Forty-first annual report [1960]

Forty -first Annual Report
SUPERINTENDENT of BANKS
of GEORGIA

1960

W. D. TRIPPE Superintendent

Forty -first Annual Report
SUPERINTEN:UENT of BANKS
of GEORGIA

1960

W. D. TRIPPE Superintendent

STATE OF GEORGIA
Department of Banking
CREATED BY ACT APPROVED AUGUST 16, 1919
Forty- First Annual Report
YEAR ENDING DECEMBER 31, 1960
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.
W. D. TRIPPE, Superintendent of Banks

DEPARTMENT OF BANKING STATE OF GEORGIA ATLANTA

To His Excellency, Honorable Ernest Vandiver, Governor of Georgia, Atlanta, Georgia.

December 31, 1960

In compliance with the provisions of Article 2, Sections 15 and 16 of the State Banking Law, I have the honor of submitting to you the Forty-first Annual Report of the Department of Banking for the year ending December 31, 1960.
Respectfully,

W. D. Trippe Superintendent of Banks

IV

DEPARTMENT OF BANKING

Ezhibit "A"

OFFICIAL ROSTER
DECEMBER 31, 1960

Annual
Salary
W. D. Trippe, Superintendent of Banks..--------------------------------------------$12,420.00 W. M. Jackson, Assistant Superintendent of Banks_____________________ ---- 10,500.00

SENIOR BANK EXAMINERS
Aycock, M. T., Decatur, Ga.----------------------------------------------------------$ 7,020.00 Brooks, B. T., Decatur, Ga..................................................................... 7,020.00 Brown, J. B., Vidalia, Ga......................................................................... 7,020.00 Callier, Robert H., Jr., Dublin, Ga....................................................... 7,020.00 Carey, Thomas H., Mableton, Ga........................................................... 7,020.00 Goodloe, H. W., Jr., Decatur, Ga........................................................... 7,020.00 Jones, Frank J., Chula, Ga..................................................................... 6,060.00 Martin, Edwin G., Decatur, Ga............................................................. 6,060.00 McGregor, Lamar L., Statesboro, Ga................................................... 7,020.00 Paxton, Walter A., Albany, Ga............................................................. '1,020.00

ASSISTANT BANK EXAMINERS

Bloemer, Donald J., Doraville, Ga.........................................................$ 4,800.00 Bolden, Charles E., Decatur, Ga........................................................... 5,376.00 Bridges, Ray F., Atlanta, Ga................................................................. 4,800.00

Brown, Harold S., Vidalia, Ga.....------------------------------------------------------ Cummings, William G., Atlanta, Ga.....................................................
Dowdy, Buford G., Poulan, Ga...............................................................
Johnson, James A., Dublin, Ga...............................................................

5,172.00 4,800.00
4,800.00
4,800.00

Miller, Wallace E., Dublin, Ga---------------------------------------- 4,800.00 Pierce, D. Neil, Albany, Ga..................................................................... 4,800.00

Reeves, B. Kyle, Jr., Atlanta, Ga. -------------------------------------------------------- 4,800.00

CREDIT UNION EXAMINERS Grovensteen, George W., Atlanta, Ga...................................................$ 5,820.00 Gunn, Robert H., Atlanta, Ga.......-------------------------------------------------- 5,376.00

OFFICE ASSISTANTS
Cunningham, Lucy T., Senior Clerk......................................................$ 3,684.00 Ethridge, LaVerne Jean, Senior Clerk.................................................. 3,684.00 Gupton, Cynthia C., Intermediate Typist....------------------------------- 2,628.00 Jones, Evelyn W., Accountant................................................................ 4,980.00
Moody, Kathleen, Intermediate Typist.....------------------------------------------- 2,736.00 Steele, Nancy, Intermediate Typist...................................................... 2,736.00 Wyrick, Annette S., Confidential Secretary........................................ 4,800.00
Arnold, L., Porter....-------------------------------------------------------------------------------- 1,908.00

FORTY-FIRST ANNUAL REPORT

v
Ezhibit "B"

DEPARTMENT OF BANKING, STATE OF GEORGIA
RECEIPTS AND DISBURSEMENTS 1960

RECEIPTS 'Balance January 1, 1960...............................................................$ 3,726.03 Received from Appropriation................................................ 234,444.17 Miscellaneous Income..................................................................... 346.87
$238,517.07

DISBURSEMENTS Superintendent's Salary...............................................................$ 11,112.00 Assistant Superintendent's Salary.................................... 9,876.00 Examiners' Salaries ........................................................................ 104,425.64 Office Assistants' Salaries......................................................... 23,392.53 Travel Expenses.................................................................................... 48,408.35 Supplies and Material..................................................................... 1,574.95 Communication .................................................................................... 3,370.09 Printing and Publicity.................................................................. 5,593.92 Repairs ......................................................................................................... 351.50 Insurance and Bonding.................................................................. 691.90 . Pensions ...................................................................................................... 12,520.40 Equipment ................................................................................................ 2,455.27 Indemnities ............................................................................................. 599.75 Miscellaneous .......................................................................................... 208.45

$224,580.75

Balance December 31, 1960..........................................

$ 13,936.32

VI

DEPARTMENT OF BANKING

Exhibit "C"

CHARTERS APPROVED

NAME OF BANK

LoCATION

Peachtree Bank and Trust Company............... Chamblee...................................
Carnesville State Bank................-................................ Carnesville.............................. Georgia Bank and Trust Company..........._........ Macon...........................................

APPROVED
3- 1-60 5-17-60 6- 9-60
Exhibit "D"

CHARTERS DISAPPROVED

NAME OF BANK

LoCATION

Bank of Fort Oglethorpe................................................ Fort Oglethorpe................ Bank of Hartwell .................................................................. Hartwell....................................

APPROVED
9-14-60 10-14-60
Exhibit "E"

RENEWAL OF CHARTERS APPROVED

NAME OF BANK

LOCATION

The Rockmart Bank............................................................ Rockmart...........-.....................
Cornelia Bank - Cornelia...................................... Metter Banking Company............................................. Metter.......................................... The Citizens Bank of Swainsboro........................ Swainsboro.............................. The Crawford County Bank....................................... Roberta._..........-....................... The Mt. Vernon Bank................................-.................... Mount Vernon...................... Bank of Oglethorpe............................................................ Oglethorpe...............................

APPROVED
5-20-60 6- 1-60 6-17-60 7-25-60 9-28-60 10-27-60 12-14-60
Exhibit "F''

PERMITS TO BEGIN BUSINESS

NAME OF BANK

LOCATION

BEGAN BUSINESS

Oconee State Bank............................................................... Watkinsville.......................... The Citizens Bank of Douglasville........................ Douglasville.................-........ Peachtree Bank and Trust Company.................. Chamblee....._............................ Georgia Bank & Trust Company........................... Macon........................................... Carnesville State Bank................................................... Carnesville..............................

2-1-60
5-9-60 5-6-60 7-1-60 8-1-60

Exhibit "G"

SURRENDER OF CHARTER APPROVED

:~::y:: ~~-:.: Alban~::~~-~:.: ..ll---3-:-:-~-60 The Bank of

..

..................................... 1

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

_ __

Exhibit "H"

MERGERS APPROVED

NAME OF BANK

LOCATION DATE OF MERGER

MERGED WITH

City Bank & Trust Co....... Macon.....-....................... State Bank & Trust Co. Brunswick...................

9-23-60 10-28-60

The Citizens & Southern Nat'l Bank, Savannah American Nat'l Bank, Brunswick

FORTY-FIRST ANNUAL REPORT

VII Exhibit "I"

APPLICATIONS TO INCREASE CAPITAL STOCK APPROVED

NAME OF BANK

LOCATION APPROVED

The Bank of Soperton................................. Soperton............. 1-13-60 Bank of Gibson...................................................... Gibson.................. 1- 1-60 Roswell Bank ......................................................... Roswell................ 1-19-60 The Glennville Bank....................................... Glennville.......... 1-19-60 The 'Bank of Zebulon.................................... Zebulon................ 1-19-60 Moultrie Banking Company..................... Moultrie.............. 1-25-60 The Farmers Bank .......................................... Monroe................. 1-26-60 The Darien Bank................................................ Darien.................. 2- 2-60 The Bank of Alapaha.................................... Alapaha.............. 2- 4-60 Blackshear Bank................................................ Blackshear....... 2-11-60 First State Bank of Albany..................... Albany................. 2-11-60 Bulloch County Bank.................................... Statesboro........ 2-11-60 Fannin County Bank....................................... Blue Ridge....... 2-29-60 Bank of Columbia County........................ Harlem................ 2-29-60 Bank of Millen...................................................... Millen.................... 3-23-60 Pelham Banking Company........................ Pelham................ 4- 5-60 Fairburn Banking Company.................. Fairburn............ 4-12-60
The Peoples Bank of Lyons..................... Lyons.................... 4-14-60
Washington Loan & Banking Co....... Washington.... 4-18-60
Farmers and Merchants Bank............... Pine Mountain........ 5- 2-60
Bank of Canton................................................... Canton................. 5- 2-60 The Citizens Bank............................................. Greensboro....... 5- 2-60 The Brand Banking Company............... Lawrenceville 5- 3-60 The United Banking Company............ Nashville........... 5-16-60 Albany Trust & Banking Co................... Albany................. 5-24-60 Cornelia Bank........................................................ Cornelia.............. 6- 1-60 Citizens Bank........................................................ Shady Dale...... 6-23-60 Buford Commercial Bank........................... Buford................. 7- 5-60 Georgia Railroad Bank & Trust Co. Augusta.............. 8- 5-60 The Bank of Ellijay...................................... Ellijay................. 8-23-60
Bank of Fort Valley....................................... Ft. Valley.......... 8-23-60 Bank of Oglethorpe ....................................... Oglethorpe....... 9- 2-60 The Bank of Georgia....................................... Atlanta................ 9-12-60 Bank of Waynesboro....................................... Waynesboro.... 9-13-60 Bank of Clayton................................................... Clayton............... 10- 7-60 The Bank of Edison....................................... Edison.................. 10-18-60
The Mt. Vernon Bank.................................... Mt. Vernon...... 10-28-60 The Farmers Bank of Tifton............... Tifton................... 10-31-60 Bank of Danielsville....................................... Danielsville..... 11- 7-60 The Citizens Bank............................................. Nashville........... 11- 8-60 Citizens Trust Company.............................. Atlanta............... 11-10-60 Adel Banking Company.............................. Adel........................ 11-14-60 Merchants & Farmers Bk. of Comer Comer................... 11-15-60 Cairo Banking Company.............................. Cairo...................... 11-17-60 Bank of Jonesboro............................................ Jonesboro.......... 11-18-60 The Crawford County Bank.............. ..... Roberta............... 11-29-60
Social Circle Bank............................................ Social Circle.. 12- 9-60 The Peoples Bank............................................. Carrollton......... 12-29-60

AMOUNT OF INCREASE
$ 50,000 to $ 100,000 15,000 to 25,000
100,000 to 150,000 60,000 to 75,000 25,000 to 50,000
200,000 to 300,000 100,000 to 250,000 25,000 to 50,000
60,000 to 100,000 50,000 to 100,000 300,000 to 350,000 100,000 to 200,000 50,000 to 100,000 25,000 to 50,000 50,000 to 100,000 50,000 to 100,000 25,000 to 75,000 25,000 to 100,000 125,000 to 145,000

50,000 to 100,000 to
62,500 to 50,000 to 50,000 to 100,000 to 75,000 to
20,000 to 50,000 to 1,750,000 to 50,000 to 100,000 to 30,000 to 1,000,000 to 100,000 to 50,000 to 50,000 to 30,000 to 130,000 to
25,000 to 50,000 to 300,000 to 50,000 to 25,000 to 100,000 to 75,000 to 25,000 to
25,000 to 100,000 to

100,000 200,000
75,000 100,000 100,000 200,000 100,000 100,100 100,000 2,250,000 100,000 200,000 60,000 1,300,000 150,000 100,000 80,000 75,000 160,000 35,000 100,000 375,000 100,000
50,000 150,000 100,000
50,000 50,000 125,000

VIII

DEPARTMENT OF BANKING

Exhibit "J"

APPLICATIONS TO REDUCE PAR VALUE OF CAPITAL STOCK APPROVED

NAME OF BANK

LoCATION POAFRSVTAOLCUKE REDUCED TO APPROVED

The Farmers Bank............................................... Monroe...............
The Bank of Alapaha......................- Alapaha............ First State Bank of Albany........................ Albany................ Pelham Banking Company........................... Pelham...............
Fairburn Banking Company..................... Fairburn..........
The United Banking Company.................. Nashville.......... Albany Trust & Banking Company...... Albany................ Ashburn Bank........................................................... Ashburn............
Citizens Bank of Shady Dale.................... Shady Dale... Bank of Fort Valley............................................. Fort Valley... The Mt. Vernon Bank....................................... Mt. Vernon.... Bank of Danielsville............................................ Danielsville....
Social Circle Bank................................................ Social Circle. The Peoples Bank................................................... Carrollton.......

100.00 100.00 100.00 100.00
100.00 100.00 100.00 100.00
100.00 100.00 100.00 100.00 100.00 100.00

25.00 10.00 10.00 10.00 10.00 10.00 10.00 10.00 19.25 20.00 10.00
20.00 10.00 25.00

1-26-60 2- 4-60 2-11-60 4- 5-60 4-12-60 5-16-60 5-24-60 6- 1-60
6-23-60 8-23-60 10-28-60 11- 7-60 12- 9-60 12-29-60

Exhibit "K'

MISCELLANEOUS APPLICATIONS TO AMEND CHARTERS APPROVED

NAME OF BANK

LOCATION NATURE OF AMENDMENT APPROVED

The Baxley State Bank................................... Baxley................. Change N arne to Baxley State Bank
Citizens Bank of Shady Dale.................... Shady Dale.... Change location to Alpharetta
Citizens Bank of Shady Dale..................... Shady Dale.... Change N arne to Citizens Bank of
Alpharetta The Mt. Vernon Bank...................................... Mt. Vernon.... Change N arne to
Mount Vernon Bank

4- 5-60 6-23-60
6-23-60 10-28-60

FORTY-FIRST ANNUAL REPORT

IX Exhibit "L"

BRANCH BANKS AS OF DECEMBER 31, 1960

NAME OF BRANCH

NAME OF PARENT

LoCATION

The Bank of Georgia,

Buckhead Office ....................................... The Bank of Georgia.......................... Atlanta

The Bank of Georgia,

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

The Bank of Georgia, West End

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

The Bank of Georgia,

Pershing Point Office.......................... The Bank of Georgia...--- Atlanta

The Citizens & Southern Bank

of Atlanta,

The Citizens & Southern

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

The Citizens & Southern Bank

of Atlanta,

The Citizens & Southern

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

The Citizens & Southern Bank

of Atlanta,

The Citizens & Southern

Campbellton Plaza Office .............. Bank of Atlanta.....-............................ Atlanta

The Citizens & Southern Bank

of Atlanta,

The Citizens & Southern

Buckhead Office......................................... Bank of Atlanta.................................. Atlanta

The Citizens & Southern Bank

of Atlanta,

The Citizens & Southern

Peachtree-Lenox Office .................... Bank of Atlanta................................... Atlanta

The Citizens & Southern Bank

of Atlanta,

The Citizens & Southern

Peachtree-Baker Office .................... Bank of Atlanta................................... Atlanta

The Citizens & Southern Bank

of Atlanta,

The Citizens & Southern

Broadview Plaza Office.................... Bank of Atlanta................................... Atlanta

The Citizens Trust Company,

965 Hunter St., N.W........................... The Citizens Trust Company..... Atlanta

South Side Atlanta Bank,

Drive-in Branch,

1747 Lakewood Ave., S.W............ South Side Atlanta Bank............. Atlanta

Trust Company of Georgia,

Lenox Square Office............................. Trust Company of Georgia........... Atlanta

Trust Company of Georgia,

Stewart Avenue and Glenn

Street Branch ............................................ Trust Company of Georgia........... Atlanta

Trust Company of Georgia,

Buckhead Office --- Trust Company of Georgia............ Atlanta Trust Company of Georgia,

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

Trust Company of Georgia,

514 Flat Shoals Avenue.................... Trust Company of Georgia........... Atlanta

Georgia Railroad Bank & Trust

Company,

Georgia Railroad Bank &

Walton Way Branch............................. Trust Company....................................... Augusta

Georgia Railroad Bank & Trust

Company,

Georgia Railroad Bank &

1111 Broad Street ................................. Trust Company.............................--- Augusta

Georgia Railroad Bank & Trust

Company,

Gwinnett Street Branch,

Georgia Railroad Bank &

Gwinnett & Eleventh St................... Trust Company...............--- Augusta

Georgia Railroad Bank &

Trust Company,

Georgia Railroad Bank &

Daniel Village Branch........................ Trust Company...........-......................... Augusta

BEGAN BUSINESS
1- 5-59 11-15-49 11- 7-50 12-29-55
7-19-49
1-12-50
9-30-57
10- 1-57
7-20-59
12-21-59
12-21-59 8- 1-55
4-18-55 7-15-59
6-20-58 10-24-58 10-11-49 5- 1-56
4-16-58
1- 2-25
12-15-53 2- 1-56

X

DEPARTMENT OF BANKING

Exhibit "L"-Cont'd

BRANCH BANKS AS OF DECEMBER 31, 1960

NAME OF BRANCH

NAME OF PARENT

LOCATION

Columbus Bank & Trust Co.......... South Columbus Branch ................. Columbus Bank & Trust Co......... Columbus Columbus Bank & Trust Co. North Highlands .................................... Columbus Bank & Trust Co......... Columbus Columbus Bank & Trust Co., lOth Street.................................................... Columbus Bank & Trust Co......... Columbus Columbus Bank & Trust Co., 13th Avenue & Warren Williams Road............................................ Columbus Bank & Trust Co......... Columbus
Cornelia Bank, Demorest, Ga............................................. Cornelia Bank ......................................... Cornelia Citizens Bank, Nahunta, Ga................................................ Citizens Bank ............................................ Folkston Savannah Bank & Trust Co., Waters Avenue Branch, Medical Arts Shopping Center.. Savannah Bank & Trust Co......... Savannah Savannah Bank & Trust Co.,
Midtown Branch, 1120 Bull St................................................ Savannah Bank & Trust Co......... Savannah Savannah Bank & Trust Co., West Broad Street Branch, 320 West Broad Street....................... Savannah Bank & Trust Co......... Savannah Savannah Bank & Trust Co., Skidway Road and Victory Drive ............................................ Savannah Bank & Trust Co......... Savannah Savannah Bank & Trust Co., Traffic Circle Branch,
U.S. Highway 17 Between Bay & Houlihan Sts........................ Savannah Bank & Trust Co.......... Savannah

BEGAN BUSINESS
7- 5-27 1-18-24 1-18-24
6-16-53 10-20-14
1- 2-25
8-24-59
3-21-49
7-15-50
11- 9-53
2-17-60

BANK OFFICES AS OF DECEMBER 31, 1960

NAME OF OFFICE

NAME OF PARENT

LOCATION

The Citizens & Southern Bank

of Albany,

The Citizens & Southern Bank

Slappey Drive Office .......................... of Albany..................................................... Albany

First State Bank,

Oglethorpe Avenue Office,

1001 Oglethorpe Avenue................. First State Bank................................... Albany

The Bank of Georgia,

Cascade Office,

2265 Cascade Road, S.W................ The Bank of Georgia.......................... Atlanta

The Bank of Georgia,

Northside Drive Office,

1349 Northside Drive........................ The Bank of Georgia.......................... Atlanta

BEGAN BUSINESS
7-11-60 9- 6-60 10- 7-60 12- 1-60

FORTY-FIRST ANNUAL REPORT

XI

Exhibit "L"--Cont'd

FACILITIES AS OF DECEMBER 31,1960

NAME OF FACILITY

NAME OF PARENT

LoCATION

The Citizens & Southern Bank

of Albany,

U. S. Marine Corps Supply The Citizens & Southern

Center Facility

Bank of Albany................................... Albany

First State Bank of Albany,

Turner Air Force Base

Facility

First State Bank of Albany........ Albany

The Citizens & Southern Bank

of Atlanta,

Drive-in Facility,

Cor. Pharr Rd. and Grandview The Citizens & Southern

Avenue .............................................................. Bank of Atlanta....- Atlanta

Georgia Railroad Bank and

Trust Company,

Georgia Railroad Bank and

Ft. Gordon Facility................................ Trust Company...................................... Augusta

Columbus Bank and Trust

Company,

Columbus Bank and Trust

Ft. Benning Facility

Company ..................................................... Columbus

Commercial Bank and Trust

Company,

Drive-in Facility,

Commercial Bank and Trust

118 S. Hill Street ................................... Company ...................,.................................. Griffin

The Peoples Bank,

Drive-in Facility,

Broad and Midland................................. The Peoples Bank ................................. Winder

BEGAN BUSINESS
7- 2-56 9-21-53
11-21-60 1-1942 2- 2-20
9- 1-60 4-15-60

Note: Pursuant to an Act of the 1960 Legislature, Code Section 13-203, no new or additional branch banks as defined in Section 13-201.1 shall be established. However, the Act made provision (Code Section 13-203.1) for the establishment of bank offices or facilities within the incorporated limits of the municipal corporation in which said
parent bank or prior established branch bank is situated. Therefore, you will note branch banks and facilities authorized by the Treasury Department at Government Installations listed, were those established prior to said Act and bank offices and other facilities are those established since the enactment of the 1960 Act.

XII

DEPARTMENT OF BANKING

Ezhibit "M"

DISPOSITION OF BANKS IN GEORGIA DURING 1960

Banks in Operation January 1, 1960.........................................................

Banks in Operation December 31, 1960...................................................

Banks Opening During Year: ........................................................... 5

Oconee State Bank, Watkinsville

Peachtree Bank and Trust Co., Chamblee

The Citizens Bank of Douglasville, Douglasville

Georgia Bank & Trust Co., Macon

Carnesville State Bank, Carnesville

Banks Merged During Year............................................................... 2

City Bank & Trust Co., Macon

State Bank & Trust Co., Brunswick

Branches Opening During Year..................................................... 1

Savannah Bank & Trust Co.,

Traffic Circle Branch, Savannah

Bank Offices Opening During Year...........................

4

The Citizens & Southern Bank of Albany,

Slappey Drive Office, Albany

First State Bank,

Oglethorpe Avenue Office, Albany

The Bank of Georgia,

Cascade Office, Atlanta

The Bank of Georgia,

Northside Drive Office, Atlanta

Facilities Openin~r During Year.............

....... 3

The Peoples Bank,

Drive-in Facility, Winder

Commercial Bank & Trust Co.,

Drive-in Facility, Griffin

The Citizens & Southern Bank of Atlanta

Drive-in Facility, Pharr Rd. & Grandview

Ave., Atlanta

Military Base Facilities included in the total of facilities

which have been in operation since dates indicated

herein ..................................................................................................................... 4

The Citizens & Southern Bank of Albany

U.S. Marine Corps Supply Center, Albany

First State Bank of Albany,

Turner Air Force Base Facility, Albany

Georl!ia Railroad Bank and Trust Company,

Ft. Gordon Facility, Augusta

Columbus Bank and Trust Company,

Ft. Benning Facility, Columbus

BANKS
310 313

BRANCHES, BANK OFFICES
AND F ACII.ITIES
32 44

FORTY-FIRST ANNUAL REPORT

XIII

Exhibit "N"

STATE BANK MEMBERS OF FEDERAL RESERVE SYSTEM

Bank of Adairsville.........................................................................................................................................................Adairsville The Bank of Georgia..............................................................................................................................................................Atlanta 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 Northeastern Banking Company..........------------------------------------------------------Commerce Granite City Bank........................................-----------------------------------------------------Elberton The State Bank.......................................------------------------------------------------Griffin Brand Banking Company........................-----------------------------------------------Lawrenceville Farmers Bank...............................................................................-----------------------------------------------Monroe Savannah Bank & Trust Company...........................---------------------------------- ......................Savannah

Exhibit "0"

STATE CHARTERED CREDIT UNIONS UNDER SUPERVISION OF DEPARTMENT OF BANKING
STATE OF GEORGIA ALBANY
Albany Federal Employees Credit Union, Broad at Jefferson St.
Carlton Credit Union, c/o Carlton Company, P. 0. Box 173
Colonial Dairies Employees Credit Union, 815 Oglethorpe Avenue
Gay Employees Credit Union, P. 0. Box 1371
Georgia Electric Credit Union, 1500 Gilionville Road Karagheusian Employees Credit Union, Gullistan Drive Keenan Employees Credit Union, 112 Front Street, North
ATHENS
Athens Division Credit Union, Georgia Power Co., Hancock and College C. C. E. A. Credit Union, 724 Cobb Street Dairy-Pak Athens Credit Union, P. 0. Box 726
ATLANTA
A. D. Co. Employees Credit Union, 777 Memorial Drive, S. E. AMCO Credit Union, Ivan Allen Co., 29 Pryor Street AMILSCO Credit Union, 451 Stephens, S. W. Apaco Credit Union, 955 W. Marietta Street, N. W. Armour Fertilizer Works Credit Union, 350 Hurt Building Arrow Credit Union, 2202 Murphy Avenue, S. W. Associated Credit Union, 1119 Healey Building Atlanta City Employees Credit Union, 702 City Hall Atlanta Co-operative Credit Union, Fulton Federal Building (719) Atlanta Greyhound Terminal Employees Credit Union, 81 Cain Street, N. W. Atlanta Joint Terminals Credit Union, 106 Carroll Street, S. E. Atlanta Postal Credit Union, 102-M Federal Annex Atlanta Railway Postal Clerks Credit Union, 528 Federal Annex Atlanta School Department Employees Credit Union, 750 Glenwood Ave., S. E. Atlanta Teachers Credit Union, 498 8th Street, N. E. Atlanta Terminal Employees Credit Union, Terminal Station Atlantic Steel Credit Union, P. 0. Box 1714 Ben Franklin Credit Union, 1400 West Peachtree Street Buehlers Markets Employees Credit Union, 814 Marietta Street, N. W.
-i

XIV

DEPARTMENT OF BANKING

Exhibit "0"-Cont'd

ATLANTA
B1,1ilding Authority Employees Credit Union, 244 Washington Street, S. W. Calvert Iron Works Credit Union, 1195 Victory Drive, S. W. Central Parking, Inc. Credit Union, 37 Forsyth Street, S. W. Circle "W" Credit Union, 1299 Northside Drive Cullom & Ghertner Company Credit Union, 700 Lake Avenue, N. E. Delta Employees Credit Union, Municipal Airport Dixie "66" Credit Union, 1430 West Peachtree Street, N. W. DuPont Atlanta Employees Credit Union, 1737 Ellsworth Industrial Drive, N. W. Employees Credit Union Swift & Co. of Atlanta, 760 Clifton Way, N. E. Employees Group Credit Union, 1001 Grant Building Employment Service Credit Union, 61 Trinity Avenue, S. W. Essell Credit Union, 1197 Peachtree Street Family Fund Employees Credit Union, 1515 Spring Street, N. W. F. D. & L. Employees Credit Union, 764 Miami Circle, N. E. Federal Employees Credit Union, 83 Walton Street Fulton Teachers Credit Union, 500 County Administration Building Gaylord Employees Credit Union, 1470 Blashfield Avenue, S. E. General Shoe Credit Association Credit Union, 2151 Caroline Street Genuine Parts Credit Union, 299 Piedmont Avenue, N. E. Georgia E.S.A. Credit Union, State Office Building Georgia Health Department Credit Union, 319 State Office Building Georgia League Credit Union, Forsyth Street Building Georgia Standard Oil Employees Credit Union, Fulton National Bank Building The Georgia State Department of Education Credit Union, State Office Building Georgia State Highway Department Employees Credit Union, 2 Capitol Square Georgia Telco Credit Union, 440 Hurt Building
Georgia WP General Office Credit Union, 4 Hunter Street, S. E. Gesco Credit Union, 172 Haynes, S. W. Grinnell Corporation Employees Credit Union, 240 N. Highland Avenue, N. E. Hospital Authority Employees Credit Union, 80 Butler, S. E. Hotpoint Credit Union, 710 Murphy Avenue, S. W. John Rogers Employees Credit Union, 1060 Huff Road, N. W. Journal-Constitution Employees Credit Union, 10 Forsyth Street, N. W. Law Engineering's Testing Co. Employees Credit Union, 1H6 Forrest Ave., N. E. Marion Manufacturing Credit Union, 875 Kirkwood Avenue, S. E. MEMCO Credit Union, 1190 Astor Avenue, S. W. Merchants Mutual Credit Corporation Credit Union, 1329 First Nat'l Bank Bldg. Metro Credit Union, 198 Luckie Street Miss Georgia Credit Association Credit Union, 645 Whitehall Street, S. W. Montag Employees Credit Association Credit Union, 245 N. Highland Avenue, N. E. Mr. Friendly Credit Union, 1105 West Peachtree, N. W. Mutual Savings Credit Union, 243 Peachtree Street Orange Disc Credit Union, 1375 Peachtree Street, Room 180 Presbyterian Center Credit Union, 341-A Ponce de Leon Avenue, N. E. R. E. A. Employees Credit Union, 325 Mitchell Street, S. W. Regenstein Employees Credit Union, 209 Peachtree Street Rich's Employees Credit Union, c/o Rich's, Inc. Ruralist Credit Union, 713 Glenn Street, S. W. Russell Company Employees Credit Union, 117 Central Avenue, S. W. Sealtest Atlanta Credit Union, 593 Glen Iris Drive, N. E. SECO Credit Union, 441 Memorial Drive, S. E. Sexton Atlanta Employees Credit Union, 715 W. Whitehall Street, S. W. Sho Do Co Savings Plan Credit Union, 1301 Chattahoochee Avenue, N. W. S.M.C.R.C. Credit Union, 1307 Peachtree Street, N. E. S. 0. S. Credit Union, 214 State Capitol Southeastern Region, ILGWU Credit Union;1065 Gordon Street, S. W. Southern Freight Bureau Employees Credit Union, 101 Marietta Building State Revenue Department Credit Union, State Office Building Stein Printing Company Employees Credit Union, 2161 Monroe Drive, N. E. Thompson B?land and Lee Employees Credit Union, 201 Peachtree Street, N. E.

FORTY-FIRST ANNUAL REPORT

XV

Exhibit "0"--Cont'd

ATLANTA
The Thrift Credit Union, 125 Spring Street, S. W. United American Credit Union, 494 Spring Street, N. W. Zac-Lac Employees Credit Union, 350 Simpson Street, N. W.

AUGUSTA
Augusta Fire Department Credit Union, Central Avenue and Troupe Street Georgia R.R. Employees Credit Union, 615 8th Street King Mill Savings & Credit Association Credit Union, c/o King Mill R C E A Credit Union, 1399 Walton Way Richmond County Health Department Employees Credit Union, 501 Greene Street

BRUNSWICK Glynn County Federal Employees Credit Union, Federal Building

CEDARTOWN Cedartown Textiles, Inc. Employees Credit Union

CHAMBLEE Lay Employees Savings & Loan Credit Union, 4520 Peachtree Industrial Blvd.

COLLEGE PARK T. C. Employees Credit Union, 900 Roosevelt Highway

COLUMBUS
Columbus Coca-Cola Employees Credit Union, 305 17th Street Columbus Health & Hospital Credit Union, P. 0. Box 229 Columbus Postal Employees Credit Union, P. 0. Baker Village Gas Light Employees Credit Union, 107 Thirteenth Street Seaboard Columbus Employees Credit Union, Front Avenue and lOth Street WeeReBeL Credit Union, 1350 13th Avenue

CORDELE Harris Foundry & Machine Employees Credit Union, c/o Harris Fdy. & Mach. Co.

DALTON
N.G.E.M.C. Credit Union, 301 Selvidge Street W. E. Strain Employees Credit Union, P. 0. Box 185 Whitfield County Postal Employees Credit Union, Post Office

DECATUR
Decatur Postal Employees Credit Union, P. 0. Box 903 Decatur Teachers Credit Union, 320 N. McDonough D. R. H. D. Credit Union, 126 Trinity Place, W. Kraft Employees of Atlanta Credit Union, 1205 DeKalb Industrial Way The Woodco Credit Union, 647 East College Avenue

DRY BRANCH Georgia Kaolin Employees Credit Union

DUBLIN Dublin Federal Employees Credit Union, Federal Building

EASTMAN Stuckey's Employees Association Credit Union

EAST POINT
Associated Grocers Credit Union, 1286 Milledge Street Borden's Atlanta Credit Union, 1050 Oakleigh Drive Colonial Stores Employees Credit Union, 2251 Sylvan Road East Point Municipal Employees Credit Union, City Hall I. P. Co. Employees Credit Union, 2323 N. Sylvan Road Tri-City Postal Credit Union, Post Office

XVI

DEPARTMENT OF BANKING

Exhibit "0"--Cont'd

FORT McPHERSON Fort McPherson Credit Union
JACKSON CGEMC Employees Credit Union
JONESBORO C. C. B. E. Employees Credit Union, County School Supt's Office
MACON City Employees Credit Union, City Hall Davison's of Macon Credit Union, 433 Cherry Street D. D. D. Credit Union, 4570 Pio Nono Avenue Federal Employees Credit Union, Post Office Georgia Kraft Employees Credit Union, Mead Road Macon Firemen's Credit Union, Fire Department Headquarters Macon Police Credit Union, City Hall Macon Waterworks Credit Union, City Hall The Proctor & Gamble Macon Employees Credit Union, 1265 6th Stleet Trice Oil Employees Credit Union, 1167 6th Street
MARIETTA Home Employees Credit Union, 334 South Four Lane
MILLEDGEVILLE Baldwin County Hospital Employees Credit Union Milledgeville State Hospital, c/o State Hospital
MOULTRIE Employees Credit Union Swift & Co., Moultrie, c/o Swift & Company
PLAINS Sumter County Teachers Credit Union
ROME Floyd County Postal Employees Credit Union, Post Office Rome Kraft Employees Credit Union, c/o Rome Kraft Company Wiseman Employees Credit Union, !l23 Shorter Avenue
SAVANNAH Blue Flame Credit Union, 114 Barnard Street Central Employees Credit Union, 227 W. Broad Street The G. P. A. Credit Union, c/o Georgia Ports Authority Health Employees Chatham County Credit Union, 23 East Charlton Street Merchants Credit Union, P. 0. Box 1717 Savannah & Atlanta Ry. Employees Cedit Union, P. 0. Box 1491 Savannah Electric and Power Employees-Credit Union, 27 W. Ray Street Savannah Federal C1edit Union, 200 E. St. Julian St1eet Savannah Postal Credit Union, P. 0. Box 2002 Savannah Transit Credit Union, 900 E. Gwinnett Street Seaboard Employees Credit Union of Savannah, Inc., 104 Union Station Workmen's Circle Credit Union, 238 W. Broad Street
SAVANNAH BEACH Tybee Island Credit Union, 16th Street
TOCCOA TMPICO Employees Credit Union, East Currahee Street
VALDOSTA Valdosta Onized Credit Union

FORTY-FIRST ANNUAL REPORT

XVII

Exhibit "P"

ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS IN GEORGIA AS OF DECEMBER 31, 1960
(With Comparative Statement as of December 31, 1959)

ASSETS

Dec. 31,1960
313 Banks 44 Branches*

Dec..'11, 1959
310 Banks 32 Branches

Increase+ Decrease-

Cash, balances with other banks,

cash items in process of collec-

tion ........................................................................... $ 318,609,717.70 $ 296,830,770.36 $ 21,778,947.34+

U. S. Government Obligations di-

rect and guaranteed ................................. 405,455,863.27 417,503,573.97 12,047,710.70-

Obligations of States and political

subdivisions .................................................... 80,614,221.27 75,255,356.18 5,358,865.09+

Other Bonds, notes and debentures... 29,037.734.21 29,515,847.03

478,112.82-

Corporate stocks, including stock of

Federal Reserve Bank ...........................

1,679,203.07

1,478,129.33

201,073.74+

Loans and Discounts, including

overdrafts ............................................................ 645,897,907.73 599,483,630.52 46,414,277.21+

Bank premises owned and furniture

and fixtures ...................................................... 19,681,421.06 19,149,299.75

532,121.31 +

Real Estate owned other than bank

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

1,121,044.34

772,112.87

348,931.47+

Investments and other assets in-

directly representing bank prem-

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

923,340.65

615,159.03

308,181.62+

Customers' liability on acceptances

outstanding ..... ................ ..........................

467,208.60

50,589.43

416,619.17+

Other Assets ...................... ..................... .... 4,815,912.26

4,757,653.50

58,258.76+

TOTAL ASSETS ............................... $1,508,303,574.16 $1,445,412,121.97 $ 62,891,452.19+

LIABILITIES

Demand Deposits .. . ... . . ....................... $ 669,283,134.53 $ 674,368,125.33 $ 5,084,990.80Time Deposits .. . .................................. 418,197,818.30 398,420,566.75 19,777,251.55+

Deposits of U. S. Government............
Deposi~s. ?f States and political
SUbdiVISIOnS ............................. ....................... Deposits of Banks .. ... ...................................... Other deposits (certified and offi-

35,759,875.77
147,955,295.12 62,663,826.11

30,172,665.35
125,554,960.06 60,296,245.16

5,587,210.42+
22,400,335.06+ 2,367 ,580.95+

cers' checks, etc.) ....................................... 9,671,740.78 12,515,338.08 2,843,597.30-

TOTAL DEPOSITS ..................... $1,343,531,690.61 $1,301,327,900.73 $ 42,203,789.88+

Bills payable, rediscounts, and

other liabilities for borrowed

money .................................................................... $

400.00 $

247,696.46 $ 247,296.46-

Acceptances executed and out-

standing .....

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

467,208.60

32,860.96

434,347.64+

Other liabilities ........... ....... .......................... 24,599,652.19 17,637,269.75 6,962,382.44+

TOTAL LIABILITIES (not---'---'-------'--'-'---'--.:...___C,!_::...;:,c:...:..:::...:..::...:...

including capital accounts) ......... $1,368,598,951.40 $1,319,245,727.90 $ 49,353,223.50+

CAPITAL ACCOUNTS

Capital ....

.... $

Debentures . ..

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

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

Undivided Profits ...

Reserves ................................................

TOTAL CAPITAL

42,207,250.00 $ 177,000.00
55,414,920.00 29,588,625.35 12,316,827.41

38,572,150.00 $
-051,612,120.00 25,355,807.23 10,626,316.84

3,635,100.00+ 177,ooo.oo+
3,802,800.00+ 4,232,818.12+ 1,690,510.57+

ACCOUNTS

............... $ 139,704,622.76 $ 126,166,394.07 $ 13,538,228.69+

TOTAL LIABILITIES AND

CAPITAL ACCOUNTS .......... $1,508,303,574.16 $1,445,412,121.97 $ 62,891,452.19+

*Includes branch banks, bank offices and facilities.

XVIII

DEPARTMENT OF BANKING
Exhibit "Q"
CLASSIFICATION OF BANKS BY CAPITALIZATION AS OF DECEMBER 31, 1960

NumbeT

of

Banks

Capital

4 $ 55 -
6 4 4 1 68 5 - 1 1 ............................................................

15,000 25,000
30,000 35,000
40,000
45,000 50,000
60,000 65,000
70,000

12 ............................................................ 75,000

2 ............................................................

80,000

78 ............................................................ 100,000

1 ............................................................ 100,100

1 ............................................................ 120,000

8 ............................................................

125,000

1 ............................................................ 131,250

1 ............................................................

133,400

1 ............................................................ 145,000

- 13 ............................................................
1 ................. .........................................

150,000 160,000

1 ............................................................ 175,000

16 ............................................................ 200,000

1 ............................................................ 240,000

4 ............................................................ 250,000

7 ............................................................ 300,000

1 ............................................................ 320,000

1 ............................................................ 325,000

3 ............................................................ 350,000

2 ............................................................ 400,000

1 ............................................................ 500,000

1 1

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

812,500 1,000,000

1 ............................................................ 1,300,000

2 ............................................................ 1,500,000

1 ............................................................ 1,650,000

1 1

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

2,250,000 4,090,000

Total Capital $ 60,000 1,375,000
180,000
140,000
160,000 45,000
3,400,000 300,000
65,000
70,000 900,000
160,000
7,800,000 100,100 120,000
1,000,000 131,250 133,400 145,000
1,950,000 160,000 175,000
3,200,000 240,000
1,000,000
2,100,000 320,000
325,000 1,050,000
800,000
500,000 812,500 1,000,000 1,300,000
3,000,000 1,650,000 2,250,000 4,090,000

Total ResouTces $ 2,271,421.80 55,398,156.70
4,532,147.24 5,372,046.19
9,031,195.83 1,581,835.47 150,221,987.92
10,227,223.25
2,208,782.57 2,221,014.68
27,346,753.73 6,375,203.12
277,027,4 72.43 892,082.72
3,983,092.63 31,071.659.95
3,185,936.85 3,354,657.34 5, 768,967.07
68,268,244.62 5,232,340.29 4,014,252.17
111,271,860.03 2,872,070.88 31,551,395.39
67,393,112.45 8,797,766.47 9,190,894.96 41,675,327.03
23,939,246.84 18,097,209.49
6,095,499.59
29,919,051.87 43,032,808.04
86,7 46,884.78 38,433,876.19 62,780,574.48 246,919,521.10

FORTY-FIRST ANNUAL REPORT
BANKS IN VOLUNTARY LIQUIDATION December 31, 1960

XIX Exhibit "R''

NAME OF BANK

LocATION

DATE

Atlanta Trust Company......------ Atlanta..................................... December 11, 1929 Bank of Statham ........................................................................ Statham...._............................. December 31, 1931 Newnan Bank & Trust Company.............................. Newnan..................................- May11,1932 Citizens Bank ................................................................................. Tallapoosa............................. March 14, 1938 The Farmers Bank..................................................................... Blythe......................................... January 22, 1951
Bank of lla.......................................................................................... Ila.................................................. August 9, 1954

Exhibit"S"
LEGAL HOLIDAYS
January 1-New Years Day January 19-Lee's Birthday February 22-George Washington's Birthday
April~MemorialDay
June 3-Je1ferson Davis' Birthday July 4-lndependence Day First Monday in September-Labor Day October 12-Columbus Day November 11-Armistice Day Fourth Thursday in November-Thanksgiving Day December 25--Christmas Day Provided that when any of the holidays enumerated above fall on a Sunday the Monday next following shall be observed as a Legal Holiday.

Exhibit"T"

SUPERINTENDENTS OF BANKS, DEPARTMENT OF BANKING STATE OF GEORGIA

Name

Date of Appointment

T. R. Bennett.........................................................November 17, 1919

A. B. Mobley.........................................................January 1,1927

W. J. Davis...............................................................September 24, 1931

R. E. Gormley......................................................Jauuary 1,1932

R. R. Tippins.........................................................October 6, 1936

John C. Beasley...................................................January 11,1937

R. E. Gormley.....................................................January 25, 1937

C. B. Golsan, Acting Supt......................January 1,1940

John C. Beasley...................................................January 14, 1941 0. G. Jackson.........................................................March 22, 1947

A. P. Persons.........................................................November 18, 1948 W. D. Trippe...........................................................July 1, 1960

Date Sen>ice Ended
January 1, 1927 September 24, 1931 January 1, 1932 October 6, 1936 January 11, 1937 January 25, 1937 January 1, 1940 January 14, 1941 March21, 1947 November 18,1948 June 6, 1960

FORTY-FIRST ANNUAL REPORT

1

STATEMENT

Showing condition at the close of business December 31, 1960, of

ABBEVILLE STATE BANK Abbeville, Ga.

As called for by the Superintendent of Banks

J. H. DORMINY, JR., President.
Date of Charter: 4-22-1952

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

ASSETS

Cash, balances v.ith other banka, in-

cluding reaerve balancea, and cash

itema in procesa of collection...... S United Statea Government obliga-

89,425.13

tiona, direct and guaranteed ..... . Obliga~iop~ of States and political

393,022.60

SUbdiVI8lOD8, , ...... , . , . , . , , .. ,
Other honda, notea, and debenturea.. Corporate atocka (including atock of

49,307.47 74,850.00

Federal Reaerve Bank) .......... .

None

Loana and diacounta (including over-

drafts) ........................

279,503.64

Bank premiaea owned, furniture and

fixturea........................ . Real estate owned other than bank

526.17

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

None

Investment and other asaeta indi-

rectly repreaenting. bank premiaes

or other rt'al estate. . . . . . . . . . . . . .

None

Cuatomers' liability to thia bank on

acceptance outstanding.... . . . . . .

None

- - - - - - Other Asaeta. . . . . . . . . . . . . . . . . . . . . .

32. 88

Total Asseta .................. S 886,667. 89

LIABILITIES Demand deposita.................. S Time depoa1ta .................... . Depoaita of U.S. Government ..... .
D'Jl~f!l!n~~ ~~~~~~ ~~~ ~o.l~t!~~l. ~~~
Deposita of banka ................ . Other depoaits (certified and oflicera'
checka, etc.) ................... . Billa payable..................... . Acceptance executed by or for ac-
count of this bank and outatanding ........ ................... . Other liabilities .................. .
~~;~!.:::::::: :::::::::::::::::
Undivided profita................. . Reserves ........................ .

256,708.99 448,735.53
8,749.00 78,107.02
None 2,294.56
None
None 13,913.56 25,000.00 35,000.00 18,159.23
None

Total Liabilities............... S 886,667.89

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF ACWORTH Acworth, Ga.

As called for by the Superintendent of Banks

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

E. H. HARRISON, Cashier.
Began Business: 12-19-1905

ASSETS

Cash, balances with other banka, in-

cluding reaerve balances, and cash

itema in process of collection.. . . . S 405,812.81

United Statea Government obliga-

tions, direct and guaranteed ..... . Obliga~io.n~ of States and political

676,132.80

aubdlvtstons . .................. .

2,000.00

Other bonda, notea, and debenturea..

100,000.00

Corporate atocks (including atock of

Federal R<'serve Bank) .......... .

None

Loana and diacounta (including over-

draftal .....................

715,258.38

Bank premiaes owned, furniture and

fixtures ........................ .

16,718.26

Real estate owned other than bank

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

7,611.56

Inveatments and other asseta indi-

rectly representing bank premiaea

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

None

Customera' liability to thia bank on

acceptan~ea outatanding......... .

None

- - - - - Other Asaeta..................... .

131.22

Total Aaseta . . . . . . . . . . . . .. . . . S I ,923 ,665 .03

LIABILITIES Demand deposita................. S Time depos1ts.................... . Deposita of U.S. Govt'mment ..... .
D'Jl~!l!n~~ ~~~~~~ ~~ ~l~t.i~~~ ~~~
Depoaits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outatanding........................... . Other liabilitiea .................. Capital. .................. ....... . Surplus ......................... . Undivided profita................. . Reserves........................ .

1,077,953.32 601,982.83 5,290.00 45,425.22 None 818.06 None
None 6,000.00 50,000.00 60,000.00 76,195.60
None

Total Liabilities.............. S 1,923,665.03

2

------'DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF ADAIRSVILLE Adairsville, Ga.

As called for by the Superintendent of Banks

C. W. SATTERFIELD, President.
Date of Charter: 3-21-1899

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

ASSETS Cash, balances with other banks, in-
r.luJin~ r.:}servc balances, and cash items in process of collection ......$ UniteJ States Government obligations, direct an:i guaranteed ..... . Obli~at_io."~ of States and political
subdtVlSIODS ............. , .. ,
Other bon :Is, n~tes, anrl debentures .. Corporate stocks (incluiing stock of
Fe:leral Reserve Bankl .......... . Loans nn:l discounts (including over-
drafts) ........................ . Bank premis~s owned, furniture and
fixtures........................ .
Real estate owne:l other than bank premises....................... .
Investments and other assets indirectlv reprcs::mting bn.nk premises or other real f>stn.te ............. .
Customers' liahility to this bank on acceptances outstanding......... .
Other Assets..................... .

269,295.87 436,015.63
76,855.75 80,028.13
3,000.00 525,406.03
3,693.00 None
None None None

Total Assets .................. $ 1,394,294.41

LIABILITIES Demand deposits.................. S Time depostts.................... . Deposits of U.S. Government ..... . Del?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 ......................... .
Undiviled profits................. . Reserves ........................ .

565,567.41 580,025.31
1,185.00
59,533.19 None
4,278.43 None
None None 25,000.00 75,000.00 83,705.07 None

Total Liabilities...............S 1,394,294.41

STATEMENT Showing condition at the close of business December 31, 1960, 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......$ United States Government obligations, direct and guaranteed...... Obliga~io.n~ of States and politioal subdt\'IStOnS. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Rrserve 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. . . . . . . . . . . . . . . . . . . . . .

1,309, 75.7.12 510,109.38 135,483.44 100,000.00 None 885,005.69 37,595.96 None
None None None

Total Assets ..................$ 2,977,951.59

LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... . DeJ?o~i\s of States and political sub-
dntstons ...................... .
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 ........................ .

1,692,965.30 768,623.40 63,302.77
175,720.47 18,755.89
7,818.48 None
None None 100,000.00 100,000.00 10,765.28 40,000.00

Total Liabilities.............. S 2,977,951.59

FORTY-FIRST ANNUAL REPORT

3

STATEMENT Showing condition at the close of business December 31, 1960, of

FARMERS & MERCHANTS BANK Adel, Ga.

As called for by the Superintendent of Banks

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

HATTIE G. DARBY, Cashier.
Began Business: 1-15-1948

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection...... S 356,712.08

United States Government obliga-

tions, direct and guaranteed ..... .

604,564.11

Obliga~io.n~ of States and political

SubdJVJSlODS .......

None

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Dank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

613,903.14

Bank premises owned, furniture and

, fixtures....................

3,331.67

Real estate owned other than bank

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

None

Investments and other assets indi-

r

rectly repr('senting bank premises or other real estate ............. .

None

Customers' liability to this bank on

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

None

- - - - - Other Assets..................... .

327,31

Total Assets .................. S 1,578,838.31

LIABILITIES Demand deposits.................. S Time depos1ts.................... . Deposits of U.S. Government ..... . DcJ!o~i!s of States and political sub-
dlvlstons ...................... .
Deposits of 1-anks ................ . 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 ........................ .

710,833.38 492,606.02
None
155,726.05 26,277.50
26,490.06 None
None None 50,000.00 85,000.00 16,905.30 15,000.00

Total Liabilities.............. S 1,578,838.31

STATEMENT Showing condition at the close of business December 31, 1960, of

MONTGOMERY COUNTY BANK Ailey, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and, cash

items in process of collection...... S 202,548.53

United States Government obliga-

tions, direct and guaranteed ..... .

310,000.00

Obligat_io_n~ of States and political

subdiVISIOnS ................... .

None

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

~ Federal RPserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

123,517.45

Bank premises owned, furniture and

fixtures........................ .

1.00

Re!LI estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

or other real E>state . . . . . . . . . . . . . .

None

Customers' liabilitv to this bank on a~c~ptances outsianding ......... .

None

- - - - - - Other Assets..................... .

None

Total Assets ................. S 636,066.98

LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U. S. Government ..... .
D'Ji~\'!l~n~f- ~~~t~s- ~~~- ~-I~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................... Capital.. ........................ . Surplus ......................... . UndhiJed profits................. . lteserves ........................ .

434,928.26 7,364.85 None
102,087.82 13,848.74
12,725.58 None
None 2,464.00 30,000.00 20,000.00 12,647.73
None

Total Liabilities............... S 636,066.98

4

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, 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

D. L. GRIFFIN,
Cashier. Began Business: 1-17-1945

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."!' of States and political subdtVIstona ................... 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.................$

220,278.39 332,138.97
None None None 268,705.79 9,597.03 None
None None None 830,720.18

Demand deposits .L..IA..B..IL..I.T.I.E.S.....s
Time depostts.................... . Deposits of U.S. Government..... .
D";fl~f!~~n~~ ~~~~~~ ~~.~ .~~l~~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........................ .

394,835.29 65,187.01 13,188.16
227,426.55 None
8,151.80 None
None 2,000.00 25,000.00 75,000.00 3,434.25 16,497.12

Total Liabilities. . . . . . . . . . . . . S 830,720.18

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF ALAPAHA Alapaha, Ga.

As called for by the Superintendent of Banks

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

C. A. MATTHEWS, Cashier.
Began Business: 3-25-1905

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in procesa of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~io_~ of States and political sulKii.VlStons ... Other bonds, notes, and debentures.. Corporate stocke (including stock of Federal Reeerve 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..................s

501,385.85 1,011,347.67
216,641.45 None None
735,451.88 9,710.98 None
None None None 2,474,537.83

LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U. S. Government ..... . DeJ!OI!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 outstandO tihnegr.l.i abili ties .................... Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,340,285.39 744,676.62 9,123.77 96,154.31 None 11,268.03 None
None 30.273.62 100,000.00 100,000.00
2, 756.09 40,000.00

Total Liabilities.............. .S 2,474,537.83

FORTY-FIRST ANNUAL REPORT

5

STATEMENT Showing condition at the close of business December 31, 1960, 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

Caah, balances with other banks, in-

cludillf reserve balances, and caah

items m process of collection......I 185,008.58

United States Government obliga-

tions, direct and guaranteed..... .

175,257.79

Obliga~io~ of States and political

SUbdiVISIOns .... ,

388,970.21

Other bonds, not<>&, and debentures...

None

Corporate stocks (including stock of

Federal Reserve Bank) .........

None

Loans and discounts (including over-

drafts) ........................ . 2 ,281,707.98

Bank premises owned, furniture and

fixtures........................ .

80,946.01

Real estate owned other than bank

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

None

Investments and other aasets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

- - - - - Other Assets..................... .

228.61

Total Aasets................I 3,112,119.18

LIABILITIES Demand deposits..................1 Time deposits.................... . Deposits of U.S. Government..... .
De~~~~~~~~-~~~~~~~~~~
DejlOBits of banks ................ . Other ~its (certified and officers'
checks, etc.) ................. Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.. ., ............... .
?u-:;:1:!: :::::: :::: :: :: :: :: :: :: :::
Undivided profits................. . Reserves ......................

None 2 ,196,865. 71
None 25,000.00 60,000.00
None None
None 392,466.39 150,000.00
50,000.00 143,452.69 94,334.39

Total Liabilities.............. 1 3,112,119.18

STATEMENT

Showing condition at the close of business December 31, 1960, of

ALBANY TRUST & BANKING COMPANY Albany, Ga.

As ealled for by the Superintendent of Banks

SAMUEL C. WELCH, President.
Date of Charter: 6-13-1905

H. R. KING, JR., Cashier.
Began Business: 6-1905

ASSETS Caah, balances with other banks, in-
cludiDf reserve balances, and caal> itemsm process of collection..... . 1 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 over-
drafts)......................... Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premises........................ Investments and other aasets indi-
rectly representing bank premises or other real estate.............. Customers' liability to this bank on acceptances outstanding..... . . . . . Other Assets....... . . . . . . . . . . . . . . .

440,023.38 313,163.59 101,656.98 30,000.00
None 2,194,082.32
30,865.14 None
100,000.00 None None

Total Assets .................. 1 3,209, 791 .41

LIABILITIES Demand deposits................. I Time deposits.................... Deposits of U.S. Government..... . DeJ!OI!i~s of States and political sub-
divistons ...................... . 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........................ .

482,784.96 1,654,731.11
10,000.00 154,000.00 25,000.00 10,054.05
None
None 385,640.64 200,000.00 250,000.00
37,580.65 None

Total Liabilities.............. I 3,209,791.41

6

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

THE CITIZENS & SOUTHERN BANK OF ALBANY Albany, Ga.

As called for by the Superintendent of Banks

HOYT D. EDGE, President.
Date of Charter: 5-6-1943

RAYS. MOCK,
Cashier Began Business: 6-1-1943

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection...... S 4,237,511.38

United States Government obliga-

tions, direct and guaranteed ..... . 7,534,190.60

Obliga~io.n~ of States and political

subdtvtstons................... 1,947,036.07

Other bonds, notes, and debentures..

42,500.00

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ . 15,030,687.74

Bank premises owned, furniture and

fixtures........................ .

228,045.67

Real estate owned other than bank

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

199,860.12

Investments and other assets indi-

rectly representing bank premises

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

500,000.00

Customers' liability to this bank on

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

None

Other Assets..................... .

199,220.29

Total Assets . . . . . . . . .. . . . . . . . . S 29 ,919 ,051. 87

LIABILITIES

Demanddeposits................. S 13,002,437.02

Time depos1ts.................... 6,908,439.38

Deposits of U.S. Government...... 856,506.29

Del?o~ils of States and political sub-

dtvtstons. . . . . . . . . . . . . . . . . . . . . . . 2,944,968.69

Deposits of banks. . . . . . . . . . . . . . . . . 2,247,631.07

Other deposits (certified and officers'

checks, etc.) ................... . 301,465.12

Bills payable..................... .

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing ........................... .

None

Other liabilities................... . 684,183.28

Capital. ......................... . 1,000,000.00

Surplus ......................... . 1,000,000.00

l.'ndivided profits................. . 603,886.79

Reser,res ........................ . 369,534.23

Total Liabilities.............. S 29,919,051.87

STATEMENT Showing condition at the close of business December 31, 1960, 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-
clud~ reserve balances, and cash
itemBin process of collection...... S United States Government obliga-
tions, direct and guaranteed. . . . . . Obliga~o~ of States and political
subdiVJBtons................ .. . . Other bonds, notes, and debentures.. Corporate stocks (including stock of
Fed<lJ"al 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......................

4 ,342 ,332. 53 5, 599 ,452 .45
711,276.78 None None
9 030 371 .72 439,453. 68 212. 05
None None 122,889.14

Total Assets.................. S 20,245,988.35

LIABILITIES Demand deposita................. S Time depostta.................... . Deposita of U. S. Government ..... .
D':Jl~~!\~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........................ .

8,703,331.98 5,220,652.21
978,826.51
1,955,274.45 1,202,144.91
111,673.40 None
None 504,272.09 350,000.00 750,000.00 269,812.80 200,000.00

Total Liabilities.............. S 20,245,988.35

FORTY-l.i'IRST ANNUAL REPORT

7

STATEMENT Showing condition at the close of business December 31, 1960, of
THE FOUR COUNTY BANK Allentown, Ga.

