Forty -second Annual Report SUPERINTENDENT of BANKS of GEORGIA 1961 W. D. TRIPPE Superintendent STATE OF GEORGIA Department of Banking CREATED BY Acr APPROVED AUGUST 16, 1919 Forty-second Annual Report YEAR ENDING DECEMBER 31, 1961 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, 1961 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-second Annual Report of the Department of Banking for the year ending December 31, 1961. Respectfully, W. D. Trippe Superintendent of Banks IV DEPARTMENT OF BANKING "Exhibit A" OFFICIAL ROSTER DECEMBER 31, 1961 Annual Salary W. D. Trippe, Superintendent of Banks ............................ $12,840.00 W. M. Jackson, Assistant Superintendent of Banks .................. 10,860.00 W. A. Ramsey, Review Examiner.................................. 8,724.00 SENIOR BANK EXAMINERS Aycock, M. T., Decatur, Ga....................................... $ 8,088.00 Brooks, B. T., Decatur, Ga........................................ 8,088.00 Brown, J. B., Vidalia, Ga......................................... 8,088.00 Callier, Robert H., Jr., Dublin, Ga................................. 8,088.00 Goodloe, Hallum Wood, Jr., Decatur, Ga............................ 8,088.00 Jones, Frank J., Chula, Ga........................................ 7,020.00 Martin, Edwin G., Decatur, Ga.................................... 7,020.00 McGregor, Lamar L., Statesboro, Ga............................... 8,088.00 Paxton, Walter A., Albany, Ga.................................... 8,088.00 ASSISTANT BANK EXAMINERS Bolden, Charles E., Decatur, Ga................................... $ 6,300.00 Bridges, Ray F., Atlanta, Ga...................................... 5,592.00 Brown, Harold S., Vidalia, Ga..................................... 6,060.00 Cummings, Wm. G., Albany, Ga................................... 5,592.00 Gray, Burch J., Forest Park, Ga................................... 4,800.00 McClain, J. Stewart, Jr., Atlanta, Ga............................... 5,592.00 Miller, Wallace E., Dublin, Ga..................................... 5,592.00 Mimbs, Norman E., Albany, Ga................................... 5,592.00 Pierce, D. Neil, Statesboro, Ga..................................... 5,592.00 Reeves, B. Kyle, Jr., Atlanta, Ga.................................. 5,592.00 CREDIT UNION EXAMINERS Grovensteen, George W., Atlanta, Ga............................... $ 6,300.00 Gunn, Robert H., Atlanta, Ga..................................... 6,060.00 OFFICE ASSISTANTS Cunningham, Lucy T., Senior Clerk ................................ $ 3,972.00 Ethridge, LaVern Jean, Senior Clerk . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3 ,972. 00 Jones, Evelyn W., Accountant..................................... 5,376.00 Lee, Dorothy L., Senior Clerk..................................... 3,300.00 Moody, Kathleen, Intermediate Typist............................. 2,952.00 Redding, Judy Ann, Senior Stenographer. . . . . . . . . . . . . . . . . . . . . . . . . . . 3, 420.00 Steele, Nancy, Intermediate Typist................................ 2,952.00 Wyrick, Annette S., Confidential Secretary.......................... 5,172.00 Andrews, John D., Porter. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2, 076.00 FORTY-SECOND ANNUAL REPORT v Ezhibit "B" DEPARTMENT OF BANKING. STATE OF GEORGIA RECEIPTS AND DISBURSEMENTS 1961 RECEIPTS Balance January 1, 1961. ..................... S 13,936.32 Received from Appropriation. . . . . . . . . . . . . . . . . . 284, 327. 95 Miscellaneous Income ....................... . 137.90 DISBURSEMENTS Superintendent's Salary....................... S 12,595.00 Assistant Superintendent's Salary. . . . . . . . . . . . . . 10,650.00 ~eni Salaries .......................... 132,538.83 Office Assistants' Salaries..................... 41,430.02 Travel Expenses ............................. 54,376.51 Supplies and Material. . . . . . . . . . . . . . . . . . . . . . . . 3,010. 52 Communication.............................. 3,493.58 Printing and Publicity. . . . . . . . . . . . . . . . . . . . . . . . 4, 434. 68 Repairs and Alterations....................... 2,620.30 Rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 139. 33 Insurance and Bonding. . . . . . . . . . . . . . . . . . . . . . . 1, 124. 15 Pensions. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16, 466. 06 Equipment.................................. 7,603.87 Miscellaneous. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 278. 30 Balance December 31, 1961............... $298,402.17 $290,761.15 S 7,641.02 VI DEPARTMENT OF BANKING CHARTERS APPROVED Exhibit "C" I ---------N-A-M-E-O-F -BA-N-K---------'---------- LocATION -----II ---A-P-PR-O-V-ED---- Bank of Hartwell ........................ . Hartwell ............. 4-11-61 First State Bank and Trust Company ....... . Albany ................ 3-31-61 The Citizens Bank ....................... . Hogansville ........... . 11-29-61 Pineland State Bank ...................... . Metter............... . 12-19-61 1 RENEWAL OF CHARTERS APPROVED NAME OF BANK LocATION Roswell Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Roswell .............. . Sea Island Bank . . . . . . . . . . . . . . . . . . . . . . . . . . Statesboro ............ . Citizens Bank. . . . . . . . . . . . . . . . . . . . . . . . . . . . . Vienna ............... . Coffee County Bank. . . . . . . . . . . . . . . . . . . . . . . Douglas .............. . Bank of Molena. . . . . . . . . . . . . . . . . . . . . . . . . . . Molena .............. . The Merchants and Farmers Bank . . . . . . . . . . Milledgeville .......... . Exhibit "D" APPROVED 2- 1-61 3- 8-61 4-18-61 5- 1-61 6-30-61 12-27-61 Exhibit "E" PERMITS TO BEGIN BUSINESS NAME OF BANK LocATION Bank of Hartwell. . . . . . . . . . . . . . . . . . . . . . . . . Hartwell ............. . The Citizens Bank . . . . . . . . . . . . . . . . . . . . . . . . Hogansville ........... . BEGAN BUSINESS 11- 9-61 12-11-61 Exhibit "F" MERGERS APPROVED -------- -- - ----------.-------.----------- NAME OF BANK LocATION DATE oF MERGER To BE KNoWN As First State Bank of Albany and Albany Trust & Banking Company. . . . Albany ... 4-1-61 First State Bank & Trust Company FORTY-SECOND ANNUAL REPORT VII Exhibit "G" APPLICATION TO INCREASE CAPITAL STOCK APPROVED NAME OF BANK I LoCATION APPROVED Trust Company of Georgia ......... Atlanta ...... Bank of Thomas County ........... Thomasville .. Bank of Rockdale ................. Conyers ...... Bank of Eastman .................. Eastman ..... The Rome Bank and Trust Company Rome ........ Citizens and Southern Bank of Dublin ......................... Dublin....... Peoples Bank ..................... Blackshear ... South Side Atlanta Bank ........... Atlanta ...... The Bank of Heard County ......... Franklin ..... Citizens Bank..................... Cairo ........ Habersham Bank .................. Clarkesville ... Farmers Bank of Pelham ........... Pelham ....... Bank of Forest Park . . . . . . . . . . . . . . . Forest Park ... Bank of College Park .............. College Park .. The Peo~les Bank of Eatonton ...... Eatonton ..... The Roc mart Bank ............... Rockmart .... Bank of Hancock County ........... Sparta ....... Bank of Worth County ............. Sylvester ..... Commercial Bank ................. Thomasville .. The Four County Bank ............ Allentown .... Merchants and Farmers Bank ....... Donalsonville. The Peoples Bank ................. Winder ....... Farmers and Merchants Bank ....... Senoia ....... Citizens Banking Company ......... Lexington .... Coffee County Bank ............... Douglas ...... Bank of Greensboro ................ Greensboro ... Cohutta Banking Company ......... Chatsworth ... Bank of Upson .................... Thomaston ... Bank of Thomson ................. Thomson ..... Bank of Forest Park ............... Forest Park ... Bank of Molena ................... Molena ...... The Citizens and Southern Bank of LaGrange .................... LaGrange .... The Commercial Bank ............. Douglasville .. Wilkinson County Bank ............ Irwinton ..... Exchange Bank of Milledgeville ..... Milledgeville .. St. Simons State Bank ............. St. Simons lsi. The Citizens Bank ................. Gainesville ... 1-11-61 1-12-61 1-13-61 1-19-61 1-19-61 1-30-61 1-30-61 2- 1-61 2- 2-61 2- 6-61 2- 6-61 2-14-61 2-22-61 2-23-61 3- 6-61 3- 7-61 3- 8-61 3-14-61 3-21-61 3-21-61 3-21-61 4-18-61 4-20-61 4-28-61 5- 1-61 5- 1-61 5-24-61 6- 6-61 6- 7-61 6-23-61 6-30-61 7-18-61 8-11-61 9-21-61 10-25-61 11-30-61 12-19-61 AMOUNT OF INCREASE $4,090,000 to $5,000,000 150,000 180,000 80,000 160,000 40,000 120,000 320,000 352,000 200,000 50,000 200,000 25,000 50,000 50,000 100,000 131,250 100,000 25,000 75,000 50,000 50,000 200,000 25,000 50,000 50,000 25,000 25,000 50,000 75,000 50,000 150,000 50,000 145,000 15,000 300,000 100,000 300,000 50,000 75,000 100,000 150,000 145,000 125,000 50,000 100,000 100,000 100,000 312,500 50,000 100,000 100,000 30,000 50,000 100,000 100,000 100,000 180,000 150,000 200,000 30,000 300,000 50,000 25,000 100,000 50,000 150,000 500,000 100,000 50,000 200,000 75,000 300,000 ---- VIII DEPARTMENT OF BANKING Exhibit "H" APPLICATIONS TO REDUCE PAR VALUE OF CAPITAL STOCK APPROVED NAME OF BANK I I I LocATION PAOFRSVTAOLCUKE REDUCED TO The First State Bank of Fitzgerald. Fitzgerald ..... $100 $10 Citizens Bank ................... Cairo ......... 100 10 Farmers Bank of Pelham .......... Pelham ....... 100 10 Bank of College Park . . . . . . . . . . . . . College Park ... 100 10 The Peoples Bank of Eatonton ..... Eatonton ...... 100 50 Bank of U~son ................... Thomaston .... 100 10 Bank of T omson ................ Thomson ...... 100 25 The Commercial Bank ............ Douglasville ... 100 10 Exchange Bank of Milledgeville .... Milledgeville ... 100 20 St. Simons State Bank ............ St. Simons lsi. . 100 10 APPROVED 1-31-61 2- 6-61 2-14-61 2-23-61 3- 6-61 6- 6-61 6- 7-61 8-11-61 10-25-61 11-30-61 Exhibit "I" MISCELLANEOUS APPLICATIONS TO AMEND CHARTERS APPROVED I I NAME Exchange Bank OF BANK of Milledgeville. 1-M--il-lLe-Od-Cg-Aev-TiI-lOl-eN.-.-.-.-. 1CN-hA-aT-nU-gRe-E-nO-aFm--Ae-Mt-oE-N-D-M-E-N-T-I--A-P-P-RO-V-E-D-- Exchange Bank ...... , 10-25-61 FORTY-SECOND ANNUAL REPORT BRANCH BANKS AS OF DECEMBER 31, 1961 NAME oF BRANCH NAME OF PARENT I 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 St., S. W......... The Bank of Georgia............. Atlanta The Bank of Georg_ia, 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 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 Viilage Branch. . . . . . . . Trust Company. . . . . . . . . . . . . . . . Augusta Columbus Bank & Trust Co. South Columbus Branch ...... Columbus Bank & Trust Co.. . . . . . Columbus IX Exhibit "J" 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 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 7- 5-27 X DEPARTMENT OF BANKING Exhibit "J"-C&nt'd BRANCH BANKS AS OF DECEMBER 31, 1961 NAME OF BRANCH NAME OF PARENT BEGAN I LoCATION BusiNEss Columbust Bank & Trust Co. North Hitlands ............ Columbus Bank & Trust Co....... Columbus Columbus ank & 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 and Houlihan Sts........ Savannah Bank & Trust Co....... Savannah 1-18-24 1-18-24 6-16-53 10-24-14 1- 2-25 8-24-59 3-21-49 7-15-50 11- 9-53 2-17-60 BANK OFFICES AS OF DECEMBER 31, 1961 NAME OF OFFICE NAME OF PARENT The Citizens & Southern Bank of Alban}j The Citizens & Southern Bank Slappey rive Office. . . . . . . . . of Albany .................... . First State Bank & Trust Co., 218 Broad Street Office....... First State Bank & Trust Co..... . First State Bank & Trust Co., Slappey Drive Office ......... First State Bank & Trust Co..... . The Bank of Georgia, Cascade Office, 2265 Cascade Road, S.W...... The Bank of Georgia ........... . The Bank of Georgia, Northside Drive Office, 1349 Northside Drive ........ The Bank of Georgia ............ . The Bank of Georgia Moreland-Custer Office. . . . . . . The Bank of Georgia . . . . . . . . . . . . The Citizens & Southern Bank of Atlanta, Citizens & Southern Bank- The Citizens & Southern Bank head Office . . . . . . . . . . . . . . . . . of Atlanta .................... . Marietta Commercial Bank, Downtown Office ............ Marietta Commercial Bank ...... . Commercial Bank, Drive-in Office .............. Commercial Bank .............. . Bank of Thomas County, North Broad Office .......... Bank of Thomas County ........ . FORTY-SECOND ANNUAL REPORT XI FACILITIES AS OF DECEMBER 31, 1961 Exhibit "J"-Confd NAME OF FACILITY NAME OF PARENT LocATION BEGAN BusiNEss The Citizens & Southern Bank of Albany, U.S. Marine Corps Supply The Citizens & Southern Center Facility .............. Bank of Albany .............. Albany First State Bank & Trust Co., Turner Air Force Base Facility .................... First State Bank & Trust Co.... Albany The Citizens & Southern Bank of Atlanta, Drive-in Facility, Cor. Pharr The Citizens & Southern Rd. and Grandview Ave...... Bank of Atlanta .............. Atlanta The Citizens & Southern Bank of Atlanta, Moreland Avenue Drive-in The Citizens & Southern Facility ..................... Bank of Atlanta .............. Atlanta Georgia Railroad Bank & Trust Company, Georgia Railroad Bank & Ft. Gordon Faciliti.......... Trust Company.............. Augusta Columbus Bank & rust Co., Columbus Bank & Trust Ft. Benning Facility ......... Company .................... Columbus Merchants and Farmers Bank, Drive-in Facility ............ Merchants and Farmers Bank ... Donalsonville Commercial Bank & Trust Co., Drive-in Facility, 118 Hill Street .............. Commercial Bank & Trust Co. Griffin The Peoples Bank, Drive-in Facility, Broad and Midland .......... The Peoples Bank ............. Winder 7- 2-56 9-21-53 11-21-60 7-19-61 1-1942 2-20-20 11-13-61 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 Exhibit "K" DISPOSITION OF BANKS IN GEORGIA DURING 1961 BANKS Banks in Operation January 1, 1961. ......................... . 313 Banks in Operation December 31, 1961. ...................... . 313 Banks Opening During Year:. . . . . . . . . . . . . . . . . . . . . . . . . . . 3 Bank of Hartwell, Hartwell The Citizens Bank, Hogansville First State Bank & Trust Company, Albany Banks Merged During Year: ........................... 2 First State Bank of Albany, Albany Albany Trust and Banking Company, Albany Banks Closed During Year: ............................ 1 Bank of Ochlochnee, Ochlochnee Bank Offices Opening During Year:. . . . . . . . . . . . . . . . . . . . . 7 Bank of Thomas County, Thomasville North Broad Office Commercial Bank, Thomasville Drive-in Office First State Bank & Trust Company, Albany 218 Broad Street Office First State Bank & Trust Company, Albany Slap~y Drive Office The Citizens & Southern Bank of Atlanta, Atlanta Citizens & Southern Bankhead Office Marietta Commercial Bank, Marietta Downtown Office The Bank of Georgia, Atlanta Moreland-Custer Office Faci~~:'&liz~sgf=t~eaB~~k ~f Atl~~i~; Atl~~t~. ... 2 Moreland Avenue Drive-in Facility Merchants and Farmers Bank, Donalsonville Drive-in Facility Bank Offices Discontinued During Year. . . . . . . . . . . . . . . . . . 2 First State Bank & Trust Company, Albany Oglethorpe Avenue Office Southside Atlanta Bank, Atlanta Drive-in Branch 1747 Lakewood Avenue BRANCHES BANK OFFICES AND FACILITIES 44 51 Exhibit "L" 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 and 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 Bank of Waynesboro ....................................................... Waynesboro FORTY-SECOND ANNUAL REPORT XIII Exhibit "M" ABSTRACT OF REPORTS OF CONDITION OF STATE BANKS IN GEORGIA AS OF DECEMBER 31, 1961 (With Comparative Statement as of December 31, 1960) ASSETS Dec. 31, 1961 Dec. 31, 1960 313 Banks 313 Banks Increase+ 51 Branches* 40 Branches Decrease- Cash, and balances with other banks .......... S 333,582,414 U. S. Government Obligations, direct and guar- anteed .................................. 428,657,983 Obligations of States and political subdivisions. 94,186,348 Other Bonds, notes and debentures . . . . . . . . . . . 39,993,909 Corporate stocks, including stock of Federal Reserve Bank ............................ 2,017,536 Loans and Discounts, including overdrafts ..... 685,452,689 Bank:remises owned and furniture and fixtures 21,233,565 Real state owned other than bank premises ... 931,771 Investments and other assets indirectly repre- senting bank premises or other real estate .... 1,363,065 Customers' liability to this bank on acceptances outstanding .............................. 318,194 Other Assets ............................... 5,777,109 $ 318,609,718 405,455,863 80,614,221 29,037,734 1,679,203 645,897,908 19,681,421 1,121,044 923,341 467,209 4,815,912 $ 14,972,696+ 23,202,120+ 13,572,127 + 10,956,175+ 338,333+ 39,554,781+ 1,552,144+ 189,273- 439,724+ 149,015961,197+ TOTAL ASSETS ...................... $1,613,514,583 $1,508,303,574 $105,211,009+ LIABILITIES Demand Deposits ........................... $ 724,969,551 $ 669,283,135 $ 55,686,416+ Time Deposits ............................. . 454,330,107 418,197,818 36,132,289+ Deposits of U.S. Government ............... . 33,720,452 35,759,876 2,039,424- Deposits of States and political subdivisions ... . 152,925,755 147,955,295 4,970,460+ Deposits of Banks ......................... . 64,567,402 62,663,826 1,903,576+ Other deposits (certified and officers' checks, etc.) ................................... . 9,305,883 9,671,741 365,858- TOTAL DEPOSITS .................... $1,439,819,150 $1,343,531,691 S 96,287,459+ Bills payable, rediscounts, and other liabilities for borrowed money ....................... $ Acceptances executed by or for account of this bank and outstanding..................... Other liabilities.... . . . . . . . . . . . . . . . . . . . . . . . . . 95,000 318,194 24,986,883 400 467,209 24,599,652 94,600+ 149,015387,231+ TOTAL LIABILITIES (not including capital accounts) ..................... $1,465,219,227 $1,368,598,952 $ 96,620,275+ CAPITAL ACCOUNTS Capital. ...................................$ Debentures ............................... . Surplus................................... . Undivided Profits.......................... . Reserves .................................. . 45,395,500 $ 177,000 62,774,420 26,864,078 13,084,358 42,207,250 $ 3,188,250+ 177,000 -0- 55,414,920 7,359,500+ 29,588,625 2,724,547- 12,316,827 767,531+ TOTAL CAPITAL ACCOUNTS ........ $ 148,295,356 $ 139,704,622 $ 8,590,734+ TOTAL LIABILITIES AND CAPITAL ACCOUNTS .............. $1,613,514,583 $1,508,303,574 $105,211,009+ *Includes branch banks, bank offices and facilities. XIV DEPARTMENT OF BANKING Exhibit "N" CLASSIFICATION OF BANKS BY CAPITALIZATION AS OF DECEMBER 31, 1961 Number of Banks Capital 3...................... . s 15,000.00 47 ...................... . 25,000.00 8...................... . 30,000.00 4...................... . 35,000.00 3 ...................... . 40,000.00 1...................... . 45,000.00 62 ...................... . 50,000.00 5...................... . 60,000.00 1...................... . 65,000.00 1. ..................... . 70,000.00 12 ...................... . 75,000.00 1...................... . 80,000.00 86 ...................... . IOO,OOO.OO 1...................... . 100,IOO.OO 2...................... . 120,000.00 10 ...................... . 125,000.00 1. ..................... . I33,400.00 1. ..................... . I45,000.00 14...................... . 150,000.00 2...................... . I60,000.00 1...................... . 175,000.00 2...................... . 180,000.00 I4...................... . 200,000.00 1...................... . 240,000.00 4...................... . 250,000.00 8 ...................... . 300,000.00 I ...................... . 312,500.00 I ...................... . 325,000.00 1...................... . 350,000.00 I ...................... . 352,000.00 1...................... . 375,000.00 2...................... . 400,000.00 2...................... . 500,000.00 1. ..................... . 725,000.00 1...................... . 812,500.00 1...................... . 1,000,000.00 1...................... . 1,300,000.00 2...................... . 1,500,000.00 1 ...................... . 1,650,000.00 1...................... . 2,250,000.00 1...................... . 5,000,000.00 Total Capital $ 45,000.00 1,175,000.00 240,000.00 140,000.00 120,000.00 45,000.00 3,100,000.00 300,000.00 65,000.00 70,000.00 900,000.00 80,000.00 8' 600' 000. 00 100,100.00 240,000.00 1,250,000.00 133,400.00 145,000.00 2,100,000.00 320,000.00 175,000.00 360,000.00 2,800,000.00 240,000.00 1,000,000.00 2 ,400,000. 00 312,500.00 325,000.00 350,000.00 352,000.00 375,000.00 800,000.00 1,000,000.00 725,000.00 812,500.00 1,000,000.00 1,300,000.00 3,000,000.00 1,650,000.00 2 '250 '000. 00 5,000,000.00 Total Resources $ 1,800,892.56 48,350,149.94 6,529,494.48 5,989,937.18 5,831,061.71 1,602,070.38 131,544,885.46 11,207,255.88 2,440,183.40 2,434,716.88 27,895,673.97 2,544,886.76 313,862,150.00 1,406,223.22 7,610,550.52 44,332' 153.18 3,992,923.02 6,271,001.62 69,781,906.01 9,641,028.09 4,035,194.32 12 '483 '067 .42 95,750,696.47 3,200,902.17 32,802,902.04 70,817,621.30 10,203,442.34 9,403,423.54 10,904,232.32 9,052,913.58 10,661,992.16 25,433,738.15 33,914,266.32 23,593,796.10 7,327,514.94 30,461,481.20 46,254,476.44 94,394,595.11 42,539,251.77 72,477,023.90 262,732,906.69 Exhibit "0" BANKS IN VOLUNTARY LIQUIDATION December 31, 1961 ------------.----------,---------------- - NAME OF BANK LOCATION DATE Atlanta Trust Company .................... Atlanta............. December 11, 1929 The Farmers Bank. . . . . . . . . . . . . . . . . . . . . . . . . Blythe. . . . . . . . . . . . . . January 22, 1951 Bank of Ila................................ Ila.................. August 9, 1954 FORTY-SECOND ANNUAL REPORT XV Exhibit "P" LEGAL HOLIDAYS January 1-New Years Day January 19-Lee's Birthday February 22-George Washington's Birthday April 26-Memorial Day June 3-Jefferson Davis' Birthday July 4-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 "Q" SUPERINTENDENTS OF BANKS, DEPARTMENT OF BANKING STATE OF GEORGIA Name Date of Appointment Date Service Ended --------------- T. R. Bennett ...................... November 17, 1919 A. B. Mobley ...................... _January 1, 1927 W. J. Davis ........................ September 24, 1931 R. E. Gormley . . . . . . . . . . . . . . . . . . . . . . January 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 January 1, 1927 September 24, 1931 January 1, 1932 October 6, 1936 January 11, 1937 January 25, 1937 January 1, 1940 January 14, 1941 March 21, 1947 November 18, 1948 June 6, 1960 ------------------- --------------------- Exhibit "R" PRIVATE BANKS REGISTERED WITH SUPERINTENDENT OF BANKS AS OF JUNE 30, 1961 Name Location Dorsey Banking Company .................. _. _......... _...... Abbeville James Rivers Bank, North Slappy Drive ..... _............... _.. _Albany Farmers Bank ........................................... _.... Alma Bank of Gibraltar, 101 Peachtree St., N. E.............. _... _.... Atlanta The Banking House, 344 Kendrick Ave., S. E ........ _._ .......... Atlanta Mercantile-City Bank, 710 Fulton Federal Bldg... __ .............. Atlanta Bank of Augusta, 1296 Broad St...................... _......... Augusta Citizens Banking Company ..................................... Barwick XVI DEPARTMENT OF BANKING Name PRIVATE BANKS-Cont'd Exhibit "R"-Cont'd Location The Peoples Bank ............................................. Baxley The Citizens Bank ............................................ Broxton Farmers Clearing Bank ........................................ Cadwell Citizens Bank ................................................ Cave Spring Bank of Chester .............................................. Chester The Brown Bank ............................................. Cobbtown First Trust Bank .............................................. Covington Knight-Hogan Banking Company............................... Dexter The Commercial Bank ......................................... Douglas The Exchange Bank ........................................... Douglas The Peoples Bank ............................................. Eastman Merchants Bank, 2120 Dodson Drive ............................ East Point The Hammack-Rish Bank...................................... Edison Peoples Banking Company ..................................... Folkston Bank of Hampton ............................................. Hampton The Citizens Bank ............................................ Haralson The Coastal Bank ............................................. Hinesville The Citizens Bank (State Chartered 11-30-61) . . . . . . . . . . . . . . . . . . . . Hogansville People's Cash Depository ...................................... Jeffersonville Citizens Bank ................................................ Kingsland Exchange Bank ............................................... Lake Park The Lowndes Bank ............................................ Lake Park Jordan Banking Company ...................................... Leary The Exchange Bank ........................................... Ludowici The Peoples Bank ............................................. Macon The Security Bank ............................................ McRae Pineland Bank ................................................ Metter H. G. & 0. 0. Banks Company ................................. Milledgeville Citizens Bank ................................................ Milledgeville Aycock Banking Company ..................................... Millen Morven Mutual Exchange ..................................... Morven Citizens Bank ................................................ Ocilla Citizens Service Bank ......................................... Omega Greene Banking Company ..................................... Pavo The Corbett Bank ............................................ Pearson Farmers & Merchants Bank .................................... Portal Bulloch Exchange Bank ........................................ Preston Bank of Ray City ............................................. Ray City Peoples Bank ................................................. St. Marys Banks-Kelly Bank ............................................ Shady Dale Farmers & Merchants Bank .................................... Smithville The Citizens Banking Company ................................ Sparks Stewart & Pound Bank ........................................ Sparta Citizens Bank ................................................ Stockbridge Spivey Banking Company ...................................... Swainsboro Commercial Bank ............................................. Tallapoosa Redwine Brothers, Bankers ..................................... Tyrone Brogdon Bros., Bankers ........................................ Uvalda The Park Avenue Bank ........................................ Valdosta Brice Banking Company ....................................... Vidalia Whigham Banking Company ................................... Whigham Thompson Banking Company .................................. Wrens - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - .. - - - FORTY-SECOND ANNUAL REPORT XVII Exhibit "8" STATE CHARTERED CREDIT UNIONS ALBANY Albany Federal Employees Credit Union, Broad at Jefferson St. Carlton Credit Union, c/o Carlton Co., P. 0. Box 173 Colonial Daries Employees Credit Union, 815 Oglethorpe Avenue Gay Employees Credit Union, P. 0. Box 1371 Georgia Electric Credit Union, 1500 Gillionville Road Karagheusian Empl~yee's Credit Union, Gulistan Drive Keenan Employees Credit Union, 112 Front Street, North ATHENS Athens Division Credit Union, c/o Georgia Power Company 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, 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 Cooperative Association, 719 Fulton Federal Building Atlanta Greyhound Terminal E111_ployees Credit Union, 81 Cain Street, N. W. Atlanta Joint Terminals Credit Union, 3792 Glenwood Road (Decatur, Ga.) Atlanta Postal Credit Union, 102-M Federal Annex Atlanta Railway Postal Clerks Credit Union, 528 Federal Annex 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 Building Authority Employees Credit Union, 244 Washington Street, S. W. Central Parking, Inc., Credit Union, 100 Luckie Street Circle "W" Credit Union, 1299 Northside Drive Cullom & Ghertner Company Credit Union, 720 Forrest Road, N. E. Delta Employees Credit Union, Atlanta Airport Dixie 66 Credit Union, 1430 West Peachtree Street, N. W. DuPont Atlanta Employees Credit Union, 1737 Ellsworth Industrial Dr., N. W. Employees Credit Union Swift & Co., 760 Clifton Way, N. E. Employers 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, 1251 Caroline Street Genuine Parts Credit Union, 299 Piedmont Avenue, N. E. Georgia E. S. A. Credit Union, 297 Labor Building Georgia Federation of the Blind Credit Union, 244 Washington Street Georgia Health Department Credit Union, 516-A State Office Building Georgia League Credit Union, P. 0. Box 2044 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. XVIII DEPARTMENT OF BANKING Exhibit "8"-Cont'd ATLANTA Hospital Authori!y Employees Credit Union, 80 Butler Street, 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 Testing Co. Employees Credit Union, 136 Forrest Avenue, N. E. Marion Manufacturing Credit Union, 875 Kirkwood Avenue, S. E. MEMCO Credit Union, 1190 Astor Avenue, S. W. Merchants Mutual Credit Corporation, 1329 First National Bank Building Metro Credit Union, 198 Luckie Street MiBB Georgia Credit ABBOciation Credit Union, 645 Whitehall Street, S. W. Montag Employees Credit ABBOciation, 245 N. Highland Avenue, N. E. Mr. Friendly Credit Union, 1105 W. Peachtree, N. W. Mutual Savings Credit Union, 243 Peachtree Street Orange Disc Credit Union, 1375 Peachtree Street 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. P. 0. Box 4539 Ruralist Credit Union, 713 Glenn Street, S. W. RUBBell 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. Small Agencies Credit Union, 244 Washington Street, Room 572 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 Boland and Lee Employees Credit Union, 201 Peachtree Street, N. E. 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 St.. N. W. AUGUSTA Augusta Fire Department Credit Union, Central Avenue & Troupe Street Georgia Railroad Employees Credit Union, 615 -8th Street King Mill Savings & Credit ABBOciation, c/o King Mill R C E A Credit Union, 1399 Walton Way Richmond County Health Dept. Employees Credit Union, 501 Greene Street BRUNSWICK Glynn County Federal Employees Credit Union, Federal Building CEDARTOWN Cedartown Textiles, Inc. Employees Credit Union, Cedartown CHAMBLEE Lay Employees Savings & Loan Credit Union, 4950 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 -13th Street Seaboard Columbus Employees Credit Union, Front Avenue & lOth Street WeeReBel Credit Union, 1350- llUh A""""" FORTY-SECOND ANNUAL REPORT XIX Exhibit "S"-Cont'd CORDELE Harris Foundry & Machine Employees Credit Union, c/o Harris Foundry & Machine Co. DALTON Crown Tuft Employees S. and L. Credit Union, c/o Crown Tuft Company, 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~!' 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, c/o Georgia Kaolin Company DUBLIN Dublin Federal Employees Credit Union, Federal Building EASTMAN Stuckey's Employee's Association Credit Union, c/o Stuckey's EAST POINT Associated Grocers Credit Union, 1286 Milledge Street Borden's Atlanta Credit Company, 1050 Oakleigh Drive Colonial Stores Employees Credit Union, 2251 N. 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 ELBERTON Stone Workers Credit Union, P. 0. Box 711 FORT McPHERSON Fort McPherson Credit Union, Fort McPherson JACKSON CGEMC Employees Credit Union, c/o Central Ga. Elec. Members Corp. JONESBORO C. C. B. E. Employees Credit Union, Clayton County Board of Education MACON C G M T Employees Credit Union, 340 Hazel Street 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 Water Works Credit Union, City Hall The Procter & Gamble Macon Employees Credit Union, 1265 -6th Street MARIETTA Home Employees Credit Union, 334 South Four Lane MILLEDGEVILLE Baldwin County Hospital Employees Credit Union, Milledgeville Milledgeville State Hospital, c/o State Hospital XX DEPARTMENT OF BANKING Exhibit "8"-Cont'd 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, 523 Shorter Avenue SAVANNAH Blue Flame Credit Union, 114 Barnard Street Central Employees Credit Union, Inc., 227 W. Broad Street 'the G. P. A. Credit Union, c/o Georgia Ports Authority Health Employees Chatham County Credit Union, Intermediate at Meridian Road Merchants Credit Union, P. 0. Box 1717 Savannah & Atlanta Railway Employees Credit Union, P. 0. Box 1491 Savannah Electric and Power Employees Credit Union, 27 W. Bay Street Savannah Federal Credit Union, 200 E. St. Julian Street 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 Street 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, Valdosta FORTY-SECOND ANNUAL REPORT XXI Exhibit "T" ABSTRACT OF REPORTS OF CONDITION OF STATE CHARTERED CREDIT UNIONS AS OF DECMEBER 31, 1961 (With Comparative Statement as of December 31, 1960) ASSETS December 31, 1961 December 31, 1960 Increase+ Decrease- Cash ......................................S 2,404,903 U.S. Government Bonds..................... 764,964 Other Bonds. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 694, 842 Stocks and Other Investments. . . . . . . . . . . . . . . . 3, 687, 352 Loans ..................................... 39,395,146 Furniture and Fixtures . . . . . . . . . . . . . . . . . . . . . . 82, 872 Other Assets. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 521,832 $47,551,911 $ 1,864,621 830,776 727,651 2,442,790 35,606,102 63,960 995,494 $42,531,394 s 540,282+ 65,81232,8091,244,562+ 3,789,044+ 18,912+ 473,662- $5,020,517+ LIABILITIES Deposits of members and non-members ........ $41,817,461 Bills Payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 883, 686 Other Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1, 125, 960 $43,827,107 Reserves. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,725, 302 $45,552,409 S37 ,401 '730 782,939 1,371,790 $39,556,459 1,468' 181 $41,024,640 $4,415,731+ 100,747+ 245,830- $4,270,648+ 257 ,121+ $4,527' 769+ CAPITAL Shares..................................... S 482,125 Surplus. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 343,042 Undivided Profits. . . . . . . . . . . . . . . . . . . . . . . . . . . 1, 174,335 $ 1,999,502 S47 ,551 '911 $ 454,228 260,893 791,633 $ I ,506, 754 $42,531,394 s 27,897+ 82,149+ 382, 702+ $ 492,748+ $5,020,517+ Number of Shareholders .................... . Number of member deposits and non-members.. Number of loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . Active Credit Unions ....................... . % to Total Assets Cash ................................. . U.S. Government bonds................ . Other bonds........................... . Stocks and other investments............ . Loans ................................ . Other................................. . Loans to deposits ...................... . 95,049 87' 101 57,768 162 5.1% 1.7 1.5 7.8 82.8 1.1 100.0% 94.2% 89,009 80,144 52,972 161 4.4% 2.0 1.7 5.7 83.7 2.5 100.0% 95.2% 6,040+ 6,957+ 4,796+ 1+ FORTY-SECOND ANNUAL REPORT 1 STATEMENT Showing condition at the elose of business December 31, 1961, of ABBEVILLE STATE BANK Abbeville, Ga. As ealled 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 with other banks, in- cluding reserve balances, and cash items in proce88 of collection. . . . . 1 United States Government obligations, direct and guaranteed ..... . Obliga~io~~ of States and political subdtvJstons ................ Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and diacounta (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing. bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other A88ets..................... . Total A88ets . . . . . . . . . . . . . . . . . I 73,561.09 396,844.63 47.725.75 74,600.00 None 327,934.93 216.61 None None None None 920,883.01 LIABILITIES Demand deposits................. I Time depoa1ts.................... . Deposita of U. S. Government ..... . DeP.o~i! of States and political aub- diVJstons ...................... . 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 .................. . ~:~1:!:::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 253,179.23 466,309.26 4,559.30 86,547.47 None 16,608.19 None None 9,732.94 25,000.00 50,000.00 8,946.62 None Total Liabilities...............1 920,883.01 STATEMENT Showing condition at the close of business December 31, 1961, 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 hanks, in- cluding reserve balances, and cash items in proce88 of collection. . . . . 1 United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ 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 acceptanres outstanding......... . Other Assets ..................... . 359,910.21 618,257.80 1,000.00 150,000.00 None 873,686.56 22,966.08 7,525.11 NonP Nonr 1.433.66 Total Assets... . . . . . . . . . . . . . . I 2.034. 77!1.42 LIABILITIES Demand deposita................. I Time depos1ta.................... . Deposita of U.S. Government ..... . D'Ji~T!l~n~f ~~~t~. ~~-~ -~l~t.i~~~ ~~~ Deposita of banks ................ . Other deposits (certified and officers' ~becks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................,. ~~~;l~!...:::::::: ::::::::': ::::: :: Undivided profits................. . Reserves ........................ . 1.116,848.8S 648,261.10 2,750.00 55,319.25 None 2,395.81 None Non" 6,000.00 50,000.00 70,000.00 83,204.41 None Total Liabilities.............. I 2,034,779.42 2 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, 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 Cub, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed ..... . ObJigat;io."!' of States and political aubdtVIBlODB .............. Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ....................... Bank premises owned, furniture and fixtures....................... Real estate owned other than bank premises....................... . Investments and other aaaeta indi- rectly representing bank premises or other real estate ............. . Customen' liability to this bank on acceptances outstanding......... . Other Assets..................... . 329,950.29 437,000.00 88,645.70 60,027.81 3,000.00 565,648.28 7,525.87 None None None None Total Assets..................1 1,491,797.95 LIABILITIES Demand deposita..................1 Time depos1te.................... . Deposita of U. S. Government . . . . . . D':ft~!1~.:~ ~~~~~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 ........................ . 615,579.76 610,581.46 1,510.00 63,384.75 None 3,232.60 None None None 25,000.00 75,000.00 97,509.38 None Total Liabilities. . . . . . . . . . . . . I 1 , 491 ,797.95 STATEMENT Showing condition at the close of business December 31, 1961, 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 Cub, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... I United States Government obligations, direct and guaranteed..... . Obliga~i~"!' of States and political subdiVISions .................. .. Other bonds, notes, and debentures.. Corporate stocks (includiq stock of Federal Reserve Bank).......... . Loans and discounts (iacludiq overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other aaaeta indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 902,558.59 886,717.49 140,877.52 125,685.49 None 932,140.68 59,000.00 None None None 2,417.86 Total Aaaeta .................. 1 3,049,397.63 LIABILITIES Demand deposita..................1 Time deposita.................... . Deposita of U.S. Government ..... . DeJ!OI!i~s of States and political sub- divistons ...................... . 8:c:nJ:~~'t!riiiied ;.;,d ~;fi;~~ checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities................... . ?u.!;!t:!.::::::::::::::::::::::::: Undivided profite................. . Reserves........................ . 1, 710,654.05 776,210.31 59,591.74 170,962.61 34,259.64 10,143.35 None None None 100,000.00 100,000.00 32.575.93 55,000.00 Total Liabilities .............. .$ 3,049,397.63 FORTY-SECOND ANNUAL REPORT 3 STATEMENT Showing condition at the close of business December 31, 1961, of FARMERS & MERCHANTS BANK Adel, Ga. As called for by the Superintendent of Banks DR. J. B. OLIPHANT, 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...... I United States Government obligations, direct and guaranteed ..... . Obliga~io_n~ of States and political SUbdlVJSlODS ... , . , ...... , ...... Other bonds, notes. and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and r fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indi- rectly representing bank premises r or other real ~state ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 383,954.89 653.628.88 None None None 606,324.70 3,921.34 17,500.00 None None None Total Assets................. .1 1,665,329.81 LIABILITIES Demand deposits..................$ Time depostts.................... . Deposits of U.S. Government..... . D~~~!l~n~f- ~~~~~s. ~~~- ~-ol~t.i~~~ ~~~ Deposits of banks ................ . Other deposits (certified and officers' che~ks, etc.) ................... . Bills payable................ : . ... . Acceptances executed by or for ac- count of this bank and outstanding ................ : .......... . Other liabilities................... . ~~;~~!.::::::::::::::::::::::::: Undivided profits, ................ . Reserves ........................ . 828,119.46 517,919.40 None 84,056.14 29,885.711 28,121.84 None None None 50,000.00 115,000.00 12,227.18 None Total Liabilities.............. I I ,665,329.81 STATEMENT Showing condition at tne close of busmess December 31, 1961, 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...... I United States Government obligations, direct and guaranteed ..... . Obliga~io_n~ of States and political SubdtVISIOns ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of I Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . RefLI estate owned other than bank p~ises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on ac.ceptances outstanding......... . Other Assets..................... . Total Assets . . . . . . . . . . . . . . . . . S 198,787 .U4 284,000.00 None None None 11!4,548.14 1.00 None None None None 667,336.18 LIABILITIES Demand deposits.................. S Time depos1ts.................... . Deposits of U.S. Government..... . D~~!!~n~f- ~~~~~s. ~~~- ~~~~~. ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves........................ . 447,276.83 17,491.25 None 98,076.82 32,225.28 5,547.82 None None 2,464.00 30,000.00 20,000.00 14,254.18 None Total Liabilities...............$ 667,336.18 4 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, 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...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io~ of States and political aubdtvtstons ................... . 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..................... . 366,441.64 310,645.14 3,011.56 None None 369,385.91 9,404. 93 Non~ None Nonr 1,021.58 Total Assets................. $ 1,059,910. 7b LIABILITIES Demand deposits... . . . . . . . . . . . . . .$ Time deposits.................... . Deposits of U.S. Government ..... . D'Ji~!1~n~~ ~~~~~s. ~~.~ ~o.l~t.i~~~ ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ae- count of this bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves........................ . 481,270.82 75,1174.34 7,236.95 269,617.34 98,496.00 1,593.54 None None 3,625.00 25,000.00 75,000.00 5,599.65 16,497.12 Total Liabilities.. . . . . . . . . . . . $ 1,059, 910.76 STATEMENT Showing condition at the close of business December 31, 1961, 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 process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political subdivisions ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets. . . . ................ . 244,866.82 890,546.50 201;.247 .04 150,000.00 Nont' 849,261.82 24.413.30 Nonf' 7.014.3-S Total Assets .................. S 2 ,37!.34!1 83 LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... . D~!~n~f. ~~~t~. ~~~. ~~~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 ........................ . 1,010,302.31 647,467.89 8,754.61 2.';9 957 .66 50,000.00 10,128.75 95,000.00 NonP 2!1,341.23 100,000.00 100.000.00 20,3!17 .38 40,000.00 Total Liabilities .............. S 2,371,349 83 FORTY-SECOND ANNUAL REPORT 5 STATEMENT Showing condition at the close of business December 31, 1961, of ALBANY SAVINGS BANK Albany, Ga. As called for by the Superintendent of Banks SPENCER C. WALDEN, JR. President. Date of Charter: 8-21-1950 OSCAR POWELL, Cashier. Began Business: 10-2-1950 ASSETS Cash, balances with other banks, in- cludinf reserve balances, and cash items m process of collection..... I United States Government obligations, direct and guaranteed..... . Obliga~O.Il\' of States and political SUbdiVlSIOns . Other honda, not<-a, 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 oth:"K!:~.