56,576.33 7,298.80
314.83 None
None None 25,000.00 17,500.00 20,835.05 None

Total Liabllltles ----------------------- $ 315,065.25

116

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF SASSER Sasser, Ga.

As Called for by the Superintendent of banks

T. E. MILLER, President.
Date of Charter: 2-15-1905

D. D. HILL, Cashier.
Began Business: 1905

ASSETS

LIABILITIES

Cash, balances with other banks, in-

Demand deposits ..................................$ 261,735.30

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

92,501.06

Time deposits
Deposits of p.

...s......G...o..v..e..r.n..m....e.n..t........................

17,700.00 3,435.00

United States Government obliga-

Deposits of States and political

tions, direct and guaranteed ......... 181,500.00

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

51,346.88

Obligations of States and political

Deposits of banks .................................

None

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

None

Other deposits (certified and offl-

Other bonds, notes, and debentures Corporate stocks (Including stock of

None

rers' rhecks, etc.)-----------------------------Bills payable..........................................

100.00 None

Federal Reserve Bank!) ....................

None

Acceptances executed by or for

Loans and discounts (Including

account of this bank and out-

overdrafts) ........................................ 144,104.13

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

None

Bank premises owned, furniture and

Other liabilities ....................................

None

fixtures ..............................................

1,700.00

Capital ....................................................

25,000.00

Real estate owned other than bank

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

32,500.0fl

premises --------------------------------------------

None

Undivided profits ................................

27,988.01

Investments and other assets Indi-

Reserves ................................................

None

rectly representing bank premises

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

None

Customers' !lability to this bank on

acceptances outstanding.._________

None

Other

assets

---

-

-

-

----

-

-

-

----

--

-

-

None
--

Total Assets ----------------------$---4-19-,8-05-.1-9-------T-o-ta-l L-i-ab-il-it-ie-s -...-....-...-...-...-....-...-...-..$----419,805.19

STATEMENT

Showing condition at :the close of business December 31, 1954, of

ATLANTIC SAVINGS &: TRUST CO. Savannah, Ga.

As Called for by the Superintendent of banks

JAMES E. CAROLAN, President.
Date of Charter: 11-6-1933

JAS. J. JOHNSON, Cashier.
Began Business: 11-6-1933

ASSETS Cash, balances with other banks, in-
cluding reserve balan<les, 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 Indirectly representing bank premises or other real estate ............................ Customers' !lability to this bank on acceptances outstanding.................... Other assets ........................................

304,219.61 1,091,885.65
None None None 2,022,225.48 36,029.59 1.00
None None 29,587.77

Total Assets ..................................$ 3,483,949.10

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.) .............................. Bills payable.......................................... Acceptances executed by or for
account of this bank and outstanding .............................................. Other l.iabllltles .................................... Capital .................................................... Surplus .................................................. Undivided profits ................................
Reserves -----------------------------------------------

None 2,637,064.12
None
248,800.00 10,000.00
1,384.55 None
None None 100,000.00 300,000.00 186,700.43 None

Total Liabilities ............................$ 3,483,949.10

THIRTY-FIFTH ANNUAL REPORT

117

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE CARVER SAVINGS BANK Savannah, Ga.

As Called for by the Superintendent of banks

L. B. TOOMER, President.
Date of Charter: 4-29-1947

L. D. PERRY, Cashier.
Began Business: 6-4-1947

ASSETS

Cash, balances with other banks, lnrludlng reserve balanoos, and cash Items In process of collection........ $
United States Government obligations, direct and guaranteed_________

88,186.04 45,050.00

Obligations of States and political subdivisions -------------------------
Other bonds, notes, and debentures Corporate stock'S (including stock of

4,929.00 None

Federal Reserve Bank:)------------ Loans and discounts (Including

100.00

overdrafts) --------------------------------Bank premises owned, furniture and

492,129.12

fixtures ----------------- -------------------------Real estate owned other than bank

1,319.90

premises ---------------------------Investments and other assets Indi-
or ercot ltyh errerperaels eensttiantge __b__a__n__k____p__r_e__m___i_s__e_s_

852.19 None

Customers' liablllty to this bank on acceptances outstanding________________

None

Other assets ------------------- - - -85-.55

Total Assets ---------------------------------$ 632,651.80

LIABILITIES Demand deposits -----------------------------$ DTiempeosidtespoosfitUs .--S--.--G---o-v--e-r-n--m--e--n--t-__-_-_-_-__-_-_-_-_
Deposits of States and political
Despuobsditisvisoifonbsa-n--k-s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and officers' checks, etc.)----------------------------
Bills payable---------------------------------- Acceptances executed by or for
account of this bank and out-
standing -------------------------------------------- Other liablllties -------------------------Capital ---------------------------------Surplus . -----------------------------------Undivided profits ------------------------ Reserves --------------------------------------------

None 444,()91.71
None
10,800.00 35,000.00
1,883.06" None
None None 100,000.00 20,480.00 13,396.9T 7,000.00

Total Liabilities ----------------------------$ 632,651.80

STATEMENT

Showing condition at the close of business December 31, 1954, of

CHATHAM SAVINGS BANK Savannah, Ga.

As Called for by the Superintendent of banks

GEO. W. HUNT, President.
Date of Charter: 8-10-1953

ELTON W. CREECH, Vice-President.
Began Business: 8-10-1953

ASSETS Cash, balances with other banks, in-
cluding reserve balanoos, 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 stock:s (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 ----------------------

199,459.14 None
167,258. 75' 42,440.0(1 1.00
1,834,160. 76 4,754.73' 4.0(1
41,604.20 None
8,791.811_

Total Assets ----------------------------------$ 2,298,474.38'

LIABILITIES
Demand deposits --------------$
TDiempeosidtespoosfitUs .-S-.--G-o-v-er-n-m-e-n-t_-_-__-_-__-_ Deposits of States and political Despuobsditisviosfiobnasn-k-s-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-_
Other deposits (certified and officers' checks, etc.) ________________
Bills payable.__________________
Acceptances executed by or for account of this bank and outstanding -----------------------------------------
Other llablllties ---------------------Capital ----------------- ----------------Surplus --------------------------------------Undivided profits ----------------Reserves -----------------------------------------

None 1,591,950.9(1
None
None None
None None
None 104,341.32' 300,000.00 200,000.00'
79,219.11 22,963.05

Total Liabilities ------------------------ $ 2,298,4 74. 38

118

DEPARTMENT OF BANKING

STATEMENT

Showing condition at ihe close of business December 31, 1954, of

THE GEORGIA STATE SAVINGS BANK OF SAVANNAH Savannah, Ga.

As Called for by ihe Superintendent of banks

J. P. HOULIHAN, President.
Date of Charter: 7-29-1909

R. R. SNEAD, JR. Cashier.
Began Business: 8-4-1909

ASSETS Cash, balances with other banks, in-
cluding reserve balan<leS, and cash items in process of collection........ $ United States G<Jvernment obligations, direct and guaranteed.....____ Obligations of States and political subdivisions ------------Other bonds, notes, and debentures Corporate stocks (including stock of Federal Reserve Bankl) ------------------ 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 ---------------

598,652.76 942,000.00 211,512.75
None None 5,582,125.35 99,534.11 None
None None 76,20.9.11

Total Assets ------------------------------- $ 7,510,034.08

LIABILITIES Demand deposits ---------------------- $ TDiempoesidtespoosfitUs .--S-.--G--o-v-e-r-n-m--e-n--t.-.-..-__-_-__-__-_ Deposits of States and political
subdlvisions ------------------------------- Deposits of banks....---------------------------Other deposits (certified and offiBicllesrs'pacyhaebclkes_,__e__t_c_._)__-_-_-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-
Acceptances executed by or for account of this bank and out-
standing -------------------------------------- Other liabilities ---------------------------Capital --------------------------------------Surplus -----------------------------Undivided profits ---------------------------Reserves ----------------------------------------

None 6,339,391.57
1,331.25
339,224.28 None
14,832.25 None
None 72,225.62 325,000.00 200,000.00 98,029.11 120,000.00

Total Liabilities ---------------------$ 7,510,034.08

STATEMENT

Showing condition at the close of business December 31, 1954, of

INDUSTRIAL SAVINGS BANK Savannah, Ga.

As Called for by :the Superintendent of banks

L. R. WYLLY, President.
Date of Charter: 5-19-1954

A. B. GAMMON, JR., Sec.-Treas.
Began Business: 5-20-1954

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash items in process of collection........$ United States G<Jvernment obligations, direct and guaranteed.-------Obligations of States and political subdivisions ------------------------------------Other bonds, notes, and debentures Corporate stocks (including stock of Federal Reserve Bankl) ------------------ 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 ----------------------------

30,940.58 50,000.0IJ
None None None 938,052.32 8,578.85 None
None None 1,395.23

Total Assets -------------------------------- $ 1,028,966.98

LIABILITIES Demand deposits ---------------------$ TDiempoesidtespoosfitUs .--S--.---G---o--v-e--r-n--m---e-n--t-.-_-_-_-_-_-__-_-_-_-_
Deposits of States and political subdivisions ------------------------------------
Deposits of banks...---------------------------- Other deposits (certified and offi-
Bilclesrsp' acyLaebclkes_,____e_t_c_._)_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_--_
Acceptances executed by or for account of this bank and out-
standing --------------------------------------Other liabilities --------------------------------- Capital --------------------------------------------Surplus -------------------------------------- Undivided profits ---------------------------- Reserves ------------------------------------------

376,053.01 128,400.00
None
None None
None 198,5()().00
None 11,110.82 150,000.00 30,000.00 45,409.62 29,493.53

Total Liabilities ------------------------- $ 1,028,966.98

THIRTY-FIFTH ANNUAL REPORT

119

STATEMENT

Showing condition aiihe close of business December 31, 1954. 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

STILLWELL TRAIN, Cashier.
Began Business: 7-1-1869

ASSETS

Cash, balances with other banks, Including reserve balances, and cash Items In process of collection........ $ 8,099,428.04

United States Government obligations, direct and guaranteed________ 9,382,592.60

Obligations of States and political

subdivisions ---------------Other bonds, notes, and debentures Corporate stockls (Including stock of
Federal Reserve BankJ) ___________

1,085,726.33 193,5&2.31 60,001.00

Loans and discounts (Including

overdrafts) ---------------------------------------- 16,901,979.21 Bank premises owned, furniture and

fixtures ------------------------------------Real estate owned other than bank

557,721.8 I

premises ---------------------------------------Investments and other assets indi-
rectly representing bank premises or other real estate____________________________

None None

Customers' liability to this bank on acceptances outstanding___________________

None

Other assets ---------------------------- 232,811.55

Total Assets -----------

$ 36,513,822.85

LIABILITIES

Demand deposits

$ 20,090,658.43

Time deposits ----------------------- 7,815,276. 78

Deposits of U. S. Government.._______

487,449.24

Deposits of States and political

Despuobsidtsiviosfiobnasn-k-s-_-_-__-_-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_

2,378,481.49 1,663,502.38

Other deposits (certified and officers' checks, etc.) _________
Bills payable______________________

1,()87,333.64 None

Acceptances executed by or for

account of this bank and out-

standing -------------------------- Other liabilities -------------------
Capital -----------------------Surplus ----------------------Undivided profits ----------------------------- Reserves ---------------------------------------

None 398,77().00 1,000,000.00 1,000,000.00 439,372.75 152,978.14

Total Liabilities -------------------------- $ 36,513,822.85

STATEMENT

Showing condition aiihe close of business December 31, 1954, of

THE FARMERS & MERCHANTS BANK 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 balanoos, 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 BankJ) ---------------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 ----------------------------------------
Total Assets --------------------------------- $

217,959.44 334,121.12
None None None 295,570.35 2,505.80 None
None None None 850,156.71

LIABILITIES Demand deposits ----------------------------- $ Time deposits --------------------------------------Deposits of U. S. Government............ Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s-_-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-_
Other deposits (certified and offiBicllesrsp' acyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing ------------------------------------------Other liabilities --------------------------------Capital -------------------------------------------Surplus ------------------------------------------------ Undivided profits ------------------------------- Reserves ---------------------------------------------

482,376.23 261,185.11
970.52
34,320.25 None
1,931.80 None
None 170.45' 25,00().00 25,006.00 19,202.35' None

Total Liabilities ----------------------- $ 850,156.11

120

DEPARTMENT OF BANKING

STATEMENT

Showing condition a:t :the close of business December 31, 1954, of

CITIZENS BANK OF SHADY DALE Shady Dale, Ga.