As called for by the Superintendent of Banks

A. T. LAND, President.
Date of Charter: 8-18-1941

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

ASSETS

Cash, balances with other banks. in-

cludi~ reserve balances, and cash items 1n process of collection...... $

604,083.22

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

894,938.45

O~l~~~~onO:. -~~~~. ~~~- -~l.i~~~~

None

Other bonds, not~a. and debentures ..

104,812.50

Corporate stocks (including stock of Federal RPserve Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ .

754,893.84

Bank premises owned, furniture and fixtures........................ .

4,237.04

&al estate owned other than bank premises..................... .

None

Investments and other a88eta 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 ,362 ,965 .05

LIABILITIES Demand deposita................. $ Time depoata.................... . Deposita of U.S. Government..... .
D~!l~n~f. ~~~~a. ~~- ~-l~t!~~~ ~~~
De_poaita 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................... .
~:;f:!.
Undivided profits................. . Reserves ........................ .

710,945.49 915,351.44
56,775.07 414,429.46
31,405.31 3,014.76 None
None 24,611.65 25,000.00 100,000.00 81,431.87
None

Total Liabilities.............. $ 2, 362,965.05

STATEMENT

Showing condition at the close of business December 31, 1960, of

ALMA EXCHANGE BANK Alma, Ga.

As called for by the Superintendent of Banks

VALENE BENNETT, President.
Date of Charter: 9-30-1939

E. P. LEE,
Cashier. Began Business: 10-14-1939

ASSETS Cash, balances with other banks, in-
clu~ reserve balan~a. and cash itema1n proceaa of collection ..... $ United States Government obligations, direct and guaranteed . . . . . .
O~~~~o:1. -~~~. ~~ .~~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 aueta indi-
rectly representing bank premises or other real estate.............. Customers' liability to this bank on acceptances outstanding... :..... Other Assets......................

801,639.83 724 , 809 . 80
None 100,000.00
None 1,488,773. 86
40,000.00 None
None None 1,013.00

Total Assets ................ $ 3 , I 56, 236 .49

LIABILITIES Demand deposita................ $ Time deposits................... Deposits of U.S. Government ..... .
De,K~T!~~n~~ ~~~~ ~~- ~-~l~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................... . Capital. ......................... Surplus ......................... Undivided profits................. . Reserves ........................

1,036,251.84 1,266,058.03
31,876.13 308,868.37 268,546.33
9,759.98 None
None None 125,000.00 75,900.00 18,975.81 15,000.00

Total Liabilities.............. S 3,156,236.49

8

DEPARTMENT OF BANKING

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

STATEMENT

Showing condition at the close of business December 31, 1960, of

CITIZENS STATE BANK Alma, Ga.

As called for by the Superintendent of Banks

H. T. LEE, President.
Date of Charter: 4-2-1951

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

ASSETS Cash, balances with other banks, in-
cluding reserve balanCH, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligs~i~n~ of States and political
8Ubd1Vl810DB ..
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 888ets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

690,778.44 522,862.50 313,093.91 100,000.00
None 842.693.11
5, 747.38 None
None None 93.19

Total Assets .................. S 2,475,268.53

LIABILITIES Demand deposits................. S Time depostts.................... Deposits of U.S. Government ..... .
D~!\~n~f. ~~~~- ~~~ ~~~t.i~~~ ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
::: ::: :: :: :: :::::::: ::: :: Other liabilities................... .
~:~r:!.
Undivided profits................. . Reserves .....................

864,736.96 1,169,797.48
6,038. 77 226,574.43
None 3,182.45
None
None 1,368.52 50,000.00 50,000.00 43,569.92 60,000.00

Total Liabilities.............. S 2,475,268.53

STATEMENT Showing condition at the close of business December 31, 1960, of

CITIZENS BANK OF ALPHARETTA Alpharetta, Ga.

As called for by the Superintendent of Banks

W. W. HARRISON, President.
Date of Charter: 2-6-1920

W. W. HARRISON, Cashier.
Began Business: 4-12-1920

ASSETS Cash, balances with other banks, in-
cludiDf' reserve balances, and cash itemstn process of collection...... S United States Government obligations, direct and guaranteed . . . . . . Obliga~i~~ of States and political subdivsons.................... 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 aaaets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets......................
Total Assets..................S

171,542.32 418,489 .36
None 10 ,000 .00
None 251,699.68 37,335. 57
None
None None 3,015. 79 -892 ,082 .72

LIABILITIES Demand deposita................. S Time deposits.................... . Deposita of U.S. Government..... . DeJ!~i!s of States and political sub-
divisions ...................... 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 ........................ .

330,776.78 53,846.76 1,743.83 172,000.00 199,179.29 2,371.63 None
None 4,802.93 100,100.00 20,000.00 7,261.50
None

Total Liabilities. . . . . . . . . . . . S 892,082.72

FORTY-FIRST ANNUAL REPORT

9

STATEMENT Showing condition at the close of business December 31, 1960, of
BANK OF COMMERCE Amerieua, Ga.

As ealled 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 Caah, balances with other banks, in-
cludi~~J reserve balaneee, and caah items an proceaa of collection...... S United States Government obliga-
. tions, direct and guaranteed......
0~~~~~ro:.f. -~~~. ~~- ~~i~~~~
Other bonds, notes, and debentures.. Cor_liOrate stocks (including stock of
Federal Reserve Bank)........... Loans and diacounte (including over-
drafts)......................... Bank premieea owned, furniture and
fi:du,.,... .. . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premieea..... . . . . . . . . . . . . . . . . . . . Investments and other aaaeta indi
rectly ~"$resenting bank premiaea or other real estate . . . . . . . . . . . . . . Customers' liability to this bank on aoceptancea outstanding. . . . . . . . . . Other ABaete... . . . . . . . . . . . . . . . . .

1,020,152. 84 1,992,558.32
1. 639.802. oo
400,000.00 None
2,530,298.04 123,271.43 None
None None None

Total ABaete................ S 7, 706,082 . 63

LIABILITIES Demand deposita................. S Time depos1ta.................... Deposita of U.S. Government..... De~i! of States and political aub-
diviatona ...................... . Deposita of banka .............. Other de~ite (certified and officers'
checks, etc.) ................... . Billa payable..................... Acceptances executed by or for ac-
count of thia bank and outetandinK ........................... Other liabilities................... .
~r~t:!.:::::::::::::::::::::::::
Undivided profits................. Reserves .......................

3,525,935.36 2,064,335.82
109,049.71 786,720.56 136,225.60
18,375.93 None
None None 200,000.00 300,000.00 207,439.65 358,000.00

Total Liabilities. . . . . . . . . . . . S 7, 706.082 .63

STATEMENT Showing condition at the close of business December 31, 1960, of

CITIZENS BANK OF AMERICUS Amerieua, Ga.

As ealled for by the Superintendent of Banks

S. R. HUNTER, President.
Date of Charter: 2-20-1937

M. E. FERGUSON, Cashier.
Began Business: 3-25-1937

ASSETS Cash, balances with other batJka, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and KU&ranteed ..... . Obliaa~i~~ of States and political auldiV1810D8 . .................. . Other bonds, notes, and debentures.. Corporate stocks (ancluding stock of Federal Reserve Bank) .......... . Loans and diacounta (including overdrafts) ........................ . Bank premiaea owned, furniture and fizturea........................ . Real estate owned other than bank premisea....................... . Investments and other aaaete indi-
~~be~r!TC::!.'t~. ~~~- ~~~~
Customers' liability to this bank on acceptances outstanding.......
Other Assets...................

1,053,726.37 1 ,378,862. 27
929,280.90 143,062.50
None 3,378,877. 99
36,675.77 50,500.00
None None 9,108.31

Total Assets ................. S 6 , 980 ,094 . 11

LIABILITIES Demand deposita............. S Time depoa1ta............... Deposita of U.S. Government..
DTv;!t!n~f. ~~~- ~~- ~t~~- ~~~
Deposits of banks............... Other deposits (certified and officers'
cheeks, etc.) ............... Billa payable..................... . Acceptances ezeeuted by or for ac-
count of thie bank and outstanding ........................ Other liabilities............... Capital. ........................ Surplus ...................... Undivided profits............. Reserves ......................

3,432,387.02 1,682,511.10
198,179.61 1,036,568.89
None 7,424.83
None
None 67,000.00 200,000.00 150,000.00 87,309.62 118,413.04

Total Liabilities. . . . . . . . . . . . . . S 6, 980,094 . 11

10

DEPARTl\1ENT OF BANKING

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

STATEMENT

Showing condition at the close of business December 31, 1960, 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 hanks, 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 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..................... .

169,154.32 590,280.37
500.00 123,000.00
None 168,910.12
2,119.60 None
None None None

Total Assets .................. S 1,053,964.41

LIABILITIES Demand deposits................. S Time depostts.................... . Deposits of U.S. Government ..... .
D'Ji~!!~n~f ~~~~~s. a~~. pol~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 ........................ .

622,205.60 104,421.90
4,760.74
188,709.95 None
None None
None 4,000.00 15,000.00 91,000.00 10,802.67 13,063.55

Total Liabilities.............. S 1,053,964.41

STATEMENT Showing condition at the close of business December 31, 1960, of

ASHBURN BANK Ashburn, Ga.

As called for by the Superintendent of Banks

H. C. BARBER, JR., President.
Date of Charter: 7-3-1900

VIRGIL JONES, 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 bonis, 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 represen t.ing bank premises
or other rf'al estate ............. . Customers' liability to this bank on
accf'pta.nces outstanding ......... .
Other Assets..................... .

740,021.56 1,184,199.25
171,049.95 200,313.62
None 1,746,857.74
65,402.70 None
None None 1. 751.67

Total Assets. . . . . . . . . . . . . . . . . S 4, 109, 596 .49

LIABILITIES Demand deposits.................$ Time depostts................... . Deposits of U.S. Government ..... . DllJ:?O~i~s of States and political sub-
diviSIOns ...................... . Deposits of hanks ................ . 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 ........................ .

1,500,823.49 1,610,694.60
189,584.48
400,161.36 7,687.19
28,701.46 None
None 13,065.10 100,000.00 100,000.00 151,380.32 7,498.49

Total Liabilities.............. S 4 ,109, 596. 49

FORTY-FIRST ANNUAL REPORT

11

STATEMENT Showing condition at the close of business December 31, 1960, of

THE CITIZENS BANK OF ASHBURN Ashburn, Ga.

As called for by the Superintendent of Banks

JAMES H. PATE, President.
Date of Charter: 7-27-1905

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

ASSETS Cash, balanres with other banks, in-
cluding rcserYc balances, and cash
items in process of colleetion ...... S United States Government obliga-
tions, direct and guaranteed...... Obligations of States and political
subdivisions. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stoks (induding stock of
FPderal Hesorve Bank)... . . . . . . . . Loans ancl disoounts (inclU<Iing over-
drafts)......................... Bank premis~s owned, furniture and
fixtures......................... Rcnl estnte owned other than hank
premises........................ Investrucnts and oth<'r assets indi-
rertly repre>scnting hank premises or other rcnl estate. . . . . . . . . . . . . . Customers' liability to this bonk on nr.reptan<"C'S outstanding... . . . . . . . Other Assets......................

357,553. 39 1,093,525.00
None 10,000.00
None 1,407,473.37
80,999.17 2,950.00
None None None

Total Assets .................. S 2,952,500.93

LIABILITIES Demand deposits.................. S Time depostts.................... .
Deposits of U. S. Government . . . . . .
D'Ji~i!:~n~f ~~~t~s. ~~~- ~.o.l~t.i~~~. ~~~
Deposits of hanks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills p11ynhle..................... . Acccptnnes executed by or for ae-
co:mt of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . ~nrplus ......................... . UndhiJed profits................. . ltt's<::>rvcs . . . . . . . . . . . . . . . . . . . . . . . . .

1,120,944.01 1,485,680.24
9,499.65
78,828.86 20,851.45
2,806.14 None
None None 75,000.00 100,000.00 58,890.58 None

Total Liabilities.............. S 2,952,500.93

STATEMENT Showing condition at the close of business December 31, 1960, of

HUBERT STATE BANK Athens, Ga.

As called for by the Superintendent of Banks

MRS. VIRGINIA H. KELLAR, President.
Date of Charter: 9-24-1949 ------------------ ---

SHELBY M. CALLAWAY, Cashier.
Began Business: 11-1-1949

ASSET~:!
Cash, balances with other banks, including reserve balanrcs, and cash items in process of c<,llection ...... S
United States Government obligations, direct and guaranteed......
Obliga~io.n~ of States and political
SUbdiVISIOnS. . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures.. Corporate storks (including stoek of
Federal Hrscrve Bank).. . . . . . . . . . Loans and discounts (including over-
drafts)......................... Bank premises owned, furniture and
fixtures..... . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
pren1iscs........................ Investments and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . .

718,755.48 1,442,669.51
326,004.55 None None
1,344,209.51 15,442.79 None
None None 966 .31

LIABILITIES Demand deposits................. S Time depostts.................... . Deposits of U.S. Government ..... .
D'Ji~i~t~n~f. ~~~~~s. ~~~- ~-ol~t.i~~~. ~~~
Deposits of hanks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills p11yable ..................... .
Acceptances executed by or for account of this bank and outstanding ................... o 0 0 0. 0. 0.
Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Rt'serves .. o o o o o. o. o.

1,689,106.97 1,037. 738.68
50,461.04
617,936.14 191,288.88
7,771.74 None
None 36,828.01 100,000.00 70,000.00 46,916.69
None

Total Assets.................. S 3,848,048.15

Total Liabilitiea.............. S 3,848,048.15

12

DEPARTMENT OF BANKING--------------------

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE BANK OF GEORGIA Atlanta, Ga.

As ealled for by the Superintendent of Banks

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

R. A. RADFORD, Cashier.
Began Business: 12-5-1933

ASSETS

Ceah, balances with other banks, in-

cludintr reserve balances, and eaah

items 1n procesa of collection. . . . . S 7,517,617. 94

United States Government obliga-

tioDB, direct and guaranteed ..... . 8,170,111.23

Obliga~i~ of States and political

BUbdiV18JOD8 . ....... 1,300,116.95

Other bonds, notes, and debentures..

260,000.00

Corporate stocks (including stock of

Federal Reserve Bank) ....... ... .

94,500.00

Loans and discounts (including over-

drafts) ........................ . 24,420,531.05

Bank premises owned, furniture and

mturea........................ . 1,056,112.62

Real estate owned other than bank

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

None

Investments and other aaaeta indi-

rectly representing bank premises

or otner real estate............. .

None

Customers' liability to this bank on

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

None

Other Aaaeta..................... . 213,818.25

Total Aaaeta . . . . . . . . . . . . . . . . S 43, 032, 808. 04

LIABILITIES Demand deJIOBita................. S 14,819,951.86 Time depoata..................... 13,473,359.32 Deposita of U.S. Government...... 1,192,971.11 DeJ!O!i~a of States and political aub-
diviatoDB....................... 7,215,945.61
8:~.t::Stt'!'tc~iffied ud (,ii;;;,~ 45,045. 31

checks, etc.) . . . . . . . . . . . . . . . . . . . . Billa payable.... . . . . . . . . . . . . . . . . . .
Acceptances executed 117 or for ac-
count of this bank and outstanding ........................... . Other liabilities................... .
~::.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

214 ,059 .60 None
None 2,425,608.68 1.300.000 .00 1,850,000.00
395,866.55 100,000.00

Total Liabilities.............. S 43,032,808 04

STATEMENT Showing condition at the close of business December 31, 1960, of

THE CITIZENS & SOUTHERN BANK OF ATLANTA Atlanta, Ga.

As ealled for by the Superintendent of Banks

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

JAS. T. VANN,
Cashier. Began Business: 12-1-1941

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in procesa of collection......$ 6,220, 713.01

United States Government obliga-

.. . tioDB, direct and guaranteed. . . . . . 7, 329,248.91
0~~~o.= ~~~.~~~ ~~~~ 1,926,010.40

Other bonds, notes, and debentures..

115,241.35

Corporate stocks (including stock of

Federal Reserve Bank)... . . . . . . . .

None

Loans and discounts (including over-

drafts) . . . . . . . . . . . . . . . . . . . . . . . . . 21 987. 790 .60

Bank premises owned, furniture and

htures. . . . . . . . . . . . . . . . . . . . . . . . .

539, 176. 53

Real estate owned other than bank

premiaea.. .. . . . . . . . . . . . . . . . . . . . .

None

Investments and other aaaeta indi-

rectly representing bank premises

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

200,000.00

Customers' liability to this bank on

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

None

Other Aaaeta......................

115,695.39

Total Aaaeta .................. S 38, 433 ,876 . 19

LIABILITIES

Demand deposita................. S 20,788,866.60

Time depoatta..................... 11,575,998.72

Deposita of U.S. Government...... 407,816.19

DeJ!O!i~ of States and political aub-

diviaiODB . . . . . . . . . . . . . . . . . . . . . . . 339,085 .28

8t'~iJ:::Stt'!'t:ertified: imd: "om;;.~

230 948 31

checks, etc.) . . . . . . . . . . . . . . . . . . .

92,509. 83

Billa payable. . . . . . . . . . . . . . . . . . . . . .

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing ........................... .

None

Other liabilities................... . 2,142,991.59

~apif:!. : .":: :: :: : :::: ::::::::::::

1,650,000.00 850,000.00

u":livided profits................. . 128,784.51

Reserves ........................ . 226,875.16

Total Liabilities.............. S 38,433,876.19

FORTY-FIRST ANNUAL REPORT

13

STATEMENT

Showing condition at the close of business December 31, 1960, of

CITIZENS TRUST COMPANY Atlanta, Ga.

As called for by the Superintendent of Banks

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

M. W. HOUSTON, JR., Cashier.
Began Business: 8-17-1921

ASSETS Cub, balaacee with other bub, iD:-
cluiliDJ reeerve helancee, and caeh itema m J)l'OCe88 of collection...... 1 United States Government ob1ip. tioaa, direct and guaranteed.....
~=o::. -~~~- ~~ -~~~~
Other bcmda, notesinand debenturee..
~.=:e<~~-~~-~~
I - . and diacounte (iD:cludina overdrafte) .......................
Bank premiHa owned, furniture and ftsturee........................
Real eetate owned other than bank premiHa.... .....
Inveetmente and other aeeete indireetlY repreeenting bank premiHa or otDer real eetate...........
Cuatomen' liability to thia bank on ~cee outetandina......
Other .A.Mte..................

2,133,172.03 2,198,342.07 1,371,549.92
745.243.66 16,500.00
3,554,623.90 59,713.08 1.00
None None 58,088.18

Total Aeeete............... I 10,137,233.84

LIABILITIES

Demand depoeite................I

Time depol!lte.................

lD>eePpOoeBiit!ae

of of

U. S. Government . States and political

... eub-

divialone ......................

8if:il:::U~ce"riiiied ~ci -om.;,e;a

cbecb, etc.) ...............

Bille payable.................... Acceptancee executed by or for a&o

count of thie bank and outetanding .........................

Other liabilitiee.................

Capital..................

SU!nJidl!ilvuied.e.dpr.o.f.i.te....... . . Reeervee . . . . . . .

4.379,813.49 4,433,145.99
188,025.06 65,900,00
None 110,751.57
None
None 216,394.40 375,000.00 250,000.00 86,203.33 32,000.00

TotalLiabilitiee.............. I 10,137,233.84

STATEMENT Showing condition at the close of business December 31, 1960, of

GEORGIA SAVINGS BANK & TRUST COMPANY Atlanta, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cub, helancee with other banta, in-
c!~ reeerve helancee, and ~ itema m J)l'OCe88 of collection. . . . . I United State& Government oblip.o tiona, direct and guaranteed ..... . Obliaati~ of States and political
atibc:liVlllOD8
Other honda, notes, and debenturee.. Coruorate etoeka (mcludina etock of
Yederal Reeerve Bank) ..... Loans and diacounte (iD:cludina over-
drafte) ........................ . Bank premiaee owned, furniture and
ftsturee........................ . Real eetate owned other than bank
premieee...................... In3ente and other aaeete iD:di-
rect repreeenting bank premiHa or ot er real eetate............. . Cuetomen' liability to thia bank on ~tancee outetandina..... . Other Auete..................... .

990,068.54 6,096. 992.28
937,609.65 189,248.90 605,342.07 9,177,947.05 100,001.00
None
None None None

Total Aeeete............1 18,097,209.49

LIABILITIES

Demand deJ>OBite................. 1 202,522.01

Time depoe~te..................... 13,961,327.54

Depoeite of U. S. Government. . . . . .

29,306.03

DeJ!OI!i~e of States and political eub-

diviaone....................... 146,031.35

~jiOIIite of banke.................

75,000.00

Other depoeite (oertified and oflicere'

checb, etc.). . . .. .. . .. .. .. .

1 , 931.00

Billa payable......................

None

Acceptan~ e:recuted by or for a&o

count of thie bank and outetand-

ing ....................

None

Other liabilitiee................... .

8,506.31

Capital. ......................... . 500,000.00

Surplus ........................ .. 1,000,000.00

Undivided profite................ .. 253,860.15

Reeervee ........................ . 1,918,725.10

Total Liabilitiee.............. 1 18,097,209.49

14

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE PEOPLES BANK Atlanta, Ga.

As called for by the Superintendent of Banks

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

T. B. McLEOD, Cashier.
Began Business: 8-31-1935

ASSETS Cash, balances with other banks, in-
clu~ reserve balances, and cash itema m proceaa of collection...... S Uoited States Government obligations, direct and guaranteed ..... . Obliga~i~~ of States and political
aulldi.VIBIODB ........
Other honda, notes, and debenturea.. Corporate atoeka (including stock of
Federal Reserve Bank) .......... . Loans and diacounta (including over-
drafts) ........................ . Bank premises owned, furoiture and
fi.zturea........................ . Real estate owned other than bank
premises....................... . Investments and other asaeta indi-
rectly representing bank premises or otner real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaseta..................... .

927,583.28 2,283,239.07
371,424.36 745,638.19
None 3,825,704.84
53,060.51 None
None None 36,554.55

Total Aaseta ................. S 8,243,204.80

LIABILITIES Demand depoaita................. S

2,488,530.45

Time deposita.................... . 4, 758,933.16

Deposita of U. S. Government . . . . . .

34,923.27

DeJ!OI!i~ of States and political aub-

diviaiona . ..................... .

39,500.00

Deposita of banks ............... ..

None

Otlier deposita (certified and officers' checks, etc.) ................... .

26,858.02

Bills payable..................... .

None

Acceptances executed by or for ac-

count of thia bank and outstanding ........................... .

None

:: ::::::::::::::::::::::: Other liabilities................... .
~:;t:.

67,698.69 200,000.00 200,000.00

Undivided profits................. .

51,113.51

Reserves ........................ . 375,647.70

Total Liabilities.............. S 8,243,204.80

STATEMENT Showing condition at the close of business December 31, 1960, of

SOUTHERN SAVINGS BANK Atlanta, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash iteme in proceas of collection......$ Uoited States Government obligations, direct and guaranteed ..... . Obliga~io.~ of States and political aubdtvtstona ................... . Other honda, notes, and debentures.. Corporate stocks (including stoek of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premiaea owned, furoiture and fi.zturea ........................ . Real estate owned other than bank premiaea..................... Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to thia bank on acceptances outstanding......... . Other Aaseta..................... .

39,350.54 None None None None
972,187.72 1,915.11 None
None None 831.95

Total Aaseta .................. S 1 ,1114 , 285 . 32

Dem

and

LIABILITIES deposita...............

...

s

Time depolnta.................... .

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

nr~l~n~f. ~~~':". ~~. ~!~t.i~~~ ~~~

Deposita of banks ................ . Otlier deposita (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-

ing ........................... . Other liabilities................... .
~::;:t:!.:::::::::::::::::::::::::

Undivided profits................. . Reserves........................ .

528,000.00 None None None None None None
None 1,702.02 100,000.00 20,000.00 286,299.51 78,283.79

Total Liabilities.............. S 1,014,285.32

FORTY-FIRST ANNUAL REPORT

15

STATEMENT Showing condition at the close of business December 31, 1960, of

SOUTH SIDE ATLANTA BANK Atlanta, Ga.

As called for by the Superintendent of Banks

B. H. THOMPSON, President.
Date of Charter: 1-31-1912

CALVIN J. COLE,

Cashier.

'

Began Business: 7-1-1929

ASSETS Cash, balances with other banks, in-
cludinlll reserve balanocs, and cash items in process of colleotion ...... S United States Government obligations, direct and guaranteed ..... . Obli111at.io.n~ of States and political
sub<hVlSIODS . ...... , ............ .
Other bonds, notes, and debPntures.. Corporate stocks (induding stook of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures ........................ . Real estate owned other than bank
premi~s ....................... . Investments and other assets indi-
rectly representing bank premisrs or other real Pstate ............. . Customers' liability to this bank on acceptances outstanding.. . . . . . . . . Other Assets......................

1,373,459.87 2,685,110.31
275,976.72 None None
4, 368,203. 88 112,584.60 None
None None 4,344.49

Total Assets .................. S 8,819,679.87

LIADILITII!;S Demand deposits................. l Time deposits..................... Deposits of U.S. Government......
Ddj~i!~!n~f. ~~~~~s. ~~~- ~-ol~t.i~~~- ~~~~
Df'posits of hanks . ............... . Other deposits (certif.ed and offi<ers'
rher.ks, Pte.) ................... . Bills payable.................... . Acceptancf's e~ernted by or fnr ac-
count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . ~urplus ......................... . Undivided profits................. . Reserves ........................ .

3,540,578.53 3,459,603.13
94,798.12 618,000.00 137,263.18 120,367.14
None
None 157,042.08 200,000.00 200,000.00 292,027.69
None

Total Liabilities.............. S 8,819,679.87

STATEMENT Showing condition at the close of business December 31, 1960, of

TRUST COMPANY OF GEORGIA Atlanta, Ga.

As called for by the Superintendent of Banks

GEO. S. CRAFT,

STEVE H. BOMAR,

President.

Senior V. Pres. & Treas.

Date of Charter: 9-21-1891

Began Business: 11-8-1891

==============-=-=-=-==-=--=====~----

ASSETS

Cash, balances '1\ith other banks, in-

cludin~ reserve balan("P.8, and cash

items in process of collection...... S 70,600,665.58

United States Government oblir,a-

tions, direct and guaranteed. . . . . 37,686,360.72

Ob~~~fJi~~To::. _st~~~~. ~n~- -~ol_i~ie_a_l l1,396 ,433 _67

Other bonds, notes, and debentures..

100,215.00

Corporate stocks (including stock of

Federal Reserve Bank)...........

492,700.00

Loans and discounts (including over-

drafts)........................ 120,046,199.53

Bank premises owned, furniture and

fixtures......................... 4,513,249.87

Real estate owned other than bank

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

None

Investments and other assets indi-

rectl:v representing bank premises

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

None

Customers' liability to this bank on

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

385,437.48

Other Assets. . . . . . . . . . . . . . . . . . . . . . 1 , 698, 259 .25

LIABILITIES

D_emand drposits. . . . . . . . . . . . . . . . . $124,067,767.63

T<me depos1ts..................... 25 340 204.09

Deposits of l'. S. Government. . . . . . 8' 673' 772.16

DeJ!O'!ijs of States and political sub- ' '

divis10ns ....................... 23,560,857.79

Deposits of banks................. 35,230,143.36

Other deposits (certif.ed and officers

checks, etc.) ............. .

2,564,413.46

Billspayal-le..................... .

None

Acceptanres executed by or for ar-

eount of this bank and outstand-

ing ........................... . Other liabilities................... . Capital. ......................... .

385,437.48 4. 298.521. 37 4,090,000.00

Surplus ......................... . 11,000,000.00 Undivided profits................. . 5,467,533. 73

Reserves ........................ . 2,240,870.03

Total Assets ................. $246,919,521.10

Total Liabilities.............. $246,919,521.10

16

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

GEORGIA RAILROAD BANK & TRUST COMPANY Augusta, Ga.

As called for by the Superintendent of Banks

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

W. A. ROSSIGNOL, Cashier.
Began Business: 12-31-1892

ASSETS

Cub, balances with other banks, in-

cl~ rese"e balances, and caeh

itemun procesa of oollection...... S 13,914,978.32

United States Government obl.ip-

tiona, direct and guaranteed . . . . . . 10, 683 ,733 .31

0~=~f--~~~-~~-~~~~~ 5,262,508.15

Otber bonds, notes, and debentures..

None

Corporate stocks (mcluding stock of

Federal Reserve Bank) .......... .

135,000.00

Loans and diacounta (including over-

drafts)......................... 31,259,534.62

Bank premiaea owned, furniture and

fizturea ........................ . 1'161 ,504.04

Beat estate owned otber than bank

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

36,737.57

Investments and other aaaets indi-

rectly representing bank premises

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

None

Cuatomera' liability to thia bank on

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

58,048.72

Other Aaeta.................... - -26-8,5-29.-75

Totai.Aaeta................ S 62,780,574.48

LIABILITIES

Demand deposita................. S 20,568,209.03

Time depoatta.. :. . . . . . . . . . . . . . . . . . 18,110,939.28

Deposita of U.S. Government...... 2,197,975.61

D~~f. ~~~-:-. ~~- ~-~~ ~~~ 7,283,223.48

omC8ft 8t'C:~r~'t.!~iifi~ &.d'

7. 405.393.01

checks, etc.). . . . . . . . . . . . . . . . . . . . Bills payable.... . . . . . . . . . . . . . . . . . . Acceptances executed by or for ac-
oount of thia bank and outstanding........................... .
::::::::::::::::::::::::: Other liabilities................... .
~:;r:!.
Undivided profits................. . Reae"es........................ .

211,749.26 None
58,048.72 1,891,816.38 2,250,000.00 2,250,000.00
553,219.71 None

TotaiLiabilitiea.............. S 62,780,574.48

STATEMENT Showing condition at the close of business December 31, 1960, of

REALTY SAVINGS BANK Augu11ta, Ga.

As called for by the Superintendent of Banks

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

ED SHEPPARD,
Cashier. Began Business: 12-23-1933

ASSETS Caah, balances with other banks, in-
cluding rese"e balances, and caab. items in proeeaa of collection ...... S United States Government obliga tiona, direct and guaranteed . . . . . .
0~~eli~:on";..~~~~. ~~~..~~i~~~
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reae"e 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......................

215,340.48 866, 906 . 29 1,106,860.01
None None 4, 705,537. 68 27,366.24 4.00
12,510.91 None
11,510.30

Total Aaaeta. . . . . . . . . . . . . . . . . S 6,946,035.91

LIABILITIES Demand deposits................. . Time depostta.....................$ Deposita of U.S. Government ..... . DeJ!Ol!i~s of States and political aub-
divistons ...................... . Deposits of banks ................ . Otlier deposita (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances eltecuted by or for ac-
count of this bank and outatand ing ........................... . Other liabilities.................. .. Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

None 5,561,489.50
5,124.05 243,256.54
None None None
None 175.01 200,000.00 300,000.00 635,990.81
None

Total Liabilities............... $ 6,946,035.91

FORTY-FIRST ANNUAL REPORT

17

STATEMENT Showing condition at the close of business December 31, 1960, of

RICHMOND COUNTY BANK Augusta, Ga.

As called for by the Superintendent of Banks

BARNEY L. JORDAN, President.
Date of Charter: 5-25-1955

HENRY B. McNORRILL, Cashier.
Began Business: 11-18-1955

ASSETS Cub, balances with other hanks, in-
cludin~ reserve balances, and cash items tn proceas of collection..... $ United States Government oblige,.
tiona, direct and guaranteed......
0~~~~7on0:. -~~~~. ~~. ~~~~.a.1
Other bonds, notes, and debentures. . Co_l]IOrate 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
premiaea..... . . . . . . . . . . . . . . . . . . . Investments and other aaaets indi-
rectly representing bank premiaea or other real estate.............. Customers' liability to this bank on acceptances outstanding.......... Other Aaaets......................

446 ,054 . 69

800,625.24

211 30

020907

3010

None

1,118,043. 76

68, 549 . 12

None

None
None 21,404.37

Total Aaaets............... $ 2,695.974.49

LIABILITIES Demand deposits................. $ Time depostts.................... . Deposits of U. S. Government..... . DeJ!OI!i~s of States and political sub-
divistona ...................... . Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances ezecuted by or for ac-
count of this bank and outstanding........................... . Other liabilities ..................
~::;!f~!.::::: :::::: ::::: :::: :::::
Undivided profits................. . Reserves ........................ .

893,785.62 448,901.16
11,216.71 248,107.18 719,921.46
16,526.86 None
None 166,378.24 100,000.00 50,000.00 41,137.26
None

Total Liabilities............ $ 2,695,974.49

STATEMENT

Showing condition at the close of business December 31, 1960, of

AUSTELL BANK Austell, Ga.

As called for by the Superintendent of Banks

MRS. FLORENCE M. CHILDS,
President. Date of Charter: 1-3-1910

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

ASSETS

Cub, balances with other banks, in-

cludin~ reserve balances, and cash

itemsm process of collection...... $ 995,401.43

United States Government obliga-

tions, direct and guaranteed ..... . 1,725,319.06

0~~\~~fonO:. -~~~. ~~- .~~i~~~-1 1,079,714.36

Other bonds, notes, and debentures..

255,150.00

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ............. 1,658,090.23

Bank premises owned, furniture and

fiztures........................ .

76,597.38

Real estate owned other than bank

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

None

Investments and other aaaets indi-

rectly representing bank premises

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

None

Customera' liability to this bank on

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

None

- - - - - - Other Aaaets ..................... .

1,164.55

Total Aaaets .................. $ 5, 791,437.01

LIABILITIES Demand deposits................. $ Time depostts.................... . Deposits of U.S. Government ..... . DeJ!OI!i~s of States and political sub-
divietons ...................... . Deposits of banks ................ . Otller 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 ........................ .

2,785,716.08 2,257,956.28
91,923.43 289,996.87
None 28,865.62
None
None None 150,000.00 100,000.00 86,978.73 None

TotalLiabilities............. $ 5,791,437.01

18

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE CITIZENS AND SOUTHERN DEKALB BANK Avondale Estates, Ga.

As called for by the Superintendent of Banks

EUGENE T. JOHNSON, President.
Date of Charter: 11-16-1948

WILLIAM D. SKINNER, Cashier.
Began Business: 8-18-1949

ASSETS Cash, balances with other banks, in-
cludillJ reserve balances, and cash items tn process of collection...... I United States Government obligations, direct and guaranteed ..... . Obliga~u~n~ of States and politieal
BUbdiVlBIODB .......
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 aaaeta indi-
rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaeta..................... .
Total Aaaeta . . . . . . . . . . . . . . . . . I

488,427.18 1,370,085. 91
168,747.46 None
3,000.00 2,210,880.92
49,083.77 None
None None 8,216.31 4 ,298, 441. 55

LIABILITIES Demand depoeits................. I Time depostts.................... . Deposits of U.S. Government..... .
De.B~!t~.:f. ~~~~~~. ~~. ~.l~t.i~~~ ~~~
Deposita 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 .................. .
~:~~f:!:::: :::::: :::: :: :: ::::: :::
Undivided profits................. . Reserves ........................ .

2,199,176.08 1,264,151.85
84,747.50 62,160.57
None 22,788.72
None
None 248,342.16 200,000.00 100,000.00 60,464.63 56,610.04

Total Liabilities.............. I 4,298,441.55

STATEMENT Showing condition at the close of business December 31, 1960, of

THE CITIZENS BANK AND TRUST COMPANY Bainbridge, Ga.

As called for by the Superintendent of Banks

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

W. W. EMANUEL, Cashier.
Began Business: 12-19-1911

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed ..... . Obliga~io_n~ of States and political
SUbdlVlBlODS .......... , .
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve :Bank) .......... . Loans and discounts (including over-
drafts) ........................ .

1,639,930.29 3,301,323.53
115,555.81 None
9,000.00 1,856,888.25

Bank premises owned, furniture and fixtures........................ .

92,146.56

Real estate owned other than bank premises....................... .
Investments and other assets indi-
~~c~~e~e~::r;~~~~:. ~~nk..prerni~cs

None None

Customers' liability to this bank on

acceptances outstanding....

None

Other Assets...................... ___1_9_,_9_72_._9_1

Total Assets ................. S 7,034,817.35

LIABILITIES Demand deposits................. I Time depostts.................... . Deposits of U.S. Government ..... .
D'J:~T!!~n~f ~~~~~s. ~nd. ~.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 .................. .
~\~~f:!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

2,933,367.86 2,167,217.22
133,712.70 1,099,699.29
295,733.81 16,978.22 None
None 25,104.81 100,000.00 225,000.00 38,003.44
None

Tota!Liabilities............. I 7,034,817.35

--------------- FORTY-FIRST ANNUAL REPORT

19

STATEMENT

Showing condition at the close of business December 31, 1960, of

CITIZENS BANK Ball Ground, Ga.

As called for by the Superintendent of Banks

B. R. JONES, President.
Date of Charter: 9-28-1926

EVERETTE CARTER, Cashier.
Began Business: 10-1-1926

ASSETS Caah, balances with other banks, in-
cludinjl reserve balances, and cub items 1n proceaa of collection.. - ... S United States Government obligations, direct and guaranteed ..... . Obliga~iop~ of States and political aubd.tvl8tona ................... . Other bonds, notes, and debt'ntures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ..................... - - - . Bank premises owned, furniture and fixtures...... - . - ....... - ..... - - . Real t'8tate owned other than bank
premist'B..... - . - - - - - . - - - - - lnvt'8tmente and other aaaets indi-
rectly representing bank premises or other real estate ........... - .. Customers' liability to this bank on acceptanct'8 outstanding......... . Other Aaaeta.................... .

194,369.19 828,372.81
21,673.73 62,984.38
None 471,167.70
2,767.66 500.00
None None None

Total Aaaeta .............. S 1, 581 835 .47

LIABILITIES D<'mand depoaita................. S Time depoats.................... _ Deposits of U. S. Govt'rnment . . . . . .
D':lrv/!~~n~f- ~~~- ~~~- ~-l~t-i~~~ ~~~
Deposits of banks ..... ____ ... __ ...
Other deposita (certified and officers' checks, etc.) .......... __ . _..... .
Bills payable............ _........ . Aceeptances executed by or for ac-
count of this bank and outstanding ... _....................... . Other liabilities ............ _..... . Capital.. ........................ . Surplus ......................... . Undivided profits .. _... __ . _....... .
Reserves ........................ .

793,105.89 328,419.49
37,742.33
178,854.05 None
2, 750.00 None
None 6,060.00 45,000.00 45,000.00 99,903.71 45,000.00

Total Liabilitit'8............. S 1,581,835.47

STATEMENT

Showing condition at the close of business December 31, 1960, of

BAXLEY STATE BANK Baxley, Ga.

As called for by the Superintendent of Banks

STATEN S. LEWIS, President.
Date of Charter: 8-23-1917

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

ASSETS

Cash, balanet'S with other banks, in-

cluding reserve balances. and cash

itt'ms in process of collection .. _... S 373,9lii.J4

United Stat<'S Government obliga-

tions, direet and p;uaranteed ___ ... 1,683,812.38

Obligat.io.n~ of States and political

subdnsons ................... .

181,555.33

Other honda, notes. and debentures..

None

Corporate stocks (induding stock of

Federal Reserve Bank) .. ___ ..... .

None

Loans and discounts (including over-

drafts). __ . - ........ - - . - - - - - . - - . 1,133,790. 78

Bank premises owned, furniture and

fixtures........................ .

40,546.14

Real estate owned other than bank

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

None

Investments and other assE'ts indi-

rectly representinlil; bank premises

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

None

Customers' liability to this bank on

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

None

Other

Assets ....

-

....

-

.....

-

.

-

...

.

-

-

-

None
--

Total Assets.................. S 3,413,617.77

LIABILITIES Dt'mand deposits ... _...... __ ..... S Time deposits. __ . _____ .. _. ____ ... .
Deposits of U.S. Government .. _.. .
D'Jl~T!l~n~f- Stat~- ~~~- ~-ol~t-i~~l- ~u~
Deposits of hanks ________ .. _____ . _
Other deposits (certified and officers' rherks, etr.) ................... .
Bills payable ............ ______ ... . AcC'eptanres executed by or for ac-
count of this bank and outstanding ........................... . Other liabiliti<'s ............. _.... Capitnl. ......................... . Surplus_ ................... _- - - .. t'ndivided profits..... _........... . Reserves ........................

2,094,601.48 623,996.30 7,642.25
238,925.91 121,144.81
20,453.35 None
None 40,509.66 75,000.00 75,000.00 79,949.84 36,394.17

Total Liabilities........ _.... S 3,413,617.77

20

DEPARTMENT OF BANKING

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

STATEMENT

Showing condition at the close of business December 31, 1960, of

BLACKSHEAR BANK Blackshear, Ga.

As called for by the Superintendent of Banks

LEO J. ALLEN, President.
Date of Charter: 7-7-1892

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

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~~~ of States and political eubdivtstona.................... 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
Othac;:;.ec~~-~~~~~~~::::::::::

706,936.50 1,241,212.42
None 34 ,850 .00
6,000.00 1 '059 ' 587 .58
54,152.29 None
None
~~~=

Total Assets.................. $ 3,102,738.79

LIABILITIES Demand deposits................. $ Time depoo1ts .................... . Deposito of U.S. Government ..... . DeJ!~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~f~!.::: ::::: :: ::: :: :::: :: ::::
Undivided profits................. . Reserves ........................ .

1 '168,553.52 1,278,836.87
21,290.69 212,042.12
74,944.48 578.74 None
None 804.70 100,000.00 100,000.00 140,911.60 4,776.07

Total Liabilities.............. $ 3,102, 738.79

STATEMENT

Showing condition at the close of business December 31, 1960, of

PEOPLES BANK Blackshear, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection...... $ 419,715.89

United States Government obligations, direct and guaranteed ..... . 1,141,250.94

0~~Y:C.~o:i. -~~~. ~~. ~~~~c_a_J 260,804.61

Other bonds, notes, and debentures..

None

"Co_lllOrate stocks (including stock of Federal Reserve Bank) ..........

None

Loans and discounts (including overdrafts) ........................ . 1,156,452.33

Bank premises owned, furniture and

fixtures........................ .

36,400.00

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

None

OtahcceerpAssetantcse.s.o.u.t.s.t.a.n.d.i.n.g..............

..._

_

_

None _ __

TotalAsseta ................. $ 3,014,623.77

LIABILITIES Demand deposits................. $ Time deposito.................... . Deposita of U. S. Government ..... . De~i~a of States and political sub-
divisions ...................... Deposita of banks................ . Other deposito (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 ........................ .

I, 155,635.29 1,177,823.90
120,129.57 153,327.21 90,272.03
932.80 None
None None 50,000.00 100,000.00 166,502.97 None

TotalLiabilities.............. $ 3,014,623.77

FORTY-FIRST ANNUAL REPORT

21

STATEMENT Showing condition at the close of business December 31, 1960, of

UNION COUNTY BANK Blairsville, Ga.

As called for by the Superintendent of Banks

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

CATHERINE D. JARRETT, Cashier.
Began Business: 3-1-1950

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection...... $ 537,339.67

United States Government obliga-

tions, direct and guaranteed ..... .

468,747.66

Ohligat~o!"1 of States and political

subd.iVIStons . . . . . . . . . . . . . . . . . . . .

9,915.34

Other bonds, notes, and debentures..

230,000.00

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

560,305.07

Bank premises owned, furniture and

fixtures ........................ .

17,910.89

Real ~state owned other than hank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this hank on

Ot~e,C~;;.s.

~~~t~~.~i~~:::

:

:::

::

:

-

-

-

a:~~;
--

Total Assets .................. $ 1,824,605.36

LIABILITIES Demand deposita..................$ Time deposts.................... . Deposits of U.S. Government ..... .
Ddl~~!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.................. .
~:r~}:!. :: :::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

918,400.04 573,030.80
27,742.30 169,618.78
None 3,558.28
None
None 8,256.42 50,000.00 40,000.00 33,998.74
None

Total Liabilities. . . . . . . . . . . . . . $ 1,824, 605. 36

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF EARLY Blakely, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~io.n~ of States and political subdtvtstons ................... . Other bonds, notes, and debentures. .
Corporate stocks (including stock of Federal Reserve Bank) .......... .
Loans and discounts (including overdrafts) . . . . . .. . . . . . . . . . . . . . . . . . .
Bank premises owned, furniture and fixtures.........................
Real estate owned other than bank premises..... . . .. . . . . . . .. . . . . . . .
Investments and other assets indi-
rectly representing bank premises or other real estate............. .
Customers' liability to this bank on
Ot~~e=~~.~~~~t~~.~i~~::::::::::

519 ,438. 23 1, 106, 186.50
None 1. 00 None
547,595. 28 31,304.49
None
None None 1,941. 79

Total Aaseta .................. $ 2,206,467.29

LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposita of U.S. Government ..... .
Ddl~~~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 outatand ing ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

978,873.34 695,992.07
82,339.74 274,934.35
None 3,517.33
None
None 594.00 50,000.00 75,000.00 45,216.46
None

Total Linbilities............... $ 2,206,467.29

22

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

FIRST STATE BANK OF BLAKELY Blakely, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed ..... . Obligat,io,n~ of States and political
BUbdlVISIOnS , . , ....... ,
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
ln~:r'm~i~ ~;,d ~t'h~r' .:..;,~i~ i~.ii~ rectly representing bank premises or other real estate ............. . Customers' liability to this bank on
acceptances outstanding......... . Other Assets..................... .
Total Assets .................. I

944,296.68 1,357,551.15
68,789.80 1.00 None
1,002,868.45 9,076.66 None
None None 1.00 3 ,382 ,584 .74

LIABILITIES Demand deposits.................. I Time deposits.................... . Deposits of U.S. Government ..... .
D'Jl~T!!~n~f ~~~~~s. ~~~- ~-l~t.i~~~. ~~~
DejiOSits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~~pil~!.... :: : : : : : : : : : : : : : : : : : : :: : :
un'divided profits................. . Reserves ........................ .

1,588,963.96 1 '189, 790.63
28,153.95 148,904.96
None
8,356.79 None
None 20,785.92 100,000.00 100,000.00 116,679.68 80,948.85

Total Liabilities.............. I 3,382,584.74

STATEMENT Showing condition at the close of business December 31, 1960, of

FANNIN COUNTY BANK Blue Ridge, Ga.

As called for by the Superintendent of Banks

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

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

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~o.n~ of States and political
8UbdlV1810D8 , .. , .
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....................... . In,estm~nts and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets .................. I

1,217,188.01 1,077,266.00
273,010.75 None None
812,220.75 3,001.00 1.00
None None 1,184.07 3, 383 871 .58

LIABILITIES Demand deposits.................. I Time depos1ts.................... . Deposits of U.S. Government ..... .
D~!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 ........................ .

1,134,038.29 1,554,829.01
57,525.84 333,548.03
None 22,710.79
None
None 7,154.35 100,000.00 100,000.00 69,065.27 5,000.00

Total Liabilities.............. I 3,383,871. 58

FORTY-FIRST ANNUAL REPORT

23

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

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

STATEMENT

Showing condition at the close of business December 31, 1960, of

PEOPLES BANKING COMPANY Boston, Ga.

As called for by the Superintendent of Banks

J. E. CROMARTIE,

MARY R. LEAK,

President.

Cashier.

---D=at=e =of=C=h=ar=te=r:=1=-2=9-=19=47=======7=========B=eg=an==Bu=s=in=es=s:=4=-1=-1=94=7 =

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

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

94,880.59

United States Government obliga-

tions, direct and guaranteed ..... .

120,000.00

Obligat.io.n~ of States and political

8UbdlV1810DS .. , ...

None

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

180,431.!3

Bank premises owned, furniture and

fixtures ........................ .

6,141.81

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. . . . . . . . . . . . . . . . . . . . . . - ------6-09-.-71-

Total Assets .................. $ 402,063.24

LIABILITIES Demand deposits................. $ Time depos1ts.................... . Deposits of U. S. Government . . . . . .
D'rvr!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 .................. . Capital. ......................... . Surplus ........................ .. Undivided profits................. . Reserves ........................ .

216,579.31 86,383.32 8,574. 79 36,736.43 None None None
None 1,250.00 25,000.00 10,000.00 17,539.39
None

Total Liabilities.............. $ 402,063.24

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE COMMERCIAL BANK Bowdon, Ga.

As called for by the Superintendent of Banks

W.C.ROOP, President.
Date of Charter: 9-22-1926

W. A. BOWMAN, JR. Cashier.
Began Business: 9-20-1926

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io}'~ of States and political
subdtvJBlODB .
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..................... .

842,316.09 1,039,914.94
69,759.67 None None
1,375,656.99 45,000.00 None
None None None

Total Assets .................. $ 3, 372, 647. 69

LIABILITIES Demand deposits................. $ Time depos1ts.................... . Deposits of U. S. Government ..... .
D'rvT!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 ........................ .

2,119,197.23 886,427.01 14,300.00 60,339.47 None 12.93 None
None 66,130.50 50,000.00 100,000.00 50,000.00 26,240.55

Total Liabilities.............. $ 3,372,647.69

24

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

BRASELTON BANKING COMPANY Braselton, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Caah, balances with other baDka, in-

cludinfE reserve balances, and cash

items tn procesa of collection...... S 151,714.65

United States Government obliga-

tion~~, direct and guaranteed ..... .
Ob=:o::..~~~. ~~~..~~~~~

455,509.19 None

Other bonds, notes, and debentures..

None

Corporate atocka (including stock of

Federal Reaerve Bank) .......... .

None

Loans and discounts (including over-

drafts) ....................... ..

122,197.59

Bank premiaea owned, furni!.tre and

finurea........................ .

3,887.68

Real estate owned other than bank

premiaee . . . . . . . . . . . .

None

Inveatmenta and other aaaeta indi-

:"!~be~== ~. ~~~

None

Customers' liability to this bank on

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

None

- - - - - Other Aeeeta..................... .

None

Total Aeeeta .................. S 733,309.11

LIABILITIES Demand deposita................. S Tinte depoatta.................... . Deposita of U.S. Government..... . De~i~ of States and political aub-
diviatona ...................... . Deposita of banks............... .. Other deposita (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances ezecuted by or for ac-
count of this bank and outstanding.......................... .. Other liabilities .................. .
~e!::::::::::::::::::::::::::
Undivided profits................. . Reserves........................ .

404,578.58 140,000.00
None 54,100.00
None 6,750.00
None
None None 25,000.00 75,000.00 27,880.53 None

Total Liabilities.............. S 733,309.11

STATEMENT Showing condition at the close of business December 31, 1960, of

COMMERCIAL & EXCHANGE BANK Bremen, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cub, balances with other baDka, in-

cludiDfE reserve balances, and cash items tn procesa of collection...... S

1,751,853.58

United States Government obllaatioDII, direct and guaranteed ..... .

1,703,974.75

.. 0~~~~~0:.: ~~~. ~~ .~~~~ 270,953.01

Other bonds, notes, and debentures..

None

Corporate atocka (including stock of Federal Reserve Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ . 1,326,640.36

Bimk premises owned, furniture and fiztures....................... ..

30,330.05

Real estate owned other than bank premiaea....................... .

None

InVestments and other aaaeta indi-

rectly representing bank premiaea or other real estate............. .

None

Customers' liability to thia bank on aeceptancea outstanding......... .

None

Other Aeeeta...................... _ _ _2_1_7, _84_4._8

s TotalAaaeta .................. 5,105,536.23

t..IABILITIES Demand deposita................. S Tinte deposita.................... Depoaita of U. S. Government ....
DecC~n~~ ~~~. ~~ ~~~~i~~ ~~~
Dej)OIIita of banks ................ . Other depoaita (certified and ollieers'
checka, etc.) ................... . Billa payable..................... . Acceptances ezecuted by or for ac-
count of this bank and outstanding.......................... .. Other liabilitiea.................. .
~e!.:::::::::::::::::::::::::
Undivided profits................. . Reaervea .......................

2,952,396.19 963,119.41 501,639.22 326,787.91 29,126.30 9,290.05 None
None 514.79 100,000.00 150,000.00 44,662.36 28,000.00

Total Liabilitiea.............s 5,105,536.23

FORTY-FIRST ANNUAL REPORT

25

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS & MERCHANTS BANK Brooklet, Ga.

As called for by the Superintendent of Banks

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

H. M. ROBERTSON, JR., Cashier.
Began Business: 2-17-1948

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ......$ United States Government obligations. direct and guaranteed ..... .
o~~f:J\~i~lon~f. -~t~.t~~. ~~-d.. ~~~i~~~~l
Other bonds, notes, and debentures.. Corporate storks (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..................... .

434,973.31 511,451.00
None None None 503,114.51 9,056.00 None
None None None

Total Assets..................$ 1,458,594.82

LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D'Jl~i!!~n~~ ~~~~~s. ~~~ ~l~~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~t~~::::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

703,410.89 527,086.37
593.75 56,496.92
None 11.620.20
None
None 6,249.96 25,000.00 75,000.00 33,136.73 20,000.00

Total Liabilities............... $ 1,458,594.82

STATEMENT

Showing condition at the close of business December 31, 1960, of

HARALSON COUNTY BANK Buchanan, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with ot.her banks, in-

cluding reserve balances, and cash

items in process of collection...... $ 540,132.59

United States Government obliga-

tions, direct and guaranteed ..... .

731,865.84

o~::r:;i~~Ton~f. -~~~~~. ~~~- .~~~i~~':".l 30,358.50

Other bonds, notes, and debentures..

49,968.75

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

569,266.02

Bank premises owned, furniture and

fixtures........................ .

21,149.28

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

None

Total Assets .................. $ 1, 942 , 741. 98

LIABILITIES Demand deposits................. $ Time depos1ts.................... . Deposits of U. S. Government . . . . . . De~i~s of States and political sub-
d.ivistons ...................... . Deposits of 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~!.::: :::::: ::: :: :::: ::: ::: :
unlvided profits................. . Reserves ........................ .

1,132,113.65 290.385.20 15,011.13 291,990.50 None 7,653.86 None
None None 40,000.00 60,000.00 95,000.00 10,587.64

Total Liabilities.............. $ 1,942,741.98

26

DEPARTMENT OF BANKIN-G--------------------

STATEMENT

Showing condition at the close of business December 31, 1960, 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 proceBB of collection ...... I 424,747.61

United States Government obliga-

tions, direct and guaranteed ..... .

501,709.67

Obliga~io_n~ of States and political

8UbdlV18l0DB . ................

165,960.38

Other bonds, notes, and debentures..

119,937.50

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

848,977.72

Bank premises owned, furniture and

fixtures........................ .

2.00

Real estate owned other than bank

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

4.00

lnvestments 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-on-e

Total Assets..................1 2,061,338.88

LIABILITIES Demand deposits................. I Time depos1ts.................... . Deposits of U.S. Government ..... .
D~~!~n~f. ~~~~~s. ~~~. ~.~t.i~~~. ~~~
Deposits of banks................ . 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 ........................ .

941,864.13 412,873.76 24,171.35 544,843.11
15,372.25 7,171.87
None
None None 50,000.00 50,000.00 5,042.41 None

Total Liabilities.............. 1 2,061,338.88

STATEMENT Showing condition at the close of business December 31, 1960, of

BUFORD COMMERCIAL BANK Buford, Ga.

As called for by the Superintendent of Banks

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

FORREST PUCKETT, Cashier.
Began Business: 2-11-1946

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ..... :6 United States Government obligations, direct and guaranteed. . . . . .
ob;:s:Nri~~on".!..~t~~~~. ~nd.. ~~~it~cal
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
Ot~~e~~~~~=~. 0 ~~s.t~~~.i~~--:::::::::

342,017.32 1,008,055.13
229,084.35 None 1 00
748,490.62 11,805.58 None
4, 799. 96 None
3, 717.75

Total Assets .................. I 2,347, 971.71

LIABILITIES Demand deposits................. I Time depos1ts.................... . Deposits of U.S. Government ..... .
D';f;~~!~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 ........................ .

1,404,592.31 430,906.20 80,816.15 206,151.10 None None None
None 13,217.58 100,000.00 50,000.00 62,288.37
None

Total Liabilities.............. I 2,347 ,971. 71

-------------------F-ORTY-FIRST ANNUAL REPORT

27

STATEMENT

Showing condition at the close of business December 31, 1960, 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-
eluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~io,n~ of States and political
subdtVlSIODS ..... , . , ...... , .... .
Other hoods, 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................... .

Total Assets ......... .

.s

846,986.94 735,147.67
None 99,937.50
None 799,792.20
16,922.56 None
None None None 2,498,786.87

LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D'd;~~l~n~f. S~ates_ a~~- ~o.liti~~~ ~ut.:'
Deposits of 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 ................... .

1,042. 741.73 723,311.87 15,329.70 314,493.62 114,298.32 11,891.55 None
None 14,690.26 100,000.00 100,000.00 30,031.61 31,998.21

Total Liabilities..... .

s 2,498,786.87

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF BYROMVILLE Byromville, Ga.

As called for by the Superintendent of Banks

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

J.D. LESTER, JR.,
Cashier. Began Business: 7-26-1920

ASSETS

Cash, balances with other banks, in-

eluding reserve balances, and cash

items in process of collection......S 191,200.58

United States Government obliga-

. . tions, direct and guaranteed ..... .
O~l:.e:l::ono:. -~~~~ ~~~- ~~~~~

237,931.50 10,000.00

Other bonds, notes, and debentures..

190,165.63

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

104,759.53

Bank premises owned, furniture and

finures........................ .

5,796.32

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

- - - - - - Other Asaets.. . . . . . . . . . . . . . . . . . .

526. 84

Total Asaets .................. S 740,380.40

LIABILITIES Demand deposits................. S Time deposits.................... . Deposito of U.S. Government ..... DeJ!OI!i~ of States and political sub-
divialona ...................... . Deposits of 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........................ .

452,222.01 91,943.53
387.96 106,490.03
None 237,88
None
None 5,802.45 30,000.00 20,000.00 33,296.54
None

Total Liabilities.............. S 740,380.40

_28________________-=D~E=P~A~R~T~MENT OF-=B~AN~KI==N~G~-----------------

STATEMENT Showing condition at the close of business December 31, 1960, of

CAIRO BANKING COMPANY Cairo, Ga.

