- Collection:
- Georgia Government Publications
- Serial:
- Annual report / State of Georgia, Department of Banking and Finance.
- Title:
- Thirty-eighth annual report [1957]
- Creator:
- Georgia. Department of Banking
- Contributor to Resource:
- Georgia. Department of Banking
- Publisher:
- Atlanta, Ga. : Georgia. Department of Banking
- Date of Original:
- 1957
- Subject:
- Georgia
- Location:
- United States, Georgia, 32.75042, -83.50018
- Medium:
- publications (documents)
- Type:
- Text
- Format:
- application/pdf
- Description:
- Began with: 1972.
Title appeared on spine of print version only, 1998. From some providers, other issues digitized from the print may also be missing title source.
Use copy Restrictions unspecified star MiAaHDL
Numbering dropped, <1998->
Report year ends December 31.
Electronic reproduction. [Place of publication not identified] : HathiTrust Digital Library, 2015. MiAaHDL
Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL
Description based on print version record.
Latest issue consulted: 2018 (publisher's Web site, viewed June 15, 2020). - External Identifiers:
- Call Number GA B100 .A1 1957
- Metadata URL:
- https://dlg.galileo.usg.edu/id:dlg_ggpd_y-ga-bb100-b-pa1-b1957
- Digital Object URL:
- https://dlg.galileo.usg.edu/do:dlg_ggpd_y-ga-bb100-b-pa1-b1957
- Language:
- eng
- Holding Institution:
- University of Georgia. Map and Government Information Library
- Rights:
-
Thirty-Eighth Annual Report
SUPERINTENDENT of BANKS
of GEORGIA
1957
A.P.PERSONS Superintendent
STATE OF GEORGIA
Department of Banking
CREATED BY ACT APPROVED AUGUST 16, 1919
Thirty-Eighth Annual Report
YEAR ENDING DECEMBER 31, 1957
DEPARTMENT ESTABLISHED An Act to create the D~artment 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-EIGHTH ANNUAL REPORT
Ill
DEPARTMENT OF BANKING STATE OF GEORGIA ATLANTA
To His Excellency,
HONORABLE MARVIN GRIFFIN,
Governor of Georgia, Atlanta, Georgia.
December 31, 1957
As required in Sections 15 and 16 of Article 2 of the Banking Law, I have the honor to submit herewith, this, the 38th Annual Report of the Department of Banking for the year ending December 31, 1957.
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 disbursements of the Department for the year 1957.
3. Exhibit "C" through "K", covering applications relative to charter amendments, charter renewals, etc.
4. Exhibit "L", a list of branch banks now in operation.
5. Exhibit "M", a condensed statement showing the disposition of banks during the year 1957.
6. Exhibit "N", a list of banks that are members of the Federal Reserve System.
7. Exhibit "0", Credit Unions under the supervision of the Superintendent of Banks during the year 1957.
IV
DEPARTliENT OF BANKING
8. Exhibit "P", Abstract of Reports showing condition of 308 banks and 23 branches as of December 31, 1957, with a comparative statement of 306 banks and 21 branches as of December 31, 1956.
9. Exhibit "Q", Classification of banks by Capitalization as of December 31, 1957.
10. Exhibit "R", Banks in Voluntary Liquidation.
11. Exhibit "S", Legal Holidays.
12. Exhibit "T", Superintendents of Banks, Department of Banking, State of Georgia, from 1919 to date.
In addition to the information as reflected in the exhibits referred to above, the report contains the detailed published statement of each bank as of December 31, 1957. 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-EIGHTH ANNUAL REPORT
OFFICIAL ROSTER
DECEMBER 31, 1957
v
Exhibit "A"
A. P. PERSONS, Superintendent of Banks W. M. JACKSON, Assistant Superintendent of Banks
EXAMINERS
Name and Address
Salary
Aycock, M. T., Decatur, Ga....................................................................................----$ 466.00
Brooks, B. T., Decatur, Ga......................................................................................-.................... 485.00
Brown, J. B., Vidalia, Ga................................................................................................................ 485.00
Callier, Robert H., Jr., Atlanta, Ga................................................------- 371.00
Carey, Thomas H., Austell, Ga................................................................................................. 371.00
Crawford, Thomas 1., Roswell, Ga........................................................................................... 371.00
Everett, Samuel D., Decatur, Ga.............................................................................................. 357.00
Fuller, Ernest C., Duluth, Ga.................................................................................................... 371.00
Herndon, B. F., Dublin, Ga.......................................................................................................... 485.00
Jones, Frank J., Chula, Ga............................................................................................................. 371.00
Paxton, Walter A., Albany, Ga................................................................................................. 466.00
Stearns, Richard, Atlanta, Ga..................................................................- ........_....................... 466.00
Tippett, Paul W., Vidalia, Ga.................................................................................................... 371.00
CREDIT UNIONS Grovensteen, George W., Atlanta, Ga..................................................................................$ 431.00 Gunn, Robert H., Atlanta, Ga.................................................................................................... 371.00 Cunningham, Lucy T., Atlanta, Ga....................................................................................... 246.00
OFFICE ASSISTANTS
Ethridge, Jean, Intermediate Typist....................................................................................$ 265.00 Forrester, Hazel E., Intermediate Typist........................................................................ 211.00 Jones, Evelyn W., Principal Accounting Clerk......................................................... 357.00 Wyrick, Annette S., Princi,pal Stenographer............................................................... 285.00
Arnold, L., Porter...................................................................................................................................$ 153.00
VI
DEPARTMENT OF BANKING
Exhibit "B"
DEPARTMENT OF BANKING, STATE OF GEORGIA
RECEIPTS AND DISBURSEMENTS 1957
RECEIPTS Balance January 1, 1957............................................................$ 5,088.58 Received from Appropriation................................................ 194,370.02 Miscellaneous Income..................................................................... 168.17
$199,626.77
DISBURSEMENTS Superintendent's Salary ............................................................$ 9,060.00 Assistant Superintendent's Salary................................. 7,398.00 Examiners' Salaries....................................................-- 72,381.00 Office Assistants' Salaries......................................................... 20,554.51 Architectural Services.................................................................. 1,132.83 Travel Expenses................................................................................. 36,768.37 Supplies and Material......................:......................................... 1,027.65 Communication .................................................................................... 2,889.75 Printing and Publicity.................................................................. 3,713.45 Repairs and Alterations............................................................ 16,591.52 Insurance and Bonding............................................................... 514.50 Equ~pment ................................................................................................ 10,502.26 Pensions --------- 12,638.83 Miscellaneous ....................................................................................... 162.80
$195,335.47
Balance December 31, 1957........................................................................ $ 4,291.30
THIRTY-EIGHTH ANNUAL REPORT
VII Ezhibit "C"
APPROVAL OF CHARTER
NAME'OF BANK
LOCATION
DATE OF APPROVAL
The Bank of Stone Mountain.................................. Stone Mountain................... State Bank and Trust Company............................ Brunswick..................................
4-16-1957 11-25-1957
Ezhibit "D"
DISAPPROVAL OF CHARTER
NAME OF BANK
LOCATION
The Corbett State Bank................................................ Pearson......................................-. The Bank of Harris County........................................ Hamilton...................................... Liberty State Bank............................................................. Hinesville..................................... Bank of Atlanta..................................................................... Atlanta...........................................
DISAPPROVED
4-12-1957 10- 8-1957 10- 9-1957 12- 4-1957
Exhibit "E"
APPROVAL OF RENEWAL OF CHARTER
NAME OF BANK
LoCATION DATE OF CHARTER
Cordele Banking Company............... Cordele........................... Farmers and Merchants Bank
of Senoia .....-.................................................. Senoia.............................. Granite City Bank...................................... Elberton........................ Richland Banking Company............... Richland........................ Etowah Bank ..........._...................................... Canton............................
5-31-1927
3- 2-1874 12- 3-1927 10-13-1927
1-22-1927
APPROVED 1-16-1957
4- 3-1957 8- 6-1957 9- 5-1957 1-21-1957
Ezhibit "F"
APPROVAL OF REVIVAL AND RENEWAL OF CHARTER
NAME OF BANK
LoCATION DATE OF CHARTER
The Washington Loan & Banking Company ................................. Washington................
9- 7-1891
APPROVED 2-11-1957 Ezhibit "G"
APPROVAL OF MERGER
NAME OF BANK
LOCATION DATE OF MERGER
MERGED WITH
The Citizens and Southern Buckhead Bank -- Atlanta.......................
10-1-57
The Citizens and Southern Bank, Atlanta --
VIII
DEPARTMENT OF BANKING
Ezhibit "H"
PERMIT TO BEGIN BUSINESS
NAME OF BANK
LoCATION
BEGAN BUSINESS
The Bank of Warner Robins....................................... Warner Robins....-- The Bank of Stone Mountain......................- Stone Mountain ..................
1- 4-1957 7- 6-1957
Ezhibit "]"
APPROVAL OF CONVERSION OF NATIONAL BANK TO STATE BANK
NAME OF BANK
LOCATION
To OPERATE AS
Geo. D. Warthen
The Geo. D.
National Bank....-- Sandersville...................... Warthen Bank ......
DATE 3-9-1957
THIRTY-EIGHTH ANNUAL REPORT
IX Exhibit "J"
APPROVALS OF APPLICATIONS TO INCREASE CAPITAL STOCK
NAME OF BANK
LoCATION APPROVED
Cairo Banking Company................._ Cairo.........................
The Pembroke State Bani<............... Pembroke.............
Bank of Commerce.............................- .... Americus..............
The Citizens & Southern
Avondale
DeKalb Bank.......................................... Estates.............
The Rome Bank and Trust
Company....................................................... Rome........................
The State Bank........................................... G1iffin......................
Bank of Manchester......................._...... Manchester........
The Citizens Bank of Toccoa......... Toccoa.....................
Bank of Stapleton.................................... Stapleton..............
Bank of Jonesboro.................................... Jonesboro.............
Bank of Milan.............................................. Milan........................
The Citizens Bank of Swainsboro................................................. Swainsboro.........
The Hinesville Bank............................. Hinesville............
Bank of Hazlehurst................................. Hazlehurst..........
The George D. Warthen Bank....... Sandersville......
St. Simons State Bank........................ St. Simons..........
The Pulaski Banking Company.... Hawkinsville....
Citizens Bank...- Colquitt.....- .......... Exchange Bank of Unadilla.......... Unadilla................
The Citizens and Southern Bank Atlanta..................
The Glennville Bank.............................. Glennville.............
Milledgeville Banking Company. Milledgeville.....
Commercial Bank and Trust Company...................................- ................. Griffin......................
Bank of Ringgold...................................... Ringgold...............
Buena Vista Loan and Savings Bank.................................................................. Buena Vista....
The Merchants and Farmers Bank.................................................................. Milledgeville.....
Austell Bank................................................. Austell.-.-....--....
Northeast Georgia Bank.................... Lavonia..................
1- 8-57 1-21-57 1-22-57
1-28-57
2- 5-57 2-19-57 2-21-57 3- 1-57 3- 1-57 3-25-57 4- 1-57
4- 3-57 5-13-57 5-20-57 5-22-57 5-28-57 7-12-57 7-15-57 8- 6-57 9-30-57 9-30-57 10- 2-57
10-20-57 11- 4-57
12- 4-57
12-16-57 12-16-57 12-30-57
AMOUNT OF INCREASE
$ 75,000.00 to $ 100,000.00 25,000.00 to 75,000.00 100,000.00 to 200,000.00
50,000.00 to 100,000.00
200,000.00 to 200,000.00 to
60,000.00 to
100,000.00 to 15,000.00 to 25,000.00 to 25,000.00 to
320,000.00 300,000.00 120,000.00 125,000.00 25,000.00
50,000.00 35,000.00
100,000.00 to 125,000.00 30,000.00 to 60,000.00 25,000.00 to 100,000.00
50,000.00 to 100,000.00
25,000.00 to 50,000.00 50,000.00 to 100,000.00 60,000.00 to 100,000.00 25,000.00 to 50,000.00 300,000.00 to 1,000,000.00 30,000.00 to 60,000.00 50,000.00 to 200,000.00
200,000.00 to 400,000.00 25,000.00 to 50,000.00
30,000.00 to 50,000.00
100,000.00 to 100,000.00 to 50,000.00 to
150,000.00 150,000.00
75,000.00
Exhibit "K"
APPROVAL OF APPLICATION TO REDUCE PAR VALUE OF CAPITAL STOCK
NAME OF BANK
PAR VALUE LOCATION OF STOCK
Etowah Bank................................................ Canton................... The State Bank........................................... Griffin..................... The Citizens Bank of Toccoa.......... Toccoa.................... Bank of Hazlehurst................................ Hazlehurst......... Milledgeville Banking Company Milledgeville....
$100.00 100.00 100.00 100.00 100.00
REDUCED TO
$10.00 20.00 25.00 10.00 20.00
APPROVED
1-21-57 2-19-57 3- 1-57 5-20-57 10- 2-57
X
DEPARTMENT OF BANKING
BRANCH BANKS AS OF DECEMBER 31, 1957
Exhibit "L"
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 Bank of Georgia
Pershing Point Office.......................... 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
The Citizens & Southern Bank
of Atlanta,
The Citizens & Southern
Campbellton Plaza Office............. Atlanta.......... Bank of Atlanta................................. Atlanta
The Citizens & Southern Bank
of Atlanta,
The Citizens & Southern
Buckhead Office..................................... Atlanta.......... Bank of Atlanta.................................. Atlanta
The Citizens Trust Company
965 Hunter St., N.W........................... Atlanta........... The Citizens Trust Company....... Atlanta
South Side Atlanta Bank
Drive in Branch
1747 Lakewood Ave., S.W........... Atlanta........... South Side Atlanta Bank................. Atlanta
Trust Company of Georgia
West Peachtree & Third SL..._. Atlanta........... Trust Company of Georgia............ Atlanta
Trust Company of Georgia
514 Flat Shoals Avenue................... Atlanta........... Trust Company of Georgia............. Atlanta
Georgia Railroad Bank &
Trust Co., 1111 Broad Street............................... Augusta........ Georgia Railroad Bank &
Georgia Railroad Bank &
Trust Company..........------ Augusta
Trust Co,
Gwinnett St. Branch
Georgia Railroad Bank &
Gwinnett & Eleventh St~--- Augusta...._. Trust Com,pany.................................... Augusta
Georgia Railroad Bank &
Trust Company
Georgia Railroad Bank &
Daniel Villag~ Branch.................... Augusta......... Trust Company................................... 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 Citizens
Bank....---- Bank................................................
Demorest...... Nahunta.......
Cornelia Citizens
Bank.............................................. Bank...............................................
Cornelia 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
THIRTY-EIGHTH ANNUAL REPORT
XI
Exhibit "M"
DISPOSITION OF BANKS IN GEORGIA DURING 1957
Banks in Operation January 1, 1957...........---- Banks in Operation December 31, 1957...................................................
Increase during the year................................................................................. 3 Decrease during the year.............................................................................. 1
Net Increase ............................................................................................................ 2
BANKS
306 308
BRANCHES
21 23
New Banks: The Bank of Warner Robins, Warner Robins The Bank of Stone Mountain, Stone Mountain The Geo. D. Warthen Bank, Sandersville
Exhibit "N"
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 The State Bank.............................................................................................................................................................____.....Griffin Brand Banking Com,pany....................................................................................................................................Lawrenceville Farmers Bank................................................................................................................................................................................Monroe Savannah Bank & Trust Company.....................................................................................................................Savannah
XII
DEPARTMENT OF BANKING
Exhibit "0"
CREDIT UNIONS AND LOCATIONS
UNDER SUPERVISION OF STATE DEPARTMENT OF BANKING
ALBANY Albany Federal Employees Credit Union, Broad at Jefferson St., P. 0. Box 93 Carlton Credit Union, c/o The Carlton Co., P. 0. Box 173 Colonial Dairies Employees Credit Union, 815 Oglethorpe Ave., P. 0. Box 1350 Flint River Cotton Mills Employees Credit Union, Albany, Georgia Georgia Electric Credit Union, 1500 Gillionville Road Karagheusian Employees Credit Union, Guistan Drive Keenan Employees Credit Union, 112 Front St. Modern Coach Employees Credit Union, 308 Oglethorpe Ave.
ATHENS Athens Division Credit Union, c/o Georgia Power Co. Dairy-Pax Athens Credit Union, P. 0. Box 726
ATLANTA
A. D. Com,pany Employees Credit Union, 777 Memorial Drive, S.E.
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 Cleaners Credit Union, 226 Courtland St., N.E. Associated Credit Union, 1104 Healey Building
Associated Grocers Credit Union, 638 Lee St., S.W. Atlanta Armour Fertilizer Works Credit Union, 350 Hurt Building Atlanta City Employees Credit Union, 702 City Hall Atlanta Co-Operative Credit Union, 719 Fulton Federal Bank Atlanta Greyhound Terminal Employees Credit Union, 81 Cain St., N.W.
Atlanta Joint Terminals Employees Credit Union, 106 Carroll St. Atlanta Postal Credit Union, 102-M Federal Annex Building Atlanta Railway Postal Clerks Credit Union, 420 Federal Annex Building
Atlanta School Department Employees Credit Union, 750 Glenwood Ave., S.E. Atlanta Teachers Association Credit Union, 498 8th St., N. E. Atlanta Terminal Employees Credit Union, Terminal Station c/o Ticket Office Atlantic Steel Credit Union, P. 0. Box 1714 Ben Franklin Credit Union, 1400 West Peachtree St., N.W. Calvert Iron Works Credit Union, 1195 Victory Drive, S.W. Central Parking, Inc., Credit Union, 37 Forsyth St., S.W.
Circle "W" Credit Union, 1299 Northside Drive C. M.A. Credit Union, 1332 Bankhead Ave., N.W. Cullom & Ghertner Com,pany Credit Union, 700 Lake Ave., N.E. Delta Employees Credit Union, Municipal Airport
Dixie "66" Credit Union, 1430 West Peachtree St., N.W. D. P. S. Em,ployees Credit Union, 959 Confederate Ave.
DuPont Atlanta Employees Credit Union, 1737 Ellsworth Industrial Drive, N. W. Employer's Group Credit Union, 1001 Grant Building
Employment Service Credit Union, 61 Trinity Ave., S.W. Essell Credit Union, 1197 Peachtree St.
Family Fund Employees Credit Union, 1515 Spring St., N.W. F. D. & L. Employees Credit Union, 1090 Capitol Ave., S.E.
Federal Employees Credit Union, 83 Walton St. Fulton County Employees Credit Union, 712 Court House Fulton Teachers Credit Union, 500 County Administration Building Gaylord Employees Credit Union, 276 Miller Reed St., S.E.
General Shoe Credit Association, 1251 Caroline St., N.E. Genuine Parts Credit Union, 299 Piedmont Ave., N.E. Georgia E. S. A. Credit Union, 6th Floor, State Office Building
Georgia Health Department Credit Union, 319 State Office Building Georgia League Credit Union, P. 0. Box 2044, Forsyth Building
Georgia Standard Oil Employees Credit Union, Fulton National Bank Building Georgia State Department of Education Credit Union, State Office Building
------------ TH-I- RT~Y~ -E~IG~H~T~ H~A~N~ N~ U= AL=~ RE.P~ O- RT--------- XIII
Georgia State Highway D~partment Employees Credit Union, 2 Capitol Square Georgia Telco Credit Union, 452 Hurt Building Georgia-Vi. P. General Office Credit Union, 4 Hunter St., S.E. Gesco Credit Union, 172 Haynes, S.W. Grinnell Corporation Employees Credit Union, 240 North Highland Ave., N.E. Hasco Credit Union, 710 Murphy Ave., S.W. Hospital Authority Employees Credit Union, 36 Butler St., S.E. John Rogers Employees Credit Union, 300 Hunnicutt St., N.W. Journal-Constitution Employees Credit Union, 10 Forsyth St., N.W. Law Engineering Testing Co. Employees Credit Union, 136 Forrest Ave., N.E. Memco Credit Union, 1190 Astor Ave., S.W. Merchants Mutual Credit Corporation Credit Union, 728-29 Grant Building Metro Credit Union, 198 Luckie St. Miss Georgia Credit Association, 645 Whitehall St., S.W. Montag Employees Credit Association, 245 N. Highland Ave., N.E. Mutual Savings Credit Union, 243 Peachtree St. Orange Disc Credit Union, 131 Ponce de Leon Ave., N.E. Presbyterian Center Credit Union, 341-A Ponce de Leon Ave., N.E. R. E. A. Employees Credit Union, 325 Mitchell St., S.W. Regenstein Employees Credit Union, 80 Whitehall & 209 Peachtree St. Rich's Employees Credit Union, c/o Rich's Inc. Ruralist Credit Union, 713 Glenn St., S.W. Russell Company Employees Credit Union, 117 Central Ave., S.W. Seaboard Employees Credit Union, 990 Chattahoochee Ave., N.W. Sexton Atlanta Employees Credit Union, 715 W. Whitehall St., S.W. Sho Do Co Savings Plan Credit Union, 1001 Chattahoochee Ave., N.W. S.M.C.R.C. Credit Union, 1307 Peachtree St., N. E. S. 0. S. Credit Union, 214 State Capitol Southern Dairies Zone 12 Em,ployees Credit Union, 593 Glen Iris Drive, N.E. Southern Freight Bureau Employees Credit Union, 101 Marietta Building State Revenue Department Credit Union, State Office Building Stein Printing Company Employees Credit Union, 175 Luckie St., N.W. Swift Atlanta Employees Credit Union, 93 Peachtree Way, N.E. Thompson Boland Lee Credit Union, 201 Peachtree St., N.E. The Thrift Credit Union, 125 Spring St., S.W. University Center Credit Union, 24 Ivy St., S. E.
AUGUSTA
Augusta Fire Department Credit Union, Central Ave., and Trou,pe St. Georgia R. R. Employees Credit Union, 615 8th Street King Mill Credit Union, c/o King Mill Richmond County Health Department Employees Credit Union, 501 Greene St.
BRUNSWICK
Glynn County Federal Employees Credit Union, Federal Building
CEDARTOWN
Cedartown Textiles, Inc., Employees Credit Union, Cedartown, Ga.
CHAMBLEE
Deere Employees Credit Union, Chamblee, Ga. Lay Employees Savings & Loan Credit Union, 4520 Peachtree Industrial Boulevard
COLUMBUS
Columbus Coca-Cola Em,ployees Credit Union, 305 17th St. Columbus Health & Hospital Credit Union, P. 0. Box 229 Columbus Postal Employees Credit Union, c/o Post Office, Baker Village Gas Light Employees Credit Union, 107 Thirteenth St. Seaboard Columbus Employees Credit Union, Front Ave., and lOth St.
CORDELE
Harris F. and M. Employees Credit Union, c/o Harris F. and M. Company
XIV
DEPARTMENT OF BANKING
DALTON N. G. E. M. C. Credit Union, 301 Selvidge St. W. E. Strain Employees Credit Union, P. 0. Box 185 Whitfield County Postal Employees Credit Union, Post Office
DECATUR Decatur Postal Em,ployees Credit Union, Post Office Decatur Teachers Credit Union, 320 N. McDonough Kraft Employees of Atlanta Credit Union, 1205 DeKalb Industrial Way The Wood Company Credit Union, 647 East College Ave.
DRY BRANCH Georgia Kaolin Employees Credit Union, Dry Branch, Ga.
DUBLIN Dublin Federal Employees Credit Union, Federal Building
EAST POINT Borden's Atlanta Credit Union, 1050 Oakleigh Drive Colonial Stores Employees Credit Union, 2251 N. Sylvan Road Municipal Employees Credit Union, City Hall Tri-City Postal Credit Union, Post Office Wm. Armstrong Smith Credit Union, 109 E. Forrest Ave.
FORT McPHERSON Fort McPherson Credit Union, Fort McPherson, Ga.
JACKSON Central Georgia Electric Members Corp. Credit Union, Jackson, Ga.
JONESBORO C. C. B. E. Employees Credit Union, County School Supt.'s Office
MACON The Burke Credit Union, 626 Mulberry St. City Employees Credit Union, City Hall Davison's of Macon Credit Union, 433 Cherry St. D. D. D. Credit Union, 4570 Pio Nona Ave. Federal Employees Credit Union, Post Office Hapgrade Credit Union, Broadway at Pine Macon Firemen's Credit Union, Fire Department Headquarters Macon Kraft Employees Credit Union, Mead Road Macon Police Credit Union, City Hall Macon Textiles Credit Union, 3879 Lake St. Macon Waterworks Credit Union, City Hall McAfee Employees Credit Union, Waterville Road M.D. and S. Employees Credit Union, 1115 Boulevard Ave. P. and G. Macon Employees Credit Union, 1265 Sixth St. Trice Oil Em,ployees Credit Union, 1167 6th St.
MARIETTA Home Employees Credit Union, 334 S. Four Lane
MILLEDGEVILLE Milledgeville State Hospital Credit Union, c/o State Hospital
MOULTRIE Employees Swift and Co. Credit Union, c/o Swift anti Company
PLAINS Sumter County Teachers Credit Union, Plains, Ga.
ROME Floyd County Postal Employees Credit Union, Post Office Rome Kraft Employees Credit Union, c/o Rome Kraft Company Todd Em,ployees Credit Union, 113 Armstrong St. Wiseman Employees Credit Union, 523 Shorter Ave.
THIRTY-EIGHTH ANNUAL REPORT
XV
SAVANNAH Blue Flame Credit Union, 114 Barnard St. Central Employees Credit Union, 227 W. Broad St. G. P. A. Credit Union, c/o Georgia Ports Authority, P. 0. Box 1039 Health Employees Chatham County Credit Union, 23 East Charlton St. Merchants Credit Union, 402 Liberty National Bank Building Savannah and Atlanta Rwy., Employees Credit Union, P. 0. Box 1491 Savannah Electric & Power Employees Credit Union, 27 W. Bay St. Savannah Federal Employees Credit Union, Castle Building, 200 E. St. Julian St. Savannah Postal Credit Union, P. 0. Box 2002 Seaboard Employees Credit Union, 104 Union Station, P. 0. Box 302 Transit Credit Union, 900 E. Gwinnett St. Workman's Circle Credit Union, 238 W. Broad St.
TIFTON Armour Tifton Employees Credit Union, c/o Armour and Com,pany
VALDOSTA Owens-Illinois Credit Union, Valdosta, Ga. Postal Employees Credit Union, c/o Post Office
XVI
DEPARTMENT OF BANKING
Exhibit "P" ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS IN GEORGIA
AS OF DECEMBER 31, 1957
(With Comparative Statement as of December 91, 1956)
ASSETS
Dec. 91, 1957 908 Banks 29 Branches
Dec. 91, 1956 906 Banks
21 Branches
Increase Decrease-
Cash, balances with other banks, cash
items in process of collection............$ 292,665,190.34 $ 297,397,245.10 $ 4,732,054.76-
U. S. Gov't Obligations direct and
Oblgiugaa~ria<?nnt:e;e
d o
- f States and political
373,559,365.94
346,270,763.32 27,288,602.62
subdlVlSlOnS -- 53,651,849.62 Other bonds, notes & debentures............ 20,396,171.02
46,478,198.09 7,173,651.53 13,973,186.28 6,422,984.74
Corporate stocks, including stock of
Fed. Res. Bank................................~ 1,278,490.49
1,289,310.15
10,819.66-
Loans & Discounts, including over-
drafts -- 499,592,042.74 487,361,266.94 12,230,775.80 Bank premises owned and furniture
and fixtures .......................................................... 15,550,963.04 13,062,667.24 2,488,295.80
Real Estate owned other than bank
premises .....................................................................
589,380.18
656,819.30
67,439.12-
Investments & other assets indirectly
representing bank premises or
other real estate................................................
101,582.18
164,827.75
63,245.57-
Customers' liability to this bank on
acceptances outstanding ...........................
980,000.00
5,000.00 975,000.00
Other assets ............................................................... 4,303,248.26
4,214,947.35
88,300.91
TOTAL ASSETS ....................................$1,262,668,283.81 $1,210,874,231.52 $51,794,052.29
LIABILITIES
Demand deposits ......................................................$ 609,914,728.37 $ 624,601,148.59 $14,686,420.22Time deposits ............................................................ 323,972,029.69 270,633,545.50 53,338,484.19
D~posits of U. S. Gov't.................................... De~o~i~s of States and political sub-
diVISions ..................................................................... Deposits of Banks................................................... Other deposits (certified and officer's
checks, etc.) .........................................................
19,720,571.83
118,881,981.27 56,752,219.32
7,522,706.65
26,132,019.14
109,656,156.59 54,775,588.63
8,232,481.52
6,411,447.31-
9,225,824.68 1,976,630.69
709,774.87-
TOTAL DEPOSITS ..............................$1,136,764,237.13 $1,094,030,939.97 $42,733,297.16
Bills payable, rediscounts, and other liabilities for borrowed money...........
Acceptances executed by or for account of this bank & outstanding...
Other liabilities ......................................................
206,477.59 980,000.00 14,870,663.57
157,982.01 5,000.00
13,436,253.90
48,495.58 975,000.00 1,434,409.67
TOTAL LIABILITIES (not including capital accounts) ..................$1,152,821,378.29 $1,107,630,175.88 $45,191,202.41
CAPITAL ACCOUNTS
Capital ---$ Surplus .............................................................................. Undivided Profits ................................................... Reserves ...........................................................................
TOTAL CAPITAL
32,517,500.00 $ 40,357,220.00
26,572,224.11 10,399,961.41
30,247,500.00 $ 2,270,000.00 38,554,720.00 1,802,500.00 23,714,486.61 2,857,737.50 10,727,349.03 327,387.62-
ACCOUNTS ...................................................$ 109,846,905.52 $103,244,055.64 $ 6,602,849.88
TOTAL LIABILITIES AND CAPITAL ACCOUNTS .....................$1,262,668,283.81 $1,210,874,231.52 $51,794,052.29
THIRTY-EIGHTH ANNUAL REPORT
XVII
Exhibit "Q"
CLASSIFICATION OF BANKS BY CAPITALIZATION
AS OF DECEMBER 31, 1957
Number of Banks
Capital
5 ---- $ 15,000.00 1 ............................................................... 20,000.00
79 ............................................................... 25,000.00
10 ............................................................... 30,000.00
3 ............................................................... 35,000.00
5 ............................................................... 40,000.00
1 ............................................................... 45,000.00
82 ............................................................... 50,000.00
5 ............................................................... 60,000.00
1 ............................................................... 62,500.00
2 ............................................................... 65,000.00
1 ............................................................. 70,000.00
9 ---- 1 ...............................................................
75,000.00 80,000.00
56 ----- 1 --- 3 ...............................................................
100,000.00 120,000.00 125,000.00
8 ----- 1 --- 11 ---- 1 ...............................................................
150,000.00 175,000.00 200,000.00 210,000.00
1 ............................................................... 240,000.00
5 ............................................................... 250,000.00
1 ------ 5 ---- 1 ...............................................................
275,000.00 300,000.00 320,000.00
1 .............................................................. 325,000.00
1 ----- 1 -- 1 ...............................................................
400,000.00 500,000.00 600,000.00
2 ............................................................... 1,000,000.00
2 ............................................................... 1,500,000.00
1 ............................................................... 4,090,000.00
Total Capital
$ 75,000.00 20,000.00
1,975,000.00 300,000.00 105,000.00 200,000.00 45,000.00
4,100,000.00 300,000.00 62,500.00 130,000.00 70,000.00 675,000.00 80,000.00
5,600,000.00 120,000.00 375,000.00
1,200,000.00 175,000.00
2,200,000.00 210,000.00 240,000.00
1,250,000.00 275,000.00
1,500,000.00 320,000.00 325,000.00 400,000.00 500,000.00 600,000.00
2,000,000.00 3,000,000.00 4,090,000.00
Total Resources
$ 2,963,056.63 358,787.17
89,404,364.98 9,801,068.36 3,562, 792.87 9,676,962.65 1,531,549.80 193,002,430.90 9,898,733.94 1,273,800.64 2,957,571.47 1,917,171.50 27,662.230.55 3,020,150.56 204,615,626.64 3,040,027.13 13,085,188.72 37,977,243.74 2,092,567.72 78,652,011.88 12,887,647.98 3,431,971.81 50,685,178.43 8,523,07 4.32 53,214,233.44 7,895,336.88 8,504,938.43 11,481,836.86 18,972,774.35 33,404,268.25 65,321,994.28 99,348,834.93 192,502,856.00
XVIII
DEPARTMENT OF BANKING
BANKS IN VOLUNTARY LIQUIDATION December 31, 1957
1!.'xhibit "Jlk
NAME OF BANK
LOCATION
DA1'E
Atlanta Trust Company....------ Atlanta.....------ December 11, 1929 Bank of Statham....------------- Statham....------- December 31, 1931 Newnan Bank & Trust Company....--- Newnan..........-------- May 11,1932 Citizens Bank....------------- Tallapoosa.........----- March 14, 1938 The Farmers Bank...----------- Blythe...----- January 22,1951 Bank of Ila------------------ lla------------ August 9, 1954 Bank of Sasser_--------------- Sasser.....-------- November 31, 1956
Erx:hibit "S"
LEGAL HOLIDAYS
January 1-New Year's D"ay January 19-Lee's Birthday February 22-George Washington's Birthday April 26-Memorial Day June 3--Jefferson Davis' Birthday July 4-lndependence 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 holiday enumerated above falls on a Sunday, the Monda7 next following shall be observed as a Legal Holiday.
Exhibit "T"
SUPERINTENDENTS OF BANKS, DEPARTMENT OF BANKING
STATE OF GEORGIA
No.
Name
Date of Appointment
Date Service Ended
1 T. R. Bennett.--
November 17, 1919 January 1, 1927
2 A. B. MobleY-----------January 1,1927
September 24, 1931
3 W. J. Davis.....----------- September 24,1931 January 1,1932
4 R. E. Gormley...------------January 1, 1932
October 6, 1936
5 R. R. Tippins....----------- October 6, 1936
January 11, 1937
6 John C. Beasley.-----------January 11, 1937 7 R. E. Gormley______________ January 25, 1937
January 25, 1937 January 1, 1940
8 C. B. Golsan, Acting Sapt.....---January 1, 1940
January 14, 1941
9 John C. BeasleY-----------January 14, 1941
March 21, 1947
10 0. G. Jackson.-------------March 22, 1947
November 18, 1948
11 A. P. Persons------------November 18,1948
THIRTY-EIGHTH ANNUAL REPORT
1
STATEMENT
Showing condition at the close of business December 31, 1957, of
ABBEVILLE STATE BANK Abbeville, Ga.
As ealled 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
Cash, balances \\ith other banks, in-
cluding reserve balances, and cash
items in proceas of collection...... $ 86,909.02
United States Government obliga-
tions, direct and guaranteed ..... .
265,395.60
Obliga~io~ of States and political
SubdlvtSlOns ................... .
27,999.74
Other bonds, notes, and debentures..
126,976.25
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
202,159.49
Bank premises owned, furniture and
fixtures ........................ .
1,454.85
Real estate owned other than bank
premises....................... .
None
Investments and other aasets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Aasets..................... .
None
Total Aasets ..................$ 710,894.95
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeP."!'its of States and political sub-
divtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities .................. .
~~pi:~!.::: : :: :: : :: : : :: : : : ::: ::::
un';\ivided profits................. . Reserves ........................ .
281,557.61 245,132.37
15,611.60 105,640.33
None 2,168.61
None
None 7,859.98 25,000.00 20,000.00 7,924.45
None
Total Liabilities...............$ 710,894.95
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF ACWORTH Acworth, Ga.
As ealled for by the Superintendent of Banks
F. J. KIENEL, President.
Date of Charter: 10-31-1905
E. H. HARRISON, Cashier.
Began Business: 12-19-1905
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in proceas of collection......$ 484,029.16
United States Government obliga-
tions, direct and guaranteed..... .
601,289.05
o~~~~o;;.t_ -~~~~. ~~. ~~~~~
5,000.00
Other bonds, notes, and debentures..
124,962.50
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
460,523.61
Bank premises owned, furniture and
fixtures........................ .
22,158.70
Real estate owned other than bank
premises....................... .
10,468.80
Investments and other assets indi-
rectly representing bank premises
or other real estate ~ ............ .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Aasets..................... .
132.09
Total Aasets ................. $ 1,708,563.91
LIABILITIES Demand deposita..................$ Time depo1uts .................... . Deposits of U.S. Government ..... .
D=~~~ ~~~~~s. ~~ ~o-~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. .
~~r;f:.:::::::::::::::::::::::::
Undivided profits................. . Reserves........................ .
924,166.98 407,676.44
4,664.71 216,254.36
None 878.50
None
None 3,000.00 50,000.00 40,000.00 61,922.92
None
Total Liabilities...............$ 1,708,563.91
2
_ _ _ _ __::DEPARTMENT OF BANKIN-'--G=-------------
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF ADAIRSVILLE Adairsville, Ga.
As called for by the Superintendent of Banks
C. W. SATTERFIELD, President.
Date of Charter: 3-21-1899
J. E. McKELVEY, Cashier.
Began Business: 3-24-1899
ASSETS
Cash, balances with other banks, in-
clu:iin~ res~rve balances, and cash
items in prooess of collection......$ 264,441.28
Unite:! States Government obliga-
tions, direct and guaranteed ..... .
451,164 50
Obli~at.io."~ of States and political
SubdiVISlODS .. , , , , . ,
5,000.00
Other bon:is, notes, and debentures..
99,971.88
Corporate stocks (including stock of
Federal Reserve Bank\ .......... .
1,800.00
Loans n"d disoo>unts (including over-
drafts) ........................ .
393,865.40
Bank premises owned, furniture and
fixtures ........................ .
5,839.05
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectlv representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - - Other Assets..................... .
None
Total Assets .................. $ 1 , 222 ,082 . 11
LIABILITIES Demand deposits.................. $
Time deposits.................... . Deposits of U.S. Government ..... . De~o~i~s of States and political sub-
dtvlstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Rurnlus ......................... . Undhided profits................. . Reserves ........................ .
542,097.02 440,373.98
1,905.00
72,263.20 None
5,566.76 None
None None 25,000.00 35,000.00 99,876.15 None
Total Liabilities...............$ 1,222,082.11
STATEMENT Showing condition at the close of business December 31, 1957, of
ADEL BANKING COMPANY Adel, Ga.
As called for by the Superintendent of Banks
A. L. PARRISH, President.
Date of Charter: 2-27-1929
A. L. PARRISH, JR., Cashier.
Began Business: 3-1-1929
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......S 500,174.61
United States Government obliga-
tions, direct and guaranteed ..... .
864,850.01
Obliga~io_n~ of States and political
SUbdlVlBlOnS . . . . . . . . . . . . . . . . . . . .
146,371.78
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Rserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 1,093,308.45
Bank premises owned, furniture and
fixtures........................ .
37,000.00
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 ...................... _ _ _ _8_72_._2_3
Total Assets ..................$ 2, 642,577.08
LIABILITIES Demand deposits.................. $ Time deposits.................... .
Deposits of U.S. Government ..... . DcJ?o~i!s of States and political sub-
divlslons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... .
Undivided profits................. . Reserves ........................ .
1,511,596.19 557,598.18 29,874.34 220,248.15 76,260.96 11,530.94 None
None 8,540.00 50,000.00 100,000.00 36,928.32 40,000.00
Total Liabilities............... $ 2,642,577.08
THIRTY-EIGHTH ANNUAL REPORT
3
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS & MERCHANTS BANK Adel, Ga.
As called for by the Superintendent of Banks
M. J. TAYLOR, President.
Date of Charter: 12-11-1947
W. J. HARRIS, Cashier.
Began Business: 1-15-1948
ASSETS Cash, balances with other banks, in-
cludinj! reserve balances, and cash items1n process of collection......$ United States Government obligations, direct and guaranteed ..... . Obligat.io_n~ of States and political subdtvistons . .................. . 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..................... .
380,268.91 459,596.44
None None None 397,851.93 4,650.88 None
None None 1,308.92
Total Assets ..................$ 1,243,677.08
LIABILITIES Demand deposits..................$ Time depos1ts .................... . Deposits of U.S. Government ..... . DeP,o~i!s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... .
~:~f~!.::: :: ::::: ::: :: ::::::::::
Undivided profits................. . Reserves ........................ .
588,036.11 361,738.25
None 153,714.30
2,539.63 3,630.00
None
None None 50,000.00 50,000.00 24,018.79 10,000.00
Total Liabilities............... $ 1,243,677.08
STATEMENT Showing condition at the close of business December 31, 1957, 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-
~ eluding reserve balances, and cash
items in process of collection...... $ 234,241.54
United States Government obliga-
tions, direct and guaranteed ..... . 335,000.00
Obliga~io.n~ of States and political
SubdiVISIOnS ................... .
3,000.00
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
93,714.65
Bank premises owned, furniture and
fixtures ........................ .
1.00
Real estate owned other than bank
1 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 .................. $ 665,957.19
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government ..... .
D';R~~~~n~f. ~~~~es ~~~- ~~!~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................... . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
443,816.33 3,943.35 None
107,542.95 4,818.44
51,236.12 None
None 2,400.00 30,000.00 20,000.00 2,200.00
None
Total Liabilities...............$ 665,957.19
4
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
WHEELER COUNTY STATE BANK Alamo, Ga.
As called for by the Superintendent of Banks
JIMMY D. NeSMITH, President
Date of Charter: 1-15-1945
R. U. BELL, Cashier.
Began Business: 1-17-1945
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 345,228.17
United States Government obliga-
tions, direct and guaranteed ..... .
304,062.50
Obliga~io;"~ of States and political
subdlvtSlOUS . . . . . . . . . . . . . . . . . . . .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
299,698.72
Bank premises owned, furniture and
fixtures........................ .
2,638.80
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
acceptan~-es outstanding ......... .
None
- - - - - - Other Assets..................... .
None
Total Assets ..................$ 951,628.19
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':Ji~~!l~n~f. ~~~~~s. ~~~. ~.o.~t.i~~~ ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilit.ies.................. .. Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
468,066.99 75,185.79 7,055.72 262,577.68 13,000.00
None None
None 2,090.00 25,000.00 75,000.00
None 23,652.01
Total Liabilities............... $ 951,628.19
STATEMENT Showing condition at the close of business December 31, 1957, 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 obligations, direct and guaranteed ..... . Obliga~io;"~ of States and political
subdivtSlODS. , ............
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
437,483.64 864,871.88
13,000.00 None None
407,129.29 8,440.68 None
None None None
Total Assets .................. $ 1, 730, 925. 49
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government..... .
D':Ji~!t~n~f. ~~~~~s. ~~~. ~.o~~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
972,276.24 398,017.13
7,602.93 109,482.22
None 6,468.94
None
None 20,852.47 60,000.00 70,000.00
1,225.56 85,000.00
Total Liabilities...............$ 1,730,925.49
THIRTY-EIGHTH ANNUAL REPORT
5
STATEMENT Showing condition at the close of business December 31, 1957, 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...... Obliga~io_n~ of States and political SUbdiVISIOnS.................... Other bonds, notPs, 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......................
77,686.17 490,084.79 172,065.09
None None 2,108,061.64 8,236.83 None
None None 5,094.47
Total Assets ..................$ 2,861,228.99
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D'Jl~!t~~f. ~~~~~s. ~~~- ~-o~~t~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
::: :::::::::::::::::::: :: Other liabilities................... .
~:r;~:!.
Undivided profits................. . Reserves........................ .
None 2,044,194.30
None
10,000.00 70,000.00
None None
None 322,960.05 150,000.00 45,000.00 119,074.64 100,000.00
Total Liabilities...............$ 2,861,228.99
STATEMENT Showing condition at the close of business December 31, 1957, 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...... $ United States Government obligations. direct and guaranteed ..... .
o'::~~0~f. .~~~~~.~~~. . ~~~~~~.I
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi1 rectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .
278,902.77 None
15,169.65 None None
2,042,962.39 19,723.75 None
None None None
Total Assets .................. $ 2, 356,758. 56
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... . DeP.o~i~s of States and political sub-
diVIsions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................... .
~:r;r~!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
None 1,578,588.16
None None None 2,155.00 None
None 383,569.40 100,000.00 200,000.00
92,446.00 None
Total Liabilities...............$ 2,356,758.56
..:.6_ _ _ _ _ _ _ _ _DEPARTMENT OF BA=N:..::cK=I=-N~G::...__ _ _ __
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF ALBANY Albany, Ga.
As call~ for by the Superintendent of Banks
W. D. OWENS,
H. R. KING, JR.
President.
Cashier.
Date of Charter: 3-9-1942
Began Business: 4-15-1942
================~~===============
ASSETS
Cash, balances with other banks, in-
clu:ling reserve balances, and cash
items in process of collection......$ 4,963,587.60
United States Government obliga-
tions, direct and guaranteed . .... . 2,259,741.66
Obliga~io.lll! of States and political
subdiVJstons . . . . . . . . . . . . . . . . . . . .