As Called for by :the Superin:tendent of banks

0. H. BANKS, President.
Date of Charter: 2-6-1920

0. H. BANKS, Cashier.
Began Business: 4-12-1920

.ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash

Items In process of collection........$ 92,765.00

United States Government obliga-

tions, direct and guaranteed--------- 1()5,000.0(1

Obligations of States and political

subdivisions ----------------Other bonds, notes, and debenture9

None None

Corporate stocks (Including stock of Federal Reserve Bani<) ____________________

None

Loans and discounts (Including

overdrafts) ----------------------------------Bank premises owned, furniture and

1()2,463.07'

fixtures ---------------

1.00

Real estate owned other than bank

premises ----------------------

1.00

Investments and other assets Indi-

orercotltyherrepreraesl eensttiantge_b_an_k__pr_em_i_se_s

None

Customers' liability to this bank on acceptances outstanding_______

None

- - - - - Other assets ---------------------Total .Assets ______________$

None 300,230.07'

Demand deposits __L__I__A___B__I__L__I_T___I_E___S_________$
TDiempeosidtespoosfitUs .--S-. -G--o-v-e-r-n-m--en--t_-__-__-__-__-__-_ Deposits of States and political Despuobsdiitsvisoifonbsa-n-k-s-_-_-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_-_-_
Other deposits (certified and offiBlcllesrsp' acyhaebclkes_,__e__tc__.)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_-_
.Acceptances executed by or for account of this bank and outstanding ------------------------------------
Other liabilities ----------------------------Capital ------------------------------------Surplus ------------------------------------Undivided profits -----------------------------Reserves --------------------------

121,777.18 70,297.89 None
70,545.6(1 None
655.02' None
None 1,776.38' 20,000.00 10,000.00 5,178.0(f
None

Total Liabilities ----------------------- $ 300,230.07

STATEMENT

Showing condi:tion a:t :the close of business December 31, 1954, of

BANK OF SHARON Sharon, Ga.

As Called for by :the Superintendent of banks

ARTHUR D. BROWN, President.
Date of Charter: 9-29-1904

B. R. DARDEN, Cashier.
Began Business: 9-1904

.ASSETS Cash, balances with other banks, In-
cluding reserve balanoes, 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 BankJ) -------------------Loans and discounts (including overdrafts) --------------Bank premises owned, furniture and fixtures --------------------------------------Real estate owned other than bank premises ------------------------------------------Investments and other assets indior er cot ltyh e rrerperaels eensttiantge __b__a_n__k___p_r_e__m__i_s_e_s
Customers' liability to this bank on acceptances outstanding_________________
Other assets ----------------------------------------
Total Assets --------------------------------- $

64,51}2.7-f 200,000.00
None 4,000.011
:X one 78,614.28
601.00 None
None None 2,900.27 350,618.29

LIABILITIES Demand deposits -------------------------------$ DTiempoesidtespoosfitUs .---S--.---G---o--v--e--r-n--m---e--n--t-_-_-_-_-_-_-_-_-_-_-_-_ Deposits of States and polltlcal Despuobsditisvisoifonbsan---k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e__tc__._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------
Other liabilities --------------------------------Capital -------------------------------------------------Surplus ---------------------------------------------Undivided profits ------------------------------Reserves -----------------------------------------------

84,753.28 44,608.6!
None
184,670.29 None
447.50 None
None None 15,000.0(/ 17,000.011 4,138.6! None

Total Liabilities -------------------------- $ 350,618.29

THIRTY-FIFTH ANNUAL REPORT

121

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF SMYRNA Smyrna. Ga.

As Called for by the Superintendent of banks

D. C. LANDERS, President.
Date of Charter: 4-4-1946

W. C. PATTERSON, Cashier.
Began Business: 8-5-1946

ASSETS Cash, balances with other banks, In-
eluding reserve balanoes, 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 Invperesmtmiseensts---a-n--d---o-t-h--e-r---a-s-s-e--t-s---i-n-d--i-orercotltyherrerperaelseensttiantge__b__a_n__k___p_r_e__m__i_s_e_s
Customers' !lability to this bank on acceptances outstanding______
Other assets --------------------------------

526,124. 7!1 262,325.00
46,668.01 None None
455,143.99 24,11}2.41
None
None None None

Total Assets ----------------------------------$ 1,314,964.32

LIABILITIES Demand deposits ----------------------------$ DTiempoesidtespoosfitUs . --S--.---G---o--v--e-r--n-m---e--n--t-_-_-_-_-_-_-_--_-_Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-__-_-_-__-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__tc__._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Other liabilities --------------------------------Capital ----------------------------------Surplus --------------------------------------Undivided profits ------------------------------Reserves ----------------------------------------------

849,844.48 259,951.31
None'
49,853.00 23,662.93
12,118.81 None
None 2.1a 55,000.01J 15,000.00 49,465.58' None

Total LlabU!tles -----------------------$ 1,314,964.32

STATEMENT

Showing condition at the close of business December 31, 1954, 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

W. S. McKIBBEN, Cashier.
Began Business: 3-8-1924

ASSETS Cash, balances with other banks, in-
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!)-------------Loans and discounts (including overdrafts) -------------------------------------Bank premises owned, furniture and fixtures ---------------------------------Real estate owned other than bank premises -----------------------------------Investments and other assets indior er cot ltyh errerperaels eensttiantge __b__a_n__k____p_r_e__m__i_s_es
Customers' liability to this bank on acceptances outstanding_________________
Other assets ----------------------------------
Total Assets _________________________________$

223,204.11 201,800.0(1
None None None 391,906.86 1,001.0(1 None
None None None 823,912.63

LIABILITIES Demand deposits ----------------------$ DTiempoesidtespoosfitUs .--S--.--G--o--v-e-r-n--m--e--n-t-_-__-_-__-_-__-_-__
Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s-_-__-_-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_-__-_--
Other deposits (certified and offiBlcllesrsp' acyhaebclkes_,___e_t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_
Acceptances executed by or for account of this bank and out-
standing --------------------------------------Other !labilities --------------------------Capital -------------------------------Surplus ----------------------Undivided profits ----------------------------Reserves --------------------------------------

605,890.33 34,141.85'
1,879.90
18,60,1.83 None
5,211.36 None
None None 25,000.00' 50,000.00 1,521.36 15,000.00'

Total Liabilities ----------$ 823,912.63

122

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE BANK OF SOPERTON Soperton, Ga.

As Called for by the Superintendent of banks

J. E. HALL,
President. Date of Charter: 7-16-1906

R. A. PERRY, Cashier.
Began Business: 1903

ASSETS Cash, balances with other ban].<s, in-
cluding reserve balan<les, and cash items in process of collection....... $ United States G<lvernment obllga tions, direct and guaranteed..----Obligations of States and political subdivisions -----------------Other bonds, notes, and debentures Corporate stockos (including stock of Federal Reserve Bani;;) .................... Loans and discounts (including
overdrafts) ------------------Bank premises owned, furniture and
fixtures ------------------Real estate owned other than bank
premises ----------------------Investments and other assets indi-
orercotltyherrerperaelseensttiantge__b__a_n__k____p_r__e_m__i_s__e_s
Customers' liability to this bank on acceptances outstanding______
Other assets

865,190.32 993,359.()0 57,597.25
None None 648,023.65 6,750.00 None
None None 4,102.60

Total Assets ----------------- $ 2,575,022.82

Demand deposits _L__I_A_B__I_L_I-:_T_IE_S__ $
TDiempeosidtespoosfitUs .--S--.--G--o--v-e--r-n-m---e--n-t--__-_-_-_-__-_-_-__ Deposits of States and political Despuobsditisvisoifonbsa-n k-s -___-___-___-___-___-___-___-___-___-___-__
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 ------------------------------------------

1,286,073.47 591,521.09 124,067.35
353,190.53 None
7,951.26 None
None 37,168.30 50,000.00 50,000.00 75,050.82
None

Total Liabilities ------------------------ $ 2,575,022.82

STATEMENT

Showing condition at :the close of business December 31, 1954, of

BANK OF HANCOCK COUNTY Sparta, Ga.

As Called for by the Superintendent of banks

J. H. DOLVIN, President.
Date of Charter: 10-18-1904

S. H. HOLLIS, Cashier.
Began Business: 9-5-1904

ASSETS

Cash, balances with other banks, in-

cluding reserve balan<les, and cash items in process of collection......_$ 4~3,910.15

United States G<lvernment obliga-

tions, direct and guaranteed..------ 436,255.99

Obligations of States and political

subdivisions ---------------Other bonds, notes, and debentures

232,653.85 125,0()0.00

Corporate stockls (including stock of

Federal Reserve Bankl) ----------

None

Loans and discounts (including

overdrafts) ----------------------Bank premises owned, furniture and

781,356.80

fixtures -------------------Real estate owned other than bank

3,000.00

premises ---------------

1.00

Investments and other assets indi-

rectly representing bank premises or other real estate________________

None

Customers' liability to this bank on acceptances outstanding_______

None

- - - - Other assets ----------------

None

Total Assets ---------------------------$ 2,022,177.79

LIABILITIES
Demand deposits --------------------------$ Time deposits -------------------------------------Deposits of U. S. Government____________
Deposits of States and political subdivisions ---------------------------------
Deposits of banks.------------------------------- Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e__t_c_._)__-_-_-_-__-_-_-____-__-_-_-__-_-_-_-__-_-__-_
Acceptances executed by or for account of this bank and out-
standing --------------------------------------- Other liabilities ---------------- Capital ---------------------Surplus -----------------Undivided profits --------------Reserves ----------------------

802,841.94 767,201.12 61,919.83
293,946.65 None
1,185.78 None
None None 25,000.00 40,000.00 20,082.47 10,000.00

Total Liabilities ---------------- $ 2,022,177. 79

THIRTY-FIFTH ANNUAL REPORT

123

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE EXCHANGE BANK OF SPRINGFIELD Springfield, Ga.

As Called for by the Superintendent of banks

B. L. RAHN, President.
Date of Charter: 12-30-1907

EMORY A. SHEAROUSE, Cashier.
Began Business: 1-1-1908

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash items in process of collection........ $ United States Government obl!gations, direct and guaranteed....._ .. Obligations of States and political
subdivisions --------------Other bonds, notes, and debentures Corporate stockis (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' !!ability to this bank on acceptances outstanding______
Other assets -----------

411,354.68 827,000.00
9,500.00 None None
517,045.61 12,334.84
None
None None None

Total Assets ................................. $ 1,837,235.13

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.) ________________
B!lls payable..................- ........____....
Acceptances executed by or for account of this bank and outstanding ...................................-----
Other l!ab!l!t!es ...................._ ............ C:tp!tal .................................................... Surplus .................................................. RUensdeirvviedsed ..p_r_of_it_s _.._..._..._..._..._..._..._.__.._..._...

938,527.44 604,965.31
None
192,742.38 None
None None
None None 25,000.00 60,000.00 16,0()().00 None

Total L!ab!l!t!es ........................... $ 1,837,235.13

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF STAPLETON Stapleton. Ga.

As Called for by the Superintendent of banks

J. C. KILGORE, President.
Date of Charter: 3-20-1916

J. C. KILGORE, Cashier.
Began Business: 1906

ASSETS

Cash, balances with other banks, In-

cluding reserve balanoes, and cash

items in process of collection........$ 287,264.48

United States Government obl!ga-

tions, direct and guaranteed.......... 315,100.00

Obl!gat!ons of States and political

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

7,239.56

Other bonds, notes, and debentures

None

Corporate stockis (including stock of

Federal Reserve Bank!) ....................

None

Loans and discounts (Including

overdrafts) ........................................ 130,397.95

Bank premises owned, furniture and

fixtures ................................_ ..........

1,300.00

Real estate owned other than bank

premises .........................c........________

200.00

Investments and other assets Indi-

rectly representing bank premises

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

None

Customers' l!ab!l!ty to this bank on

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

None

- - - - Other assets ..........................____..__

None

Total Assets .................................. $ 741,501.99

LIABILITIES Demand deposits ......_ .......________ $
Time deposits .....--------..-------Deposits of U. S. Government............ Deposits of States and pol!t!cal Despuobsditisvisoifonbsan...k..s.._.._.._..._.._..._.._.._..._.._.._..._.-__
Other deposits (certified and officers' checks, etc.) ..........______
B!lls payable..............- - - - - - - Acceptances executed by or for
satcacnoduinntg .o..f.....t.h._is .b._a_n_k__a_n_d_, o_u_t_-
Other l!ab!l!t!es -----------SCuarppitlauls -.-..-.._--..-..-_..-_-_--_-_-_--_-_--_-_-_-
RUensdeirvviedsed _p_r_o_f_it_s__.._.._..._......_....._._.._._.._.._._.._._.._.._..

628,303.99 40,632.13
9,736.25
6,1()7.12 None
3,608.07 None
None None 15,000.00 22,000.00 16,114.43 None

Total L!ab!l!t!es ........______.$ 741,501.99

124

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

BULLOCH COUNTY BANK Statesboro, Ga.

As Called for by the Superintendent of banks

W. G. COBB, President.
Date of Charter: 1-19-1934

W. D. ANDERSON, Cashier.
Began Business: 4-14-1934

.ASSETS Cash, balances with other banks, in-
eluding reserve balan<les, 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 stockJS (including stock of Federal Reserve Bankl) -------------------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 --------------------$

712,754.84 1,283,525.00
238,045.04' None None'
1,259,024.95 46,690.0(1 None>
None' None'
1,300.0~
3,541,339.83

Demand deposits __L___I_A___B__:I_L___I_T___I_E__S__________$
Time deposits ------------------------------------Deposits of U. S. Government............ Deposits of States and political
subdivisions --------------------------------------Deposits of banks.....---------------------------Other deposits (certified and offiBlcllesrs'pacyhaebclkes_,___e__tc__.)_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
.Acceptances executed by or for account of this bank and outstanding ---------------------------------------
Other liab!l!t!es ------------------------ Capital ----------------------------------------Surplus -----------------------------------Undivided profits ------------------------------Reserves ----------------------------------------------

2,382,876.98 326,508.4! 131,788.79
305,211.90 50,512.35'
17,286.43 None
None 17,000.0(1 100,000.00' 100,000.0(1 50,154.9T 60,000.00'

Total Liabilities -------------------------- $ 3,541,339.83

STATEMENT

Showing condition at the close of business December 31, 1954, of

SEA ISLAND BANK Statesboro, Ga.