As called for by the Superintendent of Banks

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

G. G. THOMAS, JR., Cashier.
Began Business: 1-1-1900

ASSETS Cash, balances with other banks, in-
cludinJ reserve balances, and caah items m process of collection...... S United States- Government obligations, direct and guaranteed ..... .
01>,.~\~fs~onO:. -~~~. ~~~ .~~i~~".".1
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discount& (including over-
draft&) ........................ . Bank premises owned, furniture and
fixtures........................ .
Real estate owned other tban bank premises....................... .
Investment& and other aaeete indirectly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outetanding......... .
Other Aaaete..................... .

2,054,658.49 1,525,943.19
300,834.09 None None
2,119,724.10 21,000.00 23,500.00
None None 3,954.90

TotalAaaete.................. S 6,049,614.77

LIABILITIES Demand deP.OBite..................S Time depoe1ts.................... . Deposits of U. B. Government .....
D~~f. ~~~~~- ~~~ ~~~i~~ ~~~
Deposita of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bille payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... .
Undivided profits................. . Reserves ........................ .

3,011,899.45 2,162. 795.39
69,656.12
320,135.11 1,739.27
32,480.16 None
None 11,408.00 150,000.00 100,000.00 189,501.27
None

Total Liabilities...............S 6,049,614.77

STATEMENT Showing condition at the close of business December 31, 1960, of

CITIZENS BANK Cairo, Ga.

As called for by the Superintendent of Banks

J. C. MINTER, President.
Date of Charter: 12-3-1903

LUCILE S. MAXWELL, Asst. Cashier.
Began Business: 1-1-1904

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and caah items in procesa of colll'Ction...... S United States Government obligations, direct and guaranteed...... Obligat.io.n~ of States and political
SUbdlV1810nS. . . . . . . . . . . .
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 asaeta indi-.
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . .

766,061.35 1,614,441.42
185,310.75 None None
546,292. 89 25,988.00
None
None None 463. 13

Total Assets .................. S 3 , 138, 557. 54

LIABILITIES Demand deposits................. S Time deposits.................... . Deposits of U. B. Government . . . . . .
D':Il~T!~!n~f. ~~~~s. ~~~. ~.l~t.i~~~ ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... .
Acceptances executed by or for account of this bank and outstanding ........................... .
Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,320,516.54 I, 126,068.26
50,766.20
314,622.09 100,089.45
6,967.03 None
None None 50,000.00 100,000.00 69,527.97 None

s Total Liabilities............... 3,138,557.54

FORTIETH ANNUAL REPORT

29

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF CAMILLA Camilla, Ga.

As called for by the Superintendent of Banks

RAYMOND T. MUGGRIDGE, JR., President.
Date of Charter: 11-4-1889

LORA D. STARK, Cashier.
Began Business: 1-2-1890

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection .......S 844,767.59

United States Government obliga-

tions, direct and guar_nteed ..... .

687,158.62

Obligs~io.n~ of States "knd political
8UbdlVISIOD8 ....
Other bonds, notes, and debentures..

108,025.67 None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

865,959.47

Bank premises owned, furniture and

fixtures..................... .

27,646.33

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 .................. $ 2,533,558.68

LIABILITIES Demand deposits.................. $ Time depositS .................... . Deposits of U.S. Government ..... .
D'Jfv'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................. . Reserves ........................ .

954,677.67 823,416.98
5,653.12 535,977.41 "15,000.00
23,653.79 None
None 5,123.94 100,000.00 50,000.00 20,055.77
None

Total Liabilities.............. S 2,533,558.68

STATEMENT

Showing condition at the close of business December 31, 1960, of

PLANTERS & CITIZENS BANK Camilla, Ga.

As called for by the Superintendent of Banks

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

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

ASSETS

Cash, balances with other banks, in-

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

I.010.488. 89

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

1,611,840. 97

Obligat_io.n~ of States and political
8UbdlV18lOD8 ....... , , ,
Other bonds, notes, and debentures..

None None

Corporate stocks (including stock of Federal Reser.-e Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ .

I. 729.091.37

Bank premises owned, furniture and fixtures........................ .

77,501.00

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

None

Investments and other assets incli-

rectlv represent.in~~: bank premises

None

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

Customers' liability to this bank on

None

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

None

Other Assets...................... - - - - - -

Total Assets .................. $ 4,428,922.23

LIABILITIES Demand deposits................. S Time depos1ts.................... . Deposits of U.S. Government ..... .
D'JiZ'i~~!n~f ~~~tes ~~~. ~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 outstandinp; . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other liabilities .................. . Capital. ......................... . Surrlus ......................... . Undivided profits................. . Reserves ........................ .

1,596,120.03 1,818,130.07
72,905.17 617.708.46
None 36,058.50
None
None None 100,000.00 150,000.00 38,000.00 None

Total Liabilities.............. s 4 ,428, 922.23

30

DEPARTMENT OF B:c:cA=-=N-'-'K-'I=N..:..;G::_ _ _ _ _ _ _ _ __

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF CANTON Canton, Ga.

As called for by the Superintendent of Banks

E. 0. McFATHER, President.
Date of Charter: 11-17-1892

L. L. McCANLESS, Cashier.
Began Business: 12-18-1892

ASSETS Cash, balances with other banks, in-
cluding reserve balanres, and cash items in process of collection...... S United States Government obligations, direct anrl guaranteed ..... . Obligat.io.n~ of States and political
SUhdlVlSlOOS .................
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 C'State ............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

704,898.16 2,925,122.87
669,531.52 209,950.00
None 1,999,914.81
55,495.36 None
None None 2,775.41

Total Assets ................. S 6,567,688.13

LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U.S. Government ..... .
D'Ji~'i~~~n~f ~t~tes. ~nd. ~.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 ........................ .

2,378,863.25 2,552,458.49
229,294.89 594,473.17
99,178.00 22,982.56
None
None 199,740.84 200,000.00 200,000.00 70,696.93 20,000.00

Total Liabilities.............. S 6,567,688.13

STATEMENT Showing condition at the close of business December 31, 1960, of

ETOWAH BANK Canton, Ga.

As called for by the Superintendent of Banks

H. G. VANDIVIERE, President.
Date of Charter: 1-22-1927

N. E. FACKLER, Cashier.
Began Business: 1-29-1927

ASSETS Caab, balancea with other banks, in-
cluding reserve balances, and cash items in proeeas of collection...... S United Statea Government obligations, direct and guaranteed ..... .
0~!f:J\~Ton0:..~~~. ~~~.. ~~i~~~~
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reaerve Bank) .......... . Loans and diaeounta (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 Aaseta..................... .

811,991.01 2,632,351.55
540,409.52 None None
2,167,068.65 61,195.68 None
None None None

Total Aaseta .................. $ 6,213,016.41

LIABILITIES Demand deposits................. S Time deposits.................... . Deposits of U.S. Government..... .
D':fi~T~~~n~f ~~~~s. ~~.~ ~l~t.i~~~ su~
Deposits of 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................. . Reaerves ........................ .

2,289,260.00 2,884,693.42
67,755.47 454,801.34
42,617.26
8,987.07 None
None 5,257.35 100,000.00 200,000.00 149,644.50 50,000.00

Total Liabilities.............. $ 6,213,016.41

FORTY-FIRST ANNUAL REPORT

31

STATEMENT
Showing condition at the close of business December 31, 1960, of
CARNESVILLE STATE BANK Carnesville, Ga.

As called for by the Superintendent of Banks

JOHN H. LATHAM, President.
Date of Charter: 7-18-1960

HENRY B. HAYES, Cashier.
Hegan Business: 8-1-1960

ASSETS

Cub, balances with other banks, in-

cludinjl reserve balances, and caah

items 1n proeeea of coJier.tion...... I 386,426.89

United States Government obliga-

tions, direct and guaranteed ..... .

40,000.00

~~f::J\~fs~o::. -~~~. ~~~- .~~i~~".".l

None

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loana and diocounta (including over-

drafts) ..................... ..

78,703.55

Bank premiaea owned, furniture and

fb:turea................ ...

2,467.79

Beai estate owned other than bank

premioea....................... .

None

Investments and other aaaeto indi-

~~~~b6~r::r:::~~=- ~~- ~r~~~~~

None

Customers' liability to this bank on

acceptance& outatanding. . . . . . . . . .

None

- - - - - Other .Aaaeto......................

1, 742.81

Total Aaaeta .................. I 509, 341. 04

LIABILITIES Demand deposita.............. I Time depoata.................... Deposito of U.S. Government ..... .
D"rvl!!!n~f. ~~~~ ~~~- ~l~t.i~~~ ~~~
Deposita of banka ................ . Other deposita (certified and officers'
checks, etc.) .................. .. Billa payable..................... . Acceptances executed by or for ac-
count of thia bank and outstanding........................... . Other liabilities................... . Capital. ......................... . Surplus......................... . Undivided profits................ .. Reserves ........................ .

342,046.87 63,929.37 3,112.87 25,000.00
None 201.00
None
None 214.57 50,000.00 15,000.00 9,836.36
None

Total Liabilities.......... I 509,341.04

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE PEOPLES BANK Carrollton, Ga.

As called for by the Superintendent of Banks

ROY RICHARDS, President.
Date of Charter: -11-10-1909

FRED HUTCHINS, Cashier.
Began Business: 12-1-1909

ASSETS

Cub, balances with other banks, in-

!liUdiDjl reserve balance.&, .and caah.

1tema 1n process of collection...... I 2,097,948.13

United States Government oblige-

tiona, direct and guaranteed..... . 1,615,042.19

Ob)jga~io;~~~ of States and politieal

8UbdiV1810n8 ................... .

276,664.98

Other bonds, notes, and debentures..

100,375.00

Corporate stoeka (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ . 1,968,132.63

Bank premises owned, furniture and

fixtures.....................

38,359.52

Real estate owned other than bank

premiaes....................... .

None

Inveatmenta and other aaoeta indi-

rectly representing bank premiaea

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

None

Customers' liability to thia bank on

acceptances outatanding......... .

None

- - - - - Other Aaaeto..................... .

None

Total Aaaeta ..................1 6,096,522.45

LIABILITIES Demand deposito................. I Time deposits.................... . Deposits of U.S. Government ..... .
~l!n~f. ~~~e.. ~~~- ~~~t~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Biiis payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profit&................. . Reserves ........................ .

4,519,817.62 462,815.68 206,400.67 397,233.70 50,430.66 5,937.81 None
None 108,194.38 100,000.00 100,000.00 50,188.15 95,503.78

Total Liabilities.............. I 6,096,522.45

32

DEPARTMENT OF BANKING

STATEMENT Showing condition at b.e close of business December 31, 1960, of

THE CARTERSVILLE BANK Cartersville, Ga.

As called for by the Superintendent of Banks

WALTER B. ATWATER, President.
Date of Charter: 12-20-47

HUGH I. JACKSON, Cashier.
Began Business: 11-19-1948

ASSETS Cash, balances with other banks, in-
eludi~ reeerve balances, and cash items 10 process of collection...... S United States Government obligations, direct and guaranteed . . . . . .
o~~=O:.f..~~~. ~~ .~~~e_a_I
Other bonde, notes, and debelltures.. Corporate stocks (including stock of
Federal Reserve Bank) ........ Loans and discounta (including over-
drafta) ........................ Bank premises owned, furniture and
fiztures........................ . Real estate owned other than bank
premises....................... . Investmenta and other asseta indi-
rectly representing bank premiaes or other real estate ............. . Customers' liability to this bank on acceptances outatanding.......... Other Asseta. . . . . . . . . . . . . . . . . . . . .

522,221.76 1 , 285, 254 . 50
110,472.13 None None
1,292,145.43 81,155.30 None
None None 11 ,545. 34

Tota!Asseta.......... S 3,302,794.46

UABIUTIES
Demand depoeita........ .... S Time depos1ta.................... . Deposita of U.S. Government ..... . De~i~ of States and political aub-
divistona ...................... . Deposita of banks................ . Other deposita (certified and officers'
cheeks, ete.) ................... Billa payable..................... Acceptances e:<eeuted by or for ac-
count of this bank and outatanding........................... . Other liabilities ..................
~f~!::::::::::::::::::::::::::
Undivided profita................. . Reserves ........................

1,123,765.27 1,331,433.19
61,465.34
407,691.91 None
14,463.54 None
None 48,038.51 100,000.00 200,000.00 15,936.70
None

Total Liabilities..... ... s 3, 302 , 794 .46

STATEMENT Showing condition at the close of business December 31, 1960, of

PEACHTREE BANK AND TRUST COMPANY Chamblee, Ga.

As called for by the Superintendent of Banks

B. DAVIS FITZGERALD, JR., President.
Date of Charter: 5-5-1960

ERNEST FULLER, Cashier.
Began Business: 5-6-1960

ASSETS

Cash, balances with other banks, in-

eludinJI items 1n

reserve process

balances, and of collection. .

c. a. s. hs

United States Government obliga-

tions, direct and guaranteed ..... .

Ob~!f!J\~{!~on':..~~~~. ~~..~~i~~~~

Other bonds, notes, and debentures.. Co~rate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fizturea........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
:"!~1.e~e~::;e,:~~~. ~~~. ~.~~i~

Customers' liability to this bank on acceptances outatanding......... .
Other Assets..................... .

227,996.96 320,738.26
None 100,320.32
None 642,557.66
16,976.81 None
27,413.82 None
19,069.95

Total Assets ............. . S 1.355,073. 78

LIABILITIES Demand depoeita................. S Time depos1ta.................... Deposita of U.S. Government ..... . De~i~a of States and political aub-
diviatona ...................... . Deposita of banks ................. . Other deposita (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances e:<ecuted by or for ac-
count of this bank and outstanding ........................... .
::: :::::::: ::::: ::: :::::: Other liabilities.................. .
~::::t:!.
Undivided profita................. . Reserves ........................

664,042.80 131,715.05
9,929.54 237,839.23
None 6,499.43
None
None 23,307.35 125,000.00 100,000.00 56,740.38
None

Total Liabilities.............. S 1,355,073.78

FORTY-FIRST ANNUAL REPORT

33

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

STATEMENT

Showing condition at the close of business December 31, 1960, of

COHUTTA BANKING COMPANY Chatsworth, Ga.

As called for by the Superintendent of Banks

R. E. CHAMBERS, President.
Date of Charter: 7-17-1901l

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 United States Government obligations, direct and guaranteed ..... .
ot;:~\~~~on~f' -~t~~. ~~~ . ~~~~~-~
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank).......... . Loans and discount& (including over-
draft&) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises . . . . . . . . . . . . . . . . . . . . . . . Investment& and other asseta indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outatanding......... . Other Aaseta..................... .

530,835.35 1,381,111.38
132,241.91 100,000.00
None 652,836.02
4,500.00 None
500.00 None None

Total Aaseta .................. S 2, 802 ,024 .66

LIABILITIES Demand deposita. . . . . . . . . . . . . . . . . S Time deposits.................... Deposits of U.S. Government .....
D~~t~~f. ~~~~~s. ~~~- ~~~~~~ ~~~
Deposits of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outatanding........................... . Other liabilities.................. .
~:r;t:!.:::::::::::::::::::::::::
Undivided profit&................. . Reserves ........................ .

1,309,080.14 978,055.58 52,383.77 250,777.76 None 732.59 None
None None 50,000.00 75,000.00 55,000.00 30,994.82

Total Liabilities.............. S 2,802,024.66

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF CHICKAMAUGA Chickamauga, Ga.

As called for by the Superintendent of Banks

W. H. EDWARDS, 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~1o.n~ of States and political
SUbdiVISIODS ..............
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-
:"!~te~er::r:~:~~~. ~~- ~r~~~
Customers' liability to this bank on acceptances outatanding......... .
Other ABBets..................... .

495,716.26 683,437.50 227,311.65
5,000.00 None
1,418,400.63 33,345.00 None
None None None

Total Aaseta................ S 2,863,211.04

LIABILITIES Demand deposita................ S Time depos1ts.................... Deposits of U.S. Government..... . De~!s of States and political sub-
divistoua ...................... . Deposita of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... Bills payable..................... Acceptances executed by or for ac-
count of this bank and outatanding ........................... . Other liabilities .................. . Capital.......................... . Surplus ......................... . Undivided profit&................. . Reserves ........................

926,938.24 1,096,883.16
210,408.70 353,294.03
None 4,209.02
None
None 16,200.00 50,000.00 100,000.00 45,277.89 60,000.00

Total Liabilities.............. S 2,863,211.04

34

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, 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 Caeh, balances with other banka, in-
cluding reaerve balancea, and cash items in proceaa of collection...... $ United Statea Government obligations, direct and guaranteed ..... . Obliga~iop~ of States and political aubdivJetona . .......... ........ . Other honda, notea, and debentures.. Corporate atocka (including stock of Federal Reaerve Bank) .......... . Loans and discounts (including overdraft.) ........................ . Bank premises owned, furniture and fixturea........................ . Real eatate owned other than bank premisea....................... . Inveatmenta and other aaaeta indirectly representing bank premiaea or other real eatate............. . Cuatomera' liability to this bank on acceptance outatanding......... . Other Aaaeta..................... .

774,106.10 977,883.64 265,625.74
None None 1,091,401. 77 41,139.95 None
None None None

Total Aaaeta .................. I 3 ,150 ,157. 20

LIABILITIES Demand depoaita.................. 1 Time depoatta.................... . Depoaita of U.S. Government ..... . DeJ!OI!i~a of Statea and political aub-
d.ivisJona . ..................... . Depoaita of banka................ . Other depoaita (certified and officers'
checka, etc.) ................... . Billa payable..................... . Acceptancea executed by or for ac-
count of this bank and outatanding........................... . Other liabilitiea .................. Capital. ......................... . Surplua......................... . Undivided profita................. . Reaervea........................ .

1,492,832.95 1,207,429. 75
64,644.91 110,660.92
None 5,177.55
None
None None 50.000.00 150,000.00 69,411.12 None

Total Liabilitiea.............. I 3,150, 157.20

STATEMENT

Showing condition at tne close of business December 31, 1960, of

THE CLAXTON BANK Claxton, Ga.

As called for by the Superintendent of Banks

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

AUBREY STRICKLAND,
Cashier. Began Business: 2-24-1941

ASSETS Caeh, balances with other banka, in-
clu~ reaerve balances, and cash item8ln proceaa of collection. . . . . . I United States Government obligations, direct and guaranteed......
0~~\~i~~onO.:. -~~~. ~~-. ~~i~~
Other bonds, notes, and debenturea..
Corporate atocka (including atock of Federal Reaerve Bank) .......... .
Loana and discounta (including overdrafta).........................
Bank premiaea owned, furniture and fixtures.........................
Real eatate owned other than bank premiaea........................
Inveatmenta and other aaaeta indi-
~~!~e~":'::r"O:~~:. ~~~- ~~~~
Cuatomera' liability to this hank on
Otha:e=~~-~~~~-~~.. :::::::::

1 , 171 ,664 .93 574,629.71 387,116.60 None None
1,466,099.46 12,628.81 None
None
:~::

Total Aaaeta .................. I 3,612 ,139. 51

LIABILITIES Demand depoaita................. 1 Time depoa1ta................... . Depoaits of U. S. Government ..... .
D';Wv"~l~n~f. ~~~~~- ~~~- ~-l~t~~~ ~~~
Depoaits of banks................ . Other depoaits (certified and oflicera'
checka, etc.) ................... . Billa payable......... ; ........... . Acceptancea executed by or for ac-
count of this bank and outatanding ........................... . Other liabilities.................. . Capital.. ........................ . Surplus......................... . Undivided profita................. . Reaervea ........................ .

1,720,341.52 1,183,810.64
42,705.76 304,484.13 25,037.41
18,195.93 None
None None 100,000.00 100,000.00 117,564.12 None

Total Liabilitiea.............. I 3, 612,139. 51

FORTIETH ANNUAL REPORT

36

STATEMENT Showing condition at the close of business December 31, 1960, 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-
cludinjl reserve balances, and cash items m process of collection ......$ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political
BUbdiVlSlODB . .................
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............. . Custnmers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

484,913.54 678,492.19 265,031.84
None None 862,326.28 50,202.08 None
None None None

Total Assets ................. $ 2,340,965.93

LIABILITIES Demand deposits................. $ Time depos1ts.................... . Deposits of U.S. Government..... .
De.fl~!t~~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 ........................ .

1,030,368.24 915,266.34 19,340.87 172,643.81 30,000.00 11,601.50 None
None None 50,000.00 75,000.00 23,609.96 13,135.21

Total Liabilities............. $ 2,340,965.93

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF CLAYTON Clayton, Ga.

As called for by the Superintendent of Banks

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

MISS P. D. BLECKLEY, Cashier.
Began Business: 7-1-1904

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection...... $ 614,702.24

United States Government obliga-

tions, direct and guaranteed ..... .

620,860.45

o~~~~on":. -~t~~. ~~. ~~i~':":l 149,024.01

Other bonds, notes, and debentures..

290,043.75

Corporate stocks (induding stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

739,164.72

Bank premises owned, furniture and

fi:dures........................ .

10,785.76

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.................. $ 2,424,580.93

LIABILITIES Demand deposits................. $ Time depos1ts.................... . Deposita of U. S. Government ..... . DeJ?OI!i~a of States and politiealaub-
divi81ooa . ..................... . Deposita of banks................ Other deposita (certified and officers'
checks, etc.) ................... . Billa payable..................... . Aceeptances executed by or for ac-
count of this bank and outstanding........................... . Otherliabilities.................. . Capital. ......................... . Surplus ......................... Undivided profits................. . Reserves ........................

1,760,435.29 155,665.73 16,057.75 172,136.15 10,000.00 6,234.51 None
None 6,611.50 100,000.00 150,000.00 42,440.00 5,000.00

Total I.iabilities. . . . . . . . . . . . . . $ 2 ,424 ,580. 93

36

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, 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, balance& with other banks, in-
eluding reserve balanr.es, and cash items in process of collection...... S United States Government obligations, direct and guaranteed. . . . . . Obligat.io!'~ of States and political subdvsons. . . . . . . . . . . . . . . . . . . . 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. . . . . . . . . . . . . . . . . . . . . .

292,471.95 339,734.00 281 ,996. 94 124,906. 25
None 1,121,272.44
50,032 .58 10,400.00
None None 200. 52

Total Assets ................. S 2,221,014.68

LIABILITIES Demand deposits................. S Time depos1ts.................... . Deposits of U. S. Government ..... .
De.fi~~l~n~~ ~~~O:S. ~~~ ~-l~t~~~ ~~~
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........................ .

990,772.19 816,560.30
23,518.19 168,751.75
None 3,792.11
None
None None 70,000.00 100,000.00 47,620.14 None

Total Liabilities.............. S 2,221,014.68

STATEMENT Showing condition at the close of business December 31, 1960, of

COOK BANKING COMPANY Cochran, Ga.

As called for by the Superintendent of Banks

J. LUTHER HORNE, President.
Date of Charter: 4-24-1942

ELIZABETH ATTAWAY, Cashier.
Began Business: 7-1-1942

ASSETS Cash, balances with other banks, in-
eludillj! reserve balances, and cash itema m process of collection...... S United States Government obligationo, direct and guaranteed. . . . . .
O~~~~onO.:. -~~~. ~~. ~~i~~~.1
Other bonde, notes, and debentures.. CJ,rporate otocks (including stock of
Federal Reserve Bank)... . . . . . . . . Loano 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.... . . . . . . . . . . . . . . . . .

724 ,096 .94 537,198.46
None 20,000.00
None 1,275,665.29
52,586.32 None
None None None

TotalAssets.................. s 2,609,547.01

LIABILITIES Demand deposits................ S Time depos1ts........... , ........ . Deposits of U.S. Government ..... . DeJ!~i!s of States and political aub-
divtsJona ................. Deposita of banks................ . Otlier deposits (certified and officers'
cheeks, etc.) ................... Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
O tihnegr.l.i abili tie s . . . . . . ..... ...... Capital. ......................... Surplus ......................... . Undivided profits................. Reserves ........................

1,110,048.05 795,795.40 64,423.27 296,439.71 28,615.31 4,082.79 None
None None 60,000.00 73,000.00 142.48 177,000.00

Total Liabilities............. S 2,609,547.01

FORTY-FIRST ANNUAL REPORT

37

STATEMENT

Showing condition at the close of business December 31, 1960, 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

T. E. HOWELL,
Cashier. Began Business: 1-5-1922

ASSETS Cub, balances with other banks, in-
eluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . ObliRa~io.n~ of States and political au1>dtV18tons . ................ 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....................

741,501.93 580,718.45 161,396.93 395,237.36
None 767,001.89
2.00 None
None None 1,048.14

Total Assets .................. S 2 ,646 ,906 . 70

LIABILITIES D~mand deposita ................. S Time deposita.................... . Deposita of U. 8. Government ..... . l>epoai~ of States and political sub-
diviatona ...................... . Deposita of banks................. Other deposita (certified and olli.eera'
cheeks, etc.) ................... . Billa payable..................... . Acceptances eseeuted by or for ac-
count of this bank and outatanding ........................... Other liabilities................. ..
~::::t~!::::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

938,443.45 949,709.40
19,160.69 489,509.41
None 4,410.62
None
None 39,417.65 100,000.00 70,000.00 31,255.48
5,000.00

Total Liabilities...............$ 2,646,906. 70

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF COLLEGE PARK College Park, Ga.

As called for by the Superintendent of Banks

J. N. WALKER, President.
Date of Charter: 10-3-1945

JOHN L. McCAY, Cashier.
Began Business: 1-7-1946

ASSETS -caah, balances with other banks, in-
elu~ reserve balances, and cash items 1n process of collection...... S United States Government obligations, direct and guaranteed......
0~~:Wo:. -~~~. ~~~ -~~~~"."~
Other bonds, notes, and debentures.. Corporate stocks (includin1 stock of
Federal Reserve Bank)........... Loans and diacQunta (including over-
draft.)......................... Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premises...... .. . .. .. .. . . . .. . .. . Inveetmenta and other assets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on aeceptances'outatandina.......... Other Aaseta. . . . . . . . . . . . . . . . . . . . . .

423 ,297 .63 1,049, 738.30
157,478.01 449,875.00
None 1,828,240.47
174,959.08 None
None None 30 ,616 .06

Total Aaseta ................. S 4,114,204.55

LIABILITIES Demand deposita..................S Time deposita................... . Deposita of U. S. Government . . . . . . De~~ of States and political sub-
divisions ...................... .
8:c:~:;!n~"f!riiiied imci offi~m checks, etc.) ................... . Bille payable..................... . Acceptances eseeuted by or for ac-
count of this bank and outatanding........................... . Other liabilities .................. .
~::!.::::: :::: :: :: ::: :::: :: :::
Undivided profita................. . Reserves........................ .

1,998,347.82 1,422,156.04
31,248.22 198,884.57 58,280.26
1,346.67 None
None 83,658.30 100,000.00 100,000.00 30,282.67 90,000.00

Total Liabilities. . . . . . . . . . . S 4 , 114 , 204 .55

38

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

CITIZENS BANK Colquitt, GL

Aa called for b;v 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 Cub, balancee with other banks, in-

cludintl reserve balsncee, and cash itema 1n proceee of collection...... S

626,394.08

United States Government obliptione, direct and guaranteed ..... .

1,313. 748.06

0~!f!fl::To.:'.f. -~~~. ~~~ .~~i~~~ 101,529.15

Other bonds, notes, and debenturt'll..

None

CorpQrate etocks (includiq etock of Federal Reserve Bank) .......... .

None

Loans and discounts (includiq overdrafts) 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 fistures........................ .

1. 753,811.81 None

Real estate owned other than bank premises.... 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

None

Investments and other aeeets indi-

rectly representing bank premises or oiht>r real estate . . . . . . . . . . . . . .

None

- - - - - - Customers' liability to this bank on acoeptancee outetanding......... . Other Aaaets.....................

None None

Total Aaaets ................ S 3. 795.483. 10

Demand

deposits

.

.

LIABILITIES ................

.s

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

Deposits of U. B. Government . . . . . . DeJ!O!i~ of States and political sub-
diviuone...................... .

Deposits of banks................ .

Other deposits (certified and officers'

checks, etc.) ................... .

Bills payable..................... .

Acceptances esecuted by or for ac-

count of this bank and outstand-

ing ...........................

Other liabilities.................. .

g;f:!::::::::::::::::::::::::::

Undivided profits................. .

Reserves .......................

1,794,933.64 1,193,685.29
38,364.31 463,993.75
None 6,739.09
None
None 34,319.85 100,000.00 125,000.00 38,447.17
None

Total Liabilities.............. S 3,795,483.10

STATEMENT

Showing condition at the close of business December 31, 1960, of

COLUMBUS BANK AND TRUST COMPANY Columbus, GL

As called for b;v the Superintendent of Banks

JAS. W. BLANCHARD, President.
Date of Charter: 12-24-1888

H. C. GOETTING, Cashier.
Began Business: 4-1-1889

ASSETS

Cash, balancee with other banks, in-

clllding reserve balencee, and cash

itema in proceee of collection...... S 8, 781,265.13

United States Government obliga-

tions, direct and guaranteed ..... . 8,068,442.30

Oblip~~"!' of States and political

au"bdi.VJBIODB ........ 1,596,179.69

Other bonds, notes, and debentures..

15,005.00

CorpQrate stocks (including stock of

Federal Reserve Bank) .......... . Loans and discounts (including over-

90,000.00

drafts) ........................ . 18,847,699.55

Bank premises owned, furniture and

fistures........................ . 1,571,008.35

Real estate owned other than bank

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

None

Investments and other aeeete indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

acoeptancee outetandina......... .

None

Other Aaaets..................... .

241,265.08

Total Assets.................. s 39,210,865.10

LIABILITIES

Demand dejiOBits................. -S 18,542,554.49

Time deposits..................... 9,552,959.10

Deposits of U.S. Government...... 645,504.75

Del!"'!i~s of Statee and political sub-

elivialODS . 4, 658, 396. 93

Deposita of banke................. 969,385.59

Other depoeite (certified and officers'

checks, etc.) ................... . 142,659.36

Bille payable..................... .

None

Acceptances executed by or for ac-

count of this bank and outstand-

Otihnegr. li0 a0 bi lities .. . . . . . . . . . . . . . . . . .

None 757,351.38

Capital. ......................... . 1,500,000.00

Surplus......................... . 1,500,000.00

Undivided profits................. . 942,053.50

Reserves ........................ .

None

Total Liabilities.............. S 39,210,865.10

FORTY-FIRST ANNUAL REPORT

39

STATEMENT

Showing condition at the close of business December 31, 1960, of

TRUST COMPANY OF COLUMBUS Columbus, Ga.

As ealled for by the Superintendent of Banks

F. G. LUMPKIN, JR. President.
Date of Charter: 3-19-1954

H. L. GEORGE, Treasurer.
Began Business: 3-19-1954

ASSETS Cash, balances with other banks, in-
cludillJI reserve balances, and cash items 1n proceaa of collection. . . . . $ United States Government obligations, direct and guaranteed ..... .
o".:~rilX.Ton~f. -~~-t~. ~~~ . ~~i~~c-~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..................... .

96,833.88 None
52,756.83 None
1,510.46 829,422.30
2,155.73 134,921.66
3,000.00 None
740.20

Total Aaaeta ................. $ 1.121 ,341.06

LIABILITIES Demand depoeita................. . Time deposita..................... $ Deposita of U.S. Government ..... .
D'jl~~n~f. ~~~~~. ~~~- ~-l~t.i~~~ ~~~
Depoaita 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 ........................ .

None 437,575.88
None None None None None
None 155,912.39 100,000.00 200,000.00 227,852.79
None

Total Liabilities.............. $ 1,121 ,341 .06

STATEMENT Showing condition at the close of business December 31, 1960, of

MERCHANTS AND FARMERS BANK OF COMER Comer, Ga.

As ealled 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-
eluding reserve balances, and cash items in proceaa of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political
aubdtvl&lODB ..................
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 Aaaeta..................... .

168,206.89 700,473.51 56,472.25
None None 416,646.93 8,143.82 :-lone
None None 1.455. 74

Total Assets.................. $ 1.351.399.14

LIABILITIES Demand deposita..................$ Time depoa1ta.................... . Deposita of U.S. Government . . . . . .
D':fl~T!l~.:f. ~~~~~- ~~~- ~-l~t.i~~ ~~~
Deposita of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptan~es executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

844,078.19 272,748.05
9, 720.29 52,797.39
None 4,682.57
None
None None 50,000.00 25,000.00 89,872.65 2,500.00

Total Liabilities.......... o o o $ 1. 35 t. 399 . 14

40

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

NORTHEASTERN BANKING COMPANY Commerce, Ga.

As called for by the Superintendent of Banks

SAM HOOD, President.
Date of Charter: 8-25-1891

R. M. DAVISON, Cashier.
Began Business: 1892

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in procesa of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~io_n~ of Stateo and political
SUbdiVISlODB
Other honda, 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..................... .

610,838.98 623,162.50
4,000.00 None
3,000.00 978,170.06
17,259.17 2,500.00
None None None

Total Assets .................. S 2, 238,930.71

LIABILITIES Demand deposita..................S Time depos1ts.................... . Deposita of U.S. Government ..... .
D'Jl~~~.:f. ~~~~- ~~~- ~-l~t.i~~ ~~~
DejlOsita of 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 .......................

1,145,216.61 542,102.66 14,525.27
331,489.47 None
8,675.43 None
None 3,000.00 50,000.00 50,000.00 83,585.27 10,336.00

Total Liabilities.............. S 2,238,930.71

STATEMENT

Showing condition at the close of business December 31, 1960, of

CONCORD BANKING COMPANY Concord, Ga.

As called for by the Superintendent of Banks

R. H. STRICKLAND, SR., President.
Date of Charter: 10-29-1903

MRS. KATHRYN BARKER, Cashier.
Began Business: 11-18-1903

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... .
o~~~i~~on~f. -~~-t~. ~~~ .~~~~c_a.l
Other honda, 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..................... .
Total Assets. . . . . . . . . . . . . . . . . S

189,875.78 180,000.00
None 105,000.00
None 54,340.74
421,40 1.00
:'lone None None 529,638.92

LIABILITIES Demand deposita. . . . . . . . . . . . . . . . . S Time depos1ta .................... . Deposita of U.S. Government ..... . DeJ!Of!i~a of States and political aub-
divisona ...................... 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..................
~::;:f:!.
Undivided profits................. Reserves ........................ .

333,637.50 102,009.94
5,370.41
41,772.08 None
875.36 None
None None 25.000.00 15,000.00 5,973.63 None

Total Liabilities.............. S 529,638.92

FORTY-FIRST ANNUAL REPORT

41

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF ROCKDALE Conyers, Ga.

As called for b:y the Superintendent of Banks

G. C. SIMS, President. Date of Charter: 10-15-1891

M. H. IVEY, Cashier.
Began Business: 6-1901

ASSETS C..h, balances with other banks, in-
cluding reserve balances, and cash
itema In proceaa of collection...... S
United States Government obligations, direct and guaranteed ..... .
Obliga~i~"!' of States and political aubdivtsona ................... .
Other bonds, notes, and debentures.. Corporate atocka (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 aaaeta indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other .Aaaeta..................... .
TotalAaaeta.................. s

736,701.87 1,511.210.95
198,358.72 615,562.50
None 954,868.13 32,009.51
None
None None None 4,048,711.68

LIABILITIES Demand deposita................. S Time depoa1ta.................... Deposita of U.S. Government..... . DeJ?Of!i~ of States and political aub-
divtStona ..................... Deposita of banks ................ . Otlier deposita (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
O tihnegr.l.i abil iti es.... . . . . . . . . . . . . . . .
?ur;ru!.::: ::::::::::::::::::::::
Undivided profits................. . Reserves ........................

2,194,726.58 707,182.17 53,643.14 687,167.35 None 1,155.00 None
None None 80,000.00 80,000.00 244,837.44 None

Total Liabilities.............. S 4,048,711.68

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS & MERCHANTS BANK OF COOLIDGE Coolidge, Ga.

As called for b:y the Superintendent of Banks

MICHEL DELOACH, 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 proceaa of collection...... S 109,565.76

United States Government obligations, .tirect and guaranteed ..... .

244,878.75

Obliga~io!'~ of States and political aubdivlStons ................... .
Other bonds, notes, and debentures..

18,000.00 189,825.00

Corporate stocks (including stock of Federal Reserve Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ .

280,074.78

Bank premises owned, furniture and fixtures........................ .

1,608.63

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

oJ.~';~~=~-~~~~~~-~~~:::::::::: - - - - - 319.80

Total Assets ................ S 844 ,272 .72

LIABILITIES D_emand deposits..................S Tme depoa1ts..................... Deposita of U.S. Government ..... . DeJ!OI!i!s of States and political sub-
divistons ...................... . Deposits of banks ................ . Other deposita (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 ........................

455,182.99 183,306.12
4,754.32
109,616.94 5,321.97
1,203.63 None
None None 25,000.00 45,000.00 None 14,886.75

Total Liabilities.............. S 844,272.72

42

DEPARTMENT OF BANKIN::..:...=G_ _ _ _ _ _ _ __

STATEMENT Showing condition at the close of business December 31, 1960, 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 process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io~~ of States and political eubdlvl810ne ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fizturee ........................ . Real estate owned other than bank premiaea....................... . Investments and other assets indi-
~~!~1.e~e~::r:f~~!. ~~- -~r~~~~
Customers' liability to this bank on aceeptances outstanding......... .
Other Assets..................... .

871,563.75 1,374,440.61
None None None 1,492,693.07 29,910.22 None
None None None

Total Assets. .. . . . . . . . . . . . . . . $ 3,768,607 .65

LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government ..... .
Dr~~~n~f- ~~~~- ~~~- ~-l~t-i~ ~~~
Deposits of banko ................ . Other deposits (certified and officers'
cherke, etc.) ................... . Bille payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
::: ::::::::: ::::::: ::: :: : Other liabilities..................
~:;t:!.
Undivided profits................. . Reserves........................ .

2,766,731.68 477,140.15 12,217.26 248,856.19 None 12,540.69 None
None None 100,000.00 100,000.00 46,035.77 5,085.91

Total Liabilities.............. $ 3,768,607.65

STATEMENT Showing condition at the close of business December 31, 1960, 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: 1-3-1939

ASSETS

Cash, balances with othP.r banks, in-

eluding reserve balances, and cash

items in proceee of collection ...... $ 1,137,817.16

United StatP.e Government obliga-

tions, direct and guaranteed ..... . 1.181,547.05

0':!f:JYX.?on~f. -~~~. ~~~- .~~i~~~l 316,751.56

Other bonds, notes, and debentures..

None

Corporate stocks (mcluding stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ . 1,789,124.24

Bank premises owned, furniture and

fizturee........................ .

50,790.72

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

- - - - - Other Assets..................... .

None

Total Assets................. $ 4,476,030. 73

LIABILITIES Demand deposits..................$ Time depo8lte.................... . Deposits of U. S. Government ..... . De~~ of States and political sub-
divialODB .... , ............
Deposits of banks................ . Other deposits (certified and officers'
cheeks, etc.) ................... . Bille payable..................... . Acceptances ezeeuted by or for ac-
count of this bank and outstand-

O tihnegr.l.i a.b. i.l iti es.......... . . . . . . . . .

?U~pviit!de.d::p:r:o:f:i:ts:.:.:.:.:.:.:.:.:.:.

:::: ::::
....... .

Reserves ........................ .

2,602,495.07 1,034,916.26
63,075.44 234,793.86 91,687.35 24,637.28
None
None None 125,000.00 75,000.00 91,117.68 133,307.79

Total Liabilities.............. .$ 4,476,030. 73

FORTY-FIRST ANNUAL REPORT

43

STATEMENT Showing condition at the close of business December 31, 1960, 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-
cludi,. reserve balances, and cash items ID proceaa of collection......$ United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political euWiV18tOna . .................. . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and diacounta (including overdrafts) ........................ . Bank premieea owned, furniture and fixtures........................ . Real estate owned other than bank premieea....................... . Investments and other aaseta indirectly representing bank premiaea or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaseta..................... .

965,868.95 2,352,350. 73
361,498.63 135,004.03
None 1,650,393.98
39,495.56 3.00
None None None

Total Aaseta .................. $ 5,504,614.88

Demand

deposita

..

LIABILITIES .............

.s

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

Deposita of U.S. Government..... .

Depoai~ of States and political aub-

diviatona ...................... .

J)e_poaits of banks ...............

Other deposits (certified and ollicera'

checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-

count of this bank and outstanding ........................... .

:::: ::::::::: :::: ::: :: ::: Other liabilities.................
~;r:!.

Undivided profits................. .

Reserves ...................

2. 730,004.54 1, 733,267.52
143,107.53 319,001.05 82,270.27 29,118.51
None
None 8,519.79 100,000.00 200,000.00 159,325.67
None

Total Liabilities............. $ 5,504,614.88

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE BANK OF COVINGTON Covington, Ga.

As called for by the Superintendent of Banks

R. R. FOWLER, President.
Date of Charter: 4-10-1901

J. B. WEAVER,
Cashier. Began Business: 4-10-1901

ASSETS

Cash, balances with other banks, in-

cludin!f reserve balances, and cash items 1n proceaa of collection ...... $ 1,137,453.40

United States Government obligations, direct and guaranteed ..... . 1,826,115.92

o':~~~TonO:. -~~~. ~~~- .~~i~~".".l 472,260.31

Other bonds, notes, and debentures..

None

Corporate atocka (including stock of Federal Reserve Bank) .......... .

None

Loans and discounts (including over(irafta) ...................... 2,432,165.61

Bank premieea owned, furniture and fixtures......................
Real estate owned other than bank premiaea....................... .

31,009.49 None

lnv\!lltments and other aaeeta indi-

:C~t\e~e~:::::~~. ~~- ~-~~~~

None

Cuatemera' liability to this bank on

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

None

- - - - - Other Aaseta..................... .

69,714.54

Total Aaeeta ................. $ 5,968,719.27

LIABILITIES Demand deposita................. S Time Uepoa1ta.................... . Deposits of U.S. Government..... . De~i~a of States and political sub-
divi&lODII .... , .. , ....
Dej)08its of banks ................ . Other deposita (certified and ollicera'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. .
~:;r::!.::: ::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

3,212,188.73 1,415,056.41
96,761.69 587,952.57
None 9,929.03
None
None 90,974.78 100,000.00 400,000.00 55,856.06
None

Total Liabilities............. $ 5,968,719.27

44

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, 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-

cludinj!: reserve balances, and cash items 1n process of collection...... S 365,910.08

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

490,734.38

Obliga~io~ of States and political subdivl8tons . .................. .
Other bonds, notes, and debentures..

41,714.81 10,000.00

Corporate stocks (including stock of Federal Reserve Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ .

593,979.26

Bank premises owned, furniture and fixtures........................ .

23,000.00

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

3,400.00

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

3,102.19
------

Total Assets ................. S 1.531,840.72

LIABILITIES Demand deP."aita.................. S Time deposita.................... . Deposits of U.S. Government ..... .
D~l~n~f. ~~~~. ~~~. ~~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 .................. . Capital.. ....................... .. Surplus ......................... . Undivided profits................. . Reserves........................ .

716,569.53 564,964 61
7,896.65
117,853.47 None
9,070.68 None
None None 50,000.00 50,000.00 15,485.78 None

Total Liabilities...............S 1,531,840. 72

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE PEOPLES BANK Crawfordville, Ga.

As called for by the Superintendent of Banks

G. E. WILLIAMS, President.
Date of Charter: 12-8-1947

E. W. REYNOLDS,, Cashier.
Began Business: 1-2-1948

ASSETS Cash, balances with other banks, in-
cludinj!: reserve balances, and cash items lD process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga_~io,n~ of States and political
8Ubd.iVl810D8 . .................. .
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 othc' assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

229,923.54 403,282.08
None None None 521,867.38 19,643.46 None
None None None

Total Assets .................. S 1,174,716.46

LIABILITIES Demand d8P."sits................. S Time deposita....... : . ........... . Deposita of U.S. Government..... .
D~!~.!f. ~~~~~a. ~~~. ~~l~t.i~~ ~~~
Deposita 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 ......................

328,819.64 676,779.16
1,194.99 80,113.99
None 1,647.95
None
None None 25,000.00 50,000.00 11,160.73 None

s TotalLiabilities.............. 1,174,716.46

- - - - - - - FORTY-FIRST ANNUAL REPORT

45

STATEMENT Showing condition at the close of business December 31, 1960, 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

WILLIAM CHAMBLEE, Cashier.
Began Business: 10-19-1904

ASSETS Cash, balances with other banks, in-
cludinp: reserve balances, and caah items 1D process of collection...... S United States Government obligations, direct and guaranteed ..... .
O~l~f!Ii~{;.~on':. -~t~~~. ~~d.. ~~li~i~.l
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 I acceptances outstanding......... . Other Aaaeta..................... .

1,221 '130.27 1,834,379.53
47,042.41 280,212.50
None 893,059.12
21,228.15 1.00
None None 1,859.53

Total Aaaeta .................. S 4,298,912.51

LIABILITIES Demand deposita..................S Time deposits.................... . Deposita of U.S. Government ..... .
D'Jl~!!~n~f. ~~~t~s. ~~- ~o.l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
che~ks, etc.) ................... . Bills payable..................... . AcceptancPs executed by or for ac-
count of this bank and outstanding .......................... .. Other liabilities .................. . Capital. ......................... . Surjllus ......................... Undivided profits................. . Reserves........................ .

2,069,901.22 I, 145,566.55
48,901.09
631 '763. 79 None
9,517.10 None
None None 100,000.00 200,000.00 93,262.76 None

Total Liabilities.............. S 4,298,912.51

STATEMENT Showing condition at the close of business December 31, 1960, of

CITIZENS BANK Cuthbert, Ga.

As called for by the Superintendent of Banks

C. 0. JOHNSON, President.
Date of Charter: 2-7-1938

G. F. SEALY, Cashier.
Began Business: 3-1-1938

ASSETS Caah, 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
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.. . . . . . . . . . . . . . . . . . . . .

500,820. 13 880,947.01 110,558.91 169,906.50
None
1,023,436.41 15,678.42 None
None None 672.95

Total Assets................. S 2,702,020.33

LIABILITIES Demand deposits.................. S Time depos1ts.................... .
Deposits of U.S. Government ..... .
D'Ji~T~t~n~f. ~~~~~s. ~~~- ~.o.lit.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........................ .

1,658,275.97 324,080.51 68,426.80
313,522.15 20,000.00
20,496.00 None
NonP 2,928.16 125,000.00 75,000.00 84,290.74 10,000.00

Total Liabilities.............. S 2, 702,020. 33

46

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF DAHLONEGA Dahlonega, Ga.

As called for by the Superintendent of Banks

J. F. SANDERS, President.
Date of Charter: 5-27-1914

G. E. CONNER, Cashier.
Began Business: 5-27-1914

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection......S 734,421.83

United States Government obliga-

tions, direct and guaranteed ..... .

723,015.63

Obliga~i~n~ of States and political

SUbdtVlSIODS , , , ,

37,537.78

Other bonds, notes, and debentures..

299,062.50

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

846,502.10

Bank premises owned, furniture and

fixtures........................ .

7,999.68

Real estate owned other than bank

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

19,850.00

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 2, 668,389. 52

LIABILITIES Demand deposits................. S Time depos1ts.................... . Deposits of U.S. Government..... .
D':ftri!l~n~f. ~~~~~s. ~~~ ~-ol~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... .
Acceptanees executed by or for account of this bank and outstanding ........................... .
Other liabilities.................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1.237,638.54 798,194.17 43,294.23 369,355.26 None 2,724.67 None
None None 50,000.00 100,000.00 67' 182.65 None

Total Liabilities............. S 2,668,389.52

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE BANK OF DALTON Dalton, Ga.

As called for by the Superintendent of Banks

JAMES J. COPELAND, President.
Date of Charter: 12-26-1911

MARGARET MAULDIN, Cashier.
Began Business: 10-12-1912

ASSETS Cash, balances with other banks, in-
cludin!l reserve balances, and cash items 1n process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga_~io.n~ of States and political au})dtvtatona ................... 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..................... .

1,184,884.49 1,217,229.59
184,965.03 1.00 None
1,950,347.75 21,117.00 None
None None 476.50

Total Assets . . . . . . . . . . . . . . . . . S 4 ,559 ,021. 36

LIABILITIES Demand deposits................. S Time depos1ts.................... . Deposits of U.S Government ..... . De~i~ of States and political aub-
divistone ...................... . Dej)Osits of 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 ........................ .

I ,860,628.00 I ,235,089.10
183,215.89 709,461.60
None 14,761.96
None
None 84,132.52 100,000.00 200,000.00 119,954.34 51' 777.95

Total Liabilities. . . . . . . . . . . . . $ 4, 559,021 .36

FORTY-FIRST ANNUAL REPORT

47

STATEMENT Showing condition at the close of business December 31, 1960, ot

HARDWICK BANK & TRUST COMPANY Dalton, Ga.

As called for by the Superintendent of Banks

F. L. WILLIAMSON,
President. Date of Charter: 2-17-1922

A. J. SECORD,
Cashier. Began Business: 2-20-1922

ASSETS

Cash, balances with other banks. in-

cludin~ reserve balaJiCBB, and caah

items 1n proceaa of collection ...... S 1,682,373.33

United States Government obliga-

tions, direct and guaranteed ..... . 2,341,417.39

. ot::~~l!~o:I. -~~~~. ~~~- ~~~~~-~ 471,596.06

Other bonds, notes, and debentures..

5,000.00

Corporate stocks (10cluding stock of

Federal Reserve Bank) .......... .

4,697.54

Loans and discounts (including over-

drafts) ........................ . 5,560,831.14

Bank premises owned, furniture and

fixtures........................ .

133,376.65

Real estate owned other than bank

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

None

Investments and other &BBets indi-

rectly representing bank premises

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

None

Custcmers' liability to this bank on

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

None

- - - - - - Other Assets..................... .

None

Total Assets ................. S 10,199,292.11

LIABILITIES Demand deposits..................S Time depos1ts.................... . Deposits of U.S. Government..... .
D~!~n~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 outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Sarplua ......................... . Undivided profits ................. . Reserves ........................ .

4,916, 765.97 3,591,551.39
411,523.54 444,951.29
None 16,280.36
None
None 142,097.08 200,000.00 400,000.00 41,638.20 34,484.28

Total Liabilities............. S 10,199,292.11

STATEMENT Showing condition at the close or business December 31, 1960, of
BANK OF DANIELSVILLE Danielsville, Ga.
As called for by the Superintendent of Banks

P. D TEMPLES President
Date of Charter: 12-11-1907

GEO. N. STOVALL, Cashier.
Began Business: 1-15-1908

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~io_n~ of States and political
BUbdiV181008 . .................
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.................... .

247,633.68 865.538.50
None None None 290,524.73 750.00 None
None None None

Total Assets . . . . . . . . . . . . . . . . . S 1, 404 , 446 .91

LIABILITIES Demand deposita................. S Time depos1ta.................... . Deposits of U.S. Government ..... .
D~~!l~n~f. ~~~~~- ~~~- ~-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 .................. .
~~~~f~!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

787,249.49 320,233.58
1,350.00 125,315.72
None 5,181.27
None
None 3,896.80 35,000.00 25,000.00 101,220.05
None

Total Liabilities.............. S 1,404,446.91

48

DEPARTMENT OF BANKING

ST ATEl\fENT Showing condition at the close of business December 31, 1960, of

THE DARIEN BANK Darien, Ga.

As called for by the Superintendent of Banks

EDWARD R. GRAY, JR., President.
Date of Charter: 12-8-1888

P. E. CLARK, JR., Cashier.
Began Business: 1-24-1889

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... S 297,003.08

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

932,657.33

Obligat.io!'~ of States and politiral
subdJVIBIODS. , , ................
Other bonds, notes, and debentures..

100,764.28 None

Corporate stocks (including stock of Federal Reserve Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ .

619,858.56

Bank premises o"'-ned, furniture and

fixtures..... .

. ..... .

1,001.00

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

8,500.00

Investments and other assC'ts indi-

rectly reprt>senting bank premises or other real estate ............. .

None

Customers' liability to this bank on

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

None

- - - - - - Other Assets..................... .

None

Total Assets. . . . . . . . . . . . . . . . . $ 1. 959,784. 25

LIABILITIES

Demand deposits... . ......... $

Time d('posits.................... .

Deposits of l'. S. Government ..... .

DPposits of States and politiral sub-

divisions...

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

Deposits of banks. . . . . . . . . . . . . .. .

Other deposits (oertificd and officers'

rherks, etc.) ................... .

Rills payahlc. . . . . . . ............. .

Acccptan<"CS e-xcrut<'d bv or for ac-

count of this bank and outstand-

ing

..

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

OthPr liabilities .................. .

Capital. ................... .

~urplus.....

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

FndividPd profits................ .

R"srr\'I'S .................. .

771,803.29 679,945.83
3,243.25
271,208.72 None
10,022.97 None
None 44,050.01 50,000.00 50,000.00 79,510.18
None

Total Liabilities.............. $ 1,959,784.25

STATEMENT Showing condition at the close of business December 31, 1960, 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 Caah, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $
United States Government obligations, direct and guaranteed . . . . . .
0~1!f!il~Ton0:. -~~~. ~~-. ~~~~~
Other bonds, notes, and debentures. .
CorJiorate stoeks (including stock of Federal Reserve Bank)...........
Loans and discounts (includina overdrafts).........................
Bank premises owned, furniture and
fisturea.........................
Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . .
Investments and other aaeets indirectly representing bank premises or other real estate. . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding... . . . . . . .
Other Alleeta. . . . . . . . . . . . . . . . . . . .

1 ,285 , 140 .94 1 , 561 ,061 .24
383,546.62 432 ,865 .63
None 1,296,656.04
20,048.07 None
None None None

Total Alleeta................. S 4,979,318.54

LIABILITIES Demand deposita................. $ Time depos1ta.................... Deposita of U. 8. Government ..... . De~i!& of States and political eub-
divieona . . . . . . . . . o o. o. o. o. o. o. DeJIOIIits of banks ................ . Other deposita (certified and oflicere'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outatandinc........................... .
Other liabilities .................. .
?u~r~!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

l, 740,426.74 1,683,105.89
26,256.13
1,103,379.81 17,678.36
21,184.23 None
None None 100,000.00 200,000.00 87,287.38 None

Total Liabilities.............. $ 4,979,318.54

FORTY-FIRST ANNUAL REPORT _ _ _ _ __ 49

STATEMENT Showing condition at the close of business December 31, 1960, 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

cludinp: reserve balances, and cash items 1n process of collection...... S 1,317,287.75

United States Government obligations, direct and guaranteed ..... . 1,837,659.43

Obliga~i~n~ of States and political
BUbChVlSIODB ....
Other bonds, notes, and debentures..

132,353.68 459,120.84

Corporate stocks (including stock of Federal Reserve Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ . 1,892,635.06

Bank premises owned, furniture and fixtures........................ .

27,752.21

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

None

Investments and other aaseta indi-

rectly representing bank premil!t's

None

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

Customers' liability to this bank on

None

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

None

Other Assets...................... - - - - - -

Total Assets .................. S 5,666,808. 97

LIABILITIES Demand deposita.................. S Time deposita.................... . Deposita of U.S. Government..... . De~i~a of States and political aub-
diviatooa ...................... . DeJlO&ita 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 ........................ .

2,173, 701.79 2,139,493.10
58,837.83 830,202.46 101,917.51
24,921.78 None
None None 100,000.00 150,000.00 87,734.50 None

Total Liabilities. . . . . . . . . . . . . . $ 5, 666, 808. 97

STATEMENT

Showing condition at the close of business December 31, 1960, of

DAWSON COUNTY BANK Dawsonville, Ga.

As called for by the Superintendent of Banks

H. G. VANDIVIERE, President.
Date of Charter: 7-1-1953

JOHN V. STILLER, Cashier.
Began Business: 7-13-1953

ASSETS Cash, balances with other banks, in-
cludinp: reserve balances, and cash items 1n proceaa of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political
8UbdiV18JOD8 , ... , .. , ...
Other bonds, notes~ and debentures.. Corporate stocks \lOCIuding stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
lbturea........................ . Real estate owned other than bank
premises....................... . Investments and other aaseta indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

211,244.81 138,987.94 91,113.31 224,943.70
None 352,396.37
13,285.35 None
None None 1,681.44

Total Assets. . . . .. . . . . .. .. .. . S I ,033, 652. 92

Demand

deposita .

.

LIABILITIES ................

s

Time depoa1ta.................... .

Deposita of U.S. Government ..... .

DeJ?O~i!s of States and political sub-

divstons...................... .

Deposita of banks................ .

Otlier deposits (certified and officers'

checks, etc.) ................... .

Billa payable..................... .

Acceptances executed by or for ac-

count of this bank and outstand-

ing ........................... .

Other liabilities.................. .

Capital. ......................... .

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

Undivided profits................. .

Reserves........................ .

410,740.23 313,007.77
8,664.31 180,073.11
None 5,876.02
None
None None 25,000.00 25,000.00 55,291.48 10,000.00

Total Liabilities.............. S 1,033,652.92

50

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

THE CITIZENS AND SOUTHERN EMORY BANK Decatur, Georgia

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 process of collection......S 890,704.30

United States Government obligations, direct and guaranteed ..... .
Obliga~io~ of States and political
8Ubd.lvt810D8 . ............. , ..
Other bonds, notes, and debentures..

2,370,401.09 405,624.37 None

Corporate stocks (including stock of Federal Reserve Bank) .......... .

3,500.00

Loans and discounts (including overdrafts) ........................ . 2,990,278.26

Bank premises owned, furniture and fixtures ........................ .

62,638.68

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 Aaaeta..................... .

19,470.55

Total Aaaeta .................. S 6, 742,617.25

LIABILITIES S Demand deposita................. . Time depoe1ts.................... . Deposita of U.S. Government ..... . DeJ?OI!i~ of States and political aub-
divistone ...................... . 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. ......................... . Sur11lua ......................... . Undivided profits................ " Reserves ........................ .

3,945,008.11 1,669,465.87
57,777.34 283,428.74
None 4,625.96
None
None 270,292.54 250,000.00 200,000.00 33,339.53 28,679.16

Total Liabilities.............. S 6, 742,617.25

STATEMENT Showing condition at the close of business December 31, 1960, of

TONEY BROTHERS BANK Doerun~ Ga.