126,119.81
Other bonds, notes, and debentures..
499,825.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 4,871,347.59
Bank premises owned, furniture and
fixtures........................ .
161,098.09
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..................... .
5,928.23
Total Assets ..................$ 12,887,647.98
LIABILITIES
Demand deposits.................. $ 5, 790,934.12
Time depostts.................... . 2 ,876,997.33
Deposits of U. S. Government . . . . . .
145,216.32
D1;~~!t!n~~ ~~~~~s. ~~~ ~-o-~t.i~~l. ~~~ 1,703,985.64
Deposits of banks . . . . . . . . . . . . . . . . . 1,585,055.71
Other deposits (certified and officers'
checks, etc.) ................... .
43,869.91
Bills payable..................... .
None
Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... .
None
Other liabilities................... .
109,518.56
Capital. ......................... .
210,000.00
Surplus ......................... .
400,000.00
Undivided profits................. .
22,070.39
Reserves ........................ .
None
Total Liabilities...............$ 12,887,647.98
STATEMENT Showing condition at the close of business December 31, 1957, 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 . . . . . . Obliga~io.n~ of States and political
SUbdiVISIOnS. . . . . . . . . . . .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . . . . .
4,912,090.64 3 ,058, 126 .42 1,123, 176.08
124,328.13 None
7, 784,542.08 356, 899 .90 None
None None 50, 772 .00
Total Assets .................. $ 17,409,935.25
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
D1;~1!1!n~f ~~~~~s. ~~-d. p.~l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
~becks, ete.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Rcservrs ........................ .
7,646,359.36 4,087,272.89
562,065.37 2,248, 737.09 1,188,104.22
70,259.89 None
None 554,865.58 250,000.00 450,000.00 278,453.46 73,817.39
Total Liabilities............... $ 17,409,935.25
THIRTY-EIGHTH ANNUAL REPORT
STATEMENT Showing condition at the close of business December 31, 1957, 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
A. T. FLOWERS, Cashier.
Began Business: 6-1-1943
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed. . . . . . Obliga~io.~ of States and political
SUbdiVISIOns. . . . . . . .
Other bonds, notes, and debentures. . Corporate stocks (including stock of
Fedaral Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......................... 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. . . . . . . . . . . . . . . . . . . . . .
4,869,144.51 4, 743,085. 23
272,728.39 None None
8,256,994.66 450,000. 00 None
None None 19,099 .08
Total Assets..................S 18,611,051.87
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~i'!t~n~f. ~~~~s. ~~~. ~.l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
7,864,389.58 5,172,569.10
934,961.73 1,066,523.86 2,104. 516.26
49,448.85 None
None 302,618.65 300,000.00 500,000.00 316,023.84
None
Total Liabilities...............S 18,611,051.ff1
STATEMENT Showing condition at the close of business December 31, 1957, 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-
cluding reserve balances, and cash items in process of collection......S United States Government obligations, direct and guaranteed ..... .
0".:~t"J;~i~lm~:..~~~~~. ~~..~~~i~~".":1
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
506,265.49 711,802.00
None None None 647,611.27 3,546.53 None
None None None
Total Assets ..................S 1,869,225.29
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~i'!l~n~f. ~~~t~s. ~~~. ~.l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... .
~::;!f~!.::: :: :::::::::::: ::::::::
Undivided profits................. . Reserves........................ .
783,551.07 656,053.57
14,011.92
208,115.47 14,553.77
4,794.54 None
None 19,846.36 25,000.00 100,000.00 43,298.59
None
Total Liabilities...............$ 1,869,225.29
DEPARTMENT OF BANKIN--G--------------------
STATEMENT
Showing condition at the close of business December 31, 1957, of
ALMA EXCHANGE BANK Alma, Ga.
As called for by the Superintendent of Banks
VALENE BENNETT, President.
Date of Charter: 9-30-1939
M. E. JONES, Cashier.
Began Business: 10-14-1939
ASSETS Cash, balances with other banks, in, eluding reserve balances, and cash
items in process of collection......$ United States Government obliga-
tions, direct and guaranteed...... Obliga~io.n~ of States and political
subdivJstons. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......................... 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 Asaets.. . . . . . . . . . . . . . . . . . . . .
s TotalAssets ..................
704,358.72 750,421.88
None None None 1,156,332.60 40,000. 00 None
None None None 2,651,113.20
LIABILITIES Demand deposits.................$ Time depostts.................... Deposits of U.S. Government ..... .
D~~!l~n~f. ~~~~~s. ~~~ ~-ol~t.i~~~ ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................... .
~:pif!!. ::: : :: :: : :: :: :: : : :: : :: :: :
un'divided profits................. . Reserves ........................ .
1,144,279. 97 876,183.23 14,859.69 240,206.38 199,666.18 21,634.80 None
None None 50,000.00 100,000.00 4,282.95 None
Total Liabilities...............S 2,651,113. 20
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS STATE BANK Alma, Ga.
As called for by the Superintendent of Banks
L. ''f .HARRINGTON,
ALBERT A. PITTS, JR.
President.
Cashier.
Date of Charter: 4-2-1951
Began Business: 5-1-1951
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......S 481,016.00
United States Government obliga-
. tions, direct and guaranteed..... .
607,967.16
Obliga~io.n~ of States and political
subdivtstons................... .
80,702.24
Oth11r bonds, notes, and debentures..
5,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 622,664.85
Bank premises owned, furniture and
fixtures........................ .
12,868.73
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.................... ..
268.40
Total Assets..................S 1,810,487. 38
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D~!!~n~f. ~~~~s. ~~~- ~~~t~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
724,427.71 715,677.99
4,086.24 208,511.88
None 6,729.64
None
None 610.17 50,000.00 25,000.00 45,443.75 30,000.00
Total Liabilities...............$ 1,810,487.38
THIRTY-EIGHTH ANNUAL REPORT
9
STATEMENT Showing condition at the close of business December 31, 195.7, of
BANK OF COMMERCE Americus, Ga.
As called for by the Superintendent of Banks
CHARLES F. CRISP, President.
Date of Charter: 10-13-1891
H. P. ANDERSON, Cashier.
Began Business: 1-2-1892
ASSETS Cash, balances with other hanks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed. . . . . . Obliga~io.n~ of States and political SUbdiVISIOnS.................... Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Bank).. . . . . . . . . . Loans and discounts (including overdrafts) . . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises........................ Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.... . . . . . . Other Assets... . . . . . . . . . . . . . . . . . . .
1,073,221.13 2, 579,773.75 1,130,341.48
209, 812 .50 None
1, 797,999.68 15,000.00 500.00
None None None
Total Assets ..................S 6,806,648.54
LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U.S. Government ..... . DeJ!O~i!s of States and political sub-
divlatons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ................ Other liabilities................... .
~:r~f!!.::: :::::: ::::: :::: ::: ::: :
Undivided profits................. . Reserves........................ .
3,119,327.98 1,322,552.53
61,489.20 1,191,191.82
163,553.35 12,485.52 None
None None 200,000.00 200,000.00 241,548 ..14 294,500.00
Total Liabilities...............S 6,806,648.54
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS BANK OF AMERICUS Americus, Ga.
As called for by the Superintendent 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-
cludinp: reserve balances, and cash items In process of collection ...... S United States Government obligations, direct and guaranteed. . . . . . Obliga~io_n~ of States and political SUbdiVISIOnS.................... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)... . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises........................ Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .
932,339.87 1,567, 759.17
547,050.02 100,000.00
None 2,456,818.51
37,198.63 None
None None 5,169. 66
Total Assets..................S 5,646,335.86
LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~!f~n~f. ~~~~~s. ~~~ ~-~~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Biils payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
3,180, 716.29 1,180,500.10
64,773..47 790,193.69
3,891.26 857.57 None
None 46,000.00 100,000.00 100,000.00 111,403.48 68,000.00
Total Liabilities...............S 5,646,335.811
10
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, 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...... S 238,225.64
United States Government obliga-
tions, direct and guaranteed ..... .
369,258.61
Obliga~io!'~ of States and political
subdlVlSlons . .................. .
2,000.00
Other bonds, notes. and debentures..
48,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
346,443.68
Bank premises owned, furniture and
fixtures........................ .
855.10
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liabilitv to this bank on
acceptances outsianding......... .
None
Other Assets..................... .- - - -No-ne
Total Assets..................S 1,004,783.03
s LIABILITIES
Demand deposits.................. Time deposits.................... . Deposits of U.S. Government ..... .
D'ji~~1~n~f. ~~~~':". ~~~- ~o.l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
609,022.89 64,981.95 6,454.49
208,944.08 None None None
None 1,500.00 15,000.00 76,000.00 9,803.32 13,076.30
s Total Liabilities............... 1,004,783.03
STATEMENT Showing condition at the close of business December 31, 1957, 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-
cluding reserve balances, and cash items in process of collection......S United States Government obligations, direct and guaranteed...... Obliga~i~n~ of States and political SUbdiVISIOnS . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reservl' 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......................
523,966. 39 1,093, 734.64
54,449 .24 414,937.50
None 1, 501,945.41
49,508.88 None
None None None
Total Assets................. .S 3,638,542.06
LIABILITIES Demand deposits................. .S Time deposits.................... . Deposits of U. S. Government ..... . D<IJ?O~i~s of States and political sub-
diV18Ions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
1,492,280.04 1,381,538.47
19,544.62 390,332.35
16,230.11 2,448.42
None
None 16,735.07 100,000.00 100,000.00 119,43::!.98
None
Total Liabilities...............S 3,638,542.06
THIRTY-EIGHTH ANNUAL REPORT
11
STATEMENT Showing condition at the close of business December 31, 1957, 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, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......S United States Government obligations, direct and guaranteed ..... . Obliga~io_n~ of States and political
SUbdJVlSIODS , ...
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
285,284.90 1,126,000.00
6,100.00 None None
739,170.24 9,371.38 None
None None None
Total Assets ............... , .. $ 2,165,926.52
LIABILITIES Demand deposits.................. $ Time deposits.................... .
Deposits of U. S. Government . . . . . . Del?"~i\s of States and political sub-
dt\TJStons ..................
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . AcceptanPes executed by or for ac-
count of this bank and outstanding ................ ........... .
Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reser,~cs ........................ .
971,457.23 869,635.15
8,961.52
121,676.33 16,229.52
1,632.32 None
None None 25,000.00 100,000.00 51,334.45 None
Total Liabilities............... $ 2,165,926.52
STATEMENT Showing condition at the close of business December 31, 1957, of
HUBERT STATE BANK Athens, Ga.
As called for by the Superintendent of Banks
MRS. BLANCHE BRACKETT, President.
Date of Charter: 9-24-1949
MRS. VIRGINIA H. KELLAR, Cashier.
Began Business: 11-1-1949
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political subdiVISions ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ .
Real estate owned other than bank premises....................... .
Investments and other assets indirectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .
845,339.01 697,125.00 207,575.77 144,406.25
None 870,835.88 29,382.30
None
None None None
Total Assets .................. S 2,794,664.21
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeP,o~i\s of States and political sub-
divisions ...................... .
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... .
Acceptances executed by or for account of this bank and outstanding ........................... .
Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,453,681.63 775,604.00 13,840.07
331,970.25 None
17,001.60 None
None 9,863.67 100,000.00 35,000.00 57,702.99
None
Total Liabilities...............$ 2,794,664.21
12
DEPARTMENT OF BANKING-------------------------
STATEMENT
Showing condition at the elose of business December 31, 1957, of
THE BANK OF GEORGIA Atlanta, Ga.
As ealled for by the Superintendent of Banks
JOSEPH E. BIRNIE, President.
Date of Charter: 11-27-1933
R. A. RADFORD, Cashier.
Began Business: 12-5-1933
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 3,848,258.05
United States Government obliga-
tions, direct and guaranteed. . . . . . 9,183, 664.97
Obliga~io}l~ of States and political
SUbdiVISIOn&....................
749,813.17
Other bonds, notes, and debentures.. 300,000.00
Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . .
None
Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . 17, 718,772 .82
Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . . 763,159.35
Real estate owned other than bank
premises........................
None
Investments and other assets indi-
rectly representing bank premiees
or other real estate. . . . . . . . . . . . . .
None
Customers' liability to this bank on
acceptances outstanding..........
None
Other Aesets. . . . . . . . . . . . . . . . . . . . . . 840, 599.89
Total Assets..................$ 33,4(,268.25
LIABILITffiS
Demand deposits..................$ 11,744,131.89
Time depostts. . . . . . . . . . . . . . . . . . . . . 12,802, 973 .89
Deposits of U.S. Government......
298,971.06
D';E~~t~.:f. ~~~~~s. ~~~ ~-l~t~~~ ~~~ 4, 795,837.38
Deposits of banks.................
22,000.00
Other deposits (certified and officers'
checks, etc.) ................... .
297,159.84
Bills payable..................... .
None
Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... .
None
Other liabilities................... . 1,530,090.65
Capital.. ........................ . 600,000.00
Surplus ......................... . 1,000,000.00
Undivided profits................. .
213,103.54
Reserves ........................ .
100,000.00
Total Liabilities...............$ 33,4<,268.25
STATEMENT Showing condition at the elose of business December 31, 1957, of
THE CITIZENS & SOUTHERN BANK OF ATLANTA Atlanta, Ga.
As ealled for by the Superintendent of Banks
GEO. R. McKINNON, President.
Date of Charter: 9-20-1941
W. H. GILBERT, Cashier.
Began Business: 12-1-1941
ASSETS
LIABILITIES
Cash, balances with other banks, in-
Demand deposits.................. $ 16,034,262.38
cluding reserve balances, and cash
Time depostts..................... 8,955,396. 77
items in process of collection...... $ 9,811,584. 75
Deposits of U.S. Government......
359,398.04
United States Government obligations, direct and guaranteed...... 3,601,450.90
0';E~!!~n~~ ~~~~~~ ~~-~ -~~~~i~~~ ~~~ 412,735.75
Obliga~i~~ of States and political
Deposits of banks.................
None
subdiVlBtons....................
378,209.75
Other deposits (certified and officers'
Other bonds, notes, and debentures. .
50,000. 00
checks, etc.) ................... .
78,917.49
Corporate stocks (including stock of
Bills payable..................... .
None
Federal Reserve Bank)... . . . . . . . .
None
Acceptances executed by or for ac-
Loans and discounts (including over-
count of this bank and outstand-
drafts)......................... 14,707,691.34
ing ........................... .
None
Bank premises owned, furniture and
Other liabilities................... . 1,250,877.15
fixtures.........................
480,651.17
Capital. ......................... . 1,000,000.00
Real estate owned other than bank
Surplus ......................... .
600,000.00
.....:.,~:: :.-..
premises........................ Investments and other assets indi-
rectly representing bank premises orotherrealestate... ........... Customers' liability to this bank on
None 21,965.11
Undivided profits................. . Reserves ........................ .
252,315.07 175,360.00
acceptances outstanding. . . . . . . . . .
None
Other Aesets. . . . . . . . . . . . . . . . . . . . . .
67,709.63
Total Aesets .................. $ 29,119,262.65
Total Liabilities...............$ 29,119,262.65
---------------T-H~I~R=T=Y~-E=I=G=H=T=H=A~N~N~U==A~L=R=E~P~O-R-T-------------=13
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS TRUST COMPANY Atlanta, Ga.
As ealled for by the Superintendent of Banks
L. D. MILTON, President.
Date of Charter: 7~12-1921
M. W. HOUSTON, J~, Cashier.
Began Business: 8-17-1921
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed . . . . . . Obligs~io~~ of States and political
SUbdiVlStOns . ,................
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures.........................
Real estate owned other than bank premises.. 00 0 0 0 0 0 00 00 .. 00 00 0 00 0 0
Investments and other assets indirectly representing bank premises or otber real estate. . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding.. . . . . . . . .
Other Assets......................
1,630,214.32 2, 079, 574. 12
988,287.31 389,640.46
12,300.00 2,874,651.06
70,099.27 1.00
None None 47,390.93
Total Assets ..................$ 8,092,158.47
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government . . . . . . De~i~s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... .
~:r~f:!.:::::::::::::::::::::::::
Undivided profits................. . Reserves........................ .
3,661,443.19 3,362,758.69
102,265.52 115,200.00
None 85,251.60
None
None 148,894.03 300,000.00 UO,OOO.OQ 174,345.44 32,000.00
Total Liabilities...............$ 8,092,158.47
STATEMENT Showing condition at the close of business December 31, 1957, of
GEORGIA SAVINGS BANK & TRUST COMPANY Atlanta, Ga.
As ealled 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-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed . . . . . . Obliga~~~ of States and political
SUbdiVlStOns., ...... , .... , , , , ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts)......................... 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... . . . . . . . . . . . . . . . . . . .
1,128,017.08 6, 742, 509 . 18 1,015,054.21
183,172.00 562,263.49 9,230,895.26 110,863.13
None
None None None
Total Assets ..................$ 18,972,774.35
LIABILITIES
Demand deposits..................$ 97,266.25
Tinte depostts..................... 15,449,914.63
Deposits of U.S. Government......
4,304.29
De~i~s of States and political sub-
divistons. . . . .. . . . .. . . .. .. .. .. . .
82,157.27
])ejlOBits of banks. . . . . . . . . . . . . . . . . 130,000. 00
Other deposits (certified and officers'
checks, etc.) ................... .
1,331.00
Bills payable..................... .
None
Acceptances executed by or for ac-
count of this bank and outstand-
ing. 0 0 0 0 0 0 0 0 0 0 0 0. 0 0 0 0 0 0. 0 0 0 0 0
None
Other liabilities................... .
7,494.06
~:~~!.:::::: :: ::: ::: ::::: ::: :: :
500,000.00 1,000,000.00
Undivided profits................. . 225,017.39
Reserves ........................ . 1,475,289.46
Total Liabilities...............$ 18,972,774.35
14
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, 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......$ 877,644.28
United States Government obliga-
tions, direct and guaranteed ..... . 1,990,556.58
Obli.ga~io}l~ of States and political
subdiVISIOns ................... . 290,736.06
Other bonds, notes, and debentures..
823,881.37
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 3,411,274.70
Bank premises owned, furniture and
fixtures........................ .
70,091.24
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..................... .
34,288.72
Total Aseets ..................$ 7,498,472.95
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeP."'!its of States and political sub-
div18tons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .......... : ........ . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital.......................... . Surplus......................... . Undivided profits................. .
Reserves.....................
1,972,524.60 4,657,199.40
8,642.91 56,400.00
None
26,057.47 None
None 56,289.24 200,000.00 200,000.00 44,208.34 277,150.94
Total Liabilities...............$ 7.,498,472.95
STATEMENT Showing condition at the close of business December 31, 1957, 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 V. 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. . . . . . Obli.ga~io_n~ of States and political subdiVISions. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premises........................ Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .
61,220.53 None None None None
1,426,318.46 4 ,263 .96 None
None None 218. 33
Total Assets .................. $ 1,492,021.28
LIABILITIES Demand deposits................... S Time depos1ts.................... . Deposits of U.S. Government ..... . DeP."'!its of States and political sub-
diVIsions ...................... . Deposits of banks ................. . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities................... . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
953,000.00 None None None None None
477.59
None None 100,000.00 20,000.00 268,269.13 150,274.56
Total Liabilities...............$ 1,492,021.28
THIRTY-EIGHTH ANNUAL REPORT
15
STATEMENT Showing condition at the close of business December 31, 1957, of
SOUTH SIDE ATLANTA BANK Atlanta, Ga.
As called for by the Superintendent of Banks
B. H. THOMPSON, 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......S United States Government obliga-
tions, direct and guaranteed. . . . . . Obligat.io:n~ of States and political
subdiVISlOnS. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stork of
Federal Reserve Bank)........... Loans and discounts (including over. drafts).........................
Bank premises owned, furniture and fixtures.........................
Real estate owned other than bank premises.. . .. . . . . . . . . . . . . . . . . . . .
Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding..........
Other Assets. . . . . . . . . . . . . . . . . . . . . .
1,006,998. 58 2,951,601 .27
244,023. 24 None None
2,822,424.49 76,344.48 16, 629 . 72
None None 3, 024 .70
Total Assets ..................S 7 ,121, 046.48
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D1i~T!!~n~f ~~~t~s. ~~d. ~.o.l~t.i~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... .
~~~r~!..:: ::::::::::::::::::::::
Undivided profits................. . Reservf's ........................ .
3,058,895.97 2,900,922.97
102,546.09
408,400.00 70,305.98
62,172.38 None
None 103,714.02 200,000.00 100,000.00 114,089.07
None
Total Liabilities...............$ 7,121,046.48
STATEMENT Showing condition at the close of business December 31, 1957, of
TRUST COMPANY OF GEORGIA Atlanta, Ga.
As called for by the Superintendent of Banks
C. E. THWAITE, JR. President.
Date of Charter: 9-21-1891
STEVE H. BOMAR, Senior V. Pres. & Treas. Began Business: 11-8-1891
ASSETS
Cash, balances \\ith other banks, in-
cluding reserve balanf'<'S, and cash
items in process of collection...... $ 56,063.753.11
United States Government obliga-
tions, direct and guaranteed . . . . . . 34, 113,050. 98
Obli~at.io.n~ of States and political
SUbdiVISIOnS. . . . . . . . . . . . . . . . . . . . 8, 259,201 .00
Other bonds, notes, and debentures..
86,241.00
Corporate stocks (including stoek of
Federal ReservP. Bank)...........
312,000.00
Loans and discounts (including over-
drafts) . . . . . . . . . . .. . . . . .. . . . . . . . 87, !126, 245. 81
Bank premises owned, furniture and
fixtures......................... 3,206,964.24
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..........
925,000 00
Other Assets...................... 1,610,399.86
Total Assets.................. $192, 502,856.00
LIABILITIES
Demand deposits.................. $108,987,884.57
Time deposits.. . . . . . . . . . . . . . . . . . . . 14,252,691 .20
Deposits of l'. S. Government...... 3,854,701.14
Def?o~i!s of States and political sub-
dtvtstons ...................... . 9, 724,810.75
Deposits of banks ................ . 31,454,233.20
Other deposits (certified and officers'
checks, etc.) ................... . 2,704,589.79
Bills payable..................... .
None
Acceptances executed by or for ao-
eount of this bank and outstand-
ing ........................... .
925,000.00
Other liabilities................... . 2,591,128.99
Capital. ......................... . 4,090,000.00
Rurplus ......................... . 6,310,000.00
Undivided profits................. . 6,485,878.18
Reser,es ........................ . 1,121,938.18
Total Liabilities............... $192,502,856.00
16
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, 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
W. A. ROSSIGNOL, Cashier.
Began Business: 12-31-1892
ASSETS
Cash, balances with other banks, in-
cludinf; reserve balances, and cash
items m procees of collection...... $ 12,614,756.62
United States Government obliga-
tions, direct and guaranteed...... 10,074,740.39
Obliga~io!'!' of States and political
SUbdiVISIOn&.................... 3,341,413.61
Other bonds, notes, and debentures..
182,000.00
Corporate stocks (including stock of
Federal Reserve Bank)...........
90,000.00
Loans and discounts (including over-
drafts)......................... 27,022,041.27
Bank premises owned, furniture and
fixtures......................... 918,062.65
Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . .
50,245.46
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. . . . . . . . . . . . . . . . . . . . . . 202,504. 72
Total Assets..................$ 54,495,764.72
LIABILITIES
Demand deposits..................$ 21,187,077.44
Time depos1ts..................... 14,613,341.79
Deposits of U.S. Government...... 1,967,765.92
D';R~~l~n~f. ~~~~s. ~~- ~~t.i~ ~~~ 4,910,680.78
Deposits of banks................. 7,090,271.64
Other deposits (certified and officers'
checks, etc.) ................... .
276,138.72
Bills payable..................... .
None
Acceptances executed by or for ac-
count of this bank and outstand-
ing........................... .
None
Other liabilities................... .
649,487.28
Capital. ......................... . 1,500,000.00
Surplus ......................... . 1,500,000.00
Undivided profits................. .
801,001.15
Reserves ........................
None
Total Liabilities...............S 54,495,764. 72
STATEMENT Showing cOndition at the close of business December 31, 1957, of
REALTY SAVINGS BANK Augusta, Ga.
As called for by the Superintendent of Banks
J. LEE ETHERIDGE, 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. . . . . . Obli.ga~io.~ 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......................
488,565.27 541,762.51 1,050,468. 89
10,000.00 None
5,047,307.53 26,439.91 8,268.47
None None 11,423.07
Total Assets ..................$ 7,184,235.65
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D";R~!!~n~f. ~~~~~s. ~~. ~.o~~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... .
~:r~f:!.::: ::: :::::::::::::::::::
Undivided profits................. . Reserves........................ .
None 6,240,323.07
3,973.55 None None None None
None 36,484.81 200,000.00 200,000.00 84,761.44 418,692.78
Total Liabilities............... $ 7,184,235.65
THIRTY-EIGHTH ANNUAL REPORT
17
STATEMENT Showing condition at the close of business December 31, 1957, of
RICHMOND COUNTY BANK Augusta, Ga.
As called for by the Superintendent of Banks
BARNEY L. JORDAN, President.
Date of Charter: 5-25-1955
HENRY B. McNORRILL, Cashier.
Began Business: 11-18-1955
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 SUbdtVlSIOnS . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Co_l])Orate 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..................... .
456,086.82 610,516.00
19,397.97 15,000.00
None 808,998.15 78,477.97
None
None None 10,682.55
Total Assets ...............I 1,999,159 .46
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
D':fl~!!~n~f- ~~~t~s. ~~~- ~-o-~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
.._. _.: :: :: :: ::: :: :::: :: :: :: : Other liabilities.................. .
~:~r~!
Undivided profits................. . Reserves ........................ .
528,727.22 236,655.51
11,796.08 206,871.63 749,779.41
11,360.74 None
None 75,640.25 100,000.00 50,000.00 28,328.62
None
Total Liabilities.............. .1 1,999,159.46
STATEMENT
Showing condition at the close of business December 31, 1957, 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 with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 439,341.58
United States Government obliga-
tions, direct and guaranteed ..... . 1,785,972.99
Obliga~io.n~ of States and political
8UbdlVISJOD8 . .........
442,237.93
Other bonds, notes, and debentures..
189,490.63
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ................ ..... 1,026,858.92
Bank premises owned, furniture and
fixtures........................ .
28,596.32
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.................. I 3,912,498.37
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D':fl~!!~n~f- ~~~es ~~~- ~-o-~t-i~~~ ~~~
Deposits of banks ................ . Other deposits (certifi~-d and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities .................. .
~:pif~!. ::: : :: : : : : : : : : : : :: : : :: : : :
un'Jivided profits................. . Reserves ........................ .
2,232,413.60 1,334,371.45
20,155.02
123,341.79 None
14,900.96 None
None None 100,000.00 50,000.00 37,315.55 None
Total Liabilities.............. .1 3,912,498.37
18
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS AND SOUTHERN DEKALB BANK Avondale Estates, Ga.
As called for by the Superintendent of Banks
EUGENE T. JOHNSON, President.
Date of Charter: 11-16-1948
WILLIAM D. SKINNER, 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 ..... . Obliga~io.n~ of States and political
subdiVlSlODS ................
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
1,075,645.22 830,179.71 None 34,775.00 None
1,749,993.33 47,953.69 None
None None 14,287.79
Total Assets .................. $ 3,752,834.74
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
D';ll~~!!~n~f. ~~~~~s. ~~~. ~.o.l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,173,201.95 952,938.38 56,162.24 111,398.74 None 8,207.03 None
None 118,407.11 100,000.00 170,000.00 62,519.29
None
Total Liabilities...............$ 3,752,834.74
STATEMENT Showing condition at the close of business December 31, 1957, 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. W. EMANUEL, 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 obligations, direct and guaranteed. . . . . . Obliga~io.n~ of States and political subdtvlSIOns. . . . . . . . . . . . . . . . . . . . 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 <'State . . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . .
1,373,424.87 2, 545, 128.98
47, 568. 79 40,000.00
7, 500.00 1,589,823.26
10,975.6-l 73 ,426 . 59
None None 15, 569 . 19
Total Assets.................. $ 5,703,417.32
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government ..... .
D';li~i!!~n~f. ~~~tes ~~~. ~.o.l~t.i~al. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,671,866.09 1,628,769.53
48,581.24 876,999.12 114,999.15
24,826.00 None
None 19,476.39 100,000.00 150,000.00 67,899.80
None
Total Liabilities...............$ 5,703,417.32
THIRTY-EIGHTH ANNUAL REPORT
19
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS BANK Ball Ground, Ga.
As called for by the Superintendent of Banks
B. R. JONES, President.
Date of Charter: 9-28-192.6
E. W. WILKIE, Cashier.
Began Business: 10-1-1926
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... S 237,116.11
United States Government obliga-
tions, direct and guaranteed ..... .
779,024.38
Obliga~io_n~ of States and political
SubdiVISIOns . . . . , , . . . . . . . . , . , .. .
26,000.00
Other bonds, notes, and debentures..
10,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
474,171.91
Bank premises owned, furniture and
fixtures........................ .
5,237.40
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 ..................S 1,531,549.80
LIABILITIES Demand deposits................. .S Time depos1ts.................... . Deposits of U.S. Government ..... .
D':fi~!l~0~f- ~~~~~s. ~~~- ~-l~t-i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities .................. .
~~pif:!. ::: : : : : :: : :: ::: :::: :: :: ::
un'divided profits................. . Reserves ........................ .
877,965.41 117,273.58 39,279.96 288,356.30
None 1,443.00
None
None 6,000.00 45.000.00 45,000.00 66,231.55 45,000.00
Total Liabilities.............. .S 1,531,549.80
STATEMENT Showing condition at the close of business December 31, 1957, 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 Business: 8-25-1917
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 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.. . . . . . . . . . . . . . . . . . . . .
545,191.43 1 , 528,813. 37
142,017.64 None None
879,629.36 50,406.55 None
None None None
Total Assets................. .S 3,146,058.35
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D'ji~T!l~n~~ ~~~~~s. ~~- ~-ol~t-i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
rhecks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~~~f:!. ::: : :: :: :: : :: :: :: :: :: : : : :
Undivided profits................. . Reserves ........................ .
1,935,972.32 475,071.93 5,169.46
411,394.92 83,734.88
13,078.40 None
None 7,824.00 75,000.00 50,000.00 63,812.44 25,000.00
Total Liabilities.............S 3,146,058.35
20
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BLACKSHEAR BANK Blackshear, Ga.
As called for by the Superintendent of Banks
LEO J. ALLEN, President.
Date of Charter: 9-11-1891
H. M. MOODY, Cashier.
Began Business: 7-7-1892
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed...... Obliga~io.~ of States and politicsl subdivts1ons . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Res! 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......................
547,444.24 1,305,486.14
None 14,850.00 4,500.00 1,018,243.88 60,377.65
None
None None None
Total Assets..................$ 2,950,901.91
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeJ?o~i!s of States and political sub-
diVIstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
1,172,461.26 1,080,473.07
60,761.15
184,282.26 132,742.92
2,770.91 None
None 3,227.98 50,000.00 100,000.00 164,182.36
None
Total Liabilities...............$ 2,950,901.91
STATEMENT Showing condition at the close of business December 31, 1957, of
PEOPLES BANK Blackshear, Ga.
As called for by the Superintendent of Banks
ALVIN M. RATLIFF, President.
Date of Charter: 8-1-1946
J. A. McDUFFIE, Cashier.
Began Business: 8-5-1946
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 309,699.37
United States Government obliga-
tions, direct and guaranteed ..... .
738,946.78
0~~~~~on0:. -~~~~. ~~ .~~~~c_a~ 180,311.73
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
806,826.78
Bank premises owned, furniture and
fixtures........................ .
30,500.00
Res! 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......................
608.69
Total Assets..................$ 2,066,893 .35
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D~~!l~n~f. ~~~~- ~~- ~-~~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. .
~~f~!:::: :::: :::::: :: ::::::: :::
Undivided profits................. . Reserves........................ .
868,329.05 767,094.24 45,031.29
95,576.75 60,000.00
92.90 None
None None 50,000.00 50,000.00 30,769.12 100,000.00
Total Liabilities...............$ 2,066,893.35
THIRTY-EIGHTH ANNUAL REPORT
21
STATEMENT Showing condition at the close of business December 31, 1957, of
UNION COUNTY BANK Blairsville, Ga.
As called for by the Superintendent of Banks
E. S. DOCKERY, President.
Date of Charter: 2-18-1949
CATHERINE D. JARRETT, Cashier.
Began Business: 3-1-1950
ASSETS
Cash, balances with other banks, in-
cludinjr reserve balances, and cash
items 1n process of collection...... S 224,034.94
United Ststes Government obliga-
tions, direct and guaranteed ..... .
555,783.29
Obliga~io~ of Ststes and political
subdivistons . .................. .
7,967.15
Other bonds, notes, and debentures..
60,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 362,725.29
Bank premises owned, furniture and
fixtures........................ .
3,885.73
Real Pstste 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..................... .
424.29
Tots! Assets................ .S 1,214,820.69
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeP."'!i!s of Ststes and political sub-
diVISions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... .
::::::::::::::::::::::::: Other liabilities.................. .
~:::r:.
Undivided profits................. . Reserves........................ .
611,444.40 381,893.13
11,744.75
106,167.66 None
6,483.77 None
None 11,785.42 50,000.00 10,000.00 25,301.56
None
Tots! Liabilities..............S 1,214,820.69
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF EARLY Blakely, Ga.
As called for by the Superintendent of Banks
R. C. SINGLETARY, JR., President.
Date of Charter: 4-3-1941
E. T. CRAWFORD, Cashier.
Began Business: 4-28-1941
ASSETS
Cash, balances with other banks, in-
cludinjr reserve balances, and cash
items m process of collection......S 455,899.59
United States Government obliga-
tions, direct and guaranteed ..... .
958,626.52
Obliga~io_n~ of Ststes and political
SUbdiVISIOn&
None
Other bonds, notes, and debentures..
5,400.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 459,021.63
Bank premises owned, furniture and
fixtures ........................ .
19,589.00
Real estate owned other than bank
premises.............. .....
None
Investments and other assets indi-
rectly representing bank premisee
or other real estste ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
5,017.34
Total Assets..................S 1,903,554.08
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D~!l~~f. ~~~~- ~~ ~-~~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ..........................
Other liabilities .................. .
~=f~!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................
898,248.70 562,474.23 43,702.56
256,328.09 None
1,718.16 None
None 735.00 50,000.00 50,000.00 40,347.34
None
Tots! Linbilities.............. .S 1,903,554.08
22
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
FIRST STATE BANK OF BLAKELY Blakely, Ga.
As called for by the Superintendent of Banks
S. G. MADDOX, President.
Date of Charter: 5-6-1937
R. H. STUCKEY, Cashier.
Began Business: 5-15-1937
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~io_n~ of States and political
SUbdiVISlODS ................... ,
Other bonds, notes, and debentures. . Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......................... 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......................
1,237,631.19 755, 523.27 None 1. 00 None
1,027,245.62 11,853.10 None
None None 1.00
Total Assets..................$ 3,032,255.18
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D';Il~~!l~n~f. ~~~~~s. ~~~- ~-ol~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities.................. .
~~~f~!.::: ::::::::::::::::::: :::
Undivided profits................. . Reserves ........................ .
1,492,433.88 1,064,758.34
30,045.20 81,628.19
None 9,674.56
None
None 7,870.51 50,000.00 100,000.00 135,344.50 60,500.00
Total Liabilities...............$ 3,032,255.18
STATEMENT Showing condition at the close of business December 31, 1957, of
FANNIN COUNTY BANK Blue Ridge, Ga.
As called for by the Superintendent of Banks
J. M. EATON, JR., President.
Date of Charter: 5-29-1916
ANNABELLE SOWERS, Cashier.
Began Business: 6-6-1916
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... S 757,065.75
United States Government obliga-
tions, direct and guaranteed ..... .
756,057.00
Obliga~io_n~ of States and political
SUbdiVISIOnS .......
129,162.00
Other bonds, notes, and debentures..
22,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 857,391.99
Bank premises owned, furniture and
fixtures........................ .
2.00
Real estate owned other than bank
premises....................... .
1.00
In,estments and other assets indi-
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..................$ 2,521,679.74
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D';Il~!1~n~f. ~~~~~s. ~~ ~-ol~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
881,490.46 1,084,333.70
11,659.62
302,025.26 None
10,200.82 None
None 2,638.81 50,000.00 100,000.00 29,331.07 50,000.00
Total Liabilities...............S 2,521,679.74
---------------------T-H-I-R-T--Y---E-I-G-HTH
ANNUAL REPORT
23
~~---------------------------------
STATEMENT
Showing condition at the close of business December 31, 1957, of
PEOPLES BANKING COMPANY Boston, Ga.
As called for by the Superintendent of Banks
W. E. DAVIS, President.
Date of Charter: 1-29-1947
MARY R. LEAK, Cashier.
Began Business: 4-1-1947
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 127,230.69
United States Government obliga-
tions, direct and guaranteed ..... .
75,000.00
Obligat.io.n~ of States and political
SubdJVlSIODS ...
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
151,702.05
Bank premises owned, furniture and
fixtures........................ .
7,212.86
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. . . . . . . . . . . . . . . . . . . . . .-------3-0-2.-9-3
Tots! Assets ..................$ 361,448.53
LIABILITIES
Demand deposits.................. $ Time depostts.................... .
Deposits of U. S. Government . . . . . . Der.o~i!s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
207,482.09 52,517.27 None
57,216.73 None
None None
None None 25,000.00 10,000.00 9,232.44 None
Total Liabilities...............$ 361,448.53
STATEMENT Showing condition at the close of business December 31, 1957, of
THE COMMERCIAL BANK Bowdon, Ga.
As called for by the Superintendent of Banks
W. C. ROOP, President.
Date of Charter: 9-22-1926
W. H. BROCK, Cashier.
Began Business: 9-20-1926
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ United States Government obliga-
tions, direct and guaranteed...... Obliga~io_~ of States and political
subdiv1s1ons.................... Other bonds, notes, and debentures. . Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures.........................
Real estate owned other than bank premises........................
Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding.... . . . . . .
Other Assets......................
457,841.56 1,310,999.96
8,000.00 None None
823,214.60 6,542.44 None
None None None
Total Assets ..................$ 2,606,598.56
LIABILITIES Demand deposits..................$ Time deposts.................... . Deposits of U.S. Government ..... .
D';R~1!1!n~f. ~~~~- ~~~. ~-ol~t.i~~~ ~~~
Deposits of banks ................ .
Other deposits (certified and officers' checks, etc.) ................... .
Bills payable..................... .
Acceptances executed by or for account of this bank and outstanding ........................... .
Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .
1,811,575.14 474,548.97 3,492.50
64,247.63 None
12.93 None
None 14,235.96 50,000.00 50,000.00 100,000.00 38,485.43
Total Liabilities...............$ 2,606,598.56
24
DEPARTMENT OF BANKING
~---------------
STATEMENT
Showing condition at the close of business December 31, 1957, of
BRASELTON BANKING COMPANY Braselton, Ga.
As called for by the Superintendent of Banks
H. F. BRASELTON, President.
Date of Charter: 12-13-1948
JOHN 0. BRASELTON, JR., Cashier.
Began Business: 12-18-1948
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 142,302.70
United States Government obliga-
tions, direct and guaranteed ..... .
410,002.42
Obliga~io;D~ of States and political
SUbdiVISIOns ...
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
86,922.12
Bank premises owned, furniture and
fixtures........................ .
3,151.97
Real estate owned other than bank
premises....................... .
None
Investments and other aseeta indi-
rectly representing bank premises
or other real estate............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
--------- Other Assets..................... .
None
Total Assets................. .S 642,379.21
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government..... .
D~!~n~f. ~~~~B. ~~~ ~-ol~t~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
O tihnegr.l.iabilities . . . . . . . . . . . . . . . . . . . Capital. ......................... . Surplus ......................... . Undivided profits................ Reserves........................ .
372,283.61 None None
159,900.00 None None None
None None 25,000.00 75,000.00 10,195.60 None
Total Liabilities..............$ 642,379.21
STATEMENT Showing condition at the close of business December 31, 1957, of
COMMERCIAL & EXCHANGE BANK Bremen, Ga.
As called for by the Superintendent of Banks
J. S. McEACHERN, President.
Date of Charter: 1-18-1949
CLARK STAPLER, Cashier.
Began Business: 2-1-1949
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 1,292,088.04
United States Government obliga-
tions, direct and guaranteed ..... . 1,534,506.26
Obliga~io;D~ of States and political
SUbdiVISIOns ...
35,392.92
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 760,051.76
Bank premises owned, furniture and
fixtures........................ .
6,491.02
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..................... .- - - -1-4,-10-5-.7-4
Total Assets .................. $ 3, 642,635. 74
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... DeJ!O'i'i?' of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,135,439.32 821,216.89 223,739.95
185,443.54 29,665.08
8,551.14 None
None 1,448.23 50,000.00 120,000.00 15,014.69 52,116.90
Total Liabilities...............S 3,642,635.74
THIRTY-EIGHTH ANNUAL REPORT
25
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS & MERCHANTS BANK Brooklet, Ga.
As called for by the Superintendent of Banks
T. E. DAVES, President.
Date of Charter: 2-4-1948
H. M. ROBERTSON, JR., Cashier.
Began Business: 2-17-1948
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political subchvtstons . .................. . 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..................... .
219,476.14 61S,104.34
None None None 331,841.28 2,404.03 None
None None None
Total Assets ..................S 1,171,825. 79
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D'JlZ1!t~n~f. ~~~~s. ~~~ ~-I~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Sur!>Ius . . . . . . . . . . . . . . . . . . . . . . . . . . Undivided profits................. . Reserves........................ .
642,399.94 385,517.32
860.00 25,410.34
None 3,569.55
None
None None 25,000.00 45,000.00 24,068.64 20,000.00
Total Liabilities...............$ 1,171,825.79
STATEMENT
Showing condition at the close of business December 31, 1957, of
HARALSON COUNTY BANK Buchanan, Ga.
As called for by the Superintendent of Banks
H. S. McCALMAN, President.
Date of Charter: 3-3-1909
H. G. RICHARDSON, Cashier.
Began Business: 3-4-1909
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......S 529,573.18
United States Government obliga-
tions, direct and guaranteed ..... . 648,416.86
Obliga~io.n~ of States and political
subdiV18ions . . . . . . . . . . . . . . . . . . . .
31,170.50
Other bonds, notes, and debentures..
5,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 544,903.75
Bank premises owned, furniture and
fixtures ........................ .
19,258.40
Real estate owned other than bank
premises....................... .
1.00
Investments and other assets indi-
rectly representing bank premises
or otber real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total Assets .................. S 1 ,778,323. 69
LIABILITIES Demand deposits.................$ Time deposits.................... . Deposits of U.S. Government..... .
D'Ji~t~n~,f_ ~~~~~ ~~- ~~~~~ ~~~
DejlOIIits of banks ................ Other deposits (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. .
~~;f:.:::: :::::::::::::::::::::
Undivided profits................. . Reserves ........................
1,001,879.03 199,134.61 8,588.66 391,802.16 None 7,082.02 None
None None 40,000.00 60,000.00 63,337.21 6,500.00
Total Liabilities............... $ 1,778,323.69
26
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
BUENA VISTA LOAN & SAVINGS BANK Buena Vista, Ga.
As called for by the Superintendent of Banks
CLARKE W. DUNCAN, President.
Date of Charter: 9-22-1887
ARTHUR D. LOWE, Cashier.
Began Business: 9-1-1889
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... I 545,530.43
United States Government obliga
tiona, direct and guaranteed ..... .
673,221.88
Obligat.io.n~ of States and political
subdivtSIODB . .................. .
184,691.61
Other bonds, notes, and debentures..
8.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
626,766.72
Bank premises owned, furniture and
fixtures ........................ .
2.00
Real estate owned other than bank
premises....................... .
1.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
Other Assets..................... .
None
------
Total Assets..................$ 2,030,221.64
LIABILITIES Demand deposits..................I Time deposits.................... . Deposits of U. 8. Government . . . . . .
D':fl~i!!~n~f. ~~~~es_ ~~~- :.o.l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
846,216.62 274,333.04
15,220.04 740,669.03 42,232.37
6,874.56 None
None None 50,000.00 50,000.00 4,675.98 None
Total Liabilities............... I 2,030,221.64
STATEMENT
Showing condition at the close of business December 31, 1957, 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 balances, and cash
items in process of collection ...... I 479,777.47
United States Government obliga-
tions, direct and guaranteed ..... . 1,225,284.07
Obliga~io_n~ of States and political
subdtVISlODS . ..................
156,507.92
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
1.00
Loans and discounts (including over-
drafts). ....................... .
426,987.79
Bank premises owned, furniture and
fixtures........................ .