As Called for by the Superintendent of banks

C. B. McALLISTER, President.
Date of Charter: 3-11-1901

KERMIT R. CARR, Cashier.
Began Business: 1901

.ASSETS Cash, balances with other banks, in-
cluding reserve balan<les, 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 Bankl) -------------------Loans and discounts (including
overdrafts) -----------------------Bank premises owned, furniture and
fixtures --------------------------------------------Real estate owned other than ban!(
premises ------------------------------------------Investments and other assets indi-
rectly representing bank premises or other real estate___________________________
Customers' liability to this bank on acceptances outstanding__________________
Other assets -----------------------------

1,423,447.79 916,900.00 8,000.00 None None
1,950,452.52 25,000.0 0 None
None None None

Total .Assets -----------$ 4,323,800.31

LIABILITIES
Demand deposits -----------------$

Ttme deposits

-----

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

Deposits of States and political

subdivisions---------------------

Deposits of banks.....--------------------------

Other deposits (certified and offi-

Blcllesrs'pacyhaebclkes.,___e__t_c__._)_-_-__-_-_-__-_-_-__-_-_-__-_-__-_-_-__-_-_-_

.Acceptance~ executed by or for account of this bank and out-
standing --------------------------------------- _ Other liab1lities ------------------------------Capital -----------------------------------------Surplus ----------------------------------------------Undivided profits ------------------------------Reserves ---------------------------------------------

3,265,027.63 427,801.32 18,851.09
194,507.65 50,803.59
37,094.51 None
None 1,325.00 125,000.00 125,000.00 50,00().00 28,389.52

Total Liabilities ---------------------------$ 4,323,800.31

THIRTY-FIFTH ANNUAL REPORT

125

STATEMENT

Showing condition at the close of business December 31, 1954, of

ST. SIMONS STATE BANK St. Simons, Ga.

As Called for by the Superintendent of banks

J. H. LESTER, JR., President.
Date of Charter: 4-24-1950

C. W.LANCE, Cashier.
Began Business: 6-1-1950

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 premises owned, furniture and
fixtures ---------------------------R.,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 --------------------------------------

192,116.35 364,611.73 49,261.26
None None 535,105.74 19,568.58 15,600.00
None None 160.98

Total Assets -------------------------- ____ $ 1,176,424.64

LIABILITIES Demand deposits -------------------------------- $ TDiempeosidtespoosfitUs . ---S--.---G--o--v--e--r--n--m---e-n--t--_-__-_-_-_-_-_-_-_-_-_ Deposits of States and political Despuobsditisvisoifonbsan--k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e_t__c_._)_~_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
Acceptances executed by or for account of this bank and out-
standing -------------------------------0\her liabilities --------------------------------Capital ------------------------------------------------Surplus --------------------------------------------Undivided profits ------------------------ -Reserves ---------------------------------------

697,405.70 326,835.14
17,913.74
54,861.17 None
1,095.00 None
None 1,250.00 25,000.00 37,500.00 10,062.97 4,500.92

Total Liabilities --------------------------- $ 1,176,424.64

STATEMENT

Showing condition at the close of business December 31, 1954, of

FARMERS &: MERCHANTS BANK Summerville, Ga.

As Called for by the Superintendent of banks

D. L. McWHORTER, President.
Date of Charter: 2-5-1926

JAMES F. KING, Cashier.
Began Business: 2-6-1926

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection________ $ Un:ted States Government obligations, direct and guaranteed.________ Obliga~i~n~ 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 --------------------------

924,089.95 2,042,2.97.31
538,491.04 None None
1,507,959.87 86,450.00 891.00
None None 275.24

Total Assets ----------------------------------$ 5,100,454.41

LIABILITIES Demand deposits ---------------------------------- $ Time deposits -----------------------------------Deposits of U. S. Government____________ Deposits of States and political Despuobsditisvisoifonbsa-n-k--s--_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs>pacyhaebclkes_,___e_tc__.)_-_-_-_-_--_-_-_-_-_-_-_--_-_-_-_-_-_--_-_-_-_-_-_--_
Acceptances executed by or for account of this bank and out-
standing -------------------------------------Other liabilities --------------------Capital ---------------------------------------Surplus -----------------------------Undivided profits ------------------------------Reserves ------------------------------------------

3,139,532.00 782,220.16 238,836.51
577,771.59 None
12,804.90 None
None 6,000.00 100,000.00 110,000.00 50,000.93 83,288.32

Total Liabilities -------------------------- $ 5,100,454.41

126

DEPARTMENT OF BANKING

STATEMENT

Showing condition at :the close of business December 31, 1954, of

THE CENTRAL BANK Swainsboro, Ga.

As Called fo.r 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, balances with other banks, In-
eluding reserve balanoos, and cash Items in process of collection........ $ United States Government obligations, direct and guaranteed.......... Obliga~i~n~ of States and political
SUbdlVlSlOllS --------------------------
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 -------------------------------

439,472.81 1,123,856.14
28,069.94 None None
933,440.85 6,863.00 None
None None None

LIABILITIES Demand deposits ---------------- $
TDiempeosidtespoosfitUs .--s--.---G--o-v--e-r-n--m--e-n--t-----------------
Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s-_-_-_-_-__-_-_-__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-
Other deposits (certified and offi-
cers' checks, etc.)----------------------Bills payable.. ---------------------------Acceptances executed by or for
account of this bank and out-
standing ------------------------------ Other !labilities ---------------------------------- Capital --------------------------------------Surplus -------------------------------Undivided profits ------------------------------Reserves --------------------------------------------

1,158,225.89 773,395.82 70.,054.72
308,909.21 21,922.01
3,408.64 None
None None 50,000.00 120,000.00 19,786.39 None

---To-ta-l -A-s-se-ts------------------------------- -----$--2,-53-1-, 7-02-.7-4 -------T-ot-al Liabilities -------------------------- $ 2,531,702.74

STATEMENT

Showing condition at :the close of business December 31, 1954, of

THE CITIZENS BANK OF SWAINSBORO Swainsboro, Ga.

As Called for by :the Superintendent of banks

W. M. KARRH, President.
Date of Charter: 11-10-1900

J. R. DEKLE, Cashier.
Began Business: 1900

ASSETS Cash, balances with other banks, in-
cluding reserve balanoos, 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

679,225.11 1,231,500.00
60,818.48 None None
1,315,880.89 13,999.14 13,375.00
None None None

Total Assets ................................. $ 3,314,798.62

LIABILITIES Demand deposits -----------------$ DTiempeosidtespoosfitUs .--S-. Go-v-e-r-n-m-e-n-t-__-__-_-__-__-_ Deposits of States and political
Despuobsditisviosfiobnasn--k-s-__--_-_--_-_-_-_--_-_--__-_--_-_-
Other deposits (certified and officers' checks, etc.) _______________
Dills payable.......................................... Acceptances executed by or for
account of this bank and out-
standing ------------------Other llabllltles -------------------Capital ------------------------------Surplus ------------------------Undivided profits ------------------ Reserves ----------------------------

1,531,230.59 1,071,811.71
25,921.62
305,942.23 27,673.73
90,523.94 None
None 8,000.00 100,000.00 140,000.00 7,688.80
None

Total Liabilities ----------------------- $ 3,314,798.62

THIRTY-FIFTH ANNUAL REPORT

127

STATEMENT

Showing condition ai the close of business December 31, 1954, of

BANK OF SCREVEN COUNTY Sylvania, Ga.

As Called for by ihe Superintendent of banks

JOHN A. MILLS, JR., President.
Date of Charter: 4-10-1911

W. B. LOVETT, JR., Cashier.
Began Business: 2-28-1930

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, a.nd debentures Corporate stock'S (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' liablllty to this bank on acceptances outstanding--------------
Other assets --------------------------------------

466,946.25 871,140.63 479,328.22
None None 1,228,088.98 15,000.0() None
None None None

Total Assets --------------------------------- $ 3,066,504. OR

LIABILITIES Demand deposits ------------------------------- $ TDiempeosidtesP'OofsitUs .-S-.--G-o-v-er-n-m-e-n-t-___-__-__-__-__ Deposits of States and political Despuobsditisvisoifonbsa-n-k-s--__-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBlcllesrs'pacyhaebclkes_,__e__t_c__.)__-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_
Acceptances executed by or for account of this bank and out-
standing ----------------------------Other liabllltles -------------------------------Capital ---------------------------------------------Surplus -----------------------------------------Undivided profits ------------------------------Reserves --------------------------------------

1,822,626.21 691,485.85 51,044.85
194,751.61 None
7,272.41 None
None None 50,000.0() 150,000.0() 99,323.15' None

Total Liabilities -------------------------- $ 3,066,504.08

STATEMENT

Showing condition at the close of business December 31, 1954, of

FARMERS & 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 collection........ $ United States Government obligations, direct and guaranteed_________ Obligations of States and political subdivisions --------------------Other bonds, notes, and debentures Corporate stockl! (Including stock of Federal Reserve BanJo) ____________________
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' liablllty to this bank on acceptances outstanding_______
Other assets ---------------

319,670.98 404,490.00
None None None 499,466.37 4,921.00 None
None None 900.00

Total Assets ------------------------$ 1,229,448.35

LIABILITIES Demand deposits ------------------------------ $ DTiempoesidtesP'OofsitUs .--S-. -G-o-v-e-r-n-m-e-n-t-__-__-__-__-__-_ Deposits of States and political Despuobsditisvisoifonbsan--k--s-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebcJkes_,___e__t_c_._)_-__-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-__
Acceptances executed by or for account of this bank and outstanding ------------------------------------------
Other liablllties ------------------Capital ----------------------------SurpIus ---------------------------------------Undivided profits ---------------------------- Reserves ---------------------------

643,690.6\} 292,358.56
5,785.19'
163,935.78 None
513.66 None-
None None 65,000.0() 20,000.00 38,104.4T None

Total Liabilities --------------------- $ 1,229,448.35

128

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of
BANK OF WORTH COUNTY Sylvester, Ga.

As Called for by the Superintendent of banks

J. M. SUTTON, President.
Date of Charter: 4-28-1945

PAULK REEVES, Cashier.
Began Business: 11-1-1945

ASSETS

Cash, balances with other banks, in-

cluding reserve balan0es, and cash

items In process of collection........$ 299,282.24

United States Government obliga-

tions, direct and guaranteed------ 526,698.94

Obligations of States and political

subdivisions ---------------------Other bonds, notes, and debentures

115,175.00 None

Corporate stockos (Including stock of

Federal Reserve Bank>)-------------------

None

Loans and discounts (including

overJrafts) ------------------------------------- __ 559,208.29

Bank premises owned, furniture and

fixtures ---------------------------------------------

21,500.00

Real estate owned other than bank

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

None

rectly representing bank premises

or other real estate__________

None

Customers' liability to this bank on

acceptances outstanding______

None

Other assets ----------- --------~1~,2~0~5:.5~0

Total Assets ----------------------------------$ 1,523,069.97

LIABILITIES Demand deposits ---------------------------$ Time deposits -------------------------------------Deposits of U. S. Government ___________ Deposits of States and political
subdivisions ---------------------------------------Deposits of banks -------------------------------Other deposits (certified and off!Bicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing -------------------------------------------Other liabilities ----------------------------------Capital ----------------------------------Surplus -----------------------------------------------Undivided profits -----------------------------Reserves ----------------------------------

693,359.45 471,533.97 57,468.61
145,322.36 15,000.00
6,075.83 None
None 3,332.50 50,000.00 65,000.00 5,977.25 10,000.00

Total Liabilities ____________________________ $ 1,523,069.97

STATEMENT

Showing condition a:t :the close of business December 31, 1954, of

SYLVESTER BANKING COMPANY Sylvester, Ga.