~~~~~:::::::::: 191,760.00 175,085.93 420,864.91 None 2.00 2,137' 187.55 70,982.06 None None None 526,96 Total Aaaeta ................I 2,996,409.41 LIABILITIES Demand deposita.................I Time depoe1ta.................... Deposita of U. S. Government . . . . . . DeJ!OI!i~a of States and political sub- diviatona ...................... . Dej)OIIita of banks ................ Other ~ita (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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Other liabilities................. ~:r;f:!.::::::::::::::::::::::::: Undivided profits................ Reserves ....................... None 2' 122 '785 .53 None 25,000.00 50,000.00 None None None 367,631.11 150,000.00 50,000.00 160,992.77 70,000.00 Total Liabilities............. I 2,996,409.41 STATEMENT Showing condition at the close of business December 31, 1961, of THE CITIZENS & SOUTHERN BANK OF ALBANY Albany, Ga. As ealled for by the Superintendent of Banks HOYT D. EDGE, President. Date of Charter: 5-6-1943 ERNEST Z. CROWLEY, JR. Cashier Began Business: 6-1-1943 ASSETS Cash, balances with other banks, in- eluding reserve balances, and cash items in process of collection ...... $ 4.207.672. 13 United States Government obliga- tions, direct and guaranteed . . . . . 7, 353,002. 53 Obligations of States and political aubdivisions . . . . . 2, 3.';6, 113. 77 Other bonds. notes, and debenturrs. . 30,000.00 Corporate stocks (including stock of Federal Reserve Bank).... . . . . . 18,000.00 Loans and di~counts (including over- drafts).. . . . . . . . . . . . .. . . 15,402.668.86 Bank premises owned, furniture and fixtures..... . . . . . . 270,1.50. I I Real estate owned other than bank premises.... . . . . . . . . . 188.817.05 Investments and othf'r assets indi- rectly rcprf"srnting bank premises or other TC"al f'~tat<'.. . .'iOO,fXJO.OO Custonurs' liahility to thi~ hank on accrptan('f>S outstandin~. ~onf> Other Assets 13!; .056. 7!; Total Assets. ~ :!0.461 .481 20 LIABILITIES Demand deposits ................. S 14 '161 ,934.83 Time depos1ts ................... . 7,403,218.98 Deposits of (;. S. Government . . . . . . 681,716.72 Deposits of States and political sub- divisions ............. . l ,619,327.60 Deposits of banks ................ . 2,268,532.82 Other deposits (certified and officers' rhecks. etc.) ... 275.924.56 Bills pa~able. . . .............. . None Acct'ptanc-C's executed by or for ac- rount of this bank and outstand- ing ........ . None Other liabilities .. . 960. J20.ll Capital. .. . I ,000.000.00 }:.urplus .... . 1.000.000.00 Pndivided profits. 678,766.02 Resenes. 41 I .939.56 Total Liabiliti'~ $ 30,461.481 20 6 DEPARTMENT OF BANKING STATEMENT Showing condition at the c:lose of business December 31, 1961, of ftRST STATE BANK A: TRUST COMPANY Albany, Ga. As called for by the Superintendent of Banks J. R. PINKSTON, President. Date of Charter: 3-31-1961 A. T. FLOWERS, Cashier. Began Business: 3-31-1961 ASSETS Caah, balances with other banks, in- c!~ reserve balances, and cash items tn proceas of collection...... S 4,963,278.19 United States Government obliga- tions, direct and guaranteed..... . 5,720,626.67 O~'!f:lt:o:,t -~~~~. ~~- -~~i~~~ 1,074,380.29 Other bonds, notes, and debentures.. 30,000.00 Corporate stocks {including stock of Fed<>ral Reserve Bank) . . . . . . . . . . . None Loans and diacounta {including over- drafts) ........................ . 11,087.771.02 Bank premises owned, furniture and fixtures ........................ . 471,514.90 Real estate owned other than bank premises.................. : . ... . 212.05 Investments and other assets indi- rectly representing bank premises or other real estate ............. . 100,000.00 Customers' liability to this bank on acceptances outstanding......... . None Other Assets..................... . 146,012.98 Total Assets .................. S 23,593,796.10 LIABILITIES Demand deposita..................S Time depoalta.................... . Deposita of U.S. Government..... . De~!1~n~f. ~~~~~. ~~~- ~-l~t.i~~ ~~~ De_posita 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................... . ~:r;f:!.::: :: :: :: ::::::: ::::: ::: : Undivided profits................. . Reserves........................ . 9,700,446.00 6,770,519.64 1,066,250.86 1,893,797.01 1,085,874. 70 95,3.~7 .34 None None 795,507.05 725,000.00 975,000.00 261,043.50 225,000.00 Total Liabilities.............. S 23,593,796.10 STATEMENT Showing condition at the c:lose of business December 31, 1961, of THE FOUR COUNTY BANK Allentown, Ga. As c:alled for by the Superintendent of Banks A. T. LAND, President. Date of Charter: 8-18-1941 JOHN E. FREEMAN, Cashier. Began Business: 9-15-1941 ASSETS Cash, balances with other banks, in- cludi~ reserve balances, and cash itemstn process of collection...... S United States Government obligations, direct and guaranteed. . . . . . O~!f!l;~~~on'::. -~~~~. ~~~- -~~i~~~-l Other bonds, not<'s, and debentures.. Corporate stocks {including stock of Federal Reserve Bank) .......... . Loans and discounts {including over- drafts)......................... Bank premises owned, furniture and fixtures......................... Ileal estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . . Investments and other assets indi- rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets... . . . . . . . . . . . . . . . . . . . 433,864.54 8.~4 ,515. 94 None 154,812.50 None 1,115,408.35 53,217.76 None None None None TotalAaaeta.................. S 2,611,819.09 LIABILITIES Demand deposita..................S Time depoatta.................... . Deposita of U.S. Government ..... . D~!l~n~f. ~~~~~- ~~- ~~t.i~~ ~~~ De_poaita of banks . . . . . . . . . . . . . . . . . Other deposita {certified and officers' checks, etc.) ................... . Billa payable. :.. ................ .. Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities................... . ~:r;f:!.::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 876,205.61 967,441.38 12,879.11 435,499.72 42,249.68 2,421.70 None None 22,349.61 50,000.00 125,000.00 57,968.98 19,803.30 Total Liabilities.............. s 2,611,819.09 FORTY-SECOND ANNUAL REPORT 7 STATEMENT Showing condition at the close of business December 31, 1961, of ALMA EXCHANGE BANK Alma, Ga. As called for by the Superintendent of Banks VALENE BENNETT, President. Date of Charter: 9-30-1939 E. P. LEE, Cashier. Began Business: 10-14-1939 ASSETS Cash, balances with other banks, in- cluclinjr reserve balanC4'8, and cash items 1n procese of collection. . . . . I United States Government obliga. tiona, direct and guaranteed...... 0~~~':lo:1..~~~. ~~..~~i~~~ Other bonds, notes, and debentures. . Col]IOrate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including over- drafts). . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and fixtures..... . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premieea........................ Investments and other assets indi- rectly representing bank premises or otber real estate. . . . . . . . . . . . . . Customers' liability to this bank on aeceptances outstanding. . . . . . . . . . Other Aaaete. . . . . . . . . . . . . . . . . . . . . 599,859.27 686,642.86 71,257.00 299,953. 13 None I ,355 ,999. 90 40,000.00 None None None 2,625 .50 TotalAaaete ............... 1 3,056,337.66 LIABILITIES Demand depoaits................. I Time depoa1ts................... Deposits of U.S. Government..... . D~!~~n~f. ~~~~. ~~~. ~!~t.i~~~ ~~~ Deposits of banks................ . Other deposits (certified and officers checks, etc.) ................... . Bills payable..................... . Acceptances executt'd by or for ac- count of this bank and outstanding........................... . Other liabilities................... Capital.......................... . Surplus ......................... . Undivided profits................. Reserves ...................... 1,006,31:1.09 1,223,539. 98 44,672.44 310,205.71 201,002.18 30,312.50 None None None 125.000.00 75,900.00 24,392.76 15,000.00 Total Liabilities.............. 1 3,056,337.66 STATEMENT Showing condition at the elose of business December 31, 1961, of CITIZENS STATE BANK Alma, Ga. As called for by the Superintendent of Banks H. T. LEE, President. Date of Charter: 4-2-1951 ALBERT A. PITTS, Cashier. Began Business: 5-1-1951 ASSETS Cub, balances with other banks, in- cluding reserve balan..,., and cash items in procese of collection...... I United States Government obliga. tiona, direct and guaranteed ..... . Obliga~io.n~ of States and political aubcbvtalona . .................. . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) ........ , .. Loane and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premieea....................... . Investments and other assets indirectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaets ..................... . 642,102.34 811,297 .so 319,554.55 None None 957,348.71 2.00 None None None 107.75 Total Aaaete ................. I 2 ,730,412. 85 LIABILITIES Demand depoaits................. I Time deposits.................... Deposits of U. S. Government ..... DeJ!O!i\s of States and political sub- divisous ...................... . Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... A~ceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities................... . ~::;!f:!:::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 991,931.32 1,200,312.97 10,394.08 304,350.80 None 6,880.87 None None 106.29 50,000.00 50,000.00 41,436.52 75,000.00 Total Liabilities........... I 2,730,412.85 ~8_ _ _ _ _ _ _ _ _D_E_PARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of CITIZENS BANK OF ALPHARETTA Alpharetta, Ga. As called for by the Superintendent of Banks W. W. HARRISON, President. Date of Charter: 2-6-1920 W. W. HARRISON, Cashier. Began Business: 4-12-1920 ASSETS Cash, balances with other banks, in- cludi~ reserve balances, and cash items 1n proceBB of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga\io."'! of States and political 8UbdiVJSIOR8 . ............ Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discount& (including over- draft&) ........................ . Bank premises owned, furniture and fixturee........................ . Real estate owned other than bank premises....................... . Investment& and other &BBeto indi- rectly representing bank premises or other real estate............. . Customers liability to this bank on acceptances outstanding......... . Other Asset&..................... . 281,759.24 391,914.13 1,335.95 None None 690,882.94 36,142.90 None None None 4,188.06 Total ABBeta.................. S 1 , 406 ,223. 22 LIABILITIES Demand depooito................. S Time deposito.................... . Deposits of U.S. Government..... . D':ll~!l~n~f. ~~~- ~~~- ~-l~t.i~~~ ~~~ Depooito of banks ................ . Other depooits (certified and officers' checko, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outotanding........................... . Other liabilities................... . ~:~~f:!.::: ::::::: :: :: ::::: :::: :: Undivided profit&................. . Reserves........................ . 592,986.39 209,191.42 26,470.17 223,016.43 181,379.58 23,110.52 None None 20,170.01 100,100.00 20,000.00 9,798.70 None Total Liabilities.............. S 1,406,223.22 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF COMMERCE Americus, Ga. As called for by the Superintendent of Banks CHARLES F. CRISP, President. Date of Charter: 10-13-1891 H. P. ANDERSON, Cashier. Began Business: 1-2-1892 ASSETS Cash, balancee with other banks, in- cludillJ reaerve balances, and cash itema 10 proceae of collection...... S 1 , 422,055 .44 United States Government oblica- . tions. direct and guaranteed...... 2,153,595.84 Ob~=~:o:l. -~~~. ~~- ~~i~~~~ 1,862.744. 66 Other bonds, notes, and debentures. . 400,906.25 Corporate etocks (includina atock of Federal Reserve Bank)........... None Loans and discount& (includina over- draft&)......................... 2,493,287. 96 Bank premises owned, furniture and fixturee......................... 127,528.16 Real estate owned other than bank premiaea..... . . . . . . . . . . . . . . . . . . . None Investment& and other &BBeta indi- rectly ~reeenting bank premises or other real estate. . . . . . . . . . . . . . None Customers' liability to thia bank on acceptances outotandina...... . . . . None Other Assets...................... None TotaiABBeta.................. s 8,460,118.31 LIABILITIES Demand depoeita................ I Time depos1ta.................... Deposita of U.S. Government..... De~i! of States and political aub- diviatona ...................... . Deposito of banks ................ . Other dePQBita (certified and officers' checks, etc.) ................... . Bille payable..................... Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilitiea................... . ~:;!f:!.::: :::: ::: :: ::: :: :::: :::: Undivided profits................. Reservea ........................ . 4,079,149.05 2,142,665.71 88,457.64 828,718.67 179,356.51 31,593.36 None None None 200,000.00 300,000.00 231,177.37 379,000.00 Total Liabilities.............. $ 8,460,118.31 FORTY-SECOND ANNUAL REPORT 9 STATEMENT Showing condition at the dose of business December 31, 1961, of CITIZENS BANK OF AMERICUS Americus, Ga. As called for by the Superintendent of Banks S. R. HUNTER, President. Date of Charter: 2-20-1937 M. E. FERGUSON, Cashier. Began Business: 3-25-1937 ASSETS Caah, balance.e with other ba"ka, in- cludiDfi: reserve balance.e, and caah itemsm proceas of collection...... $ United States Government oblip. tiona, direct and guaranteed ..... . Obliaa~io_n~ of States and political IUWiV1810D8 . ..... , .......... Other bonds, notes, and debentures.. Corporate stocks (JBcluding stock of Federal Reserve Bank) .......... . Loans and discount& (including over- draft&) ........................ . 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 acceptancea outstanding......... Other ABBete..................... . 941,329.69 1,768.096.08 978,480.70 100.000.00 None 3,992,544.24 20,936.82 NonP Nont None 4,067.72 Total ABBete .................. $ 7,805,455.25 LIABILITIES Demand deP.'*ta............. $ Time depos1te.................. Deposita of U. 8. Government ... nec;!I~n~f. ~~~- ~~- ~-~~~ ~~ Deposit.& 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................ SCuarppiltuasl .............. . ... .. .... .. . Undivided profits................. Reserves ........................ 4,228,450.8.~ 1,795,353.51 165,117.15 894,787.90 None 23,264.43 None None 59,263.84 200,000.00 200,000.00 55,869.83 183,347.74 Total Liabilities.. . . . . . . . . . . .. $ 7 ,805, 455 . 25 STATEMENT Showing condition at the c:lose of business December 31, 1961, of BOSTWICK BANKING COMPANY Arlington, Ga. As called for by the Superintendent of Banks W. E. BOSTWICK, President. Date of Charter: R-27-1935 CARL CLEMENTS, Cashier. Began Business: 3-1-1936 ASSETS Cash, balances with other banks, in- cludiDfi: reservn balances, and cash items 1B process of collection. . . . . . $ United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political 8UbdlVI810D8 . ............... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and diacounte (including 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 I'State ............. . Customers' liability to this bank on acceptances outstanding......... Other ABBete ..................... . 158,778.71 235,095.00 Non<' 48.000.00 None 571,676.32 1.854.65 None Nont' None None Total ABBete.................. $ 1,015,404.68 LIABILITIES Demand deposita.................. $ Time deposits.................... . Deposits of U.S. Government ..... . D';Wv"~l:n~f. ~~~~~. ~~~- ~..~~~~~. ~~~ Dej)Oitits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers' ~becks, etc.) ................... . Bills payable.................... .. Acceptances executed by or for ac- count of this bank and outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . Other liabilities.................. . ~:~~!.:::: ::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 726,622.67 96,658.18 11,515.74 44,111.32 None None None None 1,500.00 15,000.00 96,000.00 10,847.97 13,148.80 Total Liabilities.............. $ 1,015,404.68 10 DEPARTMENT OF BA_N_K_I_N-'G"---------- STATEMENT Showing condition at the close of business December 31, 1961, of ASHBURN BANK Ashburn, Ga. As called for by the Superintendent of Banks H. C. BARBER, JR., President. Date of Charter: 7-3-1900 VIRGIL JONES, Cashier. Began Business: 7-1900 ASSETS Cash, balancea with other banks. in- eluding rl'llerve lmlanc.a, and caah items in proceea of collection......:$ United States Government obliptions, direct and guaranteed . . . . . . 0~~Y~ro:. -~~~. ~~-. ~~~~ Other bonda, notes, and debentures. . Corporate stocks (including stock of Federal Reserve Buk)........... Loans and discounts (including over- drafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other th&n bank premieea..... . . . . . . . . . . . . . . . . . . . Investments and other uaets indi- rectly reprl'lleDting bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this b&ok on """"'Ptancea outet&Ddiog.......... Other Aaaeta. . . . . . . . . . . . . . . . . . 717 , 926 .21 1 ,287 ,463 .50 185,131.95 200,000.00 None 1,831,363.03 61,427.22 991 ,09 None None 614. 84 Total Aaaete .............. I 4,284,917.84 s UABIUTIES Dem&nd di!P."''ite................. . Time depoonta.................... Deposita of U.S. Government ..... . D'rJ!t:..~~ ~~~~':". ~~- ~-~t~~~ ~~~ Th>J)Osita of b&oka ................ . Other deposita (certified &nd officers' cheeks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this b&ok and outet&Ddin& ........................... . Other liabilities.................. . ?pif:!:::::::::::::::::::::::::: u':.tvided profits................. . Reserves ..... 1,784,622.64 1,591,795.03 102,963.54 383,070.27 1,538.49 7,841.56 None None 34,372.59 100,000.00 100,000.00 178,713.72 Non<' Total Liabilities.............. $ 4,284,917.84 STATEMENT Showing condition at the close of business December 31, 1961, of THE CITIZENS BANK OF ASHBURN Ashburn, Ga. As called for by the Superintendent of Banks JAMES H. PATE, President. Date of Charter: 7-27-1905 GREER MONROE, Cashier. Began Business: 10-25-1905 ASSETS Cash, balances with other b&oka, in- cludiDJ reserve balances, and cash items 1n proceaa of collection...... I United States Government obligatiooa, direct &nd gu&r&oteed . . . . . . Oblip~i~Jl!l of States and political BUbd.iVl8tOD8 ..... Other bonds, notes, and debentures.. Corporate stocks (includin& stock of Federal Reserve B&ok) . . . . . . . . . . . Loaoa and discounts (includiog over- drafts) ........................ . Bank premises owned, furniture and fixtures........................ Renl estate owned other than bank premieea....................... . Investments and other uaeta indi- rectly representing bank premises or other real estate ............. . Customers' liability to this bank on accept&Dcea outet&Ddiog......... . Other Aaaete..................... Total Aaaete. . . . . . . . . I 624,268.39 1,347,525.00 50,000.00 10,000.<10 None 1,240,340.80 74,489.97 3,100.00 None None None 3 ,349, 724 . 16 UABIUTIES I Demand deJlOBite............ Time depoa1te.................... . Deposita of U.S. Government ..... . De~i! of States and political aub- divietona ...................... . Deposita of banks ................ . Otlier deposita (certified and officers' cheeks, etc.) ................... . Billa payable.................. Acceptancea executed by or for ao- count of this bank and outat&Dding........................... . Other liabilities ................. ~~~:!::::::::::::::::::::::::: :. Undivided profits................. Reserves ................... 1.328,929.71 1,528,067.13 9,777.15 198,579.09 14,733.15 17,451.61 None None None 75,000.00 100,000.00 82,186.22 None Total Liabilities.......... $ 3, 349, 724. 16 FORTY-SECOND ANNUAL REP-O-RT- - - - - 11 STATEMENT Showing condition at the close of busineu Decemht!r 31, 1961, of HUBERT STATE BANK Athens, Ga. As called for by the Superintendent of Banks CLARENCE R. McLANAHAN, President. Date of Charter: 9-24-1949 SHELBY M. CALLAWAY, Cashier. Began Business: 11-1-1949 ASSETS Caeh, balances with other banks, in- clu~ reseJ"Ve balances, and cash itema m proceas of collection ...... S 584,999.50 UDited States Government obliga.. tiona, direct and guaranteed ..... . 1.212,556.51 Ob~=o::..~~~. ~~..~~~i-~ 448,337.65 Other bonda, notes, and debentures.. None Co!Porate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts (including over- drafts) ........................ . 1,811,645.01 Bank premiaea owned, furDiture and fillturea........................ . 21,661.29 Real estate owned other than bank prem~....................... . None Investments and other aaaeta indi- rectly repreaenting bank premises or other real estate............. . None Customers' liability to thia bank on aceept.ancea outatandinc......... . None - - - - - - Other Aaeta..................... 2,091. 95 TotsiAeaeta............. s 4,081,291.91 Demand deposita .. LIABILITIES .............. . s Time depoa1ta................. Deposita of U. 8. Government . . . . . . DeP.CJ!i! of States and political aub- divialons ...................... . Deposita of banka................ . Otlier deposita (certified and oflicera' checks, etc.) ................... . Billa payable.................. Acceptances eJ:ecuted by or for ..,_ count of thia bank and outstand- ing ........................... Other liabilities................. ~:;~. ::::::::::::::::::::::::: Undivided profits............... Reserves ..................... 1,978,569.79 1,120,410.24 43,799.51 600,582.48 None 11,905.44 None None 92,986.09 100,000.00 100,000.00 33,038.36 None Total Liabilities.......... :s 4,081,291.91 STATEMENT Showing condition at the close of busineu December 31, 1961, of THE BANK OF GEORGIA Atlanta, Ga. As called for by the Superintendent of Banks JOSEPH E. BIRNIE, President. Date of Charter: 11-27-1933 R. WINSTON CAGLE, Cashier. Began BusineBS: 12-5-1933 ASSETS Caeh, balanoea with other banks, in- cludin,: reserve balanoea, and caab itema 1n proceas of collection. . . . . S 8 ,452 , 804 . 15 UDited States Government obliga- tions, direct and guaranteed...... 8,188, 791.29 .. <:,~~'!To:: ~~~. ~~.~~~~ 1,382, 942. 96 Other bonda, notes, and debentures.. None Co!Porate stocks (including stock of Federal Reserve Bank) ....... .... 107,500.00 Loans and diaoounta (including over- drafts) . . . . . . . . . . . . . . . . . . . . . . . . . 26 433 836 .30 Bank premlaes owned, furniture and fillturea......................... 1,065,374.87 Real estate owned other than bank premises........................ None Investments and other aaaeta indi- rectly representing bank premises or other real estate.............. None Customers' liability to thia bank on acceptanoea outstanding. . . . . . . . . . None Other .Aaaeta. . . . . . . . . . . . . . . . . . . . . . 623,226.87 Total Aeaeta. . . . . . . . . . . . . . . . S 46, 254,476. 44 LIABILITIES Demand deposita................ S 18,987,514.35 Time deposita.................... 14,022,563.54 Deposita of U. S. Government. . . . 1,024, 635. 35 DeJ!O'!'i~a of States and political aub- divialona. . . . . . . . . . . . . . . . . . . . . . . 5,589,391.36 DeJ)OIIita of banks. . . . . . . . . . . . . . . . . 146, 364 .41 Other deposita (certified and officers' checks, etc.) ................... . 342,450.89 Billa payable..................... . None Acceptances executed by or for so- count of thia bank and outstand- ing........................... . Non<' Other liabilities................... . 2,377,468.88 ~::!.::: ::: ::: :: :::::::::::::: 1,300,000.00 2,000.000.00 Undivided profits................. . 364,087.66 Reserves ........................ 100,000.00 Total Liabilities............ S 46,254,476.44 12 DEPARTMENT OF BANKING=----------- STATEMENT Showing condition at the close of business Uecember 31, 1961, of THE CITIZENS & SOUTHERN BANK OF ATLANTA Atlanta, Ga. As called 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 Cub, balancee with other banke, in- cludinf! reeerve balancee, and cub itema1n pr00e11 of collection...... $ 7 ,516,165.92 United Statea Government obliga- tiona, direct and guaranteed ..... . 7,348,437.91 Obli&a~io_~ of Statea and political au"bdinaJons . .................. . 2,878,138.10 Other honda, notea, and debenturee .. 80,136.19 Corporate atocks (including etock of Federal Reserve Bank) .......... . None Loana and diacounta (includin& over- drafts) ........................ . 23,577,596.08 Bank premises owned, furniture and fixturee........................ . 838,192.39 Real eetate owned other than bank premieee....................... . None Investments and other aueta indi- :0!~\e~::fe:~~. ~. ~.~~~ 200,000.00 Cuetomera' liability to this bank on acceptances outstanding......... . 12,542.06 Other Aaaeta..................... . 88,043.12 Total Assets. . . . . . . . . . . . . . . . . $ 42 ,539 ,251. 77 LIABILITIES Demand deJ>OBitB................. $ 22,965,113.45 Timedepoa1ts..................... 12,850,419.88 Depceitaof U.S. Government...... 453,071.35 Drv~~n~f. ~~~- ~~~ ~~~~i~~ ~~~ 314,868.04 Deposita of banke................. 447,669.81 Other depceita (certified and officers' checks, etc.) ................... . 204,299.19 Billa payable..................... . None Acceptances eldivtaaona . .................. . Other bonde, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loeoa and discounts (including over- drafts) ........................ . Bank premiaea owned, furniture and &zturea....................... .. Real estate owned other than bank premiaea....................... . &vestments and other aueta indi- rectly representing bank premiaea or other real estate ............ .. Customers' liability to tbia bank on acceptances outstanding......... . Other..Aaaeta..................... . 766,563.89 2,260,066. 90 392,648.93 799,858.55 None 4,291,759.22 49,768.31 None None None 43,677.33 Total Aaaeta .................. $ 8,604,343.13 LIABILITIES Demand depoaita................. S Time deposita.................... . Deposita of U.S. Government ..... . DeJ!O'!i!-B of States and political au~ diviaona ...................... . Deposita of banks ............... .. Otlier deposita (certified and officers' checks, etc.) .................. .. Billa payable..................... . Acceptances executed by or for ao- count of thia bank and outstanding ........................... . Other liabilities................... . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reaervea ........................ . 2,762,412.37 4. 740,881.94 26,434.20 39,500.00 None 23,005.99 None None 100,710.97 200,000.00 200,000.00 52,473.17 458,924.49 Total Liabilities.............. S 8,604,343.13 14 DEPARTMENT OF BANKING--------- STATEMENT Showing condition at the close of business December 31, 1961, 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 Cub, balances with other banks, in- cludinll reserve balances, and caab itema 1n process of collection...... $ UDited States Government obliga tiona, direct and guaranteed ..... . 0~~0:.:. -~t_a~. ~~-~. ~~i~~o:-:' Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ..................... Bank premises owned, furaiture 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 .................. $ 38,909.60 None None None None 826,535.32 314.31 None None None 394.25 866,153.48 LIABILITIES Demand deposita................. $ Time depoelta.................... . Deposita of U.S. Government ..... . DeJl~t!n~f- ~~~~a- ~~- ~-l~t!~~~ ~~~ Deposita of banks................ . Other deposita (certified and officers' checks, et.c.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . .:: ::::::::::::: :: ::: :: :: Other liabilities................... . ~:r~r:!. Undivided profits................. . Reserves....................... 399,000.00 None None None None None None None 10,013.48 100,000.00 20,000.00 271,695.18 65,444.82 Total Liabilities.............. $ 866,153.48 STATEMENT Showing condition at the close of businesa December 31, 1961, of SOUTH SIDE ATLANTA BANK Atlanta, Ga. As called for by the Superintendent of Bank11 B. B. THOMPSON, President. Date of Charter: 1-31-1912 R. RUSSELL HIGHTOWER, Cashier. ' Began Business: 7-1-1929 ASSETS Cash, balances with other hanks, in- cluding reserve balan~es, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . ObliRSt_io_n~ of States and political subdtvtstons .................... . Other bonds, notes, and debentures.. Corporate stocks (including stork of Federal Reserve Bank) .......... . Loans and discounts (inc!uding overdrafts) ........................ . Bank premises owned, furniture and fixtures ........... - .... --.--- - Real estate owned other than bank premia~s....................... . Investments and otber assets indirectly representing bank premiers or other real estate ............. . Customers' liability to this bank on aeeeptan~es outstanding ......... . Other Assets..................... . 1,198,751.39 3.468,201. 70 330,737.16 25,000.00 None 3,913,930.62 70,625.82 None 75,000.00 None 4,513.76 Total Assets.................. $ 9,086,760.45 LIABILITli'S Dcmnncl deposits. . . . . . . . . . . . . . . . . $ Time deposits.............. . Deposits of l'. S. Government ..... . Ddi~i!t~n~f. ~~~~~s. ~~~. ~.o.l~t.i~~~. ~~~~ Deposits of l'anks. . . . . . . . . . . . . ... Other deposits (certif.cd and officers' rherks, Ptr.) ................... . Bills payable.................... . Acr.eptancrs e'te<>uted by or for ac- count of this bank and outstanding ..................... . O~:trh~e:r:!liab.i.l:it:ie:s:.:.:.:.:.:.:........:.:.::. :::::: Undivided profits............ . Reserves ........................ . 3,6ll,570.17 3.539,322.55 82,029.89 618,674.51 321,566.21 33,420.92 None None 142,604.80 300,000.00 200,000.00 237,571.40 None Total Liabilities.............. $ 9,086,760.45 -------------------F-O-R-T-Y---S-ECOND ANNUAL REPORT 15 ------------------~~ STATEMENT Showing condition at the elose of business December 31, 1961, of TRUST COMPANY OF GEORGIA Atlanta, Ga. As called for by the Superintendent of Banks GEO. S. CRAFT, STEVE H. BOMAR, President. Senior V. Pres. & Treas. Date of Charter: 9-21-1891 Began Business: 11-8-1891 ========-=-=-----~--==-=-=-=---- ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection .... .". $ 68,317,000.28 United States Government obliga- tions, direct and guaranteed...... 43,615,605.92 Obligat.io.n~ of States and political subdiVISIOns .. , , , . . . . . . . . . . . . . . . 14,427,198.36 Other bonds, notes, and debentures.. None Corporate stocks (including stock of Federal Reserve Bank) .......... . 640,000.00 Loans and discounta (including over- drafta) . . . . . . . . . . . . . . . . . . . . . . . . . 128,417,325.79 Bank premises owned, furniture and fixtures......................... 5,084,589.86 Real estate owned other than bank premises....................... . None Investments and other assets indi- ~~c!~~e~e:':..i'::~~!. ~~~~- -~~~is~~ None Customera' liability to this bank on acceptances outstanding......... . 221,696.76 - - - - - - - Other Asaets..................... . 2,009,399.72 Total Assets . . . . . . . . . . . . . . . . . $262, 732, 906 .69 LIABILITIES Demand deposits................. .$l28,695,Ua2.56 Time deposits..................... 36,560,266.77 Deposits of U. 8. Government...... 10,154,615.22 Deposita of States and political sub- divisions ....................... 22,042,895.08 DPposits of banks................. 34,465,746.46 Other deposita (rertified and officers' checks, ~tc.).................... 3,526,399.87 Bills payable....................... None Acceptances executffi by or for ac- count of this bank and outstand- ing ........................... . 221,696. 76" Other liabilities................... . 3,079 '754 .25 ~:r~:~!. ::: :: ::: ::: ::::: :: :::: :: : 5,000,000.00 15,000,000.00 Undivided profits ................. . 1,639,319.37 Reserves ........................ . 2,347' 180.35 Total Liabilities.............. $262,732,906.69 STATEMENT Showing condition at the elose of business December 31, 1961, of GEORGIA RAILROAD BANK & TRUST COl\fPANY Augusta, Ga. As called for by the Superintendent of Banks SHERMAN DRAWDY, President. Date of Charter: 11-15-1892 W. A. ROSSIGNOL, Cashier. Began Business: 12-31-1892 ASSETS Caab, balances with other banks, in- cludinjr reserve balances, and cash itemun process of oollection...... $ 15,409,366.49 United States Government obli&a- tiona, direct and guaranteed...... 14,046,273.72 0~~~.;1. -~~~-~~--~~~~~ 6,685,265.15 Other bonds, notes, and debentures. . None Corporate stocka (mcluding stock of Federal Reserve Bank) .......... . 135,000.00 Loans and diacounts (including over- drafts) ........................ . 34,599,112.46 Bank premiaeo owned, furniture and fiztures........................ . 1,169,821.46 Beai estate owned other than bank premiaeo....................... 27,965.44 Investments and other assets indi- rectly repreaentinc bank premiaes or other real estate............. . None Customera' liability to thill bank on acceptances outstanding.......... 78,948.72 Other Assets...................... 325,270.46 TotaiAsaets.................. $ 72.477,023.90 LIABILITIES Demand deposits................. $ 23,741,100.61 Time depoa1ts.. :.................. 21,039,175.22 Deposits of U.S. Government...... 2,123,616.19 De.ll:!~f. ~~~ ~~ ~~~~ ~~ 8,469,822.02 Dej)08its of banks. . . . . . . . . . . . . . . . 9 , 130, 653. 89 Other deposits (certified and oflicen' checks, etc.) ................... . 238,369.06 Billa payable..................... . None Acceptances executed by or for ac- count of this bank and outstand- ing........................... . 78,948.72 Other liabilities................... . 2,322,939.44 ~:pif:!....:::::::::::::::::::::::: 2,250,000.00 2' 250' 000.00 un'divided profits................. . 832,398.75 Reserves ....................... .. None Total Liabilities.............. I 72,477,023.90 16 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of REALTY SAVINGS BANK Augusta, Ga. As c:alled for by the Superintendent of Banks J. LEE ETHERIDGE, JR., President. Date of Charter: 12-23-1933 ED SHEPPARD, Cashier. Began Business: 12-23-1933 ASSETS Cub, balances with other banks, in- cluding reserve balances, and cash items in process of colleetion...... $ United States Government obligations, direet and guaranteed ..... . Obliga~io~ of States and political 8UbdiVl810n& ...... Other bonds, notes, and debentures.. Corporate stocks (including stork of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indi- reetly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 279,862.49 679,656.27 1,176,542.60 None None 4. 766,428.38 24,228.24 24,233.75 3,562.64 None 11,917.80 Total Aasets . . . . . . . . . . . . . . . . . $ 6 , 966. 4:12 . 17 LIABILITIES Demand deposita.................. $ Time depos1ts.................... . Deposits of U.S. Government..... . DeJ!"!i~s of States and political sub- divJsaona ...................... . Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . ::: ::::::: ::::: :::::::::: Other liabilities................... . ~:r~t:!. Undivided profits................. . Reserves ........................ . 19,048.32 5,439,350.18 4,684.23 258,272.76 None None None None 467.22 200,000.00 300,000.00 744,609.46 None Total Liabilities............... $ 6,966,432.17 STATEMENT Showing condition at the c:lose of business December 31, 1961, of RICHMOND COUNTY BANK Augusta, Ga. As called for by the Superintendent of Banks BARNEY L. JORDAN, President. Date of Charter: 5-25-1955 HENRY B. McNORRILL, Cashier. Began Business: 11-18-1955 ASSETS Cub, balances with other banks, in- cludinjl reserve balances, and caab items 1n proceaa of collection. . . . . $ United States Government obligations, direet and guaranteed ..... . Obliga_~i~n~ of States and political 8UbdiVJ810D8. , , , , . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other aaaeta indi- reetly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aasets..................... 567,954.56 847,723.61 232,597.43 None None 1,289,751.45 63,443.84 None None None 21,148.66 Total Aasets............. . $ 3,022,619.75 LIABILITIES Demand deposits................. $ Time depos1ts.................... . Deposita of U.S. Government..... . De~i~a of States and political sub- divisions ...................... Deposits of banks................ . Other deposita (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances exeeuted by or for ac- count of this bank and outstanding........................... . Other liabilities .................. . ~:~t:!....:::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 951,785.22 615,474.59 9,576.68 234,960.90 812,410.69 29,157.52 None None 114,808.55 100,000.00 60,000.00 44,445.60 50,000.00 Total Liabilities........... $ 3,022,619.75 FORTY-SECOND ANNUAL REPORT 17 STATEMENT Showing condition at the close of business December 31, 1961, of AUSTELL BANK Austell, Ga. As called for by the Superintendent of Banks MRS. FLORENCE M. CHILDS, President. Date of Charter: 1-3-1910 WALTER M. MILLS~ Cashier. Began Business: 1-10-1910 ASSETS _ Caah, balances with other banks, including reserve balances, and cash items in proceso of collection. . . . . . S United States Government obligations, direct and guaranteed ..... . 0~~\~i:.fon".:..~t~~~~. ~~~.. ~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 premiaea....................... . lnveatmento and other asoeta indi- rectly representing hank premises or other real estate............. . Cuatomers' liability to this bank on acceptances outstanding......... . Other Aaaets..................... . 1,114,568.46 1,874,316.07 756,990.70 269,825.00 None 1,882,142.01 73,314.39 None None None 386.45 Total Aaaeta .................. S 5,973, 543.08 LIABILITIES Demand deposita................. S Time depostta.................... . Deposits of U.S. Government ..... . D'Jfv'l!\~n~f. ~~~te.. ~~~. ~l~t.i~~~ ~~~ Deposito of banks ................ . Other deposita (certified and officers' checko, etc.) ................... . Billa payable..................... . Acreptanceo executed by or for ac- count of thia bank and outstanding........................... . Other liabilities .................. . ~.~r;t~!:::::::::::::::::::::::::: Undivided profits................. . Reserveo ........................ . 3,051,192.26 2,316,248.84 48,364.90 145,937.25 None 20,261.99 None None 10,500.00 150,000.00 125,000.00 106,037.84 None Total Liabilities............. S 5,973,543.08 STATEMENT Showing condition at the close of business December 31, 1961, of THE CITIZENS AND SOUTHERN DEKALB BANK Avondale Estates, Ga. As called for by the Superintendent of Banks EUGENE T. JOHNSON, President. Date of Charter: 11-16-1948 WILLIAM D. SKINNER, Cashier. Began Business: 8-18-1949 ASSETS Cash, balances with other banks, in- cludinj( reserve balances, and cash itemstn proceaa of collection...... $ United States Government obligationo, direct and guaranteed ..... . Obli3a~i~n~ of States and political eubdiVIBtona . .................. . Other bonds, notes, and debentures.. Corporate otocko (including stock of Federal Reserve Bank) ........ .. . Loans and diacounta (including overdraft) ........................ . Bank premiaeo owned, furniture and fixtures ........................ . Real estate owned other than bank premiaeo....................... . Inveatmento and other aaaeto indi- ~':'!ll.e~e::-:l':~:!~:. ~~~k- .~~IDi.~ Cuatomero' liability to this bank on acceptances outstanding......... . Other Aaaeto..................... . 697,406.05 1,344,855.52 203,894.15 50,000.00 3,000.00 2,249,906.58 36,236.52 None 50,000.00 None 10,307.85 Total Asseto................. I 4,645,606.67 LIABILITIES Demand deposita.................. S Time depostto.................... . Deposita of U. S. Government ..... . Del~!~~.:~ ~~~~ ~~. ~.l~t.i~~ ~~~ Deposita of hanks................ . Other deposita (certified and officers cbecke, etc.) ................... . Bills payable.......... .'.......... . Acceptance executed by or for ac> count of thia bank and outatand ing ........................... . Other liabilitieo .................. . ~:r~l:!.:.: :: :: ::::: :::::: ::::: :: Undivided profits................. . Reaerveo ........................ . 2,553,226.22 1,202,062.40 68,852.83 56,10!;.87 None 23,322.85 None None 274,672.79 200,000.00 100,000.00 98,273.79 69,089.92 Total Liabilities............. S 4,645,606.67 18 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, of THE CITIZENS BANK AND TRUST COMPANY Bainbridge, Ga. As ealled for by the Superintendent of Banks E. F. VICKERS, President. Date of Charter: 11-8-1911 W. W. EMANUEL, Cashier. Began Business: 12-19-1911 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in proceaa of collection ...... S United States Government obligations, direct and guaranteed. . . . . Obligat.io.n~ of States and political BUbdlV1810DS ............... Other bonds, notes, and debentures.. Corporate stocks {including stock of Federal Reserve llank) .......... . 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 Aaaets.................. . 1,324,593. 83 3,264,469.05 162,911.62 10,000.00 9,750.00 1,870,624.10 83,415.89 None None None 20,516.31 Total Assets ................. S 6,746,280.80 LIABILITIES Demand deposits................. S Time deposits.................... . Deposits of U. S. Government . . . . . . D':fi~!l~n~f. ~~~es an~. ~-1~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 ........................ . 2,889,867.01 2,086,834.31 81,813.11 1,077,222.99 182,831.77 30,469.53 None None 24,923.07 100,000.00 225,000.00 47,319.01 None Total Liabilities............. S 6,746,280.80 STATEMENT Showing condition at the elose of business December 31, 1961, of CITIZENS BANK Ball Ground, Ga. As ealled for by the Superintendent of Banks B. R. JONES, President. Date of Charter: 9-28-192.6 EVERETTE CARTER, Cashier. Began Business: 10-1-1926 ASSETS Cash, balances with other banke, in- cludintr reserve balances, and cash items 1n process of collection. . . . . . S United States Government obligations, direct and guaranteed ..... . Oblip_~i~n~ of States and political BUbdlVI.BlODB .. Other bonds, notes, and debentures.. Corporate stocks (including etock 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 Assets............... . 136,809.15 833,868.27 57,180.49 88,000.00 None 483,599.03 2,613.44 None None None None Total Assets .............. S 1,602 ,070 .38 LIABILITIES Demand deposits. . . . . .. . . . . . . . . . . S Time depos1t1.................... . Deposita of U. S. Government ..... . D~!l~n~f. ~~~- ~~~- ~-l~t.i~~~ ~~~ Deposita of banks................ . Other deposita (certified and officers' checks, etc.) ................... . Billa payable..................... . Acreptancea executed by or for ac- count of this bank and outstanding ........................... . Other liabilities.................. . 2~:;:f:!:::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 758,309.35 378,304.21 26,606.96 186,358.81 None 3,648.04 None None 6,060.00 45,000.00 45,000.00 107,783.01 45,000.00 Total Liabilities............. S 1,602,070.38 ------------------ FORTY-SECOND ANNUAL REPORT 19 STATEMENT Showing condition at the close of business December 31, 1961, of BAXLEY STATE BANK Baxley, Ga. As called for by the Superintendent of Banks STATEN S. LEWIS, President. Date of Charter: 8-23-1917 E. 0. BRANCH, Cashier. Began Business: 8-25-1917 ASSETS Cash, balanees with other banks, in- cluding reserve balances, and cash items in process of collection...... S United Stat~ Government obligations, dircr.t and ~uaranteed ..... . Obligat.io_n~ of States and political subdntstons ................... . Other bonds, notes. and debentures.. Corporate stoeks (ineluding stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premisPs owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assPts indirectly representin~ bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . . 623,508.85 1,285,324.34 199,447.14 300,000.00 None 1,274,660.84 46,769.97 None None None 2 ,654 .84 Total Assets .................. S 3,732,365. 98 LIABILITIES D~mancl deposits ................. S Time df:'posits .................... . Deposits of U.S. Government ..... . D'J:~T!\~n~f ~tales. ~~d ~.ol~t.i~~~. ~u~ Deposits of hanks ................ . Other deposits (certified and officers' oheoks, oto.) ................... . Bills payable..................... . Acce-ptanc-es executed by or for ac- count of this bank and outstandinJ!: .......................... Oth~r liabilitios . . . . . . . . . . . . . . . . . . Capital. ......................... . Surplus ......................... . t'ndivided profits................. , Reserves ........................ . 2,287,025.92 731,706.72 7,519.79 267,482.55 86,569.42 16,528.69 None None 15,018.00 75,000.00 75,000.00 108,831.01 61,683.88 Total Liabilities............ S 3,732,365.98 STATEMENT Showing condition at the close of business December 31, 1961, of BLACKSHEAR BANK Blackshear, Ga. As called for by the Superintendent of Banks LEO J. ALLEN, President. Date of Charter: 7-7-1892 H. M. MOODY, Cashier. Began Business: 7-7-1892 ASSETS Caah, balances with other banks, in- cludi~ reserve balances, and cash items1n process of collection...... S United States Government obligations, direct and guaranteed. . . . . . 0~=~~ron':..~~~. ~~.. ~~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 fh:tures......................... Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . . 689,887.22 1,218,092.18 None 54, 727.50 6,000.00 1,240,142.24 51,748.81 None None None None Tots! Assets. . . . . . . . . . . . . . . . . . S 3 ,260 ,597 . 95 LIABILITIES Demand deposita................. S Time depos1ta.................... . Deposits of U.S. Government ..... . D'J:~!!~n~f. ~~~~. ~~. ~.~t.i~ ~~~ Deposits of banks................ . Other deposits (certified and oflicera' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . ::::::::::::::::::::::::: Other liabilities.................. . ~:r~r:!. Undivided profits................. . Reserves ........................ . 1,260,951.83 1,335,882.55 20,282.61 268,250.26 13,963.27 2,655.20 None None 799.24 100,000.00 100,000.00 149,279.32 8,533.67 Total Liabilities.............. S 3,260,597.95 20 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of PEOPLES BANK Blackshear, Ga. As called for by the Superintendent of Banks ALVIN M. RATLIFF, President. Date of Charter: 8-1-1946 J. A. McDUFFIE, Cashier. Began Business: 8-5-1946 ASSETS Cash, balaneea with other banks, in- eluding reserve balaneea, and eaah itema in proeeaa of collection...... I United States Government obligationa, direct and guaranteed. . . . . . 0t>,:~~l!To:1. -~~~~. ~~. ~~i~~':".1 Other bonda, notes, and debenturea. . Co~~~!T ~~~~~e(~~~':.~~ -~~~~- ~~ Loans and discounts (including overdrafts)......................... Bank premisea owned, furniture and fixtures......................... Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . . Investments and other assets indi- ~~!~e~e~::r',!~~~- ~~- ~-r~~~~ Customers' liability to this bank on acceptaneea outstanding. . . . . . . . . . Other Aaaeta..................... . Total Aaaeta ................. I 754,148.08 1, 126,720.94 334,859.58 None None 923,678.75 35,950.00 None None ~ ~~= 3,175,357.35 LIABILITIES Demand depoaita. . . . . . . . . . . . . . . . S Time depoalta .................... . Deposita of U.S. Government ..... . D'Jfv~~~:n~f- ~~~~~. ~~~- ~~~t~~~ ~~~ Deposita of banks ................ . Other deposits (certified and officers' cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outatanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profita................. . Reserves ........................ . 1,22.~.052.23 1,251,294.84 40,672.05 243,017.88 99,171.91 None None None None 100,000.00 100,000.00 116,148.44 None Total Liabilitiea.............. I 3,175,357.35 STATEMENT Showing condition at the close of business December 31, 1961, of UNION COUNTY BANK Blairsville, Ga. As called for by the Superintendent of Banks E. S. DOCKERY, President. Date of Charter: 2-18-1949 CATHERINE D. JARRETT, Cashier. Began Business: 3-1-1950 ASSETS Cash, balances with other banks, in- cludinj! reserve balances, and cash items m process of collection ...... S United States Government obligations, direct and guaranteed . .... . Obligat}o!'s of States and political subdivlBtons . .................. . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real <'state owned other than bank premif!l"s . ...................... . Investments and other assets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outatanding......... . Other Assets..................... . 386,634.69 667,348.66 14,863.91 100,000.00 None 607.210.94 16,876.11 4,765.33 None None None Total Asseta .................. I 1.797,699.64 LIABILITIES Demand depoaita.................. $ Time depos1ta .................... . Depoaita of U. S. Government . . . . . . D1;~!t:n~f- ~~~~~s- ~~~- ~-~l~t-i~~~ ~~~ Deposits of banks ................ . Other depoaits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outatanding........................... . Other liabilities .................. . Capital. ..................... Surplus ......................... . Undivided profits................. . Reserves ........................ . 810,720.65 633,138.95 21.324.21 180,806.63 None 2.797.42 None None 12.242.96 1;(),000.00 -~.000.00 36,668.82 None TotalLiabilities.............. $ 1.797,699.64 FORTY-SECOND ANNUAL REPORT 21 ------------------~ STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF EARLY Blakely, Ga. As called for by the Superintendent of Banks R. C. SINGLETARY, JR., President. Date of Charter: 4-3-1941 E. T. CRAWFORD, Cashier. Began Business: 4-28-1941 ASSETS Caah, balances with other banks, in- cludinf! reserve balances, and cash items m proceao of collection ...... $ 533,747.78 United States Government obligations, direct and guaranteed ..... . 1,128,404.75 Obligat.io_n~ of States and political subdtvJsions . .................. . None Other bonds, notes, and debentures.. 1.00 Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts (including over- drafts) ........................ . 712,263.36 Bank premises owned, furniture and fixtures ........................ 28,644.04 Real estate owned other than bank premises................... . None Investments and other aaseta indi- rectly representing bank premises or other real eatate ............. . None Customers' liability to this bank on acceptances outstanding.. ....... . None Other Assets..................... .-----1-,5-2-2-.9-0 Total Assets .................. $ 2, 404,583. 83 LIABILITIES Demand deposita................. $ Time depoa1ts.................... . Deposita of U. S. Government ..... . D'Jl~!~n~f- ~~~~s- ~~~- ~.o..~t-i~~ ~~~ Deposits of banks ................ . Other deposits (certified and officers checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstand ing ....... .................... . Other liabilities.................. . ~:~;f~!-.-.:: :::::::: :::::: :::: ::: : Undivided profits................. . Reserves ........................ . 1,063,375. 93 803,844.79 44,464.90 306,331.21 None 4,594.23 None None 1,710.00 50,000.00 75,000.00 55,262.77 None Total Linbilities.............. $ 2,404,583.83 STATEMENT Showing condition at the close of business December 31, 1961, of FIRST STATE BANK OF BLAKELY Blakely, Ga. As called for by the Superintendent of Banks S. G. MADDOX, President. Date of Charter: 5-6-1937 R. H. STUCKEY, Cashier. Began Business: 5-15-1937 ASSETS Caah, balances with other banks, in- cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Ohliga~io_n~ of States and political 8Ubd.IV1SIODS . .................. . 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 hi~~"::.':'i~ ~;.d -~th~r a.,~~i~ i,;di~ reedy representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . . 782,587.71 1,389,219.27 141 '776.22 75,001.00 None 1,489,031.65 1,225.03 None None None 1,248. 92 Total Assets .................. $ 3 ,880,089 .80 LIABILITIES Demand deposits..................$ Time deposita.................... . Deposita of U.S. Government ..... . D'Jl~T!l~n~f- ~~~t~s- ~n~- ~-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 .................. . ~:r~f:!-.-.-.-::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 1,942,676.36 1,336,805.44 32,365.51 134,282.98 None 11,513.35 None None 14,582.90 100,000.00 130,000.00 96,914.41 80,948.85 Total Liabilities.............. $ 3,880,089.80 22 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of FANNIN COUNTY BANK Blue Ridge, Ga. As called for by the Superintendent of Banks J. M. EATON, JR., President. Date of Charter: 5-29-1916 MAX RALSTON, Cashier. Began Business: 6-6-1916 ASSETS Cub, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... S 1.188,841.88 United States Government obliga- tions, direct and guaranteed ..... . 1,311,433.95 o~~~i.Ton".:. -~t~~~~. ~~~- .~~it~~-' 268,003.18 Other bonds, notes, and debentures.. None Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts (including over- drafts) ........................ . 906,473.97 Bank premises owned, furniture and finures........................ . 1,001.00 Real estate owned other than bank premises....................... . None ln-estments and other assets indi- rectly representing bank premises or other real estate ............. . None Customers' liability to this bank on acceptances outstanding......... . None - - - - - Other Assets..................... . 687.85 Total Assets ................. .S 3.676,441.83 LIABILITIES Demand deposits................. .S Time depos1ts.................... . Deposits of U.S. Government ..... . D':rvT!~~0~f ~t~t~s- ~~~- ~-ol~t-i~~~- ~~~ DejlOsits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ . 1,415,200.79 1, 700,586.12 33,652.66 203,471.34 None 5,702.27 None None 27,563.44 100,000.00 100,000.00 80,265.21 10,000.00 Total Liabilities.............. S 3,676,441.83 STATEMENT Showing condition at the close of business December 31, 1961, of PEOPLES BANKING COMPANY Boston, Ga. As called for by the Superintendent of Banks J. E. CROMARTIE, MARY R. LEAK, President. Cashier. Date of Charter: 1-29-1947 Began Business: 4-1-1947 ---==-==================~===================== 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 8UbdlV18lOD8 . .................. . 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. . . . . . . . . . . . . . . . . . . . . . 213,892.97 150,000.00 None None None 161,911.47 5,399.58 None None None 430.34 LIABILITIES S Demand deposits................ . Time depos1ts.................... . Deposits of tJ. S. Government . . . . . . D":rvT!l~n~f- ~~~~s- ~~~- ~-l~t-i~~~- ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ....................... 324,921.78 118,365.02 11,150.50 25,425.00 None None None None None 25,000.00 10,000.00 16,772.06 None Total Assets.................. S 531,634.36 Total Liabilities.............. S 531,634.36 FORTY-SECOND ANNUAL REPORT 23 --------------------~~~~~ -------------------------------~ STATEMENT Showing condition at the close of business December 31, 1961, of THE COMMERCIAL BANK Bowdon, Ga. As called for by the Superintendent of Banks W.C.ROOP, President. Date of Charter: 9-22-1926 W. A. BOWMAN, JR. Cashier. Began Business: 9-22-1926 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... S 834,736.16 United States Government obliga- tions, direct and guaranteed ..... . 1,237,118.51 Ob~:S::i~i:.~m~!..~~~~~. ~~..~~i~i.~! 108,752.44 Other bonds, notes, and debentures .. None Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans .and discounts (including over- drafts) ........................ . 1.419,090.84 Bank premises owned, furniture and fixtures ........................ . 50,000.00 Real estate owned other than bank premises....................... . None Investments and other assets indi- rectly representing bank premises or other real estate ............. . None Customers' liability to this bank on acceptances outstanding......... . None - - - - - - Other Assets..................... . 1,046.43 Total Assets .................. S 3 ,650 ,744 .38 LIABILITIES Demand deposits................. S Time deposits.................... . Deposita of U.S. Government ..... . D~!l~n~f. ~~~~~. ~~~. ~.~l~t.i~~ ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Billa payable ..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surl'lus ......................... . Undivided profits................. . Reserves........................ . 2,224,450.20 960,599.66 36,675.53 89,642.93 None 12.93 None None 93,124.47 50,000.00 100,000.00 71,102.23 25,136.43 Total Liabilities.............. S 3,650,744.38 STATEMENT Showing condition at the close of business December 31, 1961, of BRASELTON BANKING COMPANY Braselton, Ga. As called for by the Superintendent of Banks H. F. BRASELTON, President. Date of Charter: 12-13-1948 JOHN 0. BRASELTON, JR., Cashier. Began. Business: 12-18-1948 ASSETS Cash, balances with other banks, in- clu~ reserve balances, and cash items 1n procesa of collection...... S United States Government obligations, direct and guaranteed ..... . Ob!:~':O::..~~~. ~~~..~~~.~ Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discount& (including over- drafts) ........................ . Bank premisea owned, furni!.ue and fixtures........................ . Real estate owned other than bank premisea....................... . Investments and other assets indi- rectly representing bank premisea or other real estate............. . Customers' liability to tbia bank on acceptances outstanding......... . Other Assets..................... . Total Assets.................. S 109,167.55 431,055.85 49,476.61 None None 191,915.33 3,226.99 None None None 581.00 785,423.33 LIABILITIES Demand deposits................. S Time deposits.................... . Deposits of U.S. Government..... . DeJ!OI!i~ of States and political sub- divietona ...................... . Deposits of banks ................ . Other deposits (certified and officers checks, etc.) ................. Billa payable.................... .. Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities.................. . Capital......................... S~lus ......................... . Undivided profits................. . Reserves........................ . 373,705.51 275,000.00 None None None 4,800.00 None None None 25,000.00 75,000.00 31,917.82 None Total Liabilities.............. S 785,423.33 24 DEPARTMENT OF BANKING ~--------------- STATEMENT Showing condition at the close of business December 31, 1961, of COMMERCIAL & EXCHANGE BANK Bremen, GL As called for by the Superintendent of Banks J. S. McEACHERN, President. Date of Charter: 1-18-1949 CLARK STAPLER, Cashier. Began Business: 2-1-1949 ASSETS Cash, balancea with other bank&, in- cludiUJ reserve balancea, and caah items 1n proceaa of collection...... S United States Government oblicationa, direct and guaranteed...... 0~~~~TO::..~~~. ~~ .~~~~ Other bond&, notes, and debentures.. Corporate stocks (including atock of Federal Reserve Bank) .......... . Loan& and diacounta (including overdrafts)......................... Bank premiaea owned, furniture and fi:o:tures......................... Beal estate owned other than bank premiaea........................ Investments and other aaaets indi- :"!~e~e~e'":re:::.~. ~~~. ~r~~~ Customers' liability to this bank on acceptances outstanding.... . . . . . . Other Aaaeta...................... 2, 139 , 945 .41 1,416, 776.49 349,418.03 49,875.00 None 1,441,293.34 28,194.11 None None None 10,251.40 Total Aaaeta ................. S 5 , 435,753 . 78 LIABILITIES Demand deJIOBit&................ S Time dep items tn proceu of collection...... I 2,716,478.29 United States Government ohliga. tiona, direct and guaranteed..... . 1,694,705.61 0~~:;:.ron~f..~~~. ~~..~1.i~~ 349,879.73 Other honda, notes, and debentures.. 100,225.00 Gorporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and diacounte (including over- drafts) ........................ . 2 ,436, 730.42 Bank premises owned, furniture and fi:durea........................ . 61,243.82 Real estate owned other than bank premiaea....................... . None Inveatmente and other uaeta indi- rectly representing bank premiaea or other real estate............. . None Customers' liability to this bank on acceptances outstanding......... . None ---------- Other .Auete..................... . None Total Aaaete. . . . . . . . . . . . . . . . I 7, 359,262. 87 LIABILITIES Demand deposita................. I Time depoatta.................... . Deposito of U. S. Government ..... . DeJfvt.t~n~f. ~~~~. ~~~- ~~~t~~~ ~~ Deposito of banks ................ . Other deposito (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 ........................ . 5,194,436.57 433,708.82 108.409.15 939,296.03 36,071.79 8,431.27 None None 139,157.44 125,000.00 175,000.00 50,188.15 149,563.65 Total Liabilities..............1 7,359,262.87 STATEMENT Showing condition at the elose of business December 31, 1961, of THE CARTERSVILLE BANK Cartersville, Ga. As called for by the Superintendent of Banks WALTER B. ATWATER, President. Date of Charter: 12-20-1947 HUGH I. JACKSON, Cashier. Began Business: 11-19-1948 ASSETS Cub, balances with other banks, in- cludi"' reserve balancea, and cash itemotn process of collection...... I United States Government obliga- tions, direct and guaranteed . . . . . . ObSi"~Vl~~B11l\O' Do8fStates , and political ""...... Other honda, notes, and debentures.. Gorporate Federal Rsteoscekrvs e(iBncalundkin)g..s..to..c.k...o.f Loana and discounts (including over- drafts) . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and fi:durea. . . . . . . . . . . . .. . . . . . . . . . . . Real estate owned other than bank premiaea.. .. . . . . . . . . . . . . . . . . . . . . Investments and other uaete indi- rectly representing bank premiaea or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.. . . . . . . Other .Auete. . . . . . . . . . . . . . . . . . . . 597,738.66 1 , 509, 352 .82 158,599.311 None None 1283. 960. 55 77,730. 44 None None None 12,516. 90 Total Aaaete ............ I 3,639,898. 76 LIABILITIES Demand deposita.. . . . . . . . . . . . . . . . 1 Time depo111te.................... . Deposita of U.S. Government.... DeJ!OI!i~ of States and political auh- divialona ...................... . Deposita of banks ............... Otlier deposita (certified and officers' checks, etc.) ................... Billa payable..................... . Acceptancea executed by or for ac- count of this bank and outstanding........................... . Other liabilities ................. ~:;~. ::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ 1,370,427.04 1,392,893.22 40,935.07 462,947.00 None 8,0M.20 None None 43,340.37 100,000.00 200,000.00 21,301.86 None Total Liabilities....... .... 1 3,639,898. 76 32 DEPARTMENT OF BANKING STATEMENT Showing eondition at the close of business December 31, 1961, of PEACHTREE BANK AND TRUST COMPANY Chamblee, Ga. As called for by the Superintendent of Banks B. DAVIS FITZGERALD, JR., President. Date of Charter: 5-5-1960 ERNEST FULLER, Cashier. Began Business: 5-6-1960 ASSETS Cub, balances with other banks, in- cludin,: reserve balances, and caeh items In proceee of collection. . . . . S United States Government obligatiooe, direct and suaranteed ..... . Obliga~i~n~ of States and political aulKiivaeaone ................... . Other bonds, notes, and debentures.. Col'p;n~ of States and political 8UbdiV1810D8 . ... , ........ Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loana and discounts (including over- drafts) ........................ . Bank premiaea owned, furniture and fixtures........................ . Real estate owned other than bank premiaea....................... . Investments and other aaaeta indi- rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaeta..................... . 1,023,582.00 1,762,619.12 37,102.24 180,212.50 None 1,202,990.96 20,623.97 1.00 No.ne None None Total Aaaeta .................. S 4,227,131.79 LIABILITIES Demand deposita................. I Time depos1ts.................... . Deposits of U.S. Government ..... . D~!~n~f. ~~~~- ~~ :".".l~t.i~~ ~~~ Deposits of banks................ . Other deposita (certified and officers' ebe~ks. etc.) ................... . Bills payable..................... . Aeeeptane~s executed by or for ac- count of this bank and outstanding........................... . ::::::::::::::::::::::::: Other liabilities.................. . ~:r~r:!. Undivided profits................. . Reserves ........................ . 2,095,175.72 1,256,038.61 30,329.81 418,620.46 None 11,325.94 None None None 100,000.00 250,000.00 65,641.25 None Total Liabilities. . . . . . . . . . . . . . S 4, 227, 131. 79 --------=F=-0=--R=TY-SECOND ANNUAL REPORT 45 STATEMENT Showing condition at the close of business December 31, 1961, 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 Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection ...... I 553,399.71 United States Government obliga- tions, direct and guaranteed ..... . 979,370.72 o~~f,'d\~i~ron"'. -~~-t~~. ~~~- .~~~i~~c_a_l 137,195.87 Other bonds, notes, and debentures.. 169,891.50 Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts (including over- drafts) ........................ . 1,055,234.40 Bank premises owned, furniture and fixtures ........................ . 18,866.77 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..................... . 43.02 Total Assets ................. I 2,914,001.99 LIABILITIES Demand deposits.................. I Time deposits.................... . Deposits of U.S. Government ..... . D~!t~n~f. ~~~~~s. ~~~- ~-l~t.i~~~- ~~~ Deposits of banks................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~:r;t:!. :: ::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 1,789,944.42 350,958.45 114,469.14 311,609.21 ~.000.00 15,487.92 None None 3,325.96 125,000.00 75,000.00 98,206.89 10,000.00 Total Liabilities.............. I 2,914,001.99 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF DAHLONEGA Dahlonega, Ga. As called for by the Superintendent of Banks J. F. SANDERS, President. Date of Charter: 5-27-1914 ROBERT T. BROWN, Cashier. Began Business: 5-27-1914 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 subd1v18JOD8 . ............. Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indi- rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . Total Assets ................. I 520,666.21 667,299.63 65,085.93 474,062.50 None 1,054,599.47 4, 709.09 19,250.00 None None None 2,805,672.83 LIABILITIES Demand deposits................. I Time depos1ts.................... . Deposits of U.S. Government..... . D'jl~T!!~n~~ ~~~~~- ~~~ ~~~~i~~~ ~~~ Deposits of banks................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptanres executed by or for ac- count of this bank and outstanding ........................... . Oth~r liabilities .................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ . 1,284,057.51 512,563.05 34,962.06 710,119.94 None 2,806.89 None None None 50,000.00 100,000.00 111,163.38 None Total Liabilities.......... 1 2, 805,672.83 46 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, 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- cludinll reserve balances, and cash items 1n proceaa of collection ...... S 915,126.26 United States Government obliga- tiona, direct and guaranteed ..... . 1,222,750.18 Ob:!f!J\~i:.~o::..~~~. ~~~ .~~i~~~l 183,465.21 Other bonds, notes, and debentures.. 1.00 Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loana and discounts (including over- drafts) ........................ . 2,230,471.63 Bank premises owned, furniture and fixtures ........................ . 120,258.21 Real estate owned other than bank premises....................... . None Investments and other aaaeta indi- rectly representing bank premises or othl!r real estate ............. . None Customers' liability to this bank on acceptances outstanding......... . None - - - - - Other Aaaeta..................... . 314.23 Total Aaaeta . . . . . . . . . . . . . . . . . S 4 ,672,386 .72 LIABILITIES Demand deJlOIIitB................. S Time depos1ta.................... . Deposita of U. S Government ..... . D~!~~n~f. ~~~~. ~~~. ~.l~t.i~~l. ~~~ 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 .................. . ~::;!f:!.::: ::::: :: :: :: ::: :: :::: :: Undivided profits................. . Reserves........................ . 1,993,196.03 1,283,632.14 145,958.04 614,819.68 None 14,531.96 None None 117,588.57 100,000.00 200,000.00 148,302.28 54,358.02 Total Liabilities............. S 4,672,386.72 STATEMENT Showing condition at the close of business December 31, 1961, of HARDWICK BANK & TRUST COMPANY Dalton, Ga. As called for by the Superintendent of Banks F. L. WILLIAMSON, A. J. SECORD, President. Date of Charter: 2-17-1922 Cashier. Began Business: 2-20-1922 ASSETS Cash, balances with other banks, in- cluding reserve balalicee, and cash items in proceaa of collection...... S United States Government obligationa, direct and guaranteed ..... . Obliga~i~n~ of States and political 8UbdiV1810D8 . ............. 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 aaaeta indi- rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaeta..................... . 2,421,659.28 2,817,081.06 529,.532.83 4,000.00 1.00 4,558,995.94 138,036.59 None None None Nom'! Total Aaaeta . . . . . . . . . . . . . . . . . S I0, 469 ,306 .70 LIABILITIES Demand deposita................. S Time depoa1ts.................... . Deposits of U.S. Government ..... . D':fi~!tn~f. s~~~~. ~~~. ~.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 .................. . ~~:;!t:!:::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 5,604,418.8.'J 3,062 ,471. 57 523,933.73 365,389.99 None 102,659.99 Non" None 107,311.07 200,000.00 400,000.00 53,121.52 None Total Liabilities............. S 10,469,306.70 FORTY-SECOND ANNUAL REPORT 47 STATEMENT Showing condition at the close of business December 31, 1961, 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 BUbdiVI810D8 , ..... 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 ............. . Cuatomera' liability to thia bank on acceptancea outstanding........ . Other Asaets.................... . :l00,589.19 684,163.00 52,194.06 249,250.00 None 299,856.29 17,260.69 None None None None Total Assets ................. S 1,593,313.23 LIABILITIES Demand deposita................. S Time deposita.................... . Deposits of U. S. Government ..... . D';Wvi!J~n~f. ~~ates. ~~ ~I~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. ......................... . SurJ>Ius ......................... . Undivided profita................. . Reserves ........................ . 911,222.87 286,187.19 993.75 211,585.40 None 3,157.63 None None 3,755.00 35,000.00 50,000.00 91,411.39 None Total Liabilities.............. S 1,593,313.23 STATEMENT Showing condition at the close of business December 31, 1961, 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 United States Government obligations, direct and guaranteed ..... . O~~f:'Jf~!lono:. -~t~~~~. ~nd. -~~Htir~I Other bonds, notes, and deh~ntures .. Corporate stocks (including stork of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premise-s O\\-ned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indi- rectly repr~nting bank premises or other real ~state ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 284,319.93 814,294.76 130,498.49 None None 786,473.75 40,000.00 None None None None Total Asaets . . . . . . . . . . . . . . . . . S 2, 055, 586. 93 J.IABILITIES Demand deposits................. S Time dPpos1ts .................... . Deposits of L'. S. Government ..... . D'Ji~\'!\~n~f States. and_ .politi~~I s~~ D~posi t s of banks ................ . Other dPposits (Prtified and officers' rherks, ptr.) ................... . Bills payable..................... . Acccptan<"es excc-utt>d by or for ac- count of this bank and outstanding .......................... . Othr liahilitirs .................. . Capital.... . .................. . Rurplus ......................... . llndivided profits............ . Rrsrrv1s ................. . 802,219.20 720,34.3.63 22,583.57 286,558.89 None 16,850.95 None None 55,208.21 50,000.00 50,000.00 64,822.48 None Total Liabilities.............. S 2,055,586.93 48 DEPARTMENT OF BANKING STATEMENT Showing condition at the dose of business December 31, 1961, of BANK OF DAWSON Dawson, Ga. Aa ealled for b:y the Superintendent of Banks ROGERS LOCKE, President. Date of Charter: 6-29-1911 JACK EDWARDS, Cashier. Began Business: 7-1-1911 ASSETS Cub, balances with other banks, in- cluding reserve balances, and cash iteDlB in process of collection...... I United States Government obligations, direct and guaranteed ..... . Obliga~o~~ of States and political aulKliVl8JODB ...... , .. , Other bonds, notes, and debentures.. CorP<>rate stocks (including etock of Federal Reserve Bank) .......... . Loans and discounts (includina over- drafte) ....................... Bank premises owned, furniture and fixturee ................ ...... Real estate owned other than bank premisee............... ...... Investments and other assets indi- :"!3'.e~f:~:::. ~- -~r~~ Cuetomero' liability to this bank on acceptances outstanding......... . Other Assets.................... . Tota!Assets................. I 1,315,668.60 1,559,503.52 463,230.31 432,750.00 None 1,388,964.53 20,096.61 None !Ifone None None 5,180,213.57 LIABILITIES Demand deposits.. .. .. .. .. . .. . .. . I Time depoo1ts .................... . Depooits of U. 8. Government ..... . De~~ of States and political sub- divisions...................... . &rJ::!.tt~'t!riili..d ;.;.d iifi;~ cheeks, etc.) .................. .. Billa payable..................... Acceptances ezecuted by or for ac- count of thia blrollk and outstandinc ........................... . Other liabilities .................. . ~1:!.::::::: :::::::::::::::::: Undivided profits................. Reserves ........................ . 1, 957,389.93 2,048,372.29 25,810.89 703,436.78 29,465.24 5,144.75 None None None 100,000.00 275,000.00 35,593.69 None Total Liabilities.............. I 5,180,213.57 STATEMENT Showing condition at the dose of business December 31, 1961, of BANK OF TERRELL Dawson, Ga. As called for b:y 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 cludinf! reserve balances, and cash items m process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~i'\n~ of States and politiral aubchvtstons ................... . Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over drafts) ........................ . Bank premises owned, furniture and fiztures........................ . Real estate owned other than bank premises....................... . Investments and other assets indi reetly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 1,312,535.14 2,048,582. 40 211,689.40 357,312.50 None 1,884,591.58 23,729.23 None Non(_ None Nonr Total ABBets .................. I 5, 838,440. 2.~ Demand deposits . LIABILITIES ............... . . s Time depoella.................... . Depooita of U. 8. Government ..... . De~~~":. ~~~e_a_ ~~~- ~~~t~~~- ~~~ De_posits 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 .................. . ~:r~f~!-.::: ::::::::::: ::::::: :::: Undivided profits................. . Reserves ........................ . 2.319,214.94 2,381,881.11 40,306.63 5&~.973.32 131,489.80 12,397.98 None None None 100.000.00 200.000.00 67.176.47 None Total Liabilities.............. S 5,838,440.25 FORTY-SECOND ANNUAL REPORT 49 STATEMENT Showing condition at the close of business December 31, 1961, 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 Cuh, balances with other banks, in- cludinjl reserve balances, and caah items tn proceae of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~(\D~ of States and political IUbd.iVIBIODB . ............. Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and diacounta (including over- drafts) ........................ . Bank premiaee owned, furniture and fizturee ........................ . Real estate owned other than bank premiaee.................. . Investments and other aeaets indi- :-;etJte~ere;e~~~- ~- ~-r~~~ Customers' liability to this bank on acceptances outstanding......... . Other Aaaeta..................... . 216,844.34 193,850.94 95,824.71 239,998.34 None 369,234.32 13,143.91 None None None 1,402.44 Total Aaaeta ................. S 1,130,299.00 LIABILITIES Demand deposita..................S Time depostls.................... . Deposita of U. S. Government ..... . D'rvt!l:n~f. ~~~~':". ~~~- ~-J~t.i~J. ~~~ Deposita of banks................ . Otlier deposita (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities.................. . ~~~~~!.::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 453,195.70 357,808.69 4,865.95 176,633.52 10,000.00 2,882.95 None None None 25,000.00 25,000.00 64,912.19 10,000.00 Total Liabilities.............. S I, 130,299.00 STATEMENT Showing condition at the close of business December 31, 1961, of THE CITIZENS AND SOUTHERN EMORY BANK Decatur, Georgia As called for by the Superintendent of Banks GEO. R. McKINNON, President. Date of Charter: 12-11-1950 JOHN M. HILSMAN, JR., Cashier. Began Business: 4-16-1951 ASSETS Cash, balances with other banks, in- cluding reserve balances, and caah items in proceaa of collection......S United States Government obligations, direct and guaranteed ..... . O~J~\~~o:1. -~~~. ~~~- .~~i~i-~.1 Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and 6xturee........................ . 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..................... . 1,096,909.86 2,487,915.06 379,758.37 295,000.00 3,.soo.oo 3,185,973.39 52,082.69 None 75,000.00 None 25,231.76 Total Aaaeta .................. S 7,601,371.13 LIABILITIES Demand deposita................. S Time deposits.................... . Deposita of U.S. Government..... . DeJ!O!i!" of States and political aub- diviaJons ...................... . 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 .................. . ~~r~f~!:::::::::::::::::::::::::: Undivided pro6ta................. . Reserves ........................ . 4,371 ,45.5.46 1,978,&S9.88 58,478.58 2&S, 13S.20 None 10,423.83 None None 333,708.08 250,000.00 200,000.00 M,472.41 59,837.69 Total Liabilities.............. S 7,601,371.13 50 DEPARTMENT OF BANKING STATEMENT Showing condition at the close ot business December 31, 1961, of TONEY BROTHERS BANK Doeru~ Ga. As ealled for by the Superintendent of Banks J. W. TONEY, President. Date of Charter: 7-11-1945 J. W. TONEY, Cashier. Began Business: 7-31-1945 ASSETS Cub, balances with other banka, in- cluding reaerve balances, and caeh itema in proceaa of collection ...... $ United Statea Government obligation&, direct and guaranteed ..... . Obliga~i~~ of Statea and political aubdiVl8toua . .................. . Other honda, notea, and debenturea.. Corporate atocka (including atock of Federal Reserve Bank) .......... . Loana and diacounta (including overdraft&) ........................ . Bank premiaea owned, furniture and fizturea........................ . Real eatate owned other than bank premiaea....................... . Inveatmenta and other aueta indirectly repreaenting bank premiaea or other real estate............. . Cuetomers' liability to this bank on acceptance& outatanding......... . Other Aaeeta..................... . 646,078.13 148,892.40 None None Non<' 836,847.77 1,953.00 None None None None Total Aaeeta ................. S 1,633,771.30 LIABILITIES Demand deposita.................. $ Time depostts.................... . Deposita of U. S. Government . . . . . . neJl~T!~~n~f. ~~~~-:-. ~~~. ~.~~t.i~~~ ~~~ Deposits of hanks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outatanding........................... . ::: ::::::: ::::::::::::::: Other liabilities.................. . ~:r~f:!. Undivided profits................. . Reserves ........................ . 905,287.23 366,635.14 1,245.00 136,307.00 60,203.04 4,406.13 None None None 25,000.00 100,000.00 29,687.76 5,000.00 Total I.inbilitiea........ . s 1,633,771.30 STATEMENT Showing condition at the close of business December 31, 1961, of COMMERCIAL STATE BANK Donalsonville, Ga. As called for by the Superintendent of Banks W. H. VAN LANDINGHAM, President. ELLEN G. SPIER, Acting Cashier. Date of Charter: 10-21-1938 Began Business: 12-16-1938 ASSETS Cuclbu,dbinaJlarnecaeesrvweibthaloanthceers,baanndkac, aienh- itema m proceaa of collection ...... S United Statea Government obliga- tiona, direct and auaranteed ..... . Obliga~o;a~ of Statea and politieal IUbdiY18JOD8 . .................. Other honda, notea, and debenturea.. Coroorate atocka (includinl atock of F"ederal Reaerve Bank) .......... Loana and diacounta (includinl over- draft&) ........................ . Bank premiaea owned, furniture and fillturea........................ . Real estate owned other than bank premisea...................... Investment& and other aueta indi- rect)y repreaentinl bank premiaea or other teal eetate............. Cuetomers' liability to thi8 bank on acceptances outatandin1......... . Other .A.eta..................... . 1,137. 760.49 354,968.75 30,266.61 234,875.00 None 968,900.11 11,329.18 1,404.86 None None None Total A.Mta.. .. .. .. .. .. .. .. . $ 2,739,505.00 LIABILITIES Demand deposita..................$ Time depostta.................... . Deposita of U.S. Government ..... . De.c!l:n~~ ~~~ ~~. ~~~~i~ ~~ Dej)Oilita of banks ................ . Other deposita (certified and offiosra' chet"ka, etc.) ................... . Bille payable..................... . Acceptances ezecuted by or for ac- count of tbi8 bank and outatandiq........................... . Other Iiabilitiea.................. . ~t:!.:::: ::::::::::::::: :::::: Undivided profit&................. . Reaervea ........................ 1,254,285.51 625,098.91 23,944.33 306,388.68 245,562.93 38,455.94 None None 17,915.64 50,000.00 75,000.00 102,&~3.06 None Total wbilitiee.............. $ 2,739,505.00 FORTY-SECOND ANNUAL REPORT 51 STATEMENT Showing condition at the close of business December 31, 1961, 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 A88ET8 Caah, balaocee with other baolra, in- cludiDJ reserve balaocea, aod caah itema n proceaa of collection...... I United Statoe Government oblip.tiona, direct and guaraoteed . . . . . . Ob~:.f;N:;!Ton":. -~~~. ~~- .J_"_'~i~~ Other bonda, notea, aad debeatures.. Corporate atocka (includina atock of Federal Reserve Baok)........... Loana and diacounta (includina over- drafts)......................... Baok premiaea owned, furniture and fisturea..... . . . . . . . . . . . . . . . . . . . . Real estata owned other thao baolr premiaea. .. . . . . . . . . . . . . . . . . . . . . . Investmenta and other -ta indi- rectly repreaentina baok premiHa or other real estate.............. Cuatomera' liability to thia baolr on acceptancea outataodina.......... Other "-ta...................... 513,989.35 1 ,069. 277 . 14 24 ,846. 1I None None 751.471.96 63,104.70 None None None None Total "-ta.............. . I 2,422,689.26 LIABILITIES Demaod deposita. . . . . . . . . . . . . . . . . I Tinle depoatta.................... . Deposita of U. 8. Government ..... . ~~~ ~~~ ~~ ~~~~ ~~ ~l:;!.;~'tc8riifieCi U.ii "Oi;.;,e;_; checka, etc.) .................... . Billa payable..................... . Acceptances executed by or for ac- count of thia baolr and outataodina........................... . Other liabilities.................. . =.::::::::::::::::::::::::: Undivided pro&ta................ Reaervea ....................... 1,214,580.39 871,880.73 9,004.12 104,426.73 None 3,896.96 None None Non<' 100,000.00 108,000.00 10,900.33 Non<' Total Liabilities......... 1 2,422,689.26 STATEMENT Showing condition at the close of business December 31, 1961, 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 A!'SETS Cash. balanrrs with othrr bnnks, in- cluding rrserve bnlanr<'s, and rnsh items in prorrss of C"o11e<'t ion ...... S Unit<"d ~tat<"s Gm:('fi'Ill<'nt oblil!'a- tions, clircrt and r;unrantrNl ..... . Obli~nt.io.n~ of Stairs nnd politirnl suhrltvtstons ................... . OthPr bonds. notes. and drh<"nturt'fl .. Corporntr storks (i'lduclir>g stork of Fcdrrul Rrs~ne Rank) .......... . Loans nnd dis<-ounts (in<-1uding ov<'rdrRftsl .................. . Bank pr<-mist"s own'<1, furnitur<' and fixtur('S .............. . Rl'RI estnt~ owned other than bank prrmisrs....................... . lnv(>stmrnts anci othe-r nss<'ff\ indi- r<'("flv rrprf'sentine; hank prPmis<'s or othrr rrnl rstatP ............. . Custornf"rs' linhitit~ to this hank on arC'("ptnnr<'s outstandinS!......... . Othrr Assrts..................... . 601,103.99 3. 904.490.23 15,190.85 None None 1.152,466.48 52,131.34 None None None None Total Assrts .................. 1 5,725,382.89 UABILITIES Demand deposits................. I Tim(' d<>posits .................... . Drposits of l'. R Go\ernme-nt ..... . Drposits of 8tntcs and political sub- dil'isions. _.................... . Deposits of banks ................ . Other deposits (certified and officers" rhcrks, rl<.) ................... . Rills pnynble ..................... . A('reptnnrrs rxerutrd by or for ac- count of this bank and outstandin~ ........................... . Othrr liabilities .................. . Capitnl. ......................... . 8urp1us ......................... . l'ndiddrd profits................. . RPS('fVPS .. - . - ....... 2,677,141.43 2,008, 171.13 68,801.48 416,338.44 92,910.06 1,519. 91 None None None 100,000.00 100,000.00 48,616.69 211,883.75 Total I.iabilitirs.............. I 5,725,382.89 52 DEPARTMENT OF BANKING ----~------------------- STATEMENT Showing condition at the elose of business December 31, 1961, of THE FARI\IERS BANK Douglas, Ga. As called for by the Superintendent of Banks F. S. STUBBS, President. Date of Charter: 5-22-1945 BETTY COURSON, Cashier. Began Business: 7-5-1945 ASSETS Cash, balances with other banks. in- cluding reserve balances. and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io.n~ of States and political SubdtVISIODS ..... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and ' fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indi- rectly representing bank premises or other real ~state ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 1 ,685 '169 .05 1,999,216.19 492,253.94 669,375.00 None 2,329,068.70 16,783.06 None NonP NonP 18,2.50.21 Total Assets .................. $ 7 ,210,116.15 LIABILITIES Demand deposits.................. $ Time depostts.................... . Deposits of U.S. Government ..... . DeP.o~iJs of States and political sub- divtsons ...................... . Deposits of tanks ................ . Other deposits (certified and officers' oheoks, etc.) ................... . Bills payable................. .... . Acceptances Pxecuted by or for ac- count of this bank and outstanding ........................... . Other liabilities................... . ~:r;f~!.::::::::::::::::::::::::: Undivided profits, ................ . Reserves ........................ . 3,529,90.~.30 2' 10.~. 702.06 58,246.30 698,931.86 260,658.68 17' 192.83 None None 40,461.44 1.50,000.00 1.50,000.00 164,017.68 35,000.00 Total Liabilities.............. $ 7 ,210, 116.1.5 STATEMENT Showing condition at tne close of business December 31, 1961, of THE CITIZENS BANK OF DOUGLASVILLE Douglasville, Ga. As ealled 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 Cash, balances with other banks, in- cludi.._ reserve balances, and cash items 1n process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io~ of States and political aubdiVl810D8 ........ Other bonds, notes, and debentures.. Corporate stocks (including stock of Fedilral 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.................. $ 4.50,199.91 103,056.34 None None None 775,160.88 62,494.99 None None None None I ,390, 912. 12 LIABILITIES Demand deposita................. $ Time depostts.................... . Deposita of U.S. Government ..... . D~i!t!n~f. ~~~~s. ~n~. ~.~~~.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 ........................ . 821,084.90 304,336.72 21 '782 .44 33,963.10 Nonf' 6,377.80 None NonP 3.~0.00 100,000.00 70,000.00 33,017.16 None Total Liabilities.............. $ 1,390,912.12 FORTY-SECOND ANNUAL REPORT 53 STATEMENT Showing condition at the close of business December 31, 1961, 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 balances, and, cash items in process of collection......$ United States Government obligations, direct and guaranteed. . . . . . Obligat_io_n~ of States and political subdlVlSlOnS. . . . . . . . . . . . . . . . . . . . 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 ~state. . . . . . . . . . . . . . Customers' liability to this bank on a~ceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . . 521,017.50 I ,694,534.66 16,180.28 20,()1l().00 None 650,0.S9.54 42.699. 77 None None None 3, 344 .37 Total Assets ................. S 2, 947,836. 12 LIABILITIES Demand deposits.................. S Time deposits.................... . Deposits of U.S. Government ..... . D1;~~!t~n~f ~t~t~s. ~~~- ~-o~~t~~~~- ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities................... . Capital.. ........................ . Surplus ......................... . Undhided profits................. . Heserves........................ . 1,2!17. 728.60 652.693.15 21,257.59 722,529.89 None 10,850.54 None None 20.107.64 100.000.00 50,000.00 72,668.71 None Total Liabilities............... S 2, 947,836.12 STATEMENT Showing condition at the close of business December 31, 1961, 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 ...... $ United States Government obligations, direct and guaranteed ..... . Obligat.io.n~ of States and political BUbdJVJSIODS ..... Other bonds, notes, and debentures.. Corporate stocks (induding stock of Federai Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or other rp.a) utate ............. . Customers' liability to this bank on Ott~~e~~~:~=~ ~~~.t~~~-i~~:::::::::: 2.066.574.58 3,469,564.94 714,077 .II 50,000.00 4,500.00 3,923,504.37 135,328.65 None None None 41,628.94 LIABILITIES Demand deposits..................S Time deposlls.................... . Deposits of U.S. Government ..... . DeJ?