10,900.00
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate............. .
8,000.00
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - - Other Assets..................... .
4,400.00
Total Assets ................. .1 2,311,858.25
LIABILITIES Demand deposits..................1 Time deposits.................... . Deposits of U.S. Government ..... .
D~!!~n~f. ~~~~~s. ~~~- :.o.l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,381,537. 70 261,875.74 61,190.90 444,837.88 None 625.00 None
None 4,500.00 50,000.00 50,000.00 57,291.03
None
Total Liabilities...............1 2,311,858.25
THIRTY-EIGHTH ANN._:_U::::.:A=L-=R=EP=::...:O::.:R::.:T=---------=2::.:.7
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS STATE BANK Butler, Ga.
As called for by the Superintendent of Banks
W. H. VAN LANDINGHAM, President.
Date of Charter: 9-4-1926
MAESAL E. CHILDRES, Cashier.
Began Business: 9-4-1926
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political
subdJVlSlODS ... , ............
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
650,760.07 896,474.13
2,000.00 60,000.00
None 698,149.83
10,411.88 None
None None None
Total Assets .................. $ 2,317,795.91
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... .
D':ftZT!~~n~f. ~~~t~s. ~~~ ~o-l~t-i~~1 ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Biils payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,200,484.13 474,739.61 7,560.49
313,166.75 75,757.37
27,450.21 None
None None 30,000.00 140,000.00 31,753.20 16,884.15
Total Liabilities...............$ 2,317,795.91
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF BYROMVILLE Byromville, Ga.
As called for by the Superintendent of Banks
E. B. DAVIS, President.
Date of Charter: 7-19-1920
S. H. BUXTON, Cashier.
Began Business: 7-26-1920
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 217,586.43
United States Government obliga-
tions, direct and guaranteed ..... .
75,000.00
Obliga~io.n~ of States and political
subdiVlSlODS ...................
None
Other bonds, notes, and debentures..
85,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
202,774.77
Bank premises owned, furniture and
fixtures........................ .
50.00
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
None
acceptances outstanding......... .
- - - - - - Other Assets..................... .
None
Total Assets .................. $ 580,411.20
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . Del!o~i!s of States and political sub-
dtvisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Biils payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
399,107.59 59,042.75 None 39,637.03 None 4,831.61 None
None None 30,000.00 10,000.00 37,792.22 None
Total Liabilities...............$ 580,411.20
28
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
CAIRO BANKING COMPANY Cairo, Ga.
As called for by the Superintendent of Banks
H. E. McKINNON, President.
Date of Charter: 11-23-1903
T. R. HESTER, Cashier.
Began Business: 1-1-1900
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed ..... . Obliga~io}l~ 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..................... .
1,546,250.40 1,158,656.25
120,880.14 3,000.00 None
2,194,392.89 18,000.00 None
None None 4,545.00
Total Aesets .................. I 5,045,724. 68
LIABILITIES Demand deposits................. .1 Time deposits.................... . Deposits of U.S. Government ..... . DeJ!OI!i~s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................
2,433,097.12 1,781,955.68
41,030.40 456,110.57
6,739.27 23,086.26
None
None 12,000.00 100,000.00 100,000.00 91,705.38
None
Total Liabilities.............. .1 5,045,724.68
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS BANK Cairo, Ga.
As called for by the Superintendent of Banks
J. C. MINTER, President.
Date of Charter: 12-3-1903
J. A. JOHNSON, Cashier.
Began Business: 1-1-1904
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 919,061.07
United States Government obliga-
tions, direct and guaranteed ..... .
841,610.11
Obliga~io}l~ of States and political
SUbd.ivtSlODS . ............... ,
165,331.30
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ................... ..
979,589.85
Bank premises owned, furniture and
fixtures ........................ .
41,441.69
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..................... .
117.87
TotalAesets ..................l 2,947,151.89
LIABILITIES Demand deposits................. .1 Time depos1ts.................... . Deposits of U.S. Government .....
D";Il~!~.:f. ~~~~~s. ~~~- ~~~i~~ ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
1,452,708.28 949,728.36 12,855.18 228,258.80 47,190.56
23,495.41 None
None 7,300.00 50,000.00 100,000.00 75,615.30
None
Total Liabilities...............I 2, 947,151.89
THIRTY-EIGHTH ANNUAL REPORT
29
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF CAMILLA Camilla, Ga.
As called for by the Superintendent of Banks
W. W. BROOKS, President.
Date of Charter: 11-4-1889
J. E. BROOKS, JR., Cashier.
Began Business: 1-2-1890
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......S 710,397.35
United States Government obliga-
tions, direct and guaranteed ..... .
o~~~TOI:. -~~~~. ~~-. ~i~~~
723,387.78 85,211.77
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
759,638.13
Bank premises owned, furniture and
fixtures........................ .
31,003.56
Real estate owned other than bank
premises....................... .
1.00
Investments and other BSBets indi-
rectly representing bank premises
or other real estate............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total Assets .................. $ 2 ,309, 639 .59
LIABILITIES
Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D~!!:n~f. ~~~~s. ~~~- ~-ol~t.i~~~ ~~~
Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
947,485.69 516,809.41
8,267.26 681,525.34
None 15,170.59
None
None None 50,000.00 50,000.00 12,568.71 27,812.59
Total Liabilities...............$ 2,309,639.59
STATEMENT Showing condition at the close of business December 31, 1957, of
PLANTERS & CITIZENS BANK Camilla, Ga.
As called for by the Superintendent of Banks
E. J. VANN, JR., President.
Date of Charter: 9-20-1904
JOE B. ADAMS, Cashier.
Began Business: 5-24-1913
ASSETS Cash, balances with other banks, in-
clu~ reserve balances, and cash items1n process of collection......$ United States Government obligations, direct and guaranteed...... Obliga~io.n~ of States and political subdivisions. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)... . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Resl 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......................
869,662.63 701,525.91 84,148.08 250,000.00
None 1,550,160.90
99,750.00 21,861.80
None None None
Total Assets..................$ 3,577,109.32
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D'Jl~!!:.!f. ~~~~~s. ~~~ ~-~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
1,414,382.51 1,409,235.51
43,464.87 391,634.02
None 28,428.26
None
None None 100,000.00 150,000.00 7,480.31 32,483.84
Total Liabilities...............$ 3,577,109.32
30
DEPARTMENT OF BANKING
STATEMENT Showing eondition at the elose of business Deeember 31, 1957, of
BANK OF CANTON Canton, Ga.
As ealled for by the Superintendent of Banks
E. 0. McFATHER, President.
Date of Charter: 11-17-1892
L. L. McCANLESS, Cashier.
Began Business: 12-18-1892
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed...... Oblignt_iop~ of States and political
SUbdlVlSIOnS . . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premiss 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......................
967,082. 82 2,393,868.19
507, 006 .51 199,868.75
None 1, 731,160.42
19,465.18 None
None None 1,426.51
Total Assets .................. $ 5,819,878.38
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
D'Ji~!l~n~f State" ~~~. ~.o.l~t.i~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Rills payable..................... .
Acceptances executed by or for account of this bank and outstanding ........................... .
Other liabilities .................. .
Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,601,947.81 2,032,273.96
115,625.78
430,509.14 70,300.65
11,942.52 None
None 144,043.59 100,000.00 150,000.00 78,991.93 84,243.00
Total Liabilities............... $ 5,819,878.38
STATEMENT Showing eondition at the elose of business Deeember 31, 1957, of
ETOWAH BANK Canton, Ga.
As ealled for by the Superintendent of Banks
OLIN FINCHER, President.
Date of Charter: 1-22-1927
N. E. FACKLER, Cashier.
Began Business: 1-29-1927
ASSETS Cash, balances with other banks, in-
cluding reserve balanrcs, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~io.n~ of States and political
SUbdlVlSlOns. . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures. . Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts).........................
Bank premises owned, furniture and fixtures.... . . . . . . . . . . . . . . . . . . . . .
Real estate owned other than bank premises........................
Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding..........
Other Assets. . . . . . . . . . . . . . . . . . . . . .
699,761.74 2,512,456.06
425,228. 80 None None
1,686,297.55 46,937.74 None
None None None
Total Assets ..................$ 5,370,681.89
LIABILITIES Demand deposits..................$ Time deposits.................... .
Deposits of U. S. Government . . . . . .
D'Ji~T!l~n~f. ~~~~~.~~d. ~.o.l~t.i~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,041,785.39 2,394, 775.68
30,359.44
467,971.28 50,413.68
103.83 None
None 11,450.21 100,000.00 150,000.00 123,822.38
None
Total Liabilities...............$ 5,370,681.89
THIRTY-EIGHTH ANNUAL REPORT
31
STATEMENT Showing condition at the close of business December 31, 1957, of
THE PEOPLES BANK Carrollton, Ga.
As called for by the Superintendent of Banks
HORACE STEWART, President.
Date of Charter: 11-10-1909
SIMS HILL, Cashier.
Began Business: 12-1-1909
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io_n~ of States and political
SUbdlVISIODS. , .....
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ .
Bank premises owned, furniture and fixtures........................ .
Real estate owned other than bank premises....................... .
Investments and other assets indirectly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
1,270,117.71 1, 753,156.25
19,944.68 170,000.00
None 1,281,298.86
53,628.88 None
None None None
Total Assets.................. $ 4,548,146.38
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeJ?o~i!s of States and political sub-
diVISions .................
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:r;~~!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
3,526,925.05 None
80,011.71
448,357.36 None
22,455.16 None
None 903.33 100,000.00 100,000.00 50,188.15 219,305.62
Total Liabilities............... $ 4,548,146.38
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CARTERSVILLE BANK Cartersville, Ga.
As called for by the Superintendent of Banks
WALTER B. ATWATER, President.
Date of Charter: 11-20-1947
HUGH I. JACKSON, Cashier.
Began Business: 11-19-1948
ASSETS Cash, balances \\ith 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
SUbdlVlSlODS ........ ...
Other bonds, notes, and debentures. . Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . .
Loans and discounts (including overdrafts).........................
Bank premises owned, furniture and fixtures.........................
Real estate owned other than bank premises........................
Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding..........
Other Assets. . . . . . . . . . . . . . . . . . . . . .
323,976.65 1,142,687.75
122,650.41 None None
1,128, 765.23 83,220.17 None
None None 10, 769 .30
Total Assets .................. $ 2, 812 ,069 . 51
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
D':liZ~!t~n~f. ~~~~~s. ~~~- ~-ol~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,070,429.81 1,082,319.49
26,068.44
323,563.92 None
14,711.08 None
None 32,390.49 100,000.00 135,000.00 27,586.28
None
Total Liabilities...............$ 2,812,069.51
32
DEPARTMENT OF BANKING
~~~~~--------------------
STATEMENT Showing condition at the close of business December 31, 1957, of
COHUTTA BANKING COMPANY Chatsworth, Ga.
As ealled for by the Superintendent of Banks
R. E. CHAMBERS, President.
Date of Charter: 7-17-1905
FRANCES HEARTSELL, Cashier.
Began Business: 1-24-1906
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......S 399,162.68
United States Government obliga-
tions, direct and guaranteed ..... . 1,086,400.00
Obliga~~ of States and political
aubdiVlBlOns . . . . . . . . . . . . . . . . . . . .
83,795.16
Other bonds, notes, and debentures..
75,000.00
Corporate stocks (including stock of
Federal Reserve Bank) ..........
None
Loans and discounts (including over-
drafts) ........................ .
603,671.58
Bank premises owned, furniture and
fixtures........................ .
1,500.00
Real estate owned other than bank
premises....................... .
500.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets.....................
None
Total Assets...........$ 2,250,029 .42
LIABILITIES Demand deposita.................. S Time depoa1ta.................... . Deposita of U.S. Government ..... .
D';K~l~~~ ~~~~a. ~~~ ~o-~t.i~~ ~~~
Deposita of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,149,404.57 659,844.20 25,776.88 239,639.68 None 189.20 None
None None 50,000.00 50,000.00 50,000.00 25,174.89
Total Liabilities...............$ 2,250,029.42
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF CHICKAMAUGA Chickamauga, Ga.
As ealled for by the Superintendent of Banks
ELDER G. GLENN, President.
Date of Charter: 2-16-1910
N. COLLINS WRIGHT, Cashier.
Began Business: 5-10-1910
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......S United States Government obligations, direct and guaranteed ..... . Obliga~i~DJ;I of States and political subdtV18tons . . . . . . . . . . . . . . . . . . . . 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..................... .
413,626.52 862,230.00 184,637.67
17,000.00 None
890,581.94 18,204.00 None
None None None
Total Assets ..................$ 2,386,280.13
LIABILITIES Demand deposita..................$ Time depos1ta.................... . Deposita of U. S. Government ..... . De~i!a of States and political aub-
divistons ...................... . Deposits of banks ................ .
Other deposita (certified and officers' checks, etc.) ................... .
Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,023,472.11 833,777.13 91,900.87 202,049.12 None
9,650.84 None
None 11,506.74 50,000.00 100,000.00 13,923.32 50,000.00
Total Liabilities............... S 2, 386,280. 13
THIRTY-EIGHTH ANNUAL REPORT
33
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS & MERCHANTS BANK Chipley, Ga.
As called for by the Superintendent of Banks
HENRY ZACHRY, President.
Date of Charter: 3-22-1909
ROY ASKEW, Cashier.
Began Business: 4-19-1909
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed...... Obliga~i~n~ of States and political subdiVISIOnS . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets......................
764,524.72 1,222,813.36
22,788. 93 None None
670,207.92 4,473.00 1.00
None None None
Total Assets..................$ 2,684,808.93
LIABILITIES Demand deposits.................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeJ?o~i!s of States and political sub-
divtsJons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................. .. Capital. ......................... . Surplus ......................... . Undivided profits................ .. Reserves ........................
1,380,895.43 676,316.53 2,124.69 377,000.63 None 12,529.85 None
None None 50,000.00 75,000.00 100,941.80 10,000.00
Total Liabilities...............$ 2,684,808.93
STATEMENT
Showing condition at the close of business December 31, 1957, of
HABERSHAM BANK Clarkesville, Ga.
As called for by the Superintendent of Banks
W. F. HOLCOMB, President.
Date of Charter: 5-13-1904
W. W. DUNSON, Cashier.
Began Business: 5-1904
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed...... Obliga~iop~ 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 premisl'B..... . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets.. . . . .. . .. .. .. . . . . . .. .
456,270.35 1,234,087.95
154,771.31 None None
737,211.18 13,028.11 None
None None 2, 906.55
Total Assets..................$ 2,698,275.45
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D~~!~n~f. ~~~~s. ~~~ ~-ol~~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................. .. Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,295,283.65 842,084.52 37,517.38 210,165.00 None 4,741.36 None
None None 50,000.00 125,000.00 33,483.54 None
Total Liabilities...............$ 2,598,275.45
34
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, 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...... S United States Government obligations, direct and guaranteed ..... . Obligat.io.n~ of States and political
subdlvtSlODS ...................
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
512,955.92 628,999.30 257,669.74
None None 906,467.68 15,815.90 None
None None None
Total Assets..................$ 2,321,908.54
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D'di~i!!~n~f. ~~~~~s. ~~~. ~.o.l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Resenpes ........................ .
1,194,547.45 663,524.61 16,494.67 197,090.33 None 7, 795.29 None
None None 50,000.00 60,000.00 132,456.19 None
Total Liabilities...............$ 2,321,908.54
STATEMENT
Showing condition at the close of business December 31, 1957, 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......S United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political
subd1v1810ns .............
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
414,434.69 557,768.00 189,914.47
10,000.00 None
653,799.64 5,523.57 10,000.00
875.00 None None
Total Assets..................$ 1,842,315.37
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D'Ji~i!!~n~f. ~~~~s. ~~~ ~.o.l~t~~~l. ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital.. ........................ . Surl'lus ......................... . Undivided profits................. . Reserves ........................ .
1,001,900.73 460,962.60 11,280.00 174,078.07 38,405.74
1,909.26 None
None 5,983.33 50,000.00 50,000.00 47,795.64
None
Total Liabilities...............$ 1,842,315.37
THIRTY-EIGHTH ANNUAL REPORT
35
STATEMENT
Showing condition at the close of business December 31, 1957, 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-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed ..... . Obliga~io!'~ of States and political subdtvtstons . .................. . 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..................... .
760,970.35 975,654.00
98,000.00 None None
406,816.54 10,500.00 None
None None None
Total Assets .................. $ 2,251, 940.89
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D";H~!!~n~~ ~~~~~~ ~~d ~.~l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,829,293.96 None
8,943.75 188,266.54
None 5,427.95
None
None 146.24 50,000.00 150,000.00 19,862.45
None
Total I,iabilities...............$ 2,251,940.89
STATEMENT Showing condition at the close of business December 31, 1957, 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...... $ 371,588.16
United States Government obliga-
tions, direct and guaranteed ..... . 453,887.43
Obliga~io!'~ of States and political
subdtVlBlODS ................ , ..
186,125.24
Other bonds, notes, and debentures..
124,625.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
757,346.73
Bank premises owned, furniture and
fixtures........................ .
9,091.70
Real estate owned other than bank
premises....................... .
14,266.67
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..................... .
240.57
Total Assets ..................$ 1,917,171.50
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D";H~!!~n~~ ~~~~~s. ~~~ ~.~l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
920,152.72 620,402.04
16,096.10 173,632.99
None 3,945.24
None
None None 70,000.00 70,000.00 42,942.41 None
Total Liabilities............... $ 1,917, 171. 50
36
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
COOK BANKING COMPANY Cochran, Ga.
As called for by the Superintendent of Banks
TAYLOR COOK, President.
Date of Charter: 4-24-1942
MRS. C. M. FULTON, Cashier.
Began Business: 7-1-1942
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed...... Obliga~iop~ of States and political subdiVISions . . . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . 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......................
652,493.47 522,350.94
None None None 1, 034.427.77 8,091.00 None
None None None
TotalAssets..................$ 2,217,363.18
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D";ll~!l~Z:f. ~~~~~s. ~~~ ~-ol~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... .
::: ::::::::: :: :: ::: :: ::: : Other liabilities.................. .
~~r;r~!.
Undivided profits................. . Reserves ........................ .
977,583.67 575,946.84 32,576.31 411,962.19
37,331.07 1,796.58 None
None None 60,000.00 40,000.00 50,166.52 30,000.00
Total Liabilities...............$ 2,217,363.18
STATEMENT Showing condition at the close of business December 31, 1957, of
STATE BANK OF COCHRAN Cochran, Ga.
As called for by the Superintendent of Banks
L. S. LEACH, President.
Date of Charter: 12-22-1921
ELIZABETH FISHER TAYLOR, Cashier.
Began Business: 1-5-1922
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 586,432.98
United States Government obliga-
tions, direct and guaranteed ..... . 592,980.32
Obliga~io.n~ of States and political
subdiVlStons . . . . . . . . . . . . . . . . . . . . 193,125.81
Other bonds, notes, and debentures..
195,019.86
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 633,057.56
Bank premises owned, furniture and
fixtures........................ .
2.00
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate............ ..
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total Assets ..................$ 2,200,618.53
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... . DeJ?O!i~ of States and political sub-
diviatona ...................... .
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) .................. .. Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... .
:::: :: :: ::: :: ::: :: ::::: :: Other liabilities.................. .
~~r;r:!.
Undivided profits................. . Reserves........................ .
898,396.53 740,920.37
19,533.22 352,273.64
None 6,776.09
None
None 30,300.84 50,000.00 50,000.00 22,417.84 30,000.00
Total Liabilities...............$ 2,200,618.53
THIRTY-EIGHTH ANNUAL REPORT
37
STATEMENT
Showing condition at the close of business December 31, 1957, of
BANK OF COLLEGE PARK College Park, Ga.
As called for by the Superintendent of Banks
J. W. STEPHENSON, President.
Date of Charter: 10-4-1945
JNO. L. McCAY, Cashier.
Began Business: 1-7-1946
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obliga~i~~ of Statea and political subdivisions . .................. . Other bonds, notes, and debentures.. Co!Porate 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..................... .
690,436.97 929,962.20
13,811.03 135,000.00
None 1,187,835.82
22,130.27 20,000.00
None None 10,266.78
Total Assets..................$ 3,009,443.07
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D'Jl~!l~n~~ ~~~~~s. ~~~- ~.o..~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
1,589,880.14 892,928.40 17,167.99 207,322.46 10,000.00 997.50 None
None 71,313.16 75,000.00 75,000.00 44,833.42 25,000.00
Total Liabilities............. $ 3,009,443.07
STATEMENT
Showing condition at the close of business December 31, 1957, of
CITIZENS BANK Colquitt, Ga.
As called for by the Superintendent of Banks
G. C. JINKS, SR. President.
Date of Charter: 3-24-1924
G. C. JINKS, JR., Cashier.
Began Business: 4-21-1924
ASSETS Cash, balances with other banks, in-
cludinj! reserve balances, and cash items m process of collection...... $ United States Government obligations, direct and guaranteed...... Obliga~i~n~ of States and political subdivisions.................... Other bonds, notes, and debenturt's.. 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 othl'r real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Assets......................
653,725.14 554,196.38
50,228.07 259,846.88
6,000.00 1,558,627.36
None None
None None None
Total Assets .................$ 3,082,623.83
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D~~~n~f. ~~~~~s. ~~ ~~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities ................. Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................
1,693,851.30 898,308.60 30,474.92 190,520.35 None 4,752.28 None
None 27,079.25 100,000.00 100,000.00 12,637.13 25,000.00
Total Liabilities............... $ 3,082,623.83
38
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
COLUMBUS BANK AND TRUST COMPANY Columbus, Ga.
As called for by the Superintendent of Banks
J. J. PEASE, President.
Date of Charter: 12-24-1888
H. C. GOETTING, Cashier.
Began Business: 4-1-1889
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 11,141,796.79
United States Government obliga-
tions, direct and guaranteed...... 6,515,249.92
Obliga~i~n~ of States and political
subdivtstons. . . . . . . . . . . . . . . . . . . .
646,963. 26
Other bonds, notes, and debentures..
22,500.00
Corporate stocks (including stock of
Federal Reserve Bank)...........
123,996.00
Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . 16,157,562.78
Bank premises owned, furniture and
fixtures..... . . . . . . . . . . . . . . . . . . . . 1,577, 901.90
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......................
16,760.98
Total Assets..................$ 36,202,731.63
LIABILITIES
Demanddeposits.................. $ 19,720,761.46
Timedepostts........ ............. 7,551,996.12
Deposits of U.S. Government......
729,285.87
D'Jl~!i~n~f. ~~~~~s. ~~~ ~~l~t.i~~~ ~~~ 3,067,740.18
Deposits of banks. . . . . . . . . . . . . . . . . 1,179, 225. 82
Other deposits (certified and officers'
checks, etc.) ................... .
167,523.51
Bills payable..................... .
None
Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... .
None
Other liabilities .................. . 345,203.40
Capital.. ........................ . 1,000,000.00
Surplus ......................... . 1,500,000.00
Undivided profits................. .
940,995.27
Reserves ........................ .
None
Total Liabilities............... $ 36,202,731.63
STATEMENT Showing condition at the close of business December 31, 1957, of
TRUST COMPANY OF COLUMBUS Columbus, Ga.
As called for by the Superintendent of Banks
F. G. LUMPKIN, JR. President.
Date of Charter: 12-16-1892
J. D. BOX, V. President. Began Business: 1892
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 171,468.78
United States Government obliga-
tions, direct and guaranteed ..... .
None
Obliga~i~n~ of States and political
subdiV18Ions . . . . . . . . . . . . . . . . . . . .
52,756.83
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
1,510.46
Loans and discounts (including over-
drafts) ........................ . 779,785.62
Bank premises owned, furniture and
fixtures........................ .
3,754.49
Real estate owned other than bank
premises....................... .
144,103.46
Investments and other assets indi-
rectly representing bank premises
or other real estate............. .
6,000.00
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
760.86
Total Assets .................. $ 1,160,140.50
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... . DeJ!OI!i~s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
None 522,353.93
None None None
None None
None 127,763.83 100,000.00 200,000.00 210,022.74
None
Total Liabilities...............$ 1,160,140.50
THIRTY-EIGHTH ANNUAL REPORT
39
STATEMENT Showing condition at the close of business December 31, 1957, of
MERCHANTS & FARMERS BANK Comer, Ga.
As called for by the Superintendent of Banks
JOHN H. TERRELL, JR. President.
Date of Charter: 10-3-1935
MRS. M. B. BOOTH, Cashier.
Began Business: 10-10-1935
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 159,518.38
United States Government obliga-
tions, direct and guaranteed ..... .
725,138.72
ObJ~\~ls~OI~:..~~~~. ~~.. ~~~~~ 48,378.22
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank} .......... .
None
Loans and discounts (including over-
drafts} ........................ . 350,002.35
Bank premises owned, furniture and
fixtures........................ .
6,529.59
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..................... .
860.44
Total Assets ..................$ 1,290,427.70
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D';ll~!l~n~f. ~~~~s. ~~~. ~.o.l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.} ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves........................ .
678,492.50 188,806.90
7,250.17
304,076.93 None
1,775.00 None
None None 25,000.00 20,000.00 65,026.20 None
Total Liabilities...............$ 1,290,427.70
STATEMENT Showing condition at the close of business December 31, 1957, of
NORTHEASTERN BANKING COMPANY Commerce, Ga.
As called for by the Superintendent of Banks
SAM HOOD, President.
Date of Charter: 8-25-1891
R. M. DAVISON, Cashier.
Began Business: 1892
ASSETS
Cash, balances with other banks, in-
cludinf: reserve balances, and cash
items m process of collection......$ 732,614.84
United States Government obliga-
tions, direct and guaranteed ..... .
760,937.92
ObJ~~ls~OI~:..~~~~. ~~~..~~~i~~~l
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank} .......... .
3,000.00
Loans and discounts (including over-
drafts} ........................ .
649,011.85
Bank premises owned, furniture and
fixtures ........................ .
21,671.99
Real estate owned other than bank
premises....................... .
7,000.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets.....................
None
Total Assets..................$ 2,174,236.60
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D';ll~~!t~n~f. ~~~~s. ~~~. ~.o.l~t~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.} ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ...................... Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
1,414,046.14 322,670.38 44,598.75
205,338.55 None
8,525.64 None
None 2,788.10 50,000.00 50,000.00 65,933.04 10,336.00
Total Liabilities...............$ 2,174,2311.60
40
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, 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-
cludin!( reserve balances, and cash
items m process of collection...... $ 200,030.70
United States Government obliga-
tions, direct and guaranteed ..... .
180,000.00
Obliga~io.~ of States and political
SubdiviSIOnS ................... .
None
Other bonds, notes, and debentures..
77,987.50
Corporate stocks (including stock of
Federal Reserve Bank) ........
None
Loans and discounts (including over-
drafts} ........................ .
54,847.38
Bank premises owned, furniture and
fixtures.................. .
721.40
Real estate owned other than bank
premises....................... .
1.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - - Other Assets..................... .
None
Total Assets..................$ 513,587.98
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U. S. Government ..... .
D'Jl~~l~.!f. ~~~~s. ~~~- ~-l~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................
349,888.37 64,416.41 5,363.93 48,185.26 None 981.33 None
None None 25,000.00 15,000.00 4,752.68 None
Total Liabilities...............$ 513,587.98
STATEMENT Showing condition at the close of business December 31, 1957, 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-
cludinj( reserve balances, and cash
items m process of collection......$ 487,297.26
United States Government obliga-
tions, direct and guaranteed..... . 997,323.76
Obliga~io~ of States and political
SubdiVISIOns ................... .
134,747.19
Other bends, notes, and debentures..
664,062.50
Corporate stocks (including stock of
Federal Reserve Bank} .......... .
None
Loans and discounts (including over-
drafts} ........................ .
729,740.85
Bank premises owned, furniture and
fixtures.................
6,979.00
Real estate owned other than bank
premises....................... .
None
Investments and other aesets indi-
rectly representing bank premises
or other real estate............. .
None
Customers' liability to this bank on
acceptances outstanding.........
None
- - - - - Other Assets..................... .
None
Total Assets .................. $ 3 ,020, 150. 56
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeJ?O!i!s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.} ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,853,035.79 396,833.93 32,687.04 478,249.20 None 450.00 None
None None 80,000.00 80,000.00 98,894.60 None
Total Liabilities...............$ 3,020,150.56
THIRTY-EIGHTH ANNUAL REPORT
41
STATEMENT
Showing condition at the close of business December 31, 1957, of
FARMERS & MERCHANTS BANK OF COOLIDGE Coolidge, Ga.
As called for by the Superintendent of Banks
H. L. TUCKER, President.
Date of Charter: 12-18-1911
W. C. GIBSON, Cashier.
Began Business: 11-20-1911
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 136,025.52
United States Government obliga-
tions, direct and guaranteed ..... . 220,570.36
Ob~~f,~fl~~m~:. -~~~ . ~~- .~~~i~~~ 15,000.00
Other bonds, notes, and debentures..
79,975.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
258,479.09
Bank premises owned, furniture and
fixtures........................ .
1,639.66
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . . . .
None
Customers' liability to this bank on
acceptances outstanding..........
None
- - - - - - Other Assets.. . . . . . . . . . . . . . . . . . . . .
1, 777.22
Total Assets.................$ 713,466.85
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D':lfvl!!~n~f. ~~~~~s. ~~~ ~-l~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................
393,930.90 140,347.47
7,504.06 103,923.30
5,062.32 198.80 None
None None 25,000.00 25,000.00 12,500.00 None
Total Liabilities...............S 713,466.85
STATEMENT Showing condition at the close of business December 31, 1957, 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. FLEEMAN, Cashier.
Began Business: 6-15-1927
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in procese of collection......S 896,927.54
United States Government obliga-
tions, direct and guaranteed..... . 1,480,375.00
0~~~~0::. -~~~. ~~- -~~~~":'~
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 904,008.15
Bank premises owned, furniture and
fixtures ........................
17,500.00
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
~~!~be~er::/':~~~- ~~- ~~~
None
Customers' liability to this bank on
acceptances outstanding.........
None
- - - - - Other Assets..................... .
None
Total Assets .................$ 3,299,310.69
LIABILITIES Demand deposits.................$ Time deposits.................... . Deposits of U.S. Government..... .
D':lfvi!~n~~ ~~~~- ~~~ ~l~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... Surplus ......................... . Undivided profits................. Reserves ........................ .
2,912,691.89 None
7,996.58 118,316.06
None 19,075.87
None
None None 50,000.00 50,000.00 116,083.51 25,146.78
Total Liabilities...............$ 3,299,310.69
42
DEPARTMENT OF BANKING
--~-------------------
STATEMENT
Showing condition at the close of business December 31, 1957, 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......$ 944,409.00
United StatP.s Government obliga-
tions, direct and guaranteed ..... . 1,534,692.88
Obliga~io_n~ of States and political
subdivlSJODB . ...............
391,405.39
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 1,145,627.34
B.snk premises owned, furniture and
fixtures ........................ .
23,988.90
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 Aasets..................... .
None
Total Assets..................$ 4,040,123.51
LIABILITIES Demand deposits..................$ Time deposts.................... . Deposits of U.S. Government ..... .
D'ji~~!l~n~f. ~~~~~s. ~~. ~.o.~t.i~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:r~f:!.::: ::::::: :: ::: :: ::::: :::
Undivided profits................. . Reserves ........................ .
2,760,473.87 573,419.64 44,722.04 220,350.60 100,387.10 15,145.00 None
None None 50,000.00 50,000.00 87,209.61 138;415.65
Total Liabilities...............$ 4,040,123.51
STATEMENT Showing condition at the close of business December 31, 1957, of
CORNELIA BANK Cornelia, Ga.
As called for by the Superintendent of Banks
C. C. KIMSEY, President.
Date of Charter: 7-3-1900
C. C. KIMSEY, JR., Cashier.
Began Business: 8-4-1900
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 722,592.95
United States Government obliga-
tions, direct and guaranteed ..... . 1,962,778.37
Obliga~io_n~ of States and political
subdiviStons ................... .
216,708.06
Other bonds, notes, and debentures..
86,988.75
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 1,147,460.60
Bank premises owned, furniture and
fixtures........................ .
30,200.00
Real estate owned other than bank
premises....................... .
4.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - - Other Assets..................... .
None
Total Assets ..................$ 4,166,732.73
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U. S. Government ..... . DeJ?O~i!s of States and political sub-
dlvtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ........................ .. Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,113,993.95 1,306,352.12
82,193.12 239,472.34 89,069.58
7,125.18 None
None 6,163.40 75,000.00 150,000.00 97,363.04
None
Total Liabilities...............$ 4,166,732.73
THIRTY-EIGHTH ANNUAL REPORT
43
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF COVINGTON Covington, Ga.
As called for by the Superintendent 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 hanks, in-
cluding reserve balances, and cash
items in process of collection...... S 1,055,758.94
United States Government obliga-
tions, direct and guaranteed ..... . 1,895,234.95 Obliga~io.n~ of States and political
subdtvtstons ................... .
413,200.02
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 1,860,136.80
Bank premises owned, furniture and
fixtures ........................ .
19,158.19
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..................... .
82,644.68
Total Assets ..................S 5,326, 133. 58
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government..... . DeP.o~i!s of States and political sub-
divJsions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. .
~~~;f~!.::: ::::::::: :::::::::::::
Undivided profits................. . Reserves ........................ .
2,949,364.96 1,199,998.74
46,710.32 363,685.29
None 8,601.64
None
None 51,283.32 100,000.00 300,000.00 106,489.31 200,000.00
Total Liabilities...............$ 5,326,133.58
STATEMENT
Showing condition at the close of business December 31, 1957, 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......S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and pclitical
SubdtVJSIODS , ....
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
456,550.20 344,396.45
None 115,000.00
None 493,935.79
26,500.00 None
None None 456.45
Total Assets..................$ 1,436,838.89
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D";H~!l~n~f. ~~~~~s. ~~~- ~-ol~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~U~np~ivfi~d!e:d::p:r:o:fi:t:s:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.:.
Reserves ........................ .
684,459.07 427,021.24
6,622.40
209,744.87 None
3,737.34 None
None None 30,000.00 70,000.00 5,253.97 None
Total Liabilities...............$ 1,436,838.89
44
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, 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......S United States Government obligations, direct and guaranteed ..... . Obliga~io_ll!l of States and political
SUbdiVlSIOns .........
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
258,332.13 497,746.92
None None None 369,715.46 15,195.57 None
None None None
Total Assets ..................S 1, 140,990.08
LIABILITIES Demand deposits..................S Time depos1ts.................... . Deposits of U.S. Government ..... .
D';ll~!l~n~f- ~~~~~s. ~~~- ~-~l~t.i~~ ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital......................... .. Surplus ......................... . Undivided profits................. . Reserves ........................
425,794.57 486,879.93
None 160,000.00
None 1,451.90
None
None None 25,000.00 25,000.00 16,863.68 None
Total Liabilities..............S 1,140,990.08
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF CUMMING Cumming, Ga.
As called for by the Superintendent of Banks
ROY P. OTWELL, SR. 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......S United States Government obligations, direct and guaranteed ..... . Obliga~io,n~ of States and political
SUbdivtSIOnS ........
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
797,620.96 1,552,284.60
51,553.64 6,000.00
None 940,319.18
22,826.62 None
None None None
Total Assets .................S 3,370,605.00
LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U.S. Government ..... .
D';ll~!!~n~f- ~~~~~s- ~~~- ~-l~t-i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,016,666.67 670,522.14 22,046.12 344,382.69 None 7,690.67 None
None 10,000.00 100,000.00 100,000.00 39,296.71 60,000.00
Total Liabilities...............S 3,370,605.00
THIRTY-EIGHTH ANNUAL REPORT
45
STATEMENT Showing condition at the elose of business December 31, 1957, of
CITIZENS BANK Cuthbert, Ga.
As ealled for by the Superintendent of Banks
C. 0. JOHNSON, President.
Date of Charter: 2-7-1938
M. C. SUTTON, Cashier.
Began Business: 3-1-1938
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proceBS of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political
BUbdiVlBlODS , .............
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts {including over-
drafts) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Bank premises owned, furniture and
fixtures........................ . Res! estate owned other than bank
premises....................... . Investments and other 1188ets indi-
rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
TotalAssets .................. s
447,937.74 865,764.60 25,140.82 185,000.00
None 842,632.42
18,800.12 None
None None 290.06 2,385,565.76
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government..... . De~i~s of States and political sub-
divisions ...................... . DejlOBits of banks ................ . Other deposits {certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other liabilities .................. .
~:~~!.:::: :::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
1, 772,921.29 97,323.63 12,530.04 217,254.09 10,000.00 11,106.07 None
None None 25,000.00 75,000.00 154,430.64 10,000.00
Total Liabilities............. .1 2,385,585.76
STATEMENT Showing condition at the elose of business December 31, 1957, of
BANK OF DAHLONEGA Dahlonega, Ga.
As ealled for by the Superintendent of Banks
J. S. SPEER, 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 Government obligations, direct and guaranteed ..... . Obliga~io_n~ of States and political
8UlxilV1810DS .... , .........
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts {including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and other 1188ets indi-
rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
392,597.21 784,415.50 34,537.78
None None 639,171.70 12,996.56 None
None None None
Total Assets ..................1 1,863,718.75
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... . De~i~s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits {certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
1,186,622.20 233,139.98 14,427.24 255,664.82 None 2,017.19 None
None 255.00 50,000.00 50,000.00 71,592.32
None
Total Liabilities...............1 1,863,718.75
46
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, of
THE BANK OF DALTON Dalton, Ga.
As ealled for by the Superintendent of Banks
JAMES J. COPELAND, President.
Date of Charter: 12-26-1911
MARGARET MAULDIN, Cashier.
Began Business: 10-12-1912
ASSETS Cash, balances with other banks, in-
eluding reserve balances, and cash items in proceBB of collection ...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~io_n~ of States and political SUbdiVISIOnS. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)... . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises........................
Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding..........
Other Assets......................
736,018.14 1,120, 684.91
25,588. 68 100,000.00
None 1,475,232.05
32,184.39 None
None None 1,196.44
Total Assets ................. .S 3,490,904.61
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S Government ..... .
D':Ji~~l~n~f- ~~~~~s- ~~~- ~-ol~t-i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,561,097.86 1,013, 741.55
101,111.07 398,018.96
None 10,493.82
None
None 42,930.32 50,000.00 200,000.00 73,793.04 39,717.99
Total Liabilities.............. .S 3,490,904.61
STATEMENT
Showing condition at the close of business December 31, 1957, of
HARDWICK BANK & TRUST CO. Dalton, Ga.
As ealled for by the Superintendent of Banks
F. L. WILLIAMSON,
A. J. SECORD,
President. Date of Charter: 2-17-1922
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~io_n~ of States and political subdivisions.................... Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Bank). . . . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises........................ Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other ABBets......................
1,878,347.83 2 ,435, 569 .98
198,832.38 5,000. 00 19,697. 54
3,109,804.15 88,521.62 None
None None None
Total ABBets .................. S 7, 735, 773 .50
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D':Ji~'i~!~n~f- ~~~~~s- ~~~- ~-ol~t-i~~l ~~~
Deposits of banks ................ Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ao-
count of this bank and outstand~g ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .
4,019,175.12 2,091,88!!.67
217,242.23
826,578.53 None
11,222.87 Noae
None 15,000.00 100,000.00 400,000.00 54,666.08
None
Total Liabilities............... $ 7,735,773.50
_ _ _ _ _ _ _ _T-=cH=IR:.:..:TY=-=----=E=-=IGHTH ANNUAL REPORT
47
STATEMENT Showing condition at the close of business December 31, 1957, 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 \\ith 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
SUbdtVlSlODS ........
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
235,513.47 760,510.08
None None None 252,940.31 750.00 None
None None None
Total Assets .................. $ 1, 249,713. 86
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
DeJ!OI!i!s of States and political subdtvtstons ...................... .
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities .................. .
~::::r~!.-.-::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
683,389.28 210,619.00
2,025.00 227,964.35
None 2,688.16
None
None 10,528.07 25,000.00 25,000.00 62,500.00
None
Total Liabilities............... $ 1,249,713.86
STATEMENT Showing condition at the close of business December 31, 1957, of
THE DARIEN BANK Darien, Ga.
As called for by the Superintendent of Banks
D. E. LANE, President.
Date of Charter: 12-8-1888
P. E. CLARK, JR., Cashier.
Began Business: 1-24-1889
ASSETS Cash, balances with other banks, in-
cluding reserve balanf'es, a"ld cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligat.io_n~ of States and political
subdtVISIODS ................... .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
275,570.04 790,000.00
None None None 32!1,603.20 4,546.97 None
None None None
Total Assets .................. $ 1 , 399 , 720. 21
UABILITIES Demand deposits.................. $ Time- depostts .................... . Deposits of F. S. Government ..... . DrJ!o~i!s of States and politiral sub-
dtvtstons ...................... . Drposits of banks ................ . Other deposits (certified and officers'
rheoks, etc.) ................... . Bills payahle..................... . Acceptances exe<-uted by or for ac-
count of this bank and outstanding .......................... . Other liabilities .................. .
~:r~r~!. :::::::::::::::::::::::::
Fndivicled profits................. . Reser,~es ........................ .
664,090.84 414,879.19
None 154,380.84
None 9,886.28
None
None None 25,000.00 25,000.00 106,483.06 None
Total Liabilities..............$ 1,399,720.21
48
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF DAWSON Dawson, Ga.
As called for by the Superintendent of Banks
ROGERS LOCKE, President.
Date of Charter: 6-29-1911
JACK EDWARDS, Cashier.
Began Business: 7-1-1911
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 467,090.14
United States Government obliga-
tions, direct and guaranteed ..... . 1,415,739.65
Obliga~iop~ of States and political
SUbdiVJSIOnS .........
138,185.06
Other bonds, notes, and debentures..
364,975.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 1,216,090.20
Bank premises owned, furniture and
fixtures........................ .
29,868.93
Real estate owned other than bank
premises....................... .
1,026.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total Assets..................$ 3,632,974.98
LIABILITIES
Demand deposits.................. $ '1,493,442.82
Time depos1ts.................... . 1,343,864.00
Deposits of U. S. Government . . . . . .
30,871.51
DeP.o~i~s of States and political sub-
diVISions ...................... .
416,535.36
Deposits of banks ................ .
18,043.90
Other deposits (certified and officers'
checks, etc.) ................... .
8,434.06
Bills payable..................... .
None
Acceptances executed by or for ac-
count of this bank and outstand-
ing........................... .
None
Other liabilities .................. .
None
~:pif~!.::: ::::: :: ::: ::: :: ::: :: ::
100,000.00 200,000.00
un'livided profits................. .
21,783.33
Reserves ........................ .
None
Total Liabilities...............$ 3,632,974.98
STATEMENT Showing condition at the close of business December 31, 1957, 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, 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 politiral
SUbdiVlSlODS . .................. .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
992,108.83 1,341,125.62
95,842.26 819,828.13
None 1,249,038.23
36,691.15 None
None None None
Total Assets..................$ 4,534,634.22
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... .
D':~~l~n~f. ~~~~~s. ~~~. ~.~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances exeruted by or for ac-
count of this bank and outstand-
ing ........................... .
::: :::::::::::::::::: :::: Other liabilities.................. .
~:r;r~!.
Undivided profits................. . Reserves........................ .
2,225,312.53 1,597,304.93
31,917.48 366,876.22
49,366.26 16,636.87
Nu:e
None None 50,000.00 50,000.00 147,219.93 None
Total Liabilities............... $ 4,534,634.22
THIRTY-EIGHTH ANNUAL REPORT
49
STATEMENT Showing condition at the close of business December 31, 1957, of
DAWSON COUNTY BANK Dawsonville, Ga.
As called for by the Superintendent of Banks
H. G. VANDIVIERE, President.
Date of Charter: 7-1-1953
G. E. BORDEN, Cashier.
Began Business: 7-13-1953
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... 1 82,635.90
United States Government obliga-
tions, direct and guaranteed ..... .
352,351.58
Obliga~io}l~ of States and political
subdivtSIOnS ................... .
65,969.26
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
248,887.38
Bank premises owned, furniture and
fixtures ........................ .
3,749.11
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. . . . . . . . . . . . . . . . . . . . . .
760.39
Total Assets................. .1 754,353.62
LIABILITIES Demand deposits..................1 Time depos1ts.................... . Deposits of U.S. Government ..... .
D~~!t~n~f. ~~~~~s. ~~~ ~.l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities .................. .
~~~~I~!::::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
318,817.87 197,126.24
5,768.21 155,717.74
None 327.91
None
None None 25,000.00 25,000.00 15,233.44 11,362.21
'rota! Liabilities...............I 754,353.62
STATEMENT Showing condition at the close of business December 31, 1957, 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..... .1 665,621.52
United States Government obliga-
tions, direct and guaranteed ..... .