As Called for by :the Superintendent of banks

C. H. STRANGWARD, President.
Date of Charter: 7-5-1898

T. M. PURDOM, Cashier.
Began Business: 7-1898

ASSETS Cash, balances with other banks, In-
cluding reserve balanc-es, 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 stock'S (including stock of Federal Reserve Bankl) ------------------Loans and discounts (Including overdrafts) ---------------------Bank premises owned, furniture and
fixtures -------------------------------Real estate owned other than bank
premises----------------------------Investments and other assets Indi-
or ercot ltyh errerperaels eensttiantge __b_a_n__k___p_r_e_m__i_s_e_s_
Customers' !lability to this bank on acceptances outstanding_______________
Other assets ---------------------------
Total Assets -------------$

947,832.43 1,361,000.00
16,000.00 None None
900,702.33 54,000.00 None
None None None 3,279,534.76

LIABILITIES
Demand deposits ---------------------------$
DTiempeosditespoosfitUs .--S-.--G--o-v--e-r-n-m--e-n-t-.-__-__-_-__-__-_Deposits of States and political
Despuobsditlsvisoifonbsa-n--k--s-_---_--_--_--_--_--_--_--_--_--_--_--_--_--_----
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e_t_c_._)_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-
Acceptances executed by or for account of this bank and outstanding --------------------------------------
Other liabilities -----------------------Capital----------------------Surplus -----------------------------Undivided profits ---------------Reserves ---------------------------------------

1,857,981.66 879,067.39 21,573.18
280,887.66 5,049.79
8,216.84 None
None 16,758.24 50,000.00 100,000.00 60,000.00
None

Total Liabilities -----------------------$ 3,279,534. 76

THIRTY-FIFTH ANNUAL REPORT

129

STATEMENT

Showing condition at the close of business December 31, 1954, 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 balanoes, and cash

Items in process of collection........$ 234,998.35

United States Government obliga-

tions, direct and guaranteed ________ 538,750.00

Obligations of States and political

subdlvisions --------------------------------Other bonds, notes, and debentures

None None

Corporate stocks (Including stock of

Federal Reserve Bankl) ----------------

None

Loans and discounts (Including

overdrafts) -----------Bank premises owned, furniture and

124,736.55

fixtures -------------------------------------------

2.00

Real estate owned other than bank

premises --------------------------------------Investments and other assets Indi-

None

rectly representing bank premises or other real estate____________________________

None

Customers' liability to this bank on acceptances outstanding____________________

None

Other

aseets

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

-

-

-

-

None --'

Total Assets ----------------------------------$ 898,486.90

LIABILITIES
Demand deposits ---------------------$
DTiempoesidtespoosfitUs . --S--.---G--o--v--e-r-n--m---e-n--t-_-__-_-_-_-__-_-_-_-_ Deposits of States and political Despuobsditlsvisoifonbsa-n-k--s--_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,__e__t_c_._)_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
Acceptances executed by or for account of this bank and outstanding --------------------------------------------
Other liabilities --------------------------------Capital --------------------------------------------Surplus ------------------------------------------------Undivided profits -------------------------------Reserves -----------------------------------------

536,350.12 2,141.26 None
272,122.32 None
642.00 None
None None 25,000.00 25,000.00 37,231.20 None

Total Liabilities ---------------------------$ 898,486.90

STATEMENT

Showing condition at the close of business December 31, 1954, of

WEST GEORGIA BANK OF TALLAPOOSA

Tallapoosa, Ga. As Called for by the Superintendent of banks

W. I. LANIER, President.
Date of Charter: 12-6-1948

J. G. KNIGHT, JR., Cashier.
Began Business: 7-6-1949

ASSETS Cash, balances with other banks, in-
cluding reserve balanc,es, and cash Items in process of collection________ $ United States Government obligations, direct and guaranteed ________ Obligations of States and political subdlvisions ------------------------------------Other bonds, notes, and debentures Corporate stocks (Including stock of Federal Reserve Bankl) __ Loans and discounts (including overdrafts) ------------------------------------Bank premises owned, furniture and fixtures ---------------------------------------------Real estate owned other than bank premises -------------------------------------------- Investments and other assets indiorercotltyherrerperaelseensttiantge __b__a__n___k_____p__r_e__m___i__s_e__s_
Customers' liability to this bank on acceptances outstanding_________________
Other assets -------------------------------
Total Assets ----------------------------------$

180,0,64.02 211,582.80 50,354.95
496.60 None 304,610.97 4,170.26 None
None
812,075.08

LIABILITIES Demand deposits ---------------------------------$ TDiempeosidtespoosfitUs . ---S--.---G---o--v--e--r-n--m---e--n--t--_-_-_-_-_-_-_-_-_-_-_ Deposits of States and political
Despuobsditlsvisoifonbsa-n--k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_
Other deposits (certified and offiBiciiesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Other liabilities ----------------------------------CapitaI ------------------------------------------------Surplus ------------------------------------------------Undivided profits ---------------------------Reserves -----------------------------------------------

543,166.82 124,155.11
None
44,500.00 None
2,510.98 None
None 1,250.00 25,000.00 25,000.00 46,491.57
None

Total Liabilities ---------------------------$ 812,075.08

130

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, 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 process of collection........$ 99,652.67

United States Government obliga-

tions, direct and guaranteed ________ 238,635.42

Obligations of States and political

subdivisions ------------------------------------Other bonds, notes, and debentures

None None

Corporate stocks (including stock of

Federal Reserve Bank) -------------------

None

Loans and discounts (including

overdrafts) ---------------------------------------- 344,648.52

Bank premises owned, furniture and

fixtures --------------------------------------Real estate owned other than bank

1,000.00

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

None

rectly representing bank premises or other real estate____________________________

None

Customers' liability to this bank on acceptances outstanding_______

None

- - - - - Other assets ------------------

None

Total Assets ----------------------------------$ 683,936.61

LIABILITIES Demand deposits --------------------------------- $ Time deposits -----------------------------------Deposits of U. S. Government ___________
Deposits of States and political Despuobsdiitvs isoifonbsan--k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing --------------------------------------------Other liabilities ---------------------------------Capital ----------------------------------------------Surplus ---------------------------------------------- Undivided profits ------------------------------Reserves ----------------------------------------------

397,800.28 65,914.13 3,723.27
104,837.37 None
2,602.12 None
None None 25,000.00 35,000.00 49,059.44 None

Total Liabilities ---------------------$ 683,936.61

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF TEMPLE Temple, Ga.

As Called for by the Superintendent of banks

C. R. HART, President.
Date of Charter: 11-25-1946

L. G. LYELL, Cashier.
Began Business: 7-1-1947

ASSETS

Cash, balances with other banks, In-

cluding reserve balanoes, and cash

Items in process of collection........ $ 65,456.5!1

United States Government obliga-

tions, direct and guaranteed...______ 180,000.00

Obligations of States and political

subdivisions --------------------------Other bonds, notes, and debentures

None None

Corporate stocks (Including stock of

Federal Reserve Bankl) --------------

None

Loans and discounts (Including

overdrafts) ------------------------------------- 100,294.97

Bank premises owned, furniture and

fixtures -----------------------------------------Real estate owned other than bank

1,669.87

premises ---------------------------------------

None

Investments and other assets indi-

rectly representing bank premises or other real estate___________________________

None

Customers' liability to this bank on

acceptances outstanding_________________

None

- - - - - Other assets --------------------------

None

Total Assets ----------------------------$ 347,421.43

LIABILITIES Demand deposits ---------------------------------$ Time deposits -----------------------------------Deposits of U. S. Government____________ Deposits of States and political Despuobsditisvisoifonbsa-n-k--s--_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs,pacyheacbl~l:es_,___e_t_c__._)_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing ----------------------Other liabilities ----------------------------Capital -----------------------------Surplus ------------------------------------------Undivided profits --------------------Reserves --------------------------------------

278,097.48 None None
19,500.00 None
None None
None 121.45 25,000.00 15,000.00 9,702.50 None

Total Liabilities ---------$ 347,421.43

THIRTY-FIFTH ANNUAL REPORT

131

STATEMENT

Showing condition al: ihe close of business December 31, 1954, of

TENNILLE BANKING CO. Tennille, Ga.

As Called for by ihe Superinienden:l: of banks

W. B. SMITH, President.
Date of Charter: 4-4-1900

CHARLES V. SMITH, Cashier.
Began Business: 4-1900

ASSETS Cash, balances with other banks, in-
cluding reserve balanoes, 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 o! Federal Reserve Banko) ____________________ Loans and discounts (Including overdrafts) -----------------------------------Bank premises owned, furniture and fixtures ---------------------------------------------Real estate owned other than bank premise13 --------------------------------------------Investments and other assets Indirectly representing bank premises or other real estate ____________________________ Customers' liability to this bank on acceptances outstanding___________________
Other assets --------------------------------------
Total Assets ----------------------------------$

266,876.43 103,500.00
9,000.00 None None
912,985.23 35,682.98
7,478. 78
None None None 1,335,523.42

Demand deposits __L__I__A___B___I_L___I_T___I_E___S__________$
Time deposits ________________ --------------------Deposits of U. S. Government____________ Deposits of States and political Despuobsditisvisoifonbsan__k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-
Other deposits (certified and officers' checks, etc.)---------------------------
Bills payable----------------------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------------Other liabllities ----------------------------------Capital -------------------------------------------------SurpIus ---------------------------------------Undivided profits ------------------------------Reserves ------------------------------------------------

843,135.25 124,565.24
2,749.&3
49,907.81 None
662.96 None
None None 50,000.00 200,000.00 64,502.53 None

Total Liabilities -------------------------- $ 1,335,523.42

STATI:MENT

Showing condition ai :the close of business December 31, 1954. of

BANK OF UPSON Thomaston, Ga.

As Called for by :the Superintendent of banks

CHAS. M. PASLEY, JR., President.
Date of Charter: 6-23-1951

ROBERT P. CRAVEY, Cashier.
Began Business: 10-1-1951

ASSETS Cash, balances with other banks, In-
cluding reserve balan<les, 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 BankJ) -------------------Loans and discounts (Including overdrafts) ---------------------Bank premises owned, furniture and
fixtures --------------------------Real estate owned other than bank
premises -----------------------Investments and other assets Indi-
orercotltyherrerperaelseensttiantge__b_a_n__k___p_r_e_m__i_s_e_s_
Customers' liability to this bank on acceptances outstanding__________
Other assets -------------

403,733.71 988,335.01
45,270.22 None None
528,324.54 24,902.90 None
13,588.59 None
1,641.45

Total Assets ----------------------------$ 2,005,796.42

Demand deposits __L___I_A___B__I__L__I__T__I__E__S_________ $
Time deposits ------------------------------------ Deposits of U. S. Government ___________ Deposits of States and political Despuobsdiitvs isoifonbsa-n-k-s--__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-_-__-_-_-__-_-_-
Other deposits (certified and offiBicUesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing --------------------------------------Other liabilities -------------------------- ----Capita! -----------------------------------------------Surplus ---------------------------------------------Undivided profits ------------------------------Reserves --------------------------------------------

798,428.03 345,935.03 53,499.21
346,303.97 206,470.44
8,719.06 None
None 24,162.19 150,000.00 30,000.00 42,278.49
None

Total Liabilities -------------------$ 2,005,796.42

132

DEPARTMENT OF BANKING

STATEMENT

Showing condition at :the close of business December 31, 1954, of

CITIZENS & SOUTHERN BANK OF THOMASTON Thomaston, Ga.

As Called for by :the Superintendent of banks

C. B. JENKINS, JR., President.
Date of Charter: 1-18-1926

J.P. CULPEPPER, JR., Cashier.
Began Business: 2-28-1930

.ASSETS Cash, balances with otner oanks, in-
eluding reserve balanoes, 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 stock'S (including stock of
Federal Reserve Bankl) ----------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 ---

971,822.62 3,602,950.00
724,038.10 47,812.50
None 2,935,617.08
36,740.58 None
None None 27,197.77

Total .Assets ..................................$ 8,346,178.65

LIABILITIES
Demand deposits ------------------------$ Time deposits -------------------------------- Deposits of U. S. Government............ Deposits of States and political
subdivisions --------------------------------------Deposits of banks.................................. Other deposits (certified and off!Bicllesrs'pacyhaebclkes.,.__e_t_c__._l_-_-__-_-_-_-__-_-_-_-__-_-_-__-_-_
.Acceptances executed by or for account of this bank and out-
standing--------------------Other liabilities ------------------Capital----------------------Surplus --------------------------------Undivided profits -------------------------Reserves ---------------------------------------

4,303, 732.98 2,589,663.97
323,303.60
417,416.39 None
3,129.84 None
None 186,995.58 150,000.00 250,000.00 121,936.29
Non~

Total Liabilities ........................... $ 8,346,178.65

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF THOMAS COUNTY Thomasville, Ga.

As Called for by :the Superintendent of banks

W. F. SCOTT, President.
Date of Charter: 2-3-1937

JOE J. KEYTON, Cashier.
Began Business: 2-15-1937

ASSETS Cash, balances with other banks, in-
eluding reserve balan<les, 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 Bankl) --------------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 ---------------------

1,352,509.96 2,318,620.94
81,887.50 None None
2,020,015.38 107,273.30 None
None None 30,642.32

Total Assets __________________________________$ 5,910,949.40

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

3,310,368.33 1,005,468.55
145,565.02
818,417.56 203,754.50
82,680.85 None
None 41,782.25 100,000.00 175,000.00 20,841.59
7,070. 75

Total Liabilities -----------------$ 5,910,949.40

THIRTY-FIFTH ANNUAL REPORT

133

STATEMENT

Showing condition at the close of business December 31, 1954, of

COMMERCIAL BANK Thomasville, Ga.

As Called for by the Superintendent of banks

L. D. FERGUSON, President.
Date of Charter: 7-3-1916

A. F. KIMBROUGH, Cashier.
Began Business: 7-22-1916

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 stockiS (including stock of
Federal Reserve Bank) .................... Loans and discounts {including
overdrafts) ........................................ Bank premises owned, furniture and
fixtures .............................................. Real estate owned other than bank
promisPs -------------------------------------Investments and other assets indi-
rectly representing bank premises or other real estate_____________________
Customers' liability to this bank oP acceptances outstanding....................
Other assets ........................................