~i~s of States and political sub- divJstons ...................... . Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances necuted by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~::'~f~!. ::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 4,584.405.40 3,190,843.89 94,389.35 527,069.41 875,176.67 47,419.11 None None 26.S,854.36 300.000.00 300,000.00 143.912.22 76,108.18 Total Assets .................. S 10,405,178.59 Total Liabilities. .........s 10,405,178.59 ---------------- -------------------- 54 DEPARTMENT OF BANKING ----------------~~~==~~-=~==~--------------~ STATEMENT Showing condition at the close of business December 31, 1961, of FARMERS & MERCHANTS BANK Dublin, Ga. As eslled 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 Caah, 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 8UbdlVI8lOD8 . ...... , .......... . Other bonds, notes, and debentures.. Corporate stlitical 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 fiJ. s UDited States Government obligations, direct and guaranteed..... . Obliga~~ of States and political 8UbdiV1810n8 .. Other bonds, notes, and debentures.. Co!])Orate 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 assets indi- rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other .Aaaets..................... . 568,890.08 1,458,873.44 50,000.00 None None 1.232,670.15 26,306.24 None None None None Total Assets .................. S 3, 336 , 739. 91 Demand LI deposits... ABILITIES .............. . s Time depos1ts.................... . Deposits of U. 8. Government ..... . ~l:.:f. ~~~~~- ~~~- ~-~t~~~~ ~~~ Deposits of banks................ . Other deposita (certified and officers' checks, ete.) ................... . Bills payable.................... : . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities................... ~~;r:.-::::::::: :::::::::::::::: Undivided profits................. . Reserves........................ . 1.688,517.34 893,172.20 68,076.07 227,874.28 158,743.27 100.00 None None None 100,000.00 150,000.00 50,256.75 None Total Liabilities.............. S 3 , 336,739 . 91 FORTY-SECOND ANNUAL REPORT 57 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF FULTON COUNTY East Point, Ga. As called for by the Superintendent of Banks W. RAY HOUSTON, LEONARD L. LOWE, President. Date of Charter: 3-22-1934 Cashier. Began Business: 4-2-1934 ASSETS Cash, balances with other banks, in- eluding reserve balances, and cash items in process of collection ...... I 1,234,482.01 United States Government obliga- tions, direct and guaranteed ..... . 2,577,243.26 Obliga~i~n~ of States and political subdJvtsJona . .................. . 908,890.82 Other bonds, notes, and debentures.. 1,848,877.09 Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts {including over- drafts) ........................ . 3,999,815.69 Bank premises owned, furniture and fixtures........................ . 231,617.59 Real estate owned other than bank premises....................... . None Investments and other aaeets indi- rectly representing bank premises or other real estate............. . None Customers' liability to this bank on acceptanres outstanding......... . None - - - - - OtherAaeets..................... . 103,305.86 Total ANeta.................$ 10,904,232.32 LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . D':fi~!~n~f. ~~~~~- ~~~- ~-ol~t-i~l- ~~~ Deposits of banks ................ . Other deposits {certified and officers' cheeks, etc.) ................... . Bills payable...... ............... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . ::: ::: :::: :: :::::::: ::::: Other liabilities.................. . ~:~r:!. Undivided profits................. . Reserves ........................ . 6,085,860.911 2,795,916.49 77,991.30 834,185.47 85,656.35 54,278.88 None None 154,467.99 350,000.00 350,000.00 96,733.0.~ 19,141.80 ito, Total Liabil'ties.............. 904,232. 32 STATEMENT Showing condition at the close of business December 31, 1961, of THE CITIZENS AND SOUTHERN BANK OF EAST POINT East Point, Ga. As called for by the Superintendent of Banks EUGENE E. JONES, President. Date of Charter: 11-12-1948 HUGH D. THOMPSON, JR., Cashier. Began Business: 11-19-1948 ASSETS Cash, balances with other banks, in- cludinJ!t reeerve balances, and cash items 1n proceu of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~iop~ of States and political BUbdiVIBlODI . ......... , ..... 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 .................... .. 1,375,533.05 2,830,935.91 699,450.41 None 85,000.00 4,091,841.41 117,056.53 None None None 27,706.08 Total Assets .................. S 9,227,523.39 LIABILITIES Demand deposits.................$ Time deposita.................... Deposits of U.S. Government..... . D~!t~.:~ ~~~~ ~~~ .~l~~i~~ ~~~ Deposits of banks ................ . Other deposits {certified and officers' cheeks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities.................. . ~:pif:!:::::::::::::::::::::::::: unlvided profits................. . Reserves ........................ . 4,516,147.58 2,347,558.86 351,504.64 718,409.46 None 74,274.69 None None 409,649.78 300.000.00 300,000.00 62,757.41 147,220.97 Total Liabilities ...............$ 9,227,523.39 58 DEPARTMENT OF BANK=I=-:N:...::G:__ _ _ _ _ __ STATEMENT Showing condition at the close of business December 31, 1961, of FARMERS & MERCHANTS BANK Eatonton, Ga. As called for by the Superintendent of Banks L. 0. BENTON, JR., President. Date of Charter: 10-30-1922 R. L. HARRISON, Cashier. Began Business: 11-15-1922 ----------- ASSETS Cash, balances with other banks, in- eludinj! reserve balanees, and cash items m process of collection ...... S United Stat~ Government obligations, dirert and i3.88 1,106,477.74 16,292.89 199,968.75 25,000.00 502 250. 8.'; 11,979.50 None None None 13,094.33 2,266,917.94 LIABILITIES Demand deposits................. S Time deJIOIIIts.................... Deposits of U. S. Government ..... . Deiloai~ of States and political aub- diViatona ...................... . 8::~\:4'!rtified ~ci om~ checks, etc.) ................... Billa payable..................... . Aeeeptaocea executed by or for ac- count of this bank and outstaodioc........................... . Other liabilities .................. . ~~~!.::::::::::::::::::::::::: Undivided profits................. ~es ...................... 866,419.16 576,548.12 9,089.42 554,217.39 30.080.88 3,744.90 None None 65,905.06 60.000.00 60,000.00 29.350.63 11,562.38 Total Liabilities............ S 2,266,917. 94 62 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, of BANK OF FINLEYSON Finleyson, Ga. As called for by the Superintendent of Banks R. L. SCARBOROUGH, President. Date of Charter: 9-20-1910 C~RENCE FINLEYSON, Cashier. Began Business: 9-20-1910 ASSETS Caab, balances with other banks, in- cluding reserve balances, and caeh items in proceae of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~iop~ of States and political 8UbdlV1810nS . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premiaea owned, furniture and finures........................ . Real estate owned other than bank premiaea...................... Investments and other aaaeta indi- rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . Total Auets .................. $ 187,543.32 97,000.00 None 145,000.00 None 294,513.34 856.83 None None None None 724,913.49 LIABILITIES Demand depoaits. . . . . . . . . . . . . . . . . $ Time deposita.................... . Deposits of U.S. Government..... . De~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........................ . 449,096.59 119,222.98 None 18,381.95 None 7,080.34 None None 7,632.86 25,000.00 50,000.00 25,000.00 23,498.77 Total Liabilities.............. $ 724,913.49 STATEMENT Showing condition at the elose of business December 31, 1961, 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 W. P. HERLOVICH, Cashier. Began Business: 7-19-1948 ==================================~-=-=-=-=-=-----~-===========================-=-==-=-~--~-=-===- ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed...... Ob;~t{i~i~~on~f. -~~~~~. ~n~. _po~i~ical Other bonds, notes, and debenturt's.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) .. . . . .. .. .. . .. .. . . . . . . . . . Bank premises O\\'Ded, furniture and fixtures......................... Real estate owned other than bank premises........................ Investments and other aaaets indi- ~~~~be~e~;:~~:~~!. ~~~k..P.'~rnise~ Customers' liability to this bank on Ot~~~e~~~~- ~~~~~~~-di~~: : : : : : : : : . 722,749.34 445,121.67 35,229.34 40,000.00 None 1 , 343 ,595 .0.5 6,202.11 None None None I ,651 .67 LIABILITIES Demand deposts..................$ Time deposits.................... . Deposits of U.S. Government ..... . D':WvT!~~0~f. ~~~~s. ~~~- ~-ol~t.i~~~. ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . !'lurplus ......................... . Undivided profits................. . Reserves .................... : ... . 967,238.95 935,723.70 20,124.85 348,985.93 23,347.08 5,669.52 None None 5,000.00 100,000.00 125,000.00 63,459.15 None TotaiAssets................. $ 2,594,549.18 Total Liabilities.............. I 2,594, 549. 18 FORTY-SECOND ANNUAL REPORT 63 STATEMENT Showing condition at the close of business December 31, 1961, 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 "'ith other banks, in- cluding reserve balances, and cash items in proceBB of collection ...... $ United States Government obligations, direct and guaranteed...... Obliga~io.n~ of States and political subdiVISIOns. . . . . . . . . . . . . . . . . Other bonds, notes, and dehenturP.a.. Corporate stocks (including stock of Federal Rt-serve Bank)... . . . . . . . . Loans and discounts (including over- drafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other aBBeta indi- rectlY representing bank premises or other rP.al estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . . 895 ,593 .55 1,326,886.51 576,492. 20 260,000.00 None 1, 747,622.55 10,277.66 None None None 1. 225 .42 Total ABBeta .................. $ 4,818,097.89 LIABILITIES Demand deposits................. $ Time depos1ts.................... . Deposita of U.S. GovernmP.nt ..... . De~o~i!s of States and political aub- dtVlStons ...................... . Deposita of hanks ................ . Other deposita (certified and officers' ~becks, etc.) ................... . Billa payable..................... . Accl'ptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities ................. .. ~~~;~~!.:::::::::::::::::: ::::::: Undivided profits................. . Reserves ........................ . I ,734,393.97 1,919,889.91 3,791. 74 470,035.71 None 9,102.15 None None 178,763.21 50,000.00 50,000.00 300,000.00 102,121.20 Total Liabilities............. $ 4,818,097.89 S~ATEMENT Showing condition at the close of business December 31, 1961, of BANK OF FOREST PARK Forest Park, Ga. As called for by the Superintendent of Banks C. G. DUNCAN, President. Date of Charter: 5-9-1956 JOHN W. NAPIER, Cashier. Began Business: 10-15-1956 ASSETS Cash, balances with other banks, in- cluding reserve balances, and casla items in proceBB of collection ...... $ United States Government obligations, direct and guaranteed . .... . Obli~~io_n~ of States and political SUbdtVlSlODS . ... , . , ........... . Other bonds, notes, and debenturPs.. Corporate stocks (including stock of Federal RPserve 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 rl'presenting bank premises or other rPal Palate . . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 835,932.31 832,475.68 5,985.27 523,806.25 None 1, 728,485.06 55,973.46 None None None 8,834.47 Total ABBets .................. S 3,991,492.50 LIABILITIES Demand deposits................. S Time dPposits.................... . Deposita of l1. S. Governm<'nt ..... . De'!o~i!s of States and political sub- dtvlstons ...................... . Deposits of hanks ................ . Other deposits (certified and officers' checks, etc.) ................... . Billa payable..................... . Acceptanc<'s executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Rurplus ......................... . Undivided profits................. . Reserves ........................ . 2,119,331.98 1,069,794.33 58,413.24 402,341.37 None 17,355.85 None None 43,091.73 200,000.00 50,000.00 31,164.00 None Total Liabilities.............. S 3,991,492.50 64 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, 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- cludinjl reserve balances, and cash itemam process of collection..... I United States Government obligations, direct and guaranteed. . . . . . Obliga~io!'~ of ~tates and political SUbdiVISIOns . 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 ASBeta. . . . . . . . . .. .. . . . . . . . .. 1,014,664.58 847,747.19 192,235.62 None None 459, 934.09 4,728.63 None None None None Total ASBeta ......... - ....... I 2,519,310.11 LIABILITIES Demand deposita.................. $ Time depoata.................... . Deposita of U.S. Government ..... . D'Jl~~~.,<:,t_ ~~~~e. ~~- ~-lit_i~~~ ~u!>- 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........................ . 1 ,058,839. 94 430,379 ..56 688,114.26 54,081.93 None 6,768.41; NonE" None NonP 40,000.00 60,000.00 Nonr 181' 125.97 Total Liabilities.... .......1 2,519,310.11 STATEMENT Showing condition at the close of business December 31, 1961, of THE FARMERS BANK Forsyth, Ga. As called for by the Superintendent of Banks R. 0. PERSONS, JR., C. E. MACKEY. President. Date of Charter: 3-9-1910 Cashier. Benn Business: 1910 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed. . . . . o~~t:J\~'ion~f -~ta.t~s. ~~~- .po~it~".".. 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. . ... 225.041.76 632 ' 262 .f.O Non<' ~Onf' XonP 842 .!i06 42 2.00 ~ont :\""ont ~Of)(' :\orw fl~l!l. Sl:!. fiR LIABILITIES Demand deposits................. S Time depos1ta .................... . Deposits of U.S. Government ..... . D'Jl~T!!~n~f ~tat~. an~- _P_"_I~t-i~a~ ~~!>- Deposits of banks . . .............. . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstand- ing . . ............... . Other liabilities .............. . Capital. ......................... . Surplus ........................ . Undivided profits ................. . Reserves. . ........ . 639,290.17 516,919.24 )5,98!;.16 ~54.278.37 NonP 1.273.43 NonP ~om Xonf> ;';0.000 .00 ;;0,000 00 ~on 72,066 :JJ Total Liabilities ...... . 1,fWH,81:? fi~ FORTY-SECOND ANNUAL REPORT 65 STATEMENT Showing condition at the close of business December 31, 1961, 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 Caah, balances with other banks, in- cluding reserve balances, and caab items in proceaa of collection...... S United States Government obligationa, direct and guaranteed ..... . Obliga~io.n~ of States and political aubdiVlSJOna .................. 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 .... ............ s 402,134.52 609,807.66 547,033.52 501,418.75 Non' 1,016,376.40 520.18 379.00 None Non{' Nonf' 3,077,670.03 LIABILITIES Demand deposits................. S Time depos1ts .................... . Doposits of U.S. Government ..... . D~'i~t~n~f. ~~~t-:s. ~n~. ~-o~~t~~- s~b~ 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 ........................ . 1,120,759.74 1,540,766.69 28,810.82 174,618.20 None 4,300.46 None Non<' 22,994.18 25.000.00 75,000.00 20,419.94 65,000.00 Total Liabilities.............. S 3,077,670 03 STATEMENT Showing condition at the close of business December 31, 1961, 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 JAS. A. BROWN, Cashier. Be~an Business: 2-15-1937 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, direct and guaranteed . . . . . . Obligations of States and political subdivisions. . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank).. . . . . . . . . Loans and discounts (including overdrafts) . . . . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . . Investments and other assets indi rectly representing bank premises or other rea) estate. . . . . . . . . . . Customers' liability to this bank on B{"Ceptances outstanding. Other Assets.. 433,966.42 1, 129, 279. 50 :m ,669. !)0 Non Non<' 36ii ,287. 28 8.000 00 ~ont Xon1 :Xoru ~on1 Total Assets. . ~ 1 .mm.:?o:! 70 LIABILITIES Demand depoaits. . . . . . . . . . . . . . . . S Time deposits..................... Deposits of U. S. Government. . . . . . D'Ji~!l~n~f S~~tes. ~~d. p.o.l~t.i~~l SU~ Deposits of banks ................ . Other deposits (certified and btlicers' cheeks, etc.) ............. . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ............ . Other liabilities ... . Capital. ... . Surplus ......... . Undivided profits.. . Reserves ... I , 176 ,483 .26 3,<;9,136. 90 I ,923.00 236,125.66 13,,';06.48 4,200.00 NonP Non> ~nnP swo..oooooo..oooo 81!:1;,,o82o7o..o3o2 Total Liabilities. S 1 ,H!Jfi :W:? 7() 66 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, 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. Bea-an Business: 10-15-1924 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash S items in proceaa of collection..... . United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political au'bdlVlSlona . .................. . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reaerve Bank) .......... . Loans and discounts (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 this bank on acceptances outstanding......... . Other Assets..................... . Total Assets .................. S 631,422.52 2,269,976.20 674. 90.~. 77 None None 2.285,093.59 13,543.64 None 1,000.00 None 13,452.36 5,889,394 .08 LIABILITIES Demand deposita..................S Time depos1ts.................... . Deposita of U. S. Government ..... . DeJfvt!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.................. . ~.=t:!.::: :: ::: :: :: :: :: :: :: ::::: Undivided profits................. . Reserves ........................ . 3,109,397.65 984,769.51 101,008.71 908,434.82 10,000.00 18,117.23 None None 107,990.10 200,000.00 200,000.00 249,676.06 None Total Liabilities...............s 5,889,394.08 STATEMENT Showing condition at the close of business December 31, 1961, 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- cludinj!: reserve balances, and cash items m process of collection..... S United States Government obliga tiona, direct and guaranteed ..... . Oblipt_io_D!I of States and political aubdtvl&tons . .................. . Other bonds, notes, and debentures.. Corporate stocks (including atock of Federal Reserve Bank) .......... . Loana and discounts (including over- drafta) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premiaee....................... . Investments and other asseta indi- rectly representing bank premisca or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . :>ther Assets..................... . 245,907.16 712,338.64 77,505.21 125,343.75 None 594,227.26 21,246.84 None None None None Total Assets . . . . . . . . . . . . . . . . . S 1, 776 , 568 .86 LIABILITIES Demand depoeita..................$ Time deposita.................... . Deposita of U.S. Government ..... . De~i~ of States and political sub- diviaaona ...................... . Deposit.. of banks ................ . Other deposita (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~f:!.::: :::: :: ::: :::: ::: :::: :: Undivided profits................. . Reserves ........................ . 666,463.51 676,625.41 17,411.24 177,429.44 None 10,321.01 None None 309.57 50,000.00 150,000.00 18,008.68 10,000.00 Total Liabilities............. S 1,776,568.86 FORTY-SECOND ANNUAL REPORT 67 STATEMENT Showing condition at the elose of business December 31, 1961, of THE CITIZENS BANK Gainesville, Ga. As called for by the Superintendent of Banks ROBERT A. BRICE, President. Date of Charter: 5-19-1913 PIERCE J. HANCOCK, Cashier. Began Business: 6-1913 ASSETS Caeh, halances with other banks, in- cluding reserve balances, and caah items in process of collection...... S United States Government obligations, direct and guaranteed..... . Obliga~i~"!' of States and political 8UbdiV1810D8 . ............. Other bonds, notes, and debentures.. Corporate stocks (mcluding stock of Federal Reserve Bank) .......... . Loans and diacounts (including over- drafts) ........................ . Bank premises owned, furniture and fur:turea . . . . . . . . . . . . . . . . Real estate owned other than bank premises....................... . Investments and other aaaeta indi- ~J.e~e:=;..ea::!':!. ~- -~r~~ Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 1,315,115.26 3,396,138.33 8,871.30 726,610.00 None 2,648,959.2i 154,282.90 None None None None Total Assets ................. S 8,249,977.06 LIABILITIES Demand deposita..................S Time depos1ta.................... . Deposita of U. S. Government . . . . . . D':C:.:~ ~~~- ~~- ~~~~~. ~~~ Deposita of banks ................ . Otller deposita (certified and oflicera' clleeka, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- oount of tbia bank and outstanding........................... . Other liabilities .................. . ~~.::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 3,833,513.28 1,56.5,797.19 361,025.03 1,632,812.19 182,268.65 566.70 None None None 150.000.00 200,000.00 29.5,116.34 28,877.68 Total Liabilities.............. S 8,249,977.06 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF GIBSON Gibson, Ga. As called for by the Superintendent of Banks LOUIE H. GRIFFIN, President. Date of Charter: 11-7-1905 E. E. GRIFFIN, JR., Cashier. Began Business: 11-27-1905 ASSETS Cash, balances with other banks, in- cludillJ items m reserve proceaa boaflcaonlcleesc,tiaonn d. . .c.a.s.hs United States Government oblip. tiona, direct and guaranteed ..... . o~~~wo.!f. -~t_a~. ~~ .~~~~ Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and diacounts (including over- drafts) ....................... . Bank premises owned, furniture and fur:tures........................ . Real estate owned other than bank premises....................... Investments and other aasets indi- :"!~1.e~er:...eaee!:!':. ~- -~r~~~~ Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . Total Assets ................. S 102,409.98 3M,267.00 79,219.63 None None Il8,930.18 9,500.00 None None None None 694,326.69 LIABILITIES Demand depoeita.................. S Time depos1ta .................... . Deposita of U. S. Government ..... . D~~,!~ ~~~~. ~~- ~~t~~- ~~~ Deposits of banks................ . Other deposits (certified and oflicera' cheeks, etc.) ................... . Bills payable..................... . A~ceptances executed by or for ac- count of this bank and outstandOtihnegr.l.ia.b.i.l.it.i.e.s ....................... Capital.......................... . Surplus......................... . Undivided profits................. . Reserves ........................ . 381,115.82 None None 242,000.00 None 210.87 None None None 25,000.00 37,500.00 8.500.00 None Total Liabilities. . . . . . . . . . . . . S 694,326.69 68 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of CITIZENS BANK Glennville, Ga. As called for by the Superintendent of Banks T. R. SMITH, President. Date of Charter: 12-31-1942 MRS. MARGARET D. BACON, Cashier. Began Business: 1-4-1943 ASSETS Cash, balances with other banks, in- cludinJ reserve balances, and cash items m process of collection...... S United States Government obligations, direct and guaranteed ..... . Ob!ip~io.n~ of States and political eubd.iVISlODB ................. Other bonds, notes, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and tistures........................ . Real estate owned other than bank premises....................... . Investments and other aasets indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets.................... 312,509.07 153,000.00 114 ,.';86 . .';7 2.';8. 937 ..';0 704,391.34 27,071.50 ~00{' !\;onP ~onP Total Assets ................. S 1.;;70.4!15 98 LIABILITIES Demand deposits..................S Time depoetts.................... . Deposits of U.S. Government ..... . D~!J!n~f. ~~t~s. ~~~. ~.l~t~~l. ~~~ Deposits of banks ................ . Other deposita (certified and officers' checks, et.c.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities .................. Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ . 568,567.25 524,.';80.96 9,630.27 269,071.34 None 714.77 None ~00(' 12,8.';6.!13 60,000.00 40,000.00 8.';,074 .46 None Total Liabilities.............. S 1,570,495. 98 STATEMENT Showing condition at the close of business December 31, 1961, of THE GLENNVILLE BANK Glennville, Ga. As called for by the Superintendent of Banks J. A. BACON, President. Date of Charter: 1-12-1905 -~----- - - - - - - - - - -- J. A. ROGERS, Cashier. Began Business: 1-18-1905 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... 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 othf>r assPts indirectly reprrsentiilg bank prPmises or other na.l c~tate. . . Customers' liahilitv to this hank on acreptances outstanding. Other Assets. 625,954 .or. 962, !152 30 68, 75~. 06 :'\ont :"" o n t I . 487.672 3:l :!R. 722 r,'2 :'\ ont :'\ PTH ~(lf!t' '\"on1 LIABILITIES Demand deposits. S Time deposits..................... Deposits of U.S. Government...... Deposits of States and political sub- di\isions .. Deposits of hanks . . . . . . . . . . . . . . . Other deposits (certified and officers' <"hCC'ks. etc.). Rills payable. AcC'eptances exet'uted by or for ac- count of this bank and outstand- ing ....... . Othr liabilities Capital Surplus Undivided profits. Reserves 1,108.705.8!1 1,771,700.0;, 11,035.211 26.878.77 !\:nnr 14,314 1!1 :-.:onf '\orw 1!1 4;j ;.-,.ooo on 7.),000 ()(~ RO.:l!O 18 11.0\tf; 41 Total Assets. $ :~. l 71. Oti() '2t, Tntal Lin.klit1e:. FORTY-SECOND ANNUAL REPORT 69 STATEMENT Showing condition at the close of business December 31, 1961, of THE GORDON BANK Gordon, Ga. As called for by the Superintendent of Banks R. F. GIBBS, President. Date of Charter: 6-8-1946 R. F. GIBBS, Cashier. Began Business: 8-1-1946 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . 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' lisbility to this bank on acceptances outstanding. Other Assets. Total Assets ..... . s 416,138.99 375.000.00 40,000.00 205,08.';.61 None 642,984.15 14,161.49 None None None None 1,693,370.24 LIABILITIES Demand deposits... . ... S Time dep:>nts. . . . . . . . . . . . . . . . ... . Deposits of U. S. Government ..... . D'Ji~f!t~~~ Statu a~d p_olit.ica1 ~~lr Dep:>sits of banks ................ . Other deposits (certified and officers' checks, etc.) .... : .. . Bills payable. . ........ . Acceptances executed by or for ac- count of this bank and outstanding ......... . Other liabilities. Capital. .......... . Surplus ......... ... . Undivided profits .... . Rescn.-es. ,';12,400.0,'; 576,975.19 2.155.00 418,120.06 None 690.60 None Non(~ Nonr 35,000.00 100.000 00 48,029.34 None Total Liabilities .. s 1,693,370 24 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF GRAY Gray, Ga. As called for by the Superintendent of Banks D. V. CHILDS, JR., President. Date of Charter: 8-23-1909 F. H. CHILDS, Cashier. Began Business: 8-28-1909 ASSETS c,;,h, balances with other banks, in- cluding reserve balances, and cash items in process of collection ..... $ United States Government obligations, direct and guaranteed ..... . Obligations of States and political subdivisions ................... . Other bonds, notes, and debentures.. Co!J!Orate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts).. . . . . . ................ . Bank premises owned, furniture and fixtures..... . ................. . Real estate owned other than bank premises.... . . . . . . . . . . ... Investments and othPr assets indirectly representing bank premises or other real estate . . . . ..... . Customers' liability to this bank on acceptan<'t's outstanding. Other Assets. Tot~! Asset& 399,230 01 406,000.00 27.000 00 None ~00(' 707 .lall.33 :~:!.24!1 33 x(mf :'\orH :\on<> :\"ortf LIABILITIES Demand deposits ................. S Time depos1ts ................... . Deposits of U. S. Government ..... . D~l~~n~f States and_ political sub- Deposits of banks . . . . ............ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable ..................... . Acceptances executed by or for ac- count of this bank and outstanding ............... . Other liabilities ....... . Capital.. ............. . Surplus ................ . Undivided profits........ . Reserves ..... 808,134.81 331.791 .58 I.M6.55 307.60103 None 2.17!1.12 None ;-;on( ~onf' ,-,o .ooo .oo r.o ,000.00 2l.~8!i.!i8 ::\'on<' Total Liabilities. 70 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF GREENSBORO Greensboro, Ga. As called for by the Superintendent of Banks H. D. GOODWIN, President. Date of Charter: 10-13-1926 C. WELDON SMITH, Cashier. Began Business: 10-14-1926 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... $ United States Government obligations, direct and guaranteed..... . Obligat_iop~ of States and political subdlvl8tona . .................. . Other bonds, notea, and debentures .. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fizturea ........................ . Real estate owned other than bank premises....................... . Investments and other B88eta indi- ~~!~e~ef::l'!~:!."J. ~~~--~r~~ Customers' liability to this bank on acceptances outstanding......... . Other Asseta..................... . 553,990.42 664,615.32 193,087.19 237,825.01 None 773,128.32 10,157.68 None None None None Total Assets .................. $ 2 ,432 , 803. 94 LIABILITIES Demand deposita..................$ Time depos1ta.................... . Deposita of U.S. Government..... . D'JlZf!!!n~~ ~~~- ~~- ~-~t~~- ~~~ Depoaita of banka ................ . Other deposita (certified and oflicera' cbecka, etc.) ................... . Billa payable..................... . Acceptances ezecuted by or for ac- count of this bank and outatanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ . 792,728.53 1' 124,244.48 30,433.42 234,477.89 None 13,099.07 None None 9,000.00 100,000.00 100,000.00 28,820.55 None Total Liabilities.............. $ 2, 432,803. 94 STATEMENT Showing condition at the close of business December 31, 1961, of THE CITIZENS BANK Greensboro, Ga. As called for by the Superintendent of Banks J. M. REYNOLDS, SR., 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 caah itema in proceaa of collection ...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io~ of States and political subdlvl810ns . .................. . Other bonds, notea, and debentures.. Corporate stocka (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and fidures........................ . Real estate owned other than bank premises....................... . Investments and other assets indi- rectly representing bank premises or other real estate ............. . Customera' liability to this bank on acceptances outatanding......... . Other Assets................... . 559,207.42 345,515.63 237,881.09 None None 776,532.64 1,458.09 None None None 6,158.43 Total Assets .................. $ 1 , 926, 753 . 30 LIABILITIES Demand deposita..................$ Time depos1ta.................... . Dep011ita of U. S. Government . . . . . . DeJl~~~:~~ ~~~~- ~~~ ~o.l~t.i~l. ~~~ Dep3sits of banks ................ . Other deposita (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........................ . 878,352.06 595,526.55 27,526.11 227,228.43 None 5,883.92 None None 376.00 75,000.00 75,000.00 41,860.23 None Total Liabilitiea............. $ 1,926,753.30 FORTY-SECOND ANNUAL REPORT 71 STATEMENT Showing condition at the close of business December 31, 1961, of THE GREENVILLE BANKING CO. Greenville, Ga. As called for by the Superintendent of Banks J. P. ATKINSON, President. Date of Charter: 10-24-1887 R. M. PHILLIPS, Cashier. Began Business: 1891 ASSETS Cash, balances with other banks, in- cludilljl reserve balances, and cash items m process of collection...... S United States Government obligations, direct and guaranteed ..... . Obligat_io~ of States and political BUbdlVlSlODS . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- d:-afta) ........................ . 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..................... . 331,012.45 635,573.77 83,916.81 120,055.00 None 349,544.04 7,681.50 None None NonP 6,000.00 Total Assets. . . . . . . . . . . . . . . . . S I ,533,783. 57 LIABILITIES Demand deposita.................. S Time deposita.................... . Deposits of U.S. Government ..... . D'jl~~~~~f. ~~~~s. ~~~- ~-ol~t~~l. ~~~ Deposita of banks . . . . . . . . . . . . . . . . . Other deposits (eertified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ . 709,769.05 387,583.09 11,306.83 258,914.83 10.000.00 825.39 None None 8,997.49 50,000.00 50,000.00 46,386.89 None Total Liabilities.............. S 1,533,783.57 STATEMENT Showing condition at the close of business December 31, 1961, 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- cludin~ r..>serve balances, and cash items m process of collection...... S United States Government obligations, direct and guaranteed...... Obligat_io.ll!' of States and political aubdivlBIOns. . . . . . . . . . . . . . . . . . . . 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 <'State. . . . . . . . . . . . . . Customers' liability to this bank on aeceptanees outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . . 2 ,671,907.76 5,5.';3,264.86 903,342. 18 None None 6,525,574.83 45,799.19 229,764.30 None None None Total Assets .................. S 15,929,653.12 LIABILITIES Demand deposita................. S Time deposits.................... . Deposita of U.S. Government . . . . . . DeJi~!1~n~~ ~~~- ~~- ~-ol~t~~l. ~~~~ Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ................. Undivided profits................. . Reserves ........................ . 6,171,374.44 5,406,505.43 430,300.10 1,832,587.86 25,059.84 197,249.73 None None 515,416.89 400,000.00 800,000.00 151,158.83 None Total Liabilities.............. S 15,929,653.12 72 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, 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 collertion ...... S United States Government obligations, direct and guaranteed...... 0~~f.N~:o;I. -~~~~ .an~..~~-i~i-~~ Other bonds, notes, and debentures.. Corporate st.ocks (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- ~';!3',e~er::t"::~~:. ~~~k. _pre~i.se~ Customers' liability to this bank on acceptances outstanding......... . Other Assets...................... I ,658, 396 .38 2,261,638.90 811 , 170. 41 779,018.86 24,000.00 3,461, 776.52 175,621.94 None None None None TotsiAssets ................. S 9,171,623.01 LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U.S. Government ..... . D";H~!~~n~f ~~U: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.................. ~:rir:!. unlivided profits................. . Reserves ........................ . 4,650,773.89 2,395,739.12 439,573.53 538,614.39 None 9,211.37 Non~ Non~ 112,000.00 300,000.00 600,000.00 125,710.71 None Total Liabilities.............. S 9,171,623.01 STATEMENT Showing condition at the close of business December 31, 1961, 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- cllidilljJ reserve balancee, and cash iteme m process of collection...... S United States Government obliptione, direct and guaranteed ..... . Ob~~l:oo':,t, .~~.~. ~~~. ~~~~ Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank} .......... . Loane and discount. (including over- drafts} ........................ . Bank premiees owned, furniture and fixtures ........................ . Real eetate owned other than bank premiees....................... . Investment. and other aaeets indi- rectly representing bank premiees or other real estate ............. . Customers' liability to thie bank on acceptances outstanding......... . Other Assets..................... . Total Assete. . . . . . . . . . . . . . . . . S 135,295.79 164,199.00 24,787.04 None None 332,776.19 466.06 1.00 None None 2,606.08 660,131.16 LIABILITIES S Demand depoeits..................I Time deposits.................... . Depoeits of U.S. Government ..... . DeJ!O!i~ of Ststee and political eub- divielona .................... Deposits of banke................ . Other deposits (certified and oflicere' checke, etc.) ................... Bille payable..................... . Acceptances executed by or for ac- count of thie bank and outstand- ing ........................ Other liabilities .................. . Capite!..... ' ................... Surolus ........................ Undivided profits................. . Reeerves....................... .. 301,056.83 215,662.30 4,308.75 17,000.00 None 166.30 None NonP None 25,000.00 75,000.00 21,936.98 None Tote! Liabilities. . . . . . . . . . . SS 660,131.16 FORTY-SECOND ANNUAL REPORT 73 STATEMENT Showing condition at the elose of business Deeember 31, 1961, of CITIZENS BANK OF HAHIRA Hahira, Ga. As ealled 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 Cub, balances with other banks, in- cludinjl reserve balances, and caah items tn proceaa of collection ...... $ 349,433.8/i United Statea Government obliga- tiona, direct and guaranteed ..... . 273,126.07 Obliga~i~JI!I of States and political subdiv18IOD8 . . . . . . . . . . . . . . . . . . . . 2,962.20 Other bonds, notes, and debentures.. 225.175.00 Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts (including over- drafts) ........................ . 60.'i,450.03 Bank premiaea owned, furniture and fixtures........................ . 30,205 ..'i5 Real estate owned other than bank premises....................... . 3,639.42 Investments and other aaaeta indi- rectly representing bank premiaea or other real estate ............. . None Customers' liability to this bank on acceptances outstanding......... . None - - - - Other Aaaeta..................... . Non" Total Aaaeta .................. $ I , 489, 992 . 12 LIABILITIES Demand dejlOIIita................. $ Time depos1ta .................... . Deposita of U.S. Government ..... . D~~~f. ~~~- ~~~- ~~~~- ~~~ Deposita of banks ............... .. Otlier deposita (certified and officers' checks, ete.) .................. .. Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilitiea .................. . Capital. ......................... . Surplus ......................... Undivided profits................. . Reaervea ........................ . 725.864.32 53.';. 028 .02 7.069.60 76.879.61 1.547.20 None None None 17.7.'i7.s.; 2.'i.OOO.OO 7.5.000.00 I 1.042.10 14.803.42 Total Liabilities. . . . . . . . . . . . . . $ 1 489 992 . 12 STATEMENT Showing condition at the elose of business Deeember 31, 1961, of COMMERCIAL BANKING COMPANY Hahira, Ga. As called for by the Superintendent of Banks TALLEY LAWSON, President. Date of Charter: 1-29-1945 V. A. GASKINS, Cashier. Began Business: 4-5-1945 ASSETS Cash, balances with other banks, in- cludiDjl reserve balances, and cash items 1n proceaa of collection. . . . . $ United States Government obi~ tiona, direct and guaranteed ..... . o~~\~!1on".:. -~~~~. ~~- .~~i~~c~ Other honda, notes, and debentures.. Corporate atocka (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premiaea oW..ed, furniture and fixtures.................... .... . Real estate owned other than bank premiaea..................... Investments and other &881't& indi- rectly repreaenting bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaeta..................... . Total Aaaeta .................. $ 113.832.59 652,991.95 None None Nonr 169,333.04 1.920.52 None None None None 938,078.10 LIABILITIES Demand deposita................ S Time depoa1ta.................... . Deposita of U. S. Government . . . . . . DeJ!O!i!s of States and political sub- diviaJona ...................... . 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.................. . ?u:;:::!.::: :: :::::::::::::::::::: Undivided profita................. . Reserves ........................ . 398,432.34 383,571.06 415.81 82 ,35/i .09 None 737.52 None None 2.000.00 25.000.00 25,000.00 .566.28 20,000.00 Total Liabilities. . . . . . . . . . $ 938,078.10 74 DEPARTMENT OF BANKIN--'-G..::.__ _ _ _ _ _ _ __ STATEMENT Showing condition at the close of business December 31, 1961, of CITIZENS BANK OF HAPEVILLE Hapeville, Ga. As called for by the Superintendent of Banks C. P. GLOVER, JR., President. Date of Charter: 7-20-1945 THOS. H. CAREY, Cashier. Began Business: 9-4-1945 ASSETS Cuclllu,dbiaaJlaruecseeervweitbhaloatuhceere,baanndksc, uinb- iteme m proceea of collection...... S United States Government oblip- tiona, direct and cuaranteed . . . . . . Ob:ff::O::. -~~~. ~~- -~~~~~ Other bonds, notes, and debentures. . ~te atocka (includina stock of Federal Reserve Bank)........... Loans and diacounta (includina over- draft.) . .. . . . . .. . . . . .. . .. . . . . . . Bank premiaea owned, furniture and fixtures......................... Reparl eemetaitaeeoew.n..e.d..o..th..e.r..t.h.a..n..b..a.n..k Inveetmenta and other uaeta indirectly representing hank premiaea or other real eetate. . . . . . . . . . . . . . Customers' liability to thia bank on acceptancee outatandiq.......... Other Aaaete.. . . . . . . . . . . . . . . . . . . . . 878. 619 .46 1 , 451 173 . 71 144.999.90 490,562.25 None 2. 942.590. 05 89,386.52 13,048.94 22 , 500 .00 NonP 31,639.15 Total.Aaaete................. S 6,064,519.98 LIABILITIES Demand depoeita..................S Time depoeata.................... . Deposita of U. S. Government .... De.fl:!~!.:f. ~~~~- ~~- ~-~t.i~~ ~~ 8:;i~~!;riifi.Mi imci c;~ⅇ.; checks, etc.) ................... . Billa payable.................... .. Acceptances ellecuted by or for ac- count of thia bank and outetancling ........................... Other liabilitiee................. .. Capital. ......................... . Surplus ..................... Undivided profits................. . Reaervee ........................ . 3,421,631 .55 1,271,827.32 89,729.93 334,471.79 24,642.57 338,294.78 None None 121,414.75 300,000.00 100,000.00 62,507.29 None Total Liabilitiee.............. S 6,064,519.98 STATEMENT Showing condition at the close of business December 31, 1961, ot BANK OF COLUMBIA COUNTY Harlem, Ga. As called for by the Superintendent of Banka E. D. CLARY, JR. President. Date. of Charter: 11-29-1909 HENRY E. L. MILLER, Cashier. Began Business: 12-13-1909 ASSETS Cash, balances with other banks, in- cluding reserve lmlances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~io,n~ of States and political subdJvJstons . . . . . . . . . . . . . . . . . . . . Other bon.03 76,230.74 722,794.69 None 28,956.56 None None None 100,000.00 100.000.00 100,000.00 153,339.77 Total Assets .................. S ,o; , 180, 964 .58 Total Liabilities.............. S 5,180,964.58 76 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of PLANTERS BANK Hawkinsville, Ga. As called for by the Superintendent of Banks W. N. PATE, President. Date of Charter: 2-27-1896 J. P. McGRIFF, Cashier. Began Business: 3-1896 ASSETS Cash, balances with other banks, in- clu~ reserve balances, and cash items 1n process of collection...... I United States Government obligatioDII, direct and guaranteed . . . . . . 0~~::'W:.:. -~~~. ~~ -~~~~ Other bonds, notes, and debentures.. Corporate stocks (including atoek of Federal Reserve Bank)........... Loans and discounts (including over- drafts)......................... Bank premiaea owned, furniture and fixtures......................... Real estate owned other than bank premiaea. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indi- rectly representing bank premiaea or other real estate.............. Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Assets..... . . . . . . . . . . . . . . . . . Total Assets.................. I 738,974.31 1 ,044 ,334 .03 198,649.85 None None 759,519.28 2,500.00 10.000 .00 None None None 2, 753,977.47 LIABILITIES Demand deposita.................. I Time deposita.................... . Deposita of U.S. Government ..... . DBJ!O'!i~a of States and political aub- diviatous ...................... . 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.................. . ~=f:!:::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 1, 724,918.38 454,938.12 None 203,218.46 None 13,758.62 None None 10,000.00 100,000.00 100,000.00 25,000.00 122,143.89 Total Liabilities.............. .1 2,753,977.47 STATEMENT Showing condition at the close of business December 31, 1961, of THE PULASKI BANKING COMPANY Hawkinsville, Ga. As called for by the Superintendent of Banks R. D. BUCHAN, President. Date of Charter: 7-20-1949 WM. E. MEADOWS, Cashier. Began Business: 8-27-1949 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection .......I United States Government obligations, direct and guaranteed..... . Obliga~o}l~ of States and political su1JdiV1810DB . ......... Other bonds, notes, and debentures.. Co_l]IOrate stocks (including stoek of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and fiJ:tures........................ . Real estate owned other than bank premises....................... Investments and other assets indi- rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . Total Assets.................. I 317,401.91 505,000.00 5,000.00 None None 977,024.19 89,300.63 None None None None 1,893, 726.73 LIABILITIES Demand deposita................I Time depos1ta.................... . Deposita of U. S. Government ..... . De.rvT!l~~~ ~~~- ~~ ~l~t.i~. ~~~ 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.................. . ?ur.!t:!:::::::::::::::::: ::::::: : Undivided profits................. . Raervea..... ....... . 885,209.00 706,614.49 None 111,273.63 None 8,522.62 None None 1.487.60 100,000.00 50,000.00 30,619.39 None Total Liabilities...........I 1,893,726.73 FORTY-SECOND ANNUAL REPORT 77 STATEMENT Showing condition at the elose of business December 31, 1961, of BANK OF HAZLEHURST Hazlehurst, Ga. As ealled 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- cluclinJ reserve balances, and cash itema 1n proeeeo of collection ...... S United States Government obligations, direct and guaranteed . . . . . . 0~~~To,:>.f..~~~~. ~~..~~i~~~ Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounta (including over- draft&) .... 0 0 00 0 0 00 0 0 00 00 00 00 0 0 0 Bank premises owned, furniture and fiztureo ........................ . Real estate owned other than bank premises....................... . Investments and other asseta indi- ~~!~te~e':'~:!':. ~~..~r~~ Customers' liability to this bank on acceptances outatanding...... . . . . Other .Asaeta. . . .. .. .. .. . . . . . . . . . . TotalAsseta.................. s 983,901.09 1 ,446 ,226. 33 19,000.00 None None 571,928.40 2.00 None None None 8, Oll .87 3,029,069.69 LIABILITIES Demand deJlOIIita.................. S 2,038,404.03 Time depostta.................... . Deposita of U. B. Government ..... . nec~t::.~ ~~~. ~~ ~~~t!~ ~~~ 152,233.68 5,706.26 466,789.41 g~~t:!..?t..rt:.;rt.ifi.;d M:ci .;fi;~;a 17,768.45 checks, etc.) ................... . 18,506.06 Bills payable..................... . Acceptances executed by or for ac- None count of this bank and outstand- ing........................... . None Other liabilities................. .. ~::::~:.::: :::: :: :: :::::::::: :::: Undivided profita................. . Reserves ........................ . 29,145.93 100,000.00 100,000.00 85,515.87 15,000.00 Total Liabilities.............. S 3,029,069.69 STATEMENT Showing condition at the elose of business December 31, 1961, of BANK OF HIAWASSEE Hiawassee, Ga. As ealled 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- cludillj( reserve balances, and cash items tn process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~i~D!' of States and political aubdivtatona . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounta (including overdrafts) ........................ . Bank premises owned, furniture and fixtures....................... .. Renl estate owned other than bank premises...................... .. Investments and other assets indirectlY representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 477,735.95 574,454.81 86,225.51 224,665.63 None 658,941.30 12,927.77 None None None None Total Asseta................. S 2,034,950.97 LIABILITIES S Demand deJlOIIita................ . Time depostta.................... . Deposita of U. B. Government . . . . . . D:t::.~ ~~~. ~~ ~~~t.i~l. ~~~ Deposita of banks............... .. Otller deposita (certified and officers' checka, etc.) .................. .. Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities .................. . ~::;:e!.::::::::::::::::::::::::: Undivided profita................. . Reserves ........................ . 861,295.02 787,788.09 4,423.76 143,468.05 None 32,365.88 None None 15,174.06 50,000.00 50,000.00 90,436.ll None Total Liabilities.............. S 2,034,950.97 _7_8_ _ _ _ _ _ _ _ _ _D:c__E_P_A_R:..__:TMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of THE HINESVILLE BANK Hinesville, Ga. As called for by the Superintendent of Banks T. H. McDOWELL, President. Date of Charter: 9-4-1911 W. F. MARTIN, JR., Cashier. Began Business: 11-15-1911 ASSETS Cash, balances with other banks, in- cludintt reserve balances, and eaah items m process of collection ...... S United States Government obligations, direct and guaranteed ..... . Oblip~io~ of States and political BUbdlVIBJODI ..... , , .... , Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts Cincluding over- drafts) ........................ . Bank premises owned, furniture and fi:rturea........................ . 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 Otbac:=:~. ~~~~~~~~::::: 431,882.57 801,391.90 168,090.51 198,718.75 None 1,003,122.35 15,779.31 None None None 5,381.47 Total Assets.................. S 2,624,366.86 LIABILITIES Demand deposita................. S Time deposita.................... . Deposita of U.S. Government..... . DeJ?OI!i! of States and political oub- divistona ...................... . Deposita 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................. .. Capital.......................... . Surpluo ......................... . Undivided profits................. . Reserves........................ . 1,283,534.30 368,296.67 124,464.85 587,318.95 None 4,264.36 None None None 60,000.00 100,000.00 72,987.73 23,500.00 Total Liabilities.............. S 2,624,366.86 STATEMENT Showing condition at the close of business December 31, 1961, of THE cmZENS BANK Hogansville, Ga. As called for by the Superintendent of Banks JOHN R. HINES, President. Date of Charter: 11-30-1961 W. P. ARNOLD, Cashier. Began Business: 12-11-1961 ASSETS Cash, balances with other banks, in- cluding reserve balanCI't!, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~i~~ of States and political aubdiV1810ns ................... . Other bonds, notes, and debentures.. Corporate stocka (including stock of Federal Reaerve Bank} .......... . Loana and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures............... Real estate owned other than bank premises....................... Investment and other aaaeta indirectly representing bank premises or other real estate ............. . Customers' liability to thia bank on acceptances outstanding......... . Other Assets..................... . Total Aoaeta .................. S 320,482.89 200,499.05 3,801.17 None None 427,999.33 28,133.00 None None None 960.25 981,875.69 LIABILITIES Demand deposita.................. S Time depos1ts.................... . Deposita of U. S. Government ..... . DeJ?OI!i! of States and political aubdivistons ...................... . Dej)OB.ita of banks ................ . Other deposita (certified and officers' checka, etc.) ................... . Bills payable.................... .. Acceptances executed by or for account of thia bank and outstanding ........................... . Other liabilities ................. .. ~~~~!::::::: ::::::::::::::::::: Undivided profits................. . Reserves ........................ . 701,917.97 58,755.83 None 54,762.94 None 2,489.86 None None 12,962.85 100,000.00 35,000.00 15,986.24 None Total Liabilities.............. S 981,875.69 FORTY-SECOND ANNUAL -R--E-P-O-R--T--------------------7-9 STATEMENT Showing condition at the close of business December 31, 1961, 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- eludin~ reserve balances, and cash items m process of collection ...... S United States Government obligations, direct and guaranteed ..... . 0~~f:J\~!fon'::..~~~~~. ~~. ~~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..................... . 602,853.50 530,325.00 15,786.50 None None 814,733.07 7,823.12 None None None None Total Assets ................. S 1,971,521.19 LIABILITIES Demand deposits................. S Time depostts.................... . Deposits of U.S. Government ..... . D'Ji~!l~n~~ ~~~~~s. ~~~. ~~~t~~. ~~~ Deposits of banks . . . . . . . . . . . . . . . .. Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ 878,378.89 642.267.32 20,308.43 268,010.76 None 5,040.92 None None None 50,000.00 50,000.00 32,514.87 25,000.00 Total Liabilities.............. S 1,971,521.19 STATEMENT Showing condition at the dose of business December 31, 1961, of WILKINSON COUNTY BANK Irwinton, Georgia As called for by the Superintendent of Banks H. E. STEPHENS, ROBT. C. McGINTY, President. Cashier. Date of Charter: 7-16-1907 Began Business: 7-16-1907 =============;======-=--=-==-=-=-:---_---==.c.--= ASSETS Cash, balances with oth<>r banks, in- eluding rt>scrve balan,es, and cash items in proc'ss of colJcction ...... S United States Government obligations, direct and guarantef"s and political subdlVISlOnS . . . . . . . . . . . . . . . . . . . . Other bonds, notrs, and d~henturPs .. Corporate stocks (inclurling stock of Fed~ral Rrsene Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate own<>d other than bank premist>s....................... . Investments and othPr assets indirectly reprpsenting bank premises or other real f"statc ............. . Customrrs' liability to this bank on acceptan("CS outstanding ......... . Other Assets..................... . 432,829.17 220,000.00 21,117.35 208,893.75 None 519,526.18 20,915.90 1.00 None None None LIABILITIES Demand deposits ..................S Time depostts.................... . DPposits of U. S. Government . . . . . . D'Ji~\'!l~n~f ~~~tes. ~~.d ~o.l~ti~al ~u~ n..posits of hanks ................ . Other rleposits (certified and officers' checks, etc.) ................... . Rills payable..................... . Acceptan('PS rxc<"utr.d by or for ac- count of this bank and outstanding ........................... . Oth<>r liabilities . . . . . . . . . . . . . . . . . . . Capital. ......................... . Rurplus ......................... . Undivided profits................. . Reserves ............. 0 0 587,659.91 415,561.39 12,851.16 256,588.83 None 11,872.42 None Non<' 5,979.84 50,000.00 50,000.00 32,769.80 None Total Assets .................. S 1, 423 ,283 .35 Total Liabilities.............. S 1,423,283.35 80 DEPARTMENT OF BANKING ------------------- STATEMENT Showing condition at the close of business December 31, 1961, of JASPER BANKING COMPANY Jasper, Ga. As called for by the Superintendent of Banks MARK H. MOORE, 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 balance&, and <;aah items in process of collection ...... I United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political 8Uhd1Vl810D8 . , ........ Other bonds, notes, and debentures.. Corporate stocks (including stock or 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 indi- rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Asaets..................... . 734,625.41 1,035,026.60 None 399,187.50 None 1,135,521.55 24,990.21 None None None 1,196.58 LIABILITIES Demand deposits................. I Time deposits.................... . .. Deposits of t:. S. Government ..... . D'J:~T!l~n~r State. an~ po.lit_i~al_ sub~ DrposiIs of hanks ................ . Other deposits (certified and officers' rheeks, etc.) ................... . Rills payable..................... . Arcrptanrf's exerutOO by or for a~ count or this bank and outstanrling ........................... . Other liabilities .................. . ~:rit~! ..::.:::::::::::::::::::: l'nvided profits................. . Reserves ........................ . 1,443.062. 77 1,202.495.72 97,587.01 299.265.77 10,000.00 None None None 7,235.55 50,000.00 50,000.00 145,901.03 25,000.00 Total ABBeta ................. I 3,330,547.85 Total Liabilities.............. 1 3,330,547.85 STATEMENT Showing condition at the close of business December 31, 1961, 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: 1-2-191i4 ASSETS Cash, balances with other banks, in- cludinfE reserve balances, and cash it.ema In process or collection ...... I United States Government obligations, direct and guaranteed ..... . Oblicat.i~~ or States and political 8Ubd.JVJ8JOD8. , , ..... Other honda, notes, and debentures.. Coi]IOrate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premisea owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other asaeta indi- rectly rep~nting bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Asseta..................... . Total Assets.. . . . . . . .. . . . . . . . I 253,337.06 305,224.80 None 344,726.56 None 827,103.42 9,501.67 None 17,000.00 None 3,222.04 1 ,760, 115. 55 LIABII.ITIES Demand deposits................. I Time depos1ts.................... . Deposita of U.S. Government ..... . D'Jfv'l!l!n~r ~~t~s. ~~-~ -~~l~t.ic~l. ~~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills pavable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities.................. . ~~;t:!.::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 820,428.82 538,063.30 14,155.88 190,137.67 None 15,602.73 None None 4,908.50 100,000.00 50,000.00 26,818.65 None Total J,iabilities.............. I 1,760,115.55 FORTY-SECOND ANNUAL REPORT 81 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF JONESBORO Jonesboro, Ga. As called for by the Superintendent of Banks C. S. CONKLIN, President. Date of Charter: 10-6-1903 JAMES W. WATTERSON, Cashier. Began Business: 11-7-1903 ASSETS Cub, balances with other banks, in- cluding reserve balances, and cub items in proceoo of collection ...... :$ United States Government obligat.iona, direct and guaranteed . . . . . . Obligat.io_n~ of States and political SUbdiVIBIOnB . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocka (including atock of Federal Reserve Bank)... . . . . . . . . Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fid.ures....................... . . Real estate owned other than bank premises.... . . . . . . . . . . . . . . . . . . . . Investments and other asacts indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Aaaets...................... 525 ,162. 01 2 ,228,345 .55 198,438. 69 100,211.20 None 1,026,311.77 50,268.38 None None Non~ 2,096.42 Total Aaaeta.................. $ 4 ,130,834.02 LIABILITIES Demand deposita.................. $ TDiempoesditea.,.o,.tI!lTS..S... ................. Government ..... . . D':fl~!l~n~f. S~~tea. ~~-~ _P_"_l~t.i~~l. ~u~ Oepoaits of hanks ................ . Otlier deposits (certified and officers' checks, etc.) ................... . Bills payable ..................... . Acceptances executed by or for ac- count of this bank and outstanding; ........................... . Other liabilitiea .................. . Capital. ......................... . Surplus ......................... . Undhided profits................. . Reserves ........................ . 1,192,640.79 783,549.67 175,881.86 1,697,188.18 None 21,155.87 None None 26,181.46 100,000.00 100,000.00 34,236.19 None Total Liabilities.............. $ 4,130,834.02 STATEMENT Showing condition at the close of business December 31, 1961, 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 Cub, balances with other banks, in- ~ludin!' reserve balances, .and cub 1tema 1n process of collection: ..... $ United States Government obligations, direct and guaranteed ..... . Obliga~o~ of States and political SubdiV1810D8 . ..... , ........... . Other bonds, notes, and debentures.. Corporate stocks (Including atock of Federal Reserve Bank) .......... . Loans and discounts (includinc over- drafts) ....................... Bank premises owned, furniture and fid.ures........................ . Real estate owned other than bank premises....................... . Investments and other BISeta indi- :"~~te~~':l"'~:!:. ~- -~r~~ Customers' liability to tbia bank on acceptances outstanding......... . Other Aaaeta..................... . 453,185.19 894,474.66 None None None 865,519.28 36,429.20 None None None None Total Aaaets .................. $ 2 ,249,608. 33 LIABILITIES Demand deposits................. $ Time deposits.................... Deposita of U. S. Government ..... D':f;~:.:;~ ~~~- ~~- ~~~~- ~~~ Deposits of banks................ . Other deposita (certified and oflicera' cbec~, etc.) ................... . Billa payable..................... Acceptances executed by or for ao- count of tbia bank and outstanding ........................... Other liabilities.................. . Capital. ......................... Surplus ......................... . Undivided profits................. . Reserves........................ . 604. 117. fi4 948,809.04 None 461.976. fi4 None 5,053.54 None None None 50,000.00 100,000.00 50,000.00 29,651.47 Total Liabilities.............. $ 2,249,608.33 82 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, of THE BANK OF LAFAYETTE, GEORGIA LaFayette, Ga. As ealled for by the Superintendent of Banks BOB D. GILBERT, President. Date of Charter: 11-13-1889 W. L. BAKER, Cashier. Began Business: 1899 ASSETS Caah, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... S 1,268,432.38 United States Government obliga- tions, direct and guaranteed ..... . 1,975,646.63 o".l~f!J\~~~o.:'.f..~~~ .~~..~~~~i.~ 639,204.43 Other bonde, notes, and debentures.. None Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts (including over- drafts) ........................ . 2,002,650.57 Bank premi.oea owned, furniture and filoaita..................S Time depoatta.................... . Deposita of U.S. Government ..... . D~!1~:.~ ~~~~. ~~ ~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.................. . ~:r~f:!.::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 2,538,981.01 1,726,753.89 88,579.53 1,054,204.81 None 6,284.11 None None 65,733.15 100,000.00 300,000.00 117,618.68 None Total Liabilities.............. S 5,998,155.18 STATEMENT Showing condition at the elose of business December 31, 1961, of THE CITIZENS AND SOUTHERN BANK OF LAGRANGE LaGrange, Ga. As ealled for by the Superintendent of Banks HARRY R. SPIKES, President. Date of Charter: 7-23-1937 V. HAWLEY SMITH, Cashier. Began Business: 8-2-1937 ASSETS Cash, balances with other banks, in- cluding reserve balan<"es, and cash items in process of collection ...... S United Statea Government obligations, direct and guaranteed. . . . . . Oblillat_io.n~ of Statea and politit'al SUbdlVISlODS. . . . . . . . . . . Other bonde, notes, and debentures.. Corporate stO<'ks (inclucling stO<"k of Federal Rt'serve Bank)........... Loans and discounts (including over- drafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . . Investments and other asseta indi- rectly representing bank premises or other real catate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.. . . . . . . . . Other Aaaeta. . . . . . . . . . . . . . . . . . . . . . 2 , 498, 335 . 53 4, 594,897. 49 2,049,583. 76 None 6,000.00 7,271,888.23 100,996.58 None None None 46,462. 67 Total Assets ................. S 16,568,144.26 LIABILITIES Demand deposita................. S 7,476,560.81 Time deposits.................... . 5,145,989.82 Deposita of U. S. Government ..... . 602,199.77 D'Ji~~!l~n~f ~~~t~a. ~~~..p.~l~t.i~~~. ~~~~ 1,037,580.69 DeposiIs of banks ................ . 28,000.00 Other deposits (certified and officers' cheeks, t'tc.) ................... . 28,854.55 Rilla payable..................... . None Acceptanres executed by or for ac- count of this bank and outstand- ing ........................... . None Other liabilities .................. . 954,573.31 ~:r~r~!.::::::::::::::::::::::::: 500,000.00 500,000.00 Undivided profita ................. . 11,075.54 Reserves ........................ . 283,309.77 Total Liabilities.............. S 16,568,144.26 FORTY-SECOND ANNUAL REPORT 83 STATEMENT Showing condition at the close of business December 31, 1961, 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 PAULL. GRAY, Cashier. Began Business: 9-15-1941 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . 0~~\~i:.To.:'af..~tat~. ~~~. ~~~i~~cal Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premises....................... . Investments and other assets indi- rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 839,109.14 907,871.& 432,558.31 None None 2,120,783.10 88,248.24 None None None None Total Assets .................. S 4, 388,570.67 LIABILITIES Demand deposits..................$ Time deposits.................... . Deposits of U.S. Government . . . . . . DeJ!O!Ii!s of States and political sub- divisions ...................... . Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers' cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~:pi~:::::::::::::::::::::::::: un'divided profits................. . Reserves........................ . 2,239,540.33 968,393.66 15,542.52 468,065.38 32,829.31 59.62 None None 131,255.08 100,000.00 200,000.00 164,221.38 68,663.39 Total Liabilities.............. S 4,388,570.67 STATEMENT Showing condition at the close of business December 31, 1961, of FARMERS & MERCHANTS BANK Lakeland, Ga. As called for by the Superintendent of Banks W. C. BANKS, SR., President. Date of Charter: 4-18-1907 G. M. BANKS, Cashier. Began Business: 1907 ASSETS Cash, balances with other banks, in- cludinj! rlitical BUbdiVlSlODS 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:dures........................ . Real estate owned other than bank premiaes...................... Investments and other aaaeta indi- :"!).~e~e'"a'f'O:~':. ~~~--~~~~ Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 589,644.26 1,678,884.33 None None None 420,504.29 24,590.06 None None None None Total Assets. . . . . . . . . . . . . . .. S 2 ,722 , 622 .94 LIABILITIES Demand deposita..................S Time depos1ts.................... . Deposita of U.S. Government ..... . D~~!~,!~ ~~~. ~~ ~~~~ ~~~ Deposits of banks................ . Other deposits (certified and officers checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves........................ . 1,611,884.40 787,120.47 28,496.63 89,274.14 None 3,744.12 None None 2,075.44 100,000.00 75,000.00 10,027.74 15,000.00 Total Liabilities...............S 2,722,622.94 STATEMENT Showing condition at the close of business December 31, 1961, of THE BRAND BANKING COMPANY Lawrenceville, Ga. As ealled 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 f(>serve balances, and cash items in process of collection...... S 886,924.59 United States Government obliga- tions, direct and guaranteed ..... . 1,537,094.38 Obliga~io.n~ of States and political SUbdtVJSIODS ...... 708,641.35 Other bonds, notes, and debentures.. 99,625.00 Corporate stocks (including stock of Federal Reserve Bank) .......... . 6,000.00 Loans and discounts (including over- drafts) ........................ . 1,988,150.15 Bank premises O\\'ned, furniture and fixtures ........................ . 23,241.27 Real estate owned other than bank premise-s ....................... . None Investments and other assets indi- rectly representing bank premises or other real estate ............. . None Customers' liability to this bank on acceptances outstanding......... . None - - - - - Other Assets..................... . None Total Assets.................S 5,249,676.74 LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U.S. Government ..... . D~!~~0~f Sta~~s. ~~~- ~_l~tic~l. ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, Pte.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstand- ing........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ . 1,414,022.11 2,175,380.41 6,889.23 1,151,042.29 None 1,368.18 None None 8,000.00 100,000.00 100,000.00 272,974.52 20,000.00 Total Liabilities.............. S 5,249,676.74 FORTY-SECOND ANNUAL REPORT 85 STATEMENT Showing condition at the close of business December 31, 1961, of THE STATE BANK OF LEESBURG Leesburg, Ga. As called for by the Superintendent of Banks T. R. CANNON, President. Date of Charter: 4-9-1947 T. R. CANNON, Cashier. Began Business: 12-1-1947 ASSETS Cash. balances with other banks, in- cluding reserve balances, and cash items in process of collection ...... $ United States Government obligations, dirPct and guaranteed ..... . Obligat_io.n~ of States and political BubdiVISIODS , . 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..................... . TotaiAssets .................. $ 217,134.62 399,133.63 None None None 396,774.62 !1,419.88 None None None None 1.024,462.75 LIABILITIES Demand deposits..................I Time depostts .................... . Deposits of U.S. Government ..... . D'JlZf!l~n~f ~~a~~s. ~~~- ~-l~t~~~~. ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ........................ .. Surplus ......................... . Undivided profits................. . Reservf"s ..................... 506,813.43 161,397.73 6,000.00 215,024.40 None None None None 5,229.34 25,000.00 42,000.00 62,997.85 None Total Liabilities.............. $ 1,024,462. 75 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF LENOX Lenox, Ga. As called for by the Superintendent of Banks R. H. ROBINSON, President. Date of Charter: 6-20-1907 R. H. ROBINSON, Cashier. Began Business: 6-25-1907 ASSETS Cash, balances with other banks, in- cludin~ reserve balances, and cash items 1n process of collection...... $ United States Government obligations, direct and guaranteed . . .... Obliga~io.n~ of States and political subdiv1stons ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (includinc overdrafts) ........................ . Bank premises owned, furniture and fiztures........................ . Real estate owned other than bank premises ....................... Investments and other asseto indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets ..................... 646,471.41 527,344.28 227,086.07 None None 545,485.14 3,851.07 1.00 2,700.00 None None Total Assets ................. $ 1,952,938.97 LIABILITIES Demand deposits ..................$ Time depostts.................... . Deposits of U. S. Government . . . . . . DeJ!~i~ of States and poliUcal eub- divtaona ..................... Deposits of banks................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances ezecuted by or for ac- count of this bank and outatand- Otihnegr.l.iabiliU es................... ~::'~~-. ::: :: :::::::: :: :: :::::::: Undivided profits................. . Reserves....................... .. 698.527.91 552. 806. 5.~ 21,756.13 232,542.64 40,601.49 50,337.66 None None 16,9.'i0.35 100,000.00 100,000.00 6.883.14 132,533.10 Total Liabilities............ $ I ,ll.'i2 ,938 .97 86 ------------~D~E=P~A=R=TMENT OF BANKI==N~G~--------------- STATEMENT Showing condition at the close of business December 31, 1961, of FARMERS & MERCHANTS BANK Lealie. Ga. As ealled for by the Superintendent of Banks W. T. ANJ?ERSON, JR., Pres1dent. Date of Charter: 12-19-1940 ROBT. P. HINES, Cashier. Began Business: 1-2-1941 ASSETS Cub, balaDcee with other bulb, in- cludiDJ reaerve balaDcee, and cub itemun ~of oollection.... ._S United States Government obliptiou, direct and paranteed. . . . . . ~::O.:f. -~~-~. ~~-. ~~i~~ Other bonda, notes, and debenture... Coruorate atoeka (includinc atock of Jfederal R.erve Bank)........... Loana and diaoounta (includinc over- draft.)......................... Bank premiaea owned, furniture and lbd.urea.................. ; . . . . Real eatate owned other than buk premiaea........................ Iaveetmenta and other - t a indi- ~re::...trea::=. ~- ~~ Cuatomera' liability to thia buk on acceptancea outatandinc...... . . . . Other Aa.ta. . .. . . . . . . . . . . . . . . . . . 218,214.08 434 , 254 . 27 Non<' 170,000.00 None 183,199.49 ll,179. 99 None None None None Totai.Aa.ta................. S 1,016,847.83 =.;Demand dCP.C*ta LIABILITIES .............. .s Time depomta................... .. ~ ~t.~::r:u~!ai-... diviatona ...................... . ~.\:;!.\:to8riiiieii iUtii om;,m checka, etc.) ................... . BiDe payable.................... .. Aoceptancea uecuted by or for ao- oount of thia buk and outatandina........................... . Other liabilitiea .................. . ~':!. ::::::::::::::::::::::::: Undivided pro&ta................. . R.erv........................... . 571,515.92 308,145.16 5,853.5E 52,268.93 None 431.70 None None 2,000.00 25,000.00 40,000.00 ll,632.54 None Total Liabilitiea............ S 1,016,847.83 STATEMENT Showing condition at the close of business December 31, 1961, of CITIZENS BANKING COMPANY Le:Dngton, Ga. As ealled for by the Superintendent of Banks W. E. EVANS, President. Date of Charter: 2-7-1949 W. E. EVANS, Cashier. Began Business: 3-10-1949 Cult. balutcea with ASSETS other banb, i.n- cludinJ reaerve balaDcee, and cub itema m proceM of oollection...... $ United States Oovt-rnment oblip- Ob~aulluildui:vtti!~.~.~fon~a .'..!.....~..:....np..oi..i..~. Other bonda, notes, and debenture.. Coruorate atocka (includinc atock of Jfederal Raerve Bank) .......... . Loana and diaoounta (includinc over- draft.) ........................ . Bank premiaea owned, furniture and fbturea........................ . Beat tate owned other than buk premiaea....................... . laveetmenta and other -ta indi- ~::::::=.~-~ Cuatomera' liability to thia buk on acceptancea outatandinc....... Other AMeta.................... .. 219,435.52 303,127.80 52,918.34 ll9,937 .50 None 386,464.53 10,812.50 None None None 1,418,43 TotaiAMeta................. S 1,094,ll4.62 Demand LIABILITIES deP.'*ta................ . s Time depomta................... .. ~C=one~~.~..i.!.'..~.~..T.:.u..~.!.a..i..~.j.,:. ~~~iUtii"om;,e;e checka, etc.) ................... . Billa payable..................... . Aoceptancee uecuted by or for ac- oount of thia buk and outatand- Othm:,ti&bui~::::::::::::::::: :: ~t:. ::::::::::::::::::::::::: Undivided pro&ta................ .. R.ervea...... ... . a!ll! ,185. 90 413,717.09 7,812.19 206,147.19 None 3,724.79 None Non~ None 50,000.00 15,000.00 15,527.46 None Total Liabilitiea....... S 1,094,ll4.62 FORTY-SECOND ANNUAL REPORT 87 STATEMENT Showing condition at the close of business December 31, 1961, of FARMERS STATE BANK Lincolnton, Ga. As called for by the Superintendent of Banks W. B. ALBEA, President. Date of Charter: 9-26-1911 GEO. C. LEVERETT, JR., Cashier. Began Business: 12-2-1911 ASSETS Cub, balances with other banks, in- cludinp: reserve balances, and cash items 1n proceea of collection...... $ United States Government obligations, direct and guaranteed ..... . Ob)iga~io~~ of States and political sul>dtVJSJODa ...... Other bonds, notes, and debentures.. Corporate stocks (including stock of Yederal Reserve Bank) .......... . Loans and diaeounta (including over- drafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premieea....................... . Investments and other aaaeta indi- :C!~\e~e=~:::'t!. ~~- -~r~~ Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 628,673.74 987,826.75 208,694.65 75,030.00 None 608,120.60 2.00 None None None None Total Assets .................. $ 2,508,347. 74 LIABILITIES Demand deposita.................. $ Time depoe1ts.................... . Deposits of U.S. Government ..... . D";R~l~.:f. ~~~":'. ~~~- ~~~t~~~. ~~~ f:;~c\:;!J':.~riifi..d imd "omw.; checks, f'tc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities.................. . ~~f:!.:::::: ::::::::::::::::::: Undivided profits................. . Reserves........................ . 937.009.24 1,001,689.26 12,207.87 305,909.16 None 730.00 None None 1,864.75 50,000.00 50.000.00 105,207.35 43,730.11 Total Liabilities...............$ 2,508,347.74 STATEMENT Showing condition at the close of business December 31, 1961, of THE PEOPLES BANK Lithonia, Ga. As called for by the Superintendent of Banks G. OGDEN PERSONS, II, President. Date of Charter: 8-26-1910 W. L. WILLIAMSON, Cashier. Began Business: 1910 ASSETS Cash, balances with other banks, in- cludinp: reserve balances, and cash items m proceea of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~i~~ of States and political subdiVISions . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debenture~~ .. Corporate stocka (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overt drafts) ........................ . Bank premieea owned, furniture and fixtures.................. : ..... . Real estate owned other than bank premises..................... Investments and othr assets indirectly representing bank premieea or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . TotaiAaaets................. s 247,197 .Oil 608,612.27 None 119,868.75 None 6011,531. 85 10,530.21 None None None None 1,595,740.17 LIABILITIES Demand deposita..................$ Time depoe1ts.................... . Deposits of U.S. Government ..... . De~! of States and political sub- divistona ...................... . l)eposits of banks................ . other deposits (certified and officers' checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding." ......................... . Other uabilities.................. . ~:;t:!.::: :::::: ::: ::: :: ::: :: ::: Undivided profits................. . Reserves ........................ . 983,556.17 260,617.53 41,663.21 136,915.62 None 6,317.02 None None None 25,000.00 75,000.00 26,670.62 40,000.00 Total Liabilities...............S 1,595,740.17 88 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of THE FARMERS BANK Locust 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- cluding reserve balances, and cashS items in process of collection..... . United States Uovemment obligations, direct and guaranteed ..... . Obliga~o.n~ 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 rt'al estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . Total Assets .............. :. . S 132,075.09 217,837.50 None None None 272,855.88 9,861.86 None None None Nonl' 632,630.33 LIABILITIES Demand deposits ..................S Time depos1ts.................... . Deposits of U.S. Government..... . D'Jl~T!l~,!f ~~a~~s. ~~~- pol~t.i~l. ~~~ 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 ................. 0 0 ~.~r~r~!..:: :::::::::: :::: ::::: ::: Undividcd profits................. . Reserves ........................ . 435,752.00 78,904.10 1,668.65 29,709.80 None 5,052.97 None None 8,000.41 30,000.00 20,000.00 23,542.40 None Total Liabilities.............. S 632,630.33 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF LOGANVILLE Loganville, Ga. As called for by the Superintendent of Banks C. A. KELLEY, JR., President. Date of Charter: 5-6-1946 J. FRANK LEE, Cashier. Began Business: 10-5-1946 ASSETS Cash, balances with other banks, in- ~luJi~ reserve balances, .and cash 1tems 1n process of collection...... S United States llovernment obligations, direct and guaranteed ..... . Obliga~io~~ of States and political subd1vtatona ................... . Other boncls, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) ..... o.. o. o Loans and disoounts (including overdrafts) ...................... Bank premises owned, furniture and fixtures ........ 0 0 Real estate owned other than bank premises....................... . Investments and other assets indirectly representing bank premises or otht'r real estate. 0 o.. Customers' liability to this bank on acceptances outstanding........ . Other Assets. 0 0 oo0 0 0 0 o. . . . . Total Assets .......... 0 .... oo S 115,719.75 338,525.63 None None None 337,033.52 10,629.43 None Sone Non" 1,486.61 803,394.94 LIABILITIES Demand deposits . . . S 0 0 0 Time depORits . . . . . . 0 0 0 0 0 0 Deposits of U. So Government ..... . D'Jl~!~n~f. ~~t~s. ~~~- ~-l~t.i~lo ~~~ Deposits of banks .......... 0 0 Other deposits (certified and officers' checks, etc.) .... 0 0 Bills payable. 0 0. 0 Acceptances executed by or for ac- count of this bank and outstanding . . . . . . . . . . . . . . . . . . o ... o. o. o Other liabilities ... 0 ..... o....... o. ~~r~r~!.'..:::: ::::::::::::::::::: Undivided profits ........ o........ . Reserves ............ 0 336,205.37 303,749.76 28,327.27 49,707.81 10,000.00 256.14 None None 1,500.00 25,000.00 30,000.00 15,648.45 3,000.14 Total Liabilities.............. S 803,394.94 FORTY-SECOND ANNUAL REPORT 89 STATEMENT Showing condition at the close of business December 31, 1961, 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 Uovernment obligations, direct and guaranteed ..... . Obligatio.n~ of States and political subdlvlslons ................... . 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 ILSSets indirectly representin,g bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . Total Assets. . . . . . . . . . . . . . . . . $ 130,141.7.5 235,152.49 None None None 247,648.95 2,543.89 None None None 712.87 616,199.95 LIABILITIES Demand deposits................. $ Time deposots .................... . Deposita of V. S. Government ..... . Deposits of States and political sub- divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding .......................... .. Other liabilities .................. . Capital. ......................... . Suri'Ius ......................... . Undivided profits................. . Reserves ........................ . 357,061.19 54,0ll.09 9,199.62 100,459.67 None 1.405.05 None None 4,886.82 25,000.00 50,000.00 14,176.51 None Total Liabilities. . . . . . . . . . . . . $ 616,199.95 STATEMENT Showing condition at the close of business December 31, 1961, of FARMERS STATE BANK Lumpkin, Ga. Ascalled 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, balances with other bub, in- cludinJ reaerve balances, and cash items m process of collection......$ United States Government obliptiona, direct and guaranteed..... . Obliaa~i~ of States and political aulxliV1810D8 .... Other bonds, notes, and debentures.. Corporate etocke (including atock of Federal Reserve Bank) ......... Loans and discounte (includina overdrafte) ....................... .. Bank ~ owned, furniture and fbturea ....................... Real estate owned other than bank premieea . . . . . . . . . . . . . . . . . . . . . . . Inveatmente and other -te indirectly ~ting bank ~ or other real eatate............. . Customera' liability to this b&nlt OD acceptances outetandina........ Other :Aeeets..................... . 380,970.53 672,039.97 193,049.65 None None 305.136.35 12,182.16 None Nonr None None Total Auete..................$ 1,563,378.66 LIABILITIES Demand d"Jll"ite................. ,$ Time depos1te................... .. Depoeite of U.S. Government..... . Deposi~ of States and political auh- cli:vieou . . . . . . . . . . . . . . . . . . . 8:Cil~~!riiii..d imd ~iii~ ebecka, ete.) .. Bille payable..................... . Acceptances executed by or for ac- count of this bank and outetand- ing .................... ::::::::::::::::::::::::: Other liahilitiee .................. . ~r:. Undivided pro6te................. . Reaervea ........................ . 924,876.58 349,795.38 89,307.51 66,305.27 None 1,903.05 None None 17,989.37 50,000.00 50,000.00 13,201.50 None Total Liahilitiee........... $ 1,563,378.66 90 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, of LUTHERSVILLE BANKING COMPANY Luthersville, Ga. As ealled for by the Superintendent of Bankfl JIMMY D. NeSMITH, President. Date of Charter: 10-11-1905 RAYMOND C. BRADDY, Cashier. Began Business: 8-3-1906 ASSETS Caah, balances with other banks, in- cludin!l reserve balances, and caah items 1n proceee of collection......$ United States Government obliptione, direct and guaranteed ..... Oblip~O!'!' of States and political aubdiVIIlODB Other bonds, notes, and debentures.. Co.!J)C1rate atocke (including stock of Federal Reserve Bank) ......... Loans and diacounta (including over- drafts) ........................ . Bank premiaea owned, furniture and fixtures................ . Real estate owned other than bank premiaea....................... Investments and other aaaeta indi- rectly representing bank premises or other real estate............. . Customers' liability to thia bank on acceptances outstanding......... . Other "-eta..................... . 258,478.40 308,000.00 25,241.21 50,039.06 None 415,873.37 13,930.37 None None None 696.63 Total Aaaeta ................. $ 1 ,072, 259.04 LIABILITIES Demand depoeita................ , $ Time depoa1ts.................... . Deposita of U.S. Government ..... . DeJ!OI!i! of States and political aub- divialone ...................... ~~t,;!.~!erii&e:.i ;.~"d "office~ checks, etc.) ................... . Billa payable..................... . Acceptance& ezecuted by or for ac- count of thia bank and outstanding........................... . Other liabilities ................. .. ~:~::.:::: ::::::::::::::::::::: Undivided profits................. . Reserves ........................ 583,267.81 219,639.64 850.00 129,409.38 58,522.42 11,318.62 None None 5,562.67 25,000.00 30,000.00 2,175.37 6,513.13 Total Liabilities.. .. .. .. .. .. . $ I ,072, 259. 04 STATEMENT Showing condition at the elose of business December 31, 1961, of THE PEOPLES BANK OF LYONS Lyons, Ga. As ealled for by the Superintendent of Banks W. HOLLOWAY, President. Date of Charter: 5-4-1935 J. A. JOHNSON, Cashier. Began Business: 6-1-1935 ASSETS Cash, balances with other banks, in- cluding reserve balances, and caah items in process of collection......$ United States Government obligations, direct and guaranteed ..... . o~!f:'Ji~i:.~or!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- rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Aasets..................... . 625,851.53 710,159.79 74,079.75 46S,OOO.OO None 835,615.15 4,723.87 Non Sone Nonr None Total Assets ............... $ 2,715,430.09 LIABILITIES Demand deposita..................$ Time depos1ts.................... . Deposits of U.S. Government ..... . D':ftri!t!n~f. ~~~O:S. ~~~- ~-~~~1. ~~~ Deposits of banks ................ . Other deposits (certified and officers' chet'ks. etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ..................... 1,480,345. !16 380,832.32 33,960.00 459,814.45 48,263.21 11,888.46 Nonr None NonP 100.000.00 100,000.00 100,325.69 :-JonP Total Liabilities.............. $ 2,715,430.09 FORTY-SECOND ANNUAL REPORT 91 STATEMENT Showing condition at the close of business December 31, 1961, 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 Cub, balances with other baoka, in- s cludi~ reserve balances, and cash items 1n proceoa of collection ...... United States Government ,btiga- tions, direct and guaranteed ..... . Oblin~i~"!' of States and political 8UbdiVI8lOD8 Other bonds, notes, and debentures.. Coroorate stocks (including stock of F'ederal Reserve Bank) .......... . LOans and discounts (including over- drafts) .......... : ............. . Bank premises owned, furniture and fizturea........................ . :Real estate owned other than bank premises....................... . Investments and other aa...ta indi- rectly representing bank premises or other real estate............. . Cuatomera' liability to this bank on acceptances outstanding......... . Other Aaaeta..................... . 811,463.41 1,205,972.53 2M,427.76 100,000.00 None 696,732.45 2.00 None None None 70.49 Total Aaaeta ................ .S 3,068,668.64 LIABILITIES Demand deposita................. S Time deposits.................... . Deposita of U. 1'1. Government ..... . D~~!n~f. ~~~O:S. ~~~- ~-~~~- ~~~ Deposita of banks................ . Other deposita (certified and oflicera' checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital.......................... . Surolus ......................... . Undivided profits................. . Reserves ........................ . 2,183,618.16 160,929.75 40,723.21 323,015.33 10,000.00 1,494.53 None None 48,876.97 100,000.00 100.000.00 35,000.00 65,010.69 Total Liabilities.............. S 3,068,668.64 STATEMENT Showing condition at the close of business December 31, 1961, of GEORGIA BANK & TRUST COMPANY Macon, Ga. As called for by the Superintendent of Banks LOGAN LEWIS, President. Date of Charter: 6-9-1960 DON W. GORDON, Cashier. Began Business: 7-1-1960 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 SUbdiVISIOnS. . . . . . . . Ot.her bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including over- drafts)......................... Ban~ premises owned, furniture and fixturf's......................... Real estate owned other than bank premises..... . . . . . . . . . . . . . . . . . . . Investments and othPr assets indi- rectlv representing bank premises or otner real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Assets. . . . . . . . . . . . . . . . . . . . . . 967 ,051i.89 2,838,554.05 190,648.69 200,000.00 None 3,077,952.09 39,418.35 None None None 13,885. 87 TotaiAssets .................. S 7,327,514.94 LIABILITIES Demand deposits.................. S Time dcpostts.................... . Deposits of V. S. Government ..... . D";WvT!l~n~f ~~~~es_ ~n~. ~-ol~t.i~~~- ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable ..................... . Acceptances cxeouted by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ . 3,467,032.30 550,289.83 264,609.84 1,351,140.85 249,700.26 10,064.53 None None 84,262.39 812,500.00 325,000.00 212,914.94 None Total Liabilities............. S 7,327 ,514. 