83,500.00
Obliga~io.n~ of States and political
subdiV181ons ................... .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
511,214.72
Bank premises owned, furniture and
fixtures ........................ .
4,557.00
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 Aesets .................. I 1,264,893 .24
LIABILITIES Demand deposits..................1 Time depos1ts.................... . Deposits of U.S. Government ..... .
D~~!t~n~f. ~~~~~s. ~~~. ~.o.l~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves........................ .
833,527.81 202,586.61
770.00
93,725.43 8,473.77
12,726.10 None
None None 25,000.00 75,000.00 4,083.52 9,000.00
Total I,iabilities...............1 1,264,893.24
50
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, 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 \\ith other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Uovernment 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..................... .
1,265,270.30 288,000.00 10,000.00 None None 962,448.31 20,302.86 None
None None None
Total Assets.................. $ 2,546,021.47
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government . . . . . . Deposits of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undidded profits................. . Reserves ........................ .
1,315,900.33 620,357.39 19,515.28
228,669.34 61,810.02
45,203.95 None
None None 25,000.00 50,000.00 110,874.59 68,690.57
Total Liabilities...............$ 2,546,021.47
STATEMENT Showing condition at the close of business December 31, 1957, 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 reser\~e balances, and cash items in process of collecti<>n ...... $ United States Government obligations, direct and guaranteed ..... . Obligat_io_n~ of States and political subdivtswns ................... . Other bonds, notes, nnd 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..................... .
290,704.28 937,187.50
14,000.00 None None
634,634.96 29,883 23
None
None None 581.65
Total Assets .................. $ 1 ,906 ,991. 62
LIABILITIES R.cmand deposits..................$ lune depos1ts.................... . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (oertified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
855,797.37 519,502.97
7,511.51 391,647.94
None 3,727.22
None
None None 50,000.00 50,000.00 28,804.61 None
Total Liabilities...............$ 1,906,991.62
THIRTY-EIGHTH ANNUAL REPORT
51
STATEMENT
Showing condition at the close of business December 31, 1957, 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 other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed. . . . . . Obli111a~io_n~ of States and political subdtvtstons. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal RPserve Bank)........... Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises........................ Investments and other a88ets indirectly reprPsenting bank premises or other rPal estate. . . . . . . . . . . . . . Customers' liability to this bank on acreptances outstanding.......... Other Assets......................
807,707.73 3, 558,733. 42
I6, 531 .78 240,000.00
None 900,030.16
65,941.90 None
None None None
Total Assets .................. $ 5,588,944.99
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U. S. Government . . . . . . DeJ?~i!s of States and political sub-
dtvtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
rhecks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~~~r~!.::: ::::::: :::::::::::::::
Undivided profits................. . Reserves ........................ .
2,608,623.08 1,788,870.62
51,336.79 644,377.75 103,882.21
18,004.38 None
None None 50,000.00 100,000.00 11,966.41 211,883.75
Total Liabilities...............$ 5,588,944.99
STATEMENT
Showing condition at the close of business December 31, 1957, of
THE FARMERS BANK Douglas, Ga.
As called for by the Superintendent of Banks
F. S. STUBBS, President.
Date of Charter: 5-22-1945
L. C. BODDIFORD, JR., 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 obligations, direct and guaranteed...... Obligat.io.n~ of States and politica.l subdtvtswns.................... 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 a88ets indirectly representing bank premises or other real estate.............. Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets......................
1,040,789.89 2,281,454.96
328,354.76 None None
1,344, 984.79 25, 958. 83 None
None None 20,148.38
Total Asaets .......... $ 5,041,691.61
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
D";U~!!~n~f. ~~~~~s. ~~~- ~-ol~t.i~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,864,773.67 1,397,142.08
22,640.49 323,382.33 133,182.83 28,634.85
None
None 1,548.00 100,000.00 50,000.00 60,387.36 60,000.00
Total Liabilities...............$ 5,041,691.61
52
DEPARTMENT OF BA-N-K--IN-G--------------------
STATEMENT
Showing condition at the close of business December 31, 1957, 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 balanees, and cash
items in process of collection...... $ 494,785.44
United States Government obliga-
tions, direct and guaranteed ..... . 1,590,499. 71
Obligat_iop~ of States and political
SUbdlVlSlOnS .........
33,000.00
Other bonds, notes, and debentures..
5,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
235,993.10
Bank premises owned, furniture and
fixtures........................ .
8,000.00
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..................... .- - - - -2,-49-7-.1-6
Total Assets ..................$ 2,369,775.41
LIABILITIES Demand deposits..................$ Time deposts.................... . Deposits of U.S. Government ..... .
D';ft~~!l~n~f. ~~~~~s. ~~~ ~-l~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,436,507.54 285,569.70 21,734.33 463,824.63 None 7,655.86 None
None None 25,000.00 25,000.00 54,483.35 50,000.00
Total Liabilities..............$ 2,369,775.41
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS & 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 . . . . . . Obliga~o.n\1 of States and political
BUbdivtSlOnS. . . .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank). . . . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premises........................ Investments and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Assets......................
2,026,106.42 2,648,653. 55
394,609.10 111,328.13
None 3,781,588.96
158,497.85 None
None None 29,250.29
TotaiAssets .................. $ 9,150,034.30
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... .
D':ft~!l~n~f. ~~~~s. ~~~- ~-o-~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officera'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... .
Undivided profits................. . Reserves ........................
4,164,816.63 2,745,212.89
96,731.38
305,347.76 884,796.49
71,227.80 None
None 262,767.91 150,000.00 225,000.00 222,890.54 21,242.90
Total Liabilities...............$ 9,150,034.30
_ _ _ _ _THIRTY-EIGHTH ANNUAL REPORT
53
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS & 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 obligations, direct and guaranteed . . . . . . Obligat.io~~ 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......................... Res! 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 Aesets.. . . . . . . . . . . . . . . . . . . . .
941,066.50 2,605, 237. 00
None None None 1,276,573.29 45,040.40 None
None None 1,591.10
Total Aesets .................. $ 4,869,508.29
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
D'jl~f~n'!~ ~~~~~s. ~~~ ~-o~~t.i~~~ ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~::;!f:::: :::::::::::::::::::::::
Undivided profits................. . Reserves........................ .
2,159,820.22 1,365,697.97
41,947.03 586,885.49 437,026.02
15,222.72 None
None 49,850.80 100,000.00 50,000.00 63,058.04
None
Total Liabilities...............$ 4,869,508.29
STATEMENT Showing condition at the close of business December 31, 1957, 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 balences, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io_~ of States and political subdlVlSIOns . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Res! estate owned otller than bank premises....................... . Investments and other aesets indirectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Otller Aesets..................... .
699,674.83 513,283.75 133,376.75
None None 846,330.31 2.00 None
None None None
Total Aesets ..................$ 2 ,192, 667.64
LIABILITIES Demand depoaits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~I~n~~ ~~~- ~~~ ~-l~t.i~~~ ~~~
De_posits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. .
~:r;f:!.::: ::: :: ::: ::: :: ::::: ::::
Undivided profits................. . Reserves ........................ .
911,444.01 484,933.00
15,152.03 414,821.46 117,899.54
14,067.09 None
None None 25,000.00 100,000.00 64,059.51 45,291.00
Total Liabilities..............$ 2,192,667.64
64
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF DULUTH Duluth, Ga.
As called for by the Superintendent of Banks
G. W. FINDLEY, President.
Date of Charter: 1-22-1946
EVERETT BAGWELL, Cashier.
Began Business: 2-17-1945
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and p.>litical subdiv1s1ons ................... . 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..................... .
462,359.16 402,033.00
None None None 463,134.08 8,209.67 None
None None 467.90
Total Assets..................$ 1,336,203.81
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~!~~,!f. ~~~~~s. ~~~ ~o-~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
688,328.99 308,572.51
12,109.80 232,676.64
None 4.80 None
None 564.85 25,000.00 25,000.00 43,946.22
Non&
Total Liabilities...............$ 1,336,203.81
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF EASTMAN Eastman, Ga.
As called for by the Superintendent of Banks
JOHN F. JESSUP, President.
Date of charter: 12-28-1918
RUSSELL HARRELL, Cashier.
Began Business: 1-2-1919
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 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 hank premises........................ Investments and other assets indirectly representing hank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets.. . . . . . . . . . . . . . . . . . . . .
626,953. 96 2,008,050.00
15,000.00 5,179.20
None 794,962.31
8,001.00 1.00
None None None
Total Assets ..................$ 3,458,147.47
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D':fl~~f~.!f. ~~~~~s. ~~~- ~-I~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,912,666.00 922,826.96 28,015.4& 69,544.34 211,931. 8() 1,850.00 None
None None 40,000.00 100,000.00 171,312.92 None
Total Liabilities...............$ 3,458,147.47
THIRTY-EIGHTH ANNUAL REPORT
55
STATEMENT Showing condition at the close of business December 31, 1957, 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...... I United States Uovemment obligations, direct and guaranteed ..... . Obliga~io_n~ of States and political subdiVISions ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets..................I
437,604.62 458,335.94
None None None 421,864.33 2.00 None
None None None I, 317,806. 89
LIABILITIES Demand deposits..................1 Time depos1ts.................... . Deposits of U.S. Government ..... . Del!o~i!s of States and political suh-
dlVJSlons ...................... .
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,021,629.35 None None
158,631.20 None None None
None None 40,000.00 40,000.00 57,546.34 None
Total Liabilities.............. .1 1,317,806.89
STATEMENT Showing condition at the close of business December 31, 1957, 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...... 1 United States Government obligations, direct and guaranteed . . . . . .
0~~f!N~~on~f- -~~~. ~~- .~~~i~~~-1
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures..... . . . . . . . . . . . . . . . . . . . .
Real estate owned other than bank premises........................
Investments and other assets indi-
~~c!7t.e~e~:.."f:t~~- ~~~- ~r~~~~~
Customers' liability to this bank on acceptances outstanding..........
Other Assets. . . . . . . . . . . . . . . . . . . . . .
I ,378,009. 79 3,437, 193. 37
325,513.37 None None
2,557,577. 77 212,747.15 14,810.02
None None 53,504. 88
Total Assets .................. I 7,979,356. 35
LIABILITIES Demand deposits..................1 Time depos1ts.................... . Deposits of U.S. Government ..... . Del!~i!s of States and political suh-
dlVlSions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
4,614,876.35 2,072,136.30
46,475.05 579,162.75 43,352.91
50,545.05 None
None 67,535.26 250,000.00 200,000.00 55,272.68
None
Total Liabilities.............. .1 7,979,356.35
56
DEPARTMENT OF BANKIN__:G_ _ _ _ _ _ _ __
STATEMENT Showing condition at the close of business December 31, 1957, 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 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......................
1,512,203.03 1,996,158.83
417,913.12 None None
3,268,316.67 126,249.79 None
None None 17,031.26
Total Assets..................$ 7,337,872.70
LIABILITIES Demand deposita..................$ Time deposita.................... . Deposita of U.S. Government ..... .
D";R~!~n~f. ~~~~s. ~~~ ~.l~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... .
Other liabilities .................. .
~apif:!. ::: : : : :: :: :: : :: : : : : ::: : : :
u'::".Iivided profits................. . Reserves ........................ .
3,672,671.99 2,318,499.56
174,933.95 320,688.92
None 97,685.85
None
None 228,049.29 200,000.00 275,000.00 50,343.14
None
Total Liabilities...............$ 7,337 ,872. 70
STATEMENT
Showing condition at the close of business December 31, 1957, of
FARMERS & MERCHANTS BANK Eatonton, Ga.
As called for by the Superintendent of Banks
L. 0. BENTON, JR., President.
Date of Charter: 10-30-1922
R. L. HARRISON, Cashier.
Began Business: 11-15-1922
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 384,848.52
United States Government obliga-
tions, direct and guaranteed ..... .
874,849.38
Obliga~i~~ of States and political
subdtVlSlOns . .................. .
107,019.15
Other bonds, notes. and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
909,716.13
Bank premises owned, furniture and
fixtures ........................ .
7,652.20
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..................... .
1,429.20
Total Assets..................$ 2,285,514.58
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D~!l~n'!f. ~~~~s. ~~~ ~.~t.i~~ ~~~
Deposits of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... .
Other liabilities .................. .
~~f:!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
965,043.68 756,715.63
39,540.98
312,968.89 None
17,065.97 None
None 1,420.61 50,000.00 100,000.00 36,258.82 6,500.00
Total Liabilities............ .S 2,285,514.58
-------------T-HIRTY-EIGHTH
ANNUAL
REPORT
57
------------------~
STATEMENT Showing condition at the close of business December 31, 1957, of
THE PEOPLES BANK Eatonton, Ga.
As called for by the Superintendent of Banks
J. M. GREGORY, President.
Date of Charter: 3-16-1944
A. F. ADAMS, Cashier.
Began Business: 5-1-1944
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed ..... . Obligat.io.n~ of States and political
SUbdlVlSlODS
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
139,602.78 458,141.90
None None None 547,935.68 6,200.61 2.00
None None None
Total Assets.................. $ 1,151,882.97
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeP.o~i!s of States and political sub-
divtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing .............. ........ .
::: ::::::::::::::: :::: :: : Other liabilities.................. .
~::;:r:!.
Undivided profits................. . Reserves........................ .
456,461.64 494,397.17
10,629.65
109,071.39 None
1,826.94 None
None 3,213.11 25,000.00 35,000.00 13,064.55 3,218.52
Total Liabilities............... $ 1,151,882.97
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF EDISON Edison, Ga.
As called for by the Superintendent of Banks
C. W. LOWE, President.
Date of Charter: 9-24-1904
THEDFORD TURNER, Cashier.
Began Business: 1904
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 395,472.71
United States Government obliga-
tions, direct and guaranteed ..... .
818,749.52
Obliga~io.n! of States and political
Subd1Vl810DB .. , ...
34,193.50
Other bonds, notes, and debentures..
150,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
746,665.29
Bank premises owned, furniture and
fixtures........................ .
2.00
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - - Other Assets..................... .
662.80
TotalAssets .................. $ 2,145,745.82
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government..... .
D~!l~n~f. ~~~~s. ~~~. ~~~t~~~~ ~~~
Deposits of banks ................ .
Other deposits (certified and officers' checks, etc.) ................... .
Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... .
::: :: ::::: ::: :: :::: :: :::: Other liabilities.................. .
~::;:r:!.
Undivided profits................. .
Reserves........................ .
1,106,588.44 405,871.78 39,295.91
356,185.70 26,325.11
12,683.14 None
None 6,622.09 50,000.00 60,000.00 82,173.65
None
Total Liabilities............... $ 2,145,745.82
58
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
GRANITE CITY BANK Elberton, Ga.
As called for by the Superintendent of Banks
A. D. WILBURN, President.
Date of Charter: 12-3-1927
JAMES CLEVELAND, Cashier.
Began Business: 1-2-1928
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ 739,028.08
United States Government obliga-
tions, direct and guaranteed ..... . 1,988,800.00
Obliga~io,n~ of States and political
subdJVlSIODS . .................. .
25,000.00
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 1,320,715.77
Bank premises owned, furniture and
fixtures ........................ .
44,043.19
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..................... .- - -5-64.-96
Total Assets..................$ 4,118,152.00
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D'Ji~~!l~n~~ ~~~t~s. ~~~. ~.o.l~t.i~~~ ~~~
Deposits of hanks ................ . Other deposits (certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,360,699.23 956,114.15 98,864.72 427,839.71 4,167.00 341.46 None
None None 100,000.00 100,000.00 70,125.73 None
Total Liabilities...............$ 4,118,152.00
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF ELLAVILLE Ellaville, Ga.
As called for by the Superintendent of Banks
L. S. BOYETTE, President.
Date of Charter: 9-10-1910
RICHARD G. CALLAWAY, Cashier.
Began Business: 9-16-1910
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io,n~ of States and political
subd1VlSlODS .................
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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 outetanding......... . Other Aasete..................... .
198,419.66 554,386.29
85,671.92 None None
561,301.66 10,848.90 None
None None 5,806.74
Total Assete ..................$ 1,416,435.17
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D'Ji~~!l~n~f. ~~~t~s. ~~~. ~.o.l~t.i~~~ ~~~
Deposits of banks ............... .. Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
633,130.57 318,818.21
12,000.51 290,970.15
None 1,720.65
None
None None 25,000.00 50,000.00 84,795.08 None
Total Liabilities............... $ 1,416,435.17
THIRTY-EIGHTH ANNU.-=-=A=L:....:R=E=P=-O.::...cR::..::.T'-'---------5_9
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF ELLIJAY Ellijay, Ga.
As called for by the Superintendent of Banks
E. T. HUDSON, President.
Date of Charter: 5-21-1914
GLEN W. MARSHALL, Cashier.
Began Business: 6-1-1914
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed...... Obliga~io_n~ of States and political
SUbdiVISIOnS. . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts)......................... 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......................
737,754.78 1,435,455.00
293,604 96 None None
858,458.83 None None
None None 3,157.97
Total Assets.................. $ 3,328,431.54
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of (;. S. Government ..... .
D1i~i!1~n~f- ~~~~~s- ~~~- ~-ol~t-i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Dills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,478,795.99 1,305,508.02
29,335.60 270,129.74
None 7,905.52
None
None 11,661.89 50,000.00 100,000.00 4,094.78 71,000.00
Total Liabilities...............$ 3,328,431.54
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS AND SOUTHERN EMORY BANK Emory University, Ga.
As called for by the Superintendent of Banks
VANN GROOVER, President.
Date of Charter: 12-11-1950
LOUISE E. COWAN, Cashier.
Began Business: 4-16-1951
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proceas of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political
SUbdlVIBlODS , , ....
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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 Aasets..................... .
765,333.19 1,130,863.04
None 16,787.50
None 1,786,759.28
20,852.48 None
None None 22,153.65
Total Assets ..................$ 3,742,749.14
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... . Del?~i!s of States and political sub-
dtvtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,092,698.47 961,843.87 21,232.41 296,761.00 None 1,460.15 None
None 145,404.25 75,000.00 75,000.00 73,348.99
None
Total Liabilities............... $ 3, 742,749.14
60
DEPARTMENT OF BANKINc..:..G-=-------------
STATEMENT Showing condition at the close of business December 31, 1957, of
FAIRBURN BANKING COMPANY Fairburn, Ga.
As called for by the Superintendent of Banks
Y. H. LONGINO, President.
Date of Charter: 9-14-1891
WINNER B. LONGINO, Cashier.
Began Business: 1902
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 344,292.67
United States Government oblige..
tions, direct and guaranteed ..... .
926,531.35
Obligaf:iop~ of States and political
SUbdivtSlODB ..................
10,000.00
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
520,436.05
Bank premises owned, furniture and
fixtures ........................ .
19,319.14
Real estate owned other than bank
premises....................... .
None
Investmente and other assets indi-
rectly representing bank premises
or other real estate..............
None
Customers' liability to this bank on
acceptances outstanding.... . . . . . .
None
- - - - - Other Assets......................
21,595.34
Total Assete .................. $ 1,842,174.55
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government..... .
D~!l~~f. ~~~~s. ~~~ ~~~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,179,444.60 489,920.33 3,063.28 26,575.91 None 6,452.59 None
None 20,750.68 25,000.00 50,000.00 3,372.91 37,594.25
Total Liabilities...............$ 1,842,174.55
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS & MERCHANTS BANK Fayetteville, Ga.
As called for by the Superintendent of Banks
H. P. REDWINE, President.
Date of Charter: 2-6-1906
H. C. HEWELL, Cashier.
Began Business: 3-13-1906
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 458,486.25
United States Government obliga-
tions, direct and guaranteed ..... .
554,875.00
Obligaf:io.n~ of States and political
BUbdiVISlODS .............
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafte) ........................ . 308,365.85
Bank premises owned, furniture and
fixtures........................ .
200.00
Real estate owned other than bank
premises....................... .
None
Investments and other assete 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, 321,927. 10
LIABILITIES Demand deposite..................$ Time depostte.................... . Deposits of U.S. Government ..... .
D';E~!l~~f. ~~~~~- ~~~ ~-l~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
764,181.10 16,665.49 8,504.60
411,457.37 None
6,496.67 None
None 2,500.00 25,000.00 65,000.00 17,925.26 4,196.61
Total Liabilities...............$ 1,321,927.10
THIRTY-EIGHTH ANNUAL REPORT
61
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF FINLEYSON Finleyson, Ga.
As called for by the Superintendent of Banks
R. L. SCARBOROUGH, President.
Date of Charter: 9-20-1910
CLARENCE FINLEYSON, Cashier.
Began Business: 9-20-1910
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and C&Bh
items in proceBB of collection...... $ 117,619.91
United States Government obliga.-
tions, direct and guaranteed ..... .
124,372.56
Oblig&~i~n~ of States and political
SUbdiVJBIOUB ................... .
174,867.00
Other bonds. notes, and debentures..
None
Corporate stocks {including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts {including over-
drafts) ........................ .
146,547.00
Bank premises owned, furniture and
fixtures........................ .
164.00
Real estate owned other than bank
premises....................... .
None
Investments and other &BBets indi-
rectly representing bank premises
or other real estate............. .
None
Customers' li&bility to this bank on
acceptances outstanding......... .
None
- - - - - - Other ABBets..................... .
None
Total Assets..................$ 563,570.47
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . De~~ of States and politic&! sub-
divisions ...................... .
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves........................ .
342,897.51 42,720.37
None 68,046.98
None 6,653.54
None
None 4,596.00 25,000.00 25,000.00 48,456.07
200.00
Tot&! Liabilities.............. $ 563,570.47
STATEMENT Showing condition at the close of business December 31, 1957, of
THE FIRST STATE BANK OF FITZGERALD Fitzgerald, Ga.
As called for by the Superintendent of Banks
B. I. ANDERSON, President.
Date of Charter: 5-24-1948
RALPH W. JERNIGAN, Cashier.
Began Business: 7-19-1948
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obliga.tions, direct and guaranteed ..... . Ob!ig&~io.n~ of States and political subdiVISIOnS . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... .
Investments and other assets indirectly representing bank premises or other real estate............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
536,019.82 355,000.00
None None None 956,797.19 9,365.17 None
1,861.39 None
1,523.60
Total Assets..................$ 1,860,567.17
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D~!i~n~f. ~~~~~s. ~~~- -~-~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves........................ .
842,708.62 515,354.85
16,896.35 245,722.65
25,083.24 2,433.16
None
None None 100,000.00 75,000.00 37,368.30 None
Total Liabilities...............I 1,860,567.17
~62=----------D=E~P~A~R~T~MENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS BANK Folkston, Ga.
As called for by the Superintendent of Banks
WILLIAM MIZELL, President.
Date of Charter: 12-12-1911
C. E. GLENN, Cashier.
Began Business: 1-4-1912
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed. . . . . . Obligat.io.n~ of States and political subdtvtSlOnS....................
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank).. . . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets inrli-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.. . . . . . . . . Other Assets......................
781,901.86 1,131, 717.56
414,311.36 20,025.00 None
1,423,088.87 9,696.98 1 , 137. 10
None None 2,502.40
Total Assets .................. S 3, 784,381. 13
LIABILITIES Demand deposits.................. $ Time depostts.................... .
Deposits of U.S. Government ..... . Del!o~i!s of States and political sub-
dtvtslons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Resenes ........................ .
1,800,759.56 1,274,957.10
8,003.72
185,076.01 None
5,503.67 None
None 115,346.53 50,000.00 50,000.00 294,734.54
None
Total Liabilities............... S 3, 784,381. 13
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF FOREST PARK Forest Park, Ga.
As called for by the Superintendent of Banks
C. G. DUNCAN, President.
Date of Charter: 5-9-1956
ROBT. A. BLYTHE, Cashier.
Began Business: 10-15-1956
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 624,698.25
United States Government obliga-
tions, direct and guaranteed ..... .
504,220.53
OblilliS~io,n~ of States and political
subdJVISlODS ..........
27,113.21
Other bonds, notes, and debentures..
40,000.00
Corporate stocks (including stock of
None
Federal Reserve Bank) .......... .
Loans and discounts (including over-
drafts) ........................ .
635,658.03
Bank premises owned, furniture and
fixtures........................ .
26,777.89
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectlv representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - - Other Assets..................... .
None
Total Assets .................. $ 1,858,467.91
LIABILITIES Demand deposits.................. S Time depostts.................... . Deposits of U.S. Government ..... . Del!o~i~s of States and political sub-
dtvtsions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities ................. .. Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves ........................
1,018,077.67 275,798.96 19,651.52
383,632.51 None
7,446.97 None
None 9,320.98 100,000.00 35,000.00
Non<> 9,539.30
Total Liabilities............... $ 1,858,467.91
THIRTY-EIGHTH ANNUAL REPORT
63
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS BANK OF FORSYTH Forsyth, Ga.
As called for by the Superintendent of Banks
H. H. HARDIN, President.
Date of Charter: 2-17-1920
G. A. BANKS, Cashier.
Began Business: 3-1-1920
ASSETS Cash, balances \\'ith other banks, in-
cluding resene balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligat}o.n~ of States and political SUbdiVISIOnS . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures .. Corporat.e stocks (including stock of Federal Re.serve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises ov.-ned, furniture and fixtures........................ . Real estate owned other than bank premises.............. ...... Investments and other assets indirectlv representing bank premises or other rpa] rstate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Asaets..................... .
716,757.03 763,814.64 150,397.48
8,000.00 None
322,361.44 1,450.38 None
None None None
Total Assets .................. S 1 ,962, 780 .97
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of F. S. Governm~nt ..... . De'!o~i!s of States and political sub-
dlvtstons ...................... . Deposits of hanks ................ .
Other deposits (certified and officers' ~becks, etc.) ................... .
Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,021,978.74 154,638.94 312,051.60 263,645.69 None 8,833.21 None
None None 40,000.00 10,000.00 6,000.00 145,632.79
Total Liabilities...............S 1,962,780.97
STATEMENT Showing condition at the close of business December 31, 1957, of
THE FARMERS BANK Forsyth, Ga.
As called for by the Superintendent of Banks
R. 0. PERSONS, SR., President.
Date of Charter: 3-9-1910
R. 0. PERSONS, SR., Cashier.
Began Business: 1910
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Oblhr:at.io.n~ of States and political
SUbdlVJSlODB ..
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
s TotalAssets ..................
251,797.01 791,271.82
None None None 397,076.40 2.00 1.00
None None None 1,440,148.23
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... . DeJ?O~i!s of States and political sub-
dlvtstons ...................... . Deposits of banks ................ .
Other deposits (certified and officers' checks, etc.) ................... .
Bills payable..................... . Acceptances executed by or for ac-
count of this bank and out.tanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .
657,688.21 340,171.70
7,010.42 238,800.00
None 1,643.91
None
None None 50,000.00 50,000.00 None 94,833.99
Total Liabilities...............$ 1,440,148.23
64
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
MONROE COUNTY BANK Forsyth, Ga.
As called for by the Superintendent of Banks
W. C. HILL, President.
Date of Charter: 11-2-1908
JAS. M. McCARTY, Cashier.
Began Business: 10-15-1908
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 375,423.69
United States Government obliga-
tions, direct and guaranteed ..... . 976,195.86
Obliga~i~n~ of States and political
SUbdiVISIOns . . . . . . . . . . . . . . . . . . . .
310,213.56
Other bonds, notes, and debentures..
181,374.30
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
891,075.74
Bank premises owned, furniture and
fixtures .................. .. .
666.50
Real estate owned other than bank
premises................. ... .
1,194.00
Investments and other BSSeta indi-
rectly representing bank premises
or other real estate............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets.....................
None
Total Assets..................$ 2,736,143.65
LIABILITIES Demand deposits.................. $ Time depostts.................... Deposits of U.S. Government ..... .
D':fl~!~.:f. ~~~~s. ~~~ ~-I~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves........................ .
1,018,873.93 1,267,427.04
15,763.79 293,847.09
None 2,506.30
None
None 19,335.59 25,000.00 75,000.00
389.91 18,000.00
Total Liabilities...............$ 2,736,143.65
STATEMENT Showing condition at the close of business December 31, 1957, of
FORT GAINES BANKING CO. Fort Gaines, Ga.
As called for by the Superintendent of Banks
T. W. MOBLEY, President.
Date of Charter: 2-11-1937
W. G. GRIMSLEY, Cashier.
Began Business: 2-15-1937
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political subdiVISlODS ................... . 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..................... .
693,763.94 601,572.00
None None None 297,845.34 500.00 None
None None None
Total Aeseta .................. $ 1,593,681.28
LIABILITIES Demand deposita.................. $ Time depostta.................... . Deposits of U.S. Government ..... . DeJ!~i!s of States and political sub-
diV18tons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing................ .. Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
952,026.97 307,016.11
2,382.80 164,173.20
None 3,698.00
None
None None 25,000.00 75,000.00 64,384.20 None
Total Liabilities............... $ 1,593,681.28
THIRTY-EIGHTH ANNUAL REPORT
65
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF FORT VALLEY Fort Valley, Ga.
As called for by the Superintendent of Banks
W. E. GREENE, President.
Date of Charter: 10-11-1924
HERBERT HUCKABEE, Cashier.
Began Business: 10-15-1924
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed ..... . Obliga~i~ll!' of States and political
subdtVlSlOBS , .................. .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
TotalAssets .................. l
670,467.38 2,324,578.22
217,221.40 75,000.00 None
1,303,403.62 13,316.95 None
None None None 4,603,987.57
LIABILITIES Demand deposits..................I Time depostts.................... . Deposits of U. S. Government . . . . . .
D";Kri!!~n~~ ~~~~~s. ~~.~ .~~~t.i~~~. ~~~
Deposits of banks ............... .. Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,818,218.53 468,095.38 64,669.43 647,876.55 10,000.00 19,732.07 None
None 78,893.24 100,000.00 150,000.00 246,502.37
None
Total Liabilities............... $ 4, 603,987. 57
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF HEARD COUNTY Franklin, Ga.
As called for by the Superintendent of Banks
H. J. MICKLE, President.
Date of Charter: 10-14-1905
J. T. MICKLE, Cashier.
Began Business: 10-18-1905
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political subdiviSIOns . .................. .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
485,214.52 558,108.90 58,548.12
None None 558,705.58 6,743.80 None
None None None
Total Assets.................. $ 1,667,320.92
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
D";K~!!~n~~ ~~~~~s. ~~.~ ~~l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
732,489.69 582,319.82
19,580.73 116,315.49
None 16,009.42
None
None 4,500.00 25,000.00 150,000.00 11,105.77 10,000.00
Total Liabilities.............. .1 1,667,320.92
66
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, of
THE CITIZENS BANK Gainesville, Ga.
As ealled for by the Superintendent of Banks
JOHN H. HOSCH, President.
Date of Charter: 5-19-1913
PIERCE J. HANCOCK, Cashier.
Began Business: 6-1913
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.~ of States and political
8Ubd1VISIODS . ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and othPr assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
1,722,919.80 3,224,736.21
216,875.38 None None
1,513,846.39 2.00 None
None None None
Total Assets .................. $ 6,678,379. 78
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U. S. Government ..... .
Dd;~~1~n~~ ~~~~~s. ~~~ ~-ol~t.i~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
3,818,850.69 982,924.79 97,823.59
1,058,807.27 157,562.80 12,056.58 None
None None 150,000.00 200,000.00 200,354.06 None
Total Liabilities............... $ 6,678,379. 78
STATEMENT
Showing condition at the close of business December 31, 1957, of
BANK OF GIBSON Gibson, Ga.
As ealled for by the Superintendent of Banks
E. E. GRIFFIN, SR., President.
Date of Charter: 11-7-1905
E. E. GRIFFIN, JR., Cashier.
Began Business: 11-27-1905
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 119,945.98
United States Government obliga-
tions, direct and guaranteed ..... .
534,067.52
Obligat.i~n~ of States and political
SUbdlVISlODS . ................
92,325.00
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ................. ..... .
94,323.24
Bank premises owned, furniture and
fixtures ........................ .
10,600.00
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...................... _ _ _ _ _N_o_n_e
Total Assets ..................$ 851,261.74
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government . . . . . . Deposits of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
412,310.54 None None
400,000.00 None
181.20 None
Non None 15,000.00 18,000.00 None 5,770.00
Total Liabilities............... $ 851,2&1.74
THIRTY-EIGHTH ANNUAL REPORT
67
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS BANK Glennville, Ga.
As called for by the Superintendent of Banks
T. R. SMITH, President.
Date of Charter: 12-31-1942
MRS. MARGARET D. BACON, Cashier.
Began Business: 1-4-1943
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io.n~ of States and political
SubdJVISIODS ....
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
236,526.00 337,843.75 110,000.00
None None 405,265.09 23,819.15 None
None None None
Total Assets .................. $ 1,113,453.99
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D':liv1!l~n~~ ~~~t~~ ~~~- ~~l~t.i~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances exeeuted by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
483,609.41 369,748.87
5,614.14 101,925.84
None 141.08
None
None 5,257.59 60,000.00 40,000.00 47,157.06
None
Total Liabilities............... $ 1,113,453.99
STATEMENT Showing condition at the close of business December 31, 1957, of
THE GLENNVILLE BANK Glennville, Ga.
As called for by the Superintendent of Banks
J. A. BACON, President.
Date of Charter: 1-12-1905
J. A. ROGERS, Cashier.
Began Business: 1-18-1905
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political subdiVISIOnS ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
463,708.62 1,258, 796.61
None None None 756,282.26 6,001.00 None
None None None
Total Assets .................$ 2,484, 788.49
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... .
D'Jl~!l~n~f. ~~~~~s. ~- ~-ol~t~~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,650,126.47 406,349.84 10,861.50 257,668.84 None 12,835.89 None
None None 60,000.00 40,000.00 38,576.50 8,369.45
Total Liabilities...............$ 2,484,788.49
68
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
THE GORDON BANK Gordon, Ga.
As called for by the Superintendent of Banks
R. F. GIBBS, President.
Date of Charter: 6-8-1946
R. F. GIBBS, Cashier.
Began Business: 8-1-1946
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ 442,546.45
United States Government obliga-
tions, direct and guaranteed ..... .
250,000.00
Obligat.io!'~ of States and political
subdiVISlons . .................. .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
469,430.51
Bank premises owned, furniture and
fixtures ........................ .
11,533.43
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 ..................$ 1,173,510.39
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~T!i~.!f. ~~~~~. ~~~. ~~~t~~~l. ~~~~
Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
482,554.06 336,896.50
2,380.00
224,451.00 None
712.41 None
None None 35,000.00 35,000.00 56,516.42 None
Total Liabilities...............$ 1,173,510.39
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF GRAY Gray, Ga.
As called for by the Superintendent of Banks
D. V. CHILDS, JR., President.
Date of Charter: 8-23-1909
F. H. CHILDS, Cashier.
Began Business: 8-28-1909
ASSETS Caeh, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io!'~ of States and political subdiV1810ns ................... . 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 BSSets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
247,897.39 504,121.50
6,000.00 60,000.00
None 527,666.56
28,951.27 None
None None None
Total Assets .................. $ 1,374, 636. 72
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~!~~.!f. ~~~. ~~. ~~~~~~~. ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
742,949.26 243,940.54
956.25 267,590.05
None 3,264.63
None
None None 25,000.00 75,000.00 15,935.99 None
Total Liabilities.............. $ 1,374,636.72
THIRTY-EIGHTH ANNUAL REPORT
69
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF GREENSBORO Greensboro, Ga.
As ealled for by the Superintendent of Banks
H. D. GOODWIN, President.
Date of Charter: 10-13-1926
C. WELDON SMITH, Cashier.
Began Business: 10-14-1926
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... .
O~~~~:'ton":. -~t~~~. ~~-. ~~~~~~
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
393,012.36 503,800.00
37,712.00 218,264.38
None 742,766.46
10,937.55 158.00
None None None
Total Assets..................$ 1,906,650.75
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... . DeP."'!i~ of States and political sub-
diVISions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital.......................... . Surplus ......................... . Undivided profits................. Reserves ........................
734,199.69 799,524.69 19,955.31 136,607.39
None 16,793.09
None
None 6,000.00 75,000.00 50,000.00 18,570.58 50,000.00
Total Liabilities.............$ 1,906,650.75
STATEMENT
Showing condition at the close of business December 31, 1957, of
THE CITIZENS BANK Greensboro, Ga.
As ealled for by the Superintendent of Banks
J. M. REYNOLDS, President.
Date of Charter: 3-9-1946
L. C. MITCHELL, Cashier.
Began Business: 4-1-1946
ASSETS
Cash, balances with other banks, in-
eluding reserve balances, and cash
items in process of collection...... $ 279,374.94
United States Government obliga-
tions, direct and guaranteed ..... .
294,582.92
Ob.:;:g:N~~0~f. .~t_"~. ~~ .~~~~~~ 263,526.58
Other bonds, noteR, and debentures ..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 430,557.26
Bank premises owned, furniture and
fixtures........................ .
1,325.68
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..................... .
4,433.26
Total Assets..................$ 1,273,800.64
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':H~!l~~~ ~~~~~- ~~ ~-oI~t~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
642,733.06 323,568.92
22,706.73
132,364.74 None
821.71 None
None 548.00 62,500.00 12,500.00 72,492.73 3,564.75
Total Liabilities............... $ 1,273,800.64
70
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, of
THE GREENVILLE BANKING CO. Greenville, Ga.
As called for by the Superintendent of Banks
J. P. ATKINSON, President.
Date of Charter: 10-24-1887
R. J. ATKINSON, Cashier.
Began Business: 1891
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... S 211,073.95
United States Government obliga-
tions, direct and guaranteed ..... .
632,603.49
Obliga~io,n~ of States and political
SUbdiVISlODS , ,
29,122.20
Other bonds, notes, and debentures..
150,255.31
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
288.286.59
Bank premises owned, furniture and
fixtures........................ .
9,587.23
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..................$ 1,320,928.77
LIABILITIES . Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... . Del?o~i~s of States and political sub-
diVlStons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
720,177.30 314,009.91
14,335.46
142,641.78 None
793.68 None
None 4,000.00 50,000.00 50,000.00 21,563.43 3,407.21
Total Liabilities............... $ 1,320,928.77
STATEMENT Showing condition at the close of business December 31, 1957, of
COMMERCIAL BANK & TRUST CO. Griffin, Ga.
As called for by the Superintendent of Banks
D. J. ARNOLD, President.
Date of Charter: 10-11-1889
R. S. GIBSON, Cashier.
Began Business: 10-9-1890
ASSETS
Cash, balances with other banke, in-
cluding reserve balances, and cash
items in process of collection...... S 2,142,051.90
United States Government obliga-
tions, direct and guaranteed ..... . 4,498,159.15
Obliga~i~~ of States and political
subd.iVIStons ........
577,114.72
Other bonds, notes, and debentures..
62,575.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
d,afts) ........................ . 4,142,038.66
Bank premises owned, furniture and
fixtures ........................ .
40,895.43
Real estate owned other than bank
premises....................... .
19,002.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total Assets.................. S 11,481,836.86
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... . Del?~i!s of States and political sub-
diVlSIOns ...... , .. ,,, .. , ....... , Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
5,277,021.57 3,451,078.29
343,893.77
1,048,955.47 19,972.52
78,577.16 None
None 373,669.44 400,000.00 300,000.00 188,668.64
None
Total Liabilities............... S 11 ,481,836. 86
THIRTY-EIGHTH ANNUAL REPORT
71
STATEMENT Showing condition at the close of business December 31, 1957, of
THE STATE BANK Griffin, Ga.
As called for by the Superintendent of Banks
S. T. MARTIN, President.
Date of Charter: 4-24-1933
F. WESTMORELAND, Cashier.
Began Business: 5-2-1933
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligat_io!l~ of States and political subdiv1stons . .................. . 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..................... .
2,190,436.78 2,532,943.91
73,892.46 222,022.27
22,500.00 2,431,689.82
202,595.21 None
None None None
Total Assets..................$ 7,676,080.45
LIABILITIES
Demand deposits.................. $ Time deposits.................... .
Deposits of U.S. Government ..... . DeP.o~i!s of States and political sub-
diVIstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:pit:.-:::::::::::::::::::::::::
un'Jl.vided profits................. . Reserves ........................ .
4,441,461.49 1,527,971.00
266,481.02 537,807.93
None 10,012.91
None
None 18,138.08 300,000.00 450,000.00 124,208.02
None
Total Liabilities...............$ 7,676 ,080.45
STATEMENT Showing condition at the close of business December 31, 1957, of
JONES COUNTY BANK Haddock, Ga.
As called for by the Superintendent of Banks
L. M. WOODCOCK, President.
Date of Charter: 7-14-1905
L. M. WOODCOCK; Cashier.
Began Business: 7-25-1905
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 145,601.22
United States Government obliga-
tions, direct and guaranteed ..... .
188,843.75
Obliga~io~ of States and political
SUbdiVISIOns .......
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
318,947.93
Bank premises owned, furniture and
fixtures........................ .
1,648.20
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........ 00
5,138. 20
Total Assets ..................$ 660,179.30
LIABILITIES Demand deposits. . . . . . . . oo $ Time depcs1ts.................... . Deposits of U.S. Government ..... .
D':Jl~1~n~~ ~~~s. ~~-~ ~.o!~t.i~ ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities ......... 00
~::::t:!.::: :: :::::::: ::::::::: :::
Undivided profits................. . Reserves ........................ .
301,239.60 126,990.51
4,165.00
104,100.00 None
2,248.99 None
None None 25,000.00 75,000.00 14,649.80 6,785.40
Total Liabilities...............$ 660,179.30
72
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, of
CITIZENS BANK OF HAHIRA Hahira, Ga.
As called for by the Superintendent of Banks
D. K. HOLLIS, SR., President.
Date of Charter: 2-12-1927
M. W. KIRKLAND, Cashier.
Began Business: 2-21-1927
ASSETS Cash, balances with other banks, in-
clu~ reserve balances, and eash items m process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~i~J1!1 of States and political subdiV18tons . . . . . . . . . . . . . . . . . . . . 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 estats 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..................... .
301,012.52 244,135.79
4,000.00 94,987.50
None 428,959.56
5,252.84 101.00
None None None
Total Assets ..................$ 1,078,449.21
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
D'Ji~!:~f. ~~~- ~~~- ~-o~~t~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
ehedcs, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
465,364.42 399,186.46
6,130.00 63,791.90 4,604.55
1.00 None
None 17,598.62 25,000.00 35,000.00
272.26 61,500.00
Total Liabilities.............$ 1,078,449.21
STATEMENT Showing condition at the close of business December 31, 1957, of
COMMERCIAL BANKING COMPANY Hahira, Ga.
As called for by the Superintendent of Banks
TALLEY LAWSON, President.
Date of Charter: 1-29-1945
V. A. GASKINS, Cashier.
Began Business: 4-5-1945
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 240,438.82
United States Government obliga-
tions, direct and guaranteed ..... .
343,157.32
Obliga~io.J1!1 of States and political
subdiV18tons ................... .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) 0. 0 0 0. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
154,952.54
Bank premises owned, furniture and
fixtures ........................ .
3,222.90
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......................_ _ _ _ _N_o_n_e
Total Assets..................$ 741,771.58
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D'Ji~!l~~f. ~~~':". ~~~- ~-o~t~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Sur!>lus . . . . . . . . . . . . . . . . . . . . . . . . . Undivided profits................. . Reserves ........................ .
345,218.47 269,934.74
None
53,000.00 None
7,503.59 None
None 5,898.75 25,000.00 10,000.00
216.03 25,000.00
Total Liabilities...............$ 741,771.58
THIRTY-EIGHTH ANNUAL REPORT
73
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS BANK OF HAPEVILLE Hapeville, Ga.
As called for by the Superintendent of Banks
A. P. JACKSON, President.
Date of Charter: 7-20-1945
H. C. TRAYLOR, Cashier.
Began Business: 9-4-1945
ASSETS Cash, balances with other banks, in-
eludin!! reserve balances, and cash itemsm process of collection......$ United States Government obligations, direct and guaranteed. . . . . . Obligat.io_n~ of States and political subdiv1s10ns. . . . . . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . . . . .
988,108.90 1,107,257.16
21,109.55 None None
2,118,727.06 36,171.05 25,000.00
None None 7, 172 .93
Tots! Assets.................$ 4,303,546.65
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... . DeP.o~i!s of States and political sub-
divJslons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. .
~~:;!:~!.::: ::::: ::: :: ::::: :::: :::
Undivided profits................. . Reserves ........................
2,775,828.83 795,032.32 54,566.45 254,859.17 34,500.00
19,742.85 None
None 100,516.20 150,000.00 75,000.00 43,500.83
None
Total Liabilities..............$ 4,303,546.65
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF COLUMBIA COUNTY Harlem, Ga.