1,285,644.10 2,006,003.69
511,620.67 None None
3,339,368.87 50,150.00 1.00
None None 10,411.84

Total Assets ..................................$ 7,203,200.17

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-
stauding ----------------------------------Other liab~lities ----------------------------Capital--------------------------
SUunrdpilvuids ed----p-r--o-f--i-t-s---.-.-.-.-..-.-.-.-.-..-.-.-.-..-.-.-.-.-..-.-.-.-..-.-.-.-. Reserves ~--------------------------------------------

4,250,515.74 1,365,468.07
239,828.80
641,767.15 196,227.70
71,777.41 None
None None 200,000.00 100,000.00 63,878.35 73,736.95

Total Liabilities ---------------------------$ 7,203,200.17

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF THOMSON Thomson, Ga.

As Called fo-r 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 with other banks, in-
cluding reserve balau<ltS, 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 stockiS (including stock of Federal Reserve Bankl) -------------------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____________________________
Cuasctcoempetarsn'celsiaboiulittsytantodinthgi_s____b__a_u__k____o__n_
Other assets -------------------------------
Total Assets _______________________________$

695,1Q,3.33 1,223,439.29
91,154.31 52,000.00
720.00 682,761.49
35,500.00 None
None None 2,503. 70 2,783,182.12

LIABILITIES Demand deposits --------------------------------$ Time deposits -----------------------------Deposits of U. S. Government ___________ Deposits of States and political Despuobsdiitvs isoifonbsan--k--s--__-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_
Other deposits {certified and offiBicllesrs'pacyhaebclkes_,___e_t_c__.)_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptauces executed by or for account of this bank and out-
standing -----------------------------------------Other liabilities -------------------------------Capital ------------------------------------------Surplus ---------------------------------------Undivided profits -------------------------------Reserves ----------------------------------------

1,855, 722.30 232,160.36 70,710.53
353,417.79 None
44,895.45 None
None 6,000.00 50,000.00 50,000.00 75,000.00 45,275.69

Total Liabilities ------------------------$ 2,783,182.12

134

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE BANK OF TIFTON Tifton, Ga.

As Called for by the Superintendent of banks

L. E. BOWEN, President.
Date of Charter: 10-10-1891

L. W. GAULDING, Cashier.
Began Business: 1896

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 stock~! (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 ........................................

1,191,936.65 2,361,220.41
111,401.14 None Nond
2,161,616.24 20.423.13 None
None None 21,383.32

Total Assets ..................................$ 1,080,041.49

LIABILITIES Demand deposits ..................................$
Time depoits .......... ------------------- __ 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 .................................... Capital ....................................................
Surplus ..................-------------------------Undivided profits ................................
Reserves --------------------------------------------

3,444,489.85 1,923,101.80
132,591.46
311,064.16 561,991.12
21,281.8S None
None None 200,000.00 200,000.00 221,014.02 52,500.0IY

Total Liabilities -------------$ 1,080,041.49

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE 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. SANDERS, Cashier.
Began Business: 4-15-1948

ASSETS Cash, balances with other banks, in-
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 stockJS (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 --------------------------

111,923.16 468,813.92
9,489.13 None None'
639,236.46 61,000.0(1
Nom!
None None Nons

Total Assets ..................................$ 1,362,52-2.61

LIABILITIES Demand deposits ..................................$ Time deposits ..........................._ ......... Deposits of U. S. Government............ Deposits of States a;nd political
subdivisions ..................................____ Deposits of banks.................................. Other deposits (certified and offi-
cers' checks, etc.)-------------------------Bllls payable.......................................... Acceptances executed by or for
account of this bank and out-
standing ....... -----------------------Other liabllltles -------------------Capital -----------------------Surplus ---------------------------------- Undivided profits ................---------
Reserves ------------------------------------

633,285.15 413,381.60 10,125.0(1
91,325.15 None
11,301.12 Nons
None None 100,000.01Y 50,000.00' 15,604.05 31,500.00

Total Llablllties -------------------- $ 1,362,522.61

THIRTY-FIFTH ANNUAL REPORT

135

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE FARMERS BANK OF TIFTON Tifton, Ga.

As Called for by the Superintendent of banks

J. C. McNEESE, President.
Date of Charter: 12-21-1936

HILTON S. HUTCHINSON, Cashier.
Began Business: 2-24-1937

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash items In process of collection........$ UJ,ited States Government obligations, direct and guaranteed____ Obligations of States and political
subdivisions ---------------------Other bonds, notes, and debentures Corporate stocks (including stock of
Federal Reserve Banlr) .... ............... 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 accertat ces outstanding_______
Other assets ---------------------------

77 4,298.07 749,284.07
8,500.00 None: None
1,252,129.57 15,543.04' None
None None None

Total Assets ..................................$ 2,799,754.75

LIABILITIES Demand deposits --------------- $ Time deposits ----------------------------Deposits of U. S. Government............ Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__
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 ................................................

1,383,712.39 823,036.94 152,108.15
131,235.10 8,239.55
21,724.43 None
Nonei None 100,000.00 100,000.0() 64,698.19 15,000.00

Total Liabilities ........................... $ 2,799,754. 75

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE BANK OF TIGNALL Tignall, Ga.

As Called for by the Superintendent of banks

L. L. BLACKMON, President.
Date of Charter: 7-5-1909

L. D. WARE, Cashier.
Began Business: 8-1909

ASSETS

Cash, balances with other banks, In-

cluding reserve balanc-es, and cash

Items in process of collection........$ 97,077.73

United States Government obliga-

tions, direct and guaranteed.......... 389,026.65

Obliga~i<:n~ of States and political

subdlVlSlOllS ---------------------
Other bonds, notes, and debentures

None None

Corporate stocks (including stock of

Federal Reserve BankJ) ....................

None

Loans and discounts (including

overdrafts) ----------------------------------

38,320.35

Bank premises owned, furniture and

fixtures ------------------------------------

1.00

Real estate owned other than bank

premise3 -------------------------------------

None

Investments and other assets Indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

acceptance-s outstanding____________

None'

Other assets Total Ass

-ets

-_-__-__-_-__-_-__-__-_-__-__-_-__-_-_ -$

None
----
524,425.73

LIABILITIES Demand deposits ..................................$ Time deposits ........................................ Deposits of U. S. Government............ Deposits of States and political
subdivisions ---------------------------Deposits of banks.................................. Otcheerrs' dcehpeocskist,s et(cc.e)r_t_i_f_i_e_d____a_n_d____o__ff_iBills payable____________________________________
Acceptances executed by or for account of this bank and out-
standing --------------------------------------Other liabilities -------------------------Capital-------------------Surplus ----------------------------------------------Undivided profits -------------------------------
Reserves --------------------------------------

433,624.12 None
650.00
46,901.61 None
None None
None 1,250.00 25,000.00 10,000.00 7,000.00
None

Total Liabilities ----------------------- $ 524,425.73

136

DEPARTMENT OF BANKING

STATEMENT

Showing condition at: the close of business December 31. 1954, of

THE BANK OF TOCCOA Toccoa, Ga.

As Called for by the Superintendent: of banks

J. H. LATHAM, President.
Date of Charter: 8-10-1911

H. J. BUSHA, JR., Cashier.
Began Business: 9-1-1911

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash Items In process of collection........$ Uuited States Government obligations, direct and guaranteed.------Obllgations of States and political subdlvisions -------------------------------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-
orercotltyherrerperaelseensttiantge__b_a_n_k___p_r_e_m__is_es
Customers' liability to this bank on acceptances outstanding________
Other assets ----------------

958,101.23 1,016,000.00
116,044.64 None None
1,078,622.20 102,108.23 710.78
None None 10,078.03

Total Assets ----------------------$ 3,281,665.11

LIABILITIES Demand deposito ----------------------- $ TDiempeosidtespoosfitUs .--S--.--G--o--v-e--r-n-m---e-n--t-__-_-__-_-_-__-_-__ Deposits of States and political
Despuobsdiitvs isoifonbsa-nk-s-__-__-__-_-__-__-__-__-__-__-__-_-_
Otcheerrs' dcehpeocskist,s et(cc.e)r_t_i_f_i_e_d___a__n_d___o__f_f_iBills payable_____________________________
Acceptances executed by or for account of this bank and out standing ----------------------------------------
Other liablllties ----------------------- Capital --------------------------------Surplus ----------------------------------- Undivided profits -------------------------Reserves -----------------------------------

2,013,079.88 964,450.88 31,339.74'
19,650.31 None
8,302.28 None
None
2,833.95 10(),(100.00 130,000.00 12,008.0-7
None

Total Liabilities -------------------------$ 3,281,665.11

STATEMENT

Showing condition a:t :the close of business December 31, 1954, of

THE CITIZENS BANK OF TOCCOA Toccoa. Ga.

As Called for by the Superintendent of banks

WALLACE B. BRUCE, President.
Date of Charter: 5-25-1950

WALLACE B. BRUCE, Cashier.
Began Business: 3-16-1951

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 premises owned, furniture and
fixtures Real estate owned other than bank
Inpvreesmtmiseensts- -an-d-o-t-he-r -a-ss-et-s -i-ndirectly representing bank premises or other real estate_____________
Customers' liability to this bank on acceptances outstanding__________
Other assets ---------------------------------

677,493.5'1' 849,671.87
76,560.95 10,000.00
None 740,844.39
18,153.92 None
None None None

Total Assets ----------------------------$ 2,372, 724.70

LIABILITIES Demand deposits --------------- ...$ TDhenpeosditespoosfitUs .--S-.--G--o-v-e-r-n-m--e-n-t_-__-_-__-__-_-__-_ Deposits of States and political
Despuobsdiitvs isoifonbsa-n-k-s-__-_-_-_-__-_-_-__-_-_-_-__-_-_____
Otcheerrs' dcehpeocskist,s et(cc.e)r_ti_fie_d__an_d__of_fi_Bills payable________________________
Acceptances executed by or for account of this bank and out-
standing ------------------------------Other liabilities ---------- --------Capital ---------------Surplus ----------------------------- Undivided profits ---------------------------Reserves -------------------------------

1,466,348.45 462,022.84 62,441.42
222,773.15 None
6,918.15 None
None None 100,000.00 20,060.00 32,220.69 None

Total Liabilities -------------$ 2,372,724. 70

THIRTY-FIFTH ANNUAL REPORT

137

STATEMENT

Showing condition at the close of business December 31, 1954, of

WILKINSON COUNTY BANK Toomsboro, Ga.

As Called for by the Superintendent of banks

H. E. STEPHENS, President.
Date of Charter: 7-16-1907

H. E. STEPHENS, Cashier.
Began Business: 7-16-1907

ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash

items in process of collection........ $ 162,639.65

United States Government obliga-

tions, direct and guaranteed - 362,400.00

Obligations of States and political

subdivisions -----------------------------------

None

Other bonds, notes, and debentures

None

Corporate stocks (Including stock of

Federal Reserve Bankl) ...................

None

Loans and discounts (Including

overdrafts) ---- 275,053.64

Bank premise-s owned, furniture and

flxtu res ------------------------------

1,001.00

Real estate owned other than bank

premises --------------

None

Investments and other assets Indi-

orercotltyherreprereasl eensttiantge___b__a__n__k_____p__r_e__m___i__s_e__s

None

Customers' liability to this bank on acceptances outstanding__________________

None

Other

assets

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

-

-

None
--

Total Assets ..................................$ 801,094.29

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

480,011.00 164,206.84
None
50,792.07 None
3,986.45 None
None None 25,000.00 50,000.00 27,097.93 None

Total Liabilities -------------. $ 801,094.29

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF TUCKER Tucker, Ga.

As Called for by the Superintendent of banks

REID H. COFER, President.
Date of Charter: 10-29-1919

REID H. COFER, Cashier.
Began Business: 12-1919

ASSETS Cash, balances with other banks, In-
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 stock's (including stock of Federal Reserve Bankl) ----------------Loans and discounts (Including overdrafts) ---------------------------------Bank premises owned, furniture and fixtures ---------------------------------------Real e-state owned other than bank premise-s ------------------------------Investments and other assets indiorercotltyherreprereasl eensttiantge__b___a_n___k____p__r__e_m___i__s_e__s_
Cuasctcoempetarsn'celisaboiulittsytantodinthgi_s____b__a__n__k____o__n_
Other assets -----------------

481,381.87 430,000.00
None None None 575,049.03 4,840.88 None
None None
7,469.8~

Total Assets --------------------------$ 1,498,741.61

LIABILITIES Demand deposits -------------------------$ Time deposits ----------------------------Deposits of U. S. Government____________ Deposl~s. _of States and political
DeSpUobsdiltVs lSolOf llbSan--k--s--_-_-_-_--_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_--_-_-_-_-_-_-_--_
Other deposits (certified and officers' checks, etc.)--------------------------
Bills payable.------------------ Acceptances executed by or for
account of this bank and out-
standing ---------------------------- Other liabilities ----------Capital -----------------Surplus --------------------------Undivided profits --------------------------Reserves -------------------------------------

979,489.98 300,006.07
None
41,500.00 None
9,747.51 None
None 3,130.79 25,000.00 100,000.00' 3,000.00 36,867.26

Total Liabilities -----------------$ 1,498,741.61

138

DEPARTMENT OF BANKING

STATEMENT

Showing condition a:t :the close of business December 31, 1954, of

DURDEN BANKING COMPANY, INC. Twin Ci:ty, Ga.