As called for by the Superintendent of Banks

J. W.TONEY, President.
Date of Charter: 7-11-1946

MARGUERITE S. PITTS, Cashier.
Began Business: 7-31-1945

ASSETS Cash, balances with other banka, in-
cluding reserve balances, and cash itema in process of collection...... S United States Government obligations, direct and guaranteed..... . OblipJ:i~~ of States and political
BU'bdiV18lODB ...
Other bonda, notes, and debentures.. Corporate atocka (mcluding atock of
Federal Reserve Bank).......... . Loana and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures..................... Real estate owned other than bank
premises....................... . Investments and other aaaeta indi-
:0!\e~er::r:::~~. ~~. ~r~~~
Customers' liability to this bank on acceptances outstanding......... .
Other Aaaeta..................... .

796,440.72 146,417.85
None None None 668,615.99 2,604.00 None
None None None

Total Aaaeta ................. S 1,614,078.56

LIABILITIES Demand depoaita..................S Time depoa1ts .................... . Deposits of U.S. Government..... . DeJ?OI!i~ of States and political aub-
divisaons ...................... . Deposita of banks ................ . Other deposita (certified and officers'
cheeks, etc.) ................... . Billa payable..................... . Acceptance executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ... : ..................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

955,492.45 330,334.48
810.00 116,750.45 56,530.78 12,184.72
None
None None 25,000.00 100,000.00 12,975.68 4,000.00

Total I.iabilitiea............. S 1,614,078.56

FORTY-FIRST ANNUAL RFPORT

61

STATEMENT

Showing condition at the close of business December 31, 1960, of

COMMERCIAL STATE BANK Donalsonville, Ga.

As called for by the Superintendent of Banks

HUGH D. BROOME, President.
Date of Charter: 10-21-1938

ELLEN G. SPIER, Acting Cashier.
Began Business: 12-16-1938

ASSETS Cub, balallces with other banka, in-
cluc:linJ reeerve balances, and cub items m proceea of collection...... S United States Government obliptiona, direct and guaranteed ..... . Oblip~io~~ of States and political
eubdiVI8lODB . ......
OCothrperorbaotnedsat,oncoktsea(1macnlduddienb1esnttoucrkeso..f Federal Reserve Bank) .......... .
Loans and diacounte (includin1 overdrafts) ........................ .
Bank premiaea owned, furniture and &aturea........................ .
Real estat41 owned other than bank premiaea....................... .
Investments and other aaaete indirectly repreaentin1 bank premises or other ieaJ estate ............. .
Cuatomera' liability to thia bank on acceptances outetandiq......... .
Other .A.ete...................

906,414.73 314,078.42
19,602.51 243,124.71
None 701,984.51
13,821.80 3,704.86
None None 1.00

Total~ .............. S 2,202,732.54

LIABILITIES Demand deposita..................S Time depoatts.................... . Depoeita of U. S. Government . . . . . .
De.J:t.:!~ ~~~ ~~- ~~t.i~ ~~~
De_poaita of banks ................ Other depoeita (certified and officers'
cbe<'ka, etc.) .................. Billa payable..................... . Acceptances e"ecuted by or for ac-
count of thia bank and outetandO tihqe r.l.iabilities . ... . . . ........ .
~f:!.::::::::::::::::::: ::::::
Undivided profits................. . Reaervea . . . . . . . . . . . . . . . . . . . . . . .

1,114,126.06 554,583.44 24,719.28 150,792.83 69,276.62 7,581.03 None
None 15,854.10 50,000.00 75,000.00 77,223.11 63,576.07

Total Liabilities............ S 2,202,732.54

STATEMENT

Showing condition at the close of business December 31, 1960, 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 Cub, balances with othl'.r banks, in-
cludilljl reserve balances, and cub itema tn proceea of collection...... S United Statee Government obliptiona, direct and paranteed. . . . . .
~~~~ro:. -~~~. ~~ -~~i~~
OCoth~errahtoendsat,oncoktsea(1tnacalduddienbsesnttoucrkeso..f Federal Reserve Bank)...........
Loans and diacounte (includins overdrafts) . . . . . . . . . . . . . . . . . . . . . . . . .
Bank premises owned, furniture and &aturea.........................
Real estate owned other than bank premises......... . . . . . . . . . . . . . .
Investments and other -te indirectly repreaentinl bank premises or other ieaJ estate. . . . . . . . . . . . . .
Cuatomera' liability tc thia bank on acceptances outetandiq..........
Other .Auete......................

566, 169.92 1, 125,905.61
20.000.00 None None
587,033. 24 22,211.17
None
None None None

Total Aaaeta ................ S 2,321,319.94

LIABILITIES Demand deposita.............. S Time depoetta.................... Depoeita of U.S. Government ... De~~ of States and political eub-
diviatone ...........
g:::~~'teriified: ~d ~iii~ checks, etc.) ................... Billa payable..................... Aoceptances eucuted by or for ac-
count of thia bank and outatandOtihqer.l.ia.b. ilities.. ..............
~=:::::::::::::: ::::::::::::::
Undivided profits................. Reaervea ...................... .

1,1010179.02 805,805.20 56,153.91 147,926.64 None 2,011.02 None
None None 50,000.00 140,000.00 18,244.15 None

Total Liabilities...............s 2,321,319.94

52

DEPARTMENT OF ~A_!!_IQ~_9:_ _ _ _ _ _ _ __

STATEMENT Showing condition at the close of business December 31, 1960, 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, balanc~s with oth~r l'nnks, in-

cluding rf"s:'r\'e b!llnurc>s, ancl rash

items in proooss of collection ...... S

Unit>d ~tat<'S Govf'rnmC'nt ohliJ!'n-

tions. liroct nn<l ~uarantod......

Obli~J;nt.io.n~ of Stat('S and politirnl

suhrhVISIODS . . . . . . . . . . . . . . . . . . .

Othrr bonds, notes. nncl d<>hrnturt'!l..

Corporn.tr storks (i1'lrluc1iP~ stork of

Fc.Jornl H<sone Hunk). . . . . . . . . . .

Loans and disrounts (includinp; ovrr-

drafts)................... . . . . .

Bank prC"misrs owned, furn.iturC' and

fixtures.........................

Real estate owned other than hnnk

prf'misf>s.. . . . . . . . . . . . . . . . . . . . . . .

Inv(>stmrnts anrl oth:>r nssrts incli-

rf:'rtlv rC"'prf'sentin~ hank pr('mis<'s

or othrr rrnl <'statr......

...

Customf"rs' linbilit~ to this hank on

nrrrptnnr<-s outstnnrlinv.... . . . . . . .

Other Assets.............

808,655.42 3,892,026.05
15,267.19 None None
1,125,480.11 55,177.81 None
None None None

Total Assets .................. S 5,896,606.58

UABILITIES Demand deposits..................$ Tinar dC'posits .................... . Drposits of P. R Govt:-rnment ..... . Dr~o~i~s of f::tn.tcs and politirnl sub-
dt\'ISlons ...................... . D~posits of ranks ................ . Other deposits (certified and officers'
rheoks, ott.) ................... . Hills paynhle..................... .
A<"rrptnnrrs <'X<"rut<"d by or for ar.oount of this bank and outstandin~ ........................... .
Other liabilities .................. . f'apitnl. ......................... .
Surplus ......................... . rndhidod profits................. .
RPscrvt>s .......................

2,552,253.22 2,025,907.62
50,897.17
680,677.34 130,908.73
5,812.71 None
None None 50,000.00 100,000.00 68,266.04 231,883.75

Total J.iabiliti~s .............. S 5,896,606.58

STATEMENT Showing condition at the close of business December 31, 1960, of

THE FARl\IERS BANK Douglas, Ga.

As called for by the Superintendent of Banks

F. S. STUBBS, SR., President.
Date of Charter: 5-22-1945

L. C. BODDIFORD, JR., Cashier.
Began Business: 7-5-1945

ASSETS Cash, balnnrrs with other bnnko. in-
cluding r<"sf'rve bnlanrC's. n.nd l':tsh items in pror('SS of rollrC"t ion ...... S United States Government obliga-
tions, direc-t and gunrnntrf'd ..... . Obli~~:ations of States and politioal
subdivisions ................... . Other bontls, not('s, and clchf'nturrs.. Corpnratr storks (in(luding: stock of
Federal Hos<ne Bank) .......... .
J.onns and discounts (including O\"erdrafts) ........................ .
Bnnk prcrnis('S owned, furniture nnd fix turf's ........................ .
Renl estate owned other than bnnk
prenaisf:"s ....................... . Invf'stments nnd otht"r nss('ts indi-
rf'ctl~ rl"prNlrnting bnnk prrruisrs or other rf'nl f'Atate ............. . Customers' linbility to this bnnk on
n.C"rf'ptnn<"('S outsto.ndinJt ......... . Other Assets..................... .

1,884,264.30 2,305,523. 77
394,541.95 None None
I ,900,092.63 16,547.77 None
None None 19,654.45

LIABILITIES D~mnnd deposits .................. $ Timr dt>po~its .................... . })('posits of ll. S. Govcrnmt>nt ..... . I>oJ?o~i!s of States and politiral sub-
di\'ISions ...................... . Deposits of rnnks ................ . Other deposits (certified and officers'
rht'c-ks, f'fr.) ...... ............. . Rills pnynble..................... . A<"r<"ptanf'C'S f'Xt"ruted by or for ar.-
rount. of this bank and outstnnd-
in,z: ........................... .
Othrr liabilities .................. . f'apitnl. ......................... . ~nrplus. ......................... . rndhidccl profits................ . R('s<"rv~s . . . . . . . . . . . . . . . . . . . . . . . .

3,156,925. 79 1,799,861.90
94,188.49
644,332.40 296,354.84
19,840.27 None
None 3,060.00 150,000.00 150,000.00 171,061.18 35,000.00

Total Assets ..................S 6, 520,624. 87

Total Liabilities.............. S 6,520,624.87

------------------------'----------------

FORTY-FIRST ANNUAL REPORT

53

STATEMENT Showing condition at the close of business December 31, 1960, of
THE CITIZENS BANK OF DOUGLASVILLE Douglasville, Ga.
As called for by the Superintendent of Banks

I. S. OWINGS, President.
Date of Charter: 8-11-1959

HOMER M. WOODS, Cashier.
Began Business: 5-9-1960

ASSETS

Caah, balances with other banks, in-

cludi"!E items In

reaerve proceas

balances, and of collection..

.c.a.s.hs

United States Government obliga-

tions, direct and guaranteed . . ....
o~!f!{;~wo:1. -~~~. ~~~- .~~;~~~

Other bonds, notes, and debentures.. Corporate etocka (includin& stock of

Federal Reeerve Bank) .......... .

Loans and discount. (includin& overdrafts) ........................ .
Bank premises owned, furniture and fixtures........................ .
Real estate owned other than bank

premisee....................... .

Inveatmente and other assets indirectly representing hank premises or other real estate ............. .
Cuetomera' liability to this bank on

acceptances outetanding......... .

Other Aasete..................... .

Total AaHte. . . . . . . . . . . . . . . . . S

156,243.69 97,870.72
Nonll None None 587,065.04 63,505.30 None
None None None 904,684.75

UABILITIES Demand deposita.................. S Time deposita.................... . Depoeita of U.S. Government ..... . DeJ!O'!i~s of States and political eub-
diviatona ...................... . Deposits of banks ................ . Other depoeita (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... .
.._. _.: ::::::::::: :::::_.: ::: Other liabilities................... .
~~~;r~!-
Undivided profits................. . Reserves ........................ .

655,071 '77 2,000.00 17,693.02
25,000.00 None
2,500.96
~one
:.one 330.25 100,000.00 70,000.00 32,088.75
None

s Total Liabilities...............

904,684 '75

STATEMENT Showing condition at the close of business December 31, 1960, of

THE COMMERCIAL BANK Douglasville, Ga.

As called for by the Superintendent of Banks

RAYMOND L. LLOYD, President.
Date of Charter: 4-24-1942

E. W. SEARCY, Cashier.
Began Business: 5-1-1942

ASSETS Cash, balances with other banks, in-
cluding reserve balanrcs. nnd cash items in process of collecllon ...... S United States Government obligations, direct and guaranteed. . . . . . Obligat_io_n~ of States and po1itical SUbdiVISIOns . . . . . . . . . . . . ,....... Other bonds, notes, and debentures.. Corporate stocks (inclwling stock of Federal R~scrve Rank)........... Loans and discounts (including overdrafts)......................... Bank premises owned. furniture and fixtures..... . .. .. .. . .. . .. .. . .. . Real estate own~d other than bank
premi~s........................
Investments and oth~r assets indirectly representing bank premises or othE'r real rstate..............
Customers' liability to this bank on acceptanres outstanding... . . . . . . .
Other Assets.. . . . . . . . . . . . . . . . . . . . .

662,941. 84 1,802, 780.08
20,432 51 19,955.00
None 244,577.95
12,000.00 None
None None I, 549.35

Total Assets .................. $ 2,764,236. 73

LIABILITIES Demand dPposits..................S Time deposits.................... . Depoits of U.S. Government ..... . Dcr,o~i!s of States and political sub-
divisions ...................... . Deposits of hanks ................ . Other deposits (certified and officers'
ch~cks, etc.) ................... . Rills payabl~ ..................... . Accepta.nrrs exeruted by or for ac-
count of this bank and outstandin~~:: ........................... . Othcr liabiliti~s .................. . Capital .......................... . RurpluA ........................ Undhided profits................. .
Rcsc.'rves ......................

1,350,290.29 557,566.14 14,801.81 610,013.36
~one
9,086.44 ;\lone
:.one 3,500.00 50,000.00 25,000.00 83,978.69 60,000.00

Total Liabilities.............. S 2, 764,236.73

54

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

CITIZENS AND 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...... S United States Government obligations, direct and guaranteed ..... . Obligat_i~n~ of States and political aubdtvtstons . .................. . Other bonds, notes, and debentures.. Corporate stocks (ineluding stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

1,777,412.82 2,202,876.58
799,851.76 30,000.00 4,500.00
4,644,891.51 143,722.45 None
None None 30,439.07

LIABILITIES Demand deposits.................. S Time depoa1ts.................... . Deposita of U.S. Government ..... .
D-:H~!\!n~f. ~~~~e. ~~- ~-~~~~~ ~~
Deposita 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 ........................ .

4,021,619.33 3,031,877. 78
120,077.87
639,734.81 706,456.69 41,031.89
Non<'
None 294,458.80 200,000.00 300,000.00 228,531.50
49,905.52

_________ Total Assets .................. S 9 ,633 ,694 .19 .:...._

Total Liabilities...............S 9,633,694.19

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS & MERCHANTS BANK Dublin, Ga.

As called for by the Superintendent of Banks

L. P. KEEN, President.
Date of Charter: 5-26-1910

DON C. CRAFTON, Cashier.
Began Business: 7-6-1910

ASSETS Cash, balances with other banka, in-
cluding reserve balances, and cash itema in process of collection...... S United States Government obligationa, direct and guaranteed . . . . . .
o~::r:.To:.f..~~~. ~~..~~~.i~i.~.1
Other honda, noll's, and debenturea.. Corporate stocka (including atock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafta)......................... Bank premisea owned, furniture and
fixtures......................... Real eatate owned other than bank
premises..... . . . . . . . . . . . . . . . . . . . lnveatments and other assets indi-
rectly representing bank premises or other real eatate . . . . . . . . . . . . . . Cuatomers' liability to this bank on acceptances outstanding.......... Other Assets......................

1,046,241.46 2 ,841 , 267. 211
None 325,000.00
None 1,347,067. 97
31,175.30 None
None 10,111.20 4,428.29

Total Assets................. S 5,605,291.47

LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... .
D~~1!n~~ ~~~~~s. ~~~. ~.~l~t!~~~ ~~~
Deposits of banka ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of thia bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . SurJllua ......................... . Undivided profits................ .. Reservea ........................ .

2,065,203.57 1,636,106.37
220,049.78 931,141.62 380,425.20 25,519.15
None
10,111.20 73,676.54 100,000.00 100,000.00 63,058.04
None

s Total Liabilities.............. 5,605,291.47

FORTY-FIRST ANNUAL REPORT

55

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE MORRIS STATE BANK Dublin, Ga.

As called for by the Superintendent of Banks

S. BARRON SMITH, President.
Date of Charter: 7-31-1958

THOMAS L. WALKER, Cashier.
Began Business 10-2-58

ASSETS

Cash, balances with other banks, in-

cludi~ reserve balan~ea, and cash

items 1n process of collection...... S 298,025.44

United States Government obliga-

tions, direct and guaranteed ..... .

700,215.75

Ob;!f!tY~~Ton~f. -~~~. ~~~- .~~.i~i-~~

None

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

645,151.69

Bank premises owned, furniture and

fixtures........................ .

12,382.96

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

- - - - - Other Assets..................... .

694.49

Total Assets .................. $ 1.656,470.33

LIABILITIES Demand deposita..................S Time depoalla.................... . Deposita of U.S. Government ..... .
D1i~!1~n~f. ~~~~a. ~~~- ~l~t.i~l. ~~~
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 ........................ .

705,183.70 531.273.46 44,141.44 136,353.46 34,398.82
24,742.41 None
None 16,483.43 100,000.00 25,000.00 38,893.61
None

TotalLiabilities.............. S 1,656,470.33

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF DUDLEY Dudley, Ga.

As called for by the Superintendent of Banks

RUBERT L. HOGAN, President.
Date of Charter: 10-2-1905

GLADSTONE JANSEN, Cashier.
Began Business: 11-1905

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash iteD18 in proceaa of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~io~~ of States and political aubdivwons................... . 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..................... .

600,872.07 845,806.72 171,125.17 35,000.00
None 875,694.62
2.00 None
None None None

Total Assets .................. S 2 ,528, 500. 58

LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposita of U.S. Government ..... .
D1i~!1~,!~ ~~~~s. ~~~- ~-l~t.i~~ ~~~
Deposita of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstandOtihnegr.l.iabilitie.s.......................... .. Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,176,215.41 498,812.25 60,494.79 337,463.87 138,403.08 18,014.63 None
None 4,134.58 50,000.00 150,000.00 60,160.92 34,801.05

Total Liabilities............... S 2 , 528, 500 . 58

56

DEPARTMENT OF BANKING

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

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE BANK OF DULUTH Duluth, Ga.

As called for by the Superintendent of Banks

G. W. FINDLEY, President.
Date of Charter: 1-22-1945

HAROLD J. KELLY, Cashier.
Began Business: 2-17-1945

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:o~ of f?tates and political subdtvtatons ................... . 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..................... .

341,376.77 488,810.94
None None None 696,398.23 28,383.02 None
None None 10,749.90

Total Assets.................. S 1,565,718.86

LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D'J:~~~n~f. ~~~~~s. ~~~. ~_J~t.i~~~ ~~~
Deposits of banks ................ .
Other deposits (certified and officers' checks, etc.) ................... .
Bills payable..................... .
Acceptances executed by or for account of this bank and outstanding ........................... .
Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

763,008.38 495,852.35
39,790.80 57,748.94
None 4.80 None
None 51,771.37 50,000.00 70,800.00 36,742.22
None

Total Liabilities............... S 1,565, 718.86

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF EASTMAN Eastman, Ga.

As .called for by the Superintendent of Banks

W. L. JESSUP, JR., President.
Date of charter: 12-28-1918

RUSSELL S. HARRELL, Cashier.
Began Business: 1-2-1919

ASSETS Cash, balances with other banks, in-
cluding reserve balances, am.l cash itenas in process of colle<~tion ...... S Unitc'tl States Uovernment obliga
tions, direct and guaranteed ..... . Obligations of l:Hatcs and political
sutxlivisions ................... .
Other bonUs, notes, and debentures .. Corporate stocks (incluJing stock of
l"eucral Hcscrvc Bank) .......... . Loans anti t.liscounts (including over-
drafts) ........................ .
Bank premises owned, furniture and fixtures........................ .
RPal estate owned other than bank premises....................... .
Investments and othrr assC"ts indirectly representing bank prcmis~s or other real r.stat<' ............. .
Customers' liability to this bank on n.cccptn.nccs outstanding ......... .
Other Assets.............. .

563,642.43 1,593,471. 72
None 155,328.68
None 1,020,689.96
35,000.00 1.00
None None None

Total Assets ................. S 3,368,133. 79

LIABILITIES

}?<tuand d<!poits .................. $

lunc dopusrts............... .. . . . .

l>cpusits uf L S. Government......

u,~pusits of titatcs and politieal sub-

divh:siuns...

. .. .

D<-pusi!:; of hanks ................ .

Other deposits (certified anti officers'

t'hPtks, ctt.) ................... .

Bills payuhlc..................... .

Acceptamts cxcruhd hy or for ac-

count of this ba.nk ancl outstanc.l-

ing ......... .

Otlwr liahilit irs. Capital. ....

Htl!'})lus ...................
Undidltd profits........... .

l!l'Sl'r\'('5.

1,630,310.22 1,161,356.04
53,318.50 189,948.65 37,246.71
270.00 None
None None 40,000.00 100,000.00 155,683.67 None

s Total Liabilities ............. . 3,368,133. 79

FORTY-FIRST ANNUAL REPORT _ _ _ _ _ __ 57

STATEMENT Showing condition at the close of business December 31, 1960, 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, anU cash items in process of collection ..... $ United States Uovcrnmcnt obligations, direct and guaranteed...... Obligations of l:;tates and political subdivisions. . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (inc-luding stock of Federal J(tscrve Bank).. . . . . . . . . . Loans and Uiscounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises.. . . . . . . . . . . . . . . . . . . . . . . Inv<"stmcnts and other assets indirt'etly rtprC"scnting hank prcntisC's or other rtal (state. . . . . . . . . . . . . Custom<'rs' liahilitv to this bank on atccptnnces outstanding...... . . Other Assets. . . . . .
Total Assets ........... . . . .s

629,009.52 I ,058,998.44
None None None 1.340,400.91 26,251.93 None
None None None 3,054,660.80

LIABILITIES Demand deposits................. $ Time deposits.. . . . . . . . . . . . . . . . . . . . Deposits of L'. H. Government...... })('J!o~i!s of :Statf's and political sub
d1vuwms ...................... .
Deposits of hanks ................ . Other deposits (tcrtified and officers
che<ks, etc.) ................... . fiills payable ..................... . Arccptanc-es ~xccuttd by or for ac-
count of this bank and outstanding ............. . Other liabilities .................. . Capital. ..... . Hurplus ................. . l'ndiviclcd profits......... .
Reserves........... . ......... .

I ,691,618.92 532,923.25 105,088.55
242,270.75 184,861.22
I ,500.00 None
None None 100,000.00 150,000.00 46,398.11 None

Total Liabilities ..

... $ 3,054,660.80

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF FULTON COUNTY East Point, Ga.

As called for by the Superintendent of Banks

W. RAY HOUSTON, President.
Date of Charter: 3-22-1934

LEONARD L. LOWE,
Cashier. Began Business: 4-2-1934

ASSETS Cash. balances with other banks, in-
cluding reserve balances, and CIUih items in process of eoiJection ...... $ United States Government obligations, direct and guaranteed...... Obligat_io.n~ of States and political
BUbdlVISIODS. .. ..
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 acceptanres outstanding...... . . . . Other Assets......................

1,583,314. 75 4,275,541.98
667,053.72 None None
4,414,963.10 222 , 929 . 73 None
None "'one 128,301.56

Total Assets..................$ 11,292,104.84

LIABILITIES Demand deposita.................. S Time depoa1ta.................... . Deposita of U.S. Government ..... .
D";E~T!~n~~ ~~~~~a. ~~~ ~o-J~~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 ........................ .

6,002,235.14 2,924,363.81
116,042.36
I, 130,940.66 138,933.33
77,254.17 None
None 163,147.71 350,000.00 350,000.00 39,187.66
None

Total Liabilities.. .. . .. .. . . . . . $ 11 , 292 , 104 . 84

58

DEPARTMENT OF IJ~~K_IN__ G _ _ _ _ _ _ __

STATEMENT Showing condition at the close of business December 31, 1960, of
THE CITIZENS AND SOUTHERN BANK OF EAST POINT East Point, Ga.

As called for by the Superintendent of Banks

JAMES SARTOR, President.
Date of Charter: 11-12-1948

HUGH D. THOMPSON, JR., Cashier.
Began Business: 11-19-1948

ASSETS

Cuh, balaneea with other banks, in-

eludinjl reserve balances, and cash

items 1n proeeaa of collection...... S 1,393,001.46

United States Government obliga-

tions, direct and guaranteed ..... . 3,352,273.07

. ~:.tN~~Ol~:. -~~~. ~~~- ~1-i~~~ 723,983.73

Other bonds, notee, and debentures..

5,000.00

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ . 3,921,544.47

Bank premises owned, furniture and

fixtures........................ .

120,359.64

Real estate owned other than bank

premiaee....................... .

None

Investments and other aaaete indi-

rectly representing bank premiaee

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

None

Cuetomera' liability to this bank on

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

None

Other

Aaaete

.

.

...

.

.

.

.

...

.

.

.

....

.

.

.

-

-

29,929.83
----

Total Aaaete ................. S 9, 546,092 . 20

LIABILITIES Demand deposita.................. S Time deposita.................... . Depoaite of U.S. Government ..... . DeJ!O'!i! of Statea and political aub-
divisaona .................. Deposita of banks................ . Other depoaite (certified and officers'
cheeks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .

5,003,882.23 2,399,601.94
526,437.82 497,034.13
None 54,708.66
None
None 357,441.48 300.000.00 300,000.00
38,495.72 68,490.22

Total Liabilities.............$ 9,546,092.20

STATEMENT

Showing condition at the close of business December 31, 1960, 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 Cuh, balances with other banks, in-
eluding reserve balances, and cash items in process of collection...... S United States Government obligations, direet and guaranteed. . . . . . Obligat.io.n~ of States and political
SUbdiVISIOnS . , . , , . , , ,
Other bonds, notes, and debentures.. Corporate stoeks (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 nnd other assets indi-
rectlv representing bank premises or other rcnlt>stnte.............. Customers' liability to this bank on aereptanees outstanding... . . . . . . . Other Aasets.. . . . . . . . . . . .. . . . . . . . .

344,295.64 1, 050,183. 62
81,207. 85 None None
1,081,145.44 ll , 744 .73 None
None None I ,600. 00

LIABILITIES Demand deposita.................. S Time depoata.................... . Deposits of U.S. Government ..... . DeP.o~i!s of States and political aub-
divasaons ........ Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances esccuted by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

966,068.26 1,041,141.83
23,533.93 324,705.72
None 2,436.76
None
None 1,852.03 50,000.00 100,000.00 53,138.75 7,300.00

Total Assets .................. S 2,570,177.28

Total Liabilities.............. S 2,570,177.28

-----------------'----------------

FORTY-FIRST ANNUAL REPORT

59

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE PEOPLES BANK Eatonton, Ga.

As ealled for'by the Superintendent of Banks

J. 1\1. GREGORY, President.
Date of Charter: 3-16-1944

HARVEY L. WILSON,
Cashier. Began Business: 5-1-1944

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proceaa of collection......1 United States Government obligations, direct and guaranteed ..... . Obliga~io~! of States and political
8Uh<ltVl8lOD8 , , ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Jo'ederal 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 ............. . Customera' liability to this bank on acceptances outstanding......... . Other ASBets..................... .

265,267.81 478,523.69
None None None 615,982.36 14,560.95 2.00
None None None

Total ABSets ..................1 1,374,336.81

UABILITIES Demand deJ>08its.................. I Time depos1ts.................... . Deposits of U.S. Government ..... .
De.rv":!t~n":. ~~~O:S. ~~- ~~~t.i~~~ ~~~
Deposits of banks ................ . Other deposita (certified and oflicera'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . SurJllua ......................... Undivided profits................. . Reserves........................ .

530,560.00 606,382.81
35,508.14 102,067.29
None 903.68
None
None 4,385.06 25,000.00 40,000.00 26,311.31 3,218.52

Total Liabilities...............1 1,374,336.81

STATEMENT

Showing condition at the elose of business December 31, 1960, of

THE BANK OF EDISON Edison, Ga.

As ealled 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...... I United States Government obligations, direct and guaranteed. . . . . . Obli~~:a~io~~ of States and political
SUbdiVISIOnS....................
Other bonds, notes, and debentures. . Corporate stocks (induding stock of
Federal Reser\'e Bank).. . . . . . . . . . Loans and discounts (including over-
drsftsl. . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures......................... Real estate owned other than bank
premis'8.... . . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing bank premises or other real estate.............. Custom<'rs' liability to this bank on acceptan~es outstanding.. . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .

313,175.09 1,281, 791.40
13,529.20 69,907. 50
None 579,447.67
60,000.00 None
None None 8, 640. 58

LIABILITIES Demand deposits.. . . .............I Time deposits.................... . Deposits of U.S. Government ..... .
D'Ji~i!J~n~~ ~~~~~s. ~~~- ~_J~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptanc~s executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... : Surplus......................... . Undivided profits................. . Reserves ........................ .

992,524.78 636,653.62
18,932.26 396,208.44 27,351.44 20,765.77
None
None 8,101.38 80,000.00 100,000.00 45,953.75
None

Total ABSets ..................I 2,326,491 .44

Total Liabilities...............1 2,326,491.44

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

60

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, 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 M. CLEVELAND, Cashier.
Began Business: 1-2-1928

ASSETS Cash, balnnoes with oth~r banks, in-
duding rrscrvc bnlan<'<'S, and cnsh
items in process of collection ...... S UnitPd Stat~ Govcrnmr.nt ohlign-
tinns, dirtrt and guaranteed...... Ohligat.io.n~ of Stntes and political
suh<hnswns.................... Oth~r bonds, not<s, anrl debentures.. Corporate storks (including stock of
Fc<lerul Heserve Bank\........... Loan~ and discounts (including over-
draft).......... . . . . . . . . . . . . . . Bnnk premises owned, furniture nnd
fixtures......................... Real estate owned other than bank
premisrs. . . . . . . . . . . . . . . . . . . . . . . . Invcstmrnts and otll(r assets inc1i-
rcrtly reprrscnting bank pr<'mis(s or oth('r r<>nl <'!'Otatc.............. Custom('rs' liability tn this bank on R<'f'cptunrcs outstanding.......... Other As...,ts......................

1,116,237.90 1,325,135.50
618,360.80 None
9,000.00 2,571,699.58
56,420.68 3, 305. 99
None None 33,731.74

Total Assets ..................S 5,733,892.19

LIABILITIES Demand deposits.................. S
Time dt'posits.................... . Deposits of li. R Gol'<"rnmcnt ..... . Deflo~i!s of States and political sub-
divisions ...................... . D~posits of banks . . . . . . . . . . . . . . . . . Othrr deposits (certified and offictrs'
C"heC'ks. <"tC".) ............ Bills payable..................... . Acrcptnn<es ('Xcrutcrl by or for ac-
count of this bnnk and outstandinJ! . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other liabilities .................. . Capital. ......................... . Surplus .... _.................... .
llntlividr<l profits................. . Hcscrves ........................ .

2,685,289.29 1,659,950.21
168,548.62
682,135.44 85,909.62
11,785.59 None
None 17,449.26 150,000.00 150,000.00 122,824.16
None

Total Liabilities............... S 5,733,892.19

STATEMENT

Showing condition at the close of business December 31, 1960, 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 bnnks, in-
cluding reserve balnnccs, and cash items in process of collection...... S United Stat<s Oovernment obligations, di!"tct and guaranteed ..... . Obligations of States and politi<nl subdivisions ................... . Other bonds, notes, nnd debentures.. Corporate stocks (including stock of Federal Hrserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank prcmi:scs owned, furniture and fixtures........................ .
Real estate owned other than bank premises....................... .
Investments and other assets indirectly rcprtscnting bank prentist's or other real <'state ............. .
Customers' liability to this bank on acccptanc:<:~ outstanding . . . . .
Other Assets..................... .

Total Assots ..... .

. ..... s

233,286.86 601,813.45 145,612.62
50,150.00 None
.<;07,400. 70 8,678.02 None
None None 5,976.16 1,552,917.81

LIABILITIES Demand depcsits..................$ Time depos1ts.................... . Deposits of U. S. Government ..... . Deflo~i!s of States and political sub-
dlvlslons ...................... . Deposits of hanks ................ . Other deposits (certified and officers'
chocks, etc.) ................... . Bills payable..................... .
Acceptances executed by or for account of this bank and outstanding........................... .
Othor liabilities .................. . Capital. ......................... . Surplus ......................... . l!ndivided profits................. . Reserves ........................ .

601,217.59 415,997.91
13,445.43
308,891.46 None
9,230.31 None
None None 25,000.00 100,000.00 79,135.Jl None

Total Liabilities...............$ 1,552,917.81

FORTY-FIRST ANNUAL REPORT

61

STATEMENT Showing condition at the close of business December 31, 1960, 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 retSPrvc halan<<!S, aml l"nsh items in process of c:ollcctiou ......S United States Government obligations, direct and I(Uaranteed...... Obligations uf States and political subdivisions................... Other bonds, notes, and dch<:'nturc>s.. Corporate sto<ks (inc-luding stock of F~<leral lhscrve Bank)........... Loans and discounts (indu(ling ovcrdrarts).... . . . . . . . . . . . . . . . . . . . Bank premises QWncd, furniture and
fixtur~s.........................
Real estate owned other than hank prcmisl"s........................
Invrstmcnts and other nss<'ts indirf!ctly representing bank premises or other rf'al Psh.ttc. . . . . . . . . . .
Customers' liaLility to this bank on nc,tptanr.ts outstanding... . . .
Other Assets............

644,534.90 1,913,985.00
323,169.56 None None
823,679.37 25,000.00 None
None None 3,208.65

Total Assets ....... .

. .$ 3,733,577.48

LIABILITIES pmunnd deposits.................. S fuuc depos1ts..................... IJeposits of U.S. Government...... Dt>po::;its of Statrs and political sub-
didsions ...................... . IJcposits of banks ................ . Uthl'r deposits (t._crtificd nnU officers'
(hccks, Pte.) ................. . Rills pa)nblc ..................... . AC'c'l'Jltnn(ts l'XC'<'Uh~cl by or for ar-
tcmnt of this bank and outstand-
inJ!; .............. . Otlu~r liabilities ..... . Capital. .... .
Hurplm; ....... . lTndi,itll'd proHts.
Htstnts.

1,444, 725.96 1,644,987.53
78,911.95
257,300.38 None
4,770.73 None
None 23,171.47 100,000.00 100,000.00
4,709.46 75,000.00

Total LiahilitiC'S...

s 3.733,577.48

STATEMENT

Showing condition at the close of business December 31, 1960, of

FAIRBURN BANKING COMPANY Fairburn, Ga.

As called for by the Superintendent of Banks

Y. H. LONGINO,
President. Date of Charter: 9-14-1891

MRS. WINNER B. LONGINO, Cashier.
Began Business: 1902

ASSETS
Cash, balances with other banks, includillj! reserve balances, and cash items 10 process of collection...... S
United States Government obligations, direct and guaranteed ..... .
Obliga~io_n~ of States and political subdtvl&tona ...................
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discount& (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..................... .

287,619.05 708,621.85
89,263.91 360,846.25
None 1,098,552.48
20,773.71 None
None None 32,076.66

Total Assets................. S 2,597,753.91

LIABILITIES Demand deposita................. S Time depos1ts.................... .
Deposits of U.S. Government ..... . DeJ?O~i~s of States and political sub-
divlBtons ........... o 0 Deposits of banks ................ . Other deposits (certified and c7llicers'
checks, etc.) .................. .. Bills payable.................... .. Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital .......................... . Surplus ......................... .
Undivided profits................. . Reserves ........................ .

1,255,449. 73 994,184.96 13,619.33
48,961.81 None
3,891.85 None
None 35,104.12 75,000.00 100,000.00
5,000.00 66,542.11

Total Liabilities.............. S 2,597, 753.91

~6_2________________~D~E~P~A=R~T~MENT OF _ BANKIN~G _______________

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS AND MERCHANTS BANK Fayetteville, Ga.

As called for by the Superintendent of Banks

H. P. REDWINE, President.
Date of Charter: 2-16-1906

H. C. HEWELL, Cashier.
Began Business: 3-13-1906

ASSETS
Cub, balancea with other banb, in-
cludiDJ .--rve balancea, and cub
itema m procea of eollecticm...... $

492,379.49

. Ualted 8tatee Government obliptiOIIII, direct and auaranteed ....
~~=o: ~~~. ~~ .~~i~~l

963,252.36 None

Other bonde, notee, and debentures..

None

Co!J!Orate stoeb (including stock of
x -Yederal Reee"e Bank) .......... . and dieeounte (including overdraft&) ........................ .

25,000.00 315,642.91

Bank prem owned, furalture and fbturee ........................

16,583.66

Real eetate owned other tban bank p r e m . . . . . . . . . . . . . . . . .

None

IDveetmente and other auete indirectly repreeenting bank ~ or other real eetate............. .

None

Customers' liebility to this bank on

None

acceptances outstanding.......... Other A.ete....................

__

_1_0_,4_6_3_.17_

Total A.ete ................. $ 1 ,823 , 321. 59

LIABILITIES Demand deposita................. $ Time depol!lte.................. Deposita of U. 8. Government..... DeDc!ei~ of 8tatee and political eub-
diVleaOIIII ......................
8:l:l:::.l:i!riified U.Ci c.m;,a ebecb, etc.) ................... Bille payable.................... Acceptancee executed by or for ao-
eount of tbie bank and outstanding........................... . Other liabilitiee .................
?ur.!l:!.:::::::::::::::::::::::::
Undivided profit&................. Reeervee ..........

1,034,088.69 83,129,28 12,735.29
425,850.43 69,376.28
2,899.48 None
None 48,995.21 60,000.00 60,000.00 23,159.98 3,086.95

Total Liabiiitiee... $ 1,823,321.59

STATEMENT Showing condition at the close of business December 31, 1960, 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
Cub, balances with other banb, including reae"e balances, and cub items in proceBB of collection...... $
Ualted 8tatee Government obligations, direct and paranteed. . . . . .
Oblip~io~ of Statee and political subdiviBaons . . . . . . . . . . . . . . . . . . . .
Other bonde, notes, and debentures.. Corporate stocks (including stock of
Federal Reee"e Bank)... . . . . . . . . Loans and dieeounte (including over-
draft&) . . . . . . . . . . . . . . . . . . . . . . . . . Bank pre~ owned, furniture and
fixtures......................... Real estate owned other than bank
premieea........................ IDveatmente and other auets indi-
rectly representing bank premises or other real estate.............. Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Aasete......................
Total Assets.................. $

177,680.45 97,000.00
None 295,000.00
None 73. 352 . 36
86.00 None
None None None 643,118.81

LIABILITIES Demand deJlOBite. . . . . . . . . . . . . . . . . $ Time depoeata.................... . Deposita of U. 8. Government ..... . De~i!s of States and political sub-
divisions ...................... . DeJ>OBils 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.................. .
~::t:!.
Undivided profits................. . Reae"ea ........................ .

370,059.43 80,559.11
None
63,102 .3.1 None
6,092.69 None
None 6,468.89 25,000.00 50,000.00 25,000.00 16,836.38

Total Liabilities.............. $ 643,118.81

FORTY-FIRST ANNUAL REPORT

63

STATEMENT Showing condition at the close of business December 31, 1960, 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...... I United States Government obligations, direct and guaranteed . . . . . . Obliga~io.n~ of States and political subdlvl810ns. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank).. . . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premisea owned, furniture and fixtures......................... Real estate owned other than bank premises........................ Investments and other assets indi-
~~c!~~e~ef::i:~~~~:. ~~~k..preDli.s~
Customers' liability to this bank on acceptances outstanding..........
Other Assets.. . . . . . . . . . . . . . . . . . . .

421,172.31 484, 000. 00
37,267.64 None None
1,231,820.89 7,575.10 None
None None 2,477. 50

LIABILITIES Demand deposits.................. I Time depos1ts.................... . Deposits of U.S. Government ..... .
D~!!~n~~ ~~~~~s. ~~~. ~.o.l~t.i~~~. ~~~
Deposits of bnnka ................ . Other deposits (certified and officera'
~hecka, etc.) ................... . Bills payable..................... . Acceptance executed by or for ac-
count of thia bank and outatand-
iRg ........................... . Other liabilitiea.................. . Capital. ......................... . Surplua ......................... . Undivided profita................. . Reservea .................... : . .. .

976,003.68 723,911.09 21,081.84 161,244.61 27,187.61
6,658.16 None
None 5,000.00 100,000.00 100,000.00 63,226.45
None

Total Assets................. I 2,184,313.44

Total Liabilitiea.............. I 2,184,313.44

STATEMENT

Showing condition at the close of business December 31, 1960, 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 balanoea, and cash

itema in process of collection...... I 739,004.14

United Statea Government obliga-

tions, direct and guaranteed ..... . 1,028,981.50

Obliga~io!'~ of States and political

subdJVISlons ................... .

825,787.17

Other honda, notea, and debentures..

150,031.25

Corporate atocks (including stock of

Federal RPaerve Bank) .......... .

None

Loana and discounta (including over-

drafta) ........................ . 1,697,035.46

Bank premiaes owned, furniture and

fixtures ........................ .

9,448.57

Real estate owned other than bank

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

1,137.10

Investments and other assets incli-

rectlv representing bank premiaea

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

None

Customers' liability to this bank on

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

None

- - - - - - - - Other Assets..................... .

2,450.84

Total Asseta .................. I 4,453,876.03

LIABILITIES Demand deposits................. I Time deposits.................... . Deposits of U.S. Government ..... .
D~1!l~n~f Sta~~s. ~~~..po.I~H~~~ ~~~
Deposits of hanks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Rills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................

1,612, 731.49 1,923,937.52
3,165.00 279,512.79
None 10,743.69
None
None 167,934.82 50,000.00 50,000.00 300,000.00 55,850.72

Total Liabilities............. I 4,453,876.03

64

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of
BANK OF FOREST PARK Forest Park, Ga.

As called for by the Superintendent of Banks

C. G. DUNCAN,

JOHN W. NAPIER,

President.

Cashier.

Date of Charter: 5-9-1956

Began Business: 10-15-1956

-------------"'-"--=--====c==-=-=-=--=--=-=-=--==-=-=====

ASSETS Cash, balances with other banks, in-
cludinp; rPserve balanres, and cash items in process of collection..... _$
United States Government obligations, direct and 111uaranteed. . . . . .
Obli111at.io_n~ of States and political subdtvlSlons. . . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures.. Corporate stocks (ineluding 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 indirectlv representing bank premises or other rpa) rstate. . . . . . . . . . . . . .
Customers' liability to this bank on ac-ceptances outstanding..........
Other Assets. . . . . . . . . . . . . . . . . . . . . .

654,791.01 865,507. 84
10,994. 26 425,093.75
None 1,173,423.92
54,898.39 None
None None 1,227 .68

LIABILITIES Demand deposits................. $
Time rll"posits................ . Deposits of l r. S. GovPrnme-nt ..... . Def!o~i!s of States and political sub-
dtvtslons ...................... . Deposits of hanks ................ . Other deposits (certified and officers'
cheeks, etc.) ................... . Rills payable..................... . Acceptances exccutPd by or for ac-
count of this bank and outstand-
ing ........................... . Other liabilities .................. . Capital. ......................... . ~urnlus ......................... . l'ndividcd profits................. . Reserves ........................ .

1,861,538.10 719,103.37 68,659.53
253,581.95 None
36,827.29 None
None 39,275.05 131,250.00 45,000.00 30,701.56
None

Total Assets .................. $ 3 , 185,936 .85

Total Liabilities.............. I 3, 185,936. 85

STATEMENT

Showing condition at the close of business December 31, 1960, 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 with other banks, in-
cluding reserve balanres, and cash items in process of collection...... S United States Government obligations, direct and p;uaranteed ..... . Obligat_io_n~ of States and politi<'al subdtVlSIOOS .................. .
Othrr bonds, notrs, and rlcbenturrs .. Corporate stocks (inrlurling stork of
Federal Hesene Rank) .......... .
Loans and discounts (inrlucling overdrafts). . . . . . . . . . . . . . . . . . . . . __ _
Bank premisC's owned, furniture and fixtures.... . . . . . . . . . . . . . . . . . .
Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . .
Investments and oth<'r assets indirrrtlv reprf>sentinJ!; hank premises or othf>r rral estate ............. .
Customers' liability to this bank on arreptanc-es outstanding......... .
Other Assets..................... .

970,839.34 858,000.00 197,607.45
None None 456,206.35 3,010.49 None
None None None

LIABILITIES Demand deposits..................$ Time deposits...... 4 Deposits of U. S. Government . . . . . . Def?o~i!s of States and political sub-
dtvtstons ...................... . Deposits of bar>ks ............ _... . Other deposits (<crtified and officers'
cheeks, etc.) .. _..... . Rills payable ............... __ .... .
Acceptan<'cs PX<'<'Utrd by or for account of this bank and out.tanding ........................... .
Other liabilities .................. . Capital. .................. . Rurplus ................ . lrndividPd profits...... .
Rrservcs ..................... .

1,137,286.17 387,129.56 597,787.81
95,621.60 None
9,678.86 None
None None 40,000.00 60,000.00 None 158,159.63

Total Assets ................. $ 2,485,663.63

Total Liabilities.............. $ 2,485,663.63

FORTY-FIRST ANNUAL REPORT

65

STATEMENT Showing condition at the close of business December 31, 1960, of

THE FARMERS BANK Forsyth, Ga.

As called for by the Superintendent of Banks

R. 0. PERSONS, JR., President.
Date of Charter: 3-9-1910

R. 0. PERSONS, SR., Cashier.
Benn Business: 1910

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash iteDIB in process of collection...... 1 United States Government obligations, direct and guaranteed ..... . Obliga~i~ll!' of States and political subdiV181ona . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and diaoounta (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

278,173.97 676,875.00
None None None 746,577.01 2.00 1.00
None None None 1 , 701 , 628. 98

LIABILITIES Demand deposits..................I Time deposits.................... Deposits of U.S. Government ..... . DeJ?O~i~ of States and political aub-
divl8aons ...................... DejlOIIits 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. ......................... . Suri>lus ......................... . Undivided profits................. . Reserves........................ .

665,815.23 445,118.11
13,014.76
370,851.23 None
1,452.01 None
None None 50,000.00 50,000.00 None 105,377.64

Total Liabilities............ I 1,701,628.98

STATEMENT Showing condition at the close of business December 31, 1960, of

MONROE COUNTY BANK Forsyth, Ga.

As called for by the Superintendent of Banks

CHARNER W. HILL, President.
Date of Charter: 11-2-1908

JAS. M. McCARTY, Cashier.
Began Business: 10-15-1908

ASSETS Cash, balances with other banks, in-
cludinjr reserve balances, and cash items m process of collection...... I United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political subdiV1810ns ................... . 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........................ . Resl estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

381,973.14 388,013.40 543,788.68 537,168.75
None 1,012,734.04
623.89 379.00
None None 10,000.00

