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 Gisions ---------~ -~----- __ __ 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 G9,597.24 981,095.63 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----- 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.,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- "ltanes - 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 dep7 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 stoclng ------------------------------- 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,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 :> 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 balanpacyhaebclkes_,___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 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 banl7.37 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