As Called for by :the Superintendent of banks

B. LEWIS BRINSON, President.
Date of Charter: 6-26-1935

R. W. DURDEN, Cashier.
Began Business: 7-5-1935

ASSETS Cash, balances with other banks, in-
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 stock'S (including stock of Federal Reserve Ban!IJ) ------------------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 -----------------------..-----------

27.5,845.69 340,000.00
None 25,000.00
None 411,052.18
17,350.19 None
None None None

Total Assets ---------------------------------.$ 1,069,248.06

LIABILITIES Demand deposits ------------------------$ TDiempeosditespoosfitUs . --S--.---G--o-.v..e.r-n-m--e-n--t-__-_-_-_-__-_-_-_
Deposits of States and political Despuobsidtsivoifsiboannsk-s-__-_-__-_-__-__-_-__-_-__-_-__-_-__-__-_-__-_-_
Other deposits (certified and officers' checks, etc.)._____________
Bills payable_____________________________
Acceptances executed by or for account of this bank and out-
standln g ---------------------------------------Other liabilities -------------------------------- Capital --------------------------------------Surplus -----------------------------------------Undivided profits ------------------------------ Reserves -----------------------------------------

612,247.11 179,340.30 43,737.16
147,650.53 None
3,125.23 None
None 18,647.73 25,000.00 25,000.00 14,500.00
None

Total Liabilities --------------------------- $ 1,069,248. 06

STATEMENT

Showing condition a:t :the close of business December 31, 1954. 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 balanoes, and cash

items in process of collection........$ 323,303.02

United States Government obliga-

tions, direct and guaranteed.________

75,000.00

Obligations of States and political

subdivisions ------------------------------------Other bonds, notes, and debentures

None None

Corporate stock'S (Including stock of

Federal Reserve Bankl) -------------------

None

Loans and discounts (Including

overdrafts) ----------------------------------- 541,62.1.67

Bank premises owned, furniture and

fixtures _____ -----------------------------------

2,050.00

Real estate owned other than bank

premises _________________________ ------------------

None

Investments and other assets Indi-

rectly representing bank premises or other real estate____________________________

None

Customers' liability to this bank on acceptances outstanding____________

None

Other

assets

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

-

-

None
--

Total Assets __________________________________ $ 941,97 4.69

LIABILITIES
Demand deposits ----------------$
TDiempoesidtespoosfitUs .-S--. --G--o-v-e--rn--m--en--t_-_-__-_-_-__-_-__ Deposits of States and political Despuobsditisvisoifonbsa-n-k--s-_-_-_-_-__-__-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-_-__-_
Other deposits (certified and offiBlcllesrs'pacyhaebclkes_,___e__t_c__._)_-_-__-_-_-_-__-_-_-__-_-_-__-_-_-__-_-_-__-_-_-_
Acceptances executed by or for account of this bank and outstandinr: -------------------------------------------
Other liabilities ------------------------------Capita! ------------------------------------------- Surplus --------------------------------- Undivided profits ----------------------------- Reserves --------------------------------------------..

645,366.43 90,542.58 9,801.50
67,600.44 None
1,974.58 None
None None 25,000.00 25,000.00 50,000.00. 26,689.16'

Total Liabilities ----------------------------$ 941,974.69

THIRTY-FIFTH ANNUAL REPORT

139

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF UNION POINT Union Point, Ga.

As Called for by the Superintendent of banks

RALPH L. RHODES, President.
Date of Charter: 5-15-1911

ALEX ROGERS, Cashier.
Began Business: 5-1911

ASSETS Cash, balances with other banks, In-
cluding reserve balanoos, 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 Banko)------------------Loans and discounts (including over drafts) ---------------------------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 accept:wces outstanding_________________
Other assets ----------------------
Total Assets ----------------------------------$

349,542.19 140,000.00 155,018.65
None None 390,485.1I 3,915.61>
3.00
None None None 1,038,964.60

LIABILITIES Demand deposits ------------------------ $ TDiempeosidtespoofltUs .--S-.---G--o-v-e-r-n--m--e-n-t-_-_--__-_-__-_-__-_-_ Deposits of States and political Despuobsditisvisoifonbsa-n-k-s-._-_-__-_-__-__-_-__-___-_-__-_-__-_-__-__-_-_
Other deposits (certified and offiBicllesrs'pacyhaebckles_,___e_t_c_._)_-_-__-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-
Acceptances executed by or for account of this bank and out-
standing -----------------------Other liabilities --------------------------Capital -------------------------------------Surplus --------------------------------------------Undivided profits -----------------------------Reserves -------------------------------------

570,014.87 279,158.00
1,053.12
66,060.25 23.45
1,394.12 None
None None 50,000.00 50,000.00 21,260.79 None

Total Liabilities --------------------------- $ 1,038,964.60

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE FARMERS BANK Union Point, Ga.

As Called for by the Superintendent of banks

JOHN B. STEWART, President.
Date of Charter: 9-6-1911

REUBEN FLYNT, Cashier.
Began Business: 9-6-1911

ASSETS

Cash, balances with other banl<S, In-

eluding reserve balances, and cash

Items In process of collection........$ 332,317.83

United States Government obliga-

tions, direct and guaranteed .._______ 621,310.94

Obligations of States and political

subdivisions .............................._______

30,84.5.00

Other bonds, notes, and debentures

None

Corporate stock'S (Including stock of

Federal Reserve Bank!)... .. ....

None

Loans and discounts (Including

overdrafts) ------------------Bank premises owned, furniture and

723,904.74

fixtures ------------------------------------------Real estate owned other than bank

3,219.14

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

None

Investments and other assets indi-

rectly representing bank premises or other real estate_________________________

None

Customers' liability to this bank on acceptances outstanding________________

None

Other

assets

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

3,439.79
---

Total Assets ---------------------------------$ 1,715,037.44

LIABILITIES Demand deposits --------------------------------$ Time deposits ....----------------------------------Deposits of U. S. Government............ Deposits of States and political
subdivisions ........................................ Deposits of banks.................................. Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing ----------------------------------------Other liabilities -------------------------------Capital ------------------------------------------Surplus --------------------------------------------Undivided profits ................................ Reserves -----------------------------------------------

514,848.10 928,151.44
47,375.92
49,262.91 None
4,114.01 None
None None 50,000.00 50,000.00 43,798.74 27,486.32

Total Liabilities ........................... $ 1,715,037.44

140

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

FIRST STATE BANK Valdosta, Ga.

As Called for by the Superintendent of banks

REA STEELE, President.
Date of Charter: 1-22-1906

WM. W. CONOLY, Cashier.
Began Business: 3-1906

ASSETS Cash, balances with other banks, In-
eluding reserve balan<les, 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 Banl.o) ------------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 premise' or other real estate_______________
Customers' liability to this bank on acceptances outstanding____________________
Other assets ---------------------------
Total Assets ______________________________ $

476,733.47 324,134.18 96,068.70
None None 792,726.33 15,211.46 37,001.00
None None 281.36 1,742,156.50

LIABILITIES
Demand deposits ------------------------$
TDiempeosidtespoosfitUs .-S-.-G--ov-e-r-nm--en-t-__-___-__-___-__ Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s-_-_--_-_-_-_--_-_-_-_--_-_-_-_--_-_-_--_-_-_-_.
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c_._)__-_-_-_-__-_-_-__-_-_-_-__-_-_-__-_-_-_-__-_-_-
Acceptances executed by or for account of this bank and outstanding --------------------------------------------
Other liabilities ----------------------------Cap!tal ________ ---------------------------------------Surplus -----------------------------------------------Undivided profits -----------------------------Reserves ----------------------------------------------

737,111.54 513,562.94 23,233.68
110,200.00 129,720.24
15,208.67 None
None None 100,000.00 90,000.00 23,119.43 None

Total Liabilities ------------------ _-------$ 1,742,156.50

STATEMENT

Showing condition at the close of business December 31, 1954. of

DARBY BANKING COMPANY Vidalia, Ga.

As Called for by the Superintendent of banks

J. F. DARBY, JR., President.
Date of Charter: 6-22-1934

D. L. GRIFFIN, Cashier.
Began Business: 7-1-1934

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, aud debentures Corporate stocks (including stock of
Federal Reserve Banl.o) --------------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 acceptauces outstanding__________________
Other assets -----------------------

614,305.79 672,1()0.00
69,000.00 None None
471,031.46 8,216.08 None
None None
1.00

Total Assets ----------------------------------$ 1,834,654.33

LIABILITIES
Demand deposits ----------------------$
TDiempoesidtespoosfitUs .--S-.---G--o-v-e--r-n-m--e-n--t-__-__-_-__-_-__-_-_
Deposits of States and political Despuobsditisvisoifonbsa-n-k-s--_-__-_-_-_-_-_-_-__-_-_-_-_-_-_-_-__-_-_-_-_-_-
Other deposits (certified and offiBicllesrs'pacyhaebckles_,___e_t_c__._)__-_-_-__-_-_-_-__-_-_-__-_-_-__-_-_-__-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Other liabilities ----------------------------------Capital --------------------------------------------Surplus -------------------------------------Undivided profits -------------------------------Reserves -----------------------------------------

1,176,679.17 262,007.24 29,742.15
120,398.77 94,835.89
5,303.57 None
None 13,986.45 50,000.00 30,000.00 51,701.09
None

Total Liabilities ----------------------------$ 1,834,654.33

THIRTY-FIFTH ANNUAL REPORT

141

STATEMENT

Showing condition at the close of business December 31, 1954, of

VIDALIA BANKING COMPANY Vidalia, Ga.

As Called for by the Superintendent of banks

G. H. GIBSON, President.
Date of Charter: 10-22-1938

W. E. SMITH, Cashier.
Began Business: 10-28-1938

ASSETS Cash, balances with other banks, in-
cluding reserve balanc-es, 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 banl<
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 __________________________________ $

820,111.95 983,608.59
None None None 638,202.85 8,197. 71 2,500.00
None None None 2,452,621.10

LIABILITIES
Demand deposits -----------------------------$
Time deposits -------------------------------------Deposits of U. S. Government _________ Deposits of States and political Despuobsditisvisoifonbsan--l-r--s-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and offiBicllesrs'pac~ hnebclkes_,___e__t_c_._)_-__-_-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_-__-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Othcc 11-lbllltles --------------------------------Capital --------------------------------------------------Surplus ---------- ------------------------------------Undivided profits ---------------------------Reserves ------------------------------------------

1,803,264. 75 243,293.16 46,424.45
138,674.27 29,581.04
23,432.93 None
None None 50,000.00 40,000.00 None 77,950.50

Total Liab!l!tles ----------------------------$ 2,452,621.10

STATEMENT

Showing condition at the close of business December 31, 1954, of

CITIZENS BANK Vienna, Ga.

As Called for by the Superin:l:enden:l: of banks

E. E. LEWIS, President.
Date of Charter: 6-24-1931

W. G. WILLIAMSON, Cashier.
Began Business: 7-1-1931

ASSETS Cash, balances with other banks, in-
cluding reserve balanees, 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 stocl"s (including stock of
Federal Reserve Bani<) ___

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' llabll!ty to this bank on

acceptances outstanding~----------------- Other assets ----------------------------------------

Total Assets __________________________________$

680,661.31 187,300.00
None None None 642,822.94 4,847.46 None
None None None 1,515,631. 71

LIABILITIES
Demand deposits --------------------------------$
Time deposits --------------------------------------Deposits of U. S. Government----------Deposits of States and political Despuobsditlsvisoifonbsan--k---s-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and off!Dicllesrs'pacyhaebclkes_,___e_t_c__.)__-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-__-_-_-_-_-
Acceptances executed by or for account of this bank and outstanding ----------------------------------------------
Other !labilities ----------------------------------Capital --------------------------------------------------Surplus ------------------------------------------------Undivided profits -------------------------------Reserves -----------------------------------------------

915,404.79 169,632.64 84,540.68
158,460.58 260.72
4,895.26 None
None None 50,000.00 25,000.00 107,437.04 None

Total Llabllltles ----------------------------$ 1,515,631. 71

142

DEPARTMENT m~ BANKING

STATEMENT

Showing condition at the close of business December 31. 1954. of

BANK OF VILLA RICA Villa Rica. Ga.

As Called for by ihe Superintendent of banks

H. G. CLIATT, President.
Date of Charter: 5-4-1899

R. R. RICHARDSON, Cashier.
Began Business: 5-1899

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 stock'S (Including stock of Federal Reserve Bani<) .................... Loans and discounts (Including
overdrafts) --------------------------------Bafnixktuprreesmi_s__e_s____o__w__n__e__d__,___f_u__r__n__i_t_u__r__e__.a..n...d.
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 ------------------------------------

406,098.98 1,082,800.00
62,425.00 None None
604,286.84 2.00
None
None None None

Total Assets -------------------------------$ 2,155,612.82

LIABILITIES

Demand deposits

$

Time deposits --------------------------------------Deposits of U. S. Government ____________

Deposits of States and political

Despuobsdiitvs isoifonbsa-n--k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_----

Other deposits (certified and off!-

Bicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_

Acceptances executed by or for account of this bank and out-

standing ------------------------------------------Other liabilities ----------------------------------

Capital ------------------------------------------------Surplus -----------------------------------------------Undivided profits ------------------------------Reserves ----------------------------------------------

1,537, 759.13 80,166.01 37,258.65
154,802.68 9,468.70
298.90 100,000.00
None 23,047.00 50,000.00 50,000.00 37,811.75 75,000.00

Total Liabilities --------------------------- $ 2,155,612.82

STATEMENT

Showing condition at the close of business December 31. 1954. of

BANK OF WADLEY Wadley. Ga.