Total Assets .................. I 2 , 874 ,680. 90

LIABILITIES Demand deposits................. I Time depos1ts................ : . .. . Dapoaits of U.S. Government ..... .
D1;~!1~n~~ ~~~- ~~~- ~-l~t~~- ~~~~
Deposita 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.................. .
~~~ru!.:::: ::: :: :: :: ::::: :::: :::
Undivided profits................. . Reserves........................ .

1,010,880.65 1,480,774.46
27,934.21
139,992.32 None
5,300.76 None
None 30,482.42 25,000.00 75,000.00 19,316.08 60,000.00

Total Liabilities.............. 1 2,874,680.90

66

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of
FORT GAINES BANKING COMPANY 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.
Be~~;an Business: 2-15-1937

ASSETS Cash, balances with other banks, in-
cludinj! reserve balances, and cash items 1n process of collection...... 1 United States Government obligations, direct and guaranteed ..... . Obliga~i~~ of States and political
8UbdiVIBlOD8 ..................
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reaerve Bank) ........... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fi:d.ures........................ . Real estate owned other than bank
premises....................... . Investments and other aaaeta indi-
rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaeta..................... .

490,1138.89 1,139,201.00
24,800.00 None None
145,035.85 8,500.00 None
None None None

Total Aaaeta .................. I 1,808,075. 74

LIABILITIES Demand deposita. . . . . . . . . . . . . . . . . S Time depoe1ta .................... . Depoeita of U.S. Government ..... .
De.rvT!~~~ ~~~. ~~~. ~~t.i~~ ~~~
Depoeits of banks ................ . Other depoeita (certified and bflicera'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
O tihnegr.l.iabilities. . . . . . . . . . . . . . . . ...
~:r~t:!:::: :: ::: :: ::: :::: :: ::: :: :
Undivided profits................. . Reserves ........................ .

1,089,335.85 398,546.26 5,052.10 90,809.25 None 18,200.12 None
None None 50,000.00 50,000.00 91,132.16 15,000.00

Total Liabilities.............. I 1,808,075. 74

STATEMENT Showing condition at the close of business December 31, 1960, 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 items in

reaerve process

balances, and cash of collection..... .

1

623,926.41

United States Government obligations, direct anrl guaranteed ..... .

2,333,560.13

o~~f:{;~~o.:::..~~~. ~~~..~~~~~~
Other bonds, notes, and debentures..

505,499.43 None

Corporate stocks (including stock of Federal Reaerve Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ .

1,944,114.44

Bank premises owned, furniture and fixturea........................ .

11,850.88

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

None

Inveatments and other aaaets indi-

rectly repreaenting bank premises

None

or other real eatate ............. .

Customers' liability to this bank on

None

acceptances outstanding.....

None

Other Aaaeta...................... - - - - - -

Total Aaaeta .................. I 5,418,951.29

LIABILITIES Demand deposita.................. 1 Time rlepoe~ts.................... . Depoeita of U.S. Government ..... . De~i~ of States and political aub-
diviaaona ...................... . Depoeita of banka ................ . Other deposita (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:;t:!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

2,735,417.111 995,600.89 93,944.10 845,889.28 10,000.00 25,292.29 None
None 105,772.58 200,000.00 200,000.00 207,034.34
None

Total Liabilities............... I 5,418,951.29

FORTY-FIRST ANNUAL REPORT

67

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE BANK OF HEARD COUNTY Franklin, Ga.

As called for by the Superintendent of Banks

T. W. GOODSON, SR., President.
Date of Charter: 10-14-1905

THOMAS W. GOODSON, JR., Cashier.
Began Business: 10-18-1905

ASSETS Cash, balances with other banks, in-
eludinJI reserve balances, and cash items 1n proeeaa of collection. . . . . 1 United States Government obliga tiona, direct and guaranteed ..... . Obligat_i"."!' of States and political
8UbdtVI810DB . .. , . , , , .... , . , ,
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
premiaea....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . :>ther Aaseta..................... .
Total Aaseta . . . . . . . . . . . . . . . . . I

354,072.56 616,426.04
31,812.69 74,984.37
None 562,073.40 22,871.79
None
None None None 1 , 662 , 240 .85

LIABILITIES Demand deposita..................1 Time depoa1ta.................... . Deposita of U.S. Government ..... .
nerv~~.:~ ~~~- ~~~- ~-l~t-i~- ~~~
Deposita of banks ................ . Other deposita (certified and officers'
cheeks, etc.) ................... . Billa payable..................... . Acceptances el<eeuted by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. .
~r~l::::: :: :::: :::::: :: :::: :: ::
Undivided profits................. . Reserves ........................ .

616,610.57 629,233.22
18,414.47 157,129.58
None 15,412.52
None
None 7,955.02 25,000.00 175,000.00 7,485.47 10,000.00

Total Liabilities. . . . . . . . . . . . . I 1 ,662 ,240 .85

STATEMENT Showing condition at the close of business December 31, 1960, of

THE CITIZENS BANK Gainesville, Ga.

As called for by the Superintendent of Banks

ROBERT A. BRICE, President.
Date of Charter: 5-19-1913

PIERCE J. HANCOCK, Cashier.
Began Business: 6-1913

ASSETS

Cash, balances with other banks, in-

eluding reserve balances, and cash

items in proeeaa of collection...... I 2,482,955.68

United States Government obliga-

tions, direct and guaranteed ..... . 3,145,632. 71

O~'!rJl;o:l. -~~~. ~~ .~~~~ 178,169.71

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and dieoounta (including over-

drafts) ........................ . 2,491,334.57

Bank premises owned, furniture and

fil<turea ...............

2.00

Real estate owned other than bank

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

3,788.83

Investments and other aaaeta indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

aooeptaneea outstanding. . . . . . . . . .

None

Other Aaseta...................... _ _ _ _N_o_n_e

Total Aaseta ................. I 8,301,883.50

LIABILITIES Demand deposita..................I Time deposita.................... . Deposita of U.S. Government ..... . De~i~ of States and political sub-
divisions ...................... .
8:C::.:!a~..tified: U.d c.;;.~~ cheeks, etc.) ................... . Billa payable..................... . Acceptances el<eeuted by or for ac-
I'Ount of this bank and outstanding ........................... . Other liabilities.................. . Capital. ................... -~ .... . Surplus......................... . Undivided profits................. . Reserves ........................ .

4,158,340.59 1, 701,620.59
410,585.52 1,188,982.59
137,869.22 16,241.10 None
None None 150,000.00 200,000.00 250,754.43 87,489.46

Total Liabilities.............. I 8,301,883.50

68

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of
BANK OF GIBSON Gibson, Ga.

As called for by the Superintendent of Banks

LOUIE H. GRIFFIN, 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 proceBB 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 fi:rtures........................ . Real estate owned other than bank premises....................... . Investments and other &BBets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Aasets..................... .
Total Aasets . . . . . . . . . . . . . . . . . S

122,856.02 384,375.00
83,219.53 None None
93,412.07 10,000.00
None
None None None 693,862.62

LIABILITIES Demand deposits..................S Time depos1ts.................... . Deposits of U.S. Government ..... .
D'Jl~: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 .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves............. : .......... .

381,946.36 None None
242,000.00 None
166.26 None
None None 25,000.00 37,500.00 7,250.00 None

Total Liabilities. . . . . . . . . . . . . S 693,862.62

STATEMENT

Showing condition at the close of business December 31, 1960, 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-
cludinj( reserve balances, and cash items m proceas of collection...... S United States Government obligations, direct and guaranteed ..... . Oblip~op~ of States and political
su'bdi.VlBlODB . ...........
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fi:rtures........................ . Real estate owned other than 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....................

332,943.91 242,513.15 112,695.66 310,662.95
None 585,982.19
22,649.60 None
None None None

Total Aasets ................. S 1,607,447.46

LIABILITIES Demand deposits.................. S Time depos1ts.................... . Deposits of U.S. Government..... .
D~!l~n~f. ~~~~s. ~~~- ~-~l~t~~~~. ~~~
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.................. .
~:;f:!.
Undivided profits................. . Reserves........................ .

610,587.98 536,181.15
12,669.81 259,246.41
None 672.65
None
None 11,553.81 60,000.00 40,000.00 76,535.65
None

Total Lisbilities...............S 1,607,447.46

FORTY-FIRST ANNUAL REPORT--------------------69
STATEMENT Showing condition at the close of business December 31, 1960, of

THE GLENNVILLE BANK Glennville, Ga.

As called for by the Superintendent of Banks

J. A. BACON,

President.
Date of Charter: 1-12-1905 ==-=-=-=-=-========= ----- ---

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 ..... . Obligs~i~n~ of States and political
subdtVISIOOS. , , ...........
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~~he~ef:~~i~~- ~~n~..~r~~i.s~
Customers' liability to this bank on
Ott';.e=~~-~~~t~~~-i~~::::::::::

483,919.23 1,070,670.63
67,034.10 None None
1,332,652.54 34,435.77 None
None None 4,615.80

J. A. ROGERS, Cashier.
Began Business: 1-18-1905

LIABILITIES Demand deposits................. S Time deposits.................... . Deposits of U.S. Government ..... .
D':fl~i!t~n~f ~~~~~s. ~~~- ~-ol~ti~~~- ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . OthP.r liabilities . . . . . . . . . . . . . . . . . .. Capital.. ........................ . S!lrplus ......................... . Undivided profits................. . Reserves ........................

1 ,083,658. 75 1,445,801.29
10,473.96 214,111.86
None 9,879.13
None
None 5,204.88 75,000.00 75,000.00 65,198.20 9,000.00

Total Assets .................. S 2,993,328.07

Total Liabilities. . . . . . . . . . . . . S 2, 993,328.07

STATEMENT

Showing condition at the close of business December 31, 1960, 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...... S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political
BUbdiV1810DB ,
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..................... .

338,443.86 305,000.00
20,000.00 75,000.00
None 569,703.93
15,690.27 None
None None None

Total Assets.................. S 1,323,838. 06

LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D';fl~~t~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 .................. . Capital.. .................... , . , .. Surplus ......................... . Undivided profits................. . Reserves ........................ .

459,115.98 495,135.10
2,050.00 197,231.40
None 805.27
None
None None 35,000.00 65,000.00 69,500.31 None

Total Liabilities............. S 1,323,838.06

70

DEPARTMENT OF BANKING

STATEMENT Showing condition at the elose of business Deeember 31, 1960, of
BANK OF GRAY Gray, Ga.

As ealled 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 CaSh, balances with other banks, in-
cludiJI4 reserve balances, and cash itema m procesa of collection...... S United States Government obligations, direct and guaranteed ..... . Obli,p~~o!'~ of States and political au'bdivwona . . . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures.. Co1p0rate stocks (including stock of
Federal Reaervt> Bank) . . . . . . . . . . . Loans and discounts (including over-
drafts) ........................ . Bank premiaea owned, furniture and
fixtures........................ . Real estate owned other than bank
premiaea.............. Investments and otht>r aaaeta indi-
rectly representing bank premiaea or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aeaeta....................

284,146.43 456,000.00
23,000.00 25,000.00
None 757,698.41 24,823.37
None
None None None

Total Aeaeta ................ S 1,570,668.21

LIABILITIES S Demand depoaita................ . Time deposita................... . Deposita of U.S. Government ..... . DeJ!OI!i~ of States and political aub-
divisaona . ..................... . Deposita of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Billa payable...................... . Acceptances executed by or for ac-
count of this bank and outetanding........................... . Other liabilities................ Capital.......................... Surplus ........................ Undivided profite................. Reserves ...................

814,668.89 335,811.05
2,680.75 283,790.03
None 5,171.26
None
None None 50,000.00 50,000.00 28,546.23 None

Total Liabilities........ S 1,570,668.21

STATEMENT

Showing eondition at the elose of business Deeember 31, 1960, 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-
c)~ reserve balances, and cash items m procesa of collection..... $ United States Government obligations, direct and guaranteed......
0~~~o:.f..~~~-~~-~~~~
Other bonds, notelt, and debentures.. Co~rate atoeke (includin1 stock of
Federal Reserve Bank)........... Loans and discounts (including over-
drafts) . . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and
fixtures. . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premiaea...... . . . . . . . . . . . . . . . . . . Investmente and other uaete indi-
rectly representing bank premiaea or other real estate. . . . . . . . . . . . . Customers' liability to this bank on acceptances outatandina. . . . . . . . . Other Aeaete.... . . . . . . . . . . . . . . . .

453,008 .34 598,745.01 179,087.19 213,187.51
None 874 004. 92
6, 167.97 None
None None None

Total Aeaeta. . . . . . . . . . . . S 2 ,324, 200 .94

s LIABILITIES
Demand depoaita............... . Time depos1te.................... . Deposita of U. S. Government ..... .
D'rv1!~~~ ~~~- ~~ ~.~~t~~~~ ~~~
Deposita of banks ................ . Other depbeita (certified and officers'
checks, etc.) ................... Billa payable.................... Acceptances executed by or for ac-
count of this bank and outetanding........................... . Other liabilities.................. . Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

736,488.78 1,094,877.53
45,736.07 194,368.61
None 24,422.85
None
None 7,500.00 75,000.00 100,000.00 45,807.10
None

Total Liabilities. . . . . . . . . . . . . s 2, 324,200.94

FORTY-FIRST ANNUAL REPORT

'71

STATEMENT Showing condition at the close of business December 31, 1960, of
THE CITIZENS BANK Greensboro, Ga.

As called 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-
cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.~ of States and political subdiV181ons ................... . 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-
:"!~be~e:'::J"'.!~~':. ~~~- -~~~
Customers' liability to this bank on acceptances outstanding......... .
Other Assets................... .

383,931.20 352,515.63 238,074.47
None None None 742,154.43 1,096.75 None
None None 3,438.84

Total Assets .................. $ 1,721,211.32

LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Dep0t1its of U. S. Government . . . . . .
D";fi~~~~~ ~~~~ ~~ ~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 ........................ .

722,591.73 572,026.37 36,154.14 200,850.00
None 5,441.25
None
None 260.00 75,000.00 62,500.00 46,387.83
None

Total Liabilities............. $ 1,721,211.32

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE GREENVILLE BANKING CO. Greenville, Ga.

As ealled for by the Superintendent of Banks

J. P. ATKINSON, President.
Date of Charter: 10-24-188'7

R. J. ATKINSON, Cashier.
Began Business: 1891

ASSETS

Cash, balances with other banka, inclu~ reserve balances, and cash items m process of collection ...... S

229,661 .35

United States Government obligations, ditect and guaranteed. . . . . .

692,101.58

Obliga~o}l!l of States and political

aubdivlBIODB ....................

51,310.21

Other bonds, notes, and debentures. .

70,110.00

Corporate stocks (including stock of Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

d:-afts). . . . . . . . . . . . . . . . . . . . . . . .

311,146.97

Bafnikxtpurermeisse.s..o..w.n..e.d.,..f.u.r.n.i.t.u.r.e..a.n..d

7 ,383. 74

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..........

None

Other Assets..................... - - - - - -

Total Assets ................. $ 1,361,713.85

LIABILITIES Demand deposits.................. $ Time deposits.................... .

Deposits of U. S. Government . . . . . .
D";fi~~t~~f. ~~~~- ~~~- ~-o~~t~~- ~~~

Deposits of banks ................ .

Other deposits (certified and officers'

checka, etc.) ................... .

Bills payable..................... .

Acceptances executed by or for ac-

count of this bank and outstand-

ing........................... .

Other liabilities.................. .

~Ua~pivriu!d.ed::p:r:o:f:it:s:.:.:.:.:.:.:.

::: ...

:: ..

:: ..

: .

:: ..

: .

Reserves ........................ .

664,767.81 423,238.58 22,759.93
96,251.37 None
1,686.27 None
None 11,221.05 50,000.00 50,000.00 41,788.84
None

Total Liabilities.............. $ 1,361,713.85

72

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

COMMERCIAL BANK AND TRUST COMPANY Griffin, Ga.

As called for by the Superintendent of Banks

D. J. ARNOLD, President.
Date of Charter: 10-11-1889

JACKSON D. HARDY, Cashier.
Began Business: 10-9-1890

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political subdivtstons ................... . Other bonds, notes, and debentures .. Corporate stocks (inclu:ling stock of Federal 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..................... .

1,848,580.01 5,050,873.71
875,425.65 None None
6,450,324.87 50,775.88 161,252.00
None None None

Total Assets .................. $ 14,437,232.12

LIABILITIES Demand deposits................. $ Time depostts.................... . Deposits of U. S. Government ..... .
D';ll~~!l~n~f ~~~~~s. ~~~. ~.o~~t~~~~. ~~~:
Deposits of hanks ................ . 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 ........................ .

5,957,475.48 5,165,927.67
559,603.89 773,749.31
8,307.52 132,998.60
None
None 596,889.69 400,000.00 600,000.00 242,279.96
None

Total Liabilities.............. $ 14,437,232.12

STATEMENT

Showing condition at the close of business December 31, 1960, 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......
0~~f,'d\~~for:'sf..~~~~ .~n~.. ~~~i~~~.1
Other bonds, notes, and debentures.. Corporate stocks (including stuck 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~::!":~:!.'::. ~~n~..pr~~i.se~
Customers' liability to this bank on
Ott;~e=~=~.~~~s.t~~~.i~~::::::::::

2,122, 791.65 2,097,455.32
870.309. 11 277,055.05
24,000.00 3,516,352.26
180,673.37 None
None None None

Total Assets ................. $ 9,088,636.76

LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... .
DeJi~!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 ........................ .

4,161,351.01 2,204,682.48
535,060.11 1,079,341. 78
None 23,033.02
None
None 86,997.44 300,000.00 500,000.00 198,170.92
None

Total Liabilities.............. S 9, 088,636. 76

FORTY-FIRST ANNUAL REPORT

73

STATEMENT Showing condition at the close of business December 31, 1960, 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-
cludin!! reserve balances, and cash items m proceBB of collection. . . . . . S United States Government obligations, direct and guaranteed ..... .
Ob~~~o:1. -~~~. ~~~. ~~~~~
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 .. Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other aBSeta indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . OtherAaaeta......................

213,654.46 163,791.00
None 24,841.36
None 288,874.16
526.70 1.00
None None 3,474.78

Total Aaaeta. . . .. . . . . . . . .. . .. -~--6-9-5-,1-6-3-.4-6

LIABILITIES Demand deposita..................S Time depostta.................... . Deposita of U.S. Government ..... .
De~!~'-~~~-~~-~~~~-~~~
Deposita of banks ................ . Other deposita (certified and officers'
checks, etc.) .................. .. Billa payable..................... . Acceptances ellecuted by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. .
~:;~::::::::::::::::::::::::::
Undivided profits................. . Reserves....................... ..

312,331.86 155,959.29
8,940.00
97' 100.00 None
541.85 None
None None 25,000.00 75,000.00 20,290.46 None

Total Liabilities.............. $ 695,163.46

STATEMENT

Showing condition at the close of business December 31, 1960, of

CITIZENS BANK OF HAHIRA Hahira, Ga.

As called for by the Superintendent of Banks

D. K. HOLLIS, JR., President.
Date of Charter: 2-12-1927

M. W. KIRKLAND, Cashier.
Began Business: 2-21-1927

ASSETS Cash, balances with other banks, in-
cludin!! reserve balances, and cash items m process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~i".ll!' of States and political aubdivlBtons ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and filltures ........ 0....... 0. 0..... . Real estate owned other than bank premises.................... Investments and other aBSets indirectly representing bank premises or other real estate ... 0 Customers' liability to this bank on acceptances outstanding......... . Other Aaaeta..................... .

208,079.00 259,120.16
None 175,385095
None 634,214.66
26,553.36 2.00
None None None

Total A88eta .................. S I ,303,355. 13

LIABILITIES Demand deposita................. S Time depostta.................... . Deposita of U. S. Government . . . . . .
D~~C:. ~~~- ~~- ~~t~~l. ~~~
Deposita of banks .. 0 . . . . . . . . . . . . . . Other deposita (certified and officers'
checks, etc.) ................... . Billa payable.................... .. Acceptances ellecuted by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ..... 0 Undivided profits................ .. Reserves ........................ .

576,753.41 512,1810 74
5,206.25
60,717.45 8,176015
None None
None 15,768.35 25,000.00 75,000.00 9,748.36 14,803.42

Total Liabilities............. 0 S 1,303,355013

74

DEPARTMENT OF BANKIN_G_ _ _ _ _ _ _ __

STATEMENT Showing condition at the close of business December 31, 1960, of
COMMERCIAL BANKING COMPANY Hahira,GL

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-
cludiDJ reserve balancee, and caeh iteme1n proceae of collection..... S United Statee Government obliptione, direct and guaranteed . . . . . . Ohliga~o.n~ of Statee and political aubdiVl81one . . . . . . . . . . . . . . . . . . . . Other bonds, notee, and debenturee.. Corporate stocks (includina etock of Federal Reeerve Bank)........... Loane and discounts (including overdraft&)......................... Bank premieee OWned, furniture and fixturee...................... . . . Real eetate owned other than bank premises....... . . . . . . . . . . . . . . . . . Inveetments and other IU!IIf'ts indirectly repreeenting bank premieee or other real eetate. . . . . . . . . . . . . . Customere' liability to this bank on acceptancee outstanding. . . . . . . . . . Other Auete......................
TotalAuets.................. s

213,635.91 552 ,090. 80
None None None 183,704.01 2 ,505. 52 None
None None , None 951,936.24

Demand

LIABILITIES depoeits.................

s

Time depos1ts.................... .

Depoeits of U.S. Government ..... .

DeJ!O!i~e of Statee and political sub-

diviatona ...................... .

8:=~:;.~:&rtiii..d ;.:..d 'oii;;,e~

checke, etc.) ...................

Bille payable..................... .

Acceptancee ezecuted by or for ac-

count of this bank and outstand-

ing.......................... ..

Other liabilitiee.................. .

Capital. ......................... .

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

Undivided pro6ta................. .

Reservee ....................... ..

370,434.72 418,403.69
1,113.68 85,751.19
None None 2,982.48 None
None 3,750.00 25,000.00 17,500.00 2,000.48 25,000.00

Total Liabilities.......... S 951,936.24

STATEMENT Showing condition at the close of business December 31, 1960, of

CITIZENS BANK OF HAPEVILLE Hapeville, GL

As called for by the Superintendent of Banks

A. P. JACKSON, President.
Date of Charter: 7-20-1945

W. L. WILLIAMSON, Cashier.
Began Business: 9-4-1945

ASSETS

Cash, balancee with other banks, in-

cludiDJ reeerve balancee, and caeh

iteme lD proceea of collection ......$ 1,086,313.62

United Statee Government oblip-

tions, direct and guaranteed ..... . 1,198,860.00

Ob!f!nO::O:..~~~. ~~..~~~ 56,215.89

Other bonds, notee, and debenturee.. 789,275.00

Co.!JIC)rate atocka (mcludina stock of

Federal Reeerve Bank) ..........

None

Loans and discounts (including over-

drafts) ........................ . 2,471,386.83

Bank premiaee owned, furniture and

fixturee........................ .

98,538.94

Real eetate owned other than bank

premieee....................... .

17,243.94

Inveetments and other aeaets indi-

rectly repreeenting bank premisee

or other real eetate............ ..

25,000.00

Cuatomera' liability to this bank on

acceptances outatanding......... .

None

Other Assets..................... .- - 3-0,0-79.-81

TotalAuets................. S 5,772,914.03

LIABILITIES

Demand d8P.OBits.............S 3,429,791.77

Time deposita.................... . 1,194,961.29

Depoeita of U. S. Government ... 120,011.16

DeJ!O!i~s of Stetee and political sub-

diviaJona ...................... .

355,395.30

g::a:::..r:t:&rtiii..d ad "om;,e,;; 74,642.57

checks, etc.) ................... .

63,690.79

Billa payable..................... .

None

Acceptancee ezecuted by or for ac-

count of this bank and outstand-

ing.......................... ..

None

Other liabilitiee. , ................ .

93,568.30

Capital. ......................... . 300,000.00

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

75,000.00

Undivided pro&ta................. .

65,852.85

Reservee ........................ .

None

Total Liabilitiee.............. S 5, 772,914.03

---------'-'F.ORTY-FIRST ANNUAL REPORT

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF COLUMBIA COUNTY Harlem, Ga.

As called for by the Superintendent of Banks

E. D. CLARY, JR. President.

EMILY W. CRAWFORD, Cashier.

Date of Charter: 11-29-1909

Began Business: 12-13-1909

ASSETS Cash, balances with other banks. in-
eluding r~S<'rve bl\lanfi'S, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligo ~io.n~ of States and political sulxbvtstons ................... . Other hondo, notes, and debentures .. Corporate stocks (induding stock of Federal 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 aceeptances outstanding......... . Other Aasets.................... .
Total Assets . . . . . . . . . . . . . . . . . $

367,814.90 561,421.88 39,390.50
None None 516,313.10 I ,240.54 None
None None None 1, 486, 180 .92

LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U. S. Government ..... .
Ddi~i!t~n~f. ~~~~es. ~~~- ~.'~t~~~~. ~~~
Deposits of tanks ................ . 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 ........................ .

539,627.08 478,560.00
16,550.91 238,071.53
None 3,783.46
None
None 5,117.04 50,000.00 75,000.00 69,470.90 10,000.00

Total Liabilities. . . . . . . . . . . . . $ I ,486, 180. 92

STATEMENT

Showing condition at the close of business December 31, 1960, 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 reserv~ balanees, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political
8UhdiV18lOD8 , ......
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 PState ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

819,422.58 I ,821,848.83
523,758.02 195,290.00
None I ,512,689.43
1.00 1.00
None None None

Total Assets.................. $ 4,873,010.86

LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U.S. Government . . . . . . DeP.o~ijs of States and political sub-
divisions ...................... . DPpoRits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
rh~cks, etc.) ................... . Bills payable..................... . Aceeptancrs executed by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves .......................

2,516,127.14 I, 120,845.86
103,821.84 710,113.12
None 16,310.50
None
None None 100,000.00 100,000.00 170,792.40 35,000.00

Total Liabilities.............. $ 4,873,010.86

76

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

PLANTERS BANK Hawkinsville, Ga.

As called for by the Superintendent of Banks

W. N. PATE,

President.

Date of Charter: 2-27-1896

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

-

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

ASSETS Cash, balanc<':; with other banks, in-

cluding reserve balances, and cnsh S items in pruccss of collection..... .

488,717.97

United States Uovernmcnt obligations, direct and guaranteed ..... .
Obligations of States and p.llitical subdivisions ................... .
Other bonLls, notes, and dchcnturr.s .. Corporate stocks (including stock of
}.'edcral Itescrve Ba:tk) .......... .

1,044,019.08
169,729.17 None
None

Loans and discounts \.including overdrafts) ........................ .

883,443.36

Bank prcmis<s owned, furniture and fixtures ........................ .

2,500.00

Real estate owned other than bank premi&>s....................... .

None

Investments n.nc..l other assets indi-

~~c~~e~e;;:1s~~:~~;. ~~~~- -~r~~~i-s~~

None

Customers' liability to this bank on acceptances outstanding.. . . . . . . . .

None None

Other Assets...................... - - - - - -

J. P. McGRIFF, Cashier.
Began Business: 3-1896

LIABILITIES }?~rnan~l deposits ................. S I liHC dt!(YJSitS .................... . Ucposit.s of U. S. Government ..... . Dcp.)::;its of ~tates and political sub-
divisions ...................... . I )<"p,,sirs of hnnks ................ . Other tlepe.sits (tcrtificd and offi('er~
chcl"ks, etc.) ................... . llill pn~ablc ..................... . Acceptances cxccttcd by or for ar.-
count of thi~ hank and outstanding ........................... . Ot h<'r liabilities .................. . Capital. ......................... . Surplus ......................... . l~ndivirlcd profits ................. . Reserves ........................ .

1,674,799.40 328,793.45 None
240,299.48 None
12,031.62 None
None None 100,000.00 50,000.00 75,000.00 107,485.63

Total Assets .................. S 2,588,409.58

Total Liabilities.............. S 2,588,409.58

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

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE PULASKI BANKING COMPANY Hawkinsville, Ga.

As called for by the Superintendent of Banks

R. D. BUCHAN,

WM. E. MEADOWS,

President.

Cashier.

Date of Charter: 7-20-1949

Began Business: 8-27-1949

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

ASSETS Cash, balances with other banks, in-
f'luding reserve balances, and cash items in process of collection......S United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdidsions ................... . Otlwr bouc..is, notes, and debentures .. Corporate stocks (induding stock of f et!eml Hcserve Bank) .......... . Loans aml discounts (including overdrafts) .................. - ..... .
Bank premises owned, furniture and fixtures........................ .
Real estate owned other than bank premises........... ~ ........... .
Investments and other assC'ts indirectly rcpr('senting bank premises or other real estate ............. .
Customers' liability to this bank on
a<eptnnccs outstanding ......... . Other Assets..................... .

255,079.58 605,000.00
5,000.00 None None
978,108.72 97,321.70 None
None None None

LIABILITIES Demand deposits..................$ TinlC deposits.................... . Deposits of U. S. Government ..... . Dcp.>sits of States and political sub-
t.livisions ...................... . D<>posits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . llilis payable..................... . Ac<~cptanecs executed by or for ac-
count of this bank and outstanding ........................... . Other liahilities .................. . Capital. ......................... . Surplus ......................... .
l'mJ.hitlcd profits.............. . }{tsPrVPS ..... , .................. .

782,878.73 752,252.76
None
213,565.34 None
10,536.13 None
None 1,616.71 100,000.00 50,000.00 29,660.33
None

Total Assets..................$ 1,940,510.00

Total Liabilities. . ........... S 1,940,510.00

- - - -FO-R-TY-FIRST ANNUAL REPORT

77

STATEMENT

Showing condition at the close of business December 31, 1960, 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-
eludiDJ reserve balances, and cash items 1n proeeaa of collection ...... S United States Government obligations, direct and guaranteed ..... . Ob!iga~io!'~ of States and political au"bdiV18tona . .................. . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Rt>aerve Bank) . . . . . . . . . . . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indi-
:"!~1e~r..'.!f~:!':. ~~- .~r~~
Customers' liability to this bank on acceptances outstanding......... .
Other Assets...................
Total Assets ................. s

1,038,439.32 780,192.22 19,000.00 None None 579,703.96 2.00 None
None None 989.58 2,418,327.08

Demand

deposita .

LIABILITIES ...............

..

S

1, 757,417.39

Time depos1ta .................... .

107,685.33

Deposita of U.S. Government ..... .

3,500.00

DeJ!O!i~ of States and political aub-

divistona ...................... .

193,400.69

Deposita of banks ................ .

30,251.47

Other deposita (certified and officers'

cheeks, etc.) ................... .

14,208.55

Billa payable..................... .

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing........................... .

None

::::::::::::::::::::::::: Other liabilities.................. .
~:r.:f~.

27,808.84 100,000.00 100,000.00

Undivided profits.................

69,054.81

Reserves ........................ .

15,000.00

Total Liabilities............. S 2,418,327.08

STATEMENT

Showing condition at tne close of business December 31, 1960, 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 D. ANDERSON, Cashier.
Began Business: 7-21-1909

ASSETS

Cash, balances with other banks, in-

eludiDJ reserve balances, and cash items m proceaa of collection...... S 344,962.15

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

574,312.50

o~~f:l~wo~f. -~~~. ~~. ~~i~~~ 72,117.88

Other bonds, notes, and debentures..

225,140.63

Corporate stocks (ineludin1 atoek of Federal Reaerve Bank) .......... .

None

Loans and discounts (including overdraft&) ........................ .

693,958.77

Bank premises owned, furniture and fixtures ........................ .

13,940.44

Renl estate owned other than bank premises....................... .

None

Investments and other assets indi-

rectly repreaenting bank premises or other real estate ............. .

None

- - - - - - Customers' liability to this bank on acceptances outstanding....... Other Assets....................

None None

Total Assets . . . . . . . . . . . . . . S 1,924, 432 .37

LIABILITIES S Demand deposita................ . Time depoa1ta .................... . Deposita of U.S. Government ..... .
D';ll~!}~~f. ~~~~- ~~~ ~o.l~t~~~ ~~~
Deposita of banks ................ . Other deposita (certified and officers'
cheeks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ao-
eount of this bank and outstanding ........................... . Other liabilities.................. .
~:r~~.::: ::::::::::::::::::::::.
Undivided profits................. . Reserves ........................ .

845,770.66 700,051.50
12,773.76 138,640.20
None 25,437.28
None
None 24,587.41 50,000.00 50,000.00 77,171.56
None

Total Liabilities............ .. S 1 ,924, 432 .37

78

_ _ _ ____:D=-:E=-:P:...:A~R:.::T:...:MENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE HINESVILLE BANK Hinesville, Ga.

As called for by the Superintendent of Banks

T. H. McDOWELL, President.
J?at~~f Charter: 9-4-!911

W. F. MARTIN, JR., Cashier.
Began Business: 11-15-1911

ASSETS Cash, balances with other banks, in-
cludin!' reserve balances, and cash items m proeeas of collection ...... S United States Government obliga-
. tions, direct and guaranteed. . . . . .
0~~:01:. -~~~. ~~~- ~~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 aasets indi-
rectly representing bank premises or other real estate . . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Aasets.. . . . . . . . . . . . . . . . . . . . .

311 , 980 .94 652,683.62 181,848.50 250,000.00
None 1,023,127.41
16,772,61 None
None None 3, 454. 46

Total Aasets .................. S 2 ,439 ,867 . 54

LIABILITIES Demand deposita................. $ Time depostts.................... . Deposita of U.S. Government ..... . De~i!s 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 ........................

1,155,796.74 565,840.33 102,005.13 366,866.82 None 6,599.65 None
None 4,453.54 60,000.00 100,000.00 57,805.33 20,500.00

Total Liabilities............. $ 2,439,867.54

STATEMENT

Showing condition at the close of business December 31, 1960, of

EMPIRE BANKING COMPANY Homerville, Ga.

As called for by the Superintendent of Banks

J. L. SUMMERLIN, President.
Date of Charter: 3-1-1945

CHAS. T. LODER, Cashier.
Began Business: 6-1-1945

ASSETS

Cash, balances with other banks, in-

cludinl' reserve balances, and cash

items m process of collection......$ 614,930.44

United States Government obliga-

tions, direct and guaranteed ..... .

377,668.50

0~~\~~onO:..~~~. ~~.. ~~i~~c~.l

None

Other bonds, notes, and debentures..

11,786.50

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

746,085.88

Bank premises owned, furniture and

fixtures ........................ .

10,080.94

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 Aasets.. .. . .. .. .. .. . .. . $ 1,760, 552.26

LIABILITIES Demand deposits................. S 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 J)ILyable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

815,198.79 568,135.28
18,462.20 187,352.41
None 18,706.95
None
None 2,696.63 50,000.00 50,000.00 30,000.00 20,000.00

Total Liabilities.............. $ 1 ,760, 552. 26

FORTY-FIRST ANNUAL REPORT

79

STATEMENT

Showing condition at the close of business December 31, 1960, of
WILKINSON COUNTY BANK Irwinton, Georgia

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

=======================7==========-~-=====-------====

ASSETS Cash, balances with other banks, in-
c-luding r'scrve balan('(~s. and cash items in proc('sS of collection ...... $ Vnited States Government obligations, direct and guarantet"d ..... . Obligat_io_n~ of States and political
subdlVISlODS ...............
Other bonds, notrs, and dehenturPs.. Corporate stocks (ineluding stock of
:Federal Reserve Rank) .......... . Loans anc.l discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premisrs....................... .
Investments and othPr assets indirectly reprPsenting bank premises or other real Pstatc ............. .
Custom~rs' liability to Ihis bank on aceeptan("CS outstanding ......... .
Other Assets..................... .

331,929.79 220,000.00
20,750.00 208,893.75
None 513,308.70 23,140.00
1.00
None None None

LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of l'. S. Government ..... . Deposits of States and political sub-
divisions ...................... . Deposits of hanks ...... . Other deposifs (certified and officers'
eherks, Pte.) ................... . Rills payable..................... . Acc-eptanC'PS rxc<"utcd by or for ac-
count of this bank and outstanding .......................... . Other liabilities .................. . Capital. ......................... .
Rurplus ......................... . Undivided profits................. . RPserves ........................ .

577,918.80 354,278.74
20,477.30
224,583.85 None
7,559.46 None
None 6,100.00 25,000.00 50,000.00 52,105.09
None

Total Assets .................. $ 1,318,023.24

Total Liabilities............. $ 1,318,023.24

STATEMENT

Showing condition at the close of business December 31, 1960, of

JASPER BANKING COMPANY Jasper, Ga.

As called for by the Superintendent of Banks

CARTER B. BURGESS, President.
Date of Charter: 1-17-1945

JAY L. HARRISON, Cashier.
Began Business: 3-12-1945

=======================T================-==----~--------

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and ~h items in process of collection...... S United States Government obligations, direct and ~uaranteed ..... . Obligat.io.n~ of States and political suhdtvtstons ................... . Other bonds, notrs, 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....................... .
Investmt'nts and other assets indirec-tly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

564,458.56 1,181,269.64
None 299,687.50
None 990,583.16
26,925.55 None
None None 2,096.58

LIABILITIES Drmand deposits................. $ Time deposits.................... . Deposits of V. S. Government ..... .
D'Jl~i!\~n~f ~tales_ ~~-d _Po_lit.ical sub~
Drposits of banks ................ . Other deposits (certified and officers'
rhecks, etc.) ................... . Rills payable..................... . Arcf'ptanrrs excrutrd by or for ar.-
count of this bank and outstanrling .......................... . Other liabilities .................. . C"apitnl. ......................... . Rurplus ......................... . l'ndividerl profits................. . Reserves ........................ .

1,399, 783.53 1,078,037.54
43,005.30
282,637.76 10,000.00
None None
None 6,430.68 50,000.00 50,000.00 120,126.18 25,000.00

Total Assets ................. $ 3,065,020.99

Total Liabilities.............. $ 3,065,020.99

80

DEPARTMENT OF BANKING -------------------

STATEMENT

Showing condition at the close of business December 31, 1960, of

WAYNE STATE BANK Jesup, Ga.

As called for by the Superintendent of Banks

W. GLENN THOMAS, President.
Date of Charter: 8-5-1953

R. W. WOODRUFF, Cashier.
Began Business: 1-2-1954

ASSETS Cub, balances with other banks, in-
eluding reaerve balances, and cash it~ma in proceBB of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political
8UbdlVJ810DB . .............. , .
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 888eta indi-
rectly rep~esenting bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Aasets..................... .

361,059.12 429,880.21
10,000.00 None None
819,712.58 12,871.02 22,068.47
None None 21,725.92

Tota!Aasets................. S 1,677,317.32

LIABILITIES Demand deposits................. S Time depos1ts.................... . Deposita of U.S. Government ..... .
D~!l~~f ~~~~s- ~~-d. -~l~t.ic~l. ~u~~
neposits of banks ................ . Other deposits (certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or fnr ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~~.!'~f:!.-::::::::::::::::::::::: ::
Undivided profits................. . Reserves ........................ .

839,373.55 427,251.36
12,667.29 189,329.57
None 28,642.74
None
None 3,618.87 100,000.00 50,000.00 26,433.94
None

Total Liabilities.............. S 1,677,317.32

STATEMENT

Showing condition at the close of business December 31, 1960, 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. STEVENS, Cashier.
Began Business: 11-7-1903

ASSETS Cub, balances with other banks, in-
s 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
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..... . . . . . . . . . . . . . . . . . . . Investment and other assets indi-
rectly representing bank premises or other real estate . . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Auets......................

580,317.15 1, 954,774.89
196,032.87 100,258.00
Nor.e 819,496.58 51,169.46
None
None None 6,857. 76

Total Auets ................. S 3, 708,906. 71

LIABILITIES Demand deposits..................S Time depos1ts.................... . Deposits of lT. S. Governmerot ..... .
D'Jl~!l~n~f ~t~tea_ a~d. ~-~l~ti~~~- ~u~~
neposits of hanks. . . . . . . . . . . ..... 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 ........................ .

1,284,988.29 758,52il.66 169,087.65
1,221,015.50 None
26,424.40 None
None 38,122.82 100,000.00 75,000.00 35,738.39
None

Total Liabilities.............. S 3,708,906.71

FORTY-FIRST ANNUAL REPORT

81

STATEMENT Showing condition at the close of business December 31, 1960, 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 balances, and cash items in process of collection: ..... S United States Government obligations, direct and guaranteed ..... .
o~~=o.:'.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 indi-
:!~be~e~:3".!:!"t!. ~~..~r~~~
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
Total Assets..................s

324,473.56 595,506.50
5,000.00 None None
842,742.96 40,546.95 None
None None None 1 ,808,269. 97

LIABILITIES Demand deposits................. S Time depos1ts.................... . Deposits of U. S. Government ..... .
D'Jl~l:n~~ ~~~- ~~- ~~~~. ~~~
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 .................. .
~~~f:!.:::::::::::::::::::::::::
Undivided profits................. . Reserves........................ .

547' 178.25 758,831.16
None 276,411.54
None 6,520.49
None
None None 50,000.00 100,000.00 50,000.00 19,328.53

Total Liabilities..............S I ,808,269. 97

STATEMENT Showing condition at the close of business December 31, 1960, of

THE BANK OF LAFAYETTE, GEORGIA 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 other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Oblip~io.n~ of States and political aubdtVlBJona ....... 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 premiaea....................... . Investments and other assets indirectly representing bank premises or other real estate . . . . . . . . . . . .. Customers' liability to this bank on acceptances outstanding......... . Other Assets: .................... .

1,045,458.32 1,877,909.38
618,037.85 None None
I ,682,585.08 94,719.01 6,000.00
None None 417.47

Total Assets .................. S 5,325,127.11

LIABILITIES

Demand deJ>osits.................. S 2,539,881.81

Time depos1ta.................... . 1,544,884.18

Deposita of U.S. Government ..... .

39,587.81

De~i!B of States and political aub-

divistons...................... 660,976.14

Deposits of banks................ .

None

Other deposita (certified and officers'

checks, etc.) ................... .

11,660.31

Billa payable ..................... .

None

Acceptances executed by or for ac-

count of this bank and outstand-

ing........................... .

None

Other liabilities.................. .

56,599.19

Capital. ......................... . 100,000.00

Surplus ......................... . 300,000.00

Undivided profits................. .

71,537.67

Reserves ........................ .

None

Total Liabilities.............. S 5,325,127.11

82

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of
THE CITIZENS AND SOUTHERN BANK OF LAGRANGE LaGrange, Ga.

As called for by the Superintendent of Banks

HARRY R. SPIKES, Presidt:nt.
Date of Charter: 7-23-1937

V. HAWLEY SMITH, Cashier.
Began Business: 8-2-1937

ASSETS Cash, balances with other banks, in-
cluding reserve bnlanoes, and cash items in process of collection...... S United States Government obligations, direct and guaranteed...... ObliJlat.io.n~ of States and political
SUbdiVISIOnS....................
Other bonds, notes, and debentures.. Corporate stooks (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 renl estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.. . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .

2,534,951.50 4,519,559.54 1,903,036.96
None 6,000.00 7,503,361.89 112,356.27 26,600.00
None None 42 ,596 .57

s Total Assets .................. 16,648,462.73

LIABILITIES Demand deposits................. S Time depos1ts.................... . Deposits of U.S. Government ..... .
D'Jl~i!l!n~f ~~~~~s. ~~~- .p.~l~t.i~~~. ~~~~
Deposits of hanks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acccptanoes executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

7,420,545.63 4,988,109.32
888,761.25
1.092 '791. 37 4,790.99
13,693.80 None
None 1,014,706.78
300,000.00 400,000.00 120,593.89 404,469.70

Total Liabilities.............. S 16,648,462.73

STATEMENT Showing condition at the close of business December 31, 1960, of

LAGRANGE BANKING COMPANY LaGrange, Ga.

As called for by the Superintendent of Banks

A. E. MALLORY, JR. President.
Date of Charter: 7-8-1941

PAUL L. GRAY, Cashier.
Began Business: 9-15-1941

ASSETS Cash, balanc.es with other IJanks, in-
cluding reserve balanct-s, nnd cash items in process of collection .......$ United States Government obligations, direct and guaranteed ..... Obligations of States and politieal subdivisions ................... . Other bonds, notes, and debentures. Corporate stocks (including stock of Federal Reserve Bank).. . . . . . ... Loans und disr,ounts (induding overdrafts) ........................ .
Bank premises owned, furniture and fixtures.... . . . . . . . . . . . . . . . . . .
Real estate owned other than bank prcmi&s...................... .
Investments and other assl"ts indirectly repres('nting bank premises or other rt>al rstate .......... .
Cust<mers' liability to this bank on acceptances outstandintt......... .
Other Assets........... .

1.353, 717.75 908,057.16 401,247.03 None None
2, 163,797.23 81,745.50 None
None None None

Total Assets.................. S 4,908,564.67

LIADILITIES Demand deposits. . . . . . . . . . . ... S Time deposits............... . Deposits of U.S. Govcrpm,'nt ..... .
D~fl~i!!~n~~ ~~~~~s. ~~~- pGI~t_i'_'~l- ~~~
Deposits of banks ................ . Other deposits (certified and oflicen'
cheeks, etc.) ............. . Bills payable..................... . AccrptanrP-s executed by or for :\r-
rount of this bank and outstandin~ ........................... . Other liabilitits ........... . Capital. ................. . ~urplus ............. . enc.Jividf'cl profits .... .
R('S(r\'('8 ...........

2, 738,243.76 1,025,322.66
9,985.22
421,753.70 59,356.22
292.00 None
None 129,694.38 100,000.00 200,000.00 152,624.11 71,292.62

Total Liabilities ..

. s 4,908,564.67

--------------------- FORTY-FIRST ANNUAL REPORT

83

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS & MERCHANTS BANK Lakeland, Ga.

As called for by the Superintendent of Banks

W. C. BANKS, SR., President.
Date of Charter: 4-18-1907

G. M. BANKS, Cashier.
Began Business: 1907

ASSETS

Cash. balances with other banks, in-

cludinf! reserve balances, and cash

items m process of collection...... S 470,835.90

United States Government obliga-

tions, direct and guaranteed ..... .

913,353.50

O~!.rJi~~~01~:. -~~~~ and_ .~~liLic~~

None

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

360,247.04

Bank premises owned, furniture and

fixtures ........................ .

8,657.48

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

TotaiAssets ................. S 1,753,093.92

LIABILITIES D.emand deposits. . . . . . . . . . . . . . . . . S Ttme depos1ts .................... . Deposits of U. S. Government ..... .
D':fi~!l!n~f. ~~~t~s. ~~-d p.o.I~t.i~al. s~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) .... : .............. . Bills payable..................... . Acceptances executed by or for ac-
cuunt of this bank and outstanding ........................... . Other liabilities .................. .
~~r~f~!. .:::::::,::::::::::::::::
Undivided profits................. . Resenes ........................ .

878,280.23 581,018.92
14,063.58
121,969.59 8,766.99
4,486.02 None
None 2,194.63 25,000.00 50,000.00 17,313.96 50,000.00

Total Liabilities.............. S 1,753,093.92

STATEMENT

Showing condition at the close of business December 31, 1960, of
NORTHEAST GEORGIA BANK Lavonia, Ga.

As called for by the Superintendent of Banks

W. N. HARRISON, President.
Date of Charter: 9-20-1940

W. N. HARRISON, Cashier.
Began Business: 9-23-1940
=-=-c=== . - ----~----- -'-'-'--"--'==-_;_:= =-:=-:.=-::_-

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 stooks (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....................... .
Invcstmf'nts and other ass<:>ts indirectly representing ba.nk premises or othf'r real estate. _. . . . . . . . - .
Customers' liability to this bank on acceptanrcs outstanding.
Other Assets .....

762,122.00 1,996,423.91
None None None 441,290.62 27,847.87 None
None None None

LIABILITIES Demand deposita..................S Time depns1ts................... . Deposita of U.S. Government..... . DeJ!~i!a of States and political aub-
diVJstona .................... 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 ........................ .

1,641,896.03 736,146.51 251,739.75
426,139.36 None
17,004.54 None
None 4,166.80 100,000.00 50,000.00
591.41 None

Total Assets.

.. $ 3,227,684.40

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

Total Liabilities. . . . . . . . . . . . . S 3, 227, 684 .40

84

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1960, 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 ...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io!'~ of States and political
subdlVISIODS . .. , ............... .
Other bonds, notes, and debentures.. Corporate stooks (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 acceptanres outstanding . ........ . Other Assets..................... .

772,401.31 1,036,336.35
548,912.03 99,625.00
6,000.00 1,845,913.98
22,826.63 None
None None None

Total Assets .................. $ 4,332,015.30

LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D'Jl~i!l~n~f ~~~~~s. ~~~. :.o.lit.ic~J. ~~~
Deposits of 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 ........................ .

1,332,060.67 2,126,794.95
9,210.83 386,919.47
None 1,112.08
None
None None 100,000.00 100,000.00 255,917.30 20,000.00

Total Liabilities.............. $ 4,332,015. 30

STATEMENT

Showing condition at the close of business December 31, 1960, 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, ~alances with other banks, in-

cludinj! reserve balances, and cash items m process of collection ...... $ 159,220.97

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

290,080.61

Obligat.io.n~ of States and political subdtv1s1ons . .................. .
Other bonds, notes, and debentures..

None None

Corporate stocks (including stock of Federal Reserve Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ .

406,924.62

Bank premises owned, furniture and fixtures........................ .

12,394.63

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

None

Investments and other assets indi-

rectly representing bank premises or other real estate ............. .

None

Customers' liability to this bank on ~ acceptances outstanding..........

~~~:

Other Assets..................... - - - - - -

Total Assets ................. $ 868,620.83

LIABILITIES
Demand deposits................. l
Time deposits.................... . Deposits of U.S. Government ..... .
D'Jl~i!l~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................. .. Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ............ , ...........

386,385.15 137,135.30
6,000.00 217,013.66
None None None
None 4,571.51 25,000.00 30,000.00 62,515.21
None

Total Liabilities.............. 1 868,620.83

FORTY-FIRST ANNUAL REPORT

85

STATEMENT

Showing condition at the close of business December 31, 1960, of
BANK OF LENOX Lenox, Ga.

As called for by the Superintendent of Banks

R. H. ROBINSON,

R. H. ROBINSON,

President. Date of Charter: 6-20-1907

Cashier. Began Business: 6-25-1907

ASSETS

Cash, balances with other banks, in-

cludillj! ressrve balances, and cash

itemsm process of collection...... S 300,129.13

United States Government obliga-

tions, direct and guaranteed ..... .

309,000.00

Obliga~io~~ of States and political

eubdivtstons . .................. .

218,700.54

Other bonds, notes, and debentures..

187,247.50

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

839,612.72

Bank premises owned, furniture and

fixtures ........................ .

4,552.28

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 A888ts . . . . . . . . . . . . . . S 1 ,859, 243 . 17

LIABILITIES Demand deJ>osits .................. $ Time depostts.................... . Deposits of U. S. Government ..... .
D~~!~n~~ ~~~- ~~- ~~~~~- ~~~
Deposits of banks ................ Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstandO tihnegr.l.ia.b. ilities.............. . . . . .
~~~f~!.::: ::: ::: ::: ::::: ::: :::::
Undivided profits................. . Reaerves .......................

598,451.34 591,891.48
44,235.52 144,284.94 133.739.48
2,100.06 None
None 21,012.97 100,000.00 100,000.00 8,527.38 115,000.00

Total Liabilities. . . . . . . . . . . S 1 ,859 , 243 . 17

STATEMENT

Shewing condition at the close of business December 31, 1960, of

FARMERS & MERCHANTS BANK Leslie, GL

As called for by the Superintendent of Banks

W. T. ANDERSON, JR., President.
Date of Charter: 12-19-1940

ROBT. P. HINES, Cashier.
Began Business: 1-2-1941

ASSETS Cash, balances with other banks, in-
s cludillj! ressrve balances, and caah
itents tn ~of collection.... United States Government oblip
tiona\ direct and auaranteed . . . . . .
Ot;.~:;:,ror:f. -~~~. ~~. ~~i~~
Other bonds, notes\ and debenturee.. Coruorate atocke (mcludina stock of
Yederal Reaerve Bank). . . . . . Loaoa and discounts (includina over-
drafts)......................... Bank premises O'll'lled, furniture and
&nuree.................. ; . . . . . .
ltepRlreeemtaitse eoaw.n.e..d..o.t.h..e.r..t.h.a..n..b..a.n.i<.
Inveetments and other ueets iudi-
~~rea:::.~.~~~
Customers' liability to this bank on acceptancee outstandina.... . . . . . .
Other Assets..... . . . . . . . . . . . . .
TotaiAssets................. S

102,019.78 489 83<l .78
None None None 167,473.70 11,851.35 None
None None None 771,184.61

Demand

cfer.osita .

LIABILITIES ......

..s

Time depoBJts.................... .
DOe:t~o=na~.~.i.a.S....~.."...:..:..~..~...-..u.t,:.. 8:l;i.\!:!.\:'fo8riitied &nd...~

checka, etc.) ................... . Bills payable...................

Acceptancee uecuted by or f'Jf aocount of this bank aDd outetand-

iq ........................... .

Other liabiliti.............
~~::::::::::::::::::::::::::

Undivided profita................ R.erves ........................

434,298.00 261,045.50
None 2,091.60
None None None
None 2,000.00 25,000.00 40,000.00 6, 749.51
None

Total Liabilities. . . . . . . . . . . . . S 771,184.61

86 ------------------D-E-P-A--R-TMENT -O-F---B-A-N--K-I-N--G------------------------
STATEMENT

Showing condition at the close of business December 31, 1960, of

CITIZENS BANKING COMPANY Lexington, Ga.

As ealled 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

Cub, balancee with other baDb. in-

cludinjl reserve balances, and caeh

itema m procaa of collection..... S 179,000.66

UDited States Gonrnment oblip..

tiona, direct and guaranteed .....

213,887.66

.. .. o~=:t:on': ~~~. ~~ ~~~~ 53,104.54

Other bonds, notes, and debenturee..

169,937.50

Corporate atocka (includina; stock of

Federal Reserve Bank) .......... .

None

Loana and diacounta (includiq over-

drafts) ........................ .

359.063.92

Bank J)I'8DliaM owned, furDitura and

fizturee........................ .

12,525.23

Re~ al estate..o.w..n.e.d..o.t.h.e.r..t.h.a.n..b.a.n.k.

None

Inveatmenta and other -ta indi-

~:r=:!:!'::.~.~~

None

Cuatomera' liability to thia bank on

~tancee outatandiq..........

None

Other Aa.ta.. . . . . . . . .. .. .. . . . . .-------6-2-9.-6-8

Total.Aaaeta................. S 988,149.19

LIABILITIES Demand deJ)OBita................. S Time depoa1ta................... Deposita of U.S. Government ..... . De~~ of States and political aub-
divialona ...................... .
~~~certiiied and c,m;,e;.; checb, etc.) .................. .. Billa payable..................... . Acceptancee esecuted by or for ao-
count of thia bank and outatandinc ........................... . Other liabilities.................. .
~=f:!::::::::::::::::::::::::::
Undivided pro&ta................ .. Reserves ........................

330,836.49 386,360.60
10,332.93 186,623.67
None 1,158.67
None
None None 25,000.00 15,000.00 32,836.83 None

Total Liabilities.. .. .. .. . .. S 988,149.19

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS STATE BANK Lincolnton, Ga.

As ealled for by the Superintendent of Banks

W. B. ALBEA,
President. Date of Charter: 9-26-1911

GEO. C. LEVERETT, JR., Cashier.
Began Business: 12-2-1911

ASSETS Cub, balances with other biiDka, in-
clu~ reserve balancee, and caeh itema 1n proceaa of collection ......$ UDited States Government obligationa, direct and guaranteed ..... . Obliga~i~ of States and political
eu"bd.lV18lOD8 ..............
Other bonds, notea, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and diacounta (including over-
drafts) ........................ . Bank premises owned, furDiture and
&xturee........................ . Real estate owned other than bank
premisea....................... . Investments and other asaeta indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaseta..................... .

461,548.99 939,408.72 201,737.29 90,033.34
None 542,467.32
2.00 None
None None None

Total Aaseta................. S 2, 235. 197. 66

LIABILITIES Demand depoaita................. S Time depoa1ta.................... . Deposita of U. 8. Government . . . . . .
D~~n~f. ~~~. ~~~. ~~t~~l. ~~~
Deposits of banks ................ . Otlier deposita (certified and officers'
checks, etc.) ................... . Billa payable.................... .. Acceptancee esecuted by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital .......................... Surplus......................... . Undivided pro&ta................. . Reaervea ............ , ........... .

869,515.58 924,813.61
13,606.78 192,134.14
None 390 00
None
None 2,805.33 50.000.00 50,000.00 90,202.11 41,730.11

Total Liabilities.............. S 2. 235. 197. 66

__________________F~O~R~_TY_-_F_IRSTANNUAL~R=E=P~O~R=T~----------- 87

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE PEOPLES BANK Lithonia, Ga.

As called for by the Superintendent of Banks

G. OGDEN PERSONS, II, President.
Date of Charter: 8-26-1910

G. OGDEN PERSONS, II, Cashier.
Began Business: 1910

ASSETS Cash, balances with other banks, in-
cluJing rcs~rvc balan~~s, and cash items in pro~ess of collection ...... S UniteJ States Government o..>liJations, direct and guarantee..-{ ..... . Obligat,io.n~ of States and p:>litical
SUbdtVlSlODS ............
Other bonds, notes, and debentures.. Corporate stol"ks (inclu ling stock of
Feleral Reserve Bank) .......... . Loans and dis"ounts (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 Aasets..................... .

226,852.59 952,662.50
None None None 346,458.18 1,918.21 None
None None None

Total Aasets................. S 1,527,891.48

. LIABILITIES S Demand depostts................. . Time tlep..>stts .................... . Doposits of U.S. Gavernment. .... . D~~J~i~s of States and pJiitical sub-
dtvtstons ...................... . DepJsits of banks ............... .. Other dep>;its (certified and officers'
cheoks, etc.) ................... . Bills payable..................... . Acceptances execute:! by or for ac-
caunt of this bank and outstand-
ing ........................... . Other li:~.bilities .................. . Capital. ......................... .
Surplus ......................... . Un,jiviJed profits................. . R~scrves ........................ .

927,763.07 197,547.63 159,881.67
75,356.70 745.27
9,509.04 None
None None 25,000.00 35,000.00 17,088.10 80,000.00

Total Liabilities.............. S 1,527,891.48

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE FARMERS BANK Loeust Grove, Ga.

As called for by the Superintendent of Banks

M.M.BROWN,
President. Date of Charter: 1-3-1910

JULIAN A. BROWN, Cashier.
Began Business: 1-1910

ASSETS

Cash, balances with other banks, in-

cludilljl items m

reserve proceas

balances, and of collection..

.c.a.sh. 1

United States Government obliga-

tions, direct and guaranteed ..... . Obliga~O}I~ of States and political

SUbdlVISIODB ..

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 aasets indi-

rectly representing bank premises

or other rt'al estate ............. .

Customers' liability to this bank on

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

Other Aasets..................... .

Total Aasets .............. .'. . S

135,370.01 222,893.75
None None None 242,629.48 10,066.68 None
None None None 610,959.92

s LIABILITIES
Demand deposits.................. Time depos1ts.................... . Deposits of U. S. Government . . . . . .
D':ft~!l~n~f ~~~t~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 ........................ .

447,093.11 27,900.00 1,359.52
55,868.19 None
3,778.00 None
None 6,974.84 30,000.00 20,000.00 17,986.26
None

Total Liabilities.............. S 610,959.92

88

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF LOGANVILLE Loganville, Ga.

As called for by the Superintendent of Banks

C. A. KELLEY, JR.,

J. FRANK LEE,

President.

Cashier.

Date of Charter: 5-6-1946

Began Business: 10-5-1946

-=============================================

ASSETS Cash, balances with other banks, in-

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

!21,850.87

United States Government obligations, direct and guaranteed ..... .
Obliga~io~~ of States and political subdntstons ................... .
Other bonds, notes, and debentures..

269,919.62 None
85,262.71

Corporate stocks (including stock of Federal Reserve Bank) .......... .

None

Loans and disoounts (including overdrafts) ........................ .

236,012.84

Bank premises ownecl, furniture and fixtures ........................ .

11,950.19

Real eotate owned other than bank premises....................... .

None

Investments and other RSSets indi-

~~!~e~ef:.:'f!:~~:. ~~n~..~r~~~~~

None

Customers' liability to this bank on

acceptances outstanding. . . . . . . . .

None

- - - - - 0ther Assets.....................

1,031.07

Total Assets................. $ 726,027.30

LIABILITIES Demand deposits................. $ Time dep01uts.................... . Deposits of U. S. Government . . . . . .
D'Jl~i!~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 outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus......................... . Undivided profits................. . Reserves ........................ .

323,390.91 256,649.71
20,390.35 48,648.92 10,000.00
219.52 None
None 1,500.00 25,000.00 30,000.00 8,727.89 1,500.00

Total Liabilities.............. $ 726,027.30

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF LUMBER CITY Lumber City, Ga.

As called for by the Superintendent of Banks

JOSEPH F. PRESCOTT, President.
Date of Charter: 5-22-1945

W. C. WILLIAMS, Cashier.
Began Business: 7-2-1945

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political subdtvtstons ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representin_g bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets................. $

150,820.47 184,436.36
None None None 203,603.82 2,883.60 None
None None None 541,744.25

LIABILITIES Demand deposits................. $ Time deposits.................... . Deposits of U.S. Government ..... . DeJ!~i\s of States and political sub-
dlVlSlons ...................... . Deposits of 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 ........................ .

309,059.66 49,888.17 5,179.45 88,506.62 None 898.06 None
None 3,161.29 25,000.00 40,000.00 20,051.00
None

Total Liabilities.. - . . . . . . . . . . $ 541,744.25

FORTY-FIRST ANNUAL REPORT

89

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

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS STATE BANK Lumpkin, Ga.

Asealled for by the Superintendent of Banks

WM. P. CARTER, President.
Date of Charter: 10-21-1911

BESSIE D. FORT, Cashier.
Began Business: 12-1911

ASSETS

Cash, balaneea with other banks, in-

cludinJ reserve balaneea, and eaeh

items m proeeae of collection...... $ 454,221.62

United States Government oblige-

tiona, direct and guaranteed ..... .

456,972.78

0~~~0::. -~~~. ~~- -~~~~ 213,925.65

Other honda, notes, and debentures.

None

Co~rate etoeka (including etook of

Federal Reeerve Bank) .......... .

None

Loans and dieeounte (including over-

drafts) ........................ .

391,996.03

Bank p......n- owned, furniture and

finuree .......................

14,011.56

Real eetate owned other than bank

premieee...................

None

Inveetmente and other aeeete Indi-
rectly repreeenting bank p......n-

or other real eetate............. .

None

Customers' liability to this bank on

lloOOeptaneea outstanding.........

None

Other Aeeete....................

None

---------

Total Aeeeta .................. $ 1 ,531, 127. 64

LIABILITIES Demand deJIOBita..................$ Time depoetta................... Deposita of U. B. Government ..... . DeJioeit.e of States and political eub-
divietona ...................... .
~i~~:!m~~.;d &nci -.;m;,;m;. cheeka, ete.) ................... Bille payable..................... . Aeeeptaneea executed by or for ac-
count of this bank and outstanding .......................... Other Uabllitiee .................. .
~::. :::::::::::::::::::::::::
Undivided profita................. . Reeervee .......................

899,251.42 303,502.60
12,872.74 183,903.72
None 2,426.83
None
None 21,811.78 50,000.00 50,000.00 7,358.55
None

Total Liabilitiee.............. S 1,531,127. 64

STATEMENT

Showing condition at the close of business December 31, 1960, 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, balaneea with other banks, in-
s eludinJ reserve balaneea, and caah
items m proeeaa of collection...... United States Government oblige-
tiona, direct and guaranteed. . . . . .
Ob81iLu"bpd~iiV181~0D8of. Sta~. ~~..~~~~
Other honda, notes, and debenture&.. Co~rate atooka (tncluding atook of
Federal Reeerve Bank).. . . . . . . . Loans and diaeounta (including over-
draft&) . . . . . . . . . . . . . . . . . . . .
Bank p......n- owned, furniture and
finuree. . . . . . . . . . . . . . . . . . . . . . . . . Real eetate owned other than bank
premiaee..... . . . . . . . . . . . . . . . . . . . Inveetmenta and other aeeeta indi-
rectly representing bank premieee or other real eetate. . . . . . . . . . . . . . Customers' liability to this bank on aeeeptaneea outstanding.......... Other Aeeete... . . . . . . . . . . . . . . . . . .
Total Aeeeta ................. $

265,555. 19 431,729. 50 28,328.72 60,000.00
None 53 934 .35
250. 50 None
None None None 839 , 798. 26

LIABILITIES Demand deposita................. $ Time depostte.................... . Deposita of U. B. Government . . . . . . D8J!OI!i! of States and polltieal eub-
divialona ...................... .
8:'~i.t;!.t't!riifi.;.;i a~d ~;m~;
cheeka, etc.) ................... . Bille payable..................... . Aeeeptaneea executed by or for ae-
eount of this bank and outstanding........................... . Other liabllitiee.................. .
~:;::.::::: ::::: ::::: :: :: ::: :::
Undivided profita................. . Reeervee ........................ .

458,184.08 256,736.83
320.00 54,572.83
None 2,054.54
None
None 7,799.21 25,000.00 15,000.00
None 20,130.77

Total Liabilitiee............. $ 839,798.26

90

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, 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 items in

reaerve process

boarlacnolcleesc,tiaonnd. . .c.a.s h.s

United Stares Government obliga-

tions, direct and guaranteed ..... .

Obliga~io.~ of States and political

aubdtvtatons . .................. .

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

657,325.17 317,643.94
84,223.27 565,000.00
None 863,137.08
6,857.38 None
None None None

Total Assets . . . . . . . . . . . . . . . . . S 2 ,494, 186. 84

LIABILITIES Demand deposita................. S Time deposita.................... . Deposita of U.S. Government ..... .
D'Ji~~~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 tbis bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................

1,331,242.60 419,066.94 24,208.38 392,907.18 36,459.43 5,398.70 None
None None 100,000.00 100,000.00 84,903.61 None

Total Liabilities...... S 2,494,186.84

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE MERCHANTS AND 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-
eludi!IJ reserve balances, and cash items 1n proce.os of collection ...... S United States Government llbligations, direct and guaranteed ..... . Oblin~i~~ of States and political
aul)dtVJSlons . .................. . 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..................... .

561,261.91 1,188,697.43
221,427.76 100,000.00
None 839,314.65
2.00 20,000.00
None None None

s Total Assets .................. 2, 930,703.75

LIABILITIES Demand deposita................ S Time deposita................... Deposita of U. R. Government ..... .
De.rv'l!t!~~ ~~~- ~~ ~~~~. ~~~
Deposita 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 ........................ .

2,062,164.46 135,152.29 47,330.85 341,173.27 5,000.00 1,678.73 None
None 46,107.58 100,000.00 100,000.00 35,000.00 57,096.57

Total Liabilities.............. S 2, 930,703.75

FORTY-FIRST ANNUAL REPORT

91

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

STATEMENT

Showing condition at the close of business December 31, 1960, of

GEORGIA BANK & TRUST COMPANY Macon, Ga.

As called for by the Superintendent of Banks

ERNEST S. LEE, President.
Date of Charter: 6-9-1960

MARGERY PATE, Cashier.
Began Business: 7-1-1960

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S Unit<'<i States Government obligations, direct and guarantPcd. . . . . . 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 fixturPs.........................
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. 701.844. 84 1, 699,903. 11
None None None 2,615,568.97 66,629.25 None
None None 11 , 553. 42

Total Assets.................. S 6,095,499.59

LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
Ddi~\'!l~n~f ~~~~~s. ~~-d..p.~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 ........................ .

2,617,810.50 312,790.24 208,104.70
1 '156,921.38 440,000.00
9,446.98 None
None 34,556.18 812,500.00 325,000.00 173,369.61
5,000.00

Total Liabilities. . . . . . . . . . . . . S 6,095,499. 59

STATEMENT

Showing condition at the close of business December 31, 1960, 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 process of collection ......S 278,851.41

United StatPs Government obliga-

tions, direct anrl guaranteed...... 1,167,363.63

Obligat.io.n~ of States and political subdiVISIOnS....................

43,280.00

Other bonds, note, and debentures. .

None

Corporate stocks (including stock of

None

" Federal Heserve Bank) .......... .

Loans and discounts (including over-

drafts) . . . . . . . . . . . . . . . . . . . . . . . . .

799,886. 88

Bank premises owned, furniture and

fistures.........................

10,241.59

Real estate owned other than bank

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

None

Investments and other aasets indi-

~~c!~he~ei::i::~~~=- ~~~~- .~r~~i.s~~

None

Customers' liability to this bank on

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

~~~:

Other Assets..................... .---------

Total Assets ..................S 2 , 299 , 623 . 51

LIABILITIES Demand deposits. . . . . . . . . . . . . . . . . S Time deposits.................... . Deposits of U. S. Government ..... .
Ddi~T!l~n~f. ~~~tes_ ~~~- ~-~l~ti~~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.. ........................ . Sur111us . . . . . . . . . . . . . . . . . . . . . . . . . . Undivided profits................. . Reserves ........................

943,589.91 893,178.24
18,796.61
229,258.75 None
800.00 None
None None 50,000.00 40,000.00 124,000.00 None

Tots) Liabilities.............. S 2,299,623.51

92

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF MANCHESTER Manchester, Ga.

