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 Fedscnting 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,.~\~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: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 nnhrnturt'!l.. Corporn.tr storks (i1'lrluc1iP~ stork of Fc.Jornl Hs.. . . . . . . . . . . . . . . . . . . . . . . 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 Hospo~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 }?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 chestnte.............. 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 8Uh08its.................. 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 suhnl <'!'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..................... . Acrcptnns.. Corporate stopo::;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 (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 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 prcmiss....................... . 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 asits 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 .......... . Custts 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 83liJations, 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<'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- 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 (indus 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 sict 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 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
  • lus . . . . . . . . . . . . . . . . . . . . . . . . . . UnOBita.................. $ 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 stoiiiie&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 ......................... . UnOrate 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- divislal 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