As called for by the Superintendent of Banks
J. T. BARNSLEY, President.
Date of Charter: 11-29-1909
EMILY W. CRAWFORD, Cashier.
Began Business: 12-13-1909
ASSETS Cash, balances with other banks, in-
cludinf! reserve balances, and cash itsms 10 process of collection......S United States Government obligations, direct and guaranteed ..... . Obliga~o_n~ of States and political subdiVISIOns ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
s Tota!Assets ..................
267,602.99 525,550.63 25,319.34
None None 397,009.05 4,292.72 None
None None None 1,219,774.73
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D';ll~l~n~f. ~~~~s. ~~~ ~.~t.i~~~ ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. .
~=r:!:::: :::: :::::: :::: ::: :::::
Undivided profits................. . Reserves ........................
556,092.35 215,810.75
15,995.80 261,575.51
None 2,158.65
None
None 5,007.32 25,000.00 75,000.00 63,134.35 10,000.00
Total Liabilities..............$ 1,219,774.73
74
DEPARTMENT OF BANKIN--G--------------------
STATEMENT
Showing condition at the close of business December 31, 1957, of
CITIZENS BANKING COMPANY Hartwell, Ga.
As called for by the Superintendent of Banks
E. C. GRIFFETH, President.
Date of Charter: 11-28-1942
W. R. PARKER, Cashier.
Began Business: 1-2-1943
ASSETS
Cash, balances with other banks. in-
cluding reserve b.Ianees, and cash
items in process of collection...... $ 788,331.41
United States Government obliga-
tions, direct nnd guaranteed . .... . 1,378,485.57
Obliga~i~n~ of States and political
subdtvtstons . .................. .
285,262.57
Other bond, notes, and debentures..
373,529.64
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 1,022,320.10
Bank premises owned, furniture and
fixtures........................ .
1.00
Real estate owned other than bank
premises ....................... .
1.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
Other Aasets..................... .- - - - - -N-on-e
Total Assets..................$ 3,847,931.29
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D~~!!~n~f. ~~~~es ~~~. ~.o~~t.i~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~::;:f~!.::: ::::::::::: :::: :: :: :::
Undivided profits................. . Reserves ........................ .
2,271,023.29 896,381.00 69,785.89 336,030.59 None 15,071.01 None
None None 50,000.00 50,000.00 159,639.51 None
Total Liabilities...............$ 3,847,931.29
STATEMENT
Showing condition at the close of business December 31, 1957, of
PLANTERS BANK Hawkinsville, Ga.
As called for by the Superintendent of Banks
W. N. PATE, President.
Date of Charter: 2-27-1896
J. P. McGRIFF, Cashier.
Began Business: 3-1896
ASSETS Cash, balances with other banks, in-
cluding reservr. balances, and cash items in process of collection . ..... I United States Government obligations, direct and guaranteed . .... . Obliga~io.n~ of States and political
SUbdlVISIODS .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
628,276.73 908,010.01
None 144,561.98
None 610,608.85
2,500.00 None
None None None
Total Assets ................. $ 2, 293,957.57
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~T!!~n~f. ~~~~~s. ~~~. ~.o.l~t~~~~. ~~~
Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
ehecks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities ................. ..
~:~f~!.::: :::: :: :::::::::::: :: ::
Undivided profits................. . Reserves....................... ..
1,615,655.90 144,675.95 None 239,737.86 None 14,090.09 None
None None 100,000.00 50,000.00 75,000.00 54,797.77
Total Liabilities...............$ 2,293,957.57
THIRTY-EIGHTH ANNUAL REPORT
75
STATEMENT Showing condition at the close of business December 31, 1957, of
THE PULASKI BANKING COMPANY Hawkinsville, Ga.
As called for by the Superintendent of Banks
R. D. BUCHAN, President.
Date of Charter: 7-20-1949
WM. E. MEADOWS, Cashier.
Began Business: 8-27-1949
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proceSl! of collection ...... 1 United States Government obligations, direct and guaranteed ..... . Obliga~ioP!' of States and political
BUbdlVJSlOnB. , ..
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
274,382.39 660,000.00
None 90,000.00
None 721,103.88
20,413.25 None
None None None
Total Assets .................. $ 1,765,899.52
LIABILITIES Demand deposits.................. I Time depos1ts.................... . Deposits of U. S. Government ..... . lJel!o~i~s of States and political sub-
diVISIOns . , ... , .. , ...........
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
::: ::: :: :: :::: :::::: ::: :: Other liabilities.................. .
~:r~r:!.
Undivided profits................. . Reserves........................ .
576,168.65 421,297.20
None 682,544.72
None 13,333.38
None
None 8.186.81 100,000.00 60,000.00 14,368.76
None
Total Liabilities............... $ 1,765,899.62
STATEMENT
Showing condition at the close of business December 31, 1957, of
BANK OF HAZLEHURST Hazlehurst, Ga.
As called for by the Superintendent of Banks
CHARLES ROGERS, President.
Date of Charter: 10-19-1906
MARY WALKER, Cashier.
Began Business: 10-1906
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection..... . United States Government obligations, direct and guaranteed ..... . Obligat.io.n~ of States and political subdiVISIOns . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate............. . Customers' liability to this b k on acceptances outstanding......... . Other Assets..................... .
773,316.66 635,761.19 2,000.00 200,000.00 None 475,896.52 2.00 None
None None 2,418.66
Total Assets .................. I 2,089,394. 03
LIABILITIES Demand deposita.................. $ Time deposits.................... . Deposits of U.S. Government ..... . DeJ!~i~s of States and political sub-
divlBions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
::: :: ::: ::: ::: ::::::::: :: Other liabilities.................. .
~:r~r:!.
Undivided profits................. . Reserves ........................ .
1,489, 781.23 76,889.44 None
226,771.60 26,906.82 6,496.91 None
None 30,068.17 100,000.00 75,000.00 58,479.86
None
Total Liabilities............... I 2,089, 394.03
V6
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF HIAWASSEE Hiawassee, Ga.
As called for by the Superintendent of Banks
H. D. PARIS, President.
Date of Charter: 6-14-1909
ELOIS ANDERSON, Cashier.
Began Business: 7-21-1909
ASSETS Cash, balances with other banks, in-
cludinjt reserve balances, and cash items m process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~iqn~ of States and political subdiVlStons . . . . . . . . . . . . . . . . . . . . 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....................
361,774.99 674,845.49
None None None 455,296.35 25,059.70 None
None None None
Total Assets ..................S 1,516,976.53
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D~!!~~f. ~~~~~s. ~~~ ~o~~t~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. .
~::;!e!.::: ::: ::::: ::: ::::: :::: ::
Undivided profits................. . Reserves........................ .
747,681.81 446,099.45
6,022.01 167,022.24
None 8,396.08
None
None 12,902.24 50,000.00 50,000.00 28,852.70
None
Total Liabilities...............$ 1,516,976.53
STATEMENT Showing condition at the close of business December 31, 1957, of
THE HINESVILLE BANK Hinesville, Ga.
As called for by the Superintendent of Banks
T. H. McDOWELL, President.
Date of Charter: 9-4-1911
W. F. MARTIN, JR., Cashier.
Began Business: 11-15-1911
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......S United States Government obligations, direct and guaranteed ..... . Obliga~o~ of States and political subdivtstons................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) .................. Bank premises owned, furniture and
fixtures........................ . Renl 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..................... .
420,731.39 542,750.01 215,183.51 168,203.13
None 982,318.48
18,713.94 None
None None 4,302.33
Total Assets ................. S 2, 352 , 202. 79
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
Ddt~~~n~f. ~~~~. ~~~. ~o.l~t.i~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
1,292,078.44 212,565.46 171' 186.12 489,748.15 None 7,127.44 None
None 12,241.77 60,000.00 80,000.00 15,255.41 12,000.00
Total Liabilities...............$ 2,352,202.79
-------=T=-=H=I=R=-=TY-=----=-E=I=G=HTH ANNUAL REPORT
77
STATEMENT Showing condition at the elose of business December 31, 1957, of
EMPIRE BANKING COMPANY Homerville, Ga.
As ealled for by the Superintendent of Banks
J. L. SUMMERLIN, President.
Date of Charter: 3-1-1945
MARCUS SMITH, Cashier.
Began Business: 6-1-1945
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed ..... . Obligat!o~ of States and political
8UbdiV1810DS, , , , , . , , , , , .. , , ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
~~!~be~efe'aer'e!t!':. ~~- ~~~i.s~~
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
Total Assets.................. I
476,717.41 399,098.50
11,000.00 227,384.38
None 434,646.90
11,858.17 None
None None None 1,560, 705. 36
LIABILITIES Demand deposits.................. I Time depos1ts.................... . Deposits of U.S. Government ..... .
DeJ?O!i!s of States and political subdivisions ...................... .
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. .
~::::ru!. :::::::::::::::::::::::::
Undivided profits................. . Reserves........................ .
932,501.38 427,687.42
10,000.00 93,951.73
None 1,823.17
None
None 2,179.65 25,000.00 50,000.00 17,562.01
None
Tots! Liabilities..............1 1,560,705.36
STATEMENT Showing condition at the elose of business December 31, 1957, of
JASPER BANKING COMPANY Jasper, Ga.
As ealled for by the Superintendent of Banks
R. M. EDGE, President.
Date of Charter: 1-17-1945
JAY L. HARRISON, Cashier.
Began Business: 3-12-1945
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......I 546,280.37
United States Government obliga-
tions, direct and guaranteed ..... . 1,241,743.04
O~~~~~onO:. -~~~~. ~~~- .~~i~~~~
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
806,381.02
Bank premises owned, furniture and
fixtures ........................ .
13,185.24
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.....................
1,797.60
Tots! Assets..................I 2,609,387.27
LIABILITIES Demand deposits..................I Time depos1ts.................... . Deposits of U.S. Government ..... .
D~I~n~f. ~~~~s. ~~- ~~t~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~~:;!f::::: ::::::::::::::::::::::
Undivided profits................. . Reserves ........................
1,298,468.76 739,583.59 23,357.82 347,466.32 10,000.00 None None
None 1,500.00 50,000.00 50,000.00 64,010.78 25,000.00
Total Liabilities..............1 2,609,387.27
78
DEPARTMENT OF BANKING
STATEMENT Showing condition at the elose of business December 31, 1957, of
WAYNE STATE BANK Jesup, Ga.
As called for by the Superintendent of Banks
W. GLENN THOMAS, President.
Date of Charter: 8-5-1953
T. W. WALKER, JR., Cashier.
Began Business: 1-2-1954
ASSETS Cash, balances with other banks, in-
cluding resenre balanres, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligat.io_n~ of States and political subdiviSions ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Rt>serve 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..................... .
317,458.45 329,350.50
None None None 724,939.26 23,359.95 10,000.00
None None 13,885.03
Total Assets ..................$ 1,418,993.19
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D';Ji~!!~n~f. ~~~~~s. ~~~. ~.o.l~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
785,258.92 333,180.79
7,972.92
122,600.00 None
7,690.63 None
None None 100,000.00 25,000.00 37,289.93 None
Total Liabilities...............$ 1,418,993.19
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF JONESBORO Jonesboro, Ga.
As called for by the Superintendent of Banks
C. S. CONKLIN, President.
Date of Charter: 10-6-1903
V. H. STEPHENS, Cashier.
Began Business: 11-7-1903
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~io_n~ of States and political
SUbdlVlSlOnS. . . . . . . . . . .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . 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......................
338,198.43 1,421, 724.48
126,038. 24 None None
401,669. 04 24, 558. 99
None
None None 4,175.31
Total Assets..................$ 2,316,364.49
LIABILITIES Demand deposits..................$ Time deposts.................... . Deposits of U. S. Government ..... .
D';Ji~T!!~n~~ ~~~~~s. ~~~ ~.o.l~~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
906,788.28 401,228.88 111,861.51 740,473.41
None 672.11
None
None 11,787,77 50,000.00 50,000.00 39,952.93 3,599.60
Total Liabilities...............$ 2,316,364.49
----------=T--=H=IRTY-EIGHTH ANNUAL REPORT _ _ _ _ _ _ _7.:..:.9
STATEMENT Showing condition at the close of business December 31, 1957, of
STATE BANK OF KINGSLAND Kingsland, Ga.
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-
cluding reserve balancrs, and cash it.ems in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligat_i~n~ of States and political
SUbdJVJSlODS , .........
Other bonds, notes, and debenturs .. Corporate stocks (including stock of
Federal RcseT\e Bank) .......... .
Loans and discounts (inrluding 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..................... .
348,853.18 641,408.42
11,000.00 None None
826,825.70 11,666.58 None
None None None
Total Assets ..................$ 1,839,753.88
LIABILITIES Demand deposits.................. $ Time deposits.................... .
Deposits of U.S. Government ..... . Del!o~i!s of States and political sub-
dtvtstons ...................... . Deposits of banks ................ .
Other deposits (certified and officers' checks, etc.) ................... .
Bills payable..................... .
Acceptances executed by or for account of this bank and outstanding........................... .
Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
512,759.32 818,223.49
None
315,276.18 None
6,506.09 None
None None 50,000.00 50,000.00 50,000.00 36,988.80
Total Liabilities............... $ 1,839,753. 88
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF LAFAYETTE Lafayette, 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 othN banks, in-
cluding reserve balanrrs, and rash items in process of collection ...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~io.n~ of States and poli~iral subdiVISIOnS. . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (inrluding stock of Federal Reserve Bank).. . . . . . . . . .
Loans and discounts (including overdrafts).........................
Bank premises owned, furniture and fixtures. . . . . . . . . . . . . . . . . . . . . . . .
Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . .
Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding. . . . . . . . . .
Other Assets. . . . . . . . . . . . . . . . . . . . . .
1,064,058.56 2,104, 751.99
617,940 23 None None
1,074,20:! 22 32 ,724 .58 1 .00
None None None
Total Assets ..................$ 4,893,679.58
LIABILITIES Demand deposits.................. $
Time deposits.................... . Deposits of P. S. Government ..... . DeT?o~i!s of States and political sub-
dlvJsums ...................... . Deposits of hanks ................ . Other <lcpnsits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .
2,484,183. 96 1,036,356.18
36,557.56
912,077.87 None
4,965.06 None
None 34,397.25 100,000.00 150,000.00 100,141.70 35,000.00
Total Liabilities...............$ 4,893,679.58
80
DEPARTMENT OF BANKING
STATEMENT Showing condition at the elose of business December 31, 1957, of
THE CITIZENS & SOUTHERN BANK OF LAGRANGE LaGrange, Ga.
As called for by the Superintendent of Banks
HARRY R. SPIKES, President.
Date of Charter: 7-23-1937
V. HAWLEY SMITH, Cashier.
Began Business: 8-2-1937
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 3,286,725.10
United States Government obliga-
tions, direct and guaranteed ..... . 4,352,120.05
Obliga~iO;D!I of States and political
BUbdiVJSIODS .............. 1,870,294.32
Other bonds, notes, and debentures..
99,375.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ................. ... 6,217,280.49
Bank premises owned, furniture and
fixtures........................ .
124,185.98
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..................... .
46,799.84
Total Assets.................. s 15,996,780.78
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D';fl~~n'!~ ~~~- ~~ ~~t~~l. ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. .
~::;:t:!::::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
8,103,881.75 4,506,879.39
323,157.02 1,305,473.83
78,822.87 66,234.66
None
None 725,161.57 300,000.00 400,000.00
84,550.54 102,619.15
Total Liabilities ..............S 15,996 ,780 .78
STATEMENT
Showing condition at the elose of business December 31, 1957, of
LAGRANGE BANKING COMPANY LaGrange, Ga.
As called for by the Superintendent of Banks
C. W. CURRY, President.
Date of Charter: 7-8-1941
PAUL L. GRAY, 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 ..... . Obliga~io!'~ of States and political
SUbdiVJSlOBS ..................
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ....................... .. 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..................... .
813,454.51 1,171,933.18
371,005.95 None None
2,262,811.39 84,345.95 None
None None None
Total Assets ..................$ 4, 703,550.98
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~l~n'!f. ~~~~~s. ~~~ ~-~t~~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Fndivided profits................. . Reserves ........................ .
2,588,127.59 1,071,868.32
9,834.11 448,270.26
11,866.53 200.12 None
None 166,629.21 100,000.00 100,000.00 111,982.10 94,772.74
Total Liabiliti<'S............... $ 4,703,550.98
_ _ _ _ _ _ _ _T_H_IR--'--TY--=---EIGHTH ANNUAL REPORT
81
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS & MERCHANTS BANK Lakeland, Ga.
As called for by the Superintendent of Banks
W. C. BANKS, President.
Date of Charter: 4-18-1907
G. M. BANKS, Cashier.
Began Business: 1907
ASSETS Cash, balances with other banks, in-
cluding reserve balanees, and cash items in process of collection......$ United States Government obligations, direct and guaranteed ..... . Obliga~io."!' of States and political subdivts1ons ................... . Other bonds, notes, and debentures.. Corporate stoeks (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..................... .
401,916.48 736,420.00
None None None 342,417.52 . 9,981.75 None
None None None
Total Assets ..................$ 1,490,735.75
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D'Ji~~!~n~~ ~~~~~s. ~~~ ~-o-~t.i~~~- ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~~r;~~!::::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
721,472.07 553,579.19
2,196.17 81,993.23
4,062.89 4,044.27
None
None None 25,000.00 25,000.00 23,387.93 50,000.00
Total Liabilities...............$ 1,490,735.75
STATEMENT Showing condition at the close of business December 31, 1957, of
NORmEAST GEORGIA BANK Lavonia, Ga.
As called for by the Superintendent of Banks
W. N. HARRISON, President.
Date of Charter: 9-20-1940
W. N. HARRISON, Cashier.
Began Business: 9-23-1940
ASSETS Cash, balanees with other banks, in-
a eluding reserve balances, and cash
items in proceBS of collection ...... $ United States Government obliga1> tiona, direct and guaranteed...... Obligat.io.n~ of States and political
subdiV1B1ons . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures. . Corporate stocks (including stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises........................ Investments and other a88ets indi-
rectly representing bank premises or other real estate . . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other ABSets... . . . . . . . . . . . . . . . . . . .
!22 ,582 . 23 1, 745,021.05
None :-;one None 251 , 603. 32 17,713. 43 None
None None None
Total Assets ..................S 2,436,920.03
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D~!!~n~f. ~~~~~- ~~- ~-ol~t~~~~- ~~~
Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
eount of this bank and outstanding ........................... . Other liabilities .................. .
~~~~f~!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
1,821,089.38 282,949.90 28,575.40 151,644.70 None 4,798.78 None
None 1, 770.32 50,000.00 75,000.00 21,091.55
None
Total Liabilities............... $ 2,436,920.03
82
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BRAND BANKING COMPANY Lawrenceville, Ga.
As called for by the Superintendent of Banks
MRS. LOUISE B. MORGAN, President.
Date of Charter: 6-2-1905
HARRISON W. BRASELTON, Cashier.
Began Business: 7-17-1905
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and
fixtures.................. Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
s TotalAssets ..................
638,083.73 1,298,593.41
520,915.42 184,009.38
3,000.00 1,231,256.59
34,479.24 None
None None None 3,910,337.77
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U. S. Government ..... . De~o~i!s of States and political sub-
dtvtstons ...................... . Deposits of banks ................ . Other deposits (certified and officera'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
Capital. ................ Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,311,492.04 1,599,488.19
7,521.60
688,559.74 None
30!.50 None
None None 50,000.00 50,000.00 182,971.70 20,000.00
Total Liabilities............... $ 3,910,337.77
STATEMENT
Showing condition at the close of business December 31, 1957, of
THE STATE BANK OF LEESBURG Leesburg, Ga.
As called for by the Superintendent of Banks
T. R. CANNON, President.
Date of Charter: 4-9-1947
T. R. CANNON, Cashier.
Began Business: 12-1-1947
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... S 175,883.02
United States Government obliga-
tions, direct and guaranteed ..... .
382,489.61
Obliga~io.~ of States and political
subdivlSlODS ...................
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
150,184 02
Bank premises owned, furniture and
fixtures........................ .
5,492.12
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 .................. S 714,048.77
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... . De~o~i!" of States and political sub-
div1s1ons ...................... . Deposits of banks ................ . Other deposits (certified and officera'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other lb.bilities.................. . Capital.. ........................ . Surplus ......................... .
Undivided profits................. . Reserves ........................ .
Tutal LiaJilities
s
---------------------------
292,515.56 103,943.76
None
226,030.70 None
None None
None 4,111.43 25,000.00 20,000.00 42,447.32
None
714,048.77
THIRTY-EIGHTH ANNUAL REPORT
83
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF LENOX Lenox, Ga.
As called for by the Superintendent of Banks
R. H. ROBINSON, President.
Date of Charter: 6-20-1907
W. M. REVELS, Ass't Cashier.
Began Business: 6-25-1907
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io_n~ of States and political
SUbdtVlSlODS . ... , ............. .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
376,288.26 675,049.46
73,058.42 None None
493,410.26 2,201.57 1.00
None None None
Total Assets .................. $ 1,620,008.97
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U. S. Government ..... .
D';fl~T!l~n~~ ~~~~~s. ~~~- ~-ol~t.i~~~. ~~~
Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
594,759.70 520,408.74
22,780.69
77,885.25 113,677.33
1,864.54 None
None 18,606.06 50,000.00 150,000.00 70,026.66
None
Total Liabilities...............$ 1,620,008.97
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS & MERCHANTS BANK Leslie, Ga.
As called for by the Superintendent of Banks
W. T. ANDERSON, President.
Date of Charter: 12-19-1940
ROBT. P. HINES, Cashier.
Began Business: 1-2-1941
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 235,070.28
United States Government obliga-
tions, direct and guaranteed ..... .
75,000.00
Obliga~io.n~ of States and political
SUbdtvtSlODS . ........ , , , .... , .
None
Other bonds, notes, and debentures..
200,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
123,564.67
Bank premises owned, furniture and
fixtures ........................ .
2,500.00
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
t acceptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total Assets ..................$ 636,134.95
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeP.~i!s of States and political sub-
divtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................. Capital. ......................... Surplus ......................... Undivided profits................. . Reserves ........................ .
392,208.60 178,386.20
None 854.65 5,000.00
None None
None 1,500.00 25,000.00 25,000.00 8,185.50
None
Total Liabilities...............$ 636,134.95
-84-------------="--D-E-P-A-'R-T-M-ENT OF BANK-IN -G- - - ' - - - - - - - - - - - -
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS BANKING COMPANY Lexington, Ga.
As called for by the Superintendent of Banks
W. E. EVANS, President.
Date of Charter: 2-7-1949
W. E. EVANS, Cashier.
Began Business: 3-10-1949
ASSETS
Cash, balances with other banks, in-
cludi~ reserve balances, and cash
items m process of collection......S 264,254.95
United States Government obliga-
tions, direct and guaranteed ..... .
147,000.00
Obli.ge~ioP';I of States and political
SUbdiVISIOnS ......
None
Other bonds, notes, and debentures..
93,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ................ , ....... . 267,806.48
Bank premises owned, furniture and
fixtures ........................ .
13,394.38
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............... oo.
1,368. 50
Total Assets ..............$ 786,824.31
LIABILITIES Demand deposits..................$ Time depos1ts.................... Deposits of U.S. Government ..... .
D~~~~~ ~~~~s. ~~~ ~o.I~t~~- ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, et~.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding. 0 Other liabilities .................. .
~~~~-. :::::::::::::::::::::::::
Undivided profits................. . Reserves ....... 0000. oo ........ oo
395,904.91 223,638.47
9,500.09 104,100.00
None 3,680.97
None
None None 25,000.00 15,000.00 9,999.87 None
Total Liabilities.............S 786,824.31
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS STATE BANK Lincolnton, Ga.
As called for by the Superintendent of Banks
J. J. HARNESBERGER, President.
Date of Charter: 9-26-1911
GEO. C. LEVERETT, JR., Cashier.
Began Business: 12-2-1911
ASSETS Cash, balances with other banks, in-
eludin,r reserve balances, and cash items m process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~o.~ of States and political
SUbdiVlRlOnS ................... .
Other bonds, notes, and debentures.. Co_!pOrate stoeks (including stoek of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ...... 0 .......... 0. 0 .. 0 Bank premises owned, furniture and
fixtures........................ . Real estate owned other than hank
premises....................... . Investments and other asaets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other .Assets..................... .
s TotalAssets ..................
643,288.29 814,612.50 182,255.35
39,987.50 None
437,326.80 2.00 None
None None None 2,117,472.44
LIABILITIES Demand deposits..................$ Time depos1ts .................... . Deposits of U. S. Government ..... Del!"'!i!B of States and political sub-
diviatons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
O tihnegr.l.i.a.bilities . . . . . . . . . . . . . . . . . . .
~~~~-. :::::::::::::::::::::::::
Undivided profits................. Reserves ........................
912,677.98 708,751.22
7,409.15 295,338.05
None 900.00
None
None 3,098.49 50,000.00 50,000.00 75,007.51 14,290.04
Total Liabilities...............$ 2,117,472.44
THIRTY-EIGHTH ANNUAL REPORT
85
STATEMENT Showing condition at the close of business December 31, 1957, of
THE PEOPLES BANK Lithonia, Ga.
As called for by the Superintendent of Banks
I. M. STARR, JR. President.
Date of Charter: 8-26-1910
J. C. STARR, Cashier.
Began Business: 1910
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... I 380,974.39
United States GovPrnment oblige.-
tions, direct and guaranteed ..... . 759,260.46
O~~fJl=onO:. -~~~~. ~~~ .~~~~c~~
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
309,615.94
Bank premises owned, furniture and
fixtures........................ .
1,814.10
Real estate owned other than hank
premises....................... .
None
Investments and other assets indi-
rectly representing hank premises
or other real estate............. .
None
Customers' liability to this bank on
acceptances outstanding.........
None
- - - - - Other Assets..................... .
None
Total Assets.................1 1,451,664.89
LIABILITIES Demand deposits..................1 Time depos1ts.................... . Deposits of U.S. Government ..... .
D~~~~~ ~~~~~s. ~~~ ~I~t.i~l. ~~~
Deposits of banks ............... .. Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
949,336.65 158,727.23 20,781.17 146,767.36 48,369.88
2,797.67 None
None 2,500.00 25,000.00 25,000.00 14,884.93 57,500.00
Total Liabilities........1 1,451,664.89
STATEMENT Showing condition at the close of business December 31, 1957, of
THE FARMERS BANK Locust Grove. Ga.
As called for by the Superintendent of Banks
J. 0. MINTER, President.
Date of Charter: 1-3-1910
JULIAN A. BROWN, Cashier.
Began Business: 1-1910
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......1 125,581.59
United States Government oblige.-
tions, direct and guaranteed..... .
226,996.61
Obliga~io~ of States and political
subdlVlSJons . . . . . . . . . . . . . . . . . . . .
None
Other bonds, notes, and debentures.
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
140,868.75
13ank premises owned, furniture and
fixtures ........................ .
1,000.00
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..................I 494,446.95
LIABILITIES Demand deposits..................1 Time depOBits.................... . Deposits of U.S. Government ..... .
D";E~!~n~~ ~~~~- ~~~- ~~t~~~. ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of tilis hank and outstanding ........................... .
::::::::::::::::::::::::: Other liabilities.................. .
~~;ru!.
Undivided profits................. . Reserves........................ .
378,414.51 None
997.00
54,618.14 None
None None
None None 30,000.00 20,000.00 10,417.30 None
Total Liabilities...............I 494,446.95
86 -----------------D--E-P-A--R-T-M- ENT OF BANKIN--G------------------------
STATEMENT Showing condition at the elose of business December 31, 1957, of
BANK OF LOGANVILLE Loganville, Ga.
As ealled for by the Superintendent of Banks
C. A. KELLEY, JR., President.
Date of Charter: 5-6-1946
G. H. ROUNTREE, Cashier.
Began Business: 10-5-1946
ASSETS Cash, balances with othor banks, in-
cluJing rescr\pe b,\lan~~s, and ca:ih items in p:-o..!eS3 of colbction...... S Unite:..l. SLates Uo\rernme~t o Jli~ations, direct and guaranteed ..... . Obligat_io.n~ of ~tates ami political
8UbdlVlS10DS ..........
Other bonds, notes, and debentures.. Corporate stocks (inclu:ling stock of
Federal Reserve Bank) .......... . Loans and disoounts (including over-
drafts) ........................ . 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 .................$
108,967.31 280,173.21
None 75,071.81
None 170,010.24
13,394.01 None
None None 277.84 647,894.42
LIABILITIES Demand deposits..................$ Time depJsits.................... . Dep~sits of U.S. G~vernment . . . . . .
DopJsits of Scates and pJiitical subdivisions ...................... .
Dep>Bits of banks ................ . Other dcpJsits (certified and officers'
che"ks, etc.) ................... . Bills payable..................... .
Acceptance execute:! by or for accJunt of this bank and outstanding ........................... .
Other liabilities .................. . Capital.. ........................ . Surplus ......................... .
Undivi:ied profits................. . Reserves ........................ .
329,940.50 170,617.55
10,451.61
67,006.32 10,000.00
None None
None None 25,000.00 20,000.00 9,563.84 5,314.60
Total Liabilities...............$ 647,894.42
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF LUMBER CITY Lumber City, Ga~
As ealled for by the Superintendent of Banks
M. F. THOMPSON, President.
Date of Charter: 5-22-1945
VIRGIL JONES, Cashier.
Began Business: 7-2-1945
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 124,565.80
United States Government obliga-
tions, direct and guaranteed ..... .
270,000.00
Obliga~io.n~ of States and political
SUbdlVlSlODS .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
177,973.61
Bank premises owned, furniture and
fixtures........................ .
4,089.69
Real estnte 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..................... .-------N-o-n-e
Total Assets .................. I 576,629.10
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... . Del!u~i!s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... .
Acceptances executed by or for account of this bank and outstanding ...........................
Other liabilities .................. Capital. ......................... . Sllrplus ......................... . Undivided profits................. . Reserves ........................ .
284,132.37 None
6,233.75
212,833.40 None
1,240.51 None
None 2,964. 74 25,000.00 40,000.00 4,224.33
None
Total Liabilities............... $ 576,629.10
THIRTY-EIGHTH ANNUA=L=--=R=E=-P.::::O.=R:.::T_ _ _ _ _ _ _87
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS STATE BANK Lumpkin, Ga.
As called for by the Superintendent of Banks
S. S. FORT, JR., President.
Date of Charter: 10-21-1911
BESSIE D. FORT, Cashier.
Began Business: 12-1911
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 462,703.91 United States Government obliga-
tions, direct anti guaranteed ..... . Obligat.io.n~ of ::ltates and political
381,931.55
subdlVlSIODS ..........
134,071.60
Other bonds, notes, and debentures..
78,000.00
Corporate stocks (including stock of
Fe,leral Uescrve Bank) .......... .
None
Loans and discount& (including over-
drafts) ........................ .
344,805.25
Bank premises owned, furniture and
fixtures ........................ .
13,072.97
Real estate owned other than bank
pren1ises....................... .
None
Investments and other assets indi-
rectl.v representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
Other Assets..................... .- - - -No-ne
Total Assets ..................$ 1,414,585.28
LIABILITIES Demand deposits.................. $
Time deposits.................... . Deposits of U. S. Government . . . . . . Deposits of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:r~r:!..::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
889,707.11 211,688.84
5, 783.54
177,081.58 None
1,544.91 None
None 23,691.12 50,000.00 50,000.00
5,088.18 None
Total Liabilities...............$ 1,414,585.28
STATEMENT
Showing condition at the close of business December 31, 1957, 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 ...... $ 133,903.49
United States Government obliga-
tions, direct and guaranteed ..... .
479,375.25
Obliga~io.n~ of States and political
subdlvlslons ................... .
None
Other bonds, notes, and debentures..
5,000.00
Corporate stocks (including stock of
Federal Heserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
56,992.00
Bank premises owned, furniture and
fixtures........................ .
344.70
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 ..................$ 675,615.44
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptanoes executed by or for ac-
count of this bank and outstanding ........................... .
:.-: ::::::::::::: ::::::::: Other liabilities.................. .
~:r~r:!.
Undivided profits................. . Reserves ........................ .
423,080.19 142,592.64
None
54,786.44 None
2,156.54 None
None 3,721.96 25,000.00 15,000.00
None 9,277.67
Total Liabilities............. $ 675,615.44
88
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, 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
CHAS. W. McCALL, Cashier.
Began Business: 6-1-1935
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... I United Statee Government obligations, direct and guaranteed ..... . Obliga~iop~ of Statee and political
SUbdiVIBIODS
Other bonds, notes, and debentures.. Con><>rate stocks (including stock of I Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing benk premises or other real estate............. . Customers' liability to this benk on acceptances outstanding......... . Other Assets...................
710,540.59 722,900.25
84,771.60 290,000.00
None 656,451.34
6,866.08 None
None None None
Total Assets ...............$ 2,471,529.86
LIABILITIES Demand deposits...............$ Time deposits.................... Deposits of U.S. Government ..... .
D~~~~ ~~~~- ~~~ ~l~t~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital.......................... . Surplus......................... . Undivided profits................. Reserves ........................
1,350,318.57 361,749.92 9,140.37 379,137.52 141,376.16 13,772.05 None
None None 25,000.00 125,000.00 66,035.27 None
Total Liabilities...............$ 2,471,529.86
STATEMENT Showing condition at the close of business December 31, 1957, of
THE MERCHANTS & CITIZENS BANK McRae, Ga.
As called for by the Superintendent of Banks
R. E. MANN, President.
Date of Charter: 3-28-1929
R. M. PARSONS, Cashier.
Began Business: 2-23-1929
ASSETS
Cash, balances with other banks, in-
eluding reserve balances, and cash
r items in prOCCBB of collection...... I 523,232.28
United Statee Government obliga-
1 tions, direct and guaranteed ..... . 1,540,377.00
Obliga~i~n~ of Statee and political
t SUbdiVIBIODB
132,808.37
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
t Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 423,663.60
Bank premises owned, furniture and
fixtures . . . . . . . . . . . . . . . . . . . . . . .
2.00
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total ~ts ................ $ 2,620,083.25
LIABILITIES Demand deposits..................I Time depos1ts.................... . Deposits of U.S. Government ..... .
Ddi~l~~~ ~~~- ~~- ~-~~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. Reserves ........................ .
1,691,331.62 91,814.99 26,646.02 517,417.52 3,770.14
1,664.13 None
None 26,562.42 50,000.00 100,000.00 35,000.00 75,876.41
Total Liabilities...............$ 2,620,083.25
THIRTY-EIGHTH ANNUAL REP_~O--=R-'-T_ _ _ _ _ ___:8:..c.9
STATEMENT Showing condition at the close of business December 31, 1957, 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...... Obliga~io_n~ of States and political SUbdiVISIOns.................... Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises or other real est.ate.............. Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . .
1 ,859,491. 69 2,604,065.88
300,506.93 350,351.50
None 3,358,769.71
31,138.63 18, 500.00
None None 249. 98
Total Assets..................$ 8,523,074.32
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':flri!~n~f. ~~~~~. ~~~. ~.o~~t~~l. ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks. etc.) ................... . Bills payable.................... Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves .......................
3,997,075.66 2,120,162. 77
86,070.49
1,277 ,656. 91 30,827.30
20,450.40 None
None 79,283.49 275.000.00 600,000.00 36,547.30
None
Total Liabilities.........$ 8,523,074.32
STATEMENT Showing condition at the close of business December 31, 1957, 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-
cluding reserve balances, and cash items in proce!'S of collection...... $ United States Government obligations, direct and guaranteed..... . Obliga~i~~ of States and political eu'bd1V18lons . .................. 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.....................
205,353.76 945,119.74 37,280.00
None None 848,821.47 11,894.13 None
None None None
Total Assets.................$ 2,048,469.10
LIABILITIES Demand deposits..................$ Time deposits.................... Deposits of U.S. Government ..... . DeJ!Ol!i!>J of States and political sub-
diviSlons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ao-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................
888,928.88 703,186.62
3,925.32
245,092.14 None
1,232.00 None
None None 50,000.00 40,000.00 116,104.14 None
Total Liabilities...............$ 2,048,469.10
90
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, 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 reserv<> balances, and cash items in process of collection...... S L'nited States Government obligations, direct and guaranteed ..... . Obliga~io!'~ of States and political
SubdJVISIODS .....
Ot.her bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ................. ... . 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 Aasets..................... .
841,023.49 846,162.50 237,341.72
89,921.88 None
1,000,587.72 10,498.55 5,865.39
None None 8,625.88
Total Assets..................$ 3,040,027.13
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... . Dcl?o~i!s of States and political sub-
dtvtsJons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
1,416,984.51 800,398.19 13,598.50 452,132.35 None 5,261.48 None
None 44,917.17 120,000.00 130,000.00 36,734.93 20,000.00
Total Liabilities............... $ 3, 040,027. 13
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS & MERCHANTS BANK OF MANCHESTER Manchester, Ga.
As called for by the Superintendent of Banks
ELMER LOFTIN, President.
Date of Charter: 10-7-1947
BEN W. KEY, JR., Cashier.
Began Business: 2-2-1948
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United StatP.s Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political
SUbdtVlSlODS .. , , , ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts). ................ ... 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..................... .
387,244.21 170,000.00
None None None 825,331.01 15,310.39 None
None None None
Total Assets..................$ 1,397,885.61
LIABILITIES Demand deposits................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D'Ji~T!!~n~f. ~~~~~. ~~~ ~o!~t.i~~~- ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... Surplus......................... . Undivided profits................. Reserves ......................
497,571.51 514,958.00
9,645.82 235,799.76
None 5,373.39
None
None 11,630.00 50,000.00 50,000.00 18.782.13 4,125.00
Total Liabilities...............$ 1,397,885.61
THIRTY-EIGHTH ANNUAL REPORT
91
~----------------------
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF MANSFIELD Mansfield, Ga.
As called for by the Superintendent of Banks
A. E. HAYS, President.
Date of Charter: 12-19-1945
G. BARRON DAVIS, Cashier.
Began Business: 3-1-1946
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ......S 168,464.99
United States Government obliga-
tions, direct and guaranteed ..... .
93,767.51
Obliga~io.D;' of States and political
SUbdtVlSlODS , , . , .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
257,863.39
Bank premises owned, furniture and
fixtures ........................ .
1,341.34
Res! 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.................. S 521,437.23
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of lT. S. Government . . . . . .
D'Jlri!l~n~f ~~~~~s. ~~d. ~.o.l~ti~~~. ~~b~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~~r;f~!.::: ::: :::::::::::::::::::
Undivided profits................. . Reserves ........................ .
231,531.92 125,567.46
580.15 96,960.74
None
1,808.90 None
None 177.45 25,000.00 30,000.00 9,810.61
None
Total Liabilities...............$ 521,437.23
STATEMENT Showing condition at the close of business December 31, 1957, of
COBB EXCHANGE BANK Marietta, Ga.
As called for by the Superintendent of Banks
ROSSER N. LITTLE, President.
Date of Charter: 12-18-1906
0. D. KEMP, Cashier.
Began Business: 1-1-1907
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~io.D;J of States and political
SUbdtVlSlODS . , ...
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Res! 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 '701 ,878.13 2,458,486.60
512,865.08 None None
3 ,145,712.26 127,282.58
l.OO
None None 4,478.62
Total Assets..................$ 7 ,950, 704.27
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D'Jlri!l~n~f. ~~~~es ~~~. ~.o.l~t.i~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
4,684,482.66 1,236,562.50
254,406.30 1,225,298.16
None 68.00 None
None 92,981.26 250,000.00 150,000.00 56,905.39
None
Totnl Liabilities............... $ 7,950,704.27
92
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, of
MARIETTA COMMERCIAL BANK Marietta, Ga.
As called for by the Superintendent of Banks
B. H. THOMPSON, President.
Date of Charter: 9-2-1955
W. L. WILLIAMSON, Cashier.
Began Business: 9-17-1956
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Ob)igat_io~~ of States and political
SUbdlVISlODS . .......... , ..... , ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
1,027,010.63 1,444,410.10
8,042.75 54,987.50
None 758,016.90 132,075.70
None
None None 7,428.23
Total Assets..............$ 3,431,971.81
LIABILITIES Demand deposits.................. S Time depos1ts.................... . Deposits of U.S. Government ..... . DeJ?~i!s of States and political sub-
diVISlons ...................... . Deposits of hanks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ar.-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ........................ Undivided profits................. . Reserves .......................
758,708.99 210,240.45 143,890.58 1,980,737.87
10,893.08 9,630.52
None
None 7.95 240,000.00 50,000.00 27,862.37 None
Total Liabilities..........$ 3,431,971.81
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS BANK Marshallville, Ga.
As called for by the Superintendent of Banks
C. C. HASLAM, President.
Date of Charter: 12-24-1906
C. C. HASLAM, Cashier.
Began Business: 1-1-1907
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 157,062.27
United States Government obliga-
tions, direct and guaranteed ..... .
173,000.00
Obligat,io~~ of States and political
SUbdiVlSlODS , , , .............
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 265,333.38
Bank premises owned, furniture and
fixtures........................ .
2.00
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total Assets..................$ 595,397.65
LIABILITIES Demand deposits.................. S Time depos1ts .................... . Deposits of U.S. Government ..... .
D';Ji~!~~~ ~~~~~- ~~~ ~-l~t~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
239,120.52 135,077.02
None 113,980.33
None 4,250.38
None
None 3,921.00 30,000.00 30,000.00 24,000.00 15,048.40
Total Liabilities...............S 595,397.65
-----=T=-=H=I=RTY-EIGHTH ANNUAL REPORT
93
STATEMENT Showing condition at the close of business December 31, 1957, of
GEORGIA BANKING CO. Marshallville, Ga.
As called for by the Superintendent of Banks
JOHN C. WALKER, JR., President.
Date of Charter: 9-19-1910
MRS. ETHEL S. JONES, Cashier.
Began Business: 9-27-1910
ASSETS
Cash, balances with other banks, in-
cludin~ reserve balances, and cash
items m process of collection......S 112,359.31
United States Government obliga-
tions, direct and guaranteed ..... . Obligat.io_n~ of States and political
114,700.00
SubdivtSIODS, ... , , ......... , , .. .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
138,697.96
Bank premises owned, furniture and
fixtures ........................ .
1, 700.00
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 .................. $ 367,457.27
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... .
D':fl~~~~n~~ ~~~~- ~~~- ~~l~t.i~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities .................. .
~apif:. '.' .': : : : : : : : :: : : : : : : : :: : : : :
U'::'Jivided profits................. . Reserves ........................ .
144,479.32 95,757.97
None
80,194.98 None
None None
None None 25,000.00 15,000.00 7,025.00 None
Total Liabilities...............$ 367,457.27
STATEMENT
Showing condition at the close of business December 31, 1957, of
BANK OF MEIGS Meigs, Ga.
As called for by the Superintendent of Banks
LEO WILKES, President.
Date of Charter: 5-8-1903
0. H. LEWIS, Cashier.
Began Business: 6-1903
ASSETS
Cash, balances "ith other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 283,332.58
United States Government obliga-
tions, direct and guaranteed ..... .
150,807.02
Obliga~io_n~ of States and political
subdiVISIOnS . . . . . . . . . . . . . . . . . . . .
6,000.00
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
549,805.09
Bank premises owned, furniture and
fixtures........................ .
2.00
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total Assets .................. S 989,946.69
LIABILITIES Demand deposits.................. S Time depos1ts.................... . Deposits of U.S. Government ..... .
D':fl~T!~~n~f. ~~~~~s. ~~~. ~.o.~t.i~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
481,081.22 277,844.48
11,282.99 43,875.73 12,618.73 4,391.07
None
None 4,265.56 50,000.00 50,000.00 1,586.91 53,000.00
Total Liabilities...............S 989,946.69
94
_ _ _ ___:D::...:E=P=-=A:.:::R::..::_T=M.ENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
METTER BANKING COMPANY Metter, Ga.
As called for by the Superintendent of Banks
M. E. TRAPNELL, President.
Date of Charter: 7-25-1930
D. J. PARRISH, Cashier.
Began Business: 8-26-1935
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political subdtviswns ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtttres ........................ . Real estate owned other than bank premises....................... . Investments and other asseb indirectJv representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
333,391.61 1,564,643.26
87,395.31 69,906.25
None 945,341.71
5,982.06 None
None None 9,322.17
Total Assets .................. $ 3,015,982.37
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government . . . . . . Def!o~its of States and political sub-
dtvtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .
1,527,643.47 913,155.59 22,112.35 267,173.07 None 8,196.92 None
None 51,087.90 100,000.00 100,000.00 16,613.07 10,000.00
Total Liabilities............... $ 3,015,982.37
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF MIDVILLE Midville, Ga.