As ealled for by the Superintendent of Banks

CLAUDE A. BRAY, President.
Date of Charter: 1-28-1910

ROBT. A. KELLUM, JR., Cashier.
Began Business: 2-2-1910

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_n~ of States and political aubdlVl&lons . .................. . 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 premisfos ....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

825,591.53 912,153.00 279,217.88 614,531.25
None 1,332,411.48
9,693.34 5,736.66
None None 3, 757.49

Total Assets . . . . . . . . . . . . . . . . . S 3 , 983 ,092 . 63

LIABILITIES Demand d"JJosits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D';fi~~~:n~f. ~~~~e_". ~~~. ~.o.l~~~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 ........................ .

1,560,189.38 1,260,114.53
34,543.80 718,074.33
None 2,647.39
None
None 73,603.14 120,000.00 130,000.00 63,920.06 20,000.00

Total Liabilities.............. S 3,983,092.63

STATEMENT

Showing condition at the dose of business December 31, 1960, of

FARMERS AND MERCHANTS BANK OF MANCHESTER Manchester, Ga.

As ealled for by the Superintendent of Banks

ELMER LOFTIN,
President. Date of Charter: 10-7-1947

BUFORD M. MOORE, 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 States Government obligations, direct and guaranteed ..... . Obliga~iona 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-
:"~3'.e~ef:ales:!:!.':. ~~..~r~~~
Customers' liability to this bank on acceptances outstanding......... .
Other Assets.................... .

612,100.35 405,000.00
None None None 772,365.69 21,743.89 952.25
None None None

Total Assets................. S 1,812,162.18

LIABILITIES Demand deposits................. S Time depostts................... . Deposits of U. S. Government ..... .
ne~!:n'!f. ~~~. ~~. ~~~t~~. ~~~
8:C:i.i::!.\:'t.:.-riified ;.;;d ;,ii;;,e.:a- checks, etc.) ................... . Billa payable..................... . Acceptances ezecuted by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
?u:;!ru!.::: :::::::: :::: :::: :: ::::
Undivided profits................. . Reserves ........................ .

830,417.84 562,870.36 30,574.50 256,098.01
None 6,201.36
None
None 6, 747.28 50,000.00 50,000.00 19,252.83
None

Total Liabilities.............. S 1,812,162.18

------------------F-O-R-T-Y---FIRST ANNUAL REPORT

93

STATEMENT

Showing condition at the close of business December 31, 1960, 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 Cub, balances with other banks, in-
cludinJ reeerve balances. and cash items m pi'OCellll of collection...... I United States Government oblip. tiona, direct and auaranteed ..... .
o~::l=io::. -~~~. ~~- -~~~~
Other honda, notes, and debentures.. Coroorate stoclao (including stock of
Yederal Reserve Bank)........ Loans and discounts (including over-
drafts) ........................ Bank premieee owned, furniture and
&xturee.................... Real estate owned other than hank
premieee....... Investments and other auete indi-
rectly repre_eenting hank premieee or oiher real estate............. . Cuatomere' liability to this hank on acceptances outstanding......... . Other Auete....................
Total Auete...... I

131,095.74 126,000.00
None 100,000.00
None 259,488.40
1,141.50 None
None None None 617,725.64

LIABILITIES Demand depoeite............... I Timed~te . . . . . . . . . . . . . . . . . . . . Deposita of U.S. Government..... . Depoei!e of States and political eub-
divietoaa ...................... .
8:c!'it;!.~~ified e-ci "Om~; ehecks, etc.) ........... Bille payable..................... Acceptances ezecuted by or for ac-
count of this hank and outstanding ........................... Other liabilities ...............
~1:!:::::::::::::::::::::::: ::
Undivided pro&te................. . Reeervee ..................

274,399.02 177,790.03
319.56 67,594.07
None 2,200.62
None
None 298.71 25,000.00 50,000.00 20,123.63
None

Total Liabilities............. I 617,725.64

STATEMENT

Showing condition at the close of business December 31, 1960, 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
Cub, balances with other banke, includinjr reserve balances, and cub items m proceae of collection ...... 1
United States Government ohlip. tiona, direct and auaranteed ..... .
ObliJra~io.!'!' of States and political
aulKiiV18lOD8 . .................. .
Other honda, notes, and debentures.. Corporate stocke (including stock of
Federal Reserve Bank) .......... Loana and diacounte (including over-
drafts) ........................ . Bank premieee owned, furniture and
&xturee.... : ................... . Real estate owned other than bank
premieee....................... . Investments and other auete indi-
rectly representing hank premieee or other real estate ............. . Cuatomere' liability to this hank on acceptances outstanding......... . Other Aeecte...................... .

2,026. 731.72 2,317,231.61
310,599.08 None None
4,435,263.60 142,797.57 None
None None 5,485.49

Total Aeecte. . . . . . . . . . . . . . . . . I 9, 238,109.07

LIABILITIES I Demand depoeite................. . Time deP"'!tte.................... Deposita of U. S. Government ..... . DeJ!O!i~ of States and political aub-
diviatOIUI . ....................
8:c!'i:;!.l':.'t:ertffi'ed ud c,mc,e.:a ehecke, etc.) ................. Billa payable..................... . Acceptances ezecuted by or for ac-
count of this hank and outstand-
O tihnegr.l.ia. bilities...... . . . . . . . . . . . .. Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .

4,756,294.30 1,804,874.33
171,844.80 1,661,646.88
None 21.00 None
None 157,510.70 250,000.00 250,000.00 185,917.06
None

Total Liabilities.............. I 9,238,109.07

94

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of
MARIETTA COMMERCIAL BANK Marietta, Ga.

As called for by the Superintendent of Banks

WALTER E. GRAHAM, President.
Date of Charter: 9-2-1955

LEE E. PARTAIN, JR., Cashier.
Began Business: 9-17-1956

ASSETS Cub, balances with other banks, in-
cludinjl: reserve balances, and cash items tn process of collection..... S United States Government oblig&tions, direct and guaranteed . . . . . .
o~~~~!To.:'.f. -~~~. ~~-. ~~i~~~
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 aaaeta indirectly representing bank premises or other real estate. . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding.. . . . . . . . .
Other Aaaeta.'................. :..

481,706.19 1 ,068, 275. 60
None None None
1,218,161.49 94,713.27 None
None None 9,214.33

Total Aaaeta.. . .. . .. .. .. . . .. . $ 2, 872,070.88

LIABILITIES Demand deposita..................S Time depoetta.................... . Deposita of U.S. Government ..... . De~i~ of States and political aub-
divistons ...................... . 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.................. .
~~::. :::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

1,132,449.96 398,801.77 203,158.32 692,704.66 500.00 87,635.10 None
None 16,821.07 240,000.00 50,000.00 50,000.00
None

Total Liabilities.............. S 2,872,070.88

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE CITIZENS BANK Manhallville, 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-
cludinjl: reserve balances, and cash items tn proceBB of collection..... S United States Government obliaationa, direct and guaranteed ..... . Obliga~o.n~ of States and political
8UbdlV1810D8 . ...... , ..
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premiaea owned, furniture and
fixtures ........................ . Real estate owned other than bank
premises....................... . Investments and otber aBBeta indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Otber Assets..................... .
Total Assets ............... S

181,946.39 218,860.97
None 50,000.00
None 312,228.58
2.00 None
None None None 763,037.94

LIABILITIES Demand deposita..................S Time deposita.................... . Deposita of U.S. Government ..... . DeP,"'!i~ of States and political aub-
divtsaona ...................... . 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.................. .
~:~r:!.
Undivided profits................. . Reserves ........................ .

356,792.20 183,936.61
None 97,672.83
None 11,502.46
None
None 6,950.08 30,000.00 30,000.00 24,000.00 22,183.76

Total J,iabilitiea...............s 763,037.94

FORTY-FIRST ANNUAL REPORT

95

STATEMENT Showing condition at the close of business December 31, 1960, of
GEORGIA BANKING COMPANY Marshallville, Ga.

As called for by the Superintendent of Banks

JOHN C. WALKER, JR., President.
Date of Charter: 9-19-1910

J. R. ALLEN, Cashier.
Began Business: 9-27-1910

ASSETS Cash, balane~s with other banks, in-
cludinR rcscne balnnres, nnd cash items in J>rorcss of cullf'ction ......$ Unit~d St::.trs Governm~nt obli:rations, di~ed. and J(uara~.ntced ..... . Oblil'!at.io~~ of States and political subchvunons ................... . Otb~r bonds, notes, nod debentures .. Corporate stocks (including stock of Federal Ucsrrve Bank) .......... . Loans and discounts (including overdrafts)..... . . . . . . . . . . . . . . ..... Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premiers....................... .
Investments and other asseto inclirectlv representing bank premises or other real estate ............. .
Custom.,ra' liability to this bank on arcepta.nres outstanding......... .
Other Assets.................... .

134,277.16 135,000.00
None None None 178,765.51 1,600.00 None
None None None

Total Assets ................. -,--44-9-,-642-.-6-7

LIABILITI'ES J)emand deposita.................. $ Time depos1ts.................... . Deposita of l'. S. Government ..... .
))'J~i!l~n~f Sta~~s- and_ ~lit.ir~l. s~lr
J>~posi1s of t-anks ................ . Other deposits (certified and officers'
rbcrks, etc.) ................... . Bills payable..................... . Acrcptanrcs executed by or for ac-
count of this bank and outstanding ........................... . OthPr liabilities .................. . Capital. ......................... . Surplus ......................... . l'nclivided profits ................. . ReS<>rves ........................ .

197,804.96 99,634.84
None
100,115.87 None
None None
None None 25,000.00 20,000.00 7,087.00 None

Total Liabilities.............. $ 449,642.67

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF MEIGS Meigs, Ga.

As called for by the Superintendent of Banks

J. L. PILCHER, President.
Date of Charter: 5-8-1903

TOM SMITH, Cashier.
Began Business: 6-1903

ASSETS Cash, bnlanc~s with other banko, in-
cluding reserve Lalanc~s. nod cash itcnJS in process of coilcction ...... 1 l"nitcJ States Government obligations, direct and guarnntced ..... . OLligat}o!'~ of States and P"liti~al subchvtsmns ..................
Other hoods, notes, and debentures.. Corporate stocks (including stock of
}'ederal Rrserve Bank) .......... . Loans and discounts (including over-
drafts).... . . . . . . . . . . . . . . . . .... Bank prcmisf'B owned, furniture and
fixtures................ . Real <'state own~d other than bank
pren.iBE'S.................... . Investments and other assets i'>di-
rcrtly representing hank premises or other r~l ~state ............. . Customrrs' liability to this bank on aceeptan"" outstanding......... . Other Assets..................... .

222,708.17 709,954.73
6,000.00 None None
320,237.17 2.00 None
None None None

Total Assets................. $ 1,258,902.07

LIABILITIES Demand d<'posits.................. $ Time depoSlts.................... . Jleposits of U. S. Government ..... .
D'JivT!l~n~f ~~atcs_ ~~~. ~.lit.i~l. ~~lr
Jleposita of hanks ................ . Other deposits (<'ertified and officp.ra'
<'hecko, etc.) ................... . Bills payable..................... . Ac<'l'ptancPs ~xecuted by or for ac-
count of this bank and outstanding ........................... . Other liabilitii'S .................. . Capital. ......................... . Surplus ......................... . l'ndhided profits................. . Reserves ........................ .

596,420.07 331,156.82
6,59:0.00
155,897.32 6,079.13
11,589.81 None
None None 50,000.00 50,000.00 26,166.92 25,000.00

Total Liabilities.............. $ 1,258,902.07

96

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, 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-
cludinf! reserve balances, and cash items 1n process of collection ...... 1 United States Government obligations, direct and guaranteed ..... . Obligat.io_n~ of States and political
8Ubd1Vl810D8 .... , , , .... ,
Other bonds, notes, and debentures.. Corporate stocks (includin& stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ................... :. Bank premises owned, furniture and
fi:d.ures ........................ . Real estate owned other than bank
premises....................... . Investments and other aaaeta indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outatandin&......... . Other Aaaeta..................... .

458,004.08 1,429,906. 76
108,788.58 100,000.00
None 1,328,900. 79
62,684.95 None
None None 8,327.49

Total Aaaeta .............. I 3,496,612.65

LIABILITIES Demand deposita.................. $ Time depos1ta.................... . Deposita of U.S. Government ..... .
D~t~~f. ~~~':". ~~- ~~~~1. ~~~
Deposita of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Billa ps)able..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,526,901.58 1,321,930.12
30,934.26 233,670.51
1,437.58 8,945.36
None
None 56,476.01 125,000.00 125,000.00 16,317.23 50,000.00

Total Liabilities.............. I 3,496,612.65

STATEMENT

Showing condition at the close of business December 31, 1960, 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 with other banks, in-
cludinf! reserve balances, and cash items 1n procesa of collection...... $ United States Government obligations, direct and guaranteed..... .
o~!t.\~:on~f. -~~~. ~~~- .~~it~~
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 asaets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaeta.....................
Total Aaaeta ............... 1

148,950.19 317,953.92 20,987.95
None None 160,085.77 2,500.00 None
None None None 650,477.83

LIABILITIES D!!mand deposits.................. 1 T1me depos1ta .................... 1 Deposita of U. S. Government ..... .
Drv~t~n~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 outstanding ........................... . Other liabilities .................. .
~:~f~!....::::: :: :::: :: :::: :: :::::
Undivided profits................. . Reserves ........................ .

340,310.67 150,371.39
None 62,580.32 5,000.00 3,527.72
None
None None 25,000.00 50,000.00 11,687.73 2,000.00

Total Liabilities.............. 1 650,477.83

FORTY-FIRST ANNUAL REPORT

97

STATEMENT Showing condition at the close of business December 31, 1960, 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 Cub, balances with other banks, in-
cl~ reserve balances, and cash items m proceaa of collectioo...... 1 United States Government obligatiooa, direct and guaranteed ..... . Obliaa~i~ of States and political
IU"bdiVIBlOD8 . ..
Other booda, notes, and debentures.. Co~rate stocks (including stock of
Federal Reserve Bank) ........ Loans and discounts (including over-
drafts) ........................ . Bank premiaea owned, furniture and
fixtures........................ . Real estate owned other than bank
premiaea....................... . Investments and other aaaets indi-
rectly representing bank premiaea or other i'ea1 estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other .Aasets..................... .

375,305.15 399,750.00
None None None 397,545.21 2,882.00 None
None None None

Totai.Aasets................. I 1,175,482.36

LIABILITIES Demand deposits.................. I Time depostts.................... . Deposita of U. S. Government ..... DeJ!OI!i~ of States and political aub-
divielona ...................... .
8:l:~~~&~ ~ii ;,mc.;.:a cheeks, etc.) ................... . Bills payable..................... . Acceptances eJ:ecuted by or for ac-
count of this bank and outstand-
ing .............. Other liabilities..................
?n;t:::: :::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

613,160.01 392,290.83
391.20 42,978.78 10,000.00
None None
None 2,400.20 35,000.00 35,000.00 26,444.84 17,816.50

Total Liabilities.............. I 1,175,482.36

STATEMENT Showing condition at the close of business December 31, 1960, of

EXCHANGE BANK OF MILLEDGEVILLE Milledgeville, Ga.

As called for by the Superintendent of Banks

JOHN E. GARNER, JR.
President. Date of Charter: 5-20-1903

AUBREY H. SIMPSON, Cashier.
Began Business: 6-1-1903

ASSETS Cash, balances with other banks, in-
cludinjl reserve balancea, and cash items m proceBB of collection...... I United States Government obligatiooa, direct and guaranteed ..... . Obliga~iop~ of States and political subdtvwons ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discount& (including overdrafts) ........................ . Bank premises owned, furniture and fiJ:turea........................ . Real estate owned other than bank premiaea....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other ABBets..................... .

1,295,585. 90 2,038,343.00
486,683.61 477,434.01
None 2,059,036.68
99,982.09 None
None None 1,980.00

Totai.Aasets................. I 6,459,045.29

LIABILITIES Demand deposits.................. I Time depostts.................... . Deposits of U.S. Government ..... .
D~!~,:f. ~~~. ~~- ~-~t~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances eJ:ecuted by or for ac-
count of this bank and outstanding ........................... . Other liabilities................. .. Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,695,325.89 2,487,019.14
169,590.18 990,541.09 558,962.16
17,207.41 None
None 121,115.78 100,000.00 300,000.00 19,283.64
None

Total Liabilities...............1 6,459,045.29

98

DEPARTMENT O~F-=B=A~N~KI~N~G~---------------

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE MERCHANTS AND FARMERS BANK OF MILLEDGEVILLE Milledgeville, Ga.

As called for by the Superintendent of Banks

H. D. ALLEN, President.
Date of Charter: 3-22-1898

J. R. ALLEN, Cashier.
Began Business: 3-1898

ASSETS Caah, balances with other banks, in-
cludilljl reserve balances, and caah itema m proceaa of collection...... $ United Statea Government obliaationa, direct and suaranteed ..... . Oblipt;io}'l~ of Statea and political aubdlv1810oa . . . . . . . . . . . . . . . . . . . . Other bonda, notea, and debenture&.. Corporate etocke (includins stock of Federal Rl'lerve Bank) .......... . Loans and diacounte (includins overdrafts) ....................... .. Bank premie<'a owned, furniture and fixtures........................ . Real estate owned other than bank premiaee....................... . Investments and other aeaete indirectly repreeentins bank premiaee or other real estate ............ .. Cuetomere' liability to thie bank on acceptances outetandin1......... . Other .Aaaete..................... .

1,026,304.13 1,843,271.83
424,571.07 8,000.00 None
1,647,117.84 36,065.79 1.00
None None 1,007.94

Total Aaeete .................. $ 4,986,339.60

LIABILITIES Demand deJ>OIIitl.................. $ Timede~te.................... . Deposita of U.S. Government ..... DeDotU! of Statea and political aub-
diviaaona ...................... .
8:l;i~f:l'!riified ;.;.d om~;.
checka, etc.) .................. .. Billa payable.................... .. Acceptances executed by or for ac-
count of thie bank and outetandins........................... . Other liabilities................. ..
?pit:.::::::::::::::::::::::::: u':livided profita................. . Reaerves ....................... ..

1,634,875.90 2,021,787.42
78,035.27 811,196.39
None 13,026.77
None
None None 150,000.00 200,000.00 77,417.85 None

Total Liabilities.............. $ 4,986,339.60

STATEMENT

Showing condition at the close of business December 31, 1960, 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

WILLIE BOGGUS, Cashier.
Began Business: 10-13-1884

ASSETS Caah, balances with other banka, in-
cludins reserve balances, and caah itema in proceaa of collection...... $ United Statea Government obligationa, direct and suaranteed ..... . Oblip~i~n~ of Statea and political eu"bc:livl8aona . ................ Other bonda, notea, and debentures.. Corporate atocka (includins atock of Federal Reserve Bank) .......... . Loana and diacounte (includins overdraft&) ........................ . Bank prembwa owned, furniture and fizturea .............. : ......... . Real estate owned other than bank premiaee ....................... Investment& and other aaeete indirectly repreeentins bank premiaee or other real estate ............. . Cuetomere' liability to thie bank on acceptances outetandins......... . Other .Aaaete..................... .

1,279,688.09 2,208,517.82
136,459.65 274,782.00
None 3,525,843.27
2.00 None
None None None

Totai.Aaaete ................. $ 7,425,292.83

LIABILITIES Demand deJ>OIIitl.................. $ Time depoe1te.................... . Deposita of u. 8. Government ..... . Deooai!a of Statea and political aub-
diviaaona ...................... .
8:l;il:.,~t:t!riiti..d ;.;.d om~~ cbecka, etc.) ................... . Billa payable..................... Acceptances executed by or for ac-
count of thie bank and outetandins .......................... Other liabilities................. ..
~1:.:::::::::::::::::::::::::
Undivided profits................. . Reaerves ........................ .

2,050,468.54 3,147,324.66
109,470.18 1,410,665.22
129,030.94
23,544.65 None
None 23,326.98 200,000.00 200,000.00 109,961.66 21,500.00

Total Liabilitiea. . . . . . . . . . . . . . $ 7 ,425 ,292 .83

FORTY-FIRST ANNUAL REPORT

99

STATEMENT
Showing condition at the close of business December 31, 1960, 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-
cludiltj! reserve balanet'll, and cash itemsm process of collection...... $ United States Government obligations, direct and guaranteed...... Obliga~io!'~ of States and political aubdtvJstona.................... 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. . . . . . . . . . . . . . . . . . . . . .

374,516.21 1,848,543.41
None 8,000.00
None 1,032,887.12
44,256.69 4 ,000. 00
None None None

Total Assets ..................$ 3,312,203.43

LIABILITIES Demand deposits.................. I Time depos1ts.................... . Deposits of U. S. Government ..... .
D':flri!~,!~ ~~~s- ~~~- ~o.l~t-i~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................

1,645,104.62 1,060,187.10
4,933.00 239,050.90
10,000.00 9,863.81
None
None None 100,000.00 175,000.00 68,064.00 None

Total Liabilities............. $ 3,312,203.43

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF MOLENA Molena, Ga.

As called for by the Superintendent of Banks

R. H. FLETCHER, President.
Date of Charter: 10-7-1901

R. H. FLETCHER, Cashier.
Began Business: 3-1899

ASSETS

Cash, balances with other banks, in-

cludiDJ! reserve balances, and cash

items 10 process of collection...... $ 145,964.2!1

United States Government obliga-

tions, direct and guaranteed ..... .

132,400.00

Obliga~o!'~ of States and political

SUbdiVlSIOns ................... .

None

Other bonds, notes, and debentures..

130,000.00

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

139,296.99

Bank premises owned, furniture and

fixtures......................

501.00

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. . . . . . . . . . . . . . . . . $ 548,163.28

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

LIABILITIES Demand deposits..................1 Time deposits.................... . Deposits of U.S. Government ..... .
D':flri!~.!f. ~~~~- ~~~- ~-ol~t~~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acr.eptanccs executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .

240,186.00 202,243.08
216.00 55,717.95
None
118.29 None
None 2,500.00 15,000.00 20,000.00 12,181.96
None

Total Liabilities.............. 1 548,163.28

100

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, 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 hanks, in-
cluding reserve balances, and cash items in process of collection ...... I 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 rl'al estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

816,400.80 1,542,764.64
371,215.60 94,737.50 11,250.00
2,626,608. 91 38,076.29 718.50
None None None

TotalAssets ................. S 5,501,772.24

LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Govl'rnment ..... .
Ddj~~!l~n~f ~~~~~s. ~~-d. ~~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........................ .

2,344,528.38 1,869,251.89
176,245.71
404,269.12 None
8,176.43 None
None 62,792.22 250,000.00 125,000.00 261,508.49
None

Total Liabilities.............. S 5, 501 , 772.24

STATEMENT

Showing condition at the close of business December 31, 1960, 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 balanCI's, and cash items in proce88 of collection ...... S 340,797.18

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

437,030.32

Obligat_io!l~ of States and political subd.Jvtstons ................... .
Other bonds, notes, and debentures..

247,960.18 None

Corporate stocks (including stock of Federal Reserve Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ .

623,853.65

Bank premises owned, furniture and fixtures........................ .

15,071.62

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.................... - - - -No-ne

Total Assets ................. S 1,664.712.95

LIABILITIES Demand deposits............... .. S Time depos1ts.................... . Deposits of U.S. Government ..... .
D'dl:!l~n~f. ~~~~~s. ~~~- ~o.l~t.i~l. ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

525,035.11 451,740.72
18,738.04
474,518.70 None
2,841.11 None
None None 50,000.00 50,000.00 75,889.27 15,950.00

Total Liabilities............. S 1,664,712.95

FORTY-FIRST ANNUAL REPORT

101

STA1't;MENT

Showing condition at the close of business December 31, 1960, of

MOULTRIE BANKING COMPANY Moultrie, Ga.

As called for by the Superintendent of Banks

W. J. BAIRD, President.
Date of Charter: 7-8-1896

H. W. RHODES, Cashier.
Began Business: 1896

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in proceaa of collection...... S 2,472, 743.96

United States Government obliga-

tions, direct and guaranteed ..... . 2,692,312.39

Obligat_i~n~ of States and political

aubda VISIOns

663,792.90

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

10,600.00

Loans and discounts (including over-

drafts) ........................ . 7,490,989.01

Bank premises owned, furniture and

fixtures ........................ .

73,576.61

Real estate owned other than bank

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

None

Investments and other BSBeta indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

Other Assets. . . . . . . . . . .......... - - 3-4,4-38.-27

Total Aasets ................ S 13,438,453.14

LIABILITIES Demand deposits.................. S Time depoa1ta.................... . Deposita of U.S. Government ..... .
D':ft~!~n~~ ~~~. ~~ ~~l~t.i~. ~~~
Deposita of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital.. ....................... .. Surplus ......................... . Undivided profits................. . Reserves ........................ .

6,270,696.06 2,994,503.78
340,128.92
1,620,261.00 383,156.06
179,338.45 None
None 277,764.57 300,000.00 600,000.00 253,917.20 218,687.10

Total Liabilities............. S 13,438,453.14

STATEMENT Showing condition at the close of business December 31, 1960, of

MOUNT VERNON BANK Mount Vernon, Ga.

As called for by the Superintendent of Banks

D. A. McRAE, SR., President.
Date of Charter: 12-21-1900

G. E. HUGHES, Cashier.
Began RusinPRs: 1-24-1901

ASSETS

Cash, balances with other banks, in-

cludiUJ reserve balances, and caah

items m pt0ee1111 of collection...... S 367,456.03

United States Government obliga-

tiOJlll, direct and guaranteed . . . . . .

533;747. 75

~!t::l:o:.f. -~~~. ~~.~~i~~ 38,531.61

Other bonds, notes, and debentures..

49,937.51

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ................. ' ..... .

288,818.58

Bank premises owned, furniture and

fixtures ........................ .

3,000.00

Real estate owned other than bank

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

None

Investments and other BBBeta indi-

rectly representing bank premises

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

None

Customers' liability to tllis bank on

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

None

Other Assets.....................- - - -No-ne

Tota!Asseta ................. S 1,281,491.48

LIABILITIES Demand deposita................. S Time deposita .......... .......... . Deposita of U.S. Government ..... .
D':fi~~.,'!f. ~~~. ~~~ ~.~~~~~. ~~~ 8~i.\"e;!.r:.nt.:;rii&ed: &~ii ~m;,.;,:,;.
checks, etc.) ................... . Billa payable.................... .. Acceptances executed by or for ac-
count of this bank and outstand-
O tihnegr.l.ia.b. ilities................ . . . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

571,332.95 240,663.09
24,977.44
251,233.56 33,225.78
421.97 None
None 16,886.89 75,000.00 35,000.00 32,749.80
None

Total Liabilities.............. S 1,281,491.48

-1-0-2---------------------DEPARTMENT OF BANKIN-G-------------------------

STATEMENT

Showing condition at the close of business December 31, 1960, 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 N. WILSON, Cashier.
Began Business: 3-1943

ASSETS Cuh, balances with other banks, in-
cludinjl reserve balances, and eaah items 10 proceaa of collection...... $ United States Government obligations, direct and auaranteed ..... . Ob!igat}o~ of States and political aubdaVI8Jona .............. Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)......... Loana and discounts (including overdrafts) ........................ . Bank premiaea owned, furniture and fizturea........................ . Real estate owned other than bank premiaea . . . . . . . . . . . . . . . . . . . . . . . Investments and other -ta indi-
~\:ef:.t""::::. ~~- -~~~
Customers' liability to this bank on acceptances outstanding........
Other Aaeta.....................

1,015,559.63 1,267. 760.00
None None None 639,407.23 21,657.00 None
None None None

Total A-ts ......... ...$ 2, 944,383. 86

LIABILITIES Demand deJlOIIits.................. $ Time deposita.................... . Deposita of U.S. Government ..... .
De~l!n~~ ~~~- ~~ ~l~t.i~. ~~~
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.................. . Capital. ......................... . Surplus . . . . . . . . . . . . . . . . . . . . . . . . Undivided profits................. . Reserves ....................... ..

1,353,238.36 876,557.23 30,072.87 236,450.40 150,129.33 3,664.22 None
None 15,701.75 100,000.00 100,000.00 4,000.00 74,569.70

Total Liabilities.............. $ 2,944,383.86

STATEMENT

Showing condition at the close of business December 31, 1960, 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.
Business Began: 7-15-1924

ASSETS Cuh, balances with other banks, in-
cludinjl reserve balances, and caah items m proceaa of collection ...... $ United States Government obli&ationa, direct and guaranteed ..... . Oblipf:i~ of States and political
8Ubd.iVI810D8 .
Other bonds, notes, and debentures.. Cornorate stocks (including stock of
l'"ederal Reserve Bank) . . . . . . . . . . .
Loana and discounts (including overdrafts) ........................ .
Bank premiaea owned, furniture and fbtUrea....................... ..
Real eatate owned other than bank premiaea.......................
Investments and other -ta indirectly representing bank premiaea or oiber real eatate............. .
Customers' liability to this bank on acceptances outstanding......... .
Other~ts..................... .

508,791.10 919,018.83 102,513.75
None None 831,543.34 24,714.13 None
None None None

Total A.ets................. $ 2,386,581.15

LIABILITIES Demand deJIOSits .................. $ Time depoa1ts.................... . Deposita of U.S. Government ..... . DeJ!OI!i!a of States and political aub-
divialona .................... !)e.J)OIIita of banks ............... Other deposita (certified 1111d officers'
checks, etc.) ................... . Billa payable..................... . Acceptllllcea executed by or for ao-
count of this bank and outstlllldin& .......................... .. Other liabilities.............
~::.:::::::::::::::::::::::::
Undivided profits................. . Reserves ......................

1,023,595.36 738,729.47 34,473.15 270,644.24 53,077.66 30,454.41 None
None 8,000.00 100,000.00 100,000.00 27,606.86
None

Total Liahilitiea.............. $ 2, 386,581. 15

FORTY-FIRST ANNUAL REPORT::.___ _ _ _ _ _-=.10=-=3

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF NEWINGTON Newington, Ga.

As called 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 United States Government obligations, direct and guaranteed ..... . Obliga~io!'~ of States and political
8Uod1VI810D8 .....
Other bonds, notes, and debt-ntures.. Corporate st.ocks (including sl.ock 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..................... .
Total Assets ................. .

49,575.87 105,000.00
None 30,000.00
None 80,490.23
580.00 None
None Non(> None 265,646.10

LIABILITIES Demand deposits..................$ Time deposits .................... . Deposits of U.S. Government ..... .
D';ll~!l~n~f. ~~~~- ~~~- ~_J~t~~~. ~~~
Deposits of banks ................ . Other dep08its (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 ........................ .

170,545.45 30,347.25
None
20,876.87 None
243.94 None
None None 15,000.00 25,000.00 3,632.59 None

Total Liabilities.............. s 265,646.10

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE CITIZENS AND SOUTHERN NEWNAN BANK Newnan, Ga.

As called for by the Superintendent of Banks

D. M. CARROLL, President.
Date of Charter: 2-25-1955

B.S. ASKEW, Cashier.
Began BusineRR: 2-25-1955

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 &ubdl VISlOnS . . . . . . . . . . . . . . . . . . . . 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 renl estate. . . . . . . . . . . . . .
Customers' liability to this bank on acceptances outstanding....... . . .
Other Assets. . . . . . . . . . . . . . . . . . . . . .

2, 690,969. 38 2,403,438.47
299 , 111. 12 None
5,000.00 4,502,374.23
114,256.05 16,625.00
None None 37 , 122 . 58

Total Assets .................. $ 10,068,896.83

Demand

LIABILITIES deposits ..................

s

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

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

D';ll~!l~n~f ~~~s. ~~~- ~o.l~t~~~~. ~~~

Deposits of banks ................ . Other deposits (certified and officers
checks, etc.) ................... . Bills payable ..................... . Acceptances executed by or for ac
count of this bank and outstand ing ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. .
Reserves ........................ .

3,944,919.20 2,677,479.55
147,088.06
I ,615,651.82 450,315.79
28,484.23 None
None 341,448.29 250,000.00 300,000.00 274,105.05
39,404.84

Total Liabilities.............. S 10,06!!, 896. 83

104

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

BAKER COUNTY BANK Newton, Ga.

As called for by the Superintendent of Banks

LEO T. BARBER, SR., President.
Date of Charter: 10-4-1906

0. C. SINDERSINE, Cashier.
Began Business: 10-15-1906

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ 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 other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
s Total Assets ...................

204,583.33 421,364.34
11,838.66 None None
276,786.09 5,750.26 600.00
None None None 920,922.68

LIABILITIES Demand deposits..................$ Time depcionts .................... . Deposits of U.S. Government ..... .
D~!l~n~~ ~~~~~s. ~~ ~l~t.i~l. ~~~
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.................. .
~:r~~!.
Undivided profits................. . Reserves........................ .

436,427.24 220,728.05
400.00
82,844.25 None
1,059.90 None
None 5,018.33 25,000.00 100,000.00 49,444.91
None

s Total Liabilities. . . . . . . . . . . .

920,922.68

STATEMENT

Showing condition at the close of business December 31, 1960, of

NICHOLLS STATE BANK Nicholls, Ga.

As called for by the Superintendent of Banks

RALPH G. LOTT, President.
Date of Charter: 12-2-1952

R. E. LOTT, Cashier.
Began Business: 1-2-1953

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~ ofo States and political
&UbdlV1SlOD8 ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Fedeml 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 estnte ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets. . . . . . . . . . . . . . . . . S

217,684.79 303,652.88
None None None 131,015.93 2,958.21 None
2,058.67 None None
657,370.48

LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U. S. Government ..... .
DeJl~~~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 ..... 0. 0. 0. 0. 0 0. 0. 0 0 0. Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

297,988.04 242,877.01
711.20 58,976.75
None 160.79
None
None 1,706.82 25,000.00 15,000.00 14,949.87
None

Total Liabilities............. S 657,370.48

_ _ _ _ _ _ _ ___::..F.:::O-=R:.::TY-=---:-F:..:I=RST ANNUAL REPORT

105

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE BANK OF NORCROSS Noreross, Ga.

As ealled 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-
cludilljl reserve balances, and cash iteme 1n process of collection...... S United States Government obligations, direct and guaranteed ..... . Oblip~i~ of States and political eubdiVIBlODS . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (includjng etock of Federal Reserve Bank) .......... Loene and discounts (including overdrafts) ........................ . Benk premieea owned, furniture and fixtures . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premieea..................... Investments and other aeeete indirectly representing bank premises or other real estate............. . Cuatomere' liability to thie bank on acceptancee outstanding......... . Other Assets....................

212,056.05 505,254.20
None None None 466,344.68 16,818.38 2,576.00
None None 175,000.00

Total Assets ................. S 1.378,049.31

LIABILITIES Demand depoeits................. S Time depoe1ts.................... . Deposits of U. S. Government ..... . De~i!JI of States and political aub-
divislons ...................... . DejiOflits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bille payable..................... . Acceptances executed by or for ac-
count of thie bank and outstanding ........................... Other liabilities.................. .
~l:!.::::: ::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

763,179.00 426,827.83
4,098.00 60,164.55
None None None
None 9,165.34 30,000.00 50,000.00 34,614.59
None

Total Liabilities......... S 1,378,049.31

STATEMENT

Showing condition at the elose of business December 31, 1960, of

BANK OF OCHLOCHNEE Oehlochnee, Ga.

As ealled 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 ......$ United States Government obligations, direct and guaranteed . . . . . .
o~:.tfi:i':.'lon':.C. -~~~. ~~~- -~~~~~~
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.... . . . . . . . . . . . . . . . . . . . . [nvestments and other assets indi-
rectly representing bank premises or other real estate.. . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets......................
Total Assets ................. S

156,165.67 248, 251 . 69
31,616.33 44,950.00
None 341,196.12
4,472.00 None
None None None 826,651.81

LIABILITIES Demand deposits................. S Time depoe1ts .................... . Deposits of U.S. Government ..... .
De.C~~~ ~~~- ~~~- ~~~t~~~. ~~~
Deposits of banke ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bille payable .. c Acceptances executed by or for ac-
count of thie bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

335,980.23 352,988.97
5,564.16
51,391.13 5,061.55
1,090.29 None
None None 25,000.00 25,000.00 24,575.48 None

Total Liabilities.............. S 826,651.81

106

DEPARTMENT OF BANKING

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

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

----------

-----------

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE BANK OF OCILLA Ocilla, Ga.

As called for by the Superintendent of Banks

JACK WILLIS, President.
Date of Charter: 9-20-1956

B. OLIN COX, Cashier.
Began Business: 10-1-1956

ASSETS Cash, balances with other banks, in-
eluding reserve balanres, and cash items in process of collection ......$ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political
&UbdlVISIOnS ....
Other bonds, notes, and debentures._ Corporate stocks (including stock of
l''ederal Reserve Bank) .......... . Loans and discounts (oncluding over-
drafts) ........................ . Bank premises owned, furniture and
fiztures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............ .. Customers' liability to this bank on aeeeptaneea outstanding......... . Other Assets..................... .

182,932.53 489,935.58
None None None 564,145.10 12,226.12 None
None None None

Total Aaaets ................. $ 1,249,239.33

LIABILITIES Demand deposita..................$ Time depos1ts.................... Depoaits of U.S. Government . . . . . .
D';ll~~!~n~f. ~~~~~s. ~~~- ~~~t~~- ~~~
Depoaits of banks ................ . Other deposits (certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances ezeeuted by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~::::f~!.::: :::::: ::::::::::::::: :
Undivided profits................. . Reserves ........................ .

627,092.21 352,009.24
19,887.54
96,564.54 None
6,029.44 None
None 4,436.28 75,000.00 35,000.00 33,220.08
None

Total Liabilities...............$ 1,249,239.33

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE FIRST STATE BANK OF OCILLA 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-

cludinF reserve balances, and cash

items m proce88 of collection ...... $ 523,185.33

United States Government obliga-

tions, direct and guaranteed ..... . 1,667,320.69

Obligat_io~~ of States and political

aubdtvtstons . .................. .

57,792.77

Other bonds, notes, and debentures ..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ . 1,227,580.53

Bank premises owned, furniture and

fixtures ........................ .

4,250.00

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 A88ets..................... - - -4-63.-65

Total Assets .................. $ 3 , 480, 592 .97

LIABILITIES Demand depoaits................. $ Time depos1ts.................... Deposita of U.S. Government . . . . . .
D~l~n~f. ~~~~s. ~~~- ~~~t~~~- ~~~
Deposita of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances ezecuted by or for ac-
count of this bank and outstand ing .......... ................. .
Other liabilities .................. . Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,640,735.41 1,248,420.65
32,830.44
189,700.16 253.37
9,557.68 None
None None 100,000.00 100,000.00 59,095.26 100,000.00

Total Liabilities.............. $ 3,480,592.97

FORTY-FIRST ANNUAL REPORT

107

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF OGLETHORPE Oglethorpe, Ga.

As called for by the Superintendent of Banks

JOHN F. WILLIAMS, President.
Date of Charter: 2-5-1901

BLANCHER. WILLIAMS, Cashier.
Began Business: 2-8-1901

ASSETS

Cash, balances with other banks, in-

cludint~ reserve bnlances, and cash

items m proccss of collection......1 592,855.05

United States Government obliga-

tions, direct nnd guaranteed ..... . 478,548.00

O~~f:d\~i'!'ton~f -~~-t~. ~~~- .~~~i~i-~~

8,000.00

Other bonds, notes, and debentures..

None

Corporate stocks (including stock on

Federal HPBerve Bank) . . . . . . . . . . .

None

Loans and discounts (including over-

drafts) ........................ .

662,631.60

Bank premises owned, furniture and

fixtures........................ .

5,001.00

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 Aaseta..................... .- - - -No-ne

TotalAasets ..................1 1,747,039.65

UABILITIES Demand deposits ..................1 Time deposots .................... . Deposits of U.S. Government ..... .
Do;rv~!t~n~f ~~~~- ~~~- ~-~~t.i~~~- ~~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Rills payable ..................... . Acceptances executed by or for ac-
count of this bank a11d outstanding ........................... . Other liabilities .................. .
~:;~:!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

796,049.72 462,820.33 21,326.64 125,429.56 100,000.00 12,563.21
None
None 26,093.45 60,000.00 20,000.00 102,332.13 20,424.61

Total Liabilities............ I 1,747,039.65

STATEMENT

Showing condition at the close of business December 31, 1960, 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

AS3ETS

Cnah, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection ...... I 148,620.72

United States Government obliga-

tions, direct and guaranteed ..... .

278,200.00

Obligat.io_n~ of States and political

8Ubd1Vl810D8. , .................

17,921.95

Other bonds, notes, and debentures..

174,937.50

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

114,795.71

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 ABSetB....................... _ _ _ _ _N_o_n_e

Total Aasets. . . . . . . . . . . . . . . . . I 734,477.88

LIABILITIES Demand deposits............... I Time deposots................... . Deposita of U.S. Government ..... .
D':fi~!t~n~f. ~~~':"'. ~~~- ~-ol~t.i~~~- ~~~
Deposita 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.................. .
~::::::!.
Undivided profits................. Reserves .......................

446,623.80 151,922.34
3,823.33 34,952.27
None 1,805.81
None
None None 25,000.00 10,000.00 10,350.33 50,000.00

Total Liabilities............. 1 734,477.88

108

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE PATTERSON BANK Patterson, Ga.

As called for by the Superintendent of Banks

FOSTER O'QUINN,
President. Date of Charter: 6-19-1907

LEOLA GRINER,
Cashier. Began Business: 6-19-1907

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in pruoess of c.>llection...... S United States Government obligation!, direct and guaranteed . .... . Oblig.'ltions of St:.tcs and political subdivisions . .................. . Other bonds, notes, :.nd debentures.. Corporate stocks (inch1rling stock of Federal Ueserve 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:.te ............. . Customers' liability to this bank on acccptantes outstanding......... . Other Assets..................... .
Total Assets..................S

178,479.30 270,801.74
None None None 110,879.97 1,830.00 None
None None None 561,991.01

LIABILITIES Demand deposits................. .S Time depos1ts.................... . Deposits of U. 8. Government ..... . DeJ?<>~i~s of States and political sub-
dtvtsaons ...................... . Deposits of 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 ........................ .

317,612.69 132,289.78
628.00 47,100.00
None 5,035.78
None
None None 25,000.00 20,000.00 14,324.76 None

Total Liabilities. . . . . . . . . . . . . S 561,991.01

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE CITIZENS EXCHANGE BANK OF PEARSON 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...... S 471,094.47

United States Government obliga-

tions, direct and guaranteed ..... .

724,104.50

Obliga.~io.n~ of States and political

subd1vtsaons ................... .

1,000.00

Other bonds, notes, and debentures..

50,000.00

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

427,625.79

Bank premises owned, furniture and

fixtures ........................ .

2,392.37

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 outstandmg......... .

None

- - - - - Other Aasets..................... .

None

Total Assets .................. $ 1,676,217.13

LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D':ft~!l~n~f. ~~t~s. ~~~. ~.o.l~t.i~l. ~~~:
Deposits of banks ............... .. Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:r~f~!.::: :::::::: :::::::::: ::::
Undivided profits................. . Rescrv(S ........................ .

708,547.28 522,561.64 40,058.26 135,352.56 142,023.31
2,471.75 None
None 4,125.25 50,000.00 50,000.00 21,077.08
None

Total Li:.bilitics .............. $ 1,676,217.13

-----------------------F-O--R-T--Y---FIRST ANNUAL REPORT

109

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS BANK OF PELHAM Pelham, Ga.

As called for by the Superintendent of Banks

W. THERON SAULS, President.
Date of Cltarter: 8-25-1902

JOHN L. CARR, JR. Cashier.
Began Business: 9-1-1902

ASSETS Cash, balances with other banks, in-
cludinjl reserve balances, and cash items 1n proceas of collection...... I United States Government obligations, direct and guaranteed ..... . Obligat.io~ of States and political
BUbdlV1810R8 ..........
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 othe aasets indi-
rectly represPnting bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total Assets ................. I

585,153.01 1,199,407. 75
50,146.20 None None
1,135,972.76 38,777.21 8,200.00
None None 10,826.49 3,028,483.42

LIABILITIES Demand deposits..................I Time depos1ts.................... . Deposits of U.S. Government ..... .
D'Jl~!~n~~ ~~tO:S. ~~~- ~-l~t~~l. ~~~
Deposits of hanks ................ . 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 ........................ .

1,235,419.34 825,296.09 39,860.09 485,652.79 12,341.39 24,596.40 None
None 33,932.21 100,000.00 100,000.00 171,385.11
None

Total Liabilities.............. I 3,028,483.42

STATEMENT

Showing condition at the close of business December 31, 1960, of PELHAM BANKING COMPANY Pelham, Ga.

As called for by the Superintendent of Banks

H. C. HARRIS, President.
Date of Charter: 12-4-1936

WALTON C. BERNIER, Cashier.
Began Business: 12-8-1936

ASSETS Cash, balancPS with other banka, in-
cludinjl reserve balances, and cash items 1n process of collection......1 United States Government obligations, direct and guaranteed ..... . Oblip~i"."!' of States and political
8UbdlVJ810D8 , , .
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 BBSets indi-
~~t1.e~e:'e';."f".!:!':!. ~~~- -~r~~~
Customers' liability to this bank on aeceptances outstanding......... .
Other Assets..................... .

916,399.33 674,613.00 88,252.72
None None 834,011.79 2.00 None
None None None

Total Assets..................1 2,513,278.84

LIABILITIES Demand deposits................. I Time deposits .................... . Deposits of U.S. Government ..... . DeJ!O'!i~ of States and political sub-
divisaons ...................... . 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 ........................ .

1,330,884.26 672,640.60 40,179.59 200,677.69 15,000.00 4,382.22 None
None 6,150.95 100,000.00 100,000.00 35,739.74 7,623.79

Total Liabilities.............. 1 2,513,278.84

110

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE PEMBROKE STATE BANK Pembroke, Ga.

As called for b:y the Superintendent of Banks

C. L. GRUVER, President.
Date of Charter: 12-29-193'i

E. B. MILES, Cashier.
Began Business: 2-11-1938

ASSETS
Cub, balua- wit.h other bub, in-

iatleumdlaujml

-~of b a ol uolale-c.tioaDnd. .

cub ....

s

UDited State. Govenament oblip-

~direct and IQ&lSDteed .....

Ob~~~~~.~..~~~

Other boada, note.~ and debenturee..

Comorate J"ederal

aet-orcvbe,Bmaalilku)di.q..e.to.c.k

of

Loana lllld dilloowlta (inalw:liq over-

543,819.08 435,630.83
25,500.00 None None

draft&) ........................ . Balik ~ owned, fUI'IIiture 1111d
lbture......................... . Ileal .tate owned ot.her t.hiiD biiDk
ID=~.wt ~~ . _ . ~cH:.

553,940.31 7,020.00 None

C:!ia~iO~:::

None

_ _ _ _ ~tllll- outatlllldinc...... . . .
Other"-t&......................

None 1__6__,:1_ 18.01

Total "-t&.............. I 1,582,028.23

LIABILITIES Demlllld ciepoUt&..................$ Time depoldta.................... . ~ta of U.S. Government ..... .
Depood!S of State. lllld political aub-
divialona ..................... ..
8::.\::!.~c8riifi.d ud em.; chealta; etc.) ................... . Billa payable..................... . Acceptllll- e:recuted by or for ao-
oount of t.hia biiDk lllld outatlllldlDc., .. ,., ...................... . Other liabilitiee................
~':!::::::: :::::::::::::::::::
aU-ndrivvied.e.d.p.r.o.f.it.&.................................. ..

857,092.60 423,018.37
19,313.78 144,562.01
None 12,716.90
None
None 8,902.84 75,000.00 35,000.00 1,421. 73 5,000.00

Total IJabilitis.............. S 1,582,028.23

STATEMENT

Showing condition at the elose of business December 31, 1960, of

PERRY LOAN & SAVINGS BANK Perr:y, Ga.

As ealled for b:y the Superintendent of Banks

C. E. ANDREW, President.
nate of Charter: 8-20-1889

M. M. DEAN, Cashier.
Began Business: 1889

ASSETS

Cub, balllll- wit.h other br.nb, in-

aludinjl reaerve balllll-, and cuh

itema m proceu of collection......$ 1,303,620.52

UDited State. Government oblisa.-

.. .. tiona, direct and guaranteed ..... .
Q~~=or:: ~~~. ~~ ~~i~~~

751,828.14 155,187.59

Other honda, note., and debenture. ..

None

Coruorate etocka (1ncluclinc atock of

J"ederal Reeerve Bank) ........

None

Loane and diacouQt& (incluclinc over-

draft&) ......... 1,561,646.37

Balik premiaea owned, fUI'IIiture and

li:rturs........................

60,000.00

Ileal eetate owned other than bank

premiaea..................

1.00

IDveetmente and other auete indi-

:"!~te~r=:!.U:. ~..~~~

None

Cuetomere' Uabilily to t.hia bank on

acceptan- outetanclinc......... .

None

- - - - - - Other Aueta....................

None

Total Aaaete .................S 3 ,832 , 283 .62

LIABILITIES

Demand d~te................. S 1,860,918.14

Time depo111te.................... . 660,911.59

Deposita of U. 8. Government ..... .

89,504.78

De~:.:~~~~.~~~.~~~.~~ 622,152.68

8:l;ij-.;!.;~c8riifi.d ud 'omiM

None

allecka, etc.) ................... .

96,438.84

Bille payable..................... .

None

Acceptancea e:recuted by or for ao-

count of thie bank and outetlllldintl .......................... .. Other liabilitiee..................

None None

~=f:.:::::::::::::::::::::::::

100,000.00 100,000.00

Undivided profits................. . 267,591.97

Reeervee ........................

34,765.62

Total Liabilitiee.............. S 3,832,283.62

----------------~F~O~R~TY~-F~I=R~S~T~A~N~N~U~A=L~U~E~P~O~R~T~------------111

STATEMENT

Showing condition at the dose of business December 31, 1960, of

BANK OF PINEHURST Pinehurst, GL

As ealled for h;r the Superintendent of Banks

HOWELL PORTER, President.
Date of Charter: 1-1-1908

ALTON P. DRAUGHON, Cashier.
Began Business: 1904

ASSETS

Cub, balaneee with other banks, in-

cludin~ reaerve balances, and cub

items m proceaa of collection..... I 239,591.24 United States Government obliga-

tione, direct and gUaranteed ..... .
0~!t::N:c.~on0:. -~~~. ~~- -~~-i~i-~
Other honda, notes, and debentures.. Corporate atocka (including stock of

359,907.97 None
13,000.00

Federal Reserve Bank) .......... . Loans and diacounte (includins over-

None

drafts) ........................ Bank premises owned, furniture and

278,447.53

fizturea........................ . Real estate owned other than bank

11,003.37

premiaea.............. . . Investments and other 'aaaeta indi-

None

rect!~ repreaentins bank premiaea

or other real estate............. . Customers' liability to this bank on

None

- - - - - - acc:eptaneee outatandins......... .
Other Aaaeta....... ; ............ . Total Aaaete ..................1

None None 901,950.11

LIABILITIES Demand deposita................. 1 Time depostta.................... . Deposita of U.S. Government ..... .
D~!I!n~~ ~~~o:e. ~~~- ~l~t~~- ~~~
DeJlOIIita of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outatandins........................... . Other liabilities . . . . .' . . . . . . . . . . . . . . Capital.......................... . Surplus......................... . Undivided profite................. . Reserves.......................

562,729.71 117,691.91
660.00 103,112.82
None 29,255.67
None
None None 25,000.00 25,000.00 38,500.00 None

Total Liabilities............. 1 901,950.11

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS AND MERCHANTS BANK Pine Mountain, Ga.

As ealled for h;r the Superintendent of Banks

HENRY ZACHRY, President.
Date of Charter: 3-22-1909

ROY ASKEW, Cashier.
Began Business: 4-19-1909

ASSETS Cub, balaneee with other banks, in-
clu~ reserve balaneee, and cub items tn proce8a of collection...... I United States Government obliB&tione, direct and suaranteed ..... . Oblip~_iop~ of States and political
8UbdiVI8JOD8
Other honda, notes, and debentures.. Corporate stocks (includins stock of
Federal Reserve Bank) .......... . Loans and diacounte (includins over-
drafts) ........................ Bank premiaea owned, furniture and
fizturea ........................ . Real estate owned other than bank
premiaea....................... . Investment& and other uaeta indi-
rectly repreaentiq bank premiaea or other real estate............. . Customers' liability to this bank on aceeptaneee outetandins......... . Other Aaaete....................
Total Aaaete .................. I

710,859.72 630,374.60 149,673.78 394,968.75
None 840,619.75
2.00 1.00
None None None 2, 726,499. 60

LIABILITIES Demand deposita.................. I Time depostta.................... . Deposita of U. S. Government ..... . DeJ!O\'i!s of States and political aub-
diviaJona ...................... .
8:.:.Si~:;!.~t~n~:eriified" ~;.(i "offi~~n; checks, etc.) ................... . Billa payable ..................... . Acceptances executed by or for ac-
count of this bank and outstand ins........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profite ................. . Reserves........................

1,162,874.86 835,374.54 4,926.23 423,962.84 None 12,904.59 None
None 331.99 100,000.00 100,000.00 76,124.55 10,000.00

Total Liabilities............. I 2, 726,499. 60

112

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

PITrS 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-
cludinf! reserve balances, and cash items m proceea of collection......I United States Government obligations, direct and guaranteed ..... . Obliga~to.~ of States and political aubdiVlBtona ................. Other bonds, notes, and debentures.. Corporate stocks (includina stock of Federal 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 otber real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

220,551.89 251,800.00
None 115,000.00
None 115,891.80
1,326.00 None
None None None

Total Assets ................. -~--7-0-4-,5-6-9-.6-9

LIABILITIES Demand deposits..................I Time depostts.................... . Deposits of U. B. Government . . . . . . De~i~ of States and political aub-
diviaJona ...................... . Deposits of banks ............. , Other deposits (certified and oflicera'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves........................ .

344,102.00 199,561.81
5,271.25 79,115.82
None 1,471.38
None
None None 25,000.00 25,000.00 15,047.43 10,000.00

Total Liabilities.............. 1 704,569.69

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE BANK OF QUITMAN Quitman, Ga.

As called for by the Superintendent of Banks

F. T. BENSON, President.
Date of f:harter: 12-31-1888

J. A. ECHOLS, Cashier.
Bee:an Business: 12-31-1888

ASSETS

Cash, balances with other banks, in-

cludilljl reserve balances, and cash

items m process of collection...... I 1,022,976.69

United States Government obligations, direct and guaranteed ..... . 1,451,262.50

o~:on':..~~~. ~~..~~~~ 20,000.00

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ......................

605,683.53

Bank premises owned, furniture and

fixtures . . . . . . . . . . . . . . . . . . . . . . .

5,359.25

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

5,000.00

Total Assets ..................I 3,110,281.97

LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... . De~i!a of States and political sub-
divistona ...................... .
8:C:it;!.?::."t!riified: ir.iici -.;m.;,m checks, etc.) .................. Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities.................. .
~=t:!.::: ::::::: :::::::::::::::
Undivided profits................. . Reserves .......................

1,577,526.69 833,965.10 36,646.94 283,485.13 9,313.67 10,861.13 None
None 5,000.00 100,000.00 100,000.00 53,483.31 100,000.00

Total Liabilities.............. 1 3,110,281.97

FORTY-FIRST ANNUAL REPORT

118

STATEMENT Showing condition at the close of business December 31, 1960, of

THE TATTNALL BANK Reidsville, Ga.

As called for by the Superintendent of Banks

RALPH HUCKABEE, Pr::!sident.
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 proccw of collection......$

331,921.84

United States Government obligations, direct and guaranteed ..... . 1,087,959.30

Obliga~io_n~ of Statea amd political aulxltvl8tona ...............

130,765.09

Other bondll, notes, and debentures ..

125,000.00

Corporate stocks (including stock of

Federal Reaerve IJank) .......... .

None

Loans and discount (including overdrafts) ........................ .

801,902.22

Bank premises owned, furniture and

fixtures........................ .

3,537.61

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly ro:presenting bank premises

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

None

Customers' liability to this bank on

acceptances outst.andin1. . . . . . . . . .

None

Other Assets..................... _ _ _ _ _N_o_n_e

T"tnl Asset ..................$ 2,481,086.06

LIABILITIES Demand deposita................. $ Time depoaats.................... . Deposits of U.S. Governnaent..... De~i~ of States and political aub-
divisaons ..................... 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............... Reaerves........................ .

1,221,390.94 659,019.98 28,325.13
294,648.10 34,981.18
4,996. 76 None
None None 50,000.00 100,000.00 37,723.97 50,000.00

Total T,iabilities........... $ 2,481,086.06

STATEMENT Showing condition at the close of business December 31, 1960, of

THE RENTZ BANKING COMPANY Rentz, Ga.

As called for by the Superintendent of Banks

0. D. BARRON, President.
Date of Charter: 5-2-1914

MRS. 0. D. BARRON, Vice President.
Began Business: 5-5-1914

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection......S 248,682.68

United States Government obligations, direct and guaranteed ..... .
Obliga~io.n~ of States and political
SUb<JlVISlODS
Other bondll, notes, and debentures..

236,726.56
None None

Corporate stocks (including stock of Federal Reserve Bank) ..........

None

Loans and discounts (including overdrafts) ........................ .

273,044.77

Bank premises owned, furniture and fixtures........................ .

2,502.69

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

3,579.74

Investments and other assets indi-

rectly representing bank premises

None

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

Customers' liability to this bank on

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

None

- - - - - - Other Assets......................

2,304.08

Total Assets.................. $ 766,840.52

LIABILITIES R,emand deposits..................$ lime dcposats.................... . Deposits of U.S. Government..... .
D':ft~i!~~n~f. ~~~~':". ~~~ ~-l~t.i~~~ ~~~
Deposits of banks ................ . Other deposits (certified and officers'
ehecks, etc.) ................... . Bills payable..................... . Acecptanccs executed by or for ac-
count of this bank and outstanding ........................ Other liabilities................. .. Capital. ......................... . Surplus ......................... . Undivided profits................. . Reser,res .......... , ...