94 92 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, of BANK OF MADISON Madison, Ga. As called for by the Superintendent of Banks BEN S. THOMPSON, President. Date of Charter: 12-26-1888 E. G. ATKINSON, Cashier. Began Business: 1-1-1890 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection ...... I United Stairs Government obligations, direct and guaranteed...... 0'::~t"-Jiri~Ton~f. -~~-a.~~.~~.~. ~~i~~~~l Other bonds, noteo, and debentures. . Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over drafts)......................... Bank premises owned, furniture and fil None 2,506,406.57 LIABILITIES Demand deposits................ I Time depos1ts.................... . Deposits of U. S. Government ..... . D':liv~!l~n~f. ~~~~~s. ~~ ~.~~~~-i~~~- ~~~ Deposits of banks................ . Other deposits (certified and officers' checks, etc.} ................... . Bills payable..................... . Acceptanees executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~~f~}~!:..::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 1,047. 738.60 1,080,379.18 15,129.97 144,984.92 None 1,004.00 None None None 50,000.00 40,000.00 127,169. !lO None Total Liabilities.............. I 2,506,406.57 STATEMENT Showing condition at the elose of business December 31, 1961, of BANK OF MANCHESTER Manchester, Ga. As called for by the Superintendent of Banks CLAUDE A. BRAY, President. Date of Charter: 1-28-1910 ROBT. A. KELLUM, JR., Cashier. Began Business: 2-2-1910 ASSETS Cash, balances with other banks, in- cludinJl reserve balances, and cash items 1n process of collection...... I United States Government obligationa, direct and guaranteed ..... . O~~~:~on~f..~~~. ~~..~~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 aaseta indi- rectly representing bank premises or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aasets..................... . Total Aasets ................. I 863,952.13 766,054.00 426,525.46 599,437.50 None 1,356,079.88 30,596.12 7,382.75 None None 4,853.57 4,054,881.41 LIABILITIES Demand deposits................. I Time deposits.................... . Deposits of U. S. Government ..... . DeJ?OI!i~a of States and political aub- div1810na ............... ....... . Deposita of banks ................ . Other deposita (certified and officers' checks, etc.} ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outatand ing ............. : .. ........... . Other liabilities .................. . ~:r~f:!.::: :::::: :: :: :::: ::: :::: : Undivided profits................. . Reserves........................ . 1,783,631.03 1,269,342.25 32,394.74 553,791.02 None 4,399.32 None None 63,764.67 120,000.00 130,000.00 77,558.38 20,000.00 Total I.iabilitiea.............. I 4,054,881.41 FORTY-SECOND ANNUAL REPORT 93 STATEMENT Showing eondition at the close of business December 31, 1961, of FARMERS AND MERCHANTS BANK OF MANCHESTER Manehester, Ga. As called for by the Superintendent of Banks ELMER LOFTIN, President. Date of Charter: 10-7-1947 BUFORD M. MOORE, Cashier. Began Business: 2-2-1948 ASSETS Caah, balances with other banks, in- cluding reserve balances, and caah itema in process of collection. . . . . . S United States Government obligations, direct and guaranteed. . . . . . ?~!f.';N~o:1..~~~. ~~ .~~i~~ Other bonds, notes, and debentures.. Co~~!,j' Ce(~:k~ .~~~. ~~ Loans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures ................... . . . . . . Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other aaaets indi- :"!~f.e~efe3::!':. ~~..~~~ Customers' liability to this bank on acceptances outstanding.......... Other Aaaeta. . . . . . . . . . . . . . . . . . . . . 1,035, 079 . 39 405,000.00 None None None 658,094.51 28,640. 27 O.S2. 25 None None 2, 575.00 Total Aaaeta ................. S 2,130,341.42 LIABILITIES S Demand deposita................ . Time deJIOI!lt&. . . . . . . . . . . . ..... Deposita of U.S. Government ..... . DeJ!O!i~ of States and political aub- divialona ...................... . Deposita of hanks ................ . Other deposita (certified and officera' checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities.................. . ~:::.~.:::::::: ::::::::::::::::: Undivided profits................. . Reserves ........................ . 1,068,618.17 584,649.83 42,748.90 314,513.20 None 2,123.92 None None 5,448.36 50,000.00 50,000.00 12,239.04 None Total Liabilities.............. S 2,130,341.42 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF MANSFIELD Mansfield, Ga. As called for by the Superintendent of Banks A. E. HAYS, President. Date of Charter: 12-19-1945 G. BARRON DAVIS, Cashier. Began Business: 3-1-1946 ASSETS C..h, balancea with other banb, incluclinJ reserve balancea, and eaah itemsm proceu of collection..... S United States Government obliptiona, direct and auaranteed ..... . o~~:O.::..~~~. ~~ -~~~~ OCothrpeor rbaotnedast,oncoketes(1macnlduddienbgeenttoucrkeso..f Federal Reserve Bailk) .......... Loan. and diacounta (including overdrafta) ........................ . Bank premises owned, furniture and fixtures ........................ Ileal estate owned other than bank premieea ...... Inveatmenta and other aueta indi- rectly representing bank premises or other feel estate ............. . Cuatomera' liabiHty to thia bank on acceptances outatanding......... . Other Alleta..................... . Total Alleta................. S 176,073.05 126,000.00 None 75,000.00 None 266,611.76 941.50 None None None None 644,626.31 LIABILITIES Demand deposita.............. S Time deJ)OIIlte.................... . Deposita of U.S. Government ..... . DeDoai!a of States and political aub- aDd-; divimona ...................... 8tl:"~':'~ checks, etc.) ................... . Billa payable..................... . Acceptancea executed by or for ac- COUDt of thia bank and outatandiq........................... . Other liabilities................. .. ~1:!::::: ::::::::::::::::::::: Undivided profita................. . Reaervea ....................... .. 310,576.10 172,371.33 396.94 57,464.90 None 4,210.77 None None 498.27 25,000.00 60,000.00 14,108.00 None Total Liabilities.............. s 644,626.31 94 -D--E-PA--R-T-M-E-N-T--OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of COBB EXCHANGE BANK Marietta, Ga. As called for by the Superintendent of Banks ROSSER N. LITTLE, President. Date of Charter: 12-18-1906 JAS. W. HAMES, Cashier. Began Business: 1-1-1907 ASSETS Caeh, balancee with other banke, in- cludinfr reeerve balancee, and caah items m proceee of collection...... $ United Statae Government obl.igatione, direct and guaranteed ..... . O~!.fJf~:o.=. -~~~. ~~-. ~~i~~ Other bonds, notae, and debenturee.. Corporate atocke (includina stock of Federal Reeerve Bank) .......... . Loans and diecounta (includins over- drafts) ........................ . Bank premieee owned, furniture and fisturee.... : ................... . Real eetate owned other than bank premieee....................... lnveetmenta and other aeeeta indi- rectly repreeentins bank premieee or other real eetate............. . Cuetomen' liability to this bank on acceptancee outatandins......... . Other Aeeeta..................... . 2,829,234.65 2,021,331.16 285,609.33 None None 4,642,595.83 132,585.83 None None None 30,283.74 Total Aeeeta. .. .. .. .. .. .. .. .. $ 9, 941 ,640. 54 LIABILITIES $ Demand depoeita................. . Time depoe~ta.................... . l)epoeita of U. 8. Government ..... . DeJ!O!i!B of Statae and political eub- divielODII . ..................... . ~.1:;!.\:tcerliii"ed ;.;.d c,m.;,e.:a ehecka, etc.) ................... . Billa payable..................... . Aceeptancee esecuted by or for ac- count of thie bank and outatandina........................... . Other liabilitiee ................. .. ~::;!r:!.::: :: :::: :: ::: :::::::::: : Undivided profits................. . Reaervee........................ . 5,639 ,041. 99 1,911,211.64 185,000.51 1,290,642.00 None 51.00 None None 157,819.08 250,000.00 250,000.00 257,874.32 None Total Liabilitiee.............. $ 9,941,640.54 STATEMENT Showing condition at the close of business December 31, 1961, of MARIETTA COMMERCIAL BANK Marietta, Ga. As called for by the Superintendent of Banks WALTER E. GRAHAM, President. Date of Charter: 9-2-1955 LEE E. PARTAIN, JR., Cashier. Began Business: 9-17-1956 ASSETS Cub, balancee with other banke, in- cludinll reeerve balancee, and caah items m proceee of collection..... $ United States Government oblisatione, direct and guaranteed . . . . . . o~~~~To:. -~~~. ~~- .~~i~~~~ Other bonds, notes, and dehenturee.. Co.!J1Qrate atocka (including stock of Federal Reeerve Bank).. . . . . . . . . . Loane and diecounta (includins over- drafts)......................... Bank premieee owned, furniture and fisturee......................... Real eetate owned other than bank premieee........................ lnveetmenta and other aaaets indi- rectly representing bank premieee or other real eetate.............. Cuetomen' liability to thie bank on acceptancee outstanding.... . . . . . . Other Aaaeta.................. : . . 629 , 537 . 15 I ,093 , 928. 47 None None None 1,346,350.29 112,435.31 None None None 18, 650. 95 TotaiAaaeta................. $ 3,200,902.17 LIABILITIES Demand deposita................. $ Time depoe~ts.................... . Deposita of U. 8. Government ..... . DeJ!O!i!e of Statae and political sub- divialona ...................... . 8:c:ia:;!.~'t;rii&eei ;.;.d om.:.e.:a checks, etc.) ................... . Billa payable..................... . Acceptancee esecuted by or for ac- count of this bank and outstanding........................... . Other liabilitiee .................. . ~:;f:.::::::: :::::::::::::::::: Undivided profits................. . Reeervee ........................ . 1,392,413.41 548,291.71 135,128.74 754,549.45 12,261.29 7. 721.55 None None 26,837.90 240,000.00 50,000.00 33,698.12 None Total Liabilitiee.............. $ 3,200,902.17 FORTY-SECOND ANNUAL REPORT 95 STATEMENT Showing condition at the close of business December 31, 1961, of THE CITIZENS BANK Marshallville, GL As ealled for by the Superintendent of Banks C. C. HASLAM, President. Date of Charter: 12-24-1906 C. C. HASLAM, Cashier. Began Business: 1-1-1907 ASSETS Cash, balances with other banke, in- cludint~ reserve balances, and cash items 1D process of collection......S United States Government obli&ationa, direct and guaranteed ..... . 0~~f:N~~Ton:. -~~~. ~~- .~~i~~~ Other bonds, notes, and debentures.. Corporate stocks (includin& stock of Federal Reserve Bank).......... . Loans and discounts (includin& over- drafts) ........................ . Bank premises owned, furniture and fillitiral subdi,isions ................... . Other honda, notes, and dehcnturr.s .. Corporate stocks (including stock of Federal Rraerve Bank) .......... . Loans and discounts (including overdrafts).. . . . . . . . . . . . . . . . . . .. Bank prcmis,s owned, furniture and fixturrs.... . . . . . . . . . . . . . . . . ... Real estate own~d other than bank prenaiBE's ...................... . Investments and other assets hdircrtly repr(l!sentin~ hank premises or other rE>al f"state. . . . . . ...... . Customers' liability to this bank on acceptnncrs outstanding......... . Other Assrts..................... . Total Asaets ................. I 353,095.05 543,830.62 6,000.00 158,750.00 None 455,152.89 2.00 None None None None 1,516,830.56 LIABILITJI.:S Den1and dcposits................. 1 Time depos1ts .................... . Deposits of U.S. Government ..... . D'Jfv'l!l~n~f. St~t~. and_ ~o.lit.i~~~. s~~ Deposits of hanks ................ . Other deposits (certified and officers' rhecko, etr..) ................... . Rills pa~able ..................... . AcrcptancPs executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~!f~f~!...... ::::::::::::::::::::::: l'ndhided profits................. . Rest'rves ........................ . 756,214.74 414,153.07 11,092.32 153,627.90 None 2,024. 97 None None None 50,000.00 50,000.00 54,717.56 25,000.00 Total Liabilities.............. 1 1,516,830.56 STATEMENT Showing condition at the elose of business December 31, 1961, of METTER BANKING COMPANY Metter, Ga. As ealled 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- cludinl! reserve balances, and cash items 1n process of collection ...... 1 United States Government obligations, direct and guaranteed ..... . O~~f:J\~i:.~on~f..~~~. ~~~-.~~i~i.~~ Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reaerve 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 ............. . C..atomers' liability to this bank on acceptances outstanding......... . Other Aaaeta..................... . 412,377.24 1,421,059. 95 94,531.72 199,984.38 None I ,340,986.52 50,360.97 :-lone None None None Total Aasets ......... I 3,519,300.78 LIABILITIES Demand deposits.................. I Time deposits.................... . Deposita of U.S. Government ..... . DTv~l~~f ~~~. ~~. ~l~t!~l. ~~~ 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.................. . ~:r.:~~! Undivided profits................. . Reserves ........................ . 1,527,939.13 1,316,956.63 64,589.45 222.361.95 397.44 8,807.33 None None 52,441.99 125,000.00 125,000.00 15,806.86 60,000.00 Total Liabilities.............. I 3,519,300. 78 FORTY-SECOND ANNUAL REPORT 97 STATEMENT Showing condition at the close of business December 31, 1961, 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 tn process of collection ...... $ United States Government obligations, direct and guaranteed ..... . Ob~:.f:Ji~;!~on".:..~~~~. ~~..~~it~c~ Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- drafts) ....... 00 Bank premises owned, furniture and fi:~turea........................ . 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 Assets..................... . Total Assets .................. $ 85,248.84 247,760.37 16,903.53 None None 300,141.31 2.00 None None None None 650,056.05 LIABILITIES D.emand deposits .................. $ Ttme depostts.................... ' Deposits of U. S. Government ..... . D'Jl~!l:n~f. ~~~s. ~~~- ~.l~t~~~~. ~~~ Deposita of banks .............. 00 Other deposita (certified and officers' checks, etc.) ................... . Bills payable ................. 00 Acceptances executed by or for ac- count of this bank and outatand ing ........................... . Other liabilities ........ 00 00 CapitaL. ............. 00.00 00. Surplus ......................... . Undivided profits................. . Reserves .... 00.00 00 oo 00 00. 345,982.52 135,662.05 None 66,484.64 5,000.00 4,169.80 None None None 25,000.00 50,000.00 13,757.04 4,000.00 Total Liabilities.............. $ 650,056.05 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF MILAN Milan, Ga. As called for by the Superintendent of Banks W. C. McCRANIE, President. Date of Charter: 12-5-1906 JACK B. WETHERINGTON, Cashier. Began Business: 10-1906 ASSETS Cash, balances with other banks, in- cludinlE reserve balances, and cash items rn procel1ll of collection 0 0 0 0 0 $ United States Government obligations, direct and guaranteed .... 00 Obllgat_i~ of States and political aubdiV181ona ................... Other bonds, notes, and debentures.. Corporate stocks (includinc stock of Federal Reserve Bank) .......... . Loans and discounts (includinc overdrafts). 0 0 0 0 ooo ooo 00000 0 oooooo 0 Bank premises owned, furniture and hturee........................ . Real estate owned other than bank premiaea.. 0 0. 0 0 0. 0. 0 0 0 0. 0 0 0 0 0 Investments and other aeaeta indi- rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . TotaiAaaeta................. $ 477,665.07 350,000.00 None None None 345,932.13 2,772.00 None !'lone None None 1,176,369.20 LIABILITIES Demand deposita.................. $ Tinte depo81ta.................... . Deposita of U.S. Government..... . Dei>oai~ of States and political aub- cliviatona ...................... . 8:C.S~t:n~!rii&ed' od' ~een' cltecke, etc.) ................... . Billa payable.................... .. Acceptances e:~ecuted by or for ac- count of this bank and outstanding. 0. 0 0 0 0 0 0. 0 0 0. 0. 0. 0 0. 0 0 0. Other liabilities................. .. Capital..... 0 0 0. 0 0 0 0 0. 0 0 0 0 0 0. 0. 0 0. Surplus......................... . Undivided profits................. . Reserves ........................ . 635,8.51. 72 374,271.17 1,340.18 40,248.71 10,000.00 None None None 129.00 35,000.00 35,000.00 24,528.42 20,000.00 Total Liabilities.............. $ 1 , 176, 369. 20 98 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of EXCHANGE BANK OF MILLEDGEVILLE Milledgeville, Ga. As called for by the Superintendent of Banks JOHN E. GARNER, JR. AUBREY H. SIMPSON, President. Date of Charter: 5-20-1903 Cashier. Began Business: 6-1-1903 ASSETS Caah, balances with other banks, in- cludinll reserve balances, and caah items m prooeaa of collection ...... $ United States Government obligationa, direct and guaranteed...... 0~~:l!To::. -~~~. ~~~- -~~i~i.':'~ Other bonds, notee, and debentures. . Corporate stocks (including stock of Federal Reserve Bank)........... Loana and diacounta (including over- drafts)......................... Bank premiaea owned, furniture and fixtures......................... Real estate owned other than bank premiaea..... . . . . . . . . . .. . . . . . . . . Investments and other 888ets indi- rectlY representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding... . . . . . . . Other Aaaeta.. . . . . . . . . . .. . . . . .. .. . 1 ,483 , 150. 27 2,599,510.64 546,159.93 377, 165. 62 None 1,950,135.06 90.605.47 None None None 2,594. 45 TotalAaaeta ................. I 7,049,321.44 LIABILITIES Demand deposita.................. $ Time deposata.................... . Deposita of U.S. Government ..... . D'rv'~~n~f. ~~~- ~~- ~~~~~- ~~~ 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.................. . ~:r~f:!.::: :: ::::::::::::: :: :: ::: Undivided profits................. . Reserves ........................ . 1,840,953.06 2,676,395.04 160,129.61 1,0.59,368.41 697,244.01 5,465.19 None None 138,549.06 200,000.00 250,000.00 21,217.06 None Total Liabilities............... , 7,049,321.44 STATEMENT Showing condition at the close oi business December 31, 1961, 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- cludiD!I reserve balances, and cash items an prooeaa of collection...... $ United Statee Government obligationa, direct and guaranteed ..... . Oblipf:_io_n~ of Statee and political IIU'bdlV1810D8 . Other bonds, notes, and debentures.. 0oi])Orate atocka (including stock of Federal Rl'llerve Bank) .......... . Loans anrl diaeounta (including over- drafts) ....................... .. Bank premia.-a owned, furniture and fixtures........................ . Real estate owned other than bank premiaea....................... . Investments and other aaaeta indi- rectlY representing bank premiaea or other real estate............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaeta..................... . 954,287.68 1,699,049.00 432.266.28 200,105.00 4,000.00 1,768.217.20 30,841.04 1.00 None None None Total Aaaeta ................. I 5,088, 767.20 LIABILITIES Demand deposita.................. I Time depoaata .................. Deposita of U. S. Government . . . . . . De~! of Statee and political aub- diviaaona ...................... 8:r.~~:t!irii&"ed ;.;,d "office~' claecka, etc.) .................. Billa payable.................... .. Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities.................. . ~f:!.::: :::::: :::::::::: ::::: : Undivided profits................. . Reaervea .... 1,659,141.21 2,155,559.15 47,522.63 774,1179.68 None 9,758.68 None None None 150.000.00 200,000.00 91,805.85 None Total Liabilities.............. $ 5,088,767.20 FORTY-SECOND ANNUAL REPORT 99 STATEMENT Showing condition at the close of business December 31, 1961, of THE MILLEDGEVILLE BANKING COMPANY Milledgeville, Ga. As ealled for by the Superintendent of Banks FRANK W. BELL, President. Date of Charter: 2-28-1874 RICHARDS. NORMAN, Cashier. Began Business: 10-13-1884 ASSETS C..h, balances with other banks, in- cludinjl reserve balances, and caah items m proceee of collection...... I United States Government obligations, direct and guaranteed ..... . Obliga~io~~ of States and politieal IUbc:liVJilODB. , ....... Other honda, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) ......... IAana and diacounta (including over- drafts) ........................ . Bank premia<'a owned, furniture and fixtuna.............. : ......... . Real estate owned other than bank premiaea....................... . Investments and other aaaeta indi- rectly representing bank premiaea or other real estate ............. Customers' liability to thia bank on acceptances outstanding......... . Other Aaaeta..................... . 1,058,826.24 2,699,033.26 363,932.70 373,669.20 None 3,195,752.59 2.00 None None None None Total Aueta............... . I 7,691,215.99 UABIUTIES Demand de.,...ita................ I Time depoe1ta.................... . Pepoaits Of U. 8. Government . . . . . . Depoai!s of States and political sub- divieaODa ...................... . ~l:;!.;~:ertified" ;.;.d omoo.~ checks, etc.) .................. Billa payable..................... Acceptances executed by or for eo- count of thia bank and outstanding.......................... .. Other liabilities .................. ~::!:::::::::::::::::::::::::: Undivided profits................. . Reaervea .... 2,236,366.82 3,474,664.15 104,130.06 1,099,272.47 133,920.53 20.271.93 None None 23,507.45 200,000.00 200,000.00 126,582.58 72,500.00 Total Liabilities........... 1 7,691,215.99 STATEMENT Showing condition at the elose of business December 31, 1961, of BANK OF MILLEN Millen, Ga. As ealled 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 Cub, balances with other banks, in- cluding reserve balanCI'S, and cash items in proceee of collection ......I United States Government obligations, direct and guaranteed...... 0~~t'd\~i~To.:. -~~~~.~~d..~~~i~~':"! Other bonda, notes, and debentures.. CoF~~~!1 R~~e<~:~tt~ -~~~- 0~ IAans and discounts (including overdrafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises........................ Investments and other aaaets indi- ~~c!~lbe~er::.":i!.':!. ~~~~- .~r~~i.s~ Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets.. . . . . . . . . . . . . . . . . . . . . 370,375.79 1,924,472.66 None 28,494.87 None 1,176,423.11 39,092.69 1,000.00 None None None Total A99ets .................. I 3,539,859.12 LIABILITIES Demand deposita................. I Time depoe1ta .................... . Deposita of U.S. Government ..... . D'jl~~n~~ ~~~':". ~~~ ~o..~t.i~l. ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplus ..................... , ... . Undivided profits................. . Reserves ........................ . 1,681,402.63 1,116,649.60 1,300.00 373,035.73 10,000.00 10,592.84 None None None 100,000.00 200,000.00 41,878.32 5,000.00 Total Liabilities.............. I 3,539,859.12 100 DEPARTMENTO~JB_A_~~=IN~G~------------------ STATEMENT Showing condition at the close of business December 31, 1961, 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- cludillj! reserve balances, and cash items m proceBB of collection ...... S United States Government obligations, direct and guaranteed ..... . Obligat,iop~ of States and political aubdlVJBlODB ..... 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 &BBets indi- rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . Total Assets ................ S 119,901.21 117,450.00 NonP 109,950.00 None 147,886.07 2,001.00 1.00 None None None 497,189.28 LIABILITIES Demand deposits..................S Time deposits.................... . Deposits of U.S. Government..... . D~!~~f. ~~~~- ~~- ~-ol~t.i~l. ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Billa payable..................... . Acr.eptanccs executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . 'Reserves ........................ . 203,315.99 183,857.43 719.00 57,873.93 None 208.04 None None 1,500.00 30,000.00 10,000.00 9,714.89 None Total Liabilities.............. S 497,189.28 STATEMENT Showing condition at the close of business December 31, 1961, of THE FARMERS BANK Monroe, Ga. As called for by the Superintendent of Banks GEO. W. BAKER, President. Date of Charter: 1-1-1906 J. B. BUTTS, Cashier. Began Business: 1-1-1906 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection ...... S United Statps Government obligations, direct and guaranteed...... Obligat_io.n~ of States and political SubdiVISIOnS.................... Other bonds, notPs, and debentures.. Corporate storks (including stork of Federal Reserve Bank). . . . . . . . . . . Loans and discounts (including over- drafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises...................... . . Investments and other &BBets indi- rectly reprE"senting bank premises or ot.her re-al estate. . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . . 1,364,269.51 1,293,378.79 383,016.17 34,737.50 13,500.00 2,908,566.94 33,154.14 None Nont> None :-;one Total Assets ................. S 6,030,623.05 LIABILITIES Demand deposits.................. S Time depos1ts .................... . Deposits of U.S. GovPrnml'nt ..... . DdJ~i!l~n~f ~~~~~s. ~~d. P_~l~t.i~~l. ~u~ Deposits of banks ................ . Other deposits (certified and officers' checko, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~:r~:~!.::: :::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 2,698,230.26 2,012,842.63 120,758.76 455,762.05 Nonr 26,303.58 None Nonr 40,1.';2.82 250,000.00 200,000.00 226 572 .91i Non> Total Liabilities......... , .... $ 6.030,623.05 FORTY-SECOND ANNUAL REPORT 101 STATEMENT Showing condition at the close of business December 31, 1961, 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- eluding reserve balanC<'S, and cash items in process of collection ...... I 276,746.17 United States Government obligations, direct and guaranteed ..... . 538,356.25 Obligations of States and political subdivisions................... . Other bonds, notes, and debentures.. 257,931.49 None Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts (including overdrafts) ........................ . 673,461.64 Bank premises owned, furniture and fixtures ........................ 14.797 .3.'J Real estate owned other than bank premises....................... . None Investments and other assets indi- ~~c~~he~er::i::~~~=- ~~~~- -~r~~~~~ None Customers' liability to this bank on acceptances outstanding... . . . . . . . ~~~: Other Assets...................... - - - - - - Total Assets. . . . . . . . . . . . . . . . . I 1,761 ,292.88 LIABILITIES Demand deposits..................1 Time depos1ts.................... . Deposits of U.S. Government ..... . D~~t~n~f. ~~~~es ~~~- ~-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 ........................... Otht>r liabilities . . . . . . . . . . . . . . . . . . . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ . 619,433.29 452,309.63 12,624.85 473.627.20 None 1,845.58 None None 9,412.50 50,000.00 50,000.00 84,539.83 7,500.00 Total Liabilities.. . . . . . . . . . . . 1 I, 761,292.88 STATEMENT Showing condition at the close of business December 31, 1961, of MOULTRIE BANKING CO:&IPANY 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- cludinF reserve balances, and cash itemsm process of collection ...... S United States Government obliga- .. . tions, direct and guaranteed...... o~~v::ro.::.f ~~~. ~~~- ~~~i~~~ Other bonds, notes, and debentures.. Corporate stocks (including stock of Federsl Reserve Bank)... . . . . . . . . Loans and discounts (including over- drafts)......................... Bank premises owned, furniture and fixtures......................... Real estate owned other than bank premises. . . . . . . . . . . . . . . . . . . . . . . . Investments and other assets indirectly representing bank premises or other real estate . . . . . . . . . . . . . . Customers' liability to this bank on acceptances outstanding.......... Other Aasets . . . . . . . . . . . . . . . . . . . . 2,755,945.57 3,783,439.44 569.599.04 550,059.34 None 5,650,814.52 72,399.33 None 65,000. 00 None 4.5, 148. 89 Total Aasets ................. S 13,492,406.13 LIABILITIES Demand deposits ..................S Time deposits.................... . Deposits of U. S. Government ..... . D~!~n~f ~~~~~s. ~~~- ~-oJ~t.i~l. ~~~~ 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 ........................ . 7,176,683.41 2,821.598.27 168,075.48 1,205,48.5.47 280.997.40 77,876.86 None None 264,872.28 300,000.00 700,000.00 228,740.87 268,076.09 Total Liabilities.............. $ 13,492,406.13 102 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, of MOUNT VERNON BANK Mount Vernon, Ga. As called for by the Superintendent of Banks D. A. MeRAE, SR., Pnsident. Date of Charter: 12-21-1900 G. E. HUGHES, Cashier. Began RusinPRS: 1-24-1901 ASSETS C..h, balances with other banks, iD- cludilljl reserve balances, and caal> itema m ptoeeaa of collection...... S United States Government obliptiona, direct and guaranteed ..... . Oblipf:i~ of States and political 8ubdiVI8lOD8 .... Other bonds, notes, and debentures.. Coi]IOrate atoeka (includinc etock of Federal Reserve Bank).......... . Loau and diecounte (iDcludinc over- drafts) ................. ' ..... . Bank premiaee owned, furniture and fisturea........................ . Real estate owned other than bank premieee....................... . Investments and other auete indi- rectly representing bank premieee or other real estate ............. . Customers' liability to thie bank on acceptanc:ee outetandinc......... . Other~te..................... . 371,479.31 540,157.75 33,303.13 49,937.50 None 342,191.74 3,117.23 None None None None Total Aaaete. . . .. .. .. .. . .. .. I 1 ,340,186. 66 LIABILITIES Demand deposita................. I Time depoa1ta .................... . Deposita of U.S. Government ..... . D'Jl~~~~ ~~~- ~~- ~~~~~- ~~~ ])epoaita of banke ................ . Otlier deposita (certified and officers' checks, etc.) ................... . Billa payable..................... . Acceptanc:ee executed by or for ac- count of thia bank and outstanding........................... . Other liabilities .................. . ~::;!f:!. ::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 568,111.74 253,321.47 20,292.06 280,184.74 48,269.19 5,036.51 None None 16,655.00 75,000.00 40,000.00 33,315.95 None Total Liabilities.............. I 1,340,186.66 STATEMENT Showing condition at the elose of business December 31, 1961, 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 Cub, balances with other banka, in- cludinJ reserve balances, and caeh itema m process of collection...... S United States Government obli&a"ti~ direct and guaranteed . . . . . . Obliaat_i~~ of States and political eulldiV18lone .................. Other bonds, notes, and debentures.. Corporate etocke (illcludinc etock of Federal Reserve Bank) .......... . Loau and diecounta (including over- draft&) ............ Bank premieee owned, furniture and fisturee........................ . Real estate owned other than bank premieee....................... . Investments and other auete indi- :"!3'-~rea::!~:.~~--~~~ Cuetomere' liability to thia bank on acceptances outetandinc......... . Other Aaaete..................... . 700,135.13 1,585,505.77 105,875.59 None None 631,862.42 16,910.00 None None None None TotaJA-te.................. l 3,040,288.91 LIABILITIES Demand deposita.................1 Time deposita.................... . Deposita of U.S. Government ..... . DeEv1!l!~f. ~~~- ~~ ~~~t-i~- ~~~ Deposita of banks ................ . Other deposita (certified and officers' checks, f'tc.) ................... . Bille payable..................... . Acceptances executed by or for ac- count of thia bank and outstanding........................... . Other liabilities .................. . Capital. ......................... . Surplue ........................ .. Undivilled pro&te................ .. Reserves ........................ 1,474, 778.04 796,526.63 30,217.48 320,450.01 119,125.29 3,561. 75 None None None 100,000.00 100,000.00 4,000.00 91,629.71 Total Liabilities.............. I 3,040,288.91 FORTY-SECOND ANNUAL REPORT 103 STATEMENT Showing condition at the dose of business December 31, 1961, of THE UNITED BANKING COMPANY Nashville, Ga. As c:alled 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 Cub, balances with other banks, in- eludiuJ reeerve balaneea, and eaeb items m proceee of eollection ...... $ United Statea Govenament obliptiona, direct and IIJ&I"&Dteed . . . . Oblip!J~~ of Statea and political aubdiV18lODa Other honda, notea, and debentures.. Coroorate atocka (includin& stock of Yederal Reeerve Bank) .......... . Laue and discounts (including overdrafts) ........................ . Bank premiaea owned, furniture and fixtures........................ . Real estate owned other than bank premiaea..................... Investments and other uaets indi- :"!3'..::::e.::.O:. ~- -~ Customers' liability to thia bank OD ~~-~~~~~:::::::::: 564,836.86 520,750.00 142,346.27 300,000.00 None 960,750.30 23,800.00 9,375.70 None None None Total A.ets.............. $ 2,521,859.13 LIABILITIES Demand deJIOBits ..................I Time d8p08lts.................... . Depaeits of U.S. Government..... . DeJ!O!i!s of Statea and political sub- divialona ...................... . J)ej>OIIits of banks . . . . . . . . . . . . . . . . . Other deposita (certified and otlicers' checks, etc.) ................... . Billa pliyable.................... .. Acceptances eJ:ecuted by or for ac- count of thia bank and outetandiq ........................... . Other liabilities .................. . Capital.......................... . Surplus ..................... Undivided profits................. . Reeervea ....................... .. 1,049,737.71 748,340.29 33,927.21 323,843.81 106,836.54 15,705.23 None None 5,000.00 100,000.00 100,000.00 38,468.34 None TotalLiabilitiea.............. $ 2,521,859.13 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF NEWINGTON Newington, Ga. As c:alled for by the Superintendent of Banks HORACE V. WELLS, President. Date of Charter: 7-7-1919 ERNEST E. LEE, Cashier. Began Business: 8-14-1919 ASSETS Cub, balances with other banks, in- cluding reserve balances, and caoh items in proceaa of collection...... $ United Stat~ Government obligations, direct and guaranteed ..... . Obliga~io~ of Statea and political auodtvlstons . .................. . Other bonds, notes, and debE-ntures .. 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 .................. $ 183,962.75 105,000.00 None None None 99,691.71 825.00 None None None None 389,479.46 LIABILITIES Demand deposita ..................S Time deposito.................... . Deposits of U. S. Government . . . . . . D':ft~!l~n~f. ~~~~- ~~- ~_'~t.i~. ~~~ Deposits of banks ................ . Other 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........................ . 284,757.02 35,584.25 None 21,536.72 None 1,028.88 None None None 11;,000.00 25,000.00 6,572.59 None Total Liabilities.............. $ 389,479.46 104 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, of THE CITIZENS AND SOUTHERN NEWNAN BANK Newnan, Ga. As called for by the Superintendent of Banks GLENN WARE, President. Date of Charter: 2-25-1955 B.S. ASKEW, Cashier. Began BusineRR: 2-25-1955 ASSETS Cash, balances with other banks, in- cludinjl reserve balances, and cash items1n process of collection ...... S United States Government obligations, direct and guaranteed. . . . . . 0~1~N~t;,Ton~f -~~-t~. ~~~-. ~~~i~~cal 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 estste 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...................... 1.843,601.82 1,997,654. 78 407,767.58 None 5,000.00 4,822, 822.97 105,553. 96 16,375.00 None None 30,491.21 Totsl Assets.................. S 9,229,267.32 LIABILITIES Demand deposits..................I Time depos1ts.................... . Deposits of U.S. Government ..... . D'Ji~!l~n'!f ~~~~es ~~~- ~.o..~t~~al. ~~~ Deposits of banks ................ . Other deposits (certified and officers cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstand ing ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ . 3,845,196.05 2,775,023.58 88,747.89 942,634.29 353,068.92 27,022.30 None None 326,299.15 250,000.00 300,000.00 271,275.14 50,000.00 Tots) Liabilities.............. S 9,229,267.32 STATEMENT Showing condition at the dose of business December 31, 1961, of BAKER COUNTY BANK Newton, Ga. As called for by the Superintendent of Banks ALBERT W. BARBER, President. Date of Charter: 10-4-1906 0. C. SINDERSINE, Cashier. Began Business: 10-15-1906 ASSETS Cash, balances with other banks, in- cludinjl reserve balances, and cash items 10 process of collection...... S United Ststes Government obligations, direct and guaranteed ..... . Obliga~io.n~ of Ststes and political aubdlv1810ns ................... . Other bonds, notes. and debentures.. ColJ>orate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estste owned other than bank premises............... .... Investments and other assets indirectly representing bank premises or other real estste ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . Total Assets...................s 309,623.01 346,378.40 11,803 . .';3 None None 322,732.72 4,990.44 None None None None 995,528.10 LIABILITIES Demand deposits ..................S Time deposits of banka . . . . . . . . . . . . . . . . . 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 ........................ . 339,199.54 265,495.00 None 57,706.78 None 1,206.05 None None 1.274.80 25,000.00 15,000.00 15,924.41 None Total Liabilities.. . . . . . . . . . . . S 720,806.58 STATEMENT Showing condition at the close of business Deeember 31, 1961, 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 :::ash, balances with other banks, in- cludi"' reserve balances, and cash items 1n process of eollection...... S IJnited States Government obli&ations, direet and guaranteed ..... . lbliga~i~ of States and political IU'bdiVl810D8 . . . . . . . . . . . . . . . . . . . .. )tber bonds, notes, and debentures.. :::Orporate stocks (includjng stock of Federal Reserve Bank} .......... . [.oans and dieeounts (including over- drafts} ........................ . !lank premises owned, furniture and fixtures ...................... !leal estate owned other than bank premises....................... . :nvestmenta and other -eta indi- rectly representing bank premises or other real 08tate............. . :::UStomers' liability to this bank on ~tances outstanding......... . >ther Aaeta..................... . 329,886.53 494,593.67 None 275,000.00 None 443,583.08 15,109.00 1,243.00 None None None Total Assets ................. S 1,559,415.28 LIABILITIES Demand deposita................. S Time depos1ta.................... . Deposita of U.S. Government ..... . Dect~~~ ~~~- ~~- ~-l~t~~- ~~~ 8:;i.re::.~n~!eriifi..d ~:O.i ".)fiiCf,;B checks, etc.) ....... Billa payable..................... . Acceptances executed by or for ...,_ eount of this bank and outstanding.......................... .. Other liabilities .................. . Capital.......................... . Surplus......................... . Undivided profits................. . Reserves........................ . 763,368.05 485,341.78 3,937.80 178,959.61 None None None None 7,345.58 30,000.00 60,000.00 30;462.46 None s Total Liabilities............ 1,559,415.28 _10_6_ _ _ _ _ _ _ _ _D_EP_~~J'_M_E_N_T _Q~B_A_N~~NG - - - - - - - - - - - - STATEMENT Showing condition at the close of business December 31, 1961, 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- 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 f'ederal Reserve Bank) .......... . Loans and discounts (;ncluding 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 acceptanr.ea outstanding......... . Other Assets..................... . 243,784.78 601,651.38 None None None 479,012.94 10,603.51 None None None None TotalAsaets ................. S 1,335,032.61 LIABILITIES Demand deposita.................. S Time deposita.................... . Depoaita of U.S. Government ..... . D~l~n~f ~~~~~s. ~~~. ~.l~t~~. ~~~ Depoaita of banks . . . . . . . . . . . . . . . . . Other depoaits (certified and officers' checks, etc.) ................... . Bills payable.................... .. Acceptances executed by or for ac- count of this bank and outstanding .......................... . Other liabilities................. .. ~::::~:. ::::::::::::::::::::::::: Undivided profits................. . Reserves........................ . 676,842.10 398,935.00 10,724.61 89,928.86 None 3,079.52 None None 7,342.04 75,000.00 35,000.00 38,180.48 None Total Liabilities............... $ 1,335,032.61 STATEMENT Showing condition at the close of business December 31, 1961, 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- cludinjl reserve balances, and cash items 10 process of collection ...... I United States Government obligations, direct and auaranteed ..... . Oblipt_io.n~ of States and political 8Ubd1Vl810DB, , , ... , .... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and diacounts (includina 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 rr.al estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . 735,129.53 1,427,953.44 15,980.52 25,000.00 None 1,319,012.39 4,000.00 None None None Non<' Total Assets.................. S 3,527,075.88 LIABILITIES Demand deposits................. I Time depoa1ta .................... . Depoaits of U. S. Government ..... . DTi'J!l~n~f ~~~~a. ~~~- ~-l~t~~~- ~~~ Deposita of banks . . . . . . . . . . . . . . . . . Other depoaita (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . ::::::::::::::::::::::::: Other liabilities................. .. ~::::~:!. Undivided profits................. . Reserves........................ . 1,618,080.67 1,237,639.13 40,473.02 241,726.25 None 10,238.00 None None Non<' 100,000.00 100,000.00 78,918.81 100,000.00 Total Liabilities.............. S 3,527,075.88 FORTY-SECOND ANNUAL REPORT 107 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF OGLETHORPE Oglethorpe, Ga. As called for by the Superintendent of Banks JOHN F. WILLIAMS, BLANCHER. WILLIAMS, President. Cashier. Date of Charter: 2-5-1901 Began Business: 2-8-1901 = = = = -=--==-=-=-=-=-=-====:===-=-=-=====--- ASSETS Cash, balances with other banks, in- cludinjl reserve bl\lan~es. and cash items 1D process of eollretion ......S United Statr.s Governn1ent obligations, direct and guaranteed ..... . Obligat_i~n~ of States and political 8UbdtV181008 . ................ Other bonds, notes, and debentures.. Corporal~ stocks (including stock on Federal }{~serve 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................ - - .. - - 744,838.30 354,318.60 8,000.00 None None 560,680.96 5,001.00 4.00 None None None I.IABILITIES Demand deposits................. S Time depositS.................... . Deposits of U. S. Government ..... . DeJ?"'!i!s of States and political sub- dtvastons ...................... . Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank aJ!d outstanding ......................... -. Other liabilities .................. . ~:.!;!:.~!-_ _-:::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 770,197.21 515,055.29 7,484.87 138,446.59 None 15,032.60 None None 20,451.64 60,000.00 20,000.00 105,750.05 20,424.61 Total Assets ................. -S 1,672,842.86 Total Liabilities.............. S 1,672,842.86 STATEMENT Showing condition at the close of business December 31, 1961, 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 Cash, bals.nces 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 SUbdlVlSlODS . .................. Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal R~serve 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 r~al ~state ............. . Customers' liability to this bank on acceptances outstanding......... . Other Assets..................... . Total Assets................. S 130,767.71 287,700.00 17,921.95 174,843.75 None 120,076.31 2.00 None None None None 731,311.72 LIABILITIES Demand derosits................ -S Time depos1ts................... . Deposits of U.S. Government ..... . DeJ?O~i!s of States and political sub- divtslons ...................... . Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers' checks, etc.) ................... . Dills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~:.!;!r:!-._-.-::::::::::::::::::::::: Undivided profits................. . Reserves........................ . 460,791.70 129,934.95 3,112.70 37,185.06 None 2,803.31 None None None 25,000.00 10,000.00 12,484.00 50,000.00 Total Liabilities...... - . . . . . . s 731,311.72 108 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, 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 C...h, balances with other banks, in- cluding resr!rve balances. and cash items in prooess of e.>llection...... $ United States Government obligations, direct and guaranteed ..... . Obliga~io~ of States and political BUIXhVISIODB . .................. . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federlll U.eserve Rank) .......... . 