As called for by the Superintendent of Banks
J. B. THURMAN, President.
Date of Charter: 4-13-1945
R. H. SIMS, Cashier.
Began Business: 5-21-1945
ASSETS
Cash, balances \\;th other banks, in-
cluding reserve balances, and cash
items i'l process of collection ...... S 106,173.18
United States Government obliga-
tions, direct and guaranteed ..... .
135,134.38
Obliga~io.n~ of States and political
SubdiYISIOOS . . . . . . . . . . . . . . . . . .
27,445.84
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounta (including over-
drafts) ........................ .
296,233.36
Bank premises owned, furniture and
fixtures........................ .
1.00
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 Asseta.................. S 564,987.76
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D':ft~!1~n~f. ~~~t~s. ~~~. ~.o.l~t.i~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Eills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
299,582.73 101,864.14
None
83,002.11 None
3,674.54 None
None 2,896.04 25,000.00 35,000.00 7,907.96 6,060.24
Total Liabilities............... S 564,987.76
THIRTY-EIGHTH ANNUAL REPORT
95
STATEMENT Showing condition at the close of business Deeember 31, 1957, of
BANK OF MILAN Milan, Ga.
As called for by the Superintendent of Banks
W. C. McCRANIE, President.
Date of Charter: 12-5-1906
JACK B. WETHERINGTON, Cashier.
Began Business: 10-1906
ASSETS Cash, balances with other banks, 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
subdtVlSlODS . .................. ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investment& and other assets indi-
rectly representing bank premises or other r~al estate . . . . . . . . . . . . . . Customers' liability to this bank on aceeptances outstanding......... . Other Assets..................... .
252,391.76 570,000.00
None None None 277,640.75 2.00 None
None None None
Total Assets .................. $ 1,100,034. 51
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D'Jl~T!!~n~f. ~~~t':'". ~~~- .p.~l~t!~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:pif:!. ::: : : : : : : : : : : : : : : : : :: : : : :
un'divided profits................. . Reserves ........................ .
557,683.20 387,907.61
2,417.50 49,041.60
None None None
None 2,161.25 35,000 00 25,000 00 28,398.24 12,425.11
Total Liabilities...............$ 1,100,034.51
STATEMENT Showing condition at the close of business December 31, 1957, of
EXCHANGE BANK OF MILLEDGEVILLE Milledgeville, Ga.
As called for by the Superintendent of Banks
OTTO M. CONN, President.
Date of Charter: 5-20-1903
OTTO C. MORRISON, Cashier.
Began Business: 6-1-1903
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~io_n~ of States and political subdtVISlOns. . . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures. . Corporate stocks (including stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts)......................... 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......................
970,529.83 1, 379,634.32
509,466. 64 519,431.25
None 1,548,172.84
124, 262 .72 None
None None 17,851.00
Total Assets..................$ 5,069,348.60
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
D'Jl~T!!~n~f. ~~~~~s. ~~~- ~-ol~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities ................. ..
~:~~f~!::::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
1,356,434.47 1,678,686.65
46,290.18 1,248,084.95
337,745.41 15,744.50 None
None 14,000.00 100,000.00 250,000.00 22,362.44
None
Total Liabilities............... $ 5,069,348.60
96
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, of
THE MERCHANTS AND FARMERS BANK Milledgeville, Ga.
As called for by the Superintendent of Banks
J. F. BELL, President.
Date of Charter: 3-22-1898
J. R. ALLEN, Cashier.
Began Business: 3-1898
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......S United States Government obligations, direct and guaranteed . . . . . . Obliga~io_n~ of States and political subdtVlSlons. . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank). . . . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures..... . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises or other real estate.............. Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .
880,492.23 1,497,726. 56
293,576.34 20,000.00 None
1,361,886.33 44,693.66 1.00
None None 767. 31
Total Assets ................. S 4, 099, 143 .43
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
Decfl~!~n~f. ~~~- ~~. ~-o~~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable................... Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,452,363.49 1,473,439.36
43,962.58 746,645.67
None 3,795.84
None
None None 150,000.00 200,000.00 28,936.49 None
Total Liabilities...............S 4,099,143.43
STATEMENT Showing condition at the close of business December 31, 1957, of
THE MILLEDGEVILLE BANKING COMPANY Milledgeville, Ga.
As called for by the Superintendent of Banks
MILLER R. BELL, President.
Date of Charter: 2-28-1874
MILLER R. BELL, Cashier.
Began Business: 10-13-1884
ASSETS Cash, balances with other banks, in-
cludinf; reserve balances, and cash items m process of collection...... $ United States Government obligations, direct and guaranteed...... Obliga~io~ of States and political subdivlBtons. . . . . . . . . . . . . . . . . . . . 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.. . . . . . . . . . . . . . . . . . . . .
988,682.01 2,433,346.88
135,336 .42 35,664.71
None 2,444,881.41
2.00 1. 00
None None None
Total Assets ..................$ 6,037,914.43
LIABILITIES Demand deposits.................. S Time depostts.................... . Deposits of U.S. Government ..... .
Dr~~~f. ~~~':". ~~. ~.~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,958,777.31 2,502,104.06
95,528.05 566,377.43 74,135.23 35,724.89
None
None 18,827.00 200,000.00 200,000.00 122,690.46 263,750.00
Total Liabilities............... S 6,037,914.43
_ _ _ _ _ _ _ _T=-=H=I=R=TY-EIGHTH ANNUAL REPORT
97
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF MILLEN Millen, Ga.
As called for by the Superintendent of Banks
W. H. SHEPPARD, President.
Date of Charter: 1-4-1893
W. H. SHEPPARD, Cashier.
Began Business: 3-1-1893
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proceBS of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io!'~ of States and political subdiVISIOnS ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans ann discounts (including overdrafts) .. , ..................... . Bank premisPs owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other aBSets indirectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other A88ets.....................
505,090.00
~.501,116.19
None None None 864,474.56 59,452.32 5,000.00
None None None
Total A88ets .................. $ 2,935,133.07
LIABILITIES Demand deposits..................$ Time depos1ts.................... .
Deposits of U.S. Government ..... .
D~~~l~n~~ ~~~~~s. ~~ ~!~t~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves .......................
1,641,562.44 816,474.21 7,258.79 167,720.46 None 7,474.31 None
None None 50,000.00 150,000.00 94,642.86 None
Total Liabilities............... $ 2,935,133.07
STATEMENT
Showing condition at the close of business December 31, 1957, of
BANK OF MOLENA Molena, Ga.
As called for by the Superintendent of Banks
R. H. FLETCHER, President.
Date of Charter: 10-7-1901
C. M. LIFSEY, Cashier.
Began Business: 3-1899
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in proceBS of collection...... $ 100,479.69
United States Government obliga-
tions, direct and guaranteed ..... .
230,400.00
Obliga~i~n~ of States and political
SUbdlVISlODS ......... , , , ....
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Losna and discounts (including over-
drafts) ........................ .
135,643.67
Bank premises owned, furniture and
fixtures........................ .
401.00
Real estate owned other than bank
premises....................... .
1.00
Investments and other aBSeta indi-
rectly representing bank premises
or other real estate............. .
None
Customers' liability to this hank on
acceptances outstanding......... .
None
- - - - - Other ABSets..................... .
None
Total A88ets . . . . . . . . . . . . . . . . . . $ 466,925.36
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposita of U.S. Government ..... .
D~~!l~~~ ~~~~~- ~~ ~o-~~~- ~~~
Deposits of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
228,256.29 138,145.45
None 60,473.17
None 778.11
None
None 1,200.00 15,000.00 18,000.00 5,072.34
None
Total Liabilities............... $ 466,925.36
98
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, of
THE FARMERS BANK Monroe, Ga.
As called for by the Superintendent of Banks
GEO. W. BAKER, President.
Date of Charter: 1-1-1906
J. B. BUTTS, Cashier.
Began Business: 1-1-1906
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ .
Real estate owned other than bank premises....................... .
Investments and other assets indirectly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
868,748.18 1,219,109.38
223,328.85 154,945.00
6,000.00 1,911,346.20
39,696.17 None
None None None
Total Assets .................$ 4,423, 173.78
LIABILITIES Demand deposits.................. $ Time deposits.................... . Dep3sits of U.S. Government ..... .
Ddi~i!l~~r. ~~~~~s. ~~-d. ~o.l~t.i~~l. ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for so-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,181,577. 73 1,225,085.89
87,924.66
515,067.93 None
3,935.97 None
None 26,609.55 lOO,OJO.OO 100,000.00 I82,972.05
None
Total Liabilities............... $ 4,423,173.78
STATEMENT
Showing condition at the close of business December 31, 1957, of
MONTEZUMA BANKING COMPANY Montezuma, Ga.
As called for by the Superintendent of Banks
T. M. ADAMS, President.
Date of Charter: 10-23-1948
C. W. KINMAN, Cashier.
Began Business: 1-10-1949
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S United States Government obliga-
tions, direct and guaranteed ..... . Obliga~io.~ of States and political
SUbdlVl.SlODS , ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ .
Bank premises owned, furniture and fixtures........................ .
Real estate owned other than bank premises....................... .
Investments and other assets indirectly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
331,173.97 404,757.34 128,077.22
None None 608,833.96 I7,146. 74 None
None None None
Total Assets .................. S I ,489, 989. 23
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
Ddi~!!~~f. ~~~s. ~~- ~-ol~t~~l. ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acr.eptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities .................. . Capital. ......................... .
Surplus ......................... . Undivided profits................. . Reserves ........................ .
613,565.98 343,280.85
5,642.42
361,799.21 None
14,470.46 None
None None 50,000.00 50,000.00 40,715.63 10,514.68
Total Liabilities............... S I ,489 ,989 .23
THIRTY-EIGHTH ANNUAL REPORT
99
STATEMENT Showing condition at the close of business December 31, 1957, of
MOULTRIE BANKING COMPANY Moultrie, Ga.
As called for by the Superintendent of Banks
W. J. BAIRD, President.
Date of Charter: 7-8-1896
R. G. McDONALD, Cashier.
Began Business: 1896
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligat_io.n~ of States and political
SUbdtVISlODS
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
1,539,719.33 2,646,928.80
428,209.04 None
10,600.00 6,111,200.69
92,562.80 None
None None 23,865.82
Total Assets..................$ 10,853,086.48
LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U.S. Government ..... .
D';fl~~!l~n~~ ~~~~~s. ~~.~ .~~l~t.i~~~ ~u~
Deposits of banks ............... .. Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
6,195, 765.42 1,987,113.03
151,594.44 625,560.37 353,289.62 150,351.79
None
None 213,010.95 200,000.00 500,000.00 261,756.11 214,644.75
Total Liabilities...............$ 10,853,086.48
STATEMENT Showing condition at the close of business December 31, 1957, of
MOUNT VERNON BANK Mount Vernon, Ga.
As called for by the Superintendent of Banks
D. A. McRAE, SR.,
Pr~sident.
Date of Charter: 12-21-1900
G. E. HUGHES, Cashier.
Began Business: 1-24-1901
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 235,765.40
United States Government obliga-
tions, direct and guaranteed ..... .
332,195.75
Obliga~io.n~ of States and political
SUbdlVISlODS. ,
32,534.81
Other bonds, notes, and debentures ..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ......................
276,990.78
Bank premises owned, furniture and
fixtures........................ .
2,510.09
Real estate owned other than bank
premises... o... 0
0 0. 0
None
InvestmP.nts 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..................$ 879,996.83
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D';fl~~!l~n~~ ~~~~~s. ~~ ~o.l~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing............ ooo.
Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves .. o. o o o. o o 0 o 0 o o
461,937.53 116,400.74
11,684.54
143,109.96 21,384.43
263.73 None
None 14,236.00 30,000.00 50,000.00 30,979.90
None
Total Liabilities...............$ 879,996.83
100
DEPARTMENT OF BANKINc..:....:::G_ _ _ _ _ _ _ __
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS BANK Nashville, Ga.
As called for by the Superintendent of Banks
M. E. PERRY, President.
Date of Charter: 2-19-1943
OUIDA WILSON, Cashier.
Began Business: 3-1943
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in pro~.ess of collection...... S United States Government obligations, direct and guaranteed...... Obliga~io~ of States and political subd1 vtSlons . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federnl Reserve Bank)... . . . . . . . . Loans and discounts (including overdrafts) . . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and fixtures......................... Renl 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......................
692,018.84 1,175,000.00
None None None 518,987.57 29,510.00 None
None None None
Total Assets ..............$ 2,415,516.41
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D1i~!ron~~ ~~~~~s. ~~ ~.o.~t.i~I. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ...................... ..
1,065,886.62 663,074.85 33,148.14 159,265.84 257,050.97 3,914.67 None
None 4,000.00 50,000.00 50,000.00 4,175.32 125,000.00
Total Liabilities...............$ 2,415,516.41
STATEMENT Showing condition at the close of business December 31, 1957, of
THE UNITED BANKING COMPANY Nashville, Ga.
As called for by the Superintendent of Banks
H. D. HAND, President.
Date of Charter: 7-10-1924
MRS. E. K. FULLER, Cashier.
Began Business: 7-1924
ASSETS
Cash, balances with other banks, in-
cludi~~J reserve balances, and cash
items m process of collection......S 601,430.86
United States Government obliga-
tions, direct and guaranteed..... . 579,593.75
Obliga~o~ of States and political
subdivtSlOns . . . . . . . . . . . . . . . . . . .
54,651.42
Other honda, notes, and debentures..
184,585.94
Corporate stocks (including stock of
Federal Reserve Bank) ........
None
Loans and discounts (including over-
drafts) ........................ . 835,415.90
Bank premises owned, furniture and
fixtures........................ .
21,900.00
Real estate owned other than bank
premises......................
None
Investments and other assets indi-
rectly representing bank premises
or otner res! estate ............. .
None
Customers' liability to this bank on
acceptances outstanding.........
None
- - - - - - Other Assets..................... .
None
Total Assets ..................S 2,277,577.87
LIABILITIES Demand deposits..................$ Time deposits.................... . DepOAits of U.S. Government ..... .
D1i~!ron~~ ~~~- ~~ ~~t~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................. .. Capital. ......................... Surplus ......................... . Undivided profits................. . Reserves ........................ .
940,502.79 555,168.92
14,662.46 233,161.58 91,294.23 36,109.29 200,000.00
None None 50,000.00 50,000.00 6,678.60 100,000.00
Total Liabilities............... S 2,277,577.87
THIRTY-EIGHTH ANNUAL REPORT
101
STATEMENT Showing condition at the close of business Deeember 31, 1957, of
BANK OF NEWINGTON Newington, Ga.
As ealled for by the Superintendent of Banks
HORACE V. WELLS, President.
Date of Charter: 7-7-1919
ADIEL E. HODGES, Cashier.
Began Business: 8-14-1919
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 45,108.52
United States Government obliga-
tions, direct and guaranteed ..... .
105,000.00
Obliga~iop~ of States and political
subdJVlSJOns ...................
None
Other bonds, notes, and debentures..
29,985.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
48,134.17
Bank premises owned, furniture and
fixtures........................ .
400.00
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..............$ 228,627.69
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D'Ji~!t~f. ~~~~~- ~~ ~-l~t~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus......................... . Undivided profits................. Reserves ........................
159,170.56 None None
33,800.00 None
83.89 None
None None 15,000.00 15,000.00 5,573.24 None
Total Liabilities.......$ 228,627.69
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS AND SOUTHERN NEWNAN BANK Newnan, Ga.
As ealled for by the Superintendent of Banks
D. M. CARROLL, President.
Date of Charter: 2-25-1955
B.S. ASKEW, Cashier.
Began Business: 2-25-1955
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~iop~ of States and political ~ subdJVlSJons . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures .. Corporate stocks (including stock of I 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..................... .
2,490, 739.29 2,150,083.59
148,910.75 133,436.89
None 3,777,105.59
133,148.31 17,375.00
None None 36,591.94
Total Assets.................S 8,887 ,391.36
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... . De~i!s of States and political sub-
divisions ...................... . Deposits of banks ................ Other deposits (certified and officers'
checks, etc.) ................... . Bills payable.................... Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities .................. Capital.......................... . Surplus ........................ Undivided profits................. . Reserves ........................
3,651,458.20 2,246,783.97
114,102.29
1,264,613.00 610,863.02
18,494.54 None
None 213,301.94 250,000.00 300,000.00 201,674.40
16,100.00
Total Liabilities...........$ 8,887,391.36
102
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
BAKER COUNTY BANK Newton, Ga.
As called for by the Superintendent of Banks
LEO T. BARBER, President.
Date of Charter: 10-4-1906
0. C. SINDERSINE, Cashier.
Began Business: 10-15-1906
ASSETS
Cash, balances with other banks, in-
eluding reserve balances, and cash
items in process of collection...... $ 153,533.88
United States Governn1ent obliga-
tions, direct and guaranteed ..... .
288,000.00
Obligat.io.n~ of States and political
SUOdlVlSlODS , .... , .
None
Other bonds, notes, and debentures..
None
Corporate stocks (iadmling stock of
Federal Heserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
212,701.86
Bank premises owned, furniture and
fixtures........................ .
1,204.95
Real estate owned other than bank
premises....................... .
1,500.00
Investments and other assets indi-
rectly representing bank premises
or other rea) estate. . . . . . . . . . . . . .
None
Customers' liability to this bank on
acceptances outstanding..........
None
- - - - - - Other Assets......................
106,890.03
Total Assets ..................$ 763, 830. 72
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... . DeJ?"'!i~s of States and political sub-
dtvunons ...................... .
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities ......... .'........ . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
347,696.88 59,633.53 8!0.00
216,767.75 None
4,626.54 None
None 6,534.05 25,000.00 50,000.00 29,046.61 23,685.36
Total Liabilities...............$ 763,830.72
STATEMENT Showing condition at the close of business December 31, 1957, of
NICHOLLS STATE BANK Nicholls, Ga.
As called for by the Superintendent of Banks
ELMO TANNER, President.
Date of Charter: 12-2-1952
R. G. LOTT, Cashier.
Began Business: 1-2-1953
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 133,664.95
United States Government obliga-
tions, direct and guaranteed ..... .
304,142.82
Obliga~io_n~ of States and political
SUbdlVlSlODS ................... .
None
Other bonds, notes, and debentures..
None
Corporate stocks {including stock of
Federal Heserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
112,527.80
Bank premises owned, furniture and
fixtures........................ .
3,379.03
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
361.28
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - - Other Assets..................... .
None
Total Aasets ..................$ 554,075.88
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government . . . . . . DeJ?o~i~s of States and political sub-
dlvlstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
228,245.60 199,996.38
460.22
73,491.08 None
1,155.73 None
None None 25,000.00 15,000.00 10,726.87 None
Total Liabilities...............$ 554,075.88
________________T=H==IR~T~Y~-~E~IGHTHA=N~N~U~A==L~R=E=P~O~R=T~------------=10=3
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF NORCROSS Norcross, Ga.
As called for by the Superintendent of Banks
CLIFFORD JONES, President.
Date of Charter: 12-12-1903
J. S. NESBIT, Cashier.
Began Business: 2-1-1904
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 170,872.43
United States Government obliga-
tions, direct and guaranteed ..... .
514,992.19
Obligations of States and political
subdivisions ................... .
None
Other bonds, notes. and debentures ..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
199,063.73
Bank premises owned, furniture and
fixtures ........................ .
17,664.04
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.. . .. . . . . .. .. .. .. . . . ..
24,987. 50
Total Aasets..................$ 927,579.89
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government . . . . . . Del?o~i~s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, et.c.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
544,257.73 157,383.98
5,260.00 132,924.66
None
840.00 None
None 3,693.16 30,000.00 30,000.00 23,220.36
None
Total Liabilities...............$ 927,579.89
STATEMENT
Showing condition at the close of business December 31, 1957, of
BANK OF OCHLOCHNEE Ochlochnee, Ga.
As called for by the Superintendent of Banks
A. E. SPEER, President.
Date of Charter: 10-19-1906
CLIFTON P. WURST, Cashier.
Began Business: 11-1906
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......S 246,269.03
United States Government obliga-
tions, direct and guaranteed ..... .
183,376.58
Obliga~io.~ of States and political
8UbdtV1510DS ,
37,209.49
Other bonds, notes, and debentures..
42,990.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
269,503.07
Bank premises owned, furniture and
fixtures ........................ .
5,850.00
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
acceptan~es outstanding ......... .
None
Other
Aasets .
.
.
..
.
.
.
..
.
.
...
.
.
..
.
.
.
-
-
-
-
None
--
Total Aasets ..................S 785,198.17
LIABILITIES Demand deposits.................. $ Time deposits.................... .
Deposits of U.S. Government..... . Del?~i~s of States and political sub-
diviSions ...................... . Deposits of banks ................ .
Other deposits (certified and officers' checks, etc.) ................... .
Bills payable..................... .
Acceptances executed by or for account of this bank and outstanding ........................... .
Other liabilities .................. .
~:r~r~!::::::::::::::::::::::::::
Undivided profits................. . Reserves........................ .
315,625.60 312,568.08
3,219.00 61,980.69 28,308.30
54.08 None
None None 25,000.00 25,000.00 12,042.42 1,400.00
Total Liabilities...............S 785,198.17
104
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, of
THE BANK OF OCILLA Ocilla, Ga.
As called for by the Superintendent of Banks
MURPHEY ROGERS, President.
Date of Charter: 9-20-1956
B. OLIN COX, Cashier.
Began Business: 10-1-1956
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in proce88 of collection...... $ 79,580.06
United States Government obliga-
tions, direct and guaranteed ..... . 219,114.86
Obliga~io;'l!' of States and political
subdiVISions . . . . . . . . . . . . . . . . . . .
None
Other bonds, notes, and debentures..
30,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 259,117.34
Bank premises owned, furniture and
fixtures ......................
15,657.15
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 A88ets..................... .
None
Total A88ets ............ $ 603,469.41
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... .
D~~l~n'!f. ~~~-:a. ~~- ~~~t~~~- ~~~
Dep011its of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................
277,478.24 143,371.36
6,407.70 79,938.82
None 819.90
None
None None 50,000.00 35,000.00 8,629.15 1,824.24
Total Liabilities.........$ 603,469.41
STATEMENT Showing condition at the close of business December 31, 1957, of
THE FIRST STATE BANK Ocilla, Ga.
As called for by the Superintendent of Banks
OTTO GRINER, President.
Date of Charter: 5-11-1943
E. J. PATTEN, Cashier.
Began Business: 6-1-1943
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proce88 of collection...... $ United States Government obligations, direct and guaranteed...... Obligat:ioP!' 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 A88ets......................
562,765. 74 2,027.374,38
20,196.79 None None
701,225.84 4,593.90 None
None None 163.04
Total A88ets ................ $ 3,316,319.69
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government . . . . . .
D~~l~n'!~ ~~~- ~~~- ~-o~~t~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves .......................
1,654,824.28 982,390.55 32,212.75 331,951.56 92.15 11,594.54 None
None None 75,000.00 75,000.00 78,253.86 75,000.00
Total Liabilities...............$ 3,316,319.69
THIRTY-EIGHTH ANNUAL REPORT
105
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF OGLETHORPE Oglethorpe, Ga.
As called for by the Superintendent of Banks
JOHN F. WILLIAMS, President.
Date of Charter: 2-5-1901
MRS. BLANCHE R. WILLIAMS, Cashier.
Began Business: 2-8-1901
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ 549,717.32
United States Government obliga-
tions, direct and guaranteed ..... .
562,961.25
Obligat.iop~ of States and political
subd1v1s1ons .................
8,000.00
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
438,646.02
Bank premises owned, furniture and
fixtures ........................ .
3,001.00
Real estate owned other than bank
premises .......................
5.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Otber Assets..................... .
None
Total Assets .................$ 1,562,330.59
LIABILITIES Demand deposits.................. $ Time depOSitS.................... Depoaits of U.S. Government ..... .
D':fl~~~n~f. ~~~~s. ~~~- ~-o-~t~~~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of tbis bank and outstanding ........................... Other liabilities.................. .
~:::;f~!. ::::::::::::::::::::::: :':
Undivided profits................. . Reserves ........................ .
691,837.72 310,304.75
5,099.61 230,070.79 100,000.00
20,913.17 None
None 14,669.91 30,000.00 20,000.00 119,010.03 20,424.61
Total Liabilities...............$ 1,562,330.59
STATEMENT Showing condition at the close of business December 31, 1957, of
THE FARMERS BANK Palmetto, Ga.
As called for by the Superintendent of Banks
J. H. BALLARD, President.
Date of Charter: 6-29-1918
B. HUDSON, Cashier.
Began Business: 7-10-1918
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 118,116.15
United States Government obliga-
tions, direct and guaranteed ..... .
258,500.00
Obligat_iop~ of States and political
SUbdiVJSlODB , ,
17,921.95
Other bonds, notes, and debentures..
49,968.75
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
121,638.86
Bank premises owned, furniture and
fixtures ........................ .
2.00
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - - Otber Assets..................... .
None
Total Assets...............$ 666,147.71
LIABILITIES Demand deposits................. $ Time depos1ts................... Deposits of U.S. Government ..... .
D~~~n~f. ~~~~- ~~- ~~t~~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .................. Bills payable..................... Acceptances executed by or for ac-
count of this bank and outstanding .......................... Other liabilities..................
~~f:::::::::::::::::::::::::::
Undivided profits................. Reserves ....................
357,995.43 113,053.71
None 13,282.01
None 2,822.06
None
None None 25,000.00 10,000.00 11,994.50 32,000.00
Total Liabilities.............$ 566,147.71
106
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
THE PATTERSON BANK Patterson, Ga.
As called for by the Superintendent of Banks
ROMA THOMAS, President.
Date of Charter: 6-19-1907
MRS. PEARLS. O'QUINN, Cashier.
Began Business: 6-19-1907
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ 314,561.74
United States Government obliga-
tions, direct and guaranteed ..... .
89,570.86
Obliga~io.n~ of States and political
subdtVlSlODS, .............. , .. , ,
None
Other bonds, notes, and debentures..
None
CorporatP stocks (including stock on
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
61,581.74
Bank premises owned, furniture and
fixtures ........................ .
1,630.00
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 ..................$ 467,344.34
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government ..... .
D'jl~~!~n~f. ~~~~~s. ~~~ ~-l~t~~l. ~~~~
Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
299,995.60 68,988.14 None 52,800.00 None 1,000.98 None
None None 25,000.00 16,000.00 3,559.62 None
Total Liabilities...............$ 467,344.34
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS EXCHANGE BANK Pearson, Ga.
As called for by the Superintendent of Banks
J. L. SUMMERLIN, President.
Date of Charter: 1-19-1943
ALLEN GRIFFIS, Cashier.
Began Business: 5-12-1945
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ 532,967.30
United States Government obliga-
tions, direct and guaranteed . .... .
604,007.50
Obligat_io_n~ of States and political
SubdlVJSIODB ................ , .
500.00
Other bonds, notes, and debentures..
118,476.88
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 379,000.95
Bank premises owned, furniture and
fixtures ........................ .
4,585.29
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 .................$ 1,639,537.92
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D'jl~~!~n~f. ~~~~~- ~~~- ~.o.l~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .................. Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. Reserves ......................
671,869.36 424,141.56 49,111.70 108,766.96 273,325.70
1,145.82 None
None 2,000.00 25,000.00 75,000.00 9,176.82
None
Total Liabilities............... $ 1,639,537.92
THIRTY-EIGHTH ANNUAL REPORT
107
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS BANK OF PELHAM Pelham, Ga.
As called for by the Superintendent of Banks
F. D. HOLLIS, President.
Date of Charter: 8-25-1902
R. T. MUGGRIDGE, JR. Cashier.
Began Business: 9-1-1902
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligatioll!l, direct and guaranteed . . . . . . Obliga~io_n~ of States and political SUbdiVlSlOnS. . . . . . . . . . . . . . . . . . . . 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 hank premises........................ Investments and other assets indirectly representing bank premises or other real estate.............. Customers' liability to this bank on acceptances outstanding.. . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .
648,903.76 984, 274. 06
55,000.00 None None
1,125, 466.67 52,235.26 None
None None None
Total Assets ..................$ 2,865,879.75
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... . DeP,o~i~s of States and political sub-
divisions . ..................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this hank and outstanding ........................... .
Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,464,379.74 779,704.34 9,109.66 254,509.62 9,950.86 2,0:!4.63 None
None 13,342.02 100,000.00 100,000.00 132,848.88
None
Total Liabilities............... $ 2,865,879.75
STATEMENT Showing condition at the close of business December 31, 1957, of
PELHAM BANKING CO. Pelham, Ga.
As called for by the Superintendent of Banks
H. C. HARRIS, 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...... S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political
SUbdiVl810DS ...... , , ..
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ 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..................... .
649,863.96 569,495.78 100,132.21
None None 790,828.25 311.72 None
None None None
Total Assets .................. S 2,110, 631. 92
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~l~n~~ ~~~- ~~~ ~-~t~~~- ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, ete.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
O tihnegr.l.ia.b. ilities............ . . . . . . . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserv~s ........................ .
1,008,857.34 588,226.13 39,182.37 297,963.79 None 9,100.48 None
None 8,150.95 25,000.00 75,000.00 54,643.46 4,507.40
Total Liabilities............... $ 2,110,631.92
108
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
THE PEMBROKE STATE BANK Pembroke, Ga.
As ealled 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-
cludinj! reserve balances, and cash items m process of collection..... .S United States Government oblig,.. tiona, direct and guaranteed ..... . Obligat.iop~ of States and political
SUbdiVISIOn&
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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.....................
379,329.08 538,175.01
3,000.00 None None
485,773.92 5,440.00 None
None None 11,539.30
Total Assets................$ 1,423,257.31
LIABILITIES Demand deposits.................. S Time depos1ts.................... . Deposits of U.S. Government ..... . De~~ of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities .................. . Capital.......................... . Surplus ......................... Undivided profits.................
Reserves ....................
682,017.40 342,480.35
7,390.84 257,425.06
None 14,864.99
None
None 8,808.74 75,000.00 25,000.00 10,269.93
None
Total Liabilities.............. .S 1,423,257.31
STATEMENT Showing condition at the close of business December 31, 1957, of
PERRY LOAN & SAVINGS BANK Perry, Ga.
As ealled 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......S
United States Government obliga-
tions, direct and guaranteed . . . . . .
Obliga~i~~ of States and political
subdiV1s1ons... . . . . . . . . . . . . . . . . .
Other Corpo
rbaotnedsst,oncoktses(1macnldu
debentures.. ding stock of
Federal Reserve Bank)... . . . . . . . .
Loans and discounts (including over-
drafts).........................
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.. . . . . . . . . . . . . . . . . . . . .
1,048,360. 54 815, 900. 00 8,000.00 None None
1,196,363.39 2.00 None
1. 00 None None
Total Assets...............S 3,068,626.93
LIABILITIES Demand deposits................. .S Tinle depos1ts.................... . Deposits of U.S. Government ..... . DeP.~i~ of States and political sub-
diVlSlons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. .
~apif:!.._.:: ::: :::::::::::::::::::
u':".I'ivided profits................. . Reserves.......................
1,645,222.62 435,638.54 41,269.61 511,234.28 None 11,593.16 None
None None 50,000.00 100,000.00 273,668.72 None
Total Liabilities..............S 3,068,626.93
THIRTY-EIGHTH ANNUAL REPORT
109
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF PINEHURST Pinehurst, Ga.
As called for by the 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...... S 276,772.71
United States Government obliga-
tions, direct and guaranteed ..... .
348,059.18
Obliga~o!'!' of States and political
subdiVlSlons ................... .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) ..........
None
Loans and discounts (including over-
drafts) ........................ .
164,927.88
Bank premises owned, furniture and
fixtures ........................ .
6,921.19
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...............S 796,680.96
LIABILITIES Demand deposits..................S Time depORJts .................... Deposits of U. S. Government ..... . DeP.DI!i~s of States and political sub-
d.iVlSlona ................ Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .......... Bills payable..................... Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
Other liabilities ..................
~~~f:!::::::::::::::::::::::::::
Undivided profits................ Reserves ......................
535,812.83 83,425.62 None 95,431.61 None 7,010.62 None
None None 25,000.00 25,000.00 25,000.28 None
Total Liabilities...............S 796,680.96
STATEMENT Showing condition at the close of business December 31, 1957, of
PITTS BANKING COMPANY Pitts, 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 balances, and cash
items in process of collection ...... S 226,938.07
United States Government obliga-
tions, direct and guaranteed..... .
200,800.00
Obligat.io!'!' of States and political
SubdlVlSlOnS . . . . . . . . . . . . . . . . . . . .
None
Other bonds, notes, and debentures..
125,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
79,976.47
Bank premises owned, furniture and
fixtures ........................ .
626.00
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.................. S 633,340.54
LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U.S. Government ..... . DeP.DI!i~ of States and political sub-
diVISions ...................... . De]losits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities..................
~~~f:!.::: :::::: ::: ::::::: :: :: ::
Undivided profits................. . Reserves ........................
363,095.49 112,150.95
3,483.75 89,665.65
None 583.24
None
None None 25,000.00 25,000.00 14,361.46 None
Total Liabilities............... S 633,340.54
110
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, 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 "1\ith other tanks, 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 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......................
1,158,005.76 1, 394,726. 56
20,000.00 None None
348,673.86 11,016.19 None
None None None
Total Assets ................. S 2, 932,422.37
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
D1;~T!!~n~~ ~~~~es ~~~. ~.~~~~~~~. ~~~
Deposits of banks................ . Other deposits (certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves........................ .
1,688,351.21 687,901.69 11,645.27 195,884 87 10,828.51 5,111.19 None
None 4,000.00 100,000.00 100,000.00 25,148.95 103,550.68
Total Liabilities.............. .S 2,932,422.37
STATEMENT Showing condition at the close of business December 31, 1957, of
THE TATTNALL BANK Reidsville, Ga.
As called for by the Superintendent of Banks
RALPH HUCKABEE, President.
Date of Charter: 9-4-1900
E. B. REGISTER, Cashier.
Began Business: 10-22-1900
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......S United States Government obliga.. tions, direct and guaranteed ..... . Obliga~io.n~ of States and political
subd1Vl810D8 ........... ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over.
drafts) ........................ . 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..................... .
273,835.27 1,052, 757.13
114,138.29 114,987.50
None 566,701.04
7,098.38 None
None None None
Total Assets.................. S 2,129,517.61
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government ..... .
D1;~T!!~n~f. ~~~~~s. ~~~. ~.o.l~t.ie~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,087. 765.81 504,553.32 22,051.84 279,504.29 47,779.77 5,505.57 None
None None 25,000.00 75,000.00 32,357.01 50,000.00
Total Liabilities..............$ 2,129,517.61
THIRTY-EIGHTH ANNUAL REPORT
111
STATEMENT Showing condition at the close of business December 31, 1957, of
THE RENTZ BANKING COMPANY Rentz, Ga.
As ealled for by the Superintendent of Banks
0. D. BARRON, President.
Date of Charter: 5-2-1914
MRS. 0. D. BARRON, Vice President.
Began Business: 5-5-1914
ASSETS
Cash, balances with other banks, in-
cludinjt reserve balances, and cash
items m process of collection...... $ 191,181.55
United States Government obliga-
tions, direct and guaranteed ..... .
264,179.69
Obliga~io~ of States and political
subdiVISIOns ................... .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
305,521.72
Bank premises owned, furniture and
fixtures........................ .
2, 751.51
Real estate owned other than bank
premises......................
5.00
Investments and other assets indi-
rectly representing bank premises
or other real estate . . . . . . . . . . . . . .
None
Customers' liability to this bank on
acceptances outstanding. . . . . . . . . .
None
- - - - - - Other Assets. . . . . . . . . . . . . . . . . . . . . .
2 ,044. 60
Total Assets.................. $ 765,684.07
LIABILITIES Demand derosits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D~!~~~ ~~~~- ~~. ~o~t.i~~~ ~~~
Deposits of banks ............... .. Other deposits (certified and officers'
cherks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
rount of this bank and outstand-
ing.. ........... . Other liabilities .................. .
~apt~!.::: : : : : : : : :: : : : :: : :: : : : : :
U'::J'ivided profits................. . Reserves ........................ .
491,979.75 113,872.06
300.00 59,300.00
None None None
None None 25,000.00 25,000.00 46,126.50 4,105.76
Total Liabilities............... $ 765,684.07
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS STATE BANK Reynolds, Ga.
As ealled for by the Superintendent of Banks
W. H. VAN LANDINGHAM, President.
Date of Charter: 9-8-1922
D. L. GRIFFIN, Cashier.
Began Business: 9-8-1922
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 547,527.03
United States Government obliga-
tions, direct and guaranteed ..... .
258,339.06
Obliga~io~ of States and political
subdiV18lons . . . . . . . . . . . . . . . . . . . .
21,193.92
Other bonds, notes, and debentures..
60,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................
865,794.92
Bank premises owned, furniture and
fixtures . . . . . . . . . . . . . . . . . . . . . . . .
14,181.52
Real estate owned other than bank
premises . . . . . . . . . . . . .
4,000.00
Investments and other assets indi-
rectly representing bank premises
or other real estate............. .
None
Customers' liability to tliis bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
3,052.50
Total Assets .................. $ 1,774, 088. 95
LIABILITIES Demand derosits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D';fi~l~~~ ~~~~~s. ~~~ ~1~~~1. ~~~~
Deposita of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Otherliabilities.................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
806,027.91 564,857.00
11,859.07
179,546.63 38,917.35
9,417.80 None
None 10,442.92 25,000.00 100,000.00 8,624.94 19,395.33
Total Liabilities............... $ 1,774,088.95
112
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
WILLIAMS BANKING COMPANY Rhine, Ga.
As called for by the Superintendent of Banks
R. J. STUDSTILL, President.
Date of Charter: 8-4-1947
INEZ YANCEY, Cashier.
Began Business: 10-1-1947
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and caah items in process of collection..... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~io~ of States and politieal subdiVlStons. . . . . . . . . . . . . . . . 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 aasets indirectly representing bank premisee or other real estate. . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets......................
Total Assets ..................$
137,943 . 13 226,569 .76
None None None 137. 233. 59 2,580.91 None
None None None 504,327.39
LIABILITIES Demand deposits.................$ Time depostts.................... . Deposits of U.S. Government ..... . DeP.~i!B of States and politieal sub-
diV181ons ............. Deposits of banks................ Otlier deposits (certified and officers'
checks, etc.) .................. Bills payable.................... Acceptances executed by or for ac-
count of this bank and outstanding .................... Other liabilities.............
~~f:.:::::::::: :::::::::::::::
Undivided profits........ Reserves .................
211,365.20 122,446.08
7,2M.56 91,200.00
None 886.25
None
None 62.00 25,000.00 25,000.00 21,083.30 None
Total Liabilities..........$ 504,327.39
STATEMENT Showing condition at the close of business December 31, 1957, of
RICHLAND BANKING COMPANY Riehland, 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
Caah, balances with other banks, in-
clu~ reserve balances, and caah
items m process of collection..... $ 220,645.36
United States Government obliga-
tions, direct and guaranteed ..... . 709,512.51
Obliga~io~ of States and politieal
subdiVlStOns ................... .
27,891.58
Other bonds, notes, and debentures.
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 194,348.18
Bank premises owned, furniture and
fixtures...................... .
7,506.00
Real estate owned other than bank
premises............
None
Investments and other assets indi-
rectly representing bank premises
or oiher real estate. . . . . . . . . . . . . .
None
Customers' liability to this bank on
acceptances outstanding..........
None
Other Assets......................_ _ _ _N_o_n_e
Total Assets ................$ 1,159,903. 63
LIABILITIES Demand deposits...........$ Time depostts.............. Deposits of U.S. Government .....
D':fi~~~~ ~~~~~s. ~~~- ~.~t~~ ~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................ Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ................... Other liabilities......
~~f:::::::::::: :::::::::::::::
Undivided profits............ Reserves ..........
761,072.60 155,588.86
8,010.08 114,376.73 32,919.74
2,935.62 None
None None 40,000.00 40,000.00 25,000.00 None
Total Liabilities.............$ 1,159,903.63
THIRTY-EIGHTH ANNUAL REPORT
113
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF RINGGOLD Ringgold. Ga.
As called for by the Superintendent of Banks
ED. W. ZUMSTEIN, President.
Date of Charter: 8-26-1904
B. M. BRANCH, Cashier.
Began Business: 8-1904
ASSETS Cash, balances with other banks, in-
clu~ reserve balances, and cash items m process of collection..... $ United States Government obligations, direct and guaranteed ..... . Obliga~~!l\1 of States and political subdiVISions ................... Other bonds, notes, and debentures. Corporate stocks (including stock of Federal Reserve Bank).......... . Loans and diseounts {including overdrafts) ........................ Bank premises owned, furniture and fi%tures ........................ . 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...........
581,837.34 733,165.82 41,666.27 114,967.50
None 508,588.10
7,186.47 1.00
None None 693.00
Total Assets....$ 1,988,105.50
LIABILITIES Demand deposits.................$ Time deposits.................. Deposits of U.S. Government .....
D':fi~l~~f. ~~~a.~~~-~~~- ~~~
Deposits of banks .............. Other deposits {certified and officers'
checks, etc.) ................ Bills payable..................... Acceptances executed by or for ac-
count of this bank and outstand-
ing ........
Other liabilities............ Capital..................... Surplus ......... Undivided profits......... Reserves . . . . . . . . . . . . . .
867,866.74 598,409.69
23,365.96 346,380.84
None 1,526.62
None
None None 50,000.00 50,000.00 50,555.65 None
Total Liabilities. , $ 1,988.105.50
STATEMENT Showing condition at the elose of business December 31, 1957, of
CRAWFORD COUNTY BANK Roberta, Ga.
As called for by the Superintendent of Banks
C. R. AVERA, President.
Date of Charter: 1-7-1901
J. E. CLARK, Cashier.
Began Business: 1-8-1901
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed...... Obliga~~!l\1 of States and political subdiV181ons.................... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)........... Loans and diecounts (including overdrafts)......................... Bank premises owned, furniture and fi%tures.. .. . . . . . . . . . . . .. . . . Real estate owned other than bank premises........................ Investments and other assets indirectly representing bank premises or other ieal estate. . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . Other Assets......................
Total Assets .........$
291,324.53 273,677.82
12,000.00 None None
221,488.04 7, 194.75 1,200.00
None None None 806,885.14
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
D~~~~ ~~~~- ~~~ ~-~~~~ ~~~
Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ............. Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing .................
Other liabilities.................. . Capital..................... Surplus ........................ .. Undivided profits................ Reserves ...................
400,791.87 174,204.50
None 173,201.41
None 1,512.63
None
None 5,000.00 25,000.00 20,000.00 3,000.00 4,174.73
Total Liabilities.... $ 806,885.14
114
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
ROCHELLE STATE BANK Rochelle, Ga.
As called for by the Superintendent of Banks
W. K. HOLT, SR., President.
Date of Charter: 7-8-1947
MATT W. ESTES, Cashier.
Began Business: 8-1-1947
ASSETS Cash, balances with other banks, in-
cludinj! reserve balances, and cash items m process of collection ...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~10~ of States and political subdivlBIOns. . . . . . . . . . . . . . . . . . . . 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 ................$
307,707.29 323,042.82
None 3,168.88
None 225,473.39
1,200.00 None
None None None 860,592.38
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':rv~~n~~ ~~~- ~~ ~-ol~t~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
537,565.11 100,877.30
7,391.16 136,988.62
None 1,990.36
None
None 3,846.81 25,000.00 25,000.00 21,933.02
None
Total Liabilities...............$ 860,592.38
STATEMENT Showing condition at the close of business December 31, 1957, of
THE ROCKMART BANK Rockmart, Ga.
As called for by the Superintendent of Banks
H. P. FAMBRO, President.
Date of Charter: 10-30-1900
M.A. PERRY, Cashier.
Began Business: 1900
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 776,762.28
United States Government obliga-
tions, direct and guaranteed . . . . . . 1,580,447. 75
Obliga~io~ of States and political
SUbdiVlSIOUS , , , .. , . , .. , .
72,744.67
Other bonds, notes, and debentures..
196,957.50
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ................... 1,185,805.17
Bank premises owned, furniture and
fixtures........................ .
61,171.39
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.....
85.23
Total Assets .... S 3, 873,973 . 99
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~~~f. ~~~~s. ~~~- ~-~~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ........................ Undivided profits................ Reserves ...................
1,764,508.76 1,572,159.88
22,587.50 240,508.75
None 3,225.70
None
None 9,542.99 75,000.00 50,000.00 66,310.62 70,129.79
Total Liabilities.......$ 3,873,973.99
THIRTY-EIGHTH ANNUAL REPORT
115
STATEMENT Showing condition at the close of business December 31, 1957, of
THE ROME BANK AND TRUST COMPANY Rome, Ga.
As called for by the Superintendent of Banks
J. B. DODD, SR., President.
Date of Charter: 4-5-1945
WALLACE C. REED, Cashier.