404,620.91 139,609.98
650.00
104,775.40 None
None None
None 10,000.00 25,000.00 25,000.00 57,184.23
None

Total Liabilities.............. $ 766,840.52

114

DEPARTMENT OF BANKING

STATEMENT Showing condition at the elose of business December 31, 1960, of
THE CITIZENS STATE BANK Re)'Dolcls, Ga.

As called for by the Superintendent of Banks

W. H. VAN LANDINGHAM, President.
Date of Charter: 9-8-1922

C. H. DENNING, Cashier.
Began Business: 9-8-1922

ASSETS

Caah, bala.noee with other banks, in-

cluclinJ raerve balanoee, and caah

itema m proe.a of oollection.... I 705,125.93

United Statee Government obli&a-

Obltiaia~tiuu0 :0 :f~'!a'C':U.teedp.oiitic'ai
ulKiivwOD8 .................. ..

421,280.84 13,004.67

Other bon<l., notee, and debenturee..

79,862.50

Corporate et.oob (includina atock of

F"ederal Reaerve Bank) 00 0 0 0 0 0 0 0 0 0

None

LoaD8 and diaooUDte (includina over-

drafts). 0 0 0 0 0 0 0 0 0 00 0 0 00 0 0 0 0 00 0 0 0

776,357.92

Bank premiaea owned, furniture and

bturee........................ .

23,055.52

Bea1 estate owned other than bank

premiaea..... 00 . . . . . . . . . . . . . . . . .

None

Investments and other ueete indi-

rectly repreaentillg bank premiaea

or oihr ieal estate............

None

Customers' liability to thia bank on

aeceptanoee outstanding.......

None

- - - - - Other .A.ete.. 00 0 00 00 00 00 00 0 0 0 00 00

1,058.00

TotaiAMeta...... oo ..... ooool 2,019,745.38

LIABILITIES

Demand depoeite.................. I

De . . Time depos1te.................... .

Deposita of U. 8. Government...

~IOi~D8of.

St ..

atee ....

and ....

political ........

11Ub.. oo

8"Cl"~':tc:ertified: ;.;;ci ~

checka, etc.) ................... .

Bille payable.................... ..

Acceptancee eucuted by or for ao-

ooUDt of thia bank and outstand-

ing........................... .

Other liabilities .. 00 .. 00 ........ ..

Capital.......................... .

SuroJue ........ oooooooooooooooo

Undivided profits......... , ...

Reserves . 00 .................. 00

831,090.68 629,588.18
17,760.52 291,460.21 48,953.14
4,240.99 None
None 4,989.83 75,000.00 75,000.00 25,000.00 16,661.83

Total Liabilitiee.oooo 00 ooool 2,019,745.38

STATEMENT

Showing condition at the close of business December 31, 1960, of

WILLIAMS BANKING COMPANY Rhine, GL

As called for by the Superintendent of Banks

R. J. STUDSTILL, President.
Date of Charter: 8-4-1947

MARJORIE H. STUCKEY, Cashier.
Began Business: 10-1-1947

ASSETS

Cub, bala.noee with other banks, in-

cl~ reserve balanoee, and caah itema m proce1111 of ooUeetion ....I

140,326.93

guaranteed ..... . United Statee Government obli&atiODB, direct and

384,491.52

Oblip~'!"!' of Statee and political aubdiV181ou ................
Other bonde, notee, and debenturee..

None None

Corporate etocke (including etock of F"ederal Reserve Bank) ..

None

LoaD8 and diecoUDte (including overdrafts) ........................ .

135,551.28

Bank premiaea owned, furniture and finuree................. 0000 ... .
Bea1 estate owned other than bank premiaea............... ooooooooo

2,533.35 None

Investments and other ueete indi-

rectly repreaentillg bank premiaea

or otner ieal estate..............

None

Customers' liability to thia bank on

None

Otb-:"~.~~~~~~::::::::: :____N_o_n_e

Total Aeeete . . . . . . 00 I 00 . . . . . . .

662,903.08

LIABILITIES

Demand depoeite. . 1 00 . . . . . . . . 00 . . . Time depo111te............... 00 00 00 Deposita of U. 8. Government .....

De~~.:~~~~~~~-~~~-~~~

~.i!:!n':tcerti&ed: ~d ~ etc.) ... checka,

00 . . . . . . . . . . . . .

Billa payable.. 00 ................ ..

Acceptanoee executed by or for ao-

coUDt of thia bank and outstand-

ing. 0 0 0 0 0 0 0 00 0 0 0 0 0 0. 0 0 0 0 0 0 0 0 0 0 0 Other liabilities.................. .
~r:.:::: :::::::::::::::::::::

Undivided profits................

Reserves ........................ .

237,767.18 253,916.06
2,547.06 70,500.00
None 2,364.70
None
None None 25,000.00 25,000.00 45,808.08 None

Total Liabilities ..... 1 662,903.08

----------=-F-=-O=R-=TY-=---::-F::..=IRST ANNUAL REPORT

115

STATEMENT Showing condition at the close of business December 31, 1960, 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

Cash, balances with other banks, in-

cludinll reserve balances. and cash

items 1n process of collection.......S 227,905.34

United States Government obliga-

.. tions, direct and guaranteed ..... .
0~~=0:: ~~~. ~~-. ~~i~~~

782,171.88 23,891.58

Other honda. notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................

188,203.63

Bank premises owned, furniture and

&nures........................ .

9,984.00

Real estate owned other than bank

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

2,500.00

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 ................ S 1 , 234 , 656 .43

LIABILITIES Demand depoai&a.................. S Time depcnts.................... . Deposits of U. B. Government . . . . . .
nerv~~f. ~~~. ~~ ~~~t~~~ ~~~
DejlOeits 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 pro&ts................. . Reserves ........................ .

710,393.67 243,988.71
12,708.84 96,087.96 45,734.45
742.80 None
None None 40.000.00 60,000.00 25,000.00 None

Total Liabilities.............. S 1,234,656.43

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF RINGGOLD Ringgold, Ga.

As called for by the Superintendent of Banks

J. H. TRIMMIER, President.
Date of Charter: 8-26-1904

B. M. BRANCH, Cashier.
Began Business: 8-1904

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection......S 563,361.13

United States Government obliga-

tions, direct and guaranteed ..... . 887,633.00

o':lf::o:1..~~~~. ~~~ .~~~~~ 91,448.98

Other honda, notes, and debentures.. 354,979.20

Corporate atocka (including stock of

Federal Reserve Bank) .......... .

None

Loans and diacounts (including over-

drafts) ...................... 695,569.85

Bank premises owned, furniture and

&xturea . . . . . . . . . . . . . . . . . . . . . . .

15,015.88

Real estate owned other than bank

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

1.00

Investments and other asaeta indi

rectly representing bank premise

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

None

Customers' liability to this bank on

acceptances outstanding........

None

- - - - - - Other Assets..............

693.00

Total Assets . . . . . . . S 2 , 608, 702 .04

LIABILITIES Demand deposits................. S Time depoa1ts.................... . Deposits of U. B. Government ..... .
DeJl~~~f. ~~~. ~~- ~~~~1. ~~~
Depoaits of banks................ . Other depoaits (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ............... : ........... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided pro&ts................. Reaervea ... : .............

1,128,035.87 700,062.64 38,750.03 530,477.68 None 2,756.33 None
None None 50,000.00 100,000.00 58,619.49 None

Total Liabilities........ S 2,608, 702.04

116

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

THE 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 Caah, balances with other banks, in-
cludinf( reserve balances, and caah items 1n proceBB of collection ......$ United State& Government obligation&, direct and guaranteed ..... . Obliga~io.n! of States and political
8UbdlVlSIOD8 .......
Other bonds, notes, and debentur..a.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loana and discounts (including over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
~':'~~\e~er:,:r:::!,~:. ~~~~~- ~r~~i-~
Customera' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

262,049.93 422,103.88
18,926.26 None None
302,201.78 6,844.88 600.00
None None None

Total Assets................. $ 1,012,726.83

LIABILITIES Demand deposits..................$ Time deposita .................... . Deposits of U. S. Government ..... .
0erv~t~.:f. ~~~~".". ~~~- ~~~t~~~- ~~~
Deposit of banks ................ . Other deposits (certified and officera'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outatand ing ........................... . Other liabilities................... . Capital.. ........................ . Surplus ......................... . Undivided profits................. . ReoserYcs .......................

473,720.77 255,588.58
None 206,995.06
None 2,127. 74
None
None 5,000.00 50,000.00 17,500.00 1,794.68
None

Total Liabilities.............. $ 1,012,726.83

STATEMENT

Showing condition at the close of business December 31, 1960, 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

Caah, balances with other banks, in-

cludinj! reserve balances, and caah

items 1n process of collection......$ 291,523.89

United State& Government obliga-

tion&, direct and guaranteed ..... . 360.043.76

O~=X.~onO:. -~~~. ~~~-.~~i~~~~ 13,018.74

Other bonds, notes, and debentures..

None

Co!J)Orate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ . 288,830.78

Bank premises owned, furniture and

fixtures........................ .

4,272.67

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly representing bank premises

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

None

Customer&' liability to this bank on

acceptances outstanding......

None

- - - - - - Other Assets.................... .

None

Total Assets................. $ 957,689.84

LIABILITIES Demand deposits.................$ Time deposits................... .. Deposits of U.S. Government ..... . DeJ!O!i!s of States and political aub-
diviatona ............... DeJ)OBita 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 ........................

505,288.41 208,840.73
19,433.03 113,725.87
None 4,206.66
None
None 5,327.66 25,000.00 30,000.00 45,867.48
None

Total Liabilities.............. $ 957,689.84

FORTY-FIRST ANNUAL REPORT

117

STATEMENT Showing condition at the close of business December 31, 1960, of
THE ROCKMART BANK Rockmart, Ga.
As called for by the Superintendent of Banks

M.A. PERRY, President.
Date of Charter: 10-30-1900

JAMES E. WHITE Cashier.
Began Business: 1900

ASSETS Cash, balances with other banks, in-
cludi"!! reserve balances, and cash items m process of collection...... I United States Government obligations, direct and guaranteed ..... . Obligat,io~ of States and political
8Uild.lV1810D8 . . , .... , ...
Other bonds, notes, and debentures.. Corporate atocka (including atock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ Bank premises o'l\ned, furniture and
fixtures...................... Real estate owned other than bank
premises............. Investments and other aasets indi-
rectly representing bank premises or other real estate............. . CUlltomers' liability to this bank on acceptances outstanding......... . Other Assets: ...................

762,172.55 1,150,978.19
152,779.19 199,906.46
None 2,082,862.55
52,183.34 None
None None None

Total Assets................ I 4,400,882.28

LIABILITIES

Demand deposits................. I 1,784,803.00

Time depos1ta .................... . 2,016,591.33

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

30,380.51

D"rvr!~f. ~~~~8. ~~~- ~~~t~~~- ~~~ 229,173.34

DejlOIIits of banka . . . . . . . . . . . . . . . . .

None

Other deposita (certified and officers'

~becks, etc.) ................... .

15,639.24

Bills payable..................... .

None

Acceptances executed by or for &<>-

count of this bank and outatand

ing........................... .

None

::::::::::::::::::::::::: Other liabilities................... .
~:::t:.

16,547.96 75,000.00 75,000.00

Undivided profit&................. .

89,094.63

Reserves ....................... ..

68,652.27

Total Liabilities.............. 1 4,400,882.28

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE ROME BANK AND TRUST COMPANY Rome, Ga.

As called for by the Superintendent of Banks

J. B. DODD, JR., President.
Date of Charter: 4-5-1945

WALLACE C. REED, Cashier.
Began Business: 10-1-1945

ASSETS Caah, balances with other banks, in-
cluding reserve balances, and caah items in proceaa of collection ...... 1 United States Government obligation&, direct and guaranteed ..... . Obliga~i~n~ of States and political
SUbdiVlBIODB ................... .
Other bonds, notes, and debentures.. Corporate atocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (indu<ling over-
draft&) ........................ . Bank premises owned, furniture And
fixtures.................... . Real eatate owned other than bank
premises........... Investments and other aaaets indi-
rectly representing bank premist>s or other real estate ............. . Customera' liability to this bank on acceptances outatanding.......... Other Asaeta.. . .. . . . . . . . . . . . . . . . . .

1 ,451 ,062 . 56 2,878,023.35
397,330.11 210,015.68
None 3,514,672.11
315,971.03 None
None None 30 ,691. 63

Total ABaete . . . . . . . . . . . . . . . . I 8,797,766.47

LIABILITIES Demand deposita .................. I Time depos1ta .................... . Deposita of U.S. Government ..... .
De&~t!n~f. ~~~~~s. ~~~- ~-~t~~~~- ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for &<>-
count of this bank and outatsnding ........................... .
::: ::::::::::::: :: ::::::: Other liabilities................... .
~:r;r:!.
Undivided profit&................. . Reserves ........................ .

3,230,656.61 3,422,319.60
396,431.65 942,023.94 130,109.42 20,649.06
None
None None 320,000.00 200,000.00 2,629.39 132,946.80

Total Liabilitiea.............. i 8,797,766.47

118

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

ROSWELL BANK Roswell, GL

As ealled for by the Superintendent of Banks

WALTER A. EAVES, President.
Date of Charter: 3-1-1901

J. A. MOSTELLER, Cashier.
Began Business: 3-1901

ASSETS Cash, balances with other banks, in-
eludiiiJ reserve balances, and cash items m procesa of collection. . . ...$ Cnited States Government obligations, direct and guaranteed ..... .
O~~f.':t\~~to.=. -~~~~~ . and_ .~~i~i-~_a_l
Other bonds, notes, and debentures.. Corporate stocks (including si<H"k 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 areeptanees outatandina:........ . Other Assets.....................

707,730.38 1,701,005.32
439,397.30 681,980.00
None 2, 799,160.45
40,852.21 None
None None 24,860.63

LIABIUTIES Demand deposita.................. $ Time depoe1ta.................... . Deposita of U. S. Government ..... . DeJ!O!i~ of States and political sub-
divisaons ...................... . Depoeita of banks ................ . Other dP.poeits (certified and officers"
checks, etc.) ................... . Bills payable..................... . Acceptan's ex.,.,uted by or for ac-
count of this bank and outstandinp: . . . . . . . . . . . . . . . . . . . . . . . . . . . . Other liabilities.................. . Capital. ......................... . Sur11lus ......................... . Undivided profits................. . Resen~s ........................ .

2,672,031.93 2,347,318.26
139,261.40 555,041.31
84,077.28 14,360.75
None
None 117,202.77 150,000.00 250,000.00 25,692.59 40,000.00

Total Asaeta ..................$ 6,394,986.29

Total Liabilities.............. $ 6,394,936.29

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

STATEMENT

Showing condition at the close of business December 31, 1960, of

TRI-COUNTY BANK OF ROYSTON Royston, Ga.

As Called for by the Superintendent of Banks

LAWSON McCONNELL,

JOE E. RIDGWAY,

President.

Cashier.

Date of Charter: 8-9-1941

Began Business: 9-1-1941

ASSETS Cash, balances with other banks, in-
eluding reserve balances, and ~ash ite1na in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligat_io~ of States and politi~al aubdav18aons .................. 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 Asaets....................

516,301.56 1,739,964. 76
722.147.60 None None
678,290.31 25,701.63 None
None None None

Total Assets .................. S 3,682,405. 86

LIABILITIES Demand deposits..................S Time depoe1ts.................... . Deposits of U. S. Government ..... .
D'rvr!l~n~~ ~~~~- ~~~- ~J~t.i~~~- ~~~
Deposits of banks ................ . Other depoeits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Ac~eptances executed by or for ac-
count of this hank and outstandintr ........................... . Other liabilitics .................. . Capital. ......................... . Sur11lus . . . . . . . . . . . . . . . . . . . . . . . . . . Undivided profits................. . Rf'servffl ........................ .

2,060.291.62 1,165,604.38
33,188.32 212,904.12
None 4,513.59
None
None 6,093.81 50,000.00 100,000.00 49,810.02
None

Total Liabilities.............. S 3,682,405.86

FORTY-FIRST ANNUAL REPORT

119

STATEMENT

Showing condition at the close of business December 31, 1960, 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, balance& with other bauka, in-

cludi~ reserve balancea, and cub

items m proceaa of collection..... I 183,287.23

United States Government obliga-

tions, direct and guaranteed ..... .

413,668.55

0~~t:l=o:1. -~~~. ~~~-.~~~~~

8,452.81

Other bonds, notca, and debentures ..

67,937.50

Corporate atocka (includins stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (includins over-

drafts) ........................ .

492,821.64

Bank premiaea owned, furniture and

fixtures........................ .

1,582.99

Real estate owned other than bank

prenieee....................... .

None

Investments and other aaaeta indi-

rectly representing bank premiMa

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

None

Cuatomera' liability to thia bank on

aet'eptances outatandins......... .

None

- - - - Other Aaacta..................... .

None

Total Aaaeta ............... I 1,167,750.72

LIABILITIES Demand deposita................ 1 Time deposita................. Deposita of U.S. Government ..... . De~i~ of States and political sub-
divisions ...................... .
8:~.t:.!et!."t!.tified" ;u,d ,;tfi~~ checks, etc.) ................... . Billa payable..................... . Acceptance& executed by or for ac-
count of this bank and outatandins. 0 0 0 0 0 0 0 0 0 0 0 0 0 0 00 0 0 0 0 0 0 0 0 0 0 0 Other liabilities..................
~:;l:::::::::::::: :::::::::::::
Undivided profits................. . Reserves ........................ .

425,762.73 430,608.06
656.00 175,323.55
None 1,574.29
None
None None 25,000.00 50,000.00 52,787.47 6,038.62

Total Liabilities.......... I 1,167,750.72

STATEMENT

Showing condition at the close of business December 31, 1960, of

SAINT MARYS STATE BANK Saint Marys, Ga.

As called for by the Superintendent of Banks

J. B. MILLER, President.
Date of Charter: 4-12-1955

FLEM J. HALL, Cashier.
Began Business: 8-4-1955

ASSETS

Cash, balance& with other banks, in-

cludi~ reaerve balancea, and cash items 1n proceaa of collection...... I

460,502.03

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

444,804.50

Obliga~io_n~ of Sta!A'.a and political subdiVISIOns ................... .
Other bonds, notes, and debentures..

None 239,875.00

Corporate atocka (including stock of Federal Reacne Bank) .....

None

Loana and discounts (including overdrafts) 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

625,385.55

Bank premiaea owned, furniture and fixtures........................ .

13,508.16

Real estate owned other than bank premiMa......................

None

Investments and other aaaeta indi-

rectly representing bank premiMa or other real estate............. .

None

Cuatomera' liability to this bank on

acceptance& outstanding. . . . . . . . .

None

Other Aaaeta..................... _ _ _2_,3_94_._66_

Total Aaaeta................ I 1,786,469 .90

LIABILITIES Demand deJIOIIit& ............... 1 Time deposita................ Depoaita of U.S. Government..... DeP.~i~ of States and political sub-
d.ivl8JOD8 . .
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..................... Surplua......................... . Undivided profits.............. Reaerves ..................

617,926.10 500,441.23 235,431.93 287,499.12
None 2,990.54
None
None 27,940.33 50,000.00 50,000.00 14,240.65
None

Total Liabilities... I 1,786,469.90

120

____ .DEPARTMENT OF BANK_Ic:..:N-=G:___ _

STATEMENT

Showing condition at the close of business December 31, 1960, of

ST. SIMONS STATE BANK St. Simo1111, Ga.

As called for by the Superintendent of Banks

J. H. LESTER, JR., President.
Date of Charter: 4-24-1950

C. W.- LANCE, Cashier.
Began Business: 6-1-1950

ASSETS Cash, balances with other banks, in-
cludilljl reserve balances, and cash items m proceaa of collection...... S United States Government obliaa-
. tiona, direct and guaranteed ..... .
Ob~:::OI:. -~~~. ~~~- ~~~i-~~
Other bonds, notes, and debentures.. Corporate atoeka (including stock of
Federal Reserve Bank) .......... Loans and discounts (includina; 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 Bank premises owned, furniture and
fiKtures........................ . Real estate owned other than bank
premises....................... .
Investments and other aaaeta indirectly repreaentins bank premises or other real estate............. .
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..............

722,070.63 254,079.26
38,310.65 100,000.00
None 858,191.73 25,626.00
None
5,363.18 None
2,188.12

Total Assets............... S 2,005,829.57

LIABILITIES Demand depoaita ................. -S Time depoe1ta.................... Depoeita of U.S. Government..... . De~~ of States and political sub-
divilllona . . . . . . . . . . . . . . . . . . . . . .
~:~~"t!.rufied ;,;.d omi:eh checks, etc.) ................... . Billa payable..................... Aceeptancea e:o:ecuted by or for ac-
count of this bank and outatandins- 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............
~:r~t:-.
Undivided profits................. . Reserves .................

973,462.74 682,002.77
51,107.46 74,749.58 105,215.48
415.00 None
None 6,500.00 50,000.00 50,000.00 9,676.54 2,700.00

Total Liabilities.............. S 2,005,829.57

STATEMENT Showing condition at the close of business December 31, 1960, of

THE GEO. D. WARTHEN BANK Sandenville, Ga.

As called for by the Superintendent of Banks

C. FINDLAY IRWIN, SR., President.
Date of Charter: 3-18-1957

JOHN D. EVERETT, Cashier.
Began Business: 3-18-1957

ASSETS Cash, balances with other banks, in-
cludilljl reserve balances, and cash itemam process of collection ...... S United States Government obligations, direct and guaranteed . . . . . . Obliga~o~ of States and political aubdivlSlODB.................... Other bonds, notes, and debentures. . Corporate stocks (including stock of F..deral Reserve Bank)........... Loans and discounts (including overdrafts) 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 fi:o:tures......................... Real estate owned other than bank premises.... . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premiaes or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets......................
s TotaJAssets ..................

1,460, 765.74 1, 136,062 .52
548,027.56 66,462. 50
None 2,256,477.37
1.00 None
None None None 5,467,796.69

LIABILITIES Demand depoaita..................$ Time deposta..................... . Deposita of U.S. Government ..... . DeJ!OI!i~ of States and political aub-
divisJons ... .................... .
8:c:it;!.f:t!riified &;.d om~,:..; checks, etc.) ................... . Billa payable..................... . Acceptances ezecuted by or for ac-
count of this bank and outstanding........................... . Other liabilities ..................
~:r;f:!. ::: ::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

3,277,260.12 826,200.77 293,120.93 470,741.85 None 37,185.33 None
None None 100,000.00 300,000.00 163,287.69 None

Total Liabilities..... -S 5,467,796.69

FORTY-FIRST ANNUAL REPORT

121

STATEMENT Showing condition at the close of business December 31, 1960, of
BANK OF SARDIS Sardis, Ga.

As called for by the Superintendent of Banks

W. H. SMITH, President.
Date of Charter: 4-27-1945

L. F. BARGERON, Cashier.
Began Business: 7-2-1945

ASSETS Cash, balances with other banks, in-
dudinJl reserve balances, and cash items m proceas of collection ......$ t:nited States Government obligations, direct and guaranteed ..... . Obliga~io~ of States and political aubd.tvl8aone . .................. . Other bonds, not.H, and debentures.. Corporate stocks (includins stock of Federal Reserve Bank) .......... . Loans and discounts (induding overdrafts) ........................ . Bank premises owned, furnitur" and fixtures........................ . Real estate owned other than bank pren1isfoa...... ................. . Investments and other usets indirectly representins bank pre1uises or other real estate ............. . Customers' liability to this bank on aoceptances outstandinl!l......... . Other Aasets..................... .

169,503.12 173,481.56
8,123.06 None None
272,966.74 3,776.36 None
None None None

Total Aasets ................ -~--6-2-7-,850--.84-

UABILITIES Demand deposits..................S Time depos1ts.................... . Deposits of U.S. Government ..... .
DTv~~~n~r. ~~~':". ~~~. ~~~t.i~~~. ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bille payable..................... . Acceptances "xccuted by or for ac-
count of this bank and outstandins ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

206,002.58 192,922.33
996.04 143,555.35
1,053.75 3,085.86
400.00
None None 25,000.00 30,000.00 24,834.93 None

Total Liabilities.............. S 627,850.84

STATEMENT

Showing condition at the close of business December 31, 1960, of

ATLANTIC SAVINGS AND TRUST COMPANY Savannah, Ga.

As called for by the Superintendent of Banka

EDGAR R. TERRY, President.
Date of Charter: 11-6-1933

JAS. J. JOHNSON, Cashier.
Began Business: 11-6-1933

ASSETS

Cash, balances with other banks, in-

cludinJl reserve balances, and caah items m proceas of collection...... S 263,132.65

United States Government obliga-

.. tions, direct and suaranteed ..... . 1,035,700.00
o~~~o::. -~~~. ~~~ '.":'~i~i.~ 22,893.47

Other bonds, notes, and debentures..

None

Corporate stocks (includins stock of Federal Reserve Bank) .......... .

None

Loans and discounts (includins overdrafts) .. 0 00 0 00 00.0. 0. 0. 0. 0. 0. 0.

2,561,790.27

Bank premises owned, furniture and fixtures........................ .

34,085.92

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

1.00

Investments and other 888etB indi-

rectly representins bank premises or other real estate............. .

None

Customers' liability to this bank on acceptances outstandins......... .

None

- - - - - - Other Aasets..................... .

37,707.77

Total Aasets .. S 3,955,311.08

LIABILITIES Demand deposits................. . Time depos1ts..................... S Deposits of U.S. Government ..... .
DeJl~~t~~(- ~~~- ~~. ~~~t~~. ~~~
Deposits of banks................ . Other deposits (certified and officers'
checks, et~.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstandins ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . RtSer\es ......................

None 3,116,651.34
None 133,800.00
10,000.00 5,083.87
None
None 710.42 100,000.00 400,000.00 189,065.45
None

Total Liabilities.............. S 3,955,311.08

122

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, 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 Caah, balances with other banks, in-
cludiDJ reserve balances, and cash items m procese of collection...... $ United States Government obligations, direct and guaranteed ..... . Oblia~~"!' of States and political aulJd.iVl81ooa . .................. . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premiaooe omed, furniture and fisturee........................ . Real estate owned other than bank premiaee....................... . Investments and other aeeete indirectly repr-ting bank premiaee or other ieal estate............. . Customers' liability to this bank on acceptances outetandina:......... . Other ANeta..................... .
Total AeMte .................. $

84,073.25 65,000.00 35,867.65
None 100.00 874,880.94 30,476.48 2,533.04
None None 1,680.20 1,094,611.56

LIABILITIES Demand dejiOIIits................ . Time depoe1te.................... $ Deposita of U. S. Government . . . . . . DeJ!Of!i~ of States and political sub-
divisions ...................... .
8"C.\:;!.~riifi"ed ;.nd: offiren; checks, etc.) ................... . Bille payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding.......................... ..
:::: ::: :: ::: :: :: :: :::: ::: Other liabilities.................. .
~=r:.
Undivided profits................. . Reserves ......................

None 858,311.46
None 6,600.00 32,000.00 8,023.71
None
None None 100,000.00 20,720.00 28,956.39 40,000.00

Total Liabilities............ $ 1,094,611.56

STATEMENT

Showing condition at the close of business December 31, 1960, of

CHATHAM SAVINGS BANK Savannah, Ga.

As called for by the Superintendent of Banks

ELTON W. CREECH, President.
Date of Charter: 8-11-1953

GILBERT G. WOOD, Secy. & Treas.
Began Business: 8-11-1953

ASSETS Cub, balancce with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United Stat<-s Government obligations, direct and guaranteed ..... . Oblia~io."!' of States and polities!
8UbdiVI810D8 . . , .......... , ..
Other bonds, notea, and debentures .. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounta (including over-
drafts) ....................... .. Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premiaea....................... . Investments and other ueete indi-
rectly representing bank premiaea or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaecte..................... .

257,108.17 None
312,723.83 None 1.00
2,678,347.86 1,671.49 4,844.89
None None 4,966.02

Total Aaecte ................. $ 3,259,663.26

LIABILITIES Demand dejiOIIits................ . Time depos1te.....................$ Deposita ofU. S. Government ..... .
D~l:~~ ~~~~- ~~~ ~l~t.i~~- ~~~
Deposita 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................. . Reeervce ........................ .

None 2,481,499.10
None 10,000.00 10,000.00 3,201.71
None
None 20,289.40 300,000.00 300,000.00 134,673.05
None

Total Liabilities............. $ 3,259,663.26

FORTY-FIRST ANNUAL REPORT

123

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

STATEMENT

Showing condition at the close of business December 31, 1960, of
THE GEORGIA STATE SAVINGS BANK OF SAVANNAH Savannah, Ga.

As called for by the Superintendent of Banks

H.M.DUNN, President.
Date of Charter: 7-29-1909

S. A. BREWTON, Cashier.
Began Business: 8-4-1909

ASSETS

Cash, balances with other banks, in-

eluding reserve balances, and cash

items in process of collection.......$ 623,328.30

United States Government obliga-

tions, direct and guaranteed ..... .

822,500.00

Obliga~i~~ of States and political

subdiVJSIOns . . . . . . . . . . . . . . . . . . . .

482,860.46

Other bonds, notes, and debentures..

50,000.00

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ . 7,024,328.70

Bank premises owned, furniture and

fixtures........................ .

137,639.44

Real estate owned other than bank

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

44,000.00

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

6,238.06

Total Assets ................ $ 9,190,894.96

LIABILITIES Demand deposits................ . Time deposita.................... $ Deposita of U.S. Government .....
D':li~T!~.:~ ~~~':". ~~~- ~-l~t.i~~~- ~~~
Deposita of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Billa payable..................... . A~ceptancea executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. .
ReB<'rves ......

None 7,862. 707.33
None 300,422.16
10,000.00 10,681.72
None
None 86,916.38 325,000.00 325,000.00 250,167.37 20,000.00

Total Liabilities....... $ 9, 190,894.96

STATEMENT Showing condition at the close of business December 31, 1960, of

INDUSTRIAL SAVINGS BANK OF SAVANNAH Savannah, Ga.

As called for by the Superintendent of Banks

L. R. WYLLY, JR., President.
Date of Charter: 5-20-1954

A. B. GAMMON, JR., Sec.-Treas.
Began Business: 5-20-1954

ASSETS Cash, balances with other banks, in-
eludinj! reserve balances, and cash itemsm process of collection...... $ United States Government obligations, direct and guaranteed . . . . . . Obliga~io_n~ of States and political subdtvl&tons.................... 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 . . . . . . . . . . . . . . Cuatomers' liability to this bank on acceptances outstanding.... . . . . . OtherAssets......................

326,720.89 331 ,021 . 88
None None None 1 ,057,704. 59 10,897.48 None
None None 4,791.01

Total Assets ..................$ 1 731 135. 85

LIABILITIES Demand deposits..................$ Time deposits.................... Deposits of U.S. Government .....
Dr~t~.:f. ~~~- ~~~- ~~~t~~- ~~~
Deposita of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding .................. Other liabilities................. Capital ......................... Surplus ....................... Undivided profits................ Reserves ....................

260,826.58 947,432.25
None
111,598.32 None
8,650.20 None
None 111,764.90 150,000.00 50,000.00 90,863.60
None

Total Liabilities.............. $ 1,731,135.85

-12-4 - - - - - - - - - -

DEPARTMENT

OF -

-B-A-N-

-K-ING

----------

STATEMENT

Showing condition at the close of business December 31, 1960, of

SAVANNAH BANK AND TRUST COMPANY OF SAVANNAH

Savannah, Ga.

As called for by the Superintendent of Banks

REUBEN G. CLARK, President.
Date of Charter: 3-4-1869

THOMAS J. CHRISTIAN, Cashier.
Began Business: 7-1-1869

A8SETS

CRSh, bAlan('('S with othrr tanks, in-

cluding reserve bn1a.nrcs, and cash

items in proceos of rollrrtion ...... $ 8,648,459.42

United States Government obliga-

tions, dir<>ct and J!Uo.rant(>cd ..... . 9,459,154.85

Oblil!tat.io!'~ of States and politiral

subdtvJstons ................... . 1,914,371.45

Other bonds, notes, and debentures ..

196,190.88

Corporate storks linrluding stock of

Federal Rrsene Barkl .......... .

105,001.00

Loa"s And disrounts (including over-

drafts) ........................ . 25,873,032.37

Bank premises O\\'Ded, furniture and

fixtures.... . .................. .

890,155.79

Real estate owned other than bank

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

None

Investments and other assets indi-

rer.tlv rcprf'scntinp; bank premisr.s

or other rpRl P!'tnte . . . . . . . . . . . . . .

None

Customers' liability to the bank on

ac~Pptanccs outstanding ......... .

13,611.20

Other ABSets ..................... .

436,042.72

Total Assets .................. $ 47,536,019.68

LIABILITIES

Ormand deposits.................. $ 19,476,153.71

Time depos1ts..................... 14,029,233.19

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

778,279.31

Dedp1i_"v",si1_t0sno9f ~tates_ ~nd. ~-~liti~al_ ~~~ 2,333,033.86

Oeposits of l>anks. . . . . . . . . . . . . . . . . 3 ,290, 812.41

Other deposits (certified and officers'

rhccks, etc.).................... 2,093,979. 79

nills payable......................

None

Acrl"ptances executed by or for ac-

count of this bank and outstand-

insr; . . . . . . . . . . . . . . . . . . . . . . . . . . . .

13,611.20

C'ther liabilities .................. .

921,132.78

Capital. ......................... . 1,500,000.00

~urplus .............. ..... 2,500,000.00

l'ndivided profits................. .

512,332.72

RPservl"s ........................ .

87,450.71

Total Liabilitie.............. -$ 47,536,019.68

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS AND MERCHAN'ffi BANK OF SENOIA Senoia, Ga.

Aa called for by the Superintendent of Banks

R. W. FREEMAN, President.
Date of Charter: 3-2-1874

HA'ITIE S. WHATLEY, Cashier.
Began Business: 1889

ASSETS Cash, t:aiAnces with other banks, in-
eluding T('BPrve halan~es, nnd cash items in prctrtss of collcclion ...... S llnited States Government obli,;ations, direct nn'l ~uaranteOO. . .. Obligat.io_n~ of States ami political
8\lbdlVlSlr>l~S . . . . . . . . . . . . . . . . . . .
Other bonds, notes, and drhenturcs.. Corporate storks (inclurling stock of
Federal Rsef\e BAnkl .......... . Loans and discounts (in,.:luding over-
drafts) .................. .. .
Bank premises owned, furniture n.nd fixtures...... . . . . . . . . . . . . . . . ..
Real estate owned other than bank premiSf"s..................... .
Investments and other assets indirectly representing bank premis('S or other re11l estate ............. .
Customers' liabilitv to this bank on acceptancf!'s outstanding......... .
Other Assets..................... .

288,645.38 631,644.53
None None None 321,600.95 4,441.00 None
None None None

Total Assets ..................$ 1,246,331.86

LIARILITIES

I ~f":uand dC'posits.

. ..... S

Timr. df."pos1ts.................... .

Hepesits of l". R GovernmPnt ..... .

n:ft~T!1~n~~ ~~~~~s- ~~~- ~l_"_I~t-i~~~- ~~~

n.pusits of banks. . . . . . . . . . . . . . Othrr <lrposit& (certif.cd and officers'
rhrcks, ctr.) ... Ril!s payable... . ................ . .Aect'ptanNs excrutPd hy ur for o.r-
rount of this bank nml outstan<.lin~t ........................... .
Other lial.ilities .................. . f'apitnl. ......................... . :O:.urplus ........................ .
(!ndivic.l<:>d profits ................. .
RPsrrv<'s ........................ .

522,316.71 523,339.64
594.50
102,217.14 None
3,287.22 None
None None 25,000.00 45,000.00 24,576.65 None

Total Liabilities............. $ 1,246,331.86

FORTY-FJ.RST ANNUAL REPORT

125

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF SHARON Sharon, Ga.

As called for by the Superintendent of Banks

ARTHUR D. BROWN, President.
Date of Charter: 9-29-1904

B. R. DARDEN, Cashier.
Began Business: 9-1904

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of rollection ...... $ 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 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.................. .
Total Assets. . . . . . .......... $

69,524.66 242,000.00
None None None 91,649.37 301.00 None
None None 165.78 403,640.81

LIABILITIES Demand deposits.................. $ Time dcpos1ts .................... . Deposits of U.S. Government ..... .
D'Ji~~~~n~f s~~~~s. ~~~- ~~~t~~~1. ~~~
Deposits of 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 ........................ .

69,060.49 60,951.80
None 232,667.57
None 439.50
None
None None 15,000.00 17,000.00 8,521.45 None

Total Liabilities....

.... $ 403,640.81

STATEMENT Showing condition at the close of business December 31, 1960, of
FIRST STATE BANK Shellman, Ga.

As called for by the Superintendent of Banks

J. W. WALKER, President.
Date of Charter: 12-31-1958

J. W. CURRY, Cashier.
Began Business: 1-2-1959

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
subdiVlSIODS . .................. .
Other bonds, notes, and debentures.. Corporate storks (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..................... .

2ll,340.88 665.,151.05
5,000.00 325,109.37
None 338,599.37
9,831.62 None
None None 1,477.15

Total Assets................. $ 1,556,509.44

LIABILITIES Demand deposits ................. $ Time depos1ts .................... . Deposits of U.S. Government ..... .
D'Ji~!l~n~f. ~~~~~s. ~~~- ~-~I~t.i~~l ~~~
DPposits of hanks ................ . Other deposits (rertified and officers'
rhecks, He.) ................... . Bills payable ..................... . Acceptances necutPd by or for ac-
rount of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1,060,903.17 156,744.49 7,292.88 151,476.35 None 8,096.10 None
None 5,700.00 50,000.00 75,000.00 41,296.45
None

Total Liabilities......... $ 1,556,509.44

126

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF SMYRNA Smyrna, Ga.

As called for by the Superintendent of Banks

D. C. LANDERS, President.
Date of Charter: 4-4-1946

W. C. BURGER, Cashier. Began Business: 8-5-1946

ASSETS Cash, balances with other banks, in-
cludinj! reserve balances, and caah items 1n process of collection...... S United Statea Government obligations, direct and guaranteed ..... .
0~!rJf~~To::. -~~~ .~~~- .~~~i~~
Other 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-
~~!~te~efe':f::!~!. ~~~~- -~r~~~~
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

724,354.17 1,239,409.50
548,765.64 275,031.25
None 2,022,404.53
62,156.92 None
None None 25,554.46

Total Assets ..................S 4 ,897, 676 .47

Demand

deposits

.

LIABILITIES ...............

.

.s

Time depos~ts .................... .

Deposita of U.S. Government ..... .

D~!1~n~~ ~~~~. ~~~- ~.o.lit_ic~l. ~~~

DPjlosits 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.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

2,625,038.69 1,581,923.80
:j.2,967 .49 253,224.09
None 5,004. 71
None
None 6,000.00 200,000.00 50,000.00 100,017.69 33,500.00

Total Liabilities.............. S 4,897,876.47

STATEMENT

Showing condition at the close of business December 31, 1960, of

SOCIAL CIRCLE BANK Social Circle, Ga.

As ea&d for by the Superintendent of Banks

J. H. STEPHENS, President.
Date of Charter: 12-31-1923

C. E. MOORE,
Cashier. Began Business: 3-8-1924

ASSETS Cash, balances with other banks, in-

cluding items in

reserve process

boaflcaonlcleesc,tiaonnd..c.a..sh. s

United States Government obliga-

tions, direct and guaranteed ..... .

Obliga~i"}}~ of Statea and political

subdJVIBlODI!J , ....
Other bonds, notea, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over1 drafts) ........................ .

Bank premises owned, furniture and fixtures .................. : ..... .

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

Investments and othr assets indirectly representing bank premises or other real estate ............. .

Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .

226,974.93 496,313.13
None None None 591,879.71 27,545.11 None
None None None

Total Assets ................. S 1,342,712.88

LIABILITIES Demand deposits..................S Time deposts.................... . Deposita of U.S. Government ..... .
D'jl~1!1~~~ ~~~~s. ~~- ~.o.I~t.i~~~. ~~~
Deposita of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserve-s ........................ .

634,017.98 440,194.74
39,157.29 76,774.12
None 6,790.53
None
None None 25,000.00 75,000.00 43,424.22 2,354.00

Total Liabilities.............. S 1,342,712.88

FORTY-FIRST ANNUAL REPORT

127

STATEMENT Showing condition at the close of business December 31, 1960, of
THE BANK OF SOPERTON Soperton, Ga.

As called for by the Superintendent of Banks

JIM L. GILLIS, JR., President.
Date of Charter: 7-16-1906

B. KENNON GILLIS, Cashier.
Began Business: 190~

ASSETS Cash, balances with oth~r banks, in-
dudinj!: reserve balances, and cash items m process of collection...... S 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 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 accoptanct'll outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . .

569,756. 87 1592,688. 89
621,676.58 None None
1 , 121 , 907.49 2,000.00 None
None None 882. 92

Total ASBeta . . . . . . . . . . . . . . . . . . S 3,908,912.75

LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U. S. Government ..... .
D'Jl~~~n~f. ~~~~':". ~~~- ~-ol~t~~l. ~~~~
Deposits of banks................ . Other depo3ita (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 ........................ .

1,794,600.11 1,352,497.00
27,240.29 418,097.60
None 7,627.25
None
None 65,641.47 100,000.00 100,000.00 43,209.03
None

Total Liabilities.............. S 3,908,912.75

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF HANCOCK COUNTY Sparta, Ga.

As called for by the Superintendent of Banks

S. H. HOLLIS, President.
Date of Charter: 10-18-1904

WM. W. ARCHER, Cashier.
Began Business: 9-5-1904

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 p:>litical
IUbdlV18lODS
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bankl .......... . Loans and discounts (incluiing over-
drafts) ..................... Bank premises owned, furniture and
fiztures ........................ . Real estate owned other than bank
premises.................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other ASBets..................... .

359,933.31 736,951.31 238,064.77 274,640.63
None 1,191,224.15
7,500.00 1.00
None None None

TotalAsseta .................. $ 2,808,315.17

LIABILITIES Demand deposits..................I Time depOSits .................... . Deposits of U.S. Government ..... .
D';fl~!~~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 ........................ .

827,561.38 1,366,839.08
15,981.04 388,477.85
None 3,606.66
None
None None 50,000.00 75,000.00 68,349.16 12,500.00

Total Liabilities...............$ 2,808,315.17

128

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, 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 balanres, and cash
items in proceaa of collection...... $ United States Government obliga-
tions, direct and guaranteed. . . . . . Obligat.iop~ of States and political
SUbdiVISIOnS.................... Other bonds, notes, and debentures. . Corporate storks (including stock of
Federal Resene 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. . . . . . . . . . . . . . . . . . . . . .

462,568.02 1 ,120, 453. 13
116,682.57 None None
1,261, 709.17 3,691.39 None
None None None

Total Assets .................. $ 2,965 ,104. 28

LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U. S. Government ..... .
D'Ji~~t~n~~ ~~~~~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.................... Reloerves ........................ .

1,112, 755.51 1,411,964.65
None
220,384.12 None
None None
None None 50,000.00 100,000.00 70,000.00 None

Total Liabilities...............$ 2, 965, 104.28

STATEMENT

Showing condition at the close of business December 31, 1960, 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.
Besran Business: 1916

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection...... $ 249,154.08

United States Government obliga-

tions, direct and guaranteed ..... .

462,558.59

Obligat_iop~ of States and political

subdiVIBIODB . . . . , ..... , ........ .

93,580.65

Other bonds, notes, and debentures..

234,981.25

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ .

177,248.14

Bank premises owned, furniture and

fixtures........................ .

9,640.40

Real estate owned other than bank

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

None

Investments and other assets indi-

rectly rf.presenting bank premises

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

None

Customers' liability to this bank on

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

None

- - - - - - Other Assets..................... .

None

Total Assets.................. $ 1,227,163.11

LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... .
D'jl~~!l~n~f. ~~~B. ~~- ~~~t~~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 ........................ .

811,580.65 226,074.54
4,757.61
73,036.08 None
2,825.30 None
None None 25,000.00 45,000.00 38,888.93 None

Total Liabilities.............. $ 1, 227, 163. 11

--------------------- FORTY-FIRST ANNUAL REPORT

129

STATEMENT

Showing condition at the close of business December 31, 1960, of

BULLOCH COUNTY BANK Statesboro, Ga.

As called for by the Superintendent of Banks

W. G. COBB, President.
Date of Charter: 1-19-1934

J. BRANTLEY JOHNSON, Cashier.
Began Business: 4-14-1934

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash

items in process of collection .. ....$ 942,368.41

United States Government obliga-

tions, direct and guaranteed ..... . 1,359,765.57

Obliga~io.n~ of States and political

BUbdlVlSIODS , , , , ,

458,469.28

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

None

Loans and discounts (including over-

drafts) ........................ . 1,870,407.26

Bank premises owned, furniture and

fixtures........................ .

149,812.21

Real estate owned other than bank

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

None

Investments and other IU'sets indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

- - - - - Other Assets..................... .

1,520.00

Total Assets . . . . . . . . . . . . . . . . . S 4, 782,342. 73

Demand deposits ...L.I.A..B.I.L.I.T..IE..S...s
Time depostta.................... . Deposits of U.S. Government ..... .
D';Jl~!!~n~~ ~~~~~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 ........................ .

2,875,198. 79 783,829.39 186,471.10 353,575.05 75,364.05 30,117.41 None
None 21,945.40 200,000.00 200,000.00 45,841.54 10,000.00

Total Liabilities.............. $ 4,782,342.73

STATEMENT Showing condition at the close of business December 31, 1960, of

SEA ISLAND BANK Statesboro, Ga.

As called for by the Superintendent of Banks

C. B. McALLISTER, President.
Date of Charter: 3-11-1901

H. E. BRAY, Cashier. Began Business: 1901

ASSETS Cash, balances with other banks, in-
cludillj! reserve balances, and caah items 1n process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~io."!' of States and political aubdiVlStons ................... . Othrr 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..................... .

1,967,339.35 1,180,504.00
213,117.90 None None
2,759,445.12 27,334.82 None
None None 1,379.56

Total Assets ..................$ 6,149,120.75

LIABILITIES Demand deposita................. S Time depos1ts.................... Deposits of U.S. Government ..... .
D';Jl~~.!f. ~~~- ~~ ~-o~~t~~- ~~~
Deposits 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 ........................ .

3,899,418.86 925,283.22 63,887.15
488,116.68 94,246.25
114,207.05 None
None None 125,000.00 275,000.00 100,000.00 63,961.54

Total Liabilities...............s 6,149,120.75

130

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

THE BANK OF STONE MOUNTAIN Stone Mountain, Ga.

As called for by the Superintendent of Banks

WALTER H. GIBSON, President.
Date of Charter: 4-17-1957

ROBERT L. MAUGHON, Cashier.
Began Business: 6-6-1957

ASSETS Caah, balances with other banks, in-
cluding reserve balances, and caeh items in proceee of collection ...... S United States Government obligations, direct and guaranteed. . . . . .
Ob;:.ey~fsTonO:..~~~. ~~~.. ~~i~~~
Other bonds, notes, and debentures..
Corporate stocks (including stock of Federal Reserve Bank) .......... .
Loans and discount& (including overdrafts).........................
Bank premises owued, furniture and fixtures.........................
Real estate owued other than bank premises..... . . .. .. .. . .. .. .. . . ..
Investments and other aeeete indirectly representing bank premises or other real estate ............. .
Customers' liability to this bank on acceptances outstanding.... . . . . . .
Other Aseete......................

148,210.10 608,132.51
None None None
801,473.19 4,928.40 None None
None 9,352.37

Total Aseete.................. S 1,572,096.57

LIABILITIES Demand deposita.................. S Time depoetts.................... . Deposits of U.S. Government ..... . DeJ!"!'i!e of States and political sub-
divl8tona ...................... . Deposits of banks . . . . . . . . . . . . . . . . . Other depoeite (certified and officers'
checks, etc.) ................... . Bille payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:r.:I:!.::::::: ::::: :: :: :: ::: :: ::
Undivided profits................. . Reserves ........................ .

813,420.60 470,518.21
12,444.66 88,415.52 15,000.00
1,084.00 None
None 26,144.41 100,000.00 20,000.00 24,787.92
281.25

Total Liabilities...............$ 1,572,096.57

STATEMENT Showing condition at the close of business December 31, 1960, 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

Caah, balances with other banks, in-

cludinf! reserve balanet'l, and cash

items m proceas of collection...... S 1,217,956.88

United States Government obliga-

tions, direct and guaranteed ..... . 2,100,571.88

Obliga~io!'l' of States and political

SUbdiV1810nB .....

764,897.20

Other bonds, notes, and debentures..

149,750.00

Corporate stocks (including stock of

Federal Reserve Btmk) .......... .

None

Loans and discounts (including over-

drafts) ........................ . 2,041,161.65

Bank premiaee owued, furniture and

fixtures........................ .

50,000.00

Real estate owued other than bank

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

22,500.00

Investments and other asaeta indi-

rectly representing bank premises

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

None

Customers' liability to this bank on

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

None

- - - - - Other Aseete..................... .

148.03

Total Aseets ................. S 6 ,346, 985. 64

LIABILITIES Demand deposita................. S Time depoette.................... . Deposits of U. S. Government . . . . . . De~i!s of States and political sub-
diviatons ...................... . DejiOIIits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ............................ . Other liabilities .................. .
~:;I:!.:::::::::: :::: :: ::::: :: ::
Undivided profits................. . Reserves ........................ .

3,420,167.96 1,233,183.25
536,968.52 492,490.98
None 20,214.48
None
None 4,088.00 200,000.00 300,000.00 25,000.00 114,872.45

Total Liabilities.............. S 6,346,985.64

FORTY-FIRST ANNUAL REPORT

131

STATEMENT Showing condition at the close of business December 31, 1960, of

THE CENTRAL BANK Swainsboro, Ga.

As called for by the Superintendent of Banks

E. H. YOUNGBLOOD, President.
Date of Charter: 10-27-1920

RAYMOND RINER, Cashier.
Began Business: 11-9-1920

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... S United States Uovernment obligations, direct and guaranteed. . . . . . Obliga~io_n~ of States and political subdtVISJons. . . . . . . . . . . . . . . . . . . .
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 premisea or other real estate. . . . . . . . . . . . . .
Customers' liability to tl>is bank on acceptances outstanding.. . . . . . . . .
Other Assets. . . . . . . . . . . . . . . . . . . . . .

630, 378.84 834,966. 72
None 42,664.28
None 1,407,527.43
77,507.21 None
None None None

Total Assets..................$ 2,993,044.48

LIABILITIES ~_emand deposits .................. S 1: 1me depos1 ts .................... .
Deposits of U.S. Government ..... . Depi>Sits 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 outstand
ing ........................... . Otlwr liabilities .................. . Capital. ......................... . Surplus ......................... . Un<li vided profits ................. . Res.:rves ........................ .

1,268,957.65 1,016,549.58
42,850.70
250,969.45 103,181.86
15,139.74 None
None 25,000.00 100,000.00 160,000.00 10,395.50
None

Total Liabilities...............$ 2,993,044.48

STATEMENT

Showing condition at the close of business December 31, 1960, 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 cash

items in process of collection...... S 1,144,008.49

United States Uovernment obliga-

tions, direct and guaranteed ..... . 1,329,682.75

Obliga~io_n~ of States and political

SUbdlVlSlODS .........

180,684.43

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Ueserve Bank) .......... .

None

Loans and discounts (including over

drafts) ........................ . 1,828,535.82

Bank premises owned, furniture and

fixtures........................ .

107,679.11

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

None

Total Assets .................. $ 4,590,590.60

LIABILITIES
Demand deposits................. S Time deposits.................... .
Deposits of U.S. Government..... . Deposits of States and political sub-
divisions ...................... . Dcposits of banks ................. Other deposits (certified and officers'
checks, etc.) ................... . Bill~ pa)able ..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surt>lus . . . . . . . . . . . . . . . . . . . . . . . . . . Un<liviclcd profits................. . Reserves ........................ .

1,803,437.48 1,643,252.65
189,209.71
449,858.91 145,988.45
10,960.32 None
None 21,264.08 125,000.00 200,000.00
1,619.00 None

Total Liabilities.............. S 4, 590, 590. 60

132

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, 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

B. E. BLACKBURN, 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 Uovernment obligations, direct and guaranteed. . . . . . Obliga~io.n~ of States and political BUbdtVISIOnS. . . . . . . . . . . . . . . . . . . . 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 aP.ceptances outstanding... . . . . . . .
Other Assets. . . . . . . . . . . . . . . . . . . . . .

522,697.23 605, 678. 33 725,348. 52
None None 2,288,133.50 15,000.00 None
None None None

Total Assets.................. $ 4,156,857.58

LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U. S. Government . . . . . . Del!o~i!s of States and political sub-
dlVlSJons ................
Deposits of banks ................ . OthPr deposits (certified and officers'
checks, etc.) ................... . Rills payable..................... . Acceptances executed by or for ac
count of this bank and outstand ing ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1 '772,642. 71 1 ,387,609.14
24,210.61
538,071.75 None
10,508.44 None
None None 100,000.00 150,000.00 173,814.93 None

Total Liabilities...............$ 4,156,857.58

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS AND MERCHANTS BANK Sylvania, Ga.

As called for by the Superintendent of Banks

W. B. LOVETT, President.
Date of Charter: 2-18-1946

B. GENE TRAPNELL, Cashier.
Began Business: 3-1-1946

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $
United States Government obligations, direct and guaranteed. . . . . .
Obliga~io.~ of States and political SUbdlVISlOnS....................
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. . . . . . . . . . . . . . . . . . . . . .

402,430. 83 352,500.00 104,209.36 200,031.25
None 1, 123,411 . 13
10,600.00 None
15,600.00 None None

Total Assets ..................$ 2,208,782.57

LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government ..... .
D';R~!:~n~f ~~~~s. ~~.d ~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 ........................ .

1,144,878.55 603,838.80 14,299.46
278,733.06 None
7,164.29 None
None None 65,000.00 60,000.00 34,868.41 None

Total Liabilities...............$ 2,208, 782.57

- - - - - - - - FORTY-FIRST ANNUAL REPORT

133

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF WORTH COUNTY Sylvester, Ga.

As called for by the Superintendent of Banks

W. J. CROWE, President.
Date of Charter: 4-28-1945

J. N. BOGGS, JR., Cashier.
Began Business: 11-1-1945

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 ..... .
o~~f,d\~~~0:Sf -~t~~~~. ~~~- .p~~i~~.a.J
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Dank) .......... . 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..................... .

373,025.49 627,484.28 116,300.29 175,312.51
None 1,078,619.94
15,859.07 9,600.00
None None 3,487.21

Total Assets . . . . . . . . . . . . . . . . . . S 2,399,688. 79

LIABILITIES
Demand deposits............... S Time deposals.................... . Deposits of U. S. Government ..... . DeJ!O~i!s of States and political sub-
divtslons ...................... . Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:r~r~.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

1,087,356.84 833,520.40 103,855.93
127,038.72 8,723.43
23,533.72 None
None 12,225.25 50,000.00 100,000.00 40,600.00 12,834.50

Total Liabilities.............. S 2,399,688.79

STATEMENT

Showing condition at the close of business December 31, 1960, 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 ...... S 721,058.79

United States Government obliga-

tions, direct and guaranteed. . . . . . 1,768,245.00

Obliga~io~~ of States and political

SUbdiVISIOnS....................

19,000.00

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank)...........

None

Loans and discounts (including over-

drafts)......................... 1,654,674.92

Bank premises owned, furniture and

fixtures.........................

61,575.00

Real estate owned other than bank

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

None

Investments and other BSSets indi-

~~~ke~r::r::!.~:. ~~ru.'..p.r~~i-~

None

Customers' liability to this bank on

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

~~~=

- - - - - - Other Assets..................... .

Total Assets ..... : ............ S 4 , 224 , 553 . 71

LIABILITIES Demand deposits................. S Time deposits.................... . Deposits of U.S. Government ..... .
Ddi~t~n~f. ~~~~s. ~~- ~-l~t!~J. ~~~
Deposits of 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 ........................ .

1,801,930. 73 1,698, 757.21
40,545.63 215,192.75
14,505.71 53,724.88
None
None 79,896.80 100,000.00 100,000.00 120,000.00
None

Total Liabilities.............. S 4,224,553.71

134

DEPARTMENT OF BANKING

STATEMENT
Showing condition at the close of business December 31, 1960, 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

MARY SLADE Cashier.
Began Business: 1-13-1891

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection ...... $ 265,868.69

United States Government obliga-

tions, direct and guaranteed ..... .

655,858.75

0~~td\~i~Ton0.:. -~~~~~. ~~..~~~i~~~.1

None

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of Federal Reserve Bank) .......... .

None

Loans and discounts (including overdrafts) ........... : ............ .

145,136.01

Bank premises owned, furniture and fixtures ........................ .

2.00

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

1.00

Investments and other assets indi-

~~!~be~e~:;r:~:~~:. ~~..~r~~i.~

None

Customers' liability to this bank on

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

None

- - - - - - Other Assets..................... .

None

Total Assets .................. S I ,066 ,866 .45

LIABILITIES Demand deposita.................. S Time depos1ts.................... . Deposits of U.S. Government ..... .
D';R~~!~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 ........................ .

561,676.46 23,341.96
None 368,163.81
None 25.00 None
None None 25,000.00 25,000.00 63,659.22 None

Total Liabilities............. S 1,066,866.45

STATEMENT Showing condition at the close of business December 31, 1960, of

WEST GEORGIA BANK OF TALLAPOOSA, GEORGIA Tallapoosa, Ga.

As ealled for by the Superintendent of Banks

W. I. LANIER, President.
Date of Charter: 12-6-1948

SAM CHEATWOOD,
Cashier. Began Business: 7-6-1949

ASSETS Cash, balances with other banks, in-
cludinJ reserve balances, and cash items n process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~o~ of States and political aulldiVJa1ona ................... . Other bonds, notes, and debentures.. Co~te 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.....................

322:625.31 453,324.43 49,837.37 264,103.08
None 589,366.40
2,903.92 None
None None None

Total Assets .................. $ 1,682,160.51

LIABILITIES Demand deJ>OBita.................. $ Time depos1ta.................... . Deposita of U.S. Government..... . DeJ!O?i!& of States and political sub-
diviaaona ................. De_posita of banks ................ . Other deposita (certified and officers'
cheeks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. .
~:::r::::::::::::::::::::::::: ::
Undivided profits................. . Reserves ........................ .