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 aeceptan<'es outstanding......... . Other Aasets..................... . Total Aasets .................. $ 153,722.81 301,266.62 None None None 155,678.50 I ,830.00 None None None None 612,497.93 LIABILITIES $ Demand deJlosits................. . Time depostts.................... . Deposits of U.S. Government ..... . ne~1!l:n~~ ~~~~- ~~~ ~-~t.i~~. ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Rills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities.................. . ~:r~~!.::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 312,949.96 84,649.46 789.50 147,100.00 None 442.77 ~one None None 25,000.00 25,000.00 16,566.24 None Total Liabilities. . . . . . . . . . . . . $ 612,497.93 STATEMENT Showing condition at the c:lose of business December 31, 1961, 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 ea..h, balances with other banks. in- eluding reserve balances, and cash$ items in process of collection..... . 616,430.78 United States Government obligations, direct and guaranteed ..... . 611,679.50 0~!tli~!Ton":. -~~~~. ~~~- .~~i~~~_J 1,000.00 Other bonds. notes, and debentures.. None Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts (including over- drafts) ............... 487.503.25 Bank premises owned, furniture and fixtures ........................ . 4,546.74 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 acceptances outstanding......... . None - - - - - - Other Aasets..................... . None Total Assets .................. $ 1,721, 160. 27 LIABILITIES Demand deJlosits................. $ Time depostts.................... . Deposits of U.S. Government ..... . D'Ji~i!~~n~~ S~t~s. ~~~- ~.o..~t~~~- ~~~: Deposits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities.................. . ~r~~!.::::::::::::::::::::::::: Undivided profits................. . R<'SCrVI"S ........................ . 763,822.33 560,699.68 39,503.48 103,107.60 114.508.17 1,032.74 None None 4,488.50 50,000.00 50,000.00 23,997.77 10,000.00 Total Liabilities.............. $ 1,721,160.27 FORTY-SECOND ANNUAL REPORT 109 STATEMENT Showing condition at the close of business December 31, 1961, of FARMERS BANK OF PELHAM Pelham, Ga. As called for by the Superintendent of Banks W. THERON SAULS. President. Date of Charter: 8-25-1902 JOHN L. CARR, JR. Cashier. Began Business: 9-1-1902 ASSETS Cash, balancee with other banks, in- cludinj( reaerve balancee, and cash itema tn proceas of collection......I United States Government obligations, direct and guaranteed...... o~:.eN~To.:'af..~~~~. ~~..~~i~~e_a_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 othe aaaeta indi rectly repreat'nting bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Aasets. . . . . . . . . . . . . . . . . . . . . Total Aasets. . . . . . . . . . . . . . . . . I 883,282.54 1,442,377.69 35,000.00 None None 1,206,972.54 40,777.07 1,200.00 None NonP 17, 526 .08 3 ,627 ,135 .92 LIABILITIES I Demand deposits................. . Time deposits.................... Deposits of U. S. Government ..... . DeJl~~~n~~ ~~~O:S. ~~~ ~. ~~~1. ~~~ Deposits of banks ................ . Other deposita (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................. . Reaerves ........................ . 1,717,908.11 912,960.77 32,118.69 498,285.42 26.665.69 15,551.27 None None 37,115.39 150,000.00 100,000.00 136,530.58 None Total Liabilities.............. I 3,627 ,135. 92 STATEMENT Showing condition at the close of business December 31, 1961, 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, balances with other banke, in- cludinj( reserve balancee, and eaah itema 1n process of collection...... I United States Government obligations, direct and guaranteed ..... . Obliga~i~ of States and political aubdlVJIIOna . .................. . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ....................... Bank premises owned, furniture and fixtures...................... Real estate owned other than bank premises.................. Investments and other aaaets indi- :C!~f.e~r=".!:!'::. ~~~- -~~~~ Customers' liability to this bank on acceptancee outstanding......... . Other Aasets..................... . 632.014.70 896,314.90 99,527.48 None None 848,219.54 2.00 None None None 95.28 Total Aasets................ I 2,476,173.90 LIABILITIES Demand deposits................. I Time deposita.................... . Deposits of U.S. Government ..... . nerv~~n~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 ........................ . 1,238,063.15 686,121.98 45,495.02 233,643.13 None 2,068.19 None None 8.150.95 100,000.00 100,000.00 56,431.46 6.200.02 Total Liabilities.............. 1 2,476,173.90 110 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business Deeember 31, 1961, of THE PEM..ROKE STATE BANK Pembroke, Ga. As called for b7 the Superintendent of Banks C. L. GRUVEB, President. Date of Charter: 12-29-193'i E. B. MILES, Cashier. Began Business: 2-11-1938 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and p;uaranteed ..... . Obligat.io.n~ of States and political SUbdtV1810D8 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 accept.ances outstanding......... . Other Assets..................... . 476,848.71 546,893.94 18,435.07 None None 624,699.07 9,830.00 None None None 21,929.59 Total Assets................. S 1,698,636 .38 LIABILITIES Demand deposits................. S Time deposts .................... . Deposits of U.S. Government ..... , D'Jfvf!\!n~f. ~~~~~s. ~~~- ~-ol~t~~~~. ~~~ Deposits of banks ................ . Other deposits (certified and officers' ~becks, etr.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities.................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ . 802,240.02 430,489.31 19,565.66 287,537.47 None 16,022.56 None None 14,007.60 75,000.00 40,000.00 8,773.76 5,000.00 Total Liabilities............. S 1,698,636.38 STATEMENT Showing condition at the elose of business Deeember 31, 1961, of PERRY LOAN & SAVINGS BANK Perr;r, Ga. As called for b7 the Superintendent of Banks C. E. ANDREW, President. nate of Charter: 8-20-1889 M. M. DEAN, Cashier. Began Business: 1889 ASSETS Cash, balances with other banks, in- cludinfl reserve balances, and cash items 1n proceas of collection......S United States Government obligations, direct and guaranteed ..... . Obligat~o~ of States and political IUbdJVI810DB . , .. Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discount& (including over- draft&) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank prentisea....................... . Investments and other BBSets indi- rectly representing bank premises or other real estate ............. . Customers' liability to this bank on Otb~~X!:~:;.e_a_ ~~~t~~~i~~:::: :: :::: 1,858, 757.76 725,812.51 155,118.92 None None 1,525,649.85 60,000.00 1.00 None None None Total Assets .................. $ 4,325,340.04 LI.ABILITIES Demand deposita ..................S Time deposts.................... . Deposita of U.S. Government ..... . DeJ!OI!i!s of States and political aub- divialons ...................... . Deposits of banks................ . Other deposits (certified and officers' checks. etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ......................... Other liabilities.................. . Capital.. ........................ . Surplus ......................... . Undivided profits................. . Reserves ........................ . 2,010,903.77 704,297.60 68,765.87 922,589.06 None 108,768.30 None None None 100,000.00 100,000.00 310,015.44 None Total Liabilities.............. S 4,325,340.04 ----------------~F~O~R=T=Y~-S=E~C~O=N~D~A=N~N~U=A==L~R=E=P~O=R=T~------------~111 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF PINEHURST Pinehurst, Ga. As called for b7 the Superintendent of Banks HOWELL PORTER, President. Date of Charter. 1-1-1908 ALTON P. DRAUGHON, Cashier. Began Business: 1904 ASSETS Cub, balancee with other banks, in- cludinJ!: reoerve balances, and cub itema m proee.. of collection...... $ United States Government obliptione, direct and IIUU'anteed ..... . Oblic:a~io~! of States and political aubd1Vl8Jona . ............. Other bonds, notes. and debentures.. Corporate atoc:ka (lncludins atoc:k of Federal Reserve Bank) .......... . Loans and diaeounts (including overdrafts) ........................ . Bank premiaea owned, furniture and &zturee . . . . . . . . . . . . . . . . . . . . . . . . Real estate owned other than bank premioea................ ' ... Investments and other 'aaaeta indirectlY repreoentins bank premises or ot'her real estate ............. . Cuatomera' liability to thia bank on acceptances outatandins......... . Other Aaaeta..................... . 315,910.21 325,512.97 None None None 250,175.87 9,744.95 None None None None Total Aaaets ................$001.'344.00 LIABILITIES Demand deposita................. $ Time depoa1ta .................... . Deposita of U. S. Government ..... . D~!I~n~~ ~~~. ~~~- ~~~~~~- ~~~ Deposita of banka ................ . Other deposita (certified and oflicera' checka, etc.) ................... . Billa payable..................... . Acceptance executed by or for ac- count of thia bank and outstandins........................... . Other liabilities .... .'............. . ~~l:!.:. :::: ::::: ::::: ::: ::: ::: Undivided profits................. . Reserves ........................ . 594,163.47 131,468.71 785.00 42,899.97 None 32,331.47 None Non<' 6,648.38 25,000.00 25,000.00 43,047.00 None Total Liabilities.............. $ 901,344 00 STATEMF.NT Showing condition at the close of business December 31, 1961, of FARMEllS AND MERCHANTS BANK Pine Mountain, Ga. Aa called for b7 the Superintendent of Banks HENRY ZACHRY, President. Date of Charter: 3-22-1909 ROY ASKEW, Cashier. Began Business: 4-19-1909 ASSETS Cub, balances with other banka, in- eluclina reoerve balancee, and cub itema lD proc:eu of collection...... $ United States Government obliptiona, direct and suaranteed ..... . Oblic:at.io~ of States and political aubdivaa1ona . .................. . Other bonds, notes, and debentures.. Corporate atoc:ka (includins atoc:k of Federal Reserve Bank) .......... . Loans and discounts (includins overdrafts), ....................... . Bank premioea owned, furniture and &zturee....................... .. Real eatate owned other than bank premiaea ........... lnveatments and other -ts indi- rectlY repreoentins bank premioea or ot'ber real estate ............. . Cuatomera' liability to thia bank on aeceptaneea outstandins......... . Other Aaaeta..................... . 864,748.48 782,241.10 216,936.86 350,000.00 None 824,ll7.97 2.00 100 :Ifone None None TotalAaoeta.................. $ 3,038,047.41 LIABILITIES Demand depoaits.................. $ Time depoa1ta .................... . Deposita of U.S. Government ..... . D~I~~~ ~~~~ ~~- ~-~l~t.i~al. ~~~ Deposita of banka ................ . Other deposita (certified and officers checka, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of thia bank and outatand ing .... ....................... . Other liabilities .................. . ~~f:!.:::::: ::::::::::::::::::: Undivided profits................. . Reaervea ........................ . 1,207 ,328. 94 871,207.10 4,423.73 644,721.02 None 8,409.92 None None 97.44 100,000.00 100,000.00 81,859.26 20,000.00 Total Liabilities.............. $ 3,038,047.41 112 DEPARTMENT OF BANKING STATEMENT Showing condition at the c:lose of business December 31, 1961, of PITTS BANKING COMPANY Pitts, Ga. As called for by the Superintendent of Banks A. C. SHELL, President. Date of Charter: 6-2-1906 EDWIN W. SHELL, Cashier. Began Business: 6-1906 ASSETS Cash, balance& with other banks, in- cludiDJ reserve balaneea, and cash items m proceaa of collection......$ United States Government obligations\ direct and guaranteed ..... . Oblin~IOM of States and political aubdi.V18lona ................... . Other bonds, notes, and debentures.. Corporate stocks (includina stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premiaea owned, furniture and fixtures........................ . Real estate owned other than bank premiaea...................... .. Investments and other aaaeta indirectly repreeentin bank premiaea or other feal estate............. . Customers' liability to this bank on acceptances outatandina......... . Other Aaaeta..................... . Total Assets ................ . 311,068.43 251,800.00 None 75,000.00 None 106,561.54 1,001.00 None None None None 745,430.97 LIABILITIES Demand deposita ..................~ Time depoa1ta .................... . Deposita of U.S. Government ..... . D'rvl!~~ ~~~~- ~~~- ~~~~~~- ~~~ Deposita of banks ............... .. Other deposita (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 ........................ . 352,606.70 234,952.25 5,175.10 71,364.61 None 2,880.37 None None None 2.';,000.00 25.000.00 15,000.00 13,451.94 Total Liabilities.............. $ 745,430.97 STATEMENT Showing condition at the close of business December 31, 1961, of THE BANK OF QUITMAN Quitman, Ga. As called for by the Superintendent of Banks F. T. BENSON, President. Date of c:barter: 12-31-1888 A. C. LOWE, Cashier. Besran Business: 12-31-1888 ASSETS Cash, balaneea with other banks, in- cludiiiJ reserve balaneea, and cash items 1n proeeaa of collection...... $ United States Government obliga- oi=fV~~1;8;1e0cD!8f.U.S.'!.~':t;>cip;,i.ii.ic.&..i Other honda, notes, and debentures.. Corporate atocka (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. aaaeta indi- rectly repreaeotina bank premiaea or otller feal estate ............. . Customers' liability to this bank OD acceptance& outstanding......... . Other Aaaeta..................... . 761.419.30 1,451,262.50 20,000.00 None None 862,443.41 27,617.23 None None None 20,000.00 TotalAaaeta.................. $ 3,142,742.44 LIABILITIES Demand deposita.................$ Time depo&Jta .................... . Deposita of U.S. Government ..... . De~i! of States and political aub- divistons ................... ])e_poaita of banks . . . . . . . . . . . . . . . . . Other deposita (certified and officers' checks, etc.) ................... Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities.................. . ~=~!.::: :::::: :::::: ::::::: :: : Undivided profits................. . Reserves ....................... 1,617,882.32 864,741.01 12,146.73 237,509.65 5,416.65 13,389.60 None None 21,174.57 100,000.00 100,000.00 50,481.91 120,000.00 Total Liabilities.............. $ 3,142,742.44 FORTY-SECOND ANNUAL REPORT 113 STATEMENT Showing condition at the close of business December 31, 1961, of THE TATTNALL BANK Reidsville, Ga. As called for by the Superintendent of Banks RALPH HUCKABEE, Pr:!sident. Date of Charter: 9-14-1900 E. B. REGISTER, Cashier. Began Business: 10-22-1900 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in prC>Celllection ...... I United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political subchvlSlOns ................... . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal lteserve 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 hank on acceptandiYU10118 Other honda, notee, and dehenturea.. Conlorate atooka (includin& atocl< of F"ederal Raerve Bank) 0 0 0 0 0 0 0 0 0 I..oue and dieeounte (includinc over- draft.). 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 premieea owned, furniture and lbtturee.................... Real eatate owned other than bank premieea 0 0 0 0 0 0 0 0 0 0 0. 0 0 0 0 0 0 0 IDvemnente and other auete indi- rectlY repreeentinc bank premieea or oih..- ieal eatate............ Cuetomere' liability to thie bank on -.tanoea outetandinc..... Other A.ete. 0 0 0 0 0 . . . . . . 0 0 0 0 0 0 0 0 Total A.ete.I 756,575.02 371,986.72 18,252.90 179,862.50 None 996,602.06 18,331.85 None None None 8,849.49 2,350,460.54 LIABILITIES Demand depoeite................. I Time depoonte................ Depoeite of U. 8. Government ..... D"J!!'!i~ of 8tatee and political nb- diviatona .... ~l:;!.~ceriified: U"ci ;,er.- checke, etc.) ............... Billa payable................. Acceptanoea esecuted by or for ao- count of thie bank and outetanding........................... . Other liebilitiea ........... Capital.... 0 0 0 0 0 0 0. 0 0 0 0 0 0. 0 0 0 0 0 0 0 Sui'olue......................... . Undivided profite...... , ...... Reaervea ....................... .. 1,029,244.06 769,716.70 12,883.15 297,433.64 25,000.00 5,287.02 None None 4,500.00 75,000.00 75.000.00 25,000.00 31,395.97 Total Liabilitiea...............1 2,350,460.54 STATEMENT Showing condition at the close of business December 31, 1961, of WILLLUIS BANKING COMPANY RlliDe, GL Aa called for by the SuperinteMeat of BaDb R. J. STUDSTILL, President. Date of Charter: 8-4-1947 MARJORIE H. STUCKEY, Cashier. Began Business: 10-1-1947 ASSETS Ceeh, balaDoea with other banke, in- cludinJ reaern balanoea, and caah itema m prooeea of collection.... I 129,842.01 United Statee Government oblip- tiona, direet and guaranteed. 0 0 0 0 0 460,025.69 o==~f. -~~-~ ~~ ~~~~~ None 0 0 Other bonde, notee, and dehenturee. None Conlorate atoclOBita................ I Time depoa1ta.................... . Depoaita of U. 8. Government ..... . De~~.::.~~~.~~.~~~~~.~~~ Deposita of banks ................ Other depoaita (certified and ollieera' checka, ete.) ................... Billa payable..................... . Acceptances elleeuted by or for ac- count of thia bank and outstand- O tihnegr.l.i a. b. .i l iti es.................... Capital. ......................... Surplua ......................... . Undivided profits................. . Reserves ........................ . 1,153,151.02 738,872.69 85,252.99 580,951.47 None 3,530.24 None None None 50,000.00 100,000.00 78,829.31 None Total Liabilities...............1 2,740,587.72 116 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, of THE CRAWFORD COUNTY BANK Roberta, Ga. As called for by the Superintendent of Banks C. R. AVERA, President. Date of Charter: 1-7-1901 J. E. CLARK, Cashier. Began Business: 1-8-1901 ASSETS Cash, balances with other banka, includilljl reserve balances, and cash iteJDlltn proceaa of collection ......1 United States Government obligations, direct and guaranteed ..... . 0~~\~TonO:..~~~~ . ~~~..~~it~c.~l Other bonds, notes, and debentur~a.. 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 assets indi- rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaets..................... . Total Aaaeta ................. I 173,112.82 312,492.70 24,926.26 269,387.50 None 277,272.65 6,677.98 400.00 None None None 1,064,269.91 LIABIUTIES Demand deposits ..................1 Time depostta.................... . Deposita of U.S. Government ..... . Dervl!~.:f. ~~~~s. ~~~. ~~~t~~~~. ~~~ Deposita of banks ................ . Other deposita (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances ~xecuted bSO or for ac- count of this bank and outatand ing ........................... . Other liabilities................... . ~:r~f:!.::: ::::::::::::::::: ::::: Undivided profits................. . Reoser\cs ........................ . 492,963.78 221,342.38 None 268,177.84 None 1,993.72 None None 5,000.00 50,000.00 20,000.00 4,792.19 None Total Liabilities.............. I 1,064,269.91 STATEMENT Showing condition at the close of business December 31, 1961, of ROCHELLE STATE BANK Rochelle, Ga. As called for by the Superintendent of Banks W. K. HOLT, SR., President. Date of Charter: 7-8-1947 MATT W. ESTES, Cashier. Began Business: 8-1-1947 ASSETS Cash, balances with other banks, includin~ reserve balances, and cash itematn process of collection......I United States Government obligations, direct and guaranteed ..... . Obligat.iop! of States and political IIU'bdiVIBlOD8 . .............. 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....................... . lnveootmenta and other aaaeta indi- ~~!3.e~::Or:r"e::::. ~~~- ~~~~ Customers' liability to this bank on acceptances outstanding...... Other Aaaeta.................... . Total Aaaeta................. I 2114,518.94 396,990.63 13,009.37 None None 336,073.38 3,901.89 None 918.00 None None 1.045,412.21 LIABILITIES Demand deposita.................I Time depoatta.................... Deposita of U.S. Government ..... . D~!t~.:f. ~~~~. ~~~ ~~t.i~~ ~~~ Dej)OIIits of banks . . . . . . . . . . . . . . . . . Other deposita (certified and officers' checks, etc.) ................... Billa payable..................... . Acceptances executed by or for ac- count of tltis bank and outstanding........................... . Other liabilities................... ~:r~f:!.::::::::::::::::::: :::::: Undivided profits................. . Reserves ........................ . 529,022.28 282,683.65 25,297.57 116,099.94 None 3,642.67 None None 2,655.35 25,000.00 30,000.00 51,010.75 None Total Liabilities.............. I 1,045,412.21 FORTY-SECOND ANNUAL REPORT 117 STATEMENT Showing condition at the close of business December 31, 1961, of -.:;; THE ROCKMART BANK ~~ Rockmart, Ga. ':', Aa called for by the Superintendent of Banks M.A. PERRY, President. Date of Charter: 10-30-1900 JAMES E. WHITE Cashier. Began Business: 1900 ASSETS Cash, balances with other banka, in- cludillfl reserve balances, and cash itema m proceBB of collection ...... S United States Government obligations, direct and guarant~ed ..... . Obliga~io."'! of States and political 8Ulld.1Vl810h8 . , Other bonds, notes, and debentures.. Corporate atocka (including stock of Federal Rescne Bank) .......... _ Loans and discounts (including over- draft&) ....... - ............... . Bank premises owned, furniture and fixturea.......... - ... - ......... . Real estate owned other than bank premises....................... . Investments and other assets indi- rectly representing bank premises or other real estate............. . Customers' liability to thia bank on acceptances outstanding..... - ... . Other Aaaeta; .................... . 1.087 '988. 99 1,190,949.09 211,688.86 None None 2,023,913.28 67,760.64 None None None 6.56 Total Aaaeta ..... - ... S 4,582,307.42 LIABILITIES Demand deposita.................. S Time depos1ta.................... . Deposits of U.S. Government..... . DeJ!Ol!i~s of States and political sub- diviaaons ...................... . J?eJ>08ita of banks ................ . other deposita (certified and officers' checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding....... - ................... . Other liabilities................... . ~:::~. ::::::::::::::::::::::::: Undivided profits................. Reserves ........................ 1,856,681.33 2,131,817.69 19,189.86 186,907.05 None 4,944.05 None None 14,782.77 100,000.00 100,000.00 107,984.67 60,000.00 Total Liabilities.............. s 4,582,307.42 STATEMENT Showing condition at the close of business December 31, 1961, of THE ROME BANK AND TRUST COMPANY Rome, Ga. Aa called for by the Superintendent of Banks J. B. DODD, JR., President. Date of Charter: 4-5-1946 WALLACE C. REED, Cashier. Began Business: 10-1-1945 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in proceBS of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political 8UbdJVI8lOD8 ......... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) ... - . . . . . . Loans and discounts (indu.ting over- drafts) ..... - .. ------ ... -.----. Bank premises owned, furniture lnd fixtures ....... - ................ . Real estate owned other than bank premises....................... . Investments and other 8.811ets indi- rectly representing bank premia~ or other real estate ... - .... - ... - Customers' liability to this bank on acceptances outstanding.. . . . . . . Other Assets...... -.- .......... -.. 1,403,576.81 3,150,269.25 803,810.78 159,877.02 None 3,207,837.23 298,721.03 None None None 28,821.46 Total Auets.---.. -.-.- ... -. S 9,052,913.58 LIABILITIES Demand deposits.................. S Time deposita.................... . Deposita of U. S. Government ..... _ DeJ!O!i~s of Stat~ and political sub- diviatona ...................... . Deposita of banks ............. _.. . Other deposits (certified and officers' checks, etc.) _.................. . Bills payable........ _...... _..... . Acceptances executed by or for ac- count of this bank and outstand ing ........................... Other liabilities..... _............. . ~:.!;!f:!.::: ::::::::::::::: :::: ::: Undivided profits................. . Reserves ........................ . 3,296,119.16 3,485.787.35 287,653.01 1,187,928.67 33,612.97 34,137.53 None None None 352,000.00 200,000.00 1,368.61 174,306.28 Total Liabilitif's.... - ......... $ 9,052,913.58 118 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of ROSWELL BANK Roswell, GL As called 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, balancea with other banks, in- cludinj! reserve balances, and cash items 1n process of collection. . . .. I \:nited States Government obligations, direct and guaranteed ..... . 0~1~\~~o::. -~t~~~~ . ~~~- .~~-i~ie_a_l Other bonds, notes, and deJx.ntures.. Corporate stocks (including atock of Federal Reserve Bank) .......... . Loans and diseounta (including over- drafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than ba.nk premises............... .... . Investment& and other aaaeta indi- rectly repreJ~Cnting bank premioes or other real estate ............. . Cuotornero' liability to this bank on aeceptances outstanding........ . Other Aoaeta..................... . 673,228.17 1,228,778.82 453,006.72 681,095.00 None 3,581,954.05 48,797.18 None None None 22,007.74 LIABII.ITIES Demand deposita..................I Time depoo1ta .................... . Deposita of U.S. Government ..... . D"rvl!~.!f. ~~~~s. ~n~. ~-l~t.i~~~- ~~~ Dejl08ita of banks ................ . Other d~pooita (certified and officero' checks, etc.) ................... . Billa payable..................... . Acceptanees exe~uted by or for ac- count of this bank and outstanding ........................... . Other liabilities.................. . ~:r~f:!.::: ::::::::::::: ::::: :::: Undivided profito................. . Reserves ........................ . 2,723,192.38 2,494,940.46 94,084.21 553,943.87 139,610.54 18,076.11 None None 149,649.96 150,000.00 250,000.00 30,370.15 85,000.00 Total Aoaets .................. 1 6,688,867.68 Total Liabilities.............. 1 6,688,867.68 ------------------------------~----------------------------- STATEMENT Showing condition at the close of business December 31, 1961, of TRI-COUNTY BANK OF ROYSTON Royston, Ga. As Called for by the Superintendent of Banks LAWSON McCONNELL, JOE E. RIDGWAY, President. Cashier. Date of Charter: 8-9-1941 Began Business: 9-1-1941 ASSETS Cash, balances with other banks, in- eludinj! reaene balanoes, and ash iterno 1n process of collection ...... I United States Government obligations, direct and guaranteed. . . . . . 0~~~\~{!'iOl~:. -~~~~. ~~~- -~i~ie.~ Other bonds, notes, and debentures.. Co~~:!i ~~':~:escr\es ........................ . 1,891,377.42 I ,227,401.59 29,402.41 172,090.65 None 90.75 None None 9,610.01 50,000.00 100,000.00 75,888.55 None Total Liabilities.............. I 3,555,861.38 ------------- -~F~O~R~T~Y~-S~E~C~O~N~D~A=N~N~U~A~L~R=E=P~O~R~T~------------~119 STATEMENT Showing condition at the close of business December 31, 1961. of BANK OF RUTLEDGE Rutledge, Ga. As Called for by the Superintendent of Banks R. W. WALLACE, President. Date of Charter: 9-24-1898 C. B. VINING, Cashier. Began Business: 10-1-1898 ASSETS Cash, balances with other banks, in- eluding reserve balances, and cub items in pr()Ce88 of collection ...... :I United States Government obligations, direct and guaranteed ..... . Ob~~'f!N::o:.:. -~~~. ~~~- -~~~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 pren1iaea....................... . Investments and other aaaets indi- rectly representing bank premiaea or other real estate............ .. Customers' liability to this bank on aet"eptancca outstanding......... . Other Aaaets..................... . Total Aneta.................. I 174,893.48 476,726.81 16,521.64 67,937.50 None 451,589.55 1,602.80 None None None None 1,189,271.78 LIABILITIES Demand deposits................. I Time deposits.................... . Deposits of U. S. Government ..... . De~i~ of States and political suh- diviatOJUI . ..................... 8~C'~~~~riifie.i ~ci om~~ checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of thia bank and outstand- ::: ::: :::::: :::::::: ::: :: Otihnegr.l.i.abilities................... ~::::f:!. Undivided profits................. . Reserves ........................ 472,140.40 414,220.07 427.94 164,820.78 None 505.95 None None None 25,000.00 50,000.00 58,085.48 4,071.16 Total Liabilities.............. I 1,189,271.78 STATEMENT Showing condition at the close of business December 31, 1961, of SAINT MARYS STATE BANK Saint Marys, Ga. As called for by the Superintendent of Banks J. B. MILLER, President. Date of Charter: 4-12-1955 FLEM J. HALL, Cashier. Began Business: 8-4-1955 ASSETS Cash, balancca with other banks, in- eluding reserve balances, and cash items in proeeu of collection...... I United States Government obligations, direct and guaranteed ..... . Obliga~io_n~ of State.s and political aubdtvtstona . .................. . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and diaeounts (including overdrafts) ....................... .. Bank premiaea owned, furniture and fixtures.................... .. Real estate owned other than bank premiaea................ Investments and other aneta indi- rectly representing bank premiaea or other real estate............ .. Customers' liability to this bank oo acceptances outstanding.......... . Other Aneta..................... . 436,141.38 495,114.29 None 139,875.00 None 619,209.11 13,059.30 None None Non~ 2,176.68 TotaiA88ets................ 1 1,705,575.76 LIABILITIES Demand deposits............... I Time depos1ts.................... . Deposits of U.S. Government..... . D~~~~ ~~~~~ ~~ ~~~~~ ~~~ Dejloaits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of thia bank and outstanding........................... . Other liabilities.................. . Capital. ........................ .. Surplus......................... . Undivided profits................. . Reserves ....................... .. 677,913.45 426,630.74 193,835.77 240,880.42 None 3,584.34 None None 30,085.82 50,000.00 75,000.00 7,645.22 None Total Liabilities........ I 1,705,575.76 120 DEPARTMENT OF BANKING STATEMENT Showing condition at the c:lose of business December 31, 1961, of ST. SIMONS STATE BANK St. Simoas Island, Ga. As ealled for by the Superintendent of Banks J. H. LESTER, JR., President. Date of Charter: 4-24-1950 C. W.LANCE, Cashier. Began Business: 6-1-1950 ASSETS Caeh, balaneea with other banks, in- cludinjr .-.erve balaneea, and cub items m proeeaa of collection...... $ United States Government oblicationa, direct and paranteed ..... . Oblip~~ of States and political 8UIMiiVl8lOD8 ... Other bonds, notes, and debentures.. Conlorate stks (including stock of Yederal Reserve Bank) .......... . L.na and diacounte (including over- dralte) ........................ . Bank premises owned, furniture and lbturea........................ . Real eetate owned other than bank premises....................... . Inveetmente and other aeaete indi- rectly rep.-.entina bank premises or other real eetate............. . Customers' liability to tbia bank on aoceptancee outetandiq........ Other Aeaete................... Total Aeaete. . . . . . . . . . . . . $ 420,557.79 318,965.57 38,319.79 244,943.75 142.77 925,899.53 21,488.65 None 6,679.05 None 4,889.74 1.981,886. M LIABILITIES Demand deposita ................. $ Time depoa1te.................. Deposita of U. S. Government ..... DecG:!~f. ~~~. ~~. ~~t~~~- ~~~ ~l:;!.;~riffi"ed' ;.;.d ~iiim' checks, etc.) ........... Billa payable.................... Acceptances e:recuted by or for so- count of this bank aDd outetandina ...................... Other liabilitiee............ Capital.......................... . Surplus ................. Undivided profits.. Reserves ......... : ....... 1,015,547.17 631,907.87 40,667.74 136,816.56 33,698.86 512.98 None None 2,326.14 75,000.00 30,000.00 12,509.32 2,900.00 Total Liabilitiee ~886.64 STATEMENT Showing condition at the close of business December 31, 1961, of THE GEO. D. WARTHEN BANK Sandersville, Ga. As ealled for by the Superintendent of Banks C. FINDLAY IRWIN, SR., President. Date of Charter: 3-18-1957 JOHN D. EVERETl', Cashier. Began Business: 3-18-1957 ASSETS Cash, balances with other banks, in- cludinjr reserve balancee, and cash items 1n proeeaa of eollection...... $ United States Government obligations, direct and suaranteed ..... . Oblip~o~ of States and political 8UbdiV1810D8 ... Other bonds, note&;,. and debentures.. Corporate stocks (1ncludinc stock of F..deral Reserve Bank) .......... Loans and diacounte (includina over- dralte) ...................... Bank premises owned, furniture and lbturea........................ Real estate owned other than bank premiaea . . . . Investments and other aaaete indi- :"!~.:=~t!. ~- -~ Customers' liability to this bank on aoceptancea outstanding..... Other Aaaeta ... 1,8ll,666.30 1,427 ,318. 77 458,8.~2.34 39,462.50 None 2,237,938.03 1.00 17,500.00 None None None TotaiAaaeta.................. $ 5,992,738.94 LIABILITIES Demand deposita................ $ Time depoa1ta.................... . Deposita of U.S. Government ..... . De~i~ of States and political sub- divisJooa ... .................... . R:C:l:~~'t!rufi"ed' ~~d offim; cbecka, etc.) ............ Billa payable..................... Acceptancee executed by or for ac- eount of this bank and nutatand ing ......................... Other liabilities.................. . ~::!:::: :::::::::::::::::::::: Undivided pro&ta................. . Reserves ........................ . 3,866,192.34 828,649.02 89,726.09 611,656.81 None 44,182.78 None None None 100,000.00 300,000.00 152,331.90 None Total Liabilities.......... $ 5,992,738.94 FORTY-SECOND ANNUAL REPORT 121 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF SARDIS Sardis, Ga. As called for by the Superintendent of Banks W. H. SMITH, President. Date of Charter: 4-27-1946 L. F. BARGERON, Cashier. Began Business: 7-2-1946 ASSETS Cash, balances with other banks, in- ~ludilljl reserve balances, .and rash Items m proeetN1 of collert1on ......:1 t::nited States Government obligatiooa, direct and guaranteed ..... . 0~!f:N:i.1o.:'1. -~~~. ~~~- .~~i~~~ Other bonds, not.., and debentures.. Corporate stocks (ineludin& stock of Federal Reserve Bank) .......... . Loana and discounts (induding over- drafts) ........................ . Bank premises O""lled, furnitur~ and filEturea ........................ . Real estate owned other than bank pren1isfoa. ...................... . Investments and other assets indi- ~~~f.e~e~'":i:~':. ~~- .~r~~~~~ Cuatomera' liability to this bank on aoeeptances outstanding......... . Other Aaaets..................... . 255,450.62 143,145.56 7,087.90 25,000.00 Noae 266,099.41 4,509.36 Noae Noae None Noae Total Aasets. . . . . . . . . . . . . . . . -.--.,-00-,292--.85- LIABILITIES Demand deposits..................I Time deposits.................... . Deposits of U.S. Government ..... . D'rv'~~~n~f. ~~t~. ~n~. ~~~t.i~~- ~~~ Deposits of banks ................ . Other deposits (rertified and offieera' eheeko, etc.) ................... . Bills payable................... , .. Aereptanees neeuted by or for ac- count of this bank and outstandin& ........................... . Other liabilities .................. . ~:pi~.::::::::::::::::::::::::: un'lvided profits................. . Reserves ........................ . 252,780.32 213,445.44 1,237.93 142,041.60 5,556.30 961.58 None Noae Noae 25,000.00 35,000.00 24,269.68 None Total Liabilities.............. I 700,292.85 STATEMENT Showing condition at the close of business December 31, 1961, of ATLANTIC SAVINGS AND TRUST COMPANY Savannah, Ga. As called for by the Superintendent of Banks EDGAR R. TERRY, President. Date of Charter: 11-6-1933 JAS. J. JOHNSON, Cashier. Began Business: 11-6-1933 ASSETS Cash, balances wi~h other banks, in- cludinfr reserve balances, and cash items m proeeSB of collection...... I United States Government obli&atiooa, direct and guaranteed . . . . . . Ob~~:o:1. -~~~. ~n~..~~-i~i~~~ Other bonds, notes, and debentures.. Co~= ~~eera' liability to thia bank on acceptances outstanding......... Other Aaacta..................... . 248,162.11 None 360,726.13 None 1.00 2,652,558.91 1,836.89 15,939.83 None None 5,937.50 TotalAaaeta................. $ 3,265,162.37 LIABILITIES Demand deJIOIIits................. $ Time depos1ta.................... . Deposita of-U.S. Government ..... . DeJrvT!!~n'!f. ~~~~s. ~n~. ~-l~ti~~- ~~~ 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 ........................ . None 2,488,903.13 None 10,582.90 10,000.00 803.45 None None 23,053.53 300.000.00 300,000.00 151,819.36 None Total Liabilities............. $ 3,285,162.37 ---------------------F-O--R-TY-SECOND ANNUAL REPORT 123 STATEMENT Showing condition at the close of business JJeeember 31, 1961, of THE GEORGIA STATE SAVINGS BANK OF SAVANNAH Savannah, Ga. As called for by the Superintendent of Banks H.M.DUNN, President. Date of Charter: 7-29-1909 S. A. BREWTON, Cashier. Began Business: 8-4-1909 ASSETS Caah, balances with other banka, in- cludin~ reaerve balancea, and caah itema 10 proceaa of coJiection ....... S United Statea Government obligations, direct and guaranteed ..... . Obliga~io!'!' of States and political BUbdlVIBlODI .......... Other bonds, notes, and debentures.. Corporate stocks (including atock of Federal Reaerve Bank) .......... . Loans and discounts (including over- drafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premiees . ...................... . Investments and other assets indi- rectly repreaentiog bank premiaea or other real estate ....... 00 Cuatomera' liability to this bank on acceptancea outstanding......... . Other Aaaeta . . . . 00 . . 00.00 00 585,970.46 718,156.25 618,428.46 50,000.00 None 7.253,317.13 134,481.62 35,270.20 None None 7,799.42 Total Aaaeta ............... S 9 ,403,423 .54 LIABILITIES Demand deposita ..... oo .. oo. oo . oo s Tirue deposita....................., Deposita of U.S. Government ..... . . D'JivT!~~n~~ ~~~~. ~~~. ~_l~t.i~~~. ~~~ Depoaita of banka ................ . Other deposita (certified and officera' checks, etc.) ................... . BiiJs payable .............. 00 Arceptancea executed by or for ac- count of this bank and outstanding ........................... . Other liabilitiea .................. . Capital. ......................... Surplus ......................... . Undivided profita................. . Rearrves........................ . None 8,065,185. 23 None 241,086.25 35,000.00 9,753.18 None None 88,469.77 325,000.00 325,000.00 293,929.11 20,000.00 1'otal Liabilities............. S 9,403,423.54 STATEMEN1' Showing condition at the close of business December 31, 1961, of INDUSTRIAL SAVINGS BANK OF SAVANNAH Savannah, Ga. As called for by the Superintendent of Banks L. R. WYLLY, JR., President. Date of Charter: 5-20-1954 A. B. GAMMON, JR., Sec.-Treas. Began Business: 5-20-1954 ASSETS Caah, balances with other banks, in- eludin~ reserve balances, and cash items In proceaa of collection ...... S United Statea Government obligations, direct and guaranteed . . . . . . Obligat.io!'!' of Statea and political subd1v181ons. . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank). . . . . . . . . . . Loans and discounts (including overdrafts) ......... oo 00 oo . . . . . . . . Bank premises owned, furniture and fixtures....... oo................ Real estate owned other than bank premises........................ Investments and other assets indireetly representing bank premises or other real estate . . . . . . . . . . . . . . Customera' liability to this bank on acceptances outstanding... . . . . . . OtherA888taoo.................... s Total Aaaeta ............... ... 230,640.26 56.'i, 546. 88 None None None 1, 127 , 908. 06 12,305.66 1,205.54 None None 4,793.95 1,942,400.35 LIABILITIES Demand deJIOiita................. .S Time deposita.................... . Deposita of U. S. Government .. Dr~t~~ ~~~. ~~. ~~~t.i~ ~~~ Deposita of banks .. oo oo .. oo .... oo Other deposita (certified and officers' checks, etc.) ................... . Bills payable.... oo .... oo ..... 00 00 Acceptancea executed by or for ac- count of this bank and outatand iog. 0 ......................... . Other liabilities ...... 00 00 00.00 .. .. Capital .... 0 0 0 0 0 0 0 0 0 0 0 0 0 0. 0 0 0 ... Surplus ...... 00 00 0000 00 ........ .. Undivided profits................. . Reaerves ........................ . 271,399.12 1,026,321. 76 None 187,723.12 None 3,859.45 None None 140,809.92 150,000.00 50,000.00 112,286.98 None Total Liabilities.............. S 1,942,400.35 124 DEPARTMENT OF BANKING STATEMENT Showing condition at the elose of business December 31, 1961, of SAVANNAH BANK AND TRUST COMPANY OF SAVANNAH Savannah, Ga. As called for by the Superintendent of Banks REUBEN G. CLARK, President. Date of Charter: 3-4-1869 THOMAS J. CHRISTIAN, Cashier. Began Business: 7-1-1869 ASSETS Cub, balances with other banks, in- cludi"' reserve balances, and cub items 1n process of collection...... I 9, 550, 863. 64 United States Government obliga tiona, direct and guaranteed . . . . . . 13,427 ,629 . 15 Obli&a~i~~ of States and political aubdiV18tona . . . . . . . . . . . . . . . . . . . . 2, 209 , 392. 41 Other bonds, notes, and debentures.. 196,109.06 Corporate atocka (including stock of Federal Reserve Bank)... . . . . . . . . 120,001.00 Loans and discounts (including over- drafts)......................... 25,390,298.57 Bank premises owned, furniture and fixtures. . . . . . . . . . . . . . . . . . . . . . . . . 838,943 . 16 Real estate owned other than bank premises........................ None Investments and other 1188eta indi- :"!~e~r:.."/':~~- ~- ~r~~~~ None Customers' liability to this bank on acceptances outstanding.......... 750.00 Other Aaaeta...................... 516,332.98 Total Aaaeta .................. I 52,250,319.97 LIABILITIES Demand deposita..................I 21,776,692.84 Time depostta..................... 16,798,781.71 Deposita of U. S. Government. . . . . . 1,213,461.15 D':WvT!l~n~f- ~~~~- ~~~- ~l~t!~~~ ~~~ 2,794,893.47 Deposita of banks. . . . . . . . . . . . . . . . . 3,762,189.68 Other deposita (certified and officers' checks, etc.) ................... . Billa payable..................... . 283,899.57 None Acceptances executed by or for ac- count of this bank and outstand- ing........................... . 750.00 ::: ::::.: :: :::: :: :: :::: ::: Other liabilities................... . 812,986.40 ~:r;f:!. 1,500,000.00 2,500,000.00 Undivided profits................. . Reserves ........................ . 716,633.69 90,031.46 Total Liabilities.............. $ 52,250,319.97 STATEMENT Showing condition at the close of business December 31, 1961, of FARMERS AND MERCHAN118 BANK OF SENOIA Senoia, Ga. As called for by the Superintendent of Banks R. W. FREEMAN, President. Date of Charter: 3-2-1874 HATTIE S. WHATLEY, Cashier. Began Business: 1889 ASSETS Cub, balances with other banks, in- cluding reserve balances, and cub items in process of collection...... $ United States Government obligations, direct and guaranteed ..... . Obliga_~i~n~ of States and political subdtvtatona . .................. . Other bonds, notea, 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 1188eta indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptancea outstanding......... . Other Aaaeta..................... . 153,396.66 631,708.59 5,600.00 None None 371,040.42 27,829.58 None None ~one 792.00 Tota!Aaaeta .................. $ 1,190,367.25 LIABILITIES Demand deposita................. I Time depoatta.................... . Deposita of U. B. Government . . . . . . De~i! of States and political aub- divistona ...................... . Deposita of bank& ................ . Other deposita (certified and officers' checks, ete.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities.................. . ~:;:~!:::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 477,228.55 549,455.69 808.00 63,623.20 None 3,557.57 None None None 30,000.00 55,000.00 10,694.24 None Total Liabilities............ $ 1,190,367.25 FORTY-SECOND ANNUAL REPORT 125 STATEMENT Showing condition at the close of business December 31, 1961, 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 proceas of collection ...... 1 United States Government obligations, direct and guaranteed ..... . Obligat_io.n~ of States and political 8UbdJVISIOD8 . .................. . 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 rf"prcscnting bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding. ........ . Other Aasets.................... . Total Assets . . . . . .... I 89,262.07 242,000.00 None None None 64,445.35 301.00 None None None None 396,008.42 LIABILITIES Demand deposita..................I Time depoatta .................... . Deposits of U.S. Government ..... . DTv'~l~n~f. ~~~e. ~~. ~~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 ........................ . 