Began Business: 10-1-1945
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~io~ of States and political subdivtstons.................... 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......................
1, 784,202.47 2,803,361.00
381,110.11 10,000.00 None
2,601 ,021. 76 272,302.98 None
17,155.18 None
26,183.38
Total Assets ..................S 7, 895,336 .88
LIABILITIES
Demand deposits.................. S 3,056,793.20
Time deposits.................... . 2,612,246.67
Deposits of U.S. Government ..... . 266,661.63
D':Jl~!l~~f. ~~~~~s. ~~~. ~~~t~~~~. ~~~ 1,049,471.07
Deposits of banks ................ . 221,108.00
Other deposits (certified and officers'
checks, etc.) ................... .
13,478.50
Biils payable..................... .
None
Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... .
None
::: ::::: ::::: ::::: :: :: ::: Other liabilities................... .
~~:;:f:.
458.23 320,000.00 200,000.00
Undivided profits................. .
4,051.40
Reserves ........................ .
151,068.18
Total Liabilities...............S 7,895,336.88
STATEMENT Showing condition at the close of business December 31, 1957, of
ROSWELL BANK Roswell, Ga.
As called for by the Superintendent of Banks
C. G. WEBB, President.
Date of Charter: 3-1-1901
J. G. WEBB, Cashier.
Began Business: 3-1901
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and eash
items in process of collection......S 611,014.86
United States Government obliga-
tions, direct and guaranteed ..... . 2,494,285. 73
. o~~rJl:o::. -~~~. ~~~ ~~i~~c_a.' 431,849.07
Other bonds, notes, and debentures.. 474,836.78
Corporate stocks (including stock of
Federal Reserve Bank) ..........
None
Loans and discounts (including over-
drafts) ........................ . 1,316,731.16
Bank premises owned, furniture and
fixtures . . . . . . . . . . . . . . . . . . . . . . .
35,521.17
Real estate owned other than bank
premises..................
4,550.00
Investments and other assets indi-
rectly representing bank premises
or other real estate............. .
None
Customers' liability to thia bank on
acceptances outstanding....
None
- - - - - - Other Assets......
1,175.50
Total Assets S 5, 369,964.27
LIABILITIES Demand deposits................$ Time depostts.................... Deposits of U.S. Government ..... .
D=l~~~ ~~~~~- ~~- ~-~~~~~ ~~~
Deposits of banks ................ Other deposits (certified and officers'
checks, etc.) ................. Bills payable..................... Acceptances executed by or for ac-
count of thia bank and outstanding ........................... . Other liabilities................ Capital. ....................... Sllll!lus ....................... Undivided profits................. Reserves .......................
2,727,230.97 1,737,222.32
76,049.05 455,144.15 39,900.56
6,449.75 None
None 53,568.62 100,000.00 100,000.00 4,398.85 70,000.00
Total Liabilities............$ 5,369,964.27
116
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
TRI-COUNTY BANK OF ROYSTON Royston, Ga.
As called for by the Superintendent of Banks
LAWSON McCONNELL, President.
Date of Charter: 8-9-1941
JOE E. RIDGEWAY, Cashier.
Began Business: 9-1-1941
ASSETS Cash, balances with other banks, in-
cluciin reserve balances, and cash items m process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligat_io~ of States and political subdiVlBtons . . . . . . . . . . . . . . . . . . . . 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 BSBets indirectlY representing bank premises or otner real estate............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets....................
370,581.72 1,207,385.26
428,724.49 None None
347,769.33 25,551.70 None
None None None
Total Assets ...............$ 2,380,012.50
LIABILITIES Demand deposits.................$ Time depostts.................... Deposits of U.S. Government ..... .
D'Ji~1~~~ ~~~~~s. ~~- ~~~t~~~l. ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... Bills payable..................... Acceptances executed by or for ao-
count of this bank and outstanding........................... . Other liabilities................... Capital. ......................... . Surplus......................... . Undivided profits.............. Reserves .......................
1,359,735.76 678,916.94 37,156.29 141,702.50 None 3,942.71 None
None None 50,000.00 50,000.00 58,558.30 None
Total Liabilities..............$ 2,380,012.50
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF RUTLEDGE Rutledge, Ga.
As called for by the Superintendent of Banks
R. W. WALLACE, President.
Date of Charter: 9-24-1898
C. B. VINING, Cashier.
Began Business: 10-1-1898
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 165,327.92
United States Government obliga-
tions, direct and guaranteed ..... . 515,976.57
Obliga~io~ of States and political
subdiVlBtons . . . . . . . . . . . . . . . . . . . .
6,000.00
Other bonds, notes, and debentures..
52,987.50
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) .................. ..... .
312,868.36
Bank premises owned, furniture and
fixtures........................ .
959.34
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 .................. $ 1,054,119.69
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D'Ji~1~~~ ~~~~~. ~~~- ~-~~t~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ao-
count of this bank and outstanding ........................... .
Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................
342,637.66 368,389.23
845.96 229,229.98
None 2,208.15
None
None None 25,000.00 25,000.00 56,000.63 4,808.08
Tots! Liabilities...............$ 1,054,119.69
THIRTY-EIGHTH ANNUAL REPORT
117
STATEMENT Showing eondition at the elose of business Deeember 31, 1957, of
SAINT MARYS STATE BANK Saint Marys, Ga.
As ealled for by the Superintendent of Banks
J. B. MILLER, President.
Date of Charter: 7-12-1955
FLEM J. HALL, Cashier.
Began Business: 8-4-1955
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection......$ 463,221.68
United States Government obliga-
tions, direct and guaranteed ..... .
347,014.82
Obliga~io~ of States and political
SUbdiVISIOns ...........
None
Other bonds, notes, and debenturPs..
25,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounta (including over-
drafts) ........................ .
385,789.48
Bank premises owned, furniture and
fixtures........................ .
14,994.27
Real estate owned other than bank
premises....................... .
None
Investmenta and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Aseets.....................
799.10
Total Assets..................$ 1,236,819 .35
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U. S. Government ..... .
D'Jfv'i~~n~f. ~~~~~s. ~~~. ~.l~t~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . UndividP<I profits................. . Reserves ........................ .
663,110.32 228,646.51
5,370.20 240,521.61
None 2,329.57
None
None None 50,000.00 10,000.00 33,841.14 3,000.00
Total Liabilities...............$ 1,236,819.35
STATEMENT
Showing eondition at the elose of business Deeember 31, 1957, of
ST. SIMONS STATE BANK St. Simons, Ga.
As ealled for by the Superintendent of Banks
J. H. LESTER, JR., President.
Date of Gharter: 4-24-1950
C. W. LANCE, Cashier.
Began Business: 6-1-1950
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io~ of States and political
subd.iVlSlODB .. ,
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... Loans and discounts (including over-
drafts) ....................... .. 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 Aseets..................... .
761,439.30 268,052.46 48,349.93
None None 785,127.43 26,734.91 None
6,918.42 None
1,083.30
Total Assets .................$ 1,897,705.75
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U. S. Government . . . . . .
D'Jfv'l!!~.:~ ~~~~. ~~~. ~~~t.i~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities ................. .. Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,115,685.56 457,235.93 30,774.23 150,065.33 46,304.86 275.00 None
None None 50,000.00 35,000.00 7,582.52 4,782.32
Total Liabilities...............$ 1,897,705.75
118
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
THE GEORGE D. WARTHEN BANK Sandersville, Ga.
As called for by the Superintendent of Banks
C. FINDLAY IRWIN, President.
Date of Charter: 3-9-1957
JOHN D. EVERETT, Cashier.
Began Business: 3-9-1957
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 1,091,218.21
United States Government obliga-
tions, direct and guaranteed ..... . 1,217,581.04
Obligat_io!'~ of States and political
subdJvtsJons ................... . 460,725.25
Other bonds, notes, and debentures..
80,887.60
Corporate stocks (mcluding stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) .................. ..... 1,742,693.63
Bank premiaes owned, furniture and
fixtures.................. ..
1.00
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 .................. $ 4,593,106. 73
LIABILITIES Demand deposits..................$ Time depo<s.................... . Deposits of U.S. Government..... . DeJ!O'i'i!B of States and political sub-
divisions ...................... .
8::.re;!n~riified ~d "offi;,;,~ checks, ete.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. .
~.:!t':!:::: ::: :::: ::::: ::::::::: :
Undivided profits................. . Reserves ........................
3,168,378.50 491,115.59 70,859.06 374,875.95 None 26,829.99 None
None None 100,000.00 300,000.00 61,047.64 None
Total Liabilities............$ 4,593,106. 73
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF SARDIS Sardis, Ga.
As called for by the Superintendent of Banks
W. H. SMITH, President.
Date of Charter: 4-27-1945
L. F. BARGERON, Cashier.
Began Business: 7-2-1945
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~~ of States and political subdiVlBJons.................... 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 ................$
152,803.69 123,653. 12
8,228.56 None None
154,605.90 None None
None None None 439,291.27
LIABILITIES Demand deposits...........$ Time deposits.................... . Deposits of U.S. Government .... De~!& of States and political sub-
divisions ...................... . Deposits of banke ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of thie bank and outstanding........................... . Other liabilities.................. . Capital.......................... . Surplus . . . . . . . . . . . . . . . . . . . . Undivided profits................. . Reserves ........................ .
163,160.36 83,229.45
581.73 114,237.12
7,535.40 1,576.70
None
None 19.05 25,000.00 17,500.00 26,451.46 None
Total Liabilities....$ 439,291.27
THIRTY-EIGHTH ANNUAL REPORT
119
STATEMENT
Showing condition at the close of business December 31, 1957, of
ATLANTIC SAVINGS & TRUST CO. Savannah, Ga.
As called for by the Superintendent of Banks
EDGAR R. TERRY, President.
Date of Charter: 11-6-1933
JAS. J. JOHNSON, Cashier.
Began Business: 11-6-1933
ASSETS
Cash, balances with other banks, in-
cludinj! reserve balances, and cash
items m process of collection.....$ 416,341.68
United States Government obliga-
tions, direct and guaranteed ..... . 1,235,700.00
Obliga~io~ of States and political
subdiVIS>ons ................... .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 2,370,147.74
Bank premises owned, furniture and
fixtures ......................
32,649.34
Real estate owned other than bank
premises....................... .
1.00
Investments and other BSBets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding........
None
- - - - - Other Assets..............
5,141.07
Total Assets ...........$ 4,059,980.83
LIABILITIES Demand deposits..................$ Tinle depos1ts................... Deposits of U. S. Government ..... .
D~~~f. ~~~- ~~~- ~~~~~ ~~~
l)e_posits of banks ............. Other deposits (certified and oflieers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ............ Other liabilities................
~=::!. :::::::::::::::::::::::::
Undivided profits................ Reserves ....................
None 3,072,853.03
None 336,049.50
10,000.00 2,530.32
None
None None 100,000.00 400,000.00 138,547.98 None
Total Liabilities$ 4,059,980.83
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CARVER SAVINGS BANK Savannah, Ga.
As called for by the Superintendent of Banks
L. B. TOOMER, President.
Date of Charter: 4-29-1947
L. D. PERRY, Cashier.
Began Business: 6-4-1947
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and CBSb
items in process of collection......$ 102,141.14
United States Government obliga-
tions, direct and guaranteed ..... .
45,000.00
Obligaf:io~ of States and political
subdiVlSlons ................... .
24,780.36
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
100.00
Loans and discounts (including over-
drafts) ......................
754,180.47
Bank premises owned, furniture and
fixtures . . . . . . . . . . . . . . . . . . . . . . .
2,596.53
Real estate owned other than bank
premises....................... .
None
Investments and other BSSets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . .
None
Customers' liability to this bank on
acceptances outstanding. . . . . .
None
- - - - - - Other Assets. . . . . . . . . . . . . . . .. .
11.16
Total Assets ...$ 928,809.66
LIABILITIES Demand deposits..................$ Tinle depOSlts.................... . Deposits of U. 8. Government ..... .
D':~!~~~ ~~~~s. ~~ ~-o-~t~~- ~~~
Dejlosits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................ Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities...............
~=::!::::::::::::::::::::::::::
Undivided profits................. . Reserves........................ .
None 707,127.26
None 17,400.00 32,000.00 3,060.00
None
None None 100,000.00 20,720.00 18,502.31 30,000.00
Total Liabilities..$ 928,809.66
120
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, of
CHATHAM SAVINGS BANK Savannah, Ga.
As called for by the Superintendent of Banks
ELTON W. CREECH, President.
Date of Charter: 8-10-1953
GILBERT G. WOOD, Secy. & Treas.
Began Business: 8-10-1953
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ..... .1 United States Government obligations, direct and guaranteed. . . . . . Obliga~io!"! of States and political
SUbdiVISIOns. . . . . . .
Other bonds, notes, and debentures. . Corporate stocks (including stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts)......................... 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......................
283,070.74 None
215,013.95 18, 940. 00 1.00
2,310,713.67 4,918.40 1. 00
1. 00 None 5,502.11
Total Assets..................1 2,838,161.87
LIABILITIES Demand deposits..................I Time depo&ts.................... . Deposits of U.S. Government ..... . De~~ of States and political sub-
divistons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
None 2,109,440.16
None 10,000.00 10,000.00 9,656.41
None
None 114,390.16 300,000.00 200,000.00 72,012.09
12,663.05
Total Liabilities.............. .1 2,838,161.87
STATEMENT Showing condition at the close of business December 31, 1957, of
THE GEORGIA STATE SAVINGS BANK OF SAVANNAH Savannah, Ga.
As called for by the Superintendent of Banks
J. P. HOULIHAN, President.
Date of Charter: 7-29-1909
R. R. SNEAD, JR., Cashier.
Began Business: 8-4-1909
ASSETS Cash, balances with other banks, in-
cludinj! reserve balances, and cash items m process of collection......I United States Government obligations, direct and guaranteed ..... . Obliga~io!"! of States and political ~.. subdiVlStons . . . . . . . . . . . . . . . . . . . . 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..................... .
746,290.02 441,625.00 655,581.62
None None 6,493,526.12 164,108.48 None
None None 3,807.19
Total Assets . I 8,504,938.43
LIABILITIES Demand deposits................. .1 Time depos1ts .................... Deposits of U.S. Government ..... .
D';R~~~~~ ~~~~s. ~~. ~.o.l~t~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities ................. Capital. ........................ Surplus......................... . Undivided profits................. . Reserves ......................
None 7,332,806.72
2,587.50 258,748.81
10,000.00 14,312.52
None
None 74,957.78 325,000.00 250,000.00 166,525.10 70,000.00
Total Liabilities............. .1 8,504,938.43
THIRTY-EIGHTH ANNUAL REPORT
121
STATEMENT Showing condition at the close of business December 31, 1957, of
INDUSTRIAL SAVINGS BANK Savannah, Ga.
As called for by the Superintendent of Banks
L. R. WYLLY, JR., President.
Date of Charter: 5-19-1954
A. B. GAMMON, JR., Sec.-Treas.
Began Business: 5-20-1954
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 139,065.79
United States Government obliga-
tions, direct and guaranteed ..... .
304,004.71
Obliga~o_~ of States and political
subdiV181ons . . . . . . . . . . . . . . . . . . . .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Fedsral Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) .......................
809,616.99
Bank premises owned, furniture and
fixtures........................ .
5,127.71
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. . . . . . . . . . . . .
8,181. 96
Total Assets 1 1,265,997.16
LIABILITIES Demand deposits.................. $ Tinle deposits.................... . Deposits of U. S. Government . . . . . .
D~l:~~ ~~~~~- ~~~- ~~t~~~l. ~~~ 8:c:i.t~~riified: ;.;.d ~ii;;,.;.:.;.
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities .................. .
~ru!.::: ::: ::: ::::: ::::: :::: ::
Undivided profits................. . Reserves .....................
185,069.96 683,726.17
None
112,744.21 None
2,090.20 None
None 23,813.66 150,000.00 40,000.00 68,552.96
None
Total Liabilities......$ 1,265,997.16
STATEMENT Showing condition at the close of business December 31, 1957, of
SAVANNAH BANK & TRUST COMPANY OF SAVANNAH Savannah, Ga.
As called for by the Superintendent of Banks
REUBEN CLARK, President.
Date of Charter: 3-4-1869
STILLWELL TRAIN, Cashier.
Began Business: 7-1-1869
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 9,442,856.22
United Stat<>" Government obliga-
tions, direct and guaranteed...... 10,087,353.10
Obliga~io.~ of States and political
subdiV181ons . . . . . . . . . . . . . . . . . . . . 1,781, 994.96
Other bonds, notes, and debentures..
196,438.98
Corporate stocks (including stock of
Federal Reserve Bank). . . . . . . . . . .
90,001.00
Loans and discounts (including over-
drafts)......................... 22,259,205.02
Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . . 512,077.60
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..........
55,000.00
Other Assets......................
428,143.33
Total Assets...........$ 44,853,070.21
LIABILITIES
Demand deposits..................$ 21,161,313.77
Tinle depos1ts..................... 13,322,017.23
Deposits of U.S. Government...... Deposits of States and political sub-
'J.532,430.02
divisions . . . . . . . . . . . . . . . . . . . . . . . 2,327,940. 02
Deposits of banks . . . . . . . . . . . . . . . . . 2, 197,454. 54
Other deposits (certified and officers'
checks, etc.) ................... .
687,972.92
Bills payable..................... .
None
Acceptances executed by or for ac-
count of this bank and outstand-
~
ing ........................... .
55,000.00
Other liabilities .................. .
702,794.65
Capital.......................... . 1,500,000.00
Surplus ......................... . 1,500,000.00
Undivided profits................. .
818,800.44
Reserves ........................ .
47,346.62
Total Liabilities......$ 44,853,070.21
122
DEPARTMENT OF BANKING
STATEMENT Showing condition at the elose of business December 31, 1957, of
THE FARMERS & MERCHANTS BANK Senoia, Ga.
As ealled for by the Superintendent of Banks
R. W. FREEMAN, President.
Date of Charter: 3-2-1874
MRS. HATTIE S. WHATLEY, Cashier.
Began Business: 1889
ASSETS
Cash, balances with other banks, inclu~ reserve balances, and cash
items m process of collection...... $ 212,616.07
United States Government obliga-
tions, direct and guaranteed..... .
o~=':Jo:I..~~~. ~~- .~~i~-~
Other bonds, notes, and debentures.. Corporate stoeks (including stock of
528,484.06 None None
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
~!;f~Je~. o~id. i.m;;i~~ .;,;ci
327,182.89
fixtures........................ .
1,385.90
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..S 1,069,668. 92
LIABILITmS Demand deposita.................$ Time depoBlta.................... . Deposita of U.S. Government ....
De~!t.:!~ ~~~- ~~ ~~~~- ~~~ 8:f:it;!.;~riitii<i ;.n:<i .;m~;m;
checks, ete.) ................... . Bills payable.................... Acceptances executed by or for ac-
count of this bank and outstanding .......................... Other liabilities .................. . Capital. ......................... . Surplus ......................... Undivided profits................ Reserves ........................ .
512,008.44 411,706.41
640.00 67,651.97
None 2.595,99
None
None None 25,000.00 35,000.00 15,066.11 None
Total Liabilities...............S 1,069,668.92
STATEMENT Showing condition at the elose of business December 31, 1957, of
CITIZENS BANK OF SHADY DALE Shady Dale, Ga.
As ealled for by the Superintendent of Banks
0. H. BANKS, President.
Date of Charter: 2-6-1920
0. H. BANKS, Cashier.
Began Business: 4-12-1920
ASSETS
Cash, balances with other banks, in-
cludin!( reserve balances, and cash
items m process of collection......S 96,451.94
United States Government obliga-
tions, direct and guaranteed..... .
190,000.00
Obliga~oP!' of States and political
subdiVISlons .................
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) ..........
None
Loans and discounts (including over-
drafts) ........................ .
72,333.23
Bank premises owned, furniture and
fixtures....................... ..
1.00
Real estate owned other than bank
premises....................... .
1.00
Investments and other assets indi-
rectly representing bank premises
or other real estate............. .
None
Customers' liability to this bank on
- - - - - ott:CC~.~~~~~~.~::::::::::
None None
Total Assets ..................$ 358,787.17
LIABILITmS Demand deJlosita.............$ Time depOStta .................... . Deposita of U.S. Government..... . DeP.~~ of States and political sub-
diVlSlODB
8:c~t;!.;~:eriitiid imd "om;,~;,; checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities................. ..
~~t:.::::::::::::::: ::::::::::
Undivided profits................ .. Reserves ........................ .
155,741.54 78,798.14
None
78,452.60 None
417.53 None
None 2,275.83 20,000.00 20,000.00 3,101.53
None
Total Liabilities S 358,787.17
THIRTY-EIGHTH ANNUAL REPORT
123
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF SHARON Sharon, Ga.
As called for by the Superintendent of Banks
ARTHUR D. BROWN, President.
Date of Charter: 9-29-1904
B. R. DARDEN, Cashier.
Began Business: 9-1904
ASSETS
Cash, balances with oth<'r hanks, in-
cluding reserve balances, and cash
items in process of coJlection...... $
8.3,646.07
United States Government obliga-
tions, dir>ct and guaranteed ..... .
246,000.00
Obli~tat_io~~ of States and political
subdtVlSIOOS ........ , . , .....
None
Other bonds, notes, and d<'bentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including oyer-
drafts) ........................ .
81,411.74
Bank premises owned, furniture and
fixtures........................ .
401.00
Real estate owned other than bank
premises....................... .
None
Investments and oth<'r assets indi-
rectlv representing bank premises
or other real e!lltate . . . . . . . . . . . . . .
None
Customers' liability to the bank on
arcf"ptances outstanding......... .
None
- - - - - Other Assets..................... .
KonE"
Total Assets..................$ 411,458.81
LIABILITIES Dcrr.nnd deposits..................$ Time deposits.................... .
Deposits of U.S. Government ..... .
Ddl~~!l~n~f- ~~~t~s. ~~~- :.o.lit.ic~l. ~~~
Deposits of t-anks ................ . Other rlepcsits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptanres executed by or for o.c-
count of this bank and outstanding ........................... . 0ther liabilities .................. .
Capital. ......................
fo:nrplus ...................... FncliYidcd profits................. . R('scrves ........................ .
70,196.33 51,800.53
None
251,580.61 None
432.00 None
None None 15,000.00 17,000.00 5,449.34 None
Total Liabilities............... $ 411,458.81
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF SMYRNA Smyrna, Ga.
As called for by the Superintendent of Banks
D. C. LANDERS, President.
Date of Charter: 4-4-1946
HARRY L. HOLLIDAY, Cashier.
Began Business: 8-5-1946
ASSETS Cash, balances with other banks, in-
eluding reserve balan~es, and cash items in process of collection......$ United States Government obliga-
' tiona, direct and guaranteed . . . . . Obligat.io~~ of States and politi~al
subdiVISIOnS.................... Other bonds, notes, and debentur~s. . Corporate stocks (including stock cf Federal Reserve Bank). . . . . . . . . . .
Loans and discounts (including overdrafts).........................
Bank premises O\\"Ded, 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.. . . . . . . . . . . . . . . . . . . . .
612,525.35 1 , 127, 862. 50
215,34!1.14 Nont> ;o.;" one
1,227,184.72 51,061.56 X one
NOM
N onP 17,525.93
Total Assets .................. $ 3, 251,509. 20
LIABILITIES Demand deposits..................$ Time deposits.................... .
Deposits of U. S. Government ..... .
Ddl~~!l~n~f S~at~. ~n~. :.o.liti~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
ehecks, etc.) ................... . Bills payable..................... . Acceptaner-s executed by or for ac-
eount of this bank and outstanding ........................... . 0ther liabilities .................. . Capital. ......................... . Surplus ......................... . Unrlividccl profits................. .
Resenf's ........................ .
1,621,079.13 865,243.45 39,675.10
424,553.32 None
16,808.98 None
None None 200,000.00 50,000.00 32,149.22 2,000.00
Total Liabilities............... $ 3,251,509.20
124
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
SOCIAL CIRCLE BANK Social Circle, Ga.
As called for by the Superintendent of Banks
J. H. STEPHENS, President.
Date of Charter: 12-31-1923
A. W. ADAMS, Cashier.
Began Business: 3-8-1924
ASSETS Cash, balances with other banks, in-
cludinj( reserve balances, and cash items m process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~io~ of States and political subdivts1ons ................... . 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 oth"r real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
294,435.26 319,762.26
None 200,000.00
None 285,028.29
32,506.86 None
None None None
Total ABBeta .................. S 1,131,732.67
LIABILITIES Demand deposita................. S Time depostts.................... Deposits of U.S. Government.... DeJ!~i!B of States and political sub-
divtsJons ..................... . Deposita of l.anks................ . Other deposits (certified and officers'
checks, et..) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabiliti"".................. .
~~1:::::::::::::::::::::::::::
Undivided pr,fits................. . Reserves........................ .
607,244.52 228,673.76
63,217.92 119,943.75
None 4,999.44
None
None None 25,000.00 65,000.00 17,653.28 None
Total Liauilities...............S 1,131,732.67
STATEMENT
Showing condition at the close of business December 31, 1957, of
THE BANK OF SOPERTON Soperton, Ga.
As called for by the Superintendent of Banks
J. E. HALL, President.
Date of Charter: 7-16-1906
R. A. PERRY, Cashier.
Began Business: 1903
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proceBB of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political subdlVIBIOns . . . . . . . . . . . . . . . . . . . . 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 ABBets..................... .
501,684.46 1,388,238. 76
57,540.05 149,937.50
None 671,529.59
4,165.00 None
None None 902.29
Total Assets ..................S 2, 773,997.65
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposita of U.S. Government ..... .
D'Jl~l~n~f. ~~~~B. ~~~. ~.o.~t~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,337,838.07 967,671.91 25,330.51
194,468.89 None
8,698.25 None
None 40,757.30 50,000.00 100,000.00 49,232.72
None
Total Liabilities............... S 2, 773,997.65
THIRTY-EIGHTH ANNUAL REPORT
125
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF HANCOCK COUNTY Sparta, Ga.
As called for by the Superintendent of Banks
J. H. DOLVIN, President.
Date of Charter: 10-18-1904
S. H. HOLLIS, Cashier.
Began Business: 9-5-1904
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 360,084.89
United States Government obliga-
tions, direct and guaranteed ..... .
685,092.53
Obligat}op~ of States and political
SUbdtVJSIODS . . . . . . . . . . . . . . . . . . . .
260,999.73
Other bonds, notes, and debentures..
219,328.13
Corporate sto~ks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
982,445.23
Bank premises owned, furniture and
fixtures........................ .
7,300.00
Real estate owned other than bank
premises....................... .
1.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acooptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total Asseta ..................$ 2,515,251.51
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
D~!!~n~~ ~~~~~. ~~~. ~.o.~t~~~l. ~~~
Df'posits of banks ................ . Other deposits (certified and officers'
checks, ~tc.) ................... . Bills payable..................... . Acceptances executed by or for a<>-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
800,662.79 1,100,893.33
28,651.23 429,211.15
None 12,641.81
None
None None 50,000.00 50,000.00 33,191.20 10,000.00
Total Liabilities...............$ 2,515,251.51
STATEMENT Showing condition at the close of business December 31, 1957, of
THE EXCHANGE BANK OF SPRINGFIELD Springfield, Ga.
As called for by the Superintendent of Banks
B. L. RAHN, President.
Date of Charter: 12-30-1907
EMORY A. SHEAROUSE, Cashier.
Began Business: 1-1-1908
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 513,876.84
United States Government obliga-
tions, direct and guaranteed ..... . 1,073,406.25
Obligations of States and political
I subdivisions . . . . . . . . . . . . . . . . . . . .
45,500.00
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
' Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
961,109.39
Bank premises owned, furniture and
fixtures........................ .
8,359.66
Real estate owned other than bank
premises....................... .
None
Investments and othr assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - - Other Assets..................... .
None
Total Assets..................$ 2,602,252.14
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D':fi~!!~n~f. ~~~~s. ~~~. ~.l~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for a<>-
count of this bank and outstanding........................... .
::: :::::::: ::::::::::: ::: Other liabilities.................. .
~::;:~:!.
Undivided profits................. . ReservE-s .......................
1,000,512.72 1,109,105.22
None
319,634.20 None
None None
None None 50,000.00 100,000.00 23,000.00 None
Total Liabilities...............$ 2,602,252.14
126
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF STAPLETON Stapleton, Ga.
As called for by the Superintendent of Banks
J. C. KILGORE, President.
Date of Charter: 3-20-1916
J. C. KILGORE, Cashier.
Began Business: 1916
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $
United States Government obligations, direct and guaranteed ..... .
Obligations of States and political subdivisions ................... .
Other bonds, notes, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ .
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 acceptancPs outstanding......... .
Other Assets..................... .
288,909.87 492,56!.97
40,795.14 134,951.25
None 140,615.23
1,200.00 None
None None None
Total Assets ..................$ 1,099,036.46
LIABILITIES Demand deposits.................. $
Time depostts.................... . Dep~sits of L'. S. Government ..... . Del!o~i! of States and political sub-
dtvtstons ...................... . Deposits of banks ................ . Other depo3its (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .
657,153.33 125,834.58
8,589.86
224,579.59 None
4,753.89 None
None None 25,000.00 30,000.00 23,125.21 None
Total Liabilities............... $ 1,099 ,036. 46
STATEMENT Showing condition at the close of business December 31, 1957, of
BULLOCH COUNTY BANK Statesboro, Ga.
As called for by the Superintendent of Banks
W. G. COBB,
President.
Date of Charter: 1-19-1934
===========================
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S UniteJ States Government obligations, direct and gua.rante~:t ..... . Obligat_io.n~ of States and political subdtVlSlODB .....
Other bonds, notes, and debentures.. Corporate stmks (inclu:ling stock of
Federal Reserve Bank) .......... . Loans and discounts (inclu:ling over-
drafts) .................. Bank premises owned, furniture and
fixtures........................ .
Real estate owned other than bank premises....................... .
Investments and other assets indirectly representing bank premises
or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Ass>ts..................... .
8!2,866.60 1,058,573.0J
417,754.64 124,968.75
None 1,432,00.:! 26
142,871.69 No:1e
None None 7,673.17
J. BRANTLEY JOHNSON, Cashier.
Began Business: 4-14-1934
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... . Del!~i!s of States and political sub-
divtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . llill payable..................... . Acceptances executed by or for ac-
count of thi bank and outstanding ........................... .
Other liabilities .................. . Capital. ......................... . :;urplus ......................... . t:ndivide.l profits................. .
Reserves ........................ .
2,475,465.84 711,559.38 76,053.15
306,281.24 56,279.10
10,120.65 None
None 17,425.00 100,000.00 200,000.00 23,525.75 50,000.00
Total Assets.................. $ 4,026, 710.11
Total Uabilities............... $ 4,026,710.11
THIRTY-EIGHTH ANNUAL REPORT
127
STATEMENT Showing condition at the close of business December 31, 1957, 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 balances, and cash
items in process of collection...... $ 2,087,068.62
United States Government obliga-
tions, direct and guaranteed ..... . 1,106,620.00
Obligat_io!'~ of States and political
subdtVlSIODS ............ , .
13,940.00
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 2,230,328.86
Bank premises owned, furniture and
fixtures........................ .
13,000.00
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 ..................$ 5,450,957.48
LIABILITIES Demand deposits.................. $ Time deposits.................... .
Deposits of U. S. Government ..... .
D'Ji~i!l~n~~ ~~~~~s. ~~-~ ~-ol~t.i~~l. ~~~
Depcsits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
3,864,888.02 822,671.47 44,035.11 248,883.98 36,976.98
31,853.77 None
None None 125,000.00 125,000.00 125,000.00 26,648.15
Total Liabilities...............$ 5,450,957.48
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF STONE MOUNTAIN Stone Mountain, Ga.
As called for by the Superintendent of Banks
C. ARTHUR DREW, President.
Date of Charter: 4-17-1957
ROBERT L. MAUGHON, Cashier.
Began Business: 6-6-1957
ASSETS
Cash, balances with other hanks, in-
cluding reserve balances, and cash
items in process of collection......$ 324,396.66
United States Government obliga-
tions, direct and guaranteed ..... .
230,114.07
Oblip;at.io_n~ of States and political
subdtV1810DS .... , .
None
Other bonds, notes, and debentures..
25,007.81
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
229,047.60
Bank premises owned, furniture and
fixtures........................ .
8,727.02
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.. . . . . . . . . . . . . . . . . . . . .
5, 752.65
Total Assets.................. $ 823,045.81
LIABILITIES Demand deposita..................$ Time depos1ts .................... . Deposits of U.S. Government ..... .
D'Ji~J!!~n~~ ~~~~~s. ~~- ~-~t~~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities ................. .. Capital. ........................ Surplus ......................... .
Undivided profits................. . Reserves ........................ .
462,124.47 153,986.65
6,218.40
50,000.00 25,000.00
4,334.90 None
None 250.69 100,000.00 10,000.00 11,130.70
None
Total Liabilities...............$ 823,045.81
128
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS & MERCHANTS BANK Summerville, Ga.
As called for by the Superintendent of Banks
D. L. McWHORTER, President.
Date of Charter: 2-5-1926
JAMES F. KING, Cashier.
Began Business: 2-6-1926
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proceas of collection ......$ United States Government obligations, direct and guaranteed. . . . . . Obliga~io_n~ of States and political subdiVISIOns.................... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)... . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises o\\ned, furniture and fixtures......................... Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . . Investments and other Sl'sets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.... . . . . . . Otller Assets......................
1,083,939.06 2,219,897.01
757,003.19 149,950.00
None 1,673,729.75
75,000.00 None
None None 1,315.16
Total Assets ..................$ 5,960,834.17
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government . . . . . .
D';ll~!!~n~~ ~~~~~- ~~- ~-ol~~~~l. ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
3,521,587.30 918,490.04 168,844.25 835,719.66 Non& 40,702.79 None
None 4,000.00 200,000.00 175,000 00 25.000.00 71,490.13
Total Liabilities...............$ 5,960,834.17
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CENTRAL BANK Swainsboro, Ga.
As called for by the Superintendent of Banks
E. H. YOUNGBLOOD, President.
Date of Charter: 10-27-1920
R. H. ROACH, JR., Cashier.
Began Business: 11-9-1920
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed..... . Obliga~io~ of Statea and political
BUbdiVISlODS
OtliPr bonds, notea, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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......... Otller Assets..................... .
407,295.13 971,413.74
58,532.43 None None
1,339,636.80 128,500.77 None
None None None
Total Assets ..................$ 2,905,378.87
LIABILITIES Demand deposits............... , .$ Time deposits.................. , .. Deposits of U.S. Government ..... . DeP."'!i~ of Statea and political aub-
diVISlOn& . ,., , ,,,
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... Billa payable.................... Acceptances executed by or for ac-
count of this bank and outstanding .......................... Other liabilities.................. . Capital. ......................... . Surplus . . . . . . . . . . . . . . . . . . . . . . . Undivided profits................ Reserves .......................
1,110,102.41 1,016.335.39
22,661.23 418,084.05
37,354.83 5,740.06 None
None None 100,000 00 160,000.00 20,252.97 14,847.93
Total Liabilities............... $ 2,905,378.87
THIRTY-EIGHTH ANNUAL REPORT
129
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS BANK OF SWAINSBORO Swainsboro, Ga.
As called for by the Superintendent of Banks
H. C. EDENFIELD, President.
Date of Charter: 11-10-1900
JAMES R. SMITH, Cashier.
Began Business: 1900
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and caab items in process of collection..... .S United States Government obligations, direct and guaranteed......
o~~~~onO:. -~~~. ~~~- -~~~~~~~
Other bonds, notes, and debentures.. Co_JJlOrate stocks (including stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . . . . .
663,283.31 1,176,833.75
98,134.26 None None
1, 768,450. 04 117,976.34 None
None None 642 .00
Total Assets ................ .. S 3,825,319. 70
UABILITIES Demand deposita..................$ Time depos1ts.................... . Deposita of U.S. Government ..... .
D~~f~n~~ ~~~- ~~ ~-~~~~- ~~~
Deposits of banks . . . . . . . . . . . . . . . .. Other deposits (certified and officers'
checks, etc.) ................... Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... .
::::: :: ::: ::::::: ::::: ::: Other liabilities.................. .
~:~t:.
Undivided profits................. . Reserves ........................ .
1,578,515.97 1,416,858.94
98,147.48 255,442.29 85,979.24
80,784.27 None
None 5,000.00 125,000.00 175,000.00 4,591.51
None
s Total Liabilities.... . 3,825,319.70
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF SCREVEN COUNTY Sylvania, Ga.
As called for by the Superintendent of Banks
C. L. MILLER, President.
Date of Charter: 4-10-1911
JAMES HILL, Cashier.
Began Business: 2-28-1930
ASSETS
Cash, balances with other banks, in-
cludiniJ reserve balances, and cash
items 1n process of collection...... S 609,673.47
United States Government obliga-
tions, direct and guaranteed ..... . 789,442.00
ob;!s;:N~~~on~f. -~~~. ~~~-. ~~i~~~ 677,185.60
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Res~rve Bank) . . . . . . . . . . .
None
Loans and discounts (including over-
drafts) ........................ . 1,691,824.46
Bank premises owned, furniture and
fixtures........................ .
15,000.00
Res! 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
s TotalAssete.................. 3,783,125.53
s UABIUTIES
Demand deposita.................. Time deposits.................... . Deposits of U.S. Government..... . De~i!& of States and politiesl sub-
divislons ...................... . DeJ)08its of banks . . . . . . . . . . . . . . . . . Other deposita (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
1,894,652.31 1,054,283.24
32,788.80 447,262.75
None 7,796.57
None
None None 100,000.00 150,000.00 96,341.86 None
s Total Liabilities............... 3,783,125.53
130
DEPARTMENT OF BANKING
STATEMENT
Showing condition at the close of business December 31, 1957, 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...... S 403,534.22
United States Uovernment obliga-
tions, direct and guaranteed . .... .
602,355.21
Obligat_iop~ of States and political
subdiVJSlons ................... .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
601,497.27
Bank premises owned, furniture and
fixtures........................ .
2,437.02
Real estate owned other than bank
premises....................... .
5,700.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding.. ....... .
None
Other Assets..................... .- - - -No-ne
Total Assets ..................S 1,615,523.72
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ...................... . Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
777,165.80 387,350.80
3,000.00 291,727.80
Non 6,398.36
None
None None 65,000.00 35,000.00 49,880.96 None
Total Liabilities............... $ 1,615,523.72
STATEMENT
Showing condition at the close of business December 31, 1957, 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
J. N. BOGGS, JR., Cashier.
Began Business: 11-1-1945
ASSETS
Cash, balances with other banks, in-
cludilll! reserve balances, and cash
items m process of collection...... $ 280,064.44
United States Government obliga-
tions, direct and guaranteed ..... .
731,637.48
Obliga~io~ of States and political
subdiviSIOns . .................. .
88,414.11
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
867,014.63
Bank premises owned, furniture and
fixtures........................ .
21,851.65
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..................... .
543.81
Total Assets .................. S 1,989, 526 . 12
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government . . . . . .
D';ft~~~~n~~ ~~~~~- ~~ ~-~~t~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Otherliabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
902,580.10 753,676.90
13,349.66 139,898.65
5,000.00 5,210. 71
None
None 14,810.10 50,000.00 95,000.00 5,000.00 5,000.00
Total Liabilities............... S 1, 989,526. 12
THIRTY-EIGHTH ANNUAL REPORT
131
STATEMENT
Showing condition at the close of business December 31, 1957, 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 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. . . . . . . . . . . . . . . . . . . . . .
509 ,850 .19 1, 999,880. 00
14,000.00 5,000.00
None I, 277,133. 06
46,440.00 None
None None None
Total A.'!Sets .................. $ 3, 852 ,303 .25
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government ..... . Del!o~i~s of States and political sub-
divtstons ...................... . Deposits of banks ................ . Othpr deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~~r~f~!.-:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .
1,717,413.96 1,516,618.70
20,801.50 238,623.07
3,445.89 24,408.64
None
None 66,991.49 50,000.00 100,000.00 114,000.00
None
Total Liabilities............... $ 3,852,303.25
STATEMENT Showing condition at the close of business December 31, 1957, of
THE PEOPLES BANK OF TALBOTTON Talbotton, Ga.
As called for by the Superintendent of Banks
MRS. ELIZABETH P. PERSONS, President.
Date of Charter: 12-9-1890
FANNIE MAHONE, Cashier.
Began Business: 1-13-1891
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed ..... . Obliga~io~ of States and political subdiVlStons ................... . 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..................... .
267,064.53 656,500.00
None None None 148,497.91 2.00 1.00
None None None
Total Assets .................. $ 1,072, 065. 44
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government..... .
Ddl~!~~n~~ ~~~s. ~~~- ~-~l~t.i~~l. ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~~~f~.:::::::::::: :::::::::::::
Undivided profits................. . Reserves ........................ .
677,658.57 8,920.71 None
289,250.60 None
739.00 None
None None 25,000.00 25,000.00 45,496.56 None
Total Liabilities...............$ 1,072,065.44
132
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, 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 balances, and cash
items in process of collection ...... $ 167,232.90
United States Government obliga-
tions, direct and guaranteed ..... .
518,586.76
O~~'f:J;~;"Jon~f. -~~~~. ~~~ .~~~~c.a~ 37,892.44
Other bonds, notes, and debentures..
184,268.73
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
419,165.99
Bank premises owned, furniture and
fixtures........................ .
5,543.64
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..................... .
1,126.02
Total Assets..................$ 1,333,816.48
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Go,ernment ..... . DeP.o~i!s of States and political sub-
divl8tons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves .......................
580,980.80 420,428.94
9,397.11 187,792.57
None 3,390. 75
None
None 15,229.22 25,000.00 40,000.00 35,597.09 16,000.00
Total Liabilities...............$ 1,333,816.48
STATEMENT Showing condition at the close of business December 31, 1957, 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 banka, in-
cluding reserve balances, and cash
items in process of collection...... $ 96,778.32
United States Government obliga-
tions, direct and guaranteed ..... . 238,090.56
Obliga~iop~ of States and political
subd1V181ons . . . . . . . . . . . . . . . . . . . .
None
Other bonds, notes, and debentures..
50,376.25
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ . 367,784.87
Bank premises owned, furniture and
fixtures ........................ .
2.00
Res! 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..................$ 753,032.00
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D~!i~n'!f. ~~~~- ~~~- ~~~t~~~. ~~~
Deposits of banka................ . Other deposits (certified and officers'
checka, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. .
~!pit:!::::::::::::::::::::::::::
Un'"divided profits................. . Reserves ........................ .
338,629.23 148,258.12
5,114.52 118,294.29
None 2,500.00
None
None None 25,000.00 35,000.00 80,235.84 None
Total Liabilities...............$ 753,032.00
THIRTY-EIGHTH ANNUAL REPORT
133
STATEMENT Showing condition at the close of business December 31, 1957, 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 balances, and cash
items in process of collection ...... $ 82,113.46
United States Government obliga-
tions, direct and guaranteed ..... .
181,000.00
Obliga~io.n~ of States and political
SUbdiVISlODS . ................
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
132,047.25
Bank premises owned, furniture and
fixtures........................ .
1,245.24
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. . . . . . . . . . . . . . . . . . . . . .
2, 795. 05
Total Assets.................$ 399,201.00
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government . . . . . .
D':fl~!~~n~f. ~~~~~s. ~~~. ~.~l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
rbecks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
294,007.79 None None
46,200.00 None None None
None 172.40 25,000.00 25,000.00 8,820.81
None
Total Liabilities............... I 399,201.00
STATEMENT Showing condition at the close of business December 31, 1957, of
TENNILLE BANKING CO. Tennille, Ga.
As called for by the Superintendent 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-
eluding reserve balances, and cash items in process of collection ......I United States Government obligations, direct and guaranteed ..... . Obligat_iop~ of States and political
SUbdiVJSIODB
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
434,532.06 418,303.13
7,000.00 134,906.25
None 415,953.94
28,117.48 None
None None 8,000.00
Total Assets ................. .1 1,446,812.86
LIABILITIES Demand deposits................. .1 Time deposits.................... . Deposits of U.S. Government..... .
D':fl~!~n~f. ~~~s. ~~ ~~~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . SurpluA ........................ Undivided profits................. . Reserves ........................ .
601,407.32 339,382.60
2,040.00 183,080.36
None 113.06
None
None None 50,000.00 200,000.00 62,789.52 8,000.00
Total Liabilities.............. .1 1,446,812.86
134
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF UPSON Thomaston, Ga.
As called for by the Superintendent of Banks
CHAS. M. PALSEY, JR., President.
Date of Charter: 6-23-1951
ROBERT P. CRAVEY, Cashier.
Began Business: 10-1-1951
ASSETS Cash, balances "ith other banks, in-
cluding r~serve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligat_io_n~ of States and political
SubdtVlSlODS .. , .............