775,700.58 712,671.01
11,637.42 42,900.00
None 3,109.13
None
None 5,000.00 50,000.00 50,000.00 10,142.37 21,000.00

Total Liabilities............... s 1,682,160.51

FORTY-FIRST ANNUAL REPORT

135

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF TAYLORSVILLE Taylorsville, Ga.

As ealled for by the Superintendent of Banks

E. 0. DAVIS, President.
Date of Charter: 6-6-1905

W. M. DORSEY, Cashier.
Began Business: 6-13-1905

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political
SUbdtVlSlODB .. , ..
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..................... .
Total Assets...............- .. S

258,112.43 344,803.89
None 124,937.50
None 252,472.20
501.00 None
~one
None None !180 827 .02

LIABILITIES Demand deposits..................$ Time deposts.................... . Deposits of U. S. Government . . . . . .
D'JlZT!l~n~f S~at~s. ~~~- ~o.l~t~~~~- ~~~
Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities . . ................ . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

449,899.99 248,163.51
2,077.02
100,929.49 None
5,130.27 None
None None 25,000.00 100,000.00 49,626.74 None

Total Liabilities.............. S 980,827.02

STATEMENT Showing condition at the close of business December 31, 1960, 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-
cludinj! reserve balances, and cash items 1n proceas of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~io;D~ of States and political subdtvl8tons ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Aasets..................... .
Total Aasets.................. S

63,286.96 240,776.56
Nom None
8\1,564.35 1,326.85
Non<' !123.40 395,878.12

LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U. S. Government ..... .
D'JlZT!1~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 ........................ .

297,013.42 Nont' None
30,016.61 None
None None
Nonl' 27!1.79 25,000.00 25,000.00 18,568.30
None

Total Liabilities.............. S 39.5,878.12

_13_6_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _D~E_P_A_R~T~M~E_N~T~O~F-=B~A~N~KI~N~G~-----------------

STATEMENT Showing condition at the close of business December 31, 1960, of

TENNILLE BANKING COMPANY 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-
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 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 aceeptances outstanding. . . . . . . . . . Other Aasets......................

277,923.31 427 ,500 .00
99,317.21 None None
1,029,721.09 22,037.75 None
None None 10,725.00

LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... .
D";R~T!~~~ ~~~tea. a~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........................ .

665,129.31 589,416.42
1,000.00 264,930.11
None 113.06
None
None None 50,000.00 200,000.00 84,849.28 11,786.18

Total Aasets .................. S 1,867,224. 36

Total Liabilities...............S 1,867,224.36

STATEMENT

Showing condition at the close of business December 31, 1960, 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 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 aceeptances outstanding.......... Other Assets......................

588,702.13 1,195,034.95
119,407.83 None None
1,347,622.30 31,478.19 None
8, 720.09 None
1,808. 78

Total Assets .................. S 3, 292,774.27

Demand

deposits

.

.

LIABIL ........

I.T. .I.E.S. . . s

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

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

D";Rri!l~n~~ ~~~~es. ~~d..~o.l~t.i~~l. ~~~

Deposits of banks ................ .

Other deposits (certified and officers checks, etc.) ................... .

Bills payable..................... . Acceptances exeouted by or for ac
count of this bank and outstand

ing ........................... . Other liabilities .................. . Capital. ......................... .

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

Undivided profits................. . Reserves ........................ .

1,245,793.79 1,093,380.51
22,309.51 352,107.60 150,188.28
3,886.39 None
None 54,355.21 150,000.00 150,000.00 70,752.98
None

Total Liabilities .............. S 3, 292, 774. 27

FORTY-FIRST ANNUAL REPORT

137

STATEMENT Showing condition at the close of business December 31, 1960, of

CITIZENS & SOUTHERN BANK OF THOMASTON, GEORGIA Thomaston, Ga.

As called for by the Superintendent of Banks

C. B. JENKINS, JR., President.
Date of Charter: 1-18-1926

JACK B. HUTCHINSON, Cashier.
Began Business: 2-28-1930

ASSETS Cash, balances with other banks, in-
cludinj! reserve balances, and cash itemsm process of collection......$ United States Government obligatioruo, direct and guaranteed.. . . . . Obligat.i~ of States and political
BUbdiVISIOnS . , . ,
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
premise-s..... . . . . . . . . . . . . . . . . . . . Investments and other assets indi-
rectly representing hank premises or other real estate . . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets......................

1,444,393.81 2,316,594.06
955 ,097 .64 30,000.00 5,000.00
4,540,295.57 177,948. 97
~one
4 , 249 .32 None
28,435.35

Total Assets .................. $ 9,502,014. 72

LIABILITIES Demand deposita..................S Time depoa1ta.................... . Deposita of U.S. Government ..... . DeJ!OI!i~a of States and political sub-
divistona ...................... . Deposita of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital.......................... . Surplus......................... . Undivided profits................. . Reserves........................ .

4,748,001.46 3,334,227.23
152,126.09 310,206.75
None 725.20
None
None 207,498.37 400,000.00 200,000.00 149,229.62
None

Total Liabilities...............S 9,502,014.72

STATEMENT Showing condition at the close of business December 31, 1960, 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-
cludin!! reserve balances, and cash items m process of collection...... $ United States Government obligations, direct and guaranteed ..... .
Ob~~rJ/ri':Jo:i..~~~. ~~~- .~~i~~~-1
Other bonds, notes, and debenture&.. 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 Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
premises....................... . Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

862,476.94 3,165,093.47
675,019.25 None None
2,725,012.17 59,659.20 56,042.06
None None 72,437.95

Total Assets.................. $ 7 ,615, 741.04

LIABILITIES Demand deposita................ , .J Time deposita.................... . Deposita of U.S. Government ..... .
D~!~:n~~ ~~~ ~~~ ~l~t.i~l. ~~~
Dejloaits of banks ................ . Other deposita (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........................ .

3,459,715.35 I ,967,251.48
480,620.69 993,503.28
51,236.43 49,692.19
None
None 147,590.06 150,000.00 275,000.00 41 '131.56
None

Total Liabilities.............. S 7,61S,74l.04

138

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

COMMERCIAL BANK Thomasville, Ga.

As called for by the Superintendent of Banks

L. D. FERGUSON,

A. F. KIMBROUGH,

President.

Cashier.

Date of Charter: 7-3-1916

Began Business: 7-22-1916

==============;==========-=-----

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... .
o~::t:.ti:01~:. -~~~~~. ~~- -~~-i~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 indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

1,767,366.64 3,479,237.15
584,549.61 None None
3,874,520.11 74,676.41 4,800.00
None None 11,456.44

LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . DeJ!O'!Ii~s of States and political sub-
divistona ...................... . Deposits of banks ................ . Other deposits (certified and officers
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand-
O tihnegr.l.iabilities. . . . . . . . . . . . . . . . . . . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ .

4,335,873.92 3,020,974.66
396,773.62 1,262,905.55
55,284.73 107,411.41
None
None None 200,000.00 250,000.00 49,376.90 118,005.57

Total Assets .................. $ 9 ,796, 606 .36

Total Liabilities.............. -$ 9,796,606.36

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF THOMSON Thomson, Ga.

As called for by the Superintendent of Banks

W. E. HUNT, President. Date of Charter: 7-30-1891

W. F. BECKUM, JR., Cashier.
Began Business: 1891

ASSETS Cash, balances witb 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
8Ubd1Vl810DS ... , ............
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 acceptanr.es outstanding......... . Other Assets..................... .

904,250.80 974,775.01 289,860.16
25,010.34 None
1,204,119.30 6,001.00 None
None None None

Total Assets .................. $ 3,404,016.61

Demand

deposits

LIABILITIES ..................

s

Time depos1ts.................... .

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

1,694,032.12 1,034,088. 99
67,118.03 278,795.67
None 26,903.43
None
None 6,000.00 50,000.00 100,000.00 140,370.98 6,707.39

Total Liabilities.............. $ 3,404,016.61

_ _ _ _ _ _ _F_O_R_TY_-F_I_R_S_T_A_N_N_U_A_L_R_E_P_O_R_T_ _ _ ._ _ _ _ _ 139

STATEMENT Showing condition at the close of business December 31, 1960, 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.
Benn Business: 1896

ASSETS Cash, balances with other banks, in-
cluding reserve balanc~s. and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io!'~ of States and political
SubdJVISJODS ..... ,
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..................... .

1,078,188.43 2,970,788.83
537,740.59 20,195.98 None
4,870,578.15 131,831.41 None
None None 29,566.94

Total Assets.................. $ 9,638,890.33

LIABILITIES Demand deposits..................$ Time depoa1ts.................... . Deposits of U. S. Government ..... .
D':livT!l~n~f s~~~':". ~~~. ~I~t~~~l. ~~~
Depoaits of 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 ........................ .

3,845,268.19 2 '986' 536.42
91,156.33
1,061,860.45 511,243.68
36,762.91 None
None 241,353.95 300,000.00 400,000.00
72,124.94 92,583.46

Total Liabilities.............. $ 9,638,890.33

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE CITIZENS BANK OF TIFTON Tifton, Ga.

As called for by the Superintendent of Banks

H. P. SANDERS, President.
Date of Charter: 2-24-1948

J. GRADY COLEMAN, Cashier.
Began Business: 4-15-1948

ASSETS Cash, balances with other banks, in-
cluding reserve balan~es. 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 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-
rectlv representing bank premises or other real estate. . . . . . . . . . . . . Customers' liability to this bank on ar.ceptanr.es outstanding.. . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .

710,814.62 634,017.12 215,977.18 199,625.00
None 1,107,016.69
36,500.00 None
None None 229. 63

Total Assets .................. $ 2 ,904 , 180 . 24

LIABILITIES Demand deposits................. S Time depoa1ts.................... . Deposits'of U.S. Government ..... .
D':!ivT!!~.:f. ~~~t~s. ~~~. ~.o..~t.ic~l. ~~~
Deposits of banks ................ . Other depoaits (certified and officers
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ao~
count of this bank and outstand ing ........................... .
Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

1 '162,446.07 1,004,976.28
79,856.82
393,685.12 None
24,395.88 None
None None 100,000.00 50,000.00 51,320.07 37,500.00

s Total Liabilities.......... 2,904,180.24

140

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, 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...... S United States Government obligations, direct and guaranteed. . . . . . Obligat_io.n~ of States and political
SUbdtVlSlOnS....................
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 aBBets indi-
rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . .

818,974.25 1, 454, 160.29
487,083.62 750,287.50
None 1,613,539.28
14,123.30 94,172.05
None None None

Total Aasets .................. S 5,232,340.29

s LIABILITIES
Demand deposits.................. Time depostts.................... . Deposits of U. S. Government ..... . De~i!s of States and political sub-
divisions ...................... . Deposits of hanks ................ . 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 ........................ .

1,866,236.65 1,487. 702.25
124.833.39 951,771.87
10,070.09 52,803.06
None
None 173,357.65 160,000.00 305,000.00 100,565.33
None

Total Liabilities.............. S 5,232,340.29

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE BANK OF TIGNALL Tignall, Ga.

As called for by the Superintendent of Banks

L. D. WARE.
President. Date of Charter: 7-5-1909

L. D. WARE, Cashier.
Began Business: 8-1909

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in proceSB of collection ...... S United States Government obligations, direct and guaranteed ..... . Ohliga~io.n~ of States and political
8UbdlV1810D8 , ...
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 ABBets..................... .

128,866.18 397,462.50
None None None 27,095.00 1.00 None
None None None

Total Assets .................. -,--5-5-3-,4-24-.-6-8

LIABILITIES
Demand deposits ................. -S Time depostts.................... . Deposits of U.S. Government ..... .
D':JivT!l~n~f- ~~~~~s- ~~~- ~-~l~t-i~l- ~~~
Deposits of banks ................ . Other deposits (certified and offic.-rs
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand ing ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ......................... .

409,546.72 None
550.00
82,777.96 None
None None
None 3,700.00 25,000.00 15,000.00 16,850.00
None

Total Liabilities.............. S 553,424.68

FORTY-FIRST ANNUAL REPORT

141

STATEMENT
Showing condition at the close of business December 31, 1960, 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-
cludinf! reserve balances, and cash items m process of collection......$ United States Government obligations, direct and guaranteed...... Obliga~i~~ 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 BSSets indi rectly representing bank premise or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets......................

1, 716,918.13 940,601.25 81,774.39 139,987.63 None
2, 565,392. 68 74,009.33 None
None None 1,584.00

Total Assets ..................$ 5, 520,267 .41

LIABILITIES Demand deposits ..................;$ Time deposits.................... . Deposits of U.S. Government ..... .
D':ll~!l~n~f. ~~~- ~~~- ~-~t~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ...,.
count of this bank and outstand ing ........................... . Other liabilities .................. .
~::;;f~!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

1,988,447.68 1,661,321.51
109,883.39 936,322.46 430,229.07
15,405.30 None
None 76,339.76 100,000.00 150,000.00 52,318.24
None

Total Liabilities.............. $ 5,520,267.41

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE CITIZENS BANK OF TOCCOA Toccoa, Ga.

As called for by the Superintendent of Banks

WALLACE B. BRUCE, President.
Date of Charter: 5-25-1950

WILLARD KIMSEY, Cashier.
Began Business: 3-16-1951

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

1,326,232.25 1,605,352.10
281,815.39 150,000.00
None 1, 765,455.39
17,119.49 Nont'
None None

Total Assets .................. S 5,145,974.62

LIABILITIES Demand deposits................. S Time deposits.................... . Deposits of U.S. Government ..... .
D':ll~i!l~n~f. ~~~~~s. ~~- ~-ol~t.i~~l. ~~~
Deposits of banks ................ . Other deposits (certified and officers
checks, eto.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstand ing ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................

2,679,970.85 1,023 ,201. 50
125,863.25 946,692.89
None 27,031.97
None
None None 125,000.00 125,000.00 38,214.16 55,000.00

Total Liabilities.............. S 5,145, 974.62

142

DEPARTMENT OF BANKING

STATEMENT Showing condition at the dose of business December 31, 1960, 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.
B_!gan Business: 1-12-1956

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
BUbdiVISlODB
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..................... .
Total Assets .................. $

146,127.01 460,275.34
None 1,000.00
None 609,019.45
7,417.22 None
None None None 1 , 223,839.02

LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... .
D':f;Z~!!~n~f. ~~~~':". ~~~. ~.o.l~~~~~- ~~~
DeJX18its of 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 ........................ .

441,823.85 447,391.55
26,901.87
193,573.70 None
9,248.64 None
None 19,821.11 50.000.00 30,000.00 5.078.30
None

Total Liabilities...............$ 1,223,839.02

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF TUCKER Tucker, Ga.

As called for by the Superintendent of Banks

REID H. COFER, President.
Date of Charter: 10-29-1919

THELMA J. PAYTON, Cashier.
B-e-ga-n-B-us-in-e-ss:-1-2--19-1-9-

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of r.ollection ...... $ United States Government obligations, direct and guaranteed. . . . . . Obliga~i~n~ of States and political subdiVISIOns. . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures. . Corporate sto<ks (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.. . . . . . . . . . . . . . . . . . . . .

500,622.15 1 ,057,700.64
None None None 705,320.34 14,630.10 None
None None 9 ,307 .06

LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government ..... .
D':fiZi!!~~f. ~~~~':". ~~~. ~.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........................ .

1,154,723.89 620,100.41 120,556.77
57,200.00 None
10,293.32 None
Non' 9,245.02 100,000.00 125,000.00 3,000.00 87,460.88

Total Assets .................. $ 2, 287,580. 29

Total Liabilities...............$ 2, 287,580. 29

FORTY-FIRST ANNUAL REPORT

143

STATEMENT Showing condition at tne ctose of business December 31, 1960, 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: '1-5-1935

ASSETS Cash, balances with other banks, in-
cludin!! reserve balances, and cash items 1n process of collection...... I United States Government obligations, direct and guaranteed ..... . Obligat.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..................... .
Total Assets .................. I

253,292.59 631,656.31
10,312.60 50,093.75
None 549,843.34
17,938.36 None
None None None 1 ,513, 136. 95

LIABILITIES Demand deposits..................1 Time deposits.................... . Deposits of U.S. Government ..... . DeJ?~its of States and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
Capital.. ................... Surplus ......................... . Undivided profits................. . Reserves ........................ .

744,447.12 442,477.49
16,946.66 122,057.42 24,384.66
1,469.17 None
None 3,000.00 25,000.00 50,000.00 58,354.43 25,000.00

Total Liabilities.............. I 1,513,136.95

STATEMENT

Showing condition at the close of business December 31, 1960, 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-
cludiDj! reserve balances, and cash items 1n process of collection...... I United States Government obligations, direct and guaranteed ..... . Obliga~io~ 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-
~~!~1.e~ef::f!~:!.'t:. ~~~- .~r~~~~~
Customers' liability to this bank on acceptances outstanding......... .
Other Assets..................... .
Total Assets.................. I

539,767.45 218,531.25
None 100,000.00
None 488,732.99
6,775.00 None
None None 420.00 1 ,354 ,226. 69

LIABILITIES Demand deposits..................1 Time deposits.................... . Deposits of U.S. Government ..... .
D~!1~n~f. ~~~O:S. ~~~- ~-~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........................ .

800,1109. 19 199,774.83
8,682.65 169,348.66
None 20,258.47
None
None None 50,000.00 50,000.00 50,000.00 5,352.89

Total Liabilities...............1 1,354,226.69

144

DEPARTMENT OF BANKING

STATEMENT Showing condition at the close of business December 31, 1960, of

BANK OF UNION POINT Union Point, Ga.

As cnt:cd 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, balancPs with other banks, in-
cluding reserve balances, and cash items in process of collection ...... I United States Government obligations, direct and guaranteed ..... . Obligat.io,11~ of Statea and political subdvsons ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank pren1ises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Inveatments and other aSBets indirectly representing bank premisea or other real estate............. . Customers' liability to this bank on acceptancea outstanding......... . Other ASBets ..................... .

372,947.72 280,275.00 155,914.37 180,100.00
None 517,712.20
10,020.72 1.00
None None None

Total ASBets .................. 1 1,516,971.01

LIABILITIES Demand deposita ..................1 Time depos1ts.................... . Deposits of U. S. Government ..... .
D':Jfv~!l~n~f. ~~~tPos. ~~~. ~.l~t.i~~~. ~~~
Deposits of bank ................ . Other deposita (certified and officers'
checks, etc.) ................... . Bills payable..................... . AcceptanePa exer.uted by or for ac-
count of this bank and outstanding ........................... .
::: :: :::::: :: :::: :::::::: Other liabilitiPs.................. .
~:;:~!.
Undivided profits................,.. Reserves ........................ .

568,412.94 599,817.85
54,040.57 123,153.22
None 2,167.25
None
None None 50,000.00 75,000.00 44,379.18 None

Total Liabilities.............. I 1,516,971.01

STATEMENT

Showing condition at the close of business December 31, 1960, 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 reaerve balancea, and cash items in proceSB of collection...... I United States Government obligations, direct and guaranteed ...... Obliga~io,11~ of States and political
8Ubd.IVI810DS , . , , , ,
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premiaea owned, furniture and
fixtures........................ . Real estate owned other than bank
premiaea....................... . Investments and other assets indi-
:"!~1.e~er=::::. ~. ~r~~~~
Customers' liability to this bank on acceptances outstanding.........
Other Assets....................

225,579.44 792,459.13
45,228.96 335,038.55
None 1.125,815.30
56,056.71 None
None None 1,266.14

Total Assets .................. 1 2,581,444.23

LIABILITIES Demand deposits ..................1 Time depos1ta.................... . Deposita of U.S. Government..... .
D~!l~n~f. ~~~~. ~~. ~-J~t~~ ~~~
Dej)OBits of banks . . . . . . . . . . . . . . . . . Other deposita (certified and officers'
cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. .
~:;f:!.::::: :: :: ::: :: :: ::::: :: ::
Undivided profits................. . Reservea .....................

528,225.82 1,580,084.22
46,649.41 213,277.19
None 20,377.12
None
None None 50,000.00 130,000.00 12,830.47 None

Total Liabilities.............. $ 2,581,444.23

FORTY-FIRST ANNUAL RFPORT

145

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

STATEMENT

Showing condition at the close of business December 31, 1960, of

FIRST STATE BANK Valdosta, Ga.

As called for by the Superintendent of Banks

REA STEELE, President.
Date of Charter: 1-22-1906

MELVIN PLAIR, Cashier.
Began Business: 3-1906

ASSETS Caah, balances with other banks, in-
cludinl' reserve balances, and caah iteme1n proceBB of collection...... 1 United States Government obligations, direct and guaranteed ..... .
0~~'rJl:l!'lonO:. -~~~~ .~~~- .~~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 aBBeta indi-
rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaete..................... .

1.129,054.28 606,497.42 237,886.60 159,981.25 None
1,590,315.50 70,392.32 2,000.00
None None None

Total Assets .................. 1 3, 796, 127. 37

LIABILITIES Demand deposita.................. $ Time depos1ta.................... . Deposita of U. S. Government . . . . . .
D~~:,:~ ~~~- ~~- ~~~~- ~~
Deposita of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Bille payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ........................ Surplus ......................... . Undivided profits................. . Reserves........................ .

2,012,524.17 1,001 ,838. 71
49,674.51 338,190.64
42,027.94 19,518.79
None
None 12,000.00 150,000.00 125,000.00 19,449.47 25,903.14

Total Liabilities...............$ 3, 796,127.37

STATEMENT

Showing condition at the close of business December 31, 1960, of

DARBY BANKING COMPANY Vidalia, Ga.

As called for by the Superintendent of Banks

J. F. DARBY, JR., President.
Date of Charter: 6-22-1934

D. L. GORDON, JR. Cashier.
Began Business: 7-1-1934

ASSETS Cash, balances with other banks, in-
clu~ reserve balances, and cash items m proceBB of collection...... $ United States Government obligations, direct and guaranteed ..... . OblipJ:i~~ of States and political au'blliV18Jona . .................. . Other bonds, now, 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 aaaeta indi-
:"~~\e~e:,er.,::~~. ~~- ~r~~~
Customers' liability to this bank on acceptances outstanding......... .
Other Aaaete..................... .

953,262.45 305,546.88 254,580.87 834,750.00
None 728,048.57
10,657.19 None
None None None

Total Aaaeta .................. $ 3,086,845.96

LIABILITIES Demand deposita.................. $ Time deposito.................... . Deposita of U. S. Government ....
DeEv1!!~n~f. ~~~- ~~ ~-~~~ ~~
DejiOIIite of banko ................ . Other deposita (certified and officers'
checks, etc.) ................... . Bille payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.......................... . Surplus ......................... . Undivided profits................. . Reserves ........................

1,444,973.91 374,180.69 96,725.41 655,318.10 269,478.75 11,078.84 None
None 25,587.70 100,000.00 50,000.00 59,502.56
None

Total Liabilities...............s 3,086,845.96

.::.14::..:6:___ _ _ _ _ _ __:D=-E==-PA=RTMENT OF BANKI_N'-'G'-----------

STATEMENT

Showing condition at the close of business December 31, 1960, of

VIDALIA BANKING COMPANY Vidalia, Ga.

As called for by the Superintendent of Banks

C. M. JORDAN, President.
Date of Charter: 10-22-1938

P. W. TIPPETT, Cashier.
Benn Business: 10-28-1938

ASSETS

Caah, balances with other banks, in-

cludinJ reserve balances, and caah

items m proeeaa of collection...... $ 1,075,409.91

United States Government obli&a-

tiona, direct and guaranteed ..... .

546,984.38

Obliga~~~ of States and political

aubdivu1ona ................... .

514,548.55

Other bonds, notes, and debentures..

124,862.04

Co.!J10rate atocka (including etock of

Federal Reserve Bank) ..........

None

Loans and discounts (including over-

drafts) ........................ . 1,683,708.19

Bank premises owned, furniture and

fiztures ........................ .

109,289.03

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 Aaaeta...................

262.08

Total Aaaeta ..................$ 4,055,064.18

LIABILITIES Demand deposita................. S Time depoa1ta.................... . Deposita of U. S. Government ..... . DeJ!OI!i~ of States and political aub-
divilllona ...................... .
g:=a:::..t:r~iifi"ed ai.d ;,m.;,.;.;;. checks, ete.) ................... . Bllla payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... Other liabilities.................
~::.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

2,627,245.38 628,993.30 85,370.26 318,307.11 37,245.59 9,274.19 None
None 35,023.84 100,000.00 200,000.00 "13.604.51
None

Total Liabilities.............. S 4,055,064.18

STATEMENT

Showing condition at the close of business December 31, 1960, of

CITIZENS BANK Vienna, Ga.

As called for by the Superintendent of Banks

W. G. WILLIAMSON, President.
Date of Charter: 6-24-1931

W. G. WILLIAMSON, Cashier.
Began Business: 7-1-1931

ASSETS

Caah, balances with other banks, in-

cl~ reserve balances, and eaah items m proeeaa of collection...... S 394,998.82

United States Government oblip-
Obt':.."~;ec:fUSi.~~~P>iiiie&i aulMiiV18JOD8 . ................... . Other bonds, notes, and debentures..

412,489.04 53,000.00
299,750.00

Corporate atocka (including stock of Federal Reserve Bank) ..........

None

Loans and discounts (including overdrafts) ........................ .

630,756.32

Bank premises owned, furniture and fiztures........................ .

24,984.18

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

None

Investments and other aaaeta indi-

~;'~~. ~-.~~~

None

Customers' liability to this bank on

None

Oth&ccel!~ces outstanding.... . . . . . .

None

er .._.,ta..................... - - - - - -

Total Aaaeta .................. S 1,815,978.36

LIABILITmS Demand deposita.............. Time deposita.................... . Deposita of U.S. Government..... Depoaita of States and political aub-
divilllona ...................... .
~l:~~u.d-.;,.;.;;. checks, ete.) ............... Bllla payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. .
~::!::::::: :::::::::::::::::::
Undivided profits................. . Reserves ........................ .

968.519.56 252,685.19
26,553.28 328,922.91
None 4,254.46
None
None None 50,000.00 100,000.00 85,042.96 None

Total Liabilities.............s 1,815,978.36

FORTY-FIRST ANNUAL RFPORT

147

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF VILLA RICA Villa Rica, Ga.

As called for by the Superintendent of Banks

J. G. KNIGHT, JR. President.
Date of Charter: 5-4-1899

R. R. RICHARDSON, Cashier.
Began Business: 5-1899

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States liovernment obligations, direct and guaranteed. . . . . .
Obligations of !:itatcs and political subdivisions....................
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Jo'ederallteserve 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 acccptanr.cs outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . .

429,859.33 1,165,932.81
72,789.53 None None
599 ,105. 40 25,000.00 None
None None 709 . 55

Total Assets.................. $ 2, 293, 396. 62

LIABILITIES $ Demand deposits................. . Time deposits.. . . . . . . . . ......... . Deposits ( f l ~. S. Government . . . . . . Deposits of !:itates and political sub-
divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Accr.ptnnccs executed by or for ac-
count of this bank and outstanding ........................... . Other liabilitics .................. . Capital. ......................... . Surplus ......................... . l'ndivic.led profits................. . ltcservcs ........................ .

1,559,033.40 157,621.67 59,663.90
210,050.96 9,839.61
4,071.07 None
None 15,204.00 50,000.00 100,000.00 77,912.01 50,000.00

Total Liabilities.............. $ 2, 293,396. 62

STATEMENT

Showing condition at the close of business December 31, 1960, 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, including reserve bs.lanccs, and cash items in process of collection...... S
United States Government obligations, direct and guaranteed ..... .
Obligations of !:itates and political subdivisions ................... .
Other bonds, notes, and debentures.. Corporate storks (inclu:ling stock of
Federal Urserve Bank) .......... . Loans and discounts (including over
drafts) ................ Bank prcmis<'B owned, furniture and
fixtures........................ . Real estate owned other than bank
premises.................... Investments and other assets indi-
rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acccptnnces outstanding......... . Other Assets..................... .

217,971.14 554,619.58 154,093.18 201,017.58
None 608,669.72
1.00 None
None None 4,031.90

TotaiAssets.................. $ 1,740,404.10

LIABILITIES D_emanc.l deposits ..................$ T1me dcpos1ts .................... . Deposits of U. S. Government . . . . . .
DeJ!Jl!i!s of i:;tates and political sub-
diVISions .....................
Deposits of banks ................ . Other deposits (certified and officers'
eherks, etc.) ................... . Bills payable: .................... . Acr.eptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Un<livioled profits................. . R<'scrves ........................ .

717,510.83 617,921.18
47,965.23
174,565.61 None
30,171.22 None
None 21,007.54 50,000.00 30,000.00 51,262.49
None

Total Liabilities.............. $ 1,740,404.10

148

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE BANK OF WARNER ROBIN~:; Warner Robins, Ga.

As called for by the Superintendent of Banks

CHARLES L. WILLIAMS, SR., President.
Date of Charter: 4-25-1956

H. LEE MILLER, Cashier.
Began Business: 1-4-1957

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 subt.hvJstons. . . . . . . . . . . . . . . . . . . .
Other bonds, notes, and debentures. .
Corporate stocks (including stock of Federal Reserve Bank).. . . . . . . . . .
Loans and discounts (including overdrafts) . . . . . . . . . . . . . . . . . . . . . . . . .
B~t.nk 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 acccptanrcs outstnnding..........
Other Assets. . . . . . . . . . . . . . . . . . . . . .

745,382.94 I ,166, 754. 10
None None :-lone I ,394,035. 23 48,485.07 Nonr
X one
~one
None

Total Assets .................. S 3,354,657.34

LIABILITIES Demand deposits..................$ Time deposlls.................... .
Deposits of U.S. Government ..... . Deposits of States and political sub-
divisions ...................... . DeposiIs of banks ......... ....... . Other deposits (certified 11.nd officers'
checks, etc.) ................... . Bills payable....................... Acceptances executed by or for ac-
count of this bank and outstanding ........................... . Other liabilities.................. .
~:.!'~:~!.-.-::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

I ,59I ,I49 .87 544,909.84 2I,530.I9
848,I01.32 None
229.00 None
None 64,529.96 I33,400.00 25,000.00 I25,807.I6
None

Total Liabilities. . . . . . . . . . . . . $ 3, 354,657. 34

STATEMENT

Showing condition at the close of business December 31, 1960, of

CITIZENS STATE BANK Warner Robins, Ga.

As called for by the Superintendent of Banks

H. P. FLEMING, President.
Date of Charter: 12-13-1950

J. W. CREAMER, Cashier.
Began Business: 1-2-1951

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obligat_io.n~ of States and political
SUbdlVISIODS ............
Other bonds, notes, and debentures .. Corporate storks (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 rcnl estate ............. .
Customers' liability to this bank on acceptances outstanding......... .
Other As.ets..................... .

693,958.83 522,937.51 461,I22.3I 279,968.75
None 2 ,I04. 792.72
59,571.56 None
X one None 5,747.50

Total Assets .................. $ 4,128,099.I8

LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U. 8. Government . . . . . .
D'Jl~T!~~n~'. ~~~~':". a~~. p.o.l~t.i~~~. ~~~
Deposits of banks ................ .
Other deposits (certified and officers' checks, etc.) ................... .
Rills payable..................... . Acceptanrcs c~ccuted by or for ac-
count o'. this bank and outstanding ........................... .
Other liabilities .................. . Capital .......................... . Surplus ......................... . Undivided profits................. .
Rfoscrvcs ......................

2,063,842.0I I,I43, 737.64
41,525.88
394,882.46 None
554.42 None
None 173,116.57 IOO,OOO.OO 100,000.00 110,440.20
None

Total Uabilities.............. S 4,I28,099.I8

------------------F-O-R-T-Y---F-I-R-S-T-A-N--N-U-A-L--R-E-P-O-R-T---------------149 STATEMENT

Showing condition at the close of business December 31, 1960, of

CITIZENS BANK Warrenton, Ga.

As called for by the Superintendent of Banks

DENHAM CASON, President.
Date of Charter: 4-14-1902

G. C. GARRETT, Cashier.
Began Business: 4-1902

ASSETS Cash, balancea with other banks, in-
cludinjl reserve balances, and caah items m proceaa of collection ......S United States Government obligations, direct and guaranteed ..... . Obliga~~ll!' of States and political
BUbdiVJBIOD8
Other bonds, notes, and debentures.. Col]>Orate stocks (including stock of
Yederal Reserve Bank) .......... . Loans and discounts (including over-
drafts) ........................ . Bank premiaea owned, furniture and
fixtures........................ . Real estate owned other than bank
premiaea....................... . Investments and other assets indi-
rectly representing bank premiaea or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets.....................

551,845.33 1,118,465.16
391,057.11 3,900.00 None
908,984.32 32,105.44 None
None None None

Total Assets.................. S 3,006,357. 36

LIABILITIES Demand deposita..................S Time depos1ta.................... . Deposita of U.S. Government ..... . De~i~ of'Statca and political aub-
diviatona ..................... Deposita of banks ................ . Other deposita (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances ezecuted by or for ac-
count of this bank and outstanding........................... . Other liabilities.................. .
~:~t:!::::::::::::::::::::::::::
Undivided profits................. . Reserves .......................

1 ,043,100.63 1,103,789.27
42,029.31 451,489.43
10,000.00 322.48 None
None 2,031. 91 100,000.00 100,000.00 132,155.27 21,439.06

Total Liabilities........... S 3,006, 357. 36

STATEMENT

Showing condition at the close of business December 31, 1960, of

FARMERS AND MERCHANTS BANK Washington, Ga.

As called for by the Superintendent of Banks

H. G. GARRARD, President.
Date of Charter: 8-10-1949

ROBERT M. DRINKARD, Cashier.
Began Business! 3-14-1950

ASSETS

Cash, balances with other banks, in-

cludinjl reserve balancea, and cash items m proceaa of collection...... S 383,878.67

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

645,181.28

0~~\~~o:. -~~~. ~~~-.~~i~~ 10,489.73

Other bonds, notes, and debentures..

50,000.00

Col]>Orate stocks (including stock of Yederal Reserve Bank) .......... .

None

Loans and discounts (including overdrafts) ........................ .

841.155.27

Bank premiaea owned, furniture and fizturea ....................... ..

50,247.50

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

None

Investments and other aaaeta indi-

rectly representing bank premiaea

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

None

Customers' liability to this bank on

acceptancea outstanding..........

None

Other A-te...................... _ _ _1_7._2_1._3_8

Total.Asaeta................. S 1,982,673.83

LIABILITIES Demand deposita.................. S Time depoa1ta .................... . Deposita of U.S. Government ..... . De~i~ of States and political sub-
divistona ..................... 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 .................. .
~::;:::!:::: ::: :::::: :::::::: :: :::
Undivided profits................. . Reserves ....................... ..

568,460.23 962,774.72
8,813.88 219,226.20
10,558.31 7,339.39
None
None 6,938.05 100,000.00 30,500.00 61,563.05 6,500.00

Total Liabilities...............S 1 ,982,673. 83

150

DEPARTMENT OF BANKIN__;_:_G_ __

STATEMENT Showing condition at the close of business December 31, 1960, of

WASHINGTON LOAN AND BANKING COMPANY Washington, Ga.

As called for by the Superintendent of Banks

F. W. THOMAS, President.
Date of Charter: 9-7-1891

HAL P. SHANK, Cashier.
Began Business: 5-1-1895

ASSETS Caah, balances with other banks, in-
cludi. . reserve balances, and caah itema1n proceaa of collection...... $ United States Government obligetiona, direct and guaranteed. . . . . .
0~~~~Ton~f..~~~. ~~.~~~~.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
fi:rturea..... . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank
premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other 888eta indi-
rectly representing hank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this hank on acceptances outstanding.......... Other .Aaaeta......................

1,271, 727.06 1 ,576,108.25
386,225 .o2 None None
2,483,406.74 36,500.00 15 ,000. 00
None None None

Total Assets................ $ 5, 768,967.07

LIABILITIES Demand deJlOBita.................. $ Time depoe1ta ................... Deposita of U.S. Government..... Pe~! of States and political aub-
divisJona ...................... . Deposita of banks................ . Other deposita (certified and officers'
checks, etc.) ................... Billa payable..................... . Acceptances e:recuted by or for ac-
count of this bank and outstanding........................... . Other liabilities .................. .
~e!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................

2,308,458. 76 1,951,234.14
182,243.63 677.707.38 88,342.51
3,970.55 None
None 50,571.90 145,000.00 235,000.00 126,438.20
None

TotaiLisbilities.............. I 5,768,967.07

STATEMENT Showing condition at the close of business December 31, 1960, of

OCONEE STATE BANK Watkinsville, Ga.

As called for by the Superintendent of Banks

C. G. HARDIGREE, SR., President.
Date of Charter: 6-5-1959

G. E. BORDEN, Cashier.
Began Business: 2-1-1960

ASSETS Caah, balances with other banks, in-
cluding reserve balances, and caah items in proceaa of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political aubdJVlSJona . .................. . Other bonds, notes, and debenturl'll.. Corporate stocks (mcluding stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) .............. .. Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises.................. Investments and other 888eta indireetlv representing bank premises or other real ~atate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Asaeta.................... .
Total Asaeta. . . . . . . . . . . . . . . . . $

305,584.85 194,140.17
7,864.57 None None
296,648.42 6,516.08 None
None None None 810,754.09

LIABILITIES Demand deposita..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . De~i!s of States and political sub-
divisions ...................... . Dcpoaits of banks ................ . Other deposits (certified and officers'
~becks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac-
count of this bank and outstandiAg ........................... . Other liabilities .................. . Capital. ......................... . ~urrlus ......................... . Undivided profits.................. . Reserves ........................ .

476,598.37 98,161.50
9,486.07 111,080.86
None 1,307.14
None
None 1.80 75,000.00 15,000.00 14,118.35 10,000.00

Total Liabilities.............. $ 810,754.09

FORTY-FIRST ANNUAL REPORT

151

STATEMENT Showing condition at the close of business December 31, 1960, of
COMMERCIAL BANK Waycross, Ga.

As called for by the Superintendent of Banks

J. M. NORMAN, President.
Date of Charter: 10-15-1918

P. E. PENN, Cashier.
Began Business: 10-30-1918

ASSETS Cash, balances with other banks, in-
cludinll reserve balances, and eaah items m proeesa of collection. . . . . S United States Government obligatioDB, direct and guaranteed ..... . Obliaa~o~ of States and political eubd.ivl8tona . ................. Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (includinc overdrafts) ........................ . Bank premises owned, furniture and finurea........................ . Real estate owned other than bank premiaea....................... . Investments and other aaaeta indirectly repreaentinc bank premises or other real estate............. . Customers' liability to this bank on acceptances outatandinc......... . Other Assets........ , ............ .

1,668,999.67 3.379,590.87
289,563.26 46,000.00 None
1,086. 509.66 32,099.52
~ODC'
None
~00' ~ODP

Total Assets.................. $ 6 ,502 ,762 .98

LIABILITIES D~mand deposita.................. S Time deposita......... -........... Deposita of U.S. Government..... . De~i~ of States and political aub-
divi8lona ...................... . Deposita of banks ................ . Otlier deposita (certified and officers'
cheeks, etc.) .................. .. Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding........................... . Other liabilities............. ~ ... .
~f~!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ....................

3,671,968.06 1,259,494.93
279,144.55
475,887.06 50,000.00
30,797.03 None
None 59,277.36 100,000.00 100,000.00 175,190.79 301,003.20

Total Liabilities...............S 6, 502,762. 98

STATEMENT Showing condition at the close of business December 31, 1960, of

SOUTHERN BANK Waycross, Ga.

As called for by the Superintendent of Banks

RALPH HERRIN, President.
Date of Charter: 5-22-1956

N. P. MILLER, Cashier.
Began Business: 6-11-1956

ASSETS Cash, balances witb other banks, in-
cluding reserve balances, and eaah items in process of collection...... $ United States Government oblicatioDB, direct and guaranteed ..... .
Obr:!'f!N~:o:l. -~~~. ~~~.. ~~i~~c.a~
Other bonds, notes, and debentures.. Corporat-e stocks (including stock of
Federal Reserve Bank) .......... . LoaDS 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..................... .

945,280.39 1,130,276.83
225,484.69 None None
1,678,293. 73 32,712.55 None
Non> NonP 2,203.98

Total Assets ..................$ 4,014,252.17

LIABILITIES Demand deposita..................$ Time deposita.................... . Deposita of U.S. Government ..... .
Ddi~!l~n~f. s~~~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 ................. ..
~~:;!f~!.:::::::::::::::::::::::::
Undivided profits................. . Reserves ........................ .

1,687,202.07 1,208,953.93
132,484.42
357,726.48 136,081.81
15,552.16 Non('
Non<' 132,983.21 175,000.00 50,000.00 118,268.09
Nom

Total Liabilities.............. .$ 4,014,252.17

152

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF WAYNESBORO Waynesboro, Ga.

As c:alled for by the Superintendent of Banks

M. K. TUCKER, President.
Date of Charter: 12-16-1890

J. W. NICHOLS, Cashier.
Began Business: 1891

ASSETS

Cash, balances with other banks, in-

cludinf! reserve balances, and cash

items 1n proceBB of collection...... $ 1,144,101.11

United States Government obliga-

tions, direct and guaranteed ..... . 1,602.731.13

Obliga~io~~ of States and political

subdtvl8tons................... .

434,188.49

Other bonds, notes, and debentures..

None

Corporate stocks (including stock of

Federal Reserve Bank) .......... .

Nonf"

Loans and discounts (including over-

drafts) ... ..................... . 1,692,127.30

Bank premises owned, furniture and

fixtures........................ .

53,194.81

Real estate owned other than bank

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

Non~

Investments and other assets indi-

rectly representing bank premises

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

14,124.70

Customers' liability to this bank on

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

None

- - - - - - Other Assets.. . .. .. . . . . . . . .. .. .. . .

1, 108. 34

TotaJAssets.................. $ 4,941.575.88

LIABILITIES Demand deposits.................S Time depos1ts.................... Deposits of U.S. Government ..... . DeJ?"'!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................. ..
~::::t:.:::::::::::::::::::::::::
Undivided profits................ .. Reserves........................ .

1,742,013.89 2,004,549.85
182,039.91
445,024.50 144,865.37
12,082.24 None
Non' 20,482.00 150,000.00 180,000.00 60,518.12
None

Total Liabilities.............. S 4 , 941 , 575. 88

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE PEOPLES BANK Willaeooc:hee, Ga.

As called for by the Superintendent of Banks

W. L. STEVENS, President.
Date of Charter: 1-4-1952

S. T. BRAGDON, Cashier.
Began Business: 1-15-1952

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obl~'f!Jio.n~ of States and political
SU VlSlODS , . , , .
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..................... .
Total Assets .................. $

165,970.69 113,000.00
None None Nonf' 120,468.06 4,213.94 None
~00(' Nom~
None 403,652.69

LIABILITIES Demand deposits.................. S Time depc;>slts .................... . Deposits of U.S. Government ..... .
Dr~~.:'. ~~~~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 lit~bilities .................. . Capital. ......................... Surl'lus ......................... . Undivided profits................. . Reserves ........................ .

.159,712.80 131,321.86
None
68,832.83 None
1,054.12 None
Nonr" Non<' 30,000.00 6,000.00 5,000.00 1. 731.08

Total Liabilities............... $ 403,652.69

FORTY-FIRST ANNUAL REPORT

153

STATEMENT Showing condition at the elose of business December 31, 1960, of

BANK OF BARROW Winder, Ga.

As Called for by the Superintendent of Banks

W. C. HARRIS, President.
Date of Charter: 3-12-1951

L. P. HIX, Cashier.
Began Business: 3-17-1951

ASSETS

Cash, balances with other banks, in-

cluding reserve balances, and cash items in process of collection...... S I, 252,021.77

United States Government obliga-

tions, direct and guaranteed ..... . 1,011,287.47

Obliga~io.n~ of States and political
SUbdtVlSlOBS .........
Other bonds, notes, and debentures..

298,155.43 149,000.00

Corporate stocks (including stock of Federal Reserve Bank) .......... .

None

Loans and oiscounta (including over-

drafts) ........................ . 1.211,417.86

Bank premises owned, furniture and

fixtures ........................ .

16,655.90

Real estate owned other than bank prenises....................... .

~one

Investments and other 1\SSets indi-

rectly representing bank premises

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

Customers' liability to this bank on acceptances outstanding......... .

~one

- - - - - Other Assets..................... .

13,104.54

Total Asseta .................. S 3,951,642.97

LIABILITIES Demand deposita........... 00 S Time depos1ts.................... . Deposits of U.S. Government ..... . DeJ!~i~ of States and political sub-
divtstons ...................... . Deposits of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Bills payable..................... . Arceptances executed by or for ac-
count of this bank and outatanding ........................... . Other liabilities.................. . Capital. ..... 00 00 ........ 00.00 oo Surplus ......................... . Undivided profits................. . Reserves ........................ .

2,699,252.fl9 731,435.37 64,073.84
134,278.91 None
5,227.83 None
Nom 68,740.76 100,000.00 100,000.00 48,633.57
None

Total Liabilities...............s 3,951.642.97

STATEMENT Showing condition at the elose of business December 31, 1960, of

THE PEOPLES BANK Winder, Ga.

As Caned for by the Superintendent of Banks

C. 0. MADDOX, JR., President.
Date of' Charter: 10-29-1926

J. B. LANGFORD, Cashier.
Began Business: 10-30-1926

A88ET8 Cub, balances with other banks, in-
cluclinf reserve balances, and cub i - m ~of collectioD..... S United States GOYei'DIIIellt oblip-
~~aos:a~._.p(.i;ticai

auWiVJ810118 . ................... ..
c;.:te Other bonds, notes, and debentures.. atoeb (including stock of
Loansm..:!l!i:=.:c:~. .;m~

drarta) 0 0 0 0. 0. 0. 0 .. 0 0 0 0 0 0

Bank premises owned, furniture and

tinuree.... 0 0 0. 0 0. 0 0 0 0. 0

Real estate owned other than bank

- w Jll"!!lli-...... 0 0 0 0 .. 0 0 0 0 0

Investments and other

indi-

roerc:tlI

,

;~tina real estate

bank ......

Jll"!!lli-
....... .

Customers' liability to thia bank ...

aceeptances outalaDding........

Other .A.ets..................... .

Totai.A.ets.................. s

785,446.15 2,008,891.33
23,778.32 Nont> None
1,039,482.21 35,050.00 52,501.00
Nom~
None None 3.94.<;,149.01

LIABILITIES
~=-~::::::::::::::::::' ~~=-~.~.t......~~...a....u...~....~;..j.,:..
Deposita of banb ................ . Other deposita (certified and oflieera
checb, etc.) ............. 00 00 .. Billa payable..................... . Aceeptancea IOlti!Cilted by or for ac-
count of thia bank and olitatand-
Othm:rl~~.'::::::::::::::::::
Capital.......................... . Surplua......................... . Undivided profits................. . Re.rves........................ .

2,435,650.22 869,492.07 69,362.78
181,530.64 None
15,598.65 NonC" Nonr
75,51.5.62 50,000.00 200.000.00 25,000.00 22,999.03

Total Liabilities............... S 3, !145. 149.0I

154

DEPARTMENT OF BANKING

STATEMENT

Showing condition at the close of business December 31, 1960, of

mE CAMDEN COUNTY STATE BANK Woodbine, Ga.

As Called for by the Superintendent of Banks

J. C. NEWTON, President.
Date of Charter: 6-24-1947

F. T. TILLER, Cashier.
Began Business: 1-2-1948

A88ET8 Cub, balan.- with other bomb, in-
elocliDJ """"""' balan.-, and eash items m proeees of eolleetion...... S UDited State. Government oblip-
~Vt1i8.1~0;1;1c8:fartat:":~p,lliic&i
Other bonds, notes, and debentures.. Corporate etoeb (including atoek of
Federal Reserve Bank).......... Loans and diaeounta (ineluding over-
drafta) ........................ . Bank premises owned, furniture and
ti:durea........................ Real estate owned other than bank
~...................... ..
Inveetmenta and other 11118eta indireetly representing bank premises or other real estate............. .
Customers' liability to this bank on aceeptan.- outstanding.........
Other Aaaeta..................... .

400,017.24 541,906.25
None None None 393,304.83 5,400.00 None
None
~one
None

Total Aaaeta .................. S I 340.628. 32

Demand

deposita .

.

LIABILITIES ................

s

Time deposita................... ..

l>epoeita of U. S. Government ..... .

Deuoei!a of State. and politieal aub-

divisl<JIHI . . . . . . . . 0 0 0

~~':t!;riified iWi om~

cheeks, ete.) ................... .

Bills payable..................... .

Aeeeptancea eseeuted by or for ac-

eount of this bank and outatand-

ing........................... .

Other liabilities.................. .

Capital......................... ..

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

Undivided protita................. .

Reserves........................ .

427,009:35 631,170.45
2,746.41
!57 ,048.87 None
1,904.35 None
None 5,068.40 50,000.00 50,000.00 15,200.00
480.49

Total Liabilities.............. S 1,340,628.32

STATEMENT

Showing condition at the close of business December 31, 1960, of

THE WOODBURY BANKING COMPANY Woodbury, Ga.

As Called for by the Superintendent of Banks

T. H. CARROLL, President.
Date of Charter: 9-29-1902

M. 0. CAMPBELL, Cashier.
Began Business: 9-29-1902

ASSETS Cash, balances with other banks, in
cludiiiJ reserve balances, and cash items m proce88 of collection...... S UDited States Government obligations, direct and guaranteed ..... . Obligs~io."!! of States and political
8UbdJVIBIOD8
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 ABSeta..................... .
TotalABSets .................. s

254,451.71 .548,413.59
Non~
272,028.42 None
418,280.84 1,872.95
Nom~
~one
None None 1,495,047.51

LIABILITIES Demand deposita.................. S Time depos1ta.................... Deposita of U.S. Government..... . DeJ!"!'i!& of States and political aub-
diV18tODB .. , ....
Deposita of banks................ . Other deposits (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances exeeuted by or for ac-
count of this bank and outatanding ........................... Other liabilities.................. . Capital. ........................ .. Surplus ......................... . Undivided profita................. . Reserves .......................

564,604.02 610,345.32
6,096.41
95,798.63 Nonr
11,382.89 None
None 3,000.00
;5;0o,,o0o0o0..o0o0
93,820.24 10,000.00

s Total Liabilities........... 1,495,047.51

FOR'l'Y-FIRST ANNUAL REPORT

155

STATEMENT
Showing condition at the close of business December 31, 1960, of
THE WOODLAND BANK Woodland, Ga.

Aa ealled for by the Superintendent of Banks

J. H. WOODALL, SR. President.
Date of Charter: 11-18-1907

C. E. MILLER, Cashier.
Began Business: 11-25-1907

ASSETS Cash, balances Vo'ith other banks, in-
cludinjl reserve balances, and cash itema an process of collection...... I United States Government obligations, direct and guaranteed ..... .
0~~~:l!:on0:. -~~~. ~~~ .~~i~~~~
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal RPserve Bank) .......... . Loans and discounts (includina over-
drafts) ........................ . Bank premises owned, furniture and
fixtures........................ . Real estate owned other than bank
prentises....................... . Investments and other 1188Cts indi-
rectly representing bank premises or other r<.>al estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .
Total ASBCts .................. I

106,888.86 255,867.40
4,000.00 None None
67,302.35 290.02 None
None None None 434,348.63

LIABILITIES Demand deposits..................I Time deposals.................... . Deposits of U.S. Government .....
DCJ!OI!i! of States and politieal subdivisions ...................... .
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 ........................ .

284,522.01 1,085.99 14,935.79
65,927.52 None
1,428.21 None
None None 25,000.00 25,000.00 16,449.11 None

Total Liabilities............... I 434,348.63

STATEMENT

Showing condition at the close of business December 31, 1960, of
BANK OF WOODSTOCK Woodatock, Ga.

As ealled for by the Superintendent of Banks

SMITH L. JOHNSTON, JR. "President.
Date of Charter: 11-13-1905

ARTHUR L. POOR, Cashier.
Began Business: 11-13-1905

ASSETS Cash, balances ,..jth other banks, in-
cludinj! reserve balances, and cash itema an process of coiJection...... I United States Government obligations, direct and guaranteed ..... . Obliga~io~~ of States and political
8Ubd1Vl810D8 ...................
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 Asl!ets..................... .

133,397.00 408,119.99 65,886.78 145,109.16
None 325,017.28
2.00 None
None None None

Total Assets..................1 1,077,532.21

LIABILITIES Demand deposita..................I Time depostts.................... . Deposits of U.S. Government ..... .
D':lr'J!!~n~f. ~~~~~. ~~ ~~t~~~~- ~~~
Dejl08its of banks ................ . Other deposits (certified and officers'
checks, etc.) ................... . Billa payable..................... . Acceptances executed by cr for ac-
count of this bank and outstanding ........................... . Other liabilities .................. . Capital.......................... . Surplus......................... . Undivided profits................. . Reserves ........................ .

574,920.17 222,849.48
8,388.54 128,308.06
None 8,309.50
None
None 8,938.09 25,000.00 85,000.00 15,818.37
None

Total Liabilities..............1 1,0.77,532.21

15.6

DEPARTMENT OF BANKIN--G------------------------

STATEMENT

Showing condition at the close of business December 31, 1960, of

BANK OF WRIGHTSVILLE Wrightsville, Ga.

As called for by the Superintendent of Banks

W. H. LOVETT, President.
Date of Charter: 2-16-1897

J. B. FULGHUM, Cashier.
Began Business: 2-16-1897

ASSETS Cash, balances with other banks, in-
cluding reserve balances, and cash items in process of collection......$ United States Government obligations, direct and guaranteed ..... .
Ob;~~~lslon"i. -~~~ . ~~~- .~~i~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 indi-
rectly representing bank premise$ or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... .

471,647.49 1,117,049.18
32,841.96 237,148.40
None 1.087,051.62
5,222.80 :Sone
None None None

Total Assets.................. S 2, 950,961 .45

Demand

deposits

LIABILITIES ................

.

.

s

Time depostts.................... .

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

D~!l~n~f. ~~~~~- ~~~- ~-l~t~~l. ~~~

Depcsits of ~anks ................ . Other deposits (certified and officers'
rhecks, etc.) ................... . Bills payable..................... . Acreptances executed by or for ac-
count of this bank and outstanding ........................... .

Other liabilities .................. .
~:;~!.:::::::::: :::::::::::::::

Undivided profits................ .. Reserves ........................ .

1,263,775.64 946,448.24 21,756.57 259,043.50 153,470,96
15,476.86 None
None None 50,000.00 150,000.00 60,989.68 30,000.00

Total Liabilities.............. S 2,950,961.45

STATEMENT Showing condition at the close of business December 31, 1960, of

EXCHANGE BANK OF WRIGHTSVILLE Wrightsville, Ga.

As called for by the Superintendent of Banks

W. R. JACKSON, President.
Date of Charter: 1~20-1909

G. T. BRANTLEY, Cashier.
Began Business: 12-20-1909

ASSETS Cash. balances with other banks, in-
cluding reserve balances, and cash items in proceaa of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga\io,n~ of States and political
8UbdlV18lOD8 ...............
Other bonds, notes, and debentures.. Corporate stocks (including stock of
Federal Reserve Bank) .......... . Loans and diaeounts (including overt drafts) ........................ . Bank premises owned, fpmiture and
fixtures.................. : ..... . Real estate owned other than bank
premises..................... Investments and othr auete indi-
rectly representing hank premises or other real estate ............. . Customers' liability to this hank on acceptances outstanding......... . Other ABBets..................... .
Total AAeta..................s

191,291.26 565,198.59
18,388.63 9,193.50
None 671,442.33
12,764.55 None
None None None 1,468,278.86

LIABILITIES Demand deposits..................$ Time depostta.................... . Deposita of U. S. Government ..... . Deooei!s of States and political sub-
divistone ...................... . Deposits of banks ................ . Other deposita (certified and officers'
rherks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac-
count of this bank and outstanding ........................... . OthP.r liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ .

734,108.75 260,530.11
10,044.83 237,813 .Ill
None 2,910.50
None
None None 35,000.00 145,000.00 42,871.06 None

Total Liabilities.............. S 1,468,278. 86

FORTY-FIRST ANNUAL REPORT

157

STATEMENT Showing condition at the close of business December 31, 1960, of

THE BANK OF ZEBULON Zebulon, Ga.

As called for by the Superintendent of Banks

J. J. EDWARDS, President.
Date of Charter: 3-18-1905

J. H. BAKER, Cashier.
Began Business: 1-31-1905

ASSETS Cub, balances with other banke, in-
cludinfl: reserve balancee, and oaab items 1n proceea of collection...... $ United States Government oblia;ationa, direct and guaranteed ..... . Obliga~~ of States and political au"bdi.V18aona . ................. Other bonds, notes, and debentures .. Corporate atocka (including atock of Federal Reserve Bank) .......... . Loana and diacounta (including overdrafts) ........................ . Bank premiaea owned, furniture and fixtures............... : . ....... . Real estate owned other than bank premiaea....................... .
Investments and other aaaeta indirectly representing bank premiaea or other real estate............. .
Customers' liability to tbia bank on acceptances outstanding......... .
Other Aaaeta..................... .

398.9111.14 414,080.32
54,423.15 105,000.00
:-lone 444,480.01
6,611.58 NonP
None
Non~
479.40

Total Aaaeta .................. $ 1,423,990.60

LIABILITIES Demand depoaita.. . . . . . . . . . . . . . . $ Time depoa1ta.................... . Deposita of U. S. Government ..... . DeDoai~ of States and political aub-
divistona ...................... .
R:C:iJ::!.t:'t~rii&eii ~;,d i,ii;;,e~
cbecka, etc.) ................... . Billa payable..................... . Acceptances esecuted by or for ac-
count of tbia bank and outstanding........................... . Other liabilities................... . Capital. ......................... . Surpl1111 ......................... . Undivided pro&ta................. . Reaervea........................ .

624,155.84 487.222.49
4,896.34 121,710.05
None 1,574.59
None
None 9,989.87 50,000.00 50,000.00 64,441.42 10,000.00

Total Liabilities.. .. .. . .. .. .. $ 1,423,990. 60