67,180.77 63,357.84 None 232,273.72 None 85.50 None None None 15,000.00 17,000.00 I ,110.59 None Total Liabilities.... .... I 396,008.42 STATEMENT Showing condition at the close of business December 31, 1961, 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- cludinjl reserve balances, and eash items tn proceas of collection ...... I 236,710.10 United States Government obliga- tions, direct and guaranteed ..... . 665,125.00 o~~f!N~~Ton~f. -~t~~~~. ~~~. -~l.i~i~~ 5,000.00 Other bonds, notes, and debenturPa.. 225,781.25 Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts (including over- drafts) ........................ . 583,452.06 Bank premises owned, furniture and fixtures ........................ . 8,496.69 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 Aaseta..................... . 966.80 Total Assets ................. I l. 725,531.90 LIABILITIES I Demand deposita................ . Time depostts.................... . Deposita of U. S. Government ..... . DeJ!O~i!s of States and political sub- divtslons ...................... . DPposits of hanks ................ . Other deposits (certified and officers' rheeks, ~tc.) ................... . Billa payable..................... . Acceptances pxecuted by or for 1\'C- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits ................. . Reserves ...... ................. . 1,243,364.67 140,420.97 27,306.66 131,253.86 None 4,259.71 None None 6,000.00 50,000.00 75,000.00 47,926.03 None Total Liabilities.............. I 1.725,531.90 126 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, 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 Cub, balances with other banks, in- cludinll reaerve balances, and euh items 1n process of collection ...... $ United States Government obligations, direct and guaranteed ..... . 0~~~\~Ton~f..~~~. ~~..~~i~~~ Other bonds, notes, and debentures.. CO!JII?rate stocks (including 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 &BSete indi- ~~!~1.e~":'::l'::~:. ~~~~. ~r~~~~ Customers' liability to this bank on acceptances outstanding......... . Other ABSets..................... . 715,544.39 1,490,566.08 620,518.19 294,937.50 None 2,099,476.75 72,370.13 8,558.94 None None 8,471.34 Total ABSets . . . . . . . . . . . . . . . . . . $ 5,310,443.32 LIABILITIES Demand deposits ................. S Time depOSitS .................... . Deposita of U. S. Government ..... . D1i~l~n~f. ~~~-:e. ~~~. ~.o~~t~~~l. ~~~ Deposits of banks................ . Other deposits (certified and officers' checks, ~tc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ . 2,835,694.27 1,714,493.49 57,736.67 277,272.94 None 5,745.02 None None 55,916.81 200,000.00 100,000.00 63,584.12 None Total Liabilities.............. S 5,310,443.32 STATEMENT Showing condition at the close of business December 31, 1961, of SOCIAL CIRCLE BANK Social Circle, Ga. As ca&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 Cub, balances with other banks, in- cludinf! reserve balances, and cash items 1n proceBS of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~io~~ of States and political SUbdiVJSIOnS . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentureo.. 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 premieea....................... . Investments and othr 11118ete indirectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other ABSets..................... . 205,480.92 502,471.50 3,000.00 None None 790,613.78 25,400.27 None None None None Total ABSete ................ S 1,526,966.47 LIABILITIES Demand deJ>osits ................. .S Time depos1ts.................... . Deposits of U. S. Government ..... . D~i!s of States and political sub- divistona ...................... . Deposits of banks ................ . Other deposits (certified and officers' cheke. etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~:~}~!:::::::::::::::::::::::::: Undivided profits................. . Reser\o'"8 ........................ . 726,699.79 372,250.67 37,161.16 228,305.33 None 3,615.37 None None 9,713.04 50,000.00 50,000.00 49,221.11 None Total Liabilities.............. S 1,526,966.47 FORTY-SECOND ANNUAL REPORT 127 STATEMENT Showing condition at the close of business December 31, 1961, 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 other banks, in- cluding reserve balances, and cash it<>ms in process of collection ......S UnitOO StatOSits.................. $ Time deposits.................... . Deposits of U. S. Government . . . . . . DeP.~i!s of States and politieal sub- divtstona ...................... . Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . ::: :::: ::: ::: :::::::: :: :: Other liabilities.................. . ~:r~r:!. Undivided profits ................. . Reserves ........................ . 3,105,900.85 904,973.41 145,594.62 502,240.86 69,921.63 43,936.25 None None 29,550.37 200,000.00 200,000.00 66,740.74 20,000.00 Total Liabilities.............. $ 5,288,858. 73 STATEMENT Showing condition at the close of business December 31, 1961, 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- cludin~ reserve balances, and cash items 1n process of collection...... $ United Statea Government obligations, direct and guaranteed ..... . Obliga~io."'! of Statea and political 8UbdiVlSlOD8 . ............. Othrr 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..................... . 1,887,163.92 987,675.82 188,836.48 None None 3,242,580.51 39,653.64 None 15,000.00 None None Total Aaaets .................. $ 6,360,910.37 LIABILITIES Demand deposits................. $ Time depOSits .................... . Deposits of U.S. Government ..... . DeP."'!i~ of Statea and political sub- divlBtona ...................... . Deposits of banks ................ Other deposits (certified and officers' checks, etc,) ................... . Bills payable.................... Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ . 4,040,588.83 1 ,021,878.28 41,248.84 517,131.33 65,615.79 59,761.03 None None None 12.~.000.00 300,000.00 124,457.49 65,228.78 Total Liabilities...............$ 6,360.910.37 ~13~0~---------------=D=E~P=A=R~T=M=E=NT OF~B=A=N~KI==N~G~----------------- STATEMENT Showing condition at the close of business December 31, 1961, 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 Cash, balances with other banko, in- cluding reoerve balances, and caoh itemo in proceaa of collection...... S United States Government obligatiolltl, direct and guaranteed . . . . . . 0~~'f!J\~l!Ton0:. -~~~~. ~~~- .~~i~~ Other bondo, notes, and debentures .. Corporate atocko (including stock of Federal Reserve Bank) .......... . Lo&Dtl and discounts (including over- drafts) ........................ . Bank premises owned, furniture and fixtures........................ . Real estate owned other than bank premiaea....................... . Investments and other assets indi- rectly repreoenting bank premiaea or other real estate ............. . Cuotomera' liability to this bank on acceptances outstanding. . . . . . . . . . Other Aaaeta...................... 330,163.44 557,672.77 None 175,298.99 None 898,083.16 4,506.05 None None None 10,058.18 Total Aaaeta .................. S 1,975,782.59 LIABILITIES Demand deposita.................S Time depos1ta .................... . Deposita of U.S. Government ..... . D':lfv'l!f!n~~ ~~~~~. ~~~- ~!~t.i~~- ~~~ Deposita of banks . . . . . . . . . . . . . . . . . Other deposita (certified and officers' checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . :::::: :::: :: :: ::::::: :: :: Other liabilities.................. . ~::;:f:!. Undivided profits................. . Reoervea ........................ . 1,117,110.37 527,860.52 15,013.28 85,574.15 15,000.00 12,223.38 None None 46,788.19 100,000.00 20,000.00 34,987.09 1,225.61 Total Liabilities...............$ 1,975,782.59 STATEMENT Showing condition at the close of business December 31, 1961, of FARMERS & MERCHANTS BANK Summerville, Ga. As called for by the Superintendent of Banks D. L. McWHORTER, President. Date of Charter: 2-5-1926 JAMES F. KING, Cashier. Began Business: 2-6-1926 ASSETS Cash, balances with other banks, in- cluding reserve balanCI'II, and caoh items in proceBB of collection. . . . . . S United States Government obligatiolltl, direct and guaranteed . . . . . . Obliga~io_n~ of States and political aubdlV18lODtl. . .. . . . .. .. .. Other bondo, notes, and debentures.. Corporate stocks (including stock of Federal R"""rve BMk). . . . . . . . . . . Loans and discounts (including over- drafts) . . . . . .. . . . . . . . . . . . . . . . . . . Bank premieea owned, furniture and fixtures......................... Real estate owned other than bank premiaea........................ Investments and other &BBeta indi- rectly representing bank premiaea or other real estate . . . . . . . . . . . . . . Cuotomera' liability to this bank on acceptances outstanding. . . . . . . . . . Other Aaaeta.. .. . . . . . . . . . . . . . . . . . . TotaiAaaeta.................. s 1, 383, 539 .0!1 2, 492 , 376 .55 760,287. 52 149,750.00 None 2,228,800. 97 45,000.00 13,250.00 None None 164.59 7,073,258.72 LIABILITIES Demand deposita..................S Time depoata.................... . Deposita of U.S. Government ..... . D'Jl~~f!~f. ~~~~- ~~ ~-~~~~1. ~~~ Dejl08its of banks ................ . Other deposita (certified and officers' checka, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of thia bank and outstanding............................ . ::::::::::::::::::::::::: Other liabilities.................. . ~::;:r:!. Undivided profits................. . Reoervea ........................ . 3,620,688.09 1,412,632.26 415,664.60 929,774.39 None 11,966.23 None None 4,008.00 200,000.00 350,000.00 25,000.00 103,525.15 Total Liabilities...............S 7 ,073,258. 72 FORTY-SECOND ANNUAL REPORT ------------------------------~--- 131 STATEMENT Showing condition at the close of business December 31, 1961, of THE CENTRAL BANK Swainsboro, Ga. As called for by the Superintendent of Banks I. W. ROUNTREE, 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 ...... $ United States Uovernment obligations, direct and guaranteed...... Obliga~io.n~ of States and political subdiVISions.................... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including overdrafts)......................... Bank premises o.,.ned, furniture and fixtures......................... Real estate owned other than bank premises........................ Investments and other assets indirectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to tltis bank on acceptances outstanding... . . . . . . . Other Assets...................... 588,863.38 918,123.33 56,556.12 30,367.51 None 1,550,862.66 69,807.73 None None None None Total Assets..................$ 3,214,580.73 LIABILITIES Demand deposits.................. $ Time deposits.................... . Deposits of U. S. Government ..... . Dep~sits of States and political sub divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... . A('ceptances executed by or for ac- c<>unt of this bank and outstanding ........................... . Otlllr liabilities .................. . Capital. ......................... . Surplus ......................... . Un
  • ts.................... . Deposita of U.S. Government..... . D':lfvT!1!n~f. ~~~~':". ~~~- ~-~~~~- ~~~ 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 ................. , . ~api::!. ::: :: :: ::: :: :: : ::: :: :: : : : u'::.Yivided profits................. . Reserves........................ . 589,547.87 1,668,497.33 31,700.30 160,833.53 None 5,239.30 None None None 50,000.00 130,000.00 28,396.84 None Total Liabilities.............. $ 2,664,215.17 FORTY-SECOND ~NNU~L REPORT 145 STATEMENT Showing condition at the elose of business December 31, 1961, of FIRST STATE BANK Valdosta, Ga. As called for by the Superintendent of Banks REA STEELE, President. Date of Charter: 1-22-1906 MELVIN PLAIR, Cashier. Began Business: 3-1906 ASSETS Cash, balances with other banks, in- cludinf!: reserve balances, and cash items 10 process of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~i~~ of States and political aubdiV18tona ............ 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 aaaeta indi- :"!~\e~er::r:~:~~:. ~~~- -~r~~~~ Customers' liability to this bank on aciceptancea outstanding......... . Other .Aaaeta..................... . 1, 840.692.05 829,404.88 298,179.88 359,783.75 None 1,694,989.13 64,702.54 None None None None Total Aaaeta .................. S 5,087,752.23 LIABILITIES Demand deposita.................. S Time deposita.................... . Deposita of U.S. Government..... . De~i!a of States and political aub- rliviaaone ...................... Deposita of banks................ . Other deposita (certified and ollicera' checks, ete.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding........................... . Other liabilities.................. . Capital. ......................... . Surplus......................... . Undivided profits................. . Reserves........................ . 2,567,058.62 950,075.85 145,732.15 1,006, 736.97 44,925.03 33,613.50 None None 12,000.00 150,000.00 150,000.00 27,610.00 None Total Liabilities..............s 5 ,087,752 .23 STATEMENT Showing condition at the elose of business December 31, 1961, of DARBY BANKING COMPANY Vidalia, Ga. As called for by the Superintendent of Banks J. F. DARBY, JR., President. Date of Charter: 6-22-1934 D. L. GORDON, JR. Cashier. Began Business: 7-1-1934 ASSETS Cash, balances with other banks, in- cludinf!: reserve balances, and cash items 10 proceae of collection...... S United States Government obligations, direct and guaranteed ..... . Obliga~i~n~ of States and political BUboits of banks . . . . . . . . . . . . . . . . . Other deposits (certified and officers' checks, etc.) ................... . Bills paya hie: .................... . Acceptances executed by or for ac- count of this bank and outatanding ........................... . Other liabilities .................. . Capital. .................. . Surplus .................. . Untlivioled profits ......... . lt<'servcs ........................ . 718,952.18 590,750.90 32,210.77 111,406.88 None 94,052.84 None None 18,717.93 50,000.00 30,000.00 59,860.19 None Total Liabilities.............. 1 1,705,951.69 148 DEPARTMENT OF BANKI=N.:.:G::__ _ _ _ _ _ _ __ STATEMENT Showing condition at the close of business December 31, 1961, of THE BANK OF WARNER ROBIN~ Warner Robins, Ga. As called for by the Superintendent of Banks CHARLES L. WILLIAMS, SR., President. Date of Charter: 4-25-1956 H. LEE MILLER, Cashier. Began Business: 1-4-1957 ASSETS Cash, balanc~s with other banks, in- cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed. . . . . . Ohligat.i~n~ of States and political SUbdiVISIOns.................... Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank).. . . . . . . . . . Loans and discounts (including over- drafts)......................... B11.nk premises owned, furniture and nxtures......................... Real estate owned other than bank premises........................ Investments and other BSSt>ts indi- rectly representing bank premises or other real estate. . . . . . . . . . . . . . Customers' liability to this bank on aeceptanres outstanding.. . . . . . . . . Other Assets. . . . . . . . . . . . . . . . . . . . . . 739,557.35 1,723 ,507. 09 75,743.19 None None 1,410,373.08 43,742.31 None None None None Total Assets.................. S 3,992,923.02 LIABILITIES Demand deposits.................. $ Time depos1ts.................... . Deposits of U.S. Government ..... . Deposits of States and political sub- divisions ...................... . Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable..................... .. Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Sur!>lus ......................... . Undivided profits................. . Reserves ........................ . 1, 998,930.38 675. 7ff1. 77 20,389.78 940.680.57 None 117.00 None None 74,835.29 133,400.00 25,000.00 123,782.23 None Total Liabilities............. S 3,992,923.02 STATEMENT Showing condition at the dose of business December 31, 1961, of CITIZENS STATE BANK Warner Robins, Ga. As called for by the Superintendent of Banks H. P. FLEMING, President. Date of Charter: 12-13-1950 J. W. CREAMER, Cashier. Began Business: 1-2-1951 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of collection ...... S United States Government obligations, direct and guaranteed ..... . Obliga~io.n~ of States and political SUbdlVlSlODS ................... Other bonds, notes, and debentures .. Corporate stocks (inclutling stock of Feta.ncrs outstanding ......... . Other As.ets ..................... . 1 ,121,469.66 522,330.74 460,811.03 380,000.00 None 2,556,251.22 57,017.31 None None None 8,079.30 Total Assets .................. S 5,105,959.26 LIABILITIES Demand deposits.................. S Time depos1ts .................... . Deposits of lJ. S. Government ..... . D'Jl~i~~~n~f St~tes_ a~~- polili~ai ~~~~ DeposiIs uf hanks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable ..................... . Acceptanrcs c"Cccuted by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surl>lus ......................... . Undivided profits................. . Rf'scrves ........................ . 2,615,179.42 1,274,688.83 48,586.53 563,727.37 None 1,094.34 None None 244,623.29 100,000.00 100,000.00 158,059.48 None Total Liabilities. . . . . . . . . . . . . . S 5, 105,959. 26 -----------------F-O-R-T-Y---SE-C-O--N-D-A--N-N-U-A-L--R-E-P-O-R-T---------------149 STATEMENT Showing condition at the close of business December 31, 1961, of CITIZENS BANK Warrenton, Ga. As called for by the Superintendent of Banks DENHAM CASON, President. Date of Charter: 4-14-1902 G. C. GARRETT, Cashier. Began Business: 4-1902 ASSETS Cash, balancee with other banks, in- clu~ reserve balancee, and caeh itema 1n proceaa of collection ...... I United States Government obligations, direct and IIWU"anteed ..... . Obliga~i~ of States and political aubdiVlBtona . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Coroorate stocks (including atock of F"ederal Reserve Bank) . . . . . . . . . . . Loans and discounts (including overdrafts) ........................ . Bank premiaea owned, furniture and fixtures........................ . Real estate owned other than bank premiaea....................... . Investments and other asaeta indi- :"~~errefea"f.!:!':. ~- ~~~ Customers' liability to thia bank on acceptancee outstanding......... . Other Aaaeta..................... . 387,503.15 861,730.78 390,840.36 3,900.00 None 1,470,044. 90 32,531.34 None None None None Total Aaaeta .................. 1 3,146,550.53 LIABILITIES Demand deJIOIIita.................I Time depoetta.................... . Depoeita of U.S. Govemment..... . De~i~s ofStatca and political aub- divietona ...................... . Deposita of banka................ . Other deposita (certified and officers' checks, etc.) .................. .. Billa payable ..................... . Acceptancee ezeeuted by or for ac- count of thia bank and outstanding........................... . Other liabilities.................. . ~;f:!.::::: :::::::::::::::::::: Undivided profits................. . Reaervea . . . . . . . . . . . . . . . . . . . . . . . . 1,215,770.55 1,060,809.42 26,401.02 449,720.97 10,000.00 6,087.60 None None 2,716.87 100,000.00 100,000.00 155,462.81 19,581.29 Total Liabilities.............. I 3,146,550.53 STATEMENT Showing condition at the close of business December 31, 1961, 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, balancee with other banka, inclu~ reserve balancee, and caah itema tn proceaa of collection. . . . . . I 401,315.67 United States Govemment obliga- .. . tions, direct and guaranteed ..... . m:,~~~0:.f ~~.~. ~~~- ~~i~~":":' 687,555.24 10,387.33 Other bonds, notes, and debentures.. 50,000.00 Corporate atocka (including atock of Federal Reserve Bank) .......... . Loans and diacounta (including over- draft&) ........................ . Non" 790,044.79 Bank premiaea owned, furniture and fiztures....................... .. 46,054.57 Real estate owned other than bank premises....................... None Investments and other asaeta indi- rectly representing bank premiaea or other real estate............. . None Customers' liability to thia bank on acceptaDcee outstanding......... None Other Aaaeta ...................... _ _ _1_,53_1._7_2 Total Aaaeta. . . . . . . . . . . . . . . . . I 1,986, 889. 32 LIABILITIES Demand deJIOIIita..................I Time depoetta.................... . Depoeita of U.S. Govemment ..... . De~i! of States and political aub- divisaons ...................... . Depoeita of banks ................ . Other depoeita (certified and officers' cheeks, etc.) ................... . Billa payable..................... Acceptances executed by or for ac- count of thia bank and outstanding........................... . Other liabilities.................. . Capital......................... .. Surplua ......................... Undivided profits................. . Reaervea ....................... .. 601,845.94 1,110,327.62 7,071.20 69,206.97 7,615.78 6,626.97 None None 5,475.16 100,000.00 30,500.00 41,719.68 6,500.00 Total Liabilities...............I 1,986,889.32 150 DEPARTMENT OF BANKING STATEMENT Showing eondition at the dose of business December 31, 1961, of WASHINGTON LOAN AND BANKING COMPANY Washington, Ga. As ealled for by the Superintendent of Banks F. W. THOMAS, President. Date of Charter: 9-7-1891 HAL P. SHANK, Cashier. Began Business: 5-1-1895 ASSETS Cash, balances with other banks, in- cludi~ reserve balances, and cash items m proceBS of collection...... $ United States Government obligations, direct and guaranteed ..... . Ob)iga~io_D!I of States and political aulK:livlSIOna . . . . . . . . . . . . . . . . . . . . Other bonds, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overdrafts) ........................ . Bank premises owned, furniture and mtures........................ . 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 Aesets..................... . 1,123,216.22 1,747,750.27 371,572.15 None None 2,968,462.98 60,000.00 None None None None Total Aesets ..................$ 6,271,001.62 LIABILITIES Demand deJlosits..................$ Time depoe1ts................... Deposits of U.S. Government ..... . DeJIOI!i!s of States and political sub- divisions ...................... . 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.................. . ?pi~:::::::::::::::::::::::::: u':.Rvided profits................. . Reserves ........................ 2,531 ,227.67 2,107 ,802. 75 157,997.35 780,471.89 106,373.66 17,787.60 None None 49,282.17 145,000.00 235,000.00 140,058.53 None Total Liabilities.............. $ 6,271,001.62 STATEMENT Showing condition at the close of business December 31, 1961, 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 Cash, balances with other banks, in- cluding reserve balances, and cash items in proceBS of collection ......$ United States Government obligations, direct and guaranteed . .... . Ohligat_io.n~ of States and political subdtvtstona . .................. . Other bonds, notes, and debentur~a.. 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 indirertlv representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding....... . Other Aaaets.......... . Total A88ets ................. $ 389,237.82 291,675.27 37,839.66 None None 400,256.87 5,181 .57 None ~one None 1,083.22 1,125,274.41 LIABILITIES Demand deposits..................$ Time depos1ts.................... . Deposits of U. S. Government . . . . . . D~!!~n~f ~~~tea_ a~~- ~o.I~t.ic~l. ~u~ Deposits of banka ................ . Other deposits (certified and officers' rhecks, etc.) ................... . Bills payable. . . . . . . . . . . . . . . . . . . . . Arceptances executed by or for ac- count of this bank and outstandiAg ................... . ... Other liabilities .................. . Capital. ......................... . !'turplus ......................... . Undivided profits................. . Reserves... . .................. . 611,487.64 296,926.23 9,391.97 87,130.75 None 115.75 None None 103,86 75,000.00 15,000.00 20,118.21 10,000.00 Total Liabilitica.............. $ 1,125,274.41 FORTY-SECOND ANNUAL REPORT 151 STATEMENT Showing condition at the elose of business December 31, 1961, of COMMERCIAL BANK Waycross, Ga. As ealled for by the Superintendent of Banks J. M. NORMAN, President. Date of (]Barter: 10-15-1918 P. E. PENN, Cashier. Began Business: 10-30-1918 ASSETS Cash, balances with other banks, in- cludinp: reserve balances, and caah items m proeeaa of collection. . . . . $ 2,205,329.61 United States Government oblip- tiona, direct and guaranteed ..... . 3,365,767.29 o~~?::on~f. -~t~~. ~~- .~~i~~~~ 294,563.26 Other honda, notes, and debentures.. 46,000.00 Corporate atocka (including stock of Federal Reserve Bank) .......... . Loana and diacounta (including over- None drafts) ........................ . 1,228,407.97 Bank premises owned, furniture and fi"turea........................ . 31,574.84 Real estate owned other than bank premises................ . None Inveatmenta and other aaaeta indi- ~t\e~e:_r.,:~~- ~- -~r~~i-~ None Customers' liability to this bank on acceptances outstanding......... None - - - - - Other Aaaeta........ , ........... None Total.Aaaeta................... 7,171,642.97 LIABILITIES Demand deposita ...............$ Time deposita.................... . Deposita of U. S. Government ..... De~!& of States and political aub- divietona ...................... . Dej)OIIita of banks . . . . . . . . . . . . . . . . . Other deposita (certified and officers' checks, etc.) .................. .. Billa payable..................... . Acceptances e"ecuted by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital......................... .. Surplus......................... . Undivided profits................. . Reserves ........................ 4,245,080.17 1,401,375.43 164,851.58 467,549.82 50,000.00 53,234.67 None None 97,813.83 100,000.00 200,000.00 125,190.79 266,546.68 Total Liabilities...............$ 7,171,642. 97 STATEMENT Showing condition at the elose of business December 31, 1961, of SOUTHERN BANK Waycross, Ga. As ealled for by the Superintendent of Banks RALPH HERRIN, President. Date of Charter: 5-22-1956 JOE B. TAYLOR, Cashier. Began Business: 6-11-1956 ASSETS Cash, balances wit\! other banks, in- cluding reserve balances, and cash items in process of collection ...... $ United States Government obligation&, direct and guaranteed ..... . Obljga~io,11~ of States and political 8UbdlV1810DB . ............... Other bonds, notes, and debentures.. Corporat.e stocks (including stock of Federal Reserve Bank) .......... . Loana and discounts (including over- drafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premises....................... . Investments and other assets indi- rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding. . . . . . . . . . Other Assets.. . . . . . . . . . . . . . . . . . . . 908,984.82 1,516,987.04 205,228.47 None None 1,362,009. 94 36,584.30 None ~one None 5 ,399. 75 Total Assets .................. $ 4,035,194. 32 LIABILITIES Demand deposita ..................$ Time depos1ts.................... . Deposits of U. S. Government . . . . . . D'Jl~!!~n~f S~~~es. ~~-d. ~-~l~t~~~- ~~~ Deposits of banks ................ . Otlil'r deposits (certified and officers' checks, etc.) .................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undivided profits................. . Reserves ........................ . 1,865,549.25 1,291,138.32 103,261.97 242,340.23 35,245.64 11,130.77 None None 9(),106.19 175,000.00 75,000.00 23,268.09 123,153.86 Total Liabilities...............$ 4,035,194.32 152 DEPARTMENT OF BANKING STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF WAYNESBORO Wa711esboro, Ga. As called for by the Superintendent of Banks M. K. TUCKER, President. Date of Charter: 12-16-1890 J. W. NICHOLS, Cashier. Began Business: 1891 ASSETS Caah, balances with other banks, in- cludinjl reserve balances, and cash items 1n process of collection...... S United States Government obligations, direct and guaranteed . . . . . . 0~!t:N~T01~:..~~~. ~~..~~~~c_a_t Other bonds, notes, and debentures.. CoJ]IOrate stocks (including stock of Federal Reserve Bank)........... Loans and discounts (including over- drafts) ... . . . . . . . . . . . . . . . . . . . . . . Bank premises owned, furniture and futnta .................... . Depceita of U.S. Government ..... . De~i~ of States and political sub- divi&Jooa ...................... . Depceits of banks ................ . Other depceits (certified and officers' checks, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities.................. . ~:f;.t:!:::::::::::::::::::::::::: Undivided profits................. . Reserves........................ . 226,019.26 86,779.75 None 66,300.00 None 3,564.33 None None None 30,000.00 6,000.00 8,051.31 None Total Liabilities...............s 426,714.65 FORTY-SECOND ANNUAL REPORT 153 STATEMENT Showing condition at the elose of business December 31, 1961, 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- eluding reserve balances, and cash items in process of collection...... S United States Government obligations, direct and guaranteed ..... . O~~t".J\~i~fon~f. -~t~-~. a~~ .~~~i~~-~1 Other bonds, notes. and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and oiscounts (including over- drafts) ........................ . Bank premises owned, furniture and fixtures ........................ . Real estate owned other than bank premist's....................... . Investments and other 1\SSets indi- ~~e~r.~e~er::f:::~~:. ~~n~..preni.~ 1,840,470. 92 1,037,850.80 381,151.60 149,000.00 None 1,302,254.36 62,962.37 None None Customers' liability to this bank on None acceptances outstanding......... . Other Assets ...................... ___1_4_,_7_88_._66_ Total Asseta .................. S 4,788,478.71 LIABILITIES Demand deposita.................. $ Time depostts.................... . Deposits of U.S. Government ..... . DeP."'!i~s of States and political sub- divtstona ...................... . Deposits of banks ................ . Other deposits (certified and officers' cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outatanding ........................... . Other liabilities .................. . Capital. ......................... . Surplus ......................... . Undividecl profita................. . Reserves ........................ . 3,334,702.69 875,146.33 53,785.38 198,613.34 None 2,687.68 None None 59,321.26 100,000.00 100,000.00 64,222.03 None Total Liabilities.............. $ 4,788,478.71 STATEMENT Showing condition at the close of business December 31, 1961, of THE PEOPLES BANK WiDder, GL As CaDed for by the Superintendent of Banb C. 0. HADDOX, JR., President. Date of' Charter: 10-29-1926 J. B. LANGFORD, Cashier. Began Business: 10-30-1926 A88ET8 Cub, balan... with other banb. in- cllllliDJ raerve balan- ...d cuh itema ID - of eollecUoa..... $ at~~~~~~~ UDited Statee Gcmlrnmeut oblip- Other bonds, DOtee. lllld debeut-.. Coruorate atocb (iDcludiug stock of l'"ederal Reeerve Baak)........... I-... ...d diaeouuta (iDcludiug over- draft&) . . . . . . . . . . . . . . . . . . . Baak premiea OWDed, furDiture ...d ~......................... BepUr eatate OWDed other ....... emiaa................... .b.e.D..k Iaveetmeuta aod other _... indi- ~"'== ~- ~ Cuatomen' liability to tbia beDk 011 accept&ueee outataudiua.......... Other .A.eta...................... 657 988.61 2 ,029 ,381. 88 208,127.52 None None l, 115 '508. 34 35,050.00 42,001.00 ~one ~one None Totai.A.eta............. S 4,088,057.35 s LIABILITIES DemaDd depoeita................. TimedepoBlte.................... Depoaita of U. 8. Govemmeat..... . Depoai~ of Statee aod political eub- divialona ...................... . ~~~ iU.d om;,e,:.; BJ~"f::~:::::::::::::::::::: Aeceptaneee ezeeuted by or for ac- mCOcU.D.t.o..f .t.b.i.a..b.ii.D.k..a.n.d..o.o.t.a.t.a.n.d.- Other liabilities .................. . ~::!::::::: ::::::::::::::::::: Undivided profita................. . Reeervee........................ . 2,548,469.83 909,492.78 66,437.61 151 '191.42 None 18,762.26 None None 67,887.36 100,000.00 150,000.00 25,000.00 50,816.09 Total Liabilities............ S 4,088,057.35 154 DEPARTMENT OF BAN-K-I-N-G------------------------ STATEMENT Showing condition at the close of business December 31, 1961, of THE CAMDEN COUNTY STATE BANK Woodbine. Ga. As Called for by the Superintendent of Bank! J. C. NEWTON, President. Date of Charter: 6-24-1947 E. F. PARKER, Cashier. Began Business: 1-2-1948 A88ET8 Ceah, balaneea with other bomb, in- cllldinJ reaerve balaneea, and cash items m pl'OCellll of collectioo......$ 404,277.71 United Statea Government obliga.ti-. direct and guaranteed ..... . 517,206.25 ~=..:. -~~~- ~~- -~i~~ 9,705.20 Other booda, notea, and debeatures.. None Corporate atocb (including stock of Federal Reserve Bank).......... None Loans and discount& (including overdraft&) ........................ . 399,394.87 Bank premiaea owned, furniture and fi:Rurea........................ . 4,700.00 Real estate owned other than bauk premiaea....................... . None Investment& and other -ts indi- rectly representing bauk premises or other real estate............. . None Customers' liability to this bauk oo aeceptaneea outstanding......... . None - - - - - - Other AMeta.................... .. None Total AMeta..................$ 1,335,284.03 LIABILITIES Demand deposita..................$ Time depoa1ts.................... . Deposita of U.S. Government..... . Depoai!s of Statea and political sub- divialCJIIa .................. ~.r...:.~certified ~ ;.m;,m. checks, etc.) ................... . Bills payable.................... .. Acceptances ""ecuted by or for ac- count of this bauk and outstanding ........................... . Other liabilities.................. . Capital......................... .. Surplus......................... . Undivided prolita................. . Reserves........................ . 351,727.70 589,534.44 1,465.00 268,111.79 None 1,826.56 None None 4,418.54 50,000.00 50,000.00 18,200.00 None Total Liabilities........... - .. -$ 1,335,284.03 STATEMENT Showing condition at the close of business December 31, 1961, of THE WOODBURY BANKING COMPANY Woodbury, Ga. As Called for by the Superintendent of Banks T. B. CARROLL, President. Date of Charter: 9-29-1902 M. 0. CAMPBELL, Cashier. Began Business: 9-29-1902 ASSETS Caeh, balances with other banks, in- cludinll reeerve balances, and cash itema m proceSB of collection. _.... $ United States Government obligetiona, direct and guaranteed ..... . Obliga~io~ of States and political 8Ubd1Vl8JOD8 , , Other bonde, notes, and debentures.. Corporate etocka (including stock of Federal Reeerve Bank) .......... . Loane and diecounta (including over- drafts) ..... --.- ............... . Bank premises owned, furniture and fixtures ............ _........... . Real estate owned other than bank premises...... - .......... -..... . Inveetmenta and other 888els indi- :"!~e!."~::r!~~~- ~~- ~~~i~ Customers' liability to this bank on acceptances outstanding..... - . -.. Other Assets..................... . 164,949.33 535,443.53 None 469,489.46 None 545,982.57 1,600.00 None None None None TotalABSeta .................. $ 1,717,464.89 LIABILITIES Demand deposita..................$ Time deposita.................... . Deposita of U. S. Government ..... . DeJ!O!Ii~s of Statea and political sub- diviaaona ..................... Deposita of banks................ . Other deposits (certified and officers' cheeks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bauk and outstanding........................... . Other liabilities.................. . Capital. ......................... Surplue ......................... . Undivided profits................. . Reserves ........................ 751,640.59 634,763.22 4,270.07 95,016.83 None 3,106.55 None None 2,500.00 50,000.00 50,000.00 110,739.63 15,428.00 Total Liabilities.............. -1 1,717,464.89 FORTY-SECOND ANNUAL REPORT 155 STATEMENT Showing condition at the close of business December 31, 1961, of THE WOODLAND BANK Woodland. Ga. As called for by the Superintendent of Banks J. H. WOODALL, SR. President. Date of Charter: 11-18-1907 C. E. MILLER, Cashier. Began Business: 11-25-1907 ASSETS C..h, balances with other banks, in- cludiliJ reserve balan~es, and cash items 1n process of collection ...... S United States Government obligations, direct and guaranteed ..... . 0~~\~~:on":. -~~t~s. ~~~- .~~i~~~_J Other bonds, notes, and debentur~s .. Corporate st~ks {in~luding stock of Federal RPaerve Bank) .......... . Loans and discounts {including over- drafts) ........................ . Bank premiaea owned, furniture and fixtures........................ . Real estate owned other than bank pretnises....................... . Investments and othrr assets indi- rectly representing bank premises or other rpal estate ............. . Customrra' liability to this bank on acceptances outstanding........ . Other Assets.................... . Total Aascts .................. S 158,750.02 235,851.50 4,000.00 None None 54,592.02 80.00 None None None None 453,273.54 LIABILITIES Demand deposita.................. S Time deposita.................... . Deposits of U.S. Government..... . D':fl~!!~~f. ~~t':". ~~ .~..~t.i~~- ~~~ Deposita of banks ................ . Other deposita {certified and officers' checks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~:r;~!.::::::::::::::::::::::::: Undivided profits................. . Rl'serves ........................ . 323,515.22 1,011.71 10,780.72 46.586.52 None 716.77 None None None 25,000.00 25,000.00 20.662.60 None Total Liabilities............... S 453,273.54 STATEMENT Showing condition at the close of business December 31, 1961, of BANK OF WOODSTOCK Woodstock, Ga. As called 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 with other banks, in- cluding reserve balances, and cash items in process of collection ...... S United States Government obliga- tions, direct and guaranteed ..... . Obligations of States and political subdivisions ......... . Other bonds, notes. and debentures .. Corporate stocks (including stock of Federal Reserve Bank). . . . . . . .. Loans and discounts (including over drafts)... . . . . . . . . . . . . . ... Bank premises owned, furniture and fixtures.... . . . . . . . . ........ . Real estate owned other than bank premises... . . . . . . . . . . . ... Investments and other assets indi- rectly rt'prf'senting bank premisPB or other rE-al estate . . . Customers' liability to this bank on &C'C'Pptancea outstanding. Other Assds. .. 13a,100.58 433 ,1168. 75 63,886.78 125,026.05 None 404 290 .27 20,860.92 Nonf' :-;one NonP NonP Total Asoets. ' 1,183,133 25 LIABILITIES Demand deposits.................. S Time depos1ts.................... . Deposits of U. S. Government ..... . D':livi!!~o~f States_ ~d. ~l~ti~al ~~~ Deposits of banks ................ . Other deposits (certified and officers' checks, etc.) ................... . Bills payable ..................... . Acceptances executed by cr for ar.- count of this bank and outstanding ........ . Other liabilities Capital. .... Rurplus....... . Undivided profits. Reserves. 587,349.50 280,922.60 11.555.47 154.601.61 None 233.00 None None 8,978.87 2.5,000.00 8.~.000.00 29,492.30 None Total Liabilities. $ I, 183, 133 3ii 156 DEPARTMENT OF BANKING STATEMENT Showing eondition at the c:Iose of business December 31, 1961, of BANK OF WRIGHTSVILLE Wrightsnlle, Ga. As ealled for by the Superintendent of Banks W. H. LOVETT, President. Date of Charter: 2-16-1897 J. B. FULGHUM, Cashier. Began Business: 2-16-1897 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of coiJection...... S 459,869.71 United States Government obliga- tions, direct and guaranteed ..... . 770,494.07 Obliga~io!'~ of States and political subdsvts1ons ................... . 32,494.94 Other bonds, notes, and debentures.. 191,096.91 Corporate stocks (including stock of Federal Reserve Bank) .......... . None Loans and discounts (including over- drafts) ........................ . I ,619,642.26 Bank premises owned, furniture and fixtures........................ . 4,749.04 Real estate owned other than bank premises....................... . None Investments and other assets indi- rectly representing bank premise or other real estate ............. . None Customers' liability to this bank on acceptances outstanding......... . None - - - - - Other Assets..................... . None Total Assets .................. S 3 ,078,346. 93 LIABILITIES Demand deposits..................S Time depos1ts.................... . Deposits of U. S. Government . . . . . . D~!l~n~f. ~~~~s. ~~~. ~.l~t.i~l. ~~~ Depcsits of l:anks ................ . Other deposits (certified and officers' rhecks, etc.) ................... . Bills payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Other liabilities .................. . ~::;!~:!. ::::::::::::::::::::::::: Undivided profits................. . Reserves ........................ . 1,413,537.43 995,875.94 11,175.58 273,865.03 62,128.66 8,397.84 None None None 50,000.00 175,000.00 58,366.45 30,000.00 Total Liabilities.............. S 3,078,346.93 STATEMENT Showing eondition at the c:lose of business December 31, 1961, of EXCHANGE BANK OF WRIGHTSVILLE Wrightsville, Ga. As ealled for by the Superintendent of Banks FRANCIS F. SHURLING, President. Date of Charter: 12-20-1909 G. T. BRANTLEY, Cashier. Began Business: 12-20-1909 ASSETS Cash, balances with other banks, in- cluding reserve balances, and cash items in process of coiJection ......S United States Government obligations, direct and guaranteed ..... . Obliga~io!'~ of States and political IIUbdlVISlODS ... Other bonds, notes, and debentur...... Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including overt drafts) ........................ . Bank prP.misea owned, fprniture and fixturN.................. : ..... . Real estate owned other than bank premiaea....................... . Investments and othr &Meta indi- rectly representing bank premises or other real estate ............. . Customers' liability to this bank on acceptances outstanding......... . Other Aaaets..................... . 226,270.48 529,105.86 66,414.05 9,135.45 None 685,436.03 10,522.64 None None None None Total Assets.................1 1,526,884.51 LIABILITIES Demand deposits..................S Time depos1ts.................... . Deposita of U.S. Government ..... . Depoai!s of States and political aub- divi.esone ... _.................. . Deposita of banks ................ . Other deposits (certified and officers' ...hecka, etc.) ................... . Billa payable..................... . Acceptances executed by or for ac- count of this bank and outstanding ........................... . Oth"r liabilities.................. . ~::;:e!.::::::::::::::::::::::::: Undivided profits................. . ReacnI'B ........................ . 708' 940. 0.~ 289,516.93 6,341. 71 269,186.39 None 16,501.64 None None None 35,000.00 145,000.00 56,397.79 None Total Liabilities.............. S 1,526,884.51 FORTY-SECOND ANNUAL REPORT 167 STATEMENT Showing condition at the c:lose of business December 31, 1961, of THE BANK OF ZEBULON Zebulon, Ga. As called for by the Superintendent of Banks J. J. EDWARDS, President. Date of Charter: 3-18-1906 J. H. BAKER, Cashier. Began Business: 1-31-1906 ASSETS Cub, balanoea with other banks, in- cludi~~jr reeerve balanoea, and cub items 10 proceea of collection...... S United States Government oblip. tiona, direct and guaranteed ..... . Obliga~~ of States and political IUbd.iVlllOD8 , .................. Other bonda, notes, and debentures.. Corporate stocks (including stock of Federal Reserve Bank) .......... . Loans and discounts (including over- draft&) ........................ . Bank premiaea owned, furniture and fixtures ............... : ........ . Real estate owned other than bank premieea. ...................... . Investments and other aaaeta indi- rectly representing bank premiaea or other real estate............. . Customers' liability to tbia bank on aeeeptan""" outstanding......... . Other Assets..................... . 279,756.05 605,273.75 53,270.23 110,000.00 None 399.607.05 5,418.83 None None None None Total Assets.................. S 1,453.325.91 LIABILITIES Demand deJIOBita. . . . . . . . . . . . . . . . . S Time depoa1ta.................... . Deposita of U. S. Government ..... . l>epoei~ of States and political aub- divialone ...................... . Deposita of banks................ . Ot&er deposita (eerti&ed and oflieera' cllecka, etc.) ................... Billa payable..................... . Acceptanoea executed by or for ac- count of tbia bank and outstanding........................... . :::: :: :: ::::::::::::: :::: Other liabilities................... . ~;r:. Undivided pro&ta................. . Reserves........................ . 602,692.03 531,400.57 5,740.26 124,265.31 None 481.49 None None 9, 771.33 50,000.00 50,000.00 68,974.92 10,000.00 Total Liabilities. . . . . . . . . . . . . S 1 ,453 , 325. 91