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Ueserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
797,983.96 1,178,771.66
164,372.53 None None
882,259.32 21,169.32 None
11,154.81 None
1,920.14
Total Assets ..................$ 3,057,631.74
LIABILITIES Demand deposits.................. S Time depos>ts .................... . Deposits of l7. S. Government ..... .
D';ll~T!!~n~f. ~~~~~s. ~~~- ~-ol~t~~~l- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .
1,214, 761.16 822,833.44 7,400.19 515,186.02 182,684.57 1,535.00 None
None 32,340.69 150,000.00 75,000.00 55,890.67
None
Total Liabilities..............$ 3,057,631.74
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS & SOUTHERN BANK OF THOMASTON Thomaston, Ga.
As called for by the Superintendent of Banks
C. B. JENKINS, JR., President.
Date of Charter: 1-18-1926
J. P. CULPEPPER, JR., Cashier.
Began Business: 2-28-1930
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed . . . . . . Obligat.io_n~ of States and political subd1V1Slons. . . . . . . . . . . . . . . . . . . . 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......................
1,262,529.94 2,382,058. 60
833,365. 73 139,281.25
None 3, 790,795 .12
27,440.75 None
None None 22,319.81
Total Assets..................$ 8,457,791.20
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':ll~T!~~n~f. ~~~~~s. ~~~ ~-ol~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
4,297. 762.66 2,619,059.14
186,927.73
483,853.51 None
8,153.61 6,000.00
None 235,062.57 250,000.00 250,000.00 120,971.98
None
Total Liabilities...............$ 8,457,791.20
_ _ _ _ _ _ ___:T::::H=IR.TY-EIGHTH ANNUAL REPORT
135
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF THOMAS COUNTY Thomasville, Ga.
As called for by the Superintendent of Banks
H. B. GURLEY, President.
Date of Charter: 2-3-1937
JOE J. KEYTON, Cashier.
Began Business: 2-15-1937
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and 11uaranteed. . . . . . Obliga~io.n~ of States and political subdivtstons.................... Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Resene Bank). . . . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other asseta indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets......................
1,206,031. 77 2, 240,900.68
543,453.33 66,000.00 None
2,342,170. 74 69, 989 . 09 33, 833 .33
None None 58,902.75
Total Assets .................. $ 6,561,281.69
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... .
D'Ji~~!!~n~~ ~~~~es. a~~- ~-"~~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
3,145,738.33 1,549,923.44
181,384.48 1,108,098. 74
47,173.54
44,689.28 None
None 81,008.00 150,000.00 225,000.00 20,822.78 7,443.10
Total Liabilities...............$ 6,561,281.69
STATEMENT Showing condition at the close of business December 31, 1957, of
COMMERCIAL BANK Thomasville, Ga.
As called for by the Superintendent of Banks
L. D. FERGUSON, President.
Date of Charter: 7-3-1916
A. F. KIMBROUGH, Cashier.
Began Business: 7-22-1916
ASSETS Cash, bo.lances with other banks, in-
cluding reserve bo.Jances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed...... Obliga~io_n~ of States and political subdnlStons . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including overdrafts) . . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and fixtures......................... Rest 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. . . . . . . . . . . . . . . . . . . . . .
2,097,511.87 2,009,567.51
553,239 .98 None None
3, 586,395.70 43,260.00 3,472.13
None None 8, 602 .62
Total Assets..................$ 8,302,049.81
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... . Del!~i~s of States and political sub-
divlSlons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:~if:.::: :: ::::::::::::::::::::
unvided profits................. . Reserves ........................ .
4,477 ,435. 79 2,096,395. 73
120,027.29 920,468.71 102,862.82 48,596.24
None
None None 200,000.00 200,000.00 28,916.14 107,347.09
Total Liabilities............... $ 8,302,049.81
136
DEPARTMENT OF BANKING_ _ _ __
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF THOMSON Thomson, Ga.
As called for by the Superintendent of Banks
E. C. HAWES, President.
Date of Charter: 7-30-1891
W. F. BECKUM, JR., Cashier.
Began Business: 1891
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligatiolll', direct and guaranteed ..... . Obligat.iop~ of States and political
SUbdlVISlODS ................
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premis>s ....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
742,679.25 951,405.13 140,452.98
65,000.00 720.00
886,736.87 26,200.00 None
None None None
Total Assets.................$ 2,813,194.23
LIABILITIES Demand deposits................. . Time depos1ts.................... . Deposits of U.S. Government ..... .
D':fl0!1~n~f. ~~~~s. ~~- ~-ol:t!~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:~f:!.::: ::: :: :: ::: :: ::::: :: :::
Undivided profits................. . Reserves........................ .
1, 732,260.12 571,908.09 39,328.69 199,334.49 None 7,827.42 None
None 6,000.00 50,000.00 50,000.00 131,837.93 24,697.49
Total Liabilities...............$ 2,813,194.23
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF TIFTON Tifton, Ga.
As called for by the Superintendent of Banks
JOHN E. PARKERSON, President.
Date of Charter: 10-10-1891
L. W. GAULDING, Cashier.
Began Business: 1896
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed ..... . Obligat.io.n~ of States and political subdiVISions . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
1,918,254.88 3,462,263.80
108,558.68 None None
2,750,866.87 58,397.24 None
None None None
Total Assets..................$ 8,298,341.47
LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government..... .
D'Ji0!1~n~~ ~~~~~s. ~~~- ~~t!~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:r~f~!::::::::::::::::::::::::::
Undivided profits................. . Reserves .......................
3,973,712.56 2,480,707.88
84,215.92 556,059.76 397,468.59
41,953.40 None
None None 200,000.00 300,000.00 211,723.36 52,500.00
Total Liabilities...............$ 8,298,341.47
THIRTY-EIGHTH ANNUAL REPORT
137
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS BANK OF TIFTON Tifton, Ga.
A"s called for by the Superintendent of Banks
M. H. EVANS, President.
Date of Charter: 2-24-1948
W. W. CONOLY, Cashier.
Began Business: 4-15-1948
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection..... .1 United States Government obligations, direct and guaranteed ..... . Obligat~o!'~ of States and politicsl
SUbdiVJSlOnB . , ......... , ...
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
561,328.72 637,341.11 157,632.12 114,875.00
None 858,743.35 47,000.00
None
None None 847.04
Total Assets................. .1 2,377,767.34
LIABILITIES Demand deposits................. .1 Time depostts.................... . Deposits of U.S. Government ..... .
D';R~l~n~~ ~~~s. ~~~ :.'~t~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. .
~:~f:!:::::::::::::: :: :: :: ::: :::
Undivided profits................. . Reserves........................ .
841,248.92 859,464.32 28,814.09
409,522.22 None
21,386.10 None
None None 100,000.00 50,000.00 29,831.69 37,500.00
Total Liabilities.............. .1 2,377,767.34
STATEMENT Showing condition at the close of business December 31, 1957, of
THE FARMERS BANK OF TIFTON Tifton, Ga.
As called for by the Superintendent of Banks
JOHN H. DAVIS, President.
Date of Charter: 12-21-1936
L.A. BRASWELL, Cashier.
Began Business: 2-24-1937
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... 1 United States Government obligations, direct and guaranteed..... . Obligat.io.~ of States and political
subdtVlSIODB . .. , .......... , , ... .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
592,405.87 1,281,842.51
131,301.23 399,984.38
None 1,635,648.37
17,942.39 None
None None None
Total Aasets ................. .1 4,059,124.75
LIABILITIES Demand deposits..................1 Time depostts.................... . Deposits of U.S. Government ..... .
D':fl~!1~n~f. ~~~~. ~~~. ~.o.I~t.i~~~ ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
Otihnegr.l.ia.b..il.ities.................... ..
~:r~~!.:::: :::::: ::: :: :: :: :: ::: :
Undivided profits................. . Reserves ........................ .
1,885,481.39 1,163,432.16
144,799.77 422,829.19
8,192.54
97,161.77 None
None None 100,000.00 150,000.00 70,276.94 16,950.99
Total Liabilities...............1 4,059,124.75
_13_8_ _ _ _ _ _ _ _.:._D-=E:=-P-=-=A=R::..:::T:.=M:ENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF TIGNALL Tignall, Ga.
As called for by the Superintendent of Banks
L. L. BLACKMON, President.
Date of Charter: 7-5-1909
L. D. WARE, Cashier.
Began Business: 8-1909
ASSETS
Cash, balances with other l:anks, in-
cluding rE-serve balanc<'s, and cash
items in proeess of <>ollection ...... S 129,287.50
United States Government obliga-
tions, dirE'ct and guaranteed ..... .
421,115.00
Obligat.io.n~ of States and political
subdJvtsions ................... .
None
Other bonds, notes, and debentures..
None
Corporate stock (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (incluLing over-
drafts) ........................ .
26,426.00
Bank premises owned, furniture and
fixturos........................ .
1.00
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 .....................
.
-
-
-
-
-No-ne
Total Assets .................. S 576,829.50
LIABILITIES Demand deposits.................. S Time depos1ts.................... . Deposits of V. S. Government ..... . DcJ?o~i~s of States and political sub-
dtvtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . l'ndivided profits................. . Rcscnes ........................ .
442,604.28 None
775.00
79,946.02 None
None None
None 1,500.00 25,000.00 12,500.00 12,004.20 2,500.00
Total Liabilities...............$ 576,829.50
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF TOCCOA Toccoa, Ga.
As called for by the Superintendent of Banks
WM. C. CLARY, JR., President.
Date of Charter: 8-10-1911
J. NOLAN SPEAR, Cashier.
Began Business: 9-1-1911
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 864,814.82
United States Government obliga-
tions, direct and guaranteed ..... . 1,290,556.25
Obli~t_iop~ of States and political
SubdlVISlODS, .................. .
214,704.40
Other bonds, notes, and debentures ..
213,951.25
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ................. 1,643,964.23
Bank premises owned, furniture and
fixtures........................ .
75,854.45
Real estate owned other than bank
premisf"s....................... .
2,043. 74
Investments anrl other assets inrli-
rectly repr<'senting bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
None
Total Assets .................. S 4,305,889.14
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... . DeJ?o~i~s of States and political sub-
diVISions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... .
Acceptances executed by or for account of this bank and outstanding ........................... .
Other liabiliti<'s .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,993,882.45 1,469,310.60
81,322.68
385,574.75 82,948.29
10,903.47 None
None 34.82 100,000.00 150,000.00 31,912.08 None
Total Liabilities...............S 4,305,889.14
------~THIRTY-EIGHTH ANNUAL REPORT
139
STATEMENT Showing condition at the close of business December 31, 1957, of
THE CITIZENS BANK OF TOCCOA Toccoa, Ga.
As called for by the Superintendent of Banks
WALLACE B. BRUCE,
WILLARD KIMSEY,
President.
Cashier.
Date of Charter: 5-25-1950
Began Business: 3-16-1951
=======================T=============
ASSETS Cash, balances with other banks, in-
cludin~~; reserve balances, and cash items in process of collection...... S United St:.tcs Government obligations, dire<"t and guaranteed ..... . Obligat.io.n~ of States and political
subdiVlSlODS .................. , ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
r Federal Reserve Bank) .......... .
Loans and discounts (including overdrafts) ........................ .
Bank premises owned, furniture and fixtures........................ .
Real estate owned other than bank premises....................... .
Investments and other assets indirectly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
1,039,873.52 1,073,421.88
230,761.02 296,878.13
None 1,151,791.39
16,185.60 None
None None None
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government . . . . . .
D'Jl~!l~n~f. ~~~t~s. ~~~- ~-ol~t.i~~l. ~~~
Deposits of hanks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
inp: . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other liabilities .................. . C'apital. ......................... . Surplus ......................... . Undivided profits................. . Reser,es ........................ .
2,255,347.99 832,558.15 98,904.64 353,269.46 None 24,734.46 None
None None 125,000.00 75,000.00 24,096.84 20,000.00
Total Asaets .................. $ 3,808,911.54
Total Liabilities............... S 3,808,911.54
STATEMENT Showing condition at the close of business December 31, 1957, of
WILKINSON COUNTY BANK Toomsboro, Ga.
As called for by the Superintendent of Banks
H. E. STEPHENS, President.
Date of Charter: 7-16-1907
H. E. STEPHENS, Cashier.
Began Business: 7-16-1907
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in procesa of collection...... S 184,480.58
United States Government obliga-
tions, direct and guaranteed ..... .
265,000.00
Obligat.io_n~ of States and political
subdtVISIODS ............. ,
10,000.00
Other bonds, notes, and debentures..
154,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
346,149.24
Bank premises owned, furniture and
fixtures........................ .
650.00
Real estate owned other than bank
premises....................... .
1,600.00
Investments and other asaets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Asaets..................... .
None
Total Assets .................. S 961,879.82
LIABILITIES Demand deposits.................. $ Time depcsits.................... . Deposits oi U.S. Government ..... .
D'Jl~i!!~n~f. ~~~~~s. ~~~- ~-ol~t.i~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... .
Acceptances executed by or for account of this bank and outstanding ........................... .
Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves........................ .
531,325.24 225,966.29
5,817.00 74,893.65
None 6,550.78
None
None None 25,000.00 50,000.00 42,326.86 None
Total Liabilities...............S 961,879.82
140
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF DADE Trenton, Ga.
As called for by the Superintendent of Banks
GEO. H. HARRISON, President.
Date of Charter: 7-5-1955
R. M. MORRISON, Cashier.
Began Business: 1-12-1956
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ......I 119,121.44
United States Government obliga-
tions, direct and guaranteed ..... .
368,114.08
Obli.gat.io!'~ of States and political
SU'bdi.VJSIODS . ................
None
Other bonds, notes, and debentures..
1,032.27
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
347,464.69
Bank premises owned, furniture and
fixtures ........................ .
8,122.31
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 Aasets..................... .
None
Total Aasets .............. I 843,854.79
LIABILITIES Demand defK>sits .................. 1 Time deposits.................... . Deposits of U.S. Government ..... .
D~!l~n~~ ~~~~- ~~~- ~-~~~~. ~~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
356,266.48 206,666.91
5,726.82 193,319.86
None 6,295.87
None
None 4,337.03 25,000.CO 40,000.00 6,241.82
None
Total Liabilities..............I 843,854.79
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF TUCKER Tucker, Ga.
As called for by the Superintendent of Banks
REID H. COFER, President.
Date of Charter: 10-29-1919
REID H. COFER, Cashier.
Began Business: 12-1919
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... I 475,384.00
United States Government obliga-
tions, direct and guaranteed ..... .
579,381.26
Obli.gat:io_n~ of States and political
subdivlSIOns . . . . . . . . . . . . . . . . . . . .
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......
None
Loans and discounts (including over-
drafts) .......................
765,561.47
Bank premises owned, furniture and
fixtures ........................
4,620.37
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 Aasets..................... .
8,710.30
Total Assets ................. I 1,833,657. 40
LIABILITIES Demand deP.osits.................. I Time deposits.................... Deposits of U. S. Government ..... .
D~l~n~~ ~~~~~- ~~- ~.o!~t~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities.................. . Capital. ......................... Surplus ......................... . Undivided profits................. . Reserves ........................ .
961,178.36 530,692.29
22,728.18 74,200.00
None 18,413.14
None
None 7,623.91 50,000.00 130,000.00 3,000.00 35,821.52
Total Liabilities............... I 1,833,657.40
THIRTY-EIGHTH ANNUAL REPORT
141
STATEMENT
Showing condition at the close of business December 31, 1957, of
DURDEN BANKING COMPANY, INC. Twin City, Ga.
As called for by the Superintendent of Banks
B. LEWIS BRINSON, President.
Date of Charter: 6-26-1935
J. THOMAS DURDEN, Cashier.
Began Business: 7-5-1935
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ......S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political subdiVISIOnS . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... .
Investments and other assets indirectly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
270,845.08 548,295.31
None 75,000.00
None 355,575.82
14,050.19 None
None None None
Total Assets................ .S 1,263,766.40
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
D':IiZ~!~~0~f- ~~~~- ~~~- ~-o-~t-i~~l- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, ~tc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding .......................... Other liabilities .................. .
~!~f~!.::::: ::::: ::: ::: ::::::: ::
Undivided profits................. . Reserves ........................
670,156.48 344,775.39
17,235.11 114,577.17
None 2,304.89
None
None 3,000.00 25,000.00 25,000.00 36,717.36 25,000.00
Total Liabilities..............$ 1,263, 766.40
STATEMENT Showing condition at the close of business December 31, 1957, of
EXCHANGE BANK OF UNADILLA Unadilla, Ga.
As called for by the Superintendent of Banks
T. E. WOODRUFF, President.
Date of Charter: 4-19-1935
T. E. WOODRUFF, Cashier.
Began Business: 4-22-1935
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of ~ollection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political subdiVISIOns . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
TotalAssets .................. s
452,857.31 224,328.13
None None None 513,476.26 6,425.00 None
None None None 1,197,086.70
LIABILITIES Demand deposits.................$ Time depostts.................... Deposits of U.S. Government ..... .
D'Ji~!l~,:f. ~~~~s. ~~~- ~-ol~t:~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
740,102.70 154,059.83
6,152.93 143,151.12
None 14,947.59
None
None None 50,000.00 25,000.00 50,000.00 13,672.53
s TotalLiabilities............... 1,197,086.70
142
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF UNION POINT Union Point, Ga.
As called for by the Superintendent of Banks
RALPH L. RHODES, President.
Date of Charter: 5-15-1911
HENRY L. ASBURY, Cashier.
Began Business: 5-1911
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io:n~ of States and political
SUbdiVlSlODS .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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..................... .
433,085.24 676,625.44 157,369.23 169,975.00
None 305,469.80
8,831.03 2.00
None None None
Total Assets ..................$ 1,751,357.74
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
D';fl~~~~n~f. ~~~~s. ~~~. ~-ol~t~~~l. ~~~
Deposits of banks ................ . Other depos1ts (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .
922,380.66 488,522.76
29,338.38
168,101.29 None
1,772.25 None
None None 50,000.00 75,000.00 16,242.40 None
Total Liabilities............... $ 1,751,357.74
STATEMENT
Showing condition at the close of business December 31, 1957, 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 H. FLYNT, Cashier.
Began Business: 9-6-1911
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io_n~ of States and political subdiVlSlOns . . . . . . . . . . . . . . . . . . . . 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..................... .
340,916.48 878,672.41
40,456.66 216,901.88
None 686,372.52
1,547.38 None
None None 2,946.14
Total Assets..................$ 2,167, 813.47
LIABILITIES Demand deposits.................. $ Time depOStts .................... . Deposits of U.S. Government ..... . Del!o~i!s of States and political sub-
diVIstons ...................... . Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .
582,347.59 1,246,856.28
24,146.21 126,667.52
None 3, 707.89
None
None None 50,000.00 100,000.00 34,087.98 None
Total Liabilities............... $ 2,167,813.47
THIRTY-EIGHTH ANNUAL REPORT
143
STATEMENT Showing condition at the close of business December 31, 1957, of
FIRST STATE BANK Valdosta, Ga.
As called for by the Superintendent of Banks
REA STEELE, President.
Date of Charter: 1-22-1906
J. R. ZEIGLER, Cashier.
Began Business: 3-1906
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... I 637,034.26
United States Government obliga-
tions, direct and guaranteed ..... .
544,295.93
Obligatjo~~ of States and political
subdJVISIODS . . , ........... , , .. .
180,713.21
Other bonds, notes, and debentures..
14,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
949,121.41
Bank premises owned, furniture and
fixtures........................ .
10,128.22
Real estate owned other than bank
pren1ises . ...................... .
35,000.00
Investments and other assets indi-
rectly representing bank premises
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding... ...... .
None
- - - - - Other Assets..................... .
None
Total Assets .................. $ 2,370,293.03
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U. S. Government ..... .
Ddl~i!!~n~f. ~~~~~s. ~~~ ~.o.l~t.i~~l. ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
892,920.36 712,683.35 20,380.99 433,104.94 73,717.52
6,733.65 None
None 10,720.50 100,000.00 100,000.00 20,031.72
None
Total Liabilities...............$ 2,370,293.03
STATEMENT Showing condition at the close of business December 31, 1957, of
DARBY BANKING COMPANY Vidalia, Ga.
As called for by the Superintendent of Banks
J. F. DARBY, JR., President.
Date of Charter: 6-22-1934
0. C. EIDSON, Cashier.
Began Business: 7-1-1934
ASSETS Cash, balances with other banks, in-
cluding reserve balanceR, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io~~ of States and political subdivtstons . .................. . 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..................... .
463,984.33 591,546.88 183,910.99 274,861.25
None 545,285.68
6,228.00 None
None None None
Total Assets ..................$ 2,065,817.13
LIABILITIES Demand deposits..................$ Time deposits.................... Deposits of U.S. Government ..... .
D'di~i!!~n~f. ~~~~~s. ~~~. ~.o.l~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... Surplus ......................... .
Undivided profits................. . Reserves ........................ .
1,141,476.94 353,334.48 25,415.63 193,778.30 171,708.56 12,660.91 None
None 14,183.76 50,000.00 50,000.00 53,258.55
None
Total Liabilities............... $ 2,065,817.13
144
DEPARTMENT OF BANKI.=-Nc.::G:..___ _ _ _ _ _ __
STATEMENT Showing condition at the close of business December 31, 1957, of
VIDALIA BANKING COMPANY Vidalia, Ga.
As called for by the Superintendent of Banks
C. M. JORDON, President.
Date of ~arter: 10-22-1938
W. E. SMITH, Cashier.
Began Business: 10-28-1938
ASSETS
Cash, balances \\ith other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ 1,082,036.94
United States Government obliga-
tions, direct and guaranteed ..... . 1,258,389.69
Oblip;at.io}U! of States and political
8\lbdiVlSlODS . .................
24,523.27
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ....................
689,564.72
Bank premises owned, furniture and
fixtures ........................ .
4,343.39
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
reotly representing bank premises
or other rPal estate ............. .
None
Customers' liability to this bank on
accepbmces outstanding......... .
None
- - - - - Other Assets..................... .
None
Tots) Assets .................. $ 3,058,858.01
LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
D':fi~?!l~n~~ ~~~~~s. ~~~- ~-oI~t~~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks. etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ........................ Surplus ......................... . Undivided profits................. . Reserves........................ .
2,131,591.13 298,908.58 50,319.46 312,802.79 59,236.31
5,777.75 None
None None 50,000.00 50,000.00 None 100,221.99
Tots! Liabilities...............$ 3,058,858.01
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS BANK Vienna, Ga.
As called for by the Superintendent of Banks
E. E. LEWIS, President.
Date of ~arter: 6-24-1931
W. G. WILLIAMSON, Cashier.
Began Business: 7-1-1931
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ 446,080.75
United Staw Government obliga-
tions, direct and guaranteed ..... .
514,127.50
0~~\~~on~f. -~~~~. ~~-. ~~~i~~~
None
Other bonds, noteo, and debentures..
174,968.75
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) .................... .
539,724.74
Bank premises owned, furniture and
fixtures ........................ .
2,552.56
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 .................$ 1,677,454.30
LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D':Ji~t~n~f. ~~~- ~~~- ~~~t-i~l. ~~~
Dejlosits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptan~<>s executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
949,072.53 258,373.63
22,462.43 238,533.37
241.41 12,691.11
None
None None 50,000.00 25,000.00 121,079.82 None
Total Liabilities...............$ 1,677,454.30
THIRTY-EIGHTH ANNUAL REPORT
145
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF VILLA RICA Villa Rica, Ga.
As called for by the Superintendent of Banks
H. G. CLIATT, President.
Date of Charter: 5-4-1899
R. R. RICHARDSON, Cashier.
Began Business: 5-1899
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ......S United States Government obligations, direct and guaranteed..... . Obliga~io."!' 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....................
622,264.75 1,049,800.00
68,925.00 None None
397,457.90 2.00 None
None None None
Total Assets ............... I 2, 138,449.65
LIABILITIES Demand deposits.................. I Time deposits.................... . Deposits of U. S. Government ..... .
D'Jfvi!1~n~f. ~~~~. ~~~- ~-~~~~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .
1,656,857.36 43,111.24 26,139.27 117,988.73 9,839.61 4,406.44 None
None 22,500.00 50,000.00 50,000.00 57,607.00 100,000.00
Total Liabilities...............$ 2,138,449.65
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF WADLEY Wadley, Ga.
As called for by the Superintendent of Banks
S. P. CHAPMAN, JR., President.
Date of Charter: 1-29-1902
P. G. EDENFIELD, JR., Cashier.
Began Business: 1-1902
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed..... . Obligat.io."!' of States and political subdivtstons . .................. . 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 etate 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.....................
167,227.84 539,461.06 194,560.56
None None 631,302.83 1.00 None
None None 1,276. 75
Total Assets............S 1,533,830.04
LIABILITmS Demand deposits................$ Time deposits.................... . Deposits of U.S. Government ..... .
D-:K~~!l~n~~ ~~~~~- ~~ ~!~~~1. ~~~
De_posits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... Surplus ......................... . Undivided profits................. Reserves ........................ .
672,830.40 575,572.54 20,040.94 131,017.65
None 15,634.00
None
None 17,701.05 25,000.00 40,000.00 36,033.46
None
Total Liabilities..............1 1,533,830.04
146
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF WARNER ROBINS Warner Robins, Ga.
As called for by the Superintendent of Banks
CHARLIE L. WILLIAMS, President.
Date of Charter: 4-25-1956
F. 0. McKNEELY, Cashier.
Began Business: 1-4-1957
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... $ 388,475.85
United States Uovernment obliga-
tions, direct and guaranteed ..... .
498,963.30
Obliga~io.n~ of States and political
SUbdlV1810DS
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
212,980.73
Bank premises owned, furniture and
fixtures ........................ .
32,420.15
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..................... .
1,093. 78
Total Assets .................. $ 1,133, 933. 81
LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits <f U. S. Government ..... . Del?o~i!s of States and political sub-
divlsions ...................... . Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
887,532.34 100,275.96
7,482.34 None None
1,327.15 None
None 9,470.40 100,000.00 25,000.00 2,845.62
None
Total Liabilities...............$ 1,133,933.81
STATEMENT
Showing condition at the close of business December 31, 1957, of
CITIZENS STATE BANK Warner Robins, Ga.
As called for by the Superintendent of Banks
D. L. FOUNTAIN, President.
Date of Charter: 12-31-1950
J. CREAMER, Cashier.
Began Business: 1-2-1951
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed...... Obliga~io.n~ of States and political SUbdiVISIOns.................... Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Bank).. . . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises........................ Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Aasets......................
857,623 .93 674,771.88 213,860.04
None None 1,339,869.53 58,259.18 None
None None 4,221.87
Total Aasets .................. $ 3,148, 606. 43
LIABILITIES Demand deposits..................$ Time deposts.................... . Deposits of U.S. Government..... .
D':li~1~n~f. ~~~~s. ~~~- ~-ol~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,381,120.32 704,850.05 42,263.12 688,884.68 None 12,647.98 None
None 101,388.46 100,000.00 100,000.00 17,451.82
None
Total Liabilities...............$ 3,148,606.43
THIRTY-EIGHTH ANNUAL REPORT
147
STATEMENT Showing condition at the close of business December 31, 1957, of
CITIZENS BANK Warrenton, Ga.
As called for by the Superintendent of Banks
DENHAM CASON, President.
Date of Charter: 4-14-1902
G. C. GARRETT, Cashier.
Began Business: 4-1902
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed...... Obligat_io}l~ 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. . . . . . . . . . . . . . . . . . . . . .
506,036.99 1,177,920.32
259,076.34 3,900.00 None
952 ,113. 00 24,108.87
None
None None None
Total Assets .................. $ 2, 923, 155. 52
LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D1iZ~!t~~f- ~~~e_s_ ~~~- ~~-l~t~~~l- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~~pif!!.:::::::::::::::::::::::::
un"Jivided profits.. 00 0 00 0 0 0 0 0 0 0 0 0 0 0 Reserves ........................ .
1,158,313.09 987,477.42 50,875.21 424,513.74 None
4, 731.10 None
None None 100,000.00 75,000.00 102,624.12 19,620.84
Total Liabilities...............$ 2,923,155.52
STATEMENT Showing condition at the close of business December 31, 1957, of
FARMERS AND MERCHANTS BANK Washington, Ga.
As called for by the Superintendent of Banks
H. G. GARRARD, President.
Date of Charter: 8-10-1949
ROBERT M. DRINKARD, Cashier.
Began Business: 3-14-1950
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io}l~ of States and political subdiVISions . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ................. 0. 0 .... . 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 ... 0 Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
270,963.35 564,600.21
20,761.97 81,671.67
None 399,711.82
3,524.73 None
None None 814.00
Total Assets ..................$ 1,342,047.75
LIABILITIES Demand deposits.................. $ Time deposils................... ,. Deposits of U.S. Government ..... .
D1iZT!!~n~f- ~~~~~s- ~~~- ~-ol~t~~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ........... 00 00 Bills payable.................... 00 Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................. ..
~!~~!::::: :::::::::::::::::::::
Undivided profits................ .. Reserves ........................ .
472,512.10 519,642069
6,958.53 221,584.95
10,167.17 793.50 None
None 2,555.86 65,000.00 13,000.00 23,332.95 6,500.00
Total Liabilities...............$ 1,342,047.75
148
DEPARTMENT OF BANKING
---'---"-------
STATEMENT Showing eondition at the elose of business Deeember 31, 1957, of
THE WASHINGTON LOAN & BANKING CO. Washington, Ga.
As ealled for by the Superintendent of Banks
F. W. THOMAS, President.
Date of Charter: 9-7-1891
HAL P. SHANK, Cashier.
Began Business: 5-1-1895
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed . . . . . . Obliga~io.ll!' of States and political subdiVISIODB. . . . . . . . . . . . . . . . . . . . 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 aceeptunces outstanding. . . . . . . . . . Other Assets... . . . . . . . . . . . . . . . . . .
1,239,881.84 3, 154, 842 . 11
316,852.72 None None
1, 312,367.33 32, 690. 00 None
None None None
Total Assets..................$ 6,056,634.00
LIABILITIES Demand deposits.................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D";H~t~n~~ ~~~~s. ~~~ ~-ol~t~~~ ~~~
Deposits of banks ................ . Other depos;ts (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................
~~f::!.::::::::::::::::::::::: ::
Undivided profits................. . Reserves .......................
2,592,424.90 1,305,862.83
f!t1,395.10
1,591,278. 71 80,098.98
5,930.94 None
None None 100,000.00 150,000.00 143,642.54 None
Total Liabilities...............$ 6,056,634.00
STATEMENT Showing eondition at the close of business Deeember 31, 1957, of
COMMERCIAL BANK Wayeross, Ga.
As ealled for by the Superintendent of Banks
L. B. HARRELL, President.
Date of Charter: 10-15-1918
WM. H. RENTZ, Cashier.
Began Business: 10-30-1918
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~~n~ of States and political ~ SUbdiVISIOnS.................... Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real <'.&tate owned other than bank premises........................ Investments and other assets indirectly representing bank premises or other real estate.............. Customers' liability to this bank on acceptances outstanding... . . . . . . Other Assets... . . . . . . . . . . . . . . . . . . .
1,509,674.62 2, 965,915. 32
230,038.83 613,875.00
None 1,002, 786.51
38,634.03 None
None None None
Total Assets ..................$ 6,360,924.31
LIABILITIES Demand deposits..................$ Time depos1ts................... Deposits of U. S. Government ..... . DeJ?"'!its of States and political sub-
divtslons ...................... . Deposits of banks ............... .. Other deposits (certified and officers'
checks, etc.) ................... Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ........................ .. Surplus ......................... . Undivided profits................. . Reserves........................ .
3,824,677.21 975,831.68 225,431.42 627,242.63 51,000.00 47,181.84 None
None 57,123.34 100,000.00 100,000.00 129,887.27 222,548.92
Total Liabilities...............$ 6,360,924.31
THIRTY-EIGHTH ANNUAL REPORT
149
----------------~==~~~~~~~~==~==~~--------------
STATEMENT Showing condition at the close of business December 31, 1957, of
SOUTHERN BANK Waycross, Ga.
As called for by the Superintendent of Banks
RALPH HERRIN, President.
Date of Charter: 4-19-1956
N. P. MILLER, Cashier.
Began Business: 6-11-1956
ASSETS Cash. balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~io_n~ of States and political subdtvtstons . .................. . 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 Aasets..................... .
489,886.99 633,498.08
20,543.46 72,000.00
None 837,148.59 36,746.11
None
None None 2,744.49
Total Aasets ..................S 2, 092 ,567. 72
LIABILITIES Demand deposits..................$ Time deposts.................... . Deposits of U.S. Government . . . . . . DeP.o~i!s of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves........................ .
958,032.86 437,536.01
56,627.00 266,957.08
56,392.97 175.57 None
None 39,835.46 175,000.00 50,000.00 44,510.77
7,500.00
Total Liabilities...............S 2,092,567.72
STATEMENT
Showing condition at the close of business December 31, 1957, of
BANK OF WAYNESBORO Waynesboro, Ga.
As called for by the Superintendent of Banks
M. K. TUCKER, President.
Date of Charter: 12-16-1890
J. W. NICHOLS, Cashier.
Began Business: 1891
ASSETS Cash, balances with other banks, in-
cludinjl reserve balances, and cash items m process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~o_n~ of States and political subd1Vl81ons . . . . . . . . . . . . . . . . . . . . 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-
~~~~1.e~ef::J':L."::. ~~~- -~r~~-~
Customers' liability to this bank on acceptances outstanding.........
Other Aasets.....................
1,005,869.55 1,522,750.32
311,965.89 None
1,000.00 1,847,742.31
73,985.28 1.50
23,110.95 None 1.00
Total Assets................ .S 4,786,426.80
LIABILITIES Demand deposits................. $ Time deposlts................... Deposits of U.S. Government ..... .
D1i~!~~~~ ~~~- ~~- ~-~t~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ....................... Other liabilities.................
~:~t:!::::::::::::::::::::::::::
Undivided profits................ Reserves .......................
1, 760,175.44 1,641,923.07
77,403.59 820,870.69 148,288.58
55,713.04 None
None 11,575.88 100,000.00 130,000.00 40,476.51
None
Total Liabilities...............$ 4,786,426.80
_15:....:0'-------------=D-=E=P.:::..=A,RTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, 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 \\ith other banks, in-
cluding reserve balances, and cash
items in process of collection ...... S 127,283.38
United States Government obliga-
tions, direct and guaranteed ..... .
108,000.00
Obliga~io_n~ of States and political
SUbdJVISlODS , . ,
None
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
101,067.51
Bank premises owned, furniture and
fixtures........................ .
3,962.37
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 ..................S 340,313.26
LIABILITIES Demand deposits.................. S Time depos1ts.................... . Deposits of U. S. Government . . . . . .
D':lfvT!l~n~f. ~~~~~s. ~~. ~.o.l~t.i~~l. ~~~
Deposits of banks ................ . Othr.r deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... Surplus ......................... . Undivided profits................. . Reserves ........................ .
123,427.28 86,915.22
None
90,707.97 None
282.99 None
None None 30,000.00 6,000.00 2,979.80 None
Total Liabilities...............$ 340,313.26
STATEMENT Showing condition at the close of business December 31, 1957, 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
L. P. HIX, Cashier.
Began Business: 3-17-1951
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection...... S 974,147.27
United States Government obliga-
tions, direct and guaranteed ..... .
743,934.39
Obliga~io.n~ of States and political
subdJVISIODS , ............ ,
308,647.57
Other bonds, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans nod discounts (including over-
drafts) ........................ . 1,024,694.61
Bank premises owned, furniture and
fixtures ........................ .
11,693.69
Real estate owned other than bank
premises....................... .
None
Investments and other nssets indi-
rectly representing bank premises
or other real estate ............. .
4,177.04
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
9,750.95
Total Assets .................$ 3,077,045.52
LIABILITIES Demand deposits.................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D';RZ~!l~n~f. ~~~~~s. ~~. ~.o.l~t~~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities................. .. Capital. ......................... Surplus ......................... . Undivided profits................. Reserves ........................ .
1,868,878.24 604,603.03 92,365.11
307,789.63 None
16,491.67 None
None 48,405.72 75,000.00 25,000.00 38,512.12
None
Total Liabilities...............$ 3,077,045.52
THIRTY-EIGHTH ANNUAL REPORT
151
STATEMENT Showing condition at the close of business Deeember 31, 1957, of
THE PEOPLES BANK Winder, Ga.
As Called for by the Superintendent of Banks
C. 0. MADDOX, JR., 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 ..... . Obligst_io!'~ of States and political subdiv1stons ................... . 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..................... .
790,871.23 1,643,910.29
19,105.91 None None
945,704.53 41,500.00
1.00
None None None
Total Assets.................. S 3,441,092.96
LIABILITIES Demand deposits..................S Time depos1ts.................... . Deposits of U.S. Government..... .
D~ri!!~~~ ~~~~':". ~~~- ~-ol~t.i~~l- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
2,267,241.91 643,214.87 35,248.68 195,817.12 None 25,353.70 None
None 23,094.22 50,000.00 100,000.00 25,000.00 76,122.46
Total Liabilities..............S 3,441,092.96
STATEMENT Showing condition at the close of business Deeember 31, 1957, 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, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......S United States Government obligations, direct and guaranteed ..... . Obligs~io.n~ of States and political subdiVISions . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indi-
~~c!~);e~e~.::i:~~~~. ~~- -~r~~~~
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
378,236.02 446,265.63
None None None 370,930.59 7,100.00 None
None None None
Total Assets..................S 1,202,532.24
LIABILITIES Demand deposits.................. S Time depos1ts .................... .
Deposits of U.S. Government ..... .
D~ri!!~~~ ~~~~- ~~~- ~-ol~t~~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... .
Undivided profits................. . Reserves........................ .
428,944.61 405,370.52
2,055.00 253,461.81
None
1,049.15 None
None 9,709.00 50,000.00 50,000.00 1,942.15
None
Total Liabilities...............S 1,202,532.24
152
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, 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...... S 547,367.64
United States Government obliga-
tions, direct and guaranteed ..... . 458,519.02
Obliga~io_n~ of States and political
subdtvtstons . .................. .
None
Other honda, notes, and debentures..
None
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
516,343.54
Bank premises owned, furniture and
fixtures........................ .
1,000.00
Real estate owned other than bank
premises....................... .
None
Investments and other assats indi-
rectly representing bank premises
or other real estate .............
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
Ncne
Total Assets ................ .S 1,523,230.20
LIABILITIES Demand deposits..................S Time deposits................... .. Deposits of U.S. Government ..... .
D";H~~!!~n~f. ~~~~~s. ~~~- ~.l:t~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .
745,239.25 453,694.14
10,798.76 127,184.64
None 2,747.41
None
None 2,500.00 50,000.00 50,000.00 71,066.00 10,000.00
Total Liabilities............ S 1,523,230.20
STATEMENT Showing condition at the close of business December 31, 1957, 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...... S 82,651.41
United States Government obliga-
tions, direct and guaranteed ..... .
224,891.37
Obliga~iop~ of States and political
subdiVIsions ................... .
4,000.00
Other bonds, notes, and debentures..
55,000.00
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
64,007.95
Bank premises owned, furniture and
fixtures........................ .
255.00
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.. . . . . . . . . . . . . . . . . . . . .
148. 00
Total Assets ..................S 430,953.73
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D";H~!l~n~f. ~~~~~s. ~~ ~.o.l:t.i~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding .......................... .. Other liabilities.................. . Capital. ........................ .. Surplus ......................... . Undivided profits................. . Reserves ........................ .
292,806.14 11,066.64 9,443.19 63,222.21 None 365.35 None
None None 25,000.00 15,000.00 14,050.20 None
Total Liabilities..............S 430,953.73
THIRTY-EIGHTH ANNUAL REPORT._ _ _ _ _ ____:1:.::5..:.3
STATEMENT Showing condition at the close of business December 31, 1957, of
BANK OF WOODSTOCK Woodstock, Ga.
As ealled for by the Superintendent of Banks
J. E. JOHNSTON, President.
Date of Charter: 11-13-1905
S. L. JOHNSTON, Cashier.
Began Business: 11-13-1905
ASSETS
Cash, balances with other banks, in-
clu~ reserve balances. and cash
items m process of collection...... $ 160,951.26
United States Government obliga-
tions, direct and guaranteed ..... .
519,884.39
Obliga~io~ of States and political
SUbdiVISlOns . . . . . . . . . . . . . . . . . . . .
45,886.63
Other bonds, notes, and debentures..
29,953.13
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
223,366.49
Bank premises owned, furniture and
fixtures ........................ .
2.00
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premises
or other real estate. . . . . . . . . . . . . .
None
_ _ __ Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . .
None 1_0_;,_000.00
Total Assets ................. .1 990,043.90
LIABILITIES Demand deposita..................$ Time depos1ta.................... . Deposita of U.S. Government ..... . DeJ!"'!i!a of States and political aub-
diV18tons .....................
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... Surplus ......................... . Undivided profits................. . Reserves .......................
444,850.05 165,462.58 48,544.17 234,515.64
None
290.58 None
None 6,850.24 25,000.00 55,000.00 9,530.64
None
Total Liabilities.. $ 990,043.90
STATEMENT Showing condition at the elose of business December 31, 1957, of
BANK OF WRIGHTSVILLE Wrightsville, Ga.
As ealled for by the Superintendent of Banks
W. H. LOVETT, President.
Date of Charter: 2-16-1897
J. B. FULGHUM, Cashier.
Began Business: 2-16-1897
ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed...... Obliga~io.n~ of States and political subdtVlSlons.................... Other bonds, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises........................ Investments and other assets indirectly representing bank premises or other real estate . . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets......................
468,223. 89 944,497.00 41,353.26
None None 1,177,917.98 5,851.00 None
None None None
Total Assets ................. .1 2, 637, 843 . 13
LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeJ!"'!i!s of States and political sub-
divisions ...................... . Deposita of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... Surplus ......................... . Undivided profits................. . Reserves ........................ .
1,458,008.66 582,186.40 22,482.58 266,251.05 49,516.45 12,589.77 None
None None 50,000.00 100,000.00 66,808.22 30,000.00
Total Liabilities.............. .1 2,637,843.13
.54
DEPARTMENT OF BANKING
STATEMENT Showing condition at the close of business December 31, 1957, of
EXCHANGE BANK OF WRIGHTSVILLE Wrightsville, Ga.
As ealled for by the Superintendent of Banks
W. R. JACKSON, President.
Date of Charter: 12-20-1909
G. T. BRANTLEY, Cashier.
Began Business: 12-20-1909
ASSETS Cash, balances with other banks, in-
cluding reserve balanres, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io~~ of States and political
SUbdJVISIODS , , , ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . 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 Ass~ts ..................... .
153,591.57 407,760.78
None None None 712,591.44 15,304.18 None
None None None
Total Assets ..................$ 1,289,247.97
LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~1!~~n~~ ~~~~~s. ~~~ ~o.l~t.i~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .
678,824.07 69,702.29 3,849.44
252,610.66 90,016.82
2,410.96 None
None 90.00 35,000.00 100,000.00 36,743.73 20,000.00
Total Liabilities............... $ 1,289,247.97
STATEMENT Showing condition at the close of business December 31, 1957, of
THE BANK OF ZEBULON Zebulon, Ga.
As ealled for by the Superintendent of Banks
C. R. GWYN, SR., President.
Date of Charter: 3-18-1905
J. H. BAKER, Cashier.
Began Business: 1-31-1905
ASSETS
Cash, balances with other banks, in-
cluding reserve balances, and cash
items in process of collection ...... $ 235,716.76
United States Government obliga-
tions, direct and g>>aranteed ..... .
470,889.33
Obligat_io,n~ of States and political
SUbdJVlSIODS
79,868.75
Other bonds, notes, and debentures..
65,265.35
Corporate stocks (including stock of
Federal Reserve Bank) .......... .
None
Loans and discounts (including over-
drafts) ........................ .
348,893.63
Bank premises owned, furniture and
fixtures........................ .
5,908.10
Real estate owned other than bank
premises....................... .
None
Investments and other assets indi-
rectly representing bank premise
or other real estate ............. .
None
Customers' liability to this bank on
acceptances outstanding......... .
None
- - - - - Other Assets..................... .
406.27
Total Assets ................. $ 1,206,948.19
LIABILITIES Demand deposits.................. $ Time deposits .................... . Deposits of U.S. Government ..... .
Ddi~i!!~0~f. ~~~~~s. ~~~. ~.o.l~t~~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:;f~!.::: ::::::::: ::::::: ::::::
Undivided profits .... 00 00 ..... . Reserves ........................ .
571,599.16 331,331.18
16,702.80 118,787.74
None 2,521.21
None
None 5,021.89 25,000.00 50,000.00 75,984.21 10,000.00
Total Liabilities.............$ 1,206,948.19