As Called for by ihe Superintendent of banks

WM. C. CLARY, JR., President,
Date of Charter: 1-29-1902

P. G. EDENFIELD, JR., Vice-President and Cashier.
Began Business: 1-1902

ASSETS Cash, bale.nces 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 stock'S (Including stock of Federal Reserve Bani<) ____________________
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 --------------------------

220,354.28 292,000.00
34,980.74 None None
777,355.76 6,716.88 None
None None 2,427.75

Total Assets --------------------------------$ 1,333,835.41'

LIABILITIES Demand deposits -------------------------------$ Time deposits --------------------------------------Deposits of U. S. Government..__________ Deposits of States and political Despuobsditisvisoifonbsan---k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_
Other deposits (certified and off!-
Bicllesrs'pacyhaebclkes_,___e_t__c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding -----------------------------------------
Other liabilities --------------------------------- Capital -------------------------------------------------Surplus ----------------------------------------------Undivided profits -------------------------------Reserves ----------------------------------------------

688,382.96 342,877.34 58,097.83
151,205.77 None
6,334.55 None
None 12,034.68 25,000.00 25,000.00 24,902.28
None

Total Liabilities -------------------------- $ 1,333,835.41

THIRTY-FIFTH ANNUAL REPORT

143

STATEMENT

Showing condition at :the close of business December 31, 1954, 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. 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 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 ---------------------------------------

104,214.69 515,000.00
None None None 804,225.25 30,654.45 None
None None 1,173.67

Total Assets ----------------------------------$ 2,115,928.06

LIABILITIES
Demand deposits ---------------------------$
DTiempeosidtespoosfitUs . --S-.---G--o--v-e-r-n--m--e-n--t-_-__-_-__-_-__-_-_-_ Deposits of States and political
subdivisions ---------------------------Deposits of banks --------------------------------Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c_._)_-__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-__-_-_-_-_
Acceptances executed by or for account of this bank and outstanding -------------------------------------------
Other llabllltles ------------------Capita! ___ --------------------------------------------Surplus ----------------------------------------------Undivided profits -------------------------------Reserves ---------------------------------------

1,125,074.06' 294,966.98 15,390.11
459,099.56 None
6,885.35 None
None 52,659.47 50,00(1.00 50,488.1g 61,363.14'
None

Total Liabilities ____________________________ $ 2,115,928.06

STATEMENT

Showing condition at :the close of business December 31, 1954. of

CITIZENS BANK Warrenton, Ga.

As Called for by :the Superintendent of banks

DENHAM CASON, President.
Date of Charter: 4-14-1902

G. C. GARRETT, Cashier.
Began Business: 4-1902

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

Items In process of collection________ $ 639,361.16'

United States Government obliga-

tions, direct and guaranteed_________ 1,208,300.0tl

Obligations of States and political

subdlvisions ----------------------------------Other bonds, notes, and debentures

122,041.10 3,9(10.00

Corporate stocks (Including stock of Federal Reserve Bank!) ___________________

None'

Loans and discounts (Including

overdrafts) -------------------------------Bank premises owned, furniture and

6&1,306.10

fixtures ------------------------------------Real estate owned other than bank

20,142.10'

premises -----------------------------------

None'

Investments and other assets Indi-

roerc toltyh erre pr er easl eensttiantge __b__a__n__k_____p__r_e__m___i__s_e__s_

None

Customers' liability to this bank on acceptances outstanding_________________

NonE!

Other assets -----------------------

None

Total Assets -------------------------------$ 2,655,651.66

LIABILITIES Demand deposits --------$ Time deposits----------------Deposits of U. S. Government_______ Deposits of States and political
Despuobsdiitvs isoifonbsa-nk-s-__-__-___-__-__-___-__-___-__-__-___-__-__-__
Other deposits (certified and officers' checks, etc.) _______________
Bills payable______________________
Acceptances executed by or for account of this bank and out-
standing -------------------------------------Other !labilities ---------------------------Capital __ --------------------------------------------Surplus -----------------------------------------Undivided profits ----------------------------Reserves ------------------------------------

1,341,260.35 106,195.(lf 65,194.4T
215,559.42 None
4,144.39 None
None None 100,000.0(1 15,000.0(1 &9,950.24' 16,541.18'

Total Liabilities ----------------------------$ 2,655,651.6&

144

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

FARMERS AND MERCHANTS BANK Washington, Ga.

As Called for by the Superintendent of banks

H. G. GARRARD, SR., President.
Date of Charter: 8-10-1949

ROBERT M. DRINKARD, Cashier.
Began Business: 3-14-1950

ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash items In process of collection___$ 195,533.86

United States Government obligations, direct and guaranteed _______ 446,245.92

Obligations of States and political subdivisions --------------------------------------
Other bonds, notes, and debentures

None 75,170.27

Corporate stock'S (including stock of Federal Reserve Bani<) ___________________

None

Loans and discounts (Including

overdrafts) --------------------------------Bank premises owned, furniture and

262,466.09

fixtures ---------------------------------------Real estate owned other than bank

5,155.63

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

None

rectly representing bank premises or other real estate____________________________ Customers' liability to this bank on acceptances outstanding___________________

None None

Other assets --------------------------------------- - -2,5-00.-00

Total Assets ---------------------------------$ 987,071.77

LIABILITIES
Demand deposits -------------------------$
TDiempeosditespoosfitUs .--S--.---G--o--v-e--r-n--m--e-n--t-_--_-_-_-_-_-__-_-_-_-_ Deposits of States and political
Despuobsditisvisoifonbsa-n-k--s--__-_-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-_
Other deposits (certified and offiBicllesrs'pacyhge.cbkles_,___e_t_c__._)_-_-__-_-_-_-_-__-_-_-_-_-__-_-_-_-__-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing -------------------------------------- Other liabilities ---------------------------Capital -----------------------------------------------Surplus -------------------------------------------------Undivided profits -------------------------------Reserves -----------------------------------------------

348,005.82 242,533.31
20,540.00
271,906.66 10,065.52
1,550.00 None
None 504.13 65,000.00 13,000.00 7,466.33 6,500.00

Total Liabilities ----------------------------$ 987,071.77

STATEMENT

Showing condition at the close of business December 31, 1954. of

THE WASHINGTON LOAN & BANKING CO. Washington, Ga.

As Called for by the Superintendent of banks

F. W. THOMAS, 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........$ Unitud States Government obllgationJ, direct and guaranteed ___ Obligations of States and political subdivisions ----------------------------------Other bonds, notes, and debentures Corporate stocks (Including stock of Federal Reserve Banlr) -----------------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 ---------------------------------

930,773.15' 1,35-5,416.13
378,998.70 None
6,000.00 1,033,914. 61
30,000.00 None
None None None

Total Assets --------------------------------$ 3,735,102.65

LIABILITIES
Demand deposits -------------------$
DT1empeosidtespoosfitUs . --S--.---G---o-v--e--r-n-m---e--n-t-_--_--_-_-__-_-_-_-_-_-_ Deposits of States and political
Despuobsditisvisoifonbsa-n-k-s--__-_-__-_-__-_-_-__-_-__-_-__-_-__-_-__-_-_-__-_-__-_-_
Other deposits (certified and officers' checks, etc.)-----------------------
Bills payable---------------------------------------Acceptances executed by or for
account of this bank and out-
standing ---------------------------------Other Jlabllities --------------------------------Capital --------------------------------------------------Surplus --------------------------------------------------Undivided profits -------------------------------Reserves -----------------------------------------------

2,200,513.11 708,379.68' 115,873.20'
291,812.72 79,144.12
3,598.92 None
None None 100,000.00 100,000.00 135,780.90 None

Total Liabilities ---------------------------$ 3,735,102.65

THIRTY-FIFTH ANNUAL REPORT

145

STATEMENT

Showing condition at the close of business December 31, 1954. of

COMMERCIAL BANK Waycross. Ga.

As Called for by the Superintendent of banks

L. B. HARRELL, President.
Date of Charter: 10-15-1918

N. P, MILLER, Cashier.
Began Business: 10-30-1918

ASSETS Cash, balances with other banks, In-
cluding reserve balances, and cash ltruns In process of collection________ $
UnltP<l States Government obllgat!ons, direct and guaranteed_________
Obligations of States and political
subdivisions -----------------------------------Other bonds, notes, and debentures Corporate stocks (Including stock of
Federal Reserve Bani<)-------------------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 ----------------------------------------

2,11}9,920.7-f 3,474,900.00
179,757.50 10,000.00 None
954,035.22 25,00 1.00' None
None None None

TotaI Assets ----------------------------------$ 6,753,614.46

LIABILITIES Demand deposits --------------------------------$ Ttme deposits -------------------------------Deposits of U. S. Government____________ Deposits of States and polltical
Despuobsdiitvs isoifonbsa-n-k-s--__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-__-_-_
Other deposits (certified and officers' checks, etc.) ______________
Bills payable.___________________________________
Acceptances executed by or for account of this bank and out-
standi-ng --------------------------------------------Other liabilities ----------------------------------- Capital --------------------------------------------------Surplus --------------------------------------------------Undivided profits ------------------------------Reserves ----------------------------------------------

4,485,351.55 821,207.71 15&,382.78
684,709.62 78,176.21
18,988.19 None
None 35,796.36 50,000.00 150,000.&0 40,000.00 238,402.04

Total Liabilities --------------------------$ 6,753,614.46

STATEMENT

Showing condition at the close of business December 31, 1954, of

BANK OF WAYNESBORO Waynesboro. Ga.

As Called for by the Superintendent of banks

M. K. TUCKER, President.
Date of Charter: 12-16-1890

J. W. NICHOLS, Cashier.
Began Business: 1891

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 subd!vlslons --------------------------------------
Other bonds, notes, and debentures Corporate stocks (Including stock of
Federal Reserve Bani<)___________________
Loans and discounts (Including
overdrafts) -------------------------------------Bank premises owned, furniture and
fixtures ---------------------------------------------Reparlemesistaetse___o__w___n__e_d_____o__t_h___e_r____t__h__a__n____b___a__n__k:
Investments and other assets Indirectly representing bank premises or other real estate____________________________
Customers' liability to this bank on acceptances outstanding ------------------
Other assets ----------------------------------------

1,072,460.4{ 535,506.71 117,500.0IY None 1,000.00
2,056,254.25 27,9 79. 05 1.50
None None 3,154.40

Total Assets --------------------------------- $ 3,813;856.35

LIABILITIES Demand deposits --------------------------------$ TlmP deposits ____ .----- ----- ----------------Deposits of U. S. Government____________ Deposits of States and polltical Despuobsditlsvisoifonbsa-n--k--s-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_--__
Other deposits (certified and officers' checks, etc.) _____________________
Bills payable______________________________________
Acceptances executed by or for account of this bank and out-
standing --------------------------------------------Other llablllties ---------------------------------Capital ------------------------------------------------Surplus ~--~------------------------------------------ Undivided profits ------------------------------Reserves ___ ------------------------------------------

1,916,909.54 1,277,71>7.37
97,819.04
215,990.61 49,330.29
20,456.04 None
None None 100,0(W.00 100,000.00 27,593.46 8,000.00

Total Mabllitles ----------------------$ 3,813,856.35

146

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE PEOPLES BANK Willacoochee, Ga."

As Called for by the Superintendent of banks

W. L. STEVENS, President.
Date of Charter: 1-4-1952

S. T. BRAGDON, Cashier.
Began Business: 1-15-1952

ASSETS Cash, balances with other banks, in-
eluding reserve balances, and cash items In process of collection________$ United States Government obligations, direct and guaranteed________ _ Obligations of States and political ubdlvisions ------------------------------------- Other bonds, notes, and debentures Corporate stockos (Including stock of Federal Reserve Banlr) ----------------- _ 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 ----------------------------------------
Total Assets ----------------------------------$

178,351.83 58,000.0()
None None None 99,687.3:1 3,950.0() None
None None None 339,989.15

Demand

deposits

LIABILITIES ___________ : ______________________

$

TDiempeosidtespoosfitUs . --S---.---G---o--v--e--r-n--m---e--n--t-_-_-_-_-_-_-_-_-_-_-_-_ Deposits of States and political

Despuobsditisvisoifonbsa-n--k--s--__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_

Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c__.)__-_-_-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_-_-__-_-_-_-_-_-_

Acceptances executed by or for account of this bank and out-
standing -------------------------------------------Other liabilities -----------------------------------Capital ---------------------------------------------------Surplus --------------------------------------------------Undivided profits -------------------------------Reserves -----------------------------------------------

157,114.42 81,142.72 None
66,564.82 None
163.13 None
Nollfl Noml 30,000.00 351.07 4,652.99 None

Total Liabilities _____________________________ $ 339,989.15

STATI:MENT

Showing condition at the close of business December 31, 1954, of

THE BANK OF BARROW Winder, Ga.

