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~riaunts (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 ..... . DIus . . . . . . . . . . . . . . . . . . . . . . . . . . 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 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 ......................... . UndividPons ................... . 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;!.;~riitiict 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 >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