As Called for by the Superintendent of banks

W. C. HARRIS, President.
Date of Charter: 3-12-1951

FRED HUTCHINS, Cashier.
Began Business: 3-17-1951

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~l~n~ of States and political
SUbdiVlSIOllS ---------------------------------------
Other bonds, notes, and debentures Corporate stock'S (including stock of
Federal Reserve Bank)-------------------Loans and discounts (lncludinK
overdrafts) -------------------------------------Bank premises owned, furniture and
fixtures --------------------------------------------Real estate owned other than bani<
premises ___ ------------------------------------ ___ Investments and other assets indi-
rectly representing bank premises or other real estate _____ ----------------------
Customers' liability to this bank 0'1
acceptances outstanding___________________,
Other assets ---------------------------------------
Total Assets ---------------------------------$

945,111.111 865,392.37
None None None 573,130.53 9,605.67 None
None None 6,163.8g 2,399,403.56

LIABILITIES Demand deposits ----------------------------------$ TDiempeosditespoosfitUs .---S--.---G---o--v--e-r--n--m---e-n--t--_-_-_-_-_-_-_-_-_-_-_ Deposits of States and political Despuobsditisvisoifonbsa-n--k--s--_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-----
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding ------------------------------------------- _
Other llablllties -----------------------------------Capital ---------------------------------------------------Surplus ------------------------------------------------Undivided profits -------------------------------Reserves -----------------------------------------------

1,746,271.12' 258,808.11J 90,988.10
145,301.14 None
5,826.97 None
None 21,647.15 75,000.00 15,000.00 28,480.95 12,080.03

Total Liabilities ______ ---------------------$ 2,399,403.56

THIRTY-FIFTH ANNUAL REPORT

147

STATEMENT

Showing condition at the close of business December 31, 1954. of

THE PEOPLES BANK Winder, Ga.

As Called for by the Superintendent of banks

C. 0. MADDOX, President.
Date of Charter: 10-29-1926

J. B. LANGFORD, Cashier.
Began Business: 10-30-1926

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

855,449.711 1,469,578.13'
9,000.00 850.00 None
719,749.78 29,159.77 1.00
None None None

Total Assets --------------------------$ 3,083,788.43

LIABILITIES Demand deposits ----------------------------- ----$ Time deposits --------------------------------------Deposits of U. S. Government ____________ Deposits of States and political Despuobsditisvisoifonbsan-k--s--_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_----
Other deposits (certified and offi-
Bicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding ---------------------------------------------
Other liabilities -----------------------------------Capital __ ------------------------------------------------Surplus ________________ ----------------------------------Undivided profits --------------------------------
Reserves --------------------------------------------

2.~93,504.02
372,483.78 62,397.28
118,940.9:! None
6,740.46 None
None 16,408.27 50,000.00 75,000.00 25,000.00 63,313.6!1

Total Liabilities _____ --------------- _____ $ 3,083,788.43

STATEMENT

Showing condition at the close of business December 31, 1954, of

THE CAMDEN COUNTY STATE BANK Woodbine, 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 Cash, ba\nnces 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 stock'S (Including stock of Federal Reserve BaniD) -------------- _____ Loans and discounts (Including overdrafts) ---------------------------Bank premises owned, furniture and
fixtures -------------------------------Real estate owned other than bank
premises --------------------------------------------Investments and other assets Indi-
orercotltyherrerperaelseensttiantge__b_a__n_k___p_r_e_m__i_s_e_s
Customers' liability to this bank on acceptances outstanding___________________
Other assets -------------------------------------

404,353.45 271,906.25
None None None 329,589.01 9,590.00 None
None None None

Total Assets ----------------------------------$ 1,015,438.71

LIABILITIES Demand deposits ----------------------------------$ Time deposits --------------------------------------Deposits of U. S. Government___________ _ Deposits of States and political Despuobsdiitvs isoifonbsan-k--s--_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__--_
Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e__t_c_._)_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and out-
standing ---------------------------------------------Other liabilities -----------------------------------Capital --------------------------------------------------Surplus --------------------------------------------------Undivided profits -------------------------------Reserves -----------------------------------------------

407,617.77 389,449.62 120,191.7a
None None
1,672.96 None
None None 50,000.00 30,000.00 7,500.00 9,000.66

Total Liabilities ---------------------------$ 1,015,438. 71

148

DEPARTMENT OF BANKING

STATEMENT

Showing condition al the close of business December 31, 1954, of
THE WOODBURY BANKING COMPANY Woodbury, Ga.

As Called for by :the Superintendent of banks

T. H. CARROLL, President.
Date of Charter: 10-20-1891

M. 0. CAMPBELL, Cashier.
Began Business: 9-29-1902

ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash

Items In process of collection__$ 414,214.06

United States Government obligations, direct and guaranteed_________ 453,621.23

Obligations of States and political

subdivisions --------------------------Other bonds, notes, and debentures

None None

Corporate stocks (Including stock of Federal Reserve Bank)--------------------

None

Loans and discounts (including

overdrafts) --------------------------------Bank premises owned, furniture and

484,932.59

flxture3 --------------------------------Real estate owned other than bank

1,674.33

premises -----------------------Investments and other assets Indi-

None

or er cot ltyh errerperaels eensttiantge___b__a__n__k____p__r__e__m___i_s__e_s_

None

Customers' liability to this bank on acceptances outstanding____________

None

- - - - - Other asset. --------------------------------

None

Total Assets ------------------------------- $ 1,354,442.21

LIABILITIES Demand deposits -------------------------------- $ Time deposits --------------------------------------Deposits of U. S. Government._________ _ Deposits of States and political
subdivisions ------------------------------------Deposits of banks------------------------------Other deposits (certified and offiBicllesrs'pacyhaebclkes_,___e_t_c__.)_-_-__-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_
Acceptances executed by or for account of this bank and outstanding ---------------------------------------------
Other liabilities ----------------------------------Capital -------------------------------------------------Surplus -----------------------------------------------Undivided profits -------------------------------Reserves --------------------------------------------

743,847.08 347,881.13
5,165.1I
71,186.05 None
2,997.84 None
None 2,000.00 25,000.00 50,000.00 96,365.00 10,000.00

Total Liabilities ----------------------------$ 1,354,442.21

STATEMENT

Showing condition at .the close of business December 31, 1954, of

THE WOODLAND BANK Woodland, Ga.

As Called for by .the Superintendent of banks

J. H. WOODALL, President.
Date of Charter: 11-18-1907

C. E. MILLER, Cashier.
Began Business: 11-25-1907

ASSETS

Cash, balances with other banks, In-

cluding reserve balances, and cash Items In process of collection_______ $ 120,413.56

United States Government obliga-

tions, direct and guaranteed________ 225,808.40

Obligations of States and political

subdlvisions -----------------------------Other bonds, notes, and debentures

None None

Corporate stocks (Including stock of

Federal Reserve Bank)-------------

None

Loans and discounts (Including

overdrafts) ----------------------Bank premises owned, furniture and

47,884.43

fixtures -----------------------------Real estate owned other than bank

390.00

premises ------------------------------------Investments and other assets Indi-

None

rectly representing bank premises

or other real estate_______________

None

Customera' liability to this bank on

acceptances outstanding_____________

None

Other assets - - - - - - - - - - -____4,_6_3_1._7~5

Total Assets -------------------------------$ 399,128.14

LIABILITIES Demand deposits -------------------------------- $
DTiempeosidtespoosfitUs . --S--.---G---o--v-e--r-n--m---e-n--t-_-_-_-_-_-_-__-_-_-_-_
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 -----------------------------------------------

287,732.51 8,766.41 8,058.25
44,328.65 None
180.75 None
None 4,325.00 15,000.0{1 15,000.0{1 15,736.57
None

Total Llal;>lllties --------------------$ 399,128.14

THIRTY-FIFTH ANNUAL REPORT

149

STATEMENT

Showing condition af: the close of business December 31, 1954. 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-
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 stocl<" (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 indiroerctoltyherreprereasl eensttiantge__b___a_n___k____p__r_e__m___i__s_e_s
Customers' liablllty to this bank on acceptances outstanding..................
Other assets ---------------------------------
Total Assets ................................. $

107,391.97 298,326.56
21,956.77 10,000.00
None 269,302.44
2.09 1.00
None None 10,000.00 716,980.74

LIABILITIES Demand deposits ................................. $
Time deposits ------------------------------------ Devoslts of U. S. Government ............ Deposits of States and political
Despuobsdiitvs isoifonbsan-k--s--_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_-_--_-_-_-_-_-_-_-_-_-_-_-_-_
Other deposits (certified and officers' checks, etc.) --------------------------
Bills payable --------------------------------------Acceptances executed by or for
account of this bank and outstanding -------------------------------------------Other liabilities ----------------------------------- Capital ----------------------------------------------Survlus -------------------------------------------------- Undivided profits ------------------------------- Reserves ------------------------.....................-

339,526.97 148,469.68
49,857.01
103,516.96 None
9.50 None
None 4,750.00 25,000.00 40,000.00 5,850.62
None

Total Liabilities ........................... $ 716,980.74

STATEMENT

Showing condition af: the close of business December 31. 1954. 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._$ 310,639.68

United States Government obliga-

tions, direct and guaranteed-------

629,000.00

Obligations of States and political

subdivisions ------------------------------------Other bonds, notes, and debentures

2,848.56 302,802.03

Corporate stockls (Including stock of Federal Reserve Bank)--------------------

None

Loans and discounts (including

overdrafts) --------------------------Bank premises owned, furniture and

718,045.73

fixtures ----------------- ---------------------- . Real estato owned other than bank

5,401.00

premises ------------------------------Investments and other assets Indi-

None

rectly representing bank premises or other real estate_____________

None

Customers' liability to this bank on acceptances outstanding__________________

None

Other

assets

------

-

-

-------

-

-

-----

-

-

None
--

Total Assets --------------------------------- $ 1,968,737.00

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

1,302,550.58 253,631.44 48,820.91
100,375.62 69,496.26
3,186.71 None
None None 50,000.00 50,000.00 50,675.48 40,000.00

Total Liabilities --------------------------- $ 1,968,737.00

150

DEPARTMENT OF BANKING

STATEMENT

Showing condition at ihe close of business December 31. 1954, of

EXCHANGE BANK OF WRIGHTSVILLE Wrightsville, Ga.

As Called for by ihe Superintendent of banks

W. R. JACKSON, President.
Date of Charter: 12-20-1909

B. F. HERNDON, Cashier.
Began Business: 12-20-1909

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__________ Obllga~i~n~ of States and political
subdlVlSlOllS ------------------------------------
Other bonds, notes, and debentures Corporate stock'S (including stock of
Federal Reserve Bank)-------------------Loans and discounts (including
overdrafts) ---------------------------------------Bank premises owned, furniture and
fixtur~s ----------------C ----------------- -------Real estate owned other than bani<
premises ---------------------------------------------Investments and other assets Indi-
rectly representing bank premises or other real estate_______________________ _
Customers' llabillty to this bank on acceptances outstanding _______________
Other assets -----------------------------------

286,651.21 2{)1,000.00'
None None None 655,340.0() 1,876.0() None
None None None

Total Assets ----------------------------$ 1.144,867.21

LIABILITIES

Demand deposits -------------------------------- $

Time deposits ---

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

Deposits of U. S. Government_

Deposits of States and politiral 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-

Otshtearndliinabgil-i-t-i--e--s----_-_-_-_-_--_-_-__-_-_-_-_-_-_--_-_-_-_-_-_-_-_--_-_-_-_-_-_-_--_

Capital -------------------

Surplus -------------------------------------------------- Undivided profits

Reserves

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

765,857.61 78,114.00
None
142,320.87 None
1,796.50 None
None 66.00 35,000.00 100,000.00 21,712.23 None

Total Liabilities ---------------------------$ 1,144,867.21

STATEMENT

Showing condition ai ihe close of business December 31, 1954, of

THE BANK OF ZEBULON Zebulon, Ga.

As Called for by the Superintendent of banks

C. R. GWYN, President.
Date of Charter: 3-18-1905

G. M. LIFSEY, Cashier.
Began Business: 1-31-1905

ASSETS

Cash, balances with other banks, in-

eluding reserve balances, and cash Items In process of collection_______ $ 309,577.11

United States Government obligations, direct and guaranteed_________ 561,700.35

Obligation' of States and political subdlvisjons _____ -------------------------------
Other bonds, notes, and debenture

48,342.02 None

Corporate stocks (including stock of Federal Reserve Bank)--------------------
Loans and discounts (including

None

overdrafts) -------------------------------------Bank premises owned, furniture and
fixtures ---------------- ------------------------ Real estate owned other than bank
premises --------------------------------------------- Investments and other assets indi-
rectly representing bank premise' or other real estate___________________________

277,765.11 2,154.50 None
None

Cuasctcoempetarsn'celsiabioluittystatondtinhgis___b__a__n__k____o__n_

None

Other assets --------------------------------------

194.67

---~

Total Assets ---------------------------------$ 1,199,733.76

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 out-

standing _-------------------------------------------

Other liabilities -----------------------------------

Capital

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

Surplus

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

Undivided profits --------------------------------

Reserves ----------------------------------------------

637,305.29 238,361.62
21,411.80
163,177.13 None
774.16 None
None 3,000.00 25,000.00 50,000.00 50,703.76 10,000.00

Total Liabilities ---------~----------------- $ 1,199,733.76